Zcash price recovered from a midweek drop and moved back above $800 as buyers defended the broader uptrend, but overbought momentum, weak capital flows, and a long-term bearish divergence raise the risk of another correction. Summary Zcash price rebounded from $760.30 and was trading near $807 after briefly approaching $880. Daily RSI stands at 72.29,…
In Bitcoin news today, BTC has climbed from roughly $64,000 to $80,000 in a single week, and the next major catalyst arrives today (August 28) at 10 a.m. ET, when Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote. It is his first major set-piece speech since taking office in May, and the…
A closer look at the performance of SOL, ETH, BTC and some of the latest price predictions. The broader cryptocurrency market has registered a solid uptick over the past week, with Solana (SOL) standing out as one of the biggest gainers. Ethereum briefly climbed past $2,500, prompting analysts to turn even more bullish on…
OpenSea has integrated its cross-chain market data with Perplexity Computer, allowing the AI agent to answer questions about token and NFT trading activity using live data covering more than 25 blockchains. Summary OpenSea has integrated its market data with Perplexity Computer, giving the AI agent access to live onchain activity across more than 25 chains….
DeFi Development Corp. resumed Solana purchases on Aug. 27, acquiring approximately 19,000 SOL at an average price of $98.14. Summary DeFi Development acquired approximately 19,000 SOL at an average price of $98.14 per token Thursday. The purchase expanded DFDV’s treasury to approximately 2.33 million SOL and equivalent holdings combined overall. ZeroStack divestment proceeds partially funded…
Bitwise’s U.S. crypto exchange-traded products attracted approximately $100 million in net inflows on Aug. 27, led by demand for Solana, Bitcoin and Hyperliquid funds, according to company CEO Hunter Horsley. Summary Bitwise reported approximately $100 million in daily inflows across its U.S. crypto exchange-traded products Thursday. Solana products led with roughly $40 million, followed by…
The company’s public-market strategy centers on holding and actively managing XRP as a corporate treasury asset. Evernorth said on August 27 that the US Securities and Exchange Commission (SEC) had declared its registration statement effective, moving its proposed merger with Armada Acquisition Corp. II closer to completion. The development puts the XRP treasury company…
Virtu Financial, M1X Global and Tradeweb completed an institutional repurchase transaction using a sovereign digital bond on Aug. 27, with the full repo and repurchase cycle settling on the Canton Network in under 10 minutes. Summary Virtu, Tradeweb and M1X completed an onchain repo cycle on Canton within ten minutes total. USDM1 served as collateral…
Strong ETF demand is supporting the rally, but fading short covering and lingering macro risks could slow its momentum. Bitcoin’s latest rally appears to be driven partly by short covering rather than fresh leveraged positions, according to QCP Research. Open interest has fallen as BTC advanced, while strong spot ETF inflows have provided additional…
BitGo Holdings completed its acquisition of NYDIG’s institutional trading business on Aug. 27, adding derivatives, structured products, execution and financing services to its U.S. institutional platform. Summary BitGo completed its acquisition of NYDIG’s institutional trading business, though financial terms remained undisclosed publicly. Approximately 30 NYDIG employees joined BitGo alongside institutional client relationships included in the…
