
Bad actors with access to a cryptography-breaking quantum computer probably won’t try to announce it to the world by hacking Satoshi Nakamoto’s high-profile Bitcoin wallets, crypto executives say.
BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No.
Backpack Exchange has listed TRON for both spot and perpetual trading, adding TRX/USD and TRX-PERP markets to its exchange lineup.
Backpack’s listing materials say the listing was announced on July 29, 2026, with TRX spot trading and perpetual contracts offering up to 10x leverage. For TRON, the listing gives traders another venue for accessing TRX markets, though it should not be overstated as a major change to global liquidity on its own.
Exchange listings matter, but not all listings are equal.
The real impact depends on volume, market-maker support, user demand, spreads, liquidity depth, and whether traders actually migrate activity to the new markets.
A spot listing gives users direct access to buy and sell TRX.
A perpetual listing adds leveraged trading, hedging, and short exposure. For many active crypto traders, perps are where the real action happens because they allow more flexible positioning without needing to hold the asset directly.
Listing both spot and perpetual markets gives an exchange a fuller TRX trading stack.
That can help traders move between spot exposure and derivatives positioning without leaving the platform.
For TRON, it adds another venue where market participants can express views on the asset.
TRON remains one of crypto’s most important networks for stablecoin transfers, especially USDT activity.
That gives TRX a different market profile from many altcoins. Traders do not only watch TRON as a speculative Layer 1. They also watch the network’s payment and stablecoin settlement role.
Exchange access can support that broader ecosystem, but a single listing does not transform network usage by itself.
The listing is useful because it expands trading options. It does not prove a new wave of TRON adoption.
The 10x leverage detail deserves caution.
Leverage can make markets more liquid and more efficient, but it can also amplify volatility. Perpetual markets often attract short-term traders, funding-rate strategies, hedgers, and speculative flows.
If open interest builds quickly, TRX may become more sensitive to liquidation cascades or crowded positioning on that venue.
That does not mean the listing is bad. It just means derivatives markets create a different risk environment than spot-only trading.
Users should understand that perpetual contracts are not simple token purchases.
For Backpack, adding TRX expands its market coverage.
Exchanges compete by listing assets traders want, building reliable execution, attracting liquidity providers, and offering products across spot and derivatives. TRX is a logical addition because it is a large, liquid asset with an active global user base.
The question is whether Backpack can attract meaningful volume.
Listing the market is step one. Depth and sustained activity are what determine importance.
The measured takeaway is that TRX now has spot and perpetual markets on Backpack Exchange.
That gives traders another route into the asset and expands product availability. It may support liquidity at the margin, but it should not be framed as a major adoption milestone unless volume data later supports that.
For TRON, the bigger story remains its stablecoin-transfer footprint and network utility.
For Backpack, the listing adds another recognizable asset to its exchange stack.
This article is based on Backpack Exchange listing materials for TRX spot and perpetual markets.
This article was written by the News Desk and edited by Samuel Rae.
This report is based on information released in disclosures at primary source documentation.
A proposed XRP Ledger amendment known as XLS-68 could let sponsors cover transaction fees and reserves for other users, making it possible for some wallet interactions to happen without the end user directly holding XRP.
The feature, included in the xrpld v3.3.0 amendment bundle, is part of a broader move toward fee abstraction and smoother user onboarding.
That does not mean XRP demand will definitely fall.
It means some users may be able to interact with applications while another party handles fees and reserves behind the scenes. For apps and wallets, that can make the user experience much simpler. For XRP holders, it raises a more nuanced debate about how fee abstraction affects native-token visibility.
Most blockchains require users to hold the native asset for transaction fees.
That makes sense at the protocol level, but it creates onboarding friction. A new user may receive a stablecoin or token but still need XRP to move it. That adds an extra step, and every extra step loses users.
Fee sponsorship tries to solve that.
An app, wallet, exchange, business, or other sponsor can cover the fee and reserve requirements, letting the end user interact more smoothly.
This is common in broader crypto UX thinking. Many networks are trying to make blockchain fees less visible to mainstream users.
If sponsored fees work well, XRP may become less visible in some user journeys.
A person using an app may not need to think about acquiring XRP first. The app handles it. That can be good for adoption because it reduces friction, especially for consumer or enterprise products.
But it also changes how users perceive the native asset.
If users no longer directly hold XRP for every interaction, some traders may wonder whether fee demand weakens. That is the debate around the amendment.
The answer is not simple.
Sponsors still need a way to fund fees and reserves. Network activity still depends on the ledger’s economics. The question is who holds and spends XRP, not whether the network stops needing it entirely.
There is another side to the demand argument.
If sponsored fees make XRPL easier to use, the network may attract more applications and transactions. More users may interact with apps if they do not need to manage XRP directly on day one.
That could offset reduced user-facing fee friction.
In other words, XRP might become less visible per user but support more total activity if onboarding improves.
That is why it is too simplistic to say sponsored fees are bearish or bullish.
The real effect depends on adoption, sponsor behavior, transaction volume, reserve mechanics, and how apps implement the feature.
Fee abstraction is especially relevant for enterprise and consumer-facing products.
A bank, fintech, gaming app, payment company, or stablecoin issuer may not want users dealing with native-token balances just to complete basic actions. Sponsored fees let those companies hide some blockchain complexity while still using XRPL underneath.
That can make the ledger more attractive for tokenized asset or payment flows.
But again, this only matters if the amendment activates and builders use it.
A proposed feature is not adoption. It is infrastructure that may enable adoption.
The next step is validator support.
Like other XRPL amendments, XLS-68 needs the required consensus threshold before activation. Until then, it remains a proposal in the release path, not a live feature reshaping user behavior.
If activated, the market can then watch how wallets and apps integrate it.
For now, the sponsored fees proposal is best understood as a UX and fee-abstraction story.
It may reduce the need for some users to hold XRP directly, but it could also make XRPL easier to use and expand application activity. The impact depends on what builders do next.
This article is based on XRP Ledger amendment materials related to XLS-68 sponsored fees and reserves.
This article was written by the News Desk and edited by Samuel Rae.
This report is based on information released in disclosures at primary source documentation.
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching whether capital was rotating toward major altcoins.
The validated notes show Bitcoin rising 0.29% to about $64,145.86, while Ethereum traded around the $1,890 to $1,920 range, briefly dipping below $1,900 before recovering. At the same time, BTC and ETH dominance slipped slightly, pointing to a modest move into other crypto assets.
That is not enough to declare “altseason,” and it would be lazy to pretend otherwise.
But it is enough to say the market is becoming more selective. Bitcoin and Ethereum remain the anchors, while traders are scanning altcoins for relative strength, fresh narratives, and clearer catalysts.
For more details, visit the official Coinmarketcap platform.
Crypto traders love simple market-cycle labels.
Bitcoin season. Ethereum season. Altseason. Meme season. DeFi season. ETF season.
The reality is usually much messier. Capital rotates in stages, not all at once. Large caps may move first, then higher-quality altcoins, then more speculative assets. Sometimes rotation lasts days. Sometimes it fades quickly. Sometimes it is only a pause in Bitcoin dominance before BTC takes control again.
That is why the current market deserves a careful read.
