The European Union is now considering whether its long-awaited digital euro should be launched on public blockchains, such as Ethereum or Solana, according to a Financial Times report. This represents a significant shift from earlier discussions, which leaned toward a closed, permissioned system run directly by the European Central Bank (ECB). If adopted, this move …
Bitcoin is holding firm above $113K as traders wait for U.S. Federal Reserve Chair Jerome Powell’s upcoming speech. The market mood is tense, with investors watching closely for any policy hints. Meanwhile, Ethereum, XRP, and Solana are showing mixed price action, leaving traders divided on what comes next. Bitcoin Eyes Key Support as Market Shows …
The EU is exploring Ethereum and Solana for its digital euro, marking a shift toward public blockchains over private models like China’s CBDC.
Arthur Hayes has a clear answer to the market’s favorite bar fight. In an August 21 interview with Ran Neuner, the BitMEX co-founder said both Ethereum and Solana will rally hard, but he is explicitly tilted toward ETH for the remainder of the cycle. “Do I believe Solana is going to go up? Absolutely it’s going to go up. Do I believe it’s going to go up more than ETH? I don’t know. Probably not,” Hayes said. When pressed on portfolio construction, he didn’t hedge: “In terms of a position… you’d be more overweight ETH? Correct. Yes.” Ethereum Vs. Solana: Who Wins This Cycle? Neuner framed the context that has flipped the conversation from “Solana-only” to an Ethereum-led trade, citing a sequence of catalysts—from stablecoins to marquee advocates—that has turned ETH into “the darling asset of Wall Street.” Hayes didn’t contest the premise. Instead, he described the contest between the two chains as a “race” increasingly defined by the scale of capital now zeroing in on Ethereum: “ETH is a bigger asset to move, but there’s a lot of money chasing it. So it’s going to be [an] interesting race.” In other words, size is not a bug if flows are thick enough; it’s the feature that channels the largest bid. Related Reading: Altseason Things: Ethereum Perps Volume Sets New Record Against Bitcoin That flows-first view also explains why Hayes sees ETH’s upside accelerating once resistance is convincingly cleared. Responding to Neuner’s observation that Bitcoin sits well above its prior all-time high while ETH had been “struggling to break,” Hayes raised his sights beyond catch-up toward open-ended momentum: “I think ETH goes to $10,000 [or] 20,000 before the end of the cycle… once it’s broken through, then… it’s a gap of air to the upside.” He added that on shorter time frames, “the chart says it’s going higher now,” noting he had “bought back some of the ETH” he previously sold. None of this means Hayes is bearish on Solana. He disclosed he advises Upexi, a Nasdaq-listed company with a Solana-focused treasury, and reiterated his expectation that SOL will benefit from the same risk-on currents: “They’re both going to go up. The question is which one goes up more.” But even with that proximity to the Solana ecosystem, he returned to the relative case: “Do I believe [Solana]’s going to go up more than ETH?… Probably not.” Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? Neuner summarized the narrative shift bluntly—ETH “caught this massive Wall Street narrative,” with stablecoins, tokenized assets and high-profile champions such as Joseph Lubin and Tom Lee putting a megaphone behind Ethereum, after a period when “it’s a SOL cycle” dominated discourse. Hayes’ answer was not to relitigate the tech stack—Neuner even joked about Solana as the “fast monolithic chain”—but to anchor the ETH-over-SOL call in the mechanics of capital formation and passive demand now assembling around Ethereum’s market structure. In his telling, as institutional vehicles and public ETH treasury companies marshal fresh inflows, the “bigger asset to move” becomes the natural sink for the thickest flows. Hayes’ comparative view therefore rests on three on-record pillars. First, positioning: he is overweight ETH versus SOL on a percentage basis. Second, flows: he expects more money to chase ETH in this phase of the cycle, despite (and because of) its larger base. Third, trajectory: once ETH sustains a breakout, he sees “the sky’s the limit” dynamics taking over, with a cycle target of $10,000–$20,000 for ETH. The respect for Solana’s upside remains, but the winner—on Hayes’ numbers and his own book—is Ethereum. At press time, ETH traded at $4,285. Featured image created with DALL.E, chart from TradingView.com
The anticipated 2% price swing around Powell’s speech suggests slightly higher volatility than the average daily volatility of 1.52%, which is derived from the 30-day realized volatility of 29%.
