Currently, the US Securities and Exchange Commission is reviewing multiple XRP ETF applications. However, most of them are pending for final decision. The odds are now restored as the regulatory clarity develops with the Ripple lawsuit dismissal. List of XRP ETFs Filings with the SEC ProShares Ultra XRP ETF Application filed on January 17, 2025, …
The long-running Ripple vs. SEC lawsuit is finally coming to an end. This week, the U.S. Securities and Exchange Commission (SEC) filed a status report with the Court of Appeals, noting that both Ripple and the SEC had jointly agreed to dismiss their appeals. While some XRP supporters thought the case still needed a judge’s …
The Ethereum price has most recently witnessed a sharp pullback from its all-time high of $4792, scaring many investors, which is influenced by ETF flow shifts and macroeconomic pressure built by a recent report by the US. Despite this correction, some major institutional players and whales continue to show their optimism for ETH crypto as …
Driven by the global trend, the UAE introduced several crypto regulations to boost its digital finance. In July, Emirates signed a Memorandum of Understanding (MoU) with Crypto.com to explore ways to integrate crypto into travel payments. The full integration is expected to launch in 2026. Understanding the Emirate’s MOU with Crypto.com With the new initiative, …
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
The distributor is rolling out an XRPL-powered system for 6,500 pharmacies to speed up payments, cut costs, and expand blockchain use in healthcare finance.
Ethereum is holding firmly above the $4,400 level after recently reaching $4,792, just shy of its 2021 all-time high. The world’s second-largest cryptocurrency has seen weeks of massive gains, driven by strong institutional interest, shrinking supply on exchanges, and growing demand across decentralized finance. Bulls remain in control as momentum pushes ETH closer to record-breaking territory. Related Reading: Memecoins Lose Ground In Market Share As Ethereum Absorbs Liquidity However, risks are also building as the market enters a new phase of volatility. After such a sharp rally, profit-taking and speculative rotations could trigger stronger pullbacks. Key data highlights the intensity of current activity: Ethereum’s on-chain volume has surged to $12.93 billion, signaling heightened transaction flows and renewed investor participation. Historically, spikes in on-chain volume have coincided with critical turning points, either fueling further breakouts or marking the start of consolidations. The coming days will be crucial in determining whether Ethereum extends its bullish trajectory or enters a cooling-off phase. Ethereum Heads Toward 2021 Levels Amid Market Uncertainty With ETH trading above $4,400 after setting a local high at $4,792, market participants are watching closely as the asset approaches its former peak. The question now is whether Ethereum will mirror its explosive rallies of the past or pause for a consolidation before making a sustained breakout. On-chain data reinforces the bullish narrative. Ethereum’s on-chain volume has surged to nearly $12.9 billion, putting it close to the $16 billion peak recorded in 2021. This growing transactional activity highlights both renewed market participation and strengthening fundamentals. Historically, such spikes in on-chain activity have accompanied major upward phases, reflecting not just speculation but also deeper network utility. The broader market context adds weight to the discussion. Bitcoin appears to be entering its final bull phase move, typically a period that determines whether capital begins to rotate heavily into altcoins. Many analysts believe this could mark the beginning of altseason, with Ethereum leading the charge. At the same time, supply dynamics remain highly favorable. Exchange balances are shrinking, while OTC reserves dry up, signaling institutional accumulation. This tightening supply picture could amplify any bullish breakout. Related Reading: Bitcoin STH SOPR-7d Signals Healthy Demand: Market Absorbs Selling Pressure Weekly Chart Analysis: Key Levels To Hold Ethereum’s weekly chart highlights a decisive bullish breakout, with ETH trading at $4,425 after reaching a peak of $4,792, just below its all-time high from 2021. This rally represents one of the strongest weekly moves in years, fueled by consistent buying momentum and tightening supply conditions. Price action shows ETH has broken above long-term moving averages, with the 50-week SMA at $2,771, 100-week SMA at $2,761, and the 200-week SMA at $2,442 now far below current levels. This positioning confirms a strong uptrend structure, suggesting ETH has firmly transitioned into bullish territory after a prolonged consolidation phase. The current resistance remains the psychological $4,800–$5,000 zone, which aligns with the 2021 all-time high. A sustained breakout above this level would open the path toward uncharted territory, with analysts pointing to possible targets between $5,500 and $6,000 if momentum continues. Related Reading: Bitcoin Volatility Hits 2-Year Low As 30-Day Range Tightens However, risks remain as ETH approaches these levels. Weekly candles show sharp upward extensions, raising the potential for short-term pullbacks. Still, as long as ETH holds above $4,200–$4,300 support, the structure remains bullish. Featured image from Dall-E, chart from TradingView
