Recently, the LINK price had a mesmerizing week, pushing beyond $20. Now, it is holding firm after a major announcement today that Chainlink has integrated with Intercontinental Exchange (ICE) to deliver high-quality forex and precious metals data onchain. This move is seen as a catalystic move in mainstream blockchain adoption, and experts view it as …
Bitcoin surged past the $120,000 mark, reaching an intraday high of $122,300 — just shy of its all-time high at $123,000. The move marks a strong bullish continuation after weeks of upward momentum, fueling hopes among traders that a new record could be imminent. However, seasoned investors are approaching the rally with caution, warning that current price action could represent a relief rally before another consolidation phase. Related Reading: Altseason Still On Hold – Metrics Reveal BTC Outpaces Large, Mid, Small Caps Fresh data from CryptoQuant adds a layer of complexity to the market outlook. After a sharp rise in average weekly open interest to over 20% — peaking on July 14 — the metric has since dropped significantly, now turning negative. This shift suggests that short-term risk appetite has diminished, potentially reducing speculative momentum in the near term. While open interest declines are not inherently bearish, they can indicate a cooling phase after periods of aggressive leverage. In some cases, such pullbacks in open interest, especially when paired with increased liquidations, have preceded attractive buying opportunities. For now, Bitcoin’s position near record highs offers both promise and risk, with the next few sessions likely to determine whether the market pushes higher or pauses for consolidation. Open Interest Signals Cooling Risk Appetite Top analyst Darkfost has shared fresh market insights, highlighting a notable shift in Bitcoin’s derivatives landscape. According to his analysis, the current weekly average for open interest change sits at -2.2%, marking a sharp reversal from the +20% levels seen just weeks ago. This drop signals that short-term risk appetite among traders has clearly diminished, with many participants reducing leveraged positions after an extended bullish run. Liquidations are a key factor in this development. Darkfost points out that when open interest experiences a sharp short-term drop alongside a spike in liquidations, it often presents a window for profitable long entries. This setup typically occurs when overleveraged positions are wiped out, allowing stronger hands to accumulate at more favorable levels. While not a precise buy signal, it remains a valuable tool for gauging market conditions and identifying potentially favorable entry zones. The current backdrop is particularly intriguing as Ethereum pushes toward all-time highs, drawing increased attention to the broader crypto market. Bitcoin’s stability above the $120K level, combined with improving sentiment across altcoins, sets the stage for potentially strong follow-through in the coming weeks. However, traders will be watching derivatives metrics closely for signs of renewed leverage or further cooling before committing to larger positions. Related Reading: Bitcoin Holds Strong Near All-Time High – Market Not Overheated Yet, Data Shows Bitcoin Tests Key Resistance Just Below All-Time High Bitcoin has surged to $121,337, marking a strong breakout from its recent consolidation phase and pushing to its highest level since setting the all-time high at $123K. The daily chart shows a decisive move above the $119K zone, confirming bullish momentum after holding support at the 50-day moving average near $114,155. This rally brings BTC within striking distance of the $123,217–$124,000 resistance area, a critical zone that previously capped upside attempts in July. A clean break and daily close above this level could open the door for a new all-time high, potentially triggering further upside momentum as traders chase the breakout. Related Reading: Ethereum Exchange Balances Decline To 18.8M ETH: Smart Money Drains Supply With Ethereum nearing its own record highs and altcoins showing renewed strength, Bitcoin’s performance in the coming sessions will be pivotal for broader market sentiment. If BTC manages to secure a sustained move above $124K, it could fuel a market-wide surge. However, failure to break higher may see a period of consolidation before the next decisive move. Featured image from Dall-E, chart from TradingView
Strategy, the world’s largest corporate holder of Bitcoin, has expanded its treasury with the purchase of 155 BTC for $18 million. The acquisition, announced on Aug. 11, came at an average price of $116,401 per coin, marking a 25% year-to-date yield on the company’s Bitcoin position in 2025. Notably, this is Strategy’s second-smallest purchase of […]
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SharpLink has struck a $400 million registered direct offering deal with five global institutional investors. Combined with its unused $200 million at-the-market (ATM) facility, the funds will bolster the company’s already substantial crypto reserves. SharpLink currently holds about 598,800 ETH, and with this fresh capital, its Ethereum treasury is projected to top $3 billion. The …
Paxos said it has applied for a national trust charter, marking the third crypto firm over the past few months to do so.
