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Day: August 30, 2025
Bitcoin Going to $1 Million, but Current Holders Still Early
Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the audience at the Bitcoin 2025 Asia conference in Hong Kong, Trump said: “You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out…
Litecoin Price Forecast: LTC Sell Pressure Wanes Golden Cross Support Halts $100 Reversal
Key Notes Litecoin price held steady at $110 on August 30 despite weekly losses nearing 10%. Derivatives data shows waning short-selling pressure as LTC futures trading volumes fell 33.8% to $596 million, with open interest flattening at $917 million. Golden cross support at $109 suggests a potential base for recovery if current liquidation trends continue through weekend trading. Litecoin price finds steady support at $110 on Saturday, August 30, with bulls battling to contain weekly losses just below 10%. Sustained profit-taking as the LTC price approached $120, and Bitcoin’s sharp…
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Cardano Price Analysis: Will Grayscale’s Latest ETF Filing Drive ADA to $1?
Key Notes Cardano price declined 10% this week, stabilizing near $0.82 on Saturday, August 30. Grayscale filed S-1 ETF applications for Cardano and Polkadot, expanding its single-asset crypto product lineup. ADA trades under pressure near support despite ETF headlines, with technicals suggesting a possible recovery toward $0.90. Cardano’s 10% weekly timeframe price decline stabilized near $0.82 on Saturday after Grayscale filed registration statements with the SEC for new ADA and Polkado (DOT) exchange-traded funds. The proposed ADA ETF will trade on NYSE Arca under the ticker GADA, tracking CoinDesk’s Cardano…
Crypto Treasury Firms Introduce Counterparty Risks to Bearer Assets: CEO
Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending platform Milo and former Goldman Sachs analyst, told Cointelegraph. Crypto treasury companies take bearer assets with no counterparty risk and introduce several layers of risk, including the competence of the corporate management, cybersecurity, and the ability of the business to generate cash flow, Rupena said. He added: “There’s this aspect where people take what is…
EXCLUSIVE: Michael Saylor Issues FINAL Warning To Bitcoin Investors
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Shiba Inu Burn Rate Rockets 157,726% Amid Growing Price Selloff
Key Notes Shibburn shows that the SHIB burn rate increased by 157,726%. This led to the burning of 2,481,036 SHIB in 24 hours, and now the total supply of the memecoin is 589,247,732,073,096 tokens. Shiba Inu price has increased to $0.00001238, following a 1.5% increase over the last 24 hours. Canine-themed memecoin Shiba Inu has seen its burn rate spike by 157,726%, leading to the incineration of 2,481,036 SHIB in 24 hours. In light of this increase, the price of the crypto asset has recorded a mild rally. This is…
Google Search Trends Call Last Local Market Top
The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest data shows that this latest price decline seen across the digital asset market could have been predicted. This conclusion is based on recent crypto activity on the world’s largest search engine, Google. Is The Crypto…