Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

UK’s Crypto and Digital Assets All-Party Parliamentary Group (APPG) has written to the CEOs of major UK banks after repeated instances of crypto account refusals and limits on crypto-related payments. Co-chairs include Labour MP Gurinder Singh Josan and Lord Vaizey of Didcot. The APPG says access to banking services could be a major barrier to growth for UK crypto and digital asset businesses, potentially undermining the success of the UK’s forthcoming crypto regime. In a letter sent Tuesday, lawmakers ask six questions, including each bank’s policy on crypto firms, what transaction limits it applies, whether banks expect to change their approach once the FCA framework takes effect, and what government or regulators could do to help. Banks have cited financial crime risks and consumer protection concerns. The Financial Times has reported some banks cap monthly transfers to crypto exchanges at roughly £5,000–£10,000 (with others reportedly blocking activity outright). Research cited by Decrypt suggested banks were blocking or delaying an estimated 40% of attempted transfers to crypto exchanges in January. UK Economic Secretary Lucy Rigby has previously said that under the new regime the government “would not expect” FCA-licensed firms to face bank restrictions simply due to being in the sector. Regulatory context: the FCA finalized its rules in June, and the regime becomes mandatory in October 2027. The APPG inquiry was launched on July 21, with written submissions open until August 31.

Robinhood UK crypto trading is rolling out to eligible UK users, adding 50+ cryptocurrencies to its main investing app via Bitstamp, including BTC, ETH, XRP and HYPE (Aug. 10, 2026). The offer includes zero trading, custody, and account-maintenance fees for UK crypto. FX fees still apply. Robinhood positions this as a more transparent and lower-cost alternative versus some UK incumbents. For traders, the direct change is mainly distribution and access: Robinhood UK crypto trading could boost retail onboarding and increase in-app visibility for liquid majors and selected alts. Any near-term price impact will likely hinge on rollout pace, which coins get the most attention inside the app, and broader crypto risk sentiment rather than token fundamentals. Key watch items: the full supported-asset list, the speed of expansion across eligible customers, and whether fees change beyond FX charges.

Pi Network’s native token PI has rebounded briefly, but the move has stalled. After trading above $0.09 on Aug 6 and reaching roughly $0.096, PI was rejected and slipped back below $0.09 last Friday. It recovered over the weekend to around $0.094, but then failed again: PI was stopped near $0.092 and pushed under the key $0.09 support, falling to about $0.084 before buyers lifted it to roughly $0.086. Market data also show PI’s market capitalization slipping below $950 million, putting it around the 67th-largest crypto by that metric on CoinGecko. Catalyst to watch: Pi Core Team says version 26 (the second-to-last protocol upgrade) must be deployed by Aug 11. Mainnet nodes were reminded to upgrade or risk disconnection. The team previously highlighted that version 26 is the final step before the last upgrade (version 27). By year-to-date, eight migrations have already been completed, though some reportedly occurred without an official announcement. For traders, today’s combination of technical weakness in PI (loss of $0.09 support) and an upgrade deadline around PI’s protocol can drive volatility and headline-driven swings into/after the deployment window.

Ravencoin (RVN) fell about 19.1% to ~$0.00288 after a critical consensus vulnerability was exploited from Aug. 7. The flaw let vulnerable nodes accept invalid blocks starting at block height 4,487,776, creating competing chain histories. 2Miners said the issue is in KAWPOW block header validation. By manipulating an nHeight field, an attacker could bypass normal memory-intensive mining steps and produce “orders of magnitude cheaper” blocks. 2Miners reports finding 96 affected blocks between heights 4,489,527 and 4,491,615 out of 2,089 examined. An emergency patch, 4.6.1.1-hf1, rejects blocks when the declared header height does not match its actual chain position, and rebuilds chain state when index data is damaged. 2Miners and RavenMiner control most hash rate and mined a recovery chain from the last unaffected block while excluding the exploited branch. However, Ravencoin warned that transactions confirmed after block 4,487,775 may disappear if the recovery chain becomes dominant, potentially triggering a deep reorganization lasting “approximately three days.” It advised exchanges to halt RVN deposits and withdrawals. Upbit suspended RVN transfers on Aug. 10, and Bitget also paused deposits/withdrawals for wallet maintenance. Traders should treat recent RVN confirmations as potentially reversible until a stable dominant chain and broader patched software adoption are reached.

