Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Related Reading: Ethereum Hits $4,300, Restoring Vitalik Buterin’s Crypto Billionaire Status Reports have disclosed the move came with a clear push to support the firm’s large Solana treasury, which has drawn attention from investors and rival corporate treasuries alike. Upexi Deepens Its Solana Bet According to Upexi’s own filings and public statements, the company now holds over 2 million SOL in its treasury. That stake has been built quickly through multiple purchases and capital raises, and publications place its value in the hundreds of millions of dollars depending on the SOL price used. Upexi says it is also using staking to earn yield from the holdings, a move meant to add steady income as it holds the tokens. upexi forms advisory committee, welcoming arthur hayes (@CryptoHayes) as first member arthur is cio of @maelstromfund and brings deep digital asset and institutional finance expertise committee will drive strategy, expand visibility, and unlock capital for our $SOL treasury… pic.twitter.com/lBtzxziL3r — Upexi (@UpexiTreasury) August 12, 2025 Upexi’s hiring of Arthur Hayes — a high-profile figure in crypto circles — is meant to sharpen strategy and help unlock more capital for the firm’s purchase plans. Reports say the advisory committee will guide visibility, partnerships and capital-raising for acquisitions tied to the treasury effort. The move has already helped lift investor interest in the company’s stock. Other Public Firms Join The Push Beyond Upexi, other public companies have made clear Solana bets. Based on reports, DeFi Development Corp. has increased its holdings to nearly a million SOL units after a fresh round of purchases and financing. That placement puts it among the biggest corporate Solana holders and gives it meaningful exposure to the altcoin’s price moves. Meanwhile, crypto miner BIT Mining disclosed purchases around 27,190 SOL and has said it will convert existing crypto holdings to focus on SOL while also launching a validator to stake tokens. These corporate moves are not just headlines. They represent predictable, on-balance-sheet demand that can tighten the available supply held by retail traders and exchanges. At the same time, concentrated positions raise questions about what would happen if any of these holders decided to change strategy or sell quickly. Related Reading: Chainlink Tipped To Outshine XRP In Global Banking Links: Analyst Market Moves And Technical Signs Market data shows SOL trading back around the $200 mark after a strong daily gain, and daily volumes have spiked as traders pile in. Price sites report roughly a mid-$100-billion market capitalization for SOL and daily turnover in the low double-digit billions, figures that underline how big the token’s market has become. Technical commentators have pointed to moving average crossovers and other bullish setups as reasons traders are optimistic right now. Featured image from SolanaFloor, chart from TradingView
This lawsuit highlights the tension between media transparency and individual privacy, potentially impacting future media practices and crypto privacy norms.
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Crypto analyst CryptoInsightUK has promoted Dogecoin as one of the top altcoins right now, anchoring the call to a clean weekly structure and an emerging broadening, ascending wedge that still governs price. He opens his note with an unambiguous header—“My Top Altcoin Picks: DOGE”—and then lays out the case in plain language: “We’ve been actively trading Doge for about a week and a half now, and I’ve been sharing updates with you every step of the way. Doge looks extremely bullish on the weekly time frame, potentially closing this week with a bullish engulfing candle if we can manage to close above $0.241. That would be fantastic.” Why Dogecoin Is The Top Altcoin Right Now The weekly DOGE/USDT chart shows price pressing into a well-defined supply band labeled “Resistance” around $0.27–$0.30, where July’s “Higher High” ($0.287) sits. Underneath, a rising weekly trendline that has contained price since mid-2023 currently tracks through the upper-$0.16s to low-$0.17s, with a horizontal “Support” shelf near $0.13 aligned to the prior “Swing Low.” The staircase of “swing low → higher → higher low → higher high” marked on the chart remains intact. The analyst ties the structure to a specific pattern roadmap. “We may also be forming a broadening ascending wedge pattern here, and the potential upside target of this pattern could be as high as the all-time highs at $0.75,” he writes. Related Reading: Dogecoin To $1? Only If This Plays Out, Says Analyst Extending the projection, he adds: “If we extend this further out in time, we could even argue that the 1.618 Fibonacci extension around $1.17 might come into play. Of course, we’d need to break through the resistance levels marked on the chart to see something like that,” before situating the trade in market context: “If the market continues as it is—Bitcoin dominance dropping and ETH continuing its upward momentum—I don’t think this is out of the question for Doge.” Momentum reads argue there is room. On the chart, weekly RSI has turned up from the mid-30s, reclaimed its signal, and now sits in the mid-50s to low-60s—well shy of the overbought band that accompanied the prior thrust. The analyst highlights that runway explicitly: “Using the RSI as an indicator, there’s still significant room for growth before we enter the overbought territory, which is typically when things get exciting.” He also frames the setup within a higher-timeframe impulsive structure: “Technically speaking, Doge has experienced two significant impulses on a higher timeframe, both setting higher highs and higher lows. Now, we’re looking for a third impulse.” Positioning matters to him as well. “Looking at Doge as a top 10 crypto asset, we see that all other cryptos in the top 10, except for Cardano and Solana, have reached all-time highs… Doge remains behind, and I believe the major impulse is still yet to come.” Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added On execution, he points to the lower-timeframe tape confirming the bias: “On the lower timeframes, we’re seeing higher highs and higher lows, which suggests that the impulse may have already begun.” That leads to the trade thesis: “With all this in mind, it’s an exciting time for altcoins, and I believe that Doge’s risk-to-reward ratio, especially considering its position as a top 10 asset, makes it an attractive trade even from current levels.” Peer technicians are aligned. In a brief community ping titled “Good boy Doge,” the analyst reiterated the same levels and structure from earlier in the week. Fellow trader CRG explained the patience trade: “Nothing much to update. Price just chilling for now, been consolidating for 6 months making higher lows. DOGE is gonna full send at some point, no doubt in my mind, just gotta be patient.” He summarized the rationale behind positioning with a screenshot captioned, “This is why we are in the $DOGE trade fam.” From here, the immediate trigger is mechanical and visible on the chart: a weekly settlement above $0.241 would print the bullish-engulfing confirmation the analyst is watching at the mouth of resistance. Acceptance through the $0.27–$0.30 band would reopen the path toward the mid-$0.30s and the prior rejection in December last year when DOGE peaked above $0.48, while failure to hold the rising trendline would defer the move to the next demand zones near $0.17 and $0.13. As long as the sequence of higher lows remains unbroken, the wedge continues to frame a credible springboard toward the analysts’ stated targets, with $0.75 as the first historical waypoint and the 1.618 extension at ~$1.17 reserved for a fully developed impulse. At press time, DOGE traded at $0.242. Featured image created with DALL.E, chart from TradingView.com
Google’s Play Store policy update for crypto apps sparked concerns over self-custodial wallets before the company said they were exempt.
As Ethereum (ETH) trades within striking distance of its all-time high (ATH), on-chain data shows that the second-largest cryptocurrency by market cap is experiencing mounting buying pressure. The asset is currently priced in the $4,600 range, just 4% shy of its ATH. Ethereum Net Daily Outflows Hit 40,000 According to a CryptoQuant Quicktake post by contributor burakkesmeci, more than 1.2 million ETH have been withdrawn from crypto exchanges over the past month. The analyst suggested that Ethereum’s uptrend is likely to continue. Related Reading: Ethereum Price Lags Despite All-Time High In Daily Transactions – What’s Next For ETH? For context, ETH has surged 53.8% in the last month, underscoring strong buying pressure amid rising institutional adoption. The asset has tripled in price from its local low of around $1,500, recorded in April this year. In their analysis, burakkesmeci highlighted Ethereum’s All Exchanges Netflow metric, which tracks the total ETH inflows and outflows across all cryptocurrency exchanges. Data from 2025 shows that Ethereum’s 30-day Simple Moving Average (SMA30) has plunged deep into negative territory. For the uninitiated, the SMA30 is the average value of a dataset – such as Ethereum’s daily net flows – calculated over the most recent 30 days. Each day, the oldest data point drops out and the newest is added, creating a smoother trend line that filters out short-term volatility. As of August 12, Ethereum’s SMA30 stood at -40,000 ETH, indicating an average daily outflow of that amount over the past month. Such large outflows suggest that investors are moving ETH off exchanges – likely into cold storage – in anticipation of further price gains. The CryptoQuant contributor also pointed to growing activity in spot ETH exchange-traded funds (ETFs). Data from SoSoValue shows that spot ETH ETFs recorded more than $1.5 billion in inflows during the week ending August 12. Notably, these ETFs have seen uninterrupted positive weekly inflows since May 16, attracting over $8 billion in nearly three months. The total net assets held in ETH ETFs now stand at $27.6 billion, representing 4.7% of Ethereum’s total market capitalization. ETH Rally To Remain Intact Burakkesmeci concluded that as long as ETH’s SMA30 remains in negative territory, its uptrend is likely to continue. They noted that unless the metric flips into positive territory, ETH’s bullish momentum could persist in the short term. Related Reading: Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show Some analysts predict ETH could reach as high as $8,600 if Bitcoin (BTC) surges to $150,000. However, a period of price consolidation is expected after ETH breaks through its current ATH. Meanwhile, crypto market enthusiast Orbion has advised selling all ETH in October if it reaches between $5,800 and $6,000. At press time, ETH is trading at $4,684, up 6.8% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Letitia James, who holds New York state’s top law enforcement position, has come under scrutiny from some, claiming she was engaging in “lawfare” against the crypto industry.
