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Bitcoin, Ether ETFs Pull In $706 Million as Crypto Demand Surges

U.S. spot bitcoin ETFs drew $517.19 million on Wednesday, their strongest daily inflow since May 4, as bitcoin climbed above $70,000. Ether funds also surged with $189.15 million in net inflows, while XRP and solana ETFs finished higher. Bitcoin ETFs Add $517M as Bitcoin Breaks Above $70,000 A price breakout quickly turned into an ETF […] from Bitcoin News https://ift.tt/hMmFI6a
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10X Founders Demo Day Opens Applications for v2.0 – With Sonic Anchoring and $150,000 on the Table

Inspira Labs, Yellow and Cicada opened applications for 10X Founders Demo Day v2.0, an Aug. 25 session where eight startups pitch live to active VCs, backed by a $150,000 pool. Key Takeaways 10X Founders Demo Day v2.0 – August 25, online. Applications close August 20. Eight selected founders pitch live: 5 minutes on stage, 2 […] from Bitcoin News https://ift.tt/7lmTMrY
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Bitcoin Hits $72,850 as Traders Lose $650M in Shorts

Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin’s unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting. Market data shows […] from Bitcoin News https://ift.tt/tKloIQO
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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
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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
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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
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