BitcoinWorld Ethereum Holdings Soar: 10 Million ETH Now Held by Treasuries & ETFs A remarkable milestone has been reached in the world of cryptocurrency. Recent data reveals that combined Ethereum holdings by treasury companies and Exchange-Traded Funds (ETFs) have now surpassed an astonishing 10 million ETH. This significant accumulation underscores a growing institutional confidence in the second-largest cryptocurrency. According to analytics from StrategicEthReserve, the total stands at 10.01 million ETH, valued at approximately $46.22 billion. This figure represents a crucial shift in how major entities view and engage with digital assets, especially Ethereum. What Do These Ethereum Holdings Signify? This impressive figure is broken down into two main categories: corporate treasuries and Ethereum ETFs . Each plays a distinct role in the broader adoption narrative of Ethereum. Corporate Treasuries: Companies holding ETH on their balance sheets account for 3.57 million ETH, valued at about $16.49 billion. These are firms that have chosen to diversify their assets or use Ethereum for operational purposes, integrating it into their financial strategies. ETFs: Investment vehicles, primarily spot and futures ETFs, hold a larger portion at 6.44 million ETH, worth approximately $29.73 billion. These funds provide traditional investors with exposure to Ethereum without directly owning the cryptocurrency. The collective sum of these ETH institutional holdings signals a powerful trend. It suggests that institutions are not just experimenting with crypto; they are making substantial, long-term commitments to the Ethereum ecosystem. This marks a pivotal moment for the asset’s legitimacy. Why the Surge in Ethereum Investment? The increasing appetite for Ethereum investment from institutional players is driven by several compelling factors. Ethereum’s robust ecosystem, its pivotal role in decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications make it an attractive asset. Furthermore, Ethereum’s transition to a Proof-of-Stake (PoS) consensus mechanism has enhanced its appeal. This shift promises greater energy efficiency and the potential for staking rewards, making it more sustainable and potentially profitable for large holders. Institutions also view Ethereum as a diversification tool. In an era of evolving financial landscapes, digital assets offer new avenues for growth and risk management. A strong crypto treasury position can enhance a company’s financial resilience and forward-thinking stance. The Market Impact of Growing ETH Institutional Holdings The substantial growth in ETH institutional holdings carries significant implications for the broader crypto market. Firstly, it often contributes to increased market stability. Large institutional buys and holds can reduce volatility compared to purely retail-driven markets. Secondly, it enhances Ethereum’s credibility. When established financial entities and corporations commit significant capital, it signals to other potential investors that Ethereum is a serious and viable asset class. This can attract even more capital, fostering a positive feedback loop. However, it also means that large institutional movements could have a more pronounced effect on price. While accumulation is generally positive, any significant sell-offs by these large holders could impact market dynamics. Regulators are also closely watching this space, which could lead to new policies affecting these holdings. What’s Next for Ethereum Investment? The trajectory for Ethereum investment appears strong. The ongoing discussions and potential approvals of spot Ethereum ETFs in major markets could further open the floodgates for institutional capital. This would make it even easier for traditional investors to gain exposure. As the Ethereum network continues to develop and scale, its utility across various sectors is expected to expand. This sustained innovation will likely maintain institutional interest and potentially drive even larger Ethereum holdings in the future. The long-term outlook remains optimistic, with institutional adoption serving as a powerful catalyst. In conclusion, the surpassing of 10 million ETH in institutional and treasury hands is more than just a number; it is a profound indicator of Ethereum’s increasing maturity and its undeniable presence in the global financial landscape. This trend solidifies Ethereum’s position as a foundational digital asset, attracting substantial capital and paving the way for its continued evolution. Frequently Asked Questions (FAQs) What are Ethereum treasury holdings? Ethereum treasury holdings refer to the amount of ETH held directly on the balance sheets of