Redator

As you might have heard, Qubic, the AI-focused blockchain project, was behind Monero’s 51% attack, which allowed them to gain majority control over its network. Well, the community is back at it again – and this time they have Dogecoin (DOGE) in their sights. This time, answering to Qubic’s founder, Sergey Ivancheglo’s post on X about which ASIC-enabled proof of work blockchain the community should target next. Some big names were thrown into the mix, including Dogecoin, Kaspa (KAS), and Zcash (ZEC). On 17 August 2025, Ivancheglo, also known as Come-from-Beyond, shared in an X post that the community voted to pursue the memecoin king, Dogecoin. EXPLORE: 10+ Crypto Tokens That Can Hit 1000x in 2025 DOGE Price Chart In The Red After Qubic Targets Dogecoinc With its market capitalisation of $35Bn, Dogecoin is firmly on Qubic’s radar, accumulating 300 votes, eclipsing the other contenders’ total tally. Currently, Dogecoin’s price is trading in the red. The memecoin is in a sharp decline as of this writing, slipping more than 5%, bringing it closer to its critical $0.21 support. This decline occurred after users discovered Qubic’s targeting of Dogecoin. (DOGEUSDT) On-chain and derivatives data further reinforce the current bearish sentiment as DOGE holders incur losses and short positions gain traction among traders. Santiment’s Network Realised Profit/Loss (NPL) indicator, which measures market pain, slid from 2.68 million to -271.41 million between 14 and 15 August, indicating holders are realising losses and increasing selling pressure. (Source) This is the lowest dip that the indicator has recorded since July 2022. Moreover, Coinglass’s long-to-short ratio hit 0.79 on 18 August 2025, its highest in over a month, signalling a bearish sentiment as traders scramble to position for a decline in Dogecoin’s price. Dogecoin saw an 8.58% pullback on 14 August 2025, facing resistance at the $0.24 daily level. It found support near $0.21 from where its price rebounded 4.6% through Sunday. The memecoin is currently trading at around the $ 0.22 level. A slide down its support at $0.21 could lead to further downturns, with key support resting at $0.18 level on the weekly chart. (DOGEUSDT) Momentum indicators show market uncertainty. While the daily RSI hovers at a neutral 50, the MACD lines converge, suggesting market indecisiveness. EXPLORE: 20+ Next Crypto to Explode in 2025 Qubic’s Reasoning Behind Monero Attack: “A lot of electricity is burned for useless #POW” Qubic’s mining pool achieved a six-block reorganisation following a month-long standoff with Monero miners. At the time of this writing, it commands a hash rate of approximately 2.32 Gh/s, currently the most powerful on the Monero chain, according to MiningPoolStats’s data. After the takeover, Qubic announced that Monero’s core features, such as privacy and transaction speeds, remain uncompromised. However, it spelled out its end goal: to provide Monero’s security by Qubic miners. When asked about the reason behind his attack on Monero, Ivancheglo said on X, “A lot of electricity is burned for useless #PoW, we need that electricity for #AI.” Qubic’s aggressive scaling strategy has caused quite the stir in the proof-of-work landscape. It is now going after established blockchains to test their limits. While Dogecoin is a significantly larger fish to fry, Qubic’s miner community has approved this project. EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025 Key Takeaways Qubic miners are now going after established blockchains like Dogecoin Qubic wants Monoero’s security to be provided by Qubic miners DOGE price is in the red after this announcement and has slipped more than 5% today The post Qubic Targets Dogecoin After Monero’s 51% Attack appeared first on 99Bitcoins.

There were a few signals traders could have spotted ahead of the ongoing selloff. After last Friday's warning from Bitcoin, with an all-time high leading to a direct retracement, the crypto market has started to make its way off its most recent highs. Ethereum staged a huge rally toward its record levels, but buyers failed to break through the $4,870 all-time high—a sign of hesitancy from the market that sellers enjoy. Altcoins were also a bit timid on the last leg of the rally showing some lack of depth in buying. And with cryptocurrencies still firmly in the risk-asset camp, renewed geopolitical headwinds (including uncertainty with the Russia-Ukraine war) are giving investors further reasons to cash out from the rallies. Let's see through BTC and ETH intraday charts if this should keep on going or if this is just a small retracement in the longer-term trend. A follow-up from our most recent crypto piece: Imminent profit-taking in Cryptocurrencies – What's the story Read More: Gold (XAU/USD) Hovers at $3350/oz, Russia-Ukraine Developments in FocusBitcoin 8H Chart Bitcoin 8H Chart, August 18, 2025 – Source: TradingView Bitcoin is $9,000 (7.20%) from its most recent ATH at $124,269, with the shape of the most recent highs appearing as a double top. Despite this warning sign, the ongoing 8H candle is showing a doji-indecision as shorter timeframes enter oversold territory. The current candle appears as dip buyers try to re-enter at the upward trendline that has served as support since the end of April. Prices are located right between the 50 and 200-period MAs – showing that the action is much less balanced than the previous uptrend. Levels to watch for Bitcoin trading: Levels for BTC trading: Support Levels: $114,500 to $115,500 rebound at the current supporting trendline$110,000 to $112,000 previous ATH support zone (MA 200 at $111,350)$100,000 Main support at psychological levelResistance Levels: $116,000 to $117,000 Pivot50-period MA $117,330Major Resistance $122,000 to $124,500Current all-time high $124,596Ethereum 8H Chart Ethereum 8H Chart, August 18, 2025 – Source: TradingView Ethereum's outlook doesn't look as bleak, with the ongoing retracement hanging around the $4,200 to $4,300 consolidation zone (yellow box). With prices evolving in a current upward channel, sellers seem to have appeared at the higher bound just before the $4,870 2021 record. Buyers took the current rally to $4,790. As mentioned in the intro, a failure to breach the past highs is interpreted by sellers as lack of persistence from ETH bulls. Nonetheless, after reaching ultra-overbought levels, such retracements are healthy. Probability of a higher rebound from here are still decent as long as prices hold above the $4,000 pivot, and even higher probability if buyers take the short-term hand here. Levels for ETH trading: Support Levels: $3,500 Support zone$4,000 Main pivot (confluence with 50-period MA)$4,200 to $4,300 consolidation zone (currently testing)Resistance Levels: Current highs $4,793$4,700 to $4,900 All-time high resistance zone$4,870 2021 recordPotential resistance at 1.618% Fibonacci extension of April to July up-moveA look at the crypto Market Cap Total Market Cap Weekly Chart, August 18, 2025 – Source: TradingView The Total Crypto Market Cap is testing the 2024 highs. As long as profit-taking doesn't go below 3.50T, we can assume that this is just some healthy retracement instead of the beginning of a bear trend. Altcoins are retracing a bit more strongly, but this is common as they are the most risky of the already-risky crypto asset class. We will stay in touch frequently to see how this story develops. 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.

To this day, there is still an insane amount of mystery behind the actual creator of Bitcoin and the man behind the Satoshi Nakamoto alias. Now, Twitter founder Jack Dorsey is the latest high-profile figure to be put under the spotlight as a possible candidate for Bitcoin’s founder. From the likes of Hal Finney, Nick Szabo, Adam Back, to Craig Wright (LOL) and the ultimate crackpot theory that the CIA created Bitcoin, there have been multiple attempts at uncovering Bitcoin’s creator since its inception in 2009, to no avail. To this day, entire Twitter threads are created, as sleuths claim to have discovered Satoshi’s true identity. DISCOVER: 20+ Next Crypto to Explode in 2025 Could Jack Dorsey Be Satoshi Nakamoto? Jack Dorsey was born in 1976 in St. Louis. At just 15, he wrote a dispatch software used by taxi companies for years. He dropped out of college, moved to California, and by 2006, created Twitter. His first tweet has become an iconic phrase, reading: “just setting up my twttr.” Since the early 2010s, Dorsey has been an enormous proponent of decentralization. He admired cypherpunks like Adam Back. He wore RSA shirts in the 90s, long before the idea of Bitcoin even existed. And when BTC appeared in 2009, he became one of its earliest high-profile endorsers. In 2009, Jack Dorsey built Square, which started as a simple card reader. Under his leadership, the company rebranded to Block in 2021 and quickly became one of Bitcoin’s most prominent corporate supporters. Dorsey’s endorsement of Bitcoin from within his business dealings came long before 2021, as Block (Square at the time) integrated BTC into its Cash App in January 2021 and, around the same time, began funding open-source blockchain developers with Block’s Bitcoin arm, Spiral. In a Bitcoin TV podcast with Strategy (formerly Micro Strategy) founder Michael Saylor, Jack Dorsey said Bitcoin will “unite a divided world”, going as far as saying that fixing money could even bring world peace. DISCOVER: Top Solana Meme Coins to Buy in August 2025 Many Mysteries And Coincidences Fuel The Dorsey Being Satoshi Theories In 2009, the year Bitcoin was created, the intriguing mystery began regarding the theories that Jack Dorsey is Satoshi Nakamoto. Around this time, many people started noticing strange overlaps with Dorsey’s life. To begin, the first Bitcoin transaction was on Dorsey’s mother’s birthday, and the last block Satoshi ever mined was on his father’s birthday. Finally, the Satoshi BTC forum account was created on November 19, Dorsey’s own birthday. Also in 2009, Satoshi once entered an IRC channel without masking his IP, which traced back to California. At that time, Dorsey was living and working in San Francisco, California. Then, five years later, in 2014, a hacker of Satoshi’s email claimed he was from St. Louis, which is, coincidentally, Jack Dorsey’s hometown. There are more, smaller nuggets of information that support the theory. For one, Dorsey is believed to have worn Adam Back’s RSA shirts throughout the 90s. Dr. Adam Back originally introduced the RSA shirt design in 1995 in protest of the US government classifying the RSA encryption code as a munition and illegal to export to non-US citizens. The shirt featured a five-line encryption software program on the front and clauses from the US Bill of Rights on the back. By doing so, he had shown the importance of code as free speech. Finally, Jack Dorsey is alleged to have traveled to Japan weeks before Bitcoin.org was registered, and he wrote in 2001 about “leaving a mark on the world without leaving a trace,” which is seen by many as exactly what Satoshi Nakamoto intended with his creation of Bitcoin. Dorsey Himself Has Refuted Claims That He Is Satoshi.. Kind Of Jack Dorsey mostly denied speculation that he is the infamous Bitcoin creator. In a 2020 podcast interview with Lex Fridman, he smiled and said, “No. And if I was, would I tell you?” Many experts agree and have dismissed the theory as a pure coincidence. Those who refute the Dorsey being Satoshi suggestions are quick to point out that, unlike most cypherpunks of his era, he was an extremely public individual who posted what he was up to on nearly an hourly basis. To put into context, around the time Bitcoin was officially launched (2009 and 2010), Jack Dorsey posted over 6,200 tweets, providing a significantly larger dataset to work with compared to Satoshi, who created fewer than 1,000 timestamped events during the same period. During that same period of 2009 & 2010, Jack Dorsey was not only Chairman of the Board of Twitter, but also the CEO of the then fledgling startup Square. He would have been an extremely busy person, not only overseeing multiple companies but also traveling around the world, meeting important people, doing press interviews, speaking at conferences, promoting philanthropic causes, and more. As a result, his activities do not fit the profile of someone who had the time and mental bandwidth to build an entirely new financial system from scratch while maintaining perfect anonymity. Dorsey is, nonetheless, another fun candidate for the man behind the Satoshi Nakamoto mask. EXPLORE: Best Meme Coin ICOs to Invest in August Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Satoshi Nakamoto Finally Uncovered? Is Twitter Founder Jack Dorsey Bitcoin’s Anon Creator appeared first on 99Bitcoins.

