Adam Back Calls Bitcoin the 'Hurdle Rate' After Anthropic's Junk Rating
Blockstream's Adam Back framed bitcoin as the benchmark to beat after Anthropic drew a junk credit rating, widening a debate over borrowing costs and 60/40 portfolios.
We use cookies for anonymous analytics and ad measurement to improve the site. Cookie policy.
Original coverage across the crypto market, updated daily.
Blockstream's Adam Back framed bitcoin as the benchmark to beat after Anthropic drew a junk credit rating, widening a debate over borrowing costs and 60/40 portfolios.

Intersect-administered budgets moved about $26 million into USDCx, cutting ADA exposure while milestone and bridge conditions still gate access.
Shares touched an all-time intraday high of about $237.83 on October 2, topping May's record, after Morgan Stanley again named Nvidia its top semiconductor pick.

Digital Asset's Haven adapter carries tokenized-deposit instructions over SWIFT, while final settlement continues to run through existing systems.

Mubadala and Abu Dhabi Investment Council kept 22.94 million BlackRock iShares Bitcoin Trust shares in Q2 despite a $118 million value drop.

Coinbase Canada's new CEO says permanent regulations are needed for expansion into derivatives and DeFi.

Eric Richmond says permanent regulations are needed for Coinbase to offer derivatives, tokenized assets, and DeFi in Canada.

Cantor and BSTR renegotiate terms after the financing package for the Bitcoin treasury became non-binding.
EMURGO steps down from Cardano's Pentad governance body citing the SecondFi exploit, sending ADA down 5%.
The DeFi protocol aims to recover and return funds drained from 374 wallets via a software flaw.
Cantor Fitzgerald’s SPAC postpones the BSTR vote, hindering Adam Back’s bid to become the second-largest Bitcoin treasury.