CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked

The memecoin that defined the chain's debut has recovered to an $86 million cap. Tokenized assets, the chain's stated purpose, sit at $27.6 million.

source https://www.coindesk.com/markets/2026/08/05/cashcat-jumps-120-in-a-week-as-robinhood-chain-tvl-hits-usd774-million

Here are the possible outcomes for Clarity right now

The Senate has not yet indicated if it will advance the Digital Asset Market Clarity Act, and with its summer recess looming, here are the possible outcomes.

source https://www.coindesk.com/policy/2026/08/05/here-are-the-possible-outcomes-for-clarity-right-now

Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit

Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.

source https://www.coindesk.com/business/2026/08/05/binance-sues-redotpay-for-usd470-million-claiming-it-diverted-users

New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion

The EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs.

source https://www.coindesk.com/tech/2026/08/05/new-ethereum-proposal-would-cut-issuance-to-zero-if-staked-eth-reaches-usd112-billion

Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears

BTC held near $64,000 as MSCI's world index set another peak and Brent fell toward a Hormuz deal. Ether is the only major down on the week.

source https://www.coindesk.com/markets/2026/08/05/bitcoin-flat-at-usd64-000-as-stocks-print-records-and-hormuz-deal-nears

SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings

Elon Musk's space company posted its first earnings as a public company ahead of a major insider share unlock.

source https://www.coindesk.com/business/2026/08/04/spacex-tops-wall-street-revenue-forecast-posts-usd540-million-decline-on-bitcoin-holding-value

A new Solana proposal aims to ramp up daily SOL Burns from $47,000 to $650,000

SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote.

source https://www.coindesk.com/tech/2026/08/04/a-new-solana-proposal-would-take-daily-sol-burns-from-usd47-000-to-usd650-000