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The sharpest crypto signals — what moved, and why it matters.

Fri, Aug 14

Goldman Buys the Bitcoin Yield Machine

Goldman's BTCI: income without the coin

The fund Goldman just paid up for doesn't own a single bitcoin. BTCI holds other bitcoin-linked products and sells call options against them — bets that pay a fee now in exchange for capping your gains if the price runs. That's how it…

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Hyperliquid's Whip Hand Problem

HIP-3: who actually holds the whip

Warwick, who founded the trading platform Synthetix, says the 50% cut Hyperliquid hands builders can't last. He's right about the leverage: builders can walk, but there's nowhere as good to walk to. Hyperliquid can trim that cut whenever…

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Bitcoin's Defenders vs the AI Guardrails

Red Team: the guardrail protects the attacker

Rob Hamilton, who runs a Bitcoin insurance company, got 19 minutes into hunting for flaws in Bitcoin infrastructure with OpenAI's cyber model before it shut him down. He's now using open Chinese models like Kimi K3 instead, and hates that…

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