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CFTC prepares a contingency plan if the CLARITY Act stalls?
The CFTC is preparing to push for a regulatory framework for the crypto asset market if the CLARITY Act continues to stall in the U.S. Congress. CFTC Chairman Mike Selig said the agency has asked staff to research using existing authority to develop rules for the crypto market. The CFTC can build a crypto regulatory framework on its own The CFTC could begin building crypto market rules using existing authority if the U.S. Congress has not passed the CLARITY Act.
STX price forecast: Does the $0.26 milestone decide the next leg up?
Stacks (STX) rose by more than 18% in 24 hours as Bitcoin (BTC) rebounded, lifting improvements across the Bitcoin ecosystem. STX trading volume increased by 145%, but this token still needs to break above the $0.16–$0.17 and $0.26 zones to confirm a more sustainable rebound. MAIN CONTENT STX is up more than 18% in 24 hours, while trading volume increased by 145%. Bitcoin trades around $77,000 after forming a bottom just above the $62,670 region. STX needs to turn the $0.16–$0.17 area into support to maintain the short-term uptrend structure.
Bitcoin Surpasses $78,000 as Expectations of U.S. Yield Control Heat Up
The U.S. Treasury will increase the limit for repurchasing long-term Treasury bonds each time from $2 billion to at least $4 billion during 9/9-4/11, causing Bitcoin to surpass $78,000 in the short term. The program is funded with short-term debt instead of issuing money. Even though U.S. officials claim this is not quantitative easing (QE) or yield curve control (YCC), the market still views this move as liquidity management similar to “Operation Twist 2.0”.
Why is crypto up today? Liquidations of $3.5 billion amid a standoff
Bitcoin rose 8.5% in 24 hours, triggering a short squeeze that resulted in approximately $3.5 billion worth of leveraged positions being liquidated on 20–21/8. More than 190,000 traders were affected by a liquidation wave, while the total market capitalization of crypto rose by about $28 billion. Bitcoin surged, with most short positions being liquidated The price increase in Bitcoin forced many traders who had bet on a downward trend to close their positions, thereby creating a broad-based short squeeze.
Bitcoin (BTC) has just surpassed the $77,000 mark, reaching $77,001.20 per coin and rising 6.26% over the day. OKX market data records this increase on August 21. Source: https://tintucbitcoin.com/btc-vuot-77-000-usd-tang-626-trong-ngay/ Thank you for reading this article! Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
Dogecoin jumps 10% as trading volume surges 3.5x: OG memecoin returns?
Dogecoin (DOGE) rises 10% in 24 hours, along with Shiba Inu (SHIB), while Pepe (PEPE) leads the memecoin pack with a 19% increase. The rally helped the total market capitalization of the memecoin market grow by 5.37%, and trading volume increase 189% to around $4.14 billion. DOGE is also supported by some specific factors related to liquidity and usage levels. MAIN CONTENT DOGE is up 10%, while PEPE is up 19% and SHIB is up 10%. DOGE trading volume increases 3.5 times to about $1.28 billion per day.
Total network contract liquidations reach $1.408 billion, mainly from short orders
The crypto market recorded $1.408 billion in liquidated contracts over 24 hours, affecting 154,189 people. Sell positions accounted for $1.227 billion, far higher than the $181 million from buy positions. Bitcoin led in the value of liquidations with about $900 million, while Ethereum recorded about $236 million. Data has not yet indicated the liquidation share of other assets. The largest single liquidation order occurred on the Hyperliquid-BTC-USD pair, valued at $25.1387 million.
The U.S. Financial Accounting Standards Board (FASB) proposes classifying stablecoins as “cash equivalents” in corporate financial statements. The proposal is open for public comment until November 19 and could affect how companies recognize and disclose highly liquid digital assets. FASB proposes changes to the classification of stablecoins FASB wants to expand the definition of “cash equivalents” to include stablecoins and certain digital assets that meet specific conditions.
Bitcoin spot ETF records net inflows of 606 million USD, extending 4 days of net inflows
Bitcoin spot ETF records net inflows of 606 million USD on August 20, according to Eastern Time, during which iShares Bitcoin Trust (IBIT) by BlackRock leads with 503 million USD. Fidelity Wise Origin Bitcoin Fund (FBTC) ranks second with net inflows of 64.7375 million USD. Conversely, VanEck Bitcoin Trust (HODL) recorded the largest net outflows, at 3.5916 million USD. Cumulatively, net inflows into IBIT reached 62.187 billion USD, while FBTC was at 10.146 billion USD. HODL still recorded net inflows cumulatively of 1.062 billion USD.
