The global payments system built on SWIFT is nearing collapse, according to Teucrium CEO Sal Gilbertie. The executive gave the stark warning during an interview with the Paul Barron Show, where he positioned Ripple and its native XRP token as the likely successors that could change international finance. Gilbertie’s Warning In the interview, Gilbertie asserted that SWIFT, the decades-old network facilitating cross-border bank messages, could be on the brink of failure. He directly linked this potential downfall to Ripple’s activities, especially its potential transformation into a major bank following its recent application for a banking charter and its substantial XRP holdings. “What’s Ripple going to do with its 40 billion XRP given that they filed to be a bank?” asked the executive. “One of the leading theories is they just hold that on their balance sheet, get their banking license, and become a top 20 capitalized bank in the world,” he concluded. The CEO also highlighted how blockchain solves a critical economic inefficiency that banks currently face in international transfers: the need to pre-fund accounts in both the sending and receiving countries. “That all goes away,” he told host Paul Barron. “The blockchain is literally going to unlock a lot of frozen money on the banks’ balance sheets… Nobody seems to be talking about that.” And according to him, a tangible shift of bank volume from SWIFT to Ripple’s blockchain could have a profound effect on the system. “As SWIFT breaks down and ISO 20022 comes into play… when Ripple flips all the switches and all these NDAs they talk about come alive… you start seeing banks announce ‘we did this much on the blockchain ledger in terms of moving your money, and we did this much on SWIFT, and SWIFT is going down and blockchain’s going up,’ I think that’s a big deal.” The asset manager, whose firm launched the first-ever leveraged XRP exchange-traded fund (ETF) in the U.S. in April, also predicted that the Securities and Exchange Commission (SEC) could approve spot XRP ETFs before the end of the year. XRP Price Wobbles as Market Corrects Despite Gilbertie’s bullish outlook, XRP has faced renewed volatility. As of August 18, the token is trading at an 11-day low at just under $3.00, after dropping 4.6% of its value over the past 24 hours and 9.1% in the last week, according to CoinGecko data. Analysts warn that the token’s near-term trajectory depends on reclaiming critical resistance levels. Popular trader Ali Martinez said on X that failure to move above $3.30 could expose XRP to a decline toward $2.60, while maintaining support at $2.81 is necessary to preserve its bullish structure. For now, the asset is trading at about 18% below its July all-time high of $3.65, though it remains up by more than 425% year-on-year. The post XRP Over SWIFT: Teucrium CEO Sees Ripple Leading International Finance appeared first on CryptoPotato .
The altcoin market has been punished over the last few days, with a lot of altcoins suffering retracements of more than 10% since the Bitcoin all-time high was achieved last Thursday. Has this correction come to its end? Would this be a good time to buy? Bull market in critical phase When buying anything at this stage of the bull market it must be borne in mind that there are no guarantees that the market will continue to rise. The last bull market that ended in early November of 2021 left many investors and traders trapped at the top as they waited for a blow-off top that never really came. The current bull market is in a critical phase as the bulls still try to break the shackles that will release them into a potentially violent uptrending market. If they don’t break those shackles, could the market be making a top right now? It’s in this kind of situation that fortune favours the brave. If there is a next glorious phase of the bull market to come, buying now could turn into a great move. That said, how many will have the conviction to do so? Total3 chart: Bounce or crash? Source: TradingView The Total3 chart (the combined market capitalization of all cryptos, excluding $BTC and $ETH) shows that the altcoins are on the edge of a potential precipice. The bull flag continuation patterns have all led to the price being pushed to its current level, from where it will either bounce, or come crashing down through the mini trendline (faint dotted line). At the bottom of the chart, the Stochastic RSI indicator lines are shaping to cross up. If they do so by the end of the week, this would be a bullish signal for the market. Bitcoin dominance test of trend break? Source: TradingView The Bitcoin dominance chart (BTC.D) always needs to be consulted in order to gain a better perspective on the altcoins and this is showing that dominance has dropped below the ascending trendline that goes all the way back to the end of 2022. The chart would suggest that dominance could be retesting the bottom of the trendline, and that a fall down to 57% could be on the cards. This could provide a major boost to the altcoins. A good place to buy Solana ($SOL)? Source: TradingView For a safer play, $SOL is one of the major layer one tokens that has come down to support, and could fall through this to perhaps touch and then bounce from the bottom of the triangle. If longing $SOL from either of these two areas a stop loss just below support/trendline would be a good idea. There are plenty of other altcoins that are at, or coming down to some good buy zones. Will fortune favour the brave that buy them, or will they get crushed by the bears again? This market will turn. It just remains to be seen if there is going to be a bit more downside. 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.