Blue Origin's acceptance of crypto for spaceflights highlights the growing integration of digital currencies in high-value transactions.
The post Jeff Bezos’ Blue Origin now accepts Bitcoin, Ether, and Solana for New Shepard trips appeared first on Crypto Briefing.
Coinbase Ventures has purchased TON tokens “directly from Telegram,” TON Foundation president Manuel Stotz told The Block.
Chainlink has partnered with Intercontinental Exchange (ICE) to bring high-quality foreign exchange and precious metals data directly to blockchain networks. Powered by ICE’s Consolidated Feed, which sources market data from over 300 global exchanges, the information will be integrated into Chainlink’s Data Streams used by more than 2,000 decentralized applications. The partnership aims to boost …
The company aims to acquire 5% of all ether supply, worth around $25 billion at current prices.
Trump Media & Technology Group, the company behind the Truth Social platform, has filed an updated registration statement with the U.S. Securities and Exchange Commission (SEC) for its upcoming Truth Social Bitcoin ETF. If approved, this exchange-traded fund will directly hold Bitcoin, meaning investors could gain exposure to the cryptocurrency without having to buy or …
Blue Origin, Jeff Bezos’ $180 billion space company, has started accepting Bitcoin and other cryptocurrencies as payment for trips aboard its New Shepard rocket. Powered by Shift4 Payments, customers can now book commercial spaceflights using Bitcoin, Ethereum, Solana, and stablecoins. This option aims to simplify transactions and tap into crypto users wanting a new way …
Ethereum (ETH) was also a top performer, rising 3.3% from Friday.
Support has formed at $3.90 with resistance at the $4.15 level.
Strategy's cautious BTC acquisition reflects a strategic shift, potentially influencing corporate Bitcoin adoption and market dynamics.
The post Bitcoin proxy Strategy makes smallest BTC purchase since March appeared first on Crypto Briefing.
Bitmine owns the world’s largest Ethereum reserve valued at approximately $4.96 billion, making it the third-largest crypto treasury overall. The company has rapidly accumulated a vast amount of ETH, surpassing many public firms, and has a significant stake in the Ethereum ecosystem. Bitmine’s strategy focuses on long-term holding and benefits from Ethereum’s growing role in …
The TST token, originally created by the BNB Chain team as nothing more than a tutorial example, is back in the spotlight for all the wrong reasons. What began as a harmless memecoin demo has turned into one of the most volatile stories in crypto this year. Developer Dumps Entire Holdings In a shocker for …
Chainlink has partnered with NYSE-parent Intercontinental Exchange to integrate forex and precious metals data from ICE’s Consolidated Feed into Chainlink Data Streams.
Digital asset exchange-traded products (ETPs) staged a sharp turnaround last week, securing approximately $572 million in net inflows, according to CoinShares’ latest report. The rebound came after the market initially suffered $1 billion in outflows earlier in the week, which CoinShares linked to weak US payroll data. Later, a surge of $1.57 billion in inflows […]
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Michael Saylor’s Strategy added another $18 million in Bitcoin last week to mark the fifth anniversary of its BTC buying strategy, bringing its total holdings to 628,946 BTC.
