Bitcoin faced potential downward pressure as large amounts of Bitcoin were moved onto the Binance exchange, a move often associated with large investors, or whales, selling off their holdings. Despite a slight recovery attempt during the week, data suggested whales might be interested in pushing the price down further. However, there were also signs of increased buying activity from whales, with buy orders exceeding sell orders on major exchanges like Binance, OKX, and Coinbase, leading to some positive price momentum. Earlier in the week, a significant amount of leveraged Bitcoin positions were liquidated, with more short positions at risk of liquidation if the price increased. Looking ahead to September, potential interest rate cuts and a new crypto mining company associated with the Trump family going public could influence Bitcoin's direction, although the impact remains uncertain.

TRON (TRX) is currently trading at $0.3389, down from its all-time high. Analysts are watching network activity, which is at a record high with over 2.6 million daily active addresses. If TRX breaks above its all-time high, it could potentially reach a target between $0.48 and $0.52, according to on-chain data. However, this depends on maintaining high network activity. Large USDT transfers on the TRON network by wallets holding over $100 million may signal upcoming market shifts, similar to what happened in August when such transfers preceded a Bitcoin rally. Currently, these large wallets account for a significant portion of daily USDT activity on TRON.

CoinShares, a European crypto asset manager, reported a net profit of $32.4 million for the second quarter, a slight decrease from the previous quarter but a year-over-year increase of 1.9%. This growth was driven by rising digital asset prices, increased institutional investment, and the popularity of physically-backed crypto products. The company's assets under management rose to $3.5 billion, a 26% increase from the previous quarter. CoinShares noted that its spot crypto exchange-traded products (ETPs) attracted $170 million in net inflows. Looking ahead, CoinShares plans to list on a US stock exchange, aiming to tap into a larger investor base and benefit from a more favorable regulatory environment for digital assets.

A U.S. appeals court ruled that most of former President Trump's tariffs are illegal, stating that the emergency law used to impose them doesn't grant the power to tax. The tariffs will remain in place until October 14, allowing the government to appeal to the Supreme Court. Trump disagreed with the ruling, stating the tariffs are necessary to protect the U.S. economy and address trade deficits. The court's decision specifically addresses tariffs imposed under the International Emergency Economic Powers Act (IEEPA) on goods from China, Canada, and Mexico, not tariffs on steel and aluminum. The Justice Department argued that IEEPA allows for trade restrictions, but the court disagreed, noting the law was intended for sanctions and asset freezes, not tariffs. Several lawsuits have challenged the use of IEEPA for tariffs, arguing that Congress holds the power to levy taxes.

Amplify, an asset management firm with $12.6 billion in assets, has filed for a new type of XRP ETF called the XRP Option Income ETF. This ETF will not directly invest in XRP. Instead, it aims to generate income by using options strategies related to XRP ETFs that track the price of XRP. The fund plans to invest at least 80% of its assets in financial instruments connected to XRP, including XRP ETF shares and options on those ETFs. The remaining 20% will be in U.S. Treasuries, cash, or similar investments. The ETF is expected to be listed on the Cboe BZX Exchange and start trading in November. This filing is part of a larger trend with 16 XRP ETF applications currently under review in the U.S., signaling growing interest in XRP-based investment products.

The World Bank has sold $510 million in bonds backed by loans previously given to 57 companies in emerging markets across Asia, South America, and Eastern Europe, spanning sectors like telecommunications, and food and beverage. This marks the Bank's first use of a collateralized loan obligation (CLO) to free up its balance sheet for new loans and transfer credit risk to investors. Goldman Sachs assisted in structuring the deal, with the largest portion, $320 million, rated Aaa by Moody's, paying interest 1.3 percentage points above a market benchmark. The World Bank intends to create an emerging-market securitization platform for future transactions. This strategy aims to expand lending by removing old loans from its balance sheet. The bank wants to hand the exposure to private institutions. Other institutions have securitized emerging-market loans, like Bayfront Infrastructure Capital's $410 million CLO in 2023.

Amdax, a Dutch cryptocurrency firm, has raised $23.3 million in its first funding round to purchase Bitcoin. The company aims to acquire 1% of all Bitcoin that will ever exist, positioning itself as one of the largest corporate Bitcoin holders. Amdax is leveraging its regulatory approvals, including registration with the Dutch Central Bank and a MiCA license, to operate across the European Union. This move reflects a growing trend of companies adding Bitcoin to their balance sheets as a treasury asset, with corporate holdings reaching 3.68 million tokens. While MicroStrategy remains the largest holder, other companies like Metaplanet and Sequans Communications are also investing significantly in Bitcoin. Amdax plans to complete private funding and then go public on Euronext Amsterdam, allowing investors to gain exposure to Bitcoin through the company's stock. The strategy involves market risks due to Bitcoin's price volatility, but Amdax believes in Bitcoin's long-term performance as a store of value.

Investors have voluntarily dropped their class action lawsuit against Strategy Inc., a company known for holding a lot of Bitcoin. The lawsuit was about concerns that Strategy Inc. wasn't clear enough about how new accounting rules for cryptocurrencies would affect its reported Bitcoin holdings. The court dismissed the case 'with prejudice,' meaning the same investors can't file the same lawsuit again. However, other investors still have the option to start their own lawsuits in the future. This stems from ongoing questions about how Strategy reports its large Bitcoin assets, especially as accounting rules for digital assets keep changing.

Plasma, a stablecoin-focused platform backed by Bitfinex, has partnered with EtherFi, a major DeFi protocol. EtherFi will transfer over $500 million in Ethereum staking assets to Plasma's platform to provide liquidity for stablecoin yield strategies. This collaboration allows EtherFi users to use their assets as collateral within Plasma's ecosystem, accessing lending, borrowing, and ETH-backed yield products. The partnership aims to leverage the growing stablecoin market, which currently has a total supply exceeding $280 billion. Plasma is engineered for stablecoin payments and cross-border transactions and offers zero-fee USDT transfers.

The cryptocurrency market experienced a downturn, dropping 4% in the last 24 hours due to disappointing U.S. inflation data, with Bitcoin decreasing by 4% and Ethereum by 6%. The article highlights three altcoins with potential for high returns: Bitcoin Hyper, Maxi Doge, and Snorter Token. Bitcoin Hyper, a layer-two project for Bitcoin, has raised over $12.7 million in its presale and aims to provide DeFi and smart contract capabilities for Bitcoin. Maxi Doge, an ERC-20 meme token, has secured $1.6 million in funding and is focused on building a community of traders with trading competitions and strategy sharing. Snorter Token, a Solana- and Ethereum-based trading bot, has raised $3.5 million in its presale and offers automated sniping and other features, requiring the SNORT token for access. The presales for these tokens are ongoing on their respective official websites.

Elon Musk's AI company, xAI, is suing a former engineer, Xuechen Li, for allegedly stealing confidential information related to their Grok chatbot and taking it to OpenAI. xAI claims Li downloaded and concealed files after accepting a job at OpenAI and selling $7 million in xAI stock. The lawsuit seeks monetary damages and a restraining order to prevent Li from working at OpenAI. Separately, Taiwan Semiconductor Manufacturing Company (TSMC) is launching a system to help companies manage and protect their intellectual property. This registry system, in development since 2013, functions as a secure database containing over 610,000 entries. TSMC has also faced trade secret theft, with three individuals recently indicted for stealing secrets to benefit Tokyo Electron. These events highlight the rising risks of intellectual property theft, especially in the AI and semiconductor industries.

Germany's inflation rate increased to 2.1% in August, exceeding the predicted 2% and rising from July's 1.8%. However, core inflation, excluding energy and food, remained unchanged at 2.7%. The number of unemployed people in Germany rose to 3.025 million, pushing the unemployment rate to 6.4%. New tariffs imposed by the U.S. on European products, now including pharmaceuticals, are negatively impacting German exporters. Germany's GDP shrank by 0.3% in the second quarter after growing 0.3% in the first quarter. The European Central Bank (ECB) held interest rates steady at 2% in July and is expected to do so again in September. Consumer expectations for inflation in the eurozone remain above the ECB's target, with median forecasts at 2.6% for the next 12 months and 2.5% in three years. The ECB's inflation target of 2% appears challenging to reach due to persistent inflation and trade tensions.

