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Ether price action targets all-time highs amid excitement over BitMine's giant accumulation plan, shifting the focus away from rangebound Bitcoin.

#finance #news #monero #xmr #reorg attacks #51% attacks

Qubic says it has achieved hashrate dominance over Monero, sparking concerns over the future of the network's decentralization.

#bitcoin #bitcoin dominance #btc #xrp #xrp price #xrp news #xrpusd #xrpusdt #btc.d

In a recent post, CRYPTOWZRD highlighted that XRP ended the session on a bearish note as XRPBTC slipped in response to a rise in Bitcoin Dominance (BTC.D). However, the analyst anticipates a swift recovery rally from XRP, potentially setting the stage for the next trading opportunity in the near term. Bitcoin’s Strength Dictates XRP Price Action Sharing more insight, CRYPTOWZRD noted that both the daily chart for XRP and XRPBTC closed bearish on Monday. The move came as Bitcoin Dominance climbed, with Bitcoin’s price action playing a role in XRP’s action.  Related Reading: XRP Price Projection: 5 Key Things To Watch Out For As The Bull Market Unfolds He highlighted that for XRP to regain its bullish footing, XRPBTC must first turn positive — a development expected to happen soon. Once this alignment occurs, XRP’s performance will likely mirror the combined outcome of both Bitcoin and XRPBTC, setting the stage for a potential upside shift. Despite the current daily pullback, CRYPTOWZRD views the recent massive bullish weekly close as a strong underlying signal. From his perspective, short-term dips are a normal part of the broader trend and often provide a setup for the next move higher. This is why he remains optimistic about a swift reversal in the near term. Looking ahead, he plans to closely monitor the intraday chart formations tomorrow to identify the next scalp opportunity. If XRP can push above the $3.3 daily resistance level, CRYPTOWZRD believes the path to $3.65 will open quickly. Breaking that barrier could pave the way for XRP to chart a new all-time high, adding a powerful chapter to its ongoing bullish narrative. Volatility Persists As Traders Eye Key Levels In conclusion, CRYPTOWZRD emphasized that the intraday movement was characterized by sharp and frequent price swings, reflecting a market environment marked by uncertainty and rapid shifts in sentiment. Such volatility creates both opportunities and risks for traders, demanding careful observation and swift decision-making to capture profitable moves without falling into sudden reversals. Related Reading: XRP Price Poised for Fresh Upward Move Amid Renewed Bullish Pressure Looking ahead, he anticipates that tomorrow may bring a similar level of turbulence. A decisive hold above the $3.23 intraday resistance could provide a favorable long entry point, with the next major upside target set at the $3.4 resistance level. This zone could act as a significant barrier, but if broken, it may open the door to extended bullish momentum. Conversely, the analyst cautions that $3.02 stands as the primary support level to watch, and failure to hold above this area might lead to renewed selling pressure. Given these conditions, patience is key; waiting for the next well-formed setup will help avoid premature entries and improve the chances of a successful trade. Featured image from Getty Images, chart from Tradingview.com

AI systems are already ignoring shutdown commands. Decentralized audit trails are needed to prevent centralized AI from becoming humanity’s Skynet.

Stablecoin laws are popping up all over the globe, but their differences could spell trouble for cross-border crypto projects.

The Terraform Labs co-founder was indicted in 2023 on nine charges related to the collapse of the ecosystem, resulting in an estimated $40 billion in losses.

#news #policy #criminal #do kwon #terra ecosystem #breaking news

The 33-year-old Korean national said he "knowingly" participated in a scheme that defrauded purchasers.

#markets #news #technical analysis #ai market insights

Institutional interest emerges after sharp intraday swings send ICP down to multi-week lows.

#regulation

The guilty plea highlights the urgent need for stricter regulations and oversight in the rapidly evolving cryptocurrency market.
The post Do Kwon pleads guilty to defrauding crypto investors in $40 billion Terra collapse appeared first on Crypto Briefing.

