After the brief surge that followed the Ripple lawsuit’s conclusion, traders say momentum quickly faded. Bitcoin slid to around $114,000, and with it, XRP touched $2.94. That dip dragged the token under $3 once again, sparking fresh arguments between those who see a buying chance and those who remain skeptical. Related Reading Analyst Frames Dip As Opportunity According to comments from Coach JV, a well-known XRP advocate, the return to sub-$3 levels should be seen as a chance to buy. He called XRP under $3 “a massive blessing.” He…
Day: August 20, 2025
Western civilization resists Bitcoin at its own peril
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralized modes of living have historically allowed the West to continue its expansion across the globe. From feudalism to the Industrial Revolution, and now Bitcoin (BTC) — the new feudalism — decentralization has been the key mechanism of this expansion. Summary History repeats in decentralization: From medieval feudalism to Bitcoin, Western expansion and resilience have thrived when power was distributed rather than centralized. Feudalism’s lesson: Local autonomy…
Crypto Market correction driven by investor ‘fear spikes’ ahead of Powell speech
Cryptocurrency investors are bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting. Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3, Cointelegraph data shows. Bitcoin’s dip below $113,000 is a snapshot of “rising nerves in the market” as macroeconomic tensions surrounding Powell’s speech are causing “fear spikes” among digital asset traders, according to Ryan Lee, chief analyst at…
Dump Or Opportunity? | Bitcoin Crash from ATH What Next? | Crypto Market Updates
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io For Registration In Premium Whatsapp Group Contact Me Via WhatsApp :+923022883956 📣 Connect with us on social media: WhatsApp Channel: (Must Enable Notifications) Bitcoin has pulled back sharply from its All-Time High (ATH) — but is this a major market dump or the perfect buying opportunity? 📉🚀 In this video, we break down Bitcoin’s latest price action, key support and resistance levels, on-chain metrics, and the overall crypto market sentiment. We’ll also explore how this crash could impact altcoins and what traders…
Celsius Starts $220M Creditor Payout
Key Notes Celsius Network has finally commenced the third phase of its payout. It is distributing approximately $220 million to affected creditors. As a result of this new development, the crypto lender has fulfilled 64.9% of creditor claims. Celsius Network, a crypto lender hit hard by the 2022 market crash, has begun the third phase of its creditor payouts. It intends to distribute approximately $220 million to affected creditors who have yet to receive a refund. Celsius Launches Third Creditor Payout Within a Year On August 20, Celsius Network announced…
Ether (ETH) Resurgence Gains Steam Driven by Spot ETF Demand and On-Chain Growth: Citi
After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday. The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin’s (BTC) dominance in a way not seen since late last year. This time, however, ether is taking market share rather than ceding it, the report said. Spot ether exchange-traded funds (ETFs) have seen a surge of demand. Cumulative net inflows now top…
Ripple Enters Agreement With Gemini Ahead Of IPO — Here’s What We Know
Crypto firm has entered into a credit agreement with crypto exchange Gemini ahead of the latter’s initial public offering (IPO). The crypto exchange revealed the details of this agreement in its IPO filing, with the amount expected to be used to finance some costs that may arise during the public offering. Details Of Ripple’s Agreement With Gemini In its IPO filing with the SEC, Gemini revealed that it entered into a credit agreement with Ripple in July. Under the agreement, the crypto exchange can make lending requests of no less…
ARK Invest Buys Bullish Stock Amid 32% Drop
Following the successful IPO listing last week, stock price of Peter Thiel-backed crypto exchange Bullish (NASDAQ: BLSH) has been on a free fall with a 32% drop over the past week. Cathie Wood’s Ark Invest finds an opportunity here, scoping more than 350,000 BLSH shares on Tuesday, August 19. Cathie Wood’s Ark Invest Buys the Bullish (BLSH) Stock Dips Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks, acquiring more shares of Bullish and Robinhood during a sector-wide downturn. Trade disclosures from Tuesday show that ARK’s flagship ARK Innovation…
Why is Bitcoin down today? Here are three key drivers of the $113,000 drop
Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC) is currently trading at $113,721, posting a modest 1.5% drop in the last 24 hours. The day’s decline brings its losses on the week to approximately 5%, now putting the crypto market giant in the…
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