Today's Highlights
1. Reddit to Join S&P 500 Index
2. White House to Host Crypto and Prediction Market Executives
3. HSK Chain Supports Ethereum Applications Guild's Global Developer Initiative
4. South Korea Requires Practice Trading for New Retail Investors
5. BTC AB to Pay First Bitcoin-Backed Dividend
6. CoinfestAsia 2026 to Feature Indonesian Regulators on Crypto Policies
7. CoinfestAsia 2026 to Return to Bali with Expanded Focus
Macro News
World Liberty Wins Conditional Bank Charter for $4B USD1 Stablecoin
World Liberty Financial has received conditional approval from the OCC to establish a federally chartered trust bank, which would allow it to issue and custody its USD1 stablecoin under federal oversight. The Trump family has a financial stake in the company.
Galaxy: CLARITY Act Passage Probability Drops to 10%
Galaxy Research analyst Alex Thorn noted that the CLARITY Act’s chance of passing in 2026 has dropped to 10%. SEC and CFTC are accelerating independent regulatory actions as the bill faces delays due to unresolved ethical rules and political pressures.
Over $56.2M Withdrawn from US Spot BTC ETF Market
According to AiCoin, the US spot BTC ETF market saw a net outflow of $56.2 million in the past 24 hours. IBIT led the outflow with $55.5 million, followed by FBTC with $6.8 million.
Tether Completes Independent Audit of Reserves with KPMG
Tether has completed an independent audit of its reserves with KPMG, receiving a clean audit opinion. The report confirms that Tether’s reserves exceed 100% of its liabilities.
Institutional Buying Continues Despite Market Volatility
Despite regulatory uncertainty, institutional investors are increasing their exposure to Bitcoin. JPMorgan has raised its stake in BlackRock’s Bitcoin ETF by 25%, signaling continued confidence in the asset class.
Industry Hotspots
Z.ai Launches GLM-5.3: 743B-Parameter Open-Weights Coding Model
Z.ai, a Beijing-based AI lab, has launched GLM-5.3, a 743-billion-parameter open-weights coding model. The model is now available via Z.ai’s GLM Coding Plan and ZCode, with API access and downloadable weights coming soon.
Norway’s Sovereign Wealth Fund Holds Bitcoin-Linked Positions
Norway’s sovereign wealth fund has disclosed $428 million in positions in Strategy and BitMine, both of which hold significant Bitcoin reserves. This highlights the growing indirect exposure of traditional institutions to crypto.
Miden Launches PriFi for Private Finance on Blockchain
Miden has introduced PriFi, a new framework for private finance on blockchain. The project aims to enhance privacy in stablecoin transactions, moving beyond fast and cheap transfers to include confidential financial operations.
Beldex Expands Beyond Privacy Coin to Full-Stack Ecosystem
Beldex has evolved from a privacy-focused blockchain to a broader ecosystem, including BChat for messaging, BelNet for internet connectivity, and Beldex Browser. The team emphasized its long-term vision during a recent X Space.
Bitdeer Produces 263.4 BTC This Week, Maintains Zero Holdings
Bitdeer, a Nasdaq-listed Bitcoin miner, produced and sold 263.4 BTC in the week ending August 14. The company continues to maintain a zero Bitcoin holding strategy.
KOL and Institutions
@Margexcom
Market volume is down 14% in 24h, with liquidity still concentrated in BTC, ETH, SOL, BNB, and TRX. BTC saw $6.35B in trading volume, while ETH and SOL also saw significant activity.
@kyc_rip
Monero’s CEX price is $399.92, while the street price is slightly higher at $401.71. The premium is at +0.45%. Privacy nodes account for 78% of the network, and P2P liquidity stands at 7,132.55 XMR.
@InsiderFinancex
AMZN is consolidating at $262.65, with bearish technicals and a key resistance at $278.08. Dark pool activity shows $277.17M in 29 blocks, with late buyers outperforming sellers.
@Yatoro
The International Dota 2 tournament features a highly anticipated match between Team Vision and Team Spirit. Spirit has performed well in early games, showing strong potential for the championship.
@KangaExchange
Kanga Global will delist the TRB/USDT trading pair on August 27, 2026, at 10:00 AM UTC. Users are advised to move positions before the deadline to avoid disruptions.
@SummitHorizon_
XRP has fallen below $1, trading at $0.99 amid broader crypto market weakness. The decline highlights ongoing challenges for the asset as institutional adoption remains limited.
@CointribuneEN
Ethereum researchers have dropped Poseidon as a hash function for zero-knowledge proofs. The decision comes as the network evaluates post-quantum cryptographic alternatives.
@ARafayGadit
A recent insolvency event highlights the risks of poorly structured leverage and liquidation mechanisms in real-world asset (RWA) protocols. Credit deterioration can quickly escalate into systemic failures.
@SnowyDeFAI
BTC is trading at $62,962.00, ETH at $1,881.45, and SOL at $75.34. The market remains volatile, with Solana and Ethereum showing mixed momentum.
@Miden
Miden’s PriFi framework introduces privacy into stablecoin transactions. The project aims to address the growing need for confidential financial operations on public blockchains.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.