BlackRock’s iShares Bitcoin ETF has overtaken major crypto exchanges to become the largest known holder of Bitcoin. The fund’s rapid accumulation reflects the growing demand for regulated crypto investment products among institutional and retail investors. This marks a major shift in Bitcoin ownership, with traditional finance players now holding a dominant position. The move also …
BlockFi's collapse began with Do Kwon's Terra implosion, which triggered contagion across crypto lending platforms in the brutal winter of 2022.
SBI partners with Circle, Ripple and Startale to launch stablecoin ventures and a tokenized asset trading platform in Japan.
The European Union is accelerating work on a digital euro and is weighing public blockchains, including Ethereum and Solana, for issuance and settlement, per the Financial Times. The move follows passage of U.S. stablecoin legislation and a market dominated by dollar-pegged tokens, a backdrop that raises concerns inside European institutions about the euro’s role in […]
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For years, XRP has carried the reputation of being the “sleeping giant” of crypto. Loyal holders believe that once the token begins its long-awaited pump, it will never look back. But no market moves in a straight line. Even the giants of traditional finance such as Amazon and Google went through phases of explosive growth …
On-chain analytics platform Lookonchain has drawn attention to a 7-year-old Bitcoin whale who is betting big on Ethereum. This comes amid a crypto market pullback, which has seen ETH and BTC record significant losses. Bitcoin Whale Sells $76 Million To Buy Ethereum In an X post, Lookonchain revealed that a Bitcoin OG, which is holding 14,837 BTC ($1.69 billion), had sold 670.1 BTC ($76 million) and opened long positions of 68,130 ETH ($295 million). The whale made this move by depositing the $76 million BTC to Hyperliquid and selling it off before going long on ETH across four wallets, totaling 68,130 ETH. Related Reading: Analyst Warns Investors To Avoid Bitcoin At All Cost As Price Is Going Below $60,000 This Bitcoin whale received 14,837 BTC seven years ago, which was worth $107.5 million back then, from HTX and Binance when Bitcoin was trading at $7,242. With this recent move, there is the possibility that the whale is now turning their attention to Ethereum, as the investor anticipates a massive move from the largest altcoin by market cap. Furthermore, in another X post, Lookonchain revealed that the Bitcoin whale tried to play it safe on their Ethereum investment as they began closing the long positions and switched to buy spot ETH. In the process, the whale deposited another 1,000 BTC ($113.95 million) to Hyperliquid to buy ETH and bought 19,794 ETH ($85 million) Meanwhile, the Bitcoin OG also moved to trade Ethereum using leverage again and therefore proceeded to create a new wallet and deposited $20 million USDC to go long on ETH with 6x leverage. This brought the whale’s total holdings to 78,265 ETH ($334 million) across five wallets. More Ethereum Buys From The Bitcoin OG The Bitcoin investor has continued to double down on their conviction in Ethereum. The whale has now sold 3,142 BTC ($356.47 million) over the last two days and has bought 55,039 ETH ($237 million) through spot trading and opened a 135,265 ETH ($577 million) long position. Hyperliquid data shows that three out of the five long positions are currently in profit. The largest of them is an unrealized gain of over $2 million. Related Reading: Trader Goes From $43M To $770,000 As Ethereum Price Retraces, Here’s How Lookonchain spotted another Bitcoin OG who deposited BTC into Hyperliquid to sell and buy ETH. On-chain data shows that this whale received 85,947 BTC ($547 million) seven years ago, similar to the earlier Bitcoin OG. Based on this, the on-chain analytics platform opined that it is likely the same whale. Another whale also recently created a new wallet and withdrew 11,950 ETH ($51.32 million) from Binance. At the time of writing, the Ethereum price is trading at around $4,280, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The crypto market fell 0.86% in the last 24 hours, extending its seven-day loss streak to 4.28%. Mixed macroeconomic signals and crypto-specific headwinds have kept investors cautious. Institutional selling intensified after $240M in outflows from BlackRock and Fidelity’s ETH ETFs. At the same time, the high correlation between crypto and equities persisted as the Nasdaq …
Kanye West, now known as Ye, officially entered crypto with the launch of his YZY token on Solana. The debut was explosive: prices shot up 1,400% within the first hour, hitting $3 before crashing back to $0.77 in less than a day. While retail traders rushed in hoping for quick profits, insiders and snipers dominated …
This September, Eric Trump will attend the Metaplanet shareholder meeting in Tokyo as part of his growing focus on cryptocurrency. The visit marks part of his expanding push into the cryptocurrency sector. Metaplanet has recently gained visibility for its Bitcoin-focused strategies, and Trump’s participation is likely to bring further spotlight to the company’s plans. His …
Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency.
