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Jubilation, chaos, and a lot of screaming: inside a Hollow Knight community Discord as the Silksong release date finally hit

by admin August 21, 2025

30-minutes until the live reveal of the latest Hollow Knight: Silksong trailer, the Hollow Knight: Silksong Daily News Discord server is packed. Almost a hundred people are sitting in a single voice channel, chatting away, cracking jokes. In less than an hour, they’ll blow out my earphones.

Prior to the release date trailer, the regular gags are thrown out perhaps for the final time. The game will be announcing a delay, one person meekly chirps. Another boisterous and proud, declares that Team Cherry had tweeted something, lying as easily as he breathed.

“Why are there so many people on this call?” one user asks. “How many are in the official Silksong Discord?” unaware that the official Hollow Knight Discord had locked its voice channels, making Silksong Daily News the go-to spot for live reactions.

You can watch the release date trailer for Hollow Knight: Silksong here!Watch on YouTube

In the few minutes leading to the reveal, shock reactions at 160,000, then 200,000 people flocking to the YouTube trailer stream flow constant and jubilant through the voices of eager fans. Discord user Kelton closes down the Itch.io Silksong fan game, and settles in to watch. Everyone quickly mutes themselves as the YouTube timer nears zero, others are told to shut up.

The timer hits zero, only for another three minute timer to appear. Everyone unmutes again. Some claps, an “oh my god”, scattered laughter. Someone notices that 260,000 people are now watching live, and renewed cries for muted mics are made by leaders of the pack. Discord user Schmalamph states: “after so many years it’s finally time”, before shifting up with a “Silksong 2034” gag to the chat’s amusement.

Then, the trailer starts, and it’s beautiful. Gasps and meek cheers pop out between cuts. The map is shown and people start to get riled up, “holy shits” get thrown out as Hornet flips around platforms and enemies alike. The volume rises steadily with each new line in the trailer, over 200 enemies, over 40 bosses. At this point, I should have turned the volume down.

Then, the trailer fades to black, and September 4 creeps into frame. Everyone unmutes at once and screams. They cheer and yell and one guy does what sounds like a war cry. Some European fella starts singing September by Earth, Wind, & Fire. Then, very few leave. They stick around and celebrate while pouring through the trailer frame-by-frame. As the dissection of every detail, every nugget of information continues, I take my leave with sore eardrums.

This experience, hanging out in a Hollow Knight: Silksong Discord and listening in to the jokes, the joy, and the post-trailer merriment is to me what video game fandom is all about. It’s hearing people who have been starved of information for years finally learn that not only is the wait almost over, it’s over in two weeks. It’s knowing that some stranger across the world now has to phone their boss and try to get time off work for a video game, and knowing you’re tempted to do the same.

So here’s to the Hollow Knight fans, whose wait is almost over. All that’s left is to hope the game isn’t bad. God, could you imagine?

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August 21, 2025 0 comments

NFT Gaming

Coinbase CEO predicts Bitcoin will hit $1million by 2030

by admin August 21, 2025

The CEO of Coinbase has shared a bullish long-term target for Bitcoin, predicting the cryptocurrency’s price could be worth a million dollars in the coming years.

Summary

Coinbase CEO Brian Armstrong is bullish on Bitcoin’s long-term potential.
Armstrong points to regulatory developments, including the GENIUS Stablecoin Act, as evidence of increasing market clarity.
Other industry figures, including Michael Saylor and Cathie Wood, also project Bitcoin reaching $1 million or more by 2030.

Speaking on the Cheeky Pint podcast recently, Coinbase CEO Brian Armstrong expressed his belief in Bitcoin’s (BTC) long-term potential to reach the $1 million price point by 2030.

“The rough idea I have in my head is that we will see a million-dollar Bitcoin by 2030,” he said, responding to host John Collison’s question about his price expectations.

Armstrong pointed to shifting regulatory scenes and growing institutional demand as key drivers of his predictions. He noted that the recent passage of pro-crypto legislation, including the GENIUS Stablecoin Act and other key market structure bills under review in Congress, signals growing clarity for the industry, a reality that was once seemed a distant dream.

I think we’ll see $1M per bitcoin by 2030.

Regulatory clarity is finally emerging, the US government is keeping a BTC reserve, there’s a growing interest for crypto ETFs, among many other factors.

