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Most Read: EUR/USD Reclaims 1.1600 as DXY Retreats, Key Economic Data Ahead Real gross domestic product (GDP) increased at an annual rate of 3.3 percent (0.8 percent at a quarterly rate) in the second quarter of 2025 (April, May, and June), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent. Source: US Bureau of Economic Analysis The economy grew in the second quarter, mainly because the country imported fewer goods and services, and people spent more money. However, this growth was limited by businesses investing less and the country exporting less. The initial estimate of economic growth was later corrected to be a bit higher. This correction happened because it was found that businesses invested more and people spent more than first thought, but this was partly canceled out by the government spending less and the country importing more than initially estimated. Compared to the first quarter, the second quarter's growth was a result of a sharp drop in imports and faster consumer spending, which were partly countered by a decrease in investment. A key measure of private-sector activity, which adds up what consumers and businesses spent, grew by 1.9 percent, which was a significant upward correction from the earlier number. Prices for goods and services bought in the country went up by 1.8 percent, which was a slightly smaller increase than first thought. The prices that consumers paid went up by 2.0 percent, also a bit less than first estimated. When you remove volatile food and energy costs, consumer prices went up by 2.5 percent, which was the same as the first estimate. Source: US Bureau of Economic Analysis Market Reaction - US Dollar The US Dollar Index seemed largely unfazed by the data release as it continued its decline once the data was released. The index is now within touching distance of the recent swing low which is a key area of support resting at 97.70. A break and candle close below this support level could open up the door for a retest of the Year-to-date lows around 96.37 and may be worth monitoring. Gold (XAU/USD) Analysis Gold prices continued their rise today as the precious metal peaked back above the $3400/oz level. The previous bullish pennant breakout played out to perfection. The question now will be whether the precious metal can gain acceptance above the $3400/oz before making a run toward the all-time highs. If it does there is a key level in and around the $3430-$3440 with a candle close above this handle seen as clearing a path for a retest of the ATH at $3500/oz. There is a golden cross pattern developing on the four-hour as the 50-day MA eyes across above the 100-day MA. While this is a lagging signal it still shows that momentum may currently be favoring a bullish move. Gold (XAU/USD) Four-Hour Chart, August 27, 2025 Source:TradingView.com Client Sentiment Data - Gold Looking at OANDA client sentiment data and market participants are Long on XAU/USD with 51% of traders net-long. I prefer to take a contrarian view toward crowd sentiment, however the reading of 51% net-long shows the indecision and concern by market participants that Gold can hold above the $3400/oz handle. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda 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.

Equinox Gold (TSX, NYSE-A: EQX) has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected next month. “I am pleased to announce that our Valentine gold mine has begun processing ore through its 2.5-million-tonne-per-annum facility,” chief executive officer Darren Hallsaid on Thursday. The Vancouver-based miner expects to ramp-up to nameplate capacity in the second quarter of 2026. At that point, Valentine is projected to produce 175,000 to 200,000 ounces of gold annually for the first 12 years of its 14-year reserve life. When fully operational, Valentine will be the largest gold mine in Atlantic Canada and a major economic driver for Newfoundland and Labrador. It marks the second mine Equinox has brought online, following the start-up of its Greenstone project in Ontario, which entered commercial production in November 2024. Equinox gained control of Valentine through its recent acquisition of Calibre Mining. Valentine hosts proven and probable reserves of 2.7 million ounces grading 1.62 g/t gold. It also contains 1.3 million ounces in measured and indicated resources grading 1.45 g/t, along with an Inferred resource of 1.1 million ounces grading 1.65 g/t. Equinox says the project could anchor a new gold district in central Newfoundland. New blood To support the transition at Greenstone, Equinox is expanding its leadership team. Bryan Wilson will join as vice-president of operations on September 3, bringing more than 37 years of open-pit and underground mining experience. Roger Souckey has been appointed director of external relations, while Daniella Dimitrov will take on the role of executive vice-president of sustainability, people and strategy. Dimitrov, who has more than 25 years of experience in strategy, finance and governance, is expected to strengthen the company’s push to become a top-tier gold producer anchored by long-life Canadian mines. Hall said Equinox is entering “a pivotal phase of growth,” with both Valentine and Greenstone set to drive a sharp increase in production and cash flow in the year ahead.

Markets just received the report for the much-anticipated Core PCE, which came exactly as expected – The month-over-month Core release came at 0.3 % vs 0.3% expectations. All data components are once again exactly as expected, Core PCE is calculated from already released data, so not surprising to get accurate expectations. This brings the y/y total to 2.6% for the headline and 2.9% for the Core. Canada released their own GDP data which came at -0.1%, a miss on the already weak 0.1% m/m expectations. Annualized, the Canadian GDP is at -1.6%! Canada is still awaiting for a proper relaunch of their slowing economy, and the Loonie that was strenghtening these past few days is giving up some of this strength. Canadian PM Carney and US President Trump are however getting back to better ground. Let's see how it plays out for the two North-American neighbors. Spot live reactions to the Dollar Index and USDCAD just below Read More: EURUSD rangebound in the waiting for further news – breakout levelsDollar Index 30m Chart – Rising but the report didn't change much Dollar Index 30m Chart, August 29, 2025 – Source: TradingView The Dollar is rising slowly but will be stepping against the 30m 200-MA around 98.17, still evolving in a range within the 98.00 handle. USDCAD 30m Chart USDCAD 30m Chart, August 29, 2025 – Source: TradingView The Loonie is losing some steam after the data. The pair is still evolving in a downward channel. You can access our latest analysis of the pair right here. Safe trades! 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.

Bitcoin is trading at a critical level after successfully holding above $110,000 as support, but market sentiment remains on edge. The recent defense of this zone has given bulls a temporary cushion, yet selling pressure is mounting as volatility continues to drive uncertainty. Some analysts warn that further declines may follow if buyers fail to regain momentum, putting Bitcoin’s resilience to the test. Top analyst Axel Adler highlights a key onchain signal that sheds light on the current market structure. According to Adler, Bitcoin’s Normalized Address Activity (NAA) dropped sharply from 60% — the level at which the $124,000 all-time high was formed — down to just 30%. This decline reflects a clear cooling in transactional intensity, with fewer coins moving on-chain. While this signals that short-term supply is weakening and immediate selling pressure has eased, it also raises questions about whether there is enough demand to fuel another rally. The balance between cooling activity and sustained support will be decisive. If Bitcoin holds $110K and demand reemerges, the market could stabilize. But if volatility keeps pressuring buyers, the risk of deeper corrections remains firmly on the table. Bitcoin Long-Term Seller Base Expands According to Adler, while Bitcoin’s short-term supply activity has cooled, long-term dynamics reveal a different story. The annual Normalized Address Activity (NAA) has climbed from 30% — recorded when Bitcoin was trading near $80,000 — to 40% today. This steady increase shows that more holders are willing to realize profits at higher levels, gradually broadening the seller base. For context, the peak of selling activity in this cycle occurred in September 2023, when the annual NAA hit 85% with Bitcoin priced around $37,000. That marked a period of heavy distribution at lower valuations. By contrast, the current phase reflects a more balanced environment, where selling pressure is elevated compared to earlier this year but still far below peak cycle extremes. Adler suggests this positioning indicates Bitcoin has entered a “mid-stage” phase of distribution, where profit-taking grows but the structural trend remains intact. Despite this, price action underscores hesitation. Bitcoin is holding above critical support at $110,000, but has so far failed to reclaim higher supply zones that would confirm bullish continuation. The market now sits at a crossroads, with speculation rising about the next major move. Whether buyers can overcome expanding long-term selling pressure will likely decide if Bitcoin stabilizes for another rally or faces a deeper corrective wave. Bulls Push To Test Key Levels Bitcoin is trading near $112,900 after a series of volatile swings that pushed the price down from recent highs above $123,000. The chart highlights how BTC has struggled to reclaim lost ground, with short-term momentum still capped by resistance levels. After defending the $110,000 zone, buyers are attempting a recovery, but the structure suggests that a more decisive move is needed to shift sentiment. Currently, BTC remains below the 50-day and 100-day moving averages, which hover between $113,000 and $115,000. These levels form the immediate barrier for bulls, and breaking above them would be crucial to altering momentum in favor of an upside push. A successful retest and hold of $115,000 could signal the start of renewed strength, setting the stage for another attempt at the $120,000–$123,000 resistance zone. On the downside, failure to break higher keeps BTC vulnerable. A rejection near current levels could open the door to another retest of $110,000 support, with deeper risks extending toward $108,000. Market sentiment remains cautious, and the next few sessions will likely determine whether Bitcoin can reclaim bullish momentum or remain stuck under pressure. For now, $115,000 stands as the critical line in the sand. Featured image from Dall-E, chart from TradingView

