Asian stocks rose slightly while the dollar held steady
Asian stocks saw slight gains due to positive company earnings in the technology sector. Investors are waiting for a U.S. inflation report which is expected to influence bond prices and the value of the dollar. Japan's stock market was closed for a holiday but futures prices suggest it may test a record high later in the week. The U.S. is expected to extend a deadline for new tariffs on Chinese goods. U.S. President Trump and Russian President Putin will meet to discuss the conflict in Ukraine. The U.S. dollar remained stable as traders anticipate the inflation data and monitor U.S.-China trade discussions before the tariff deadline. Oil prices decreased, adding to losses from the previous week, following increased oil production from OPEC and anticipation of potential agreements between the U.S. and Russia regarding Ukraine.
Ethereum Developer Detained in Turkey Over Blockchain Misuse Allegations What We Know So Far
An Ethereum developer known as Fedes Intern has been detained in Izmir, Turkey, accused of helping people misuse the Ethereum blockchain. Fedes Intern denies the allegations and says he is cooperating with authorities, asserting that his work and companies have not assisted in any illegal activities. He has contacted lawyers and international contacts and may leave the country to fight the allegations from abroad. The situation has sparked debate within the crypto community about potential overreach by governments in regulating blockchain infrastructure, drawing comparisons to a similar case involving a Binance executive in Nigeria. The specific activities that led to the detention and whether the charges target Fedes Intern personally or a company remain unclear.
ZRO soars 22% as LayerZero proposes to acquire Stargate Finance
The cryptocurrency ZRO, associated with the LayerZero ecosystem, experienced a significant increase in value, rising by 22% in 24 hours and reaching $2.5. This surge followed LayerZero's proposal to acquire Stargate Finance for $110 million. If approved by STG token holders, the Stargate Finance token (STG) would be discontinued, and holders would exchange their STG for ZRO. The price of STG also increased by 15% following the announcement, with a preliminary vote already showing 70% approval for the acquisition. Technical indicators suggest ZRO may continue to rise, potentially reaching $2.8 or even $3, but a market correction could lead to a drop to around $2.0 or lower.
XRP Price Could Outshine Nvidias 11,000% Rally, Expert Targets $60
According to Jake Claver, Managing Director of Digital Ascension Group, XRP has the potential for significant price growth due to its unique supply and demand dynamics in the crypto market. Claver suggests that because the actively traded supply of XRP is smaller than the total supply, even modest demand could lead to substantial price increases. He references a market cap multiplier concept that suggests every $1 invested could add $50 to XRP's market cap. Claver estimates XRP could reach a price of $50 or $60. The article draws a comparison to Nvidia's stock, which rose by over 11,000% as it transitioned from a gaming company to an AI leader. The article suggests that XRP, having survived an SEC lawsuit and maintained a top-10 market cap position, could similarly transform and experience massive growth with institutional adoption and increased utility.
Media Personality Reveals XRP Price Target for 2025 if Bitcoin Hits $145K and Ethereum Claims $5,350
Media personality Jake Gagain has predicted that XRP could reach $7.75 in 2025 if Bitcoin hits $145,000 and Ethereum reaches $5,350. This XRP target would be a new all-time high, representing a 133% increase from its current price of $3.32. Other predictions include BNB reaching $1,250, Solana at $425, Cardano at $2.25, and SUI at $13. Bitcoin's target of $145,000 represents a 24% increase, while Ethereum's target of $5,350 is a roughly 28% increase from current prices. This comes amid a recent crypto market recovery, with altcoins like Ethereum leading the rebound.
Vitalik Buterins Ethereum Holdings Top $1 Billion as Whales Fight For Limited ETH Supply
Vitalik Buterin's Ethereum holdings have exceeded $1 billion, as publicly documented through blockchain explorers like Arkham. Simultaneously, the market for large, private Ethereum trades is experiencing a supply shortage, with reports of limited ETH availability on over-the-counter (OTC) desks. This scarcity may force large buyers to purchase ETH on public exchanges, potentially driving up the price. The situation has also reignited discussions about Ethereum's position relative to Bitcoin, with some speculating about a potential shift in market dominance.
Crypto Market Cap Swells as Bitcoin Pushes Near $122K, Ethereum Eyes $4.5K
The cryptocurrency market experienced a surge, with the total market value increasing nearly 2% to $4.13 trillion. Bitcoin's price rose to almost $121,900, while Ethereum's price climbed to $4,295, driven by strong institutional demand. El Salvador approved a law allowing investment banks to hold Bitcoin, potentially making it a crypto hub. Ethereum's rise is supported by large inflows into ETH treasuries and exchange-traded funds. Corporate treasuries are also accumulating ETH, with Bitmine Immersion Technologies holding the most. Social media sentiment is optimistic, but analysts caution that too much retail buying could slow down the rally. Bitcoin and Ethereum are approaching new highs.
The $0.035 Crypto Targeting $4 in Just Months Could Leave XRP (XRP) Investors Regretting They Didnt Buy Sooner
Mutuum Finance (MUTM) is in its presale phase, currently priced at $0.035 in Phase 6, and has raised over $14.3 million from over 15,000 holders. The project aims to launch its beta platform alongside its token listing on major exchanges like Binance, KuCoin, Coinbase, and Kraken. MUTM is designed as a decentralized lending protocol, enabling users to lend or borrow crypto assets. It will utilize Layer-2 technology to improve transaction speeds and lower costs. The project has undergone a security audit with CertiK, achieving a Token Scan Score of 95 and a Skynet rating of 78. Mutuum Finance plans to implement a buyback-and-distribute model, using platform revenue to repurchase MUTM tokens and distribute them to stakers. The presale is accompanied by a $50,000 bug bounty program and a $100,000 giveaway. The listing price is set at $0.06, with potential for further growth, and the project targets listings on top exchanges.
Institutions Are Eyeing Your XRP And They Want It Cheap
Financial analyst Levi Rietveld is cautioning XRP holders that institutions are actively trying to acquire large amounts of XRP at reduced prices. He suggests that these institutions may use tactics like manipulating the market with tariff-related news to create fear and trigger retail investors to sell their XRP holdings. Rietveld highlights that institutional buying of XRP in the current market cycle is significantly higher, 35 times greater than in the previous cycle. He believes potential approval of XRP ETFs could attract billions of dollars in investment, similar to what happened with Bitcoin and Ethereum ETFs. Rietveld advises against selling XRP prematurely, noting its tariff-immune nature and potential for growth with upcoming catalysts like ETF approvals and interest rate cuts.
[LIVE] Crypto News Today: Latest Updates for August 11, 2025 Bitcoin Price Breaks Above $122K, ETH Hits Highest Level Since Late 2021
On August 11, 2025, the cryptocurrency market experienced a general increase, with the total market capitalization exceeding $4.1 trillion, a 2% rise. Bitcoin's price increased by 3.3%, reaching over $122,000, nearing its all-time high. Ethereum also rose, hitting above $4,300, its highest value since late 2021. The NFT sector saw the largest gains, rising by 4.28%, with Zora and Pudgy Penguins showing strong performance. The DeFi sector grew by 1.79%, boosted by Lido DAO and Ethena. CeFi also experienced growth, increasing by 1.41%.
J.P. Morgan Taps Marex as Clearing Firm for Settlements on its Blockchain
J.P. Morgan is partnering with Marex Group Plc, a financial services company, to use J.P. Morgan's Kinexys Digital Payments system for faster and more secure payments. Marex will be the first clearing firm to use Kinexys' blockchain deposit accounts, streamlining operations for its clients. Brevan Howard Digital (BHD), a digital asset management division, is also involved, working to develop the blockchain infrastructure. The Kinexys system facilitates instant, 24/7 settlements using blockchain accounts, aiming to reduce payment settlement times, risks, and costs while maintaining traditional financial security. J.P. Morgan's journey into blockchain began in 2016 and evolved into Kinexys, which has processed over $1.5 trillion in transactions, averaging $2 billion daily. J.P. Morgan has also launched JPMD, a coin representing dollar deposits, and is rumored to offer crypto-backed loans. They have also partnered with Coinbase to allow Chase cardholders to fund their accounts.
Prove, dont show: Why Zero-Knowledge proofs are TradFis next security layer
The financial industry is facing increasing cybersecurity threats and regulatory burdens, leading to a demand for more personal data from customers which creates more vulnerabilities. Traditional finance relies on revealing underlying data for verification and compliance, which increases the risk of data breaches. Zero-knowledge proofs (ZKPs) offer a solution by allowing one party to prove something is true without revealing the underlying data. The average cost of a data breach for banks and insurers in 2024 was $6.08 million, 22% higher than the cross-industry average. Banks lose potential clients due to complex KYC and onboarding processes, costing around $128 per customer with an 18% abandonment rate. Some financial institutions are exploring ZKPs to enhance data confidentiality and prove compliance, such as Socit Gnrale Forge's digital bond issuance and the European Banking Authority's exploration of ZKPs for digital compliance. ZK-rollups can batch thousands of trades into a single proof, offering near-instant finality without revealing sensitive details. Recent advancements have made ZKPs faster, more scalable, and more accessible, making them a viable option for traditional finance to improve security and privacy.
Ethereums price has risen above $4,300 and may overtake Bitcoin in value within a year
Ethereum's price has surpassed $4,300, prompting speculation that it could exceed Bitcoin's value within a year. This rise is attributed to strong market patterns, increased institutional interest, and a shift in investor focus from Bitcoin to other cryptocurrencies. Analysts point to potential technical targets for Ethereum, ranging from $6,000 to $20,000 in the coming months. Some experts believe this surge is driven by genuine demand, while others suggest large holders of both Bitcoin and Ethereum are strategically manipulating the market. Bitcoin's share of the crypto market is decreasing, supporting the idea of an 'altcoin season,' where alternative cryptocurrencies gain more prominence.