corporations and private companies, often as a strategic asset or for operational use within the crypto ecosystem. What are Ethereum ETFs? Ethereum ETFs (Exchange-Traded Funds) are investment vehicles that allow investors to gain exposure to the price movements of Ethereum without directly owning the cryptocurrency. They are traded on traditional stock exchanges. Why are institutions increasing their Ethereum investment? Institutions are increasing their Ethereum investment due to its robust ecosystem, its role in DeFi and Web3, potential staking rewards from its Proof-of-Stake mechanism, and its value as a diversification asset in their portfolios. How do ETH institutional holdings impact the Ethereum market? Growing ETH institutional holdings can lead to increased market stability, enhanced credibility for Ethereum, and potentially higher demand, though large movements by these holders could also influence price volatility. Is this a good sign for Ethereum’s future? Yes, the significant increase in Ethereum holdings by institutions is generally considered a very positive sign, indicating growing confidence, maturity, and long-term potential for Ethereum. Did you find this article insightful? Share it with your network to spread awareness about the growing institutional interest in Ethereum! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption . This post Ethereum Holdings Soar: 10 Million ETH Now Held by Treasuries & ETFs first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld Lending Protocol Deposits Soar: Unveiling the Astounding $100 Billion Milestone The world of decentralized finance just hit a massive milestone! Total lending protocol deposits have officially reached an astounding all-time-high of $100 billion. This significant achievement, reported by Unfolded via X, underscores the rapidly expanding trust and participation in the DeFi ecosystem. For anyone tracking the pulse of cryptocurrency lending , this figure is a clear signal of robust growth and increasing utility within the space. What’s Driving This Monumental Growth in Lending Protocol Deposits? This remarkable surge in lending protocol deposits isn’t happening in a vacuum. Several factors contribute to the escalating interest in DeFi lending platforms. Investors and users are increasingly drawn to the unique opportunities these protocols offer, moving beyond traditional finance models. Attractive Yields: Many DeFi lending protocols offer significantly higher interest rates on deposits compared to traditional savings accounts. This potential for greater returns naturally attracts capital. Accessibility: Decentralized finance removes many barriers to entry. Anyone with an internet connection and cryptocurrency can participate, regardless of geographical location or credit score. Transparency: Operations on blockchain-based protocols are typically transparent and auditable. Smart contracts govern the rules, providing a level of trust that appeals to many users. Innovation: The continuous development of new features, improved user interfaces, and integration with other DeFi primitives makes these platforms more appealing and user-friendly. The Mechanics Behind Crypto Deposits: How Do Lending Protocols Work? Understanding how crypto deposits function within these protocols is key to appreciating their success. At its core, a lending protocol facilitates peer-to-peer or pooled lending and borrowing using smart contracts on a blockchain. When you make a deposit, you are essentially providing liquidity to the protocol. Here’s a simplified breakdown: Depositing Assets: Users deposit cryptocurrencies (like stablecoins, Ethereum, or Bitcoin) into a smart contract. These deposited funds form a liquidity pool. Earning Interest: In return for providing liquidity, depositors earn interest, which comes from borrowers paying interest on the funds they take out. The interest rates often fluctuate based on supply and demand within the protocol. Borrowing Assets: Other users can then borrow from this liquidity pool, typically by providing collateral (often more valuable than the borrowed amount) to secure their loan. This overcollateralization protects the lenders. Automated Management: Smart contracts automate the entire process, from interest accrual to collateral management and liquidation if a loan becomes undercollateralized. This automation reduces the need for intermediaries. This system has allowed for an unprecedented flow of capital into the decentralized finance ecosystem, culminating in the impressive $100 billion milestone. Navigating the Landscape: Opportunities and Challenges in Decentralized Finance While the $100 billion milestone for lending protocol deposits