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 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.

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.

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.

VanEck CEO Jan van Eck believes Ethereum has become the preferred cryptocurrency for Wall Street, not XRP. He cites the increasing use of stablecoins and digital currencies by financial institutions as the reason, highlighting Ethereum's smart contracts and staking features. Over 19 public companies hold 2.7 million ETH in their treasuries, using staking for income, and investment advisors have $1.3 billion in Ether ETF exposure. VanEck launched its own Ethereum ETF in July 2024, managing over $4 million in assets. Van Eck attributes Ethereum's rise to the growth of stablecoins, particularly after the passage of the GENIUS Act, which provides regulatory clarity. Ethereum currently controls over 50% of the $280 billion stablecoin market and is expected to benefit from further stablecoin adoption by banks and institutions.

The Ethereum Foundation is temporarily pausing its open grants program to overhaul its support system. This pause, expected to last until Q4 2025, is due to the program's lean team being overwhelmed by the high volume of grant applications. The Foundation aims to refine its priorities and move from a reactive approach to a more proactive one, aligning better with the Ethereum Foundation's updated ecosystem development strategy. While open applications are suspended, the Foundation will continue to support existing grantees and offer non-financial support. No new applications will be reviewed during this period.

Amdax, a Dutch crypto service, has raised $23 million in initial funding for its Amsterdam Bitcoin Treasury Strategy, with the goal of eventually holding 1% of the total Bitcoin supply. They plan to raise $34 million in a private funding round before a public listing on Euronext Amsterdam, aiming to hold 210,000 Bitcoins. Corporate Bitcoin holdings are currently at 3.68 million tokens, valued at $408 billion, with MicroStrategy leading the way. Concerns are rising about the risks associated with corporate Bitcoin treasuries, including high volatility compared to traditional assets and a lack of regulatory clarity. Research suggests these strategies can be negative-carry trades, where companies borrow money to buy Bitcoin which doesn't generate income. Bitcoin ETFs have captured 13.1% of total spot trading volume since the U.S. presidential election, generating $5-10 billion in daily activity, while Ethereum ETFs saw $4 billion in net inflows in August, outpacing Bitcoin ETF inflows.

Japanese game developer Gumi Inc. plans to purchase $17 million worth of XRP between September 2025 and February 2026. This investment is part of Gumi's strategy to expand into global payment networks, leveraging XRP's role in international remittances and liquidity. Previously, Gumi invested about $6.8 million in Bitcoin and staked it using Babylon. Gumi views Bitcoin as a long-term store of value and XRP as an operational asset for financial infrastructure. Gumi's stock price decreased by over 2% following the announcement.

Solana's price is testing a major resistance level after consolidating for 18 months, indicating a potential breakout. Analysts suggest that holding above long-term moving averages and the length of the consolidation period increase the likelihood of an upward movement, with potential targets in the $300-$400 range. Solana's price relative to Bitcoin is also approaching a significant resistance zone, and a breakout here would strengthen its position. The network is experiencing a surge in on-chain activity, with perpetual futures trading volume surpassing Ethereum, Binance Smart Chain, Arbitrum, and Base. This increased trading activity and the technical patterns suggest that Solana may be on the verge of a significant price movement.

The United States is tightening restrictions on exporting chip-making equipment to China. Approvals previously granted to Samsung and SK Hynix, allowing them to obtain U.S. chip manufacturing tools for their operations in China, have been revoked. These companies will now need to apply for licenses to purchase such equipment. While the Commerce Department intends to approve licenses for maintaining existing plants in China, they won't approve licenses that expand capacity or facilitate the use of more advanced technologies. This decision is expected to reduce Chinese demand for equipment from U.S. suppliers like KLA Corp, Lam Research, and Applied Materials. The news impacted these companies' stock prices, with Lam Research falling 4%, Applied Materials slipping 2.8%, and KLA down 2.4%. Meanwhile, Huawei claims it has achieved technological independence from the U.S., with its computing systems and AI now matching U.S. offerings. Huawei says it has built an ecosystem independent of the United States, with its own semiconductors, computing, cloud, AI, and operating systems.

Eric Trump stated that China possesses considerable influence within the Bitcoin ecosystem. He also repeated his expectation that the price of a single Bitcoin will reach $1 million.

The Commodity Futures Trading Commission (CFTC) has taken steps that could potentially allow US citizens to trade cryptocurrency on offshore exchanges like Binance and Bybit. This development suggests a possible future where US residents could access a wider range of digital assets and trading services currently unavailable on US-regulated platforms.

