In the past month, Bitcoin is up 25.72% but has now retreated to $78,900 following a recent hawkish Fed speech. Consequently, Bitcoin spot ETFs saw outflows worth $211.2 million as of August 28, breaking nine consecutive days of net inflows. Source: CoinMarketCap On Polymarket, the odds of a mid-September interest rate hike by 25 basis
Tether’s USA₮ stablecoin maintained more than $175 million in circulation for a second consecutive month as its reserve surplus reached a record high, according to a reserve report released by Anchorage Digital Bank. USA₮ had 175,245,527 redeemable tokens outstanding as of July 31, up roughly tenfold from the 17.5 million tokens reported at the end
Adam, a researcher at Greeks.live, stated that the recent rapid rise in Bitcoin has significantly boosted market sentiment, and a noticeable recovery is being seen not only in BTC but also in different sectors of the cryptocurrency market. However, it was noted that as the pace of the rise slows, large investors in the options
Leveraged funds held a 41,252 $BTC-equivalent net short across CME Bitcoin futures, including standard and Micro contracts on Aug. 25, while the CFTC snapshot showed the same category net long just 151 $BTC in Coinbase’s nano Bitcoin perpetual-style contract. For the next forced unwind, the important distinction is scale rather than an evenly matched directional
Ethereum has officially integrated into Solana through the Sunrise protocol, as announced by the CryptoTwitter influencer @solana. This move marks a significant step in enhancing cross-chain interactions and could attract increased investor interest in both ecosystems. The integration is expected to provide new functionalities for users, potentially reshaping the competitive landscape in the crypto market.
Federal Reserve Chair Wash indicated that U.S. economic growth appears to have strengthened somewhat, a signal that could influence the central bank’s upcoming policy decisions. The remarks, delivered during a recent address, come amid ongoing assessments of inflation, employment, and global economic conditions. What the Fed Chair Said Chair Wash’s statement, while brief, suggests that
Yorkville America has announced the launch of an artificial intelligence ETF called the MANGOS Plus Index ETF (ticker FRUT). Yorkville previously acted as an investment advisor for Truth Social’s defunct digital-asset funds. The move is now being regarded as a signal of a departure from crypto into AI stocks. Started with Bitcoin baskets, now a
Bitcoin is approaching a decisive technical zone after retreating from last week’s three-month high of $81,455 and returning toward the $78,000 region. The pullback has placed the $80,000-$81,000 range at the center of the market. The immediate outcome depends on several measurable forces rather than price momentum alone. Technical indicators are improving, but Binance whale
In brief Bitcoin held around $78,623 on Monday, down just 0.7% on the day but set to close August up more than 24%—its strongest month since 2017—despite a difficult macro backdrop. Fresh U.S. strikes on Iran over the weekend sent oil higher and pushed stocks lower, with the S&P 500 off 0.5% and the Nasdaq
Etherscan has released a suite of tools that lets AI agents and coding assistants pull live blockchain data directly from the explorer’s API. The latest release is aimed at developers building agents that need verified onchain facts across more than 60 EVM-compatible networks. The company announced the “Build with AI” launch in a post on