The Fed is lately softening its stance on digital assets, changing how banks can work with crypto and new tech. On Friday, the Federal Reserve announced that it is ending its special supervision program for “novel activities” such as crypto and fintech services offered by banks. Fed Moves Banks’ Crypto Review Back to Normal Oversight …
A long-time Bitcoin holder, known as “19D5J8,” has resurfaced after five years of complete dormancy. The wallet is among the Bitcoin OG addresses, holding a massive 23,969 BTC, worth about $2.82 billion. Earlier today, the whale transferred 3,000 BTC, valued at approximately $353 million, to a newly created wallet. Such large movements after years of …
Sui price continues to face headwinds, dropping 3.25% in the last 24 hours to $3.72 and losing 4.63% over the past week. The market cap has slipped to $13.09 billion, while 24-hour trading volume plunged 37% to $1.32 billion. SUI traded between $3.63 and $3.88 during the session, reflecting investor caution after a broad cryptocurrency …
Ethereum investors, watch out. ETH is once again in the spotlight for Samson Mow. The JAN3 CEO and outspoken Bitcoin advocate has urged ETH holders to move fast, calling this the “last chance to sell ETH above 0.03 BTC.” Mow’s warning comes at a sensitive moment for Ethereum. Here are the critical details you should …
This week saw record trading in US spot Bitcoin and Ether ETFs, driven largely by a sudden rush into Ether funds. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm According to ETF analyst Eric Balchunas, Ether ETFs alone posted roughly $17 billion in weekly volume, a figure that surprised many after months of quiet. The spike has pushed trading desks to rethink how fast money can flow into these funds. Ether ETFs Record Big Volume Reports have disclosed that spot Ether ETFs not only logged about $17 billion in weekly trading volume, but also saw a record single-day net inflow of $1 billion. Across the first two weeks of August, the funds pulled in more than $3 billion. According to Balchunas, it was almost as if the Ether ETFs were in hibernation mode for 11 months and then crammed one year’s worth of activity into six weeks. That phrase captured how suddenly demand arrived. Spot Bitcoin + Ether ETFs did about $40b in volume this week, biggest week ever for them, thanks to Ether ETFs stepping up big. Massive number, equiv to a Top 5 ETF or Top 10 stock’s volume. pic.twitter.com/Z89uV63A3w — Eric Balchunas (@EricBalchunas) August 15, 2025 Price Peaks And Quick Pullbacks Based on market data, Bitcoin hit a headline-making high of $124,000 on Thursday, while Ether came within nearly 2.1% of its November 2021 high by reaching $4,787, CoinMarketCap data shows. The highs did not stick. Since Thursday, Bitcoin has fallen over 5% from that peak and was trading around $117,648, while Ether dropped 6.15% and sat near $4,475. Short swings like these are common when excitement and fresh flows meet thin liquidity. Comparisons To The Bitcoin ETF Run Analysts are drawing parallels to last year’s Bitcoin ETF rush. Reports point out that Bitcoin ETFs reached new highs of $73,680 just two months after launching in January 2024. MN Trading Capital founder Michael van de Poppe said, “There’s way more to come for this cycle.” That view reflects optimism among some traders that ETFs can keep driving prices higher across crypto markets. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details Caution From Market Watchers At the same time, some market watchers warn that a fresh all-time high for Ether could still be weeks or months away. Flows can be volatile. Big one-day inflows can move markets quickly, but they can also reverse just as fast when traders take profits or shift strategies. If Ether funds keep bringing in large sums beyond the first two weeks of August, the move looks more durable. If not, the big numbers could turn out to be a short-lived spike. Based on reports and market behavior so far, ETFs are clearly a major near-term driver for both Bitcoin and Ether. The story is still unfolding. Some expect more gains; others urge patience. Either way, the sudden rush into Ether ETFs has made this chapter one of the busiest in recent crypto trading history. Featured image from Pexels, chart from TradingView
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is preparing to go public in the U.S., despite its financials showing mounting losses. The move comes at a time when more crypto firms are going public in the U.S., showing that the industry is pushing ahead with growth plans. Gemini Targets Nasdaq Listing The crypto …
The outflow day for spot Ether ETFs comes just after Ether narrowly missed reclaiming its 2021 all-time high.
Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could be facing increased downside risk in the short term. Related Reading: Memecoins Lose Ground In Market Share As Ethereum Absorbs Liquidity At the same time, on-chain data paints a more constructive picture for long-term stability. According to the latest insights, the Long-Term Holder (LTH) cohort—those holding Bitcoin between six months and two years—has significantly increased its supply. Since April, when BTC was trading at $83,000, their holdings have grown from 3.551 million BTC to 5.191 million BTC, a remarkable increase of 1.64 million BTC. This accumulation suggests strong conviction among seasoned investors, even as short-term volatility challenges the market. While traders focus on whether Bitcoin can reclaim $120,000 and establish a firm breakout, the ongoing buildup by long-term holders reinforces the broader bullish structure. The clash between short-term weakness and long-term strength will likely define Bitcoin’s next major move. Bitcoin Long-Term Holders Signal Strength According to top analyst Axel Adler, Bitcoin’s latest test of the all-time high at $118,000 showed a very different behavior compared to past cycles. During this move, long-term holders (LTHs) who have been holding coins between six months and two years engaged in some profit-taking. Data reveals their seven-day average spending climbed to 20,000 BTC. However, this level is far below the typical distribution spikes of previous cycles, where spending often surged to between 40,000 and 70,000 BTC. This more moderate selling activity suggests that the conviction among long-term holders remains strong. Rather than aggressively taking profits, many are choosing to continue accumulating or simply holding their positions. Adler highlights that accumulation still outweighs distribution, reflecting confidence in the market’s future direction. Such behavior from experienced participants typically signals a healthier, more sustainable bull phase, where selling pressure is absorbed without disrupting the broader uptrend. Despite this encouraging backdrop, Bitcoin faces a crucial technical test. To confirm the strength of the latest move, BTC needs to decisively push above the $125,000 level. A breakout beyond this resistance would likely validate the resilience shown by long-term holders and open the path toward further price discovery. If bulls succeed, the combination of institutional demand, long-term accumulation, and reduced selling pressure could drive the next major rally. Conversely, failure to reclaim $125,000 in the near term might give bears room to test lower levels before the next leg up. Related Reading: Bitcoin STH SOPR-7d Signals Healthy Demand: Market Absorbs Selling Pressure Testing Support After ATH Rejection Bitcoin’s 4-hour chart shows price retreating after a sharp rejection near $123,200, just below the recent all-time high at $124,000. Following this failed breakout attempt, BTC has slipped back toward $117,300, where it is currently holding above the key confluence of the 100 and 200 moving averages. This zone between $116,900 and $117,600 is acting as immediate support. A decisive breakdown here could expose further downside toward $115,000. However, the moving averages continue to slope upward, reflecting an underlying bullish structure despite the short-term weakness. Related Reading: TRON Long-Term Holders See Massive Gains As TRX Pushes Toward Multi-Year Highs The repeated rejection at $123,000–$124,000 highlights the importance of this resistance. Bulls will need to reclaim this zone with conviction to confirm momentum and extend the uptrend toward higher levels. Until then, the market remains in a consolidation phase, with traders closely watching if support at the $117K region holds. Featured image from Dall-E, chart from TradingView
Rumors are swirling that Donald Trump Jr. may be looking into buying XRP, adding fresh speculation to the token’s growing adoption. Reports suggest that the Trump family could be preparing an investment in the XRP ecosystem. If true, this could mean a big endorsement of Ripple’s technology and the cryptocurrency’s future role in finance. Expert …
Lagrange, a pioneer in zero-knowledge proof generation for AI verification, is back in the spotlight. For those unaware, its flagship product, DeepProve, delivers the fastest zkML system available. Thereby making private AI computations more secure and scalable. Lagrange’s native token, LA has surged sharply, gaining 24% in the last 24 hours and over 30% in …
