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Shiba Inu Team Issues Urgent Warning on LEASH, Ecosystem Token Scams

by admin August 31, 2025

The Shiba Inu team has issued an urgent warning on scams targeting LEASH and other Shiba Inu ecosystem tokens.

In a tweet, Shiba Inu-focused X account Susbarium warns the Shiba Inu community to beware of fake migration sites and scam messages targeting LEASH and other SHIB ecosystem tokens.

The Shiba Inu Shibarium watchdog flagged a fraudulent site that was promoting LEASH migration.

🚨 SHIBARMY SAFETY ALERT 🚨

Beware of fake migration sites and scam messages targeting $LEASH and other Shiba Inu ecosystem tokens.

🔴 The site seen in the image is confirmed to be fraudulent.
🔴 Telegram messages promoting “LEASH V2 Migration” with wallet connection requests… pic.twitter.com/ritcxUChQC

— Susbarium | Shibarium Trustwatch (@susbarium) August 30, 2025

An incident that happened Aug. 11, 2025, saw LEASH supply increase by 10%, negating the belief that supply was fixed and rebasing was disabled. After careful consideration by the Shiba Inu team and the community, it was decided to launch LEASH v2 on a new, audited, non‑rebase contract with the final outcome subject to DAO approval.

Crucial warnings issued

Susbarium reiterates that Telegram messages promoting “LEASH V2 Migration” with wallet connection requests are phishing attempts with the aim of draining user funds. Shiba Inu holders are warned never to connect their wallets or approve any transactions from these sources.

Analyst Predicts a $10M Bitcoin as Bitcoin Hyper Catches Steam

by admin August 31, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin Adviser’s Luke Broyles predicts that Bitcoin could reach $5M or even $10M and traders would still not accept that it can go higher.

The crypto analyst bashed Bitcoin-skeptic investors during the Coin Stories podcast on Friday, where he told Natalie Brunell:

I think Bitcoin will be at $5 million, $10 million or more, and people will still be saying – Yeah, well it’s 8% of world assets now. It can’t go any higher, right?

—Luke Broyles, The Coin Stories Podcast

As noted by Broyles, skeptics have followed the same ‘it can’t go any higher’ pattern since Bitcoin’s day one and they’ll likely stay on track in the future as well.

Yet, despite the community skepticism, Bitcoin endured and is now on track to break another ATH by the end of 2025, following Trump’s GENIUS Act coming into play.

When that happens, Bitcoin Hyper ($HYPER) is likely to explode, as the $13M presale is already one of the fastest-growing presale events in 2025.

Investor Skepticism is Holding Bitcoin Back

During the Coin Stories podcast, Broyles argued that the main issue holding Bitcoin back isn’t technical in nature, but psychological. More specifically, crypto skepticism is holding Bitcoin back by preventing mainstream adoption.

And behind skepticism is the lack of technical knowledge, which is what’s preventing investors from diving into the crypto ecosystem to begin with.

According to an August 2024 survey by Swyftx, 43% of respondents stated that they avoid Bitcoin because they don’t know how it works. Moreover, only 20% of the population held cryptos in 2024, down from 23% in 2023.

As Broyles sees it, the public’s skepticism, combined with its low understanding of crypto tech, is responsible for hindering Bitcoin’s true potential.

However, this is about to change as Bitcoin merges with real estate, which will ‘blow people’s minds,’ according to Broyles.

This would be the signal for Bitcoin Hyper to gain mainstream adoption once it goes public and sees successful implementation.

How Bitcoin Hyper ($HYPER) Makes Bitcoin Faster and More Performant

Bitcoin Hyper ($HYPER) is the Layer 2 solution to Bitcoin’s most pressing issue: low on-chain performance. Hyper’s goal is to help Bitcoin surpass its limitation of 7 transactions per second (TPS), unlocking scalability and delivering high throughput.

This would make Bitcoin more feasible for institutional investors, some of whom perform tens of thousands of transactions, like is the case with Visa’s 65,000 TPS.

To get Bitcoin there, Hyper relies on tools like the Canonical Bridge, which connects Hyper’s Layer 2 to Bitcoin’s ecosystem.

