Tag: AltcoinGordon

The token's record run has drawn fresh scrutiny of its tokenomics amid a broader push toward institutional crypto infrastructure. WBT, the native token of the Whitechain network, reached a new all-time high this week. The move comes as the broader W Group ecosystem continues to expand its infrastructure and platform offerings.

The proposed levy would sharply raise costs on cross-border auto and steel trade between the two countries. President Trump has laid out plans to raise tariffs on Canadian auto and steel imports to 50%, with the policy set to take effect January 1, 2027.

The vote will determine eligibility rules and key protocol decisions tied to the network's next major upgrade. Zcash developers have confirmed a timeline for a coinholder vote tied to the network's upcoming NU7 upgrade.

Nvidia is said to be discussing a stake in Perplexity AI at a valuation above $30 billion, echoing its broader strategy of backing AI startups it works with. Nvidia is reportedly discussing a potential investment in Perplexity AI, the artificial intelligence search startup, according to a report from CryptoBriefing.

Reports indicate Secretary Bessent's Treasury is weighing use of a large cash reserve for bond buybacks, according to CNBC. The U.S. Treasury Department, under Secretary Scott Bessent, has accumulated close to $950 billion in cash held at the Federal Reserve.

Reports diverge on whether the $2 billion figure reflects a buyback program or new share sales, but agree Strategy held off on bitcoin purchases. Strategy did not purchase bitcoin in its latest weekly disclosure, according to multiple reports published Monday.

Wall Street faces a pivotal week as Nvidia's results and a new voice at the Federal Reserve symposium meet a market already pulling back from AI trades. Wall Street enters the coming week with several catalysts converging at once.

The group is pressing US regulators to build a shared framework for perpetual futures tied to stocks. The Hyperliquid Policy Center has urged the SEC and CFTC to work together on a regulatory framework for equity perpetual futures.

The company is abandoning its Dogecoin treasury approach as it redirects capital toward artificial intelligence initiatives. CleanCore has ended its Dogecoin treasury strategy, selling its holdings for approximately $33 million. CryptoBriefing reported the sale figure at $33 million, while crypto.news put it at $33.4 million.

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.

Bullion prices rose to their strongest level in three months amid a softer US dollar and renewed global uncertainty. Gold prices touched their highest level in three months, according to a report from The National Business. The rally was attributed to a combination of a softer US dollar and escalating geopolitical uncertainty.

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.

Strive stock rose alongside Strategy and Bitmine after the executive pointed to a 'double breakout' in Bitcoin price action. The chief executive of Strive said Bitcoin's bear market is over. He pointed to what he described as a double breakout in the cryptocurrency's price behavior as evidence.

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.