Centrifuge joins BlackRock’s BUIDL and Ondo Finance in the $1 billion RWA club as demand grows for tokenized products.
Crypto’s original promise was borderless finance, and stablecoins have delivered the same. In 2025, USDT, USDC, and their competitors have grown from simple trading tools into a new digital payment modes. This is right from businesses, gig-workers, and ordinary people seeking a haven from inflation. In this report, I talk about how stablecoins are shaping, …
The Pi Network community has been excited with rumors about a Binance listing, with many speculating that the token would go live on the exchange on August 15. However, the date has come and gone without any official listing, confirming what some analysts had already suggested. Dr. Altcoin had earlier warned that both Binance and …
XRP is showing some mixed signals in the charts this week. On the weekly time frame, analysts are pointing to a bearish divergence. While XRP’s price has been making higher highs, the Relative Strength Index (RSI) is showing lower highs. This mismatch often means that momentum is weakening, even if the price continues to climb. …
As the current market is flooding with crypto ETF applications, odds are rising for approval. Currently, the only approved XRP ETF in the US is the ProShares Ultra XRP ETF. However, with the recent regulatory changes and the Ripple platform’s own developments, the SEC’s approval of many more ETFs may arrive soon. Impact of Ripple …
The Treasury is considering embedding digital identity checks into DeFi smart contracts as part of its GENIUS Act consultation on crypto compliance tools.
The Aave (AAVE) market is now showing signs of exhaustion after an impressive price rally earlier in August. Following a resounding rejection at the $335 price region, the DeFi token is exhibiting significant hawkish potential as reflected by a 12.03% decline in the past 48 hours. Interestingly, renowned market analyst Ali Martinez shares some potential downside targets derived from an emerging bearish pattern. Related Reading: Exit Scam? DeFi Protocol CrediX’s Team Vanishes Following $4.5 Million Exploit AAVE Faces Double-Top Risk: $230 Target Looms If Key Supports Fail In an X post on August 16, Martinez provides a technical outlook on the AAVE market, noting the formation of a double top pattern, i.e., a classic bearish candle formation that emerges when an asset rallies twice to a similar resistance zone but fails to establish a breakout, followed by a breakdown beneath the neckline support to form a “M” shape. Looking at the AAVE chart below, the double top pattern is well observed in the two instances of a price surge to around the $335 price region, followed by decisive pullbacks in July and recently this August. Notably, AAVE has now slipped below the key support region between $300-$310, turning investors’ attention to deeper floor targets. Based on Martinez’s analysis, the pivotal level to monitor is $278–$280, which represents the neckline of the M-pattern. A decisive break and close below this level would validate the bearish projection and expose AAVE to further downside. The market expert projects that, should this neckline fail, the token could spiral toward $230, a level not seen since early summer. On the flip side, invalidation of the bearish thesis requires AAVE to hold above the $278-$280, before launching a rebound to reclaim the $335 resistance zone. Such a move could reestablish bullish momentum, setting the stage for a potential test of the $370 region. Related Reading: XRP Price Could Be Headed To New All-Time Highs Due To These Factors AAVE Surpasses $3 Trillion In DeFi Deposits In other developments, the Aave protocol has now recorded over $3 trillion in deposits since its launch in December 2020. According to data from DefiLlama, the prominent lending protocol currently holds $37.15 billion in total value locked (TVL) with major host chains including Ethereum, Arbitrum, Base, etc. Meanwhile, the Aave token trades at $296 after a slight 0.71% loss in the last 24 hours. However, the DeFi token is down by 7.55% on its monthly chart, amid widespread crypto market corrections. Nevertheless, a year-on-year profit of 168.77% supports its position as a top-performing token in the present market cycle. With a potential altseason on the horizon, Aave also remains one asset on investors’ alert, being part of the largest 40 cryptocurrencies based on crypto market cap. Featured image from aave.com, chart from Tradingview
Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies.
Canary Capital CEO Steven McClurg’s bear market warning comes as other industry executives don’t expect a sharper downturn for Bitcoin anytime soon.
Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to surge at an unprecedented pace, providing strong support for the asset’s long-term outlook. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records In recent weeks, Ethereum ETFs have reported massive inflows even as price action consolidates, signaling that large-scale investors remain confident in further gains. At the same time, public companies are beginning to follow a Bitcoin-style playbook, adopting Ethereum in their treasury strategies. This combination of ETF inflows and corporate accumulation represents a structural shift in ETH’s market dynamics, tightening supply and reducing sell pressure across major exchanges. For traders and investors alike, the key question now is whether Ethereum can sustain momentum and push beyond the $4,900 barrier into uncharted territory. With demand growing from both institutions and companies, the setup remains bullish, but volatility is expected to persist as the market digests these historic moves. The next breakout could define ETH’s trajectory for the rest of the cycle. Ethereum ETF Inflows Signal Strong Institutional Demand According to top analyst Ted Pillows, Ethereum ETFs just set a historic milestone, smashing records with $2.85 billion in inflows last week. This remarkable demand comes at a time when ETH is consolidating after breaking above multi-year highs. While the market is undergoing what Pillows calls a “healthy correction,” the broader trend remains firmly pointed upward. In his view, the sheer scale of institutional buying confirms that Ethereum is heading higher, with growing evidence that ETFs are reshaping the demand and supply dynamics of the market. Despite this bullish backdrop, Pillows also highlights that volatility is likely to persist. Bitcoin has shown signs of indecision, struggling to sustain momentum above all-time highs. This has created mixed sentiment across altcoins, many of which are facing uncertainty and fragmented capital flows. For Ethereum, however, the ETF-driven accumulation acts as a stabilizing force, cushioning pullbacks and supporting the ongoing trend. Onchain data further validates Pillows’ outlook, with exchange supply steadily declining and OTC reserves tightening as institutional participants step in at scale. The implication is clear: selling pressure from short-term traders is being absorbed by longer-term, high-conviction buyers. While short-term volatility may test market nerves, the overarching structure signals strength. In Pillows’ words: ETH remains on track for higher levels. Related Reading: Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases Price Consolidates Below Key Level Ethereum’s weekly chart highlights a decisive move after breaking through multi-year resistance levels, with ETH currently trading near $4,423. The rally peaked at $4,792, just short of the $4,800 psychological barrier, before retracing slightly. This rejection shows that bulls face strong resistance near prior highs, yet the overall trend remains firmly bullish. The price is holding well above key moving averages—the 50-week, 100-week, and 200-week SMAs—indicating sustained momentum and healthy market structure. The 200-week SMA around $2,442 now acts as a long-term foundation, while the 50-week SMA near $2,771 has flipped into strong support, highlighting how the market has shifted from a prolonged accumulation to an expansion phase. Related Reading: Bitcoin STH SOPR-7d Signals Healthy Demand: Market Absorbs Selling Pressure Volume spikes during the breakout confirm significant demand, suggesting institutional players and ETFs continue to accumulate. Despite the retracement from $4,792, price action remains constructive, consolidating above $4,400 while buyers defend critical zones. If ETH manages a clean breakout above $4,900, it would enter uncharted territory, likely accelerating toward new price discovery. Featured image from Dall-E, chart from TradingView
Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128.
Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records On-chain data highlights a key shift in dynamics. After a sharp increase in the 30-day average Coin Days Destroyed (CDD) — a metric often used to track long-term holder activity and selling pressure — the indicator has now dropped significantly. This decline suggests that selling pressure from older coins has eased, even after recent profit-taking. For investors, the message is clear: while Bitcoin remains in a powerful uptrend, the inability to stay firmly above $120K highlights a critical juncture. If selling pressure continues to ease, BTC could consolidate and prepare for another breakout attempt. However, failure to hold these levels may embolden bears who are already speculating on a potential top. The coming sessions will be pivotal in defining Bitcoin’s next move. Bitcoin Selling Pressure Eases As CDD Drops According to top analyst Darkfost, the Coin Days Destroyed (CDD) indicator remains one of the most reliable tools for gauging selling pressure, particularly from long-term holders (LTHs). The metric measures how long a Bitcoin has been held before being moved, essentially combining both volume and coin age. In most cases, older BTC are moved in preparation for selling, making CDD spikes a strong indicator of distribution phases in the market. On July 23rd, the 30-day moving average of CDD surged to its highest level of this cycle, reaching nearly 1.35 million. This suggested that a significant amount of long-held Bitcoin was moved — and likely sold — as investors looked to lock in profits at or near record prices. Despite this wave of selling, however, Bitcoin’s price action has held up remarkably well, signaling robust demand and the ability of the market to absorb supply without major breakdowns. Since late July, this selling pressure has notably eased. The 30-dma CDD has been steadily declining throughout August, indicating fewer older coins are hitting the market. This trend highlights renewed stability and suggests accumulation is regaining dominance over distribution. For Bitcoin’s broader outlook, the decline in CDD is a bullish signal. It shows that despite profit-taking, strong demand underpins current price levels, allowing BTC to consolidate near highs. If this trend continues, the groundwork may be laid for another leg higher in the ongoing bull cycle. Related Reading: Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases Price Analysis: Testing Key Support Level Bitcoin is consolidating just below its recent all-time high, with the chart showing clear resistance at $123,217. After briefly touching the $124K region, BTC retraced and is now trading around $117,497, sitting on top of key moving averages. The 50-day SMA (~$117,337) is acting as immediate short-term support, while the 100-day SMA (~$115,366) provides an additional safety net for bulls. The 200-day SMA (~$110,551) remains far below, reflecting the strong momentum of the current uptrend. The structure suggests indecision, with buyers defending support but failing to break above the $123K–$124K zone. A clean breakout above this level could open the path toward $130K and beyond, confirming continuation of the bull run. Conversely, a breakdown below $115K would signal weakness and expose BTC to deeper retracements. Related Reading: Memecoins Lose Ground In Market Share As Ethereum Absorbs Liquidity Momentum indicators suggest consolidation, not distribution, which aligns with the broader narrative of long-term holders selling into strength while new buyers step in. This healthy churn has allowed Bitcoin to sustain high levels without collapsing, a sign of structural resilience. Featured image from Dall-E, chart from TradingView
The incident highlights the risks of centralization in blockchain networks, potentially undermining trust and security in decentralized systems.
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A wave of anecdotes from industry figures and onlookers has pushed XRP into everyday talk in some circles, but the picture is mixed. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details According to a recent podcast episode featuring several crypto commentators, guests flagged “mania signals” as a way to spot when an asset is going mainstream. Some guests said they are now hearing XRP mentioned in casual settings, while others point to counterexamples that suggest the trend is not universal. Uber Drivers Talk Crypto Based on reports from the Unchained podcast and social posts, one guest said they had taken multiple Uber rides where drivers were trading XRP. That comment was later amplified on social media, with others sharing similar encounters. Reports have disclosed that another well-known community figure said Uber drivers in Nevada and Michigan even recognized him as “that XRP lawyer guy” after his advocacy in the Ripple–SEC case. Those anecdotes add color to claims of growing retail chatter. I’ve had 2 different Uber drivers in 2 different states (Nevada & Michigan) bring up XRP to me during the last 3 months. They said: “You look familiar” and “I know you.” I replied: “I ran for U.S. Senate against Elizabeth Warren.” Both quickly responded: “No that’s not it -… https://t.co/hsmppCsXRt — John E Deaton (@JohnEDeaton1) August 14, 2025 Small Survey Finds