Former Coinbase CTO Balaji Srinivasan has stated that the rise of Bitcoin is likely to make it the primary store of value in the near future.
XRP Jumps 40% as ETF Hopes and EU Policy Shift Grow — Quid Miner Cloud Mining Turns Market Heat Into Daily Cash Flow XRP has surged nearly 40% this month, fueled by growing ETF expectations and rising demand in cross-border payments. The U.S. CLARITY Act and Europe’s MiCA framework have now taken effect, creating a clearer regulatory landscape, while Germany’s BaFin is opening the door for institutional crypto allocations. Bitcoin is also benefitting: spot BTC ETFs have seen over $50 billion in net inflows, and 401(k) retirement accounts are starting to add crypto exposure. For everyday investors, however, volatility remains a challenge. More are looking for ways to capture crypto upside without late-night trading or constant market stress. That’s where Quid Miner comes in. Quid Miner: Cloud Mining Made Simple Founded in the UK in 2010, Quid Miner launched its mobile cloud mining platform in 2018. Now serving users in 180+ countries, the company allows anyone with a smartphone to mine leading assets such as BTC, XRP, ETH, DOGE, and USDT — no rigs, no coding, no technical barriers. At the core is an AI power allocation system that works like a smart financial advisor: automatically shifting computing power across coins and pools to convert market swings into predictable daily payouts. Why Investors Choose Quid Miner 1.AI Optimization — Maximizes returns by balancing across pools and assets 2.Multi-Coin Support — Mine BTC, XRP, ETH, DOGE, USDT and more from one account 3.Security First — McAfee® and Cloudflare® protections safeguard funds and data 4.Green Energy — Global data centers powered by renewable energy, aligned with ESG principles 5.User Rewards — New sign-ups receive $15 in free mining credits; daily earnings settle automatically Three steps to start cloud mining with Quid Miner 1.Registe r — Visit quidminer.com and claim $15 in free hashpower. 2.Choose a Plan — Flexible contracts pegged to USD, covering major coins like BTC and XRP. 3.Start Mining — The system runs 24/7; daily income is credited to your account. Withdraw once you hit $100 or reinvest for compounding growth. Global Reach and Sustainable Growth With high-performance facilities in the U.S., Canada, the UAE, and Kazakhstan, Quid Miner combines stability with sustainability by using renewable energy and advanced cooling systems. Over a decade of experience has earned the trust of both retail and institutional investors. The Bottom Line As XRP gains traction in global payments and Bitcoin cements its role as “digital gold,” investors are demanding compliant, reliable income streams. Quid Miner delivers exactly that: a hands-off, mobile-first platform that transforms crypto market momentum into daily, predictable cash flow. Email: info@quidminer.org Official Website: https://www.quidminer.com/ APP download: Click to download the mobile app for Android or Apple Join the future of digital wealth — effortless, transparent, and built for your lifestyle. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post XRP News Focus: Quid Miner Launches New Cloud Mining Contract for Passive Income appeared first on Times Tabloid .
