Singapore’s BitFuFu Reports August 2025 Bitcoin Growth Amid Production Dip

Singapore-based Bitcoin cloud miner BitFuFu released its August 2025 operational update, showing increased Bitcoin holdings but a drop in production. The company’s BTC balance rose to 1,899 BTC, up 115 BTC from July, while total mining output fell 12.6% to 408 BTC, including 353 BTC from cloud mining and 55 BTC from self-mining.

CEO Leo Lu emphasized efforts to enhance mining efficiency by expanding self-owned hashrate, which surged 31.6% to 5.0 EH/s. Upgrades to ANTMINER S21 machines improved fleet efficiency to 17.5 J/TH, enabling the firm to reduce total power consumption to 628 MW, down 16.5%. Overall hashrate under management decreased 7.8% to 35.6 EH/s due to fluctuations in leased capacity.

The platform’s user base continues to grow, reaching 636,798 registered cloud mining users by August 31. Following their July record of 445 BTC mined, BitFuFu is positioning for long-term growth despite short-term production setbacks.

The company plans to connect with investors at major events, including the Gateway Conference (San Francisco), Wainwright Global Investment Conference (New York), and TOKEN2049 (Singapore).

Bitcoin trades at $113,123, up 2.41% in 24 hours, while BitFuFu’s Nasdaq-listed stock (FUFU) rose 0.55% to $3.67, signaling steady investor interest.

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Pump.fun Executes $12.19M PUMP Buyback, Boosting Token Amid Market Decline

Solana (SOL)-based memecoin launchpad Pump.fun has announced a major buyback of its native token, PUMP, boosting investor confidence as the broader crypto market declined. Between August 28 and September 3, Pump.fun spent $12.19 million on token repurchases, representing 98.23% of its weekly income, signaling a strong commitment to reducing supply and maintaining PUMP’s value.

Since the program’s inception, Pump.fun has spent nearly $72 million on buybacks, cutting circulating supply by 5.36%. Previous buybacks, such as the $33 million repurchase in early August, triggered a 15% price surge, reinforcing Pump.fun’s market leadership.

Following the latest buyback news, PUMP recovered to $0.004406, a 10% increase, despite a 2.2% decline in overall crypto capitalization. The platform remains dominant in Solana’s memecoin market, accounting for 75% of activity and minting nearly 27,000 tokens in 24 hours with a trading volume of $403 million—surpassing competitors like LetsBONK.fun.

Pump.fun also unveiled Project Ascend, introducing Dynamic Fees V1, a tiered fee system to make token launches more sustainable. This innovation, coupled with buybacks, has spurred a 14% surge in PUMP price, promising long-term growth for creators, streamers, and startups in the Solana ecosystem.

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Ethereum Surpasses Bitcoin in Spot Trading Volume for First Time in 7 Years

Ethereum (ETH) has overtaken Bitcoin in spot trading volume for the first time in seven years, marking a pivotal moment for the global crypto market. Data from centralized exchanges shows that in August 2025, Ethereum’s monthly and weekly spot volume surpassed Bitcoin’s, signaling renewed institutional and retail interest.

Market analyst TedPillows highlighted the milestone on X, noting that ETH on-chain volume reached $346.14 billion last month. This surge marks Ethereum’s highest trading level in a year, building on momentum from June and July.

Bitcoin, meanwhile, showed early September recovery after a temporary dip in trading volume from $450 million to $150 million. By September 3, BTC trading surged back past $111,000, restoring confidence in the market.

Ethereum’s boom is largely fueled by institutional demand. Companies like BitMine Immersion and SharpLink Gaming disclosed multi-billion-dollar ETH purchases, adding to public company treasuries. Analysts also point to U.S. spot ETH ETFs as a key factor in attracting investors.

Senior director at Wincent, Paul Howard, emphasized the trend, stating that Bitcoin whale wallets are increasingly rotating into ETH. Rising institutional adoption and potential rate cuts could further propel Ethereum’s dominance throughout 2025.

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Trump-Backed WLFI Token Tanks Over 40% — Whales Lose Millions Amid Brutal Market Plunge

In a brutal market shake-up, whales are taking heavy losses on Trump family-backed World Liberty Financial’s (WLFI) token after its price collapsed dramatically. Since launch, WLFI has lost over 40% of its value, leaving millions in losses for investors who jumped in early on FOMO-driven hype.