Bitcoin price today pulled back sharply after touching $123,000, triggering more than $800 million in long liquidations across crypto markets. Analysts warn of near-term weakness but maintain that the broader uptrend remains intact. The world’s largest cryptocurrency briefly broke above its major horizontal range before facing heavy selling pressure. The rejection sent prices back toward …
Digital asset management firm Grayscale has filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch a spot Dogecoin ETF. If approved, it will be listed on the New York Stock Exchange Arca. The ETF would trade under the ticker symbol GDOG. Grayscale Files for Dogecoin ETF Grayscale has proposed an …
Amid the recent market pullback, Solana (SOL) is attempting to reclaim a crucial area to continue with its bullish rally. Some analysts have suggested that the cryptocurrency will likely break out to new highs if a key support level is held. Related Reading: Cardano (ADA) Remains Green Despite Market Pullback – Is It Ready For A 70% Run? Solana Back Below $200 Earlier this week, the market soared under the lead of the two largest cryptocurrencies. Bitcoin (BTC) hit a new all-time high (ATH) of $124,000, and Ethereum (ETH) hit a multi-year high of $4,788 in the early hours of Thursday. Nonetheless, higher-than-expected macroeconomic signals and the US’s decision not to purchase BTC for its Strategic Reserve sent the market into a nosedive, with most tokens bleeding throughout the day. Solana, which had just climbed to an eight-month high of $209, saw a 10% drop from the highs, retesting the recently reclaimed $190 support level. Price continues to dip after the US Securities and Exchange Commission (SEC) announced it had pushed back its decision on multiple Spot SOL exchange-traded funds (ETFs). “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change, and the issues raised therein,” the regulatory agency stated. The SEC delayed the final deadline for the decision on Bitwise, 21Shares, VanEck, Grayscale, and Canary Capital Solana ETFs for two months, pushing it to October 16, 2025. Despite the delay, ETF expert James Seyffart suggested that the SEC’s decision is not a bad sign, adding that he expects standard spot SOL ETFs to be approved by mid-October “at the latest.” The altcoin dropped to the $188 area before bouncing. After the brief market recovery, SOL continued to retest the $180-$190 area, hovering between the $184-$186 support zone throughout Friday afternoon. Last Dip Before New Highs? Analyst Ali Martinez offered a positive outlook for the cryptocurrency, affirming that Solana might be offering “a final buy-the-dip chance” before a potential 100% rally from current levels. The analyst pointed to a six-month ascending triangle pattern on the altcoin’s chart, which targets the $360 area once it breaks out of the formation. Notably, SOL has retested the pattern’s resistance twice since the July breakout, with its latest rejection occurring on Thursday. Amid the recent performance, Martinez also noted that wallets holding over 10,000 SOL tokens hit a new ATH this week, with 5,224 wallets holding around $2 million worth of Solana each. Related Reading: Ethereum Eyes ‘Final Boss’ Level, But Analyst Says Weekly Close Is Key For Price Discovery Run Meanwhile, Sjuul from AltCryptoGems asserted that the cryptocurrency is “trading in a perfect uptrend, already tested the resistance at $200 three times,” highlighting SOL’s four-month ascending channel. To the market watcher, Solana will likely break out and move to ATH levels soon if it holds above the $180 level, which has been a crucial support and resistance area for the altcoin this cycle. As of this writing, SOL is trading at $184.9, a 4.7% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Trump’s crypto venture, World Liberty (WLFI), has made a significant $18.6 million investment using USDC. The firm purchased 84.5 Wrapped Bitcoin (WBTC) at an average price of $118,343 each, along with 1,911 Ethereum (ETH) at $4,500 each. This move strengthens WLFI’s digital asset portfolio and signals growing confidence in leading cryptocurrencies like Bitcoin and Ethereum. The investment highlights WLFI’s ongoing strategy …
Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether's price go higher, says Santiment.
