Crypto Markets & On-Chain Ecosystem Developments

According to MetaMask and Polymarket data, Ethereum returned to $2,436.19 on August 23, reaching a market capitalization of $293.9 billion with $15.2 billion in 24-hour trading volume. ETH has surged approximately 30% since August 16 when it traded at $1,878.33, driven partly by short

According to BlockBeats, Eiden Liu exited GANA Foundation on August 24 and launched a personal compensation plan targeting 100% repayment to approximately 20,000 addresses. The repayment will be processed in batches based on verified on-chain data over an estimated 2-3 year

Crypto card spending reached approximately $759 million in July, with dollar-backed stablecoins funding most transactions. Nearly 9 million transactions were tracked during the month, with USDC and USDT together accounting for about 84% of activity, according to Paymentscan data cited by venture

According to CoinGecko, XRP rallied to $1.47 as of 23 August 2026, up 47% in seven days, driven primarily by short covering rather than new institutional investment demand. More than $3.3 billion of short positions were closed across 19–21 August as the broader crypto market recovered, while US

According to Bitcoin.com News, U.S. Senator Kirsten Gillibrand on August 23 called for Congress to prohibit the president, their spouse, and senior officials from issuing, promoting, or profiting from cryptocurrencies during their term, demanding inclusion of an enforceable ethics ban in the

Paul Sztorc's ECX Bitcoin fork produced more than 25,000 blocks in roughly 13 hours as of 9 a.m. EDT on Sunday, after launching at block height 963648. The network attracted 3.53 petahash per second (PH/s) of mining hashrate across multiple pools, with Ecashpool-alpha leading participation. Block pr

Federal Reserve Bank of Cleveland researchers released a working paper examining why cryptocurrency behaves differently from traditional financial assets, finding that Americans who buy crypto hold radically different beliefs about digital assets' future returns rather than simply having different d

According to ChainCatcher, Ethereum (ETH/USDT) broke through $2,450 today, trading at $2,451.35 based on Gate's market data. The cryptocurrency gained 1.61% over the past 24 hours.

According to a Federal Reserve study released recently, cryptocurrency investors are primarily belief-driven rather than demographic-driven, with crypto holders expecting average returns of 22% over the next year compared to 7% among non-holders. Research from the Federal Reserve Bank of

Upbit, South Korea's largest cryptocurrency exchange, recorded approximately 1.15 trillion won ($830 million) in trading volume within a single hour on Saturday as XRP and the TRUMP meme coin dominated activity. The surge followed a 273% jump in daily volume to about $1.84 billion on August 21, Upbi

The Bitcoin Red Team, a volunteer group of approximately 20 to 25 security researchers, is scanning Bitcoin's open-source software ecosystem to identify AI-assisted vulnerabilities before attackers exploit them. Pseudonymous member Calle, who maintains the open-source Cashu protocol, said in an

According to an interview with Decrypt, Bitcoin Red Team member Calle said the group was formed as an emergency effort to identify security threats across the Bitcoin ecosystem as AI capabilities advance. The team,

According to BankXRP, XRP's market capitalization reached approximately $94 billion recently, surpassing Belarus' estimated 2025 GDP of $93.4 billion based on World Bank figures. With XRP trading at $1.51, the token has marked another significant milestone in its recent rally. Market commentator

According to HyperliquidNews monitoring, HyperEVM's average Gwei value surged from approximately 0.15 Gwei on August 22 to 3 Gwei, and further climbed to 60 Gwei on August 23, representing a 400-fold increase over the two-day

According to CoinDesk, crypto card spending reached $1.04 billion in July, up over 200% year-over-year. U.S. dollar stablecoins USDC and USDT funded approximately 70% of more than 10 million transactions, with average transaction value rising from $59 last year to $86, indicating a shift from

According to CoinGlass, in the past hour, $63.71 million in futures positions were liquidated globally, with long liquidations accounting for $50.99 million and short liquidations for $12.71 million.

According to Odaily and Hyperbot, Bitcoin trader Maji Ge's 40x leveraged BTC long position was fully liquidated today due to a short-term BTC price decline. His total portfolio value has dropped below $100