Bitcoin 
 and ether (ETH) traders booked profits over the past 24 hours after the assets hit record highs, while macro headwinds and elevated leverage added pressure across major tokens.Bitcoin fell… [+3200 chars]

The mood has soured quickly after a string of record highs, with traders forced to reckon with the macro backdrop once again.

CoinDesk

Cardano, Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback to $100K

Move over Jackson Hole and inflation fears. The real driver behind the recent swoon in crypto and stock markets is likely the impending liquidity drain stemming from the U.S. governments Treasury Gen… [+3849 chars]

Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

Bitcoin, Stocks Hit By $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts

Bitlayer, a bitcoin 
 DeFi infrastructure project, has partnered with Kamino Finance and Orca to bring its bitcoin-backed token, YBTC, to the Solana ecosystem.This integration is intended to combine… [+2079 chars]

This integration is intended to combine Bitlayer's security with Solana's speed and scalability, aligning with Bitlayer's goal of expanding the Bitcoin DeFi sector.

Bitlayer's YBTC Enters Solana as the DeFi Project Partners With Kamino Finance, Orca

HBAR posted sharp price swings over the 24 hours between Aug. 14 at 15:00 and Aug. 15 at 14:00, moving within a $0.015 range, a 6% gap between the days high of $0.259 and low of $0.244. 
The token f… [+2114 chars]

Hedera’s token rebounded sharply from overnight lows before retreating on heavy selling, as ETF filings and cross-chain integrations underscored growing institutional engagement.

HBAR Swings 6% as Institutional Activity Signals Support and Resistance Levels

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 4261.62, up 1.0% (+40.35) si… [+245 chars]

Cardano (ADA) was also a top performer, rising 3.4% from Thursday.

CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 3.4% as Index Trades Higher

Crypto markets extended gains on Wednesday as traders digested a mix of political tailwinds, dovish Fed expectations, and ongoing ETF inflows into ether (ETH).
Altcoins added to their rally during l… [+3004 chars]

“BTC implied volatility remains near all-time lows while ETH’s short-dated vol has jumped materially — that’s a sign traders see more upside and near-term action in ETH,” one trader said.

Bitcoin Holds Near $120K, Ether Rallies Towards $4.7K on Trump's Comment, Fed Rate Cut Bets

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming S… [+1335 chars]

Bitcoin also crossed back above $120,000, but it's underperforming much of the rest of the cryptocurrency sector.

Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, S… [+467 chars]

Proposed technical implementations are designed to lead to increased developer activity and new use cases for applications on the network, contributing to demand for ADA, the network’s gas token.

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

Cardano

3/3 
To find out more on what to expect over the next week or two and in the native token age, here’s a rundown from our blog. So let's welcome Mary and multi-assets and let's go!🚀
Blog: https://iohk.io/en/blog/posts/2021/02/18/building-native-tokens-on-cardano-for-pleasure-and-profit/

Last but not least, a new video from David!
David explains what you need to know about the beginning of an exciting multi-asset future... 

Watch it here: https://youtu.be/PVqsCXh-V5Y

Cardano Foundation Community Manager

CARDANO SMART CONTRACTS: On tonight's earlier Cardano360 we shared the rollout plan for smartcontracts on Cardano. Here's more on the Alonzo roadmap from Charles Hoskinson. We'll bring you more clips from the show throughout the week ahead via our Twitter accounts, so stay tuned!

https://twitter.com/InputOutputHK/status/1375219371883307011

Join Tim Harrison & Aparna Jue for Cardano360 – our bumper March edition 🎉

It's been another month of incredible growth across the Cardano universe. Packed with 3+ hours of content, here's where we chart our expanding universe!

Watch it here: https://youtu.be/ULBLgPgxtN8

Cardano D-DAY Confirmed: Earlier today, IOHK have just successfully submitted an update proposal to the Cardano blockchain, handing over full responsibility for block production to the stake pool operator community on March 31st. This is what Decentralization looks like. Onward! 👌
https://twitter.com/InputOutputHK/status/1375150085328211973

Cardano360: A new episode of the Cardano monthly show!

Featuring a full program of updates on all aspects of Cardano development, including team & partner interviews, progress updates & more! Join us on 25th of March, 17:30 UTC 

Get ready for it here: https://www.crowdcast.io/e/cardano360-march

NEW IOHK BLOG: Another important milestone for Cardano as financial data powerhouse Bloomberg adds Cardano to its ‘Terminal’ real-time market information platform and leading exchange Coinbase Pro lists ADA!

Read it all here: https://iohk.io/en/blog/posts/2021/03/17/momentum-continues-as-coinbase-lists-ada-and-bloomberg-adds-cardano/

Cardano360 - March Edition is coming up next week! 

Join your regular hosts Tim Harrison & Aparna Jue, along with guests from across the ecosystem with all the latest updates and deeper dives into the Cardano universe.

Save your spot ⬇️ 
https://bit.ly/30RMbJN