Altcoin News page 43

ZEC's rally past $814 has traders discussing a potential ranking overtake of XRP, while chart watchers eye higher targets Zcash's price climbed to $814 this week, marking one of its strongest moves in years, according to CoinTurk News.

A meme token tied to a Grand Theft Auto 6 leak rallied sharply, though on-chain data suggests it may have existed before the leak surfaced A cryptocurrency token named CYBERLEEK rallied sharply this week, gaining roughly 80% in value.

ZEC futures positioning nearly doubled as the privacy coin led a broader market rebound alongside Bitcoin. Zcash pushed past $800 this week, marking its highest price point in roughly eight years. The move came alongside a broader rebound across the crypto market, with Bitcoin climbing back above $77,000.

The exchange operator now publishes ENA reference rates across London, New York and APAC trading hours. CME Group has expanded its cryptocurrency benchmark suite to include ENA, the native token of the Ethena protocol. The addition places ENA among a growing list of digital assets that receive standardized reference pricing from the exchange operator.

The billionaire investor's move gives him indirect exposure to the fast-growing decentralized exchange network Hyperliquid. Stanley Druckenmiller, the billionaire investor known for running Duquesne Capital and later his family office, has acquired a $23 million stake in a company that holds Hyperliquid tokens as part of its corporate treasury.

The exchange joins a growing field of firms racing to bring equities onto public blockchains. Coinbase has begun offering tokenized versions of stocks on Base, according to reports from CryptoBriefing and CoinDesk. Base is the layer-2 network built by Coinbase on top of Ethereum, designed to lower transaction costs and speed up settlement.

The Pi coin is consolidating under a key price level as the network prepares for its September 15 mainnet update. Pi Network's token is consolidating below the $0.10 mark as the project approaches a scheduled mainnet upgrade known as Protocol 27.

The token's record run has drawn fresh scrutiny of its tokenomics amid a broader push toward institutional crypto infrastructure. WBT, the native token of the Whitechain network, reached a new all-time high this week. The move comes as the broader W Group ecosystem continues to expand its infrastructure and platform offerings.

The company is abandoning its Dogecoin treasury approach as it redirects capital toward artificial intelligence initiatives. CleanCore has ended its Dogecoin treasury strategy, selling its holdings for approximately $33 million. CryptoBriefing reported the sale figure at $33 million, while crypto.news put it at $33.4 million.

The Ethereum treasury company added to its holdings in its biggest single-week purchase in roughly seven weeks. Bitmine, the Ethereum-focused treasury company associated with Fundstrat co-founder Tom Lee, purchased approximately $81 million worth of ETH over the past week.

The company's latest purchase puts it at roughly 97% of its previously announced Ethereum accumulation goal. BitMine's Ethereum holdings have reached approximately 5.85 million ETH, according to figures reported this week. The latest addition to its treasury brings the firm within striking distance of a self-stated accumulation target.

The hardware wallet maker disputes the severity of a bug reported by researcher group TestMachine, calling the claims overstated. Ledger, the maker of widely used hardware wallets, has addressed reports of a signing flaw in its Ethereum application. The company says the vulnerability was already patched before it became public knowledge.

A sharp rise in network usage on August 21 pushed Solana's fee-burn mechanism to one of its largest single-day totals this year. Solana recorded a sharp increase in onchain activity on August 21, with the network’s daily token burn reaching approximately 87,000 SOL.

A White House crypto summit spotlighted the stalled market-structure bill while the SEC moves to address oversight questions in the meantime. President Trump has continued to press for passage of the CLARITY Act, a proposed law meant to define regulatory jurisdiction over digital assets.

The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline and short positions that have not yet been forced to cover. The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline…

Analysts say Circle's growth story does not depend on passage of the stablecoin market structure bill. Bernstein has restated its $140 price target for Circle, the company behind the USDC stablecoin, according to reporting from crypto.news and The Block.

Bearish positioning persists among a small group of firms even as both assets post strong gains. Three trading firms have maintained short positions on Bitcoin and Ethereum even as both cryptocurrencies posted sharp price gains, according to reporting from Yahoo Finance and BeInCrypto.

Lawmakers are moving to fast-track comprehensive crypto legislation before the end of the year. South Korean lawmakers are pushing to accelerate the Digital Asset Framework Act, with a goal of passing the bill this fall. The legislation would expand the country's regulatory approach to digital assets beyond the narrower protections already in force.