Crypto Breaking

Trump Media said it is overhauling how it manages its digital-asset portfolio after unrealized losses on cryptocurrencies and securities pushed the company to a $238 million net loss in the second quarter. In its Q2 update released Monday, the business behind Truth Social and financial services brand Truth.Fi said it plans a “revamp” of its treasury approach aimed at keeping long-term crypto exposure while better controlling balance-sheet volatility.
The company attributed $190.4 million in unrealized losses across digital assets, pledged digital assets and equity securities. It also framed the changes as a way to improve the “productivity” of its balance sheet—an emphasis that suggests it intends to continue earning yield and structuring risk around Bitcoin, rather than simply holding spot exposure indefinitely.
Key takeaways
Trump Media reported $190.4 million in unrealized losses tied to its digital assets, pledged holdings and equity securities during Q2.
The company plans a new treasury framework to preserve long-term digital-asset exposure while managing volatility and improving balance-sheet efficiency.
Trump Media’s Q2 filing indicates it already used options to manage Bitcoin volatility and to generate premium income, alongside deploying some BTC into yield arrangements.
In July, Trump Media increased its Bitcoin exposure after selling Bitcoin-related securities worth $159.6 million and buying BTC with the proceeds.
Trump Media warned that its Bitcoin yield/carry strategies introduce counterparty credit risk, including potential inability to recover Bitcoin if a counterparty becomes insolvent.
A larger rethink after a heavy Q2 loss
Trump Media said the portfolio losses were a key driver of its Q2 results, which ended in a $238 million net loss. Alongside the headline loss, the company disclosed a specific figure for unrealized drawdowns: $190.4 million spanning digital assets, pledged digital assets and equity securities.
Management’s stated intent for the “revamp” is not to eliminate crypto exposure, but to keep it while refining how the company absorbs and mitigates volatility. That framing matters for investors because it signals an ongoing commitment to crypto-linked strategies—particularly ones that may involve derivatives or lending structures—rather than a full shift toward holding only unencumbered assets.
Trump Media’s broader business context also provides a clue about the internal priorities behind the treasury shift. The company said it plans to direct more resources toward Truth Social, Truth+, and other media segments as part of a capital-allocation change.
Where the Bitcoin stood: little movement in Q2, a jump in July
According to the company’s Q2 reporting, its Bitcoin exposure was relatively stable throughout the second quarter. As of June 30, Trump Media held 9,477.16 BTC, down slightly from 9,542.16 BTC at the end of the prior quarter.
What complicates the picture is that the company also uses Bitcoin in collateral and structured strategies. In addition to its direct holdings, it pledged 2,077.34 BTC as collateral for its options approach. The filing also indicated that 4,260.73 BTC of reported holdings were posted as collateral for convertible notes.
The direction changed in July. Trump Media said it sold Bitcoin-related securities worth $159.6 million and used the proceeds to purchase Bitcoin. By July 31, the company reported holding approximately 14,139 BTC, including pledged Bitcoin, valued at about $890.5 million at the time.
For readers tracking crypto treasury behavior, the sequence is important: Q2 shows modest net spot movement, while July reflects a more decisive increase in aggregate BTC exposure—likely a response to how the company wanted to position itself after the earlier quarter’s unrealized losses.
Options and yield: how Trump Media says it manages volatility
In its Q2 filing, Trump Media described an approach that blends active derivatives management with yield-oriented deployment. The company said it is already using options to help manage Bitcoin volatility and to generate premium income. It also stated that it deploys some BTC through lending and other yield-generating arrangements.
This matters because options and yield structures can change the risk profile of a “Bitcoin holdings” headline. While spot exposure can be a straightforward mark-to-market asset, options premia and collateralized arrangements can introduce additional sensitivities—such as counterparty performance, liquidity, and constraints on how quickly the company can move or liquidate its BTC.
Trump Media also highlighted that the yield/carry strategies are relatively new. That qualifier suggests the company may still be learning how these structures behave under stress conditions, which lines up with its later risk disclosures about counterparties and recoverability.
Risk disclosure: counterparty credit exposure and operational limits
Trump Media warned that its Bitcoin yield strategy creates counterparty credit risk and the possibility of losing assets. The company said it has deployed part of its Bitcoin holdings to third parties via lending, placement and other arrangements designed to earn additional income.
According to the filing, some of these counterparties may not be rated by major credit rating agencies. In that scenario, the company said the counterparties could default during market downturns, liquidity crises or other periods of financial distress.
Trump Media also cautioned that if an arrangement is unsecured, it may be unable to recover its Bitcoin if a counterparty becomes insolvent. Beyond credit risk, it noted operational constraints: when BTC is deployed, the company may have limited ability to sell or pledge it, and counterparties may be able to use the assets at their discretion.
These are the kinds of details that can significantly affect investor expectations. Even if a treasury strategy is designed to reduce volatility or generate income, counterparty failure risk can turn income strategies into loss drivers—especially if recovery terms are weak or assets are not fully secured.
What to watch next
As Trump Media moves to implement its revamped digital-asset treasury framework, investors should focus on how the company structures options, how much BTC remains unencumbered versus pledged, and whether its new approach reduces reliance on unsecured or hard-to-recover yield arrangements during stress periods. The next quarterly filing will likely be the clearest window into whether the framework stabilizes results without increasing counterparty risk.
This article was originally published as Trump Media to Rework Crypto Treasury Strategy After $238M Q2 Loss on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Trump Media says it will overhaul how it manages its digital-asset treasury after crypto and securities losses contributed to a $238 million net loss in the second quarter. In its Q2 earnings materials, the company attributed $190.4 million in unrealized losses to its mix of digital assets, pledged digital assets, and equity securities, while describing a plan aimed at keeping long-term Bitcoin exposure but reducing balance-sheet volatility.
The publicly traded company—best known as the parent of social platforms Truth Social and Truth+ and the financial services brand Truth.Fi—linked the strategy shift to the need for a more resilient framework. The company noted that the changes are meant to improve the “productivity” of its balance sheet without abandoning its core digital-asset positioning.
Key takeaways
Trump Media reported $238 million net loss in Q2, with $190.4 million tied to unrealized losses across digital assets, pledged digital assets, and equity securities.
A new treasury framework is planned to preserve long-term Bitcoin exposure while managing volatility and improving capital efficiency.
Bitcoin use in hedging and yield activity is already in place, including options-based volatility management and deployments of some BTC to third parties.
The company increased direct Bitcoin exposure in July, moving from 9,477.16 BTC at quarter-end to about 14,139 BTC by July 31, including pledged BTC.
Counterparty and liquidity risks are explicitly flagged for Bitcoin-yield strategies, including default risk and limits on selling or pledging deployed BTC.
Why Trump Media is changing its digital-asset plan
Trump Media’s shift comes as investors focus on how publicly traded firms balance crypto exposure with the accounting swings that unrealized losses can create. In its second-quarter reporting, the company said its existing digital-asset and securities positions generated significant unrealized markdowns. Those losses, it said, were part of what drove the quarter’s large net loss figure.
Rather than retreating from Bitcoin, Trump Media emphasized that the revamp is intended to “preserve” long-term exposure while addressing volatility and making the balance sheet work more efficiently. The company also said it plans to direct more resources toward Truth Social, Truth+, and other media operations, framing the treasury shift as part of a broader capital allocation change.
Because the group is tied to former U.S. President Donald Trump, the broader context matters for market watchers. The filing notes that a trust holding roughly 41.1% of Trump Media’s voting power as of Feb. 25 remains the sole beneficiary of Trump Media voting power, according to the company’s latest annual report.
What the Q2 filing says about Bitcoin strategy
Trump Media’s Q2 documentation indicates it is not treating Bitcoin purely as a long-term spot holding. Instead, the company described a framework that already includes options to manage Bitcoin volatility and generate premium income. It also reported using part of its BTC in lending and other yield-style arrangements.
As of June 30, Trump Media held 9,477.16 Bitcoin, down slightly from 9,542.16 BTC at the end of the prior quarter. Separately, it reported pledging 2,077.34 BTC as collateral for its options strategy. The company also said 4,260.73 BTC was serving as collateral for convertible notes.
That structure shows a balancing act: maintaining Bitcoin exposure while ring-fencing assets for derivatives and financing obligations. It also highlights how pledged collateral can constrain a company’s flexibility during drawdowns or liquidity events.
July: Bitcoin-related sales followed by increased BTC exposure
While the second quarter itself left Trump Media’s direct Bitcoin holding relatively stable, the company later stepped up its Bitcoin exposure in July. By July 31, Trump Media said it held approximately 14,139 BTC, including pledged Bitcoin, which it valued at about $890.5 million at the time of reporting.
The path to that increase was tied to an intermediate step: the company said it sold Bitcoin-related securities worth $159.6 million in July and used the proceeds to purchase Bitcoin. This matters because it suggests the company viewed those securities as a temporary component in its capital deployment rather than a permanent replacement for direct BTC exposure.
For readers tracking how non-traditional crypto entrants manage treasury assets, the key takeaway is that Trump Media’s exposure management appears active rather than passive. The company is also maintaining a portfolio where some Bitcoin remains tied up—through pledges and other arrangements—while the headline BTC totals can rise through incremental purchases.
Risks Trump Media says it faces with BTC yield activities
Trump Media’s filings do not just outline how it earns additional income; they also provide a clear warning about the trade-offs. The company stated it deployed a portion of its Bitcoin holdings to third parties via lending, placement, and other yield-generating arrangements, describing these as relatively new strategies.
According to the company, some counterparties may not be rated by major credit rating agencies. That increases the risk that counterparties could default during periods such as market downturns, liquidity crises, or other financial stress.
Trump Media also warned that if an arrangement is unsecured, it may be unable to recover its Bitcoin in the event a counterparty becomes insolvent. It added that its ability to sell or pledge Bitcoin can be limited while assets are deployed, and that counterparties may use the assets at their discretion.
These disclosures are especially relevant when paired with the company’s decision to revamp its treasury strategy. The new framework is positioned as a way to maintain long-term exposure and reduce volatility, but the filings indicate the risk is not only market-driven. It is also operational and credit-driven—tied to whether deployed Bitcoin is recoverable and how counterparties behave under stress.
In other words, the company is trying to enhance balance-sheet performance while accepting that yield-style BTC deployments can introduce new failure modes that typical spot holding does not.
What investors should watch next
Trump Media has flagged both accounting volatility from unrealized losses and credit/liquidity risk from its Bitcoin-yield counterparties. Going forward, investors will likely focus on how the company implements its revamped treasury framework—particularly whether it changes the share of Bitcoin deployed to third parties versus retained as pledged collateral or held directly, and how those choices affect reported results in subsequent quarters.
This article was originally published as Trump Media Plans Crypto Treasury Overhaul After $238M Q2 Loss on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Thailand is rolling out a targeted tax break for crypto investors: beginning January 1, 2025, capital gains tax on profits from crypto trades conducted through platforms licensed by the country’s Securities and Exchange Commission will be exempt for five years, through December 31, 2029.
The move is designed to strengthen Thailand’s position as a regional digital-asset hub, while drawing a clear line between regulated onshore platforms and trading activity that occurs outside licensing—where investors would remain subject to standard personal income tax rates of up to 38%.
Key takeaways
Thailand will exempt qualifying crypto capital gains for trades executed via SEC-licensed platforms from Jan. 1, 2025 to Dec. 31, 2029.
Unlicensed or overseas exchange activity is still taxed under standard personal tax rates up to 38%.