(Not financial advice of course, it’s impossible to guarantee) pic.twitter.com/w5EfcYFvVp

— Brian Armstrong (@brian_armstrong) August 20, 2025

“We’re starting to see regulatory clarity emerge in the U.S senate,” he added. The CEO also pointed to the adoption of a Bitcoin reserve by the U.S, as well as the broader trend among several governments globally. He stressed that these developments mark a new milestone, removing uncertainties that once clouded the industry’s long-term outlook.

Growing institutional demand from corporate entities and exchange-traded funds is another key driver of his forecast. With the success of Bitcoin ETFs and traditional financial institutions now betting on the asset, Armstrong added that these channels have become a gateway for mainstream investors, and continued inflows of capital are expected to push prices higher.

Coinbase CEO’s BTC price target aligns with other bullish calls

Armstrong is not alone in making long-term calls for Bitcoin. Other industry figures, including Strategy’s Michael Saylor, have made similar projections. Earlier in June, Saylor cited rising institutional demand and limited supply as catalysts for BTC climbing to the $1 million mark.

Cathie Wood of ARK Invest has set an even higher price target of $1.5 million for BTC by 2030, exceeding Coinbase CEO Armstrong’s forecast. These predictions share common ground, with expectations that Bitcoin adoption will continue to grow, solidifying its role as a global store of value.

Meanwhile, Bitcoin has traded sideways over the past week. Since failing to sustain the rally that pushed it to a new all-time high above $124,000, the asset has struggled to maintain momentum. At the time of writing, BTC sits just under $113,368 according to market data from crypto.news, down 0.29% on the day and roughly 6.8% over the past seven days.

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August 21, 2025 0 comments

Game Reviews

With a new tandem OLED monitor that can hit 720Hz, the 1000Hz dream is almost here

by admin August 21, 2025

Asus just revealed two new tandem OLED monitors at an event adjacent to Gamescom 2025, including a flagship model that’s able to hit a blistering 720Hz (!) – at a reduced resolution of 720p – or a still-scintillating 540Hz at its normal resolution of 1440p. A 1000Hz OLED has long been the goal for display enthusiasts, and by that metric we’re now the majority of the way there.

The tandem W-OLED screens used on both the flagship PG27AQWP-W and lesser XG27AQWMG are also remarkable, with the new panels promising 15 percent higher brightness – a longtime OLED weak point – plus a 25 percent wider range of colours and even a 60 percent longer lifespan than earlier W-OLED panels, thanks to lower power requirements.

I went hands-on – or should it be “eyes-on”? – with both screens and came away impressed. The colour gamut and brightness improvements are hard to distinguish in the glaring lights of an event space – that’s why we do reviews with a colourimeter after the fact! – but the motion clarity that refresh rates this high on an OLED monitor can provide is immmediately obvious in fast-paced games like Counter-Strike 2, where you’re often trying to track (and aim at) fast-moving targets.

This monitor looks incredible from behind – which is a shame, as most people will probably put it on a desk with a wall behind. | Image credit: Eurogamer

It’s a bit hard to describe exactly how this looks in person, but the main thing is that the trails that often accompany fast-moving objects – artefacts that are called overshoot and undershoot – are basically nonexistent at this kind of speed. Everything looks smooth, with many more intermediate steps in a given chunk of time. There are even faster 750Hz TN panel monitors, to be fair, but these LCD-based panels don’t have anywhere near the raw pixel response times of an OLED – let alone the colour reproduction, contrast or viewing angles.

Of course, you will need a beastly PC to hit anything near 720fps even in older esports titles, but for a lucky few this is quite an achievement. Asus has also included a full 80Gbps DisplayPort, so you’ll be able to access that full spec without the need for Display Stream Compression (DSC). The cheaper XG27AQWMG ought to confer those tandem OLED improvements without needing an eye-wateringly powerful PC, with a 1440p 280Hz spec sheet that is a good fit for most enthusiasts, and it consequently makes do with standard HDMI 2.1 with DSC.

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Both monitors also come with a new panel coating that Asus is calling “trueblack glossy”, and it aims to combine the rich look of glossy panels without losing black depth in varying levels of ambient light. Eyes-on testing at the event with a phone torch showed concentrated reflections, unlike the diffuse reflections of matte coatings, but with a deeper black look on dark content – definitely far from the dark purple that you get on QD-OLEDs that are turned off, for instance.

