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Solana Eyes $1,315 After Cup and Handle Breakout on Weekly ChartSolana has broken above key resistance in a textbook cup and handle formation, setting a technical projection toward $1,315. The breakout follows months of consolidation, supported by strong gains and defined Fibonacci targets on the weekly timeframe. Cup and Handle Structure Points to Higher Targets The weekly SOL/USDT chart reveals a completed cup and handle formation, a classical bullish continuation pattern in technical analysis. The “cup” formed between late 2022 and late 2024, starting with a decline to the $8–$9 range before a gradual recovery. The rounded bottom lifted prices back to the $200 zone, marking the cup’s rim. Early 2025 began the handle phase, with price action consolidating in a downward-sloping channel. The breakout above this channel in recent weeks confirms the pattern’s technical completion. Fibonacci Targets Define Rally Path According to analysis shared by Ali (@ali_charts), the breakout sets a Fibonacci-based target at $1,315, derived from the height of the cup added to the breakout point. This move suggests a multi-month bullish cycle could be underway. Intermediate Fibonacci levels at $382, $627, and $872 are mapped as potential resistance and profit-taking zones during the advance. These levels provide reference points for traders monitoring the rally’s progression. Current Price Action and Market Context At the time of writing, Solana trades at a price of 182.42 with a 24-hour volume of 5835405607. The asset has increased by 0.39 percent in the last day and 13.38 percent in the last week. This performance follows an 11.15% surge in the current week, reflecting renewed buying momentum. Historical precedents in crypto markets show similar breakout structures have preceded extended bullish trends after long accumulation phases. #BinanceTurns8

Solana Eyes $1,315 After Cup and Handle Breakout on Weekly Chart

Solana has broken above key resistance in a textbook cup and handle formation, setting a technical projection toward $1,315. The breakout follows months of consolidation, supported by strong gains and defined Fibonacci targets on the weekly timeframe.
Cup and Handle Structure Points to Higher Targets
The weekly SOL/USDT chart reveals a completed cup and handle formation, a classical bullish continuation pattern in technical analysis. The “cup” formed between late 2022 and late 2024, starting with a decline to the $8–$9 range before a gradual recovery.
The rounded bottom lifted prices back to the $200 zone, marking the cup’s rim. Early 2025 began the handle phase, with price action consolidating in a downward-sloping channel. The breakout above this channel in recent weeks confirms the pattern’s technical completion.
Fibonacci Targets Define Rally Path
According to analysis shared by Ali (@ali_charts), the breakout sets a Fibonacci-based target at $1,315, derived from the height of the cup added to the breakout point. This move suggests a multi-month bullish cycle could be underway.

Intermediate Fibonacci levels at $382, $627, and $872 are mapped as potential resistance and profit-taking zones during the advance. These levels provide reference points for traders monitoring the rally’s progression.
Current Price Action and Market Context
At the time of writing, Solana trades at a price of 182.42 with a 24-hour volume of 5835405607. The asset has increased by 0.39 percent in the last day and 13.38 percent in the last week.

This performance follows an 11.15% surge in the current week, reflecting renewed buying momentum. Historical precedents in crypto markets show similar breakout structures have preceded extended bullish trends after long accumulation phases.

#BinanceTurns8
Ethereum Breakout Could Ignite $1 Trillion Altcoin Boom, Says Top TraderKevin Svenson, a well-known market analyst, says a breakout in Ethereum could ignite a powerful rally across smaller-cap cryptocurrencies. Svenson is watching the “OTHERS” chart — an index tracking the market capitalization of all cryptocurrencies excluding the top 10 assets and stablecoins. According to him, the chart is showing signs of building momentum, and a decisive move higher could be imminent. Ethereum Seen as the Catalyst Ethereum’s recent push above $4,000 is the key trigger Svenson is watching. He argues that the move reinforces ETH’s position as the dominant force in decentralized finance, controlling more than half of the total value locked in the sector. He also notes that Ethereum is central to the stablecoin ecosystem, which he considers the biggest narrative in crypto after Bitcoin itself. “Ethereum’s fundamentals are still incredibly strong,” Svenson explained, adding that the asset remains “tremendously undervalued” relative to its role in the industry. Altcoin Targets for This Cycle Svenson believes that once Ethereum solidifies its breakout, capital will rapidly rotate into lower-cap altcoins, pushing the OTHERS index toward $550 billion in market capitalization. In an extremely bullish scenario, he sees the index potentially hitting $1 trillion before the current cycle ends. If his outlook proves accurate, the coming months could see a major shift in focus from Bitcoin dominance toward broader altcoin participation — a scenario that often marks the most aggressive stages of a crypto bull market. #BinanceTurns8

Ethereum Breakout Could Ignite $1 Trillion Altcoin Boom, Says Top Trader

Kevin Svenson, a well-known market analyst, says a breakout in Ethereum could ignite a powerful rally across smaller-cap cryptocurrencies.
Svenson is watching the “OTHERS” chart — an index tracking the market capitalization of all cryptocurrencies excluding the top 10 assets and stablecoins. According to him, the chart is showing signs of building momentum, and a decisive move higher could be imminent.

Ethereum Seen as the Catalyst
Ethereum’s recent push above $4,000 is the key trigger Svenson is watching. He argues that the move reinforces ETH’s position as the dominant force in decentralized finance, controlling more than half of the total value locked in the sector. He also notes that Ethereum is central to the stablecoin ecosystem, which he considers the biggest narrative in crypto after Bitcoin itself.
“Ethereum’s fundamentals are still incredibly strong,” Svenson explained, adding that the asset remains “tremendously undervalued” relative to its role in the industry.
Altcoin Targets for This Cycle
Svenson believes that once Ethereum solidifies its breakout, capital will rapidly rotate into lower-cap altcoins, pushing the OTHERS index toward $550 billion in market capitalization. In an extremely bullish scenario, he sees the index potentially hitting $1 trillion before the current cycle ends.
If his outlook proves accurate, the coming months could see a major shift in focus from Bitcoin dominance toward broader altcoin participation — a scenario that often marks the most aggressive stages of a crypto bull market.
#BinanceTurns8
Saylor’s Strategy started buying Bitcoin 5 years ago. It's now up 2,600%Strategy has just marked five years since its first ever Bitcoin purchase, a starting move that’s helped its share price surge nearly 2,600% since 2020 and revive it from a 20-year lull. MicroStrategy Inc., which now does business as Strategy, bought its first batch of Bitcoin (BTC) on Aug. 11, 2020, spending $250 million to scoop up 21,454 BTC in what founder Michael Saylor called its “new capital allocation strategy.” The company has since spent a total of $46 billion buying 628,791 BTC, the largest Bitcoin holdings among any public or private company, and has inspired countless firms to copy its Bitcoin buys. Those buys have propelled MicroStrategy, Inc. (MSTR) shares to gain over 2,595% over the last five years, having closed trading on Friday at over $395 compared to under $15 it was trading at half a decade ago. Today marks 5 years since we adopted a $BTC strategy. pic.twitter.com/wZa1NJGeS1— Strategy (@Strategy) August 10, 2025 Strategy suffered an accounting scandal Saylor founded Strategy in 1989 and the company — still to this day — sells business analytics software and consulting services. The firm was a darling of the mid-1990s dot-com bubble, where businesses related to the then-new and widely adopted World Wide Web exploded in value, and it debuted on the Nasdaq in mid-1998. Strategy’s stock climbed over the next few years and shot to a closing high of $313 in early March 2000, which would remain its peak price for 24 years as later that month, Strategy admitted that a review of its accounting practices found it had overstated its revenues for 1998 and 1999. Its share price fell by over 60% in a day with the announcement and led to a slew of lawsuits, which many consider a pivotal event in bursting the dot-com bubble.  The Securities and Exchange Commission charged Strategy, Saylor and other executives with fraud and they later settled without admitting wrongdoing and paid millions in fines. Bitcoin revived Strategy shares from 20 year flatline Strategy’s share price didn’t recover after the accounting saga, and briefly went as low as under 50 cents, but mainly floated around $10 and $20 for the next twenty years. That was until it started buying Bitcoin — which helped its share price more than quadruple in the 12 months after its first purchase to over $70 for the first time in 20 years, as the cryptocurrency went from around $11,500 to $50,000 in the same period. Strategy’s vast Bitcoin holdings mean its share price largely follows the ups and downs of the cryptocurrency, and it took 24 years for the company’s stock to beat its March 2000 peak, after MSTR closed trading on Nov. 11, 2024, at $340 — the same day Bitcoin crossed $80,000 for the first time. What’s next for Strategy and Bitcoin? Saylor said in May that Strategy will look to raise $84 billion over the next two years, mostly to continue buying Bitcoin, which doubled a previously announced plan to raise $21 billion. The company uses a variety of ways to raise capital, such as convertible debt notes and share sales, to fuel its Bitcoin buys. It’s currently sitting on an unrealized profit of around $28.8 billion on its Bitcoin investments, according to data from StrategyTracker. Strategy has said in regulatory disclosures that it could sell its holdings to pay off billions of dollars of debt. On Sunday, Saylor posted to X a chart showing Strategy’s past Bitcoin buys, adding, “If you don’t stop buying Bitcoin, you won’t stop making Money.” Similar posts have preceded Strategy announcing further Bitcoin purchases. The company last bought Bitcoin on July 29, scooping up 21,021 BTC. #BinanceTurns8

