The impasse highlights the financial complexities and strategic challenges clubs face in balancing immediate needs with long-term fiscal responsibility.
The post Aston Villa’s loan bid for Joao Palhinha rejected by Bayern Munich as clubs remain apart on deal structure appeared first on Crypto Briefing.
The Neocloud ETF's rapid growth highlights investor enthusiasm for AI-focused infrastructure, but concentrated holdings pose significant risk.
The post Roundhill’s Neocloud ETF surges 15% in first week, volume hits $46M appeared first on Crypto Briefing.
The impasse risks escalating regional tensions, potentially destabilizing global energy markets and complicating diplomatic relations further.
The post Iran demands US return to interim deal, rejects ceasefire extension talks appeared first on Crypto Briefing.
DeepSeek's expansion into AI coding agents could intensify global competition, challenging established players and navigating geopolitical tech constraints.
The post DeepSeek launches social media accounts and posts job listings to build AI coding agents appeared first on Crypto Briefing.
The insolvency highlights the risks of single-asset investments and signals broader challenges for German investors in US real estate markets.
The post Deutsche Finance Group plans insolvency after Boston investment failure wipes out $58M fund appeared first on Crypto Briefing.
Bitcoin Magazine

OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters
The Office of the Comptroller of the Currency says it will keep pushing to revive de novo bank chartering, a campaign that has already opened a federal on-ramp for some of the largest companies in crypto.
In a statement Tuesday, the regulator said reinvigorating new bank formation remains a priority and commended the Federal Deposit Insurance Corporation for its own recent efforts on the issue.
“De novo chartering is a sign of a healthy banking system,” said Comptroller of the Currency Jonathan V. Gould, adding that the FDIC’s new process for reviewing deposit insurance applications aligns with the OCC’s work to reverse the decline in new charters.
Over the past 15 years, de novo chartering fell significantly, the OCC said. From 2011 through 2014, the OCC received an average of fewer than four charter applications per year, and in some years it received none at all.
“For more than a decade, regulators signaled that those seeking a federal bank charter and federal deposit insurance need not apply,” Gould said. “Entities that engage in legally permissible activities, including those involving digital assets and other novel technologies, should have a path to becoming a national bank. America and the OCC are once again open for business.”
The numbers have turned. The OCC has received 40 de novo applications in the last 18 months, including applications for national trust banks — a charter type it has granted for decades. In many cases it has ruled within 120 days of receiving a complete application. For the first time in five years, a full-service national bank has received final approval and opened its doors: Erebor Bank, N.A., backed by Palmer Luckey, Joe Lonsdale and Peter Thiel’s Founders Fund.
A number of top crypto companies have received conditional approval, including Ripple, Circle, Crypto.com and Paxos. Donald Trump-backed decentralised finance platform World Liberty Financial has also applied, hoping to get institutions on board with using its native stablecoin, USD1.
The appeal is structural: the charter lets crypto companies hold client assets and handle trade settlement inside a federally regulated framework. For an exchange like Coinbase, whose application remains under review, it would mean serving as a crypto custodian on a federal basis, managing assets for larger entities.
Not everyone is happy about it, though. The Independent Community Bankers of America in December urged the OCC to reject Coinbase’s application for a national trust bank charter, arguing the exchange has “demonstrably flawed risk and control functions” and operates under governance that “prevents independent oversight.”
And in February, the American Bankers Association — the country’s largest banking lobby — urged the OCC to slow its review of crypto companies’ charter applications.
Underneath the procedural objections is a turf war. One of the biggest gripes from traditional banks comes down to stablecoins: companies like Coinbase want to pay users rewards for holding the tokens, which banks say is unfair and could erode their deposit base.
The OCC, for its part, says it will continue to encourage the formation of new banks and strengthen the resilience of the federal banking system.
This post OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases
Bitcoin’s price dipped slightly before remaining mostly steady after data on Wednesday showed that U.S. inflation was subdued.
The price of the largest cryptocurrency recently stood at $63,863, mostly unmoved over a 24-hour period. Over the past week, Bitcoin is also flat.
The core consumer price index, which excludes often-volatile food and energy categories, rose 0.2% from a month earlier and increased 2.5% from a year earlier — the slowest pace since March 2021.
Energy and gas prices fell for a second month and grocery prices dropped for the first time since March, according to the print.
The news takes the pressure off Federal Reserve Chairman Kevin Warsh to raise interest rates in September.
Softer inflation data eases the path toward rate cuts, and lower rates reduce the opportunity cost of holding an asset that pays no yield. Bitcoin has typically performed well in a low-interest rate environment.
Sticky inflation in the world’s biggest economy has led the Federal Reserve to take a cautious approach with interest rates. Despite Wednesday’s softer inflation data, prices are still higher than they were a year ago and wages in the U.S. are not keeping up.
Bitcoin has faced increased volatility since the U.S. and Israel attacked Iran in February, with the leading cryptocurrency dropping hard on initial reports of war. Bitcoin is now down nearly 30% year-to-date.
Still, in recent weeks, investors have shown a growing appetite for the asset. Spot Bitcoin exchange-traded funds in the U.S. have experienced massive inflows — the biggest since April last week — despite negative news for the crypto industry: a massive exploit of the popular Coldcard Bitcoin hardware wallets last month shook crypto investors and a vote on the long-awaited digital asset market structure bill, the Clarity Act, has been delayed.
This post Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

AI Hyperscalers Are Pricing Bitcoin Miners Off the Grid— Here’s Why Its a Massive Win-Win
If you’ve scanned headlines over the last year, you’ve likely seen the prevailing market narrative: Bitcoin miners are abandoning their operations and pivoting to AI data centers, signaling a retreat from proof-of-work.
To casual observers, this looks like a surrender. Proof that Bitcoin was just a temporary placeholder until a “better” compute workload arrived.
However, if you look through the lens of power infrastructure and thermodynamics, that story gets the reality completely backwards. The migration isn’t a sign of bitcoin weakness; but a long-overdue, structurally bullish rebalancing of global energy pricing.
Here is the underlying reality that the market completely misunderstood.
The misconception stems from assuming all digital workloads are created equal. In reality, Artificial Intelligence and Bitcoin Mining require completely opposite physical and digital environments:

An AI training cluster is fragile. If a 100-megawatt facility drops power mid-run, millions of dollars of training state are destroyed. It demands high-grade baseload power, ultra-low latency fiber, and 99.999% continuous uptime.
Bitcoin mining, by contrast, is completely indifferent to latency, location, or uptime. ASICs can operate in a remote desert, next to a stranded hydro dam, or on an off-grid flare gas pad. If grid power prices spike, a miner can shut down in seconds without losing data or damaging its hardware.
For the past decade, Bitcoin miners operated on major electrical grids simply because that was where power substations already existed. But using prime, grid-connected baseload electricity to run an interruptible, location-agnostic program was always an economic inefficiency.
Now, AI hyperscalers are running into a massive bottleneck: getting new 100+ megawatt grid interconnections approved by utilities can take 3 to 5 years.
Hyperscalers are buying up every megawatt of prime, grid-tied power real estate they can find. In doing so, AI is pricing Bitcoin off the main electrical grid.

Far from destroying Bitcoin, this eviction restores it to its ideal thermodynamic role. Pushed off the grid, miners are forced to seek out energy that no one else can use: stranded wind in West Texas, flared natural gas in remote oil fields, or off-peak hydro in mountain ranges.
AI takes the expensive grid power; Bitcoin captures the world’s wasted energy at the edge, and acts as the buyer of last resort for stranded, wasted, or curtailed energy sources.
The primary structural weakness of pure-play Bitcoin mining companies has always been balance sheet volatility during bear markets. When hash price drops, debt-heavy miners are forced to dump their mined Bitcoin reserves onto the open market just to pay electricity bills and corporate overhead. This forced liquidating creates artificial downward pressure on Bitcoin’s price.
The AI pivot fundamentally fixes this balance sheet flaw:
The final piece of this puzzle is a paradox that tech hyperscalers are only beginning to confront.
Big Tech is spending hundreds of billions of dollars to build an AI infrastructure that makes intelligence and digital content infinitely abundant. But when a digital good becomes infinitely abundant, its marginal cost trends toward zero.
How do you protect a multi-trillion-dollar tech balance sheet when your primary product, digital output, is unconstrained?

While AI makes digital intelligence infinite, Bitcoin imposes absolute, unalterable digital scarcity (capped strictly at 21 million units). Furthermore, Bitcoin is the only monetary asset whose issuance is directly bound to the same thermodynamic laws of work and energy that run data centers.
Consider the staggering opportunity cost already compounding on hyperscaler balance sheets. Data from Bitcoin for Corporations reveals that if Amazon (AMZN) had allocated its $123.03B cash reserve to Bitcoin over a 3-year period instead of cash and short-term Treasuries, its treasury productivity would have surged from 12.21% to 119.55%—a 10x increase in capital efficiency representing over $132 billion in unrealized gains.

(Try the Bitcoin Treasury Simulator with any stock ticker)
Just as a tech company signs a long-term Power Purchase Agreement (PPA) to lock in electricity costs, holding Bitcoin operates as a PPA for monetary value. By sitting on massive cash stockpiles that yield nominal paper returns while spending billions fighting for physical energy, Big Tech leaves hundreds of billions in value on the table.
The shift taking place across data centers isn’t a trade-off where one technology wins and the other loses. It is a market optimization.
AI gets the high-speed, grid-connected real estate it needs to build synthetic intelligence. Bitcoin gets pushed further into the wilderness to capture cheap, wasted energy, backed by miners who no longer have to sell their coins to keep the lights on. And as the opportunity cost of holding depreciating fiat cash becomes too massive to ignore, hyperscalers will realize that securing the power grid is only half the battle: the ultimate reserve asset for an empire of infinite compute is physical digital scarcity.
Disclaimer: This content was prepared on behalf of Bitcoin For Corporations for informational purposes only. It reflects the author’s own analysis and opinion and should not be relied upon as investment advice. Nothing in this article constitutes an offer, invitation, or solicitation to purchase, sell, or subscribe for any security or financial product.
This post AI Hyperscalers Are Pricing Bitcoin Miners Off the Grid— Here’s Why Its a Massive Win-Win first appeared on Bitcoin Magazine and is written by Nick Ward.
Bitcoin Magazine

Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay
The long-awaited crypto Clarity Act has stalled and is due a September vote but regulators are ready to step in to advance crypto rules regardless, according to reports.
Bloomberg reported Tuesday that the Securities and Exchange Commission was preparing to roll out this week initiatives to help the crypto industry. The regulator has said that it will hold an open meeting Friday “to create a tailored offering regime for certain investment contracts involving crypto assets.”
And JD Supra reported Tuesday that Commodities and Futures Trading Commission Chairman Michael Selig was ready to proceed with “rulemaking whether or not the Clarity Act is enacted, with the goal of finalizing rules before the end of the current administration.”
The news from the regulators comes as the Clarity Act stalls. Pro-crypto lawmakers were last week hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead in September.
Lawmakers started mulling over a new draft of the bill, which was passed by the House of Representatives last year, in July. The text that tackled the issue of ethics, banning government officials from promoting or making money from crypto.
But Democrats still had a problem with it and some were deliberately holding it back, according to Republicans like Cynthia Lummis.
Regulators the SEC and CFTC have become remarkably more crypto-friendly since President Trump took the White House.
When Gary Gensler was in charge of the SEC under Democratic President Joe Biden, the regulator went after crypto firms like Coinbase and Kraken.
Under the Republican Administration, the regulators have scrapped a number of high-profile lawsuits against crypto companies.
President Trump campaigned on a ticket to help make the United States digital asset capital of the world, and has passed pro-crypto legislation since taking office.
This post Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Should Bitcoin Companies Build USD Reserves? Understanding The Truth
Strategy’s U.S. dollar reserve has reached $4.65 billion, up from $3.75 billion two weeks earlier. It has also sold almost 7,000 BTC since late June 2026.
Many are wondering why a company built around accumulating Bitcoin would choose to hold billions of dollars in fiat. More importantly, should other Bitcoin businesses do the same?
Strategy increasingly operates as an issuer of Digital Credit: preferred securities backed economically by an enormous Bitcoin balance sheet. These instruments create fixed dollar dividends obligations.
Bitcoin produces no cash flow. Strategy’s software business produces far too little cash to cover its capital structure.
Traditional credit analysis compounds the problem. S&P assigned Strategy a B- rating in October 2025, citing its Bitcoin concentration, weak dollar liquidity, and very weak risk-adjusted capital. Under S&P’s methodology, Bitcoin is effectively excluded from the capital base used for this analysis because of its market risk.
In our coverage of the S&P rating, we specifically mentioned that a cash reserve, amongst other things, was worth exploring to improve credit ratings.
Strategy therefore holds dollars to support its credit issuance. That is literally the whole reason.
More dollar liquidity can improve the perceived safety of its preferred securities, broaden investor demand, and potentially lower its cost of capital—in the eyes of credit ratings agencies.
The cash still carries an economic cost. Excess capital should produce a return. A conventional company can reinvest it, repurchase shares, or distribute it. A Bitcoin company can buy more Bitcoin. Every dollar held in cash replaces potential positive returns with guaranteed negative real returns.
Strategy accepts that cost because its business model depends on issuing more credit. Three unusual conditions exist at once: Bitcoin dominates its balance sheet, rating agencies heavily penalize that Bitcoin exposure, and management intends to keep issuing Digital Credit.
All three conditions are pretty unique individually and it is exactly the combination of all three that creates the situation where they need to hold cash. For instance, if Strategy did not want to issue credit, then it wouldn’t need the cash.
The math creates some glaring problems with cash reserves.
Suppose Strategy issues $100 of preferred stock carrying a 10% annual dividend and holds three years of dividend coverage in cash. It must reserve $30 and can deploy only $70 into Bitcoin.
The preferred still costs $10 per year. The $70 invested into Bitcoin must therefore generate:
$10 ÷ $70 = 14.29%
A stated 10% cost of capital becomes a 14.29% hurdle rate on the capital actually deployed. The reserve raises the required return by 42.9%. Interest earned on the cash reduces the hurdle somewhat, but the structural drag remains.
The true hurdle is actually higher, however, because BTC’s volatility means it will heavily underperform the hurdle rate in some years, and these years still require the dividends to be paid (here I am assuming that dividends are not skipped). So aside from the cash drag, there is also a volatility drag imposed by attempting to amplify a volatile asset. This risk must be compensated for by adjusting the hurdle rate higher.
The larger the required reserve, the less of every new dollar reaches Bitcoin. If Bitcoin appreciation fails to exceed this higher hurdle over time, common shareholders bear the cost.
However, cash is far from useless. Cash creates useful optionality. It can cover dividends and interest during Bitcoin drawdowns, reducing the risk of forced Bitcoin sales. It can also support opportunistic repurchases of securities when they trade below their stated value.
Strategy recently did exactly that. In late July, it paid $25 million for $28.89 million of STRC stated value, a 13.47% discount. It later used $108.6 million from Bitcoin sales to retire another 1.15 million STRC shares. Buying preferred stock below par removes more senior claims and future dividend obligations than the cash spent. It is also accretive to Net Bitcoin Per Share.
For most Bitcoin companies, cash needs should be tied to the operating business rather than to an arbitrary reserve target—consider that Strategy literally does not know how much reserves it needs to get a better rating or for more credit investors to become interested in STRC.
A cash-flowing company usually has a good understanding of its cash outlay. It should hold enough dollars to cover payroll, taxes, debt service, vendor payments, near-term capital expenditures, and a reasonable buffer for volatility in operating cash flow.
The right reserve depends on the stability of those cash flows. A profitable business with recurring revenue, low fixed costs, and predictable expenses can operate with a smaller buffer. A cyclical or capital-intensive business needs more. The reserve should rise because the business requires liquidity, not because management simply wants a large cash balance.
Once operating needs and a prudent liquidity buffer is covered, additional cash needs a specific economic purpose. Otherwise it dilutes returns by generating a large opportunity cost. For any company, excess capital should compete directly against the company’s hurdle rates, repurchasing undervalued shares, reducing expensive liabilities, or investing in projects that can earn a higher return.
In conclusion, Strategy is a very, very rare case. Its cash reserve exists only because it is building a large credit issuance business on top of a Bitcoin balance sheet while credit ratings agencies impose significant institutional inertia which treats legitimate, liquid assets as zero value. Companies without that liability structure—which is basically all other companies—have far less reason to accumulate dollars beyond their working capital buffer.
Disclaimer: This content was prepared on behalf of Bitcoin For Corporations for informational purposes only. It reflects the author’s own analysis and opinion and should not be relied upon as investment advice. Nothing in this article constitutes an offer, invitation, or solicitation to purchase, sell, or subscribe for any security or financial product.
This post Should Bitcoin Companies Build USD Reserves? Understanding The Truth first appeared on Bitcoin Magazine and is written by Allard Peng.
Nasdaq-listed Tron Inc. continues expanding its TRX treasury reserve as it routes nearly all of its holdings through JustLend, the largest DeFi platform on the TRON blockchain.
On Aug. 12, the company said it acquired another 148,944 TRX at an average price of $0.3357, pushing reported holdings above 709.4 million TRX.
The purchase follows the company's second-quarter filing, which showed it planned to continue acquiring TRX despite current market conditions. Notably, about 95% of the firm's assets are invested in or committed to TRX.
The SEC filing showed that Tron Inc. held $233.8 million of TRX and staked TRX, or sTRX, as of June 30.
That represented more than 91% of its $256.2 million balance sheet. Of the position, $229.7 million was sTRX issued through JustLend, leaving nearly 90% of total assets directly exposed to the protocol.
Tron Inc. said it had staked nearly 100% of its treasury TRX through JustLend to generate returns from standard staking and energy rentals.
The activity generated $6.33 million in unrealized staking income during the first half of 2026, including $3.35 million in the second quarter. That exceeded the $2.75 million of revenue generated by its operating business over the six-month period.
The strategy gives Tron Inc. a second source of return beyond TRX price appreciation. The staking arrangement operates through JustLend smart contracts, while sTRX represents the underlying staked tokens and accumulated yield.

While staking allows Tron Inc. to earn yield on its TRX holdings, it also adds risks beyond movements in the token’s market price.
The company has warned that coding errors, security vulnerabilities, or malicious exploits affecting JustLend’s smart contracts could result in partial or total losses of sTRX or the underlying TRX.
Access to those holdings also depends on the protocol’s redemption process. JustLend’s standard unstaking route requires a 14-day wait before TRX can be withdrawn, while congestion, outages, or consensus failures on the TRON network could delay transfers, redemptions, or yield distributions.
The returns themselves can change. JustLend currently retains 20% of staking rewards and distributes the remaining 80% to sTRX holders, but Tron Inc. has warned that changes to protocol parameters could alter yields, fees, or redemption terms. The company has no separate agreement with JustLend beyond the protocol’s standard terms.
That leaves much of Tron Inc.’s treasury exposed to both TRX and the infrastructure used to generate returns from it. The company also said its treasury tokens are uninsured, meaning losses from an exploit or other failure may not be recoverable.
That concentration is reflected in the wider balance sheet. Tron Inc. held $9.5 million of cash and a separately classified $10.05 million affiliate prepayment at June 30, compared with $233.8 million of digital assets.
As a result, changes in TRX prices, JustLend operations, or the process for converting sTRX back into native TRX can have an outsized effect on the company’s financial position.
The post Tron Inc. put over 90% of assets behind an uninsured JustLend dependency as its TRX treasury kept growing appeared first on CryptoSlate.
Bitcoin financial services firm Fold could address its Nasdaq share-price problem through a potential reverse split, but the company’s shrinking Bitcoin reserve raises a separate question about how it will fund operations.
The company’s Aug. 11 quarterly filing reported that, as of June 30, Fold held 194 BTC worth $11.4 million in its investment treasury after selling 832 BTC during the six months ended June 30.
On that same date, it held another 77 BTC worth $4.5 million in a rewards treasury, but that balance was matched to a Bitcoin-denominated customer rewards liability. The combined total was 271 BTC, though the two buckets were not economically interchangeable.

A reverse stock split could lift Fold’s nominal share price without raising cash, issuing new shares, or consuming Bitcoin. That could help the company regain Nasdaq compliance, but it would not pay operating expenses. Fold reported a $15.6 million operating loss for the first six months of 2026, making dilution and further use of the investment treasury possible financing risks, not necessary outcomes.
Fold sold 200 BTC for $14.4 million in February and 632 BTC for $44.7 million in June. It used $20 million of the June proceeds to repay its Bitcoin-backed credit facility and retained the remaining $24.7 million as cash.
Those sales were separate from the return of 500 BTC to an investor when an earlier note was extinguished. That transfer did not generate sale proceeds and is not part of the 832 BTC sold during the half.
Fold reported $28.4 million in cash and cash equivalents at June 30. The company also raised additional liquidity by selling about 5.82 million shares for $7.5 million under its equity facility during the first half. Fold has not said how it would cover future cash needs without returning to stock sales or using more of the investment treasury.
Nasdaq notified Fold on July 14 that its shares had closed below the exchange’s $1 minimum for 30 consecutive business days. The notice had no immediate effect on the listing and gave Fold an initial cure period through Jan. 11, 2027.
To regain compliance, Fold’s shares must close at or above $1 for at least 10 consecutive business days, or longer if Nasdaq requires. The company may qualify for another 180-day period if it meets the exchange’s other conditions.
Fold is seeking shareholder authority for a reverse split ranging from 1-for-2 to 1-for-50. Its filing does not say that a ratio has been selected or that a split has been implemented. If Fold uses that authority, the maneuver could address the bid-price requirement without changing the company’s underlying cash position.
The downside risk remains conditional. Under Fold’s February investor-note terms, an actual failure to maintain its Nasdaq listing would constitute an event of default on the $13 million note. The current deficiency notice is not a delisting and did not itself trigger that provision.
Fold could therefore restore compliance without selling Bitcoin or raising equity if its stock recovers or a reverse split takes effect. What remains unanswered is how the company will fund continuing operations while protecting the 194 BTC it reported in its investment treasury as of June 30.
The post After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasury appeared first on CryptoSlate.
eToro’s users executed 1.4 million crypto trades in July, down 73% from a year earlier. The average amount invested per trade halved to $182. In the same Aug. 11 update, the trading platform agreed to pay consideration of up to $231 million for TradeZero. TradeZero is a US-focused brokerage serving active stock traders.
The combination is consistent with eToro expanding from a profitable multi-asset base, not a company in broad distress. It does not establish that the crypto decline motivated the acquisition.
Meanwhile, the July slowdown followed a second quarter in which eToro’s net contribution rose 9% to $229 million. GAAP net income increased 77% to $53 million. Therefore, the filing indicates that stronger equity trading helped offset weaker crypto contribution. Management separately cited unquantified strength in CopyTrading.
However, eToro’s crypto accounting requires care. It reported $1.346 billion of second-quarter cryptoasset revenue, but that was a gross figure rather than segment profit. The company also booked $1.354 billion of cryptoasset cost of revenue and $19.7 million of net trading income from cryptoasset derivatives.
Taken together, those figures imply approximately $12.5 million of net trading contribution from cryptoassets, excluding net blockchain-reward and staking contribution. That calculated contribution measure is recorded before operating overhead. It should not be read as segment profit.

