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Bitcoin Price Crash? Here's Where BTC Might Bottom Out
GameFi Guides

Bitcoin Price Crash? Here’s Where BTC Might Bottom Out

by admin August 30, 2025


Bitcoin (BTC) has continued its downward spiral as technical signals confirm bearish momentum for the flagship cryptocurrency. In the last 24 hours, Bitcoin dropped from an intraday peak of $111,420.48 to the $108,000 range, leaving investors wondering how low it could drop.

Analyst predicts $103K as potential Bitcoin bottom

According to an update from Michaël van de Poppe, a renowned crypto analyst, Bitcoin’s short-term trend is likely to remain bearish. He believes that the market is in a corrective phase and might stay on the downward path for a while till the price hits near $103,000.

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Van de Poppe considers this level a possible “bottom out” point for BTC. He insisted that the current levels show weakness and indicate that the correction is not finished yet. To exit the current phase, the analyst noted that Bitcoin has to break above the $112,000 resistance level.

It’s quite clear.

Trend is slightly downwards at this point, and #Bitcoin is looking to get itself into a bottom of the correction.

I don’t think we’re done yet.

For me, being done would be to break above $112K, the level the market clearly rejected on yesterday and fell… pic.twitter.com/RzmMuycqjD

— Michaël van de Poppe (@CryptoMichNL) August 30, 2025

This price level has proven to be significant as Bitcoin faced rejection here. It indicates that sellers are still in control, a development that could prevent upward momentum for the asset.

Interestingly, a Bitcoin whale reportedly raked in $4 billion in profit within the last 48 hours. Such profit-taking moves could stand in the way of a quick rebound, and when it happens, the momentum would be weak, as highlighted by van de Poppe.

Institutional demand for BTC offers silver lining

As of this writing, the Bitcoin price was trading at $108,576.49, representing a 1.23% decline over the last 24 hours. Within this time frame, trading volume has climbed by 11.37% to $72.66 billion, signaling increased activity in spite of the plunge.

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This might be as a result of institutional demand, which VanEck pointed out recently. According to the New York-based financial giant, many corporations are stacking up on the coin with 638,617 BTC added this year alone.

The figure has already flipped the 2024 total of 120,290 BTC, representing a five times increase so far.





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August 30, 2025 0 comments
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XRP
Crypto Trends

Japanese Gaming Giant Plans $17 Million XRP Buy, Here’s Why

by admin August 30, 2025


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

Gumi Inc., a prominent Japanese mobile game developer, has caught the attention of the broader crypto industry after revealing plans to buy $17 million worth of XRP. This move signals the gaming giant’s deeper commitment to blockchain technology, as it looks to tap into new revenue streams and strengthen its position through XRP in the growing digital economy. 

Gumi Taps XRP To Expand Blockchain Business

On Friday, August 29, Gumi sparked fresh interest and excitement in the crypto community after announcing its intention to purchase 2.5 billion yen (around $17 million) worth of XRP. The move, revealed on X social media, is part of the Japanese gaming company’s broader strategy to accelerate the growth of its blockchain business. 

According to Gumi, the acquisition is not simply an investment but a calculated step to integrate into the XRP ecosystem, which has been gaining momentum as a cornerstone in cross-border payments and liquidity solutions. The decision also aligns closely with the recent efforts of SBI Holdings, a financial services company in Japan and a prolonged supporter of Ripple and XRP. 

SBI Holdings has long championed XRP as an essential component of international remittance networks, and Gumi’s entry adds further credibility to the digital asset’s role in the Japanese fintech landscape. By allocating significant capital into XRP, Gumi aims to position itself at the intersection of gaming, blockchain technology, and digital finance—ultimately tapping into an evolving global marketplace where cryptocurrencies are increasingly becoming interlinked with entertainment and financial services. 

The broader crypto community has responded enthusiastically to Gumi’s upcoming XRP investment. Industry watchers see this as more than a simple token purchase, but a sign of Japan’s gaming sector’s embrace of blockchain-powered assets. 