In a unique show of unity, 112 giants of the cryptocurrency world have issued a direct and uncompromising message to the US Senate: protect the people building the future of digital finance, or we will not support your landmark legislation. A coalition of 112 entities – including household names like Ripple, Coinbase, Kraken, and more – demands explicit protections for software developers and non-custodial service providers in the forthcoming crypto market structure bill. Notably, the coalition opposes the potential misapplication of age-old financial regulations to the new realities of blockchain technology. Submitted on 27 August 2025, the letter said, “As much-needed digital asset law develops in the United States, it is critical that legislation recognizes and preserves the historical protections afforded to open-source software development, and ensures that software developers and non-custodial service providers who create, support, and enable access to decentralized networks are not forced into unworkable regulatory categories designed for the traditional, intermediated financial world.” DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 “Absent legislation, the US will continue to cede software development ground due to regulatory uncertainty” According to the coalition, without the mentioned safeguards, the US risks not only stifling innovation but actively pushing its brightest minds and most promising projects to more welcoming shores. “To create an environment in which innovators across America can confidently and safely build financial infrastructure, the final version of market structure legislation must include explicit federal protections for blockchain infrastructure developers and non-custodial service providers,” the coalition said. Keeping in line with US President Donald Trump’s promises to the crypto, the letter pointed out that the President’s Working Group Report on Digital Assets recently stated, “reversing the decline of blockchain development in the United States is central to the goal of making America the crypto capital of the world.” DISCOVER: 20+ Next Crypto to Explode in 2025 Key Takeaways The letter explicitly states that for America to foster an environment where “innovators can confidently and safely build,” the final market structure bill must include federal protections for these developers. The letter builds on the foundation of previous legislative efforts, such as the CLARITY Act, which garnered significant bipartisan support for its pro-innovation stance. The post 112 Crypto Firms Call on US Senate to Protect Developers: Ripple, Coinbase, Kraken Make the List appeared first on 99Bitcoins.

The Japanese yen has edged higher on Thursday. In the European session, USD/JPY is trading at 146.99, down 0.27% on the day. Tokyo core CPI expected to fall to 2.5% Tokyo core CPI, a key gauge of underlying inflation, is expected to continue to decline. The indicator eased to 2.9% in July and the market estimate for August stands at 2.5%, which would mark a five-month low. The Tokyo inflation report comes on the heels of Japan's core CPI release, which declined to 3.1% in July from 3.3% a month earlier. Despite the slowdown, inflation remains well above the Bank of Japan's 2% target. The BoJ has stressed that it is on a path of normalization of monetary policy and plans to raise interest rates. However, the BoJ hasn't hiked rates since January and doesn't appear to be in any rush. One could make the argument that the central bank has been too slow to tighten policy, as headline inflation has been above the 2% target for over three years. Governor Ueda has repeatedly said that the Bank needs to see higher domestic demand and higher wage growth in order to be assured that inflation remains sustainable at around 2%. The BoJ meets next on September 19. US GDP expected to be revised upwards The US releases second-estimate (Preliminary) GDP later today. The first estimate indicated a strong gain of 3.0% in Q2, rebounding from -0.5% in the first quarter. The impressive bounce-back was driven by a sharp drop in imports and stronger consumer spending. The second estimate is expected to show an upward revision of 3.1%. USD/JPY Technical USD/JPY has pushed below support at 147.20 and 146.99. Below, there is support at 146.80The next resistance lines are 147.39 and 147.60 USDJPY 4-Hour Chart, Aug. 28, 2025 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.

Bitcoin heads into the final days of August with choppy, two-way trade and a familiar seasonal question hanging over it: will September once again be a drag—or a reset into Q4 strength? As of Wednesday, August 28, BTC hovers near $112,900 after a stop-start month that has bulls and bears circling the same range rather than breaking conviction. Macro expectations, market positioning and Bitcoin’s own statistical quirks now converge in a narrow window before the Federal Reserve’s September policy meeting, making the next few weeks unusually consequential. The Fed’s rate-setting FOMC convenes September 16–17, and futures markets currently price a high probability of a cut, though officials continue to emphasize data-dependence. Bitcoin’s September Seasonality Seasonality is the first prism through which traders are reading the tape. Daan Crypto Trades captured the prevailing mood on X, noting a “choppy August” and pointing to a historical oddity: “During BTC’s history it has never closed both August & September in the green.” He added a pragmatic caveat about why this matters at all: “Whether you believe in seasonality or not, the thing that matters is if a lot of others do. And if enough people do, it can work as a self-fulfilling prophecy.” Independent datasets support the caution around September. CoinGlass-based compilations show that across the past 12 years, September has delivered an average negative return for BTC of roughly 3.8%, making it the worst month on the calendar. By contrast, Q4—and especially October and November—has historically outperformed on average, a profile that helps explain why traders often look to buy late-Q3 weakness. However, there is a silver lining. Across Bitcoin’s history, September has closed in the green on four occasions—most notably in 2015 and 2016, and again in recent years. In 2023, BTC gained 3.9%, followed by a 7.3% rise in 2024. Anthony Pompliano offered a broader framing this week, starting with the simple, if stubborn, statistics: “September is actually the only month of the year that historically is negative.” He attributes the late-summer doldrums in part to investor behavior—“Everyone is on vacation… not in front of their screens”—and in part to unresolved macro questions from traditional finance. “There’s a lot of uncertainty still,” he said, even as “Jerome Powell has come out and said that he’s going to likely cut rates in September.” While markets have swiftly moved to price that outcome after the Jackson Hole speech, Fed officials have been careful to say the decision remains data-driven; major brokerages nonetheless shifted their base cases to a September cut following Powell’s labor-market warnings. Pompliano’s second theme is about the path higher. A straight line from last November’s ~$69,000 to six-figure prices, he argued, would risk a “very big dump on the other side.” Instead, the market “wants… some sort of correction and resetting,” flushing leverage and “setting a foundation of the price.” He sketched a broad consolidation band—“call it $125,00 to maybe $110,000”—before buyers return. That sequencing rhymes with the way many systematic funds and discretionary crypto desks treat September: as a month to reduce risk into thin liquidity, then rebuild as Q4 flows approach. It also resonates with Daan Crypto Trades’ tactical lens: “Probably any larger dip in the next 1–2 weeks is the one to bid for the EOY bounce/rally to new all time highs in my opinion. We will see.” All Eyes On The Fed Macro timing could be the deciding factor. The FOMC’s September 16–17 meeting is now the key waypoint, with rate futures implying an ~85–90% chance of a cut and some odds of a second move by year-end. Chair Powell signaled at Jackson Hole that labor-market risks have risen even as inflation risks linger, a balance that has pushed several Wall Street houses to bring forward their easing timelines. At the same time, senior Fed officials have stressed that every meeting is “live” and contingent on incoming data—an important caveat for risk assets that have already leaned into the dovish narrative. If a cut materializes, the question for BTC will be whether it validates the existing bid or merely meets expectations and fades. This week’s immediate focus will fall on Friday’s release of the Personal Consumption Expenditures (PCE) price index—the Federal Reserve’s preferred gauge of inflation. The July PCE data will be published on August 29, providing policymakers and markets alike with a crucial read on both headline and core consumer price pressures. From there, attention will pivot to the next major cluster of inflation releases landing just days before the September FOMC. On Thursday, September 11, the Bureau of Labor Statistics will publish the Consumer Price Index (CPI) and the Producer Price Index (PPI) for August. These will represent the final inflation checkpoints before the Fed convenes on September 16–17, meaning they could decisively shape the tone of the meeting. At press time, BTC traded at $113,049.

Mineral Resources (ASX: MIN) has plunged to a A$904 million ($588 million) annual loss, reversing a A$125 million ($114 million) profit the year before, as the debt-heavy iron ore and lithium producer struggles to convince investors it has a clear succession plan. The Australian miner stumbled through a bruising year of governance scandals in 2024, capped by a corporate probe into managing director Chris Ellison’s business dealings. While shareholders seemed satisfied when Ellison agreed in November to step down within 12 to 18 months, many are now impatient with the lack of visible progress on finding a successor. In a letter to shareholders, new chairman Malcolm Bundey acknowledged the uncertainty. “The challenges and disappointments of the past year are clear. I acknowledge the negative headlines, regulatory scrutiny and the erosion of confidence. Our response is now driving meaningful change,” Bundey wrote. Shares closed down 1.55% on Thursday at A$36.87 in Sydney, but remain up 6.2% year-to-date, giving MinRes a market value of nearly A$7.3 billion ($4.7 billion). The investigation into Ellison found he had held an interest in Far East Equipment Holdings, a British Virgin Islands company that sold equipment to Crushing Services International before its 2006 acquisition by MinRes. The board also confirmed related-party benefits flowed to Ellison’s associates, including rent payments to entities he held interests in, rent relief for companies tied to his daughter, and indirect financial arrangements involving her. While Ellison disclosed these dealings, directors concluded he failed to appreciate the importance of transparency. Ellison, a New Zealand-born billionaire who left school at 15, has yet to set a firm departure date, and MinRes has given no indication it is actively searching for his replacement. Bundey’s comments suggested Ellison’s exit remains on track, though they left investors waiting for clarity. “I appreciate that shareholders are looking for clarity on succession planning for … Chris Ellison. My focus as chair is on ensuring that Chris’ succession is robust and carefully planned,” he wrote. Lithium price collapse Beyond the leadership question, MinRes has been hit hard by a lithium price collapse that has forced writedowns and tighter cost controls. Prices have fallen 86% from their 2022 peak, though they have edged higher in recent weeks after a major Chinese mine shut down. “We got the lithium price wrong, and our earnings and net debt levels have been greatly impacted,” Ellison conceded. “Our focus of late has been on cost and performance to ensure the business is set up through the cycle.” Signs of recovery may be emerging. UBS Group AG this week lifted its spodumene price forecast by up to 32%, citing expectations of broader supply disruptions in China. It also raised its target for IGO shares by 20%. UBS now sees the lithium market “almost in deficit” by 2026, though it warned that idled capacity could return and unwind gains by 2027.

