Crypto World
Bitcoin’s $73K push may hinge on ETF demand: Analysts
Bitcoin has climbed toward $73,000 after a record short squeeze and falling U.S. Treasury yields powered an 11% rally, but analysts have warned that continued ETF and spot demand will decide whether the breakout holds.
Summary
- Bitcoin has gained about 11% in 24 hours and reached a two-month high near $73,000.
- U.S. spot Bitcoin ETFs drew $517 million on Aug. 19, their strongest inflow since May.
- Nearly $2.7 billion in bearish crypto positions were liquidated as Bitcoin broke above $70,000.
- Analysts see ETF demand, Treasury yields and U.S. political progress as the next tests.
Bitcoin’s short squeeze has accelerated the breakout
Nansen Senior Research Analyst Nicolai Søndergaard told crypto.news that forced short covering accelerated Bitcoin’s rise, although institutional demand and improved liquidity conditions had already given the market an upward bias.
“Bitcoin’s move above $70,000 reflects a combination of forced short covering, renewed institutional demand and a more supportive liquidity backdrop,” Søndergaard said.
Bitcoin traded near $72,600 after reaching about $72,800 on Aug. 20, extending a rally that began when the price cleared resistance around $65,000 and $67,000. The asset had spent roughly six weeks inside a narrow range before the breakout caught bearish traders positioned for another decline.
CoinGlass data showed that more than $1 billion in Bitcoin shorts were liquidated within about one hour. Across the crypto market, short liquidations reached approximately $2.7 billion over 24 hours, the largest total in records dating to 2021. Shorts accounted for about 92% of almost $3 billion in total liquidations across more than 172,000 traders.
As reported earlier on Thursday, Bitcoin gained 11.4% in 24 hours as the liquidations forced traders to buy the asset needed to close their positions. Forced purchases then pushed the price through additional liquidation levels, adding speed to the rally.
Søndergaard said that relatively contained open interest showed that the price increase did not come only from traders adding fresh leverage. Liquidation data also showed far more pressure on shorts than longs, supporting his view that forced covering drove the speed rather than the full direction of the move.
ETF demand may determine whether $70,000 holds
U.S. spot Bitcoin ETFs recorded about $517 million in net inflows on Aug. 19, according to SoSoValue data cited by the analysts. The daily total was the strongest since May and offered early evidence that institutional buyers were participating alongside traders closing short positions.
LVRG Research Director Nick Ruck said the Treasury announcement helped improve institutional sentiment after months of net ETF outflows. Allocators may now view Bitcoin’s recent trading range as a more favorable entry point, he added, rather than a reason to remain on the sidelines.
Ruck cautioned that a single inflow session would not establish a lasting institutional trend. A clearer course for U.S. interest rates, progress on the CLARITY Act, or expanded access through retirement accounts could provide stronger confirmation, according to the analyst.
“Sustained inflows are unlikely without additional confirmation,” Ruck said. “Until those catalysts develop, inflows will likely remain temporary rather than structural.”
Once forced buying fades, Søndergaard expects spot and ETF flows to determine whether Bitcoin can build support above $70,000. The price has moved above its 20-week and 200-day moving averages as well as the estimated short-term holder cost basis near $68,700, placing many recent buyers back in profit.
Momentum readings have become stretched, however. Søndergaard placed the one-hour relative strength index near 78 and the four-hour RSI above 85, while positive funding rates showed that leveraged positioning had become crowded on the long side.
A sustained hold above $70,000 would support the breakout, according to Søndergaard. A retreat into the $69,700 to $69,000 zone could serve as a normal retest rather than confirm a full trend reversal, although losing the area would expose the market to more selling.
CoinEx Chief Analyst Jeff Ko identified the 200-day moving average near $69,000 as the central technical level. Turning the former resistance area into support would strengthen the setup, he said, especially after approximately $650 million in net ETF inflows during the week.
Lower Treasury yields have eased pressure on Bitcoin
The rally began as the U.S. Treasury announced that it would at least double its long-end liquidity-support buybacks. Beginning Sept. 9, the maximum purchase size for nominal coupon securities in the 10-to-20-year and 20-to-30-year sectors will rise from $2 billion to at least $4 billion per operation.
Following the announcement, the 30-year Treasury yield fell from 5.34%, its highest level in 19 years, to about 5.19%. Falling yields reduce the return offered by low-risk government debt and can make assets such as Bitcoin more attractive to investors willing to accept additional volatility.
Nick Ruck said lower yields also ease financial conditions and reduce borrowing costs for companies and investors. Continued buybacks could support risk assets for several months if long-term rates remain contained, he added, while renewed inflation or fiscal concerns could reverse the relief.