highlights immense potential, it’s crucial to acknowledge both the opportunities and the inherent challenges within the decentralized finance space. This balance is vital for informed participation and sustainable growth. Opportunities abound: Passive Income Generation: Depositing idle crypto assets can generate substantial passive income through lending interest and sometimes additional token rewards. Financial Inclusion: DeFi offers financial services to anyone with internet access, potentially banking the unbanked globally. Innovation Hub: The sector is a hotbed of innovation, constantly evolving with new protocols, strategies, and integrations. However, challenges persist: Smart Contract Risks: Bugs or vulnerabilities in smart contract code can lead to significant financial losses. Audits help, but risks remain. Volatility: The underlying cryptocurrency assets are highly volatile, which can impact collateral values and overall portfolio health. Regulatory Uncertainty: The regulatory landscape for DeFi is still evolving, posing potential risks for future operations and compliance. Impermanent Loss: While more common in liquidity pools for DEXs, understanding how asset price changes can affect returns is crucial for any DeFi participant. To navigate this dynamic environment, users should conduct thorough research, understand the risks associated with specific protocols, and consider diversifying their crypto deposits across different platforms and assets. The $100 billion in lending protocol deposits marks a significant chapter in the maturation of decentralized finance. It reflects a growing confidence in the utility and potential of DeFi lending as a viable alternative to traditional financial services. As the ecosystem continues to evolve, these protocols will likely play an even larger role in shaping the future of global finance. This milestone isn’t just a number; it’s a testament to the collective belief in a more open, accessible, and efficient financial future. Frequently Asked Questions (FAQs) Q1: What exactly are lending protocols in cryptocurrency? A1: Lending protocols are decentralized applications (dApps) built on blockchain technology that allow users to lend and borrow cryptocurrencies without needing traditional financial intermediaries like banks. They use smart contracts to automate the terms and conditions of loans. Q2: Why have lending protocol deposits reached such a high value? A2: The surge is primarily driven by attractive interest rates offered compared to traditional finance, increased accessibility for global users, the transparency of blockchain operations, and continuous innovation within the decentralized finance sector. Q3: Are there significant risks associated with depositing funds into lending protocols? A3: Yes, risks include smart contract vulnerabilities, the inherent volatility of cryptocurrency assets, potential for impermanent loss (though less direct in simple lending), and an evolving regulatory environment. Always conduct thorough due diligence. Q4: How can an individual participate in crypto lending? A4: To participate, you need a cryptocurrency wallet, some crypto assets to deposit, and to choose a reputable lending protocol. Research different protocols, understand their terms, and connect your wallet to deposit your assets into their liquidity pools. Q5: What is the significance of the $100 billion milestone for decentralized finance? A5: This milestone signifies a major vote of confidence in the stability and utility of DeFi. It demonstrates the growing adoption of decentralized financial services and positions lending protocols as a foundational component of the future financial landscape. If you found this article insightful, consider sharing it with your network! Help us spread the word about the incredible growth and potential of decentralized finance. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance institutional adoption. This post Lending Protocol Deposits Soar: Unveiling the Astounding $100 Billion Milestone first appeared on BitcoinWorld and is written by Editorial Team
Major Wall Street players are adding talent to support their growing cryptocurrency operations.
