CryptosNewss

Zcash (ZEC) climbed to $979 on Thursday, gaining nearly 17% in 24 hours as the cryptocurrency’s sharp price appreciation pushed mining profitability higher and drove network hashrate close to record levels.
ZEC has gained 64.7% over the past two weeks and 88.1% against the US dollar over 30 days. Over six months, the privacy-focused cryptocurrency has risen approximately 353%.
The price surge has improved the economics for Zcash miners, encouraging additional computational power to enter the network. Bitcoin.com News previously reported Zcash operating at around 27.87 GSol/s.
Zcash Hashrate Reaches 27.9 GSol/s as Mining Economics Improve
Zcash uses the Equihash proof-of-work algorithm, with miners competing to solve computational puzzles to secure the network.
CoinWarz data showed Zcash’s hashrate reached 27.9 GSol/s on Aug. 28 at block height 3,463,689, following a mining report published on Aug. 25.
By Sept. 3, network computational power stood at roughly 91% of its all-time high, according to CoinWarz data.
The correlation between ZEC’s price and mining economics has become increasingly visible. Higher ZEC prices raise the potential dollar value of mining rewards, improving incentives for operators to deploy specialized hardware.
Bitmain Z15 Pro Leads Zcash ASIC Profitability
Bitmain’s Antminer Z15 Pro currently ranks as the most profitable Zcash ASIC based on data from ASIC Miner Value.
The Z15 Pro delivers approximately 840 KSol/s, double the roughly 420 KSol/s output of the original Antminer Z15.
At the reported ZEC price, ASIC Miner Value estimated that the Z15 Pro could generate approximately $59.09 in daily profit, while the Z15 could produce around $29.25 per day.
Those estimates assume electricity costs of $0.10 per kilowatt-hour and can change rapidly as ZEC prices and network conditions fluctuate.
Bitmain’s website showed the Z15 Pro and older Z15 unavailable for purchase, while resellers identified by Bitcoin.com News were offering Z15 Pro units above Bitmain’s $4,999 list price.
The Antminer Z15K, which produces approximately 525 KSol/s, was also unavailable through Bitmain’s store and carried an estimated daily profit of $35.14 at prevailing ZEC prices.
ZEC Rally Could Keep Attracting Hashpower — Until Economics Change
The current mining surge highlights the direct relationship between cryptocurrency prices and proof-of-work network security.
When ZEC becomes more valuable relative to electricity and hardware costs, miners have stronger incentives to allocate capital toward Zcash-compatible ASICs.
However, mining profitability remains variable rather than guaranteed. ASIC Miner Value estimates can change with ZEC’s market price, network difficulty and electricity expenses.
A sustained ZEC correction could therefore compress mining margins and make some machines uneconomical, potentially removing a portion of the recently added hashpower from the network.
The same profitability dynamic extends beyond Zcash. Monero (XMR), another privacy-focused cryptocurrency, also appears among the most profitable ASIC-mining opportunities in the referenced profitability data.
For Zcash, the immediate market signal remains clear: the combination of a roughly 353% six-month price increase, near-record hashrate and elevated ASIC returns has created unusually strong economic incentives for miners.
Yet the durability of that mining boom will ultimately depend on whether ZEC’s price can sustain the economics that attracted the additional hashpower in the first place.
This post was originally published on CryptosNewss.com
#zcash

