Ethereum Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories By info@uweb3.io August 23, 2026 Share This Post FacebookXPinterestWhatsApp Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins. Tags039squeezeled039BearsBitcoincreatorscrypto039sdecimatedEtherMusk039sPayRallyStablecoinsStoriesWeek Related Posts Revised CLARITY Act Sets Rules for Controlled DeFi A revised version of the CLARITY Act would direct... New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky The Clarity Act needs 60 votes when the Senate... Nubank Taps Sygnum to Add Crypto and Stablecoins to Its Global Push Nubank has partnered with Sygnum to expand its international... UK House of Lords Backs Digital Asset Strategy The UK House of Lords backed an amendment requiring... FalconX Becomes Lumera Validator as Network Pushes Deeper Into AI Memory Infrastructure FalconX has joined Lumera as a network validator, extending... European Finance Groups Push to Remove DLT Market Cap A coalition of European financial and tokenization groups has... Previous articleKalshi off-limits in multiple states as prediction markets, CFTC team up for battleNext articleHow a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days