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Morgan Stanley cuts Circle price target to $38 as stablecoin growth stirs concerns
Circle (CRCL) shares came under pressure on Monday after Morgan Stanley downgraded the company to underweight and sharply cut its price target.
Fxstreet
Tue, Aug 4
BlackRock rolls out two tokenized products for cash management
BlackRock has expanded its push into tokenized financial products with the launch of two blockchain-based money market funds, seeking to bring traditional cash management products into digital asset markets.
Fxstreet
Tue, Aug 4
Peter Thiel's Palantir surges after crushing earnings and raising its full-year forecast
Palantir (NASDAQ: PLTR) jumped 12% in late trading after Monday’s earnings release as the software company beat Wall Street’s second-quarter targets and lifted its 2026 forecast. Adjusted profit came to 41 cents a share, above the 35 cents expected by analysts tracked by London Stock Exchange Group (LSE: LSEG). Revenue reached $1.94 billion, topping the...
Cryptopolitan
Tue, Aug 4
Bitcoin's next bottom may not arrive until late 2026
On-chain research firms and cycle analysts are projecting late 2026 as the most likely time for Bitcoin to make its cycle low. Those who agree with this scenario note that a further macroeconomic deterioration or a regulatory crackdown could cause the price to bottom in 2027. The global crypto market has witnessed some heavy sell-off...
Cryptopolitan
Mon, Aug 3
US lines up meeting with tech giants as AI safety testing becomes top priority
The Trump White House has asked Meta, Anthropic, OpenAI and Google to visit D.C. on Tuesday for a meeting on voluntary government testing of the best US AI models. This comes after two of the four invitees admitted their AI systems breached into outside companies’ networks. Tests built to gauge a model’s hacking potential On...
Cryptopolitan
Mon, Aug 3
Bessent's crypto adviser Tyler Williams exits Treasury as CLARITY vote runs out of clock
Tyler Williams, the top digital assets adviser to Treasury Secretary Scott Bessent, has left the federal government and is expected to head back to the private sector. Williams left his role ahead of the Senate’s August recess, which has still not voted on the crypto industry’s signature bill, the CLARITY Act. What was Tyler Williams’...
Cryptopolitan
Mon, Aug 3
BubbleMaps flags 25 wallets holding 19% of CATE supply
On-chain analytics firm BubbleMaps has published data that shows that 25 wallets control 19% of the CATE memecoin. This is a concentration warning aimed at the nearly 75,000 traders who have bought the cat-themed token that markets itself on a link to the dog behind Dogecoin. Who controls the bulk of CATE supply? BubbleMaps shared...
Cryptopolitan
Mon, Aug 3
Kenya's KNEC anchors 15 million academic records on Avalanche
The Kenya National Examinations Council (KNEC) is providing job seekers and recruiters a way to confirm a certificate in seconds by writing the country’s academic records to the Avalanche (AVAX) C-Chain. Ava Labs disclosed the rollout in an August 3 blog post, and Avalanche confirmed it the same day on X. What is Kenya’s new...
Cryptopolitan
Mon, Aug 3
Strive, American Bitcoin and Bitmine lead accumulation amid Strategy sales
Strive (NASDAQ: ASST), American Bitcoin (NASDAQ: ABTC), and Bitmine (NYSE: BMNR) each increased their crypto treasuries, while Strategy sold 1,638 BTC for ~ $104.7 million to fund dividends and build its cash reserves. Strategy is the largest corporate Bitcoin holder. The difference in strategies reveals an already increasing gap between crypto’s biggest name and the...
Cryptopolitan
Mon, Aug 3
Ethereum Price Forecast: BitMine extends share buyback spree, scoops over 10K ETH
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) continued its share buyback spree last week after repurchasing 4.5 million shares of its common stock.
