Crypto

Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.

U.S. stock index futures slipped and Japanese bond yields rose as risk aversion crept into markets.

Analysts argued investors are scaling back risk ahead of Powell's Jackson Hole speech amid uncertainty over Fed policy.

Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act. Two of the crypto industry’s leading advocacy bodies are pushing back against Wall Street bankers’ latest attempt to roll back the United States’ newly minted stablecoin law. In a joint letter to the Senate Banking Committee on Tuesday, the Crypto Council for Innovation (CCI) and the Blockchain Association urged lawmakers to reject recommendations from the American Bankers Association (ABA) and state banking groups. As reported, several US banking groups, led by the Bank Policy Institute (BPI), have urged Congress to tighten the GENIUS Act by closing what they call a loophole that could allow stablecoin issuers and their affiliates to pay yields indirectly. Read more

The SkyBridge Capital boss predicts major institutional investment will continue, with the likes of JPMorgan mainly backing Bitcoin ETFs.

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi scheme that defrauded tens of thousands of investors. The US Commodity Futures Trading Commission (CFTC) secured a summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni holding them jointly liable for more than $228 million in restitution and an additional $15 million in disgorgement, according to a Tuesday court filing. “Defendants Alexandre and EminiFX are jointly and severally liable to pay restitution in the total amount of $228,576,962,” the court ruled. “Defendant Alexandre is liable to pay disgorgement in the amount of $15,049,500.” Read more

Pump.fun regained its market dominance in the Solana memecoin launchpad space, gaining over 73% in market share in the last seven days. Solana-based memecoin launchpad Pump.fun recorded one of its strongest revenue weeks of 2025 in mid-August as the sector recovered from a dip earlier this month.  Decentralized finance (DeFi) data tracker DefiLlama showed that Pump.fun generated $13.48 million between Aug. 11 and Sunday, the platform’s strongest weekly revenue performance since February.  The increase came after a sharp revenue drop from July 28 to Aug. 3. During that time, Pump.fun brought in only $1.72 million in weekly revenue, its lowest since March 2024. This contributed to the platform’s revenue drop in July, its lowest monthly revenue this year.  Read more

Spot Bitcoin ETF outflows jumped over 300% to $533 million on Tuesday, while Ether ETFs doubled their losses to $422 million, adding to a three-day streak of withdrawals. Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs also recorded major losses, with outflows doubling from $200 million on Monday to $422 million. Read more

After making nearly $7 million in four months, the trader lost almost all their gains in two days, illustrating the unpredictability of the crypto markets. A cryptocurrency trader who recently increased their account from $125,000 to more than $43 million was almost liquidated on Wednesday for $6.2 million after Ether briefly fell near the $4,000 level. The liquidation took place on the decentralized exchange Hyperliquid as Ether (ETH) dipped close to $4,000 amid a broader market correction, highlighting the volatility that can catch even seasoned traders off guard. It came two days after the trader had turned an initial investment of $125,000 into more than $43 million at its peak, before locking in nearly $7 million worth of profit on Monday, Cointelegraph reported. Read more

ARK Invest snapped up $21 million worth of Bullish and $16 million of Robinhood shares, extending its buying streak despite a sector-wide sell-off. Cathie Wood’s ARK Invest doubled down on crypto-linked equities, scooping up shares of Bullish and Robinhood amid a broad sector sell-off. According to Tuesday’s trade notifications, ARK Invest’s flagship ARK Innovation ETF (ARKK) purchased 356,346 shares of Bullish, valued at about $21.2 million, and 150,908 shares of Robinhood Markets, worth $16.2 million. Last week, ARK Invest went big on Bullish, acquiring 2.53 million shares, worth $172 million, across three ETFs after the crypto exchange’s debut on the New York Stock Exchange. Read more

The CFTC's civil case ran alongside Eddy Alexandre's 2023 criminal conviction and nine-year prison sentence.

Ahead of a broader open metaverse set to fully launch in early 2026, Wilder World’s early access shooter mode is rolling out.

AMTD will accept three major cryptocurrencies and two stablecoins in exchange for newly issued shares with pricing set by mutual agreement.

Capital rules need review as crypto risk management is now "more in line with traditional finance," Decrypt was told.

Ethereum investors are de-risking ahead of macroeconomic uncertainty, but experts remain bullish despite the short-term uncertainty.

A top Fed official has signaled openness to staff owning crypto, framing it as a step toward better-informed regulation.

Federal Reserve vice chair for supervision, Michelle Bowman, says the central bank should roll back its restrictions that ban staff from buying crypto. The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology. Fed vice chair for supervision Michelle Bowman said at a blockchain event in Wyoming on Tuesday that the regulator should consider allowing its staff “to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.” “We will soon be establishing a framework for supervising issuers of these assets,” she added. Read more

Bitcoin’s drop below $113,000 reflects investors’ worries about the US economy, stock markets and crypto, but the volatility does not end BTC’s long-term bullish trend. Key takeaways: Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds. Global economic pressures from US trade tariffs negatively affected traders’ sentiment. Read more

Glassnode's data shows fragile positioning after Bitcoin’s retreat from record highs, while Enflux points to institutional capital and regulatory alignment quietly reshaping the market.

Crypto markets slide with Bitcoin under $113,000, pressured by inflation fears, trade tensions, higher yields, and profit-taking.