OKX, one of the world’s leading crypto exchanges, has added a new trading pair Pi Coin (PI/USDC) in an effort to boost liquidity and draw in new traders. The move highlights OKX’s long-standing support for the Pi Network, as the exchange was the first to list Pi after the Pi Open Network launch and still …
Polkastarter price has rallied sharply, posting a 17.68% daily gain to $0.2168, while maintaining a 7-day rise of 11.81%. Its market cap hit $21.51 million, while 24-hour trading volume soared to $5.87 million, up over 20%. The token traded between $0.1834 and $0.2324 in the past 24 hours, showing high intraday volatility. The rally follows …
Strategy Vice President and CFO Andrew Kang has sold approximately a total of $20,000,000 worth of MicroStrategy ($MSTR) stock in August 2025. The sales included multiple large transactions. Could this negatively impact the company? Sneak Peek At Kang’s Recent Trades August 7, 2025: Kang sold 18,750 shares of the company’s stock, at an average price …
Crypto analyst EGRAG CRYPTO has long been one of the most vocal bulls of XRP, calling for higher prices even when the cryptocurrency was being weighed down by Ripple’s battle with the Securities and Exchange Commission (SEC). However, as the altcoin has struggled due to the current bearish market, the analyst has called out multiple important levels to watch. While he continues to call for new all-time highs, EGRAG warns that XRP must hold this last line of defense or risk falling into a bear market. XRP Price Must Not Fall Below $2.33 As the analysis points out, the XRP price is still holding at reasonable levels that could suggest a restart of the bullish momentum. But the further the price falls, the more at risk XRP is of completely falling into the hands of bears and risking a complete crash. As the price fluctuates, the $2.90 now serves as the midpoint of the Linear Log Channel. This makes it an important level, and EGRAG suggests that the price being able to hold above this level would suggest a strong bullish setup for XRP. Related Reading: Dogecoin Holder Count Surges Toward New All-Time Highs — Here Are The Figures In the case of a failure, then the next major support and defense for XRP falls to the $2.65 level. The importance of this level cannot be overestimated, as the price must hold it even if it wicks below it. Closing below here would mean that the altcoin is ‘in trouble’, as EGRAG explains. Further down is what could arguably be the last line of defense for bulls to stage a reversal, and this last line of defense is at $2.33. This is the 2-Week EMA and is the major level to hold if the price is to reach new all-time highs. Otherwise, control falls completely into the hands of the bears, signaling a bear trend. Other major levels that signal bear control are the $1.90, which EGRAG paints as the “bear market line of defense.” A close below this puts XRP firmly in bear territory. Then $1.62 is the point of confirmation of the bearish trend as the price completely loses support. Why There Is Still Hope Despite the sentiment skewing toward the negative, the crypto analyst remains optimistic when it comes to the long-term performance of the XRP price. He points out that the White Arch outlined in the chart coincides with the Blue Upper Boundary of the Linear Log Channel. Related Reading: Economist Who Predicted Bitcoin Would Go To $100 Before $100,000 Returns At the top of this channel, the price is sitting well above $20. The major move required here is that the XRP price manages to close above $3.65, which would push the altcoin into price discovery. If this happens, then the analyst says, “That’s the end of the story,” expecting the price to rocket. Featured image from Dall.E, chart from TradingView.com
FTX creditors claim they are being targeted via phishing emails after their information was leaked in a data breach in August 2023.
Bitcoin is once again at one of those moments where history doesn’t repeat, but it sure does rhyme. Analysts are saying that the world’s biggest cryptocurrency is moving in ways that look eerily familiar to its past cycles. For seasoned investors, that’s both exciting and nerve-wracking as we head into the final stretch of the …
ZCash (ZEC), one of the long-standing privacy-focused cryptocurrencies, is back in focus after jumping 10% in a single day. While most of the crypto market struggles due to heavy price drops, ZEC is heading in the opposite direction.Adding to that, a top analyst now predicts that ZEC could still have much bigger gains ahead, possibly …
Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.
The latest episode of the long-running comedy series “South Park” depicts US President Donald Trump taking gifts of Bitcoin from state officials and tech leaders.
ChatGPT and Grok are becoming the go-to tools for crypto traders, offering faster context, sentiment and strategic clarity, all through conversation.
