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Crypto Trends

BTC risks deeper slide to $100K. (GoranH/Pixabay)

Binance Becomes First Centralized Exchange to List Trump-Linked WLFI Token

by admin September 1, 2025

Binance is the first crypto exchange to list World Liberty Financial (WLFI), the Trump-family-linked decentralized finance (DeFI) project, with trading set to begin Monday afternoon UTC time, according to a recent announcement.

Deposits are already live, while withdrawals are scheduled to begin Tuesday. Binance will apply its “seed tag” designation, a label reserved for innovative but high-risk tokens.

Until now, WLFI tokens were non-transferable by design, a compliance-driven restriction meant to keep the presale tokens from being freely traded, and Binance’s listing marks the shift to allowing transfers and opening markets on a centralized exchange for the first time.

Following the Binance announcement, South Korean exchange Upbit also said it will list WLFI.

On Binance, to access WLFI trading, users must complete quizzes acknowledging heightened volatility and risk disclosures. The token will launch on three blockchains simultaneously: Ethereum, Binance Smart Chain, and Solana.

WLFI futures launched last week on the Hyperliquid decentralized exchange, where traders rushed to short the token, driving its implied valuation down to $24 billion from $44 billion within hours.

The debut on Binance provides the first spot market for WLFI itself, marking a turning point from its non-transferable token phase to full tradability.

Eric Trump and Binance founder Changpeng ‘CZ’ Zhao both recently spoke at BTC Asia in Hong Kong.

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September 1, 2025 0 comments

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Tether’s grip on stablecoins slips below 60% for first time since 2023

by admin September 1, 2025

USDT dominance is eroding as Circle and other stablecoin competitors fight for a share of the pie.

Summary

USDT dominance fell below 60% for the first time since 2023
Circle’s USDC is its primary competitor, nearing 30% dominance
The passage of the US GENIUS Act is making the market more competitive

Competition among stablecoin issuers is growing. On Friday, August 29, USDT dominance fell to 59.45%, according to data from DeFiLlama. This was the first time the key figure fell to these levels since March 2023, indicating that Tether may be losing its grip on the market.

Stablecoins by dominance since 2018 | Source: DeFiLlama

Notably, in the first half of 2024, USDT dominance hovered around 70%. At the same time, Tether’s main competitor, Circle’s USDC, controlled just 18% of the market, a figure which is now close to 30%. On the other hand, DAI’s dominance fell in that period, from around 3.5% to its current level of 1.86%.

One standout performer this year is Ethena’s USDe. Launched in December 2024, already reached 4.34% in dominance and a market cap of $12.275 billion. On the other hand, Trump World Liberty Financial’s USD1 controls 0.88% of the market.

Tether faces regulatory issues in Europe, the U.S.

Tether is not just facing increased competition. With more countries issuing stricter rules on stablecoins, its USDT is at a disadvantage. So far, Tether has declined to comply with Europe’s MiCA stablecoin framework, leading to its delisting on major exchanges.

Top stablecoins by market cap | Source: DeFiLlama

Tether may soon face the same issue in the United States, which recently passed the GENIUS Act, which requires more transparency from stablecoin issuers. Still, despite a shift in market positioning, major players, including Tether, are on the rise. Both USDT and USDC are at record levels, at $168.43 billion and $70.378 billion, respectively.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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September 1, 2025 0 comments

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99% In Favor Of Solana Alpenglow Upgrade Lowering TX Finality

by admin September 1, 2025

Solana’s Alpenglow proposal, which seeks to slash the blockchain’s transaction finality to around 150 milliseconds, is expected to proceed after 99% have voted in support of it, with just two days left for voting.

The Alpenglow consensus protocol was unveiled in May by Anza — a Solana development firm spun out of Solana Labs — and has been described by ecosystem members as the biggest protocol upgrade in Solana’s history.

It would slash the current finality from 12.8 seconds to just 150 milliseconds, a near 100-fold speed increase that could put it on par with current internet infrastructure.

The governance process for Alpenglow kicked off on Aug. 21, and over 99.6% of votes cast so far have said “yes” to the proposal, Staking Facilities data shows.

Voting will close at epoch 842, which is expected to be complete on Tuesday at 1 pm UTC, according to Solanabeach.io.

The quorum threshold of 33% of votes has also been reached, meaning Alpenglow is now almost certain to pass if the current voter trajectory remains the same.

