Browsing: Bitcoin News

On August 20, Eastern Time, Bitcoin surged 11% to exceed $71,000, reaching its highest level since June 1 and breaking out of its previous sideways consolidation. The explosive rally was driven by liquidity injections from U.S. Treasury bond buybacks, the SEC’s passage of Crypto Asset Regulations, and a White House meeting with crypto executives. This…

Digital currencies, especially Bitcoin, have helped reshape how money moves through online casinos over the last decade. Deposits no longer need to wait for bank approvals, nor do players have to worry about transactions being flagged as gambling-related, as Bitcoin has stripped away much of that friction. However, for all the borderless transfers and fast…

Bitcoin is trading at $71,090.8 on August 20, 2026, sitting firmly above its 200-day moving average of $69,005.56. The price is currently stretched into the upper half of its daily range, having recovered strongly from the swing low of $57,808.4 and remaining well above the midline of the Bollinger Bands at $64,551.81. The overall market…

The crypto community is abuzz with chatter as a 200 million USDT▲$0.9991 transfer to crypto exchange Binance was flagged by the blockchain tracker Whale Alert. According to the alert, $200 million worth of USDT stablecoins was moved from an unknown wallet to an address associated with Binance, bringing one of the largest on-chain transfers into focus.

The most likely cause of TAO’s 4.33 percentage-point move in the last 5 hours is a broad, Bitcoin-led risk-on squeeze in crypto, not a new Bittensor-specific event.

Bitcoin Price Rally Above $70K Risks Trapping Bulls, Analyst Warns | FXEmpire Advertisement Advertisement

Most Asian indices are trading in the green today. The Chinese Hang Seng is up 1.1%, while the Japanese Nikkei 225 has gained 1.3%. Meanwhile, the Korean KOSPI is trading significantly higher, up 5.9%.

Bitcoin’s recent price movement appears driven by a combination of a significant short squeeze on derivatives, positive US regulatory and macro-liquidity news, and improving institutional flows.

On August 19, the U.S. Treasury announced that starting September 9, it will at least double its long-end buybacks, and Bitcoin surged as much as 8.7%, reaching an intraday high of $69,749. Bitcoin’s biggest daily move since March 4 occurred not because of a cryptocurrency-related development, but due to a government announcement regarding debt management.

Bitcoin was in demand again after a strong Wednesday after-hours session, which saw it move from $64,000 to briefly touch $70,000 for the first time since June as investors returned to riskier assets.