Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message: Gate market data shows that XRP is up 17.26% over the past 24 hours and is currently priced at 1.2489 USDT.

Bitcoin surpassed $72,000 on Aug. 20 for the first time since June 1, as crypto markets extended their rebound. Bitcoin traded up nearly 10% over 24 hours, while Ether gained more than 19%. The rally triggered heavy losses for bearish traders, with roughly $2.97 billion in leveraged crypto

According to TheStreet, on Aug. 20, Bitcoin surpassed $72,000 for the first time since June 1, trading up nearly 10% over 24 hours. Popular analyst Crypto Patel predicted 1,000% upside for Bitcoin from a $40,000-$50,000 range, implying a potential rally to $440,000-$550,000. Patel based the

John Hoffman, managing director and head of product portfolios at Ondo Finance, stated that tokenized assets are following a trajectory similar to exchange-traded funds, with early skepticism transitioning into growing adoption. Hoffman made the remarks at Wyoming Blockchain Symposium 2026,

According to HyperliquidNews, Hyperliquid's open interest reached $12.5 billion, marking the highest level since October 10.

According to John Hoffman, Ondo Finance's managing director and head of product portfolios, speaking at Wyoming Blockchain Symposium 2026, tokenized assets are following the same adoption trajectory as exchange-traded funds. Hoffman, who spent 18 years in traditional finance leading Invesco's ETF

Tradeweb completed a live on-chain US Treasury settlement using Canton Network in 2026, marking the first real-time on-chain US Treasury trade settled against tokenized cash, according to Tradeweb. DTCC plans tokenized asset trades in July 2026 with full production in October, covering

According to Tradeweb, the institution completed the first live on-chain US Treasury settlement in 2026 using Canton Network, with transactions involving Franklin Templeton and Virtu Financial settled against tokenized cash. The milestone marks the first real-time government debt settlement on a

According to Onchain Lens, a wallet associated with a16z unstaked and transferred 89,470 HYPE tokens (approximately $6.6 million) to Wintermute earlier today. The transfer was completed within minutes of the unstaking

Gate News message, a wallet linked to a16z has transferred 89.47K HYPE tokens, valued at approximately $6.6M, to a centralized exchange minutes ago. The wallet address is 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e.

U.S. prosecutors on Tuesday charged 17 alleged members of the Iran-based Mabna Institute in a years-long hacking campaign. The charges include the 2017 HBO breach and an attempt to extort the company for roughly $6 million in Bitcoin. The Justice Department said the defendants carried out hacks for

According to the U.S. Justice Department, prosecutors charged 17 alleged members of Iran-based Mabna Institute on Tuesday for a years-long cyber campaign that included the 2017 HBO breach and an attempted $6 million Bitcoin extortion. Six defendants were directly involved in the HBO hack. The

According to Sui on X, AftermathFi's perpetual futures V2 has launched with a rebuilt contract engine, with 15 markets now live. The protocol has also completed two audit reports for the upgrade.

According to TradingBeats, on August 21, Huang Lishen continues to add to his long ETH position with 25x leverage on 20,400 ETH, generating $3.95 million in unrealized gains. His portfolio also includes a 40x leveraged long position on 80 BTC with $30,000 in unrealized gains and a 10x leveraged posi

According to Gate trading data, Ethereum (ETH/USDT) broke above $2355 today, recording a 24-hour gain of 12.71%.

Fidelity Digital Assets warned that AI agents may generate significant digital activity without creating equivalent value for public blockchains. Senior Research Analyst Max Wadington listed this among six risks to the AI-crypto thesis in a new research report, arguing that centralized platforms

The European Union extended temporary rules allowing online platforms to voluntarily detect child sexual abuse material until April 3, 2028. The measure creates an exemption from parts of the ePrivacy Directive so providers can voluntarily detect, report and remove illegal material. Importantly, the