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Latin Americans are Moving Into Digital Dollars. Are Their Funds Safe?

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Latin Americans are Moving Into Digital Dollars. Are Their Funds Safe?

An Argentine who kept the equivalent of $10,000 in peso cash from 2016 to 2026 ended the decade with about $114 in US-dollar value.

That nearly 99% loss explains why the dollar has entered everyday financial life across Latin America. Workers receive salaries in stablecoins, while businesses use digital dollars to collect revenue and pay foreign suppliers.

The Exodus Economy, a new report from BeInCrypto Intelligence, describes this as bottom-up dollarization. People remain at home while more of their financial activity moves beyond domestic banks. The protection behind those dollar balances varies widely.

Why Locals are Moving Money Out of LATAM. Source: BeInCrypto Intelligence

The Dollar Has Become Working Money

More than 99% of tracked stablecoin withdrawal volume moved onward within 30 days. On Argentine wallet Lemon, the median withdrawal ranged from $150 to $270 during the first half of 2026. The average was $544 across 215,597 transfers.

Separately, Bitso’s tracked stablecoin corridor was running at an annualized $31.5 billion in 2026. The figure measures gross, bidirectional movement rather than money permanently leaving the region.

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The activity looks more like a payment network than a savings vault. The money arrives, then moves toward spending or operating costs.

Antônia Souza, Visa’s digital-currency director for Latin America and the Caribbean, said institutions still account for the largest flows.

“The huge numbers that we are seeing on stablecoins are from institutional transactions and cross-border transactions, mainly B2B transactions.”

A Dollar Balance Can Hide Different Risks

BeInCrypto audited 12 dollar-account products available to Latin American customers. Only two placed customer balances in insured US bank deposits. Five used stablecoins.

The dollar label reveals little about the protection underneath it. A balance could represent an insured deposit, a stablecoin claim or an investment product.

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Reza Bundy, CEO of Atlas Capital Team, says savers must separate currency protection from wealth preservation.

“For a Latin American saver, nominal dollar exposure and preservation of real purchasing power are separate questions,” Bundy told BeInCrypto. “A stablecoin, bank deposit, Treasury bond and US equity can all be denominated in dollars while carrying very different risks.”

Holding dollars can protect against local-currency depreciation. US inflation can still reduce what those dollars buy. Stablecoins can add issuer, platform and custody risks.

Moving Into Treasuries Creates Another Decision

Some savers move beyond digital cash and buy US government bonds. The maturity of the bond can materially change the outcome.

“Long-duration Treasuries are particularly sensitive to changes in inflation expectations, interest rates and the term premium,” Bundy said. “When yields rise, the market value of a long bond can decline substantially, even though the US government continues making its payments.”

A saver holding the bond to maturity may receive the promised payments. Someone selling earlier could take a loss because bond prices generally fall when rates rise.

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Bundy also warns that cap-weighted US technology indices concentrate money in a small group of companies. He favors shorter-duration bonds and assets that respond differently to inflation, while acknowledging that each introduces new risks.

Bottom-up dollarization gives Latin Americans access to a currency that can hold its value better than a weakening local currency. What they hold after making that switch determines the legal protection, liquidity and purchasing power they receive.

Download The Exodus Economy for the complete on-chain analysis and audit of Latin America’s dollar-account products.

Disclosure

Bundy leads Atlas Capital Team, adviser to the Atlas America Fund, and Atlas AI Labs, the planned issuer of USAFi. Atlas has commercial interests connected to asset classes discussed above. USAF is an ETF and may lose value. USAFi remains pre-launch and requires a full VARA licence before issuance. His comments are general market views, not investment advice. The USAF prospectus lists its fees and risks.

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S&P 500 Stocks With This Number Of Letters In Their Symbols Do Best

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Jumbled up scrabble letters, Learning, Inspired

Many S&P 500 investors don’t pay much attention to the number of letters in their stocks’ symbols. But maybe they should. S&P 500 stocks with four-letter ticker symbols are trouncing those of all other lengths this year, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence. They’re up an average of 21.8% this year. That tops…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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How Will BTC React as US and Iran Reportedly Extend Ceasefire?

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Citing a report by Al Arabiya, The Kobeissi Letter noted minutes ago that the United States and Iran have agreed to extend the 60-day ceasefire in a deal brokered by Pakistan.

Although there’s no official confirmation by either side, the timing is quite peculiar since the previous ceasefire’s deadline expires today.

Previous reports indicated that US President Donald Trump had established a “backchannel” in place with officials of Iran’s Revolutionary Guard.