Cardano price is showing renewed strength, rising 4.06% in the past 24 hours to $0.9587 and gaining nearly 19% over the week. With a $34.12 billion market cap, the trading volume has sunk 40% to $3.51 billion as profit-taking sets in. Wondering why is Cardano making buzz again? And how far will ADA price go …
Michael Saylor, chairman of the largest public Bitcoin treasury company, Strategy (formerly MicroStrategy), is embarking on what could be his most daring financial venture yet: the introduction of perpetual preferred stock as a new funding mechanism. This new approach seeks to move away from traditional methods like common stock sales and convertible bonds, which have already helped Strategy amass $75 billion in Bitcoin assets. Saylor’s Bitcoin Credit Model The perpetual preferred stock, branded “Stretch,” offers a unique financial structure—these securities do not mature and can even defer dividend payments, providing flexibility for the issuer while potentially unsettling investors. Related Reading: Ethereum Faces The Level That Decides Everything: Analyst The Stretch offering features variable-rate dividends and lacks voting rights, positioning it as neither conventional debt nor typical equity. Saylor believes this could provide the company with the necessary capital to continue acquiring Bitcoin. According to Bloomberg, over the next four years, he plans to retire billions in convertible notes, reduce common stock sales, and rely more heavily on preferred offerings as his primary funding source. This ambitious plan aims to establish a “BTC Credit Model,” where Bitcoin underpins a new stream of income. Saylor envisions the potential to raise “$100 billion… even $200 billion” if demand for these securities is strong. High-Yield Risks So far this year, Strategy has raised approximately $6 billion through four perpetual preferred offerings, with the latest $2.5 billion tranche being one of the largest capital raises in the crypto space this year. As Michael Youngworth from Bank of America noted, this retail-driven approach is unique in the corporate preferred market, which is typically dominated by investment-grade institutions. However, there are concerns about the sustainability of this model. The perpetual preferreds require ongoing, substantial dividend payments, which could be a challenge given that Bitcoin itself does not generate income. Saylor’s push for perpetual preferreds is also a strategic response to the limitations of the convertible market, which tends to exclude retail investors. Related Reading: Analyst Says XRP Price Could Explode 44,000% To Cross $1,000 Strategy’s CEO, Phong Le, has framed this shift as a way to create a more resilient capital structure, particularly in light of the challenges faced during the 2022 “crypto winter.” Despite the potential advantages, the high yields associated with perpetual preferreds—often between 8% and 10%—could become burdensome, especially in a market downturn, according to experts. Critics like short-seller Jim Chanos have labeled these instruments as “crazy” for institutions to buy, given their non-cumulative nature and the issuer’s discretion over dividend payments. When writing, Bitcoin trades at $117,260, retracing over 5% from the recently achieved $124,400 all-time high earlier in the week. Year-to-date, the market’s leading crypto is up 101%. Featured image from DALL-E, chart from TradingView.com
Grayscale has officially submitted an S-1 filing to launch the first U.S. spot Dogecoin exchange-traded fund (ETF) under the ticker symbol “GDOG”. If approved, the product would give investors direct exposure to Dogecoin through a regulated market instrument, marking a major step for the memecoin’s mainstream adoption. This move also expands Grayscale’s growing lineup of crypto-focused …
Bitcoin’s price has entered a consolidation phase, holding steady after its strong rally to new highs earlier this year. This “pause” is typical after big rallies, as traders take profits and new catalysts are awaited. Consolidation phases often precede major breakouts, making this a crucial period for both short-term traders and long-term holders. While traders …
