Optimism (OP) is struggling to stay above $0.70, experiencing a 5.5% price drop in the last 24 hours and trading around $0.69. Sellers seem to be in control, and buyers are having trouble pushing the price higher. The total value of outstanding Optimism futures contracts (open interest) is holding steady at about $193.9 million, suggesting traders are mostly holding their positions. If the price continues to fall while open interest rises, this could lead to more selling pressure and a drop below $0.70. Optimism's market capitalization is approximately $1.22 billion, with over $209 million in daily trading volume, making it a mid-cap cryptocurrency. Technical indicators suggest the coin might be oversold, which could lead to a temporary price increase, but overall, the indicators are leaning bearish.

The cryptocurrency ADA (Cardano) is currently trading around $0.82 and is seeing significant activity from large investors. Over the past week, $170 million in ADA was withdrawn from exchanges, and custodial holdings by institutions have increased by 300% year-on-year, reaching approximately $900 million. Analysts predict a potential price increase for ADA, with a realistic target of $3 by late August 2025. The article also highlights a new token called Remittix, designed for real-world payments, boasting fast transactions and low fees, that is being positioned as an alternative to ADA. Remittix is focused on cross-border payments and has been audited by CertiK. It has an ongoing $250,000 giveaway and is scheduled to be listed on Bitmart and LBank exchanges.

Tether's USDT, a major stablecoin, has seen its market dominance decrease to around 60%, the lowest since March 2023. Despite this, USDT's market capitalization remains high at $168 billion, as does Circle's USDC at $70.37 billion. USDC's market share has increased from approximately 18% to 30%, while DAI's has dropped. Ethena's USDe, launched in December 2023, now holds 4.32% of the market. Tether's declining dominance is partly attributed to its non-compliance with European stablecoin regulations and increasing regulatory pressures in the US. Investors are exploring stablecoins that comply with regulations and new token models. The growth of USDC and newer tokens such as USDe demonstrates this shift. Overall, the stablecoin market is expanding, but the distribution of market share is changing.

U.S. tech stocks experienced a downturn on Friday due to worries about AI investment and disappointing semiconductor earnings. The Nasdaq fell 1.2% over the week. Marvell Technology's data center revenue disappointed, leading to a near 19% stock drop and a downgrade by Bank of America. Nvidia's shares fell 3.3% due to uncertainty in China sales stemming from U.S. export restrictions, resulting in a 2.1% weekly decline. The Philadelphia Semiconductor Index hit its lowest point since mid-April. The S&P 500 fell 0.6%, but still ended August up 1.9%. Actual revenues from generative AI are modest compared to investment. Marvell's shares have fallen over 40% since the start of 2025. Nvidia awaits clarification on resuming H20 chip exports to China. Chinese companies are pushing domestic AI chip alternatives. Super Micro Computer's shares fell 5.5% due to internal accounting issues. Bitcoin also declined, falling below $108,000, a nearly 7% weekly drop, influenced by U.S. monetary policy uncertainty, inflation, and weak labor data.

Ethereum is currently trading around $4,400, up about 15% for the month. It's holding crucial support near $4,350, which is important for determining its next move. If it stays above this level, it could try to break through resistance near $4,933 and potentially reach new highs above $5,000. However, if it falls below $4,350, it could drop to $4,000 or even $3,800. The price has been trading between $4,183 and $4,933, showing indecision in the market. Breaking above $5,000 is a key psychological barrier for further gains. The overall outlook for Ethereum is positive as long as it stays above $4,200, but the immediate future depends on whether it can maintain support at $4,350.

Everything Blockchain has chosen to use Flare's XRP DeFi framework to manage its crypto treasury. This means Everything Blockchain will utilize Flare's technology to handle and optimize its digital asset holdings. The adoption suggests an effort to leverage decentralized finance (DeFi) opportunities associated with XRP through the Flare network.

Elon Musk's personal lawyer is reportedly set to chair a new $200 million treasury initiative focused on Dogecoin. The initiative aims to support Dogecoin development and projects within its ecosystem. Sources indicate that the lawyer's involvement signals a potentially significant commitment to Dogecoin's future by those connected to Elon Musk, which may influence market perception and investment in the cryptocurrency.

