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๐Ÿšจ UPDATE: $13.8B in Bitcoin options set to expire on Aug. 29 could reveal whether Bitcoin's 9.7% correction signals the end of the bull run or a temporary pause.

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โšก๏ธNew: JPMorgan analysts point to four drivers behind ETH's recent outperformance of BTC.

Key factors include the anticipated approvals for a spot ETH ETF, growing corporate treasury adoption, clearer SEC guidance on liquid staking, and in-kind ETF redemptions.

Read more: ct.com

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๐Ÿšจ Update: Invesco Galaxy submitted an amended S-1 for its Solana ETF to the SEC.

Read more: ct.com

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๐Ÿ”ฅ BREAKING: State Street, a $5.1 trillion asset manager, joins JPMorganโ€™s tokenized debt platform as its first external custodian, enabling it to custody blockchain-based debt securities for investors.

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๐Ÿšจ Update: Rapper Yeโ€™s $YZY token has fallen more than 70% in the first 24 hours after launch.

Read more: ct.com

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๐Ÿ—ž Here's the latest from the past 24 hours.

๐Ÿšจ Rapper Ye just launched his own token, $YZY, with market cap briefly topping $3B according to Nansen data.

๐Ÿšจ Kraken and Backed expand xStocks onto the TRON blockchain, enabling TRC-20 tokenized US stocks.

๐Ÿšจ TRM Labs unveils Beacon Network, the first real-time crypto crime response network.

๐Ÿ‡บ๐Ÿ‡ธ ETF FLOWS: About $315.9M in BTC and $240.2M in ETH were sold on Aug. 20.

โšก๏ธ The Ethereum Foundationโ€™s "Trillion Dollar Security" enters Phase 2, focusing on wallet UX improvements.

๐Ÿ”ฅ Justin Sun says the Tron community will adjust network fees as TRX price and transaction costs rise to keep the network competitive.

๐Ÿ”ฅ Gemini secures MiCA license from MFSA.

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ช๐Ÿ‡บ US and EU release joint trade deal statement.

โšก๏ธ MetaMask unveils its first native stablecoin, $mUSD.

๐Ÿ”ฅ Bank of America says stablecoin demand for Treasuries could rise by $25Bโ€“$75B.

๐Ÿ‡ฐ๐Ÿ‡ท Tether and Circle executives to meet South Koreaโ€™s largest banks this week, Yonhap reports.

๐Ÿšจ Verb Technology (soon to be Ton Strategy Company) announced $780M in treasury assets, including $713M in Toncoin, as part of its TON accumulation strategy.

๐Ÿšจ Onchain sleuth Dethective links the $YZY sniper wallet to LIBRA insiders. Nearly $23M extracted across both launches.

๐Ÿ”ฅ DOJโ€™s Matt Galeotti said new 1960(b)(1)(C) charges will not apply to โ€œtruly decentralized, peer-to-peer softwareโ€ without third-party custody.

๐Ÿ‡บ๐Ÿ‡ธ CFTC Acting Chairman Pham unveils the next crypto sprint initiative to implement the Trump administrationโ€™s crypto recommendations.

๐Ÿ‡บ๐Ÿ‡ธ Pennsylvania House introduces a bill to ban public officials from trading Bitcoin and crypto while in office.

Read more: ct.com

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๐Ÿ”ฅ Bullish signal: UBS, the Swiss investment bank, says overseas Chinese family offices are allocating roughly 5% of their portfolios to crypto.

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๐Ÿ‡ฏ๐Ÿ‡ต Breaking: Ripple teams up with Japan's SBI Holdings, via its subsidiary SBI VC Trade, to bring the RLUSD stablecoin to Japan in Q1 2026.

Read more: ct.com

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๐Ÿšจ Breaking: Japan's SBI Holdings teams up with Startale Group to build a comprehensive on-chain trading platform for crypto, tokenized stocks, and real-world assets.

Read more: ct.com

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Breaking update: BlackRock's spot Ethereum ETF bought 53,890 ETH for about $233.6 million on August 21.

Read more: ct.com

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๐Ÿ‡ช๐Ÿ‡บ JUST IN: The EU is speeding up its digital euro plans, weighing building on Ethereum or Solana instead of private networks, FT reports.

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๐Ÿ‡บ๐Ÿ‡ธ ETF FLOWS: On Aug. 21, roughly $194.4 million of BTC were sold and $287.6 million of ETH were bought.

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โšก๏ธ NEW: Meta inks a $10B deal with Google to boost its cloud computing power for AI, per Bloomberg.

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๐Ÿ‡บ๐Ÿ‡ธ TODAY: Fed Chair Powell is set to speak at 10:00 AM ET at the Jackson Hole Economic Symposium.

Will he address a potential rate cut?

Read more: ct.com

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๐Ÿ‡ฏ๐Ÿ‡ต NEW: Eric Trump is headed to Tokyo this September for Metaplanet's shareholder meeting, part of his push into crypto, Bloomberg reports.

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๐Ÿ”ฅ LATEST: BlackRock has become the largest known Bitcoin custodian, surpassing exchanges, according to CryptoQuant.

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๐Ÿšจ TODAY: 75,451 traders liquidated in the last 24 hours, wiping out $215.78M.

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๐Ÿšจ Update: AUSTRAC has ordered Binance Australia to appoint an external auditor amid serious concerns about its AML/CTF systems.

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๐Ÿ‡ต๐Ÿ‡ญ BREAKING: Philippines has filed HB 421 to establish a Strategic Bitcoin Reserve.

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๐Ÿ”ฅ Breaking: Ethena designates $BNB as the first asset in its revamped framework to back $USDe perpetuals.

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๐Ÿ‡ฆ๐Ÿ‡ช CZ: The $BNB token is now tradable on RAKBANK in the UAE.

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