Eliza Labs founder Shaw Walters said that xAI demanded more licensing fees from the agentic AI platform or face possible legal action.
Ethereum is staring down one of its most significant supply risks as more than 1 million ETH, valued at $5 billion, lines up for withdrawal from staking. The unprecedented exit queue has ignited debate over whether the network could face a wave of selling pressure or if the movement marks a rotation of capital within the Ethereum ecosystem. Ethereum Sees Record Validator Exodus Ethereum faces what analysts describe as the largest validator exit events in its Proof of Stake (PoS) history. Blockchain data from ValidatorQueue shows more than 1 million Ether, worth roughly $5 billion, awaiting withdrawal. Notably, validators, who play a central role in securing the network by adding new blocks and verifying transactions, have lined up to withdraw their tokens. This surge in exits has pushed the waiting period to a record of 18 days, as of writing. Related Reading: Ethereum Enters Price Discovery With ATH Breakout, Why $18,000 Is Possible Etherscan also reports that on August 20, Ethereum’s validator exit queue surged past 916,000 ETH, the highest level in over a year. That figure ballooned to more than 1 million in less than two weeks, highlighting the rapid acceleration of withdrawals. At the same time, however, Ethereum’s entry queue also expanded—rising from just 150,000 ETH to over 580,000 ETH—creating a net staking increase of about 200,000 ETH in the past week. The timing of this upcoming withdrawal coincides with Ethereum’s significant price growth, which has seen the cryptocurrency gain more than 72% over the past few months. A substantial share of this pending Ether could be sold as stakers lock in profit after a rally. Moreover, if a large fraction of the $5 billion supply is unloaded on the open market, ETH could experience a sharp wave of sell pressure. However, while headline figures appear alarming, analysts caution against assuming that all withdrawn Ether will be dumped. Crypto market expert Joe Swanson notes that institutional buyers and Ethereum ETFs have been absorbing substantial amounts of ETH, thereby cushioning the potential downside. He argues that although the exit queue suggests short-term turbulence, the cryptocurrency’s long-term trajectory remains bullish, with projections still targeting levels above $5,000. Exits Signal ETH Market Rotation, Not Abandonment ValidatorQueue’s data highlights that while the exit queue surpasses 1 million, the entry queue sits above 726,000. This implies a net staking outflow of over 320,000 ETH, indicating a possible rotation of capital rather than wholesale abandonment. Related Reading: Machine Learning Algorithm Predicts Ethereum Price Will Cross $9,000, Here’s When Supporting this, crypto expert Minal Thukral stressed on X that the spike in the ETH validator queue should not be misinterpreted as a crisis. Thukral noted that Ethereum’s protocol is designed to intentionally rate-limit exits to ensure network stability, meaning congestion may not be the issue. According to the analyst, validator exits are better understood as capital rotations. He explained that large stakers are likely reallocating funds into liquid staking services, restating, or adjusting positions in anticipation of ETFs. At the same time, demand to enter the staking queue remains strong. This interplay between exits and entries paints a picture of a maturing market, with the real question being where the withdrawn ETH will flow next. Featured image from Pixabay, chart from Tradingview.com
Hyperliquid has begun to chip away at Binance's derivatives dominance, with the Hyperliquid-to-Binance volume ratio reaching 13.6% in recent monthly measurements.
The lawsuit's dismissal may bolster investor confidence in the company's Bitcoin strategy, despite past unrealized losses and market volatility.
The post Strategy investors dismiss lawsuit against the company over $6B Bitcoin unrealized loss appeared first on Crypto Briefing.