On August 11, 2025, Bitcoin jumped more than 3%, climbing past $122,000 and edging closer to its record high. Ethereum also rallied, crossing $4,300, its strongest level since late 2021. The total cryptocurrency market cap rose 2% to above $4.1 trillion. Gains spread across sectors like NFTs and DeFi, with several top tokens seeing double‑digit …
Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update posted on X, emphasized that Solana is currently cruising inside a strong ascending channel on the daily chart. This steady bullish structure reflects consistent buying interest and price strength over time. At present, SOL is pushing toward the mid-range of this channel, indicating fresh upside momentum and a possible continuation of its upward trajectory. Related Reading: Institutional Solana Buying Ramps Up: The Nearly $600 Million Buy Shaking Up SOL If the bulls manage to maintain this pressure, the next logical target would be the upper boundary of the channel, which lies near the $220 mark. Reaching this level, which is serving as a crucial resistance zone, would signify a significant milestone, reinforcing the resilience of the current bullish trend and potentially attracting more buying activity. On the other hand, a slip below the channel’s mid-line could trigger a pullback toward the $160 demand zone, a key level that has historically provided strong support. This area is critical for buyers to defend in order to prevent a deeper decline and maintain the overall bullish structure. Monitoring this level will be essential for gauging whether the upward momentum can sustain or if a more significant correction is underway. Solana Short-Term Trend Shows Signs Of Bearish Behavior Despite the bullish structure reflected on the daily chart, Gemxbt, in a separate update, pointed out that Solana exhibited a bearish setup on the 1-hour timeframe at the time of the post. Short-term market sentiment has shifted, with price action trading below the 5, 10, and 20-period moving averages — a clear indication of near-term selling pressure. Related Reading: Solana (SOL) Smashes $200, Bulls Now Target $220–$250 Zone Adding to this bearish tone, the MACD indicator has crossed below its signal line, indicating the potential for renewed downside momentum. This technical signal often reflects an acceleration of selling interest, particularly when it aligns with other bearish patterns on lower timeframes. Meanwhile, the Relative Strength Index (RSI) is trending toward oversold territory, which suggests that buying pressure is weakening and sellers remain firmly in control. However, an oversold reading can also hint at a potential short-term bounce if buyers step in to defend key price levels. In terms of critical levels to watch, support is currently situated around $175, where buyers may attempt to halt a decline. On the upside, immediate resistance is seen near $180. A break above this level is likely to trigger continued upside pressure. Featured image from Adobe Stock, chart from Tradingview.com
Executive Chairman Matthew Schultz co-founded the Nasdaq-listed bitcoin miner in 2014 and previously served as CEO.
The ONDO price had a landmark week, and it has managed to sustain near the $1 mark despite a slight pullback. This optimism drove through a series of regulatory and institutional developments that have lifted market-wide sentiment, even benefiting ONDO Finance’s market cap. Now, technical indicators and experts suggest that the ONDO price USD may …
Tether and Rumble have offered to acquire all shares of AI infrastructure operator Northern Data in a $1.17 billion deal that would make Tether Rumble’s top shareholder.
Roughly $13 million has reached global VASPs, while $18.8 million sits idle in unattributed wallets — likely to slow detection and await more favorable movement conditions.
BitMine's aggressive Ethereum acquisition strategy could significantly influence market dynamics and investor confidence in crypto assets.
The post Tom Lee’s Ethereum treasury BitMine tops 1 million ETH worth nearly $5 billion appeared first on Crypto Briefing.
The acquisition comes shortly after the firm closed a $500 million private placement led by 10X Capital and YZi Labs.
The collaboration adds ICE’s market data to Chainlink Data Streams, aiming to support tokenized asset markets.
Michael Saylor’s Strategy purchased 155 bitcoin for about $18.0 million at an average price of roughly $116,401 per coin. Year-to-date 2025, the company reports a 25.0% BTC yield. As of August 10, 2025, Strategy holds approximately 628,946 BTC. The total cost of its stack is around $46.09 billion, implying an average acquisition price near $73,288 …
ZORA is the talk of the crypto town for its jaw-dropping price surge. The token has risen 31.57% in the past 24 hours and a 1377% over the last month. The token hit a fresh all-time high of $0.1409 earlier today before a minor pullback. The run was fueled by whale accumulation, a wave of …