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Helium HNT Mobile is one of the crypto companies that keeps on building. Its base is continually growing in the background as the team pushes out new developments. The new tokenomics model redirects 100% of Helium Mobile’s monthly subscriber revenue to burn HNT crypto, thus creating scarcity and, in theory, increasing value. HNT is burned to create Data Credits, which are used to pay for all network activity, including data transfer on IoT and the 5G networks. Put simply: More users -> more network activity -> more HNT burned. As a growing DePIN project backed by investors such as Andreessen Horowitz, GV (formerly Google Ventures), Pantera Capital, Deutsche Telecom, Goodyear Ventures (yes, the tyre company), and others, Helium Mobile’s HNT is set to be one of the better-performing coins during the next DePIN season. HeliumPriceMarket CapHNT$476.78M24h7d30d1yAll time DISCOVER: Top 20 Crypto to Buy in 2025 You might ask, ” Will there be a DePIN season?” With the sector’s market cap growing from $1,33bn to over $18bn in 2025, major investors and research firms highlight DePIN as a top narrative. Some projections suggest a market cap into the trillions in the coming years. With great fundamentals uncovered, let’s dig into some technical analysis. Helium HNT Mobile Price Rally: HNT Crypto Technical Analysis Insights (HNTUSD) Starting today’s analysis on the 1W timeframe, we see the bear market drop into 2023. Then, almost a year of consolidation and a rally at the end of 2024, topping out at ~$11, followed by a six-month downtrend and then another test of the $10 resistance, effectively establishing the top of a range. Price spent this year at the bottom half of the range and tested support three times. Thus, the current Weekly price range is between $2.20 and $10. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 (HNTUSD) Let’s look at the 1D timeframe now. We see that a smaller range is keeping Helium HNT price bound—$2.25 support and $4.40 resistance. There is a probable deviation below support—it will be confirmed only if the price does not break support again. As the price slows down this month, we can expect a retest of resistance in September. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Low Timeframe Trading Insights For HNT Crypto (HNTUSD) Finally, let’s take a look at the 4H timeframe. One thing we should be looking at when looking for long entries is bullish reversal signs, such as candlesticks and patterns. Identifying a range is also important. On this Low Timeframe (LTF) chart, we can narrow down the range even more – roughly between $2.44 and $2.72. We can see two Bullish Engulfing Candles and a variation of Morning star pattern (usually it is made up of 3 candlesticks). A break to the upside of this range is a trigger to enter long with a stop below the bottom of the range. Happy trading and stay safe out there! Join The 99Bitcoins News Discord Here For The Latest Market Updates Helium HNT Poised for a Rally: New Price Analysis Reveals Why Current Weekly range is between $2.20 and $10 1D chart and 4H charts are both range-bound Price needs to break above $2.70 before a push to $4.40 Strong fundamentals and backing by institutional investors HNT looks like a good long-term play The post Helium HNT Poised for a Rally: New Price Analysis Reveals Why appeared first on 99Bitcoins.

Ask any homebuyer these days about how their home search is going, and you are likely to hear a whole lot of frustration. The summer of 2025 turned out to be challenging not only for homebuyers, but home sellers and homebuilders. Call it a perfect storm for the U.S. housing market, and that in turn helped to boost gold. In July, new home sales skidded 0.6% to a seasonally adjusted rate of 652,000, the Commerce Department said. Economists had forecast new home sales to climb. Gold climbed to a 3-week high, boosted by the weaker housing news, concerns over Federal Reserve independence, and ongoing safe-haven buying amid geopolitical and economic uncertainty. So, why has the housing market stalled? What does it mean for gold and for the U.S. economy? Let’s dig deeper. Homebuyers: High Mortgage Rates, High Home Prices First-time homebuyers face big challenges when it comes to signing on the dotted line and hiring movers to move into a new home. These include high mortgage rates and high home prices. In June, the median price for a U.S. existing home soared to a record high of $435,300, according to the National Association of Realtors. That’s up 2% from a year ago and marked the 24th straight month of annual price increases. Add rising mortgage rates into the mix at around 6.70% and that means new homebuyers must pay above $1,200 per month more for a median-priced home than in 2022. Sellers: Starting to Delist Instead of Lowering Prices Frustrated home sellers are pushing back against price cuts, and that’s another factor resulting in the stalled housing market. The longer homes sit, the more likely sellers are to delist their homes for sale, Realtor.com said. The rise in delisting has also coincided with a slower pace of new listings. Builders: Cautious amid Weak Demand and High Prices for Building Materials It turns out there’s a national shortage of about 4 million homes. Yet, builders are cautious in the current environment, and new single-family construction has slowed. Building permits dropped 4.4% year-over-year in June. Builders point to high financing costs, weak buying demand, and rising prices on building construction materials as factors holding them back. Since 2022, single-family home starts are down 10% while new homes under construction are down 15%. Big Picture: Home Buying is an Important Engine for U.S. Economic Growth When the housing market slows, that has a spillover negative impact on the U.S. economy. After all, when you buy a new home, you often buy new furniture, appliances, and start to spend on things like landscaping and maintenance. This has a ripple effect throughout the economy, increasing demand for goods and services, which creates jobs and boosts economic growth. A slowdown in the housing market has the opposite effect, and that’s what we are seeing now. Why Gold Climbs on Signs of a Weaker Housing Market As we saw in late August, when gold climbed to a 3-week high, precious metals benefit from weaker housing market data because it reveals broader economic stress, increased uncertainty about the labor market, and even concerns about a recession, which increases safe-haven demand for gold. Economists remain sour on the outlook for the housing market ahead, which creates favorable conditions for gold to continue to climb. The worrisome housing data is only one of many reasons investors are piling into gold in 2025, with the precious metal soaring to a record high in the first half of the year. Gold is trading quietly now, but firms from Fidelity to Goldman Sachs and J.P. Morgan forecast a new leg higher with the price of gold expected to exceed $4,000 an ounce. That makes today a great time to consider increasing your allocation to precious metals. Get started with a complimentary portfolio review with a Blanchard portfolio manager today. The post New U.S. Home Sales Skid: Gold Climbs to 3-Week High appeared first on Blanchard and Company.

Ask any homebuyer these days about how their home search is going, and you are likely to hear a whole lot of frustration. The summer of 2025 turned out to be challenging not only for homebuyers, but home sellers and homebuilders. Call it a perfect storm for the U.S. housing market, and that in turn helped to boost gold. In July, new home sales skidded 0.6% to a seasonally adjusted rate of 652,000, the Commerce Department said. Economists had forecast new home sales to climb. Gold climbed to a 3-week high, boosted by the weaker housing news, concerns over Federal Reserve independence, and ongoing safe-haven buying amid geopolitical and economic uncertainty. So, why has the housing market stalled? What does it mean for gold and for the U.S. economy? Let’s dig deeper. Homebuyers: High Mortgage Rates, High Home Prices First-time homebuyers face big challenges when it comes to signing on the dotted line and hiring movers to move into a new home. These include high mortgage rates and high home prices. In June, the median price for a U.S. existing home soared to a record high of $435,300, according to the National Association of Realtors. That’s up 2% from a year ago and marked the 24th straight month of annual price increases. Add rising mortgage rates into the mix at around 6.70% and that means new homebuyers must pay above $1,200 per month more for a median-priced home than in 2022. Sellers: Starting to Delist Instead of Lowering Prices Frustrated home sellers are pushing back against price cuts, and that’s another factor resulting in the stalled housing market. The longer homes sit, the more likely sellers are to delist their homes for sale, Realtor.com said. The rise in delisting has also coincided with a slower pace of new listings. Builders: Cautious amid Weak Demand and High Prices for Building Materials It turns out there’s a national shortage of about 4 million homes. Yet, builders are cautious in the current environment, and new single-family construction has slowed. Building permits dropped 4.4% year-over-year in June. Builders point to high financing costs, weak buying demand, and rising prices on building construction materials as factors holding them back. Since 2022, single-family home starts are down 10% while new homes under construction are down 15%. Big Picture: Home Buying is an Important Engine for U.S. Economic Growth When the housing market slows, that has a spillover negative impact on the U.S. economy. After all, when you buy a new home, you often buy new furniture, appliances, and start to spend on things like landscaping and maintenance. This has a ripple effect throughout the economy, increasing demand for goods and services, which creates jobs and boosts economic growth. A slowdown in the housing market has the opposite effect, and that’s what we are seeing now. Why Gold Climbs on Signs of a Weaker Housing Market As we saw in late August, when gold climbed to a 3-week high, precious metals benefit from weaker housing market data because it reveals broader economic stress, increased uncertainty about the labor market, and even concerns about a recession, which increases safe-haven demand for gold. Economists remain sour on the outlook for the housing market ahead, which creates favorable conditions for gold to continue to climb. The worrisome housing data is only one of many reasons investors are piling into gold in 2025, with the precious metal soaring to a record high in the first half of the year. Gold is trading quietly now, but firms from Fidelity to Goldman Sachs and J.P. Morgan forecast a new leg higher with the price of gold expected to exceed $4,000 an ounce. That makes today a great time to consider increasing your allocation to precious metals. Get started with a complimentary portfolio review with a Blanchard portfolio manager today. The post New U.S. Home Sales Skid: Gold Climbs to 3-Week High appeared first on Blanchard and Company.

