Cathie Wood’s ARK Invest adds $20 million in BitMine shares while scaling back exposure to Coinbase, Block and Robinhood amid its crypto portfolio reshuffle.
Despite what is akin to a bull market with the Bitcoin price hitting multiple new all-time highs, the Ethereum price continues to hit major resistances in its campaign for new highs. The most recent is the resistance push at the $3,800, which perfectly aligns with the 4-year resistance line that has kept the leading altcoin by market cap from hitting new all-time highs. However, as Ethereum once again gears up for a retest, this time could be the chart that signals the breakout. Ethereum On The Verge Of Breakout Crypto analyst MMCrypto highlighted a possible breakout on the Ethereum price chart after the altcoin moved back toward a 4-year resistance trendline. This trendline had begun back in 2021 when the Ethereum price had hit its $4,800 all-time high, and since then, it has become the resistant trendline to beat for the ETH price to rally to new highs. Related Reading: Dormant Whale Sells $80,000 BTC, But Bitcoin Bulls Still In Control Over the last four years, this resistance trendline has held firmly, beating the Ethereum price back down from the $4,000 level. This has prevented a rally toward its $4,800 and made the $5,000 expected target push even farther away. But now, there could be another opportunity for Ethereum to turn the tide and break this resistance once and for all. Currently, the ETH price is still trending below $4,000, suggesting that the bears are still holding the resistance line. With the price trading below this resistance, MMCrypto points out that ETH has now been underperforming for four years. Given this, a large number of investors have lost money on their investments or haven’t seen a profit. The major target now is for the resistance to be broken. The crypto analyst explains that once this happens, then the Ethereum price could see a monumental pump from here. This pump, he explains, will be fueled by investors who have yet to realize any profit on their ETH holdings over the last four years. Related Reading: XRP Bullish Cross Playing Out Again: $9 Or $24 Next? With the expectation that the resistance trendline will be broken, the analyst urges investors to be patient. He points out that once the pump begins, those who were patient will be the ones to reap the profits of this ETH price action. Additionally, Ethereum will not be the only altcoin to benefit from a pump. Previous altcoin seasons have been sparked by movements in the Ethereum price, and if ETH is able to break toward a new all-time high, then the altcoin market is expected to follow suit. “The Ethereum Pump if & when it happens, will have a broad influence on the whole Crypto Space & take many Altcoins with it! Be ready, be prepared,” the analyst said in closing. Featured image from Dall.E, chart from TradingView.com
Bitcoin made a solid recovery over the weekend, helping to push the broader crypto market higher. As BTC gains strength, several altcoins are also seeing upward movement. According to an analyst, four names: SEI, ENA, SUI, and Aptos, are standing out for their recent performance. But are they a ‘good buy’ right now? Altcoin 1: …
Dual-layered trust model aims to meet rising institutional standards in a regulated crypto era In response to evolving regulatory expectations and increasing institutional participation in the cryptocurrency market, KuCoin has introduced a major advancement in its trust and security infrastructure. The global exchange has partnered with BitGo Singapore to implement off-exchange settlement (OES) for institutional …
The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve.
In May, Ethereum co-founder and ConsenSys CEO Joe Lubin quietly took the reins as chairman of SharpLink Gaming, a NASDAQ-listed company that pivoted from sports betting to building an Ethereum-focused treasury. At first glance, it seemed like a niche shift. But now, the bigger picture is becoming clear: Ethereum is entering a new institutional chapter, …
The U.S. Federal Reserve is expected to keep interest rates steady at 4.25–4.5% following the latest GDP Deflator data, which shows low inflation pressures. Forward guidance may hint at a possible rate cut in September. Such a move could boost risk assets including Bitcoin and other cryptocurrencies by increasing liquidity and investor confidence. Market participants …
Bitcoin’s price is beginning to recover after a brief period of stagnation, trading at $118,945 at the time of writing. This marks a 1% increase over the past 24 hours, with the asset briefly reaching a high of $119,754 during the same period. The recent upward movement suggests a cautious return of buying interest, though analysts warn that market participants should remain aware of deeper trends influencing price action. Among the key voices weighing in is CryptoQuant contributor Yonsei Dent, who highlighted a familiar pattern in Bitcoin’s current on-chain metrics. Related Reading: Bitcoin Endures One Of The Most Intense Bear Weeks Of This Bull Cycle – Details MVRV Ratio Signals Possible Peak by Late August According to Dent, the 365-day moving average (DMA) of the Market Value to Realized Value (MVRV) ratio has proven to be a historically useful indicator of market cycle tops. Drawing parallels to 2021, when the MVRV 365DMA formed a double-top pattern followed by the start of a bear market, Dent suggested that Bitcoin could be approaching a similar inflection point. In his analysis titled “MVRV Points to a Potential Cycle Peak — Late August May Be the Real Turning Point,” Dent noted that the structure of the current cycle resembles the double-top formation seen in 2021. He projects that if the same six-month interval is applied, the market could experience a peak by around September 10. However, Dent emphasized that the MVRV ratio is a lagging indicator, and thus a reversal in Bitcoin’s trend may begin as early as late August. The analyst also linked