The design of the higher-end PG27AQWP-W is also remarkable, with a semi-transparent rear shell that shows off some of the interesting circuitry inside. As someone that grew up with G3 iMacs and a purple see-through Game Boy Colour, I absolutely dig this. Asus has also skeletonised the monitor’s stand, presumably for aesthetic reasons, but also to reportedly reduce the amount of metal used. The XG27AQWMG is a little ordinary-looking by comparison, but does come with a more compact rectangular desk stand that allows more keyboard and mousing space.

This OLED coating demo was convincing, with the new trueblack glossy coating obviously providing better black levels and less diffuse reflections than regular glossy and regular matte coatings respectively. | Image credit: Eurogamer

There are a few feature additions too. Alongside the usual raft of burn-in countermeasures, Asus is adding a presence sensor that will automatically turn off the screen when you’re not there. “Did I leave my OLED on?” has almost become the new “did I leave the stove on?” for OLED monitor owners, so having this as a tunable option makes some sense, as long as it dims rather than turning off so that it doesn’t mess up window placements or confuse running programs.

Pricing wasn’t announced alongside the other details, but I’d guess that the flagship PG27AQWP-W to cost at least £1300, while the XG27AQWMG is likely to cost the better part of £1000, despite the less powerful panel and lower-bandwidth ports. OLED monitors are getting increasingly affordable, but tandem OLED isn’t going to come cheap – at least for a while.

Cyberpunk 2077 is a nice place to spend time checking out a new monitor like the XG27AQWMG, and at a native 1440p 280Hz, you actually have a chance of maxing it out with a high-end GPU capable of frame generation. | Image credit: Eurogamer

On that note, Asus claimed during their event that they are the number one producer of OLED gaming monitors, but they’re largely reliant on LG and Samsung for producing the actual displays – and therefore there’s no doubt that we’ll see (potentially cheaper) options based on these same fourth-generation W-OLED panels from other brands in the near future.

Based on this early look though, tandem OLED looks just as compelling in the desktop monitor space as it does for high-end TVs – even if it comes at the same staggeringly high prices.

Disclosure: Asus paid for flights and accommodation to Cologne for Gamescom so that we could see their new products in person.

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August 21, 2025 0 comments

Game Reviews

BioShock 4 Hit With Mass Layoffs After A Decade Of Spinning Its Wheels

by admin August 21, 2025

The other shoe has dropped at Cloud Chamber. Following an internal delay and management shakeup, the studio making BioShock 4 has now laid off 80 people, Bloomberg reports. Originally, the sequel had supposedly been targeting a late 2026 release, but it will likely take longer now as significant aspects of the game, including the story, are reworked.

Layoffs announced on Tuesday amounted to about a third of the staff at the roughly 250-person studio. According to Bloomberg, the next BioShock has gone through multiple studios and leadership teams over the last decade, with problems arising at Cloud Chamber in part due to the need to create a new studio while also meeting sky-high expectations for the franchise. One of the stumbling blocks was reportedly its rapid growth and the game’s shift to the newest version of Unreal Engine.

“While we’re excited about the foundational gameplay elements of the project, we’ve made the decision with studio leadership to rework certain aspects that are core to a BioShock game, and in doing so are reducing the size of the development team to focus on this work and give the game more time in development,” 2K Games president David Ismailer wrote in a memo to staff this week that was shared with Kotaku.

Bloomberg reported earlier this month that BioShock 4’s latest stumble occurred following a negative internal review with executives, with particular concern about the game’s narrative. Publicly, 2K Games has said that the new BioShock is good but not good enough. “Some of our competitors have realized maybe a little late in the day that consumers are not okay with okay,” Strauss Zelnick, CEO of 2K parent company Take-Two, told IGN in a recent interview. Industry veteran Rod Fergusson is now leading the project, the second time he’s been tasked with clawing a BioShock game out of development hell.

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August 21, 2025 0 comments

Crypto Trends

Bitcoin STH Capitulate: $5.69B In Losses Hit Exchanges In 48 Hours

by admin August 21, 2025

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

Bitcoin is trading at a critical support level after reaching a new all-time high of $124,500 before swiftly losing the $115K level in less than a week. The sudden reversal underscores the sharp rise in volatility, with bulls and bears locked in a battle for momentum. While some analysts argue that BTC could reclaim its highs in the coming days, others expect the market to cool off further, with consolidation potentially dragging the price into lower ranges.