After a dip in early 2025, the meme coin market has rebounded sharply, climbing nearly 50% since April to reach a market cap of about $68.2B. As this momentum builds, Grok predicts Solana could be one of the biggest beneficiaries, and for good reason. According to CoinGecko’s Q1 crypto industry report, Solana dominated decentralized exchange trading in the first quarter, capturing 39.6% of volumes and accounting for 52% of all on-chain trades . Much of this surge was fueled by the explosive launch of $TRUMP, proving that rapid meme coin cycles can funnel massive liquidity into Solana. Meanwhile, Pump.Fun, Solana’s leading meme coin launchpad, has deployed over 12M tokens to date , with revenues climbing steadily toward 4.6M $SOL. All in all, with meme trading accelerating, Solana’s network revenue is poised for even greater growth. That’s why Grok believes $SOL could soon march toward – and potentially break past – the long-awaited $300 milestone in the months ahead. And for those looking to amplify this trend, one standout presale altcoin – Snorter Token ($SNORT) – may offer the best way to ride Solana’s upward momentum. Solana ETF Momentum and Institutional Tailwinds Grok also highlighted that several major investment firms, including Grayscale, Bitwise, 21Shares, and Franklin, have filed for spot Solana ETF registrations with the SEC, with the final decision deadline set for October 10, 2025. Bloomberg analyst James Seyffart estimates a 95% chance these ETFs will be approved , while prediction market Polymarket is pricing in a staggering >99% probability of approval by year-end. The launch of Solana ETFs would not only attract fresh retail capital but also significantly strengthen liquidity and cement Solana’s institutional legitimacy. On top of that, the recent 401(k) retirement plan amendment , which now allows direct crypto allocations, could funnel even more inflows into Solana. As retirees and long-term investors look beyond Bitcoin and Ethereum, Solana’s growth trajectory and expanding ecosystem make it a natural candidate for diversification, positioning it as one of the most attractive digital assets for steady capital inflow. Solana Technical Analysis Solana has been on a steady climb since early April, surging nearly 90% and consistently respecting its upward-sloping trendline. Recently, $SOL formed a double top at $205, with strong support around $167, which is the base of the trendline. If it rebounds from this trendline and breaks above the double top, the next key target lies at ~$260. And with momentum on its side, $SOL could finally push beyond the long-awaited $300 mark by the end of the year. When we asked Grok how to best capitalize on this bullish setup, it pointed directly to Snorter Token ($SNORT) as the best altcoin to buy right now . After all, as Solana’s growth fuels a broader altcoin rally and sparks a new wave of meme coin trading, a Telegram-based trading bot like Snorter becomes invaluable. What Is the Snorter Token? The Snorter Token ($SNORT) is the native cryptocurrency of the Snorter Telegram trading bot, a platform built specifically for small meme coin traders. In the past, most of the liquidity and profits in new meme coins were captured by large institutions with access to advanced trading tools and algorithms. That is changing now. With the Snorter bot, you can place buy, sell, stop, and limit orders directly on Telegram, and they’re then executed the moment liquidity becomes available. Simply put, Snorter levels the playing field and allows retail investors to compete with bigger players. The bot will initially launch with full Solana support, but it will soon expand to other major blockchains, including Ethereum, BNB Chain, Base, and Polygon, ensuring class-leading accessibility and seamless cross-chain compatibility. Snorter Bot’s Top-Notch Security Snorter has been built with investor safety at its core, incorporating advanced security measures to protect against the most common crypto scams. The bot features honeypot detection, rug pull protection, and hidden sell blockers, ensuring users avoid the traps that plague much of the meme coin market. It’s also designed to counter more sophisticated exploits such as sandwich attacks. In these attacks, malicious actors front-run a victim’s trade by placing a buy order with a higher gas fee, forcing their transaction to execute first. This drives up the price, increasing slippage for the victim, before the attacker immediately sells to pocket the difference. To neutralize this, Snorter uses MEV-resistant relayers and routes buy orders outside of public mempools , preventing attackers from detecting large trades and eliminating the risk of sandwich manipulation. On top of its security framework, Snorter offers an intuitive dashboard