Little Uptake A separate, small experiment tested the idea directly. A commentator took 25 Uber rides in Ontario and asked each driver whether they held XRP. Most drivers were confused or said they did not own any crypto. One driver reported holding XRP, having bought at $1.67, and said they planned to hold long-term. Based on that sample, the experiment’s author concluded that the “Uber driver” story is overstated, or that early buyers may have already cashed out. Retail Buzz Versus Real Adoption Analysts differ on what these encounters mean. According to a Bloomberg ETF analyst cited in reports, institutional demand for a possible XRP ETF may start modest while retail interest could be greater. Other researchers in the community argue that institutions might be quietly building positions even if many retail investors remain unaware. Both lines of argument can be true at once: pockets of strong recognition can exist while broad adoption lags behind. Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed showing Crenshaw voting no, but a) she’s gonna vote no on EVERYTHING and b) it’s meaningless, she’s outnumbered = we haven’t changed our odds, still at 95%. https://t.co/TamMn8DHVh pic.twitter.com/Ip9G748HrU — Eric Balchunas (@EricBalchunas) August 7, 2025 Anecdotes Need Hard Data What matters next is measurable breadth. Watchers say to track search trends, wallet activity, and consistent reports from many cities rather than isolated meetings. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm If mentions of XRP keep appearing across unrelated places, that would be stronger evidence. For now, though, the mix of big-signal stories and low-hit surveys means the claim of wide mainstream recognition is still unproven. These first-hand accounts are compelling because they are simple and human. They make a tidy headline and spark debate online. Reports so far say they are not yet a substitute for consistent, verifiable data. Some people are clearly talking about XRP in daily life. But the jury is still out on whether that talk has crossed into broad mainstream awareness. Featured image from Unsplash, chart from TradingView
According to a new technical analysis, Bitcoin (BTC) and the broader crypto market could be mirroring historical post-halving cycle patterns. While the market has previously rallied through July and August, historical fractals point to a potential crash in September, followed by a push into a cycle peak later in the year. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details September Proves Risky For Bitcoin And Crypto Market A recent X social media post by crypto analyst Benjamin Cowen has highlighted a recurring pattern in Bitcoin’s price action that could have significant implications for the market over the coming months. His analysis shows that Bitcoin has consistently followed a post-halving cycle that exhibits distinct seasonal price movements, particularly around July, August, and September. The chart shared by Cowen illustrates that in previous cycles, Bitcoin has often rallied in July and August, fueling optimism and strong market sentiment. However, each time this has been followed by a September crash, leading to a reset before the final push toward the cycle top, which usually arrives in the last quarter of the year. According to the analysis, this repeating structure is not unique to a single cycle but has appeared across multiple past cycles, giving weight to the expert’s argument that history could be repeating. In 2013, 2017, and 2021, Bitcoin’s price behavior followed this pattern almost identically, showing strength in mid-summer and weakness in September. After a final rally to a peak, each of these cycles was eventually followed by an extended bear market phase, during which valuations corrected sharply from their highs. Based on Cowen’s report, the current cycle appears to be unfolding the same way, as Bitcoin already displayed strength in July and August this year, sparking concerns that a September pullback could be approaching. BTC Cycles Suggest Market Still Has Room To Grow A new technical analysis by crypto market expert TechDev also reveals a recurring pattern in Bitcoin’s long-term price cycles, arguing that, contrary to popular belief, the current market may still be far from its peak. The analysis, supported by a historical chart of BTC’s performance, shows that every market top has consistently occurred around 14 months after a specific cyclical signal. The chart outlines multiple Bitcoin cycles dating back to 2011, with tops and bottoms clearly marked with green and red indicators. Each upward run is followed by a significant correction and then a recovery accumulation phase. The data also revealed that each cycle top often aligned with a measured time frame of approximately 420 days. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm Based on this model, current projections show that Bitcoin still has room to run. The most recent green marker on the chart signals that the market could already be transitioning out of its corrective phase. If historical patterns hold, this could mean the market is entering a prolonged growth window rather than nearing exhaustion. Featured image from Unsplash, chart from TradingView
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said.