#cryptocurrency market news

What if use cases are overstated, talk of financial instruments is largely exaggerated, and the main reason people like crypto is to generate USD? If you think that, you’re likely an unusually savvy investor. You might also be Crypto Chase (@CryptoChase), a well-known crypto influencer and trader on X. He recently posted an analysis of two increasingly strange observations: Bitcoin has been largely stagnant recently, struggling to finally break past the $120K barrier and stay there. Ethereum is rolling, posting 2% gains for the day, 20% for the week, and an incredible 45% for the month. Why the discrepancy? Why is Bitcoin – still by far the largest crypto – struggling to gain momentum, while Ethereum appears to be making wins all the time? Ethereum: The Chosen Means of Gains Chase’s theory is straightforward. Most people like crypto because it offers significant profits when the right conditions are met. Aside from memecoins – which can bring huge gains but tend to fail more often than they succeed – the best investment has been Bitcoin. With an average annual return of 230%, it’s been a reliable choice: just buy and hold. And what if that attitude – crypto to buy, generate USD earnings through appreciation, and sell to realize the earnings – is behind the recent surge in Ethereum? Chase argues that Ethereum’s smaller market cap has made it much more appealing as a way to increase its price quickly. He might be onto something; indeed, there has been a nearly unprecedented string of wins for Ethereum. 180 Life Sciences launches a $480M Ethereum treasury GameSquare, an existing $ETH treasury company, went public for $70M at $1.50 per share US Ethereum spot ETFs saw a cool $1.02B in net inflows on August 11, 2025 Put another way, Ethereum is definitely making its investors money – and making its creator a billionaire (again). And that, in the end, may be all that matters. With Ethereum’s rise set to continue for at least the near term, what are the best crypto to buy now? 1. Maxi Doge ($MAXI) – Crypto’s Original Big Dog Gets Even Bigger with Max Gains Once there was a Dogecoin. But not just any doge – this one woke up one day and decided to break away from the pack. No longer following the herd, this doge chose to hit the gym, get swole, and make gains. The result of his transformation is Maxi Doge ($MAXI), the meme coin equivalent of the beefiest guy at your local gym. $MAXI is here to make gains and win meme coin trades – and it has plenty of both. Holding $MAXI grants traders access to a leading community of meme coin enthusiasts, with rewards for those who identify the best leverage opportunities. A Maxi Fund also comprises 25% of the token allocation to support these opportunities. The Maxi Doge presale has raised over $744K so far, with tokens priced at $0.0002515. Visit the Maxi Doge presale page for all the details. 2. Snorter Token ($SNORT) – Sniff Out and Save On Solana Meme Coins Don’t miss the best meme coin investment opportunities – even if they trade underground on Telegram. With Snorter Bot and the Snorter Token ($SNORT), you’ll never miss the best chances. The Snorter Bot finds the low-cap gems and gives you all the tools to take advantage – from lightning-fast trades to rugpull and MEV protection. Automated sniping will put you in the best position to succeed, while honeypot detection keeps you safe from scams. In addition to the bot, $SNORT provides even lower trading fees and faster execution. Plus, buy and stake $SNORT during the ongoing presale to earn 144% on your tokens. The presale has already raised over $3M, with tokens priced at $0.1011. What is Snorter Token? It’s a crypto presale that we predict could go from its current level to $1.02 by the end of next year. Visit the Snorter Token presale page to learn more. 3. Ethereum ($ETH) – Today’s DeFi Leader is Tomorrow’s Bitcoin (For Now) We couldn’t finish the list without including Ethereum itself, could we? The world’s second-largest crypto holds a number of winning cards: a $530B market cap, a booming DeFi scene, ETFs going crazy, and the steady brilliance of Vitalik Buterin and the Ethereum Foundation with a steady stream of network upgrades and improvements. Crypto Chase thinks the market has chosen Ethereum. Perhaps that’s less of a choosing, and more of a happy combination of events. Either way, he’s not the only one who thinks that way. Importantly, Ethereum is being embraced by all aspects of the crypto ecosystem, from institutions (ETFs) to dedicated investors and traders (DeFi). Will the trend continue? Ethereum – Shift in Investor Philosophy Boosts Best Crypto Ethereum’s recent performance surge is more than just a hot streak. It reflects a shift in market psychology. With Bitcoin’s price momentum stalling, Ethereum’s smaller market cap, institutional adoption, and booming DeFi ecosystem have positioned it as the best vehicle for substantial gains. Ethereum’s rise threatens to reshape the crypto hierarchy. For now, it might just be the ‘new Bitcoin.’ As always, do your own research – this isn’t financial advice.

#news #crypto news

Circle, a publicly listed U.S. company known for its USDC stablecoin, has revealed plans to launch a new layer-1 blockchain later this year. Circle’s New Blockchain for Stablecoin Payments In a latest press release, Circle announced Arc, a new Layer-1 blockchain, designed to provide an “enterprise-grade foundation” for stablecoin payments, foreign exchange, and capital markets …

#markets #news #technical analysis #ai market insights

The Solana-based meme token saw heavy selling before late buying lifted prices off intraday lows

#markets #news #bnb #technical analysis #ai market insights

BNB’s price action, characterized by continued buying and retests of support levels, suggests potential institutional accumulation.

Corporate Ether buying accelerates as BitMine and SharpLink raise cash, with ETH nearing record highs and institutions targeting a larger share of supply.