where you can manage your entire portfolio in one place. It also supports copy trading, allowing you to replicate the strategies of successful traders and potentially earn while you learn. For beginners, this creates a rare combination of education and profit-making opportunities. Why Should You Buy the $SNORT Token? Snorter Token ($SNORT) is the backbone of the Snorter trading bot, delivering a powerful set of benefits for its holders. To begin with, holders enjoy reduced transaction fees of just 0.85%, compared to 1.5% for non-holders. Buying $SNORT also lifts daily sniping limits and unlocks advanced trading analytics, giving investors a smoother, more efficient trading experience without unnecessary restrictions. In addition, holders can stake their tokens and earn dynamic returns, currently yielding an impressive 138% annually. It’s worth noting that this rate will gradually decline as more investors join the presale, so hop in as early as possible. Snorter Token is currently in presale, with each token available at just $0.1017. It has already raised over $3.19M so far, cementing its place as one of the best crypto presales around. And as per our $SNORT price prediction , the token could hit $0.94 by the end of this year alone, meaning you can make a brain-melting 800% ROI. Visit Snorter Token’s official website for more information. Wrapping Up Solana is primed for a fresh all-time high, fueled by booming meme coin trading and the strong likelihood of a Solana ETF approval by late 2025. As meme coin activity accelerates, the demand for a reliable trading tool to capture liquidity opportunities will only grow stronger. This is where Snorter Token ($SNORT) comes in. It gives investors the speed, security, and edge they need to ride Solana’s next big rally. However, keep in mind that none of this is financial advice. Investments in crypto are highly risky, so you must always do your own research before investing.
Despite Bitcoin’s recent drop, analysts predict a potential bull run driven by favorable macroeconomic events, including a likely U.S. interest rate cut. Key indicators suggest renewed investor interest in cryptocurrencies.
Digital asset investment products recorded $3.75 billion in inflows last week, the fourth-largest on record, signaling a sharp rebound in institutional appetite after weeks of muted sentiment. Key Takeaways: Crypto investment products drew $3.75B in inflows last week, pushing AuM to a record $244B. Ethereum dominated with $2.87B, outpacing Bitcoin’s $552M and setting a new record for Ether ETF volumes. The U.S. drove 99% of flows, while spot Bitcoin and Ether ETFs saw $40B in trading volume in just four days. The surge was highly concentrated, with iShares capturing the bulk of the flows through a single product, according to a Monday report from CoinShares . Total assets under management (AuM) climbed to a record $244 billion on August 13, boosted by price gains across major cryptocurrencies. US Accounts for 99% of $3.75B Crypto Inflows The United States dominated activity, accounting for 99% of inflows ($3.73 billion). Canada ($33.7 million), Hong Kong ($20.9 million), and Australia ($12.1 million) posted smaller contributions, while Brazil and Sweden recorded outflows of $10.6 million and $49.9 million, respectively. Ethereum led the charge with $2.87 billion in inflows, representing 77% of the weekly total and pushing its year-to-date inflows to a record $11 billion. By comparison, Bitcoin drew $552 million last week, with YTD inflows representing just 11.6% of its AuM versus Ethereum’s 29%. Other altcoins also attracted strong interest. Solana saw $176.5 million in inflows, and XRP $125.9 million. Meanwhile, Litecoin and Ton suffered small outflows of $0.4 million and $1 million, highlighting a continued concentration of investor interest in larger-cap digital assets. Notably, spot Bitcoin and Ether ETFs recorded their busiest week ever, according to Bloomberg ETF analyst Eric Balchunas. In just four trading days, trading volumes hit $40 billion, with Ether ETFs accounting for $17 billion — a new weekly record. “ETHSANITY: Ether ETFs weekly volume was about $17 billion, blowing away [the] record, man did it wake up in July,” Balchunas wrote on X. ETHSANITY: Ether ETFs weekly volume was about $17b, blowing away record, man did it wake up in July. It's like it was asleep for 11mo and then crammed 1yr worth of action into 6wks. pic.twitter.com/uC5j91x78G — Eric Balchunas (@EricBalchunas) August 15, 2025 Nate Geraci, president of ETF firm NovaDius, echoed the sentiment, noting that spot Ether ETFs “absolutely obliterated” their prior record. He added: “Wonder if there are any ‘no demand’ naysayers still out there.” Grayscale Moves Forward With Dogecoin ETF Plan As reported, Grayscale