GameStop CEO Ryan Cohen’s decision to unfollow all Bitcoin accounts raises concerns about the company’s future in cryptocurrency, despite holding $500 million in Bitcoin. GameStop has over $8.5 billion in
The Binance Coin (BNB) market is showing high levels of bullishness, marked by an 8.92% price gain in the past week. The Binance exchange’s native cryptocurrency now trades above $800 and is merely 6% from returning to its all-time high figure. Interestingly, striking similarities between BNB’s current chart structure and Bitcoin’s trajectory in earlier phases of its bull cycle indicate the altcoin could be in the early stages of a major price rally. Related Reading: Cardano Price Prediction: Why A 52% Rally To $1.20 Could Happen Soon Technical Patterns Suggest BNB Could Surge By Over 50% In an X post on August 9, Ali Martinez highlights upside potential in the BNB market after weekly price data from TradingView suggests the altcoin is replicating Bitcoin’s price movement. Notably, the premier cryptocurrency is currently trading at approximately $116,769, having recently broken through multiple key resistances at $82,500, $95,000, and $110,000. From the chart above, the similarities between BNB and Bitcoin’s price are easily seen moving through phases of accumulation, breakout, and rapid expansion. For BTC, traders can observe a prolonged sideways range between mid-2022 and 2023, fluctuating between roughly $15,000 and $25,000, before a steady climb accelerated sharply past the $70,000 and $82,500 resistance in late 2024. Thereafter, the crypto market leader surges towards higher price targets at $95,000, $110,000, and $120,000. Interestingly, BNB’s trajectory mirrors this pattern, with a long consolidation between $200 and $350 from 2022 to 2023, followed by a breakout above $450 and a decisive move past $700 in 2024. Presently, the altcoin finds itself trading at minor resistance at $800, similar to the $80,000 level in the BTC market. If the parallel continues, clearing the mid-cycle resistance at $700 should unleash a strong bullish momentum, which easily pushes BNB towards $950. Thereafter, the cryptocurrency may experience an intense correction, falling to around $777, before climbing towards $1,200 to produce a 50% gain from current market prices. However, while chart similarities offer compelling insights, they do not guarantee identical outcomes. Macroeconomic conditions, regulatory events that affect Binance could impact the BNB’s rally. Alternatively, the potential of an impending altseason may cause BNB to deviate from the observed parallel performance, causing the altcoin to outperform Bitcoin. Related Reading: Bitcoin Volume Shelf Indicates Possible Launch To $131,000 – Analyst BNB Price Overview At press time, BNB trades at $810 after a slight 1.78% gain in the last 24 hours. On larger timeframes, the digital asset also remains in profit with price increases of 8.57% and 19.04% on the weekly and monthly charts, respectively. This performance suggests that BNB traders are largely maintaining a bullish outlook, with buying interest persisting across both short- and long-term horizons as momentum continues to build. Meanwhile, with a market cap of $112.36 billion, the Binance Coin continues to rank as the fifth-largest cryptocurrency and fourth-largest altcoin in the market. Featured image from Apple, chart from TradingView
Bitcoin (BTC) is up nearly 2% over the past 24 hours as buyers make a renewed push towards $120,000. However, the price is expected to face substantial resistance at that level. However, the flagship cryptocurrency has maintained its position above $116,000, indicating that bulls are not ceding ground to sellers. BTC registered a sharp jump over the weekend thanks to bullish policy shifts and rising futures open interest. Robert Kiyosaki Predicts Bitcoin Slump To $90,000 Best-selling author Robert Kiyosaki believes Bitcoin (BTC) could slide towards $90,000 thanks to the “ Bitcoin August Curse.” However, Kiyosaki indicated he would use the decline as an opportunity to increase his Bitcoin holdings. He added that the real problem was the multi-trillion-dollar debt. Kiyosaki stated, “Bitcoin Curse: Will the ‘Bitcoin August Curse’ crash Bitcoin’s price to below $90K? I hope so. If the Bitcoin August Curse hits and Bitcoin crashes, I stand by to 2x my position today. The problem is not Bitcoin. The real problem is our multi-trillion-dollar debt and incompetent PhDs running ‘the SWAMP,’ the Fed, and our Treasury. The Bitcoin August Curse will make most Bitcoin investors richer.” The “Bitcoin August Curse” is a historical pattern where BTC has underperformed or experienced significant downward pressure. Experts have attributed BTC’s muted performance in August to seasonal low trading volumes and profit taking. Kiyosaki also warned his followers about traditional investments, calling financial planners liars and bonds unsafe. “Financial planners lie when they say ‘bonds are safe.’ There is nothing safe in a market crash. The commercial real estate market is crashing. Moody’s downgraded U.S. bonds. Asians are buying gold. I’ve been buying real gold, silver, and bitcoin… oil and cattle… for years… Because I plan on getting richer during the coming crash and the next Great Depression.” Bitcoin (BTC) Traders Brace For Short Squeeze Bitcoin (BTC) is approaching the $120,000 mark as traders expect a strong performance next week. The flagship cryptocurrency roared back into positive territory on Sunday, surging past $117,000 as buyers began a renewed push towards $120,000. Analysts believe that BTC will continue to push higher next week. Popular trader Rekt Capital stated, “ BTC is on the cusp of reclaiming ~$117200 back into support. Bitcoin is hours away from a decisive Weekly Close.” Another trader stated that while weekend prices could typically reverse when traditional markets reopen, BTC could reach new all-time highs next week. “Just a 10% upward move will cause $18B+ in short liquidations, and big money is probably watching it. My guess is that Monday could be a bit bearish with BTC retracing its weekend pump. After that, we could see a move above $120,000.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) could end the weekend on a bullish note as price action picked up, propelling the flagship cryptocurrency towards the $120,000 mark. One popular analyst believes BTC could reach $131,000, basing his prediction on the existence of a volume shelf on the BTC/USDT daily chart. The analyst identified BTC’s current price levels as the launch area, stating that if the price consolidates above this level, it could suggest sufficient buying interest to propel the cryptocurrency higher. BTC started the previous weekend in the red, dropping over 2% to $113,365. Sellers retained control on Saturday as the price fell 0.67% to $112,601. Despite the selling pressure, BTC recovered on Sunday, rising nearly 2% to reclaim $114,000 and settle at $114,307. The price continued pushing higher on Monday, rising 0.69% to cross $115,000 and settle at $115,097. The flagship cryptocurrency plunged to an intraday low of $112,707 on Tuesday as selling pressure intensified. However, it rebounded from this level to reclaim 114,000 and settle at $114,139, ultimately registering a 0.83% drop. Source: TradingView BTC was back in positive territory on Wednesday, rising 0.80% to cross $115,000 and settle at $115,047. Bullish sentiment intensified on Thursday as the price rallied, rising over 2% to cross $114,000 and settle at $117,483. However, BTC was back in the red on Friday, dropping 0.83% to $116,512. Sellers retained control on Saturday as the price fell 0.48% to $115,957. The current session sees BTC up nearly 2%, having crossed $118,000 and trading around $118,180. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
BitcoinWorld Bitcoin Price Surge: BTC Rockets Above $119,000! Exciting news echoes across the digital asset landscape! According to recent Bitcoin World market monitoring, the leading cryptocurrency, Bitcoin (BTC), has demonstrated remarkable strength, soaring past the significant $119,000 mark. This impressive Bitcoin price surge captures the attention of investors and enthusiasts globally, signaling robust activity in the BTC market . Currently, BTC is trading at $119,036.9 on the Binance USDT market, a widely recognized benchmark for its value against the US dollar-pegged stablecoin, Tether. What’s Driving This Remarkable BTC Market Momentum? The recent ascent of Bitcoin above $119,000 is not merely a number; it reflects growing confidence and dynamic forces within the digital economy. Several factors often contribute to such a powerful crypto rally . These can include increasing institutional adoption, where large financial entities are allocating capital to Bitcoin, recognizing its potential as a store of value. Moreover, global macroeconomic conditions, such as inflation concerns or geopolitical events, can push investors towards decentralized assets like Bitcoin as a hedge. Institutional Influx: Major corporations and investment funds are increasingly adding Bitcoin to their portfolios, validating its long-term viability. Supply Dynamics: Bitcoin’s fixed supply and upcoming halving events inherently create scarcity, which can drive up demand. Macroeconomic Climate: Global economic uncertainties often position Bitcoin as a digital safe haven, attracting new capital. This collective momentum helps to explain the swift upward movement we are witnessing in the BTC market . Navigating the Current Bitcoin Trading Landscape For those engaged in Bitcoin trading , the current price action presents both opportunities and challenges. While a significant price increase can lead to substantial gains, it also often brings increased volatility. Understanding