Following the steep corrections seen in late July, the Bitcoin market made a modest recovery in the past week, rising by 2.73% according to data from CoinMarketCap. However, another rejection amidst this price resurgence forces the premier cryptocurrency to now trade within the $116,000 price region. While the crypto market awaits the token’s next move, cumulative trading activity signals potential for a major price surge to a new all-time high. Related Reading: Bitcoin Bull Run At Risk? Binance Whale-To-Exchange Flow Signals Price Correction Golden Ratio In Sight: Bitcoin Targets $131K After Volume Shelf Hold In an X post on August 8, popular financial market analyst Donald Dean shares an interesting bullish price prediction on the Bitcoin market. Based on the existence of a volume shelf on the BTCUSDT daily chart, Dean tips the crypto market leader to soon attain a $131,000 market valuation. By way of explanation, a volume shelf refers to a price level where a significant amount of trading activity/volume has occurred. In the chart above, this level of trading is indicated by the horizontal bars on the right side of the chart. A volume shelf tends to act as a strong resistance or support zone because many traders are assumed to have bought or sold at this level. According to Donald Dean’s analysis, Bitcoin is currently hovering around a volume shelf between $116,000 – $118,000, which has been identified as a potential launch area. If Bitcoin can consolidate decisively above this range, it suggests that this level has enough buying interest to potentially act as a springboard for the next leg up. Interestingly, Dean predicts that this accumulation phase would provide the momentum needed to propel BTC toward the 1.618 Fibonacci extension level, a key technical milestone known as the “golden ratio.” This level, positioned around $131,000, represents the next major price target for the Bitcoin market, signaling a potential 12.93% gain on the present market prices. Related Reading: SharpLink Bets Big On Ethereum: $200M Raised To Deepen ETH Exposure Bitcoin Market Overview At the time of writing, Bitcoin was trading at $116,756, after a minor decline of 0.02% over the past 24 hours. Meanwhile, market trading volume has fallen by 20.97% and is valued at $55.24 billion. Data from CoinCodex indicates that market sentiment remains strongly bullish, with the Fear & Greed Index at 67. Despite this optimism, analysts expect BTC to hold within its current range, projecting prices of $117,167 in five days and $115,980 in thirty days, and a potential dip to $112,688 over the next three months. Featured image from Pexels, chart from Tradingview
The protocol's new yield-trading platform, Boros, allows traders to go long or short on funding rates, and has attracted significant deposits and activity since its launch.
President Donald Trump issued a debanking executive order this week aimed at stopping what his administration described as unfair banking discrimination toward the crypto sector. Will the order be the definitive blow to the so-called Operation Choke Point 2.0? Will banks that debanked crypto companies unfairly be forced to reinstate them? Custodia Bank founder and […]
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Crypto influencers democratize early-stage investing by offering transparent, accessible opportunities that VCs keep behind closed doors for the elite.
Ether price excitement boils over as giant targets combine with a countdown to new all-time highs — but ETH/BTC still has a long way to go.
The quick buyback suggests Hayes may see renewed upside in ether, contradicting his earlier prediction of a market downturn.
