Bitcoin (BTC) has risen about 26% from its mid-August low after a short-liquidation event accelerated the rebound. Glassnode said the August 19 move produced the largest one-day liquidation event since 2019. Short positions accounted for most of the liquidations across the major centralized exchanges. The actual total was likely higher because the dataset excludes Hyperliquid.…
Better Mortgage and Coinbase announced on Aug. 26 that Better’s token-backed conforming mortgage had reached general availability. Better’s product page says interested borrowers can start an application. The structure does not use Bitcoin to secure the primary mortgage. Instead, a homebuyer takes two loans from Better: a standard first mortgage on the home designed to…
Bitcoin’s gradual price recovery after Friday’s dip below $77,000 continues into the weekend, with the asset barely moving past $78,000 today. Most larger-cap alts have posted minor gains as well, but ETH remains below $2,500, BNB is still beneath $700, and XRP keeps fighting for $1.40. BTC Taps $78K The price explosion that took place…
With the eighth month of the year almost behind us, it’s worth exploring what really took place as it turned out to be among the most eventful ones, especially when it comes to price pumps. Ripple’s XRP was no exception as it rode the mid-month wave hard, surging from $1.00 to $1.70 within days before…