A clean neckline break has flipped the script on $WIF. On August 15, the memecoin completed a textbook head-and-shoulders pattern, breaking below $0.94 and setting sights on $0.65, a bearish shift that threatens to erase weeks of bullish momentum. While whale inflows and new validator developments fueled earlier momentum, the asset’s price movement now reflects growing selling pressure and fading bullish strength. Without a strong recovery above resistance, $WIF may remain under pressure as sentiment shifts defensively across the meme token landscape. Source: CoinGecko Beyond the Beanie: Why WIF’s Whale Accumulation and New Utility Could Indicate a Bullish Rebound The original pink knitted hat worn by Achi, the Shiba Inu mascot of $WIF, sold for 6.8 BTC (approximately $800,000) on the Bitcoin Ordinals marketplace, Ord City. Bags founder Finn placed the winning bid, pledging to “return it to the community.” aaaannnd SOOOLLLLD to @finnbags #Finnwifhat pic.twitter.com/d7i8MYP7S2 — ordcity (@ordcity) August 7, 2025 While $WIF cooled off, Solana’s memecoin spotlight shifted to rivals like $BONK and newcomers such as Pepeto. The shift in attention shows how rapidly narratives evolve in the meme sector, making sustained relevance a constant challenge. Despite the recent price drop, on-chain data presents a compelling narrative of growing fundamental support for $WIF. In July, whales actively accumulated the token, adding a substantial $39 million worth of $WIF to their holdings. This accumulation is particularly noteworthy given that the top 100 addresses control over 771 million tokens. $WIF now leads in whale inflows . Woww, a $39,613,272 total whale inflow came through in the past month Forming that beautiful bottoming price action too, $WIF is seriously in for a blockbuster run soon enough As for the trend line on $WIF , check the GPT quote and you’ll see the 3rd touch usually breaks… pic.twitter.com/Ja3dM0WbJ9 — sk (@skmakeit) August 9, 2025 A 2% decrease in exchange balances over the past 30 days further reinforces the idea that large holders are moving tokens off exchanges for long-term storage, a traditionally bullish sign that reduces immediate selling pressure. Source: SOLSCAN This whale behavior, combined with the fact that $WIF’s holder count has now surpassed 250,000, highlights growing community adoption. While $WIF’s value is deeply rooted in its meme status, the project is taking steps to add a layer of utility. In a major move, DeFi Development Corp announced the launch of the Official DogWifValidator—DFDV Powered validator, allowing holders to earn a share of validator-generated revenue (after operational costs). This marks a shift toward utility for the meme coin, leveraging Solana’s proof-of-stake mechanics. Wen validator? Now validator. The "Official DogWifValidator – DFDV Powered" validator is now LIVE. Stake with @dogwifcoin & @defidevcorp 50/50 rewards with the $WIF community speed, security, memes Institutions run infra. Degens run vibes. We run both. pic.twitter.com/DiSX8V3bvG — DeFi Dev Corp. (DFDV) (@defidevcorp) August 13, 2025 Through all the price swings, $WIF has maintained strong visibility and trading support. The token enjoys listings on major centralized exchanges like Bybit, OKX, and HTX. This multi-platform presence not only supports healthy trading volume but also helps stabilize market behavior during volatility. Analysts suggest a consolidation for a bullish breakout to $2. Dogwifhat $WIF consolidating in a triangle. Bullish breakout to $2 in play! pic.twitter.com/ZVb8kk3ZM3 — Ali (@ali_charts) August 15, 2025 $WIF Faces Breakdown Risk After Topping Formation and Sustained Selling Pressure $WIF’s recent trend has shifted from bullish to potentially bearish, with a textbook head-and-shoulders pattern forming on the 4-hour chart. This pattern has a peak (formed in the shape of a “head”) joined by two lower peaks, otherwise known as the “shoulders.” A neckline connects the troughs