Crypto

It's a watershed moment for crypto, as the U.S. Government begins publishing official economic stats on the blockchain.

Open interest in SOL futures hit a record high alongside a rally in the token's price to a level not seen since February even as Solana application revenue dropped.

XRP price must hold above $2.80 or risk triggering a technical correction in September, with the downside target closer to $2. Key takeaways: XRP is on course to finish August in losses, raising worries about a potential bearish continuation in September. Losing $2.80 support could accelerate XRP selling, with technicals warning about a 25% drop ahead. Read more

Dutch crypto firm Amdax raised $23.3 million to launch AMBTS, a Bitcoin treasury company aiming to list on Amsterdam’s Euronext and accumulate 1% of all BTC. Dutch cryptocurrency service provider Amdax raised 20 million euros ($23.3 million) to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange. According to a Friday announcement, multiple investors have committed about $23.3 million in an initial financing round for Amdax’s Bitcoin (BTC) treasury. This follows an announcement earlier this month that it would launch the treasury as an independent, privately held company with its own governance, AMBTS. AMBTS is being created to eventually accumulate at least 1% of all Bitcoin that will ever be created, or about 210,000 BTC. Such an amount of Bitcoin is currently worth over $23 billion. Read more

Your day-ahead look for Aug. 29, 2025

Bitcoin whale behavior remains "spoofy" as crypto traders flag BTC price patterns repeating this week with US inflation data incoming. Key points: Bitcoin whales take the blame as “spoofy” transactions send BTC price action below $110,000. The Bitcoin “whale playbook” means that price is repeating behavior from earlier in August. Read more

Realized price levels highlight investor stress and looming psychological thresholds

CoinShares posted $32.4M in Q2 profit and plans a US listing, with executives expecting strong momentum in the second half as Bitcoin and Ether hit new highs. Digital asset investment company CoinShares reported that its assets under management (AUM) increased 26% in the second quarter of 2025, closing the period at $3.46 billion.  CoinShares said the AUM increase happened amid a $126 million outflow in its XBT Provider products. Despite this, the company said rising crypto prices contributed to its growth during Q2. The firm pointed to Bitcoin (BTC) gaining 29% and Ether (ETH) being up 37% during the time period. With BTC and ETH reaching new highs in August, CoinShares chief executive Jean-Marie Mognetti said the company expects a strong second half. Read more

Seoul police have arrested 16 suspects who stole $28M from crypto and bank accounts, targeting BTS's Jungkook and wealthy Korean investors.

Bitcoin may see a deeper correction toward $103,000 after losing a key support level, new price analysis concludes. Key takeaways: Bitcoin needs a weekly close above $114,000 to avoid a deeper correction and reaffirm bullish strength. Failure to hold $112,000 and a bear flag breakdown could trigger drop to $103,700. Read more

Avalanche transaction growth topped all blockchain networks with 66%, as the smart-contract network saw more government implementation and renewed ETF applications. Update Aug. 29, 1:07 p.m. UTC: This article has been updated to include comments from Ava Labs’ chief strategy officer. Avalanche’s transaction growth surpassed all other blockchain networks this week, signaling more investor mindshare rotating to the smart-contract blockchain’s utility token, as it also saw increasing governmental adoption. Avalanche, a smart contract blockchain designed to improve scalability and usability, has emerged as one of the fastest–growing blockchain networks. Read more

President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.

The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.

Block flows suggest that traders are still betting on a year-end rally.

The exchange-traded funds look to track everything from Solana to XRP to Dogecoin, which combined make up trillions of dollars of the crypto market. There are at least 92 crypto exchange-traded products awaiting a decision from the US Securities and Exchange Commission.  Solana (SOL) and XRP (XRP) are the most sought-after crypto assets, with SOL having eight ETF applications pending and XRP having seven, according to new data from Bloomberg Intelligence’s ETF analyst James Seyffart. Eric Balchunas, Bloomberg’s Senior ETF Analyst, posted on April 21 that 72 crypto-related ETFs were pending with the SEC, meaning another 20 ETFs have been filed in the past four months. Read more

The outage prevented traders from managing positions, impacting the derivatives market significantly.

10x Research prefers the short strangle strategy for the second month as market dynamics point to near-term calm.

Tiger’s model pegs a “base price” of $135,000, then layers on multipliers for fundamentals (+3.5%) and macro conditions (+35%) to reach the $190,000 forecast.

The application follows Canary Capital's May filing for SEI as fund managers pursue ETFs beyond Bitcoin, Ethereum.

Ethereum’s institutional appeal is fueling ETF inflows and outperforming Bitcoin, even as broader crypto markets stall.