Finance and Business News page 47

Crude markets edge lower while traders wait for details on fresh Washington sanctions targeting Tehran. Oil prices slipped in recent trading as markets absorbed reports that the United States is preparing new economic pressure on Iran.

Research from the Federal Reserve links rising bitcoin prices to a broader wave of first-time crypto investors. The Federal Reserve has produced experimental research showing that bitcoin price increases attract new participants into the cryptocurrency market. The findings were reported by CoinDesk and CryptoSlate on August 24, 2026.

A report says the exchange's leader is offering cooperation in a fraud case tied to alleged political connections. The leader of Zondacrypto, a cryptocurrency exchange, is reportedly negotiating for reduced legal exposure in exchange for cooperation with authorities. The reported deal centers on testimony connected to a fraud case and alleged political ties.

Reports differ on whether a Treasury buyback triggered the rally or broader market attention drove the move. Bitcoin traded back above $79,000 on August 24, marking a notable recovery for the largest cryptocurrency by market value. The move drew attention from multiple corners of the crypto press, though the reported causes varied.

The Ethereum treasury company added to its holdings in its biggest single-week purchase in roughly seven weeks. Bitmine, the Ethereum-focused treasury company associated with Fundstrat co-founder Tom Lee, purchased approximately $81 million worth of ETH over the past week.

One market analyst projects sharp upside for Coinbase shares despite months of volatile trading in 2026. Coinbase's stock has moved unevenly through 2026, mirroring swings across the wider cryptocurrency market. Shares of the exchange have alternated between rallies and pullbacks, leaving the stock without a clear directional trend for much of the year.

The company's latest purchase puts it at roughly 97% of its previously announced Ethereum accumulation goal. BitMine's Ethereum holdings have reached approximately 5.85 million ETH, according to figures reported this week. The latest addition to its treasury brings the firm within striking distance of a self-stated accumulation target.

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.