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XRP Price Prediction: $1.50 Pullback, or End of the Rally?

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XRP trades at just under $1.50 after failing to hold the handle. The question now is whether this is a routine cooldown or the start of something uglier. Here’s our full XRP price prediction.

Just last week, XRP spiked over 20%, briefly touching $1.70 on August 22, its highest print since January. The rally unwound fast once Bitcoin stalled near $80,000 and dropped below $76,000, triggering a market-wide leverage flush that dragged XRP down with it.

Daily RSI hit roughly 80, way overbought territory, just right as price hit the $1.70 resistance zone, an area stacked with trapped longs from multiple 2025 swing highs looking to break even.

Bitcoin has since clawed back to around $77K, but the broader market has largely priced in last week’s positive catalysts and needs something new to keep pushing higher. For XRP specifically, that “something new” has a name and a date: the Clarity Act, potentially hitting the Senate floor in mid-September.

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XRP Price Prediction: Hit $1.70 Again This Week?

XRP is consolidating in a tight band between $1.45 support and $1.51 resistance, with the daily pivot sitting at $1.49, essentially a coin flip zone. Volume has cooled from last week’s frenzy, a sign the FOMO-driven buying has largely exhausted itself for now.

Trading above every major daily moving average still technically favors bulls, but stretched momentum after a 51-52% weekly gain rarely resolves cleanly. If A Senate vote on the Clarity Act in September removes regulatory overhang, spot volume could surge, and XRP could clear $1.70 to challenge $2 and eventually $3.

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However, price could chop in the $1.40-$1.51 range while the market waits for a catalyst, testing patience more than conviction. A clean break below $1.45 opens the door to the 0.382 Fibonacci support at $1.35-$1.40, with deeper structural floors at $1.25 and $1.18 if momentum fully unwinds.

A bullish structure survives a test of $1.35, but it won’t survive a break below it.

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LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

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Anyone who bought XRP under $1.20 last week is sitting comfortably. But here’s the uncomfortable math: even a clean breakout to $3 from here is roughly a 2x from current levels. It’s solid, but not the kind of move that changes a portfolio’s trajectory.

At XRP’s market cap, the era of 50x moves is over. That capital has to go somewhere if traders want asymmetric upside, and increasingly it’s rotating toward earlier-stage infrastructure plays.

LiquidChain is one of the presales absorbing that rotation. It’s a Layer 3 execution environment fusing Bitcoin, Ethereum, and Solana liquidity into a single unified layer. With Liquid, developers deploy once and reach all three ecosystems, rather than fragmenting liquidity across chains.

The presale sits at $0.0149 per token with $950K raised so far, still 100X from here to the current XRP price.

Core features include Single-Step Execution and Verifiable Settlement, both aimed at solving the cross-chain liquidity fragmentation problem that’s plagued DeFi for years.

Research LiquidChain while the raise is still active.

Discover: The Best Crypto to Diversify Your Portfolio

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Polymarket Trump Impeachment Odds Turn on Control of Congress

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Polymarket Trump Impeachment Odds Turn on Control of Congress

Prediction Market Polymarket traders price a House impeachment of Donald Trump before his term ends at roughly 68%, against a fraction of that, around 2%, for the same outcome landing before December 31, 2026.

That 33x spread between two contracts asking a nearly identical question is the real story: it’s not a prediction that impeachment is coming, it’s a market pricing the calendar and congressional arithmetic separately from the politics.

The Contract Split: Two Clocks, One President

Polymarket’s “Will Trump be impeached before his term ends?” market resolves “Yes” if the House passes at least one article of impeachment by simple majority any time before January 20, 2029.

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As of its last update on August 24, 2026, that contract was trading around 68%, on roughly $94,463 in cumulative volume since the market opened on March 19, 2026.

Source: Polymarket

A separate, shorter-dated contract asks the same question but caps the window at December 31, 2026, before the newly elected House even takes its committee assignments. That contract has traded at a premium of closer to 2%, according to Polymarket pricing referenced in Washington Examiner coverage of the market.

Same event, same officeholder, wildly different implied probability, because the two contracts are betting on different Congresses.

Why the Math Changes After the Midterms

Republicans currently hold narrow majorities in both chambers, and a GOP-controlled House has no institutional incentive to advance articles of impeachment against a Republican president absent a major break within the party.

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That’s the entire explanation for the 2% price: it’s a bet that this specific Congress will act before its term expires, and the base rate for that is close to zero.