Bitcoin (BTC) holding patterns suggest a potential resumption of the uptrend starting in late September 2025, as long-term accumulation data reveals evolving market dynamics driven by institutional adoption and policy catalysts. CryptoQuant Korean Community Manager Crypto Dan’s analysis reveals that the current cycle differs from previous bull markets due to extended timeframes and flattening momentum […]
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Institutional investors now have their first exposure to Hyperliquid’s native token through a Europe-listed crypto ETP.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
During a recent interview on Fox Business, VanEck CEO Jan van Eck shared his view on which cryptocurrency he believes has become the top choice among Wall Street investors. He made it clear that the answer is not XRP, a token many expected to fill that role. According to him, Ethereum is becoming the primary choice for banks and large financial companies due to the rise of stablecoins and digital currencies, and institutions that want to remain competitive cannot afford to ignore it. Ethereum Crowned The “Wall Street Token” By VanEck CEO Jan van Eck said Ethereum is the blockchain network to which Wall Street institutions are increasingly turning as its smart contracts and staking features provide practical applications in finance. According to the VanEck CEO, this may be why the digital currency is becoming an integral part of today’s financial systems, with institutions already using Ethereum for stablecoin payments, decentralized finance projects, and tokenized assets. Related Reading: Bitcoin OG Who Told People To Buy BTC At $1 Reveals How High XRP Price Will Go Data shows that over 19 public companies are holding 2.7 million ETH in their treasuries. Many of these companies are utilizing staking to generate a steady income. Investment advisers are also involved, with $1.3 billion in Ether ETF exposure, and Goldman Sachs accounts for more than half of that amount. VanEck itself has joined this trend. The global investment management firm launched its Ethereum ETF in July 2024 and now manages over $4 million in assets. While the fund tracks Ether’s price without holding the actual tokens, it underscores the CEO’s confidence in Ethereum’s long-term role in global finance. Stablecoin Boom Solidifies Ethereum’s Institutional Role Van Eck also connected Ethereum’s rise to the rapid expansion of stablecoins. He points to the GENIUS Act, a new law passed earlier this year that gave banks and institutions greater confidence in using stablecoins backed by the U.S. dollar. The law brought stablecoins into the regulated financial system, and Van Eck said this has only strengthened Ethereum’s role as the backbone of digital finance. Related Reading: Pundit Says Bitcoin Price Crash Is Not Over, Why A Decline Below $100,000 Is Coming “Every bank and every financial services company has to have a way of taking in stablecoins,” Van Eck said. He added that banks will eventually have to build on Ethereum or on chains that use “Ethereum-kind of methodology.” Currently, Ethereum controls over 50% of the $280 billion stablecoin market, and experts say this figure could grow into the trillions in the coming years. Van Eck says Ethereum could benefit the most from the adoption of stablecoins by more banks and institutions. For the VanEck CEO, Ethereum is more than an altcoin; it is now the network at the center of the future financial world. That is why he called it the “Wall Street token” and predicts that it will play a leading role in the stablecoin and digital dollar revolution. Featured image from DALL.E, chart from TradingView.com
Crypto markets are seeing a “natural rotation” into Ether and altcoins with more potential upside, Nansen’s research analyst told Cointelegraph.
Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement. The purchase will be spread across five months from September 2025 through February 2026. According to the firm, the move is designed to give Gumi […]
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The Ethereum Foundation is pausing its grants programs, initially launched in 2018, as it rethinks its spending strategy.
Ethereum’s roadmap is entering a “critical inflection point,” say Bitfinex analysts, with the valuation trading at a relative discount compared to Bitcoin.
The lawsuit specifically alleged that Strategy overstated the profitability of its bitcoin investment strategy and treasury operations.
Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.
