Crypto Industry News & Market Trends

Bessent steps in on bonds — Yields fall, Gold and Bitcoin rally

The week of August 17–21 was a game changer for Gold and Bitcoin, and the trigger was the Treasury bonds market as Scott Bessent had tried to stop a long-end selloff that had already pushed the Nasdaq through five red sessions.　　The core of the week was simple. After the 30-year yield touched a 19-year high near 5.34%, the Treasury said it would at least double liquidity-support buybacks of 10- to 30-year debt — from $2 billion to at least $4 billion per operation, starting September 9. In response, the 30-year yield dropped about 10 basis points toward 5.19% immediately weakening the US dollar and lifting Gold.　　The absolute winner of the week was Bitcoin which had grown to $79000, soaring for 20% to 25% within a single week.　　Equities were slower to join: they needed Fridays rebound to stop the Nasdaq bleed.　　The Bessent put, and why yields still matter　　Bessent framed the move as market-making in a thin Augusts market, not as real quantitative easing. The extra buybacks are small versus the stock of outstanding debt. The market did not care about the size. It cared about the signal: if the long end yields rise again, the Treasury is willing to lean against

08-25Industry

Analysts See Nearly 40% Gains In Nancy Pelosi's Latest Stock Buys

Wall Street sees close to 40% upside in Bloom Energy. Nancy Pelosis household bought the stock in late July, two days before it jumped 26%.　　A Periodic Transaction Report (PTR) filed Friday with the House Clerk revealed the trades. Her husband, Paul Pelosi, made all of them. Each carries the SP code for spouse.　　Breaking: Nancy Pelosi just filed up to ~13.5M worth of new stock trades　　Including buying up to $12M of Bloom Energy $BE　　Major Buys Include:　　• Bought 15,000 shares of Bloom Energy $BE　　• Bought 10,000 shares of Intel $INTC　　She bought new call options:　　• Bought up to…　　Follow us on X to get the latest news as it happens　　What Wall Street Sees in Bloom Energy　　Bloom Energy (BE) builds fuel cells. They generate electricity on site, without waiting for the grid. That matters now, as Artificial intelligence (AI) data centers need power fast. Grid connections can take years.　　Other big investors have made the same call this year, backing power over chips as the tighter bottleneck. Eighteen analysts rate Bloom a Moderate Buy. Nine say Buy. Nine say Hold. None say Sell.　　Bloom Energy Stock Forecast s Latest Stock Buys appeared first on BeInCrypto.

08-25Industry

South Korea's Largest Crypto Exchange Is Dominated by XRP

The capital rotation in the South Korean crypto market, which began late last week, is taking on the characteristics of an extreme market imbalance today.　　Retail investors, who triggered an exodus from technology stocks, have turned XRP — the token Ripple calls its “North Star” — into a true “guiding light” for the local market this Monday, creating an unprecedented trading imbalance.　　According to the latest Upbit data by CoinMarketCap, daily trading volume in the XRP/KRW pair remains firmly in first place at $319 million, accounting for 21.86% of all activity on the exchange.　　Whales Hedge $1.3 Billion in Bitcoin and XRP While Gold Hits Fresh August Highs: Main Crypto News This Morning　　Discover more　　Digital Currencies　　FINANCE　　exchange-traded funds　　Enormous XRP Short Opened by Wintermute　　You Might Also Like　　The trading imbalance continues to expand rapidly. XRP alone is absorbing liquidity, comfortably outperforming Bitcoin ($125.33 million), Tether ($179 million) and Ethereum ($92 million), while keeping the industrys biggest heavyweights below it in the top five.　　XRP/KRW leads trading volume rankings on Upbit, Source: CoinMarketCap　　The current craze is a direct continuation and escalation of Fridays events. During the first half of 2026, Korean traders kept their money in the KOSPI stock market amid the prolonged crypto downturn, actively buying Samsung Electronics

