The Boring Company breaks ground on Nashville Music City Loop
Japan's Remixpoint dumped every altcoin it owned to go all-in on Bitcoin.
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It's been a a week of decisive moves across crypto.
One Japanese firm shed its altcoins to bet exclusively on Bitcoin, just as the G20 signaled support for clearer, growth-oriented digital asset rules.
Elsewhere, Wyoming enhanced the onchain transparency of its state-issued stablecoin, while Bitcoin held a key level ahead of the Fed's next move.
Remixpoint broke up with every altcoin to go steady with Bitcoin
Tokyo-listed Remixpoint liquidated its Ethereum, Solana, XRP and Dogecoin holdings for roughly $6M.
The Japanese firm is consolidating entirely into Bitcoin as a reserve asset.
When public companies start treating BTC like a treasury standard, the altcoin bench gets a lot lonelier.
Markets
Rate hike expectations hold firm despite softer jobs data
Private payrolls came in weaker than expected, but traders still bet on a September Fed hike.
Rising Treasury yields added pressure across risk assets, and accumulation has slowed.
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Glassnode data showed investors across all cohorts still quietly building Bitcoin positions.
BTC held near $77K, ETH slipped below $2,400, SOL dipped under $100 and XRP traded near $1.33.
G20 calls for clearer crypto regulations to boost innovation and cross-border payments
G20 finance ministers want unified digital asset rules that encourage innovation without wrecking stability.
The push came after a two-day meeting focused on improving cross-border payment systems globally.
When the world's largest economies agree crypto needs real rules, the regulatory vacuum starts closing fast.
Wyoming taps Chainlink to verify its stablecoin backing onchain
Wyoming's Stable Token Commission adopted Chainlink Proof of Reserve to verify its FRNT stablecoin backing.
The system provides real-time onchain proof that reserves actually match the tokens in circulation.
A US state using blockchain to audit its own currency is a quiet but significant precedent.
On Our Radar
Automation's actual payoff: Where AI stops being vaporware and starts saving money*
Crypto's Homecoming: SEC signals willingness to actually work with blockchain builders
Tokenizing the bleachers: Sports teams are now selling equity stakes as digital assets.
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