Germany and France have responded to U.S. President Trump's threats of tariffs on countries with digital taxes, affirming the EU's right to set its own technology laws. French President Macron stated the EU would respond to any coercion, and German Chancellor Merz emphasized the EU's digital oversight is for its own interest and not subject to external approval. EU officials warned of potential trade consequences if the U.S. continues to challenge the Digital Markets Act (DMA) and Digital Services Act (DSA). The EU refuted claims that the DSA is a censorship tool, citing data showing appeals against content removals are often successful. Macron suggested the EU might consider countermeasures against the U.S. digital sector, while members of the European Parliament insisted they would not rewrite EU laws under pressure.

XRP experienced a price drop of 6% on Friday, reaching a low of around $2.77, influenced by a broader downturn in the crypto market. This drop resulted in approximately $22.7 million in liquidations for leveraged traders, mainly those holding long positions. Despite the price decrease, there's renewed institutional interest in XRP. Asset manager Amplify has filed with the SEC to offer an XRP option income ETF, planning to invest at least 80% of its capital in XRP-related financial instruments. CME Group has also reported high demand for its XRP futures, which quickly surpassed $1 billion in volume. However, market analyst Peter Brandt suggests that XRP may face further price corrections, potentially dropping to $2.39 if it fails to maintain support around $2.78. A bearish trend could be negated if XRP consistently closes above a falling logarithmic trend and reclaims its 50-day Moving Average as support.

Grayscale has filed with the SEC to create exchange-traded funds (ETFs) for Polkadot and Cardano, following initial filings in February 2025. The Polkadot ETF, under the ticker DOT, will trade on Nasdaq and track the CoinDesk DOT CCIXber Reference Rate. The Cardano ETF, under the ticker GADA, will list on NYSE Arca and follow the CoinDesk Cardano Price Index. Both ETFs will hold the respective cryptocurrencies in custody at Coinbase and will not use leverage or derivatives. These filings are part of a broader trend among issuers like VanEck and Bitwise to offer ETFs based on cryptocurrencies beyond Bitcoin and Ethereum.

Gumi, a Japanese gaming and blockchain company, is investing heavily in cryptocurrency to expand its blockchain business. The company has launched a 2.5 billion yen (approximately $17 million) XRP treasury to strengthen its role in cross-border payments and international money transfers. This XRP acquisition is part of a broader strategy to enhance its blockchain-related financial services. Earlier in 2025, Gumi also acquired 1 billion yen (about $6.7 million) worth of Bitcoin for staking and to grow its digital assets. Gumi plans to keep an eye on the market value of its cryptocurrency holdings and will report any significant effects on its financial results. The XRP purchase is planned to occur between September 2025 and February 2026.

Bitcoin's price is currently around $108,410, a decrease of 3.1% in the last 24 hours. Eric Trump predicts Bitcoin will reach $1 million, citing its limited supply and growing demand. Dutch crypto firm Amdax aims to accumulate 1% of the total Bitcoin supply, valued at over $23 billion, through its new treasury vehicle. Strategy, a major corporate Bitcoin holder, won a lawsuit, allowing them to focus on expanding their $68 billion Bitcoin holdings. Technically, Bitcoin faces support at $108,400 and resistance at $111,000; breaking above $111,000 could lead to further gains, while failing to hold $107,800 could result in deeper losses. Bitcoin Hyper ($HYPER), a new Layer 2 solution, combines Bitcoin security with Solana's speed and has raised over $12.7 million in its presale.

Shiba Inu's price has been stable recently, trading between $0.00001345 and $0.00001190 during August. However, a technical analysis suggests that Shiba Inu might be ready for a significant price increase. The analysis points to a pattern where Shiba Inu has historically experienced large price jumps after periods of little movement. If this pattern continues, the price could increase by 650%, reaching $0.00009, potentially a new all-time high. This projection is based on previous price surges and their average increase applied to the current market situation. The key to this increase is a surge in demand, which would drive the price upwards. Currently, Shiba Inu is trading at $0.00001236, down 3.8% in the last 24 hours.

BitMine, a publicly traded company, has been aggressively buying Ethereum (ETH) and has become the largest publicly traded Ethereum treasury firm in the world. Starting June 30, 2025, BitMine acquired over 1.7 million ETH, worth approximately $8.8 billion including cash reserves. This buying spree is part of a plan led by chairman Tom Lee to acquire 5% of Ethereum's circulating supply, which would be around $27 billion worth. The company's accumulation has increased investor interest, with its NAV per share rising from $22.84 in July to $39.84 by the end of August. While MicroStrategy remains the largest crypto treasury holder overall with Bitcoin, BitMine's significant Ethereum holdings now make it the second-largest corporate crypto holder globally, surpassing other miners and firms with crypto treasuries.

Chainlink's price saw a minimal increase of less than 2% despite announcing a partnership with the U.S. Commerce Department to deliver economic data to blockchains. This is in contrast to Pyth Network, which experienced a price surge of over 100% after a similar announcement. The muted reaction to Chainlink's news is attributed to the market viewing it as an extension of Chainlink's existing role as a leading oracle network, rather than a groundbreaking development, unlike Pyth's deal. Data shows a decrease in Chainlink's open interest in futures contracts, a weakening of net buying flows, and a flattening of the Money Flow Index, indicating reduced buying pressure following the announcement. Chainlink's price is currently around $23, with $26.04 identified as a key resistance level and $23 as an important support level.

Solana's price is showing positive signs, suggesting it could rise further. The price has been stable around $210, which is now a key level. If it stays above this, the next targets are $240, $260, and potentially $275. A large amount of Solana, worth almost $4 billion, was previously bought around $180, creating strong support at that level. This makes $180 another important price to watch, as it should prevent a large drop. The technical analysis suggests Solana has broken out of a pattern and could head towards $300 if the current momentum continues. Traders see capital flowing into Solana, indicating it's performing well compared to other cryptocurrencies.

CoinShares, a European crypto investment firm, is planning to expand into the U.S. market by potentially acquiring Valkyrie Funds, a company that specializes in crypto Exchange-Traded Funds (ETFs). The deal includes an option for CoinShares to buy Valkyrie Funds and a brand licensing agreement for the Valkyrie Bitcoin Fund. This move is aimed at giving CoinShares a strong presence in the U.S., particularly in the crypto ETF market. The deal is subject to approval by the Securities and Exchange Commission (SEC). Valkyrie's CEO believes this partnership will help both companies grow and innovate in the digital asset market. The option to acquire Valkyrie Funds will be active until March 31, 2024.

China's National Petroleum Corporation (NPC) is exploring the use of stablecoins for international payments, focusing on Hong Kong's regulatory framework as a potential model. A stablecoin exchange system in Shenzhen is already processing over 100,000 Hong Kong dollar and digital yuan swaps daily. China is also considering launching its own yuan-backed stablecoins to promote international use of its currency. Ripple's RLUSD stablecoin is gaining popularity in Singapore, supported by Tazapay's recent funding round where Ripple participated. Tazapay, a fintech company with over $10 billion in annual payment volume and a 300% year-over-year growth, offers virtual bank accounts and stablecoin transactions, further boosting RLUSD adoption. RLUSD has also launched in Japan and is nearing the top 100 crypto assets by market capitalization.

Solana's price is predicted to increase significantly due to a technical indicator called a "golden cross" appearing on its price chart, which historically signals strong future gains. In addition, institutional investors like Galaxy Digital, Multicoin Capital, and Pantera Capital are planning to invest a total of $3 billion in Solana. Solana has broken above a key resistance level of $205, now acting as support, potentially leading to further price increases. If the bullish trend continues, Solana could reach $300, and potentially its previous all-time high, with targets of $500 and $1,000 being discussed, offering a possible 400% gain in about 6 months. The meme coin Wall Street Pepe ($WEPE), is also expanding to the Solana blockchain, offering incentives for holders to join.

