AGP Executive Report
Last update: 6 hours agoBitcoin & Macro: BTC bounced back toward $79K after August CPI matched forecasts, even as core monthly inflation ran hotter and Fed-hike odds climbed to ~85–81%, keeping traders nervous. Liquidations: A leverage wipeout hit crypto hard, with about $684M liquidated in 24 hours and ETH taking the biggest share, fueling sharp rallies via short squeezes. Liquid Network Hack Fallout: SlowMist says Blockstream’s Liquid exploit came from a range-proof cache key collision in Elements, minting ~3,998.5 unbacked L-BTC and draining ~95% of Liquid reserves; about 3,400 BTC was later returned, but ~598.5 BTC remains missing. Corporate Crypto Moves: MARA is pushing its Matagorda County build as an AI/HPC expansion play, while Metaplanet is cutting its Series 10 pool by 41% and launching a Hong Kong Bitcoin asset-management unit. Stablecoins & Regulation: GMO-Z’s yen-pegged GYEN stablecoin is winding down with redemptions through Nov. 11, and the DOJ restrained $52M tied to the Xinbi Guarantee scam with Tether help. Institutional & Alt Signals: Spot ETH ETFs pulled in $1.75B in August, Zcash mining profitability is outpacing Bitcoin (per Grayscale), and XRP ETF options entered the US market.
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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