Cryptocurrency - Page 7 of 149

Ethereum Targets $4,811 as Inflation Data, ETF Inflows Fuel Rally

Ethereum (ETH) is gaining bullish momentum, now trading at $4,409.12 after a 5.4% daily jump, fueled by favorable U.S. inflation data and record spot ETF inflows. July’s Consumer Price Index rose 2.7% year-over-year, below the 2.8% forecast, increasing the odds of a September Fed rate cut to 82.5% and sparking demand for cryptocurrencies.

On August 12, U.S. spot Ethereum ETFs saw over $1 billion in inflows, with BlackRock’s ETHA alone recording $639 million in a single day. This pushed total ETH ETF assets under management to $19.2 billion—a 58% monthly rise. Sosovalue data shows ETFs now hold $25.71 billion in ETH, representing 4.77% of the asset’s market cap.

Technical analyst Javon Marks notes ETH has rallied 261% since breaking a long-term resistance, with $4,811.71 as the next target—just under 10% away. The recovery follows a 2022-2023 downtrend, with 2024 seeing multiple resistance breakouts.

However, hacker activity poses risks. The Infini Exploiter sold 1,771 ETH for $7.44M, while the Radiant Capital Exploiter offloaded 3,091 ETH for $13.26M. Despite these sales, strong institutional demand and favorable macro trends suggest ETH could still climb toward $4,811 in the short term.

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Bitcoin Insane Juggernaut Incoming: David Bailey Eyes $762M “Smash Buy”

David Bailey Bitcoin Purchase to Shake Up the Market

David Bailey Trump’s former crypto adviser and CEO of Nakamoto Inc. is about to make a statement move: a $762 million Bitcoin purchase set for execution as soon as Tuesday. Rather than buying in one big chunk, he’s going to use VWAP (Volume Weighted Average Price), chopping it into smaller trades to minimize market disruption.

David Bailey Bitcoin Purchase: Building a Juggernaut

Bailey’s always joked he wanted to “smash buy $1 billion of Bitcoin in a single bid,” and now he’s finally doing it albeit with a more modest $762 million. Nakamoto Inc.’s vault will be boosted by about 6,400 BTC, catapulting the firm into the ranks of elite institutional Bitcoin holders. This follows a $51.5 million capital raise earlier this year and comes with a fun twist: the firm has adopted a bullfrog mascot, which Bailey says represents a “legendary treasure hoarder.”

Beyond acquisitions, Bailey is also raising $100–200 million for a BTC-focused PAC aimed at influencing U.S. crypto policy. His move highlights the growing blend of crypto, business, and political strategy in the U.S. and serves as a reminder: BTCis increasingly more than just a meme.

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Breaking Ethereum :Samson Mow 1stly Claims “No One Wants ETH in the Long Run”

Samson Mow Doubles Down on Ethereum Skepticism

Samson Mow, CEO of Bitcoin adoption firm JAN3, has stirred up the crypto community with his blunt take: “No one wants ETH in the long run.” In an X post, Mow alleged that many major Ethereum holders are actually long-time Bitcoin investors rotating their BTC into ETH to pump prices with fresh narratives only to dump Ethereum later and rotate profits back into BTC.

According to Mow, this cycle leaves new investors as “generational bagholders,” especially when psychological resistance near Ethereum’s all-time highs triggers mass profit-taking. He called this the “Bagholder’s Dilemma,” warning traders to plan their moves carefully.

Samson Mow Ethereum Debate Heats Up

Not everyone agrees. ETH advocate Anthony Sassano dismissed Mow’s claims as “old-school Bitcoin maxi rhetoric” and argued such skepticism often signals bullish momentum for Ethereum.

Investor Ted Pillows offered a middle ground—predicting ETH could continue rising, sparking a mini altseason, before money rotates back into Bitcoin and potentially pushes BTC toward $140,000.

Market data shows ETH’s dominance has slipped 10% since late June, despite strong institutional interest and DeFi growth. Yield farming, lending protocols, and higher total value locked (TVL) are pulling users back into the ETH ecosystem, noted Nick Ruck of LVRG Research.

At press time, ETH was trading at $4,299.39 while BTC hovered at $122,003, per CoinGecko. The next few weeks could reveal whether ETH’s rally has lasting power or if another capital rotation back to Bitcoin is imminent.

