Today's Crypto and Bitcoin News

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08-13

Tether Completes First Full Audit, Receives Clean KPMG Opinion

Tether has moved to put a new layer of third-party scrutiny around its finances, completing an independent audit of its annual financial statements. KPMG US issued a clean, or “unqualified,” opinion on Tether’s 2025 accounts, covering the company’s balance sheet, income statement, and cash flows for

SEC Cancels Key Meeting on Proposed Crypto Regulation Framework

The US Securities and Exchange Commission canceled a meeting that was set to mark one of the most significant moments in crypto regulatory history. The Friday session was expected to address a proposal known as “Regulation Crypto,” a framework designed to create permanent rules governing investment

Bowen_bug places 40 SPCX short orders totaling $202M on markets.xyz

Odaily Planet Daily reports, according to HyperliquidNews monitoring, the wallet named Bowen_bug on markets.xyz placed 40 short positions on SPCX, each involving 35,500 SPCX, with an individual notional value of approximately $5.05 million, totaling a notional value of $202 million. The order prices

Gemini Space Station Posts $107.7M Q2 Loss Despite 37% Revenue Growth

Four quarters into life as a public company, Gemini Space Station Inc. is threading a needle that a lot of crypto platforms know well: growing the top line while still bleeding red ink at the bottom.The Winklevoss-led exchange reported Q2 2026 revenue of $45.5 million, up 37% from the same period a

Norway Wealth Fund Holds $81.9M Stake in BitMine, Indirect ETH Exposure

Norway’s Government Pension Fund Global disclosed a 6,151,062-share position in BitMine Immersion Technologies valued at $81,870,635, according to a Norges Bank holdings filing for the quarter ended June 30.The holding gives the sovereign wealth fund indirect exposure to Ethereum through BMNR stock.

Flare Unlocks On-Chain Options and Perpetual Futures for XRP Holders via Derive

XRP holders now have a new way to put their coins to work: Flare announced Thursday that holders can use FXRP—the ERC-20 representation of XRP on the Flare blockchain—as collateral to trade options and perpetual futures on decentralized exchange Derive. How it works - Users mint FXRP through Flare’

CFTC to Hold First Innovation Advisory Committee Meeting on Crypto, AI, and Prediction Markets

CoinDesk reports:The U.S. Commodity Futures Trading Commission (CFTC) will hold its first Innovation Advisory Committee meeting on August 20, covering topics including crypto assets, artificial intelligence, and prediction markets. The meeting itself will not involve voting on specific new regulatio

Michael Saylor Proposes New Framework for Classifying Digital Assets

Strategy Chairman Michael Saylor shared a new framework classifying Bitcoin and digital assets according to their different financial functions. According to Saylor, Bitcoin should be seen not merely as a means of payment, but as a fundamental layer of “digital capital” upon which credit, money, and

Polkadot Price Drops Below $0.80 After Grayscale Withdraws DOT ETF Plan

Polkadot [DOT] fell below $0.80 as sellers erased another part of the token’s early-August recovery.The weakness comes after Grayscale abandoned plans for its proposed Polkadot Trust ETF, with the decision removing a potential US-listed investment product for DOT. Although, before the withdrawal, th

US Investors Pull $3.4B from China ETFs Amid Sharp Outflows

US investors have pulled $3.4 billion from China-focused exchange-traded funds over the past three months, marking the largest annual outflow ever recorded for the category. The withdrawals span major US-listed vehicles tracking mainland and broader Chinese indices, including BlackRock’s iShares MSC

XRP Holds at $1.01 Amid CLARITY Act Delays, CFTC Steps In

XRP traded at $1.009 on Thursday. It has been pinned to that dollar line since the Senate skipped its CLARITY Act vote and left for recess.That bill would write XRP’s legal status into federal law. Its next window opens when senators return in September. The Commodity Futures Trading Commission (CFT

DATA Foundation Delays Insider Token Unlock Past Aug. 13 Deadline

Tokens held by DATA Foundation's team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project's earlier public supply schedule.The organization, formerly called Story Foundation, said on June 25 that its team and lead investors had extended their token locku

US Equities Rise on Softer PPI Data, Fed Rate Hike Hopes Dim

Wall Street had a good day, and for once the reason was refreshingly simple: prices aren’t rising as fast as everyone feared.US equities climbed on August 13 after the Bureau of Labor Statistics reported that July’s Producer Price Index came in softer than expected. The S&P 500 rose roughly 0.5%...

Trump Media Discloses Risks of Bitcoin Lending in SEC Filing

CoinDesk reports:In its latest filing with the U.S. Securities and Exchange Commission (SEC), Trump Media has added a previously undisclosed risk factor. The company disclosed that it has entrusted a portion of its Bitcoin to a third party to generate additional income, exposing these assets to lend

Tech ETFs Drive Record Monthly Trading Volume, Reaching 10% Share

Technology ETFs now account for roughly 10% of total ETF trading volume, double their usual share. That spike is one of the clearest signals yet of just how aggressively investors are chasing tech exposure, and it’s happening against the backdrop of record-breaking ETF activity across the board.The

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