Analysts are observing bullish signals for the cryptocurrency Dogwifhat (WIF). Market strategist Vespamatic SMI notes that WIF is in an accumulation phase, indicating that selling pressure is decreasing, potentially leading to a breakout. Vespamatic projects a target price of $4 if resistance levels are surpassed. Analyst Quantum Ascend highlights a bullish divergence on the daily chart, where the Relative Strength Index (RSI) is rising despite the price making lower lows, suggesting a possible trend reversal. Dogwifhat is currently trading around $0.82 with a trading volume exceeding $235 million. Analysts suggest that continued high volume could lead to retests of the $0.84 resistance level, while a drop below $0.81 could result in further price declines.

Hedera (HBAR) has seen a recent price decrease, losing over 4% in the last 24 hours and over 11% in the past month, despite a 40% gain in the previous three months. The decline is attributed to fading interest, evident in an almost 80% drop in social media discussion about HBAR since mid-July. Buying pressure has weakened significantly, with a 73% reduction in buying activity over the past month. The derivatives market shows a strong bias towards short positions, with nearly 200% more traders betting against HBAR than betting on it. This large number of short positions could lead to a price increase if HBAR gains momentum, as those betting against it may need to buy HBAR to cover their positions. HBAR is currently trading around $0.231, and a drop below $0.23 could lead to a further decline towards $0.22. A price increase above $0.26 could signal a larger rebound.

Cardano founder Charles Hoskinson believes a major factor could push Bitcoin's price to $250,000 during the current bull market cycle. The article focuses on Hoskinson's perspective regarding potential drivers for Bitcoin's price increase to that level.

Jupiter Lend, a new lending platform from the Solana-based decentralized exchange aggregator Jupiter, has quickly attracted significant investment. Within a day of its beta launch, the platform exceeded $500 million in total market size, measured as total value locked (TVL). This makes Jupiter Lend the second-largest lending platform on the Solana network, behind Kamino Finance, which holds $4.4 billion in TVL.

Stablecoins are gaining traction, with holdings on crypto exchanges reaching $68 billion and the overall market exceeding $280 billion. Banks are becoming concerned about potential deposit outflows to crypto exchanges offering higher yields on stablecoins, especially with new regulations like the GENIUS Act that offer consumer protections. While banks possess advantages like FDIC insurance, they face compliance obligations when holding reserves for stablecoin issuers. Experts suggest banks should integrate stablecoins by offering custody, payment, or reserve services, using risk management tools. Some banks may issue their own stablecoins for institutional clients, while others may focus on public stablecoins for retail. Banks face the decision of building their own stablecoin tech or partnering with existing companies, considering the costs and regulatory hurdles. Some are exploring integrations, but full launches remain limited.

The Trump administration has eliminated the de minimis exemption, meaning that all imported packages into the US are now subject to taxes, regardless of their value. This change primarily impacts smaller businesses, especially those in the crypto hardware and mining sectors. Consumers can expect higher prices and fewer options as a result. The move is expected to affect e-commerce giants and smaller businesses that previously benefited from importing goods, mainly from China, without tariffs on packages valued under $800. The administration cited concerns about exploitation of the exemption and national security, claiming it was used to ship illicit substances. For the crypto industry, this translates to higher costs for importing cold wallets and mining equipment, potentially slowing down growth in the US and encouraging mining operations to move to countries with lower import tariffs.

Bitcoin's price fell to a seven-week low of $108,100 following the release of US PCE data, which indicated a 2.6% increase in overall prices for July and a core PCE inflation rise of 2.9%, slightly higher than the previous month. This triggered a market drop, reversing gains from the previous Friday. Ethereum also decreased by over 3%, struggling to stay at $4,300, while XRP fell to $2.83. The total cryptocurrency market capitalization has decreased by $170 billion since yesterday. The price volatility resulted in over $500 million in liquidations for over-leveraged traders, affecting over 140,000 traders.

A large Bitcoin holder, possessing around $5 billion in BTC, has been significantly shifting their investments into Ethereum over the past week. This whale moved $1.1 billion worth of BTC to Hyperunit and has already accumulated $2.5 billion in ETH. On-chain data reveals the whale withdrew 85,947 BTC from several exchanges and mining pools, some of which were held for up to eight years. The whale's activity began during the 2025 price cycle after a period of inactivity during the bear market. The shift to ETH occurred as its value doubled against Bitcoin. The whale utilizes Hyperliquid's spot market to exchange BTC for ETH. This activity has contributed to a $4,000 drop in Bitcoin's price. Before the recent transfers, the whale held 220,451 ETH, ranking them as the fifth-largest ETH holder, and further purchases may exceed the Ethereum Foundation's reserves.

