SpaceX Holds Bitcoin, Polymarket Aims for $20B Valuation, and SBF’s Conviction Upheld

KuCoinFlash

Release Time: 08/05/2026 01:43:47

Summary

Bitcoin breaking news: SpaceX held Bitcoin in Q2 2026 with no sales reported. Polymarket is now seeking funding at a $20 billion valuation. The U.S. Court of Appeals upheld Sam Bankman-Fried’s convictions. Capital One denied Trump’s ‘debanking’ claims, citing compliance reviews. Wells Fargo plans to launch tokenized deposits via in-house blockchain. A senator called for an SEC probe into Trump’s meme coin. Arthur Hayes linked the AI boom to the 2008 crisis. Polymarket reported 43.1 million monthly visitors.

1. SpaceX did not sell any Bitcoin in Q2;

2. Bonk Guy: Previously withdrew eight-figure profits; this cycle will continue with gradual profit-taking;

3. Arthur Hayes: The AI bubble is similar to the 2008 credit story, not the 2000 earnings story;

4. Polymarket is seeking funding at a valuation exceeding $20 billion;

5. Capital One responds to Trump's "de-banking" allegations: account closure followed months of compliance review;

6. Wells Fargo will launch tokenized deposit services for corporate clients, operating on its proprietary blockchain;

7. Senator calls on the SEC to investigate Trump's meme coin;

8. The U.S. Court of Appeals for the Second Circuit in New York dismissed SBF’s appeal, upholding his convictions for fraud and conspiracy;

9. Bloomberg ETF Analyst: The Coldcard hacking incident may drive more funds toward ETFs;

10. Data: Polymarket recorded 43.1 million monthly visits, as on-chain prediction markets emerge as significant information platforms.

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