Finance and Business News page 39

The Coinbase chief executive pointed to a range of $300,000 to $400,000 as bitcoin's price climbed past $72,000. Coinbase CEO Brian Armstrong has offered a long-term price outlook for bitcoin, suggesting the asset could reach $400,000 by 2030.

Wall Street banks assess a fresh Bitcoin rally while longtime critic Peter Schiff dismisses the move as Treasury-fueled and unsustainable. Bitcoin's push past $72,000 has become the latest flashpoint in the debate over what is driving crypto markets higher. Major financial institutions and outspoken critics are offering competing explanations for the move.

CoinTurk News EN and Yahoo Finance report Ether ETF net inflows of $189.2 million on Aug 19, while NewsBTC reports $17.7 million for the same session. CoinTurk News EN and Yahoo Finance report Ether ETF net inflows of $189.2 million on Aug 19, while NewsBTC reports $17.7 million for the same session.

Crypto News Australia reports the securities regulator is preparing a broad rules initiative as Washington's approach to digital assets shifts. The U.S. Securities and Exchange Commission is preparing a major push on crypto rulemaking, according to a report from Crypto News Australia.

The asset manager can now let existing mutual funds hold blockchain-based tokenized securities alongside conventional holdings. Franklin Templeton has secured clearance from the SEC allowing its traditional funds to hold tokenized assets. The move gives the asset manager a regulatory greenlight to bring blockchain-based instruments into products that have historically held only conventional securities.

The social platform is said to be exploring USDC payouts for its content creator rewards program. X is reportedly exploring the use of stablecoins to pay content creators through its royalty and rewards program. CryptoPotato reported the talks on August 20, describing the plan as still under discussion rather than finalized.

FBI secures return of alleged scheme founder after roughly a year evading capture in the Pacific nation A man described by prosecutors as the mastermind behind a $165 million cryptocurrency fraud scheme has been deported from Fiji, according to reports citing the FBI.

The funding round included participation from 0G Foundation, according to reports from BeInCrypto and CryptoBriefing. NeoSoul has raised $11 million in a Pre-A funding round. The company said the capital will support its expansion in what it describes as the AI economy. Reports from BeInCrypto and CryptoBriefing confirmed the raise on August 20, 2026.

Intercontinental Exchange is reportedly considering a follow-on stake in the prediction market platform after its valuation surged past $20 billion. Intercontinental Exchange, best known as the operator of the New York Stock Exchange, is reportedly considering putting more money into Polymarket.

Treasury Secretary Scott Bessent has signaled additional government intervention after Bitcoin's mixed response to prior moves. Bitcoin's price behavior over the past period has revealed a split reaction to US government intervention in markets.

The three firms plan to bring institutional-style credit infrastructure to the XRP Ledger. Clearpool, Ripple and Cicada Credit have agreed to build a new lending platform on the XRP Ledger. The announcement was reported by CryptoBriefing and CoinGape on August 20, 2026.

Michael Selig says the agency will move on digital asset oversight even if Congress fails to pass market structure legislation. Commodity Futures Trading Commission Chairman Michael Selig said the agency intends to build out a crypto market structure framework whether or not Congress passes the CLARITY Act.

Reports of White House enthusiasm for the CLARITY Act coincided with a sharp bitcoin rally, though price forecasts on the legislation's impact vary widely. Bitcoin's price moved sharply higher this week, with multiple reports placing it above $72,000.

Four stories published today describe the same market events but give incompatible figures, and none of the underlying primary data is in front of us to settle which is right. Four stories published today describe the same market events but give incompatible figures, and none of the underlying primary data is in front of us…

The threat centers on Iran's oil trade and could draw China into a widening dispute with Washington. President Trump has issued a warning to nations that provide support to Iran, threatening what he described as severe economic consequences. The statement was reported by CryptoBriefing on Thursday morning.

The state-backed token will now rely on Chainlink's cross-chain infrastructure instead of LayerZero, according to two reports. Wyoming has switched the underlying interoperability provider for its state-backed stablecoin, FRNT, from LayerZero to Chainlink. The change was reported by AMBCrypto and CoinGape, both covering the shift on the same day.

The Senate Banking Committee chair says opposition led by Elizabeth Warren's team aims to push digital assets out of the U.S. Senator Tim Scott, chair of the Senate Banking Committee, has sharpened his criticism of Democratic lawmakers over the CLARITY Act.

Institutional demand for spot Bitcoin ETFs strengthens as fund flows accelerate over multiple sessions U.S. spot Bitcoin exchange-traded funds recorded $517 million in net inflows, according to reports from CoinTurk News, Coinfomania and UNLOCK Blockchain. BlackRock's iShares Bitcoin Trust led the group, drawing the largest share of the new capital.