When arrested, Richard Kim told the FBI he knew he “was clearly wrong from the beginning,” authorities say.
Bitcoin set another all-time high at $123,231 after US Consumer Price Index data showed July inflation was unchanged month-on-month and up 2.7% year-on-year.
Canary Capital has registered a Trump Coin ETF in Delaware, a move that signals plans to launch a spot exchange-traded fund (ETF) tracking the memecoin. The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state records. The registration is typically a precursor to filing an S-1 application with the U.S. Securities […]
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The network is facing competition from next-generation layer-1 blockchains and layer-2 networks from within its own ecosystem.
Google Play’s updated policy, effective Oct. 29, will require crypto wallet apps to meet specific licensing rules in certain countries.
Dogecoin (DOGE) is riding a fresh wave of bullish momentum after whales scooped up 1 billion DOGE, worth roughly $200 million, in just 24 hours. The massive accumulation has helped push DOGE over 11.2% higher in the past day, with prices currently hovering around $0.24, according to CoinMarketCap. Related Reading: Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details Large-holder ownership now sits near 50% of the total supply, a sign of growing institutional confidence. Analysts note that this kind of concentrated buying can reduce sell-side liquidity, potentially paving the way for bigger moves ahead. Technical charts suggest an 18% upside toward the $0.26 zone, with bulls eyeing a breakout above $0.28 that could open the path to $0.35. Golden Cross Signals Possible Major Rally Adding to the excitement, Dogecoin has formed a golden cross for the first time since November, a bullish pattern that occurs when the 50-day simple moving average (SMA) moves above the 200-day SMA. Historically, such crossovers in DOGE have preceded sharp rallies, including a 130% surge in late 2024. While the golden cross isn’t foolproof, traders are optimistic that the combination of whale accumulation and strong technicals could mark the start of another bull run. Momentum indicators back the bullish case, with DOGE holding above its 30-day SMA and its relative strength index (RSI) sitting at a neutral 57, leaving room for further gains. DOGE's price records positive momentum on the daily chart. Source: DOGEUSD on Tradingview Dogecoin ETF Hopes and Regulatory Tailwinds Beyond market speculation, institutional investors are assigning nearly 75% odds on Polymarket for a potential Dogecoin ETF approval. Bloomberg ETF analysts Eric Balchunas and James Seyffart have even raised their approval odds for spot DOGE ETFs to 90% by the end of 2025, citing a more crypto-friendly regulatory environment. Such an approval could be a major catalyst for DOGE’s price, broadening its exposure to mainstream investors. Combined with whale buying, technical breakouts, and heightened retail interest, this could set the stage for DOGE’s next “moon mission.” Related Reading: How Western Union’s Acquisition Of Intermex Is A Win For Ripple And XRP For now, traders are watching the $0.242–$0.245 resistance closely. A decisive breakout could fuel a run toward $0.30, while holding above $0.227 support would keep the bullish narrative alive. Cover image from ChatGPT, DOGEUSD chart from Tradingview
SOL price cracked the $200 barrier, but a rally to data suggests the factors needed for new highs are missing.
Ethereum (ETH) approached within 3.9% of its all-time high as altcoins demonstrated broad strength. Leverage across major alternative cryptocurrencies reached a record $47 billion according to Glassnode data. Ethereum traded at $4,738.94 as of press time, up by 3.1% in the past 24 hours and just 2.7% away from its all-time high registered in November […]
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Google searches for “altcoin” and “Ethereum” are surging to multi-year highs, coinciding with a wave of altcoin ETF filings and a shift in corporate treasury strategies beyond Bitcoin.
