Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin continues to climb slowly as the asset tapped $111,800 earlier today before it was pushed south by nearly a grand. While most altcoins have remained sluggish on a daily scale, AVAX and BCH have marked impressive gains of around 5% each. BTC Taps $111K Following the price explosion on August 22 when BTC skyrocketed from under $112,000 to over $117,000 in minutes during the Jerome Powell speech, the cryptocurrency has failed to maintain its run and traded in an apparent downward pattern . After losing a few key support levels along the way, bitcoin’s price tumbled at the beginning of the current business week to just over $107,000. This became its lowest price tag in roughly two months. The bulls finally stepped up on Monday evening and didn’t allow a further breakdown. Instead, BTC started to recover some ground and returned to $110,000 yesterday. It climbed slightly again on Wednesday morning to almost $112,000, where it faced some pressure and was driven to the current $111,000. Its market capitalization has risen to just over $2.210 trillion on CG, while its dominance over the alts stands tall at 56.5%. BTCUSD. Source: TradingView BCH, AVAX on the Rise Ethereum was recently stopped at $4,500, and despite the massive accumulations from corporations and whales, the asset has failed to resume its run and now struggles to remain above $4,300. On a daily scale, BNB, TRX, LINK, and HYPE are also slightly in the red. In contrast, SOL has jumped by 3% and now sits around $210. DOGE, ADA, and SUI have charted insignificant gains. The day belongs to Avalanche and Bitcoin Cash from the larger-cap alts, as both have risen by around 5% of value to $25 and $600, respectively. MemeCore is once again the top performer, having soared by 14% daily to $0.95. BGB and ONDO follow suit, but are far behind. The total crypto market cap has remained above $3.9 trillion on CG after a minor daily increase. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Avalanche Jumps 5% Daily as Bitcoin Price Rises to $111K: Market Watch appeared first on CryptoPotato .
Bitcoin Cash price is showing renewed bullish momentum after an hourly golden cross and a 40.65% jump in volume; BCH trades near $560 and could test $600 if $567 support
Bitcoin Cash in spotlight amid volume breakout over past 24 hours
Crypto commentator Jonny Litecoin published a post comparing his real-world experience working with payments involving Litecoin (LTC) and XRP. In his tweet, he wrote that he has “never once seen an XRP transaction done in the real world” and questioned the lack of blockchain analytics available for XRP. He went further to say that he concludes that XRP is a psychological operation designed to distract people. Quick recap of my experience working in payments of #XRP vs #Litecoin . I have never once seen a XRP transaction done in the real world. Where are the blockchain analytics?? My conclusion is that XRP is a psychological operation meant to distract you. pic.twitter.com/q8BJrCjpSp — Jonny Litecoin (@jonnylitecoin) September 1, 2025 Explanation in His Video In the video attached to the tweet, Jonny Litecoin expanded on his statement by explaining his history of working with payments. He began by outlining the differences between Litecoin and XRP. He noted that Litecoin was created similarly to Bitcoin , with 84 million coins instead of 21 million. He emphasized that Litecoin, like Bitcoin, is mined, which gives it a cost of creation and a cost of production. He argued that anything with value requires energy to produce, and this process is part of what gives Litecoin its value. In contrast, he described XRP as not being mined and not using proof of stake. Instead, he said that XRP was created by the company Ripple , and that investing in XRP is essentially the same as investing in Ripple itself. He positioned this difference as a key factor in why he views Litecoin as operating in a fundamentally different way compared to XRP. Observations on Payments Jonny Litecoin then explained his experience setting up and managing crypto payment gateways. He stated that through his work, he has seen transactions come in for Bitcoin, Ethereum, Dash, DigiByte, Bitcoin Cash, and other cryptocurrencies. However, he said that he has never seen a single XRP transaction appear in the analytics of these systems. According to him, despite years of working directly with payment gateways, XRP has not been a part of the activity he has observed. He added that in his personal experience, he has only helped two people move XRP out of exchanges into private wallets. He said he asked those individuals why they were interested in XRP, and they answered that “spirit” had guided them toward it. His Conclusion About XRP Based on his experiences and observations, Jonny Litecoin said that he views XRP as a psychological operation, a distraction rather than a practical payment solution. He said no public blockchain data or analytics confirm the claims of billions moved in seconds, and he stressed that he wants proof and verifiable data. He also questioned the repeated claims that XRP would replace or take over the SWIFT system, calling it “a crypto fairy tale.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He concluded by reinforcing that Litecoin operates in what he described as the real world, pointing to its verifiable transactions and energy-backed creation process. In his view, XRP does not meet these same standards, and he positioned Litecoin as the asset with practical use in payments compared to XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Litecoin Maxi Shares Experience Working In Payments of XRP vs LTC appeared first on Times Tabloid .
