Eric Trump has predicted that the price of Bitcoin could potentially reach $1 million, citing increasing global demand as the primary driver. The prediction suggests a substantial future increase in Bitcoin's value based on the assumption of continued and growing interest worldwide.

Federal Reserve Governor Lisa Cook is expected to participate and vote at the upcoming Federal Open Market Committee (FOMC) meeting in September. This is despite efforts by former President Trump to remove her from the board. Her participation is significant because the FOMC meeting will address key interest rate decisions that directly impact the crypto market and broader economy.

The article discusses the ongoing debate about Bitcoin's primary purpose, whether it's meant to be a method of payment or a store of value. While Bitcoin has become increasingly seen as a digital gold and investment asset, figures like Jack Dorsey and Robin Linus (BitVM creator) argue that its original intention was for peer-to-peer electronic cash transactions. They believe focusing solely on Bitcoin as a store of value undermines its potential for everyday use and long-term relevance, as highlighted in Satoshi Nakamoto's initial communications. The shift towards institutional investment and ETFs has arguably detracted from solutions benefiting everyday people and real-world payment applications. Some community members are calling for a serious debate on whether Bitcoin's utility is being limited by neglecting its payment function in favor of its store of value status.

Bitcoin has fallen over 6% this week, trading near $108,500, prompting concerns about the end of its recent surge. Analyst Klarck predicts a potential drop to $90,000, citing a $2.7 billion whale sell-off and institutional exits, suggesting only 30 days remain before a market collapse. This analysis points to declining trading volume and high funding rates as warning signs. Other analysts partially agree, noting bearish divergences on Bitcoin's charts and suggesting the current market cycle is nearing completion. However, some analysts counter this, projecting Bitcoin could rise to $145,000 or even $190,000 due to ETF demand and institutional investment.

Avalanche experienced a significant surge in activity, with transactions increasing by 66% in one week, reaching over 11.9 million and surpassing all other blockchains. This growth coincides with the U.S. Department of Commerce's decision to publish GDP data on the Avalanche blockchain, marking a notable instance of government adoption. Furthermore, Grayscale has filed for an Avalanche ETF, indicating growing institutional interest in AVAX. This combination of government validation, institutional interest, and user activity positions Avalanche for potential long-term growth and stability.

Ripple (XRP) is currently trading sideways against both USDT and Bitcoin, leading to uncertainty among investors. When analyzing XRP against USDT, it's forming a symmetrical triangle pattern, suggesting a significant price move is coming. The analysis leans slightly bearish, with a potential drop to the $2.70 support level. The RSI indicator supports this bearish outlook. A break below $2.70 could lead to a further decline. Conversely, strong buying activity could push the price upward. Examining XRP against Bitcoin, it's holding above a key support area. A previous surge had moved it out of a long-term descending channel. If the 2,500 SAT support holds, a rally towards 3,000 SAT is possible. However, failing to hold 2,500 SAT could result in a fall back into the old channel towards 2,000 SAT, confirming a bearish reversal.

A new company aiming to raise $200 million plans to become a publicly traded firm holding Dogecoin or related investments. The goal is to provide a way for investors to get exposure to Dogecoin through the stock market without directly owning the cryptocurrency. Alex Spiro, a lawyer known for representing Elon Musk, is expected to be the chairman. This venture follows similar moves by other public companies creating crypto treasuries, like Neptune Digital Assets which acquired 1 million Dogecoins, Bit Origin which secured funding for a Dogecoin treasury, and Tesla which accepts Dogecoin for some merchandise. MicroStrategy (now Strategy) previously popularized this approach with Bitcoin holdings. Since the start of the year, public firms have revealed crypto purchases amounting to nearly $132 billion.

