A new publicly traded company plans to raise $200 million to invest in Dogecoin. The company, backed by the Dogecoin Foundation's House of Doge, aims to give investors exposure to Dogecoin without requiring them to directly own the cryptocurrency. Alex Spiro, Elon Musk's long-time lawyer, is expected to chair the new company. This development occurs as other companies, like Neptune Digital Assets and Bit Origin, are also adding Dogecoin to their balance sheets. Bit Origin plans to raise $500 million for this purpose. In other news, Eliza Labs has sued Elon Musk's X Corp, alleging anticompetitive behavior, and Ex Populus has filed a trademark lawsuit against Musk's AI company, xAI.

Bitcoin ETFs are experiencing significant outflows of funds. Simultaneously, Amdax, a digital asset firm, has announced a $23 million initiative to increase its Bitcoin treasury holdings.

Ethereum spot ETFs are seeing significant inflows, with August recording a 44% jump to $13.7 billion. On August 11th, Ethereum had its largest single-day inflow of over $1 billion, driven by institutional buying. Currently, corporations hold about 3.7% of the total Ethereum supply, with Bitmine Immersion Tech holding $7.81 billion and SharpLink Gaming holding $3.48 billion. Factors driving Ethereum's growth include the GENIUS Act, which aims to regulate stablecoins, and the 401(k) amendment, which allows crypto in retirement funds. Ethereum's upgrades, like the recent Pectra upgrade, are also improving its accessibility and utility. The article suggests considering Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and Solana ($SOL) as potential altcoin investments. Bitcoin Hyper aims to add Layer 2 features to Bitcoin, Best Wallet Token powers the Best Wallet, and Solana is attracting institutional investment and has potential ETF approval.

Bitcoin's price has recently fallen below $109,000 amidst a general selloff in the cryptocurrency market. This decline is partly attributed to a large options expiry event. Historically, Bitcoin tends to perform poorly in August, and this year was no exception, with a nearly 5% drop. There's uncertainty about whether Bitcoin can recover in September, as historical data shows mixed results. Some analysts remain optimistic, pointing to technical patterns that suggest a potential bullish trend. However, others warn that Bitcoin needs to hold the $112,000 support level to avoid a larger correction, potentially falling to $103,000. One analyst suggested a possible surge to $150,000 is still possible.

Grayscale, a large crypto asset manager, has updated its applications with the U.S. Securities and Exchange Commission (SEC) for exchange-traded funds (ETFs) based on the cryptocurrencies Cardano (ADA) and Polkadot (DOT). These updates involve submitting S-1 registration forms, which detail how the ETFs would operate. The SEC is expected to make decisions on numerous crypto ETF applications soon. Polymarket data indicates high optimism for a spot ADA ETF being approved this year, with current odds at 87%. The prices of both ADA and DOT have recently declined, mirroring broader market trends, but are showing signs of recovery. The crypto community anticipates potential price increases for both assets if their respective ETFs are approved in the US.

Bitcoin's price has fallen to $108,532, a low not seen in eight weeks, with a 24-hour trading volume of $74.29 billion and a market capitalization of $2.16 trillion. It's currently trading within a descending channel, testing the lower boundary around $108,594. Resistance is seen at the 50-period simple moving average (SMA) around $110,787. Key support levels to watch are $107,335, $105,000 and $103,000, while resistance is around $111,350. A break above $111,350 could lead to a recovery towards $115,700. Bitcoin Hyper ($HYPER), a new project aiming to combine Bitcoin security with Solana speed, has a presale underway that has raised over $12.7 million.

Tether has decided to pause its plan to freeze USDT stablecoins on five blockchains: Omni Layer, Algorand, EOS, Bitcoin Cash SLP, and Kusama. While users can still transfer USDT on these chains, Tether will no longer issue or redeem USDT on them, meaning they won't be officially supported like other USDT tokens. This decision reverses the initial plan to end support on these chains on September 1. The change comes after feedback from the communities using those blockchains. The move is part of Tether's strategy to focus on chains with strong developer activity and user demand, like Tron ($80 billion USDT) and Ethereum ($72 billion USDT). The most affected chain is Omni Layer, holding $82.9 million USDT. Tether had previously announced plans to stop issuing USDT on these chains starting in August 2023. The total stablecoin market is about $285.9 billion, with USDT and USDC leading at $167.4 billion and $71 billion, respectively. Recently, the GENIUS Act was signed into law in the US, with expectations that the stablecoin market will grow to $2 trillion by 2028.

Super Micro Computer's stock price fell nearly 5% after the company disclosed weaknesses in its internal financial controls in its annual SEC filing. These issues, identified as of June 30, 2025, could affect the accuracy and timeliness of the company's financial disclosures. The company is working to fix these problems but can't guarantee the fixes will be adequate or that further issues won't be found. Super Micro had previously delayed its annual report, leading to its former auditor, Ernst & Young, resigning. Despite a surge earlier in the year driven by optimism around AI, the stock had already dropped 23% after a revenue forecast revision, and the recent decline threatens to erase over $1 billion from its market value. An internal probe found no misconduct, and the company is implementing leadership changes and improvements to its financial controls. CEO Charles Liang acknowledged that the filing delays had negatively impacted the business.

BlockchainFX (BFX) is gaining traction as a promising crypto presale for 2025, having raised over $6.2 million with more than 6,600 participants at a presale price of $0.021 per token, with a launch price set at $0.05. The platform aims to connect DeFi with traditional markets, allowing users to trade various assets like crypto, stocks, forex, and commodities from a single platform. Presale investors can potentially gain 138% upon launch, and analysts predict a possible rise to $1, representing a 4,660% increase. Bonuses such as AUG35 and BLOCK30 offer additional tokens, and a $500,000 Gleam giveaway further incentivizes investment. In contrast, SUBBD, an AI-powered content creator platform priced at $0.0563, is struggling to gain similar presale momentum. BlockchainFX highlights strong security measures, including third-party audits and KYC verification, and offers staking rewards up to $25,000 USDT, along with a BFX Visa Card.

XRP's price is currently at $2.83, a decrease of 2.67% in the last 24 hours and 7.5% over the week, but still up 30% over the last three months. Despite the recent dip, there are signals suggesting a potential price rebound, possibly back to $3. Large XRP holders (whales) have significantly reduced the amount of XRP they're sending to exchanges, indicating less selling pressure from them. Also, the taker buy-sell ratio, which measures buying and selling aggressiveness, is at a level that has historically preceded price increases. Technically, the Relative Strength Index (RSI) shows a bullish divergence, suggesting weakening downward momentum. If XRP closes above $2.84, it could move towards $2.95 and then $3.00. However, if it closes below $2.72, the bullish outlook would be invalidated.

Bitcoin and Ethereum ETFs experienced significant outflows totaling $290 million following the release of inflation data showing a 2.9% increase in the core PCE index. Ethereum ETFs saw $164.64 million in outflows, ending a five-day inflow streak, while Bitcoin ETFs had $126.64 million in outflows, their first decline since August 22. Fidelity's FBTC led Bitcoin outflows with $66.2 million withdrawn, while ARK Invest and 21Shares ARKB saw $72.07 million in combined outflows. Despite the inflation news, markets still anticipate a possible Federal Reserve rate cut if the labor market weakens. Ethereum ETFs have shown overall growth since July 2024, with assets increasing from $9.5 billion to $13.7 billion by August, driven by institutional adoption.

DeFi Development has launched DFDV UK, the first Solana public treasury in the United Kingdom, as part of a global expansion. This follows their recent purchase of 407,247 $SOL for $77 million, increasing their total $SOL holdings to 1,831,011, valued at $371 million. The company's stock (DFDV) jumped almost 8% after the purchase announcement. The article also highlights Snorter Token ($SNORT), a new Solana-based token in presale building a Telegram trading bot. The Snorter Token presale has raised over $3.5 million, with analysts predicting a potential price increase to $0.94 by the end of 2025 and $3.25 by 2030. $SOL is currently trading around $202 and may test a resistance point at $213, with potential to reach $300 during the next alt season.

