by Michael
Key TakeawaysStandard Chartered says its $100,000 bitcoin forecast may be too low.Bitcoin climbed to $79,500 on Aug. 21, its highest level since May.Bitcoin ETF inflows reached approximately $1.92 billion over five sessions. Record Short Liquidations Reshape Bitcoin...
by Michael
Key TakeawaysETH rose 29.8% in 7 days and reached nearly $2,546.Coinglass recorded $264.92M in ETH liquidations within a $1.21B crypto wipeout.Ethereum traders will watch $2,400 support and ETF flows after Aug. 22. ETH was trading around $2,435 late Saturday at 5 p.m....
by Michael
Key TakeawaysGrayscale sees three factors aligning for long-term bitcoin buyers.The current bear market is approaching the length of previous cycles.Higher interest rates remain a potential source of further downside. Grayscale Sees 3 Factors Converging for Bitcoin...
by Michael
Key TakeawaysA whale sold 7,700 BTC (about $576.6 million) between August 19 and 22.Bitcoin currently trades near $77,000, up more than 20% for the week.The sale follows a 43,000 BTC whale accumulation wave that ended last week. Whale Offloads $577 Million in Three...
by Michael
Key TakeawaysZcash (ZEC) led gainers with near 50% jump to $836 before retreating to $810.Bitcoin cash climbed 31.4% to $299.49 as cardano, dogecoin and chainlink also posted double-digit gains.Trump’s Clarity Act push and Treasury bond buybacks seem to be fueling the...
by Michael
Key TakeawaysLaser Digital won Japan license No. 00032, ending a roughly 4-year registration drought.Nomura’s unit starts with 6 crypto assets as Japan’s institutional market opens.Laser Digital faces its next test as Japan’s new crypto rules arrive in fiscal 2027....
by Michael
Key TakeawaysGalaxy says bitcoin’s 50-week average near $82,470 is the key bear-market recovery signal.Galaxy found bitcoin held 11 of 13 weekly reclaims, outperforming shorter-term signals.Bitcoin needs a weekly close above $82,000 to strengthen the case that June 30...
by Michael
Key TakeawaysBlockchain Association sued Aug. 21 to block Illinois’ 0.2% digital asset tax.Illinois’ 0.2% levy could tax trades, transfers and custody beginning Jan. 1.Crypto Council for Innovation wants enforcement blocked before Jan. 1, 2027. The Blockchain...
by Michael
Key TakeawaysBitcoin ETFs gained $1.92B in five days, with Blackrock’s IBIT driving Friday’s $307.45M inflow.Ether added $697.18M for the week as XRP and solana flows broadened institutional demand.Bitcoin ETF assets hit $96.07B, putting the $100B threshold back...
by Michael
Key TakeawaysHYPE hit an all-time high of $82 yesterday, up 38% over the past week.Multicoin Capital moved 308,884 HYPE, worth $19.8 million, to Coinbase Prime.Trump’s CFTC comments fueled HYPE’s rally on August 19-20, even as sell-pressure concerns persist. Fresh...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether... Translate »