Chainlink recently launched its LINK reserves feature that allows it to channel its on-chain and enterprise fees into it. Data compiled on its website shows that it now has 109,663 LINK tokens in its reserves. Chainlink is quickly becoming the best altcoin to buy in 2025. With LINK currently trading for $24.6, the reserves are valued at over $2.8 million, and this number is expected to continue rising. Thus far, the strategy has been profitable, with the LINK cost basis being $19.65. ChainlinkPriceMarket CapLINK$17.12B24h7d30d1yAll time Chainlink Reserve Launched On August 7: Has Everything Changed For LINK Price? Launched on August 7, The Chainlink Reserve is being built up by using Chainlink’s Payment Abstraction protocol to convert off-chain and on-chain revenue into LINK. Introduced earlier this year, Payment Abstraction is an on-chain infrastructure that reduces payment friction by enabling users to pay for Chainlink services in their preferred form of payment, such as gas tokens and stablecoins. Payments are then programmatically converted to LINK using a combination of Chainlink services and decentralized exchange infrastructure. The Chainlink team has stated that it does not expect any withdrawals from the Reserve for multiple years, and so it is expected to grow over time. Crypto trader @CatfishFishy made a solid point regarding the new Chainlink Reserve and how it helps to eliminate the last remaining fud around LINK, especially in comparison to Ripple Labs and the XRP token. The trader said, “(Chainlink Reserve) Killed two biggest FUD uncertainties: Chainlink is a money-making machine already. Clear confirmation about no predatory, competing conflicts like Ripple Labs equity vs XRP token holders. Chainlink generates revenue from useful services -> LINK token buybacks & yield to stakers. Ripple makes 99% of its money from dumping XRP – Ripple buys companies for itself and its own Ripple stock. Future fees will be in the billions. Chainlink platform is needed by DeFi + TradFi more than any other protocol to deploy on-chain finance use cases at scale because no other protocol offers what Chainlink does.” DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Other Chainlink News And Announcements Boosting Positive LINK Sentiment Chainlink’s total value secured (TVS) on its platform continues to grow, reaching over $84 billion, with most of the funds allocated to Ethereum’s network. In addition, Chainlink has secured partnerships with some of the largest companies worldwide. Most recently, it announced a significant collaboration with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. (SOURCE) This partnership will enable ICE to utilize Chainlink’s technology to enhance its foreign exchange and metals trading. This is just one example of how Chainlink’s cross-chain interoperability protocol (CCIP) is being applied in the real-world asset tokenization industry. Meanwhile, demand for the LINK token remains high. Its futures open interest sits at $798.3m in the past 24 hours, after surging to a record $1.5 billion last week, a considerable increase from the year-to-date low of $421 million. Coinalyze data shows that the Chainlink OI (open interest) is up over 16% since yesterday, highlighting the strength and demand for LINK and strengthening its claim as the best altcoin to buy in 2025. (COINALYZE) Whales Are Stacking LINK And Price Action Is Bullish: Is Chainlink The Best Altcoin To Buy This Year? Whale accumulation has continued this month, with large investors now holding over 5.6 million LINK tokens. This represents an increase of more than 65% in just one month. Whale buying is often seen as a bullish indicator for a token, as it reflects strong demand from investors who have a significant stake in the market and the means to control the charts. The Relative Strength Index and the MACD indicators have continued to rise as bulls target the key resistance level at $27.18, its highest point since January this year. A move above that level will indicate a move toward the psychological resistance at $30. Incredibly, all of the TradingView moving averages show a buy signal, both EMA’s and SMA’s across 10, 20, 50, 100, and 200 day timeframes. With the majority of indicators flashing heavy buy signals for LINK, it is quickly cementing itself as the best altcoin to buy as we head deeper into 2025. While the majority of digital assets are red on a 7-day timeframe, LINK is up nearly 12%, highlighting its strength during this current dip. Chainlink has moved up to number 12 in the list of biggest cryptocurrencies by market cap, overtaking wrapped Bitcoin (wBTC) and Lido’s wrapped Ethereum (stETH). LINK’s current market cap is around $16.5 billion, and many analysts call for It to become a top-five digital asset in the near future. Institutional usage coupled with the Chainlink Reserve program drives the LINK price higher. (TRADINGVIEW) EXPLORE: 10 Best AI Crypto Coins to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post Reserves Could Trigger a Chainlink Skyrocket: Is LINK The Best Altcoin to Buy in 2025? appeared first on 99Bitcoins.

Qubic’s mining group has picked Dogecoin as its next target after claiming it briefly gained majority control of Monero’s network, according to reports. The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17. Community Picks Dogecoin Based on reports, Dogecoin won the vote with more than 300 votes. Qubic’s founder, Sergey Ivancheglo, shared that Dogecoin beat out Zcash and Kaspa in a public poll. The project says its Monero pool reached a 51% share and that it currently runs about two point three GH/s of Monero hashrate. The group calls these moves “stress tests” and says they are meant to show how its mining model works, while also using pool profits to buy and burn QUBIC tokens. The group added it does not want to destroy networks. The technical claim has sparked debate in the Monero community. Some developers and miners question whether the pool ever held sustained, uncontested control. Others say the actions — which reorganized blocks — are proof the group can alter short stretches of chain history. Either way, the interruption was enough for Kraken to pause Monero deposits while exchanges and services assessed risk. What A 51% Attack Can Do A 51% attack lets the controller reorganize blocks or stop transactions. A group that controls more than half of a network’s mining power can rewrite recent blocks, halt certain transactions, or try double-spends. Qubic’s move showed it could force a small reorg on Monero. If a similar level of control were applied to Dogecoin, the effect could be larger because Dogecoin has a market capitalization above $35 billion. Still, Dogecoin benefits from merged-mining with Litecoin and runs at a much higher hashrate, so an attack would likely cost far more. Markets and exchanges reacted quickly. Prices moved on the news and custodial services tightened checks. Kraken’s decision to pause deposits underscored how exchanges will act fast when block reorgs or other threats appear. Users and traders faced increased short-term uncertainty. What To Watch Next Based on reports, the timeline is unclear but the issue raises bigger questions. Qubic has not given a clear timeline for any action against Dogecoin. Observers will watch for technical logs, more statements from the project, and any responses from Dogecoin and Litecoin developers. A Hostile Act? People will also be looking for proof that Qubic’s tests were non-destructive and for evidence about how long the pool actually held control. Most outlets call what Qubic did a 51% attack (a chain reorg), not a “hack” in the usual sense — but it’s still an attack on network consensus and many people treat it as hostile. Featured image from Meta, chart from TradingView

Gold prices have rallied from an overnight low around the $3323/oz handle to a high of $3360/oz before settling around the $3350/oz mark.The precious metal looks set to continue its choppy price action at the start of a busy week. The recovery in Gold from the overnight low could in part be down to lower US Treasury Yields with the benchmark 10Y US Treasury yield falling from its recent highs. Russia-Ukraine Developments as Trump and Zelensky Set to Meet European leaders will meet with Zelenskiy and Trump on Monday to discuss a possible deal to end the Russia-Ukraine war. Under the proposed plan, Russia would give up small areas of occupied Ukraine, while Ukraine would give up parts of its eastern region that Russia has been unable to take. These ideas were reportedly discussed by Putin and Trump during their summit in Alaska on Friday. The question moving forward will be whether a peace deal will have a significant impact on Gold prices. The Russia-Ukraine conflict has been running for the better part of three and a half years. It will be interesting to see how much risk premium has been priced into gold as a result and if there will be a significant selloff if a deal is struck. Either way, this is worth monitoring. US Dollar Index (DXY) Outlook The US Dollar Index was higher this morning ahead of what is shaping up to be a busy week. Geopolitical developments, Fed Speak and Jackson Hole are all in focus. The DXY continues to trade at a key confluence level as rate cut bets from the US Federal Reserve continue to change. Money markets now see an 83% chance that the Federal Reserve will lower interest rates by a quarter point next month. However, traders have become less certain about a rate cut after recent data showed higher U.S. wholesale prices and strong retail sales in July. Fed Chair Jerome Powell is set to speak about the economy and the Fed's plans at the Jackson Hole symposium from August 21 to 23. MUFG Bank predicts the Fed will cut rates in September but doesn’t expect Powell to clearly signal this during his speech. This will be Powell's last address at the conference before his term ends next May, as he balances the Fed's goals of keeping prices stable and unemployment low. A pivotal week for the greenback and one which could have implications for Gold prices as well. US Dollar Index (DXY) Source: Tradingview Gold Prices Moving Forward Gold prices continue to hold firm for now with downside potential limited thanks to a host of uncertainties still prevalent in global markets. Safe haven demand remains in play and this could in part explain Gold's resilience. The performance of Gold moving forward hinges on potential changes in rate cut bets as well as geopolitical developments. There is another concern for Gold prices. Given the rally over the last 18 months, Gold's value could lead to a pivot or rotation toward other commodities which continue to play catch-up to gold.So while we could still see some upside in gold, I’d say the bigger opportunity is elsewhere in commodities at this stage of the monetary-macro-metal cycle. Technical Analysis - Gold (XAU/USD) From a technical standpoint, on the two-hour chart below we can see that Gold has rejected of the 50-day MA. Price is however trading just above a key area of support as market participants seek clarity. The RSI Period-14 remains above the 50 neutral level which is also a sign of bullish momentum. Either way Golds next move will need a catalyst in either direction for a potential breakout. Immediate support rests at 3331 before the 3314 and 3300 handle came into foucs. A move higher first need acceptance above the 50-day MA before the 3361 and 3375 handles come into focus. Gold (XAU/USD) Daily Chart, August 18, 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 67% 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.

