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Bitcoin held steady after U.S. strikes on Iran pushed oil prices higher and stocks lower. The cryptocurrency has gained 24% in August and is on track for its best month since November 2024.
CryptoSlate reported that XRPL consensus simulations froze after 12% of central nodes were removed. At 60% participation, adding two random links lifted simulated quorum-failure thresholds from 11% to 38% and from 12% to 33%.
Ethereum’s staking activation backlog has reached 35.75 days, with CryptoSlate estimating that deposits awaiting entry are missing more than $350,000 in rewards daily under the network’s 256 ETH-per-epoch activation limit.
CoinDesk’s week-ahead crypto briefing focuses on the U.S. jobs report and Russia’s digital ruble rollout, two developments on the digital-asset and macroeconomic calendar starting Aug. 31.
Bitcoin is holding just below $78,000 as August ends, while dollar strength pushes the yen past 160. CoinDesk says rising rate-hike expectations are supporting the dollar and capping Bitcoin’s advance.
Bitcoin held just below $78,000 as August ended, while CoinDesk said dollar strength was capping crypto gains and pushing the yen past its intervention line. Ether was highlighted for forming a bullish golden cross.
Crude oil is surging after overnight military strikes in Iran, CoinDesk reported, while Bitcoin trades near $78,000. The update also says Strategy bought BTC for the first time since late June.
Crude oil prices surged after overnight military strikes in Iran, while Donald Trump again proclaimed victory. CoinDesk also reported that Bitcoin was approaching a 25% August gain, its strongest monthly performance since November 2024.
Cronos validators halted the network after an alleged $75 million exploit at Tectonic. CoinDesk said the attacker inflated thinly traded TONIC by 100 times, used it as collateral and left most borrowed funds stranded.
Bitcoin barely reacted to the latest U.S.-Iran escalation as oil prices rose and stocks fell. CoinDesk reported that BTC remained August’s best-performing asset despite the broader geopolitical market pressure.
Cointelegraph reports that Bitcoin is developing post-quantum defenses, while Solana validators agreed to cancel 18.9 million SOL to reduce inflation. Bernstein’s bullish case sees Bitcoin reaching a $500,000 peak this cycle.