Amplify has filed an application with the SEC for the Amplify XRP Option Income ETF, a new type of investment fund that aims to generate income from XRP by selling covered call options weekly while still holding XRP. The ETF intends to invest at least 80% of its assets in XRP-related products. It will trade on the Cboe BZX Exchange if approved. The SEC is currently reviewing over 90 crypto ETF applications, including spot ETFs for XRP, Solana, and Litecoin. The ETF plans to use a Cayman Islands subsidiary for crypto holdings to maintain flexibility under U.S. regulations. Distributions from the ETF will be taxed as ordinary income, and the fund's net asset value (NAV) will be calculated daily. FLEX Options will primarily be used for covered call positions.

The article discusses a growing interest in Remittix (RTX) among new crypto investors as an alternative to Ethereum. Remittix, a PayFi altcoin, has raised over $22 million by selling over 628 million tokens at $0.01 each. Analysts predict its price could increase to $7 within months. While Ethereum is currently trading near $4,350 and is supported by institutional investments like ETFs and corporate treasury holdings, some believe Remittix offers higher potential gains for retail traders due to its lower initial price and focus on global money transfers. Remittix is launching a mobile wallet with FX conversion, securing listings on exchanges like Bitmart and LBank, and implementing token burns to reduce supply, making it attractive to investors seeking explosive returns. The project's website is remittix.io, and related links can be found at linktr.ee/remittix; there is also a $250,000 giveaway at gleam.io/competitions/nz84L-250000-remittix-giveaway.

According to a report by River, businesses are absorbing Bitcoin at nearly four times the rate it is being mined. River estimates that approximately 1,755 BTC per day are flowing into business-controlled wallets, compared to the post-halving miner supply of about 450 BTC per day. Funds and ETFs are also showing significant net inflows of around 1,430 BTC per day. Individuals represent the largest net outflow at approximately 3,196 BTC per day, but this reflects coins moving from individual addresses to institutional addresses. River cautions that these figures are estimates based on wallet tagging, public disclosures, and external databases, and that net inflows may not always represent direct spot buying. The report suggests that if businesses and funds continue to absorb more Bitcoin than miners produce, institutions could have a larger influence on Bitcoin's supply dynamics.

Crypto analysts are predicting that the price of Solana (SOL) could reach $300. This projection is based on the increasing interest and investment from institutional investors in the Solana asset. The anticipated price increase reflects growing confidence in Solana's potential within the cryptocurrency market.

A new digital asset treasury firm is reportedly planning to raise $200 million to invest in Dogecoin. Alex Spiro, a lawyer known for representing Elon Musk, is listed as the chairman of this company. The initiative is being presented to investors as a Dogecoin investment vehicle supported by House of Doge, the official entity behind Dogecoin. There's no confirmed involvement from Elon Musk himself, though he has historically been a vocal supporter of Dogecoin, even integrating it into Tesla's payment system. This development comes as crypto treasury firms become more prevalent, offering indirect exposure to cryptocurrencies. For example, Bit Origin previously raised $500 million to build its own Dogecoin treasury. Currently, Dogecoin's price is around $0.2134, having decreased by over 3% in the last 24 hours and nearly 10% in the last week.

Bitcoin's price has recently decreased, falling to around $107,500 after struggling to stay above $110,000. Despite the recent drop, one analyst predicts that Bitcoin could reach $256,000 by December 3, 2025. This prediction is based on past Bitcoin cycles, where the price peaked approximately 1,100 days after hitting its cycle low. According to this analyst, if the current cycle follows a similar pattern to the 2018-2022 cycle, Bitcoin could increase by 16x from its cycle low. Currently, Bitcoin is trading around $108,301, showing a roughly 4% decline in the last 24 hours and over 7% in the past week.

Tether, the company behind the USDT stablecoin, intends to launch USDT on Bitcoin's RGB protocol. This move comes as the overall stablecoin market approaches a $300 billion valuation, nearing a record high. This expansion aims to leverage Bitcoin's security and network effects for USDT transactions.

The cryptocurrency CRO experienced a price surge following the announcement of a $6.4 billion partnership between Trump Media and Crypto.com. This partnership, referred to as the Trump Media Group CRO Strategy, has increased CRO trading volume and network activity, attracting attention from both retail and institutional investors. Technical analysis suggests continued bullishness, with analysts eyeing a potential price of $0.50 by the end of the year. A Golden Cross pattern and an ascending broadening wedge on the weekly CRO price chart indicate increasing momentum in favor of bulls. Some analysts predict a mega parabolic rally similar to Ethereum's past performance, potentially pushing CRO's price to around $1.50. This ambitious outlook aligns with the growing market sentiment and bullish technical signals.

