Finance and Business News page 48

The widely watched sentiment gauge has moved firmly into greed territory, according to two separate reports. The Crypto Fear & Greed Index has jumped to 73, according to reporting from CryptoBriefing and Yahoo Finance. A reading at that level falls within the range typically labeled as greed.

The latest update to the bloc's crypto-asset service provider register shows German banks accounting for a growing share of authorized firms. Germany has widened its lead in the European Union's crypto-asset licensing regime after six banks were added to the bloc's MiCA register, according to reports from Cointelegraph and CryptoBriefing.

Strategy's chairman argues Bitcoin meets the investment standard wealthy allocators apply to scarce assets. Michael Saylor, chairman of Strategy and one of Bitcoin's most prominent corporate advocates, has offered new guidance on how everyday investors should approach the asset.

Bearish positioning persists among a small group of firms even as both assets post strong gains. Three trading firms have maintained short positions on Bitcoin and Ethereum even as both cryptocurrencies posted sharp price gains, according to reporting from Yahoo Finance and BeInCrypto.

Lawmakers are moving to fast-track comprehensive crypto legislation before the end of the year. South Korean lawmakers are pushing to accelerate the Digital Asset Framework Act, with a goal of passing the bill this fall. The legislation would expand the country's regulatory approach to digital assets beyond the narrower protections already in force.

Analysts point to record weekly ETF inflows as the main driver behind XRP's sharp rally. XRP has staged a dramatic weekly rally, with reported gains ranging from 47% to 50% depending on the measurement window and source. The move ranks among the token’s sharpest short-term advances in recent months.

The exchange is reportedly exploring restructuring options as a deadline to halt trading approaches. Cryptocurrency exchange BitMart is reportedly weighing a phased restart of its platform combined with a creditor payout plan, according to reports from crypto.news, TronWeekly, and Unchained.

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.