Crypto Forecasts
Key Takeaways IMF revealed El Salvador’s Bitcoin gains were private donations, unlocking $140M in IMF funding. El Salvador agreed to end public Bitcoin buys, aligning treasury policy with IMF transparency rules. The government privatized majority control of Chivo Wallet, resolving IMF compliance concerns. IMF Certifies El Salvador’s Bitcoin Comes From Private Funding The mystery behind…
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Hyperliquid is once again drawing attention as a large whale continues to accumulate amid its recent price rally. The whale has made a sizable HYPE purchase, adding to a series of aggressive buys. This comes as the price has rallied sharply but is now consolidating near the $82 to $84 range, just below a key…
Bitcoin Magazine Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy Strive’s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury. The Nasdaq-listed company announced its latest buy of 1,800 bitcoins between August 24 and August 28. It snapped up the…
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the…
Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz. Monthly active addresses rose more than 209% to around 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value…
ZEC price has ripped higher this August, climbing 82% from roughly $481 in mid-August to an $880 all-time high by late August. The breakout from a symmetrical triangle delivered the move, but after touching the new peak, ZEC has cooled to around $803. ZEC Price Enters Discovery After Breakout The broader setup remains aggressive. ZEC…
Bitcoin Magazine Coinbase and Better Mortgage Announce General Availability of Bitcoin-Backed Mortgages Coinbase and Nasdaq-listed Better Mortgage have announced the availability of Bitcoin-backed mortgages for Americans. The crypto exchange and lender said Wednesday that the service was designed in accordance with the Federal National Mortgage Association, or Fannie Mae. Coinbase and Better announced the funding…
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…
Key Takeaways Bitcoin nearly touched $80,000 before settling around $79,200 after brief market volatility. Market liquidations topped $396 million as Coinglass reported short positions taking the biggest hit. Bitfinex analysts noted that bitcoin needs strong spot demand to pass $80,000 and reach $86,500. Market Recovery and Bitcoin Price Swings Bitcoin nearly tapped $80,000 on Monday…