The 68% figure prices in something structurally different, the 2026 midterms. If Democrats retake the House, they gain subpoena power, Judiciary Committee control, and the ability to schedule a floor vote on their own terms, none of which exists under the current majority.

Forecasters tracking generic ballot trends have generally shown Democrats favored or competitive to flip the chamber, and Polymarket’s long-dated contract is effectively a compounded bet: probability of a Democratic House multiplied by the probability that a Democratic majority actually brings articles to a vote sometime in the roughly two years of runway that follow.

Prediction markets have increasingly become the fastest-moving gauge for exactly this kind of time-bound political risk. The same dynamic played out in Kalshi’s government shutdown odds market, where prices fluctuated in lockstep with the legislative calendar rather than with sentiment alone.

The mechanism is identical here: traders aren’t voting on whether Trump deserves impeachment, they’re pricing the sequence of procedural gates that would have to open first.

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Impeachment Is Not Removal, And Markets Know It

Both Polymarket contracts resolve on House passage alone. Neither requires a Senate trial, conviction, or removal from office to settle “Yes.” That distinction matters enormously for how these odds should be read, and it’s grounded directly in constitutional mechanics rather than market convention.

Per the Congressional Research Service’s report on House impeachment procedure, the House impeaches by a simple majority vote adopting articles, effectively a formal accusation, comparable to a criminal indictment.

Removal is an entirely separate Senate proceeding requiring a two-thirds vote of senators present to convict, and disqualification from future office requires only a majority vote as a distinct, additional step.

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The CRS report notes the House has impeached three presidents, Andrew Johnson in 1868, Bill Clinton in 1998, and Trump himself in both 2019 and 2021, and in every case, the Senate declined to convict.

A 68% price on House impeachment therefore says nothing about the far higher bar of Senate removal, which is a structurally separate market question entirely.

When the Calendar Changes the Odds, Prediction Market Kalshi Lets Traders Price the Trump And Political Path Directly

The Trump impeachment markets show why political probabilities can swing dramatically without anyone changing their underlying view of the politician involved. What changes is the path: elections, congressional control, committee power, deadlines, and the number of procedural steps still left.

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Kalshi gives traders a way to take positions directly on those kinds of political outcomes.

Rather than trying to translate a House flip, impeachment vote, or government funding fight into a stock, Bitcoin, or bond trade, users can focus on the event itself and the exact conditions required for the contract to settle.

That distinction matters when two similar-looking questions can carry wildly different probabilities simply because one has months to resolve and the other has years.

For traders already thinking in terms of congressional arithmetic and timing, Kalshi turns that thesis into a market of its own.

Eligible new users who join Kalshi through CryptoNews can also receive $25 through our referral link.

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Zcash (ZEC) Explodes to an 8-Year High, But an Analyst Warns of a Major Crash

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ZEC is one of the best-performing top 100 cryptocurrencies over the past week, with its price surging by nearly 65%.

And while many market observers believe the bulls aren’t done yet, one analyst warned that a violent move south could come next. Here’s why.

ZEC is Not BTC

The cryptocurrency market has enjoyed a sudden and evident resurgence over the last several days, following the monetary policy changes in the US announced by the Treasury Department, among other factors.

ZEC caught the green wave and rallied harder than BTC, ETH, XRP, and many other popular cryptocurrencies, probably because another catalyst directly affected it. As CryptoPotato reported, the leading digital asset manager Grayscale revealed discussions with a Digital Currency Group (DCG) subsidiary over a contribution of roughly 200,000 ZEC to its Zcash Trust. Later, it was revealed that the product would be converted into an ETF, with the launch scheduled for August 25.

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ZEC’s price briefly jumped to roughly $880 on August 23, representing the highest mark since January 2018. In the following hours, the bulls lost some steam, and the asset currently trades at around $848 (per CoinGecko), with a market capitalization of over $14 billion.

X user jussy recently opined that ZEC “is looking good” after its solid increase, anticipating further gains to $930 if it successfully breaks $850. For their part, Crypto Tony claimed that $1,000 is the minimum of the cycle.

Contrary to the predominant optimistic views, Crypto with Harris ₿ argued that ZEC’s “real value” lies below $500. The analyst reminded about the critical vulnerability Zcash experienced earlier this year, which triggered a massive price collapse. Back then, the crash prompted some prominent industry figures, such as Arthur Hayes, to sell their entire positions in the coin.