The policy is intended to make Thai-regulated access more attractive for investors, aligning crypto treatment with that of traditional securities.
Across Asia, regulators and courts are simultaneously pushing for stronger controls—ranging from anti-scam withdrawal safeguards to travel-rule style data sharing.
Thailand’s five-year capital gains exemption for regulated exchanges
Under the new framework, crypto investors in Thailand will not pay capital gains tax on sales made through platforms licensed by the Thai Securities and Exchange Commission. The exemption runs for five years, covering January 1, 2025 through December 31, 2029.
While the tax incentive is specifically tied to using licensed venues, the exemption also signals a broader regulatory posture: Thailand is effectively attempting to mirror capital gains treatment applied to traditional securities. That linkage matters because it changes how investors model after-tax returns when comparing Thai-regulated offerings with offshore alternatives.
However, the relief is not universal. Traders who use exchanges that are unlicensed in Thailand, or that operate overseas without meeting the local licensing requirements, are expected to continue facing the country’s regular personal tax rates, reported as as high as 38%.
Thailand’s approach also follows earlier steps. In early 2024, the country reportedly waived 7% value-added tax on crypto gains—suggesting a pattern of phased adjustments aimed at improving the competitiveness of licensed crypto activity.
Asia’s policy push: scams, travel rules, and enforceability
Thailand’s tax move lands in a wider regulatory environment across Asia where authorities are focusing not only on market structure, but also on operational safeguards and information-sharing.
In Japan, for example, the Financial Services Agency has asked exchanges to adopt withdrawal delays and additional controls to combat scams. The regulator and Japan’s National Police Agency also highlighted patterns where fraudulent proceeds are transferred to exchange accounts. The requested measures include restricting withdrawals for a set period after customers deposit fiat or purchase digital assets, requiring users to pre-register withdrawal addresses, and enforcing a waiting period before newly added addresses can be used.
Taiwan is moving in a similar compliance direction. The Financial Supervisory Commission is set to require crypto platforms to transmit customer information for domestic platform-to-platform transfers starting in October. The rules apply irrespective of transfer value, with extra data requirements for transfers above 30,000 New Taiwan dollars (about $930). For high-value transfers, additional details such as a sender’s date of birth and residential address (for individuals) or corporate identification and registered address are expected. Receiving platforms would also need to verify beneficiary information provided by the sending institution against their own records. Taiwan also plans to extend the framework to transfers between domestic and overseas VASPs by the end of 2027.
Enforcement and asset tracing: Bybit’s North Korea case
Regulatory safeguards are running alongside legal efforts to trace and recover stolen funds. In a US court case involving exchange Bybit, a federal judge reportedly supported Bybit’s bid to trace assets connected to the widely reported $1.5 billion North Korea-linked hack from February 2025.
According to newly revealed court records, Bybit filed the lawsuit under seal on June 18 against North Korea, its Reconnaissance General Bureau, the Lazarus Group, and 20 unidentified defendants. The court granted expedited discovery on June 19, giving Bybit a route to identify alleged intermediaries and pursue a portion of funds that remain traceable.
Bybit reportedly told the court that 90.2% of the stolen assets had become untraceable after moving through mixers, cross-chain bridges, and over-the-counter dealers. The remaining 9.8% was said to be traced to identifiable wallets, including 5.3% of the total—about $75.5 million—that had been frozen or recovered. Bybit is seeking return of the stolen assets and approximately $1.5 billion in damages.
For market participants, the practical significance is straightforward: even when large portions of theft are obfuscated, courts and discovery processes can still uncover pockets of traceability—often tied to wallet-level movements and intermediary behavior—creating leverage for claims that go beyond a single judgment against a sanctioned state actor.
What builders and investors should watch next
Thailand’s capital gains exemption is likely to intensify the incentive to trade through SEC-licensed channels, while continuing to discourage the “regulatory arbitrage” route of using unlicensed or offshore exchanges. Investors should watch how Thailand defines eligibility in practice and whether licensed platforms promote the change in ways that meaningfully shift user behavior.
This article was originally published as Thailand’s 0% Crypto Tax Signals Policy Shift as Bitcoin Red Team Uses Chinese AI on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

BlackRock is expanding its Canada-listed ETF lineup with two new iShares products that begin trading on the Toronto Stock Exchange (TSX) this week. The most notable addition blends traditional equities with a small, fixed allocation to Bitcoin exposure.
Both funds are managed by BlackRock Asset Management Canada under the RBC iShares alliance. They are designed for investors seeking diversified market exposure—either broadly outside North America, or a balanced mix that includes a Bitcoin sleeve.
Key takeaways
BlackRock Canada launched two TSX-listed iShares ETFs: IBQT (equities plus a 3% Bitcoin allocation) and XINT (international equity exposure).
IBQT’s structure targets a diversified equity core: 97% in equities via iShares ETFs, alongside 3% Bitcoin exposure via BlackRock’s Canadian iShares Bitcoin ETF (IBIT).
XINT provides broad non-North America coverage: it tracks the MSCI ACWI ex North America IMI Index, spanning more than 5,000 companies across over 40 markets.
BlackRock positions iShares as the platform: both funds rely primarily on other iShares ETFs rather than direct stock holdings.
BlackRock’s US Bitcoin ETF scale remains a reference point: CoinMarketCap data shows its US-listed iShares Bitcoin Trust (IBIT) holds about $47.9 billion in assets under management.
What BlackRock launched on the TSX
On Monday, BlackRock Canada introduced two ETFs on the Toronto Stock Exchange: the iShares Equity + Bitcoin ETF Portfolio (IBQT) and the iShares Core MSCI All-International Equity Index ETF (XINT).
While both funds sit under the iShares brand and share a common management setup, they differ sharply in how they aim to deliver exposure. IBQT adds a defined Bitcoin component to an otherwise equity-focused portfolio, while XINT is a more traditional, index-tracking international equity fund.
IBQT: a “core equities + 3% Bitcoin” portfolio
The iShares Equity + Bitcoin ETF Portfolio (IBQT) is designed around a straightforward allocation framework. The fund allocates 97% of its portfolio to a mix of equities across Canada, the United States, international markets, and emerging markets. The remaining 3% is allocated to Bitcoin exposure through BlackRock’s Canadian iShares Bitcoin ETF (IBIT), which trades on Cboe Canada.
According to the launch details, IBQT does not seek to hold individual stocks directly. Instead, it primarily invests in other iShares ETFs to achieve both its diversified equity exposure and its Bitcoin sleeve.
This design choice matters for investors thinking about implementation. A fund-of-funds approach can make it easier to access multiple exposures within a single product, rather than requiring investors to combine separate equity and Bitcoin funds themselves—though investors will still want to review the underlying holdings and the total costs across the layered structure.
XINT: broad international equities outside North America
The second product, iShares Core MSCI All-International Equity Index ETF (XINT), is more conventional in its index approach. The ETF tracks the MSCI ACWI ex North America IMI Index.
Based on the provided index description, XINT offers exposure to more than 5,000 companies spread across over 40 developed and emerging markets, covering regions outside both Canada and the United States.
For investors who already hold North American equities and want a non-overlapping allocation, XINT’s benchmark selection is intended to fill that gap. By tracking a widely diversified index outside North America, it also reduces the need to make region-by-region allocation decisions, at least at the index construction level.
Why this matters for Canadian ETF investors
BlackRock’s move reflects a broader shift in how crypto exposure is being packaged for mainstream portfolios—often in small, rules-based allocations rather than all-in constructions. IBQT’s fixed 3% Bitcoin allocation is a concrete example of that approach: it aims to keep the portfolio heavily equity-oriented while adding a measured amount of BTC-linked exposure.
At the same time, BlackRock is keeping the rest of the implementation familiar. Both funds are described as relying primarily on iShares ETFs, which signals that BlackRock is leveraging its existing ETF ecosystem to deliver new outcomes—rather than creating a wholly separate investment framework for crypto-linked products in Canada.
BlackRock said its iShares business managed approximately $6.2 trillion in assets across more than 1,700 ETFs as of June 30. That scale can be relevant for Canadian investors because it suggests ongoing operational capacity and product development across the iShares range, including the integration of new crypto components into established ETF formats.
Bitcoin ETF momentum remains a key backdrop
The launch of IBQT also lands against ongoing momentum in BlackRock’s US Bitcoin ETF business. The US-listed iShares Bitcoin Trust (IBIT) is described as the largest US spot Bitcoin ETF by assets under management, with about $47.9 billion in AUM, according to CoinMarketCap.
While IBQT is a Canada-focused product and XINT is an equities-only index fund, BlackRock’s shared branding and ETF infrastructure underscore a key reality: the firm’s crypto products are increasingly becoming part of a broader ETF platform strategy, rather than operating as isolated experiments.
Going forward, investors should watch how IBQT’s trading and flows develop on the TSX, including whether the “small fixed Bitcoin sleeve” format draws demand from advisors and retail investors seeking easier portfolio integration. It will also be important to track how regulators and market participants continue to treat crypto-linked exchange-traded products in Canada, since that environment will shape how quickly similar portfolio-style offerings spread.
This article was originally published as BlackRock Debuts Two Canada ETFs; One Adds 3% Bitcoin Exposure on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

The U.S. Senate is set to take up the Digital Asset Market Clarity (CLARITY) Act again after a month-long recess, with Majority Leader John Thune filing a cloture motion to move the bill toward a floor vote. The procedural step, reported by the Senate Daily Press, effectively ends speculation that lawmakers might bring the measure forward before September despite it already clearing the House more than a year ago.
If the bill reaches the chamber, the Senate will need a 60-vote threshold to advance CLARITY, meaning bipartisan support remains crucial. The push into mid-September is also landing with less time to build momentum as the 2026 midterm elections approach, a timing problem that has amplified frustration among crypto industry leaders and lawmakers who have backed the legislation.
Key takeaways
Majority Leader John Thune filed a cloture motion for the CLARITY Act, setting the stage for consideration when the Senate reconvenes in mid-September.
Passing CLARITY in the Senate would require 60 votes, leaving little room for partisan friction ahead of the 2026 midterms.
Industry figures and crypto policy advocates called the delay disappointing, while urging lawmakers to “finish the job” in September.
Bipartisan negotiations reportedly continued on broader crypto market-structure issues, but Senate action has not yet translated into CLARITY scheduling.
Despite congressional delays, prediction market contracts still reflect meaningful odds that CLARITY could move toward passage in 2026, though timing uncertainty remains high.
Cloture filed as Senate delays become the new baseline
According to reporting cited by Cointelegraph, Thune’s cloture filing is intended to bring CLARITY to the Senate floor for consideration. That matters because cloture is a key procedural tool used to limit extended debate and overcome the likelihood of a filibuster-like stall—an especially relevant hurdle for legislation that relies on cross-party alignment.
CLARITY’s track record has made the delay feel more consequential to supporters. The bill already passed the House, so the Senate is effectively deciding whether to align with that earlier outcome. With the Senate now targeting mid-September, the question for investors, builders, and market participants is less whether the bill is “alive,” and more how quickly it can become predictable regulatory infrastructure—or whether uncertainty drags on.
As the clock tightens, the September timetable arrives with roughly 50 days before the 2026 midterm elections, a window that critics say makes legislative compromise harder to achieve.
Lawmakers and executives push back on the slowdown
Frustration has surfaced publicly from both lawmakers and industry leaders after the Senate did not schedule a vote before its recess. Senator Cynthia Lummis, referenced in the Senate reporting cycle, said she was “frustrated” that CLARITY had not been placed on the calendar and added that her work with colleagues would continue. Her statement is linked through her post on X: Sen. Lummis’ remarks.