The Canonical Bridge decongests the Bitcoin network by minting the users’ Bitcoins into Hyper’s layer 2. This takes away the traffic from Bitcoin’s Layer 1, delivering high scalability and bringing transaction confirmation times down from hours to seconds.

The latter is thanks to the Bitcoin Relay Program, which confirms transaction details in record time.

The Solana Virtual Machine (SVM) is another critical addition to Hyper’s toolset, delivering ultra-fast execution of Smart Contracts and DeFi apps and pushing Bitcoin’s performance to Solana-grade numbers.

For reference, Solana’s real-time TPS goes up to over 1,000, with a theoretical maximum value of 65,000.

The project is in presale and has raised over $13M since its start date in May, which makes it one of the fastest-growing presales of 2025. If you want to join the hype train, you can buy $HYPER right now at its presale price of $0.012835.

This should make for a fine investment, given that our analysts’ price prediction for $HYPER is $0.32 for the end of 2025. This translates into an ROI of 2,939%. Make that 11,586% when $HYPER reaches $1.50 by 2030. Possibly more.

So, if you want a place at the Hyper table, check out our guide on how to buy $HYPER, and get your share today.

Can Bitcoin Reach $10M?

Theoretically, there’s nothing preventing Bitcoin from reaching $10M. Will it happen, though? Most likely yes.

It all comes down to two three things, two of which are already in play: increasingly favorable crypto legislation, growing institutional support, and mainstream adoption.

Trump’s GENIUS Act is taking care of the first, while Michael Saylor’s Strategy pushes the second one with its expanding Bitcoin reserve, currently at 632,457 $BTC.

Once Bitcoin also reaches mainstream, the sky is the limit and Bitcoin Hyper ($HYPER) will likely tag along for the ride.

This isn’t financial advice. Do your own research (DYOR) before investing.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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August 31, 2025 0 comments

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Trump-Backed USD1 to Supplant Tether, USDC as Top Stablecoin by 2028: Blockstreet

by admin August 31, 2025

In brief

Blockstreet is creating a complimentary ecosystem for USD1, the Trump-backed stablecoin.
Co-founder Kyle Klemmer believes that it will outmatch all other stablecoins by 2028.
World Liberty Financial’s WLFI governance token becomes tradable on Monday.

By the time U.S. President Donald Trump’s second term is over, USD1 will have become the world’s most dominant stablecoin, according to Blockstreet co-founder Kyle Klemmer.

“With the team, the backing, and just the overall excitement that the blockchain community has, I can certainly see USD1 being the most widely adopted stablecoin in the world by 2028,” he told Decrypt in a recent interview. “USDC is the first target.”

Blockstreet’s stated mission as a “USD1-native launchpad” is to amplify World Liberty Financial’s vision, and the firm has been tasked with integrating the stablecoin from the Trump family’s crypto venture into crypto and traditional markets. The little-known firm, which debuted in mid-July, is also “helping bank the unbanked,” Klemmer added.

Blockstreet co-founder Matthew Morgan, a former cannabis entrepreneur, is an advisor to World Liberty and serves as CIO at ALT5 Sigma Corporation. The financial infrastructure firm unveiled a crypto treasury strategy centered around World Liberty’s governance token earlier this month.

Klemmer’s prediction, and goal for USD1, could face a high bar. Although stablecoins are a $285 billion industry today, JPMorgan analysts expect the sector to grow to $500 billion by 2028. And Bernstein analysts foresee the market reaching $2.8 trillion in the next five years.

That’s not to mention stiff competition from existing players like Tether and Circle—the issuers of USDT and USDC, respectively—or new entrants like Citigroup and Bank of America that recently passed legislation could unlock. But Klemmer is optimistic about USD1’s chances, based on the amount of outreach he’s received so far.

“There’s a lot of people all around the world who are incredibly complimentary of what the current administration is doing,” he said of President Trump. “They’re very excited about what World Liberty is trying to accomplish with USD1. A lot of people, the first thing that they say is, ‘How can we help?’”

World Liberty debuted a year ago. While the project has yet to deliver on its initial promise of crypto borrowing and lending services, its USD1 stablecoin has been out since April, growing to $2.5 billion meanwhile, according to crypto data provider CoinGecko. For comparison, Tether’s USDT and Circle’s USDC are worth $71 billion and $167 billion, respectively.