According to Axios, the Trump administration bypassed Iran’s negotiators and reached out directly to the country’s leadership, tapping Nechirvan Barzani, the president of the Kurdistan region in Iraq. The report claimed that Barzani had the trust of both the US and Iranian leaders.

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Trump has reportedly said that Iran should raise the “white flag of surrender” and has reiterated his core demand on a few occasions that the country must not have a nuclear weapon.

Separately, the POTUS has warned Oman against interfering with US actions, as the Omani government reportedly tried to negotiate a deal for the reopening of the Strait of Hormuz.

Major war developments like the one cited above have historically impacted Bitcoin’s price. Now, though, the asset remains calm at $63,500 after jumping by $500 earlier today. However, more volatility is expected once these reports are confirmed or denied by both concerned parties.

The post How Will BTC React as US and Iran Reportedly Extend Ceasefire? appeared first on CryptoPotato.

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Pi Network defends $0.0839 support following latest Node upgrade

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Pi Network defends $0.0839 support following latest Node upgrade

Key takeaways

  • Pi Network edges higher on Monday as buyers defend the $0.0839 support level following two consecutive daily declines.
  • The Pi Core Team released Node version 0.6.2 after successfully testing distributed computing capabilities across the network.
  • A break below $0.0786 could invalidate the recent channel breakout, while a recovery above $0.1000 could strengthen the bullish outlook.

Pi Network (PI) edges higher on Monday as buyers attempt to defend the key $0.0839 support level following two consecutive days of losses.

The mild recovery comes after the Pi Core Team released a new Node upgrade focused on advancing the network’s distributed computing capabilities. However, PI’s technical outlook remains mixed, with weak derivatives activity and indecisive momentum limiting confidence in a sustained rebound.

Weak market sentiment weighs on Pi Network

Pi Network remains a highly speculative cryptocurrency whose price is heavily influenced by broader market conditions, retail demand and the strength of its community.

CoinMarketCap’s Crypto Fear and Greed Index stands at 38 on Monday, reflecting cautious sentiment and reduced risk appetite among investors.

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Renewed geopolitical tensions involving Israel, Lebanon, the United States and Iran have contributed to uncertainty across risk assets. This defensive environment could make it more difficult for speculative tokens such as PI to attract fresh capital.

The Pi Network community continues to anticipate further ecosystem development around its reported base of 18 million Know Your Customer-verified users.

The Pi Core Team released version 0.6.2 of its Node software on Saturday. The upgrade follows a successful test of distributed computing capabilities across Pi Nodes and could provide a foundation for additional network utilities.

Expanding the role of individual Nodes beyond transaction validation could strengthen the network’s functionality and provide new use cases for participants. However, the upgrade’s long-term impact will depend on whether developers introduce applications that generate sustainable user demand.

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Social activity showed a modest increase following the announcement. Santiment data indicates that Pi Network’s Social Dominance rose to 0.01% on Sunday from 0.009% on Saturday. Social Volume also increased to 12 from 8 over the same period.

The figures suggest that the Node upgrade generated slightly more discussion, although overall social engagement remains limited.

Pi Network’s derivatives market continues to show reduced trader participation. According to CoinAnk, PI futures Open Interest declined to $8.81 million from $9.12 million on Friday.

Open Interest measures the notional value of outstanding derivatives contracts. A decline generally indicates that traders are closing leveraged positions or reducing their exposure.

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The continued reduction in PI futures Open Interest suggests that speculative interest is weakening despite the latest technical upgrade and Monday’s mild price recovery.

Pi Network struggles to extend falling-channel breakout

Pi Network maintains a bearish short-term bias as its price consolidates below $0.0900.

PI previously broke above a falling-channel pattern on the daily chart, creating the possibility of a bullish reversal. However, the token has failed to produce meaningful upside follow-through, reflecting weak buying demand.

At the time of writing, buyers are defending the 78.6% Fibonacci retracement level at $0.0839. The retracement is measured from the recent decline between $0.1341 and $0.0703.

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A sustained break below $0.0839 could expose the former channel resistance trendline near $0.0786. A decisive daily close below this level would weaken the bullish breakout structure and raise the risk of deeper losses.

Pi Network’s daily momentum indicators provide little evidence of a strong recovery. The Moving Average Convergence Divergence indicator remains only marginally above its signal line and is at risk of forming a bearish crossover. Such a move would indicate that downside momentum is beginning to strengthen.

The Relative Strength Index stands at 45, below its neutral midpoint of 50. This reading reflects modest bearish pressure but remains consistent with range-bound trading rather than an oversold market.

