Crypto Markets & On-Chain Ecosystem Developments

According to The Information, prediction market platform Kalshi's annualized revenue surpassed $40 billion, as the company seeks a $400 billion valuation, as reported on August 12.

According to VanEck, eight of 12 indicators in its "Bitcoin Capitulation Check" are signaling capitulation territory on Tuesday, suggesting Bitcoin's roughly 11-month pullback may be nearing its end and entering an accumulation phase. Bitcoin was trading near $64,700, down approximately 48% from its

According to Peter Schiff, the gold-focused economist and bitcoin critic, the cryptocurrency faces a key resistance level at $65,000 that could trigger significant selloffs if breached downward. Bitcoin has been trading between $58,000 and $65,000 since early July, roughly 50% down from its 2026

Ripple announced on August 18 that Jeonbuk Bank became the first regional bank in South Korea to deploy Ripple Payments for cross-border remittances. Within hours, XRP fell below $1 for the first time since November 2024. On August 19, XRP trades around $0.99, testing the $1 level for the ninth

According to the US Securities and Exchange Commission on Tuesday, the agency proposed new rules to create a "clear and fit-for-purpose framework for certain investment contracts involving crypto assets." The proposed "tailored securities offering regime" would exempt token issuers from raising up t

According to X posts, Coinbase CEO Brian Armstrong expressed support for SEC progress on token classification and called for swift passage of the CLARITY Act. Armstrong praised Paul S. Atkins and the SEC for advancing token classification as a necessary step toward modernizing the U.S. financial

Solana Policy Institute CEO Miller Whitehouse-Levine assessed the Clarity Act's chances of passing before the November midterm elections at approximately 10% during the Wyoming Blockchain Symposium 2026. Whitehouse-Levine described the legislation as currently in 'August recess purgatory,' noting th

According to Solana Policy Institute CEO Miller Whitehouse-Levine at the Wyoming Blockchain Symposium 2026 on August 18, the Clarity Act has only about 10% odds of becoming law before the November midterm elections. "Right

Ripple announced a strategic partnership with Jeonbuk Bank, a regional bank under JB Financial Group in South Korea, to use Ripple Payments infrastructure for cross-border commercial payments. The partnership aims to provide faster payment services to corporate clients including import-export

Bitcoin reached $65,000 on Tuesday, triggering $56 million in short liquidations as bearish traders faced steep losses, according to Coinglass data. The cryptocurrency delivered a 2% weekly gain despite ongoing geopolitical tensions in the Middle East following the expiration of the 60-day

According to Ripple's official statement, Jeonbuk Bank, a major regional bank under JB Financial Group, has become South Korea's first regional bank to use Ripple Payments infrastructure for cross-border commercial transactions. The partnership enables faster payments to corporate clients

Interstice Digital launched a cross-chain swap engine with FalconX on Tuesday connecting the Canton Network with Ethereum, Solana and Robinhood Chain. The non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users' b

Interstice Digital, a subsidiary of Everyrealm, and digital asset broker FalconX have launched a cross-chain swap engine connecting Canton, Ethereum, Solana, and Robinhood Chain. The non-custodial engine allows users to swap assets across the four networks without Interstice Digital holding user

Canaan Inc., the Nasdaq-listed Bitcoin mining hardware manufacturer, added a net 2 BTC to its treasury in July 2026, bringing total holdings to 1,917 BTC. The company mined 46 BTC during the month but retained only 2 BTC net, with the gap attributed to operational costs and strategic sell-offs. Cana

Federal prosecutors in the Southern District of New York filed an opposition on Friday to former Celsius CEO Alex Mashinsky's petition to vacate his fraud conviction and 12-year prison sentence. Mashinsky, who is representing himself after informing the court in May that he would proceed pro se,

The US Securities and Exchange Commission canceled a Friday meeting where it planned to discuss a new regulatory framework for initial public offerings of crypto assets, dubbed 'Regulation Crypto Assets.' American journalist Eleanor Terrett announced the cancellation, stating the SEC's official

According to prosecutors from the Southern District of New York, on Friday they opposed former Celsius CEO Alex Mashinsky's motion to vacate his fraud conviction and 12-year prison sentence, arguing his claims lack merit. Mashinsky, representing himself after May, claimed ineffective assistance of c

The FBI's 2025 Internet Crime Report documented 181,565 cryptocurrency complaints totaling more than $11 billion in losses from American victims. Investment fraud accounted for nearly 49% of all scam-related losses reported to the bureau. Fraudulent crypto websites now use professionally designed in

Patrick Witt, the White House's top cryptocurrency adviser, expressed optimism about the Clarity Act on Tuesday at the annual SALT conference in Wyoming, despite renewed disputes over stablecoin rewards. Witt said he remains bullish ahead of the scheduled Senate cloture vote on Sept. 15, as

According to White House adviser Patrick Witt, speaking Tuesday at the SALT conference in Wyoming, he expressed optimism about the Clarity Act becoming law ahead of a scheduled Sept. 15 cloture vote. "We'll be sitting down with Democrats and really trying to hash out the areas where there are