Eric Trump laid out a bluntly bullish, supply-and-demand case for why Bitcoin can reach $1 million, arguing that accelerating institutional access collides with Bitcoin’s fixed 21 million-coin cap, during a “Bitcoin Takes Over the World” session with David Bailey at the Bitcoin Asia conference in Hong Kong on August 29. Bitcoin’s Path To $1 Million Is ‘No Question’ “Everybody wants Bitcoin. Everybody is buying Bitcoin. And that’s uh that’s an incredible thing. And that’s why I’ve always said that I really believe that in the next several years, Bitcoin will hit a million dollars. There’s no question Bitcoin hits a million dollars,” Trump told the audience, adding that “every person who wants an asset class and you have a very limited supply… it doesn’t take a genius to figure out where that goes.” He urged long-term accumulation over timing: “Buy right now. Shut your eyes. Hold it for the next five years and you are going to do terrifically well.” Trump also recounted his private discussions with high-level investors in the lead-up to the conference: “When you’re in the room with certain people and and I had breakfast this morning with, you know, a couple of the most powerful people in the region and the hospitality space and you’re literally sitting there trying to explain to them what digital currency is, you realize how early we all are to this race […] I hear from people all the time, you know, should I get into cryptocurrency? Did I miss it? Am I too late? And I literally start laughing at them. I go, we haven’t even scratched the surface of what Bitcoin is going to be.” Related Reading: Bitcoin And The September Curse: Can This Time Be Different? Trump’s core thesis combined two pillars: finite issuance and broadening distribution rails. He repeatedly emphasized Bitcoin’s provable scarcity—“There’s only 21 million coins… It’s finite. And that’s what makes it so damn powerful”—while asserting that channels for ownership have widened to large pools of capital. “In America, people are buying it for their retirement plans for the first time… you’ve got trillions of dollars of liquidity that’s opening up,” he said, citing custody at “major financial institutions,” as well as uptake by “the biggest banks,” “the biggest families,” “Fortune 500 companies,” and “sovereign wealth funds.” According to Trump, those cohorts are long-term holders: “Those retirement accounts are not letting Bitcoin go. Those companies are not letting Bitcoin go. Those sovereign wealth funds are not letting Bitcoin go.” Pressed on what he is hearing in high-level rooms globally, Trump offered another anecdote—without naming the country—about a leader who “literally [takes] the entire energy supply of a major city in the middle of a winter and uses it to mine Bitcoin because that’s how much they believe in the asset.” He added, “You realize how early we all are […] more and more people are finding their inroads,” pointing to improving exchange usability and new consumer on-ramps. “We’re literally trying to get cryptocurrency to the masses,” he said about World Liberty Financial. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns Trump also highlighted his own commercial exposure to the sector. He described American Bitcoin as “one of the biggest Bitcoin mining companies on Earth,” claiming it produces “about 3% of the world’s Bitcoin every single day,” operates from “some of the cheapest energy in the world… in Texas,” and targets a “rough cost per… mining of Bitcoin… about $37,000,” with plans to list on Nasdaq “very soon.” Beyond mining, he praised his involvement with MetaPlanet alongside Simon Gerovich—whom he dubbed “the Michael Saylor of Asia”—saying the company had “single-handedly changed… the way [Japan and] a lot of Asia” view Bitcoin. The conversation returned repeatedly to Bitcoin’s evolving utility narrative. While calling Bitcoin “digital gold” and “the greatest store of value that’s arguably ever been created,” Trump argued its use cases are broadening: “Every single day they’re figuring out new ways to kind of stake it, to get yield on it, to use it for everyday purchases […] you’re taking this digital gold […] and you’re putting massive utility behind Bitcoin.” He framed volatility as an ally for long-term buyers—“Volatility is our friend”—and, with a wink to Michael Saylor’s famous extremism, quipped, “I know obviously he jokes when he says that, but he’s right. Buy it, hold it, and I think you’re going to do extremely well.” At press time, BTC traded at $110,149. Featured image created with DALL.E, chart from TradingView.com
The market appears influenced by billions of dollars rotating from BTC to ETH with Bitcoin down 8% and Ethereum up 14% in the past month.
After awarding millions of dollars, the Ethereum Foundation is overhauling its Ecosystem Support Program, shifting from open applications to a curated model.
Bitcoin just fell under $109,000, its lowest level since July 9. This has raised fresh questions about whether the market is entering a deeper correction or simply cooling off after months of strong gains. Another important shift is in Bitcoin dominance, which has started to fall. Historically, when dominance drops, altcoins tend to outperform. Bitcoin …
XLM slid from $0.39 to $0.36 in a volatile 24-hour session, though institutional buyers helped the token rebound from intraday lows.