After the market crash, the Dogecoin price suffered a decline to $0.2, which presented as a perfect opportunity for whales to get back in action. With the momentum rising for the meme coin, there are a number of factors that have been presented that suggest the price could more than double soon. Pseudonymous crypto analyst ProjectSyndicate highlights these catalysts in an analysis, showing what will drive the Dogecoin price to new yearly peaks. But First, A Retest Of The Reload Zone? Just like other digital assets in the space, Dogecoin features a low reload zone with lots of support that the price could retest before moving upward. In this case, the reload zone lies as low as $0.15, meaning that a failure to continue the uptrend could lead to a retest of this zone. So far, the Dogecoin price has managed to escape testing this zone as the bulls continue to hold support. Initial support featured heavily above the $0.22 level. However, as bears have put pressure on this level with notable sell-offs, support above $0.2 remains the major zone. As the crypto analyst explains, the $0.15-$016 zone is the bottom of the Dogecoin accumulation range. It means that a breakdown from here would likely touch this level, making it the ideal spot to start getting into position before the Dogecoin price takes off again. Catalysts To Drive Dogecoin Price To New Peaks Outside of the reload zone, there are a number of factors that have positioned Dogecoin for a possible strong bullish move. The first here is the accumulation that has followed the price correction. So far, whales have been buying DOGE, marked by major withdrawals from exchanges. Another catalyst is the expectation of a Dogecoin ETF. So far, multiple firms have filed for a Dogecoin ETF, but none have been approved as the SEC continues to postpone its decision. But if an approval does come through, then the significant institutional inflow could drive the price higher. The analyst also points to the DogeOS launch that allows Dogecoin users to take advantage of decentralized finance on the Ethereum network. This is another utility that has boosted Dogecoin’s popularity among investors and could help to prop up its price. On the technical side, the Dogecoin price is also throwing out bullish prospects, with a Golden Cross forming after the 50-Day Moving Average crossed the 200-Day Moving Average. Golden Crosses have often preceded strong bullish moves, and this time is expected to be no different. From here, the Dogecoin price simply has to hold above $0.15-$0.16, even in the case of a crash. If bulls can maintain this level, then the analyst expects price to reclaim $0.25, with the possibility of further upside to $0.34-$0.40, before expanding toward $0.55.

Why is crypto going down today? Friday, August 29, marks a critical day for the crypto markets as Binance Futures suddenly went offline while a massive $15 billion in Bitcoin and Ethereum options contracts are set to expire. The Bitcoin options market shows a put/call ratio of 0.79, with the “max pain” level at $116,000 and open interest heaviest at $140,000. Ethereum contracts show similar bullish momentum, with a put/call ratio of 0.76 and max pain at $3,800. With traders already bracing for turbulence, the outage adds further uncertainty — and it has many asking what could be the best crypto to buy now. Pyth is set to publish five years’ worth of historical GDP data and expand into more macroeconomic indicators. Could PYTH really compete with LINK? At the time of writing, Bitcoin trades near $110,300 and Ethereum around $4,390, while Chainlink’s momentum is holding its position. High volatility is expected. Stay tuned to our real-time updates below. 2 hours ago PetroChina Explores Stablecoin-Based Cross-Border Settlement Amid Hong Kong Regulatory Shift By Fatima PetroChina has announced plans to study the feasibility of using stablecoins for cross-border settlement and payments, marking a major step toward financial innovation in the energy sector. The news comes as Hong Kong’s new stablecoin regulatory framework officially took effect on August 1, requiring issuers to obtain licenses and meet strict capital requirements. According to Yahoo Finance, PetroChina’s CFO Wang Hua confirmed the initiative during the company’s half-year results briefing, noting that the firm is closely monitoring developments from the Hong Kong Monetary Authority. This move positions PetroChina as one of the first energy giants to explore digital asset-based settlement under Hong Kong’s new rules. Industry analysts suggest stablecoins could lower costs, reduce FX risks, and increase efficiency in global energy trade. 3 hours ago Mantle Surpasses $4 Billion in Treasury Assets, Becomes Market Leader By Fatima Mantle has announced that its treasury has surpassed $4 billion in assets, making it the largest in the crypto market. Alongside this milestone, Mantle highlighted its involvement in the recent U.S. Department of Commerce and Chainlink integration, which aims to bring key U.S. government data on-chain. The post [LIVE] Today Crypto News, August 29 – $15 Billion Bitcoin and Ethereum Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Compete for Best Crypto to Buy Now appeared first on 99Bitcoins.

Solana (SOL) is attempting to reclaim a strong resistance zone for the fourth time, which has led some investors to suggest that the rally won’t last long. Nonetheless, on-chain data suggests that SOL’s next leg up could be starting. Solana Breaks Out Of Triangle Pattern On Thursday, Solana hit a six-month high of $216 after breaking out of one of its most crucial resistance zones. The cryptocurrency bounced 16% from Monday’s lows and reclaimed the $200 barrier as support on Wednesday, closing the day above this area. SOL briefly reclaimed this level during the early August breakout, but the recent market corrections dragged its price to the $175-$195 area. Amid Thursday’s rally, market watcher Daan Crypto Trades highlighted its performance, asserting that it is “at an interesting spot.” The trader explained that Solana is trading in a multi-month rising wedge pattern, currently nearing the resistance level that has held over the months. Notably, the cryptocurrency has been rejected from the pattern’s upper boundary multiple times since July, retesting the ascending support line on each occasion. Supporting SOL’s case, Daan argued that it has “been strong on the back of treasury vehicles being spun up and potential upcoming buying + frontrunning,” noting that “rising wedges are generally leaning bearish but in bull markets it’s nothing new for these to break towards the upside instead.” Based on this and the cryptocurrency’s recent performance, he forecasted that it would reach higher levels later this year. Similarly, analyst Ali Martinez pointed out a six-month ascending triangle pattern on the altcoin’s chart, which targets the $360 area. Solana retested the pattern’s resistance three times over the past month and a half, but ultimately failed to turn the $205-$207 zone into support. As the altcoin pushed past the $210 mark, the analyst raised the question of whether the ongoing breakout attempt will be successful or if SOL’s rally would be short-lived for the fourth time. Fourth Time’s The Charm? Martinez shared multiple technical indicators that suggest Solana could finally break out of this pattern and aim for the long-awaited $300 barrier. The analyst explained that the backdrop of social sentiment and on-chain positioning differentiate the current price move from the previous attempts. Unlike the previous breakout attempts, sentiment across the community is more subdued. “Historically, euphoric sentiment above the ‘230’ index level coincided with local tops, as excessive optimism preceded retracements,” he detailed. According to the analyst’s chart, sentiment is muted this time, which suggests “skepticism rather than crowded bullish positioning.” Additionally, around $1 billion in realized profits have been booked after the surge to $212, signaling that some traders likely remain unconvinced that momentum will hold during this attempt. He also highlighted that there are significant accumulation zones below $207, with multiple support zones between $165 and $206, providing a strong base to continue rallying, which contrasts with the lack of resistance above the $212 area. “If buying pressure builds, the path toward $300 is comparatively less obstructed,” Martinez affirmed, adding that Solana’s fundamentals, including the proposed Alpenglow consensus upgrade, may also add fuel to the breakout. “With skepticism still present, strong accumulation below $207, and little resistance overhead, this attempt has a higher probability of succeeding compared to prior failures. A confirmed breakout above $212–$215 on sustained volume would shift focus to the $300 target zone,” he concluded. As of this writing, Solana is trading at $212, a 17% increase in the weekly timeframe.