CryptoQuant analyst Axel Adler Jr. said Bitcoin (BTC) holder cost-basis health is diverging by holding age. The NUPL for BTC holders aged 0–3 months improved from -0.13 in June to -0.02, nearly reaching break-even. In contrast, BTC holders aged 3–6 months, while also recovering from June’s low, remain in loss territory with NUPL at -0.14. On realized value drawdown, BTC holders aged 3–6 months saw the gap widen from -53% to -69.6%, a near 90-day low, while the 0–3 month cohort is about -64%. The analyst framed this as a positive sign that recent buyers are closer to recovery, but the selling pressure has not fully transmitted to the older cohort. He added that a broader improvement would likely require BTC NUPL for the 3–6 month group to return above zero, and realized drawdown to stop worsening and start recovering. If the 0–3 month BTC NUPL falls again below -0.10, unrealized pressure could spread back to recent buyers.

The U.S. SEC scheduled an open meeting for Friday, August 14, 2026 at 10:00 a.m. ET. The single agenda item is a vote on whether to publish “Regulation Crypto,” the SEC’s first major crypto rulemaking during Chairman Paul Atkins’ tenure. If approved, the SEC would release a tailored offering regime for certain investment contracts involving crypto assets. The framework is expected to provide a path to raise capital without full securities registration, plus an exit route from SEC jurisdiction when a crypto network is no longer actively managed by a team. Key details—such as potential caps on early-stage raises and the length of any multi-year exemption window—are not confirmed until the full text is published after the vote. The SEC vote does not replace near-term congressional action. The broader “CLARITY Act” has been delayed by the Senate, with a cloture motion procedure set for September 15 (requiring 60 votes). Analysts at firms like TD Cowen view Friday’s SEC step as a parallel regulatory track aimed at creating more durable compliance certainty while Congress stalls. Timing for market impact: the proposed rule would trigger a public comment period typically lasting 2–3 months, followed by revisions before any final adoption. Traders should treat this as a 2027 compliance story, but a meaningful policy signal in the meantime—especially because moving from staff guidance to a Federal Register rule makes it harder to reverse without another full rulemaking cycle.

After the MiCA deadline, EU crypto service providers must be MiCA-authorised or wind down and ask customers to withdraw balances. Regulators say scammers are exploiting this by sending highly realistic withdrawal requests to investors, sometimes claiming the sender is ESMA, BaFin or other authorities. Key warning: the timing is the opportunity. Fraudsters know users now expect “legitimate” wind-down messages. The AMF reports emails using ESMA names/logos and impersonating staff of regulators or licensed venues. How to check MiCA phishing in minutes: 1) Verify licensing in official registries. First search the ESMA MiCA register using the company’s legal entity name (typed manually, not via links). If it’s not listed, treat the message as fake. 2) For German providers, cross-check the BaFin database for the relevant authorisation. 3) Then confirm the notice through official channels only: open the exchange via your app or type the domain yourself. Do not use email links, PDFs, QR codes, or phone numbers included in the message. Common red flags in fake withdrawals: - Wallet addresses included in the email itself (genuine notices describe routes, not destinations). - Urgent deadlines (real wind-downs run weeks/months). - Requests for login credentials or recovery phrases. - Nearly-correct domains or copied payment flows. If the wind-down is real, traders should secure statements and tax records first, then move funds carefully (send a test amount, consider self-custody for long-term holdings).