Crypto with Harris ₿ paid close attention to ZEC’s chart and noted that the price is well above its daily averages and even the upper Bollinger Band. In their view, this is proof that the move has already been “extremely stretched,” warning people to be aware of influencers who project rallies beyond $2,000.

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“ZEC is ZEC. It is not Bitcoin,” they concluded.

Another Bearish Sign

Anyone looking to engage with ZEC should also take into account its recent exchange net flow.

Over the last several days, inflows have far outpaced outflows, indicating that many investors have abandoned self-custody and flocked to centralized platforms. This is considered a bearish signal as it increases immediate selling pressure.

ZEC Exchange Netflow
ZEC Exchange Netflow, Source: CoinGlass

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Germany Expands MiCA Role as EU Register Adds 6 More Banks

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Crypto Breaking News

Germany has extended its lead in the EU’s MiCA licensing rollout, after ESMA added six more crypto asset service providers registered under the Markets in Crypto-Assets Regulation. With the latest update, the total number of authorized CASPs across the European Union now stands at 331.

In the previous ESMA register update on Aug. 12, the additions were also reflected in the count. The most recent change, released on Friday, specifically increases Germany’s share by adding six German cooperative banks to the list of licensed entities.

Key takeaways

  • ESMA’s MiCA register now lists 331 authorized crypto asset service providers (CASPs) after Friday’s update.
  • Germany added six new CASPs, all cooperative banks, bringing the country’s total to 79.
  • Germany leads the EU standings by CASPs, ahead of France (35) and the Netherlands (29).
  • ESMA’s non-CASPs datasets tied to asset-referenced tokens (ART), electronic money tokens (EMT), and non-compliant entities were unchanged.

ESMA adds six German cooperative banks

According to ESMA’s MiCA register update published on Friday, six entities were added to the list of authorized crypto asset service providers. Compared with the Aug. 12 update, each of the newly registered providers is German and operates as a cooperative bank:

  • Raiffeisenbank Aidlingen
  • Ihre Volksbank
  • VR-Bank Mittelfranken Mitte
  • Volksbank Euskirchen
  • VR Bank Ried-Überwald
  • Volksbank Backnang

This expansion reinforces Germany’s position as the most active EU market in terms of MiCA authorizations, at a time when investors are watching which jurisdictions are moving fastest through the new regulatory framework.

Germany’s MiCA authorization gap widens

Germany now accounts for 79 CASPs under MiCA, compared with France’s 35 and the Netherlands’ 29, based on ESMA figures previously reviewed by Cointelegraph. The country’s lead has also been building quickly: Germany’s total stood at 57 CASPs in late June, when Cointelegraph reported that Germany was already ahead in the number of authorizations.

The pace matters because MiCA authorization is a prerequisite for compliant crypto-asset services across the EU. A larger number of authorized providers can translate into broader availability of regulated services for users in that country and potentially more competition among licensed entities.

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Why Germany has more CASPs than its peers

Germany’s higher authorization count reflects structural features of its financial sector and how existing regulatory pathways mapped onto MiCA’s implementation. In June, Germany’s Federal Financial Supervisory Authority (BaFin) told Cointelegraph that the high number of MiCA authorizations is partly due to the country’s large financial industry and the number of credit institutions that are eligible to offer crypto services.

BaFin also pointed to Germany’s earlier national licensing regime. The regulator said that this established framework allowed some CASPs to benefit from simplified authorization procedures during the transition to MiCA, helping explain why the authorizations in Germany accelerated earlier and at a higher volume than in some other jurisdictions.

Token-category registers remain stable

Beyond the CASP register, ESMA maintains datasets related to specific token classifications. In the Friday update, those token-category datasets did not change: the asset-referenced token (ART) register remained empty, the electronic money token (EMT) register continued to show 43 entries, and the list of non-compliant entities stayed at 167.

For market participants, these static figures are useful context. While the number of licensed service providers is climbing, the token-category registers indicate that the regulatory focus is still separating the licensing progress of service firms from the readiness and reporting status of token issuers or categories tracked under ESMA’s framework.

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Readers should watch the next ESMA register releases for whether Germany’s additions continue at the same pace, and whether any movement appears in the ART and non-compliant entity datasets—areas that remain unchanged despite growth in CASP authorizations.

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Coinbase-Linked Group Backs US Midterm Candidates Ahead of Vote

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Crypto Breaking News

Stand With Crypto, an advocacy group launched by Coinbase in 2023, has endorsed 32 candidates for U.S. House races ahead of the 2026 midterm elections. The group says the move is designed to shape federal digital-asset policy by backing lawmakers it views as credible champions for the sector.

