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Litecoin surges 10% on ETF hopes and merchant activity amid quiet rotation : Litecoin (LTC) rose by more than 11% in the past 24 hours, edging above $123, marking one of the sharpest large-cap rallies this week as traders rotated into legacy altcoins amid improving sentiment and fresh ETF chatter.
The move, which made LTC as the largest weekly gainer among the top hundred tokens, comes as a mix of structural adoption and regulatory tailwinds.
In July, Litecoin accounted for 14.5% of all crypto payments on CoinGate, the firm said in an X post, leapfrogging stablecoins like USDT and USDC and second only to bitcoin (BTC).
As such, speculation over a spot ETF continues to build despite the SEC delaying its decision on Grayscale’s application until October.
Bloomberg analysts pegged the odds of eventual approval at 90% in early July, citing LTC’s commodity classification by the CFTC — a distinction that reduces legal risk and places it alongside bitcoin and ether (ETH) in regulatory clarity.
Elsewhere, MEI Pharma disclosed a $100 million litecoin allocation last month, echoing early bitcoin treasury moves and giving LTC a new angle as a low-beta treasury asset. While the buy hasn’t moved markets materially, the optics help.
Meanwhile, data from CoinDesk Analytics shows LTC broke above its 7-day simple moving average and faces a key pivot level at $117.61. Relative strength index (RSI) sits at 69.5 — elevated, but not yet signaling exhaustion. However, early MACD divergence suggests momentum may be cooling if inflows don’t sustain.
Traders are watching $124–$131 as a resistance zone, per analytics, and a close above could signal a structural breakout.
2010, you ignored $BTC 2013, you laughed at $XRP 2015, you called $ETH a scam 2017, you avoided $ADA 2019, you slept on $BNB 2021, you faded $SOL 2024, you missed $HYPE
The crypto market dropped nearly 2% in the past day, wiping out around $64 billion. Bitcoin led the slide, falling from $117,700 to as low as $112k, dragging major altcoins like $ETH $SOL and $DOGE down with it.
Why the Drop? 🎯- Selling pressure is high- Short-term Bitcoin holders dumped over 21,400 BTC onto exchanges in 24 hours.
-🎯 ETF outflows- Bitcoin ETFs saw $114 million in net outflows, forcing more selling.
🎯 Whales are moving- Over 5,000 $BTC (including a 12-year-old dormant wallet) got shuffled, likely for sale.
🎯 Macro worries- Weak U.S. jobs data (73K new jobs vs. 147K expected) sparked economic concerns, even though it raises odds of a September rate cut.
🎯Trump tariffs- New 10-50% tariffs on 60+ countries kick in August 7, potentially fueling inflation.
Traders lost $659 million in 24 hours, with longs taking the biggest hit ($602 million).
After weeks of gains, a pullback isn’t shocking, but with shaky macro factors, the market might stay rocky for a bit. #ETH4500Next? #CryptoIn401k
Potential early sign of reversal if MACD line (yellow) crosses DEA (purple) upward.
RSI (6): 42.99
Recovering from oversold region but still under 50 (neutral to bearish momentum).
Candlestick Pattern:
Strong bullish candle formed today after a small consolidation near $160 zone.
Rebound near EMA(99) suggests possible local bottom.
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📈 Bullish Scenario:
If SOL sustains above $168 and breaks EMA(25) at $171.88, it may retest:
Resistance 1: $180.88
Resistance 2: $195+
Target: $200 zone (recent high)
📉 Bearish Scenario:
If rejected below $171 and drops under $162 again:
Support 1: $152.21
Support 2: $141.13
Breakdown could push SOL toward $130s if momentum stays weak.
