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Bitcoin’s drop below $110K last week has ignited a surge in “buy the dip” chatter, but Santiment warns that may signal more downside ahead. “Don’t interpret ‘buy the dip’ chatter as a definitive bottom signal,” it said in a report. “ A true market floor often coincides with widespread fear and a lack of interest in buying.” BTC slumped to a low of $107,350 last week, according to TradingView data, while the Crypto Fear and Greed Index plunged to a “Fear” score of 39, signaling widespread anxiety. Daily chart for BTC/USDT (Source: TradingView ) BTC has since recovered slightly to trade at $108,583.22 as of 2:30 a.m. EST, but remains below the psychological $110K mark and more than 5% down over the last week. The Crypto Fear and Greed index has also bounced back, climbing 9 points in the last 24 hours to a “Neutral” score of 48. Investors Trying To Time The Market Now May Get Caught Off Guard With ...

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The US Department of Commerce has selected oracle providers Pyth Network and Chainlink to publish gross domestic product (GDP) data on blockchains including Bitcoin, Ethereum, and Solana. The news sent PYTH parabolic with a 90% surge to trade at $0.2219 as of 6:29 a.m. EST. “This is the first time a federal agency has published economic statistical data like this on the blockchain, and the latest way the Department is utilizing innovative technology to protect federal data and promote public use,” the government department said in a press release .  “It’s only fitting that the Commerce Department and President Donald Trump, the Crypto-President, publicly release economic statistical data on the blockchain,” said US Secretary of Commerce Howard Lutnick.  “We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world,” he added. US Departmen...

Institutional adoption of Ethereum is accelerating at a pace that now eclipses Bitcoin, with ETH futures open interest topping $10 billion and spot ETH ETFs seeing inflows ten times higher than their BTC rivals. The total notional open interest (OI) in ETH futures recently crossed above $10 billion for the first time on record, according to the CME Group. Notional OI represents the total dollar value of active or open contracts at any given time. “We’re certainly seeing a resurgence and renewed enthusiasm in Ether futures — especially as it relates to institutional participation,” CME Group’s global head of cryptocurrency products, Giovanni Vicioso, told CoinDesk. Large Open Interest Holder Count Hits A New Record The CME offers standard-sized contracts of 50 ETH as well as micro-sized contracts of 0.1 ETH. Earlier this month, the number of large open interest holders, who hold at least 25 ETH contracts at a given time, reached a record of 101.  T...

Telegram, a cloud-based instant messaging and social media mobile application, is transforming the non-fungible token landscape by leveraging its massive user base to drive NFT adoption and create new ways to interact with digital collectibles, primarily through integration with its TON blockchain network for non-fungible token gifts, stickers, and usernames. To expand this mission, Telegram has integrated a new API to make NFT trading simpler. NFT Trading Now Made Simpler On Telegram In an August 27 blog post, Telegram, through its sticker pack x account, confirmed that they have rolled out a new upgrade on its NFT ecosystem to improve trading of non-fungible token stickers and other digital assets. Telegram has integrated a new API built for the recently published NFT 2.0 standard. NFT 2.0 refers to the next evolutionary phase of NFTs, moving beyond digital art NFTs to incorporate utility, programmability, dynamic properties, interoperability, and improved sustainability. We are ...

Melania Meme (MELANIA) by First Lady Melania Trump is flashing what could be its most explosive setup yet, with technical indicators aligning for a potential surge of nearly 900%. This potential was highlighted by pseudonymous cryptocurrency analyst Master Ananda in a TradingView post on August 27, who noted that after months of steady decline, the token bottomed on July 8, with trading volume surging as the downtrend lost steam. MELANIA price analysis chart. Source: TradingView Since then, the coin has held a sideways structure but is now showing early recovery signals. Notably, on August 25, MELANIA formed a higher low compared to July, accompanied by a sharp uptick in trading volume, a sign that momentum may be shifting in favor of the bulls. The price has also climbed above key moving averages on the daily chart, signaling the start of a new bullish cycle. This combination of higher lows, moving average breakouts, and rising volume provides the recovery, reve...