The Bitcoin Cash price prediction has taken a more positive turn after Tether reversed its earlier decision to fully discontinue USDT operations on the Bitcoin Cash blockchain. Tether had initially announced plans to phase out USDT support across five blockchains – including Bitcoin Cash – with redemptions set to end by September 1 . However, in a surprise update , Tether confirmed it will no longer freeze transfers on these networks, though it will still halt new issuance and redemptions . This shift offers a more favorable outlook for Bitcoin Cash , preserving long-term utility and easing fears of liquidity loss. Bitcoin Cash Price Prediction: Tether Cancels Shutdown on BCH Chain – Big Updates Coming Soon? Writing on its website, Tether announced that it has heeded “feedback” from the users and communities of the affected blockchains, and that it has therefore decided it “will not freeze the smart contracts on these networks.” What this means is that users of USDT on Bitcoin Cash (or Omni Layer, Kusama, EOS and Algorand) can still transfer the stablecoin within their blockchain and to other chains, but that Tether itself will not be supporting new issuance or on-chain redemptions. Explaining this move, Tether wrote that it aligns with the firm’s “broader strategy, which remains centered on expanding support for ecosystems with the strongest developer activity, scalability, and user demand.” As such, the latest update is arguably not a major win for Bitcoin Cash, which has not performed well today. And if we turn to its chart, it’s clear that the token may still decline a little further before recovering in a concerted way. Source: TradingView Its relative strength index (yellow) has recently dipped below 50, yet it may need to drop to 30 or even lower before the coin tempts buyers to return. The same applies to the coin’s MACD (orange, blue), which turned negative a few days ago, yet recent history suggests that it will also have to fall lower before things really change. In the longer term, it doesn’t help that there’s no standalone Bitcoin Cash ETF in the works, as there is for Litecoin and Dogecoin, two other major alts derived from Bitcoin. Bought some $BCH spot @ $540. – 128 days of slow diagonal grind up – moments of strength in recent months – decent ABC pullback from highs – boomer coin, boom mcap @ $10B – break above $650-$700 and clear skies I might be delusional, but feel like something is brewing. pic.twitter.com/5Lib73Mgnk — alec (@alecTrading) August 30, 2025 However, this could change once the current batch of applications gains approval, paving the way for more filings. In such a context, Bitcoin Cash could climb back to $800 by December , while it could start 2026 close to $1,000 . L2 Bitcoin Hyper Raises $13.2 Million in Biggest Presale of the Summer: Next 100x Alt? If Bitcoin Cash is too unconvincing for some traders, they may prefer to diversify into newer altcoins with more upside potential. This may include allocating a portion of their portfolios to presale tokens, which can sometimes rally big when they list for the first time. One presale coin with a good chance of doing this is Bitcoin Hyper (HYPER), a new layer-two network for Bitcoin . Bitcoin Hyper has raised a very impressive $13.2 million in its sale, which is growing from strength to strength. $BTC has got a need for speed… That's where $HYPER comes in. https://t.co/VNG0P4FWNQ pic.twitter.com/QKQ2ASd7P6 — Bitcoin Hyper (@BTC_Hyper2) September 1, 2025 The project has attracted lots of interest from investors, given its plans to launch a layer-two network that will make Bitcoin cheaper and faster to use. It will harness Solana’s Virtual Machine (SVM) and zero-knowledge rollups, giving it a high level of scalability and security. The platform’s long-term aim is to become a DeFi hub for Bitcoin, enabling BTC owners to put their holdings to profitable use. Its native token, HYPER, will have a max supply of 21 billion tokens, and users who deposit BTC with the L2’s smart contract will receive an equivalent amount of HYPER in return for use. Holders of HYPER will also be able to stake the token for a passive income, making it potentially very profitable. Investors can join its sale by going to the Bitcoin Hyper website , where it’s currently selling for $0.012835. This will rise every few days until the presale ends, so new buyers should move quickly. Visit the Official Website Here The post Bitcoin Cash Price Prediction: Tether Cancels Shutdown on BCH Chain – Big Updates Coming Soon? appeared first on Cryptonews .