Chris Giancarlo, the former head of the CFTC, believes stablecoins have the potential to replace failing traditional currencies, especially in countries with economic instability. He highlights that the creation of many new dollars in recent years is unsustainable and could lead to the downfall of the dollar as a reserve currency, making stablecoins a crucial alternative. Giancarlo envisions stablecoins providing a 24/7 global money transfer system, filling a gap in traditional finance. While expecting challenges during the transition, he hopes governments will focus on regulating and clarifying the stablecoin sector. The GENIUS Act, which seeks to regulate stablecoins as a means of payment, has faced criticism, with some arguing it doesn't offer enough protection and citing historical concerns about private banks issuing currencies without proper backing.

Tether has changed its plan regarding its USDT stablecoin on several older blockchain networks like Bitcoin Cash, Kusama, EOS, and Algorand. Instead of freezing USDT tokens on these networks, Tether will now classify them as unsupported. Users can still move their USDT tokens across wallets on these networks, but Tether will no longer create new USDT or allow users to redeem USDT on these platforms. The original plan, announced in June, was to freeze all USDT on these blockchains starting September 1, 2025, which received criticism. Tether decided to change course, allowing these low-volume chains to wind down without locking users out of their assets. This announcement comes a day after Tether revealed plans to issue USDT natively on Bitcoin using the RGB protocol. USDT is primarily used on Ethereum and Tron, with over $80 billion on each, and also has a presence on Solana and other networks. This shift signifies Tether's focus on platforms with higher usage and its expansion into Bitcoin.

Tether, the company behind the USDT stablecoin, is launching USDT on RGB, a new protocol built on the Bitcoin network. This will allow users to transact with USDT directly on Bitcoin, aiming for more private and scalable transactions. Tether also plans to expand into the United States following recent regulatory developments and has hired Bo Hines, a former White House official, to lead this effort. The company reported a $4.9 billion profit in the second quarter, a 277% increase year-over-year, with total reserves of $162.5 billion against $157 billion in liabilities.

The cryptocurrency HYPE, associated with the Hyperliquid exchange and blockchain, is facing a significant token unlock event on November 29th. This unlock will release approximately 238 million HYPE tokens, representing about 23.8% of the total supply, which are currently allocated to core contributors. If distributed evenly, around 9.9 million HYPE tokens could enter the market monthly. At the current price of $45, this equates to roughly $446 million of potential selling pressure each month, continuing until late 2027.

Hyperliquid (HYPE) has become a significant player in the decentralized derivatives market, capturing nearly 80% of the market share. The platform has processed over $200 billion in trading volume recently. Unlike many DeFi protocols, Hyperliquid launched its $HYPE token directly to the public market, without initial venture capital funding. This was intended to provide fair access and promote organic growth. A key feature of Hyperliquid is its cross-chain deposit functionality, which allows users to deposit assets from various blockchains, including Bitcoin. This functionality and strong liquidity are contributing to Hyperliquid's growing adoption and challenging the dominance of centralized exchanges like Binance, with Hyperliquid's volume relative to Binance increasing significantly.

Valour Inc. has launched a Shiba Inu (SHIB) exchange-traded product (ETP) on Sweden's Spotlight Stock Market, providing European investors, particularly in the Nordic region (Sweden, Denmark, Norway, and Finland), with regulated access to the cryptocurrency. This ETP, denominated in Swedish Krona (SEK), allows investors to gain exposure to Shiba Inu through traditional brokerage accounts like Avanza and Nordnet, eliminating the need for direct crypto exchange purchases or storage. The SHIB ETP mirrors the price performance of the Shiba Inu token and carries a 1.9% management fee. The launch aims to simplify crypto investment for traditional and institutional investors, potentially increasing SHIB's presence in the investment world and drawing in institutional investment, a long-awaited move by the Shiba Inu community.

A recent report indicates that Ukraine is losing billions of dollars in potential government revenue due to crimes involving cryptocurrencies. Experts suggest that with proper regulation of the crypto market, Ukraine could recover approximately $10 billion. Criminals, including corrupt officials and even the Russian military, are exploiting the country's unregulated crypto environment for illicit activities. The lack of a comprehensive legal framework for digital currencies prevents effective law enforcement and tax collection, costing the Ukrainian budget significantly. While Ukraine passed a law on virtual assets in early 2022, its implementation is pending amendments to the tax code. As part of its EU accession process, Ukraine is expected to align its crypto legislation with EU rules, including the Markets in Crypto Assets (MiCA) regulation. Specific risks in Ukraine include over-the-counter (OTC) crypto activities, the use of crypto to purchase sanctioned goods for Russia, and money mule schemes. These schemes, where individuals unknowingly lend their bank accounts for money laundering, are estimated to cost the state budget around $24 million per month. Improved oversight, particularly of OTC desks, is deemed crucial for Ukraine to recover funds and maintain good standing with international partners. Russian actors are also reportedly using OTC platforms and social media to facilitate illicit activities, such as selling drugs to Ukrainian soldiers for crypto.

The total value of the stablecoin market has exceeded $280 billion, with an increase of approximately $2.8 billion in the past week. Ethena's USDe stablecoin has shown significant growth, increasing its market capitalization by over 200% since August 2024.

Issuers are moving forward with plans to launch Solana ETFs by filing amended S-1 forms with the Securities and Exchange Commission (SEC). These filings represent a step towards potentially offering investment vehicles that track the price of Solana, making it easier for investors to gain exposure to the cryptocurrency without directly holding it.

The Ethereum Foundation has temporarily stopped accepting new grant applications. This pause is to allow the Foundation to reorganize its Ecosystem Support Program (ESP) and focus on achieving long-term strategic goals for the Ethereum network. In 2024, the Foundation awarded $3 million to 105 projects related to developer tools, research, and community development. The Foundation wants to shift from simply reacting to grant requests to actively supporting the most important needs of the Ethereum ecosystem. Current grant recipients will continue to receive their funding during this period. The Foundation will announce a new approach to its grant program in the future.

Stellar (XLM) is currently trading around $0.373 and faces a potential drop to the $0.33-$0.35 range, which is considered a key support level. Analysts indicate that failure to hold this level could lead to a further decline towards $0.28. Trading volume has decreased, signaling reduced demand and indecision among traders. Technical indicators show the asset is nearing oversold conditions, potentially leading to a short-term price bounce. However, the overall momentum remains bearish, and a recovery requires reclaiming the $0.41 level. The immediate outlook hinges on whether Stellar can maintain its current support levels.

Tether has changed its plan regarding USDT on older blockchains like EOS and Algorand. Instead of freezing USDT on these networks, which would have stopped all activity, Tether will now classify them as 'unsupported'. This means users can still transfer USDT between wallets on these blockchains, but Tether will no longer officially back or support them. Tether will also stop creating or redeeming USDT on these older networks. This decision was made after feedback from users and developers who were concerned about the impact of a freeze. Tether is now focusing on issuing USDT on more active and secure blockchains like Bitcoin and Ethereum. The company aims to reduce operational burdens and avoid potential reputation problems by shifting away from these less used blockchains.

Digital asset treasury companies (DATs) are increasingly common, with almost $22 billion raised this year. These companies, which hold digital assets as a core strategy, are moving beyond simply holding assets and are now actively seeking higher yields through strategies borrowed from traditional finance and decentralized finance (DeFi). This includes staking, liquid staking, restaking, and DeFi protocols, generating returns from 3-10% APY. Some DATs are also using traditional finance methods like issuing convertible notes and selling covered call options. While these strategies aim to differentiate companies in a crowded market and increase profitability, they also introduce risks, including potential volatility if companies are forced to sell assets during downturns. Some DATs are trading below their net asset value, and a market downturn could exacerbate this, potentially leading to mergers, buybacks, or forced liquidations if companies have taken on too much debt. A hack of restaking protocols could also trigger significant sell-offs. The DATs that succeed will be those that can sustainably generate higher returns through innovative yield strategies, as these will be more attractive to investors than simpler investment options.

