The company behind Ethereum network Xai claims confusion about the brands and controversies like Grok’s recent MechaHitler meltdown have inflicted immense harm on their brand.
COINOTAG News reported on August 23, citing Mlm Monitor, that a large Bitcoin whale moved 4,000 BTC (approximately $460 million) to a new wallet and later deposited 2,520 BTC (around
Summary COIN's Q2 2025 earnings likely benefited from crypto price volatility and expanding derivatives operations. Looking ahead, I believe the bulls overstated the benefits from recent policy shifts, including a US Bitcoin reserve and 401(k) crypto access. These developments offer both significant opportunities and also potential headwinds for Coinbase. While these policies could boost institutional legitimacy and customer base, they may also reduce volatility, dampen trading activity, and increase competition. COIN Stock: Q2 2025 earnings report Coinbase Global, Inc.'s ( COIN ) recently released its Q2 2025 earnings report [ER]. As a popular crypto stock on the Seeking Alpha platform, the ER has been reviewed by several other authors shortly. As such, in this article, I will focus only on one aspect that is less often mentioned. I will comment on the impact of the recent policy shifts, with the most notable ones being the potential for the establishment of a US cryptocurrency reserve and also President Donald Trump's recent executive order regarding 401(k) funds. These developments are interpreted as a net positive for the stock judging by the lasting rating on the stock (see the chart below). This article will explain why the impacts are unlikely to be all positive and can present both opportunities and challenges for COIN going forward. These considerations create large EPS uncertainties. Together with some valuation risks, I see no obvious bias in its risk/reward ratio and rate the stock as a hold. Seeking Alpha Let me start with a quick recap for its Q2 ER in case there are readers unfamiliar with the numbers yet. Coinbase recorded strong second-quarter results, as you can see from the sales metrics below. Total revenues came in at $1.42 billion (a 2.9% increase YOY), and subscription and service revenues reached $656 million, towards the higher end of the guidance range. I believe the main drivers in the past quarters have elevated cryptocurrency trading volumes amid crypto price volatility. The business also begins to reap the rewards from its growing derivatives operations, in my assessment. Against this backdrop, next I will detail my thoughts on the potential impact of the recent policy shifts. COIN Q2 ER COIN Stock: a closer look at its business Looking further into the financials, Consumer Trading keeps generating the bulk of its revenues. As you can see from the following sales breakdown, net Consumer Trading Revenues came in at almost $650 million for the quarter, dwarfing net institutional trading revenues of $60.8 million by more than 10 folds. In terms of specific trading volumes, bitcoin trading volume keeps playing a dominating role, as you can see from the statistic provided in the second chart below. In Q2 2025, bitcoin trading volume represents 30% of the total trading volume, about double the second place (Ethereum at 15%). With this understanding of its revenue mix and trading activities, next I will explain the potential challenges and opportunities I see from the recent policy shifts in its operations. COIN Q2 ER COIN Q2 ER COIN Stock: potential policy shifts Judging by recent developments, the cryptocurrency market continues to mature. Two notable examples are the potential for the establishment of a US cryptocurrency reserve and also President Trump's recent executive order regarding 401(k) funds. On the first catalyst, an executive order issued in March 2025 stated the creation of a US Strategic Bitcoin Reserve with “bitcoins forfeited from criminal or civil asset forfeitures.” These assessments were held by the Department of Treasury, and its Secretary Scott Bessent recently announced the potential of his department to add to this reserve (see his post below). Scott Bessent The second catalyst could have an even larger and more profound impact for the long term. President Trump recently (in early August) also signed an executive order to “democratizes access to alternative assets for 401(k) investors.” Bitcoins—and various funds and derivatives based on them - could be included in these alternative assets. This could open a vast consumer and institutional base for these assets. For example, recent statistics show that more than 70 million Americans participate in 401(k) saving plans or other similar plans, with a total balance of ~$9 trillion currently sitting in these plans. The establishment of a strategic Bitcoin reserve and the 401(k) access could lead to progress of legislation in Congress. This potential of policy shifts certainly can have positive impacts on COIN’s operation. For example, I expect these shifts to grant cryptocurrency institutional legitimacy and thus help COIN grow its institutional customer base. I also expect these shifts to help bolster Coinbase’s crypto derivatives platform. The company is in the process of acquiring Deribit, a global leader in crypto options. The acquisition is expected to close by the end of 2025 and should expand COIN’s derivatives product suite and global footprint substantially (see the chart below). COIN Q2 ER Other risks and final thoughts However, I do not believe the impacts to be all positive. I see plenty of headwinds from these potential policy shifts as well for COIN’s operation. To start, with the regulation clarity and entry of institutional participants, I foresee muted price volatility going forward both for bitcoins and other crypto currencies. In my experience, trading activities (especially those from retail investors) tend to correlate with price volatility. When/if price volatility decreases, I thus expect to see reducing trading activities, which could counterbalance the expanded customer base and bring about the same regulatory clarity. Regulatory