In a notice issued Monday, Stand With Crypto framed its candidate slate as part of a broader effort to mobilize “crypto voters,” arguing that digital-asset issues may become more influential in close races where candidates seek support beyond traditional political constituencies. The organization’s executive director, Mason Lynaugh, said the timing reflects what he called an inflection point for crypto policy in Washington.

Key takeaways

  • Stand With Crypto endorsed 32 House candidates for the 2026 midterms based on their stated digital asset policy views.
  • The group is targeting competitive races where it believes its influence is most likely to matter for outcomes.
  • Stand With Crypto argues crypto voters are becoming a durable bloc that can affect tight congressional elections.
  • The push lands as the Senate’s next steps on the Digital Asset Market Clarity (CLARITY) Act remain uncertain.

A targeted endorsement strategy for 2026

Stand With Crypto said its slate is intended to influence how digital assets are regulated and overseen at the federal level. The group did not present a full list of criteria in the notice excerpt, but it characterized the backed candidates as “proven digital asset policy champions” and emphasized its focus on races most likely to swing based on its outreach.

The endorsement announcement follows earlier activity from the organization. It previously unveiled initial endorsements in March as part of its broader midterm plan, describing a battleground approach meant to help candidates move from their primaries into the November election. According to the notice, that initial tranche included three Republicans and three Democrats who advanced to the general election.

While the group’s messaging is political, it arrives in a wider environment where crypto-linked spending has increasingly intersected with U.S. election cycles. During the 2024 election cycle, organizations and political action committees backed by crypto companies spent more than $170 million to support candidates they believed would be favorable to the industry, and many of those candidates won, according to the notice.

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Why the midterms matter for crypto legislation

Stand With Crypto’s endorsement push is anchored to the argument that congressional elections can determine whether major crypto policy proposals move forward. The group pointed to the 2025 flow of pro-crypto candidates into Congress, claiming that more than 270 such candidates were sent to Washington in 2025—an outcome the organization linked to potential progress on legislation, including the GENIUS Act, which concerns stablecoin-related frameworks.

For investors and builders, the practical implication is straightforward: crypto policy is still shaped less by broad market narratives and more by whether specific bills gain traction in both chambers and the extent to which lawmakers treat digital-asset regulation as a near-term priority. In that sense, the group’s focus on competitive House seats fits a common legislative dynamic—narrow margins in the House can change committee influence and voting outcomes.

At the same time, the organization’s claims about crypto voters being a “durable, motivated” bloc reflect a strategic bet: that voters attentive to digital-asset issues may be sufficiently organized to affect campaigns even when crypto does not dominate national headlines.

CLARITY still faces timing risk in the Senate

Separate from the endorsement slate, the legislative timeline for one of the sector’s key policy proposals remains a live issue. The Digital Asset Market Clarity (CLARITY) Act, which the House passed with bipartisan support in July 2025, is still pending in the Senate. The notice highlights that Senate discussions have included topics such as ethics requirements, tokenization provisions, and stablecoin rewards.

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Under the current schedule described in the coverage, CLARITY is expected to be considered through a cloture motion once the Senate returns from recess on Sept. 15. However, the Senate would have only 14 days in session before breaking ahead of the November election, creating a narrow window for the bill to advance.

After the midterms, the Senate would have another 22 days before 2027 to bring CLARITY back to the chamber. If the bill reaches final action in that later period, it could then return to the House and ultimately move to the president for approval.

The notice also points to political pressure on the Senate in the immediate term. Earlier coverage cited the president, Donald Trump, standing alongside several crypto CEOs and executives to urge lawmakers to pass what he described as a “fair version” of CLARITY. That push, however, may face credibility hurdles given the broader public scrutiny around Trump’s financial ties to the industry, with a cited poll showing a majority of Americans calling those crypto investments not “appropriate.”

For market participants, these dynamics matter because the Senate calendar and the bill’s handling—whether it can be processed in time to clear major procedural hurdles—could determine whether a clearer regulatory structure arrives before or after the 2026 election cycle. Even when legislation is broadly supported, procedural delays can push outcomes into later sessions and lengthen uncertainty around implementation.