The Financial Crimes Enforcement Network (FinCEN) has issued a warning to banks and financial institutions regarding Chinese money laundering networks that are moving illicit funds, including money from Mexican drug cartels. FinCEN reviewed over 137,000 Bank Secrecy Act reports from January 2020 to December 2024, identifying $312 billion in suspicious transactions linked to these networks. An additional $53.7 billion in suspected activity was flagged in 17,389 reports related to the real estate sector. These networks facilitate the transfer of US dollars from cartels to buyers in China, often using trade-based schemes and other methods to conceal the source of funds. These networks are also connected to other crimes, including human trafficking and healthcare fraud. Despite the focus on cryptocurrency in money laundering discussions, the data suggests that a much larger amount of illicit money is moved through traditional banking systems.

The article discusses the potential of various meme coins as investment opportunities, particularly for 2025. While Dogecoin showed a recent price increase, the article suggests focusing on meme coins with stronger utility and structure. Pepeto, an Ethereum-based meme coin with a live exchange called PepetoSwap, cross-chain bridge, and staking options with potential APY of up to 237%, is highlighted as a promising option due to its active development on the mainnet, audits by SolidProof and Coinsult, and a growing community. Its presale price is $0.000000149. The article mentions Myro on Solana, ApeCoin, and SUNDOG as alternative meme coins, but notes their respective weaknesses: Myro lacking solid products, ApeCoin's unclear utility and declining value, and SUNDOG's thin use case. The article concludes that Pepeto, with its working tools, funding, and community, presents a potentially lucrative early investment opportunity. The presale is ongoing at pepeto.io.

BlackRock's Ethereum ETF (ETHA) experienced significant investor interest, recording $1.244 billion in inflows between August 18-22, second only to Vanguard's S&P 500 ETF. This surge contributes to the nearly $10 billion accumulated by Ethereum ETFs since July, reversing earlier negative flows. Market trends suggest a shift from Bitcoin to Ethereum, with Bitcoin ETFs seeing outflows while Ethereum ETFs attracted substantial inflows in August. Ethereum's spot trading volume also reached a new monthly record of $135 billion. Corporate Ethereum treasuries increased significantly, rising from $2.3 billion to $19.1 billion between June 1 and August 29, signaling increased institutional adoption of Ethereum as a treasury asset.

Hyperliquid's (HYPE) price has dropped from nearly $50 to around $42-$43, a critical support level. If it stays above this level, it could rebound towards $47-$50. However, failing to hold could lead to a further decline towards $38, or even $30-$20. Some analysts point to a Wyckoff distribution pattern, suggesting potential weakness due to upcoming token unlocks worth $500 million per month, which could increase supply and lower the price. On the other hand, valuation metrics like the Supply-Weighted P/E ratio indicate that HYPE might be undervalued, especially with rising revenues. Strong revenues, trading volumes, and buybacks support a potential rebound if the $42-$43 support holds, but the token unlocks pose a risk.

The article highlights Ethereum's central role in the crypto space, suggesting it's the foundation for many new developments. One company, SharpLink Gaming, is investing in Ethereum, believing it's crucial for the future of finance. Ethereum recently hit its 2021 high but experienced a setback, which is common during breakouts as traders adjust their positions. Analysts suggest that consistent weekly closes above the previous all-time high are needed to confirm a real breakout. Despite current market pressures, some analysts predict Ethereum could reach $10,000 in this cycle, although a short-term price correction may occur first. September is often a slow month for crypto, potentially offering a good opportunity to buy before a possible surge in late 2025. However, a strong performance by Ethereum in September could signal even faster growth, making the $10,000 target achievable sooner.

The Solana Policy Institute donated $500,000 to the legal defense funds of Tornado Cash co-founders Roman Storm and Alexey Pertsev. Storm and Pertsev face charges related to conspiracy to commit money laundering and sanctions violations for their roles in developing the cryptocurrency privacy protocol, Tornado Cash. Storm was convicted in the U.S., and Pertsev was found guilty in the Netherlands. Their cases have garnered significant attention from the crypto community, with Ethereum co-founder Vitalik Buterin and the Ethereum Foundation also contributing substantial funds to their defense. The cases of Samourai Wallet founders, Keonne Rodriguez and William Lonergan Hill, who pleaded guilty to operating an unlicensed money transmitting business, are also mentioned, highlighting the broader debate over privacy-enhancing crypto tools and potential government overreach. The Solana Policy Institute and other supporters believe prosecuting developers for creating neutral tools sets a dangerous precedent.

The S&P 500 decreased by 0.64% to 6,460.26 on Friday but still recorded its fourth consecutive month of gains. The Nasdaq fell 1.15% to 21,455.55, and the Dow Jones Industrial Average declined by 0.20%, closing at 45,544.88. Nvidia's stock dropped more than 3% despite strong earnings reports, while Alibaba's U.S.-listed shares increased by approximately 13%. The Core PCE inflation reading rose to 2.9% in July, the highest since February. Caterpillar's shares fell by more than 3% after warning of potential losses due to President Trump's tariff plans. Gold futures increased by about 31%, reaching nearly $3,473.

A former Indian politician, Nalin Kotadiya, and thirteen others have been sentenced to life in prison for their roles in a 2018 Bitcoin extortion case. The case involved the kidnapping of a businessman from Surat, Shailesh Bhatt, and the extortion of 200 Bitcoins, valued at approximately 12 crore at the time, along with a ransom demand of 32 crore. Bhatt was lured by individuals posing as CBI agents and then abducted by police officers using official vehicles. The investigation, triggered by Bhatt's complaint, revealed a network of corruption involving police officers, a lawyer, a CBI inspector, and ultimately, Kotadiya, who went into hiding before being arrested. The court's decision marks a significant step against corruption involving cryptocurrency and high-profile individuals.

Ethena (ENA) is holding steady at around $0.65, with some experts predicting a possible surge in value due to the increasing popularity of its USDe synthetic dollar platform. Crypto expert Arthur Hayes suggests ENA could potentially increase 50 times by 2028 if the stablecoin market expands as expected. Technically, ENA has strong support around $0.65, and breaking above the $0.70-$0.72 range could lead to further gains. Ethena's fundamentals are also strong, with over $11 billion locked in the platform and significant revenue generation. However, price predictions vary, with some analysts forecasting a rise to around $1.69 by 2025, while others are more conservative. Investors are advised to watch the $0.65 support level and the $0.72-$0.75 resistance levels to gauge future price movements. ENA is considered a potentially solid DeFi investment due to its growing adoption and strategic product offerings.

Pudgy Penguins (PENGU) is currently priced around $0.02920, experiencing a 4.30% decrease in the last 24 hours. The token is maintaining a critical support level between $0.028 and $0.030, which is considered a key area for potential price stability. Analysts suggest that holding this support could trigger an upward movement, especially given the presence of nearly $350,000 in short liquidations around $0.0310. A successful break above $0.033 to $0.035 could lead to a rally towards $0.043, while a drop below $0.028 may push the price down to around $0.025. The recent global launch of the Pudgy Party game on the Apple App Store and Google Play Store is expected to increase the visibility and demand for PENGU, potentially acting as a catalyst for price appreciation.

Despite a recent cooling in the real-world asset (RWA) sector, Chainlink (LINK), Ondo (ONDO), and Maple Finance (SYRUP) are highlighted as RWA altcoins to watch in September. Chainlink's credibility is reinforced by a partnership with the US Department of Commerce, with on-chain data showing whales accumulating LINK. Ondo is noted for bridging real-world assets on-chain, with whale activity and technical analysis suggesting a potential bullish reversal. Maple Finance's Syrup token demonstrates consistent gains and strong on-chain data, indicating a supply squeeze and continued buyer interest.

Arbitrum (ARB) has seen significant inflows, attracting $872 million this week, making it the leading chain in terms of capital influx. The current price of ARB is around $0.50, a decrease of 3.59% in the last 24 hours. A key support level to watch is the $0.46 to $0.47 range; holding above this level could push the price towards $0.55 and potentially $0.60. However, a major token unlock is scheduled for September 16th, where 92.65 million ARB tokens (worth approximately $48 million) will be released, potentially increasing volatility and creating downward pressure on the price.

