Author: John Smith

Bitcoin price surged past $68,000 late Wednesday as a break above crowded liquidation levels forced short sellers to buy back positions, turning a gradual recovery into a one-minute price spike of roughly 4%. Summary Bitcoin price jumped from below $65,000 to a high near $69,500 before settling around $68,500. More than $1 billion in crypto shorts were reportedly liquidated within one hour. The breakout cleared a 4-hour double-bottom neckline near $65,400. Bitcoin now faces daily resistance between $69,000 and $70,000 after its RSI entered overbought territory. Market analyst Daan Crypto Trades said in an Aug. 19 X post that Bitcoin…

A sophisticated exploit targeting Maya Protocol, a leading cross-chain decentralized exchange, forced the platform to freeze all activity on Wednesday after an attacker walked away with an estimated $1.7 million in digital assets. As per reports, pseudonymous co-founder Aalux confirmed the attacker made off with approximately 20 Bitcoin, worth roughly $1.4 million at the time, plus an additional $300,000 in other assets before the team managed to trigger a network-wide halt and stop the bleeding. Engineers at Maya Protocol have since shifted into damage-control mode, working on fixes needed before swap functionality can safely resume. A preliminary technical writeup shared…

Geo founder Yaniv Tal has identified four weaknesses in online information that he says make AI answers unreliable: lost provenance, flattened authority, hidden disagreement, and repeated model-generated errors. Summary Geo separates claims, sources, and supporting evidence inside community-governed knowledge Spaces. Tal says human judgment can help rank credible reasoning without removing competing views. A Nature study found that repeated training on synthetic material can cause model collapse. NIST recommends tracking training sources and incorporating expert human feedback into AI systems. Geo founder Yaniv Tal told crypto.news that unreliable AI answers often begin with the material models receive, arguing that the…

Bitcoin has triggered eight of VanEck’s 12 capitulation signals after falling 49% from its peak, although the firm’s historical data has shown no return advantage within six months. Summary Eight of VanEck’s 12 capitulation indicators remain active, while all 12 fired during the past three months. Bitcoin averaged 12.8% returns after 90 days when eight to 12 signals were active. VanEck placed the next possible accumulation period between September and November. U.S. spot Bitcoin products received $663 million after losing about $2.4 billion the previous month. VanEck said in its mid-August Bitcoin ChainCheck that the active signals place Bitcoin in…

Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers. Summary The $1 billion facility will direct part of USDe’s backing assets into secured institutional loans. FalconX will originate and service the loans through a special purpose vehicle. Qualified custodians will hold collateral valued above each borrower’s outstanding loan. Institutional lending accounted for $310 million, or 6.9%, of USDe backing in early July. How the $1 billion USDe facility will work FalconX and Ethena said the warehouse financing arrangement will give FalconX capital to extend secured…

Bitway price pulled back after briefly reaching a record high near $0.775 on Aug. 19, but strong capital inflows and a bullish trend structure suggest buyers have not yet lost control. Summary Bitway price rose nearly 250% from its recent lows before peaking near $0.775. BTW retreated about 18% from the record high as traders booked profits. Daily RSI reached 87.45, placing the token deep inside overbought territory. 4-hour support near $0.50 could determine whether the rally remains intact. Bitway price cools after reaching a record high According to data from crypto.news, Bitway (BTW) price traded near $0.63 at the…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP does not support native staking, but lending platforms such as LendProtocol offer an alternative through fixed-rate XRP and RLUSD deposits. Summary XRP cannot be staked on the XRP Ledger, but holders can explore lending options such as LendProtocol for potential yield. Unlike proof-of-stake networks, XRP offers no native staking rewards, leaving lending as an alternative for holders seeking passive income. XRP uses a non-staking consensus model, while LendProtocol offers a fixed-rate lending option for holders seeking returns on…

Visa is reportedly seeking a new stablecoin settlement and over the counter partner after Mastercard acquired BVNK, which previously filled that role. Summary Visa reportedly seeks a stablecoin settlement partner licensed across the U.S., Canada, U.K. and Singapore. The confidential request reportedly requires multiple coin swaps, settlement services and support for Open USD transactions. Mastercard completed its BVNK acquisition on August 3, absorbing Visa’s previous stablecoin infrastructure partner entirely. Visa’s separate ZeroHash agreement supports stablecoin payouts but does not cover every requested licensed market. Visa has not confirmed the RFP, identified candidates or announced a partner selection deadline publicly. The…

Interlace has opened an office in Brazil and assembled a local team as the stablecoin infrastructure company expands its payment and digital asset operations across Latin America. Summary Interlace has opened an office in Brazil and assembled a local team led by country manager Guilherme Santos. The company plans to support financial institutions, cross-border trade platforms and digital asset businesses through its payment infrastructure. Interlace recently attended Blockchain.RIO, where Santos discussed stablecoin payments, digital assets and financial infrastructure. The company will next attend the Argentina Crecimiento LATAM Digital Assets Conference from Aug. 20 to Aug. 21. Interlace said the Brazil…

Solana Policy Institute CEO Miller Whitehouse-Levine said on Aug. 18 that the CLARITY Act has only a 10% chance of becoming law before the November midterm elections. Summary Solana Policy Institute CEO Miller Whitehouse-Levine assigns the Clarity Act 10% odds before November’s midterms. Senate leaders scheduled a cloture vote on proceeding to the bill for September 15 afternoon. Polymarket currently prices 2026 passage near 20%, with trading volume exceeding $7.2 million in total. The procedural vote would begin Senate consideration and would not constitute final passage of legislation. SEC proposed separate crypto offering rules while Congress continues debating broader digital…