Saylor’s Strategy started buying Bitcoin 5 years ago. It's now up 2,600%

Strategy has just marked five years since its first ever Bitcoin purchase, a starting move that’s helped its share price surge nearly 2,600% since 2020 and revive it from a 20-year lull.
MicroStrategy Inc., which now does business as Strategy, bought its first batch of Bitcoin (BTC) on Aug. 11, 2020, spending $250 million to scoop up 21,454 BTC in what founder Michael Saylor called its “new capital allocation strategy.”
The company has since spent a total of $46 billion buying 628,791 BTC, the largest Bitcoin holdings among any public or private company, and has inspired countless firms to copy its Bitcoin buys.
Those buys have propelled MicroStrategy, Inc. (MSTR) shares to gain over 2,595% over the last five years, having closed trading on Friday at over $395 compared to under $15 it was trading at half a decade ago.
Today marks 5 years since we adopted a $BTC strategy. pic.twitter.com/wZa1NJGeS1— Strategy (@Strategy) August 10, 2025
Strategy suffered an accounting scandal
Saylor founded Strategy in 1989 and the company — still to this day — sells business analytics software and consulting services.
The firm was a darling of the mid-1990s dot-com bubble, where businesses related to the then-new and widely adopted World Wide Web exploded in value, and it debuted on the Nasdaq in mid-1998.
Strategy’s stock climbed over the next few years and shot to a closing high of $313 in early March 2000, which would remain its peak price for 24 years as later that month, Strategy admitted that a review of its accounting practices found it had overstated its revenues for 1998 and 1999.
Its share price fell by over 60% in a day with the announcement and led to a slew of lawsuits, which many consider a pivotal event in bursting the dot-com bubble. 
The Securities and Exchange Commission charged Strategy, Saylor and other executives with fraud and they later settled without admitting wrongdoing and paid millions in fines.
Bitcoin revived Strategy shares from 20 year flatline
Strategy’s share price didn’t recover after the accounting saga, and briefly went as low as under 50 cents, but mainly floated around $10 and $20 for the next twenty years.
That was until it started buying Bitcoin — which helped its share price more than quadruple in the 12 months after its first purchase to over $70 for the first time in 20 years, as the cryptocurrency went from around $11,500 to $50,000 in the same period.
Strategy’s vast Bitcoin holdings mean its share price largely follows the ups and downs of the cryptocurrency, and it took 24 years for the company’s stock to beat its March 2000 peak, after MSTR closed trading on Nov. 11, 2024, at $340 — the same day Bitcoin crossed $80,000 for the first time.
What’s next for Strategy and Bitcoin?
Saylor said in May that Strategy will look to raise $84 billion over the next two years, mostly to continue buying Bitcoin, which doubled a previously announced plan to raise $21 billion.
The company uses a variety of ways to raise capital, such as convertible debt notes and share sales, to fuel its Bitcoin buys.
It’s currently sitting on an unrealized profit of around $28.8 billion on its Bitcoin investments, according to data from StrategyTracker. Strategy has said in regulatory disclosures that it could sell its holdings to pay off billions of dollars of debt.
On Sunday, Saylor posted to X a chart showing Strategy’s past Bitcoin buys, adding, “If you don’t stop buying Bitcoin, you won’t stop making Money.”
Similar posts have preceded Strategy announcing further Bitcoin purchases. The company last bought Bitcoin on July 29, scooping up 21,021 BTC.

#BinanceTurns8
Bitcoin Dominance Drops as Altseason Kicks InBitcoin Dominance Signals Altseason Shift The crypto market is witnessing a major rotation, with Bitcoin dominance poised to drop to new lows. This metric, which measures BTC’s share of the total cryptocurrency market cap, has been steadily declining — a sign that traders are shifting capital toward alternative cryptocurrencies. Historically, a sharp fall in Bitcoin dominance has been a key indicator of altseason, a period where altcoins significantly outperform Bitcoin in percentage gains. Why Bitcoin Dominance Is Falling Several factors are contributing to the decline in BTC dominance: Altcoin Narratives: Layer 2 scaling solutions, AI-focused projects, and DeFi platforms are capturing investor interest.Higher Risk Appetite: As market sentiment turns bullish, traders are willing to chase higher returns in smaller-cap assets.Profit Rotation: Some BTC holders are taking profits and reallocating into altcoins with stronger short-term upside potential. This shift creates a “magnet effect,” pulling liquidity away from Bitcoin and into a broader set of crypto assets. What This Means for Traders For altcoin enthusiasts, falling Bitcoin dominance can be a golden opportunity. Historically, altseason phases have produced explosive rallies in select projects. However, they also come with increased volatility and higher risk. Seasoned traders recommend balancing exposure — participating in altcoin surges while maintaining some BTC allocation as a hedge against market reversals. #BinanceTurns8

Bitcoin Dominance Drops as Altseason Kicks In

Bitcoin Dominance Signals Altseason Shift
The crypto market is witnessing a major rotation, with Bitcoin dominance poised to drop to new lows. This metric, which measures BTC’s share of the total cryptocurrency market cap, has been steadily declining — a sign that traders are shifting capital toward alternative cryptocurrencies.
Historically, a sharp fall in Bitcoin dominance has been a key indicator of altseason, a period where altcoins significantly outperform Bitcoin in percentage gains.
Why Bitcoin Dominance Is Falling
Several factors are contributing to the decline in BTC dominance:
Altcoin Narratives: Layer 2 scaling solutions, AI-focused projects, and DeFi platforms are capturing investor interest.Higher Risk Appetite: As market sentiment turns bullish, traders are willing to chase higher returns in smaller-cap assets.Profit Rotation: Some BTC holders are taking profits and reallocating into altcoins with stronger short-term upside potential.
This shift creates a “magnet effect,” pulling liquidity away from Bitcoin and into a broader set of crypto assets.
What This Means for Traders
For altcoin enthusiasts, falling Bitcoin dominance can be a golden opportunity. Historically, altseason phases have produced explosive rallies in select projects. However, they also come with increased volatility and higher risk.
Seasoned traders recommend balancing exposure — participating in altcoin surges while maintaining some BTC allocation as a hedge against market reversals.
#BinanceTurns8
Ripple Unlocks 1 Billion XRP from Escrow AccountsOn August 9, 2025, Ripple released 1,000,000,000 XRP from escrows on the XRP Ledger, confirmed by on-chain XRPL transactions, marking a deviation from its usual release schedule. This escrow release reflects Ripple's strategic management and could influence XRP liquidity on exchanges, though immediate market impacts are unconfirmed as no official statements were provided by Ripple executives. Ripple Strategy and Execution On August 9, 2025, Ripple released 1 billion XRP from its escrow accounts. This action corresponds with Ripple's adjusted practice of unlocking XRP not solely on the month's first day but at varying times. Ripple's leadership, including CEO Brad Garlinghouse, oversaw this strategic execution. The release reflects Ripple's modified 2025 strategy of non–first-of-month unlocks, maintaining policy continuity in its monthly XRP management. Ripple’s modified practice of delayed unlocks reflects our commitment to sustainable liquidity management in the market." — Brad Garlinghouse, CEO, Ripple Market Impact on Liquidity Analysts expect Ripple's action to affect XRP market liquidity, potentially affecting enterprise product offerings. The relock of a significant portion will stabilize total XRP supply, maintaining investor confidence. Financial implications include enterprise funding, partnerships, and product development. Regulatory responses remain unchanged, given the routine nature of this procedure. Ripple continues its practice of transparency via on-chain data. Escrow Practices and Future Projections Experts predict changes in asset allocation and liquidity positions. Ripple's strategy could affect its market posture. Continuous on-chain data analysis confirms the company's unchanged commitment to escrow practices. The event highlights Ripple's potential impact on liquidity dynamics. #BinanceTurns8

Ripple Unlocks 1 Billion XRP from Escrow Accounts

On August 9, 2025, Ripple released 1,000,000,000 XRP from escrows on the XRP Ledger, confirmed by on-chain XRPL transactions, marking a deviation from its usual release schedule.
This escrow release reflects Ripple's strategic management and could influence XRP liquidity on exchanges, though immediate market impacts are unconfirmed as no official statements were provided by Ripple executives.
Ripple Strategy and Execution
On August 9, 2025, Ripple released 1 billion XRP from its escrow accounts. This action corresponds with Ripple's adjusted practice of unlocking XRP not solely on the month's first day but at varying times. Ripple's leadership, including CEO Brad Garlinghouse, oversaw this strategic execution. The release reflects Ripple's modified 2025 strategy of non–first-of-month unlocks, maintaining policy continuity in its monthly XRP management.
Ripple’s modified practice of delayed unlocks reflects our commitment to sustainable liquidity management in the market." — Brad Garlinghouse, CEO, Ripple
Market Impact on Liquidity
Analysts expect Ripple's action to affect XRP market liquidity, potentially affecting enterprise product offerings. The relock of a significant portion will stabilize total XRP supply, maintaining investor confidence. Financial implications include enterprise funding, partnerships, and product development. Regulatory responses remain unchanged, given the routine nature of this procedure. Ripple continues its practice of transparency via on-chain data.
Escrow Practices and Future Projections
Experts predict changes in asset allocation and liquidity positions. Ripple's strategy could affect its market posture. Continuous on-chain data analysis confirms the company's unchanged commitment to escrow practices. The event highlights Ripple's potential impact on liquidity dynamics.

#BinanceTurns8
UK Companies Surpass Bitcoin Treasury MilestonesThe UK-based Smarter Web Company and London BTC Company have crossed key milestones in their Bitcoin strategies, each achieving critical thresholds in treasury size and mining operations, as officially reported. These achievements underscore growing corporate adoption of Bitcoin in the UK, potentially impacting market dynamics by reinforcing BTC's institutional investment appeal and operational utility. Two UK-linked companies, the Smarter Web Company and London BTC Company, have each surpassed a crucial 1,000-unit benchmark. The former achieved a treasury balance of 1,000 BTC, while the latter surpassed 1,000 operational miners. By reaching these milestones, both companies have entrenched their positions as significant BTC-focused corporate entities. The Smarter Web Company purchased 226.42 BTC, updating its strategies and holdings. Meanwhile, London BTC Company increased its ASUS miner fleet to 1,005. These achievements have various impacts on the cryptocurrency market, particularly regarding BTC supply and demand dynamics. The accumulation and mining advancements could influence price stability and market liquidity. The Smarter Web Company's BTC purchase aligns with its long-term strategy, implicating broader financial structures by allocating a cash reserve of £42.3m for further BTC acquisition. London BTC’s operational milestone reflects enhanced mining yields. Crossing the 1,000 miner mark is a major operational milestone for us. Bitcoin mining is not just about production; it's also about building a Bitcoin-denominated cost base and earning native yield on our treasury. — Hewie Rattray, CEO, London BTC Company Public perceptions of these events are noteworthy for understanding market and industry trends. The firms’ actions could shift competitive dynamics within the crypto space. These developments hint at possible regulatory outcomes as more companies adopt Bitcoin treasuries. Historical patterns indicate that companies increasing BTC holdings typically reflect a long-term bullish sentiment on cryptocurrency prospects. #BinanceTurns8

UK Companies Surpass Bitcoin Treasury Milestones

The UK-based Smarter Web Company and London BTC Company have crossed key milestones in their Bitcoin strategies, each achieving critical thresholds in treasury size and mining operations, as officially reported.
These achievements underscore growing corporate adoption of Bitcoin in the UK, potentially impacting market dynamics by reinforcing BTC's institutional investment appeal and operational utility.
Two UK-linked companies, the Smarter Web Company and London BTC Company, have each surpassed a crucial 1,000-unit benchmark. The former achieved a treasury balance of 1,000 BTC, while the latter surpassed 1,000 operational miners.
By reaching these milestones, both companies have entrenched their positions as significant BTC-focused corporate entities. The Smarter Web Company purchased 226.42 BTC, updating its strategies and holdings. Meanwhile, London BTC Company increased its ASUS miner fleet to 1,005.
These achievements have various impacts on the cryptocurrency market, particularly regarding BTC supply and demand dynamics. The accumulation and mining advancements could influence price stability and market liquidity.
The Smarter Web Company's BTC purchase aligns with its long-term strategy, implicating broader financial structures by allocating a cash reserve of £42.3m for further BTC acquisition. London BTC’s operational milestone reflects enhanced mining yields.
Crossing the 1,000 miner mark is a major operational milestone for us. Bitcoin mining is not just about production; it's also about building a Bitcoin-denominated cost base and earning native yield on our treasury. — Hewie Rattray, CEO, London BTC Company
Public perceptions of these events are noteworthy for understanding market and industry trends. The firms’ actions could shift competitive dynamics within the crypto space.
These developments hint at possible regulatory outcomes as more companies adopt Bitcoin treasuries. Historical patterns indicate that companies increasing BTC holdings typically reflect a long-term bullish sentiment on cryptocurrency prospects.