Bitcoin and Ethereum are still holding the center. A slight dominance dip does not mean traders have abandoned them. It may simply mean that some capital is searching for better short-term setups elsewhere.
That can happen even while BTC and ETH move higher.
Bitcoin remains the first asset most traders watch.
When BTC is stable or rising gently, risk appetite often improves. Traders may become more comfortable moving into Ethereum, Solana, XRP, BNB, Chainlink, Sui, or other large-cap altcoins. When Bitcoin drops sharply, that appetite can vanish quickly.
So a modest BTC gain can create room for altcoin movement.
That does not make Bitcoin irrelevant. It makes Bitcoin the weather system the rest of crypto trades under.
At around $64,000, Bitcoin’s position is still strong enough to keep market confidence alive, but not necessarily explosive enough to absorb all attention. That can create the conditions for selective altcoin bids.
Ethereum’s position is a little more complicated.
ETH remains the largest smart-contract asset and a major institutional focus, but its market narrative now involves Layer 2s, ETF flows, stablecoins, DeFi revenue, mainnet fees, and competition from faster chains.
When Ethereum trades near $1,900, the market does not just ask whether ETH is rising. It asks whether Ethereum’s broader ecosystem is attracting capital.
If ETH stabilizes, some traders may look further down the ecosystem stack: Uniswap, Aave, ENS, Layer 2s, liquid staking, and other DeFi or infrastructure names. That is how Ethereum strength can sometimes spill into altcoins.
But again, that spillover is not automatic.
ETH can rise without DeFi tokens following. DeFi tokens can rally while ETH stalls. Rotation is never as clean as traders want it to be.
The biggest difference from earlier cycles is selectivity.
In older bull phases, almost everything could move once traders decided risk was back. Now, the market is more fragmented. Liquidity is thinner in many assets. Investors are more sensitive to token unlocks, revenue, governance, emissions, legal risk, and actual usage.
That means altcoin rotation may favor stronger narratives rather than every token.
Real-world assets, stablecoin infrastructure, DeFi fee switches, AI compute, exchange-linked tokens, and major ecosystem upgrades may attract more attention than generic price charts.
This is healthier, even if it feels less euphoric.
A market where traders ask “what is the catalyst?” is more mature than one where every ticker moves simply because Bitcoin paused.
The next useful signal is dominance.
If BTC and ETH keep rising while dominance continues to slip, that suggests broader participation. If dominance rebounds sharply, altcoin strength may fade. If BTC rolls over, most altcoins will likely struggle regardless of their individual setups.
So the right read is cautious optimism.
Bitcoin and Ethereum are steady enough to support risk appetite, and there are signs of selective rotation. But the market has not given enough evidence for a sweeping altseason call.
For now, traders are looking beyond the two largest assets, but they are not ignoring them.
That balance may define the next phase of the market.
This article is based on July 31 public crypto market data covering BTC, ETH, and market dominance.
This article was written by the News Desk and edited by Samuel Rae.
NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR tokens and receive monthly compute credits instead of paying through traditional cloud billing or credit-card rails.
According to the validated notes, the system gives users access to 43 hosted AI models, including models from OpenAI, Anthropic, and Google. The key detail is that tokens are not consumed. Users lock NEAR and receive compute credits proportional to their stake size.
That makes this more interesting than a simple payment integration.
NEAR is trying to tie token utility directly to AI usage. Instead of asking users to buy a token for speculative reasons, the model gives the token a role in accessing compute.
The question is whether users will actually adopt it at scale. But as a design direction, it is worth watching.
For more details, visit the official Near platform.
AI usage has a very real payment problem.
Users and developers often pay through cloud accounts, credit cards, subscriptions, invoices, or platform credits. That works fine in traditional software, but it does not map neatly to autonomous agents, crypto-native users, or applications that want programmable access without conventional billing.
NEAR’s model tries to solve that by using staking as the payment layer.
Instead of spending tokens directly, users lock them. The locked stake determines monthly compute credits. That creates a different relationship between token ownership and product access.
The user is not simply paying a fee. They are committing capital to the network and receiving AI compute access as a benefit.
That could make sense for developers, agent builders, or users who already hold NEAR and want a reason to use it beyond staking yield or governance.
The fact that tokens are not consumed is important.
If the model required users to spend NEAR every time they used an AI model, it would look more like a normal pay-per-use system. Locking tokens changes the economics because users retain ownership while receiving credits.
That may make the system feel less expensive for users, though there is still an opportunity cost. Locked tokens cannot be freely used elsewhere while committed, and their market value can move.
The model therefore resembles a membership or access system backed by staking.
That is a different kind of token utility, and crypto networks have spent years searching for utility models that do not rely only on speculation or inflationary rewards.
The autonomous-agent angle is where this gets more forward-looking.
If AI agents are going to operate independently, call models, use tools, pay for services, and make decisions in software environments, they need payment rails that are programmable. Traditional billing can work for human-managed accounts, but it becomes clunky when software agents are expected to act continuously.
Crypto rails may be useful there.
A staking-based compute model could let an agent or developer environment access AI resources based on locked capital rather than repeated card payments or centralized credentials.
That is still early. There are many open questions around permissions, safety, abuse controls, cost predictability, and user experience. But the direction fits NEAR’s broader focus on AI and agent infrastructure.
The caution is simple: launch is not the same as adoption.
NEAR may have a clever compute-credit model, but the market still needs to show whether users prefer it. Developers will compare it with direct API billing, cloud credits, open-source models, enterprise contracts, and other crypto-native compute markets.
The model also needs to be clear.
How many credits does a given stake generate?
Which models are available at what cost?
How predictable are credits over time?
Can teams build around it without worrying about token volatility?
Does the system attract users who were not already in the NEAR ecosystem?
Those questions will determine whether this becomes a real use case or a niche experiment.
What makes the NEAR AI payment model interesting is that it gives the token a practical role.
Crypto has often struggled to explain why a token needs to exist beyond governance, gas, staking, or incentives. Linking token staking to AI compute access gives NEAR a more concrete utility narrative.
That does not guarantee success. But it is more useful than vague AI branding.
If users can lock NEAR and receive compute credits for models they actually use, then the token becomes part of a product loop. That is exactly what many networks are trying to build: token demand connected to real usage rather than just market cycles.
NEAR’s staking-based compute payments are still early, but they point toward a crypto-AI model that is more practical than most of the hype around the sector.
This article is based on NEAR AI materials describing staking-based compute credits and model access.
This article was written by the News Desk and edited by Samuel Rae.
Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said.
The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, examined the recent accumulation by the largest wallets. It said the steady buying reflects behavior often seen during the closing phase of a bear market.
For Bitcoin, wallets linked to major holders, excluding exchanges and miners, expanded their combined balance to about 3.06 million BTC this year. Buying accelerated after Bitcoin fell below $60,000 in June, though holdings remain below the 2025 cycle peak.
Ethereum showed an even stronger accumulation trend among its largest holders. Wallets holding between 10,000 and 100,000 ETH reached a record of 19.6 million ETH. Addresses with more than 100,000 ETH have added about 1.8 million ETH since mid-2025, lifting their holdings by roughly 70%.