ChatGPT’s Bitcoin analysis has revealed that Bitcoin has fallen to $108,769 with a -1.22% decline after breaking below the crucial $110K support . At the same time, Bitcoin is trading below all major EMAs, creating a comprehensive bearish structure while testing key support in the $108.5K – $105K range. ChatGPT’s Bitcoin analysis synthesizes 24 real-time technical indicators to assess BTC’s trajectory as it navigates the potential for an oversold bounce versus a deeper correction acceleration. Technical Analysis: Bearish Breakdown Below All EMA Support Bitcoin’s current price of $108,769.65 reflects a 1.22% decline from the opening price of $110,115.36 , establishing a volatile trading range between $111,505.00 (high) and $108,500.27 (low). The 2.8% intraday range indicates strong volatility following the breakdown of the key $110,000 support. Source: TradingView The RSI at 34.50 enters oversold territory, providing potential bounce conditions for contrarian positioning despite bearish momentum. Moving averages reveal comprehensive bearish positioning, with Bitcoin trading below all major EMAs: the 20-day at $111,415 ( +2.4% ), the 50-day at $112,540 ( +3.4% ), the 100-day at $113,908 ( +4.5% ), and the 200-day at $114,725 ( +5.2% ). Additionally, the MACD displays an extremely bearish structure at -199.85, which is well below zero, with the signal line at -562.17 and a negative histogram at -362.32 . Source: TradingView Volume analysis shows concerningly low activity at 1.3K BTC. ATR maintains extremely high readings at 115,009.98 , indicating strong potential for continued substantial moves based on support test outcomes and institutional positioning. Market Context: Institutional Distribution Creates Systematic Pressure Bitcoin’s breakdown follows reports of systematic institutional selling with BlackRock reportedly “ selling millions of BTC right now .” At the same time, exchange manipulation concerns emerge as “ Binance futures down: BTC went up, Binance futures came back: BTC went down .” Binance futures down: $BTC went up Binance futures came back: $BTC went down. Coincidence? I don't think so. pic.twitter.com/x6tEYmFVP2 — Ted (@TedPillows) August 29, 2025 This systematic pressure creates sustained selling momentum beyond normal market dynamics. The broader institutional context reveals distribution patterns, with major holders reducing their positions as Bitcoin approaches monthly options expiry, totaling $15 billion . Market participants note “massive transfers: millions in BTC flooding into Wintermute,” suggesting a coordinated institutional positioning during periods of weakness. The Trump family’s involvement in crypto provides mixed signs, with Eric Trump promoting Bitcoin adoption while institutional selling pressure persists. BREAKING: BINANCE IS DUMPING MILLIONS OF $ETH AND $BTC AGAIN. WHAT IS GOING ON?? pic.twitter.com/Deh9Hl6MdX — ᴛʀᴀᴄᴇʀ (@DeFiTracer) August 29, 2025 The 2025 trajectory shows vulnerability from July’s $115,758 peak to the current $108K breakdown, representing a 7% decline from recent highs. Current positioning tests key support levels that historically provided major trend support during previous correction phases. Altcoin Treasury Rotation Pressures Bitcoin Dominance Bitcoin’s weakness coincides with major institutional capital rotation toward altcoin treasuries, as identified by NoOnes CEO Ray Youssef. He observes that “ major firms and even corporations like Trump Media are now treating blue-chip altcoins such as ETH, SOL, BNB, and CRO as treasury-grade reserve assets. “ Youssef notes the institutional shift, stating that “ Bitcoin dominance has declined decisively over the last month and already slipped below 58% as over 45 altcoins outperformed BTC in the last 90 days. ” This rotation represents systematic reallocation as “ billions of dollars are being allocated and reallocated into these treasuries. “ The altcoin treasury trend particularly benefits Solana, where “over $800 million is already parked in corporate SOL treasuries.” Youssef suggests that “ if its trajectory mirrors that of Ethereum’s from earlier this year, Solana treasuries could explode into tens of billions. “ Market Fundamentals: Declining Metrics Amid Distribution Pressure Bitcoin maintains a substantial market cap of $2.16 trillion despite a 4.23% decline during institutional distribution phases. The market cap decline is accompanied by increased volume at $69.98 billion ( +11.9% ), indicating active institutional repositioning during breakdown phases. The 3.3% volume-to-market cap ratio suggests measured trading activity relative to market cap during distribution events. Source: TradingView The circulating supply of 19.91 million BTC represents 94.8% of the