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The XRP Ledger (XRPL) has witnessed a dramatic surge in on-chain transactions, with payment volumes between accounts surging by 500%. This sharp increase highlights a significant rise in transactions and address activity on the blockchain, marking one of the highest spikes recorded this year. XRP Sees Record-Breaking On-Chain Activity Data from XRPScans confirms that on August 18, 2025, the XRP Ledger recorded a massive rise in network activity, processing 844,516,631 tokens in payments between accounts. This figure dwarfs the average daily flows seen throughout this month. The surge also marks an increase of more than 500% compared to the previous day, when payment volume totaled only 159,685,255. Typically, such spikes in on-chain activity often indicate growing adoption, whether through institutional participation, retail engagement, or whale repositioning. Historically, sudden bursts of transactional volume have preceded major price movements, as they tend to reflect rising demand. XRPScan’s payments chart also highlights the cryptocurrency’s shifting volume trends throughout the year. For much of 2025, XRP payments largely fluctuated at a lower baseline, with occasional bursts of activity. While August stands out, July saw an even more heightened activity, with 1.41 billion payments logged on the 21st. Despite the sharp rise in on-chain activity, the XRP price has yet to reflect the surge, trading without any significant upside reaction. However, sustained growth in payment volume could strengthen the cryptocurrency’s underlying fundamentals, potentially setting the stage for a new wave of market interest. Whale Sell-Offs Weigh On Price Over the past week, the XRP price has dropped roughly 10% to around $2.89 despite the recent spike in payment volume. According to a post on X social media by crypto exchange XChangeOn, this decline has been partially attributed to heavy whale selling and ongoing market volatility. In just ten days, a staggering 470 million XRP were offloaded, with several of these transfers exceeding 100 million tokens each. XChangeOn noted in its post that much of this supply had found its way to Binance, adding significant selling pressure to the already fragile market. Interestingly, these moves came after whales had accumulated over $360 million worth of XRP during earlier price dips, suggesting that large players may now be realizing profits or repositioning ahead of broader market shifts. XChangeOn indicated that the growing selling pressure has placed XRP at risk of testing support levels between $2.70 and $2.50. From the current price of $2.89, this represents a potential decline of approximately 6.6% and 13.5%, respectively. If downward pressure continues, the cryptocurrency is expected to experience further weakness in the short term. However, XChangeOn notes that reduced inflows to exchanges and renewed whale accumulation could act as stabilizing forces.

Coinbase CEO Brian Armstrong put a bold price on Bitcoin this week, saying the token could hit $1 million by 2030. He posted the prediction on X and pointed to rising institutional interest and clearer rules in the US as reasons for the call. Short-term moves will still be messy, he warned, but the long-term case is getting stronger. Armstrong Joins High-Profile Bull Calls According to Armstrong, the shift in tone from regulators matters. He flagged pending stablecoin legislation and a market structure bill in the Senate as possible catalyst events, saying “something could happen by the end of this year.” Reports have disclosed that the US government now holds a strategic Bitcoin reserve, a step Armstrong once found unlikely. Institutional Flows Are Small, But Growing According to Armstrong, many large funds currently hold about 1% of their portfolios in Bitcoin. That’s small. It’s also a base to build from if rules become clearer. Exchange-traded funds have already pulled significant institutional money into the market, and sovereign interest is slowly rising. Armstrong argues that clearer rules will speed the process and unlock more capital. Big Names Back Big Numbers Meanwhile, several well-known figures have been making their own forecasts about the world’s most popular crypto asset. Author Robert Kiyosaki has argued that rising inflation and the growing US debt load could be key drivers pushing Bitcoin toward higher levels. Michael Saylor, who leads Strategy, points to Wall Street’s balance sheets, saying a 10% allocation of reserves to Bitcoin could be enough to trigger the million-dollar mark. Cathie Wood of ARK Invest has set an even loftier target, suggesting Bitcoin could climb to $1.5 million in her firm’s bull scenario. Together, these forecasts align with Armstrong’s call, though each stems from a different line of reasoning. Regulation And Risk Still Matter Bitcoin has a history of sharp rallies followed by big pullbacks. That pattern hasn’t disappeared. While proponents point to limited supply and growing institutional exposure as reasons to expect higher prices, critics warn that macro shocks, tighter regulation, or a serious technical flaw could reverse gains quickly. Featured image from Meta, chart from TradingView

Cardano’s momentum is heating up as whale wallets make bold moves. A recent update from Crypto Update IO reveals that whales have snapped up 100 million ADA in a single day, lifting their holdings to 18.65 billion ADA. Such aggressive accumulation may be hinting at a major turning point for the market. Price Action And Technical Indicators In his analysis, Crypto Update IO pointed out that Cardano’s price has been fluctuating between $0.86 and $0.88 over the past day. Strategic accumulation during this dip suggests that larger investors are positioning themselves for potential future gains, providing a cushion against broader market corrections. Historically, such whale activity has often signaled renewed interest in Cardano. At present, ADA is trading at $0.88, reflecting a 3% rise within the last 24 hours. This short-term uptick comes despite a 10% decline over the past week, showing that the asset is attempting to stabilize after recent downward pressure. According to Crypto Update IO, Javon Marks highlighted that Cardano’s current market structure appears to be mirroring previous cycles. These patterns could set the stage for an extraordinary surge, with ADA potentially rallying as much as 740% toward the $8 mark if history repeats itself. Such a setup suggests that Cardano may be entering a crucial accumulation phase before significant rallies. Cardano Derivatives Market And Institutional Interest Crypto Update IO went on to explain that Cardano’s derivatives market is showing a blend of caution and growing optimism. Despite a 4% drop in open interest and an 18% decline in trading volume, certain underlying metrics are starting to turn more favorable. The encouraging signal comes from the funding rate, which has flipped positive at 0.0072%. A positive funding rate typically indicates that traders are paying a premium to hold long positions over shorts. This dynamic reflects an increasing appetite for bullish exposure, pointing to renewed confidence in Cardano’s near-term trajectory, as sentiment leans toward a price recovery. With long positions beginning to outweigh shorts, the market is signaling that traders are preparing for potential rallies, positioning themselves early before a larger move materializes. This behavior often precedes significant breakouts in the crypto market. Adding to the narrative, Crypto Update IO highlighted that on August 14, ADA futures volume surged to an impressive $7 billion. A spike in futures volume underscores the growing attention Cardano continues to attract from both retail traders and institutions. Combined, these developments suggest that ADA remains firmly on the radar, with derivatives markets quietly building a foundation for what could become its next major rally.

Seequent has expanded the capabilities of its 3D geological modelling solution, Leapfrog, introducing streaming of high-resolution core imagery directly into the modelling interface from its cloud-based, advanced image analysis product, Imago. “It also leverages recent advancements we’ve made in Imago, including machine learning capabilities that add value to core imagery,” says product manager geology Ryan Lee. “These valuable insights now appear in Leapfrog, adding spatial context to core imagery in a way that was previously not possible.” Imago enables users to easily access, collaborate on, and validate geoscientific images, adding value through functionality such as its machine learning-enabled AutoCrop, which provides a linearized downhole reconstruction of core images to show core as it was in-situ. With this geoscientific imagery directly accessible in Leapfrog 2025.2, users can seamlessly view images within the context of their geological model and examine core photos closely without needing to switch applications, supporting faster, more informed modelling decisions. Extracting more value from core imagery Leapfrog 2025.2 enables the extraction of significantly more value from logging data. The ease of access to core imagery from Imago speeds up the modelling process and, when coupled with Imago’s advanced image analysis powered by machine learning, delivers maximum insights by transforming image data into knowledge.

Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which supply lithium-bearing mica for battery chemicals, is expected to be temporary, according to BMO Capital Markets, which cited a webinar by analysts at Shanghai Metals Market (SMM). A modest domestic deficit in August will flip to oversupply in September as mines resume output, SMM forecast. The price of battery-grade lithium carbonate has jumped since the shutdowns, with contracts in China trading above 80,000 yuan ($11,150) per tonne versus less than 60,000 yuan per tonne in June. Prices are expected to stabilize in the mid-70,000 yuan per tonne range in September and October before retreating to about 70,000 yuan by year-end, according to SMM. The price on Thursday is $11,525 per tonne, according to The Wall St. Journal. “The most likely scenario being a short-term production halt followed by orderly resumption of supply once all approval procedures are finished,” BMO commodities analysts Helen Amos and George Heppel said in a note on Thursday. “There is more than enough stock for chemical producers to maintain output using lepidolite ore inventory.” Long-term demand Western lithium producers are contending with low prices and an oversupplied market while continuing to invest in new projects and refining capacity to meet long-term demand. Rio Tinto (LSE, NYSE, ASX: RIO) expanded its global footprint with its $6.7 billion acquisition of Arcadium Lithium (NYSE: ALTM), while Lithium Americas (TSX, NYSE: LAC) advances its Thacker Pass mine in Nevada with support from General Motors (NYSE: GM) and US government funding. In Australia, Tianqi Lithium and IGO (ASX: IGO) are working to ramp up output at their underperforming Kwinana refinery, and in Europe, Vulcan Energy Resources (ASX: VUL) is pursuing net-zero-carbon lithium from geothermal brines as automakers seek more sustainable supply options. The price spike was triggered by Contemporary Amperex Technology suspending production at a mine in central China’s Jiangxi province after a permit expired, sparking a surge in futures trading and lifting shares of lithium producers including Albemarle (NYSE: ALB), SQM (NYSE: SQM) and Sigma Lithium (Nasdaq: SGML). As well, Zangge Mining halted brine production at Qarhan Lake and Jiangxi Special Electric Motor’s Yichun lepidolite mine began a 26-day maintenance period on July 25. While the shutdown affects an estimated 4% of global supply, analysts at UBS and Macquarie said this month high stockpiles and steady production from other sources mean the impact on fundamentals is limited. The size of the outage is roughly in line with the current global surplus, making sustained price gains unlikely, The Financial Times reported.

A resource update for Yukon-focused White Gold’s (TSXV: WGO) namesake project positions it among the larger undeveloped open-pit gold resources in the territory. The update raises indicated ounces by 44% to 35.1 million tonnes grading 1.53 grams gold per tonne for 1.73 million oz. over the previous update from last year, the company reported Thursday. Inferred resources grew by 13% to 32.3 million tonnes at 1.22 grams gold for 1.26 million ounces. The project is about 95 km south of Dawson City. “The significant increase in gold resources at our flagship White Gold Project is another major milestone for the company,” White Gold CEO David D’Onofrio said in a release. “The updated resource also further highlights the strong growth potential of our near surface deposits which remain open in multiple directions with numerous prospective targets in close proximity that also warrant drill testing based on their exploration results to date.” White Gold shares gained 3.3% to C$0.47 apiece on Thursday morning in Toronto, for a market capitalization of C$92.89 million. The stock has traded in a 12-month range of C$0.17 to C$0.57. High in ranking The update places White Gold’s deposit roughly in third place for contained gold in Yukon open pit projects. Snowline Gold’s (TSXV: SGD) Valley resource tops the list, with 204 million measured and indicated tonnes grading 1.21 grams gold for 7.94 million contained oz.; and 45 million inferred tonnes at 0.62 gram gold for 890,000 contained ounces. Next up is former miner Victoria Gold’s Brewery Creek project, which hosts 34.5 million measured and indicated tonnes at 1.03 grams gold for 1.1 million contained oz.; and 36 million inferred tonnes grading 0.88 gram gold for 1 million ounces. That project is owned and managed by PricewaterhouseCoopers, the court-appointed receiver for Victoria Gold following the landslide at its Eagle mine last year. Newmont’s (NYSE: NEM; TSX: NGT) Coffee project, just south of White Gold, is in fourth place with 55.5 million measured and indicated tonnes at 1.2 grams gold, for 2.1 million oz.; and 6.8 million inferred tonnes grading 1.07 grams gold for 230,000 ounces. Veteran prospector Shawn Ryan discovered both the White Gold and Coffee deposits. Golden Saddle dominates The update is based on a recent remodelling of the Golden Saddle and Arc deposits at White Gold, the company said. More than half of the update’s total tonnage is concentrated in Golden Saddle, which also hosts a high-grade core of 1.1 million indicated oz. at 2.84 grams gold and 93,000 inferred oz. at 2.03 grams gold at a 1 gram gold cut-off. The rest of the resource is distributed across the Arc, Ryan and QV targets. A small amount of the total resource is classified as underground. An ongoing exploration program is designed to further increase the resource at White Gold in support of a preliminary economic assessment, though the company hasn’t given a timeline for its release.

Gold prices have remained choppy this week with the precious metal remaining in the range between $3300-$3350/oz for the majority of the week. Two key levels which for now it appears buyers and sellers are defending ahead of the Jackson Hole Symposium and Geopolitical developments. Most Read: Bitcoin (BTC/USD) Price Outlook: Mixed Signals as Bearish Potential Grows, $108600 May Hold the Key Strong US PMI Data Fails to Inspire Breakout A strong PMI release may have just aided Fed Chair Jerome Powell. The S&P Global US Composite PMI rose to 55.4 in August 2025, up from 55.1 in July, showing growth for the 31st straight month, according to flash estimates. This was also the fastest growth seen this year. The services sector continued to grow strongly, though activity slightly slowed from July’s peak (55.4 vs 55.7). Meanwhile, manufacturing bounced back, with the PMI rising to 53.3 from 49.8 in July, its highest level since May 2022. Hiring picked up, with job creation hitting one of the fastest rates in three years. Businesses also reported the biggest backlog of unfinished work since May 2022. Now all of this sounds like a solid economy and looking at the data more closely we see a few other interesting points. Most Read: ISM manufacturing PMIs lift US stocks from another bearish open – intraday levels for Dow Jones, S&P 500 and Nasdaq S&P Global’s Chris Williamson noted the survey also showed mounting inflation pressures. Businesses are increasingly passing tariff-related costs through to consumers, and the PMI price indices are now running at their highest levels in three years. Selling prices for goods and services have moved higher, suggesting that consumer inflation will “rise further above the Fed’s 2% target in the coming months. The PMI results create more uncertainty for the Fed. Instead of supporting the idea of immediate rate cuts, the data suggest the economy is closer to conditions that typically lead to rate hikes. “With increased business activity, hiring, and rising prices shown in the survey, the PMI data lean more toward rate hikes than cuts,” Williamson explained. The move did lead to an immediate bounce for the US Dollar Index which has since continued its advance. However as has been the case with Gold of late, the precious metal saw an immediate drop but has since recovered to a near daily high at $3345/oz. This highlights the indecision in Gold at the moment with market participants likely keeping an eye on the Jackson Hole Symposium and Fed Chair Powell. Jackson Hole and Gold Prices Moving Forward Heading into Fed Chair Jerome Powell's speech at Jackson Hole tomorrow Gold appears in desperate need of a catalyst. The Russia-Ukraine situation has a lot of variables to contend with before an actual peace deal may be agreed. Thus geopolitical risk premium is likely to remain in play in the near-term. This leaves monetary policy, where like we discussed above today's PMI data has created more uncertainty for the Fed. The FED minutes also did not really provide anything new to the equation so will there be sparks tomorrow or will the market reaction be muted? Technical Analysis - Gold (XAU/USD) Technical analysis paints a nice picture for bulls though with a break of a bullish pennant pattern which was in play. If you believe the old trading adage ‘technicals hint at what's to come from the fundamentals’ then the question is, are we getting a hint of a dovish speech by Fed Chair Powell tomorrow? From a technical standpoint, Gold has broken the bullish pennant on the four-hour chart. A pullback and retest occurred today so Gold is on its way toward a potential target of $3383/oz. There is significant resistance just ahead which Gold needs to overcome. The 50 and 100-day MA rest at 3343 and 3348 respectively and at this stage are providing a significant hurdle. Supporting a bullish narrative is the period-14 RSI remains above the 50 level which hints that the momentum remains bullish. Gold (XAU/USD) Daily Chart, August 21, 2025 Source: TradingView (click to enlarge) Client Sentiment Data - XAU/USD Looking at OANDA client sentiment data and market participants are Long on Gold with 70% of traders net-long. I prefer to take a contrarian view toward crowd sentiment and thus the fact that the majority of traders are net-long suggests that Gold prices could continue to slide in the near-term. 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.