⦁ GBP outlook has turned bearish: Sticky inflation, slowing growth, and tight fiscal prospects tilt risks to the downside despite earlier stability versus G10. ⦁ BoE likely to cut once more, then pause: After a split August 25 bp cut, a single 25 bp cut in November is plausible, with futures sceptical about further easing. ⦁ Inflation is persistent and services-led: Core ~3.8% y/y; services ~5% y/y; broad pricing pressure and elevated expectations keep disinflation progress limited. Recent performance and policy signals For most of 2025 sterling was broadly stable against the G10 basket despite a marked weakening of the US dollar and a modest strengthening of the euro. The latest data and turbulence in monetary policy suggest the balance of risks for GBP has tilted to the downside, so earlier, more optimistic views on the currency may now lack sufficient support. After an unexpectedly strong first quarter supported by above average exports to the United States, April and May weakened, which was offset by a strong June, leaving second quarter growth at 0.3 per cent quarter on quarter. In June the Bank of England signalled a more dovish stance, briefly lifting expectations for rate cuts. Higher inflation then cooled those assumptions. In early August a 25 bp cut passed only on a second vote. In the first vote four members favoured no change, four supported a 25 bp cut and one argued for a 50 bp reduction. The economic picture is also harder to interpret because of quality issues in ONS data. Inflation remains persistently high Core inflation remains stubborn. For nearly two years its seasonally adjusted month on month pace has hovered around 0.28 per cent, clearly above target. After a brief episode of goods disinflation, goods prices have accelerated again, while services inflation has eased slightly. Headline CPI and core CPI have been rising year on year for several months, with core at about 3.8 per cent year on year. Services inflation is around 5 per cent year on year and has oscillated near that level since last autumn. Overall, price pressure has not abated. The ONS has not published PPI since January. Import costs are likely falling, as suggested by declining container freight rates. The Bank of England has comparatively few concerns about industrial goods excluding energy, where price growth is only moderate. Services generate the larger problem, with wages running above trend. Pricing pressure is broad based across many categories and both firms and households report elevated price expectations. For now companies can accept lower margins to avoid choking demand, but that may change, with more costs passed through to customers, which would lift inflation over a longer horizon. UK CPI and core CPI inflation, y/y, source: Bloomberg Growth is unbalanced and increasingly reliant on services The United Kingdom’s growth dynamics are not encouraging. Since the fourth quarter of 2022 almost all gains in GDP have come from the public sector. Without government spending the economy would have been in stagnation for more than two years. In 2024 goods exports fell back to their 2019 level. Combined with a weak industrial sector this points to a growing dependence on services. If services were to weaken as well, the outlook would deteriorate quickly. Real wages are rising, but this is not feeding through to consumption because households are increasing savings. UK GDP growth, q/q., source: Bloomberg Labour market momentum is cooling The labour market has been losing momentum for more than a year. The downtrend began well before the change of government and is consistent with the lagged impact of restrictive Bank of England policy. The vacancy to unemployment ratio, which is central to the Bank’s framework, has fallen below its 2019 average. Public finances are tight and October could be pivotal The public finances are stretched. Chancellor of the Exchequer Rachel Reeves faces a difficult balancing act. On the one hand she aims to show that current commitments will be funded from taxation. On the other she has pledged not to raise taxes. Changes due in October that increase employer contributions could bring additional revenue to the Exchequer, but they may also push up labour costs. Meanwhile spending needs, for example on defence, are rising. The October Budget is likely to be pivotal and could generate higher volatility in GBP. Policy outlook points to one cut and then wait and see The Bank of England faces a classic dilemma. It must continue to tackle persistent inflation while also supporting a slowing economy. A single cut of 25 bp in November looks plausible, followed by a shift to a wait and see stance. Futures pricing remains sceptical about further easing this year according to Overnight Index Swaps. The situation could change if forthcoming data disappoint, which would likely exert downward pressure on sterling. UK Bank of England Official Bank Rate Near term upside risks versus medium term headwinds In the near term positive data surprises are possible given low expectations and the likelihood that recent prints understated the underlying trend. Over the medium and longer term structural growth constraints, a cooler labour market and tight fiscal conditions may dominate. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

115 crypto companies, investors, and organizations have come together to urge the US Senate to incorporate explicit protections for open-source software developers and non-custodial service providers in upcoming market structure legislation. This coalition, spearheaded by the DeFi Education Fund, includes high-profile supporters such as Coinbase, a16z crypto, and Ripple, all emphasizing the need for regulatory clarity that fosters innovation rather than stifling it. Historic Letter From Crypto Leaders The letter, signed by 115 key players in the crypto ecosystem, underscores a collective commitment to preserving the rights of those who build the digital financial landscape. It states: We speak to Congress with one voice: provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation. Without such protections, we cannot support a market structure bill. The signatories highlight the historical advantages the US has enjoyed in software development, which have led the nation to the forefront of technological innovation over the past five decades. They argue that to maintain this leadership in the digital financial era, legislation must recognize the crypto market’s blockchain technology as neutral infrastructure. Furthermore, they assert it should ensure that crypto developers and service providers are not subjected to outdated regulatory frameworks designed for traditional finance. Calls For Legislative Protections The letter also points to troubling statistics: the share of open-source software developers in the US has declined from 25% in 2021 to a projected 18% in 2025. This drop is largely attributed to the uncertainties surrounding regulatory frameworks for software development. As noted in a recent report from the President’s Working Group on Digital Assets, reversing this trend is essential for making America the “crypto capital of the world.” While the House and Senate have included provisions like the Blockchain Regulatory Certainty Act and the Keep Your Coins Act in their drafts, which aim to distinguish between intermediated finance and decentralized networks, the letter emphasizes that more clarity is needed. They believe that the proposed legislation must ensure that crypto developers are not misclassified as money transmitters and that they can engage in their activities without facing regulatory penalties. The call for comprehensive federal protections is framed as a bipartisan issue, with a history of support for open-source software crossing party lines. Past legislation, such as the CLARITY Act, received overwhelming backing, indicating a strong consensus on the need to protect developers and non-custodial service providers. The current coalition aims to build on this momentum and push for enhancements in the legislative protections for developers. Featured image from DALL-E, chart from TradingView.com

Data shows social media sentiment around Solana has hit a 11-week high following the latest recovery surge in the cryptocurrency’s price. Solana Is Now Observing 5.8 Bullish Comments For Every Bearish Post In a new post on X, analytics firm Santiment has discussed about the latest trend in the Positive/Negative Sentiment for Solana. This indicator tells us about how the bullish and bearish comments related to SOL currently compare on the major social media platforms. The metric uses a machine-learning model to judge whether a given post/thread/message is positive or negative. Once it has separated the texts into the two categories, it counts them up and finds their ratio. Now, here is the chart shared by the analytics firm that shows the trend in the Solana Positive/Negative Sentiment over the last couple of months: As displayed in the above graph, the Solana Positive/Negative Sentiment has witnessed a sharp increase recently, indicating that positive comments related to the cryptocurrency have ramped up. Currently, there are 5.8 positive posts appearing for every negative post. This is the highest that the ratio’s value has been since June 11th, more than two months ago. The rise in bullish sentiment is a result of the 16% price surge that SOL has enjoyed over the past week. While some excitement after rallies is normal, an excess of it can be something to watch out for. This is because digital assets have historically tended to move in a way that goes contrary to the expectations of the majority. This means that a large amount of hype among social media users can lead to tops. Similarly, widespread fear can facilitate the formation of a bottom. With the Positive/Negative Sentiment sitting on an 11-week high, it now remains to be seen whether trader FOMO would become an obstacle in the Solana rally. In some other news, Santiment has shared an update on how projects on the SOL blockchain currently rank up against each other in terms of the Development Activity. The “Development Activity” refers to a metric that measures, as its name suggests, the total amount of work that the developers of a given cryptocurrency project are putting in on its public GitHub repositories. Below is a table that shows the 30-day value of the metric for the top projects in the SOL ecosystem. It would appear that the king of the SOL ecosystem is none other than Solana itself, with a Development Activity value of 138.37. Wormhole (W) and Drift (DRIFT) are the next best projects with metric values of 41.47 and 31.9, respectively. SOL Price At the time of writing, Solana is trading around $212, up 1.6% over the past day.

