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Bitcoin, Ether set for squeeze as traders go record short ETH at $4.3K
Cointelegraph.com News - 18 August 2025, 4:33 pmBitcoin and Ether draw late shorts as price action begins to target liquidation clusters after a cross-crypto price drawdown. Key points:Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins.Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group.Read moreRead More
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Funding Rates Flagged Crypto Pullback Before $400M Washout: QCP
Bitcoin News - 18 August 2025, 4:30 pmAccording to QCP’s latest Asia Colour analysis, digital asset markets faced a sharp sell-off, liquidating over $400 million in long positions as bitcoin fell from $118,000 to $115,000 and ether dropped from $4,500 to $4,300, according to analysis by QCP Capital. Pre-Jackson Hole Jitters Fuel Crypto Liquidation Event This heavy selling extends the recent drawdown,…Read More
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ETF Recap: Ether ETFs Deliver Blockbuster Week With $2.85 Billion as Bitcoin ETFs Trail Behind
Bitcoin News - 18 August 2025, 3:30 pmEther exchange-traded funds (ETFs) stole the spotlight last week with $2.85 billion in inflows, their strongest week on record. Bitcoin ETFs managed $548 million, extending their recovery but falling far short of ether’s dominance. Crypto ETF Flows Diverge As Ether Shines and Bitcoin Lags The week of Aug. 11–15 marked a turning point in the…Read More
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Ethereum sets highest weekly close in 4 years: Watch these ETH price levels
Cointelegraph.com News - 18 August 2025, 3:10 pmEthereum achieves its highest weekly close in four years, with key support between $4,000 and $4,150 and several resistance levels above. Key takeaways:ETH price hit a 4-year high weekly close at $4,475, driven by ETF inflows and high network activity.A key support zone for Ether sits between support at $4,000 and $4,150. Read moreRead More
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BGUSD vs RWUSD: Why Bitget’s Yield‑Bearing Certificate Sets a New Standard
Bitcoin News - 18 August 2025, 3:00 pmThis content is provided by a sponsor. As crypto investors seek sources of stable yield, two rising products are capturing attention: BGUSD, Bitget’s yield-bearing stable asset certificate, and RWUSD, Binance’s principal-protected yield product. While both serve users looking to earn passive income on stable assets, a closer look reveals meaningful differences in structure, flexibility, and…Read More
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Animoca’s Tower crypto surges 214%, gaming activity up in July: Web3 Gamer
Cointelegraph.com News - 18 August 2025, 2:11 pmAnimoca Brand’s gaming token TOWER grew 8X fast than Ethereum this month; gaming investment and active wallets went up in July. Web3 Gamer. A gaming crypto token created by Animoca Brands has surged 214% over the past month and caught the eye of savvy investors after the companys popular chairman, Yat Siu, gave it a…Read More
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Ethereum Price Watch: Bulls Eye $4,550 as Support Holds Steady at $4,300
Bitcoin News - 18 August 2025, 2:09 pmEthereum traded between $4,298 and $4,335 over the past hour as the broader market contends with signs of exhaustion near key resistance levels. With a market capitalization of $519 billion and a 24-hour global trade volume of $41.92 billion, ethereum continues to dominate intraday liquidity, fluctuating between $4,239 and $4,563 in the last 24 hours.…Read More
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Here’s what happened in crypto today
Cointelegraph.com News - 18 August 2025, 1:52 pmNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the NFT market cap dropped 12% to $8.1 billion as Ether’s price took a tumble, Thailand will allow tourists to use crypto for payments,…Read More
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China Merchants Bank subsidiary launches crypto exchange in Hong Kong
Cointelegraph.com News - 18 August 2025, 1:45 pmA China Merchants Bank subsidiary launched a Hong Kong-based crypto exchange for professional investors after securing a virtual asset service provider license. CMB International Securities Limited, a subsidiary of the China Merchants Bank (CMB) — one of China’s top banks — launched a cryptocurrency exchange in Hong Kong.According to a Monday CMB WeChat announcement, the…Read More
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Strategy Acquires 430 Bitcoin, Bolstering Holdings to 629,376 BTC
Bitcoin News - 18 August 2025, 1:17 pmStrategy Inc. said it acquired 430 bitcoin between Aug. 11–17, 2025, spending $51.4 million at an average price of $119,666 per BTC, bringing its total holdings to 629,376 bitcoin acquired for $46.15 billion, worth $72 billion. The purchases were funded entirely by net proceeds from recent sales of preferred shares via its at-the-market (ATM) programs.…Read More