Decentralized exchange Hyperliquid is under scrutiny after a sharp rally in its HYPE token coincided with whale-driven manipulation claims on its platform. On Aug. 27, analytics firm SpotOnChain reported that a cluster of large wallets pushed XPL’s price up by 200% to $1.80 before it quickly retraced. The sudden move transferred millions between traders. According […]
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Token tests $3.08 resistance on heavy flows before consolidating near the $3.00 psychological mark.
Technical indicators suggest potential for a bullish reversal, though market sentiment remains divided between risks of a breakdown and optimism for a rebound.
Spot Bitcoin ETFs in the United States ended a difficult run of redemptions with their first day of inflows in more than a week. According to Coinperps data, the products collectively drew $219 million on Aug. 25, marking a shift in investor sentiment after six consecutive trading sessions of withdrawals. This rebound was led by […]
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Asset manager Bitwise has applied to launch a spot Chainlink exchange-traded fund (ETF) in the United States, according to an Aug. 26 filing with the Securities and Exchange Commission (SEC). The proposed fund, called the Bitwise Chainlink ETF, would issue shares representing fractional interests in Chainlink held by the trust. These shares are expected to […]
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Bitcoin’s brief dip below $110,000 in the past 24 hours triggered one of the heaviest liquidation rounds in recent times. According to Coinglass data, crypto traders betting on the market lost $811.6 million, with more than 179,000 traders forced out of positions. Speaking on this broad liquidation event, Sean Dawson, head of research at Derive.xyz, […]
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Corporate demand for Bitcoin continues despite its volatile price performance, as Strategy and Metaplanet both expanded their holdings in late August. On Aug. 25, the two companies announced that they acquired more than 3,100 BTC, reflecting how institutional treasuries directly reduce available supply and shape market liquidity. Strategy’s first major purchase in August Strategy, the […]
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BitMine, an Ethereum-focused firm, announced that its shares have become one of the most heavily traded equities in the United States. In its Aug. 25 disclosure, the company referenced Fundstrat data showing that its stock recorded an average daily trading volume of $2.8 billion over the five trading days ending Aug. 24. That figure placed […]
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Bitcoin slipped to its weakest level in more than a month after a major investor began unloading thousands of coins in favor of Ethereum. Data from CryptoSlate show the asset trading at roughly $111,600 on Monday, down nearly 3% in a single day and its lowest mark since early July. The sell-off erased gains from […]
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Ethereum-focused SharpLink’s stock climbed more than 15% to trade above $20 after the company’s board approved a $1.5 billion stock repurchase program. In its Aug. 22 press statement, SharpLink explained that the authorization allows for buybacks through multiple channels, including open-market purchases and privately negotiated deals. The company emphasized that the scale of repurchases will […]
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Institutional liquidations dominated trading as 470 million XRP were offloaded across major exchanges during the Aug. 21–22 window, triggering a sharp selloff.
The anticipated 2% price swing around Powell’s speech suggests slightly higher volatility than the average daily volatility of 1.52%, which is derived from the 30-day realized volatility of 29%.
Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.
Coinbase CEO Brian Armstrong has projected that Bitcoin could reach $1 million by 2030, In an Aug. 20 post on X, Armstrong explained that the improved regulatory environment and increasing government adoption are major drivers that would push the top crypto to the historic milestone. According to him: “Regulatory clarity is finally emerging, the US […]
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Tidal Trust II has filed an application with the US Securities and Exchange Commission to introduce two new exchange-traded funds (ETFs) that offer leveraged long exposure to XRP and Solana. The filing, made public on Aug. 19 via Form N-1A, outlines plans to offer daily exposure to the digital assets with leverage between 150% and […]
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Crypto traders are turning bearish after Bitcoin and Ethereum struggled to maintain recent gains, according to several on-chain metrics. According to CryptoSlate data, Bitcoin has fallen nearly 7% over the past week, trading at $113,479 as of press time. Ethereum has experienced an even sharper drop, losing 10% in the same time frame and hovering […]
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The apparent celebrity-backed token surged thousands of percent at launch, but on-chain data points to concentrated control, insider trades and a liquidity design that leaves retail investors exposed.
Key support held at $0.21, tested at mid-session before high-volume reversal.
Crypto markets are treading water as investors wait for Fed Chair Jerome Powell’s Jackson Hole speech, where a hawkish tone could drag bitcoin lower while a dovish pivot may offer relief.
Crypto investors holding the top five digital assets by market capitalization for more than 1 month have realized nearly $2.8 billion in profits over the past month, according to data from Glassnode. According to the blockchain analytics firm, the crypto market is beginning to show signs of contractions due to the significant profit-taking across Bitcoin, […]
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Chainlink’s LINK has rallied to its highest level in seven months, fueled by large-scale whale accumulation and a steady stream of new institutional partnerships. According to CryptoSlate’s data, LINK’s price peaked above $26 on Aug. 18 following a month-long rally of around 30% before easing back to $24.71 at press time. Notably, the crypto token […]
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Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States recorded nearly $1 billion in combined outflows on Aug. 19, extending a current streak of investor withdrawals. These heavy outflows can be linked to the recent price corrections in the crypto market. According to CryptoSlate’s data, Bitcoin price retraced from recent highs to as […]
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The mood has soured quickly after a string of record highs, with traders forced to reckon with the macro backdrop once again.
Michael Saylor revealed on Aug. 18 that Strategy (formerly MicroStrategy) has revised its stock issuance policy amid the financial instrument’s current downward trend. The company had previously limited stock sales below 2.5x market-to-net asset value (mNAV) strictly to cover debt interest or preferred share dividends. Under the new rules, the firm can now issue stock […]
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SignalPlus head of Insights Augustine Fan noted that markets have already ruled out any chance of an outsized 50-basis-point cut.
A recent Bank of America survey shows that most global fund managers are still hesitant to invest in crypto despite the recent bullish momentum observed in the sector. The study, which included 211 fund managers overseeing $504 billion in assets, found that about three-quarters of respondents have no crypto holdings at all. Meanwhile, crypto allocations […]
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Digital asset investment products pulled in $3.75 billion in net inflows last week, marking one of the largest weekly gains in history, according to CoinShares latest weekly report. The renewed appetite follows several weeks of tepid market sentiment and coincides with a recent crypto price rally. Notably, these inflows lifted total assets under management (AuM) […]
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Bitcoin (BTC) and Ethereum (ETH) opened the week with notable losses, as the two leading cryptocurrencies retreated from their recent highs. According to CryptoSlate’s data, Bitcoin fell more than 3% over the past 24 hours, slipping from above $118,000 to around $115,303 at the time of writing. Ethereum followed suit, dropping roughly 4% to $4,270 […]
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Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions. The proposal, introduced in the state’s Assembly on Aug. 13, seeks to apply a 0.2% excise tax on the sale or transfer of digital assets like Bitcoin and Ethereum starting in September. According to the bill, revenue from […]
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Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […]
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