Bitcoin approaches $72,000 as Strategy and Coinbase continue rally
Bitcoin has gained 15% since monday, reclaiming several key technical and on-chain levels as bullish momentum builds.
Bitcoin has gained 15% since monday, reclaiming several key technical and on-chain levels as bullish momentum builds.
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.
Regulators reportedly accepted BitGo Korea’s registration on Tuesday, two days before stricter VASP entry requirements took effect.
Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.
HYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released.
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market’s history.
Gallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches.
Every major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.
Bitcoin’s steepest daily gain since March caught traders off guard, and Myriad’s pump-or-dump market swung from 70-30 odds to nearly even in a single day.
The president said the U.S. is far ahead of China in artificial intelligence and defended the rapid construction of data centers and power plants needed to fuel the industry.
The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels.
Trump touted his administration’s crypto policies and said regulators are working to bring Hyperliquid into the U.S. under a compliant framework.
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
Strategy, Coinbase, Circle, and BitMine are riding Bitcoin’s short squeeze toward $70K—and two of them may be squeezing equity bears of their own.
During a White House meeting Wednesday, President Donald Trump said CFTC Chair Mike Selig is working to bring the perpetual futures platform into the U.S. under federal rules.
The CEOs from companies across several tech-forward sectors met with the president in advance of this week’s first Innovation Advisory Committee at the CFTC.
The prediction market operator is seeking CFTC approval for a copper perpetual as it moves further into traditional derivatives markets.
A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry.
The cross-chain protocol said an attacker exploited six software flaws to drain Bitcoin and other assets, sending its CACAO token plunging.
In a race that drew criticism to crypto’s leading political action committee for featuring fake headlines in ads, Fairshake’s expensive effort fell short.
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date.
A Phase 3 win against the standard of care sent the biotech’s shares up 131% and left short sellers down $4.8 billion.
Base is narrowing its accelerator to 10 startups as it looks for teams building AI agents, payments, trading, and financing products.
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments.
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.
A White House sitdown with crypto’s biggest names and softer Fed signals lit the fuse. But the charts show why the pain for bears might not be over yet.
The Hyperliquid integration gives eligible Base App users access to more than 290 perpetual futures markets.