this potential turning point to broader macroeconomic narratives, such as speculation around Federal Reserve interest rate cuts. While Dent did not predict an exact price top, he urged market participants to treat this period as one that requires heightened attention to risk management. “Let on-chain timing guide your strategy — now is the time to tighten risk management and stay nimble,” he advised. Bitcoin Liquidity Metrics Suggest Potential Saturation In a separate post, CryptoQuant contributor Arab Chain examined the Bitcoin Stablecoin Supply Ratio (SSR) as another tool to evaluate current market strength. The SSR compares Bitcoin’s market capitalization to that of all stablecoins, offering a window into liquidity dynamics within the crypto ecosystem. Arab Chain explained that stablecoins act as the fiat-equivalent within the market, and their supply levels relative to Bitcoin help measure the purchasing power available to fuel price movements. According to Arab Chain, a rising SSR indicates a lower presence of stablecoins relative to Bitcoin, which could mean that price gains are occurring despite limited liquidity. This scenario suggests that the current upward momentum may be encountering diminishing support from new capital inflows. Related Reading: $4B Increase In Bitcoin Open Interest Fueled By Whale Transfers To Exchanges – Details “A continued rise in the indicator may indicate that buying momentum may weaken in the future due to low liquidity,” he wrote, adding that unless stablecoin reserves grow meaningfully in the coming days, Bitcoin’s rally could face resistance. Featured image created with DALL-E, Chart from TradingView
Crypto ETPs in Europe are plentiful, yet they haven't been adopted the way spot bitcoin ETFs in the U.S. have.
U.S. President Donald Trump has recently hinted that Federal Reserve Chair Jerome Powell might soon bid farewell. Trump said that a rate cut could make the US markets more attractive to buyers, while Powell believes in a steady market. However, despite all the internal feuds, Trump added he will miss Powell when he leaves. Is …
Stablecoin searches reached an all-time high on Google as market cap topped a record $270 billion following passage of the GENIUS Act.
The U.S. Securities and Exchange Commission (SEC) postponed its decision on Grayscale’s Solana Trust ETF, setting a new deadline of October 10, 2025. The delay allows more time to review the fund’s proposed listing on NYSE Arca amid rising spot crypto ETF applications and regulatory changes. Industry experts view it as a routine step. The …
Bitmain, the largest crypto mining hardware maker, plans to open its first US production facility by the end of Q3 2025, choosing either Texas or Florida for the new headquarters and assembly line. Initial production is expected in early 2026, with full-scale output ramping up later. This move aims to speed deliveries, reduce repair times …
Bakkt Holdings says it has agreed to sell its loyalty services business in its bid to focus purely on its crypto offerings.
The crypto market is down today, losing over $66 billion in value in just one day. The total market cap now sits around $3.83 trillion, down from recent highs. Bitcoin is holding steady above $118,000, but most altcoins are bleeding, and investor sentiment has turned cautious. So, what exactly caused today’s crypto pullback? Let’s break …
SharpLink Gaming is currently the second-largest Ethereum treasury firm after BitMine Immersion Technologies.
David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token.
On July 28, U.S. spot Bitcoin ETFs saw net inflows of $157.1million, with Ethereum ETFs adding $65.2million, signalling strong ongoing demand for both assets. Leading the purchases, BlackRock’s spot Bitcoin ETF acquired 1,230 BTC worth $147.4million, bringing its total holdings to over 739,000 BTC and reinforcing its place as the world’s largest Bitcoin ETF. The new inflows …
While billions are flowing into crypto as its market cap has jumped to $3.89 trillion and headlines highlight rising institutional interest. But according to a fresh report from 10x Research, things might not be as bullish as they look. Behind the scenes, small changes in the market suggest that today could quietly become an important …
Injective (INJ) has hit a five-month high after retesting a crucial resistance level on Monday and attempting to break out from a bullish pattern. Some analysts suggested that the cryptocurrency will have a massive run in the coming weeks. Related Reading: Bitcoin Demand Builds at $117K: Cost Basis Distribution Defines Key Support Level Injective Retests Crucial Levels Over the past month, Injective has recorded a substantial bullish performance, climbing 40% since late June, when the cryptocurrency traded below the $10 support. Since hitting its December high of $35.26, INJ has retraced around 60%, falling below this key support multiple times. During the April-May market recovery, the cryptocurrency broke out of its multi-month downtrend and climbed to its $10-$15 local price range, hitting a multi-month high of $15.48. However, the June pullback sent the token’s price to the $9 support zone before it bounced, tested the $10-$12 area, and broke out of its one-month downtrend in early July. At the time, analyst Crypto Rand suggested that a breakout above the $12 resistance level would “trigger the bull reversal,” which would push the token’s price toward the local range high. Injective has been attempting to reclaim the crucial $15 range high since its early July breakout, hitting a five-month high of $16.35 on Monday and passing the $16 barrier for the first time since February. Amid the token’s momentum, Crypto Rand noted that “INJ following the path, we are going straight to $30” as the first stop.” He added that Injective has become the Layer-1 (L1) with the highest code commits over the past 365 days. A recent report showed that the network is leading with 36,500 commits, 3.2% ahead of other L1s. Is A Rally To