Google blockchain is here, and it’s looking to dominate the market. In a post on LinkedIn, Rich Widmann, head of Web3 strategy at Google, revealed new details about the Google Cloud Universal Ledger (GCUL). He described GCUL as the culmination of years of internal R&D to compete with other top cryptocurrencies. It is designed to be a credible neutral infrastructure with support for Python-based smart contracts. “Any financial institution can build with GCUL,” Widmann said, noting that while Tether won’t use Circle’s blockchain, Google is positioning itself as the neutral layer that removes those barriers. DISCOVER: Top 20 Crypto to Buy in 2025 Is Google Building a “Planet-Scale” Blockchain? Should You Invest in Alphabet Stock? (GOOGL) The blockchain wars among fintech giants are heating up. Stripe is building Tempo, a payments-centric chain tied to its $1.4 trillion processing rails, while Circle has launched Arc, designed around its USDC stablecoin. Google’s pitch is different: rather than locking adoption to a single corporate ecosystem, GCUL is meant to be shared plumbing—much like Ethereum or Polkadot—and a ledger financial institutions can adopt without being tied to a competitor’s core business. (X) That positioning could be key to adoption, particularly if banks, fintechs, and payment providers are unwilling to rely on rivals’ blockchains. According to Widmann’s post, GCUL aims to be “planet-scale,” supporting billions of users and bank-grade functionality. Stripe’s Tempo: focused on merchant flows. Circle’s Arc: stablecoin-native chain with FX and settlement tools. Google’s GCUL: open infrastructure with Python smart contracts and institutional-grade tokenization. If Google is able to capture even a portion of Web3, that’s $4Tn market that they can play with. Maybe it’s time to load up on Alphabet stock? The timeline also matters. Circle’s Arc is already in the pilot stage, Stripe plans a 2026 rollout, while GCUL is now in integration testing with broader trials in 2026. DISCOVER: 20+ Next Crypto to Explode in 2025 Here’s What Comes Next for GCUL (DeFiLama) Stablecoins remain above $200 billion, underscoring the demand for trusted settlement rails. Layer-1 DeFi activity has grown 35% YoY, even amid broader market volatility. If GCUL can position itself as a neutral base for these flows, it could capture a meaningful share of tokenization and settlement volumes. Google plans to release technical details “in the coming months” as it works toward a full-scale rollout with CME and other partners. The big question is whether institutions will embrace Google’s claim of neutrality or if reliance on a tech giant will simply replace one form of centralization with another. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Google blockchain is here, and it’s looking to dominate the market. Rich Widmann, head of Web3 strategy at Google, revealed new details. If Google is able to capture even a portion of Web3, that’s $4T market that they can play with. Maybe it’s time to load up on Alphabet stock? The post Now That Google Blockchain is Here, Should You Invest in Alphabet Stock? appeared first on 99Bitcoins.

In a surprising move, Trump Media and Technology Group Inc. and Crypto.com announced a landmark partnership. The new joint venture will be the ‘first and largest publicly traded CRO treasury company,’ with a value of at least $6.42B. The new company will trade under the ticker MCGA, which stands for ‘Make CRO Great Again.’ As part of the deal, Trump Media will purchase approximately $105M worth of Cronos ($CRO), the native token of the Cronos Chain. In turn, Crypto.com will buy $50M of Trump Media stock. The new company plans to acquire 6.3B tokens right away, which is a huge 19% of the total supply. An affiliate of Yorkville will also support the venture with an additional $5B equity line of credit. This unprecedented collaboration shows that major companies are starting to adopt digital assets as a core component of their financial strategy. It also bodes well for top altcoins (like Best Wallet Token) due to increased attention from retail and institutional investors The Market Reacts: $CRO Skyrockets The announcement sent waves through the market, and Cronos quickly benefited with an impressive 135%, soaring from about $0.16 to a new yearly high of $0.376961. This shows that investors are excited about the partnership and its potential for $CRO’s future. Trump Media’s decision follows a previous announcement where the company declared its intent to buy $2B in Bitcoin. This is the same kind of forward thinking that has given rise to other innovative projects like Best Wallet Token ($BEST), SUBBD ($SUBBD), and Pudgy Penguins ($PENGU), all of which are carving out their own unique niches in this fast-moving space. 1. Unlock Your Web3 Potential with $BEST Step into the future of crypto with the Best Wallet Token ($BEST), the powerful engine behind the acclaimed Best Wallet platform. Best Wallet is a comprehensive Web3 crypto wallet designed to simplify and supercharge your crypto journey. Buy, sell and HODL crypto tokens on 6 major chains (including Ethereum, Bitcoin, and Solana), with future staking features, and market analytics. By holding $BEST, you gain instant access to premium features that give you a real edge. Enjoy reduced transaction fees across multiple blockchains (with plans to expand to over 60), maximizing your savings on every swap and trade. You can also stake your tokens for a 88% APY, which gives you passive rewards on top of potential price increases once the token goes live. But the real magic lies in its exclusive presale aggregator, which grants you early crypto presales before they hit major exchanges. This is your chance to get in on the next big thing, all from one secure, user-friendly, and non-custodial app. To find out more, check out our ‘What is Best Wallet Token ($BEST)?’ guide. Don’t just manage your assets, supercharge them with $BEST, which has raised over $15.2M. Buy yours now for $0.025545. Our Best Wallet price prediction also forecasts a $0.035215 price by year’s end, a 38% increase from current prices. 2. Experience the Creator Revolution with $SUBBD If you’re tired of traditional platforms taking a massive cut from creators, then get ready for a game-changer: SUBBD, powered by the $SUBBD Token. At its core, SUBBD merges advanced AI technology with blockchain tech, creating a decentralized creator economy that puts control back where it belongs, back in the hands of the artists. As the native token, $SUBBD enables direct, peer-to-peer payments that eliminate high third-party fees. But its utility goes far beyond simple transactions. As a holder, you unlock exclusive, token-gated content, behind-the-scenes access, and unique AI tools that empower creators and fans alike. Imagine using AI to generate personalized content or communicate with your favorite influencers in a whole new way. $SUBBD makes it possible. With a growing ecosystem of over 2K creators and a combined audience of 250M followers already on board, the project has a proven concept and is poised for growth. It’s no surprise it made our list of the best altcoins to buy. Join the movement that redefines content creation and helps creators earn what they deserve. Get your $SUBBD for $0.056275 (but hurry, as a price increase is looming) and don’t miss the chance to get 20% staking rewards on a presale that has raised over $1M already. Here’s how to buy SUBBD Token! 3. Waddle into a New World with $PENGU The adorable, kawaii Pudgy Penguins have waddled off the Ethereum blockchain and into a new era with their official token, $PENGU. As the community and meme token for the entire Pudgy Penguins ecosystem, $PENGU offers a fun, vibrant way for millions of fans to get involved. It acts as a gateway to a world that spans digital collectibles, physical toys sold in retail stores like Walmart, and immersive gaming experiences like the upcoming ‘Pudgy Party.’ While the token currently serves as a meme and community asset, the team has outlined ambitious plans for its future utility, including as currency within the ‘Pudgy World’ virtual environment and for governance, giving holders a real say in the project’s direction. With a limited supply and strong community backing, $PENGU is a ticket to a brand that has successfully transcended the crypto space and is becoming a mainstream cultural phenomenon. Don’t miss your chance to join the huddle and be a part of this penguin-powered revolution. You can pick up your $PENGU for around $0.03058 from exchanges like Binance. Big Moves: Time for You To Plot Your Course The groundbreaking partnership between Trump Media and Crypto.com isn’t just a single story, but a clear continuation that major institutions are jumping into the crypto world. As these major players make their move, they pave the way for exciting new projects, like Best Wallet Token ($BEST), SUBBD ($SUBBD), and Pudgy Penguins ($PENGU). Each of these tokens shows a different part of this fast-moving market. With the crypto world changing so fast, opportunities are everywhere, but so are the risks. Remember, this isn’t financial advice, and before you invest in any project, you should do your own research.