Ethereum
Fxstreet
Mon, Aug 3
Strategy offloads 1,638 Bitcoin, sells MSTR shares as USD reserves reach $4B
Strategy (MSTR) sold 1,638 Bitcoin (BTC) last week, generating approximately $104.73 million, while continuing sales of its Class A Common Stock (MSTR), according to a Form 8-K filing with the Securities and Exchange Commission (SEC) on Monday.
Bitcoin
Fxstreet
Mon, Aug 3
Robinhood is now approved to offer crypto services in UK
Robinhood has joined a handful of companies licensed to offer crypto services in the United Kingdom. The Financial Conduct Authority (FCA) records show that Robinhood has been included in the country’s registry of approved crypto assets firms as of July 31. The listing confirms the crypto-friendly trading platform meets the FCA’s money-laundering requirements or MLRs,...
Cryptopolitan
Mon, Aug 3
TRON DAO Joins Blockchain Application Stanford Summit at the Science of Blockchain Conference as a Sponsor
Geneva, Switzerland, August 3, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), served as a Premier Support Sponsor of the Blockchain Application Stanford Summit (BASS), held July 30 at Stanford University as part of the Science of Blockchain Conference (SBC) 2026....
Cryptopolitan
Mon, Aug 3
American Bitcoin reports a $57.2 million net loss for Q2 2026
The Trump-backed Bitcoin treasury and mining American Bitcoin (ABTC) ended Q2 2026 at a loss, despite better results than in the previous quarter. The company posted a net loss of $57.2 million in the three months to June 30, down from roughly $82 million reported in Q1. American Bitcoin generated $67.0 million in mining revenue...
Cryptopolitan
Mon, Aug 3
London court sends 'clear message' with guilty ruling for crypto kidnap gang
The five captors of two French cryptocurrency millionaires, who were held for more than two days in an east London flat, have been convicted at Inner London Crown Court. Violent physical attacks aimed at crypto holders have seen a recent increase worldwide. In this particular case, the captors were demanding a $150,000 ransom. How are...
Cryptopolitan
Mon, Aug 3
South Korea's Bithumb shares safety and transparency updates ahead of 2028 IPO
Bithumb’s ambitions of having a public listing have not been shelved despite its recent troubles with regulators, which saw it get fined alongside a suspension and an accidental Bitcoin payout that was once valued at $43 billion. The second-largest crypto exchange in South Korea has informed its shareholders that it will be putting measures in...
Cryptopolitan
Mon, Aug 3
Saylor's Strategy sells again, swapping BTC reserve balance for cash
Strategy (NASDAQ: MSTR) entered yet another week without announcing a Bitcoin purchase. Instead, the leading corporate Bitcoin holder sold 1,638 Bitcoins (BTC) for about $104.7 million during the week of July 27 and August 2. Strategy sold the latest batch at around $63,957 per coin, more than $10,000 below the almost $75,500 it paid on...
Cryptopolitan
Mon, Aug 3
ZeroStack tells SEC it may not survive another year of operation
ZeroStack fears it may not have enough cash to operate for another year, as its 0G token treasury sinks 91%. The Nasdaq-listed company told the U.S. Securities and Exchange Commission (SEC) Friday that there is substantial doubt about its ability to keep operating as a going concern for the next 12 months. In the filing,...
Cryptopolitan
Mon, Aug 3
Ant Group robotics unit Lingbo opens its first funding round, targets 1.5 billion yuan
Ant Group’s (HK: 6688) Lingbo Technologies recently started its first external funding round, aiming to raise 1.5 billion yuan ($206 million). The company intends to hold a second funding round before the end of 2026, which would make it the fastest funding round of any startup in China’s robot-brain sector. Why is Lingbo focusing on...
Cryptopolitan
Mon, Aug 3
Ripple Price Forecast: XRP sell-off accelerates as bears target $1.00 support
Ripple (XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technical outlook continues to deteriorate, pressured by declining retail participation.
XRP
Fxstreet
Mon, Aug 3
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