The crypto market is down today, with 93 of the top 100 coins seeing their prices fall over the past 24 hours. Overall, the cryptocurrency market capitalization has decreased by 0.8%, now standing at $3.83 trillion. At the same time, the total crypto trading volume is at $107 billion, somewhat lower than the levels we’ve been seeing over the past couple of weeks. TLDR: 95 of the top 100 coins have turned red today; 93 of the top 100 coins have turned red today; Nearly all top 10 coins have dropped today, with BNB slightly in the green; BTC fell 0.1% to $108,290, and ETH is down 0.5% to $4,402; BTC price of $97,000 or even $75,000 could be in the cards; Conversely, BTC has the potential to move above $144,000; ’Key signals to watch are US diplomatic actions, sanctions, and oil supply developments’; Both US BTC and ETH ETFs broke inflows streaks on Friday, with outflows of $126.64 million and $164.64 million, respectively; Major Japanese companies are continuing to buy BTC and altcoins; Crypto sentiment entered the fear zone. Crypto Winners & Losers At the time of writing, nine of the top 10 coins per market capitalization have decreased over the past 24 hours. Bitcoin (BTC) fell only 0.1% at the time of writing, meaning it’s practically unchanged, now trading at $108,290. At the same time, Ethereum (ETH) is down by 0.5%, now changing hands at $4,402. The biggest drop in the category is XRP (XRP) ’s 2.8% to the price of $2.74. It’s followed by Dogecoin (DOGE) , with a drop of 2.1% to $0.2117. Most coins in this category are down below 1%. The only green coin currently is Binance Coin (BNB) , having increased by 0.5%, changing hands at $858. As for the top 100 coins, only seven coins are up. KuCoin (KCS) appreciated the most among these: 3.3% to $14.7. POL (POL) is up 1.5% to the price of $0.2744, while other green coins are up 0.9% and less. On the other side, Pi Network (PI) dropped the most: 8.9%, trading at $0.3491. Bonk (BONK) follows, with a decrease of 6.9% to the price of $0.000021. Meanwhile, major Japanese companies are continuing to buy BTC and altcoins with their balance sheets, with the mobile gaming firm Gumi poised to spend $17 million on XRP purchases. Gumi has also unveiled plans to launch a multi-billion yen crypto management fund in conjunction with SBI . The $300B stablecoin market is set to grow into the trillions. Together with @sbivc_official , we’re bringing $RLUSD to Japan in early 2026, offering users and institutions a trusted, regulated and fully-backed stablecoin built for enterprise use cases. https://t.co/htcrMiQkTe — Ripple (@Ripple) August 22, 2025 On the other hand, Nobel Prize-winning economist Jean Tirole warned that the governments’ weak oversight of stablecoins could eventually lead them to pay multibillion-dollar bailouts , should the tokens unravel during a financial crisis. ‘We’ve Entered the Later Stages of the Current Bullish Cycle’ John Glover, Chief Investment Officer of Ledn , commented that the price action over the past week called into question the validity of his wave count. He says that Elliott Wave Theory has a rule per which the bottom of wave iv (yellow line on the chart below) cannot be below the top of wave i. “As can be seen in the chart below, wave iv has clearly penetrated wave i,” he notes. Source: Ledn If this is the case, Glover continues, “it means that we have seen the top in BTC prices for now,” and that a deeper correction, down as low as $97,000 or even $75,000, is in the cards. “However, an alternative count is that instead of the 5 wave blue line being the completion of wave iii, it may only be wave 1 of wave iii.” If this is the case, we may still see a correction to $97,000, but then the ultimate Wave 5 (orange line) target is far higher than $144,000. He concludes that: “I’m not ready to categorically state which count is correct, and will monitor the price action for a couple of weeks before I’m willing to commit. Until then, I will hold my long position.” Moreover, Bitunix analysts noted that, over the past week, BTC saw heavy liquidations clustered around $109,500 over the past week. The $107,400 level remains a major long position concentration zone, they added. “For crypto