Ethereum’s rally just hit overdrive: U.S. spot Ether ETFs booked a record ~$1.0B net inflow in a single day, led by BlackRock and Fidelity, while a new cohort of corporate treasuries is loading billions in ETH. This is the institutional alignment bulls have been waiting for. The big surge: ETF money floodgates are open U.S. spot Ether ETFs notched their first-ever $1B day on Aug. 11–12. BlackRock’s ETHA took in just under $640M, with Fidelity’s FETH near $277M. Cumulative net inflows since launch are now in the $10B+ range. ETF assets across issuers now sit around $25B+, an amount some trackers say is ~4.7% of circulating ETH, a non-trivial chunk of available supply. Even conservative gauges peg it at roughly 4.7% of ETH’s market cap equivalent, underscoring the magnitude of institutional demand. Corporate treasury moves: Public companies go all-in on ETH BitMine Immersion (BMNR) disclosed ~1.15M ETH (≈ $5B), and said it’s exploring up to $20B in new stock issuance to buy more ETH, positioning itself as the largest ETH treasury globally . SharpLink Gaming (SBET), now chaired by ConsenSys founder Joseph Lubin, has emerged as another heavyweight ETH treasury. Company communications and independent research point to hundreds of thousands of ETH held, with expectations of >$3B in ETH post-raise. This is MicroStrategy-style playbook, but for Ethereum. It adds a sticky, non-trader buyer cohort to the demand side, exactly when ETFs are already siphoning supply. The Supply Squeeze: Issuance vs. Absorption On peak days, ETF net buys have exceeded daily ETH issuance multiple times over. One analysis pegged a recent session at ~3.2× issuance absorbed by ETFs alone. Another report said August ETF flows have rivaled the entire new issuance since the Merge. That combination tightens float and pressurizes price upward. Remember: post-Merge issuance is structurally lower, and burns vary with activity. When steady issuance meets persistent ETF + treasury demand, the imbalance favors the bulls. Macro & market context: The wind at ETH’s back U.S. CPI data kept bets alive for a September Fed rate cut, adding risk-on fuel as ETFs ramped. In parallel, the Aug. 7 executive order opened the door for 401(k) plans to include crypto, potentially funneling retirement money toward ETF wrappers like ETHA and FETH. Advisors already have Ether access through registered funds like Fidelity’s FETH, and IRA-friendly crypto options further smooth the on-ramp for long-term allocators. Distribution rails matter, and they’re clearly expanding for ETH. Meanwhile, ETH ETFs have outpaced BTC products on several recent days, highlighting relative-strength flows into Ethereum as institutions diversify beyond Bitcoin. Analyst pulse First day of the ETHness stakes done. The group's volume was just shy of $1.1 billion. My *prediction* on flows for the day is anywhere from $125 million to $325 million but will depend on how many investors these firms had lined up. We'll know some official flows in a few hours https://t.co/p6Wjty8VyY pic.twitter.com/1gYYrU1CW1 — James Seyffart (@JSeyff) July 23, 2024 (Analysts have since noted actual $1B+ daily inflows in August 2025, confirming that early expectations understated demand.) What’s next for Ethereum? Bull case: With ETF inflows, corporate treasuries, and a friendlier retirement-plan backdrop, a run toward $5,000 is squarely on the table. Some banks now float end-2025 targets as high as $7,500, citing deep institutional demand and tightening supply. Risks: Policy shifts, delayed or adverse rulings, macro shocks, and whale distribution can blunt momentum. Also note: staking is not enabled in U.S. spot ETH ETFs today-removing a potential yield component that could further attract long-term holders if allowed later. Base case into Q4 2025: If flows remain positive and corporates continue accumulating, institutional ETH demand should keep the trend constructive. Watch ETF flow streaks, treasury announcements, and macro prints for confirmation. Conclusion With Wall Street, corporate treasuries, and long-horizon retirement money lining up behind Ethereum, this ETH rally has a different backbone. If the Ethereum ETF inflows & corporate treasuries trend persists, the next leg higher could be less about hype and more about structural demand. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish pressure. XRP On the 1-hour chart, XRP shows signs of near-term consolidation following a sharp
Bitcoin market dominance slipped to 57.4% throughout the last six months, reflecting a growing investor appetite for altcoins. Google Trend data has also confirmed the statistics showing an increased search interest in altcoins, with investors moving funds towards Ethereum, Solana, and Dogecoin. Data on Coingecko shows Bitcoin has a share of total cryptocurrency by market capitalization at 57.4% down from 61.7% last week. Some analysts have revealed that it is a potential precursor to altcoin season when non-Bitcoin assets post such gains. Bitcoin has shed at least six percentage points over the previous two months, from 65%. ETH market share climbs to 13.6% due to ETF Momentum as BTC dominance falls The current shift is also evident in online search activity. According