Crypto analyst Josh Olszewicz expects Bitcoin to endure a grinding, probabilistic market over the next six weeks before conditions improve into the fourth quarter, warning that September seasonality, softening momentum signals, and mixed ETF flow dynamics argue for patience rather than leverage. “The TL;DW is probably chopped and bearish near-term, bullish Q4,” he said in an August 18 video, adding that the path to a cleaner upside impulse is explicitly conditional on a handful of technical and flow triggers rather than a single catalyst. The Battle Lines Are Drawn For Bitcoin Olszewicz anchors the near-term roadmap in flows and seasonality. He wants “just nothing—just flatline on [ETF] flows for the next couple weeks and then four weeks of even worse,” arguing that a reset would “set us up for Q4.” While he noted, “We did have $550 million in a week, which is pretty good for any ETF… still a solid number… not zero,” he contrasted that with earlier, much larger weekly tallies and observed that corporate treasury buying—“still a lot of sellers obviously if price hasn’t gone anywhere”—has slowed from peak pace. The implication is not overt bearishness, but “time, not price”: either sharp pullbacks in names that ran or “dead sideways for six weeks.” On Bitcoin’s chart, Olszewicz reduces the debate to a well-defined line in the sand and a small set of Ichimoku- and trend-based triggers. “Since July… $121–$122,000 is still the imaginary line in the sand… a daily close above that level, I’m good with higher,” he said, adding, “Above $120,000 it’s easy. I like $150,000.” Until that break, he sees “chop” dominating. He identifies “the first signs of trouble” as “closing in the daily cloud and/or closing below the 20-week moving average—the yellow line there at $104,000,” and stresses the timing nuance: “If we get a close below the cloud in September, I’m a little less worried than if we get it in October.” A decisive slip late in Q3 rolling into Q4 would be more concerning. “If we close below $100k in October, then I’m closer to this cycle-over, no-more-cycles camp,” he warned, clarifying, “We’re far from that currently… there’s nothing here that’s bearish whatsoever—it’s just momentumless.” His preferred system-of-confirmation leans on the Ichimoku suite and a separate cloud backtest he tracks on the BTC daily chart. That model “caught [the] April move” early; at present it reads “okay,” but he outlines the precise sequence that would flip his bias: “You need first the bearish TK cross… and then a close in the cloud… then there’s a decent edge-to-edge trade.” It’s a decision tree, not a prediction: “It’s nuanced… if this, then that.” Macro timing could add friction in the interim. He points to Friday’s Jackson Hole appearance by Federal Reserve Chair Jerome Powell as the only obvious near-term “catalyst,” suggesting a hawkish tone—“not cutting, needing more data, needing more time”—would be a headwind. He also mused that “Trump may even announce his replacement before Powell speaks… just to steal the thunder,” framing it as a headline-risk factor for risk assets, not a base case. Still, the larger macro backdrop—rising global money supply and debt—remains a structural tailwind for scarce assets, in his view: “That’s going to provide a nice cushion… as they keep printing money everywhere globally.” Waiting For The Q4 Seasonality Olszewicz emphasizes that this doesn’t preclude upside, but it does undercut the probability of trending continuation in the very near term. By contrast, he calls Ethereum’s positioning “horrific… for the long side,” even as ETH just printed a record ETF-flow week—an apparent paradox he resolves by distinguishing one-week surges from the “stream of continuous flows” that sustains trends. The comparison matters for Bitcoin because a broad-based crypto risk bid is harder to maintain if ETH’s positioning and overbought technicals stall leadership. Within Bitcoin’s own market structure, Olszewicz blends tactical caution with the longer-term thesis many cycle investors still hold. He flags that “August has been bullish” so far but notes the historical rarity of “six months in a row” of green closes, and he reiterates that traders looking for “high-conviction moves” with leverage should prefer to wait for signals rather than force exposure in “nothingness.” Conversely, for long-horizon holders, he cites the power-law corridor as a reason to avoid second-guessing unless the market fails badly into Q4: “If you think there’s a… 30–50% chance that we actually attempt a parabolic move past the midpoint of the power law… it’s probably just worth sitting tight as an investor and saying, okay, show it to me.” That framework also explains his tolerance for deeper retests without abandoning the larger uptrend. He repeats that there is “plenty [of] room to get angry and go down,” with the 20-week moving average and daily cloud serving as objective guardrails. A September cloud break is a warning; an October cloud break or an October close below $100k would be a far stronger statement about the cycle’s health. Until then, he expects a market “holding levels,” with $121,000–$122,000 as the trigger that would convert “dead momentum” into a genuine impulse. For Bitcoin traders, the takeaway is spare and unsentimental. There is no “magical setup” this week, and the statistically unfriendly month of September looms. The bullish path into Q4 exists, but it must be earned: In the meantime, Olszewicz’s baseline is either rangebound “nothingness” or opportunistic pullbacks that reset overheated pockets of the market. The contingency that flips that script is clear enough to write on a Post-it: maintain the cloud, defend the 20-week around $104,000, and close decisively above $121,000–$122,000. Only then, Bitcoin could target $150,000.” At press time, BTC traded at $115,069.

This is a follow-up analysis and update of our prior report, “Dow Jones Technical: Minor pull-back found support with bullish elements sighted in Caterpillar”, published on 4 August 2025. The US Wall Street 30 CFD Index (a proxy for Dow Jones Industrial Average futures) has kicked off the anticipated bullish impulsive upswing from the 1 August 2025 minor swing low of 43,335. It rallied by 2.9% from 4 August, surpassing the previous 43,100 record high in December 2024, and rallied to a new all-time intraday high of 45,283 on last Friday, 15 August’s Asian session, before it pulled back and closed at 45,032 at the end of the US session. Let’s now examine its latest medium-term (multi-week) directional bias from a technical analysis perspective. Fig. 1: US Wall Street 30 CFD Index medium-term trend as of 18 Aug 2025 (Source: TradingView) Fig. 2: Performances of major global benchmark stock indices from 11 Aug 2025 to 15 Aug 2025 (Source: MacroMicro) Preferred trend bias (1-3 weeks) Bullish bias above 44,420 key medium-term pivotal support for the US Wall Street 30 CFD Index, with the next medium-term resistances coming in at 45,660/45,730 and 46,180 (Fibonacci extensions) (see Fig. 1). Key elements The Dow Jones Industrial Average has managed to outperform its peers last week, recording a rally of 2.2% from 11 August 2025 to 15 August 2025, surpassing the S&P 500 (1.2%) and the Nasdaq 100 (0.8%). (see Fig. 2).The price actions of the US Wall Street 30 CFD Index have continued to oscillate above its 20-day and 50-day moving averages since 12 August 2025, reinforcing a medium-term uptrend phase.The 4-hour RSI momentum indicator of the US Wall Street 30 CFD Index is still hovering above the 50 level, which suggests a potential bullish condition for the US Wall Street 30 CFD Index.The financial sector, holding the largest weight of about 27% in the Dow Jones Industrial Average, stands to benefit from the recent steepening of the US Treasury yield curve. The 10–2 year spread widened from 0.4% on 1 August to a three-month high of 0.6% as of Friday, 15 August, a move that could boost banks’ net interest margins and, in turn, create a positive feedback loop for the Dow.Alternative trend bias (1 to 3 weeks) Failure to hold at the 44,420 key support negates the bullish tone for a slide to retest the next medium-term support at 43,925 (also the 50-day moving average). A break below it may trigger a deeper corrective decline to expose the major support zone of 43,335/43,130 (also the 200-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.

The success of Ethereum is boosting ecosystem tokens, including Arbitrum. Although ETH USD momentum appears to be fading, blue-chip tokens tied to the first smart contract platform are thriving. Among them, ARB crypto is on the verge of a major breakout, looking at the formation on the daily chart. From Coingecko, Arbitrum ranks among the top-performing coins, easily qualifying as one of the best cryptos to buy. In the last 24 hours, ARB ▼-1.06% is up nearly 10%, extending weekly gains to over 16%. At this pace, the token has added over 40% in the past two weeks, reversing July losses and pushing monthly gains to over 14%. Impressively, ARB has nearly erased losses from the past year. At spot rates, ARB USD is just 0.1% down year-to-date, pointing to buyers’ resilience. DISCOVER: 20+ Next Crypto to Explode in 2025 Bitcoin Dominance Falling, Arbitrum Bulls Absorb Supply The good news is that there are hints of an altcoin season forming. Over the past few weeks, Bitcoin’s dominance has been declining. Bitcoin accounts for 56.4% of the market, down from over 60% in June. Meanwhile, Ethereum and other coins are gaining ground. Ethereum now holds over 13% of the market share, up from less than 10% in early July 2025. (Source: Coinstats) As altcoins prepare to thrive, ARB may emerge as one of the best cryptocurrencies to invest in, despite token unlocks. In 2024, ARB crypto fell primarily due to token unlocks and an underperforming Ethereum. As ETH regains momentum, ARB is shaking off weaknesses. On August 16, 2025, 92.65 million ARB worth over $44 million were released. A similar amount hit the market on July 16, and another 92.65 million ARB will be released next month. (Source: Tokenomist) Monthly token unlocks will continue until 2027. While previous unlocks slowed bulls, ARB remains firm, suggesting buyers are optimistic about the future, a bullish indicator. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Arbitrum Bulls Determined, ARB Crypto May Spike 150% ARB crypto bullish, in a breakout formation Will Arbitrum lead the next altcoin season? Bitcoin dominance falling Arbitrum bulls absorb supply from ARB token unlocks The post Is Arbitrum Ready for a 150% Spike? ARB Crypto on the Brink of a Major Breakout appeared first on 99Bitcoins.

Crypto pundit XRP Avengers has declared that XRP can’t hit $1,000, a price level that has been discussed among community members. The pundit explained why he holds this belief, alluding to the altcoin’s market cap. Why XRP Cannot Hit $1,000 In an X post, the crypto pundit said that XRP cannot hit $1,000 based on the market cap. He noted that if the altcoin were to hit $1,000, which is impossible, its market cap would be 100 trillion, which is like 10 times the global GDP. XRP Avengers added that $10 is the max price that the altcoin can reach and that it would take ages for that to happen and require banks to almost solely use it for transactions. In line with this, the crypto pundit revealed that he is simply waiting for XRP to hit between $5 and $10 before selling, as reaching $1,000 is “genuinely impossible.” Market expert Tony Severino also explained that XRP cannot reach this price target even by 2030. He noted that a rally to $1,000 would make the altcoin four times Gold’s market cap and 15 times Apple’s market cap, which he considers impossible. Meanwhile, software engineer Vincent Van Code disputed XRP Avengers’ claim that the altcoin cannot reach $1,000. He stated that if holders purchased 99% of XRP for $1, for example, then the 1% being purchased for $1,000 each is indeed possible. The software engineer added that it doesn’t mean that the altcoin’s total supply needs to be multiplied by $1,000, but only the relatively small number of tokens that were purchased for this amount. Vincent Van Code remarked that anything in the world, including XRP, can have any value, as all that matters is there being a market for it. Analyst Doubles Down On $1,000 Prediction Crypto analyst BarriC has doubled down on his prediction that XRP can hit $1,000 following XRP Avengers’ remarks. In an X post, he noted that the altcoin’s price action has only ever existed within the parameters of an altcoin season and the 4-year cycle. The analyst added that there is no historical data on what a utility run will look like for any crypto. Therefore, BarriC remarked that claims that XRP can never hit $1,000 are completely false. The analyst further claimed that it makes logical sense that the altcoin could reach this price level if every bank around the world adopts and utilizes it. When that happens, he expects trillions of dollars to flow directly into and through XRP. At the time of writing, the XRP price is trading at around $2.98, down over 4% in the last 24 hours, according to data from CoinMarketCap.