BRICS member India hit back at Trump for dictating with whom they must conduct business and cross-border transactions. India’s Foreign Minister S. Jaishankar dismissed the West’s BRICS vs. Quad narrative, citing that both alliances are different. Many commentators in the West hit out at India, citing that the country is procuring oil from Russia despite being a part of the Quad. For the uninitiated, Quad is an alliance comprising four countries: India, Japan, Australia, and the US. The group was formed in 2007 by Japanese Prime Minister Shinzo Abe to hold talks among member nations. Also Read: Wall Street Reacts To BRICS Currency During a talk at The Economic Times World Leaders Forum (WLF), S Jaishankar said that BRICS and Quad are separate. The two cannot be interlinked as the ideologies are different, and business deals and policies are non-identical. “Quad is still the Quad, and BRICS is still BRICS, and countries like India should not be forced to make binary choi...

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As Bitcoin (BTC) faces the renewed threat of plunging below the $110,000 support amid a broader market sell-off, historical data suggests the asset may be destined for more losses in September. Since 2015, Bitcoin has managed only a 40% win rate in September, with an average return of -2.5%, according to data from charting platform TrendSpider shared on August 25. Bitcoin seasonality chart. Source: TrendSpider The seasonality outlook points to a bearish trend, placing September alongside August as one of the least favorable months for BTC holders.  In contrast, months such as February and October have delivered outsized gains, boasting win rates of 82% and 90% respectively. BTC’s new bearish sentiment  Notably, the statistic emerges at a time when Bitcoin is grappling with fresh bearish sentiment, as whale selling and exchange-traded fund outflows weigh on investors’ confidence. To this end, analysts have laid out several scenarios for the flagshi...

Crypto markets may be peaking as social media chatter around potential Federal Reserve rate cuts hits an 11-month high, Santiment said. Keywords like “Fed,” “rate,” and “cut” have dominated discussions, reflecting unusually high investor optimism, said Santiment, which tracks crypto market sentiment. “Historically, a massive spike in discussion around a single bullish narrative can indicate that euphoria is too high and may signal a market top,” it said in i ts “This Week in Crypto” report. “ETH is just inches away from its historic peak, but on-chain data shows its valuation is entering a “danger zone,” signaling potential for a pullback. Despite price stability, the amount of Bitcoin held on exchanges is rising, a trend that has historically preceded selling pressure.” Powell Hints At Possible Rate Cuts Santiment’s report comes after Fed Chair Jerome Powell said during a speech at Jackso...

Trish Turner, the head of the IRS crypto unit, is resigning from her post, according to a Friday statement. “Digital assets have shifted from a niche issue to a core focus for global regulators, and I am proud to have helped lay the foundation for oversight in this fast-changing space,” Turner said in a statement. “Now, I’m excited to be moving to the other side of the table to help taxpayers, businesses, and institutions understand their obligations and navigate those same rules with confidence.” Turner is leaving to serve as tax director at CryptoTaxGirl, a firm specializing in crypto-related tax guidance. She will also collaborate with the UK-based firm Asset Reality. Laura Walter, CryptoTaxGirl’s founder, says in a statement that Turner’s arrival will help “ensure our clients receive the highest level of guidance, protection, and confidence in their filings.” Turner is the latest in a series of top IRS officials leaving the statutory body amid gro...

Meta’s Google cloud AI deal worth over $10 billion has actually been signed between Meta and Google right now, and this is marking a pretty significant shift in how cloud computing partnerships are working these days. This Meta Google Cloud partnership spans six years and also represents Google’s second major cloud agreement recently, along with its deal with OpenAI that happened earlier. The Meta AI infrastructure deal will provide Meta with essential Google Cloud AI services to power its artificial intelligence ambitions, which are getting bigger by the day. ️ NEW: Meta signs a $10B deal with Google for its cloud computing services to boost AI computing power, per Bloomberg. pic.twitter.com/V3Viy57e3A — Cointelegraph (@Cointelegraph) August 22, 2025 Meta’s $10B Google Cloud Deal: Transforming AI Infrastructure Source: Virtual Reality The Meta Google cloud agreement is coming at a time when tech giants are really competing hard for AI infrastructure supremacy right no...

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...