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Cash App Adds XRP, SOL and ETH via Moonpay for 59M Users

Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app’s 59 million users access to tokens that Block has never listed directly on its own platform. A Major Expansion for Cash App’s Crypto Lineup Cash App has integrated Cash App Pay as a funding method […] from Bitcoin News https://ift.tt/06tg7NE
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Kalshi Seeks CFTC Nod for Perpetual Bets on 500 Shares and Copper

Kalshi has asked the Commodity Futures Trading Commission (CFTC) to approve perpetual futures tied to a U.S. large-cap stock index and the price of copper, extending its push from prediction markets into mainstream financial products. The two Aug. 18 filings seek permission to list the US500 and COPPERPERP contracts. KalshiEX LLC is a CFTC-registered designated […] from Bitcoin News https://ift.tt/cMYyj9u

Bitcoin’s $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled

Bitcoin’s sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Bitcoin Rally and Consolidation After falling just short of hitting $70,000 on reports that the U.S. Treasury is doubling bond buybacks to $4 billion, bitcoin appeared to consolidate above $68,200. Despite […] from Bitcoin News https://ift.tt/P9x4icE

Winklevoss-Backed Cypherpunk Seizes 18% of Total Zcash Hashrate

On Tuesday, Cypherpunk Technologies disclosed that it has launched a U.S.-based zcash (ZEC) mining fleet with about 4.2 GSol/s of computing power after completing a $33.33 million equity transaction with Winklevoss Capital. The Nasdaq-listed privacy technology company said the fleet is already operating and represents roughly 18% of the Zcash network’s total computing power, or […] from Bitcoin News https://ift.tt/L4WQehZ

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

Bitcoin briefly reached $65,000 on Tuesday morning, gaining 0.5% daily and over 2% weekly to push its market cap near $1.3 trillion. Bitcoin Rebounds Bitcoin briefly tapped $65,000 on Tuesday even as geopolitical tensions in the Middle East entered a critical phase following the expiration of the 60-day memorandum of understanding between the U.S. and […] from Bitcoin News https://ift.tt/4L6GaXu

Bitcoin Whale From 2012 Suddenly Moves $13.7M After 14 Years

Amid August’s wave of dormant bitcoin suddenly waking up after the Coldcard exploit, a relic from 2012 joined the action, moving 212 BTC worth $13.72 million after sitting untouched for more than 14 years. Vintage BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for […] from Bitcoin News https://ift.tt/kIeWrXT

Deribit Secures Dubai Broker-Dealer License via Coinbase

Deribit, the derivatives exchange Coinbase acquired for $2.9 billion, secured a Broker-Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA) last week, routing its spot orders directly into Coinbase’s liquidity. What the New License Changes Deribit’s Broker-Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA) means the exchange’s spot buy, sell, and trade orders now […] from Bitcoin News https://ift.tt/fdrzk2p