XRP's price is around $2.8, showing a slight decrease recently. However, analysts see a potential upward trend if it breaks through the $3.65 resistance level, possibly reaching targets like $3.20 or even $5.35. Institutional investment in XRP is growing, with daily inflows reaching $25 million. Ripple's ODL platform processed $1.3 trillion in transactions in the second quarter of 2025. XRP has become the third most-purchased token this year, with purchases totaling $1.1 billion. Several applications for XRP ETFs are awaiting regulatory approval, which could bring in significant investments. Standard Chartered predicts XRP could reach $5.50 by the end of 2025 and $12.50 by 2028 if institutional adoption continues. For XRP's price to increase, it needs to surpass the $3.65 resistance level, combined with continued institutional support, ETF approvals, and growth of Ripple's ODL platform.

Ethereum's price is at a critical point, currently in a corrective phase after failing to surpass its all-time high of around $4.9K. It has fallen below key support levels, casting doubt on its immediate upward momentum. The price is trading within an ascending channel but has weakened after being rejected at the upper boundary. A break below $4.2K could lead to a further drop toward $3.8K, while holding above $4.2K could allow Ethereum to consolidate and attempt another move towards the $4.8K resistance. On-chain analysis reveals significant liquidation clusters around $4.8K-$5K (upside) and $3.8K-$4.2K (downside), suggesting these levels could act as price magnets. A break above $4.6K could trigger a rally to $4.8K, while a break below $4.2K could open the door to $3.8K.

This week in crypto news, Ethereum reached a new high of $4,945 before settling around $4,600, driven by ETF inflows and adoption. Gemini launched an XRP rewards credit card offering up to 4% back in crypto, and Grayscale filed for Avalanche, Cardano, and Polkadot ETFs. The US Department of Commerce began publishing GDP data on blockchains like Bitcoin and Ethereum. Trump Media invested $105 million in CRO tokens for Truth Social's rewards system, while Crypto.com took $50 million in DJT stock. Binance futures trading experienced a brief outage, and a Trump-backed Bitcoin miner is set to list on Nasdaq. Tether plans to launch USDT on Bitcoin via the RGB protocol, and 21Shares entered the race for the first SEI ETF in the U.S. El Salvador moved its 6,274 Bitcoin into multiple wallets due to quantum computing concerns. Finally, Pantera is looking to raise $1.25B for a Solana play, Mantle now has over $4B in DeFi treasury, and there is growing concern about centralization with Google's crypto moves.

The article compares Shiba Inu, Dogecoin, and Remittix (RTX) to determine which has the best potential to create millionaires this year. Shiba Inu's price has recently fallen about 10% to around $0.000012, and analysts believe it needs to break above $0.000017 to recover. Dogecoin is trading near $0.22, with potential to reach $0.42, which is an 80% increase. Remittix is priced at $0.10, has sold over 628 million tokens, raising over $22.1 million, and is listed on the BitMart and LBANK exchanges. Remittix has a wallet beta in Q3 for crypto-to-bank functionality, international service in 30+ countries, 40+ crypto assets, 30+ fiat currencies, a CertiK audit, and deflationary tokenomics. There is also a community giveaway of $250,000. The article suggests that Shiba Inu's limited utility and Dogecoin's large supply hinder their potential for massive gains, while Remittix's real-world applications and infrastructure give it a better chance of significant growth.

Despite a recent dip in the overall crypto market, some investors, referred to as 'smart money', are buying specific altcoins. Shiba Inu (SHIB) saw its holdings increase by 9.29% among these investors, with nearly 1.2 trillion SHIB moving into stronger hands, and technical indicators suggest a potential bullish reversal if it can hold above $0.00001216. Uniswap (UNI) experienced a 6.51% increase in smart money holdings, totaling 41.67 million UNI, with over $167 million in buying strength observed, and faces immediate resistance at $9.90. Lido DAO (LDO) also saw accumulation from smart money, increasing their stash by 2.36% even as whales trimmed their holdings, needing to build strength above $1.26 for a potential rebound.