Overview: After yesterday's setback in North America, the greenback remains under modest pressure today. It is lower against all the G10 currencies. The dollar also is softer against most emerging market currencies. The dollar was fixed at a new low for the year against the Chinese yuan. The yuan has a five-day advance in tow, the longest rally since last September. Today, the US raises $185 bln in bills and sells $44 bln seven-year notes. The US sees a possible slight upward revision in Q2 GDP (3.1% vs. 3.0%) and weekly jobless claims. Federal Reserve Governor Waller speaks after the markets closed. The large equity markets in the Asia Pacific region were mixed. The rally in mainland shares continues, but Hong Kong and the index of mainland companies that trade there fell. India, which was on holiday yesterday, when the new US tariffs went into effect, saw stocks comes under pressure today. Europe's Stoxx 600 eked out a 0.1% gain yesterday and is straddling unchanged levels today, waiting perhaps for directional cues from the US, where the index futures are also little changed. Benchmark 10-year yields played catch-up today after the rally in the US yesterday. European yields are mostly softer, though the survival of the Dutch government of a confidence vote has seen little reaction. While the French government is still on tenterhooks, the 10-year French yield is down the most in Europe today (~2.5 bp). The 10-year US Treasury yield is a little softer, slightly below 4.23%. Gold is firm around $3400, its best level in almost three weeks, while October WTI is softer in a roughly half-dollar range below $64. USD: After Fed Chair Powell's indication at the end of last week that the risk assessment may be shifting, and the dollar reversed lower to extend this month's pullback after the July bounce, the greenback looked poised to resume the H1 25 decline. Instead, the Dollar Index traded better in the first half of the week. It rose to almost 98.75 yesterday, but North American operators sold into the gains and sent the Dollar Index to a new session low near 98.15. Follow-through selling has seen in slip closer to 98.00 today. Yet it remains within the range set last Friday (~97.55-98.35). We note that the odds of a cut next month remain slightly higher than at the end of last week, and the two-year yield is around seven basis points lower. The 10-year yield is about three basis points softer compared with the end of last week. Today it is likely to see a small uptick in Q2 GDP, helped by an upward revision in consumption. Weekly jobless claims, pending home sales, and the KC Fed's manufacturing survey are due. Of note, eight Fed surveys have been published this month and they are split evenly between improvement and deterioration. Governor Waller, a dovish dissent last month, speaks late today on monetary policy. EURO: The euro fell to three-week lows yesterday, near $1.1575. This approached the (50%) retracement of this month’s gains, found slightly above $1.1565. In North America, it recovered and set new session highs after European markets closed. It reached almost $1.1650 and left a bullish hammer candlestick in its wake. Follow-through buying has been limited to $1.1655 today but given the intraday momentum indicators, a high for the session may not be in place. Meanwhile, the US two-year premium over Germany has tightened. Now, below 170 bp, is the smallest since March. We did not expect the downside correction to this month's gains after Powell spoke, but with another soft US jobs report next Friday, followed by annual benchmark revisions to nonfarm payrolls the following week, and the independence of the Federal Reserve still under attack, we are reluctant to abandon the constructive outlook for the euro. CNY: After approaching the low for the year yesterday, the dollar bounced back against the yuan. The greenback was bid toward CNH7.1655 after recording a low yesterday near CNH7.1455. Follow-through selling today sent the dollar to a new low for the year, slightly below CNH7.13. The PBOC has been setting the dollar's fix lower on a trend basis since April/May. For the second consecutive session, it was set a new low for the year today (CNY7.1063 vs. CNY7.1108 yesterday). Separately, mainland investors sold a record of HK20.4 bln of HK listed stocks today and apparently repatriated the helped lift the CSI 300 by almost 1.8%, while driving down the index of Chinese companies that trade in HK by 1.15%. JPY: The dollar rose to a three-day high near JPY148.20. It was the ninth time this month that it traded north of JPY148, but it was unable to settle above it, which it has done only twice. As the US rates fell 4-5 basis points from intrasession highs, the dollar fell to a new session low near JPY147.30. It has been sold to JPY147 today. The price action looks poor, but the greenback remains in the range set last Friday (~JPY146.60-JPY148.80). The intraday momentum indicators suggest that the lower end of last Friday's range will likely remain intact today. This week's Japanese macro data is concentrated tomorrow. Broadly speaking, the reports look soft. Retail sales may have pulled back after they rose by 0.9% in June (initially1.0%). Industrial output, which jumped 2.1% in June, also likely slowed. The most important data point, however, is the Tokyo CPI. The headline and core rates may have moderated for the third consecutive month. Net-net this month, the swaps market is little changed with 17-18 bp of tightening discounted before the end of the year. At the end of last week, the US 10-year premium over Japan fell to around 263 bp, a three-year low. It is hovering slightly below there now. GBP: Sterling was sold to a three-day low yesterday, almost $1.3415. The pre-weekend low, before Powell spoke was closer to $1.3390. It bounced back in North America and, although it took out Tuesday's high (~$1.3495), and settled above it. Its advance today stalled in front of $1.3520. The odds of another rate cut this year are near 40%, down from 100% that was discounted before the Bank of England met earlier this month. The implied year-end rate in the swaps market has risen by about 12 bp this month, while the 10-year yield is up about 18 bp. In contrast, the implied year-end rate in the US has fallen 22 bp this month, while the 10-year yield has fallen around 14 bp. CAD: The US dollar was sold to a seven-day low yesterday near CAD1.3780. It settled below the 20-day moving average (~CAD1.3810) for the first time in a month. Selling today pushed the greenback to new two-week lows today below CAD1.3770. Nearby support is seen around CAD1.3750 and then CAD1.3720. Canada reports the Q2 current account balance today ahead of tomorrow's Q2 GDP. Canada's current account deficit was as much as 3.6% of GDP in 2010 and has been improving since 2015 and has averaged less than 0.5% of GDP over the past four years. In Canadian dollar terms, it averaged C$3.5 bln a quarter last year and C$4.6 bln in 2023. The merchandise trade balance deteriorated sharply in Q2 (~C$19 bln deficit after an almost C$400 mln deficit in Q1 25). The risk is of a blowout deficit of around C$19.3 bln, according to the median projection in Bloomberg's survey. It would be the largest deficit in at least a decade. A much weaker report could impact expectations for tomorrow's GDP. Bloomberg continues to show two different median forecasts but the difference (-0.5% and -0.7%) may be inconsequential. AUD: The jump in Australia's July CPI (2.8% vs. 1.9% in June) did little to help the Australian dollar, which fell to a three-day low against the greenback (~$0.6465) before recovering smartly in North America. It rose to a new seven-day high near $0.6515. It settled above Tuesday's high to post an outside up day against the dollar. The (50%) retracement of the Aussie's losses since the year's high was recorded in late July (~$0.6625) is about $0.6520 and it has been met today. The next immediate target may be the trendline connecting the July and August highs is found closer to $0.6530. Expectations for the trajectory of Australian monetary policy did not change significantly. The futures market has a little more than a 25 bp cut discounted for the November RBA meeting. The implied year-end rate is virtually unchanged this week, near 3.25% (vs 3.60% current target rate). MXN: Mexico unexpectedly reported a small trade deficit for July, and it added to the pressure on the currency from the firmer greenback and heavier emerging market currencies. Exports rose by 5%, the largest increase since March, to reach a record high. Imports rose a little more than 6% last month, the first increase in three months, and were just shy of last October's record $57.3 bln. Mexico reports July unemployment today (expected to rise to 2.86% from 2.69%) but it tends not to have much impact on the market. The dollar rose above last Friday's high (~MXN18.7760) to approach MXN18.80, and as it found sellers broadly, it returned to the MXN18.65 area, where it consolidated in late dealings. It has slipped to almost MXN18.63 today. Monday's low was near MXN18.5530. The dollar posted similar price action against the Brazilian real. The greenback rose to a three-day high initially and tested the 20-day moving average around. BRL5.4555 before reversing. It was knocking on BRL5.4150 at the close. The year's low was set earlier this month near BRL5.38. Disclaimer

Bitcoin slid to levels not seen since early July this week, but some analysts say the drop may be only a short pause before a bigger year-end move. September has a long record of being the weakest month for BTC, and historically it has never closed more than 8% higher. That context is shaping how traders and researchers read the charts now. Expert’s Timing And Historic Averages According to research from network economist Timothy Peterson, there are four months until Christmas and history favors gains in that window. Peterson posted on X that Bitcoin has been higher over the same four-month span 70% of the time, and the average gain he calculated was +44%. Based on that average, Bitcoin would trade near $160,000 by the last week of 2025. Peterson also warned that the calculation is more of a guideline than a promise. He suggested excluding certain years—2018, 2022, 2020, and 2017—because those years did not match what he calls comparable market conditions, and removing them tilts the result toward steadier, more positive returns. Markets rarely follow neat averages. Even when a long-term pattern appears, short bursts of volatility still happen. Peterson’s note about excluding specific years acknowledges that reality. It is a reminder that averages smooth over big swings. Traders See Familiar Patterns Some traders on X described the current price behavior as a repeat of past seasonal moves. According to Trader Donny, Bitcoin is “front-running” the usual September lull and could move significantly higher afterward. He compared the present action to 2017 and suggested that BTC might be mirroring gold, catching up after a period of lag. That comparison to gold has been made before; it is a shorthand for assets that sometimes trade out of sync and then align again as macro forces change. For now, price action looks like a pause, not a breakdown. Outlook Through Year End Based on reports and the numbers involved, the coming months will be an important test of whether past four-month rallies repeat themselves. An average +44% move would be a big swing if it materializes, yet averages do not guarantee one outcome. For traders and investors, that means balancing the historical pattern with the real-time risks that have pushed BTC back to July levels. Featured image from Meta, chart from TradingView

