Trump has finally decided to pump the market. He posted some interesting information on his Truth Social account.
President Trump announces strategic reserve of cryptocurrencies including XRP, SOL and ADA.
“ The U.S. Cryptocurrency Reserve will take this critical industry to the next level after years of corruption under the Biden administration. That’s why my Executive Order on Digital Assets tasked the Presidential Task Force to create a Strategic Cryptocurrency Reserve that will include XRP, SOL, and ADA. I will ensure that the U.S. becomes the crypto capital of the world. We will Make America Great Again! ”
🔵 Cardano founder Charles Hoskinson said he didn't know President Trump would include $ADA in his proposed crypto reserve until the day it was announced.
🔸 If the ADA price exceeds $0.98, the amount of liquidations on Cardano short positions could exceed $50 million.
Friends, if you're feeling down because of a dip in your portfolio, keep in mind — Trump is also sitting in the red.
Trump’s portfolio is currently down by $124 million!
He’s riding out this drawdown right alongside us. This man clearly didn’t pick his coins randomly — I believe he knows very well that there’s light at the end of the tunnel and the long-awaited altcoin rally is coming.
📊 Top Three Reasons Why Cardano ( $ADA ) Is Ready To Breakout
Cardano’s native token ADA has been making headlines recently. From development updates to big announcements, the token seems to be gearing up for a big move. According to AltcoinBuzz, ADA could be eyeing a price rally, and here are three key reasons why.
🔸 Cardano Connects with Bitcoin
Cardano recently made a big move by connecting its blockchain with the Bitcoin network. This was done using something called Bitcoin OS, which lets Bitcoin and Cardano work together. This makes it easier to move Bitcoin in and out of the Cardano network without using risky bridges.
It allows users to lend and stake Bitcoin safely on the Cardano blockchain. This could bring more users and money into the Cardano ecosystem.
🔸 Midnight Sidechain and Glacier Airdrop
Cardano is also launching a new sidechain called Midnight. This will bring privacy features and private smart contracts, something institutions really want. It will also connect with other blockchains.
The most exciting part for many is the Glacier Airdrop. Over 24 billion NIGHT tokens will be given out to 37 million wallets. If you held $100 or more in ADA, Bitcoin, Ethereum, XRP, BNB, Solana, Avalanche, or BAT by June 11, 2025, in a self-custody wallet, you may be eligible.
Cardano founder Charles Hoskinson is expected to announce the airdrop schedule soon, possibly during the Rare EVO event in Las Vegas this August.
🔸 Growing Institutional Interest
So far in 2025, Cardano has received $73 million in investment from large institutions — more than most other cryptocurrencies. Grayscale has also filed to launch the first Cardano spot ETF in the U.S., with a decision expected in October 2025.
⏺ CZ stated: "The international race for crypto is starting."
One major economy is already buying digital assets, and others, in his opinion, will soon follow. Those who don't keep up will lose. The later a country enters the market, the higher the price will be.
The first buyers will set the growth, and the latecomers will have to pay for the delay.
💧 Sui ($SUI ) Enters “Strategic Accumulation Zone” as DEX Volume Hits $14 Billion
Sui (SUI), a Layer 1 blockchain that has been gaining significant momentum, is entering what many analysts see as a strategic accumulation zone. After a powerful rally in July, the token’s price has pulled back to a key range between $2.79 and $2.63, an area that investors are watching closely as a potential demand level.
With growing trading volume, bullish technical patterns, and fresh institutional interest, SUI may be gearing up for a significant upward move. The market appears to be entering a rotation phase, and historically, strong ecosystems tend to lead the recovery.
🔸 Market Rotation Favors Strong Ecosystems
Analyst Michaël van de Poppe highlighted that during market reversals, capital tends to flow first into the most robust blockchain ecosystems. He argues that SUI fits this narrative perfectly, backed by its innovative technology and explosive ecosystem growth. That growth was on full display in July, when decentralized exchanges (DEXs) on the Sui network processed a record-breaking $14 billion in volume.
This on-chain activity is being noticed by institutional players. Mill City Ventures recently completed a $450 million private placement to launch a dedicated SUI Treasury Strategy, signaling growing institutional confidence and a new wave of capital set to be deployed into the #SUI ecosystem.
