Crypto Newsletter

Bitcoin has risen from $63.9K (end of July) to over $79K; BlackRock's IBIT ETF records record inflows of over $600M in 4 days and dominates with 82% of weekly inflows. Massive institutional demand through spot ETFs normalizes Bitcoin as a treasury asset for large corporations and pension funds.

MiCA came into full force on July 1, 2026; of 2,700 registered crypto firms before MiCA, only ~200 have received a license (90% attrition). Tether's $186B USDT remains non-compliant and is banned from EU platforms; EU already planning MiCA revision for 2027.

Ethereum trades at $2.4K–$2.5K and shows stronger momentum than Bitcoin; analysts project price targets $4K→$7K→$13K for 2026–2027 supported by Clarity Act and technical upgrades (Glamsterdam). ETH ETFs recorded August inflows of $365M, exceeding Bitcoin inflows for the first time.

OTHERS index breaks out after 2.5 years of downtrend; institutional liquidity concentrates on RWA infrastructure ($ONDO, $LINK), AI/DePIN compute ($TAO, $RENDER), and fast L2 execution ($HYPE, $SOL, $SUI). Simultaneously, over 100 altcoin projects fail to secure funding (dot-com shakeout).

GENIUS Act has been US law since July 2025; MiCA transition period ended July 1, 2026; only 6 stablecoins (USDC, EURC, EURI, EURQ, USDG, EURG) are MiCA-authorized. Regulatory gap between USA and EU leads to fragmentation; EU revision by Sept. 2026 could impact non-EU issuers like Tether.

Trump support for Clarity Act and SEC regulatory announcement on Aug. 20 trigger ETH +17.5% rally in 24h; Bitcoin and Ethereum trade near yearly highs. Analysts forecast BTC $250K and ETH $8K medium-term; altcoins expected to gain 10–100x on favorable entry points.