Crypto World
Barrick Gold Falls, Newmont Rises As Miners Agree On IPO
Barrick Mining (B) and Newmont (NEM) reached an agreement that may clear the way for Barrick’s IPO of its North American gold assets to unlock their full value. While the agreement resolves opposition from Newmont, with which Barrick has a Nevada Gold Mines joint venture, Bloomberg reported on Sunday that some major Barrick shareholders disapprove of the IPO plan. While…
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The LINK token may see a 25-fold increase to $200 by the end of 2030, as the growing real world asset market increases demand for the industry’s largest oracle services provider, according to Standard Chartered.
The Chainlink (LINK) token may see an more than 25-fold increase by the end of the decade, as tokenized real world assets (RWA) will reach $4 trillion by the end of 2028, according to a forecast by Geoff Kendrick, the global head of digital asset research at Standard Chartered.
Kendrick said that the growth in tokenized assets will require more external data to come securely onchain, which may increase Chainlink’s fee generation and push its LINK token to $200 by the end of 2030, up from $8 today, according to a Monday report shared with Cointelegraph.
The report also forecast a 37-fold rise in tokenized and crypto-native assets deployed in decentralized finance, pushing these assets to $2.7 trillion by the end of 2030. Kendrick said these assets will require trusted data, interoperability between networks, privacy-preserving compliance and integrations with existing financial systems, which “only Chainlink is currently equipped to provide.”
The report follows growing demand for tokenized assets. Tokenized RWA trading on decentralized exchanges (DEXs) reached a new all-time high of $141 billion in July, marking a 19.5% monthly rise largely driven by public equities, according to data provider CryptoRank.
Chainlink is the blockchain industry’s leading decentralized oracle provider for crosschain communication, with $34.4 billion in total value secured. Chronicle ranks second with $7.36 billion, according to data aggregator DefiLlama.
Standard Chartered’s Kendrick said that potential risks to its Chainlink price forecast include slower-than-expected institutional tokenization initiatives, competition from specialist oracle providers and potential technical setbacks.
Magazine: What NYSE’s exploration of onchain systems means for financial markets
BTC USD is trading at $64,950, up a modest +0.2% on the day, after briefly punching through $65,400 in early August 10 trading. That’s not a breakout yet, as it’s already lost the $65,000 level. The bigger question is whether Wednesday’s inflation print turns this into a real move or sends BTC back toward the low $64,000s. As things stand, Bitcoin is holding steady above $64K and until $64,500 is lost, there is no real reason to panic.
The setup is straightforward on paper, messier underneath. Friday’s payroll data showed the US economy shed 23,000 nonfarm jobs in July, with unemployment holding at 4.1% and a combined 103,000 jobs erased from May and June revisions, according to the Bureau of Labor Statistics.
Weak hiring cooled expectations for further Fed tightening, and BTC gained nearly 2% on the initial reaction. That move has held for three sessions now, but $65,000 hasn’t converted into firm support; it’s still a coin flip level.
Institutional flows are backing the bid. CoinGlass clocked $854M in net spot ETF inflows from Aug. 3–7, with BlackRock’s IBIT pulling in roughly $694M of that. Farside’s daily figures over the same window total closer to $865M, a minor discrepancy but not one that changes the direction of travel. The next macro catalyst lands Wednesday at 8:30 a.m. ET, when the July CPI report either confirms the disinflation narrative or forces traders to reprice rate-cut odds.
Can BTC USD Price Hit $66,300 This Week if $64K Holds?
— CoinMarginalX (@CoinMarginalX) August 9, 2026
THIS WEEK: Bitcoin topped $65,000 after a shockingly weak July jobs report (-23,000 jobs) slashed September Fed rate-hike odds to 40%.
Next test: the July CPI print drops Aug. 12.
A cool number locks in the dovish shift. A hot one could revive hike bets before the Sept.… pic.twitter.com/2aP2txERZi
BTC’s current range sits between support near $64,700–$64,800 and resistance stacked at $65,300–$66,300. Coinlore places the intraday band at $63,790–$66,325, with $65,469 as first resistance, then $67,081, then a stretch target near $78,085 if momentum actually builds.
