Author: Crypto Editor

XRP whales amassed roughly 440M tokens ($3.8B) in per week, even because the market turned risk-averse. The shopping for spree included 120M XRP on Aug. 15 alone, whereas XRP’s market cap dropped $10B in 24 hours. Historic patterns recommend whale accumulation throughout selloffs usually precedes medium-term worth reversals. XRP whales appear unfazed by the broader market jitters, scooping up tokens at the same time as costs slipped to one in every of their steepest declines in months. On-chain information from analyst Ali Martinez reveals that on August 15 alone, giant holders snapped up round 120 million XRP—proper because the token shed practically $10 billion…

New York legislators are weighing a proposal that will impose a 0.2% excise tax on the sale or switch of digital property, together with Bitcoin and Ethereum, beginning in September.The invoice, launched within the state Meeting on August 13, outlines that income generated from this levy could be directed towards increasing substance abuse prevention and intervention packages in colleges throughout upstate New York. Underneath the proposal, the duty for paying the tax would fall on the people or entities facilitating the sale or switch of those digital property, reasonably than on patrons or sellers alone. If enacted, New York would…

Ethereum has pulled again from its latest try to seize its ATH degree resulting from macroeconomic circumstances and regulatory uncertainty that present the US authorities might not be as eager on BTC as anticipated. Nevertheless, additional bearish information is right here as ValidatorQueue has revealed that $3.8 billion value of staked ETH is up for withdrawal. In hindsight, it has all of the makings of the emergence of revenue takers, and in the event that they arrive the ETH value might undergo. Nevertheless, one skilled has stated that this doesn’t matter and will work bullishly in ETH’s favor. This has…

Amid the latest market pullback, Solana (SOL) is making an attempt to reclaim a vital space to proceed with its bullish rally. Some analysts have advised that the cryptocurrency will seemingly get away to new highs if a key assist stage is held. Associated Studying Solana Again Beneath $200 Earlier this week, the market soared underneath the lead of the 2 largest cryptocurrencies. Bitcoin (BTC) hit a brand new all-time excessive (ATH) of $124,000, and Ethereum (ETH) hit a multi-year excessive of $4,788 within the early hours of Thursday. Nonetheless, higher-than-expected macroeconomic alerts and the US’s choice to not buy…

Peter Brandt not too long ago cosigned a brand new Bitcoin (BTC) cycle chart that, in his opinion, exhibits the most probably eventualities as to the place BTC could possibly be headed subsequent. The chart strains up all 4 main Bitcoin cycles since 2011, marking the time from bear market lows to peaks and from halving occasions to peaks. The primary three cycles peaked 24, 28 and 33 months after their lows, and the present one is now about 29 months in from the 2022 low.From the April 2024 halving, we’re 17 months in. Within the final two cycles, that’s proper round…

The Federal Reserve (Fed) introduced it would shut down its program with extra scrutiny over crypto and fintech actions.On an August 15 assertion, the central financial institution stated it would sundown the Novel Actions Supervision Program and return to monitoring banks’ crypto and fintech actions by way of customary supervisory processes.The Fed established the specialised program in August 2023 to reinforce oversight of banking organizations participating in crypto actions, distributed ledger expertise tasks, and sophisticated expertise partnerships with non-banks. This system focused actions that regulators deemed novel and probably dangerous to monetary stability.The Fed said:“Because the Board began its program to…

Jessie A Ellis Aug 16, 2025 06:35 MATIC value prediction exhibits potential 300-400% upside to $1.70-$2.10 targets regardless of present bearish momentum, with technical assist at $0.33-$0.35 vary. Polygon’s native token MATIC finds itself at a vital juncture as technical indicators paint a combined image for the approaching weeks. Whereas present momentum seems bearish, current analyst forecasts counsel substantial upside potential stays for the rest of August 2025. MATIC Value Prediction Abstract • MATIC short-term goal (1 week): $0.45-$0.50 (+15-25%) • Polygon medium-term forecast (1 month): $1.70-$2.10 vary • Key stage to interrupt for bullish continuation: $0.58 resistance • Essential…

Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Hong Kong’s Securities and Futures Fee (SFC) has rolled out stricter custody guidelines for licensed crypto exchanges to guard person belongings. Hong Kong SFC’s Crypto Custody Overhaul Targets Pockets Weak spot In an internet site announcement, the Hong Kong SFC revealed a brand new round addressing minimal custody necessities for all licensed digital asset buying and selling platforms (VATPs). The doc touches on a wide range of matters like chilly pockets administration and real-time menace monitoring, and in addition units out examples of fine practices. The…

CRYPTO DROPS AFTER PPI, HUGE LIQUIDATIONS, TRUMP-PUTIN TO MEETCrypto drops after scorching US PPI, $1.1bn of liquidations. US solely desires funds impartial BTC accumulation. US authorities owns $24b crypto: Arkham. Lummis makes renewed push for BITCOIN Act. Altcoins proceed to drop versus ETH. $3.2bn ETH queued to go away staking. HYPE nears $50 as quantity hits ATH. Google buys 8% stake in BTC miner TeraWulf. Atkins to debate ‘Undertaking Crypto’ at this time. KindlyMD to lift $540m to purchase BTC. Abu Dhabi SWF owns $534m BTC ETF. Citi considers crypto custody, fee providers. SEC delays Bitwise and 21 Shares SOL…

Ether holds a slight edge over Bitcoin within the short-term as social media chatter across the cryptocurrency is much less overheated, says sentiment platform Santiment.“The $ETH crowd hasn’t proven practically as a lot bullishness regardless of considerably higher efficiency over the previous 3 months,” Santiment mentioned in an X publish on Friday amid the ETH/BTC ratio, which measures Ether’s (ETH) relative power towards Bitcoin (BTC) being up 32.90% over the previous 30 days, in keeping with TradingView.Ether fell wanting reclaiming 2021 all-time highs“The present outlook reveals a barely extra bullish path for Ethereum because of the lack of curiosity in…