Ethereum Breaks ATH in Japan and Korea in Local Currencies
Ethereum has reached new all-time high prices in Japan and South Korea when measured in their local currencies (Yen and Won) on August 10th. The price of Ethereum hit 639,455 Yen in Japan and 5,971,000 Won in South Korea, exceeding previous highs from December 2024 and December 2021 respectively. This increase is likely due to higher demand within those countries, as their currencies have actually strengthened against the US dollar recently. The price increase in Ethereum is driven by adoption of the technology and investment in Ethereum by publicly traded companies in the United States.
Ethereum Stages Sharp Rebound After BlackRock Outflows, Fueled by Corporate Buying and Bullish Rate-Cut Bets
Ethereum experienced a significant rebound after an initial dip caused by substantial outflows from BlackRock's Ethereum spot ETF, totaling $375 million. This recovery was largely driven by increased purchasing activity from U.S.-listed companies and Bitmain. The market is currently sensitive to economic data, particularly inflation and employment figures, as these influence expectations for Federal Reserve interest rate cuts. The potential for three rate cuts in 2025 is a key factor affecting market sentiment, with crypto assets like Ethereum reacting to shifts in these expectations. Furthermore, positive statements from Wall Street analysts, like Tom Lee's call to buy Ethereum, and supportive actions from the Trump administration, such as protecting crypto businesses, contributed to Ethereum's 25% weekly gain, outpacing Bitcoin's 5.4% increase. The upcoming CPI release will be crucial in determining the direction of interest rate policies and the crypto market's trajectory.
Bitcoins Bull Run Set To Return, Remittix Emerges As The Top Performing Altcoin Of The Year!
Bitcoin's price is currently around $116,869.90, showing a slight increase. Its market capitalization is $2.32 trillion, but trading volume has decreased by 12.88% to $55.61 billion. Remittix (RTX) is highlighted as a promising altcoin, currently priced at $0.0895. It has raised over $18.5 million through its presale, selling 587 million tokens. Remittix aims to facilitate fast crypto-to-bank transfers in over 30 countries and is launching a beta wallet in Q3 2025 with real-time foreign exchange conversion. The project supports over 40 cryptocurrencies and 30 fiat currencies and is audited by CertiK. Remittix is also running a $250,000 giveaway to promote community growth. The upcoming beta wallet is designed for user-friendly cross-border payments.
Intel CEO to meet U.S. President Trump after demand for his resignation
Intel CEO Lip-Bu Tan is scheduled to meet with U.S. President Trump after Trump publicly called for Tan's resignation due to concerns about Tan's investments in Chinese technology companies, some of which allegedly have ties to the Chinese military. Trump expressed that American tech firms should be led by loyal Americans, citing national security concerns. Intel's stock price fell over 3% following Trump's comments. Tan, who became Intel CEO earlier this year, will defend his record and emphasize Intel's strategic role in the U.S. economy, including investments in domestic chip plants and research. The scrutiny intensified after reports surfaced that Tan invested over $200 million in Chinese chip companies, and his former company, Cadence Design Systems, faced charges for selling software to a Chinese military university.
Trumps Renewed Crypto Push
President Trump has reaffirmed his commitment to making the United States the global leader in cryptocurrency, expressing positive views on Bitcoin and other cryptocurrencies. His administration has achieved key policy wins, including the passage of the GENIUS Act, which provides regulatory clarity for stablecoins, and a ban on central bank digital currencies (CBDCs). Plans for a strategic Bitcoin reserve are still underway. The crypto market's recent gains are being tested by upcoming U.S. inflation data, which will influence expectations for interest rate cuts. The odds of a rate cut in September have increased to 82% according to Polymarket. While some believe the market has already priced in positive news, others caution about a potential market crash if economic conditions worsen, citing concerns about weak treasury demand and recession fears. The current market situation presents a mix of political optimism and economic uncertainty, making the outlook for cryptocurrencies potentially volatile.
Understanding Bitcoin Mining Efficiency: Insights for Digital Asset Stakeholders
Bitcoin mining is evolving due to concerns about energy use and regulations. The industry is shifting from older hardware like CPUs and GPUs to more efficient ASICs, but these require constant upgrades. Bitcoin mining consumes a significant amount of energy, around 130-150 TWh annually, comparable to the energy use of smaller countries. To reduce environmental impact, miners are increasingly using renewable energy sources like hydropower, wind, solar, and even flared methane gas. Regulations vary globally, with some regions like New York imposing restrictions, while others like Texas and Wyoming are pro-mining. The U.S. now accounts for about 37-40% of the global Bitcoin hashrate after China's mining ban, with other hubs in Kazakhstan, Russia, and Canada. New technologies like immersion cooling are improving energy efficiency. While large companies dominate mining, smaller miners can participate through pools and colocation centers. The future of Bitcoin mining depends on addressing environmental, social, and governance (ESG) concerns. Profitability is affected by Bitcoin price, block rewards (currently 6.25 BTC), transaction fees, network difficulty, electricity costs, and hardware expenses. Some regions see mining as a way to use surplus energy and strengthen their economies. The industry is becoming more integrated with traditional finance and energy markets.
Nvidia and AMD to hand over 15% of China chip revenues to US
Nvidia and AMD have agreed to give 15% of their revenue from sales of specific AI chips (Nvidia's H20 and AMD's MI308) in China to the U.S. government. This agreement was a condition for the companies to receive export licenses to sell these chips, which were designed to comply with existing export restrictions, in China. Analysts estimate this arrangement could result in billions of dollars going to the U.S. government, with one projection suggesting over $3 billion from Nvidia's H20 sales alone in 2025. This move is considered unprecedented, raising concerns about national security and its potential impact on U.S. technological leadership. The approval of these licenses came after high-level talks and reflects a blend of trade, security, and economic policy, as the U.S. balances access to the Chinese market with concerns about technology transfer and national security.
Hiring freeze looms as rising costs and weak demand stall UK job market
UK employers are slowing down hiring due to rising labor costs, including increased national insurance contributions and minimum wage, coupled with weak demand and anticipation of further tax increases. A report indicates recruitment activity is near a two-year low, with many employers in sectors like hospitality and retail pausing recruitment. Surveys show a decrease in employers planning to hire in the next three months, with some considering cautious redundancies. Economists caution that without support, hiring may remain weak into 2025, potentially hindering economic recovery. While official data presents a mixed picture, with some figures showing rising employment, economists question the accuracy of the data, suggesting the labor market is cooling.
Ethereum Surges Past $4,300 as Markets Await Pivotal CPI Data
Ethereum's price increased past $4,300 as markets anticipate upcoming economic data. Concerns about potential stagflation in the U.S. due to rising prices and declining employment have caused market volatility, influencing expectations for interest rate cuts by the Federal Reserve. Ethereum experienced a surge following comments from Fed Vice Chair Michelle Bowman suggesting three rate cuts are necessary. BlackRock, a major player in the ETF market, withdrew $375 million from its Ethereum spot ETF and $292.21 million from its Bitcoin spot ETF. Strategic ETH purchases from U.S.-listed companies helped Ethereum recover, and Bitmain increased its Ethereum holdings. Tom Lee suggests that buying Ethereum is a crucial investment for the next decade. Market focus shifts to the U.S. Consumer Price Index (CPI) release, as well as the Producer Price Index (PPI) and industrial production/retail sales figures, for insights into the U.S. economy. FedWatch data currently shows an 88.4% probability of an interest rate cut at the September FOMC meeting.
Asia Morning Briefing: Tokenized Assets Will Eclipse DeFi, Chronicle Founder Niklas Kunkel Says
Chronicle, a data provider for secure on-chain financial information, has partnered with Grove Protocol, an institutional credit platform managing $1 billion in tokenized assets. Chronicle's founder, Niklas Kunkel, believes tokenized assets will drive the next phase of growth in decentralized finance (DeFi), bringing trillions of dollars in liquidity beyond Bitcoin and Ethereum. He also highlights the growing importance of data providers like Chronicle in managing risks associated with tokenized assets, especially as they integrate with traditional finance. Kunkel anticipates regulators will increasingly adopt oracles for regulatory oversight within DeFi. In market news, Bitcoin is up 2% trading at $119K, supported by a positive outlook for the S&P 500. Ethereum is trading above $4200, driven by the forced closure of short positions. Gold prices are near record highs due to weak economic data and a dovish stance from the Federal Reserve.
Bitcoin exec warns violent wrench attacks on crypto holders have increased alarmingly in 2025
In 2025, violent attacks like kidnappings and assaults targeting cryptocurrency holders to steal their private keys are increasing significantly. Experts are saying that this year may be the worst year yet for these types of crimes. A major cause is the exposure of over 80 million crypto user identities online, often due to data leaks from exchanges and wallet services that collect personal information under regulations. Criminals use this leaked data, combined with blockchain analysis, to identify and target crypto holders, even those with relatively small amounts, as little as $6,000. The crypto community is responding by increasing security measures, such as hiring personal security, using privacy tools, and improving online safety habits.
Bessent says next Fed chair must look beyond rates
U.S. Treasury Secretary Scott Bessent stated the next Federal Reserve chair should have a broad understanding beyond just interest rates, emphasizing the importance of maintaining the dollar's reserve currency status through sound economic policies. Bessent also commented on the Bank of Japan, suggesting they should focus on inflation and growth, allowing exchange rates to adjust naturally. There are about 10 candidates being considered to replace current Fed Chair Jerome Powell when his term expires in May, including James Bullard, Marc Sumerlin, Kevin Hassett, Kevin Warsh, and Christopher Waller. President Trump has expressed a preference for a chair willing to cut interest rates and is moving to fill Fed Board positions, with Stephen Miran set to finish Adriana Kugler's term, and the search for a nominee for the upcoming 14-year term ongoing.