TradingView notes BTC has been range-bound for roughly two months, with the monthly open sitting near $62,700, a reminder that this “recovery” is still inside a broader sideways channel, not a new trend.
Bull case: A soft CPI print extends the payroll-driven rally, ETF inflows continue, and BTC clears $65,469 to test $67,000.
Base case: CPI comes in mixed, BTC oscillates $64,000–$66,000 into next week.
Bear case: Hot inflation data revives rate-hike chatter; three Fed officials already favored a hike in July, per the Fed’s own statement, and BTC slips back under $64,700. For longer-range targets, see this 2026 Bitcoin forecast breakdown.
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Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels
A $65,000 BTC USD holding steady on ETF demand is bullish confirmation for anyone already positioned. But at a $1.3 trillion-plus market cap, a move to $67,000 is a 3% gain, not the kind of asymmetric return that rebuilds a portfolio.
That math is exactly why traders keep rotating capital into Bitcoin’s own infrastructure layer while the base asset consolidates. Some are also weighing near-term technical setups covered in this breakout-level analysis.
Bitcoin Hyper ($HYPER) is billing itself as the first Bitcoin Layer 2 with native SVM integration, smart contracts running faster than Solana itself, and settlement under Bitcoin-grade security.
The presale has raised $33,018,140.08 at a current token price of $0.0136844, with staking APY on offer (rate undisclosed, but live).
Core features include a Decentralized Canonical Bridge for BTC transfers and low-latency L2 execution designed to fix Bitcoin’s two oldest problems: fees and programmability.
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The post BTC USD Price Prediction: Can Bitcoin Hold $64,000 Before Wednesday’s CPI Data Drop? appeared first on Cryptonews.
SpaceX rivals Rocket Lab and AST SpaceMobile will both report earnings after the close on Monday. On Monday morning, Rocket Lab (RKLB) stock rose as much as 3% before paring gains, while AST SpaceMobile (ASTS) fell 2%, according to MarketSurge. Both stocks hit historic highs earlier in Q2, as the broader space industry experienced sectorwide excitement in the lead up to…
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Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.
The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC).
Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends.
The transaction marked Strategy’s fourth disclosed Bitcoin sale of 2026, bringing its total Bitcoin sales for the year to 6,948 BTC, while the company still holds 840,447 BTC purchased for an aggregate $63.36 billion.
Bitcoin becomes part of the funding engine
Strategy sold the latest batch at an average net price of $64,262 per Bitcoin, while its total holdings carry an average purchase price of $75,385 per BTC, including fees and expenses.
Strategy’s prior disclosed sale involved 1,638 BTC for $104.73 million between July 27 and Aug. 2, when it also used Bitcoin sale proceeds to fund STRC repurchases.
Source: SEC
The latest filing shows that Strategy has $785.2 million remaining under its digital credit securities repurchase program, which covers its preferred stock, while another $1 billion remains available under its Class A common-stock repurchase program.
$4.65 billion reserve cushions preferred dividends
Strategy also continued building its US dollar reserve, reporting a balance of $4.65 billion as of Sunday, up from roughly $4 billion in the previous weekly update.
The company said $650 million of the $653.1 million in net proceeds from recent MSTR stock sales went toward the reserve, while the latest figure also includes expected proceeds from at-the-market (ATM) sales that had not yet settled.
Source: SEC
STRC shares have also rallied during Strategy’s recent buybacks, retaking $90 on Aug. 3 after rebounding 24% from their June lows.
STRC was up 0.46% at $95.45 in premarket trading Monday after closing Friday at $95, while MSTR gained 0.25% to $100.26, according to Yahoo Finance.
Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?
Crypto asset manager Grayscale Investments has dropped plans for exchange-traded funds tied to Cardano’s ADA, Polkadot’s DOT and Hedera’s HBAR, withdrawing three registration statements from the U.S. Securities and Exchange Commission (SEC) late Friday.
