Coinbase has significantly reduced its XRP holdings, cutting reserves by 83%. The exchange’s XRP wallets dropped from 60 to just 10, reflecting a sharp decline in on-platform reserves. This move may signal shifting strategies around liquidity management, reduced user demand, or preparation for regulatory developments. The drastic reduction could impact market sentiment, as Coinbase is one of the largest U.S. exchanges.
The price predictions for August 29, 2025, based on recent market analysis from Cointelegraph and other crypto outlets:
Bitcoin (BTC): Analysts see BTC testing support between $105K–$100K, with upside potential if momentum builds toward $110K–$115K. Long-term target remains $120K–$150K if the uptrend continues.
Ethereum (ETH): ETH has pulled back recently; traders expect it to consolidate around $5,500–$5,800, with resistance at $6,200. A break above could push toward $7K.
XRP: After gaining traction in corporate and institutional use, XRP is projected to hold the $1.20–$1.35 zone, with a potential rally to $1.50+ if volumes spike.
BNB: Binance Coin is stable above $720, with analysts watching the $700 support and $780–$800 resistance. A breakout could see $850+.
Solana (SOL): SOL has strong support near $180, with upside potential toward $210–$220. If bulls maintain momentum, $250 is the next target.
Dogecoin (DOGE): DOGE is consolidating around $0.17–$0.19, with meme-coin sentiment possibly pushing it toward $0.22–$0.25.
Cardano (ADA): ADA is holding $0.55–$0.60, with a potential breakout to $0.70. Weakness below $0.50 could trigger further downside.
Chainlink (LINK): LINK trades near $15.50–$16, with bullish momentum targeting $18–$20. Support lies around $14.
HYPE: As a new trending token, HYPE is volatile. Analysts highlight $0.035–$0.04 as support and possible upside toward $0.05 if volume sustains.
Sui (SUI): SUI is consolidating around $1.20–$1.25, with upside to $1.40–$1.50. Strong support lies at $1.10.
Bitcoin, Ethereum, and XRP are seeing declines as investors weigh macroeconomic pressures, particularly concerns around interest rates.
Higher interest rates generally reduce appetite for risk assets like cryptocurrencies, since investors can earn safer returns in bonds and other fixed-income products. Rising yields also strengthen the U.S. dollar, which tends to put downward pressure on crypto prices.
For Bitcoin and Ethereum, this means potential challenges in sustaining momentum as liquidity tightens. XRP, while also affected by broader market sentiment, faces additional uncertainty tied to regulatory factors.
Overall, if central banks keep rates elevated or hint at fewer cuts than expected, the crypto market may continue facing headwinds. #TrumpTariffs $BTC $ETH $XRP
Shibarium, Shiba Inu’s Layer-2 blockchain, has seen a notable slowdown in activity, with daily transactions dropping to a two-month low.
The slump suggests weakening user engagement and reduced on-chain activity, raising concerns about the network’s momentum after its earlier surge.
Analysts note that Shiba Inu’s ecosystem growth may depend on new utility, developer updates, and stronger adoption to revive activity on Shibarium. #BinanceHODLerDOLO $SHIB
A pundit dismissed claims of XRP reaching $1,000 as unrealistic, warning investors not to be misled by exaggerated price fantasies. Instead, they stressed focusing on achievable targets based on market realities. #MarketPullback $XRP
The founder of X DAO predicts a bullish outlook for XRP over the next 3 to 6 months, citing expanding adoption of blockchain payments, improving market sentiment, and potential regulatory clarity for Ripple. In the short term, XRP could break key resistance levels, while over a longer horizon, institutional demand and utility-driven growth may push the token toward multi-dollar levels. #PowellWatch $XRP
Axie Infinity’s Ronin network is transitioning from a sidechain to an Ethereum Layer 2, aiming to boost security, scalability, and interoperability while keeping low fees for gaming and NFT activity. #CPIWatch $BTC
Shiba Inu (SHIB): Whale activity surged by 40%, signaling renewed interest from large investors and potential upcoming volatility in the token.
XRP: Data shows Coinbase XRP holdings are steadily declining, suggesting increased withdrawals, likely tied to investor accumulation or movement to self-custody.
Ethereum (ETH): Remarkably, 100% of ETH holders are in profit, reflecting strong market conditions and Ethereum’s sustained price rally.
👉 Overall, whales are eyeing SHIB, XRP supply on exchanges keeps shrinking, and ETH remains one of the strongest performers.
The Shiba Inu team has issued an urgent security alert to the SHIB community, warning holders to remain cautious of potential scams and phishing attempts targeting investors.
The team emphasized that official updates and announcements will only come through verified Shiba Inu communication channels, urging the SHIB Army not to trust random links, fake airdrops, or suspicious promotions circulating online.
This alert highlights the growing concern over cyber threats in the crypto space, especially as Shiba Inu’s ecosystem continues to expand. #CPIWatch $SHIB
Shiba Inu’s development team has issued a major clarification to address recent concerns within the SHIB community.
The team emphasized that the project remains fully committed to advancing the Shibarium ecosystem, dispelling rumors of delays or abandonment. Developers clarified that ongoing upgrades and integrations are aimed at improving scalability, security, and utility for SHIB holders.
They also reassured the community that no fundamental changes to SHIB’s tokenomics are being made, and all updates are intended to strengthen the ecosystem for long-term growth.
The clarification comes amid heightened speculation and ensures transparency as Shiba Inu continues to expand its role in decentralized finance and utility adoption. #MarketTurbulence $SHIB
XRP is seeing increased adoption in corporate treasuries as institutions seek efficient, low-cost, and fast cross-border payment solutions.
Growing demand from large enterprises and financial entities is boosting XRP’s role as a strategic reserve asset, reinforcing its long-term utility in global finance.
Analysts suggest Shiba Inu (SHIB) could first reach $0.00008845 during the next major crypto bull run if market momentum, token burns, and ecosystem growth align.
A further rally toward $0.00045 would likely require broader adoption, significant supply reduction, and sustained investor demand, potentially placing that target several years beyond the initial milestone.
XRP Today Teucrium CEO explained that they launched an XRP ETF because he believes Ripple and its XRP technology could “hopefully” replace the SWIFT banking system.
This reflects growing confidence in XRP’s potential to become a global standard for cross-border payments, offering faster and more efficient alternatives to traditional financial networks.
Perplexity AI predicts that XRP could see modest gains next week, with potential price movement driven by market sentiment, upcoming macroeconomic data, and ongoing developments in Ripple’s ecosystem.
The forecast suggests XRP may trade between $0.65 and $0.72 if bullish momentum continues.