Thailand’s Securities and Exchange Commission opened a public comment period on Monday for draft regulations covering crypto exchange-traded funds, marking a formal step toward introducing regulated Bitcoin and Ethereum ETF products in the country. The proposal covers two areas. A regulatory framework for establishing crypto ETFs in Thailand, and revised qualification standards for foreign custodians …
Grayscale withdrew its ETF applications for Cardano, Hedera, and Polkadot this week, prompting questions about whether altcoin ETFs are losing momentum. Zach Pandl of Grayscale pushed back on that read. “It would be a mistake to say that altcoins in some broader sense are dead,” Pandl said, calling the crypto asset class large and diverse, …
XRP is trading at $1.47, down 2% on the day, after a 46.8% surge over the past week. The pullback comes despite strong onchain signals: receiving addresses spiked 698%, according to data shared, alongside three straight days of record trading volume for Bitwise’s XRP ETF, topping $80 million today alone. However, XRP remains well above …
Brad Garlinghouse says XRP has already cleared its legal hurdle. Ripple’s CEO pointed to a federal judge’s ruling from the company’s four-year fight with the SEC: XRP itself is not a security. “That is clarity for XRP,” Garlinghouse said. But he says that’s not enough. Ripple’s position is that the whole crypto industry needs the …
About $90 million flowed into altcoin funds last week as prices climbed. XRP rose roughly 50% from recent lows to around $1.60, while Solana funds attracted $28.34 million and Hyperliquid funds received $3.89 million. The inflows show growing institutional interest beyond Bitcoin and Ethereum. Hyperliquid also received a potential policy boost from Trump, while Solana …
Goldman Sachs reported about $86.5 million in XRP ETF exposure across five products, while Wells Fargo disclosed roughly $9.18 million. XRP ETF trading volume also exceeded $100 million during the session. The filings show regulated XRP products are gaining a presence in major institutional portfolios, giving banks and asset managers access without directly holding XRP. …
JPMorgan reiterated its Overweight rating and $240 price target for SpaceX, citing growing confidence in Grok’s AI prospects. The firm highlighted SpaceX’s reported acquisition of Cursor, which generates about $4 billion in annual recurring revenue, with 75% from businesses. JPMorgan expects Cursor to support SpaceX’s enterprise AI strategy, model training and Grok’s performance. The acquisition …
Crypto trader Machi Big Brother has opened about $113 million in leveraged long positions in Bitcoin and Ethereum after his account balance previously fell below $60,000. His positions include 668 BTC worth about $54 million and 23,350 ETH worth about $59 million, according to on-chain data. The move shows he is betting on further gains …
Ethereum’s latest rally could be the start of a much larger move, according to Fundstrat’s Tom Lee. ETH gained about 30% in a week, and Lee noted that similar weekly gains in May 2025 and July 2021 were followed by strong rallies. He believes easier financial conditions could further support crypto prices. Lee also highlighted …
Bitcoin is rising sharply today as several bullish factors strengthen market sentiment. Bitcoin climbed from around $64,000 to nearly $80,000 in one week, gaining about 22%. Spot Bitcoin ETFs recorded roughly $2 billion in weekly inflows, signaling strong institutional demand. The rally also pushed Bitcoin above key levels, including its 200-day moving average and the …
PayPal has not yet been added to Pi Network’s KYB-verified business list, meaning reports of an official PayPal integration with Pi remain unconfirmed. Unofficial claims suggested that PayPal had added PI to its “Pay with Crypto” program alongside assets such as Bitcoin, Ethereum, Dogecoin and Solana. However, PayPal is not currently listed as a verified …
Bitcoin is rising because several positive factors are supporting prices at the same time. Lower U.S. Treasury yields and a weaker dollar are making Bitcoin more attractive to investors. Bitcoin ETFs are also seeing renewed buying, pointing to stronger institutional demand. Positive developments around U.S. crypto regulations, including progress on the CLARITY Act, are improving …
Bitcoin gained about 7.1% in its strongest daily performance since February 2026, as more than $1.4 billion in short positions were liquidated across the crypto market. Short sellers betting on lower prices were forced to buy Bitcoin back as the price rose, adding more buying pressure and pushing the rally higher. Binance accounted for more …
XRP reserves on Binance, Upbit and Bithumb have fallen by about 240 million XRP since late May and early June, according to CryptoQuant data. Combined reserves now stand at roughly 10.84 billion XRP, down 2.2%. Binance saw the largest decline, with its reserves falling 3.7% to about 2.62 billion XRP. Upbit remains the largest holder …
President Donald Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the U.S. under a fully compliant legal framework. The comments were made at a White House crypto event on August 19. This matters because Hyperliquid is a major platform for perpetual futures, but it currently does not serve U.S. users. A …