BitMine, an Ethereum-focused treasury company, has added 135,135 ETH worth $600 million to its holdings. The purchase was made through three major institutional service platforms, FalconX Global, Galaxy, and BitGo. With this latest accumulation, BitMine’s total Ethereum reserves now stand at 1.297 million ETH, valued at $5.77 billion. This move highlights BitMine’s continued confidence in …
A headline is making waves in the crypto world as Google reportedly acquires an 8% stake in Bitcoin miner TeraWulf in a $3.7 billion deal. Many in the crypto community are claiming that Google has officially entered the Bitcoin mining space. So, what’s the truth behind the news? Here’s a detailed, fact-checked breakdown. Where Did …
Bitcoin remains under the $120,000 price mark following a pullback triggered by remarks from the US Treasury that the federal government will not be purchasing the cryptocurrency. At the time of writing, BTC is valued at approximately $118,612, representing a 4.1% decline from its record high above $124,000 reached earlier this week. The market seems to be currently assessing whether this consolidation phase will lead to renewed upward momentum or extend the correction. Recent blockchain data has brought attention to activity on Binance, the world’s largest cryptocurrency exchange by trading volume. Related Reading: Bitcoin Act Is Still America’s Playbook, Clarifies Senator Lummis Bitcoin Exchange Inflows and Potential Impact According to CryptoOnchain, a contributor to the on-chain data provider platform CryptoQuant, the exchange has recorded one of the seven highest average Bitcoin inflows in recent months. This increase, measured by the Mean Inflow metric, reflects a greater volume of BTC being transferred into Binance wallets, potentially as preparation for selling, using as collateral for leveraged positions, or institutional portfolio adjustments. CryptoOnchain explained that persistent high inflows often indicate that more Bitcoin is moving from private wallets to exchange trading accounts. Without equivalent buying demand to offset this, the increase in supply can create short-term selling pressure. The positive netflow trend, where inflows surpass withdrawals, supports this interpretation, showing that Binance’s Bitcoin reserves are growing. Historically, similar patterns have preceded periods of price volatility, particularly if large holders decide to offload positions or hedge via derivatives markets. If inflows continue at their current pace without a parallel rise in demand, the analyst suggests the market could experience higher short-term downside risk. On the other hand, if these inflows are met with strong buying interest, they could provide liquidity for further price movement. The key factor remains whether the increase in exchange-held BTC is driven by selling intentions or strategic positioning ahead of market developments. Leverage Trends Point to Lower Speculative Risk A separate analysis from another CryptoQuant contributor, Arab Chain, examined Binance’s Estimated Leverage Ratio (ELR) for Bitcoin. The ratio, which measures open interest relative to exchange reserves, recently dropped from its early August peak above 0.27 to around 0.25, before showing a modest rebound. From May to late July, both Bitcoin’s price and the leverage ratio rose together, suggesting heightened participation from traders using larger positions. The recent drop in leverage, despite prices remaining near $119,000, indicates a reduction in speculative exposure, possibly from liquidated high-risk positions or profit-taking after rapid price gains. Arab Chain noted that a lower leverage ratio during a period of price stability can be a constructive sign, as it implies that market support is coming from actual liquidity rather than excessive speculation. Related Reading: The Bitcoin Cycle You Knew Is Dead, Says Capriole Founder Should the ELR remain between 0.24 and 0.25 while Bitcoin gradually moves above $120,000, it could signal a price advance driven more by spot demand than leveraged trading. However, a sudden rise in the leverage ratio above 0.27 during another test of the $120,000–$124,000 range would increase the risk of a sharp correction. This would mirror the conditions seen during previous liquidation events, where a combination of high leverage and rapid price movements triggered large sell-offs, the analyst noted. Featured image created with DALL-E, Chart from TradingView