Data shows the Ethereum perpetual futures volume dominance has set a new all-time high relative to Bitcoin, a sign of elevated speculative interest in altcoins. Ethereum Perpetual Futures Volume Dominance Has Hit 67% According to data from on-chain analytics firm Glassnode, the Ethereum perpetual futures volume has shot up recently. Below is the chart cited by Glassnode, showing the trend in the perpetual futures volume dominance breakdown between Ethereum and Bitcoin. As displayed in the above graph, Ethereum overtook Bitcoin in perpetual futures volume a while ago, indicating that speculators shifted their attention from BTC to ETH. Related Reading: This Bitcoin Volume Signal Nailed The Top & Bottom: Analytics Firm The two have only continued to diverge since then, meaning that trader interest in the coin ranked number two by market cap is only going up. Following the latest continuation to the increase, the ETH perpetual futures volume dominance has reached the 67% mark, which is a new all-time high (ATH). The analytics firm explains, Over the years, Ethereum has generally been considered a bellweather asset, with periods of its out-performance usually correlated with broader a “altseason” phase in the digital asset market. As such, this pronounced rotation in trading activity can be a sign of growing focus on the altcoin sector among the investors. Glassnode also notes the trend could point to “an acceleration of risk appetite within this market cycle.” Ethereum’s dominance has also grown in terms of another perpetual futures market indicator: the Open Interest. This metric measures the total amount of contracts related to a given asset that are open on all centralized derivatives exchanges. Here is a chart that shows how ETH’s dominance of this metric has changed relative to BTC over the past few years: As is visible in the above graph, the Ethereum perpetual futures Open Interest dominance has climbed to 43.3% recently. Bitcoin remains dominant with the metric sitting at 56.7%, but compared to earlier in the year, the difference is a lot closer. Related Reading: Bitcoin Fear Is Back: Traders Flip As Price Plunges To $113,000 In terms of the futures sector as a whole, the combined Open Interest across major altcoins (Ethereum, Solana, XRP, and Dogecoin) set a new ATH of $60.2 billion recently. Though, this high couldn’t last, as the indicator suffered a sharp $2.6 billion drawdown soon after. This drop in the Open Interest of the major altcoins is the tenth largest on record. The report notes, These rapid fluctuations underscore that altcoins are currently drawing a significant amount of investor attention, and have meaningfully contributed to heightened reflexivity and fragility across digital asset markets. ETH Price At the time of writing, Ethereum is floating around $4,200, down almost 7% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Spot Bitcoin ETFs have seen about $1.17 billion in outflows over the past five trading days, but Anthony Pompliano says Bitcoin’s spot price may now be oversold.
Ripple announced Friday that it plans to distribute RLUSD in Japan in partnership with SBI Holdings in the first quarter of 2026.
One analyst said a hawkish tone from Powell may turn markets into a risk-off mode, potentially to a 30% drop in bitcoin price.
The EU's exploration of public blockchains for a digital euro could enhance cross-border transactions, challenging dollar dominance in global finance.
The post EU looks at public blockchains like Ethereum and Solana for digital euro rollout appeared first on Crypto Briefing.
Kanye West’s YZY memecoin left thousands of wallets devastated as coordinated snipers extracted millions while retail investors lost out.
Ripple and Japan’s SBI Holdings, through its subsidiary SBI VC Trade, have announced a partnership to distribute the RLUSD stablecoin in Japan starting in the first quarter of 2026. This collaboration aims to widen the availability of Ripple’s stablecoin in the Japanese market, providing a reliable and secure digital currency option for users and investors. …
ASIC is expanding its fraud crackdown, moving from website takedowns to social media ads as crypto scams remain a key source of losses.
Japan’s SBI Holdings has partnered with Startale Group to launch a comprehensive on-chain trading platform. This platform will offer trading for cryptocurrencies, tokenized stocks, and real-world assets (RWAs). With this move, SBI aims to make investing easier and more secure, using blockchain technology for transparency and efficiency. The partnership positions SBI as a leader in …
The European Union is moving closer to launching its own digital euro, aiming to create a stablecoin version of the currency. Officials are exploring the possibility of running it on popular blockchains like Ethereum or Solana, making the digital euro more accessible and compatible with existing crypto systems. This step is part of Europe’s broader …
The Commodity Futures Trading Commission (CFTC) has kicked off its latest “crypto sprint,” a major step in advancing President Trump’s digital asset plan. This initiative opens public consultation until October 20, 2025, allowing industry leaders, investors, and everyday users to voice opinions on how U.S. crypto regulation should evolve. By doing so, the CFTC is …
A $50 million Trump-linked acquisition of a DOGE mining firm, Wyoming’s launch of a state-backed stablecoin, and comments from Federal Reserve officials signaling a softer stance on digital assets all converged to trigger fresh institutional flows.
