Finance and Business News page 37

Bitcoin.com News reports the cryptocurrency is defending the $77,000 level as traders eye a strong weekly close for August. Bitcoin traded around the $77,000 mark this week, according to a report published by Bitcoin.com News on August 21.

Coinbase CEO Brian Armstrong argues Washington cannot delay market structure rules much longer, ahead of a pending Senate vote. Coinbase CEO Brian Armstrong said crypto regulatory clarity in the United States is arriving one way or another, as the Senate prepares to vote on market structure legislation.

A user says the exchange closed their account without warning, leaving deposited funds inaccessible and questions unanswered. Crypto.com deleted a user's account while it still held funds, according to reports from BeInCrypto and Yahoo Finance. The exchange reportedly did not provide a reason for the action for several weeks afterward.

The fintech lender says its blockchain-based infrastructure is driving faster loan origination and processing. Figure Technologies has posted $4.3 billion in quarterly loan volume, according to reports from Yahoo Finance and CryptoBriefing. The company points to its blockchain-based infrastructure as a central driver of that growth.

The project aims to test blockchain rails for distributing US state benefit payments, with one report citing a 2027 target. Digital Asset has partnered with a foundation associated with former House Speaker Paul Ryan to pilot blockchain technology for distributing state benefit payments in the United States.

A sharp weekly surge pushed BTC above key moving averages and triggered widespread liquidations of short positions. Bitcoin surged approximately 20% over the past seven days, pushing the price to around $77,000. The move carried BTC decisively above key moving averages that traders use to gauge medium-term trend direction.

The bank now points to a possible retest of $126,000 before 2026 closes out. Standard Chartered is second-guessing a bitcoin price call it made earlier this year. The bank had set a year-end target of $100,000 for the largest cryptocurrency. Now it says that figure might undersell where bitcoin could actually land by December.

Four reports published this period give two irreconcilable versions of the same fact, and the gap between them is the story. Four reports published this period give two irreconcilable versions of the same fact, and the gap between them is the story.

Large holders accumulated hundreds of millions of XRP as the token snapped a months-long slide. XRP has pushed through a downtrend that had weighed on the token for months, according to reports from Invezz and crypto.news. Both outlets pointed to renewed buying interest as the catalyst behind the shift in momentum.

Fund flow trackers reported a sharp jump in ETH purchases through U.S. spot exchange-traded funds this week. Spot Ethereum exchange-traded funds absorbed a large single-day wave of buying this week, marking the strongest daily inflow the category has seen in ten months.

The Nomura-affiliated digital asset firm becomes the first company in four years to clear Japan's crypto approval process, according to CoinDesk. Laser Digital has received approval to provide crypto asset services in Japan, according to reports from CryptoBriefing and CoinDesk.

A new survey ties public disapproval to reported crypto gains of roughly $1.4 billion tied to the Trump family. A majority of Americans view President Trump's crypto-related earnings as inappropriate, according to a new Reuters poll.

The proposal, published in the Federal Register, marks a formal step toward a dedicated U.S. rulebook for digital assets. The chairman of the U.S. Securities and Exchange Commission has announced a proposed rule titled Regulation Crypto Assets.

Brad Garlinghouse links artificial intelligence adoption to broader US economic momentum even as crypto markets slide. Ripple CEO Brad Garlinghouse has credited artificial intelligence with helping the United States economy grow, according to a report from U.Today. He connected the technology's rapid adoption to wider gains across American industry.

crypto.news and Cryptopolitan both report a Hong Kong Court of Appeal ruling upholding a 56-month sentence tied to human trafficking and USDT ransom laundering, but they name the defendant differently. crypto.news and Cryptopolitan both report a Hong Kong Court of Appeal ruling upholding a 56-month sentence tied to human trafficking and USDT ransom laundering…

The filing shows liabilities roughly 50 times greater than the company's reported assets. Poolin, once one of the larger mining pools in the crypto industry, has filed for bankruptcy protection in New Jersey. The filing was reported by crypto.news on August 21, 2026.

Budapest scraps criminal penalties of up to eight years for unlicensed crypto activity as it moves toward the bloc's common standard. Hungary has repealed a national crypto law that carried some of the harshest penalties in the European Union.

New guidance clarifies the U.S. Strategic Bitcoin Reserve holds seized coins rather than buying on the open market. The U.S. Strategic Bitcoin Reserve is drawing fresh scrutiny over what it actually does. According to reporting from Cryptonews.com and The Cryptonomist, the reserve's rules define it as a custodial holding structure.