clarity also tends to invite more competition and could pressure the transaction fees that COIN can charge. If history is of guidance, when I shopped for a stock trading platform for my first investment account (about 20 years ago), they all charged hefty trading fees. Today, all the platforms I use charge no fee at all. Another risk worth noting is cost, which has been increasing due to its expansion efforts. In the meantime, as seen in the table below, transaction expenses have been increasing as well. In Q2, transaction expenses represented 17% of the net revenue, compared to 15% a quarter ago and 14% a year ago. COIN Q2 ER These secular and operation uncertainties can eventually lead to large EPS uncertainties. As a reflection, there is a large variance in its EPS estimates among the consensus ahead, despite the upbeat guidance just mentioned. To quote a few numbers, for full year 2025, COIN’s EPS is projected to be $7.88 at the midpoint estimate, implying a quite pricy P/E of 38x. Also note that the large variance is away from the midpoint estimate, with a low of $6.36 to a high of $8.99, a variance of more than 40%. The variance becomes even more dramatic (more than 4-fold) for the next year of 2026. To recap, this article mainly focused on the business update of COIN as provided in its Q2 ER and the potential impacts from recent policy shifts. The most notable shifts in my view are a potential US cryptocurrency reserve and the changes to retirement funds. I believe the bulls are underestimating the headwinds these developments can cause, and I see both opportunities and challenges. Together with my consideration of the valuation risks, I do not see a skewed risk/reward ratio for the stock under current conditions. Source: Seeking Alpha data
COINOTAG News reported on August 23 that US-listed Ethereum reserve company ETHZilla (formerly 180 Life Sciences) has amended and restated a sales agreement with Clear Street LLC, electing to periodically
XRP jumped above $3 after the Ripple SEC lawsuit officially closed and bullish RLUSD adoption news; the move combined legal certainty, a Bullish stablecoin settlement and an SBI MOU, driving
In a market fueled by hype, BlockDAG is pursuing a very different path. Most Layer 1 projects chase headlines with aggressive promotions, quick exchange listings, and flashy partnerships. BlockDAG (BDAG) , instead, has built momentum quietly, pulling in over $380M in presale funds, onboarding 2.5M mobile miners, and attracting more than 4,500 developers before mainnet is even live. The real question is not about its marketing power but whether this understated approach can help it reach the ranks of the top 50 cryptocurrencies . A Disciplined Route to Presale Success BlockDAG’s presale strategy has been unusually controlled. At Batch 29 pricing of $0.0276, it is already more than halfway toward its $600M goal. By contrast, most 2025 presales have struggled to raise even modest eight-figure sums. Crossing into nine figures without an exchange listing is more than scale; it reflects investor trust rarely seen in presales. Institutional wallets are also joining the mix, a sign that interest is extending beyond retail speculation. The pace recalls the early plays of Kaspa and Avalanche, which built infrastructure first and visibility later. For BlockDAG, the presale itself has become a test: how much capital and community can be secured before launch? So far, the numbers show confidence at scale. Behind the quiet exterior, development is intense. Over 300 decentralized applications are already being built, made easier by EVM compatibility that lets Ethereum-based projects migrate without friction. On the technical side, BlockDAG’s hybrid Proof-of-Work and Directed Acyclic Graph (DAG) model is designed for scale, reportedly processing 10 blocks per second, outpacing several established Layer 1s. By the time mainnet arrives, BlockDAG won’t start from scratch. It will already have miners, developers, and millions of users engaged, a rare setup that could help stabilize liquidity and reduce the volatility new projects usually face. Why Analysts Believe Top 50 Is Possible Getting into the top 50 cryptocurrencies is about more than attention, it requires market cap, liquidity, and staying power. Analysts highlight three key drivers for BlockDAG. First, if BDAG lists at $0.05 as planned and adoption continues, the project could secure a market cap in the billion-dollar range. Second, the presale has already built a wide base of holders with vested interest, spreading liquidity across thousands of wallets. Third, the psychology of BlockDAG’s “quiet build” is compelling. In crypto, too much hype can be dangerous, creating expectations that few projects can meet. Aptos is a reminder of this, with early hype leading to investor frustration. BlockDAG, by contrast, has managed expectations while steadily accumulating fundamentals. This lower-profile strategy could help it avoid early setbacks and deliver stability post-launch. The Bigger Picture: Can It Last? Of course, none of this is guaranteed. Blockchain history is full of projects that raised heavily, delivered sound technology, and still failed to gain traction. BlockDAG will face similar tests: maintaining liquidity depth, retaining developers, and sustaining user activity over time. But what sets BlockDAG apart is the data it already holds. $380M raised. 2.5M miners onboarded. 4,500 developers engaged. 19,350 ASIC miners sold. These are not projections or promises; they are current realities. If those numbers turn into meaningful on-chain activity once mainnet is live, BlockDAG could well position itself among the top 50 cryptocurrencies , a feat many projects spend years chasing. Success isn’t assured, but for a project that has grown with little noise, even the possibility of entering the top 50 is enough to challenge conventional assumptions. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Here’s How BlockDAG’s $380M Presale & 2.5M Users Could Push It Into the Top 50 Cryptocurrencies appeared first on TheCoinrise.com .