PI/USD 4H Chart

On the upside, the psychological threshold at $0.1000 represents the first major resistance level.

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This area is reinforced by the 50% Fibonacci retracement at $0.1022, creating a meaningful supply zone where sellers could limit any recovery.

A decisive breakout above $0.1022 would strengthen PI’s recovery prospects and could open the way toward the 23.6% Fibonacci retracement at $0.1190.

Until PI generates stronger buying demand and derivatives participation begins to recover, its near-term outlook is likely to remain cautious.

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COCA Adds Cross-Chain Stablecoin Deposits Through Aurora Intents

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COCA Adds Cross-Chain Stablecoin Deposits Through Aurora Intents

Stablecoins can move across many blockchains, but each network still introduces its own transfer requirements. A USDC balance on Solana and the same asset on Ethereum may look identical to a user while travelling through different systems.

COCA has integrated Aurora Intents to reduce this complexity inside its self-custodial banking app. The update allows users to deposit supported stablecoins from more than a dozen networks through reusable addresses, while cross-chain execution happens behind the interface.

The same integration also brings $COCA trading into the app, giving users a way to buy or sell the token using their existing USD balance.

COCA Expands Stablecoin Deposit Support

COCA now accepts USDC across networks including Ethereum, Arbitrum, Base, Solana, Polygon, Optimism, Avalanche, Sui and Stellar. USDT support includes Ethereum, Tron, Solana, Polygon, Optimism, Avalanche and TON, alongside several other networks.

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Aurora Intents handles the required cross-chain execution before funds appear inside COCA. The process reduces manual bridging and extra transfers between wallets or exchanges.

Crypto users often need to match the token with the correct network before sending funds. The same stablecoin can exist across several blockchains, creating an extra decision at the point of transfer.

“They want their money to arrive safely and be ready to use,” Aurora Labs CEO Declan Hannon said in the announcement, describing how users approach account funding.

COCA CEO Vasili Paulau made a similar point, saying users care about access to their money rather than the blockchain carrying it.

Cross-Chain Execution

Aurora Intents is built on NEAR Intents, a multichain transaction system based on requested outcomes.

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A user or application states the intended result, while independent solvers compete to complete the transaction. Once a quote is accepted, settlement is handled through NEAR.

Inside COCA, this model applies to account funding. Users choose the asset and destination, while the required routing happens within the product.

The integration gives intent-based execution a consumer banking use case. Cross-chain systems have often focused on swaps and liquidity access, while COCA is applying the same model to deposits used before spending, saving or transferring funds.

COCA combines self-custody with a Visa card, EUR IBAN and yield on eligible balances. The company says the app is available across more than 75 countries.

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$COCA Trading Moves Into the App

The update also changes how users acquire $COCA, the token used within COCA’s loyalty program.

Users previously acquired $COCA through external exchanges such as MEXC or BitMart before transferring tokens into the COCA app. In-app trading now allows users to buy or sell $COCA using their existing USD balance.

External wallet transfers remain available, giving users another route for receiving the token.

Bringing $COCA trading into the app links token access more closely with COCA’s membership system, where holdings can affect cashback tiers, APY limits and other benefits.

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The change also removes several steps from a process which previously required users to leave the app, create or access an exchange account, complete a trade and send tokens back to COCA.

Chain Abstraction Reaches Consumer Finance

COCA’s Aurora Intents integration shows how consumer-facing crypto products can absorb more blockchain complexity within the app itself, reducing the amount of network knowledge required when users fund an account.

Users may care primarily about the asset, amount and destination, while intent-based execution handles routing across the relevant networks in the background. With stablecoins spreading across more blockchains, this approach gives consumer apps a way to manage cross-chain deposits while keeping the experience closer to familiar digital banking.

The post COCA Adds Cross-Chain Stablecoin Deposits Through Aurora Intents appeared first on BeInCrypto.

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GBP/NZD: Political Noise Meets a Hawkish Kiwi at a Critical Apex

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GBP/NZD: Political Noise Meets a Hawkish Kiwi at a Critical Apex

Sterling enters this week on a mixed footing. Last month’s Bank of England decision struck a notably hawkish tone, with the vote split 6-3 in favor of holding rates, three members pushed for a hike, a signal the Bank remains genuinely worried about inflation as Middle East-driven energy costs work through the economy. Yet political uncertainty continues to simmer following Keir Starmer’s unexpected June resignation, leaving fiscal credibility, and by extension sterling, more sensitive than usual to how Labour manages the transition.