Key insights from CryptoQuant analyst Maartunn reveal that Bitcoin just faced one of the heaviest loss-driven moves in weeks. Short-term holders (STHs) have been under pressure, with billions in BTC flowing into exchanges at a loss, signaling capitulation among speculative investors. Historically, such moments of intense selling either trigger deeper corrections or set the stage for recovery rallies, depending on how quickly markets absorb the supply.

For now, Bitcoin’s ability to stabilize above the $115K–$113K support zone will likely determine the short-term trajectory. If buyers step in aggressively, a rebound toward $120K+ could materialize. However, failure to defend current levels may leave BTC vulnerable to a deeper retracement before any attempt to retest its all-time highs.

Short-Term Holders Capitulate as Bitcoin Faces Pressure

According to CryptoQuant analyst Maartunn, Bitcoin’s short-term holders (STHs) are showing signs of serious capitulation. Over just two days, a staggering 50,026 BTC — worth approximately $5.69 billion — flowed from STHs to exchanges at a loss. This marks the deepest loss-driven move in more than a month, underscoring how quickly sentiment can shift in an overheated market.

Bitcoin STH P&L to Exchange Sum 24H | Source: Maartunn

STHs selling at a loss is a critical signal. Historically, these moments often align with market stress points where speculative investors exit positions under pressure. Bulls, however, are looking for a different outcome. They want this to represent a sharp flush-out of weak hands, followed by renewed accumulation and a swift price rebound. In this view, the sell-off would simply be a reset — a profit-taking event that clears the path for more sustainable gains.

If that fails to materialize, the risk grows that this episode could mirror the prolonged loss realization seen from late February through late May, when persistent capitulation dragged Bitcoin through an extended consolidation phase.

For now, bulls are defending the $115K region, but many analysts point to $110K as a decisive level. Losing that support could expose BTC to a deeper retracement, while holding it could provide the springboard for a renewed push back toward all-time highs.

BTC Price Analysis: Testing Key Moving Average

The 8-hour Bitcoin chart shows that BTC is under strong selling pressure after failing to hold above the $120K–$123K resistance area. The chart highlights multiple rejections at the $123,217 level, establishing it as a critical ceiling. After the most recent failed breakout attempt, price has sharply retraced, now trading around $113,486.

BTC testing critical demand | Source: BTCUSDT chart on TradingView

On the downside, BTC is testing the 200-period moving average (red line), currently sitting near $113,292. This zone has acted as a key support level in previous consolidations. If the price manages to defend this area, it could form a base for a potential rebound toward the mid-range levels around $117K–$118K. However, failure to hold this moving average would likely open the door for a deeper correction toward the $110K psychological level.

The 50-period (blue) and 100-period (green) moving averages are now above the price, acting as resistance, signaling a short-term bearish bias. Market structure suggests consolidation is underway, with momentum shifting toward bears.

Featured image from Dall-E, chart from TradingView

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August 21, 2025 0 comments

Crypto Trends

Traders debate which coin will hit $1 first in the 2025-26 memecoin cycle

by admin August 20, 2025

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

Dogecoin eyes the $1 milestone, but newcomer Little Pepe’s fast-selling presale is stealing the spotlight.

Summary

Dogecoin eyes $1, but LILPEPE’s fast presale raises $19.5m and gains momentum.
Its Layer-2 blockchain, low fees, and presale speed fuel 2025 price hype.
With 500× upside forecasted, LILPEPE could outpace Dogecoin in the race to $1.

Every memecoin cycle seems to have its big race, and for 2025–26, the finish line is clear: the $1 mark. Dogecoin has been inching toward it for over a decade, buoyed by Elon Musk tweets, retail nostalgia, and its place as crypto’s most recognizable joke token.

But this time, it’s not running alone. Little Pepe has stormed into the conversation, pulling in millions during its presale and selling tokens at a pace that’s hard to ignore.

Dogecoin: The meme veteran with a ceiling

Dogecoin is still the original memecoin brand. It’s the face plastered across internet culture, tipped in Reddit threads, and name-dropped by Elon Musk. That recognition is worth a lot in a market where perception drives price.

Right now, DOGE trades in the $0.23–$0.24 range. For it to touch $1, investors would need roughly a 4×–5× return. That’s not outlandish, but it’s more about sustaining cultural relevance than breaking new technological ground. Its structure is part of the problem.