Several investment companies, including Canary Capital, Franklin Templeton, and VanEck, have updated their applications to the SEC for Solana ETFs. These changes include details on how the funds will handle staking, using Marinade Finance, where tokens are locked to support the network and earn rewards. Custody of Solana holdings will be split between hot and cold wallets, managed by a custodian who controls the private keys. The filings also include more information about potential risks like network outages, validator failures, and the uncertain tax treatment of staking rewards. Each ETF will publish daily updates about its net asset value and holdings. The coordinated updates suggest ongoing discussions between the companies and the SEC to get these products approved. If approved, these ETFs would allow investors to invest in Solana through a regulated investment product, similar to Bitcoin and Ethereum ETFs. Solana's price is currently around $130.

Bitcoin and Ether ETFs experienced significant outflows totaling $291.28 million on Friday, reversing recent inflow trends. Ether ETFs led the decline with $164.64 million in outflows, ending a five-session inflow streak. Bitcoin ETFs also saw outflows of $126.64 million, their first decline since August 22nd. This downturn reduced the assets managed by these ETFs, with Ethereum ETFs falling to $28.58 billion and Bitcoin ETFs to $139.95 billion. Fidelity's FBTC saw the largest outflows at $66.2 million, followed by ARKB with $72.07 million, while Grayscale's GBTC experienced $15.3 million in outflows. BlackRock's IBIT was an exception, with inflows of $24.63 million. These outflows coincided with the release of U.S. inflation data, specifically a core Personal Consumption Expenditures (PCE) index increase of 2.9% year-over-year, which raised concerns about persistent inflation and the Federal Reserve's potential response. Despite these fluctuations, Ether ETFs have shown limited outflows since their launch in July 2024, with inflows surging 44% month-on-month, driven by institutional investors.

Recently, both Bitcoin and gold experienced simultaneous outflows from their respective ETFs, a deviation from their typical inverse relationship. Bitcoin ETFs saw nearly $2 billion in outflows in late August, while major gold ETFs experienced $449 million in outflows in a single week. This concurrent outflow occurred amidst uncertainty surrounding Federal Reserve monetary policy, persistent inflation, and a softening labor market. Despite a brief rebound towards the end of August, both Bitcoin and gold remain under pressure as investors await clearer signals from the Fed. Investors are currently hesitant to invest in either asset due to the lack of clarity regarding future interest rate hikes, potential recession, or a resurgence of inflation, opting to shift to cash, seek higher-yielding investments, or wait for the Fed's next move.

Dogecoin's largest investors, known as whales, have collectively purchased $20 million worth of DOGE. Simultaneously, the volume of large Dogecoin transactions has reached its highest point in five months, suggesting increased activity among major holders of the cryptocurrency. This indicates a renewed interest or accumulation of Dogecoin by significant players in the market.

Ethereum ETFs experienced a net outflow of $164 million throughout the month of August. This indicates that investors withdrew more money from these investment products than they put in during that period. These ETFs are investment funds that hold Ethereum, allowing investors to gain exposure to the cryptocurrency without directly owning it. The $164 million outflow suggests a decrease in investor interest or confidence in Ethereum ETFs during August.

Dogecoin's price is currently fluctuating, facing resistance around $0.20 to $0.25 and finding support near $0.19. Analysts suggest a break above $0.25 could lead to further buying, while a drop below $0.19 might trigger more selling. There's also mixed activity from large Dogecoin holders, with some accumulating and others selling. The article contrasts Dogecoin with Remittix, a project focused on bridging cryptocurrency and traditional banking. Remittix is priced at $0.10 and has raised over $22 million, selling over 628 million tokens. Remittix has also secured a second listing on a centralized exchange, and plans to launch a wallet beta in September. The article suggests Remittix offers real-world utility through crypto-to-fiat transfers, business integration via APIs, and growing market momentum, making it a potentially stronger investment compared to Dogecoin.