New Highs Near? Analyst Ali Martinez highlighted that Injective could see a 66% rally if it breaks out of a triangle formation. According to the chart, the cryptocurrency has been forming an ascending triangle pattern since March, with the key resistance level sitting around the $15 area. Amid its start-of-week pump, the cryptocurrency briefly broke out of the pattern but ultimately failed to hold above the crucial resistance. Notably, INJ fell below the $15 mark after failing to reclaim this level, retracing 10% intraday. However, reclaiming the key resistance would propel Injective to $25, a level not seen since January. Meanwhile, market watcher Crypto Patel pointed out an inverse Head and Shoulders pattern forming on Injective’s chart over the past six months, which could propel the token to a new yearly high if it breaks out. He highlighted that the INJ’s rising trendline support remains intact, while the pattern’s neckline has been retested twice, with the price compressing between these two levels. To the analyst, Injective needs a daily close and hold above the $16.20 area to confirm the breakout. If it reclaims this level, the setup would target a 153% move toward $41 mark, with the post-breakout initial targets sitting around the $26.36 and $34.32 resistances. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? On the contrary, he affirmed that falling below the $12 support zone would invalidate the setup, which could also send the token’s price to the next support level around the $10 mark. As of this writing, Injective trades at $14.70, a 4.6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
As global crypto adoption expands, all eyes are turning to Asia—and especially India—as the next big growth frontier. With over 93 million users, India now ranks as the largest crypto-owning country in the world. That makes it no surprise that Coinbase, the largest publicly listed crypto exchange in the U.S., is reportedly making a move …
Blockchain analytics firm Lookonchain reports that Konstantin Lomashuk, founder of Lido, borrowed 85 million USDT from Aave, a decentralized lending protocol. Lomashuk transferred 80 million USDT to Amber Group, which then deposited the funds onto a crypto exchange. Subsequently, 15,814 ETH, worth approximately $59.75 million, was withdrawn. This series of transactions underscores significant liquidity movement …
South Korea’s rival stablecoin bills hint at a divide over regulation as the country seeks a stronger foothold in the global crypto market.
Bill Miller IV, CIO of Miller Value Partners, stated Bitcoin’s unique decentralized governance and proof-of-work security give it a lasting edge over Ethereum and Solana. He noted that while Ethereum and Solana benefit from regulatory clarity and technological upgrades, Bitcoin’s design as a decentralized, scarce digital asset makes it the dominant “global denominator of capital.” …
SharpLink Gaming, led by Ethereum co-founder Joe Lubin, is rapidly increasing its Ethereum holdings to surpass BitMine Immersion Technologies in the ETH treasury race. The company uses daily stock offerings to buy more ETH and stakes existing coins to earn yield. SharpLink avoids heavy leverage, focusing on steady growth and shareholder value. This intensifying competition …
Mill City Ventures has become the first public company to invest in a Sui treasury after a $450 million raise, betting on blockchain’s AI and DeFi capabilities.
Financial commentator Peter Schiff has sharply criticized the explanations used to justify the current Bitcoin bubble, comparing them to misguided statements made during the dot-com and real estate market bubbles. He described these rationalizations as among the “dumbest” ever and expressed strong skepticism about Bitcoin’s valuation and long-term sustainability. Schiff’s comments highlight the ongoing debate …
Dogecoin started a fresh decline from the $0.250 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.2220 support. DOGE price started a fresh decline below the $0.2350 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2280 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 $0.2280 and $0.2350 resistance levels. Dogecoin Price Eyes Recovery Wave Dogecoin price started a fresh decline from the $0.250 resistance zone, underperforming Bitcoin and Ethereum. DOGE declined below the $0.2350 and $0.2320 support levels. The decline gained pace below the $0.2300 level. A low was formed at $0.2225 and the price is now consolidating losses. There is also a bearish trend line forming with resistance at $0.2280 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.2280 level and the 23.6% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. The first major resistance for the bulls could be near the $0.2350 level or the 50% Fib retracement level of the downward move from the $0.2486 swing high to the $0.2225 low. 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 $0.2550 level. The next major stop for the bulls might be $0.2650. Downside Correction In DOGE? If DOGE’s price fails to climb above the $0.2280 level, it could start a downside correction. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2120 level. The main support sits at $0.2050. If there is a downside break below the $0.2050 support, the price could decline further. In the stated case, the price might decline toward the $0.1980 level or even $0.1920 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2220 and $0.2120. Major Resistance Levels – $0.2280 and $0.2350.
CryptoPunks floor prices surge amid rising Ethereum, renewed high-value buying, and the NFT market’s busiest trading days in months.
Ark Invest has purchased $20 million worth of BitMine shares, boosting its exposure to the crypto-focused firm’s Ether treasury strategy. The buy follows Ark’s major $182 million investment in BitMine last week and signals growing institutional interest in blockchain-based treasury models. Simultaneously, Ark Invest sold $15 million in Block Inc shares as part of a …