“This wasn’t an organic rally. It was a classic short squeeze,” the trader MARMOT posted to 114,000 views on Friday, as bitcoin closed a run that carried it from $62,900 on August 16 to $79,500 five days later, a 26% move that left the price near $77,000 on Saturday. “$3.1 BILLION in shorts wiped out,”
Ether ETFs Add $184.93M as Demand Stays Strong Wall Street’s crypto bid held firm through the closing bell. After a week of relentless buying, bitcoin ETFs finished Friday with another substantial inflow and pushed combined assets to $96.07 billion. Ether funds enjoyed their own five-day winning streak, while demand for $XRP and solana accelerated into
Hazync’s developer reports that a 1.7 MB standalone verifier checked a 226,434-byte cryptographic receipt covering the first 1,789 blocks of Bitcoin in 27 milliseconds. The Aug. 15 disclosure limits that result to an early stretch of Bitcoin’s history. A complete genesis-to-tip proof campaign remains unfinished. Hazync is a research prototype that uses RISC Zero’s zero-knowledge
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was disclosed in an Aug. 21 regulatory filing. RocketFuel said the assets used primarily in payments included intellectual
ZeroStack’s Aug. 21 resale registration puts a shareholder vote between the company and 36.2 million new shares tied to its MemeCore acquisition, a warrant block larger than its current outstanding stock. The company completed the transaction on Aug. 19, acquiring 925,925,926 MemeCore M tokens in exchange for 3.5 million common shares and pre-funded warrants covering
Pantera Capital, a prominent digital asset investment firm, has observed a notable change in market behavior, with traders and funds reportedly moving from short to long positions on Bitcoin. The shift comes as the cryptocurrency recently broke above its 200-day moving average, a technical indicator closely watched by institutional investors. Market correction and recovery According
Bhutan’s royal government has transferred 10.779 Bitcoin ($BTC), valued at approximately $835,000, to two newly created wallet addresses, according to blockchain tracking platform Onchain Lens. The transaction was detected on-chain, but the specific purpose or destination of the funds has not been publicly disclosed. Context: Bhutan’s Growing Crypto Holdings The transfer comes amid growing international
Bitcoin [$BTC] surpassed the $79,000 level as it extended its five-day rally to more than 30%. Institutions have mixed actions, as BlackRock continues to buy while others like Jump Crypto are taking profits. The retracement back to $77K after massive liquidations hints that a bigger correction might be coming. Here are the full details of
Grayscale Sees 3 Factors Converging for Bitcoin Buyers Bitcoin may now offer a worthwhile buying opportunity for investors with long-term horizons, according to Grayscale Head of Research Zach Pandl. In an Aug. 21 assessment of whether it is a good time to buy bitcoin, Pandl framed the decision around three questions, although he stressed that