Bitcoin surged to a fresh record on Thursday, lifted by mounting expectations that the US Federal Reserve will soon ease monetary policy and bolstered by momentum from recent financial reforms. The world’s largest cryptocurrency by market value rose 3.6% to $124,457, during early Asian trading, crossing the previous peak set in July. Ether , the second-largest digital asset, also advanced, touching $4,780.04, its strongest level since late 2021. $BTC is now the 5th largest asset in the world by market cap, surpassing Google. $BTC – 2.456T $GOOG – 2.450T pic.twitter.com/THBXQsiXBR — CoinGecko (@coingecko) August 14, 2025 Trump Support, Rate-Cut Expectations Add Fuel to Bitcoin’s Climb Bitcoin has now gained nearly 32% in 2025, supported by regulatory wins for the crypto sector following President Donald Trump’s return to the White House. Trump, who calls himself the “crypto president,” and his family have deepened their involvement in the industry over the past year. Markets are almost fully pricing in a Fed rate cut on Sept. 17, reports show, with a small chance placed on a larger half-point reduction. Trump has been openly critical of Fed Chair Jerome Powell for holding rates steady for too long and has even threatened to remove him before his term ends in May. Adding to the speculation, Treasury Secretary Scott Bessent said on Wednesday that the Fed should deliver a “series of rate cuts” and could begin with a half-point move. Such policy shifts, analysts say, could provide further tailwinds for risk assets, including cryptocurrencies. Continued ETF inflows, supportive regulatory signals and strategic corporate moves have reignited the rally, paving the way for Bitcoin’s climb above its previous high of $123,091, registered on July 14, according to data from CoinMarketCap. Bitcoin ETFs Hold Steady Amid Strong Weekly Inflows Spot Bitcoin ETFs recorded a daily net inflow of $86.91m on Aug. 13, according to SoSoValue data , bringing cumulative net inflows to $54.76b since launch. Total net assets for US spot Bitcoin ETFs now stand at $156.69b, representing about 6.48% of Bitcoin’s market cap. BlackRock’s iShares Bitcoin Trust leads with $89.11b in net assets, followed by Fidelity’s FBTC at $24.77b. The rise in inflows for Bitcoin ETFs points to a shift in institutional strategy, with large investors treating the two as complementary assets rather than rivals. The diversification helps mitigate asset-specific risks while allowing participation in the distinct growth narratives of each network. Institutional Interest in Bitcoin Remains Strong Alongside strong demand for Bitcoin ETFs, corporations and institutions are steadily expanding their BTC holdings. According to data from BitcoinTreasuries.net, a total of 3.65 million BTC is currently held by various entities, with the largest share in ETFs and other funds, followed by public companies, governments, private companies, DeFi/smart contracts, and exchanges/custodians. The site tracks 291 entities holding Bitcoin, an increase of 16 over the past 30 days. The United States leads with 99 entities, followed by Canada (43), the United Kingdom (20), Germany (10), and China (9). Source: BitcoinTreasuries.net Trump Administration Pushes Pro-Crypto Agenda The new ATH also comes as the Trump administration advanced its pro-crypto agenda last week with a series of policy and regulatory moves. President Trump signed an executive order urging regulators to remove barriers that prevent 401(k) plans from including alternative assets such as cryptocurrencies. If implemented, the reforms could allow millions of Americans to allocate retirement funds to Bitcoin and other digital assets through regulated channels. Trump also nominated economist Stephen Miran , a digital asset advocate, to the Federal Reserve Board of Governors, signaling continuity in his administration’s pro-crypto stance. In a separate executive order, Trump moved to end “debanking” practices that target lawful crypto firms. The Blockchain Association praised the measures as a “historic shift” that would expand consumer choice, empower wealth-building, and reduce operational barriers for blockchain businesses. The SEC added to the positive momentum by clarifying that certain liquid staking models, such as those involving receipt tokens like stETH, are not securities. SEC Chair Paul Atkins reinforced his commitment to keeping crypto innovation in the US, pledging a proactive approach to regulation and a shift away from enforcement-led policymaking. Market Sentiment and Future Outlook Bitcoin market sentiment remains firmly in “Greed” territory, with the Fear & Greed Index currently at 75, according to data from Alternative.me as of Aug. 14. This marks a slight uptick from yesterday’s reading of 73 and a notable rise from last week’s 62, though it is up from last month’s “Greed” score of 73. Source: Alternative.me The index, which measures investor sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Greed), suggests continued optimism among traders despite recent market fluctuations. The index’s upward momentum over the past week reflects sustained buying interest and confidence in the broader crypto market, likely fueled by strong ETF inflows and institutional participation. While sentiment is not yet in the “Extreme Greed” zone, the current level signals that investors remain bullish, potentially increasing the risk of overbought conditions if the rally accelerates further. The post Bitcoin Climbs to New High Above $124K as Fed Rate-Cut Hopes Build appeared first on Cryptonews .