Ko described the program as a liquidity-management tool rather than quantitative easing because the Treasury is changing the composition of its liabilities instead of creating central-bank money. Given the program’s limited size compared with the Treasury market, he interpreted the announcement mainly as a policy signal that officials are prepared to support liquidity at the long end.
BTSE Chief Operating Officer Jeff Mei also called the buybacks a short-term response to a lasting fiscal problem. The purchases may cool yields, but they do not reduce the federal deficit or remove inflation pressure, he said.
“When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” Mei said.
For borrowing costs to remain lower, Mei said markets would need evidence of a slowing U.S. economy or a resolution to the U.S.-Iran conflict. Without progress on either issue, persistent inflation and government borrowing could push yields back up.
U.S. policy has added a political premium
Bitget Wallet Research Analyst Lacie Zhang said Bitcoin has started trading with a U.S. political premium as the White House presses for crypto legislation before the November midterm elections.
During an Aug. 19 event with executives from Coinbase, Gemini, Ripple, Chainlink Labs, and other companies, President Donald Trump urged Congress to approve what he called a “fair version” of the Digital Asset Market Clarity Act. The bill would establish federal market rules and divide oversight between the SEC and CFTC.
Previous White House event coverage detailed the approaching Senate test, which requires 60 votes to advance the legislation. Lawmakers are expected to return in September, leaving limited working time before campaigning for the midterms takes priority.
Zhang said the administration has an incentive to show lower borrowing costs, strong financial markets, and progress in high-growth industries before voters go to the polls. Democrats gaining Senate seats could expose the administration’s crypto policies to added scrutiny, which gives the White House and industry groups a reason to seek legislation before the election, she added.
The SEC supplied another policy catalyst on Aug. 18 by proposing Regulation Crypto Assets, a framework for certain investment contracts involving digital assets. The proposal includes an exemption for offerings of up to $5 million over four years and another for qualifying offerings of up to $75 million in a 12-month period.
Under the proposed SEC framework, a conditional safe harbor would also address when an investment-contract relationship tied to a crypto asset can end. Stakeholders will have 60 days to submit comments, and the proposal does not change current registration requirements unless the SEC adopts final rules.
Zhang warned that connecting Bitcoin sentiment to the election calendar creates political risk. Failure to move the CLARITY Act, controversy involving political conflicts of interest, or a loss of regulatory momentum after the midterms could weaken investor confidence, she said.
President Xi Jinping’s expected U.S. visit in September could add another political element, according to Zhang, because Trump has grouped crypto, artificial intelligence and financial technology within his push for American technology leadership. She described the visit as a policy context rather than a direct cause of Bitcoin’s daily move.
Ruck said ETF inflows would need support from contained Treasury yields and further regulatory progress to continue. Without those conditions, institutional purchases may appear in isolated sessions instead of developing into a sustained source of Bitcoin demand.
Ethos Network has scheduled a September 1 auction for 20% of the WHUF token supply, setting its opening fully diluted valuation at $1 million and its maximum valuation at $99 million.
Summary
- 20% of the total WHUF supply will be offered through the September 1 auction.
- Bidding will begin at a $1 million FDV and cannot exceed a $99 million FDV.
- Buyers can qualify for protection covering 85% of their purchase price for 12 months.
- Contributor XP and qualified referrals will determine additional token rewards.
Ethos Network said in an Aug. 20 X post that registration had opened for the WHUF auction, which includes added rewards tied to Contributor XP and participant referrals.
“Hello, Whuffie,” the protocol wrote while introducing WHUF and listing the main auction terms.
Under the announced limits, selling 20% of the supply at a $1 million FDV would value the auctioned portion at $200,000. The same allocation would be worth as much as $19.8 million at the $99 million cap, based on the relationship between the offered supply and the stated valuation range.
Ethos has not disclosed how much capital it expects to raise because the final amount will depend on bids submitted during the auction. The announcement also did not provide a final token price, circulating supply at launch, exchange listing schedule, or complete allocation plan for the remaining 80%.
WHUF auction includes conditional price protection
The official WHUF sale page describes the 85% price guarantee as conditional protection rather than an automatic refund for every buyer.
Participants must vouch their WHUF tokens in an Ethos account during a 30-day guarantee period and keep the tokens vouched to retain coverage at 85% of their purchase price for 12 months, according to the page. The available information indicates that removing the tokens from the vouch may affect eligibility, although Ethos has not yet published complete redemption instructions in an accessible auction document.
Vouching is an existing part of the Ethos reputation system. Users deposit assets behind another account to signal that they trust its owner, giving the endorsement more weight than a standard written review, according to the protocol’s website.
