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Salesforce stock closed the week of Aug. 24 up 22.4%, its sharpest weekly gain in years, after record quarterly results and an expanded Anthropic partnership.

The rally broke a 20-month downtrend and lifted Salesforce (CRM) out of its spot as the worst-performing Dow stock of 2026.

Record Quarter and Claudeforce Deal Reset the Bear Case

Salesforce reported second-quarter revenue of $11.3 billion, up 11% year over year. Current remaining performance obligations climbed 14% in constant currency to $33.5 billion.

Agentforce’s annual recurring revenue passed $1.5 billion, a 240% increase. Management raised full-year guidance to a range of $46.1 billion to $46.4 billion.

Anthropic and the company announced Claudeforce the same evening, embedding Claude models across enterprise workflows. That answered the argument that AI agents would replace seat-based software.

Investors had priced that argument aggressively. Salesforce traded about 35% lower on the year at its July low.

One caveat matters. Roughly $2.43 per share of the earnings beat came from a gain on the company’s own Anthropic stake.

Weekly Chart Confirms a 20-Month Breakout

The weekly chart shows the price clearing the descending trendline that capped every rally since January 2025. CRM also reclaimed its 200-week moving average near $232.

That average held as support four times before giving way in early 2026. Weekly volume printed the largest bar on the chart, while RSI returned to 70.

CRM Price Prediction Points to $282 With $230 as the Floor

The daily chart dates the break to Aug. 19 and a retest at $198.95 on Aug. 26. Price then gapped open at $230.05, landing on the 0.382 Fibonacci retracement.

CRM last closed at $256.93, stalling at the 0.5 retracement of $256.71. A move above the December swing high near $267 could open $282.76, about 10% higher.

Support sits at $230.65, where the 0.382 level, the rising Supertrend, and the 200-week average converge. A break below would likely bring $198.42 back into view.

Momentum suggests patience. Daily RSI near 80 and a price 37% above the 50-day average indicate a stretched move. Nvidia traders watched a similar earnings pop fade last week.

Holding $230 keeps the breakout intact. Losing it would mark the gap as an overshoot.

The post Salesforce Stock Up 22% in a Week After Anthropic Deal, Breaking 20-Month Downtrend appeared first on BeInCrypto.

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[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, September 3rd, 2026]

DWF Labs, an established, market-tested investor and market maker built to strengthen digital asset market infrastructure at scale, today announced an expansion of its global regulatory footprint with a group entity granted Virtual Asset Service Provider (VASP) regulatory approval from the British Virgin Islands Financial Services Commission (BVI FSC).

Granted under the BVI’s Virtual Assets Service Providers Act 2022, the approval authorizes DWF Labs as a registered VASP, to provide the exchange of one or more forms of virtual assets, as well as to participate in, and provide financial services related to an issuer’s offer and/or sale of a virtual asset.

The approval enables institutional clients access to DWF Labs’ integrated OTC trading and market making capabilities, including spot trading across thousands of digital assets and stablecoins, through a regulated BVI entity. It also strengthens the company’s ability to deliver investment, incubation and ecosystem development services to support token issuers and digital asset projects on a global scale.

The BVI has established itself as a leading jurisdiction for decentralized ledger deployments and structured real-world asset (RWA) tokenization. The territory now represents nearly 10% of the global tokenization US treasuries market, with $1.5 billion in distributed value. BVI-domiciled entities also facilitate more than $1.2 billion in active, circulating stablecoins – figures underpinned by more than 24,700 stablecoin asset holders and weekly transfer volumes of $694.1 million. These figures (Source: rwa.xyz treasuries and stablecoins) reflect the strength of both the regulatory and market infrastructure DWF Labs is now positioned to operate within.

Heng Lee, Managing Director and Partner at DWF Labs said, “The Virtual Asset Service Provider (VASP) approval from the British Virgin Islands Financial Services Commission (BVI FSC) is a key step in responsibly expanding and delivering DWF Labs’ regulated digital asset services to international institutional clients.”

“As the digital asset market and industry continue to mature, and adoption increases, this addition to our regulatory framework will enable us to deliver a broader range of solutions, products, and services, while reinforcing our focus upon transparency and governance.”

DWF Labs will continue to expand its regulatory footprint across key global markets, supporting its international growth strategy and commitment to operating within robust regulatory frameworks.

About DWF Labs

Established in 2022, DWF Labs is an investor and market maker, focused on giving builders the capital, liquidity, expertise, and partnerships needed to take ideas from concept to scale. DWF Labs is among the world’s largest high-frequency digital asset trading organizations, active on more than 80 centralized and decentralized exchanges. The firm supports over 20% of CoinMarketCap’s Top 100 projects and 35% of its Top 1,000, and has worked with more than 1,000 blockchain companies across Layer 1 and Layer 2 networks, DeFi, gaming, AI, payments, infrastructure, and tokenization.

The firm’s work is organized across four business lines: Liquidity (institutional market making and liquidity provision), Investment and Incubation (strategic capital and token advisory for emerging projects), Ecosystem Development (go-to-market support), and OTC and Structured Markets (tailored trading solutions for institutions, funds, and protocol treasuries). DWF Labs also founded and incubated Falcon Finance, a synthetic dollar and universal collateralization protocol.

DWF Labs operates a globally distributed team on a 24/7/365 basis.

For more information, visit www.dwf-labs.com, or follow DWF Labs on X, LinkedIn, and Telegram.

The post DWF Labs Expands Global Regulatory Footprint with BVI Virtual Asset Service Provider Approval appeared first on CryptoPotato.