market sentiment and technical indicators becomes crucial. Investors should always conduct thorough research and consider their risk tolerance before making any decisions in a fast-moving market. The key is to remain informed and adaptable. As Bitcoin continues its climb, traders are closely watching for resistance levels and potential support zones. The breakthrough of $119,000 could establish a new psychological floor, potentially paving the way for further gains if buying pressure sustains. However, swift rallies can also lead to profit-taking, so vigilance is paramount. Key Considerations for Cryptocurrency News Followers Staying updated with reliable cryptocurrency news is vital, especially during periods of intense market movement. The digital asset space is highly dynamic, influenced by technological advancements, regulatory developments, and shifts in investor sentiment. While the current Bitcoin price surge is exciting, market participants should also be aware of potential downturns and corrections, which are a natural part of any financial market cycle. Actionable Insights for Investors: Diversify Your Portfolio: Do not put all your eggs in one basket. Set Realistic Goals: Understand that market fluctuations are normal. Practice Risk Management: Only invest what you can afford to lose. Stay Informed: Follow credible sources for the latest cryptocurrency news and analysis. The Road Ahead: What’s Next for Bitcoin? The current momentum suggests a strong underlying belief in Bitcoin’s value proposition. While predicting future price movements with certainty is impossible, the sustained interest from both retail and institutional investors paints a positive picture for the asset. This latest Bitcoin price surge solidifies its position as a leading digital asset and a significant player in the global financial landscape. As the market evolves, we can expect continued innovation and adoption, further shaping Bitcoin’s trajectory. In conclusion, Bitcoin’s impressive rise above $119,000 is a testament to its resilience and growing influence. This significant milestone underscores the dynamic nature of the BTC market and the increasing mainstream acceptance of digital currencies. As we move forward, the focus remains on understanding these market shifts and making informed decisions to navigate the exciting world of cryptocurrency. Frequently Asked Questions (FAQs) Q1: What does the Bitcoin price surge above $119,000 signify? A1: This surge signifies strong buying interest and growing confidence in Bitcoin as an asset. It often indicates that key resistance levels have been broken, potentially paving the way for further upward movement and attracting new investors to the BTC market . Q2: Is $119,000 an all-time high for Bitcoin? A2: While $119,000 is a significant milestone and a strong showing of the current crypto rally , it is not Bitcoin’s all-time high. Bitcoin has previously reached higher valuations. This level represents a strong recovery and renewed bullish sentiment. Q3: What are the risks associated with Bitcoin trading at such high levels? A3: High prices can lead to increased volatility and potential for sharp corrections as investors take profits. Risks include market manipulation, regulatory changes, and unforeseen economic events. Always approach Bitcoin trading with a clear understanding of these risks. Q4: How can I stay updated on the latest BTC market movements and cryptocurrency news? A4: To stay informed, follow reputable cryptocurrency news outlets, market analysis platforms, and trusted financial experts. Subscribing to newsletters and setting up price alerts can also help you keep track of the rapidly changing BTC market . Q5: Should I invest in Bitcoin now that its price has surged? A5: This article provides general market information and is not financial advice. Any investment decision should be based on your personal financial situation, risk tolerance, and thorough research. Consulting with a financial advisor is always recommended before making significant investments in volatile assets like Bitcoin. Did you find this article insightful? Share this vital update on the Bitcoin price surge with your friends and fellow crypto enthusiasts on social media to keep them informed about the latest developments in the digital asset world! To learn more about the latest Bitcoin price action trends, explore our article on key developments shaping Bitcoin market dynamics . This post Bitcoin Price Surge: BTC Rockets Above $119,000! first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin's valuation crossing $100,000 might have seemed absurd in the past. Harvard once deemed BTC falling to $100 more probable than reaching $100,000. Continue Reading: Harvard Embraces Bitcoin: Witness Their Remarkable Journey The post Harvard Embraces Bitcoin: Witness Their Remarkable Journey appeared first on COINTURK NEWS .