Klemmer said USD1’s appeal isn’t limited to its technical capabilities, noting that some crypto users appreciate it in relation to the government’s shifting approach toward the industry.

“It stands for a change,” he said, in reference to USD1. “There’s a very large appetite of countries, sovereign wealth funds, and other larger bodies that see the opportunities that are presented with USD1 and relate to that.”

The token was tapped in May by Emirati state-owned investment firm MGX as its vehicle of choice for making a $2 billion investment in Binance, the world’s largest crypto exchange, which faced intense regulatory scrutiny under the previous White House administration.

U.S. Senator Elizabeth Warren (D-MA) was among lawmakers that slammed the setup as “shady,” claiming it’s a high-profile example of crypto-powered corruption. “If we don’t do it, China’s going to,” the president has said in defense of his broader crypto push.

So far, USD1 has been issued on Ethereum, BNB Chain, Tron, and Solana. The stablecoin has been adopted by some exchanges, including Coinbase and Binance, but he foresees everyday payments as a “more clear and pressing” use case for USD1 to solve.

World Liberty’s WLFI governance token, which has been limited to accredited investors since its debut, is scheduled to begin trading on Monday, as the token becomes transferable. Some analysts have warned of potential losses for retail investors, citing its high fully-diluted value.

Klemmer said Blockstreet is still waiting on a clear game plan for USD1’s rollout, but he said that he’s aware of some “very lofty goals” that the team behind World Liberty has.

“It’s the fastest-growing stablecoin to date, and I think it will continue to be the fastest-climbing stablecoin of all time,” Klemmer said, “until it surpasses Tether and takes its place.”

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August 31, 2025 0 comments

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Dogecoin price setup points to a 30% jump as DOGE ETF deadline nears

by admin August 31, 2025

Dogecoin price has plunged to a crucial support level, pointing to an eventual rebound as the deadline for DOGE ETF approvals nears.

Summary

Dogecoin price has plunged to a crucial support level.
The deadline for the spot DOGE ETF approvals is nearing.
Technical analysis points to more gains in September.

Dogecoin (DOGE), the biggest meme coin, was trading at $0.2180, down by 24% from its highest point in July. This retreat has dropped to $32 billion.

Dogecoin price has two main catalysts that may push it higher in the longer term. One of them is that Alex Spiro, Elon Musk’s lawyer, will be the chair of the House of Doge, a $200 million company raising $200 million to accumulate DOGE tokens.

The new plan could mirror what other companies have done in the past few month. BitMine and SharpLink are accumulating Ethereum (ETH) tokens worth billions of dollars.

Similarly, other companies, such as GameStop, Metaplanet, and Strategy, are accumulating Bitcoin. More companies are buying tokens like Tron and XRP.

The other notable catalyst for the Dogecoin price is the upcoming deadline for spot DOGE ETF. The SEC has set the deadline for the Bitwise and Grayscale DOGE ETFs at October 18 and the 21Shares one on January 9.

Polymarket data shows that the odds of a spot DOGE ETF have jumped to 80%. As such, there is a likelihood that DOGE price will surge towards the approval date.

Dogecoin price technical analysis

DOGE price chart | Source: crypto.news

The daily timeframe chart shows that the DOGE price has come under pressure in the past few weeks. It moved from a high of $0.2875, its highest point in July.

On the positive side, the coin has remained above the ascending trendline connecting the lowest swings since June. It has moved above the 100-day Exponential Moving Average, while the Average True Range has dropped.

Therefore, the token will likely rebound and potentially get to $0.2875, up by 32% from the current level. A move below the moving average and the ascending trendline will invalidate the bullish outlook.

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

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Cred LLC Leaders Sentenced in Federal Crypto Fraud Case

by admin August 31, 2025

Two former executives of San Francisco-based crypto lender Cred LLC have been indicted in relation to the company’s November 2020 collapse. Daniel Schat and Joseph Podulka were collectively sentenced to 88 months in prison for the wire fraud conspiracy.

As per the U.S. Attorney’s Office, Northern District of California’s press release, Daniel Schatt, the company’s Co-Founder and CEO, was sentenced on Friday to 52 months in federal prison, while Joseph Podulka, the Chief Financial Officer, received 36 months. The two, along with former Chief Capital Officer James Alexander, were charged last year.

