According to Bloomberg, Kraken's parent company Payward's adjusted pre tax profit for the second quarter of 2026 was $23 million, a decrease of 71% from $79.7 million in the same period last year. Adjusted revenue for the same period increased by 17% year-on-year to $508 million. Payward stated that the weak trading volume in the cryptocurrency market is putting pressure on profitability.

Verition Fund has increased its stake in IBIT by 19%, currently holding 3.07 million IBITs with a total value of $110 million. （Bitcoin Archive）

Binance launches APR trading competition, offering a reward of $200000. Users need to click "Join" on the Binance App activity page to track trading volume. Only buying trading volume will be counted in the statistics. The activity includes the Rising Trader Boost mechanism and a 1.2-fold trading volume bonus. On the first day of trading, users can enjoy a 2.0-fold bonus. （Binance Wallet）

Renowned trader Killa stated that if BTC falls below $60000 and falls within the current range, it may drop below $57000 for the remainder of August; If BTC stabilizes above $61000 to $62000 after 14 days, it may rebound within the range for the rest of August.

Alkeon Capital increased its stake in GBTC by 30% to 1.2 million shares, with a holding value of $59 million. （Bitcoin Archive）