between the peaks. A break below this neckline confirms the reversal. $WIF/USDT price chart, August 15 (Source: TradingView) As observed in the chart, $WIF’s trend reversal is further validated by a clean neckline break around $0.94, setting the stage for a projected move toward the $0.65–$0.66 area. Price has now retested the underside of that neckline but has failed to reclaim it convincingly. The volume chart also displays aggressive sell deltas, especially during the breakdown and the subsequent attempt to bounce. Cumulative delta remains negative, with multiple 4-hour candles printing high sell imbalances, particularly at market lows, a sign that bears remain active and are absorbing bullish attempts. $WIF/USDT volume footprint, August 15 (Source: TradingView) In addition, the RSI hovers just above 40, avoiding oversold extremes but suggesting waning bullish momentum. The MACD histogram continues to decline below the baseline with a flattening signal line crossover, further reflecting a loss of upward momentum. With the 20-period SMA now trending below the 100-period SMA, the short-term bias has turned bearish. Price also remains trapped below both moving averages, adding weight to the downside case. For bulls to invalidate this breakdown, WIF would need to reclaim the $0.94–$0.96 range with strong volume and positive delta shifts. Until then, downside continuation remains the likely path. If the projected target of the head and shoulders formation plays out, the next key levels of interest lie around $0.80 for interim support, and eventually $0.65 as the measured move completes. Traders should monitor volume reactions at each support test to gauge potential absorption or capitulation. The tone of trade has turned defensive, and unless bulls step in with conviction, WIF may continue retracing deeper. The post Dogwifhat ($WIF) Faces 3.6% Dip but Whale Inflows, and Validator Launch Hint at $2 Breakout appeared first on Cryptonews .
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Bitcoin's price hits new lows, worrying investors. The cryptocurrency market remains volatile amid economic uncertainties. Continue Reading: Bitcoin Faces Uncertainty As Cryptocurrency Markets Brace for Trump’s Statements The post Bitcoin Faces Uncertainty As Cryptocurrency Markets Brace for Trump’s Statements appeared first on COINTURK NEWS .
This week, Bitcoin (BTC) and other cryptocurrencies were closely monitoring critical economic data from the US. The US Consumer Price Index (CPI) data was released first, followed by the Producer Price Index (PPI). Higher-than-expected US PPI figures shook global markets, including cryptocurrencies, overnight. PPI data show that tariff-related cost pressures are being passed on to consumers faster than expected, increasing the risk of inflation. While the data negatively impacted crypto markets, Singapore-based analytics platform QCP Capital said that the US PPI figures caused a brief pullback in cryptocurrencies, but Bitcoin's uptrend remained intact. QCP analysts said the better-than-expected PPI data shook the crypto market, strengthened the US dollar, and pushed up Treasury yields. US stocks held firm. Analysts also noted that the CPI data released earlier this week supported expectations of a larger Fed rate cut in September, but the higher PPI data largely eliminated the possibility of a 50 basis point cut, lowering the probability of a 25 basis point cut to 90%. The probability of leaving interest rates unchanged has begun to be priced in at 9.4%. Analysts recently said that the PPI data, which came in above expectations, strengthened the dollar and yields, leading to a brief pullback in cryptocurrencies, but the upward trend in Bitcoin and cryptocurrencies that began in April continues robustly, supported by increasing institutional adoption. *This is not investment advice. Continue Reading: Is Bitcoin (BTC) and Altcoins Bullish After the PPI-Driven Drop? QCP Capital Explains!