Formerly The PR Genius, the London and Dubai based agency has represented 350-plus global brands and supported more than 100 entrepreneurs with press strategies for O-1 and EB-1 petitions
DUBAI, UAE (PinionNewswire)
Genius, formerly known as The PR Genius, today announced its rebrand as Genius PR, reflecting the agency’s evolution into a global crypto and AI PR agency and a specialist provider of press evidence strategy for O-1 and EB-1 visa petitioners.
The rebrand follows a period of international growth for the agency, which continues to operate between London and Dubai while building a growing customer base in the United States. Genius PR has now represented more than 350 brands globally and has supported more than 100 entrepreneurs with PR and editorial press strategies connected to O-1 and EB-1 petitions. The agency helps founders, executives and companies build credible public profiles through media strategy, narrative development and multi-channel distribution.
Originally known for its work across cryptocurrency and Web3, Genius PR has expanded its sector expertise to include artificial intelligence, institutional finance and prediction markets. The broader positioning reflects the convergence of technology, capital and media, as well as growing demand from companies that need specialist communications support in fast moving and highly technical industries.
“The PR Genius helped establish who we were, but Genius PR better represents who we have become and where we are going,” said Kim Than, CEO of Genius PR. “We remain deeply connected to crypto and Web3, while our capabilities now extend across AI, institutional finance, prediction markets and O-1 and EB-1 PR. Founders come to us when credible third party recognition genuinely matters, whether they are building a category defining company or documenting their professional impact for an extraordinary ability petition.”
A Broader Platform for Modern Public Relations
Genius PR’s approach combines public relations with distribution, search and AI visibility, and strategic advisory. The agency develops narratives designed to resonate with journalists, investors, customers and industry stakeholders, then amplifies earned media across social, creator and owned channels to extend its impact.
The company’s expanded focus also responds to a changing discovery environment. As decision makers increasingly use both traditional search engines and AI platforms to research companies, products and executives, Genius PR helps clients build authority that remains visible across media, search and AI generated results.
Press Evidence for O-1 and EB-1A Entrepreneurs
A key part of the expanded Genius PR offering is specialist press evidence support for entrepreneurs pursuing O-1 and EB-1A extraordinary ability pathways in the United States. Having supported more than 100 entrepreneurs in this area, the agency develops editorial media strategies around each founder’s genuine achievements, industry contribution and existing public profile.
Genius PR works alongside a petitioner’s licensed immigration attorney to help translate credible accomplishments into stories that journalists may consider on their editorial merits. The agency focuses on genuine earned coverage and petition ready documentation rather than sponsored articles, press release syndication presented as editorial recognition or promises of placement in specific publications.
That specialist O-1 and EB-1 PR capability is strengthened by the agency’s wider track record. Companies and organisations featured in the Genius PR client portfolio include Nillion, Morpho, Gate.io, MicroStrategy, Validation Cloud, tBTC, Deribit, SwissBorg and Harvard Business School. The agency says its experience representing 350-plus global brands gives its team the sector knowledge, media relationships and narrative judgement required to position founders credibly in competitive business, technology and finance conversations.
With operations anchored in London and Dubai and a growing presence among U.S. customers, the agency plans to continue strengthening its international media network and sector expertise while retaining the specialist knowledge and execution led approach that built its reputation.
“This is more than a visual rebrand,” Than added. “It is a clearer expression of the business we have built: international, specialist and focused on turning attention into measurable momentum for our clients.”
About Genius PR
Genius PR is an international crypto and AI PR agency operating between London and Dubai, with a growing customer base in the United States. Having represented more than 350 global brands, Genius PR supports companies and leaders across crypto, Web3, artificial intelligence, institutional finance, prediction markets and other innovation led sectors. The agency also provides specialist O-1 and EB-1A visa PR and press evidence support for entrepreneurs, working in coordination with licensed immigration attorneys. Its services span strategic public relations, media relations, narrative development, multi channel distribution, SEO and generative engine optimisation, and go to market advisory.
For more information, visit https://geniuspr.com
Disclaimer
Genius PR is a public relations firm, not a law firm. It does not provide legal advice, determine whether a petitioner satisfies a visa criterion or guarantee any immigration outcome. Press evidence is one component of a broader petition assessed by U.S. Citizenship and Immigration Services, and all legal strategy should be directed by qualified immigration counsel.
Media Contact:

Kim Than
Genius PR
kim@theprgenius.com
geniuspr.com

Palo Alto, California (PinionNewswire)
RWAperp has launched the first perpetuals venue on X Layer, the Ethereum layer 2 developed by OKX, opening with 19 markets spanning equities, indices, commodities and crypto, all settled in USDG from a single account.
The venue arrives as equity perpetuals become the fastest-growing category in crypto derivatives. Stock perpetual futures volume on centralised exchanges reached $665.42 billion in August, 56 times January’s level, concentrated heavily in semiconductor and memory names. RWAperp’s opening slate targets that demand directly, listing SK Hynix, Samsung Electronics, SanDisk, Micron and Intel alongside a DRAM index built to track memory pricing itself.
X Layer hosts Aave and Uniswap and passed $100 million in DeFi total value locked in August, now sitting at roughly $113 million with more than $2 billion in stablecoin supply. Until now it has had no derivatives venue.
Agent Mode
RWAperp’s principal product departure is Agent mode, an AI layer that opens, manages and closes positions from natural language instruction. Traders describe intent rather than operating an order ticket, and the agent handles sizing, entry and position management against it. The venue also runs a conventional order-book terminal for traders who prefer manual execution.
Underneath both sits a composite multi-issuer oracle and a risk engine built specifically for equities rather than adapted from crypto. Equity markets close, gap overnight, halt on news and undergo corporate actions, none of which crypto-native perpetuals infrastructure is designed to handle. RWAperp’s engine accounts for all four.
“Every equity perpetuals venue trading today is crypto infrastructure with stocks bolted onto it. That holds up until a stock halts mid-session, or gaps overnight, or announces a split. We built the risk engine for equities first and crypto second, and I think within a year the venues that did it the other way round will be rewriting their liquidation logic in public.” said @hurringtonXYZ, COO of RWAperp.
Markets at launch: BTC, ETH and SOL; SK Hynix, Samsung Electronics, Micron, SanDisk, SPCX, Intel, Tesla, AMD, Meta and Nvidia; the S&P 500 and a DRAM index; and gold, silver and WTI crude. All positions are collateralised and settled in USDC, with no brokerage onboarding, local custody or currency conversion.
The venue is backed by a $2 million round at a $50 million valuation, with investors like Brad Bao, co-founder of Lime; Tim Shi, co-founder of Cresta AI; Phil Duan of Tesla’s Autopilot team; William Freiberg of Crux; and Charles Ferguson, alongside scouts from a16z and Sequoia.
About RWAperp
RWAperp is an onchain perpetuals venue for global equity markets, built for the assets other platforms do not list. Traders access Korean, US and international equities alongside indices, commodities and crypto from a single USDC account, with no brokerage onboarding, local custody or currency conversion. The platform pairs a professional order-book terminal with Agent mode, an AI layer that executes and manages positions from natural language instructions, and runs on a composite multi-issuer oracle and an equity-grade risk engine built to handle overnight gaps, trading halts and corporate actions. RWAperp is live on X Layer.
You can learn more at rwaperp.xyz

Inilunsad ng Binance ang options trading sa higit sa 1,000 US stocks at exchange-traded funds para sa mga kwalipikadong user sa labas ng United States, na nagpapalawak sa tradisyunal-finance product suite nito gamit ang mga kontratang physically settled.
Ang pag-aalok ay tumatakbo sa pamamagitan ng Binance na broker-dealer na regulado sa Abu Dhabi, ang Nest Trading, habang ang US-registered na Alpaca Securities ang humahawak sa pag-execute ng mga order, clearing, settlement at custody.
Ang paglulunsad ay pinalalawak ang umiiral nitong equities platform ng Binance, na nagbibigay ng access sa higit sa 7,000 US stocks at ETFs sa pamamagitan ng iisang Binance account.

Isu libuyele emakethe ye-Bitcoin ngokuthenga okungu-$370 million, kuphelisa ukumiswa okungaba izinyanga ezimbili ekuthengweni kwe-BTC okwenziwa izinkampani.
Inkampani ibuyile i-Bitcoin ezingu-4,603 ngenani elimaphakathi lika-$80,318, okwenze ukuthi imali eliyiphethe ifinyelele ku-845,050 BTC, ngokusho kokufakwa kwangeMsombuluko kwe-8-K ku-U.S. Securities and Exchange Commission.
Ukuthenga kumaka ukuthengwa kokuqala kwe-Bitcoin ngumholi omkhulu wezinkampani ophethe i-BTC kusukela maphakathi no-June, futhi kwenzeka ngesikhathi esifanayo lapho i-Strategy yakha izinqolobane zemali futhi ibuyisela izabelo zayo ezikhethwayo ze-STRC.

Miami, FL (PinionNewswire)
Ang bagong seksyong Mga Kasosyo ay pinagsasama ang data ng provider, impormasyon sa operasyon, at feedback ng komunidad para makapagsaliksik ka ng crypto service bago mo ipadalaX ang iyong mga pondo.
Maaari kang makahanap ng mas magandang exchange rate pero mas mababa pa rin ang matatanggap na halaga kaysa sa inaasahan. Sa isang one-month na pag-aaral ng 150,000 completed swaps, natuklasan ng Bitcoin.com Research ang mga pagkakaiba sa execution time na hanggang 45x sa pagitan ng mga non-custodial provider. Sa isang scenario na $1,000 USDT-to-ETH, ang 45-minutong execution ay nagdulot ng $160 na nawalang halaga, kumpara sa $5 kapag ang swap ay natapos sa loob ng isang minuto.