Coinbase is driving a major leap in USDC adoption on Solana, locking it as the default stablecoin across Squads’ core products, powering next-gen decentralized finance. Coinbase Just Hit the Gas on USDC Adoption Across Solana’s Core Layers Crypto exchange Coinbase (Nasdaq: COIN) and onchain infrastructure provider Squads announced on Aug. 13 a strategic agreement aimed
BitcoinWorld Stablecoins: Revolutionary Path to Sharply Cut Financial Costs The world of finance is constantly evolving, and at its forefront, Stablecoins and decentralized finance ( DeFi ) are emerging as powerful tools poised to dramatically reshape how we conduct transactions and access credit. Imagine a financial system where every dollar you spend or borrow carries significantly lower fees. This isn’t a distant dream; experts suggest it’s becoming a tangible reality, promising to alleviate immense economic friction within the global economy. How Stablecoins Reduce Economic Friction ? Jamie Coutts, the Chief Crypto Analyst at Real Vision, recently highlighted on X the immense potential of stablecoins. He posits that these digital assets, pegged to stable values like the US dollar, could eliminate trillions in economic friction that currently weigh down global commerce. This reduction in friction brings several compelling benefits: Boosting Merchant Profit Margins: By cutting down on traditional payment processing fees, businesses can retain a larger portion of their sales. Enabling New Value Transfers: Stablecoins facilitate micro-transactions and cross-border payments more efficiently and affordably than conventional methods. Accelerating Monetary Circulation: Faster and cheaper transactions mean money moves through the economy more rapidly, stimulating economic activity. This efficiency can unlock significant value, making commerce more fluid and profitable for everyone involved, directly addressing inherent financial costs . Can DeFi Sharply Cut Your Credit Costs ? Beyond stablecoins, the decentralized finance (DeFi) ecosystem is also emerging as a major disruptor, particularly in the realm of credit. Coutts emphasized that DeFi is set to sharply reduce credit costs , citing supporting data from the International Monetary Fund (IMF). This shift promises more affordable borrowing options for individuals and businesses alike. Consider the tangible impact already visible in the United States. Blockchain providers are now offering home equity lines of credit (HELOCs) at rates more than 1% cheaper than those from traditional financial institutions. With an impressive $11 billion already outstanding in these blockchain-powered HELOCs, the market is clearly responding to these more competitive rates. What Global Economic Value Can We Unlock by Reducing Financial Costs ? The combined impact of stablecoins reducing transaction friction and DeFi lowering credit costs is truly monumental. Jamie Coutts estimates that this synergistic effect could unlock up to a staggering $1 trillion in global economic value each year. This isn’t just about saving a few dollars here and there; it’s about fundamentally reshaping the cost structure of global finance. Imagine the ripple effect: businesses can invest more, consumers have more disposable income, and capital can be deployed more efficiently across industries. The reduction in these inherent financial costs acts as a powerful stimulant for economic growth, fostering innovation and creating new opportunities worldwide. This innovative approach helps to mitigate overall economic friction . In conclusion, the insights from Jamie Coutts underscore a pivotal shift in the financial landscape. Stablecoins and DeFi are not just niche technologies; they are powerful engines capable of dismantling outdated, inefficient financial structures. By sharply reducing economic friction and credit costs , these innovations promise a future where finance is more accessible, affordable, and efficient for everyone. The journey towards unlocking trillions in economic value has truly begun, signaling a bright future for the global economy. Frequently Asked Questions (FAQs) Q1: What are stablecoins? Stablecoins are a type of cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency like the US dollar or a commodity like gold. This stability makes them suitable for transactions, savings, and lending, avoiding the volatility often associated with other cryptocurrencies. Q2: How do stablecoins reduce economic friction? Stablecoins reduce economic friction by offering faster, cheaper, and more efficient payment processing compared to traditional banking systems. This leads to lower transaction fees for merchants, quicker settlement times, and easier cross-border transfers, boosting profit margins and accelerating monetary circulation. Q3: What is DeFi, and how does it lower credit costs? DeFi, or decentralized finance, refers to financial services built on blockchain technology that operate without traditional intermediaries like banks. DeFi platforms can lower credit costs by streamlining the lending process, reducing overheads, and fostering competition, leading to more competitive interest rates for borrowers. Q4: What is the estimated global economic impact of these innovations? According to Jamie Coutts, the combined impact of stablecoins and DeFi could unlock up to $1 trillion in global economic value each year. This is achieved by significantly reducing overall financial costs and improving the efficiency of capital flow. Q5: Are there real-world examples of DeFi reducing credit costs? Yes, in the U.S., blockchain providers are already offering home equity lines of credit (HELOCs) at rates more than 1% cheaper than traditional options, with billions of dollars already outstanding. This demonstrates a tangible reduction in credit costs for consumers. Did you find this analysis insightful? Share this article on your social media to help others understand the revolutionary potential of stablecoins and DeFi in transforming global finance! To learn more about the latest crypto market trends, explore our article on key developments shaping blockchain technology and its future impact. This post Stablecoins: Revolutionary Path to Sharply Cut Financial Costs first appeared on BitcoinWorld and is written by Editorial Team
HTX, a leading global crypto exchange, is celebrating its 12th anniversary with a landmark initiative, the Crypto Gem Hunt: Special Edition . As the crypto market enters a new value discovery cycle in 2025—driven by favorable policies, technological advancements, and new all-time highs for Bitcoin—HTX is empowering users to seize the next wave of growth. Guided by the principles of value selection, trend forecasting, and potential discovery, this report highlights 12 high-quality tokens with strong long-term potential and significant market appeal. Spanning dynamic sectors like Meme, AI, NFT, RWA, stablecoins, and public chain ecosystems , it serves as a comprehensive asset guide for the next crypto cycle. 12 Cryptos in a Nutshell: Covering Diverse Sectors and Balancing Hot Trends with Long-Term Value 1. Leading Sectors | Meme and AI: The Perfect Blend of Technology and Community Sentiment ● TRUMP (SOL MEME) Launch Date: January 18, 2025 | Gain: 850% This project merges real-world political discourse with crypto narratives. Drawing on the political influence of President Donald Trump, $TRUMP fuses meme culture with current events to spark strong community consensus and viral growth. It stands as a distinctive political-culture meme project with a compelling story. ● FARTCOIN (SOL MEME) Launch Date: October 23, 2024 | Gain: 8844% A fully community-driven meme coin on the Solana network, Fartcoin draws inspiration from Truth Terminal. It surged in popularity with a staggering peak gain of 8,844%, serving as a powerful catalyst for market sentiment and showcasing the explosive growth potential of the Meme economy. ● ACTSOL (AI MEME) Launch Date: April 2, 2024 | Gain: 12,079.5% Combining the powerful narratives of AI and Memes, ACTSOL (Act I: The AI Prophecy) saw astonishing gains. The project showcases a compelling narrative between technological innovation and market sentiment. It is also one of the projects that interacts with artificial intelligence in an egalitarian network manner. ● MOODENG (SOL MEME) Launch Date: September 23, 2024 | Gain: 961.5% $MOODENG is a hippo-themed meme coin built on the Solana chain. Inspired by Moo Deng, a pygmy hippo from Thailand beloved worldwide for its charming looks and playful antics, the token rapidly captured the hearts of Meme communities around the globe. It has quickly risen to become one of this year’s standout projects in the Meme space. 2. NFT & RWA Sectors | Leading Projects Show Signs of Recovery ● PENGU (Pudgy Penguins) (NFT/Digital IP) Launch Date: December 23, 2024 | Gain: 520% The Pudgy Penguins NFT collection, originally launched on Ethereum in July 2021, features 8,888 unique penguin avatars known for their strong intellectual property (IP) attributes and deeply engaged community. Its huge popularity stems from a robust digital IP and an avatar-driven community economic model. ● ONDO (RWA) Launch Date: January 18, 2024 | Gain: 262.1% As a benchmark RWA project, ONDO leads the trend of tokenizing real-world assets and enjoys strong institutional support. Since its launch on HTX, its price has surged from $0.58 to $2.10, marking a gain of 262.1%. By bridging real-world assets with blockchain technology, ONDO is unlocking new opportunities at the intersection of traditional finance and Web3. 