✅ Conclusion:
Short-term bias is neutral to slightly bullish. Watch for breakout above $172 or rejection near this level. A decisive move in the next 1–3 days will confirm the direction
ETH just popped out of a textbook bull-flag breakout — measured-move target lines up at $6,000. 🎯🟢 Flag formed after a sharp flag-pole uptrend; breakout = continuation signal. 📈
• Breakout above the flag channel — momentum tilt to the upside. 🔺 • Target derived from the flag-pole projection (hence $6,000). 🎯 • Confirmation to watch: follow-through candles + rising volume; use the flag lower trendline / pole base for stop placement. ⚠
This pattern historically leads to strong continuation — if momentum holds, $ETH can accelerate into a parabolic phase. Manage risk and trail stops as the move unfolds. 🚀📊
After a powerful rally and a recent correction, XRP is now entering what experts believe is the final stage of its current bull cycle: Wave 5. According to crypto analyst Mr. Xoom, this final push could propel XRP's price to an all-time high of $10, a level that would place its market cap in the same league as financial giants like Visa and Mastercard. What signals are pointing to this explosive finale, and what's the path to a monumental 200% gain?
The Elliott Wave Theory: Understanding XRP's Bull Cycle 📈 The bullish prediction for XRP is rooted in the Elliott Wave Theory, a technical analysis framework used to forecast market trends. According to analyst Mr. Xoom, XRP's current cycle can be broken down into five waves. Wave 3, the longest and strongest rally, has already concluded, seeing XRP surge from $0.50 to $3.39. This was followed by a corrective Wave 4, which saw the price dip to $1.60. Since then, XRP has rebounded and is now preparing for the final, and potentially most explosive, phase: Wave 5.
The Path to $10: A 200% Surge Looms 🎯 Mr. Xoom projects that Wave 5 could drive XRP's price to between $7 and $10. This would represent a potential upside of up to 202% from its current trading price of $3.31. At a $7 price point, XRP's market cap would swell to $415 billion, and at $10, it would reach nearly $600 billion, putting it in direct competition with the valuations of global companies like Netflix, Mastercard, and Visa. These projections are not isolated, as other prominent analysts such as XForceGlobal and EGRAG have also made similar price targets, with some even forecasting a stretch to $27.
The Whale Effect: A Confluence of Institutional and Retail Interest 🐋 The article highlights that a successful Wave 5 rally will be driven by a confluence of institutional and retail interest. As XRP gains legitimacy and its ecosystem grows, it is attracting a new wave of capital from large-scale investors. Their strategic accumulation during corrective phases, and their willingness to hold, provides a strong foundation for the price. The final push to $10 will be fueled by both the confidence of these "whales" and a massive influx of retail interest, creating a powerful market dynamic that could propel XRP to unprecedented heights.
Conclusion $XRP is at a pivotal moment, with an expert prediction of a massive Wave 5 rally that could see its price surge to $10. This bullish forecast, rooted in Elliott Wave Theory, is supported by a confluence of technical indicators and a growing wave of investor confidence. While the crypto market is inherently volatile, the potential for a 200% gain and a new all-time high of $10 is an exciting prospect. The coming days and weeks will be a crucial test of strength for XRP, determining whether it can achieve this ambitious price target.
Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.
Nakamoto Holdings' founder says $1B Bitcoin purchase is imminent. He plans to use VWAP trading to minimize market impact. David Bailey, CEO of Bitcoin Magazine and Bitcoin advisor to US President Donald Trump, says that his dream of buying $1 billion worth of Bitcoin will come true tomorrow. “Gotta start dreaming bigger,” he wrote on X on Monday. Bailey’s comments come after Nakamoto Holdings, the Bitcoin-native company he founded earlier this year in partnership with KindlyMD, raised more than $51 million through a private investment in public equity (PIPE) deal to expand its Bitcoin treasury. The deal, announced in June, has increased the firm’s total capital earmarked for Bitcoin purchases to $763 million. “It’s $760M on day one, with more to come,” Bailey said in response to X users’ questions about the upcoming $BTC purchase. Bailey had unveiled plans to raise up to $200 million to establish a political action committee focused on promoting Bitcoin’s interests in the US. The PAC, potentially anchored by Nakamoto Holdings, seeks to support pro-Bitcoin political candidates and initiatives, including ambitious goals like driving the Bitcoin price to $10 million and fostering long-term strategic positions for the digital asset.