A US Court of Appeals ruled that former President Trump's tariffs on goods from countries like China, Mexico, and Canada are illegal. The court decided these tariffs were not permitted under the Emergency Economic Powers Act. Although Trump responded by saying the tariffs are still in effect, the timing of the ruling, just after futures markets closed and before a holiday weekend, raised some questions. The crypto market, which is always open, didn't immediately react with extreme selling. Experts believe that if the ruling stands and global economic pressure eases due to fewer tariffs, riskier assets like Bitcoin could potentially benefit from stimulated economic recovery and higher liquidity. Bitcoin itself isn't directly affected by tariffs, so the ruling's impact would likely be due to broader economic effects.

MAGACOIN FINANCE is gaining attention as its presale approaches $15 million raised, making it a crypto to watch in 2025. The project has built trust through audits by CertiK and HashEx, verifying its security. Buyers can secure a 50% bonus using code PATRIOT50X. The presale has attracted over 14,000 verified wallets and nearly $13 million has already been raised. Only 12% of the tokens remain available, with a capped supply of 170 billion and a 12% burn rate per transaction. Large investors from Ethereum and XRP have invested over $1.4 billion into the project. Analysts predict MAGA has higher growth prospects than XRP and Ethereum. The roadmap includes potential listings on Binance and Coinbase in Q4 2025, with partnership and ecosystem expansion plans also in development. The coin has over 25,000 community members.

Bill Morgan argues that XRP and similar 'bridge currencies' are better than stablecoins like RLUSD and USDT for moving money across borders. He believes stablecoins have limitations because they rely on a central authority, aren't truly limited in supply (can be created at any time), and are tied to fiat currencies that lose value over time. Morgan and Ripple CTO David Schwartz suggest XRP's speed and decentralization make it superior for global transfers, with Schwartz noting XRP usage in Ripple Payments greatly exceeds other assets. Industry expert Jake Claver adds that banks are unlikely to trust competitor stablecoins, further reinforcing XRP's role. Meanwhile, Ripple's RLUSD stablecoin is gaining traction, with its market cap increasing from $577 million to over $700 million and being used in traditional finance applications.

Fundstrat's Tom Lee explains that while retail investors favored Solana and Sui due to their speed, institutional investors like those on Wall Street prioritize the reliability and uptime of Ethereum. He highlights that institutions can use layer-2 solutions to overcome Ethereum's base layer speed limitations. Lee also notes the importance of staking for institutions, as it allows them to influence the Ethereum network. Ethereum's price has seen a significant increase since July, reaching almost $4,946 and pushing its market cap close to $600 billion. This price movement has improved confidence among investors. Despite a recent correction to around $4,400, analysts are still bullish on Ethereum, with year-end price forecasts ranging from $6,000 to $12,000, driven by increased institutional interest. Currently, Ethereum is trading at $4,390, up 1.1% in the last 24 hours.

The price of QTUM has increased by 15.09% in the last 24 hours, reaching $3.03, with a market capitalization of $321.35 million. It has also risen 18.94% in the past week and 38.83% in the last month. Trading volume in the last 24 hours was approximately $330 million, indicating strong investor interest. Analysts predict that QTUM could potentially increase by 370% to reach the $17-$19 range by the end of the year. Short-term resistance levels are identified at $4.00, $4.20, and $4.60. However, potential downturns in Bitcoin or other major cryptocurrencies could lead to corrections in QTUM's price.

Arthur Hayes, co-founder of BitMEX and Maelstrom, predicts that the Hyperliquids HYPE token has the potential to increase in value by 126 times. Hyperliquid is a decentralized exchange built on its own blockchain, specializing in perpetual futures contracts and its native token, HYPE, acts as a governance tool. Hayes' forecast is based on an analysis by Maelstrom that projects a $10 trillion stablecoin market by 2028. Applying Binance's historical trading volume ratio to this projected market, Hyperliquid could see $2.6 trillion in daily trades, resulting in $258 billion in annual revenues. Discounting these revenues at a 5% rate gives a present value of $5.16 trillion, which, when compared to HYPE's current valuation of $41 billion, suggests the potential 126x upside. Hayes believes that as more people use stablecoins for savings, they will turn to crypto speculation, and Hyperliquid is well-positioned to benefit from this trend and potentially surpass Binance as the leading exchange.