Cardano Teams With New Institutions While Remittix Gains Mainstream Attention Can It Dominate Payments?
Cardano is experiencing price growth, currently over $0.80, due to new partnerships, including a collaboration with the World Bank to develop CBDC projects in emerging economies and partnerships with up to five African countries for digital identity systems. Analysts project its price could reach $2.50. Simultaneously, Remittix, a crypto payment solution, is gaining mainstream attention and support, potentially reaching a 30x increase this year. Remittix's growth is attributed to its crypto-to-fiat payment options and upcoming milestones like a beta wallet launch in September, a successful audit by CertiK, and market launches across top centralized exchanges. Remittix price prediction suggests it could reach $3 this year, a 3200% growth from its current $0.09 price.
XRP Army Declares Victory: Right Side of History After SEC Bows Out of Ripple Case
The U.S. Securities and Exchange Commission (SEC) has ended its lawsuit against Ripple, a company associated with the cryptocurrency XRP. The lawsuit, initiated in 2020, alleged that Ripple conducted an unregistered securities sale of XRP worth $1.3 billion. Ripple contested this, arguing XRP is not a security. Ultimately, both the SEC and Ripple agreed to cover their own legal fees, with Ripple paying $125 million as part of a previous agreement in June. The price of XRP initially fell from around $0.56 to $0.21 after the lawsuit was announced but has since recovered. Supporters of XRP, often referred to as the "XRP Army," view the lawsuit's conclusion as a victory against regulatory overreach and are now focused on increasing XRP's value.
Ethereum Developer Reportedly Detained in Turkey All We Know So Far
Ethereum developer Fedes Intern was reportedly detained in Izmir, Turkey, accused by Turkish authorities of assisting in the misuse of the Ethereum network. Fedes Intern denies any wrongdoing, stating he and his team are infrastructure builders and are willing to cooperate with authorities. He claims Turkey's Minister of Internal Affairs made the accusation. Although the specifics of the alleged misuse are unclear, some legal experts question the basis for the detention. Fedes Intern reported being moved to a private room and receiving food, and claimed arrangements were being made for him to leave Turkey via private jet to Europe. Upon leaving Turkey, he plans to fight the charges with a legal team. The situation remains unclear, with questions surrounding the specific charges, whether the detention is connected to other arrests, and what actions constitute misuse of Ethereum.
Tether CEO Paolo Ardoino Reveals Insane USDT Performance Stats
Tether's CEO, Paolo Ardoino, announced the company's Q2 2025 performance, highlighting significant holdings in U.S. Treasuries, gold, and Bitcoin. Tether is now ranked among the top 18 holders of U.S. Treasuries globally, possessing $127 billion worth. Their gold reserves have increased to $8.7 billion, totaling 82 tonnes, placing them alongside major central banks. Tether also holds a substantial amount of Bitcoin, exceeding 100,000 BTC. The USDT stablecoin remains the largest in the market, with a circulating supply of 164.51 billion and daily trading volumes exceeding $114 billion. Tether reported net profits of $4.9 billion for Q2 2025, bringing the total for the first half of the year to $5.7 billion, largely driven by gains in Bitcoin and gold. The company issued $13.4 billion worth of USDT in Q2, totaling $20 billion for the year. Tether has also expanded its investments, acquiring a majority stake in Twenty One Capital, investing in Rumble, and developing Tether AI. Furthermore, they've taken a minority stake in the Spanish crypto exchange Bit2Me, leading a $30 million funding round to support its European expansion.
Trump-Appointed Crypto Council Head to Step Down
Bo Hines, the head of the White House Crypto Council since December 2024, is resigning from his position. During his time leading the council, Hines oversaw the push for crypto regulations and the passage of the GENIUS Act, which created a framework for stablecoins pegged to the dollar. He also helped with the release of a regulatory roadmap for digital assets and worked on creating a Bitcoin strategic reserve. Hines suggested revaluing US gold holdings to free up funds for Bitcoin purchases. He will continue as a special government employee to assist with AI initiatives alongside AI and Crypto Czar David Sacks. Patrick Witt, Hines' deputy, is expected to take over his role. Witt has a background in defense technology investment but no direct experience in the crypto industry.
Dogecoin Trading Volume Spikes But Remittix Leads In Percentage Gains Will Investors Rotate Fully Into RTX?
Dogecoin's trading volume has increased by 8% after a period of sideways movement, with its price currently at $0.21. Traders are watching for resistance points at $0.24, $0.30, and a future target of $0.38. Meanwhile, Remittix (RTX) is highlighted as a potentially promising cryptocurrency project, projecting gains of up to 500% by 2025. Remittix is designed for cross-border payments, with the beta launch of its wallet scheduled for September 15. Early investors can still get a 40% bonus on tokens.
Toncoin (TON) Price Prediction: Toncoin Tests $3.40 Resistance as Bulls Gear Up for a Potential Double-Digit Surge
Toncoin's price is around $3.39, showing a slight increase. Market watchers are positive, anticipating further gains. Telegram's deeper integration of blockchain technology is seen as a driver for Toncoin adoption, given Telegram's large user base. Technically, Toncoin is in a neutral zone, potentially setting up for a move higher. Resistance is seen at $3.75, with a break above potentially leading to $4.00. Support is found around $3.02. Long-term, some models predict prices between $9 and $12, while optimistic scenarios for 2030 range from $14 to $18, dependent on Telegram's user base and ecosystem growth. A move above $3.60 is seen as a trigger for further upward momentum.
Beeples NFT Stunt Fuels 25% Surge for Nakamigos Troll or Market Play?
Digital artist Beeple staged an event where he presented a fake interview suggesting that Nakamigos NFTs predated and were linked to CryptoPunks, causing the price of Nakamigos to initially surge by almost 140%. The claim was quickly debunked as satire, and the price increase settled to around 25%. The stunt sparked debate in the NFT community, with some viewing it as harmless fun and others as potential market manipulation. The incident highlights the volatility and speculative nature of the NFT market and Beeple's influence within it. It also contributed to a renewed interest in the digital collectibles sector.
Binance Coin Sees 4x Growth as Traders Eye $1,700 Resistance Zone
Binance Coin (BNB) has seen significant growth recently, increasing fourfold from $217 to around $861. Currently trading around $807, it has risen 1.39% in the last 24 hours. Trading volumes are high, exceeding $1.2 billion, indicating strong market interest. The coin faces resistance levels between $1,500 and $1,700, and breaking above $1,700 could lead to further price increases. BNB's performance is closely tied to Binance's actions and CEO Changpeng Zhao's decisions, influencing investor confidence and the coin's value.
Solana Price Prediction: SOL Eyes $260 as Cup-and-Handle Breakout Setup Gains Strength
Solana's price is currently facing a key resistance level at $185. A break above this level could trigger a rally towards $260, based on a multi-year cup-and-handle pattern. Analysts have identified Fibonacci targets at $219 and $245 as potential milestones along the way. A large whale investor is facing $190 million in unrealized losses from short positions on Solana, which could lead to a short squeeze if the price breaks through resistance. If the price successfully breaks through $185, short sellers may be forced to buy Solana to cover their positions, further driving the price up.
Bitwises Matt Hougan: Markets still arent pricing the SECs crypto pivot
Matt Hougan of Bitwise believes the market hasn't fully reacted to what he sees as a major shift in the SEC's stance on crypto. He points to a speech by SEC Chair Atkins outlining "Project Crypto," a plan to integrate crypto into the U.S. regulatory system, including tokenization, on-chain market structures, and DeFi. Hougan views this as a bullish signal, suggesting the SEC is moving towards creating clear rules for crypto, potentially leading to large financial services companies worth over $1 trillion. The SEC's actions include dismissing certain crypto cases, reorganizing its crypto unit, and aiming to establish rules for token custody, distributions, staking, and tokenized securities. This coordinated approach between the SEC and CFTC, along with Wall Street's increasing interest in tokenized assets, could create a more favorable environment for crypto innovation, particularly for platforms like Coinbase and Robinhood. Hougan also believes that the price of Bitcoin does not reflect this development and that the price is expected to rise significantly. There is a possibility of Bitcoin reaching 200,000 USD this year.
Ethena (ENA) Price Prediction: Ethena Gains 14% in 24 Hours as Golden Cross Sparks $1 Breakout Move This August
Ethena (ENA) has experienced a significant price increase, rising 14% in the last 24 hours and 144% in the past month, currently trading around $0.74. Technical indicators suggest a continuing uptrend, with a "golden cross" formation indicating potential for further price gains. Whale accumulation has increased, with large holders increasing their positions by over 30% in the past week, supporting the bullish outlook. Key resistance levels to watch are $0.76, $0.80, and $1.00, with potential targets extending to $1.13 and $1.50 if the uptrend continues. Support is found at $0.51 and around $0.58. The rise coincides with the expansion of Ethena's ecosystem, including the USDtb stablecoin.
Inside the mind of Lyn Alden: Bitcoin, AI, and the unstoppable deficit train
Lyn Alden, a macroeconomics expert, discusses the U.S. fiscal deficit, which she describes as a runaway train due to high spending outpacing the government's ability to pay. The U.S. government owes $36.9 trillion, over 120% of GDP, increasing by $1 trillion quarterly. Tariffs might slightly slow the deficit, but their impact is limited. A weak jobs report has led to some bearish views on crypto, but Alden believes that while it might slow earnings, it could also lead to a more dovish stance from the Federal Reserve, which is generally good for Bitcoin and crypto. She expects Bitcoin to reach higher highs this cycle, potentially exceeding $150,000, but anticipates longer and less extreme cycles. She is not overly concerned about Bitcoin treasury companies impacting centralization but emphasizes the importance of monitoring leverage in the system. Alden also characterizes the 2020s as a decade of inflation, driven by energy constraints and ongoing money printing. She is optimistic about AI's potential to increase productivity and create new job opportunities, despite potential disruptions.