08-25Industry

Canadian Dollar falls as Trump threatens fresh 50% tariffs

USD/CAD extends its advance on Monday, trading around 1.3830 at the time of writing, up 0.52% on the day. The Canadian Dollar (CAD) comes under selling pressure after trade negotiations between the United States (US) and Canada collapsed, while the prospect of a fresh tariff escalation supports the US Dollar (USD).　　Trade tensions intensify after negotiations between Washington and Ottawa broke down on Friday. The United States imposed 50% tariffs on some Canadian products, while Canadian Prime Minister Mark Carney vowed to retaliate “dollar for dollar” starting September 8. Carney says his government prefers to walk away from the negotiations rather than accept a bad deal.　　US President Donald Trump further raised the pressure on Monday, announcing that tariffs on all Canadian cars, trucks, automotive parts and steel will be increased to 50% starting January 1, 2027. Trump also accused Canada of taking advantage of its trade relationship with the United States for years and encouraged affected companies to move production to US territory to avoid tariffs.　　The latest escalation reinforces concerns about the outlook for the Canadian economy, which is heavily dependent on trade with its US neighbor. Uncertainty surrounding trade relations between the two countries therefore represents an additional headwind for

08-25Industry

Upbit And Bithumb Put SAND On Investment Caution Over Unresolved Security Incidents

The SAND token barely needed another headwind. Trading volumes across metaverse assets have been thinner than their 2021 peak, and the sector has struggled to hold attention as traders moved toward other narratives. But on Aug. 24, the pressure became more structural than sentiment-driven when South Koreas two largest exchanges placed the token on their investment caution lists.　　Upbit and Bithumb both cited unresolved security incidents as the reason, according to the original report. The exchanges pointed to unexplained incidents involving SAND wallets or its distributed ledger. That kind of language is more serious than a typical volatility warning because it signals a possible integrity problem rather than just weak price action.　　Bithumb gave the most concrete timeline. The exchange expects to review between Sept. 28 and Oct. 2 whether to lift the caution designation, extend it, or terminate support for SAND trading altogether. That is a wide range of outcomes, and traders will need to treat the next five weeks as a period in which liquidity assumptions can shift quickly.　　A Caution Label With Real Consequences　　South Korean exchanges use caution designations to flag assets that may pose elevated risks to users. The label can affect deposit flows, leverage availability, and how prominently

08-25Industry

Cryptopolitan Report: Bitcoin Had Its Best Week Since March 2023 & Only 30% of Our Readers Think It Leads to $100K

The total crypto market saw over $474 billion flood back in after a single line from the U.S. Treasury Department announcement. We asked our newsletter readers if they thought the move was real and had more legs to the upside. Most of them are waiting on Congress before they call it.　　The Move Itself　　Bitcoin‘s opening price on Monday, August 17 was around $62,800 and by Friday it closed around $77,700, briefly touching a high of roughly $79,500. That’s a move of over 23% within the span of seven days, its strongest weekly return since March 2023. In dollar terms, BTC added close to $14,000 within five days and saw over $280 billion added to its market cap in the same timeframe.　　The altcoin move was even more explosive. The TOTAL2ES chart on TradingView, which tracks the combined market cap of all cryptocurrencies excluding Bitcoin and stablecoins, saw a +28.93% weekly candle. This was its biggest move since November 2024.　　XRP rallied over 48% over the past week while Ethereum climbed over $2,400 with a gain of roughly 29%. Zcash ran 71% on a Grayscale ETF conversion filing. Other legacy alts like BNB, Chainlink, Cardano and Dogecoin all saw double digit gains as well.　　Hyperliquid