#news #crypto news

The ongoing conflict between President Trump and Jerome Powell has taken a sharp turn, as Trump is now threatening legal action against the Fed Chair. Trump Blasts Powell Over Fed Building Costs In a latest post on Truth Social, Trump expressed his frustration with how Powell handled repairs on construction relating to Federal Reserve buildings …

#coins

Despite Coinbase CEO Brian Armstrong claiming the exchange's commercial is being censored, it's aired on Channel 4 YouTube videos. 

#xrp #xrp price #rsi #xrp news #xrpusd #xrpusdt #dark defender #relative strength index #elliott wave theory

The XRP price action is unfolding in line with a textbook Elliott ABC Wave pattern, signaling the potential for its next upward move. According to crypto analyst Dark Defender, the chart structure remains intact and could set the stage for a major rally if the current corrective phase completes as projected.  ABC Wave Pattern To Drive XRP To New Highs In Dark Defender’s latest XRP price analysis, the crypto expert outlined a clear Elliott Wave ABC structure on a 4-hour chart, suggesting a potential price surge to new highs if the formation completes. The setup began forming in July 2025 after XRP reached $3.66, marking the starting point for the corrective pattern on the “Dark’s Side” chart. From there, the price began retracing toward the anticipated $2.85 level, successfully establishing Wave A in line with the forecast.  Related Reading: Analyst Outlines How Production Cost Determines XRP Price, But Is It Better Than Bitcoin? By early August, XRP rebounded, climbing to $3.33 to form the B Wave top. As a result, Dark Defender’s chart structure remains intact, with the cryptocurrency now positioned in the Wave C phase. The analyst’s projection anticipates a price decline completing this corrective leg before XRP can initiate the next significant upward move.  Dark Defender’s chart also highlights critical price interaction points, including exact hits at $3.333 and $3.364 before a rebound. In addition, XRP’s Relative Strength Index (RSI) movements align closely with the wave progression, showing dips at key reversal points and its current momentum staying within the expected zone.  According to this wave framework, the next phase hinges on whether XRP can maintain its structure through the end of the corrective cycle. If it does, Dark Defender suggests that the technical setup could open the path for significant upward momentum, potentially positioning the cryptocurrency for its next bullish leg. The trajectory of the green arrow in the chart indicates a possible price rally above $3.8. With XRP trading at $3.14 as of writing, this would represent a significant price increase of over 21%.  XRP Price Eyes $5.8 Breakout After Bounce In a follow-up post, Dark Defender noted that XRP bounced precisely from the $3.333 level before resuming its upward movement. This bounce occurred after the Elliott Wave corrective structure pushed prices down from recent highs.  Related Reading: XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed Next At the time of the analysis, XRP was trading near $3.06, positioned within a consolidation range that could extend toward the $3.05 area if $3.33 remains a barrier. As mentioned earlier, XRP’s price chart shows an ABC corrective wave in play, with the cryptocurrency now in the middle of the ‘B’ leg’s development.  If the $3.33 resistance is decisively cleared, the analyst projects a rapid acceleration toward higher short-term targets at $4.39 and $5.85. At current market prices, this would represent a significant surge of roughly 39.8% and 86.3%, respectively. Dark Defender also notes that support remains firm at $3.05 and $3.00, marking key levels where buyers are expected to step in should prices retrace. Featured image from Getty Images, chart from Tradingview.com

Discover the institutional potential of restaking and the path to broader integration.

#markets #news #bitcoin #glassnode

Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.

Cointelegraph presents “The Fight for Ethereum’s Soul,” a documentary on the future of the smart contract blockchain protocol.

The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Cointelegraph.

This guide shows how to turn ChatGPT into your warning system for altcoin pumps, using smart prompts, trend tracking and risk filters to stay ahead of the curve.

Hex Trust has integrated Tezos-based Etherlink to offer institutional custody for xU3O8, a tokenized uranium asset listed on multiple exchanges.

#technology #usdc #stablecoins #tokens #circle #arc

USDC stablecoin issuer Circle has announced plans to launch Arc, its own enterprise-focused Layer 1 blockchain, according to an Aug. 12 statement. According to the firm: “Arc aims to establish itself as foundational infrastructure for regulated money movement, supporting a globally distributed financial system.” Circle said Arc will integrate fully with its existing platform while […]
The post Circle to launch L1 blockchain called Arc sparking concerns over centralization and governance appeared first on CryptoSlate.