This week Monero (XMR crypto) developers moved to calm fears of a potential 51% attack linked to the Qubic mining pool. Whether Qubic ever actually controlled a majority of XMR ▲0.31% hashrate is still unproven, but the claim alone was enough to jolt the community. “Qubic only showed what is possible,” said Joel Valenzuela, a Dash DAO core member. “Much better-funded and more determined actors could cause so much more chaos. It’s an ‘evolve or die’ moment.” The scare briefly knocked the XMR price down to $233 on August 16 before bouncing back above $250 along with the wider crypto market. Should you be worried? What Is the Full-Chain Membership Proofs (FCMP) Monero Upgrade? MoneroPriceMarket CapXMR$5.05B24h7d30d1yAll time Monero confirmed that its Full-Chain Membership Proofs (FCMP) upgrade is moving fast, with a testnet launch expected soon. FCMP is seen as a direct response to 51% attack fears and a leap forward for Monero’s privacy model. The upgrade promises two critical advances: Zero-knowledge proofs for verifying transactions without revealing amounts or identities. Performance gains, cutting cryptographic proof times for multi-input transactions from 5+ minutes to about 1 minute. (XMR) The Qubic scare reignited debate about Monero’s reliance on proof-of-work (PoW). Successful PoW coins ensure their security by cornering their mining niche. Bitcoin is the SHA-256 coin, and Ethereum is the GPU coin. The insane fees were essentially the requirement to maintain Ethereum as the primary GPU coin with a high security budget. DISCOVER: 20+ Next Crypto to Explode in 2025 Monero, on the other hand, secured the CPU niche but was not greedy enough to exploit it. The hash rate would have been way higher if it had been greedier with miner rewards. There would be more serious miners, and Qubic would be unable to do what it’s doing to this extent. Instead of shilling Bakecel circular economy, Monero should have gone with a better Swiss bank account narrative. (X) Some developers and community members are now pushing for a hybrid model, mixing PoW with other mechanisms. Luke Parker, Monero developer, has suggested exploring hybrid approaches. However, devs like Valenzuela are conflicted: “The community is probably split 50/50 on this issue.” DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Is a Hybrid Consensus Model the Future of XMR Crypto? Data Breakdown: The Economics of a 51% Attack Understanding why the Qubic event sparked alarms helps in examining the numbers. Proof-of-work comes with a built-in risk. Whoever captures 51% of the hashrate gains the power to rewrite the chain and create double-spends at will. Monero tried to guard against mining centralization by shifting to the CPU-friendly RandomX algorithm, cutting ASICs out of the picture. But the move has its downside: it makes it easier for an attacker to rent massive computing power or hijack botnets, which is far less feasible in Bitcoin’s ASIC-dominated landscape. The controversy around hybrid consensus reveals a larger struggle. Monero must decide whether to stick with proof-of-work purity or adopt new structures to withstand emerging risks better. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways This week Monero developers moved to calm fears of a potential 51% attack linked to the Qubic mining pool. Some developers and community members are now pushing for a hybrid model, mixing PoW with other mechanisms. The post Look Inside Monero’s FCMP Upgrade Plan to Recover From 51% Attack appeared first on 99Bitcoins.

The crypto market is shaking off the summer dip as altcoin season kicks back into play. Today’s headlines include Cronos, which has beenpumping since Trump’s Media announcement; Numeraire, too, which is going; and falling Dolomite DOLO crypto after Binance and Coinbase listing. Bitcoin dominance is dipping further to 58%, the Altcoin Season Index hovers at 59, and cash is rotating from BTC to altcoins. Ethereum is holding steady at $4,600 level with ETH ETF inflows recording 4X against Bitcoin’s last week. (Altcoin season index, source – CoinGlass) Analysts are pointing to Fed rate cut hints and China’s stimulus as market’s fuel. Institutional whales has been adding $2.2 billion into ETH, and are now controlling 9% of supply, while small-caps volumes lag. Is it bad? Likely not, it’s a perfect path to a classic early altseason run. DOLO crypto could be dropping, but Solana with Jupiter and Raydium dominate with fresh liquidity as memecoin heats up. SolanaPriceMarket CapSOL$115.28B24h7d30d1yAll time DISCOVER: Top Solana Meme Coins to Buy in 2025 Numeraire, DOLO, and Cronos Dominating Headlines Cronos stole the spotlight with a 56% jump in 24 hours, blasting to $0.35 on $2 billion crypto volume. As we know, Trump Media’s $6.4 billion crypto pivot has add another $1 billion into CRO chart. In addition to that, a $5 billion credit line for Truth Social integrations is pushing CRO up 141% weekly. (CRO/USD, source – TradingView) Numeraire is no slouch either; the crypto is rocketing by 74% to above $21 after JPMorgan’s $500 million bet on Numerai AI hedge fund. Assets under management doubled to a big $1 billion, with 784,000 NMR staked in data models. Numeraire could be the coin that restart AI crypto run. However, Dolomite DOLO is the odd one, tanking 15% to $0.26 despite Binance and Coinbase crypto listings. A whale was dumping 20 million DOLO crypto pre-launch, raising rug-pull eyebrows amid $116 million volume. Security exploits aslo drained $165K, hype and headaches for holders. (DOLO Crypto, source – GeckoTerminal) DePIN projects are also in the headlines after hitting $17.9 billion cap, while its stablecoins launch in Wyoming and Japan. Biotech firms eye crypto for funding, and Trump’s “American Bitcoin” tease will be debuting next month. BTC at $110,000 feels like the calm before alts explode, once dominance below 55%, the real fireworks will begin. BitcoinPriceMarket CapBTC$2.25T24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates There are no live updates available yet. Please check back soon! The post Crypto News Today, August 28 – Altcoin Season is Back: Cronos and Numeraire Still Going, DOLO Crypto Falling appeared first on 99Bitcoins.

Whilst the Bitcoin market has been rocked with downside in recent weeks, a Summer of explosive activity from Bitcoin treasuries, alongside rising hopes of a long-anticipated Fed rate cut are driving sustained demand for the top corn. But how realistic is a September Bitcoin ATH? Bitcoin BTC ▲1.77% hype remained high all throughout the summer. But how long can it be sustained? As long as the BTC USD price is moving up, it seems! Traders and investors are holding up hope to see rates cut in the US finally land in September. The chances for this happening are the highest they have ever been, despite recent turbulence from the Jackson Hole conference. This is a major potential catalyst for BTC USD price growth as it injects new liquidity into the markets in a huge risk-on signal. “BTC”Price“BTC”24h7d30d1yAll time Another liquidity injector is the latest World Liberty Financial launch – Trump’s family crypto company. Will those two events be enough to fulfill the hope of the September Bitcoin ATH? IncomeShark’s analysis is pretty simple and easy to understand – support is holding for now. Indeed, CT (crypto Twitter) has been quiet lately about Bitcoin, even a little scared. People get loud late, after significant moves. DISCOVER: Best New Cryptocurrencies to Invest in 2025 September Bitcoin ATH: What Are The Charts Saying? (BTCUSD) Starting our analysis with the Weekly timeframe, we see an FVG gap from early 2024 remain unfilled. From this Spring, 2025, we have another Weekly FVG that has not been filled yet. As history shows, some gaps get filled, and others don’t. The bullish scenario here is for this one to remain unfilled, especially considering the large liquidation event early this week, when $1bn+ was wiped off from people’s accounts. DISCOVER: 20+ Next Crypto to Explode in 2025 (BTCUSD) Continuing our analysis on the 1D chart, we can see the Bullish Engulfing candle that started July’s run. Afterwards, we have a wick up to $123,000 and on August 14th, a wick into $124,000, followed by a rejection and a large sell candle body. That is our Bearish Engulfing candle, which indicates sellers are in control. This week, the price bounced off the bullish order block. Let’s zoom in for more details. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Closing Thoughts on BTC USD: Bullish Or Bearish Price Action? (BTCUSD) On the lower timeframe – 4H – we can dissect BTC USD price action a bit more precise. The wick into $124,000 can be considered an SFP, followed by a break in market structure. A bounce off of the previous high formed a Bullish Engulfing candle, right into the bearish order block, which was a perfect short entry. Then, BTC price proceeded to deviate below support, collect liquidity from the bullish orderblock below, and reclaim support. That reclaim is actually really key—a rejection would’ve been worrisome for bulls. For now, within this timeframe, the price action is bullish. Chances for a September Bitcoin ATH are there. Bearish case: The SFP, hidden bearish divergence on the RSI, and Bearish Engulfing Candle on the 1D chart are factors to keep in mind. They could cause a deeper pullback. This is our bearish scenario, especially if a rate cut is already priced in or fails to materialize. Join The 99Bitcoins News Discord Here For The Latest Market Updates BTC Price Forecast: A Technical Look at Why a September ATH is Possible Key level to hold is $110,000 – $112,000 1D chart shows bearish factors, yet structure remains bullish Expect Price might be choppy around Monthly close Everyone is waiting for Rate Cut announcement The post Experts Explain How a September ATH is Possible For Bitcoin: BTC USD Price Analysis appeared first on 99Bitcoins.

