Crypto Markets & On-Chain Ecosystem Developments

Galaxy Research published analysis identifying Bitcoin's 50-week moving average as a key technical threshold. Bitcoin currently trades at $78,114, representing a 32% gain above the June 30th low. The 50-week moving average stands at $82,470, approximately 6.4% above current prices. The research

Gate News message, the Central Government of Bhutan transferred 10.779 BTC (approximately $835K) to two fresh addresses. The receiving address is 32jhgBZ8hjVrrYaEQmz75BBve6rxdVyuR8.

Bitcoin rallied to $79,500 this week following the US Treasury's announcement to double its bond buyback operations to $4 billion per transaction, effective September 9. The move, which eases borrowing costs and injects liquidity into markets, triggered a rotation into bitcoin as a hedge against

According to Galaxy Research, Bitcoin trades at $78,114 today, over 32% above the June 30 low, while the 50-week moving average sits at $82,470, approximately 6.4% overhead. Galaxy Research's analysis of completed Bitcoin bear markets since 2011 found that 11 of 13 times Bitcoin reclaimed the 50-wee

According to Ripple CEO Brad Garlinghouse, the CFTC's Innovation Advisory Committee held its first meeting this week, with participants reaching consensus that regulatory rules designed for the past era no longer adequately serve consumer protection, business development, or financial innovation. A

Sui announced on X that its Hashi protocol's testnet deposits have surpassed 2 million transactions, with mainnet launch imminent. Hashi enables native Bitcoin to function as programmable collateral on Sui while remaining secured on the Bitcoin

According to PPP prediction market monitoring, an account (0xcd30f4698c6f5f3829893e68e183a8e5ea18f316) purchased $200,000 worth of FUT victory positions against Furia on Polymarket on Aug 22. The position was opened at an average price of 39.7 cents per share, with 500,998.8 shares acquired. The FUT

According to Fairmint CEO Joris Delanoue, on August 22, the rapidly expanding tokenized stock market faces fragmentation risks similar to the 1960s "paper crisis" that overwhelmed traditional securities systems. The global tokenized stock market has grown to approximately $2 billion, up from

Gate News bot message: Gate market data shows BTC breaking above 77,000 USDT, currently priced at 77,006.6 USDT.

According to PANews, the Hong Kong Securities and Futures Commission announced on August 22 that it has listed Kong Coins and Kong Fund as suspicious digital token-related investment products. The fund, which the Kong Coins purport to represent stakes in, claims to invest in ancient art and

Jeff Amico, chief operating officer at GensynAI, warns that users of real-world asset credit vaults may lack enforceable claims against borrowers despite receiving yield-bearing tokens. The structure common across RWA lending platforms creates a gap between the returns investors receive and the

According to Foresight News, Robinhood Chain announced earlier today that the total value locked (TVL) across protocols on the network has surpassed $1 billion.