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Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh US-Iran rhetoric. Bitcoin (BTC) returned to $64,000 after Monday’s Wall Street open as US stocks gave way to gold. Key points: Data from TradingView showed BTC/USD up by more than 2% on the day, rebounding from Sunday’s weekly close. Read more
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards. Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions. The company disclosed Monday that it acquired 9,926 Ether (ETH) during the week ending Aug. 16, bringing its total holdings to roughly 5.82 million ETH, or about 4.8% of Ethereum’s circulating supply. At an ETH reference price of $1,893, Bitmine’s Ether holdings were valued at roughly $11 billion. However, much of the company’s ETH was acquired at significantly higher prices. Ether’s price was little changed on Monday, sitting just above $1,900. Read more
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion. Strategy raised $333.7 million through common stock sales last week but made no Bitcoin purchases, leaving its holdings unchanged at 840,447 BTC. The company sold 3.46 million MSTR shares between Aug. 10 and Aug. 16 through its at-the-market offering program, according to a Monday 8-K filing with the US Securities and Exchange Commission. Of the proceeds, $52.4 million was used to fund the twice-monthly dividends on STRC preferred stock, while $132.2 million funded repurchases of the same security. Another $149.1 million was added to the company’s US dollar reserve. Read more
Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit. Harmony plans to roll back its blockchain to Aug. 11 following an exploit that created forged ONE tokens, discarding more than 109,000 transactions confirmed after its chosen checkpoint. The layer-1 network said Monday that validators would revert to blocks recorded at 11:25 pm UTC on Aug. 11. New blocks will be produced from the next heights using replacement databases. The discarded window includes 109,126 regular transactions and 315 staking transactions. Harmony said selectively restoring transactions was unsafe because balances, contract states, nonces and other conditions would differ on the replacement chain. Read more
Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next. Bitcoin (BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line. Key points: Read more
Reuters reported that Binance supplied transaction records and identity documents later used in a terrorism-financing case against Yuri Belenkiy. Binance reportedly provided Russian authorities with transaction records and personal information belonging to a customer accused of financing terrorism via cryptocurrency donations to Ukrainian fundraising campaigns. Russian investigators used information supplied by Binance as evidence against IT specialist Yuri Belenkiy, who was detained in September 2025 and is awaiting trial in Russia, according to law enforcement documents reviewed by Reuters. Russia’s Investigative Committee alleged Belenkiy sent more than $700 in crypto between January 2023 and March 2024 to the Ukrainian military and a banned organization that Reuters identified as the group known at different times as the Azov Brigade and the Azov Regiment. Read more
The FMA said Bitpanda breached MiCA rules on crypto white papers and marketing communications, with the decision now final. [Update 10:40 UTC, Aug. 17: This article has been updated to include a statement from Bitpanda in sixth and seventh paragraphs.] Austria’s financial regulator has fined crypto platform Bitpanda 70,000 euros ($82,000) for violating the European Union’s Markets in Crypto-Assets Regulation, in the watchdog’s first published final penalty under MiCA. The Austrian Financial Market Authority (FMA) said Friday that Bitpanda failed to submit a crypto-asset white paper to the regulator at least 20 working days before its publication, as required under MiCA. Read more
BitMart’s Chinese-language X account demanded an Aug. 19 repayment plan, while Sheldon Xia called its claims of blocked withdrawals and non-payment of salaries “fabricated rumors.” BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan by Wednesday. The account said in a Monday post that some users remained unable to withdraw funds and that some employees had not received their final salary or compensation, while calling on Xia to disclose BitMart’s wallets, assets, liabilities and available reserves, according to a machine translation of the post. The post said if Xia does not provide a verifiable asset disclosure and repayment plan by the deadline, it would continue to submit evidence to regulators, law enforcement, lawyers and the media. Read more