is pushing ahead with its bid to launch a Dogecoin exchange-traded fund , revealing the ticker “GDOG” in its latest US Securities and Exchange Commission filing. The company said Friday it plans to rename its existing Grayscale Dogecoin Trust to the Grayscale Dogecoin Trust ETF. If approved, the fund would list on NYSE Arca, which has already filed paperwork to support the listing. “The Shares are expected to be listed on NYSE Arca under the ticker symbol ‘GDOG,’” the filing stated. Grayscale’s proposal enters a crowded field. Competitors Rex-Osprey and Bitwise have also submitted applications for similar products as the SEC weighs dozens of crypto ETF requests. Recent filings cover a wide spectrum, from SOL- to XRP-tracking funds, reflecting a shifting regulatory climate under the Trump administration. The post Crypto Investment Products Hit $3.75B Inflows, AuM Peaks at $244B appeared first on Cryptonews .
BitcoinWorld Bhutan Bitcoin: Strategic $92M Shift Amid Ongoing Sales The fascinating world of cryptocurrency often sees surprising players make significant moves. Recently, the Royal Government of Bhutan made headlines with a substantial shift of Bhutan Bitcoin . This action signals ongoing strategic decisions within the Himalayan kingdom’s digital asset portfolio, drawing attention from across the global financial landscape. What’s Behind Bhutan’s Latest Bitcoin Movement? In a notable development, the Royal Government of Bhutan transferred a staggering 799.69 BTC. This amount is valued at approximately $92.06 million, a truly significant sum in the crypto space. Onchain analysis, particularly from “Onchain Lens” on X, indicates these funds moved into two new wallets. It is highly probable these funds are destined for a major exchange, specifically Binance. This recent transfer is not an isolated incident. Reports suggest Bhutan has been actively selling Bitcoin in recent months, demonstrating a consistent pattern. For instance, a considerable 650 BTC transfer to Binance occurred in July. These methodical movements highlight a clear and consistent approach in Bhutan’s management of its digital currency holdings. Why Is the Royal Government Selling Its Bhutan Bitcoin? The question naturally arises: what motivates these consistent Bhutan Bitcoin sales? While official statements are often limited, several strategic factors could be at play: National Diversification: Governments typically aim to diversify their national reserves to mitigate risk. Converting volatile assets like Bitcoin into more stable fiat currencies or other traditional investments could be a prudent, long-term strategic move. Funding Development Projects: Proceeds from these substantial crypto sales could be channeled directly into various national development projects. This might include crucial infrastructure upgrades, educational initiatives, or improvements in healthcare services, providing tangible and immediate benefits to the Bhutanese people. Optimizing Market Timing: Like large institutional investors, governments might attempt to sell during periods of perceived market strength or when Bitcoin prices are particularly favorable. This approach aims to maximize the financial returns from their initial investments. These actions demonstrate a sophisticated understanding of both market dynamics and the imperatives of national financial planning. It showcases a forward-thinking approach to leveraging digital assets. How Has Bhutan’s Crypto Strategy Evolved? Bhutan’s involvement with Bitcoin dates back further than many realize. The country reportedly began accumulating Bitcoin when prices were significantly lower, possibly as early as 2019. This long-term foresight allowed them to accumulate a substantial stash before the major bull runs, positioning them advantageously. Their overarching strategy appears to be one of calculated accumulation during market dips and strategic divestment during peaks or when funds are critically needed for national objectives. This proactive and deliberate management of Bhutan Bitcoin assets positions the kingdom as a unique and intriguing player among sovereign entities in the global crypto arena. The inherent transparency offered by blockchain analytics allows observers to track these large movements with unprecedented clarity. This provides valuable insights into the kingdom’s financial operations, a level of openness often unparalleled in traditional government financial activities. What Are the Broader Implications of Bhutan’s Bitcoin Moves? Large-scale sales by sovereign entities like Bhutan can sometimes influence market sentiment, although the direct impact of 799 BTC on a multi-trillion dollar market is usually minimal in the long run. However, these moves do underscore several broader trends in the