ADI Chain and Dubai-based Shipfinex have partnered to scale maritime tokenization and open a closed ship-finance market to more institutional capital. The initiative targets the $2 trillion global commercial shipping asset base and aims to route part of the $680B maritime lending, leasing and export-credit market onto a blockchain “rail.” Shipfinex’s role is to identify qualifying vessels and package deals. ADI Chain will mint tokens and process payments using stablecoins, enabling faster settlement than traditional bank wires. The offering is designed for “qualified institutional participants,” not retail investors. Regulatory status is a key caveat. Shipfinex currently has only an “In-Principle Approval” from Dubai’s VARA, not a full operating license. No maritime asset tokens have been issued yet. Even so, Shipfinex has shortlisted about 35 ships worth roughly $500 million combined as candidate assets, with each vessel held in a separate legal entity to limit cross-asset risk. Token structures may include loan-like exposure backed by the ship, a share of shipping-contract cashflows, or an economic interest in vessel value. The token is explicitly described as a financial claim, not legal ownership of the ships. This isn’t the first maritime tokenization push. Competitors cited in the announcement include Galactica and Ethra Ship, which have already launched or conducted related vessel-financing and RWA protocol activity. For traders, this is a real-world assets expansion story anchored on stablecoins and institutional access, but near-term market impact is likely limited until VARA licensing and actual token issuance progress.

Revolut has listed the Zama token (ZAMA) across the European Economic Area (EEA), giving the privacy-focused blockchain new distribution through a fintech platform with 70M+ customers and 15M+ crypto users. The Zama token is available for users to buy and hold inside the Revolut main app, and it can also be withdrawn to self-custody wallets. Zama said the rollout places ZAMA in front of Revolut users who already trade crypto without requiring an additional account or extra identity checks. Trading fees start at zero via the main app, and onchain transfers add another route to reach investors since ZAMA launched in February via an encrypted sealed-bid Dutch auction on Ethereum. The company ties the token’s appeal to its fully homomorphic encryption (FHE) approach, which aims to keep blockchain balances, transaction amounts, and financial positions encrypted while smart contracts process the data. Zama also points to recent “confidential DeFi” deployments, including a USDC vault on Morpho where users deposit confidential USDC (cUSDC) so balances and transaction amounts remain encrypted. For traders, the key takeaway is that Zama token availability inside Revolut could increase short-term demand and liquidity for ZAMA in the EEA, while also reinforcing market attention on FHE-enabled privacy infrastructure. It follows a larger narrative shift as major payment/banking platforms expand crypto access and as confidential onchain products move from testing toward live distribution.

Ukrainian President Volodymyr Zelenskyy says Russia used North Korean ballistic missiles in a recent Ukraine strike that killed six people and damaged infrastructure. Zelenskyy adds that the missiles had not been reported in Ukraine for nearly a year, suggesting Russia may have regained access to North Korean munitions and could be escalating its campaign. The claim lands in a wider pattern of frequent missile and drone attacks during the Russia–Ukraine war. If confirmed, the use of North Korean missiles would signal further foreign-supplied weapon reliance and raise concerns about broader regional repercussions. Crypto-linked geopolitical sentiment may be impacted through risk-off channels: markets and related prediction-market coverage suggest the incident could slightly increase expectations of a NATO–Russia clash, with odds moving modestly. Traders typically watch for official NATO responses, Russian statements, and any additional evidence of foreign-supplied munitions—because new escalation signals can change expectations quickly. What to watch next includes potential diplomatic efforts aimed at de-escalation and whether further attacks include additional references to North Korean missiles. Any shift in the perceived likelihood of wider conflict could influence market volatility and liquidity preferences across risk assets, including crypto.

Payments provider Decta integrated USDC into its internal treasury operations using OpenPayd’s regulated infrastructure for cross-border settlements. Decta will transfer its own company funds to OpenPayd, where OpenPayd converts the fiat into USDC through OTC services, then uses USDC as an operational settlement asset for Decta’s international treasury moves. Key point: the setup is limited to Decta’s treasury (not customer merchant payments). OpenPayd said the integration does not add stablecoins to Decta’s customer-facing payment flows, because customers never directly transact in USDC. OpenPayd’s role builds on its MiCA authorization in Europe (received June 2026), enabling regulated fiat-to-stablecoin conversions and stablecoin transfers across supported blockchain networks under a single authorization. OpenPayd also previously partnered with Circle to support fiat/USDC conversion and custody/management within its infrastructure. Decta said the change improves liquidity management while keeping its existing controls and regulatory requirements. The company previously explored issuing a MiCA-compliant euro-pegged stablecoin with France-based Next Generation, but this latest implementation does not involve issuing a stablecoin; it uses USDC only for internal settlement. For traders, the headline is USDC adoption for corporate treasury rails rather than a consumer payment product, which is typically less likely to drive immediate retail demand—but it signals continued institutional/infra-use of USDC in Europe.