Flare, a blockchain firm, is developing a system called XRPFi to allow companies to earn yield on their XRP holdings. Everything Blockchain Inc. (EBZT), a publicly listed U.S. company, has signed an agreement to use Flare's XRPFi framework for its corporate treasury. This follows a similar commitment of $100 million in XRP from VivoPower International PLC (VVPR) earlier this year. Flare's system uses FAssets to convert XRP into a form that can be used in decentralized finance applications for lending and staking. The goal is to transform XRP, which currently has limited options for earning yield, into a productive asset for institutions. EBZT's CEO stated that this allows them to use XRP as a yield-bearing instrument, meeting the standards required of public companies.

According to Peter Brandt, XRP's outlook is potentially very negative amidst a general cryptocurrency market crash. The article highlights a warning about XRP's price performance, suggesting a concerning trend for the cryptocurrency. The article focuses on this expert's specific negative outlook for XRP during a downturn in the broader crypto market.

Eric Trump is increasing his involvement in the crypto space, particularly in Asia. He is attending a Metaplanet shareholder meeting in Tokyo after speaking at the Bitcoin Asia conference in Hong Kong. Eric predicts Bitcoin will reach $175,000 by the end of 2025 and eventually hit $1 million. He identifies as a Bitcoin maximalist and spends more than half his time on crypto projects. American Bitcoin, co-founded by Eric and Donald Trump Jr., is planning to expand into Japan and Hong Kong, seeking acquisitions to build its Bitcoin holdings. The company aims to become a leading Bitcoin accumulator through mining and treasury management and plans to go public in the U.S. through a reverse merger. Trump Media is also building a $2 billion Bitcoin treasury. Donald Trump Sr. made $57 million from a crypto startup. This push comes as Asia increases its crypto activity, with Japan planning to approve its first yen-denominated stablecoin and Hong Kong implementing stablecoin regulations.

The cryptocurrency exchange Bitget has achieved a monthly average of over half a trillion dollars in derivatives trading volume. A recent CoinDesk report indicates that Bitget now leads in liquidity for Ethereum (ETH) and Solana (SOL) trading pairs compared to other exchanges. This suggests Bitget has become a major platform for trading cryptocurrency derivatives, particularly those related to ETH and SOL.

The cryptocurrency Bonk (BONK) has decreased in value by 27% over the last month. However, analysts suggest that if Bonk holds a specific support level around $0.000022, it could increase in value by over 80%. Currently, trading volumes for Bonk are at $215 million. Technical analysis indicates Bonk has entered a "golden pocket" zone, a price range where it could potentially bounce back strongly. A breakout above $0.000039 could lead to a significant price increase, possibly reaching $0.0001, representing a 425% gain. The article also mentions Maxi Doge (MAXI), a new meme coin in presale, as a potential competitor in the meme coin market.

Cryptocurrency markets experienced a downturn on Friday, resulting in a 3.5% decrease in total market capitalization, bringing it down to $3.83 trillion. This decline was influenced by widespread macroeconomic anxieties affecting riskier investments. Bitcoin's value decreased by 3.8%, reaching $108,383. Ethereum saw a 4.5% drop, settling at $4,340. XRP fell by 5.3% to $2.84, and BNB decreased by 1.3% to $860.26. Solana experienced a slight decrease of 1.3%, trading at $209.17, although it still maintained a 16% gain over the previous week. The overall market decline is attributed to concerns surrounding U.S. inflation data.

Chainlink is partnering with the U.S. Department of Commerce to bring key economic data, like GDP and inflation figures, directly onto blockchain networks. This means official economic statistics from the U.S. Bureau of Economic Analysis will be accessible in a transparent and verifiable way for decentralized finance applications. Analysts believe this move could drive institutional adoption and boost the value of Chainlink's token, LINK, potentially towards $100. Currently trading near $24, LINK has shown short-term price volatility, with support around $24.55 and resistance near $25.50. Trading volume has been high, indicating significant market activity.

Eric Trump stated at the Bitcoin Asia conference that Bitcoin is destined to reach $1 million, citing limited supply and increasing demand from institutions and individuals. He encouraged long-term investment, suggesting people buy and hold Bitcoin for the next five years. Trump highlighted the growing acceptance of Bitcoin in retirement plans, major financial institutions, and sovereign wealth funds, emphasizing that these entities are likely to hold Bitcoin long-term. He also mentioned a nation using its city's energy to mine Bitcoin, underscoring global confidence in the asset. Trump discussed his involvement with American Bitcoin, a mining company producing 3% of the world’s Bitcoin, and MetaPlanet, impacting Bitcoin's perception in Asia. He views Bitcoin as both digital gold and a growing utility asset, with expanding use cases like staking and everyday purchases. He believes Bitcoin is a great store of value and that its volatility is an advantage for long-term investors.