cryptocurrency space: Growing Government Adoption: It unequivocally reaffirms that governments are not just observing but actively engaging with and managing cryptocurrency assets. This moves beyond mere speculation and into practical application. Strategic Liquidation for Goals: It highlights that even early and successful adopters are willing to liquidate portions of their holdings. This is done for specific financial or developmental goals, demonstrating the practical utility of these assets. Enhanced Transparency: The public nature of blockchain data allows for unprecedented insight into large institutional movements. This fosters greater understanding of market flows and participants. These sales are not necessarily a bearish signal for the broader market. Instead, they can be interpreted as a sign of maturing institutional involvement in the crypto ecosystem. They emphasize the practical utility of digital assets for national finance and economic development. Concluding Thoughts on Bhutan’s Astute Bitcoin Journey The recent transfer of Bhutan Bitcoin holdings serves as a compelling example of a nation strategically managing its digital assets. From early, visionary adoption to methodical, calculated divestment, Bhutan demonstrates a thoughtful and pragmatic approach to leveraging cryptocurrency for national benefit. Their actions provide valuable insights into how sovereign entities might successfully integrate volatile digital assets into their broader financial strategies, emphasizing both the immense potential for gains and the crucial need for careful, informed management. This makes Bhutan a fascinating case study in the evolving landscape of state-level crypto engagement. Frequently Asked Questions (FAQs) 1. What is the Royal Government of Bhutan doing with Bitcoin? The Royal Government of Bhutan is strategically managing its Bitcoin holdings, which includes periodic transfers and sales, likely to fund national development projects or diversify national reserves. 2. How much Bitcoin did Bhutan recently move? Bhutan recently moved 799.69 BTC, valued at approximately $92.06 million, into new wallets, with indications that the funds are headed to Binance. 3. Why is Bhutan selling its Bitcoin holdings? Bhutan’s sales are likely driven by a strategy to diversify national assets, fund public projects, and optimize returns by selling during favorable market conditions. 4. When did Bhutan first acquire Bitcoin? Reports suggest Bhutan began accumulating Bitcoin as early as 2019, positioning them as an early sovereign adopter of the cryptocurrency. 5. What are the broader implications of Bhutan’s Bitcoin sales? These sales signify growing government engagement with crypto, demonstrate strategic liquidation for national goals, and highlight the increased transparency offered by blockchain data for large institutional movements. If you found this insight into Bhutan’s strategic Bitcoin movements valuable, share this article with your network! Help us spread awareness about the evolving role of cryptocurrencies in national economies. To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bhutan Bitcoin: Strategic $92M Shift Amid Ongoing Sales first appeared on BitcoinWorld and is written by Editorial Team
In a recent announcement, Binance Wallet is set to kick off the Mitosis (MITO) Booster event, which will commence on August 19, 2025, at 8:00 AM Beijing time. This initiative
Dogecoin founder Billy Markus humorously critiques the 2025 crypto market, suggesting that assets often crash instead of reaching new all-time highs (ATHs), highlighting the volatility inherent in cryptocurrency investments. Markus
Solana recorded 107,540 transactions per second on mainnet over the weekend, marking what developers claim as the first time a major blockchain has achieved 100,000 TPS. Helius co-founder Mert Mumtaz announced the milestone on social media, crediting developer “dr cavey phd” for executing the stress test that pushed Solana’s throughput to six figures. Solana just did 107,540 TPS on mainnet yes, you read that correctly over 100k TPS, on mainnet good luck bears pic.twitter.com/nGF9Q1b86c — mert | helius.dev (@0xMert_) August 17, 2025 Stress Test Reveals Theoretical Network Capacity Limits The achievement occurred during a high-load test involving predominantly “noop” program calls. These lightweight operations satisfy Solana’s requirement for transactions to include at least one instruction without performing meaningful computation or state changes. Block 360650523 contained 43,016 successful transactions and 50 failed ones during the record-breaking session. bleh, close enough without modding validator to ignore votes + other high value txns. last three are >100k TPS (caused helius node to lag but only a little bit lol) solscan