Dogecoin started a fresh decline below the $0.2320 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.210. DOGE price started a fresh decline below the $0.2250 level. The price is trading below the $0.2250 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2080 zone. Dogecoin Price Dips Further Dogecoin price started a fresh decline after there was a close below $0.240, like Bitcoin and Ethereum. DOGE declined below the $0.2320 and $0.2250 support levels. The price even traded below $0.2120. A low was formed at $0.2078 and the price is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the recent decline from the $0.2430 swing high to the $0.2078 low. Dogecoin price is now trading below the $0.2250 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.220 level. There is also a bearish trend line forming with resistance at $0.220 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.2250 level. It is close to the 50% Fib retracement level of the recent decline from the $0.2430 swing high to the $0.2078 low. The next major resistance is near the $0.2320 level. A close above the $0.2320 resistance might send the price toward the $0.2450 resistance. Any more gains might send the price toward the $0.250 level. The next major stop for the bulls might be $0.2550. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.2250 level, it could continue to move down. Initial support on the downside is near the $0.2120 level. The next major support is near the $0.2080 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 $0.20 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 – $0.2120 and $0.2050. Major Resistance Levels – $0.2250 and $0.2320.
When Ripple first announced plans to enter the stablecoin market earlier this year, many wondered where its enterprise-focused coin would land first. Now, that question has been answered: Japan. Ripple and long-time partner SBI Holdings have signed a memorandum of understanding to distribute Ripple USD (RLUSD) through SBI VC Trade, one of Japan’s licensed Electronic …
Strategy (previously MicroStrategy), the software firm co-founded by Bitcoin (BTC) bull Michael Saylor has seen its stock, MSTR, take a considerable hit plummeting by nearly 20% since last month, in line with the broader market correction. This downward trend is expected to persist, according to Gus Galá, an analyst at Monness, Crespi, Hardt, who recently reiterated a Sell rating on the stock with a price target set at $175. Analyst Cautions Against Long Positions In Strategy On Thursday, shares of Strategy fell an additional 2.4%, closing at $336.48. The company has attracted considerable attention for becoming the largest corporate holder of Bitcoin, with its Bitcoin treasury surpassing the 600,000 figure. Related Reading: Analyst Sounds The Alarm—Bitcoin Could Slide Toward $88K Despite the recent selloff, Strategy’s stock has seen major growth, climbing over 140% in the past year, primarily due to Bitcoin reaching new highs beyond $120,000. However, Galá warns that the volatility associated with Bitcoin poses significant risks. He argues that companies with large Bitcoin treasuries are indicative of a later stage in the Bitcoin market cycle. For Strategy’s stock to defy this trend, Bitcoin would need to break free from its historical pattern of boom-and-bust cycles and sustain a prolonged bull run. Historically, there have been times when Strategy’s market capitalization exceeded its actual Bitcoin holdings by more than double. Currently, with a market cap-to-Bitcoin ratio of 1.34-to-1, Galá suggests that while investors shouldn’t increase short positions, they should also refrain from taking long positions. He believes that the market cap multiple is likely to decline, driven in part by skepticism in the credit markets regarding the debt Strategy has issued to finance its Bitcoin acquisitions. Crypto Stocks Suffer Setbacks Galá also expressed doubt that credit rating agencies will be inclined to assign investment-grade ratings to Strategy’s treasury strategy, especially in the near term. This skepticism stems from the fact that the company’s profits are largely unrealized gains from its Bitcoin holdings. Securing an investment-grade rating could potentially allow Strategy to issue and repay its debt under more favorable terms, but this would require Bitcoin to be perceived as a more stable digital asset, akin to gold. Related Reading: XRP On-Chain Activity Explodes By 500%, What’s Going On? After reaching a new record price just above $124,000, the market’s leading cryptocurrency has seen its valuation drop 9% from all-time high levels currently attempting to consolidate between $112,000 and $113,000. Beyond Strategy, crypto stocks have also seen their valuations drop. On Thursday, shares of USDC issuer Circle (CRLC) dropped 4% after the initial excitement following the firm’s initial public offering (IPO). US-based cryptocurrency exchange Coinbase (COIN) saw its shares drop toward the key $300 support, meaning a 2.5% decline compared to Wednesday’s trading session. Featured image from DALL-E, chart from TradingView.com