On the industry side, Coinbase CEO Brian Armstrong and Coinbase chief policy officer Faryar Shirzad also criticized the lack of immediate Senate scheduling, while framing September as the moment to complete the legislative path. Armstrong’s comment is linked at this X post, and Shirzad’s “finish the job” framing appears in this X post.
Not all reactions centered on panic. Bitmine Chair Tom Lee, in a weekly report, suggested that broader market attention—such as recent softer inflation and jobs data—has dominated near-term financial headlines more than CLARITY’s status. The implication for market participants is that regulatory risk may remain real without necessarily driving immediate price action day-to-day, especially when macro catalysts are competing for attention.
Why ethics and stablecoin rules keep resurfacing
The House-passed momentum has not translated cleanly into Senate action, in part because the legislative effort sits alongside other disputes in the broader crypto market-structure debate. The article’s background indicates that Senate lawmakers did not announce solutions in response to Democrats pressing for stricter ethics provisions—particularly rules aimed at conflicts tied to U.S. President Donald Trump’s crypto investments, including the entities and projects associated with World Liberty Financial and a memecoin launched days before he took office.
Those ethics concerns highlight a recurring tension in crypto policy: even when the industry broadly supports regulatory clarity, the political conditions needed to reach final passage can depend on unrelated governance questions. In practice, that means CLARITY may be delayed not because of technical disagreements about token regulation, but because of the Senate’s broader tradeoffs on transparency and oversight.
At the same time, some banking advocates have raised questions about how CLARITY would intersect with stablecoin-linked interest mechanics. A Wall Street Journal editorial board op-ed referenced before Thune’s cloture motion argued that, under CLARITY, smaller banks would miss out on opportunities because they rely on interest payments to attract deposits. The editorial board’s critique appears in this Wall Street Journal op-ed.
“The Clarity Act can serve a useful purpose with some language changes. The crypto industry and its friends in Washington portray themselves as defenders of free markets. What they really want is to be quasi-banks without abiding by the same regulations.”
The policy implication is straightforward: debates about who can earn yield, and on what terms, can influence whether financial institutions see incentives to participate. That in turn affects how quickly mainstream infrastructure can integrate with stablecoins and related services.
Prediction markets keep odds alive, but timing is still a gamble
Even as CLARITY’s Senate schedule slips, prediction market platforms continue to offer contracts reflecting expectations that the bill could still clear major milestones within the 2026 calendar year—though the probabilities remain uncertain.
On Kalshi, an event contract that drew $1.23 million in wagers gave users an 88% chance that the Senate would vote on the CLARITY Act before Oct. 1. A related market on Polymarket, which received over $5.79 million in total wagers, showed a 26% chance that the bill would be signed into law in 2026. Both contracts are linked in the source coverage: Kalshi’s CLARITY vote contract and Polymarket’s 2026 signature contract.
Those numbers also reflect an important procedural reality. If CLARITY passes the Senate, it would likely need to return to the House for another vote before it can move to the president for signing. That extra step can be the difference between a clean legislative finish and another round of delay—especially if lawmakers try to adjust language during Senate consideration.
For traders and market participants using these markets as a sentiment proxy, the key watch item isn’t only “pass or fail,” but whether the timeline compresses the revision process enough to avoid a late-year procedural bottleneck.
As the Senate reconvenes in mid-September, the next signals to monitor are whether the cloture motion results in a scheduled floor vote and whether negotiations narrow the gap on unresolved issues—particularly ethics and stablecoin-related provisions—before midterm politics starts to dominate lawmakers’ agendas.
This article was originally published as Crypto Community Criticizes CLARITY Vote Delay on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Crypto payments platform Coinsbuy says it has covered all client losses after wallets tied to the service were allegedly drained on Sunday. Blockchain investigator SpecterAnalyst reported that more than $7.9 million was moved out across Ethereum and TRON, with parts of the proceeds routed through exchanges and into Monero.
According to SpecterAnalyst’s Telegram post, the attacker initially began converting the stolen funds into Monero via exchange activity. The same report claimed ChangeNOW was involved in freezing a six-figure portion of the assets during the incident.
Key takeaways
Coinsbuy confirmed an Aug. 9 security incident and stated affected client funds were fully covered from its own reserves.
SpecterAnalyst alleged that attackers moved over $7.9 million across Ethereum and TRON, with additional steps to route value into Monero.
Coinsbuy temporarily paused deposits and withdrawals, later restoring both services to normal operations.
The platform offered a $100,000 reward for information leading to the identification of those responsible, with an extra bonus for help recovering the funds.
Alleged multi-chain drain and attempts to obscure proceeds
SpecterAnalyst’s report focused on on-chain activity tied to Coinsbuy-linked wallets. The investigator said the stolen funds were routed through multiple addresses and then moved onward into Monero through exchange interfaces, a strategy commonly associated with attempts to reduce traceability.
In the same Telegram post, SpecterAnalyst identified three addresses linked to the compromised funds—two on Ethereum and one on TRON—suggesting the attacker exploited access across more than one network rather than relying on a single chain or transfer pattern.
The alleged scale is central to why this case matters for the broader payments market: payments platforms typically sit at a crossroads between user custody, exchange-like routing, and business workflows. When that infrastructure is compromised, the incident can quickly ripple from a single compromised wallet into large cross-chain movements.
Coinsbuy response: coverage from reserves and operational restart
Coinsbuy acknowledged the incident in a statement shared with Cointelegraph. The company said unauthorized withdrawals affected several platform wallets, but that all affected client funds have been fully covered from its own reserves—meaning users were not expected to bear direct financial loss.
Coinsbuy also said the platform is back to normal operation, with deposits and withdrawals restored. SpecterAnalyst previously reported that Coinsbuy temporarily paused both deposits and withdrawals following the incident before reinstating service.
While Coinsbuy did not confirm or dispute the reported $7.9 million figure attributed by SpecterAnalyst, it did not provide additional technical details during the early stages of investigation. The company said it is still investigating and plans to disclose technical information only after its review is complete and findings are verified.
Freezing assistance and what remains unclear
SpecterAnalyst claimed that ChangeNOW helped freeze a six-figure portion of the assets during the incident. That point is important for investors and operators because it highlights how quickly counterparties can sometimes mitigate exposure once abnormal flows become apparent. At the same time, the overall timeline, the exact mechanism used by the attacker, and the full extent of assets that were frozen versus successfully moved were not fully substantiated in the publicly available reporting.
Coinsbuy’s statement did not detail the attack method or explain whether compromised keys, misconfigured permissions, or another failure mode was responsible. For readers, the key takeaway is that the public narrative currently rests on investigator tracing of blockchain activity and the platform’s assurance of coverage, rather than on confirmed technical findings.
Given that the platform is delaying technical disclosure until verification, what watchers should monitor next is whether Coinsbuy’s eventual investigation identifies the initial breach vector and whether it leads to changes in internal controls, monitoring, or custody procedures across its networks.
Incentives for information and possible recovery efforts
Beyond covering client funds, Coinsbuy said it offered a $100,000 reward for information that leads to identifying those responsible. The platform also indicated it would provide an additional bonus for help recovering stolen funds.
Rewards of this type can be a practical lever for incident response, especially when stolen assets are dispersed across exchanges and networks. They can also encourage third parties—such as analysts who can link wallets to identities or brokers who may have custody-relevant information—to share actionable details before assets become permanently difficult to trace.
For users of crypto payments infrastructure, the reward plus coverage stance provides some near-term stability, but it does not eliminate the longer-term concern that vulnerabilities in operational security can recur if root causes are not addressed. The most consequential follow-up will be whether Coinsbuy’s later disclosures point to structural weaknesses that can affect other platforms with similar architectures.
As Coinsbuy continues its investigation and refrains from releasing technical details for now, the next signals to watch are: any confirmed update on the attackers’ initial access method, whether additional funds beyond what was reportedly frozen can be recovered, and what operational or custody safeguards the company says it will change after verification.
This article was originally published as Coinsbuy Announces $100K Reward After Sunday Security Breach on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

TRON closed its second quarter with a sharp rebound in stablecoin activity, ending the period holding $87.9 billion in circulating USDT—a level that, according to a Messari report, pushed TRON ahead of Ethereum in USDT circulation. The network also handled $2.1 trillion in USDT transfers across the quarter, underscoring how central stablecoin throughput remains to TRON’s growth story.
Messari’s “State of TRON Q2 2026” report attributes much of the expansion to stablecoin market concentration and renewed transfer momentum. It found that USDT made up 98.5% of TRON’s stablecoin market, while the overall stablecoin base grew 4.1% quarter-over-quarter to a record $89.2 billion. Average daily USDT transfer volume also returned to growth, rising 4.3% to $22.8 billion after it had declined in the first quarter.
Key takeaways
USDT circulation on TRON hit $87.9 billion in Q2, with Messari noting TRON surpassed Ethereum on circulating USDT.
USDT transfers increased meaningfully, with average daily transfer volume up 4.3% to $22.8 billion.
Network usage hit new highs: 11.8 million average daily transactions (+8.7%) and 3.6 million active addresses (+11.7%).
Fees reversed a two-quarter decline, rising 15.9% to $699.4 million as network fees climbed for the first time since an August 2025 governance change.
DeFi activity weakened, with DeFi TVL down 1.9% to $4.4 billion and DEX volume falling for a fourth straight quarter.
Stablecoin momentum returns, and activity follows
The quarter’s headline numbers point to a clear relationship: higher stablecoin transfer flow translated into stronger on-chain usage. Messari reports that TRON averaged 11.8 million daily transactions during Q2, up 8.7% quarter-over-quarter. Daily active addresses also increased, climbing 11.7% to 3.6 million.
On peak days, usage reached even more visible milestones. The report says TRON processed a record 14.6 million transactions on June 15. For investors and traders tracking TRON’s health, this kind of throughput matters because it often correlates with broader stablecoin utility—especially when USDT dominates the stablecoin mix.
Messari’s breakdown reinforces that dominance. With USDT at 98.5% of TRON’s stablecoin market, the network’s stablecoin growth is effectively synonymous with USDT growth. That can create outsized upside when transfers accelerate, but it also concentrates risk if stablecoin demand shifts across chains.
Network fees improve after an earlier policy shift
Beyond volume, Q2 also marked a change in revenue dynamics. Messari notes that higher activity helped reverse a two-quarter decline in TRON network fees. Fees increased 15.9% to $699.4 million, their first quarterly increase since an August 2025 governance change reduced the price of TRON’s “energy unit,” a key metric that influences transaction costs.
From an economic perspective, this is an important nuance. Lower energy unit prices can reduce per-transaction costs, which may improve user experience but can also compress fee totals—at least until activity ramps enough to offset the unit price effect. Messari’s finding that the fee decline has now been reversed suggests Q2’s throughput was strong enough to compensate for the earlier pricing change.
DeFi fades while fundamentals for stablecoins strengthen
Not all parts of TRON’s ecosystem followed the same direction. Messari reports that DeFi TVL fell 1.9% to $4.4 billion. The report also shows that average daily DEX volume dropped 21.7% to $49.3 million, continuing a trend of contraction: it was the fourth consecutive quarterly decline.
For market participants, this divergence between stablecoin rails and DeFi activity is worth monitoring. Stablecoins can remain highly active even when trading and on-chain lending demand soften, particularly if users primarily use the chain for payments or settlement rather than DeFi strategies.
