The 150,000 ETH investment from longtime Ethereum proponent Jeffrey Berns will hit the firm's wallet later this week.
Hedera’s token rebounded after testing key support levels, with easing sell pressure and growing enterprise adoption pointing toward renewed upside momentum.
The Winklevoss-led company plans to sell 16.67M shares at $17–$19 each, tapping a hot IPO market.
Meet the leaders shaping crypto in 2025 (BlackRock, Tether, Ethereum, Solana and EigenLayer) and what’s next on ETFs, stablecoins and restaking.
Bitcoin is facing renewed volatility after losing the $110,000 level just a few days ago, a breakdown that has fueled uncertainty across the market. Bulls are attempting to reclaim this crucial support, but fear of a deeper correction continues to weigh heavily on sentiment. With every failed rebound, traders are left questioning whether this pullback is simply a pause within the broader uptrend or the beginning of a larger downtrend. Related Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Crypto analyst Darkfost has shared new data providing context for the current environment. Since Bitcoin’s most recent all-time high near $123,000, the asset has retraced by roughly -12%. According to Darkfost, this move remains well within the boundaries of a normal correction, especially when compared to historical pullbacks in previous bull cycles. Such corrections are often healthy, serving to reset leverage, cool overheated sentiment, and create fresh entry points for long-term investors. While uncertainty remains in the short term, history suggests that Bitcoin’s current retracement does not necessarily signal the end of the cycle. Instead, it may represent a period of stabilization before the next major move. Bitcoin Correction Aligns With Historical Patterns According to Darkfost, Bitcoin’s current retracement should be viewed within the broader context of this cycle rather than as a sign of structural weakness. Looking more closely, since the first all-time high in March 2024, the largest drawdown recorded so far reached 28%. Importantly, Bitcoin has not corrected more deeply than that throughout the ongoing bull market. Historically, the most severe pullbacks in bullish phases have averaged between -20% and -25%, placing the present move well within the expected range. With Bitcoin now down roughly 12% from its latest all-time high of $123,000, the retracement is still modest compared to prior cycle corrections. Darkfost emphasizes that this behavior is not unusual and could even extend further without breaking the underlying bull trend. In fact, such drawdowns are often healthy and necessary in long-term uptrends. They serve several functions: flushing out excessive leverage in the derivatives market, cooling down overheated sentiment, and shaking out short-term speculators. At the same time, they create new entry opportunities for investors who may have missed earlier stages of the rally. For long-term holders and institutions, these phases are less about panic and more about preparation. Historically, similar corrections have preceded renewed strength, as Bitcoin stabilizes before resuming its upward trajectory. If the current pattern holds, this retracement may ultimately strengthen the market foundation, setting the stage for the next leg of growth. Related Reading: Binance Network Activity Outpaces Ethereum As Active Addresses Double Since April Testing Recovery Level After Deep Pullback Bitcoin is attempting to recover after a sharp correction that took the price down to the $108K region. As shown in the chart, BTC recently bounced back above $110K but continues to struggle to sustain momentum. The rejection from the $123K zone marked the cycle’s most recent all-time high, and the market has since been in a retracement phase. The 12-hour chart highlights how BTC dipped below its 200-day moving average (red line) but quickly rebounded, signaling that bulls are still defending this crucial support. The 50-day (blue) and 100-day (green) moving averages, however, are trending downward, suggesting that pressure remains in the short term. BTC will need to reclaim the $112K–$115K zone to shift sentiment back toward bullish momentum. Related Reading: Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility On the downside, losing the $108K level could open the door to a deeper correction toward $105K or even the $101K region, where the 200-day MA sits as the last line of defense. Bitcoin is consolidating in a fragile position. A decisive move above $115K could reignite bullish momentum, but failure to hold current support may confirm a prolonged correction phase before any attempt at a new all-time high. Featured image from Dall-E, chart from TradingView
RARI Foundation’s Anna Riabokon told Cointelegraph that licensing revenue and fee buybacks will sustain the platform’s rewards program.
