Category: Analysis

Royal Bank of Canada Has Raised MSTR Holdings by 16%

Key Notes Royal Bank of Canada raised its MSTR stake by 16% in Q2, now holding 188,657 shares worth over $76 million. Strategy Inc. added 430 BTC in August, bringing its total holdings to 629,376 BTC with $26B in unrealized profit. Michael Saylor relaxed stock issuance rules, allowing more flexibility in funding Bitcoin purchases. The Royal Bank of Canada (RBC), the nation’s largest lender by market capitalization, has expanded its exposure to Bitcoin through a significant increase in shares of Strategy Inc. (MSTR), the software-turned-Bitcoin-treasury company. RBC Boosts Holdings as…

Bitmine Surpasses Tesla and Apple in Trading Volume in the US

Key Notes Bitmine surpassed tech giants like Apple, Tesla, and Meta amid strong trading activity. Bitmine now holds 1.52 million ETH worth $6.6 billion, representing 1.26% of the Ethereum supply. It has also become the second-largest crypto treasury firm, trailing only MicroStrategy in overall crypto holdings. Tom Lee’s Bitmine Technologies (NYSE: BMNR), the largest Ethereum Treasury Firm, has recently experienced massive trading activity, outperforming Wall Street giants such as Tesla, Apple, and Meta, in the US. The BMNR stock frenzy comes as Bitmine continues with its heavy ETH $4 291…

Dogecoin Is Ready for a 40% Move: $1 Is Not a Dream Anymore?

Key Notes Dogecoin is consolidating inside a triangle pattern, with analysts eyeing a potential 40% breakout. ETF approval odds for DOGE have surged to 73% on Polymarket, raising hopes of institutional inflows. Short-term charts show a bearish Head & Shoulders pattern, with support at $0.22 and $0.188. Dogecoin DOGE $0.22 24h volatility: 1.7% Market cap: $32.95 B Vol. 24h: $2.75 B is once again at the center of market speculation, with analysts suggesting the meme coin could be gearing up for a major breakout. Crypto analyst Ali Martinez recently highlighted…

Key Levels To Watch In Light Of XRP’s Macro Future

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…

LINK Leads Altcoin Pack as On-Chain Activity Surges

Key Notes Chainlink touched $26.6, its highest price since January. Whale holdings surged past $135 million in LINK. Exchange balances dropped by over 10 million LINK in a month. Chainlink (LINK) has shown a strong price action despite the broader market struggling under selling pressure. The token has gained more than 130% since June, outperforming numerous competitors and peers, and now holds the 11th spot in the market according to CoinMarketCap’s rating. In the early hours of August 19, LINK surged to $26.6 for the first time in seven months.…

Market Bottom Signal Emerges Amid Short-Term Panic Sell-Off

Key Notes On-chain data shows that short-term Bitcoin holders are selling at a loss. A key indicator, showing the market bottom, has surfaced. The market sentiment remains in the neutral zone with bearish consolidation. Bitcoin (BTC) saw a sharp decline from its new all-time high of nearly $124,500, triggering fear, uncertainty, and doubt among investors and traders. Short-term Holders Sell Bitcoin at a Loss Some short-term BTC holders have been selling at a loss, similar to the January correction, according to data from CryptoQuant. Bitcoin’s Short-Term Holders Selling at a…

Bitcoin Price Extends Decline, Could Test $112K Before Bulls Return

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Bitcoin price is correcting gains and trading below $118,000. BTC is still showing some bearish signs and might decline toward the $112,000 zone. Bitcoin started a downside correction below the $118,000 zone. The price is trading below $116,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $118,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,000 resistance zone. Bitcoin Price Dips Again Bitcoin price started a…

BitMine Consolidates as World’s Largest Ethereum Treasury with $6.6B Holdings

Key Notes BitMine’s massive $6.6 billion crypto treasury represents a $1.7 billion weekly increase in digital asset holdings. Ethereum faces technical pressure at $4,250 support level following recent 11% pullback from August peak levels. Institutional backing from ARK, Founders Fund, and Galaxy Digital strengthens BitMine’s position in crypto markets. BitMine Immersion Technologies (BMNR) has consolidated its position as the world’s largest Ethereum ETH $4 356 24h volatility: 2.6% Market cap: $526.05 B Vol. 24h: $46.34 B treasury after announcing crypto holdings of $6.612 billion in an official press release on…

OpenEden and Binance Wallet Launch Six-Week, 20 Million EDEN Token Airdrop

Key Notes OpenEden’s airdrop allocates 2% of total supply through a three-phase program requiring 61+ Binance Alpha Points. The real-world asset tokenization company founded in 2022 specializes in tokenized US Treasury Bills partnerships. Eden Network’s dormant EDEN token surged 251% from confusion despite being completely separate from OpenEden’s project. OpenEden and Binance Wallet have launched a six-week airdrop campaign for the EDEN token. The program allocates 20,000,000 EDEN tokens, equivalent to 2% of the token’s total supply, to Binance Wallet users who complete specific tasks. The campaign starts on August…

PLUME Network Token Debuts on Binance Following 150M Token Airdrop: Price Surge 36%

Key Notes Binance opened PLUME trading on August 18, 2025, against pairs like USDT and BNB, following a 150 million-token airdrop. Plume is an EVM-compatible blockchain focused on real-world assets, with over 200 projects building on it and $366 million in TVL. PLUME’s price action was marked by strong volatility, with an aggressive surge a few hours before listing, followed by a crash as soon as trading started. Binance has added PLUME, the token from Plume Network, to its spot trading platform. The exchange kicked off trading on August 18,…