The accumulation trend contrasted with activity among smaller Ethereum holders. CryptoQuant noted that wallets outside the largest groups reduced their combined balance by about 2.7 million ETH since January, showing a growing divide between large and smaller holders.
A similar shift was also visible in XRP, where large holders continued increasing their positions despite fears and liquidations.
The recent accumulation comes as all three assets trade near key realized price levels. Realized price is widely used to assess market cycles because it estimates the average acquisition cost of holders.
Bitcoin was trading around $65,000 compared with a realized price of roughly $52,900, while Ether changed hands near $1,920 against a realized price of about $2,450. XRP traded near $1.04 with a realized price of approximately $0.75, levels the firm described as consistent with late-stage bear market conditions.
According to CryptoQuant, the combination of whale accumulation and prices trading near realized values is consistent with the closing phase of a bear market. The firm added that further downside remains possible before a market bottom is confirmed.
The post BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End appeared first on CryptoPotato.
This week, Wintermute said institutional investors made up 72% of its spot OTC crypto flow in the first half of 2026, versus 59% a year ago.
Professional investors are changing crypto markets by concentrating on fewer assets, utilizing derivatives, and muting the extreme price swings once associated with retail trading, the firm says.
Wintermute’s 1H26 OTC report found that institutional counterparties, including hedge funds, digital asset treasuries, asset managers, and family offices, accounted for 72% of spot flow on its desk between January and June, with the figure rising from 61% in the second half of 2025 and 59% in the first half of 2025.
The company pointed out that institutional activity had become large enough to influence market direction and token performance. It wrote that “institutions are now the clear drivers of Wintermute’s OTC flow,” adding that their trading habits are changing how liquidity is distributed across crypto.
One major shift is that institutions are staying focused on a smaller group of tokens. Between the first half of 2024 and the first half of 2026, the number of unique tokens traded by institutional counterparties increased by just 24%, while among retail traders, the number expanded 76% during the same period.
Wintermute said the increase has created a market where liquidity is increasingly concentrated in fewer assets. Institutional investors have also moved more exposure into derivatives. Altcoin options notional volume on Wintermute’s desk grew 3.4 times between the second half of 2025 and the first half of 2026, as investors used options strategies to generate yield.
The report also linked institutional participation to lower volatility, with Bitcoin’s realized volatility dropping from near 70% in 2025 to about 45% now.
Wintermute CEO Evgeny Gaevoy told Bloomberg Crypto that institutions are changing the way crypto behaves as they become a larger part of trading activity. The firm wrote, “As the patient cohort grows, it is draining crypto of the volatility that once made the asset class so compelling to retail.”
While the prolonged BTC downturn has seen it drop roughly 49% from its October peak above $126,000 last year, unlike previous crypto winters, the decline has been relatively steady, with fewer sudden and extreme price plunges. The OG cryptocurrency was trading near $65,000 at the time of writing, with data from CoinGecko showing it had barely moved in 24 hours and was up just 1% across seven days.
The report’s findings track with a broader pattern of banks building out crypto infrastructure this year, including Morgan Stanley, which earlier this year announced it would be introducing crypto trading on its E*Trade Platform. The asset management firm also recently launched America’s cheapest ETH and SOL ETFs.
The post Wall Street Tightens Grip on Crypto as Institutions Now Drive 72% of Spot Flow: Report appeared first on CryptoPotato.
In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains from cryptocurrency trades conducted through Securities and Exchange Commission of Thailand-licensed exchanges, brokers, and dealers.
Published in the Royal Gazette under Ministerial Regulation No. 399, the exemption applies to qualifying transactions from January 1, 2025, through December 31, 2029.
BREAKING:
BINANCE FOUNDER CZ JUST CONFIRMED THAILAND NOW HAS 0% CAPITAL GAINS TAX ON #BITCOIN AND CRYPTO
ANOTHER MAJOR COUNTRY IS OPENING THE DOORS TO BTC
THE RACE IS ON
TIGHTEN YOUR SEATBELTS
pic.twitter.com/gDHSjBBWp4
— The Bitcoin Historian (@pete_rizzo_) August 6, 2026
The time-limited measure is designed to encourage traders to use locally regulated channels rather than foreign or unregulated platforms. It also raises a longer-term question for market participants: what will happen when the exemption expires at the end of 2029?
This news out of Thailand dropped as the total crypto market cap climbed +0.8% overnight, sitting at $2.29 trillion with the daily trading volume figure at $50.3Bn.
Under the regulation, individual investors who trade digital assets through SEC-licensed platforms do not pay personal income tax on qualifying gains. The relief applies only when transactions are conducted through a local approved exchange, broker, or dealer.
Regular income tax rules continue to apply to income connected to foreign or unlicensed exchange activity, as well as crypto income from mining, staking, and airdrops. Gains generated outside approved channels do not qualify for the exemption.
Investors should retain accurate purchase and sale records, including dates and exchange receipts, to help prove eligibility if requested by tax authorities. The policy draws a distinction between regulated and unregulated channels while seeking to make compliant trading more attractive.

The tax initiative aligns with Thailand’s stated goal of promoting itself as a global digital asset hub. A legal analysis published by Nishimura & Asahi says the measure is intended to stimulate Thailand’s digital asset market and related businesses.
The same analysis says those related businesses are expected to generate at least Baht 1 billion in additional tax revenue during the exemption period. It also notes that the measure promotes trading through Thai digital asset business operators regulated by the SEC and the Anti-Money Laundering Office, with an emphasis on transaction transparency and traceability.
Thailand’s digital asset framework covers licensed exchanges, brokers, and dealers under the Emergency Decree on Digital Asset Businesses 2018. The exemption therefore links the tax incentive to participation through supervised operators.
THAILAND MAKES CRYPTO HISTORY.
Massive move: Thailand exempts Bitcoin & crypto capital gains tax until 2029. This isn’t just policy — it’s a signal.
Adoption accelerates.
Liquidity flows stronger.
Market structure shifts globally.
Technology gains legitimacy.
When… pic.twitter.com/5TcuAzB27M
— @CryptoMarketIntel (@AndasonF85945) August 6, 2026
The exemption is scheduled to run only through December 31, 2029. After that date, the law will need review or renewal, according to the primary reporting on the measure.
Some analysts expect the policy to draw local and international interest to Thailand’s licensed exchanges. For traders and businesses considering the framework over the longer term, the scheduled end date remains a central consideration.
Whatever is decided for post-2029, this move signals a huge boost to crypto adoption in Southeast Asia, with Thailand looking to cement itself as a major player in the digital asset space with its no capital gains tax ruling.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
The post Thailand Waives Crypto Capital Gains Tax on Licensed Platforms appeared first on 99Bitcoins.
The US Senate has postponed its planned floor vote on the CLARITY Act until September, pushing the digital asset market structure proposal beyond the August recess.
Senate Majority Leader John Thune confirmed the delay after Democratic lawmakers withheld procedural support, moving consideration of the crypto legislation further down the calendar.
The legislation, H.R. 3633, would establish a federal market structure for digital assets and divide oversight responsibilities between the SEC and the CFTC. It also includes provisions covering stablecoin rewards, anti-money-laundering controls, decentralized finance and tokenized securities.