Uniswap Price Prediction: UNI Eyes $14 as Support Levels Hold Amidst Bullish Rally
Uniswap's price is showing signs of a potential rise towards $14, with significant trading activity and strong buying interest. The price has broken through previous resistance levels and is approaching a key area around $11.20 to $11.60, where sellers might try to take profits. If the price surpasses this area, it could pave the way for a move towards $13.80 to $14.80. Important support levels are identified around $9.50 to $9.80 and $8.20 to $8.40, indicating buyers are defending these price floors. Recent trading volume is high, around $636 million, confirming active market participation. Despite a recent price drop, buyers quickly stepped in, pushing the price back up. Technical indicators suggest a period of consolidation, with the price currently near the mid-Bollinger Band around $10.11, which could act as a support level.
Worldcoin Potential Golden Ticket Unveiled as Analyst Predicts Major Breakout
Worldcoin is currently trading around $1.08, showing signs of a potential breakout from a pattern that suggests an upward price movement. Analysts are watching for the price to break above $1.40 as an initial confirmation, and particularly above $1.65, which could trigger a significant rally toward targets of $4.13 and $11.74. Recent trading volume has been high, exceeding $188 million in the past 24 hours, indicating strong market interest and support around the $1.07 level. Technical indicators suggest a short-term correction, but the Relative Strength Index shows signs of a possible bullish reversal. Traders are advised to monitor key resistance levels for potential breakout signals, while holders may view the current phase as an opportunity to accumulate the coin.
Turn $500 into $2,500? How LYNOs Next Presale Phase Could Boost Your Investment by 400%
The LYNO project is holding a presale for its cryptocurrency token. The project aims to use AI to find arbitrage opportunities across multiple blockchain networks. The presale has different stages, and early participants have the potential to see significant returns if the project gains traction. The article suggests a potential 400% ROI, turning a $500 investment into $2,500 by the final presale round. The LYNO token will be used for governance and staking within the platform. The staking system has tiers that reward users based on the amount of tokens and the length of time they are committed. The presale supports ETH, USDT, and USDC and has been audited by Cyberscope. There is also a giveaway of 100,000 LYNO tokens for those who complete social tasks and invest at least $100 in the presale. 28% of the total token supply is allocated to the community presale, with the remaining tokens reserved for the team, advisors, liquidity, treasury, community growth, and marketing. The current presale price is $0.05 per token.
Cardano Price Prediction: ADA Holds Breakout Structure as Bulls Eye $2.00 in 2025
Cardano (ADA) is showing signs of a potential recovery, currently down 73% from its all-time high, a level historically associated with accumulation phases. It's retesting a breakout level near $0.78, aiming for the $0.86-$0.88 resistance zone. ADA is trading above its 7-day, 25-day, and 99-day moving averages, indicating bullish momentum. A bullish flag pattern suggests a potential move towards $1.60. If this pattern holds and ADA surpasses $1.60, a $2.00 target in 2025 could be possible, though the path will likely involve resistance and market volatility.
Ripples $3.28 Billion Escrow Unlock Derails XRP Price Breakout
Ripple's XRP price rally faced a setback due to the release of 1 billion XRP tokens from escrow, worth $3.28 billion. These tokens were unlocked as part of a 2017 protocol to stabilize market supply, but the move triggered concerns of a potential sell-off, causing fear and uncertainty within the XRP community. Ripple's CTO clarified that these releases occur on the first day of each month and don't automatically result in on-ledger activity. Currently, 35.6 billion XRP remain in escrow. Analysts suggest that XRP's price might experience a further downtrend before a potential turnaround if the immediate support level of $3.1061 fails to hold. A price increase could resume if buying pressure increases, but resistance exists between $3.4000 and $3.5493. A candlestick close above $3.4687 could lead to a 7% increase, potentially reclaiming a peak of $3.6607.
Is US President Donald Trump Bullish On Bitcoin? Heres His Latest Say On Crypto
US President Donald Trump reiterated his commitment to making the United States the crypto capital of the world, hinting at a bullish stance on Bitcoin and other cryptocurrencies. His administration has been working on integrating crypto with traditional finance, including creating a strategic Bitcoin reserve, though progress is slow. Key achievements include passing the GENIUS Act, providing regulatory clarity for stablecoins and setting the stage for institutional investment, as well as tax policy reforms benefiting DeFi and banning CBDCs. The crypto market experienced a recovery, influenced by anticipation of potential Federal Reserve rate cuts which depend on upcoming inflation data. Concerns remain about a possible market bubble, with some analysts warning of a potential crash and recession due to controversies surrounding jobs data and other economic indicators.
NFTs Beat DeFi in Activity as Both Sectors Explode in July
Web3 experienced significant growth in July, with both DeFi and NFTs showing strong performance. The total value locked in DeFi increased by over 30%, reaching $259 billion. Tokenized stocks saw a major surge, with wallet interactions increasing dramatically. Ethereum remained the leader in DeFi, while Solana saw Hyperliquid becoming a key revenue generator. Regulatory developments, including the GENIUS Act and CLARITY Act, also played a significant role. The NFT market also rebounded, surpassing DeFi in activity. NFT trading volume increased by 96% to $530 million. The average NFT price more than doubled, driven by demand for high-value collections. Major brands like Starbucks, Nike, and Louis Vuitton launched NFT initiatives, signaling a shift towards utility and real-world applications.
Optimism Price Prediction: Major Reversal and Volume Spike Could Signal New Trend
Optimism (OP) experienced a price correction after a strong uptrend that peaked around $0.82 in early August. The price has since pulled back to around $0.77, accompanied by a slight decrease in open interest in derivative contracts to 99.5 billion, suggesting some leveraged positions were closed. A significant surge in 24-hour trading volume, exceeding $274 million, coincided with a price bounce, indicating strong buyer interest. Technical indicators show the price trading near the mid-Bollinger Band, signaling a consolidation phase. The Relative Strength Index (RSI) is at 58, showing moderately bullish sentiment, but has declined from near-overbought levels, aligning with the price pullback.
Avalanche (AVAX) Price Prediction: $27 Breakout Could Open the Path to $36$38
Avalanche (AVAX) has shown positive signs, recently turning a resistance level into a support level, indicating potential for further price increases. It's currently testing the $23.30 zone, and holding above this could lead to a move towards $26-$28. A break above $27 could open the path to $36-$38. However, a $39 million token unlock is scheduled, which could cause short-term volatility due to increased supply. Additionally, a large outflow of AVAX from Binance, totaling over $25 million, adds a layer of caution, although AVAX has held firm so far. Overall, analysts are watching the $27 level closely as a key breakout point, and are cautiously optimistic about AVAX's ability to clear that hurdle.
Pudgy Penguins (PENGU) Price Prediction: Cup and Handle Breakout Could Drive 40% Surge
The meme coin Pudgy Penguins (PENGU) has seen a surge in trading volume, rising to third place among meme coins, only behind Dogecoin and PEPE. It is currently testing a key breakout point around $0.042, forming a "cup and handle" pattern, which suggests a potential price increase to $0.080 if it breaks through this level. Recent data indicates significant buying activity from knowledgeable investors, with over $424,000 worth of PENGU purchased in a single day. Analysts predict a move towards the $0.05 to $0.06 range in the coming weeks, supported by an ascending trendline. PENGU has also outperformed the top four meme coins in percentage gains, marking a 770% surge and establishing itself as a leading meme coin.
HBAR Price Breaks Through Fibonacci Resistance, Bullish Trend Expected
HBAR's price is showing signs of a potential upward trend, having broken through a resistance level. Technical indicators, like a double bottom pattern on the weekly chart and reclaiming the Gaussian channel, suggest the price could increase. Currently, HBAR is fluctuating between $0.26 and $0.27. While it dipped slightly in the last 24 hours, trading volume remains strong, indicating continued market interest. Analysts are watching to see if HBAR can break above $0.27, which could signal a further rally, or if it will find support at $0.26.
Ethereum Price To $12,000? ETH Could Repeat This Bitcoin 2020 Fractal
Ethereum's price has surpassed $4,000 for the first time since December 2024. An analyst, Titan of Crypto, predicts Ethereum could reach $12,000, a 182% increase, based on a pattern observed in Bitcoin's 2020 price movements. This analysis identifies a similar converging wedge pattern in Ethereum's monthly chart, mirroring Bitcoin's trajectory before its surge to $69,000. Ethereum is currently trading around $4,270, up nearly 6% in the last 24 hours and over 25% in the past week. The prediction hinges on Ethereum maintaining a monthly closing price above $4,000.
Is Cardanos Midnight worth the hype?
Midnight, a new blockchain project closely linked to Cardano, aims to provide secure and private decentralized applications. It uses zero-knowledge proof cryptography to verify transactions without revealing identities, potentially bridging the gap between public and private ledgers for traditional finance. Midnight is launching two tokens: NIGHT, for governance and incentives, and DUST, a renewable resource generated by holding NIGHT that is used for transactions. A NIGHT token airdrop, called Glacier Drop, will distribute 50% of the 24 billion NIGHT token supply to Cardano holders, 20% to Bitcoin holders, and 30% across several other cryptocurrencies. The project is designed to foster a cohesive blockchain ecosystem with atomic swaps, privacy, and cross-chain functionality, with the goal of Midnight acting as a bridge between private and public ledgers. The crypto holders with a minimum of $100 across the aforementioned chains are eligible to claim NIGHT tokens. Midnight lists 52 dApps across infrastructure, DAO, DeFi, wallets, NFTs, prediction markets, gaming, AI, and other areas that benefit from programmable privacy.