Ipinahayag ng Polygon Labs na dalawang kamakailang hard forks ang tahimik na tumugon sa mga kahinaan sa seguridad na nakakaapekto sa proof-of-stake network nito bago pa man nailabas sa publiko ang mga isyu.
Dinisenyo ang Austin hard fork sa Polygon’s Bor client at ang Kyoto hard fork sa Heimdall client nito para alisin ang denial-of-service at mga panganib na may kinalaman sa konsensus. Sinabi ng Polygon na walang ebidensya na may alinman sa mga kahinaan na nasamantala sa mainnet.
Ipinapakita ng pagbubunyag ang madalas hindi napapansin na bahagi ng seguridad sa blockchain: ang ilan sa pinakamahalagang network upgrades ay nangyayari nang walang paunang publisidad dahil ang pagsisiwalat ng kahinaan nang masyadong maaga ay maaaring magpataas ng panganib ng pagsasamantala.

វ៉ាលីដាទ័ររបស់ Solana ទើបតែបានអនុម័តយ៉ាងជិតខាង SGP-0002 ដែលជាសំណើមួយនឹងពន្លឿនអត្រាកាត់បន្ថយអតិផរណាប្រចាំឆ្នាំរបស់បណ្តាញ ពី 15% ទៅ 30%។
សំណើនេះឆ្លងកាត់តម្រូវការត្រូវការការគាំទ្រ supermajority ពីរភាគបី ដោយតែ 0.33 ពិន្ទុភាគរយ បន្ទាប់ពី Kraken បានបង្វែរសំលេងភាគច្រើនរបស់ខ្លួនពីការប្រឆាំងទៅគាំទ្រ ភ្លាមៗមុនពេលផុតកំណត់។
លទ្ធផលផ្លាស់ប្តូរតារាងរូបិយវត្ថុរបស់ Solana ខណៈរក្សាគោលដៅអតិផរណារយៈពេលវែងនៅដដែល 1.5%។
លទ្ធផល Governance ដែលស្តើងខ្លាំង
ទិន្នន័យ governance ចុងក្រោយបង្ហាញថា SGP-0002 ទទួលបានការគាំទ្រ 67% បើធៀបនឹង 25.16% ប្រឆាំង និង 7.84% ងាកចេញ (abstentions)។

PALO ALTO, Calif.
Samtang ang mga global financial market nagpadayon sa pag-atubang sa nagbag-o nga kahimtang sa ekonomiya, inobasyong teknolohiya, mga kalamboan sa geopolitics, ug nag-uswag nga pamatasan sa merkado, ang EverForward Trading nagpadayon sa paghatag og pagtagad sa proprietary research, disciplinadong pagpatuman, ug data-driven nga paghimo og desisyon sa tibuok kalibutang liquid nga mga merkado.
Ang EverForward Trading usa ka pribado nga proprietary trading firm nga nakatalaga eksklusibo sa pag-trade sa kaugalingon nitong kapital. Ang kompaniya nagahimo og internal nga market research ug nagpalambo og proprietary trading strategies, systems, algorithms, analytical frameworks, ug risk-management methodologies alang ra sa kaugalingong trading activities niini.

Papunta ang Bitcoin sa pangunahing derivatives settlement ng Biyernes, habang ang market ay nasa pagitan ng dalawang malapit na binabantayang options strikes: $75,000 at $80,000.
Humigit-kumulang 81,700 BTC options na nagkakahalaga ng nasa $6.4 bilyon ang naka-schedule na mag-expire sa Deribit sa 08:00 UTC sa Agosto 28, na posibleng gawing mahalagang reference points ang dalawang level para sa panandaliang positioning ng market.
Bitcoin options expiry: $75,000 at $80,000 ang nasa focus
Batay sa refreshed Deribit BTC options data, ang reference price ng Bitcoin ay nasa humigit-kumulang $78,514 sa panahon ng research window.