DOGE is inflationary, adding new coins endlessly, and its proof-of-work chain offers little beyond transaction capability. Without DeFi layers, NFT markets, or smart contract support, DOGE’s growth story leans entirely on the meme and the crowd behind it. Analysts generally see it hitting $1 in a bullish run, but not in the explosive move that makes millionaires overnight.

Little Pepe: The infrastructure-powered underdog

LILPEPE doesn’t just want to join the memecoin conversation; it wants to rebuild the stage it’s happening on. The project runs on its own Ethereum-compatible Layer-2 blockchain, purpose-built for memecoins, combining:

Ultra-low fees for rapid trading
Zero taxes to encourage volume
Sniper-bot protection to prevent unfair early grabs
A meme-focused launchpad for community-driven projects

It’s a setup designed to attract speculative traders and become the go-to network for launching and hosting memecoins. But what’s catching traders’ attention right now is the presale speed. LILPEPE has already raised over $19.5 million across its first 10 stages.

Stage 11, priced at $0.0020, is disappearing fast, with more than 500 million tokens sold in under 24 hours, with less than 1 billion left before the price moves up to $0.0021. Early buyers from Stage 1 have already doubled their investment before the token even hits the open market.

Price predictions range from $0.10–$0.50 by the end of 2025 (50× returns) to more extreme forecasts of $1–$2 within the same timeframe, should the hype and adoption curve hold. At $1, that’s roughly 500× from today’s presale price.

The $1 race: Closer vs. faster

Some traders believe DOGE is the obvious frontrunner purely by proximity, just $0.76 away from the target. But the math hides the real story. For DOGE, a 4× jump requires a wave of mainstream adoption or a market frenzy strong enough to absorb billions in buying pressure.

For LILPEPE, the leap to $1 is mathematically massive, but these kinds of runs happen in short, intense bursts in the world of low-cap, high-hype memecoins. In the last two cycles, we’ve seen coins move from fractions of a cent to multiple dollars in under a year when momentum hit critical mass.

Community, hype, and the X-factor

Dogecoin’s community is loyal, but also older and less aggressive in viral marketing. LILPEPE’s crowd, by contrast, is in full-throttle mode, leveraging social media pushes, influencer endorsements, and a $777,000 giveaway to keep momentum high.

It’s also already topping memecoin trend trackers, outranking PEPE, DOGE, and SHIB in mentions from June through August 2025.

Add in confirmed exchange listings and whale accumulation, and you have a token building both the infrastructure and the hype machine before it even launches.

Bottom line

Dogecoin could hit $1; it’s been the dream of its holders for years, and with the right market conditions, it’s achievable. But LILPEPE isn’t waiting for the market to hand it an opportunity; it’s engineering one through tech, scarcity, and a presale that’s moving in real time. Ultimately, the race to $1 might not be about who’s closer but about who’s running faster. For traders willing to take the bigger risk for the bigger prize, LILPEPE’s path might be worth betting on.

To learn more about Little Pepe, visit the website, Telegram, and X.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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August 20, 2025 0 comments

NFT Gaming

$5,690,000,000 BTC Hit Exchanges at Loss in Just 48 Hours: Details

by admin August 20, 2025

According to Maartunn, a community analyst at on-chain data platform CryptoQuant, $5.69 billion worth of Bitcoin flowed to crypto exchanges at a loss in 48 hours as short-term holders capitulated. Deposits to exchanges often imply an intent to sell; this is the case as the market has seen a drop since the start of the week, with $441 million liquidated in the last 24 hours alone.

Maartunn observed that Short-Term Holders are selling at a loss: 50,026 BTC or $5.69 billion arrived at exchanges at a loss from this class of Bitcoin holders over just two days. This marks one of the heaviest loss-driven moves in weeks.

In a separate tweet, Maartunn described the profit-taking move as having the deepest value in over a month, adding that bulls would want to see this as a signal for a sharp move upward; otherwise, it could mirror the prolonged loss-taking seen from late February to late May.

Market retreats

The market is seeing profit-taking after reaching new highs, as major cryptocurrencies retreated, bringing the market’s total worth below $4 trillion.

Bitcoin price will hit $180,000 by the year-end, VanEck report suggests

by admin August 20, 2025

On Aug. 18, 2025, ETF and mutual fund manager VanEck released a new report studying Bitcoin price trends between mid-July and mid-August. VanEck analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel predict that BTC will reach $180,000 by the end of the year, while noting discrepancies in Bitcoin mining companies’ market performance and declining mNAV of Digital Asset Treasuries.

