Crypto World
Bitcoin Clears $80,000 As Schwab Adds Solana
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Bitcoin traded above $80,000 on Thursday as Charles Schwab told clients it will widen the list of tokens available in Schwab Crypto accounts, giving Solana, Avalanche and Chainlink access to a retail brokerage that has offered only bitcoin and ether since May. The three named tokens outpaced the… Read the full story at The Defiant
Crypto World
Farage’s Reform UK party receives record political donation
Ben Delo, a British crypto billionaire, gave 36 million pounds ($49 million) to Nigel Farage’s Reform UK in the biggest donation ever made to a British political party, the DPA and other media reported on Saturday.
Delo, who co-founded the BitMEX cryptocurrency exchange, said he had given the money to ensure a “fair fight” at the polls.
Farage said: “I am honored and humbled that Ben Delo has shown such confidence in Reform. … Ben knows that we are the only party that can turn the country around and reverse Britain’s decline.”
Delo was previously the second-biggest donor to Reform UK behind billionaire Christopher Harborne, who gave 9 million pounds to the party last August.
Cointelegraph reported last month that Farage was under investigation after receiving millions of dollars’ worth of donations and gifts from two figures tied to the crypto industry: Harborne and George Cottrell.
Related: UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandal
The UK lawmaker resigned his position as a member of Parliament in July amid the crypto scandal, triggering a controversial by-election that Farage won with 63% of the vote, ahead of satirical candidate Count Binface.
The contributions tied to the crypto industry have raised questions from many lawmakers about the influence of digital assets on UK politics.
In July, Labour MPs were reportedly considering that a moratorium on crypto donations announced in March, pending legislation, be made permanent in response to what Farage called “gifts” from Harborne and Cottrell.
The Telegraph newspaper said the 36 million pound donation represented 1 million pounds each month until a general election in 2029, but Delo made the entire payment up front to prevent it from being blocked.
Cointelegraph previously reported that Delo was one of three BitMEX co-founders who pleaded guilty to federal charges in the US related to violations of the Bank Secrecy Act.
While he agreed to pay a $10 million fine in 2022, Delo did not serve time in prison. He and his colleagues Arthur Hayes and Samuel Reed received a pardon from US President Donald Trump in March 2025.
Magazine: Trading stocks against BONER is the latest trend for DeFi degens
Crypto World
This Bitcoin Election Strategy Has Worked 3 Times: Here’s When It Says to Buy BTC
Popular analyst CryptoGoos outlined a remarkably simple BTC trading strategy that has successfully tracked and identified the asset’s most important cycle bottoms and tops.
If it plays out again, the next major buy signal could be happening as we speak (or as you read). The idea is quite interesting – instead of relying on complicated indicators, moving averages, and on-chain metrics, investors should look into the US midterm elections.
This striking historical pattern shows that Bitcoin has struggled during every previous midterm election year before recovering strongly once the vote was out of the way. That makes this year and the following several months highly interesting.
No Good Midterm Year
Given the fact that BTC was essentially an unknown internet magic money in 2010, we won’t count that midterm election year. Instead, we will focus on 2014, 2018, and 2022. A quick look into that shows that all three were ugly. 12 years ago, BTC had already collapsed following the extraordinary 2013 bull market and the failure of Mt. Gox.
Fast forward to the 2018 bear market, the cryptocurrency plunged from almost $20,000 to under $3,500. The 2022 example was no better, as the asset entered another brutal downturn amid aggressive Fed rate hikes, the deterioration of Terra/LUNA, and a broader crypto credit crisis. Days after the November 8 midterm election, FTX imploded, which resulted in the last leg down of that cycle with BTC slumping toward $16,000.
Research from CryptoQuant found that BTC declined by more than 60% during each of those three midterm election years. As such, the similarities with 2026 are hard to ignore. The cryptocurrency remains far below its October 2025 all-time high despite its most recent recovery.
Signal to Buy?
The more interesting part of CryptoGoos’ conclusion is what comes after the vote, as BTC has historically rebounded strongly in the 12 months following the US midterm elections. Data tracking the previous three cycles puts the average subsequent gain at over 50%.
Obviously, this doesn’t guarantee that the election itself mechanically leads to a sharp bitcoin price uptick. A more reasonable explanation is that midterm years tend to coincide with several conditions that can pressure risk assets, such as political uncertainty, reduced investor appetite, changing fiscal expectations, and, in BTC’s particular case, the historically weak part of its four-year cycle.
Once the election passes, one major source of uncertainty goes away, and markets can start pricing the next two years of fiscal, regulatory, and monetary policy with considerably more confidence.
If investors choose to follow CryptoGoos’ strategy and accumulate BTC now ahead of the midterms, the first sales should begin with a 25% offload next year, followed by a more significant 50% dump in 2028 and another 25% in the post-election 2029.
The post This Bitcoin Election Strategy Has Worked 3 Times: Here’s When It Says to Buy BTC appeared first on CryptoPotato.
Crypto World
Aave V4 Deposits Reach $806 Million After 30% Weekly Gain

