Chinas central bank injected fresh liquidity into the financial system on Friday, but the move failed to provide an immediate boost to Bitcoin. The Peoples Bank of China (PBOC) used overnight reverse repos for the first time in the middle of a month, injecting roughly 350 billion yuan. The facility allows the central bank to lend money to commercial banks for one day, with repayment due the following morning. More liquidity is already scheduled. The PBOC plans additional operations from August 17 through August 19, with each day capped at 600 billion yuan, or approximately $88 billion. Across...

Payward, the parent company of crypto exchange Kraken, reported a sharp profit decline despite posting strong revenue growth in the second quarter of 2026, raising questions about the cost of its aggressive acquisition strategy. Paywards revenue climbed 17% year over year to $508 million, contrasting sharply with Coinbase. The US-listed crypto exchange generated $1.22 billion in quarterly revenue, down 18% from the previous year, while recording a $359 million net loss, largely linked to declines in the value of its crypto holdings. The divergence suggests the broader crypto market slowdown...

Anchorpoint Financial opened its HKDAP stablecoin to institutional, corporate and professional investors on Aug. 12, marking a new phase in Hong Kongs regulated digital asset market. Retail investors, however, remain excluded for now. The Hong Kong Monetary Authority (HKMA) received 36 stablecoin licence applications before submissions closed in September 2025 but approved only two. HSBC secured one licence, while Anchorpoint received the other, FRS01. Anchorpoint is a subsidiary of Standard Chartered Bank (Hong Kong), with HKT and Animoca Brands as venture partners. HashKey Exchange and OSL...

Cardano (ADA) price is defending the crucial $0.18 support level as activity across its decentralized finance ecosystem strengthens. Cardano DeFi TVL has increased by more than 14 million ADA since August 8, although weak institutional demand could limit the cryptocurrencys near-term recovery. According to DeFiLlama data, Cardanos total value locked climbed from 351.5 million ADA on August 8 to 365.73 million ADA, currently valued at approximately $66.65 million. The networks stablecoin supply has also expanded, rising from around $63 million on August 1 to $67 million. However, decentralized...

Stellar is preparing for a major blockchain upgrade designed to simplify smart contract development while improving network performance as adoption and activity continue to grow. The upcoming Adapter upgrade, also known as Protocol 28, introduces three key changes focused on Soroban smart contracts and Stellars consensus infrastructure. According to Stellar, the upgrade aims to give developers better tools for building, upgrading, and scaling blockchain applications without sacrificing the networks speed or low transaction costs. Two proposals, CAP-85 and CAP-86, specifically target Soroban...

Binance has announced another round of service changes affecting Sophon (SOPH), several spot trading pairs, margin products and crypto loans as part of its ongoing platform reviews. The cryptocurrency exchange will stop supporting deposits and withdrawals of Sophon (SOPH) through the BNB Smart Chain (BSC) network on August 21 at 08:00 UTC. Users holding or transferring SOPH should take note of the deadline, as deposits made through BNB Smart Chain after support ends will not be credited to Binance accounts and could result in the loss of funds. The change specifically affects SOPH...

XRP whales are stepping up their accumulation near the crucial $1 price level, helping offset weakening institutional demand as spot XRP exchange-traded funds (ETFs) see their net assets fall below $1 billion. According to on-chain analytics platform Santiment, large XRP holders accumulated another 72 million tokens over the past 24 hours. The latest purchases extend a broader accumulation trend, with whales adding more than 452 million XRP over the past several weeks. Combined holdings among these major investors have now climbed to approximately 12.18 billion XRP. Meanwhile, the number of...

Strategy is pushing back against MSCIs proposed methodology for classifying non-operating companies, warning that the changes could lead to MSTR being removed from the index providers global equity benchmarks. The worlds largest corporate Bitcoin holder criticized the proposal in a post on X, arguing that index providers should remain neutral about the types of assets companies choose to hold. Digital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own, Strategy said, adding that MSCIs approach is increasingly disconnected from...

Bank Leumi, Israels largest bank, is preparing to launch cryptocurrency trading services in early 2027, becoming the first Israeli bank to announce plans to provide customers with direct access to digital asset trading. The new service will allow customers of Bank Leumi and its mobile banking platform, Pepper, to buy, sell and hold Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). Crypto trading will be integrated directly into the Leumi Trade app, giving customers access to digital assets alongside the banks existing capital markets services. Bank Leumi is partnering with digital asset...

TokenPost’s "Crypto Horoscope” is provided for entertainment and psychological refreshment purposes only, and should not be considered as investment reference material. It is not related to actual market conditions or technical analysis, and does not constitute any form of investment advice. We wish you success in your investments. [Editor’s Note] Aries — “Fast Hands, Tighter Grip” Index 63: Fearful markets can tempt you into leverage just to feel in control, but today reads better as a discipline test—move like a trader, not a daredevil. Taurus — “The Patient Bid Below” Index 71: Your...