Solana started a fresh increase above the $200 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $200 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance zone. Solana Price Extends Surge Solana price started a decent increase after it found support near the $192 zone, beating Bitcoin and Ethereum. SOL climbed above the $200 level to enter a short-term positive zone. The price even smashed the $205 resistance. The bulls were able to push the price above the $212 barrier. A high was formed at $217 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $185 swing low to the $217 high. Solana is now trading above $212 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $218 level. The next major resistance is near the $220 level. The main resistance could be $225. A successful close above the $225 resistance zone could set the pace for another steady increase. The next key resistance is $232. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $220 resistance, it could start another decline. Initial support on the downside is near the $212 zone. The first major support is near the $210 level. A break below the $210 level might send the price toward the $202 support zone and the 50% Fib retracement level of the upward move from the $185 swing low to the $217 high. If there is a close below the $202 support, the price could decline toward the $195 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $212 and $202. Major Resistance Levels – $220 and $225.

TRON (TRX) has been showing signs of slowing momentum after its climb near previous highs. The token is currently priced at $0.3486, reflecting a 19.2% decline from its all-time high of $0.4313 recorded late last year. Over the past week, the market has seen limited upward movement, with TRX trading in a narrow range, suggesting muted buying pressure. On-chain analysts are closely watching TRON’s market dynamics as it approaches a potential inflection point. According to data shared on CryptoQuant’s QuickTake platform, TRX is exhibiting conditions that mirror earlier phases in its history where heightened optimism preceded corrections. The combination of rising sentiment indicators and technical positioning has sparked debate on whether TRX is preparing for a breakout or facing increased risk of retracement. Market Conditions and On-Chain Metrics CryptoQuant contributor CryptoOnchain explained that TRX is at the edge of a critical zone, with “Extreme Greed” sentiment levels dominating investor behavior. Historically, such phases have led to either price discovery above resistance or sharp pullbacks when momentum fails to sustain. The analyst noted that the gap between TRX’s spot price and its realized price has widened, indicating substantial unrealized gains in the market. This divergence often increases incentives for holders to secure profits, adding to potential selling pressure. The on-chain data further highlights that TRX is approaching its upper value band, an area typically associated with overbought conditions. CryptoOnchain noted: TRX is at a critical juncture: a breakout above the all-time high could lead to further upside, but there is also a real risk of a correction. Traders should proceed with caution. To mitigate risks, strategies such as trailing stop-losses and partial profit-taking were recommended, especially given the heightened levels of speculative optimism. Stablecoin Dominance on the TRON Network While price performance has drawn attention, another significant factor shaping TRON’s trajectory is its growing role in stablecoin settlements. CryptoQuant analyst Burak Kesmeci recently emphasized that stablecoin transfers heavily dominate TRON’s ecosystem in 2025. Data shows: USDT: over 383 million transfers. Wrapped TRX (WTRX): 3 million. PayNet Coin: 1.88 million. USDD: 585,000. This activity shows TRON’s positioning as the leading blockchain for USDT transactions, benefitting from its relatively low fees and high throughput. The passage of the US Genius Act, which reinforced the role of certain blockchains in stablecoin settlements, further boosted TRON’s relevance in global payment flows. The analyst argues that while speculative trading around TRX’s price dominates headlines, its utility-driven demand in stablecoin transfers provides a strong foundation for long-term resilience. With over 90% of its transaction activity tied to USDT, TRON’s role as an infrastructure layer for digital dollar settlements remains one of its key strengths. Featured image created with DALL-E, Chart from TradingView

XRP price is struggling to clear the $3.080 resistance zone. The price is now declining and might extend losses if it drops below $2.920. XRP price is correcting gains from the $3.080 resistance. The price is now trading near $2.9650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to decline if it stays below the $3.050 zone. XRP Price Faces Hurdles XRP price started a downside correction from $3.0850, like Bitcoin and Ethereum. The price traded below the $3.0650 and $3.050 levels. The bears were able to push the price below $2.980 and the 100-hourly Simple Moving Average. Moreover, there was a spike below the 50% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. The price is now trading below $2.9650 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance at $3.020 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.920 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.00 level. The first major resistance is near the $3.020 level. A clear move above the $3.020 resistance might send the price toward the $3.080 resistance. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150. More Losses? If XRP fails to clear the $3.020 resistance zone, it could continue to move down. Initial support on the downside is near the $2.920 level or the 61.8% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. The next major support is near the $2.8850 level. If there is a downside break and a close below the $2.8850 level, the price might continue to decline toward $2.80. The next major support sits near the $2.780 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.920 and $2.840. Major Resistance Levels – $3.020 and $3.080.

Ethereum (ETH) is slowly making a larger market footprint as institutional capital continues to rotate away from Bitcoin. Spot Ether ETFs have recorded nearly $10 billion in inflows since July, far surpassing Bitcoin ETF demand over the same period. According to K33 Research, Bitcoin’s open interest has surged to a two-year high of $34 billion, raising concerns about excessive leverage, while Ethereum’s consistent capital inflows highlight growing confidence in its long-term role. Notably, a Bitcoin whale recently swapped 22,400 BTC for ETH, pushing Ethereum to a new all-time high near $4,956. This move accelerated the ETH/BTC ratio to 0.041, signaling that institutional money may be repositioning toward Ethereum’s ecosystem. Why ETH is Wall Street’s Favorite Crypto Wall Street has increasingly embraced Ethereum as the preferred blockchain for stablecoin settlements, decentralized finance (DeFi), and tokenized assets. VanEck CEO Jan van Eck even called ETH “the Wall Street token,” citing its programmable smart contracts and staking yields that set it apart from Bitcoin’s passive “digital gold” narrative. Data shows that over 19 public companies now hold 2.7 million ETH in their treasuries, leveraging staking for steady income. Similarly, investment advisers hold $1.3 billion in Ether ETF exposure, with Goldman Sachs accounting for more than half the amount. The GENIUS Act stablecoin legislation, passed earlier this year, has further boosted institutional confidence by cementing Ethereum’s role in regulated financial systems. Ethereum Price Predictions: $6K–$12K Targets Analysts are increasingly bullish on Ethereum’s projections. Short-term targets point to a breakout above $5,200 and potentially $6,000 in September, with some projections extending as high as $12,000 by year-end. This optimism stems from Ethereum’s dominance in stablecoin infrastructure (over $145 billion), strong ETF flows, and improving technical setups. Historically, Ethereum rallies have coincided with altcoin seasons, but experts caution that the broader market has yet to show signs of overheating. With ETH currently trading around $4,620, analysts note that holding above $4,500 support could be the launchpad for the next major leg higher. As traditional finance merges deeper into decentralized ecosystems, Ethereum’s yield generation, programmability, and regulatory clarity positions it as the perfect asset to surpass Bitcoin in institutional adoption. Cover image from ChatGPT, ETHUSD on Tradingview