This delay has caused a modest drop across the crypto markets, with the total market cap down -0.6% overnight, sitting at $2.27 trillion. Whether a larger drop is coming as the market digests the delay is still up for debate.
NEWS: The Senate has decided to punt a vote on the Clarity Act until September, per Politico. https://t.co/J7qWARmRPY
— Eleanor Terrett (@EleanorTerrett) August 7, 2026
The House of Representatives passed H.R. 3633 in July 2025 by a 294-134 vote. The Senate Banking Committee advanced an amended version 15-9 in May 2026, followed by updated text released by Senator Cynthia Lummis in July that combined work from the Banking and Agriculture committees.
Negotiators remain divided over key provisions. Seven Senate Democrats rejected the updated draft in late July, citing concerns about consumer protection, illicit finance, ethics, conflicts of interest and market integrity.
Republicans hold 53 Senate seats, while leadership needs 60 votes to invoke cloture and overcome a filibuster. Democratic support is therefore needed to advance the bill.
According to a Politico report, Democrats also declined to approve a time agreement that would have accelerated remaining Senate business before recess, making it harder to schedule a floor vote before lawmakers leave Washington.
Ethics safeguards remain a major sticking point, particularly over elected officials’ crypto interests. Democrats have also sought changes related to law-enforcement concerns and the commodities portion of the legislation.
Check out the CLARITY Act Markets on Kalshi and Claim Your FREE $25

(SOURCE: Kalshi)
Thune said leadership intends to queue the CLARITY Act for consideration when senators return in September. The delay places the measure closer to federal spending fights and the 2026 midterm campaign, narrowing the available legislative window.
Even if the Senate reaches a bipartisan compromise, the legislative process would remain incomplete. Because senators amended the House-passed legislation, the two chambers would need to resolve their differences before a final version could reach the president.
The Senate has postponed the vote on the CLARITY Act to September due to unresolved ethics rules regarding officials’ crypto interests and concerns over law enforcement and market integrity.
This delay creates ongoing regulatory uncertainty as firms continue to operate under existing SEC and CFTC guidance, affecting custody and product planning.
Analysts anticipate mild short-term volatility in bitcoin and major altcoins as traders adapt to the revised timeline. While the chances of the bill passing this year have decreased, most see this as a mere postponement rather than a setback.
Critics, like Bo Hines, argue it hampers competitiveness and pushes innovation offshore. Nonetheless, the longer-term outlook for crypto remains positive, particularly for institutional adoption and stablecoin issuers.
Expect ongoing discussions and headline-driven noise through September, and keep an eye on prediction market platforms such as Kalshi, which have historically offered good insight into the next moves throughout the CLARITY Act drama.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
The post Senate Pushes CLARITY Act Into a Crowded September Calendar: What Does it Mean for Crypto? appeared first on 99Bitcoins.
Grayscale's ETF withdrawal highlights a strategic focus shift, potentially impacting investor confidence in altcoin market diversification.
The post Grayscale withdraws ETF registration applications for ADA, HBAR, and DOT appeared first on Crypto Briefing.
China's ban on yuan stablecoins reinforces state control over digital currency, limiting private sector innovation and centralizing financial power.
The post Beijing rules out launch of yuan stablecoin, doubles down on state-controlled digital currency appeared first on Crypto Briefing.
Bitcoin’s BIP-110 branch remains frozen after two blocks, falling 111 blocks behind as miner signaling drops to zero in the new period.
XRP Ledger v3.3.0 retires five long active amendments, including Clawback, removing legacy code while leaving user facing features intact.
Binance Coin (BNB) has experienced a price correction after hitting a new all-time high (ATH) earlier this month. As…
The post RCO Finance’s (RCOF) Token To See 10,000% Crypto Bull Run Due to Binance Potential Listing appeared first on Coinlabz.
The post How to Buy Jewelry With Crypto appeared first on Coinlabz.
ChainCatcher 消息,据经济日报报道,市场传闻台积电拟收购友达中科L7厂(7.5代线)与L5C厂(5代线)两座厂房,交易金额预估超过300亿元新台币(约合9.2亿美元),双方正参照“群创模式”洽谈,台积电已派员实地稽核但尚未签约公告。友达中科厂区与台积电中科15厂相邻,具备地利之便。 报道称,台积电计划将CoPoS技术作为CoWoS之后下一代2.5D先进封装主力,通过“化圆为方”导入面板级玻璃基板封装,以解决超大型AI芯片在12吋晶圆上的面积浪费及翘曲问题。台积电首条CoPoS产线已于嘉义AP7厂完工启动。业内人士认为,面板厂商具备大型基板搬运与产线管理经验,是先进封装走向量产的“中间层能力”提供者。
TAO breaks above $202.5 as whale accumulation and rising market activity strengthen its bullish outlook.
The post บาคาร่าออนไลน์ เว็บตรง อันดับ 1 เล่นบาคาร่าสด ปลอดภัย จ่ายจริง appeared first on https://dumbbell-exercises.com/.
The post บาคาร่าทุนน้อย เล่นยังไงให้ได้กำไร รวมเทคนิคทำเงินที่มือใหม่ต้องรู้ appeared first on https://dumbbell-exercises.com/.

Glamsterdam is a planned Ethereum network upgrade (hard fork) that bundles together several Ethereum Improvement Proposals (EIPs). Rather than introducing a single revolutionary feature, it focuses on incremental improvements that optimize network performance, transaction efficiency, and validator operations.
Ethereum’s development philosophy emphasizes continuous improvements instead of one-time overhauls. Glamsterdam follows this approach by refining existing systems while preparing the network for future innovations.
Ethereum processes millions of transactions and supports thousands of decentralized applications (dApps). As adoption grows, the network must continuously improve to address challenges such as:
Each network upgrade builds on previous improvements to keep Ethereum competitive while maintaining decentralization.
One of Glamsterdam’s primary objectives is optimizing how Ethereum processes transactions and executes smart contracts. Even modest efficiency gains can reduce network load and improve user experience during periods of high activity.
Ethereum’s long-term scaling strategy relies heavily on Layer-2 solutions such as Optimism, Arbitrum, Base, and zk-rollups. Glamsterdam is expected to further support this ecosystem by making Layer-2 integrations more efficient and cost-effective.
Protocol optimizations may reduce unnecessary computation and improve resource utilization, helping validators and developers operate more efficiently.
Ethereum developers benefit from protocol improvements that simplify smart contract development, increase reliability, and reduce unexpected execution costs.
For everyday ETH holders, the Glamsterdam upgrade is expected to be seamless.
Users generally will not need to:
Wallet providers, exchanges, and infrastructure services typically handle the technical changes automatically.
Validators help secure Ethereum through Proof of Stake. Glamsterdam may introduce protocol refinements that improve validator performance and optimize how the network processes blocks and transactions.
These improvements strengthen network stability without changing Ethereum’s fundamental consensus mechanism.
Developers building decentralized applications may benefit from:
As Ethereum continues growing, these improvements make it easier to build scalable applications.
Ethereum’s scaling roadmap increasingly depends on Layer-2 networks.
Rather than processing every transaction directly on Ethereum’s main chain, Layer-2 solutions handle most activity off-chain while settling their final state on Ethereum.
Glamsterdam supports this vision by improving the underlying protocol, making Ethereum a stronger settlement layer for the expanding Layer-2 ecosystem.
Network upgrades often generate excitement within the crypto community, but protocol improvements do not automatically translate into immediate price appreciation.
The long-term impact depends on factors such as:
Historically, successful upgrades have strengthened Ethereum’s fundamentals, although short-term market reactions have varied.
Every Ethereum upgrade undergoes extensive testing before deployment. Developers use public testnets, multiple independent client implementations, and security audits to minimize risks before activation on the mainnet.
This cautious development process has become one of Ethereum’s defining strengths.
The Glamsterdam upgrade reflects Ethereum’s philosophy of continuous improvement. Instead of relying on dramatic changes, Ethereum advances through carefully tested upgrades that steadily improve scalability, efficiency, and security.
As decentralized finance, tokenization, gaming, artificial intelligence, and real-world assets continue expanding on Ethereum, upgrades like Glamsterdam help ensure the network can support the next generation of blockchain applications.
The Glamsterdam upgrade is another important milestone in Ethereum’s long-term roadmap. While users may not notice dramatic changes immediately, the upgrade is expected to strengthen the network’s infrastructure, improve efficiency, support Layer-2 growth, and enhance the developer experience.
Ethereum’s evolution is a marathon rather than a sprint. Each upgrade brings the ecosystem closer to its goal of becoming the world’s most secure, decentralized, and scalable smart contract platform, laying the foundation for broader adoption in the years ahead.

Bitcoin has spent the last few days consolidating after recovering from recent lows, with price action centered around the $62,000–$64,000 range. While volatility remains relatively contained, traders are closely watching whether Bitcoin can build enough momentum to extend its recovery toward the next resistance levels. (The Economic Times)
One of the most encouraging developments has been Bitcoin’s ability to defend important technical support. After several successful retests of the support zone, buyers have repeatedly stepped in, preventing a deeper decline. This suggests that demand is gradually returning, although a decisive breakout above nearby resistance is still required to confirm a stronger bullish trend.
Institutional activity has also attracted attention over the past few days. Strategy (formerly MicroStrategy) continued strengthening its balance sheet by increasing its cash reserves to approximately $4 billion, while maintaining one of the world’s largest corporate Bitcoin holdings with more than 842,000 BTC. The company has focused on improving liquidity rather than making additional Bitcoin purchases, reflecting a more defensive capital management strategy during the current market environment. (The Wall Street Journal)
The broader macro backdrop remains mixed. Falling oil prices have eased inflation concerns and provided some support for risk assets. However, higher Treasury yields and cautious institutional positioning continue to limit Bitcoin’s upside momentum. As a result, the cryptocurrency has struggled to sustain rallies despite improving sentiment across traditional financial markets. (The Economic Times)
Market participants are also closely monitoring capital flows into spot Bitcoin ETFs. Although inflows have improved compared with the heavy selling seen earlier this summer, overall demand remains inconsistent. Analysts believe a sustained return of institutional inflows would significantly strengthen Bitcoin’s recovery prospects. (SatsIntel)
Looking ahead, the coming trading sessions could prove decisive. If Bitcoin continues holding above its recent support while breaking through nearby resistance, bullish momentum may accelerate. On the other hand, failure to attract stronger buying volume could keep the market locked in a consolidation phase before the next major move.
Overall, Bitcoin’s short-term structure has improved compared with previous weeks, but confirmation of a new uptrend will likely require stronger institutional demand, higher trading volume, and a successful breakout above key resistance levels.
The new report maps the illicit and legitimate uses of crypto privacy tools, drawing on data from TRM Labs, Chainalysis, the RAND Corporation, the United Nations Office on Drugs and Crime (UNODC), Statista, and U.S. Treasury Department disclosures. It argues that the current regulatory focus is aimed at the wrong layer of the transaction stack.
In early 2026, Polygon Labs announced $250 million in acquisitions of Coinme and Sequence to expand its stablecoin payments infrastructure. Coinme provides licensed US fiat on- and off-ramps with a nationwide retail footprint, while Sequence adds enterprise wallet infrastructure and one-click cross-chain transaction capabilities. Together, these additions strengthen Polygon’s position in regulated, production-grade stablecoin payments.
Caroline Crenshaw’s departure from the SEC on January 2 marks a turning point for crypto regulation in Washington. The longtime cryptocurrency skeptic’s exit leaves the commission operating under a 3-0 Republican majority—a historic shift that clears the way for Paul Atkins’ pro-innovation agenda to move forward without meaningful internal opposition.
Crenshaw spent over a decade at SEC agency, consistently raising concerns about cryptocurrencies, digital assets and investor protection.
Her exit coincides with the broader regulatory reorganization under the Trump administration, which has explicitly positioned itself to make the U.S. the “crypto capital of the world.”
The commission now operates with fewer members than authorized, as Trump hasn’t yet filled the vacant seats—a strategic pause that effectively gives the Republican-majority commissioners free rein on policy.
The timing couldn’t be sharper. SEC Chair Paul Atkins has already signaled plans to introduce an “innovation exemption” that would let crypto startups test new products under lighter regulatory requirements, provided they meet basic consumer protections. [3][7] That proposal was expected within 30 days of December 2, meaning it could arrive any moment. With Crenshaw gone, there’s no institutional voice pushing back on the exemption’s scope or implementation details.
The broader regulatory picture is also shifting. The Senate is scheduled to hold hearings in January on the CLARITY Act—landmark legislation designed to end years of turf warfare between the SEC and CFTC by clearly dividing jurisdiction over different crypto products. [3][7] White House crypto adviser David Sacks said in December the bill is “closer to passage than at any point in the past.” [3] These aren’t minor procedural tweaks. They represent a fundamental reordering of how Washington approaches digital assets.
The real action starts immediately. Watch for the innovation exemption announcement—it could drop with minimal fanfare. Then track the Senate hearings on CLARITY in January. If that bill moves to a floor vote and passes, the crypto industry will have concrete answers about regulatory jurisdiction for the first time in years. Markets have been pricing in regulatory clarity for months. Crenshaw’s departure removes one of the last obstacles to delivering on it.
The post SEC’s Pro-Crypto Shift Accelerates as Key Skeptic Crenshaw Exits appeared first on The Coins Post.
PEPE just ripped 26% higher on January 2, hitting $0.000005106 as trading volume exploded past $800 million.
That’s no thin pump—retail’s back, Robinhood holders sitting on 8.3% of supply, and a Hyperliquid whale named James Wynn dropped a bombshell prediction: $69 billion market cap by end-2026. If you’re trading memes, this is your wake-up call. Why now? New year FOMO meets bold calls in a market where BTC chills at $88k.

PEPE’s ERC-20 on Ethereum. No fancy DeFi twist here—just pure meme liquidity. Volume spiked 370-400% in 24 hours, open interest jumped 82% to $446.5 million on derivatives. RSI hit 67, screaming bullish momentum after breaking $0.0000042 resistance.
Whales aren’t dumping. That official “We ride at dawn” tweet lit socials on fire—crypto Twitter’s buzzing. Supply’s fixed at 420.69 trillion tokens. If Wynn’s right, that’s $0.000164 per PEPE. Math checks out. But Ethereum gas? Still a killer for small trades.
Total crypto cap up 1.07% to $2.99T. BTC +1.21% at $88,765, dominance slipping to 59.22%—alts eating its lunch. PEPE led top gainers, outpacing Story (+25%) and Mog. Volumes hit $164B market-wide. No massive liqs reported, but meme sector OI surging means leveraged degens are in.
BTC’s post-halving year ended red for first time ever—down 6% in 2025 despite $126k ATH. ETFs pulled $348M, but macro liquidity rules now. PEPE doesn’t care—it’s riding retail hype while big boys consolidate.
James Wynn, that Hyperliquid ser, straight-up said PEPE hits top meme status like SHIB did last cycle—if bull market holds. “We ride at dawn” from @pepe went viral. Community’s pumping: “PEPE to the moon” threads everywhere. No official team—it’s anon dev vibes.
Exchanges? Volumes exploding on Binance, MEXC. No rugs spotted. Traders on X calling for $0.000026 ATH retest. Sarcasm alert: Great timing for memes while BTC whales accumulate quietly. Holders care about flips, not halving myths.
But is this sustainable? Meme pumps fade fast.
Don’t get rekt. PEPE’s been rugged before—no premine, but watch whale wallets. Use hardware for big bags; software wallets fine for sub-$1k. Check Etherscan for suspicious transfers. Avoid leverage over 5x—OI spike means liqs incoming on pullbacks.
Actionable: Set stops below $0.0000042. DCA if you believe Wynn. DYOR on Hyperliquid perps for leverage without CEX KYC. Phishing’s rampant post-pumps—double-check links. If you’re aping memes, keep it under 5% portfolio. Skin in the game matters, but don’t YOLO rent money.
$0.000005 close today flips structure fully bullish. Watch BTC dominance drop—alts feast. Wynn’s $69B? Ballsy. If ETH L2s cut fees, PEPE volumes could 10x. Macro: Fed liquidity print January 2nd might juice risk assets.
Pullback to $0.0000045? Buy dip. Break $0.000006? Targets $0.00001 easy. Meme season back? You tell me. Trade smart—2026’s rewriting rules.
The post PEPE Explodes 26% in 24 Hours—James Wynn Calls $69B Market Cap by Year-End, Meme Degens Pile In appeared first on The Coins Post.
The market is certainly far from being ready for a proper retrace, even though some assets show a bullish dynamic.
Robin Brooks has renewed his criticism of Bitcoin’s safe-haven credentials, arguing that its underperformance against precious metals during the so-called “debasement trade” shows it has failed to establish itself as a digital equivalent of gold.

A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.

Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won’t say who is backing it.
Japanese Foreign Minister Toshimitsu Motegi has told parliament that Tokyo has repeatedly raised with Washington the US government’s use of Japanese game and anime characters in official social media posts, without ever conceding that any law has been broken.
Motegi set out the position in the House of Representatives Committee on Foreign Affairs on 15 July. A copyrighted work should be used with the rights holder’s permission, he said, and he considers that to apply equally when a public institution uses one.
Even where the use cannot be called clear infringement, he added, a work used in a way that differs from the holder’s intent can have its image damaged and cause harm to the holder. In the posts in question, he said Japan had conveyed its thinking to the United States through diplomatic channels on previous occasions as well.
Read more: Ethereum Researchers Propose Reward Burn to Curb Excessive Staking
The complaint reached the committee on 17 April, when Ishikawa member Kazuya Kondo tabled a White House video published on X on 12 March. Its opening frame carried Operation Epic Fury, the name of the US operation against Iran, over music from Wii Sports, a paid Nintendo product.
Kondo said the post had passed 100 million views. He also described a 28 March clip imitating Animal Crossing, and a Department of Homeland Security video from September that set Pokémon imagery over immigration enforcement footage.
Motegi answered then that reproducing a copyrighted work without the holder’s consent is not appropriate, even for a public institution, while declining to comment on the individual case.
Minister of State for Intellectual Property Strategy Kimi Onoda, whose portfolio also covers the government’s Cool Japan content-export programme, told a press conference on 12 June that obtaining permission from rights holders remains the basic principle.
Read more: Caleb & Brown Targets UK Wealth Market with High-Touch Crypto Brokerage Expansion
The post Japan Presses Trump to Stop Using Nintendo, Pokémon, and Naruto Characters in Official Memes appeared first on Crypto News Australia.
Real-world asset perpetuals accounted for 32.2% of matched trading volume on Hyperliquid in the second quarter, worth US$213 billion (AU$302.46 billion), the third straight quarter the category has roughly doubled its share of the exchange.
According to a report, the share climbed from 1.8% of matched volume to 20.7% and then to 32.2% across three quarters, which the report describes as nearly a third of everything the exchange traded.
The report opens by saying the first quarter proved the venue could house all of finance, and the second quarter showed the rest of finance beginning to catch up. Analysts have previously called Hyperliquid a “crypto super-app rewriting global finance”.
The contracts are perpetual futures priced on shares, commodities and pre-IPO names, deployed by independent teams under the HIP-3 framework CNA covered at launch, which lets a builder stake 500,000 HYPE and run its own perpetual market on the exchange.
Read more: Ethereum Researchers Propose Reward Burn to Curb Excessive Staking
Trading in those contracts generated 6.6% of Hyperliquid’s quarterly revenue, which the report puts at US$169 million (AU$240.5 million), with US$141 million (AU$200.6 million) returned to holders through buybacks. Cumulative protocol revenue has passed US$1 billion (AU$1.42 billion).
RWAs became the exchange’s largest category for the first time in the week of 13 July, taking 52% of weekly volume, after the quarter the report covers.
Revenue troughed in April and recovered to its strongest month since November.
Three HYPE exchange-traded funds began trading during the quarter, after four asset managers filed for them in the first quarter, and the protocol’s Assistance Fund and listed treasury companies now hold 7.7% of HYPE supply between them, with Hyperliquid Strategies holding 29.3 million tokens.
That record volume runs through a single deployer, and the US$5.6 billion (AU$7.95 billion) stablecoin float behind those markets has standardised on one issuer, which the report calls the concentration that comes with winning. It names neither party.
Trading hours are part of the appeal. A private rocket company was priced on the exchange on a Saturday with the New York Stock Exchange closed, a record trading surge, and by July a Chinese chipmaker traded on-chain above where its Shanghai listing had settled.
Read more: Caleb & Brown Targets UK Wealth Market with High-Touch Crypto Brokerage Expansion
The post Tokenised RWAs Now Drive One-Third of Hyperliquid Trading appeared first on Crypto News Australia.
AI-enabled fraud is overwhelming organizations' defenses, with 76% of U.K. financial services leaders saying attacks outpace their response capabilities.
The post AI-enabled fraud outpacing response, UK finance leaders say appeared first on CoinGeek.
Block reward miners faced mounting pressure in the second quarter as weak BTC prices squeezed profitability and AI expansion drove up infrastructure costs.
The post Block reward mining Q2: Losses rising faster than revenue appeared first on CoinGeek.
