Bitcoin's price flash crashed on Sunday after a whale reportedly sold 24,000 BTC, reversing gains from Fed Chair Powell's dovish speech.
Analysts attributed the decline to significant whale movements switching out bitcoin for ether, and to market recalibration among traders.
Trump’s crypto adviser, David Bailey, doesn’t think there will be a Bitcoin bear market for several years, but analysts aren't so sure.
The Japanese bitcoin treasury firm disclosed Monday that it bought an additional 103 BTC for $11.7 million.
XRP price is showing positive signs above the $2.950 zone. The price is consolidating and might aim for a fresh move above $3.120. XRP price is consolidating above $2.920 and $2.950 levels. The price is now trading above $2.950 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $3.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it stays above the $2.950 zone. XRP Price Eyes Fresh Increase XRP price remained in a positive zone after it settled above the $2.850 zone, unlike Bitcoin and like Ethereum. The price was able to climb above the $2.920 and $3.00 resistance levels. However, the bears were active near $3.120. A high was formed at $3.1260 and the price is now consolidating gains below the 23.6% Fib retracement level of the recent upward move from the $2.781 swing low to the $3.126 high. The price is now trading above $2.920 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.065 level. The first major resistance is near the $3.120 level. There is also a rising channel forming with resistance at $3.120 on the hourly chart of the XRP/USD pair. A clear move above the $3.120 resistance might send the price toward the $3.150 resistance. Any more gains might send the price toward the $3.20 resistance. The next major hurdle for the bulls might be near $3.250. Another Decline? If XRP fails to clear the $3.120 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.990 level. The next major support is near the $2.950 level. If there is a downside break and a close below the $2.950 level, the price might continue to decline toward the $2.920 support and the 61.8% Fib retracement level of the recent upward move from the $2.781 swing low to the $3.126 high. The next major support sits near the $2.8620 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.990 and $2.920. Major Resistance Levels – $3.120 and $3.150.
The global cryptocurrency market cap slipped to $3.95 trillion, a decline of 0.89 percent in the past 24 hours. Investor sentiment has cooled back to neutral, with the Fear & Greed Index at 50. The CMC100 index also reflected the weakness, dropping 1.18 percent to $244.57. While the long-term outlook for digital assets remains bullish, …
Blockchains scaled—and then splintered. Liquidity scattered across L2s, bridges kept breaking, and “data availability” turned into the new bottleneck. Avail wants to solve all three at once. Founded to deliver verifiable, scalable data availability, the project now positions itself as a full-stack unification layer: a DA base, Nexus for proof-based interoperability, and Fusion for shared […]
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Bitcoin suddenly dropped over 2% in under 10 minutes on Sunday, with crypto investors on X pointing to the actions of one very large Bitcoin holder.
The bill stipulates that the reserve must not be sold or traded for any purpose except to retire government debt.
Ethereum price started a fresh increase above the $4,650 zone. ETH is now consolidating gains and might find bids near the $4,550 support. Ethereum started a fresh upward move and traded to a new all-time high. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,550 in the near term. Ethereum Price Regains Traction Ethereum price formed a base and extended its increase above the $4,550 level, unlike Bitcoin. ETH price gained momentum for a move above the $4,650 and $4,720 levels. The bulls even pushed the price to a new all-time high above $4,900. A high was formed at $4,956 and the price recently started a downside correction. There was a move below the 23.6% Fib retracement level of the upward move from the $4,207 swing low to the $4,956 high. Besides, there was a break below a rising channel with support at $4,750 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,550 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,820 level. The next key resistance is near the $4,850 level. The first major resistance is near the $4,920 level. A clear move above the $4,920 resistance might send the price toward the $4,950 resistance. An upside break above the $4,950 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $5,000 resistance zone or even $5,150 in the near term. Another Drop In ETH? If Ethereum fails to clear the $4,820 resistance, it could continue to move down. Initial support on the downside is near the $4,680 level. The first major support sits near the $4,580 zone and the 50% Fib retracement level of the upward move from the $4,207 swing low to the $4,956 high. A clear move below the $4,580 support might push the price toward the $4,550 support. Any more losses might send the price toward the $4,440 support level in the near term. The next key support sits at $4,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,580 Major Resistance Level – $4,820
SBI Group and Chainlink will offer a host of blockchain-based tools aimed at financial institutions, starting in Japan and then the Asia-Pacific under a new partnership.
Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,500 resistance zone. Bitcoin Price Dips Again Bitcoin price started a fresh decline after a close below the $114,500 level. BTC gained bearish momentum and traded below the $113,200 support zone. There was a move below the $112,000 support zone and the 100 hourly Simple moving average. The pair tested the $110,6500 zone. A low was formed at $110,692 and the price is now attempting to recover. It climbed above the 23.6% Fib retracement level of the recent decline from the $117,354 swing high to the $110,692 low. Bitcoin is now trading below $114,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $113,600 level. The first key resistance is near the $114,000 level. There is also a key bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair. The next resistance could be $114,800 or the 61.8% Fib retracement level of the recent decline from the $117,354 swing high to the $110,692 low. A close above the $114,800 resistance might send the price further higher. In the stated case, the price could rise and test the $115,500 resistance level. Any more gains might send the price toward the $115,500 level. The main target could be $116,500. Another Decline In BTC? If Bitcoin fails to rise above the $114,000 resistance zone, it could start a fresh decline. Immediate support is near the $112,500 level. The first major support is near the $112,200 level. The next support is now near the $111,500 zone. Any more losses might send the price toward the $110,650 support in the near term. The main support sits at $108,500, below which BTC might take a major hit. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $112,200, followed by $112,000. Major Resistance Levels – $113,500 and $114,000.
The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three other rivals.
The bill proposes terms for how the country's central bank could be tasked with buying Bitcoin and locking the holdings for two decades.
Capital is piling into ETFs and custodians while Solana takes retail traffic, but Bitcoin’s onchain demand remains stagnant, deepening concerns over whether miners can sustain the network without meaningful fees.
In this edition, I’m digging into why raising a crypto VC fund has gotten harder — even in a bull market — and what that means for the road ahead.
Durov may only leave France for Dubai, where Telegram is headquartered and Durov's family lives, for up to two weeks at a time.
The world’s number-one crypto is looking more like a mature asset class every day as Bitcoin volatility continues to drop (yes, even as it blasts past all-time highs and promptly retraces its steps). Bitcoin volatility has reached a five-year low Bitcoin has long been regarded as one of the most volatile financial assets; its turbulent […]
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Durov said French law enforcement officials are still "struggling" to find evidence of wrongdoing even one year on from his arrest in 2024.
AI is driving upheaval in gaming, warns Google Cloud exec Jack Buser—and while that may unlock innovation, not every studio will make it.
The inclusion of Metaplanet in these stock indices will funnel passive capital flows into the Bitcoin market, supporting BTC floor prices.
According to a poignantly on-point educational video by Bitcoin media company TFCT, which depicts a society in decline, leaving the gold standard was the “most costly mistake we ever made” and the beginning of generational ruin. The video, released to mark the anniversary of Nixon closing the gold window, depicts a grandfather on his porch […]
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Ether cleared $4,900 on Coinbase at 5:40 p.m. UTC on Sunday, entering price discovery; analysts are split between supply-shock upside and a Monday pullback.
The Dogecoin price has been somewhat inconsistent over the past few weeks, mirroring the indecisiveness of investors in the general cryptocurrency market. This instability was on display in the past week when the price of DOGE fell from $0.24 to as low as $0.21 on Friday, August 22. On Friday, the Dogecoin price briefly returned to above $0.24, triggered by Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. However, the latest price data shows that the meme coin might only be at the beginning of an extended rally over the next few weeks. DOGE Price Set For A Move To $0.3 – Analyst In an August 23 post on social media platform X, crypto analyst Ali Martinez put forward a bullish prediction for the price of Dogecoin in the coming weeks. The online pundit shared that the largest meme coin by market capitalization could be on the verge of a 30% move to the upside. Related Reading: Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000 This optimistic projection revolves around the formation of a symmetrical triangle pattern on the 4-hour timeframe of the Dogecoin price chart. The symmetrical triangle is a technical analysis pattern characterized by a diagonally falling upper trendline (connecting the swing highs) and a diagonally rising lower trendline (along the swing lows). The token’s price typically constricts and moves toward the apex in a symmetrical triangle pattern. In the end, the price either breaches the upper trendline for a breakout or the lower trendline forming a breakdown. Depending on the direction of the break (breakout or breakdown), the symmetrical triangle formation could be seen as a continuation or reversal pattern. It is worth mentioning that symmetrical triangles tend to be continuation break patterns, as the asset’s price usually breaks in the initial trend direction before falling into the triangle pattern. Going by this logic, Martinez suggested that the Dogecoin price is likely to continue its uptrend after breaking out of the current setup. If the price of DOGE plays out as projected, the crypto analyst expects the meme coin to move toward the $0.3 mark—representing a 30% move from the current price point. The price target is determined by adding the length of the widest point of the triangle (or base) to the breakout point. Nevertheless, investors have to wait for the close of at least two candlesticks above the triangle’s upper boundary to confirm a bullish breakout. Dogecoin Price At A Glance As of this writing, the price of DOGE stands at around $0.2366, reflecting an almost 1% decline in the past 24 hours. Related Reading: Bitcoin Holds Strong In ‘Wall Of Worry’, Path To $183,000 Remains Open – Analyst Featured image from iStock, chart from TradingView
Wormhole had extended a $120 million cash offer for Stargate, but Stargate's DAO declined to interrupt the ongoing LayerZero acquisition vote.
