Crypto News

About $665 million in crypto positions were liquidated over the past 24 hours, including roughly $400 million in short positions.

Zcash remained the exception among cryptocurrency majors, with the token still higher on the week despite Friday’s pullback.

StoneX analyst Mark Palmer upgraded Block to ‘Buy’ from ‘Hold’ and set a $105 price target, citing progress from the company’s AI-focused reorganization.

The CLARITY Act faces growing uncertainty as ethics negotiations remain unresolved despite some opposition to the bill softening.

Circle said the deal builds on an existing relationship with Tazapay and could help expand USDC adoption across global payment rails.

Robinhood is also adding crypto.com's OG event contracts to its app and buying minority stakes in the exchange and its prediction markets business, according to the Wall Street Journal.

The company repurchased around 1.8 million STRC shares for $176.3 million during the week, without buying back its other preferred securities or common stock.

Ethereum outperformed Bitcoin over the past 24 hours, helping shares of ETH treasury company BitMine Immersion Technologies edge higher in premarket trading.

Bitcoin's correlation with gold is at a six-year high, according to Bitwise, suggesting investors are using it as a hedge against U.S. fiscal threats.

DefiLlama showed that Robinhood Chain collected $2.9 million in fees in 24 hours, compared to $12,238 on Arbitrum’s own chain.

SoSoValue data show that three U.S. spot HYPE ETFs have net inflows of $356.58 million since launch and net assets of $480.86 million

Bitwise said that Bitcoin is increasingly trading like gold rather than a tech asset, strengthening its long-running “digital gold” case.

ZEC’s 14-day RSI reached over 82, well into the ‘overbought’ territory, and the token traded more than 2 times its 200-day moving average.

Veteran Wall Street investor Jordi Visser said a 0% weighting in Bitcoin was a directional bet, and argued the position was no longer defensible for a diversified portfolio.

The NSA is no longer formally opposing the CLARITY Act, as Congress and the administration continues working through the bill’s legal, regulatory, and enforcement issues.

Economist James Thorne said his risk capital was in Bitcoin, though he flagged that a socialist-aligned Congress after the 2026 midterms could change his bullish thesis.

Bank of America flagged September 11 CPI as the more decisive signal for the Fed rate path, Bitunix analysts said.

The breach of the $1,000 threshold triggered $34.5 million in ZEC shorts liquidated, part of a larger total of about $36.6 million liquidated within 24 hours.

The rally in cryptocurrencies came after Fed Governor Christopher Waller said he would support holding rates steady if inflation continues to ease.

CASHCAT, Robinhood Chain’s top-traded token, hit an all-time high on Wednesday, trading over 27% on the day.

Digital assets are moving deeper into the G20 policy agenda as members balance innovation with regulation and financial stability.

The SEC proposed updating decades-old transfer agent rules to reflect electronic communications and blockchain-based securities systems.

The rally in altcoins comes as September rate hike odds sit at about 62% after Kevin Warsh’s Jackson Hole speech.

Over the past month, Robinhood has expanded beyond its commission-free trading roots with new products including Robinhood Chain and Robinhood Earn.

Strategy asked MSCI to withdraw the proposal or apply changes only prospectively going forward.

Bitcoin logged its strongest August in years as ETF demand surged, though analysts warned September could still bring fresh volatility.

Grayscale said Zcash’s shielded transactions could be beneficial, as users seek stronger privacy protections.

In an interview with CNBC, Tom Lee said he now sees upside risk in September, despite mounting market concerns.

Over the past week, Strategy bought around 4,600 BTC for roughly $370 million.

ASST stock has nearly doubled so far this month, while MSTR shares have gained around 30%.

Tether CEO called the firm a "stable company," built on tangible assets rather than any single currency or system.

Bitcoin showed recovery in August, but weak trading activity means the rally still needs confirmation.

Eric Trump said that the U.S. must be "number one" in crypto and AI, citing the CLARITY Act.

Paolo Ardoino questioned why depositors would prefer fractional-reserve products to fully-reserved stablecoins and warned of repercussions if they moved their savings.

CryptoQuant analyst Darkfost said rising profits among recent buyers could increase the chances of profit-taking.

Veteran investor Lawrence Lepard expects the Fed to be forced into another round of money printing, which he says could happen in 16-18 months.

Garlinghouse also suggested that corporate treasurers may not give AI agents free access to major firm accounts without sufficient safeguards and accountability.

Hyperliquid pumped on comments from President Donald Trump that the CFTC was working to bring the exchange into the U.S.

Tom Lee said Ethereum was still “vastly undervalued”, given its use in the settlement of AI agent transactions that legacy payment rails are unable to support.

In an interview with CNBC, Mike Belshe pointed to growing participation from traditional financial institutions and the expansion of tokenization as evidence of crypto’s broader development.

Solana outperformed Bitcoin and led the rally in major altcoins on Thursday afternoon.

Hyperliquid Strategies reported $305.5 million in fiscal-year net income, driven largely by unrealized gains on its HYPE holdings.

Bitcoin’s price remained below $80,000 on Friday despite posting a slight rebound in the last 24 hours.

The network would support tokenized deposits, stablecoins, smart payment tools, and automated settlement, the association said.

CZ believed that Hyperliquid’s entry to the U.S. would just be the ‘tip’ of decentralized finance adoption.

The launch allows crypto investors to convert onchain wealth into home-buying power without having to sell their holdings.

Bitcoin dominance remains above 60%, which a crypto commentator says leaves a broader altcoin rotation unconfirmed.

Bernstein previously expected Bitcoin to reach $150,000 by the end of 2026 and saw the next cycle peak at around $200,000 in 2027.

AI took the marginal dollar, leaving Bitcoin behind,” Hayes said, and expected the flow to reverse as liquidity is used to roll over AI debt.

BlackRock cut the minimum size for a Bitcoin-to-ETF swap to $1 million in July, from $25 million when the process first became available.