Bitcoin Traders Watch Jackson Hole As Kevin Warsh Prepares First Fed Keynote
Bitcoin traders are turning their attention to Jackson Hole, where Federal Reserve Chair Kevin Warsh is scheduled to deliver his first keynote as Fed Chair later this week. The 2026 Jackson Hole Economic Policy Symposium runs from August 27 to August 29, with this year’s theme centered on “Financial Innovation: Implications for Payments and Policy.”…
Coinbase Investor Class Action Can Move Forward, Federal Judge Rules
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…
BitMEX Sets Close-Only Risk Limits Ahead Of September Wind-Down
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the…
Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or…
Strategy Raises $2B As Bitcoin Holdings Stay Flat For The Week
Strategy Inc., formerly MicroStrategy, has raised $2.01 billion through an at-the-market equity offering while reporting no new Bitcoin purchases during the latest weekly window. In an 8-K filed on August 24, the company said it sold 18.26 million shares between August 17 and August 23. The proceeds were used to establish a new “USD Cash”…
Crypto Groups Sue To Block Illinois Digital Asset Tax Act
The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a legal fight over whether the state can impose a transaction tax on digital asset activity. The lawsuit was filed in Illinois state court on August 21 and seeks to block the law before…
Bitcoin And Ethereum ETFs Add $492M As Inflow Streak Continues
US spot Bitcoin and Ethereum ETFs recorded a combined $492 million in net inflows for the August 21 session, extending a positive flow streak across both crypto ETF cohorts. Farside Investors data showed spot Bitcoin ETFs adding $307 million, led by BlackRock’s IBIT with $239.3 million. Spot Ethereum ETFs brought in another $185 million, led…
Bitcoin And Ethereum ETFs Pull $825M As Institutional Demand Returns
US spot Bitcoin and Ethereum ETFs drew a combined $825.8 million in single-session inflows, giving crypto markets another strong signal that regulated demand has returned alongside the latest price rally. Farside Investors data showed spot Bitcoin ETFs taking in $606.3 million for the August 20 session, led by BlackRock’s IBIT with $503 million. Spot Ethereum…
Upbit Volume Jumps 273% As Bitcoin Rally Pulls Korean Traders Back In
Upbit’s trading activity surged sharply as Bitcoin’s latest rally brought South Korean crypto traders back into the market. CoinGecko exchange data showed Upbit’s 24-hour trading volume rising 273% to roughly $1.84 billion on August 21. The move marked the exchange’s strongest daily volume since mid-March 2026, with XRP standing out as one of the largest…
Canary Files Fourth Staked TRX ETF Amendment With 1.10% Fee
Canary Capital has filed Amendment No. 4 to its registration statement for the Canary Staked TRX ETF, giving investors more detail on the proposed fund’s fee structure and staking approach. The filing, submitted on August 19, discloses a 1.10% management fee. It also outlines a staking strategy under which up to 90% of the trust’s…