Strategy held off on new Bitcoin buying, maintaining holdings at 840,447 BTC as it launched a $1.59 billion cash pool after raising $2 billion from MSTR stock sales.
Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened a licensing portal for crypto firms, with a deadline of September 5 for companies that provided virtual asset services before March 5 to submit a no-objection certificate (NOC), according to Cointelegraph. Operating without a license after this date will be considered an offense, and the framework requires VASPs to adhere to standards concerning customer asset separation, governance, cybersecurity, and anti-money laundering measures. The regulations include pathways for licensing through either a sandbox or an NOC route, with some firms like Binance and HTX already holding preliminary approvals issued in December 2025. The move signifies Pakistan’s shift from legislating to enforcing a formal crypto regulatory framework, following the passage of the Virtual Assets Act in March.
A Federal Reserve Bank of Cleveland study finds crypto investors hold sharply different views on returns and risk, while information about Bitcoin’s past gains can increase both desired allocations and actual crypto purchases.
Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be regulated.
Ray Dalio, founder of Bridgewater Associates, advised investors to allocate 10% to 15% of their portfolios to gold, with a small portion in Bitcoin, citing the potential for a US debt crisis within the next three years. He emphasized that holding assets like gold and Bitcoin could help mitigate risks from political and geopolitical conflicts, recommending they be overweighted compared to debt assets such as bonds. Dalio has previously expressed that Bitcoin cannot replace gold as a store of value and has warned about privacy and quantum computing threats, though he has held some Bitcoin himself. His comments align with past recommendations that a modest percentage of Bitcoin in a diversified portfolio can be reasonable.
Digital Asset and Paul Ryan’s American Idea Foundation plan to pilot a blockchain-based benefits distribution system across three U.S. states using the Canton Network, with the RISE program expected to launch in the first quarter of 2027. The system aims to combine multiple benefits into periodic payments, automatically adjust benefit levels as household incomes change, and allow agencies to monitor payments and compliance while safeguarding sensitive data. The pilot remains subject to federal approval, and the participating states or benefit programs have not yet been disclosed. Digital Asset stated that the pilot intends to reduce penalties for benefit recipients as their incomes increase and to demonstrate a modern safety net model.
The US Treasury's move to double certain long-dated bond buybacks has contributed to a significant increase in Bitcoin's price, which surged over 23% toward $79,000, with some analysts noting this supports Bitcoin's potential to reach $100,000 by the end of the year, especially if key technical levels are maintained. Standard Chartered's analyst Geoff Kendrick highlighted that this move, described as “not-QE,” benefits Bitcoin due to its fixed supply and resistance to monetary debasement, with Bitcoin rallying after the announcement of expanded bond buybacks. Additionally, Metaplanet plans to expand its Bitcoin treasury strategy to the US by acquiring a stake in Super League Enterprise, while Cypherpunk Technologies has launched a Zcash mining fleet controlling around 18% of the network’s hashrate. The US CFTC is also seeking comments on futures contracts tied to AI computing capacity, with the CME planning to launch such products in October pending regulatory approval.
Michael Selig, chair of the U.S. Commodity Futures Trading Commission (CFTC), indicated that the agency plans to move forward with crypto regulations even if the Digital Asset Market Clarity (CLARITY) Act is not passed by Congress, stating that they will "propose these new rules for the industry" if bipartisan support for the bill does not materialize. He mentioned that staff has been directed to allow registered and non-registered entities to offer crypto asset trading on a leveraged or margined basis and to explore developer protections. Selig emphasized that while the CFTC would give CLARITY its "breathing room" for a vote, it would act independently if the legislation stalls, especially if Democrats do not support a compromise version. The legislation is currently paused until the US Senate reconvenes in September, where it faces an uncertain path to passage.
Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets.\n
A new poll showed 63% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family to invest in crypto.
Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet provider websites.
While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.