The U.S. Securities and Exchange Commission (SEC) is currently reviewing several applications for XRP-based exchange-traded funds (ETFs). It is expected to announce its final decision on most of these applications by October 2025. But there are some factors that create a strong bullish environment that can improve the likelihood of XRP ETF approval soon. Three …
A crypto trader said early Bitcoin investors very likely wouldn’t have the conviction to hold onto the cryptocurrency for over a decade through its many sharp corrections.
An analyst has pointed out how Dogecoin has entered into a zone that kicked off major bull runs for the memecoin in the past. Dogecoin Is Trading Near Lower Level Of Historical Ascending Channel In a new post on X, analyst Ali Martinez has talked about how the weekly Dogecoin price has entered into a historically important buy zone. Below is the chart shared by Martinez, showing this trend. As is visible in the graph, the Dogecoin weekly price has roughly followed an Ascending Channel over the past decade. The “Ascending Channel” here refers to a technical analysis (TA) pattern that forms when an asset trades between two parallel trendlines angled upward. Related Reading: Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat? The upper line of the pattern tracks successive higher highs in the price, while the lower one connects higher lows. The former is considered to be a source of resistance and the latter that of support. Though, while this may be so, Dogecoin has dipped under the lower line of its long-term Ascending Channel a few times over the years, with the latest instance coming this year. That said, in each of these occurrences, the asset found support at a trendline a bit below the Ascending Channel’s lower level. The analyst has described the shaded area between the two lines as a “historically strong buy zone.” From the chart, it’s apparent that multiple major bull runs in DOGE found their start after the price retested this zone. At present, the token is trading inside the area, with recent attempts to re-enter the Ascending Channel ending up in failure. It now remains to be seen whether a breakout into the channel would follow for Dogecoin and potentially kick off another rally, or if this cycle would break the pattern. Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added The Ascending Channel is just one type of pattern with parallel trendlines that exists in TA. When the asset’s consolidation occurs toward the downside instead, the formation is known as a Descending Channel. As pointed out by Martinez in another X post, another memecoin, Pudgy Penguins (PENGU), has broken out of such a channel recently. As displayed in the above chart, the 1-hour price of Pudgy Penguins was sliding down inside the Descending Channel during the last two weeks, but it has just found a surge above its resistance line. “PENGU targets $0.041 after breaking out of a descending channel!” says the analyst. DOGE Price At the time of writing, Dogecoin is trading around $0.21, up almost 4% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
Ripple Labs and the SEC filed a joint stipulation of dismissal for their appeals, bringing the five-year SEC vs. Ripple case to a close. This agreement leaves in place the 2023 ruling that XRP secondary market sales aren’t securities, but maintains Ripple’s liability for institutional sales. Each side will bear its legal costs. However, the …
A cybercrime group dubbed “GreedyBear” has stolen over $1 million in crypto using hundreds of fake wallet extensions, malware types and scam websites, Koi Security said.
After months of ups and downs, Bitcoin miners are finally under less pressure to sell. CryptoQuant analyst Axel Adler Jr says the market is now out of its “stress zone,” but it’s still not showing the big rallies we’ve seen before. He also warns that the $115,000 level could be a danger zone for the …
Pump.fun has introduced the Glass Full Foundation to provide substantial liquidity support to its most active and promising communities. The foundation’s goal is to speed up development on the Solana network by backing several projects already, with more funding planned in the future. This initiative aims to drive innovation and strengthen the Solana ecosystem through …
Tornado Cash co-founder Roman Storm faces decades in prison if prosecutors retry deadlocked charges in a high-profile case.
A memecoin group said it’s behind a recent trend of sex toys being thrown during WNBA games, which has seen two men arrested for allegedly taking part.