Schatt and Podulka were accused of conspiring to present an incomplete and misleading, positive portrayal of Cred’s business while failing to disclose information about Cred’s business challenges and risks. U.S. Attorney Craig Missakian said the executives’ scheme seriously harmed Cred’s customers and warned that fraud targeting crypto investors will not be tolerated.

The Conspiracy and Impact

Cred allowed customers to deposit cryptocurrency to earn interest and also offered loans using crypto as collateral. However, the business model relied heavily on two risky arrangements.

Prosecutors explained that Cred secretly relied on a Chinese company, linked to one of its co-founders, to generate interest. This company used customer funds to make short-term, high-interest loans to gamers in China. At the same time, Cred used a third-party hedging firm to protect against crypto market fluctuations.

When the COVID-19 pandemic hit in March 2020 and Bitcoin prices dropped, both arrangements failed. The hedging partner forced Cred to liquidate its positions, and the Chinese company said it could not repay tens of millions of dollars. Cred’s finances collapsed, but instead of warning customers, Schatt and Podulka assured the public the company was “operating normally.”

In November 2020, Cred filed for bankruptcy. More than 6,000 customers and investors

filed claims of around $140 million in losses, which prosecutors said would now be worth over $1 billion given current crypto prices. Authorities said the executives misled investors and customers in an attempt to cover up the company’s failure.

Along with prison sentences, Schatt and Podulka each received three years of supervised release and were fined $25,000. A separate hearing in October 2025 will determine how much restitution they must repay.

The defendants will start their prison sentences on October 28, 2025, and a restitution hearing is scheduled for October 7, 2025.

Also Read: Unicoin Counters SEC Fraud Lawsuit, Seeks Dismissal in NY Court

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August 31, 2025 0 comments

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84,000,000,000,000 SHIB: This Reserve Could Be Problem for Shiba Inu

by admin August 31, 2025

Constant SHIB pressure
Hidden risks

Although Shiba Inu has been one of the most talked-about meme tokens for a long time, investors cannot ignore the structural problems that lie beneath the hype. The enormous 84 trillion SHIB that is currently held in exchange reserves is one of the biggest warning signs. In this instance, reserves are more of an impending hangover on price action, even though they may initially imply liquidity and accessibility.

Constant SHIB pressure

The reason for this is that SHIB is just a sell-off away from severe price pressure, due to the significant concentration of supply sitting on exchanges. Reserves are liquid and available for use at any time, in contrast to coins that are kept in long-term or staking wallets. SHIB is particularly susceptible to market makers, whales and even widespread retail panic because of this. In reality, it establishes a psychological ceiling, since there is a chance that a sizable portion of those reserves will hit the market during each rally attempt.

SHIB/USDT Chart by TradingView

Technically speaking, SHIB has been consolidating with decreasing volume in a descending triangle pattern. If demand isn’t sufficient to balance supply, such arrangements typically resolve downward. SHIB may be suppressed under important moving averages, such as the 200-day SMA, because of these bloated reserves. The price hasn’t broken above resistance levels in weeks, and buyers might be wary given the amount of supply hanging over the market. Investors should exercise caution in this environment.

Hidden risks

Ignoring exchange data in favor of chasing short-term pumps can result in liquidity dumps. Long positions with excessive leverage, or purchases made solely on the basis of hype without taking the structural supply issue into consideration, should be avoided at this time. The risk of a sudden decline is still high unless there is a noticeable decline in exchange balances, which would indicate that tokens are being burned or going into cold storage.

Which Is the Better Hedge Asset in 2025?

by admin August 31, 2025

Given the Trump administration’s vocal and demonstrated support for crypto, some investors are wondering whether gold’s days as the world’s favorite hedge asset are numbered.

André Dragosch, European head of research at Bitwise Asset Management, suggests the choice isn’t so simple. In a post on X Saturday, he offered a rule-of-thumb: gold still works best as protection against stock market losses, while bitcoin increasingly acts as a counterweight to bond market stress.

Gold: Equity Hedge of Choice

The reasoning starts with history. When equities sell off, investors often rush into gold. Decades of market data back this up. Gold’s long-run correlation with the S&P 500 has hovered near zero, and during market stress it often dips negative.