Applying the same action to the guarantee ties the protection to participation in Ethos rather than passive token ownership. Buyers seeking coverage would need to commit the purchased WHUF to the protocol under the stated conditions, limiting how freely they could use the tokens while preserving the guarantee.
Ethos has not explained which asset or reserve will fund guarantee claims, how claims will be processed, or whether geographic and identity checks will apply. The project also has not published information on the auction’s accepted payment assets, minimum bid, maximum individual contribution or final allocation method.
Contributor XP will influence WHUF bonuses
Auction contributors will receive additional rewards weighted by their commitment and Contributor XP, the sale page states. Referrers can also receive a share linked to each qualified bid they bring into the auction, although the project has not publicly listed the exact reward percentages.
Contributor XP has operated as Ethos’s recognition system since the protocol launched on Base in January 2025, as crypto.news previously reported. The system assigns credit to users who help document reputation through reviews, vouches, invitations, and other activity.
At the mainnet launch, Ethos said around 4,500 accounts were eligible for its first XP claim after it screened the distribution for Sybil activity. Each eligible account received 10 referral links, while both parties could gain a 20% increase on their base XP claim when the invited user already had an allocation.
Later campaigns expanded the XP system through daily review bounties and reputation markets. In July, Ethos announced a trading competition carrying almost 35 million XP as its second XP season approached its end.
The WHUF auction now gives accumulated XP a role in token-sale rewards. Ethos has not said whether XP will convert directly into WHUF, determine a multiplier, or place participants into separate allocation groups.
Ethos has built WHUF around onchain reputation
Ethos describes WHUF as a “Proof of Credibility” token connected to its onchain reputation network. The platform combines social and financial signals to create credibility scores for crypto accounts.
Reviews allow users to submit positive, neutral, or negative assessments, while the credibility of the reviewer and the account’s history can affect each review’s weight. Vouching lets users back an account with deposited ETH, and slashing allows the community to propose penalties against users accused of misconduct.
Ethos also uses wallet age, attestations, social accounts, review history, vouching activity, and suspected Sybil behavior when calculating its credibility scores. The protocol says developers can connect the scoring infrastructure to external applications through its smart contracts.
The project launched on Base mainnet on Jan. 22, 2025, after operating on the Base Sepolia test network. Its browser extension can display Ethos scores on X and OpenSea, giving users access to reputation data outside the main Ethos application.
In July 2024, Ethos raised $1.75 million from 59 angel investors without a lead venture capital firm. The current sales page says the project later received backing from more than 450 participants through Echo and claims WHUF has only 1% venture capital ownership. A full token allocation table has not yet been published to verify how the remaining ownership categories are divided.
US buyers face unresolved access and securities questions
Ethos has not publicly confirmed whether people in the United States can enter the WHUF auction. The registration page should therefore not be treated as confirmation that US residents are eligible, particularly while the project has yet to publish complete sale terms and jurisdictional restrictions.
Federal treatment of token offerings is also under review. The US Securities and Exchange Commission proposed Reg Crypto on Aug. 18, creating possible registration exemptions for qualifying crypto investment contracts.
One proposed route would cover offerings of up to $5 million during four years, while another would allow eligible issuers to raise as much as $75 million in a 12-month period. The larger exemption would carry added financial statement and continuing reporting requirements, according to the SEC proposal.
Reg Crypto does not automatically exempt every public token sale. Eligibility would depend on the offering structure, issuer disclosures, and other conditions, while the proposal must still pass through a public comment process before any final rules take effect.
Token distribution will also matter once WHUF becomes transferable. A July token-unlock explainer noted that vesting schedules and cliffs can limit immediate selling by team members and early investors. Ethos has not yet released WHUF vesting periods, team allocations, insider lockups, or the amount expected to circulate when the token launches.
A criminal complaint filed in federal court on Thursday outlines the FBI’s investigation into Bowie, including how agents reviewed social media posts she had shared with “anti-American messages” and the ensuing sting operation that led them to apprehend her.
An FBI confidential source, the document details, posed as an “ISIS facilitator” and began messaging with Bowie in July about “her plans to attack the New York State Capitol building in Albany.”
Bowie visited the building several times, according to the complaint. Included in the filing and the Justice Department’s press release was an image of an individual wearing all black and holding up a phone, seemingly to take a photo. The individual’s face is not visible in the photo, but authorities identified them as Bowie; the complaint says the image shows Bowie “doing reconnaissance on July 21” on the Capitol building.