#BinanceTurns8
Ethereum bag holders will rotate back to Bitcoin: Samson MowBitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether.  However, historical market cycle patterns could indicate otherwise.  “Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm JAN3 on Sunday.  He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.” “No one wants ETH in the long run,” the Bitcoin (BTC) maximalist said.  Mow, who has repeatedly ridiculed altcoins, added that it will be “challenging” for ETH to break all-time highs “because the closer you reach that psychological level, the stronger the drive to sell,” describing it as a “Bagholder’s Dilemma.”  ETH/BTC ratio breaks trend Mow continued to state that Bitcoiners shouldn’t be worried about the ETH/BTC ratio breaking the downward trendline.  “Ethereum has always been a vehicle for those people to get more Bitcoin. It was true for the ICO, and it’s true now.” The metric, which is a measure of the price of Ether in terms of BTC, is currently 0.036, according to TradingView.  It has doubled since its five and a half year low of 0.018 in April as Ether has surged while Bitcoin has remained relatively static.  Ethereum advocate Anthony Sassano, labeleld the post as “old school Bitcoin maxis” criticizing Ethereum, and that it was a bullish sign for ETH. Rotation back into altcoins Investor and entrepreneur Ted Pillows offered a different perspective on Sunday, forecasting that Ether will hit a new peak price and spark a mini altseason, before capital rotates back into Bitcoin until it hits around $140,000, followed by a final rotation back into Ether and altcoins.  Related: Michael Saylor is not sweating the rise of Ethereum treasury companies This is a typical crypto rotation pattern that has played out in previous bull market years, with Ethereum and altcoins lagging Bitcoin with their cycle highs.  Bitcoin dominance has also declined 10% since late June as the rotation into altcoins continues.  Ether’s “incredible pump to $4,300 from institutional interest in strategy reserve plays, has aided DeFi platforms in gaining higher TVL, while “innovative yield farming and lending strategies draw users back,” Nick Ruck, director at LVRG Research, told Cointelegraph.  ETH weekly close highest since 2021 Meanwhile, ETH prices have seen their highest weekly candle close since November 2021 as the asset topped $4,300 in late trading on Sunday following a weekly gain of 21%. Ether is now just 12% away from its 2021 all-time high of $4,878, and momentum is still very much with it despite the derision from Bitcoin maxis.  #BinanceTurns8

Ethereum bag holders will rotate back to Bitcoin: Samson Mow

Bitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. 
However, historical market cycle patterns could indicate otherwise. 
“Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm JAN3 on Sunday. 
He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.”
“No one wants ETH in the long run,” the Bitcoin (BTC) maximalist said. 
Mow, who has repeatedly ridiculed altcoins, added that it will be “challenging” for ETH to break all-time highs “because the closer you reach that psychological level, the stronger the drive to sell,” describing it as a “Bagholder’s Dilemma.” 
ETH/BTC ratio breaks trend
Mow continued to state that Bitcoiners shouldn’t be worried about the ETH/BTC ratio breaking the downward trendline. 
“Ethereum has always been a vehicle for those people to get more Bitcoin. It was true for the ICO, and it’s true now.”
The metric, which is a measure of the price of Ether in terms of BTC, is currently 0.036, according to TradingView. 
It has doubled since its five and a half year low of 0.018 in April as Ether has surged while Bitcoin has remained relatively static. 
Ethereum advocate Anthony Sassano, labeleld the post as “old school Bitcoin maxis” criticizing Ethereum, and that it was a bullish sign for ETH.
Rotation back into altcoins
Investor and entrepreneur Ted Pillows offered a different perspective on Sunday, forecasting that Ether will hit a new peak price and spark a mini altseason, before capital rotates back into Bitcoin until it hits around $140,000, followed by a final rotation back into Ether and altcoins. 
Related: Michael Saylor is not sweating the rise of Ethereum treasury companies
This is a typical crypto rotation pattern that has played out in previous bull market years, with Ethereum and altcoins lagging Bitcoin with their cycle highs. 
Bitcoin dominance has also declined 10% since late June as the rotation into altcoins continues. 
Ether’s “incredible pump to $4,300 from institutional interest in strategy reserve plays, has aided DeFi platforms in gaining higher TVL, while “innovative yield farming and lending strategies draw users back,” Nick Ruck, director at LVRG Research, told Cointelegraph. 
ETH weekly close highest since 2021
Meanwhile, ETH prices have seen their highest weekly candle close since November 2021 as the asset topped $4,300 in late trading on Sunday following a weekly gain of 21%.
Ether is now just 12% away from its 2021 all-time high of $4,878, and momentum is still very much with it despite the derision from Bitcoin maxis. 

#BinanceTurns8
Ripple's $3.28 Billion XRP Unlock Triggers Market Selloff FearsRipple's release of 1 billion XRP tokens worth $3.28 billion from escrow on Saturday triggered market uncertainty and halted the cryptocurrency's multi-day rally. The unlock, which occurred through three separate transactions of 500 million, 100 million, and 400 million tokens according to Whale Alert, sparked fears of a potential sell-off despite company executives' attempts to reassure investors. What to Know: Ripple unlocked 1 billion XRP tokens worth $3.28 billion from escrow, causing market volatility and investor concernCompany CTO David Schwartz clarified the release as routine monthly activity, not market manipulationTechnical analysis suggests XRP price could drop 5-7% before potential recovery, with key support at $2.9611-$2.7354 Market Reaction and Executive Response The token unlock immediately generated backlash from the XRP community. CFA Rajat Soni, a prominent social media commentator, criticized the timing by posting, "They want you to buy XRP while they sell it." His statement reflected broader sentiment that Ripple was manipulating market conditions. The controversy emerged just as XRP had been experiencing upward momentum following positive developments in Ripple's legal battle with the Securities and Exchange Commission. This timing amplified concerns about the company's motives. Ripple CTO David Schwartz moved quickly to address the growing unrest. "They always release on the first day of the month," Schwartz explained. "You may not necessarily see any on ledger activity just because the escrow has released, though. The ledger doesn't do anything by itself; it always waits for someone to submit a transaction to trigger it." Understanding Ripple's Escrow System Ripple established its escrow system in 2017 as a mechanism to stabilize XRP's market supply. The protocol allows for monthly releases of up to 1 billion tokens, designed to prevent market flooding while maintaining price stability. XRPscan data reveals approximately 35.6 billion XRP remains locked in escrow following the August 9 release. Community members have noted that escrow accounts have released contracts randomly over the past two months, raising questions about the system's predictability. One community member directly challenged the system's integrity: "Can Ripple manipulate the escrowed contract release date at any given point? So in theory, they could release the whole 36 billion XRP in the next 5 minutes?" The escrow mechanism represents a significant portion of XRP's total supply. While structured to be predictable, individual transactions displayed on the XRP Ledger often create market volatility regardless of their routine nature. Technical Analysis and Price Projections Market analysts suggest XRP remains positioned for a potential breakout on higher timeframes despite current volatility. However, immediate price action indicates a cooling-off period before the next significant move. Bullish volume profiles show buyers waiting to engage at the demand zone between $2.9611 and $2.7354. This positioning suggests XRP could decline another 5% to 7% before bulls attempt a reversal. The Relative Strength Index indicator shows declining momentum. If immediate support at $3.1061 fails, the price could retreat to the demand zone where significant downside support exists. Conversely, sustained buying pressure above current levels could resume the uptrend and overpower bearish sentiment. The supply zone between $3.4000 and $3.5493 currently creates overhead resistance. Bulls considering long positions should await a candlestick close above the supply zone's midpoint at $3.4687 on the daily timeframe. Such a move could catalyze further gains and push XRP toward reclaiming its recent peak of $3.6607, representing a 7% increase from current levels. Closing Thoughts Ripple's routine escrow unlock created significant market turbulence despite company assurances about the process's regularity. Technical indicators suggest XRP may need to retreat further before resuming its upward trajectory, with key support and resistance levels clearly defined for traders. #BinanceTurns8

