Crypto Markets & On-Chain Ecosystem Developments

Thailand's Securities and Exchange Commission published an announcement on Aug. 24 seeking public comments on draft regulations for spot cryptocurrency exchange-traded funds. The regulator detailed that bitcoin and ethereum funds will be the first eligible products, with altcoin funds potentially fo

Canaccord analyst Joe Vafi raised the price target on Strategy (Nasdaq: MSTR) stock 34.6% from $130 to $175 on Aug. 25 while maintaining a Buy rating, according to Street Insider. The upgrade follows a recovery in the Bitcoin holdings of the company formerly known as MicroStrategy, led by

According to Street Insider, Canaccord analyst Joe Vafi raised the price target on MicroStrategy (Nasdaq: MSTR) to $175 on Aug. 25, up 34.6% from the previous $130, while maintaining a Buy rating. MicroStrategy is the world's largest Bitcoin treasury company, led by billionaire entrepreneur

According to HyperliquidNews monitoring, HyperCore's 7-day average daily active wallets hit 8.07 million, marking an all-time high.

According to ChainCatcher, crypto infrastructure provider Zerohash resubmitted its national trust bank charter application to the U.S. Office of the Comptroller of the Currency (OCC) this month following the agency's rejection of its initial filing on July 17 due to insufficient materials. The

Grayscale's Zcash ETF, trading under ticker ZCSH, began trading on NYSE Arca on Tuesday (Aug 25). The conversion from the predecessor Zcash Trust marks completion of the long-anticipated shift from over-the-counter trading to exchange listing. By Tuesday evening, ZEC had retreated to around $780,

According to Arthur Hayes, a new bull market has begun for cryptocurrencies, with Bitcoin poised for a parabolic rise to "hundreds of thousands of dollars," he stated in a recent interview on Altcoin Daily. Hayes' Maelstrom fund is positioned in maximum risk mode across four assets: Bitcoin,

Gate News bot message: Gate market data shows BTC has fallen below 78,000 USDT, with the current price at 77,983.9 USDT.

Japanese bitcoin treasury company Metaplanet moved 1,000 BTC, worth approximately $79.77 million, into Coinbase Prime on Aug. 25. The transfer follows the company's disclosure that its total holdings reached 43,000 BTC. Metaplanet maintains an average cost basis of approximately $96,191 per coin, re

World Liberty Financial launched its USD1 stablecoin natively on the Canton Network, according to a Tuesday announcement. The integration allows institutions to use USD1 to settle transactions involving tokenized real-world assets. Native issuance enables USD1 to settle alongside tokenized assets in

According to Cointelegraph, World Liberty Financial launched USD1 stablecoin natively on Canton Network on Tuesday, allowing institutions to settle transactions involving tokenized real-world assets. USD1 can serve as the cash leg for derivatives collateral, institutional lending, and asset

Coinbase launched tokenized US stocks on its Base blockchain, starting with Apple, Nvidia, Meta, and Alphabet shares available to eligible investors outside the United States. The tokens are backed 1:1 by underlying shares held through Alpaca, a regulated broker and custodian, under Coinbase's B20

According to Fairlead Strategies, Bitcoin is no longer in oversold territory after last week's 22% gain, with the price reaching approximately $78,915. The asset briefly topped $81,000 on Monday. Analyst Katie Stockton noted the cryptocurrency broke above the 200-day moving average in May,