Russia expects something solid to come out of today’s summit between President Vladimir Putin and U.S. President Donald Trump. The two leaders are meeting for the first time in six years at a military base near Anchorage, Alaska, and the Kremlin is not looking for symbolic gestures. Moscow wants actual outcomes, especially when it comes to Ukraine, NATO, sanctions, and the economy. Trump made it clear on his way to Alaska that Russia won’t be getting any business deals from the U.S. unless there’s progress on ending the war in Ukraine. Speaking on Air Force One, Trump told reporters he’s aware Putin wants economic talks, but “they’re not doing business until we get the war settled.” He said he’s open to discussing deals if there’s forward movement, but added that Ukraine has the final word on territorial matters. “We’ll talk about land, but Ukraine has to agree,” he said. The summit starts with a private one-on-one at 11:00 a.m. local time, followed by a broader session with five officials on each side, and ends with a press conference before Trump flies back to Washington by 5:45 p.m. Trump holds back economic talks, warns of severe consequences Trump is locking down any chance of economic talks unless Putin shows he’s serious about changing course. While the Kremlin sent a delegation of Russian business figures to the summit, Trump said that doesn’t mean much unless there’s real change. “I noticed he’s bringing a lot of business people from Russia, and that’s good,” Trump said. “But we’re not talking business until the war is over.” He also gave a warning. If Putin keeps dragging out the war, Trump promised economic consequences that would hurt. That includes threats of new tariffs targeting buyers of Russian crude oil, like China and India. Russia’s war economy is already under pressure, and further U.S. action could cut deeper. Putin, trying to show cooperation ahead of the summit, called Trump’s efforts “energetic and sincere” on Thursday. But Trump wasn’t handing out praise. He referred to Putin as “a smart guy” and made it clear that playing games won’t get him anything. If Putin doesn’t step up with actual movement toward a resolution, there won’t be talks, deals, or relief. Putin may freeze war if NATO backs off, Ukraine says no deal Putin, facing internal pressure, may be ready to make a limited offer. People familiar with Kremlin planning say Putin could agree to freezing the conflict where it stands, but only if the West guarantees NATO stops expanding and rolls back some sanctions. Putin’s team wants a legally binding promise that NATO won’t keep moving east. But NATO’s already said that Ukraine’s future is inside the alliance, not outside it. Meanwhile, Russia has floated another offer. With the last remaining nuclear arms deal set to expire in February, Putin is now open to a new agreement. That’s something Trump would probably want, but it’s clearly a bargaining chip, not a goodwill gesture. Ukraine’s not impressed. President Volodymyr Zelenskiy said Putin is “playing for time” to dodge U.S. secondary sanctions. He also ruled out any deal that involves giving up territory. Kyiv wants a U.S.-backed security guarantee instead, though no one’s sure what that would even mean or how it would work in practice. On Friday, several Ukrainians in central Kyiv told Reuters they weren’t hopeful about the summit. Many believe Putin is just stalling while trying to reduce pressure from Washington. And until something changes on the battlefield or in the negotiations, Ukraine doesn’t think the summit will mean much. The smartest crypto minds already read our newsletter. Want in? Join them .
Summary TeraWulf's pivot to HPC hosting is proving successful, securing a $3.7B contract with Fluidstack, backed by Google, and building a strong backlog. TeraWulf's asset-light strategy focuses on infrastructure rather than GPU ownership, minimizing depreciation risk and ensuring predictable, high-margin revenue streams. Signed contracts, clear unit economics, and secured power capacity provide strong visibility into future cash flows and support a Buy rating upgrade. Despite recent price surges, I see a 2.5x upside potential for WULF as HPC revenue ramps, with manageable execution risks and a positive risk-reward profile. TeraWulf Overview TeraWulf Inc. (NASDAQ: WULF ) might well be considered a late mover among the Bitcoin ( BTC-USD ) miners in high performance computing [HPC]. They only began any serious HPC pivot last year when they announced (in their September 2024 monthly production update ) the successful completion of their 2MW proof of concept project called “Wolf Den” to showcase their HPC hosting capabilities. Despite the late pivot, TeraWulf is now targeting the right opportunities and building a strong HPC backlog. The latest $3.7 billion contract with Google ( GOOG )-backed Fluidstack is a prime example of well-timed execution resulting in successful contracts. There are several things TearWulf has done right to get here. One of them being that their HPC pivot strategy has been less exposed to GPU hardware lifecycles and depreciation because CaPex allocated to HPC has been focused more on power and infrastructure, which retain value longer than GPUs. TeraWulf does not maintain a large, depreciating fleet of GPUs for revenue generation. Spendings on GPU for the company’s Compute business line recorded so far was when the proof-of-concept Wolf Den was being built, which involved operating a compact Nvidia A100 GPU system at the Lake Mariner Facility. And this strategic execution was the highlight for me when I last covered WULF in May . Looking back, I think the more cautious Hold rating was overly conservative, and a Buy would have been a better call. I believe TeraWulf is now at the "right place at the right time" in HPC hosting. Among the miners, TeraWulf can be considered a late bird in HPC hosting. I believe this has allowed TeraWulf to craft a better strategy for the WULF Compute business line. Sometimes it’s the ones who come late to the party that leave with the best gains, after watching the early guests spill their drinks. In its HPC approach, TeraWulf is avoiding the operational complexity that purchasing and maintaining GPUs for HPC hosting presents, and will be focusing on providing infrastructure to HPC clients – power, cooling, rack, and space – as the management has iterated. TeraWulf’s HPC hosting is basically: bring your GPUs and we’ll host them. - Excerpt from my WULF coverage in May. Bitcoin miners who pivoted to HPC earlier took the GPU risk and will likely incur the depreciation. I think it is risky enough for a Bitcoin miner to be exposed to crypto price cycles, then to compound that with further exposure to hardware cycles doubles the risk. Seeking Alpha WULF is up 180% since visiting it on the release of the Q1 earnings in May, and is up ~59% since the Fluidstack-Google announcement yesterday. For investors who may have been on the sidelines, I believe the main question now is whether conditions support for more upside (from a fundamentals perspective), or if entry at this stage would be a case of an overhang of missed buying opportunity that presents the risk of catching the top, since WULF is already up a lot. WULF Still Presents a Compelling Buy Despite Its Price Surge Without beating around the bush, I strongly believe that the outlook for TeraWulf has changed greatly for the better, and I am upgrading my stance to Buy at this point. The pivot to HPC hosting has moved from talk to signed contracts, and revenue recognition from HPC is already underway, beginning Q3 2025, according to management’s guidance in the Q2 earnings call. The outlook for strong HPC revenue is now highly visible. The Fluidstack agreements anchor about $3.7 billion of contracted revenue over ten year period, with two five-year options that lift the total to about $8.7 billion, under a modified gross lease (meaning TeraWulf is paid a fixed fee for infrastructure services while most variable costs are passed through to the client, keeping revenue predictable and limiting operational risk). Google will backstop $1.8 billion of those obligations and receive warrants equal to roughly 8 percent pro forma WULF ownership. The deployment will start with about 40 MW online in the first half of 2026 (just months away) and the full 200+ MW by year end 2026. Unit economics also look attractive and visible per management’s guidance. Management disclosed an expected site net operating income [NOI] margin of 85% on the Fluidstack deployment, which implies about $315 million of annual site NOI at full run rate ($3.7B contract / 10 years = $370M/yr in revenue; $370M x 0.85 NOI margin = ~$315M annual NOI). The revenue from the Fluidstack contract is highly predictable and grows over time due to built-in price escalations (starting