After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator suggests that BTC may soon experience additional downside pressure. Related Reading: Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers The analyst noted that despite growing retail participation in the BTC market, persistently high whale inflows into Binance – combined with a declining Bitcoin price – signal that the market could be entering a technical correction phase. Arab Chain shared the following chart, where the purple zone shows that whale inflows to Binance remained consistently high throughout July and early August. At the same time, the drop in BTC price reflects a distribution pattern, where whales begin unloading BTC on exchanges following a sharp rally. Although there were no extreme spikes, whale inflows into Binance stayed elevated in the $4 billion to $5 billion range, indicating that these large holders are actively moving BTC onto the exchange – often a precursor to major sell-offs. The fact that these inflows remain high on Binance despite the drop in BTC price suggests that either whales are still selling their holdings on the exchange, or they are waiting for a price rebound to exit the market. Similarly, the light blue area in the chart shows a notable increase in retail inflows to Binance during late July and early August. Historically, such late-stage retail participation often marks the final phase of a bullish cycle, providing exit liquidity for whales. The analyst concluded: Despite the rise in retail participation, the market shows signs of internal weakness, with sustained whale inflows to Binance and loss of upward momentum. If this behavior continues, the market may be entering a medium-term correction phase. Investors Still Optimistic About BTC While signals suggest the current BTC rally may be overextended, some investors remain confident, employing strategies like Smart Dollar-Cost Averaging (DCA) to accumulate BTC in anticipation of further price gains. Related Reading: Bitcoin Holds Steady At $115,000, But Realized Price Data Warns Of Fragility Fellow CryptoQuant analyst Oinonen noted that while the recent pullback in BTC price may have raised concerns about further declines, the asset’s historical Q4 performance could propel it to a new all-time high of $200,000 by the end of 2025. After hitting a recent low around $111,800, BTC has recovered part of its losses and is now trading near $116,500. Still, some analysts caution investors against “excessive optimism.” At press time, BTC was trading at $116,501, up 0.2% over the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The odds of the SEC approving an XRP ETF have dropped to 66%, but Bloomberg analysts maintain a 95% forecast, viewing the dissent of a single SEC commissioner as insignificant.
Michael Saylor believes that the recent U.S. tariffs on gold bars will accelerate the shift towards Bitcoin, emphasizing its advantages as a digital asset. Bitcoin’s appeal lies in its digital
The anticipated secondary sanctions on Russia were substantial but remain unimplemented. Trump aims for a peace agreement to end the Russia-Ukraine conflict soon. Continue Reading: Trump’s Actions Stir Global Cryptocurrency Market The post Trump’s Actions Stir Global Cryptocurrency Market appeared first on COINTURK NEWS .
On Aug. 8, data from Polymarket revealed that the chances of the U.S. Securities and Exchange Commission greenlighting a Ripple ETF soared to almost 90%. End of Legal Battle Removes Key Hurdle The odds of the U.S. Securities and Exchange Commission (SEC) approving a Ripple exchange-traded fund (ETF) briefly jumped to just under 90% on
The CrediX account on X has disappeared, with suggestions that the $4.5M recent hack may have been a rug pull. The lending protocol on Sonic chain suffered an attack with unlimited token minting, with up to $4.5M unauthorized assets created. The CrediX recent hack for a total of $4.5M is suspected to be an inside job and a form of rug pull. The relatively minor project on the Sonic chain was exploited on August 4, as on-chain researchers noted a $2.64M flash loan and a total of $4.5M in unauthorized wrapped USDC. As Cryptopolitan reported , the initial theory for the hack was a flawed smart contract or another form of access to the minting function. However, the disappearance of the CrediX account on X sparked suggestions of a rug pull. The disappearance of the team suggested the private keys were not leaked or taken from a code repository, but may have been controlled by the team all along. The team may have disappeared as a way to avoid tackling a complex DeFi situation with contagion to other protocols. However, some of the bridged funds on Ethereum were already moved through TornadoCash, with the remaining funds still being watched for transfers. CrediX team disappears after promising compensation in 24 hours Initially, the CrediX team stated it would reimburse all funds lost, but while traders waited, the team disappeared. The team said there would be a repayment of all claims through smart contracts to compensate for the funds stolen from the Sonic-Ethereum bridge. Rug pulls have been relatively rare during the 2024-2025 bull cycle, with the exception of meme tokens. In the DeFi space, most projects