Из жизни альткоинов

After setting a new all-time high of $124,500, Bitcoin is now battling to hold the $115,000 level as support. The bulls, who dominated just days ago, are struggling to spark a fresh rally, leaving the market in a delicate phase. While fundamentals such as institutional adoption and strong holder demand continue to support the broader uptrend, capital flows suggest a new dynamic is at play.

Several analysts note signs of capital rotation from Bitcoin into altcoins, a pattern that often marks transitions between phases of the market cycle. Ethereum, in particular, is emerging as a major destination for this shift.

Adding to the intrigue, on-chain intelligence firm Lookonchain has been tracking the movements of a long-dormant Bitcoin OG whale, who has reawakened with extraordinary activity. On Friday, the whale deposited 300 BTC ($34.86 million) into Hyperliquid to sell for Ethereum. His bold strategy is paying off: he’s now sitting on over $100 million in unrealized profits.

The whale currently holds a 135,265 ETH ($581M) long position at a $4,295 average entry, up $58 million, and also accumulated 122,226 ETH ($535M) spot at a $4,377 average, up $42 million. This aggressive rotation underscores a pivotal moment—one where Bitcoin consolidates, but altcoins, led by Ethereum, may capture the spotlight.

Bitcoin OG’s Bold Rotation Into Ethereum

According to Lookonchain, the mysterious Bitcoin OG whale continues to dominate market headlines with aggressive on-chain moves. Most recently, he transferred another 4,000 BTC (~$460 million) into exchanges, where the funds were converted into Ethereum. This marks yet another large-scale repositioning that has captured the attention of analysts and investors alike.

So far, the whale has accumulated a staggering 179,448 ETH (~$806 million) at an average price of $4,490, alongside a 135,265 ETH ($581 million) long position that remains open. These bold allocations underscore a decisive rotation strategy away from Bitcoin and into Ethereum, suggesting a bet on ETH’s outperformance in the coming phase of the cycle.

The implications are significant. On one hand, such a massive capital shift highlights growing institutional-style conviction in Ethereum as it pushes through all-time highs and challenges Bitcoin’s dominance. On the other hand, it raises concerns about short-term volatility.

Analysts warn that despite the bullish outlook, a shakeout may occur before sustained gains materialize. With leverage in derivatives markets climbing and liquidity thinning in spot trading, sharp pullbacks could easily flush out overextended positions.

Bitcoin Vs. Ethereum: Weekly Chart Analysis

The ETH/BTC weekly chart shows Ethereum gaining significant ground against Bitcoin after a long downtrend that lasted from mid-2022 to early 2025. ETH has now rallied to the 0.041 BTC level, posting strong bullish candles and reclaiming key moving averages. The 50-week SMA (blue) has just been broken to the upside, and price is testing the 100-week SMA (green), an important resistance zone. If ETH manages to sustain momentum above this level, the next key target lies near the 200-week SMA (red) around 0.055 BTC.

This rotation is especially important because ETH has been underperforming Bitcoin for over two years. The recent surge signals a potential capital rotation from BTC into ETH, a trend reinforced by large institutional buys and whales shifting positions into Ethereum.

On the downside, if ETH/BTC faces rejection at the current resistance, the pair could retest support around 0.035 BTC, which aligns with previous consolidation. However, momentum indicators suggest strength is currently with Ethereum.

Featured image from Dall-E, chart from TradingView

Market confidence over a possible Federal Reserve rate cut has pushed crypto prices higher in recent days, but analysts warn that the mood could flip quickly.

According to Santiment, social chatter around the words “Fed,” “rate,” and “cut” has hit an 11-month high, a surge that has historically signaled overly bullish crowd behavior and increased the risk of a sharp pullback.

Social Euphoria Raises Red Flags

Santiment analyst Brian pointed to a classic market pattern: buy the rumor, sell the news. He noted that while ether led recent gains and bitcoin showed strength, the spike in mentions tied to Fed policy may have pushed sentiment toward euphoria.

Positive funding rates and rising chatter can lift prices, yet they also make markets more fragile. When a single theme dominates conversations, history shows that tops can form faster than many expect.

On-chain data add fuel to the Fed caution. Reports show that exchange-held bitcoin has climbed by roughly 70,000 coins since early June, reversing a long-term trend of withdrawals to cold storage.

According to Santiment, that shift could leave more supply ready to hit the market if sentiment turns. At the same time, daily active addresses and transaction volumes have slipped from prior levels, which leaves some core utility indicators looking muted rather than robust.

Bitcoin Technicals Suggest Short-Term Risk

Technically, bitcoin traded around $117,000 as it tried to reclaim the $120,000 mark. Fibonacci analysis places the 0.382 retracement at $114,355, a level already under pressure.

If selling intensifies, downside targets near $108,200 and $103,800 become plausible. The daily chart shows a breach of an ascending trendline and a failed attempt to stay above the supply zone near $120,000, which means risk management is prudent for anyone carrying large positions.

Ethereum Faces Profit-Taking Risk Despite Momentum

Funding rates and MVRV readings add to the careful tone. Based on reports, bitcoin’s long-term MVRV stands at +18.5%, a level that suggests moderate risk for new long-term buys. Positive funding rates indicate that traders are leaning long, so that needle could swing quickly when a catalyst reverses.

Ethereum’s price action looks healthier, trading near $4,755 with a crucial support zone around $4,550. Santiment flagged the short-term MVRV at roughly +15%, a level often seen as a danger zone for altcoin retracements, while the long-term MVRV at +58% points to elevated potential for profit taking.

Featured image from Getty Images, chart from TradingView

Solana, like Bitcoin and Ethereum, has been on a strong uptrend since July, gaining more than 33% in that time.