The complaint goes on to describe an in-person meeting that Bowie had with two other FBI confidential sources on Aug. 5. The meeting was filmed and recorded, and the complaint alleges that Bowie “reaffirmed her desire to bomb the New York State Capitol” during the encounter. The filing includes part of the transcript from that meeting, during which she allegedly said that she would “ideally do [the attack] on a day when the most amount of senators are there, maybe we time it where there we know there’s a meeting with the senators, try and get a good enough explosive in there to kill the senators and ideally to destroy as much of the building as possible really.” She then said that she wanted “to be able to get away and migrate,” according to the complaint.
The ceasefire between the U.S. and Iran officially came to a close this week. That led oil prices to surge — always a positive for oil-related stocks. This group of industry stocks are breaking out and stand to benefit from the ongoing closure of the Strait of Hormuz. Four energy stocks — Shell (SHEL), Suncor Energy (SU), Ecopetrol (EC) and…
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XRP rebounds 10% as Bitcoin short liquidations top $1 billion, while UE Crypto expands cloud mining access
Summary
- XRP rebounds 10.17% near $1.10 as Bitcoin surges 8%, triggering more than $1B in short liquidations.
- Bitcoin hits $72,281 after a sharp rebound, fueling a major short squeeze and lifting XRP toward $1.10.
- XRP and BTC volatility sparks interest in UE Crypto’s contract-based cloud mining as an alternative income option.
XRP has recently staged a strong rebound, with its price briefly climbing near $1.10 — a single-day gain of 10.17% and its largest daily increase since February 6, 2026. Meanwhile, Bitcoin (BTC) also rebounded rapidly, rising over 8% at one point to hit a high of $72,281.12; this marked a new peak since early June and the largest single-day gain since March 2026.
This rapid market reversal triggered a massive wave of short position liquidations. According to CoinGlass data, over $1 billion in Bitcoin short positions were forcibly liquidated within roughly an hour, marking one of the largest Bitcoin short liquidation events since such data tracking began in 2021.
Prior to this, Bitcoin had experienced months of decline, with bearish sentiment building as the price retreated. The sudden price rebound — fueled by heavy buying as short sellers covered their positions — pushed prices even higher, creating a classic “short squeeze” scenario.
Amidst heightened market volatility, UE Crypto has launched a contract-based cloud mining service. This offers holders of XRP, BTC, and other digital assets a way to utilize their holdings that goes beyond merely relying on price appreciation, helping users explore potential sources of consistent returns.
From price fluctuations to asset utilization: Investors seek more stable returns
For a long time, many XRP and BTC holders have primarily employed a “buy low, hold long” strategy, hoping to realize capital gains from future market rallies.
While this approach can yield high returns during bull markets, profitability is heavily dependent on asset price performance. When the market enters a phase of consolidation, correction, or decline, holders must not only endure fluctuations in asset value but may also face long waiting periods.
Consequently, an increasing number of digital asset holders are turning their attention to more diversified asset management strategies. Moving beyond the simple “buy low, sell high” model, some investors are exploring ways to enhance the utilization of their existing digital assets and seeking sources of relatively consistent potential returns. Amidst this trend, cloud mining has emerged as a way to engage with digital assets that differs from simply relying on price appreciation. By combining cloud computing power with contract services, UE Crypto offers holders of XRP, BTC, and other mainstream digital assets the option to participate in cloud mining remotely.
UE Crypto Cloud Mining: Simplifying digital asset participation
UE Crypto’s contract-based cloud mining platform integrates computing power allocation, contract services, and automated operational mechanisms.
Users can select cloud mining plans tailored to their budgets, contract durations, and computing power requirements without the need to purchase, deploy, or maintain mining hardware themselves. Once a contract is activated, the allocated computing power operates automatically according to the chosen plan, thereby lowering the equipment and technical barriers associated with traditional mining.
Compared to merely waiting for the price of XRP or BTC to rise, cloud mining offers holders an alternative potential source of income. According to UE Crypto, potential daily earnings for some high-capacity plans can reach up to $10,000, with actual returns depending on the specific investment amount, contract plan, and computing power allocation.
Key features of UE Crypto Cloud Mining
Low barrier to entry
With a minimum investment of $100, the platform offers an accessible starting point for users wishing to try cloud mining.
Automated operation
Once a user selects and activates a contract, the computing power runs automatically according to the plan; there is no need for the user to manage mining hardware or perform complex technical maintenance.
Support for multiple mainstream digital assets
The platform supports a wide range of mainstream digital assets, including BTC, USDT, ETH, LTC, USDC, XRP, SOL, and BNB.
Clear earnings plans
Different contracts correspond to varying durations and projected returns; users can choose to withdraw their earnings or reinvest them in accordance with platform rules.