Ethereum’s Vitalik Buterin has returned to the billionaire ranks after Ether’s surge past $4,000, a milestone last seen in December 2024. Key Takeaways: Vitalik Buterin’s onchain portfolio has surpassed $1B as ETH rallies past $4,000. Traders eye a potential retest of ETH’s $4,878 all-time high. Ether ETFs are seeing stronger inflows than Bitcoin ETFs, signaling growing institutional interest in ETH. Blockchain intelligence firm Arkham reported on Saturday that Buterin’s onchain portfolio is now valued at around $1.04 billion, with 240,042 ETH as its core holding. The Ethereum mastermind also holds smaller allocations in tokens such as Aave Ethereum (AETHWETH), WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). Ether Surges to $4,332 After Breaking $4K Barrier Ether extended its rally over the weekend, climbing another 6.38% on Saturday to hit $4,332 after reclaiming the $4,000 mark on Friday. At press time, ETH is trading at $4,244. The price momentum has coincided with Bitcoin’s declining market dominance and renewed optimism from traders. Some, like crypto analyst Ted, believe a retest of the November 2021 all-time high of $4,878 is imminent, describing it as “just a matter of days now.” I told you that the $ETH breakout is coming. And it happened exactly as predicted. Ethereum has smashed through its resistance and is now heading higher. It feels like a new ATH is just a matter of days now. pic.twitter.com/XCxetoP0Ku — Ted (@TedPillows) August 9, 2025 Market data indicates that a move to $4,500 could trigger a significant short squeeze. CoinGlass estimates that around $1.35 billion worth of short positions could be liquidated if that level is reached. Arkham also pointed to an emerging shift in ETF flows favoring Ether over Bitcoin. On Friday, ETH-focused ETFs recorded $461 million in total flows, outpacing Bitcoin ETFs at $404 million. Over the last five trading sessions, US spot Ether ETFs have logged $326.6 million in net inflows, compared to $253.2 million for Bitcoin ETFs, according to Farside data. Buterin first entered the billionaire bracket in May 2021, when ETH crossed $3,000 for the first time. At the time, he held roughly 333,500 ETH, worth about $1.029 billion, after the asset had quadrupled from $700 at the start of that year. However, he disclosed in 2018 that he had never controlled more than 0.9% of the ETH supply and his net worth had “never came close” to $1 billion until that 2021 rally. Buterin Warns Against Risks Behind ETH Treasury Boom While ETH’s latest run has been bolstered by institutional inflows and corporate treasuries holding Ether, Buterin has voiced caution over the trend. In a recent interview, he warned that excessive leverage within ETH treasuries could pose long-term risks. “If you woke me up three years from now and told me that treasuries led to the downfall of ETH… my guess would basically be that somehow they turned it into an overleveraged game,” he said. Last week, BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, added 208,137 ETH to its growing crypto reserves , boosting its total holdings to 833,137 ETH, now worth over $3 billion. The move cements BitMine’s position as the top Ethereum-holding treasury firm and places it fourth among global crypto treasuries overall. The post Vitalik Buterin Back in Billionaire Club as ETH Tops $4K appeared first on Cryptonews .
Solana (SOL) has climbed 11.9% over the past week, reclaiming the $180 zone and signaling renewed bullish momentum. The rally comes as the DeFi-focused blockchain breaks out of key technical structures, raising the question of whether buyers have the strength to push SOL back toward its all-time high near $260 — and potentially beyond. A bullish “cup and handle” pattern, identified by crypto analyst Ali Martinez on August 9, now projects a potential move to $1,315 — a 630% surge from current levels. Solana $SOL targets $1,315 after breaking out of a textbook cup & handle pattern! pic.twitter.com/MmOcoNPwK2 — Ali (@ali_charts) August 9, 2025 This pattern began forming following SOL’s abrupt descent from its 2021 peak, bottoming at $8 in late 2022. Over the next year, prices steadily recovered, completing the rounded “cup” structure by mid-2024. The “handle,” a descending channel below $200, acted as consolidation before this week’s breakout. If Solana reaches the $1,315 target, its market cap could approach $710 billion, potentially overtaking Ethereum as the second-largest cryptocurrency should ETH see limited growth. The major resistance levels on the way up include $380, $752, and $1,048. Cup and Handle Signals Long-Term Upside The cup and handle is a widely recognized bullish chart formation in technical analysis. It reflects strong accumulation, a brief consolidation, and a breakout continuation. For SOL: Cup depth: $8 low to $200 high Handle: Descending channel under $200 Breakout trigger: Move above $200 on strong volume Targets: $380, $752, $1,048, and $1,315 Historically, such patterns can lead to extended rallies, but success hinges on sustained buying volume and broader market