If you work in a nine-to-five for diminishing wages and dwindling self-respect, the author of The Bitcoin Age (Amazon affiliate link), Adam Livingston, says Bitcoin can help you break the chains of ‘wage slavery’. Let’s take a closer look. Wage slavery: you are not employed, you are monetized In today’s economy, most people like to […]
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According to CRYPTOWZRD’s recent update, Bitcoin ended the last session on a bearish note, but the broader outlook may soon shift. He noted that the Trump–Putin meeting delivered a productive outcome, which could fuel a positive reaction in the market if conditions remain steady. Daily Candle Shows Slight Bearish Bias, Yet Indecisive In his update, CRYPTOWZRD noted that Bitcoin’s daily candle closed slightly bearish. The analyst explained that although the close leaned to the downside, he would still consider the overall signal indecisive. Related Reading: Bull Case For Bitcoin At $300,000 Triggers After Reaching Critical Level Turning attention to external factors, CRYPTOWZRD highlighted that the recent meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska was productive. He pointed out that this development could create a favorable atmosphere in the broader crypto market, which may spill over into Bitcoin, unless the situation changes later on. At the same time, CRYPTOWZRD stressed that traders cannot overlook the traditional markets, where the weekly candle closed bearish. He described this as an early warning sign that should not be dismissed, as it may serve as a precursor to deeper corrections if unexpected developments occur. In his view, this makes it necessary to remain alert, even in the face of seemingly positive momentum elsewhere. While a productive geopolitical meeting may boost investor confidence, the bearish weekly signal in traditional markets is a reminder that conditions can quickly shift. As for his approach, CRYPTOWZRD stated that his focus remains on the lower timeframe chart formations. He believes this is where quick scalp opportunities are likely to emerge, allowing traders to capture movement without being overly exposed to sudden swings. By tracking these intraday setups, he intends to navigate the volatility while waiting for clearer signals on Bitcoin’s next larger move. Bitcoin Choppy Price Action Limits Clear Setups Rounding up his analysis, CRYPTOWZRD observed that the intraday chart for Bitcoin remained somewhat choppy and leaned bearish. He explained that price action has been confined within a relatively small range, making it less favorable for immediate trading decisions. Related Reading: Bitcoin Volatility Hits 2-Year Low As 30-Day Range Tightens He emphasized that the key level to watch on the upside is $119,500. According to the expert, a move above this threshold would shift Bitcoin into bullish territory, creating a potential long opportunity. Until that breakout occurs, he prefers to remain cautious rather than force trades in uncertain conditions. On the downside, CRYPTOWZRD noted that a break below $117,000 would signal further weakness and open the door for short positions. For now, he concluded that an ideal approach is to wait for the next decisive move before taking action. Featured image from Pixabay, chart from Tradingview.com
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector's growth.
Bitcoin analyst and investor Mark Moss argues that Bitcoin treasury companies are positioning themselves for history’s biggest wealth transfer, following a sophisticated playbook for capturing value and managing volatility. In other words: “using gas pipes to fund your electric future.” Bitcoin treasury companies: history’s most obvious abritrage He compares Bitcoin treasury companies (firms holding large […]
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Recent price action has shown that XRP is establishing the $3 price level as a base, and an analysis of its fundamentals indicates various conditions that could push its price to multiple all-time highs. According to crypto analyst David_kml, XRP is no longer confined to speculation but is steadily becoming a vital part of global finance. This trend is very important in its push to new price highs. At the same time, XRP’s chart structure on the weekly candlestick timeframe shows that it may be approaching a breakout similar to Ethereum’s explosive run between 2016 and 2018. Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm Institutional Growth And Expanding Adoption One of the strongest arguments supporting XRP’s ability to register a new all-time high very soon is the steady growth in its institutional presence. David_kml noted that XRP is now being used by leading banks and global payment companies through the XRP Ledger, a development that points to real-world demand for XRP beyond retail speculation. The token’s steady price above the $3.10 price level highlights this strengthening foundation, but the larger story lies in the expanding number of Ripple partnerships and fintech integrations of the XRP Ledger. Speaking of fintech integration, Ripple’s advancements in the past few months have seen the XRP Ledger infrastructure for cross-border settlements growing massively. Ripple CEO Brad Garlinghouse has noted that the company is focused on developing the XRP Ledger to the point where it rivals that of the traditional SWIFT