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Tag: News

COW Token Surges Over 55% in 24 Hours Amid Renewed Market Activity

Cow Protocol’s native token, COW, experienced a significant price rally, jumping 55.77% over a 24-hour trading window. The sharp upward movement drove heightened market participation and increased daily trading volume across major decentralized and centralized platforms. Traders and analysts are monitoring the token’s on-chain metrics closely to determine whether the momentum can sustain current resistance levels. Cow...

Breaking, Cryptocurrencies, News

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OCC Grants Preliminary Conditional Approval for Trump-Backed World Liberty Trust Bank Charter

The OCC granted preliminary conditional approval on Aug. 14, 2026, for World Liberty Trust Company to operate as a national trust bank. The charter would allow the firm to assume issuance of the USD1 stablecoin from BitGo and offer digital asset custody to institutional clients. Final approval remains contingent on meeting preopening requirements, including capital and compliance standards. USD1 ranks among the larger dollar-backed...

Crypto regulation, Cryptocurrencies, News, Regulation

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Tether Completes First Full Audit by KPMG With Unqualified Opinion on 2025 Financials

KPMG U.S. issued an unqualified opinion on Tether International’s full 2025 financial statements. Audited reserves exceeded liabilities by $6.814 billion as of Dec. 31, 2025. KPMG physically counted and inspected every gold bar in Tether’s holdings. CEO Paolo Ardoino described the milestone as a defining moment for the stablecoin industry. Stablecoin giant Tether announced on Aug. 13 that KPMG U.S. has completed a full independent audit of...

Cryptocurrencies, News, Stablecoins

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Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs

Goldman Sachs has agreed to acquire NEOS Investments in a cash-and-equity deal valued at up to $2.25 billion, subject to performance targets. The transaction adds NEOS’s $30 billion in options-based income ETFs, including bitcoin and ether high-income products, to Goldman Sachs Asset Management. NEOS’s flagship Bitcoin High Income ETF (BTCI) holds roughly $1.1 billion in assets and uses a covered-call strategy on bitcoin ETPs. The...

Bitcoin, Cryptocurrencies, ETF, News

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Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion

Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262 Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385 The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares Bitcoin treasury company Strategy sold 1,690 BTC...

Bitcoin, Cryptocurrencies, News

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