Google Searches for Alt Season Plunge

Key Notes Google searches for “alt season” in the US collapsed from 100 in July to 23 now. Ethereum and altcoins saw sharp selloffs after recent multi-year highs. Institutional adoption and potential spot ETFs keep hopes of the alt season alive. Earlier this month, excitement around “alt season” spread across the crypto space. However, Google Trends data now shows a sharp decline in U.S. searches, signaling fading hype and waning retail investor interest. Is Alt Season Hype Fading? There has been a dramatic collapse in search interest for the term…

Ethereum Leads $3.75 Billion Crypto Inflows, XRP And Solana Join The Party

According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, inflows into crypto-products were $3.75 billion last week, the fourth-largest on record. Unsurprisingly, Ethereum was the standout after attracting the majority of capital with record-breaking inflows. Solana and XRP also experienced impressive demand, resulting in both cryptocurrencies receiving inflows exceeding 10% of the year-to-date total flows. Ethereum’s Record-Breaking Numbers Ethereum witnessed the most activity last week since the 2021 bull run that took many crypto investors by surprise. In terms of crypto-based products, Ethereum managed to displace Bitcoin’s supremacy last…

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KindlyMD deploys merger war chest, acquires $679m in Bitcoin

The capital raised from its landmark merger with Nakamoto is now on the blockchain. KindlyMD has executed its inaugural Bitcoin purchase, converting $679 million of its PIPE proceeds into the original crypto and signaling its intent to rival other corporate treasuries that now measure reserves in BTC. Summary KindlyMD completed its first Bitcoin purchase, acquiring 5,743.91 BTC for $679 million following its merger with Nakamoto Holdings. The purchase increases KindlyMD’s holdings to 5,764.91 BTC, ranking it as the 16th largest corporate Bitcoin holder. On August 19, KindlyMD, Inc. announced its…

Cardano Eyes $10 as Open Interest Hits 7-Month High

Key Notes Market analysts predict a 10x surge in the Cardano price moving ahead. Technical indicators, including a bullish MACD crossover, suggest momentum is favoring buyers, with near-term resistance at $1.04. Cardano’s open interest has hit $1.13 billion, its highest level in seven months. Cardano’s native cryptocurrency ADA ADA $0.91 24h volatility: 0.1% Market cap: $33.22 B Vol. 24h: $2.54 B continues to grab the limelight as it eyes a potential breakout past $1.0. Amid a 21% weekly rally, ADA reclaimed the eighth spot in the top ten cryptocurrencies, surpassing…

Banking Lobby Takes Aim at Stablecoins and GENIUS Act

The US banking lobby isn’t keen on interest-bearing stablecoins or their supposed challenge to financial systems — but it may be too late to amend these “loopholes” in the GENIUS Act. The Banking Policy Institute (BPI), an advocacy group for the banking industry led by JPMorgan CEO Jamie Dimon, wrote a letter to Congress last week, arguing that stablecoins present a risk to existing credit systems.  The BPI urged regulators to close supposed loopholes in the GENIUS Act, a new law regulating the stablecoin industry in the US, lest a…

Why 16-year-old Bitcoin has an audit trail while the 112-year-old Fed does not

Bitcoin’s ledger has been public from day one, while the Federal Reserve, despite more than a century of dominance, has never faced a full audit. Why? Summary Bitcoin has finalized over 900,000 blocks and 1.2 billion transactions since 2009, creating an uninterrupted, publicly auditable financial record. The Federal Reserve, despite 112 years of global influence, has never faced a full independent audit, keeping emergency lending and swap line details largely hidden. Bitcoin’s “don’t trust, verify” principle enforces its 21 million supply cap, with every unit traceable to its creation block,…

Bitcoin Poised for 10x Surge? Analyst Points to Gold’s Playbook”

Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time. Related Reading Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a pattern like gold’s, and that pattern could point to a rise toward $600,000 — a jump of roughly 420% from current levels. Analyst Sees Gold Pattern AO’s view rests on chart shapes. He…

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Is the $500 crypto phone worth it?

It’s been two weeks since the worldwide launch of the Solana Seeker, the successor to the Solana Saga. About 150,000 people have begun receiving their phones in the mail, and their reviews are trickling in. As a general phone, the Seeker may not turn heads. It’s measurably slower, and most reviewers say the camera is a far cry from flagship devices like the Samsung S25 Ultra or the iPhone 16 Pro. The Solana Seeker features a gray matte backing that feels premium in the hands. (Cointelegraph) As a crypto phone,…