Through three separate requests with the regulator, Grayscale told the SEC it “does not intend to proceed with the planned distribution” of the shares of each trust.
The withdrawals were initiated by Grayscale and weren’t SEC rejections.
Grayscale’s initial Cardano ETF proposal came in February 2025, and its Polkadot filing later that month. Grayscale filed the corresponding ADA and DOT registration statements on Aug. 29, followed by its HBAR registration on Sept. 9.
The proposed funds were designed as passive vehicles that would track the value of their respective tokens after fees and expenses. Grayscale said it had not sold securities or distributed preliminary prospectuses under the registrations.
All three tokens have been losing value over the last few months. Year-to-date, ADA is down more than 41%, while DOT lost 54% of its value and Hedera’s HBAR lost 35%.
Since late February 2025, when the filings came in, performance has been worse. ADA endured a 70% drawdown, while DOT saw an 80% downward move. HBAR also dropped more than 70%.
Bitmine Immersion (BMNR), the largest Ethereum treasury firm, bought another 7,391 ether last week.
The purchase, worth roughly $14.2 million at ether’s price as of writing of $1,915, lifted the company’s holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply.
The latest haul, which extends Bitmine’s ETH buying streak to 58 weeks, was the smallest weekly purchase through the year and remains a fraction of the 100,000-plus weekly acquisitions Bitmine made earlier this year.
Thomas Lee, chairman of Bitmine, noted earlier this year that the firm would slow the pace of crypto accumulation as it gets closer to its goal of owning 5% of ether’s supply.
Instead, the company has shifted towards buying back shares. It repurchased another 3 million shares last week, which would have cost roughly $50 million to $58 million based on the stock’s trading range during the period. Since July, the firm has bought back 19.1 million of its own shares.
Bitmine also holds 209 BTC, $104 million in cash and marketable securities and stakes in Beast Industries and Eightco Holdings.
Bitmine shares traded flat neat $18.80 in pre-market trading.
Clarity delay
Lee focused on the macro backdrop despite another setback for U.S. crypto legislation, with the CLARITY Act failing to secure a Senate vote before the August recess.
Vertex stock surged Monday after its competitor, Sionna Therapeutics (SION), missed the mark for its highly anticipated cystic fibrosis treatment. Sionna’s drug, SION-719, lowered sweat chloride by 1 millimole per liter, on average and compared to a placebo, when added to Vertex Pharmaceuticals’ (VRTX) Trikafta. Measuring chloride, or salt, in sweat is the gold standard for diagnosing cystic fibrosis, a…
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[PRESS RELEASE – Road Town, British Virgin Islands, August 10th, 2026]
Deposits Are Open for hBTC, the Vault Token for Hilbert Group’s BTC Basis+ Strategy
Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group.
Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed.
BTC Basis+ is a Bitcoin basis strategy: it holds Bitcoin exposure and captures the funding spread between spot and futures markets, with returns denominated in Bitcoin terms. Participants deposit cbBTC through the Syntetika platform in a permissionless way. Deposits are queued and subscribed into the fund at the next processing cycle, with hBTC minted at an attested NAV. Redemptions follow the same cycle.
Syntetika launches with partners Tulipa Capital on strategy curation, Ember Protocol on vault infrastructure, and Yield Network as Liquidity Syndication Partner. The platform launches on Base. Reserves behind its tokens will also become checkable by anyone through Chainlink Proof of Reserve.
“Today Syntetika opens its doors with BTC Basis+,” said Jorge Cuartero, CEO of Syntetika. “What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap.”
BTC Basis+ is open for deposits now at syntetika.io
About Syntetika
Syntetika is a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody and third-party NAV attestation, and is accessed onchain through a vault token issued and redeemed at that attested NAV.
The post Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain appeared first on CryptoPotato.
The extra yield exists only if traders actually swap through those pools, which means Jupiter not only runs Solana’s largest swap router, the software most wallets and apps use to find the best price across venues, but it also owns pools that need that flow to arrive.
