Crypto Markets & On-Chain Ecosystem Developments

Ripple is backing an institutional credit initiative on the XRP Ledger that will enable fintechs, payment companies and crypto businesses to borrow RLUSD against working-capital needs. The project brings together Clearpool, Cicada Partners and Ripple, with Clearpool building lending

According to Bitcoin.com News, Ripple, Clearpool and Cicada are backing a new institutional credit initiative on the XRP Ledger that enables fintechs and payment companies to borrow RLUSD against real working-capital needs. Clearpool is building the lending infrastructure and has facilitated

Bitcoin and Ethereum posted double-digit weekly gains as of the previous day, driven by expectations surrounding US cryptocurrency policy and easing pressure from long-term interest rates. According to crypto data analytics firm Zangle on the 22nd, Bitcoin rose 15.97% week-over-week to $73,033,

Solana reduced its target slot time from 400 milliseconds to 350ms effective August 21 with epoch 1020, marking the first reduction to the network's longstanding 400ms target since early development. The change represents the initial stage of a mainnet upgrade intended to eventually bring the networ

According to Bitcoin News on X, VanEck predicts that Bitcoin will reach $500,000 by 2029. The asset management firm made the projection as part of its long-term price forecast for the leading cryptocurrency.

According to HyperliquidNews, HIP-3 open interest declined by $820 million over the past 5 days from its peak of $4.57 billion.

On August 21, 2026, from 22:00 to 22:15 (UTC), ETH surged sharply over a 15-minute period, posting a return of +1.15%. The price ranged from 2507.29 to 2548.06 USDT, with an amplitude of 1.62%. Market volatility intensified, and trading activity increased significantly. The main drivers of this move were an improving macro environment and continued institutional inflows. Recently, falling U.S. Treasury yields and a weaker dollar have noticeably boosted risk appetite. After BTC broke through the

Strategy shares climbed to their highest level in two months on Friday as bitcoin briefly traded as high as $79,400. MSTR gained 7.5% to trade above $120 in early trading, driven by the cryptocurrency's recovery. The rally occurred despite Strategy not purchasing bitcoin in roughly two months,

MicroStrategy shares gained 7.5% to trade above $120 on Friday as Bitcoin rebounded to briefly trade as high as $79,400, marking the stock's highest level in two months. The rally also boosted the company's Variable Rate Series A Preferred Stock (STRC), which traded above $96 for the first time

The Crypto Innovation Council and Blockchain Association have filed a lawsuit challenging Illinois' new digital asset tax, arguing it violates the U.S. Constitution and discriminates against digital assets. The 0.2% tax on digital asset transactions is projected to generate $60 million in state

Gate News bot message: Gate market data shows ETH has risen 10.01% in 24 hours, with its current price at 2544.38 USDT.

According to Fox Business, a series of crypto policy activities took place this week in Washington, breaking the typical August lull. Trump is pushing the Crypto Market Structure Act while U.S. regulators are advancing their crypto rule-making

According to HyperliquidNews, PURR (@HypeStrat) mNAV has risen to 1.17, reaching its long-term high level.

Gate News bot message: Gate market data shows ETH has broken above 2,500 USDT, currently priced at 2,504.22 USDT.

From 21:15 to 21:30 UTC on August 21, 2026, ETH/USDT rose sharply over the 15-minute period, with gains reaching 1.23%. The price ranged from 2,444.63 to 2,489.25 USDT, representing an amplitude of 1.82%. Market volatility intensified, while trading activity increased significantly. The main drivers of this move were an improving macro environment and continued institutional-grade capital inflows into the Ethereum ecosystem. On the one hand, increased buybacks of long-term Treasury bonds by the

Coinkite released security firmware updates for its Coldcard Bitcoin hardware wallets on Thursday following a seed-generation flaw that enabled attackers to steal more than $130 million in Bitcoin. The company urged Coldcard Mk4, Mk5, and Q users to upgrade to firmware 5.6.1 or 1.5.1Q after a

Bitcoin gained 24.47% over the past week, reaching $79,478.23 on August 21 (Beijing time 16:30), approaching the $80,000 psychological level and marking its largest weekly advance since March 2023. The

According to Coinkite, the Bitcoin hardware wallet maker released firmware 5.6.1 on Thursday to address a seed-generation flaw that exposed users to over $130 million in Bitcoin thefts. The vulnerability, present since 2021, generated wallet seeds with insufficient randomness, allowing attackers to

According to Standard Chartered analyst Geoff Kendrick, Bitcoin rallied more than 20% to above $79,000 on August 21, following the U.S. Treasury's announcement on August 19 to at least double longer-dated government bond buybacks. Kendrick, in a note shared with Cointelegraph on August 21, said