Ripple's $3.28 Billion XRP Unlock Triggers Market Selloff Fears

Ripple's release of 1 billion XRP tokens worth $3.28 billion from escrow on Saturday triggered market uncertainty and halted the cryptocurrency's multi-day rally. The unlock, which occurred through three separate transactions of 500 million, 100 million, and 400 million tokens according to Whale Alert, sparked fears of a potential sell-off despite company executives' attempts to reassure investors.
What to Know:
Ripple unlocked 1 billion XRP tokens worth $3.28 billion from escrow, causing market volatility and investor concernCompany CTO David Schwartz clarified the release as routine monthly activity, not market manipulationTechnical analysis suggests XRP price could drop 5-7% before potential recovery, with key support at $2.9611-$2.7354
Market Reaction and Executive Response
The token unlock immediately generated backlash from the XRP community. CFA Rajat Soni, a prominent social media commentator, criticized the timing by posting, "They want you to buy XRP while they sell it." His statement reflected broader sentiment that Ripple was manipulating market conditions.
The controversy emerged just as XRP had been experiencing upward momentum following positive developments in Ripple's legal battle with the Securities and Exchange Commission. This timing amplified concerns about the company's motives.
Ripple CTO David Schwartz moved quickly to address the growing unrest. "They always release on the first day of the month," Schwartz explained. "You may not necessarily see any on ledger activity just because the escrow has released, though. The ledger doesn't do anything by itself; it always waits for someone to submit a transaction to trigger it."
Understanding Ripple's Escrow System
Ripple established its escrow system in 2017 as a mechanism to stabilize XRP's market supply. The protocol allows for monthly releases of up to 1 billion tokens, designed to prevent market flooding while maintaining price stability.
XRPscan data reveals approximately 35.6 billion XRP remains locked in escrow following the August 9 release. Community members have noted that escrow accounts have released contracts randomly over the past two months, raising questions about the system's predictability.
One community member directly challenged the system's integrity: "Can Ripple manipulate the escrowed contract release date at any given point? So in theory, they could release the whole 36 billion XRP in the next 5 minutes?"
The escrow mechanism represents a significant portion of XRP's total supply. While structured to be predictable, individual transactions displayed on the XRP Ledger often create market volatility regardless of their routine nature.
Technical Analysis and Price Projections
Market analysts suggest XRP remains positioned for a potential breakout on higher timeframes despite current volatility. However, immediate price action indicates a cooling-off period before the next significant move.
Bullish volume profiles show buyers waiting to engage at the demand zone between $2.9611 and $2.7354. This positioning suggests XRP could decline another 5% to 7% before bulls attempt a reversal.
The Relative Strength Index indicator shows declining momentum. If immediate support at $3.1061 fails, the price could retreat to the demand zone where significant downside support exists.
Conversely, sustained buying pressure above current levels could resume the uptrend and overpower bearish sentiment. The supply zone between $3.4000 and $3.5493 currently creates overhead resistance.
Bulls considering long positions should await a candlestick close above the supply zone's midpoint at $3.4687 on the daily timeframe. Such a move could catalyze further gains and push XRP toward reclaiming its recent peak of $3.6607, representing a 7% increase from current levels.
Closing Thoughts
Ripple's routine escrow unlock created significant market turbulence despite company assurances about the process's regularity. Technical indicators suggest XRP may need to retreat further before resuming its upward trajectory, with key support and resistance levels clearly defined for traders.

#BinanceTurns8
Ethereum Whale’s Astounding Accumulation: 68K ETH Acquired Since June 22The cryptocurrency world is always buzzing with intriguing movements, and recently, an anonymous Ethereum whale has truly captured attention. Since June 22, this mysterious entity has amassed a staggering 68,000 ETH, valued at approximately $120 million. This significant ETH accumulation highlights a powerful conviction in Ethereum’s future, sending ripples through the market. Who is This Mysterious Ethereum Whale? According to diligent on-chain analysis by crypto observer @ai_9684xtpa on X, a specific address has been consistently adding to its Ethereum holdings. This large-scale acquisition began on June 22, with the average purchase price hovering around $2,597 per ETH. Such focused buying indicates a strategic long-term outlook rather than speculative day trading. Just recently, a substantial transaction occurred: the address withdrew 8,745 ETH directly from the Binance Exchange. This move suggests the whale is moving assets to a self-custody wallet, further emphasizing their intent to hold these assets for an extended period. Understanding the patterns of a large ETH holder like this is crucial for market watchers. Understanding Large ETH Accumulation When an Ethereum whale undertakes such a massive accumulation, it’s rarely a random event. These entities often possess deep market insights or are making calculated moves based on extensive research and conviction. Their actions can significantly influence market sentiment and, potentially, price action. Market Confidence: Large purchases by whales can signal confidence in the asset’s future, encouraging other investors.Supply Dynamics: Removing significant amounts of ETH from exchanges can reduce the available supply, potentially creating upward price pressure.Strategic Positioning: Whales often accumulate during periods of market consolidation or slight dips, positioning themselves for future rallies. This particular instance of ETH accumulation demonstrates a strong belief in Ethereum’s ecosystem and its upcoming developments. What Drives Crypto Whale Activity? Crypto whale activity is a fascinating aspect of the digital asset landscape. Several factors typically drive these significant movements: Fundamental Belief: A strong conviction in the underlying technology and long-term potential of a blockchain like Ethereum.Macroeconomic Trends: Whales might be positioning assets in anticipation of broader economic shifts, such as inflation or interest rate changes.Technological Milestones: For Ethereum, major upgrades like the upcoming Dencun or future developments could be strong motivators for a large ETH holder to increase their stake.Arbitrage Opportunities: While less likely for such large, sustained accumulation, some whale activity can stem from exploiting price differences across exchanges. The anonymity of this particular whale adds an element of intrigue, making it difficult to pinpoint the exact rationale behind their extensive buying spree. However, the sheer volume speaks volumes about their bullish stance. Implications for the Ethereum Market The continuous ETH accumulation by this anonymous whale could have several implications for the broader Ethereum market. Firstly, it reduces the circulating supply available on exchanges, which, if demand remains constant or increases, could lead to price appreciation. Secondly, such visible on-chain analysis of large purchases can inspire retail investors and smaller institutions, creating a positive feedback loop. Furthermore, the fact that a significant portion of these holdings was withdrawn from Binance suggests a move towards cold storage, indicating a long-term investment strategy rather than short-term speculation. This behavior often precedes periods of sustained growth, as it removes a large block of ETH from immediate selling pressure. In conclusion, the relentless ETH accumulation by this anonymous Ethereum whale since June 22 is a powerful signal in the crypto space. It underscores a deep conviction in Ethereum’s value proposition and future growth. While the identity of this large ETH holder remains a mystery, their actions provide valuable insights into market sentiment and potential future trends. Monitoring such significant movements through on-chain analysis continues to be a vital practice for anyone navigating the dynamic world of cryptocurrencies. Frequently Asked Questions (FAQs) Q1: What is an Ethereum whale? A: An Ethereum whale is an individual or entity that holds a very large amount of Ethereum (ETH), typically enough to influence market prices or sentiment through their transactions. Q2: How much ETH did the anonymous whale accumulate? A: The anonymous whale accumulated 68,000 ETH, valued at approximately $120 million, since June 22. Q3: What does ‘on-chain analysis’ mean? A: On-chain analysis involves examining data directly from a blockchain’s public ledger, such as transaction volumes, wallet addresses, and token movements, to gain insights into market behavior and trends. Q4: Why is a whale moving ETH from an exchange to a private wallet significant? A: Moving ETH from an exchange to a private (cold) wallet typically indicates a long-term holding strategy, as it removes the assets from immediate trading availability and reduces selling pressure on exchanges. Q5: How can large ETH accumulation affect the market? A: Large ETH accumulation can signal strong bullish sentiment, reduce circulating supply on exchanges, and potentially lead to upward price pressure due to increased demand relative to available supply. #BinanceTurns8

Ethereum Whale’s Astounding Accumulation: 68K ETH Acquired Since June 22

The cryptocurrency world is always buzzing with intriguing movements, and recently, an anonymous Ethereum whale has truly captured attention. Since June 22, this mysterious entity has amassed a staggering 68,000 ETH, valued at approximately $120 million. This significant ETH accumulation highlights a powerful conviction in Ethereum’s future, sending ripples through the market.
Who is This Mysterious Ethereum Whale?
According to diligent on-chain analysis by crypto observer @ai_9684xtpa on X, a specific address has been consistently adding to its Ethereum holdings. This large-scale acquisition began on June 22, with the average purchase price hovering around $2,597 per ETH. Such focused buying indicates a strategic long-term outlook rather than speculative day trading.
Just recently, a substantial transaction occurred: the address withdrew 8,745 ETH directly from the Binance Exchange. This move suggests the whale is moving assets to a self-custody wallet, further emphasizing their intent to hold these assets for an extended period. Understanding the patterns of a large ETH holder like this is crucial for market watchers.
Understanding Large ETH Accumulation
When an Ethereum whale undertakes such a massive accumulation, it’s rarely a random event. These entities often possess deep market insights or are making calculated moves based on extensive research and conviction. Their actions can significantly influence market sentiment and, potentially, price action.
Market Confidence: Large purchases by whales can signal confidence in the asset’s future, encouraging other investors.Supply Dynamics: Removing significant amounts of ETH from exchanges can reduce the available supply, potentially creating upward price pressure.Strategic Positioning: Whales often accumulate during periods of market consolidation or slight dips, positioning themselves for future rallies.
This particular instance of ETH accumulation demonstrates a strong belief in Ethereum’s ecosystem and its upcoming developments.
What Drives Crypto Whale Activity?
Crypto whale activity is a fascinating aspect of the digital asset landscape. Several factors typically drive these significant movements:
Fundamental Belief: A strong conviction in the underlying technology and long-term potential of a blockchain like Ethereum.Macroeconomic Trends: Whales might be positioning assets in anticipation of broader economic shifts, such as inflation or interest rate changes.Technological Milestones: For Ethereum, major upgrades like the upcoming Dencun or future developments could be strong motivators for a large ETH holder to increase their stake.Arbitrage Opportunities: While less likely for such large, sustained accumulation, some whale activity can stem from exploiting price differences across exchanges.
The anonymity of this particular whale adds an element of intrigue, making it difficult to pinpoint the exact rationale behind their extensive buying spree. However, the sheer volume speaks volumes about their bullish stance.
Implications for the Ethereum Market
The continuous ETH accumulation by this anonymous whale could have several implications for the broader Ethereum market. Firstly, it reduces the circulating supply available on exchanges, which, if demand remains constant or increases, could lead to price appreciation. Secondly, such visible on-chain analysis of large purchases can inspire retail investors and smaller institutions, creating a positive feedback loop.
Furthermore, the fact that a significant portion of these holdings was withdrawn from Binance suggests a move towards cold storage, indicating a long-term investment strategy rather than short-term speculation. This behavior often precedes periods of sustained growth, as it removes a large block of ETH from immediate selling pressure.
In conclusion, the relentless ETH accumulation by this anonymous Ethereum whale since June 22 is a powerful signal in the crypto space. It underscores a deep conviction in Ethereum’s value proposition and future growth. While the identity of this large ETH holder remains a mystery, their actions provide valuable insights into market sentiment and potential future trends. Monitoring such significant movements through on-chain analysis continues to be a vital practice for anyone navigating the dynamic world of cryptocurrencies.
Frequently Asked Questions (FAQs)
Q1: What is an Ethereum whale?
A: An Ethereum whale is an individual or entity that holds a very large amount of Ethereum (ETH), typically enough to influence market prices or sentiment through their transactions.
Q2: How much ETH did the anonymous whale accumulate?
A: The anonymous whale accumulated 68,000 ETH, valued at approximately $120 million, since June 22.
Q3: What does ‘on-chain analysis’ mean?
A: On-chain analysis involves examining data directly from a blockchain’s public ledger, such as transaction volumes, wallet addresses, and token movements, to gain insights into market behavior and trends.
Q4: Why is a whale moving ETH from an exchange to a private wallet significant?
A: Moving ETH from an exchange to a private (cold) wallet typically indicates a long-term holding strategy, as it removes the assets from immediate trading availability and reduces selling pressure on exchanges.
Q5: How can large ETH accumulation affect the market?
A: Large ETH accumulation can signal strong bullish sentiment, reduce circulating supply on exchanges, and potentially lead to upward price pressure due to increased demand relative to available supply.