support. Solana (SOL/USD) Technical Outlook and Trade Setup On the 4-hour chart, Solana price prediction seems bearish. SOL faces a key downward trendline resistance intersecting at $186.22. The 50-period SMA at $169.71 has supported the rally from early August lows, with price printing higher lows inside an ascending structure. Solana Price Chart – Source: Tradingview RSI: 62.5, showing bullish momentum without overbought extremes MACD: Positive crossover above zero line, though histogram growth is modest Candlestick behavior: Small-bodied bars with upper wicks at resistance — profit-taking signs Trade setup: Bullish scenario: A confirmed daily close above $186 could open the way to $195.42 and $205.92, aligning with Fibonacci extensions. Bearish scenario: A rejection at $186 may see pullbacks toward $177.40 or $167.00, with the 50-SMA offering bounce potential. Risk management: Stops below $177 for breakout longs, or above $187 for short rejections. New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), built to supercharge the Bitcoin ecosystem with fast, low-cost smart contracts, dApps, and meme coin creation. By merging Bitcoin’s security with Solana’s performance, it unlocks powerful new use cases – all with seamless BTC bridging. The project is audited by Consult and built for scalability, simplicity, and trust. Investor interest is surging, with the presale already surpassing $8.1 million and only a small allocation remaining. HYPER tokens are currently available at just $0.0126, but that price is set to rise in the next 3 days. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post Solana Price Prediction: Will SOL’s 11.9% Weekly Momentum Carry It Towards All-Time Highs? appeared first on Cryptonews .
12 years since Satoshi contender's last Bitcoin message
BlackRock has made bold moves into bitcoin and ether ETFs, but on Friday the asset manager said it had no immediate plans to file for a spot XRP exchange-traded fund (ETF), dashing the community’s hopes that its entry could help extend XRP’s 2025 rally. This statement — made the day after the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly asked an appeals court to dismiss their respective appeals, signaling an end to their nearly five-year legal battle — has left investors questioning why BlackRock remains on the sidelines. While several asset managers, including ProShares, Grayscale, and Bitwise, have filed for XRP ETFs since late 2024, BlackRock’s absence is notable, especially given its dominance in the bitcoin and ether ETF markets. Here are five reasons why BlackRock appears in no hurry to launch a spot XRP ETF, despite the XRP community’s anticipation of a demand-driven price surge. First, BlackRock has cited limited client interest in cryptocurrencies beyond BTC and ETH. Back in March 2024, Robert Mitchnick, the asset manager's head of digital assets, said that there's a misconception that BlackRock will have a "long tail" of other crypto services. "I can say that for our client base, bitcoin is overwhelmingly the No. 1 focus and a little bit ethereum," he said during a fireside chat at the inaugural Bitcoin Investor Day conference in New York on March 22. Second, BlackRock’s strategic caution around regulatory uncertainty plays a role. Although XRP sales on public exchanges are deemed non-securities, the broader regulatory framework for altcoins remains murky. BlackRock may be waiting for clearer SEC guidelines before entering the altcoin ETF space. The firm’s conservative approach contrasts with competitors like ProShares, which filed for a spot XRP ETF in January 2025 alongside leveraged and futures-based XRP ETFs, the latter tracking XRP futures contracts rather than the token’s spot price. Third, BlackRock may see diminishing returns in pursuing a spot XRP ETF given the crowded field. As of August 2025, at least seven firms, including Grayscale, Franklin Templeton and 21Shares, have pending spot XRP ETF application Fourth, the XRP community’s expectations of a price surge may not align with BlackRock’s data-driven strategy. Polymarket odds for the SEC approving a spot XTP ETF in 2025 stand at 77%.BlackRock's firm’s tokenized money market fund on Ethereum and Solana shows blockchain interest, but XRP’s smaller market footprint may not justify the operational costs of a new ETF. Finally, BlackRock’s global perspective prioritizes markets where XRP demand is less pronounced. While the XRP community, active on platforms like X, anticipates a spot ETF driving demand, much of XRP’s trading volume comes from Asia, where BlackRock’s ETF presence is less dominant. At press time, XRP was trading around $3.1852, down 3.92% in the past 24 hours, according to CoinDesk Data.
Bitcoin is settling into a bullish cooldown phase after touching a record $123,000, according to a new analysis from Cryptoquant. Bull Score Dip Marks Cooling Phase for Bitcoin Bitcoin’s rapid climb has paused after hitting an all-time high of $123,000, entering what Cryptoquant’s Institutional Insights report calls a “bullish cooldown” phase. The firm’s Bull Score