around $370 million per year and rising over the 10-year contract). Under the modified gross lease, TeraWulf collects a fixed fee for providing power, cooling, and rack space, while most variable costs are passed through to Fluidstack, keeping revenue predictable and margins protected - an example of TeraWulf’s asset-light HPC hosting approach, which caught my attention in May. The earlier Core42 lease also validates the above approach. Terms of the Core42 deal call for 60 MW of critical IT load at $125 per kilowatt per month, equal to $1.5 million per MW per year, with a 3% annual escalator and a twelve-month prepayment. Management framed EBITDA margin at ~70% and an unlevered return of 17 to 18% on a $6 million per MW build, which is compelling in today’s data center market. Scale optionality remains, with an expansion option up to 108 MW of additional critical load. On the infrastructure side, TeraWulf’s power and sites provide strong capacity optionality for lessees. Lake Mariner has interconnection approval for 500 MW with applications pending to reach up to 750 MW, and the Cayuga site adds an 80-year ground lease with rights to develop up to 400 MW, with 138 MW expected ready online in 2026. These are zero-carbon, low-cost power markets with existing transmission and water, which shortens timelines. This infrastructure and power base is TeraWulf’s potential moat in AI infrastructure. I believe TeraWulf’s financial base is on the verge of improving, while HPC ramps. Q2 2025 revenue was $47.6 million, up 34% YoY. Bitcoin mining capacity reached 12.8 EH/s also up around 45% YoY. Though net loss widened, TeraWulf returned to positive adjusted EBITDA of $14.5 million in Q2 - a notable improvement over Q1's negative adjusted EBITDA of -$4.7 million. Management guided to recognizing HPC hosting revenue beginning in Q3 2025, which marks an inflection point for TeraWulf's financial profile. And at $3.88 billion EV and TTM revenue of $144.1 million, WULF currently trades around 27x EV/Sales. Now, with the $3.7 billion Fluidstack contract potentially adding roughly $370 million a year in revenue at full deployment, sales could potentially rise to over $500 million annually (if TeraWulf maintains around the current annual run rate from its current revenue streams). If the market continues to value WULF at the same EV/Sales multiple of 27x, the enterprise value could increase proportionally to about $13.83 billion (or more conservatively above $10 billion). Assuming net debt remains stable (which is also plausible given early cash inflows from Fluidstack, projected high NOI margins, and phased capital spending as the rollout of HPC infrastructure will be in phases), this would imply a share price around 2.5x above current price (if we stick to our more conservative ~$10 billion EV). A ~2.5x or ~250% upside from the current $8.85 share price would make WULF trade around $22. Any expansion of the multiple due to factors like higher margins, as execution of the Fluidstack and Core42 contracts scale, would potentially push the upside further. Risks and Takeaway Execution risk remains real in the HPC hosting business, so I model in some cushion (a conservative 10–15% adjustment to projected revenue and phased deployment assumptions). The critical variables here are managing the construction schedule and coordinating with clients on the on-time arrival of their hardware. The Google backstop reduces counterparty risk on the Fluidstack deal. The prepayment and escalators on Core42 improve returns while the team funds and builds. I believe WULF's risk-reward skews positive at this point of the build phase. TeraWulf's entry into HPC is based on an approach that minimizes capital and market risks. This approach makes WULF a Bitcoin miner worth being on the watch list. In a sector where timing and strategy are everything, TeraWulf may have just found its sweet spot in HPC. - Except for my WULF coverage in May. In May, I initiated coverage with a takeaway that WULF was watchlist-worthy because of its HPC business approach. My current takeaway is simple: TeraWulf now has contracts, credible partners, clear unit economics, and secured power (Lake Mariner and Haynesville sites, totaling ~40 MW to start with full 200+ MW capacity by end of 2026). If you were sidelined earlier, I believe the setup has improved. I see enough line of sight to future cash flows to upgrade to Buy .