Flight tracking firm FlightAware has filed a lawsuit against Kalshi, alleging unauthorized use of its flight data and brand in Kalshi’s flight-cancellation prediction markets. FlightAware is seeking injunctions to stop Kalshi from using the data and trademarks in connection with the contracts. The dispute centers on markets launched last month that let traders speculate on whether specific flights will be canceled. Kalshi tells users that contract outcomes are “verified from FlightAware.” FlightAware says it never agreed to provide its information for that purpose and was not informed that its data would determine payouts. The complaint accuses Kalshi of breach of contract, trademark infringement, and unfair competition. Beyond IP and branding, FlightAware argues the structure of the contracts creates safety concerns by tying financial incentives to real-world cancellations. FlightAware says it does not allege that traders successfully interfered with flights, but warns that payout dependence could encourage unsafe attempts to influence operations. The case also adds to Kalshi’s broader legal battles over whether prediction markets are regulated as derivatives at the federal level or treated as gambling under state law. Earlier in 2026, New York sued Kalshi for operating an unlicensed gambling business; other courts and regulators have issued mixed rulings across states such as Washington, Michigan, and Minnesota. Overall, the new FlightAware lawsuit could affect Kalshi’s ability to run flight-related event contracts and may increase scrutiny of how prediction platforms source “verified” real-world data. For crypto traders, this is another reminder that compliance and data-rights risk can directly impact market availability and liquidity.

Russian strikes kill six in Ukraine and hit Kyiv children’s hospital, local officials said. Attacks were reported in southeastern areas, including Zaporizhzhia, where multiple civilian casualties occurred. Officials describe the children’s hospital strike as a major escalation, echoing past attacks on medical facilities that drew international condemnation. The broader conflict is marked by high-intensity actions, with Russia deploying ballistic missiles, guided bombs and drones against Ukrainian cities. The renewed aggression may shift expectations for further Russian advances into strategic areas such as Sloviansk and Kostyantynivka. In crypto-linked prediction markets, pricing has reportedly moved: odds of Russian forces achieving significant territorial gains appear to have changed, reflecting a higher perceived risk of expansion. Traders are also watching whether developments could affect the likelihood of Russia capturing all of Donetsk Oblast. What to watch: further Russian military movements and official territorial claims, potential troop buildups near Sloviansk (including via satellite imagery), and possible international responses such as increased military support for Ukraine or new sanctions against Russia. The situation is described as fluid, with near-term updates likely to drive sentiment and scenario pricing in markets.

PiWalletSV has launched an open-source, air-gapped hardware signing device designed specifically for BSV cold storage. The project builds a Raspberry Pi Zero W-based signer with no Wi‑Fi, Bluetooth, or Ethernet. Instead, a companion browser/web app prepares unsigned transactions and SPV proofs, which are transferred to the Pi via animated QR codes. The Pi re-verifies Merkle proofs on-device, displays transaction details, and signs only after a physical button press; the signed transaction is returned to the companion by QR. The developer is Monte Ohrt, a long-time Bitcoin builder who previously created the Smarty template engine. He cites “BSV-hostile” behaviour and compatibility failures across existing wallets and server ecosystems (including Ledger/KeepKey workarounds and ElectrumSV/ElectrumX issues) as the motivation for PiWalletSV. He says the seed phrase is generated on the Pi during setup and written down on paper, with no seed storage on the device. Pricing and availability: the project started with an initial batch of 10 DIY kits at $129, sold out within days. The device currently uses a 6-digit PIN that is planned to be strengthened against offline cracking in a future firmware update. Ohrt also notes ongoing improvements, such as showing the destination address for user verification. From a trading perspective, PiWalletSV is a BSV-focused security upgrade rather than a protocol change. However, it may support short-term sentiment and demand narratives around self-custody and hardware wallet readiness for BSV. The launch’s early sellout also signals real community interest in BSV-native cold storage solutions.

