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Showing posts from August 8, 2026

CLARITY Act Heads Toward Sept. 15 Senate Vote as Crypto Bill Advances

The U.S. Senate is positioning the Digital Asset Market Clarity Act for a potential Sept. 15 procedural vote, moving the major crypto market structure bill closer to floor consideration. CLARITY Act Faces Sept. 15 Senate Procedural Test Digital asset legislation will return to the center of the Senate agenda as lawmakers prepare for a key […]

Ethereum Whale Capitulates After 3 Years, Losses Top $19 Million

An ethereum whale who bought in during 2022 and 2023 capitulated on August 8, selling at a loss now exceeding $19 million, the same day a separate fresh wallet received $87.28 million in bitcoin from Galaxy Digital. Three Years, One Capitulation Onchain sleuths flagged the exit, tracking a wallet that had held its Ethereum position […]

Crypto Weekly: ADA and Privacy Coins Outperform While XRP Slides

The aggregate crypto market cap rose from under $2.2 trillion to $2.9 trillion during the first week of August 2026. Bitcoin gained over 3% to peak above $65,300, pushing its market cap past $1.3 trillion while Cardano logged a second week of double-digit gains. Bitcoin Reclaims $65,000 Despite CLARITY Act Setback The first week of […]

BIP-110 Splits Bitcoin as Rival Miners Clash at Block 961632

Onchain data confirms the BIP-110 activation period is live, and Bitcoin’s blockchain has fractured into two versions. Stats show Bitcoin block 961632 was mined by mining heavyweight Antpool, while BIP-110 supporter Roughnecks produced a rival version of block 961632. Rival Miners Split Bitcoin at Block 961632 Several monitoring sites, including forkwatch.tv and the web portal […]

Genius Sports Now Settles Contracts for Both Kalshi and Polymarket

  Genius Sports signed official-data, integrity, and marketing agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, putting one supplier underneath the settlement layer of both rival prediction platforms. The company’s second-quarter results, published a day later, already credit prediction markets with an incremental contribution to margin. Key Takeaways Genius Sports signed Polymarket on Aug. 4 and Kalshi on Aug. 5. Genius booked prediction-market revenue in Q2, before either deal was signed. Q2 revenue rose 65% to $195.5M; Genius still posted a $76.7M net loss. One Data Supplier Playing Both Sides of the Prediction-Market Rivalry Genius Sports will supply Kalshi with real-time official data across its full soccer portfolio, including the English Premier League, Serie A, Liga MX, the Argentine Primera División, and French Ligue 1, under an agreement announced Aug. 5 . Kalshi will use the verified feeds as a single source of truth for settling sports event contracts, join Ge...

US and UK Reveal Digital Asset Plan to Modernize Finance

  American and British regulators are expanding cooperation on crypto , tokenization , payments, artificial intelligence , and financial resilience . The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize two major financial markets. Key Takeaways U.S. and UK regulators expanded cooperation on digital assets . Officials reviewed crypto rules, tokenization, AI , and payments. The countries plan comparable standards for stablecoins and similar financial risks. Regulators Expand Their Transatlantic Digital Asset Agenda The U.S. Department of the Treasury published a joint statement on Aug. 4 summarizing discussions from the July 8 U.S.-U.K. Financial Regulatory Working Group meeting in London. The statement outlined coordinated efforts to advance crypto regulation , payment modernization , financial stability , and capital-market reforms across both jurisdictions, clarifying shared transatlantic regulatory priorities ...
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