Bitcoin price may be on the cusp of a bullish breakout as fundamental catalysts build and key technical patterns take shape. Bitcoin (BTC) was trading at $116,750 on Friday, August 8, up nearly $4,000 from its weekly low. President Donald… Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Polina Pompliano and Anthony Pompliano discuss why bitcoin is winning, the summer of crypto, what’s changing with artificial intelligence, why the banks will have to embrace bitcoin, why Warren Buffett and Berkshire are losing, and this one idea you have to realize. Markets are at all-time highs. Public equities are outperforming. And individual investors are driving it all. It’s officially the rise of the retail investor. On September 12th in NYC, I’m hosting the Independent Investor Summit — a one-day event built…
The crypto venture capital landscape has made a decisive pivot back to Bitcoin, driven largely by its growing success as an institutional asset. As Cointelegraph reported, the emerging Bitcoin (BTC) DeFi sector attracted $175 million across 32 VC deals in the first half of the year. At the same time, Bitcoin treasury companies are injecting billions into the market by acquiring BTC for long-term strategic reserves. The Bitcoin DeFi industry is growing as demand for BTC-focused financial services continues to surge. Source: Maestro Beyond Bitcoin, several recurring VC themes remained…
The conviction of Tornado Cash co-founder and developer Roman Storm could set a “dangerous” precedent for developers and privacy, legal observers in the crypto space say. Storm was found guilty of operating an unlicensed money-transmitting business on Wednesday, Aug. 6. The crime carries a maximum sentence of five years. The jury could not reach a consensus on charges of conspiracy to commit money laundering and conspiracy to violate US sanctions. Federal prosecutors could still retry him on these two charges. While Storm is yet to face sentencing, other crypto-related cases,…
BONK, a Solana-based memecoin, advanced 1.7% in the last 24 hours to $0.00002626. The token traded within a 4% range, with a high of $0.00002645 and a low of $0.00002485, producing a $0.00000160 spread, according to CoinDesk Research’s technical analysis data model. The price rebounded from the low at 16:00 UTC on Aug. 7, moving toward the peak during the European morning on Friday. This recovery phase saw total volume surge above 1.09 trillion tokens, greater than the daily average. However, momentum stalled at $0.00002640, where repeated sell orders capped…
Ethereum has powered higher past the $3,900 range, supported by strong derivatives market activity and heightened trading volumes. Ether Price Nears $4K With Futures Open Interest at Record High On Aug. 8, 2025, ethereum’s (ETH) market capitalization stands at $470.8 billion, representing 12.2% of the $3.87 trillion crypto economy. Over the past 24 hours, $32.5 […] Source CryptoX Portal
Onchain analytics platform Glassnode has revealed that most Bitcoin short-term holders are in profit. This development has raised the possibility of the flagship crypto facing another sell-off from this category of holders, who may be unable to hold during this period of sideways action. 70% of Bitcoin Short-Term Holders Are in Profit A Glassnode report revealed that 70% of the Bitcoin short-term holders’ supply is in profit despite the recent Bitcoin price pull-back. The platform noted that the deeper the correction, the more their supply is likely to fall into…
How was Michael Reinecke lured into the crypto scam? In the fast-evolving landscape of blockchain and the digital assets ecosystem, stories of overnight riches often overshadow the darker side: sophisticated scams that prey on the inexperience and trust of victims. One such cautionary tale unfolded in Thailand when a retired Australian police officer, Michael Reinecke, reported to the authorities on July 18, 2025, that he had fallen victim to a cryptocurrency scam that cost him nearly 40 million Thai baht, approximately $1.2 million. Reinecke wasn’t a novice to deception. With…
Chinese authorities told local firms to stop publishing research or holding seminars related to stablecoins, according to a Friday report from Bloomberg. Chinese financial regulators reportedly instructed local brokers and other entities to cancel seminars and halt the promotion of research on stablecoins. Citing people familiar with the matter, Bloomberg said the authorities were concerned that stablecoins could be exploited as a tool for fraudulent activities. Christopher Wong, a currency strategist at Oversea-Chinese Banking Corp. in Singapore, said Beijing may be aiming to prevent a speculative surge among retail investors.…
Key takeaways: XRP (XRP) has risen by over 10% since Thursday, when Ripple and the US Securities and Exchange Commission (SEC) agreed to dismiss their legal appeals against one another. XRP/USD daily price chart. Source: TradingView XRP futures volume surpasses Solana XRP futures trading volume spiked over 200% in the past 24 hours to $12.4 billion, overtaking Solana’s $9.6 billion, according to onchain data resource Glassnode. XRP vs other cryptocurrencies’ futures data as of Friday. Source: Glassnode Rising futures volume often reflects heightened trader interest and speculative positioning, especially after…