Under the acquisition agreement, eToro expects to pay cash and issue up to 2.5 million new Class A shares. Aggregate consideration could reach $231 million, subject to customary purchase-price adjustments.
Separately, TradeZero generated approximately $80 million of revenue in the 12 months ended June 30. It recorded an 81% gross margin in the second quarter, according to eToro. The target brings broker-dealer infrastructure, proprietary trading tools and a community centered on active stock trading.
In addition, eToro said TradeZero gives it a faster route to new US products. The company expects the transaction to add to adjusted earnings per share in the first year after completion. It expects the deal to close in the first half of 2027, subject to regulatory approvals and other customary conditions.
Even so, that stated US-expansion rationale is different from abandoning crypto. In April, eToro announced an agreement to acquire Zengo, a crypto wallet provider. The move would deepen its self-custody and on-chain capabilities as eToro continues to broaden traditional-market infrastructure.
Finally, eToro reported $1.2 billion in cash, cash equivalents and short-term investments at June 30. TradeZero still requires regulatory clearance and integration. If completed as planned, the brokerage could reduce eToro’s dependence on any single asset class. That potential benefit remains conditional on closing the transaction and absorbing the business successfully.
The post As retail crypto trades collapse 73%, eToro drops $231 million to capture active US stock traders appeared first on CryptoSlate.
XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market.
Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the US presidential election.
The move unwinds one of the most important thresholds from XRP’s post-election rally. The token first crossed $1 on Nov. 16, 2024, less than two weeks after the election, before accelerating to a peak of $3.42 in July 2025.
Since then, the broader crypto market downturn has erased much of that advance, while XRP’s exchange activity increasingly points to sellers controlling the near-term trade.
The shift in XRP positioning is most visible in the derivatives market, where traders are rebuilding exposure even as order flow continues to favor sellers.
CryptoQuant data showed Binance’s seven-day change in XRP open interest swung from about -13% on Aug. 1 to 7.4% by Aug. 11, a reversal of more than 20 percentage points. The move suggests traders have begun adding leveraged positions again after cutting exposure at the start of the month.
CryptoQuant analyst JA Maartunn separately highlighted the speed of that rebound, noting that XRP open interest had increased by another $171 million, or 20.5%, according to the data he tracked.
However, the additional leverage has yet to translate into stronger buying pressure.
Binance’s perpetual cumulative volume delta, or CVD, fell from roughly -$251 million at the beginning of August to -$349.5 million by Aug. 11.

The metric measures the balance between market-buy and market-sell orders, with increasingly negative readings showing that sellers are crossing the spread more aggressively than buyers.
A similar deterioration has emerged in the spot market. CryptoQuant’s estimated CVD across centralized exchanges dropped from approximately $193 million to -$34.3 million over the same period. This represents a reversal of about $227 million.
CoinGlass's XRP positioning data further reinforces that bearish tilt.
XRP’s long-to-short account ratio stood at 0.8432 as the token traded near $1, implying that roughly 45.7% of positioned accounts were long compared with 54.3% that were short.
Taken together, the data show that leverage is returning while executed trades remain skewed toward selling.
Rising open interest alone does not reveal whether traders are adding longs or shorts because every derivatives contract has counterparties on both sides.
But its increase alongside deteriorating spot and perpetual CVD indicates that fresh exposure is entering a market where sellers continue to dictate short-term order flow.
Bearish positioning has developed in a derivatives market that remains much smaller than it was during XRP’s stronger periods earlier this year.
CoinGlass showed XRP futures open interest around $2.69 billion Tuesday, while 24-hour futures turnover was roughly $2.17 billion.
By comparison, XRP derivatives volume reached $5.93 billion on Jan. 5, when open interest stood around $3.86 billion. As recently as Aug. 5, futures volume had fallen to approximately $1.35 billion and open interest to about $2.25 billion.

Tuesday’s pickup in activity therefore does not erase the broader contraction. Open interest is recovering from recent lows, but the market is doing so from a substantially smaller base than at the beginning of 2026.
That decline in liquidity has become a concern for some XRP traders.
XRP commentator Vincent Van Code warned before the break below $1 that Binance’s 24-hour XRP volume had fallen to about $68 million from levels above $1 billion. He argued that thinner order books could allow comparatively small sell orders to move the market further than they would during periods of deeper liquidity.
Van Code estimated that roughly $4 million of sell orders could push XRP toward 95 cents under the order-book conditions he observed, potentially forcing leveraged longs to close.
His broader liquidity concern is consistent with the contraction visible in XRP derivatives activity, where less trading depth can increase price impact when a rush of market orders arrives.
That is particularly relevant after the loss of $1. The threshold had served as both a psychological marker and a reference point for traders attempting to identify a bottom after XRP’s prolonged decline.
The market weakness has also coincided with a security scare involving infrastructure connecting the XRP Ledger to Coreum.
On Aug. 9, the XRP Ledger (XRPL) account used by the Coreum bridge sent 199,916.3 XRP to two newly created wallets across 94 payments, reducing its balance from roughly 200,000 XRP to just 493.5 XRP, an investigation by XRPL.to found.
An initial warning circulating within the XRP community blamed the loss on “rippling,” a feature involving issued assets and trust lines on the XRP Ledger. That explanation quickly raised fears that the problem could involve the ledger itself.
However, subsequent analysis pointed elsewhere.
XRPL.to found that native XRP could not have moved through the mechanism described in the warning and that all 94 outgoing payments were authorized by the bridge’s own multisignature arrangement.
Its reconstruction instead traced the incident to relayer software that treated transactions between the attacker’s own wallets as legitimate deposits, allowing unbacked bridge balances to be created and later redeemed for XRP.
The analysis therefore points to a flaw in the Coreum bridge logic rather than a vulnerability in native XRP or the XRP Ledger.
Still, the episode landed at an awkward time. With XRP already sliding toward $1 and traders showing increasingly defensive positioning, the initial alarm added another source of concern around an ecosystem whose token price was already struggling to find buyers.
Despite the bearish positioning across XRP’s spot and derivatives markets, the token continues to show signs of institutional demand and broader ecosystem expansion.
US-listed XRP investment products have continued attracting capital even as the token’s price weakened.
The funds recorded $81.59 million of inflows in April, $131.94 million in May, $59.46 million in June, and $27.29 million in July, extending their monthly inflow streak to four months.
Those additions totaled just over $300 million and lifted cumulative inflows into the products to roughly $1.5 billion.
At the same time, Santiment data shows that wallets holding more than 1 million XRP tokens increased by 32 during the last three months.

