Author: Crypto Editor
Key factors:Bitcoin makes an attempt a rebound right into a cluster of shorts as market expectations flip bearish on BTC and altcoins.Speculative ETH merchants kind the largest-ever leveraged quick postion, per information from CME Group.Crypto merchants might be de-risking forward of the US Federal Reserve’s Jackson Gap symposium.Bitcoin (BTC) returned to $116,000 after Monday’s Wall Road open as bulls fought to set off a brief squeeze.BTC/USD one-hour chart. Supply: Cointelegraph/TradingViewBTC, ETH worth charts present shorts now in dangerKnowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD stemming in a single day losses, which noticed a retreat to close $115,000.The cross-crypto…
HBAR confronted sturdy downward stress within the final 24 hours, slipping 6.68% from $0.26 to $0.24, whereas buying and selling exercise surged previous 109 million tokens—almost double the day by day common. The steepest drop occurred throughout in a single day classes, when sellers accelerated outflows and compelled costs down at a tempo far sharper than regular. Analysts attribute the volatility to broader market stress triggered by $460 million in liquidations, compounded by U.S. financial information displaying the Producer Value Index rising to three.3%.Regardless of near-term weak spot, market strategists preserve a bullish long-term outlook for Hedera’s native token. Targets…
North Korean hackers linked to £17m Lykke crypto hack; UK and Swiss authorities examine alternate’s collapse and cybersecurity dangers. In a significant cyberattack final yr, Lykke, a UK-registered cryptocurrency buying and selling platform, misplaced $22.8 million in Bitcoin, Ethereum, and different digital belongings. In line with The Telegraph, the UK authorities has pointed fingers at North Korea’s infamous Lazarus hacker group. Within the case that that is true, it could be the most important recognized cryptocurrency heist on a British firm by North Korea. The assault is a matter of concern concerning the growing menace of state-sponsored cyberattacks. Lykke Alternate…
The crypto market is bracing for vital token unlocks within the third week of August 2025. Roughly $1 billion in new token provides will hit the market. Three distinguished tasks, LayerZero (ZRO), KAITO (KAITO), and Quickly (SOON), will launch substantial token volumes, probably driving market volatility and influencing short-term worth dynamics. 1. LayerZero (ZRO) Unlock Date: August 20 Variety of Tokens to be Unlocked: 25.71 million ZRO (2.57% of Whole Provide) Present Circulating Provide: 111.15 million ZRO Whole Provide: 1 billion ZRO LayerZero is an interoperability protocol designed to allow seamless communication throughout totally different blockchains. It helps censorship-resistant, permissionless…
Trump defended his Ukraine technique on Fact Social, calling critics “silly folks” and claiming the struggle wouldn’t have occurred underneath his presidency. He stated he had already “settled 6 wars in 6 months,” promising to cease the Ukraine battle relatively than lengthen it. Zelenskyy responded diplomatically, saying Trump has the “energy to power Russia into peace,” whereas persevering with to hunt US assist. US President Donald Trump took to Fact Social on Monday with a heated protection of his dealing with of the Ukraine struggle, insisting, “I do know precisely what I’m doing,” whereas blasting his critics as “silly folks.”…
Harrys Manufacturing Inc., a nationwide cigarette producer primarily based in Vancouver, has introduced the acquisition of 0.1525593 bitcoin for $25,000. This transfer marks Harrys as the primary publicly traded tobacco firm so as to add bitcoin to its stability sheet. Board helps bitcoin allocation The corporate’s board of administrators approved the acquisition, citing innovation and diversification as driving components. In its assertion, Harrys famous: Allocating a portion of the Firm’s treasury to Bitcoin represents an progressive step in direction of monetary diversification and long-term worth creation. Digital asset platform partnership Following a pattern amongst Canadian corporations, Harrys has opened a…
Digital asset funding merchandise posted $3.75 billion in inflows final week, the fourth-largest on report, in line with CoinShares’ newest report.The surge drove complete belongings underneath administration (AuM) to a brand new all-time excessive of $244 billion on August 13, following a pointy rebound in digital asset costs. Ethereum leads with record-breaking inflows Ethereum emerged because the standout performer, attracting $2.87 billion in inflows-accounting for 77% of the whole. This pushed its year-to-date (YTD) inflows to a report $11 billion, far surpassing Bitcoin in proportional development. Ethereum’s inflows now characterize 29% of its complete AuM, in comparison with simply 11.6%…
The brand new undertaking Parallel Net Techniques, led by Parag Agrawal, may revolutionize the digital financial system: its Deep Analysis API already automates thousands and thousands of workflows, surpassing in sure benchmarks even the well-known synthetic intelligence of OpenAI GPT-5. What’s Parallel Net Techniques and the way does Deep Analysis API work? Parallel Net Techniques Inc. is the startup based by Parag Agrawal, former CEO of Twitter (now X). The corporate has launched its first flagship product, referred to as Deep Analysis API. We’re speaking a few platform devoted to the automated assortment and evaluation of on-line data by way…
After a blow-out finish to 2024 and a roaring begin to 2025, the meme coin nook of the crypto world has slowed down. However it’s nonetheless a market you may’t ignore – it’s simply tougher to pin down. The sector’s combination worth sits round $68B, and whereas efficiency has been combined this 12 months, buying and selling curiosity stays sturdy wherever buyers assume one of the best meme coin offers lurk. Institutional information corporations say the phenomenon isn’t solely cultural, it’s mechanical. Kaiko notes meme tokens have repeatedly dominated buying and selling volumes in bursts this 12 months, at the…
In latest hours, main crypto alternate Binance has issued a delisting discover whereas revealing its resolution so as to add three new crypto pairs.In an official launch, Binance disclosed its intention to stop help for the Neo Legacy community (NEO). The crypto alternate said it will likely be ceasing help for withdrawals of all tokens through the Neo Legacy community (NEO) from Oct. 15, 2025, at 8:00 p.m. (UTC) onward.This resolution is as a result of Neo Legacy community shutdown discover. After Aug. 25, 2025, at 8:00 a.m. (UTC), any deposits despatched through the Neo Legacy community (NEO) is probably…