DeepNewz

Markets
Ethereum Hits Record, $350 Million in Shorts Liquidated
Ethereum surged past its November 2021 peak of $4,878 on 22 August, setting a new all-time high and triggering the heaviest forced covering of short positions in the token’s history

Markets
Ethereum Breaks 2021 Record, Edges Toward $5,000 Milestone
Ether, the native token of the Ethereum blockchain, climbed past its November 2021 peak of about $4,891 on Friday, setting a new all-time high of just over $4,900, according to price quotes cited by traders on digital-asset platforms

Markets
China Renaissance Puts US$100 Million Into Binance Coin
China Renaissance, a Hong Kong-listed investment bank, has signed a strategic cooperation memorandum with digital-asset advisory firm YZi Labs and committed about US$100 million to acquire Binance Coin (BNB)

Markets
BlackRock's Bitcoin ETF Holds 781,000 BTC, Surpassing Exchanges; Strategy Leads Corporate Holders with 629,000 BTC
Strategy, led by Michael Saylor, remains the largest corporate Bitcoin holder with over 629,000 BTC, having adopted the Bitcoin Standard five years ago and outperforming all major asset classes and the Magnificent 7 stocks since

Markets
Ethereum Hits Record $4,880 After 15% Intraday Rally
Ether, the native token of the Ethereum blockchain, surged more than 15% on Thursday, climbing to a record intraday high of about $4,880

Markets
Ethereum Jumps About 11% to Record $4,880
Ether, the native token of the Ethereum blockchain, surged to an all-time high of about $4,880 on Aug

TradFi & Fintech
Bitwise Executes First In-Kind Creation for a Spot Bitcoin ETF
Bitwise Asset Management said it has completed the industry’s first in-kind creation and redemption for a spot Bitcoin exchange-traded fund, allowing an authorised participant to deliver Bitcoin directly in exchange for ETF shares rather than settling the trade in cash

Markets
Eric Trump Says Mystery Nation Bought $22 Billion in Bitcoin, Predicts $1 Million Price
Speaking at the SALT Wyoming Blockchain Symposium, American Bitcoin co-founder Eric Trump said he now spends "more than 50%" of his time on crypto and is convinced the token’s price will "hit one million bucks," reiterating a long-term bullish outlook for the asset class

DeFi
Aave Expands to Aptos in First Move Off Ethereum
Decentralized lending giant Aave has deployed on the Aptos blockchain, its first expansion beyond Ethereum-compatible networks

Markets
Bitcoin Jumps to $116,000 as Powell Hints at Fed Rate Cut
Federal Reserve Chair Jerome Powell signalled the US central bank may soon pivot toward easier monetary policy, telling the Jackson Hole Economic Policy Symposium that "the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance





