TL;DR After a slow first half of the year, Ethereum’s native token has become a rock star in the past few months as multiple companies, whales, and different types of investors have started to accumulate it. Lookonchain has reported a new mysterious entity that has joined the aforementioned pack with substantial purchases. Aside from #Bitmine , another mysterious institution has been buying $ETH . Over the past 4 days, the mysterious institution created 3 new wallets and withdrew 92,899 $ETH ($412M) from #Kraken . https://t.co/v7DWdOWlCS https://t.co/ZN1q300qKS https://t.co/V1FoJbfR5h pic.twitter.com/sX96HRqGa4 — Lookonchain (@lookonchain) August 16, 2025 The information about this institution is scarce. What we know so far from Lookonchain’s post is that they created three wallets in less than a week and have already accumulated over 92,899 ETH (valued at over $410 million). Some speculations below the post claim that these wallets belong to already established names in the Ethereum reserve strategy race, but there’s not much hard evidence to support this theory as of now. Current data shows that Bitmine Immersion Technologies stands out as the biggest company ETH whale, holding almost 1.3 billion tokens, currently valued at more than $5.7 billion. SharpLink follows suit with 598,800 ETH, while Coinbase and Bit Digital are next with 136,782 ETH and 120,306 ETH, respectively. Bitmine’s latest purchase came during the current market-wide retracement that drove Ether from over $4,700 to $4,400. While smaller investors started to panic-sell their ETH stash, Bitmine spent another $470 million to acquire 106,485 tokens. In contrast, the Ethereum Foundation has continued its sell-off. Data from Lookonchain shows that one of its wallets disposed of another 7,294 ETH in total over the past three days to secure $33.25 million. The post Mysterious Whale or Institution? Who’s Snapping Up ETH? appeared first on CryptoPotato .
Shiba Inu’s token burning process has reduced its total supply from 1 quadrillion to approximately 589 trillion tokens. Recently, 3,772,366 SHIB tokens were burned, marking a 1,548% increase in the
Will XRP Soar to $7? According to market trader Crypto King, “XRP is heating up and institutions are stepping in. We are now entering the phase I have been waiting for: Manipulation done, Accumulation done, Expansion loading. The chart and fundamentals are lining up for something massive.My target this cycle is $7.00.” The market researcher maintains a bullish outlook on XRP, citing growing momentum and rising institutional interest, a key signal of strong capital inflows and market legitimacy According to Crypto King, XRP may be on the verge of entering the Wyckoff expansion phase, where sustained buying pressure, driven by hype, news, and retail demand, could trigger a significant price surge. As a result, he predicts XRP could surge to $7 this bull cycle, nearly double its all-time high of $3.65, setting a new record. XRP could also target $9.63 this cycle, mirroring patterns from its previous bull run. Ripple’s New XRPL Patent Could Reshape Blockchain Competition Prominent crypto researcher SMQKE has disclosed that a newly granted Ripple patent for enhancements to the XRP Ledger could make it harder for rivals to build comparable blockchain software. The U.S. patent, enabling temporary consensus subnetworks and trust-based instant cross-border payments, outlines Ripple’s methods to accelerate settlements and reduce full-network reliance, making XRPL uniquely efficient for institutional use. SMQKE sees the patent as a strategic moat because if enforced, key on-ledger designs and validator setups could be off-limits to competitors, raising barriers to replicating XRPL functionality. Nevertheless, legal and technical limits remain since patents cover specific implementations, not ideas, and XRPL’s open codebase with distributed validators complicates claims that Ripple can block ecosystem growth. Ripple’s engineers and independent validators have repeatedly emphasized the ledger’s decentralized nature. Conclusion For builders and investors, Ripple’s specific patent filings shift the competitive landscape for payments-focused ledgers. Whether they block rivals depends on courts, licensing, and alternative innovations. As SMQKE and others note, this highlights rising tension between proprietary IP and blockchain’s collaborative ethos. Meanwhile, Crypto King sees XRP emerging from its accumulation phase, poised for a bullish breakout toward $7, fueled by institutional buying and strong fundamentals.