XRP's price is currently $2.81, experiencing a 2.35% dip in the last 24 hours. It's ranked #4 in market capitalization at $166.89 billion. The coin faces pressure due to a wider crypto selloff, Bitcoin's decline, and uncertain macroeconomic conditions. On-chain data indicates weakening fundamentals with a decrease in active addresses and futures open interest. XRP has also slipped in market rankings, falling behind Tether (USDT). Key support levels to watch are $2.79 and $2.58; a break below $2.58 could lead to further losses. Resistance levels are at $2.99, $3.09, and $3.25. A rebound above $2.99 could potentially trigger a broader altcoin rally. Separately, Bitcoin Hyper ($HYPER) is launching a presale for its Bitcoin-native Layer 2 solution powered by Solana, aiming to enable faster and cheaper transactions and decentralized applications. The HYPER presale has already raised over $12.8 million, with tokens priced at $0.012825 in the current stage.

Meta is facing criticism for its AI tools being used to create unauthorized chatbots and deepfake images impersonating celebrities like Taylor Swift and Scarlett Johansson. These bots, some created by users and a few internally by Meta employees, engaged in flirtatious conversations, generated sexually suggestive images, and in one instance, created an inappropriate image of a minor. Meta acknowledged policy failures and has removed some bots, promising new safeguards, especially for teenagers. This situation raises concerns about AI safety, potential regulatory pressures, and legal challenges related to intellectual property and publicity rights, particularly concerning the unauthorized commercial use of celebrities' likenesses.

A rumor speculating about the death of Donald Trump has spread, causing fear and uncertainty among crypto investors. The article details that this unconfirmed information is driving market volatility.

Pump.fun's native token, PUMP, has increased in value by 17% this week while the broader crypto market is experiencing a downturn. This increase is due to Pump.fun using platform fees to buy back PUMP tokens, which reduces the number of tokens available and supports the price. PUMP is currently trading at $0.0035, up 40% from a month ago, but still down 50% from its initial launch price in July. Pump.fun has generated $734 million in fees over the past year from users creating tokens on its platform. The company has used $59 million to buy back PUMP tokens. Over 12.5 million tokens have been launched on Pump.fun, with 23 million wallets interacting with the site. Bitcoin is trading at $108,500 and ether at $4,337, both down between 6% and 7% this week.

Raoul Pal, CEO of Real Vision, suggests Ethereum (ETH) is already experiencing a significant rally and anticipates similar moves for other altcoins like XRP. He sees XRP as being in the process of making a large upward move, similar to what Ethereum has already done. Pal also mentioned Solana (SOL) as the next likely candidate for a substantial increase, followed by SUI. He believes Dogecoin (DOGE) will rally when altcoins outside the top 10 cryptocurrencies also begin to rise. Pal cites increased global liquidity due to debt rollovers in major economies and institutional interest as bullish factors for these altcoins. He advises patience, emphasizing that the overall pattern is more important than short-term price fluctuations.

The Pi Network coin has experienced a 5% price increase, reaching a three-week high, with trading volume exceeding $65 million, a 30% increase. This surge is attributed to several factors, including new exchange listings and upcoming ecosystem upgrades. Valour launched a Pi-focused ETP, and Pi Network was listed on Swapfone (BTCC), with trading pairs PI/USDS. The anticipated v23.01 upgrade and mainnet launch in September 2025 are also contributing to positive sentiment. Additionally, a reduced token unlock in September, releasing 161.73 million PI tokens (nearly 50% less than August), is easing supply pressure. The coin is currently trading around $0.37, showing signs of recovery with the potential to extend its rebound if it breaks the $0.4120 resistance level.

A large Bitcoin investor moved over $5 billion worth of Bitcoin into Ethereum, sparking discussions about Ethereum potentially surpassing Bitcoin in market value. This investor traded using Hyperliquid, securing a $33 million profit from a previous Ethereum investment and now holds a substantial amount of Ethereum, making them a top holder. While about $5 billion in Ethereum is awaiting withdrawal, potentially increasing selling pressure, analysts note strong institutional investment, with U.S. Ether ETFs seeing $4 billion in inflows in August. One company, Bitmine, increased its Ethereum holdings to 1.7 million ETH. Technically, Ethereum's price is consolidating around $4,391, targeting $4,265, with potential to reach $5,100 if it breaks above $4,567, but could fall to $4,070 if it drops below $4,265. Bitcoin Hyper is also launching a presale to build a new layer 2 network on Bitcoin using Solana's technology.