The US stock open was another one to the downside this morning, with all major indices initially following a break-retest pattern off the late rally seen into yesterday’s close. Current session lows show the Nasdaq (CFD) at 23,091, the S&P 500 (CFD) at 6,360, and today’s focus, the Dow Jones (CFD), at 44,573. However, the 9:45 ISM Manufacturing PMI surprised firmly to the upside, printing 53.3 against expectations of 49.5, suggesting a more resilient industrial backdrop. In addition, Existing Home Sales came in at 4.01M versus the 3.92M expected, adding another layer of support to the broader economic outlook for the session. With this context in mind, let’s now turn to some intraday chart analysis and levels for all Major US indices, starting with the Dow Jones, then the S&P 500 before finishing with the Nasdaq. Read More: US Oil (WTI) consolidates at support but looks for direction – rangebound trading levelsDow Jones intraday chart and levels Dow Jones 2H Chart, August 21, 2025 – Source: TradingView The morning session was a bit rough for the Dow, taking the Industrial index to a retest of the 44,500 Pivot Zone before the upbeat ISM data took the index back higher. With the morning rebound happening on the short-trend upward channel's lower bound, further upside could be expected. Bulls will however have to break above the 50-period Moving average acting as immediate resistance. RSI momentum is closer to neutral – Let's see how the Jackson Hole Conference (and Powell's speech at 10:00 A.M. tomorrow) will influence sentiment. Levels of interest for Dow Jones Trading: Resistance Levels session highs 44,887 (2H MA 50 in confluence)All-time high resistance zone 45,000Current All-time Highs 45,283Support Levels current session lows 44,570 (confluence with lower bound of channel)44,400 to 44,500 Pivot and 2H MA 20044,000 Main Support ZoneS&P 500 intraday chart and levels S&P 500 2H Chart, August 21, 2025 – Source: TradingView The S&P 500 intraday chart looks more bearish than the Dow, with prices having already broken out of the May upward Channel, a downward trendline acting as resistance and RSI holding lower. Immediate momentum seems to be on hold however. Levels of interest for S&P 500 Trading: Resistance Levels session highs 6,390 (2H MA 200 in confluence)End-July Top now Pivot 6,420 to 6,430All-time high resistance zone 6,450 to 6,490Current All-time Highs 6,489Support Levels Main support 6,340 +/- 5ptsShort-term Key Support just below 6,300NFP Lows 6,216Nasdaq 2H intraday chart and levels Nasdaq 2H Chart, August 21, 2025 – Source: TradingView Nasdaq trades a bit more erratically than its brothers, but one thing is sure: Bears have managed to break out of the May upward channel and bulls will have to fight to avoid this being a longer-run trend. The latest break-retest in yesterday's session shows a more bleak outlook for the tech-focused index, but everything will confirm with Powell's speech tomorrow and future data in the waiting of the September Meeting. Levels to watch for the Nasdaq: Resistance Levels Current All-time Highs 23,98623,500 Support turned resistanceBroken upward Channel lows 23,350Support Levels 23,000 Key momentum Pivot22,700 support at NFP lowsEarly 2025 ATH at 22,229 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.

Energy Fuels (NYSE: UUUU) (TSX: EFR) says it has successfully produced the first kilogram of heavy rare earth oxides at pilot scale from its White Mesa mill in Utah. For years, the Lakewood, Colorado-based company has been the leading US producer of natural uranium concentrate. Its White Mesa mill represents the country’s only licensed uranium mill, from which critical minerals such as vanadium and rare earth element (REE) oxides are produced. Commercial production of REEs, in particular light rare earths neodymium (Nd) and praseodymium (Pr), started in June 2024 after three years of pilot work by Energy Fuels and subsequent commissioning of its rare earth separation circuit. Recently, the company confirmed that the White Mesa facility also has the capability to produce heavy rare earths, namely dysprosium (Dy), terbium (Tb) and samarium (Sm), which are less common and are key to high-performance technologies such as military applications. Successful production of these minerals would make it the first US supplier of HREEs that processes mined ores at a commercial facility, Energy Fuels has said. The HREE pilot project began in mid-July, beginning with Dy, then moving onto Tb and Sm. Pending its success, commercial production could begin as early as the fourth quarter of 2026. High-purity Dy On Thursday, the company revealed that its first batch of Dy production achieved a purity of 99.9%, which is well in excess of the 99.5% commercial specification. This announcement, it adds, makes Energy Fuels the first US company to both produce high-purity Dy oxide and publicly disclose actual production volumes and purities. The oxides were produced from monazite mined in Florida and Georgia, demonstrating the expected viability of a completely non-Chinese rare earth oxide supply chain, Energy Fuels said, adding that multiple magnet manufacturers and OEMs have already expressed their strong interest in obtaining these samples to accelerate their validation processes. The company also said it believes the quantity and purity of its Dy oxide production is “unmatched” in the US at this time and is a testament to White Mesa’s “world-class REE production capabilities.” Shares of Energy Fuels were up 5% to $8.98 on the NYSE following the announcement, taking the company’s market capitalization to nearly $2 billion. The stock had plunged from its 52-week high of $10.74 earlier this week on overall weakness of the uranium sector. HREE commissioning “Energy Fuels’ high-purity Dy oxide production is a major leap toward securing a US supply of ‘heavy’ rare earth oxides for a variety of commercial and defense uses,” Energy Fuels CEO Mark Chalmers commented in a press release. “This is real, high-quality material in-hand, ready for independent testing, demonstrating that our Utah facilities can deliver world-class critical minerals domestically.” The pilot-scale production is expected to continue until approximately 15 kg of Dy oxide are produced. At that point, Energy Fuels will begin producing high-purity terbium oxide and is targeting year-end for the first samples of Tb oxide to be available for end-user validation. Due to the ongoing progress of this pilot project, the company said it plans to build and commission the commercial-scale HREE separation capacity at White Mesa to meet the Q4 2026 production timeline.

Dogecoin, despite being held up around the $0.21 to $0.23 price zone, has seen its user base grow with adoption among crypto investors of all types. Notably, on-chain data shows that Dogecoin has now surpassed 8 million in terms of addresses holding a non-zero balance. On‑chain analytics from Santiment reveal that Dogecoin has risen from approximately 6.9 million holders earlier in 2025 to the latest 8 million milestone. Only Ethereum and Bitcoin exceed Dogecoin when it comes to user base size. Dogecoin Holder Count Keeps Surging The momentum behind Dogecoin’s adoption shows no sign of slowing down, and the number of addresses holding the meme cryptocurrency is now above 8 million. This trend in Dogecoin holders stems from the cryptocurrency increasingly becoming the go-to asset for many retail traders. This, in turn, has seen the number of Dogecoin holders continue to surge this year, especially as retail investors start to transition from other large market-cap cryptocurrencies like Bitcoin, which many now argue is the crypto for institutions. Although Dogecoin also saw a huge growth in the number of holders in 2024, the growth in 2025 is outpacing the trend seen in 2024, To put this into perspective, it took the whole year to add 1 million new DOGE holders in 2024, whereas in 2025, the same milestone has taken less than eight months. This is a substantial increase from about 6.9 million holders in the beginning of 2025. The latest figures place Dogecoin well ahead of other large market cap cryptocurrencies such as Cardano (ADA), Chainlink (LINK), and XRP, as well as major stablecoins including USDT and USDC, in terms of total holder count. Only Ethereum, with about 148 million addresses, and Bitcoin, with around 55 million, surpass Dogecoin’s adoption levels. DOGE Whales Continue Accumulating The steady increase in new Dogecoin addresses has been supported by a corresponding increase in whale accumulation. Trading data shows that large wallets have added more billions of Dogecoins in recent weeks. For instance, recent on-chain data shows that wallet addresses holding between 100 million and 1 billion Dogecoin recently added about 2 billion Dogecoin worth $448 million to their holdings within a week. At the institutional level, Bit Origin made headlines after committing $500 million to a Dogecoin treasury last month when the price was hovering around $0.24. Technical traders are also paying close attention. One analyst known as Trader Tardigrade pointed out that DOGE’s current chart setup is nearing the final stages of consolidation before a pump on the daily candlestick timeframe chart. If this pump were to manifest, the analyst projects a pump to $0.41 after breaking out of a triangular consolidation pattern. Interestingly, a longer-term analysis from the same analyst on the monthly candlestick timeframe chart shows that Dogecoin has built a support base and is ready for the next leg up that would take it to as high as $4. At the time of writing, Dogecoin is trading at $0.222, up by 4.3% in the past 24 hours.