Bitcoin slipped back below $64,000 after failing to hold above $65,000, down over 1.6% on the day. Against this pullback, Bitcoin wallets holding 10,000+ BTC are strengthening: Santiment data shows the count of “elite” wallets rose to 90, a six-month high (up 7% over 8 weeks, +6 wallets). At the same time, smaller holders (micro wallets) reduced their BTC in August. Santiment links that drop to retail “FUD” after Coldcard-related hacks and delays around the CLARITY Act. The firm says supply is shifting toward stronger hands, which often precedes a more bullish impulse when the next major move hits. Technically, traders are watching $65,400 as the key confirmation level. “Doctor Profit” says a breakout likely requires multiple weekly closes above $65,400, not just a single push. Upside resistance zones are $77,000–$78,000 and then $83,000. If momentum fails, $61,500 could re-enter focus, followed by $54,000. Flow data is mixed: US spot Bitcoin ETFs saw $144.67M in net outflows (first negative August session). BlackRock’s IBIT led with about $53.5M outflows, with Grayscale’s GBTC and Fidelity also reporting losses. Meanwhile, MicroStrategy continued trimming, selling 1,690 BTC for ~$108.6M. Overall, Bitcoin wallets holding 10,000+ BTC at a six-month peak add a constructive backdrop, but ETF outflows and resistance keep near-term direction uncertain.

Riot Platforms signed an AI data center deal worth an expected $9.1B with a frontier AI customer identified by Bloomberg as Anthropic. The agreement covers 191 MW of computing capacity at Riot’s Rockdale, Texas campus, with deliveries of 96 MW in Dec 2027 and full 191 MW by Jun 2028. The base term runs through Jun 2048. Optional two 5-year extensions could raise total potential contract value to about $16.1B, while Riot estimates cumulative net operating income of roughly $7.3B–$8.2B over the base term. Riot’s filings describe the tenant only as a “leading frontier AI lab,” so customer identity confirmation still relies on Bloomberg reporting, with both sides not confirming details. Financing is a key factor for sentiment: Riot secured a $573M interim facility from Morgan Stanley for early construction while final funding is finalized. Riot estimates $2.1B–$2.3B in construction spending, expecting 80%–90% debt funding and $210M–$460M equity need (subject to terms). Riot also expanded signed “critical IT capacity” at Rockdale to 241 MW via an existing AMD lease. For crypto traders, this AI data-center deal reduces Riot’s reliance on pure Bitcoin mining economics, but the near-term BTC price impact is likely second-order versus broader BTC network and macro conditions. Keep an eye on BTC production and any changes to Riot’s power allocation as the AI buildout ramps.

The US has reinstated a naval blockade in the Strait of Hormuz, with CENTCOM enforcing it by targeting Iran-linked vessels. The administration says the move is meant to apply economic pressure on Iran without direct military action, after a brief pause during US-Iran negotiations. For crypto traders, the key variable is timing risk around any reversal. Markets now price a low chance the US ends the naval blockade by Aug 31, 2026 (about 31.5% probability), with even slimmer odds for an Aug 15, 2026 lift (around 9.5%). The overall setup still looks like sanctions and blockade enforcement, not a diplomatic breakthrough. What to watch: official statements from the White House and CENTCOM, renewed negotiation signals, and any Strait of Hormuz maritime incidents. A formal agreement could quickly reprice probabilities across time horizons, while further escalation would reinforce the enforcement-heavy scenario. Note: Probability levels referenced come from live prediction-market analysis.

A Russian missile attack on Ukrainian cities, including Kyiv and Zaporizhzhia, killed five people and injured more than 20, according to reports cited in the article. The strike reportedly used ballistic missiles and guided aerial bombs, suggesting a higher-intensity phase of the war. Ukrainian authorities confirmed the casualties and the use of advanced weaponry. Traders are also watching the geopolitical route of risk: prediction markets show rising odds that Russian forces may enter Sloviansk by end-December 2026, with some “YES” sub-markets moving higher as reports of Russian military activity increase. For crypto traders, this Russian missile attack headline flow can keep risk sentiment fragile. Watch for further attacks across the region, troop movements toward Sloviansk, and any satellite or intelligence indicators of buildup, along with key statements from Russia and Ukraine that could shift scenario pricing quickly. Keywords: Russian missile attack, Kyiv, Zaporizhzhia, Sloviansk, prediction markets, geopolitical escalation.