This suggests that demand through regulated investment vehicles and whale interest has remained resilient even as exchange traders have become increasingly defensive.
Moreover, Ripple has also continued expanding its regulatory footprint.
The firm recently secured full authorization as a crypto-asset service provider under the European Union’s MiCA framework in July. This allows it to offer covered crypto services across the European Economic Area.
Beyond that, the XRPL is expanding its role in tokenized finance. A newly introduced proposal would allow institutions to encrypt token balances and transaction amounts while granting issuers, auditors, and regulators selective access to the underlying data.
The network already ranks among the top 10 blockchains for tokenized real-world assets, with more than $4 billion in total value locked.
These developments may not translate directly into demand for XRP, but they highlight a widening gap between the token’s weak near-term market structure and the continued growth of regulated and institutional activity around its ecosystem.
The post XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen appeared first on CryptoSlate.
CFTC Chair Michael Selig said on Aug. 4 that the agency has crypto rule proposals ready and plans to finalize them before the current administration ends, regardless of whether Congress passes the CLARITY Act.
SEC Commissioner Hester Peirce has separately said the SEC can keep pursuing meaningful crypto rulemaking even if Congress fails to act.
The Senate left CLARITY untouched before its August recess, and Majority Leader John Thune has filed cloture on a motion to proceed, setting up a procedural vote around Sept. 15 that would require 60 votes to advance the bill.
The House already passed its own version of CLARITY, 294-134, last July.
| Track | What is happening | Timeline | Why it matters |
|---|---|---|---|
| CFTC | Says crypto rule proposals are ready and will move forward even without CLARITY | Aug. 4 onward | Shows regulators are not waiting for Congress |
| SEC | Says it can continue crypto rulemaking if Congress fails to act | Ongoing | Builds a parallel regulatory path |
| Senate | CLARITY left until after recess; cloture vote expected | Around Sept. 15 | First major post-recess test; needs 60 votes |
| House | Passed its version of CLARITY 294-134 | July | Shows bipartisan momentum, but not final law |
| Market | Bitcoin remains legally clearer than most crypto assets | Current | BTC is less exposed than token issuers, exchanges, and DeFi |
SEC Chair Paul Atkins unveiled the SEC's Regulation Crypto Assets framework in March and said only Congress can ensure regulation in this area is future-proofed, describing agency rulemaking as merely a head start on legislation.
He made the same point in November 2025, saying there is no stronger tool for future-proofing crypto regulation than statutory language from Congress.
The SEC and CFTC already issued a joint interpretation in March stating that most crypto assets are not themselves securities, along with a token taxonomy covering staking, mining, wrapping, and airdrops.
The CFTC formally joined that interpretation to administer the Commodity Exchange Act consistently with it.
The CFTC approved the first US Bitcoin perpetual futures contract in May, and Selig has directed staff to draft rules for leveraged retail crypto transactions and a purpose-built exchange registration category.
The SEC has its own meeting scheduled for Aug. 14 to consider proposing a dedicated offering regime for certain crypto investment contracts.
The SEC's April staff statement on crypto interfaces describes itself as an interim step and says it will automatically be considered withdrawn five years out absent Commission action.
The March SEC-CFTC interpretation is more durable than a staff memo, but the SEC's release says the Commission may refine, revise, or expand it as its understanding changes.
Interpretations also lost some legal shelter once the Supreme Court's Loper Bright decision ended judicial deference to agency readings of ambiguous statutes.
| Policy tool | Example from the article | How durable is it? | How a future administration could change it |
|---|---|---|---|
| Staff statement | SEC April crypto-interface statement | Low | Withdraw, replace, ignore, or let expire |
| Agency interpretation | March SEC-CFTC token taxonomy | Medium-low | Refine, revise, expand, or defend in court |
| Formal rule | SEC offering regime or CFTC derivatives rules | Medium-high | Must go through notice-and-comment reversal |
| Statute | CLARITY Act | Highest | Requires Congress to amend or repeal |
A completed rule from the SEC's Aug. 14 proposal or the CFTC's derivatives framework would require the next administration to go through the same notice-and-comment process to undo.
Courts review those reversals under the arbitrary-and-capricious standard the Supreme Court has applied to agency rule changes for decades.
Statute sits at the top, and nothing below it gets close. A new SEC or CFTC chair cannot rewrite the CLARITY Act by press release or staff memo.
The CFTC already regulates crypto derivatives, which is why it could move quickly on Bitcoin perpetual futures and on retail-leverage rules. Its authority over ordinary spot digital commodity markets is far narrower.
The agency has repeatedly said that, absent legislation, it holds anti-fraud and anti-manipulation enforcement authority over spot crypto markets but lacks broad day-to-day regulatory authority over them.
Selig can regulate crypto aggressively inside the authority Congress already gave the CFTC, but only legislation would create additional authority.
Bitcoin trades in the mid-$60,000s and already carries the strongest commodity treatment and the deepest base of regulated derivatives of any crypto asset. A stalled CLARITY vote does not threaten its basic legal status the way it does for token issuers and exchanges still waiting on clear rules.
The real Bitcoin question comes down to whether delayed legislation limits how much regulated leverage, institutional custody and bank-facing infrastructure can build up around it while agencies work with the authority they already have.
The bull case has the Sept. 15 cloture vote clearing 60 votes and Senate negotiators resolving the ethics, stablecoin and jurisdictional disputes that have stalled the bill.
Congress locks in the CFTC's spot-market authority and draws a clear line between the SEC's and the CFTC's jurisdiction before the midterms consume the calendar. Institutional allocation, exchange compliance, and Bitcoin's market depth all gain the durability that only a statute can provide.
The bear case has the vote falling short, or clearing procedurally only to die in negotiations afterward.
| Scenario | What happens | Regulatory result | Bitcoin impact | Bigger market impact |
|---|---|---|---|---|
| Bull case | Sept. 15 vote clears 60 votes; Senate resolves disputes | CLARITY advances and CFTC spot-market authority is locked into statute | Stronger institutional confidence, deeper regulated market structure | Exchanges, custodians, and compliant token projects gain clearer rules |
| Bear case | Vote fails or stalls in negotiations | SEC and CFTC rely on interpretations, exemptions, and piecemeal rules | BTC remains the least legally fragile major asset, but infrastructure growth is slower | Altcoins, staking, DeFi, and token issuers keep a legal-risk discount |
The SEC and CFTC continue to govern crypto through interpretations, exemptive orders, and piecemeal rules, and the next election becomes the real test of how much of that survives.
Bitcoin still fares better than most crypto assets given its existing commodity treatment, but altcoins, staking services, and DeFi platforms continue to carry a legal-risk discount that only Congress can remove.
Only Congress can make permanent the rulebook written by regulators.
The post SEC and CFTC plans to write crypto rules without Congress – but they can’t make them permanent appeared first on CryptoSlate.
There is a proposal circulating among Bitcoin developers that would, if adopted, make roughly a third of all Bitcoin permanently unspendable. Not stolen. Not confiscated by a government. Simply frozen by the rules of the network itself, including an estimated 1.7 million coins widely believed to belong to Bitcoin's anonymous creator.
The proposal is not a fringe idea. It was authored by a group including Jameson Lopp, a co-founder of the custody firm Casa and one of the most established security researchers in the field. It has a formal number in Bitcoin's official proposal system. And it exists because of a threat that has moved, over the past eighteen months, from a distant theoretical concern to something developers now treat as a scheduling problem.
This piece explains what is actually being proposed, why the threat is considered credible, and why the proposed cure is more contested than the disease.
Bitcoin developers publish formal change proposals in a numbered system. Each one is called a Bitcoin Improvement Proposal, abbreviated BIP. A number does not mean a proposal is approved or scheduled. It means the idea has been documented in a standard format so the community can examine it. Most BIPs are never adopted.
Two of them matter here, and they work in sequence.
The critical detail, and the one most coverage skips: BIP-361 cannot function until BIP-360 is activated first. The deadline clock only begins after the safe destination exists.
To follow the argument, one piece of technical vocabulary is unavoidable.
Every $Bitcoin wallet holds two mathematically linked numbers. The private key is the secret that authorizes spending. The public key is derived from it and can be shared safely. The relationship runs one way: deriving the public key from the private key is trivial, while working backwards from the public key to the private key would take a conventional computer longer than the age of the universe.
That one-way property is what secures Bitcoin. It is also precisely what a sufficiently powerful quantum computer would dismantle. Quantum machines can run algorithms that make this reverse calculation practical rather than impossible.
The vulnerability therefore depends on a single question: has the public key ever been revealed on the blockchain?
For most modern addresses, it has not. The address you share is a scrambled shortened version of the public key, and the key itself only becomes visible at the moment you spend from that address. But two categories of coin are permanently exposed. The first is Bitcoin's oldest address format, used in 2009 and 2010, which published the raw public key directly on the chain. The second is any address that has been used to spend and then received funds again, a habit known as address reuse, which is still common and which permanently exposes the key.
There is a further problem that makes detection unreliable. An attacker who broke a key would not need to spend immediately. The proposal's authors describe a scenario in which private keys are computed quietly and funds are drained gradually over weeks or months, specifically to avoid alerting anyone. Under that scenario, the industry might not learn a quantum attack had begun until long after it did.
The proposal's own figure is that as of 1 March 2026, more than 34 percent of all Bitcoin had revealed a public key on the blockchain. A Google-commissioned study puts the total at approximately 6.7 million BTC sitting in quantum-vulnerable addresses.
Within that total, roughly 1.7 million coins sit in the oldest address format from Bitcoin's first two years. These are widely believed to include Satoshi Nakamoto's holdings. They have never moved. If the keys are lost, as is generally assumed, no migration is possible, because there is nobody left to perform it.
At current prices, the exposed supply is worth somewhere in the region of $425 billion. That figure is what turns a cryptography question into a market question. A successful attack would not only transfer those coins to an attacker. It would introduce enormous unexpected supply and, more damaging still, demonstrate that Bitcoin's security guarantee had failed.
No machine capable of this exists today. That point deserves emphasis, because the topic attracts considerable exaggeration.
What has changed is the shape of the estimates. McKinsey's research places the arrival of a cryptographically relevant quantum computer, meaning one actually powerful enough to break this class of encryption, as early as 2027 to 2030. Expert surveys put the probability of arrival before the late 2030s at above 50 percent.
The more significant shift is in software rather than hardware. Google's security researchers have tracked improvements in quantum algorithms of up to twentyfold, which lowers the amount of physical hardware an attacker would need. In other words, the target is moving closer even in periods when quantum computers themselves are not improving quickly.
The standards bodies have already responded. The US National Institute of Standards and Technology finalized three post-quantum cryptography standards in 2024, giving the industry approved replacement algorithms to build on. Bitcoin's difficulty is not the absence of a solution. It is that no major blockchain has completed a migration of this kind, and Bitcoin's governance is deliberately designed to make change slow.
BIP-361 sets out three phases. The following table reflects the proposal text directly.
Phase | What happens | Timing |
|---|---|---|
A | Funds can no longer be sent to old vulnerable addresses. They may only be sent from old addresses to new quantum-safe ones. Existing coins remain spendable. | 160,000 blocks, roughly 3 years, after activation |
B | Signatures from the old system stop being valid. Coins that have not migrated can no longer be spent at all. | 2 years after Phase A, so roughly 5 years after activation |
C | A proposed recovery route for frozen coins, using a cryptographic proof that you hold the original wallet recovery phrase, without revealing it. | Undefined, pending further research |
Phase C is the part that determines how severe this actually is, and it is also the least developed. If it works, holders with their recovery phrase could unlock frozen funds even after the deadline, and the freeze becomes a strong inconvenience rather than a permanent loss. If it does not, Phase B is final. The proposal explicitly lists Phase C as pending research, demand, and consensus.
One activation detail is worth noting for anyone tracking timelines. The proposal specifies that miner signalling would not begin before 1 January 2027, and would require 90 percent support. That is a deliberately high bar. For comparison, the BIP-110 proposal that reached its signalling window this August has attracted under 2 percent miner support.
Because it collides directly with Bitcoin's central promise.
The phrase "not your keys, not your coins" expresses the idea that possession of the private key is absolute and that no authority can interfere with your funds. BIP-361 proposes that the network itself decide certain coins can no longer move. Critics argue this is confiscation in effect even if not in form, since the coins are not transferred to anyone else, and that the precedent is more dangerous than the threat it addresses. If the network can render one category of output unspendable for a good reason, the mechanism exists to do so again for a worse one.
There is also a legitimate question of authority. Who determines what counts as vulnerable, and on what timetable? Bitcoin has no chief executive and no foundation empowered to ship a consensus change. The last one, Taproot, activated in November 2021, and nothing has changed the rules since.
This is why the debate has shifted from cryptography to governance. The underlying question is whether a system engineered specifically to resist change can agree on a significant upgrade before it becomes urgent.
Supporters frame the choice as one between two bad outcomes rather than between a bad outcome and a clean one.
Their central argument is that doing nothing does not preserve the vulnerable coins. It hands them to whoever reaches quantum capability first. The proposal describes three possible approaches: allow anyone to take vulnerable coins, allow them to be taken gradually, or allow nobody to take them. There is no fourth option in which the coins simply remain safe. Freezing, on this reading, preserves ownership rather than removing it, particularly if the Phase C recovery route is built.
A second argument concerns attacker motivation. An economically motivated attacker would want to stay hidden and extract value quietly. A politically motivated one might simply want to destroy confidence in Bitcoin. Since it is impossible to know which you face in advance, the authors argue the defensive position has to be established well before any attack.
A third argument is about time. Coordinating wallet providers, exchanges, hardware manufacturers and custodians has historically taken years in Bitcoin. A fixed, published deadline is what converts a collective problem everyone can defer into a private one each participant has to solve. That is the proposal's actual mechanism: it does not force anyone to do anything today, but it removes the option of indefinite delay.
Nothing is required today. BIP-361 is a draft. It has not been activated, it depends on a prerequisite that has not been activated either, and signalling could not begin before 2027 under its own terms. Anyone claiming holders must act immediately is misinformed or selling something.
That said, the direction of travel is clear enough to justify a few observations.
Coins held in modern address formats that have never been spent from are not currently exposed, because the public key has not been published. Address reuse is the practice that converts a safe address into an exposed one, and it remains a reasonable habit to avoid regardless of quantum considerations. Holders using custodial services or exchange-traded products face an institutional question rather than a personal one, since the migration burden would fall on the custodian.
The more consequential point is for the long term. Any Bitcoin intended to sit untouched for a decade or more, including inheritance arrangements and long-dated corporate treasury positions, now carries a migration requirement that did not exist two years ago. Estate planning that assumes a seed phrase in a safe will remain sufficient indefinitely may need revisiting.
Three markers will indicate whether this moves from debate to implementation.
The most likely outcome over the next two years is neither adoption nor rejection, but continued deadlock while the estimated arrival of quantum capability draws closer. That is an uncomfortable position, and it is the one Bitcoin currently occupies.
Only two of the ten largest cryptocurrencies are in the green for 2026, and neither of them is $Bitcoin or $Ethereum. $TRON is up 18 percent on the year and Hyperliquid has almost doubled, while Bitcoin sits 27 percent lower and $XRP has lost 45 percent of its value since January.
Today's tape hides all of it. July inflation data landed exactly where economists expected, Bitcoin held the low $63,000s, and almost every large-cap token finished the last 24 hours within one percent of where it started. The daily numbers are flat. The yearly ones are not.
Here is where the ten largest non-stablecoin assets stand right now.
| # | Asset | Price | 24h | 7d | YTD | Market Cap |
|---|---|---|---|---|---|---|
| 1 | Bitcoin (BTC) | $63,433.52 | -0.52% | -1.63% | -27.52% | $1.27T |
| 2 | Ethereum (ETH) | $1,889.76 | +0.86% | +0.70% | -36.31% | $228.06B |
| 3 | BNB | $609.66 | +0.32% | +1.22% | -29.37% | $81.18B |
| 4 | XRP | $1.00 | +1.29% | -5.14% | -45.12% | $63.28B |
| 5 | Solana (SOL) | $75.62 | +0.56% | +2.17% | -39.25% | $44.05B |
| 6 | TRON (TRX) | $0.3357 | +0.27% | +2.50% | +18.10% | $31.85B |
| 7 | Hyperliquid (HYPE) | $55.81 | +2.59% | +2.66% | +119.48% | $14.1B |
| 8 | Dogecoin (DOGE) | $0.07063 | +0.65% | +0.95% | -39.78% | $10.98B |
| 9 | UNUS SED LEO | $9.13 | -2.97% | -6.34% | -4.96% | $8.4B |
| 10 | Zcash (ZEC) | $487.78 | +2.48% | +6.06% | -4.82% | $8.2B |
Three things jump out. Hyperliquid is up almost 120 percent on the year while the rest of the majors sit deep in the red. TRON is the only other green YTD name in the top 10, quietly compounding an 18 percent gain on steady network usage rather than narrative. And XRP is the worst performer of the group, down more than 45 percent since January and now sitting on the $1.00 handle.