system and grabbing a huge chunk of its userbase. At the time of writing, many financial institutions are starting to test and adopt XRP’s network for their payment flows, building confidence that the asset is on track for long-term relevance in global finance. This, in turn, is continuously boosting XRP’s chance of steadily exploding to new price highs, especially now that the global financial sector is gradually warming to blockchain technology. Breakout Pattern On Weekly Timeframe Another factor that lends the voice to XRP’s potential of new all-time highs is the increase in transaction volumes. Interestingly, the technical picture for XRP also complements the bullish case made by fundamentals. In his post, David_kml shared a chart that places XRP’s current price behavior alongside Ethereum’s price action between 2016 and 2018. During that period, Ethereum traded within a prolonged consolidation range before breaking out. This was a move that started one of the most dramatic rallies in Ethereum’s price history, as it carried its price from under $15 to well over $1,000. XRP’s weekly chart now shows a similar setup. XRP has been consolidating in a range near $3, and the breakout point is forming just above $3.25. This structure suggests that XRP could be on the cusp of a powerful surge that has the ability to mimic that of Ethereum’s run in 2018. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details Analysts such as Dark Defender and Egrag Crypto have previously pointed to this kind of fractal pattern by pointing out the fact that XRP is building momentum independent of Bitcoin and Ethereum. If this plays out well, XRP’s breakout could extend beyond its most recent peak of $3.65 and set the stage for new all-time highs in the coming weeks and months. Featured image from Unsplash, chart from TradingView
Crypto exchange Kraken has announced the suspension of Monero (XMR) deposits following a confirmed 51% attack on the network on August 12. The attack was linked to the Qubic mining pool, which managed to control over half of Monero’s hashrate, peaking at 2.6GH/s. This dominance allowed Qubic to conduct a six-block deep reorganization of Monero’s […]
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The cryptocurrency market was impressive for most of the week, with Bitcoin and large-cap altcoins leading the charge. While BTC ran up to a new all-time high around $124,100, the other top cryptocurrencies, like Ethereum and Solana, flirted with their former record-high prices. Most notably, the price of Ethereum continued its positive form, briefly touching the $4,800 level on Thursday, August 14. The latest on-chain data suggests that ETH and other altcoins might only be at the start of an extended rally, with the potential to outpace Bitcoin, the world’s largest cryptocurrency by market capitalization. ERC20 Stablecoin Supply Hits New All-Time High Of Nearly $130 Billion In a Quicktake post on the CryptoQuant platform, CryptoOnchain shared that the latest data signals that the market appears to be in the early phase of an altseason. This optimistic hypothesis is based on two primary on-chain metrics: the Stablecoin Liquidity and the Bitcoin Dominance (BTC.D) metric. Related Reading: TRON’s Futures Map Says “Not Overheated” — Could Another Rally Be Coming? Firstly, CryptoOnchain revealed that the total supply of ERC20 stablecoins has witnessed a notable spike, recently reaching an all-time high of around $128.7 billion. Typically, a significant increase in stablecoin supply is often associated with elevated liquidity, allowing investors to take new positions in risk assets like altcoins. CryptoOnchain added: Alongside this, active addresses for stablecoins have broken past 250K for the first time in history, underscoring rising network activity and circulation levels typical before major market rotations. The on-chain analyst also highlighted that the All Stablecoins (ERC20) Exchange Netflow on Binance has witnessed positive inflows in recent weeks, surpassing the $67 million mark multiple times. As CryptoOnchain noted, positive exchange netflows typically indicate increased purchasing power for investors. Furthermore, as shown in the chart above, the BTC Dominance metric faced rejection from its Previous Cycle Bull Run Resistance zone. From a historical perspective, these rejections have coincided with capital rotating from Bitcoin into mid- and large-cap altcoins—an early hallmark sign of the altseason. Ultimately, the combination of the increased stablecoin liquidity and Bitcoin Dominance technical rejection could mark the beginning of a breakout in the altcoin market. CryptoOnchain noted that a strong Ethereum breakout above its “This Cycle Bull Run Resistance” with a continuous downturn for BTC.D would be a key confirmation to look out for. Altcoins Total Market Capitalization As of this writing, the altcoin market is valued at around $1.57 trillion, reflecting an over 1% decline in the past 24 hours. According to data from TradingView, the total capitalization of altcoins has jumped by more than 5% in the past seven days. Related Reading: Cardano Defies Market Pullback: Could On-Chain Momentum Signal a 70% Run Ahead? Featured image from iStock, chart from TradingView
The crypto industry is set to experience massive growth in the United Arab Emirates (UAE) due to its pro-tech and business regulations.