XRP might have another chance of claiming a new record high, with technical indicators suggesting the asset is primed for a breakout. Specifically, the token is consolidating within a bullish setup that could pave the way for significant gains in the coming weeks, according to insights shared by analyst Ali Martinez in an X post on August 16. XRP price analysis. Source: TradingView To this end, XRP has been consolidating within a symmetrical triangle, a pattern that signals a potential breakout as price compresses between converging trendlines. A move higher would likely draw in new buyers and fuel fresh momentum. XRP’s key prices to watch Currently, XRP is hovering around the $3.10 level. A breakout above $3.26 would confirm the bullish momentum, potentially propelling the token toward $3.90, just shy of the psychological $4 mark. This technical setup could come as a relief for XRP investors, considering the asset has recently witnessed massive capital outflows in line with broader market sentiment. On one occasion, XRP shed over $10 billion in a single day. Despite this downturn, large investors are showing confidence in the asset. As reported by Finbold on August 15, XRP whales purchased 120 million tokens on that day alone, adding to an earlier 320 million XRP haul. In total, 440 million XRP were absorbed in under a week. Historically, such whale accumulation has often preceded trend reversals, suggesting whales may be positioning for a rebound. XRP price analysis At press time, XRP was trading at $3.11, down 0.14% in the last 24 hours and more than 6% lower on the weekly chart. XRP price analysis chart. Source: Finbold Despite these losses, XRP remains above its 50-day SMA of $2.91 and well above the 200-day SMA of $1.93. This alignment reflects a clear bullish trend, as shorter-term momentum continues to outperform the long-term average. Meanwhile, the 14-day RSI at 50.78 sits near the neutral zone, indicating that XRP is neither overbought nor oversold. Featured image via Shutterstock The post XRP flashes bullish pattern to send it to $4 appeared first on Finbold .
Arthur Hayes recently invested $15.9 million solely in Ethereum and select altcoins, signaling a strategic shift in his investment focus away from Bitcoin, emphasizing Ethereum’s potential in the current altcoin
Crypto investor Armando Pantoja has outlined a hypothetical progression of public sentiment towards XRP at different price points. In his tweet, Pantoja suggested that at $4, XRP holders may face ridicule from skeptics, with some dismissing the price level as insignificant. He proposed that at $10 to $15, discomfort could set in for those who previously exited their positions, with possible comments expressing an intent to re-enter the market at a significantly lower price point. According to him, a hypothetical surge to $100 could trigger panic among observers, with statements implying disbelief that the asset could reach such a valuation. At $1,000, Pantoja suggested the scenario could escalate into a situation of full-blown FOMO, combined with a supply crunch and widespread buying mania. $XRP at $4 → mocking: “lol just $4” $XRP at $10–15 → discomfort: “I’ll buy back in under $1” $XRP at $100 → panic: “It was never supposed to get this high” $XRP at $1,000 → full-blown FOMO, and supply crunch and mania. pic.twitter.com/harNxhUEry — Armando Pantoja (@_TallGuyTycoon) August 15, 2025 Community Reactions to the Hypothetical An X user, Jashobeam Bangalan, responded to Pantoja’s tweet by expressing personal investment conviction. He stated that he hoped the scenario would happen, emphasizing a long-term holding strategy. Bangalan indicated he would not sell until he witnessed XRP moving value across the globe, describing the current period as being based on “fumes” until real-world adoption at scale occurs. He characterized his approach as all-or-nothing, stating it was either a total loss or a life-changing financial outcome, and confirmed that his position was “locked in.” Broader Interpretation from Market Observers In addition to Bangalan’s remarks, Nguyen, another market participant, commented on the broader relevance of Pantoja’s hypothetical. He suggested that the described price progression was not solely applicable to XRP but served as a reflection of a recurring trend in cryptocurrency markets. Nguyen described the phenomenon as a mirror of the journey many crypto skeptics take, where disbelief transitions into urgency and fear of missing out as prices rise. He advised readers to prepare for such market psychology shifts, using the phrase “buckle up” to signal the need for readiness in rapidly changing conditions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Context in the Current Market Landscape While Pantoja’s tweet presented a hypothetical trajectory rather than a forecast, the outlined progression aligns with sentiment-driven patterns observed in past cryptocurrency cycles. Historically, significant upward price movements in digital assets have often been accompanied by changing attitudes from skepticism to urgency, with the speed of change intensifying at higher valuations. For XRP , the scenario he described assumes extreme appreciation from current levels, which would require substantial changes in demand, adoption, and possibly macroeconomic conditions affecting digital assets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit: $1,000 XRP Price Will Trigger Full-Blown FOMO and Supply Crunch appeared first on Times Tabloid .
