Altcoin News page 12

The Pi coin is consolidating under a key price level as the network prepares for its September 15 mainnet update. Pi Network's token is consolidating below the $0.10 mark as the project approaches a scheduled mainnet upgrade known as Protocol 27.

The token's record run has drawn fresh scrutiny of its tokenomics amid a broader push toward institutional crypto infrastructure. WBT, the native token of the Whitechain network, reached a new all-time high this week. The move comes as the broader W Group ecosystem continues to expand its infrastructure and platform offerings.

The company is abandoning its Dogecoin treasury approach as it redirects capital toward artificial intelligence initiatives. CleanCore has ended its Dogecoin treasury strategy, selling its holdings for approximately $33 million. CryptoBriefing reported the sale figure at $33 million, while crypto.news put it at $33.4 million.

The Ethereum treasury company added to its holdings in its biggest single-week purchase in roughly seven weeks. Bitmine, the Ethereum-focused treasury company associated with Fundstrat co-founder Tom Lee, purchased approximately $81 million worth of ETH over the past week.

The company's latest purchase puts it at roughly 97% of its previously announced Ethereum accumulation goal. BitMine's Ethereum holdings have reached approximately 5.85 million ETH, according to figures reported this week. The latest addition to its treasury brings the firm within striking distance of a self-stated accumulation target.

The hardware wallet maker disputes the severity of a bug reported by researcher group TestMachine, calling the claims overstated. Ledger, the maker of widely used hardware wallets, has addressed reports of a signing flaw in its Ethereum application. The company says the vulnerability was already patched before it became public knowledge.

A sharp rise in network usage on August 21 pushed Solana's fee-burn mechanism to one of its largest single-day totals this year. Solana recorded a sharp increase in onchain activity on August 21, with the network’s daily token burn reaching approximately 87,000 SOL.

A White House crypto summit spotlighted the stalled market-structure bill while the SEC moves to address oversight questions in the meantime. President Trump has continued to press for passage of the CLARITY Act, a proposed law meant to define regulatory jurisdiction over digital assets.

The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline and short positions that have not yet been forced to cover. The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline…

Analysts say Circle's growth story does not depend on passage of the stablecoin market structure bill. Bernstein has restated its $140 price target for Circle, the company behind the USDC stablecoin, according to reporting from crypto.news and The Block.

Bearish positioning persists among a small group of firms even as both assets post strong gains. Three trading firms have maintained short positions on Bitcoin and Ethereum even as both cryptocurrencies posted sharp price gains, according to reporting from Yahoo Finance and BeInCrypto.

Lawmakers are moving to fast-track comprehensive crypto legislation before the end of the year. South Korean lawmakers are pushing to accelerate the Digital Asset Framework Act, with a goal of passing the bill this fall. The legislation would expand the country's regulatory approach to digital assets beyond the narrower protections already in force.

Daily fees and MEV activity pushed Solana's network revenue to its strongest level since early in the year. Solana's network revenue crossed $1 million on Aug. 19, marking its best single-day showing in six months. The metric captures the total value paid by users to have transactions processed and included in blocks.

Analysts point to record weekly ETF inflows as the main driver behind XRP's sharp rally. XRP has staged a dramatic weekly rally, with reported gains ranging from 47% to 50% depending on the measurement window and source. The move ranks among the token’s sharpest short-term advances in recent months.

TronWeekly and Cryptonews.com give conflicting numbers for XRP's trading volume and spot ETF net inflows on the same day. TronWeekly and Cryptonews.com give conflicting numbers for XRP's trading volume and spot ETF net inflows on the same day. What all sources agree on XRP was trading in the $1.48–$1.49 range around the time of publication.

A large short position tied to market maker Wintermute has surfaced just as XRP posts recent gains. A wallet associated with Wintermute, a prominent cryptocurrency market maker, has reportedly opened a sizable short position against XRP. U.Today first reported the development on August 24, describing the position as unusually large.

Coinfomania says Ledger's own Donjon team disclosed the Ethereum app vulnerability, while CryptoBriefing and The Cryptonomist EN say the public disclosure came from an external security researcher/firm, TestMachine. Coinfomania says Ledger's own Donjon team disclosed the Ethereum app vulnerability, while CryptoBriefing and The Cryptonomist EN say the public disclosure came from an external security researcher/firm…

The event, set for December, marks the foundation's inaugural workshop dedicated to privacy-preserving technology The Ethereum Foundation has confirmed sponsorship of WPPT 2026, a workshop dedicated to privacy-preserving technologies. The event is scheduled to take place in Hong Kong this December, according to multiple reports.