Bitcoin's price briefly fell below $108,000, its lowest since early July, as a large Bitcoin holder (whale) began moving billions of dollars worth of Bitcoin into Ethereum. This whale first moved $1.1 billion of Bitcoin to a new wallet, and then started buying Ethereum, adding to the $2.5 billion in Ethereum they already purchased last week. This activity caused Bitcoin's price to drop about 2% in 24 hours, while Ethereum's price rose by a similar amount. Over $400 million in crypto positions were liquidated, with Ethereum positions experiencing the most losses at $133 million and Bitcoin at $109 million. Analysts warn that Bitcoin needs to recover above $112,000 to avoid further price drops, potentially down to $100,000, because market sentiment is currently very negative.

Volkswagen Singapore is now accepting Bitcoin as payment for its vehicles. Simultaneously, large Bitcoin investors, often referred to as 'whales' and 'sharks', have collectively purchased 20,000 Bitcoin. This indicates a potential increase in institutional or high-net-worth individual interest in Bitcoin, occurring at the same time a major car manufacturer is adopting it as a payment method.

World Liberty Financial has introduced a new USD1 stablecoin on the Solana blockchain. The company minted an initial supply of 100 million USD1 tokens. This launch adds another stablecoin option to the Solana ecosystem, potentially influencing trading and decentralized finance (DeFi) activities within the network by providing a stable-valued asset for transactions and investments.

Japanese gaming company Gumi Inc. plans to invest 2.5 billion yen (approximately $17 million) in XRP tokens between September 2025 and February 2026. This gradual accumulation is intended to reduce the risk associated with market price volatility. Analysts suggest that Gumi's significant investment could potentially drive XRP's price upward due to consistent buying pressure. Gumi views this move as part of its broader blockchain strategy, recognizing XRP's role in global remittances and financial services, especially given the close ties between Ripple and SBI Holdings, a major shareholder in Gumi. Prior to this, Gumi had already invested 1 billion yen (around $6.7 million) in Bitcoin, which is being staked for rewards. The company aims to use Bitcoin for income generation and XRP as a long-term asset connected to payment and liquidity solutions. Other institutions are also adding XRP to their balance sheets, anticipating potential price increases with wider adoption. Gumi believes that Bitcoin and XRP will create a foundation for its blockchain-related business, supporting revenue growth and long-term value creation.

Solana (SOL) has reached a new transaction speed record of 107,664 transactions per second (TPS), which is significantly faster than previous benchmarks. This development has led some analysts to suggest a potential price target of $3,500 for SOL. The increase in speed may result in greater network capacity and potentially more users and applications being able to use the Solana blockchain.

The prices of major cryptocurrencies including Bitcoin, Ether, and XRP have significantly dropped, resulting in over $500 million being wiped out from traders' accounts due to liquidations. This means that traders who had borrowed money to trade these cryptocurrencies had their positions automatically closed because the value of their assets fell below a certain level, triggering losses.

Solana's price is approaching $210 with a target of $250, while interest is also growing in Remittix (RTX), a project focused on real-world payment solutions. The market capitalization of Solana stands at $112.59 billion, with a daily trading volume of $12.88 billion. Remittix has raised over $22.1 million in its presale, selling more than 628 million tokens at $0.10 each and is scheduled to be listed on BitMart and LBank exchanges. The company plans to launch a beta version of its mobile wallet in Q3 2025, enabling crypto-to-bank transfers in over 30 countries and supports over 40 cryptocurrencies. A $250,000 giveaway is also in progress to further boost community engagement. Remittix focuses on cross-border payments and has smart contracts that have been audited by CertiK for security and transparency.

Grayscale Investments has filed paperwork with the SEC to create exchange-traded funds (ETFs) for Polkadot and Cardano. These ETFs, named Grayscale Cardano Trust ETF (GADA) and Grayscale Polkadot Trust ETF, join a large number of other crypto ETF applications awaiting approval. The Cardano ETF, if approved, would trade on the NYSE Arca under the ticker GADA. Prediction markets show increasing optimism for altcoin ETF approvals, with Solana, XRP, and even Dogecoin having high probabilities of approval in 2025. Grayscale is also pursuing the conversion of existing trusts into ETFs for Litecoin, Solana, Dogecoin, XRP, and Avalanche. These filings highlight regulatory risks, including the SEC's previous classification of ADA as a security, and operate with cash-only mechanisms. Currently there are 92 pending crypto ETF applications, a 28% increase from April, with deadlines approaching in October for Solana, XRP, and Litecoin proposals. Regulatory developments, like the SEC's approval of in-kind redemptions for Bitcoin and Ethereum ETFs, and collaborative efforts between the SEC and CFTC are driving the push for wider crypto ETF approval.

