Finance and Business News page 56

New filings show Bitcoin ETF holdings rose 8% even as the asset's price fell 14% during the quarter. Bitcoin's second-quarter price drop did not trigger a uniform retreat from institutional investors. Newly reported filings data shows a clear divide in how different classes of large holders responded to the decline.

Reports diverge on whether Hyperliquid's token is rejecting resistance or building momentum after a reported $23 million investment. HYPE, the token that powers the Hyperliquid derivatives exchange, has run into resistance near the $60 mark. One report said the token failed to clear that level, prompting speculation about large short positions in the market.

Former New York governor says market structure legislation 'has to pass' as other jurisdictions move faster on digital asset regulation Andrew Cuomo, the former governor of New York, has publicly urged Congress to pass the CLARITY Act.

A freeze order halts movement of crypto assets valued at roughly $58 million while a transfer disagreement is resolved A Singapore court has issued an order freezing cryptocurrency assets valued at S$75 million, or approximately $58 million, according to reports from crypto.news and Cryptopolitan.

Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary. Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary.

The prediction-market platform wants regulators to let it apply a trading structure born in crypto exchanges to traditional equities and metals. Kalshi has asked the Commodity Futures Trading Commission to approve a new kind of contract for stocks and copper. The filing borrows a structure long associated with cryptocurrency exchanges: perpetual futures.

SkyBridge Capital's founder frames the next halving cycle as the catalyst that could restore six-figure Bitcoin prices Anthony Scaramucci, founder of SkyBridge Capital, has said Bitcoin could return to prices above $100,000. He linked that outlook to the network's next scheduled halving in 2028, according to reports from CryptoPotato and Finbold.

The debt raise funds a prime brokerage expansion, yet traders show little reaction in XRP markets. Ripple's brokerage division has secured $275 million through a senior notes offering, according to reporting from CoinDesk and BeInCrypto.

The agency's plan offers token issuers two capital-raising paths and a safe harbor, including a $75 million exemption tier. The Securities and Exchange Commission has unveiled a proposed rule known as Regulation Crypto Assets. It is designed to create new exemptions for companies raising money through digital tokens.

The integration gives millions of Bitcoin.com wallet users access to a stablecoin regulated by the UAE's central bank. Bitcoin.com has added USDU to its wallet platform, giving its user base direct access to a stablecoin registered with the Central Bank of the United Arab Emirates.

Tenev says tokenizing real-world assets is the most practical route to modernizing US finance as Robinhood rolls out its own blockchain network Robinhood CEO Vlad Tenev has forecast what he calls a global tokenization supercycle, according to CryptoBriefing.

The state-backed stablecoin drops its prior cross-chain protocol in favor of Chainlink following an audit of its infrastructure. Wyoming has completed a migration of its state-issued Frontier Stable Token to Chainlink’s Cross-Chain Interoperability Protocol, known as CCIP. The change was reported by CryptoBriefing and crypto.news on August 18 and 19, 2026, respectively.

The asset manager attributes the crash to excess leverage, not a failure of Bitcoin's investment case. Bitcoin has lost half its value from recent peak levels, a decline severe enough to test the conviction of even its largest institutional backers.

The crypto market structure bill is stuck in what the executive calls 'August recess purgatory,' with midterm elections looming. The Solana Policy Institute's chief executive has offered a blunt assessment of the Clarity Act's prospects. He said the bill is sitting in what he called August recess purgatory.

The prediction market platform is asking regulators to greenlight perpetual contracts tied to the US500 index and copper prices. Kalshi has submitted a filing to the Commodity Futures Trading Commission seeking approval to list perpetual futures contracts.

Crypto derivative markets flagged a valuation four times Unitree's $9B IPO price, but the actual stock opening outran even that forecast. Unitree, a robotics company known for humanoid machines, priced its initial public offering at roughly $9 billion.

The joint petition seeks a formal regulatory framework covering derivatives tied to private company valuations before they go public. The Hyperliquid Policy Center and trade[XYZ] have petitioned the U.S. Securities and Exchange Commission to create a formal framework for pre-IPO perpetual contracts.

The US accounting standard-setter has outlined conditions under which certain stablecoins could be classified as cash equivalents on corporate balance sheets. The Financial Accounting Standards Board, the body that sets US Generally Accepted Accounting Principles, has proposed new guidance addressing how stablecoins should be classified on corporate financial statements.