Bitcoin is undergoing a structural transformation, and institutional investors are steadily tightening their grip on the cryptocurrency. As of mid-2025, institutional investors are becoming a dominant force in Bitcoin ownership and are steadily capturing a large portion of its circulating supply. Institutional Bitcoin Holdings Barrel Toward 20% Of Supply Recent data shows that institutions, ranging from ETFs to public companies, now control an unprecedented share of Bitcoin, worth hundreds of billions of dollars. Estimates place institutional ownership anywhere between 17 and nearly 31 percent of total supply when also factoring the amount controlled by governments. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details According to data from Bitbo, entities such as ETFs, public and private companies, governments, and DeFi protocols collectively hold more than 3.642 million BTC, equal to about 17.344% of the total supply. At today’s prices, that represents roughly $428 billion worth of Bitcoin locked away in institutional treasuries. ETFs are the largest contributors, with over 1.49 million BTC, while public companies such as Strategy, Tesla, and others account for 935,498 BTC. Strategy’s role is especially noteworthy, as the firm’s relentless accumulation strategy in recent years has seen it amass 628,946 BTC, or about three percent of the entire circulating supply. Bitbo data shows private companies hold 426,237, worth $50.17 billion, and about 2.03% of the total circulating supply. BTC mining companies own 109,808 BTC (0.523% of the total circulating supply), while DeFi protocols own 267,236 BTC (1.273% of the total circulating supply). Bitcoin holdings by category. Source: Bitbo Other reports, including a joint study by Gemini and Glassnode, suggest the numbers could be even higher. Their findings point to centralized treasuries composed of governments, ETFs, corporations, and exchanges controlling up to 30.9% of circulating Bitcoin, which equates to over 6.1 million BTC. This increase represents a 924% surge in institutional control of Bitcoin compared to a decade ago. Chart Image From Gemini: Bitcoin treasury holdings by entity type Is Bitcoin The New Wall Street Playground? Bitcoin’s rise in its early years was based on a mix of enthusiasm from retail investors and long-term conviction from early adopters, but the market’s balance of power is shifting. According to the holding data, Bitcoin is increasingly becoming much less affordable for retail traders and is now becoming a playground for large Wall Street institutions. Institutional demand for Bitcoin has not been confined to corporations and ETFs alone. Governments are beginning to make their presence felt, and the United States took the most notable step earlier this year. In March 2025, the US government established a Strategic Bitcoin Reserve filled with seized and forfeited digital assets. Other governments like El Salvador and Bhutan are also accumulating Bitcoin through intentional, ongoing purchases, further tightening the supply in circulation Related Reading: Chainlink Breaks 3-Month High Amid Record 2025 Enthusiasm Some analysts believe this could reduce Bitcoin’s price volatility and support its price growth over the long term. On the other hand, the concentration of Bitcoin among a relatively small number of entities could undermine its decentralization and the natural growth of its price. Either way, the data shows that Bitcoin is now becoming Wall Street’s newest playground. At the time of writing, Bitcoin was trading at $117,460. Featured image from Unsplash, chart from TradingView
If the investor chooses to sell, they'll lock in a return of around 14,269x at current prices after not touching their ETH since the network's ICO.