Enthusiasts like the ‘BankXRP’ on X anticipate that Gumi’s cryptocurrency integration could open the door for in-game transactions using fast and low-cost XRP transfers, creating a more seamless and innovative gaming experience. If implemented, this could establish the Japanese company as a pioneer in merging blockchain gaming mechanics with one of the most recognized digital assets in the space. 

VivoPower To Offer New XRP Incentives 

Further expanding on XRP’s adoption across various companies, another report on X shows that international battery and electric vehicle services provider VivoPower has rolled out an initiative to leverage the token to engage retail audiences. VivoPower announced on X on Thursday, August 28, that it will be offering XRP incentives to its shareholders through a partnership with crypto exchange Crypto.com. 

The program allows VivoPower shareholders who register with the exchange to receive $100 worth of XRP as a bonus, adding a direct crypto-linked reward to their equity ownership. This collaboration signals a growing trend where non-crypto companies find ways to integrate digital assets into their corporate strategies. 

For Crypto.com, the initiative represents a strategic opportunity to attract new users. At the same time, the XRP bonuses provide VivoPower with both an engagement tool and a way to strengthen its partnership with the exchange. Overall, this latest move underscores XRP’s expansion outside its traditional remittance use case.

XRP trading at $2.8 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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 30, 2025 0 comments
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Here’s why the IREN stock price has blasted to all-time high
GameFi Guides

Here’s why the IREN stock price has blasted to all-time high

by admin August 30, 2025



The IREN stock price surged to a record high on Friday, Aug. 29, after the Bitcoin mining company published strong financial results, leading to a set of analyst upgrades. 

Summary

  • IREN stock price jumped to a record high after strong financial results. 
  • Wall Street analysts are upbeat about the company as it pivots to AI.
  • Technical analysis points to a brief pullback in the near term. 

IREN jumped to a high of $28.50, up by 2,770% from its lowest point in 2023, giving it a market capitalization of over $7.3 billion. It has soared by over 140% this year.

Analysts boosts IREN stock forecast after earnings

IREN, a top Bitcoin (BTC) miner and an upcoming AI data center operator, received strong bullish calls from analysts after it reported strong financial results. 

Darren Aftahi, an analyst from Roth MKM, boosted his target from $26 to $35 as he maintained a buy rating. Joseph Vafi of Cannacord Genuity boosted the forecast to $37, while Nick Giles of B. Riley hiked it to $29.

These analysts were reacting to the company’s financial results, which showed that its Bitcoin mining and AI data center businesses boomed in the second quarter. 

IREN’s revenue jumped by 255% in Q4’25 to $187.5 million. This growth was driven by its mining operations, which generated $180 million, and its AI cloud revenue, which increased to $7 million. 

IREN’s mining business benefited from a jump in hash rate, which boosted its Bitcoin production and higher BTC prices. Its recent production report showed that it mined over 700 coins in July.

IREN is working to become a major AI cloud business as the boom continues. It hopes to reciprocate CoreWeave’s business to offer an AI workload for developers. In this regard, it has placed orders for thousands of Blackwell chips from Nvidia. 

Analysts are upbeat about IREN’s business, with the average revenue estimate for the current quarter being $240 million, a 342% annual increase. Its annual revenue will jump to $1.1 billion this new financial year.

IREN share price analysis 

IREN stock chart | Source: Tradingview

The weekly timeframe chart shows that the IREN stock has been in a strong bull run this year. This trend accelerated when the company published its financial results. 

IREN share price remains comfortably above the crucial resistance level at $15.90, where it formed a double-top pattern in 2024. It is also much higher than the moving averages. 

Therefore, the most likely scenario is where it plunges and retests the support at $15.90 and then resumes the uptrend. This performance is known as a break-and-retest and is a common continuation sign. 

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 30, 2025 0 comments
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Ripple
NFT Gaming

Ripple Swell 2025 Is Almost Here: Here’s What To Expect From The Event

by admin August 29, 2025


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

Ripple Swell 2025 is fast approaching, even as members of the XRP community look forward to the bullish announcements that could come at the conference. The crypto firm also unveiled featured speakers at the event, including its executives Brad Garlinghouse and Chris Larsen.