Bitcoin price is rising today as investors respond to a more crypto-friendly U.S. policy outlook and improving market sentiment. President Donald Trump’s push for Congress to pass the Clarity Act has boosted expectations for clearer crypto rules, while the SEC’s proposed framework for crypto fundraising added to optimism. Bitcoin also gained after the U.S. Treasury …
PayPal has updated its Pay With Crypto developer platform to support around 100 cryptocurrencies, according to its August 11 documentation. However, the official PayPal documentation currently lists Bitcoin, Ethereum and PayPal USD among the supported assets and does not specifically confirm Pi Network (PI). PayPal’s service allows verified U.S. merchants to accept supported cryptocurrencies from …
Asian stocks fell sharply on Wednesday as rising bond yields, higher oil prices and renewed pressure on semiconductor shares hit investor sentiment. South Korea’s KOSPI dropped 5.7%, while Japan’s Nikkei fell 3.2%. Higher U.S. and Asian bond yields are raising borrowing costs and putting pressure on stock valuations. At the same time, oil prices have …
Bitcoin spot trading volume on Binance has fallen below $1 billion, marking one of the lowest levels since 2023. The decline highlights a sharp slowdown in market activity compared with March 2024, when daily volumes regularly exceeded $15 billion. Binance accounts for nearly 40% of total crypto trading volume, making the drop notable. Lower volumes …
Binance released its 45th Proof of Reserves report, based on a snapshot taken on August 1. User BTC holdings rose 2.55% to about 657,000 BTC, an increase of 16,349 BTC from July 1. User ETH holdings fell 2.57% to about 3.98 million ETH, down 105,154 ETH. User USDT holdings also declined 2.57% to about 32.9 …
The FBI may have identified the attackers behind the first wave of the July 2026 Coldcard hardware wallet exploit, which resulted in the theft of 1,082.65 BTC worth about $11.8 million, according to Bitcoin Magazine. Investigations by Block and Galaxy Research found that the attackers used a paid blockchain data provider while moving the stolen …
The Depository Trust & Clearing Corporation (DTCC) plans to launch a stock tokenization service in October on the Canton Network. The service will allow institutional investors to tokenize shares of major Russell 1000 companies, including Nvidia, Apple and Microsoft, and transfer them between approved wallets. The launch follows a pilot involving 40 financial firms, including …
Citi is preparing to offer Bitcoin custody services through its Custody+ platform, expanding its digital-asset services for institutional clients. The platform will provide 24/7 access, secure key management and faster settlement, while integrating crypto custody with existing reporting, tax and safekeeping workflows. The service will initially support Bitcoin, with plans to add other digital assets …
BitMine acquired 9,926 ETH over the past week, bringing its total holdings to 5,815,164 ETH, or about 4.8% of Ethereum’s total supply. The company has staked 5,067,309 ETH, roughly 87% of its holdings, with estimated annualized staking revenue of about $250 million. BitMine also repurchased 1.7 million shares during the week, taking cumulative buybacks since …
The Bank of Russia has proposed adding cryptocurrencies to the assets used to calculate financial resilience ratios for brokers, trustees, forex dealers and crypto exchange offices. Under the draft rules, only exchange-traded cryptocurrencies would qualify, with their value capped at 25% of the assets included in the calculation. The proposal is currently open for regulatory-impact …
Strategy made no Bitcoin purchases or sales between August 10 and August 16, leaving its holdings unchanged at 840,447 BTC. The company acquired its Bitcoin for a total of $63.36 billion, at an average price of $75,385 per BTC. During the week, Strategy sold 3.46 million MSTR shares for $333.7 million. It used $132.2 million …
Phillip Securities has given SpaceX (SPCX) a Sell rating with a $75 price target, citing concerns over the company’s valuation and the durability of its revenue growth. SpaceX shares recently rebounded from a low near $105, gaining more than 35%. However, another major share unlock is scheduled for August 20, when roughly 320 million shares …
U.S. crypto policy will take center stage this week as the White House, SEC and CFTC hold major meetings. On August 19, the White House is expected to meet crypto industry leaders alongside SEC Chair Paul Atkins and CFTC Chair Michael Selig. The following day, the CFTC’s new Innovation Advisory Committee will hold its first …
Bank of Montreal reported a small exposure to XRP-linked ETFs in its latest SEC 13F filing. The bank reported 323 shares of the REX-Osprey XRP ETF worth $2,771 and 20 shares of the ProShares Ultra XRP ETF worth $199, for a combined value of $2,970. Both positions were held through Stoker Ostler Wealth Advisors, a …
Ethereum developers are reviewing 66 proposals for the upcoming Hegotá upgrade, with several focused on adding privacy capabilities directly to the network. FOCIL is currently the only proposal confirmed for inclusion. EIP-8141, EIP-8250 and EIP-8272 are among the proposals being considered and could give privacy applications more tools at the protocol level. However, Ethereum does …