The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.
The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients.
Bitcoin’s performance in recent days has been nothing short of notable with an impressive rally. The leading cryptocurrency has managed to surge past $124,000 this week to register a new all-time high of $124,128 in the past 24 hours, according to CoinGecko data. Interestingly, technical analysis from a crypto analyst known pseudonymously as Stockmoney Lizards predicts that Bitcoin is now approaching a critical phase that will send its price over $300,000 by 2026. Bitcoin Reaches Pivotal Phase In Long-Term Trend Stockmoney Lizards shared a long-term Bitcoin macro chart that combines a price channel with a momentum oscillator in a post on the social media platform X. The analysis, which was done on the 2-week candlestick timeframe chart, shows that Bitcoin has been trading upwards within a rising parallel channel since 2012, with major cycle tops touching the channel’s upper resistance line. Related Reading: None Of These 30 Bitcoin Bull Market Top Indicators Have Been Triggered Recent price action has seen the Bitcoin price climbing toward the midline of the channel. According to the analyst, this is the most critical phase, and the current movement suggests it is about to repeat impulsive waves to the upside like both the 2018 and 2021 bull runs. Furthermore, the analyst pointed to a bounce on the oscillator at the bottom of the chart, much like it did in 2017 and 2020 before the rallies in the subsequent year. This oscillator, combined with recent technical factors, has led the analyst to forecast a potential base Bitcoin price target of $180,000 to $200,000 by early 2026, while leaving open the possibility of an even stronger rally. Path To A $300,000 Bull Case Although Stockmoney Lizards noted that Bitcoin has matured and its market behavior is no longer a perfect mirror of past cycles, the market still has room for a “my-neighbor-just-asked-me-about-Bitcoin” type of frenzy phase. This stage, which is going to be characterized by a surge in mainstream retail interest, will be the one to generate the needed parabolic price surge for the bigger bull case. Related Reading: Bitcoin Price Could Hit A Small Roadblock To ATH As CME Gap Threatens Crash If such a scenario unfolds, the analyst projected that Bitcoin’s bull case could extend beyond $300,000 before the current macro cycle peaks. Interestingly, the chart projection shows a price target as high as $350,000. Bitcoin is already up by about 107% in the past year. Its rally in the past weeks is based on a few factors ranging from expectations of Federal Reserve rate cuts to regulatory green lights for cryptocurrencies in retirement plans. A surge to $300,000 and $350,000 by 2026 would translate to another 145% and 188% increase, respectively, from the current price level. At the time of writing, Bitcoin is trading at $121,685, up by 1.8% in the past 24 hours. It has retraced by 1.9% from its new all-time high of $124,128 about seven hours ago. Featured image from Getty Images, chart from Tradingview.com
Federal agencies have continued to scrutinize some digital asset activities, even as the Trump administration has relaxed its regulatory oversight.
Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation.
President Donald Trump has discredited the inflation fears caused by Thursday’s hotter-than-expected Producer Price Index (PPI). Trump told reporters on Thursday that inflation is down to a ‘perfect number’ thus rejuvenating hopes for a Fed rate cut in September. “Hardly any inflation at all. 401(k) s and the stock are soaring,” President Trump noted. Crypto …
Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders.
Lauded tech investor Cathie Wood got in on the latest blockbuster crypto IPO, with Ark Invest buying up millions of shares in Bullish.