LINK Breaks $21, Eyes $50 as Whale Buys and Global Partnerships Fuel Rally #Chainlink ($LINK ) has surged 36% this week, breaking its multi-year $21 resistance and setting up for a potential run toward $50 and beyond. The breakout is supported by whale accumulation, protocol buybacks, and expanding partnerships with major global financial institutions. On-chain data shows wallets holding 100K–1M LINK grew by 4.2% in August, adding 0.67% of the circulating supply. Exchange reserves dropped to 273M LINK, easing sell pressure. The new Chainlink Treasury Reserve has converted over $1M in enterprise revenue to LINK since August 7 — tokens that will not be reintroduced into the market. Technically, LINK is now trading above all major EMAs after clearing $21, a level that has capped rallies since 2021. Historical patterns from this breakout zone previously fueled rallies to all-time highs. The chart has also formed a double bottom, similar to the previous setup that triggered a strong pump, putting $31 and $36 in focus. Beyond price action, Chainlink’s institutional footprint continues to expand. Partnerships span Fidelity, Swift, DTCC, Citi, JPMorgan, BNP Paribas, and UBS, covering tokenized asset settlement, CBDC pilots, AI-driven market oracles, and cross-border payments and many others. These integrations position LINK at the center of the growing tokenization market, where transaction volumes are projected to surge. With whales tightening supply, buybacks adding consistent demand, and Wall Street building on its infrastructure, LINK’s breakout is backed by both technical and fundamental strength. Maintaining $21 as support could keep momentum intact toward a full retest of previous highs.
$MYX #Bitlayer #BTCReclaims120K has exploded in August 2025, surging 1,500%+ from $0.096 (its TGE price in May) to around $2.00 at its peak .
Rapid rallies of 289%–300% within days have included daily spikes as high as 371% across Arbitrum and BNB chain markets .
The token recently reached an all-time high above $2.00, then pulled back to trade around $1.8–1.9 USD .
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⚠️ Risks & Market Drivers
🚨 Overhyped & Volatile Price Behavior
Analysts warn of suspicious trading activity and token unlock events fueling inflated volume and possible manipulation .
Technical indicators, like an RSI near 97, signal overbought conditions. Thin liquidity combined with FOMO-driven retail interest led to a 50% crash in early August 2025 .
🔧 Anticipation Around V2 Upgrade
The upcoming MYX V2 platform upgrade—rumored to include zero‑slippage trading, chain abstraction, and improved matching—has stoked heavy buying momentum .
🧾 Liquidity & Tokenomics Pressure
Despite a market cap of $200M‑$300M, high perp volumes and thin circulating supply have made MYX extremely sensitive to spikes in trading volume and token unlocks .
The people who told you NOT to buy Bitcoin are now buying more than you could afford in a lifetime.
Look at Harvard,
From “Bitcoin’s going to $100” in 2018… to buying $116M at $116K in 2025
It’s not that they were lying back then. They were just wrong. Dead wrong.
This story plays out everywhere: Deniers → Skeptics → Believers → Advocates.
It’s all too common: • Harvard: 2018: “Bitcoin could go to $100.” 2025: Buys $116M worth. • JPMorgan: Jamie Dimon once called Bitcoin a “fraud.” Now offers Bitcoin to clients and is bullish on crypto adoption. • BlackRock: Larry Fink called Bitcoin an “index of money laundering.” Now runs the world’s largest Bitcoin ETF. • Goldman Sachs: Warned clients against crypto. Now offers Bitcoin trading desks and digital asset funds. • Elon Musk: Once mocked crypto. Now Tesla holds billions in Bitcoin.
The loudest critics eventually join the party. They just buy in later, at a much higher price.
Here’s the truth: in time, every denier becomes a believer. The only question is… what price will they finally believe?$BTC