Headlines

BTC Hits $65,000 as $56M Short Squeeze Punishes Bearish Traders

Key Takeaways Bitcoin reached $65,000 on Tuesday, delivering a 2% weekly gain despite geopolitical risks in the Middle East. Coinglass recorded $56 million in short liquidations, yet analyst data shows strong sell-side resistance at $65,000. Anthony Scaramucci and Glassnode expect a recovery, citing conviction buying around $60,000 since January. Bitcoin Rebounds Bitcoin briefly tapped $65,000…

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Kraken Opens 7,000 US Stocks to European Investors

Key Takeaways Eligible EEA customers can trade more than 7,000 U.S. stocks. Kraken offers traditional shares and xStocks within one account. Tokenized equities add transfers and trading beyond market hours. Kraken Expands Stock Trading Across the EEA Eligible customers across the European Economic Area gained access to more than 7,000 U.S.-listed stocks on Aug. 18,…

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Blackrock, Fidelity Drive $297.5M Bitcoin ETF Rebound

Key Takeaways Blackrock and Fidelity drove $297.56M into bitcoin ETFs, ending a 3-session outflow streak. Jane Street held $1B+ in bitcoin ETFs, underscoring growing institutional participation. XRP, solana, and HYPE saw zero flows, leaving bitcoin and ether to lead the day’s allocation. Bitcoin, Ether ETFs Add $328.41M as Institutional Demand Returns The new week opened…

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Cash 2.0 Conference Turns Cebu Shopping Mall into a Bitcoin Cash-Powered Bazaar

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Most cryptocurrency transactions still happen behind complex wallet apps, seed phrases, and exchange interfaces. And while it is true that traditional fintech apps are slowly integrating crypto, the user experience in majority of native crypto…

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Cheaper Transfers and QR Ph Scans Push Nearly 65% of PH Payments Online — BSP

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Paying for street food, settling bill payments, or sending money to family across the Philippines is no longer dependent on carrying physical cash or waiting for paper checks to clear. Driven by shrinking fund transfer…

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Dutch Prosecutors Raise $2.55M From Crypto Tied to Bankrupt Knaken

Key Takeaways Dutch prosecutors liquidated Knaken’s remaining crypto assets, raising $2.55 million for 6,300 victims. Unregistered operations and missing funds at Knaken led to regulatory scrutiny from DNB and the AFM. Trustee Carl Hamm is auditing Knaken’s finances to determine recovery terms for 6,300 victims. Discrepancy Between Deposits and Assets Dutch prosecutors have liquidated all…

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