Emphasis on sustainable operations
UE Crypto states that its mining infrastructure utilizes renewable energy sources — including solar and wind power — to enhance efficiency and reduce carbon emissions.
Three Steps to Get Started with UE Crypto
1. Register an account
2. Top up and select a plan
Users can top up their accounts using major digital assets supported by the platform — such as BTC, ETH, USDC, and XRP — and select a cloud mining plan that suits their budget, contract duration, and hashrate requirements.
3. Activate the contract and earn returns
Once the contract is activated, the corresponding hashrate operates automatically according to the selected plan. Earnings are settled based on the specific contract terms, and users can choose to withdraw or reinvest their profits in accordance with platform rules.
Featured cloud mining contracts
Click here to view the full list of cloud mining contracts and applicable terms.
Looking ahead: From market volatility to diversified returns
Price volatility in the cryptocurrency market is here to stay. For holders of XRP, BTC, ETH, and other digital assets, relying solely on price appreciation for returns means investment outcomes are heavily tied to market cycles. Consequently, asset diversification, improved asset utilization, and the exploration of potential, sustainable income sources are becoming key priorities for digital asset holders.
By combining cloud computing power, contract services, and digital asset infrastructure, UE Crypto offers users a convenient way to participate in cloud mining. Its goal is to enable digital asset holders to explore paths to more stable and sustainable potential returns — moving beyond a sole reliance on rising coin prices — while continuing to monitor market trends.
About UE Crypto
Founded in 2015 and headquartered in London, UK, UE Crypto specializes in smart cloud mining, cloud computing, and digital asset services. According to the company, its platform services cover more than 150 countries and regions worldwide.
Users interested in UE Crypto’s cloud mining services can visit the official website to view the full range of contract plans, platform services, and relevant terms.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
A single trial readout just doubled a company’s market value in one session. Perplexity AI predicts the rerating continues, and the price prediction places Moderna at $180 to $240 by the end of 2026 with a $210 bullish base case.
The catalyst is Intismeran, the personalized mRNA cancer vaccine. Perplexity calls it the dominant valuation driver going forward. The Phase 3 INTerpath-001 melanoma trial met both primary endpoints. Recurrence-free survival and distant-metastasis-free survival both cleared alongside Keytruda.
That is the first late-stage validation of Moderna’s oncology platform. Perplexity frames it as potentially supporting a major melanoma-market opportunity.
Two near-term items support the case. FDA approval of mFLUSIVA adds a commercial product with revenue before oncology arrives. Even more, its reduced 2026 cost guidance improves cash-burn expectations. Together, they buy time for the oncology thesis to develop.
The risks are all data-dependent. Disappointing hazard ratios sit at the top of the list. Overall-survival data, pricing, and approval timing follow. Any of those could drive the stock toward $125 to $150.
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Moderna (MRNA) Price Prediction: Perplexity AI Predicts One Melanoma Trial Rewrites The Entire Company
The daily chart shows a four-year collapse followed by a violent reversal. Moderna peaked near $170 in mid-2024 before entering a prolonged decline. That slide carried the price from $120 down to roughly $23 by late 2025. A base formed there through the autumn.
In early 2026, the recovery began, lifting prices toward $60 by March. July produced a run to $85 before a pullback. The latest session detonated. Price gapped from $116 to close at $174.38 on the trial news.
The close reads $174.38, up 176.97%, and $111.42. The daily range covered $114.46 to $176.66, with post-market at $180.17. Support sits at $150, then $120 and $85. Resistance appears at $180, then $210, and $240.
RSI reads 92.21 with its signal line far below at 52.98. That gap of nearly 40 points is extraordinary and reflects a one-day repricing rather than a trend. The oscillator is deeply overbought. Momentum is extreme, and readings at this level rarely persist without consolidation.
Perplexity’s base case sits 20% above this close. Detailed efficacy data and regulatory discussions are what decide whether the market holds this new level.
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Moderna Just Showed What One Event Can Do. Kalshi Lets You Trade the Outcome Before the Repricing.
Moderna’s 177% move is the clearest reminder that markets often spend months waiting for one binary event to settle the argument.
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Instead of buying an asset and hoping the eventual market reaction matches your thesis, users can trade directly on real-world outcomes across economics, politics, crypto, technology, sports, and other event-driven markets. You decide what you think happens, see the probability other traders are assigning to it, and take a position before the outcome is known.
That can be especially useful when a stock has already repriced violently. Moderna buyers entering after the trial result are paying for information the market now knows. Event markets are about positioning while the uncertainty still exists.
Eligible new users who join Kalshi through CryptoNews can receive $25 through our referral link.