The British pound is down for a fourth straight day and has dropped 0.9% this week. In the North American session, GBP/USD is trading at 1.3432, down 0.16% on the day. The UK was scheduled to release July retail sales on Friday, with a market estimate of 0.4%, but that has been delayed until September 5. UK PMIs: services accelerates, manufacturing weakens UK PMIs were a mixed bag in August. The Services PMI improved to 53.6, up from 51.8 in July and above the market estimate of 51.8. Business activity rose for a fourth straight month and hit its fastest pace in a year. There was an increase in new orders and business confidence rose on expectations that consumer demand will improve. The manufacturing sector continues to struggle and the contraction worsened in August. The PMI fell to 47.3 in August from 48.0 in July. New orders decreased and employment losses deepened as the uncertainty over US tariffs has resulted in subdued global demand. The silver lining was that manufacturers' optimism improved. Fed minutes points to split The Federal Reserve released the minutes of the July meeting on Wednesday. The Fed didn't surprise anyone by maintaining rates but the meeting made headlines when two FOMC members voted against the majority in favor of a rate cut. This was the first time in over 30 years that more than one member has voted against a rate decision. The minutes noted the differing views on the Fed's dual mandate of inflation and employment. The economy faces an upside risk to inflation and a downside risk to employment, complicating rate decisions. At the meeting, the majority judged higher inflation as the greater risk while the minority believed that the deterioration in the labour market was the greater risk. The Fed is expected to lower rates in September for the first time since December 2024, with an 80% probability of a quarter-point cut according to CME's FedWatch. GBP/USD Technical GBPUSD is testing support at 1.3431. Below, there is support at 1.3416There is resistance at 1.3457 and 1.3472 GBPUSD 4-Hour Chart, Aug. 21, 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.

The Asian Development Bank (ADB) will provide a $410 million financing package to support development of Pakistan’s Reko Diq copper-gold project, one of the world’s largest untapped deposits, operated by Barrick Gold (NYSE: B), Reuters reported on Thursday, citing two sources. The package includes two loans totaling $300 million to Barrick and a $110 million financing guarantee for the government of Pakistan. It forms part of a broader $6.6 billion development plan for the mine in Balochistan, which is 50% owned by Barrick and 50% by Pakistan’s federal and provincial governments. Shares of Barrick rose 0.6% Thursday morning, valuing the miner at $42.9 billion. Reko Diq’s scale and outlook Reko Diq is forecast to generate about $70 billion in free cash flow over its life and more than $90 billion in operating cash flow. The mine is expected to begin production in 2028, initially delivering 200,000 tonnes of copper annually in Phase 1, before expanding to 400,000 tonnes per year. A recent feasibility update increased Phase 1 throughput from 40 to 45 million tonnes per year, with costs rising to $5.6 billion from earlier estimates of $4 billion. Phase 2 will process 90 million tonnes annually, up from 80 million. While the mine’s current operating life is pegged at 37 years, Barrick believes upgrades and exploration could extend operations for decades beyond. Growing international interest The ADB’s commitment adds to a previously agreed $700 million financing package from the International Finance Corporation (IFC), the World Bank’s private investment arm. The project’s developers are also in talks with the US Export-Import Bank, Export Development Canada, and Japan’s JBIC, with term sheets expected this quarter. The financing push aligns with Islamabad’s efforts to attract foreign investment into its mining sector, including rare earths, and comes amid a thaw in relations with Washington. US Secretary of State Marco Rubio recently highlighted critical minerals as a new area of cooperation, noting potential U.S.-Pakistan joint ventures. Pakistan’s commerce ministry has indicated that American firms will be offered lease concessions and joint venture opportunities in Balochistan. For Pakistan, Reko Diq is not just a mining project but a potential catalyst for wider investment in the country’s resource-rich Balochistan province. For the U.S. and its allies, participation in the project supports efforts to diversify critical mineral supply chains away from China. After years of delay due to legal disputes—finally settled in 2022—the project is moving ahead with renewed momentum.

This article is an update to the piece released on Monday: US Oil breaks out as bearish catalysts fade US Oil has indeed broken out of its downward trend amid progress in Ukraine-Russia talks, bolstering prospects from bulls of a lesser supply. However, with Markets awaiting for an actual solution to the conflict, supplemented by anticipation for more economic talks from the FED and other Central Banks at the upcoming Jackson Hole Symposium, the mood looks to be for consolidation. Despite rumours of a ceasefire in the Middle East, we haven't seen much progress from that side also; Iran also contributes to elevate Supply. This morning's candle shows a failed attempt to trade higher with ongoing trading still trying to find direction. All things considered, rangebound markets should dominate technicals until more news are published, so let's discover what the current range is and how to exploit it the best. And don't forget to stay in touch with the latest news on ceasefires and everything else on Marketpulse! US Oil Technical AnalysisUS Oil Daily Chart US Oil Daily Chart, August 21, 2025 – Source: TradingView We are on the 7th consecutive day of consolidation in the Commodity. The price action does seem to have found technical support however, with prices failing to hold the downward trendline from the end of July and the Daily RSI making higher lows. Additionally, the key Daily Moving Averages are holding $3 higher from the price action (for example, the 50-Day MA is at $67.30). Higher timeframe MAs tend to act as magnets in rangebound trading, but bulls will first have to show more strength. Let's have a closer look. US Oil 4H Chart US Oil 4H Chart, August 21, 2025 – Source: TradingView We see further detail of the ongoing consolidation held between $62.20 lows to $64.25 highs. Buyers are trying to build momentum at an ongoing mini-upward trendline – with the 4H 50-period MA acting as immediate support (63.40), it will be essential to spot if they manage to provide more direction. A failure to hold the trendline and Moving average would point to more consolidation. Level to place on your WTI Charts: Resistance Levels $64 to $64.20 consolidation highs$66 to $67 Mid-range levelhigh range resistance $67.30 to $68 – Confluence with 50 and 200 Day MAsSupport Levels $62.00 to $62.50 consolidation supportWednesday lows $62.19 (current double bottom)$60.5 Low of May Range$55 to $57 2025 lows Main supportUS Oil 1H Chart US Oil 1H Chart, August 21, 2025 – Source: TradingView Looking even closer to the 1H timeframe, we spot how the extremes of the consolidation have acted as bounds for the rangebound trading. The $64 to $64.20 level is acting as Resistance and the $62 to $62.50 is acting as Consolidation Support. Any breakout from there would lead to higher chances of breakouts, with prolonged consolidation usually leading to built positioning at current levels, leading to precipitated covering. A break above $64.85 would magnify the odds of a July range re-integration (between $65 to $70.5. 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’s recovery attempt is drawing attention after a week of steady losses, with one market watcher warning of a deeper fall if the coin fails to push past the $120,000 region. The price of the world’s biggest cryptocurrency has already slipped by over 7% since touching $124,450 last week, raising doubts about the strength of its next move. Wave Structure Signals Critical Stage According to technical analyst CasiTrades, Bitcoin touched a low of $112,500 earlier today, a level that aligned with multiple timeframe targets. The move also came with bullish divergences on momentum indicators, which pointed to a short-term rebound. The analyst framed this drop as part of a corrective pattern, calling it Wave 1 of an A-wave. The next stage, labeled Wave 2, is expected to deliver a relief bounce. CasiTrades suggested that this move could carry Bitcoin back into the $119,900 to $121,900 zone. If rejection happens there, the decline could intensify into Wave 3, with possible downside reaching as far as $88,000. Reports explained that the bearish scenario would be invalidated if Bitcoin could print a new all-time high beyond $124,500. That would necessitate a reset in the corrective setup, which would have bulls with more leverage in the short term. Altcoins Show Signs Of Rotation As Bitcoin struggles with resistance, bigger-cap altcoins have been exhibiting mixed action. CasiTrades thinks that traders may move into these assets in Bitcoin’s downtime, anticipating that they will make more considerable movements in the meantime. XRP, which dropped to $2.85 earlier in the day, has rebounded slightly and now trades at $2.90. That still leaves it down 1.30% over the last 24 hours. Ethereum is faring better, gaining 1.8% to trade at $4,269, while Solana added 2.5% to reach $183. Market watchers say this kind of rotation is not unusual. When Bitcoin stalls at major resistance levels, traders often chase higher returns in altcoins that carry more volatility. Uncertainty Ahead For Traders The focus remains squarely on the $120K–$122K area. A clean breakout would indicate that Bitcoin is gaining strength again, while rejection would validate CasiTrades’ expectation of a greater fall. They are now considering those possibilities, with some waiting to build up on dips and others opting to remain in wait-and-see mode until the picture becomes clearer. For the time being, the market is divided between anticipation of a rebound and fear of further correction. Altcoins are showing some relief with isolated areas of green, but the response of Bitcoin at resistance will tend to dictate the tone for the next few days. Featured image from Unsplash, chart from TradingView