Overview: The US dollar is mostly consolidating today in quiet turnover. Among the G10 currencies, the dollar-bloc, which underperformed before the weekend, are firmer today, while the other G10 currencies are softer. The focus is not so much on data today but on the meeting in the White House with Ukraine's Zelensky and the European leaders to discuss the outcome of the President Trump's talk before the weekend with Putin. Apparently, Putin wants all of the Donbass territory, even the part he has not taken. Trump had threatened tough sanctions if a ceasefire was not agreed. There is no ceasefire and there have been no new sanctions announced. While Europe continues natural gas from Russia, and the US has not stopped trading with Russia completely, and China is the second largest buyer of Russian oil after India, only India has been sanctioned. White House adviser Navarro condemned India in an op-ed piece in the Financial Times. India is now paying a higher tariff than China. India is so insulted that Prime Minister is seeking to mend ties with Beijing. Asia Pacific equities were mixed, but mostly firmer. Although the Hang Seng and mainland companies that trade there fell, the CSI 300 rose to new highs for the year, and the Shanghai Composite reached its best level since 2015. On the other hand, South Korea's Kospi was tagged for 1.5%, dragged lower by the chip sector. Europe's Stoxx 600 is nursing a minor loss after slipping slightly before the weekend. US index futures off trading around 0.1%-0.15% lower. Benchmark 10-year yields are mostly 2-4 bp lower in Europe, though the 10-year Gilts is a slight laggard and Italy's yield is off five basis points. The 10-year US Treasury yield is down 2.5 bp to about 4.29%. It has risen in eight of the past nine sessions. Gold has traded on both sides of Friday's narrow range. The pre-weekend high was slightly shy of $3349 and a close above there would be constructive. October WTI is firm now (~$62.50), but only after it initially slipped to a three-day low near $61.65. Last Friday's high was around $63.25. USD: The Dollar Index is consolidating inside last Friday's range, which was inside last Thursday's range (~97.63-98.32). The session high, slightly above 98.00, was seen in early European turnover. Initial support now may be in the 97.80 area. The combination of last week's PPI reading, June-July retail sales data, and some official comments saw the market rein in some of the speculation of a 50 bp cut next month. Many were so taken by downward revisions in the recent jobs report that they forgot Fed Chair Powell's guidance that give weaker supply of workers (see immigration policy) and the slower hiring, the unemployment rate is key because it measures the relative strength of the supply and demand. In the middle of last week, the Fed funds market was pricing in a small chance of a 50 bp cut, but by the end of the week it had returned to where it was on Monday, slightly less an a 90% chance of a quarter-point cut, which slightly less of a chance see on August 8 and virtually unchanged from what prevailed om August 1 after the employment data. The Dollar Index frayed the trendline drawn off the July lows. It is found slightly above 97.80 today. A break would target the low from late July near 97.10. That said, with the Dollar Index having come down around 2.6% since August 1, and the market nearly completely pricing in a quarter-point cut, and the light economic calendar this week, the Dollar Index may spend most of the week consolidating. EURO: The euro's low last week was set on Monday slightly below $1.16. It reached $1.1730. It is consolidating today between roughly $1.670 and $1.1715. The down trendline connecting the July highs is near $1.1745 today. A move above it sets up a test on the high from late July in the $1.1780-90 area. We are also monitoring the US two-year premium over Germany It has was last above 200 bp in late July, but is now below 180 bp. The low for the year was recorded in early March, near 167 bp. With Q2 GDP out of the way, today's June trade figures understandably had minor impact. The trade surplus averaged 15.6 bln euros a month in the first half. The average in H1 24 was about 17.0 bln euros. Recall that after Russian invaded Ukraine in 2022, the disruption saw it run a huge deficit in H1 22 (average monthly deficit was 25.8 bln euros). It was still in deficit in H1 23 (average ~11.2 bln euros). CNY: Chinese officials seem wary of getting the short end of the stick in the periodic efforts by the US to force other countries to re-value their currencies against the dollar, rather than seek a dollar devaluation per se. The dollar is over-valued against nearly all the major currencies but the Swiss franc, according to the OECD's model. Beijing prevents the US from getting an export advantage over it by shadowing the dollar. The greenback has been confined mostly to the upper end of its CNH7.15-CNH7.20 range that has dominated for the past few months. It recorded the low for the month last Thursday near CNH7.1680 but finished last week at a three-day high, slightly below CNH7.1900. It is trading between CNH7.1790 and CNH7.1890 today. Last Thursday, the PBOC set the dollar's reference rate a new low for the year (CNY7.1337), and a new low was set today (CNY7.1322). It was the fourth consecutive session that the fix was below CNY7.14. JPY: Despite the firmer US Treasury yields ahead of the weekend (2-4 bp), the dollar settled about half a yen lower near JPY147.25. It recorded an inside day, having been confined to Thursday's range (~JPY146.20-JPY147.95). Today, it is inside last Friday's range and has traded between JPY147.00 and JPY147.60. A break of last Thursday's range may be technically important, but the more impulsive move may be on the downside. The JPY146 area may be the neckline of a larger topping pattern. At the end of last week, Japan not only reported stronger than expected Q2 GDP (1.0% vs. the median forecast in Bloomberg's survey for 0.4%), but Q1 GDP was revised to 0.6% from the initial estimate of -0.2%. Japan, it turns out was the fastest growing economy in the G7 in H1 25. Net exports, which subtracted 0.8 percentage points from GDP in Q1 added 0.3 percentage points in Q2. On the other hand, inventories that contributed 0.6 percentage points to Q1 GDP subtracted 0.3 percentage points in Q2. And June industrial output was revised to 2.1% from 1.7%. Still, the odds of a rate hike next month barely changed with almost 3 bp of tightening discounted up from 1.5 bp last Monday. In late July, the swaps market briefly had 7 bp of tightening priced. There is about 10 bp of tightening discounted for October. While it is the most for the month, in late July 17 bp were discounted. Now 17 bp of tightening is discounted by the end of the year, up from about 14.5 bp a week ago, but down from 21 bp on July 24. GBP: Sterling reached almost $1.36 last Thursday, helped by the better-than-expected Q2 GDP, even if bolstered by government spending. The subsequent pullback was limited to about three-quarters of a cent. It held above the five-day moving average before the weekend and today. It comes in near $1.3540 today. Sterling has not closed below it since August 1. Last Thursday's low was about $1.3520 and that may offer intraday support. Sterling has rallied by a little more than four cents since that August 1 low. This is around the average size of sterling rallies this year before corrective forces emerge. This is not to argue that there is something ontologically important about four-cent moves, but simply the way to quantify that it has come a long way in brief period. That in turn may change the risk-reward of establishing new longs now. This week's data is backloaded, with CPI on Wednesday, flash PMI Thursday, and retail sales Friday. CAD: The US dollar finished last week firmly near the week's high (~CAD1.3820), slightly below the (61.8%) retracement of the greenback's losses from the August 1 high. It is in a narrow range today (~CAD1.3790-CAD1.3815). A push above CAD1.3820 could spur a move to the month's high near CAD1.3880. A move below CAD1.3780 would weaken the US dollar's technical tone. Canada reports July housing starts and June portfolio capital flow. The former is not much of a market mover in the best of times and especially today, ahead of tomorrow's CPI. Foreigners have been sellers of Canadian paper assets this year, liquidating about C$18 bln in the first five months of the year after buying about C$85 bln in the first five months of last year and around C$26.5 bln in the Jan-May 2023. In fact, it is the first time foreign investors have been net sellers of Canadian stocks and bonds through the first five months of the year since at least 1988, when the Bloomberg's history of the time series began. Still, more important for the markets is tomorrow's July CPI report. The bar seems high for a rate cut, and the swaps market is discounting almost a 30% chance of a cut, but it does not have one fully discounted until next March. AUD: The Australian dollar posted a bearish outside down day last Thursday but there was no follow-through selling ahead of the weekend. It frayed resistance near $0.6520 area but was unable to convincingly surmount this hurdle. It is trading between about $0.6505 and $0.6525 today. With the central bank seen alongside the Fed as the most aggressive G10 central bank over the near 9-12 months, the Australian dollar may not be a favorite in the macro camp and the broad sideways movement will not appeal to the trend-followers and momentum traders. Speculators in the CME futures have their largest net short Australian dollar position since April 2024. MXN: The dollar made a marginal new low for year in the middle of last week against the Mexican peso, inching a little closer to MXN18.51. It recovered smartly and reached almost MXN18.8530 the next day. It consolidated before the weekend, recording an inside day. After falling a little more than 12% since the early April high, the greenback has stabilized even with that marginal new low, it is in a range and call the floor around MXN18.50. The upper end of the range is MXN19.00. The rule of alternation suggests that after the lower end of the range more or less held, a move to the upper end should be anticipated. The US dollar is trading firmly but so far has held below last Thursday's high (~MXN18.8530). Disclaimer

