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Bitcoin breaks $79,000, fueled by strong spot demand and $1.92B ETF inflows, hinting bear market may end.

Market News
23 Aug 2026
Blockonomi
View Source
Bullish
Bitcoin breaks $79,000, fueled by strong spot demand and $1.92B ETF inflows, hinting bear market may end.

Bitcoin surged past $79,000 after breaking a six-week range, driven by strong spot demand and $1.92 billion inflows into U.S. spot Bitcoin ETFs over five days. This rally, supported by short-term holders reclaiming cost bases near $68,500 and a $3 billion short squeeze, suggests growing institutional confidence. While analysts see signs the bear market may be ending, key resistance levels around $80,000 to $83,000 must hold for a confirmed trend reversal. Continued ETF and spot demand will be crucial to sustain the rally.

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CNX expands real-time radiation monitoring at well sites, boosting transparency beyond regulations in Pennsylvania.

CNX expands real-time radiation monitoring at well sites, boosting transparency beyond regulations in Pennsylvania.

CNX Resources has enhanced its Radical Transparency program by adding continuous ambient gamma radiation monitoring at unconventional well pads and certain water facilities in Pennsylvania. This expansion includes real-time public disclosure of radia...

Market News
Bullish
4 hours ago
Graphic Packaging ranks No. 5 overall and No. 1 in materials on 3BL's 2026 Best Corporate Citizens list.

Graphic Packaging ranks No. 5 overall and No. 1 in materials on 3BL's 2026 Best Corporate Citizens list.

Graphic Packaging Holding Company has been named No. 5 overall and No. 1 in the materials sector on 3BL's 2026 100 Best Corporate Citizens list, recognizing its strong commitment to community, environment, and governance. The company also earned top-...

Market News
Bullish
4 hours ago
Salazar Resources plans $3.5M private placement to fund exploration and working capital.

Salazar Resources plans $3.5M private placement to fund exploration and working capital.

Salazar Resources Limited announced a non-brokered private placement to raise up to $3.5 million by issuing 10 million units at $0.35 each. Each unit includes one common share and half a warrant, allowing purchase of additional shares at $0.60 within...

Company Fundamentals
Bullish
4 hours ago
Family offices favor Solana amid booming prediction markets, cautiously eyeing Hyperliquid.

Family offices favor Solana amid booming prediction markets, cautiously eyeing Hyperliquid.

A CoinShares report reveals family offices are bullish on Solana, attracted by its strong position in the rapidly growing prediction markets sector, which saw monthly volume rise nearly tenfold from $4.5B to $43.7B in nine months. Solana's protocols ...

Analyst Insights
Bullish
4 hours ago
Zcash jumps 17% amid $345M liquidations after Fed rate hike, led by short sellers' losses.

Zcash jumps 17% amid $345M liquidations after Fed rate hike, led by short sellers' losses.

Zcash surged over 17% to nearly $1,358 following the Federal Reserve's quarter-point rate hike, outperforming other major cryptocurrencies. The rate increase to 3.75-4.00% triggered a $345 million liquidation wave, mostly impacting short sellers who ...

Market News
Bullish
4 hours ago
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