Because the inflation print gave traders nothing to trade. July CPI came in precisely in line with consensus, with the headline index rising 0.1 percent month over month and 3.4 percent year over year. Bitcoin briefly tested support near $63,200 ahead of the data amid a flush of leveraged longs before recovering into the mid-$63,000s.
That was roughly the expected outcome. Options markets had priced only limited moves going into the print, around 1.3 percent for Bitcoin, signalling that most participants anticipated a contained reaction rather than a breakout. An in-line number leaves Federal Reserve expectations exactly where they were, which means the market now has to wait for September.

The one real shift came a few days earlier. July payrolls fell by 23,000 against forecasts for an 80,000 gain, and traders responded by pricing out a September rate hike. That is a meaningfully less hostile macro backdrop than crypto has traded against for most of 2026.
Two completely different stories.
XRP is the most leveraged name in the top 10 right now, and that makes it the most dangerous one. Open interest in XRP futures climbed to 2.67 billion XRP, worth about $2.73 billion, the highest since October, up from 2.25 billion at the start of the month.
Rising open interest into a falling price usually points to fresh short positioning rather than long liquidation. At the same time, whale addresses have accumulated more than 380 million XRP, taking their combined holdings to roughly 13 percent of total supply. That sets up a binary: a break above the $1.06 retracement level could squeeze shorts toward $1.21, while losing $1.00 opens the path back to the $0.99 swing low. Today's in-line CPI resolved nothing, so the setup stays live.

September is the month that matters.
The market is in a holding pattern, and it has a date on the calendar for when that ends. Inflation is behaving, the labour market is softening enough to take a rate hike off the table, and institutional flows have turned positive for the first time in months. None of that is enough to break Bitcoin out of the $60,000s on its own.
What could is the September combination of a CLARITY Act vote and an FOMC decision landing within days of each other. Until then, the interesting action stays where it has been all year: in privacy assets that trade on their own narrative, and in protocols like Hyperliquid where token supply mechanics matter more than the macro tape.
Litecoin trades at around 45.27 USD on 12 August 2026. That leaves the price 65.4 per cent below its 12-month high of 130.97 USD and only 10.8 per cent above its 12-month low of 40.85 USD. Anyone buying today is buying one of the oldest crypto assets close to its yearly floor. Is that an entry price or a trap?
The price data in this article was collected by cryptoticker.io on 12 August 2026. Market data comes from CoinMarketCap. We used 365 daily closing prices up to and including 11 August 2026 and calculated the moving averages, the relative strength index and the 12-month extremes ourselves, using the standard formulas: exponential smoothing for the averages and Wilder's method for the RSI. Every figure can be checked against the same source.
The Litecoin price sits at 45.27 USD, inside a zone it has barely left for weeks. Over seven days it moved by 1.0 per cent, and the daily closes of the past week ranged between 44.83 USD and 45.98 USD. That is a narrow band for a market accustomed to double-digit daily swings.

Three levels frame the situation. Support lies at the 12-month low of 40.85 USD from 26 June 2026, 10.8 per cent below the current price. The current zone is marked by the 50-day average at 45.68 USD, which the price is touching from below with a gap of 0.9 per cent. Above it sits the 200-day average at 56.45 USD, 19.8 per cent away. Between the two, the past twelve months show no meaningful resistance.
Over one year the price is down 62.4 per cent, over 90 days 20.5 per cent, while the past 30 days show a gain of 3.0 per cent. Downward pressure has eased without turning into a recovery. At roughly 3.51 billion USD in market capitalisation, Litecoin ranks 23rd among crypto assets. How that fits into longer-term scenarios is set out in our Litecoin price prediction.
A downtrend counts as technically broken once the price sets a higher low and then clears a previous interim high. For Litecoin the first condition is partly met and the second is not. The price has gained since the low of 40.85 USD on 26 June 2026, yet a new local high is missing.

The pattern therefore points to an interruption rather than a break. After the decline from 130.97 USD in August 2025 to 40.85 USD in June 2026, what follows is a sideways phase at a low level. Such phases tend to form when sellers have largely worked through their positions and buyers see no reason to commit. The resolution remains open in both directions.
Two levels make the question testable. If the price falls below 40.85 USD and closes there for several days, the bottoming process is disproved and the downtrend confirmed. If it rises above the 200-day average of 56.45 USD and holds, the trend would be broken for the first time in a year. The price currently sits between those values.
The 14-day relative strength index stands at 48.1, in the middle of its scale. Readings below 30 count as oversold and as a hint of a technical rebound, readings above 70 as overbought. For an entry that means no tailwind from an extreme reading, and no purchase into an overheated move either.
The position of the two averages relative to each other says more. The 50-day average at 45.68 USD lies well below the 200-day average at 56.45 USD. That reflects a weaker trajectory over recent months and is commonly read as an intact downtrend. It would resolve only once the 50-day value crosses the 200-day value from below. For that, the 50-day average would have to climb roughly 24 per cent, so the market is a long way from that point.
Two defensible readings follow from the same data. Investors working against the cycle see a price close to the yearly low and a neutral RSI as an opportunity to build a position gradually. Trend-following investors wait for the crossover and pay a higher entry price for that confirmation.
Litecoin worth around 137 million USD changed hands over the past 24 hours. The 30-day average stands at about 202 million USD and the 90-day average at roughly 235 million USD. Current turnover is therefore close to a third below the monthly average.
Falling volume alongside a stable price cuts both ways. It shows that selling pressure has eased, because a sell-off requires turnover. It also shows that little fresh capital is arriving. A floor built on thin volume carries less far than one formed under high turnover, because fewer market participants have confirmed it.
The ratio of daily turnover to market capitalisation is around 3.9 per cent. That is enough to trade sizeable amounts without moving the price much, which keeps the cost of a later exit calculable. Sentiment supports the picture: the Fear and Greed Index stands at 37 points, inside the fear range. Buying opportunities have historically appeared more often during phases of fear, though the index says nothing about how long such a phase lasts.
Supply mechanics are the most solid point. Litecoin is capped at 84 million units, with around 77.49 million in circulation. Just over 92 per cent of the supply has been issued, leaving roughly 6.51 million units for the decades ahead. The issuance rate halves about every four years; the last halving cut the block reward to 6.25 Litecoin in August 2023, and the next one is expected in 2027. Where no fixed ceiling exists, the number can be raised later; here it cannot.

Technically, Litecoin is an early variation on the design set out in the Bitcoin white paper. Block time is about 2.5 minutes rather than ten, which speeds up confirmations. The network has run since 2011 without an extended outage, a record few assets in this segment can show.
Regulation favours Litecoin partly because of its age. The asset existed long before most of today's rule books, and it has no issuing company and no foundation distributing proceeds. In the European Union the regulation on markets in crypto-assets has applied in full since the end of 2024, and its implementation is overseen by the European Securities and Markets Authority. Litecoin is listed at almost every regulated venue, as our comparison of regulated crypto exchanges shows.

