Key Notes Mantle (MNT) gained 30% in 48 hours, outperforming a wider market downturn. Bybit integration brings MiCA-compliant staking and new MNT use cases. Derivatives data signals strong resistance near $1.40 as bulls face a $5.7 million short position cluster. Mantle (MNT) gained another 13% on Saturday, August 16, crossing the $1.30 threshold to extend its two-day rally to 30%. The surge came as the broader crypto market reversed gains following hotter-than-expected U.S. PPI data, which dampened risk sentiment towards the end of the week. Bitcoin, which had touched a…
Category: Analysis
Gemini Files S1 Statement In IPO Push To Go Public on NASDAQ
Key Notes Gemini filed its S-1 statement to list its stock on the Nasdaq stock market. For now, no mention of an IPO price has been made for investors to note. Gemini is also working on a new credit facility with Ripple. Gemini, the cryptocurrency exchange founded by the Winklevoss brothers, has filed its S-1 statement to list its stock on the Nasdaq stock market. In its published statement, the company revealed some details about its intended Initial Public Offering (IPO) this year. Gemini Outlines Plans For 2025 Gemini first…
Fed Ends Crypto Oversight Program as Treasury Rules Out New Bitcoin Buys
Key Notes Federal Reserve discontinues specialized crypto supervision program after gaining sufficient understanding of digital asset risks in banking sector. Treasury Secretary confirms Bitcoin strategic reserve will use only confiscated assets worth $15-20 billion, rejecting new government purchases. Bitcoin briefly dropped to $116,856 following Treasury comments before recovering to $117,500 as regulatory clarity emerges. The Federal Reserve announced Friday it has officially ended its Novel Activities Supervision Program, a framework established in 2023 to enhance oversight of banks engaged in emerging technology sectors like cryptocurrency, distributed ledger technology (DLT), and…
Analyst Says XRP Price Could Explode 44,000% To Cross $1,000
Despite still trading within the single-digit territory, the XRP price is reportedly getting ready for one of the most dramatic rallies in crypto history. Market expert ‘Crypto Sensei’ predicts that the cryptocurrency could soar by more than 44,000%, potentially breaking past the $1,000 mark. The analyst noted that strong capital inflows have ignited a powerful market capitalization multiplier effect, setting the stage for this projected surge. XRP Price Set For Monumental Surge To $1,437 XRP could be on the brink of a historic price breakout, according to a new market…
Cardano Price Faces Heavy Resistance After Crossing $1 for First Time in 5 Months
Key Notes ADA derivatives show $194M in long positions versus $93M shorts, indicating bullish sentiment despite current consolidation. Critical resistance at $0.98 holds $43M in short positions, creating significant overhead barrier for sustained upward movement. RSI approaches overbought at 69.7% while price trades above Bollinger Bands, suggesting potential buyer fatigue ahead. Cardano ADA $0.93 24h volatility: 2.4% Market cap: $33.73 B Vol. 24h: $4.36 B has surged 20% over the past four trading sessions, briefly breaking above the psychological $1 mark for the first time since March 2. The March…
Brevan Howard Discloses $2.3B Stake in BlackRock Bitcoin ETF
Key Notes The hedge fund submitted its Q2 Form 13F on the final deadline day, revealing unexpectedly large Bitcoin exposure through multiple IBIT entries. Bitcoin recently crashed from $124,500 all-time high to $116,800, triggering over $1 billion in market-wide liquidations before recovering. BlackRock’s IBIT remains the largest Bitcoin ETF with $88 billion AUM, while institutional flows suggest potential altseason beginning. Brevan Howard, often described as one of the largest “macro hedge funds” in the world, disclosed a stake of $2.30 billion in BlackRock‘s iShares Bitcoin Trust ETF on August 15,…
SharpLink Gaming Consolidates as Second-Largest Corporate Ethereum Holder with $3.3B Treasury
Key Notes Company raised $2.6 billion through various offerings to fund rapid Ethereum accumulation and treasury strategy implementation. Joseph Lubin appointed as chairman while Joseph Chalom joined as co-CEO to strengthen cryptocurrency-focused leadership team. Despite generating 1,326 ETH in staking rewards, firm reported $103.4 million net loss due to non-cash impairments on holdings. SharpLink Gaming, Inc. (Nasdaq: SBET) reported second-quarter results on August 15, 2025, confirming the company’s new position as one of the largest corporate holders of Ethereum ETH $4 433 24h volatility: 2.5% Market cap: $537.34 B Vol.…
Hyperliquid Hits $29B Daily Volume as HYPE Price Nears ATH
Key Notes Hyperliquid recorded $29 billion daily trading volume and $7.7M daily fees. HYPE token is trading just 5% below its all-time high of $49.86. The platform holds 35% of all blockchain fee revenue. Decentralized derivatives trading platform, Hyperliquid HYPE $46.16 24h volatility: 2.8% Market cap: $15.48 B Vol. 24h: $507.36 M , has just recorded a historic 24-hour trading volume of $29 billion, generating $7.7 million in daily fees. This aligns with the surge in platform’s total value locked (TVL), nearly doubling in four months to $610 million. The…
WiseLink Taiwan Leads Corporate Bitcoin Investment
Key Notes WiseLink led a $10M raise for Top Win with a $2M convertible debt investment. Top Win will buy Bitcoin and rebrand to AsiaStrategy after merging with Sora Ventures. WiseLink chose debt for protection and the option to convert to shares later. A Taiwan-listed firm has taken an unusual step into the world of Bitcoin reserves. WiseLink has become the main backer in a $10 million funding effort for Top Win International, a Hong Kong luxury watch seller now moving into digital assets. This marks the first known case…
American Bitcoin Eyes Acquisitions in Japan, Hong Kong
Key Notes American Bitcoin is reportedly considering some strategic acquisitions in Japan and Hong Kong. Those familiar with the matter say it is exploring “accretive opportunities” in other markets to bring BTC to these areas. Hong Kong and Japan have introduced policies that encourage such acquisitions. American Bitcoin, a Bitcoin BTC $117 275 24h volatility: 0.7% Market cap: $2.34 T Vol. 24h: $50.26 B mining company backed by Eric Trump and Donald Trump Jr., is reportedly exploring strategic acquisitions in Asia, focusing on Japan and Hong Kong. According to some…