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What to watch next

As the 2026 midterm clock moves forward, attention should track not only which candidates Stand With Crypto supports, but also whether CLARITY can progress through the Senate in the limited post-recess window. The biggest open question for the next phase of U.S. crypto regulation remains timing: whether lawmakers can convert the legislative momentum already shown in the House into Senate action before politics and procedural constraints reshuffle priorities.

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Bitcoin nears $80,000, but analysts say the next pullback will be key

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Bitcoin nears $80,000, but analysts say the next pullback will be key


Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.

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HR World Summit South Africa Returns to Johannesburg for Its 5th Edition

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Crypto Breaking News

Bringing Together HR Leaders to Shape the Modern Workplace in South Africa

16th September 2026 | Johannesburg, South Africa

Johannesburg, 3 July 2026: As South Africa’s business landscape evolves in response to rapid technological advancement, changing workforce expectations, and increasing economic complexity, the role of Human Resources has become more strategic than ever before. Today, HR leaders are responsible for workforce planning, leadership development, employee experience, skills transformation, and building organisational capability while aligning people strategies with business priorities.

Recognizing the critical role of HR in shaping the evolving workforce, Exito Media Concepts, a global B2B events organiser, announces the 5th Edition of HR World Summit South Africa 2026, taking place on 16 September 2026 at Focus Rooms – Universe, Johannesburg. Designed as a platform for industry discussions and networking, the summit will bring together more than 200 CHROs, HR Directors, People & Culture Leaders, Talent Acquisition Heads, Learning & Development Executives, Employee Experience Specialists, business leaders, and solution providers to discuss workforce planning, leadership, talent strategy, and the future of work.

Through keynote presentations, panel discussions, fireside conversations, and interactive sessions, attendees will explore strategies for addressing today’s workforce challenges and preparing organisations for AI adoption, evolving workforce expectations, and future skills requirements. The summit offers HR leaders an opportunity to exchange ideas, build strategic partnerships, and explore current workforce trends.

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Shaping the Next Chapter of Work and Leadership

organisations across South Africa are adapting to rapid technological advances, changing workforce expectations, and shifting business priorities. Technologies such as artificial intelligence (AI), automation, and data-driven decision-making are redefining how organisations operate, compete, and manage their workforces.

To remain adaptable, organisations must rethink traditional approaches to leadership, talent management, learning, employee wellbeing, and organisational culture. HR leaders are integrating AI into HR processes, strengthening employee engagement, expanding learning and development initiatives, and building skills needed for an increasingly digital workplace. The summit agenda addresses these priorities through industry discussions, case studies, and real-world examples.

The agenda focuses on the key workforce priorities shaping HR strategy across South African organisations.

Key discussions will include:

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  • Navigating Work, Leadership, and Innovation in a rapidly changing business landscape
  • Exploring the role of Artificial Intelligence in HR and workforce planning
  • Strengthening employee wellbeing and workforce engagement
  • Building skilled workforces for an evolving world of work
  • Developing strategies to attract, retain, and develop talent
  • Building a culture of continuous learning and skills development
  • Learning from CHROs on people, culture, and change management
  • Creating inclusive workplaces that support innovation and organisational performance

These discussions will provide practical insights, case studies, and proven approaches that HR leaders can apply across talent management, leadership development, employee experience, and workforce planning.

A Platform Where HR Leaders Shape the Future

The summit will provide delegates with practical examples of workforce transformation, leadership development, HR technology adoption, and people strategy from organisations across

South Africa.

Alongside the conference sessions, attendees will have opportunities to network with peers, connect with solution providers, and exchange real-world insights on workforce trends and workforce challenges.

Learn from South Africa’s Leading HR Visionaries

The speaker lineup includes HR leaders from organisations including:

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  • Tebogo Maenetja- Chief Human Resources Officer, MTN
  • Michele Seroke- Chief Human Resources Officer, Mediclinic
  • Nomsa Lewisa- CIO Group Human Technology, First Rand
  • Mikateko Nkuna- Valoyi, Managing Executive: Talent & Culture, Vodacom
  • Lerato Thelejane- Executive: People Change Readiness and Enablement, Absa Group

Event Details

Event: 5th Edition of HR World Summit South Africa 2026

Date: 16 September 2026

Time: 9:00 am – 5:00 pm

Venue: Focus Rooms – Universe, Johannesburg, South Africa

About Exito Media Concepts

Exito Media Concepts is a global B2B events organisation with over 16 years of experience delivering conferences across technology, cybersecurity, digital transformation, healthcare, finance, human resources, and other industries.