💬 Market reversals = the strongest ecosystems will go back the fastest.I think SUI is getting into an interesting spot, where it's possible to buy the asset at a discount.Strong move upwards last month, and I think that there's more to come.Key factors:– New ATH in DEX…— Michaël van de Poppe (@CryptoMichNL) August 4, 2025
🤔 Fact Check: Is Pi Network Going Fully Open Source Next Month?
The Pi Network community is filled with anticipation, many are asking: Is Pi Network going fully open source in September 2025? With talk of a mainnet launch and new ecosystem updates on the horizon, it’s time to separate fact from rumor.
🔸 Where Did the Claim Start?
This claim gained momentum after several Pi community moderators, including Shah Rah π, shared on X that “Pi Network open source may be realized around September!” He even posted a simple FAQ image explaining what this update could mean for everyone.
🔸 Fact Check: Pi Going Open Source in September 2025?
Lack of Official Confirmation
As of now, no update from the Pi Core Team on minepi.com or their verified social media accounts confirms the central node shutdown or full open-source transition. The lack of an official blog post, or press release, suggests the move is either in progress or speculative.
Core Protocol Access
Meanwhile, both the X post and web articles emphasize that while PIOS enables open-source app development, the blockchain’s core protocol remains inaccessible to the public
🔸 Is Pi Already Open Source?
Not yet. The Pi team says they are working to release their code to the public, but as of today, the code is not open source. Many in the community, as well as Pi news blogs and moderators like Shah Rah π, expect the code to be available in September.
However, as of August 4, 2025, the full source code hasn’t yet been published for everyone to see.
🔥 $XRP , Ethereum Lead Crypto Market Rebound as Trump Reignites Trade War
Altcoins XRP and Ethereumer are leading the cryptocurrency rebound following a mostly red week, as President Trump reignites his global trade war.
XRP and ETH have risen the most among the top 10 cryptocurrencies by market cap, per CoinGecko, climbing 4.5% and 2.7% respectively on the day. It comes as the odds that an XRP ETF will be approved before Litecoin have widened to 64%, according to Myriad Market predictors.
Ethereum is now down just 27% from its all-time high of $4,878.26, according to CoinGecko. As such, users on Myriad Markets believe there to be a 54.4% likelihood that ETH sets a new all-time high this year.
Leading the rebound is Ethereum-based stablecoin DeFi protocol Ethena, which has climbed 10.8% over the past 24 hours. Just behind Ethena is layer-1 blockchain Stellar, which has jumped 8.1%, Injective up 5.9%, and Solana meme coin BONK 5%.
Despite the daily green candles, all the aforementioned cryptocurrencies are still in the red over the past week.
On Thursday, President Trump renewed his global trade war by slapping dozens of U.S. trading partners with tariffs. The list of regions impacted includes China, Canada, the European Union, Mexico, and the UK. The new tariffs range from 10% to 41%.
In response the S&P 500 tanked 3.33% from Thursday high into Friday. Bitcoin and Ethereum dropped 2.1% and 3.8%, respectively, with XRP and Solana posting similar losses on the day.
However, as a new week dawns, the crypto market beginning its rebound.
As a whole, the global crypto market cap has risen just shy of 1% on the day, with Bitcoin, BNB, and Solana trading flat. The biggest loser, at the time of writing, is Hyperliquid, which is currently trading 4% than it was this time yesterday.
🚀 Ethereum To Break All-Time Highs in Coming Months, Predicts Analyst Benjamin Cowen – Here’s When
A widely followed crypto analyst says that Ethereum (ETH) looks set to reach a new all-time high within the next few months.
In a new strategy session, Benjamin Cowen tells his 917,000 YouTube subscribers that the second-largest digital asset by market cap has met his previous criteria of forming a higher macro low, therefore setting it up for an eventual push to new highs.
“For a long time, my bias was that it made sense to fade Ethereum because it was going to bleed against Bitcoin, and it needed to go home. It needed to form a macro higher low. Now, that’s happened. So, what is my bias now, right? Well, my bias now is that it will make new all-time highs and I’m going to say no later than December.”
Cowen sees Ethereum hitting its market cycle top before January 2026, with a maximum price tag of $7,500.