For example, in the 2022 bear market, gold prices rose about 5% even as the S&P 500 tumbled nearly 20%. That pattern illustrates why gold is still considered the classic “safe haven.”

Bitcoin: A Bond-Market Counterweight

Bitcoin, by contrast, has often struggled during equity panics. In 2022, it collapsed more than 60% alongside tech stocks. But its relationship with U.S. Treasuries has been more intriguing.

Several studies note that bitcoin has shown a low or even slightly negative correlation with government bonds. That means when bond prices sink and yields rise — as they did in 2023 during fears over U.S. debt and deficits — bitcoin has sometimes held up better than gold.

Dragosch’s takeaway: investors don’t need to pick one over the other. They play different roles. Gold is still the better hedge when stocks wobble, while bitcoin may help portfolios when bond markets are under pressure from rising rates or fiscal worries.

How the Rule Holds in 2025

The split has been clear this year. As of Aug. 31, gold was up more than 30% year-to-date, according to World Gold Council data. That surge reflects renewed demand during bouts of equity volatility tied to tariffs, slowing growth, and political risk.

Bitcoin, meanwhile, has gained about 16.46% this year, based on CoinDesk Data, a solid performance considering that 10-year U.S. Treasury yields have fallen around 7.33%, according to MarketWatch data.

The S&P 500, by comparison, is up roughly 10% in 2025, per CNBC data.

The diverging performance underscores Dragosch’s heuristic: gold has benefited most from equity jitters, while bitcoin has held its ground as bond markets wobble under the weight of higher yields and heavy government borrowing.

Not Just Opinion: Data Backs It

This isn’t just Dragosch’s personal view. A Bitwise research report earlier this year noted that gold remains a reliable hedge against stock market downturns, while bitcoin has tended to provide stronger returns during recoveries and shows lower correlation with U.S. Treasuries. The report concluded that holding both assets can improve diversification and optimize risk-adjusted returns.

The Caveats

Still, correlations aren’t static. Bitcoin’s ties to equities have strengthened in 2025 thanks to large inflows into spot ETFs, which have brought in billions from institutional investors.

The huge net inflows into spot Bitcoin ETFs makes BTC trade more like a mainstream risk asset, reducing its “purity” as a bond hedge.

Short-term shocks can also scramble the picture. Regulatory surprises, liquidity squeezes, or macro shocks may move both gold and bitcoin in the same direction, limiting their usefulness as hedges. Dragosch’s rule-of-thumb, in other words, is just that — a heuristic, not a guarantee.

The Bottom Line

Trump’s pro-crypto stance raises a provocative question: is it time to abandon gold entirely in favor of bitcoin? Dragosch’s answer, supported by years of data, is no. Gold still works best when stocks tumble, while bitcoin may offer shelter when bonds are under pressure. For investors, the lesson isn’t ditching one asset for the other, but recognizing that they hedge different risks — and using both may be the smarter play.

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August 31, 2025 0 comments

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Stablecoin Platform M0 Raises $40 Million in Series B Round

by admin August 31, 2025

In brief

M0 raised $40 million in Series B funding.
The firm separates stablecoin reserve management from programmability.
M0 is supporting the debut of MetaMask’s mUSD stablecoin.

Switzerland-based stablecoin platform M0 raised $40 million in Series B funding, as it seeks to shake up the relationship between token issuers and blockchain developers, according to a press release on Thursday.

The funding round, which included Polychain Capital, Ribbit Capital, and the Endeavor Catalyst fund, also saw participation from existing investors like Pantera and Bain Capital Crypto, M0 said. The firm has now raised $100 million since its establishment in 2023.

The development comes as several firms aim to capitalize on a stablecoin boom by positioning themselves as a conduit to the crypto space for companies in the traditional business world, following this year’s passage of stablecoin regulation in the U.S.

“Centralized issuance and simple white-labeling models are far from enough,” M0 co-founder and CEO Luca Prosperi said in a statement. “We want to empower the builders of great fintech products to actually control the digital dollar stack they utilize.”

The company says it has a “first-principles” approach to stablecoins by separating stablecoin reserve management from programmability. That means regulated entities manage the assets backing stablecoins on M0’s platform—like cash and U.S. Treasuries—while developers can use M0 to define who can create, hold, and move the assets.

Stablecoins that debut through M0’s platform are application-specific, and M0 said that its platform surpassed $300 million in aggregate supply in July, more than doubling from January.

M0’s platform will support the debut of MetaMask’s mUSD stablecoin, M0 said. The team behind the self-custodial wallet signaled a week ago that its dollar-pegged token would be debuting on Ethereum and the layer-2 scaling network Linea later this year. (Disclosure: MetaMask parent company Consensys is one of 22 investors in Decrypt, which retains editorial independence.)

M0 highlighted other builders on its platform, including the token protocol Noble, stablecoin protocol Usual, gaming operating system Playtron, and payments firm KAST.

Stablecoin platform Bridge, which was acquired by payments giant Stripe for $1.1 billion last year, was integrated into M0’s platform as its first U.S.-regulated issuer, M0 said on X earlier this month.

Bridge is set to provide licensing and monitoring for mUSD, in addition to reserve management, but M0 noted that other firms can tap Bridge by issuing stablecoins through its platform.

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August 31, 2025 0 comments

Is Pi Network price ready for a bullish reversal?

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Pi Network price eyes $1 breakout as key catalysts align

by admin August 31, 2025

After plummeting from a $20 billion market cap to just $2.7 billion following its February mainnet launch, Pi Coin’s price could surge to $1 in September, driven by several key catalysts—including a crucial network upgrade and growing institutional interest.

Summary

Pi Network price could surge to $1 in September, helped by top catalysts.
It has formed a bullish double bottom and falling wedge patterns.
The upcoming Pi upgrade and potential exchange listings may push it higher.

Pi Network price catalysts for September

Pi Coin (PI) is on the cusp of a significant price move, trading at $0.366 on Saturday, Aug. 30, slightly above its recent low of $0.3167. Its market value has plunged from nearly $20 billion after its mainnet launch in February to $2.7 billion.

The Pi coin value could jump to $1 in September, driven by several key catalysts. First, Pi Network will launch a crucial network upgrade as part of Stellar’s movement to Protocol 23. Pi, which utilizes the Stellar Consensus, will upgrade from version 19 to 23, enabling additional functionality for the network.

One of the top functionalities is that the upgrade will allow the KYC authority to be assigned in the future. In other words, it will provide a more distributed and community-driven KYC process. The upgrade will also make it easy for developers to build and launch apps on the Pi Network.

The other potential catalyst is the potential institutional interest in Pi. For example, Valour, a company with over $1 billion in assets, became the first one to launch a PI ETP in Sweden.

This institutional adoption may also prompt at least one major crypto exchange, such as Coinbase and Binance. An exchange listing would lead to a parabolic move as some tokens like Story and Ethena.

Pi Network price will also benefit from macro factors, such as the potential interest rate cuts by the Federal Reserve. Historically, these cuts have led to greater gains among riskier assets, such as cryptocurrencies and stocks.

Pi Coin price has strong technicals

Pi coin chart | Source: crypto.news

The other main catalyst for the Pi Network price in September is that its technicals are highly supportive. Its daily chart shows that it has formed a double-bottom pattern at $0.3167, its lowest level on Aug. 1 and 25, and a neckline at $0.4646. A double-bottom is a common bullish reversal sign.

Pi Network price has also formed a falling wedge pattern and is in the accumulation phase of the Wyckoff Theory. A wedge is formed by two descending and converging trendlines, potentially resulting in a breakout to the psychological point at $1, which is over 180% above the current level.

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August 31, 2025 0 comments

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Crypto Market Tumbles, Bitcoin Whales Pivot to ETH, Altcoins Treasuries, and More

by admin August 31, 2025

The crypto market took a notable shift this week with leading cryptocurrencies taking a stiff downtrend. While the price of Bitcoin dropped to a monthly low of $108k, it led the rest of the market to a volatile ride. Keeping these market movements in the thick of it, here is the quick review, covering what happened in the cryptocurrency industry this week.

Top Headlines

Below are the top headlines of this week from the crypto industry;

Crypto Market Tumbles

Amid uncertainty in market sentiment, Bitcoin took a bearish turn and fell to monthly lows below $109K for the first time since 9th July. Following Bitcoin, the leading cryptocurrency, other altcoins—including Ether (ETH), Solana (SOL), and XRP—also witnessed remarkable volatility.