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Exito brings together business leaders, solution providers, and decision-makers through conferences focused on knowledge sharing, collaboration, and executive networking.

For more details on the HR World Summit South Africa 2026, visit:

https://exito-e.com/hrworldsummit/south-africa/

For Media Enquiries, please contact:

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Ashrith Shetty | Senior Marketing & PR Executive, Exito Media Concepts Email: ashrith.shetty@exito-e.com

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Coinbase-Affiliated Advocacy Group Endorses Candidates for US Midterms

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Coinbase-Affiliated Advocacy Group Endorses Candidates for US Midterms

Stand With Crypto, an advocacy organization launched by Coinbase in 2023, endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections based on their digital asset policy views. 

In a Monday notice, Stand With Crypto said its slate of 32 candidates for the 2026 midterm elections was part of efforts to influence digital asset policy in the federal government. The organization said it had endorsed politicians who were “proven digital asset policy champions,” also targeting competitive races “where Stand With Crypto advocate numbers are most likely to influence outcomes.”

“Crypto Voters have become a durable, motivated voting bloc, which has the potential to swing key congressional races in the midterms,” said Stand With Crypto executive director Mason Lynaugh, adding:

“The midterms come at a key inflection point for crypto policy in Washington, D.C. As candidates from both parties are trying to reach voters outside of more traditional constituencies, they overlook Crypto Voters at their own peril.”

The move comes as some experts expect crypto policy to be a potential swing issue for voters in many close elections. Stand With Crypto announced six candidates for its first group of endorsements in March — three Republicans and three Democrats — all of whom advanced from their primaries to compete in the November election.

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Related: Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto

During the 2024 election cycle, organizations and political action committees (PACs) backed by crypto companies spent more than $170 million supporting candidates they considered to favor the industry, many of whom went on to win their races. Stand With Crypto said that more than 270 “pro-crypto“ candidates were sent to Congress in 2025, potentially influencing votes on legislation like the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

CLARITY vote still waiting for Senate’s return

The makeup of the next US Congress in both the House and Senate could potentially impact whether a comprehensive crypto market structure bill becomes law. Although the House passed the Digital Asset Market Clarity (CLARITY) Act with bipartisan support in July 2025, the Senate’s consideration of the legislation has been marked by discussions over ethics, tokenization and stablecoin rewards.

CLARITY is scheduled for a cloture motion once the Senate returns from recess on Sept. 15, but the chamber will only have 14 days in session before breaking before the November election. After the midterms, the Senate will have another 22 days before 2027 to return the bill to the House, after which it could then head to the president’s desk for approval.

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Last week, President Donald Trump stood alongside several crypto CEOs and executives, urging the Senate to pass a “fair version” of CLARITY. However, the Trump family’s financial ties to the industry could complicate a potential vote, with a majority of Americans calling the crypto investments not “appropriate” in a recent poll.

Magazine: Bitget CEO isn’t buying the Bitcoin rally — She’s waiting for $50K

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CFO Leadership Summit South Africa Announces Its 27th Edition

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Crypto Breaking News

Intelligent Finance for a Digital-First Economy

17 September 2026 | Johannesburg, South Africa

Johannesburg, 3 July 2026: As organisations across South Africa adopt digital technologies, accelerate digital initiatives, advance digital capabilities, navigate economic uncertainty, and adapt to an increasingly data-driven business environment, the role of the Chief Financial Officer has evolved far beyond traditional financial stewardship. Today’s finance leaders are expected to guide capital allocation, strengthen liquidity management, improve forecasting accuracy through FP&A and predictive analytics, oversee enterprise risk, and lead the adoption of AI and digital finance technologies that support informed business decision-making.

The CFO Leadership Summit South Africa, taking place on 17 September 2026 at Focus Rooms – Universe, Johannesburg, is set to convene South Africa’s prominent finance leaders, CFOs, and industry experts to discuss how CFOs are strengthening financial resilience, improving capital efficiency, modernising finance operations, and preparing organisations for an increasingly data-driven economy. As one of the region’s prominent gatherings of finance executives, the summit will bring together over 200 CFOs, Finance Directors, Group Finance Executives, Controllers, Treasury Leaders, Risk & Compliance Heads, Tax Leaders, Digital Finance Experts, business leaders, and technology innovators to explore the strategies, technologies, and leadership approaches shaping the future of finance.