After the Bitcoin price retracement, XRP seems to have entered into another bearish trend that has sent it below $3 once again. However, despite the correction, XRP has continued to hold major levels, unlike Bitcoin, which has gone on to make new local lows. This suggests that XRP is performing differently from Bitcoin and could see a rally despite the Bitcoin price remaining low during this time. Why XRP Price Holding Above $2.9 Is A Good Thing So far, despite falling below $3, the XRP price has continued to hold above $2.9, which is a major macro level for the XRP price. As crypto analyst CasiTrades explains in an X post, the XRP price has continued to hold its larger macro consolidation pattern, even testing the key trend line at $2.91. Amid the market downtrend, altcoins like XRP have also continued to show bullish divergences. This suggests that the decline may only be short-lived, and a rally could be in the future. There is also the subject of weakening momentum underneath this level, but the crypto analyst explains that this could mean that the XRP price could see a relief bounce soon. As long as the XRP price continues to trade inside of this current consolidation level, there is still the possibility that bulls can reclaim control of the altcoin. Since it is at the 0.618 Fibonacci level, the crypto analyst points out that this is the area of the ‘golden retrace’, a level that has been historically known to set the stage for a bullish continuation. At this point, XRP could be looking to continue a textbook Elliot Wave continuation of Wave 3. Unlike Wave 2, Wave 3 is a bullish wave that tends to send digital asset prices to new local peaks, and sometimes, new all-time highs. For now, the major level that the XRP price needs to hold lies at $2.9. Casi explains that as long as this level holds and remains a support block for the altcoin, then it could signal the start of a new bullish trend that could push the altcoin to brand-new all-time highs. The target for the continuation of the Wave 3 lies above $5.3, clearing the current all-time high of $3.8. This would also mean an over 80% increase from the current price.

Finally, Bitcoin’s price remains stable above $112K as altcoins Numeraire (NMR) and Treehouse (TREE) crypto post strong double-digit gains. But they are not the only ones. Several altcoins are showing strength despite the fear and greed index staying in a neutral range. Not to forget the explosion of CRO after Trump Media announced its investment plan. Could this be a sign that money is rotating toward altcoins? What could be the next crypto to explode? BitcoinPriceMarket CapBTC$2.25T24h7d30d1yAll time DISCOVER: Top 20 Crypto to Buy in 2025 NMR, TRE, and CRO Are Stealing the Spotlight Right Now – What Could Be the Next Crypto to Explode? Let’s talk about the winners of the past couple of days. Numeraire (NMR) has shown significant momentum in recent days. Launched in 2017, the AI-driven token surged more than 150% within 48 hours, breaking multi-week resistance levels and recording high trading activity across major exchanges. At press time, NMR is up 43% in 24 hours, trading at $21.36 and reversing months of weakness. While still down 33% year-to-date, it has gained 37% in the past week, placing it among the strongest performers. The sharp rise in NMR followed news that JPMorgan Asset Management invested in its decentralized hedge fund, securing $500 million in capacity. EXPLORE: Dolomite Crypto Soars After Binance Listing: Linked To Trump? Alongside NMR, CRO has also drawn attention. Trump Media & Technology Group confirmed a $105 million purchase of CRO tokens through a new partnership with Crypto.com. This treasury-style investment pushed CRO up 56% in the past 24 hours with $2 billion in trading volume, although the token remains 50% below its previous all-time high. Meanwhile, Upbit, South Korea’s largest crypto exchange, has listed Treehouse (TREE) with KRW, BTC, and USDT pairs. Treehouse is a decentralized fixed income protocol introducing tAssets, yield-optimized staking tokens, and Decentralized Offered Rates (DOR), a benchmark system unifying on-chain interest rates. The TREE token powers governance, staking, and rewards. TREE crypto is currently up 45%, trading at $0.45, but still 28% below the $0.65 peak reached after the listing announcement. Bitcoin continues to trade firmly above $113K, with ETF inflows supporting its resilience. The leading cryptocurrency holds a $2.21 trillion market capitalization and a daily trading volume of nearly $40 billion, signaling ongoing accumulation despite broader market uncertainty. Curious about the other big stories in crypto? Stay tuned to our real-time updates below. 23 minutes ago American Bitcoin, Owned by Donald Trump’s Sons, to Merge with Gryphon Digital Mining and Target Nasdaq Listing By Fatima American Bitcoin, a mining firm owned by two of former U.S. President Donald Trump’s sons, has secured support from both crypto and traditional investors to pursue an all-stock merger. The deal, set to be finalized soon, involves a merger with Gryphon Digital Mining (GRYP.O) and is expected to pave the way for a Nasdaq listing in early September. According to Asher Genoot, CEO of Hut 8 (HUT.O), which holds 80% of American Bitcoin, the move will position the company for broader market exposure and institutional investment. 2 hours ago Jupiter and Raydium Heat Up: Are Solana Meme Coins Set For a Hot September? By Fatima Jupiter and Raydium are stealing the spotlight as Solana meme coins heat up this September, with liquidity battling, new launches, and institutional money driving the crypto market into overdrive. Bitcoin is now seeing heavy capital rotation into smaller caps like Ethereum and Solana, a shift that could set the stage for the next big altcoin season. With meme coins already pumping and liquidity flowing into Solana, the stage looks set for a retail-driven frenzy through September. Is Bitcoin and institutions setting the stage for Altcoin season: What does Jupiter and Raydium say? Read The Full Article Here The post [LIVE] Crypto News Today, August 28 – Bitcoin Holds Above $112K as Treehouse (TREE) and Numeraire (NMR) Crypto Surge with Double-Digit Gains: Next Crypto To Explode? appeared first on 99Bitcoins.

Asia Market Wrap - China Chipmakers Rally Most Read: Nvidia releases earnings and getting ready for the monthly US GDP release – Market wrap for the North American session - August 27 Stock prices in Asia were unstable on Thursday due to worries about the future business of the major AI company, Nvidia, in China. These concerns hurt the Asian companies that supply parts to Nvidia, causing their stock prices to fall. At the same time, the situation was very good for Nvidia's competitors in China, whose stock prices jumped significantly. This mix of positive and negative news created a lot of uncertainty, leading the overall Asian market to finish the day slightly lower. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS swung between gains and losses, and was last down 0.4%. The Nikkei 225 was last up 0.7%. It was a great day for Nvidia's competitors in China, as their stock prices soared. SMIC saw its stock jump over 9%, while another rival, Cambricon Technologies, saw its stock climb more than 8%. The performance of these two companies was so strong that they single-handedly lifted a major index of Chinese tech stocks (STAR 50 Index) by 5%. There was also a report which stated that local Chinese companies plan to increase AI chip output next year. Bank of Japan official Nakagawa, confirmed that they will continue to raise interest rates as long as the economy grows as they expect. He emphasized that the bank is paying very close attention to a major business confidence survey scheduled for October 1st. The results of this survey will be crucial for understanding how recent trade negotiations have been affecting Japanese companies. European Open - NVIDIA Outlook Eases AI Slowdown Fears On Thursday morning, European stock markets went up, mostly because the major AI chip company, Nvidia, reported strong results, which eased investor worries about the AI industry. However, there is still some uncertainty about Nvidia's future business in China. The pan-European STOXX 600 .STOXX was up 0.3% at 556.53. This news led to mixed results for other European chip companies, as Nvidia's forecast, while still very good, wasn't as spectacular as some investors had hoped. Individual stocks such as ASML and BESI edged lower while ASM international rose around 1%. Overall, it was a positive start to the day for many European businesses, with the food delivery company Delivery Hero and the drinks maker Pernod Ricard seeing their stock prices rise 3.8% and 4% respectively after reporting good earnings. The French stock market also recovered some of its losses from earlier in the week with the CAC 40 index up 0.7%. The losses earlier this week had been caused by political instability in the country. On the FX front, the euro's value remained stable against the US dollar today at about $1.16. This follows a good period for the euro, which has been getting stronger for the last three weeks and is now up 2% for the month of August. Meanwhile, the US dollar was generally weaker against other currencies. This is because most traders now believe that US interest rates will be cut next month. As an example of the dollar's weakness, its value fell 0.2% against the Japanese yen with the pair trading around 147.13 at the time of writing. Currency Power Balance Source: OANDA Labs Oil prices saw a drop with Brent Crude down around 0.8% to trade at $67.49 per barrel. Gold prices continue to hold near yesterday's highs, trading around the $3395/oz handle at the time of writing. For more on Gold, read Gold (XAU/USD) Technical: Push up towards medium-term range resistance zone as Fed’s independence erodes Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will bring the ECB meeting minutes later in the session. Before that though, we will get a look at Euro Area consumer confidence data which will be interesting after yesterdays disappointing German consumer confidence data yesterday. The US session will however bring a flurry of data which includes jobless claims data and the highly anticipated US GDP QoQ 2nd estimates. The US economic growth (GDP) figure might be adjusted slightly higher than the original 3.0% estimate. Even if this news gives the US dollar a temporary boost, it probably won't last long. Later tonight, a key US Federal Reserve official, Christopher Waller, is scheduled to give a speech. He is already in favor of lowering interest rates, and he might sound even more supportive of that idea after the recent jobs report confirmed his worries that the job market is getting weaker. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE 100 From a technical standpoint, the FTSE 100 has completed the head and shoulder pattern and is eyeing a potential breakout. The period-14 RSI has also broken below the 50 neutral level, a sign that bearish momentum is now firmly in play. If the head and shoulder pattern finally gets a breakout, there is a possibility of a 110 point decline toward the 9120 area which would line up perfectly with the 200-day MA. (yellow line). Interesting inflection point for the FTSE 100 after multiple fresh all-time highs in the last few weeks. This sets the stage for a potential deeper retracement. FTSE Daily Chart, August 27. 2025 Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda 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.