SharpLink added 39,008 ETH at an average $4,531, implying a $177 million acquisition cost as Ethereum treasury companies grow their crypto balance sheets.
Gemini has announced plans for an initial public offering (IPO), offering 16.7 million Class A shares priced between $17 and $19 each. The company aims to list on the Nasdaq stock exchange under the ticker symbol “GEMI.” Leading the offering are Goldman Sachs and Citigroup, with Morgan Stanley and Cantor also participating. This move marks …
Polymarket contracts price less than a 1% chance that President Donald Trump will resign today, as traders position into a 2 P.M. ET Oval Office announcement reported by multiple outlets citing a White House advisory. The Oval Office announced the planned appearance, though the topic was not disclosed. According to his schedule, Trump spent Labor […]
The post Millions bet President Donald Trump is NOT DEAD as Polymarket resignation odds stay under 1% appeared first on CryptoSlate.
Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.
Coincheck is expanding into the European Economic Area by acquiring Paris-based institutional crypto brokerage Aplo, with the deal expected to close in October.
Led by Tom Lee, the company aims to control 5% of ether's supply, positioning itself as the largest listed ETH treasury firm.
SharpLink acquired 39,008 ETH at an average price of about $4,531, boosting its total holdings to 837,230 ETH valued around $3.6 billion. Since June 2, the company has earned 2,318 ETH from staking rewards. As of August 31, 2025, SharpLink still had over $71.6 million in cash reserves waiting to be deployed. This signals SharpLink’s …
Michael Saylor’s “Strategy” has bought 4,048 bitcoins for about $449.3 million at an average price of $110,981 per BTC. The firm reports a strong Bitcoin yield of 25.7% so far in 2025. As of September 1, 2025, Strategy holds 636,505 BTC, acquired for approximately $46.95 billion at an average cost of $73,765 per bitcoin. This …
Crypto majors are green and recovering coming out of the long holiday weekend, with Bitcoin touching $110,000 Tuesday morning.
Michael Saylor’s Strategy announced a $449 million Bitcoin purchase made last week, bringing total BTC buys in August to just 7,714 BTC.
BONK consolidates after sharp swings, with unlock dynamics shaping investor sentiment
Led by Michael Saylor, the company bitcoin stack has grown to 636,505 coins worth about $70 billion.
Kite AI raised $18 million in a Series A round led by PayPal Ventures, bringing its total funding to $33 million to build decentralized infrastructure for AI agents in web3.
Saylor's aggressive Bitcoin acquisition strategy could influence market dynamics and investor sentiment, potentially impacting Bitcoin's volatility.
The post Michael Saylor’s Strategy buys $449M in Bitcoin after dodging an investor lawsuit appeared first on Crypto Briefing.
Strategy's holdings now account for more than 3% of the total 21 million bitcoin supply — worth around $70 billion.
General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement
Ethereum’s scaling game took another hit. Starknet, one of the leading Layer-2 networks built to speed up and cheapen Ethereum transactions, went offline for nearly three hours on Tuesday – its second major outage in just two months. The disruption followed the much-anticipated Grinta upgrade, raising questions about whether high-performance blockchain networks can deliver on …
Ethereum-focused firm The Ether Machine secured $654 million in private financing from Jeffrey Berns, aiming to go public with over 495,000 ETH on its books.
Exchanges liquidated $370 million of crypto futures bets as bitcoin confounded expectations for a move lower while gold topped $3,500 an ounce for the first time.
Following the launch, fans will be able to trade on sports outcomes across major leagues like the NFL, NBA, MLB, and college football.
DeFi platforms are under increasing pressure as hackers find new ways to exploit vulnerabilities. Recent incidents have sent shockwaves through the crypto community, raising concerns about security and user safety. Venus Protocol Account Loses $27M A major account on the Venus Protocol, a leading lending platform on the BNB Chain, was compromised, losing about $27 …
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions.
Venus stressed that the protocol remains intact as it investigates a $13.5 million loss from a whale reportedly phished by scammers.
ICP traded in a 5% channel from $4.60 lows to $4.84 on surging volume, showcasing resilience despite broader market turbulence.