“I think the top for Ethereum for this market cycle will occur no later than January, and it could very well occur before that. It depends on what happens. So let’s suppose that Ethereum does go to a new all-time high this cycle and let’s suppose it happens within the next 5 to 6 months…
We did this whole video on the butterfly effect, where essentially if you go through the butterfly effect, it calls for a price of Ethereum, potentially of $5,300 to as high as $7,500. So, I say that again. $5,300 to $7,500 is a range that would be justified if you believe in that butterfly harmonic pattern that we’ve been following for a while.”
The butterfly effect refers to a harmonic pattern Cohen believes Ethereum is following, one that leads to a cycle top and an ensuing bear market.
Since the global trend is still upward, we may get a reaction from the order block that triggered the last bullish impulse. This is a strong support level.
✔️ If the reaction is confirmed, Bitcoin has every chance to reach a new high.
We might see the climax of this scenario as soon as the upcoming week 👀
🔵 Cardano Founder Reacts to $ADA Community Historic Governance Milestone
The Cardano (ADA) community just made history. For the first time, the community has directly approved core development funding, ushering in a new era of decentralized governance.
Cardano's Chang and Plomin upgrades ushered in a fully decentralized, self-sustaining network with community-driven governance, empowering ADA holders.
Cardano founder Charles Hoskinson reacted to this milestone, offering gratitude to the ADA community: "Thank you everyone for your support and trust. Let's get it done."
💬 Thank you everyone for your support and trust. Let's get it done.— Charles Hoskinson (@IOHK_Charles) August 3, 2025
In a major milestone, the Input Output Engineering (IOE) protocol road map proposal has been approved for funding from the Cardano treasury following overwhelming community approval.
The Cardano Community has formally voted in support of the IOE funding proposal (73.93% vote), marking a step forward in the journey toward community-led delivery and long-term protocol advancement.
By taking this step, the ADA community has approved not only a set of technical upgrades but also a consensus vision for Cardano's future. The road map, created in line with community priorities and adopted earlier this year, outlines one of the chain's most ambitious development phases in history.
🔸 What's coming?
The core development funding supports major upgrades in scalability, developer experience and interoperability. These include Ouroboros Leios, a fundamental performance upgrade that enables faster throughput without compromising security or decentralization.
Hydra is a protocol for ultra-fast, low-cost transactions and is ideal for microtransactions and real-time applications. Mithril enhancements will reduce bootstrapping times and provide lightweight client support for more adoption.
Nested transactions lay the technical basis for advanced smart contracts and interoperability.
📊 $HBAR Price Pattern Shows Why Traders Need to Brace for More Pain Ahead
Hedera Hashgraph’s native token HBAR has plummeted by 15% over the past week, dragged down by a broader market pullback.
As the crypto market continues to show signs of weakening momentum, technical indicators suggest HBAR’s downturn may be far from over.
🔸 HBAR Drops Under 20-Day EMA as Bears Take Over
Readings from the one-day chart show that HBAR’s double-digit decline has pushed its price below the 20-day Exponential Moving Average (EMA).
As of this writing, this key moving average forms dynamic resistance above the token’s price at $0.2446. For context, HBAR currently trades at $0.2391.
The 20-day EMA measures an asset’s average price over the past 20 trading days, giving weight to recent prices. When price trades above the 20-day EMA, it signals short-term bullish momentum and suggests buyers are in control.
On the other hand, when an asset’s price breaks below this level, it signals increased sell-side pressure and weakening short-term support. This puts HBAR at risk of logging more losses over the next few trading sessions.
As of this writing, HBAR’s MACD line (blue) rests below the signal line (orange), while the red histogram bars have grown in size — a sign that bearish momentum is accelerating.
The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines.
As with HBAR, when the MACD line rests below the signal line, it signals declining buying pressure and growing sell-side strength. This further supports the case for continued downside in the short term.
🔸 Can a Sentiment Shift Save the Token?
HBAR may be on course for deeper losses in the coming days as selloffs strengthen. In this scenario, its price could fall below $0.2283.
However, if sentiment shifts and a strong support base forms, it could drive the token’s price past the 20-day EMA and toward $0.2609.
📣 The 15 Most Searched Altcoins in Recent Hours Have Been Revealed – Here’s the List
Cryptocurrency tracking platform CoinGecko has compiled a list of the altcoins that have attracted the most interest from users in recent hours. The list includes both high-capitalization mainstream coins and notable projects with lower market capitalizations.
