Indonesia's engagement with Bitcoin could enhance economic resilience, but rising crypto taxes may impact adoption and investment dynamics.
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Base blamed a 33-minute outage on Tuesday on an unprepared sequencer. The blockchain team said it would update the infrastructure
As crypto equity markets become overcrowded and illiquid, Architect bets on building a Moody's-like credit rating system to unlock new pools of institutional capital.
BitBridge will begin trading under the ticker symbol BTTL by the end of Q3, with plans to uplist to the NASDAQ thereafter.
Changpeng Zhao has asked a US bankruptcy court to dismiss claims in a lawsuit filed by FTX's bankruptcy estate.
XRP has surged an impressive 35% over the past month, currently trading at $3.05. This bullish momentum is fueled by growing institutional interest, massive whale accumulation, and a long-anticipated regulatory breakthrough in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). Related Reading: Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen? Investors are increasingly optimistic ahead of the SEC’s expected status report on August 15, which may finally end Ripple’s multi-year lawsuit. This outcome could unlock a flood of institutional adoption and pave the way for XRP spot ETF approvals. With whale wallets scooping up over $60 million in the token recently, market sentiment is turning decisively bullish. Whale Activity and ETF Buzz Signal Institutional Confidence XRP isn’t rallying alone as Institutional capital has flowed heavily into Ethereum and XRP over the past few weeks, according to CoinShares. XRP-related investment products saw $31.26 million in inflows, while whale trackers confirmed large transactions, including a single 20 million transfer from Upbit worth over $60 million. Additionally, anticipation is mounting over potential XRP ETF approvals. The SEC has set an October 17 deadline to rule on several XRP spot ETFs, and a recent policy shift enabling in-kind redemptions has eliminated key logistical barriers. If approved, these ETFs could dramatically reduce the token’s circulating supply and fuel further price appreciation. XRP's price trends to the upside on the daily chart. Source: XRPUSD on Tradingview Can XRP Reach New All-Time Highs in 2025? Beyond legal clarity and ETF speculation, the token’s real-world utility is gaining traction. Its recent integration of an Ethereum-compatible sidechain opens the door for DeFi developers to launch dApps on the XRP Ledger using XRP for fees. Moreover, the XRPL now hosts one of the largest tokenized U.S. Treasury bill products, signaling its growing role in asset tokenization. Related Reading: Crash Incoming? Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone While $100+ price predictions remain highly debated, the token’s bullish structure and ecosystem expansion offer a compelling long-term thesis. Technical indicators remain cautiously optimistic, and analysts suggest $3 may be the last ideal entry point before the next leg up. With regulatory momentum, whale interest, and real-world use cases converging, XRP may be poised to break out even higher in Q3 and beyond. Cover image from ChatGPT, XRPUSD chart from Tradingview
BDACS launches XRP custody for institutions in Korea, deepening Ripple partnership and boosting regulatory alignment for XRP’s global institutional use.
The platform's resurgence can be attributed to the renewed momentum of its native token, PUMP, one analyst said.
Institutions may now have a clearer footing to build products around liquid staking tokens and unlock new market segments, according to industry executives.
The draft bill could stifle innovation and create prolonged legal ambiguity, impacting the growth and stability of the crypto industry.
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Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTC’s surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake post by contributor Kripto Mevsimi, Bitcoin whale behavior indicates that the asset may be walking a tightrope. While “old whales” have stopped realizing profits, newer whales remain slightly in the green – though only marginally. Related Reading: Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers Here, old whales refer to large BTC holders who have held the digital asset for more than a year. New whales – including institutional players – are those who entered the market within the past year. Kripto Mevsimi notes that the current balance between old capital and newly invested capital may not hold much longer. A decisive break in either direction could push BTC into a new price range. The chart below illustrates the rising realized cap of old whales from 2022 to 2024, confirming that this cohort steadily realized profits during that period. Notably, this quiet distribution phase coincided with mid-cycle market conditions. However, since early 2025, the realized cap for old whales has flattened – signalling a pause in profit-taking. Their average cost basis of $39,400 puts them well in profit, suggesting they are likely waiting for higher prices before re-entering the market. In contrast, the average cost basis for newer whales is approximately $105,300 – a level that now serves as their psychological breakeven. As long as BTC remains above this threshold, these newer investors are unlikely to sell in large numbers. That said, a drop below this critical level could trigger risk-off behavior among new whales. Kripto Mevsimi suggests that such a move could escalate current conditions from moderate profit-taking to panic selling, potentially triggering a wave of leverage unwinds. Keep An Eye On Realized Price It’s worth noting that recent activity has been minimal across both BTC investor cohorts – old whales and new whales alike. As the CryptoQuant analyst puts it: Old whales are idle. New whales are exposed. Neither is pressing the market – yet. But once the range breaks, the reaction could be sharp. In short, Bitcoin holders should closely monitor realized price levels. If BTC maintains a price above $105,000, newer capital is likely to remain stable. However, a drop below that could weaken the floor and invite downside pressure. Related Reading: Bitcoin Plunge Below $115,000 Wipes Out $700M In Crypto Longs Conversely, a breakout toward a new all-time high – possibly around the $130,000 mark – could bring old whales back into play, expanding their realized cap. That said, a few warning signs point to potential short-term weakness. For instance, BTC deposits to Binance have been rising steadily after months of decline, indicating that selling pressure may increase in the near future. At press time, BTC trades at $113,500, down 0.3% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Commissioner Caroline A. Crenshaw warns that the SEC’s statement offers little clarity for liquid staking providers.