tried to prove reliability and robust reserves, even in the face of hacks. Protocols like Cetus DEX managed to recover some of their funds and relaunch . There are also more robust efforts to track down and lock funds where possible. Based on the unauthorized minted wrapped tokens, the team may still have access to the 4.5M USDC on Ethereum, with no mention of tagging the wallet or freezing. In this case, the value did not disappear, but is held entirely by the exploiters. CrediX contagion spreads to other protocols The CrediX loss caused panic to spread to other protocols, despite indirect exposure. Trevee, formerly Rings Protocol, was affected due to holding some scUSD from CrediX. Trevee staked the scUSD to mint metaUSD. When the CrediX exploit happened, all liquidity providers disappeared, leading to over $1.8M unbacked metaUSD. Rings Protocol covered some of the unbacked tokens, but still suffered a loss by holding 737,427 scUSD. The fallout of CrediX essentially generated additional bad debt in the Trevee protocol, affecting stkscUSD and veUSD holders. To prevent further contagion, Trevee stopped minting and redemptions for its stablecoins. Stability DAO vaults were also affected by the draining of liquidity from CrediX stablecoins. Stability’s Metavaults were affected, with an estimated up to 30% to 40% of funds exposed to CrediX. Stability is working with the Sonic team to resolve the situation, which may include the doxing of the CrediX team and raising the case with authorities. Metavaults are now closed and expected to reopen next week. The exploit did not affect Sonic, which still holds around $467 million in total value locked. Beets, Aave, and Silo Finance remain the top lending protocols, with around $400M in total value locked. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
ChatGPT’s XRP analysis has revealed a powerful bull flag formation at $3.23, with a -2.85% pullback triggering a massive 173% volume surge to $12.62 billion . This surge comes as the SEC and Ripple have jointly dismissed appeals, officially ending a nearly five-year legal battle and clearing the path for institutional adoption and ETF approvals. With RSI neutral at 57.81 and MACD building positive momentum toward a bullish crossover, the next directional move could be explosive as regulatory clarity increases institutional demand. ChatGPT’s XRP analysis synthesizes 19 real-time technical indicators, SEC case resolution impact, ETF approval acceleration, and institutional adoption metrics to assess XRP’s 90-day trajectory amid historic regulatory victory between consolidation continuation and parabolic breakout momentum. Technical Analysis: Bull Flag Formation After Victory Rally XRP’s current price of $3.23 reflects a healthy 2.85% pullback from the opening price of $3.32 , establishing a trading range between $3.39 (high) and $3.21 (low). This 5.6% intraday range was due to controlled profit-taking typical of bull flag formations following major breakouts. The RSI at 57.81 sits in healthy neutral territory with substantial room for continued upward movement without overbought concerns. Moving averages reveal an exceptional bullish structure with XRP above all major EMAs: 20-day at $3.06 ( -5.1% ), 50-day at $2.84 ( -11.8% ), 100-day at $2.63 ( -18.5% ), and 200-day at $2.37 ( -26.4% ). Source: TradingView MACD shows mixed signs at -0.0168 below zero, but a strong positive histogram at 0.0911 suggests building momentum toward a potential bullish crossover. Source: TradingView Volume analysis shows a strong explosion to 211.42 million XRP, and ATR at 2.37 indicates a high volatility environment with potential for a massive move. Historical Context: Regulatory Victory After 5-Year Battle XRP’s August performance marks a historic regulatory victory with the SEC case officially ending through joint appeal dismissal, concluding a nearly five-year legal battle that began in December 2020 . The lawsuit’s conclusion validates years of XRP holder conviction, with those maintaining positions through the entire legal period achieving over 1,700% gains. The SEC and Ripple legal battle is finally over. Mad respect to all of you who held through this long ass case. 𝗙𝗨𝗡 𝗙𝗔𝗖𝗧: If you held $XRP through the entire lawsuit, you'd be up over 1,700%. pic.twitter.com/JUHWABiiX8 — Lark Davis (@TheCryptoLark) August 8, 2025 Current pricing at $3.23 reflects a 15.85% discount to the 2018 all-time high while securing extraordinary 115,000%+ gains from 2014 lows. The regulatory clarity positions XRP for potential new all-time highs as institutional barriers dissolve. The victory creates precedent for cryptocurrency regulation, with implications extending beyond XRP to the entire digital asset ecosystem. Support & Resistance: Strong Foundation Supports Recovery Immediate support emerges at today’s low around $3.21 , which is a key bull flag support level. This zone provides primary defense with a 20-day EMA at $3.06, offering additional institutional-grade support below. Key support shows exceptional depth with 50-day EMA at $2.84 ( -11.8% buffer) and 100-day EMA at $2.63 ( -18.5% buffer). Source: TradingView Resistance begins at today’s high around $3.39 , followed by psychological $3.50 and major resistance at $3.70-$3.80 . Breaking above the current resistance could trigger momentum acceleration toward the all-time high challenge at $3.84 . The technical setup suggests minimal downside risk given strong EMA support, while upside breakout from bull flag could produce explosive moves toward $4.00+ . SEC Victory: Regulatory Clarity Unleashes Institutional Demand The official end of the SEC vs. Ripple case through joint appeal dismissal represents a watershed moment for cryptocurrency regulation. NEW: SEC VS. RIPPLE $XRP CASE IS OVER! THE WORLD WAITS… AS RIPPLE CEO @bgarlinghouse IS YET TO COMMENT! WILL BRAD MAKE AN ANNOUNCEMENT TODAY? Comment Below & Follow For More!! pic.twitter.com/eGpXUyi0sK — Good Morning Crypto (@AbsGMCrypto) August 8, 2025 Markets immediately responded with celebration as XRP futures activity surged 208% to $12.4 billion , overtaking Solana’s volume and demonstrating massive institutional positioning. Open interest climbed 15% to $5.9 billion, with favorable funding rates indicating heavy long positioning. The regulatory victory clears the path for institutional products, including ETF approvals, with Polymarket odds surging from 70% to 90%+ following case resolution. Source: Polymarket ChatGPT’s XRP Analysis: ETF Approval Acceleration ChatGPT’s XRP analysis reveals a key acceleration in the ETF approval timeline following the SEC case resolution. Ten XRP spot ETF applications await final approval, with decisions expected by October 2025 . Major asset managers, including VanEck, Bitwise, and Grayscale, have prepared comprehensive ETF structures anticipating regulatory clarity. The institutional infrastructure development positions XRP for massive capital inflows upon approval. Market Fundamentals: Explosive Volume Validates Victory XRP maintains the third-largest cryptocurrency position with $191.91 billion market cap, demonstrating a 5.61% increase. The substantial market cap growth accompanies an extraordinary 173.62% volume surge to $12.62 billion . The 6.7% volume-to-market cap ratio indicates exceptional trading activity, suggesting massive institutional repositioning following case resolution. Source: CoinMarketCap Circulating supply of 59.3 billion XRP represents 59.3% of the maximum 100 billion token supply, with controlled release supporting stability. Market dominance of 5.08% positions XRP as a major institutional cryptocurrency with a regulatory clarity advantage. Social Sentiment: Euphoric Community Celebration LunarCrush data reveals explosive social performance with XRP’s AltRank surging to 22 , indicating exceptional community engagement following victory. Galaxy Score of 74 reflects building euphoric sentiment around case resolution and future prospects. Engagement metrics show a massive activity surge with 29.75 million total engagements ( +16.43M ) and 59.99K mentions ( +27.31K ). Sentiment registers at solid 78% positive despite a pullback, reflecting community confidence in long-term prospects following regulatory clarity. JUST IN: SEC vs Ripple $XRP case is officially over. pic.twitter.com/i0WCoWf1tX — Whale Insider (@WhaleInsider) August 7, 2025 Three-Month XRP Price Forecast Scenarios Regulatory Victory Breakout (60% Probability) ETF approvals combined with institutional adoption acceleration could drive explosive appreciation toward $6.00-$8.00 , representing 85-145% upside from current levels. Source: TradingView This scenario requires sustained volume above 200 million daily and a successful break above $3.40 resistance. Extended Bull Flag Consolidation (25% Probability) Delayed ETF approvals could result in bull flag consolidation between $3.00-$3.50 , allowing technical indicators to reset while institutional positioning continues. Source: TradingView This scenario provides accumulation opportunities at elevated levels. Correction on Profit-Taking (15% Probability) Excessive profit-taking could trigger selling toward $2.80-$3.00 support levels, representing 10-15% downside. Source: TradingView Recovery would depend on institutional buying at EMA support and continued adoption momentum. ChatGPT’s XRP Analysis: Historic Victory Meets Technical Perfection ChatGPT’s XRP analysis reveals unprecedented convergence of regulatory victory, institutional adoption acceleration, and technical bull flag formation. The case resolution eliminates the final barrier to mainstream institutional adoption while technical positioning favors explosive upside. Next Price Target: $6.00-$8.00 Within 90 Days The immediate trajectory requires a decisive break above $3.40 resistance to validate the bull flag breakout from the regulatory victory base. From there, ETF approval acceleration could propel XRP toward $6.00 psychological milestone, with sustained institutional adoption driving toward $8.00+, representing new all-time highs. However, failure to break $3.40 would indicate extended consolidation to $3.00-$3.20 range as the market digests victory, creating an optimal accumulation opportunity before the next institutional wave drives XRP toward $15+ targets, validating global payment infrastructure dominance with full regulatory clarity. The post ChatGPT’s XRP Analysis Reveals Historic Victory Rally at $3.23 as SEC Case Officially Ends After 5-Year Battle appeared first on Cryptonews .