Pi Network is seeing a slight recovery today, with its price up over 5% and currently trading at $0.3662. While this may be a relief for holders, the token is still down more than 21% over the past 30 days. The bigger picture shows how steep the fall has been. On February 26, 2025, just …
Tron (TRX) has recorded notable price gains over the past month, rising by nearly 20% in the past 30 days. Currently trading at around $0.3392, the asset has also posted a 1.5% gain in the past 24 hours. These developments occur amid growing on-chain activity, particularly driven by the increased use of the TRON network for Tether (USDT) transactions, positioning the blockchain as a major player in the stablecoin infrastructure space. One of the key observations has been the network’s sharp rise in USDT transaction volume. According to CryptoQuant contributor Arab Chain, TRON processed over 8.29 million USDT transactions in the week ending August 3, 2025. This figure not only indicates heightened activity but also reveals the diversity of transaction sizes across the network. Transfers between $101 and $1,000 made up the largest proportion at 38.66%, with significant activity also observed in transactions exceeding $1,000. Related Reading: TRON Inc. Plans $1B Buyback of 3.1B TRX Tokens Amid Price Resilience at $0.33 TRON’s Dual Adoption: Retail and Institutional Activity on the Rise Arab Chain emphasized that this distribution highlights TRON’s appeal across different user groups. The presence of mid-sized transactions suggests usage by freelancers, online vendors, and remittance users. In contrast, the substantial number of larger transactions implies participation by institutional traders, high-net-worth individuals, and potentially corporate entities. The analyst also noted a decline in transactions below $10, suggesting a reduced reliance on micro-payments or testing activity and a pivot toward practical use cases. The growing use of TRON for real-world settlement purposes is reinforced by its infrastructure, which supports low-cost, high-volume stablecoin transactions. Unlike networks that cater predominantly to large institutional transfers, TRON’s environment facilitates both high-frequency and high-value transfers. Arab Chain stated that this makes TRON a core component in enabling digital commerce, payroll systems, and cross-border payments. Meanwhile, CryptoQuant analyst Burak Kesmeci linked TRX’s recent momentum to regulatory developments in the United States. On July 18, 2025, the US Congress passed the GENIUS Act, marking the first formal federal regulatory framework for payment stablecoins. Kesmeci noted that this legislation provides a clearer legal foundation for dollar-backed digital assets by establishing guidelines for anti-money laundering (AML), consumer protection, and financial stability. Post-GENIUS Act: TRON Expands USDT Dominance Following the passage of the GENIUS Act, TRON moved swiftly to expand its footprint. According to Kesmeci, approximately $1 billion worth of new USDT was minted on the TRON network shortly after the bill became law. This increased TRX’s share of the total circulating USDT supply to over 83 billion out of 163 billion, accounting for approximately 51% of all USDT in circulation. The analyst suggested that this reinforces TRON’s position as the leading blockchain for stablecoin transfers. The GENIUS Act may catalyze stablecoin adoption in the US, with TRON expected to benefit due to its efficiency in handling stablecoin transactions. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? As more institutions and users seek reliable, low-fee solutions for digital payments, TRON’s role in the growing ecosystem of tokenized dollars might just continue to expand. Featured image created with DALL-E, Chart from TradingView
President Trump has signed two key executive orders aimed at protecting Americans and promoting crypto. One order stops banks from refusing services due to political, religious, or crypto-related reasons, directing regulators to address unfair banking discrimination. The other opens the $12.5 trillion 401(k) retirement market to cryptocurrencies and alternative investments, offering more options for retirement …
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have officially ended their nearly five-year legal dispute by jointly dismissing all remaining appeals in the XRP case. The 2023 court ruling stands: XRP sold on public exchanges is not a security, though some institutional sales were classified differently. Ripple agreed to pay a $50 …
Animoca Brands has partnered with Standard Chartered Bank and HKT to launch Anchorpoint Financial Limited. The new venture is set to apply for a stablecoin issuer license under Hong Kong’s recently implemented Stablecoins Ordinance, which came into effect on August 1. By combining their strengths in blockchain, banking, and telecom, this joint effort aims to …
Crypto trading platform Kraken now allows American users to make instant USD deposits via PayPal. The integration has already shown strong traction during its soft launch, with over $1 million in deposits already processed. Kraken Facilitates Seamless Transaction With PayPal The new feature allows US clients to facilitate speedy trading without the need for traditional …
Ethereum co-founder Vitalik Buterin has welcomed the rise of ETH treasury companies, saying they open the door for a broader range of investors to gain exposure to ETH. However, he cautioned that the trend could backfire if it turns into an “overleveraged game.” Speaking on the Bankless podcast, Buterin noted that these treasury firms, public …
Dogecoin started a fresh increase from the $0.1950 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.2250. DOGE price started a fresh increase above the $0.2120 level. The price is trading above the $0.2150 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.2250 and $0.2350 resistance levels. Dogecoin Price Regains Traction Dogecoin price started a fresh increase above the $0.2020 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.2120 and $0.2150 resistance levels. There was a clear move above the $0.220 level. Finally, the price tested $0.2250. A high is formed at $0.224 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. Dogecoin price is now trading above the $0.220 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.2150 on the hourly chart of the DOGE/USD. Immediate resistance on the upside is near the $0.2250 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2650 level. The next major stop for the bulls might be $0.2780. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2250 level, it could start a fresh decline. Initial support on the downside is near the $0.2175 level. The next major support is near the $0.2150 level. The main support sits at $0.210 or the 50% Fib retracement level of the upward move from the $0.1956 swing low to the $0.2243 high. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.2050 level or even $0.2020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2175 and $0.2150. Major Resistance Levels – $0.2250 and $0.2320.