The primary reason behind this downtrend was waning investor confidence in a September Federal Reserve rate cut, triggering a risk-off sentiment and significant liquidations. Throughout the week, the crypto market also witnessed notable liquidations.

Bitcoin Whale Move Funds to Ethereum (ETH)

A massive Bitcoin whale, holding over $11 billion in BTC, made headlines by selling 22,769 Bitcoin worth $2.59 billion and rotating the funds into Ethereum, purchasing 472,920 ETH ($2.2 billion) and opening a $577 million Ether long position on Hyperliquid. This capital shift signals growing institutional confidence in Ethereum’s upside potential, potentially fueling an altcoin season.

Arthur Hayes Predict 126x Spike in HIKE Price

At the WebX 2025 conference in Tokyo, former BitMEX CEO Arthur Hayes made a bold prediction. He forecasted a 126x surge for Hyperliquid’s HYPE token, potentially reaching $5,000 by 2028. Speaking on August 25, Hayes attributed this massive upside to the expected $10 trillion stablecoin market, which he believes will drive Hyperliquid’s annualized fee revenue from $1.2 billion to $258 billion. This prediction has sparked significant investor interest for the HYPE token.

Altcoin Treasuries Continue Rising

The crypto market is witnessing a surge in corporate altcoin treasury strategies as companies diversify beyond Bitcoin. In recent moves, B Strategy, backed by YZi Labs, announced a $1 billion U.S.-listed BNB treasury firm to bolster the BNB ecosystem. Meanwhile, Canadian firm Luxxfolio filed a CAD $100 million (approximately $73 million) prospectus to expand its Litecoin treasury.

Besides, Trump Media, Crypto.com, and Yorkville Acquisition also launched Trump Media Group CRO Strategy Inc., a $6.42 billion CRO treasury venture, acquiring $1 billion in CRO tokens to integrate with Truth Social’s rewards system. Additionally, DeFi Dev Corp strengthened its Solana holdings with a $77 million purchase of 407,247 SOL, pushing its total to 1.83 million SOL.

Brazil and Philippines Plans Strategic Bitcoin Reserve

While Bitcoin is gaining ground as a leading store of value asset, Brazil and the Philippines are advancing bold initiatives to integrate Bitcoin into their national financial strategies. On 25th August, the Chamber of Deputies in Brazil held a hearing for Bitcoin-linked legislation proposed by Federal Deputy Eros Biodini. The proposed bill considers an allocation of up to 5% of Brazil’s international reserves toward Bitcoin.

Meanwhile, in the Philippines, the Congress received a bill proposing a Bitcoin treasury to boost the nation’s financial stability, buying 10,000 Bitcoin (BTC) over a period of five years.

News You Might Have Missed

Top Gainers and Losers this Week

As Bitcoin dipped nearly 6% from the weekly high, various altcoins saw huge sell-off. Meanwhile Cronos (CRO), the native token of Crypto.com exchange, surged a staggering 99% after Trump Media and Yorkville’s treasury announcement.

GainersLosersCRO (Cronos): +99%AERO (Aerodrome Finance): -23%PTYH (Pyth Network): +53%PENDLE (Pendle): -20%PUMP (PumpFun): +9%LDO (Lido DAO): -18%KCS (KuCoin Token): +8%SPX (SPX6900): -17%FORM (Four): +6%PENGU (Pudgy Penguin): -16%

What to expect for next week?

All the predictions for the next week are on the edge due to the market’s volatility and sensitivity to macroeconomic factors, regulatory developments, and investor sentiment. The cryptocurrency markets may be influenced by key macroeconomic events such as the U.S. Weekly Jobless Claims on September 4 could signal labor market strength, potentially boosting risk assets like Bitcoin if positive. On September 5, the U.S. PCE Price Index, the Federal Reserve’s preferred inflation gauge, may also impact rate cut expectations, with higher readings potentially pressuring crypto prices.

Moreover, Global PMI data, particularly U.S. Services PMI, could further shape sentiment by reflecting economic resilience. These events may drive volatility, so investors should stay vigilant and conduct thorough research.

Also Read: Japanese Nail Salon Firm Convano to Raise $3B for 21,000 BTC

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August 31, 2025 0 comments