Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message: Gate market data shows SOL has risen 10% in 24 hours and is currently priced at 97.79 USDT.

According to Coinglass data, if Bitcoin drops below $74,537, total long liquidations on major centralized exchanges will reach $2.228 billion. Conversely, if BTC breaks above $82,272, cumulative short liquidations on major CEX would reach $1.319 billion.

According to ChainCatcher, Polymarket prediction market contracts show that as of August 22, Bitcoin has an 81% probability of reaching $80,000 in August, a 49% probability of touching $82,500, and a 27% probability of reaching $85,000. The contract also reflects a 50% probability of BTC falling

According to Onchain Lens data monitored by ChainCatcher, trader Loracle holds a HYPE short position of 685,700 tokens valued at approximately $56.39 million, with an unrealized loss of $19.55 million. The position's historical cumulative loss has reached $35.31 million. The liquidation price

According to Cointelegraph, over $5 billion in leveraged cryptocurrency positions were liquidated over the past 72 hours.

According to ChainCatcher, Bitcoin's recent rally on August 19-20 saw open interest decline while onchain data showed shifting demand dynamics. Data analyst Murphy noted that unlike typical leveraged rallies, the current price move was primarily driven by forced liquidations and short covering

According to Foresight News, Illuvium co-founder Kieran announced that over the past six months the studio cut costs significantly across operations and now holds over 12 months of funding reserves. The remaining team members are largely focused on MMO game development, with most having worked at Il

Gate News bot message: Gate market data shows XRP up 20.57% over the past 24 hours, currently priced at 1.58 USDT.

According to BitMart's official statement on August 22, the exchange is launching a potential restructuring plan and has appointed WKL Law Firm as its legal advisor to evaluate phased business recovery options, with further updates promised by September 9. The plan aims to serve as an alternative to

According to Lookonchain data, trader Machi turned $152,000 into $12.72 million in 3 days despite being liquidated nearly 500 times. The trader netted over $12.5 million in profit over the period.

According to BlockBeats, on August 22, the U.S. Commodity Futures Trading Commission's Innovation Advisory Committee held its first meeting, chaired by CFTC Chair Michael S. Selig, with numerous crypto industry founders and executives attending. The session catalyzed broad gains across crypto and re

According to ChainCatcher, trader Machi Big Brother grew his Hyperliquid perpetual futures account from approximately $100,000 to roughly $9.5 million in just two days, achieving a near 100-fold return and generating approximately $9 million in profit. Last week, Machi Big Brother liquidated his

According to Blockchain Association CEO Summer Mersinger on August 22, reopening negotiations on the Clarity Act just weeks before the Senate votes on September 15 will jeopardize the legislation. Mersinger said the American Bankers Association's proposed changes—replacing current standards with