Summary

VanEck report suggests that Bitcoin price will reach $180,000 by the end of 2025.
The report attributes the decline in Bitcoin treasury companies’ mNAV to lower Bitcoin volatility and claims mNAV will continue to drop in the future.
The U.S. dominance in Bitcoin mining reaches a record high at 31%.
Bitcoin ordinals minting doubles if compared to 2024, while Bitcoin Core is removing the arbitrary data limit from the block, clearing the way for more ordinals.

30-day market trends

On Aug. 13, 2025, Bitcoin reached a new record-breaking price. While it was only several hundred dollars above July’s peak price, VanEck notes that the signals coming from the Bitcoin futures markets were more bullish. The CME basis funding rates reached 9%, the highest figure in six months.

The options market saw a notable increase in the call/put ratio, which reached 3.21x, signaling the growing demand for BTC. According to VanEck, 3.21x is the highest call/put rate since June 2024. Call premiums reached $792 million, which is a 37% rise compared to the previous 30-day period.

One of the factors shaping the uptrend was growing demand from corporations. According to VanEck, in July, Exchange-traded products (mostly ETFs) and DATs acquired 54,000 BTC and 72,000 BTC, respectively. In the three months of 2025 Q2, DATs purchased only 131,355 BTC, which indicates July’s increase in buying pressure coming from digital asset treasuries.

For the same crypto asset, which would you rather own?

— VanEck (@vaneck_us) August 13, 2025

VanEck named Ethereum’s popularity spike as the main reason for the decline in Bitcoin’s market dominance from 64.5% to 59.7%. Bitcoin network transactions reached 12.9 million, which is the highest rate since November 2024. Median fees dropped by 13%.

The graph attached to the VanEck report showcases a spike in total transfer volume. It reached $77,727,657,201, making a 34% increase compared to the previous 30-day period or a 60% change over 365 days.

Bitcoin mining

In August, mining hashrate reached a record-high rate of 902 EH/s. The revenue per EH/s is $59,400, the highest in eight months. The volume of BTC sent by miners to exchanges has nearly doubled since August 2024, but grew only 16% compared to mid-July of this year.

As for mining companies’ equities, the results are split. Applied Digital Corporation’s equity (APLD) is up 54%, Bitfarms (BITF) is up 16%, while most of their competitors saw growth below 10% or dropped in price. VanEck names a 22% drop in Cipher Mining Inc.’s stock (CIFR) price and a 4% decline in the 13-mining-company index tracked by the report authors. In August, U.S.-based mining operations reached a record share of 31%.

Bitcoin treasuries

VanEck evaluated the amount of Bitcoin held on public treasury companies’ balance sheets at 951,000. The authors of the report point to the decline in DATs’ stock performance. They point out that in July, the mNAVs of these companies have been going down.

Saylor once said he’d never issue below 2.5x mNAV.

Now, he’s changed course.

He’s signaling a willingness to sell $MSTR even under that threshold.

A real risk of dilution is now on the table.

— Oz Sultan (@OzForNY) August 19, 2025

It means that for these companies, the share of net asset value declines relative to their liabilities. VanEck gives three examples: mNAVs are down for MSTR (-16%), for MTPLF (-62%), and for SMLR (-12%). As Bitcoin volatility settles, it becomes harder for DATs to issue convertible debt to acquire more BTC.

Bitcoin ordinals spike

Another notable trend is the 43% 30-day growth of ordinals minted on the Bitcoin blockchain. The total amount of ordinals minted in 30 days amounts to 109,779. Compared to August of 2024, this amount has grown by 120%.

This surge in minting Bitcoin blockchain-based images and other non-monetary data reflects the ongoing debate over the idea of removing the 83-byte-per-block limit for arbitrary information. The implementation removing the limit will come into effect for Bitcoin Core nodes in October, allowing for more ordinals per block, which can possibly slow down monetary transactions.

Predictions

Looking at the near future, VanEck points to the possibility of a volatility spike, which in turn can amplify price swings via dealer hedging. VanEck expects a further decline in DATs’ mNAVs as they will have limited ability to raise capital due to a long period of low volatility. While the report authors provide both bearish and bullish scenarios, they claim that by year-end, Bitcoin will reach $180,000.