Bitcoin (BTC) Price Today: Bitcoin Nears $120,000 as El Salvador Launches Bitcoin Banks
Bitcoin is trading around $118,500 as of August 11, 2025. El Salvador is launching Bitcoin banks that will allow regulated banks to hold Bitcoin and other digital assets, requiring a minimum capital of $50 million, which has increased market confidence. Harvard University has purchased $116.6 million of BlackRock's Bitcoin ETF. Bitcoin is currently consolidating between $112,000 and $123,000, with $119,000 acting as a key resistance level. Breaking above $119,000 with strong volume could push Bitcoin towards $123,000, while failure to break this level could lead to a pullback to around $116,000. Spot Bitcoin ETFs have attracted over $54 billion in inflows since the start of 2024.
Ethereum Price Action Suggests New All Time Highs While Remittix Rockets Higher Could This Pair Lead The Bull Run?
Ethereum (ETH) has experienced a significant rally, increasing nearly 14% this week and surpassing $4,000 for the first time since late 2024. The current Ethereum price is $4,282.61, reflecting a 46% increase over the past month. Technical analysis indicates that Ethereum has broken through key resistance levels and is now aiming for $6,200 in the coming weeks, with some analysts suggesting a longer-term target of $16,000. Simultaneously, Remittix (RTX) is gaining traction, currently priced at $0.0895, having raised over $18.5 million with 587 million tokens distributed. Remittix is a platform that facilitates converting crypto to fiat and sending it to bank accounts, supporting over thirty fiat currencies. The Remittix Wallet beta launch is scheduled for September 15, 2025, and exchange listings are anticipated in Q4.
Floki Price Faces Resistance After Breakdown From Ascending Base
Floki price, after an uptrend that peaked near $0.00013 in early August, is now facing resistance, dropping between 1.3% and 4.7% to around $0.000115 to $0.000119. This downturn happened after Floki broke down from an ascending base. Despite the price drop, trading volume remains high at over $140 million. Open interest in futures and options contracts, while showing a slight dip, still indicates significant market engagement. Technical indicators suggest the coin is currently in a consolidation phase, with the price near the mid-Bollinger Band and the Relative Strength Index (RSI) around 51.5, indicating uncertainty about future price direction.
Ripple and BlackRock: Could XRP Become a Global Liquidity Solution?
The article discusses a potential connection between Ripple (XRP) and BlackRock. The idea is that XRP's fast transaction capabilities could be used as a digital tool to stabilize markets during financial crises, similar to how gold was used in the past. It mentions that Ripple and BlackRock might have shared goals. There are rumors and speculation about Wall Street veterans joining blockchain and BlackRock testing Ripple's XRP Ledger, suggesting growing connections. XRP could act as a quick and efficient way to move value globally during economic downturns. Experts suggest that because trust in traditional finance is declining, blockchain, and potentially a Ripple and BlackRock collaboration, could rebuild that trust.
Analyst Predicts Cardano (ADA) Could Break $0.87 and Target $2
Cardano's ADA is currently trading at $0.80 and showing signs of a potential recovery, though its recent upward momentum has slowed. Key support levels to watch are $0.784, $0.769, and $0.755; a drop below $0.71 could indicate the rally has failed. If ADA maintains its position above these support levels, analysts predict it could reach $0.852 to $0.87 in the near term, with a longer-term target of $2. Analyst Ali Martinez suggests ADA's price movement is mirroring a previous cycle, albeit at a slower pace, potentially signaling the start of a significant upward trend. The article also mentions that US banks are shutting down crypto-related operations, Ether hit $4,244, and Bo Hines has left the White House Crypto Council.
Ethereum (ETH) Price Today: Ethereum Nears Key Resistance After 43% Monthly GainHow High Can ETH Climb in August?
Ethereum's price has increased significantly, rising 43% in one month and breaking past the $4,000 mark, reaching intraday highs of $4,300. This surge is attributed to increased interest from institutions investing through Ethereum ETFs, which have seen over $8.7 billion in inflows. The growth of Layer 2 networks like Arbitrum and Optimism, which make transactions cheaper and faster, is also boosting Ethereum's appeal. Additionally, favorable tax regulations, such as IRS Code 351, and the accumulation of Ethereum by public companies are contributing to the price increase. Technically, Ethereum faces resistance around $4,370, with potential targets of $4,800 to $5,000. However, a failure to hold support levels between $3,200 and $3,400 could lead to pullbacks. Ethereum co-founder Vitalik Buterin's net worth has again surpassed $1 billion due to the rally. Analysts are cautiously optimistic about Ethereum's future, citing its position as a leading smart contract platform and strong community support.
Crypto Portfolio Picks for 2025: Why Analysts Include RBLK Alongside XRP, SHIB, and SOL
Analysts are highlighting Rollblock (RBLK) as a potentially high-performing cryptocurrency for 2025, alongside established cryptocurrencies like XRP, Shiba Inu (SHIB), and Solana (SOL). Rollblock is a GameFi project aiming to combat gaming fraud by recording game results on the blockchain for transparency. XRP's price is around $3.20 after Ripple concluded its legal battle with the SEC, leading to increased investor confidence, especially from Asian funds. Shiba Inu has risen 4% to $0.00001289 with analysts noting potential for further gains despite community governance shifts. Solana is trading at $176 and experiencing increased institutional investment, with corporate treasury holdings rising significantly to $647 million, drawn by growth potential and staking yields. Rollblock's RBLK token is priced at $0.068, having increased 500% in 2025, and analysts predict it could reach $1 by year's end. Rollblock offers over 12,000 AI-powered games and sports betting, and is offering a 150% token bonus.
Why Analysts are Calling Ethena (ENA) the Biggest Altcoin Bet This Cycle
Ethena's USDe, a synthetic dollar, has reached a $10 billion market cap rapidly, making it a fast-growing stablecoin. However, some analysts are cautious, comparing it to the failed UST stablecoin. Ethena's protocol has generated over $475 million in fees, and its supply has doubled recently. Ethena's governance token, ENA, may soon allow revenue distribution to holders if USDe is listed on either Binance or OKX exchanges and all governance conditions are met. While a listing on Binance is experiencing MiCA compliance issues in Europe, potentially off-boarding EU users may clear the path for a global USDe listing. Ethena plans to launch its own blockchain, Converge, where ENA holders could earn transaction fees by staking tokens to validators, potentially transforming ENA into a yield-bearing asset tied to the networks economic activity. StablecoinX is also planning a Nasdaq listing, giving institutional investors exposure to Ethena. Despite the optimism, concerns remain about Ethena's risk controls, especially in stressed market conditions. If USDe is integrated into Binance or OKX and Ethena’s fee switch activates, ENA holders could receive protocol revenue as macro tailwinds align. Ethena is currently trading at $0.7759, up over 3% in the last 24 hours.
Ethereum Nears $4,400 Resistance As Binance Inflows Spark Short-Term Caution
Ethereum has surged above $4,000, reaching around $4,200, marking a 180% increase from its May 2023 lows. An analyst points to a potential resistance level at $4,400. Data shows that generally, people are moving Ethereum off exchanges, indicating confidence in its long-term value. However, there's been an increase of Ethereum being moved onto the Binance exchange recently, suggesting some holders might be preparing to sell. If Binance inflows decrease, Ethereum could break past $4,400 and aim for $4,800, potentially reaching all-time highs. But if inflows remain high and Ethereum can't surpass $4,400, it might fall back to the $3,950-$4,000 range before trying to rise again. Ethereum is currently trading at $4,230, up 4.62% in the last day, although trading volume has decreased.
Ethereum (ETH), Sei (SEI), Bonk (BONK) Rallied in July, but One Token is Gearing Up to Dominate Next
Ethereum (ETH) experienced a slight decrease of 2.06% closing at $3,575 after starting August with a rally in July, while its trading volume increased to $31.26 billion. Sei (SEI) showed a stable recovery, trading around $0.2970 with a 78.76% increase in trading volume reaching $204.5 million and analysts watching for a breakout above the $0.305 resistance. Bonk (BONK) saw a 5.35% decrease, trading at $0.00002557, but its trading volume increased to $402 million and is still up over 23,000% since launch. Little Pepe ($LILPEPE) has raised over $16.33 million in its presale, with stage 9 nearly complete, and is preparing for a Layer-2 mainnet launch and exchange listings after the presale. $LILPEPE token offers a great deal of $777k in giveaways.
Institutions Go Shopping: Whales Scoop Up $4.16-B Of Ethereum Tokens In Past Month
Institutional investors have been heavily buying Ethereum tokens recently. On-chain data indicates that these investors, identified as whales or institutions, have accumulated over 1.035 million ETH tokens, valued at approximately $4.16 billion, since July 10, 2025. The purchases were made through exchanges and institutional platforms such as Kraken, FalconX, Galaxy Digital, Binance, and Coinbase. This accumulation coincides with a price increase for Ethereum, which rose from $2,600 to over $4,000 in the past month. The average purchase price for these institutions is around $3,546. Separately, BitMEX co-founder Arthur Hayes bought back Ethereum tokens he had previously sold, spending $10.5 million at around $4,150 per token after selling them earlier at about $3,507.
US Banks Shut Crypto, Ether Hits $4,244, Bo Hines Exits White House Crypto Council
US banks are still closing accounts of crypto companies, including Unicoins, even though Trump is publicly supporting crypto. Major banks like Citibank, Chase, and Wells Fargo have cut ties with some firms without giving reasons. Ethereum's co-founder, Vitalik Buterin, has become a billionaire again as the price of Ether reached $4,244, a 6.38% increase. Buterin's wallet holds about $1.04 billion in Ether. The increase is partly due to strong investments in Ether funds, with $326.6 million recently flowing in. Bo Hines is stepping down as the head of the White House Crypto Council but plans to continue supporting digital currencies from the private sector.
