DOGE whales are selling amid declining open interest and network activity, suggesting that Dogecoin’s price may continue to fall to as low as $0.12. Key takeaways: Dogecoin whales offload large volumes of DOGE, signaling risk aversion. Declining open interest and daily active addresses signal less demand for DOGE. Read more
Metaplanet will issue up to 555 million new shares, with most of the $880 million raised directed toward Bitcoin purchases and income strategies. Japanese investment company Metaplanet approved a plan to raise 130.3 billion yen ($880 million) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to about 1.27 billion shares. The issue price will be determined Sept. 9-11, with payments scheduled to settle shortly after. Metaplanet said the bulk of the funds will go toward acquiring additional Bitcoin (BTC), adding to its existing treasury reserves of 18,991 BTC (valued at around $2.1 billion). The company said the strategy is designed to protect against Japan’s weak yen, mitigate inflation risks and enhance corporate value. Read more
Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana. Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days. Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume. Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network. Read more
The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia. A cryptocurrency trader upsized his multimillion-dollar social media pressure campaign against MEXC after claiming that the digital asset exchange requested an in-person meeting to unfreeze the user’s $3 million worth of personal funds. In July 2025, centralized cryptocurrency exchange (CEX) MEXC allegedly froze $3.1 million worth of personal funds without any terms of service violations, according to pseudonymous crypto trader the White Whale. On Sunday, the trader launched a $2 million social media pressure campaign against the exchange, aiming to increase attention on the matter, after claiming that the exchange had requested a one-year review period before unfreezing the user’s funds, Cointelegraph reported on Monday. Read more
Low Taker-Buy-Sell-Ratio, declining network activity and other bearish factors could pull BTC price below its critical support at $110,000. Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Read more
From corner shops to big retailers, Venezuelans are embracing stablecoins as inflation soars and the bolívar loses over 70% of its value. Cryptocurrencies are becoming a core part of the economy in Venezuela as citizens turn to digital assets to shield themselves from a collapsing currency and tighter government controls. From small family stores to large retail chains, shops across the country now accept crypto through platforms such as Binance and Airtm. Some businesses even use stablecoins to pay employees, while universities have begun offering courses dedicated to digital assets. “There’s lots of places accepting it now,” shopper Victor Sousa, who paid for phone accessories with USDt (USDT), told the Financial Times. “The plan is to one day have my savings in crypto.” Read more