The film's release could spark renewed interest in Bitcoin's origins, influencing public perception and potentially impacting crypto markets.
The post New Bitcoin thriller ‘Killing Satoshi’ expected to drop in 2026; Oscar-winner Casey Affleck in the lead appeared first on Crypto Briefing.
Despite Ether’s 12% drawdown from all-time highs, there is hope for the bulls as new data suggests that the ETH price could still rise higher in 2025.
The cryptocurrency market saw a sharp downturn in the past 24 hours, with total market capitalization dropping 3.87% to $3.75 trillion, according to CoinMarketCap data. Bitcoin dropped 3.77% to trade near $108,675. Ethereum also fell nearly 4%, sliding to $4,340. Among the top coins, XRP was one of the hardest hit, tumbling more than 5% …
HBAR slid 5% in 24 hours as heavy selling pressure tested key support, even as a new CFTC advisory opened fresh trading avenues for U.S. crypto users.
The Ethereum Foundation has paused new grant applications to its Ecosystem Support Program (ESP) as it reconsiders how it funds builders and projects. The pause, announced Aug. 29, comes as the Foundation restructures its approach to ecosystem development and looks to align its grantmaking with longer-term priorities. A detailed roadmap outlining new funding priorities is […]
The post Ethereum’s $3M grassroot grant program suddenly paused as Foundation rethinks priorities appeared first on CryptoSlate.
Crypto analyst XForce has set a $20 target for the XRP price. The analyst also highlighted two scenarios that could play out from here for the altcoin to reach this price target. XRP Price Eyes Rally To $20 In This Market Cycle In an X post, XForce declared that $20 remains the primary cycle target for the XRP price. He noted that the altcoin still faces strong resistance at the $4 level, but this does not alter the overall bullish outlook on the macro level. The analyst then went on to mention a strong impulse continuation and Wave 1-2 Flat continuation as the two scenarios that could play out for the altcoin. Related Reading: XRP Historical Performance Points To 200% Rally To $9.63 In another analysis, XForce provided an update on the macro trend for the XRP price, noting that it still has plenty of room for its bullish continuation. He further remarked that XRP is bullish as smart money is currently accumulating the token, while others are afraid that this is the market top. Based on his analysis of the macro count, XForce admitted that there is the short-term possibility of a pullback for the XRP price. However, he remarked that it doesn’t change the implication of the macro count, which shows there is still a lot of room to the upside. The analyst added that there is currently no indication that XRP will experience pullbacks of up to 60% to 70%, as it did in previous cycles. Instead, he believes that the current XRP price level will act as the base for the Wave 3 impulsive move to the upside. XForce also noted that XRP had a long period of consolidation before its bull run began, which makes it unlikely that it has already topped. The analyst then stated that $10 to $20 is his conservative target for the altcoin, while there is the possibility that it could reach $40 if the bull run extends. A Breakout Is Imminent For XRP In an X post, crypto analyst CasiTrades stated that a breakout is imminent for the XRP price as it continues to hold its consolidation pattern. She revealed that price action is tightening right to the apex and that there isn’t much time left before a major breakout. Meanwhile, XRP recently tested the bottom trendline of the consolidation and showed a strong reaction right to the top. Related Reading: XRP Price To Rally 5,600% To $200? Crypto Analyst Lays Out The Possibilities CasiTrades noted that this further strengthens the consolidation pattern since no new lows were made, and that the count and macro extensions remain valid. The analyst then mentioned that the apex of this entire consolidation is the .382 support at $2.99. She added that a strong breakout through $3.08 and a backtest of that level as support would confirm bullish continuation. At the time of writing, the XRP price is trading at around $2.90, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Tether’s share of the stablecoin market has dropped below 60% for the first time in more than two years, signaling a shift in an industry that continues to expand at unprecedented rates. Data from DeFiLlama shows the issuer’s market dominance fell to 59.55%, its lowest level since March 2023, even as the broader stablecoin sector […]
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The growth stems from USDe's unique value proposition as a yield-bearing, crypto-native stablecoin that generates returns through delta-neutral hedging strategies.
