The Minneapolis-based firm's ether holdings sit at 521,939 ETH as of its latest purchases.
NEAR Protocol surged 5% in a 24-hour rally before late-session volatility erased gains, as institutional flows met resistance amid shifting macroeconomic conditions.
Bitcoin is entering a critical phase after losing the crucial $115,000 support level, with selling pressure mounting across key timeframes. The bullish momentum that previously fueled upside moves has faded, and price action now signals growing market weakness. As investor sentiment shifts from cautious optimism to concern, fears of a deeper correction below $110,000 are gaining traction among analysts. Related Reading: Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble According to CryptoQuant analyst Axel Adler, Bitcoin has established a short-term resistance level at $112,000—a constructive sign that the market is attempting to stabilize. However, Adler warns that the $112K–$105K zone remains structurally fragile, acting as a buffer that separates current price levels from more aggressive downside risk. If sellers push BTC below $105K, it could trigger a cascade of long liquidations and shake out short-term holders. With macroeconomic uncertainty and declining ETF flows weighing on sentiment, Bitcoin’s path forward depends on how it reacts within this range. A recovery above $112K would signal resilience, while a breakdown could open the door to a broader market correction. Short-Term Holder Risk Grows As Bitcoin Fails To Reclaim Momentum According to Adler, the current structure of the Bitcoin market shows growing vulnerability, particularly among short-term holders (STHs). Adler points out that the 1-week to 1-month STH Realized Price sits at $117,000, meaning this entire cohort is now underwater. These investors, who tend to react emotionally to short-term volatility, may be the first to panic-sell if any negative catalysts emerge—potentially triggering a cascade of sell-offs across the broader market. Adler further highlights the $105,000 level as a critical support zone, based on the aggregated STH Realized Price. If Bitcoin drops into this range, the pressure to hold will intensify, but it may also act as a strong technical and psychological level that could slow or even reverse the downtrend. “The market remains weak,” Adler reaffirmed, maintaining his bearish stance from the day prior. He emphasized that retail investors are failing to push the price higher, and the lack of sustained demand adds to the growing structural weakness in the market. Compounding the stress is recent weak US jobs data, which has sparked fresh speculation about potential interest rate cuts from the Federal Reserve. While this could be bullish for risk assets in the long run, the current uncertainty is adding pressure to already fragile market sentiment. Related Reading: Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade Bitcoin Attempts Recovery Amid Resistance Cluster The 4-hour chart for Bitcoin (BTC) reveals a key battle playing out below the $116K resistance zone. After briefly dipping below $113K earlier this week, BTC has rebounded and is now trading around $115,478, approaching the 100 and 200 moving averages—currently acting as overhead resistance at $116,596 and $115,799, respectively. The price is also attempting to break back above the horizontal support-turned-resistance at $115,724, a level that held during July’s consolidation range. This cluster of resistance—formed by the SMAs and horizontal level—poses a significant short-term hurdle. A clean breakout above this zone with strong volume could signal renewed bullish momentum and open the path toward retesting the $122K range high. Related Reading: Is Bitcoin Overheated? Key Signal Flashes Warning Similar To 2021 And 2024 Market Tops However, volume remains relatively low compared to the July breakout, and the failed attempts to reclaim higher levels suggest buyers are cautious. Unless BTC can reclaim and consolidate above $116K, the rejection risk remains high, potentially pushing the price back into the lower $112K–$113K support band. Featured image from Dall-E, chart from TradingView
With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud.
Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels — can bulls take control?
A 7-second clip showing GPT-4o morphing into GPT-5 has the AI community losing its collective mind. Here’s what to expect.
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
The New York Department of Financial Services (NYDFS) said the fine was due to a lack of anti-money laundering oversight.
Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has done the opposite, especially in recent months. This behavior is perfectly captured by the Bitcoin Volatility Index (BVIV), a metric that tracks the implied volatility […]
The post Record compression in implied volatility sets up next big move for Bitcoin appeared first on CryptoSlate.
In 2025, cloud mining and crypto staking offer distinct passive income paths.
Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets.
Tether's investment in Bit2Me could accelerate the adoption of regulated crypto services in Europe and Latin America, enhancing market growth.
The post Tether takes stake in Bit2Me and leads its new funding round appeared first on Crypto Briefing.
India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […]
The post India finds $72 million in hidden crypto income as tax compliance tightens appeared first on CryptoSlate.
The recent price rally is likely tied to a broader market trend, with growing expectations of a Federal Reserve interest rate cut in September.
Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.
The crypto market is seeing strong upward movement today, with prices climbing across major coins. In the past 24 hours, the total market capitalization has grown to around $3.83 trillion, rising by 2.75 percent. Ethereum is also making headlines, jumping nearly 6 percent in one day. It’s now trading at $3,821 with a market cap …
Polkadot rallied on triple the normal volume as institutional buyers drove momentum.
A growing number of workers are now getting paid in crypto. In 2023, just 3% of those surveyed said part of their salary arrived as digital tokens. By 2024, that share jumped to 9.6%. Related Reading: Bitcoin Remains ‘Undefeatable’, Tether Chief Says This shift comes as blockchain firms and DAOs explore new ways to handle cross-border pay. Reports have disclosed that purely fiat payments fell from 95% to 85% over the same period. Our mission is to support the long-term success of both our portfolio companies and the broader crypto ecosystem. One major gap we’ve consistently seen? Reliable, transparent compensation data for crypto teams. That’s why we created our annual Crypto Compensation Survey – a… — Pantera Capital (@PanteraCapital) August 6, 2025 Rise In Crypto Payroll According to Pantera Capital’s 2024 Blockchain Compensation Survey, USDC leads the pack. It now makes up over 60% of all crypto wages. USDT trails with 28%. Smaller slices go to Solana at 1.9% and Ethereum at 1.3%. These numbers point to stablecoins becoming a regular tool for payroll. That’s a big change from just a year ago. Many companies are drawn by faster settlement times and lower fees. And workers in regions with shaky banking systems see real benefit. Reports have disclosed that Asia-based teams and contractors are among the biggest drivers of this trend. They often rely on stablecoins to avoid high transfer costs or strict local rules. A handful of firms now let staff split pay between cash and crypto. This hybrid model gives people the freedom to hold tokens or spend fiat. It also helps those who want to dollar-cost average into crypto markets. Pantera’s data shows these arrangements are on the rise, though full-crypto pay remains rare. Stablecoin Salaries Soar Circle’s decision to publish monthly reserve reports has strengthened trust in USDC. The company even secured access to US Treasuries for its backing. That transparency helps explain why more payroll departments pick USDC over other coins. Tax teams also get clearer data when they see monthly reserve disclosures. Related Reading: Bitcoin Insult Alert: Pro Trader Dubs HODLers ‘Idiots,’ Saylor Fires Back Behind the scenes, better payroll platforms and accounting tools have made on-chain payments simpler. Real-time rails now link digital wallets to corporate treasuries. And more firms are building internal processes to track taxable events. Based on reports from industry insiders, this is only the beginning. As more crypto-native companies formalize their operations, they’ll need reliable ways to pay people. And wider acceptance by regulators could give traditional firms the confidence to join in. Featured image from Young Platform, chart from TradingView
ETFs, IPOs, and stablecoins are accelerating crypto’s flywheel effect. Learn how these forces fuel growth — and where the slowdown could start.
The latest “Clear Crypto Podcast” unpacks how blockchain helps solve critical challenges in agriculture, from supply chain transparency to land ownership and food waste.
In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.
The settlement underscores the critical need for robust compliance frameworks in crypto partnerships to protect financial system integrity.
The post Paxos to pay $48 million in New York settlement over AML compliance failures appeared first on Crypto Briefing.
The Ethena price is making waves in Q3, which are mainly fueled by whale accumulation, rising USDe demand, and major technical breakouts. With the token recovering quickly despite its recent token unlock event, it is surprising that the market appears increasingly confident in ENA crypto’s long-term prospects. Also, experts and investors alike are hoping for …
Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards.
Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject […]
The post Ripple boosts stablecoin payments clout with $200 million Rail acquisition appeared first on CryptoSlate.
The acquisition follows Ripple’s application for a banking license in July.
Ripple has made a bold move to strengthen its position in the crypto world, and this time, it’s all about faster, easier payments. The company plans to buy Rail, a startup that helps businesses send money across borders using stablecoins. This $200 million deal is more than just a big spend, it shows Ripple is …
The token experienced a sharp rally earlier in the day, reaching a local high of $778, but a rapid sell-off followed, trimming gains made during the advance.
The European Banking Authority has finalized rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.
XRP has come under selling pressure following its recent all-time highs near the end of July. After briefly pushing above the $3.10 mark, bullish momentum faded, triggering volatility across the board. While XRP remains within its long-term bullish trend, buyers are losing control of short-term price action. The failure to maintain levels above $3.10 has led to growing concerns about a deeper correction, especially as broader market sentiment turns cautious. Related Reading: Ethereum Bears Dominate Market Orders: -$418.8M Daily Net Taker Volume Signals Trouble New data from CryptoQuant adds to the bearish outlook. Whale flows have sharply flipped into negative territory, indicating renewed distribution by large holders. This shift resembles the pattern seen earlier this year, when sustained outflows from whales preceded a multi-week correction. Unless this trend reverses with consistent accumulation from major players, XRP may remain structurally weak in the near term. With the entire crypto market losing momentum, the coming days will be critical for XRP. Investors are watching closely to see whether long-term support holds or if distribution pressure escalates. The behavior of whales, combined with rising volatility and short-term bearish sentiment, suggests caution is warranted as XRP’s price action enters a decisive phase. Whale Outflows Signal Caution for XRP As Market Faces Structural Weakness According to CryptoQuant analyst The Enigma Trader, XRP’s on-chain metrics are flashing warning signs. The 90-day moving average (90DMA) of whale flow has sharply turned negative, signaling renewed distribution from large wallets. This pattern mirrors activity observed in January–February 2025, when XRP hit a local top before experiencing a sustained correction. During that period, consistent outflows from whale wallets coincided with growing selling pressure, leading to a sharp downturn in price. While the current drawdown is milder and shorter in duration, the directional similarity is notable. The shift in whale flow suggests that large holders are reducing exposure, likely anticipating increased volatility or weaker demand in the near term. For XRP to regain bullish momentum, The Enigma Trader points out that the market needs to see a return of consistent positive whale flows, exceeding +5 million XRP per day. So far, there’s no clear sign of such activity. Without renewed accumulation from institutional players or high-net-worth investors, the market may remain structurally weak. Whale buying has historically been a key signal for trend reversals and sustained price rallies. Until that resumes, XRP could continue to struggle with short-term volatility and selling pressure. Related Reading: Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade Price Holds Support After Post-ATH Pullback XRP is currently trading around $2.98 after pulling back from its all-time high above the $3.60 level set in late July. As shown on the daily chart, the price recently bounced near the 50-day simple moving average (SMA), which sits at $2.71, suggesting this moving average is acting as a dynamic support level. The overall trend remains bullish, with XRP still well above the 100-day ($2.49) and 200-day ($2.45) SMAs. Despite the correction, XRP’s structure is holding up as long as the price stays above the $2.70–$2.80 zone. A decisive breakdown below this range could expose XRP to further downside, potentially revisiting the 100-day SMA for support. On the upside, bulls face immediate resistance around $3.10, a level the market has tested multiple times since the pullback. Related Reading: Is Bitcoin Overheated? Key Signal Flashes Warning Similar To 2021 And 2024 Market Tops Volume has decreased during the recent decline, suggesting that sellers are losing momentum. However, without a surge in buying pressure, the rebound may stall below key resistance levels. Market participants are watching closely to see if bulls can reclaim $3.10 and build a base for a new upward leg, or if the lack of accumulation — especially from whales — signals more downside ahead. Featured image from Dall-E, chart from TradingView