Trader Killa Says Bitcoin Has Started Rebounding From Its Lows, Keeps Target Above $150,000

Prominent crypto trader Killa said Bitcoin has started rebounding from its lows. In an Aug. 19 post on X, formerly Twitter, Killa wrote that waiting for a perfect bottom could cause investors to miss the entire subsequent upswing. Rather than waiting

Trump to Meet Tech Industry Leaders at White House on Aug. 19, Crypto Executives Also Set to Attend

President Donald Trump is set to meet with technology industry officials at the White House on Aug. 19. Cointelegraph, citing Reuters, reported that Trump is scheduled to speak at 2:30 p.m. at the White House alongside leading figures from the tech i

Bitfinex Says Bitcoin Near Bear-Market Exit, With $70,000 Break Possible

Bitcoin has met two of the three conditions needed to emerge from a bear market, crypto-focused media outlet CryptoPotato reported on August 18, citing a Bitfinex report. Bitfinex wrote that expectations for interest-rate cuts and easier financial co

Wyoming Moves FRNT Cross-Chain Infrastructure to Chainlink From LayerZero

Wyoming has moved the cross-chain infrastructure for Frontier Stable Token, or FRNT, its Solana-based state-backed stablecoin, from LayerZero to Chainlink. CoinDesk reported on Aug. 18 that the Wyoming Stable Token Commission completed the migration

Telegram Applies for '.gram' Domain to Offer Personal Web Addresses to 1 Billion Users

Telegram has formally applied for the “.gram” top-level domain as it seeks to offer users personal domain names. Pavel Durov, Telegram’s founder, wrote on X on Aug. 18 that the company had officially submitted the application to the Internet Corporat

CFTC Chairman Says Anti-Crypto Forces Have Suppressed Innovation, Vows New Frontier in Finance

Mike Selig, chairman of the U.S. Commodity Futures Trading Commission, said forces opposed to digital assets have suppressed financial innovation. Watcher.Guru reported on August 18 that Selig said, “For years, anti-crypto forces, pessimists and thos

Crypto Card Spending Reaches $759 Million in July, Up 2.5 Times From a Year Earlier

Spending on cryptocurrency payment cards rose about 2.5 times from a year earlier in July. Unfolded reported on August 18 that crypto payment card spending totaled $759 million in July, compared with about $306 million in the same month last year. Da

US Stocks Close Lower; Nasdaq Falls 0.32%

The three major U.S. stock indexes closed lower on August 18. The Nasdaq Composite fell 0.32% from the previous session to 26,644.91. The Dow Jones Industrial Average dropped 0.51% to 53,460.02, while the S&P 500 declined 0.52% to 7,745.39.

Bitfinex Says Bitcoin Shows Mid- to Late-Bear Market Traits, With $63,200 Support

Bitcoin is showing characteristics of a mid- to late-stage bear market, Bitfinex said. Wu Blockchain reported on August 17 that Bitcoin is trading between the long-term holder realized price of $52,699 and the short-term holder realized price of $67,

Xi Said to Skip UN General Assembly, Focus on Sept. 24 Trump Summit

Chinese President Xi Jinping is expected to skip the United Nations General Assembly during a US visit next month and instead focus on a summit with President Donald Trump. Walter Bloomberg reported on August 17 that Xi is scheduled to meet Trump at

Compound Revamps Leadership, Approves $52 Million Budget to Woo Institutional Investors

DeFi lending protocol Compound Finance has overhauled its leadership team and approved a $52 million budget. CoinDesk reported on August 17 that Compound plans to focus on attracting institutional investors as it tries to revive growth. The protocol’

Global Bond Issuance Falls 16% on Year; Investment-Grade Corporate Debt Sales Jump 60%

Global bond issuance fell 16% last week from a year earlier. Goldman Sachs said on August 17 that global bond sales declined 16% from the same period last year. Even so, cumulative issuance since the start of the year remained 9% above year-earlier l

White House to Hold Aug. 19 Meeting With Crypto, Prediction Market Executives

The White House will hold a meeting with representatives from the cryptocurrency and prediction market industries on Aug. 19. Crypto-focused media outlet U.Today reported on Aug. 14 that attendees will include major crypto companies and investors suc

Justin Sun Says Binance’s HTX Transfer Restrictions Apply Only to UK, EU Users

Binance said it will restrict deposits and withdrawals involving 11 exchanges and platforms, including HTX, formerly known as Huobi. Justin Sun, founder of Tron, said the measure applies only to users in the UK and the European Union. In a post on X

Gemini Buys 1,689 More Bitcoin, Bringing Holdings to 5,528 BTC

Gemini bought an additional 1,689 Bitcoin, Bitcoin Magazine reported on Aug. 14. The purchase brought the cryptocurrency exchange's total Bitcoin holdings to 5,528 BTC.

