Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.” Author: Cheyenne Ligon

Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets. Author: Krisztian Sandor

Also: the Democrat gains on Trump but hasn’t closed the gap, unlike in polls; Polymarket punters trade on Olympic women’s boxing controversy; Fed will cut rates fast and hard in September, say bettors. Author: Sam Reynolds, Marc Hochstein

Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin. Author: Shaurya Malwa, Omkar Godbole

Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%. Author: Stephen Alpher