TRON’s token supply dynamics also remained a mixed signal. Despite the higher activity levels, the report states that TRX supply stayed inflationary. Circulating supply increased by 87 million tokens during the quarter, with issuance continuing to outpace burns. That means network usage growth in Q2 did not translate into immediate deflationary pressure on supply.
Institutional access expands across trading, tokenization, and staking
Alongside the on-chain activity metrics, Messari highlights a separate thread: growing institutional access to TRON products during Q2. Securitize reportedly launched Hamilton Lane’s tokenized Senior Credit Opportunities Fund on TRON, described as the network’s first TRON-issued asset. The fund began with about $4.3 million under management.
Grayscale also expanded the conversation around institutional custody and exposure by adding TRX to its list of assets under consideration. Separately, a proposed staked TRX exchange-traded product from Canary Capital remained in registration, according to the report.
Broader market access reflected similar momentum. Bitnomial launched spot TRX trading in the United States, OKX Europe introduced MiFID-regulated TRX expiry perpetuals, and Binance.US restored trading in the token during the quarter.
The push for institutional infrastructure did not stop after Q2. Earlier coverage noted that Anchorage Digital added native TRX staking and custody for TRC-20 assets in July, enabling institutional clients to stake TRX directly from its custody platform.
Taken together, these developments suggest TRON’s narrative is broadening beyond consumer usage and stablecoin transfers toward more regulated, institutional-friendly access paths. For investors, that can matter because improved access often reduces friction—both operational and regulatory—when firms decide how to allocate capital across crypto assets.
Looking ahead, readers should watch whether TRON’s stablecoin-driven strength can pull more DeFi liquidity back in, given that DEX volumes and DeFi TVL fell for multiple quarters. At the same time, the sustainability of higher fees after the earlier energy unit change will likely be tested by the next round of network usage—especially on peak days like the June 15 transaction record.
This article was originally published as TRON USDT Supply Reaches $87.9B as Q2 Transfers Hit $2.1T: Messari on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

TRON ended the second quarter with a major stablecoin milestone: it recorded $87.9 billion in circulating USDT, putting it ahead of Ethereum on the same metric, while processing $2.1 trillion worth of USDT transfers over the quarter. The figures underscore how deeply USDT liquidity has embedded itself in TRON’s rails, even as parts of the ecosystem show softer momentum elsewhere.
According to a Messari report on the network’s second-quarter performance, USDT represented 98.5% of TRON’s stablecoin market. Stablecoin supply on TRON also rose, climbing 4.1% quarter-over-quarter to a record $89.2 billion. After a drop in Q1, average daily USDT transfer volume resumed growth, increasing 4.3% to $22.8 billion.
Key takeaways
TRON led on USDT circulation in Q2, reaching $87.9B and processing $2.1T in USDT transfers during the quarter.
Stablecoin dominance remained extreme, with USDT making up 98.5% of TRON’s stablecoin supply.
Network usage hit new highs, including 14.6M transactions on June 15 and record-level daily activity.
Fees reversed direction, rising 15.9% to $699.4M, the first quarterly increase after a prior governance change.
DeFi activity cooled even as payments grew, with DeFi TVL down 1.9% and DEX volumes falling for a fourth straight quarter.
USDT expansion drives TRON’s transaction growth
Messari attributes TRON’s improved throughput to stronger day-to-day demand for USDT transfers. The network averaged 11.8 million daily transactions in Q2, up 8.7% from the prior quarter. Active usage also improved: average daily active addresses increased 11.7% to 3.6 million. The report also highlights the peak day, when TRON processed 14.6 million transactions on June 15.
From an investor and market-structure perspective, this matters because USDT activity often translates into consistent utilization of on-chain infrastructure. Even when broader on-chain applications fluctuate, stablecoin transfer volume can sustain network demand—particularly on chains where stablecoins are heavily concentrated.
Fees recover after an earlier governance shift
Beyond transaction counts, the report notes that TRON’s fee environment changed as well. Network fees rose 15.9% to $699.4 million in Q2, described as the first quarterly increase since an August 2025 governance change reduced the network’s energy unit price. In other words, Q2’s fee growth appears tied not only to higher activity, but also to a longer arc in TRON’s fee mechanics after that policy adjustment.
Still, the relationship between network fees and usage can be nonlinear when protocol parameters change. Traders and builders watching TRON may want to pay close attention to whether future fee levels keep rising with demand or whether they plateau as the impact of the earlier energy-unit pricing adjustment stabilizes.
DeFi softens while supply growth continues
Despite the payment-heavy momentum, parts of TRON’s on-chain ecosystem showed uneven performance. Messari reports that DeFi TVL fell 1.9% to $4.4 billion during the quarter. Decentralized exchange activity also cooled: average daily DEX volume dropped 21.7% to $49.3 million, marking a fourth consecutive quarterly decline.
This divergence—strong stablecoin transfer volume alongside weaker DeFi engagement—suggests that Q2’s growth may have been driven more by utility and circulation than by risk-taking or trading depth on TRON’s DeFi venues. For users, this can affect liquidity conditions and token execution quality on DEXs; for developers, it may signal that ecosystem growth is currently being led by transfers rather than by on-chain lending, borrowing, and trading.
Meanwhile, the report indicates that TRX supply remained inflationary. Even with higher activity, circulating supply increased by 87 million tokens during the quarter, with issuance continuing to outpace burns. That dynamic is notable because it can influence long-term expectations around token supply pressure, particularly when network usage is improving but supply reduction mechanisms aren’t yet keeping up.
Institutional access expands through tokenization and custody
While on-chain metrics show clear usage trends, institutional infrastructure around TRON also advanced during the quarter. Messari highlights that Securitize launched Hamilton Lane’s tokenized Senior Credit Opportunities Fund on TRON—its first TRON-issued asset. The fund reportedly started with about $4.3 million under management.
Broader institutional interest also included token listing and potential product developments. Grayscale reportedly added TRX to its list of assets under consideration. Separately, a proposed staked TRX exchange-traded product from Canary Capital remained in registration.
On the market-access side, TRX trading availability improved across venues. Bitnomial launched spot TRX trading in the United States, while OKX Europe introduced MiFID-regulated TRX expiry perpetuals. The quarter also saw Binance.US restore trading in the token.
The institutional push continued after Q2 ended. Earlier coverage noted Anchorage Digital adding native TRX staking and custody for TRC-20 assets in July, enabling institutional clients to stake TRX directly from its custody platform. For market participants, custody-and-staking workflows can be a critical step toward deeper institutional adoption, as they reduce operational friction compared with self-custody or manual transfer processes.
Read together, TRON’s Q2 pattern looks less like a pure “DeFi rally” and more like a chain consolidating stablecoin circulation and steadily improving institutional plumbing. The key question for the next quarter is whether stronger USDT throughput can translate into renewed DeFi demand—particularly DEX volumes and TVL—or whether TRON will remain primarily a stablecoin settlement venue while trading and application activity lag behind.
This article was originally published as TRON USDT Supply Climbs to $87.9B as Q2 Transfers Hit $2.1T, Messari on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Wallets tied to crypto payments platform Coinsbuy were reportedly drained of more than $7.9 million in funds spanning Ethereum and TRON on Sunday, according to blockchain investigator SpecterAnalyst.
In a Telegram post, SpecterAnalyst said the attacker began routing the stolen assets into Monero via exchanges. The investigator also reported that ChangeNOW helped freeze a six-figure portion of the funds during the incident.
Key takeaways
SpecterAnalyst alleges attackers moved stolen Ethereum and TRON funds into Monero through exchanges.
ChangeNOW is reported to have frozen part of the assets, reducing what the attacker could immediately keep.
Coinsbuy paused deposits and withdrawals after the incident, then restored both services.
Coinsbuy says it covered all affected client funds from its own reserves, without client losses.
The company offered a $100,000 reward for information identifying the responsible parties.
Reported theft and fund movement
SpecterAnalyst’s report claims the compromise involved multiple wallet addresses connected to Coinsbuy. The investigator identified three addresses associated with the stolen activity: two Ethereum addresses and one TRON address.
Rather than leaving the funds on-chain, the alleged operator reportedly initiated transfers aimed at increasing privacy. SpecterAnalyst stated that the attacker routed the proceeds into Monero through exchanges, a path commonly used in laundering attempts where the goal is to obscure fund trails across networks.
The investigator further indicated that ChangeNOW played a role in limiting the damage by freezing a portion of the stolen assets—described as a six-figure amount—after the incident began.
Coinsbuy confirms incident and compensates clients
Coinsbuy acknowledged the security incident in a statement shared with Cointelegraph, saying unauthorized withdrawals affected several platform wallets. The company said the impact was handled internally: all affected client funds were “fully covered… from our own reserves,” according to Coinsbuy’s statement, meaning users did not suffer financial losses.
Coinsbuy also stated that operations were restored and that the platform is “back to operating normally,” with deposits and withdrawals available again. In the immediate aftermath of the reported hack, the platform had temporarily paused those functions, a step that typically aims to stop further outflows while incident response teams assess wallet activity and implement controls.
While SpecterAnalyst reported a theft of more than $7.9 million, Coinsbuy did not confirm or dispute that figure. The company said it is investigating the event, but will refrain from disclosing technical details until the investigation is complete and its findings have been verified.
Reward program and what to watch next
Beyond compensating users, Coinsbuy said it is offering a $100,000 reward for information that leads to identification of those responsible. It also added that there would be an additional bonus for help recovering the stolen funds.
For affected users and monitoring communities, the most important open questions now center on how the compromise occurred and what controls failed—or were circumvented. Coinsbuy’s decision not to publish technical details yet means observers will need to watch for later disclosures that can clarify whether this was primarily a custody issue, an operational security lapse, a smart contract problem (if applicable), or something else entirely.
Given SpecterAnalyst’s claim that stolen funds were moved toward Monero via exchanges, the timeline for additional enforcement and tracing will likely depend on how quickly exchanges and compliance partners can identify related transactions and block further conversion or withdrawal routes. The reported freezing of a portion of funds highlights that intervention can matter during the early hours of such incidents, but it does not automatically indicate how much remains recoverable.
How this fits the broader crypto payments risk picture
Incidents like this underscore a persistent challenge for crypto payments and custody-adjacent businesses: even when clients are made whole, platform wallets become an attractive target because they concentrate balances, enable faster movement, and can provide an immediate payout surface if access controls are breached.
Coinsbuy’s statement that it covered client funds from reserves is a useful data point for users evaluating risk around payment providers—compensation reduces direct losses, but it still signals that operational disruptions can happen and that recovery efforts may be complex. The temporary halt in deposits and withdrawals also reflects the standard incident-response pattern: contain outflows, assess exposure, and then reopen services once systems are deemed stable.
Investors and builders in the sector may also want to pay attention to what controls Coinsbuy says it will improve later. The lack of technical disclosure right now makes it difficult to assess whether similar weaknesses could affect other platforms using comparable wallet management, exchange integrations, or withdrawal workflows.
Next, readers should look for updates from Coinsbuy’s investigation—especially any verified technical findings—and for additional reporting on whether more of the stolen funds can be traced, frozen, or recovered as the laundering path into Monero and off-chain exchange activity unfolds.
This article was originally published as Coinsbuy Launches $100K Bounty After Sunday Security Breach on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

BlackRock has expanded its Canadian spot-Bitcoin ETF lineup with two Toronto Stock Exchange listings, including one fund that pairs broad international equity exposure with a small allocation to Bitcoin. The new products begin trading Monday on the TSX.
The ETFs are the iShares Equity + Bitcoin ETF Portfolio (IBQT) and the iShares Core MSCI All-International Equity Index ETF (XINT). While both are managed through BlackRock Asset Management Canada under the RBC iShares alliance, only IBQT includes a direct Bitcoin component.
Key takeaways
IBQT is a “core” equity fund with a 3% Bitcoin sleeve, implemented via exposure to BlackRock’s Canadian iShares Bitcoin ETF (IBIT).
XINT provides diversified international equities by tracking the MSCI ACWI ex North America IMI Index across more than 5,000 companies.
Both funds primarily hold other iShares ETFs, using fund-to-fund structures rather than selecting individual stocks directly.
BlackRock positions Bitcoin access as a small allocation within a broader portfolio approach rather than a standalone Bitcoin product.
A Canadian equity fund with a Bitcoin allocation
IBQT is designed to combine globally diversified equities with limited Bitcoin exposure. According to BlackRock, the fund allocates 97% of its portfolio to Canadian, U.S., international and emerging-market equities, with the remaining 3% dedicated to Bitcoin exposure through BlackRock’s Canadian iShares Bitcoin ETF (IBIT), which trades on Cboe Canada.
Importantly, IBQT does not attempt to hold individual stock positions on its own. Instead, it primarily invests in other iShares ETFs to gain both its equity exposure and its Bitcoin component. The structure matters for investors who are evaluating how Bitcoin is being integrated: rather than building a portfolio around crypto volatility, IBQT is framed as an incremental allocation inside an equity-oriented portfolio.
XINT targets ex–North America international diversification
The second listing, XINT, focuses on international equities outside Canada and the United States. BlackRock states that the fund tracks the MSCI ACWI ex North America IMI Index, a benchmark that aims to capture large-, mid-, and small-cap companies across developed and emerging markets.
BlackRock also highlights the breadth of the index XINT follows: exposure to more than 5,000 companies spanning over 40 developed and emerging markets outside Canada and the U.S. For Canadian investors who prefer a “set and track” approach to international equity diversification, XINT offers a standalone index-linked option alongside IBQT’s hybrid design.
What BlackRock says about scale in Canada and beyond
Both funds are managed by BlackRock Asset Management Canada through the RBC iShares alliance. BlackRock said its iShares ETF business managed approximately $6.2 trillion in assets across more than 1,700 ETFs as of June 30.
That scale is relevant when new ETF products launch, because it can influence operational maturity—such as liquidity management, fund administration practices, and index/fund replication workflows—especially for multi-asset products that rely on holding other ETFs.
Bitcoin access follows BlackRock’s existing ETF footprint
IBQT’s Bitcoin sleeve routes through BlackRock’s Canadian iShares Bitcoin ETF (IBIT). BlackRock’s U.S.-listed iShares Bitcoin Trust (IBIT) is also a major reference point in the company’s spot Bitcoin ecosystem.
CoinMarketCap data indicates IBIT is the largest U.S. spot Bitcoin ETF by assets under management, with about $47.9 billion in AUM at the time referenced by the listing data: CoinMarketCap.
By using IBIT as the mechanism for its 3% Bitcoin allocation, IBQT effectively imports the established Bitcoin ETF wrapper into a broader equity product. That approach may appeal to investors seeking Bitcoin exposure without making it the dominant risk driver—though it also means the Bitcoin allocation will typically be smaller in magnitude than what many standalone Bitcoin ETFs provide.
Why this matters for Canadian investors
Bringing a “small allocation” Bitcoin fund to the TSX signals a continued push to normalize crypto exposure inside traditional portfolio frameworks. For investors, the practical question is how the 3% Bitcoin allocation changes the character of an equity-heavy holding—especially in periods when Bitcoin trades independently of global equities.
Traders and portfolio managers may also watch how BlackRock’s fund-to-fund implementation performs in Canada, since IBQT’s design depends on the underlying Canadian iShares Bitcoin ETF for its BTC exposure while the rest of the portfolio is tied to broad equity holdings via iShares ETFs.
As with any newly launched ETFs, attention will likely turn to how assets build after the initial trading start, as well as to whether the funds attract consistent flows from investors seeking either diversified international equities (XINT) or a blended approach that includes Bitcoin (IBQT).
Investors should monitor near-term developments such as IBQT’s uptake on the TSX, trading liquidity as the market digests the new hybrid structure, and how BlackRock’s Canadian iShares Bitcoin ETF (IBIT)—the source of the BTC sleeve—continues to perform as demand for Bitcoin exposure broadens beyond standalone products.
This article was originally published as BlackRock Debuts Two Canadian ETFs, One Holds 3% Bitcoin Allocation on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

XRP faces renewed downside pressure as Polymarket traders assign strong odds to the token trading near the $1 level. The shift follows the delay of the CLARITY Act vote until September. Meanwhile, short-term markets show limited strength, while longer-term contracts signal weaker expectations for a major XRP recovery.
XRP Price Holds Near The $1 Support
Polymarket data shows a 71% probability that XRP will reach $1 on August 10. Another contract gives XRP a 99% chance of reaching the $1 to $1.10 range. However, the same market assigns only a 1% probability to the $0.90 to $1 range.
Separate contracts also show limited upside for XRP during the session. The token has a 28% probability of reaching $1.05, while another contract gives $1 a 5% probability. Therefore, current market activity places greater attention on the $1 area than higher price levels.
Short-term contracts remain stronger than daily and four-hour projections. Polymarket gives XRP a 96% chance of rising during the next hour, while 15-minute odds stand at 76%. However, five-minute odds fall to 50%, while daily and four-hour markets show only 10% and 7% chances.
XRP Faces Wider Weekly Price Pressure
Polymarket’s weekly contracts also show mixed expectations for XRP between August 10 and August 16. One contract assigns a 50% probability that XRP will not reach $0.90 during that period. Another standalone contract gives a 99% probability that XRP will reach $1.70.
These contracts measure separate price outcomes, so their probabilities do not represent a single price forecast. However, the data shows a wide range of possible outcomes as traders assess XRP’s near-term direction. At the same time, longer-term contracts show limited expectations for a new record high.
Polymarket places the probability of XRP reaching an all-time high by December 2026 at 5%. The probability for XRP reaching a record high by the end of September stands at 1%. Therefore, the market data points to restrained expectations despite possible short-term moves.
Clarity Act Delay Adds Pressure To XRP
The delayed CLARITY Act vote has added another source of uncertainty for XRP and the wider crypto market. Senate Majority Leader John Thune filed a cloture motion on the motion to proceed. The Senate now plans to consider the cloture vote on September 15 after the August recess.
The bill still faces disagreements over several provisions before lawmakers can advance it. Senators have raised concerns about stablecoin rules and provisions involving stablecoin yields. Meanwhile, law enforcement groups and prosecutors have objected to protections covering non-custodial blockchain developers.
The legislative outcome could influence XRP’s next major price move because the bill affects the broader digital asset framework. CoinGape analysis identifies $1.08 and $1.12 as key resistance areas for XRP. A stronger trading volume could push XRP toward $1.18, while a failed bill could send XRP back toward $1 and $0.95.
This article was originally published as Xrp Price Faces Fresh $1 Risk As Clarity Act Vote Moves To September on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

The US Senate is moving the Digital Asset Market Clarity (CLARITY) Act toward a renewed floor push in mid-September after Majority Leader John Thune filed a cloture motion, according to reports from the Senate Daily Press and coverage of the filing by Cointelegraph. The procedural step is designed to bring the bill up for consideration, ending uncertainty that Congress might take additional action well beyond a year after the measure cleared the House.
As the Senate calendar reshuffles for a month-long recess, proponents of CLARITY say the delay is politically costly—coming with roughly 50 days before the 2026 midterm elections, a window that may compress lawmakers’ ability and appetite to finalize the bill.
Key takeaways
John Thune filed cloture to advance the CLARITY Act to the Senate floor, with a vote now expected when the chamber reconvenes in mid-September.
Even if the Senate votes, passage would require 60 senators, keeping the outcome highly dependent on broad bipartisan support.
Industry leaders and advocates publicly criticized the lack of scheduling before the recess, while still framing September as the “finish the job” moment.
Prediction market traders remain split: wagers on Kalshi imply strong odds of a September vote window, while Polymarket odds for passage within the current year look much lower.
Cloture filed as Senate returns from recess
On Saturday, Senate Daily Press reported that Majority Leader John Thune filed cloture on a motion to move the CLARITY Act to the chamber floor. The move, as described in coverage including this Cointelegraph report, reduces speculation that lawmakers would delay action beyond a year after the House passed the bill.
With the Senate set to reconvene in mid-September, the next procedural hurdle is not simply scheduling—it is the actual vote. Under Senate rules, CLARITY would need support from at least 60 senators to clear the chamber.
For advocates, the timing matters. Multiple industry figures have suggested that the push to September compresses the political runway ahead of the 2026 midterms. That compression could make it harder to assemble the supermajority needed to pass legislation of this scale.
Lawmakers’ delay draws frustration from crypto executives and senators
After the Senate did not set a vote before the recess, Senator Cynthia Lummis expressed frustration publicly. In a post shared Friday on X, cited in the reporting, Lummis said, “You can imagine how frustrated I am,” and added that she will “continue working with my colleagues to get this done,” characterizing the effort as “far from over” (Cynthia Lummis on X).
Crypto industry executives echoed the disappointment but did not pivot away from September. Coinbase CEO Brian Armstrong called the Senate’s action “disappointing,” while also indicating September would be when lawmakers “finish the job.” Coinbase’s chief policy officer Faryar Shirzad similarly pointed to September as the next push (Brian Armstrong on X) (Faryar Shirzad on X).
Not every market participant treated the setback as a meaningful break in momentum. Bitmine chair Tom Lee, in a company weekly report referenced in the coverage, suggested financial markets appeared more preoccupied with softer inflation and jobs data than with the implications of CLARITY stalling (Bitmine/PR Newswire).
Where negotiations may be stuck: ethics, investments, and stablecoin edge cases
Beyond pure scheduling, the broader legislative path has remained complicated. The coverage noted reports of progress in bipartisan discussions around crypto market structure, but also highlighted that Senate leaders did not announce solutions in response to Democratic calls for tighter ethics provisions—especially rules related to how President Donald Trump’s crypto investments are handled.
That ethics pressure sits within a larger political narrative in Congress. Reporting referenced continued scrutiny of Trump’s family’s crypto business, World Liberty Financial, and attention on a memecoin launched days before he took office.
Separately, there has been debate among banking advocates about how CLARITY’s framework could still allow certain activity involving stablecoin holders. A point raised in a Thursday Wall Street Journal editorial—published ahead of Thune’s cloture filing—suggested that, under CLARITY, smaller banks could miss out because they depend on interest payments to attract deposits. The editorial’s criticism centered on the idea that some crypto stakeholders want to operate like quasi-banks without the same regulatory obligations.
“The Clarity Act can serve a useful purpose with some language changes,” said the editorial board. “The crypto industry and its friends in Washington portray themselves as defenders of free markets. What they really want is to be quasi-banks without abiding by the same regulations.“
For readers, the practical implication is that CLARITY’s supporters and critics are not only arguing over whether a bill should pass, but over what regulatory tradeoffs it would institutionalize—particularly around banking-like functions and how stablecoin-related incentives are treated.
