Strive director Pierre Rochard has purchased 15,900 ASST shares worth $199,386 as the Bitcoin treasury company’s preferred stock has returned close to its $100 par value. Summary Rochard bought 15,900 ASST shares at an average price of $12.54 on Aug. 14. The open-market purchase was his first reported direct holding of Strive common stock. ASST
Ripple has raised $275 million through an upsized senior note offering by Ripple Prime to fund the brokerage unit’s expansion across financing, clearing, and other financial services in the United States. Summary Ripple Prime raised $275 million through a private offering of senior unsecured notes to institutional investors. The proceeds will support Ripple’s U.S. expansion
Ethereum price rose 3% to around $1,920 on Aug. 19, but weak trend strength and nearby liquidation clusters kept the recovery below $2,000. Summary Ethereum price gained 3% to $1,920 but remained below the $1,986 resistance level. 4-hour RSI reached 61 as the MACD moved further into positive territory. Liquidation liquidity is concentrated near $1,930,
The GENIUS Act mandates Treasury bill reserves. FASB wants stablecoins counted as cash. The Treasury is writing enforcement rules for January 2027. Every provision points the same direction, and it is not toward protecting retail investors. Summary The GENIUS Act requires payment stablecoin issuers to hold reserves in U.S. Treasury bills, insured bank deposits, or
BitGo Europe and German stablecoin issuer AllUnity announced on Aug. 17 that they had formed a partnership covering three regulated, fiat-backed stablecoins. Summary BitGo Europe became a first buyer and institutional liquidity partner for three AllUnity stablecoins tokens. Eligible institutional clients can access EURAU, CHFAU and SEKAU through BitGo Europe’s regulated platform directly. BitGo Europe
Binance published its 45th Proof of Reserves report using user balances recorded on Aug. 1, 2026. The snapshot showed customer Bitcoin holdings rising for another month, while Ethereum and Tether balances declined. Summary Binance users held approximately 657,000 BTC on August 1, increasing balances by 16,349 BTC monthly. User Ethereum balances fell 2.57% to approximately
Solana Policy Institute CEO Miller Whitehouse-Levine said on Aug. 18 that the CLARITY Act has only a 10% chance of becoming law before the November midterm elections. Summary Solana Policy Institute CEO Miller Whitehouse-Levine assigns the Clarity Act 10% odds before November’s midterms. Senate leaders scheduled a cloture vote on proceeding to the bill for
XPlace CEO Artem Ponomarev has called for safer crypto-backed borrowing tools as DeFi lending protocols hold more than $42 billion in total value locked. Summary DeFi lending protocols currently hold about $42.06 billion in total value locked. Ponomarev said investors should be able to access liquidity without selling long-term digital-asset positions. Tokenized stocks have reached
Bitcoin has risen above $64,600 after U.S. President Donald Trump said Washington is not holding talks with Iran, while conflicting claims over the Strait of Hormuz kept oil above $91 per barrel. Summary Bitcoin traded at $64,611 after moving between $64,005 and $64,926 during the session. Trump said no U.S.-Iran talks are underway or scheduled
The CFTC has opened a 45-day comment period on proposals that would double the small-pool exemption threshold to $800,000 and ease registration rules for some fund advisers. Summary The CFTC proposal would create a CPO exemption for qualifying SEC-registered investment advisers. A related change would extend registration relief to certain commodity trading advisers. The small-pool