FY Energy is promoting its cloud mining platform, highlighting it as a way for individuals to earn passive income through cryptocurrency mining without managing equipment. The platform offers various cloud mining contracts with fixed return rates and daily payouts, starting with a $20 bonus for new users. FY Energy, a registered and regulated platform in the USA with a FinCEN MSB license, allows mining of multiple cryptocurrencies like Bitcoin, DOGE, SOL, and XRP using solar and wind-powered data centers. Contract prices start at $100, with varying durations and daily earnings, and the platform offers a three-tier affiliate program and a VIP Club for additional income opportunities. The company emphasizes security measures, including offline cold wallets and encryption, and provides contact information and a website address.

Several asset management companies are getting closer to launching a Solana Spot ETF, a fund that tracks the price of Solana. Firms like Canary Capital, Franklin Templeton, and VanEck have submitted updated paperwork to the SEC, indicating progress in the approval process. These filings suggest that the SEC is actively reviewing the applications, potentially leading to approval. Rex Shares is also restructuring its Solana Spot ETF to improve its tax efficiency. The market is expecting approvals for Solana Spot ETFs to begin as soon as October. In other news, data shows that a significant amount of Solana was purchased around the $180 price level, making it a key support level for the cryptocurrency. Solana is currently trading around $204.

Bitcoin is currently trading around $108,000, about 14% below its all-time high. An analyst, KillaXBT, believes Bitcoin could rise to around $116,939 to fill a gap in the Chicago Mercantile Exchange (CME) futures market, which closed at $116,939 last weekend before reopening at a lower price. Historically, Bitcoin has filled CME gaps 98% of the time. The analyst also points to $5 billion printed in under a week, a possible positive sign. However, a drop below $100,000 would negate this bullish outlook. Bitcoin is down 3.44% in the last day and is currently trading at $107,954.

The cryptocurrency market experienced a slight downturn, decreasing by 0.8% over the last 24 hours and 6.5% over the week, resulting in a total market capitalization of $3.78 trillion. Bitcoin is currently trading near $108,475, showing a daily decrease of 1.44% and a weekly decrease of 6.29%. It faces potential further drops towards $107,400 and $105,000 if it cannot recover above $111,000. Ethereum is valued at $4,401, showing a small 0.31% increase in the last 24 hours, but a 6.57% decrease for the week. It could decline to $4,150 if it fails to maintain its current level, though breaking above $4,480 could trigger a rally towards $4,577. XRP is trading around $2.83, down 1.39% in the last 24 hours and 7.46% over the week. It might fall to $2.60 if it drops below $2.75, but a rise above $2.92 could lead to a retest of $3.09. The decline in Bitcoin is attributed to large sell-offs, high leverage liquidations, and general market uncertainty. Ethereum's rebound potential to above $4,700 hinges on reclaiming $4,480 and $4,577. XRP's recovery above $3 depends on a solid close above $2.92.

Convano, a Japanese nail salon company, aims to raise approximately $3 billion to acquire 21,000 Bitcoin, representing 0.1% of the total Bitcoin supply. The company has already raised 2% of the necessary funds, holding around 365 Bitcoin. They plan to increase their stock price tenfold to generate capital for further Bitcoin purchases, similar to a strategy used by Michael Saylor. The company cites the weakening Yen and geopolitical risks as reasons for investing in Bitcoin as a long-term store of value. They intend to purchase Bitcoin in three phases, estimating the average price per coin at 19.9 million yen, with Nomura Securities and SMBC Nikko Securities acting as brokers. Japan is emerging as a hub for Bitcoin accumulation via listed companies, with Metaplanet already holding approximately 19,000 Bitcoin. Convano's success relies on investor confidence and Bitcoin's continued appeal.

A false rumor claiming Donald Trump died on August 30, 2025, spread on social media platform X (formerly Twitter) due to a misinterpretation of Vice President JD Vance's comment about presidential succession. Trump's physician has confirmed his excellent health. This isn't the first time fake news involving Trump has circulated, as a previous video falsely claimed he revealed the Bitcoin Whitepaper. These types of rumors can impact the crypto market because Trump and his businesses are increasingly involved in the crypto space. His media company is investing billions in Bitcoin and exploring crypto-related exchange-traded funds, and he launched a meme coin named TRUMP. Such false information can damage investor confidence and cause price volatility, affecting his meme coin, personal businesses, and general market sentiment.

Amplify ETFs has filed an application with the SEC for an XRP Options Income ETF. This ETF aims to generate monthly income for investors through covered call options strategies on XRP, differing from a typical spot ETF that directly holds the underlying asset. While the SEC has approved futures-based XRP ETFs, it continues to delay decisions on spot XRP ETF filings. Some believe that Amplify ETFs' application may have a higher chance of approval due to its unique strategy. Prediction markets currently estimate a high probability (almost 90%) of a spot XRP ETF being approved in the US in 2025.

El Salvador has moved its Bitcoin holdings, totaling 6,274 BTC (approximately $678 million), from a single address to 14 new addresses, each holding no more than 500 BTC. This action is a proactive measure against potential future threats from quantum computing, which could compromise the cryptography that secures Bitcoin. The country aims to mitigate risk by distributing its reserves, so that a potential quantum attack would only affect small portions instead of the entire amount. While some industry leaders like Tether's CEO and Michael Saylor downplay the immediate threat and suggest Bitcoin can be upgraded, El Salvador's move demonstrates a forward-thinking approach to safeguarding digital assets against evolving technological risks.

In 2025, Strategy (MSTR) has become a significant player in U.S. capital markets by issuing multiple preferred stock offerings (STRK, STRF, STRD, STRC), raising approximately $5.6 billion, which represents 12% of all U.S. IPO issuance this year. These offerings have helped Strategy fund its bitcoin holdings, which currently stand at 632,457 BTC, making it the largest corporate holder of bitcoin. Performance of the preferred stocks has varied, with STRF showing a 31% lifetime return while STRD has a negative 6% return. Strategy's enterprise value relative to its bitcoin holdings is 1.60, but MSTR stock is up 13% year-to-date, less than bitcoin's 18% gain. Other notable U.S. IPOs in 2025 include Bullish (BLSH) and Circle (CRCL), contributing to a total of $42 billion raised and highlighting a renewed interest in crypto-related investments.

Ripple's CEO, Brad Garlinghouse, predicts the cryptocurrency market could reach $25 trillion by 2030 due to instability in traditional currencies. The current crypto market cap is $3.72 trillion, a nearly 400% increase in the last three years. The article highlights three altcoins as potential buys: Snorter Token ($SNORT), which powers a Telegram trading bot for meme coins and has raised over $3.55 million in presale; Maxi Doge ($MAXI), a meme coin aiming to surpass Dogecoin and has secured over $1.66 million in funding; and Ethereum ($ETH), which has seen significant investment from institutions like BlackRock and Goldman Sachs. The article suggests these altcoins are well-positioned for potential growth but reminds investors that crypto investments are risky and to conduct their own research.

El Salvador is dividing its $678 million Bitcoin holdings as a proactive measure against potential threats from quantum computing. This action aims to safeguard the country's digital assets by distributing them across different storage locations and likely utilizing more advanced cryptographic methods to enhance security against future quantum computing attacks. The redistribution of Bitcoin is a strategic move to protect against the possibility of quantum computers one day being able to break current encryption methods.

