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XRP price tests $1.06 as open interest hits six month low
Posted inCryptocurrency

XRP price tests $1.06 as open interest hits six month low

XRP extended its decline on Aug. 5, 2026, trading near $1.07 as buyers struggled to move the token away from its lower range. Summary XRP trades near $1.07 as weak…
Posted by bitunikey@gmail.com August 5, 2026
Western Union launches USDPT Visa card with Rain
Posted inCryptocurrency

Western Union launches USDPT Visa card with Rain

Western Union and stablecoin payments company Rain launched Stablecard on Aug. 4, giving customers in 37 markets a way to receive, hold and spend Western Union’s USDPT stablecoin.  Summary 37…
Posted by bitunikey@gmail.com August 5, 2026
Polymarket reportedly seeks $1 billion at $20B
Posted inCryptocurrency

Polymarket reportedly seeks $1 billion at $20B

Polymarket is reportedly in preliminary talks with prospective investors about raising roughly $1 billion at a valuation above $20 billion. Summary Polymarket is reportedly discussing a new $1 billion raise…
Posted by bitunikey@gmail.com August 5, 2026
Bitcoin may gain if AI bubble bursts, Hayes says
Posted inCryptocurrency

Bitcoin may gain if AI bubble bursts, Hayes says

BitMEX cofounder Arthur Hayes published a new essay, “Situationship,” on Aug. 4, 2026, arguing that the artificial intelligence (AI) infrastructure boom could end as a credit crisis rather than a…
Posted by bitunikey@gmail.com August 5, 2026
Ethereum price stalls below $1,875 as US demand lags
Posted inCryptocurrency

Ethereum price stalls below $1,875 as US demand lags

Ethereum traded near $1,867 on Tuesday as weak US demand and a bearish 4-hour setup kept the price below a major technical and liquidity zone. Summary ETH price remained below…
Posted by bitunikey@gmail.com August 4, 2026
How crypto market makers work: the firms behind every trade you take
Posted inCryptocurrency

How crypto market makers work: the firms behind every trade you take

Every time you buy or sell a token on an exchange and the order fills instantly, a market maker is on the other side. These firms are not charities. They…
Posted by bitunikey@gmail.com August 4, 2026
What is PayFi and how stablecoins are replacing wire transfers
Posted inCryptocurrency

What is PayFi and how stablecoins are replacing wire transfers

Most people still think crypto payments means buying coffee with bitcoin. The real shift is quieter and far larger: stablecoins now settle more value annually than many traditional payment networks,…
Posted by bitunikey@gmail.com August 4, 2026
SpaceX just posted a $540 million bitcoin loss and every corporate BTC holder felt it
Posted inCryptocurrency

SpaceX just posted a $540 million bitcoin loss and every corporate BTC holder felt it

The first public earnings from Elon Musk’s space company reveal the real cost of holding bitcoin on a balance sheet under the new accounting rules. The numbers tell a story…
Posted by bitunikey@gmail.com August 4, 2026
The race to tokenize Wall Street: how JPMorgan, Citi, and Wells Fargo are rebuilding settlement rails
Posted inCryptocurrency

The race to tokenize Wall Street: how JPMorgan, Citi, and Wells Fargo are rebuilding settlement rails

Four of the largest banks in the United States are building a shared network that will let corporate clients move tokenized deposits around the clock, seven days a week. The…
Posted by bitunikey@gmail.com August 4, 2026
US, UK deepen stablecoin talks after GENIUS Act
Posted inCryptocurrency

US, UK deepen stablecoin talks after GENIUS Act

US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. Summary The 13th UK-US regulatory meeting took place…
Posted by bitunikey@gmail.com August 4, 2026

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