This is a follow-up analysis and a timely update of our prior report, “Nasdaq 100 Technical: Potential bullish reversal at 50-day moving average” dated on 21 August 2025, considering the latest second-quarter earnings release of Nvidia, the Artificial Intelligence (AI) juggernaut and largest market-cap component stock of the Nasdaq 100. Since our last publication, the price actions of the US Nasdaq 100 CFD Index (a proxy of the Nasdaq 100 futures) have staged the expected bullish reversal, rallied by 2%, and hit the intermediate resistance zone of 23,580/660 as expected. Thereafter, the US Nasdaq 100 CFD Index has drifted in a sideways range of 1% since this Monday, 25 August, ahead of Nvidia earnings release scheduled after the close of Wednesday, 27 August’s US session. In today’s early Asian session, the Nasdaq 100 futures have shed an intraday loss of -0.2% in reaction to Nvidia’s after-hours share price negative performance of -3.1% after the release of its second-quarter earnings. Despite Nvidia’s lackluster ex-post earnings share price performance, the short to medium-term bullish trend phases of the US Nasdaq 100 CFD Index remain intact. Let’s decipher in greater detail. Nvidia tumbled -3% (after hours), but the bullish trend remains intact Fig. 1: Nvidia revenue by business segments with data centre y/y growth as of Q2 2025 (Source: MacroMicro) Fig. 2: Nvidia minor trend as of 28 Aug 2025 (Source: TradingView) The lacklustre after-hours share price performance of Nvidia has been attributed to its significant Artificial Intelligence (AI)- centric data centre revenue, which came in below expectations at US$41 billion, compared to analysts' expectations of US$41.3 billion. Year-on-year growth in data centre revenue has continued to decelerate, easing from a staggering 155% in Q2 2024 to 56% in Q2 2025. Despite the Q2 slowdown in data centre revenue growth, Nvidia has issued a positive outlook on its data centre business segment during the earnings call. It anticipates a US$3 to $4 trillion AI infrastructure spend by the end of the decade, presenting long-term growth opportunities. Also, Nvidia is on track to achieve over US$20 billion in sovereign AI revenue in 2025. In addition, Nvidia is preparing for the next generation of graphics processing units (GPUs) with the Rubin platform that is expected to ramp up in production in the latter part of 2025. Lastly, based on a technical analysis standpoint, the intra-session drop of -5.3% seen in Nvidia in the after-hours session upon the release of its Q2 earnings has managed to stall at its medium-term ascending channel support in place since 7 April 2025 low, and came close to its 50-day moving average (see Fig. 2). Positive technical indicators, combined with upbeat guidance from Nvidia’s data centre segment, are expected to support its share price, potentially creating a reinforcing effect on the broader Nasdaq 100. Fig. 3: US Nasdaq 100 CFD Index minor trend as of 28 Aug 2025 (Source: TradingView) Preferred trend bias (1-3 days) Maintain bullish bias on the US Nasdaq 100 CFD Index with tightened key short-term pivotal support now at 23,308. A clearance above 23,660 reinforces the new bullish impulsive sequence to retest the current all-time high area at 23,930 before the next intermediate resistance comes in at 24,090 (Fibonacci extension) (see Fig. 3). Key elements The price actions of the US Nasdaq 100 CFD Index have staged a bullish breakout and retested its former minor descending resistance, drawn from its current all-time high level of 23,986, now turns into an intermediate pull-back support at 23,450.The US Nasdaq 100 CFD Index has now traded back above its 20-day moving average.The hourly RSI momentum indicator of the US Nasdaq 100 CFD Index has staged a rebound after a test on its parallel ascending support, which suggests bullish momentum condition remains intact.Alternative trend bias (1 to 3 days) A break below the 23,308 key support negates the bullish tone on the US Nasdaq 100 CFD Index for another round of minor corrective decline to retest the intermediate support at 23,056, with a maximum limit set at the 22,960/22,945 key medium-term pivotal support (also the 50-day moving average). 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.

On-chain data from Santiment shows both Bitcoin and Ethereum whale address counts grew in August, signaling steady accumulation. Bitcoin & Ethereum Whales Have Seen Their Counts Go Up Recently In a new post on X, on-chain analytics firm Santiment has revealed how the whale populations have shifted on the Ethereum and Bitcoin blockchains recently. Whales refer to the key stakeholders of a cryptocurrency who hold amounts large enough that they can carry some degree of influence in the market. The exact scale of these investors is defined differently across networks. For BTC, whales are considered to be entities carrying more than 1,000 BTC (equivalent to $112 million at the current exchange rate), while for ETH, the threshold is 10,000 ETH ($46.4 million). Now, here is the chart shared by the analytics firm that shows how the total number of whale-sized wallets has changed on each of these networks over the past few months: As is visible in the above graph, the Bitcoin whales saw their count plummet back in July, implying a notable number of these investors exited from the market near the rally high. In August, the metric has made gradual recovery for the cryptocurrency, with there now being 13 more such wallets compared to the start of the month. While this isn’t anything too big, it does indicate that big-money investors are slowly buying back in. Ethereum has also seen its whale population go up during the same window and the increase has been more dramatic in its case. In total, 48 new whales have joined the blockchain since August began. Given the key position that these investors occupy in the market, the sentiment among them is often worth keeping an eye on. With a buying push occurring from them right now, it would seem that their outlook is bullish, particularly in the case of ETH. In some other news, Bitcoin has witnessed a sharp decline in capital inflows recently, as analyst Willy Woo has explained in an X post. Bitcoin is today seeing around less than $1 billion per day in capital inflows, which is significantly down compared to the earlier peak above $2 billion per day. Interestingly, in the same period as BTC has seen inflows dry up, ETH has observed them pick up instead. This could be an indication that investor interest has been rotating from the former to the latter. Following the uptrend, Ethereum inflows have risen to almost the same level as BTC ones, meaning that a flip could occur soon. BTC Price Bitcoin has seen some recovery from its recent low as its price has climbed back up to $112,500.