Aave’s live onchain dashboard listed V4 user deposits at $806 million. Deposits jumped by 30% over seven days and reached a new all-time high above $800 million. The latest reading extends a steep August climb. Aave announced that V4 deposits crossed $500 million on Aug. 19 and $600 million on Aug…. Read the full story at The Defiant
Crypto World
Nvidia eyes $10B investment in Anthropic IPO
Anthropic is in talks with Nvidia about a potential $10 billion investment in what may be the biggest IPO in history, Reuters reported on Saturday, citing people familiar.
The people said Anthropic is seeking to raise as much as $100 billion in the offering, which could value the AI company at about $2 trillion.
The discussion is ongoing and could change, the people told Reuters, remaining anonymous amid the confidential negotiations.
Nvidia could supply Anthropic with an early strategic backer for the offering and also strengthen ties between the chipmaker and an important customer.
Reuters said that Anthropic declined to comment and that Nvidia had yet to respond to a request for comment.
Related: Nvidia buys Hugging Face for $12.9B in push into AI software
Cointelegraph reported on Aug. 11 that Bitcoin miner Riot Platforms had secured a 20-year agreement to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a “leading frontier AI” company.
The customer was Anthropic and the deal was valued at about $9 billion, Bloomberg reported, citing people familiar with the matter.
Cointelegraph reported earlier this month that Nvidia agreed to acquire Hugging Face for $12.9 billion, extending its reach into the software and tools developers use to build artificial intelligence.
Hugging Face serves more than 18 million developers and hosts over three million models, Nvidia CEO Jensen Huang said.
The acquisition would give Nvidia control of a major platform for AI models as technology companies increasingly compete across chips, software and developer tools.
Crypto World
Ethena Plans Equity-Perpetual Basis Trades for USDe Backing

Ethena said Friday that it plans to add equity-perpetual basis trades to USDe’s backing strategy, extending the synthetic dollar into stock-linked derivatives markets. Etherscan listed USDe’s circulating supply at about 4.063 billion tokens when checked. The announced rollout is still forthcoming…. Read the full story at The Defiant
Crypto World
Solana Validators Approve Doubling Disinflation in First Governance Vote, With Kraken Reversing Late

Solana validators approved a proposal to double the rate at which SOL emissions decline, the first measure to pass through the network's new onchain governance system and the first time validators have agreed to cut issuance. SGP-0002 closed on Friday with 176.29 million SOL for, 66.19 million… Read the full story at The Defiant
Crypto World
Bitwise Solana ETF Is First to Cross $1 Billion

Bitwise’s Solana staking fund has crossed $1 billion in assets under management, making BSOL the first Solana ETF to reach the threshold, according to Glassnode. The official fund page listed 9,332,360.79 SOL with a market value of $1.018 billion and net assets of $1.0175 billion as of Aug. 26. In… Read the full story at The Defiant
Crypto World
Bitcoin Drops Below $78,000 After Warsh Speech

Bitcoin fell through $78,000 on Friday afternoon, giving up almost all of a weekly gain that had reached double digits, as investors read Federal Reserve Chair Kevin Warsh's first Jackson Hole address as a signal that the Fed is readier to raise rates than to cut them. The selling ran across risk… Read the full story at The Defiant
Crypto World
Circle Adds Native USDC, EURC and CCTP Support to Plasma

Stablecoin issuer Circle has launched native USDC and EURC on Plasma alongside Cross-Chain Transfer Protocol, or CCTP, and Bridge Kit, giving the stablecoin-focused Layer 1 first-party access to Circle-issued dollar and euro tokens and its crosschain transfer stack. Circle published mainnet… Read the full story at The Defiant
Crypto World
Stellar RWA Assets Outgrow Its DeFi Markets
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Tokenized real-world assets on Stellar passed $3 billion in July while the network's DeFi markets held a fraction of that, according to a report published Wednesday by oracle provider RedStone. Issuance on Stellar is running ahead of the lending markets and collateral pools that would make the… Read the full story at The Defiant
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