Crypto

IBIT and ETHA moved from a $13.91 billion Q2 increase to a $3.53 billion decrease, while three positive August sessions remain inconclusive. The post BlackRock’s crypto ETFs shed $3.5 billion as last year’s creation boom turns into redemptions appeared first on CryptoSlate.

Crypto exchange Bitget has signed an agreement with Gelephu Mindfulness City Authority to pursue a regulated local presence. Bitget has signed an agreement with Bhutan’s Gelephu Mindfulness City Authority to explore establishing a licensed local operation, as the crypto exchange seeks a foothold in the country’s developing digital asset sector. The agreement could pave the way for Bitget to establish a legal presence and prepare its application for a relevant financial services license in GMC, a $100 billion autonomous economic zone backed in part by Bhutan’s national Bitcoin reserves that aims to create high-value roles in finance, tech and wellness. “GMC is the emerging hotbed for digital finance, and Bitget looks forward to contributing exchange experience, infrastructure knowledge and local talent development as this ecosystem grows,” said Gracy Chen, CEO at Bitget. Read more

Senate Majority Leader John Thune confirmed that the chamber was “punting” the vote until September. Senate Republican leaders are expected to leave for their August recess without voting on crypto market structure legislation, delaying consideration of the bill until at least September, according to a report from Politico.  Senate Majority Leader John Thune confirmed that the chamber would not vote on the legislation before the recess, citing Democratic opposition and saying it would be prioritized when senators return next month.  “The Dems are insistent on no Clarity vote,” Thune said, according to comments his office provided to Cointelegraph. “I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up first thing when we come back.” Read more

The waiver required a $1.3 million payment, increased the remaining note and left $5.437 million under lender control. The post AVAX One holds $88 million in Avalanche tokens, but its lender only wants cash or Bitcoin appeared first on CryptoSlate.

Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin. Bitcoin miner MARA swung to a net loss of $611.3 million from a year-earlier profit in the second quarter of 2026, driven primarily by a change in the value of its Bitcoin holdings, despite reporting its highest quarterly Bitcoin production in more than a year.  The net loss, equivalent to $1.60 per diluted share, is down compared to a net income of $808.2 million, or $1.84 per diluted share, in the second quarter of 2025, according to the company’s 10-Q SEC filing. MARA mined 2,422 Bitcoin in the quarter, 3% more than the prior year period, but higher production was more than offset by a 28% decline in the average Bitcoin price.  “Two things defined Q2 for MARA. Bitcoin prices created a challenging revenue environment [and] we used the quarter to fundamentally transform our power portfolio and capital structure,” said MARA chief financial officer Salman Kha...

The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.

The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms. The post Inside the $18 million Bitcoin gamble with zero margin calls until September appeared first on CryptoSlate.

Both records are marked threshold-met, but Aug. 22 ends only discussion before later voting and any implementation. The post Solana whales just triggered a countdown that could skyrocket SOL’s daily burn rate by over 1,200% appeared first on CryptoSlate.

Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Wintermute’s US arm has registered as a broker-dealer, enabling the crypto trading firm to expand into traditional financial services in the US.  On Thursday, Wintermute announced its affiliate Wintermute USA LLC has registered with the US Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA). The registration allows Wintermute USA to trade stocks and stock options and act as an authorized participant for exchange-traded products “including those tied to digital assets.” Wintermute said the registration allows the firm to position itself for the emerging tokenized securities landscape.  Read more

Lower fees and trading dynamics narrowed implied margin by about 102 basis points, with no disclosed Bitcoin-specific activity payoff. The post Block’s total profits jumped 25%, masking a 31% profit drop inside its $1.8 billion Bitcoin arm appeared first on CryptoSlate.

Whether XRP reaches $5 depends on one distinction. ChatGPT AI predicts institutions will start treating it as financial infrastructure rather than a speculative token, and that shift underpins a price prediction of $5 to $8 by the end of 2026 from $1.06.Regulatory clarity opens the list of catalysts. Growing institutional adoption follows, with spot XRP […] The post ChatGPT AI Predicts XRP Could Be Quietly Setting Up a Big Move appeared first on Cryptonews.

The Nasdaq-listed Bitcoin holder grew from about 2.86 million to 147.3 million shares while its latest reported treasury remained approximately 5,833 BTC. The post How a Nasdaq Bitcoin holder diluted investors by 98% without selling a single coin appeared first on CryptoSlate.

Three Delaware court filings reveal a battle for control of Ondo Finance after founder Nathan Allman's death.

LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal.

The financial regulator subscribed to a global flight database covering more than a billion tickets to monitor activity.

Six separate forces must align for Bitcoin to double from here. Google Gemini AI predicts they will, and its price prediction calls for $120,000 to $150,000 before 2026 closes.Accelerating global M2 money supply growth tops that list. Central bank interest rate cut cycles follow close behind.Then comes the delayed supply squeeze from the post-halving issuance […] The post Google Gemini AI Predicts Most Likely Bitcoin Price by End of 2026 appeared first on Cryptonews.

The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary elections. Two groups affiliated with the cryptocurrency company-backed political action committee (PAC) Fairshake disclosed spending more than $1.5 million on media to support House of Representatives and Senate candidates in Florida, Alaska and Wyoming after suffering a primary loss in Michigan on Tuesday.  According to Federal Election Commission (FEC) filings as of Thursday, Fairshake PAC affiliates Defend American Jobs and Protect Progress spent a combined $1.5 million on ads for Republican and Democratic candidates, many of whom voted in favor of the Digital Asset Market Clarity (CLARITY) Act while serving in Congress.  In Alaska’s at-large congressional district, scheduled to hold a primary on Aug. 18, Defend American Jobs spent more than $500,000 on media supporting the re-election of Representative Nick Begich. The Super PAC spent about the same...

All 133 MW is live, but the revenue figure is Q3 guidance and does not yet offset the Q2 loss. The post Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment appeared first on CryptoSlate.

Tokyo has asked Washington to stop meme-posting Mario, Pokémon, and Naruto without permission in a clash between meme-heavy statecraft and strict IP norms.

The company says a configuration error by an outside testing partner gave one of its Muse Spark models internet access during a cybersecurity evaluation.