The XRP Ledger (XRPL) achieved a new high in the second quarter of 2025, reaching a $131.6 million market capitalization for real-world assets (RWA). This increase is attributed to new asset issuances announced in June 2025 and the integration of XRPL with RWA.XYZ, a platform for tracking tokenized assets. Thirteen RWAs are now live on RWA.XYZ following this integration. Noteworthy examples of RWA issuances include Ondos OUSG tokenized treasury fund, Guggenheims issuance of digital commercial paper, and Ctrl Alts tokenized real estate offerings. These developments indicate growing adoption of XRPL in the real-world assets market, bridging traditional finance and blockchain technology.

The article discusses Cardano (ADA)'s price struggles below $1 and introduces Layer Brett (LBRETT), a new Ethereum Layer 2 memecoin in presale. Analysts suggest LBRETT could offer faster growth than ADA. Layer Brett aims to combine meme popularity with real blockchain utility, offering faster transactions and lower fees compared to Cardano. LBRETT's presale price is $0.005, and early stakers are seeing high Annual Percentage Yields (APY). The token supply is capped at 10 billion, and there's a $1 million giveaway to attract community members. Layer Brett boasts features like gamified staking, NFT integration, and scalability for DeFi and Web3. The presale is ongoing, allowing users to connect wallets like MetaMask to purchase and stake LBRETT using ETH, USDT, or BNB.

The IRS is facing a leadership gap in its digital assets division as key personnel have recently left for the private sector. This is happening as the agency anticipates a large increase in crypto-related tax filings, especially with new forms like the 1099-DA coming into use. At the same time, the IRS has been experiencing budget cuts and staff reductions. This situation could lead to challenges for the IRS in handling the expected surge of crypto tax filings and providing assistance to taxpayers with questions. Separately, the U.S. Department of Commerce is experimenting with putting economic data on blockchains, starting with GDP figures. Also, the crypto industry is urging the U.S. Senate to protect software developers from legal liability in upcoming market structure legislation, with Senator Mark Warner's views being a focal point. Finally, the Commodity Futures Trading Commission (CFTC), potentially a leading crypto regulator, is facing a reduction in its commission members.

The U.S. market could see a large increase in the number of crypto ETFs available as early as this fall. Over 90 applications are currently with the SEC, and many are expected to be approved. While this could make it easier for both institutions and individual investors to invest in crypto, some analysts predict that many of these new ETFs will eventually fail due to lack of investor interest. The success of each ETF will depend on investor demand, with ETFs based on more popular cryptocurrencies likely to perform better. BlackRock's Bitcoin ETF (IBIT) became the most successful ETF launch in history, holding nearly $85 billion in bitcoin. Ethereum ETFs have taken in nearly $10 billion since the start of July, which represents the bulk of total inflows of $14 billion since their launch last year. Analysts expect many crypto-related ETP launches in the next 12 to 18 months, and the market will ultimately determine which products succeed based on investor flows. There is also an anticipation of strong uptake for index-based crypto ETFs, which will give investors and advisors a straightforward way to gain exposure to the broader digital asset ecosystem.

The article promotes Mutuum Finance (MUTM) as a promising cryptocurrency under $0.05, suggesting it has significantly more potential than meme tokens like SHIB. Mutuum Finance uses a pool-to-contract (P2C) model where lenders deposit assets into pooled contracts and borrowers access them, generating revenue that is then used to buy back MUTM tokens and reward stakers. They will also have peer-to-peer (P2P) lending. Currently in Phase 6 of its presale at $0.035, analysts are projecting a potential 120x upside, bringing the token price to $4.20. The project has sold 30% of the 170 million tokens allocated for this phase, has over 15,850 holders, and has raised around $15.14 million so far. The project has a total supply of 4 billion tokens. Mutuum Finance has undergone a CertiK audit, achieving a Token Scan Score of 95.00 and a Skynet Score of 78.00. The article highlights potential exchange listings and the planned beta release as catalysts for future growth.

A large Bitcoin holder, referred to as a whale, moved 25,000 Bitcoin after having previously sold 24,000 Bitcoin the previous week. This follows a sale of $2.7 billion worth of Bitcoin that caused a $4,000 price drop and widespread liquidations. The whale still holds approximately 146,000 Bitcoin. These large transactions are raising concerns about potential market manipulation. This activity is part of a larger trend of early Bitcoin holders selling their holdings to new investors, including institutions, leading to short-term price volatility as Bitcoin ownership becomes more distributed.