maximum 21 million supply, with approaching scarcity providing long-term support despite short-term distribution pressures. Market dominance of 56.72% ( +1.42% ) demonstrates Bitcoin’s relative strength during crypto market weakness, while the 13.01% distance from the August 14 all-time high of $124,457 represents a strong correction territory requiring support defense for trend continuation. Current pricing maintains extraordinary gains of 222,552,915% from 2010 lows while testing key support levels, validating Bitcoin’s long-term trajectory despite institutional distribution pressure affecting short-term positioning and technical structure integrity. Social Sentiment: Bearish Sentiment Amid Distribution Concerns LunarCrush data reveals a decline in social performance, with Bitcoin’s AltRank falling to 394 during periods of institutional selling pressure. The Galaxy Score of 49 ( -8 ) reflects a deteriorating sentiment as participants process the breakdown implications and concerns about manipulation. Engagement metrics show reduced activity, with 79.29 million total engagements ( -16.35M ) while mentions increase to 237.82K ( +85.21K ), demonstrating heightened attention during breakdown events. Social dominance of 16.9% maintains visibility while sentiment registers at 76% positive despite technical deterioration. Major developments include former Coinbase CTO Balaji Srinivasan’s commentary, “ when Bitcoin wins, it can win very fast ,” which contrasts with the current weakness. NEW: Former Coinbase CTO Balaji Srinivasan says, “When #Bitcoin wins, it can win very fast.” “So HODL” pic.twitter.com/PSMuZnNbXL — Bitcoin Magazine (@BitcoinMagazine) August 29, 2025 Prominent analysts identify key support testing, with some noting that “if BTC can’t hold this level, the next stop is $104,000.” In contrast, others maintain that “holding and staying bullish” is the approach during fear-driven sentiment shifts, creating mixed positioning signs. ChatGPT’s Bitcoin Analysis: Critical Support Defense Required ChatGPT’s Bitcoin analysis reveals that Bitcoin is in a key support testing phase following a breakdown below the $110K support. Immediate support emerges at today’s low around $108,500 , followed by major support in the $105,000 – $108,000 range. Source: TradingView Key support exists at $99,268 in the blue zone, while resistance begins at the 20-day EMA ( $111,415 ), requiring a reclaim to invalidate the bearish structure. The technical setup suggests that key support defense is required for trend continuation, with institutional distribution pressure creating systematic selling beyond normal correction dynamics. Three-Month Bitcoin Price Forecast: Support Defense Scenarios Oversold Bounce Recovery (35% Probability) A successful defense of $108.5K support, combined with an oversold RSI bounce, could drive Bitcoin toward $112K – $115K , representing a 3 – 6% upside from current levels. Source: TradingView This scenario requires completion of institutional distribution and confirmation of volume. Extended Correction (40% Probability) Breaking below the $108.5K support level could trigger selling pressure toward the $105K – $99K range, representing a 3 – 9% downside. Source: TradingView This scenario reflects continued institutional pressure for distribution and manipulation, requiring a major defense of support. Deeper Capitulation (25% Probability) Failure to hold $105K could trigger capitulation toward $95K – $100K historical support, representing 12 – 15% downside. Source: TradingView Recovery would depend on the completion of institutional distribution and validation of an oversold bounce. ChatGPT’s Bitcoin Analysis: Distribution Pressure Meets Oversold Conditions ChatGPT’s Bitcoin analysis reveals that Bitcoin is facing a key support test amid institutional distribution pressure and manipulation concerns. The breakdown below $110K, combined with an oversold RSI, creates conflicting signs that require support defense validation for trend continuation. Next Price Target: $105K-$112K Within 90 Days The immediate trajectory requires a decisive defense of the $108.5K support to validate oversold bounce potential amid continued distribution pressure. From there, institutional selling completion could propel Bitcoin toward $112K resistance, with sustained support holding driving toward $115K + recovery levels. However, failure to hold $108.5K would indicate a deeper correction to $105K – $99K range, creating an optimal accumulation opportunity before the next institutional wave drives Bitcoin toward new cycle highs above $125K as distribution phases complete. The post ChatGPT’s Bitcoin Analysis Flags $108K Breakdown – Can Support Hold at $105K? appeared first on Cryptonews .
The cryptocurrency fell to $108K after the “de minimis” exemption ended on Friday and core inflation came in at 2.9%. BTC Buckles Under Dual Pressure of Increasing Inflation and Trade Tensions Both crypto and stock markets bled on Friday after core inflation came in at 2.9% and the “de minimis” exemption, which waives tariffs on
BitcoinWorld Urgent: Bitcoin Price Drop Below $108,000 Shakes Crypto Market The cryptocurrency world is abuzz as Bitcoin, the leading digital asset, has experienced a sudden and significant Bitcoin price drop , falling below the crucial $108,000 mark. According to recent market monitoring, BTC is currently trading around $107,988.2 on the Binance USDT market. This unexpected dip has certainly caught the attention of investors and enthusiasts alike, prompting questions about market stability and future movements. Understanding the forces behind such fluctuations is vital for anyone navigating the dynamic crypto landscape. What Triggered This Sudden Bitcoin Price Drop? While the immediate trigger for this specific fall below $108,000 was observed on platforms like Binance, several underlying factors often contribute to a significant Bitcoin price drop . Cryptocurrency markets are highly sensitive to a variety of influences, both internal and external. Market Sentiment: Negative news, whether real or speculative, can quickly shift investor sentiment, leading to sell-offs. Macroeconomic Factors: Broader economic trends, such as inflation concerns, interest rate changes, or geopolitical events, frequently impact risk assets like Bitcoin. Whale Movements: Large holders, often called “whales,” can significantly influence prices by executing massive buy or sell orders. Profit-Taking: After periods of rapid gains, some investors naturally choose to sell off their holdings to realize profits, causing a temporary dip. Regulatory Scrutiny: Announcements or rumors of new regulations in major markets can create uncertainty and pressure prices downwards. Understanding Market Volatility: Is This Bitcoin Price Drop a Cause for Alarm? For those new to the crypto space, a sharp Bitcoin price drop can feel alarming. However, experienced investors understand that volatility is an inherent characteristic of the cryptocurrency market. Bitcoin has a history of significant price swings, often recovering strongly after periods of decline. It’s important to distinguish between a temporary market correction and a long-term bearish trend. Many analysts view such dips as healthy market adjustments, allowing for price consolidation before potential future growth. Bitcoin’s underlying technology and adoption continue to evolve, suggesting resilience despite short-term fluctuations. Navigating the Dip: Crucial Insights for Investors When faced with a significant Bitcoin price drop , making informed decisions is paramount. Panic selling often leads to losses, while a strategic approach can turn volatility into an opportunity. Here are some actionable insights: Do Your Own Research (DYOR): Always investigate the underlying reasons for market movements. Don’t rely solely on headlines. Avoid Emotional Decisions: Crypto markets can be emotional. Stick to your investment strategy and avoid impulsive actions based on fear or greed. Consider Dollar-Cost Averaging (DCA): Instead of investing a lump sum, consider investing a fixed amount regularly. This strategy helps mitigate risk during volatile periods. Long-Term Perspective: Many successful Bitcoin investors advocate for a long-term “hodling” strategy, focusing on Bitcoin’s potential over years rather than days. Risk Management: Only invest what you can afford to lose. Setting stop-loss orders can also help limit potential losses. The Broader Impact: How Does This Affect the Crypto Ecosystem? A notable Bitcoin price drop inevitably sends ripples across the entire cryptocurrency ecosystem. As the market leader, Bitcoin’s movements often dictate the direction of altcoins. When BTC experiences a significant dip, it’s common to see most altcoins follow suit, often with even greater percentage losses due to their higher volatility. However, this also presents opportunities. A market correction can “shake out” weaker projects, leaving stronger, more resilient ones to thrive. Investor sentiment might become cautious in the short term, but fundamental developments in blockchain technology and increasing institutional adoption continue to drive the long-term narrative for the entire crypto space. The recent Bitcoin price drop below $108,000 serves as a powerful reminder of the dynamic and often unpredictable nature of the cryptocurrency market. While such movements can be unsettling, they are a normal part of Bitcoin’s journey. By staying informed, practicing sound risk management, and maintaining a long-term perspective, investors can navigate these periods with greater confidence. Remember, understanding the ‘why’ behind the ‘what’ is key to becoming a resilient crypto participant. Frequently Asked Questions (FAQs) Q1: What does a Bitcoin price drop mean for my investments? A1: A Bitcoin price drop can mean a temporary decrease in the value of your holdings. For long-term investors, it might be a moment to re-evaluate or consider dollar-cost averaging. For short-term traders, it could trigger stop-loss orders or present new trading opportunities. Q2: Is now a good time to buy BTC after this dip? A2: Deciding when to buy is a personal choice based on your financial situation and risk tolerance. Many investors see dips as potential buying opportunities, but it’s crucial to conduct your own research (DYOR) and consider your long-term strategy before making any investment decisions. Q3: What factors typically influence Bitcoin’s price? A3: Bitcoin’s price is influenced by a multitude of factors including market demand and supply, macroeconomic conditions, regulatory news, technological developments, institutional adoption, and overall market sentiment. Q4: How can I protect my crypto investments during volatility? A4: To protect your investments, consider strategies like diversification, setting stop-loss orders, avoiding over-leveraging, and maintaining a long-term perspective. Dollar-cost averaging can also reduce risk during volatile periods. Q5: Is this a temporary setback or a long-term trend for Bitcoin? A5: It’s challenging to predict with certainty. Historically, Bitcoin has experienced numerous significant dips that were followed by strong recoveries. While any Bitcoin price drop can feel impactful, assessing whether it’s a temporary setback or a long-term trend requires careful analysis of broader market and economic indicators. Did you find this analysis helpful in understanding the recent Bitcoin price drop? Share this article with your friends and fellow crypto enthusiasts to help them stay informed about market dynamics! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Urgent: Bitcoin Price Drop Below $108,000 Shakes Crypto Market first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin dropped below $108,000 on Friday, and the rest of the crypto market followed. Will $100,000 be BTC's next stop?
Bitcoin price is testing critical support near $110,000 as trendline pressure and slowing cycle momentum raise the odds of a short-term correction; analysts say a break could push BTC toward
Bitcoin whale swaps BTC for ETH: a holder deposited 2,000 BTC (~$216 million) to Hyperliquid and systematically sold into Ethereum, acquiring more than 42,750 ETH in small batches before moving
A wealthy Bitcoin holder is exchanging some of their long-held gains for Ethereum, swapping $216 million worth of BTC for ETH on Friday.
Japan-based mobile gaming company Gumi announced that it will purchase 25 billion yen (approximately $17 million) worth of XRP as part of its growth strategy in the blockchain and Web3 space. The company's board of directors announced the decision today. The acquisitions are planned to take place between September 2025 and February 2026. Gumi argued that the XRP purchase wasn't intended solely to capitalize on price appreciation, but rather as a step toward gaining a strategic position in international payment and liquidity networks. The company states that this move will increase revenue opportunities in blockchain-focused financial activities. Related News: $5 Billion Bitcoin Whale Makes New Move: But This Time, It Didn't Buy BTC The statement noted that SBI Holdings, Gumi's largest shareholder, has positioned XRP at the center of its global money transfer and liquidity network strategy, making it a “high strategic fit” for Gumi. Gumi also announced that it purchased 10 billion yen (approximately $6 million) worth of Bitcoin (BTC) in the first half of 2025 and invested these assets in staking protocols like Babylon. The company plans to pursue a dual-pronged digital asset strategy, positioning BTC as a “global universal asset” and XRP as a “financial demand-driven network asset.” Drawing attention to the increasing usage areas of XRP, Gumi said that the growth of real demand, especially in financial infrastructures such as international money transfer and liquidity provision, makes XRP a strong investment tool in the medium and long term. The company announced that it will conduct a quarterly valuation of its cryptocurrencies and will disclose this to the public if there is a significant financial impact. As an interesting detail, it is known that Gumi and Ripple jointly invested in the biometric authentication startup Keyless in 2019. *This is not investment advice. Continue Reading: Japanese Giant Company Makes Surprise Ripple (XRP) Purchase Move – Here Are the Details