Day: August 26, 2025

ETH Drop Hits NFTs, Pudgy Penguins Down 17%

Key Notes The overall NFT market cap has dropped by 5% to $7 billion, despite strong trading volumes. The broader NFT market had peaked at $9 billion on August 13, up 40% from July, driven by ETHโ€™s earlier rally. Ethereum price dropped over 10% from last weekโ€™s all-time high of $4,900 to around $4,400, with analysts expecting further downside toward the 200-EMA at $4,088. Following the all-time highs last week, Ethereum ETH $4 472 24h volatility: 3.6% Market cap: $540.50 B Vol. 24h: $47.43 B price has seen a strong…

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Bitcoin is โ€˜funny internet moneyโ€™ during a crisis: Tezos co-founder

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Bitcoin may be hailed as โ€œdigital goldโ€ on Wall Street, but when a real crisis hits, many will treat the cryptocurrency like fantasy play money, says Tezos co-founder Arthur Breitman. But why on earth would a crypto builder of almost a decade say such a thing? What about all the institutional money pouring in, the billions flowing into spot Bitcoin ETFs and its narrative as a safe-haven asset? Breitman says no matter how strong the narrative, there will always be a cohort of Bitcoin holders who will drop it when…

Bug Bounty Cuts Are Setting Crypto Up For Billion-Dollar Hacks

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Opinion by: Mitchell Amador, founder and CEO of Immunefi Cryptoโ€™s best defense against catastrophic hacks isnโ€™t code โ€” itโ€™s incentives. Bug bounties have prevented billions in losses, and itโ€™s important to emphasize that these billions could have been exploits, not responsible disclosures, if the right incentives hadnโ€™t been set up. This protection only works when the incentives for white hat behavior clearly outweigh those for exploitation, and current market trends are now tilting that balance in dangerous ways. The scaling bug bounty standard means the reward size should grow with…

Binance CEO Sounds Alarm on New Crypto Scam Targeting Users

Key Notes In an X post, Richard Teng talked about scammers putting fake support calls through to their victims. The crypto scammers try to get users to change their API and gain access to their funds. Tengโ€™s latest alarm comes amid the growing trend of sophisticated crypto scams. Binance CEO Richard Teng has alerted the public about a new scam targeting crypto users. In his post on X, he explained how the perpetrators put fake support calls through to their victims, in a bid to get them to change their…

REX Financial CEO Picks Solana Over Ethereum: Hereโ€™s Why

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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. On Bloombergโ€™s โ€œETF IQโ€ on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solanaโ€™s role in real-world financeโ€”especially for stablecoinsโ€”and explained why his firm built a 1940 Act, staking-enabled…

Crypto ETFs Are Crucial for a True Altcoin Season

Key Notes Popular Bitcoin critic Peter Schiff says that the coin is doomed to crash massively soon. This comes as the Bitcoin Price recently dropped below the $110,000 mark. One Bitcoin whale has dumped some of its holdings to buy Ethereum in a major show of shifting alliances. . Despite the broader crypto market rally, altcoins have faced consistent selling pressure, delaying a full altcoin season. Analysts believe a major rally wonโ€™t happen until spot crypto ETFs are approved. Altcoin Season on the Pause Despite Bitcoinโ€™s BTC $110 442 24h…

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Peter Schiff Berates Bitcoin, Issues $75,000 Bearish Price Target

Key Notes Mantra has announced the launch of its first regulated RWA product. Traders expect the launch could boost OM price after months of decline. Nearly 30% of OM supply has already migrated to the MANTRA Chain mainnet. Bitcoin (BTC) price recently dropped below $110,000, providing popular critic Peter Schiff with the opportunity to give one of his pessimistic opinions. According to the economist, the price of the flagship cryptocurrency is headed for a bearish turn and may possibly reach $75,000 in no time. Peter Schiff and His Pessimistic Bitcoin…

Bitcoin Price Watch: Moving Averages Align for Further Decline

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On Tuesday, bitcoin traded at $109,936 on Aug. 26, 2025, with a 24-hour price range between $109,214 and $112,815. The digital asset posted a market capitalization of $2.18 trillion, while 24-hour trading volume reached $51.18 billion, pointing to significant market participation amid technical uncertainty. Bitcoin On the daily timeframe, bitcoin remains locked in a defined […] Original