Blockchain data firm Onchain Lens revealed that one investor lost $1.635 million going long on WLFI perpetuals, chasing upside potential after a prior $915,000 profit. Unfortunately, reentering on hype led to a massive wipeout.

Another leveraged trader burned through $2.2 million on Hyperliquid longs, while a short seller walked away with $1.8 million in profits. In spot markets, one trader spent $2 million at $0.27, now sitting on a $650,000 loss.

Even a 47 million token burn failed to stop the bleeding — WLFI fell an additional 18% the next day, dropping to roughly $0.23. At the time of writing, WLFI trades at $0.1784, down 19.37% in the last 24 hours, with a 24-hour volume of $1.71 billion, according to CoinMarketCap.

The selloff highlights a painful lesson in crypto markets: hype fades fast when fundamentals can’t hold the floor.

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Cardano (ADA) Eyes Breakout as Price Holds $0.81 Amid Bullish Signals

Cardano (ADA) is entering a critical phase as its price steadies near $0.81 following a volatile summer. As per CoinMarketCap data, ADA trades at $0.809146 with a 24-hour trading volume of $1.28 billion, down just 0.01% in the last day.

Market analyst Ali Martinez believes ADA must break the $0.88 resistance level to confirm a rally toward $1.20. His chart shows ADA holding a key support zone between $0.78 and $0.82 — a level that has repeatedly cushioned price pullbacks. If this range holds, targets include $0.92, $1.00, and possibly $1.23.

ADA’s price structure remains bullish, guided by an ascending channel since June. Santiment data shows ADA trading near its 50-day and 200-day moving averages. A bullish crossover in July signaled strength, though momentum has cooled as the shorter-term trend line leveled off in late August.

On-chain metrics add fuel to the bullish outlook. Analyst Mintern highlighted over $5.3 billion in ADA on-chain volume over the past week, with active addresses reaching 25.9K and futures open interest surpassing $1.28 billion. Despite recent long-trader losses, sentiment remains “Very Bullish,” signaling confidence in ADA’s fundamentals.

A decisive move above $0.88 could trigger ADA’s next rally phase, supported by rising network activity and institutional interest.

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Ripple vs SEC Ends: XRP Army Credited for Shaping Landmark Win

Ripple’s years-long legal fight with the U.S. Securities and Exchange Commission (SEC) has finally come to an end — and crypto lawyer John Deaton says the XRP community deserves credit for helping tip the scales.

The SEC first sued Ripple in 2020, alleging it sold XRP as an unregistered security. In July 2023, Judge Analisa Torres ruled that XRP sales on exchanges were not securities, though certain institutional sales were. After years of appeals, both sides dropped their challenges in August 2025, officially closing the case.

Deaton, who represented XRP tokenholders, praised thousands of investors for providing affidavits and research that influenced the outcome. “No credible person can argue that the XRP Army didn’t make a difference in the Ripple case,” he wrote on X, noting that over 2,000 exhibits from XRP holders were cited in court.

Its executives echoed this praise. Deputy General Counsel Deborah McCrimmon highlighted the community’s work, saying it saved “thousands of dollars” in legal research. Their efforts strengthened its fair notice defense, which argued that the SEC failed to provide clear regulatory guidance for crypto.

Following the July 2023 ruling, XRP surged 72% from $0.47 to $0.81, and ahead of the August 2025 settlement, it rallied to a record $3.64 before stabilizing around $2.85.

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Justin Sun Acquires $200M in WLFI Tokens After Trump-Endorsed TGE

Justin Sun, the founder of Tron (TRX), has made a bold move by acquiring $200 million worth of WLFI tokens shortly after the World Liberty Financial (WLFI) Token Generation Event (TGE). The U.S. President Donald Trump has endorsed WLFI as the governance token of the project, which recently unlocked 20% of its 100 billion token supply.

Sun’s purchase includes 600 million WLFI — about 3% of the 20 billion tokens unlocked. According to Arkham Intelligence, he currently holds WLFI valued at roughly $891.2 million, excluding the original unlock allocation.

Despite this massive claim, Sun reassured investors that he has “no plans to sell our unlocked tokens anytime soon,” expressing confidence in WLFI’s long-term vision. Alongside the purchase, Sun pledged to expand the USD1 stablecoin circulating supply on Tron by $200 million. USD1, pegged to the U.S. dollar, is deeply connected to the WLFI ecosystem.