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Insane ! Strategic Ethereum Reserve Hits 3 Million ETH Worth $13B as Adoption Grows

Strategic Ethereum Reserve Reaches $13B Milestone

The Strategic Ethereum Reserve (SER) has officially crossed the 3 million ETH mark—valued at roughly $12.83 billion—cementing its role as one of the biggest collective Ethereum holdings in the world. That’s about 2.78% of all ETH in circulation.

Strategic Ethereum Reserve Attracts Big Names

Launched to encourage organizations to hold ETH as part of their balance sheets, the SER’s approach mirrors Michael Saylor’s Bitcoin strategy at MicroStrategy. Currently, the reserve has 64 participants, ranging from crypto-native DAOs like Gnosis and Lido to public companies such as Bit Digital and BTCS Inc. Even governments are involved—the U.S. Government holds 59,965 ETH, while Bhutan has 495 ETH in the reserve.

This mix of public companies, DAOs, and state entities shows just how far Ethereum’s reputation has come—not just as a blockchain for apps, but as a yield-bearing, internet-native asset with serious staying power.

ETH’s price is also enjoying a bullish wave. Up more than 17% in the past week, Ethereum is now trading around $4,175 according to CoinMarketCap. The rally comes ahead of the much-anticipated Fusaka upgrade and is being fueled, in part, by the SER’s accumulation strategy, which is tightening ETH’s circulating supply.

If the momentum continues, Ethereum’s position as a key strategic asset could become even harder to ignore.

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Pendle (PENDLE) Breaks $5 Resistance with 20% Surge — Eyes $6 Next?

Pendle (PENDLE) has surged impressively in the last 24 hours, breaking the critical $5 resistance level with a 20%+ price jump fueled by heavy trading volume. The token’s current price stands at around $5.315, marking a significant bullish breakout for traders and investors alike.

The trading volume has increased by over 240%, signaling strong buyer interest. Technical indicators support this momentum — the Bollinger Bands show expansion, suggesting increased volatility and bullish potential, while the price has found support at the 20-day Simple Moving Average (SMA) around $4.36.

The MACD line crossing above its signal line further hints at a bullish crossover, aligning with the rising volume. Immediate support for Pendle now sits at $5.00, with secondary supports at $4.50 and $4.00. These levels are important for maintaining the bullish trend.

To push further toward $6, Pendle must maintain its current momentum and close cleanly above the $5.50 mark. If buyers stay strong, the next key target is $6, last seen in late 2024. Traders should watch volume closely as it will be critical to sustaining this upward trend.

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Rumble Eyes $1.17B Acquisition of Northern Data to Boost AI Cloud Presence

Rumble is negotiating to acquire Germany-based Northern Data for about $1.17 billion, a move that could transform the video-sharing platform into a global AI cloud powerhouse. Northern Data operates high-capacity GPU data centers and has a market value of $1.7 billion.

The deal would add Northern Data’s Taiga GPU platform—with over 22,000 Nvidia H100 and H200 GPUs—and five data centers, boosting its AI cloud services dramatically. One data center in Georgia alone could provide up to 180 MW of power once completed.

The acquisition is backed by Tether, which owns over half of Northern Data and has invested heavily in Rumble. Tether plans to exchange its Northern Data shares for Rumble stock and become a major GPU customer, reinforcing its tech sector footprint.

Before moving forward, it must complete due diligence, secure board approval, and obtain regulatory clearances. Northern Data is also selling its bitcoin mining business, Peak Mining, a condition Rumble wants before closing the deal.

If completed, this deal would shift Rumble from a niche video platform into a significant player in AI, cloud computing, and data privacy—positioning it to compete with major tech firms globally.

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SharpLink Gaming to Raise $400M More, Boost Ethereum Holdings Beyond $3B

SharpLink Gaming announced plans to raise an additional $400 million by selling shares directly to five major global institutional investors. This move will significantly boost the company’s Ethereum holdings, pushing their total value beyond $3 billion.

As of August 10, 2025, SharpLink already holds about 598,800 Ether (ETH) and has $200 million from a previous fundraising round that remains unused. Earlier on August 8, the company secured $200 million in stock deals at $19.50 per share with four large institutional investors, aiming to increase its ETH holdings above $2 billion.

