BTC recovered slightly overnight after dipping below $77K yesterday, holding above key support as markets wait for Friday’s nonfarm payrolls report to shape the rate hike narrative ahead of September 16. The regulatory calendar is accelerating faster than the price. A state just petitioned the Supreme Court on a case that could reshape the entire prediction market industry. A Japanese company sold all its altcoins in one session. And a cypherpunk legend backed a European Bitcoin treasury firm at a premium.
Japan’s Remixpoint Just Sold Every Altcoin It Owned
Remixpoint completed the sale of its entire ETH, SOL, XRP, and DOGE holdings on September 1 for approximately $5.5 million, booking a $737,000 combined gain. Bitcoin is now the company’s only crypto asset, with 1,506 BTC worth approximately $115 million. The company cited market conditions and capital efficiency as the reasons for the shift to a Bitcoin-only strategy. How much has Remixpoint earned from lending its Bitcoin holdings this year? Read more.
The Man Cited in the Bitcoin White Paper Just Backed a Treasury Firm
Adam Back, CEO of Blockstream and cited in Bitcoin’s original 2008 white paper, invested $8.8 million in French Bitcoin treasury company Capital B at a 15.4% premium to its closing price. The raise is part of a broader financing that could lift Capital B’s total holdings to 3,521 BTC, making it Europe’s second-largest public company Bitcoin treasury. What warrant structure does Back receive alongside his share placement in Capital B? Read more.
Ondo Is Asking US Regulators to Bring Stock Perps Onshore
Ondo Finance submitted three comment letters to the SEC and CFTC on August 24, arguing that stock perpetual futures can operate within existing US law without new legislation. Ondo’s offshore platform already recorded $8 billion in volume just six weeks after launch. The company argues that activity currently conducted offshore should be brought onshore given that the underlying stocks trade on US exchanges. What core legal argument does Ondo make about perpetual contracts and expiration dates? Read more.
Thailand Just Required Exchanges to Verify Self-Custody Wallets
Thailand’s SEC issued Travel Rule regulations on September 2 requiring crypto businesses to collect sender and recipient information, verify the ownership of self-custodial wallets, and retain all transaction records for at least five years. The rules take effect February 27, 2027, giving operators nearly six months to build compliant systems. Thailand also advanced draft rules for spot BTC and ETH ETFs in the same week. What verification must Thai exchanges perform when customers transact with self-custody wallets? Read more.
New Jersey Just Took Kalshi to the Supreme Court
New Jersey filed a 332-page Supreme Court petition on September 2 asking justices to decide whether states or the CFTC have authority over sports betting contracts on prediction market platforms. A Ninth Circuit ruling now contradicts the Third Circuit’s earlier decision in Kalshi’s favour, creating a circuit split that legal experts say strengthens the case for Supreme Court intervention. What is the core legal question New Jersey wants the Supreme Court to answer? Read more.
Is Bitcoin’s four-year halving cycle still a reliable framework for predicting price peaks in 2029?
TLDR: Some corporate treasuries see Bitcoin as the cleaner, more liquid reserve asset.
- Bitcoin’s 59.58% dominance and weak altcoin-season reading (35) reinforce its institutional positioning; altcoins add volatility, liquidity, and execution risk.
- Remixpoint cited risk-return reassessment, capital efficiency, and Bitcoin-lending income after selling ETH, SOL, XRP, and DOGE.
Disclaimer: This alpha is provided by CryptoMx. CryptoMx can make mistakes—please DYOR. Not financial advice.