Dogecoin's price experienced volatility in late August 2025, peaking above $0.24 before settling around $0.21. Analysts have identified a symmetrical triangle pattern on Dogecoin's weekly chart, suggesting a potential breakout. An upward break from this pattern could face resistance around $0.47, with Fibonacci projections indicating possible targets above $1.30. Conversely, a downward break could see support near $0.09. Historical data shows Dogecoin's price has experienced significant surges in the past, followed by corrections and consolidation periods. While current momentum is weaker than in previous rallies, the existing structure shares similarities with past phases that led to upward movement. Market analysts are anticipating a decisive move soon that will determine Dogecoin's trend for the rest of 2025.

El Salvador is changing how it stores its Bitcoin reserves to better protect against future hacking threats. Instead of keeping all its Bitcoin in one place, it's spreading it out across multiple digital wallets, with each wallet holding no more than 500 BTC. The government says this move aligns with global best practices. This shift is primarily to address concerns about potential future quantum computer attacks that might be able to break Bitcoin's security. By spreading the Bitcoin across many wallets, El Salvador reduces the risk of a large loss if one wallet is compromised. Currently, El Salvador holds 6,284 BTC, worth over $681 million, distributed across 14 new addresses and the government plans to increase its Bitcoin holdings to almost $1 billion by the end of the year.

A discussion on Reddit suggests XRP could reach $100 or higher, despite concerns about its market capitalization. The argument centers on XRP's utility in facilitating global payments, where its high velocity could support substantial transaction volumes with a relatively smaller supply. Analysts like Armando Pantoja support this view, citing the importance of technology adoption over market cap. A favorable court ruling in August 2025, declaring XRP not a security in secondary markets, has increased institutional interest, leading to applications for XRP ETFs. Ripple's payment network now covers over 90 markets and 55 currencies, enhancing XRP's practicality for cross-border settlements.

Tether, the company behind the USDT stablecoin, has changed its plans regarding five smaller blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Initially, Tether planned to completely freeze USDT on these chains by September 1, 2025, preventing any transfers. Now, they will allow transfers to continue but will stop creating (issuing) or redeeming new USDT on these networks. This means these chains will no longer be officially supported by Tether. This decision comes as Tether focuses on more popular blockchains like Ethereum and Tron, where most USDT activity occurs. The stablecoin market is predicted to grow significantly, potentially reaching $2 trillion by 2028, with increasing support in the United States. Tether's move reflects a broader trend of stablecoins becoming more integrated into finance, including payments and global transfers, as the sector prepares for substantial growth.

Bitcoin experienced a significant drop, hitting a seven-week low of around $107,000 before slightly recovering to above $108,500. This dip brought Bitcoin's market capitalization down to $2.160 trillion. While most altcoins showed sluggish performance, Cronos (CRO) rebounded strongly, increasing over 11% to above $0.32, following news of increased adoption. OKB also saw a rise, climbing 10% to almost $180, and Pi Network's token increased by 6% to $0.37. The overall crypto market capitalization has since recovered to $3.850 trillion.

The provided article content is missing, therefore I cannot provide a summary about why Bonk Coin is moving up while other crypto prices dip. I need the article content to generate an accurate and informative summary.

Ethereum (ETH) is currently navigating a critical trading period, experiencing some selling pressure after a strong rally. Despite this, Ethereum has outperformed almost all other cryptocurrencies in the past month, demonstrating its strength in the market. Data suggests capital is flowing from Bitcoin into Ethereum, indicating a possible 'Ethereum season' where ETH leads market performance. While some analysts predict continued Ethereum dominance due to increased adoption, others remain cautious about a broader market downturn. Ethereum is trading around $4,366, down nearly 9% for the week, but remains above key long-term moving averages, suggesting a bullish long-term outlook. It's currently testing the $4,200-$4,300 level, which needs to hold to prevent a further decline.

The price of the PUMP token is rising due to aggressive buybacks by Pump.fun, a Solana-based memecoin launchpad. Pump.fun has spent over $62 million on buybacks this month, including $10.66 million between August 20-26 which was 99% of the revenue for that week. These buybacks have reduced the circulating supply of PUMP by over 4.2% to date. This has helped PUMP's market capitalization rebound past $1.29 billion with trading volumes exceeding $335 million in the last 24 hours. Pump.fun has also seen a resurgence in market share, now accounting for 62% of Solana coins and boasting 38,000 daily active users. While the token has broken above short-term moving averages, there are concerns about the sustainability of the buybacks and a concentration of tokens held by early investors, which could lead to volatility.

Hashj is offering cloud mining services for Ethereum (ETH), Bitcoin (BTC), and Solana (SOL), suggesting potential daily earnings of up to $18,500. The service aims to simplify crypto mining by eliminating the need for expensive equipment and technical expertise. According to the article, Ethereum's price is approximately $4,320, Bitcoin is approximately $108,000, and Solana is approximately $200, making them attractive options for cloud mining due to their stability and growth potential. Cloud mining with Hashj allows users to rent mining power from professional farms, avoiding the costs and complexities of traditional mining. Hashj highlights transparency, various coin choices, scalable contracts, instant withdrawals, and security as key benefits. New users can sign up at www.hashj.io and receive $118 in free mining credits to start.

A large investor, known as a Bitcoin OG, has resumed buying Ethereum after a two-day pause, adding $108.27 million worth of ETH. This purchase follows a previous acquisition of $2.94 billion in ETH. The investor converted 1,000 Bitcoin into ETH, signaling confidence in Ethereum's long-term potential despite a recent price dip. Ethereum is currently trading around $4,370, experiencing a slight decline from its recent high of over $4,750. The price drop is testing key support levels, with analysts watching to see if Ethereum can hold above $4,200 to maintain its upward trend. This large purchase suggests that major investors see the price dip as a buying opportunity, reinforcing a bullish outlook for Ethereum.

Amplify Investments has filed with the SEC to create an XRP Monthly Option Income ETF. The ETF aims to generate monthly income for investors by combining XRP price exposure with a covered call strategy, allowing investors to benefit from XRP's market movements while earning income from options. The SEC is currently reviewing over 90 crypto-related ETF filings, including proposals for altcoins like Solana, Litecoin, and Dogecoin. This filing follows a policy shift within the SEC, allowing in-kind creations and redemptions for crypto ETFs. Amplify, which manages $12.6 billion in assets, already has experience with crypto-themed ETFs, including blockchain equities and a Bitcoin income ETF using a similar covered call strategy. The SEC's decision on altcoin ETFs will significantly impact the integration of crypto into mainstream finance.

The cryptocurrency XRP has a large portion of its total supply, over 35%, held by Ripple in escrow accounts. There is an ongoing discussion within the XRP community about whether Ripple should burn these escrowed tokens. Burning the tokens would reduce the total supply, potentially increasing the price, but Ripple's CTO, David Schwartz, believes it would be a waste of money and not guarantee a price increase. If Ripple were to burn its escrowed XRP, one analysis suggests that it could potentially trigger a price rally. In a highly bullish scenario, the price could jump to $12.64, but a more realistic scenario would place the price between $6.02 and $9.03. These price predictions depend on the market reacting positively to the burn, as a reduction in supply does not guarantee an increase in price.

Bitcoin's price has fallen to a two-month low, dropping below $108,500. Despite concerns about a potential market correction, crypto trader VirtualBacon suggests this dip is a buying opportunity. He points to Bitcoin's current price aligning with its 20-week simple moving average, historically a reliable buy zone, and highlights that as long as Bitcoin stays above $95,000, the bull market is considered safe. VirtualBacon dismisses bearish signals, arguing that market top indicators are not yet present. He believes the Federal Reserve's expected rate cuts could inject liquidity into the market, further supporting Bitcoin. Binance founder CZ also urged traders to stop selling dips. Currently, Bitcoin is trading around $108,453, down 1.5% in the last 24 hours, with a market capitalization of $2.16 trillion.