Bitcoin bulls watch as a bullish RSI divergence fails to stem the bleed in BTC price action, which risks losing $108,000 next if the bears gain momentum.
The Tron blockchain is preparing for its steepest fee reduction since launch, following a community vote by its Super Representatives (SRs). On Aug. 29, Tron founder Justin Sun confirmed that the blockchain network’s community has backed a proposal to lower fees by 60%. This adjustment, scheduled to take effect later today, aims to lower transaction […]
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Bitcoin has entered a consolidation phase after reaching $124,500 earlier this month and retracing below the $115,000 mark. The sharp move higher followed by weeks of sideways action has left the market in a state of uncertainty, with traders watching closely for the next decisive move. For many analysts, this consolidation is not a sign of weakness but rather a natural pause before the next leg higher. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns A push above the all-time high would be the clearest confirmation that the next wave of growth has begun. Momentum, however, remains dependent on whether buyers can reclaim lost ground and sustain pressure against resistance levels. Despite short-term caution, onchain signals suggest the broader cycle is still building toward expansion. According to key data shared by CryptoQuant, the Bitcoin Composite Probability points to an early accumulation phase. Historically, such phases occur before major breakouts, when patient investors quietly build positions while price consolidates. This indicator aligns with the idea that the market is resetting before another surge. Bitcoin Market Structure Points To Early Accumulation According to top analyst Axel Adler, Bitcoin’s current cycle can be broken down into clear phases of accumulation and distribution. The index highlights two major accumulation points: the first in March 2023, when Bitcoin traded around $22,000, and the second in August–September 2023, near the $29,000 level. These zones marked periods when long-term holders and new entrants quietly built positions before the next leg upward. Following these accumulation phases, Adler identifies five distribution waves where profit-taking dominated: first between $34,000 and $44,000, then at $62,000, followed by $90,000, $109,000, and most recently at $118,000. Each wave represented a step higher in the market structure, but also a point where sellers gradually released supply back into the market. Currently, CryptoQuant’s composite places Bitcoin at a Probability of 38% with a Min-Max of 31%, which he defines as the “repair zone.” This phase, also referred to as digestion or base formation, reflects early accumulation without yet confirming an upward reversal. In other words, while the groundwork for a new rally may be forming, conviction from buyers has not fully returned. For investors, this repair zone carries important implications. Historically, such phases have preceded new bullish waves, offering opportunities for those willing to accumulate before momentum shifts. As Bitcoin consolidates below its highs, Adler suggests that the market may be quietly preparing for continuation — a reminder that consolidation often sets the stage for the next decisive move. Related Reading: Bitcoin Normalized Address Activity Drops To 30%: Selling Pressure Eases Testing Pivotal Level As Downtrend Extends Bitcoin is trading around $109,800 after another sharp drop, reinforcing the selling pressure that has weighed on price action throughout August. The 4-hour chart highlights BTC’s continued struggle to regain momentum following repeated rejections near the $123,000 resistance zone. Each attempt to push higher has been met with heavy supply, leaving the market to trend lower in a series of lower highs and lower lows. Currently, BTC sits just above the $110,000 mark, a level acting as short-term support. However, the broader structure remains bearish, with price trading below the 50-day ($112,725), 100-day ($115,023), and 200-day ($115,831) moving averages. These technical levels now serve as overhead resistance, further complicating the path for bulls to stage a meaningful recovery. Related Reading: Bitcoin MVRV Compression Signals Pause – Market Digests Recent Volatility If Bitcoin fails to hold the $110,000 support, the next downside target lies near $108,000, with a deeper correction potentially extending toward $106,000. Conversely, a bounce from current levels would require reclaiming $112,000 to ease immediate pressure, while a decisive move above $115,000 would be essential to shift momentum back in favor of buyers. Featured image from Dall-E, chart from TradingView