Browsing: Surge

Bitcoin price recorded its strongest advance in months on Aug. 20, climbing above $71,000 as a change to U.S. Treasury debt buybacks, renewed exchange traded fund demand and forced short liquidations supported a broad cryptocurrency rally.

Add to Google Preferred Sources The cryptocurrency market staged a dramatic rebound this week, with Bitcoin surging toward $70,000 to reach its highest level since early June. Institutional capital flooded back into the market, with BlackRock’s iShares Bitcoin Trust (IBIT) pulling in $588.5 million over the three trading sessions from August 17 to 19. Fidelity’s…

Is XRP on the verge of a major transformation, or are these just fleeting ripples in a vast ocean? After a prolonged period of relative quietude, XRP is drawing the spotlight with a remarkable uptick in trading activity. The unmistakable spikes in onchain metrics occurring during conventional business hours hint at a fascinating development: the…

Hyperliquid, Ethereum, and Solana have all seen notable price increases, each rising by over 20% in the past 24 hours. Hyperliquid’s native token HYPE was around $72.19 with a 23.1% gain, while Ethereum’s ETH stood at approximately $1,921.93. Solana’s recent surge is attributed to ongoing developments within its network, rather than a single major market…

This Wednesday,Ethereummanaged to break its two-month high by crossing the $2,000 threshold. The asset received a direct boost from macroeconomic liquidity measures in the United States.

RWAs have surged to nearly $4B in DeFi protocols. Here’s why this growth matters for investors.

More than $1 billion of Bitcoin short positions were liquidated in about an hour, according to data from Coinglass, underscoring the speed of Wednesday’s reversal that pushed the largest cryptocurrency to around $69,500. Bloomberg August 20, 2026 / 11:21 IST Representation of cryptocurrencies is seen in this illustration. (Courtesy: Reuters photo)

(Aug 20): Bitcoin’s bruised market suddenly sprang back to life, surging nearly 8% and unleashing the biggest wave of short liquidations in records going back to 2021.

As Bitcoin (BTC) hovered near $64,000 on Wednesday morning, BTC’s biggest holders were quietly increasing their share of the cryptocurrency’s supply, suggesting some whales may be taking advantage of the latest pullback to accumulate.  Santiment data showed on Wednesday that the number of mega-whale wallets holding 10,000 BTC or more climbed to a six-month high of 89. The analytics platform said…

Grayscale Investments is continuing the process with the U.S. Securities and Exchange Commission (SEC) for its Zcash ($ZEC)-focused investment product. The company has filed its fourth updated S-3/A registration statement for the Grayscale Zcash Trust, proposing a listing on the NYSE Arca under the ticker symbol “ZCSH”.