Litecoin trades at practically every major exchange. The cost comes in two parts. The stated trading fee at European venues ranges from about 0.1 to 1.5 per cent depending on the model, and on top of it comes the spread between buying and selling price, which is often wider than the fee itself where no open order book exists. At a price around 45 USD, one percentage point amounts to roughly 45 cents per unit. How the providers bill for this is set out in our comparison of the best crypto exchanges; our reports on Bitpanda and Kraken cover individual venues in detail.
Custody depends on the investment horizon. For short-term positions an exchange account is practical. Over longer holding periods the calculation shifts, because a balance held at an exchange belongs to you economically while sitting technically in someone else's custody. Your own wallet resolves that question and moves the responsibility to you, including safekeeping of the recovery phrase. Which devices are suitable is covered in our hardware wallet comparison.
Tax treatment differs by country, and in several European jurisdictions it depends on how long the position is held. Record purchase dates and acquisition costs from the outset, and clarify your own case with a tax adviser before it becomes relevant.
Over the short term the counterarguments dominate. The price sits below both moving averages, the RSI of 48.1 gives no signal, and volume is falling. Investors betting on a quick move find no basis for it in this data. On a horizon of a few weeks, a continuation of the range between 40.85 USD and the zone around the 50-day average of 45.68 USD is the realistic case.
Over the long term the arithmetic looks different. A network that has run since 2011, whose supply is more than 92 per cent issued and whose issuance rate halves again in 2027, rests on a comprehensible foundation. A price of 45.27 USD, close to the 12-month low of 40.85 USD, already reflects part of the weak demand. Building a position in tranches spreads the risk of missing the floor across several points in time.
This assessment counts as disproved if the price posts several daily closes below 40.85 USD, because the bottoming process would then have failed. It would be confirmed if the price reclaims the 200-day average of 56.45 USD while volume rises above the monthly average of roughly 202 million USD. Both conditions can be checked against the same public data this article is calculated from. Which amount is defensible for you depends on your personal circumstances.
Disclosure: Some of the providers mentioned in this article work with us through partner programmes. This has no influence on the price analysis or on our assessment of the chart situation; the price data comes from a public market data source and can be verified there.
(As of 12 August 2026. This article is not investment advice. Prices, fees and terms change; check them with the provider before every purchase. Crypto assets are subject to high price volatility and a total loss is possible.)
Transparency note: This article was produced with the assistance of artificial intelligence and reviewed by our editorial team before publication. All figures and claims were checked against the primary sources linked in the text. The feature image was generated with AI.
Polkadot trades at around 0.79 US dollars on 12 August 2026. That is 82.5 percent below the twelve-month high of 4.54 US dollars set on 19 September 2025, and only 4.8 percent above the twelve-month low of 0.76 US dollars from 28 July 2026. The price sits closer to its yearly low than to any other reference point of the past twelve months. Is Polkadot a good buy at current prices, or is this a downtrend that still has further to run?
cryptoticker.io compiled the price data for this analysis on 12 August 2026. The market data comes from CoinMarketCap, and we evaluated the daily closing prices of the past 365 trading days up to and including 11 August 2026. The indicators are calculated with standard formulas: the 200-day average and the 50-day average as exponentially weighted means, the RSI over 14 days according to Wilder. Every value changes with each trading day.
The Polkadot price of 0.79 US dollars sits below both moving averages. The 200-day average stands at 1.36 US dollars and therefore 41.6 percent above the current price. The 50-day average stands at 0.86 US dollars, which DOT would have to gain 7.6 percent to reach. The nearest level to the downside is the twelve-month low of 0.76 US dollars, which the price touched on 28 July 2026.

The range of the past 30 trading days is narrow: all trading has taken place between 0.76 and 0.86 US dollars. For an asset that has lost 79.5 percent over twelve months, that counts as a quiet phase.
The medium-term changes show how young this calm is. Over seven days DOT is down 6.1 percent, over 30 days 4.7 percent, and over 90 days the decline adds up to 40.4 percent. Most of the damage was done in the spring and early summer of 2026 rather than in recent weeks. With a market capitalisation of 1.35 billion US dollars, Polkadot ranks 45th among the largest crypto assets by market value. Where the price could go from here is something we track continuously in our Polkadot price prediction.
A downtrend counts as broken once the price leaves a sequence of lower highs and lower lows and establishes itself above the medium-term average. For Polkadot the first part of that condition is met and the second is not. Since the low of 0.76 US dollars on 28 July 2026 the price has not marked a new trough, and the recovery to 0.86 US dollars in early August was sold off again.

That leaves DOT in a sideways range just above its yearly low. This differs from the free fall of the preceding months, though it does not yet amount to a change of trend. The 50-day average at 0.86 US dollars still runs above the price, and a test of the 200-day average at 1.36 US dollars would require a gain of more than 70 percent.
Two scenarios follow from this data. In the first, the zone around 0.76 US dollars holds and the price works its way back above 0.86 US dollars. In the second, it breaks below the twelve-month low, and from that point the twelve-month chart offers no further support to read from.
The RSI over 14 days stands at 46.2 points. The indicator measures the ratio of price gains to price losses. Readings below 30 are considered oversold and readings above 70 overbought. Polkadot sits in the neutral middle of that scale.
For the entry question this is an uncomfortable position. An RSI below 30 would suggest that selling pressure had exhausted itself. No such reading is present here. The market has digested the sell-off without any buying pressure emerging from it.
The moving averages fill in the picture. As long as the price trades below the 50-day average of 0.86 US dollars, the short-term tendency runs against an entry. The gap of 41.6 percent to the 200-day average of 1.36 US dollars shows how far the price has moved away from its longer-term mean. That gap closes either through a rising price or through a falling average, and the average is falling at present because the high prices of autumn 2025 are dropping out of the calculation window.
Polkadot worth 57.1 million US dollars changed hands over the past 24 hours. Measured against the market capitalisation of 1.35 billion US dollars, that equates to a turnover rate of around 4.2 percent, a figure in the lower middle of the range for assets of this size.
For a buying decision the direction of this measure matters more than its level. A floor that forms on rising volume is considered more durable than one that forms on thin trading: in the first case holdings move from willing sellers to committed holders, in the second the price simply stalls. At Polkadot the narrow range combined with moderate volume points to the second case.
The wider market backdrop fits that reading. The CoinMarketCap Fear and Greed Index stands at 37 points on 12 August 2026 and therefore in Fear territory. Investors are cautious without selling in panic. A gauge of market sentiment says nothing about the prospects of any individual asset.
On the supply side Polkadot differs from crypto assets built around scarcity. Around 1.70 billion DOT are in circulation according to CoinMarketCap, and the data provider lists a maximum supply of 2.10 billion DOT. Roughly 81 percent of that stated maximum is therefore already in the market. New units are created continuously because the network pays rewards to those who lock up DOT to secure it. The project sets out the details in its technical documentation.

For buyers the consequence is straightforward. A holding that is merely held loses relative weight as the total supply grows. Anyone who locks up DOT receives compensation for it, takes on additional risks and ties up the holding for the length of the unbonding period.
On the usage side Polkadot stands for an architecture that connects individual blockchains to a shared security layer instead of asking every chain to build its own. That approach has been competing for years with solutions built on top of Ethereum, and the price history shows that the market currently rates the bet cautiously.
The regulatory environment in the European Union has settled. Trading venues that serve customers in the EU fall under the rules for crypto asset service providers, whose interpretation is guided by the European securities regulator ESMA. For you as a buyer that means the requirements for custody and disclosure have risen. No conclusion about the price of an individual asset follows from it.
First, the valuation measured over twelve months. At 0.79 US dollars you pay 82.5 percent less than at the high of 4.54 US dollars in September 2025. Anyone who considers the architecture viable acquires the same share of the network for a fraction of the price back then.
Second, the support that exists. The twelve-month low of 0.76 US dollars held in July 2026. An entry in this zone can be managed against a clearly defined level below which the assumption would be disproved.
Third, the neutral indicator picture. An RSI of 46.2 points means that neither sellers nor buyers dominate the market. An entry therefore does not chase a move that has already run its course.
First, the intact downtrend. The price trades 41.6 percent below the 200-day average of 1.36 US dollars and 7.6 percent below the 50-day average of 0.86 US dollars. Neither line has been reclaimed. A purchase here bets on a reversal that the chart does not yet show.

Second, the proximity to the yearly low. Only 4.8 percent separate the price from the twelve-month low of 0.76 US dollars. If that level gives way, no further support remains from which to read the next target, and the downside becomes hard to bound.
Third, thin demand. A turnover rate of 4.2 percent shows no surge in buying interest. Without rising volume the attempt at a floor lacks confirmation, while the continuing expansion of supply works against the price.
DOT is listed on all the larger European trading venues. Three items determine what a purchase actually costs: the trading fee per order, the spread between bid and ask, and the cost of a later withdrawal to your own wallet. On small amounts the spread weighs more heavily than the stated fee, because it sits inside the price and does not appear separately on the statement. How the providers rank is set out in our comparison of the best crypto exchanges.
If regulatory status matters to you, the overview of regulated crypto exchanges is worth reading. For the individual venues we publish reviews, for instance on Bitpanda, on Kraken and on Bitvavo. Those reviews show where the respective strengths and weaknesses lie in everyday use.
On custody: holdings kept on an exchange are convenient to trade and depend on the security of the provider. Holdings on your own hardware wallet sit outside that risk, and in exchange you carry sole responsibility for the access credentials. The amount at which the switch becomes worthwhile depends on how long you intend to hold. Our hardware wallet comparison ranks the common devices.
Over a horizon of weeks the data argues against a purchase. The price of 0.79 US dollars trades below both moving averages, the RSI of 46.2 points delivers no buy signal, and trading volume does not confirm the attempt at a floor. Buying here means buying into a trend that still points downwards.
Over a horizon of years the calculation looks different. A discount of 82.5 percent against the twelve-month high of 4.54 US dollars values the project as though the technical bet were already lost. Whether that is accurate will be decided by the usage of the network over several years. Against it stands the supply mechanism, which releases new units continuously and dilutes a passive holding in relative terms.
The assumption of a floor counts as disproved if the price closes below the twelve-month low of 0.76 US dollars on a daily basis. It counts as confirmed if DOT reclaims the 50-day average of 0.86 US dollars and closes above it on rising volume. The test after that would be the 200-day average at 1.36 US dollars. These three levels let you check your own assessment against the market.
Disclosure: Some of the providers mentioned in this article work with us through partner programmes. This has no influence on the price analysis or on our assessment of the chart; the price data comes from a public market data source and can be verified there.
(As of 12 August 2026. This article is not investment advice. Prices, fees and terms change; check them with the provider before every purchase. Crypto assets are subject to high price volatility and a total loss is possible.)
Transparency note: This article was produced with the assistance of artificial intelligence and reviewed by our editorial team before publication. All figures and claims were checked against the primary sources linked in the text. The feature image was generated with AI.
Bitcoin and shares are treated differently for tax purposes, yet in Austria they can meet when losses are offset. The Ministry of Finance states explicitly that gains and losses from cryptocurrencies can in principle be offset against certain other types of investment income. Dividends and realised gains on shares are among them.
That can be of particular interest to investors who sold Bitcoin at a loss while dividend income came in at the same time.
An example:
Where the conditions for offsetting losses are met, the Bitcoin loss reduces the taxable dividends accordingly. Both dividends and taxable crypto income are in principle subject to the special tax rate of 27.5 percent. One point matters, though: a paper loss sitting in a Bitcoin wallet is not enough. The loss has to have been realised for tax purposes, for example through a sale for euros.

This is where an important feature of the Austrian system comes in. Within the holdings they administer, banks and Austrian crypto service providers do carry out automatic loss offsetting.
An automatic offset between cryptocurrencies and other investment income such as dividends is explicitly not permitted. That cross-category offset has to be made through the income tax assessment.
Say a bank has already withheld 27.5 percent capital gains tax on dividends while a taxable Bitcoin loss arose on a crypto platform. The investor can then claim the offset through the tax return. Capital gains tax already withheld can be refunded in part as a result.
Another point carries weight: offsetting works in principle within one and the same calendar year. A Bitcoin loss from 2026 can therefore be set against dividends from 2026. An unused private capital loss generally cannot simply be carried forward into later years. That is what separates private investment income from certain business losses. Towards the end of the year it can therefore become relevant for investors which gains and losses have actually been realised.
Not every form of investment income may be set against Bitcoin losses.
Offsetting against interest on bank deposits is explicitly ruled out. That covers classic savings account interest and certain account interest. Certain distributions from private foundations are excluded as well.
In simplified terms:
For income from the 2025 calendar year onwards, Austrian entities obliged to withhold capital gains tax, such as banks and certain crypto service providers, have to produce standardised tax reporting on request.
It sets out income, losses and capital gains tax already withheld, among other items. The reporting can then serve as proof of an offset that is not applied automatically in the income tax return. Anyone holding dividends at a bank and Bitcoin on a separate crypto platform should therefore keep the tax documents from both providers.

