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SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler’s Digest, Aug. 6-12

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Sam Bankman-Fried has bail revoked, ordered to jail; the SEC delays decision on a spot Bitcoin ETF; and the SEC moves to appeal on Ripple’s case.

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Coin Market

Kalshi, Polymarket among 27 prediction platforms banned in Brazil

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Brazil has blocked 27 prediction market platforms, including Kalshi and Polymarket, as new rules classify many contracts as gambling.

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Coin Market

XRP may rise 30% as traders withdraw 35M tokens from exchanges in a day

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Recent XRP outflow spikes have often come before short-term price rallies, signaling a potential move higher in May if the pattern repeats.

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Spot Bitcoin ETFs see 9-day inflow streak as investors show resilience

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US spot Bitcoin ETFs recorded $2.12 billion in inflows over nine days, signaling growing conviction among investors.

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