Silver coins serve as both valuable investments and prized collectibles, but a single storage mistake can destroy decades of careful collecting. Without proper storage and handling, silver coins face serious threats from tarnishing, humidity damage, and scratches or surface wear. Improper methods can permanently reduce a coin’s value, sometimes by hundreds or thousands of dollars. This comprehensive guide provides proven solutions for how to store silver bullion coins, preserve your collection’s condition and maximize its long-term value. Why Proper Storage Matters Understanding silver’s unique chemical properties is essential for any serious collector or investor. Silver behaves differently to other metals when exposed to air and moisture, requiring specific storage approaches to maintain its condition and value. Does silver rust or just tarnish? A common misconception is that silver can rust like iron or steel. The question “Does silver rust?” has a clear answer: no. Silver does not rust because it contains no iron, which is required for the oxidation process that creates rust. However, the question “Does silver tarnish?” is a different matter entirely. Silver undergoes a process called tarnishing when it reacts with sulfur compounds in the air to form silver sulfide. This chemical reaction creates the characteristic dark, discolored coating that can dramatically affect a coin’s appearance and market value. Pure silver is less prone to tarnishing than sterling silver, but even the finest silver coins will eventually show signs of sulfur exposure without proper protection. Impact of Environmental Factors Humidity, air exposure, and temperature all play important roles in silver tarnishing. High humidity can accelerate tarnishing by creating conditions that allow sulfur compounds in the air to react more readily with silver surfaces. Air exposure is equally problematic, as everyday air contains sulfur compounds from pollution, household products, and natural sources. However, research shows that temperature plays a more significant role than humidity alone – sulfur vapor pressure increases at higher temperatures, accelerating the tarnishing process. Contact with non-archival materials poses another serious threat. Cardboard, certain plastics, rubber, and adhesives release sulfur compounds that can concentrate around stored coins. Even materials like wood and paper can contain chemicals that promote tarnishing. Fingerprints and skin oils transfer salt and moisture that create localized corrosion, leaving permanent marks on coin surfaces. Best Methods for Storing Silver Coins Protecting your silver coin investment requires choosing the right storage methods and materials. The key is creating barriers between your coins and the environmental factors that cause tarnishing while ensuring easy access for viewing and handling when necessary. Click here to see how one collector safely stores his silver collection using proven methods. Airtight Containers and Capsules Airtight storage represents the gold standard for silver coin preservation, ideal for preventing air exposure that leads to tarnishing. The most effective approach involves creating sealed environments that block sulfur compounds from reaching your coins, whether through individual capsules or specialized coin storage boxes designed for airtight protection. Image: Silver coin stored in protective airtight capsule Source: NGC Individual coin capsules offer the highest level of protection for valuable pieces. These clear, hard plastic containers come in specific sizes to fit different coin dimensions snugly, preventing movement that could cause scratches. The airtight seal creates a controlled microenvironment around each coin, significantly reducing oxidation and tarnishing risks. For bulk storage or multiple encapsulated coins, larger airtight coin storage containers provide an additional layer of protection. These storage systems work particularly well when combined with silica gel packs, which absorb residual moisture and maintain optimal humidity levels. Storage cubes represent another popular option, featuring secure, rotatable lids and transparent designs that allow viewing without breaking the protective seal. Archival-Grade Materials The materials you choose for coin storage can make or break your collection’s long-term value. Archival-grade materials are specifically designed to remain chemically stable over decades, preventing the release of harmful compounds that damage silver coins. What storage materials should be avoided with silver? PVC-based plastics represent a major threat to coin collections and should be avoided entirely, as polyvinyl chloride breaks down over time and releases corrosive gases that permanently damage coins. Mylar flips made from inert polyester film offer superior protection with excellent clarity and chemical stability. Acid-free paper and cardboard provide safe alternatives for labeling and organizing without introducing acidic compounds that could damage coins. Image: Mylar coin flips for safe archival storage of silver coins Source: PCGS Beyond material selection, collectors must also consider the format that best suits their coin collection storage needs. Storage tubes have both advantages and drawbacks. They efficiently store multiple coins of the same size while protecting edges from damage, but coins can shift and scratch against each other during handling. Albums provide excellent organization and display capabilities for series collections, though they increase handling risks and may not offer airtight protection. Flips offer the best balance of protection and accessibility, allowing individual coin storage with clear visibility, but require careful selection to ensure they’re made from archival-safe materials. Storing at Home Home storage offers convenience and immediate access to your collection while allowing you to maintain complete control over storage conditions. Understanding how to store silver coins at home requires balancing security, environmental protection, and accessibility. For maximum protection, fireproof safes represent the ideal solution for valuable collections. Quality safes protect against both theft and fire damage, with models specifically designed for documents and valuables maintaining lower internal temperatures during fires. Whether you’re protecting newly acquired silver bullion or established collections, proper safe selection ensures your investment remains secure. Image: Flames from a fire Source: Cullan Smith Some collectors prefer distributing their holdings across multiple secure locations within their home rather than concentrating everything in one safe. This approach can reduce risk but requires meticulous record-keeping to track locations and inventory. Regardless of your storage method, monitoring environmental conditions remains crucial. Digital hygrometers help track humidity levels, with optimal conditions maintaining relative humidity below 50 percent. Collectors should steer clear of problematic areas like basements and attics where temperature and humidity fluctuate significantly. Protecting your collection also requires attention to security measures. Installing security systems and maintaining discretion about your collection’s existence provide essential protection against theft. Long-Term Storage For collectors with substantial holdings or those seeking maximum security, the question of how to store silver coins long-term points toward professional storage facilities that offer advantages home storage cannot match. What is the best way to store silver coins long-term? Bank vaults and safety deposit boxes provide trusted, cost-effective storage with established security protocols. Banks offer robust physical security with surveillance systems and controlled access, though availability is limited to banking hours. However, bank insurance policies rarely cover the contents of safety deposit boxes, requiring collectors to arrange separate coverage for their holdings. Additionally, banks may restrict access during emergencies or economic disruptions. Image: Professional bank vault with secure storage facilities for precious metals Source: rc.xyz NFT gallery Private depositories specialize in precious metals storage and typically provide comprehensive insurance as part of their service. Top facilities offer state-of-the-art security measures, 24/7 monitoring, and full insurance coverage against theft, damage, and natural disasters. For long-term investors seeking tax advantages alongside secure storage, a Gold and Silver IRA offers another professional storage solution with additional retirement benefits. For all above options, documentation is critical. Maintaining detailed inventories with photographs, grades, and serial numbers protects against loss and supports insurance claims. Regular independent audits verify your holdings and provide accountability, whether stored in bank vaults or private facilities. Tarnish Prevention Tips Effective tarnish prevention combines controlling environmental factors with proper handling practices to keep your silver coins in pristine condition. What causes silver coins to tarnish? Silver tarnishing occurs when silver reacts with sulfur compounds in the environment to form silver sulfide. Primary sources include air pollution, household products, certain plastics, cardboard, and rubber materials. Image: Tarnished silver coins Source: Numista How do you store silver coins without them tarnishing? To avoid tarnishing when storing silver coins, use airtight containers combined with anti-tarnish strips containing activated carbon that absorb sulfur compounds. Keep coins away from materials like wood, cardboard, and certain plastics that release harmful compounds into the air. Storage Environment Conditions Optimal environmental conditions significantly slow tarnishing reactions, which is crucial knowledge for collectors learning how to store silver coins to prevent tarnishing. Humidity levels below 50 percent work best, with silica gel packets helping maintain this level when replaced periodically. Coins stored away from direct sunlight and fluorescent lighting experience less damage, as UV rays can accelerate chemical reactions and damage protective storage materials. Storage locations away from heat sources like furnaces, water heaters, and sunny windows provide more stable conditions. Temperature fluctuations stress both coins and storage materials, potentially compromising protective seals. Basements and attics present particular challenges due to varying conditions and are generally unsuitable for coin storage. Proper Handling Techniques Proper handling techniques significantly reduce tarnishing risks and physical damage to silver. Learning how to store silver bullion so it doesn’t tarnish starts with using cotton or nitrile gloves to prevent skin oils, salts, and acids from transferring to surfaces, while holding pieces by their edges rather than touching the faces protects against fingerprint damage and localized tarnishing. Image: Silver coin handling using cotton gloves Source: Royal Mint Experienced collectors minimize direct handling by using magnifying glasses or photography for detailed examination, reducing potential damage from repeated physical contact. When handling becomes unavoidable, working over soft surfaces provides protection against accidental drops. Regular visual inspections help detect early signs of tarnishing, though limiting examinations to sight-only checks without touching proves most effective for long-term preservation. Special Cases Certain types of silver coins require modified storage approaches due to their unique characteristics, historical significance, or physical dimensions. Collectible and rare silver coins especially demand careful preservation to maintain their investment potential and numismatic value. Storing old or historical silver coins Historical and old silver coins present unique preservation challenges that require extra care and consideration. Decades or centuries of exposure have often left these coins more fragile, requiring gentler handling and more stable environmental conditions. When it comes to how to store old silver coins properly, the focus should be on preservation rather than restoration. Individual storage in archival-quality holders prevents movement while allowing viewing, and climate-controlled environments help protect these already-weathered pieces from further environmental stress. Collectors should resist any cleaning attempts, as many historical pieces have developed natural patina over time, and removing this patina can destroy both historical significance and market value. Storing silver dollar coins Silver dollars require special consideration due to their larger size and weight compared to standard coins. Knowing how to store silver dollar coins effectively requires selecting appropriately sized storage containers, as standard coin holders may not accommodate their dimensions properly. Image: 1925 Peace silver dollar showing larger size requiring specialized storage Source: Numista Their increased surface area also makes silver dollars more prone to tarnishing and environmental damage. Airtight capsules designed specifically for dollar-sized coins provide optimal protection while ensuring snug fits without excessive movement that could cause edge damage. Storage tubes work well for multiple silver dollars of the same type, but require careful handling to prevent coins from sliding against each other. Common Storage Mistakes to Avoid Even experienced collectors sometimes fall into storage traps that can damage their investments over time. Recognizing these common errors helps prevent costly mistakes that could affect your collection’s value and condition. Storing silver coins in PVC flips Using PVC flips to store silver coins is one of the most dangerous mistakes collectors make. These inexpensive holders break down over time, releasing chlorine gas that creates permanent green stains on silver coins known as “PVC damage”. This chemical reaction cannot be reversed and significantly reduces coin values. Using damp basements for storage Many collectors turn to basements for storage as they offer space and security away from daily household activity. Unfortunately, these areas frequently suffer from moisture issues that create problematic environments for silver coins. High humidity accelerates tarnishing while temperature fluctuations stress both coins and storage materials, potentially compromising protective seals. Basement storage also increases exposure to flooding risks and typically lacks the consistent climate control essential for long-term coin preservation. Lack of labeling and organization Poor organization can have a significant effect on silver coins that many collectors don’t consider. When collections lack proper structure, collectors must dig through and repeatedly move coins while searching for specific pieces. This excessive handling increases scratch risks and exposes coins to skin oils, which is why proper organization matters when considering how to store silver bullion. Conclusion Knowing how to store silver coins properly protects both your investment value and coin condition for generations. The key principles include using airtight storage, choosing archival-grade materials, and maintaining controlled environments. These storage fundamentals work best when combined with proper handling techniques that minimize damage and avoid common storage mistakes. Environmental control through humidity management and sulfur-free conditions completes the preservation strategy. Ready to protect your silver investment? Explore Blanchard’s secure storage options and other premium products. FAQs How do you store silver coins at home safely? Safe home storage requires climate control with humidity below 50%, avoiding basements and attics, security systems, and proper archival materials. Can you store silver coins in plastic? Yes, but only in archival-grade plastics like Mylar. Avoid PVC plastics entirely as they release corrosive gases that permanently damage coins. Is it OK to store silver coins in Mylar flips? Yes, Mylar flips are excellent for silver storage. They’re made from inert polyester film that provides clarity and chemical stability. Can silver coins be stored in a regular safe at home? Fireproof safes work best for valuable collections. Choose models rated for paper protection to ensure low internal temperatures during fires. Are safe deposit boxes good for storing silver coins? Yes, they provide security and controlled access, but bank insurance rarely covers contents, requiring separate coverage for your holdings. The post How To Store Silver Coins appeared first on Blanchard and Company.

