Kraken is joining SoFi’s settlement network and list SoFiUSD as the companies link traditional banking with crypto markets. Source link

Mexican billionaire Ricardo Salinas is at it again.  This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin.  Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his

Prominent Russian financial institution Sberbank plans to accept Bitcoin, Ethereum, and USDT as loan collateral as Russia prepares a new cryptocurrency regulatory framework that takes effect from September 1, 2026. Russia’s largest bank intends to expand crypto-backed lending beyond Bitcoin to Ethereum and Tether’s USDT. Ethereum and USDT collateral will still require approval from the

On August 19, Bitcoin ripped through $67,000 and set off the largest single-day short squeeze in Bitcoin’s history — over $1.1 billion in short positions liquidated in a day. It was the first time that figure had ever cleared a billion for BTC alone, comfortably beating the old records of $757 million (May 2021) and

In Bitcoin news today, China’s credit impulse, a gauge of how quickly new borrowing is expanding relative to the size of the economy, has fallen to 20.84, its lowest level since 2008, according to MacroMicro data cited by CoinDesk. Bitcoin, meanwhile, is not acting like a risk asset under duress. After gaining roughly +25% in

Every major token is green over 24 hours, though only zcash and hyperliquid are holding gains on the week. Source link

Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.”  Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to

Solana upgrade, Transaction V1 is set for September 9 and Alpenglow in October, alongside rent cuts and faster slot times on the network roadmap. Transaction V1 will expand Solana’s transaction size limit to 4,096 bytes on September 9. Solana plans five rent reductions that could eventually lower requirements by 90%. Alpenglow targets October with approximately

Five trading days have passed since Federal Reserve Chairman Kevin Warsh’s hawkish Jackson Hole keynote. Since then, bitcoin has sat inside a three percent-band between $76,500 and $79,500, despite a further escalation in the Middle East conflict. This resilience is consistent with our view that BTC will continue to trade in a lower timeframe range.

The MicroStrategy Bitcoin buying has resumed after a roughly 10-week pause, adding 4,603 BTC for approximately $370M. The purchase lifts the company’s total reported holdings to 845,050 BTC, according to the disclosure, reinforcing its standing as the largest corporate Bitcoin holder. The move matters because Strategy’s buying pattern has become a widely watched signal for