Ethereum price started a fresh decline from the $4,700 zone. ETH is now showing bearish signs and might gain bearish momentum if it declines below $4,400. Ethereum is still struggling to settle above the $4,630 zone. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses and dive if there is a close below $4,400 in the near term. Ethereum Price Dips Again Ethereum price started a recovery wave after it tested the $4,320 zone, like Bitcoin. ETH price was able to climb above the $4,400 and $4,450 resistance levels. The price surpassed the 23.6% Fib retracement level of the key decline from the $4,955 swing high to the $4,310 low. However, the bears remained active near the $4,630 resistance zone. There were two attempts, but the bulls failed to gain strength. The 50% Fib retracement level of the key decline from the $4,955 swing high to the $4,310 low is acting as a barrier. The price reacted to the downside below $4,600. Besides, there was a break below a bullish trend line with support at $4,550 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,550 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,550 level. The next key resistance is near the $4,600 level. The first major resistance is near the $4,630 level. A clear move above the $4,630 resistance might send the price toward the $4,720 resistance. An upside break above the $4,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,800 resistance zone or even $4,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $4,550 resistance, it could continue to move down. Initial support on the downside is near the $4,440 level. The first major support sits near the $4,400 zone. A clear move below the $4,400 support might push the price toward the $4,320 support. Any more losses might send the price toward the $4,250 support level in the near term. The next key support sits at $4,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,400 Major Resistance Level – $4,550

Bitcoin’s price remains under pressure after retreating from its record high above $124,000 earlier this month. At the time of writing, BTC is trading at $113,146, reflecting a decline of 8.7% from its recent peak, though it has recorded a modest 1.8% daily increase. The movement highlights ongoing volatility, as investors weigh both on-chain metrics and broader market sentiment to determine whether the bull cycle can regain strength. Analysts have pointed to a shift in behavior among large traders, particularly on Binance, the world’s largest exchange by volume. According to Arab Chain, a contributor to CryptoQuant’s QuickTake platform, the activity of whales, investors with large holdings, has played a significant role in recent corrections. His analysis of August trading activity suggests that weakened momentum and renewed selling pressure may explain the inability of Bitcoin to sustain its highs. Whale Activity on Binance Signals Weakening Momentum Arab Chain noted that throughout July, Bitcoin fluctuated between $118,000 and $122,000 in what he described as a “trendless” market, with low volatility and limited directional moves. During this period, inactive deltas, which measure the circulation of older coins, declined, suggesting whales had paused selling or temporarily exited the market. However, by mid-August, the trend reversed as inactive deltas surged, signaling that long-held coins were again being moved and potentially sold. This activity coincided with Bitcoin’s drop below $112,000, with the Delta indicator remaining near zero, an absence of clear buying pressure. Arab Chain explained that the lack of demand amid increased coin circulation typically results in corrections. “Large investors are selling again without a strong wave of new buyers emerging to balance the effect. This isn’t the end of the bullish cycle, but the momentum is starting to lose steam,” he said. He added that future price movements may depend on whether new catalysts, such as macroeconomic developments or institutional inflows, can reignite demand. Bitcoin Exchange Data Highlights Mixed Sentiment Another CryptoQuant analyst, TraderOasis, examined several metrics to provide further context. He observed that the Coinbase Premium Index, which compares trading activity between US exchanges and global platforms, showed accumulation even as prices fell. This suggests some investors, possibly institutions, were buying during the dip. However, he flagged caution given that the funding rate remained positive, a sign that traders were still leaning bullish even as prices declined, raising concerns about the risk of a liquidity reset. TraderOasis also pointed to open interest, or the number of outstanding derivatives contracts, as a key factor. He argued that open interest often acts as support or resistance relative to spot price. Currently, open interest sits above the market price, which could act as resistance unless broken. “If this level is broken, the price will continue to rise,” he noted. Together, these insights reveal a complex backdrop. While long-term adoption metrics and institutional buying remain supportive, short-term dynamics show cautious sentiment and potential for volatility. With whales selling, stablecoin inflows rising, and derivatives markets heating up, Bitcoin’s next move will likely depend on whether demand can reassert itself strongly enough to offset recent profit-taking. Featured image created with DALL-E, Chart from TradingView

Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $111,000 zone. Bitcoin started a recovery wave above the $109,550 zone. The price is trading below $112,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $112,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it breaks the $110,750 support zone. Bitcoin Price Dips Again Bitcoin price attempted a fresh recovery wave from the $108,734 low. BTC was able to climb above the $109,500 and $110,000 resistance levels. The price surpassed the 23.6% Fib retracement level of the key drop from the $117,355 swing high to the $110,734 low. The bulls even pushed the price above the $112,500 resistance zone. However, the price struggled to stay above the $113,000 resistance. It retreated from the 50% Fib level of the key drop from the $117,355 swing high to the $110,734 low. Besides, there was a break below a key bullish trend line with support at $112,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $112,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $112,400 level. The first key resistance is near the $113,000 level. The next resistance could be $113,500. A close above the $113,500 resistance might send the price further higher. In the stated case, the price could rise and test the $114,000 resistance level. Any more gains might send the price toward the $115,500 level. The main target could be $116,500. More Losses In BTC? If Bitcoin fails to rise above the $113,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,750 level. The first major support is near the $110,000 level. The next support is now near the $109,500 zone. Any more losses might send the price toward the $108,500 support in the near term. The main support sits at $106,500, below which BTC might decline sharply. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $110,750, followed by $109,500. Major Resistance Levels – $112,500 and $113,000.

Stellar (XLM) is fast approaching a major milestone as the network closes in on 10 million accounts, fueled by a surge of institutional adoption. Current figures show 9.69 million active wallets, with an impressive 5,000-6,000 new addresses joining daily. This growth reflects more than retail speculation as it signals meaningful enterprise adoption in payments, tokenized deposits, and cross-border transactions. Unlike different hyped assets, Stellar has quietly built its reputation as a trusted blockchain solution. The network’s focus on compliance and financial-grade use cases is drawing banks, fintech firms, and remittance providers. With over $150 million in total value locked and consistent wallet creation, Stellar is showing signs of steady, sustainable growth that could lay the groundwork for a major price rally. Why Institutions Are Going Big on Stellar Institutional money is playing a key role in Stellar’s momentum. From partnerships with MoneyGram and Circle to recent pilots with central banks and fintechs like VersaBank, XLM is becoming a practical tool for global finance. VersaBank, for example, has begun testing tokenized deposits (USDVB) on Stellar alongside Ethereum and Algorand, mirroring confidence in Stellar’s scalability and compliance. This steady inflow of enterprise adoption is critical. Unlike retail-driven spikes, institutional backing provides consistent liquidity and long-term confidence. Analysts suggest that the growth of network growth and enterprise demand could act as the spark for XLM’s next breakout, especially if it pushes past psychological resistance at $0.50. XLM Price Forecast: $0.48 to $0.57 in Sight Currently Stellar trades around $0.38, hovering near its key support levels. Technical indicators suggest the cryptocurrency is preparing for a bullish reversal. The Relative Strength Index (RSI) sits in neutral territory, while narrowing MACD patterns hint at fading bearish momentum. Analysts project short-term targets between $0.42 and $0.44, with a medium-term breakout toward $0.48–$0.57 by late September. If XLM clears resistance at $0.50, institutional demand could push the price higher, with some models pointing to the $0.60–$0.77 range as the next major battleground. However, failure to hold above $0.37 could expose Stellar to a deeper pullback toward $0.29. For now, the bullish case outweighs the bearish scenario, and with Stellar nearing 10 million accounts, many traders see this as a defining moment for XLM’s long-term trajectory. Cover image from ChatGPT, XLMUSD chart from Tradingview

