News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- Jito (JTO) surged 8.4% to $2.08 on August 27, 2025, breaking $1.90 resistance with bullish engulfing patterns and 12x turnover spikes. - Institutional adoption accelerates via Jito DAO's JIP-24 proposal, channeling $15–22.8M/year into buybacks and staking incentives while securing SEC non-security status. - Key resistance at $2.11 (161.8% Fibonacci) could trigger institutional buying, while failure to hold $1.934 risks a pullback to $1.84, with broader Solana staking growth reinforcing JTO's infrastructu
- Solana (SOL) shows strong technical momentum with RSI at 57.63, ascending wedge patterns, and $220 breakout potential targeting $250–$300. - On-chain data reveals 22.44M active addresses, $57.7M whale inflows, and $1.2B ETF inflows, signaling institutional and whale accumulation. - U.S. government blockchain adoption and ecosystem growth (DeFi, low fees) validate Solana’s infrastructure, creating a flywheel effect for SOL demand. - Strategic entry points at $207–$212.50 with $200 stop-loss highlight Sola
- American Bitcoin (ABTC) debuted on Nasdaq in 2025, combining Bitcoin mining with treasury accumulation, backed by Trump family members and 80% owned by Hut 8. - Strong Q2 2025 results ($41.3M revenue, $137.5M net income) and international expansion plans in Hong Kong and Japan highlight ABTC’s growth strategy and cost advantages over peers. - ABTC’s low mining costs ($37,000/BTC) and AI-driven infrastructure position it to outperform competitors amid rising industry costs and regulatory challenges. - Tru
- Cardano (ADA) 2024–2025 price swings exemplify the reflection effect, where investors disproportionately react to losses, amplifying volatility. - Retail investors sold during dips (e.g., $0.6236 in July 2025) and locked profits during rallies, despite strong fundamentals like Hydra's scalability. - Institutional investors accumulated 130M ADA, signaling confidence in Cardano’s roadmap, contrasting retail panic selling and FOMO-driven behavior. - Grayscale ADA ETF anticipation and Bitcoin’s rally ($116K
- IOTX plummeted 309.49% on Aug 29, 2025, to $0.02901 amid a 2651.89% year-to-date decline. - The selloff reflects heightened bearish sentiment, with RSI in oversold territory and 200-day MA acting as resistance. - A mean-reversion trading strategy is being backtested to assess if sharp sell-offs create reliable entry points for IOTX. - Tight liquidity and compressed Bollinger Bands suggest continued volatility and sideways consolidation are likely.
- U.S. initial jobless claims fell to 236,000 in June 2025, below expectations but above annual averages, signaling labor market softening amid rising continuing claims. - JPMorgan estimates Bitcoin’s fair value at $126,000 by year-end, citing reduced volatility and growing institutional adoption as key drivers of its undervaluation relative to gold. - American Bitcoin, backed by Trump sons, plans Nasdaq listing via merger, aligning with regulatory efforts to boost crypto industry growth despite conflict-o
- MAGACOIN FINANCE's Ethereum-based presale nears completion with rapid sellouts, positioning it as a Bitcoin alternative via scarcity-driven tokenomics. - Hashex audit and institutional-grade fundamentals bolster its legitimacy, attracting non-crypto investors through political-financial narratives. - Upcoming Ethereum staking unlock could amplify gains as liquidity shifts toward high-upside small-cap assets like MAGACOIN FINANCE. - Analysts highlight its asymmetric risk-reward profile, suggesting it coul
- IREN reported $187.3M revenue (226% YoY) and $176.9M net income in Q2 2025, driven by Bitcoin mining and AI cloud growth. - Bitcoin mining generated $180M in Q2, with 728 BTC mined (surpassing MARA), and projected $1B annual revenue at 50 EH/s hashrate. - AI expansion included 10,900 GPUs (1,900 added), NVIDIA partnership, and $96M non-dilutive financing for GB300 GPUs. - Shares surged 312% in four months to $23.04, with $5.4B market cap as it scales AI infrastructure and liquid-cooled data centers.
- Ethereum (ETH-USD) stabilizes at $4,561 after August volatility, supported by institutional inflows and bullish on-chain activity. - Technical indicators show ETH consolidating in an ascending channel with key resistance at $4,750–$4,800 and strong RSI alignment. - Options data favor bulls, with $5B expiry skewed toward calls and 22% advantage for upward movement above $4,800. - Institutional adoption grows via $900M ETH ETF inflows, whale accumulation, and rising Layer 2 activity boosting network utilit
- 00:50Huajian Medical begins applying for a US stablecoin license and plans to raise funds to increase its US dollar reservesJinse Finance reported that a certain exchange (1931) has announced the suspension of its previously planned cryptocurrency acquisition of no more than 3 billion yuan, and will disclose Ethereum (ETH) transactions in accordance with listing rules in the future. At the same time, the 3.142 billion yuan transaction to acquire a 20.31% stake in Guofu Quantum (0290) has been cancelled. The company has adjusted its strategy, started applying for a US stablecoin license, and plans to raise funds to increase its US dollar reserves. It will also simultaneously develop an AI algorithm platform, integrate its distribution network with the RWA platform, and enhance the accuracy of its asset valuation models.
- 00:45The whale, who has achieved 14 consecutive wins with large positions, added 140 BTC to their holdings 5 hours ago. The current long position is valued at $406 million.Jinse Finance reported that, according to on-chain analyst Yujin's monitoring, the whale with 14 consecutive successful large positions added 140 BTC to their holdings 5 hours ago, and their long position is now valued at as much as $406 million. They have held this position for 4 days, with a maximum unrealized loss of $18 million at one point. However, they are close to recovering, with the current unrealized loss reduced to only $1.98 million. Except for SOL, all other positions are profitable: $152 million ETH long, entry price $3,845, unrealized profit $2.54 million; $133 million BTC long, entry price $110,125, unrealized profit $580,000; $113 million SOL long, entry price $197.4, unrealized loss $5.31 million; $6.88 million HYPE long, entry price $41.3, unrealized profit $200,000.
- 00:35A certain exchange plans to acquire stablecoin startup BVNK for $2 billion.According to ChainCatcher, citing sources from Bloomberg, an exchange named Global Inc. is in the late stages of negotiations to acquire the stablecoin infrastructure startup BVNK, with the deal valued at up to $2 billion. The acquisition is expected to be completed by the end of 2025 or early 2026. BVNK, founded in 2021, provides enterprise-level stablecoin payment services, and Ventures of the exchange is already one of its investors. This move comes as the stablecoin business becomes increasingly important to the exchange; in the third quarter of 2025, the stablecoin business accounted for 20% of the exchange’s total revenue, approximately $246 million.