3. Steady-Growth Sectors | Stablecoins and Governance Tokens: Explorers Navigating Asset Backing and Favorable Policy Trends ● USD1 (Stablecoin/Regulated Payment) Launch Date: May 6, 2025 | Price: Stable USD1, a new stablecoin, officially debuted on HTX in May. In August, HTX announced a partnership with World Liberty Financial (WLFI), becoming one of the first key partners for its USD1 Points Program. This program is the world’s first rewards system designed specifically for the USD1 stablecoin, enabling users to earn points by trading, holding, or staking USD1. WLFI was co-founded by U.S. President Trump and his family, and USD1 is a fully backed, compliant stablecoin supported by short-term U.S. Treasury bills, dollar deposits, and cash equivalents. This backing ensures the token’s high transparency and financial stability. This project is well-positioned in the growing trend of stablecoin regulation. ● HTX (Governance Token) Launch Date: January 20, 2024 The HTX token, pivotal to HTX DAO, plays a crucial role as a dedicated supporter of the visionaries driving decentralized economy advancements, making it an integral part of future blockchain ecosystem developments. Within the HTX DAO ecosystem, the HTX token serves various functions, facilitating transactions, offering fee discounts, and granting access to exclusive ecosystem features and services. HTX token holders actively participate in decentralized governance through voting, emphasizing inclusivity. 4. Public Chain & Derivative Asset Sectors | Key Infrastructure of Major Public Chains ● ETH (ETH ECO) Launch Date: April 9, 2018 As the world’s largest smart contract platform, Ethereum serves as the core infrastructure for multiple sectors, including DeFi, NFTs, AI, and RWAs. Its long-term strategic importance is irreplaceable. ETH, the largest and most recognized mainstream cryptocurrency, has maintained a steady upward trajectory, making it a key asset for risk-averse investors and a cornerstone of stable-growth portfolios. ● TRX (TRON) Launch Date: January 29, 2018 As the core public chain asset of the TRON ecosystem, TRX underpins a comprehensive suite of “Tron Family” products, forming a powerful, functional, and highly active ecosystem. TRON (TRX) is a blockchain-based decentralized operating system developed by the TRON Foundation and launched in 2017. Initially issued as an ERC-20 token on Ethereum, it migrated to its own network a year later. ● SOL (SOLANA) Launch Date: December 1, 2020 A leading high-performance public chain, Solana serves as the backbone for numerous viral Meme projects. Its vibrant ecosystem and active developer community have made it the technical engine driving the meme boom. Solana is an open-source blockchain that leverages its permissionless architecture to deliver powerful decentralized finance (DeFi) solutions. ● SYRUP (STAKING) Launch Date: May 8, 2025 Maple is recognized as an “institutional-grade lending platform for DeFi”. By combining the strengths of traditional institutional lending with decentralized finance (DeFi), Maple has achieved steady, accelerated growth. Serving institutional clients, it provides transparent, over-collateralized, and real-time verifiable loans. Holders of $SYRUP, the native token of Maple, can earn rewards through staking and actively participate in the platform’s growth and development. From Hot Trends to True Value: Guiding Principle for the Crypto Gem Hunt Program With new trends constantly emerging in the crypto market, projects that endure through both bull and bear cycles need more than just good ideas. They require strong ecosystem support, engaged community backing, and a clear path to long-term value. HTX’s Crypto Gem Hunt Program was initiated to uncover such projects. By carefully analyzing popular narratives and key sectors, it has identified high-quality assets that combine market buzz with lasting potential. This curated list serves as a valuable resource for everyone—from traders chasing short-term gains to investors focused on sustainable growth. For twelve years, HTX has upheld its “user-first” principle. Looking ahead, it will continue to identify high-quality assets and promising sectors, enhance its trading experience and ecosystem services, and collaborate with global users to explore new frontiers in the digital economy and discover the next major opportunities for wealth creation. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post 12 Hot Picks! HTX Crypto Gem Hunt (12th Anniversary Special Edition): Discover Premium Assets and Wealth Opportunities for the Next Crypto Cycle first appeared on HTX Square .
Two years after Rain Lõhmus admitted he lost access to a presale wallet, the stash is now worth over a billion, at least on paper.