WLFI’s market activity has surged since the TGE. At the time of writing, the token traded at $0.2418, up 6% in 24 hours, with a $6.0 billion market cap and $24.17 billion fully diluted valuation. Trading volume spiked to $2.57 billion, accounting for 41% of its market cap.

Trump’s endorsement combined with Sun’s investment has kept WLFI at the center of attention, but the token’s political and financial risks remain important factors for investors to evaluate.

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Cardano (ADA) Price Eyes $1.20 as On-Chain Activity Surges and Key Support Holds

Cardano (ADA) is at a make-or-break point as its price hovers near $0.81 after a volatile summer. According to CoinMarketCap, ADA trades at $0.809146 with a daily trading volume of $1.28 billion. While the token slipped 0.01% in 24 hours, analysts say the bigger setup looks bullish.

Market analyst Ali Martinez highlighted that ADA must break above $0.88 to confirm a rally toward $1.20. His chart shows strong support between $0.78 and $0.82, which has repeatedly cushioned pullbacks. If this zone holds, ADA could target $0.92, $1.00, and eventually $1.23.

Technical indicators also favor a bullish outlook. ADA has been moving in an ascending channel since June, with its 50-day moving average crossing above the 200-day earlier in July. Though momentum cooled by late August, ADA’s current range between $0.81 support and $0.83 resistance suggests consolidation ahead of a breakout.

On-chain activity is booming. Analyst Mintern noted that ADA saw over $5.3 billion in on-chain volume in just seven days — one of its busiest weeks in 2025. Futures open interest surpassed $1.28 billion, active addresses reached 25.9K, and a “Very Bullish” sentiment rating emerged.

If ADA clears $0.88, traders may see a rally toward $1.20 backed by rising network strength and strong fundamentals.

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Trump’s WLFI Token Launches With $5.38B Market Cap, Early Investors See 1,700% Gains

Trump’s World Liberty Financial token (WLFI) launched on Sept. 1, quickly becoming one of the most talked-about coins in the crypto market. Running on the Ethereum network, the token debuted on Labor Day and shot into the top ranks within hours.

According to CoinMarketCap, WLFI reached a market value of $5.38 billion, making it the 27th largest cryptocurrency. It currently trades at $0.2184 after opening near $0.265 and briefly touching $0.3115. Early buyers who got in at the $0.015 presale price saw profits exceeding 1,700% on day one.

Trading launched across major exchanges including Binance, Bybit, OKX, and Gate, driving global exposure. Data from CoinGlass revealed that over $12 million in positions were liquidated within hours — with $8.5 million in longs and $3.8 million in shorts wiped out.

Donald Trump Jr. and Eric Trump celebrated the launch on X, framing WLFI as the backbone of a new decentralized financial ecosystem.

World Liberty Financial, co-founded by Donald Trump, his sons, and U.S. envoy Steven Witkoff, previously raised $550 million. Despite criticism over political ties and regulatory oversight concerns, WLFI now ranks among the fastest-growing crypto assets in history.

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BitMine Becomes World’s Largest Ethereum Holder with $8.98B Treasury, Chairman Predicts ETH as Top Macro Trade

BitMine Immersion Technologies has released its August investor presentation, “The Alchemy of 5%,” alongside a new episode of its monthly video series, “The Chairman’s Message,” featuring Chairman Tom Lee.

As of August 31, 2025, BitMine disclosed total crypto and cash holdings worth $8.98 billion. This includes 1,866,974 Ethereum (ETH), 192 Bitcoin (BTC), and $635 million in unencumbered cash. The company is now the largest Ethereum holder globally and maintains the second-largest overall crypto treasury, behind Strategy Inc. (MSTR), which holds 629,376 BTC worth $71 billion.

Lee compared current U.S. crypto regulation efforts — including the SEC’s Project Crypto and the GENIUS Act — to the 1971 end of the Bretton Woods gold standard, calling Ethereum “one of the biggest macro trades of the next 10-15 years.” He believes Wall Street and AI will increasingly migrate to blockchain — primarily Ethereum — reshaping global finance.

BitMine’s aggressive ETH accumulation has attracted backing from major institutional investors such as ARK Invest, Pantera Capital, Kraken, DCG, and Galaxy Digital. Its stock now averages $2.3 billion in daily trading volume, ranking among the top 25 most traded U.S.-listed equities.

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