A Chinese AI model called DeepSeek predicts significant price increases for XRP, Avalanche, and Dogecoin by the end of 2025. For XRP, DeepSeek anticipates a rise potentially past $5, with analysts suggesting a possible move to $10 by year's end, contingent on market strength. This optimism is fueled by XRP's legal win against the SEC, growing adoption, and potential credit card integration and ETF launch. DeepSeek forecasts Avalanche reaching $300, supported by a Grayscale ETF application and a deal with the U.S. Commerce Department. Currently, Avalanche is showing signs of buyer support with a potential rally toward $52. For Dogecoin, DeepSeek projects a 120% rally, driven by Grayscale's filing for a Dogecoin ETF. Dogecoin is currently consolidating above $0.20, with a key resistance level at $0.48. The article also mentions a new memecoin called Maxi Doge.

Solana (SOL) is showing signs of a potential price increase as a "golden cross" pattern has appeared on its chart against Bitcoin, suggesting positive momentum. The current price of Solana is around $206, with significant trading activity. Large purchases of Solana have occurred around the $180 price level, indicating strong support. Specifically, about 18.56 million SOL, worth approximately $4 billion, was bought near $180. DeFi Development Corp. also increased its Solana holdings by purchasing $77 million worth of SOL, bringing their total to 1.83 million SOL. Retail investor sentiment is currently very positive, but analysts caution that extreme optimism can sometimes precede price drops.

Bitcoin's price has dropped to a 7-week low, falling below $109,000, leading to speculation about a deeper market correction. A key indicator, Bitcoin dominance, is also declining, which could mean alternative cryptocurrencies (altcoins) might perform better. If Bitcoin breaks below the $109,000 support level, it could fall further to between $105,000 and $106,000. On the upside, Bitcoin faces resistance around $112,000, with further hurdles at $113,400 and $114,800. Overcoming $114,800 could lead to a rise toward $117,000. Despite this recent downturn, analysts suggest this is a temporary pullback within a larger bull market and as long as it stays above $105,000, the uptrend remains intact. There's potential for a short-term bounce as liquidity is clustered between $114,000 and $116,000.

CoinShares reported strong financial results for the second quarter, including $26.3 million in EBITDA and a $32.4 million net profit. The company's assets under management reached a record $3.46 billion, driven by inflows into its CoinShares Physical product. CoinShares is planning to list on a US stock exchange to expand its investor base. While asset management fees increased, capital markets income decreased slightly. The company benefited from the rebound in crypto prices, particularly Bitcoin and Ethereum. CoinShares treasury division also generated gains after a previous loss. The company sees the US regulatory environment as favorable for crypto innovation.

Chainlink (LINK) has partnered with the U.S. government's Bureau of Economic Analysis (BEA) to provide official economic data on 10 major blockchains. This integration aims to bring data like GDP, inflation, and domestic sales directly onto the blockchain, potentially leading to new applications in decentralized finance (DeFi). Analysts suggest this move could increase institutional confidence and potentially trigger a significant price increase for LINK. Currently trading around $23.48, LINK has broken out of a long-term consolidation pattern. If it can overcome the $53 resistance level, it could potentially reach $150.

Stellar's XLM token experienced an 8% price drop, falling from $0.39 to $0.36 between August 28th and 29th, due to significant selling activity from large investors. Trading volume for XLM surged, exceeding 41.89 million units as these holders reduced their positions. Despite the price decline, the Stellar network continues to grow, nearing 10 million registered accounts, with 5,000-6,000 new corporate wallets being added daily. Strategic partnerships with companies like MoneyGram and Circle are ongoing. The price briefly dropped by 1.38% within a 40-minute window on August 29th before recovering 1.27% shortly after, closing the session at $0.361. Some large buyers appeared to view the price dip as a buying opportunity. During the trading period, XLM's price fluctuated between a high of $0.387 and a low of $0.356. The token found technical support around the $0.357 level, attracting renewed buying interest at the end of the session, and prompting a 1.27% recovery on high volume.

The cryptocurrency market is seeing increased activity in specific altcoins rather than a broad rally. Pyth Network (PYTH) has experienced a near 100% increase in the past 24 hours, trading around $0.2367 with a market capitalization of $1.33 billion, following an announcement about the U.S. Department of Commerce publishing GDP data on a blockchain; its surge is attributed to its role in providing real-time price feeds to decentralized applications. Pump.fun (PUMP), a platform for creating Solana-based tokens, is trading near $0.00355 with a market capitalization of approximately $1.2 billion, gaining almost 10% in the last day; its growth is driven by the continuous creation of new memecoins. Four (FORM), a GameFi project on BNB Chain, is priced at about $3.66 with a market capitalization close to $1.37 billion, with the price just slightly lower than its peak value earlier in August. The success of these altcoins is linked to their utility in infrastructure, token creation, and gaming, showing that traders are favoring tokens with practical applications and active platforms.