Sphere 3D ອາດຈະຕ້ອງປະເຊີນພາສີສຸນຄ້າຂອງສະຫະລັດເພີ່ມອີກປະມານ 2.2 ລ້ານໂດລາ ທີ່ຜູກພັນກັບອຸປະກອນການຂຸດ Bitcoin ທີ່ຊື້ໃນປີ 2022, ເປັນໜີ້ສິນທີ່ອາດຈະກວມສ່ວນຫຼາຍຂອງເງິນສົດທີ່ບໍລິສັດມີຢູ່.
ການຮ້ອງຮຽນດັ່ງກ່າວ ທີ່ບໍ່ລວມດອກເບ້ຍຕາມກົດໝາຍ ມີຕົ້ນຕໍຈາກຂໍ້ພິພາດກັບ U.S. Customs and Border Protection (CBP) ກ່ຽວກັບທີ່ມາຂອງຄົນຂຸດທີ່ຖືກນຳເຂົ້າໂດຍບໍລິສັດຍ່ອຍທີ່ຖືກຖືກເປັນເຈົ້າຂອງໃນປັດຈຸບັນໂດຍ Sphere 3D
ບໍລິສັດໄດ້ເປີດເຜີຍໜີ້ສິນທີ່ອາດເກີດໃນແຈ້ງການວັນທີ 24 ສິງຫາ ໂດຍໃຫ້ເຫດຜົນວ່າທ່າທີຂອງ CBP ບໍ່ມີຄວາມສົມເຫດອັນໃດ ແລະກ່າວວ່າຕົນຈະຕໍ່ສູ້ການປະເມີນ

PALO ALTO, Calif.
Shazir Mucklai መṭhumis wa Mutu መመስረቺ እና ማናጀር ልቦል ማለት ነው የ Imperium AI ኩባንያን፣ ለንግዶች፣ ለፈጣሪዎች፣ እና ለፈጠራ ተጠቃሚዎች ዜና ውስጥ በነፃ እንዲታዩ የሚያግዝ ማህበራዊ ኔትወርክ ነው። መድረኩ በቀላል ሀሳብ ተመስርቷል፡ ትንንሽ ንግዶች እና በብቃት የሚሰሩ ፈጣሪዎች መጠናቸው፣ በጀታቸው ወይም ነባር የሚዲያ ግንኙነቶች እንዳሉ ቢሆንም ሊታዩ እና ድምጻቸው እንዲሰማ እኩል እድል እንዲኖራቸው። Mucklai እስከ አንድ ቢሊዮን ተጠቃሚዎች በዓለም ዙሪያ ለመድረስ የተሳሰበ ረጅም ጊዜ ግብ ያለው Imperium AI እየገነባ ነው። ኩባንያው በየቀኑ ፈጣን የተጠቃሚ እድገት እያጋጠመ መሆኑን ይናገራል—የበለጠ ሰዎች ወደ መድረኩ በመግባት ይዘት ለማተም፣ በመስመር ላይ መገኘታቸውን ለመገንባት እና የበለጠ ሰፊ የሚዲያ ታይነት ለማግኘት ሲፈልጉ ስለሚሆን።

Ang Binance Coin (BNB) ay nananatili sa itaas ng $700 level; isang malaking whale position, isang paparating na network upgrade, at nagbabagong market momentum ang nagbigay muli ng pansin sa kakayahan ng token na mapanatili ang kamakailang breakout nito.
Iniulat na ang isang balyena ay naglaan ng higit sa $8.5 milyon para sa isang leveraged BNB strategy gamit ang Venus Protocol, habang ang BNB ecosystem ay naghahanda para sa Pasteur Hardfork. Sama-sama, ang mga pagbabagong ito ay nagdagdag pa ng isa pang antas sa isang setup na malapit na ring sinusubaybayan.
Bumubuo ang balyena ng $8.5M na posisyon sa BNB

UTether ushiye ukusebenza kokumba i-Bitcoin e-Uruguay ngemuva kwengxabano ende nenkampani kagesi ephethwe nguhulumeni yezwe mayelana nomthamo kagesi, kuphetha iphrojekthi eyayake yabonakala njengendawo engaba yokuqalisa yokuqala yokwandisa ukumba kweNingizimu Melika okubanzi kwenkampani.
Ingxabano ibandakanya amasayithi amabili okumba e-Florida, e-Uruguay, futhi igxile ekutheni uTether ubengakanani ugesi inkampani yakhe yasekhaya, iMicrofin, ayenelungelo lokuwuthola ngaphansi kwesivumelwano sayo ne-UTE.
I-Block ibike ngokuthuthukiswa ngo-Agasti 23.