08-25Industry

Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts

Riot Platforms has secured up to $573 million of interim financing for the $9.1 billion data-center lease tied to Anthropic, but the facility matures about a year before the Bitcoin miner expects the project to start generating rent.　　Related Asset Bitcoin #1 BTC · $79,106.03 24-hour change: up 2.52% 24H Up 2.52% 7D Up 23.34% 30D Up 23.36%　　Earlier this month, Riot disclosed that it had secured a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus, describing the tenant only as a “leading frontier AI lab.”　　However, CNBC and other reports subsequently identified the customer as Anthropic, the developer of Claude. Riot has not publicly named the tenant.　　Related Company Riot Platforms Publicly-traded Bitcoin mining company　　The first 96 MW is scheduled for delivery in December 2027, with the remaining 95 MW expected by June 2028. Riot estimates the initial lease will generate about $9.1 billion through June 2048, with two five-year extensions potentially lifting the total contract value to $16.1 billion.　　However, funding that buildout requires a much earlier capital commitment.　　Related Company Anthropic AI safety and research company　　Notably, a Riot subsidiary entered into a senior secured delayed-draw facility administered by Morgan Stanley Senior Funding, providing access to up to

08-25Industry

Prediction market traders skeptical Bessent will send yields lower

U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC.　　Chip Somodevilla | Getty Images　　Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools at his department‘s disposal. However, traders on prediction market platforms think they won’t lead yields to fall dramatically.　　Speculators on Kalshi think theres a 56% chance that the 10-year Treasury note yield will end 2026 above or at 4.75%, though they also place just 27% odds that it finishes the year above 5%. As of midday trading Monday, the 10-year yield was trading at about 4.70%.　　Traders on Kalshi are asked across a series of contracts about where they think the 10-year Treasury note yield will trade on Dec. 31. The contracts are resolved using data from the U.S. Treasury.　　Volume on the contracts are low, though, at just over $16,500 traded.　　On Polymarket, speculators place two-in-three odds that the 10-year Treasury note yield will cross 4.8% at some point in 2026, a level that it hasnt breached even amid a recent bonds sell-off. The contracts on Polymarket are also resolved

08-24Industry

Olivia Rodrigo Ups Her Global Hits As Several Singles Mount Comebacks

Two Olivia Rodrigo hits, “Expectations” and “Maggots for Brains,” return to the Billboard Global 200 together, making her the only name with multiple comebacks. US singer Olivia Rodrigo performs on the Orange main stage at Roskilde Festival in Roskilde, Denmark on July 4, 2025. The festival runs until July 6. (Photo by Helle Arensbak Ritzau Scanpix AFP) Denmark OUT (Photo by HELLE ARENSBAK/Ritzau Scanpix/AFP via Getty Images)　　Ritzau Scanpix/AFP via Getty Images　　On this weeks Billboard Global 200, the ranking of the most popular songs of any style or language throughout the world, Ariana Grande is king — or perhaps that should be queen. She fills the most spaces, thanks largely to the continued success of her latest album, Petal.　　13 tracks by Grande – many of which are featured on her eighth solo collection – make space on the 200-rung tally, even as most of them fall following their impressive debuts in lofty positions only a few days ago. On the ranking of the artists who claim the most hits on the current edition of the Billboard Global 200, Bruno Mars comes next with eight, while Olivia Rodrigo ties for third with half a dozen smashes.　　Rodrigo is able to reach that sum

08-24Industry

Why Indian Traders Are Watching XAU/USD: Gold as a Global Market Signal

Gold has been a store of value in India for thousands of years. What has changed is how Indian traders interact with it. The XAU/USD pair – one troy ounce of gold priced in US dollars – is now one of the most actively monitored instruments in global markets, and the reasons go well beyond jewellery demand or inflation hedging. For traders who understand what drives golds price movements, XAU/USD functions as a real-time readout of global risk appetite, dollar strength, and geopolitical stress. That makes it useful as both a trading instrument and a macro signal that informs decisions across other markets.　　What XAU/USD Actually Represents　　The notation XAU comes from the ISO 4217 currency standard, which assigns codes to internationally traded commodities alongside fiat currencies. XAU denotes one troy ounce of gold – approximately 31.1 grams – and USD is the quote currency, meaning the price tells you how many dollars that ounce costs. The United States holds the largest gold reserves of any country in the world, which is part of why the dollar-denominated gold price carries such weight as a global benchmark.　　Gold trades continuously on international markets, so the XAU/USD price reflects activity across multiple sessions throughout the

08-24Industry

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