The price is more than quadruple the June IPO price of $31 when the company debuted on the New York Stock Exchange.
The crypto market could be entering one of its most exciting moments yet, a true altcoin season. After moving sideways for months, altcoins have jumped over 50% in value since early July. According to Coinbase analysis says big investors are buying Ethereum (ETH), which is helping altcoins rise. This trend could see massive boost in …
A cybersecurity expert warns that quantum computing could silently break Bitcoin, stockpiling encrypted data today to crack it in the future.
Dogecoin price has taken a sharp hit over the past 24 hours, sliding 5.82% to $0.2307. The memecoin now carries a $34.73 billion market cap, with trading activity surging 10.72% to $4.86 billion. DOGE price fluctuated between $0.2181 and $0.2451 in the last day, reflecting heightened volatility as market sentiment weakened. This decline comes amid …
The Ethereum price has struggled to keep up with the rapid acceleration of Bitcoin over the years, failing to put in a new all-time high despite Bitcoin crossing $120,000. However, with a turn toward altcoins, Ethereum has quickly become the center of attention, especially after ETH crossed the $4,000 level. Now, as interest balloons, expectations for how high the Ethereum price could go have expanded, with many expecting 5-figures soon. Why Ethereum Price Is Headed For $15,00 In an X (formerly Twitter) post, popular crypto analyst Rekt Fencer predicted that the Ethereum price was “programmed” to reach the $15,000 mark. As for why he believes that the altcoin would climb this high, he highlights five major developments that will be the defining trigger for the Ethereum price to reach $15,000. Related Reading: Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible The first thing on the list is the fact that ETH buying has been ramping up among institutions lately. For example, Ethereum treasury companies have sprung up in the last year, with the likes of Bitmine and SharpLink leading the charge. With ETH quickly becoming the cryptocurrency of choice for these large investors, over $10 billion worth of ETH has been bought by these companies in less than three years. Next on the list is the fact that US President Donald Trump is a major Ethereum holder. The president, who is hailed as the first pro-crypto president of the United States, currently holds over $500 million worth of ETH. This means that the majority of the president’s crypto wealth is actually in Ethereum. Another major factor driving up the value of the Ethereum price is the heightened interest in Spot Ethereum ETFs. As buying of Spot Ethereum ETFs has ramped up, so have their total holdings. According to data from the CoinMarketCap website, Spot ETH ETF issuers now control a whopping $19 billion in AUM, which translates to 3.76% of the total Ethereum market cap. Related Reading: Brace For Impact: Bitcoin Price Could Crash To $110,000 Amid Signs Of Exhaustion Fourth on the list is the proliferation of pro-crypto laws such as the GENIUS Act that was passed this month. This has made it easier for institutional investors to move into Ethereum and driven up buying during this time. Then the fifth point is the fact that staking for Spot Ethereum ETFs is coming. While this is yet to be approved, there have been multiple filings by Spot Ethereum ETFs to allow ETH staking for the funds. This means that if this is approved, then these funds would end up locking a large number of their ETH holdings in order to enjoy yield from staking. Featured image from Dall.E, chart from TradingView.com
US spot Ethereum exchange-traded funds (ETFs) extended their winning streak on Aug. 14, recording $639.6 million in net inflows. Data from SoSo Value shows that BlackRock’s ETHA led the surge with $519.7 million in inflows. It was followed by Grayscale Ethereum Mini Trust, which saw $60.7 million in inflows, Fidelity’s FETH attracted $56.9 million, and […]
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Sequans Communications has accelerated the build-out of its newly launched Bitcoin treasury, acquiring more than 3,000 BTC in less than a month as part of a plan to hold 100,000 BTC by 2030. The Paris-based, government-backed Internet of Things semiconductor company began executing the strategy in July, following a $384 million capital raise announced in […]
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A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.