The kiwi, meanwhile, is being propped up almost entirely by rate expectations. Markets currently price an 88% probability of an RBNZ hike in September, even after New Zealand’s unemployment rate climbed to a decade-high 5.6%. UBS argues the labor data isn’t as bearish as it looks, since the rise was driven mainly by more people entering the workforce rather than layoffs, keeping the central bank’s tightening path intact. Softer inflation expectations and a weaker July manufacturing PMI, however, have started to inject some doubt into just how far the RBNZ can realistically go.

The result: a pound navigating political noise against a kiwi riding hawkish rate bets that may be more fragile than markets currently assume.

Technical Analysis of GBP/NZD

As GBP/NZD chart shows, the pair has been compressing into a broad symmetrical triangle since early June, with a descending trendline from July’s highs near 2.3550 converging with an ascending trendline off June’s lows, both meeting right around current price near 2.2900-2.2980, where the 100-period EMA also sits. This confluence, together with the well-established 2.2900-2.3100 support and resistance zone, marks a decisive juncture for the pair.

Bullish Scenario

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Should buyers defend the ascending trendline and reclaim the 100-period EMA, the path would open toward the 2.3100 resistance, the upper boundary of the recent range. A confirmed break above this zone, and the descending trendline itself, would signal a genuine shift in momentum, opening the door toward a retest of the July highs near 2.3550.

Bearish Scenario

Conversely, a break below the ascending trendline and the 2.2900 support would expose the broader downtrend that has dominated since early July, with price risking a slide back toward the 2.2800 area and beyond, as the months-long descending structure reasserts itself.

With price coiled right at the apex of this triangle, sitting exactly on the 100-period EMA, GBP/NZD looks primed for a decisive move—will sterling’s political noise finally give way to the kiwi’s rate story, or does this range hold just a little longer?

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Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares

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After a couple of sales announced in August, Michael Saylor’s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million.

As such, its total stash remains at 840,447 BTC, currently valued at around $53.3 billion. The firm has accumulated its crypto fortune for roughly $10 billion more than the current value, and its average price is $75,385 per unit.

Aside from the growing USD reserve and extending the dividend payout duration to 2.8 years, the company said it has repurchased over $130 million worth of STRC.

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STRC ended last week at around $95, as it continues to recover from its dip to $75. However, it’s still inches away from its par price of $100.

The good news for the cryptocurrency community this week is that the largest corporate holder of BTC didn’t sell any, unlike the previous week when it offloaded 1,690 units.

Meanwhile, Strategy CEO Phong Le indicated last week that the company still plans to resume its Bitcoin purchases soon, and it could start by the end of the year.

The post Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares appeared first on CryptoPotato.

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Tudor Investment adds 109,446 shares to BlackRock Bitcoin ETF stake

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BlackRock IBIT sees $1.3B dark pool sale

Tudor Investment has increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter, ending a year-long run of reductions while cutting most of its reported call-option exposure to the fund.

Summary

  • Tudor Investment increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter.
  • The hedge fund added 109,446 IBIT shares, taking its total holding to 688,529 shares worth about $22.9 million.
  • Tudor cut its reported IBIT call options by about 85% while its put position remained roughly unchanged.
  • The purchase ended a year-long run of reductions from Tudor’s late 2024 peak of more than 8 million IBIT shares.

The Securities and Exchange Commission filing submitted on Aug. 14 showed that the macro hedge fund founded by billionaire Paul Tudor Jones held 688,529 shares of BlackRock’s iShares Bitcoin Trust, or IBIT, as of June 30, up from 579,083 shares at the end of March.

Tudor added 109,446 shares during the quarter, taking the reported value of the position to about $22.9 million. The purchase reversed the direction of its IBIT holdings after the firm spent much of 2025 reducing a position that had once exceeded 8 million shares.

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At the end of 2024, Tudor held more than 8 million IBIT shares worth roughly $427 million. Successive reductions through 2025 left the latest share count more than 90% below that peak, meaning the second-quarter purchase recovered only a small part of the exposure previously sold.

The position is also limited compared with the size of Tudor’s portfolio. The firm manages more than $100 billion in assets, while the $22.9 million IBIT stake represented only a fraction of its reported securities holdings at the end of June.

Tudor Investment increased shares while cutting IBIT calls

Alongside the purchase of direct shares, Tudor substantially reduced the call options it reported against BlackRock’s Bitcoin fund.

Its IBIT call position fell by about 85% during the quarter, dropping to the equivalent of 148,000 underlying shares from 998,000 at the end of March. The firm’s reported put exposure remained roughly unchanged.