The post Perplexity AI Predicts Whether Moderna Stock Can Make Investors Rich in 2026 appeared first on Cryptonews.
Crypto World
HSBC and Standard Chartered Run First Live Tokenized Deposit Transfer on SWIFT’s Blockchain Ledger
HSBC and Standard Chartered executed the first live tokenized deposit transaction on SWIFT’s blockchain-based ledger, the two banks said on August 19, six weeks after the network opened to an initial cohort of 17 banks.
Payment messages moved between HSBC’s Tokenized Deposit Service (TDS) and Standard Chartered’s own tokenized deposit infrastructure, with the resulting obligations recorded on both banks’ systems.
SWIFT’s ledger worked as an orchestration layer, matching and netting the obligations between the two institutions before final settlement ran through existing payment rails.
“HSBC’s interoperability transaction with Standard Chartered via SWIFT is a landmark moment for the promise of tokenised deposits,” said Lewis Sun, Head of Digital Currencies at HSBC.
Mark Willis, Head of Emerging Payments, Transaction Services and Digital Assets at Standard Chartered, noted that “tokenized deposits are a key pillar of Standard Chartered’s digital assets strategy, which aims to build end-to-end solutions.”
Ledger Runs on Hyperledger Besu
SWIFT says the ledger MVP is built on open-source foundations, using an Ethereum Virtual Machine-compatible architecture based on Hyperledger Besu, and that it is designed to integrate with the broader digital asset ecosystem.
SWIFT operates the ledger itself, handling orchestration of transaction workflows, validation of funding commitments, and coordination of interbank processes. Consensys built the conceptual prototype when Swift announced the project in September 2025.
Seventeen banks from six continents are preparing to pilot live transactions, among them ANZ, BNP Paribas, BNY, Citi, DBS, MUFG, UBS, and Wells Fargo. CryptoPotato covered that SWIFT has experimented before with moving tokenized value across public and private blockchains.
HSBC has put bank money on a ledger before, joining a S$400 million digital bond issuance with SGX and Temasek that cut primary settlement from five days to two.
“With our new ledger capability, we’re extending the trust and stability of established finance into the frontiers of digital money,” said Thierry Chilosi, Chief Business Officer at Swift.
Rival Network Targets 2027
American banks are building a competing rail. The Clearing House is developing a tokenized deposit network called The Bridge with JPMorgan Chase, Bank of America, Citigroup and Wells Fargo, targeted at the first half of 2027 and open to all US banks. Bank of America’s Mark Monaco said clients are not “beating down the door” for tokenized deposits yet.
SWIFT moves the equivalent of world GDP every two to three days across more than 200 markets. The cooperative says 75% of payments on its network reach beneficiary banks within 10 minutes.
The post HSBC and Standard Chartered Run First Live Tokenized Deposit Transfer on SWIFT’s Blockchain Ledger appeared first on CryptoPotato.
Justin Sun won a key procedural battle against Trump-backed World Liberty Financial on Thursday, keeping his personal claims against the crypto venture in public federal court rather than private arbitration.
The California judge rejected World Liberty’s attempt to force all of Sun’s claims behind closed doors. The court also ordered both sides to determine which claims involving Sun-controlled companies should remain in court and which should move to arbitration.
“The judge ruled that all of my individual claims will remain in the public courtroom,” Sun said after the hearing.
The ruling does not decide whether World Liberty acted illegally. It does, however, keep the most personal part of Sun’s dispute in a public forum, where future filings and evidence could face greater scrutiny.
Justin Sun Keeps the Pressure on World Liberty Financial
Sun sued World Liberty in April after the company froze WLFI tokens linked to him. He alleges World Liberty secretly added controls that allowed it to restrict or destroy tokens and later used those powers against him.
World Liberty denies wrongdoing and says Sun violated agreements governing his holdings.
The cleanest way to understand the Justin Sun–World Liberty Financial fight is that it started as one of the closest alliances in Trump crypto and has turned into a fight over hundreds of millions of dollars.
Sun invested $45 million in WLFI during its early token sale and became one of the project’s largest backers.
World Liberty has since accused Sun of improperly moving tokens and participating in activity designed to pressure WLFI’s price. Sun denies those claims.
WLFI has remained volatile as the legal battle has intensified, adding another layer of uncertainty around a token already facing questions over governance, unlock schedules and issuer control.
The fight now moves back toward the substance of Sun’s claims. World Liberty still has avenues to seek dismissal, meaning Thursday’s ruling keeps the case alive in public without deciding who ultimately wins.
The post Justin Sun Wins Key Court Battle Against Trump-Backed World Liberty Financial appeared first on BeInCrypto.