Voting breakdown for the Alpenglow consensus protocol proposal: Source: Staking Facilities

A successful implementation of Alpenglow would strengthen Solana’s case as one of the fastest layer-1 blockchains, surpassing Sui — which has transaction finality around 400 ms — and potentially even outperform standard Google searches, which return results in roughly 200 ms.

Transaction speed has been a key selling point for layer-1 blockchains seeking to compete with Bitcoin and Ethereum, the latter of which includes transactions in around 12 or 13 seconds but doesn’t reach finality until roughly 12 minutes later.

Alpenglow could expand Solana’s use cases far beyond payments, trading and gaming, Anza researchers Quentin Kniep, Kobi Sliwinski and Roger Wattenhofer said in May when the white paper was released.

“A median latency of 150 does not just mean that Solana is fast — it means Solana can compete with Web2 infrastructure in terms of responsiveness, potentially making blockchain technology viable for entirely new categories of applications that demand real-time performance.”

Alpenglow includes Votor and Rotor

The first of Alpenglow’s key components is Votor, which would process voting transactions and block finalization logic, aiming to finalize blocks in a single round if 80% of the stake is participating, and in two rounds if only 60% of the stake is responsive. It would replace TowerBFT.

The second is Rotor, a data dissemination protocol that would replace Solana’s proof-of-history timestamping system and aim to reduce the time it takes for all nodes to agree on the network state.

1/ Rotor is Solana’s new block propagation protocol introduced in the Alpenglow upgrade. It’s a single layer of relayers that replaces Turbine’s multi-hop, delivering blocks faster and more uniformly across the network 🧵 pic.twitter.com/0KhpLuLe8u

— Anza (@anza_xyz) August 13, 2025

Alpenglow won’t fix Solana’s network outages

The project’s white paper noted that switching to Alpenglow wouldn’t completely shield Solana from the network outages that it has experienced in the past.

Related: Solana lobby group adds $500K to Roman Storm’s defense war chest

Solana currently only has one production-ready client, Agave, meaning any security vulnerability in Agave can disrupt the entire Solana network.

However, a new independent validator client called Firedancer is set to launch on Solana’s mainnet later this year, which will provide client diversification for the network.

Magazine: 3 people who unexpectedly became crypto millionaires… and one who didn’t

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September 1, 2025 0 comments

Crypto Trends

DOGE Price Prediction for August 31

by admin September 1, 2025

Most coins from the top 10 list are rising today, according to CoinStats.

Top coins by CoinStats

DOGE/USD

The rate of DOGE has gone up by 0.48% since yesterday. Over the last week, the price has fallen by 5.58%.

Image by TradingView

On the hourly chart, the price of the meme coin is on the way to the local support of $0.2159.

Can PI moon past $0.35?

by admin September 1, 2025

Summary

Pi Coin (PI), the native token of the Pi Network, is trading close to $0.35 and current Pi Coin price prediction analysis shows it could moon higher.
Price has varied by -3.6% over the last 7 days and by -15.32% in the past month.
The current case for Pi Coin is neutral, with support and resistance levels now being closely watched by analysts and traders alike.

Pi Coin (PI), the native token of the Pi Network, is trading close to $0.35 six months after its long-awaited Open Network launch in February 2025, and current Pi Coin price prediction analysis shows it could moon higher.

The debut initially generated heavy buzz, but trading activity has cooled, leaving investors questioning whether Pi can stage a rebound or drift further into decline.

Pi Coin price prediction analysis

Over the last 24 hours, the price has moved by 1.75%, with a change of -0.35% in the past hour. For longer-term performance, the price has varied by -3.6% over the last 7 days and by -15.32% in the past month.

Resistance in the $0.45 range on the daily Pi Coin price chart | source: TradingView

Support levels for PI are seen at $0.30 with resistance established between $0.42 and $0.45. Price has been consolidating for weeks in this range, with sideways trading increasing the likelihood of a volatile breakout.

The question, of course, is over the direction that breakout will swing.

Bullish view on Pi Coin

If Pi Coin can break through the upper band of resistance at $0.45, a new support floor could be established, setting the stage for price action in the $0.55 to $0.60 range, with potential for a $1.00 price point in the future.

Pi Network has a strong community, and any progress in securing new listings, partnerships, or other adoption wins could contribute to fairly heavy upward momentum.