Daniel Schatt, former CEO, and Joseph Podulka, former CFO, of the now-bankrupt cryptocurrency lending firm Cred LLC, have been sentenced to prison for their roles in a wire fraud conspiracy. Schatt received a 52-month sentence, while Podulka received a 36-month sentence, along with fines and supervised release. The fraud, which involved using customer funds for risky investments and hiding losses, led to over $140 million in customer and investor losses, now valued at more than $1 billion based on current cryptocurrency prices. A restitution hearing is scheduled for October, and they are set to begin their sentences later that month. Several other crypto executives, including Alex Mashinsky of Celsius and Do Kwon of Terraform Labs, have also faced legal consequences for fraud.

Crypto analysts are suggesting Dogecoin (DOGE) may be poised for a price increase, even amidst a general downturn in the crypto market. One analyst, Unichartz, points to a potential 'squeeze' forming in Dogecoin's price pattern, indicating a possible rise to $0.3, a level not seen since earlier in 2024. However, DOGE needs to break through resistance around $0.28 first. Another analyst, Kevin Capital, is watching Dogecoin's Stoch RSI indicator, hoping it will cross above 20, signaling stronger momentum. He believes that if Bitcoin and Ethereum perform well, Dogecoin could experience a significant rally. Currently, Dogecoin is trading around $0.21, having decreased in value alongside Bitcoin's recent decline from its all-time high.

Cardano is releasing its Ouroboros Leios upgrade proposal for community feedback. This upgrade aims to increase the network's transaction processing speed. The Cardano team is specifically seeking input on the design choices, potential impacts on security and decentralization, and effects on applications running on Cardano. A key concern raised by the community is whether achieving higher speed will require sacrificing decentralization or security, as some other networks have done. Recently, the Cardano community approved roughly $71 million in funding to support core network upgrades over the next year. This marks the first time treasury funds have been directly used for core development purposes.

Meta Platforms is exploring partnerships with Google and OpenAI to enhance its AI capabilities across its products like Facebook, Instagram, and WhatsApp. The goal is to integrate Google's Gemini model and OpenAI's technology to improve Meta AI's chatbot and other AI features. These potential collaborations are considered temporary measures while Meta develops its own advanced AI model, Llama 5, to compete with Google and OpenAI. Meta is investing heavily in its AI division, Meta Superintelligence Labs, and has hired top talent to lead the project. This strategy reflects the urgency in the AI market and Meta's desire to be a leader in AI technology. Meta is also experimenting with AI from other companies, such as using Anthropic's models for internal coding assistance. Meta is taking an "all-of-the-above" approach, combining internal development with external partnerships and open-sourcing some of its technology.

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.

Asset managers are actively updating their applications with the SEC to launch Solana ETFs, following the path of Bitcoin and Ethereum ETFs. Several firms, including Canary Capital, Franklin Templeton, and VanEck, have submitted amended filings, suggesting productive discussions with the SEC. Analysts estimate a high probability of approval, potentially exceeding 90%, and predict Solana ETFs could attract around $8 billion in investments. There are at least 16 Solana ETF applications under review, with deadlines for some decisions in mid-October. The REXShares Solana Staking ETF has already seen significant inflows, exceeding $200 million in assets under management, and is being restructured to improve its competitiveness. This activity indicates Solana is becoming a mainstream investment option alongside Bitcoin and Ethereum, as companies prepare for the next wave of digital asset ETFs.

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.