After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months. Related Reading: Ethereum Eyes ‘Final Boss’ Level, But Analyst Says Weekly Close Is Key For Price Discovery Run Cardano Holds Crucial Support Despite Pullback On Thursday, Cardano experienced an 11% drop after surpassing the $1.00 barrier for the first time since March. ADA’s retracement was fueled by the crypto market’s pullback, which saw massive liquidations throughout the day. According to CoinGlass data, the crypto market saw over $1.05 billion in liquidations over the last 24 hours, driven by higher-than-expected macroeconomic signals. Notably, the PPI number revealed an annual headline inflation of 3.3%, way higher than the 2.5% forecast. Additionally, the US Treasury Secretary Scott Bessent revealed that the US government will not be purchasing additional Bitcoin for its Strategic Bitcoin Reserve (SBR), established by President Trump in March 2025. Instead, the US will stop selling its BTC holdings and continue to build up the reserve’s stash through confiscated assets. As a result, Bitcoin, which hit a new all-time high (ATH) of $124,128 on Wednesday night, retraced to the $117,000-$118,000 support zone, while the rest of the market turned red. Nonetheless, Cardano has gone against the current, becoming the only cryptocurrency in the top 50 list to remain in green despite the broader market pullback, with a 3.5% increase in the daily timeframe. In the last 24 hours, ADA has broken out of its local range, hitting a five-month high of $1.02 on Thursday morning. Amid the market drop, ADA held above its breakout level, hovering between the $0.89-$0.91 range over the past few hours, and it’s attempting to break out of its current levels. ADA To Repeat Last Cycle’s Playbook? Analyst Ali Martinez noted that ADA has been trading within a descending channel since the Q4 2024 rally, which saw the cryptocurrency hit its multi-year high of $1.32 in December. During this period, Cardano has attempted to break out of the descending resistance twice, finally passing this barrier after surging above the $0.84 mark. To the analyst, a confirmed breakout from this level targets a 70% run to $1.50. Previously, Martinez suggested that ADA is showing the same price structure as the last cycle, but it’s more gradual. Other analysts have also noted that the altcoin appears to be repeating its 2020-2021 playbook. Crypto Yhodda highlighted that after hitting its 2018 high, Cardano saw an ABC corrective wave before consolidating within an ascending broadening wedge formation for two years. The cryptocurrency consolidated near the range-high after rejection from the pattern’s resistance in 2020, and before breaking out to its 2021 ATH of $3.09. This cycle, the altcoin has repeated the same movements, accumulating within the same pattern since 2022. Since being rejected from the ascending resistance in late 2024, ADA has been trading between the mid and high zones of this pattern. Related Reading: SUI Set Up For Another Leg? Analyst Forecasts $10 Target For Potential Breakout To the analyst, Cardano is ready to climb again to the formation’s resistance, around the $1.80 area, and break out to new highs. As of this writing, ADA is trading at $0.90, a 20% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
New York may soon make history again in the crypto world, but this time, it’s not about regulation, it’s about taxes. A new bill from State Assemblymember Phil Steck proposes a 0.2% tax on all cryptocurrency transactions, including Bitcoin, Ethereum, and NFTs. While it sounds tiny, the move could have a big impact on both …
The crypto market today has faced the brunt of macroeconomic conditions. This has led to major assets dropping on their charts. The largest altcoin, Ethereum, is at $4,632.79, down 2.23% in 24 hours but still up 18.65% over the past week. This pullback follows ETH’s sharp weekly rally, making it vulnerable to profit-taking. Successively, derivatives …
Wells Fargo's increased investment in Bitcoin ETFs signals growing institutional confidence in cryptocurrency as a mainstream asset class.
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The regulator is setting minimum custody standards for licensed virtual asset trading platforms, citing rising overseas security incidents.
New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.
The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it may be ineffective.
While some Ether holders expect new all-time highs within the next few days, a Nansen analyst believes it may still be weeks to months away.