Bearish view on Pi Coin price

On the other hand, if PI drops below $0.30, support levels might see PI price drop to $0.25 or even $0.20, pre mainnet launch price levels. There are some concerns over the long-term utility of the project as well as the fairly slow pace of project development, both of which have led to bearish sentiment in some trading circles.

Pi Coin has been on a downward price trend since May, failing to make higher highs | source: TradingView

Due to a lower liquidity level than that of higher-cap coins, a significant price drop could prove difficult to recover from if it takes place.

Final word on Pi Coin price forecast

For now, Pi Coin’s key trading range is $0.30–$0.45.

A breakout above resistance could lead to a run toward $0.55–$0.60, with an eventual push to $1.00 possible if adoption improves.
A breakdown below support would confirm bearish momentum, exposing the coin to $0.25–$0.20 targets.

The current Pi outlook is neutral, with the expectation that price will remain choppy until either utility breakthroughs or fresh exchange listings provide a new catalyst. Traders should brace for volatility, as Pi attempts to prove whether it can live up to its early hype—or settle into the lower tiers of the crypto market.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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September 1, 2025 0 comments

Crypto Trends

What Happened In Crypto Today

by admin August 31, 2025

Today in crypto, Investor and analyst Jordi Visser predicts AI will drive BTC investment, California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures. Meanwhile, crypto social media activity suggests potentially more downside ahead for the market.

AI to “speed up” rate of change, drive investors to Bitcoin as safe haven

Market analyst and investor Jordi Visser said AI will make stocks obsolete in the coming decades by exponentially reducing the innovation cycle and increasing the rate of change in society, ultimately driving investors to Bitcoin (BTC).

Visser told podcaster and investor Anthony Pompliano that AI will speed up innovation so much that slow-moving public companies will not maintain profitability or even get off the ground in an age of such rapid change. He said:

“If the innovation cycle is now sped up to weeks, we are in a video game where your company never hits escape velocity, and in that world, how do you invest? You don’t invest, you trade.”

Visser said the change would force investors to seek an alternative store of value like Bitcoin, which would outlast conventional investment vehicles and publicly traded companies.

Analyst and investor Jordi Visser shares his Bitcoin prediction on Anthony Pompliano’s podcast. Source: Anthony Pompliano

California governor teases ‘Trump Corruption Coin’ in jab at MAGA memecoins

California Governor Gavin Newsom has teased plans to launch a “Trump Corruption Coin” as a direct response to Donald Trump’s controversial involvement in crypto, especially through memecoins.

Speaking on the “Pivot” podcast, Newsom, a Democrat, said the planned memecoin, named explicitly after Trump’s alleged scandals, is part of his broader “Campaign for Democracy” initiative, with proceeds from the coin going toward redistricting efforts and voter outreach.

“We’re about to put a meme coin out,” Newsom said during the interview. “And you know what, Donald Trump? We’ll see how well your coin does versus our coin.” When asked if it would be called a “Gavin Coin,” the governor replied: “No, it’s Trump Corruption Coin.”

“We’re just trying to turn up the heat and tune people into the absurdity,” he added. “This is one of the great grifters of our time,” Newsom said of Trump. “None of this is normal.”

Gavin Newsom: “We’re about to put a meme coin out.”

Kara Swisher: “Is it going to be gold Gavin Coin?”

Newsom: “No, it’s Trump Corruption Coin… this is one of the great grifters of our time… His family is sent out before these foreign trips doing deals.The crony capitalism… pic.twitter.com/HNknqlm9Gi

— Blue Georgia (@BlueATLGeorgia) August 29, 2025

Crypto ‘buy the dip’ calls are spiking, which may signal more downside

The rising number of “buy the dip” calls following Bitcoin’s 5% drop over the past week could signal more downside ahead for the crypto market, according to sentiment platform Santiment.

“Clearly, overall, in the markets, people are getting antsy and trying to find some entry spots now that prices have cooled down a bit,” Santiment analyst Brian Quinlivan said in a video published on YouTube on Saturday.

Santiment said in a separate report published on the same day that social media mentions of “buy the dip” have increased significantly amid the crypto market downturn, which may be a warning sign for the market.

“Don’t interpret ‘buy the dip’ chatter as a definitive bottom signal. A true market floor often coincides with widespread fear and a lack of interest in buying,” Santiment said.