Details About The Ripple Swell 2025

Ripple has announced that the Swell event will take place in New York from November 4 to 5. Featured speakers include Ripple CEO Brad Garlinghouse, Co-founder Chris Larsen, President Monica Long, Nasdaq’s Chair Adena Friedman, and renowned chef José Andrés. Executives from BlackRock, Fidelity, Bitwise, Citi, CME Group, and Franklin Templeton are also set to speak at the event. 

The Ripple Swell event will cover several topics that touch on the firm’s customers, team members, and industry thought leaders, as well as how financial institutions and businesses are leveraging cryptocurrency and blockchain technology. These topics will include tokenization, payments, regional regulatory process, and crypto financial services. 

These are all topics that Ripple, as a firm, is conversant with, given its operations. The company has secured several partnerships this year to promote tokenization on the XRP Ledger (XRPL), including one with Ondo Finance to launch its tokenized treasuries on the network. Meanwhile, Ripple is known for its payment service, which is why the discussion around payments could be very insightful. 

It is worth noting that the crypto firm is expected to finalize its deal to acquire the stablecoin platform Rail around the time of the Swell event. As such, this could be one of the major talking points during the event. Ripple earlier highlighted why the Rail acquisition was strategic, as it would enable the company to offer virtual accounts and automated back-office infrastructure. 

Meanwhile, Ripple has had its fair share of dealing with regulators, particularly in light of the XRP lawsuit. As such, the regulatory topic at the Swell event is expected to garner significant attention, as the company’s executives discuss how they have navigated the regulatory landscape. Notably, the company’s Chief Legal Officer (CLO), Stuart Alderoty, is also one of the featured speakers. 

XRP Community Reacts To Latest Swell Announcement

In an X post, Ripple revealed that Chris Larsen and José Andrés will be the Keynote speakers at the event. XRP community members such as BankXRP shared their delight at the fact that Larsen will be speaking at the event. BankXRP noted that it has been a while since the Ripple co-founder has made an appearance. 

On the other hand, community members have questioned why Chef Andrés is speaking at the event and as a keynote speaker. Ripple didn’t reveal what the renowned chef will be speaking on. However, it could relate to the adoption of cryptocurrency in businesses or his humanitarian work, which is a significant development for the firm, considering its philanthropic efforts.  

At the time of writing, the XRP price is trading at around $2.90, down over 3% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.8 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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 29, 2025 0 comments
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Diablo Devs Are The Latest To Unionize: Here's Why
Game Updates

Diablo Devs Are The Latest To Unionize: Here’s Why

by admin August 29, 2025


The team making Diablo 4 and other entries in Blizzard’s action-RPG franchise is the latest inside of Microsoft to unionize. Workers say the move is to help them negotiate fair terms around issues like like layoffs and remote work. “Passion can’t protect us from job instability,” software engineer Skye Hoefling said in a press release. “Our union allows us to focus on making magical experiences for our players instead of worrying about the unstable job industry.”

The Diablo team, known within Blizzard as Team 3, joins the Overwatch and World of Warcraft teams in organizing with the Communications Workers of America (CMA). That national organization signed an agreement with Microsoft during its acquisition of Activision Blizzard that would keep the tech giant neutral on all internal union drives, erasing some of the barriers that usually stop workers from organizing.

Microsoft has voluntarily recognized the Diablo developers’ union and they will now get in line to begin bargaining their first contract. Over 300 ZeniMax QA testers at the company won their first contract earlier this summer.

A “passion tax” for working in games

So what made the Diablo team want to jump on the union train within Blizzard? Part of it is the way companies use “getting to make games” as a kind of excuse to establish worse working conditions than those often experienced by workers in competing roles in tech and entertainment. “My entire career as a developer has seen my peers and I paying the ‘passion tax’ for working in an industry that we love,” software engineer Nav Bhatti said in a press release. “At some point you have to choose between fight or flight, and forming a union is us doing just that — standing our ground in the industry.”