#BinanceTurns8
Elon Musk's Political Stance Sparks No Verifiable Trend ShiftWithout primary evidence, the credibility and influence of the 'Wangshi' claim on Musk's political stance and potential market reactions remain speculative. Recent speculation over Elon Musk's alleged political stance shift lacks primary-source confirmation. No statements have surfaced from Musk or any verified associates about rejoining the MAGA camp before the upcoming elections, according to official channels. Elon Musk maintains a consistent political position, as seen on his official X account. There is no indication from Musk or any associated figures of altering his stance aligned with the MAGA movement before anticipated midterms. The absence of verifiable statements from Musk regarding his political stance effectively nullifies speculative impacts on markets or political dynamics. Cryptocurrencies such as BTC and ETH have shown no unusual changes correlated with these speculations. Financial analysts and political observers indicate neutral market reactions to such unverified claims. The cryptocurrency community remains focused on confirmed statements and data, avoiding actions based on unclear rumors. Experts suggest maintaining a focus on quantified data and verified releases to avoid misconceptions affecting market behavior. Musk's influence on markets, previously substantial, underscores the importance of confirmed primary communications for informed decision-making. Potential insights indicate typical market stability, barring unforeseen statements from key figures. Historical trends underscore the significance of direct source content and verified disclosures in shaping financial and political landscapes, including regulatory responses. "All political commentary must be validated through his social media posts or press releases." #BinanceTurns8

Elon Musk's Political Stance Sparks No Verifiable Trend Shift

Without primary evidence, the credibility and influence of the 'Wangshi' claim on Musk's political stance and potential market reactions remain speculative.
Recent speculation over Elon Musk's alleged political stance shift lacks primary-source confirmation. No statements have surfaced from Musk or any verified associates about rejoining the MAGA camp before the upcoming elections, according to official channels.
Elon Musk maintains a consistent political position, as seen on his official X account. There is no indication from Musk or any associated figures of altering his stance aligned with the MAGA movement before anticipated midterms.

The absence of verifiable statements from Musk regarding his political stance effectively nullifies speculative impacts on markets or political dynamics. Cryptocurrencies such as BTC and ETH have shown no unusual changes correlated with these speculations.
Financial analysts and political observers indicate neutral market reactions to such unverified claims. The cryptocurrency community remains focused on confirmed statements and data, avoiding actions based on unclear rumors.
Experts suggest maintaining a focus on quantified data and verified releases to avoid misconceptions affecting market behavior. Musk's influence on markets, previously substantial, underscores the importance of confirmed primary communications for informed decision-making.
Potential insights indicate typical market stability, barring unforeseen statements from key figures. Historical trends underscore the significance of direct source content and verified disclosures in shaping financial and political landscapes, including regulatory responses. "All political commentary must be validated through his social media posts or press releases."

#BinanceTurns8
LayerZero Proposes $110M Acquisition of Stargate Bridge, Plans Token Swap to ZROThe LayerZero Foundation has announced a $110 million proposal to acquire the Stargate cross-chain bridge and its native STG tokens, marking one of the largest DeFi acquisitions of the year. The plan would integrate Stargate into LayerZero’s ecosystem, dissolve Stargate’s DAO and transition governance to LayerZero’s ZRO token. What the proposal says Under the terms, STG tokens would be decommissioned and exchanged at a swap rate of 1 STG = 0.08634 ZRO (about $0.1675 per STG). STG holders would be given the option to swap their balances for LayerZero’s native ZRO token. If the acquisition is approved and executed, Stargate would cease to operate as an independent protocol and instead function under LayerZero’s unified governance and development structure. “We want to move faster. We aim to create a single structure that can integrate with the LayerZero ecosystem while helping Stargate implement its ambitious roadmap,” the LayerZero Foundation said in its proposal announcement. Market response and community reactions The announcement triggered a swift market reaction. STG rallied roughly 12% to $0.188, while 24-hour trading volume spiked to about $45.67 million — a jump of approximately 708.92%, per CoinMarketCap. Over the prior seven days STG recorded a gain of 16.06%, though it remains down around 20.32% over the last 90 days. The proposal is currently under a 7-day review on the Stargate DAO forum. Some DAO members welcomed the chance to accelerate development and broaden Stargate’s reach, while others raised questions over the fairness of the swap ratio and the implications of dissolving Stargate’s governance structure. Impact on cross-chain DeFi Stargate has been a core bridge used to move assets across multiple blockchains. LayerZero’s proposed acquisition could reshape cross-chain interoperability by consolidating a major bridging protocol under LayerZero’s umbrella, boosting ZRO’s utility and broadening its holder base. Analysts say the deal could set a precedent for further consolidation in DeFi: projects may pursue mergers or integrations to achieve faster roadmaps, stronger security postures and unified governance that can more quickly respond to market and technical needs. Where things stand Proposal value: $110 millionProposed swap: 1 STG → 0.08634 ZRO (~$0.1675 per STG)Review status: 7-day Stargate DAO reviewMarket reaction: STG +12% to $0.188; $45.67M 24h volume At the time of publication, STG was trading around $0.18. Market participants are watching closely for the DAO vote outcome and any follow-up governance updates from LayerZero. The result will likely influence liquidity, tokenomics and the strategic direction of cross-chain tooling across the DeFi ecosystem. #BinanceTurns8

LayerZero Proposes $110M Acquisition of Stargate Bridge, Plans Token Swap to ZRO

The LayerZero Foundation has announced a $110 million proposal to acquire the Stargate cross-chain bridge and its native STG tokens, marking one of the largest DeFi acquisitions of the year. The plan would integrate Stargate into LayerZero’s ecosystem, dissolve Stargate’s DAO and transition governance to LayerZero’s ZRO token.
What the proposal says
Under the terms, STG tokens would be decommissioned and exchanged at a swap rate of 1 STG = 0.08634 ZRO (about $0.1675 per STG). STG holders would be given the option to swap their balances for LayerZero’s native ZRO token. If the acquisition is approved and executed, Stargate would cease to operate as an independent protocol and instead function under LayerZero’s unified governance and development structure.
“We want to move faster. We aim to create a single structure that can integrate with the LayerZero ecosystem while helping Stargate implement its ambitious roadmap,” the LayerZero Foundation said in its proposal announcement.
Market response and community reactions
The announcement triggered a swift market reaction. STG rallied roughly 12% to $0.188, while 24-hour trading volume spiked to about $45.67 million — a jump of approximately 708.92%, per CoinMarketCap. Over the prior seven days STG recorded a gain of 16.06%, though it remains down around 20.32% over the last 90 days.
The proposal is currently under a 7-day review on the Stargate DAO forum. Some DAO members welcomed the chance to accelerate development and broaden Stargate’s reach, while others raised questions over the fairness of the swap ratio and the implications of dissolving Stargate’s governance structure.
Impact on cross-chain DeFi
Stargate has been a core bridge used to move assets across multiple blockchains. LayerZero’s proposed acquisition could reshape cross-chain interoperability by consolidating a major bridging protocol under LayerZero’s umbrella, boosting ZRO’s utility and broadening its holder base.
Analysts say the deal could set a precedent for further consolidation in DeFi: projects may pursue mergers or integrations to achieve faster roadmaps, stronger security postures and unified governance that can more quickly respond to market and technical needs.
Where things stand
Proposal value: $110 millionProposed swap: 1 STG → 0.08634 ZRO (~$0.1675 per STG)Review status: 7-day Stargate DAO reviewMarket reaction: STG +12% to $0.188; $45.67M 24h volume
At the time of publication, STG was trading around $0.18. Market participants are watching closely for the DAO vote outcome and any follow-up governance updates from LayerZero. The result will likely influence liquidity, tokenomics and the strategic direction of cross-chain tooling across the DeFi ecosystem.

#BinanceTurns8
Arthur Hayes Adds $8M in ETH and AltcoinsThese acquisitions indicate strong confidence in Ethereum and related ecosystem tokens, as well as strategic bets on DeFi and staking-focused projects. A Bullish Bet on Ethereum Ecosystem Ethereum remains the core of Hayes’ recent purchases, with the majority of funds going into ETH itself. ETHFI is closely tied to Ethereum-based finance, PENDLE focuses on tokenized yield markets, and LDO powers the governance of Lido, the largest liquid staking platform on Ethereum. By diversifying into these projects, Hayes appears to be positioning himself for gains from both Ethereum’s price appreciation and the growth of its DeFi infrastructure. Market Signals from a Crypto Veteran Arthur Hayes has a track record of making bold, market-timed investments. His latest moves may be seen by traders as a bullish signal for ETH and its surrounding ecosystem. Large purchases from influential figures can influence sentiment, especially in a market driven by momentum and speculation. With Ethereum upgrades, DeFi expansion, and staking adoption on the rise, Hayes’ portfolio changes suggest he’s betting on a strong performance in the months ahead. #BinanceTurns8

Arthur Hayes Adds $8M in ETH and Altcoins

These acquisitions indicate strong confidence in Ethereum and related ecosystem tokens, as well as strategic bets on DeFi and staking-focused projects.
A Bullish Bet on Ethereum Ecosystem
Ethereum remains the core of Hayes’ recent purchases, with the majority of funds going into ETH itself. ETHFI is closely tied to Ethereum-based finance, PENDLE focuses on tokenized yield markets, and LDO powers the governance of Lido, the largest liquid staking platform on Ethereum.
By diversifying into these projects, Hayes appears to be positioning himself for gains from both Ethereum’s price appreciation and the growth of its DeFi infrastructure.
Market Signals from a Crypto Veteran
Arthur Hayes has a track record of making bold, market-timed investments. His latest moves may be seen by traders as a bullish signal for ETH and its surrounding ecosystem. Large purchases from influential figures can influence sentiment, especially in a market driven by momentum and speculation.
With Ethereum upgrades, DeFi expansion, and staking adoption on the rise, Hayes’ portfolio changes suggest he’s betting on a strong performance in the months ahead.