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August 31, 2025 0 comments

Crypto Trends

XRP Price in Trouble, Bollinger Bands Signal

by admin August 31, 2025

XRP is finishing August on a negative note, and the latest Bollinger Bands readings suggest the token isn’t showing the kind of setup that usually happens before a rally.

On the weekly chart, the coin has slipped from early summer highs near $3.60 and is now holding just barely above $2.80. The middle band, which traders often use to figure out direction, is starting to slope downward.

More pessimism for XRP

The 12-hour and 4-hour charts tell us the same thing. XRP has been on a bit of a slide, heading toward the $2.70 area. But as soon as it hits the midline barrier, attempts to bounce back quickly fall flat.

Even the 1-hour chart, where sudden reversals often appear, shows more of a slow grind along the lower edge than any rebound worth noting.

Rich Bitcoiners Seem to be Spending BTC on Luxury Holidays. Is This Really a Good Idea?

by admin August 31, 2025

Bitcoin’s latest rally is spilling over into the luxury holiday market.

The Financial Times (FT) reported earlier today that private jet firms, cruise lines and boutique hotels are increasingly accepting crypto payments.

Flexjet-owned FXAIR, for instance, now takes tokens for transatlantic trips costing about $80,000, while cruise operator Virgin Voyages sells annual passes worth $120,000.

SeaDream Yacht Club and boutique hotel groups including The Kessler Collection have also added crypto checkout options, according to the FT.

High-end travel is a natural niche for crypto spending. On six-figure invoices, fees and volatility matter less, and merchants can instantly convert payments into fiat.

For customers, paying in bitcoin carries status value, echoing earlier bull-market splurges on Lamborghinis and watches. This time, the indulgence is time-saving private jets and one-of-a-kind cruises.

Still, whether it makes financial sense is another matter. Bitcoin’s most famous cautionary tale comes from 2010, when Florida programmer Laszlo Hanyecz spent 10,000 BTC on two pizzas, a purchase now worth over $1 billion in hindsight. Today’s jet bookings could invite the same regret if bitcoin keeps climbing.

Yet others see logic in cashing in.

With bitcoin recently hitting a record $124,128 on Aug. 14, some wealthy holders may view the present rally as a window to lock in gains before macro shocks send prices lower.

Inflationary pressures tied to the new U.S. import tariffs, along with wider economic uncertainty, could easily knock BTC back below $100,000, turning today’s holiday splurges into a rational hedge.

There are also tax complications.

The U.S. Internal Revenue Service (IRS), for instance, treats crypto as property, meaning that spending BTC counts as a taxable disposal and can trigger capital-gains liabilities. The U.K.’s HMRC applies the same principle, taxing disposals when coins are sold, swapped or spent.

The bigger backdrop, according to McKinsey data cited by the FT, is that younger affluent travelers are driving a luxury travel boom projected to nearly double spending between 2023 and 2028. For that generation, crypto is not just an investment vehicle but also a way to pay for experiences that promise freedom and exclusivity.

Bottom line: Crypto hasn’t taken over coffee shops, but at the top end of the market it is showing up. Whether that’s smart wealth management or another billion-dollar pizza mistake depends on how long this bull cycle lasts.

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August 31, 2025 0 comments

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Polygon price to surge 45% as NFT sales, addresses, stablecoins jump

by admin August 31, 2025

Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped.

Summary

Polygon price rose as third-party data showed its ecosystem was growing.
NFT sales and buyers in its network jumped by double digits in the last 7 days.
The stablecoin supply in the Polygon ecosystem jumped to a record high.

Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year.

Polygon active addresses and NFT sales rebound

Third-party data shows that the Polygon ecosystem network is making some improvements. According to CryptoSlam, NFT sales in its network jumped by 14% in the last seven days to $18.9 million as buyers soared 64% to 65,626.

This growth was driven by Courtyard, whose NFT sales jumped by 17% to $17 million. Its sales were much higher than the other three collections — CryptoPunks, DMarket, and Pudgy Penguin, combined.

NFT sales in other chains like Ethereum (ETH), Bitcoin (BTC), and BNB Chain dropped by 13%, 6.7%, and 54%, respectively.

Polygon price also jumped as Nansen data revealed that the number of active users in the network had jumped. They jumped by 10% in the last 7 days to 2.4 million, which is notable as most chains, including Solana and Base, lost active users.

Polygon price also rose after the US government moved some of its data to it and other chains. In its statement, the Commerce Department said that publishing the numbers on-chain helped to demonstrate the wide utility of blockchain technology.