The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.
AUSTRAC has ordered Binance Australia to appoint an external auditor after identifying serious shortcomings in the exchange’s Anti-Money Laundering controls.
The crypto market is treading cautiously as investors await Jerome Powell’s upcoming speech, which could set the tone for risk assets in the coming weeks. Bitcoin price and major altcoins have slipped into a consolidation phase, reflecting uncertainty around the U.S. Federal Reserve’s stance on interest rates and inflation. With volatility expected to rise once …
Taiwan has recently been hit by a major crypto fraud case that cheated thousands of people out of their money. Prosecutors are cracking down, and regulators have stepped up to tighten the rules to protect investors. Here’s what has got the cryptocurrency industry talking. Taiwan’s Largest Exchange Under Investigation Taiwan’s largest virtual currency exchange, Bixiang …
Crypto firm Ripple has revealed plans to expand its RLUSD stablecoin into Japan by 2026. On Aug. 22, the stablecoin issuer announced that it had signed a memorandum of understanding with SBI VC Trade, a Japanese financial powerhouse SBI Holdings subsidiary. According to the statement, SBI would distribute RLUSD in Japan and work with Ripple […]
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In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.
Kraken becomes the first major crypto exchange to fully deploy distributed validator technology for Ethereum staking with SSV Network.
Binance Australia has 28 days to nominate external auditors for AUSTRAC's consideration.
The suspects allegedly operated under the guise of BitShine, which had passed Financial Supervisory Commission checks.
Spot Ether ETFs now hold 6.42 million ETH worth $27.66 billion, equal to 5.31% of the asset’s circulating supply.
A bitcoin wallet dormant for seven years recently became active, selling a significant portion of its BTC and buying Ethereum.
The European Union is now considering whether its long-awaited digital euro should be launched on public blockchains, such as Ethereum or Solana, according to a Financial Times report. This represents a significant shift from earlier discussions, which leaned toward a closed, permissioned system run directly by the European Central Bank (ECB). If adopted, this move …
Bitcoin is holding firm above $113K as traders wait for U.S. Federal Reserve Chair Jerome Powell’s upcoming speech. The market mood is tense, with investors watching closely for any policy hints. Meanwhile, Ethereum, XRP, and Solana are showing mixed price action, leaving traders divided on what comes next. Bitcoin Eyes Key Support as Market Shows …
The EU is exploring Ethereum and Solana for its digital euro, marking a shift toward public blockchains over private models like China’s CBDC.
Arthur Hayes has a clear answer to the market’s favorite bar fight. In an August 21 interview with Ran Neuner, the BitMEX co-founder said both Ethereum and Solana will rally hard, but he is explicitly tilted toward ETH for the remainder of the cycle. “Do I believe Solana is going to go up? Absolutely it’s going to go up. Do I believe it’s going to go up more than ETH? I don’t know. Probably not,” Hayes said. When pressed on portfolio construction, he didn’t hedge: “In terms of a position… you’d be more overweight ETH? Correct. Yes.” Ethereum Vs. Solana: Who Wins This Cycle? Neuner framed the context that has flipped the conversation from “Solana-only” to an Ethereum-led trade, citing a sequence of catalysts—from stablecoins to marquee advocates—that has turned ETH into “the darling asset of Wall Street.” Hayes didn’t contest the premise. Instead, he described the contest between the two chains as a “race” increasingly defined by the scale of capital now zeroing in on Ethereum: “ETH is a bigger asset to move, but there’s a lot of money chasing it. So it’s going to be [an] interesting race.” In other words, size is not a bug if flows are thick enough; it’s the feature that channels the largest bid. Related Reading: Altseason Things: Ethereum Perps Volume Sets New Record Against Bitcoin That flows-first view also explains why Hayes sees ETH’s upside accelerating once resistance is convincingly cleared. Responding to Neuner’s observation that Bitcoin sits well above its prior all-time high while ETH had been “struggling to break,” Hayes raised his sights beyond catch-up toward open-ended momentum: “I think ETH goes to $10,000 [or] 20,000 before the end of the cycle… once it’s broken through, then… it’s a gap of air to the upside.” He added that on shorter time frames, “the chart says it’s going higher now,” noting he had “bought back some of the ETH” he previously sold. None of this means Hayes is bearish on Solana. He disclosed he advises Upexi, a Nasdaq-listed company with a Solana-focused treasury, and reiterated his expectation that SOL will benefit from the same risk-on currents: “They’re both going to go up. The question is which one goes up more.” But even with that proximity to the Solana ecosystem, he returned to the relative case: “Do I believe [Solana]’s going to go up more than ETH?… Probably not.” Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? Neuner summarized the narrative shift bluntly—ETH “caught this massive Wall Street narrative,” with stablecoins, tokenized assets and high-profile champions such as Joseph Lubin and Tom Lee putting a megaphone behind Ethereum, after a period when “it’s a SOL cycle” dominated discourse. Hayes’ answer was not to relitigate the tech stack—Neuner even joked about Solana as the “fast monolithic chain”—but to anchor the ETH-over-SOL call in the mechanics of capital formation and passive demand now assembling around Ethereum’s market structure. In his telling, as institutional vehicles and public ETH treasury companies marshal fresh inflows, the “bigger asset to move” becomes the natural sink for the thickest flows. Hayes’ comparative view therefore rests on three on-record pillars. First, positioning: he is overweight ETH versus SOL on a percentage basis. Second, flows: he expects more money to chase ETH in this phase of the cycle, despite (and because of) its larger base. Third, trajectory: once ETH sustains a breakout, he sees “the sky’s the limit” dynamics taking over, with a cycle target of $10,000–$20,000 for ETH. The respect for Solana’s upside remains, but the winner—on Hayes’ numbers and his own book—is Ethereum. At press time, ETH traded at $4,285. Featured image created with DALL.E, chart from TradingView.com
The anticipated 2% price swing around Powell’s speech suggests slightly higher volatility than the average daily volatility of 1.52%, which is derived from the 30-day realized volatility of 29%.