#BinanceTurns8
Bitcoin Price Prediction: Could $133,000 Be Next if BTC Holds $112,000?The post, shared on August 10, leverages Glassnode’s MVRV Extreme Deviation Pricing Bands to suggest that Bitcoin (BTC) could surge to $133,000 if it maintains its current support level above $112,000. This prediction is grounded in on-chain data, a metric increasingly trusted by analysts to gauge market trends. The MVRV (Market Value to Realized Value) Z-score, a refined version of this metric, compares Bitcoin’s market cap to its realized cap, adjusted for standard deviation. Historical data, as noted in a 2023 study from the Journal of Risk and Financial Management, indicates that Z-scores above 7 signal overvaluation, while scores below -2 suggest undervaluation. Currently, Bitcoin’s position near $120,000 aligns with a potential bullish pivot, supported by past instances where these bands accurately predicted market tops and bottoms. This technical analysis suggests a strong upward trajectory if the support holds. Adding fuel to the speculation, Elon Musk’s influence looms large in crypto circles. Known for his 2021 disclosure of owning BTC, ETH, and DOGE, Musk’s occasional crypto endorsements have historically swayed prices. While no direct link ties his recent statements to this prediction, his vocal support for Bitcoin—highlighted during the 2021 B Word conference—could amplify market sentiment. However, experts caution against attributing price movements solely to influencers, emphasizing the importance of on-chain metrics and broader market trends. As Bitcoin navigates this critical juncture, traders are watching closely. Breaking $123,000, as suggested by some X users, could pave the way for the $133,000 target. Yet, macroeconomic factors and market sentiment remain wild cards. For now, the MVRV bands offer a data-driven glimpse into a potential future, blending technical precision with the unpredictable nature of crypto markets. Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions. #BinanceTurns8

Bitcoin Price Prediction: Could $133,000 Be Next if BTC Holds $112,000?

The post, shared on August 10, leverages Glassnode’s MVRV Extreme Deviation Pricing Bands to suggest that Bitcoin (BTC) could surge to $133,000 if it maintains its current support level above $112,000. This prediction is grounded in on-chain data, a metric increasingly trusted by analysts to gauge market trends.
The MVRV (Market Value to Realized Value) Z-score, a refined version of this metric, compares Bitcoin’s market cap to its realized cap, adjusted for standard deviation. Historical data, as noted in a 2023 study from the Journal of Risk and Financial Management, indicates that Z-scores above 7 signal overvaluation, while scores below -2 suggest undervaluation. Currently, Bitcoin’s position near $120,000 aligns with a potential bullish pivot, supported by past instances where these bands accurately predicted market tops and bottoms. This technical analysis suggests a strong upward trajectory if the support holds.
Adding fuel to the speculation, Elon Musk’s influence looms large in crypto circles. Known for his 2021 disclosure of owning BTC, ETH, and DOGE, Musk’s occasional crypto endorsements have historically swayed prices. While no direct link ties his recent statements to this prediction, his vocal support for Bitcoin—highlighted during the 2021 B Word conference—could amplify market sentiment. However, experts caution against attributing price movements solely to influencers, emphasizing the importance of on-chain metrics and broader market trends.
As Bitcoin navigates this critical juncture, traders are watching closely. Breaking $123,000, as suggested by some X users, could pave the way for the $133,000 target. Yet, macroeconomic factors and market sentiment remain wild cards. For now, the MVRV bands offer a data-driven glimpse into a potential future, blending technical precision with the unpredictable nature of crypto markets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
#BinanceTurns8
Ethereum Holdings May Shift Back to Bitcoin: Samson MowSamson Mow Predicts Ethereum to Bitcoin Shift Samson Mow, CEO of JAN3 and a noted Bitcoin advocate, has recently presented an argument on X (formerly Twitter). Mow suggests that Ethereum holders might increasingly convert back to Bitcoin. This reflects the shifting sentiment among cryptocurrency investors. Mow claims ETH insiders have moved BTC into ETH to foster certain narratives like "Ethereum treasuries." He believes these holders will eventually convert their assets back into BTC for perceived long-term gains. This aligns with his perspective on Ethereum as a means to accumulate Bitcoin. Potential Shift: ETH to BTC Market Impact Market players are closely monitoring any noticeable shift from ETH to BTC. Vitalik Buterin, Ethereum's co-founder, has urged caution on overleveraging. The potential volume shift could impact Ethereum's market structure and liquidity. Financial implications include potential volatility in ETH/BTC ratios, with historical data serving as a reference. Analysts suggest closely tracking ETH staking dynamics and exchange activities to assess these shifts. This includes observing ETH-BTC trade volumes across major platforms. Crypto Rotation Patterns Echo Past Cycles Previous crypto cycles have witnessed similar phase rotations, including transitions from altcoins back to Bitcoin. During periods such as 2017 and 2021, Bitcoin dominance resurged following higher altseason peaks, echoing present expectations. Experts like Arthur Hayes have indicated that such rotations are cyclic in nature, reflecting broader market psychology. For profound insights, closely monitoring market dashboards and on-chain metrics remains crucial for understanding these trends. #BinanceTurns8

Ethereum Holdings May Shift Back to Bitcoin: Samson Mow

Samson Mow Predicts Ethereum to Bitcoin Shift
Samson Mow, CEO of JAN3 and a noted Bitcoin advocate, has recently presented an argument on X (formerly Twitter). Mow suggests that Ethereum holders might increasingly convert back to Bitcoin. This reflects the shifting sentiment among cryptocurrency investors.
Mow claims ETH insiders have moved BTC into ETH to foster certain narratives like "Ethereum treasuries." He believes these holders will eventually convert their assets back into BTC for perceived long-term gains. This aligns with his perspective on Ethereum as a means to accumulate Bitcoin.

Potential Shift: ETH to BTC Market Impact
Market players are closely monitoring any noticeable shift from ETH to BTC. Vitalik Buterin, Ethereum's co-founder, has urged caution on overleveraging. The potential volume shift could impact Ethereum's market structure and liquidity.
Financial implications include potential volatility in ETH/BTC ratios, with historical data serving as a reference. Analysts suggest closely tracking ETH staking dynamics and exchange activities to assess these shifts. This includes observing ETH-BTC trade volumes across major platforms.

Crypto Rotation Patterns Echo Past Cycles
Previous crypto cycles have witnessed similar phase rotations, including transitions from altcoins back to Bitcoin. During periods such as 2017 and 2021, Bitcoin dominance resurged following higher altseason peaks, echoing present expectations.
Experts like Arthur Hayes have indicated that such rotations are cyclic in nature, reflecting broader market psychology. For profound insights, closely monitoring market dashboards and on-chain metrics remains crucial for understanding these trends.
#BinanceTurns8
cheap hotel roomThis guy couldn't find a cheap hotel room. So he bought the hotel. Now it makes $260M a year. His name is Harris. And here's how he did it. 1/ Early days Rewind to 1974. Harris wants to take his kids to Disney World. But it's super expensive. And the hotels are a fortune. He tries to find a cheaper place to stay nearby. No luck. This is crazy. Disney World is a hot new theme park. Lots of families are starting to go every year. Why aren't there any affordable places to stay? That's when Harris gets a big idea. 2/ Motel man Harris cashes in his life savings and buys a crummy motel. It’s 8 miles out from Disney World. Then he moves in and rolls up his sleeves. He's running the place himself. Working the front desk, cleaning the pool, changing the lightbulbs. Everything. Getting this spot into top shape. And the rooms are starting to fill up. Word spreads that Harris runs a clean, budget friendly motel. And it's just a short drive from Disney World. Soon the rooms are packed and the cash is flowing. Harris is saving up all his profits. And he's about to spend it. 3/ Rinse and repeat One year later, Harris picks up another motel down the street. Then he runs the same playbook. Keeping the rooms tidy and bright. With friendly service and low prices. Again, the rooms fill up. So he does it again. And again. And again. Plowing all the cash back into his company and buying more hotels. Fast forward to 2025. The company's got 6,200 rooms across 7 properties. With plenty of room to grow. 4/ Why it works Harris ran a simple playbook with great execution. + Harris focused on lean operations. From day one, he ran a tight ship. Keeping costs super low while providing clean rooms and friendly service. + Harris grew on cash flow There's no debt. Zero. Harris bought hotels with his own money and ran them profitably. This means slower growth but total control. + Harris built in a growing market This part is critical. Orlando had 4M visitors a year when he started. Today it's 74M a year. When the market grows 20X, it's hard not to win. And that's how you make $260M a year with a hotel.

cheap hotel room

This guy couldn't find a cheap hotel room. So he bought the hotel. Now it makes $260M a year.

His name is Harris. And here's how he did it.

1/ Early days

Rewind to 1974. Harris wants to take his kids to Disney World. But it's super expensive. And the hotels are a fortune.

He tries to find a cheaper place to stay nearby. No luck.

This is crazy. Disney World is a hot new theme park. Lots of families are starting to go every year. Why aren't there any affordable places to stay?

That's when Harris gets a big idea.

2/ Motel man

Harris cashes in his life savings and buys a crummy motel. It’s 8 miles out from Disney World. Then he moves in and rolls up his sleeves.

He's running the place himself. Working the front desk, cleaning the pool, changing the lightbulbs. Everything.

Getting this spot into top shape. And the rooms are starting to fill up.

Word spreads that Harris runs a clean, budget friendly motel. And it's just a short drive from Disney World.

Soon the rooms are packed and the cash is flowing.

Harris is saving up all his profits. And he's about to spend it.

3/ Rinse and repeat

One year later, Harris picks up another motel down the street. Then he runs the same playbook.

Keeping the rooms tidy and bright. With friendly service and low prices. Again, the rooms fill up.

So he does it again. And again. And again.

Plowing all the cash back into his company and buying more hotels.

Fast forward to 2025. The company's got 6,200 rooms across 7 properties. With plenty of room to grow.

4/ Why it works

Harris ran a simple playbook with great execution.

+ Harris focused on lean operations.

From day one, he ran a tight ship. Keeping costs super low while providing clean rooms and friendly service.

+ Harris grew on cash flow

There's no debt. Zero. Harris bought hotels with his own money and ran them profitably. This means slower growth but total control.

+ Harris built in a growing market

This part is critical. Orlando had 4M visitors a year when he started. Today it's 74M a year. When the market grows 20X, it's hard not to win.