Several altcoins are currently priced under $5 and are showing bullish patterns that could lead to significant growth. Among these hidden gems are Algorand , Cronos , and Mantle . These digital assets are displaying signs that suggest a strong upward trajectory. Dive into the details to discover why these coins are catching the attention of savvy investors. Algorand Market Performance: Short-Term Rally, Long-Term Adjustment Recently, Algorand rose sharply with a nearly 48% gain over the past month, while the half-year view reflects a slight 3.6% decline. Price fluctuations have kept the coin within a range of $0.16 to $0.33. Although the short-term sentiment is strong, the broader trend over six months remains modestly negative. The performance shifts indicate rapid growth periods interrupted by periods of uncertainty, reflecting the typical behavior seen in altcoins. Current price action places Algorand in a range with support at $0.08 and immediate resistance at $0.42, while a secondary resistance sits near $0.58. Market indicators show slightly positive momentum with a relative strength index of 56.24, implying neither extreme bullish nor bearish conditions. Bulls appear to be gaining ground in the short term, supported by recent gains. Trading within these boundaries, consider buying near support and taking profits incrementally as the price approaches the $0.42 resistance. Cronos Surge: Robust Gains and Key Price Levels Guide Trading Over the past month, Cronos experienced a sharp advance with a 53.03% price rise, while the six-month change reached 57.90%. A modest one-week uptick of 7.12% contributed to the steady climb. Price movements have delivered strong gains, reflecting growing confidence in the coin’s potential. This increase has been sustained across both short-term and longer intervals, indicating robust investor interest and resilience in the market. Current trading levels for Cronos place the price between $0.0956 and $0.1663, with immediate resistance at $0.1935 and secondary resistance at $0.2642. Strong support is seen near $0.0521, establishing a boundary for downside risk. Bulls are gaining momentum, supported by a rising moving average recommendation of 0.8, while the relative strength index at 66.89 hints at sustained buying interest. Price action lacks a defined trend but shows a mix of upward movement and consolidation as traders test resistance levels. A trading strategy could involve buying near support and taking partial profits at $0.1935. Managing risk with stop losses below support is advisable if bears regain control. Mantle (MNT): Surge in Momentum with Key Support and Resistance Levels Mantle displayed a sharp surge over the past month with an increase nearing 87.10%, signaling strong short-term momentum. Over the previous week, a 43.69% jump underscored the sudden upward drive. In contrast, the 6-month gain of just 1.57% suggests earlier periods were marked by consolidation before this recent spurt. Price movements have shifted from deeper support levels around $0.12 and $0.42 toward rising levels that approach resistance at $1.01 and even $1.31. This change indicates evolving market sentiment as investors increasingly target potential breakouts while remaining cautious about long-term trends. Currently, Mantle trades within a range from about $0.58 to $0.88, near key resistance at $1.01 and a higher barrier at $1.31. Immediate support is seen around $0.42, with deeper support at $0.12 outlining the market's boundaries. Analysis shows bulls are gaining strength, as indicated by recent surges. The RSI around 74.77 suggests an nearing overbought condition, hinting at potential short-term caution. Traders might consider the lower support level near $0.42 for entries, while a break above $1.01 could lead to targets near $1.31. Conversely, if prices dip, it may be wise to sell or short if bearish signals emerge, necessitating careful risk management. Conclusion ALGO , CRO , and MNT have been showcasing strong bullish trends. These patterns hint at potential growth for these coins, making them worth attention. Historical performance indicates these altcoins could offer significant returns. Their affordability under $5 makes them accessible options for investors. They exhibit promising movement, suggesting steady upward momentum. 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.
Harvard University's investment arm has invested $120 million in BlackRock's iShares Bitcoin Trust ETF (IBIT). Harvard owns 1.9 million shares of the fund, according to a 13F filing with the U.S. Securities and Exchange Commission (SEC). Harvard's portfolio also includes shares of tech giants like Microsoft, Amazon, Alphabet, Meta, Nvidia, as well as large companies like SPDR Gold Trust and Broadcom. *This is not investment advice. Continue Reading: BREAKING: With Billions of Dollars in Assets, Harvard Makes an Unexpected Move on Bitcoin
Notably, technical data appears consistent with the broader market outlook as XRP looks primed for a major price upswing.