At the SALT conference in Jackson Hole, Rep. Angie Craig (D-Minn.) put words to what many in Washington have been whispering: the President Trump crypto empire is an insider trading scam on the American people. “It’s no secret that my side of the aisle would prefer not to see any sitting President — I won’t name one — participating in this market while a sitting president unless those assets are in a sealed trust,” Craig said. 2016 Trump: Had neocon wranglers and handlers 2020 Biden: Hated crypto and just ate ice cream 2024 Trump is just a mob boss surrounded by yes men who are privatizing crypto for the elites That’s the gist of it. The question is, are these claims true, and are we looking at the next FTX collapse? The Trump Family’s Crypto Ventures Trump, along with his sons Eric and Donald Jr., has been directly involved in the industry since his return to the White House in January. Trump has released meme coins tied to his name, while Truth Social has filed ETF applications. Additionally, Eric Trump co-founded American Bitcoin, a mining company owned by Hut 8. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Craig argued that this dynamic has become “the elephant in the room” for Democrats considering theDigital Asset Market Clarity Act. The ethical concerns aren’t new. Watchdog groups and several lawmakers have flagged the fact that Trump is actively enriching himself while shaping crypto policy. The $TRUMP memecoin dinner, hosted at his Virginia golf club, crystallized those concerns: top token holders were treated to access and recognition, while protesters outside accused the president of self-dealing. “Just because the corruption is playing out in public, where everyone can see it, doesn’t mean that it isn’t rampant, rapacious corruption.” – Sen. Chris Murphy (D-Conn.) Inside the administration, Trump’s “crypto czar” David Sacks has downplayed the issue, insisting his job is about growing the market, not policing Trump’s personal businesses. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025 What Comes Next For Trump and Bitcoin BitcoinPriceMarket CapBTC$2.25T24h7d30d1yAll time The Senate Banking Committee is at work on a competing version of the market structure bill and Republicans are pushing in lockstep. Meanwhile, we’ve never seen a President push memecoins, ETFs, and mining interests all at once. Is any of this legal? At the very least, hopefully we don’t see an FTX 2.0. 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 Trump crypto is raising many ethical red flags. The question is, are these claims true and are we looking at the next FTX collapse? All eyes are on Powell this week. As inflation lingers and labor metrics soften. The post Is Trump Crypto Conflict of Interests The Real FTX of This Bullrun? appeared first on 99Bitcoins.

Is the BNB price breakout dead? Windtree Therapeutics (WINT) shares collapsed 77% Wednesday after Nasdaq confirmed it will suspend the stock for failing to meet minimum bid requirements. Windtree only recently made headlines with a BNB ▲2.19% treasury strategy announced in July. The plan involved a $60 million agreement with Build and Build Corp., plus options for an additional $140 million, making it one of the first U.S.-listed companies to pivot heavily into Binance’s native token. The stock closed at $0.11, down more than 99% year-to-date, according to Yahoo Finance. Binance CoinPriceMarket CapBNB$125.66B24h7d30d1yAll time The BNB Price Casino Claims Another Victim At the time, shares rose more than 30%, but the rally quickly reversed. Within weeks, Windtree stock shed over 90%, erasing nearly all investor confidence. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025 The company also disclosed a $500 million equity line of credit with an unnamed institutional investor, as well as a separate $20 million pact with Build and Build Corp. to purchase more BNB. However, Windtree has not revealed how much BNB it currently holds or if it plans to continue the strategy after being forced off Nasdaq. Windtree’s unraveling is the latest cautionary tale for companies betting on digital asset treasuries. The model, once pitched as a way to add resilience, has instead left several firms overexposed to crypto downturns. Sharplink, holding Ethereum reserves, recently reported steep losses under the same pressure. Figures from DeFiLlama suggest the problem is systemic: when tokens plunge, treasury-linked stocks follow. Windtree’s reliance on BNB holdings meant its balance sheet was hit at the same time investors were dumping its shares. DISCOVER: Top 20 Crypto to Buy in 2025 Now That Windtree is Dead, What’s Next? Ironically, as Windtree slid into suspension, BNB was setting its own records, rallying 5.6% to $876.26. The broader crypto market had bounced back from two-week lows, but the gains never translated to Windtree’s balance sheet. The split underlines a harsh truth that companies tethered to crypto assets don’t automatically rise with the tokens they hold if investors have already lost faith in the business model. Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Is the BNB price breakout dead? Windtree Therapeutics (WINT) shares collapsed 77% Wednesday after Nasdaq confirmed it will suspend the stock. Ironically, as Windtree slid into suspension, BNB was setting records of its own, rallying 5.6% to $876.26. The post Will NASDAQ Delisting Kill BNB Price Breakout? appeared first on 99Bitcoins.

