Crypto Markets & On-Chain Ecosystem Developments

On August 24, Bitcoin reached an intraday high of approximately $78,002, just shy of the $80k round-number level. Its weekly gain reached 23.6%, marking its strongest rebound since the beginning of 2026. On-chain tracking by Lookonchain showed that a mysterious Bitcoin whale address closely watched by the market had sold approximately 7,770 BTC over the past three days, worth approximately $577 million. Three Major Catalysts Behind Bitcoin’s Rise The main catalysts behind this Bitcoin rebound ar

Grayscale has submitted the fifth amendment to its filing with the SEC for a Zcash spot ETF, proposing to convert the existing Grayscale Zcash Trust into a spot ETF to be listed and traded on NYSE Arca under the ticker ZCSH. If approved, it would become the first spot ETF in the United States to directly track the price of Zcash, with an annual management fee of 2.5%. Structure of the Grayscale Zcash Trust’s Transition to a Spot ETF (Source: SEC) The Grayscale Zcash Trust has operated since 2017

MANTRA Chain, which focuses on bringing real-world assets (RWAs) on-chain, was hit by an exploit on August 24, forcing the entire blockchain network to shut down and halt block production. Trading, deposits and withdrawals, and cross-chain functions were affected. According to CoinGecko data, $MANTRA ’s native token fell from $0.005060 to a low of $0.004126 before recovering to around $0.0044. $MANTRA Falls to an All-Time Low as Trading Volume Surges 600% According to CoinGecko data, $MANTRA ’s

According to Term Labs, the protocol closed all Meta Vaults and revoked its DAO governance permissions on August 24 to prevent further fund inflows following an $8.5 million governance attack. The closure is irreversible and will permanently block new deposits. The platform maintains withdrawal

According to RootData, GUNZ (GUN) will unlock approximately 36.857 million tokens worth around $1.16 million on August 31 at 1 p.m. Beijing time.

According to RootData, FLock (FLOCK) will unlock approximately 168.04 million tokens on August 31 at 00:00 UTC+8 (Beijing time), worth approximately $5.65 million.

According to Cryptoslate, Pakistan's Virtual Assets Regulatory Authority (PVARA) has mandated all cryptocurrency exchanges and virtual asset service providers currently operating in the country to apply for a regulatory license by September 5, 2026, or cease operations. The PVARA opened the

According to Lookonchain, three market-making firms—Abraxas Capital, Fasanara Capital, and Wintermute—currently hold the largest on-chain short positions. Combined, they hold 138,569 ETH short positions valued at $338

According to BlockBeats, trader xm39 expanded long crude oil and short Nasdaq positions on Hyperliquid on August 24, raising combined exposure from $17.6 million to $48.2 million, a 173.8% increase. WTI long positions grew from $7.3 million to $12.8 million, with an average entry price of $81.80 an

Gate News reports that, according to an official announcement from Gate, Gate Alpha has added trading support for four tokens: Morty (full name: Gucci Morty; SOL network; contract address: GUmbtfjSZkybSFgPibBcvwExEBdXwewJHR5PkTjzpump), DOPAMEME (SOL network; contract address: Ab1sTFNv2tV5DX1XpriwNehXgiJhdq2RQ5LtD5BXpump), Fei Dudu (full name: “Your courage is really chubby”; BSC network; contract address: 0x03c59BBf8Ba49CE79831403B86aCBc40d3167777), and b-money (BSC network; contract address: 0x

Gate News reports that on Aug. 24, according to Gate market data, URANUS (Uranus) was trading at $0.0104 as of press time, up 25.07% over the past 24 hours. The token reached a high of $0.01424 and a low of $0.006635, while 24-hour trading volume totaled $48.9k. Its current market capitalization is approximately $1.04 million. Uranus is the largest meme project on the Jupiter launchpad and is supported by Jupiter’s founder. It is a true community takeover (CTO) project and an eternal meme that h

According to Strategy's official X account, on August 14, MSCI proposed removing non-operating companies from its Global Investable Market Indexes, affecting Bitcoin treasury firms like Strategy and Japanese rival Metaplanet. Strategy fired back, stating on X Friday: "Digital assets are assets. Inde

Ray Dalio, founder of hedge fund Bridgewater Associates, warned on the 22nd (local time) about fiscal and debt problems across major economies, forecasting relative strength for assets not issued by governments such as gold and Bitcoin. Dalio posted on X an article titled 'How Countries Go Broke:

DB Securities will participate as title sponsor of the 'Ethereum Korea One: Genesis' conference scheduled for September 28-29 in Seoul. The Ethereum Korea Consortium announced on the 24th that the two-day event will feature DB Securities alongside sponsors including Altus, Optimum, DSRV,

US Bitcoin spot exchange-traded funds (ETFs) recorded a net inflow of $1.92 billion for the week ending May 21, marking the largest weekly inflow in approximately 10 months, according to digital asset data platform SoSoValue.

South Korea's Fair Trade Commission (FTC) is preparing guidelines to restrict prepaid installment companies, including funeral service providers, from excessively investing consumer advance payments in high-risk assets such as virtual assets (digital assets). The FTC announced on the 24th that it