2/ In Hong Kong, Muneeb Ali announced HashKey Cloud, Asia's #1 staking provider, HKD 29B staked across 40+ networks, is joining Bitcoin Staking on Stacks and the first Genesis Bond, alongside UTXO Management. Read more here 👇
stacks.co/blog/asias-no-1-st…
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3/ The rails thickened. BitGo now supports sBTC. Fordefi brings MPC wallet access to the bond at launch.
The Tie (~500 funds and banks) and Ankr joined the sBTC signer set. Custody, wallets, signers: what institutions need before bringing BTC to Stacks
forum.stacks.org/t/stacks-sn…
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4/ The countdown: the Genesis Bond opens on Stacks September 10 at block 966,350, first BTC rewards ~Sep 17.
For everyone else on Stacks, StackingDAO pools and Zest vaults are on the way
stacks.co/blog/the-genesis-b…
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5/ The backdrop: Bitcoin gained ~25% in August, its best since 2017, then got rejected near $81.5k Friday and opened September near $77k.
Iran back in the headlines, crude above $91, bonds selling off. Down under 2% on the week. Digestion, not breakdown
fxstreet.com/cryptocurrencie…
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6/ The honest read: July PCE ran 3.7% year over year, and Fed Chair Warsh's first Jackson Hole keynote was hawkish: "we still have work to do."
September hike odds: under 40% to ~60%. ETFs ran nine green days past $3B, one $202M outflow, then $217M back
finance.biggo.com/news/38c80…
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7/ Strategy ended a ten week buying pause with a $370M purchase, and Capital B is adding 376 BTC.
Corporates deploying straight into a hawkish Fed. The macro got harder. The building on Stacks got faster. That's the whole thesis in one week 🟧
techtimes.com/articles/32610…
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8/ Same block, Bitflow is making waves with Stacks's 90-day DeFi incentive program: 1.5 BTC in rewards, that's 150,000,000 sats flowing to Bitflow's sBTC/USDCx and STX/USDCx pools over 90 days from Sep 10.
Swap $25+ a day for a shot at a daily draw, trade the pairs, or keep liquidity tight near the price. Early positions earn the most - More details coming up!
stacks.co/blog/stacks-90-day…
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