Arthur Hayes believes the long arc of US policy now points toward money creation on a scale that could push Bitcoin into “multi-million” territory—and, in a more extreme scenario, as high as $15 million per coin. In a wide-ranging interview hosted by CoinFund’s Chris Perkins, the BitMEX co-founder and noted macro commentator tied the path of Bitcoin explicitly to a looming political and institutional showdown at the Federal Reserve, arguing that Jerome Powell can delay—but not ultimately prevent—the return of aggressive stimulus under a Trump administration. Bitcoin To $15 Million Possible Under Trump? From Jackson Hole, where markets are braced for Powell’s remarks, Hayes framed the near-term setup as a test of the Fed chair’s pride and independence in the face of overt political pressure. “Supposedly Powell is this Volcker 2.0… Do I think there’s a high probability that Powell sticks it out and just says f*** you to Trump and doesn’t cut just because he’s a human and human beings don’t like to be put in these sort of situations? Yes,” Hayes said. He added that while “ultimately the Fed will cut at some point,” the chair may refuse to signal imminent easing now precisely to demonstrate autonomy: “What a better way to prove that you are an independent monetary actor than to say no, I’m sticking with my guns.” That posture, however, only postpones what Hayes sees as the inevitable: an overtly inflationary policy mix once Powell is replaced or overruled. “Trump and Scott Bessent have laid out exactly what they want to do. Run it hot, inflationary,” he said, using the interview to expand a thesis he plans to publish next week on how Washington could weaponize stablecoins to finance the state while marginalizing the Fed’s control over front-end rates. In a line that doubles as both meme and policy critique, Hayes previewed his framing: “I changed the meme… it’s going to say it gets, you know, it puts the dollars on its skin or it gets the sanctions again.” Hayes contends the policy lever is straightforward: pull trillions sitting in the offshore eurodollar system into on-chain dollar stablecoins by withdrawing de facto guarantees for non-US bank branches and by deputizing US big-tech platforms to distribute yield-bearing dollar accounts globally—backed by Treasury bills. He estimates the total addressable pool at $10–13 trillion from eurodollars alone, with additional “foreign retail deposits” across emerging markets. Once that capital sits in stablecoins, he argues, the Treasury can place bills “at whatever price [it] wants, unconstrained by what Powell or whoever his successor does,” effectively neutering Fed funds while creating a “sink of tens of trillions of dollars” to finance deficits. The geopolitical enforcement mechanism, in his telling, is blunt: deny access to US financial rails—or sanction foreign elites—if local regulators resist. The market impact, he says, is unambiguously bullish for crypto. With on-chain dollars paying a modest yield, users can frictionlessly move into basis-trade tokens, spend with crypto cash cards, and post stablecoins as collateral across DeFi. “TVL… should go into the tens of trillions pretty quickly if… US monetary authorities follow through on this national policy of pro-stablecoin and let’s shove dollars to all these places in the world.” Against that backdrop, Hayes places Bitcoin at the apex of the risk spectrum. He calls it “the best performing asset in human history since it launched in 2009,” and rejects the idea that latecomers have missed the move: “I wouldn’t say that just because you’re coming in at 2025 and Bitcoin’s at 120,000 or whatever it is that you’ve missed the boat. We still have a long way to go.” Pressed on price, Hayes links the $15 million figure to a particular personnel outcome at the Fed: “If that guy [Zervos] gets in, you know, Bitcoin will be at like 15 million because he’s just going to do yield curve control, you know, printing money, immediate 300 basis point cuts.” While not a base case, the scenario illustrates his conviction that the political economy points to structurally looser policy—and structurally higher Bitcoin. In the immediate term, Hayes remains fully invested and is prepared to buy weakness around Jackson Hole. “If… Powell… doesn’t talk about cuts at all and market tanks 15–20%, I’ve got some extra cash and I’ll be going shopping.” At press time, BTC traded at $113,569.

Crypto markets move at breakneck speed, and Solana tops the charts in fast, low-cost token launches that can skyrocket in hours – and then fade away just as quickly. Traders who act swiftly gain an edge, yet the biggest hurdle is recognizing momentum before it’s too late. Enter the Solana Volume Bot, a powerful AI-based tracker that gives traders first-mover insight into surging activity. Spot market moves before the mass alerts and get ahead of the competition. Volume as the Leading Signal of Market Momentum Solana dominates DEX volume, widening its lead over Ethereum throughout mid-2025. In July alone, Solana recorded $124B in DEX volume – 56% more than June – and surpassed Ethereum for the tenth straight month. Bots accounted for 62% of that volume, a testament to how automation now powers much of Solana’s trading activity. Traders are deploying more automation tools and bots than ever – but the process isn’t perfect, and a high rate of failed transactions indicates the presence of bot-driven activity. Ironically, the dominance of bot-driven trading makes the Solana Volume Bot even more necessary, as tracking real-time volume spikes – not just price movements – is crucial. The Solana Volume Bot does exactly that, letting you react to bot-driven flows while the crowd still sleeps. How It Works: Intelligent, Realistic Volume Simulation The bot deploys AI-powered tracking across major Solana DEXs, including: Raydium Meteora Pump.fun LetsBonk It isn’t just Solana, either; the Volume Bot also supports BSC, Base, and custom AMMs. The Solana Volume Bot injects organic-looking volume from fresh wallets. That means each trade originates from a unique address in order to mimic real retail behavior and avoid detection by DEX anti-bot filters. Trade size, timing, and frequency are randomized. As campaigns execute, traders can read the market while strategically boosting select tokens to achieve preset goals. Designed for Traders & Launch Teams Alike For traders, the bot produces real-time alerts for newly launched tokens hitting volume thresholds or trending on DexScreener. For project teams, the volume bot can produce instant visibility and trending status post-launch without requiring technical deployment. The interface runs through a one-click Telegram setup and includes options like 100K, 500K, 1M, or 10M+ volume packages. Unlike other bots, the Volume Bot isn’t focused on price movements. That’s because price movements often follow volume – and by deploying a bot to influence volume increases, traders can exert pressure on token price. The Solana Volume Bot gives traders greater control than they would otherwise have, without compromising natural market patterns. In fact, the tool works best when using bot-driven volume in tandem with real promotions and transparency to build trust. Recent Momentum & Industry Response With Solana’s ecosystem booming with real value throughput and DEX volumes skyrocketing in the first half of 2025, the competition for attention is fierce Automated tools are essential in Solana’s rapid environment, but not all bots are created equal. Responsibly designed mechanisms like the Solana Volume Bot, focused on organic-looking triggers and ethical disclosure, can carve out a unique space in Solana’s fertile ecosystem. Ready to make your move? Start tracking real, dynamic trading momentum across Solana and beyond. Opt into your free 25-transaction trial now, and begin spotting momentum from the very first block. As always, do your own research; this isn’t financial advice.

Coinbase CEO Brian Armstrong says Bitcoin could hit $1 million by 2030 as he cites US regulation, institutional demand and shrinking risks. While on the ‘Cheeky Pint’ Podcast on 20 August 2025, Armstrong said, “The rough idea I have in my head is, we’ll see a million dollar Bitcoin by 2030 and there’s high error bars around these things. To give you a couple of data points -we’re starting to see regulatory clarity emerge in the US, which I think is a bellwether for the rest of the G20. You have The GENIUS Act passed for stablecoins. This market structure bill is being debated in the Senate – fingers crossed something could happen by the end of this year.” According to the Coinbase CEO, eventually as stocks get tokenized and people will want to get a loan, they’ll use crypto without even really knowing it. “It’s like they may not know how electricity works, but they can turn on a light switch,” he said. While Jack Dorsey and Cathie Wood have both floated $1 million or higher by 2030, market voices including Anthony Scaramucci suggested shorter-term upside into the $180,000-$200,000 range within months. Armstrong’s call comes as Bitcoin trades near record territory. BTC recently set new all-time highs above $124,000 before returning to the mid-$110,000s. BitcoinPriceMarket CapBTC$2.26T24h7d30d1yAll time Explore: Up to 18 Democrats Could Back Senate Crypto Bill “Bitcoin Will Eventually Be Bigger Than Gold” “Bitcoin has a store of value that’s inflation-resistant,” said Armstrong. “It’s not to be underestimated. That’s also a $20 trillion opportunity with gold as a comparable—but better than gold.” Armstrong insisted that Bitcoin will “eventually be bigger than gold.” “If that’s all crypto ever was, that’s already enormous,” he said. “But we’re starting to see borrowing and lending, capital formation.” Armstrong also highlighted a sovereign engagement and a US Strategic Bitcoin Reserve as signs that existential risks to Bitcoin are receding. DISCOVER: Best Meme Coin ICOs to Invest in 2025 “Congress is really good at doing two things – nothing and overreacting in moments of crisis” After trying to make progress in DC and after trying to advocate for legislation, Armstrong said he realized that “it’s kind of rare for Congress to act.” “We realized that a certain point we had to generate a political will to do this and we had 50 million people in the US who had used crypto. We said, “Let’s try to get them organized.” We got 2 million of these folks in the US to raise their hand and say they wanted to elect pro-crypto candidates. I remember I was talking to our policy team and I said, “let’s put a scorecard A to F of every politician in this upcoming election ( last November.)” DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Key Takeaways Armstrong’s call isn’t an outlier anymore—but it still depends on a sequence of policy, market, and macro developments breaking in Bitcoin’s favor over the next five years. For now, the signal is clear: more blue-chip voices are publicly anchoring decade-end scenarios in the seven figures, and they see 2025’s regulatory milestones as an inflection point for the asset’s next phase. The post “We’ll See $1 Million Per Bitcoin By 2030,” Says Coinbase CEO Brian Armstrong appeared first on 99Bitcoins.

