The crypto market saw heavy liquidations totaling $449.11 million, with the overwhelming majority coming from longs. Out of this figure, $362.34 million came from longs and just $87 million from shorts, showing that most traders were positioned for the upside. Bybit and Binance dominated activity, accounting for $166.53 million and $140.36 million in liquidations, respectively, […]
The post Market saw $449M in liquidations as ETH dropped nearly 6% appeared first on CryptoSlate.
China's potential approval of yuan-backed stablecoins could shift global financial dynamics, challenging the dollar's dominance in digital currency.
The post China may approve yuan-backed stablecoins amid fears of dollar-powered tokens appeared first on Crypto Briefing.
Recently, in August, the Chainlink price has shown remarkable strength, which is mainly driven by surging whale activity, rising adoption, and several positive on-chain indicators. Currently, the momentum is building after crossing $26 for the first time in the past seven months, and LINK price looks well-positioned to extend gains on the upside. Investors and …
China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters.
Bitwise’s Matt Hougan says BTC could deliver nearly 30% in annualized returns over the next decade and remain a low-correlation diversifier for investors.
Spot ether ETFs have seen growing demand with cumulative net inflows now more than $13 billion, up from $2.6 billion in April, the report said.
Binance, Bitfinex, Coinbase, Crypto.com, HTX, Kraken, PayPal, Poloniex, Ripple, and Zodia Custody, among others, have all signed on.
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering. Details Of Ripple’s Agreement With Gemini In its IPO filing with the SEC, Gemini revealed that it entered into a credit agreement with Ripple in July. Under the agreement, the crypto exchange can make lending requests of no less than $5 million each, and up to an aggregate commitment amount of $75 million. Furthermore, the initial commitment of $75 million can be increased or decreased from time to time, subject to the attainment of certain metrics that both parties have agreed on. Related Reading: Ripple CTO Says Next Project Is ‘Production Ready’, What Is It? However, the aggregate commitment of the credit agreement between Gemini and Ripple cannot exceed $150 million, meaning that is the maximum credit that the crypto exchange can request from the crypto firm. Once Gemini exceeds the initial commitment of $75 million, then it will need to make lending requests in the form of Ripple’s RLUSD stablecoin, which the crypto firm has to consent to. Gemini revealed that all its lending requests under the Ripple credit agreement must be secured by collateral. It shall also bear an interest rate per annum of 6.50% or 8.50% and must be repaid in USD. Although some details were redacted, the crypto exchange indicated that it has also received some amount from Ripple under the agreement. With this, Ripple has become a major backer for Gemini’s IPO, which is expected to take place soon. Notably, the crypto exchange’s financials in the IPO show that it posted net losses over the quarters that span back to March 2023. In just the first half of this year alone, Gemini has recorded a net loss of $282 million. Details Of The Gemini IPO With Ripple’s backing, Gemini plans to offer shares of its Class A common stock, although it has yet to reveal how many shares will be available in the IPO. The crypto exchange has yet to provide details on how much these IPO shares are likely to sell for each. However, it revealed that it has applied to list these Class A common stock on the Nasdaq stock market under the symbol “GEMI.” Related Reading: Ripple CTO Says XRP Ledger Has Been Battle-Tested To Power World’s Financial System Furthermore, the lead underwriters for the Gemini IPO are Goldman Sachs and Citigroup, with support from other firms such as Morgan Stanley and Cantor. Gemini’s IPO plans follow the successful execution of crypto exchange Bullish’s IPO, in which the exchange raised $1.15 billion after selling its shares for $37 each. Gemini will be looking to record similar success, considering the massive crypto demand among traditional finance (TradFi) investors. Featured image from Getty Images, chart from Tradingview.com
An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.
U.S. stock index futures slipped and Japanese bond yields rose as risk aversion crept into markets.
The Blockchain Association and the Crypto Council for Innovation pushed back against recent claims by the banking industry.
Ethereum is currently showing resilience, trading steadily as Bitcoin continues to consolidate within a tight range. Despite the broader market’s cautious sentiment, the ETH price has held key support levels, drawing attention from traders eyeing its next big move. Interestingly, Ethereum has now filled its CME gap, a technical event often associated with stronger price …
Tim Kotzman and Ed Juline are using social media, AI and new event formats to close the information gap in bitcoin treasury strategy.
Federal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance. At the Wyoming Blockchain Symposium on Aug. 19, Bowman emphasized that regulators and banks must adopt a more proactive approach to the crypto industry. She pointed out that integrating these new innovative technologies would be crucial […]
The post Fed warns banks could become irrelevant if they ignore blockchain adoption now appeared first on CryptoSlate.