Ethereum (ETH) is attempting to break out of a crucial resistance level after recovering from last week’s lows. Some analysts suggested that the cryptocurrency is repeating past breakout playbooks, which could lead to a new high this quarter. Related Reading: Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead? Fourth Time’s The Charm? On Thursday, Ethereum retested the $3,850 level after recording a 6.3% surge in the daily timeframe. The surge was fueled by news of President Donald Trump’s alleged plan to sign an executive order that would allow private equity, real estate, cryptocurrency, and other alternative assets investments in 401(k) plans. The executive order would reportedly direct the Department of Labor (DOL) to revise the guidelines related to alternative asset investments in retirement plans, opening the doors to the $12.5 trillion industry. Notably, the King of Altcoins has been trading between the $3,400-$3,800 price range since the mid-July breakout, attempting to break out from the last “major resistance” zone three times during this period. Last week, ETH surged to a seven-month high of $3,941, briefly trading above the key resistance zone before retracing to its local range. The start-of-August correction saw the cryptocurrency retreat to the range lows, retesting the $3,350-$3,400 area as support. Ethereum attempted to reclaim the range highs as this week started, trading in the $3,600-$3,700 mid-zone for the past three days. However, today’s pump saw the second-largest crypto surge past the $3,800 area and retest the $3,850 local resistance. Following its recent performance, analyst Alex Clay considers that ETH’s correction “seems to be over.” He highlighted an 18-month descending broadening wedge on the daily chart, affirming that a “breakout is imminent” as the cryptocurrency neared the formation’s upper boundary. Ethereum To Hit New Highs Soon Analyst Ted Pillows affirmed that ETH is “just one bullish candle away from a major breakout,” highlighting the similarities between its May-June setup and its current one. Following the May breakout, Ethereum traded within its local range, failing to break above the $2,700 resistance multiple times before its June bull and bear traps. Following the fake-out and retest of the lows, the cryptocurrency broke out of its range and hit a new yearly high in the following weeks. Similarly, ETH has been trading within its current range after the July breakout, as the analyst’s chart shows, retesting the local resistance before the late July bull trap. After the early August bear trap, the King of Altcoins is now retesting the $3,850-$3,900 area. A breakout from this zone could propel the price above the $4,000 barrier if history repeats. Based on this, the analyst suggested that a $5,000 target is possible before the quarter ends. Meanwhile, Rekt Capital highlighted that the Ethereum Dominance (ETHDOM) has surged above the 12% level in an uptrend for the first time in five years. Related Reading: Solana To Drop Before The ‘Real Move’? Analyst Forecasts New Highs In Q3 He noted that the last time ETHDOM rallied to this area was in July 2020, when it consolidated between the 12% to 16% zone for months before breaking out in 2021. According to the analyst, ETHDOM is now challenging to transition into a similar consolidation phase. As of this writing, ETH trades at $3,826 in the one-week chart, a 48% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
CleanSpark’s results for its Q3 saw revenues reach nearly $200 million, jumping 91% from the same time a year ago.
Two Seas Capital is challenging Core Scientific’s $9 billion sale to CoreWeave, arguing the terms significantly undervalue the miner.
In a surprise turn, Ripple and the U.S. Securities and Exchange Commission have officially ended their long-running court fight. Following a vote by the Commission, both sides filed directly with the Second Circuit Court to dismiss their appeals. This means the high-profile Ripple vs SEC case, which has stretched over several years, is now over. …
The crypto market has been moving up and down lately, leaving many traders unsure of what’s next. But legendary trader Michael van de Poppe isn’t holding back, he’s going all-in on altcoins. While some investors are still playing it safe after the altcoin season index dropped below 40, he believes the next few months could …
Memecoin hits 22-cents with explosive 1 billion+ trading volume during key breakouts as institutional interest builds.
XRP price is gaining pace above the $3.10 zone. The price is up over 10% and might extend gains above the $3.40 level in the near term. XRP price is showing bullish signs above the $3.20 zone. The price is now trading above $3.220 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.220 zone. XRP Price Rallies Over 10% XRP price formed a base above the $2.85 level and started a fresh increase, beating Bitcoin and Ethereum. The price gained pace for a move above the $3.10 and $3.15 resistance levels. The bulls pumped the price above the $3.20 level. Besides, there was a break above a bearish trend line with resistance at $3.00 on the hourly chart of the XRP/USD pair. It is up over 10% and trading above $3.30. A high is formed at $3.38 and the price is now signaling more gains since it is stable above the 23.6% Fib retracement level of the upward move from the $2.90 swing low to the $3.380 high. The price is now trading above $3.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.40 level. The first major resistance is near the $3.420 level. A clear move above the $3.420 resistance might send the price toward the $3.50 resistance. Any more gains might send the price toward the $3.550 resistance or even $3.620 in the near term. The next major hurdle for the bulls might be near the $3.750 zone. Are Dips Limited? If XRP fails to clear the $3.40 resistance zone, it could start a downside correction. Initial support on the downside is near the $3.250 level. The next major support is near the $3.150 level or the 50% Fib retracement level of the upward move from the $2.90 swing low to the $3.380 high. If there is a downside break and a close below the $3.150 level, the price might continue to decline toward the $3.10 support. The next major support sits near the $3.00 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.30 and $3.250. Major Resistance Levels – $3.40 and $3.420.