The U.S. Department of Commerce has decided to anchor its official GDP numbers on public blockchains. Instead of only releasing the data through government websites, it now posts them on Bitcoin, Ethereum, Solana, and several other networks like TRON, Avalanche, Stellar, Polygon, and Optimism. The move gives the data a kind of digital permanence while making it accessible to anyone watching these chains. Data Is Locked In with Cryptographic Hashes The latest GDP update for July 2025 showed a 3.3 percent growth rate. Rather than uploading the entire document, the department published cryptographic hashes that prove the data hasn’t been tampered with. In some cases, the headline figure itself is also included. This lets anyone verify the integrity of the numbers using public infrastructure. Chainlink, Pyth, and Big Exchanges Join In The government isn’t doing this alone. Oracle services, such as Chainlink and Pyth, helped distribute the data across various networks. They also added other metrics, like the PCE Price Index and real final sales numbers. Major crypto exchanges, including Coinbase, Kraken, and Gemini, helped relay the data so it could be used in real applications, not just theory. DISCOVER: Best New Cryptocurrencies to Invest in 2025 It’s Symbolic, But It’s Also Functional Commerce Secretary Howard Lutnick said the idea was to make American economic data tamper-proof and globally visible. He also hinted at the political messaging behind the move, referencing Donald Trump’s growing involvement in crypto policy. It definitely feels like a flex, but it’s also a step toward making public data easier to check, even years down the line. BitcoinPriceMarket CapBTC$2.24T24h7d30d1yAll time Blockchain Isn’t Replacing Anything Yet This doesn’t mean official stats are moving entirely on-chain. You’ll still find them on the usual government websites. Think of this more as a public timestamp. If any dispute ever comes up about what the numbers were on a given day, there’s a permanent copy floating around that anyone can access. Could Lead to New Types of Tools and Assets Putting data like GDP growth directly on-chain could open the door for new types of tools. You could have dashboards that update automatically from blockchain records. Prediction markets that rely on official releases could be more secure. There’s even the potential to tie tokenized assets to real economic numbers, rather than relying only on market speculation. DISCOVER: 20+ Next Crypto to Explode in 2025 Still Early, but the Signal Is Clear Right now, this feels like a proof of concept. The Department says more blockchains and other agencies could join in. Whether it turns into a serious data system or just a headline move depends on how many developers and platforms decide to use it. But it’s clear that the U.S. is testing ways to connect traditional economics with the blockchain world, and that alone is worth paying attention to. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways The U.S. Department of Commerce is anchoring official GDP data on public blockchains like Bitcoin, Ethereum, and Solana. Instead of publishing full documents, the agency uses cryptographic hashes to prove the integrity of GDP figures such as July’s 3.3% growth. Chainlink, Pyth, and major exchanges like Coinbase and Kraken helped distribute the data and relay additional metrics across networks. This move adds transparency and permanence, but it doesn’t replace traditional releases—it complements them with public timestamps. The decision could lead to new blockchain-based tools, like real-time dashboards and prediction markets tied to verified economic data. The post U.S. Government Publishes GDP Data on Bitcoin, Ethereum, and Solana appeared first on 99Bitcoins.

Tether has confirmed that its USDT stablecoin, worth over 167 billion dollars, is finally launching natively on Bitcoin. This won’t be through a sidechain or wrapped version; instead, it’s happening directly through something called the RGB protocol. That gives Bitcoin a whole new role in the stablecoin world. RGB Lets Bitcoin Do More RGB is what makes this all possible. It keeps most of the data off-chain but locks in proof of ownership on Bitcoin itself. That way, the blockchain stays lightweight and fast while gaining some real flexibility. You’re still using Bitcoin at the core, but now it can carry extra functionality without changing the base layer. A Simple Wallet for Both Bitcoin and USDT This means one wallet can handle both Bitcoin and USDT. No need to jump between apps or networks. It also means better privacy, since the token activity doesn’t show up on the public ledger. And if Lightning is involved, payments could be nearly instant. That makes it much more realistic for everyday use. A Bridge from Ethereum Is Already Live Tether already has a working bridge that lets USDT move from Ethereum over to the RGB version on Bitcoin. It’s a smooth way to migrate without needing to build everything from scratch. That could be important for future cross-chain uses and for people who want stablecoins tied to Bitcoin rather than Ethereum. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in August2025 Why This Could Actually Matter Bitcoin has long been used more like digital gold, a store of value. With this move, it might finally find its place in everyday transactions. Having a stablecoin like USDT running natively gives Bitcoin a much stronger payment use case, especially for people who care about privacy and don’t want volatility. BitcoinPriceMarket CapBTC$2.24T24h7d30d1yAll time Tether’s Big Picture Tether’s CEO Paolo Ardoino said that Bitcoin needs a stablecoin that actually feels like it belongs there. That’s what RGB is supposed to bring. If this works, it could turn Bitcoin into something people don’t just save, but actually use day to day. That’s a big step for a network that’s mostly been used to hold value. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Now It’s a Question of Adoption Everything works in theory, but success depends on people actually using it. Wallet developers need to support RGB. Merchants need to be willing to take USDT for Bitcoin. And users need to trust that it’ll be easy enough to use. That’s what will decide whether this goes anywhere beyond early testing. Looking Ahead This might be one of the more meaningful updates Bitcoin has had in a while. It’s not flashy, but it could quietly change how people interact with the network. If USDT becomes easy to use natively on Bitcoin, we could be looking at a new chapter where Bitcoin becomes more than just an asset. It becomes part of everyday finance. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Tether is launching USDT natively on Bitcoin using the RGB protocol, avoiding wrapped tokens or sidechains. The RGB protocol keeps Bitcoin lightweight while enabling smart contract-like features with better privacy and speed. Users will be able to hold both Bitcoin and USDT in the same wallet, simplifying usage and improving daily practicality. An Ethereum-to-RGB bridge is already live, making it easier to migrate USDT to the Bitcoin network. The move could turn Bitcoin into a real payment tool, but adoption by wallets, merchants, and users will decide its success. The post Tether to Launch Native USDT on Bitcoin Using RGB Protocol appeared first on 99Bitcoins.

Although Ethereum (ETH) failed to break the $5,000 mark on August 24 – pulling back from a new all-time high (ATH) of $4,956 – the second-largest cryptocurrency by market cap may soon cross that milestone, driven by booming new contract activity. Ethereum New Contract Activity Booming – Will Price Follow? According to a CryptoQuant Quicktake post by contributor PelinayPA, a sharp rebound in Ethereum contracts could be seen in 2024 and 2025. This year specifically, new contracts surged dramatically as ETH price climbed beyond $4,500. The CryptoQuant contributor highlighted that during the 2016-17 market cycle, new contract activity remained relatively muted. Despite the subdued activity, ETH price entered a strong uptrend. On the contrary, following the 2018 bull run, ETH entered a price downtrend despite a rise in new contracts. ETH’s price reaction to a growth in new contracts showed that usage growth could not offset the bursting of the speculative bubble surrounding digital assets. Meanwhile, during the 2020-21 bull market, Ethereum contract creation spiked significantly, in-line with the decentralized finance (DeFi) and non-fungible tokens (NFT) boom. At the time, increased network activity served as a key catalyst in aiding ETH’s rally. Later – during the 2022 bear market – both contract number and ETH price dropped. The digital asset’s price and network activity was also adversely impacted due to dwindling developer interest and user demand during the market cycle. The aforementioned examples confirm that over the long-term, growth in contract creation shows rising confidence and adoption within Ethereum’s ecosystem. These factors play out positively for ETH’s price. That said, sudden surge in contract creation have not always directly resulted into price gains. This was evident from the price corrections observed during 2018 and 2021 cycles. What Does The Current Outlook Indicate? In her analysis, PelinayPA remarked that the latest surge in new Ethereum contracts signals renewed network activity, primarily driven by DeFi, NFT, and institutional adoption. If the trend sustains, it could fuel the next ETH bull run. As far as long-term effects are concerned, the analyst said that consistent growth in new contracts highlights Ethereum’s rapidly expanding real-world use-cases. This gives immense support to ETH’s price. However, hype-driven contract spikes can lead to short-lived price corrections. Recent predictions point toward further room for growth for Ethereum. For instance, Fundstrat co-founder Tom Lee forecasted that ETH may climb to $5,500 “in the next couple of weeks.” In the same vein, Standard Chartered’s digital assets research chief, Geoffrey Kendrick, noted that ETH could rise to $7,500 by the end of the year. At press time, ETH trades at $4,582, down 0.2% in the past 24 hours.

