Fairlead Strategies managing partner Katie Stockton said Bitcoin is no longer oversold. Stockton said Bitcoin cleared its 200-day moving average in May. Stockton said a potential breakout could be coming. Bitcoin gained more than 22% over seven days.
Bitcoin crypto-margined open interest falls to 12%, squeeze may continue
Crypto-margined positions account for about 12% of Bitcoin open interest across all exchanges, according to Glassnode's long-run metric. Traders liquidated $570.08 million in positions over the past 24 hours, with shorts accounting for $329.60 million. The Bitcoin short squeeze may not be over based on the data, although the squeeze and the collateral shift are independent developments.
Copper posts record close as debasement trade lifts gold, silver and Bitcoin
Copper futures settled at $6.71 per pound on Comex, their highest closing price in history. Investors are rotating into scarce assets on bets that U.S. debt management will weaken the dollar. Bitcoin traded near $79,100 after briefly reaching $81,000, while gold and silver also advanced.
Pelosi disclosure sends Bloom Energy shares up more than 6%
Nancy Pelosi's financial disclosure sent Bloom Energy shares up more than 6% in premarket trading Tuesday. The disclosure revealed a multimillion-dollar household investment made through her husband Paul Pelosi's accounts about a month earlier. The position had gained 26% since the purchases.
Strive buys 1,110 Bitcoin, but Bitcoin per common share rises 1.19%
Strive bought 1,110 Bitcoin from Aug. 17 through Aug. 21, but Bitcoin per effective common share increased 1.19%. The average purchase price was about $73,409 per Bitcoin, including fees and expenses. Strive's holdings rose 5.48% to 21,356 BTC. SATA shares increased by 441,313, implying $5.74 million in annualized preferred dividends at a 13% rate.
POSCO brings trade receivables to Avalanche in tokenization move
POSCO International completed a transaction that converted trade receivables into digital assets on an Avalanche-based blockchain network. POSCO International's U.S. arm worked with Olea and Intain on the transaction. The companies plan to explore stablecoin-based cross-border settlements and digital treasury tools.
Kraken said users received 12,000 small transfers from a wallet linked to sanctioned exchange HTX. Kraken said the transfers briefly locked customers out of their accounts. The exchange said its compliance team restored access while continuing to hold the sanctioned funds.
The Crypto Fear and Greed Index reached 81, placing the cryptocurrency market in extreme greed for the first time since late 2024. The index rose from 36 a month ago and 41 a week ago. Bitcoin gained roughly 24% in a week, exceeding the broader crypto market's increase.
Analyst says Bitcoin makes fastest bull flip in a year, faces $83,000 test
CryptoQuant says Bitcoin's Bull Score rose from 30 to 80 in one week, marking the fastest reversal in a year. Bitcoin must close above its 365-day moving average near $83,000 for the bull market to be officially confirmed. Bitcoin has risen 24% since Monday, August 17, and reached an intraday peak of $81,272 on Binance.
Martin Shkreli's two newest memecoins fell at least 94% from their highs in less than 24 hours. CITRINI fell 97% from $0.0031 to $0.000087. MARTIN's market capitalization fell to roughly $150,000.
LayerZero unveiled ATLAS, exchange infrastructure built on the Zero blockchain, as ZRO rose more than 16% to $1.26. ATLAS is a headless exchange backend for crypto exchanges, brokers and financial institutions. LayerZero expects ATLAS to launch later this year.
Mistral and HUMAIN plan sovereign AI infrastructure in Saudi Arabia
Mistral and HUMAIN today announced plans for sovereign AI infrastructure in Saudi Arabia and across the region, in a collaboration worth hundreds of millions of euros. Mistral will explore running workloads on HUMAIN's Saudi data-center capacity instead of relying only on European and American infrastructure. The companies plan to develop and localize advanced models and deploy AI solutions inside the Kingdom and the wider region.
StablecoinX shifts $6.535 million in defaulted SPAC debt into future equity
StablecoinX restructured $6.879 million of defaulted former-SPAC notes with about $344,000 in cash and warrants representing approximately 7.62 million potential Class A shares. The deal moves roughly $6.535 million of near-term repayment pressure from cash to future equity. The warrants would dilute existing holders only if exercised, and full discharge remains conditional on delivering the cash and issuing the warrants.
CryptoQuant said Bitcoin's 24% rally pushed key market indicators into bullish territory. Its Bull Score rose to 80 from 30 over the past week. CryptoQuant said Bitcoin needs a weekly close above its 365-day moving average, currently around $83,000, to confirm a new bull market.
Solana transactions hit record as tokenized RWA value nears $4 billion
Solana processed a record 4.2 billion transactions in July. The total rose 13.5% from the previous month. Tokenized real-world assets on Solana neared $4 billion after rising roughly 11.8% over the past month. The record preceded a sharp rally that pushed SOL above $100 for the first time since February.
Trump's Truth Social post may have moved SpaceX stock
SpaceX stock rose 2.79% on Tuesday after President Donald Trump praised Space Force in a Truth Social post. The stock was already up more than 1% in premarket trading. A financial disclosure showed Trump bought $15,001 to $50,000 of SPCX. JPMorgan repeated its $240 target for the company.
Bitcoin held above $80,000 after reaching $81,000 on Aug. 24. Bitcoin gained more than $16,000 over the past week. Bitcoin and Ethereum ETFs drew $2.6 billion in combined inflows during the prior week.
Blockchain Association Backs GENIUS Act Stablecoin Rules With Caveats
The Blockchain Association filed a public comment letter on Aug. 21 supporting customer identification rules limited to direct stablecoin issuer transactions. The group also urged federal agencies to align the rules with separate Anti-Money Laundering requirements under the GENIUS Act.
HashKey Adds Franklin Templeton Tokenized Fund for Hong Kong Professionals
HashKey Exchange added Franklin Templeton's tokenized money market fund to its Earn channel for professional investors in Hong Kong. The fund holds U.S. government money market instruments and U.S. dollar cash assets. Franklin Templeton launched a related tokenized money market fund in Hong Kong in November 2025.
Anthropic plans to present IPO investors with a $30 trillion market opportunity. Bankers have floated a raise above $100 billion at a valuation near $2 trillion. Anthropic could file its prospectus before the end of August.
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