Greenlane recorded a $19.1 million noncash valuation loss as BERA’s price fell nearly 76% year to date. Greenlane Holdings’ BERA-focused crypto treasury ended the second quarter valued at $16.4 million, less than a quarter of its $70 million cost basis, according to a regulatory filing. On Friday, the company said it held 81.3 million BERA and BERA-equivalent tokens as of June 30. The $53.8 million gap between their cost and fair value left the portfolio 76.6% below cost. Greenlane reported a $19.1 million noncash fair-value loss on digital assets during the quarter, contributing to a net loss of $24.8 million. Meanwhile, its digital asset segment generated $309,000 in staking and yield revenue over the same period. Read more
The sealed complaint leaves Chainalysis’ specific objections and requested remedy undisclosed as briefing continues. Blockchain analytics company Chainalysis has sued the United States government over an Immigration and Customs Enforcement (ICE) decision to award a sole-source contract to competitor TRM Labs. On July 27, Chainalysis Government Solutions filed the challenge in the US Court of Federal Claims. The relevant motion became publicly accessible through CourtListener’s RECAP archive on Sunday. A federal award notice values the contract at about $94.6 million and says it covers forensic software and support services for Homeland Security Task Force investigations. The one-year award runs from July 1, 2026, through June 30, 2027. Read more
Owners of Trezor and SafePal crypto wallets at high risk of phishing attempts after separate data leaks, CLARITY odds at 10% despite White House meeting this week. Galaxy Digital has lowered its estimate of the CLARITY Act’s chances of passing in 2026 to just 10%. In May it had estimated the chance of passage at 75%. Multiple political issues remain unresolved and the Senate only has 14 days in session to pass the bill after it reconvenes on Sept. 14. Unless an initial motion to proceed vote occurs immediately upon lawmakers’ return to Washington, there would only be enough time for the CLARITY Act to pass if it “dominates basically the entire working session,” wrote Galaxy head of research, Alex Thorn. Read more
DefiLlama’s founder said Apple removed one fake app within days after the company documented it draining funds from a small crypto wallet. DefiLlama delayed the launch of its mobile app while it spent months trying to get Apple to remove phishing apps from its App Store that impersonated the analytics provider, according to the company’s pseudonymous founder, 0xngmi. “We waited ‘till all the fake apps were taken down before we launched ours to avoid any user getting scammed,” 0xngmi said in a Saturday X post. DefiLlama had tried for months to get one malicious app removed, but Apple took it down “in days” after the team downloaded the app and documented a small wallet being drained, 0xngmi added. Read more
The Hegotá upgrade aims to introduce more native privacy for Ethereum applications. Ethereum developers are currently reviewing 66 proposals to narrow them down as part of scoping the next major Ethereum upgrade, Hegotá, with several proposals aimed at bringing more privacy capabilities into the protocol. FOCIL is currently the only Ethereum Improvement Proposal (EIP) scheduled for inclusion in the upgrade. Frame Transactions (EIP-8141), Keyed Nonces (EIP-8250) and Recent Roots for Frame Transactions (EIP-8272) should also be included to “unlock native privacy, allowing privacy apps to work without having to rely on intermediaries,” wrote Ethereum Foundation contributor Toni Wahrstätter in a Sunday X post. FOCIL, short for Fork-choice enforced inclusion lists, seeks to allow a committee of validators to force pending transactions into blocks to boost the network’s censorship resistance, while the other proposals could provide protocol primitives for privacy applications. Read more
The additions come as Bybit’s TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies. Dubai-based crypto exchange crypto exchange Bybit has launched pre-IPO perpetual contracts tied to Chinese robotics firm Unitree and artificial intelligence startup Moonshot AI, expanding its push into private-market trading. The USDT-denominated and settled contracts give traders price exposure without ownership of the underlying shares. Bybit said its TradFi perpetuals lineup has grown to more than 200 products since launching in April, spanning equities, ETFs, commodities, indices and pre-IPO companies. Unitree received approval from China’s securities regulator in July for an initial public offering on Shanghai’s STAR Market. The perpetual gives traders exposure to the robotics company before its shares begin trading publicly. Read more