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The filing establishes Tudor’s positions at June 30 but does not disclose the strike prices or expiry dates for the options. It also does not show whether the reduction resulted from sales, expirations or another change in the firm’s strategy, limiting what can be inferred from the lower call position.

Form 13F itself provides only a quarter-end snapshot of certain U.S.-listed securities held by institutional investment managers. Filers generally have up to 45 days after a quarter ends to submit the report, while short positions and many other forms of exposure are not disclosed.

As previously explained by crypto.news in June, 13F reports can show long positions in listed crypto investment products but not directly held cryptocurrencies, complete hedges, cost bases or trades that were opened and closed within the reporting quarter.

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Tudor’s filing therefore confirms that its direct IBIT share count increased between the March 31 and June 30 reporting dates, while providing only a partial view of the hedge fund’s total Bitcoin-related exposure.

Other institutions also added BlackRock Bitcoin ETF shares

Tudor’s purchase was disclosed during a busy round of second-quarter institutional filings involving BlackRock’s Bitcoin product.

Morgan Stanley reported on Aug. 14 that it had increased its IBIT stake by 23% during the second quarter, taking its position to about 16.5 million shares from roughly 13.4 million at the end of March.

The bank added approximately 3.04 million shares, although the reported value of the holding fell from about $667 million to $549 million as Bitcoin prices declined during the quarter. Morgan Stanley also disclosed 2.57 million shares of its own Bitcoin Trust, valued at about $43.3 million, after the fund began trading in April.

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UBS likewise reported a larger position in BlackRock’s fund. An Aug. 13 SEC filing showed the Swiss bank held about 2.5 million IBIT shares valued at nearly $90 million at June 30, compared with about 549,000 shares at the end of 2025.

The change represented an increase of roughly 355% in its share count over six months, according to the UBS filing coverage published Aug. 13. Like other 13F reports, however, the filing does not determine whether all of the reported shares represented proprietary investments or assets held for clients.

Not every large holder increased its allocation. Harvard Management Company kept its 3.04 million IBIT shares unchanged during the second quarter, ending two consecutive quarters of reductions.

Harvard previously held 6.81 million shares at the end of September 2025 before cutting the position to 5.35 million in the fourth quarter and then reducing it by another 2.31 million shares during the first quarter of 2026. Its remaining position was valued at about $101.4 million at June 30.

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The same second-quarter holdings report showed that Abu Dhabi investment entities Mubadala Investment Company and Abu Dhabi Investment Council also left their IBIT share counts unchanged. Mubadala held 14.72 million shares worth about $490.1 million, while the council reported 8.22 million shares valued at approximately $273.6 million.

Paul Tudor Jones has backed Bitcoin as an inflation hedge

Tudor’s renewed purchase follows several years of public support for Bitcoin from Jones, who first laid out his investment case for the asset in 2020.

Jones initially presented Bitcoin as protection against monetary expansion and inflation, later continuing to discuss it alongside gold and other scarce assets. His position focused in part on Bitcoin’s fixed supply and the potential loss of purchasing power in traditional currencies.

During a June 2025 Bloomberg interview, Jones said Bitcoin, gold and equities could form part of a portfolio designed to protect against inflation, with allocations adjusted to account for Bitcoin’s higher volatility.

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At the time, he argued that policymakers dealing with large debt burdens could seek to keep real interest rates below inflation. Jones said assets such as Bitcoin and gold would become important stores of value under those conditions.

Jones had earlier discussed allocating roughly 1% to 2% of a portfolio to Bitcoin but did not provide a new percentage during the 2025 interview.

The hedge fund manager also maintained a positive view of Bitcoin during an earlier period of regulatory pressure in the United States. In May 2023, he said he intended to retain a small allocation to the cryptocurrency while citing its fixed supply as part of its investment case.

Bitcoin ETF inflows returned ahead of Tudor filing

Tudor’s quarter-end position was disclosed after U.S. spot Bitcoin ETFs recorded another period of net inflows in early August.

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The funds attracted about $853.5 million over five consecutive trading days from Aug. 3 through Aug. 7, according to SoSoValue data cited in an Aug. 8 report. BlackRock’s IBIT accounted for about $694 million of the total.

The five-day inflow streak began with $170.1 million in combined net inflows on Aug. 3, followed by $211.5 million on Aug. 4 and $244.4 million on Aug. 5. The products then received about $128.8 million on Aug. 6 and $98.85 million on Aug. 7.

BlackRock’s fund had already recorded a $209.4 million single-day inflow on July 7 as total U.S. spot Bitcoin ETF inflows reached $265.7 million for the session. Fidelity’s FBTC, Bitwise’s BITB, ARK 21Shares’ ARKB and Grayscale’s Bitcoin Mini Trust also received net inflows that day, while Grayscale’s GBTC posted withdrawals.