In the early days of Bitcoin, a young pioneer named James Howell mined thousands of coins when very few believed in their value. Years later, a costly mistake put his digital fortune out of reach. Let us uncover the story behind this lost treasure and the challenges of recovering it. Early Bitcoin Pioneer: James Howell’s …
Michael Saylor, founder of Strategy, suggested this week that a rumored move by the US to impose tariffs on gold imports could push money out of the metal and into Bitcoin. Related Reading: Ripple-SEC Legal Drama Ends; XRP Skyrockets 13% According to a Bloomberg interview, Saylor argued that Bitcoin cannot be taxed at the border because it “lives in cyberspace, where there are no tariffs.” He said the coin’s lack of physical weight and its speed of settlement make it more attractive than gold in a world where import duties on bullion are being discussed. Saylor Frames Bitcoin As Tariff-Proof Asset Reports have disclosed that others in the industry agree. Simon Gerovich, president of Metaplanet, called gold “heavy, slow, and political,” and labeled Bitcoin “light, fast, and free.” Based on reports, Metaplanet — a Japanese company that manages a Bitcoin treasury — bought nearly $54 million in Bitcoin recently, bringing its total holdings to 17,595 BTC, roughly $1.78 billion at current values. Those numbers matter to investors watching whether corporate treasuries will switch allocation from stored metal to digital coins. Market Reaction And Price Moves Markets reacted in different ways. Gold futures hit an all-time high after the tariff news, as traders scrambled to price the possible cost impact of new import rules. Bitcoin, meanwhile, traded roughly sideways in the same period, moving down by less than 1% in the last 24 hours. The split response shows that a policy shock can push some capital into metal while other buyers may sit on the sidelines or look to crypto for a different kind of hedge. This is the purchasing power of the U.S. Dollar This is the ultimate chart pattern for all fiat currencies Some think Gold is a great store of value (preserving its purchasing power) – and it is But the ultimate store of value will prove to be Bitcoin $BTC pic.twitter.com/4rdar3TRtT — Peter Brandt (@PeterLBrandt) August 8, 2025 Brandt Highlights Dollar Decline Over Decades Veteran trader Peter Brandt added fuel to the debate by posting a long-run chart that traces the US dollar’s purchasing power from $1.00 in 1971 to about $0.031 in 2025, based on M2 money growth. Related Reading: Crypto Is Here To Stay—Even The SEC Can’t Do Anything About It, Analyst Says Brandt pointed to a roughly 95% decline in that period and said this trend shows fiat currency can lose value over decades. He argued that while gold has held value for many years, Bitcoin is now positioned to serve as a store of value going forward. According to market watchers, the tariff talk has changed the short-term mood but not resolved which asset is the better long-term refuge. Institutional buyers like Strategy and Metaplanet are making public bets on Bitcoin, and that shapes expectations. At the same time, gold’s record high reminds investors that demand for tangible stores of value can spike on policy risk. Featured image from Unsplash, chart from TradingView
The surge comes after gold futures hit an all-time high and amid concerns over the impact of U.S. tariffs on Switzerland's gold exports.
The Shiba Inu community is in its most defining moments as it kicks off its first election that will decide an interim president and set the course for the $7 billion token ecosystem’s future. With the fifth “Shib Year” now underway, some community members see the election as a significant step toward decentralization, with debates over leadership, transparency, and accountability heating up across the community. What’s Happening Inside the Shiba Inu Community In an August 4 post titled ELECTIONS, Shiba Inu’s lead developer, Shytoshi Kusama, announced that the community will choose a new lead visionary and councils for each DAO, calling it “the true birth of a network state.” The election announcement has brought long-standing frustrations to the surface, with some community members accusing Kusama of poor leadership, lack of transparency, and keeping too much control in the hands of a few. Related Reading: Man Who Threw Away $1 Billion In Bitcoin Debunks Rumors, Here’s The Progress Woof Swap, a vocal voice in the Shiba Inu ecosystem, has been especially blunt, calling for leadership with “actual ability, not just visibility.” They wrote, “We don’t need an incompetent president,” and stressed that leaders must have the skills, strategy, and resources to guide the project forward. Other long-time supporters, like Shiba Germany, have raised concerns about broken promises, such as the unfulfilled goal of activating 100 validators and onboarding a billion users. There is also unease about projects like SHY and POE, seen as distractions from Shiba Inu’s core goals, arguing that the election will only work if it leads to leaders aligned with Ryoshi’s original vision of transparency, decentralization, and shared responsibility. How The Shiba Inu Major Electoral Process Will Work The Shiba Inu elections will unfold in three main