World Liberty Financial (WLFI), a DeFi project with backing from Trump, is preparing to launch its WLFI token on September 1st. In preparation, they are expanding their USD1 stablecoin to the Solana blockchain. $100 million USD1 has already been minted on Solana. USD1, which debuted in April 2025, has grown to a supply of $2.4 billion and currently runs on Ethereum, BNB Smart Chain, and TRON. Major exchanges like Binance, Coinbase, Gate.io, HTX and Bullish already support USD1, as do DeFi platforms like JustLend, PancakeSwap, and MoonPay. KuCoin has also launched a USD1 Points Program. The total stablecoin market cap is over $295 billion, with USD1 holding the fifth position with over $2.5 billion.

Luxxfolio, a Canadian company, is making a significant investment in Litecoin (LTC). They plan to raise $73 million to increase their Litecoin holdings, aiming for 1 million LTC by 2026. This strategy marks a shift for Luxxfolio from Bitcoin mining to Litecoin accumulation, viewing LTC as a stable and flexible asset for their corporate treasury. An analyst suggests Litecoin has been in a long accumulation phase and could be poised for a price increase. Currently, Litecoin is trading around $110, with a market capitalization of $8.43 billion.

El Salvador has changed how it stores its Bitcoin reserves to improve security and prepare for future technological threats like quantum computing. The country moved its Bitcoin from one large wallet to many smaller wallets, each holding no more than 500 BTC. This reduces the risk of a single security breach compromising the entire reserve. The previous setup used a single address repeatedly, exposing the keys to potential attacks. The new system uses multiple wallets and a public dashboard to maintain transparency while improving security. This approach aligns with established best practices in the Bitcoin community, such as splitting funds into smaller portions and avoiding address reuse. This move is intended to protect against potential quantum computer attacks, which could theoretically break Bitcoin's encryption in the future, and positions El Salvador as a model for managing national Bitcoin reserves.

Recent Cardano news indicates that over $170 million worth of ADA tokens have been withdrawn from major cryptocurrency exchanges, suggesting investors are accumulating the asset for long-term holding. This accumulation occurs after the SEC delayed its decision on Grayscale's spot Cardano ETF application. Simultaneously, Cardano investors are showing interest in Remittix (RTX), a new PayFi token currently in presale. Remittix aims to simplify cryptocurrency payments by allowing users to send over 40 cryptocurrencies directly to bank accounts in over 30 countries. The project has raised $22.1 million in its presale, selling over 628 million tokens, and is expected to be listed on BitMart and LBank. Analysts are optimistic about Remittix's potential, citing its utility in the cross-border payments market and its upcoming Q3 wallet beta launch. A $250,000 giveaway is also underway to attract new investors.

Crypto blogger Davinci Jeremie criticized XRP, calling it a "scam you can gamble on," despite a previous prediction of a price surge to $20-$24. This statement followed a video clip of an investor revealing their $1.3 million investment in XRP. While Jeremie is critical, XRP is currently trading at $2.80 with a market capitalization of $167 billion. Its Ledger has become prominent for fast, cross-border payments, and asset tokenization has increased investor confidence. Ripple's partnerships with Bank of America, Santander, and Standard Chartered, alongside the dismissal of the Ripple vs. SEC lawsuit, have also contributed to positive sentiment. However, some critics still view XRP negatively, including blockchain investigator ZachXBT.

Gryphon Digital Mining's shareholders have approved a merger with American Bitcoin, a company associated with the Trump family. This merger involves a 5-to-1 reverse stock split and a rebranding of the combined entity as American Bitcoin, which will trade under the ticker ABTC on the Nasdaq starting September 2nd. This allows American Bitcoin to become publicly traded without an initial public offering. Gryphon's shares initially rose on the news but then declined. The deal aims to combine Gryphon's mining operations with American Bitcoin's Bitcoin accumulation strategy. American Bitcoin is reportedly looking to expand into Asian markets like Hong Kong and Japan. The Trump family has other involvements in the crypto space, including income from a crypto platform and plans for a Bitcoin treasury for Trump Media & Technology Group. The Trump administration previously made policy moves that were seen as pro-crypto, including considering allowing crypto in 401(k) plans.