Ethereum is on the rise again, hopping above the $4,900 mark for the first time after smashing its four-year price record on Friday.
Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a move that many in crypto see as a possible spark for more gains. Historic September Pullbacks According to CoinGlass, history offers a cautionary note: there have been only three cases since 2016 where Ether rose in August and then slid in September. In 2017, Ether jumped 92% in August and then dropped 20% the following month. In 2020, August gains of 25% were followed by a 17% pullback in September. And in 2021, a 35% climb in August gave way to a 12% slip in September. CryptoGoos, a trader on X, summed it up bluntly: seasonality in September during post-halving years tends to be negative. $ETH seasonality in September during post-halving years is typically negative. Will this time be different? pic.twitter.com/h9hJ40V3np — CryptoGoos (@crypto_goos) August 22, 2025 That pattern does not mean a repeat is guaranteed. Reports have disclosed that both market structure and investor profiles are different now than in those earlier years. In 2016 and 2020, short-term losses in September were followed by multi-month recoveries, with Ether posting upside in the final three months of those years. So while history matters, it does not decide outcomes on its own. New Money, New Dynamics Flows into spot Ether ETFs this month have been large enough to grab attention. Based on reports from Farside, spot Ether ETFs saw roughly $2.70 billion net inflows in August, while spot Bitcoin ETFs experienced about $1.2 billion in net outflows over the same period. At the same time, companies that hold crypto on their balance sheets now control a sizable chunk of Ether. Reports show total Ether held by treasury companies topped $13 billion in value on Aug. 11. Arkham reported that BitMine chairman Tom Lee bought another $45 million of Ether, lifting BitMine’s stack to $7 billion. Those numbers change the math. Big institutional stacks and ETF demand can make sharp, short-term moves more persistent than in prior cycles. Capital appears to be rotating; Bitcoin dominance has fallen 5% over the past 30 days to 55%, which market participants mostly attribute to funds moving into assets beyond Bitcoin. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals What Traders Might Do Next Traders and portfolio managers will likely keep an eye on macro signals and flow data. A softer interest rate outlook from Powell is a bullish factor for risk assets, but seasonality and previous post-August declines are reasons to stay cautious. Featured image from Unsplash, chart from TradingView
Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024.
The Bitcoin price has struggled to retain any serious momentum over the past few weeks despite running to a new all-time high in that period. Over the past week, the flagship cryptocurrency fell below the $112,000 mark before experiencing some resurgence on the back of the US Federal Reserve (Fed) chairman Jerome Powell’s speech. However, the price of BTC appears to have returned to its sluggish pattern of action over the weekend, dropping to around $115,000 on Saturday, August 23. According to the latest on-chain data, the BTC price might be stuck in this phase of muted action in preparation for its next move. BTC Market Activity Wanes — What’s Next For Price? In a new post on social media platform X, Alphractal revealed that the Bitcoin market seems to be shaping up for the next big move in the coming weeks. This projection is based on the 30-Day Active Supply metric, which measures the number of unique coins that moved at least once over the past month. Related Reading: Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return The 30-Day Active Supply metric functions as a thermometer of the market interest in BTC, indicating both overheated and cool market conditions. When the metric rises, it suggests the inflow of fresh capital circulating and stronger investor activity. Historically, increases in the Bitcoin 30-Day Active Supply have often coincided with price tops and bottoms, especially as investors are inclined to move their coins around during times of extreme greed or fear. Hence, a rise in the metric can be associated with a potential market reversal. Meanwhile, a drop in the Bitcoin 30-Day Active Supply metric signals calmer market conditions with hesitation among investors, typically after periods of high stress or enthusiasm. When fewer coins are on the move and supply is relatively stable, a tightening effect takes place in the market. According to data from Alphractal, the Active Supply indicator shows that the Bitcoin market has witnessed a cooldown in activity in recent weeks. The on-chain analytics firm added that the slowdown in the market activity could mean that the BTC price is preparing for the next big move. With an improving macroeconomic environment, the Bitcoin price appears to be consolidating within a narrow range beneath its all-time high. Hence, a sudden spike in activity could see the market leader enter a new expansion phase, with the potential to hit new highs. Bitcoin Price At A Glance As of this writing, the price of BTC sits just above the $115,000 mark, reflecting an almost 2% decline in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is down by more than 2% in the last seven days. Related Reading: Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000 Featured image from Dall-E, chart from TradingView
Bitcoin whales are adding Ether exposure as attention flips from BTC to ETH on the back of new all-time highs for the largest altcoin.