Bitcoin is trading in the $117,000 price region following a rather eventful week, which allowed investors to experience both sides of the market volatility. Notably, the premier cryptocurrency established a new all-time high at $124,457 before experiencing a sharp crash to below $118,000 driven by recent US PPI data. As enthusiasts await the asset’s next move, prominent analytics firm Glaasnode has unveiled the potential price targets based on short-term holders’ (STH) market activity. Related Reading: Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range Short-Term Holder Cost Basis Tips Bitcoin To Race Towards $144K In an X post on August 16, Glassnode shares data from its Bitcoin STH cost basis model, which suggests the cryptocurrency is headed for an overheating region. For context, short-term holders refer to entities that acquired their BTC within the last 155 days. Their cost basis, i.e., average price of acquisition, often serves as a proxy for the sentiment and profitability of newer market entrants, thus dictating short-term price dynamics. Glassnode’s on-chain data shows that Bitcoin’s STH cost basis has now climbed to $107,000, with standard deviation bands indicating the next crucial resistance at $127,000. Notably, this price level aligns with the +1σ band, often viewed as a “heated” market threshold. This zone is expected to act as a major pivot point, either marking the onset of consolidation or serving as the launchpad for a euphoric final leg upward. However, if Bitcoin can decisively break above $127,000, the STH deviation bands suggest it may trigger accelerated market buying momentum, potentially pushing the price toward the +2σ band at $144,000 zone. Notably, the +2σ band is termed as the overheating region as it often coincides with local or cycle top and frequently introduces significant sell pressure from investors. Meanwhile, the base STH cost basis at $107,000 now serves as a crucial short-term support; therefore, a breakdown below this could imply weakening confidence among recent buyers. In such a bearish scenario, market attention would turn to the lower deviation -1σ band at $93,000, at which investors may expect some price stability. Related Reading: BTC Slips Below $120K as Policy Shifts Rattle Markets: Is This a Setup for the Next Big Rally? Bitcoin Price Overview At the time of writing, Bitcoin was trading at $117,396, reflecting a price decline of 1.02% in the past 24 hours. Meanwhile, daily trading volume has also crashed by 33.56% and is now valued at $70.56 billion. Notably, popular analyst Ali Martinez tips the premier cryptocurrency to soon make a recovery after the flash crash of last week. The market expert explains that Bitcoin always produces a price rally following any PPI-induced decline. Featured image from iStock, chart from Tradingview
Coinbase said that the third quarter 2025 outlook remains constructive, even as its view on an altcoin season has evolved. The crypto exchange added that the current market conditions now suggest a potential shift towards a full-scale altcoin season as September nears. Altcoin Rotation In its latest research, Coinbase explained that Bitcoin’s market dominance had fallen from 65% in May 2025 to around 59% by August. This indicates early signs of capital rotation into altcoins. CMC’s Altcoin Season Index also remains in the low 40s, below the 75 threshold that historically points to an altcoin season, even as the total altcoin market cap has risen over 50% since early July to $1.4 trillion as of August 12. These trends suggest that conditions may be moving toward a more widespread altcoin season heading into September. Coinbase also highlighted that liquidity trends are becoming more favorable for altcoins, and noted improvements in order book depth, higher spot and perpetual trading volumes, and reduced slippage. These factors make it easier for investors to execute trades without significant price impact, which supports broader market participation in altcoins and, hence, a potential momentum toward a full-scale altcoin season. Altcoin Season Divergence Coinbase noted that the divergence between the Altcoin Season Index and total altcoin market capitalization largely reflects growing institutional interest in Ethereum (ETH). This demand is driven in part by digital asset treasuries (DATs) and the broader narrative around stablecoins and real-world assets (RWAs). For example, Bitmine Immersion Technologies has purchased 1.15 million ETH through a new $20 billion raise, giving it the capacity to acquire up to $24.5 billion worth of ETH. Similarly, Sharplink Gaming, a former leader in ETH DATs, now holds approximately 598,800 ETH. Regarding higher-beta assets tied to ETH, tokens such as ARB, ENA, LDO, and OP are the most sensitive. In fact, LDO showed the strongest response to the recent ETH rally, by gaining 58% month-to-date. LDO offers relatively straightforward exposure to ETH through liquid staking, and currently sits at a beta of 1.5, meaning its price tends to be 50% more volatile than ETH. This helps amplify both potential gains and losses. Coinbase also stated that LDO’s recent appreciation was further supported by a US SEC statement on liquid staking issued on August 5. According to staff from the Division of Corporation Finance, liquid staking does not constitute the offer or sale of securities if the activities are primarily “ministerial” and rewards are passed one-for-one from the protocol. Overall, institutional demand for ETH, combined with regulatory clarity on liquid staking, continues to influence market behavior and contributes to selective altcoin performance. The post Bitcoin Slows, Altcoins Surge: Coinbase Believes a Full-Scale Altseason Is Here appeared first on CryptoPotato .
