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BlackRock records $500 million in outflows from these two cryptos

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U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) saw another wave of withdrawals yesterday, August 20, the fourth consecutive day of consistent net outflows. Bitcoin ETFs shed $311.57 million during the session, with BlackRock (IBIT) leading the sell-off with $220 million, according to data from SoSoValue on August 21. Ark (ARKB) had the same idea, dropping $76 million, while Fidelity (FBTC) and Grayscale (GBTC) posted smaller outflows of $7 million and $8 million, respectively. Ethereum ETFs also recorded substantial redemptions, with $240 million withdrawn on the day and BlackRock (ETHA) again taking the brunt of it, seeing $257 million in withdrawals.  Trading volumes still high Despite the net losses, trading volumes remained fairly high, suggesting investors are more likely to be repositioning rather than exiting the market altogether. Shifting strategies could be the result of both Bitcoin and Ethereum struggling to hold key...

Ethereum Treasury Boom Drives Demand: Can The Market Handle The Risks?

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Ethereum On Path To Hit $7000: Here's When

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Ethereum is currently surging at a rapid pace. The token is attracting massive momentum as of late, especially after the passing of the highly anticipated Genius Act. The token is currently sitting at $4161, aiming for the higher price hauls. ETH is currently being favored from all corners of the market, as institutional elements keep pushing ETH to pursue new highs. Here’s when Ethereum may end up scaling to $7000, delivering major profits in the process. Also Read: Don’t Ignore ETH: Analysts See Ethereum Surging To $8K To $15K Soon Ethereum: Institutional Surge and Demand Source: Watcher.Guru Ethereum is undoubtedly one of the most promising cryptocurrency tokens to exist in the space. ETH has lately been a center of institutional demand and activity, helping it soar to new highs. The token is primarily being dubbed as the center of stablecoin development and infrastructure, which is adding more weight to ETH’s overall market momentum. “The stablecoin boom is mostly on Eth...

Is the US targeting Solana devs in Russia with crypto 'infostealers'?

Russian Solana devs are being targeted by “infostealer” malware, possibly deployed by US state-sponsored actors, according to research by software supply chain security firm, Safety.  The findings, published by Safety’s Head of Research Paul McCarty, led to speculation from security news outlet The Register, that it could point to an attempt from the US to disrupt Kremlin-linked ransomware gangs. According to McCarthy’s research, a threat actor using a cryptocurrency-focused “infostealer” dubbed “Solana-scan” has been targeting Solana community members with Russian IPs. The malicious packages, “solana-pump-test” and “solana-spl-sdk,” were uploaded to the JavaScript registry NPM by someone with the username “cryptohan.” They pretend to scan “for Solana SDK components” while stealing data on crypto credentials and owned tokens.  “Cryptohan” is a popular moniker in the crypto community and was presumably chosen to give the malware...

MicroStrategy abandons MSTR dilution promise after mNAV drop | Protos

On July 31, MicroStrategy (MSTR) published explicit forward guidance, “We will not issue MSTR below 2.5x mNAV except to pay interest and dividends.” Fast forward to this morning, and founder Michael Saylor has modified that guidance entirely, allowing dilution of MicroStrategy shareholders “when otherwise deemed advantageous to the company.” That remarkable about-face leaned heavily on the boilerplate disclaimer in its Q2 earnings that states, “Actual results may differ materially from these forward-looking statements.” MicroStrategy is the world’s largest bitcoin treasury company, holding $73 billion worth of BTC. Unlike most companies, investors primarily value its common stock not on a traditional earnings multiple but, instead, on a multiple to Net Asset Value or ‘mNAV.’ Over time, the company has sold various forms of debt and dividend-yielding preferred shares to raise cash to buy bitcoin. These non-dilutive sales accrete bitcoin holdings for MSTR shareholders and ra...

Bitcoin Price Holds Steady Around $118,000 — Here Are The Next Crucial Levels

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Trump-Backed American Bitcoin Targets Asian Companies For Strategic BTC Acquisitions

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Analyst Who Accurately Predicted 2025 Bitcoin Pullback Says BTC Could Crash Before the Next Leg Up – Here Are His Targets

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A widely followed analyst who had earlier in the year warned of a crypto market pullback now says Bitcoin (BTC) could undergo a correction before rising higher to a new all-time high. The analyst pseudonymously known as Bluntz tells his 327,300 followers on the social media platform X that he “wouldn’t be surprised” to see Bitcoin plunge substantially before resuming an uptrend. Based on the pseudonymous analyst’s chart on the daily time frame, it appears he’s suggesting that Bitcoin has completed the third wave of a five-wave Elliott Wave pattern inside a rising wedge pattern. According to the Elliott Wave theory, the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. From the chart, it appears the pseudonymous analyst sees Bitcoin falling to around $110,000 before appreciating to around $135,000 to complete the fifth wave. Source: Bluntz/X Bitcoin is trading at $120,437 at time of writing. Next...

We asked ChatGPT-5 what will be XRP price end of 2025; Here’s what it said

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XRP has been one of the best-performing cryptocurrencies this year, having gained more than 50% and trading at over $3 multiple times. Last week, Ripple and the U.S. Securities and Exchange Commission (SEC) also agreed to dismiss their appeals, finally putting the longest-running crypto dispute to rest. With Ripple now free to dedicate its resources where it matters, and with the regulatory environment growing ever more crypto-friendly, the market debates whether XRP can reach new heights in the following months. XRP price prediction To put the bullish predictions to the test, Finbold consulted OpenAI’s latest ChatGPT-5 chatbot regarding potential XRP price targets for the end of 2025.  The artificial intelligence (AI) took into account the cryptocurrency’s price of $3.21 at press time, as well as factors such as analyst projections and technical indicators, and came up with four potential scenarios we might witness by December 31. XRP price prediction....

Do Kwon May Plead Guilty in US Courts for $40,000,000,000 Collapse of TerraUSD (UST): Report

Disgraced Terra Labs co-founder Do Kwon may reportedly plead guilty in US courts for the multi-billion-dollar collapse of the algorithmic stablecoin TerraUSD (UST). According to a new report by Bloomberg, Kwon could plead guilty to fraud for his role in the $40 billion collapse of UST in 2022 during his plea hearing this week. In an order, Judge Paul Engelmayer told Kwon to be prepared to explain how he violated the law if he does plead guilty. Kwon, 33, was initially arrested in March of 2023 in Montenegro after being caught attempting to board a flight to the United Arab Emirates with a forged passport. After a two-year battle to see whether he’d be charged in the US or his native South Korea first, in which the highest court in the Balkan nation ruled he’d be extradited to the US, Kwon eventually entered a not guilty plea in January. In a 2024 civil fraud suit filed by the U.S. Securities and Exchange Commission (SEC), a New York jury found that K...

Ethereum Flashes Once-In-A Decade Bull Signal, Says Analyst

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