Summary I maintain a hold rating on DAPP due to resistance at key technical levels and negative seasonal trends despite improved valuation. DAPP has outperformed the S&P 500 since February and offers exposure to digital asset transformation but remains highly volatile and concentrated. Liquidity concerns persist with DAPP, and investors should use limit orders; the fund's high yield is not guaranteed given inconsistent distributions. While DAPP benefits from crypto's rally, especially in ether, the late-Q3 period is historically weak, warranting continued caution for new highs. Ether has taken Wall Street by storm. The Ethereum network's fuel, the digital asset is a medium of exchange and utility token within that ecosystem. Often considered a younger brother of sorts to bitcoin, “ETH” has taken off since notching a sharp low in April. At one point, ether was down 57% on the year, but, after a remarkable comeback, it is now up 34%. That’s above bitcoin’s strong return and better than what spot gold has produced. Tom Lee, Chairman of Bitmine (BMNR), has taken on a similar strategy as Michael Saylor, CEO of Strategy (MSTR). The Fundstrat co-founder now stands behind ether, which has perhaps prompted a fresh wave of optimism across the crypto space. The GENIUS Act was another bullish catalyst. Unfortunately, not everything linked to bitcoin and ether has gone to the moon. Today, I’m revisiting the VanEck Digital Transformation ETF (DAPP). I had a hold rating on the fund back in February , and shares are up a solid 12% since then, outperforming the S&P 500. While the valuation is more favorable, I see resistance on the chart, which keeps me cautious and sticking with a hold rating. Ether Now Beating Bitcoin & Gold In 2025 Stockcharts.com According to the issuer , DAPP aims to invest in companies at the forefront of the digital assets transformation while offering investors diversification through exposure to exchanges, miners, and infrastructure firms. The issuer states that fund offers access to companies that have the potential of earning 50% of revenue from digital assets. DAPP is a small ETF with just $277 million in assets under management as of August 11, 2025. Its annual expense ratio is moderate at 51 basis points, while the trailing 12-month dividend yield is actually high at 3.48%. Share-price momentum has been strong for much of this year, but I will note later that the fund has pulled back from its 2025 high, despite the crypto rally. DAPP is also a highly risky product , given elevated historical annualized volatility trends and a concentrated portfolio. Liquidity can be a concern—its median 30-day bid/ask spread is somewhat wide at 17 basis points, while average daily volume is near 600,000 shares. So, I encourage prospective investors to use limit orders, particularly around the market open. For an update on the portfolio, DAAP plots along the bottom portion of the Morningstar style box, indicating its significant weight to both US and ex-US small caps. I’d call out that 22% of the investment mix is allocated to international equities, which may help from a diversification perspective. I also like that the price-to-earnings ratio has retreated to just 21.4x, likely due to more upbeat EPS expectations for companies held in the fund, now that bitcoin and ether have jumped. DAPP: Portfolio & Factor Profiles Morningstar Zooming in on the sector breakdown, you’ll find that DAPP is deep into the fintech space. The vast majority of the portfolio is invested in crypto mining firms and companies related to providing retail investors with digital currency access. Interestingly, the ETF paid out a significant $0.5808 dividend on December 24, 2024, after two years without distributions. So, the yield is not a guarantee. DAPP: Holdings & Dividend Information Seeking Alpha Turning to seasonality, we are in the throes of what’s usually a tough stretch, affirming my cautious outlook. DAPP has fallen rather sharply, on average, from August through September. I concede that there’s limited price history, so I also pulled a long-term calendar view of bitcoin performance—once again, the back half of the third quarter has not been all that kind to crypto bulls. DAPP: Weak Late-Q3 Trends Seeking Alpha Bitcoin: Often Weak in August and September Barchart The Technical Take With shares potentially more compelling on valuation, but with negative seasonal considerations, DAPP’s technical situation is mixed. Notice in the chart below that resistance is in play at the all-time high from late last year. The fund failed at testing that level during the big Q2 rally that petered out in July. Now, with a bearish negative RSI momentum divergence, the bears are trying to gain control. But take a look at the long-term 200-day moving average. It’s still on the rise despite volatile price action throughout this year and general underperformance to bitcoin (and ether, more recently). Of course, I can’t dismiss the monster rally off the April low. For now, the $15-$16 zone appears to be support, while resistance is apparent between $20 and $21. DAPP: Rising 200dma, but Below the 2024 All-Time High Stockcharts.com The Bottom Line I have a hold rating on DAPP. The crypto-tied equity ETF has more than doubled from the post-Liberation Day nadir, the bulls have their work cut out for them if they want to bring this high-beta fund to new highs amid a weak calendar stretch.