Rising Realized Price metrics show investors continue to accumulate despite pullback.
Rogoff's misjudgment highlights the unpredictable nature of cryptocurrency markets and the challenges in forecasting regulatory impacts.
The post Harvard economist says his $100 Bitcoin prediction was a wrong call appeared first on Crypto Briefing.
Goldman Sachs predicts the crypto stablecoin market could grow to be worth trillions of dollars in the near future. Stablecoins, digital currencies pegged to stable assets like the US dollar, are gaining popularity for their use in trading and payments. This growth reflects increasing trust and adoption in the crypto world. As stablecoins become a …
On August 20, 2008, Satoshi Nakamoto emailed Adam Back, referencing his Hashcash paper and sharing an idea that would birth Bitcoin, the first decentralized digital currency. This simple email marked the beginning of blockchain technology, revolutionizing how we think about money, security, and trust. From this historic moment grew a new digital economy that continues …
Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act.
Strategy (formerly MicroStrategy) is once again making headlines – but not for great reasons. The company’s stock fell to its lowest level since April after Michael Saylor announced a policy change that gives the firm more room to issue shares and buy more Bitcoin. The moves are now sparking debate. Here are the details! Stock …
Your day-ahead look for Aug. 20, 2025
XRP is back in the spotlight as the SEC hits pause on multiple ETF applications, leaving Ripple’s token under growing pressure. However, Nate Geraci, President of The ETF Store, says an XRP ETF could win approval by October, marking the start of a new chapter for XRP and altcoin ETFs. XRP ETF To Approve By …
The U.S. SEC has been increasingly softening its stance on digital assets under the Trump administration. In a recent appearance, SEC Chair Paul Atkins hinted at a change in how crypto tokens are viewed, as the agency explores ways to modernize rules for the evolving digital asset market. Most Tokens Aren’t Securities, Says Atkins SEC …
The mood across Solana’s trenches has shifted from fair-launch ideals to raw volatility chasing, with a new entrant testing whether perpetual motion can keep traders hooked.
Dogecoin’s consolidation has not broken its higher-timeframe uptrend, according to crypto analyst Cantonese Cat (@cantonmeow), who in an August 19 livestream argued that DOGE continues to respect key support structures despite choppy day-to-day price action. “A lot of people are very very bitter about Doge, of course,” he said, because the meme-coin “has been [forming] higher highs and higher lows.” In his view, the technical context remains constructive: “This is a bull trend until proven otherwise.” Dogecoin Defies The Bears Cantonese Cat anchored his call in multi-timeframe signals rather than short-term oscillations. On the weekly and monthly charts, he said Dogecoin has been holding the 20-week and 20-month moving averages, a combination he characterizes as consistent with an intact primary uptrend. “I don’t operate on the daily basis… I operate on a much higher time frame,” he explained, stressing that the broader structure outweighs near-term volatility. Related Reading: 500% Parabolic Dogecoin Run Could Be Closer Than You Think: Analyst On the daily chart, he acknowledged weakness relative to shorter moving averages and cloud resistance, noting that DOGE is “consol[i]dating sideways” and has “broken down underneath the 20-day.” He framed that as a routine reset within trend rather than a breakdown, pointing to Ichimoku dynamics: after being “rejected up here by the Ichimoku cloud a few weeks ago,” price is “trying to hold the tenkan/kijun back-testing area [to] find some energy here to break back above.” As part of that attempt to rebuild momentum, he said, Dogecoin “just had a double bottom over here,” a pattern he reads as evidence of demand at support. Via X, he added: “DOGE weekly: Endless back-test of the Ichimoku Tenkan, but forming higher low here after its recent double bottom formation.” Responding to concerns that rangebound price action implies exhaustion, he emphasized “timeframe bias”—that traders overweight recent chop and underweight the series of higher lows that has defined DOGE’s structure since its cycle base. While he conceded that “it’s always possible” for supports to fail, he found no decisive evidence on higher timeframes that Dogecoin’s bull phase has ended. Instead, he cast the current tape as a pause beneath overhead resistance, with the cloud, the 20-day average, and prior rejection zones acting as the near-term hurdles to clear for continuation. Related Reading: Dogecoin Under Fire as Qubic Targets DOGE After Monero Attack: Can Bulls Prevent a Freefall? Crucially, he situated his DOGE view within broader market-cap structures—what many traders track as TOTAL and its variants. On OTHERS (crypto market cap excluding Top 10), he observed that the composite “just broke about the 0.5 here and… couldn’t break through 0.618,” describing a market that is still consolidating within a Fibonacci-defined range. More pointedly, he highlighted TOTAL3—the total crypto market cap excluding Bitcoin and Ethereum—as a constructive backdrop for altcoins: “Total three actually looks pretty decent here. If you look at the… chart, like this looks like a beautiful cup and handle… [it has] broken about the 0.86 [and is] getting ready for some all-time high stuff here.” On that basis, he rejected the idea that a cyclical top is already in for altcoins: “I cannot be bearish on the entire cryptocurrency market… I just cannot when Ethereum just had [its] breakout above the 0.86.” That macro-alt setup, he argued, helps explain why DOGE’s higher-timeframe supports continue to attract buyers even as intraday moves turn noisy. The upshot is a patience-trade: DOGE’s 20-week and 20-month moving averages remain his “primary line of defense” for the uptrend; the daily chart remains the battleground where cloud resistance and tenkan/kijun retests will determine when momentum can re-assert itself. Until those higher-timeframe anchors give way, Cantonese Cat’s verdict on Dogecoin is unchanged: “It is still a bullish chart until proven otherwise.” At press time, DOGE traded at $0.21466. Featured image created with DALL.E, chart from TradingView.com
Hughes will take on the role of global head of government relations at OKX, having previously held leadership roles at Kraken and Coinbase.
