CoinGape Crypto News

🚨 OCC Approves World Liberty Charter The OCC has granted preliminary conditional approval for World Liberty Financial’s national trust bank charter. The approval could allow USD1 issuance, reserve management and institutional custody under OCC supervision. 🔗 Know more: https://coingape.com/occ-grants-conditional-approval-to-trump-backed-world-libertys-national-trust-bank-charter/

🚨 Crypto Leaders Head to White House Coinbase, Ripple, Chainlink, Paradigm and Kalshi executives are expected at the August 19 meeting with Trump and U.S. regulators. The meeting comes as CLARITY Act odds fall to 19% for passage this year. 🔗 Know more: https://coingape.com/coinbase-ripple-executives-expected-at-white-house-crypto-meeting-with-trump-officials/

📉 LATEST: WisdomTree Chief Economist Jeremy Siegel says he doesn’t “see any way” Fed Chair Kevin Warsh will raise interest rates in September if oil remains in the low $80s. News ✦ X (Twitter) ✦ YouTube

🚨 LATEST: 🇮🇱 An Israeli bank has launched trading for Bitcoin, Ethereum, and Solana through a partnership with Galaxy. 🔗 Know more: https://coingape.com/israel-bank-rolls-out-bitcoin-ethereum-solana-trading-with-galaxy-partnership/

🚨 LATEST: 🇺🇸 Treasury Secretary Scott Bessent says U.S. core inflation has fallen to 2.5%, while lower-wage workers' earnings have increased 5.5%. 🔗 Know more: https://coingape.com/scott-bessent-says-us-core-inflation-falls-to-2-5-as-lower-wage-workers-gain-5-5/

🚨 Binance Tightens Crypto Restrictions Binance will restrict transactions involving HTX, EXMO and nine other platforms from August 23, citing regulatory and compliance requirements. Affected transactions and wallets may face additional reviews or temporary restrictions. 🔗 Know more: https://coingape.com/binance-to-halt-transactions-involving-htx-exmo-and-nine-other-crypto-platforms/

📊 LATEST: VanEck says Bitcoin is showing signs of near-bottoming in the low $60Ks, while describing bear market cycles as “features, not structural breaks.” News ✦ X (Twitter) ✦ YouTube

🚨 LATEST: 📊 MSCI has proposed excluding “non-operating companies” from its major global indexes, with new criteria that could lead to the removal of Strategy and Metaplanet. News ✦ X (Twitter) ✦ YouTube

🚨 SpaceX Completes $60B Cursor Deal SpaceX has completed its acquisition of Cursor parent Anysphere, making Cursor a wholly owned subsidiary. The deal values Cursor at $60 billion, while SPCX shares fell over 2% at the open. 🔗 Know more: https://coingape.com/elon-musks-spacex-completes-60b-acquisition-of-cursor-ai-startup/

🚨 RedotPay Delays U.S. IPO RedotPay has pushed its planned U.S. IPO beyond 2026 as it focuses on regulatory approvals while defending a $473 million lawsuit from Binance-linked entities. The stablecoin payments firm says it remains committed to expanding into the U.S. market. 🔗 Know more: https://coingape.com/redotpay-pushes-u-s-ipo-beyond-2026-amid-473-million-binance-linked-lawsuit/

🔥 SHIB Burn Rate Surges 530% Shiba Inu rises 0.93% as burn activity jumps 530% in 24 hours, with 448,431 SHIB burned in one transaction. SHIB must hold $0.00000440 to target $0.00000477 and potentially $0.000005. 🔗 Know more: https://coingape.com/markets/shiba-inu-price-forecast-as-burn-rate-soars-530/

🚨 Bitcoin Retests $62K Bitcoin drops as a hawkish Bank of Japan outlook, rising geopolitical tensions and weak ETF demand weigh on crypto. BTC eyes $60K if $62,560 support breaks, while UNI leads altcoin losses with an 8% drop. 🔗 Know more: https://coingape.com/markets/crypto-market-update-august-14-bitcoin-retests-62k-as-boj-eyes-faster-rate-hikes-uni-crashes/