Co-CEO Joseph Chalom emphasized that raising nearly $900 million in one week showcases strong investor confidence in SharpLink’s strategy of holding Ethereum. He highlighted growing market belief in Ethereum’s potential to disrupt industries worldwide.

The new $400 million deal is priced at $21.76 per share and is expected to close on August 12, 2025, pending standard regulatory approvals. The offering is conducted under a U.S. SEC-approved registration.

SharpLink’s shares (SBET) recently closed at $23.92, with after-hours trading pushing prices higher. At the same time, Ethereum trades near $4,183, reflecting a market cap of over $504 billion.

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1st Breaking News ! Elizabeth Warren Calls for Stronger Crypto Oversight to Prevent Economic Risks

Senator Elizabeth Warren urges tougher crypto regulation to prevent corruption and economic instability, pushing for market structure reforms and trading limits for elected officials.

Elizabeth Warren Wants Crypto Rules Tightened Before It’s Too Late

Senator Elizabeth Warren is doubling down on her demand for tougher cryptocurrency regulation—arguing that without it, the U.S. economy could face serious risks. Speaking on MSNBC, she warned that the current patchwork of rules leaves too much room for corruption and instability.

Elizabeth Warren Crypto Regulation Push Targets Loopholes

Warren says her fight isn’t just about stopping harmful bills it’s about building stronger laws from the ground up. She pointed to gaps in market structure regulations and stressed the need for “guardrails” to ensure crypto doesn’t spark a financial crisis.

One hot-button issue for her? The lack of restrictions on elected officials trading crypto. “We need regulation that limits corruption in the ability of elected officials to trade in it,” she said, noting how personal interests could influence policymaking without proper safeguards.

Interestingly, not everyone in crypto is dismissing her stance. Justin Slaughter, VP of Regulatory Affairs at Paradigm, tweeted that while they may not agree on everything, Warren’s focus on constructive regulation could be a step forward compared to outright hostility.

With crypto’s influence on both Wall Street and Washington growing, Warren’s call for independent oversight free from industry sway aims to keep markets fair, safe, and corruption-free.

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Dogecoin Eyes Big Move: Analysts Spot 2017 Type Bullish Breakout Pattern

DOGE appears poised for a breakout as analysts see parallels with past surges; could an 80% rally be next? Liquidity and technical setups are aligning for a possible move.

Dogecoin could be on the edge of another wave analysts today are seeing classic breakout signals that mirror its huge runs in 2017 and 2021. This setup, they say, looks like the calm before the storm.

Dogecoin Pattern Mirrors Past Rallies

Recent market action shows parts of Dogecoin’s price chart matching the pre-surge formations from its past explosive moves. You know what that mean low volatility now could transform into a volatile breakout soon. If the pattern holds, we could see DOGE soar sharply, possibly mirroring those 2017–2021 surges. While nothing’s guaranteed, traders are locked in on whether this is “it” the setup that fuels the next meme-coin boom.

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Bitcoin Eyes $120K as Altcoins Soar and Futures Interest Rises

Bitcoin trades near $118K on August 10 after breaking key resistance. Chart setups and investor sentiment hint at a possible move toward $120K as altcoins outshine BTC.

BTC is flexing its muscles today, trading at $118,583 after reclaiming the $118K level — a key turning point for bulls.

Bitcoin’s Path Looks Bullish for Next Move

BTC just crossed a vital resistance zone, sparking optimism that the next stop could be $120K, especially if a short squeeze unfolds. Crypto traders know just a 10% pop could liquidate over $18B in shorts, and sentiment is hyped that Monday could bring a breakout.

Adding fuel to the fire: coiled-up futures open interest and ETF inflows. Analysts say that if this momentum holds, BTC could reach $116K–$130K in August.

On-chain metrics show Bitcoin’s in a “bullish cooldown” after hitting the $123K all-time high. Liquidity is easing, and the Bull Score Index dipped from 80 to 60 — not a bear signal, but a pause in the uptrend. Long-term holders are still accumulating between $114K–$120K, positioning for the next play.

It’s not just BTC stealing the spotlight—altcoins have outperformed BTC for the 31st straight day, showing that while BTC is stable, speculative capital is flowing elsewhere.

All in all, Bitcoin’s still the anchor, but if liquidity and sentiment align, we could see BTC push past $120K soon.

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