And that's how you make $260M a year with a hotel.
ETH to $3500? Ethereum Price Indicators Turn BullishEthereum (ETH) may be eyeing a breakout to $3,500, as recent crypto charts and market sentiment hint at renewed bullish momentum. While ETH remains a staple, Mutuum Finance (MUTM), a rising performer in the DeFi market is generating buzz as the next big cryptocurrency to watch. Phase 5 Presale of Mutuum Finance (MUTM) is now over 50% sold out and MUTM is priced at $0.03. More than 12,700 investors have joined the Mutuum Finance presale. The sum of more than $11.5 million has been raised so far.  While Ethereum’s fundamentals remain strong, it’s Mutuum’s ongoing presale and growing traction that’s fueling whispers of a much bigger rally ahead, one that could outpace even top cryptocurrencies like ETH and SOL in the short term. Ethereum Builds Momentum With Eyes on $3,500 Breakout Ethereum (ETH) is trading at $2470, and it is not losing grounds alongside the slowly emerging bullish momentum on the market. Having support at around $2,400, the ETH is currently traversing toward some important resistance levels and analysts are of the view that a clear break above the level of $3,000 may unlock the next leg in the ETH upward where the next stop by the end of the week may be the level of $3,500.  On-chain indicators are getting stronger, and accumulation is being boosted, as investor sentiment is better than before after recent network improvements and consistent inflows of ETFs. Though, in the short-term, volatility cannot be excluded, particularly in case ETH managed to fall below the price of $2,370, the bias is shifting towards the upside. However, just as Ethereum prepares to break out, traders are casting their eyes elsewhere, with quicker-moving presale token Mutuum Finance catching the eye of many because of its short-term potential gains.

ETH to $3500? Ethereum Price Indicators Turn Bullish

Ethereum (ETH) may be eyeing a breakout to $3,500, as recent crypto charts and market sentiment hint at renewed bullish momentum. While ETH remains a staple, Mutuum Finance (MUTM), a rising performer in the DeFi market is generating buzz as the next big cryptocurrency to watch. Phase 5 Presale of Mutuum Finance (MUTM) is now over 50% sold out and MUTM is priced at $0.03. More than 12,700 investors have joined the Mutuum Finance presale. The sum of more than $11.5 million has been raised so far. 
While Ethereum’s fundamentals remain strong, it’s Mutuum’s ongoing presale and growing traction that’s fueling whispers of a much bigger rally ahead, one that could outpace even top cryptocurrencies like ETH and SOL in the short term.
Ethereum Builds Momentum With Eyes on $3,500 Breakout
Ethereum (ETH) is trading at $2470, and it is not losing grounds alongside the slowly emerging bullish momentum on the market. Having support at around $2,400, the ETH is currently traversing toward some important resistance levels and analysts are of the view that a clear break above the level of $3,000 may unlock the next leg in the ETH upward where the next stop by the end of the week may be the level of $3,500. 
On-chain indicators are getting stronger, and accumulation is being boosted, as investor sentiment is better than before after recent network improvements and consistent inflows of ETFs. Though, in the short-term, volatility cannot be excluded, particularly in case ETH managed to fall below the price of $2,370, the bias is shifting towards the upside. However, just as Ethereum prepares to break out, traders are casting their eyes elsewhere, with quicker-moving presale token Mutuum Finance catching the eye of many because of its short-term potential gains.
Crypto Highlights: Top Gainers and Losers on CoinMarketCap TodayThe global crypto market is heating up again. Today’s market cap surged to $3.39 trillion, rising 2.64% in the last 24 hours. Bitcoin hit $109,631 with a 2.14% gain and a market cap of $2.18 trillion. Meanwhile, several altcoins have shown volatility, with sharp gains and losses. Bonk, WIF, and Fartcoin Lead the Gains Among all, BONK meme coin topped the gainers’ list with a 16.97% rise, trading at $0.000017. Its daily trading volume surpassed $586 million. The meme coin’s market cap now stands at over $1.33 billion. Dogwifhat (WIF) closely followed, rising 15.20% to $0.928, pushing its market value near $927 million. Fartcoin gained nearly 15%, trading at $1.23 with $301 million in trading volume. These gains show a meme coin resurgence, possibly boosted by increased retail sentiment and favorable technical setups. FORM, Maple Finance (SYRUP) See Sharp Declines On the losing side, Four (FORM) dropped 3.47%, trading at $2.82. Its daily volume hit $13.7 million with a $1.07 billion market cap. Maple Finance (SYRUP) also dipped 1.86%, now at $0.536. It registered a $117.8 million daily volume.

Crypto Highlights: Top Gainers and Losers on CoinMarketCap Today

The global crypto market is heating up again. Today’s market cap surged to $3.39 trillion, rising 2.64% in the last 24 hours. Bitcoin hit $109,631 with a 2.14% gain and a market cap of $2.18 trillion. Meanwhile, several altcoins have shown volatility, with sharp gains and losses.
Bonk, WIF, and Fartcoin Lead the Gains
Among all, BONK meme coin topped the gainers’ list with a 16.97% rise, trading at $0.000017. Its daily trading volume surpassed $586 million. The meme coin’s market cap now stands at over $1.33 billion. Dogwifhat (WIF) closely followed, rising 15.20% to $0.928, pushing its market value near $927 million.
Fartcoin gained nearly 15%, trading at $1.23 with $301 million in trading volume. These gains show a meme coin resurgence, possibly boosted by increased retail sentiment and favorable technical setups.
FORM, Maple Finance (SYRUP) See Sharp Declines
On the losing side, Four (FORM) dropped 3.47%, trading at $2.82. Its daily volume hit $13.7 million with a $1.07 billion market cap. Maple Finance (SYRUP) also dipped 1.86%, now at $0.536. It registered a $117.8 million daily volume.
Bitcoin Treasury Companies are Financial Hype of 2025: CryptoQuantMore and more companies have started to jump on the Bitcoin Treasury bandwagon in the year 2025 as part of their financial-saving plans. This trend is increasing among the tech giants. The recent reports provide a clear picture of this change. It shows when each company started holding Bitcoin, how much they have now, and what it means for the market. According to the CryptoQuant reports, the graph data displays an upward direction in adoption, with 51 companies adding Bitcoin to their treasuries by July 1, 2025, collectively owning 848,902.2 BTC.  The adoption trend shows steady growth. A total of only 6 companies had started to use Bitcoin in 2020, but it increased by 7 in 2021, 21 in 2022, 15 in 2023, 37 in 2024, and 51 already in 2025, despite being only halfway through the year. Most companies have only a little Bitcoin, with just 9 holding more than 10,000 BTC. Saylor’s firm, Strategy (MSTR), is at the top and one of the biggest companies, holding 597,325 BTC, way ahead of everyone else. Among companies that started since 2023, only 2 have more than 5,000 BTC, while 86 others average about 500 BTC each. Other tech giants include Twenty One (XXI) with 37,230 BTC and Metaplanet Japan with 12,897 BTC. Metaplanet Japan has been buying bitcoins by making 21 purchases since the start of the year 2025. The data also displays that the stock prices of some companies, like Strategy, have gone up and down with their Bitcoin holdings. Metaplanet and others have started to follow a similar pattern, which is being followed by Saylor’s firm, Strategy. The trend to buy Bitcoin is becoming stronger as more new companies are joining in buying BTC. This growing use of Bitcoin by companies shows that companies are changing how they handle money, using BTC as a smart investment.

Bitcoin Treasury Companies are Financial Hype of 2025: CryptoQuant

More and more companies have started to jump on the Bitcoin Treasury bandwagon in the year 2025 as part of their financial-saving plans. This trend is increasing among the tech giants. The recent reports provide a clear picture of this change. It shows when each company started holding Bitcoin, how much they have now, and what it means for the market.
According to the CryptoQuant reports, the graph data displays an upward direction in adoption, with 51 companies adding Bitcoin to their treasuries by July 1, 2025, collectively owning 848,902.2 BTC. 
The adoption trend shows steady growth. A total of only 6 companies had started to use Bitcoin in 2020, but it increased by 7 in 2021, 21 in 2022, 15 in 2023, 37 in 2024, and 51 already in 2025, despite being only halfway through the year.
Most companies have only a little Bitcoin, with just 9 holding more than 10,000 BTC. Saylor’s firm, Strategy (MSTR), is at the top and one of the biggest companies, holding 597,325 BTC, way ahead of everyone else. Among companies that started since 2023, only 2 have more than 5,000 BTC, while 86 others average about 500 BTC each.
Other tech giants include Twenty One (XXI) with 37,230 BTC and Metaplanet Japan with 12,897 BTC. Metaplanet Japan has been buying bitcoins by making 21 purchases since the start of the year 2025. The data also displays that the stock prices of some companies, like Strategy, have gone up and down with their Bitcoin holdings.
Metaplanet and others have started to follow a similar pattern, which is being followed by Saylor’s firm, Strategy. The trend to buy Bitcoin is becoming stronger as more new companies are joining in buying BTC. This growing use of Bitcoin by companies shows that companies are changing how they handle money, using BTC as a smart investment.
Cardano Price Flashes Massive Weekly Indicator: What’s Next for ADA?Cryptocurrency analyst Dan Gambardello identifies a major weekly technical indicator for Cardano price as the 50-week moving average crosses above the 200-week. The development coincides with ETF approvals and institutional positioning ahead of potential Federal Reserve policy changes. Cardano Price Achieves Critical Moving Average Crossover Signal Cardano’s 50-week moving average has crossed above the 200-week moving average for the first time in an extended period. This has created a technical milestone that Gambardello identifies as a major bullish indicator. As per his analysis, this crossover took considerable time to develop given how overextended Cardano’s moving averages had become during the bear market phase. The analyst notes how far the 20-week and 50-week moving averages had fallen below the 200-week moving average, requiring an entire pivot out of bear market conditions before the 50-week could reach the 200-week level again. Downside volatility helped bring the 200-week moving average lower while upward price action pushed the 50-week higher. This weekly chart compression of such a moving average sets up bullish conditions and technical setup similar to Bitcoin’s setup when its January ETF approval occurred. Recent ADA price weekly chart analysis exhibits positive compression patterns with the 50-week crossing the 200-week signal. ADA has yet to receive standalone ETF approval but, via listing in the Grayscale basket, effectively receives its first ETF exposure through institutional channels. The technical configuration is a precise mirror of Bitcoin’s action when its 50-week crossed the 200-week during ETF approval periods. Grayscale Basket ETF Approval Provides Institutional ADA Exposure The SEC has cleared the conversion of Grayscale’s Digital Large Cap Fund into an ETF. This provides institutional access to Bitcoin, Ethereum, Solana, XRP, and Cardano in a single investment vehicle. This was done under a looming final deadline and allows instant access to diversified cryptocurrency holdings like ADA to traditional investors. In spite of the ETF approval, cryptocurrency markets remain under sell pressure with Cardano price recording red weekly candles alongside Ethereum and the remainder of the major cryptocurrencies. This ADA price action mirrors the trend of Bitcoin after its ETF approval in January, when the cryptocurrency dropped by 20% in the following days despite the favorable regulatory news. Bloomberg’s ETF approval odds indicate 95% for XRP, Solana, and Litecoin individual ETFs, and Dogecoin, ADA, and Polkadot have 90%. These favorable probability ratings indicate the following altcoin ETFs will be approved in this cycle, providing institutional access to the initial basket method. Gambardello likens today’s altcoin setup to Bitcoin’s technical setup at the moment of its ETF approval. Bitcoin had already moved past bear market levels and advanced by nearly 200% before extending towards all-time highs, whereas altcoins are still around 50% short of previous highs. Cardano Price Analysis Shows Extended Consolidation Patterns Gambardello references previous analysis from April 10th when ADA price traded around 60-61 cents, noting the months of choppy sideways movement that followed. The analyst applies fractal analysis comparing the August 2024 capitulation to the April consolidation period. The fractal overlay suggests ADA’s behavior remains consistent with historical patterns involving capitulation, escape attempts, and subsequent choppy consolidation phases. Current Cardano price action continues this established pattern and needs patience as the cryptocurrency works through technical resistance levels. Weekly chart resistance centers around the confluent moving average area at 65 cents, where the 200-week and 50-week moving averages converge, with the 20-week moving average positioned at 69 cents. The 200-week moving average continues serving as the primary bull market resistance level requiring breakthrough for macro bullish confirmation. ADA’s previous swing low sits around 51 cents, just a few cents below current levels, suggesting potential retesting scenarios remain possible. The analyst monitors momentum oscillators including daily RSI for signs of trend changes while maintaining focus on the critical 65-cent resistance zone.