Prediction markets: odds diverge on vote timing versus yearly passage
Even after the Senate delay, prediction markets continue to price the likelihood of CLARITY advancing. On Kalshi, one event contract—referenced in the coverage—has reportedly wagered $1.23 million and priced users at an 88% chance that the Senate would vote on CLARITY before Oct. 1 (Kalshi).
On Polymarket, a related contract has offered a materially lower outlook. The coverage states the contract gave users a 26% chance of the bill being signed into law this year, with total wagers topping $5.79 million (Polymarket).
That gap between “vote odds” and “signed into law” odds is important. If the Senate does vote in September as expected, CLARITY would still need to return to the House for another vote if there are changes. Only then could it proceed to the president’s desk. In other words, markets appear to be separating procedural progress from the final end-state.
For participants, the uncertainty is unlikely to disappear quickly. The next decisions—cloture timing, scheduling, the 60-vote threshold, and any House re-approval requirements—could each move the probability landscape.
As the Senate reconvenes in mid-September, investors and builders who have been watching CLARITY for clearer regulatory treatment should focus on one concrete question: will cloture translate into a floor vote with enough support to overcome the 60-senator bar, and if it does, what changes (if any) trigger a second House vote?
This article was originally published as Crypto Advocates Criticize Delay in CLARITY Vote on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Strive has grown its corporate Bitcoin treasury once again this month. The asset manager purchased 147 BTC and pushed total holdings to 20,167 BTC. The move confirms the company’s steady push to build one of the largest corporate Bitcoin reserves.
Strive Adds 147 Bitcoin to Treasury
Strive bought the 147 BTC between August 3 and August 7, according to a recent filing. The company paid an average price of about $64,812 per Bitcoin for this batch. That brings the total value of its holdings to roughly $1.3 billion.
Chief Executive Officer and Chairman Matt Cole confirmed the update on X. He stated that Strive now holds 20,167 BTC in total. BitcoinTreasuries.NET also ranked the company as the seventh-largest public corporate Bitcoin holder worldwide.
Welcome Back to The Hurdle Rate
Episode 69: What's New With Strive?
In this week’s Hurdle Rate, the crew breaks down Strive’s Q2 results, including a 23.9% Bitcoin yield and how the company’s incentive structure supports its broader Bitcoin treasury strategy. We then turn to… pic.twitter.com/FLdoxjS58k
— The Hurdle Rate Podcast (@HurdleRatePod) August 10, 2026
This purchase continues a pattern of steady accumulation throughout 2026. Strive bought 1,109 BTC in May and followed with 2,500 BTC in June. Smaller purchases in July and early August kept the momentum going.
Strive Reports 24% Bitcoin Yield in Q2
Strive posted a Bitcoin yield of 24% for the second quarter of 2026. The figure rose to 38% when measured across the first half of the year. The company uses this yield metric to track Bitcoin growth against diluted shares outstanding.
The asset manager also retired its debt completely during the second quarter. Strive currently holds about $155 million in cash reserves. This combination gives the company flexibility as it continues expanding its Bitcoin position.
Strive also introduced SATA, a preferred stock product that pays daily dividends. The company positions this product as part of a broader financial strategy. Bitcoin holdings, cash reserves, and debt management now work together under one plan.
On August 10, Strive launched a new Bitcoin treasury dashboard and website. The platform gives the public real-time updates on the company’s holdings. This transparency effort supports the company’s ongoing communication around its Bitcoin strategy.
Bitcoin Strategy Expands After Semler Merger
Strive’s Bitcoin treasury grew sharply after its all-stock merger with Semler Scientific. The deal closed in September 2025 and reshaped the company’s balance sheet. Bitcoin holdings jumped from about 5,000 BTC to roughly 10,900 BTC almost overnight.
Additional purchases continued steadily through 2026, including the latest 147 BTC addition. Strive has kept its focus on increasing Bitcoin holdings while running its asset management business. The strategy blends traditional financial services with a long-term Bitcoin accumulation plan.
Some tracking services estimate Strive’s average purchase price across its entire treasury at about $94,700 per BTC. The latest purchase price of roughly $64,812 sits well below that broader average. This gap suggests Strive picked up its newest Bitcoin at a comparatively favorable price.
Strive’s leadership continues to frame Bitcoin as a core treasury asset rather than a side bet. The company pairs its Bitcoin strategy with debt discipline and new financial products like SATA. Together, these moves signal a company building its identity around Bitcoin accumulation and asset management growth.
This article was originally published as Strive Buys 147 More Bitcoin, Treasury Tops 20,167 BTC on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

SINGAPORE, CoinFerenceX, the Web3 conference series known for curating high-signal gatherings of founders, investors, and builders, today announced it has combined forces with The Best Event, the events production group behind 80+ live experiences across 10+ global cities, to launch CoinFerenceX The Best Event Singapore, the next tier of the world’s first Decentralised Summit. The event will take place 5-6 October 2026 at Gardens by the Bay, positioning it as a leading alternative during Singapore’s Token2049 and Asia Crypto Week.
The partnership pairs CoinFerenceX’s content curation and community depth with The Best Event’s large-scale production and sponsor-activation track record, creating what the two companies describe as “the event nobody else can build.”
What sets the conference apart is its decentralized summit model: a 2 day event shaped by the industry rather than dictated by an organizer. Where traditional conferences sell booths and speaking slots, CoinFerenceX and The Best Event will invite the founders, funds and ecosystem leaders who show up to help shape the agenda itself, deciding which conversations matter and which builders take the stage. While the organizers handle the production and logistics, the direction of the summit is set by the Web3 players with real skin in the game. It’s a gathering built by the people driving the ecosystem forward, for the people driving it forward.
The Best Event brings a track record of 80+ delivered events, a presence in more than 10 global cities, over 50 million annual organic impressions, and north of 1 billion in social reach. The group’s attendance has grown from 35,000 in 2025 to a projected 70,000 in 2026. Its sponsor case studies point to concrete ROI, including one partner that turned a $50,000 investment into $1 million raised, another that saw a $50,000 spend convert into $1 million in ROI, and a third that converted two leads into a $400,000 deal.
At CoinFerenceX, partners help shape the agenda itself rather than simply buying booth space and a speaking slot. CoinFerenceX’s community includes 7,500+ curated attendees from more than 70 countries, over 500 ecosystem and media partners, and more than 300 VCs and investment funds. Roughly 60% of its attendees are C-level executives or founders, and independent feedback shows 94% of past partners say they would return, with 89% rating CoinFerenceX among the top 25% of Web3 events globally.
The combined summit is designed around four experience tracks:
The Leaders Summit: an invite-only, C-level gathering where governance decisions and strategic partnerships take shape.
Protocol Deep Dives: technical workshops where protocols demonstrate what they are actually shipping.
The Founders’ Den: a venue for early-stage builders to pitch directly to 200+ VCs and investors.
The Innovation Showcase: live product demos from established players and emerging protocols alike.
Early figures for the Singapore edition point to more than 4,000 curated attendees, 500+ VCs and investors, 400+ ecosystem and media partners, 85+ C-level speakers, and more than 8,000 total event registrations. As with prior CoinFerenceX editions, roughly 60% of attendees are expected to be C-level executives or founders.
Organizers say the agenda will be co-created by founders and ecosystem leaders with skin in the game, focused on sessions that deliver actionable insight or substantive content over celebrity keynotes.
“We’re incredibly excited for this edition, it’s bigger, sharper and more ambitious than anything we’ve done before. With the whole industry in Singapore that week, we’ve curated a stage and an audience that turns that energy into real conversations and real deals. This is CoinFerenceX The Best Event at its strongest,” shared Prince Gupta, Co-Founder of CoinFerenceX
Tobias Bauer, Co-Founder of The Best Event, added, “This partnership is the best of both worlds: CoinFerenceX’s curated speaker line-ups meet The Best Event’s scale of 50,000 attendees a year, the largest Web3 event series globally. Together we’re bringing one of the biggest two-day conferences to Singapore, our home market, with frontier thought leadership and production quality unlike anything else in the space.”
Event Details
Event: CoinFerenceX The Best Event Singapore
Dates: 5-6 October 2026
Venue: Gardens by the Bay, Singapore
Tickets & partner applications:coinferencex.com/singapore
About CoinFerenceX
CoinFerenceX is a global decentralized Web3 summit connecting founders, investors, blockchain companies, developers, and industry leaders to accelerate innovation and collaboration in the digital economy. Through its ecosystem-driven approach, CoinFerenceX creates a platform for meaningful networking, knowledge exchange, startup opportunities, and strategic partnerships shaping the future of Web3. The summit brings together the brightest minds across blockchain, AI, DeFi, gaming, and emerging technologies to explore industry trends, showcase groundbreaking solutions, and build the next generation of decentralized ecosystems.
About The Best Event
TBE is the events arm of TBV, an early-stage venture capital fund backing web2.5 and web3 startups across Southeast Asia and North America. TBE curates high-caliber gatherings that anchor the biggest weeks in web3, with a track record of 80+ delivered events across 10+ global cities. Every event is built around one goal: putting the right founders, funds, and operators in the same room so real deals and partnerships can happen. That network runs deep, backed by a 10,000+ strong Telegram community and a social following north of 100,000.
Media Contact
Anmol Malviya
Head of PR
CoinFerenceX
media@coinferencex.com
This article was originally published as CoinFerenceX and The Best Event Join Forces to Launch “CoinFerenceX The Best Event Singapore,” the Decentralised Summit on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin dipped below $64,500 on Monday after Wall Street’s open, tracking a broader risk-off mood tied to fresh uncertainty around US-Iran tensions and the Strait of Hormuz. While crude prices moved higher, equities failed to hold their early direction, and BTC’s early weakness underscored how quickly macro headlines can dominate crypto price action.
At the same time, market attention is being split between geopolitics and FX—particularly the Japanese yen. The yen continued to weaken against the US dollar even after a rare joint Japan-US intervention, putting additional pressure on liquidity-sensitive assets like bitcoin.
Key takeaways
Bitcoin slid to around $64,447 on Bitstamp shortly after the US open, reflecting risk-off positioning alongside US stocks.
Iran’s deputy speaker, Ali Nikzad, said reopening the Strait of Hormuz has “no military solution,” adding to uncertainty for energy markets.
USD/JPY pushed toward 160 in early Asia trading, as the yen remained under pressure after the Japan-US FX intervention.
On-chain and derivatives signals show stronger institutional demand, but analytics firms describe spot-market recovery momentum as still not fully confirmed.
US spot Bitcoin ETFs logged net inflows of $865.3 million last week, yet analysts still characterize the rebound as tentative.
Geopolitical uncertainty and macro spillover into BTC
According to TradingView data cited in the report, BTC/USD touched $64,447 on Bitstamp—its lowest level since Friday—before recovering modestly. The move closely followed the pattern in US equities, which initially fell as traders reassessed the likelihood that the Strait of Hormuz oil route would reopen.
Iranian officials added to that caution. Addressing the Islamic Consultative Assembly, deputy speaker Ali Nikzad reportedly said that the “opening of the Strait of Hormuz has no military solution,” a statement quoted by Al Jazeera and other outlets.
Energy markets reflected the same tension. US WTI crude oil was up nearly 5% to about $80.90 per barrel at the time of writing, even as the S&P 500 managed to turn green after dipping—still below Friday’s all-time highs. For bitcoin, the takeaway is less about oil’s direction alone and more about how quickly broader macro uncertainty is feeding into risk appetite.
Yen weakness after Japan-US FX action raises liquidity questions
Beyond geopolitics, the yen remained a focal point for markets. The Japanese currency continued to slide against the US dollar despite a rare joint intervention by Japan and the United States earlier, with USD/JPY reaching 159 on Monday and edging toward the 160 threshold during the first Asia session.