The Gemini Wallet and Onchain hub are great for total beginners, but have a lot of room to grow
As Dogecoin (DOGE) faces mounting skepticism over its ability to breach the elusive $1 threshold, investor attention is quietly pivoting toward Mutuum Finance (MUTM) . Mutuum Finance phase 6 presale is currently ongoing with the token being sold for $0.035. Investors buying the token now can expect their portfolios to grow over 400% in the coming months. MUTM presale has raised over $14.4 million in capital and brought in over 15220 token holders to date. While DOGE’s price action captures headlines, analysts are watching a broader mix of projects, from established smart-contract networks to next-generation scaling solution, Mutuum Finance. Dogecoin Falls Short of $1 Expectation Amid Alternative Project Buzz Dogecoin (DOGE) is currently trading at $0.236, holding modest gains despite significant hype and optimistic projections that it could reach $1 in 2025. However, broader market sentiment leans away from DOGE’s speculative meme-driven narrative, with analysts noting its fundamentals may not sustain such lofty targets. As meme coin enthusiasm recalibrates, attention is turning toward emerging DeFi platforms like Mutuum Finance (MUTM) as potential alternative opportunities. Presale Phase 6 for Mutuum Finance (MUTM) Mutuum Finance presale is getting hot. It has drawn more than 15,220 investors who have deposited a total of more than $14.4 million. The project is now in presale stage 6 priced at $0.035. Mutuum Finance is taking over the crypto market, not through hype but through utility and scale security, with its new dual-lending platform and upcoming USD-pegged stablecoin. Mutuum Finance Bug Bounty Now Open Mutuum Finance has also initiated a Bug Bounty Program where CertiK made the reward amount of $50,000 USDT. It is a four-level reward program i.e., critical, major, minor and low where every level of vulnerability is rewarded. It is yet another feature which shows that Mutuum is leading in establishing trust in the backdrop of good infrastructure and good security. Mutuum Finance Giveaway: $100K Reward Mutuum Finance has created a $100,000 giveaway . 10 lucky winners will receive $10,000 MUTM. The giveaway is available for new project investors and also indicates the efforts of the project to build a long-term and dedicated community. Mutuum Finance liquidity model gives the user convenience of using his or her money in a decentralized lending process from start to finish. Two-model approach taken in the platform offers greater flexibility and efficiency such as Peer-to-Contract and Peer-to-Peer lending models. Mutuum Finance (MUTM) Focus on Security and Stability Mutuum Finance (MUTM) is launching a stablecoin to be pegged to USD on the Ethereum blockchain. It will be a stable and secure investment product to avoid risk and volatility that are usually associated with algorithmic stablecoins. Dual-Lending: Future-Proof DeFi Mutuum Finance pursues a twin-model approach towards achieving maximum flexibility and effectiveness using Peer-to-Contract and Peer-to-Peer lending models. Peer-to-Contract uses self-executing smart contracts, which carry out the lending independently without any human intervention at all. They have been programmed to operate at variable speeds within the market with an unknown interest rate based on the then-prevalent demand and supply of an in-real-time interest. Peer-to-Peer model eliminates middlemen and allows lenders to communicate directly with borrowers. Dogecoin may keep attracting headlines, but the road to $1 is looking increasingly unrealistic without a seismic market shift. Meanwhile, Mutuum Finance is quietly building momentum with a rapidly growing investor base already topping 15,220 holders. Stage 6 presale is live at just $0.035, but the clock is ticking, Stage 7 will lift the price to $0.04, delivering instant upside for early buyers. With $14.4 million already raised, a $100K token giveaway, and a 95.0 CertiK trust score, MUTM is shaping up as the altcoin that could leave DOGE in the dust. Every presale stage has sold out faster than the last, and once this phase closes, cheap entry will be gone for good. Buy now before the next jump, and position yourself where the growth is actually happening. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Ethereum’s institutional inflows surge with BlackRock and Fidelity leading big buys. ETF approvals and record CME ETH futures activity fuel strong momentum toward higher targets. Key $4,000 support zone could define next rally or trigger deeper corrective pullbacks. Ethereum’s price momentum is drawing attention from large institutional players, fueling speculation over the next rally. In recent weeks, major asset managers have stepped in aggressively. BlackRock reportedly acquired $500 million worth of ETH, while Fidelity added more than $56.9 million. This wave of accumulation comes as the cryptocurrency trades near $4,653 , marking a 19% gain over the past week despite a modest daily pullback. Institutional Momentum and ETF Impact Analysts from CryptoELITES note that Ethereum’s historical breakout phases have consistently paved the way for broader altcoin surges. The latest move higher is underpinned by ETF approvals, record CME Ethereum futures activity, and rising demand for decentralized finance infrastructure. Ethereum Price Expectations $8,000? $10,000? Or are we talking $15,000 in this cycle? With ETF inflows, institutional demand, and E… The post Ethereum’s Institutional Buying Frenzy Could Spark $15K Price Target appeared first on Coin Edition .