The company told CoinDesk the router does not favor its own vaults and sends swaps wherever the price is best.
The risk of pairing assets falls unevenly, however. Jupiter said margin is valued using primary market oracles, or data providers, so a temporary price wobble on an exchange does not trigger anything, and a position liquidates as normal once its loan-to-value ratio passes the threshold.
A genuine depeg is different. On the debt side the borrower is protected — someone borrowing $100 split between USDC and USDT would see the pool rebalance into whichever asset held its value and still owe $100. On the collateral side there is no such protection, and a supplier carries the loss on both assets if either breaks.
That is why the design is confined to correlated pairs, stablecoins against each other and SOL against its staked versions, rather than volatile assets.
“There’s been a wall between the two primary ways people earn APY onchain, lending and LPing,” said Kash Dhanda, Jupiter’s chief operating officer, referring to lending and supplying liquidity to exchanges.
Grayscale’s XRP Trust ETF sold 103.41 million XRP worth $180.78M during the first half of 2026, reducing its holdings from 122.23 million tokens at the end of 2025 to 55.04 million by June 30, according to a Ripple SEC filing, marking a worrying drop in institutional adoption for the digital asset.
This news dropped as XRP USD trades for $1.02, dangerously close to losing its key support at $1 following a -0.2% drop overnight. Daily trading volume is sitting at $732M, up from $670M yesterday.
CoinGlass data shows that XRP ETF net inflows total $1.42Bn since they went live in November 2024, a healthy number that puts into perspective the size of Grayscale’s ETF selloff.
The Mechanics Behind the Contraction
The value of the trust’s XRP holdings fell from $223.36M at the end of 2025 to $57.41M on June 30, according to the SEC filing. Grayscale recorded a $34.16M realized loss on XRP sold for share redemptions, along with a $17.47 million unrealized loss on its remaining XRP position.
The trust created an additional 36.27M XRP valued at $66.58M during the six-month period, but those additions did not offset the redemptions. Outstanding shares declined from 6.30 million at the end of 2025 to 2.84 million by June 30.
The trust bought back 5.33 million shares and sold 1.87 million shares during that period. It also recorded a $39,000 realized loss on XRP sold to cover expenses.
Authorized participants are responsible for creating and redeeming shares in the trust. The filing also attributes the reduction in XRP holdings per share to periodic XRP withdrawals used to meet the sponsor’s fee.
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XRP Price and Fund Flows
XRP declined from $1.84 on Jan. 1 to $1.05 on June 30, a drop of more than 40%. The token traded between $1.015 and $1.041 on Aug. 7, placing it near the bottom of its 52-week range of $1.0095 to $3.3818.
Weekly inflows into XRP exchange-traded funds dropped to about $1M from $14.9M the previous week, although daily flows rebounded to roughly $3.5M on Aug. 6, according to CoinGlass data. XRP was down roughly 10% over the prior month and about 5.5% over the seven days through Friday.
The US Senate delayed consideration of the crypto market-structure legislation known as the CLARITY Act until at least September. Regulatory developments, institutional demand, and Ripple’s XRP holdings are among the factors that can influence XRP’s price.
Ripple released 1 billion XRP from escrow on Aug. 1 as part of its scheduled monthly unlock. The company has historically returned a substantial portion of its monthly releases to escrow rather than putting all of the tokens into circulation.
What the Ripple SEC Filing Establishes
The filing documents sales of XRP for share redemptions and for expenses, as well as changes in the trust’s XRP holdings and share count. Redemptions may require token sales to meet investor withdrawals, while authorized participants handle share creation and redemption.
The trust’s XRP holdings fell by more than half between the end of 2025 and June 30, while the value of those holdings declined from $223.36M to $57.41M. The filing also shows that XRP creations during the period were smaller than the XRP sold for redemptions.
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The post XRP Trust Shares and Holdings Plunge in First-Half Filing appeared first on Cryptonews.
Why is Uber stock rallying today?
Tokenized RWA Surge to $4T May Push LINK to $200 by End 2030: Standard Chartered
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