Silver coins serve as both valuable investments and prized collectibles, but a single storage mistake can destroy decades of careful collecting. Without proper storage and handling, silver coins face serious threats from tarnishing, humidity damage, and scratches or surface wear. Improper methods can permanently reduce a coin’s value, sometimes by hundreds or thousands of dollars. This comprehensive guide provides proven solutions for how to store silver bullion coins, preserve your collection’s condition and maximize its long-term value. Why Proper Storage Matters Understanding silver’s unique chemical properties is essential for any serious collector or investor. Silver behaves differently to other metals when exposed to air and moisture, requiring specific storage approaches to maintain its condition and value. Does silver rust or just tarnish? A common misconception is that silver can rust like iron or steel. The question “Does silver rust?” has a clear answer: no. Silver does not rust because it contains no iron, which is required for the oxidation process that creates rust. However, the question “Does silver tarnish?” is a different matter entirely. Silver undergoes a process called tarnishing when it reacts with sulfur compounds in the air to form silver sulfide. This chemical reaction creates the characteristic dark, discolored coating that can dramatically affect a coin’s appearance and market value. Pure silver is less prone to tarnishing than sterling silver, but even the finest silver coins will eventually show signs of sulfur exposure without proper protection. Impact of Environmental Factors Humidity, air exposure, and temperature all play important roles in silver tarnishing. High humidity can accelerate tarnishing by creating conditions that allow sulfur compounds in the air to react more readily with silver surfaces. Air exposure is equally problematic, as everyday air contains sulfur compounds from pollution, household products, and natural sources. However, research shows that temperature plays a more significant role than humidity alone – sulfur vapor pressure increases at higher temperatures, accelerating the tarnishing process. Contact with non-archival materials poses another serious threat. Cardboard, certain plastics, rubber, and adhesives release sulfur compounds that can concentrate around stored coins. Even materials like wood and paper can contain chemicals that promote tarnishing. Fingerprints and skin oils transfer salt and moisture that create localized corrosion, leaving permanent marks on coin surfaces. Best Methods for Storing Silver Coins Protecting your silver coin investment requires choosing the right storage methods and materials. The key is creating barriers between your coins and the environmental factors that cause tarnishing while ensuring easy access for viewing and handling when necessary. Click here to see how one collector safely stores his silver collection using proven methods. Airtight Containers and Capsules Airtight storage represents the gold standard for silver coin preservation, ideal for preventing air exposure that leads to tarnishing. The most effective approach involves creating sealed environments that block sulfur compounds from reaching your coins, whether through individual capsules or specialized coin storage boxes designed for airtight protection. Image: Silver coin stored in protective airtight capsule Source: NGC Individual coin capsules offer the highest level of protection for valuable pieces. These clear, hard plastic containers come in specific sizes to fit different coin dimensions snugly, preventing movement that could cause scratches. The airtight seal creates a controlled microenvironment around each coin, significantly reducing oxidation and tarnishing risks. For bulk storage or multiple encapsulated coins, larger airtight coin storage containers provide an additional layer of protection. These storage systems work particularly well when combined with silica gel packs, which absorb residual moisture and maintain optimal humidity levels. Storage cubes represent another popular option, featuring secure, rotatable lids and transparent designs that allow viewing without breaking the protective seal. Archival-Grade Materials The materials you choose for coin storage can make or break your collection’s long-term value. Archival-grade materials are specifically designed to remain chemically stable over decades, preventing the release of harmful compounds that damage silver coins. What storage materials should be avoided with silver? PVC-based plastics represent a major threat to coin collections and should be avoided entirely, as polyvinyl chloride breaks down over time and releases corrosive gases that permanently damage coins. Mylar flips made from inert polyester film offer superior protection with excellent clarity and chemical stability. Acid-free paper and cardboard provide safe alternatives for labeling and organizing without introducing acidic compounds that could damage coins. Image: Mylar coin flips for safe archival storage of silver coins Source: PCGS Beyond material selection, collectors must also consider the format that best suits their coin collection storage needs. Storage tubes have both advantages and drawbacks. They efficiently store multiple coins of the same size while protecting edges from damage, but coins can shift and scratch against each other during handling. Albums provide excellent organization and display capabilities for series collections, though they increase handling risks and may not offer airtight protection. Flips offer the best balance of protection and accessibility, allowing individual coin storage with clear visibility, but require careful selection to ensure they’re made from archival-safe materials. Storing at Home Home storage offers convenience and immediate access to your collection while allowing you to maintain complete control over storage conditions. Understanding how to store silver coins at home requires balancing security, environmental protection, and accessibility. For maximum protection, fireproof safes represent the ideal solution for valuable collections. Quality safes protect against both theft and fire damage, with models specifically designed for documents and valuables maintaining lower internal temperatures during fires. Whether you’re protecting newly acquired silver bullion or established collections, proper safe selection ensures your investment remains secure. Image: Flames from a fire Source: Cullan Smith Some collectors prefer distributing their holdings across multiple secure locations within their home rather than concentrating everything in one safe. This approach can reduce risk but requires meticulous record-keeping to track locations and inventory. Regardless of your storage method, monitoring environmental conditions remains crucial. Digital hygrometers help track humidity levels, with optimal conditions maintaining relative humidity below 50 percent. Collectors should steer clear of problematic areas like basements and attics where temperature and humidity fluctuate significantly. Protecting your collection also requires attention to security measures. Installing security systems and maintaining discretion about your collection’s existence provide essential protection against theft. Long-Term Storage For collectors with substantial holdings or those seeking maximum security, the question of how to store silver coins long-term points toward professional storage facilities that offer advantages home storage cannot match. What is the best way to store silver coins long-term? Bank vaults and safety deposit boxes provide trusted, cost-effective storage with established security protocols. Banks offer robust physical security with surveillance systems and controlled access, though availability is limited to banking hours. However, bank insurance policies rarely cover the contents of safety deposit boxes, requiring collectors to arrange separate coverage for their holdings. Additionally, banks may restrict access during emergencies or economic disruptions. Image: Professional bank vault with secure storage facilities for precious metals Source: rc.xyz NFT gallery Private depositories specialize in precious metals storage and typically provide comprehensive insurance as part of their service. Top facilities offer state-of-the-art security measures, 24/7 monitoring, and full insurance coverage against theft, damage, and natural disasters. For long-term investors seeking tax advantages alongside secure storage, a Gold and Silver IRA offers another professional storage solution with additional retirement benefits. For all above options, documentation is critical. Maintaining detailed inventories with photographs, grades, and serial numbers protects against loss and supports insurance claims. Regular independent audits verify your holdings and provide accountability, whether stored in bank vaults or private facilities. Tarnish Prevention Tips Effective tarnish prevention combines controlling environmental factors with proper handling practices to keep your silver coins in pristine condition. What causes silver coins to tarnish? Silver tarnishing occurs when silver reacts with sulfur compounds in the environment to form silver sulfide. Primary sources include air pollution, household products, certain plastics, cardboard, and rubber materials. Image: Tarnished silver coins Source: Numista How do you store silver coins without them tarnishing? To avoid tarnishing when storing silver coins, use airtight containers combined with anti-tarnish strips containing activated carbon that absorb sulfur compounds. Keep coins away from materials like wood, cardboard, and certain plastics that release harmful compounds into the air. Storage Environment Conditions Optimal environmental conditions significantly slow tarnishing reactions, which is crucial knowledge for collectors learning how to store silver coins to prevent tarnishing. Humidity levels below 50 percent work best, with silica gel packets helping maintain this level when replaced periodically. Coins stored away from direct sunlight and fluorescent lighting experience less damage, as UV rays can accelerate chemical reactions and damage protective storage materials. Storage locations away from heat sources like furnaces, water heaters, and sunny windows provide more stable conditions. Temperature fluctuations stress both coins and storage materials, potentially compromising protective seals. Basements and attics present particular challenges due to varying conditions and are generally unsuitable for coin storage. Proper Handling Techniques Proper handling techniques significantly reduce tarnishing risks and physical damage to silver. Learning how to store silver bullion so it doesn’t tarnish starts with using cotton or nitrile gloves to prevent skin oils, salts, and acids from transferring to surfaces, while holding pieces by their edges rather than touching the faces protects against fingerprint damage and localized tarnishing. Image: Silver coin handling using cotton gloves Source: Royal Mint Experienced collectors minimize direct handling by using magnifying glasses or photography for detailed examination, reducing potential damage from repeated physical contact. When handling becomes unavoidable, working over soft surfaces provides protection against accidental drops. Regular visual inspections help detect early signs of tarnishing, though limiting examinations to sight-only checks without touching proves most effective for long-term preservation. Special Cases Certain types of silver coins require modified storage approaches due to their unique characteristics, historical significance, or physical dimensions. Collectible and rare silver coins especially demand careful preservation to maintain their investment potential and numismatic value. Storing old or historical silver coins Historical and old silver coins present unique preservation challenges that require extra care and consideration. Decades or centuries of exposure have often left these coins more fragile, requiring gentler handling and more stable environmental conditions. When it comes to how to store old silver coins properly, the focus should be on preservation rather than restoration. Individual storage in archival-quality holders prevents movement while allowing viewing, and climate-controlled environments help protect these already-weathered pieces from further environmental stress. Collectors should resist any cleaning attempts, as many historical pieces have developed natural patina over time, and removing this patina can destroy both historical significance and market value. Storing silver dollar coins Silver dollars require special consideration due to their larger size and weight compared to standard coins. Knowing how to store silver dollar coins effectively requires selecting appropriately sized storage containers, as standard coin holders may not accommodate their dimensions properly. Image: 1925 Peace silver dollar showing larger size requiring specialized storage Source: Numista Their increased surface area also makes silver dollars more prone to tarnishing and environmental damage. Airtight capsules designed specifically for dollar-sized coins provide optimal protection while ensuring snug fits without excessive movement that could cause edge damage. Storage tubes work well for multiple silver dollars of the same type, but require careful handling to prevent coins from sliding against each other. Common Storage Mistakes to Avoid Even experienced collectors sometimes fall into storage traps that can damage their investments over time. Recognizing these common errors helps prevent costly mistakes that could affect your collection’s value and condition. Storing silver coins in PVC flips Using PVC flips to store silver coins is one of the most dangerous mistakes collectors make. These inexpensive holders break down over time, releasing chlorine gas that creates permanent green stains on silver coins known as “PVC damage”. This chemical reaction cannot be reversed and significantly reduces coin values. Using damp basements for storage Many collectors turn to basements for storage as they offer space and security away from daily household activity. Unfortunately, these areas frequently suffer from moisture issues that create problematic environments for silver coins. High humidity accelerates tarnishing while temperature fluctuations stress both coins and storage materials, potentially compromising protective seals. Basement storage also increases exposure to flooding risks and typically lacks the consistent climate control essential for long-term coin preservation. Lack of labeling and organization Poor organization can have a significant effect on silver coins that many collectors don’t consider. When collections lack proper structure, collectors must dig through and repeatedly move coins while searching for specific pieces. This excessive handling increases scratch risks and exposes coins to skin oils, which is why proper organization matters when considering how to store silver bullion. Conclusion Knowing how to store silver coins properly protects both your investment value and coin condition for generations. The key principles include using airtight storage, choosing archival-grade materials, and maintaining controlled environments. These storage fundamentals work best when combined with proper handling techniques that minimize damage and avoid common storage mistakes. Environmental control through humidity management and sulfur-free conditions completes the preservation strategy. Ready to protect your silver investment? Explore Blanchard’s secure storage options and other premium products. FAQs How do you store silver coins at home safely? Safe home storage requires climate control with humidity below 50%, avoiding basements and attics, security systems, and proper archival materials. Can you store silver coins in plastic? Yes, but only in archival-grade plastics like Mylar. Avoid PVC plastics entirely as they release corrosive gases that permanently damage coins. Is it OK to store silver coins in Mylar flips? Yes, Mylar flips are excellent for silver storage. They’re made from inert polyester film that provides clarity and chemical stability. Can silver coins be stored in a regular safe at home? Fireproof safes work best for valuable collections. Choose models rated for paper protection to ensure low internal temperatures during fires. Are safe deposit boxes good for storing silver coins? Yes, they provide security and controlled access, but bank insurance rarely covers contents, requiring separate coverage for your holdings. The post How To Store Silver Coins appeared first on Blanchard and Company.