XRP price climbed roughly +15% overnight to trade near $1.15, reclaiming the psychologically important $1 level after weeks of chop, and XRP analyst Dark Defender argues the move confirms a completed “triple dip” on the weekly chart.
The call comes with eye-catching Elliott Wave targets of $5.8563 and $9.0362, numbers that demand scrutiny given how far removed they are from the spot price and how thin the confirmation actually is.
XRP Price Analysis: The Triple-Dip Case and Its Speculative Ceiling
Before XRP can test those numbers, it needs to clear a stack of resistance: roughly $1.20–$1.30, then $1.50, then $1.88, each a prior structural pivot on the weekly chart.
Holding $1 is treated as the line in the sand; a close back below it would undercut the entire Wave 5 premise the setup depends on, which is the same level recent XRP price analysis flagged as the pivotal test before any bounce could be trusted.
A Week Earlier, a Different Wave Count Called for $0.87
ripple:native The end of this Wave 2 correction could quite literally happen any hour now! — CasiTrades
pic.twitter.com/UeSBkdDSed
(@CasiTrades) August 13, 2026
The bullish framing looks very different from the technical picture CasiTrades published just over a week earlier, when XRP was trading at $1.01 following a 2.5% daily drop tied to the Senate’s failure to advance the Clarity Act before recess.
That Elliott Wave count read the same region of price action as a Wave (3)-(4)-(5) decline still in progress, projecting a bottom near $0.95, a corrective bounce to $1.00–$1.04, and a final leg down toward $0.85–$0.86, a scenario that mirrored the broader struggle around the $1 level XRP had been fighting through for weeks.
The two counts can’t both be right, and that’s the actual takeaway: Elliott Wave analysis on XRP has produced sharply divergent XRP predictions from nearly identical starting points inside a two-week window.
CasiTrades cited an RSI reading of 36.62 with a bearish divergence pattern as evidence for more downside; price action since has favored the bulls, but a single trip back below $1 would revive that bearish case, a divide that echoes the range of outcomes surfaced in other recent XRP prediction models.
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Institutional Trading Hours Build Behind the Chart Debate
This covers the overlap between London’s afternoon and New York’s morning, up from 14.3% during the same window a year earlier, according to Evernorth’s August 18 disclosure, as covered by Bitcoin.com.
Three hours a day (London’s afternoon, New York’s morning) now account for ~23% of all the XRP that changes hands on-chain. A year ago, it was ~14%.
The concentration held across all three XRPL trading venues, order books, automated market maker pools, and cross-currency payments and arrived alongside roughly $900M in RLUSD-XRP volume over six months, per Evernorth’s separate research.
Evernorth has an obvious financial stake in the institutional-adoption narrative given its pending Nasdaq listing backed by Ripple, and even the firm conceded the limits of its own data, noting: “Nothing about XRP closes at 5pm. But we’re definitely seeing some rush hours.”
Public ledger records show transaction timing and volume, not the identities of the wallets moving the funds. Evernorth’s own disclosure states plainly that the data cannot confirm whether banks, trading desks, or automated systems are driving the shift, meaning the institutional-demand framing that propped up bullish XRP price narratives remains circumstantial rather than proven.
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The post XRP Reclaims $1 as Conflicting Wave Counts Split the Outlook appeared first on Cryptonews.
Three days in August did more for sentiment than the previous three months. ChatGPT AI predicts that the shift holds, and the price prediction places Bitcoin at $95,000 to $110,000 by the end of 2026, with $102,000 as the base case.
The strongest near-term signal is renewed demand. U.S. spot Bitcoin ETFs attracted $297.5 million on August 17. That reversed several sessions of outflows. ChatGPT reads it as potentially restoring sustained marginal buying. Following it, the regulation moved a day later. The SEC proposed its new Regulation Crypto Assets framework on August 18.
That reduces policy uncertainty around U.S. crypto markets. Rules people can plan against are worth more than favorable rules that might change.
The CLARITY Act sits behind both. It has cleared Senate Banking and remains positioned for Senate action, which would further improve market confidence if passed. The bear case reverses the same mechanics. A renewed ETF-flow reversal is the first risk.
Macro tightening compounds it. Together, they could send BTC back toward $55,000 to $60,000.
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Bitcoin Price Prediction: ChatGPT AI Predicts Three August Days Reset The Whole Setup
The daily chart shows a downtrend that just broke. Bitcoin peaked near $126,000 last October before rolling over. November and December cut price toward $80,000. February brought the capitulation leg down near $59,000. Spring recovered to $82,000 by May, before June erased it. The low arrived around $58,000.