Tether, the company behind the USDT stablecoin, has reversed its decision to halt operations on five blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Originally, Tether planned to discontinue USDT support on these blockchains, citing a shift in business strategy towards more active and scalable networks, and also due to dwindling activity on these specific blockchains. The initial plan included a September 1, 2025 deadline for users to redeem their USDT holdings on these chains. Now, Tether will allow users to continue transferring USDT between wallets on these blockchains, but it will stop directly issuing or redeeming USDT on them. This means that while users can still move their USDT, Tether will no longer officially support the stablecoin on these five blockchains. The company says this change aligns with its goal to support crypto ecosystems with strong developer activity and user demand. Currently, Tron and Ethereum have the largest USDT adoption, with $80.9 billion and $72.4 billion respectively, while BNB Chain has $6.78 billion. The total market capitalization of USDT is around $167.4 billion.

USD1, a stablecoin from World Liberty Financial (WLFI), is likely launching on the Solana blockchain. This move aims to broaden the stablecoin's adoption, as it is currently available on BNB Smart Chain, Ethereum, and Tron Network. Hints from WLFI's official account and confirmations from a WLFI team member suggest the deployment is imminent. On-chain data indicates that 100 million USD1 tokens have already been minted on Solana in preparation. Since its launch in April 2025, USD1's supply has reached $2.402 billion. This expansion comes as the overall stablecoin market has grown by $7.24 billion in the past week, reaching a total market cap of $283.46 billion. USD1 has seen a 10% increase in the past month, while other stablecoins like Ethena USDe and MakerDAO DAI have seen more significant growth. USD1's deployment on Solana is expected to increase its usage across different blockchain networks. Several exchanges already support USD1, including Coinbase and Binance.

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.

A Messari report on the XRP ecosystem in Q2 2025 reveals growth across various metrics. The circulating market cap of XRP increased by 8.5%, closing at $132 billion, with the price reaching $2.24, a 7.1% rise. Although transaction fee revenue decreased to $680,900 due to fewer daily transactions, RLUSD, Ripple's USD stablecoin, saw significant growth. RLUSD's market cap on the XRP Ledger increased by 49.4% to $65.9 million, becoming the Ledger's largest stablecoin, while its total valuation, including Ethereum, reached $455.2 million. The real-world asset (RWA) market cap on the XRP Ledger also grew by 13% to $131.6 million, led by Montis Group Limited. Furthermore, the launch of the Ethereum Virtual Machine (EVM) sidechain and a partnership with Wormhole enhanced the XRP Ledger's programmability and interoperability, connecting it to over 35 blockchains. The XAO DAO also debuted, aiming to foster decentralized governance and allocate grants for ecosystem development.

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.

Canary Capital CEO Steve McClurg predicts that XRP ETFs will attract $5 billion in inflows within their first month of launch, potentially outperforming both Bitcoin and Ethereum ETFs. McClurg believes XRP's popularity on Wall Street and its clear use case in the payment industry will drive this success. He also anticipates the launch of XRP ETFs by the end of 2025, citing the existence of XRP futures products as a positive factor. McClurg also points to the strong XRP community and its distinct role in cross-border settlements as reasons for his optimistic forecast, suggesting XRP ETFs could financially outperform Ethereum ETFs. An earlier report suggested that, were XRP ETFs to see $5B in inflows, XRP could increase in price to $26 per coin.

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.

Polygon (POL) is gaining traction with its QuickSwaps QUICK token now listed on the Indian crypto exchange Giottus. Polygon is also being utilized by the US Department of Commerce and the Philippines government for blockchain applications. Polygon experienced a 10% monthly gain, driven by the popularity of Courtyard NFTs. Grayscale is adding Polygon to its spot ETFs, signaling increased institutional interest. However, the overall crypto market is down, with a market cap decrease from $4 trillion to $3.77 trillion after liquidations. Bitcoin fell below $110,000, while Ethereum remained around $4,300. Pig butchering scams resulted in authorities freezing $47 million in USDT, and the US Department of Justice seized $225 million from a stablecoin investment fraud.

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.

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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.