Stacks founder Muneeb Ali said on Aug. 27 via X that HashKey Cloud will deploy Bitcoin in Stacks, making the Asian infrastructure provider the second institution announced for the network’s Genesis Bond pilot. HashKey will time-lock $BTC on Bitcoin, retain the keys, and pair the position with $STX worth roughly 5% of the committed Bitcoin.
An Abu Dhabi royal and his co-investors reportedly back the largest stake in the holding company behind World Liberty Financial’s proposed US trust bank. Citing people familiar with the matter, the Wall Street Journal reported that Sheikh Tahnoon bin Zayed Al Nahyan’s group is behind StringZ Holding RSC, which owns 49% of WLTC Holdings. An
HashKey Holdings reported HK$342.5 million in revenue for the first half of 2026, an increase of 20.6% from the same period a year earlier. Its unaudited interim results released on August 27 also show that the company’s non-IFRS adjusted loss narrowed 21% to HK$314.8 million. Trading services produced most revenue Transaction-facilitation revenue rose 38.6% to
Bitcoin $BTC$79,618.56 is once again trading at a premium on Coinbase relative to Binance, suggesting comparatively stronger demand on the Nasdaq-listed U.S. exchange. The gap between bitcoin’s prices on two exchanges, measured by the so-called Coinbase Premium indicator, flipped positive on Friday, the first such instance since May, according to data source Coinglass. The positive
Bitcoin spot ETFs have shifted from months of weak demand to their strongest run of 2026. U.S. funds logged an eighth straight inflow day on August 26, adding about $232 million. The streak has drawn roughly $2.8 billion, while August inflows have moved above $3 billion. Bitcoin climbed above $80,000 again on August 27 after
Evernorth Holdings announced that the Securities and Exchange Commission (SEC) has made effective its registration statement, bringing the $XRP-focused firm one step closer to its Nasdaq listing as crypto assets come under even more scrutiny in the public investment markets. This development opens up another potential regulated option for people wanting to gain access to
On August 27, 2026, BitGo announced that it has acquired NYDIG’s institutional trading unit, which has enabled one of the largest regulated custodians within the crypto sector to gain a pre-existing derivatives and finance operation amid the ongoing trend of banks and funds consolidating their digital asset activities with fewer infrastructure partners. Following this acquisition,
Bitcoin traded around the $80,000 mark in Asian hours Friday after a nearly 2% gain over 24 hours and an overnight run to $81,280, with traders squaring up before Fed Chair Kevin Warsh’s first Jackson Hole keynote later in the day. Jackson Hole is the Kansas City Fed’s annual symposium in Wyoming, where the chair’s
Bitcoin’s latest rally appears to be driven partly by short covering rather than fresh leveraged positions, according to QCP Research. Open interest has fallen as $BTC advanced, while strong spot ETF inflows have provided additional demand, the firm noted. Spot demand is also strengthening, with QCP noting that ETF inflows are nearing the 95th percentile
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied to countries experiencing currency or banking crises. Wallets linked to countries experiencing some form of financial crisis were 1.8% more likely to receive dollar stablecoins during the week a crisis began, researchers Pablo Azar, Maryam Farboodi and