BlackRock describes IBIT as a product designed to provide exposure to Bitcoin while reducing the custody and operational requirements involved in holding the cryptocurrency directly. The fund carried a 0.25% sponsor fee and reported a net asset value of $35.58 per share as of Aug. 14.

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Bitcoin’s summer calm is making options look unusually expensive

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Bitcoin’s summer calm is making options look unusually expensive

Bitcoin’s price has been eerily calm for weeks, locked in a narrow range below $65,000. Options, or derivative contracts offering insurance against wild price swings, should be cheap in a market this quiet. They aren’t.

That may sound counterintuitive, but it really isn’t, and it matters for traders considering options to hedge against, or profit from, a potential volatility boom. Volatility is mean-reverting and often spikes suddenly after a prolonged stretch of dull, range-bound trading.

It comes down to the fact that these options contracts are priced based on what the market expects to happen in the coming days or weeks, not on what has already happened recently.

The present calm is real. Bitcoin’s 30-day realized volatility, the price volatility seen over the past four weeks, has dropped to an annualized 21.80%, the lowest since October 2025. However, the forward-looking measure, the 30-day implied or expected volatility, represented by Volmex’s BVIV index, currently sits at 36%, about two-thirds higher than realized volatility.

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Jane Street Reports Major Position Across XRP ETF

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Jane Street reported a sharp rise in Bitwise XRP ETF shares, alongside exposure to other XRP funds, in its latest SEC 13F filing.

Jane Street Group reported holding more than 1.2 million shares of Bitwise’s XRP ETF as of June 30, 2026, up from 20,605 shares three months earlier. The 60-fold increase appeared in the trading firm’s second-quarter Form 13F filed with the SEC.

The filing highlights Jane Street’s position in the XRP ETF market, but its role as a major market maker that actively trades ETFs and options means the holding should not necessarily be viewed as a simple long-term directional bet on XRP.

Jane Street’s Q2 2026 Form 13F covers holdings as of June 30. The filing reported more than 1.2 million Bitwise XRP ETF shares, compared with 20,605 ordinary shares at the end of the first quarter.

Jane Street reported a sharp rise in Bitwise XRP ETF shares, alongside exposure to other XRP funds, in its latest SEC 13F filing.

Discover: The Best Crypto to Diversify Your Portfolio

The firm also reported exposure to XRP-related funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares. That places Jane Street across several XRP ETF products rather than solely in Bitwise’s fund.

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Bitwise’s product stands out because it holds spot XRP, unlike other ETFs tracking the asset. The fund launched in November, a few weeks after Canary Capital’s ETF reached Wall Street, and has since become the largest of the group discussed in the filings.

The XRP increase in reported shares is substantial, but Jane Street’s market-making and ETF and options trading activities provide important context. The source material cautions that the position should not automatically be treated as a straightforward long-term bet on XRP.

Xrp (XRP)
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The filing establishes the firm’s reportable securities position at the June 30 cutoff. On its own, that reported position does not establish Jane Street’s investment intention or the duration for which it plans to hold the shares.

Jane Street’s reported stake nevertheless makes it a leading participant in XRP ETF adoption among the institutions cited in the filings.

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Other Institutions Reporting XRP ETF Positions

Bank of America reported 13,260 shares of the Volatility Shares XRP ETF, a position valued at about $76,000. Unlike Bitwise’s product, the Volatility Shares ETF is not a spot ETF.

Morgan Stanley reported positions in three XRP-related funds at the end of the second quarter: 6,715 shares of Franklin’s XRP ETF, 255 shares of REX-Osprey’s product, and 567 shares of Bitwise’s fund. The holdings are small relative to Morgan Stanley’s overall portfolio, but add to the list of institutions reporting regulated XRP exposure.

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Other reported positions included nearly 200,000 Bitwise XRP ETF shares held by Wolverine Asset Management and 86,744 Capital XRP ETF shares reported by Gallacher Capital Management. Main Street Group and National Bank of Canada reported holding 5,261 and 3,848 XRP-related shares, respectively.

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The Top 5 for Developers

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Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)

Every crypto app needs data. Very few need the same data.

A portfolio tracker asks what an address holds. A DeFi dashboard asks what a protocol holds. A trading terminal asks what a token trades at right now. Those are three different products.

Picking by brand name is how teams end up paying twice. Picking by question is how they stop.

