8-14
Fed’s Beth Hammack calls for immediate rate hikes, putting crypto and U.S. stocks on alert
Federal Reserve official Beth Hammack said current borrowing conditions are not restraining inflation enough and argued for immediate rate hikes to bring inflation back toward the 2% target. Separately, the U.S. Producer Price Index (PPI) rose 4.7% year over year in July, below the 4.9% forecast and down from 5.5% in June. After the data, bitcoin traded above $63,600 while ether was below $1,900. Markets remain cautious about how further monetary tightening could affect crypto assets.
BTC
BTC-0.91%
8-14
8-13
Nasdaq ISE seeks SEC approval to broaden crypto ETF options framework to BTC, ETH, SOL and XRP
Nasdaq ISE has filed a proposed rule change with the SEC (File Number SR-ISE-2026-42) to expand a standardized framework for options on crypto ETF-related trusts to cover BTC, ETH, SOL and XRP. The proposal would require at least 85% of a trust’s net asset value to be made up of holdings that underlie derivatives contracts, while allowing up to 15% in digital commodities that do not meet derivatives-market requirements. It also sets a liquidity threshold, requiring each digital commodity to have an average daily global market value of at least $700 million over the prior 12 months. The framework outlines a pathway for more major crypto assets to enter the ETF options market.
BTC
BTC-0.91%
8-13
8-13
Chainlink whale transactions reach a 5-month high as LINK breaks multi-month downtrend
Chainlink (LINK) logged 246 whale transactions above $100,000 in the past 24 hours, the highest daily count in five months. Addresses holding between 100,000 and 10,000,000 LINK control 46.57% of total supply, as accumulation accelerates, according to Santiment. LINK has also broken a multi-month downtrend, with traders watching resistance at $10.87 and then the prior yearly high around $12.20.
LINK
LINK-2.61%
8-13
8-13
Hyperion profit more than triples to $31M as HYPE treasury rises to $133M
Hyperion posted a second consecutive record quarter, with second-quarter net income of $31 million, sharply higher than the prior quarter. Adjusted EBITDA rose to $53.7 million from $19.5 million. The company’s HYPE token holdings increased in value from $71 million to $132.6 million as the token price climbed from $36.60 to $65, ending the quarter with 2.04 million HYPE. Treasury gains totaled $54.8 million and operating expenses fell 21% to $2.3 million, while the stock is trading at $2.69.
HYPE
HYPE+1.14%
8-13
8-12
Bitcoin Holds Near $65,200 as CLARITY Act Misses Senate Deadline; Week Ends Up 3.7%
The CLARITY Act did not pass before the Senate’s deadline, but bitcoin still rose 3.7% for the week ended Aug. 7. U.S. spot bitcoin ETFs recorded net inflows of $853.54 million that week, though year-to-date net outflows remain around $4.5 billion. Bitcoin steadied around $65,200 even as the market absorbed a crypto hack and rising yields. During the earlier run from $75,000 to the October 2025 record high of $126,000, ETF weekly inflows topped $1 billion for multiple consecutive weeks.
BTC
BTC-0.91%
8-12