Does INJ investors need to watch the following price levels after the uptrend?
Injective (INJ) rises 14% within 24 hours, but perpetual contract data shows buying pressure is only slightly higher than selling pressure and long position volume is decreasing. Selling pressure on some major exchanges alongside a funding rate that is nearly flat leaves INJ’s next direction unclear, despite a sharp increase in trading volume. INJ’s long-short ratio is only slightly tilted toward the buy side INJ’s long-short ratio is at 1.019, indicating that long positions account for about 50.76% of the perpetual contract market.
Whale First Set 10 Big Goals increases short selling to 218 million USD
The whale @Jason60704294 has opened an additional short position of 1,000 BTC, raising the total value of the short position to 218 million USD and recording an unrealized loss of 877,000 USD. The 5x-leveraged BTC short position consists of 2,449,968 BTC worth 183 million USD, with an entry price of 74,746.1 USD. The 7x-leveraged ETH short position consists of 15,000 ETH worth 35.21 million USD, with an entry price of 2,347.89 USD. Source: https://tintucbitcoin.com/ca-voi-first-set-10-big-goals-tang-ban-khong-len-218-trieu-usd/
HYPE is up 23.24% in 24 hours to $71.22, heading toward the $74 resistance zone. The upward move is being reinforced after U.S. President Donald Trump said the U.S. Commodity Futures Trading Commission (CFTC) is working to bring HYPE to the U.S. under a legal compliance framework. HYPE’s uptrend still dominates the daily chart HYPE is maintaining upward momentum on the daily timeframe, but overbought indicators suggest that the likelihood of a pullback or short-term accumulation has increased.
The whale First set 10 big goals to increase the short position to $143 million
The whale @Jason60704294 has increased the total short position to $143 million, including $108 million in 5x leveraged BTC and $35.21 million in 7x leveraged ETH. The BTC position consists of 1,449.968 BTC, opened at $74,570.99 per BTC. The ETH position consists of 15,000 ETH, opened at $2,347.89 per ETH. The short position currently recorded shows an unrealized loss of 309,000 USD. The data does not provide any additional information about when the position will be closed or any subsequent changes.
Aster up 10% thanks to optimism about Hyperliquid — is $0.80 next?
Aster (ASTER) rose more than 10% in 24 hours to $0.65 as expectations of positive regulation around decentralized perpetual contract trading platforms boosted market sentiment. New momentum emerged after remarks about Hyperliquid’s ability to operate in the US in a compliant manner, thereby shifting attention to competing platforms such as Aster. Statement about Hyperliquid creating a ripple effect for ASTER
AVAX faces a test after a whale deposits $2.4 million
Avalanche (AVAX) rises 6.8% to $6.79 after a whale transfers tokens worth $2.4 million to Coinbase. Trading activity and long positions increase sharply, but the amount of AVAX still remaining in the whale’s wallet could create additional supply pressure if it continues to be sent to the exchange. MAIN CONTENT The whale transferred AVAX worth $2.4 million to Coinbase within about 4 hours. AVAX trading volume jumps 129.52% to about $415 million.
The crypto market rises for two consecutive days, with BTC surpassing $75,000
The crypto market rose for the second consecutive day, with 24-hour gains for popular sector groups of approximately 3% to 11%. PayFi led with 11.46%; Bitcoin (BTC) surpassed $75,000 and Ethereum (ETH) rose above $2,300. SoSoValue data shows that in the PayFi sector group, XRP rose 16.16% and Telcoin (TEL) increased 13.49%. BTC gained 8.26%, while ETH rose 4.67% over the same period. Other sector groups also recorded gains: Meme increased 7.48%, Layer 2 rose 5.95%, CeFi climbed 5.26%, DeFi gained 5.19%, and Layer 1 increased 4.69%.
PENDLE breaks the downtrend after a 12% rally: Bulls targeting the $2 mark?
PENDLE rises 12.47% after a whale moves its entire token holdings worth $1.28 million to Binance without staking. The potential selling pressure from this transaction is offset by a net outflow of funds from exchanges and an increase in demand for spot buying, while the derivatives market shows higher levels of leverage use. MAIN CONTENT A whale transferred $1.28 million worth of PENDLE to Binance after previously withdrawing about $1.338 million worth of PENDLE from Bybit.