COINOTAG reports that on August 16th, Bitcoin Standard Treasury Co. (BSTR) is advancing its plans to go public via a merger with Cantor Equity Partners (CEPO). Currently, BSTR holds a
The SEC’s new initiative, “Project Crypto,” aims to establish the U.S. as the leading hub for digital assets, shifting most cryptocurrencies away from the securities classification. This regulatory overhaul could
Bitcoin (BTC) is currently trading at $117,837, having fallen by 0.4% since yesterday. A false breakout at the $117,394 support level suggests potential resistance testing in the near future. Bitcoin’s
In the past week, XRP lost around 6% of its value. Bitcoin and Ethereum outperformed XRP, showing significant increases. Continue Reading: XRP Investors Hope for Rebound After Recent Decline The post XRP Investors Hope for Rebound After Recent Decline appeared first on COINTURK NEWS .
Canary Capital CEO Steven McClurg told CNBC Crypto World that a $140,000-$150,000 range is possible for Bitcoin (BTC) by the end of the year, but a full-scale bear market could occur in 2026. McClurg stated that one of the main reasons for the rise in Bitcoin's price is strong institutional inflows into spot ETFs. He noted that large investment funds, as well as some sovereign wealth funds, pension funds, and insurance companies, have also shown interest in Bitcoin. McClurg also highlighted advances in crypto regulation in the US, stating that altcoin ETFs could launch next September or October thanks to the SEC's new “general listing standards.” He also described the passage of the stablecoin regulatory law as a turning point for the industry. Related News: New Document Submitted to Court in Ripple-SEC Case - What is the Latest Situation for XRP? McClurg said that Bitcoin could rise to $150,000 if the FED cuts interest rates, but added that increasing credit card, student loan and mortgage defaults would weaken consumer demand in the US economy and pave the way for a bear market in 2026. McClurg, who argued that they were cautious about Ethereum and that the technology was outdated, announced that they had applied for a spot ETF for Litecoin. “Litecoin has always been considered the silver of Bitcoin,” McClurg said. “Thanks to code updates and Ordinals integration, it's regaining its strength.” *This is not investment advice. Continue Reading: Canary Capital CEO Claims Bitcoin Will Reach This Point and Then Experience a Major Bear Market
Can rate of Bitcoin (BTC) return to $120,000 mark next week?
Crypto researcher SMQKE has shared images from a SWIFT-branded presentation, featuring Ripple and Stellar during a discussion of replacing traditional correspondent banking. The slides outline the current state of competition in the cross-border payments sector and the requirements for any system aiming to disrupt the traditional correspondent banking model. Content of the Slides The presentation begins by referencing the concept of “disruptive innovation,” attributed to the renowned Harvard Business School professor Clayton Christensen. It highlights that technology acts as an enabler, but that a new business model is the key driver of meaningful change. Examples include industries disrupted by companies that do not own the assets traditionally associated with their sector. The slides then address correspondent banking directly, stating that for any alternative to disrupt the model, it must achieve global reach across all countries and currencies, provide a viable Nostro/Vostro account alternative for settlement, gain regulatory support from authorities familiar with existing systems, justify implementation costs through measurable savings, and deliver superior service to customers. A separate slide outlines the high level of competition in cross-border payments through a network diagram. This includes both legacy providers and newer entrants. Ripple and Stellar are displayed alongside other companies and platforms, such as PayPal, TransferWise, Western Union, Ria, MoneyGram, Xoom, CurrencyFair, WorldRemit, Bitcoin , Payoneer, and Align Commerce. A vertical label on the slide reads “Correspondent Banking disintermediation,” suggesting that these competitors are part of a broader trend toward bypassing or streamlining traditional banking pathways. Ripple and Stellar featured in SWIFT presentation during discussion of replacing traditional correspondent banking pic.twitter.com/iZrZYOyuz4 — SMQKE (@SMQKEDQG) August 15, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Ripple and Stellar’s Placement Ripple and Stellar are positioned within the graphic as players offering faster and more direct alternatives for cross-border settlement . Their inclusion alongside both major remittance companies and digital payment providers indicates that the presentation views them as part of a competitive field that is already influencing the sector. However, the “not yet” assessment on full disruption shows that SWIFT considers the correspondent banking model still intact, even as competition grows. Commentary from Denis Samkov In a response to SMQKE’s post, an X user, Denis Samkov, interpreted the mention of Ripple and Stellar as evidence of an ongoing shift in payment systems. He cautioned that while the inclusion reflects change, entrenched banking practices remain resistant to rapid transformation. He also noted that despite current interest in stablecoins, traditional financial structures will not be replaced in the near term. The slides shared by SMQKE reveal that SWIFT acknowledges Ripple and Stellar as part of a competitive environment affecting cross-border payments. While the organisation does not yet classify correspondent banking as disrupted, it recognises that alternative networks are creating genuine competitive pressure. 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 SWIFT Features Ripple (XRP) and Stellar (XLM) As Banking Disruptors appeared first on Times Tabloid .
