BlackRock’s spot Ethereum ETF (ETHA) had one of its most turbulent weeks, with trading activity dominated by large-scale outflows before staging a sharp rebound. The world’s largest asset manager sold a total of $351.3 million worth of Ethereum ( ETH ), equivalent to about 84,000 ETH, across three sessions between August 18 and August 20, according to data from Coinglass . Ethereum ETF net inflow. Source: Coinglass The heaviest selling came on August 20, when BlackRock’s fund posted $257.8 million in redemptions, marking the single-largest daily outflow of the week. Earlier, on August 18, the ETF shed $87.2 million, followed by a smaller sell-off of $6.3 million on August 19. Despite the outsized outflows, momentum shifted later in the week. On August 21, BlackRock attracted $233.6 million in Ethereum inflows, followed by an additional $109.4 million on August 22. Across all issuers, Ethereum spot ETFs recorded net weekly outflows of $233.7 million. BlackRock’s activity dominated, with its $351 million in sales accounting for more than 85% of total redemptions during the sell-off days. Ethereum rallies to new highs Indeed, the renewed institutional interest contributed to Ethereum reaching new highs. The second-largest cryptocurrency by market cap notched another record, buoyed by optimism around ETF demand. The rally also gained support after Federal Reserve Chair Jerome Powell signaled the possibility of an interest rate cut, sparking a broad crypto market surge. Interestingly, over the past two months, Ethereum’s price has more than doubled, outpacing Bitcoin ( BTC ) as investors pour into exchange-traded funds. By press time, Ethereum was trading at $4,713, up 8.5% in the past 24 hours and nearly 6% higher on the week. ETH seven-day price chart. Source: Finbold Notably, Ethereum remains well above both its 50-day simple moving average ( SMA ) of $3,674 and 200-day SMA of $2,679. The alignment of short- and long-term averages confirms sustained bullish momentum. Meanwhile, the 14-day relative strength index ( RSI ) stands at 66.66, edging closer to the overbought threshold of 70. This suggests that while buying pressure is dominant, the asset is nearing levels where a short-term pullback could emerge. Featured image via Shutterstock The post BlackRock sold over $350 million of this cryptocurrency in a week appeared first on Finbold .
The highly anticipated Jackson Hole speech by Fed Chair Jerome Powell was met with massive enthusiasm by investors as they poured billions into the cryptocurrency market. Bitcoin jumped by over five grand from bottom to top, while some of the biggest altcoins rocketed to new all-time highs. BTC Soared to Over $117K The days leading to the event were quite grim, to say the least. Bitcoin opened the business week with an immediate price drop that drove it from over $118,000 to $115,000. Although the bulls tried to stage a quick recovery, BTC was stopped at $117,000 and driven south even harder to under $113,000 by Wednesday and Thursday. The landscape worsened on Friday, hours before the Jackson Hole event. BTC dived once more, this time to its lowest position since early July of under $111,700. As Powell took the stage, though, the situation started to change quickly. Although he didn’t confirm that there would be rate cuts in September, his statements were regarded as positive for future reductions, and BTC skyrocketed within minutes to over $117,000. It has lost some traction since then and now sits below $116,000; it’s still over 2% up on the day. Its market cap is above $2.3 trillion, but its dominance over the alts has taken another hit and is down to 56.5%. BTCUSD. Source: TradingView ETH, BNB to New ATHs Perhaps the most significant beneficiary of Powell’s speech from the larger-cap alts was Ethereum. The second-largest cryptocurrency had dipped below $4,200 earlier in the day but went on a massive roll, taking it to a new all-time high of roughly $4,900 (although CoinGecko hasn’t confirmed this, it occurred on most exchanges). Binance Coin is another alt that shot up and tapped a new peak of $900. SOL has gained 10%, ADA is up by 7%, DOGE by 9%, SIU by 9%, XLM by 5.5%, and AVAX has shipped by 9%. XRP has reclaimed a crucial resistance of $3.00. With most other altcoins charting notable gains, it’s no wonder that the total crypto market cap has added over $200 billion since yesterday’s low and is close to $4.1 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post New All-Time Highs for BNB and ETH as BTC Jumps After Powell Speech: Weekend Watch appeared first on CryptoPotato .
Fed ends 2020 inflation policy on August 22, 2025, signaling a return to pre-2020 strategies and tighter interest-rate posture. This pivot may increase short-term market volatility and reshape investor allocations,
According to breaking news, Binance is launching pre-market futures trading for the new Donald Trump-linked altcoin World Liberty Financial (WLFI). *This is not investment advice. Continue Reading: BREAKING: Binance Announces Futures Listing for New Altcoin Linked to Donald Trump
BINANCE Binance Futures Will Launch USD-Margined WLFIUSDT Perpetual Contract Pre-Market Trading (2025-08-23) 08:15:35-270 +1 $WLFI #WLFI
Ethereum reached a record high after Fed Chair Powell hinted at a rate cut. Institutional interest significantly contributed to Ethereum's rise this year. Continue Reading: Ethereum Surges after Fed Chair Signals Possible Rate Cut The post Ethereum Surges after Fed Chair Signals Possible Rate Cut appeared first on COINTURK NEWS .
BitcoinWorld Multiple Network (MTP): An Exciting Addition to Binance Alpha on August 25 Get ready for some exciting news in the crypto world! Binance Alpha, a specialized platform within the broader Binance Wallet ecosystem, is gearing up to add Multiple Network (MTP) to its roster of promising early-stage crypto projects. This significant event is scheduled for August 25, marking a crucial moment for the Multiple Network (MTP) project and its community. This addition highlights Binance Alpha’s commitment to showcasing innovative ventures, giving them a vital spotlight in the bustling digital asset space. What Exactly is Binance Alpha, and Why Does it Matter for Multiple Network (MTP)? Binance Alpha acts as a launchpad, specifically designed to feature nascent crypto projects that demonstrate strong potential. Think of it as a curated exhibition for the next big things in blockchain. This platform meticulously selects tokens based on rigorous criteria, including vibrant community engagement and alignment with emerging market trends. For a project like Multiple Network (MTP) , securing a spot on Alpha is more than just a listing; it is a powerful validation of its vision and technological promise. The exposure gained through Binance Alpha is invaluable. It provides projects with access to a vast audience of informed crypto enthusiasts and potential investors. Moreover, being featured on a platform associated with Binance, a global leader in cryptocurrency exchanges, significantly boosts a project’s credibility and visibility. This initial step can often be a game-changer for early-stage initiatives aiming for broader adoption. Understanding Multiple Network (MTP): What Does This Project Aim to Achieve? While specific details about Multiple Network (MTP) are often unveiled closer to the listing date, its name suggests an ambitious focus on interoperability and cross-chain solutions. In today’s fragmented blockchain landscape, projects that aim to connect different networks and facilitate seamless asset and data transfer are incredibly valuable. Such initiatives are crucial for the long-term scalability and utility of the decentralized ecosystem. A project like Multiple Network (MTP) likely seeks to overcome the challenges of isolated blockchains, paving the way for a more integrated and efficient Web3 experience. Its inclusion on Binance Alpha indicates that it has demonstrated a compelling use case and a robust development roadmap, capturing the attention of Binance’s expert analysts. This listing could signal a new era for interconnected blockchain applications. The Exciting Benefits of a Binance Alpha Listing for Multiple Network (MTP) The upcoming listing of Multiple Network (MTP) on Binance Alpha brings a host of compelling advantages. These benefits can significantly accelerate the project’s growth and community development: Enhanced Visibility: Multiple Network (MTP) will gain exposure to millions of Binance users globally, dramatically increasing its public profile. Community Growth: The listing will likely attract new investors, developers, and users, fostering a stronger and more active community around the project. Credibility Boost: Being vetted and featured by Binance Alpha lends immense credibility, signaling to the wider market that Multiple Network (MTP) is a project worth watching. Market Trend Validation: Alpha’s selection process ensures that listed projects align with current and future market trends, validating MTP’s relevance. This is truly a pivotal moment, offering Multiple Network (MTP) an unparalleled opportunity to shine and expand its reach within the competitive crypto market. Important Considerations: What Does the Multiple Network (MTP) Listing Not Guarantee? While the addition of Multiple Network (MTP) to Binance Alpha is undoubtedly positive, it is crucial for users and potential investors to understand the platform’s nature. According to an X post by Binance , being listed on Alpha does not automatically guarantee that a token will eventually appear on Binance’s main spot or futures trading platforms. This distinction is vital for managing expectations. Binance Alpha serves as an exploratory stage, a place for promising projects to gain initial traction. Therefore, individuals interested in Multiple Network (MTP) or any other Alpha-listed project should conduct their own thorough due diligence. Always research a project’s fundamentals, team, technology, and market potential before making any investment decisions. This prudent approach helps ensure you are well-informed. The upcoming listing of Multiple Network (MTP) on Binance Alpha on August 25 is a significant development for the project and the broader crypto community. It underscores Binance’s continuous effort to identify and showcase innovative, early-stage ventures. While this provides invaluable exposure and credibility, it is essential to remember the disclaimers regarding future listings on Binance’s main trading platforms. For those tracking emerging trends, Multiple Network (MTP) on Alpha represents a fascinating project to watch. Frequently Asked Questions (FAQs) Q1: What is Binance Alpha? Binance Alpha is a dedicated platform within the Binance Wallet ecosystem that showcases early-stage, innovative cryptocurrency projects selected based on community engagement and emerging market trends. Q2: When will Multiple Network (MTP) be added to Binance Alpha? Multiple Network (MTP) is scheduled to be added to Binance Alpha on August 25. Q3: Does an Alpha listing guarantee a spot on Binance’s main exchange? No, an Alpha listing does not guarantee that a token will appear on Binance spot or futures trading platforms. It is a separate showcase for early-stage projects. Q4: How does Binance Alpha select projects like Multiple Network (MTP)? Binance Alpha selects projects based on factors such as strong community engagement, alignment with emerging market trends, and the project’s overall potential. Q5: What are the potential benefits for Multiple Network (MTP) from this listing? The benefits include enhanced visibility, increased credibility, potential for community growth, and validation of its alignment with current market trends. If you found this article insightful, please consider sharing it with your network! Help others stay informed about the latest developments in the fast-paced world of cryptocurrencies. To learn more about the latest crypto listings trends, explore our article on key developments shaping emerging crypto projects market trends. This post Multiple Network (MTP): An Exciting Addition to Binance Alpha on August 25 first appeared on BitcoinWorld and is written by Editorial Team
CME XRP Futures open interest hit a record near 12 million XRP (~$9.02B), signaling rising institutional demand and stronger odds for a spot XRP ETF; short-term price weakness tested $2.8
Bitcoin is retesting a broken ascending trendline at $118.5K; a daily close above $118.5K would likely flip that level into support and target $121K–$123.2K, while failure to reclaim it risks