The U.S. 10-year Treasury yield stood at 4.708%, while S&P 500 and Nasdaq 100 futures edged lower before the open. WTI traded at $82.94 and gold at $4,442.2. U.S. spot BTC ETFs posted about $389.7M in weekly net outflows, while Solana spot ETFs received $10.26M. Harmony submitted an on-chain rollback proposal, and Strategy disclosed its latest weekly financing and reserve data.
1. U.S. 10-year yield reaches 4.708% as stock futures slip
The U.S. 10-year Treasury yield stood at 4.708%. Minutes from the Federal Reserve's July meeting are due this week, while S&P 500 and Nasdaq 100 futures edged lower before the open.
Assets to watch: SPX500 NAS100
2. WTI rises 0.66% to $82.94
WTI crude futures rose 0.66% to $82.94, while Brent gained 0.78% to $89.21. Gold futures traded at $4,442.2 and silver at $65.23.
Assets to watch: CL BZ XAU XAG
3. Meta youth social-media trial opens August 18
Jury selection began August 12 in the youth social-media case brought against Meta by California and other state attorneys general. Opening statements are scheduled for August 18 in Oakland after the court denied Meta's request to end the case.
Assets to watch: META
4. Harmony proposal would roll back over 109,000 transactions
Harmony proposed rolling the network back to an August 11 checkpoint following the unauthorized minting of 4B ONE through empty blocks. More than 109,000 regular transactions would be removed if implemented, while validator coordination remains in progress.
Assets to watch: ONE
5. U.S. spot BTC ETFs post $389.7M weekly outflow
U.S. spot BTC ETFs recorded about $389.7M in aggregate net outflows from August 10 to 14, the largest weekly outflow in six weeks. The figure updates the morning edition, which covered only the August 14 daily flow.
Assets to watch: BTC
6. Solana spot ETFs receive $10.26M in weekly inflows
U.S. Solana spot ETFs received $10.26M in aggregate net inflows from August 10 to 14, the highest weekly total since May 22, compared with about $144,930 in the previous week.
Assets to watch: SOL
7. Strategy raises $333.7M through share sales
Strategy disclosed the sale of 3,458,866 MSTR shares from August 10 to 16 for $333.7M in net proceeds. It used $132.2M to repurchase 1,388,720 STRC shares and added $149.1M to its dollar reserve. The company bought and sold no BTC during the period, leaving holdings at 840,447 BTC and its dollar reserve at $4.8B.
Assets to watch: MSTR BTC
8. HashKey and OneInfinity expand HKD stablecoin use cases
HashKey Exchange and OneDegree's OneInfinity announced a partnership on August 17 to expand use cases for the regulated HKD stablecoin HKDAP. HashKey Exchange will provide conversion between HKDAP and fiat currencies, while the companies plan trials for commercial insurance payments and cross-border settlement between Hong Kong and the Middle East.
9. Austria's FMA fines Bitpanda €70,000
Austria's Financial Market Authority fined Bitpanda €70,000 for violations including a missed crypto-asset white-paper filing deadline and incomplete marketing disclosures. MiCA is the European Union's unified regulatory framework for crypto assets.
Market Snapshot
BTC: $63,489 | ETH: $1,898.21
Gold: $4,442.2 | Silver: $65.23
WTI: $82.94 | Brent: $89.21
S&P 500: 7,785.8 | Nasdaq: 30,046.1