Crypto Slips as Bitcoin Falls to $79,000, XRP Drops Over 4%
Bitcoin retreats to roughly $79,000 and XRP sinks more than 4% as the crypto market cools after a strong weekly rally, per GuruFocus data from August 26, 2026.
Galaxy Digital Launches 8.99% Crypto-Backed Credit Line for Retail Investors
Galaxy Digital (GLXY) rolls out a retail crypto credit line on GalaxyOne, letting Bitcoin, Ethereum, and staked Solana holders borrow cash at 8.99% APR without selling.
Iran, Oman Strike Temporary Deal to Ease Strait of Hormuz Blockade
Iran and Oman agree on a temporary shipping corridor through the Strait of Hormuz as sanctions replace strikes and oil futures react.
BitMine Nears 5% of All Ethereum With $14.27B ETH Stockpile
BitMine added 32,447 ETH in a week, pushing holdings to 5.85M tokens worth $14.27B and closing in on Tom Lee’s 5% supply target.
Brent Crude Sinks Below $90 as Wall Street Futures Rally on Iran Optimism
Brent crude dropped over 3% below $90 a barrel and Nasdaq futures jumped 0.9% as signs of Iran de-escalation lifted chipmakers and eased bond yields.
Bitcoin Opens Above $79,000, Its Highest Level in Over Three Months
Bitcoin opened at $78,982.27 on August 25, 2026, up 1.6% from the prior session and its best opening in over three months, while Ethereum climbed to $2,482.37.
US Treasury Doubles Buyback Size as Debt Crisis Fears Simmer
Treasury Secretary Bessent’s Yen intervention and doubled bond buybacks spark debt crisis talk, with Japan, China, India and Brazil already trimming Treasury holdings.
Chip Stocks Sink Up to 5% as Wall Street Braces for Nvidia’s Earnings Reveal
Intel dropped 5%, AMD 4% and Micron 5.8% ahead of Nvidia’s Wednesday report, with the S&P 500 slipping to 7,652.86 amid analyst warnings of a possible 20% drawdown.
LS Electric Doubles AI Data Center Contract to $166 Million with US Tech Giant
South Korea’s LS Electric expanded a power infrastructure deal 117% to $165.72 million as its unnamed Big Tech client scales up AI data center capacity in Texas and Utah.
US-Iran War Support Hits Record Low as Washington Pivots to Sanctions
A new Reuters/Ipsos poll shows just 31% of Americans back the six-month Iran conflict, as US strategy shifts toward an economic sanctions push targeting five key sectors.