phases. First, open nominations will allow any member of the community to apply. The top ten nominees will move on to a debate stage, with live or recorded sessions hosted across platforms. A second vote will narrow the field to three finalists, who will then face a final vote one week later. The winner will serve as interim president until the position is formally approved, no later than four months after the start of “Shibizenship.” Related Reading: Shiba Inu Team Member Reveals ‘Primary Challenge’ And ‘Top Priority’ Amid Market Uncertainty Voting will follow a “1 token = 1 vote” system with any SHIB ecosystem token – SHIB, BONE, TREAT, or LEASH. Kusama argues that the voting system is fair by giving more influence to those with the most invested in the ecosystem’s success, as they have the most at stake. But the Shiba Inu Foundation will still hold veto power, a point that has fueled claims the process is more “controlled democracy” than complete decentralization. The interim president will coordinate the transfer of power, carry out the vision laid out in the “Shib White Paper,” establish the first congress of four DAO councils, and manage the community’s billion token economy. Logistical details, including the exact dates for nominations, debates, and voting, will be announced soon. With millions of holders worldwide and billions in value on the line, the outcome of these elections will shape Shiba Inu’s direction for years to come. Featured image from Unsplash, chart from TradingView.com
Once skeptical about Bitcoin, America’s biggest banks are now rushing to get a piece of the action. From JPMorgan to Goldman Sachs, these financial giants are moving into Bitcoin custody, trading, and rewards programs. The game has clearly changed. Here’s what you must know. Big Banks Move Into Bitcoin A recent chart by River reveals …
The Shiba Inu price is gaining attention today as innovative gaming integrations help burn tokens and reward players, while the project takes significant steps toward full decentralization as Shiba Inu enters its fifth year. Backed by strong community sentiment and reduced exchange reserves, SHIB is now showing potential for a breakout in the near term. …
A week after selling $8.3 million in ETH, Arthur Hayes bought back at a higher price, telling Crypto Twitter he’ll “never take profit again.”
The move would see World Liberty Financial join other crypto treasury firms, and comes as Trump adopts pro-crypto policies.
On Friday, VivoPower International PLC, a Nasdaq-listed solar power company, announced that it plans to purchase $100 million worth of Ripple Labs Shares. With this deal, the company is planning to expand its XRP-focused digital asset treasury with a discount to current market prices. VivoPower Shares Surge 32% VivoPower’s bold $100 million bet on Ripple …
It’s been another eventful week for crypto, with developments ranging from regulatory decisions and market moves to big policy shifts. The mix of market milestones and political decisions is setting up a busy few months ahead. Missed anything? Don’t worry. This article is all you need to catch up. Let’s dive in. #1 Trump Signs …
A WLFI treasury company would join treasury companies holding tokens like bitcoin, Ethereum, Solana, Hyperliquid, and a growing suite of others.
Bitcoin is holding close to $120,000 and traders are wondering if it has the fuel to hit a new all-time high this year. There are a few major forces that could make that happen. And now, a new U.S. policy change might just give Bitcoin the biggest push of all. Money Supply Surge Could Push …
Analysts have issued a fresh Cardano price prediction, projecting a 52% surge that could push its value back above $1.20. Despite experiencing significant volatility earlier in this market cycle, analysts remain optimistic about Cardano’s breakout potential. Recent chart patterns also reveal a setup of falling wedges followed by strong rallies—a formation that has historically preceded significant gains for ADA. Cardano Price Prepares For A 52% Rally Crypto analyst Javon Marks has released a new analysis on the Cardano price, highlighting a compelling technical setup that mirrors previous bullish breakouts. In his August 8 report on X social media, Marks’ analyst shared a chart displaying a series of falling wedge patterns, each followed by a significant upward price surge. Related Reading: Cardano Marks Historical Milestone With Governance Vote, Hoskinson Reacts In past instances, these breakouts triggered powerful price rallies, with the latest formation suggesting a potential surge of more than 52% from current levels. This current falling wedge started taking shape in early 2025, with Cardano initially breaking above the upper boundary before pulling back and entering a consolidation phase—mirroring the pattern seen in past cycles. Now the cryptocurrency looks set for a potential breakout, and Marks forecasts that it could send Cardano’s value to levels not seen in over a year, targeting $1.2 or higher on the back of a projected 52% rally. The analyst’s report also indicates that this projected rally could end up being a potential launchpad toward a much larger bullish cycle—one that could see the price of ADA extending toward the $2.9 region. Reaching this