Ethereum’s growing market share is fueling debates over whether it could overtake Bitcoin in the next 12 months — a shift known as the “flippening.” With rising institutional interest and strong market performance, some see ETH as the best crypto to buy now for those betting on change at the top. Ethereum’s Rising Strength Against Bitcoin Ethereum’s market capitalization has reached around $580 billion, building steady gains since early August. Traders note ETH has broken above key resistance at $510 billion, with short-term targets near $800 billion and $1 trillion. This pace has outperformed Bitcoin’s percentage growth over the same period, making ETH a contender for the best crypto to buy now narrative. Analysts point to institutional accumulation, increasing DeFi adoption, and capital inflows from ETFs outpacing BTC as core drivers. According to Joseph Lubin, Ethereum’s co-founder, ETH could match Bitcoin’s market cap as soon as 2026. If ETH’s growth continues at even 1.5x BTC’s rate, the crossover could be closer than many expect. Notably, the Ethereum price needs to reach $25,000 to hit $3 trillion cap to overtake Bitcoin Bitcoin’s Market Position and Outlook Bitcoin’s market cap stands near $2.4 trillion, recovering from a period of sideways trading. A recent move above the mid-Bollinger Band and resistance at $2.35 trillion suggests renewed bullish control, but its growth rate is currently less aggressive than Ethereum’s. To maintain dominance, BTC must break resistance near $2.5 trillion, with targets at $2.65 trillion and $3 trillion. Holding above $2.3 trillion remains critical for stability. While Bitcoin’s status as “digital gold” is secure, investors seeking higher upside in the short-to-mid term are increasingly weighing ETH as the best crypto to buy now, given its faster rebound and broader utility in DeFi and staking ecosystems. With Bitcoin hitting $124,000 peak in August, futher upside will widen the gap between it and Ethereum, weakening its prospect of fliping BTC. An Altcoin With a Promising Outlook As the ETH vs BTC debate intensifies, new projects are also attracting attention. MAGACOIN FINANCE stands out as an altcoin with a promising outlook thanks to its active presale phase and strong positioning in the market. While the top two cryptocurrencies battle for dominance, MAGACOIN is carving its own space with features that appeal to both crypto enthusiasts and newcomers — putting it in conversations around the best crypto to buy now for diversified exposure. Conclusion Ethereum’s upward trajectory and growing adoption have reignited discussions about a possible flippening. Bitcoin still holds the lead, but ETH’s faster growth and expanding utility keep it in the race. At the same time, emerging projects like MAGACOIN FINANCE offer alternative opportunities for those looking beyond the top two digital assets. You can learn more about MAGACOIN FINANCE via the official website. Website: https://magacoinfinance.com Presale: https://magacoinfinance.com/presale X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Ethereum to Overtake Bitcoin by 2026? Analysts Debate the $15K ETH “Flippening” Prediction
Bitcoin (BTC) registered a sharp drop on Friday, falling from $119,150 to a low of $116,930 as the market rally continues to reverse. The flagship cryptocurrency lost momentum after surging past $124,000 to set a new all-time high, and has struggled to reclaim key levels in the face of substantial selling pressure. BTC is down 1.20% over the past 24 hours, trading around $117,600. Microstrategy Inc. Is Now Officially Strategy Inc. Strategy Inc. has announced that it has officially changed its legal name from Microstrategy Inc. to Strategy Inc. The change came into effect on August 11, 2025. The formal transition completes the firm’s rebranding initiative, first unveiled on February 5, 2025. It also establishes the company’s identity as the world’s first and largest Bitcoin treasury enterprise. However, Strategy confirmed that its corporate structure and CUSIP numbers remained the same, despite the name change. Its securities will also continue trading under their existing ticker symbols. Strategy also outlined its commitment to continue accumulating Bitcoin (BTC) as its primary treasury reserve asset using debt proceeds, equity, and operating cash flow. It also offers exposure to an array of digital assets using equity and fixed-income securities. Strategy also provides advanced AI-driven analytics software. Harrys Announces Bitcoin (BTC) Investment Harrys, a national cigarette company in Canada, has announced a Bitcoin investment, acquiring 0.1525593 BTC for an aggregate cash consideration of $25,000. The purchase makes Harrys