AGP Executive Report
Last update: 7 hours agoBitcoin’s August surge: BTC delivered its strongest August since 2017, up roughly 25–30% from early-month lows near $62K–$64K to a brief push above $81K before settling around $78K–$79K, powered by a record short-liquidation day (about $2.75B) and heavy spot ETF inflows. Tokenized Treasuries: BlackRock’s BUIDL reclaimed the top spot in tokenized US Treasuries with about $2.8B in assets under management on Securitize’s platform. Corporate Bitcoin signal: Michael Saylor posted “We’re ₿ack,” reviving speculation that Strategy may restart BTC buying after a 10-week pause, with the firm still holding about 840,447 BTC at an average cost near $75.4K. Crypto banking in Russia: Sberbank says it wants to accept BTC, ETH, and USDT as loan collateral once regulators allow public circulation, while payments remain restricted. XRP ETF momentum: XRP ETFs hit a new inflow high, but XRP still faces resistance after giving back part of August’s rally. Infrastructure: BitGo agreed to buy NYDIG’s institutional trading arm for $7M cash plus $35.5M in stock, expanding custody-to-trading coverage. Ethereum-linked RLUSD shift: Ripple’s RLUSD supply is growing faster on Ethereum than on XRPL, with Ethereum taking the lead again.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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