In December 2024, Matt Sigel was predicting that Bitcoin would reach $180,000 in the first quarter of 2025 before going through a 30% correction. In fact, the Q1 peak was well below $110,000. April saw a short-term 25% drop. Given that the current Bitcoin price is much higher than the December 2024 price, the $180,000 bet is considerably less bullish.

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August 20, 2025 0 comments

NFT Gaming

Harvard Economist Who Predicted That Bitcoin Was More Likely to Hit $100 Than $100K Finally Speaks Out

by admin August 19, 2025

Kenneth Rogoff, professor of economics at Harvard University, has taken to the X social media network to address his awful Bitcoin call, which recently went viral on social media.

He has outlined the main reasons why his prediction went so terribly wrong, with the lack of “sensible” regulation being one of them.

$100,000 instead of $100

In March 2018, Rogoff told CNBC that Bitcoin was “a lot more likely” to plunge to $100 than surge to $10,000 a decade from then.

The economist insisted that the cryptocurrency was being primarily used for laundering money and evading taxes, arguing that it failed to gain significant traction as a transaction vehicle.

Back then, the esteemed Harvard professor, who has published several influential papers, argued that a global regulatory crackdown would make the price of the cryptocurrency plunge lower.

Back then, the cryptocurrency was coming off a massive bull run that propelled its price to nearly $20,000. In May 2018, however, the cryptocurrency was trading at just roughly $11,000 after a substantial correction. It went on to plunge to $3,112 in December 2018 following a truly brutal bear market.

Key reasons behind this terrible call

While addressing his horrible Bitcoin price prediction, Rogoff admitted that he was “far too optimistic” about the US “coming to its senses” about the necessity to rein in crypto with “sensible” regulation.

He also claims that he did not expect Bitcoin to compete with fiat currencies as a transaction medium.

Finally, he never expects regulators to fully embrace crypto while allegedly ignoring conflicts of interest.

So, where is Bitcoin heading next?

As reported by U.Today, commodity trader Peter Brandt previously claimed that there was a 30% chance that Bitcoin had peaked.

However, he now claims that such odds could be higher after Bitcoin recently plunged below $113,000, underperforming in tandem with the Nasdaq index.

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August 19, 2025 0 comments

GameFi Guides

Bitcoin Could Hit $150K Before Next Bear Market: McClurg

by admin August 17, 2025

Bitcoin may have more room to climb before a potential downturn, according to Canary Capital CEO Steven McClurg. Speaking in a CNBC interview on Friday, McClurg said he sees a “greater than 50% chance Bitcoin goes to the 140 to 150 range this year before we see another bear market next year.”

At the time, Bitcoin was trading at $117,867, leaving an upside of around 19% to 27% if it reaches his target.

McClurg tied Bitcoin’s recent momentum largely to inflows into spot Bitcoin ETFs and buying activity from treasury firms. “That’s what is really driving price,” he said, adding that large sovereign wealth funds and insurance companies are also showing increasing interest. He believes treasury allocations may peak in the coming months, but acknowledged their role has been significant in pushing Bitcoin higher.

Despite his bullish short-term view, McClurg warned of risks in the broader economy. He expressed concern over rising debt burdens, pointing out that student loan defaults are now higher than in 2009, while credit card and mortgage defaults are also climbing.

“I don’t like the economic standing at all right now,” he said, noting that he expects the U.S. Federal Reserve to cut rates in September and October. According to CME’s FedWatch tool, markets are already pricing in a more than 90% chance of a September cut.

McClurg also discussed developments around crypto ETFs. He pointed out that the SEC is working on a generic listing framework, which could make it simpler for altcoin ETFs to launch.

This move may pave the way for products linked to assets such as XRP and Litecoin as early as later this year. His firm has also filed for staked crypto ETFs, including a staked Tron ETF, aimed at generating and distributing yield to investors.

On Ethereum, however, McClurg was less enthusiastic. He described the network as “outdated technology” compared to newer protocols and suggested it is unlikely to see fresh all-time highs. By contrast, he sees renewed potential in Litecoin, calling it the “silver to Bitcoin’s gold” and praising founder Charlie Lee’s recent efforts to strengthen the network.

While McClurg cautioned that a bear market across the economy could emerge in 2026, he stressed that easier monetary policy and institutional flows may still push Bitcoin to fresh records in the coming months.

Also Read: Analyst Sees 30% Chance Bitcoin Bull Run Has Peaked

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August 17, 2025 0 comments