link below https://t.co/Ju1uqPMlFZ pic.twitter.com/4gsGuyCaj9 — dr cavey phd (@cavemanloverboy) August 17, 2025 Mumtaz argued that despite the test nature of these transactions, the achievement validates Solana’s theoretical capacity for handling 80,000-100,000 TPS in real-world operations, including transfers and oracle updates. The developer emphasized that Solana’s cost model calculation includes factors beyond execution compute units, such as signature verification and data loading overhead. Solana’s actual daily throughput remains significantly lower than the stress test figures. Current TPS sits around 3,600 according to Solscan , though approximately two-thirds of these transactions are validator voting messages required for consensus participation rather than user-initiated activities. Source: SolScan Real user transaction throughput on Solana averages 900 to 1,050 TPS. The network continues deriving most activity from memecoin trading, especially from existing launchpads like Pump.fun and new ones like Let’sBonk. Technical Reality Behind the Numbers Game The 100K TPS milestone primarily consisted of no-operation program calls designed for stress testing rather than meaningful blockchain operations. These transactions do not transfer tokens, alter state, or execute complex smart contract functions that define typical blockchain usage. Solana validators must regularly submit vote transactions to participate in network consensus, with hundreds of validators voting multiple times per slot. These consensus messages inflate reported TPS figures but do not represent user-facing financial activity or decentralized application interactions. Analysis indicates Solana’s realistic maximum for meaningful work reaches approximately 10,000 TPS, though regular usage typically operates well below this threshold. The blockchain’s architecture requires all transactions to include at least one instruction, making noop calls necessary for operations that otherwise would not need computational work. Payment networks like Visa process 24,000 TPS, and Mastercard handles 5,000 TPS under real-world conditions, both exceeding any public blockchain’s sustained performance for actual financial transactions. Source: Meysam M. on LinkedIn Layer 2 solutions on Ethereum can spike to tens of thousands of TPS but require off-chain aggregation rather than single-chain throughput. Comparative analysis places Solana ahead of other major blockchains for real user transactions, with Sui achieving approximately 854 TPS, Binance Smart Chain reaching 378 TPS, and Polygon managing 190 TPS. Ethereum mainnet processes only 22 TPS, though Layer 2 solutions significantly improve performance. Market Context Amid Protocol Upgrade Discussions The TPS milestone occurred as Solana validators prepare to vote on SIMD-0326 , the Alpenglow protocol upgrade that would replace the current TowerBFT consensus mechanisms with a system targeting 100-150 millisecond block finality. The upgrade introduces direct voting and signature aggregation to reduce bandwidth overhead from current gossip traffic. Solana votes on Alpenglow upgrade to cut block finality from 12.8s to 150ms, replacing TowerBFT consensus with revolutionary voting protocol targeting Web2-level performance. #Solana #Blockchain https://t.co/jn0mt6DTCt — Cryptonews.com (@cryptonews) August 17, 2025 Alpenglow’s Votor protocol would eliminate on-chain vote transactions that currently inflate TPS figures, implementing off-chain voting with a 1.6 SOL per epoch Validator Admission Ticket fee. The upgrade addresses performance limitations that impose 12.8-second finality delays without formal safety guarantees. Notably, SOL token is trading around $180 at the time of writing, though it remains down 38% from January’s $293 all-time high. The SEC has also recently extended review periods for Bitwise and 21Shares Solana ETF proposals to October 16, with Bloomberg analysts expecting approval by mid-October. However, despite these, open interest in SOL derivatives increased near record $12 billion levels, indicating long-term positioning for continued uptrend momentum. Source: CoinGlass The network’s memecoin-focused activity continues driving transaction volume, with decentralized finance applications approaching previous value highs despite broader market corrections. For the new proposal, validators face mixed sentiment about Alpenglow implementation costs and technical risks during the current bull market cycle. The post Solana Achieves Historic 100K TPS Milestone, Developer Claims Blockchain First appeared first on Cryptonews .
CMB International has launched 24/7 crypto trading in Hong Kong, allowing qualified investors to trade Bitcoin, Ethereum, and Tether via the CMBI mobile app. This marks a significant step in