Meanwhile, DeFi Llama data shows that Polygon is becoming a powerhouse in the stablecoin industry. The stablecoin supply has surged to a record high of $1.32 billion, a notable development following the recent signing of the GENIUS Act. Most importantly, Polygon now supplies more than half of all non-USD stablecoins.

Polygon supplies more than half of all non-USD stablecoins, with a lifetime FX transfer volume of $3.2B+

A strong indicator onchain payments are finding real product–market fit in developing economies, at global scale. pic.twitter.com/ZKIkUSOKfA

— Polygon (@0xPolygon) August 29, 2025

Polygon price technical analysis

POL price chart | Source: crypto.news

The daily timeframe chart shows that the POL price bottomed at $0.1655 in June and has been rising since then. It has flipped the important resistance level at $0.2620, the highest swing on July 22. It then retested the crucial $0.2796, the neckline of the double-bottom at $0.1655.

Polygon price also flipped the 200-day Exponential Moving Average into support. Therefore, the most likely scenario is where it continues rising as bulls target the 38.2% Fibonacci Retracement level at $0.3850, up by 46% from the current level.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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August 31, 2025 0 comments

Chart showing corporate bitcoin treasury growth in July and August 2025

Crypto Trends

Bitcoin Post-Halving Top? Analyst Says BTC Demand Outpacing Supply Over 6x in 2025

by admin August 31, 2025

Bitcoin is holding steady around $108,716, according to CoinDesk Data, but behind the flat price action are signs of a potential breakout as both retail and institutions ramp up accumulation.

On Aug. 29, André Dragosch, European head of research at Bitwise, noted that corporate adoption of bitcoin has accelerated at a historic pace. He said that July and August alone saw the creation of 28 new bitcoin treasury companies and an increase of more than 140,000 BTC in aggregate corporate holdings.

That figure is nearly equivalent to the total amount of new bitcoin mined in a year (which is around 164,000 BTC), underscoring how demand from treasuries is soaking up supply faster than it is produced.

The accompanying Bitwise chart showed a steep upward curve, highlighting how companies are increasingly treating bitcoin as a reserve asset in the mold of Michael Saylors’ Strategy (MSTR).

Corporate treasuries added 140,600 BTC in July–August, per Bitwise (Bitwise/X)

Moments later, Dragosch addressed a popular narrative among analysts that bitcoin could “top out” in 2025 because of post-halving cycle patterns seen in earlier years. He argued that such thinking overlooks the scale of institutional demand today.

Institutional demand outpacing supply more than 6x in 2025, Bitwise data shows (Bitwise/X)

His chart showed that as of Aug. 29, 2025, institutional demand has absorbed over 690,000 BTC, compared with a new supply of just over 109,000 BTC, making demand roughly 6.3 times larger than supply.

While Dragosch described it as nearly seven times, the precise ratio still illustrates an extraordinary imbalance that challenges historical cycle comparisons. For investors, the implication is that halving-driven supply dynamics may matter less in the current era of institutional adoption.

Two days earlier, on Aug. 27, Dragosch pointed to retail buying as another driver. He said the rate of accumulation across all bitcoin wallet cohorts — from small holders to whales — had reached its highest level since April. In his words, investors appear to be “stacking relentlessly.”

The Bitwise chart attached showed sharp upward moves across wallet groups, suggesting that retail demand is lining up with institutional flows. Historically, synchronized accumulation across cohorts has often preceded major upside moves, making the current environment notable for bulls.

Bitcoin wallet cohorts show strongest accumulation since April 2025 (Bitwise/X)

Despite the accumulation of data, bitcoin is little changed at $108,716 in the past 24 hours, according to CoinDesk Data, as markets await clearer catalysts.

Price Analysis Highlights

(All times are UTC)

According to CoinDesk Research’s technical analysis data model, between Aug. 30 at 15:00 and Aug. 31 at 14:00, BTC traded within a $2,150 range, fluctuating between $107,490 and $109,640.
Heavy buying support emerged near $107,800, where volumes exceeded daily averages, establishing a key short-term floor.
Resistance formed around $109,600, where repeated rejections indicated profit-taking pressure.
In the final 60 minutes of the analysis period, BTC swung from $109,250 to $108,700 before closing near $108,900, showing continued volatility but stable support levels.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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August 31, 2025 0 comments