TAO breaks above $202.5 as whale accumulation and rising market activity strengthen its bullish outlook.
PYTH traders are riding high, but bears are waiting in the shadows.
The breakaway chain drew just 2.53% of mining support, leaving its blocks hours apart and roughly 350 days from a difficulty adjustment while the main network powered ahead.
A volunteer security effort says it has scanned 150 Bitcoin repositories, disclosed more than a dozen vulnerabilities, and is building an open-source AI platform to automate software security reviews.
Canary Capital’s Canary XRP ETF (XRPC) ended the first half of 2026 with $81.6 million less in net assets even after capital-share transactions added a net $82.4 million, showing how falling asset values can overwhelm growth in an exchange-traded fund.
The fund’s unaudited Form 10-Q, filed Aug. 7, showed net assets declining from $322.8 million at Dec. 31, 2025, to $241.2 million at June 30, 2026.
The accounting bridge is direct: capital-share transactions increased net assets by $82.36 million, but the accounting decrease from operations, primarily unrealized XRP depreciation, reduced them by $164.00 million. The difference was the $81.65 million decline in net assets over the six-month period.

XRPC attributed $88.26 million to shares sold and $5.90 million to shares redeemed. Because authorized participants place XRPC’s creation and redemption orders and can settle them in cash or in kind, the $82.36 million is not equivalent to cash inflow and does not directly measure retail-investor buying. The filing does not disclose the period’s cash-versus-in-kind split.
Unrealized depreciation accounted for $159.70 million of the $164.00 million decrease from operations. The balance comprised $3.59 million of realized losses and a $716,898 net investment loss. All are unaudited figures for the full six months, not the second quarter alone.
The fund’s redemptions therefore did not exceed its new share activity. Net capital-share activity remained positive, but the accounting decrease from operations was nearly twice as large as the value added through capital transactions. Unrealized XRP depreciation, rather than fees or realized losses, dominated that decrease.
The contrast is clearest in XRPC’s holdings. The trust held 231.3 million XRP at June 30, up 55.7 million XRP, or 31.7%, from 175.6 million at the end of 2025. The quantity of XRP rose while unrealized depreciation reduced the dollar value recognized in the portfolio.
The fund also sold 3.93 million XRP to fund share redemptions during the first half, recording a $3.26 million realized loss on those sales. That was a loss recognized by the fund, not a measure of losses realized by individual XRPC shareholders.
XRPC’s filing captures two simultaneous movements: net capital-share activity and XRP units both increased, while depreciation cut the value of the larger token pool. The result was a fund with more XRP but $81.6 million less in net assets at midyear.
The post Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in appeared first on CryptoSlate.
Three Grayscale ETF registrations for planned altcoin products were withdrawn in filings accepted just 190 seconds apart on Aug. 7.
The sequence began with the Grayscale Cardano Trust ETF at 4:33:37 p.m. ET, followed by the Grayscale Hedera Trust ETF at 4:34:55 p.m. and the Grayscale Polkadot Trust ETF at 4:36:47 p.m., according to EDGAR filing records.

The Cardano, Hedera and Polkadot Form RWs give the same operative explanation: Grayscale does not intend to proceed with the proposed distribution of shares. The requests also state that the registration statements had not been declared effective, that no securities had been or would be issued or sold under them, and that no preliminary prospectus had been distributed.
The documents are requests to withdraw the three S-1 registration statements under Rule 477, not SEC orders rejecting the proposed ETFs. They provide no separate commercial or regulatory reason for ending the registrations.
The related product-specific exchange rule proposals were already inactive. SEC records show NYSE Arca withdrew the Cardano proposal on Sept. 29, 2025, while Nasdaq's records list the Polkadot and Hedera proposals as withdrawn on Nov. 3, 2025.
Those proposals covered whether an exchange could list and trade the products, while the three Grayscale ETF registrations covered the proposed public offering of their shares. The Aug. 7 withdrawals were therefore a separate step that removes the current registration statements.
The SEC had approved generic exchange listing standards for qualifying commodity-based trust shares in September 2025. Eligible spot digital-asset products can use those standards without a product-specific Section 19(b) proposal, but the change did not make a registration statement effective or eliminate Securities Act requirements.
Other proposed Grayscale altcoin registrations remain at an earlier stage.
As of an Aug. 8 review of EDGAR records, registration statements for proposed Bittensor, Aave and BNB exchange-traded products remained preliminary and had not become effective.
Cited registration statements for proposed NEAR and Zcash products also remained preliminary. That status does not establish exchange approval or launch readiness.
Two Grayscale altcoin staking products had reached a later registration milestone. The SEC declared the registration statements for the Grayscale Avalanche Staking ETF and Grayscale Hyperliquid Staking ETF effective on March 11 and June 2, respectively. The effectiveness notices alone do not establish when either product began trading.
The withdrawals reduce the number of Grayscale ETF registrations while leaving other filings at different stages. Because the requests state no motive beyond the decision not to proceed, they do not show whether demand, regulation or another consideration drove the withdrawals.
The post In just 190 seconds, Grayscale quietly pulled the plug on three major altcoin ETFs appeared first on CryptoSlate.
HTTP error 410 on https://magazine.cointelegraph.com/feed
Failed to fetch feed.
Bitcoin Magazine

Trump Media Pulls Back From Crypto Deals: Report
The President Donald Trump-backed media company, Trump Media and Technology Group, is pulling back from two of its crypto deals, according to a report by Axios.
The publication reported Friday that the two deals with Crypto.com — a prediction market and treasury — would not go ahead.
Citing comments from fusion energy company TAE’s interim CEO, Kevin McGurn, the publication said that Trump Media had pulled the deals as the market for digital asset treasury companies had become saturated over the past year.
Trump Media last year said it was working with crypto exchange Crypto.com to build a Cronos treasury with $6.4 billion in backing. Cronos is the native coin of Crypto.com’s platform.
It later in 2025 said it was working with Crypto.com on Truth Predict, a betting platform to allow users to put money on sports games, elections and other events.
Digital asset treasuries exploded in popularity last year, with companies following in the footsteps of Nasdaq-listed software company Strategy to build balance sheets with Bitcoin and other cryptocurrencies.
But a slump in prices since October has hurt the stock of a number of companies who adopted the business idea.
McGurn was quoted saying that the decision to scale back was driven more by “competitive dynamics” rather than regulatory concerns surrounding a crypto company backed by the president.
President Trump campaigned on a ticket to help the crypto space and received backing from major players in the space.
The president since taking office has launched a meme coin and he and his family backed a crypto project, World Liberty Financial.
Axios added that the exchange-traded funds debuted last year by Trump Media, special purpose acquisition company Yorkville Acquisition Corp., and Crypto.com would continue.
This post Trump Media Pulls Back From Crypto Deals: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays
The Clarity Act may be delayed — for now — but pro-crypto senators remain committed to the fight.
And not just Republicans: Democratic Senator Angela Alsobrooks accompanied conservative “Bitcoin Senator” Cynthia Lummis in assuring voters that work was being done on the bill.
Lawmakers were hoping a crucial vote on the long-awaited crypto market structure bill was to go ahead before a five-week recess but news dropped Friday that it was too little, too late. Now, the Senate will vote on the bill in September.