Tether, the company behind the stablecoin USDT, has decided to allow USDT transfers to continue on five blockchains (Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand) but will no longer issue or redeem USDT on these networks. This means while users can still move their USDT on these chains, Tether will not be creating new USDT or allowing users to exchange USDT for other assets on these platforms. The affected blockchains represent a small portion of the total USDT in circulation, with Ethereum and Tron remaining the primary networks for USDT. This decision comes as the stablecoin market is growing, with USDT and USDC being the dominant players, and as U.S. policy shows increasing support for dollar-pegged stablecoins. The broader stablecoin sector is projected to grow significantly in the coming years, potentially reaching $2 trillion, and companies like Western Union are exploring the use of stablecoins to improve global money transfers.

Wormhole's cryptocurrency (W) experienced a price increase following the integration of HyperEVM, which connects it to Hyperliquid's blockchain and expands cross-chain liquidity. The price initially surged by over 33% on August 29, but the gains were quickly lost as Bitcoin's price declined, causing Wormhole to fall back towards the $0.08 support level. Technical analysis indicates bearish pressure, with the price struggling to break past resistance levels. The Chaikin Money Flow is negative, indicating capital outflows, and the Stochastic RSI suggests a potential downward move. Derivatives data shows a split between retail traders, who are largely optimistic, and top traders, who are more cautious. If Wormhole breaks below the $0.08 support, it could fall further to around $0.071.

An Indian court sentenced 14 people, including 11 police officials, to life in prison for kidnapping and extorting a businessman for cryptocurrency in 2018. The businessman, Shailesh Bhatt, was kidnapped and forced to transfer 176 Bitcoin and cash to the kidnappers. The case involved high-ranking police officials, including a former district superintendent and a former BJP MLA. Bhatt had previously obtained Bitcoin from Dhaval Mavani after an investment firm shut down, which led to the extortion plot. Bhatt reported the crime to the Union home ministry, leading to an investigation and the eventual conviction of the perpetrators. The court emphasized that the verdict should serve as a warning against corruption among public officials and ordered the confiscation of seized assets.

On August 29th, Ethereum spot ETFs experienced substantial outflows, totaling $165 million across all nine ETFs. Bitcoin spot ETFs also saw outflows of $127 million. This marks the end of a four-day period of inflows for Bitcoin ETFs, indicating a potential change in investor sentiment towards these crypto investment products.

The article summarizes AI predictions regarding XRP's price movement by the end of 2025. The AI models, including ChatGPT, Grok, and Gemini, were asked about XRP's potential future performance. In a hypothetical scenario, Ripple had a successful 2025, marked by significant partnerships like acquiring Hidden Roads for $1.25 billion, and resolving the SEC lawsuit. XRP reached a high of $3.65 in July, surpassing its previous record. ChatGPT anticipates a rebound for XRP, referencing a $5.50 target from Standard Chartered, with a potential rise to $10-$12 under strong market conditions. Gemini highlights factors like the SEC lawsuit outcome, Ripple's role in Real-World Assets (RWA), and the possibility of XRP ETFs influencing XRP's value. Grok projects XRP to be volatile but expects it to reclaim the $3 support level, with potential fluctuations between $3 and $5.50 or higher by the end of 2025.

Grayscale Investments has filed with the SEC to launch spot ETFs (Exchange Traded Funds) for Polkadot and Cardano. If approved, the Polkadot ETF would trade on Nasdaq under the ticker DOT, while the Cardano ETF would trade on NYSE Arca under the ticker GADA. These ETFs would directly hold the cryptocurrencies, stored in Coinbase custody. These filings are a continuation of previous applications to list these products. Grayscale is also pursuing spot ETFs for Avalanche, Dogecoin, Solana, Litecoin, and a multi-crypto fund. Currently, 92 crypto ETPs (Exchange Traded Products) are awaiting SEC decisions in the U.S., with Solana and XRP being the most popular. Ethereum ETFs have recently seen inflows of $3.9 billion, while Bitcoin ETFs experienced outflows of $750 million. Year-to-date, Bitcoin and Ethereum ETFs have shown significant gains, performing competitively with traditional market ETFs. Analysts suggest that further altcoin rallies may depend on the approval of more crypto ETFs and increased liquidity.

Bitcoin's price history in September has often shown losses, but recent data indicates a possible shift. While historically September has been a weak month for Bitcoin, with prices falling in many past years, 2023 and 2024 showed gains. Increased activity from large Bitcoin holders, or whales, on the Binance exchange suggests that institutions are playing a bigger role in the market. These whales are moving larger amounts of Bitcoin to Binance, possibly preparing for longer-term investments. Market analysts believe that the next significant bull run for Bitcoin is likely to begin in late 2025, potentially boosted by factors such as expected interest rate cuts and the possible approval of new investment products related to other cryptocurrencies. Until then, Bitcoin's price is expected to move sideways with some price drops along the way.

Bitcoin's price has fallen, and its short-term future depends on whether it can climb back above $112,000. Currently trading around $108,000, Bitcoin is in a volatile state. If it stays below $112,000, it could drop further to around $100,000, a potential 7.91% decrease. Analyst Julio Moreno points out that $112,000 represents the average cost for short-term Bitcoin holders, and staying above it is crucial for bullish momentum. Market activity is up, suggesting continued selling pressure, and investor confidence is low, with the Bitcoin Bull Index in a bearish phase.

El Salvador is moving its Bitcoin holdings, currently 6,274 BTC (around $678 million), from one digital wallet to 14 new wallets to improve security against potential future threats from quantum computing. The country believes that splitting the funds into smaller amounts of about 500 BTC per wallet minimizes the risk of a potential quantum attack compromising their Bitcoin reserves. They will monitor these wallets through a public dashboard to maintain transparency. This move comes amidst debate in the crypto community about the real-world threat of quantum computing to Bitcoin, with some experts dismissing it as hype. El Salvador's Bitcoin strategy remains a point of contention with the International Monetary Fund (IMF), who claim the country hasn't bought any new Bitcoin since February, despite El Salvador reporting on X (formerly Twitter) about their Bitcoin purchases. The IMF also secured a $1.4 billion funding deal with El Salvador last December in exchange for reducing its Bitcoin initiatives.

Market analysts are predicting a potential price increase for the cryptocurrency PENGU. This forecast coincides with the release of the 'Pudgy Party' game, now available for download on both iOS and Android mobile devices. The launch of this game is seen as a catalyst that could drive increased interest and investment in PENGU.

Entrepreneur Erik Bergman lost $1.25 million in a cryptocurrency scam that started with a fake call from MrBeast and Mark Rober about a charity donation to Team Water. Bergman pledged $1 million and was then added to a WhatsApp group with individuals impersonating celebrities, who then promoted an exclusive early Coinbase token investment. Bergman invested $500,000 initially and then added another $750,000 after being told the tokens had increased in price. He later discovered the entire scheme was fraudulent after noticing inconsistencies and confirming with the real MrBeast. Despite the financial loss, Bergman is sharing his experience to help others avoid similar scams and remains committed to his genuine donation to Team Water.

The meme coin market is experiencing contrasting movements, with BONK increasing in value while Dogecoin decreases. BONK is currently priced at $0.00002234, showing a 4.77% increase in the last 24 hours, and its market activity is rising due to its integration within the Solana network and the growing popularity of its Bonk.fun launchpad. Dogecoin, on the other hand, is trading at $0.2166, a 0.87% decrease in the last 24 hours, facing challenges as investors shift towards AI and DeFi investments, and after a DOGE ETF update that didn't excite the market. BONK may face resistance around $0.000024 and support at $0.00002038. Dogecoin is holding support at $0.2106, but a drop below this level could lead to further declines.

The White House is looking to expand its investments in private companies, similar to its recent purchase of nearly 10% of Intel. This has led to speculation about whether the government might target Ripple's escrowed XRP. Ripple currently holds 35.6 billion XRP in escrow, worth roughly $100 billion. Some experts suggest the government could gain control of this XRP by changing the keys to the escrow accounts, effectively transferring ownership. While the government has included XRP in its strategic digital asset reserve, it has stated it would not purchase XRP to fill the reserve. Discussions have also involved the possibility of the government seizing the escrowed XRP, potentially viewing it as a national strategy asset, rather than a blockchain asset. Some legal experts have suggested that a recent court decision might have opened the door for the government to claim Ripple's escrow, while others dismiss this idea.