Ethereum treasuries are companies that allocate part of their reserves to Ether (ETH), providing investors indirect exposure to cryptocurrency. This practice offers benefits like increased access to ETH but also
United States Senator Josh Hawley has announced his intention to investigate the generative artificial intelligence products released by Meta. Hawley said he intends to check if the company’s products could exploit, deceive, or harm children after leaked internal documents alleged that its chatbots were allowed to have romantic and sensual chats with minors. The United States Senator took to the blogging platform X to announce his intention. “Is there anything – ANYTHING – Big Tech won’t do for a quick buck? Now we learn Meta’s chatbots were programmed to carry on explicit and ‘sensual’ talk with 8-year-olds. It’s sick. I’m launching a full investigation to get answers. Big Tech: Leave our kids alone,” he said. Internal documents implicate Meta This development is coming after internal documents showing that Meta allegedly allows its chatbot personas to engage in flirtatious exchanges with children, disseminate information, and generate responses that demean minorities. The internal documents, seen by Reuters, said Meta had policies on AI chatbot behavior that allowed its AI personas to “engage a child in conversations that are romantic or sensual.” The document, titled GenAI: Content Risk Standards, mentioned that chatbots were permitted to hold romantic conversations with an 8-year-old, saying, “Every inch of you is a masterpiece – a treasure I cherish deeply.” However, a Meta spokesperson has debunked it, noting that such examples are not consistent with Meta’s policies and have since been removed. United States Senator plans to investigate Meta Senator Hawley is the chairman of the Senate Judiciary Subcommittee on Crime and Counterterrorism. He mentioned that the subcommittee is expected to commence a probe into whether techs developed by Meta harm kids and “whether Meta misled the public or regulators about its safeguards.” “It’s unacceptable that these policies were advanced in the first place,” Senator Hawley wrote in a letter addressed to Meta CEO Mark Zuckerberg, saying that Meta acknowledged the veracity of the reports and “made retractions only after this alarming content came to light.” He added that the company needs to let them know who approved the policies, how long they were in effect, and what Meta has done to stop this conduct going forward. Senator Hawley also asked Meta to produce the guidelines, including every draft, redline, and final version. In addition, he asked the company to provide a list containing all products that adhere to those standards, other safety and incident reports, and the identities of the individuals responsible for changing the policy. According to the letter, Meta has been given until September 19 to provide the information. The investigation has also been endorsed by other parties, including Senator Marsha Blackburn. “When it comes to protecting precious children online, Meta has failed miserably by every possible measure,” Senator Blackburn said. “Even worse, the company has turned a blind eye to the devastating consequences of how its platforms are designed. This report reaffirms why we need to pass the Kids Online Safety Act.” This development is coming days after Reuters released a report of a retiree who was engaging with one of Meta’s chatbots, a flirty woman persona. The persona convinced him it was real and invited him to visit an address in New York, where he was a victim of an accident that led to his death. The artificial intelligence chatbot named “Big sis Billie” was a variant of an earlier AI persona created by the giant social-media company Meta Platforms in collaboration with celebrity influencer Kendall Jenner. Sign up to Bybit and start trading with $30,050 in welcome gifts