According to Fundstrat research, Ether could climb much higher before the end of 2025, with price targets ranging from $10,000 to as high as $15,000. Related Reading: Dogecoin Draws New Attention As Open Interest Tops $3 Billion Reports show Ether jumped about 60% over the past 30 days and hit a four-year high near $4,770 in early trading, while other coverage put the token at $4,694 and noted a 78% surge over an eight-week stretch. Those moves have pushed Ether close to its all-time peak, and fund managers are taking notice. Fundstrat Targets And Rationale According to Fundstrat’s chief information officer Tom Lee and head of digital asset research Sean Farrell, institutional forces and new rules are key drivers. They point to stablecoin work and tokenized projects being built mostly on Ethereum, and they cite regulatory efforts such as the GENIUS Act and the SEC’s so-called Project Crypto as factors that could speed Wall Street’s move onto blockchain rails. Based on data, Ethereum holds a commanding 55% share of the $25 billion real-world asset tokenization sector, a stat that Fundstrat uses to argue for broader institutional adoption. Institutional Demand And Big Buyers Reports have disclosed large-scale corporate accumulation that several analysts say is taking supply off the market. BitMine Immersion Technologies has reportedly added about 1.2 million ETH since early July, leaving the company with roughly $5.5 billion worth of Ether on its books. Company stock (BMNR) has been volatile, with some coverage pointing to a 1,300% jump over a short period. Fundstrat and other observers say those kinds of corporate treasuries, combined with fresh ETF flows, could create a structural bid for ETH if the buying is sustained. Rachael Lucas, a crypto analyst at BTC Markets, described these positions as strategic and long-term, saying they remove “substantial liquidity” from trading pools. Market Momentum And Price Claims According to Fundstrat, Ether is outperforming Bitcoin this year. One set of figures put ETH’s year-to-date gain at 28% against Bitcoin’s 18%, while other reports more recently showed ETH up 41% YTD and Bitcoin up 30% YTD, with BTC trading near $121,000 in that snapshot. Based on reports, Fundstrat’s analysts view ETH as a major macro trade for the next 10 to 15 years if institutional and regulatory trends continue to push demand higher. Analysts caution that lofty targets will need sustained, large inflows to become reality. Watch for the pace and consistency of ETF flows, corporate treasury disclosures, and any regulatory moves around stablecoins and custody rules. Related Reading: Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role There’s also a practical concern: big, concentrated buys can tighten markets quickly but may also reverse if sentiment shifts or liquidity needs change. According to analysis and public comments from Fundstrat, the bullish case for Ether is clear and backed by specific numbers: $10,000 to $15,000 targets, corporate treasuries holding millions of ETH, and rapid recent gains. Featured image from Meta, chart from TradingView
The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.
The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.
Citigroup eyes custody for stablecoins, crypto ETFs, and instant payments as new U.S. rules open doors for banks in digital assets.
The post Citigroup eyes custody services for stablecoins and crypto ETFs amid US policy shift appeared first on Crypto Briefing.
Major Wall Street players are adding talent to support their growing cryptocurrency operations.
The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple companies and individuals accused of using stablecoins to help Russia skirt international sanctions tied to its war in Ukraine on Aug. 14. The designations target both Russian-linked businesses and foreign intermediaries alleged to have facilitated large-scale cross-border transactions for sanctioned entities. The move highlights OFAC’s […]
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Some experts believe the token's price will keep pumping through year-end. Others are worried about macro conditions.
Dogecoin’s bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent advances. The move suggests bulls are gaining control and could be preparing for further upside if momentum holds. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? According to the update, the 5-day moving average (5MA) has crossed above both the 10-day and 20-day moving averages. Such crossovers often reinforce the continuation of an uptrend, especially when supported by other confirming indicators. Volume has also been increasing alongside the price rise. Higher trading activity at elevated price levels shows that demand is growing, adding credibility to the upward move. This combination of technical strength and volume support positions Dogecoin for potentially sustained gains. However, GemXBT also noted that the Relative Strength Index (RSI) is approaching overbought levels, while the MACD is in positive divergence. These conditions suggest there is still room for more upside, but they also warrant caution for possible short-term pullbacks. Cup & Handle Emerges: A Textbook Bullish Signal For Dogecoin Examining the daily chart, RISK highlighted that Dogecoin is forming a classic cup-and-handle pattern, one of the most reliable bullish formations in technical analysis. Following a deep, rounded recovery from the June lows, the price is once again testing the $0.27 resistance zone, a level that has repeatedly capped previous rallies. Related Reading: Dogecoin Just Flashed A Rare Weekly Bullish Signal — This Analyst Is Buying The handle portion of the pattern is taking shape with controlled pullbacks and reduced trading volume. This behavior typically signals that sellers are gradually running out of steam while buyers quietly build positions. Such consolidation often precedes a breakout, as the market transitions from profit-taking to renewed buying pressure. If DOGE manages to break and close above the $0.27 resistance zone, the technical structure suggests that momentum could accelerate sharply. In this case, bullish targets would likely extend toward $0.31, then $0.39, and potentially $0.50 or higher as confidence grows among traders. For now, the broader outlook remains bullish as long as the series of higher lows on the chart stays intact. With the breakout scenario still firmly in play, Dogecoin is positioned for a strong upward move should buyers push it past the $0.27 key resistance barrier. Featured image from Getty Images, chart from Tradingview.com
TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
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OpenAI promised a one-model-fits-all future for ChatGPT. Instead, it backtracked—and the model choices are more confusing than ever.
Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
The XRP price has broken out of a 7-year Double Bottom pattern, signaling what analysts predict could be the start of a major long-term rally. According to reports, a breakout and successful retest of this long-standing chart pattern could set the stage for a massive surge toward $36, ultimately repeating the bull rally seen during the 2014-2017 cycle. XRP Price Eyes $36 After Double Bottom Breakout Crypto analyst Gert van Lagen has drawn attention to a rare and potentially explosive technical event currently unfolding on the two-week XRP price chart. According to his analysis posted on X social media, XRP has successfully broken out of a massive 7-year Double Bottom formation—a pattern that typically signals long-term reversal from bearish to bullish market conditions. Related Reading: Analyst Says What Happened With Bitcoin Is About To Happen With XRP Based on the analyst’s chart, XRP had breached the neckline of this Double Bottom pattern after years of accumulation, following up its momentum with a textbook retest that confirmed the breakout. This retest, occurring at a critical price point, has historically acted as the final validation before a sustained rally. Lagen has also compared the current cycle with that of the 2014-2017 phase, indicating that XRP’s price action could be repeating similar strong bullish patterns that emerged during that period. The chart suggests that XRP is poised to clear its former all-time high of $3.84, potentially removing one of the most significant technical barriers in its history. With the resistance level now flipped into support, Lagen’s price projection points to an initial target of approximately $36. This level aligns with the 2.00 Fibonacci Extension of the Double Bottom pattern. Notably, the expert’s analysis implies that XRP’s current momentum is not just a short-term spike, but likely the early stages of a multi-month, possibly multi-year climb. If the structure follows past patterns and continues to play out as Lagen predicts, XRP could be on track to deliver one of its strongest bull runs since the 2017 rally. XRP Mirrors Ethereum’s 2017 Breakout Pattern In a separate bullish analysis, a crypto analyst identified as ‘Shibo’ on X compared XRP’s present market behavior to Ethereum’s historic breakout in 2017. His side-by-side chart shows an almost identical technical progression involving an extended consolidation phase forming a base, followed by a decisive breakout at a clearly defined resistance level. Related Reading: XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed Next In Ethereum’s case, this move triggered an extraordinary rally from sub-$20 levels to more than $1,400 in under twelve months, marking one of the most explosive advances in crypto history. Shibo argues that XRP is now positioned in the same “breakout zone” that the ETH price occupied before its parabolic surge. Based on this chart historical pattern, the analyst has forecasted a rather ambitious price target for XRP. He believes that the cryptocurrency could see a massive surge to $589, representing an eye-watering increase of 18,084%. Featured image from Getty Images, chart from Tradingview.com
ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.
Block's innovations could significantly lower costs and extend hardware lifespan, potentially democratizing and decentralizing Bitcoin mining.
The post Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software appeared first on Crypto Briefing.
Market strategists said the crypto rally’s broader outlook remains positive despite the largest long liquidations since early August.
ChatGPT said:
NEAR Protocol swung between $2.78 and $3.05 as nearly 20 million tokens changed hands during peak sell pressure, before buyers stepped in to lift prices back toward $2.82.
Bitcoin surged to a fresh all-time high of $124,500 just hours ago, but the celebration was short-lived as the price quickly retraced to the $121,500 level. The sudden pullback has split market opinion: some analysts interpret the drop as a sign of waning momentum, while others see it as a healthy pause before another breakout attempt. Related Reading: Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate Market Adding to the intrigue, key data from CryptoQuant reveals that BTC volatility — measured by the 30-day Price High & Low metric — has compressed to its lowest point in two years. This metric tracks the range between Bitcoin’s rolling 30-day high and low, and its current tight squeeze suggests a rare balance between supply and demand. Liquidity has been clustering above local highs near $120K and below recent lows around $113K, creating a coiled-spring effect in the price structure. Historically, such volatility compression phases often precede significant range expansions. The question now is whether Bitcoin will break upward, continuing its long-term bull trend, or slip into a deeper correction if selling pressure gains traction. With the market sitting near record highs and volatility at multi-year lows, traders are bracing for what could be the next decisive move in Bitcoin’s 2025 rally. Bitcoin Volatility Compression Signals Imminent Move According to top analyst Axel Adler, Bitcoin’s 30-day Price High & Low metric is showing one of its tightest readings in years. The range between BTC’s rolling 30-day high and low has narrowed significantly, while the bands themselves — representing the rolling maximum and minimum prices — have compressed tightly around the current price. This pattern is a textbook sign of volatility contraction. Adler explains that such compression typically reflects a balance between supply and demand and a period of low realized volatility. In this phase, liquidity tends to concentrate just above local highs, currently around $120,000, and just below local lows, near $113,000. This creates a situation where price movement is contained within a narrow band, with traders positioning themselves on both