July and August built a base with rising lows. The latest session then broke the descending resistance line that had capped every bounce since June.
The close reads $68,746, up 6.28% and $4,060 on the day. The daily range covered $64,113 to $69,749. Support sits at $65,000, then $60,000 and $58,000. Resistance appears at $72,000, then $76,000 and $82,000.
RSI reads 72.11 with its signal line far below at 50.75. That gap of more than 21 points is exceptionally wide and reflects a violent momentum shift. The oscillator has also pushed into overbought territory. Momentum is strongly bullish, though a reading this stretched often invites consolidation.
ChatGPT’s base case sits 48% above this level. Holding above the broken trendline is what turns a single strong day into a trend.
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Bitcoin Just Repriced Three Catalysts in Three Days. Kalshi Lets Traders Price the Next One First.
Bitcoin’s latest move shows how quickly markets can react when several catalysts arrive at once. The harder question is what happens before the next headline hits.
Kalshi gives traders a way to position around those outcomes directly.
Its markets cover real-world events across crypto, regulation, economics, Fed policy, politics, and other catalysts capable of shifting asset prices. Instead of buying Bitcoin every time you expect favorable news, you can trade your view on the event itself and see the probability the market is assigning to that outcome.
That becomes especially useful when BTC is already overbought after a 6% daily move. The next ETF-flow print, regulatory decision, or Senate development could matter, but the Bitcoin reaction may be crowded before it arrives.
Kalshi offers another way to trade the thesis before it becomes another candle on the chart.
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The post We Asked Sam Altman ChatGPT AI Where Bitcoin Will Be at the End of 2026 appeared first on Cryptonews.
Three years of development have just become a live production system. Meta AI predicts that changes the argument entirely, and the price prediction places Solana at $180 to $250 by the end of 2026, with a $210 base case from $83 today.
The framing matters as much as the numbers. Meta AI calls this bull case technical and flow-driven rather than narrative. Firedancer is live on mainnet after three years of building. More than 20% of validators already run it, with 1M TPS demonstrated in lab conditions.
That removes single-client risk. It also unblocks high-frequency DeFi and payments volume that could not previously exist here. Alpenglow hit test cluster on May 11 with mainnet guided for Q3 2026 by Yakovenko. It cuts finality from 12 to 13 seconds down to roughly 150ms.
Faster settlement improves trading certainty and app experience directly. Flows are arriving alongside the technology.
Spot ETF flows just crossed $1.06B cumulative, with Bitwise BSOL dominating while Fidelity and others add daily. Forward Industries added a treasury bid of 500k SOL near $79, bringing 7.55M SOL staked, and the bear case is an Alpenglow delay or a break below $70 that exposes $55.
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Solana Price Prediction: Meta AI Predicts Three Years Of Building Finally Reaches Production
The daily chart just resolved a two-month squeeze. SOL traded between $86 and $98 through spring before breaking down in June.
That drop carved a low near $61. Buyers stepped in immediately and built a rising trendline from there.
July produced a bounce to $84 that failed against descending resistance. August compressed price between those two converging lines.
The latest session broke that pattern decisively. SOL cleared the upper boundary and closed near the highs.
The close reads $83.89, up 8.93% and $6.88. The daily range covered $76.58 to $84.29.
Support sits at $79 at the broken resistance line, then $70 and $61. Resistance appears at $88, then $92 and $98.
RSI reads 73.04 with its signal line well below at 53.42. That gap of nearly 20 points confirms an abrupt shift in buying pressure.
The oscillator has entered overbought territory. Momentum is strongly bullish, though such readings often precede a pause.
Meta AI’s base case needs a 150% move from here. Alpenglow reaching mainnet in Q3 is the event that would justify the market underwriting it.
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Solana Just Delivered the Breakout. Kalshi Lets Traders Position for the Next Catalyst Before Price Does.
SOL has already reacted to Firedancer. The next question is whether Alpenglow reaches mainnet on schedule and gives the market another reason to reprice the network.
Kalshi is built for that kind of event-driven setup.
The platform lets users trade directly on real-world outcomes across crypto, regulation, economics, Fed policy, politics, and other market-moving events. Instead of buying SOL and taking exposure to every variable affecting the token, traders can isolate the specific outcome they actually have conviction in.
That distinction matters after a nearly 9% daily move. Price has already absorbed part of the bullish story, while the next major catalyst still sits ahead.
Kalshi gives traders another way to express that view before the event becomes another breakout candle.
Eligible new users who sign up through CryptoNews can also receive $25 through our referral link.
The post Mark Zuckerberg Meta AI Predicts a Price for Solana By The End of 2026 appeared first on Cryptonews.
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