Marimaca Copper’s (TSX: MARI; ASX: MC2) definitive feasibility study (DFS) confirms the Chilean oxide project at the low end of capital intensity among South American copper builds. The DFS, released on Monday, outlines a 13-year, open-pit, heap-leach copper project near Antofagasta, northern Chile, producing copper cathode at an initial 50,000 tonnes per year. At a long-term copper price of $4.30 per lb., the study returns a post-tax net present value, at 8% discount, of $709 million and a 31% internal rate of return, with 2.5 years’ payback. Marimaca pegs pre-production capital at $587 million, implying capital intensity of about $11,700 per annual tonne of copper capacity. That is on the low-end of the global scale, according to Locke. On the recent three-month Comex average of $5.05 per lb., the post-tax NPV rises to $1.1 billion and the IRR to 39%. Given the IRR of 31% and capital intensity of about $11,700 per tonne of annual copper capacity, the project stacks up favourably against peers such as Los Andes Copper’s (TSXV: LA) Vizcachitas 2023 pre-feasibility study at roughly $13,300 per tonne and 24% IRR, and Capstone Copper’s (TSX: CS; ASX: CSC) Santo Domingo feasibility study at a capital intensity of about $21,900 per tonne. The project “is very financeable,” CEO Haydn Locke told The Northern Miner Tuesday, adding that he has “no doubt” it will be a mine. Marimaca is running the debt process “to ground now,” he said, with independent technical experts reviewing the study. “We’ve already gone out for expressions of interest and we were frankly inundated with responses,” he said. Marimaca shares trading in Toronto closed C$0.02 higher Tuesday at C$11.46. It has a market capitalization of C$1.2 billion. Finance package Locke proposed a capital structure that focuses on debt while avoiding over-leverage. He suggested having between $300 and $350 million in debt, with equity between $225 and $275 million. This setup would result in the project being about 60% levered against pre-production capital. The financing plan and schedule assume no major hiccups in permitting or the supply chain. Locke cautioned the DFS is “a snapshot in time” and said design and pricing will tighten through detailed engineering. “We’re not yet ready to build this project,” he said. “The objective really is we want to be in a position to start construction sometime during the course of 2026.” The company has a supportive shareholder register including Greenstone, Assore International and Mitsubishi. A map showing the location of Marimaca Copper. Credit: Marimaca Copper. Strong metrics The cost profile relies on low operating intensity. Cash operating costs average $1.45 per lb. over the first five steady-state years and $1.68 per lb. over the first 10 years, including ramp-up. The all-in sustaining cost is pegged at $1.97 per lb. over the first five steady-state years, $2.09 per lb. in steady state, and $2.12 per lb. for the first decade. The plan assumes that water and power come to the mine gate through build-own-operate-transfer contracts. This moves costs from upfront capital to operating expenses. Proven and probable reserves total 179 million tonnes grading 0.42% copper for 750,000 tonnes contained copper. The life-of-mine strip ratio is 0.8:1. Permitting Permitting is on a defined track, Locke underlined. Marimaca’s environmental submission is proceeding via Chile’s so-called DIA path. It’s used when a proponent shows the project has no material environmental or social impacts. The company answered the first round of questions in July and expects follow-ups limited to earlier issues. “We are now optimistic that we will have our environmental approval by the end of 2025,” Locke said. He adds that another six to nine months would then be needed for sectoral permits before full construction. DFS details The flowsheet is conventional: three-stage crushing to 12.5 mm, agglomeration and acid cure by mineral sub-domain, dynamic heap leach, and solvent extraction and electrowinning sized for 50,000 tonnes per year. A second stage debottleneck of the tertiary circuit and two more heap cells planned. Metallurgical test work spans seven stages with 4-metre columns and a solvent extraction pilot plant. Water is recycled seawater from the Bay of Mejillones via about 32-km of pipeline at 208 litres per second and one pump station. No operations camp is required given the site’s proximity to the town of Mejillones and city of Antofagasta. Acid kicker Sulphuric acid costs remain a key variable for a leach project. The DFS assumes $90 per tonne acid flat and leans on Cochilco’s outlook for easing Chilean market tightness from 2028. Marimaca is evaluating establishing its own sulphur burner in Mejillones and has an option to acquire a used acid plant in Chile for $2.5 million. The company’s analysis suggests self-supply could reduce delivered acid costs to well below $90 per tonne in most scenarios. Locke said the strategy is to lock down 50 – 60% of acid through own production and a local burner, with the balance under term contracts or spot. Paola Kovacic, Marimaca’s exploration manager, performs a nail test on high-grade black oxide. Credit: Henry Lazenby. Hub and spoke The district plan is to add satellite oxide feed and test for sulphides at depth. Marimaca is moving forward with a hub-and-spoke strategy centered on the Marimaca Oxide Deposit (MOD). Satellite deposits, like Pampa Medina and Madrugador, are ready as initial growth options. A 10,000-metre Pampa Medina drill program is in progress. Recent drilling at Pampa Medina supports that intent. A BMO Capital Markets note on Aug. 15 reported that hole SMRD-16 extended high-grade mineralization 300 meters west. It showed broad copper zones over 1% and several high-grade intervals at depth. “In our view, we see the opportunity for Pampa Medina to bolster mine life, and the potential to increase the scale of copper production at an integrated project,” mining analyst Rene Cartier said. For Locke, Marimaca presents a career-making opportunity. “It’s a great starting point,” he said. “I have set an objective to the team that we should be ready to build by Q3 of 2026.”

Top analyst Miles Deutscher says the crypto market’s apparent fatigue is being misread. In a new video titled “Why The Crypto Bull Run Is Far From Over (Data Says This Happens Next),” the commentator—who has more than 630,000 followers on X—argues that both macro and market-structure signals point to an extended cycle, with Ethereum poised to lead even if Bitcoin cools. Crypto Cycle Dead? Deutscher opens by cutting against a swelling narrative that Bitcoin “has potentially put in a top,” acknowledging that spot price action “objectively looks quite weak at the moment.” Yet, he stresses, “I don’t believe the cycle is over,” and lays out what he considers the telltale sign of a real top—one that he says has not materialized. On the shorter time frame, he notes BTC slipped below a channel low but is attempting to reclaim the mid-range, highlighting a near-term “bearish retest at the H4 money noodle.” He calls the $111.5k area a line in the sand, with a push and hold back above ~$114k needed to repair structure. For clarity, he describes his “noodle” as a custom moving-average style trend gauge: “just our custom indicator which is basically a moving average.” Where Bitcoin looks “a little bit toppy,” Deutscher says Ethereum’s daily structure “paints a very different picture.” ETH, he argues, is showing a classic compression beneath major resistance around its prior all-time high while “grinding above the money noodle,” a configuration he believes sets up “the next expansive leg to the upside” if the daily trend base is maintained. A central plank of his thesis is the cycle’s alignment with broader risk indicators. Reading from a post by trader Nik (@cointradernik), he underscores that several risk-on ratios look like they are bottoming, not topping—US micro caps versus small caps, emerging markets versus the FTSE 100, ARK-style growth versus gold—suggesting the business cycle is still advancing rather than rolling over. In that context, Deutscher contends it would be unusual for crypto to peak now unless it consciously decoupled from equities. He further frames a policy backdrop he sees as supportive, pointing to political rhetoric favorable to crypto assets and the prospect of rate cuts later this year; he characterizes the current market “jitteriness” as a function of timing uncertainty rather than a structural turn. He also revisits Bitcoin’s higher-time-frame rhythm since 2023 as a sequence of “rally-base-rally” phases with recurring retests of a weekly trend marker. In that pattern, he argues, even a drop toward ~$100,000 would be a textbook bull-market pullback, not a terminal break, especially given what he calls today’s comparatively modest extension above long-term averages versus 2021 and late-2024. “Anyone whose view is that Bitcoin has topped for the cycle here at $124,000 will be deeply disappointed in the relative shallowness of this correction,” he says, asserting that distance to key moving averages leaves less room for a deep retrace. The Altcoin Rotation The most controversial—and for crypto traders, arguably the most consequential—part of Deutscher’s analysis is historical altcoin rotation. He says prior cycles show that Ethereum often does its strongest work after Bitcoin tops. “In 2017 Bitcoin topped and traded 47% lower as Ethereum rallied 100% higher in the next 30 days,” he claims. “In 2021, Bitcoin topped [and] went 27% lower as ETH rallied…83% higher in the next 30 days.” While he is not declaring a BTC top now, he argues the crypto market is already exhibiting a “decoupling” in which ETH and other altcoins are grinding higher against BTC even as Bitcoin softens—proof, in his view, that “using Bitcoin as your ultimate bull-market indicator” for alts can be misleading when Ethereum’s structure is this strong. That view informs his positioning. Rather than longing Bitcoin at support, he says he’s increasingly using BTC dips as “confluence to take a trade on Ethereum because I think Ethereum outperforms from here on out.” On camera, he disclosed a growing ETH long in a public “fun trading account,” while emphasizing that “most people would be better off sticking mostly to spot” and that any use of leverage should be small, deliberate and within strict risk parameters. “There were many times where I’ve screwed up by being over-leveraged,” he cautions. Beyond trade setup and crypto cycle theory, Deutscher returns to his original premise: a genuine cycle top generally coincides with a topping business cycle, deteriorating breadth in risk assets, and blow-off dynamics he says are absent today. Summarizing his stance, he concludes that neither Bitcoin nor altcoins have topped “due to where we are in the business cycle,” and even if BTC does mark a high sooner than he expects, “I wouldn’t necessarily take that as the ultimate bear signal for ETH and alts.” At press time, BTC traded at $113,028.