Ethereum Flips Mastercard as Price, Market Cap Skyrocket
Ethereum's market capitalization has exceeded that of Mastercard, reaching $519.48 billion compared to Mastercard's $519.19 billion. This rise pushed Ethereum to become the 22nd most valuable asset in the world, surpassing companies like Netflix and Johnson & Johnson. Ethereum's price increased to $4,300, experiencing a nearly 7% rise in one day and over 21% growth in recent weeks. The cryptocurrency market's continuous trading, unlike traditional stock markets, allowed Ethereum to attract more buying activity. Some critics suggest early Ethereum investors may have moved Bitcoin holdings to capitalize on Ethereum's current popularity, while others worry about potential profit-taking that could lead to price drops. There is also discussion about whether Ethereum could eventually surpass Bitcoin in market value, although Bitcoin currently holds a significantly larger market capitalization of $2.36 trillion compared to Ethereum's $505.58 billion.
Bitcoin Crosses $117,000 And Remittix Quickly Becomes The Most Talked About Presale.
Bitcoin has surpassed $117,000, driven by institutional investment through ETFs and a recent executive order allowing crypto in 401(k) retirement plans, potentially injecting $8 trillion into the market. Analysts predict a possible climb to $125,000 with continued ETF inflows. Concurrently, Remittix (RTX), a new DeFi payment platform focused on cross-border transactions, is gaining attention. Remittix aims to streamline international payments by offering direct crypto-to-bank transfers in over 30 countries, supporting multiple cryptocurrencies and fiat currencies, and providing real-time FX conversion. Remittix is also offering a $250,000 incentive program to reward early adopters.
DOGE, ADA, SOL Falter as Ethereum-Based RBLK Gains Momentum in the DeFi Race
Dogecoin saw a price increase to $0.23 on August 9th due to large purchases, but faced selling pressure and settled around $0.227-$0.229. Solana experienced a rebound, jumping 13.4% in under a week after previously hitting a low of $155.83 on August 2, with potential targets of $183, $200, and $225. Cardano rose to $0.8065, influenced by technical signals and renewed political support for crypto. Rollblock's presale has raised over $11.4 million with 50,000 investors. Rollblock is an Ethereum-based GameFi platform that runs 12,000+ AI-powered games. The RBLK token is priced at $0.068 after a 580% increase during the presale, with analysts predicting it could potentially increase 100x.
Ripple Price Prediction: Analyst Says Historical XRP Pattern Signals Ripples Path to Global Dominance
An analyst suggests that Ripple's (XRP) market dominance is a key indicator of its potential price movements. The analyst points to specific Fibonacci levels on the XRP dominance chart, such as 5.92%, 8.87%, 11.61%, and 21.5%, as important thresholds. Historically, XRP has tested the 5.75-5.92% dominance zone multiple times, and a successful breakout could lead to significant price surges, potentially reaching double-digit values. If XRP dominance were to reach 21.5% within a $10 trillion cryptocurrency market, its value could approach $36. While optimistic, the analyst cautions about potential short-term challenges like market volatility and resistance zones. The analyst sees 11.61% dominance as a key benchmark; surpassing it could solidify XRP's market position, whereas failure to reach it may indicate underperformance. Currently, XRP is trading around $3.24, facing resistance near $3.60.
Stock Tokenizations Biggest Hurdle Is Regulatory Compliance Not Technology
The main challenge for putting stocks on the blockchain (tokenizing them) isn't the technical side of things. It's dealing with the complex rules and laws that govern financial markets. The article emphasizes that while the technology to tokenize stocks exists, navigating regulations is the biggest obstacle to wider adoption.
US Banks Keep Closing Crypto Firm Accounts Despite Trumps Pro-Crypto Push
Despite President Trump's expressed support for cryptocurrency, US banks are reportedly continuing to close accounts belonging to crypto companies, a practice some are calling "Operation Chokepoint." This debanking limits crypto firms' access to essential financial services, hindering their operations. Unicoin CEO Alex Konanykhin stated that his company has lost accounts at four banks this year, including Citibank, Chase, and Wells Fargo, without clear explanations. Trump is reportedly planning an executive order to investigate and penalize banks for unfair debanking practices, potentially aiding crypto businesses. However, a tax lawyer noted that new regulations need clear language to assure banks and might face legal challenges, suggesting that banks may continue to avoid crypto firms until rules are firmly established. Wormhole cryptocurrency has seen a 15% increase.
Pi Network News: Binance May NOT List Pi Coin On August 15, Heres Why
Pi Network's price has decreased by 7% to around $0.39 amidst ongoing discussions about a potential Binance listing. Speculation arose from a Binance Square poll in February, where 86% of nearly 295,000 participants favored listing Pi Coin. However, crypto analyst Dr. Altcoin believes Binance will not list Pi in August, citing the Pi Core Team's (PCT) lack of readiness to fully disclose their Open Mainnet roadmap and tokenomics. Dr. Altcoin suggests that Binance is aware of Pi's strong foundation and community, while the PCT is cautiously developing the Pi blockchain. Pi Network has over 400,000 active nodes, indicating its potential for high-speed, high-volume transactions. Despite the uncertainty surrounding the listing, Dr. Altcoin remains optimistic about Pi's long-term future and continues to invest in it weekly.
Best Meme Coins to Buy: Top 4 Cryptos Below $1 Set for 2500% Gains
The meme coin market is experiencing renewed interest, with its market capitalization approaching $70 billion. The article highlights four meme coins priced under $1 that analysts believe have the potential for significant gains. Little Pepe (LILPEPE) is presented as a strong contender due to its developing Layer-2 ecosystem and launchpad, with its presale already exceeding $15.3 million and analysts predicting a substantial surge upon launch from $0.003 to between $0.1 and $0.3. Rekt (REKT), currently priced at $0.0000011, is experiencing new all-time highs, with traders anticipating a 20-30x increase. Brett (BRETT), trading around $0.05, has been listed on Binance US and aims for a potential rebound towards its previous high of $0.23, with predictions suggesting a rise to $0.40-$0.50. Finally, Snek (SNEK), valued at $0.0036, is gaining support from the Cardano ecosystem, with analysts forecasting a rise towards $0.009 and potentially reaching $0.02-$0.025.
PI Network Eyes Major Upswing as New Demand Emerges
The PI Network token has shown signs of a potential price increase, closing above a key resistance level. The price of PI climbed 2% in the last day, building on a previous 16% gain. This price movement is supported by a significant increase in trading volume, which jumped nearly 150% to $270 million. The token's price is also above its 20-day exponential moving average, indicating growing buying interest. If the current trend continues, PI could reach $0.5281, but a price drop could see it fall to $0.3773.
Investors Are Switching from Farming to mevstake with Mevolaxy
The article discusses a shift in investment strategies within the cryptocurrency space, with experienced investors moving from traditional DeFi farming to a method called mevstake, specifically with Mevolaxy. DeFi farming, which involves providing liquidity to pools, is seen as having drawbacks like decreasing returns, impermanent losses, and potential devaluation of incentive tokens. Mevolaxy utilizes bots to perform sandwich attacks, profiting from price slippage caused by large transactions. The bots scan the blockchain for large transactions, place a buy order before, and a sell order immediately after, capturing the price difference. This mevstake approach is presented as more predictable, passive, resilient, and transparent compared to farming. It generates returns through technical advantage rather than market speculation. Users can simply stake their assets and view accrual and transaction statistics. The core idea is that Mevolaxy's mevstake model, especially through sandwich strategies, offers a more sustainable and economically logical investment approach compared to traditional DeFi farming.
Ethereum (ETH) Price Prediction: Ethereum Bulls Continue to Charge Toward $12K as Price Briefly Breaks $4,300
Ethereum's price has surged, briefly exceeding $4,300 and settling around $4,250, driven by strong buying from large investors and institutions. This rally has liquidated over $200 million in short positions. Some analysts predict a potential climb to $12,000. Institutional interest is growing, with SharpLink Gaming increasing its Ethereum holdings to $2.12 billion. Spot Ethereum ETFs are also experiencing significant inflows, totaling over $5 billion in July. Technically, Ethereum has broken through key resistance levels, with the RSI indicating room for further growth. Immediate resistance levels to watch are $4,391 and $4,532, with potential upside targets at $4,712 and $4,868. The SEC's clarification on liquid staking and the growth of Ethereum Layer 2 solutions are also contributing to the positive outlook.
Japans crypto paralysis is cultural; tax cuts wont fix it
A recent proposal in Japan suggests a flat 20% tax on crypto income and the potential introduction of crypto ETFs. Currently, crypto gains are taxed up to 55%, which is seen as a deterrent to investment. However, the main issue is Japan's cautious regulatory environment, stemming from a deep-rooted culture of compliance and risk aversion. This is hindering innovation despite Japan being an early adopter of crypto and having some progress in stablecoins and crypto payments. Small startups face significant challenges due to strict requirements, including extensive documentation, local presence, and capital requirements. To improve, Japan needs quicker token listing processes with post-launch audits, dynamic regulatory sandboxes, state capital for Web3 startups, and including tech founders in regulatory advisory boards. Without a shift away from risk aversion, tax reforms may not be effective, and Japan's early lead in crypto could disappear. Metaplanet, a Japanese listed company, has amassed nearly $2 billion in Bitcoin.
Ethereum Price Eyeing A Breakout? On-Chain Analysis Places Short-Term Target At $4,800
Ethereum's price has surged, rising over 25% in the past week and reaching $4,200, a level not seen since 2021. Analysts suggest that if Ethereum breaks above the $4,400 resistance level, it could potentially reach $4,800 in the short term. The Moving Average Convergence Divergence (MACD) indicator is showing a bullish signal. While one on-chain metric indicates possible selling pressure, others suggest that investors aren't currently in a profit-taking mode and the market isn't overheated, implying there is potential for further price increases. Ethereum is currently trading around $4,270, up almost 6% in the last 24 hours.