Offsetting works in the other direction too.
Take an investor with:
In principle only the remaining positive amount of 3,000 euros is then subject to the corresponding taxation, provided the losses on shares may be taken into account under the loss offsetting rules. Here too, the offset between crypto income and other investment income is not applied automatically across the various providers and may have to be carried out through the income tax assessment.
Investors in Austria can in principle offset Bitcoin losses against dividends and certain other investment income. What is decisive is that the losses were actually realised and that they arise in the same calendar year as the positive income.
One thing matters above all: banks and crypto platforms do not offset Bitcoin losses and dividends against each other automatically. Anyone holding assets with different providers generally has to claim the cross-provider offset through the income tax return.
The standardised tax reporting available since 2025 is intended to help document crypto gains, losses and capital gains tax already paid to the tax office in a comprehensible way.
(As of August 12, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
Transparency note: This article was produced with the assistance of artificial intelligence and reviewed by our editorial team before publication. All figures and claims were checked against the primary sources linked in the text. The feature image was generated with AI.
A flaw that went undetected during multiple audits allowed an attacker to create unbacked balances and withdraw XRP from the bridge’s reserves.
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Bitcoin entrepreneur Samson Mow has argued that the BIP-110 movement was largely a backlash to decisions and behavior within the Bitcoin Core ecosystem.
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Bitcoin is flashing signs of a potential bull run even as its price continues to hover around $64,000 amid the persisting market volatility.
The warning comes as focus shifts to wallet security in the crypto community.
Amazon (AMZN) has raised its 2026 capital expenditure forecast to about $220 billion from an earlier $200 billion plan. The company linked the increase to higher memory and component costs, along with continued spending on artificial intelligence and cloud infrastructure. The move keeps AMZN stock focused on whether faster AWS growth can support the rising investment bill.
Amazon.com, Inc., AMZN
The revised spending plan came with Amazon’s second-quarter results. Net sales rose 20% to $200.6 billion, while operating income increased 43% to $27.5 billion. Management expects third-quarter sales of $197 billion to $202 billion and operating income between $22.5 billion and $26.5 billion.
AWS revenue climbed 36.7% from a year earlier to $42.2 billion, marking its fastest growth rate in 18 quarters. The cloud unit reached a $169 billion annualized revenue pace as demand for AI computing and cloud services remained strong.
AWS operating margin rose to 39%, about 650 basis points above the same period last year. Its backlog reached $496 billion, more than twice the level reported a year earlier. Amazon said customers have already reserved much of its 2027 capacity, while some demand extends into 2028.
Amazon is also increasing its use of in-house chips to support AI workloads. Trainium and Graviton products have passed a $20 billion annual revenue run rate, while Amazon is deploying the newer Trainium3 platform for large AWS customers.
The company continues to report demand above available capacity. That gap has pushed Amazon to add data centers, servers, memory, networking equipment and power resources as customers reserve more computing capacity.
Amazon’s $220 billion plan stands above Microsoft’s expected 2026 capital spending of about $190 billion. Microsoft continues to expand Azure capacity as cloud demand remains strong, although power availability has limited some growth.
Alphabet has raised its 2026 capital expenditure forecast to $195 billion to $205 billion. Google Cloud revenue grew 82% year over year. Together, the three companies show that AI infrastructure spending remains a major focus across cloud providers.
The post Amazon (AMZN) Stock Eyes AWS Growth as Amazon’s $220B Spending Plan Expands appeared first on Blockonomi.
Coherent (COHR) stock faces a key test after Wednesday’s market close as Coherent Inc. reports fiscal fourth-quarter results. Investors will watch revenue growth, earnings, margins, and demand from artificial-intelligence data centers. Wall Street expects another quarter of strong growth as optical networking demand remains firm.
Coherent, Inc., COHR
Analysts expect Coherent to report earnings of $1.62 per share on revenue of $1.98 billion for the quarter ended June 30. Those estimates represent annual growth of 62% in earnings and 29% in revenue.
The forecast also points to sequential improvement from the prior quarter. Coherent earned $1.41 per share on $1.81 billion in revenue in the third quarter. Analyst estimates have changed little in recent weeks, suggesting expectations have stabilized before the report.
Demand for optical components used in AI data centers remains a major part of Coherent’s growth story. The market for AI-focused optical transceivers could reach $26 billion in 2026, supported by rising use of 800G and faster products.
Investors will watch Coherent’s ability to increase production without weakening profitability. The company recently posted a gross margin near 37%. The earnings report could show whether higher output is helping margins or creating added costs.
Coherent shares recently traded near $328.57, below the 52-week high of $440. The stock has recovered from a low of $84.35 and gained about 16.8% over the past month after falling to $222.05 in late July.
Sixteen of 21 analysts rate the shares a Buy, while five recommend holding the stock. The average price target stands at $394.62. Coherent trades at a forward price-to-earnings ratio of 59.61, which shows that investors still expect strong future growth.
Coherent also enters earnings with support from its partnership with NVIDIA. NVIDIA holds an equity stake and has a multi-year supply agreement with the company, linking Coherent more closely to AI infrastructure spending.
The post Can Coherent (COHR) Stock Extend Its AI-Fueled Rebound? appeared first on Blockonomi.
Marvell Technology Inc. (MRVL) shares rose 5.04% as investors tracked stronger AI-chip demand, new memory products, and bullish analyst upgrades. MRVL stock has gained momentum after moving from about $163.40 on July 29 to above $212 on August 11.
Marvell Technology, Inc., MRVL
Premarket trading placed shares near $219 to $223, with narrow five-minute price ranges. The pattern followed a 14% jump linked to Marvell’s latest AI memory launch and renewed interest in data-center hardware suppliers. Analysts have also raised their outlooks as AI infrastructure spending remains firm.
Marvell has expanded its AI data-center portfolio with the Bravera SC6 SSD controller, Structera X CXL memory expansion platform, and Photonic Fabric architecture. These products target storage speed, memory capacity, and data movement inside large AI systems.
The company plans to begin Bravera SC6 sampling in the fourth quarter. Investors will watch customer adoption, design wins, and deployment schedules as Marvell seeks a larger role in AI servers and data-center infrastructure.
Marvell trades at a price-to-earnings ratio above 70 and a price-to-sales ratio near 21. Its gross margin stands near 51.5%, while its EBITDA margin is about 46.6% and return on equity exceeds 16%.
The company reported $373.7 million in quarterly operating cash flow and $258.3 million in free cash flow. Its debt-to-equity ratio of 0.27 and current ratio of 3.3 give Marvell financial capacity for research and capital spending.
Marvell plans to invest $250 million in India over three years while doubling its workforce in Bangalore and Hyderabad. The expansion will support research tied to AI, cloud computing, connectivity, and data infrastructure.
The spending adds long-term engineering capacity as demand for custom chips and networking equipment grows. MRVL stock traders are also tracking whether higher development costs affect margins as the company expands its product pipeline.
Reports that U.S. regulators may restrict new Chinese optical transceiver imports have supported some non-Chinese optical suppliers. Marvell could face lower shipments to Chinese module makers while gaining demand from customers in other markets.
President and COO Chris Koopmans recently sold 10,000 shares worth about $1.8 million. He still controls roughly 227,941 shares indirectly, keeping insider activity on investors’ watchlists as MRVL stock extends its recent advance.
The post Marvell Technology, Inc. (MRVL) Stock Jumps 5%—What’s Fueling the AI Rally? appeared first on Blockonomi.
Oracle (ORCL) is gearing up for another wave of employee terminations this month as the database software giant continues its aggressive investment in artificial intelligence infrastructure, Business Insider has reported.
Oracle Corporation, ORCL
According to sources with knowledge of the situation and internal company documentation reviewed by the publication, certain divisions could see reductions exceeding 10% of their staff. Leadership has been directed to identify which employees will be affected, with the company targeting payroll reduction completion prior to the September 1 deadline.
When approached for comment, Oracle representatives declined to address the report.
ORCL stock has experienced a nearly 26% decline year-to-date. The shares have faced pressure from widespread market anxiety regarding excessive capital expenditures throughout the technology industry, alongside concerns that artificial intelligence may diminish demand for conventional software offerings.
During a March earnings conference call, Oracle Chairman Larry Ellison addressed these worries, expressing his conviction that while competitors may face challenges from AI disruption, Oracle itself would remain insulated from such threats.
The company’s capital spending for fiscal 2026 reached $55.7 billion, representing more than a 160% increase from the previous year’s $21.2 billion. This massive expenditure resulted in the company burning through $23.7 billion more cash than it generated from operations.
To bridge this financial gap, Oracle secured $43 billion through debt financing and an additional $5 billion via equity offerings during fiscal 2026. Looking forward, the company anticipates raising approximately $40 billion more through a combination of debt instruments and stock sales in the coming fiscal year.
The company attributes this spending surge to accelerating customer demand. Oracle delivered 17% revenue expansion in fiscal 2026, while its cloud infrastructure division experienced explosive 77% growth, fueled primarily by enterprises seeking computational resources for artificial intelligence applications.
Among the high-profile clients Oracle is scaling infrastructure to accommodate is OpenAI.
The upcoming job eliminations come on the heels of substantial workforce downsizing over the past year. Oracle’s employee count decreased to roughly 141,000 full-time workers as of May 31, 2026, compared to 162,000 twelve months earlier—representing a reduction of 21,000 employees, or 13% of the workforce.
During the fiscal year, the company incurred $1.8 billion in restructuring expenses under its 2026 Restructuring Plan, with total expected costs projected to reach as high as $2.1 billion.
Oracle has attributed part of the workforce reduction to its internal adoption of AI technologies that automate previously manual tasks.
In early February, the company initially announced plans to secure between $45 billion and $50 billion during 2026 to expand its cloud infrastructure capabilities.
The impending workforce reductions indicate that Oracle continues seeking opportunities to balance its expansion costs through labor expense reductions as it enters the new fiscal quarter.
The post Oracle (ORCL) Stock Plummets 26% Amid Fresh Job Cuts to Finance AI Expansion appeared first on Blockonomi.
Micron (MU) stock opened 4.72% higher as investors responded to stronger demand signals across artificial intelligence infrastructure. The gain outpaced the Technology Equipment sector, which rose 2.37%, while SanDisk gained 6.14% and Nvidia advanced 1.86%. The move placed Micron among the sector’s most actively traded shares Wednesday. The rally followed fresh strength across AI hardware names.
Micron Technology, Inc., MU
Strong forecasts from major AI server makers supported demand expectations for Micron’s memory products. New server platforms require large amounts of high-bandwidth memory and advanced DRAM to process complex AI workloads.
Higher server orders can support Micron stock because the company supplies memory used in data centers and AI systems. Investors also tracked continued spending by large technology companies on computing infrastructure.
Micron executives have said memory demand is growing faster than the industry can add production capacity. The shift toward high-bandwidth memory also uses more manufacturing resources than conventional memory products, limiting available supply.
Management expects data center memory shortages to continue through at least 2027. Fixed customer commitments may give Micron better revenue visibility while tight supply conditions support stronger pricing across several memory categories.
Wall Street analysts have maintained positive ratings on Micron after the recent market consolidation. Several firms raised price targets, citing AI spending, memory pricing, and expectations for improved margins and earnings growth.
Technical indicators remain mixed despite the latest advance. Micron recorded a MACD reading of 5.282, while its RSI stood at 47.023 and Williams %R reached 52.302. These readings remain neutral and suggest traders are still watching for a clearer trend.
Micron stock continues to benefit from AI-related memory demand and limited industry supply. Future price moves may depend on server orders, memory pricing, production growth, and broader conditions across technology shares.
The post Micron (MU) Stock Gains as Analysts Back Strong Memory Outlook appeared first on Blockonomi.
Bitcoin remains trapped in a broad consolidation phase, with the price struggling to break above the descending resistance that has governed the market for several months. At around $63.5K, BTC is showing some short-term recovery, but the broader structure remains cautious until the key resistance zones are decisively broken.
The daily chart shows Bitcoin trading below a descending trendline that connects the major highs since the beginning of the year. The trendline currently sits around the $66K area, making this the first major hurdle for the buyers. A daily breakout above this resistance would represent an important structural improvement and could open the door toward the $74K resistance zone.
The broader trend remains bearish-to-neutral; however, BTC is still trading below the major moving averages displayed on the chart. The longer-term moving averages are sloping downward, reinforcing the significance of the descending trendline.
On the downside, the $60K area represents an important support zone, while the broader $54K region is the next major demand area visible on the chart. Holding above these levels keeps the current consolidation structure intact, whereas a sustained breakdown could signal another leg lower.