The critique highlights potential regulatory uncertainty for crypto firms, possibly hindering innovation and compliance in the liquid staking sector.
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The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation.
Bitcoin has outperformed Berkshire and its top holdings in 2025, highlighting the cost of ignoring BTC as a hedge or growth asset.
Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs). Co-founder of The ETF Institute Nate Geraci called the guidance “the last hurdle” before the SEC can approve staking in spot Ethereum (ETH) ETFs. Furthermore, he noted […]
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SUI is currently sitting in a prime “sweet spot,” where key structural support meets the VWAP average. This alignment establishes a robust technical foundation, indicating a potential breakout as buyers step in at this critical level. Key Support Level Near Aligning With VWAP Average In a post on X, CryptoPulse drew attention to SUI’s recent price action, noting that the token has pulled back into what is described as a “sweet spot” for potential buying opportunities. The price recently touched the VWAP (Volume Weighted Average Price) and is currently sitting directly on a critical structural support level around $3.50. Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible This zone has been a key area of interest for the analyst, who has been patiently waiting for SUI to reach this level before stepping in. The convergence of the VWAP and structural support creates a favorable setup that often precedes strong upward moves. Fundamentally, SUI is also gaining increasing recognition and traction within the cryptocurrency ecosystem. The project’s growing presence, combined with solid chart structure, reinforces the possibility of substantial upside potential over the coming weeks and months. Currently, the analyst is actively averaging into their position, setting an initial target at $5. However, they remain optimistic that this setup can extend much further if momentum continues to build and key technical levels are broken. With both technical and fundamental factors converging, CryptoPulse views SUI as a project worth watching closely for possible significant gains ahead. SUI Chart Shows Promise, But Setup Needs Confirmation Sharing additional insights in a separate post, AlgoCats highlighted that SUI is currently showing a very promising chart setup. The analyst noted that while the structure looks favorable, they are waiting for a more defined formation to develop, which would offer a clearer signal for a long position before considering an entry point. Their target is a key resistance zone that has seen multiple wicks and a previous fake breakout, marking it as a critical level where price action could accelerate. Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target This resistance zone is central to their trading plan, as it could act as a springboard for a potential breakout if approached with the right setup. However, AlgoCats emphasized that patience is key, and they intend to wait for confirmation before making any move. Until that confirmation arrives, the focus remains on observing how SUI behaves around current levels. AlgoCats is prepared to act, but only when the chart provides a clean and confident signal for entry. At the time of writing, SUI was trading at $3.54, demonstrating a nearly 3% increase in the last 24 hours. Its trading volume has increased significantly by more than 33% in the past day. Featured image from Adobe Stock, chart from Tradingview.com
The new product gives builders the infrastructure to seamlessly integrate wallets into their apps.
The State of Michigan Retirement System has nearly tripled its Bitcoin ETF holdings, signaling rising institutional confidence in digital assets.
The move follows significant gas fee reductions after the Dencun upgrade, and comes amid intensifying competition across blockchains.
Base said in a postmortem that the network failed to respond to a sequencer delay that occurred due to onchain activity.
Coinbase unveiled a developer-focused wallet that automatically activates 4.1% rewards on USDC balances. Called Coinbase Developer Platform (CDP) Embedded Wallets, the product is part of and is aimed at giving builders the same secure, scalable infrastructure that powers millions of Coinbase accounts, according to an August 5 announcement. CDP Embedded Wallets support Ethereum Virtual Machine […]
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Brazil's exploration of a national Bitcoin reserve could enhance economic resilience, promote blockchain adoption, and influence global crypto policies.
The post Brazil to hold first public hearing on national Bitcoin reserve on August 20 appeared first on Crypto Briefing.
