Corporate Ether buying accelerates as BitMine and SharpLink raise cash, with ETH nearing record highs and institutions targeting a larger share of supply.
The ongoing conflict between President Trump and Jerome Powell has taken a sharp turn, as Trump is now threatening legal action against the Fed Chair. Trump Blasts Powell Over Fed Building Costs In a latest post on Truth Social, Trump expressed his frustration with how Powell handled repairs on construction relating to Federal Reserve buildings …
Etoro, which went public in the U.S. in May, saw its adjusted, non-GAAP net income rise to $54.2 million in Q2 2025.
Despite Coinbase CEO Brian Armstrong claiming the exchange's commercial is being censored, it's aired on Channel 4 YouTube videos.
The second-largest cryptocurrency is up approximately 40% since the start of the year, trading hands above $4,500.
The XRP price action is unfolding in line with a textbook Elliott ABC Wave pattern, signaling the potential for its next upward move. According to crypto analyst Dark Defender, the chart structure remains intact and could set the stage for a major rally if the current corrective phase completes as projected. ABC Wave Pattern To Drive XRP To New Highs In Dark Defender’s latest XRP price analysis, the crypto expert outlined a clear Elliott Wave ABC structure on a 4-hour chart, suggesting a potential price surge to new highs if the formation completes. The setup began forming in July 2025 after XRP reached $3.66, marking the starting point for the corrective pattern on the “Dark’s Side” chart. From there, the price began retracing toward the anticipated $2.85 level, successfully establishing Wave A in line with the forecast. Related Reading: Analyst Outlines How Production Cost Determines XRP Price, But Is It Better Than Bitcoin? By early August, XRP rebounded, climbing to $3.33 to form the B Wave top. As a result, Dark Defender’s chart structure remains intact, with the cryptocurrency now positioned in the Wave C phase. The analyst’s projection anticipates a price decline completing this corrective leg before XRP can initiate the next significant upward move. Dark Defender’s chart also highlights critical price interaction points, including exact hits at $3.333 and $3.364 before a rebound. In addition, XRP’s Relative Strength Index (RSI) movements align closely with the wave progression, showing dips at key reversal points and its current momentum staying within the expected zone. According to this wave framework, the next phase hinges on whether XRP can maintain its structure through the end of the corrective cycle. If it does, Dark Defender suggests that the technical setup could open the path for significant upward momentum, potentially positioning the cryptocurrency for its next bullish leg. The trajectory of the green arrow in the chart indicates a possible price rally above $3.8. With XRP trading at $3.14 as of writing, this would represent a significant price increase of over 21%. XRP Price Eyes $5.8 Breakout After Bounce In a follow-up post, Dark Defender noted that XRP bounced precisely from the $3.333 level before resuming its upward movement. This bounce occurred after the Elliott Wave corrective structure pushed prices down from recent highs. Related Reading: XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed Next At the time of the analysis, XRP was trading near $3.06, positioned within a consolidation range that could extend toward the $3.05 area if $3.33 remains a barrier. As mentioned earlier, XRP’s price chart shows an ABC corrective wave in play, with the cryptocurrency now in the middle of the ‘B’ leg’s development. If the $3.33 resistance is decisively cleared, the analyst projects a rapid acceleration toward higher short-term targets at $4.39 and $5.85. At current market prices, this would represent a significant surge of roughly 39.8% and 86.3%, respectively. Dark Defender also notes that support remains firm at $3.05 and $3.00, marking key levels where buyers are expected to step in should prices retrace. Featured image from Getty Images, chart from Tradingview.com
Discover the institutional potential of restaking and the path to broader integration.
Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.
Cointelegraph presents “The Fight for Ethereum’s Soul,” a documentary on the future of the smart contract blockchain protocol.
The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Cointelegraph.
This guide shows how to turn ChatGPT into your warning system for altcoin pumps, using smart prompts, trend tracking and risk filters to stay ahead of the curve.
Hex Trust has integrated Tezos-based Etherlink to offer institutional custody for xU3O8, a tokenized uranium asset listed on multiple exchanges.
USDC stablecoin issuer Circle has announced plans to launch Arc, its own enterprise-focused Layer 1 blockchain, according to an Aug. 12 statement. According to the firm: “Arc aims to establish itself as foundational infrastructure for regulated money movement, supporting a globally distributed financial system.” Circle said Arc will integrate fully with its existing platform while […]
The post Circle to launch L1 blockchain called Arc sparking concerns over centralization and governance appeared first on CryptoSlate.
