Finance and Business News page 19

ARK Invest's founder says Wall Street analysts do not understand the stablecoin issuer's business model. Cathie Wood has kept buying Circle shares through a steep decline, according to reports from BeInCrypto and Yahoo Finance. The stock has dropped 42% from earlier levels this year.

Spot fund flows surged as institutional buyers returned and crypto prices climbed sharply. Spot Bitcoin and Ethereum exchange-traded funds pulled in their largest weekly inflows in ten months, according to reports from CryptoPotato and CryptoSlate.

The longtime gold advocate and Bitcoin critic argues that AI-driven technology, not regulation, may pose the bigger risk to the cryptocurrency. Peter Schiff, the well-known economist and gold advocate, has said artificial intelligence could become the biggest threat facing Bitcoin. The remarks were reported by Bitcoin.com News on August 23, 2026.

Bessent has criticized his predecessor's debt-issuance strategy while outlining plans to change how the Treasury manages the bond market. Treasury Secretary Scott Bessent has publicly criticized the debt-management strategy pursued by his predecessor at the department. According to a report from CryptoBriefing, Bessent is now targeting broader reforms to how the U.S. bond market functions.

The Wyoming senator says banking industry pressure is slowing the crypto market structure bill's path through Congress. Senator Cynthia Lummis has publicly accused banks of interfering with progress on the CLARITY Act, according to reports from CryptoBriefing and The Cryptonomist.

Payments software provider Volante has connected Ripple's technology to the Federal Reserve's instant payment rail, according to multiple reports. Volante Technologies has enabled XRP for use within FedNow, the Federal Reserve’s real-time payment system, according to reports published this week.

ZEC hits an eight-year price high after a reported surge, with a Grayscale exchange-traded fund set to debut on the NYSE. Zcash, the privacy-focused cryptocurrency known by its ticker ZEC, has posted one of its strongest rallies in years.

Inflows into XRP exchange-traded products reached $39.7 million as the token rebounded 47% from its 2026 low. XRP-linked exchange-traded funds posted their strongest weekly performance since May, according to data cited by multiple crypto outlets. The products drew a combined $39.7 million in net inflows over the period.

Researchers say belief-driven trading, not fundamentals, shapes much of retail crypto behavior The Federal Reserve Bank of Cleveland has published research examining what actually drives crypto investors to buy and sell. According to the findings, reported by Cointelegraph and CryptoBriefing, belief formation plays a central role in investor behavior.

The blockchain now accounts for 97% of tokenized equity trading volume, according to newly reported data. Solana's real-world asset ecosystem has reached a record $4 billion in total value, according to figures reported on August 23.

The Rich Dad Poor Dad author argues the buyback program mirrors past monetary easing and points to Bitcoin as a hedge. Robert Kiyosaki, the author of Rich Dad Poor Dad, has weighed in on the expansion of U.S. Treasury debt buybacks, calling the practice a form of quantitative easing.

XRP and TRUMP token trading drove the South Korean exchange to an $830 million hourly record. Upbit, South Korea's dominant cryptocurrency exchange, logged 1.15 trillion won in trading volume during a single hour on August 22. That figure converts to roughly $830 million at prevailing exchange rates.

Brad Garlinghouse points to a pivotal moment for American crypto regulation, according to two separate reports. Ripple CEO Brad Garlinghouse said the United States has never been closer to establishing clear rules for the crypto industry. The remarks were reported by U.Today and crypto.news on August 23, 2026.

Two three-publisher stories show money moving into regulated crypto products while the rules for holding it outside them are still being fought in court. Two three-publisher stories show money moving into regulated crypto products while the rules for holding it outside them are still being fought in court.

Lawmakers move digital asset market structure legislation toward a floor vote while the CFTC signals it may offer only limited regulatory relief in the meantime. The Senate has set September 15 as the floor vote date for the CLARITY Act, according to CryptoBriefing.

Reports point to growing institutional ownership in a fund tied to the Hyperliquid trading ecosystem, raising questions for retail investors. Institutional investors have been boosting their positions in Hyperliquid Strategies, according to reports from Yahoo Finance and CryptoBriefing.

The lawsuit argues the law's broker-collection mechanism could leave everyday users on the hook for monthly tax bills. A crypto industry council has taken Illinois to court over a newly enacted tax law targeting digital asset activity. The lawsuit challenges a 0.2% tax rate applied to crypto transactions within the state.

The pseudonymous blockchain investigator also named Canada as a leading source of crypto fraud activity ZachXBT, a pseudonymous investigator known for tracking crypto scams and hacks on-chain, is planning to launch a new website.