sides in anticipation of the next breakout. The coming days will be critical in determining Bitcoin’s short-term structure. If BTC can break above the $120K–$124K zone, it could trigger another leg higher in its uptrend. However, a breakdown below $113K would increase the risk of a deeper correction, potentially shifting market sentiment. Related Reading: Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details Price Analysis: Testing Critical Resistance Zone On the 8-hour chart, Bitcoin (BTC) is trading at $121,596, down slightly by 0.14% after hitting $122,609 earlier in the session. The move comes just a day after BTC briefly broke above the key $123,217 resistance level, approaching the $124,000 psychological barrier before pulling back. This zone remains the most significant obstacle for bulls, as it has capped upward moves multiple times. Price action shows BTC maintaining a bullish structure above its major moving averages — the 50 SMA ($116,948), 100 SMA ($117,653), and 200 SMA ($112,495). This alignment signals continued strength in the medium term, with the 50 SMA acting as immediate dynamic support. Related Reading: Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution? The repeated tests of the $123K area suggest that market liquidity is heavily concentrated here. A decisive breakout and sustained close above $124K would likely trigger momentum buying and open the door to new all-time highs. Conversely, a failure to reclaim $123K could lead to renewed selling pressure, with initial support at $120K and deeper support near the $117K–$118K range. Featured image from Dall-E, chart from TradingView
Tron founder Justin Sun has filed a lawsuit against Bloomberg, accusing the media outlet of unlawfully disclosing his private financial information in its Billionaires Index profile. In an Aug. 11 court filing, the crypto billionaire alleged that Bloomberg intended to “recklessly and improperly” publish highly confidential and proprietary details about his crypto holdings. He argued […]
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ATOM-USD rebounded sharply from a midday selloff, with heavy volume and fresh support at $4.60 signaling renewed buyer confidence, even as resistance at $4.91 remains unbroken.
Brian Armstrong, CEO of Coinbase, believes that all assets will eventually move onto the blockchain. According to him, this shift could make financial transactions faster, cheaper, and more efficient, and would transform the entire financial system. He notes that the shift will be gradual, with bigger companies leading the way, using blockchain to raise capital. …
Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.
Bitcoin fell sharply Thursday after the US Treasury made clear it will not add to a planned Bitcoin reserve through new purchases. Related Reading: Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role Prices had earlier rallied to an intraday high near $124,120, but traders saw gains reverse and the token backpedaled to around $118,550 later in the session. Markets were jittery, and parts of the crypto futures market saw forced liquidations during the sell-off. Treasury Rules Out New Buys According to reports, Treasury Secretary Scott Bessent told Fox Business the government will not be buying additional Bitcoin for the reserve and that future additions will come from confiscated assets. “We’re not going to be buying that,” he said, and he added the Treasury would “stop selling” holdings it already controls. Bessent estimated the reserve’s current value at somewhere between $15 billion and $20 billion. The comments stand in relief to an earlier move by US President Donald Trump, who issued an executive order asking for budget-neutral plans to grow strategic Bitcoin holdings. JUST IN: ???????? Treasury Secretary Bessent says the US Government is “not going to be buying” Bitcoin. pic.twitter.com/vL79P531CP — Watcher.Guru (@WatcherGuru) August 14, 2025 Market Reaction And Price Swings Based on reports, the sell-off erased a chunk of Thursday’s gains. One feed showed Bitcoin drop from about $121,050 to $117,201 within an hour, while other data points put the low near $118,460. Trading platforms recorded a wave of liquidations estimated at roughly $450 million around the same time. Traders said the sudden shift was driven by the clarity in policy — investors had been pricing a possible government buyback program into earlier optimism, and that expectation faded after Bessent’s remarks. U.S. Treasury Secretary Scott Bessent said in an interview with Fox, “We are not going to be buying,” referring to crypto reserves, and will instead use seized assets. He has also stated that the value of Bitcoin reserves is about $15 billion to $20 billion, and that the… — Wu Blockchain (@WuBlockchain) August 14, 2025 Macroeconomic Signals And Tariff Revenue Reports have also disclosed that Bessent linked some balance-sheet plans to rising tariff collections, saying July brought nearly $30 billion in tariff revenues. Bessent suggested annual tariff receipts could top a previous projection of $300 billion, a figure he said could help fund other asset strategies. The timing of his comments also came as US data showed the Producer Price Index rising 3.3% year-on-year and 0.9% month-on-month for July, numbers that add to the broader economic backdrop investors are watching. Related Reading: Dogecoin Draws New Attention As Open Interest Tops $3 Billion Confiscated Assets Versus Direct Purchases The Treasury secretary’s note that confiscated assets will be used to grow the reserve shifts the funding model away from direct Treasury buys. For now, that means any further increase in the reserve would be gradual and dependent on law enforcement recoveries rather than market purchases. Market participants said that stance removes a clear, predictable buyer from the market, which can make price swings larger over short windows — exactly what traders saw on Thursday. Featured image from Unsplash, chart from TradingView