The XRP community on Reddit is buzzing with excitement after a post by Pitiful-Estimate-949 highlighted just how fast Canadian spot XRP ETFs are growing. While many in the crypto space are still focused on Bitcoin and Ethereum ETFs, XRP quietly scored a big win north of the border. In just two months since launch, Canada’s …
Ethereum is getting a lot of attention from big companies. A recent Reddit discussion highlighted how Fundamental Global Inc., a Nasdaq-listed firm, plans to raise five billion US dollars and use most of it to buy Ethereum. The company wants to hold ETH for the long term, stake it, and use it in DeFi to …
K33 says Ethereum’s summer outperformance is fueled by a supply squeeze while bitcoin’s derivatives turned defensive after a hotter PPI.
A fresh wave of buying pushed Cardano up the ranks this week, moving ADA into the eighth spot among major cryptocurrencies and nudging Dogecoin and TRON down. Related Reading: Analyst Says Shiba Inu’s $0.000010 Support Could Trigger Major Bounce Reports show Cardano’s market cap climbed to $33 billion, edging out TRON at close to $33 billion and Dogecoin at $32 billion. ADA was trading at $0.9225, rising 0.35% on the day and posting a 16% gain over the last week when this report was made. Cardano Climbs Past Dogecoin And TRON The shift came amid a broader bout of volatility across the crypto market. Based on reports, global market cap briefly peaked at $4.17 trillion on August 14, when Bitcoin surged to an intraday high of $124,388. MARKET: Cardano $ADA has flipped DOGE and TRON in market cap, currently it’s the #8 largest cryptocurrency in the world. Road to #3. ???? pic.twitter.com/5FgelJypIR — Cardanians (CRDN) (@Cardanians_io) August 19, 2025 That strength did not last long; the market corrected and by press time total capitalization sat around $3.88 trillion while Bitcoin traded near $115,259, down 5.5% from the top. Those swings helped rearrange the top 10 as investors chased short-term moves. Community Reaction And Price Moves Cardano touched the $1 mark again on August 14 and the social channels lit up. Founder Charles Hoskinson posted a lighthearted GIF to mark the moment, and traders flagged the recovery as a sign that buyers were back in force for at least part of the rally. The renewed attention came after long stretches where development milestones didn’t always translate to price action, and the August jump showed how quickly sentiment can change. Analysts Point To Higher Targets Several analysts shared bullish forecasts as ADA rose. Javon Marks said ADA had not yet hit its “minimum target,” setting a near-term goal of $1.20 and a longer-term level of $2.91 — a move that would equal roughly a 210% rise from the price quoted above. Other market voices noted a golden cross on ADA’s daily chart and argued that technicals support further gains. Some analysts even floated the idea that ADA could move toward $3 if momentum remains. Related Reading: Bitcoin Poised For 10x Surge? Analyst Points To Gold’s Playbook Short-Term Forecasts And Technicals According to current Cardano price predictions cited in reports, ADA could increase by 27% and reach $1.195464 by September 18, 2025. Market sentiment is listed as Bullish and the Fear & Greed Index read 56 (Greed). Over the past 30 days Cardano recorded 17/30 green days (57%) and showed 8.57% volatility. Those figures suggest steady positive sessions mixed with meaningful swings — a pattern that can reward active traders but also brings risk. Featured image from Unsplash, chart from TradingView