08-26 | Daily news

BTC traded at $78,764.7, down 1.30% over 24 hours, while ETH was at $2,454.56, down 1.72%. The U.S. 10-year Treasury yield stood at 4.637% and gold futures at $4,702.5. In their latest sessions, the S&P 500 and Nasdaq 100 gained 0.32% and 0.64%, while WTI and Brent fell 2.39% and 2.68%.

1. Large account adds 600 BTC longs near $79,000

Onchain monitoring on Aug. 26 recorded a large trader adding 600 BTC in long exposure during a pullback, with notional value of about $47.4 million and an average entry near $79,000. The account held 1,868 BTC in total long exposure, worth roughly $147 million at the recorded price, with an average entry of $77,090. BTC later traded at $78,764.7, down 1.30% over 24 hours. A leveraged position's notional value is not the same as the margin deposited.

Assets to watch: BTC

2. U.S. spot XRP, SOL and HYPE ETFs all post daily inflows

U.S. spot ETFs for XRP, SOL and HYPE recorded net inflows of $23.8712 million, $32.2516 million and $7.5131 million, respectively, for the Aug. 25 trading day. The largest single-fund inflows in the three categories were $11.0166 million, $20.4303 million and $4.2784 million. ETF net flows measure fund-share subscriptions less redemptions.

Assets to watch: XRP SOL HYPE

3. LayerZero plans ATLAS launch as ZRO gains 6.47%

LayerZero plans to launch ATLAS, an onchain trading platform for financial institutions, in autumn 2026. The first release will support spot crypto assets and perpetual contracts, with futures and options planned later. ZRO traded at $1.1959 on Aug. 26, up 6.47% over 24 hours on turnover of about $16.13 million. ATLAS will run on LayerZero's Zero blockchain announced earlier this year.

Assets to watch: ZRO

4. Ethereum's Glamsterdam upgrade will adjust gas costs

The Ethereum Foundation said on Aug. 26 that the Glamsterdam upgrade will use EIP-8037 and EIP-8038 to change the costs of creating and accessing state. Most contracts will not need changes, but contracts that rely on hard-coded gas values or similar older assumptions may require updates.

Assets to watch: ETH

5. Avalanche records tokenized trade-receivables transaction

POSCO International worked with trade-finance platform Olea and fintech company Intain to record a trade receivable on Intain's Avalanche-based Layer 1 network on Aug. 26. Intain used AI to match invoices, purchase orders and shipping documents before completing onchain verification. POSCO International has annual revenue of about $22.2 billion and operates more than 80 overseas branches.

Assets to watch: AVAX

6. Galaxy launches credit line backed by BTC, ETH and SOL

Galaxy's retail platform launched a crypto portfolio credit line on Aug. 26 that allows eligible clients to borrow U.S. dollars or USDC against BTC, ETH and SOL. The product carries an 8.99% annual interest rate, charges no fee, does not rehypothecate collateral and initially covers 40 U.S. states.

Assets to watch: BTC ETH SOL

7. First Zcash ETF lists on NYSE Arca

Zcash ETF ZCSH listed on NYSE Arca on Aug. 25. The product was converted from the Zcash Trust, charges a 2.5% fee and gives investors direct ZEC exposure. The trust held more than $313.5 million in assets before the conversion.

Assets to watch: ZEC

8. Apple releases its first 2-nanometer M6 chip

Apple released the M6 and M5 Ultra chips on Aug. 25 and updated the Mac mini and Mac Studio. The M6 uses a 2-nanometer process and has a 12-core CPU, 12-core GPU and two 16-core neural engines. The M5 Ultra uses a four-die design and supports up to 512GB of unified memory.

Assets to watch: AAPL

9. OpenAI data center project head departs

OpenAI confirmed on Aug. 26 that Chris Malone, who oversaw data center construction, had left the company. OpenAI reorganized its infrastructure group earlier this year and is reassessing some projects that involve leasing entire facilities. Data center construction determines the computing capacity available for AI model training and inference.

Assets to watch: OPENAI

10. WTI falls to $80.39 as Brent trades at $86.21

WTI crude traded at $80.39 on Aug. 26, down 2.39%, while Brent fell 2.68% to $86.21. Both were below their Aug. 25 evening levels of $82.08 and $89.09.

Assets to watch: CL BZ