Federal Reserve Governor Lisa Cook has filed a lawsuit against former President Trump, challenging his attempt to remove her from her position. Trump cited mortgage fraud allegations related to Cook's 2021 home and condo purchases as the reason for her dismissal. Cook's lawsuit requests the court to declare Trump's actions unlawful and ensure she remains a member of the Federal Reserve. A court hearing was held with arguments focusing on Cook's request to temporarily block her firing. Trump administration officials stated the firing was to improve the Federal Reserve's accountability and credibility and not related to influencing monetary policy or controlling the Fed. A decision is expected on Tuesday following additional legal briefings.

Michael Saylor, a well-known Bitcoin advocate, unveiled an AI-generated video showcasing "Station B," a fictional Bitcoin-powered space station. The video promotes Bitcoin as a low-cost, seamless financial system for the future. Saylor suggests Station B is a solution to a potential collapse of fiat currency by incorporating Bitcoin into daily life. However, despite Saylor's promotion, Strategy's shares (formerly MicroStrategy) fell by 15% in August 2025, due to market concerns about the company's strategy of issuing shares to buy more Bitcoin. Currently, the company holds 632,457 BTC, valued at over $68 billion.

An analyst is predicting Bitcoin's price may decline further after it failed to break through a resistance level of $121,000. Bitcoin is currently testing a support level at $109,700. The analyst believes that if Bitcoin falls below $109,700, it could then decline to $104,000. If the price declines to $104,000, there is a question of if Bitcoin can maintain the $100,000 level.

Investors have dropped a class action lawsuit against Strategy Inc., a company known for holding a large amount of Bitcoin. The lawsuit alleged that Strategy Inc. and its executives misled shareholders about the risks associated with their Bitcoin investment strategy and a change in accounting rules that affects how they report the value of their crypto assets. The plaintiffs claimed the company didn't properly disclose the financial risks of buying so much Bitcoin and didn't adequately explain how the new accounting rule would impact their earnings. However, the investors have now voluntarily dismissed their claims, meaning they can't refile the same lawsuit. The dismissal ends the case without a trial or settlement. Strategy Inc. has stated that its disclosures were accurate and complete. Strategy Inc. currently holds 632,457 Bitcoins, valued at around $68.5 billion. The company recently issued $359 million in new shares to buy 3,081 more Bitcoins. Currently, MSTR is trading at $334.41, showing a price decrease.

Austin Federa, formerly of the Solana Foundation, is launching DoubleZero, a protocol designed to improve blockchain communication speed and scalability. DoubleZero aims to create a faster-than-internet network for crypto transactions by building a high-performance fiber mesh network with multiple independent contributors. Currently, 12.57% of staked SOL is operating on the DoubleZero testnet. The mainnet launch is expected in September and will feature over 50 fiber links, with some connections being 10 to 20 times faster than current connections. DoubleZero addresses the communication bottleneck that occurs as blockchain networks grow in size and speed, and it is not built on Solana, using instead a separate ledger system, but is being first supported by Solana, who is uniquely positioned. A stake pool staking to nodes on DoubleZero exists. A token launch will accompany the mainnet launch in September. The goal is to allow blockchains to increase speed without sacrificing node count or decentralization and to provide a faster route for transactions, with the public internet as a backup.

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.

Conflux (CFX) has experienced a price surge of nearly 8% in the last 24 hours, signaling a potential bullish trend. After a period of consolidation between $0.05 and $0.10 from April to July, CFX broke out and reached highs close to $0.25. It's currently trading above its 50-day EMA at $0.170 and 200-day EMA at $0.132, indicating positive momentum. The Relative Strength Index (RSI) is at 55, suggesting room for further growth before being considered overbought. The price faces a critical resistance level at $0.25, and breaking above this could lead to a rally towards $0.30-$0.35. Analysts project CFX could reach $0.35 in 2025.

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.

MemeCore (M) has experienced a significant price increase, surging almost 100% in the last 24 hours. After trading in a narrow range following a drop from around $1.00 to $0.30, the token jumped from approximately $0.40 to $1.20. Technical indicators suggest continued upward momentum, with the 50-day EMA trading above the 100-day EMA (a "golden cross"), the RSI in the bullish region, and the MACD showing positive divergence. The immediate target for MemeCore is the $1.00 level, and breaking above it could signal a new bullish trend.

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.