Cardano Price Flashes Massive Weekly Indicator: What’s Next for ADA?

Cryptocurrency analyst Dan Gambardello identifies a major weekly technical indicator for Cardano price as the 50-week moving average crosses above the 200-week.
The development coincides with ETF approvals and institutional positioning ahead of potential Federal Reserve policy changes.
Cardano Price Achieves Critical Moving Average Crossover Signal
Cardano’s 50-week moving average has crossed above the 200-week moving average for the first time in an extended period. This has created a technical milestone that Gambardello identifies as a major bullish indicator. As per his analysis, this crossover took considerable time to develop given how overextended Cardano’s moving averages had become during the bear market phase.
The analyst notes how far the 20-week and 50-week moving averages had fallen below the 200-week moving average, requiring an entire pivot out of bear market conditions before the 50-week could reach the 200-week level again. Downside volatility helped bring the 200-week moving average lower while upward price action pushed the 50-week higher.
This weekly chart compression of such a moving average sets up bullish conditions and technical setup similar to Bitcoin’s setup when its January ETF approval occurred. Recent ADA price weekly chart analysis exhibits positive compression patterns with the 50-week crossing the 200-week signal.
ADA has yet to receive standalone ETF approval but, via listing in the Grayscale basket, effectively receives its first ETF exposure through institutional channels. The technical configuration is a precise mirror of Bitcoin’s action when its 50-week crossed the 200-week during ETF approval periods.
Grayscale Basket ETF Approval Provides Institutional ADA Exposure
The SEC has cleared the conversion of Grayscale’s Digital Large Cap Fund into an ETF. This provides institutional access to Bitcoin, Ethereum, Solana, XRP, and Cardano in a single investment vehicle. This was done under a looming final deadline and allows instant access to diversified cryptocurrency holdings like ADA to traditional investors.

In spite of the ETF approval, cryptocurrency markets remain under sell pressure with Cardano price recording red weekly candles alongside Ethereum and the remainder of the major cryptocurrencies. This ADA price action mirrors the trend of Bitcoin after its ETF approval in January, when the cryptocurrency dropped by 20% in the following days despite the favorable regulatory news.
Bloomberg’s ETF approval odds indicate 95% for XRP, Solana, and Litecoin individual ETFs, and Dogecoin, ADA, and Polkadot have 90%. These favorable probability ratings indicate the following altcoin ETFs will be approved in this cycle, providing institutional access to the initial basket method.
Gambardello likens today’s altcoin setup to Bitcoin’s technical setup at the moment of its ETF approval. Bitcoin had already moved past bear market levels and advanced by nearly 200% before extending towards all-time highs, whereas altcoins are still around 50% short of previous highs.
Cardano Price Analysis Shows Extended Consolidation Patterns
Gambardello references previous analysis from April 10th when ADA price traded around 60-61 cents, noting the months of choppy sideways movement that followed. The analyst applies fractal analysis comparing the August 2024 capitulation to the April consolidation period.
The fractal overlay suggests ADA’s behavior remains consistent with historical patterns involving capitulation, escape attempts, and subsequent choppy consolidation phases. Current Cardano price action continues this established pattern and needs patience as the cryptocurrency works through technical resistance levels.

Weekly chart resistance centers around the confluent moving average area at 65 cents, where the 200-week and 50-week moving averages converge, with the 20-week moving average positioned at 69 cents. The 200-week moving average continues serving as the primary bull market resistance level requiring breakthrough for macro bullish confirmation.
ADA’s previous swing low sits around 51 cents, just a few cents below current levels, suggesting potential retesting scenarios remain possible. The analyst monitors momentum oscillators including daily RSI for signs of trend changes while maintaining focus on the critical 65-cent resistance zone.
Arthur Hayes: JP Morgan’s Stablecoin Boom Could Boost BitcoinThe co-founder and former CEO of BitMEX, Arthur Hayes, recently wrote on his blog that a wave of stablecoin adoption by big U.S. banks will drive a sharp increase in the value of both Bitcoin and JPMorgan shares. According to Hayes, the driving force behind this shift is U.S. Treasury Secretary Scott Bessent’s alleged plan to inject liquidity into the economy. Not through traditional Federal Reserve mechanisms, but via financial innovation and regulatory reform. Hayes characterized the move as a “stealth liquidity injection” that mirrors past quantitative easing programs, but without overt money printing. Bessent is done getting fluffed. It’s time for him to soak the world with his liquidity juices, Hayes wrote in his characteristically provocative style. JPMorgan’s Stablecoin Strategy Hayes identified JPMorgan’s stablecoin, JPMD, as a central player in this new liquidity model. The coin enables the bank to tokenize client deposits, reduce compliance costs, and earn a risk-free spread by investing in U.S. Treasury bills. By issuing stablecoins, Hayes said, JPMorgan could unlock up to $6.8 trillion in Treasury bill purchasing power. He argued that even a partial conversion of JPMorgan’s deposits into JPMD could yield hundreds of billions in low-risk, high-margin earnings, potentially doubling or tripling the bank’s market capitalization. The adoption of stablecoins by TBTF [Too Big to Fail] banks creates up to $6.8 trillion of T-bill buying power, he added.  Regulatory Tailwinds Hayes also pointed to the proposed GENIUS Act, which he claims could hand large banks a near-monopoly over stablecoin issuance. Such regulation would marginalize fintech firms like Circle, which currently operates the USDC stablecoin. “The real stablecoin play isn’t betting on crusty FinTechs like Circle—it’s understanding that the US government just handed TBTF banks the launch keys to a multi-trillion-dollar liquidity bazooka disguised as ‘innovation’,” Hayes wrote. According to Hayes, include increased demand for U.S. Treasuries without the need for new rounds of quantitative easing. This could suppress yields and reflate risk assets—conditions historically favorable for Bitcoin. Hayes emphasized that Bitcoin thrives during periods of expanding liquidity and falling interest rates. He argued that this new stablecoin-fueled financial architecture would be highly bullish for the leading cryptocurrency. Meanwhile, Ethereum may also benefit. JPMD is expected to operate on Base, a layer-2 blockchain developed by Coinbase and built atop Ethereum. As a result, Ethereum would serve as the underlying settlement layer for a potentially massive flow of stablecoin transactions.This is debt monetization dressed in Ethereum drag, Hayes quipped Analysts further noted that Ethereum’s staking yield could make it attractive for corporate treasuries—potentially sparking a new wave of institutional demand. Hayes’ prediction indicates a fundamental shift in how liquidity is managed in the U.S. financial system.

Arthur Hayes: JP Morgan’s Stablecoin Boom Could Boost Bitcoin

The co-founder and former CEO of BitMEX, Arthur Hayes, recently wrote on his blog that a wave of stablecoin adoption by big U.S. banks will drive a sharp increase in the value of both Bitcoin and JPMorgan shares.
According to Hayes, the driving force behind this shift is U.S. Treasury Secretary Scott Bessent’s alleged plan to inject liquidity into the economy. Not through traditional Federal Reserve mechanisms, but via financial innovation and regulatory reform.
Hayes characterized the move as a “stealth liquidity injection” that mirrors past quantitative easing programs, but without overt money printing.
Bessent is done getting fluffed. It’s time for him to soak the world with his liquidity juices, Hayes wrote in his characteristically provocative style.
JPMorgan’s Stablecoin Strategy
Hayes identified JPMorgan’s stablecoin, JPMD, as a central player in this new liquidity model. The coin enables the bank to tokenize client deposits, reduce compliance costs, and earn a risk-free spread by investing in U.S. Treasury bills.
By issuing stablecoins, Hayes said, JPMorgan could unlock up to $6.8 trillion in Treasury bill purchasing power. He argued that even a partial conversion of JPMorgan’s deposits into JPMD could yield hundreds of billions in low-risk, high-margin earnings, potentially doubling or tripling the bank’s market capitalization.
The adoption of stablecoins by TBTF [Too Big to Fail] banks creates up to $6.8 trillion of T-bill buying power, he added. 
Regulatory Tailwinds
Hayes also pointed to the proposed GENIUS Act, which he claims could hand large banks a near-monopoly over stablecoin issuance. Such regulation would marginalize fintech firms like Circle, which currently operates the USDC stablecoin.
“The real stablecoin play isn’t betting on crusty FinTechs like Circle—it’s understanding that the US government just handed TBTF banks the launch keys to a multi-trillion-dollar liquidity bazooka disguised as ‘innovation’,” Hayes wrote.
According to Hayes, include increased demand for U.S. Treasuries without the need for new rounds of quantitative easing. This could suppress yields and reflate risk assets—conditions historically favorable for Bitcoin.
Hayes emphasized that Bitcoin thrives during periods of expanding liquidity and falling interest rates. He argued that this new stablecoin-fueled financial architecture would be highly bullish for the leading cryptocurrency.
Meanwhile, Ethereum may also benefit. JPMD is expected to operate on Base, a layer-2 blockchain developed by Coinbase and built atop Ethereum. As a result, Ethereum would serve as the underlying settlement layer for a potentially massive flow of stablecoin transactions.This is debt monetization dressed in Ethereum drag, Hayes quipped
Analysts further noted that Ethereum’s staking yield could make it attractive for corporate treasuries—potentially sparking a new wave of institutional demand.
Hayes’ prediction indicates a fundamental shift in how liquidity is managed in the U.S. financial system.
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