Latest from Nick Baker
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst From July Inflation Data
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

Michael Saylor’s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago
BTC’s price is around $29,000, up from less than $23,000 when he decided in 2022 to focus on buying the cryptocurrency.

Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.

Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
The price of bitcoin (BTC) and Binance's BNB token immediately fell following the report.

Crypto Hedge Funds Will Shake Up the Industry: Crypto Long & Short
There are hundreds of them already in crypto, and that’s likely to go up and catalyze the industry.

Bitcoin Venture Capital Is Anything but Boring: Crypto Long & Short
Bitcoin Core's methodical development fuels the idea that “nothing is happening on Bitcoin,” but innovation is actually robust.

Ethereum Juggernaut MetaMask’s Origin Story Challenged in New Lawsuit
Joel Dietz alleges Consensys never credited him for sparking the idea for MetaMask, the most important Ethereum wallet.

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.

This Art Exhibit Is Bringing New Life to Allen Ginsberg’s Poetry Using AI
The Fahey/Klein Gallery in Los Angeles will preview a collection of poems generated by an AI trained using Ginsberg’s literary body of work, supported by his estate.

Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses
They’re responding to the potential systemic risk posed by Michael Egorov’s teetering financial position.