Peter Thiel's investments in Ethereum lead to significant value gains. Thiel's focus on Ethereum-based companies shows corporate adoption potential. Continue Reading: Peter Thiel’s Strategic Bets Amplify Ethereum’s Market Surge The post Peter Thiel’s Strategic Bets Amplify Ethereum’s Market Surge appeared first on COINTURK NEWS .
Ethereum is trading at $4,727, with a market capitalization of $569 billion and a robust 24-hour trading volume of $65.65 billion. The intraday price action has spanned a wide range between $4,236 and $4,890, signaling heightened volatility amid strong investor activity. Ethereum On the daily chart, ethereum recently confirmed a significant bullish breakout from the
Key takeaways: Our TON price prediction anticipates a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average price of $9.60. In 2030, it will range between $28.31 and $34.81, with an average price of $29.16. TON (The Open Network) is a decentralized protocol designed by Telegram and created by the community. The protocol is a distributed supercomputer, or “super server,” that consists of TON Blockchain , TON DNS, TON Storage, and TON Sites. The native token for the TON ecosystem is called Toncoin. “Will TON ever go up? Can TON reach the $10 mark? Where will TON be in five years?” These are the questions traders and investors ask. Let’s answer them and more in our Toncoin price prediction. Overview Cryptocurrency Toncoin Symbol TON Current price $3.42 Toncoin market cap $8.78B Trading volume $272.21M Circulating supply 2.56B All-time high $8.24 on Jun 15, 2024 All-time low $0.3906 on Sep 20, 2021 24-hour high $3.44 24-hour low $3.34 TON price prediction: Technical analysis Metric Value Volatility (30-day variation) 4.69% 50-day SMA $3.14 200-day SMA $3.73 Sentiment Neutral Green days 20/30 (67%) Fear and Greed Index 68 (Greed) Toncoin price analysis: TON fails to sustain $3.35 pivot point On August 12, TON’s price rose by 1.53% in 24 hours. Its trading volume rose by 8.99% to $281M over the same period, showing conviction in the market trend. The TON price steadily declined after reaching a high of $6 in early December 2024. In March 2025, it dropped beneath the $2.5 mark for the first time in over a year. It later recovered from rising above $3. Looking at its DeFi ecosystem, TON’s Total Value Locked (TVL) dropped by 5.01% in the last 24 hours to $154M. TON/USD 1-day chart price analysis TONUSD chart by TradingView Toncoin remained bullish through last week with rising volatility. Its relative strength index (57.07) shows bullish-neutral momentum. TON, however, failed to hold above the $3.50 pivot point, triggering sell-offs. TON/USD 4-hour chart price analysis TONUSD chart by TradingView The 4-hour chart shows that TON is correcting after facing resistance at $3.50. The coin formed short MACD histograms, a neutral market signal. TON technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 3.27 BUY SMA 5 3.41 BUY SMA 10 3.50 SELL SMA 21 3.39 BUY SMA 50 3.14 BUY SMA 100 3.15 BUY SMA 200 3.73 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 3.27 BUY EMA 5 3.21 BUY EMA 10 3.16 BUY EMA 21 3.22 BUY EMA 50 3.39 BUY EMA 100 3.80 SELL EMA 200 4.37 SELL What to expect from TON price analysis next? Our chart analysis indicates Toncoin’s profit-taking near resistance. The coin’s negative momentum dropped over the last 48 hours. The coins’ run could also be attributed to a muted altcoin market, as more capital flowed into Bitcoin. Why is TON down? The drop in TON value could be attributed to the slump in the altcoin market. Recent news Telegram’s deal with xAI, which would see Elon Musk’s AI company integrate into Telegram, is a work in progress despite an announcement from Pavel Durov. While Durov confirmed that the deal is yet to be signed, the Telegram founder said there is an “agreement in principle.” Is TON a good buy? According to Cryptopolitan price predictions, TON will trade higher in the years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Will TON reach $10? Yes, TON should rise above $10 in 2027. The move will come as the market recovers to previous highs. Will