assets, geopolitical risks may briefly amplify volatility and trading volumes, but liquidity and capital dynamics remain the medium-to-long-term drivers,” the analysts said. “Key signals to watch are diplomatic actions, sanctions, and oil supply developments, rather than reacting emotionally to single news events.” Levels & Events to Watch Next At the time of writing on Wednesday morning, BTC trades at $108,290. There was a clear, sharp drop today from $109,195 to the intraday low of $107,295. This is also the intraweek low. The highest point today was $109,198, while the highest price over the past week was $113,220. BTC is now down 2.8% in a week, 4.5% in a month, and 12.5% from its all-time high. Investors are now looking to see if the coin will fall below $107,000, which would lead to the $105,000 and, subsequently, $100,000. Conversely, in the case of a rally, it could climb above $111,000 and towards $115,000. More precisely, the first resistance is at $111,350, followed by $113,500 and $115,700. On the other hand, $105,150 could lead to $103,350. Bitcoin Price Chart. Source: TradingView Ethereum is currently trading at $4,402. It too plunged from $4,472 to the low of $4,367. Its intraday high was $4,491, and the intraweek high was $4,653. While the coin is down 4.3% in a week, it’s still up 26.1% in a month. It’s also down 10.7% since its ATH. Should the coin continue dropping, it may reach $4,300 and then $4,250. ETH is still performing green overall, and the price may continue rising over the $4,600 level. More precisely, resistance stands at $4,665, followed by $4,865. However, pullbacks could see $4,265 and then $4,070. Notably, the crypto market sentiment plummeted and finally exited the neutral zone, moving into the fear zone. The crypto fear and greed index dropped from 47 on Friday to 40 over the weekend and 39 today . The caution turned into fear, which may now be pushing the prices down. That said, this could form buying opportunities for investors. Meanwhile, the US BTC spot exchange-traded funds (ETFs) broke the short positive flow streak, letting go of $126.64 million on 29 August. BlackRock and WisdomTree recorded inflows of $24.63 million and $2.3 million, respectively, while three funds saw outflows, the highest of which is Ark&21Shares’s $72.07 million. Moreover, the US ETH ETFs also saw outflows, breaking their streak as well, with $164.64 million on Friday. Four of the nine funds saw negative flows, and there were no inflows. The highest among these is Grayscale’s $61.3 million. Meanwhile, Metaplanet said on Monday that it added 1,009 BTC to its reserves, with its total reaching 20,000 BTC. The company made multiple acquisitions in July and August, funding its purchases through capital market activities and operating income. *Metaplanet Acquires Additional 1,009 $BTC , Total Holdings Reach 20,000 BTC* pic.twitter.com/kwvUkQaFth — Metaplanet Inc. (@Metaplanet_JP) September 1, 2025 Quick FAQ Why did crypto move with stocks today? The crypto market dropped over the past day, as did the stock market on Friday, which was its previous day of trading. By the closing time on Friday, the S&P 500 was down by 0.64%, the Nasdaq-100 decreased by 1.22%, and the Dow Jones Industrial Average fell by 0.2%. The stock market took a rest, following August highs and last week’s Nvidia quarterly earnings results and other US economic data. Is this dip sustainable? The dip is still sustainable, at least in the near-term. Many analysts predict another rally, but for now, we’re in a phase of corrections. You may also like: (LIVE) Crypto News Today: Latest Updates for September 01, 2025 The native token of the Trump family DeFi project has officially launched, sparking a wave of bullish World Liberty Fi Price predictions.The altcoin can now be traded, with Tier-1 exchange listings including Binance, alongside a vesting schedule that caps early investor sales to 20% of holdings.WLFI began trading on decentralized crypto exchange Hyperliquid at $0.44, making for a fully diluted value of around $40 billion, based on its 100 billion token supply. However, only... The post Why Is Crypto Down Today? – September 1, 2025 appeared first on Cryptonews .