milestone would require Cardano to surge more than 261%, representing a remarkable upswing. Notably, the repeated pattern of wedge formation and breakout seen on the Cardano price chart reflects market behaviour in which consolidation phases are followed by aggressive buying pressure. Historically, ADA has responded to similar setups with sustained upward momentum, and the current chart structure suggests that market conditions may already be aligning for another explosive move. Cardano Community Sentiment Hits Record Highs Beyond technical signals, Cardano’s growing community enthusiasm is providing additional fuel for a potential momentum boost. According to recent data, ADA now ranks second across the entire crypto sector for most bullish community sentiment. This surge in optimism reflects investors’ confidence in the altcoin’s long-term prospects, supported by its ongoing network developments and ecosystem growth. Related Reading: A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH Historically, high market sentiment often translates into stronger price action as traders and long-term holders become more confident in a cryptocurrency’s potential to surge. If additional bullish catalysts align with Cardano’s growing community-driven sentiment, the cryptocurrency, which is currently priced at $0.8, could see its value soaring even further. Presently, Cardano’s price is experiencing robust growth. CoinMarketCap’s data shows that the cryptocurrency has surged by nearly 30% over the past month and gained over 11% in the past week. However, despite this price increase, Cardano’s daily trading volume has dropped by approximately 31%, introducing some uncertainty into its market outlook. Featured image from Pixabay, chart from Tradingview.com
The Cardano price today is showing renewed bullish momentum, climbing to $0.80 with a 2% intraday gain, at the time of writing. This move comes as the multi-month falling wedge pattern’s ongoing breakout from July is still in play in August, where the daily chart reveals that it is set to complete its pullback phase. …
The Midnight Network has launched its highly anticipated Glacier Drop airdrop, and it is making waves across the blockchain space. With a multi-chain approach and a strong focus on rewarding Cardano supporters, the event is pulling thousands of new users into the Cardano ecosystem. Read on to know how! Cardano Takes the Lion’s Share The …
Ethereum (ETH) price has reclaimed a major psychological milestone, surging above $4,000 for the first time in years and hitting an intraday high of $4,237. This marks Ethereum’s strongest performance since December 2021, signaling renewed bullish momentum across the cryptocurrency market. Multiple factors—from institutional inflows to technical breakouts—are fueling this rally, and traders are now …
World Liberty Financial, a cryptocurrency venture backed by the Trump family, is planning to create a publicly traded company valued at roughly $1.5 billion to hold its native WLFI tokens. The move aligns the firm with a growing trend of digital-asset treasury companies that hold cryptocurrencies on their balance sheets. Why World Liberty is Creating …
Altcoin traders can hardly contain themselves as the long-awaited breakout appears to have begun. ETH posted gains of over 20% the last seven days and smaller cap coins like SOL, DOGE, and BNB are close behind, with Chainlink’s LINK token up 30% in the same timeframe. Does this mean alt season finally here? A painful […]
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The long-running Ripple vs. SEC lawsuit has finally concluded, removing a significant overhang for XRP and reigniting investor interest. On August 8, 2025, the SEC officially ended the lawsuit, with Ripple agreeing to pay a $125 million penalty and abiding by an injunction that restricts unregistered institutional sales of XRP. This development marks a pivotal …
Digital Wealth Partners Management (DWP Management), a digital asset investment firm, has raised about $200 million in capital across its fund strategies since April. Notably, every in-kind contribution was made in XRP, signaling strong institutional confidence in the token. The capital call spans multiple strategies, suggesting growing demand for crypto-native allocations. DWP’s move highlights XRP’s …
Ethereum’s surge past the $4,000 mark triggered a massive $110 million short liquidation in just 60 minutes. Traders betting on a drop were caught off guard as the sudden rally invalidated bearish positions. The move was driven by strong market sentiment, bullish technical indicators, and rising institutional inflows. This event highlights the high-risk nature of …
Pi Network may have built one of the largest communities in crypto, with tens of millions of users worldwide, but its journey to mainstream recognition is far from smooth. Despite its massive following and growing brand value, Pi Coin has yet to secure a spot on major exchanges like Binance or Coinbase. Crypto analyst Mr …
VivoPower shares surged over 32% after announcing a $100 million plan to buy Ripple Labs shares, expanding its exposure to Ripple equity and XRP tokens.
Bitcoin price could surge in 2025 driven by global money supply growth, ETF adoption, and retail inflows.