Bitcoin's price is showing signs of potential decline after failing to maintain upward momentum following a recent all-time high of $124,000. The price has broken below the $110,000 level and could fall towards $104,000, and possibly even below $100,000, potentially signaling the end of the current bull market. Technical indicators show increasing bearish momentum. Exchange data indicates that more Bitcoin is leaving exchanges than entering, a trend suggesting investors are holding rather than selling. While there have been instances of large inflows into exchanges, the overall trend indicates long-term holders remain confident. However, continued selling pressure could push Bitcoin below key support levels.

Dogecoin and Cardano, currently among the top 10 cryptocurrencies, may be replaced by two newer tokens, Little Pepe and MemeCore. Dogecoin is showing stability but lacks strong upward movement, while Cardano saw a boost from ETF speculation but is growing slower than other tokens. Little Pepe has raised over $22.49 million in its presale, is listed on CoinMarketCap, and plans to debut on two major exchanges. It also received a high security score from CertiK. MemeCore has surged 50% in a week, reaching $0.50, with a market cap near $794 million, and traders anticipate further gains. Analysts suggest that Little Pepe's strong presale and MemeCore's rapid growth could push them into the top 10, potentially displacing Dogecoin and Cardano.

OKX has launched its onchain wallet and associated services in Europe, offering users a way to manage their own crypto assets without intermediaries. The OKX Wallet allows self-custody across 140+ blockchains. According to OKX, the infrastructure handles $23 billion in weekly trading volume. The wallet integrates a decentralized exchange (DEX) aggregator which sources routes from over 500 exchanges. It also gives access to thousands of decentralized applications (dApps) spanning areas like decentralized finance, NFTs, and onchain gaming. The wallet includes market intelligence tools such as Signal and Alpha Radar to track market activity. Users can also earn rewards through the Boost platform by participating in various activities. CFTC also announced new guidelines for US citizens to trade on offshore exchanges like OKX.

Cardano's ADA price has decreased by 4.5% in the last 24 hours, reaching $0.825. Despite this recent dip, it's still up 7% over the past month and 128% over the past year. Cardano founder Charles Hoskinson predicts that SWIFT and other traditional financial systems will become obsolete due to their inefficiency. Technical analysis suggests the price may continue to decline in the short term before potentially recovering. There's been significant whale activity with large ADA purchases, including one for $50.2 million. Predictions estimate ADA could reach $1 by the end of September and $3 by the end of the year. The article also mentions Maxi Doge ($MAXI), a new meme coin currently in presale, having raised over $1.6 million.

The cryptocurrency market experienced a downturn in the last 24 hours, with the total market capitalization decreasing by 3.87% to $3.75 trillion. Bitcoin's value fell by 3.77%, trading near $108,675. Ethereum also declined, dropping almost 4% to $4,340. XRP was among the most affected, decreasing by over 5% to $2.83. Other cryptocurrencies like Solana, Dogecoin, and Cardano also saw declines. This drop occurred after Trumps removal of Fed Governor Lisa Cook on August 28, coupled with growing uncertainty over the Feds September rate decision. Concerns are rising among traders that this selloff might signal the beginning of a larger market correction, given historical patterns of September losses in previous crypto cycles. Analysts suggest that upcoming inflation data could further contribute to potential market declines. Experts are closely monitoring the $100,000 support level for Bitcoin as a crucial point as the year progresses.

The article suggests that altcoins, cryptocurrencies other than Bitcoin and Ethereum, have the potential to increase in value significantly, potentially tripling from their previous highs. It points to historical trends where the TOTAL3 index, which represents the total market capitalization of cryptocurrencies excluding Bitcoin and Ethereum, has seen substantial growth in past cycles. The article notes that the current macro environment, including potential regulatory clarity, new financial products like ETFs, and possible U.S. interest rate cuts, could act as catalysts for this growth. Additionally, there's a sentiment among traders that Bitcoin dominance may have peaked, which could lead to money flowing into altcoins. The article identifies a key resistance level for the TOTAL3 index between $1.1 trillion and $1.3 trillion, a breakout above which could signal further upward movement. Certain crypto traders are particularly bullish, suggesting that smaller, lower-cap altcoins could see even more substantial gains.