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Bitcoin’s $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled

Coins Legend August 20, 2026 0

Bitcoin’s sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Bitcoin Rally and Consolidation After falling just short of hitting $70,000 on reports that the U.S. Treasury is doubling bond

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Cash App Adds XRP, SOL and ETH via Moonpay for 59M Users

Coins Legend August 20, 2026 0

Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app’s 59 million users access to tokens that Block has never listed directly on its own platform. A Major Expansion for Cash App’s Crypto Lineup Cash App has integrated Cash App Pay as a funding method […]

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Kalshi Seeks CFTC Nod for Perpetual Bets on 500 Shares and Copper

Coins Legend August 20, 2026 0

Kalshi has asked the Commodity Futures Trading Commission (CFTC) to approve perpetual futures tied to a U.S. large-cap stock index and the price of copper, extending its push from prediction markets into mainstream financial products. The two Aug. 18 filings seek permission to list the US500 and COPPERPERP contracts. KalshiEX LLC is a CFTC-registered designated […]

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ZEC, SOL, and XRP Rally as Ethereum Breaches $2,000

Coins Legend August 20, 2026 0

Ethereum broke above $2,000 for the first time in over two months, peaking at $2,112 following a U.S. Treasury announcement to double bond buybacks to $4 billion. Analyst Predicts End of Bear Market if Key Levels Hold On Wednesday, ethereum (ETH) breached the $2,000 mark for the first time in more than two months, surging […]

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Scaramucci Backs BTC Above $100K as Bear Phase Nears End

Coins Legend August 20, 2026 0

Skybridge Capital CEO Anthony Scaramucci remains confident that bitcoin will surge past $100,000, arguing that the supply cuts from the halving cycle will drive the next major breakout. Bold Scaramucci Thesis: $100K Bitcoin Ahead Skybridge Capital founder and CEO Anthony Scaramucci remains steadfastly bullish on bitcoin, even as the flagship token endures its narrowest

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Bitcoin Whale From 2012 Suddenly Moves $13.7M After 14 Years

Coins Legend August 19, 2026 0

Amid August’s wave of dormant bitcoin suddenly waking up after the Coldcard exploit, a relic from 2012 joined the action, moving 212 BTC worth $13.72 million after sitting untouched for more than 14 years. Vintage BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for […]

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Winklevoss-Backed Cypherpunk Seizes 18% of Total Zcash Hashrate

Coins Legend August 19, 2026 0

On Tuesday, Cypherpunk Technologies disclosed that it has launched a U.S.-based zcash (ZEC) mining fleet with about 4.2 GSol/s of computing power after completing a $33.33 million equity transaction with Winklevoss Capital. The Nasdaq-listed privacy technology company said the fleet is already operating and represents roughly 18% of the Zcash network’s total computing

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BTC Hits $65,000 as $56M Short Squeeze Punishes Bearish Traders

Coins Legend August 19, 2026 0

Bitcoin briefly reached $65,000 on Tuesday morning, gaining 0.5% daily and over 2% weekly to push its market cap near $1.3 trillion. Bitcoin Rebounds Bitcoin briefly tapped $65,000 on Tuesday even as geopolitical tensions in the Middle East entered a critical phase following the expiration of the 60-day memorandum of understanding between the U.S. and […]

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SEC Proposes New Crypto Rules With a $75 Million Offering Path

Coins Legend August 19, 2026 0

The SEC proposed specialized exemptions for certain crypto investment contracts, including a pathway for offerings reaching $75 million annually. The plan also introduces a conditional safe harbor and federal disclosure requirements. SEC Sets Two Exempt Offering Routes The Securities and Exchange Commission (SEC) announced Aug. 18 that Regulation Crypto Assets would create

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Schiff Says Bitcoin Faces Key $65K Resistance Test, Expected Major Selloffs

Coins Legend August 19, 2026 0

Bitcoin skeptic Peter Schiff says he isn’t sure why bitcoin didn’t sell off recently amidst the burgeoning volatility, pointing to $65,000 as the resistance level traders are watching most closely this week. Schiff’s Latest Bitcoin Puzzle Peter Schiff, the gold-bull economist and longtime bitcoin critic, is once again puzzling over the network’s refusal to crack […]