TON reach $100? Per the Cryptopolitan price prediction, TON is unlikely to reach $100 before 2031. Will TON reach $1,000? Per the Cryptopolitan price prediction, TON is unlikely to reach $1000 before 2031. Does Toncoin have a future? TON has had a bullish run since its inception despite seasonal market corrections. The TON blockchain has a vibrant community of users and developers. Looking ahead, Toncoin has the potential to trade higher in the coming years. How much will a Toncoin be worth in 2030? The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction August 2025 The TON August price prediction ranges from $2.44 to $3.50. It will average at $2.73. Period Potential low ($) Potential average ($) Potential high ($) August 2.44 2.73 3.50 TON price prediction 2025 As 2025 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $2.02 and $6.35. The average price for the month will be $4.23. Year Potential low ($) Potential average ($) Potential high ($) 2025 2.02 4.23 6.35 TON price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 6.58000 6.80000 7.71000 2027 9.26000 9.60000 11.49000 2028 13.84000 14.22000 16.29000 2029 20.71000 21.27000 23.42000 2030 28.31000 29.16000 34.81000 2031 41.21000 42.37000 48.12000 TON price prediction 2026 The year 2026 will experience more bullish momentum. According to the TON price prediction, it will range between $6.58 and $7.71, with an average trading price of $6.80. TON price prediction 2027 The TON token prediction climbs even higher into 2027. According to the prediction, Toncoin’s price will range between $9.26 and $11.49, with an average price of $9.60. TON price prediction 2028 The analysis suggests a further acceleration in TON’s price. TON will trade between $13.84 and $16.29. It will average at $14.22. TON price prediction 2029 According to the TON price prediction for 2029, the price of TON will range between a minimum of $20.71, a maximum of $23.42, and an average of $21.27. TON price prediction 2030 The TON price prediction for 2030 indicates the price will range between $28.31 and $34.81. The average price of Toncoin will be $29.16. TON price prediction 2031 The Toncoin price forecast for 2031 sets the high at $48.12. However, when the market corrects, TON will reach a minimum price of $41.21 and an average of $42.37. TON price prediction 2025 – 2031 TON market price prediction: Analysts’ TON price forecast Platform 2025 2026 2027 Digitalcoinprice $7.30 $9.27 $12.65 Coincodex $9.78 $6.57 $3.84 Gate.io $3.73 $4.32 $4.60 Cryptopolitan TON price prediction Our predictions show TON will achieve a high of $6.35 in 2025. In 2027, it will range between $9.26 and $11.49, with an average of $9.60. In 2030, it will range between $28.31 and $34.81, with an average of $29.16. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. TON historic price sentiment TON price by CoinGecko Ton network launched in 2018 as the Telegram Open Network (TON) but was later renamed “The Open Network” and taken over by the TON Foundation. In June 2020, all Toncoin tokens (98.55% of the total supply) became available for mining. The tokens were placed in special Giver smart contracts, enabling anyone to mine until 28 June 2022. Users mined around 200,000 TON daily. All the tokens were mined in two years, marking the completion of the distribution event. On September 20, 2021, TON registered its all-time low price at $0.3906. Its first significant break came in November 2021. In days, the coin slid from $0.8 to $4.5. It corrected in 2022, reaching a low of $0.9. In 2023, it ranged between $1.1 and $2.5. In 2024, it registered another bull run, rising from $2.11 to its all-time high of $8.24 on Jun 15, 2024. It corrected later and traded at the $5.2 mark in October and $4.98 in November when it started recovering. The recovery saw the coin rise above $6.5 in December. It then crossed into 2025, trading at $5.5. From there, it assumed a bear run as it fell below $3.8 in February and $3.0 in May. It crossed into June, trading at $3.20, and it maintained the level into August.
XRP surged to $3.10 as markets reacted to latest update in Ripple lawsuit