Bitcoin eyes new August lows as Binance longs face ‘cleanout’

Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure on leveraged longs. Source: Cointelegraph

Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure on leveraged longs. Source: Cointelegraph

RedotPay’s US IPO has reportedly been delayed as it seeks regulatory approvals, while the company says it secured a US money transmitter license. Source: Cointelegraph

JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform goes public. Source: Cointelegraph

Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground. Source: Cointelegraph

The SEC canceled a meeting on proposed crypto offering rules after the Senate left for recess without voting on the CLARITY Act. Source: Cointelegraph

BA Labs had previously classified a proposed NUSD integration as higher risk because of its counterparty, operational and liquidity exposure. Source: Cointelegraph

Figure expects consumer loan marketplace volume to range from $4.8 billion to $5.2 billion in the third quarter. Source: Cointelegraph

Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake. Source: Cointelegraph

The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi. Source: Cointelegraph

KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion. Source: Cointelegraph