Experts Believe This Is The Next Meme Coin To Replicate Dogecoin and Shiba Inus Famous 2021 Rallies
Experts believe that Layer Brett (LBRETT) could be the next meme coin to experience a rally similar to Dogecoin (DOGE) and Shiba Inu (SHIB) in 2021. Unlike DOGE and SHIB, LBRETT aims to offer both meme coin virality and the utility of a Layer 2 scaling solution, providing faster and cheaper transactions. The ongoing presale for LBRETT is surging, and it boasts a staking reward of 25,000% APY. Dogecoin's value is currently 75% below its 2021 peak, lacking its previous catalysts such as Elon Musk's engagement and stimulus checks. Shiba Inu is down 90% from its peak, struggling to move beyond its meme coin status. Analysts suggest it's unlikely that DOGE and SHIB will repeat their 2021 rallies, making LBRETT a potentially lucrative investment opportunity at a presale price of $0.004.
From Gold To Bitcoin: Michael Saylors Indiana Jones Moment
Michael Saylor, a well-known Bitcoin advocate, posted an AI-generated image on X portraying himself as Indiana Jones, suggesting Bitcoin is superior to gold. This post is part of a series using pop culture references to promote Bitcoin. This imagery follows Strategy's announcement on July 29 that it purchased 21,021 Bitcoin for approximately $2.46 billion, increasing its total holdings to 628,791 Bitcoin. While the dollar value of these holdings fluctuates with the market, the amount of Bitcoin held remains constant. The images aim to boost investor confidence and reinforce Saylor's belief that Bitcoin is a better store of value than gold. The use of AI art raises questions about image rights, but the core message remains focused on Strategy's Bitcoin holdings.
Cardano (ADA) and Remittix (RTX) Tipped To Explode Next As Ethereum (ETH) Crosses $4K
Ethereum (ETH) has surpassed $4,000, leading analysts to believe other cryptocurrencies may experience similar growth. Cardano (ADA) is currently trading around $0.817 and is predicted to potentially rise to $1.20, with a longer-term target of $2.90. Ethereum's rise has been fueled by large acquisitions, with over 1.035 million ETH (worth over $4 billion) being bought in the past month. Remittix (RTX), a cryptocurrency focused on cross-border payments, has sold over 587 million tokens, raising over $18.5 million, and is priced at $0.0895. Remittix plans to launch a wallet beta in September.
A California lawsuit seeks to force Microsoft to keep supporting Windows 10 for free
A Windows 10 user in California is suing Microsoft to force them to continue providing free support for the operating system beyond the October 14 deadline. The lawsuit claims that ending support will leave millions of users vulnerable to cyberattacks because many will not upgrade, buy new devices, or pay for extended security updates. Approximately 45% of the 700 million Windows devices currently in use are Windows 10 PCs. The plaintiff argues that about 240 million PCs cannot upgrade to Windows 11 due to hardware limitations, forcing users to either buy new hardware or pay for extended support. The lawsuit further alleges that Microsoft's decision is a strategic move to boost sales of new devices and encourage adoption of its AI-driven products, potentially reducing competition in the AI market. Microsoft currently offers extended Windows 10 support through paid plans costing $30 to $60 annually, or a free extension under certain conditions.
XRP Price: Is $11 Next Stop, As It Breaks Out Of Bullish Flag Pattern?
XRP's price has broken out of a bullish flag pattern, leading analysts to predict potential price increases to between $8 and $11. Market data shows this breakout happened in early August, drawing attention from analysts. One analyst highlighted this bullish flag pattern, suggesting a continuation of the upward trend if support holds. Another analyst noted XRP's strong momentum against Bitcoin and Ethereum. Previously, analysts were watching the $3.20 level as a key base. One analyst compared current price action to patterns from 2014-2017, suggesting a potential rise to $4.2 and then $10 if it closes above $3.35. Another suggested a rise to $8 following a 2017 pattern, while another initially forecasted $3.80 as a step towards $8 and then $10. Increased market activity followed the recent Ripple vs. SEC case resolution. XRP derivatives volume surged by 197% to $18.26 billion in a day. Options trading rose over 1,300%, and open interest in futures climbed 20% to $8.82 billion. Historical data indicates August has often been a strong month for XRP, with a 35% gain so far in August 2025.
Solana Price Surges Towards $180, But This Viral Coin Is Drawing SOL Holders To Ethereum
Solana's price is increasing, aiming for $180, due to increased network activity and interest from big investors. Technical analysis suggests it could reach $200 soon and possibly much higher in the long term. However, a new meme coin called LayerBrett (LBRETT) built on Ethereum's layer 2, is attracting Solana investors with promises of very high staking rewards, exceeding 20,000% APY, and a $1 million giveaway. LBRETT is currently in presale at $0.0047, and some believe it has the potential to significantly increase in value. The article suggests that while Solana is growing steadily, LBRETT offers the chance for much larger, faster profits, though it may be riskier.
Bitcoin (BTC) Price Prediction: Bitcoin Surges Past $118,000Analyst Targets $131K Breakout
Bitcoin's price has surpassed $118,000, fueled by positive regulatory news and strong interest from big investors. Analysts are watching for a potential move towards $131,000. Technically, Bitcoin has support around $117,500, and the $117,500 to $118,800 price zone is being considered as a vital support area. Companies are holding a large amount of Bitcoin, and Bitcoin ETFs saw significant inflows recently, indicating investor confidence. New rules might allow crypto in 401(k) plans, and the upcoming Bitcoin halving in 2025, which will reduce the supply of new Bitcoin, is also expected to boost prices. One analyst predicts a breakout to $131,000 if Bitcoin stays above its current support level. At press time, Bitcoin was trading at around $118,384.
Could Ripples XRP Become BlackRocks Tool in a Crisis?
The article discusses speculation about a potential connection between Ripple and BlackRock, suggesting they may be more aligned than publicly known. It highlights that Ripple's XRP and its technology for fast settlements could be a tool for managing financial instability, potentially acting as a liquidity buffer during economic shocks. This is in light of Wall Street veterans moving into the blockchain space, specifically projects linked to XRP and the XRP Ledger. There are unconfirmed rumors about BlackRock testing its Aladdin investment system on the XRPL, indicating possible interest in Ripple's infrastructure. The article posits that XRP could play a significant role in a future financial system where traditional finance and blockchain are deeply integrated, especially given concerns about trust in traditional money systems and rising inflation.
Bitcoin Hyper Aims to Solve Bitcoins Performance Issues to Enable Lighting-Fast Transactions
Bitcoin Hyper ($HYPER) is a new project aiming to speed up Bitcoin transactions, which are currently much slower than other cryptocurrencies like Solana and Ethereum. It uses a "Canonical Bridge" to connect Bitcoin to a faster "Layer 2" system, allowing users to deposit Bitcoin and receive a wrapped version for quicker transactions. This system also incorporates the Solana Virtual Machine to enable faster smart contracts and decentralized applications. The $HYPER presale has already raised over $8 million, and the token is currently priced at $0.012625 with a staking reward of 133%. Audits suggest the presale is safe for investors. Projections estimate the price of $HYPER could reach $0.32 by the end of 2025 and $1.50 by 2030, but investing depends on individual risk tolerance.
Here Are 3 Bullish Reasons Why JPMorgan Sees S&P 500 Rallying Much Higher
JPMorgan is optimistic about the stock market, predicting the S&P 500 will see high single-digit returns in the next year. This is based on the market's focus on strong corporate earnings and eventual economic recovery, despite some economic slowdown. Corporate earnings for S&P 500 companies have been better than expected, with over 80% of companies beating forecasts for the second quarter. JPMorgan believes large companies are managing the impact of tariffs, some even benefiting, while smaller, consumer-facing companies are struggling more. They suggest focusing on large-cap stocks, especially in technology, financials, and utilities. This positive outlook for stocks could also be beneficial for cryptocurrencies, as they often move in similar patterns. Recent developments, like the SEC's ruling on liquid staking and potential approval of Ether ETFs, have also boosted the crypto market, with Ether prices rising significantly.
Meet the Public Companies Sitting on $591 Million Worth of Solana
Four publicly traded companies, Upexi, DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital, collectively hold over 3.5 million Solana (SOL) tokens, valued at approximately $591.1 million. Upexi, Inc. leads with 1.9 million SOL, acquired for $320.4 million at an average price of $168.63 per token. DeFi Dev. holds 1,182,685 SOL, representing a $198.9 million stake and the largest unrealized gain of approximately $36.8 million. SOL Strategies has 392,667 SOL, purchased via dollar-cost averaging between June 2024 and July 2025, now valued at $66.0 million. Torrent Capital holds 40,039 SOL, acquired in early 2025, with a current value of $6.7 million. Solana (SOL) has increased in value and is currently trading above $180.
Futures-Based SOL & XRP ETFs Take In $1 Billion Capital Since Launch Spot ETFs Next?
Futures-based ETFs (exchange-traded funds) for Solana (SOL) and XRP have collectively attracted $1 billion in capital since their launch earlier this year. These ETFs, which hold futures contracts rather than the actual cryptocurrencies, began trading in the U.S. around March for SOL and April for XRP. One expert notes that this performance indicates significant demand for potential spot SOL and XRP ETFs, which would directly hold the cryptocurrencies. There is speculation that BlackRock, a major asset manager, might eventually pursue launching spot XRP and SOL ETFs despite current indications to the contrary.
BNB Tracks Bitcoins Playbook, Eyes Breakout Toward $1,200
Binance Coin (BNB) has seen an 8.92% price increase in the past week, currently trading above $800 and approaching its all-time high. Analysts are observing similarities between BNB's current price chart and Bitcoin's earlier bull market patterns, suggesting BNB could be on the verge of a significant rally. If BNB breaks past the $800 resistance level, it could potentially reach $1,200, representing a 50% increase from its current price. BNB's price movements are mirroring Bitcoin's trajectory, with phases of accumulation and breakout. BNB is currently the fifth-largest cryptocurrency with a market cap of $112.36 billion.