This guide covers five crypto data APIs. Each one answers a different question well. CoinStats Crypto API leads on wallet, market and DeFi data. DefiLlama covers protocol economics. Codex handles real-time DEX and prediction market data. Glassnode measures the network. Blockscout returns the raw record, decoded.

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Our guide to choosing the right crypto API also covers swaps and nodes. This one stays in the data lane.

Not All Crypto Data Is the Same Data

Five kinds of question sit behind the word “data”. Each has its own providers.

Portfolio data answers questions about an address. Balances, positions and value, already priced.

Protocol data answers questions about a protocol. Total value locked, fees, revenue and yields.

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Market data answers what something trades at. Prices, candles, liquidity and holder flows.

Network data answers what participants are doing together. Supply distribution, cost basis and exchange flows.

Record data answers what actually happened. Decoded transactions, event logs and verified contract code.

A node gives you none of this. It gives you bytes. This primer on how a blockchain API works explains the gap.

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Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)
Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)

1. CoinStats API (Best Overall)

One API for Markets, Wallets, DeFi and Portfolio Data

CoinStats Crypto API is a unified data layer for developers. It combines market data, wallet data, DeFi positions and portfolio analytics. Token security screening sits in the same schema. Coverage spans 100,000+ coins, 200+ exchanges and 120+ blockchains.

Wallet endpoints return balances and transactions across Ethereum, Solana, EVM chains and Bitcoin. Bitcoin support includes extended public keys (xpub, ypub, zpub). DeFi positions resolve per wallet across 10,000+ protocols. That covers staking, lending and liquidity tied to one address.

Token risk checks flag honeypots, hidden fees, blacklists and unrenounced ownership. Those checks run on EVM chains.

CoinStats API also ships an MCP Server for AI agents. It exposes wallet, DeFi and portfolio data to LLMs. Agents in Claude, Cursor and VS Code query it directly. That portfolio layer is the real differentiator. This best crypto API guide breaks down the endpoints.

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Pros

  • Market, wallet, DeFi, portfolio and token security in one API
  • 120+ blockchains and 100,000+ coins under one key
  • Per-wallet DeFi resolution across 10,000+ protocols
  • Bitcoin xpub, ypub and zpub support
  • Native MCP Server for AI and LLM workflows
  • Free tier with credit-based pricing

Cons

  • Read-only data layer, so no transaction submission
  • REST-first, with no streaming for live event data

Best Use Cases

  • Multi-chain portfolio trackers
  • DeFi dashboards across staking, lending and LP
  • Crypto tax and accounting tools
  • AI agents that query data through MCP
  • Wallet explorers and embedded widgets

Pricing

Pricing is credit-based with a free tier at signup. Paid plans start at $49 per month. Credits scale with endpoint complexity.

Best suited for: most data-driven builds, from portfolio trackers to AI agents.

Limitation: CoinStats API is a data layer, not a node provider. To broadcast transactions, pair it with RPC infrastructure.

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2. DefiLlama

Free Protocol Economics Across Thousands of Protocols

DefiLlama tracks the economics of DeFi itself. It publishes total value locked, fees, revenue, yields and stablecoin supply. Coverage runs across hundreds of chains and thousands of protocols. The methodology is open source, so anyone can audit a number.

The open plan is genuinely free and needs no key. It returns TVL, revenue and fee data plus token prices. Most TVL figures quoted elsewhere trace back to it.

A developer API plan runs $300 per month. It allows 1,000 requests per minute and 1 million calls monthly. Extra calls cost $0.60 per thousand after that. A separate $49 Pro plan covers dashboards rather than API access.

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DefiLlama also ships an MCP server plus installable agent skills. Each agent query costs one credit from the same API pool.

Best suited for: yield tools, DeFi dashboards and protocol research.

Limitation: DefiLlama works at protocol level, not wallet level. For per-address positions, pair it with CoinStats API.

3. Codex

Real-Time DEX Data and Prediction Markets in One Schema

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Codex is an enriched blockchain data API with two pillars. Do not confuse it with the coding tool of the same name. The first pillar is tokens: real-time prices, OHLCV charts, holder analytics and balances. The second is prediction markets across Polymarket and Kalshi, now at record volume.

Odds, volume, trending events and order books share a single schema. Coverage reaches 70M+ tokens, 700M+ wallets and 80+ networks.

Access runs on GraphQL with WebSocket subscriptions and webhooks. Data freshness sits near one second. TradingView, Coinbase, Uniswap and pump.fun all build on it. A TypeScript SDK, an MCP server and agentic payments cover AI workflows.

The free tier allows 10,000 requests per month with full query access. Growth plans start at $350 per month.