Workers also laid out specific concerns around remote work flexibility, budget cuts, and the growing influence of AI in the development process. Mass layoffs in early 2024 were one of the catalysts. A battle over remote work that began back in 2023 was another. A mandatory return-to-office policy forced people hired during the pandemic to relocate and limited which talent teams could hire. “There’s no real argument against remote work, except the control part, where now they know where you are and what you’re doing,” Blizzard producer Ryan Claudy told Aftermath.

AI creep is here

The sudden rise of AI, which Microsoft is placing $80 billion bets will completely reshape the modern economy, is also on the Diablo team’s mind. “[Generative AI] is starting to creep in a lot,” Diablo 4 producer Kelly Yeo told Aftermath. “I can only speak for art, where in the visual development stage, if people don’t feel like they have concept art support, they’ll just toss things into Stable Diffusion or whatever and then do mood boards and stuff and give that to the teams to give them guidance.”

She continued, “There is definitely a growing concern across most of the artists like ‘Is this going to replace us?’” Other game teams have already come under fire for AI art that makes it into the finished product. A Call of Duty associate director at Treyarch recently told IGN that only work hand-crafted by the team is allowed into the game, but that AI slop sometimes gets through “accidentally.” And some developers at King recently told Mobilegamer that Microsoft was pressuring them to incorporate AI into all aspects of their workflows.

Despite notable unions forming at Sega of America and some overseas European game studios, most of the organizing in the U.S. so far has been confined to Microsoft-owned companies due to the neutrality agreement. Big publishers like Electronic Arts and Take-Two, which have undergone their own ruthless cost-cutting efforts in the past year, have so far remained impervious to workers organizing. If annual mass layoffs continue, that might change.



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August 29, 2025 0 comments
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Bitcoin Bounce Fizzles Again: Here’s Why
Crypto Trends

Bitcoin Bounce Fizzles Again: Here’s Why

by admin August 28, 2025



Key takeaways:

  • Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.

  • Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts.

Bitcoin (BTC) and Ether (ETH) are recovering and attempting to recover the price ranges that each cryptocurrency lost during the sharp sell-off seen on Saturday and Sunday. Bitcoin price is up a mere 2.4% from its $108,665 low, while ETH fared better, rising 8.26% to a daily high at $4,663 from its Monday low at $4,310.

Data shows an assortment of traders buying the dip, yet BTC price remains stuck in a downtrend. The anchored cumulative volume delta (aggregated) for the cohort considered to be retail traders (1K to 10K) shows these entities net buying throughout the correction from Sunday to Wednesday. 

Whale and institutional-sized traders (1 million to 10 million) were net sellers in the same time frame, but as the chart shows, the intensity of the selling has subsided as BTC price reclaimed the $111,000 zone. 

BTC/USDT 15-min chart. Source: Hyblock

A more granular look at CVD data shows retail traders in Binance’s Bitcoin spot and perpetual futures markets opening longs throughout the dip, whereas whales and institutional investor-sized traders have been net sellers.

Retail traders in the Coinbase Bitcoin spot market have also been active, with volumes reaching $101.253 million in net buying, while the institutional investor cohort at Coinbase and Binance have been net sellers with perps markets unloading roughly $7.5 billion in the time frame portrayed. 

BTC/USDT 15-min chart. Source: Hyblock

The takeaway is, whales dominate the selling pressure across the market, while retail and mid-size players attempt to provide price support and seem to believe that they are either buying Bitcoin at a discounted valuation or banking on a quick mean reversion back to the $117,000 to $118,000 range. Despite this, Bitcoin continues to languish in a short-term downtrend despite a positive,smaller-order CVD at Binance and Coinbase. 

Related: BlackRock Bitcoin ETF holdings overtake Coinbase, Binance; ETH may be next

$120,000 or $105,000, which comes first?

Liquidation heatmap data from Hyblock shows Bitcoin absorbing bids in the $111,000 to $110,000 area during the weekend sell-off, and another cluster exists near $104,000.

While a breakdown to the lowest liquidity cluster seems unlikely, the current dynamic of larger order selling far outweighing the retail cohort continues to put pressure on BTC price. 