XRP, Shiba Inu, and Cardano Are Gaining, but Pepetos $6M Presale Stands Out as the Best Memecoin to Buy in 2025
XRP, Shiba Inu, and Cardano are showing positive movement in the crypto market. Shiba Inu's price is around $0.00001182 with its network, Shibarium, being actively used. Cardano is priced near $0.6986 and is aiming for a $2-$3 range by 2026. XRP reached approximately $2.78 after a favorable legal outcome for Ripple, with analysts predicting a rise to $3.50-$4 by 2025. Pepeto, a new memecoin still in presale at $0.000000146, has already raised over $6 million. Pepeto is developing PepetoSwap and a cross-chain bridge on Ethereum's mainnet, and its contracts have undergone two independent audits. The article suggests considering XRP for stable growth and Pepeto for potentially high growth in a crypto portfolio. Be cautious and verify the official website when buying Pepeto: https://pepeto.io/.
Tron Celebrates New Stablecoin Milestone But Risks This
Tron has reached a new milestone, now holding the largest share of the USDT stablecoin market, controlling over $82 billion, which is about 51% of the total stablecoin market capitalization. This growth is attributed to Tron's low-cost and rapid blockchain infrastructure, leading to increased daily chain revenue exceeding $2 million. Tron's total value locked (TVL) has also risen above $6 billion. The network's daily transfer volume has surged by 67% year-over-year, with over $15 trillion in collective stablecoin transfer volumes and over 10 billion transactions. However, TRX's dominance has recently decreased from 0.87% to 0.82%, and its price action is showing signs of declining momentum with potential resistance at $0.34. Funding rates have turned negative for the first time in four weeks, and spot flows have shifted to outflows, suggesting a possible pullback, although whale activity still indicates upward potential. The number of Tron addresses holding TRX has grown significantly, reaching 136.45 million as of August 4, compared to 16.44 million in April 2021.
Can Cardano (ADA) Price Still Hit $2?
Cardano's ADA is currently trading at $0.80 and showing signs of a potential recovery, although analysts consider this movement to be in its initial stages. After a recent price increase, ADA is experiencing a pullback, which is a normal occurrence. Key support levels to watch are $0.784, $0.769, and $0.755. A drop below $0.755 could lead to a further decline to around $0.74, while falling below $0.71 would indicate a failed uptrend. If ADA holds above its support levels, it could potentially rise to the $0.852-$0.87 range in the short term. Achieving the $2 target depends on maintaining these support levels, which could attract more buyers and fuel a larger rally later in the year. One analyst noted that Cardano's price pattern resembles its previous cycle but is unfolding at a slower pace, suggesting the start of a significant upward movement.
Cardano Price Hit $0.8, Can It Finally Break Above $1? This New 100x Potential Gem Is Catching Investors Eye
Cardano's price recently reached $0.8, renewing hopes it can break the $1 resistance level. A new project called Layer Brett ($LBRETT), an ERC-20 token, is attracting investor interest with a presale price of $0.004 and staking rewards potentially as high as 20,000% APY. Layer Brett is also offering a $1,000,000 giveaway bonus for early investors. Cardano's price could potentially reach $1 by the end of August, with some analysts predicting it could go as high as $1.50 if it breaks out of its current consolidation phase. Bullish forecasts depend on upgrades to the Cardano ecosystem. The Cardano community approved a $70 million treasury fund to support upgrades. Analysts cite improved open interest and long-to-short ratios as signs of shifting market sentiment toward Cardano.
XRP Price Prediction: XRP Breakout to $10 Looms as RippleSEC Battle Officially Ends
The Ripple vs SEC lawsuit has officially concluded, leading to a surge in XRP's price. XRP jumped over 10% in a single day and is trading around $3.33-$3.35. Market analysts suggest that XRP could potentially reach $10, with some optimistic projections extending to $20. Derivatives activity has also increased, with a 197% surge in 24-hour trading volume and a 1,300% increase in options trading. Institutional interest in XRP is also rising, with more institutions exploring it for treasury holdings and payment infrastructure. BlackRock has denied immediate plans for an XRP ETF, but it is believed that exchange-traded products and corporate balance sheet allocations may emerge in the future. The end of the lawsuit has removed uncertainty and paved the way for potential price increases.
Vitalik Buterin Back in Billionaire Club as ETH Tops $4K
Vitalik Buterin, Ethereum's creator, is once again a billionaire as the price of Ether (ETH) has risen above $4,000, a price point not seen since December 2024. Buterin's personal holdings of ETH are now valued at over $1 billion. Some market analysts predict ETH may soon test its all-time high of $4,878. There's also a shift in the ETF market, with Ether-based ETFs attracting more investment than Bitcoin ETFs recently. While ETH's price increase is partially due to companies holding large amounts of Ether, Buterin has cautioned that excessive borrowing related to these holdings could create risks for Ethereum in the future. Currently, BitMine Immersion Technologies is the leading Ethereum-holding treasury firm with 833,137 ETH, valued at over $3 billion.
Solana Price Prediction: Will SOLs 11.9% Weekly Momentum Carry It Towards All-Time Highs?
Solana's price has increased by 11.9% in the last week, reaching the $180 level, indicating a possible bullish trend. A technical chart pattern suggests Solana could potentially rise to $1,315, which would be a 630% increase from its current price. If this target is reached, Solana's market value could rival Ethereum's. Key resistance levels on the way up are identified at $380, $752, and $1,048. However, on a shorter timeframe, Solana faces resistance at $186. A break above this level could lead to further gains towards $195 and $205, while a rejection might cause a drop to $177 or $167. The article also mentions Bitcoin Hyper ($HYPER), a new project that combines Bitcoin's security with Solana's speed, and its presale has already raised over $8.1 million, with tokens priced at $0.0126.
Ethereum vs Dogecoin: Which is a Better Buy for August?
Ethereum (ETH) is experiencing a surge, up over 21% this week, currently exceeding $4,200, fueled by upcoming upgrades like the Fusaka upgrade, regulatory clarity from the SEC, and potential for a BlackRock staking-enabled ETF. Analysts are closely watching the $4,300 level as a key breakout point, targeting $5,000. Dogecoin (DOGE) has also risen nearly 19% this week, trading at $0.2334, driven by large whale acquisitions, rumors of a DOGE ETF, and a proposal to significantly reduce its annual issuance. A potential break above $0.25 could trigger further buying. Ethereum is seen as a more stable, long-term investment, while Dogecoin offers higher risk and potential reward, influenced by market hype and whale activity. The $0.23 level is being watched for a potential bounce.
Ethereum vs Dogecoin: Two Very Different August Plays
Ethereum (ETH) and Dogecoin (DOGE) are both showing positive movement, but for different reasons. Ethereum is up over 21% this week, trading above $4,200, driven by upcoming upgrades, regulatory clarity from the SEC which confirmed it is not a security, and speculation about a potential Ethereum ETF from BlackRock. The Fusaka upgrade aims to improve scalability and security. A key resistance level to watch for Ethereum is $4,300. Dogecoin is up nearly 19% this week, trading at $0.2334, due to large purchases by whales, discussions about reducing its inflation rate by 90%, and ongoing speculation about Elon Musk integrating it into X payments and Tesla's operations. A break above $0.25 could trigger further buying. Ethereum is considered a more stable, long-term investment, while Dogecoin is seen as a riskier, short-term play based on hype and large investor movements.
U.S. Spot XRP ETFs: Five Possible Reasons Behind BlackRocks Hesitation to File for One
BlackRock currently has no plans to launch a spot XRP ETF, despite the SEC and Ripple Labs potentially ending their legal battle. While other firms like ProShares, Grayscale, and Bitwise have filed for XRP ETFs, BlackRock's absence is due to limited client interest beyond Bitcoin and Ethereum, regulatory uncertainty surrounding altcoins, a potentially crowded XRP ETF market with at least seven pending applications, and the belief that an XRP ETF may not fit BlackRock's data-driven strategy, as XRP's market footprint is smaller. Additionally, BlackRock prioritizes global markets where XRP demand is less significant, as much of XRP's trading volume comes from Asia, where BlackRock's ETF presence is less dominant. XRP is currently trading at around $3.1852, down 3.92% in the past 24 hours.
Ethereum Price Analysis: ETH Might Cool Off but $4.5K is Still in Sight
Ethereum's price has broken through the $4,000 mark, indicating strong buyer interest. While a temporary dip back to the $4,000 area is possible before continuing higher, the overall trend suggests a potential rise to $4,500. Analysis of Ethereum's price charts shows increased buying momentum, though a short-term pullback might occur to attract more buyers. A key support area to watch is around the $3,600 level, where there's a significant concentration of leveraged positions that could trigger volatility if the price falls to that point. No major obstacles are expected to prevent ETH to reach all-time high.
Ripple's XRPL EVM sidechain stutters to tough start with just $100k TVL from 4 chains
Ripple's XRPL EVM sidechain, designed to bring Ethereum compatibility to the XRP Ledger, has struggled to gain traction since its launch on June 30th. Currently, the sidechain has only $100,818 in total value locked (TVL) across its four chains. Trading activity is minimal, with a combined 24-hour volume of just $3,238 primarily from Moai Finance, and zero trading activity recorded by Riddle, XRiSE33 Network, and SurgeDefi. The XRPL EVM has only 168 developers compared to Ethereum's 8,448. Ripple's RLUSD stablecoin is also underperforming with a market cap of $642 million, with only $65.81 million on the XRPL Ledger which is 0.024% of the total stablecoin market. Despite Ripple's moves in policy and legal fronts, its own products, the XRPL EVM sidechain and RLUSD, have not seen significant adoption.