BlackRock, a large investment firm, has recently moved millions of dollars worth of Bitcoin shortly after purchasing over a billion dollars worth of Bitcoin and Ethereum for its exchange-traded funds (ETFs). Data shows BlackRock's cryptocurrency portfolio is valued at nearly $99 billion, with Bitcoin making up the majority at $82.43 billion and Ethereum at $16.51 billion. The Bitcoin transactions involved moving batches of 300 BTC, worth $33.5 million each, to various addresses. These moves followed BlackRock's purchase of 4,428 BTC ($526 million) and 105,900 ETH ($488 million) on August 14, and subsequent purchases of crypto assets. While Bitcoin ETFs saw outflows, Ethereum ETFs experienced significant inflows, attracting $4 billion in August. BlackRock's Ethereum ETF holds over half of the market share, with $17.2 billion in assets. Ethereum ETFs are gaining traction, surpassing Bitcoin ETFs in daily flows as institutional demand for Ethereum increases.

The price of XRP has recently decreased by 5.35%, trading around $2.82. Market analysts are closely watching the $2.80-$2.76 range as a critical support level. Holding above this level could lead to a rebound towards $3.00, while falling below it might cause a further drop to around $2.60. Daily trading volume has increased to $6.7 billion, indicating strong investor interest despite the price drop. A Ripple co-founder transferred 50 million XRP, worth about $140 million, potentially contributing to selling pressure. The market is optimistic due to regulatory clarity from the SEC lawsuit and potential for a spot XRP ETF. Analysts predict that the price of XRP could range from $3.50 to $5.00 by 2025, depending on institutional adoption.

DeFi Development Corp. significantly increased its investment in Solana by purchasing 407,247 SOL tokens for $77 million on August 28, 2025, bringing their total holdings to 1.83 million SOL tokens, valued at $371 million. The company funded this acquisition through an equity raise, indicating a long-term investment strategy. The company intends to stake these newly acquired tokens to generate revenue. Furthermore, DeFi Development Corp. is expanding globally by launching DFDV UK, a Solana-focused treasury vehicle, through the acquisition of Cykel AI, to increase Solana's adoption in the UK and beyond. The company plans to develop five additional treasury vehicles to further support Solana's global adoption.

SEI's price is currently holding around $0.30, with analysts observing potential for a rally towards $0.60. The weekly charts show a bounce from a support level near $0.21, creating a higher low pattern and increased trading volume, signaling renewed investor confidence. Holding above $0.25 is crucial, and a weekly close above $0.35 could attract more traders, potentially pushing the price towards $0.45 to $0.60. Intraday activity shows the price fluctuating between $0.285 and $0.305, with buyers defending support around $0.29, suggesting a possible upward push. Technical indicators on the daily timeline, however, show some selling pressure around $0.314, with support at $0.278. The MACD indicator suggests a weak bearish trend, but a recovery is possible if the price reclaims $0.32.

Eliza Labs and its founder Shaw Walters have filed an antitrust lawsuit against X, the social media platform, alleging that X stole their AI agent technology and then launched similar competing products. The lawsuit claims that X invited Eliza Labs to collaborate, then demanded a hefty $600,000 annual license fee after they were already paying over $20,000. Eliza Labs says X suspended their accounts and requested extensive technical details about their AI framework under the guise of reinstating the accounts, and then used this information to create their own AI features through xAI. Eliza Labs is seeking over $75,000 in damages, account restoration, and a halt to X's allegedly anticompetitive practices. This legal action comes shortly after Elon Musk's xAI sued Apple and OpenAI over similar antitrust concerns, highlighting growing legal battles over control of the AI market.

Ethereum's price is currently around $4,340 and faces potential short-term decline to $4,280, with a further drop to $3,900 possible if that support fails. Despite this, there's optimism for a rise towards $5,000 due to strong institutional demand, indicated by $1.2 billion in ETF inflows over three days and over $27 billion in ETH ETF assets. The Layer-2 ecosystem's growth and increased staking activity also support a bullish outlook. While Ethereum is trading below its 50-day and 200-day moving averages, suggesting short-term and long-term pressure, analysts predict a recovery, with some pricing models forecasting a rise to around $4,933 by early September 2025. Traders are advised to watch key support and resistance levels, ETF inflows, and overall market sentiment.

Tron (TRX) is at a critical point, nearing its all-time high, which could lead to a price surge or a significant drop. Market sentiment shows extreme greed, indicating traders are anticipating a breakout, but this also increases the chance of a pullback. The difference between TRX's current price and its Realized Price is widening, suggesting large unrealized profits that could trigger selling. CryptoQuant notes TRX's price is nearing a zone that typically indicates overbought conditions and high vulnerability to corrections. Currently trading at $0.347, analysts are waiting for a bullish break, with one setting price targets of $0.65 in the short term and $1.25 long term, while advising caution and suggesting strategies like trailing stop-losses and partial profit-taking.

The cryptocurrency market is seeing potential shifts as Solana (SOL) and Binance Coin (BNB) show strong performance. Solana is trading around $200, with analysts suggesting it could reach $1,000 if market conditions stay favorable. Binance Coin hit a new high at nearly $867 and is projected to potentially reach $1,500 by late 2025. Pepeto (PEPETO), a new memecoin on Ethereum, is currently in presale at $0.000000149. It aims to provide zero-fee trading and cross-chain transfers through its PepetoSwap platform. The presale has already raised over $6 million. Analysts are suggesting the project could have substantial growth potential after launch, with some scenarios forecasting significant returns for early investors. The project touts audits by SolidProof and Coinsult, a 420T supply, 30 percent presale, 12.5 percent liquidity, 20 percent marketing, 30 percent staking, zero percent trading tax. Investors are cautioned to use only the official website to avoid scams.

Solana's Agave, a software program that helps run the Solana network, briefly reached 1.1 million transactions per second in a test. This matches a previous record by another program called Firedancer. This test was done in a controlled environment and doesn't represent the actual speed of the Solana network in real-world use. However, it shows that the technology is improving and that different teams are competing to make Solana faster. These improvements are aimed at reducing delays for users, especially in areas like payments and trading. Solana is also working on changes to make transactions confirm faster, aiming for a target of 150 milliseconds. The price of SOL, Solana's cryptocurrency, was $207.86 at the time of the report.

Ethereum's co-founder, Vitalik Buterin, estimates a 20% chance that quantum computers could break current cryptography systems, which secure cryptocurrencies like Bitcoin and Ethereum, by 2030. A more likely timeframe, according to expert predictions, is by 2040. This raises concerns because Bitcoin and Ethereum still use digital signatures that could be vulnerable to quantum computers. While quantum computers capable of breaking these systems don't currently exist, the possibility has prompted some blockchain projects to develop new, quantum-resistant security measures. The debate centers on whether major cryptocurrencies, particularly Bitcoin, need to upgrade their security systems to prepare for potential quantum computing threats in the coming years. Some experts suggest that the real problem is not only that old data could be read, but ensuring blockchains remain reliable and secure against stronger computing power. Some new cryptographic tools and methods are being developed to address these security concerns.

Despite an almost 8% drop in BitMine Immersion Technologies' stock price this week, Cathie Wood's ARK Invest invested an additional $15.6 million in the company. This investment involved the purchase of 339,113 BitMine shares across three of ARK's ETFs: the ARK Innovation ETF, the Next Generation Internet ETF, and the Fintech Innovation ETF. BitMine shifted its focus from Bitcoin mining to building a large Ethereum treasury, now holding 1,714,000 ETH, valued at approximately $8.20 billion, making it the largest corporate holder of Ethereum. The company is also expanding its fundraising, increasing its at-the-market equity offering to $24.5 billion. BitMine's stock has seen significant volatility, experiencing a large increase this year, but it remains up over 400% year-to-date.

An early Bitcoin adopter has publicly criticized Ripple's XRP, labeling it a scam that can be gambled on. The statement directly attacks the legitimacy and value proposition of XRP, suggesting it's primarily a speculative asset without inherent worth. This criticism comes from a prominent figure within the cryptocurrency space and could potentially impact investor sentiment towards XRP.