TRON (TRX) has maintained upward momentum alongside broader cryptocurrency market gains over recent weeks. The token recorded a nearly 6% rise in the past week, briefly reaching $0.369 before easing to $0.3589 at the time of writing. While price action remains within a tight range, network fundamentals suggest continued high usage, particularly driven by stablecoin transfers. Related Reading: TRON Trading Volume Tops $1B: Could $1 Be the Next Milestone? TRON Stablecoin Demand and Market Liquidity Data from the on-chain analytics platform CryptoQuant highlights that TRON has now processed more than 11.1 billion transactions in its lifetime, reflecting sustained growth since the start of the year. In 2024, the network closed with about 9.3 billion total transactions, meaning roughly 1.8 billion have been added so far in 2025. Current activity averages between 7–9 million transactions daily, with peaks near 10 million, well above the levels recorded in early 2024. Much of this activity is attributed to USDT/TRC-20 transfers, favored for their low fees and rapid confirmation times, positioning TRON as a widely used infrastructure for payments and fund transfers between wallets and exchanges. According to CryptoQuant contributor Arab Chain, the growth in TRON’s transaction volume is more than just a technical statistic; it directly influences market liquidity. “The current momentum in transaction volumes enhances liquidity and facilitates the movement of funds into derivatives trading, supporting bullish scenarios when sentiment is positive,” the analyst noted. From early May to mid-August, the network processed approximately 860 million transactions, highlighting a consistent flow of capital across TRON’s ecosystem. This steady throughput has created conditions for efficient capital rotation between spot and derivatives markets, particularly on larger exchanges. The ability to handle high activity without significant fee increases also indicates broad and organic demand, rather than short-lived speculative surges. TRON’s role as a major settlement layer for stablecoin transfers means it continues to act as a backbone for exchange and cross-border activity in the crypto market. Technical Indicators and Potential Price Scenarios Complementing the on-chain data, CryptoQuant analyst BorisVest pointed to TRON’s recent price behavior relative to technical patterns. At its current price of around $0.36, TRX has moved above the upper Bollinger Band, suggesting a phase of stronger momentum. While this could indicate the potential for further gains if buying pressure persists, the analyst cautioned that overextension often raises the risk of near-term pullbacks. If market momentum stalls, a retracement could present entry opportunities for long-term positions. On the other hand, if transaction activity and USDT flows remain strong while market sentiment holds, TRX could sustain its current trend. Related Reading: TRON Sees Over 8 Million USDT Transactions in One Week, What’s Fueling This? Historical data from other large-cap tokens suggests that a combination of high network utility, stablecoin integration, and sustained liquidity often supports prolonged uptrends, though the balance between retail activity and large-holder behavior will remain a determining factor. As TRON continues to process millions of transactions daily and maintain deep integration with stablecoin flows, its role in crypto market infrastructure appears secure. However, price performance in the short term will likely depend on how this usage aligns with broader market sentiment and technical support levels. Featured image created with DALL-E, Chart from TradingView
Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.
Coinbase expects falling bitcoin dominance, improving liquidity and renewed investor appetite to shift gains toward altcoins starting in September.
The stablecoin and tokenization sectors are experiencing a significant resurgence, fueled by pro-crypto regulations introduced by the Trump administration. As a result, experts believe that decentralized oracle network, Chainlink (LINK), is poised to reap substantial benefits from these progressive developments. Is Chainlink Crypto’s Overlooked Gem? Market expert Miles Deutscher recently highlighted that LINK may be the most promising large-cap investment opportunity this cycle, despite the possibility that many investors could overlook it. Related Reading: Dogecoin Shorts In Trouble? This Retest Could Ignite Multi-Level Rally In a social media post on X (formerly Twitter), the expert asserted that Chainlink is uniquely positioned to benefit from the “institutionalization of cryptocurrency” and the explosive growth of stablecoins, tokenization, and real-world assets (RWAs). Notably, the total value locked (TVL) in RWAs has surged thirteenfold in just two years, climbing from approximately $1 billion to over $13 billion as institutions increasingly recognize the limitations of the traditional SWIFT payment system. In response, major financial players like asset manager and crypto exchange-traded fund (ETF) issuer, BlackRock, are advocating for tokenization, while companies such as Stripe and Circle (CRCL) are now exploring the development of their own blockchain solutions. In this environment, Chainlink serves as a crucial “universal translator.” According to Deutscher, each tokenized stock, bond, or piece of real estate requires an oracle to accurately reflect its value on-chain, and Chainlink dominates this space, controlling 84% of the oracle market. The Feedback Loop Driving LINK’s Success The Chainlink network generates revenue through two primary channels: on-chain fees for services used across various blockchain networks, and partnerships with large corporations that pay for Chainlink’s solutions. This revenue model supports its operations and facilitates buybacks of LINK tokens, further enhancing the network’s sustainability. Related Reading: XRP Price At $36: 7-Year Bottom Breakout Could Trigger Repeat Of 2014-2017 Moreover, Chainlink’s protocol automatically converts all revenues—whether in Ethereum (ETH) or Circle’s USDC stablecoin—from corporate partnerships into LINK tokens on the open market, depositing them into a strategic treasury. This mechanism not only strengthens the network’s financial foundation but also creates a persistent supply sink as users stake LINK to secure the network, earning a sustainable yield of approximately 4.32%. Deutscher emphasizes that this dynamic creates a powerful feedback loop: increased adoption leads to higher revenues, which in turn results in more LINK purchased and locked, enhancing network security and utility. In his analysis, Deutscher also drew comparisons between LINK and XRP, arguing that LINK has gained more traction within institutional circles than XRP, making it a more logical investment given its current valuation. For context, the total value secured by Chainlink stands at an impressive $84.65 billion, dwarfing XRP’s decentralized finance (DeFi) total value locked of approximately $85 million. Despite this disparity, XRP’s market cap is roughly twelve times larger than LINK’s, which Deutscher believes highlights LINK’s potential value at current levels. From a pricing perspective, Chainlink has recently broken above the $20 weekly resistance level, currently trading at $22.This is likened to Ethereum’s pivotal $4,000 level, indicating a potential upward trajectory for LINK in the coming months. Featured image from DALL-E, chart from TradingView.com
Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.