Falconedge, a newly established hedge fund advisory firm that emerged from Falcon Investment Management, has revealed a new strategy among publicly traded companies: to allocate nearly all of the proceeds from its upcoming initial public offering (IPO) to building a Bitcoin (BTC) treasury. Bitcoin-Focused IPO Strategy On Wednesday, the firm’s announcement disclosed that Falconedge’s leadership views Bitcoin not merely as a hedge against inflation but as a cornerstone asset for institutional treasury management. By emphasizing Bitcoin as a primary reserve asset, the firm aims to scale its cryptocurrency holdings significantly, thereby enhancing its balance sheet with BTC’s potential and institutional credibility. Roy Kashi, CEO of Falconedge, expressed enthusiasm about the firm’s launch in a press release statement. The executive said: We’re proud to launch Falconedge as a next-generation platform that puts Bitcoin at the heart of institutional treasury strategy. This pre-IPO raise positions us to accelerate growth and deepen our impact in digital asset finance. Flaconedge would join a growing trend of public traded companies adopting similar investment options, mulling Strategy’s (MicroStrategy) approach with years accumulating Bitcoin and so far enjoying billionaire returns. Falconedge Completes Pre-IPO Fundraising The firm disclosed it has completed its pre-IPO fundraising and is gearing up for a public offering in September. Falconedge has indicated that the majority of the IPO proceeds will be allocated to Bitcoin accumulation, further solidifying Falconedge’s vision. Falconedge’s IPO is set to be one of the first to dedicate proceeds primarily to Bitcoin reserves, effectively positioning the firm as a hybrid entity that straddles the line between an advisory firm and a digital asset holding company. USDT stablecoin issuer Circle has also been in the spotlight with its debut on the New York Stock Exchange (NYSE). Its shares, traded under the ticker symbol CRCL, surged over 150% in the first days of its debut, highlighting the interest by investors in crypto-focused IPOs. Despite being newly formed, Falconedge benefits from the significant credibility and expertise inherited from Falcon Investment Management, a top player in United Kingdom-regulated crypto investing. The firm’s legacy includes launching one of the earliest regulated crypto funds in the UK in 2018, managing over $850 million in crypto assets at its peak, and successfully establishing a decentralized finance-focused fund that has performed well. As of this writing, Bitcoin, the market’s leading cryptocurrency, is trading at $112,100 — nearly 10% below its record high of $124,000 earlier this month. This is in line with the broader correction in the market, which has seen digital asset prices retrace to key support levels. Featured image from DALL-E, chart from TradingView.com

XRP has recovered from the recent market pullback and is attempting to confirm the $3.00 level as support. However, an analyst suggested that the cryptocurrency risks a new retest of the range lows before bullish momentum continues. XRP’s Daily Close Key For Momentum XRP has reclaimed a crucial level as support while the crypto market stabilizes from this week’s market downturn. The altcoin has been trading sideways over the past week, hovering between $2.85-$3.10 range. The cryptocurrency retested the range lows, holding the lower boundary as support during the recent market volatility. Now, the price surged 7% from Monday’s lows to the $3.08 area before retracing to the $3.00 mark. On Wednesday, analyst Ali Martinez noted that XRP was rejected from local resistance, around the $3.10 area, for the third time, which could signal a new correction to the range lows similar to the previous attempts. If the altcoin fails to hold the current level as support and loses the mid-range area, its price could drop to $2.83, risking a fall below the local range and a deeper correction. On the contrary, if bullish momentum continues and the cryptocurrency breaks out of the crucial resistance, its price could rally to the August high levels, between $3.20-$3.40. Similarly, analyst Cryptoinsightuk noted that XRP had a positive daily close, adding that the “RSI crossed bullish and even throughout this pullback we’ve seen no change in structure.” Nonetheless, he suggested that the cryptocurrency needs to continue its momentum with a second day of follow-through price actions and trading volume. The market watcher asserted that a daily close above the $3.14 area will set up the stage for a rally to the $3.40 resistance in the coming weeks. Is A 2017-Like Rally Coming? After its July rally to its latest all-time high (ATH) of $3.65, the altcoin has been consolidating within a bullish pennant, with price compressing between the pattern’s resistance and support levels. Analyst GalaxyBTC also noted that XRP has been compressing between two parallel levels, repeating its 2017 playbook. Previously, the cryptocurrency hovered between the previous ATH level and the rally breakout level, which was turned into support. Following a consolidation period, the cryptocurrency broke out of this range and recorded a massive rally to its 2018 ATH. This time, XRP turned the $1.70 area into support last November and has been consolidating between this level and the previous ATH for the past eight months, which could suggest that the rally isn’t over yet. If history repeats, a massive breakout will follow once the altcoin breaks out of the previous ATH resistance and turns it into support. Moreover, the analyst highlighted a key level in XRP’s trading pair against Bitcoin (BTC), explaining that the 0.00003014 area has been a resistance in the XRP/BTC chart over the past six years. While the XRP/BTC pair continues to near this resistance, the market watcher considers that “the timing is perfect, as breaking out will put us well into price discovery on the USD pair.” As of this writing, XRP is trading at $3.02, a 3.3% increase in the weekly timeframe.

Cardano price started a fresh decline from the $0.9650 zone. ADA is now consolidating and facing hurdles near the $0.880 and $0.8980 levels. ADA price started a fresh decline below the $0.920 support zone. The price is trading below $0.90 and the 100-hourly simple moving average. There is a key contracting triangle forming with resistance at $0.8720 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.880 resistance zone. Cardano Price Eyes Upside Break After a steady increase, Cardano faced sellers near $0.9650 and started a downside correction, like Bitcoin and Ethereum. ADA dipped below the $0.920 and $0.900 support levels. The bears even pushed the price below $0.880. A low was formed at $0.830 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $0.9641 swing high to the $0.830 low. Cardano price is now trading below $0.90 and the 100-hourly simple moving average. There is also a key contracting triangle forming with resistance at $0.8720 on the hourly chart of the ADA/USD pair. On the upside, the price might face resistance near the $0.8720 zone. The first resistance is near $0.880. The next key resistance might be $0.8980 or the 50% Fib retracement level of the recent decline from the $0.9641 swing high to the $0.830 low. If there is a close above the $0.8980 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.9320 region. Any more gains might call for a move toward $0.9650 in the near term. Another Decline In ADA? If Cardano’s price fails to climb above the $0.8980 resistance level, it could start another decline. Immediate support on the downside is near the $0.850 level. The next major support is near the $0.830 level. A downside break below the $0.0.830 level could open the doors for a test of $0.8120. The next major support is near the $0.80 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.8500 and $0.8300. Major Resistance Levels – $0.8800 and $0.8980.

Bitcoin (BTC) remains under pressure after failing to recover momentum following its recent record high above $124,000. At the time of writing, the asset is trading at $112,0474, reflecting a decline of 7.5% in the past two weeks. The latest movements come as analysts examine on-chain metrics to assess whether the current slowdown represents a pause in the ongoing bull cycle or the beginning of a broader correction. One of the key indicators gaining attention is Bitcoin’s active addresses metric. According to PelinayPA, a contributor on CryptoQuant’s QuickTake platform, the number of active addresses has consistently remained high, suggesting that network usage is stable despite the recent price retracement. Active Address Growth Signals Resilient User Base The analyst notes that long-term data shows a strong correlation between address activity and market cycles, with spikes often coinciding with peaks and declines aligning with bear markets. PelinayPA outlined how active addresses have historically tracked Bitcoin’s broader price behavior. From 2010 through 2016, addresses expanded steadily as Bitcoin’s adoption grew. The 2017 bull run brought a sharp increase, while the 2018–2019 downturn saw a decline in both addresses and price. The most recent cycle again highlighted the relationship, with addresses surging alongside Bitcoin’s run to new highs in 2020–2021 before dropping in 2022 during the market correction. Since 2023, however, activity has stabilized, with daily active addresses consistently ranging between 900,000 and 1 million. As of now, approximately 919,000 addresses are active, reflecting sustained network use. PelinayPA emphasized that while addresses alone are not a perfect price predictor, consistently elevated activity provides long-term support for Bitcoin’s valuation. If addresses maintain levels above 1 million, it could underpin the case for further gains, with potential targets in the $150,000–$200,000 range. Conversely, a sharp decline in address activity would signal reduced demand and raise the likelihood of a reversal toward the $80,000–$90,000 range. Bitcoin Exchange Inflows Reach Multi-Year Lows In addition to user activity, exchange inflows offer another perspective on current market conditions. CryptoOnchain, another CryptoQuant analyst, highlighted that Bitcoin’s 30-day moving average of inflows has dropped to its lowest level since May 2023. Historically, low exchange inflows suggest reduced selling pressure, as fewer coins are being moved to trading platforms for liquidation. This trend is particularly notable on major exchanges such as Coinbase and Binance. On Coinbase, a platform often associated with US and institutional investors, inflows have significantly decreased, pointing to diminished selling activity from large holders. A similar pattern is visible on Binance, which continues to host the highest global trading volumes. According to CryptoOnchain, the combination of lower inflows and rising price levels may indicate an environment where available supply is constrained, creating conditions that could support higher valuations in the mid-term. Featured image created with DALL-E, Chart from TradingView

XRP price is holding above $2.920 support zone. The price is now consolidating and might soon attempt a move above the $3.050 resistance. XRP price is showing bearish signs below the $3.080 resistance. The price is now trading near $2.980 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support 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 $3.10 zone. XRP Price Starts Consolidation XRP price started a downside correction from $3.0850, like Bitcoin and Ethereum. The price traded below the $3.050 and $3.000 levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.824 swing low to the $3.080 high. Besides, there was a break below a key contracting triangle with support at $3.020 on the hourly chart of the XRP/USD pair. However, the price found support near the $2.950 zone. It seems like the bulls are protecting 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 near $2.980 and the 100-hourly Simple Moving Average. If the bulls remain in action, the price could attempt another increase. On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.080 level. A clear move above the $3.080 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20. Another Decline? If XRP fails to clear the $3.080 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.950 level. The next major support is near the $2.9220 level. If there is a downside break and a close below the $2.9220 level, the price might continue to decline toward $2.840. 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 losing 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 – $3.080 and $3.120.