Day: August 18, 2025

Dogecoin Faces 51% Attack Threat, Price Under Pressure

Key Notes The community selected Dogecoin as its next target through a public vote while framing the attacks as “stress tests” of its useful proof-of-work model. The Monero incident caused Kraken to halt deposits and reignited concerns over the security of proof-of-work systems. Amid Grayscale filing for a spot Dogecoin ETF, analysts predict a 170% breakout in Dogecoin price to $0.6533. Following the 51% attack on privacy blockchain Monero last week, the latest chatter is that the Qubic community is now targeting Dogecoin. Sergey Ivancheglo, the project’s founder, announced the…

XRP Could Bleed Lower Before Any Major Rally, Analyst Warns

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The daily XRP chart has turned into a clean Elliott Wave case study, according to crypto technician “Charting Guy,” who argues the latest rebound was corrective rather than impulsive and likely precedes a deeper C-wave pullback…

Bitcoin dips to $115K amid profit-taking and weak macro data

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Bitcoin has pulled back to around $115,000, marking a 6.8% decline below its all-time high of $124,128, reached on Aug. 14. Summary Bitcoin retreats to $115K, about 7% below its Aug. 14 ATH of $124,128. Binance whale distribution and rising exchange reserves signal ongoing selling pressure. Analysts see $114K support as crucial before a potential renewed uptrend. The move comes as fresh macroeconomic data unsettled traders while large holders appeared to lock in gains near the top. Consumer prices in July had raised hopes that interest rate cuts were near, but the Producer Price…

Two Scenarios Map Out Bitcoin Price Crash After Recovery

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After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin price could be…

Metaplanet expands Bitcoin holdings with 775 BTC purchase

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Metaplanet is not slowing down on its accumulation of Bitcoin, boosting its portfolio with fresh funds. Summary Metaplanet has purchased an additional 775 BTC for $93 million at an average price of $120,006 per coin. The company now holds 18,888 BTC, valued at $1.94 billion at current market prices. CEO Simon Gerovich reaffirmed Metaplanet’s commitment to its Bitcoin strategy, hinting at more buys ahead. According to an August 18 disclosure, Metaplanet has purchased an additional 775 Bitcoin (BTC) for approximately $93 million. The acquisition was made at an average price…

BITCOIN – SAYLOR FU** WENDEPUNKT!!

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Crypto Exchange Gemini's Losses Explode 580% Before Going Public

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Cryptocurrency exchange Gemini revealed a visible surge in losses for the first half of 2025, posting a net loss of $282.5 million compared to $41.4 million in the same period last year, according to its initial public offering (IPO) filing released last Friday. The results paint a challenging financial picture for the company led by billionaire twins Tyler and Cameron Winklevoss, even as they seek to capitalize on a wave of crypto companies going public on Wall Street this year. Gemini Reports Sharply Higher Losses as Crypto Exchange Files for…

Golden Cross Fails to Lift DOGE as Sellers Overwhelm Rally

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…

Korea’s Jeju City to Seize Crypto of Alleged Tax Evaders

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Tax officials in Jeju City, the capital of the South Korean island province of Jeju, have reportedly started the process of freezing and seizing the crypto of those it believes to be dodging tax requirements.  The move is part of a broader operation that saw authorities investigate 2,962 individuals in arrears for a total of 19.7 billion won ($14.2 million), to confirm if they had crypto holdings that could be seized to settle the outstanding balance owed, according to a report on Saturday by local media outlet Newsis. During the…