Tron has implemented a 60% reduction in its network fees to encourage more usage and maintain its competitive edge in the stablecoin market. This change, effective August 29th, lowers energy costs significantly. However, the market reacted negatively, with the price of TRX dropping 4%. Short positions against TRX heavily outweigh long positions, with $64 million in shorts compared to $15.9 million in longs. Technical indicators suggest TRX will likely consolidate between $0.33 and $0.36. While Tron's dominance in stablecoins, handling a large portion of Tether's global volume, could be strengthened by the fee cut, it also reduces incentives for TRX stakers. Analysts predict TRX to remain within the $0.33-$0.36 range until a clear breakout occurs, with current market sentiment leaning bearish.

World Liberty Financial, a DeFi project linked to Donald Trump, is planning to launch its USD1 stablecoin on the Solana blockchain. The company announced this move with social media posts hinting at an imminent release and rebranding its logo with Solana's colors. Blockchain analysts have observed technical preparations, including the deployment of Chainlink's CCIP and integration with Solana's lending platform, Kamino Finance. This expansion comes as Solana's stablecoin market exceeds $12 billion, dominated by Circle's USDC and Tether's USDT. The USD1 stablecoin, backed by US Treasuries and cash equivalents, is already available on Ethereum, BNB Chain, and TRON, with a circulating supply nearing $2.5 billion and is among the top six stablecoins. Binance and Bullish crypto exchanges have already adopted it. The addition of USD1 could potentially boost Solana's DeFi ecosystem by providing more liquidity.

Bitcoin's price has fallen below a key support level of $111,500, raising concerns about a potential further drop. This decline follows weeks of sideways trading and increasing selling pressure. Short-term holders of Bitcoin are feeling the pressure, as their average cost basis of around $107,000 is being tested. A significant portion of the Bitcoin supply was bought at an average price of $113,600, leaving many holders underwater and potentially triggering more selling. Bitcoin funds have seen outflows of $1.5 billion, while Ethereum ETFs have attracted inflows, suggesting a shift in capital. The immediate focus is whether Bitcoin can reclaim the $111,500-$113,000 level. Failure to do so could lead to further declines towards $107,000, $104,000, or even $97,000. Institutional investment flows and upcoming Federal Reserve policy updates will also influence Bitcoin's price.

A class action lawsuit against Strategy, a company heavily invested in Bitcoin, has been withdrawn by investors. The lawsuit, filed in May 2025, alleged that Strategy misled investors regarding its financial health and the impact of new accounting standards that allowed them to list Bitcoin holdings at market value. The plaintiffs claimed the company overstated the benefits of this accounting method. The dismissal, filed with prejudice, means the same claims cannot be refiled. Strategy currently holds approximately 632,457 BTC, worth about $70 billion at current prices, acquired at an average price of $73,527 per coin, costing roughly $46.50 billion including fees. Strategy funded recent Bitcoin purchases by selling shares, generating net proceeds of approximately $309.9 million. The company faces ongoing debate over its fair-value accounting practices, which reflect Bitcoin's price volatility in its financial reports, potentially impacting quarterly earnings.

Ethereum's price has recently dropped after reaching new highs, causing uncertainty among investors. However, the underlying activity on the Ethereum network remains strong. The number of monthly transactions on Ethereum has reached a new all-time high of 46,990,000, indicating continued use of the network for various applications like DeFi and NFTs. Despite the price volatility, some investors, referred to as whales, are buying more Ethereum. Ethereum is currently trading around $4,362 and holding above a key support level of $4,300. Whether this support holds or breaks will likely determine Ethereum's price direction in the near future.

A large Bitcoin investor holding over $5 billion in BTC has begun significantly investing in Ethereum, moving $1.1 billion worth of Bitcoin to accumulate ETH. This follows a previous purchase of $2.5 billion worth of Ethereum by the same investor. This shift indicates a trend where major players are diversifying from solely Bitcoin into Ethereum. Ethereum's value against Bitcoin is increasing, with the ETH/BTC pair showing a strong upward trend and breaking out of a year-long downtrend. The ETH/BTC pair is currently trading at 0.0402, having risen from lows near 0.021 since May. The price faces resistance around 0.042, and breaking above this level could lead to further gains.

In August, Bitcoin's price decreased by 4.98%, but the overall cryptocurrency market capitalization remained steady at $3.87 trillion. Investor sentiment became more cautious, with the Fear & Greed Index declining. Despite the price drop, public companies actively purchased Bitcoin, acquiring 3,081 BTC in a single week. These companies now hold 3.5% of the total Bitcoin supply. MicroStrategy led the buying, increasing its holdings to 632,457 BTC. Other companies like Metaplanet and DeFi Development Corp also added to their Bitcoin reserves. This institutional buying suggests long-term confidence in Bitcoin, even amidst price fluctuations. The market is closely watching to see if this corporate demand will drive prices higher.

Ethereum experienced record on-chain activity in August. Decentralized exchange volume reached $135 billion, transactions totaled 48 million, and active addresses hit 15 million. The total value locked exceeded $240 billion. Corporate treasuries significantly increased their Ethereum holdings, with a total of 247,033 ETH purchased in one week. BitMine acquired 190,500 ETH, bringing their total to 1.7 million ETH valued at $7.7 billion. SharpLink added 56,533 ETH to their treasury, now holding 797,704 ETH worth $3.6 billion. ETHZilla disclosed owning 102,237 ETH valued at $451.5 million and initiated a $250 million stock buyback program. The increase in on-chain activity and institutional investment suggests growing adoption of Ethereum.

Grayscale Investments has filed an amended S-1 form with the Securities and Exchange Commission (SEC) for its Grayscale Cardano Trust, signaling a potential move towards converting it into a spot Cardano (ADA) exchange-traded fund (ETF). This action increases the likelihood of a Cardano ETF being approved in the US market. The filing indicates that Grayscale is preparing the groundwork to offer a regulated investment vehicle that directly holds ADA, potentially opening up Cardano to a wider range of investors.

Pump.fun's market share has significantly increased from 11.5% to 92.5% since August 1st, driven by the launch of the Glass Full Fund and over $62 million in $PUMP token buybacks. These buybacks have offset 4.261% of the circulating supply. $TROLL, a token within the Pump.fun ecosystem, has seen a 250% increase in value this month. Pump.fun allocated $10,657,503 to $PUMP buybacks last week, representing 99.32% of its total revenue for that period. A recent platform update caused temporary selling issues for trading bots like Axiom, but the update was rolled back and is scheduled for re-implementation. The market is watching the success of the new implementation as buybacks continue to reduce supply.

Dogecoin's price has seen a rebound after finding support. This movement coincides with Elon Musk's support for a proposal to establish a $200 million treasury for Dogecoin. The proposed treasury aims to fund development and projects within the Dogecoin ecosystem.

A new company called 'House of Doge' is planning to raise $200 million to buy and hold Dogecoin, a cryptocurrency that started as a joke but became popular. The idea is that by holding a large amount of Dogecoin, the company could profit if the price of Dogecoin goes up. Elon Musk's lawyer, Alex Spiro, is expected to be the chairman of this company. While it's not confirmed if Musk is directly involved, Spiro's participation suggests a connection. Musk has been a supporter of Dogecoin in the past, even after facing a lawsuit accusing him of manipulating its price, which was later dismissed. Tesla, Musk's car company, still accepts Dogecoin for some merchandise. This move by 'House of Doge' follows a trend where companies are starting to hold cryptocurrencies as part of their assets.