Bitcoin prices have now crashed by over 4% after reaching a new all-time high on August 14. The crypto market leader remains in consolidation, potentially gathering momentum for the next leg up. Amidst this stable market structure, a popular trading expert with the X username KillaXBT provides insights into possible price developments for the next month. Related Reading: Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk CRT Model Flags September As Pivotal For Bitcoin’s Bull Cycle In an X post on August 15, KillaXBT outlines potential BTC price trajectories via in-depth technical analysis of the monthly chart. Using the candle range theory (CRT), the renowned analyst postulates that the premier cryptocurrency would be entering a pivotal month in September during which it could produce a cycle top. Looking at the asset’s performance in August, KillaXBT notes that Bitcoin formed a monthly low at $111,986, before reclaiming its monthly open at $115,747 and even surging higher in line with previous predictions. Notably, the premier cryptocurrency swept above its previous all-time high before experiencing a crash by over 4% Based on the monthly chart, the renowned analyst also explains that the Bitcoin market has now experienced five consecutive green monthly candles. However, the recent rejection indicates that price movement and momentum are taking on a parabolic curve. Therefore, price movement in September presents a crucial moment to confirm market direction. For this next month, KillaXBT nudges investors to watch whether BTC can hold above the current monthly open at $115,747. A sustained hold could pave the path for a move toward the $125,000–$127,000 regions, representing a marginal extension of the rally and potentially setting up another test of investor conviction at higher prices. However, KillaXBT also warns that Bitcoin opening the month of September with a new all-time high may not necessarily signal an uptrend continuation, but also indicate the cycle top. On the other hand, a breakdown below the monthly open would expose BTC to downside risk, with $111,986, the monthly low, acting as the first major support. It is worth stating that a loss of that level could accelerate a corrective phase. Related Reading: BTC Slips Below $120K as Policy Shifts Rattle Markets: Is This a Setup for the Next Big Rally? Bitcoin Price Overview At the time of writing, Bitcoin is trading at $117,559, reflecting a slight 0.66% price decrease in the past week. On larger timeframes, the premier cryptocurrency also reflects marginal price changes of +0.78% and -1.36% on the weekly and monthly charts, underscoring a choppy market environment despite recently setting new all-time highs. Featured image from Pexels, chart from Tradingview
Oliver Michael, the CEO of Tokentus, has again provided a bullish outlook for XRP. This time, he predicted that the altcoin could reach as high as $13 and outlined factors that could serve as catalysts for this significant price surge. XRP Eyes Surge To $13 With These Catalysts Oliver Michael predicted in an interview that XRP could rally to $13 at some point if it sustained its current bullish momentum. He alluded to the Ripple SEC lawsuit, which just concluded and how it could spark several ripple effects, which would act as catalysts for the next leg up for the third-largest crypto by market cap. Related Reading: Analyst Says XRP Pump Always Comes After This Happens One of these ripple effects is the potential approval of the XRP ETFs. Michael noted that the SEC can now go on to approve these funds since the legal battle against Ripple is over. Furthermore, he raised the possibility of BlackRock filing for an XRP ETF and indicated that the altcoin is likely to record a parabolic rally if this happens, considering BlackRock’s position as the world’s largest asset manager. It is worth noting that BlackRock has said that it has no plans to file for an XRP ETF at the moment. However, XRP lawyer John Deaton believes that the world’s largest asset manager will still file to offer this fund within a year from now. If so, this could drive significant inflows into the XRP ecosystem, considering the success that the firm has recorded with its Bitcoin and Ethereum ETFs. More Catalysts For The Altcoin Meanwhile, Oliver Michael also expects more Ripple partners to emerge now that the SEC lawsuit is over. This will help enhance XRP’s utility as more companies adopt Ripple’s payment services. Notably, the crypto firm has also made great strides to expand its presence globally by acquiring platforms like the stablecoin platform Rail and brokerage firm Hidden Road. Related Reading: XRP Price At $36: 7-Year Bottom Breakout Could Trigger Repeat Of 2014-2017 Another reason why the Tokentus CEO believes that XRP can reach this $13 price level is based on his expectation that retail investors will develop a greater interest in the altcoin now that Bitcoin and Ethereum have already pumped significantly. Therefore, they will turn to XRP as the third-largest crypto, which may have more upside than BTC and ETH. Michael remarked that XRP’s move to the upside could happen really fast, similar to its rally of over 300% from below $1 to $3 last year. The altcoin already rallied to as high as $3.6 this year, boasting a 33% year-to-date (YTD) gain. However, based on Michael’s prediction, the XRP price could still reach new highs in the coming months. At the time of writing, the XRP price is trading at around $3.10, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.
Rick Rieder cited strong earnings, high yields and low volatility as drivers of today’s favorable investing climate, while warning complacency remains a risk.