Author: John Smith

Despite a late-week dovish signal from Fed Chair Powell that spurred a $594 million rebound, crypto funds still bled $1.43 billion overall. The outflows, however, were not uniform, revealing a divergence in investor confidence between major assets. Summary Crypto funds saw $1.43 billion in outflows last week, the largest since March, amid Fed policy concerns. Bitcoin bore the bulk of the selloff with $1 billion in redemptions, while Ethereum limited outflows to $440 million. Exchange-traded product volumes surged to $38 billion, signaling active institutional repositioning. According to the weekly report from CoinShares Head of Research James Butterfill, the substantial capital…

Bitcoin dropped under $110K after someone dropped a massive 24,000 BTC on the market. Boom — $550 million in longs were liquidated. It’s still a shaky ride, and everyone’s watching key support zones to see if BTC can recover or if there’s more pain coming. Summary BTC dropped below $110K after a whale dumped 24,000 BTC, triggering $550M in long liquidations. Current price sits around $111K–$112K, with sentiment cautious and volatility high. Leverage risk remains elevated, with forced liquidations amplifying market swings. Whale activity continues to pose supply-side pressure and short-term instability. Key support at $112K has already been breached…

Solana price has dropped below $200 after a sharp rejection at $213, now hovering around the $195–$198 support. Will this support hold or could SOL slip further? Summary Solana price dropped below $200 following a sharp rejection at $213, after rebounding from a higher low at $175. Price currently trades at $195 as short-term technicals point to a risk of a deeper retracement. Derivatives data shows a slight short-term bearish bias, although top traders remain strongly long, suggesting confidence in a potential rebound. Solana (SOL) price is at a critical pivot point after dropping below $200 following a sharp rejection…

Police in Thailand have arrested a South Korean national who is suspected of laundering more than $50 million worth of illicit cryptocurrency for scammers by converting it to Gold. Summary Han, a South Korean national, was arrested on suspicion of money laundering. In just three months, Han allegedly converted $47 million in USDT to Gold. The 33-year-old suspect, who was identified as Han, was detained at the Suvarnabhumi Airport in Thailand on Aug. 23. Han allegedly played a central role in laundering funds for call centre scam gangs by acting as a financial conduit in a cross-border operation that used…

Former Binance CEO and founder Changpeng “CZ” Zhao calls Central Bank Digital Currencies “outdated” in the face of stablecoin acceleration. What happened to CBDCs and why are they fading now? Summary CZ says central bank digital currencies are now “outdated” as stablecoins continue to dominate the global market. So far, at least 10 countries have halted the continuation of CBDC pilot projects due to lack of demand and other factors. During his keynote speech at the WebX conference held in Tokyo, Japan on August 25, CZ highlighted how countries have shifted their stance towards digital currencies, particularly in the case…

Blockchain messaging protocol LayerZero has secured the $110 million acquisition of cross-chain platform Stargate after a heated, last-minute bidding war. Summary LayerZero won Stargate’s $110M acquisition with 95% DAO approval. Stargate stakers to receive 50% of revenue; rest goes to ZRO buybacks. Community chose LayerZero over rival bids from Wormhole, Axelar, and Across. With one of the highest participation rates in its history, the Stargate (STG) DAO approved the acquisition on with a 95% majority vote. Over 7.5 million veSTG tokens were cast by more than 15,000 addresses. As part of the agreement, the DAO was shut down, and governance…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rallies above $3.20, but 5 altcoins with stronger backing and breakout potential could outpace it in 2025. Summary Ripple reclaims $3.20, but LILPEPE’s $20.5m presale and Layer-2 tech hint at 50x gains. Little Pepe’s audit, Layer-2 memecoin ecosystem is drawing investors. With $20.5m raised and exchange listings ahead, Little Pepe could outpace Ripple in 2025. Ripple’s rebound above $3.20 with an 8% rally is making headlines. But it’s far from the only major opportunity in today’s crypto market.…

Pavel Durov, the billionaire founder of Telegram, criticized French authorities on Sunday, Aug. 24, over what he described as a baseless criminal investigation that has left him tied up in legal proceedings for more than a year. Durov, who was granted temporary permission to leave the country for Dubai in March, faces multiple charges linked to allegations that Telegram enabled organized crime. In a statement posted Sunday, he argued that holding a CEO accountable for the actions of users on a global messaging platform sets a dangerous precedent. “Arresting a CEO of a major platform over the actions of its…

Pi Coin, the native cryptocurrency of the Pi Network, remains in a deep slumber despite the recent crypto market rally. After hitting a year-to-date low, Pi Coin (PI) shows signs of a potential bullish reversal, forming rare chart patterns like a double-bottom and falling wedge. With low volatility suggesting an accumulation phase, the cryptocurrency could see a breakout if triggered by catalysts such as a tier-1 exchange listing, a token burn, or increased decentralization—though a drop below the double bottom would invalidate the bullish outlook. Summary Pi Network price has formed a falling wedge pattern on the daily chart.  Pi…

This week in crypto, the market saw a mix of high-profile partnerships, regulatory moves, and massive token acquisitions. From Ripple and SBI Holdings preparing to bring RLUSD to Japan, to SharpLink Gaming and Strategy making significant Ethereum and Bitcoin buys, digital assets continue to make waves. Meanwhile, global authorities cracked down on cybercrime, regulators pushed forward with “crypto sprint” initiatives, and political and corporate actors deepened their stake in the space. Here’s a roundup of the top stories shaping the crypto ecosystem this week. SBI Holdings welcomes Ripple stablecoin Tokyo-based financial services giant SBI Holdings agreed to collaborate with Ripple…