The LDO price is advancing higher in August and has increased by over 70% this past week. Currently, it trades near $1.53, and it has a strong, growing bullish bias. Backed by positive on-chain developments, chart patterns, and improving fundamentals, the Lido DAO’s outlook appears very promising. Also, the exploding Ethereum price today further reinforces …
Grayscale has introduced two single-asset investment trusts, giving investors direct access to the DEEP and WAL tokens. DEEP powers DeepBook, a decentralized order book for high-speed, efficient trading, while WAL drives Walrus, a secure, scalable on-chain data storage solution. Both protocols are part of the Sui blockchain, known for its low fees, fast transactions, and …
Bitcoin is once again at the center of market attention, trading at critical price levels after a 9% surge since the start of August pushed it to just below its $123,000 all-time high. The rally has reignited the bull-vs-bear debate, with analysts split on where BTC heads next. Some believe the momentum will be enough to break through resistance and set fresh record highs, while others warn of a looming deeper correction if buying pressure falters. Related Reading: Ethereum Bullish Fundamentals Clash With Short-Term Leverage Risks Adding to the intrigue, key data from CryptoQuant shows that despite Bitcoin’s climb to this milestone, the Realized Profit and Loss (P&L) Ratio remains close to its historical average. This metric, which measures the magnitude of gains or losses realized by market participants, suggests the current uptrend is not yet in the overheated territory that often precedes sharp reversals. For bulls, this could indicate room for further upside without excessive risk of a rapid downturn. For bears, it’s a reminder that Bitcoin’s long-term trend remains intact but vulnerable to sudden shifts in sentiment. With volatility still defining the crypto landscape, the next moves around this level could shape Bitcoin’s trajectory for the rest of the year. Bitcoin Faces Pivotal Test As ATH Breakout or Rejection Looms According to top analyst Axel Adler, Bitcoin’s current market structure presents a much lower risk of a sharp trend reversal compared to previous peaks in the Realized Profit and Loss (P&L) Ratio. In past cycles, this metric often spiked to overheated levels before major pullbacks, signaling that market participants were taking excessive profits all at once. Today, however, the P&L Ratio remains closer to its average range, indicating a more balanced market environment despite Bitcoin trading just below its $123,000 all-time high. This suggests that while volatility remains a constant in the crypto space, the immediate probability of a dramatic downturn is lower than in past overheated phases. Still, Adler emphasizes that Bitcoin is entering a critical price range where market direction will be decided. Breaking above the all-time high is essential for the uptrend to continue, as such a move would likely trigger a new wave of momentum buying and potentially set the stage for fresh record highs. On the other hand, failing to clear this level—especially after multiple attempts—could result in a sharp correction or an extended period of sideways consolidation, testing investor patience. Other analysts highlight the contrast between Bitcoin’s strong long-term fundamentals and the current market indecision. On-chain data points to healthy accumulation trends, steady network activity, and relatively contained leverage in derivatives markets—all signs of underlying strength. Yet, uncertainty over macroeconomic conditions, regulatory developments, and short-term profit-taking continues to weigh on sentiment. Related Reading: Bitcoin Open Interest Flips Negative After July Peak – Risk Appetite Cools BTC Price Analysis: Testing Critical Resistance Bitcoin’s price action shows a decisive rally since early August, climbing nearly 9% and approaching the all-time high at $123,217.39. On the 8-hour chart, BTC faced strong rejection near this resistance, pulling back to the $118,500 area. The recent move marks the second approach toward this level in the past three months, highlighting its importance as a critical breakout point. The chart also reveals that BTC remains above its key moving averages — the 50 SMA ($116,605), 100 SMA ($117,340), and 200 SMA ($112,019) — reinforcing the underlying bullish structure. The 50 SMA has recently crossed above the 100 SMA, a short-term bullish signal suggesting continued upward momentum if buyers can sustain pressure. Related Reading: Altseason Still On Hold – Metrics Reveal BTC Outpaces Large, Mid, Small Caps However, the failure to break above the $123K level could lead to renewed selling pressure, with potential retracements toward the 100 SMA or even the 200 SMA if momentum fades. A confirmed breakout above $123K would likely trigger a new wave of buying, pushing BTC into price discovery and setting fresh record highs. Featured image from Dall-E, chart from TradingView
BlackRock’s iShares Bitcoin Trust ETF leads with $57.4 billion in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund with $12.1 billion.
The White House's crypto group will apparently be led again by an ex-college football star-turned-politician, though this one has some deeper DC roots.
Crypto.com and VivoPower have announced a strategic partnership where Crypto.com will provide custodial services to support VivoPower’s expanding digital asset treasury and mining operations. Through this collaboration, VivoPower’s shares will be accessible for trading on platform, reaching its 150 million users. Shareholders will also benefit from enhanced liquidity in XRP and other digital assets, alongside …
Arthur Hayes' involvement with Upexi could significantly enhance its strategic influence and investment potential within the Solana ecosystem.