The 4-hour chart provides a more constructive picture in the short term. Bitcoin has been forming a tightening structure, with an ascending support trendline converging toward a descending resistance trendline. The price is currently around $64K, leaving the market relatively close to the upper boundary.
The key resistance is concentrated around $66K-$67K. A clean breakout above this zone, particularly if accompanied by a sustained move beyond the descending trendline, could trigger a continuation toward the $66K-$67K area and potentially higher.
Conversely, the rising support line and the $62K zone are the most important levels to watch on the downside. A break below this area would weaken the short-term bullish structure and could expose BTC to the $60K support zone again.
The 4-hour RSI has also rebounded from near-oversold conditions and is now recovering toward the middle of its range. This points to improving momentum, although it is not yet strong enough to confirm a sustained upside breakout. For now, the market appears to be waiting for a decisive break from the tightening range.

The funding-rate chart provides an interesting contrast to Bitcoin’s price action. Funding rates were deeply negative during the sharp sell-off earlier in the year, with several significant spikes below zero as BTC traded around the $70K-$80K region. This indicated that bearish positioning had become particularly aggressive.
Since then, funding has gradually normalized and has turned predominantly positive. The latest reading is around 0.006%, while Bitcoin is trading near $64K. This suggests that leveraged long positioning has returned, but the funding rate is not yet at an extreme level comparable to the highly crowded periods over the past few years.
That is broadly constructive, although it also introduces some short-term downside risk. If BTC fails to break the $65K-$67K resistance area while funding remains positive, long positions could become vulnerable to a liquidation-driven pullback. Conversely, a breakout accompanied by only moderately positive funding would provide a healthier setup, as it would suggest that the move is not being driven by excessive leverage.

The post Bitcoin Price Analysis: What Does BTC’s Bearish Market Structure Signal Next? appeared first on CryptoPotato.
Pi Network’s native token, which has been on a major downfall over the past several months, is among the top-performing cryptocurrencies today (August 12).
Its resurgence comes amid rumors that the controversial project has completed yet another ecosystem update.
The token’s price jumped by 4% over the past 24 hours to reach almost $0.09. This means that PI has outperformed nearly all top 100 digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and many more. Its market capitalization stands just below $1 billion, making it the 65th-largest cryptocurrency.

It remains unclear what exactly fueled the resurgence. One might speculate that the momentum is tied to rumors suggesting that protocol version 26 has already been deployed.
Not long ago, Pi Network urged all mainnet node operators to complete the upgrade by August 11 to remain connected to the network. While the Core Team has not yet issued an official announcement on the matter, certain X users claimed the upgrade is already in effect.
Rizo suggested that protocol v26 has been rolled out, and that attention is now turning to version 27, which should be the final upgrade in this series. X user amrOnChain also weighed in, saying that Testnet 2 is now officially on protocol v26, and the node has been upgraded to the latest version.
“The final stretch is here. From v19 to v26, 8 successful upgrades completed. Only one remains before the network is fully up to date. This is the moment we’ve been building toward,” the X user added.
According to some market observers, PI has the potential to chart additional gains in the near future. X user Crypto With Gopal claimed it has formed a large triangle pattern. He added that the price has been compressing between descending resistance and rising support, displaying tightening momentum and bulls defending the lower range.
That said, the analyst predicted that a “clean breakout” above $0.10 could trigger a more substantial pump to $0.15 – a level last witnessed at the end of May.
It is worth keeping in mind that traders and investors should remain cautious since a downside move is also on the table. PI has been rejected several times after showing signs of life, while the reigning bear market isn’t exactly helping.
The post Pi Network (PI) Climbs 4% After the Community Shares a Major Milestone appeared first on CryptoPotato.
XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May.
But the slump hasn’t stopped whale wallets from growing.
According to Santiment’s latest analysis, the number of wallets holding at least 1 million XRP has increased by 32 over the past three months, while the market cap has declined by 29%. At the same time, Ripple’s stablecoin, RLUSD, has grown into a meaningful institutional stablecoin. The firm’s payments, custody, and tokenization rails also continue to keep the XRP Ledger tied to settlement use cases.
Santiment said that the rising million-XRP wallets alongside a falling market cap indicate stronger holders are absorbing panic, and added,
“Patience is replacing simple price-related hype, and future volatility becomes more interesting for bulls.”
Zooming out, XRP is now in extremely oversold territory. According to Ali Martinez, fresh buy signals are now appearing. Earlier this week, the analyst reported that large investors bought more than 380 million units in seven days, worth nearly $400 million at the time.
Such accumulation could reduce the supply available on the market and support prices if demand holds steady or rises. It could also attract smaller investors. The monthly TD Sequential also flashed a buy signal. Similar setups had previously preceded major price increases.
Meanwhile, market watcher CR87 said XRP is at a “critical level.” The price risks falling toward the $0.50-$0.60 range if $1.03 fails. For bulls, on the other hand, reclaiming $1.47 would be the first sign of strength. Along similar lines, X user Diana also predicted more downside if the token breaks below the $1 level. The downside target in that scenario is $0.86. However, a strong reaction around $1, followed by a move back above $1.036, could weaken the bearish outlook.
On the institutional front, US-based spot XRP ETFs attracted a total of $1.17 billion between November and December 2025. However, that momentum has weakened in recent months. The products drew just $15.59 million in January. In the following month, the figure nearly quadrupled to $58.09 million. March then saw the first monthly outflow of $31.16 million.
Performance remained mixed from April to July 2026. The funds brought in $81.6 million in April and $132 million in May after the CLARITY Act cleared the Senate Banking Committee. That slowed to $59.46 million in June and $27.29 million in July. So far in August, they have attracted just $1 million.
The post Ripple’s (XRP) Summer Slump Isn’t Stopping Large Wallets From Growing appeared first on CryptoPotato.
The US Bureau of Labor Statistics just published the Consumer Price Index data for July, which has essentially matched most expectations, with the regular CPI coming in at 3.3% to 3.4%.
The substantial increase in the CORE CPI of 2.5% was official, given the decline in June due to the decreasing energy costs at the time, which were considered misleading given the brief de-escalation in the Middle East war.
Reports ahead of the CPI release claimed that a modest increase would continue to reduce the chances for a Federal Reserve rate hike in September.
This narrative received further validation at the end of the previous business week when the US jobs report showed a substantial decline in non-farm payrolls, starkly contrasting with market expectations.
Although reality matched expectations for the July data, bitcoin’s price reacted with a small price decline. The asset had recovered from yesterday’s low at 63,200 and jumped to $64,400 minutes before the data was released.
However, it was stopped there, and its initial reaction has been quite modest, as it has dipped by a few hundred dollars. Nevertheless, analysts remain adamant that the CPI data is key to understanding the cryptocurrency’s next big move.
The post Bitcoin Price Holds Steady as US July CPI Comes in as Expected appeared first on CryptoPotato.
The primary cryptocurrency surged past $65K over the weekend, causing some popular analysts to call the end of the bear market and the beginning of a potential upward trend. However, the revival was short-lived, with BTC briefly plunging to as low as $63,250.
Now all eyes are set on the CPI report, which could trigger a renewed revival but may also cause a substantial pullback.
Later today (August 12), the US Bureau of Labor Statistics is about to release the Consumer Price Index data, which shows the inflation rate in the country and provides a vital outlook for the overall condition of the local economy. According to the odds on Kalshi, most traders believe that July’s CPI will come in above 3.3% on a year-over-year basis, while 15% see a chance of hotter inflation at 3.4%.
The report is a key input for the Federal Reserve, which takes the figure into major consideration when shaping its interest rate policy. As such, it is expected to cause volatility in the crypto and financial sectors.
X user Ted noticed that BTC jumped over 10% in a week following June’s CPI and 7.5% after July’s report, when inflation came in lower than expected. Yesterday (August 11). Michael van de Poppe shared his post saying:
“If CPI data comes in greatly tomorrow: BTC goes up. Just simple. As you can see in this chart, the days prior to the release of the CPI data, the markets are going down.”
The analyst who goes by Gerla on X also chipped in, providing a more cautious opinion. They noted that each CPI report from August 2025 until now has been a precursor to heightened volatility, and on several occasions it has been followed by a double-digit price decline for the cryptocurrency.
While the CPI data would likely spark short-term turbulence, what’s perhaps more interesting is how analysts see the longer-term outlook unfolding.
Ali Martinez, who recently spotted several factors that have identified previous bear markets, chipped in again. He believes the downward cycle is in its final stages, predicting one last drop below $57,500 followed by a massive rally to as high as $180,000 sometime next year.
X users Ted and Max Crypto also touched upon the matter. The former opined that BTC has a decent chance of pumping as long as it stays above the crucial $63,000 level, while the latter claimed the asset has broken out of its 10-month downtrend and could be gearing up for an upswing.
For their part, Poseidon envisioned a push above $70,000 in August and then a renewed correction below $60,000 in late September.
The post Bitcoin’s (BTC) Chance for Recovery Hinges on This Major Economic Event appeared first on CryptoPotato.