Tokenized equities reached 1.31 million holders over the past month, as monthly transfer volume surged 179% to $23.13 billion and distributed value rose 5.9% to $2.38 billion. The number of tokenized stock holders has more than doubled over the past month to 1.31 million, according to RWA.xyz data. Monthly transfer volume surged nearly 180% over the same period to $23.13 billion, while monthly active addresses increased 34.62% to nearly 572,000. The total distributed value of tokenized stocks also rose 5.9% to $2.38 billion. At the time of writing, Ondo leads the market with about $872 million in distributed value, followed by Kraken’s xStocks at $557.8 million and Binance’s bStocks at $521.8 million. BStocks launched in June and is already within roughly $36 million of xStocks in distributed value. Read more
The trillions required to boost Bitcoin to a price of $1 million per coin is not going to happen by 2030... or perhaps ever, says party pooper Markus Thielen. The numbers behind the oft-cited prediction that Bitcoin will reach $1 million by 2030 simply don’t add up, according to Markus Thielen, head of research at 10x Research. “It’s mathematically impossible,” Thielen tells Cointelegraph on Trade Secrets, arguing that Bitcoin’s historical capital inflows over the past 15 years fall far short of the amount it would need to attract over the next four years to reach $1 million. “We have seen $1 trillion US dollars of inflow to bring the market cap really to $1 trillion. To $1 million [per] Bitcoin. It’s 15x, I think, from here,” Thielen says. At the time of publication, Bitcoin’s market cap is around $1.28 trillion, with its price trading at $63,868, according to CoinMarketCap. Read more
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Bitcoin could bottom in October before recovering to around $130,000 ahead of the 2028 halving, according to Swan Bitcoin CEO Cory Klippsten. Bitcoin’s (BTC) price peaked above $126,000 in early October 2025, meaning that the “market should bottom in October,” Klippsten told Cointelegraph. He argued that Bitcoin has so far bottomed about 12 months after each previous bull market peak, while cautioning against extrapolating from only a few previous cycles. Read more
Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multi-source geofencing system by Sept. 2. A Washington state judge has ordered prediction market platform Kalshi to stop offering a broad range of event contracts in the state, rejecting its argument that federal commodities law preempts Washington gambling law. King County Superior Court Judge John McHale barred Kalshi from offering contracts tied to sports, elections, politics, entertainment, culture, tech and science, and “mentions.” Contracts involving commodities, climate, economics and finance are exempt. “We’re holding Kalshi accountable for running an illegal gambling operation,” Washington Attorney General Nick Brown said Thursday on X, citing a recent court ruling. Read more
Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September. Galaxy Digital has lowered its estimate of the Digital Asset Market Clarity (CLARITY) Act’s chances of passing in 2026 to 10%. It warned that multiple political issues remain unresolved and the Senate will have only about two to three weeks to pass it when it reconvenes on Sept. 14. Unless an initial motion to proceed vote occurs immediately upon lawmakers’ return to Washington, there would be enough time for the CLARITY Act to pass the Senate only if it “dominates basically the entire working session,” wrote Galaxy’s head of firmwide research, Alex Thorn, in a Friday X post. Read more
Binance data showed Gen Z allocating a growing share of equity activity to ETFs while trading less frequently and using less leverage than older working-age cohorts. Gen Z traders on Binance are allocating a growing share of their equity activity to exchange-traded funds (ETFs), with the products accounting for 25% of the cohort’s trading volume in early August, according to Binance Research. ETFs accounted for 21.9% of Gen Z net equity inflows in July, up from 18.5% in June, while the share going to individual stocks fell to 74.2% from 77%. The analysis examined activity across direct equities, tokenized stocks and traditional finance perpetuals, comparing Gen Z accounts with Millennials, Gen X and Baby Boomers on measures including trading frequency, net flows and leverage use. Read more11869 items