to data from Google Trends, altcoin searches have spiked amid the slip in BTC dominance. Some market trackers have attributed it to retail traders seeking exposure to non-Bitcoin assets. The interest is reflected in the price action across major coins, including Ethereum and Solana. Track Bitcoin Dominance👇 https://t.co/NOsQAoGLSR — CryptoRank.io (@CryptoRank_io) August 14, 2025 Ethereum market dominance has risen to 13.62%, which is mainly supported by the recent surge towards its all-time high. Ether has surged by a 51.68% monthly increase, propelling the price to ~$4,700, just 3.5% below its all-time high of $4,890 set in November 2021. During the weekly timeframe, ETH has risen by 28%, which is primarily contributed to by massive inflows into ETFs. The recent notable result was a net inflow of ~$1.08 billion in one day alone. As reported recently by Cryptopolitan, the massive net inflow was contributed mainly by BlackRock’s ETHA fund receiving ~$640 million and Fidelity FETH collecting ~$ 276 million. Combined, Ethereum ETFs now hold ~$26 billion in assets under management. Leading altcoins such as Solana and Dogecoin have also posted significant results in recent months. Solana has risen by 23% and Dogecoin 21% over the past seven days, ranking high on the list of top gainers in the past week by market capitalization. Some analysts have attributed these movements to a shift in investor interest into altcoins and the momentum of Ethereum’s ETFs. Others said that Bitcoin’s declining dominance signifies capital rotation. They noted that if the rotation goes on, Bitcoin’s dominance may drop further to the 47-48% range, marking the shift towards altcoin season. Also, in such seasons, large capitalized altcoins usually gain market share quickly before Bitcoin eventually reasserts its dominance. Bitcoin price holds steady as its dominance continues to drop Bitcoin remains near its all-time highs, currently trading at $118,152.00. It has fallen by 4.22% today with a market capitalization of $2,365.46B. The YTD shows that BTC has risen by 26%, signaling positive investor confidence in the coin despite a falling dominance. Some industry analysts have cautioned that the shift towards altcoins comes with the risk of market saturation. They noted that the altcoin market is flooded with projects that lack sustainable business models, active deployment teams, or insufficient liquidity. According to them, those factors contribute to volatility and steep price corrections. Industry experts have recommended diversifying funds into projects with fundamentals and active development teams. They have urged investors to perform thorough due diligence on each asset, technology, leadership, and community engagement. They suggested risk management tools such as stop-loss orders, and investing only when necessary and with what you can afford. Sustained inflows help maintain the upward trend experienced by altcoins, while Bitcoin’s rebound may reverse some of the recent gains in the altcoin market. The current decline in BTC dominance has reflected a broader shift in the digital asset ecosystem. Investors are diversifying beyond Bitcoin towards other blockchain technologies such as NFTs and Layer 2 scaling. It remains uncertain whether the current trend will keep the momentum or Bitcoin will rebound to its dominance. Get $50 free to trade crypto when you sign up to Bybit now
Bitcoin’s (BTC) price action saw two extremes as it surged to a new all-time high before losing momentum. The flagship cryptocurrency crossed $124,000 and set a new all-time high of $124,533. However, it plummeted below $120,000 almost immediately following an unsettling US PPI report. The report revealed that wholesale inflation surged far beyond expected levels, jeopardizing expectations of a rate cut. Investor sentiment was further soured after US Treasury Secretary Scott Bessent ruled out new Bitcoin purchases. BTC is down nearly 4%, trading around $118,626. Block Reveals Modular Bitcoin Mining System Block, a fintech company, has announced the launch of a new modular Bitcoin mining system, Proto Rig. It also launched a free, open-source fleet management software. The company made the announcement during an event at Core Scientific’s Dalton, Georgia, facility. Core Scientific is already using Block’s Proto Rigs for mining activity. Proto Rig features a modular design that allows operators to upgrade individual hashboards. It extends the lifespan of a mining rig to ten years, reducing costs by 15% to 20%. Thomas Templeton, Hardware Lead at Block, stated in a press release, “Mining hardware hasn’t really changed in years. Machines break often, are hard to repair, expensive, and