The crypto market turned slightly bearish today as Bitcoin (BTC) dropped 2.08%, retesting the $115,000 level. XRP slipped below $3 and Ethereum (ETH) dipped 3.5% under $4,300, raising questions about the best crypto to buy during this pullback. While most sectors moved lower, some tokens managed to stand out with strong gains. In particular, decentralized finance (DeFi) projects showed resilience, led by Chainlink (LINK), which surged 14.32% after announcing a new on-chain reserve system and a strategic partnership with ICE, the parent company of the NYSE. ChainlinkPriceMarket CapLINK$16.90B24h7d30d1yAll time Maker (MKR), Aerodrome Finance (AERO), and DEFI.ssi also posted gains, highlighting how parts of the DeFi sector are emerging as strong contenders even in a weak market. EXPLORE: Top 20 Crypto to Buy in 2025 DeFi Gains Spotlight as Best Crypto to Buy; Qubic Targets Dogecoin After Monero Attack With Bitcoin under pressure, investors are now eyeing projects that combine momentum with real utility. LINK, MKR, and AERO are increasingly viewed as the best cryptos to buy as broader markets consolidate. In other news, Qubic, an AI-focused blockchain that recently carried out a 51% attack on Monero, has voted to make Dogecoin (DOGE) its next target. The project’s founder, Sergey Ivancheglo, asked the community which proof-of-work chain to attack next, and DOGE received the majority of votes over Kaspa and Zcash. With Dogecoin’s $35 billion market cap now in focus, the move has sparked concerns over the vulnerability of mining-based blockchains. DISCOVER: Hyperliquid (HYPE) Up 11%: What’s The Way Forward? Qubic holders, however, pushed back on the “attack” narrative. Community members argued that their activity should be seen as mining, not malicious action. Stay tuned for ongoing updates as the market reacts to these shifts. 12 minutes ago Is Arbitrum Ready for a 150% Spike? ARB Crypto on the Brink of a Major Breakout By Fatima The success of Ethereum is boosting ecosystem tokens, including Arbitrum. Although ETH USD momentum appears to be fading, blue-chip tokens tied to the first smart contract platform are thriving. Among them, ARB crypto is on the verge of a major breakout, looking at the formation on the daily chart. From Coingecko, Arbitrum ranks among the top-performing coins, easily qualifying as one of the best cryptos to buy. In the last 24 hours, arb logoARB -1.06% is up nearly 10%, extending weekly gains to over 16%. At this pace, the token has added over 40% in the past two weeks, reversing July losses and pushing monthly gains to over 14%. Read The Full Article Here 3 hours ago $411 Million in Token Unlocks: Key Projects to Watch This Week By Fatima According to Tokenomist, over $411 million worth of tokens are set to be unlocked in the coming seven days, a development that could bring some volatility in market liquidity and sentiment. The biggest one-time unlocks, each exceeding $5 million, involve ZRO, KAITO, and SOON. These events typically attract trader attention due to the sudden increase in circulating supply, which can pressure short-term prices. Meanwhile, several projects face linear daily unlocks above $1 million, including major names like Solana (SOL), Worldcoin (WLD), Celestia (TIA), Dogecoin (DOGE), Bittensor (TAO), Avalanche (AVAX), Sui (SUI), and Polkadot (DOT). Additional unlocks are lined up for IP, Morpho (MORPHO), EtherFi (ETHFI), Jito (JTO), Ethereum Name Service (ENS), and more. The post [LIVE] Latest Crypto News, August 18 – Best Crypto To Buy As Bitcoin Price Falls 2% Retesting $115K: LINK Surges And Qubic Targets DOGE After Monero appeared first on 99Bitcoins.

This is a follow-up analysis and update of our prior medium-term outlook report, “WTI Crude Forecast: Risk premium fades, supply pressures mount, bearish trend ahead” published on 8 August 2025. West Texas Oil CFD (a proxy for WTI crude futures) fell as expected, dropping -3.2% to a three-month low of US$62.19 on Wednesday, 13 August 2025. The decline came ahead of the Trump-Putin meeting on Friday, 18 August, where talks are set to focus on a potential ceasefire to end the three-year Russia-Ukraine war. West Texas Oil CFD extended its decline in today’s Asia session, slipping -0.7% intraday following last Friday’s Trump–Putin meeting in Alaska to print a current intraday low of US$62.47 at this time of writing. While President Trump described the talks as “productive,” he provided no details on a potential Russia–Ukraine ceasefire. Markets now turn their focus to today’s meeting between Ukrainian President Zelenskiy, several European leaders, and Trump for further developments. Let’s examine the latest short-term technical elements in the West Texas Oil CFD and its short-term directional bias (1 to 3 days) from a technical analysis perspective. Fig. 1: West Texas Oil CFD minor trend as of 18 Aug 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bearish bias in West Texas Oil CFD with key short-term pivotal resistance at US$63.85/64.18 and break below US$62.50 reinforces the continuation of a potential bearish impulsive down move sequence to expose the next intermediate supports at US$61.30 (gap of 2 June 2025) and US$60.60/60.10 (Fibonacci extension and lower boundary of minor descending channel from 31 July 2025 high). Key elements Price actions of the West Texas Oil CFD have continued to oscillate within a minor descending channel from the 31 July 2025 swing high of US$71.33, which suggests a minor downtrend phase remains intact.The upper boundary of the minor descending channel is acting as a key intermediate resistance at US$54.18.The hourly RSI momentum indicator has not flashed out any bullish divergence condition in today’s Asia session and has just staged a retreat right at the 50 level. These observations suggest that short-term bearish momentum remains intact.Alternative trend bias (1 to 3 days) A clearance above US$64.18 invalidates the bearish scenario and triggers a possible mean reversion rebound towards the next intermediate resistances at US$64.85, US$65.60, and US$66.30 (also the downward sloping 20-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.

The daily XRP chart has turned into a clean Elliott Wave case study, according to crypto technician “Charting Guy,” who argues the latest rebound was corrective rather than impulsive and likely precedes a deeper C-wave pullback toward August’s lows. In a post on X, he wrote: “August bounce from $2.72 to $3.38 was a 3 wave corrective move up unlike $OTHERS 5 wave impulsive move up, so I believe it was a B wave & we will likely revisit the August lows in the coming days/weeks for our C wave to end the correction that started late July.” XRP Correction Isn’t Over Yet The annotated chart (XRP/USD) plots a developing five-wave sequence with waves 1 and 2 completed in May and June, a vertical wave 3 peak into mid-July, and an unfolding A-B-C that would finalize wave 4. The A leg knifed off the wave-3 high, a B-wave recovery carried to $3.40, and the projected C leg descends into a Fibonacci cluster that coincides with the August trough. At the time of the snapshot, XRP was quoted around $3.02881 on the daily close, sitting between the 0.786 and 0.888 retracement rails. Fibonacci scaffolding dominates the chart and defines the key levels the analyst is trading against. The retracement and extension ladder is printed as follows: 0 at $1.61184, 0.136 at $1.78405, 0.236 at $1.92231, 0.382 at $2.14363, 0.5 at $2.34100, 0.618 at $2.55653, 0.702 at $2.72195, 0.786 at $2.87293, 0.888 at $3.1273, and 1.000 at $3.4000. Above the prior high, the upside extensions that map the prospective wave-5 run are marked at 1.272 ($4.16533), 1.414 ($4.63105) and 1.618 ($5.39272). The B-wave stall unfolded beneath the $3.1273–$3.4000 resistance band (0.888–1.000), reinforcing that region as the ceiling the market must clear to confirm a finished correction. Conversely, the proposed C-wave termination zone is anchored by the 0.786–0.702–0.618 stack at $2.87293 / $2.72195 / $2.55653, with the August pivot specifically highlighted at ~$2.72. A downward-sloping magenta trendline from the wave-3 apex bisects the A-B-C, and the projected path drives price into a labeled “4” before turning sharply higher into a new advance. The terminal “5” marker is placed almost exactly at the 1.414 extension near $4.63105—consistent with the author’s own wording that this represents a conservative target zone—while the 1.618 print at $5.39272 frames an obvious stretch objective if momentum over-delivers. Addressing community questions about his previous higher target of $8, the analyst replied, “is there anywhere in the post that says no more $8 target?” and, when asked about an extended move in November, he answered “maybe. Maybe.” On positioning, he cautioned that “dips are never guaranteed even if they seem likely,” adding: “hodl imo… use trading options or futures or a trading spot bag to make their short term gains.” The immediate read is unambiguous: unless XRP can reclaim and hold above $3.1273 and then $3.4000, Charting Guy’s roadmap favors a retest of the August floor near $2.72195 to complete wave 4. Only after such a flush—or a decisive invalidation via resistance break—does his schematic open the door to the next impulsive leg targeting $4.16533 to $4.63105, with $5.39272 reserved for an extended fifth in late-September or early-October. At press time, XRP traded at $2.96.

After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin price could be headed in after the fall from its new all-time highs. Both scenarios start out with a bullish push upward, and then a bearish decline. However, with each one, there is a different possible peak before resistance kicks in. In both cases, the first trigger is the fact that the Bitcoin price had broken out of the lower trendline of the channel. This comes after it had initially broken the ascending channel that it had been trading inside of, with the result being higher highs and higher lows. Thus, the break below the trendline means that bearish pressure is beginning to dominate. With the bearish pressure mounting and sellers taking control, there are now two ways that the price could go. The first of these is that it continues to rally and then gets rejected above the $118,000 level. This is a supply zone, where sellers could unload massive amounts of BTC into the market and beat back the price. In the second scenario, the price does continue to rally even after hitting the first supply zone. This takes it into the next supply zone just below $120,000, which is currently sitting at $19,700. However, the end remains the same as that of the first scenario, where sellers are likely to dump and send the Bitcoin price plummeting again. How Low Can The Bitcoin Price Go? As the analyst highlights, the peak of both scenarios aligns with retracement levels where sellers could be waiting to dump. Given this, they both have a similar bottom after crashing. From here, the downside target for both scenarios is placed at the $115,800 target. This is because this is where previous demand and support had been during the previous retracement/correction. Given this, it is likely that buyers are likely to step back in at this level, making it a possible bottom and the launch point for the next rally.

Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. DOGE price started a fresh decline below the $0.2420 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2165 zone. Dogecoin Price Dips Again Dogecoin price started a fresh increase above the $0.240 resistance zone, like Bitcoin and Ethereum. DOGE even spiked above $0.2420 before the bears appeared. A high was formed at $0.2430 and the price started a fresh decline. There was a move below the $0.240 and $0.2350 levels. The price dipped below the 50% Fib retracement level of the upward move from the $0.2163 swing low to the $0.2430 high. Besides, there was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2320 level and the 100-hourly simple moving average. The bulls are now protecting the 76.4% Fib retracement level of the upward move from the $0.2163 swing low to the $0.2430 high. If there is a recovery wave, immediate resistance on the upside is near the $0.2295 level. The first major resistance for the bulls could be near the $0.2320 level. The next major resistance is near the $0.2420 level. A close above the $0.2420 resistance might send the price toward the $0.250 resistance. Any more gains might send the price toward the $0.2650 level. The next major stop for the bulls might be $0.2780. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2320 level, it could continue to move down. Initial support on the downside is near the $0.2220 level. The next major support is near the $0.2165 level. The main support sits at $0.2150. If there is a downside break below the $0.2150 support, the price could decline further. In the stated case, the price might decline toward the $0.2050 level or even $0.2020 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2165 and $0.2150. Major Resistance Levels – $0.2320 and $0.2420.

XRP price is gaining bearish pace below the $3.150 resistance zone. The price is struggling near $3.00 and remains at risk of more losses. XRP price is declining below the $3.20 and $3.150 levels. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.060 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could regain bullish momentum if it clears the $3.10 zone. XRP Price Dips Further XRP price attempted more gains above the $3.250 zone, like Bitcoin and Ethereum. The price failed to extend gains and started a downside correction below the $3.150 level. The pair dipped below the $3.120 and $3.10 support levels. Finally, it tested the $3.00 support zone. A low was formed at $2.971 and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $3.350 swing high to the $2.97 low. The price is now trading below $3.050 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.020 level. The first major resistance is near the $3.050 level. There is also a bearish trend line forming with resistance at $3.060 on the hourly chart of the XRP/USD pair. A clear move above the $3.060 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance or the 50% Fib retracement level of the downward move from the $3.350 swing high to the $2.97 low. The next major hurdle for the bulls might be near $3.20. More Losses? If XRP fails to clear the $3.050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.9650 level. The next major support is near the $2.920 level. If there is a downside break and a close below the $2.920 level, the price might continue to decline toward the $2.850 support. The next major support sits near the $2.80 zone, below which there could be a larger decline. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.920 and $2.850. Major Resistance Levels – $3.050 and $3.150.

