BTC Ripping, Treasury Yields, & Unitree Public

View from the Arch #146

August 25, 2026

Finally a good week for price action! Feel free to crack open that bottle of champagne as you read this week:

This Week at Arch: Turn Bitcoin into annual cash flow

Bitcoin can be both a long-term holding and still help fund your life today. Perpetual Income turns a Bitcoin position into a recurring annual cash payout without selling the asset.

You choose how much cash you want to receive each year and post BTC as collateral. Arch sends the proceeds in USD or USDC, then manages the annual rollover so you can receive another payout the following year. Interest is added to the loan balance, so there are no monthly payments interrupting your cash flow.

This is different from taking a one-time loan and deciding what to do all over again at maturity. Set the annual amount once, adjust it each year if your needs change, and keep the structure running for as long as it fits your plan.

The value proposition is simple: one Bitcoin position can support a repeatable stream of liquidity, year after year, while you continue to hold the Bitcoin.

This Week in Crypto

Bitcoin had its best week since - wait for it - March 2023!

  • BTC started the week at around $63,500 and ripped to just over $80K at one point - a 20%+ gain that’s put it on track for its best August since 2017.

  • ETH climbed 31%, SOL 28%, and XRP a shocking 53%.

  • Spot Bitcoin ETFs pulled in $1.92B for the week, the strongest since October 2025.

Coinbase launched tokenized US stocks on its Base network this week, tapping Chainlink to keep prices accurate around the clock.

  • Chainlink's feeds fold in dividends and corporate actions and explicitly warn integrators not to lend against a stale weekend price.

  • This turns your tokenized Nvidia shares into something you can borrow against, trade on a DEX, or plug into a structured product.

This Week in TradFi

Your weekly market check:

  • The 30-year Treasury yield pushed to its highest level in nearly two decades - which you would think would tank stocks, but it actually mostly didn’t!

  • The S&P hovered near record territory most of the week regardless.

  • The Treasury tried to calm things down by announcing it’ll at least double its long-bond buybacks.

    • It worked, briefly - yields eased, the dollar softened, and gold rode the weaker dollar to a three-month high near $4,570 - its fifth straight weekly gain.

  • In other news, Moderna stock roughly tripled at one point Wednesday, its best single day on record, after a skin-cancer vaccine posted strong late-stage trial results.

All eyes are on the Fed’s Jackson Hole symposium coming up, with new Chair Kevin Warsh delivering his first keynote in the job on Friday.

  • Adding to the pressure, Friday also brings the July PCE report.

  • September rate-cut odds are currently sitting around one in three.

This Week in Tech

Marvell handed Google a warrant to buy up to $12.2B worth of its own stock, as a loyalty reward tied to Google actually buying tens of billions in custom silicon for its TPU ecosystem through 2033.

  • Marvell's stock popped nearly 10% on the news; Broadcom, which had been Google's main chip partner up to now, dropped more than 5%.

  • This is now the second major "chipmaker gives Big Tech customer equity for buying its product" deal this year, after AMD did something similar with OpenAI in October.

Unitree, the China-based maker of the backflipping robot dogs you’ve probably seen on TikTok, went public on Shanghai’s STAR Market.

  • It promptly surged 629% intraday before settling around 460% up, pushing its valuation past $50B.

  • The IPO was reportedly oversubscribed something like 8,000 times by retail investors - people love those robot dogs!

  • Notably, Unitree is actually profitable, unlike most of its humanoid-robot peers.

And more model wars:

  • Alibaba's Qwen3.8-Max landed atop several global benchmarks this week, the latest in a run of Chinese model releases that's been described as creating a "death zone" for any AI lab without frontier-level performance or bargain pricing.

  • Meanwhile Polymarket traders are placing their own bets on who's actually winning the underlying capability race.

    • As of this week, they give Anthropic a 66% shot at having the world's best model by year-end, with Google, xAI, and OpenAI splitting the rest of the pie.

Arch is building a next-gen wealth management platform for individuals holding Alternative Assets. Our flagship product is the crypto-backed loan, which allows you to securely and affordably borrow against your crypto.

Disclaimer: None of the above is financial advice, seriously.