Price predictions 8/25: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur.
Kalshi taps influencer to head crypto arm
The self-described university dropout came to the attention of Kalshi’s executives due to his social media activity.
After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns
ETHZilla’s $250 million buyback highlights how companies are tapping crypto gains for liquidity — but analysts warn that leverage risks could turn treasuries into ticking time bombs.
Bitcoin holders ‘distribute’ as $105K becomes BTC’s last stronghold
Bitcoin’s Jackson Hole gains evaporated after an assortment of BTC holder cohorts began to distribute. Is $105,000 the next stop?
Citi executive warns stablecoin yields could drain bank deposits: Report
Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.
Is $20K ETH price now in play? Ethereum market enters ‘belief’ zone
Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices.
Crypto ETPs post $1.4B losses amid recent Bitcoin, Ether sell-offs
Crypto ETPs saw their biggest losses since March as outflows totaled $1.43 billion amid investor sentiment becoming “polarized,” CoinShares’ James Butterfill reported.
Strategy buys $357M in Bitcoin as price drops to $112K
Michael Saylor’s Strategy announced a $356.9 million Bitcoin purchase last week, bringing total BTC buys in August to just 3,666 BTC.
How to use ChatGPT to research coins before you invest
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions.
Bitcoin late longs wiped out as sub-$110K BTC price calls grow louder
Bitcoin leveraged positions grew over the past 24 hours, and many of these late longs have been wiped out as the BTC price dropped below $112,000.