BTC/USDT 1-month lookback liquidation heatmap. Source: Hyblock

 Traders hoping for a period of consolidation should carefully observe the anchored aggregated daily CVD to see if this sell pressure alleviates and if such a change in volume aligns with shifting sentiment among investors. 

BTC/USDT 1-month lookback liquidation heatmap. Source: Hyblock

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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August 28, 2025 0 comments
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An image of Hornet from Silksong engulfed with rage.
Product Reviews

Here’s every game that Silksong’s surprise release has delayed as indies scramble to escape its powerful aura

by admin August 27, 2025



“From the town of Lincoln, Nebraska, with a sawed-off .410 on my lap,” Bruce Springsteen crooned in his magnificent 1982 ballad Nebraska. “Through to the badlands of Wyoming, I killed everything in my path.” The Boss was of course relating the tale of infamous mass murderer Charles Starkweather, but he might as well have been talking about Hollow Knight: Silksong, the upcoming metroidvania that has now claimed at least eight victims since its surprise release date announcement earlier this month.

Nobody’s actually getting murdered here, to be clear: When I say “victims” I mean “other videogames,” and by “claimed” I mean that Silksong’s looming launch has led those games to adjust their own release plans so as not to be caught in the blast radius. It’s been quite a show, and while this sort of release date scramble isn’t unprecedented—Starfield made something of a mini-splash a couple years ago—I haven’t seen this kind of fracas since Cyberpunk 2077 started throwing elbows back in 2020.

How much of a difference moving away from Silksong will really make is a matter of debate, and it’s possible that some games are using it as cover for delays that are primarily driven by other considerations. But Silksong is the current king of Steam’s most wishlisted chart—beating out games like Borderlands 4 and Battlefield 6—so it’s understandable that pretty much every other unreleased PC game in proximity might want to take a little pause.


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Also worth remembering that there’s no way to know how these things will ultimately work out. Back in 2023, PC Gamer editors Wes Fenlon and Jody Macgregor dared contemplate the possibility that Baldur’s Gate 3, which had moved its release date up a month to avoid Starfield, might actually be the better game. And we all know what happened there.

Anyway, with all that laid out, here’s our list of all the games that have been delayed by Silksong. We’ll add to it as necessary, although with Silksong now just over a week away, the bodies may stop dropping soon. Metaphorically, that is.

In the order we noticed them:

The Balatro-like slot machine game said, literally, “Silksong lol” and moved from September 3 to September 26.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

🚨GAME DELAY 🚨
due to Silksong (can’t wait to play) launching just a day after CloverPit, we decided to delay our release
our new release date is 26th Sept
we poured our hearts into our little game, so we want to give it the best possible shot. thanks for understanding!!

— @panikarcade.bsky.social (@panikarcade.bsky.social.bsky.social) 2025-08-27T18:31:53.272Z

Stomp and the Sword of Miracles

A Kickstarter had been planned for September 12, with a demo launching on Steam on August 29, “giving it a little boost beforehand,” but both have been delayed to an unspecified date. Developer Bee Braun said they “feel like a little krill trying to not get eaten by a blue whale.”

Head’s up – the Stomp demo has had to be suddenly delayed. I’ll keep you all updated when I know what the plan is.

— @frogteam.games (@frogteam.games.bsky.social) 2025-08-27T18:31:53.251Z

Faeland

More than seven years after a successful Kickstarter, Faeland was set to launch on September 9. No longer: “We’ve poured years of work and love into Faeland, and we want to make sure it arrives at a time when it can receive the attention and care it deserves.” A new date hasn’t been announced but is “coming soon.”

(Image credit: Talegames)

Aeterna Lucis

The sequel to the well-received metroidvania Aeterna Noctis was aiming for a September release but is now coming sometime in 2026. Aeternum Game Studios pointed the finger at Silksong, but also acknowledged that it still doesn’t have the devkits it needs for a simultaneous release on all next-gen platforms. Kind of a straw that broke the camel’s back situation.

