Author: John Smith

Canary Capital’s XRP exchange traded fund ended the first half of 2026 with $81.6 million fewer net assets even after positive capital share activity added $82.4 million.  Summary Canary XRP ETF ended June with $241.2 million, down $81.6 million from December despite creations. Net capital share transactions added $82.4 million, while operations reduced assets by $164.0 million overall. Unrealized XRP depreciation accounted for $159.7 million of the fund’s operational decline during 2026 midyear. XRP holdings climbed 31.7% to 231.3 million tokens, even as their dollar value declined sharply. XRPC posted a 42.84% NAV loss during 2026’s first six months, according…

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Coinbase has pulled trading support for five cryptocurrencies after giving holders a month to prepare. Summary Coinbase disabled trading for IDEX, LRC, OMNI, PIRATE and FIS across major trading platforms Friday. Customers can still access and withdraw affected tokens, while Coinbase has not announced conversions yet. Coinbase first announced the five suspensions July 7, giving holders one month of advance notice. Six non-dollar pairs were separately suspended August 6, but their underlying tokens remain supported elsewhere. Coinbase says routine reviews determine whether listed assets continue meeting its standards across trading services. On Aug. 7, the exchange confirmed that trading had…

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Fresh HYPE supply is moving through trading venues after HyperLabs unlocked 433,025 tokens worth more than $23 million, adding another test for Hyperliquid’s market as scheduled team distributions continue.  Summary HyperLabs unlocked 433,025 HYPE worth about $23.46 million and moved tokens toward trading venues afterward. Lookonchain linked transfers to Flowdesk and OKX, but exchange deposits do not confirm sales occurred. HYPE traded near $54.6 Sunday after falling from levels above $56 before the unlock activity. Hyperliquid team distributions follow a vesting schedule that began in January and continues through 2027. Protocol buybacks provide HYPE demand, creating a counterweight to supply…

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President Donald Trump has privately told senior aides he could end the U.S.-Iran war without securing a nuclear agreement if Tehran fully reopens the Strait of Hormuz, the Wall Street Journal reported on Aug. 9, citing U.S. officials. Summary Trump reportedly told aides he could end the Iran war without securing a nuclear deal. Iran says Hormuz reopening requires U.S. compensation, sanctions relief, freed assets, and broader security concessions. An Iran-Oman shipping agreement is in final stages, but Tehran says it cannot reopen Hormuz. Brent crude settled at $83.55 Friday, up 1.3%, as traders awaited clearer Hormuz negotiations details. Washington…

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XRP Ledger developers have retired five long active protocol amendments in xrpld version 3.3.0, but the move does not remove their features or require XRP holders to take action. Summary XRPL 3.3.0 retires five long-active amendments, making their post-activation behavior permanent within the core protocol. Clawback remains available after retirement because only obsolete pre-amendment code is removed from xrpld software. XRPL documentation allows amendment retirement after two years of Mainnet activation to reduce legacy complexity. Six new amendments entered version 3.3.0, but each still requires validator approval before Mainnet activation. Node operators should upgrade to version 3.3.0 promptly, while users…

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Disclosure: CoinCodeCap has an affiliate relationship with Kalshi. If you open an account through a link on this page we may earn a commission, at no extra cost to you. It does not influence our rating, which is calculated from the weighted criteria published in full below. Risk warning: Perpetual futures are leveraged products. A small adverse move can liquidate your entire margin. Event contracts can settle at zero. Nothing here is investment advice, and past volume or performance says nothing about future results. For most of its life Kalshi was a niche curiosity: a federally regulated exchange where you…

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Bitcoin’s BIP-110 split widened further on Aug. 9, with the enforcing branch still unable to produce a third block hours after mandatory signaling began.  Summary BIP-110 remains frozen at block 961,633 while Bitcoin’s main chain has advanced through block 961,744. Current-period signaling stands at zero among 113 main-chain blocks mined since mandatory signaling began Saturday. OCEAN reports 257 PH/s on its BIP-110 endpoint, with no new block for 17 hours. Roughnecks mined both BIP-110 blocks using OCEAN’s DATUM system at Bitcoin’s 127.48 trillion difficulty level. Saylor estimates 99.85% of hashpower rejected the fork, though that figure remains his own calculation.…

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Michael Saylor put Strategy’s Bitcoin activity back under scrutiny on Sunday, Aug. 9, with a two word X post: “Doing ₿usiness.”  Summary Strategy sold 1,638 BTC for $104.73 million between July 27 and August 2, filings show. Saylor’s Sunday “Doing ₿usiness” post did not specify whether Strategy bought, sold, or moved Bitcoin. Lookonchain linked a 1,030 BTC transfer to Strategy, but no company filing confirms any sale. Strategy’s holdings remain 842,138 BTC acquired for $63.51 billion at an average cost of $75,419. STRC closed Friday near $94.60, still below the $100 stated amount Strategy management currently targets. The company’s executive…

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Trump Media & Technology Group is pulling back from one of its biggest crypto expansion plans less than a year after announcing it. Summary Trump Media, Crypto.com and Yorkville terminated the proposed $6.42 billion CRO treasury combination on Friday. Truth Social will market Crypto.com prediction products instead of directly integrating prediction markets into platform. The canceled treasury expected $1 billion in CRO plus a $5 billion Yorkville equity line. Trump Media is prioritizing its pending TAE merger, which it hopes to close during 2026. Separate ETF servicing plans involving Crypto.com were also canceled, while Yorkville’s existing funds remain unchanged. On…

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MARA Holdings secured $600 million of new borrowing on Aug. 4 after pledging 18,750 BTC worth about $1.2 billion as initial collateral, according to its Aug. 6 quarterly filing with the U.S. Securities and Exchange Commission.  Summary 18,750 BTC worth about $1.2 billion initially secured MARA’s two new Bitcoin backed lending facilities. Coinbase provided $300 million of new funding while refinancing MARA’s existing $150 million credit line. Two Prime supplied $300 million at a fixed 7.65% rate, with maturity in August 2028. MARA said loan proceeds may help finance cash consideration for its planned Long Ridge acquisition. The pledged Bitcoin…

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