Finance and Business News page 17

Persistent redemptions from crypto exchange-traded funds are challenging the narrative of unstoppable institutional appetite. Crypto exchange-traded funds have spent much of the past two years as a symbol of institutional acceptance. Spot bitcoin and ether products drew billions of dollars in inflows after their launches, reinforcing the idea that traditional finance was steadily absorbing digital…

Bitcoin and broader digital asset markets hold gains ahead of a closely watched Federal Reserve speech, with some traders drawing comparisons to 2022. Digital asset markets have held onto significant weekly gains heading into a closely watched appearance by Kevin Warsh at the annual Jackson Hole economic symposium.

Reports indicate the company raised billions in fresh capital last month but parked it in US dollars rather than expanding its bitcoin holdings. MicroStrategy reportedly did not purchase bitcoin in August, despite raising $3.28 billion through its capital markets activity.

Gemini and Apex Fintech Solutions have struck a partnership to bring CFTC-regulated prediction markets to Apex's brokerage clients. Gemini has agreed to provide technology behind Apex Fintech Solutions' prediction market offerings, according to reports from crypto.news and CoinGape.

The two event organizers say the joint summit will adopt a decentralised format for its Singapore edition CoinFerenceX and The Best Event have announced they are joining forces to launch a new crypto industry gathering. The event will be called CoinFerenceX The Best Event Singapore.

Prosecutors say a multi-year investigation into unauthorized shipments of advanced computing hardware has concluded with formal charges. Taiwan's prosecutors have concluded a probe into the illegal export of high-end servers, filing indictments against nine individuals, according to CryptoBriefing.

The latest purchase extends Strive's bitcoin treasury strategy as its holdings climb past 21,000 coins. Strive has expanded its bitcoin treasury with a fresh purchase of 1,110 BTC, according to reporting from CryptoBriefing and CryptoPotato. The transaction, valued at approximately $83 million, brings the company’s cumulative bitcoin holdings to 21,356 BTC.

The optics-technology firm says the stake gives it indirect access to Bitcoin without holding the asset directly. MicroCloud Hologram, a company known for optics and holographic display technology, has disclosed a purchase of shares in Strategy. Strategy is the business-intelligence firm formerly named MicroStrategy, which trades under the ticker MSTR.

A weekly outlook flags a technical shift traders have watched for months. Bitcoin has reclaimed a bear-market trend line it had not held above since 2025, according to Cointelegraph's weekly market outlook. The publication frames the move as one of five developments traders should track this week.

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.

Markets brace for the Federal Reserve's annual symposium as bitcoin approaches a closely watched price level. Bitcoin is approaching $80,000, a level traders view as its next significant test. The move comes as attention turns to the Federal Reserve's annual Jackson Hole symposium.

The widely watched sentiment gauge has moved firmly into greed territory, according to two separate reports. The Crypto Fear & Greed Index has jumped to 73, according to reporting from CryptoBriefing and Yahoo Finance. A reading at that level falls within the range typically labeled as greed.

The latest update to the bloc's crypto-asset service provider register shows German banks accounting for a growing share of authorized firms. Germany has widened its lead in the European Union's crypto-asset licensing regime after six banks were added to the bloc's MiCA register, according to reports from Cointelegraph and CryptoBriefing.

Strategy's chairman argues Bitcoin meets the investment standard wealthy allocators apply to scarce assets. Michael Saylor, chairman of Strategy and one of Bitcoin's most prominent corporate advocates, has offered new guidance on how everyday investors should approach the asset.

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.

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.

The exchange is reportedly exploring restructuring options as a deadline to halt trading approaches. Cryptocurrency exchange BitMart is reportedly weighing a phased restart of its platform combined with a creditor payout plan, according to reports from crypto.news, TronWeekly, and Unchained.