KoinlyticsXRP news
Bitcoin Lost $64K Before the CPI Print and Ether Fell Harder
Bitcoin slipped to $63,921 on August 11, down 1.59% in 24 hours, while Ethereum dropped 2.83% to $1,873. The 10-year Treasury yield climbed toward 4.7% alongside oil, and traders cut risk ahead of Wednesday's inflation data.
Grayscale Killed Three Altcoin ETFs in 190 Seconds and the Market Did Not Blink
Grayscale filed withdrawal requests for its Cardano, Hedera and Polkadot ETF registrations within 190 seconds of each other on August 7, giving no reason beyond no longer intending to proceed. ADA, HBAR and DOT barely moved on the news.
On-Chain Real World Assets Hit $36.8B and 80% of It Is One Boring Trade
Tokenized real world assets reached $36.8 billion in early August across 1.35 million holders. Tokenized US Treasuries account for roughly $15 billion, BlackRock's BUIDL holds $2.9 billion with about 40% share, and BlackRock launched two new products on August 3.
92 Crypto ETFs Are Waiting on the SEC and a Dozen Deadlines Land in October
Bloomberg Intelligence counts 92 crypto ETF applications pending SEC review, up 20 in four months. Solana leads with eight filings and XRP follows with seven. At least a dozen hit final statutory deadlines in October, forcing decisions rather than delays.
Senate Shelves the CLARITY Act Until September and the 2026 Window Is Closing
Majority Leader John Thune confirmed there will be no Senate floor vote on the CLARITY Act before the August recess. The chamber returns September 14 with three weeks of runway before midterm campaigning consumes the calendar.
Italy's Biggest Bank Cut Its Bitcoin ETF 94% and Tripled Staked Ethereum
Intesa Sanpaolo's Q2 13F shows IBIT holdings down from 646,809 to 40,723 shares, bullish BTC calls down 99.3%, a new put on 500,000 IBIT shares, and staked ETH ETF exposure nearly tripled. This is not a crypto exit. It is a rotation from price beta into yield.
CLARITY Act Faces Knife-Edge Senate Deadline as Recess Nears and ADA ETF Clock Ticks
With only days until the Senate August recess, the CLARITY Act sits without a floor vote scheduled. Prediction markets price passage odds near 30 percent as ADA ETF eligibility approaches.
CoinDesk 20 Books 8.7% July Gain Even as BTC and ETH Fade on the Last Day
Bitcoin closed July 31 at $63,870 and Ether at $1,890 after a 1.3% and 1.4% intraday slide, but the CoinDesk 20 still posted its largest monthly advance in a year at 8.7%.
SEC Chair Atkins Says He Can Ship Crypto Rules Even If CLARITY Dies in Senate
SEC Chair Paul Atkins told CNBC his agency is 'ready, willing, and able' to issue crypto rules without the CLARITY Act if the Senate fails to pass it before the August recess.
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