time-consuming to upgrade, and don’t make the most efficient use of power or space.” BlackRock’s Crypto Portfolio Crosses $100B, Bitcoin (BTC) Dominates According to an analysis by Finbold, BlackRock’s crypto holdings have crossed the $100 billion mark, reaching $104 billion as of August 14. Finbold based its findings on blockchain data from Arkham Intelligence. The analysis revealed that BlackRock’s current crypto portfolio includes $89.27 billion in Bitcoin (743,310 BTC ) and $14.71 billion in Ethereum (3.2 million ETH). This is a $49.15 billion net increase since the beginning of 2025, when the asset manager’s crypto holdings were at $54.83 billion, with $51.16 billion in BTC and $3.59 billion in ETH. US Treasury Secretary Rules Out Further Bitcoin (BTC) Buys Bitcoin (BTC) lost momentum after reaching a new all-time high on Thursday, after US Treasury Secretary Scott Bessent stated that the government has no plans to purchase additional BTC for its Bitcoin reserve. As a result, the flagship cryptocurrency plunged below $120,000 and is currently trading around $117,700, with sellers in control. Bessent stated, “We’ve also started to get into the 21st century, a Bitcoin reserve. We’re not going to be buying that, but we are going to use confiscated assets and continue to build that up.” US President Donald Trump signed an executive order on March 6, establishing a strategic Bitcoin reserve and a separate digital asset stockpile. Both reserves initially used cryptocurrencies forfeited in criminal and civil cases. Bessent had initially advocated for a strategic shift in the US’s approach to Bitcoin, stating that the government should stop selling Bitcoin and “bring it onshore” using established regulatory frameworks. Bitcoin (BTC) Price Analysis Bitcoin (BTC) is in freefall during the ongoing session, down nearly 5% following Treasury Secretary Scott Bessent’s statement that the US does not plan additional Bitcoin purchases. Investor sentiment also soured following an unsettling US PPI report, which revealed that wholesale inflation increased beyond expectations, jeopardizing expectations for low interest rates. Signs that BTC is overheating also emerged. Bitcoin’s funding rate, which helps indicate an overheated market, registered an increase in long bets. However, the bets were substantially smaller than previous bets. This means BTC has some way to go before investors need to worry about an overheated market. A jump in funding rates could indicate increased volatility and liquidation risks. On the other hand, the short-term holder (STH) Spent Output Profit Ratio (SOPR) revealed very little profit taking. Other technical indicators suggest a “top” may be in. Popular analyst Captain Faibik wrote, “BTC Liquidity has been grabbed at the highs. We’ve now printed the 9th TD Sell Candle. Daily RSI is Printing Bearish Divergence. Rising Wedge Formation. This combination suggests the top might be in & Bearish Rally could be around the corner. Don’t get trapped in late longs… patience will pay off.” BTC registered a sharp decline on Friday (August 1), dropping over 2% and settling at $113,365. Sellers retained control on Saturday as the price fell 0.67% and settled at $112,601. Despite the overwhelming selling pressure, BTC recovered on Sunday, rising 1.52% to cross $114,000 and settle at $114,215. The price continued pushing higher on Monday, registering a 0.69% increase and settling at $115,051. BTC plunged to an intraday low of $112,707 on Tuesday as selling pressure returned. It rebounded from this level to reclaim $114,000 and settled at $114,051, ultimately dropping 0.83%. The price recovered on Wednesday, rising 0.80% to reclaim $115,000 and settle at $115,028. Source: TradingView Bullish sentiment intensified on Thursday as BTC rallied, rising over 2% to cross $117,000 and settle at $117,515. Despite the positive sentiment, the price was back in the red on Friday, falling nearly 1% to $116,683. BTC registered a marginal decline on Saturday but recovered on Sunday, rising 2.42% to reclaim $119,000 and settle at $119,309. The price surged to an intraday high of $122,319 on Monday. However, it lost momentum after reaching this level and settled at $118,701, ultimately dropping 0.51%. Market sentiment turned positive on Tuesday as the price recovered, rising 1.19% to cross $120,000 and settle at $120,113. Bullish sentiment intensified on Wednesday as BTC rallied, rising nearly 3% to settle at $123,365. BTC is in freefall during the ongoing session after setting a new all-time high earlier in the day, reaching $124,533. The flagship cryptocurrency is down nearly 5%, trading around $117,699. 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.