Ethereum price started a downside correction below the $4,650 zone. ETH is showing some bearish signs and might decline toward the $4,180 support zone. Ethereum started a fresh decline below the $4,650 and $4,620 levels. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,250 zone in the near term. Ethereum Price Dips Further Ethereum price failed to accelerate higher above the $4,750 zone, like Bitcoin. ETH price reacted to the downside and traded below the $4,650 support zone. The bears were able to push the price below the $4,550 support zone. There was a clear move below the 61.8% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. Besides, there is a bearish trend line forming with resistance at $4,520 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,550 and the 100-hourly Simple Moving Average. It is now trading near the 76.4% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. On the upside, the price could face resistance near the $4,380 level. The next key resistance is near the $4,440 level. The first major resistance is near the $4,500 level. A clear move above the $4,500 resistance might send the price toward the $4,550 resistance. An upside break above the $4,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,650 resistance zone or even $4,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $4,500 resistance, it could continue to move down. Initial support on the downside is near the $4,240 level. The first major support sits near the $4,200 zone. A clear move below the $4,200 support might push the price toward the $4,180 support. Any more losses might send the price toward the $4,050 support level in the near term. The next key support sits at $4,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,200 Major Resistance Level – $4,500

Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support at $116,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,500 resistance zone. Bitcoin Price Dips Further Bitcoin price traded to a new all-time high near $124,000 and started a fresh decline. BTC gained bearish momentum and traded below the $120,000 support zone. There was a move below the $118,500 support zone and the 100 hourly Simple moving average. Besides, there was a break below a key declining channel with support at $116,200 on the hourly chart of the BTC/USD pair. The pair tested the $115,800 zone. It is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $124,420 swing high to the $115,800 low. Bitcoin is now trading below $118,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $116,850 level. The first key resistance is near the $118,000 level. The next resistance could be $118,500. A close above the $118,500 resistance might send the price further higher. In the stated case, the price could rise and test the $119,200 resistance level. Any more gains might send the price toward the $120,000 level or the 50% Fib retracement level of the recent decline move from the $124,420 swing high to the $115,800 low. The main target could be $121,500. More Losses In BTC? If Bitcoin fails to rise above the $118,000 resistance zone, it could start a fresh decline. Immediate support is near the $115,800 level. The first major support is near the $115,000 level. The next support is now near the $113,500 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $115,800, followed by $115,000. Major Resistance Levels – $118,000 and $118,500.

XRP is moving in tandem with the broader crypto trend and has managed to hold above the $3 price level. According to a recent technical analysis by popular crypto chartist Egrag Crypto, XRP’s price action is about to enter a critical stage that will push it well above double digits. Its monthly Relative Strength Index (RSI) is currently playing out what he calls the “Cycle of Three,” which projects an incoming explosive phase. Major Pump, Correction, And Blow-Off Top Egrag’s framework is built around a repeating pattern that’s always taking place on XRP’s monthly RSI indicator. According to his analysis, the first stage of the cycle historically delivers a major RSI pump, followed by the second stage, where corrections set in, and then a third stage that has consistently played out as a blow-off top. Both Cycle 1 and Cycle 2, which took place during the XRP rallies of 2017 and 2021, respectively, exhibited the same sequence, although with varying levels of intensity. The 2017 rally was much greater than the 2021 rally, which was suppressed by the Ripple lawsuit at the time. As such, the 2021 RSI pattern was much less pronounced, but it followed the same sequence nonetheless. The current setup, which is marked as Cycle 3 in the chart below, has already seen the pump and correction phases completed. What remains, according to the analyst, is the third stage. This is the push to an RSI blow-off top that could send the price of XRP into new territories. Egrag Crypto predicted three possible targets of 80, 87, and an ambitious 97 for XRP’s monthly RSI peak in the current cycle. These numbers are derived from the RSI trajectory observed in the last two cycles and projected onto today’s XRP RSI conditions. Image From X: Egrag Crypto What Does This Mean For XRP’s Price? If XRP’s monthly RSI reaches levels such as 80, 87, or even 97, it would be one of the strongest overbought signals in the asset’s history. The last time XRP’s monthly RSI crossed above 90 was during the 2017 bull run, which saw XRP’s price explode from less than $0.1 to its then all-time high of $3.40. In technical terms, an RSI above 70 means that an asset is trading at overheated levels, but in bull markets, these conditions can persist for extended periods during price rallies. For XRP, such elevated RSI readings would likely coincide with new all-time highs that mirror those seen in the 2017 bull run. Realistically, this could see the XRP price break above its newly established all-time high of $3.65 and into $4, $5, and beyond into double digits. XRP RSI reaching above 90 could also serve as a warning that the price may already be at a new multi-year top. At the time of writing, the monthly XRP RSI was at a 73 reading. XRP was trading at $3.12. Featured image from Pexels, chart from TradingView

The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was short-lived, as the premier cryptocurrency crashed from the unprecedented high of $124,000 down to around $118,000. The Bitcoin price has struggled to reignite this bullish run over the weekend, hovering in and around the $118,00 level for the majority of Saturday, August 16. The latest on-chain data suggests that this price sluggishness might persist over the next few weeks. Bitcoin Netflow On Binance Turns Positive As Selling Pressure Persists In a Quicktake post on the CryptoQuant platform, pseudonymous on-chain analyst BorisVest revealed that the Bitcoin price could experience selling pressure over the next one to two weeks. This projection is based on the flow of coins on Binance, the world’s largest cryptocurrency exchange by trading volume. The relevant indicators here include the Bitcoin Netflow and Exchange Reserve metrics, both of which measure the amount of coins that enter or leave a cryptocurrency exchange. According to data from CryptoQuant, Bitcoin netflow has turned positive while outflows have reduced on the Binance exchange. BorisVest mentioned that this trend suggests that Bitcoin is in a distribution phase, especially on Binance, leading to the current high volatility in the market. The analyst explained that this might have played a role in the short-lived momentum faced by the Bitcoin price during its last run-up to the all-time high. BorisVest noted that the exchange reserves on Binance continued to rise as the Bitcoin price soared to a new all-time high, indicating that investors sent their coins to the exchange to be sold for profit. “The missing component was buyers; once price reached the peak and demand kicked in, selling pressure accelerated,” the on-chain analyst added. Furthermore, BorisVest highlighted that the Perpetual-Spot Price Gap showed the presence of aggressive buyers, creating an ideal environment for distribution. According to the online pundit, Binance whales took the opportunity to sell, with buyers in position. BorisVest mentioned that Binance’s significant trading volume plays a crucial role in why and how the exchange’s activity influences the crypto market. Hence, Binance whales offloading as new buyers enter tends to put substantial selling pressure on the Bitcoin price. The on-chain concluded that while the broader upward trend remains in play, the Bitcoin price is likely to continue to experience selling pressure over the next one to two weeks. Bitcoin Price At A Glance As of this writing, BTC is valued at around $117,490, reflecting an almost 1% price jump in the past 24 hours.

Ethereum is about to enter into a new week, coming off of a week of interesting price action that saw it trading at its highest price levels since 2021. On one hand, the Spot Ethereum ETFs that had driven billions in inflows have just recorded their first daily outflow in over a week. On the other hand, order-book data shows a towering sell wall at $4,800 that could be described as Ethereum’s “final boss,” the level that could unlock a parabolic run if broken. ETF Inflows Break: Sentiment Cooling Down? The optimism around Ethereum’s rally cooled just as the week came to a close. Notably, US-based Spot ETH ETFs reported net outflows of $59.34 million on August 15, effectively ending an eight-day streak that had added $3.7 billion in inflows. The reversal came just as Ethereum failed to clear $4,788, a level within 3% of its all-time high of $4,878, before slipping back to about $4,450. Although BlackRock’s ETHA stood out with $338.09 million in daily inflows, Grayscale’s ETHE and Fidelity’s FETH registered notable withdrawals of $101.74 million and $272.23 million. Total Ethereum Spot ETF Net Inflow: SoSoValue Speaking of Ethereum failing to clear $4,788, on-chain data shows a huge cluster of liquidity around this level. Particularly, Merlijn The Trader described the $4,800 as the “final boss” for ETH, pointing to billions in sell orders stacked at that level on Binance’s ETH/USDT pair. A liquidity heatmap shows a massive concentration of asks in this zone. According to the analyst, breaking above this level could unleash open skies for Ethereum. As long as this level is filled with more asks, there’s a possibility of it acting as a resistance for any upward move. However, clearing this fortress with enough buy volume would not just be a technical breakout but a psychological one, with the potential to push its price to new all-time highs. Image From X: Merlijn The Trader Bearish Retracement Scenario Although the liquidity narrative is currently leaning more towards a bullish breakout than bearish, another analysis from TradingView paints a more cautious picture. The analysis, which is based on the 4-hour candlestick timeframe chart, also identifies the $4,700 to $4,800 region as a supply-heavy resistance where Ethereum has already shown signs of exhaustion after an aggressive rally from early August. However, multiple technical alignments, such as Break of Structure signals, fair value gaps (FVG), and Fibonacci retracements, show that Ethereum may be due for a retracement. The trade plan outlined anticipates an entry around $4,440, with a stop loss above $4,790 and a downside target of $3,375 at a strong support area. This would imply a corrective move of over 20% if the bearish projection plays out. Chart Image From TradingView At the time of writing, Ethereum was trading at $4,465. Featured image from Unsplash, chart from TradingView

The Bitcoin price has been on an interesting trajectory over the past few weeks, setting new all-time highs along the way. More recently, the premier cryptocurrency surged to a new all-time high above the $124,100 mark. The Bitcoin price has since succumbed to significant bearish pressure, hovering around the $118,000 region for most of the weekend. A prominent crypto trader on the social media platform X has identified levels that could be pivotal to the coin’s future trajectory. $117,500 And $114,500 Are Next Support Levels: Glassnode Data In a recent post on the X platform, crypto analyst Ali Martinez pinpointed two support levels that could prove crucial to the Bitcoin price’s movements over the next few days. This evaluation is based on the cost-basis distribution of the Bitcoin supply. Martinez highlighted the cost basis distribution (CBD) metric, which looks at the average cost basis of the total Bitcoin supply within various price brackets. As observed in the chart below, the CBD metric utilizes a heatmap with fixed price bracket levels (on the vertical axis) over a specific period (on the horizontal axis). The CBD chart shows that there is a significant cluster of investor cost-basis distribution around the $117,500 and $114,500 Bitcoin price levels. This basically indicates the presence of several investors who likely purchased their coins around these price regions. According to data from Glassnode, 72,900 BTC and 56,201 BTC were acquired from around the $117,500 and $114,500 levels, respectively. Martinez earmarked these $117,500 and $114,500 levels as the next critical support zones for the market leader. These price regions could act as support cushions because investors—who have been in the green—are likely to defend their positions by buying more coins when the Bitcoin price returns to their cost bases; and this fresh buying activity could then help keep the price afloat. It is worth mentioning that the Bitcoin price could be at risk of a severe correction if it breaks beneath the $114,500 support, as no major price cushion seems to be in sight. Bitcoin Price Overview As of this writing, the price of BTC stands at around $117,600, reflecting no significant movement in the past 24 hours. This past-day action mirrors the current indecisiveness in the world’s largest market. According to CoinGecko data, the flagship cryptocurrency is up by a mere 0.7% in the last seven days.