Harvard economist Kenneth Rogoff, who declared in 2018 that Bitcoin was more likely to crash to $100 than rally to $100,000, has returned. He indirectly admitted he was wrong and outlined reasons why his prediction fell through. Harvard Economist Breaks Silence On Missed Bitcoin Prediction In an X post, Rogoff identified himself as the Harvard economist who said that Bitcoin was more likely to be worth $100 than $100,000. He then went on to comment on what he missed when he made this prediction. First, the economist said that he was far too optimistic about the U.S. coming to its senses about sensible crypto regulation. Rogoff, who was the former chief economist of the International Monetary Fund (IMF), indicated that the Donald Trump administration has gone about Bitcoin and crypto regulation in the wrong way. He questioned why policymakers would want to facilitate tax evasion and illegal activities, likely in reference to regulations such as the GENIUS Act, which have provided regulatory clarity. It is worth mentioning that one of the reasons the Harvard economist had predicted that Bitcoin was more likely to go to $100 was based on his belief that government regulation would trigger lower prices. He had made this prediction when BTC was trading at around $11,000. Rogoff claimed back then that the flagship crypto needed global regulation to crack down on its use for money laundering. The former IMF chief believed that if this regulation took away the possibility of money laundering and tax evasion, then Bitcoin’s actual use cases for transactions were very small. As such, he was banking on BTC lacking any demand, which would drive its price lower rather than higher. However, that hasn’t been the case as government regulation has only boosted Bitcoin’s demand. The flagship crypto rallied to $100,000, a price level Rogoff said it won’t reach, for the first time last year following Donald Trump’s victory. Meanwhile, BTC has reached new highs on the back of regulatory clarity, including its rally to a previous all-time high (ATH) just before the passage of the GENIUS Act last month. Further Reasons For The Missed Prediction The Harvard economist also stated that he did not appreciate how Bitcoin would compete with fiat currencies to serve as the transaction medium of choice in the $20 trillion global underground economy. He further remarked that this demand puts a floor on its price. In addition to being a transaction medium of choice, BTC has also gained a reputation as a store of value, which has created demand for it among traditional finance (TradFi) investors. These investors have gained exposure to Bitcoin mainly through the ETFs. Interestingly, Harvard recently revealed a $117 million stake in BlackRock’s BTC ETF. Lastly, Rogoff said that he did not anticipate a situation where regulators, especially the regulator in chief, would be able to brazenly hold hundreds of millions or even billions of dollars in crypto without consequence, considering the “blatant conflict of interest.” At the time of writing, the Bitcoin price is trading at around $113,600, up in the last 24 hours, according to data from CoinMarketCap.

Wall Street economists have been scratching their heads over Bitcoin and crypto, calling them non-textbooks puzzle and confusing. They, traditional economists, are used to centralized systems, where banks and governments call the shots.Bitcoin nature, running without a middleman, has likely retracted their hairline. Bitcoin has been challenging old ideas, while Economists lean on fiat systems, where value comes from trust in institutions. Crypto, however, flips this as its fixed supply defies inflationary policies, making it a hedge against central bank overreach. This overreach mostly disrupts Wall Street, not causes confusion. BitcoinPriceMarket CapBTC$2.26T24h7d30d1yAll time DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year Bitcoin Is Not Confusing, And Wall Street Might Be Wrong Wall Street’s finest are struggling to grasp currencies that have no one in control. Crypto and Bitcoin use blockchain as a public ledger. Every crypto transaction is verified by miners globally, not a single authority. This decentralization cuts costs, speeds up cross-border payments, and sidesteps bureaucratic red tape in traditional finance. Economists, trained in regulated markets, find this lack of oversight baffling. Yet, it’s why Bitcoin thrives, as nobody can manipulate and bring a confusing outcome. Crypto leads by Bitcoin sees this as a feature, not a flaw. Wall Street confusion likely deepens with Bitcoin price swings. Economists use to see volatility asinstability, but it is actually happening because adoption cycles and market sentiment. Though, not all Wall Street institutions find it confusing, players like BlackRock has now hold Bitcoin via ETFs. This ETFs is helping crypto becomes more legit. Some of Wall Street Economists are missing on Bitcoin as they are stuck on old financial models. Decentralization empowers users and holders, not banks, and that shift scares the establishment. Imagine a world where what happens to a country’s currency is decided by the people, the holders of the money, not the government. That is crypto, which lets people make decisions through a DAO or Decentralized Autonomous Organization. While economists debate, Bitcoin and crypto keep growing, proving their value through utility as digital gold or oil. Wall Street will catch up, and Bitcoin won’t wait; crypto will thrive as adoption grows. -Follow 99bitcoins live feed here for the latest Bitcoin and Crypto news.- DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 1 hour ago ETH USD Hit Bottom: Reversal Coming? By Akiyama Felix ETH has been trading around $4,300 against USD since yesterday, a follow-the-pattern bounce after a dip to the $4,000 area earlier this week. Ethereum is consolidating after testing key supports, just like Bitcoin did after Germany sold the country stake. Right now, though, smart analytics are pointing to a potential local bottom after for ETH ▲1.45%. Based on technical patterns and institutional flows, the next pump could be imminent. EthereumPriceMarket CapETH$517.47B24h7d30d1yAll time DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year Read the full story here. The post [LIVE] Bitcoin Is Confusing Says Wall Street Economists: How Decentralization Beats Traditional Finance appeared first on 99Bitcoins.

Dogecoin is getting a lift with news of a $153.8 million deal as Thumzup Media Corporation will acquire Dogehash Technologies with its shares, marking one of the most significant transactions in the Dogecoin ecosystem to date. With Thumzup’s digital-asset strategy and Dogehash’s large-scale mining operations, the two companies are setting the stage for a robust expansion. A $153.8 Million Deal To Build The Biggest Dogecoin Miner The agreement between Thumzup Media and Dogehash Technologies comes with a clear goal: to build the world’s largest Dogecoin mining platform. The multi-million dollar all-stock deal will create a new company called Dogehash Technologies Holdings, Inc.. Once finalized, this new entity will trade on the Nasdaq exchange under the ticker XDOG. Thumzup has strong skills in digital money and ways to grow it, while Dogehash has many years of experience running large mining operations. By joining forces, Thumzup and Dogehash could combine their skills and resources to grow much bigger than they could alone. Through the merger, the company can now enter Nasdaq’s public markets, where new investors may step in to support Dogecoin. Backed by the million-dollar all-stock deal, the new entity could use Thumzup’s growth expertise and Dogehash’s mining strength to secure a leading position in the Dogecoin mining sector. As a result, Dogecoin, one of the most popular meme coins in the world, may see more mining activity. Expanding Mining Power With A Green Energy Push Dogehash Technologies currently operates approximately 2,500 Scrypt ASIC miner machines, which mine Dogecoin (DOGE) and Litecoin (LTC) daily across North America. But the company is not stopping there. Over the next two years, Dogehash plans to add renewable-energy-powered data centers to the mix, expanding its mining fleet through 2025 and 2026. Since electricity accounts for most of a miner’s expenses, this strategy could make Dogehash more competitive in the long run. Dogehash could increase its mining capacity by using cleaner energy while reducing its environmental footprint, an approach with the potential to make it one of the leaders in sustainable crypto mining, a growing concern in the digital asset industry. Dogehash plans to roll out DogeOS, Dogecoin’s Layer-2 protocol, to make mining more efficient. DogeOS lets miners earn extra rewards through DeFi tools like staking and liquidity pools, on top of regular block rewards. For miners, that means more ways to boost returns; for the Dogecoin network, it means more substantial support and more activity. These tools will provide Dogehash with numerous opportunities to expand its earnings and participate in various financial products associated with mining. The company will not only look for ways to increase its mining profits but also explore other revenue streams that can add to its strength. With these steps, Dogehash Technologies Holdings could extend beyond merely creating more coins and develop a more robust and reliable system that supports the Dogecoin community and provides users with long-term value.

