Crypto
Stay updated on the latest crypto market news, including Bitcoin, Ethereum, DeFi, Web3, token listings, regulation, ETFs and major project developments. edgeX News curates important crypto updates to help traders and investors follow market-moving stories across the digital asset ecosystem.
2026 Week 32 Crypto Market Watch: Bitcoin Leads a $50 Billion Rebound as ETF Demand Returns
Cryptocurrency markets partially recovered during Week 32 (August 3–9, 2026), with total capitalization rising 2.33% to $2.20 trillion and closing at the weekly high. Bitcoin led the advance, gaining approximately 2.24% to $64,886 while increasing its market dominance to 59.39%. U.S. spot Bitcoin and Ether ETFs attracted sustained inflows throughout the week, providing firmer institutional support than the prior week. However, the recovery remained concentrated rather than broad-based, as ETH/BTC held nearly flat and several large-cap altcoins posted notable declines. Late-week exchange BTC deposits and significant leveraged position concentrations on both sides of BTC and ETH leave the market exposed to potential volatility heading into Week 33.
Goldman Sachs' $2.25 Billion NEOS Acquisition Could Bring BTCI Bitcoin Income ETF Under Bank's Control
Goldman Sachs has reached a $2.25 billion agreement to acquire NEOS Investments, the issuer of the BTCI Bitcoin income ETF, a yield-generating cryptocurrency fund that differs from conventional spot Bitcoin products. The deal would transfer ownership of an already-operational Bitcoin income fund to Goldman's asset management division, pending regulatory review and closing conditions. Until completion, BTCI remains under NEOS management. The acquisition aligns with a broader industry trend of large financial institutions acquiring specialized ETF issuers to accelerate digital-asset product expansion. Goldman Sachs had previously filed for its own Bitcoin premium income ETF, and the NEOS deal would give the bank an established product rather than requiring it to build one internally. The transaction reflects intensifying competition among major asset managers for differentiated Bitcoin fund offerings.
Securitize Reports $14.4M Q2 Revenue as Tokenized AUM Reaches $4.3B
Securitize reported $14.4 million in second-quarter revenue as tokenized assets under management reached $4.3 billion, driven by 16% year-over-year growth in average tokenized AUM and a 147% surge in transaction volume to $5.3 billion. Despite this operational expansion, revenue declined 5% and the company posted a $21.7 million net loss with negative adjusted EBITDA of $5.5 million. The firm significantly broadened its tokenized-equity infrastructure ahead of its NYSE listing, securing partnerships with Computershare, Cantor Fitzgerald, and Jump Trading, while obtaining FINRA approval for tokenized securities custody. With approximately $350 million in cash and no debt, Securitize continues investing in multichain expansion and regulated settlement capabilities.
Proposed Federal Rule Could Broaden Crypto Access Within U.S. 401(k) Retirement Plans
A proposed federal rule could make it easier for U.S. 401(k) retirement plans to offer cryptocurrency, including Bitcoin, but the change is not yet final and would still depend on individual employers’ plan decisions. The policy direction follows a White House directive to reexamine alternative assets in retirement accounts and marks a shift from 2022 Labor Department guidance that urged extreme caution on crypto. If adopted, the measure could expand digital-asset access in tax-advantaged accounts, though fiduciary, compliance, and volatility concerns remain unresolved as rulemaking continues.
UBS Bitcoin ETF Call Exposure Surges 2,338% as Direct IBIT Holdings Rise 11.9%
UBS Group's Form 13F filing revealed an 11.9% increase in direct holdings of BlackRock's iShares Bitcoin Trust ETF (IBIT) to 407,890 shares as of June 30, 2024. More notably, the bank's call options exposure surged approximately 2,338%, while put exposure declined 53%. The article cautions that headlines citing a 230% increase or valuations near $90 million are misleading, as they improperly merge direct ETF ownership with separately reported options positions. The filing, a consolidated report across multiple UBS entities, marks one of the earliest to capture a full quarter of institutional positioning in spot Bitcoin ETFs since their January 2024 launch.