Bitcoin Cash (BCH) has broken below its ascending daily channel, signaling a likely short-term shift in structure; bulls must reclaim the $554 EMA/SMA cluster to avoid further downside toward $480–$450
Tether, the company behind the world’s largest stablecoin USDT, has discarded its plans to completely sunset USDT operations on five blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. The crypto company announced the initial plan to disable its stablecoin support on these legacy chains in July, citing a shift in its business strategy. Tether justified this earlier decision with the claim of aligning its operations with the current shift in user behavior and increased focus on more scalable, actively developed blockchain networks. Also, the dwindling activity on some of these ecosystems was highlighted as one of the reasons behind freezing USDT operations. At the time, Tether advised customers with their USDT holdings on Omni Layer, Algorand, and the other affected blockchains to redeem their stablecoins before the September 1, 2025, deadline. However, it appears that these users won’t need to do this anymore following the issuer’s latest decision. What Did Tether Change In Its Plan? In a media release on its website, Tether disclosed that investors with USDT holdings on the five legacy blockchains will no longer have to redeem their coins before the September 1 deadline. While these ecosystems will stop supporting the USDT issuance and redemption, the revised plan will now allow users to transfer their USDT stablecoins across other blockchains. The media release read: Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks. While users will still be able to transfer the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This means the tokens will no longer be officially supported as other Tether tokens. According to the crypto company, this revised plan correlates with the broader strategy to expand support for crypto ecosystems with strong developer activity, scalability, and user demand. “Tether remains committed to a smooth transition and will continue to engage with the community to ensure transparency and clarity throughout this process,” the stablecoin issuer added. Tron and Ethereum lead the blockchain pack in terms of USDT adoption, with $80.9 billion and $72.4 billion of the Tether stablecoins circulating in their ecosystems. Meanwhile, the BNB Chain boasts the third-largest USDT supply worth around $6.78 billion. USDT Market Cap As of this writing, the total market capitalization of Tether’s USDT stands at roughly $167.4 billion, according to data from CoinGecko.
Stablecoin issuer Tether has announced that it will halt its previous plans to freeze USDT on five blockchains. According to the stablecoin firm, the plan to freeze USDT smart contracts on the five chains will be paused, noting that it will only remain transferable on these chains but can no longer be issued or redeemed on them. The revised plan is expected to affect chains like Omni Layer, Algorand, EOS, Bitcoin Cash SLP, Kusama, Tether said. The company said the development was born out of the feedback that it received from members of these ecosystems. “Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks.” Tether suspends plan to freeze USDT on five blockchains According to Tether, while users can still transfer tokens on these blockchains, it will discontinue direct issuance and redemption on these chains. “This means the tokens will no longer be officially supported as other Tether tokens,” the company said . The initial plan was to end support for users on these chains on September 1. The decision is in line with Tether’s broader strategy to remain focused on expanding support for crypto ecosystems, adding strong developer activity, scalability, and use demand without completely abandoning the chains it has supported for a long time. According to Tether, only a small smart contract-based layer–1 blockchains have been able to successfully achieve large-scale user adoption while offering practical uses, such as Tron and Ethereum. Tron and Ethereum are the two chains that Tether supports the most. Tron boasts $80 billion, while Ethereum has $72 billion worth of USDT circulating supply. Meanwhile, BNB Chain rounds up the top three, boasting $6.78 billion, according to data from DeFiLlama. Solana and other Ethereum layer-2 chains, Arbitrum and Base, are among the other successful crypto ecosystems with good stablecoin activity, though they use Circle’s USDC stablecoins rather than USDT. Omni Layer will be the most affected chain A review of USDT balances across the affected blockchains shows that Omni Layer will be the most affected, considering it holds a net circulation of $82.9 million USDT. Other networks boast smaller participation, with EOS seeing $4.2 million, while Bitcoin Cash SLP and the others boast a little under $1 million worth of USDT. Tether mentioned that the decision to pull its weight from these chains has been in the works for about two years. In August 2023, the company announced it would no longer issue USDT on Omni Layer, Kusama, and Bitcoin Cash SLP. In June 2024, Tether stopped minting on EOS and Algorand. The total market cap of stablecoins is currently around $285.9 billion, with USDT and USDC leading at $167.4 billion and $71 billion, respectively, according to data from CoinGecko. Last Month, United States President Donald Trump signed the GENIUS Act into law, with many analysts noting that it will help the US dollar’s dominance by promoting stablecoins pegged to the dollar, rivaling other currencies, and reinforcing the dollar’s role as the world’s leading reserve currency. The United States Department of the Treasury expected the stablecoin market to grow to $2 trillion by 2028. “The entire crypto community, for years, you were mocked and dismissed and counted out, you were counted out as little as a year and a half ago, but this signing is a massive validation … of your hard work and your pioneering spirit,” said Trump. Join Bybit now and claim a $50 bonus in minutes