FxPro chief market analyst Alex Kuptsikevich said the rebound aligns with “growing appetite in the stock markets,” but warned that BTC is “trapped in a narrow range.”
Ether’s recent gain is the first step to potentially significant gains for altcoins as traders show a “risk-on appetite,” says crypto trader Michaël van de Poppe.
Bitcoin’s recent price action has drawn renewed attention as the asset attempts to rebound from last week’s decline. Following its July peak above $123,000, BTC experienced a downturn, hitting lows around $112,000 over the weekend. However, the latest data now suggest a gradual recovery in progress, with the cryptocurrency trading above $116,000 at the time of writing. Despite this modest rebound, some analysts are warning that underlying market sentiment could be pointing to a potential correction. Recent insights from contributors on the CryptoQuant QuickTake platform highlight signs of increasing optimism among traders, particularly on Binance. The balance between long and short positions is showing a distinct bias toward the long side, a pattern historically associated with short-term reversals. Related Reading: US Delay On Bitcoin Audit Is A Bullish Red Flag, Says Strike CEO Sentiment Indicators Raise Red Flags on Binance CryptoQuant analyst BorisVest recently discussed how sentiment on Binance, based on long-short positioning, has shifted notably into positive territory. According to BorisVest, the platform’s sentiment metric has shown a surge in long positions as BTC moved from $112,000 to $115,000. He noted that such spikes often coincide with price corrections. “The clustering of green bars in the sentiment chart suggests that traders are increasingly expecting prices to rise. However, excessive optimism tends to be countered by market corrections,” he explained. The analyst added that Binance, given its dominant share in trading volume, provides valuable insight into broader trader behavior. When the long position concentration grows during price increases, it may indicate a potential round of profit-taking. BorisVest stated that a meaningful correction would likely require BTC to fall below the $110,000 mark, which could offer more favorable re-entry points for buyers while restoring balance to the market structure. Bitcoin Leverage Data Shows Mixed Signals for Recovery In a related post, another CryptoQuant analyst, Arab Chain, examined the ongoing decline in Binance’s leverage ratio. Typically, a reduction in leverage is interpreted as a signal that overleveraged traders are exiting the market, thereby reducing volatility and risk of forced liquidations. “Lower leverage suggests less speculative behavior in the short term,” Arab Chain noted, “which often contributes to more stable price action.” Related Reading: Japanese Financial Giant SBI Moves Forward With Bitcoin-XRP ETF Application However, Arab Chain also pointed out that both leverage and price have been falling in tandem, which may reflect weak demand from spot buyers. This combination indicates that the recent downturn lacks sufficient buying support, raising concerns about the strength of Bitcoin’s current recovery. Featured image created with DALL-E, Chart from TradingView
XRP smashes resistance barriers as trading volume hits 300 million during peak institutional buying surge, with bullish chart patterns and a landmark legal resolution fueling upside bets.
A long straddle represents a bullish bet on volatility.
Ethereum price found support near the $3,650 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $3,920 zone. Ethereum started a fresh increase above the $3,750 and $3,800 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,750 zone in the near term. Ethereum Price Gains Over 5% Ethereum price started a fresh increase from the $3,650 support zone, beating Bitcoin. ETH price was able to recover above the $3,720 and $3,750 resistance levels. The bulls even pushed the price above the $3,850 resistance zone. Finally, the price tested the $3,920 resistance zone. A high was formed at $3,927 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $3,544 swing low to the $3,927 high. Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,920 level. The next key resistance is near the $3,950 level. The first major resistance is near the $4,000 level. A clear move above the $4,000 resistance might send the price toward the $4,220 resistance. An upside break above the $4,220 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,350 resistance zone or even $4,500 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $3,920 resistance, it could start a fresh decline. Initial support on the downside is near the $3,820 level. The first major support sits near the $3,800 zone. A clear move below the $3,800 support might push the price toward the $3,735 support. Any more losses might send the price toward the $3,680 support level in the near term. The next key support sits at $3,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,735 Major Resistance Level – $3,920