Prominent XRP advocate XRP QUEEN posted on X, “Soon it will cost 10 XRP to buy a car.” The remark instantly ignited conversation across the crypto community. Short, bold, and packed with optimism, the statement reflects the deep bullish conviction shared by many XRP supporters. While the comment is more aspirational than literal, it arrives at a time when XRP is showing renewed strength in both price action and investor sentiment. Current Market Outlook As of report time, XRP is trading around $3.20, supported by healthy trading volumes and a robust market capitalization that keeps it among the top-performing altcoins. The price has benefited from a strong mid-2025 rally, with steady buying interest across exchanges. Soon it will cost 10 #XRP to buy a car — XRP QUEEN (@crypto_queen_x) August 13, 2025 Still, i t remains far from the multi-thousand-dollar valuation implied by the “10 XRP” prediction, underscoring that such projections are rooted in long-term vision rather than near-term expectation. Whale Activity Driving Optimism Recent blockchain data reveals significant whale accumulation. According to a recent report , wallets holding between 100 million and 1 billion XRP collectively added 1.2 billion tokens — worth about $3.8 billion — in just four days. Such large-scale accumulation can tighten supply and create upward pressure on price, a pattern that often fuels bullish market narratives. This heightened activity suggests growing confidence among deep-pocketed holders in XRP’s long-term potential. Technical Analysis Signals Chart analysts have highlighted encouraging patterns in XRP’s price structure. Breakouts from multi-year consolidation zones, along with double-bottom formations, have set near-term technical targets in the mid-single to low-double-digit range. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Rising open interest in XRP derivatives further indicates increased participation from traders betting on higher prices. While these setups strengthen the bullish case, the journey to valuations implied by XRP QUEEN’s statement would require unprecedented growth. Rhetoric Versus Reality Taking the “10 XRP to buy a car” statement reveals the scale of the challenge. With the average U.S. car price hovering near $48,750, XRP would need to trade around $4,875 per coin for the prediction to materialize, approximately 1,500 times its current price. This illustrates that the post is best understood as a symbolic expression of confidence rather than a near-term forecast. In conclusion, XRP QUEEN’s viral post captures the passionate optimism of the XRP community, fueled by bullish whale activity and promising technical patterns. However, traders and investors should balance this enthusiasm with a clear-eyed view of the current market reality. While the idea of buying a car for just 10 XRP may be a long way off, the sentiment behind the statement reflects a community that remains steadfast in its belief that XRP’s best days are yet to come. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Top Crypto Proponent: “Soon It Will Cost 10 XRP to Buy a Car” appeared first on Times Tabloid .
Bitcoin might now be in a completely new low-volatility environment, according to Fidelity
TL;DR ETF filing backed by CBOE and SEC review brings fresh eyes to the PENGU market setup. Analysts spot triangle breakout pattern; key resistance at $0.038 could lead to $0.075. Robinhood Advanced listing and Solana-Ethereum bridge strengthen PENGU’s retail and cross-chain appeal. ETF Filing Draws Attention Pudgy Penguins (PENGU) is drawing new attention after renewed interest in its ETF application. The filing, supported by the Chicago Board Options Exchange (CBOE), is now being reviewed by the US SEC. As the process moves forward, traders are keeping a close watch on what comes next. Ali Martinez, a market analyst, pointed out that PENGU is trading in a formation often seen before a strong upward move. He said the price action shows the asset “building up pressure,” with many now watching for a breakout. The next $PENGU breakout could be massive! This setup is building fast with strong fundamentals: – Pending ETF filing backed by CBOE – SEC review in progress – Expanding rapidly in Asia pic.twitter.com/r4JLrySad2 — Ali (@ali_charts) August 13, 2025 Consequently, the combination of a regulatory filing and growing trading volume has kept the asset on traders’ watchlists. PENGU Price Action and Key Levels PENGU traded at $0.038 at press time, showing little change in the past 24 hours but up 8% over the past week. The 24-hour volume has remained strong, with over $600 million traded. On the chart, PENGU is holding above the $0.035 level. This area is seen as short-term support. According to Martinez, the next resistance is around $0.038. If that level is cleared, further moves toward $0.045, $0.055, and possibly $0.075 are being discussed. Another analyst, known as Altcoin Sherpa, shared his view on the token. He described PENGU as a “meme coin with added utility,” noting its role in NFTs and revenue-based projects. This mix has helped the token reach different parts of the crypto market, not just meme coin traders. $PENGU is still a great coin and I unfortunately never got filled on the lower green box like I wanted. Might put in a starter position on it though and just add if it gets lower. PENGU is still 1 of those memes that is a cross sector coin- meme + NFT + actual revenue business.… pic.twitter.com/cG4795nj8v — Altcoin Sherpa (@AltcoinSherpa) August 13, 2025 Adoption and Platform Expansion Moreover, Route 2 FI said he has taken a position in PENGU based on its wide appeal and growing presence. He called it “a serious Dogecoin rival” with a strong team and community support. He also mentioned its role in connecting the Ethereum and Solana networks. Recently, Robinhood added PENGU to its Advanced trading platform. This update allows U.S. users to trade PENGU using expanded charting and tools. The project’s official account shared the news, which came as part of broader efforts to increase access across markets. The post PENGU Set for Lift-Off? ETF Filing and Surge in Volume Point to Breakout appeared first on CryptoPotato .