Bitcoin continued its rise on Friday, having its best week since 2023 as over $1 billion in shortsellers’ positions got ruined and exchange-traded funds received billions in new cash. The leading cryptocurrency on Friday was recently trading 23% higher over a seven-day period after flying past $77,542. It earlier in the day reached as high
Strategy’s STRC preferred stock has remained below its $100 stated value at $95.31 despite Bitcoin’s rally to about $77,125, prompting Multicoin Capital co-founder Tushar Jain to argue that its 12% dividend does not adequately cover the risk of another deep drawdown. Summary STRC traded at $95.31 on Aug. 21 after falling to $71.25 in June.
South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token trials involving nine banks. Summary About 3,500 listed companies and professional investors are eligible for South Korea’s corporate crypto pilot. Tokenized-securities laws were passed in January and will take effect in February 2027.
When will Bitcoin hit $100K again is what many investors are asking right now. Bitcoin is trading today for around $62,800, about half of its all-time high of approximately $126,200 reached in October 2025. For a cryptocurrency that approached six figures less than a year ago, the path back to $100,000 now appears significantly longer
The Sandbox has contained a cross-chain bridge vulnerability that allowed an attacker to mint unbacked SAND on Base and BNB Smart Chain, with the project estimating the direct impact at less than 0.01% of the token’s 3 billion supply. Summary The attacker minted unbacked SAND on Base and BNB Smart Chain through compromised bridge permissions.
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF. Source link
The NFT market recorded $95.48 million in sales over the past seven days, rising 170% as a single $55.03 million transaction involving the hybrid NFT project Pandora accounted for most of the increase. Summary NFT sales rose 170% to $95.48 million, while transactions increased 7.5% to 962,992. Buyer addresses climbed 49% to 172,739, as seller
In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY Act, and the SEC proposed new crypto offering exemptions covering raises of up to $75 million. Summary Bitcoin crossed $72,000 as more than
Bitcoin.com Wallet app users can now hold, send, swap, and buy TRX, USDT and other tokens on the Tron network directly inside the app. No new download, no separate wallet. Just open the Bitcoin.com Wallet and enable Tron to get started. Why Tron, and why now Tron has become one of the most widely used networks for
U.S.-listed spot Bitcoin and Ether ETFs have attracted $2.61 billion across five trading sessions, recording their strongest combined week since October 2025. Summary Spot Bitcoin ETFs received $1.92 billion, accounting for 73% of the combined inflows. Ether ETFs attracted $697.47 million after posting gains during all five sessions. Combined flows improved by $3.01 billion from