Ether traders took the biggest hit, with $348.9 million liquidated, followed by Bitcoin at $177.1 million. Solana, XRP, and Dogecoin saw $64.2 million, $58.8 million, and $35.8 million in liquidations, respectively.
Cryptocurrency exchange OKX permanently burned 278,999,999 OKB tokens — worth more than $26 billion at current spot market prices — onchain data shows.
Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD, have merged to establish a new Bitcoin treasury company.
Hong Kong's new custody standards could enhance global trust in its digital asset sector, potentially attracting more international investors.
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Despite the drop, late-session buying hints at renewed accumulation from large holders as selling pressure eased.
Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone. SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $198 resistance zone. Solana Price Aims For Fresh Increase Solana price started a decent increase after it found support near the $185 zone, like Bitcoin and Ethereum. SOL climbed above the $192 level to enter a short-term positive zone. The price even smashed the $200 resistance. The bulls were able to push the price above the $202 barrier. A high was formed at $210 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $174 swing low to the $210 high. There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL/USD pair. However, the bulls were active near the $188 level and the 61.8% Fib retracement level of the upward move from the $174 swing low to the $210 high. Solana is now trading above $190 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $198 level. The next major resistance is near the $200 level. The main resistance could be $202. A successful close above the $202 resistance zone could set the pace for another steady increase. The next key resistance is $210. Any more gains might send the price toward the $220 level. Another Decline In SOL? If SOL fails to rise above the $200 resistance, it could start another decline. Initial support on the downside is near the $192 zone. The first major support is near the $188 level. A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 support, the price could decline toward the $175 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $192 and $188. Major Resistance Levels – $200 and $210.
On-chain data shows the Dogecoin whales have gone on a buying spree recently, a sign that could be bullish for the memecoin’s price. Dogecoin Whales Have Accumulated During The Past Week In a new post on X, analyst Ali Martinez has talked about the latest trend in the holdings of the Dogecoin whales. The metric shared by the analyst is the “Supply Distribution” from on-chain analytics firm Santiment, which tells us about the total amount of DOGE supply that a particular wallet group is holding right now. Related Reading: Bitcoin Realized Price Flips 200-WMA: What Happens Next? Addresses or investors are put into these cohorts based on the number of tokens that they are carrying in their balance. All wallets with 5 coins, for example, are placed into the 1 to 10 coins range. In the context of the current topic, the whales are the investors of interest. These entities are typically defined as holding between 100 million and 1 billion DOGE. At the current exchange rate, the former converts to $22.4 million and the latter to $224 million. Clearly, the only holders who would qualify for the group would be the big-money traders. As such, the holdings of these investors can be worth keeping an eye on, as if nothing else, shifts in the cohort can provide information about the sentiment among the network’s influential beings. Now, here is a chart that shows the the trend in the Dogecoin Supply Distribution for the whales over the last month and a half: As displayed in the above graph, the 100 million to 1 billion Dogecoin range has seen its Supply Distribution go through a rise recently, indicating that members of the group have been participating in net accumulation. In total, the whales have added 2 billion DOGE (worth $448 million) to their holdings over the past week. This is a notable amount and suggests that the large investors are expecting the cryptocurrency to go up from here. It only remains to be seen, however, whether this accumulation would pay off for them. Alongside the buying, the cohort has also ramped up transaction activity, as Martinez has pointed out in another X post. The indicator shown in the chart is the “Whale Transaction Count,” which measures the total number of transfers occurring on the Dogecoin blockchain that involve a sum greater than $1 million. Related Reading: Bitcoin Options Traders Don’t Expect Volatility: Contrarian Signal Brewing? From the graph, it’s apparent that the metric has just seen a huge spike, a sign that big-money holders are on the move. DOGE Price Dogecoin has suffered a blow of 8% during the past day that has brought its price to $0.22 Featured image from Dall-E, Santiment.net, chart from TradingView.com
A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle.
Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.