Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps for Nepal-Tibet flood relief operations. World Central Kitchen’s local restaurant partners are distributing meals across Nepal’s Rasuwa and Nuwakot districts. Mercy Corps is coordinating emergency
Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulative stablecoin card spending above $10.9 billion worldwide overall. July 2026 produced a record month, with card spending exceeding $1 billion for first time. RedotPay predicts annualized spending
A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. Summary Ninth Circuit judges held Kalshi unlikely to block Nevada regulation of sports-event contracts through preemption. The ruling did not invalidate CFTC rulemaking or resolve any future Administrative Procedure
Ripple has hired London Metal Exchange treasury executive Joseph Thompson for its trading and markets team, according to an Aug. 28 report. Summary Ripple appointed Joseph Thompson to the trading and markets team, focusing on tokenization strategy and delivery. Thompson leaves LME on August 31 after nearly ten years working at the metals exchange. He
Ripple has named Academy Award winner and Water.org co-founder Matt Damon as a keynote speaker for Swell 2026, scheduled for Oct. 27–29 at The Shed in New York City. Summary Matt Damon will deliver a keynote at Ripple Swell 2026, scheduled October 27–29 in Manhattan. Ripple will combine Swell and XRPL Apex for the first
Bitcoin’s advance from approximately $63,500 to above $80,000 received substantial support from spot buying rather than new leveraged positions, QCP Capital said on Aug. 28. Summary Bitcoin rose from $63,500 as spot ETFs drew $2.8 billion across eight consecutive sessions overall. Futures open interest fell from 646,000 BTC to 588,000 BTC while Bitcoin prices moved
In this week’s edition of the weekly recap, Bitcoin returned to $80,000 after its strongest rally in more than three years, although traders struggled to push the price through $82,000. Federal Reserve Chair Kevin Warsh later pressured risk assets with a warning that interest rates could rise, while Bitwise’s Solana staking ETF became the first
Bitcoin traded near $77,500 on Aug. 29 after US spot Bitcoin ETFs snapped a nine-session inflow streak, while weakening capital flows and short-term technical signals kept the $76,500–$77,000 support zone in focus. Summary US spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28. Bitcoin fell 2.9% in 24 hours but continued to
NFT sales volume fell 44.70% to $63.33 million over the past seven days, even as the number of buyer and seller addresses increased sharply across the market. Summary NFT sales fell 44.70% to $63.33 million, while transactions declined 14.13% to 802,330. Buyer addresses rose 30.48% to 227,316, while seller addresses climbed 54.64% to 247,373. Ethereum
Eight years after the ICO boom, the regulator is offering a path that the market already abandoned. The capital it is trying to regulate now flows through channels the proposal does not touch. Summary The SEC proposed a framework allowing crypto projects to raise up to $75 million annually through public token sales without full