Economist Mohamed El-Erian warned that Japan may need stronger or more decisive policy follow-through for the intervention to translate into sustained FX stabilization. On X, he wrote that the yen has been weakening gradually since the joint Japan-US FX intervention, calling it a reminder that correcting a “mispricing” depends on getting the policy mix right—and that delays could make the intervention’s goal “more elusive.”
For crypto traders, this matters because FX stress can alter global liquidity conditions and risk positioning. When the yen weakens rapidly, it can coincide with shifts in cross-asset funding and hedging behavior—dynamics that often spill into high-beta markets.
Institutional inflows support the backdrop, but analysts see uneven momentum
While bitcoin’s price action looked shaky, institutional and on-chain data offered a more constructive—though not fully decisive—picture. Glassnode’s latest Market Pulse update pointed to what it described as improving components that typically precede more sustainable uptrends, but it also highlighted a key missing piece: the overall momentum in the spot market.
Glassnode said momentum had returned toward neutral and that spot taker buying had accelerated sharply. However, it noted that centralized exchange turnover remained subdued. In the report, the firm interpreted the gap between stronger spot absorption and weaker exchange activity as indicative of demand improving within a broader consolidation environment rather than a broad-based speculative expansion.
ETFs and derivatives hint at accumulation—yet “tentative” remains the watchword
Institutional flows were among the clearest positives in the week’s data. The report cited Farside Investors data showing that US spot Bitcoin ETFs recorded net inflows of $865.3 million last week. Such inflows can matter because they represent steady demand from traditional capital channels, often helping stabilize sentiment during choppy periods.
On the derivatives side, CryptoQuant data referenced in the report indicated that hedge funds had flipped to net long CME bitcoin futures. The CEO of CryptoQuant, Ki Young Ju, characterized the shift as “rare,” arguing that the typical positioning behavior had structurally favored being short via basis trades—an approach he said cannot easily be carried into net long positions. In his framing, hedge funds betting on upside suggests more conviction than simple hedging.
Still, the overall conclusion from the analytics commentary is that bitcoin’s rebound attempts are not fully “locked in.” The report described the comeback as “tentative,” with Glassnode’s divergence between accelerating spot taker buying and subdued exchange turnover serving as a caution signal. In other words: inflows may be arriving, but market breadth and turnover are not yet confirming a full expansion cycle.
Going forward, traders are likely to keep a close eye on whether macro uncertainty around the Strait of Hormuz continues to dominate price action, and whether FX conditions—especially USD/JPY—stabilize or deteriorate further. On the crypto side, the next test is whether ETF-led demand and derivatives positioning can translate into stronger spot-market momentum, rather than staying confined to consolidation.
This article was originally published as Bitcoin Gives Back Weekend Gains as Oil Jumps 5% on Strait of Hormuz Uncertainty on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Strive has added 147 Bitcoin to its corporate treasury, lifting its total holdings to 20,167 BTC. The purchase strengthens the company’s Bitcoin reserve as it continues expanding its digital asset strategy. Meanwhile, Strive reported strong Bitcoin yield figures, retired its debt, and maintained substantial cash reserves.
Bitcoin Treasury Reaches 20,167 BTC
Strive purchased 147 BTC between August 3 and August 7 at an average price of $64,812 per Bitcoin. Consequently, the latest purchase increased the company’s total Bitcoin holdings to 20,167 BTC. Based on current valuations, Strive’s Bitcoin treasury now carries a value of roughly $1.3 billion.
The latest acquisition continues a buying trend that accelerated throughout 2026. Strive purchased 1,109 BTC in May and added another 2,500 BTC during June. The company then continued its accumulation with additional Bitcoin purchases during July and early August.
Strive now ranks among the largest public companies holding Bitcoin in their corporate treasuries. BitcoinTreasuries.NET listed the company as the seventh-largest public Bitcoin holder. Therefore, the latest purchase further strengthens Strive’s position within the growing corporate Bitcoin market.
Bitcoin Yield Supports Treasury Strategy
Strive reported a Bitcoin yield of 24% during the second quarter of 2026. The company also recorded a Bitcoin yield of 38% during the first half of the year. Strive calculates the metric by comparing changes in Bitcoin holdings against diluted shares outstanding.
Meanwhile, the company fully retired its debt during the second quarter. Strive also held approximately $155 million in cash reserves after completing its debt reduction. Together, the cash position and Bitcoin holdings provide the company with two major treasury assets.
Strive has also introduced SATA, a preferred stock product that pays daily dividends. In addition, the company launched a Bitcoin treasury dashboard and website on August 10. The new tools provide regular updates about its Bitcoin holdings and treasury activity.
Bitcoin Expansion Follows Semler Merger
Strive significantly increased its Bitcoin reserves after completing its all-stock merger with Semler Scientific in September 2025. The transaction raised Strive’s Bitcoin holdings from about 5,000 BTC to approximately 10,900 BTC. Since then, the company has continued adding Bitcoin through regular treasury purchases.
The company’s 2026 acquisitions have pushed its holdings well above the level recorded after the merger. The May and June purchases accounted for 3,609 BTC before the latest acquisition. With the additional 147 BTC, Strive has continued building its reserve at a faster pace.
Tracking services estimate Strive’s average acquisition cost at about $94,700 per BTC across its entire treasury. However, the latest purchase price of $64,812 remained below that estimated average. As a result, the new acquisition added Bitcoin at a price below the reported cost basis of its broader holdings.
Strive’s growing Bitcoin reserve now forms a major part of its corporate financial strategy. The company continues combining Bitcoin accumulation with its asset management operations and treasury products. Meanwhile, its debt repayment and cash reserves provide additional financial resources as the strategy expands.
This article was originally published as Strive Expands Bitcoin Treasury With 147 BTC Purchase on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Standard Chartered’s Geoff Kendrick has laid out a bullish long-term case for Chainlink (LINK), tying potential LINK growth to the expanding tokenization of real-world assets (RWAs) and the infrastructure needed to make those assets work reliably on-chain.
In a report shared with Cointelegraph, Kendrick forecast that tokenized RWAs could reach $4 trillion by the end of 2028—creating a larger market for secure, verifiable external data. He argues this could translate into a major increase in Chainlink’s fee generation and ultimately push LINK to as high as $200 by the end of 2030, up from roughly $8 at the time of the report.
Key takeaways
Standard Chartered expects tokenized RWAs to grow to $4 trillion by the end of 2028, expanding demand for secure on-chain data services.
Kendrick links that demand to increased fee generation for Chainlink and a potential LINK price target of $200 by 2030.
The forecast also projects tokenized and crypto-native decentralized finance (DeFi) assets rising to $2.7 trillion by 2030.
Risks to the forecast include slower-than-expected institutional tokenization, competitive pressure from other oracle providers, and possible technical setbacks.
Why tokenized RWAs could boost oracle demand
Kendrick’s central point is that tokenized assets require more than just on-chain execution—they need trusted external information to be brought securely to blockchains. He said the growth of tokenized RWAs would increase the need for external data delivered “securely onchain,” which could support higher fee generation for Chainlink.
The report frames Chainlink as a key infrastructure layer for that process. By Kendrick’s account, tokenized ecosystems will need dependable data feeds, interoperability across networks, privacy-preserving compliance, and integration with established financial systems—requirements that he argues only Chainlink is currently positioned to provide.
From DeFi growth to a larger “data plumbing” market
The bullish thesis extends beyond RWAs. Standard Chartered also forecast a 37-fold increase in tokenized and crypto-native assets deployed in DeFi, projecting such assets could reach $2.7 trillion by the end of 2030.
That matters because DeFi participation often depends on continuous access to verified information—whether for pricing, settlement conditions, risk parameters, compliance-related checks, or cross-chain interoperability. Kendrick suggested these use cases will require trusted data delivery, privacy-preserving compliance, and system-to-system integration, creating broader demand for oracle services across multiple DeFi and tokenization workflows.
Signals from the market: tokenized RWA volumes are rising
The report arrives as on-chain tokenized-asset activity continues to expand. Cointelegraph noted that tokenized RWA trading on decentralized exchanges reached a new all-time high of $141 billion in July, according to CryptoRank data cited in the article. The same dataset indicated this represented a 19.5% month-over-month increase, with public equities identified as a major driver.
While a single month of DEX trading volume doesn’t automatically translate into future oracle revenue, it does reinforce the direction of travel: more tokenized assets are being traded onchain, and that usually implies a larger ecosystem of issuers, exchanges, custody and compliance providers, and the middleware needed to keep systems synchronized and verifiable.
Chainlink’s position—and the caveats
In the same coverage, Chainlink was described as the leading decentralized oracle provider for cross-chain communication, with $34.4 billion in total value secured, while Chronicle was cited as second with $7.36 billion. Those figures were attributed to DefiLlama’s oracle data.
At the same time, Standard Chartered’s Kendrick stressed that the LINK price path to his $200 target is not guaranteed. In the report, potential risks include slower-than-expected institutional tokenization efforts, competition from specialist oracle providers, and potential technical setbacks that could affect performance or adoption.
For investors and builders, the practical takeaway is that the thesis depends on execution on multiple fronts: tokenization must scale, institutional participants must move beyond pilots, and the required data and compliance tooling must work smoothly at real-world volume. If any of those steps stall, the timeline—and the magnitude—of the projected LINK upside could be pressured.
Readers should watch next how tokenized asset issuance and DEX/DeFi deployment evolve through the remainder of the decade, and whether oracle competitors gain traction. The most important variable will likely be whether tokenization growth keeps translating into sustained, verifiable on-chain data demands—the same mechanism Standard Chartered’s forecast is built on.
This article was originally published as Standard Chartered Sees $4T Tokenized RWA Boost for Chainlink to $200 by 2030 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Strategy, the publicly traded firm with the largest corporate Bitcoin treasury, has again converted part of its BTC holdings into cash to support buybacks of its STRC preferred stock. In its latest SEC filing, the company reported a second consecutive week of Bitcoin sales used to fund repurchases of STRC shares.
According to a Monday 8-K filing with the US Securities and Exchange Commission (SEC), Strategy sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9. The proceeds were used to buy back 1.15 million shares of its STRC preferred stock for the same $108.6 million total.
Key takeaways
Strategy sold 1,690 BTC for $108.6 million (Aug. 3–Aug. 9) to repurchase STRC preferred shares.
This was the company’s fourth disclosed Bitcoin sale of 2026, bringing 2026 total BTC sales to 6,948.
Strategy still holds 840,447 BTC with an aggregate purchase price of $63.36 billion, implying ongoing long-term exposure.
The filing shows remaining repurchase capacity under both the preferred stock and common-stock buyback programs.
Alongside STRC buybacks, Strategy continued building a US dollar reserve, reporting $4.65 billion as of Sunday.
Bitcoin sales tied directly to STRC buybacks
Strategy’s latest filing reinforces the company’s funding approach: using periodic Bitcoin liquidations to finance preferred stock repurchases. STRC is a variable-rate preferred stock structured to pay monthly dividends, and Strategy’s buybacks appear designed to manage capital structure while continuing dividend-related obligations.
On this occasion, the company reported an average net sale price of $64,262 per Bitcoin for the 1,690 BTC it sold. For comparison, Strategy’s broader Bitcoin cost basis is higher: the company cited an average purchase price of $75,385 per BTC for total holdings, including fees and expenses.
