Finance and Business News page 18

Traders booked $1.72 billion in gains even as spot ETF demand and a sharp weekly rally lifted sentiment toward a possible run to $95,000. Bitcoin pushed through the $77,000 level this week, according to data cited by Brave New Coin, marking a 26.8% gain over a seven-day period.

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.

Blockchain.News (2026-08-24) and The Tokenist disagree on whether ADA's MACD signals exhausted momentum or bullish momentum, and on where the 200-day moving average sits. Blockchain.News (2026-08-24) and The Tokenist disagree on whether ADA's MACD signals exhausted momentum or bullish momentum, and on where the 200-day moving average sits.

The digital-asset platform's new funding round pushes its valuation to $1 billion. Fasset has closed a $68 million Series C funding round, according to reports from Fintech News Singapore, CoinTurk News, and The Cryptonomist. The round was led by SBI Group, a major Japanese financial services conglomerate with a long-standing presence in digital assets.

Reports point to an August 25 debut, with Zcash futures open interest overtaking Dogecoin and BNB Grayscale is moving closer to launching what would be the first U.S.-listed exchange-traded fund tied to Zcash, according to reports from Crypto News Australia and CoinGape.

The central bank introduces a knowledge-based path to qualified investor status ahead of an expected crypto market rollout. The Bank of Russia has announced changes to its qualified investor framework, according to reports from Bitcoin.com News and crypto.news.

Paolo Ardoino points to growing use of the dollar-pegged stablecoin in economies facing currency instability. Tether CEO Paolo Ardoino said adoption of the company's USDT stablecoin is increasing across four countries, according to a report from crypto.news.

Regulators want current virtual asset businesses to register or risk losing market access. Pakistan has opened a licensing portal for companies offering cryptocurrency and virtual asset services, according to reports from Cointelegraph and CryptoBriefing. The portal gives existing firms a clear path to formal registration for the first time.

The move comes as the Strive asset management firm's chief executive predicts Bitcoin's next market cycle could outperform all previous ones. Bitcoin logged its largest weekly dollar gain on record this week, The Block reported. The figure marks a milestone in the asset's price history, measured in absolute dollar terms rather than percentage terms.

A pilot program brings financial institutions and regulatory bodies together to trial post-quantum cryptography for digital asset transfers. A group of banks and regulatory bodies has joined a pilot program testing quantum-resistant crypto transfers, according to reports from Cointelegraph and CryptoBriefing.

Bitcoin and broader digital asset markets face a heavy macroeconomic data calendar that could shape short-term sentiment. Crypto markets enter a pivotal week as investors turn their attention to a cluster of US economic reports. Personal Consumption Expenditures inflation data, jobs figures, and gross domestic product growth numbers are all due for release.

The billionaire investor says rising US debt levels justify holding hard assets alongside traditional portfolios. Ray Dalio, founder of Bridgewater Associates, has again sounded the alarm on US government debt. He warned that current fiscal trends could push total US debt toward $60 trillion, according to Bitcoin.com News.

Japanese financial giant SBI joins investors funding Fasset's push into stablecoin-based payments Fasset, a neobank built around stablecoin infrastructure, has reached a $1 billion valuation. The milestone follows an investment from SBI Group, the Japanese financial conglomerate known for its diversified holdings across banking, brokerage, and crypto ventures.

Cointribune EN and CryptoSlate report the same weekly Bitcoin and Ether ETF inflow totals but give conflicting figures for XRP and Solana ETF inflows over the same period. Cointribune EN and CryptoSlate report the same weekly Bitcoin and Ether ETF inflow totals but give conflicting figures for XRP and Solana ETF inflows over the same…

Crude markets pulled back amid uncertainty over forthcoming US sanctions guidance, according to a report from CryptoBriefing. Oil prices moved lower as traders awaited further details on US sanctions policy from Treasury Secretary Scott Bessent, according to a report from CryptoBriefing.

A weekly market roundup credits growing worry over US government debt for pushing bitcoin sharply higher. Bitcoin climbed 23% in a rally that outlets tracking weekly crypto news attributed to mounting anxiety over US government debt policy.

Fundstrat's Tom Lee highlighted the asset manager's inflows as a sign of resilient demand amid falling crypto prices. Bitwise has pulled in $1.8 billion in investor capital during a period marked by declining cryptocurrency prices, according to figures highlighted this week.