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Crypto News

Solana Daily Network Revenue Exceeds $1 Million
Solana recorded over $1 million in daily network revenue on August 19, marking its highest single-day total in six months as on-chain activity continues to recover.

Fidelity International Increases Gold Holdings Amid Federal Reserve Policy Uncertainty
Fidelity International has doubled its gold holdings as concerns grow regarding the Federal Reserve's policy direction and persistent inflation.

Anthropic Reports $65 Billion Annual Revenue Run Rate
Anthropic has reached a $65 billion annual revenue run rate as of the end of July 2026, a figure that precedes the company's potential initial public offering later this year.

Geopolitical Tensions in Iran Drive Global Petrol Price Increases
Rising petrol costs across the globe are linked to the ongoing conflict in Iran, which has introduced significant volatility to international oil markets.

Iranian Rial Hits Record Low Against US Dollar
The Iranian rial has depreciated to a record low of 2 million per US dollar, driven by US sanctions and inflation exceeding 40%.

US Dollar Declines Amid Fiscal Concerns and Treasury Bond Buyback Strategy
The US dollar is trading near three-month lows as market participants react to national debt levels and new Treasury bond buyback operations.

Xiaomi Unveils Xring O3 Processor Produced via TSMC 3nm Technology
Xiaomi has introduced the Xring O3 mobile processor, utilizing TSMC 3nm manufacturing to advance its proprietary silicon strategy and reduce reliance on external suppliers.

US-Listed Altcoin ETFs See Inflows Amid Broader Market Rally
US-listed crypto exchange-traded funds excluding Bitcoin and Ethereum attracted nearly $90 million last week, as investor interest expanded to XRP, Solana, Chainlink, and Hyperliquid during a period of rising token prices.

Bitari Inc. Files Preliminary Prospectus for Bitcoin Mining IPO
Bitari Inc. has initiated a preliminary IPO process for a Nasdaq listing, proposing an offering that would grant new investors 10% of the company's post-offering shares in exchange for 99.8% of the total consideration.

Cathie Wood Criticizes Payments Analysts Over Circle Market Assessment
ARK Invest founder Cathie Wood claims traditional analysts are underestimating the impact of Circle Internet Group on established payment networks like Visa and Mastercard.

US Treasury Expands Bond Buybacks as Gold Prices Climb
The US Treasury has announced a plan to double its liquidity-support buyback operations for long-dated bonds, a move that triggered a rise in gold prices and a decline in the dollar.

Treasury Department Finalizes Rule Exempting US Businesses from Corporate Transparency Act
The Treasury Department has finalized a rule exempting domestic companies from beneficial ownership reporting requirements, while FinCEN will delete existing data on US individuals.
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