CryptoQuant’s Bitcoin Bull Score Index has dropped to a value of 20, hinting that a potential bearish transition could have occurred for the asset. Bitcoin Bull Score Index Is Now In “Extra Bearish” Territory In a new post on X, CryptoQuant community analyst Maartunn has shared how the analytics firm’s “Bull Score Index” has changed for Bitcoin after its recent price drawdown. The Bull Score Index is an indicator that tells us about the market phase the cryptocurrency is currently going through. It determines this by referring to a bunch of key on-chain metrics. Below is a chart that shows the trend in the indicator over the past year. As is visible in the graph, Bitcoin entered into the “bullish cooldown” phase at the start of August. This signal interestingly persisted even when its price set a new all-time high (ATH) later in the month, a potential sign that the breakout was always gonna be short-lived. In the market downturn that has followed this peak, the Bull Score Index first dipped into the “getting bearish” zone, and now, it has plunged right into “extra bearish” levels. “This is something to take serious,” notes Maartunn. Here is another chart, this one breaking down the individual signals contributing to the Bull Score Index’s value: As displayed in the graph, almost all of the indicators are giving a bearish signal at the moment. Perhaps the most popular metric on the list is the “Market Value to Realized Value (MVRV) Z-Score,” which relates to investor profitability. It would appear the current market conditions are bad enough to force it to turn red. Last time the MVRV Z-Score and Bull Score Index turned bearish was back in February of this year. What followed the signal was an extended phase of negative price action for Bitcoin. Given that the Bull Score Index is once again giving an extra bearish indication for the cryptocurrency, it remains to be seen whether its price will now see another transition. Replying to Maartunn’s post, analyst Ali Martinez has agreed with the caution and shared another signal that could point to a similar outcome for Bitcoin. The indicator cited by Martinez is the net position change of the 90-day exponential moving average (EMA) Bitcoin Supply In Profit. From the chart, it’s apparent that the metric has turned negative recently, which is something that also happened before the bearish market phase earlier in the year. BTC Price While on-chain metrics may be pointing at a bearish conclusion for Bitcoin, its price has made a recovery to $113,000 for now.

Tether minted 1 billion in USDT on Wednesday, a move that market watchers say added fresh liquidity to crypto markets already moving higher. Based on reports, the total crypto market cap bounced from an intraday low near $3.80 trillion to about $3.90 trillion on the same day, while Bitcoin traded around $112,300 and Ether reclaimed levels near $4,600. The minting stood out because it often signals ready cash that can be deployed quickly into exchanges and trading desks. Tether Minting Sparks Liquidity Flows New USDT issuance is frequently used to fund purchases, and the 1 billion issuance was flagged by on-chain trackers as a likely source of fresh buying power. Santiment and other trackers show that the number of addresses holding at least 1,000 BTC rose by 13 to about 2,085 since the start of August. At the same time, wallets holding at least 10,000 ETH increased by 48 to roughly 1,27. On August 26, US spot ether ETFs recorded about $450 million in net cash inflow, led by BlackRock’s ETHE with roughly $320 million that day. That pushed cumulative inflows into spot ether ETFs to near $13.30 billion, while US spot Bitcoin ETFs took in about $88 million with BlackRock’s IBIT posting roughly $45 million. The freshly minted USDT could be used by traders and desks to buy into Ether and other altcoins, matching the observable rotation from Bitcoin into alternative assets and ETF-linked demand. Whale Accumulation Intensifies Large holders were not the only sign of demand. Trading volumes and price moves showed altcoins gaining traction, but it was the flow of stablecoins that underpinned the story. When stablecoin supply rises, it lowers the friction for big buys: money can be moved to exchanges and executed faster than waiting for bank transfers. That operational detail helps explain why a billion mint draws attention even when headline prices are already climbing. The immediate effect of the mint was to give traders extra readily available cash. But liquidity injections are a two-sided event. They can push prices higher if buyers are aggressive, while concentrated buying and later profit-taking can cause sharp swings. What Tether Minting Could Mean For Markets Market observers are watching liquidity, whale wallets, and ETF flows together because the mix determines whether a sustained capital rotation into altcoins will follow or if gains will be short lived. Tether’s 1 billion USDT mint was the clearest single signal of added spending power during Wednesday’s rebound. That supply, paired with heavy inflows into Ether ETFs and signs of whale accumulation, creates a setup where altcoin demand can grow quickly. Featured image from Meta, chart from TradingView

Shiba Inu (SHIB) is experiencing renewed interest after fresh data revealed a massive 300% spike in on-chain activity. The meme coin recorded one of its most significant surges in transaction volume in months, indicating a possible sign of the market bottoming as large holders seemingly prepare for the next leg. Shiba Inu Sees Explosive On-Chain Growth Shiba Inu’s on-chain activity has erupted in recent days, with token transfer volumes recording a major increase. According to Etherscan’s data, on August 25, SHIB’s transfer volume surged over 4.25 trillion tokens, representing a 300% increase from the 1.13 trillion recorded the previous day. This sudden rise highlights renewed liquidity flows and investor participation, possibly signaling that Shiba Inu may be gearing up for a market bottom. Interestingly, despite the dramatic surge in volume, transaction counts did not follow the same upward trend. Data shows that while August 24 saw 5,478 transfers, the number slightly declined to 5,355 on August 25, marking a drop of 123 transactions. This disparity suggests that the spike in Shiba Inu’s on-chain volume was not driven by a higher number of transfers, but rather by larger transaction sizes, indicating renewed whale activity or significant reallocations within the ecosystem. As of August 27, SHIB’s transfer volume slightly cooled to 3.26 trillion tokens, with transaction counts dropping significantly to 4,811. Despite this reduction, the metric still reflects a strong level of on-chain engagement compared to prior weeks. With the Shiba Inu price currently consolidating around the $0.000012 range, the recent surge in transfer volume may suggest that the market is finding its floor before the next expansion phase. Analyst Says SHIB’s Consolidation May Be Ending A new chart analysis by crypto market expert Kamran Asghar has added a fresh layer of optimism for Shiba Inu holders. Sharing his insights on X social media, Asghar hinted at the possibility that SHIB’s long-term consolidation may be coming to an end. The analyst noted that Shiba Inu’s accumulation pattern is strikingly similar to those of previous consolidation phases that preceded massive price rallies. The accompanying chart shows three distinct accumulation zones in the meme coin’s history. The first occurred before its 1,154.2% rally in late 2021, while the second phase led to a 501.23% surge in early 2024. Now, Shiba Inu is trading within an extended accumulation zone again, and Asghar suggests this could be the setup for another explosive move. If the current pattern holds, the analyst predicts that the next breakout could see the meme coin’s price skyrocket toward $0.00009, marking a new all-time high. As of writing, Shibua Inu is trading at $0.0000126, meaning a rally to this projected target would represent a significant increase of approximately 614%.