Norway’s sovereign wealth fund has earned a record 1.75 trillion kroner, or about $184.3 billion, in the first half of 2026 while disclosing a $1.22 billion investment in SpaceX for the first time. Summary Norway’s sovereign wealth fund generated a 9.4% return during the first six months of 2026. Asian technology stocks helped lift first-half
Can PI stretch all the way to $0.15, or is another pullback on the way? Pi Network’s native token, which has been on a major downfall over the past several months, is among the top-performing cryptocurrencies today (August 12). Its resurgence comes amid rumors that the controversial project has completed yet another ecosystem update.
Pi Network price rose more than 5% toward $0.090 on Aug. 12 as the Protocol 26 deadline passed and softer U.S. inflation data supported speculative assets. Summary Pi Network price rose more than 5% before settling near $0.088 during the session. Protocol 26’s Aug. 11 deadline required Mainnet node operators to update or lose connectivity.
XRP traded at $1.02 today. At that level, the token was approximately -70% below its 2025 peak near $3.50. A return to $3 in 2026 for Ripple would therefore depend on a recovery in price momentum as well as the institutional and regulatory factors that underpin the more bullish forecasts. Worryingly, the past three sessions
The US CPI data now follows the weaker-than-expected jobs report from last week. The US Bureau of Labor Statistics just published the Consumer Price Index data for July, which has essentially matched most expectations, with the regular CPI coming in at 3.3% to 3.4%. The substantial increase in the CORE CPI of 2.5% was
Bitcoin price recovered above $64,000 on Aug. 12 after a leveraged-position flush drove BTC into the $63,200 support zone ahead of key U.S. inflation data. Summary Bitcoin rebounded from $63,200 to about $64,130 after breaking below $64,000. Cumulative long-short positioning fell by roughly $174 million during the decline. The 4-hour chart places resistance near $64,400
The move will follow BlackRock’s debut of ETHB. A new report cited by Wu Blockchain informed that Fidelity, the entity behind the fourth-largest Ethereum ETF by AUM, plans to add staking and quarterly cash distributions to its FETH. It added that the exchange-traded fund tracking the performance of the largest altcoin can stake up
Kalshi puts the Democratic House majority at 84%. Maxine Waters, Shontel Brown, and Elizabeth Warren would control the committees that write crypto law. The industry’s legislative window may be closing faster than its lobbyists admit. Summary Kalshi prediction market odds place the probability of a Democratic House majority at 84% for the 2026 midterms, a
The timing raised some concerns within the community as the number of treasury companies selling BTC has been gradually increasing lately. The world’s third-largest public holder of Bitcoin made a substantial transfer hours ago, which raised some questions given the peculiar timing. Metaplanet, which adopted its BTC strategy a few years ago and was
Bitwise Asset Management has cut 14% of its workforce, reducing its global team to about 155 employees as the crypto asset manager operates through a prolonged market downturn. Summary Bitwise has cut 14% of its workforce, reducing its global team to about 155 employees. CEO Hunter Horsley said the layoffs leave the company positioned for