A new company aiming to accumulate Dogecoin is being launched with the goal of raising $200 million. Alex Spiro, a lawyer known for representing Elon Musk, is planned to be the chairman of this publicly traded entity, which is being marketed as a major step towards Dogecoin adoption. This initiative comes as other companies have also started creating crypto treasuries, including some focused on Dogecoin. However, the stock performance of these companies with crypto treasuries has been weak. Dogecoin's price is currently around $0.214, significantly lower than its one-year high. While Elon Musk's past statements have influenced Dogecoin's price, he hasn't recently commented on Dogecoin directly, focusing instead on developing payment features for X.

The price of Flare (FLR) cryptocurrency is currently declining, trading around $0.02127, a decrease of 2.1% since yesterday and almost 10% over the past week. Its market capitalization is $1.53 billion. The drop is partly attributed to disappointment that users in the Revolut Learn & Earn campaign cannot immediately withdraw their FLR rewards. Key support levels to watch are $0.0209 and then $0.018. If the price breaks below $0.0209, it could fall further. Resistance is at $0.0222 and $0.0233. A price close above $0.0222 might signal a recovery.

Japanese gaming company Gumi Inc., backed by SBI Holdings, has approved a purchase of 2.5 billion XRP, worth approximately $17 million, over the next five months (September 2025 to February 2026). This investment signifies increasing institutional interest in XRP and marks a shift in Gumi's treasury strategy, following an earlier $6 million Bitcoin investment. Gumi intends to accumulate XRP gradually to support Ripple and SBI's efforts in international remittances and liquidity services, aligning with Gumi's broader expansion into blockchain and Web3. Other companies like Trident Digital, Webus International, and VivoPower have also added XRP to their corporate treasuries, suggesting XRP is transitioning from a speculative asset to a treasury-grade holding. Gumi's treasury strategy now includes Bitcoin for stability and yield generation, and XRP for ecosystem-driven growth and cross-border finance applications, continuing a prior collaboration with RippleX back in 2019.

The Cardano Foundation has relaunched its Developer Portal, which was rebuilt with community input to make it easier for developers to build decentralized applications (DApps) on the Cardano blockchain. The portal provides guides, tutorials, and resources for smart contracts using Plutus and Marlowe. Despite increased developer activity, the price of ADA, Cardano's cryptocurrency, has decreased by nearly 4%, trading at approximately $0.8350. However, ADA's trading volume has increased by 16% to $1.58 billion, showing continued engagement. The Cardano Foundation is also moving forward with a scalability upgrade to improve network throughput. Founder Charles Hoskinson believes Ethereum will be obsolete in 10 years.

Bitcoin fell to a seven-week low, resulting in the liquidation of approximately $540 million in crypto trades within a 24-hour period. Heavy selling by large Bitcoin holders, particularly on the Binance exchange, is considered a primary factor for the price drop. Bitcoin lost almost 5% of its value. While some technical indicators suggest a potential rebound, historical seasonal weakness in September and macroeconomic data are adding to the downward pressure. Traders are closely monitoring the $112,000 and $114,000 price levels; reclaiming these could signal a recovery, while failing to do so might lead to further declines.

The cryptocurrency market experienced over $480 million in liquidations of long positions following the release of heated PCE (Personal Consumption Expenditures) data. This data seemingly triggered a negative market reaction. Peter Schiff, a known critic of cryptocurrency, declared the situation as 'game over' for the market following the economic data release. The high volume of long liquidations indicates a significant downturn, with traders who bet on rising prices being forced to close their positions.

Dogecoin is planning to create a digital asset treasury and raise $200 million from investors. Alex Spiro, Elon Musk's lawyer, is expected to lead the treasury company, called House of Doge. This move aims to make Dogecoin more legitimate and attract traditional investors, similar to how companies like MicroStrategy have added cryptocurrencies to their balance sheets. Despite the announcement, Dogecoin's price decreased by 2% to $0.2761, with a market cap of $32.81 billion. The treasury seeks to follow a broader trend where over 180 public companies have adopted cryptocurrencies like Bitcoin, Ethereum, and Solana. It represents a significant step for Dogecoin to be viewed as a legitimate financial player.

If someone invests $25,000 in Shiba Inu today at its current price of $0.00001228, they would get 1.88 billion SHIB tokens. If Shiba Inu reaches $0.00015, that investment would be worth $282,379. However, if Shiba Inu only reaches $0.0001, the investment would be worth $188,253. Some analysts predict Shiba Inu could reach $0.00015, with one expert suggesting it could happen if the token overcomes resistance at $0.00001678. Another analyst highlighted that large holders are widely adopting SHIB tokens, which could push the price above $0.00015 to $0.0001553. One report speculated Shiba Inu could reach $0.00015 before the end of 2025, and possibly even $0.0003 this year, but achieving $0.00015 by the end of the year would require a significant price increase.

The article discusses the potential impact on XRP's price if U.S. banks were to use it for domestic settlements. Currently, XRP trades around $2.82, but the National Settlement Service (NSS) processes about $77.45 billion daily. If XRP's activity scaled to match the NSS volume, its price could reach approximately $35, according to an OpenAI ChatGPT analysis. Furthermore, ChatGPT suggests that the price could increase even more, potentially reaching $70 to $100, due to factors like banks holding XRP as reserves and market speculation. The NSS handled $28.27 trillion in 2024, highlighting the scale of domestic settlements in the U.S.

A market analyst, EGRAG Crypto, believes that XRP's current price dip is a temporary pause before it rises against Bitcoin. The analyst points to an eight-month bull pennant formation on the XRP/BTC chart, suggesting a potential breakout. EGRAG Crypto predicts that the XRP/BTC pair could reach 0.00007262 BTC, 0.00009502 BTC and ultimately 0.0001398 BTC using Fibonacci extension levels. This would translate to XRP prices of $7.87, $10.3, and $15.1 respectively, based on Bitcoin's current price of $108,500. The target of 0.0001398 BTC for the XRP/BTC pair was last seen in January 2018 when XRP reached $3.3.

Monero developers are considering implementing a proposal called "Publish or Perish" to combat selfish mining attacks, particularly those originating from the Qubic Pool, which controls about 33% of Monero's network hashrate. This proposal involves penalizing miners who delay broadcasting their blocks and rewarding honest miners even if their blocks are orphaned. The goal is to make selfish mining less profitable and maintain a fair mining process. The price of Monero (XMR) has decreased by approximately 20% since July, trading below $260, despite record high Google searches for privacy coins, indicating continued interest in the sector.

XRP, Ripple's cryptocurrency, has fallen in market capitalization, losing its position as the third-largest cryptocurrency to Tether's USDT. USDT's market cap is now at $167,613,338. XRP had previously surged to $3.65 in mid-July but has since declined, particularly in the last 24-36 hours as the broader cryptocurrency market also experienced a downturn. XRP dropped to $2.73, its lowest price since August 3, but has since recovered to just over $2.8. This drop has also impacted Ripple's overall ranking, with the company and its token falling out of the top 100 global assets by market cap, currently sitting at 121st. While still ahead of companies like Sony, Airbus, and Allianz, Ripple now trails Charles Schwab, BlackRock, and Xiaomi.

Ethereum ETFs are on track to attract over $4 billion in net inflows this month, a stark contrast to Bitcoin ETFs which have seen over $600 million in outflows during the same period. BlackRock's ETHA ETF leads the Ethereum market with nearly $17 billion in net assets. While Bitcoin ETFs still hold greater overall value, the difference is narrowing. BlackRock's IBIT leads Bitcoin ETFs with almost $84 billion in net assets. Corporate adoption of Ethereum is increasing, with companies like SharpLink Gaming and ETHZilla adding to their Ethereum holdings. BitMine currently holds the largest Ethereum reserves among publicly-listed companies. Institutional interest in Ethereum is growing, potentially leading to price increases, although Ethereum recently faced rejection near the $5,000 mark and currently trades around $4,340.

PetroChina, a major Chinese oil and gas company, is considering using stablecoins for international payments, following Hong Kong's new rules for these digital currencies. Hong Kong passed a law in August requiring licenses for companies issuing stablecoins pegged to fiat currencies, like the Hong Kong Dollar. PetroChina will study if stablecoins can make cross-border payments more efficient. This move signals PetroChina's entry into the digital asset space under Hong Kong's new regulatory framework. Several companies have applied for licenses to issue stablecoins in Hong Kong. Despite this push, Chinese regulators are also being cautious, halting promotions and research related to stablecoins due to concerns about fraud. Separately, Eric Trump mentioned that China is a major player in the crypto industry.

Bitcoin has fallen below the $110,000 support level, reaching a low of $107,900, which is concerning investors. One analyst suggests that if Bitcoin doesn't hold the $108,700 level, it could drop to around $94,000. This potential drop is based on technical indicators mirroring a similar pattern seen before the 2021 bear market. Other analysts point to support levels between $103,000-$108,000, while another suggests a bottom around $92,000 before a potential reversal and new high later in the year. Bitcoin is currently trading at $107,947, a 7.5% decrease for the week.

American Bitcoin, a company reportedly backed by Donald Trump, has finalized its merger and is scheduled to be listed on the Nasdaq stock exchange in September. This means the company's stock will soon be available for trading on a major U.S. stock market.

The article discusses Mutuum Finance (MUTM), a new cryptocurrency project in its presale phase, as a potential short-term investment opportunity compared to waiting for Solana (SOL) to rebound. Mutuum Finance aims to provide immediate utility through its beta launch coinciding with the token's live event, offering lending and staking functions. The platform plans Layer-2 integration for faster transactions and lower costs. A system generating mtTokens for staking is designed to reward active users with MUTM tokens bought back using protocol revenue. The presale is in Phase 6, priced at $0.035 per token, with over 15,850 holders. The project has allocated 170 million tokens to this phase, with 30% already sold. CertiK has audited Mutuum Finance, giving it a Token Scan Score of 95.00 and a Skynet Score of 78.00. They have also introduced a $50,000 CertiK bug bounty program and a $100,000 giveaway campaign. Beyond its pooled system, Mutuum Finance will incorporate a P2P lending marketplace. The article highlights that the immediate catalysts of beta release, Layer-2 integration, revenue-driven buybacks, and exchange listings are expected to drive rapid price appreciation for the token.

Binance founder CZ believes decentralized exchanges (DEXs) will eventually overtake centralized exchanges (CEXs) in trading volume. Currently, CEXs lead due to their ease of use and available funds, but DEXs are gaining momentum. A report showed that DEXs reached their highest market share ever in the second quarter of 2025. While Binance is still the biggest CEX, its trading volume decreased, and other major CEXs saw even bigger drops. PancakeSwap's trading volume increased significantly, making it the top DEX. This shift is partially due to hybrid platforms that combine features of both CEXs and DEXs, providing benefits like low-cost trades and faster execution. CEX spot trading is impacted by retail sentiment, economics, and market swings, while DEXs have the advantage of more flexible rules, enabling them to experiment and grow quickly.

Dogecoin's price may increase soon due to positive developments. The amount of money committed to Dogecoin futures contracts, called open interest, has risen to over $3.3 billion, indicating growing confidence among investors. This involves over 15.16 billion DOGE over the past 24 hours. The exchanges with the highest market activity for DOGE are Binance, OKX, and Bybit, with Binance leading at $661.9 million. Also, Bybit and OKX traders pledged $416.6 million and $353.6 million, respectively. Dogecoin's network security, measured by its hashrate, has reached an all-time high, suggesting more miners are securing the network, making it more resistant to attacks. There is also speculation about a Dogecoin ETF, which would allow investors to invest in Dogecoin through the stock market without directly owning it, potentially launching in late 2025. Filings from Grayscale, Bitwise, 21Shares, and Rex-Osprey are under review with the U.S Securities and Exchange Commission (SEC). Grayscale submitted an S-1 filing document to the SEC earlier this month. Analysts are optimistic about its approval, which could cause Dogecoin's price to rise significantly, though regulatory delays are possible.

A cryptocurrency analyst has identified a technical chart pattern called an Ascending Triangle forming on Solana's price chart. This pattern suggests that Solana's price has been consolidating, and it's now attempting to break out above the upper resistance line of the triangle. If Solana successfully breaks out and sustains the upward momentum, the analyst predicts a potential price target of $300, which represents an approximate 46% increase from its current value. Currently, Solana is trading around $205, reflecting a 5% increase over the past week.

Despite the recent popularity of Bitcoin ETFs, cryptocurrency exchanges still dominate Bitcoin trading volume. Data indicates that US Bitcoin spot ETFs account for only about 4.53% of the total Bitcoin trading volume, while major exchanges like Binance handle a significantly larger share. Binance alone sees trading volumes that can double the combined volume of all the US Bitcoin ETFs on peak days. The US spot ETFs account for 13.08% of the total Ethereum trading volume, a closer margin, but still behind Binance's 29.07%. The price of Bitcoin has decreased by approximately 3% in the last 24 hours, reaching $108,500.

Cronos (CRO) experienced a significant price surge of 150% following an announcement from Trump Media Group about a $6.4 billion fund to build a Cronos treasury. This rally led to substantial profit-taking, indicated by a spike in negative funding rates to -0.064, the highest since July 8th, and over $6 million in liquidations. Spot outflows of CRO exceeded $8 million, marking the largest daily outflow in over a year, causing a price pullback to around $0.30. Open interest in CRO also increased, reflecting renewed market excitement. Trump Media Group's plans to use Cronos for a digital WEB3 economy and establish a CRO treasury are driving potential future growth. Cronos's total value locked (TVL) increased from $575 million to $797 million, and its stablecoin market capitalization rose from $167 million to $182 million this week.

Eric Trump predicted at the Bitcoin Asia conference that Bitcoin could reach $1 million, an 825% increase from current prices. He highlighted China's influence on crypto innovation despite existing restrictions. Hong Kong is establishing itself as a digital asset hub while the United States considers a Bitcoin reserve and dollar-pegged cryptocurrency adoption. Eric Trump cited strong institutional demand and Bitcoin's limited supply as factors for his optimism. The Trump family has launched various crypto initiatives, including a DeFi platform, stablecoin, and Bitcoin mining operation. A new crypto miner backed by Eric and Donald Trump Jr. is preparing for a Nasdaq listing. Binance founder Changpeng Zhao noted that the US is setting a precedent for progressive crypto regulations.

Bitcoin has dropped from its all-time high of over $124,000 and is currently trading around $110,219. Analysts are looking at on-chain data to understand where the price might go next. One analysis using MVRV Price Bands suggests Bitcoin could potentially reach $183,000 by August 2025, assuming historical trends continue. The analysis also highlights key support levels to watch, noting that a break below one level could signal a weakening uptrend. Another analysis shows that investors on Binance have been buying Bitcoin at higher prices, with new large investors holding an average cost basis of $108,000, which could act as a support level. Miners appear to be selling a small amount of their holdings, while long-term holders remain in a strong position with a cost basis near $40,000.

Bitcoin's price fell to $108,000 due to large Bitcoin holders selling off significant amounts, triggering a wave of liquidations totaling nearly $540 million in leveraged bets. This drop is the lowest it has been since early July, representing a 4% decrease on the day. The U.S. PCE Index, which measures inflation, met expectations, but the possibility of strong jobs data could change expectations for the Federal Reserve's interest rate policy. Additionally, several top executives are selling off their company stock, and China's largest banks are reporting significant increases in bad debt. There are also concerns about the AI sector, with some companies showing financial weaknesses. Investors are also moving into safer assets like bonds as the 2-year Treasury yield hits a four-month low, signaling increased risk aversion in the market.