Kaspa's Historic Rally Draws Attention to BlockDAG's Stage 1 Presale
An analyst has projected that BlockDAG, a DAG-based cryptocurrency project currently in Stage 1 of a 25-stage presale at $0.002 per coin, could approach $1 following its presale phase, drawing parallels to Kaspa's historic early-stage rally. Both projects employ GhostDAG consensus combined with proof-of-work security, enabling parallel transaction processing. Kaspa, which now trades between $0.026 and $0.03, expanded significantly in 2026 through its Casplex Layer-2 smart contract solution and KRC-20 token standard. BlockDAG has already launched a live casino with over 13,000 registered players and reports throughput of 7,000 transactions per second with EVM compatibility. However, the $1 target remains speculative and depends on exchange listings, adoption, and broader market conditions, with the presale roadmap concluding at $0.05 and an intended launch reference price of $0.10 backed by $100 million in planned liquidity.
BlockDAG Emerges as Most Searched Crypto Presale Project in 2026
BlockDAG has consistently dominated cryptocurrency presale-related search queries throughout 2026, attracting attention from both supporters and skeptics. The project distinguishes itself from typical presale ventures through verifiable activity, including a fully operational casino platform with over 13,000 registered players and a live blockchain network. BlockDAG employs a hybrid architecture combining Proof-of-Work security with DAG parallel transaction processing, reportedly achieving approximately 7,000 transactions per second with 2-second confirmation times while maintaining EVM compatibility. Currently in Stage 1 of a 25-stage presale at $0.002 per token, the project reports holders across 130 countries. While BlockDAG targets a $0.10 launch price, this remains aspirational and presale participants face inherent volatility and jurisdiction-dependent regulatory risks.
Trezor Data Breach Exposes Information of Nearly 14,000 Hardware Wallet Customers
Trezor, a leading cryptocurrency hardware wallet manufacturer, has disclosed a data breach affecting 13,689 customers across seven countries who placed orders within 90 days prior to August 8. The breach originated at ShipMonk, Trezor's third-party fulfillment partner, which experienced unauthorized access to its systems. Of those affected, 11,742 customers had names, emails, phone numbers, and shipping addresses compromised, while 1,947 had more limited data exposed. Trezor confirmed its own systems and devices remain secure but warned that affected customers face heightened phishing risks, as attackers could use the leaked information to craft targeted schemes aimed at stealing recovery seed phrases. The incident follows several other recent security breaches in the hardware wallet industry.
Altcoins to Watch as Softer U.S. Inflation Leaves Bitcoin Unmoved
Despite cooling U.S. inflation driving the S&P 500 to a record high on August 13, cryptocurrency markets barely responded, with Bitcoin trading near $63,759 and Ethereum essentially flat at $1,889.66. The muted reaction underscores how even favorable macroeconomic conditions have failed to shift crypto sentiment from caution into a sustained rally. Against this backdrop, three altcoin projects are drawing attention for use cases independent of Bitcoin's price movements. Bitcoin Hyper has raised $33 million to build a Layer 2 application ecosystem around BTC, LiquidChain has secured $937,000 for cross-chain liquidity infrastructure connecting major networks, and meme coin Maxi Doge has attracted $4.84 million in presale funding ahead of exchange listings.
Lombard Shifts LBTC Yield Strategy to Bitwise-Managed Covered Calls, Targeting 2.5% Net APY
Lombard, a Bitcoin liquid staking protocol, is replacing Babylon Bitcoin staking with a covered-call options strategy managed by Bitwise for its LBTC token, targeting a 2.5% annual net APY in BTC. Up to 60% of LBTC collateral will be directed to the strategy, with Bitcoin custodied by Anchorage Digital Bank and Kraken Institutional. The transition begins with a $10 million pilot allocation in mid-August, with full deployment expected by September. The shift reflects Lombard's pursuit of more predictable returns amid Babylon's fluctuating yields and aligns with a broader trend of Bitcoin DeFi protocols adopting options-based yield strategies. Existing LBTC holders will transition automatically without needing to take any action.