Beverly Hills, CA
Nakikita ng CEO ng Imperium AI na si Shazir Mucklai ang Isang Futuristic na “Mr. at Mrs. Smith” Reunion para kina Brad Pitt at Angelina Jolie
Ang CEO, founder at filmmaker ng Imperium AI na si Shazir Mucklai ay may Hollywood reunion na gusto niyang makita: ang pagbabalik nina Brad Pitt at Angelina Jolie sa screen nang magkasama para sa isang futuristic na bagong bersyon na inspirasyon ng Mr. at Mrs. Smith.
Higit sa dalawang dekada matapos maging pop-culture phenomenon ang 2005 na action-comedy, naniniwala si Mucklai na mabibighani ang mga manonood sa makitang muli nina Pitt at Jolie na nagbabahagi ng screen—sa pagkakataong ito, sa isang kuwentong dinisenyo para sa bagong teknolohikal na panahon.

Ipinahihiwatig ng konsepto ang isang bagong global superhero universe na pinagsasama ang Hollywood-scale na aksyon sa Bollywood storytelling, musika at spectacle, na nakikita ang Yash Raj Films bilang posibleng production collaborator
LOS ANGELES — Agosto 21, 2026 — Si Shazir Mucklai, CEO at founder ng Imperium AI at filmmaker, ay nagde-develop ng isang iminungkahing internasyonal na konsepto ng superhero film na idinisenyo para pagsamahin ang sukat ng isang pangunahing ensemble superhero franchise sa pagkukuwento, musika, romansa at visual spectacle na nauugnay sa Bollywood.

PALO ALTO, Calif.
Imperium AI ၏ CEO နှင့် တည်ထောင်သူ Shazir Mucklai နှင့် ရုပ်ရှင်ဒါရိုက်တာတစ်ဦးသည် ဟောလိဝုဒ် nostalgia၊ ဟာသနှင့် pop culture တို့ကို အခြေပြုသော အချစ်ဟာသ-romantic-comedy-inspired ဗီဒီယိုအသစ်တစ်ခုတွင် Jennifer Lopez နှင့် Ben Affleck တို့ကို မျက်နှာပြင်ပေါ်တွင် တစ်ခါတည်း အတူတကွ ထားနိုင်ရန် ရည်ရွယ်သည့် အဆိုပြုဖျော်ဖြေရေး ပရောဂျက်တစ်ခုကို တီထွင်လျက်ရှိသည်။ သီးခြားစွာ စိတ်ကူးယဉ်တီထွင်ထားသည့် အဆိုပါ ပရောဂျက်သည် လက်ရှိတွင် အစောပိုင်း ဖွံ့ဖြိုးရေးနှင့် အဆိုပြုရေးအဆင့်တွင်သာရှိပြီး Lopez၊ Affleck သို့မဟုတ် ၎င်းတို့အသီးသီး၏ ကိုယ်စားလှယ်များက အကြောင်းကြားထုတ်ပြန်ခြင်း၊ အတည်ပြုခြင်း၊ ထောက်ခံခြင်း သို့မဟုတ် သဘောတူခြင်းများ မပြုလုပ်ထားသေးပေ။