Designed as a major platform for sharing insights and executive networking, the summit will facilitate discussions among senior finance professionals, industry experts, and solution providers committed to supporting finance transformation. Through keynote presentations, executive panel discussions, fireside conversations, and interactive sessions, attendees will gain practical insights into AI-powered finance, modern FP&A, treasury optimisation, automation, ESG reporting, regulatory compliance, and enterprise risk management.

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Redefining Finance Leadership in the Digital Era

South African organisations are navigating economic uncertainty, rising operating costs, evolving regulatory requirements, and rapid advances in AI and automation. As finance teams respond to these challenges, CFOs are increasingly focused on improving forecasting accuracy, optimising liquidity, strengthening governance, and using real-time financial data to support faster business decisions. The summit has been designed to showcase practical case studies, implementation strategies, and lessons from organisations leading finance transformation.

With an agenda focused on emerging finance trends designed for finance and business leaders, the summit will spotlight the key trends transforming modern finance.

Strategic discussions will include

  • Architecting Financial Agility in an increasingly volatile and unpredictable economic landscape
  • Managing Cash Flow, Controlling Costs, and Optimising Liquidity Through Intelligent, Data-Driven Financial Strategies to Navigate Persistent Inflationary and High-Cost Business Environments
  • Advancing Precision Finance through Real-Time FP&A, Predictive Analytics, and Data-Driven Decision-Making
  • Redefining the CFO’s Role as a Growth Architect through strategic capital allocation and value creation
  • Evolving from a compliance function into a source of competitive advantage
  • Integrating ESG and Sustainable Finance to drive long-term profitability, cash flow, and operational efficiency beyond regulatory compliance

These discussions will provide finance leaders with practical approaches to improving forecasting accuracy, strengthening liquidity, modernising finance operations, adopting AI responsibly, and supporting sustainable business growth.

A Platform Where Finance Leaders Drive Business Transformation

The summit will feature a notable line-up of experienced CFOs, senior finance executives, digital transformation leaders, and industry experts representing some of South Africa’s most respected organisations. As a CFO Summit, the event will provide delegates with case studies on finance automation, AI adoption, FP&A modernisation, treasury management, ESG reporting,

regulatory compliance, and enterprise risk management.

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Beyond the conference sessions, the event will offer networking opportunities, enabling senior executives to establish professional connections, exchange ideas with peers, explore AI, FP&A, treasury, ERP, analytics, and finance automation solutions.

Learn from South Africa’s prominent Finance Visionaries

  • Mikaeel Tayob- Regional CFO, Bridgestone Middle East & Africa
  • Polani Sokombela- Chief Financial Officer, Auditor-General of South Africa
  • Qiniso Mthembu– Chief Financial Officer, Johannesburg Stock Exchange
  • Akesh Bansee- Chief Financial Officer, Unilever
  • Bradley Wentzel- Chief Financial Officer, Barloworld Equipment

Event Details

Event: CFO Leadership Summit South Africa 2026

Date: 17 September 2026

Time: 9:00 am – 5:00 pm

Venue: Focus Rooms – Universe, Johannesburg, South Africa

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Tom Lee’s BitMine Buys $81 Million in Ethereum as ETH Hits $2,500

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Ethereum price broke above $2,500 this week during a sharp market-wide rally, and BitMine Immersion Technologies used the moment to make its largest weekly purchase since early July.

The Tom Lee-chaired firm added 32,447 ETH, pushing its position closer to a stated “5% Alchemy” target.

Ethereum (ETH) Price Performance. Source: BeInCrypto
Bitmine
Ethereum (ETH) Price Performance. Source: BeInCrypto

BitMine’s Largest Purchase in Weeks

BitMine spent $81 million to buy the new tokens, bringing its total holdings to 5,847,611 ETH, valued at approximately $14.6 billion at current prices.

Including 210 Bitcoin (BTC), stakes in Beast Industries and Eightco Holdings, and $308 million in cash and marketable securities, the company reported a combined treasury of $14.9 billion, up from $11.4 billion the previous week.

The company has purchased ETH every single week since launching its treasury strategy on June 30, 2025, a run of roughly 14 months without interruption.

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Its current holdings amount to roughly 4.8% of Ethereum’s total supply, putting the firm about 97% of the way toward the 5% threshold it has pursued publicly since the strategy began.

Roughly 5,067,309 ETH, or 87% of BitMine’s holdings, sits staked through its Made in America Validator Network.

The company projects that the position could generate around $330 million in annualized revenue, though actual returns depend on network conditions and validator performance rather than being guaranteed.