Ethereum's network activity surged in August 2025, reaching levels not seen since 2021. Decentralized exchanges on Ethereum processed $135 billion in volume, and total transactions reached 48 million. The total value locked in Ethereum-based projects hit nearly $240 billion. This increase coincided with significant inflows into Ethereum ETFs, which attracted nearly $10 billion since July and $4 billion in August alone. U.S.-listed Ethereum ETFs now hold over $30 billion in assets, representing over 5% of Ethereum's market capitalization. Corporate treasuries and ETFs together hold a substantial portion of the Ethereum supply, leading to a decrease in the amount of Ethereum available. Historically, strong August performances for Ethereum have often led to positive gains in the following months. Whales are also accumulating ETH.

A former Chief Technology Officer of Coinbase stated that Bitcoin will eventually become the leading store of value, surpassing real estate. The statement suggests a shift in how people perceive long-term investment and wealth preservation, with Bitcoin potentially becoming a more favored option than traditional real estate.

Ripple Labs has applied for a U.S. National Bank Charter, which would allow it to operate as a full-scale bank, accepting deposits and issuing loans. If approved by the Office of the Comptroller of the Currency (OCC), this license could significantly increase investor confidence and potentially lead to a substantial increase in the value of XRP. Currently, major banks like Bank of America, Standard Chartered, and SBI Holdings use Ripple's payment services for cross-border transactions, representing less than 10% of global transactions. Approval of the charter could position XRP as a major player in international money movement and increase adoption of blockchain payment technology due to its lower fees and seamless settlement.

Bitcoin has fallen to around $108,769, a 1.22% decrease, after dropping below the $110,000 support level. Technical analysis suggests a bearish trend, with Bitcoin trading below major moving averages. The price is currently testing support in the $105,000-$108,500 range, with the possibility of an oversold bounce. Reports indicate that institutional investors, like BlackRock, are selling Bitcoin, adding to the downward pressure. There's also concern about market manipulation on exchanges. This is happening as major firms shift investments into altcoins like ETH, SOL, BNB, and CRO. If Bitcoin breaks below the $108,500 support, it could fall further to $105,000-$99,000. A successful defense of the $108,500 support could lead to a recovery towards $112,000-$115,000. The overall market sentiment is bearish due to these institutional sales.

21Shares has launched a Hyperliquid ETP on the SIX Swiss Exchange, providing investors with a regulated way to gain exposure to the HYPE token. This new product allows institutional and retail investors to invest in Hyperliquid without needing crypto wallets or direct custody of the tokens. Hyperliquid, a decentralized exchange specializing in perpetual futures, has seen significant growth, processing $319 billion in trades in July and capturing 35% of all blockchain revenue that month. Despite some concerns about market manipulation, Hyperliquid's unique structure, which involves using transaction fees to buy back HYPE tokens, has driven user adoption and trading volumes. Analysts predict continued growth for Hyperliquid and its HYPE token, particularly as more institutional investment products become available.

A major Bitcoin investor, who holds $5 billion in Bitcoin, has restarted buying Ethereum, potentially acquiring up to $1 billion worth of ETH. This indicates renewed interest in Ethereum from a significant player in the cryptocurrency market.

Bitwise, a crypto investment firm, believes Solana (SOL) could soon reach new all-time high prices, similar to Bitcoin and Ethereum's recent performance. They attribute this potential growth to factors like the possibility of Solana exchange-traded funds (ETFs), large investment firms getting involved, and a clear narrative attracting investors. Solana's efficiency and growing use in areas like payments and gaming are making it a strong contender. Bitwise had previously issued a report in January with long-term price targets for Solana between $2,300 and $6,600 by 2030. Bitwise also launched a Solana Staking ETP in Europe, but the SEC has delayed decisions on spot Solana ETFs in the US.

Bitcoin whales are shifting significant amounts of Bitcoin into Ether, with one whale moving $2.59 billion of Bitcoin into $2.2 billion of Ether and taking a $577 million perpetual long position. Nine other whale addresses purchased $456 million of Ether from Galaxy Digital and Bitgo. Ethereum's validator exit queue has reached a record $4.9 billion, causing withdrawal times to lengthen to 18 days. Kanye West's YZY token collapsed by over 80% after an initial surge, resulting in losses for around 51,800 traders, while 11 wallets profited by over $1 million. Hyperliquid token experienced gains following Arthur Hayes' prediction of a potential 126x increase. The broader DeFi market experienced weekly losses, with tokens like OKB and Aerodrome Finance declining, and the total value locked across protocols decreasing.

U.S. consumer sentiment declined to a three-month low of 58.2 in August, down from 61.7 in July, reflecting increased pessimism about the economy. This drop is attributed to higher prices, tariff disputes, and rising concerns about job security, with 63% of consumers anticipating a rise in unemployment. The index of consumer expectations, measuring economic prospects over the next six months, also fell to its lowest level since May. Despite weakening confidence, consumer spending increased in July, driven by rising incomes, but this spending is cautious, focusing on essential items due to persistent inflation. The core personal consumption expenditures (PCE) index rose 2.9% in July, indicating stubborn inflation. Short-term inflation expectations rose to 4.8%, and longer-term expectations also ticked up to 3.5%, raising concerns about sustained higher prices influencing consumer behavior.

Google Cloud has launched Google Cloud Universal Ledger (GCUL), a new blockchain network designed for banks and financial institutions. GCUL uses Python-based smart contracts and operates as a private, permissioned network to meet regulatory requirements. CME Group is testing GCUL, with broader testing planned for later in 2025 and a full commercial launch expected in 2026. Google's GCUL aims to offer a neutral platform unlike blockchains tied to specific companies, such as Stripe's Tempo or Circle's Arc. The platform features single API access, compliance tools, 24/7 infrastructure, and a stable billing model. GCUL targets cross-border payments, asset tokenization, and wholesale payment processing. Some experts question Google's neutrality due to its existing business interests, while the success of GCUL will depend on trust and competitive pricing relative to current payment systems.

As of August 29, 2025, Solana (SOL) is priced around $214.5, up nearly 5.5% from the previous day and nearly 50% year-to-date. Solana's trading volume surpassed Ethereum, reaching $4.6 billion in 24 hours. BJMINING, a cloud mining platform, offers contracts allowing investors to earn daily returns from their SOL holdings. BJMINING, established in 2015 and headquartered in the UK, operates 60 mining farms across 180 countries, serving over 5 million users. They offer a $15 trial bonus upon signup and daily income settlements with flexible withdrawals in multiple cryptocurrencies. The platform also provides cybersecurity protection and a referral rebate mechanism. Several contract options are available, such as a $100 investment returning $106 in 2 days, or a $27,000 investment returning $48,870 in 45 days. BJMINING aims to expand its green mining operations in Asia and the Middle East.

The article is an interview with Prabal Banerjee about scalability, interoperability, and the future of Decentralized Finance (DeFi). To access the full article, including the audio interview and video, readers are directed to thedefiant.io for more DeFi and Web3 news.

Bitcoin and the broader cryptocurrency market experienced a significant downturn with Bitcoin falling below $110,000. This drop is attributed to market reactions following President Trump's imposition of a 50% tariff on Indian imports. The tariff decision led to a rush towards the U.S. dollar and other safer assets as the Indian Rupee hit a new low. The crypto market experienced a loss of $130 billion in 24 hours. The tariffs are a result of the U.S. concern over India's continued purchase of discounted Russian oil. This move has further strained global supply chains and raised concerns about global inflation, contributing to the sell-off in cryptocurrencies.

Spain has cancelled a 10 million Euro (11.7 million USD) fiber-optic contract with Telefonica because the telecom company uses equipment from Huawei. The Spanish Digital Transformation Ministry cited digital strategy and strategic autonomy as the reason for the cancellation, which would have connected several government departments, including the Defense Ministry. Telefonica has been reducing its reliance on Huawei in Spain, and many European Union countries are implementing rules to reduce dependence on Huawei infrastructure due to security concerns. While Telefonica has pledged to replace Huawei 5G infrastructure in some areas, it still uses Huawei equipment in Spain and other countries. Other European nations are also implementing restrictions on Huawei equipment, but the EU has not mandated a complete ban, leaving the decision to individual countries. Huawei denies posing a security threat and insists it complies with regulations.