the first publicly traded tobacco company to add BTC to its balance sheet. The company’s board of directors unanimously approved the purchase, believing that allocating a portion of the company’s treasury to Bitcoin purchases is an innovative step towards financial diversification and long-term value creation. The company has also opened a corporate cryptocurrency account with Bitbuy, a leading Canadian digital asset platform. The account was established by best practices for digital asset management and other notable crypto ventures, including an account with Bitbuy opened by WondeFi. Hive Posts $45 Million In Revenue Thanks To Bitcoin Mining Bitcoin miner Hive Digital Technologies posted its strongest quarterly performance to date, driven by a surge in Bitcoin production and a jump in mining efficiency. The company reported $48.8 million in digital currency mining revenue for the first quarter of the fiscal year 2026, ending on June 30. This marks a 44.9% sequential increase from the previous quarter. The revenue jump was due to a 47% rise in average hashrate, which rose from 5.9 EH/s in Q4 to 8.7 EH/s in Q1. This increase in average hashrate allowed Hive to mine 406 BTC , a 34% rise quarter-over-quarter despite a 10.2% increase in network difficulty. Aydin Kilic, President and CEO of Hive, stated, “This was a phenomenal quarter. We’re now producing 7.5 Bitcoin daily with over 15 EH/s, and we’re on track to reach 25 EH/s by Thanksgiving, cementing HIVE among the world’s largest bitcoin miners.” Hive’s total revenue for the quarter clocked $45.6 million, with mining accounting for nearly 90%. Gross operating margins also improved, rising from 28.2% in the previous quarter to 34.7%. Bitcoin (BTC) Price Analysis Bitcoin (BTC) is struggling to recover after Thursday’s drop. The flagship cryptocurrency surged to a new all-time high on Thursday, crossing $124,000 and reaching $124,553. However, it lost momentum almost immediately thanks to macroeconomic headwinds, falling over 4% to slip below $120,000 to $118,389. Sellers retained control on Friday as the price fell nearly 1% to $117,436. However, BTC has made a marginal recovery during the ongoing session. An analysis of Bitcoin perpetual futures long-short ratio has revealed a shift in investor sentiment in the derivatives market, with bearish positions dominating across major exchanges. Data from the past 24 hours shows that short positions have an edge over long positions. Short positions are at 51.8% while long positions account for 48.51%. This indicates that traders are betting on a potential decline in BTC’s price and a pessimistic market outlook. Individual exchange data provides a more detailed picture, with Binance having 51.38% of positions being short and 48.62% long. Bybit has a stronger bearish bias, with short positions at 53.89% and long positions at 46.11%. Long and short ratios are crucial for traders as they offer insight into market sentiment and potential price movements. More short positions indicate a higher probability of downward price pressure. BTC started the previous week in positive territory, rising 0.73% to cross $115,000 and settle at $115,051. However, it lost momentum on Tuesday, falling 0.82% to a low of $112,622 before settling at $114,112. Buyers returned to the market on Wednesday as BTC rose 0.80% to reclaim $115,000 and settle at $115,028. Bullish sentiment intensified on Thursday as the price rallied, rising over 2% to cross $117,000 and settle at $117,515. Despite the positive sentiment, BTC was back in the red on Friday, dropping 0.71% to $116,683. The price registered a marginal decline on Saturday before rebounding on Sunday, rising 2.42% to cross $119,000 and settle at $119,309. Source: TradingView BTC reached an intraday high of $122,319 on Monday, to start the week on a bullish note. However, it lost momentum after reaching this level and dropped to $118,701, ultimately falling 0.51%. The price recovered on Tuesday, rising 1.19% to reclaim $120 and settle at $120.113. Bullish sentiment intensified on Wednesday as BTC rose nearly 3% to cross $123,000 and settle at $123,365. The flagship cryptocurrency surged to a new all-time high on Thursday, reaching $124,533. However, it lost momentum and plunged below $120,000 to settle at $118,389, ultimately dropping over 4%. Sellers retained control on Friday as the price fell 0.80% to $117,436. The current session sees BTC marginally up, trading around $117,730. 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.
BitMine has acquired 28,650 ETH, raising its total holdings to over 3% of Ethereum’s circulating supply. This strategic move, led by CEO Tom Lee, signals increased institutional interest in Ethereum.