CryptoQuant Says Bitcoin Profitability Hits Record Low, Signaling Potential Capitulation

Bitcoin investor profitability has fallen to its lowest level on record, signaling a potential capitulation event, according to CryptoQuant. The on-chain analytics firm said on Aug. 14 that Bitcoin profitability had dropped to an all-time low. Crypto

Ross Gerber Says Saylor Has Made Him Skeptical of Bitcoin

Ross Gerber, founder and chief executive officer of U.S. asset manager Gerber Kawasaki Wealth, said Strategy Chairman Michael Saylor has made him skeptical of Bitcoin. On Aug. 14, Gerber wrote on X, formerly known as Twitter, that “Michael Saylor mad

DeFi Development Posts $27 Million Second-Quarter Loss, Halts Solana Accelerator

DeFi Development, a US-listed company that has been strategically accumulating Solana, posted a loss of about $27 million in the second quarter. CryptoSlate reported on Aug. 13 that DeFi Development recorded a $21.519 million net loss on digital asse

US Stocks Turn Higher; Nasdaq Gains 0.93%

The three major U.S. stock indexes turned higher on Aug. 14. The Nasdaq Composite rose 0.93% from the previous session to 26,836.49. The Dow Jones Industrial Average added 0.04% to 53,789.32, while the S&P 500 gained 0.68% to 7,801.37.

Rekt Capital Says Bitcoin Buying Near 200-Week SMA Has Weakened in August

Bitcoin is seeing weaker buying interest near its 200-week simple moving average, or SMA, this month, according to crypto analyst Rekt Capital. On Aug. 13, Rekt Capital wrote that Bitcoin rebounded last month after finding support near the 200-week S

Galaxy Digital CEO Says Persistent US Deficits Keep Him Bullish on Bitcoin

Michael Novogratz, chief executive officer of Galaxy Digital, said he remains bullish on Bitcoin because of rising US government deficits and debt. Novogratz wrote on X on August 13 that the US fiscal outlook is becoming increasingly worrisome, crypt

U.S. Stocks Close Mixed; Nasdaq Rises 0.54%

The three major U.S. stock indexes closed mixed on August 13. The Nasdaq Composite rose 0.54% from the previous session to 26,588.49. The Dow Jones Industrial Average fell 0.40% to 53,770.16, while the S&P 500 gained 0.27% to 7,749.19.

233,000 Bitcoin Shift From Long-Term Holder Wallets After Coldcard Hack

Decrypt reported on Aug. 11 that about 233,000 Bitcoin moved out of long-term holder wallets after attackers exploited a firmware vulnerability in Coldcard, causing about $130 million in losses. That was more than 100 times the value of the funds sto

Fold Sells 832 Bitcoin in First Half, Cutting Holdings to 194 BTC

Fold, the Nasdaq-listed Bitcoin financial services company, sold a total of 832 BTC in the first half of 2026 to repay debt and fund operations. CryptoSlate reported on Aug. 12 that Fold sold 200 BTC for $14.4 million in February and an additional 63

Trump Sued Over Plan to Give Paying Users Early Access to Truth Social Posts

President Donald Trump has been sued over a plan to give paying customers early access to his Truth Social posts. A lawsuit has been filed over the “Truth API,” a service operated by Trump Media & Technology Group, Trump’s social media company, Walte

U.S. Stocks Close Lower; Nasdaq Falls 0.60%

The three major U.S. stock indexes closed lower on August 12. The Nasdaq Composite fell 0.60% from the previous session to 26,445.45. The Dow Jones Industrial Average slipped 0.34% to 53,791.97, while the S&P 500 declined 0.35% to 7,725.76.

Barclays Says Long-Term US Treasury Yields May Stay Near Multi-Decade Highs

Barclays said long-term US Treasury yields could remain near multi-decade highs as the market grows more dependent on price-sensitive private investors, according to Walter Bloomberg on August 11. Private investors now hold about 73% of US Treasuries

TD Cowen Says Aug. 14 SEC Meeting Could Be a Turning Point for Crypto Regulation

TD Cowen said a public meeting the U.S. Securities and Exchange Commission has scheduled for Aug. 14 could mark a major turning point for cryptocurrency regulation. The investment bank said, citing a report by The Block on Aug. 11, that the SEC may e

Iran Says Strait of Hormuz Won't Reopen Until US Changes Stance, Accepts Its Terms

Iran will not reopen the Strait of Hormuz unless the US changes its stance and accepts Tehran's terms, Rezaei, secretary of Iran's Supreme National Security Council, said, according to Walter Bloomberg on August 11.

US Household Debt Falls to $18.8 Trillion in Second Quarter, New York Fed Says

US household debt fell by $13 billion from the previous quarter to $18.8 trillion in the second quarter, according to the Federal Reserve Bank of New York, Walter Bloomberg reported on August 11. Mortgage balances declined by $74 billion to $13.1 tri