Bitcoin surged above $75,500, marking its strongest level in more than three months, as a wave of short liquidations amplified a rally triggered by improving liquidity expectations and several U.S. crypto-policy developments.
According to The Block’s Bitcoin price page, BTC was trading around $75,560, up more than 8.9% over 24 hours in the reported move.
The speed of the advance, however, has raised questions about how much of the rally reflects genuine spot demand and how much came from traders being forced out of bearish positions.
Treasury announcement becomes the catalyst
The immediate catalyst was a U.S. Treasury Department announcement to at least double the size of liquidity-support buyback operations for longer-dated nominal coupon securities in the 10- to 30-year segment.
The move was accompanied by other positive developments, including the SEC’s latest crypto proposal and a White House meeting involving President Donald Trump and prominent crypto executives.
Together, the developments created a sharp shift in market sentiment.
Bitcoin’s move was particularly violent in derivatives markets. More than $2.75 billion in Bitcoin short positions were liquidated on Wednesday, according to the reported data.
The forced buying did not stop there. During the following 24-hour period, $783.2 million in Bitcoin positions were liquidated, with $747.7 million coming from shorts, according to CoinGlass.
Why the short squeeze matters
Short liquidations can accelerate an existing rally because traders betting against an asset are forced to buy it back when their positions are closed.
That creates additional demand independent of whether new investors are entering the market.
This dynamic appears central to Bitcoin’s latest move. The size of the liquidation wave suggests positioning was heavily skewed toward the bearish side before the Treasury announcement.
That means the policy news may have acted less as a fundamental transformation and more as a trigger that forced an already-crowded trade to unwind rapidly.
Analyst calls Bitcoin’s move “premature”
Shawn Young, chief analyst at MEXC Research, argued that the market may have assigned too much significance to the Treasury announcement.
Young said the Treasury intervention created a “pressure valve,” while crypto markets interpreted the move as something closer to a fundamental regime shift.
His argument centers on competition for capital. Even with improved liquidity conditions, Treasuries continue to compete for investment capital that could otherwise flow into risk assets such as Bitcoin.
The scale of the short squeeze also supports his interpretation. If positioning was already heavily concentrated on the bearish side, the announcement had a ready-made mechanism for producing a large upside move.
Young therefore described Bitcoin’s push above $70,000 as “premature.”
The rally now faces a different test
The market’s next challenge is different from the one it faced during the initial breakout.
Dominick John, an analyst at Zeus Research, said the liquidation of short positions could continue supporting prices temporarily, but that forced buying is a finite source of demand.
Once the leveraged shorts have been removed, Bitcoin needs fresh capital and genuine spot demand to maintain the momentum.
That distinction is important for understanding the current rally. A short squeeze can produce an exceptionally fast move, but sustaining that move requires participants who are willing to buy without being forced by liquidations.
John said the key question is whether new capital enters the market and transforms the squeeze into a sustained move.
Crypto sentiment is recovering
Despite the concerns over positioning, broader sentiment has improved substantially.
The Bitcoin Fear & Greed Index reached 62, putting the market firmly in Greed territory and marking its highest level since October 2025, when Bitcoin last reached an all-time high.
That shift suggests traders are becoming more comfortable with risk after a period of weaker summer activity.
John described the broader crypto market as emerging from its summer apathy, pointing to improving sentiment, tighter supply and stronger fundamentals.
However, sentiment indicators can also change quickly following sharp price moves. The current reading therefore provides evidence of improving confidence, rather than confirmation that the rally will continue.
The Clarity Act remains a potential catalyst
Beyond the immediate liquidity and derivatives-driven move, analysts are also watching U.S. crypto legislation.
John identified the potential passage of the Clarity Act in September as a major catalyst that could potentially transform the current short-squeeze rally into broader market growth.
That would provide a fundamentally different source of momentum than forced short covering.
For Bitcoin and the wider digital-asset market, the distinction between temporary positioning-driven demand and sustained capital allocation could become increasingly important as the initial liquidation wave fades.
What Bitcoin needs to prove next
Bitcoin’s move above $75,500 has changed the market’s short-term structure, but the rally now enters a more demanding phase.
With hundreds of millions of dollars in short positions already liquidated, one of the strongest mechanical sources of buying pressure has been reduced.
The next phase will therefore depend more heavily on spot-market participation, liquidity conditions, macroeconomic developments and broader investor risk appetite.
The current rally may ultimately prove to be the beginning of a broader recovery, but the strength of that thesis will depend on whether Bitcoin can attract demand beyond leveraged traders.
For now, the data tells a mixed story: Bitcoin has broken sharply higher, sentiment has moved into Greed, and liquidity expectations have improved, but a substantial portion of the move has been amplified by forced short covering.
That makes the transition from a short squeeze to sustained spot demand the central question facing the market.
This post was originally published on CryptosNewss.com
#BTCSurpasses$72000 #btc70k $BTC

Ang on-chain market ng XRP ay nagpapakita ng kapansin-pansing pagbabago sa kung kailan nagaganap ang trading activity. Sinasabi ng Evernorth na 23.5% ng weekday XRP on-chain volume noong Hulyo ay na-concentrate sa pagitan ng 1 p.m. at 4 p.m. UTC, mas mataas nang malaki kumpara sa 14.3% noong parehong panahon isang taon na ang nakalipas.
Ang timing ay sumasabay sa hapon ng London at sa umagang trading hours ng New York—isa sa mga pinaka-liquid na panahon sa global financial markets.
Kapansin-pansin ang paglipat dahil ang konsentrasyon ay hindi lang nakakulong sa isang trading mechanism. Sinabi ng Evernorth na lumitaw ang parehong pattern sa mga order book ng XRP Ledger, mga automated market maker pool, at mga cross-currency payment route.

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