Local stablecoins, supposed to reduce dependence on the dollar, might instead accelerate it. According to the IMF, their adoption strengthens the dollar. An explosive paradox disrupting emerging markets. Why and how?
BIP 110, a temporary soft fork designed to limit non-financial data recorded on Bitcoin, indeed caused a split at block 961,632. But its branch produced only two blocks in eight hours. The network has just reminded us that a rule without miners remains mostly an intention.
While the crypto market struggles to find a clear direction, China is quietly accelerating its strategy on a completely different front. The People's Bank of China (PBOC) has once again increased its gold reserves, confirming a policy of accumulation carried out for several months. This choice reflects Beijing's desire to strengthen its financial autonomy in an environment marked by geopolitical tensions, monetary uncertainties, and the questioning of the global economic order.
Spot ETFs linked to XRP have just recorded a fourth positive week. This dynamic contrasts with several more cautious signals that have recently appeared in the market. After a July marked by net inflows, flows slow sharply at the beginning of August. At the same time, the token price has approached an important support at 1 dollar. Investors are now monitoring the strength of this level, as analysts consider several scenarios for the next step.
Crypto: the court of appeals definitively confirms the 25-year sentence of Sam Bankman-Fried, the fallen ex-boss of FTX. Details!
In 2026, more than 100 crypto projects have shut down, filed for bankruptcy, or ceased operations, according to RootData. This wave has affected exchanges, wallets, DeFi, NFTs, and some blockchains. In late July, BitMEX, BitMart, Movement Labs, and Storj Labs announced their closure or bankruptcy filings within a single week. Meanwhile, Moonbeam stopped producing blocks on July 31. The sector is therefore entering a broad and highly visible phase of consolidation.
The BRICS face a decisive summit in an unprecedented climate of tension. Gathered in New Delhi on September 12 and 13, 2026, the ten members of the bloc must present a common vision on strategic issues such as dedollarization and economic cooperation. The exercise promises to be delicate. Territorial rivalries between some partners, combined with commercial pressures from Washington, weaken the image of a united front. This meeting will determine whether the BRICS can still turn their ambitions into a real alternative to the dollar-dominated financial system.
Three influential analysts believe that bitcoin has found its floor after falling below 60,000 dollars in July. The price returning around 65,000 dollars fuels their optimism. However, market history and the weight of leverage do not yet allow shouting victory.
A simple chart published by Michael Saylor is now enough to spark speculation in the bitcoin market. This Sunday, August 9, the executive chairman of Strategy once again fueled expectations by sharing on X his famous tracking of the company’s holdings. Indeed, this almost weekly appointment occurs during a period when Strategy is restructuring its capital and the cryptocurrency price remains under pressure. Enough to rekindle questions about an imminent new BTC purchase.
The euro collapses while the dollar sweeps the board. In barely two years, stablecoins have gone from 15% to 84% of crypto card spending, while the EURe languishes at 2%. Between rapid growth, opaque figures and an all-powerful dollar, this shift tells much more than a simple stablecoin war.