CT3 has started comprehensive preparations for the CT3GB token listing, positioning CT3GB as the primary settlement asset in its CT3 Cloud data-storage ecosystem. The plan includes scaling storage and computing capacity, and building financial and infrastructure reserves ahead of the open-market launch. CT3 says it deployed automatic backup technology, increasing demand and supporting always-on, continuous data-storage use cases. A key update is that after CT3GB goes live, CT3 plans to move major internal processes off Polygon and onto its in-house settlement system, using CT3GB for data-storage payments, settlements with infrastructure owners, reward distribution, and internal network settlement. On the tech front, CT3 is modernizing its storage layer by segmenting it into specialized smart contracts with independent capacity limits and resource accounting to improve transparency and scalability. Before launch, it will complete an independent audit of the core smart-contract infrastructure, focusing on security, business-logic correctness, and standards compliance. For traders, CT3GB is being framed as a utility-driven token via day-to-day CT3 Cloud operations, not just a listing headline—making CT3GB-related sentiment sensitive to audit progress and ecosystem scaling milestones.

BTCPay Server announced a BTCPay bounty after merchants’ Bitcoin payment servers were drained in an exploit linked to Lightning node credentials. The project will pay 10% of any recovered stolen bitcoin, capped at 3 BTC (about $190,000), to anyone providing information leading to the funds’ return, including the attacker. According to BTCPay, attackers last week exploited a vulnerability to obtain LND (Lightning Network Daemon) credentials and drain connected Lightning wallets. Affected merchants included Foundation and the bitcoin publication Citadel21, but the total stolen amount has not been published by BTCPay or the victims. BTCPay said it has engaged exchanges, blockchain analytics firms and law enforcement to trace the money. It also urged merchants to file reports with local police and with any service where traced funds may land. For operational risk control, BTCPay advised moving excess from hot wallets to cold storage and doing so more frequently during this period of “rapid, AI-driven change.” Separately, BTCPay is paying researchers tied to the “Bitcoin Red Team” and developer Craig Raw for responsible disclosure, donating 0.21 BTC to each. The vulnerability’s report was used to create the patch that addresses the issue. BTCPay bounty details may influence sentiment among traders who track exchange/merchant security events and potential sell-pressure tied to stolen BTC recovery timelines.

U.S. President Donald Trump has demanded Iran pay reparations for past attacks as U.S.-Iran-Oman talks continue over reopening the Strait of Hormuz, a key global energy chokepoint. The Strait remains closed to commercial shipping and negotiations are unresolved. Markets are pricing in greater uncertainty about whether Iran will impose transit fees. The probability of Iran charging fees by Oct. 31, 2026 rose to 44.5% (from 42% a day earlier). By contrast, the chance of fees by end-August is steady at 8%, suggesting limited immediate changes but persistent longer-term tail risk. The Trump reparations demand hardens the U.S. stance, which could complicate diplomacy and lift risk premia tied to potential escalation. Traders should watch for statements from Iran’s Foreign Ministry and the U.S., plus any announcements from shipping firms or Iranian media about tolls. Progress on U.S.-Iran talks and any Iran-Oman maritime developments could quickly shift expectations.

The Indian rupee dipped as oil prices rose on escalating Middle East uncertainty. Reuters reports the Reserve Bank of India (RBI) intervened in the FX market to stabilize the Indian rupee and curb further depreciation. Higher crude prices are linked to geopolitical risk, lifting global energy costs and reinforcing market speculation that crude could push to fresh highs. Traders have also increased expectations for elevated crude into year-end, with the December 31 sub-market showing a higher probability of a new peak. For crypto traders, the key channel is macro volatility: a weaker Indian rupee can worsen inflation and financial stress via higher import costs. The RBI intervention is aimed at reducing FX volatility from external shocks, which may help temper near-term risk sentiment, but the persistence of oil-price strength could keep pressure on the Indian rupee. What to watch next: Middle East developments that affect oil prices, plus any supply signals or actions from OPEC and the International Energy Agency (IEA). Any supply-side change could rapidly shift crude expectations and spill over into FX sentiment tied to the Indian rupee.