Ethereum is closing in on a historic test, hovering just 6.4% below its all-time high of $4,891. Despite persistent sell-offs from retail traders, the asset’s upward momentum continues, signaling a potential breakthrough that could set the stage for new record levels. Retail Sentiment Misfires: Lessons From Past Greed And Corrections Santiment, a popular platform in on-chain and market analytics, recently highlighted in a post that Ethereum is now within striking distance of a historic milestone — just 6.4% away from its all-time high of $4,891 set on November 16, 2021. Related Reading: Ethereum Price Breaks Toward $5,000, Analyst Reveals When To Sell Everything And Why This approach toward record territory has been accompanied by a surprising trend: retail traders are consistently selling off their holdings even as the second-largest cryptocurrency by market cap pushes higher. The divergence between price action and retail sentiment is becoming increasingly notable in this rally. When smaller market participants become overly optimistic, prices tend to cool off; conversely, when fear and skepticism prevail, the market often continues its upward march. This pattern has played out multiple times in the past, making the current wave of selling from retail traders a potentially bullish signal. Santiment also pointed to previous scenarios to support this observation. On June 16, 2025, and again on July 30, 2025, Ethereum experienced periods of extreme retail greed, which were followed by sharp corrections as the market recalibrated. These historical instances underline the contrarian nature of market psychology, where excessive optimism can precede pullbacks, while disbelief and hesitation can pave the way for price growth. In the current rally, retail sentiment has been marked by FUD (fear, uncertainty, and doubt) and disbelief. Despite Ethereum consistently printing higher highs, many traders remain convinced that the move is unsustainable. Loose Coins Changing Hands as Ethereum Eyes Historic Breakout This emotional disconnect between sentiment and price action may be providing fuel for Ethereum’s continued ascent, as stronger hands — particularly institutional players and large-scale investors — absorb the supply being offloaded by smaller traders. If the current dynamics persist, a break above $4,891 could happen sooner than many expect, potentially marking a significant chapter in Ethereum’s market history The platform further noted that major stakeholders have been actively accumulating Ethereum, taking advantage of the coins that smaller traders are currently willing to sell. This quiet but steady accumulation suggests that larger players are positioning themselves for a potential breakout. Related Reading: Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show With minimal sentiment-based resistance in the market, prices appear well-positioned to push higher. If this trend continues, Ethereum could break through its previous all-time high and set new records in the near future, marking a historic moment for the asset. Featured image from Ethereum, chart from Tradingview.com
Google Play Store introduced licensing requirements for cryptocurrency wallet applications across 15 jurisdictions, including the US and the EU. According to a report by the Rage, developers must obtain regulatory approvals before publishing apps on the platform. Furthermore, the policy requires software wallet developers to comply with local financial regulations “to ensure a safe and […]
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The Trump Coin ETF from Canary Capital indicates that traditional finance products containing memecoins may still have demand.
Google Play Store has established new tighter rules for publishing crypto exchanges and wallets in different jurisdictions. The massive app ecosystem unveiled the new measures for specific jurisdictions to facilitate legal compliance and consumer protection. According to the announcement, crypto exchanges and wallets seeking to publish on the Google Play store must first comply with …
The two entities requested that the financial regulator provide a "safe harbor" for certain applications under the SEC's broker-dealer registration requirements.
Shares of cryptocurrency exchange Bullish jumped sharply in their first day of trading on Aug. 13, more than tripling the company’s IPO price and signaling renewed investor enthusiasm for digital asset firms in public markets. Trading under the symbol BLSH, the stock opened at $37 and surged to an intraday high of $118 before settling […]
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The current macro backdrop has rarely been more favorable for risk assets, and the market hasn't fully priced in what's coming, a report said.
Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns.
Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin. In August alone, DDC added 4,500 SOL to its reserves, fueled in part by a $122.5 million convertible debt raise managed by Cantor Fitzgerald. CEO Joseph Onorati noted a 47% rise in the company’s SOL Per Share metric since June, highlighting strong operational growth. Adding to bullish sentiment, CMB International, one of Asia’s largest asset managers, announced the tokenization of its Hong Kong–Singapore Mutual Recognition Fund on Solana via DigiFT and OnChain. Solana ETF Approval Countdown Adds Regulatory Tailwind A major catalyst on the horizon is the potential approval of Solana ETFs within the next two months. Nate Geraci, President of NovaDius Wealth Management, told CNBC that the SEC is considering over 75 crypto ETF applications, with a streamlined approval framework in place for assets like Solana, XRP, and Cardano. Crypto ETFs have already attracted $26 billion in inflows this year, signaling deep investor confidence. If approved, a Solana ETF could open the floodgates for traditional finance capital, potentially accelerating the rally toward—and beyond—$250 Technical Outlook: $250 SOL Target in Play From a technical perspective, SOL has broken above key resistance levels at $185, $190, and $195, with the next critical hurdles at $202–$205. A sustained close above $205 could trigger a short-term surge to $220, while breaking $222 could pave the way toward $244–$250. SOL's price records an uptick on the daily chart. Source: SOLUSD on Tradingview The MACD remains in bullish territory, the RSI is trending upward without being overbought, and the Chaikin Money Flow has flipped positive, indicating strong buying pressure. Support remains at $194 and $186, with a break below $175 invalidating the current bullish setup. Related Reading: How Western Union’s Acquisition Of Intermex Is A Win For Ripple And XRP With institutional inflows, real-world asset tokenization, and a looming ETF decision, Solana appears poised for what could be the early stages of a mega rally. Cover image from ChatGPT, SOLUSD chart from Tradingview
From a $37 IPO to $118 intraday, Bullish’s NYSE debut highlights Wall Street’s growing appetite for regulated crypto businesses.
Andreessen Horowitz (a16z) and the DeFi Education Fund have urged the US Securities and Exchange Commission (SEC) to create a “Safe Harbor” program for decentralized application (dApp) trading platforms. In an Aug. 12 letter to SEC Commissioner Hester Peirce, the groups wrote that a clear framework would keep builders of non-custodial interfaces from being treated […]
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Google Play to require banking or money services licenses for all crypto wallets, effectively banning non-custodial apps in US and EU.
The post Google Play Store to block crypto wallets without banking licenses in US and EU appeared first on Crypto Briefing.
Data shows Ethereum sentiment on social media doesn’t lean too bullish right now, something that could pave the way for a continuation in the asset’s rally. Ethereum Positive/Negative Sentiment Still At Muted Levels In a new post on X, analytics firm Santiment has talked about the sentiment around Ethereum that’s present among social media users. The indicator shared by Santiment is the “Positive/Negative Sentiment,” which tells us how the positive and negative comments related to ETH compare against each other on the major social media platforms. Related Reading: XRP To $12? Analyst Reveals Bold Target From Multi-Year Pattern The metric separates between the two types of comments by putting users’ posts/threads/messages through a machine-learning model. Once they have been divided, it counts up the number of each and takes the ratio between them. Below is the chart shared by the analytics firm that shows the trend in the Ethereum Positive/Negative Sentiment over the last few months: As displayed in the graph, the Ethereum Positive/Negative Sentiment interestingly witnessed a plunge as the asset’s breakout earlier in the month took place. This would suggest that social media users weren’t convinced by the rally. The continuation in the run since then has meant that the sentiment has improved a bit, but it still remains much lower than the high from last month. Thus, it seems retail is in disbelief, despite the fact that the cryptocurrency is nearing its all-time high (ATH). If the past is anything to go by, this fact could actually be a positive signal for ETH. “Prices historically movein the opposite direction of retail traders’ expectations,” says Santiment. The analytics firm has highlighted in the chart some instances of this trend in action. It would appear that FOMO spikes led to price drops for the asset, while excessive FUD resulted in price rises. “With key stakeholders accumulating loose coins that small ETH traders are willing to part with right now, prices are showing very little sentiment resistance from breaking through and making history in the near future,” explains Santiment. Related Reading: Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame? In some other news, the Ethereum Futures Open Interest has shot up alongside the price surge, as analytics firm Glassnode has pointed out in an X post. The Futures Open Interest measures, as its name suggests, the total amount of futures-related positions that are currently open on all centralized derivatives exchanges. From the chart, it’s visible that the metric has climbed beyond the $35.5 billion mark, which is a new record. ETH Price Following a rally of over 7% in the last 24 hours, Ethereum has reached the $4,730 mark, now sitting within touching distance of the ATH. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradnigView.com
MetaMask to launch mUSD stablecoin this month with Stripes Bridge and Blackstone, debuting under new US stablecoin rules.
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Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow?