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Alibaba’s Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower

August 20, 2026 by kamal

Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba’s run of profit misses to a fifth straight quarter.

Categories Crypto, Decrypt Leave a comment

XRP Notches Best Week Since 2024 Election Pump on Bitcoin Short Squeeze

August 20, 2026 by kamal

The token’s steepest daily and weekly gains in months rode Bitcoin’s record liquidation wave—though ETF flows and futures data hint the move is running on borrowed momentum.

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US debt tops $40T stoking debate on what it means for Bitcoin

August 20, 2026 by kamal

Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers.

Categories CoinTelegraph, Crypto Leave a comment

Iranian Hackers Tied to $6 Million Bitcoin Extortion Charged in Massive Cyber Campaign

August 20, 2026 by kamal

Seventeen alleged members of Iran-based Mabna Institute were charged over hacks targeting hundreds of universities, companies, and government agencies.

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Nearly 2,000 Hacked WordPress Sites Turned Into Criminal Infrastructure

August 20, 2026 by kamal

The StopAndProtect operation used compromised WordPress websites to spread malware, steal crypto wallet files, and deploy ransomware.

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Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist

August 20, 2026 by kamal

Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer.

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Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1

August 20, 2026 by kamal

Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets.

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Bitcoin Hits Highest Price Since June as $3 Billion in Shorts Liquidated

August 20, 2026 by kamal

Bitcoin punched above $72,000 Thursday, extending a two-day squeeze that’s wiped out the most short positions on record and mounted the first real challenge to a bearish chart that’s held since November.

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Most Americans say the Trump family’s crypto investments are not ‘appropriate’: Poll

August 20, 2026 by kamal

A new poll showed 63% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family to invest in crypto.

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Optimism moves 546.9M OP from future airdrops to ecosystem growth fund

August 20, 2026 by kamal

The governance vote redirects tokens previously reserved for user airdrops toward partnerships, incentives and Optimism’s growing institutional push.

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Bitcoin price reaches $72.5K as US issues ‘Economic D-Day’ threat to Iran

August 20, 2026 by kamal

Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran.

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Bitcoin’s jump above $71,000 sets up bullish golden cross pattern

August 20, 2026 by kamal

Bitcoin’s improving momentum could produce a golden cross, but the rally still faces an important test.

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Crypto for Advisors: What are tokenized deposits?

August 20, 2026 by kamal

Banks are moving deposits on-chain using permissioned systems, not open ones. See why privacy and compliance dictate this path in this week’s newsletter.

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Morning Minute: Hyperliquid Is Coming to the US

August 20, 2026 by kamal

At least, if Trump and the CFTC have their way. And the market really, really liked the news.

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Fake Crypto AML Checkers Are Trying to Drain Users’ Wallets

August 20, 2026 by kamal

Scammers are impersonating crypto compliance services to trick users into approving transactions that could put their assets at risk.

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MiCA cracks down on USDT in Europe… but no one else cares

August 20, 2026 by kamal

USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether.

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Bitdeer signs $400M AI cloud computing deal for Malaysia facility

August 20, 2026 by kamal

Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028.

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Cybersecurity firm unveils crypto phishing campaign targeting 885,000 phone numbers

August 20, 2026 by kamal

Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet provider websites.

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Optimism-funded team’s deciding vote shifts $49 million in OP tokens away from users

August 20, 2026 by kamal

The approved plan reallocates 546.9 million OP from user airdrops to a Foundation-controlled Strategic Ecosystem Fund.

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Ripple-linked XRP jumps 15% as data shows ‘banker hours’ onchain pattern

August 20, 2026 by kamal

Three hours spanning the London afternoon and New York morning account for about 23% of XRP moving onchain, up from roughly 14% a year ago.

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Fed liquidity promises, dollar weakness could determine bitcoin’s next move

August 20, 2026 by kamal

Your day-ahead look for Aug. 20, 2026

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Flock’s New AI Police Tool Can Track Drivers Without a Name or License Plate

August 20, 2026 by kamal

The underlying code for “OS Investigate” has 69 preloaded AI prompts that turn Flock cameras into a super-charged surveillance system that identifies people by how they move.

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Bitcoin ETFs draw $517M in largest one-day inflow since early May

August 20, 2026 by kamal

Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.

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Crypto generated about 1% of Webull’s record $198M Q2 revenue

August 20, 2026 by kamal

While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream.

Categories CoinTelegraph, Crypto Leave a comment

Bitcoin rally sparks debate whether Clarity Act is already priced in

August 20, 2026 by kamal

Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.

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Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out

August 20, 2026 by kamal

Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.

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Crypto short liquidations pass $3B mark as Bitcoin price nears $72K

August 20, 2026 by kamal

Bitcoin approached $72,000 in a second day of upside as crypto short liquidations passed $3.1 billion.

Categories CoinTelegraph, Crypto Leave a comment

Elon Musk’s X is exploring stablecoins to pay influencers and content providers

August 20, 2026 by kamal

Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers.

Categories CoinDesk, Crypto Leave a comment

Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules

August 20, 2026 by kamal

OCC Comptroller Jonathan Gould told the Wyoming Blockchain Symposium the agency is moving at a rapid pace to beat a January statutory deadline, after already missing an earlier July target.

Categories Crypto, Decrypt Leave a comment

BitGo secures South Korea virtual asset license, says it’s the first global crypto company to do so

August 20, 2026 by kamal

Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather than taking the acquisition route.

Categories CoinDesk, Crypto Leave a comment
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