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Overview of CRO's Remarkable Surge, Latest XRP Price Forecasts, and More: Crypto Roundup August 29 This week saw Cronos (CRO), the token of Cryptodotcom, increase by over 100% in three days, following Trump Media's announcement of a $105 million purchase of 2% of its supply. Despite a subsequent drop, analysts predict further rises, with targets set at $0.50 and $0.8868. Meanwhile, Ripple's XRP fell to $2.85 after failing to breach $3.10, but some analysts remain hopeful of a new all-time high soon. Bitcoin also saw a reduction, falling below $110,000, but Cardano founder Charles Hoskinson believes it could reach $250,000 this cycle, with a $10 trillion market cap within five years.

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Could Chainlink's LINK Surge Following its Partnership with US Department of Commerce? Chainlink has partnered with the US Department of Commerce and Pyth to place official macroeconomic data on-chain. The collaboration has led to the publication of second-quarter GDP data on various blockchains, including Bitcoin, Ethereum, Solana, and others. This move is part of a proof of concept to test the potential uses of blockchain across the government. Chainlink also confirmed that six core economic indicators will be available on-chain, with data refreshed monthly or quarterly. Meanwhile, Chainlink's LINK is trading around $24, with resistance at $26.60. Analysts predict a potential breakout or retracement. Additionally, Nasdaq-listed Caliber has adopted a Digital Asset Treasury strategy that includes LINK, highlighting the growing trend of corporations using digital assets as part of their treasury strategies.

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Projected Timeline for Bitcoin's Next Record High: A BTC Price Prediction Bitcoin's next bull cycle may peak in late 2025 with the potential to reach new highs of $150,000, according to market analysts. This projection is based on a slowing but extended growth curve and considerations such as supply scarcity and institutional holding patterns. Analyst Egrag Crypto indicates that despite each successive cycle delivering smaller gains, the uptrends are lasting longer, suggesting a peak growth of 27% by December 2025. The analyst also suggests this deceleration in growth could extend the bull phase into early 2026. The potential for Bitcoin to reach $150,000 in 2025 is further supported by a report from CryptoQuant, which highlights a state of "liquidity scarcity" on major exchanges, creating upward pressure on the price of Bitcoin. However, the market remains vulnerable to swift corrections and variations in institutional involvement.

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Cryptocurrency Value Review for August 29: Examining ETH, XRP, ADA, BNB, and HYPE In our review of key cryptocurrencies, Ethereum (ETH) reached a new high of $4,960 this week, but needs to break and maintain the $5,000 level to keep the rally going. Ripple (XRP) remains in a downtrend, despite a 2% gain, and risks falling lower if the $2.8 support level is breached. Cardano (ADA) is stagnant, moving sideways around $0.85, signaling potential weakness. Binance Coin (BNB) performed strongly, maintaining gains after hitting an all-time high of $900, and is likely to continue its upward trend. Hyperliquid (HYPE) attempted to break the $50 mark but was pushed back to $45, yet still closed the week with a 9% gain, indicating a bullish bias.

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PYTH Value Surges 91% Following Acquisition of US Government Blockchain Data Role The US Department of Commerce has chosen the Pyth Network to assist in distributing and verifying official economic data on blockchain networks, leading to a 91% surge in PYTH value. Alongside Chainlink, Pyth Network will publish data, such as the US GDP, on various blockchains including Bitcoin, Ethereum, Solana, and others. The news of this partnership led to a significant price increase for PYTH, with the token's 7-day gain standing at over 95% and trading volume surpassing $2.1 billion in 24 hours. However, data indicates a degree of profit-taking, with $166K offloaded from PYTH following the sharp price increase, suggesting some investors are capitalizing on the rapid upswing.

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