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Cryptocurrency News Digest: Alts Help Reach $2T Market Cap
Author: changehero
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Yet another week the crypto market is on the rise and over $2 trillion, but this time sent not by Bitcoin alone. In our new weekly cryptocurrency news digest, we go over most relevant events and updates as well as provide a recap of the market.

Key Takeaways

ChangeHero Updates

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Latest Cryptocurrency News Digest

Bitcoin This Week

BTCUSD chart: August 20, 2021
Source: TradingView

Latest Bitcoin News

Altcoin News

Business Cryptocurrency News

Cryptocurrency News on Adoption

Regulation & Politics Cryptocurrency News

Social Media Cryptocurrency News Digest

Video of the Week

Crypto trader Rekt Capital posted a video with the update on the stock-to-flow model for Bitcoin. This model is known for forecasting $1 million for BTC as soon as in 2026, as well as being consistent so far — which Rekt Capital proves yet again.

Cryptocurrency News from Twitter

Japan-based crypto exchange Liquid reported getting hacked on Thursday. 69 different crypto assets amounting to a $91 million USD loss were transferred from the exchange’s warm wallets.

Crypto reporter Colin Wu reported a curious fact about Binance: the community noticed that registration with Chinese phone numbers had resumed. It seems especially surprising given the prohibitive stance China has taken towards crypto and Binance’s legal troubles of late.

BlueSky’s team announced the launch of their decentralized social media platform which is initiated and curated by Twitter. The team includes many crypto natives and is led by ex-Zcash engineer Jay Graber.

Influencer of the Week

Want to know what is the safest cryptocurrency to invest in? You might want to check out Kaleo, who is known for deep market research and knowledge.

This Week on the Market

How is the market this week? At the moment of writing the digest, the general stats are:

7d Change in Top Coins

7D crypto digest: August 20, 2021
Source: CryptoRank

At the moment of writing, the weekly change of the top currencies is:

Gainers of the Week

Here are the altcoins that have scored most gains this week (and you can get them on ChangeHero):


Many altcoins helped the market push through the $2 trillion total capitalization once more. Bitcoin is also on the rise and out of negative sentiment, attracting bulls and buyers. Next week, find a new weekly crypto news digest in our blog. Follow ChangHero on Twitter, Facebook, Reddit and Telegram for daily updates and more content.