The post Arthur Hayes joins Solana treasury company Upexi as first member of new advisory committee appeared first on Crypto Briefing.
Qubic claims it has achieved 51% control of Monero’s hashrate, prompting debate over whether the resulting six-block reorganization was a successful attack.
Ethereum (ETH) was also a top performer, rising 2.1% from Monday.
Bitcoin rose 0.5% to $119,000 and Ethereum gained more than 5% to $4,400 after July U.S. CPI showed a 0.2% month-over-month increase and a 2.7% annual rate, with core CPI up 0.3% on the month and 3.1% on the year. The release at 1:30 P.M. Eastern reflected a mixed profile. Headline CPI decelerated on the […]
The post US core inflation jumps to 5 month high as Ethereum hits $4.4k appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BitMine, a major Ethereum treasury company, has updated its prospectus to increase the size of its Common Stock offering to $24.5 billion. This total includes $2 billion from the current prospectus, $2.5 billion from a previous supplement, and an additional $20 billion from the latest filing. The capital raise is aimed at aggressively expanding BitMine’s ETH holdings, further securing …
XRP prices have multiplied at least 10x in previous bull cycles, fueling hopes for a similar big breakout toward $30 by mid-2026.
The crypto market is not just about Bitcoin or Ethereum anymore; it’s about the companies building, holding, and integrating these assets into the economy. A new White House order telling regulators to make it easier for 401(k) plans to include cryptocurrencies or privately held companies has pushed crypto company stocks higher. In 2025, some of …
Raoul Pal, a macro investor, former Goldman Sachs strategist, and founder of Real Vision, has revealed that he has been holding XRP for over four years after he referred to the digital asset as part of what he once described as a “moron trade.” The label, not meant as an insult, was a way to tell a specific retail trading behavior in early crypto market cycles. Soon after, he disclosed that he bought XRP in 2021 when it was trading at $0.60. Raoul Pal Clears XRP “Moron Trade” Comment In a recent interview, Pal outlined his views on how retail investors enter the crypto market and how the nominal price of a token can influence their buying decisions. He breaks the space into three risk categories: large, established layer-1 tokens he called “idiot-proof,” a more challenging middle tier of DeFi tokens, and a straightforward momentum play he described as the “moron trade.” Pal stressed that the phrase was not an attack on holders but a description of what happens when newcomers avoid higher-priced coins and buy cheaper ones without deeper analysis. Related Reading: Here’s What Is Going On In The Shiba Inu Community Amid Major Electoral Process Following the comment, Pal quickly clarified his position on XRP. He revealed that he had held the asset since June 28, 2021. The price was just below the market price, which hovered around $0.64. Sharing the exact date and entry point reflects his commitment to transparency, as he highlights that investors can keep their market views separate from how they invest. Four Years Of Holding XRP And A Strong Payoff Holding XRP for a multi-year span has become a highly profitable move for Pal. At the time of writing, XRP trades at around $3.15, representing an approximate 5.5x gain from its $0.60 entry. The price appreciation is driven by improved regulatory clarity, growing whale accumulation, and bullish technical patterns, with metrics such as rising open interest in XRP futures and positive on-chain indicators like MVRV golden crosses reinforcing the rally. Related Reading: Man Who Threw Away $1 Billion In Bitcoin Debunks Rumors, Here’s The Progress Pal’s decision to hold through four years of market ups and downs, including a long stretch of legal uncertainty with the U.S. Securities and Exchange Commission, points to a conviction level beyond short-term speculation. The significance of his position extends beyond profits to the message it conveys to the crypto market. By staying invested during volatile cycles, Pal has shown that XRP can be seen as a viable long-term asset when bought at what later proves to be an opportunistic price. His early entry came well before XRP’s major rally phases, making it a textbook example of patient capital allocation. To the XRP community, Pal’s disclosure feels like validation. It shows that discipline and vision can pay off in a fast-moving market while also strengthening XRP’s case as a strategic investment now standing on firmer ground as the bullish trend continues. Featured image from Real Vision, chart from TradingView.com
The partnership could significantly enhance privacy in global finance, aligning with evolving regulatory standards and expanding blockchain adoption.
The post Aleo Network Foundation partners with fintech giant Revolut to list ALEO token appeared first on Crypto Briefing.
Grayscale is offering accredited investors direct exposure to DEEP and WAL, the native tokens of Sui’s DeepBook and Walrus protocols