Finance and Business News page 61

crypto.news and CoinGape both report an Aug. 19 ultimatum to BitMart over reserves and unpaid wages, but they name the exchange's founder and his associate differently. crypto.news and CoinGape both report an Aug. 19 ultimatum to BitMart over reserves and unpaid wages, but they name the exchange's founder and his associate differently.

Spot Bitcoin ETFs shed capital for the week while Ethereum ETFs broke a five-week run of inflows. Spot Bitcoin exchange-traded funds bled $390 million in net outflows over the past week, marking a notable reversal from recent inflow trends. The figure was reported consistently across multiple crypto news outlets tracking fund flow data.

The charter clears a path for the firm's USD1 stablecoin to operate under federal oversight World Liberty Financial has obtained a conditional charter from the Office of the Comptroller of the Currency, according to reports from NFTevening and Forkast.

The enterprise-focused blockchain network's activity surge pushes cumulative transaction volume past a new milestone. XDC Network processed 27.7 million transactions in the past month, marking an all-time high for the platform. The figure was reported by CryptoBriefing and The Cryptonomist on August 17, 2026.

Founder says he will report employee claims to police as exchange winds down operations BitMart's exit from the crypto exchange business has taken a contentious turn. Employees have publicly alleged unpaid wages connected to the platform's shutdown process, according to reporting from Cryptopolitan.

The Austrian financial regulator's action marks the first publicly disclosed enforcement case under the EU's new crypto rulebook. Austria's financial market regulator has fined Bitpanda 70,000 euros, according to reports from Bitcoin.com News, Finance Magnates and Cointelegraph.

The bank's economists argue traders have gone too far in pricing additional Federal Reserve tightening. Goldman Sachs has pushed back against market expectations for additional Federal Reserve rate hikes, according to a report from CryptoBriefing. The bank's economists reportedly view current pricing for further tightening as overdone relative to the underlying economic backdrop.

The latest purchase continues a pattern of incremental Bitcoin accumulation by the company. Capital B has bought 5 more Bitcoin, according to reports from CryptoBriefing and crypto.news. The purchase lifts the company's total Bitcoin treasury to 3,145 BTC. Both outlets confirmed the same figure for the updated holdings.

Wealth manager questions Bitcoin's real-world utility and points to gold and an emerging AI shift instead. Ross Gerber, a prominent wealth manager, has raised fresh doubts about Bitcoin's role as a practical financial asset. He argued that gold is easier to use than Bitcoin in real-world transactions, according to a report from U.Today.

Thielen argues the math behind a seven-figure Bitcoin price within four years does not add up. Crypto analyst Markus Thielen has rejected the popular forecast that Bitcoin will hit $1 million by 2030. He described the target as mathematically impossible, according to a report from Cointelegraph.

The lawsuit adds Wisconsin to a growing list of states challenging event-contract platforms that let users trade on sports outcomes. Novig, a company that operates a prediction market offering contracts tied to sports outcomes, has sued Wisconsin's attorney general.

Overnight, the most corroborated development was Europe locking out 1,700 platforms, while the loudest trading-floor stories still rest on two outlets each. Overnight, the most corroborated development was Europe locking out 1,700 platforms, while the loudest trading-floor stories still rest on two outlets each.

Two outlets frame the coming days as a potential turning point for the two largest crypto assets by attention. Two financial news outlets, BeInCrypto and Yahoo Finance, each published articles on August 16 framing the current week as potentially the most important stretch of August for Bitcoin and XRP.

A small wager on a meme coin allegedly ballooned into a six-figure sum within a single trading session, reviving debate over risk and reward in speculative crypto markets. A trader has reportedly turned a $120 investment into more than $200,000 within hours, according to reports from Finbold and BeInCrypto.

Rising sovereign borrowing costs worldwide put Bitcoin in a macro environment it has never previously encountered. Bitcoin has spent its entire existence operating against a backdrop of historically low or falling government bond yields. That backdrop has now shifted.

The agency canceled a planned meeting on digital asset policy without prior warning, according to crypto.news and CoinDesk. The Securities and Exchange Commission scrapped a planned vote tied to crypto policy this week, according to reporting from crypto.news and CoinDesk.

Reports point to a widening gap between token prices and crypto-linked equities as traders reassess what actually drives value. Crypto investors are rethinking how they judge which projects and companies deserve capital. According to CoinDesk, the emphasis is shifting away from market-cap rankings and toward fundamentals such as revenue, usage, and business performance.

Enforcement of Europe's crypto rulebook has displaced roughly 10 million users, opening the door to fraud targeting the confused. The European Union's Markets in Crypto-Assets regulation, known as MiCA, was designed to bring order to a fragmented crypto market. Its enforcement phase is now producing an unintended side effect.