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Best suited for: trading terminals, token discovery and prediction market apps.

Limitation: Codex reads onchain markets, not exchange balances or DeFi positions. Pair it with a portfolio layer.

4. Glassnode

Network-Level Metrics for Research Teams

Glassnode measures what a whole network is doing. Its catalogue covers supply distribution, cost basis, profitability and exchange flows. Entity-adjusted metrics strip out transfers between wallets with one owner. That single correction changes most raw onchain numbers.

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Coverage spans 1,500+ assets and onchain data from 11 blockchains. The Advanced plan costs $49 per month. It includes 300+ metrics at daily resolution plus API Light access. Professional adds longer history, 10-minute resolution and a credit-based API add-on.

Glassnode ships an MCP server, a CLI and an Excel add-in. Agents can also pay per call in USDC on Base. Metric calls cost five cents with no account required.

Point-in-time metrics never get revised, which keeps backtests honest. That pay-per-call route is new, and it suits research agents well.

Best suited for: research desks, market dashboards and macro-style analysis.

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Limitation: Glassnode has no free plan and reads networks, not wallets.

5. Blockscout

Open-Source Explorer Data With a Real Free Tier

Blockscout is the open-source block explorer, exposed as an API. It returns decoded transactions, balances, event logs and verified contract ABIs. One key covers 120+ chains on every plan, free included. Endpoints follow the Etherscan V2 shape, so migrating is mostly a URL swap.

The free plan gives 100,000 credits per day at five requests per second. Builder costs $49 per month for 100 million credits. Pro costs $199 per month at 30 requests per second. Most standard calls spend 20 credits each. Keys come from the developer portal with no card required.

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An MCP server runs on the same backend, alongside installable agent skills. The explorer stays open source, so any chain can self-host it. Teams debugging contracts get the same data their users see. Response headers return remaining credits on every call.

Best suited for: wallets, debugging tools and contract-level analytics.

Limitation: Blockscout returns chain records, not aggregated market data.

Side-by-Side Comparison

Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)
Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)
CoinStats API DefiLlama Codex Glassnode Blockscout
Primary layer Market, wallet, DeFi and portfolio Protocol economics Real-time DEX and prediction markets Network metrics Explorer records
Core question What does this wallet hold? What is locked in this protocol? What is this token worth now? What is the network doing? What happened in this transaction?
Coverage 100,000+ coins, 120+ chains Hundreds of chains 70M+ tokens, 80+ networks 1,500+ assets, 11 chains 120+ chains
Wallet data Yes, with DeFi and P&L No Balances only No Balances and history
AI / MCP Native MCP Server MCP server and skills MCP and agent payments MCP, CLI and pay-per-call MCP and agent skills
Free tier Yes, credit-based Yes, open API Yes, 10,000 calls No Yes, 100,000 credits daily
Entry paid plan $49/mo $300/mo $350/mo $49/mo $49/mo
Best for Most data-driven builds DeFi research Trading and discovery Market research Contract-level work

What You Can Build

Portfolio trackers and wallet apps. CoinStats API returns holdings, prices and DeFi positions in one call.

Yield and treasury dashboards. DefiLlama supplies pool APYs, protocol fees and stablecoin supply.

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Trading terminals and token screeners. Codex streams live pair data across 80+ networks.

Prediction market products. Codex normalises Polymarket and Kalshi into one schema.

Research and market reports. Glassnode supplies cost basis, supply and flow metrics.

Contract debuggers and audit tools. Blockscout decodes transactions and serves verified ABIs.

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AI financial assistants. Every provider here now ships an MCP server for agents.

Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)
Best Crypto Data Apis In 2026: Top 5 For Developers (File Released)

One Provider or Several?

Most production teams do not run on a single API. They layer by question.

Start with CoinStats API for wallet, market, DeFi and portfolio data. Add DefiLlama when you need protocol economics behind those positions. Add Codex when live DEX pricing or prediction markets matter. Layer in Glassnode when the question turns to whole-network behaviour. Reach for Blockscout when you need the decoded record itself.

Two providers cover most products. Three is common at scale. Developers publish their own comparisons too. This hands-on developer comparison is worth a read.

Wrapping Up

There is no single best crypto data API. There is only the right answer to your question.

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CoinStats API is the broadest starting point for application data. It suits most crypto use cases, from trackers to AI agents. DefiLlama owns protocol economics and stays free. Codex owns real-time DEX and prediction market data. Glassnode owns network-level research. Blockscout owns the decoded record.

Four of the five start free. Test the free tiers with real calls before you commit.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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