BitcoinWorld Crucial Crypto Perpetual Futures Liquidation: Understanding the Latest 24-Hour Data The cryptocurrency market, known for its rapid movements, often presents both immense opportunities and significant risks. For traders navigating the complex world of derivatives, understanding market dynamics is crucial. One key indicator of market sentiment and volatility is crypto perpetual futures liquidation . This process occurs when a trader’s leveraged position is automatically closed due to insufficient margin to cover potential losses. Over the past 24 hours, we have witnessed substantial liquidation events across major digital assets, offering a stark reminder of the inherent volatility in the perpetual futures space. What Exactly is Perpetual Futures Liquidation? In the high-stakes environment of the cryptocurrency derivatives market , perpetual futures contracts are a popular tool. Unlike traditional futures, they do not have an expiry date, allowing traders to hold positions indefinitely. However, they come with leverage, meaning traders can control large positions with a relatively small amount of capital. This leverage amplifies both potential gains and losses. When the market moves against a leveraged position, and the trader’s margin balance falls below a certain threshold, the exchange automatically closes the position. This is known as liquidation. It serves as a protective mechanism for the exchange to prevent negative balances. These events can trigger cascading effects, especially when large positions are involved, leading to further price movements and more liquidations. A Deep Dive into Recent Crypto Liquidation Data The past 24 hours have revealed significant activity in crypto liquidation , particularly on the short side. This means that a large number of traders who bet on prices falling (short positions) saw their positions closed out as asset prices moved upwards. Let’s break down the key figures: Ethereum (ETH): A staggering $141.80 million in ETH perpetual futures positions were liquidated. A substantial 64.46% of these were short positions. This indicates a strong upward price movement for Ethereum, catching many short sellers off guard. Bitcoin (BTC): Bitcoin saw $129.84 million in liquidations. An overwhelming 89.03% of these were short liquidations. This high percentage highlights a significant short squeeze in the BTC market, as Bitcoin rallied, forcing bearish bets to close. Solana (SOL): Solana experienced $30.01 million in liquidations, with 58.61% being short positions. While lower in absolute terms compared to ETH and BTC, this still represents a notable amount for SOL, suggesting a similar upward trend challenging short positions. These figures collectively paint a picture of a market where bullish momentum prevailed, leading to substantial losses for those holding bearish positions. Understanding these short liquidations provides valuable insight into recent price action and market sentiment. Why Do Short Liquidations Dominate? The prevalence of short liquidations in this 24-hour period suggests a rapid upward price movement, often referred to as a “short squeeze.” When prices begin to rise, short sellers face increasing pressure. As their losses mount, their margin levels deplete. This triggers liquidations, which in turn can push prices even higher as exchanges buy back the underlying asset to close positions, creating a positive feedback loop. This phenomenon is common in volatile markets like cryptocurrency. For traders, this serves as a critical reminder about the risks associated with high leverage, especially when betting against the prevailing market trend. Even seasoned traders can be caught off guard by sudden shifts in momentum. Actionable Insights for Traders Navigating the perpetual futures market requires a robust strategy. Firstly, always manage your risk. High leverage can lead to quick and significant losses. Consider using stop-loss orders to limit potential downside. Secondly, understand market sentiment. While shorting can be profitable, betting against strong bullish trends, especially when driven by significant buying pressure, can be perilous. Finally, keep an eye on liquidation data. Platforms often provide real-time liquidation charts, which can signal potential turning points or confirm strong trends. This data helps you gauge the broader market’s health and the intensity of certain price moves. Concluding Thoughts on Crypto Liquidation The recent crypto perpetual futures liquidation data underscores the dynamic and often unforgiving nature of the cryptocurrency derivatives market. The significant short liquidations across Ethereum, Bitcoin, and Solana highlight a period of strong upward price action, punishing bearish positions. For anyone involved in trading, these events are a powerful lesson in risk management, the impact of leverage, and the importance of adapting to rapid market shifts. Staying informed about these crucial metrics can help you make more informed decisions and potentially avoid becoming another liquidation statistic. Frequently Asked Questions (FAQs) Q1: What are crypto perpetual futures? A1: Crypto perpetual futures are derivative contracts that allow traders to speculate on the future price of a cryptocurrency without an expiry date, often using leverage. Q2: How does crypto liquidation work? A2: Liquidation occurs when a trader’s leveraged position loses too much value, and their margin balance falls below a required level. The exchange automatically closes the position to prevent further losses. Q3: Why were short liquidations so high in the past 24 hours? A3: High short liquidations suggest that the price of the underlying cryptocurrencies moved significantly upwards, catching many traders who had bet on prices falling (short positions) off guard. Q4: What is a “short squeeze”? A4: A short squeeze happens when a rapid increase in an asset’s price forces short sellers to buy back the asset to limit their losses, which further pushes the price up, creating a cascading effect. Q5: How can traders avoid liquidation? A5: Traders can reduce the risk of liquidation by using lower leverage, setting stop-loss orders, monitoring their margin levels closely, and having a robust risk management strategy. Did you find this breakdown helpful? Share this article with your network to help others understand the critical dynamics of crypto perpetual futures liquidation and market volatility! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action . This post Crucial Crypto Perpetual Futures Liquidation: Understanding the Latest 24-Hour Data first appeared on BitcoinWorld and is written by Editorial Team
Wealth management firm Choreo today disclosed that it has invested approximately $6.5 million in various spot Bitcoin (BTC) exchange-traded funds (ETFs). Per official details, the firm manages over $27 billion in total assets. Choreo Reveals Exposure To Bitcoin ETF According to a new filing with the US Securities and Exchange Commission (SEC), Choreo LLC now holds stakes in multiple Bitcoin ETFs. Its largest position is in BlackRock’s iShares Bitcoin Trust ETF (IBIT), with 51,679 shares valued at more than $3 million as of June 30. The firm also holds 22,976 shares of the Grayscale Bitcoin Trust ETF (GBTC), worth around $1.9 million at current market prices. Further, it also holds 8,314 shares of the Grayscale Bitcoin Mini Trust ETF (BTC), valued at nearly $400,000. Additionally, Choreo owns 13,607 shares of the Fidelity Wise Origin Bitcoin ETF (FBTC), valued at approximately $1.3 million. Data from SoSoValue shows that BlackRock’s IBIT leads in total net assets, currently worth $89.11 billion. Notably, spot Bitcoin ETFs recorded four consecutive months of positive inflows, attracting over $17 billion between April and July . In August, however, the ETFs faced a net outflow of $321 million. Meanwhile, the total net assets tied to spot BTC ETFs have surged to over $155 billion. This amount represents 6.48% of BTC’s total market cap. Beyond wealth management firms like Choreo, an increasing number of educational institutions’ endowment funds are also steadily increasing exposure to BTC ETFs. Recently, Harvard disclosed a $117 million stake in BlackRock’s IBIT ETF. Most recently, Norway’s sovereign wealth fund increased its indirect exposure to BTC by 192%, year-on-year. The fund’s total exposure now stands at 7,161 BTC. BTC ETF Euphoria Grips Crypto Market While BTC continues to trade on the verge of a new all-time high (ATH) – exchanging hands at slightly above $120,000 at the time of writing – institutional interest in BTC ETFs has also been rising at a rapid pace. For instance, BlackRock’s IBIT ETF reached a whopping $70 billion in assets under management in under a year, marking a record for rapid adoption of BTC-focused regulated financial products. In the same vein, following US President Donald Trump’s November 2024 election victory, his social media firm – Trump Media – has accelerated its crypto ambitions. Last month, the firm filed for a third ETF, which will track the performance of five different cryptocurrencies. That said, the financial watchdog is carefully evaluating new ETF applications due to the inherent risks of digital assets. At press time, BTC trades at $121,444, up 1.1% in the past 24 hours.
As the crypto market sets for a Q4 rally, several top altcoins are flashing decisive bullish signals. Chainlink, Ethereum, XRP, and an emerging player, MAGACOIN FINANCE, are standing out as some of the best crypto to buy. Chainlink Price Heads to $24: Is $30 Next Chainlink (LINK) has been on a notable run, gaining over 51% in the past week and holding near $23. On-chain data reveals over 2 million LINK worth $46 million have been withdrawn from exchanges in just 48 hours. The best crypto to buy often shows strong accumulation, and Chainlink’s On-Balance Volume (OBV) indicator confirms steady buying pressure. Additionally, its Total Value Secured in DeFi is now above $93 billion. Technical charts show $24.86 as the next target to beat, as a break above it will open the door toward the $29–$30 range. Ethereum Heads To All-Time Highs Ethereum has grown past $4,700, closing in on its all-time high of $4,867. Glassnode says ETH’s recent strength is being pushed by a six-day streak of spot ETH ETF inflows totaling $2.3 billion, including a record $1 billion in a single day. Major accumulation is also rising, with treasury holdings exceeding $16.5 billion, and more than 30% of ETH staked, limiting immediate sell pressure. Network activity is equally good, with daily transactions at 1.87 million and total value locked in DeFi at $95 billion. Cryptoquant analysts see $4,750 as the next