Despite recent bearish pressure in the crypto market, Dogecoin (DOGE) is showing signs of resilience, holding above the crucial $0.18 support level. After slipping below the $0.20 threshold, DOGE continues to attract bullish speculation, particularly as it approaches a critical RSI level on the 4-hour chart. Related Reading: Against The Grain: Analyst Targets $300K Bitcoin Price—When Will It Happen? Crypto analyst KrissPax highlights that Dogecoin’s RSI is nearing the same level that triggered a 70% rally in June 2025. Back then, DOGE surged from $0.14 to over $0.24 within a month. With the current RSI trajectory aligning closely with past patterns, traders are watching for a similar uptrend, this time potentially pushing DOGE to $0.34, especially with its higher low structure forming. Institutional Accumulation Fuels Dogecoin Optimism Adding fuel to the fire, large Dogecoin whales have accumulated over 1 billion DOGE in just 48 hours, signaling growing confidence among institutional investors. Historically, such accumulation often precedes major price moves. Analysts now speculate that September could see DOGE breaking past key resistance levels at $0.50, with some even eyeing a long-term target of $1 if bullish momentum sustains. Technically, DOGE is also forming a bullish megaphone pattern, which could pave the way for extended upside if confirmed. The coin is also trading within the historical accumulation zone of $0.15–$0.22, a range that previously triggered exponential rallies. DOGE's price moving sideways on the daily chart. Source: DOGEUSD on Tradingview Can Dogecoin (DOGE) Beat Market Expectations in Q3? Though the broader meme coin sector has underperformed this cycle, Dogecoin’s technical setup tells a different story. According to past posts from X analyst Trader Tardigrade, DOGE has already completed two significant bottoms in a classic reversal pattern, with a third forming. If history repeats, this structure could precede another breakout. Additionally, CoinCodex predicts a 16% rise in DOGE price by early September, targeting $0.24. With a neutral sentiment and Fear & Greed Index at 64 (greed), market conditions appear ripe for a rebound. Related Reading: XRP Price To $10,000 Programmed? Insane Prediction Forecasts Supply Shock If DOGE can maintain support above $0.18 and follow through with historical RSI-driven rallies, the meme coin could surprise investors with a strong Q3 performance. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and […]
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Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community. The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience. Among […]
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If a bill to create a BTC reserves passes in Brazil’s House of Representatives, it will require Senate approval before being signed into law or vetoed by the country’s president.
Publicly listed Bitcoin (BTC) treasury companies bought $552 million worth of BTC while holders divested exchange-traded fund (ETF) shares between July 31 and August 4. According to Farside Investors’ data, US-traded spot Bitcoin ETFs registered $1.25 billion in outflows between July 31 and August 4. At the same time, data from Bitcoin Treasuries highlighted that […]
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On-chain data shows Bitcoin investors who purchased near the price top are choosing to hold even after the latest pullback. Bitcoin Cost Basis Distribution Shows Supply Still Firm Above $118,000 In a new post on X, the on-chain analytics firm Glassnode has discussed the latest trend in the Cost Basis Distribution Heatmap of Bitcoin. This indicator tells us about how much of the asset’s supply was purchased at the various spot price levels. In on-chain analysis, supply cost basis is considered a key concept, as investor behavior is often more pronounced when the cryptocurrency is trading at or near its acquisition level. Related Reading: Bitcoin Neutral Sentiment Didn’t Last Long: Investors Already Greedy Again When the market mood is bullish, investors in profit may see price declines toward their cost basis as ‘dip‘ buying opportunities. This can make levels concentrated with supply under the spot price support boundaries. Similarly, holders in loss can look forward to retests of their acquisition mark so that they can exit the market with their money ‘back.’ This selling can provide resistance to the asset. Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin Cost Basis Distribution Heatmap over the past month: As displayed in the above graph, the Bitcoin Cost Basis Distribution Heatmap formed a sort of “airgap” as a result of the cryptocurrency’s explosive run toward the new all-time high (ATH) last month. Gaps like these form whenever BTC runs by levels too fast for supply to change hands, leaving no dense cost basis centers in that range. The airgap that gets left behind corresponds to a “free for all” space in terms of investor behavior, as there are no major support or resistance levels built into it yet. From the chart, it’s visible that as Bitcoin consolidated earlier, supply gradually became concentrated at levels above $116,000, but below that mark, supply remained thin up to $109,000. With the latest plunge, the asset is finally exploring this airgap, and so far, supply is being filled in. This could be an indication that the investors are interested in buying the dip, which may help form a support cluster in the range. Another interesting trend that’s apparent in the graph is that a notable amount of supply still retains its cost basis between $118,000 and $120,000. While some panic selling has occurred from investors who purchased in this range, a lot of them appear to be choosing to hold strong instead. Related Reading: XRP MVRV Flashes Death Cross: More Decline Ahead? It now remains to be seen how the Bitcoin airgap would develop in the coming days and whether these top buyers would continue to stand firm. BTC Price At the time of writing, Bitcoin is floating around $114,200, down 4% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ethena (ENA) price has struggled to rally beyond 69 cents in the past few days. The highly liquid mid-cap altcoin, with a fully diluted valuation of about $8.6 billion, dropped 4 percent in the past 24 hours to trade at about $0.575 on Tuesday, August 5 during the mid-New York trading session. ENA price has, …