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The native token of Pi Network has rebounded from its all-time low set earlier this summer, and many market observers now anticipate further gains in the near future.

Certain technical indicators also support the bullish perspective.

Breakout Setup?

PI currently trades at around $0.094 (per CoinGecko), representing a 13% monthly surge and a 34% increase from its July historic bottom. Its market capitalization has climbed back over the psychological $1 billion mark, making it the 68th-largest cryptocurrency.

X user OxNeena noted that the token is holding a key support zone around $0.09-$0.10 after a long consolidation, foreseeing a major push above $0.30 if bulls reclaim $0.20.

Nakamoto Files and CT News also weighed in. The former claimed that “something is moving behind the scenes” at Pi Network, arguing that PI might be gearing up for a move that nobody expects.

“The ecosystem is evolving. The pieces are falling into place. Is the PI wave finally coming?” they asked.

For their part, CT News highlighted Bitcoin’s solid performance throughout August, adding that PI remains near the floor. In their view, if the next altcoin rotation reaches Pi Network, the token could move much faster than people expect.

“The sleeping giant may not stay asleep forever,” the X user added.

PI’s Relative Strength Index (RSI) supports the positive scenario. The ratio has plunged to nearly 30 on a weekly scale, suggesting that the coin is nearing oversold territory, which is typically seen as a buying opportunity.

Of course, not all are so optimistic. Crypto With Gopal opined that PI has formed a rising wedge, with price grinding higher within the formation and momentum compressed near the $0.095 resistance.

“A breakdown could send PI toward the $0.085 target. Bears are watching the wedge closely – short-term sentiment leans bearish,” he estimated.

Burning Mechanism on the Way?

Lately, there has been growing speculation that the controversial crypto project is on the verge of integrating a burning program that could reduce the token’s supply and positively impact the price. Recall that years ago, the meme coin Shiba Inu implemented such a mechanism, and since then the team and community have burned over 410.8 trillion units.

According to the X account BSCN, there is little chance that Pi Network will run such an extensive burn program. PiNews360 also rejected the possibility, saying:

“Pi Network is never going to burn tokens from its 100 billion PI total supply. Pi is never going to be 100% mined; it will take hundreds of years to fully mine. Pi is going to be successful as a long-term project because of its simple mobile mining technology and its growing ecosystem.

Pi is going to become one of the most widely used cryptocurrencies for day-to-day activities, developing in parallel with AI. Pi is going to be a tough competitor to BTC, ETH, and XRP. The day Pi starts burning its token supply could be the beginning of Pi’s collapse, due to the failure of its inclusive model for a massive community.”

The post Top Pi Network Price Predictions as PI Rises 13% in a Month appeared first on CryptoPotato.

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Arthur Hayes, the chief investment officer of crypto family office Maelstrom, said in an essay published Thursday that traders should stop paying attention to Fed Chair Kevin Warsh’s hawkish comments and instead watch the euro-yen exchange rate for early signs of fresh dollar liquidity.

He argued that mounting funding stress at French banks will eventually force the Federal Reserve to print money to keep the US repo market working, a dynamic he sees as bullish for Bitcoin and the wider crypto market.

Hayes Points to EUR/JPY as His Liquidity Gauge

Hayes said EUR/JPY, trading near 185 at the time of writing, will fall to 140 or lower by next June. He tied that forecast to Treasury Secretary Scott Bessent’s effort to weaken the euro and strengthen the currencies of US allies in Asia, meant to make American exports more competitive.

Rather than let Japan, South Korea, and Taiwan sell their dollar holdings outright, Hayes said the plan is to route that capital through the Fed’s FIMA repo facility, and he noted Bessent has already sold euros for yen through the Treasury’s Exchange Stabilization Fund.

The bigger risk, in his view, sits with French banks. He named BNP Paribas, Credit Agricole, and Societe Generale, which together handle roughly a fifth of US repo lending, and pointed to widening French government bond spreads and capital leaving French banks as signs that foreign lenders are pulling back.

If those banks retreat from repo lending, Hayes expects the New York Fed to lean harder on its RPM program, which already buys 39% of T-bill issuance, to keep the market funded.

That program has grown the balance sheet by about $22 billion a month since December, and Hayes said the pace could climb toward $100 billion if the Treasury steps up long-end bond purchases too.

He dismissed Warsh directly, writing, “I don’t pay attention to anything Warsh says.” Maelstrom’s portfolio, he added, keeps Bitcoin at its core long-term holding with year-end 2026 price targets of $10,000 for ETH and $0.50 for ENA.

A Hawkish Fed and a Choppy Bitcoin

Hayes’ essay comes about a week after Warsh’s hawkish Jackson Hole speech, which hit Bitcoin hard.

As CryptoPotato reported then, the OG cryptocurrency dropped by $3,000 within hours of that address, slipping under $77,000 after Warsh said the Fed’s 2% inflation target was “firm and fixed” and downplayed recent encouraging inflation data. Rate-hike odds for September then jumped from about a third to roughly 60% in the aftermath.

Bitcoin has stayed choppy since, with the asset turned away from $79,000 more than once before another leg down pushed it under $76,500, the lowest level in ten days, after renewed US-Iran strikes rattled markets.

However, at the time of writing, it had clawed its way back up and was trading closer to $78,000 than $77,000, pushing its gains over the last 30 days to almost 22%.

The post Arthur Hayes Says Ignore Warsh and Watch EUR/JPY for Bitcoin’s Next Move appeared first on CryptoPotato.

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