OKX, one of the world’s leading crypto exchanges, has added a new trading pair Pi Coin (PI/USDC) in an effort to boost liquidity and draw in new traders. The move highlights OKX’s long-standing support for the Pi Network, as the exchange was the first to list Pi after the Pi Open Network launch and still …
Polkastarter price has rallied sharply, posting a 17.68% daily gain to $0.2168, while maintaining a 7-day rise of 11.81%. Its market cap hit $21.51 million, while 24-hour trading volume soared to $5.87 million, up over 20%. The token traded between $0.1834 and $0.2324 in the past 24 hours, showing high intraday volatility. The rally follows …
Strategy Vice President and CFO Andrew Kang has sold approximately a total of $20,000,000 worth of MicroStrategy ($MSTR) stock in August 2025. The sales included multiple large transactions. Could this negatively impact the company? Sneak Peek At Kang’s Recent Trades August 7, 2025: Kang sold 18,750 shares of the company’s stock, at an average price …
Crypto analyst EGRAG CRYPTO has long been one of the most vocal bulls of XRP, calling for higher prices even when the cryptocurrency was being weighed down by Ripple’s battle with the Securities and Exchange Commission (SEC). However, as the altcoin has struggled due to the current bearish market, the analyst has called out multiple important levels to watch. While he continues to call for new all-time highs, EGRAG warns that XRP must hold this last line of defense or risk falling into a bear market. XRP Price Must Not Fall Below $2.33 As the analysis points out, the XRP price is still holding at reasonable levels that could suggest a restart of the bullish momentum. But the further the price falls, the more at risk XRP is of completely falling into the hands of bears and risking a complete crash. As the price fluctuates, the $2.90 now serves as the midpoint of the Linear Log Channel. This makes it an important level, and EGRAG suggests that the price being able to hold above this level would suggest a strong bullish setup for XRP. Related Reading: Dogecoin Holder Count Surges Toward New All-Time Highs — Here Are The Figures In the case of a failure, then the next major support and defense for XRP falls to the $2.65 level. The importance of this level cannot be overestimated, as the price must hold it even if it wicks below it. Closing below here would mean that the altcoin is ‘in trouble’, as EGRAG explains. Further down is what could arguably be the last line of defense for bulls to stage a reversal, and this last line of defense is at $2.33. This is the 2-Week EMA and is the major level to hold if the price is to reach new all-time highs. Otherwise, control falls completely into the hands of the bears, signaling a bear trend. Other major levels that signal bear control are the $1.90, which EGRAG paints as the “bear market line of defense.” A close below this puts XRP firmly in bear territory. Then $1.62 is the point of confirmation of the bearish trend as the price completely loses support. Why There Is Still Hope Despite the sentiment skewing toward the negative, the crypto analyst remains optimistic when it comes to the long-term performance of the XRP price. He points out that the White Arch outlined in the chart coincides with the Blue Upper Boundary of the Linear Log Channel. Related Reading: Economist Who Predicted Bitcoin Would Go To $100 Before $100,000 Returns At the top of this channel, the price is sitting well above $20. The major move required here is that the XRP price manages to close above $3.65, which would push the altcoin into price discovery. If this happens, then the analyst says, “That’s the end of the story,” expecting the price to rocket. Featured image from Dall.E, chart from TradingView.com