Ethereum has reached a new all-time high, exceeding $4,900, driven by ETF inflows and increased network activity. Simultaneously, Pepeto, a new memecoin built on Ethereum, is in presale at $0.000000149 and has raised over $6.5 million with consistent daily purchases. The project features PepetoSwap, a zero-fee exchange; a cross-chain bridge; and staking with a 237% APY and has undergone audits by SolidProof and Coinsult. Pepeto's tokenomics allocate 30% to presale, 30% to staking, 20% to marketing, 12.5% to liquidity, and 7.5% to development. Some investors see holding both Ethereum for stability and Pepeto for potential high growth as a balanced crypto strategy for 2025. The Pepeto presale is currently open, but potential investors are cautioned to only buy from the official website to avoid scams.

Over 1 million Ethereum (ETH), worth about $5 billion, is currently waiting to be withdrawn from staking. This large number of validators exiting has created a backlog of about 18 days for withdrawals. This exit queue has grown rapidly, increasing from over 916,000 ETH on August 20th to over 1 million within two weeks. While the exit queue is significant, the entry queue to become a validator has also increased, reaching over 726,000 ETH. Analysts suggest that this validator exit may represent capital rotation within the Ethereum ecosystem rather than a mass sell-off. Some large stakers may be moving funds into liquid staking or preparing for potential Ethereum ETFs.

Ripple is hosting its Swell 2025 event in New York on November 4th and 5th. Key speakers include Ripple's CEO Brad Garlinghouse, Co-founder Chris Larsen, and executives from companies like Nasdaq, BlackRock and Fidelity. Discussions will cover topics like tokenization, payments, cryptocurrency regulations, and crypto financial services. A potential major talking point is Ripple's expected acquisition of stablecoin platform Rail around the same time. Community members have expressed excitement about Larsen's appearance, but some have questioned the inclusion of chef Jos Andrs as a keynote speaker. Currently, the price of XRP is around $2.90, a decrease of over 3% in the last 24 hours.

Dogecoin's price is currently around $0.22, and experts predict a potential rise to $0.31 if it breaks past the $0.25 resistance level, supported by strong trading volume and positive momentum. However, a drop below $0.21 could lead to a decrease to $0.19. Whale activity is mixed, with significant accumulation suggesting confidence, while large outflows indicate potential selling pressure. Increased trading volume and a rise in the Relative Strength Index above 60 are seen as indicators of a bullish trend. The article says that macroeconomic factors, such as potential U.S. Federal Reserve rate cuts and speculation about a Dogecoin ETF, could also influence the price. Investors should consider their risk tolerance and investment timeline before investing in Dogecoin.

Bitcoin's price is currently testing the $110,000 support level. Data indicates that over 90% of Bitcoin is currently profitable, a level that has historically led to increased market volatility. Despite potential short-term corrections, BlackRock has added $51 million worth of Bitcoin to its institutional fund wallets, showing continued institutional interest. If Bitcoin holds above the $110,000-$105,000 range, analysts predict a move towards $125,000. However, falling below this range could lead to further price declines towards $100,000 or $95,000. The reaction to the $110,000 support level is critical in determining Bitcoin's medium-term direction.

Ethereum's price has fallen by over 5% to around $4,300, but signals suggest this dip might be temporary. Long-term holders are selling less Ethereum, with profit-taking down 74% from earlier in August. Historically, similar drops in selling have preceded price rallies. Simultaneously, large Ethereum holders (whales) have increased their holdings by roughly $1 billion worth of ETH in the last two days. Key price levels to watch are $4,255, which needs to hold to prevent further decline, and $4,406, a break above which could trigger a price increase. A drop below $4,064 could signal a short-term bearish trend.

Amplify, an investment firm managing $12 billion, has filed with the SEC to launch an XRP Option Income ETF. This new ETF, if approved, will generate income by writing or selling options contracts on XRP. This means the fund will potentially profit from the premiums earned from these options, offering investors a way to gain exposure to XRP without directly holding the cryptocurrency. The filing indicates a growing interest in providing regulated investment products related to XRP.

Strategy Investors has dropped their class action lawsuit which alleged misrepresentation of Bitcoin accounting. The lawsuit concerned how Bitcoin holdings were represented financially. The dismissal concludes the legal action initiated by Strategy Investors related to the company's Bitcoin accounting practices.

A Hollywood thriller called 'Killing Satoshi' is being made about the mystery surrounding the true identity of Satoshi Nakamoto, the creator of Bitcoin. The film, directed by Doug Liman and written by Nick Schenk, is scheduled for release in 2026 and will star Casey Affleck and Pete Davidson. The plot revolves around a group challenging a powerful network trying to keep Nakamoto's identity a secret, focusing on Nakamoto's large Bitcoin holdings, estimated to be worth over $120 billion. Arkham intelligence analysts believe Nakamoto mined approximately 1.1 million Bitcoin in the early days of the network, and these coins remain untouched, adding to the intrigue and forming a key element of the film's storyline.

Bitcoin fell below $109,000, its lowest since July, and Ethereum dropped to around $4,295, triggering over $535 million in liquidations in the crypto market. XRP and Solana also decreased in value. The decline was influenced by recent inflation data, causing concerns about the Federal Reserve maintaining higher interest rates. Bitcoin had previously reached a high of $124,128 earlier in August but is now significantly below that peak, while Ethereum is down from its recent record of $4,946. Analysts suggest September could bring further market volatility, although some traders still anticipate Ethereum reaching $5,000 by the end of the year.

Bitcoin's holding patterns suggest a potential uptrend might resume around late September. This cycle differs from past ones because institutional investment, like spot Bitcoin ETFs and nation-state adoption, has made the bull market last longer with a less steep increase. Market momentum can slow down when money shifts to altcoins, a pattern seen multiple times recently. The expectation of a Federal Reserve rate cut in September, with Polymarket traders placing 81% odds on a 25 basis point cut, and potential altcoin ETF approvals in October create a favorable policy environment. This, combined with Bitcoin's historical strength in autumn, could drive renewed market growth after the current consolidation. Institutional adoption has changed Bitcoin's cycle dynamics, creating more stable demand and extending the cycle's duration, and could present attractive opportunities for accumulation.

The cryptocurrency market is anticipating potential approval of nearly 90 crypto ETFs by the SEC, including those for Solana, Chainlink, Cardano, and Dogecoin. Analysts predict that if these ETFs are approved, Bitcoin could reach $150,000, Ethereum could climb to $7,000, and Solana could surge to $300. Price targets for other altcoins include Chainlink at $40, Cardano at $1.50, and Dogecoin at $0.35. Decisions from the SEC regarding these ETF applications are expected between October and December.

The Solana Policy Institute (SPI) has pledged $500,000 to support the legal defense of Roman Storm and Alexey Pertsev, the co-founders of Tornado Cash. This funding aims to assist with Storm's post-trial motions and Pertsev's appeal. Storm was convicted in the U.S. for operating an unlicensed money-transmitting business, while Pertsev was found guilty in the Netherlands for money laundering related to Tornado Cash. Tornado Cash is a tool that allows users to hide the origin of their cryptocurrency transactions. The crypto community has largely rallied in support of Storm and Pertsev, believing the cases threaten open-source development and that developers should not be penalized for how others use their tools. The Free Roman Storm Fund has raised over $5.5 million towards its $7 million goal. Other contributors include individual donations and pledges from figures such as Carrone, Vitalik Buterin, The Ethereum Foundation and Paradigm.

The Ethereum Foundation's Ecosystem Support Program (ESP) has temporarily stopped accepting new grant applications. This pause is due to a large number of applications that made it difficult for the ESP to address new priorities. The ESP wants to redesign its funding approach to be more focused and strategic. Support for current grant recipients will continue, but no new applications will be reviewed until the fourth quarter of 2025, when a new process is expected to be announced. The ESP is expected to focus more on infrastructure, open standards, and tooling. Other Ethereum Foundation grant programs are not affected by this change.