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Why Tom Lee Sees This Rally as Different

ETH traded near $2,511 as of August 24, according to BeInCrypto data, after surging roughly 30% over the past week, its strongest gain since May 2025. That climb outpaced Bitcoin’s own advance of roughly 22% over the same period.

Lee framed the past week’s price action as historically significant. This marks the largest weekly gain since May 2025, and in the two prior instances of similar magnitude, such a move signaled the launch point of a much larger rally, one he noted was followed by gains exceeding 160% in earlier cycles.

He pointed to several tailwinds behind the move: Wall Street’s growing tokenization efforts, expanding agentic AI applications built on blockchain infrastructure, supportive policy signals out of Washington, and easing broader financial conditions.

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BitMine’s continued buying, even as ETH rallies rather than dips, signals institutional conviction rather than opportunistic bottom-fishing.

As the largest publicly traded Ethereum treasury company, it positions its steady accumulation and staking operations as a structural force behind the network’s growth, regardless of short-term price swings.

Whether this week’s breakout above $2,500 marks the start of the larger move Lee described will likely depend on whether the fundamental catalysts he cited continue building momentum in the weeks ahead.

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The post Tom Lee’s BitMine Buys $81 Million in Ethereum as ETH Hits $2,500 appeared first on BeInCrypto.

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Bitcoin Loses $80,000 as Critics Swarm Treasury's $950 Billion Buyback Plan

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Bitcoin Price Performance. Source: BeInCrypto

Bitcoin (BTC) touched $80,000 on Monday, then handed the level straight back. Critics are lining up against the US Treasury plan that sparked the move.

The token traded near $78,835 at press time. The bond market had already run this exact play last week, and it did not hold.

Bitcoin Price Performance. Source: BeInCrypto
Bitcoin Price Performance. Source: BeInCrypto

What Pushed Bitcoin to $80,000

The Treasury General Account (TGA) is the government’s checking account at the Federal Reserve. Tax receipts fill it. Treasury Secretary Scott Bessent has let it swell, with reports pegging the account near $950 billion.

Treasury’s own daily cash statement showed $935.1 billion on August 20, the latest official reading. Two senior Treasury officials told CNBC that money could fund bond buybacks.

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Treasury doubled those buybacks on August 19. Long-end operations rose from $2 billion to at least $4 billion each. The first lands on September 9, per the department’s own announcement.

Traders liked the plumbing. Spending TGA cash does not grow the Fed’s balance sheet. It just moves money into bank reserves. That reads as liquidity, and liquidity has been Bitcoin’s fuel all month.

The Bond Market Already Round-Tripped This Trade

Treasury’s own yield data tells the story. The 30-year yield hit 5.31% on August 17, its highest reading since 2007.

The buyback news knocked it down to 5.19% two days later. By August 21 it sat at 5.27%. The entire rally vanished in two sessions.

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Bitcoin tests $80,000 while US 10-year and 30-year Treasury yields slip. Source: TradingView
Bitcoin tests $80,000 while US 10-year and 30-year Treasury yields slip. Source: TradingView

Monday delivered a second bounce. The 30-year eased to 5.21% and the 10-year to 4.69%. Bitcoin’s spot price rode that wave to $80,000, then slid.

Why Critics Say It Will Not Hold

Bessent calls the strategy a “Treasury Twist.” The name echoes Operation Twist, the 1961 attempt to bend long-term rates lower.

Citadel Securities calls it financial repression. The firm warns it could weaken the dollar and stoke inflation. The deficits behind the yield spike go untouched.

Peter Schiff, chief economist at Euro Pacific Asset Management, has long warned about bond markets.

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“This reckless plan will substantially shorten the average maturity of the national debt, increasing our exposure to rising short-term rates… It’s a recipe for massive QE and runaway inflation. Got gold?” Schiff wrote.

Benjamin Chabot, a former economist at the Federal Reserve Bank of Chicago, asked the sharper question.

“Does it matter if Treasury uses the TGA to buy bonds? Probably not. TGA funds are mostly spoken for. What matters is how Treasury refills the TGA after purchases,” he stated.

Fundstrat’s Tom Lee took the other side. He says the shift favors long-duration assets, crypto included.

Treasury has not spent a dollar of the account. September 9 is when the talk becomes numbers.

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The post Bitcoin Loses $80,000 as Critics Swarm Treasury's $950 Billion Buyback Plan appeared first on BeInCrypto.

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