Crypto

A massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Key Takeaways Glassnode says a historic spike in short liquidations on Aug. 19, ignited bitcoin’s rally past $80,000. Bears lost $1.74B on Aug. 19 as U.S. spot Bitcoin ETFs later absorbed over $2.2B in weekly net…

Besides organic growth and pump-and-dump schemes, there’s another increasingly popular yet malicious reason why your crypto might be skyrocketing, as price manipulation attacks have already surpassed the results for the whole of 2025. It is hurting participants in the growing crypto-backed lending market too. Key Takeaways Price manipulation attacks are accelerating, with 32 exploits already…

Robinhood Chain posted record decentralized exchange (DEX) activity at the end of August, with daily DEX volume reaching $875 million. Tokenized equities are emerging as a major source of that growth, giving DeFi venues and blockchain infrastructure a new stream of trading activity. Key Takeaways Robinhood Chain hit $875M in DEX volume on Aug. 30. Uniswap v4 drove $432M of the DEX…

Steak ‘n Shake says bitcoin payments have strengthened sales, reduced costs, and supported investment in food quality. Its strategy now extends beyond checkout to a bitcoin reserve and employee bonuses. Key Takeaways Steak ‘n Shake credits bitcoin users with stronger restaurant sales. Its parent reported 13.8% same-store sales growth in the second quarter. Hourly employees earn a bitcoin…