Eliza Labs, formerly AI16z, is suing Elon Musk's social media platform X. The lawsuit alleges that X removed Eliza Labs' accounts to stifle competition in the AI agent market. Eliza Labs claims X's new AI Agent, Ani, was launched shortly after X gained access to confidential information about Eliza Labs' AI agent code, following a cease-and-desist order sent by Eliza Labs. According to the lawsuit, X communicated with Eliza Labs from June to August to gather information about creating, developing, and deploying AI agents. X's pilot AI companion chatbot, Ani, was released in July.

Worldcoin's price is currently holding steady around $0.95, with analysts suggesting potential for future increases. The price has been trading between $0.88 and $1.00, indicating a balance between buyers and sellers. If the price stays above $0.88, analysts predict it could rise to $1.16, $1.30, and potentially $1.46. The cryptocurrency's trading volume is high, around $131.9 million, showing significant interest. Looking at a longer-term view, analysts suggest Worldcoin could reach $2.31 and even $3.33 in the future. This positive outlook is based on the coin's liquidity, supply, and general market interest, with expectations of a potential multi-year uptrend.

UNI is experiencing bearish pressure with its market capitalization at $5.9 billion. Open interest has declined to around $193 million, suggesting reduced leveraged positions and waning confidence in a bullish breakout. The price is trading around $9.92, down 1.49%, oscillating between $9.70 and $10.10, indicating market indecision. Technical indicators, such as the MACD, signal sustained selling pressure, with the price potentially heading toward support zones between $9.20 and $9.00. Market participants are advised to monitor open interest and volume trends for buying signals and watch critical support zones for downside defense.

A new cryptocurrency called Little Pepe (LILPEPE) is being promoted as a potential high-return investment, with claims it could deliver 50x returns before potential ETF approvals for Solana (SOL), Dogecoin (DOGE), and XRP. Little Pepe is a Layer 2 blockchain project designed to combine meme culture with blockchain technology, offering low transaction fees and resistance to bot manipulation. The project is currently in its presale phase at $0.0022 per token, with approximately 26.5% of tokens allocated to presale participants. The project's roadmap includes exchange listings and the development of a meme-focused launchpad. The development team is supported by anonymous specialists who have previous experience in the rollout of leading meme tokens. To promote engagement, the project is running a giveaway of $77,000 worth of tokens to 10 winners.

Eliza Labs, an AI company, is suing Elon Musk's X Corp, claiming that X Corp suspended their account after gaining access to key technical information, and then launched similar AI products. Eliza Labs alleges that X Corp used its monopoly power to remove them from the platform after they declined to pay a $50,000 monthly fee for an enterprise license. Eliza Labs also claims that X's actions harmed their customer relationships and growth after being removed from the platform in June. This lawsuit comes shortly after Musk's xAI sued Apple and OpenAI for allegedly conspiring to stifle AI competition, arguing that Apple favors OpenAI in its app store rankings, while the X app is not being given the same promotion. OpenAI has called the lawsuit harassment. Legal analysts believe that the cases will give U.S. courts their first chance to assess whether there is a defined market for AI and what it encompasses.

This week's crypto news highlights significant developments in U.S. financial regulation. Despite Bitcoin's recent price pullback from its all-time high of $124,000 to around $112,000, Bitcoin Magazine CEO David Bailey predicts continued institutional investment will prevent a bear market. The Commodity Futures Trading Commission (CFTC) is upgrading its surveillance capabilities by adopting Nasdaq's Market Surveillance platform to combat fraud and manipulation. However, the CFTC faces a leadership crisis with multiple commissioner departures, leaving only one remaining. To address this, the CFTC issued an advisory allowing foreign exchanges to offer direct market access to U.S. traders under certain conditions. Meanwhile, Donald Trump's team is starting the selection process for a successor to Federal Reserve Chair Jerome Powell, whose term ends in May 2026, signaling potential shifts in monetary policy.

Bitcoin's price has recently decreased by approximately $15,000 from its peak, signaling a slowdown in the current market cycle. Despite this, analysts predict a significant rally will occur in the fall of 2025. This expectation is based on historical data of Bitcoin's market cycles, which show that the current cycle is nearing its end. The introduction of spot ETFs, growing institutional adoption, and nation-level engagement are affecting the current market patterns. There's an increasing shift of investment towards altcoins. Anticipated rate cuts in September and potential approval of spot ETFs for altcoins in October could stimulate growth. Predictions suggest that a peak could occur between late October and mid-November 2025, following the historical patterns of previous bull runs and the post-halving events.

21Shares has filed with the SEC to create an ETF that tracks the SEI token, a cryptocurrency used on the Sei Network, a blockchain designed for fast trading. This follows a similar filing by Canary Capital, making them competitors to launch the first SEI ETF. The 21Shares ETF aims to track the price of SEI and potentially earn more tokens through staking, a process of locking up crypto to support the network. However, 21Shares is still unsure if staking is legally possible within an ETF structure. The SEC has been hesitant about staking in crypto ETFs. SEI is currently ranked as the 74th largest cryptocurrency with a market cap of approximately $1.82 billion, trading around $0.30, despite being significantly below its previous high. Other companies like Bitwise, Grayscale, and Franklin Templeton are also seeking to launch ETFs for other cryptocurrencies like Solana and XRP. If approved, a SEI ETF would allow traditional investors to invest in SEI through standard brokerage accounts, without directly managing crypto wallets.

Sei is a blockchain designed for fast and efficient trading of digital assets. It aims to function like the Nasdaq for decentralized finance by offering high speeds and low delays for trading-focused applications. Key features include a special consensus mechanism for quick transaction confirmation, a system to process many transactions at once, and a built-in order book for trading. Sei is compatible with Ethereum-based applications and can connect with other blockchains. The Sei token (SEI) is used for transaction fees, staking, and governance. The blockchain is attracting interest from institutional investors and is planning upgrades to increase its transaction speed from 20,000 to 200,000 transactions per second. Projects are being built on Sei for decentralized finance, gaming, and NFT marketplaces. There is also interest in using Sei for real-world assets and state-backed stablecoins.

According to Polymarket, a decentralized prediction market, bettors are giving the Digital Asset Market Clarity Act (CLARITY Act) a 35% chance of being signed into law by the end of 2025. This represents a significant decrease from a high of 87% in mid-July. Senator Cynthia Lummis hopes the legislation will move through key committees in the coming months, with the goal of reaching the President's desk before the end of the year, potentially before Thanksgiving. The CLARITY Act aims to clarify regulations for digital assets and establish distinctions between digital asset securities and commodities.

Bitcoin's price has dropped below $110,000, with traders closely watching the $105,000 level as a potential support point for a rebound. The decline occurred amidst high trading volumes and ongoing interest from institutions, shown by continued investment into Bitcoin ETFs. Technical indicators suggest possible short-term weakness, but analysts point to factors like whale activity, consistent ETF inflows (reaching over $54 billion cumulatively), and the upcoming Bitcoin halving in 2025 as potential drivers for a price increase in the future. Some experts maintain a bullish outlook, viewing Bitcoin as an inflation hedge, with some traders betting on prices as high as $190,000 by December. Key levels to watch are the $105,000 support and the $118,000 resistance, with a potential year-end target of $150,000 or higher if Bitcoin can hold its support.

DeFi Development Corp has significantly increased its holdings of Solana (SOL) by purchasing 407,247 SOL at an average price of $188.68, totaling approximately $76.8 million. This acquisition brings their total SOL holdings to 1,831,011 SOL, valued at around $371 million. The company aims to expand its SOL treasury further, fueled by a recent announcement to raise about $125 million in equity. This move aligns with a general increase in institutional interest in Solana, which has boosted the network's performance. Solana's Decentralized Finance (DeFi) ecosystem has seen its Total Value Locked (TVL) reach $11.56 billion, its highest point since January 2025. Solana has also surpassed other blockchains in Decentralized Exchange (DEX) volume, recording approximately $4.604 billion. SOL's price has increased by nearly 15% in the last week, pushing towards the $213 mark.