Bitcoin and Ethereum Prices Surge as Market Signals Emerge

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Bitcoin’s August Recovery Halted by Long-Term Holder Sell-Off and $1.2 Billion ETF Outflows

05:02 06-08-2025 （1 day ago）

Bitcoin's attempted August rebound is confronting stiff resistance as long-term investors liquidate holdings and institutions withdraw massive capital from exchange-traded funds. This dual-pronged sell pressure has heightened market pessimism and disrupted the cryptocurrency's typical seasonal recovery pattern. Long-term holders, typically resilient during market dips, are capitalizing on price bounces to secure profits during August's recovery attempt. Simultaneously, institutional investors have...

Bitcoin ETFs See $91.6 Million Inflows as BTC Tests Resistance Near $115,000

12:13 07-08-2025 （4 hours ago）

U.S.-listed Bitcoin spot exchange-traded funds (ETFs) signaled potential market recovery with $91.6 million in net inflows recorded. The inflows coincided with Bitcoin trading around $115,023, reflecting a 6.5% decline from its all-time peak of $123,000. Market analysts have pinpointed the $117,200 price level as a critical resistance point; breaching this could signal a stronger recovery trajectory. Among individual ETF issuers,...

Cryptocurrency News Channel on Telegram Emphasizes Informational Disclaimer

09:58 05-08-2025 （2 days ago）

A dedicated Telegram channel is providing cryptocurrency news updates, focusing specifically on Bitcoin market developments, insights, and analytical content. The channel explicitly states that it delivers timely and reliable coverage of cryptocurrency-related events while including a standardized disclaimer regarding the nature of its information. According to the disclaimer, all content is intended strictly for informational purposes and should not be...

Cango Reports 44.4% Monthly Bitcoin Mining Increase to 650.5 BTC as Strategic Pivot Pays Off

17:47 05-08-2025 （2 days ago）

Chinese firm Cango Inc. announced a substantial surge in its Bitcoin mining production, mining 650.5 BTC in July. This output represents a significant 44.4% increase compared to the 450 BTC mined in the previous month of June. The company attributes this growth primarily to a major investment in mining infrastructure and its ongoing strategic shift away from auto financing towards...

Stellar (XLM) Surges 7% Amid Visa Partnership, Eyes $0.52 Target with Strong Volume

16:28 04-08-2025 （3 days ago）

Stellar's native token XLM has posted a notable 7% price surge, decisively defending the critical $0.36 support level amid growing market optimism. The rebound signals potential recovery momentum for the blockchain protocol following recent market pressures. Trading volume for XLM jumped approximately 50% to $564 million within the same 24-hour period, reflecting robust trader interest and bullish sentiment. This heightened...

Ethereum Surpasses $3,800 as DeFi Ecosystem Drives $26 Billion On-Chain Economy

18:00 06-08-2025 （22 hours ago）

The price of Ethereum (ETH) has surged above $3,800, a move underpinned by strong market demand and significant support established around the $2,900 level, signaling robust investor confidence. Key decentralized applications (dApps) like the decentralized exchange Uniswap and stablecoin USDC are central to Ethereum's thriving ecosystem. These applications are driving substantial decentralized finance (DeFi) activity and generating significant network earnings....

Parataxis Holdings and SilverBox Corp IV Merge to Form $640M Bitcoin Treasury Firm Targeting U.S. and South Korea

07:38 07-08-2025 （9 hours ago）

Parataxis Holdings and special purpose acquisition company SilverBox Corp IV have finalized a merger agreement to establish a combined entity focused on Bitcoin treasury operations, with a valuation of approximately $640 million. News of the merger agreement drove SilverBox Corp IV's stock price up by 1.32% in after-market trading. The primary objective of the merger is to bolster market access...

Changpeng Zhao Seeks Dismissal of FTX’s $1.8 Billion Lawsuit, Calls Claims Baseless

07:12 06-08-2025 （1 day ago）

Changpeng Zhao has formally requested the dismissal of a $1.8 billion lawsuit filed by cryptocurrency exchange FTX, asserting that the allegations are unfounded and improperly targeted. In his dismissal motion, Zhao contends that FTX was already operating as a fraudulent enterprise prior to its collapse and that his actions bore no responsibility for the exchange’s downfall. He further emphasized the...

Robinhood US Expands Cryptocurrency Offerings with FLOKI Listing

12:45 07-08-2025 （4 hours ago）

Robinhood US has added FLOKI to its roster of supported cryptocurrencies, making the digital asset available for trading on its platform. This announcement marks the latest expansion of Robinhood's cryptocurrency services available to its user base. The inclusion of FLOKI now allows Robinhood customers to directly access and trade the token through the brokerage's interface. The development aligns with Robinhood's...

Parataxis Holdings to Raise $640 Million via SPAC Merger for Bitcoin Expansion and NYSE Listing

14:02 07-08-2025 （2 hours ago）

Parataxis Holdings has announced a merger agreement with special purpose acquisition company SilverBox Corp IV to raise up to $640 million. The transaction will facilitate Parataxis's public listing on the New York Stock Exchange under the ticker symbol 'PRTX'. Proceeds from the SPAC merger will primarily fund Bitcoin reserve acquisitions and support market expansion initiatives in South Korea. The business...

Analyst: Ethereum Treasury Firms Outshine ETFs with Staking and NAV Advantages

01:18 07-08-2025 （15 hours ago）

Standard Chartered analyst Geoff Kendrick suggests firms holding Ethereum in corporate treasuries may outperform spot ETFs, citing equivalent ETH accumulation, favorable NAV multiples, and staking rewards amidst shifting market dynamics. Corporate buyers and spot ETFs have acquired identical portions of ETH's circulating supply since early June, each accumulating 1.6% over the two-month period. Treasury purchases totaled 545,000 ETH ($1.6 billion)...

XRP Forms Bullish Falling Wedge Pattern Signaling Potential Breakout Toward $4

11:12 05-08-2025 （2 days ago）

Technical analysts report XRP has developed a falling wedge formation—a historically bullish pattern that triggered a 70% price rally earlier this year. The setup signals potential breakout conditions mirroring those observed before January 2025's dramatic surge. The relative strength index (RSI) stabilization near 50 suggests strengthening momentum. Analysts project a potential 20% upside toward the $3.75-$4.00 range should XRP decisively...