Several companies, including Canary Capital, Franklin Templeton, VanEck, Fidelity, Grayscale, CoinShares, and Bitwise, are competing to launch the first U.S. Solana ETF by submitting revised proposals to the SEC. These proposals include details about staking, fees, and how investors can redeem their shares. One company, Canary Capital, plans to stake most of its Solana holdings with Marinade Select for at least two years and auto-compound the rewards. The filings also outline custody arrangements and aim to improve transparency by disclosing daily information such as net asset value and full holdings. The outcome of the SEC's review will impact the future of crypto ETFs in the U.S., indicating whether Solana can become a mainstream financial asset.

Tether is changing its approach to USDT on several older blockchain networks, including Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, by classifying them as unsupported. Users can still send and receive USDT on these networks, but Tether will no longer mint new tokens or directly redeem them. This decision allows Tether to concentrate on more active blockchains like Ethereum and Tron, as well as Layer 2 networks. Tether also plans to introduce USDT natively on Bitcoin through the RGB protocol, enabling direct interaction with USDT on the Bitcoin network. Users who wish to move their USDT to actively supported networks can use available cross-chain swap tools.

EtherFi, a platform for staking cryptocurrency, is putting $500 million worth of ETH into Plasma, a new Layer 2 network supported by Bitfinex. This large deposit will provide Plasma with a lot of liquidity from the beginning, allowing users to immediately start borrowing and lending using their ETH. Plasma aims to offer secure and user-friendly features, including fast and cheap stablecoin transfers, privacy options, and compatibility with both Bitcoin and Ethereum. Before this partnership, Plasma had already seen over $1 billion deposited quickly, mainly from large crypto holders, showing early interest in the platform. Plasma is targeting the growing stablecoin market, currently valued at $280 billion, by providing the infrastructure needed to handle large volumes and reduce transaction costs.

Bitcoin's price dropped 8% this month, causing some investors to accuse the crypto exchange Binance of market manipulation. An analyst suggests Binance is using a third party to sell off Bitcoin and Solana, potentially to lower the price and profit from futures liquidations. They further claim that Binance's Solana sales may be aimed at reducing competition with their own token, BNB, and that Binance might be using customer funds for these trades, similar to what happened with FTX. The analyst anticipates a market recovery after an initial panic sell-off, especially with expected interest rate cuts by the Federal Reserve next month.

Blockchain investigator ZachXBT criticized Ripple (XRP) holders, stating he doesn't support them because he believes they provide exit liquidity for insiders. He argues that XRP's supply is heavily controlled, preventing fair growth, and that the XRP community acts like a cult, focusing on hype and price promotion instead of technological innovation. ZachXBT compared XRP to MLM chains and pyramid schemes, where early insiders profit while late retail buyers lose. He believes the XRP community prioritizes aggressive promotion over creating long-term value, hindering the crypto industry's progress. His comments have sparked debate within the crypto community regarding the utility and future of XRP.

Bitcoin's illiquid supply on the Binance exchange has reached a record high, meaning a large amount of Bitcoin is being held in wallets and not actively traded. This scarcity of available Bitcoin could push the price towards $150,000 by the end of 2025. However, the low liquid supply also makes Bitcoin vulnerable to price drops if large holders sell off their coins. Analysts note that Bitcoin's current situation is a "fragile bull run," supported by long-term holders but at risk of volatility from sudden sales. If the liquid supply of Bitcoin increases due to selling, the price could decline to between $90,000 and $100,000. Currently Bitcoin is trading at $109,286, down 3% in the last 24 hours.

DeFi lending has surged, exceeding $40 billion in active borrowing across several protocols, marking a two-year high. This growth is fueled by users depositing stablecoins like USDT and USDC, which constitute over 70% of deposits, into lending platforms to earn yields, effectively using crypto as a savings account. These deposits are then borrowed by traders for leveraged trading activities. Stablecoin inflows have been significant, with the stablecoin index increasing nearly 10% in six weeks, pushing the market cap close to $290 billion. Solana has seen substantial stablecoin supply increases, mirroring broader market liquidity shifts. Aave dominates the lending space with $28.3 billion borrowed, followed by Morpho and Spark. Deposit rates vary, with some platforms like Lido offering around 2.66% APY and others, such as Ethena, offering higher yields around 9.45% APY. Borrowing costs range from 5% to 9% annually. The increased borrowing activity is reflected in rising open interest in futures and derivatives markets, indicating leveraged trading. This trend benefits lending platforms and demonstrates a shift towards DeFi lending as a viable option for earning interest on crypto holdings.

Shiba Inu's price has recovered above $0.00001 after a large purchase by a whale, a term for investors with significant holdings. Over three days, this whale withdrew 204.3 billion SHIB tokens from the Coinbase exchange. This activity seems to have calmed market anxieties and improved the token's technical indicators, such as its Relative Strength Index climbing to 47 and its movement above the nine-day moving average. The increase in price and confidence has analysts suggesting that with continued whale activity and market stability, Shiba Inu could potentially reach $0.0001 during the current market cycle.

Google is expected to receive a fine from the European Union for anti-competitive practices within its advertising technology business. This penalty follows a four-year investigation triggered by a complaint from the European Publishers Council, alleging Google favored its own advertising services over competitors. While the fine's exact amount is not yet public, it's expected to be less than the previous record fine of 4.3 billion euros imposed on Google in 2018. The EU's focus is reportedly on stopping Google's anti-competitive actions rather than imposing extremely large fines. The EU is not expected to force Google to sell off parts of its ad tech business. Google's advertising revenue, including from search, reached $264 billion last year, representing 75.6% of its total revenue.

Ethereum's price has been relatively stable recently, leading to speculation it could soon reach $5,000. Large investors like whales and institutions, including BlackRock, have been increasing their Ethereum holdings. Notably, even Donald Trump has a significant portion of his crypto portfolio in Ethereum. On-chain data shows money flowing into Ethereum, and historically, a strong September can lead to price increases in the following months. Technically, a break above $4,530 could lead to further gains, with $5,000 as a potential target. However, when adjusted for inflation, Ethereum's real all-time high is closer to $5,800, suggesting further potential upside.

The Tron network has approved a 60% reduction in transaction fees following a community vote, aiming to boost user participation and ecosystem growth. This decision was prompted by rising TRX prices, which doubled since the start of 2024, leading to higher transaction costs, especially for USDT stablecoin transactions. While Tron founder Justin Sun acknowledges this move might initially decrease network profitability, he anticipates increased user activity and transaction volumes will ultimately lead to greater long-term benefits. The Tron Super Representative community will regularly review network fees every quarter, considering TRX price fluctuations, network activity, and growth rates to maintain a competitive and sustainable fee structure. The fee reduction, the largest since Tron's inception in 2017, is scheduled to take effect on August 26, 2025.

Chainlink (LINK) has recently experienced a significant price increase and is now consolidating near the $26.60 resistance level. If LINK breaks through this level, it could trigger another price surge. However, analysts also suggest the possibility of a price correction. Should LINK fall below a certain support level, it could present a buying opportunity for traders. Another analysis indicates that LINK has rebounded from a support zone, signaling renewed market strength. Buyers are aiming to retest the $24.30 resistance level, and a successful breakout could lead to a continued upward trend.

President Trump is attempting to block Lisa Cook from resuming her role as a Federal Reserve Governor, a move being challenged in court. Trump claims he fired her for cause based on allegations that she misrepresented information on mortgage applications. Cook denies these allegations. The judge is considering whether Trump had the authority to dismiss her and whether her due process rights were violated. The outcome could impact the Federal Reserve's independence from political influence, a principle upheld for over a century. The judge will rule before the Fed's next policy meeting on September 17th, where Cook would vote on interest rates. Her absence impacts financial markets as the Fed has been holding interest rates steady, despite Trump's desire for cuts.

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.