(Image credit: Aeternum Game Studios)

The hit multiplayer climbing game is not delayed because it’s already out, but it’s feeling the heat anyway.

sent by a friend over d’cord…

— @glitchypsi.xyz (@glitchypsi.xyz.bsky.social) 2025-08-27T18:31:53.286Z

After initially signalling that it was ready to throw hands with Silksong, publisher Ysbryd had some vivid second thoughts: “We would not be doing Demonschool any favors by wading into waters we can clearly see are blood red.” It’s now set for November 19, a longer-than-most delay because October is crowded as hell too.

Anyway:

— @necrosoftgames.com (@necrosoftgames.com.bsky.social) 2025-08-27T18:31:53.309Z

The cozy life sim about, well, a little witch in the woods has pushed its 1.0 release date back from September 4 to September 15. “Silksong is a game we look up to with awe as developers, and eagerly anticipate as players,” Sunny Side Up wrote. “Given its immense influence, we fear that launching Little Witch in the Woods on the same day would not only dishearten our dedicated team but also disappoint our devoted audience.”

Very sad. (Image credit: Sunny Side Up)

Bennett Foddy’s open world failson walking simulator has also stepped back, from September 8 to September 23.

Baby Steps | Now Releasing on September 23 – YouTube

Watch On

And finally, at least for now:

Moros Protocol

The sci-fi shooter has scrapped its planned September 4 release and will instead drop on September 18, “to ensure that the game releases under the best conditions for success.” Which is to say, nowhere near Silksong.

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August 27, 2025 0 comments
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XRP Rival Stellar (XLM) Might Reclaim $0.50 in September, Here's Reason
Crypto Trends

XRP Rival Stellar (XLM) Might Reclaim $0.50 in September, Here’s Reason

by admin August 27, 2025


Stellar (XLM), in the last 30 days, recorded an 11.17% decline in price as it experienced severe fluctuations on the cryptocurrency market. Investors backing the asset can, however, look forward to a bullish September with a strong likelihood of the price reclaiming $0.50.

Altcoin season speculation could boost Stellar price

According to Cryptorank data, Stellar has an average growth rate of 3.08% in the month of September, a big shift from the current extended drawdown. In 2024, the asset closed September with a 6.24% growth rate in price. If history is on the side of Stellar, the asset could repeat last year’s performance to post a strong bullish rally.

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In the past 11 years, the asset’s highest growth rate has been bullish, with most months, like September 2014, posting a gain of 55.8%. The asset repeated outstanding performances in 2016, 2018 and 2022, with growth of 49.4%, 17.1% and 9.92%, respectively.

Stellar Historical Performance | Source: Cryptorank

With predictions of a possible altcoin season soon, Stellar has enough bullish catalysts to push its price close to the $0.50 level. A bullish rally for altcoins will likely rub off on XLM’s outlook.

Notably, if Stellar grows at its September average, it will see the asset hit approximately $0.40, minimum. This signals better performance compared to its 5.64% average drawdown for August. It is currently down by 3.95%, hence the volatility that the altcoin has recorded.

XLM adoption grows as volume soars

As of press time, the Stellar price was changing hands at $0.3869, representing a 1.17% decline in the last 24 hours. XLM previously hit a peak of $0.3994 before it experienced volatility.

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However, trading volume has increased by a significant 38.59% to $471.95 million within the same time frame. It suggests that investors in the ecosystem see this as a buy opportunity.

As reported by U.Today, Stellar has the potential to hit $0.50 with its early bullish signs like increased volume, which suggests growing adoption. The legal clarity of its rival, XRP, can support the asset’s upward movement in the next couple of days.



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August 27, 2025 0 comments
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Bitcoin
Crypto Trends

MicroStrategy Successfully Claims 3% Of Bitcoin Supply, Here’s How Much It’s Now Worth

by admin August 27, 2025


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

Strategy, formerly known as MicroStrategy, has achieved a milestone that cements its reputation as the biggest corporate holder of Bitcoin. A recent acquisition of 3,018 BTC on August 25 at a total purchase price of $357 million has pushed the company’s total Bitcoin portfolio to 632,457 BTC. 

