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Bitcoin fell and Treasury yields rose after Friday’s jobs report, but CoinDesk said expectations for a Federal Reserve rate hike remained largely steady, making the market’s hawkish reaction appear overstated.
FinCEN has tied $12.7 billion to crypto scams run from Asian compounds, Decrypt reports. Monthly reported sums rose 18% on average, while the operations now appear to be spreading beyond Southeast Asia.
Bitcoin ETFs attracted $731 million on Thursday, their largest daily inflow since January. Every fund rose almost 6%, while combined net assets topped $103 billion for the first time. BlackRock’s IBIT took well over half of the inflows.
The UK's National Crime Agency reportedly froze Sorare's $13.6 million payment to the Premier League. It was the first payment under a $163 million deal, as the Messi-backed fantasy card game faces a gambling prosecution.
Bitcoin climbed 21.5% between Aug. 17 and Aug. 21, while six of seven large US-listed miners fell. The performance gap underscores how mining companies are evolving beyond pure Bitcoin exposure toward high-performance computing operations.
Polish Olympic Committee president Radosław Piesiewicz faces charges in a prosecutorial investigation into his ties to collapsed cryptocurrency exchange Zondacrypto, Poland’s justice minister said, according to Cointelegraph.
