
Crypto market update August 16: Bitcoin, Ethereum and XRP stall ahead of FOMC minutes
Bitcoin, Ethereum and XRP remain range bound as traders await the August 19 FOMC minutes and White House crypto meeting, with BTC near $63K and XRP defending $1.

Bitcoin, Ethereum and XRP remain range bound as traders await the August 19 FOMC minutes and White House crypto meeting, with BTC near $63K and XRP defending $1.

Kalshi faces a major regulatory battle in New York as the CFTC orders it to keep operating amid a lawsuit that could expose the prediction market to more than $36 billion in damages.

Bank of Montreal disclosed positions in two XRP ETFs worth nearly $3,000, adding to the growing institutional exposure to regulated XRP investment products.

Trump is expected to meet Coinbase, Ripple and other crypto executives on August 19 as political disputes push the CLARITY Act's 2026 passage odds lower.

The crypto market remains range-bound on August 15, but Solana ETF inflows lead the week while Chainlink and Shiba Inu outperform major assets.

Dogecoin is consolidating near $0.07 as whales accumulate 470 million DOGE and traders await potential crypto policy signals from the White House.

XRP is holding near the crucial $1 support as XRP Ledger activity reaches a two-month high. Rising derivatives activity could support a rebound if buyers reclaim $1.02.

JPMorgan has returned to XRP ETF exposure while sharply increasing its holdings of BlackRock’s Bitcoin and Ethereum ETFs, according to its latest SEC filing.

Robinhood Chain is nearing $1 billion in TVL with Uniswap providing most of its liquidity, while rising protocol fees could accelerate UNI burns.

Bitcoin’s nearly 50% decline from its record high mirrors past cycle downturns. VanEck and CryptoQuant see potential signs of a bottom, but caution remains.

6th Man Ventures co-founder Mike Dudas says Solana’s low fees, fast settlement and broad ecosystem could help bring crypto applications to hundreds of millions of mainstream users.

Bitwise is exploring tokenized fund shares with Superstate, with its Solana staking ETF potentially becoming its first tokenized fund.

XRP continues to defend the $1 level as the CLARITY Act stalls in the Senate. Meanwhile, the CFTC is moving ahead with its crypto regulatory agenda.

Bitcoin nears $62K as Bank of Japan rate-hike fears, geopolitical tensions and weak ETF demand pressure the crypto market, while UNI plunges 9% to lead altcoin losses.

The S&P 500 closed at a record 7,798.99 as cooling inflation reduced expectations for a September Fed rate hike. Here's what investors are watching next.

The White House is expected to meet crypto and prediction market executives on August 19 as the CLARITY Act remains stalled in the Senate.

Chainlink has gained 10% this week as its MVRV ratio forms a bullish golden cross. Here are the key levels LINK needs to clear for a potential 30% rally.

Curve, Lighter, Harmony and Internet Computer are facing major developments in 2026. Here are the key catalysts, risks and metrics to watch.

Bank of Montreal disclosed positions in two XRP-linked ETFs as institutional exposure to the cryptocurrency expands through regulated investment products.

Bitcoin and Ethereum fall as geopolitical uncertainty offsets lower Fed hike odds, while HYPE gains on reports of Hyperliquid's U.S. expansion.

The Bank of Russia proposes regulated public trading for Bitcoin, Ethereum and USDT, with a ₽300,000 annual purchase limit for non-qualified investors.

Metaplanet CEO Simon Gerovich denied selling Bitcoin after a 5,014 BTC transfer worth $322 million, saying the move was a routine custody operation.

A software flaw in an XRP bridge allowed an attacker to create unbacked balances and drain nearly 200,000 XRP from its reserves.

Forward Industries reported a $69 million fiscal Q3 loss after Solana-related writedowns, even as its treasury grew above 7.55 million SOL.