Crypto Markets & On-Chain Ecosystem Developments

Gate News bot message: Gate market data shows that BTC has fallen below 78,000 USDT and is currently priced at 77,989.9 USDT.

Bitmine Immersion Technologies (BMNR), chaired by Tom Lee, increased its Ethereum holdings to 5,847,611 ETH — worth approximately $14.7 billion at current prices — after purchasing another 32,447 ETH since its last update on Aug. 17, the company reported Monday. The acquisition, valued at

According to Coinglass, the crypto market saw $337 million in liquidations over the past 24 hours, with $159 million from long positions and $178 million from short positions. Bitcoin long positions accounted for $29.48 million, while Bitcoin short positions totaled $59.98 million. Ethereum saw $40.

Jiang Zhuoer, founder of mining pool BTC.TOP, recently reversed his bearish Ethereum stance and now expects ETH to outperform Bitcoin in the current crypto cycle. He had sold ETH between $1,738 and $1,931 and positioned for further declines, only to close those bets at a loss after Ether moved

According to Odaily, Pharos Network and R25 protocol launched pRNH Vault today (August 24), offering qualified users on-chain access to U.S. high-yield corporate bonds. The vault is backed by NYLIM Anemoy U.S. High-Yield Bond portfolio (HYB), tokenized via Centrifuge, and co-initiated by NYLIM and A

According to BlockBeats, HertzFlow, a perpetual futures protocol backed by YZi Labs, launched mainnet trading today (August 24). The protocol added 390,000 WLFI as liquidity rewards for the USD1 Vault, with the incentive program running through August 31 with no deposit cap. Early Genesis

According to on-chain analyst @ai_9684xtpa tracked by ChainCatcher, as of August 24, BIT-associated entities across 10 addresses held over $323 million in ETH and BTC longs with unrealized gains exceeding $41.95 million. Breakdown: 65,977.97 ETH valued at $165 million generated $15.08 million in un

According to Onchain Lens monitoring data, Ceffu transferred 3.706 million TRUMP tokens from its custodial hot wallet to Binance approximately 5 hours ago. The transfer, valued at approximately $9.27 million, suggests a potential

Tron Inc. shares extended their rally in the latest session, closing 7.49% higher at $2.01 and gaining 26.42% over five trading days, as the Nasdaq-listed company increased its TRX treasury and the underlying TRON blockchain surpassed 400 million total accounts. The company purchased

Tron Inc. stock gained 26.42% over five trading days, closing 7.49% higher at $2.01 in its latest session after the Nasdaq-listed company purchased an additional 145,002 TRX tokens. The purchase brought the company's total TRX holdings to 711.2 million tokens, worth approximately $245 million at

According to ChainCatcher, Hyperliquid Policy Center (HPC) recently submitted comments to the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), recommending that qualified equity

According to Tom Lee on X, Ethereum's single-week gain of 30% has historically signaled larger price increases in the following weeks. Lee shared the observation based on historical patterns, suggesting the recent weekly performance may precede further upside

Strategy's Bitcoin holdings returned to profitability after Bitcoin's five-day rally pushed prices past $78,000, marking the first time the company's position has been in the green since July. The company holds 840,447 Bitcoin purchased at an average price of $75,385, a position that spent most of t

According to ChainCatcher, Aethir announced today the launch of its ACCELERATE strategic initiative, securing access to 10 AI data center sites across the United States and Europe with a combined capacity of up to 20 megawatts. Upon full completion, the total contract value will exceed $2 billion, w

According to SoSoValue data, spot XRP exchange-traded funds reached a record $1.55 billion in cumulative net inflows last week, with $39.78 million arriving in a single week—their best result since mid-May. Daily demand accelerated toward week's end, with $13.24 million on Thursday and $18.38 millio

Gate market data shows that BTC has broken through 79,000 USDT and is currently trading at 79,000 USDT.

Gate News bot message: Gate market data shows GT breaking above 8 USDT, with the current price at 8 USDT.

Abraxas Capital built a $783 million short position on Hyperliquid and withdrew 73,872 ETH worth $173.17 million from Binance over four days ending Aug. 24. The positioning occurred as bitcoin surged 23% over the week to $77,500, triggering $2.5 billion in BTC short liquidations since Aug. 19. The f

According to onchain data, Abraxas Capital built roughly $783 million in short exposure on Hyperliquid, a decentralized exchange for perpetual futures contracts, on Aug. 24, while simultaneously withdrawing 73,872 ETH (worth approximately $173.17 million) from Binance over the prior four days to

According to PR Newswire, as of August 23 at 2:00 p.m. ET, BitMine held 5.85 million ETH, representing 4.8% of Ethereum's total supply, after acquiring 32,447 ETH last week. Of its holdings, 5.07 million ETH were staked, accounting for 87% of total positions with an estimated value of $12.4