resistance, with a decisive break sending ETH into a “price discovery” phase. Other forecasts range from $7,500 to $13,000, with long-term prices as high as $20,000. These factors make Ethereum one of the best crypto to buy ahead of a possible Q4 price frenzy. XRP Could Reach $11 to $50? While XRP hovers around the $3 mark, optimism is growing within the community. Technical analyst Dark Defender and other prominent voices argue that $3 is not XRP’s ceiling. They cite promising multi-year chart patterns like the triangle formation and flag break out setup. Predictions vary: Mario Nawfal suggests $10 by the end of 2025 as Bitcoin hits $225,000. Ali Martinez targets $11–$12, and Patrick Riley sees $30 in this cycle. Some extreme projections, like $50 or even $1,000, stem from XRP’s role as a settlement layer for global currencies. With improved regulatory clarity and institutional buying, XRP’s long-term case remains healthy, making it among the best crypto to buy. MAGACOIN FINANCE Recognized as a Prime Entry Crypto MAGACOIN FINANCE has also been gaining attention as one of the best crypto to buy for long-term, growth-focused investors. The project operates on a security-first framework and has been audited to ensure safety. Currently, in its initial phase, MAGACOIN FINANCE is a powerful market entry, with industry watchers noting its potential ahead of incoming exchange listings. Conclusion Chainlink, Ethereum, XRP, and MAGACOIN FINANCE are all presenting compelling cases as the best crypto to buy now. However, MAGACOIN holds a more promising position as it is in its early phase and exchange listing is coming soon. You can learn more about MAGACOIN FINANCE via the official website. Website: https://magacoinfinance.com Presale: https://magacoinfinance.com/presale X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Chainlink, Ethereum, and XRP Ranked Best Crypto to Buy Before Q4 Bull Run
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a significant comeback with a 29% surge over the past week, approaching all-time high (ATH) levels. Ethereum’s price performance has prompted Standard Chartered, one of the UK’s largest financial institutions, to significantly revise its price projections for the cryptocurrency. Ethereum Consolidates 4% Below All-Time Highs Currently, the Ethereum price is consolidating above the $4,600 level, which could serve as a crucial support point as if ETH breaks through its previous all-time high of $4,878 reached in 2021, it may enter a new phase of price discovery. Presently, a mere 4% gap separates Ethereum’s current price from that record, but analysts at Standard Chartered, led by Geoff Kendrick, are optimistic for a new bullish phase for the cryptocurrency. They forecast a bullish trend that could nearly double the Ethereum price by the end of the year, raising their year-end target from $4,000 to $7,500. Furthermore, they have set an ambitious 2028 target of $25,000 for ETH. Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works Several key factors underlie this optimistic outlook. Firstly, the recent approval of Ethereum spot exchange-traded funds (ETFs) has led to significant market activity. Ethereum ETFs recently recorded $1 billion in inflows, marking the largest daily influx to date. Year-to-date, these exchange-traded funds tracking ETH’s price have attracted $8.2 billion, representing around 1.5% of Ethereum’s market capitalization. Additionally, legislative progress in the United States, particularly with the passage of the GENIUS Act and the CLARITY Act, has bolstered Ethereum’s prospects. These developments are expected to enhance liquidity in the Ethereum ecosystem, as a substantial portion of stablecoins—often considered a stealth bullish driver for ETH—are issued on the Ethereum blockchain. Currently, major stablecoins like USDC, issued by Circle (CRCL), and USDT, developed by Tether, primarily operate within Ethereum’s ecosystem, further supporting the altcoin’s price performance. Greater Impact From Institutional Investments Beyond these bullish developments, there is a growing trend among public companies adopting Ethereum treasury strategies similar to those employed by Strategy (formerly MicroStrategy) with Bitcoin (BTC). As reported by NewsBTC on Tuesday, approximately 865,000 ETH is now held by these companies, reflecting a broadening interest from institutional investors looking to capitalize on Ethereum’s long-term potential. Related Reading: Analyst Predicts XRP Price Crash Below $3, But There’s Good News Adding to the bullish sentiment, analyst VirtualBacon has shared forecasts suggesting that if Bitcoin approaches $150,000 and the ETH/BTC ratio rises to 0.044, Ethereum could reach prices between $6,000 and $7,000 this year. The analyst noted in a social media post on X (formerly Twitter), that Ethereum’s smaller market capitalization means that each dollar from institutional investors has a more pronounced effect on its price compared to Bitcoin. VirtualBacon identifies $3,350 as a potential floor for ETH, unless Bitcoin experiences a significant downturn. He emphasizes that the pivotal moment for Ethereum will be clearing the $4,850 resistance level, which could quickly propel ETH above $6,000. As of this writing, ETH trades at $4,636, registering a 4.3% surge in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com