Here are the rankings and current market values of the most searched altcoins on CoinGecko:
Pump.fun (PUMP), in particular, is attracting attention with its 14.1% price increase in the last 24 hours. PUMP's weekly increase is 5.7%.
Bittensor (TAO) and Pudgy Penguins (PENGU) were among the other noteworthy projects, with gains of 18.6% and 18.5%, respectively, over the last seven days. TAO's $91 million daily trading volume also suggests that this interest is supported by volume.
🪙 Ripple: Banks Have Invested Over $100 Billion in Blockchain Infrastructure Since 2020
Traditional banks have invested more than $100 billion in blockchain since 2020, according to a recent Ripple-backed report claiming digital assets are going mainstream.
That figure comes from “Banking on Digital Assets,” a joint study by Ripple, CB Insights and the UK Centre for Blockchain Technologies (UK CBT), which analyzed more than 10,000 blockchain deals and surveyed over 1,800 global finance leaders. According to the findings, major banks are ramping up investments in custody, tokenization, and payment infrastructure — despite regulatory uncertainty and market volatility.
The report estimates that more than $100 billion has been invested in blockchain and digital asset initiatives globally between 2020 and 2024. It also found that 90% of surveyed finance leaders believe these technologies will have a significant or massive impact on finance within the next three years.
From 2020 through 2024, traditional financial institutions participated in 345 blockchain deals globally, the report says. Payment-related infrastructure drew the largest share, followed by crypto custody, tokenization and on-chain foreign exchange. Roughly 25% of investments focused on infrastructure providers powering blockchain settlement and asset issuance rails.
More than 90% of finance executives surveyed by Ripple believe blockchain and digital assets will have either a “significant” or “massive” impact on finance by 2028. Among bank respondents, 65% said they are actively exploring digital asset custody, with more than half citing stablecoins and tokenized real-world assets as top priorities.
Examples cited include HSBC’s tokenized gold platform, Goldman Sachs’ blockchain settlement tool GS DAP, and SBI’s work on quantum-resistant digital currency. Still, most respondents say consumer-facing digital assets are not the immediate focus — less than 20% of banks reported offering crypto trading or retail wallets.
🔼 Trump stated that in 5-6 months the USA will "flourish"
In a recent interview, Trump said that within half a year America will experience an economic boom. Undoubtedly, he means that the stock market will rise, which means the dollar will fall. Trump clearly plans to play on the short-term inflation increase due to tariffs and rate cuts so that despite the local price rise in the US, the markets remain green.
📉 In the last 24 hours, #BTC fell below $113k and tested the $112k level, leading to liquidations of $417 million.
🤝 Shiba Inu Open Interest Collapses, 14.03 Trillion $SHIB in Spotlight
Shiba Inu (SHIB) has seen a decline in open interest in the last 24 hours with about 0.25% slump in the red zone. Amid this, a massive 14.03 trillion SHIB have been committed by investors on the futures market of the meme coin.
🔸 Whale activity sparks concerns of potential sell-off
This volume is worth about $181.63 million at current market value. Notably, SHIB’s open interest refers to all the outstanding contracts for Shiba Inu that have not been settled. The figure indicates that despite market volatility, the market remains active as participants bet on future outcomes.
Any price shift at this time could impact the 14.03 trillion SHIB. As of this writing, Shiba Inu was changing hands at $0.00001210, representing a 1% decline in the last 24 hours. The meme coin was trading at a peak of $0.00001241 in earlier trading sessions before its recent drop.
Meanwhile, trading volume has also declined by 9.89% to $241.57 million within the same time frame. The pullback in trading volume might be a result of whale activity in the ecosystem. Market whales have deposited 84.9 trillion SHIB on exchanges, suggesting massive selling ahead.
Additionally, broader market sentiments have also impacted SHIB, resulting in a rejection at $0.000013. This is despite the increased burn activity meant to stabilize the price in the ecosystem.
However, the 14.03 trillion in the spotlight suggests that traders are optimistic that the meme coin would not wipe out all gains achieved in the last 30 days.
This is bold optimism, going by historical data. August has always been an odd month for the dog-themed meme coin.
Shiba Inu has never attained a massive price breakout in the month, and entering it on a weak footing does not help. Additionally, SHIB has no catalyst to trigger a rally at the moment. How Shiba Inu performs will be of interest to market participants moving forward.