The latest monthly gain also snapped a run of four consecutive August losses, including two double-digit hits in 2022 and 2023. Bitcoin closed August 2026 up nearly 25%, giving the month a result that has not appeared in comparable post-peak years of 2014, 2018, and 2022. Ash Crypto pointed to the unusual monthly candle…
Strategy has spent $635.2 million repurchasing its STRC perpetual preferred stock as the security continues to trade below its $100 par value despite recovering from a low near $71. Summary Strategy has spent $635.2 million buying back STRC, which remains below its $100 par value at around $97. The latest STRC repurchase totaled $151.8 million…
Strategy has made its first bitcoin purchase in two months, acquiring 4,603 BTC for $369.7 million at an average price of $80,318 per coin, according to a Monday morning press release from the company. The purchase lifts Strategy’s total holdings to 845,050 BTC and ends a buying pause. The mechanics of the deal are straightforward….
Trump Jr.’s involvement in the prediction industry extends beyond Polymarket, as he also advises rival firm Kalshi. Donald Trump Jr.’s venture capital firm, 1789 Capital, is leading a $1 billion funding round that values Polymarket at $21 billion, contributing roughly $300 million in fresh capital on top of the $200 million it had already…
Ripple and SettleMint announced a strategic partnership on Sept. 1 that combines institutional digital asset custody with tools for issuing and managing tokenized assets. Summary Ripple and SettleMint partnered to combine institutional custody with tokenized asset lifecycle management capabilities regionally. The initial offering targets regulated financial institutions across Asia Pacific before possible expansion elsewhere globally….
Despite XRP’s price volatility, investor demand for US spot XRP ETFs has remained strong, attracting over $1.66 billion in cumulative inflows. Asset manager Bitwise said that its XRP ETF (XRP) has crossed $500 million in assets under management (AUM) just nine months after launch. The fund’s page showed $502.7 million in net assets across…
Singapore’s central bank proposed a dedicated stablecoin issuance license on Sept. 1, moving a framework announced in 2023 closer to implementation through amendments to the Payment Services Act. Summary Singapore proposes licensing stablecoin issuance under its Payment Services Act, with responses due October 16. Licensed issuers must maintain reserves covering at least 100% of outstanding…
Bitcoin (BTC) sat at $78,000, down -0.2% on the day, as a packed week of US labor and activity data could reshape expectations for the Federal Reserve’s September rate decision. On Kalshi, traders priced a close split for the September 15–16 Federal Open Market Committee meeting: 53% odds of a 25-basis-point increase and 47% odds…
The worst-case scenario for ADA in September is a collapse to $0.10, Gemini stated. Cardano’s native cryptocurrency has lost much of its gains posted in mid-August and has dropped below the psychological level of $0.20. We asked three of the most popular AI-powered chatbots about what’s next in September – a rally or a…
Wallets linked to North Korea’s Lazarus Group have sold more than $30 million in Bitcoin through Hyperliquid over three weeks as U.S. officials and Payward explore regulated access to the platform. Summary Lazarus-linked wallets sold more than $30 million in Bitcoin through Hyperliquid, Arkham data showed. The wallets used the proceeds to buy Ethereum and…