Bitcoin’s BIP-110 fork triggered a chain split on Saturday, but the breakaway chain is now effectively stalled. Key status: the forked chain is at block 961,633 (its second block), while the main Bitcoin chain is at block 961,959—leaving BIP-110 about 326 blocks behind. Why it stalled: the fork inherited Bitcoin’s current mining difficulty, yet the fork’s coin has no market value, exchange listing, or buyers. Miners therefore have little incentive to continue supporting BIP-110. Difficulty lock: the forked chain cannot lower its mining difficulty until it reaches 2,016 blocks. Current monitoring estimates the next difficulty adjustment could take about 6.3 years (up from ~350 days earlier), with Bitcoin’s next scheduled difficulty change due in about 12 days. Context and uncertainty: one observer cautioned that it is too early to declare BIP-110 a failure, noting that changes to Bitcoin’s rules require coordination across miners, developers and the broader ecosystem. For traders, the core takeaway is that the BIP-110 fork lacks miner momentum and faces a long wait before the network can self-correct via difficulty adjustment.

Trump Media & Technology Group reported a $238.1 million net loss for Q2 on Aug. 10, driven mainly by digital-asset and securities markdowns. The company recorded $190.4 million of unrealized losses in Q2, alongside $25.6 million in legal expenses and $13.7 million in operating cash outflows. Bitcoin (BTC) remained central to the balance sheet update. Trump Media increased its BTC holdings to 14,139 BTC as of July 31, after buying more coins in July. Earlier, it held 9,477.16 BTC at June 30 (fair value about $557.1 million). After the quarter, it sold about $159.6 million of equity securities tied to BTC products and used proceeds to purchase BTC directly. The reported 14,139 BTC includes pledged coins. The treasury structure also includes riskier instruments: Trump Media pledged 2,077.34 BTC for BTC options and 4,260.73 BTC as collateral for convertible notes (withdrawal restrictions through May 29, 2028). For the first time, it disclosed third-party BTC lending/yield arrangements, warning about counterparty, custody, and insolvency risks. Operationally, Q2 revenue rose 89% to $1.67 million, but lower Truth Social advertising revenue partially offset gains from subscriptions and fees. Management said legacy legal matters are expected to decline, though general and administrative expenses rose to $35.9 million. Separately, Trump Media terminated a proposed CRO treasury venture and is watching a next sell-window for CRO on Aug. 26. It also plans a potential merger with TAE Technologies in Q4 2026, subject to regulatory conditions.

Messari’s State of TRON Q2 2026 report shows TRON USDT activity strengthened alongside record stablecoin supply. TRON processed about $2.1T in USDT transfers in Q2, with USDT supply ending the quarter at $87.9B (TRON remains the largest host for circulating USDT, ahead of Ethereum at $78.7B). On-chain, TRON fees rose 15.9% QoQ to $699.4M after the 2025 “energy unit” fee cut. Average transaction cost increased 5.4% to roughly $0.65. Despite higher fees, the network stayed net inflationary: circulating TRX rose to ~94.85B, while total staked TRX fell to 45.7B and the staking rate slipped to 48.2%. U.S. market access for TRX expanded further. Binance.US restored TRX spot trading, Bitnomial added spot TRX and plans CFTC-regulated TRX futures (launch noted for July 27), and Anchorage Digital opened regulated institutional TRX staking/custody. Canary Capital updated an SEC filing for a staked TRX product (planned Cboe BZX listing, ticker TRXS), pointing to possible ETF eligibility progress, though SEC approval is not confirmed. Regulatory and risk updates include OFAC adding 131 TRON addresses to the ISIS K designation list, with Tether reportedly freezing balances there. For traders, the key question is whether TRON USDT transfer momentum and higher fees persist after expanded access—and whether TRX supply can swing back toward net deflation.