Strategy also previously disclosed a similar sequence. Earlier coverage noted that Strategy sold 1,638 BTC for $104.73 million between July 27 and Aug. 2, and used those proceeds to fund STRC repurchases as well. The current week’s sale follows that pattern closely—suggesting the company is maintaining an active, repeatable mechanism rather than relying on one-off treasury adjustments.
How much BTC Strategy has sold in 2026
While the latest transaction adds another step to Strategy’s 2026 funding routine, it does not represent a major shift away from holding BTC. The filing states the trade marked the company’s fourth disclosed Bitcoin sale of the year, bringing total 2026 BTC sales to 6,948 BTC.
After the latest sale, Strategy still holds 840,447 Bitcoin purchased for an aggregate $63.36 billion. That large remaining position matters for investors because Strategy’s balance sheet exposure to Bitcoin remains the dominant driver of its treasury value, even as the company periodically monetizes BTC to meet financial objectives.
From a market perspective, these disclosures also keep the question of “how much BTC is converted” in focus. If Strategy’s buyback-linked sales continue on a regular cadence, traders may increasingly weigh whether those conversions pressure sentiment around BTC liquidity at specific intervals—even if the firm’s long-term exposure remains intact.
Repurchase capacity and the dollar reserve build
Beyond the immediate buyback, the 8-K includes additional numbers that help map out how Strategy plans to fund and sustain the preferred stock program. The filing says Strategy has $785.2 million remaining under its digital credit securities repurchase program, which covers the preferred stock. It also reports another $1 billion available under its Class A common-stock repurchase program.
Strategy simultaneously continued building its US dollar reserves. The company reported a $4.65 billion balance as of Sunday, up from roughly $4 billion in the previous weekly update. In the filing, Strategy said $650 million of $653.1 million in net proceeds from recent MSTR stock sales went toward the reserve.
The reported cash number also includes expected proceeds from at-the-market (ATM) sales that had not yet settled at the time of the update. Taken together, the reserve build is relevant because it may reduce the need for frequent immediate BTC liquidations under certain market conditions—while still leaving BTC as the core long-duration holding.
STRC share momentum alongside buybacks
Strategy’s STRC buybacks come at a moment when the preferred stock has shown strength. The article cited that STRC shares rallied during Strategy’s recent repurchases, reclaiming $90 on Aug. 3 after rebounding 24% from their June lows.
In premarket trading Monday, STRC was up 0.46% to $95.45, after closing Friday at $95. According to Yahoo Finance, Strategy’s MSTR shares were also slightly higher, up 0.25% to $100.26 at the time of the report.
While price moves in any single session can’t be attributed solely to buybacks, the sequence is still notable: repurchases funded by BTC sales are arriving while market participants appear willing to bid up STRC from earlier weakness. For investors, the practical takeaway is that Strategy’s corporate actions are being tested in real time by equity market liquidity, particularly around preferred stock where dividends and variable-rate mechanics can influence demand.
Looking ahead, readers should watch two things: whether Strategy continues the pace of BTC-to-STRC conversions disclosed in its SEC filings, and how the firm’s remaining repurchase capacity and US dollar reserve evolve week to week. Any change in the cadence—or in the average net sale price compared with its cost basis—could affect how investors interpret the trade-off between maintaining BTC exposure and supporting the company’s preferred stock funding engine.
This article was originally published as Strategy Uses 1,690 BTC to Fund $108.6M STRC Buyback on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Standard Chartered’s Geoff Kendrick has outlined a bullish long-term scenario for Chainlink’s LINK token, arguing that the accelerating rollout of tokenized real-world assets could significantly expand demand for secure onchain data infrastructure.
In a Monday report shared with Cointelegraph, Kendrick suggested tokenized assets reaching $4 trillion by the end of 2028 could translate into a more than 25-fold increase in LINK by the end of the decade—potentially pushing the token toward $200 by 2030, compared with roughly $8 at the time of the analysis.
Key takeaways
Standard Chartered forecasts tokenized real-world assets could reach $4 trillion by end-2028, which the report links to increased onchain data needs.
Kendrick argues that securely bringing external data onchain at scale may raise Chainlink’s fee generation, supporting an end-2030 outlook of $200 for LINK.
The bank also projected a 37-fold rise in tokenized and crypto-native assets deployed in DeFi, reaching $2.7 trillion by 2030.
Cointelegraph notes that tokenized RWA trading on decentralized exchanges reached a new all-time high of $141 billion in July, according to CryptoRank data.
Standard Chartered flagged several risks to its LINK price view, including slower institutional tokenization, competitive pressure from other oracle providers, and potential technical issues.
Why tokenized assets could boost oracle demand
Kendrick’s thesis centers on a practical bottleneck: as tokenized real-world assets move onto blockchains, the ecosystem increasingly depends on reliable, permissioned, and verifiable information to function correctly onchain.
According to the report, tokenized assets will require “external data” to be brought securely onchain. Kendrick linked this to potential increases in Chainlink’s fee generation, suggesting that the LINK token could benefit if tokenized asset growth translates into broader network usage.
The bank’s onchain growth scenario for DeFi and tokenization
The report does not focus solely on tokenized RWA volumes. It also points to broader DeFi expansion, forecasting a 37-fold increase in tokenized and crypto-native assets deployed in decentralized finance—rising to $2.7 trillion by the end of 2030.
To support that kind of growth, Kendrick argued these assets will need more than just tokenization mechanics. The report highlights requirements including trusted data sourcing, interoperability between networks, privacy-preserving compliance, and integrations with existing financial systems.
In Kendrick’s view, meeting these needs is a capability currently embodied by Chainlink—an argument framed around the role of decentralized oracle infrastructure and the practical integration of offchain information into onchain applications.
Market momentum: tokenized RWA activity on DEXs keeps rising
The bullish framework arrives as tokenized RWA trading activity appears to be gaining traction in public markets.
Cointelegraph cited CryptoRank data showing tokenized RWA trading on decentralized exchanges reached a new all-time high of $141 billion in July. The same dataset was described as representing a 19.5% month-over-month increase, with public equities listed as a major driver.
That growth aligns with the report’s underlying premise: if more tokenized products—particularly those tied to traditional financial instruments—are actively traded onchain, the ecosystem’s dependency on secure and interoperable data workflows tends to rise in parallel.
Chainlink’s competitive positioning and the risks to the forecast
Standard Chartered’s bullish conclusion also builds on Chainlink’s standing in the oracle sector.
The report referenced crosschain oracle infrastructure metrics compiled by data aggregation services. Cointelegraph notes that Chainlink is ranked as the leading decentralized oracle provider for crosschain communication, citing $34.4 billion in total value secured, while Chronicle is listed second with $7.36 billion, according to DefiLlama’s oracle data.
Even with that positioning, Kendrick’s report included explicit caveats. Standard Chartered said risks to its LINK price forecast include slower-than-expected institutional tokenization initiatives, competition from specialist oracle providers, and potential technical setbacks that could affect performance or adoption.
What investors should watch next
Whether LINK reaches the kind of valuation implied by Standard Chartered’s end-2030 outlook will depend on how quickly real-world asset tokenization scales beyond pilots, and whether oracle infrastructure sees sustained fee growth alongside rising onchain trading and DeFi deployment. Readers should monitor both RWA adoption metrics and signs of intensifying oracle competition or execution risk.
This article was originally published as Standard Chartered Sees Tokenized RWA Growth to $4T, LINK Could Hit $200 by 2030 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

The Clarity Act has been punted to September after lawmakers missed the August window due to disagreements over ethics provisions, stablecoin yields, illicit finance measures, banking industry concerns, and a packed Senate calendar.
According to a statement by US Senator Jim Risch, the Senate will hold a procedural vote on the act on September 15. The delay brings the United States Securities and Exchange Commission’s (SEC) rule-making agenda in the spotlight. SEC Chair Paul Atkins has stated that the commission can, in partnership with the CFTC, provide a regulatory bridge while the Senate continues working on the act.
Clarity Act Faces Another Delay
The Clarity Act has been delayed yet again after lawmakers failed to agree on several key issues, including stablecoin yields and ethics provisions, the two sticking points. Senate Democrats have ruled out supporting the bill, arguing it does not satisfactorily address potential conflicts of interest involving federal officials, including the president, and their digital asset holdings. They have demanded stronger language in the bill, highlighting President Trump’s 2025 financial disclosure, which reported $1.4 billion in crypto-related income.
Additionally, the banking lobby introduced last-minute changes to key provisions dealing with stablecoin rules, while a packed legislative schedule meant the Senate prioritized other legislation, including funding extensions, Russia sanctions, and federal nominations over the Clarity Act.
Senators Ruben Gallego and Thom Tillis sent a bipartisan ethics proposal to the White House. The proposal would give state attorneys the authority to enforce restrictions on federal officials issuing digital assets. The proposal also requires President Trump to divest his crypto interests. However, President Trump has yet to approve the proposal.
Vote Set For September
Senate Majority Leader John Thune confirmed the delay on Thursday, while Senator Jim Risch stated that the Senate will begin the process of passing the Clarity Act on September 15.
“On September 15th, the U.S. Senate will start the process of passing the Clarity Act. The stakes couldn’t be higher. We must advance this important bill and make it law.”
Risch argued that the delay in passing the legislation could leave US citizens vulnerable to scam and fraud attempts, while shifting jobs and investments abroad.
Democratic support is crucial in ensuring the bill passes the Senate. The Republicans hold only 53 seats, significantly short of the 60 seats needed to invoke cloture and defeat a filibuster. While Republicans and crypto-friendly Democrats try to iron out a compromise, Senator Elizabeth Warren wants the Clarity Act to be rejected because it does not offer enough protection for investors and the financial system.
SEC Takes Center Stage
The legislative deadlock puts regulatory responsibility on the SEC while Senators continue efforts to get the legislation passed. SEC Chair Paul Atkins proposed working with the Commodity Futures Trading Commission (CFTC) to provide a regulatory bridge and create a parallel regulatory track. Atkins stated that the collaboration would include token classifications and potential exemptions, permitting some on-chain transactions under specific federal requirements. The agencies issued joint guidance in March, stating that most cryptocurrencies are not securities.
The SEC’s July regulatory agenda targeted specific policy areas, including crypto, custody, fundraising, and tokenized securities. Separately, it is creating rules governing how crypto can be held, traded, and issued under federal securities laws.
However, the SEC Chair has clearly distinguished agency rules from a market framework, calling Congressional legislation “the way to future-proof” crypto regulation in the US. Atkins outlined the SEC’s authority regarding crypto, stating that the agency could clarify how securities laws could apply to crypto, address custody rules, establish exemptions, and create rules for securities-related on-chain activities.
Crypto Industry Not Worried
While the delay may have disappointed the industry, key figures believe crypto will thrive even if the Clarity Act fails to pass. Bitwise CIO Matt Hougan believes the industry will move forward despite regulatory uncertainty and legislative delays. Hougan stated,
“Crypto will be fine. Even if Clarity doesn’t pass, the crypto industry will find a way forward.”
Investors, market watchers, and analysts are hopeful after Senator Thune said the Senate will vote on the bill in September. However, with a packed legislative schedule, it might be difficult for the bill to pass this year.
Chris Niebuhr, analyst at Beacon Policy Advisors, stated,
“Nothing is dead until the year is up, technically speaking, but it’s hard to see the issues that have come up being solved in the time they have left.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
This article was originally published as Clarity Act Delayed Until September As Impasse Over Ethics Provisions Bogs Down Negotiations on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.