Based on the current price of Bitcoin, the total value of the portfolio is valued at $46.502 billion. However, outside the value of its holdings, data shows that Strategy now controls over 3% of Bitcoin’s current circulating supply.

Strategy Claims 3% Of Bitcoin Supply

According to Strategy’s website, the American-based technology company now holds 632,457 BTC. At the time of writing, Bitcoin has a total circulating supply of 19,912,106, although the maximum supply is hard capped at 21,000,000.

In numbers alone, Strategy now owns 3.176% of the circulating supply of Bitcoin. Claiming such a large share of Bitcoin shows the scale of the company’s commitment and its strategy of positioning Bitcoin as the backbone of its corporate treasury.

Source: Chart from Strategy

Owning more than 3% of Bitcoin’s supply has not only been symbolic but also financially rewarding for Strategy. In the current quarter alone, its portfolio has grown by 4.7%, generating $3.156 billion in gains. Since the start of 2025, the value of its holdings has increased by 25.4%, amounting to an increase of $12.641 billion in dollar terms.

The company’s Bitcoin-based investment’s profit in 2025 has already surpassed the entire profit of $13.133 billion recorded in 2024. Notably, this Bitcoin buying strategy means the company’s performance is now linked to Bitcoin’s price movements, with every percentage increase in BTC translating into billions in added value.

Future Ambitions After The 3% Milestone

According to data from Bitcointreasuries.net, Strategy is by far the biggest public Bitcoin treasury company. The second is America-based digital asset technology company MARA Holdings, which currently holds 60,639 BTC. 

Strategy is now part of the top five Bitcoin holders, behind crypto exchange Coinbase, Satoshi Nakamoto, and Spot Bitcoin ETF issuer BlackRock, which has seen the value of its Bitcoin holdings grow to over 747,000 BTC in August 2025. Interestingly, Strategy’s Bitcoin portfolio has even surpassed the total amount of BTC held in the Binance exchange reserve, which data from Coinglass currently puts at 578,903 BTC. 

Although holding over 3% of Bitcoin’s circulating supply is a milestone few companies could have imagined, Strategy’s ambitions are far from fulfilled. Co-founder and former CEO Michael Saylor recently outlined a plan to raise $100 billion within the next four years to finance the company’s Bitcoin credit initiative. The financing could even reach up to $200 billion if the demand for the company’s securities is strong. 

At the time of writing, Bitcoin is trading at $111,300, up by 0.9% in the past 24 hours.

BTC trading at $110,607 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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 27, 2025 0 comments
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$68,753,451 XRP Stun Largest Korean Exchange as Price Drops, Here's What Really Happened
GameFi Guides

$68,753,451 XRP Stun Largest Korean Exchange as Price Drops, Here’s What Really Happened

by admin August 27, 2025


  • 23,000,000 XRP on move
  • Here’s what really happened at Upbit

Prominent blockchain sleuth Whale Alert, which tracks large cryptocurrency transactions, has identified a massive XRP transfer worth tens of millions of XRP. The transfer was made from the largest cryptocurrency trading platform in South Korea, Upbit.

However, additional details revealed by another on-chain tracker have shed light on the nature of this transaction.

Meanwhile, the coin’s price has slipped over the past 24 hours, unable to stay above $3.08.

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23,000,000 XRP on move

The aforementioned data source published a tweet, spotting 23,000,000 XRP being moved from the biggest crypto exchange in South Korea, Upbit, to a wallet tagged as anonymous. The transfer took place approximately four hours ago.

The fiat equivalent of this sum in crypto constitutes $68,753,451. The crypto community immediately began sharing their opinions, mostly suspecting a large whale making a big XRP purchase on the dip, as the price has gone down to $3.

Here’s what really happened at Upbit

Details revealed by XRPscan show that while the Upbit exchange indeed made the initial transaction, the receiving anonymous wallet immediately transferred the 23,000,000 it received to three crypto wallets.

Those wallets also belong to Upbit, which basically makes this transaction an internal diversification XRP transfer.



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August 27, 2025 0 comments
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