BTC consolidating in the $115K–$117K range, with $115K as key support and $120K–$123K as immediate resistance. Fed Chair Powell expected to keep a neutral stance at Jackson Hole, avoiding firm dovish commitments.
ETH rally stalls again at +1σ Active Realized Price (~$4.7K), consistent with prior cycle resistance zones.
The two treasuries fund their accumulation in very different ways, and a filing shows Strive holding a stake in Strategy's own preferred stock, so the two are not just parallel bets on bitcoin. They hold each other's paper.
The deal puts a bank-issued stablecoin on a major exchange while giving that exchange's institutional clients access to round-the-clock dollar settlement.