The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 147.87, up 0.39% on the day. Japan's inflation expected to continue slowingJapan releases the July inflation report on Friday. The markets will be especially interested in the core rate, which is expected to ease to 3.0% y/y, from 3.3% in June. Core CPI includes energy but excludes fresh food Core CPI has remained above the Bank of Japan's 2% target for over three years but the central bank has been slow to raise interest rates. BoJ Governor Ueda has said that the Bank will not raise rates until underlying inflation, which is generated by domestic demand and wages, is sustainably at 2%. The BoJ raised rates to 0.5% in January but took its foot off the rate-hike pedal when Donald Trump became President and imposed a hard-hitting tariff policy which shook up the financial markets. Now that the US and Japan have reached a trade agreement and greatly reduced the uncertainty over tariffs, a major obstacle to raising rates has been removed. Fed minutes point to dissension The Federal Reserve released the minutes of the July meeting on Wednesday. The Fed's decision at the meeting to maintain rates was widely expected but the meeting made headlines when two FOMC members went against the majority and voted for a rate cut. This was the first time in over 30 years that more than one member voted against a rate decision. The minutes reflected this dissension, noting the differing views on the Fed's dual mandate of inflation and employment. The economy faces an upside risk to inflation and a downside risk to employment, complicating rate decisions. At the meeting, the majority judged higher inflation as the greater risk while the minority believed that the deterioration in the labour market was the greater risk. The Fed is widely expected to lower rates in September, after holding rates since December 2024. USD/JPY USD/JPY has pushed above resistance at 147.33 and is testing 147.79 Above, there is resistance at 148.28146.84 and 146.38 are providing support USDJPY 1-Day Chart, Aug. 21, 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.

This is a follow-up analysis and update of our prior report, Nasdaq 100 Technical: Eyeing a new fresh all-time high, supported by momentum and flattening US Treasury yield curve, published on 7 August 2025. The price actions of the US Nasdaq 100 CFD Index (a proxy of the Nasdaq 100 futures) have staged the expected bullish move, hit the first medium-term resistance level of 23,890, and printed a fresh all-time high of 23,986 on last Wednesday, 13 August. Thereafter, it staged a decline of -4.2% over five trading sessions to record an intraday low of 22,970 on Wednesday, 20 August, due to overvaluation risk as the Nasdaq 100 has surged the most by 38% among the benchmark US stock indices since 7 April, ex-post US “Liberation Day” tariffs announcement. In addition, the fear of an Artificial Intelligence (AI) bubble has resurfaced, where OpenAI CEO Sam Altman warned of an AI bubble last week, adding that some AI start-ups with “three people and an idea” have received funding at such high valuations. Fundamental and technical signals suggest the Nasdaq 100’s major uptrend remains intact, with the latest pullback viewed as a minor correction rather than the start of a broader downtrend. AI bubble fears overblown Fig. 1: Nasdaq 100 12-month forward EPS growth & PE Ratio as of 20 Aug 2025 (Source: MacroMicro) The 12-month forward earnings per share (EPS) growth of the Nasdaq 100 have only just started to improve in the past three months, after it dropped from 30.8% y/y recorded in May 2024 to 12.5% y/y in May 2025, before it rebounded to 14.6% y/y in August (see Fig. 1). Even though the valuation of the Nasdaq 100, measured by the 12-month forward price-to-earnings (PE) ratio, has increased to 27.15 in August after the 38% rally ex-post US “Liberation Day, its forward PE ratio is still below the prior peak of 31 printed in January 2024. Hence, with EPS growth improving and the PE ratio below the prior peak, the Nasdaq 100 still has “ammunition” to potentially scale higher highs. Fig. 2: US Nasdaq 100 CFD Index minor trend as of 21 Aug 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bullish bias with key pivotal support at 22,960/22,945 with intermediate resistances at 23,420 and 23,660. A clearance above 23,660 is likely to increase the odds of a potential fresh bullish impulsive up move sequence for the next resistance to come in at 23,930 (current all-time high area) in the first step (see Fig. 2). Key elements The recent five days of decline have stalled at the 50-day moving average, the pull-back support of the former upper boundary of the long-term ascending channel from the March 2020 low, and the 76.4% Fibonacci retracement of the prior up move from the 1 August 2025 low to the 13 August 2025 high.The 22,960/22,945 is a key inflection zone of the US Nasdaq 100 CFD Index where a potential bullish reversal may occur.The hourly RSI momentum indicator has staged a bullish breakout above a former parallel descending resistance after it dropped to an oversold condition on Wednesday, 20 August. These observations suggest that the prior bearish momentum has started to ease.Alternative trend bias (1 to 3 days) The key near-term risk event will be the US Federal Reserve Chair Powell’s speech at the Jackson Hole Symposium on this Friday, 22 August, for hints on whether Powell will shift to the dovish camp from his current staunch “wait and see” approach on US monetary policy. A break below the 22,945 key support invalidates the bullish tone and puts the medium-term uptrend phase in jeopardy to open the scope for an extension of the corrective decline to expose the next supports at 22,680 and 22,420. 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.

ETH has been trading around $4,300 against USD since yesterday, a follow-the-pattern bounce after a dip to the $4,000 area earlier this week. Ethereum is consolidating after testing key supports, just like Bitcoin did after Germany sold the country stake. Right now, though, smart analytics are pointing to a potential local bottom after for ETH ▲1.45%. Based on technical patterns and institutional flows, the next pump could be imminent. EthereumPriceMarket CapETH$517.47B24h7d30d1yAll time DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year ETH to Blast as High as 15K Against USD ETH USD has been in a price breakout from a two-year downtrend, but the weekly chart has been flipping structure since July. The EMA 5/10/30 has crossed the bullish line for the first time since 2022. MACD is turning positive in higher timeframes, especially with the huge volume that has subsided the selling pressure. On balance, the huge trading volume has avoided new lows, a pattern of downside exhaustion. Spot ETF inflows is still going strong, with institutions like BlackRock adding over 65,000 ETH last week. ETH/BTC pair appears bottomed at 0.018 area last April, and now it’s pushing toward 0.04 resistance. A pump above this will give altcoins strength, and eventually leads to a full blown bull run. (ETH/BTC) The falling wedge pattern on the daily chart has broken upward, targeting above $4,800 for a new ETH USD all-time high. Even trading options data shows heavy calls at $5,000 for the next month’s expiry. Once ETH USD reclaims the $4,560 area, it will set up for higher prices, which confirms an inverse head-and-shoulders formation for a bounce higher than $5,000. (ETHUSD-Inverse HnS) However, August is historically a bearish month for ETH, with some years closing at -60%. Again, however, the potential Fed rate cuts will force an ultrabullish period for crypto. Standard Chartered even eyes $7,500 ETH USD by year-end, while some project $8,000 to $15,000 amid ETF approvals. Institutional demand is something that we should never forget. ETH USD bottom has been established. Altseason will follow once ETH goes. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy This Year DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways ETH has been trading around $4,300 against USD since yesterday. ETH USD has been in a price breakout from a two-year downtrend, but the weekly chart has been flipping structure since July. The post Is The Bottom In For ETH USD? Analyst Predicts Ether Heading For Breakout appeared first on 99Bitcoins.