#ethereum #price analysis #altcoins #crypto news

The LDO price is advancing higher in August and has increased by over 70% this past week. Currently, it trades near $1.53, and it has a strong, growing bullish bias.  Backed by positive on-chain developments, chart patterns, and improving fundamentals, the Lido DAO’s outlook appears very promising. Also, the exploding Ethereum price today further reinforces …

#crypto news #short news

Grayscale has introduced two single-asset investment trusts, giving investors direct access to the DEEP and WAL tokens. DEEP powers DeepBook, a decentralized order book for high-speed, efficient trading, while WAL drives Walrus, a secure, scalable on-chain data storage solution. Both protocols are part of the Sui blockchain, known for its low fees, fast transactions, and …

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin rally #bitcoin news #bitcoin data #btcusdt #bitcoin ath #bitcoin realized profit

Bitcoin is once again at the center of market attention, trading at critical price levels after a 9% surge since the start of August pushed it to just below its $123,000 all-time high. The rally has reignited the bull-vs-bear debate, with analysts split on where BTC heads next. Some believe the momentum will be enough to break through resistance and set fresh record highs, while others warn of a looming deeper correction if buying pressure falters. Related Reading: Ethereum Bullish Fundamentals Clash With Short-Term Leverage Risks Adding to the intrigue, key data from CryptoQuant shows that despite Bitcoin’s climb to this milestone, the Realized Profit and Loss (P&L) Ratio remains close to its historical average. This metric, which measures the magnitude of gains or losses realized by market participants, suggests the current uptrend is not yet in the overheated territory that often precedes sharp reversals. For bulls, this could indicate room for further upside without excessive risk of a rapid downturn. For bears, it’s a reminder that Bitcoin’s long-term trend remains intact but vulnerable to sudden shifts in sentiment. With volatility still defining the crypto landscape, the next moves around this level could shape Bitcoin’s trajectory for the rest of the year. Bitcoin Faces Pivotal Test As ATH Breakout or Rejection Looms According to top analyst Axel Adler, Bitcoin’s current market structure presents a much lower risk of a sharp trend reversal compared to previous peaks in the Realized Profit and Loss (P&L) Ratio. In past cycles, this metric often spiked to overheated levels before major pullbacks, signaling that market participants were taking excessive profits all at once. Today, however, the P&L Ratio remains closer to its average range, indicating a more balanced market environment despite Bitcoin trading just below its $123,000 all-time high. This suggests that while volatility remains a constant in the crypto space, the immediate probability of a dramatic downturn is lower than in past overheated phases. Still, Adler emphasizes that Bitcoin is entering a critical price range where market direction will be decided. Breaking above the all-time high is essential for the uptrend to continue, as such a move would likely trigger a new wave of momentum buying and potentially set the stage for fresh record highs. On the other hand, failing to clear this level—especially after multiple attempts—could result in a sharp correction or an extended period of sideways consolidation, testing investor patience. Other analysts highlight the contrast between Bitcoin’s strong long-term fundamentals and the current market indecision. On-chain data points to healthy accumulation trends, steady network activity, and relatively contained leverage in derivatives markets—all signs of underlying strength. Yet, uncertainty over macroeconomic conditions, regulatory developments, and short-term profit-taking continues to weigh on sentiment. Related Reading: Bitcoin Open Interest Flips Negative After July Peak – Risk Appetite Cools BTC Price Analysis: Testing Critical Resistance Bitcoin’s price action shows a decisive rally since early August, climbing nearly 9% and approaching the all-time high at $123,217.39. On the 8-hour chart, BTC faced strong rejection near this resistance, pulling back to the $118,500 area. The recent move marks the second approach toward this level in the past three months, highlighting its importance as a critical breakout point. The chart also reveals that BTC remains above its key moving averages — the 50 SMA ($116,605), 100 SMA ($117,340), and 200 SMA ($112,019) — reinforcing the underlying bullish structure. The 50 SMA has recently crossed above the 100 SMA, a short-term bullish signal suggesting continued upward momentum if buyers can sustain pressure. Related Reading: Altseason Still On Hold – Metrics Reveal BTC Outpaces Large, Mid, Small Caps However, the failure to break above the $123K level could lead to renewed selling pressure, with potential retracements toward the 100 SMA or even the 200 SMA if momentum fades. A confirmed breakout above $123K would likely trigger a new wave of buying, pushing BTC into price discovery and setting fresh record highs. Featured image from Dall-E, chart from TradingView

BlackRock’s iShares Bitcoin Trust ETF leads with $57.4 billion in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund with $12.1 billion.

#news #policy #donald trump #football #white house #crypto legislation #bo hines

The White House's crypto group will apparently be led again by an ex-college football star-turned-politician, though this one has some deeper DC roots.

#exchange news #short news

Crypto.com and VivoPower have announced a strategic partnership where Crypto.com will provide custodial services to support VivoPower’s expanding digital asset treasury and mining operations. Through this collaboration, VivoPower’s shares will be accessible for trading on platform, reaching its 150 million users. Shareholders will also benefit from enhanced liquidity in XRP and other digital assets, alongside …