Crypto World Echo

Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules

Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin from Lukka Prime to the CME CF Bitcoin Reference Rate – New York Variant, which calculates the reference rate as of 4 PM Eastern

Codex expands ChatGPT extension support to Microsoft Edge

<p>Codex's support for Edge enhances productivity by enabling seamless automation and integration in Microsoft-centric environments.</p><p>The post <a href="https://cryptobriefing.com/codex-chatgpt-edge-browser-support/">Codex expands ChatGPT extension support to Microsoft Edge</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Prime Intellect unveils Prime Agent, a self-improving coding harness that outperforms human experts on key AI benchmark

<p>Prime Agent's success may accelerate AI-driven innovation, reshaping software development and challenging human roles in coding tasks.</p><p>The post <a href="https://cryptobriefing.com/prime-intellect-prime-agent-self-improving-rlm/">Prime Intellect unveils Prime Agent, a self-improving coding harness that outperforms human experts on key AI benchmark</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Trump claims Iran seeks talks after US readies major military action

<p>The potential shift towards diplomacy could reshape US-Iran relations, influencing geopolitical stability and market dynamics significantly.</p><p>The post <a href="https://cryptobriefing.com/trump-claims-iran-seeks-talks-after-us-readies-major-military-action/">Trump claims Iran seeks talks after US readies major military action</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Block cuts 40% of workforce as AI strategy boosts earnings

<p>Block's workforce reduction highlights a growing industry trend towards AI-driven efficiency, posing risks to institutional knowledge retention.</p><p>The post <a href="https://cryptobriefing.com/block-cuts-workforce-ai-strategy-earnings/">Block cuts 40% of workforce as AI strategy boosts earnings</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Investors poured millions back into Grayscale’s XRP fund, but a $16.8M market hit instantly wiped out the comeback

Grayscale XRP Trust ETF (GXRP) clawed back 480,000 shares in Q2, covering 12.2% of its derived 3.94 million-share first-quarter contraction. The fund's Aug. 4 Form 10-Q shows 510,000 shares issued and 30,000 redeemed during the quarter.The six-month ledger shows the true size of the gap. GXRP issued 1.87 million shares and redeemed 5.33 million, a net contraction of 3.46 million. Subtracting Q2 from those totals leaves 1.36 million shares issued and 5.30 million redeemed in Q1, producing the der

United States holds largest national Bitcoin reserves at 328,372 BTC

<p>The U.S. treating Bitcoin as a strategic reserve asset may prompt other nations to follow, potentially altering global digital asset policies.</p><p>The post <a href="https://cryptobriefing.com/us-largest-national-bitcoin-reserves/">United States holds largest national Bitcoin reserves at 328,372 BTC</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Bank of America expects three Fed rate hikes this year

<p>The anticipated rate hikes could tighten financial conditions, impacting borrowing costs, consumer spending, and overall economic growth.</p><p>The post <a href="https://cryptobriefing.com/bank-of-america-expects-three-fed-rate-hikes-this-year/">Bank of America expects three Fed rate hikes this year</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Circle shares fall as revenue miss overshadows quarterly profit beat

<p>Circle's revenue shortfall highlights the challenges of relying on reserve income amid fluctuating interest rates, impacting investor confidence.</p><p>The post <a href="https://cryptobriefing.com/circle-shares-fall-revenue-miss-profit-beat/">Circle shares fall as revenue miss overshadows quarterly profit beat</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Sandisk plunges 7% after earnings as guidance falls short of investor expectations

<p>Sandisk shares fell around 7% after earnings as its fiscal first quarter revenue forecast overshadowed stronger than expected quarterly revenue and profit.</p><p>The post <a href="https://cryptobriefing.com/sandisk-plunges-7-after-earnings-as-guidance-falls-short-of-investor-expectations/">Sandisk plunges 7% after earnings as guidance falls short of investor expectations</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

Houthis strike Saudi oil tankers, threaten Red Sea shipping blockade

<p>The escalation threatens regional stability, potentially disrupting global oil markets and prompting international diplomatic and military responses.</p><p>The post <a href="https://cryptobriefing.com/houthis-strike-saudi-oil-tankers-threaten-red-sea-shipping-blockade/">Houthis strike Saudi oil tankers, threaten Red Sea shipping blockade</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

BitMart gives US users just days to pull crypto before aggressive new compliance checks risk freezing their assets

The BitMart withdrawal deadline for users covered by its U.S. rules is Aug. 8 at 23:59 UTC, an earlier regional cutoff than the exchange's Aug. 26 global trading halt.The U.S. user notice applies to people who reside in or are located in the United States, as well as anyone otherwise treated as a U.S. user under BitMart's agreement and policies.Related ReadingBitMart’s sudden shutdown triggers withdrawal delays and on-chain panic, echoing the ghosts of 2022The exchange’s exit follows BitMEX’s cl

Pentagon admits ammo shortage as US-Iran Hormuz talks intensify

<p>The ammo shortage may accelerate diplomatic efforts, impacting global energy stability and potentially easing regional tensions.</p><p>The post <a href="https://cryptobriefing.com/pentagon-admits-ammo-shortage-as-us-iran-hormuz-talks-intensify/">Pentagon admits ammo shortage as US-Iran Hormuz talks intensify</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.</p>

All six US Solana ETFs have suffered five consecutive days of absolute zero net flows

Solana ETFs have seen zero net flows across all six products for five consecutive trading sessions ending Aug. 4. The product-wide pause in reported primary-market flow followed an $18.1 million outflow from Bitwise's BSOL on July 28.Farside Investors, which tracks daily fund flows, showed 0.0 for BSOL, VSOL, FSOL, TSOL, SOEZ, and GSOL during the next five sessions: July 29 &#8211; Aug. 4.The same table, which tracks Solana ETF flows, displayed $1.122 billion of cumulative net flow through Aug.

Bitcoin Options Flash $80K Max Pain as Wall Street Loads Up

Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls [&#8230;]

A massive 100 million PROVE tokens unlock today, but razor-thin liquidity reveals a market unprepared for a 51% supply shock

Succinct’s PROVE token reaches the end of its first 12-month vesting lock today, Aug. 5. Under the Foundation’s terms, 100 million investor and contributor tokens are scheduled to unlock, a sum equal to 51.3% of CryptoSlate’s estimate of 195 million circulating tokens.The Succinct Foundation’s tokenomics terms set the PROVE token’s supply at 1 billion tokens and assign 10.5% to investors and 29.5% to contributors. A quarter of each allocation unlocks after one year. In token terms, 26.25 million

Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates

Circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker returns [&#8230;]

MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure

Road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures and Go2Mars Labs. Following MAGNE.AI&#8217;s previously announced US$10 million strategic financing, the company&#8217;s total publicly disclosed funding now [&#8230;]

Bitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15%

Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market. Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish [&#8230;]

USDC redemptions just outpaced mints by $4B, but a massive new token presale is quietly doubling Circle’s revenue outlook

Circle’s reserve engine absorbed a tough second quarter. Gross USDC redemptions exceeded mints by about $4 billion, and reserve yield slipped, while a larger balance base kept reserve income growing.Its biggest opportunity sits outside its reserves. Circle doubled the midpoint of its full-year other revenue outlook, which includes an undisclosed contribution from the ARC Token presale.Circle’s Aug. 5 earnings release puts the gross flows at $87 billion redeemed and $83 billion minted. Those roun