SoSoValue data shows Bitcoin spot ETF flows flipped on Aug 10 (ET): total net outflows reached $145M. Inflows were led by Grayscale’s mini Bitcoin trust ETF (BTC), which added $37.06M and lifted its historical net inflow to $2.70B. On the outflow side, BlackRock’s iShares Bitcoin Trust ETF (IBIT) recorded the largest single-day outflow at -$53.56M, while its historical net inflow rose to $61.12B. Bitcoin spot ETF total net asset value stood at $78.16B, with a net asset ratio of 6.07%. Cumulatively, Bitcoin spot ETFs have generated $52.03B in net inflows. Traders should treat this as near-term demand cooling versus earlier accumulation, with flow concentration concentrated in IBIT.

Prediction markets trading terminal “Fireplace” has shut down less than seven months after launch. On Aug 10, the company told users it will close the platform and keep the site live until Sep 30 (23:59 UTC) so traders can close prediction markets positions, withdraw funds, and export their account. Fireplace raised $1.5M in February (pre-seed). The announcement did not state a reason for the shutdown, and replies questioning whether volume was the issue received no response. The team said anyone building in prediction markets or interested in its technology should contact them. Launched publicly on Jan 27, Fireplace aggregated markets and execution across venues with real-time data, wallet and “whale” tracking, advanced charting, and smart order routing. It claimed a large waitlist (30,000+) and stated that prediction markets “needed their own Bloomberg Terminal.” The article also notes ongoing investment and momentum in the wider prediction markets sector: Kalshi closed a $1B Series F in May at a $22B valuation, and Polymarket reportedly discussed a ~$400M raise near a $15B valuation. Fireplace previously routed orders to Polymarket and Kalshi. For traders, the immediate impact is operational: users must act before Sep 30 to avoid stranded exposure in prediction markets. Liquidity and routing for these tools may shift to other venues over time.

Taiwan’s VASP (virtual asset service provider) industry association has placed Binance on its warning list. The stated reason is that Binance has not completed anti–money laundering (AML) registration with Taiwan’s Financial Supervisory Commission (FSC), so it is not allowed to provide virtual-asset services in Taiwan or solicit Taiwanese users via advertising. The notice also urges the public to avoid using Binance’s Taiwan-facing services and to refrain from sending funds to Binance-related accounts. The article notes that other major offshore exchanges—such as Bybit, OKX, Gate.io, Bitget, Pionex, BitMart, and others—have already been listed for similar non-registration issues. Importantly, the warning is not presented as a formal declaration that Binance is a scam. Instead, the “red line” is compliance at the business/marketing level: if an offshore platform engages in in-country solicitation (e.g., targeted ads, influencer promotions, or localized customer engagement), it may cross regulatory boundaries. With Taiwan’s Virtual Assets Service Act already passed (moving toward a licensing regime), the warning list is framed as part of a broader crackdown to bring offshore platforms under supervision and improve cooperation on anti-fraud, asset tracing, and account monitoring. For traders, this raises operational and liquidity concerns for users relying on Binance from Taiwan, even if existing balances are not immediately classified as illegal.

Bitcoin slipped to around $64,000 after a fourth failed attempt to hold $65,000, keeping broader crypto sentiment weak. Traders are watching a potential next inflection point at $70,000, near bitcoin’s 200-day moving average. In the majors, ether fell more than 2% to about $1,878. XRP led losses, dropping nearly 2% to around $1.01 and sliding almost 6% on the week—the worst performer among large caps. Solana eased under 1% to roughly $76 but still leads on the week, while BNB slipped to about $600 with a modest weekly gain. Market analyst Alex Kuptsikevich (FxPro) said price action around $65,000 lacked a clear buy surge, suggesting a build-up of short positions above that level rather than simple profit-taking. If bitcoin can clear $70,000, sentiment could shift meaningfully; if it fails, downside pressure may persist. The crypto sentiment index remains in the “fear zone” (around 30), where it has lingered since mid-July. Macro factors are weighing on risk assets: U.S. 10-year Treasury yields rose to about 4.71%, and Brent crude jumped to around $87.73 before Wednesday’s U.S. inflation data. Higher oil can lift inflation expectations, supporting yields and pressuring assets that typically struggle when rates rise. Coincidentally, U.S. spot bitcoin funds saw earlier inflows totaling about $865 million over five sessions through Aug. 7, followed by a provisional outflow of about $91 million on Monday. For traders, XRP’s weakness reinforces caution while bitcoin’s $65,000–$70,000 range becomes the key trading battleground.