“We’ve worked for over a year on a bipartisan basis to protect consumers, limit deposit flight, fight illicit finance, and include a fair deal on ethics,” Alsobrooks said in a statement.
Lummis, who had previously blasted Democrats for holding back the bill, added: “There will be a time where I can say more, but for now, let me say this, we’ve come too far to quit. I will continue working with my colleagues to get this done — this fight is far from over.”
Passed last year in the House of Representatives, the Clarity Act started small but its text has grown over the months.
This is partly because of banking lobby chiefs locking horns with crypto exchanges over concerns they pay customers too much yield with their stablecoin products. But Democrats also have wanted more work on the ethics side of the bill.
A bill banning government officials from promoting and making money was circulating among lawmakers in July though some lawmakers said it still fell short.
Lummis last week said she was genuinely “struggling to understand” what else Democrats wanted for the bill. Some suggested they may have been playing politics ahead of the midterms.
A number of Democrats have criticized the way the Trump family has profited from digital asset ventures, such as the President’s memecoin, $TRUMP, and World Liberty Financial project.
Trump and the White House have always denied any conflicts of interest, and the President has also highlighted that Democrats have cashed in trading stocks.
This post Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Michael Saylor has revealed why Strategy sold Bitcoin despite his long-standing “never sell” mantra. He revealed that the move was designed to challenge fears that Strategy could not liquidate BTC without crashing the market.
Saylor says Strategy’s treasury remains flexible enough to support dividends without constant equity issuance. This is even after selling 32 BTC near $59,000-$60,000.
Strategy founder Michael Saylor says the company’s decision to sell Bitcoin was less about reducing its exposure and more about proving a point to the market.
In an August 6 interview with The Diary Of A CEO, Saylor explained that investors had developed a perception that Strategy could not sell Bitcoin without triggering a sharp decline in BTC’s price.
That belief created what Saylor described as a potential “doom loop.”
Under that scenario, Strategy would be forced to continually issue equity to fund dividend obligations because selling Bitcoin could supposedly pressure the asset’s price, weaken the company’s stock, and create further financing challenges.
Strategy challenged that assumption by selling Bitcoin when BTC traded around $59,000 to $60,000.
The company sold 32 BTC for approximately $2.5 million, representing only a small portion of its massive Bitcoin treasury. Rather than triggering a market collapse, Bitcoin subsequently moved higher.
https://x.com/WuBlockchain/status/2086392043480420467?s=20
For Saylor, the transaction demonstrated that Strategy can treat Bitcoin as a liquid treasury asset without automatically destabilizing the broader cryptocurrency market.
He also pushed back against criticism surrounding his famous “never sell your Bitcoin” philosophy. According to Saylor, that message was primarily directed toward individual Bitcoin holders, while Strategy operates as a corporate entity with different capital-management requirements.
The sale also served as a response to skeptics and short sellers who argued that Strategy had effectively locked itself into a position where monetizing its Bitcoin could become financially damaging.
Saylor said the company wanted to “inoculate” the market against that assumption by demonstrating that relatively small Bitcoin sales can occur without causing a cascading sell-off.
Bitcoin is currently trading around $65,106, up approximately 0.1% over 24 hours, after moving between a daily low near $64,695 and a high around $65,234.
BTC initially declined from above $65,000 toward the $64,700 area, where buyers appeared to establish support. The cryptocurrency subsequently recovered through $64,900 before accelerating higher toward $65,200.
Source: CoinGecko
However, repeated attempts to sustain gains above $65,200 were rejected. A late-session pullback was followed by a rebound toward $65,100, indicating that buyers continue to defend the psychological $65,000 level.
The immediate resistance sits around $65,200-$65,300. A decisive breakout above this zone could strengthen the bullish setup and open the door to additional gains.
Conversely, a sustained move below $65,000 could expose Bitcoin to another test of $64,800, while a deeper decline toward the session low near $64,700 would weaken the current structure.
Saylor said Strategy’s estimated breakeven point is around 3.2%. In practical terms, if Bitcoin appreciates by roughly that amount, the company could sell a portion of its holdings to meet dividend obligations without continuously issuing additional stock.
That provides Strategy with another potential source of liquidity while allowing it to retain the majority of its Bitcoin exposure.
The market reaction to the sale is therefore important beyond the relatively small transaction itself. If corporate Bitcoin holders can periodically monetize their reserves without causing severe price dislocations, it could challenge the assumption that large institutional BTC treasuries are effectively trapped.
The post Michael Saylor Explains How Strategy’s Bitcoin Sale Was a Market Test appeared first on Blockonomi.
MARA Holdings has pledged BTC to secure $600 million in fresh financing from Coinbase Credit and Two Prime Lending.
The Bitcoin miner plans to deploy the capital toward energy acquisitions, Bitcoin mining, AI, and high-performance computing infrastructure.
MARA Holdings has secured $600 million in new financing after pledging 18,750 BTC as collateral. The company completed two loans with Coinbase Credit and Two Prime Lending on August 4.
The pledged Bitcoin was valued at roughly $1.2 billion when MARA closed the transactions. The amount represents nearly 53% of the 35,577 BTC the company held at the end of June.
The two facilities carry $750 million in combined principal. However, MARA will receive only $600 million in new funding because the $450 million Coinbase facility includes a $150 million refinancing of an existing credit line.
Coinbase supplied $300 million in additional capital, while Two Prime provided another $300 million. Both facilities are fully drawn.
The Coinbase loan currently carries an interest rate of about 7.5%. Two Prime charges a fixed 7.65% rate. If MARA keeps the entire $750 million outstanding, the loans would generate approximately $56.7 million in annual interest costs.
MARA plans to use the proceeds for general corporate purposes, including energy acquisitions, Bitcoin mining, artificial intelligence, and high-performance computing infrastructure.
The company also plans to use part of the funds for its acquisition of Long Ridge Energy & Power in Ohio. The deal carries an enterprise value of about $1.5 billion, including assumed debt.
Long Ridge operates a gas-fired power plant with an expected capacity of 505 megawatts and owns more than 1,600 acres of industrial land. MARA plans to develop the site for power generation, Bitcoin mining, and a potential AI and high-performance computing campus.
However, the Bitcoin-backed financing creates additional downside risk. MARA must maintain required collateral levels, and lenders can demand more Bitcoin if its value falls.
If MARA fails to meet a margin call, lenders could liquidate the pledged BTC. The company has not disclosed the specific Bitcoin price levels that would trigger those calls.
MARA had already sold 23,093 BTC for about $1.6 billion during the first half of 2026. The latest financing therefore gives the miner additional liquidity without requiring another immediate Bitcoin sale, but it also increases its exposure to BTC price volatility.
The financing structure, collateral figures, expansion plans, and liquidation risks above come directly from the supplied source.
The post MARA Pledges 18,750 BTC for $600M Loan to Fund Energy and AI Expansion appeared first on Blockonomi.
SpaceX stock falls below its IPO price despite 92% revenue growth as Thursday’s lock-up expiry threatens to add insider supply.
For over 350 years (roughly since 1661 when the first banknotes appeared in Europe), the relationship between gold and paper money has shaped global finance.