Crypto Markets & On-Chain Ecosystem Developments

Bitcoin rose approximately 23% last week, posting its best weekly performance in more than three years and breaking out of a trading range in which it had been trapped below $67,000 for months. It was briefly trading near $77,500 on August 24. Coinage founder Zack Guzman said Bitcoin “has established itself as a debasement trade,” with the rally driven primarily by direct buying rather than leverage. Market Impact of the U.S. Treasury Secretary’s Expansion of Treasury Buybacks Last Wednesday, Tr

According to Gate trading data, spot gold fell $30 short-term (August 24), breaking below the $4,600 per troy ounce level.

Eight tokens are scheduled to unlock significant amounts this week, totaling approximately $71 million. H will unlock on August 25 with a value of approximately $18.92 million, representing 7.92% of circulating supply; HUMA will unlock on August 26 with approximately $9.5 million, accounting

According to Alternative.me, the Crypto Fear and Greed Index rose to 73 today, up from 66 yesterday, indicating the market remains in a state of greed.

According to Odaily, Wintermute has increased its short positions on Hyperliquid from $146.19 million to $191 million and currently faces a loss of $5.85 million. The platform's five largest short positions are ETH

According to Yonhapnews, Bitcoin climbed to $77,726.87 on August 24 at 9 a.m., up 0.84% in 24 hours, as it approaches the $80,000 milestone. The rally marks a recovery from recent weakness; Bitcoin had surged to $79,000 on August 21, its highest level since May, before retracing slightly to hold

According to data compiled by River, 49.6 million U.S. adults now hold Bitcoin, exceeding the 28.8 million who own gold—a difference of over 21 million holders.

According to The New York Times (Aug 23), Polish cryptocurrency exchange Zondacrypto has collapsed after founder Sylwester Suszek disappeared in 2022 and CEO Przemyslaw Kral vanished in April, now missing for four months. The platform shut down in April, freezing hundreds of thousands of

US Treasury yields continued rising following a buyback announcement, yet the dollar weakened to a 3-month low as investors embraced a 'debasement trade,' driving bitcoin and gold to multi-month highs. Bitcoin surged 25% in one week to break $78,000 for the first time since May, while gold futures c

According to Cointelegraph, Circle's stock has risen 84% following its IPO, though ARK Invest founder Cathie Wood noted that analysts focused on traditional payments networks like Visa and Mastercard struggle to understand the company's disruptive

According to Geoff Kendrick, global head of digital assets research at Standard Chartered, on August 23, the bank's year-end Bitcoin target of $100,000 may prove too conservative. The analyst suggested Bitcoin could approach its all-time high of $126,000 before year-end, driven by spot Bitcoin ETF i

According to a report by Rep. Park Sang-hyuk, South Korea's crypto exchanges held 566,352 foreign-held accounts last month, but only 90 of them were active, resulting in a 0.01% activation rate. Among the total accounts, just 517 had completed Know-Your-Customer (KYC) verification,