But its latest 16% rally in just three days is especially noteworthy, as it marks $SOL’s third recent attempt to break firmly above $200, after failing twice before (once in July, and again in August).

This surge comes on the heels of Fed Chair Jerome Powell hinting at a September rate cut, which is likely to fuel risk-on sentiment across markets and pump optimism into crypto as a whole.

Here’s the kicker: with $SOL testing the $200 level multiple times, analysts now believe this rally could finally be the one that sparks a massive breakout.

Keep reading to discover where $SOL could head next, the key factors driving its momentum, and how you can ride this wave by investing in Snorter Token ($SNORT) – a Solana-based altcoin currently in presale.

Top Analyst Predicts $360 Year-End Target for Solana

Based on technical analysis, @ali_charts, a crypto investor with more than 152K followers on X, has predicted that $SOL could hit $360 by the end of 2025.

He highlighted Solana’s prolonged consolidation phase and applied Fibonacci levels to support this lofty price target.

And just as institutional accumulation is helping drive Bitcoin’s price higher, the same dynamic is playing out with Solana.

For example, Sol Strategies recently disclosed their Solana treasury, revealing that the firm holds 420,706 $SOL worth roughly $87M.

This underscores how large institutions are backing Solana with serious capital.

Adding even more fuel to the fire is the growing likelihood of a SOL ETF approval in 2025.

According to prediction platform Polymarket, the odds of the SEC greenlighting a Solana ETF this year stand at over 99%.

Such an approval would be a game-changer, as it would open the floodgates for mainstream institutional money and significantly boost demand for $SOL.

Even if you take the loftiest $SOL price prediction ($360), that’s only about a 75% bounce from current levels.

Sure, those are gains a stock market investor would probably give a kidney for, but let’s be real: in crypto, 10x, 100x, or even 1000x returns are on the table if you pick the right tokens.

One such 1000x crypto that could help you squeeze maximum upside from the upcoming Solana rally is Snorter Token ($SNORT).

What Is Snorter Token?

$SNORT is the horsepower behind Snorter Bot, a new Telegram trading tool designed to help retail investors snipe liquidity in freshly listed meme coins on Solana.

The Problem:

Typically, big-money crypto players eat up all the liquidity in new tokens, whose initial pumps often give the biggest gains, leaving little to nothing for the average Joe.

The Solution:

Snorter allows you to set buy/sell limit and stop orders in advance. Then, as soon as liquidity opens, the bot automatically executes your trades, helping you front-run institutional players and ride meme coin pumps.

Even better? Because it’s based on Telegram, Snorter is incredibly easy to use, making it perfect for those new to the meme coin space.

All you have to do to place your trades is simply send commands in Telegram chat, which, by the way, is almost exactly how you send a regular text on the app.

Top-Tier Security & Usability Features

Just because Snorter keeps things simple doesn’t mean it’s a stripped-down version of the more sophisticated trading bots out there.

In fact, Snorter comes packed with a full suite of features designed to make your on-chain trading as safe as possible.

These include protections against rug pulls, honeypots, front-running, and MEV (Maximal Extractable Value) attacks.

Beyond industry-leading security, the bot also offers copy trading, which, just as the name suggests, lets you mirror the trades of professional Solana meme coin traders.

For newcomers, this is a game-changer: it not only provides the chance to profit from live price action but also serves as a hands-on way to learn trading strategies by watching the pros call their shots in real time.

Understanding $SNORT’s Explode-Worthy Potential & Presale Hype

Now in presale, Snorter Token ($SNORT) has already raised over $3.38M from early investors, which is clear evidence of strong institutional interest in what could be the next crypto to explode.

Why? Because it’s perfectly positioned to ride the broader meme coin market’s explosive growth. For context, the meme coin segment has expanded more than 61% in the past year alone.

And all signs, both fundamental and technical, suggest this number will keep climbing as a full-fledged altcoin boom takes shape.

According to our Snorter Token price prediction, the crypto could surge nearly 800% in the months ahead, potentially hitting $0.94 by year-end.

The best part? You can still join $SNORT’s presale at just $0.1023 per token. Here’s a step-by-step guide on how to buy Snorter Token.

Moreover, holding $SNORT also unlocks an entirely new set of exclusive benefits, including:

• No daily sniping limits
• Advanced analytics
• Industry-lowest trading fees of just 0.85%
• Staking rewards, currently yielding 131%

For more details, check out $SNORT’s official website.

Disclaimer: Crypto investments are inherently risky due to the market’s volatility. Kindly do your own research before investing; this article is not financial advice.

Ethereum is once again in the spotlight after smashing through its previous all-time high, reaching $4,886 on Friday with an explosive 14% daily surge. This breakout underscores the strength of ETH’s ongoing bullish trend and highlights its growing dominance in the crypto market. While Bitcoin has been consolidating around familiar levels, Ethereum has become the focal point of institutional interest, with large players increasingly allocating capital to the asset.

Fundamentals remain robust, as both on-chain and market data confirm that Ethereum demand is accelerating. Institutions, funds, and whales are not only holding but also aggressively adding to their positions, signaling conviction in Ethereum’s long-term value. According to Arkham Intelligence, Tom Lee’s Bitmine has just bought $45 million worth of ETH, further cementing the narrative of large-scale accumulation. This move aligns with a broader trend of influential investors and organizations betting on Ethereum as the backbone of decentralized finance and the leading smart contract platform.

The combination of new highs, institutional adoption, and growing market confidence places Ethereum at the center of attention heading into the next phase of the cycle. Bulls now expect price discovery to unfold, potentially pushing ETH toward uncharted territory.

Institutional Accumulation Signals Bullish Upside

Ethereum’s rally is increasingly being fueled by deep-pocketed institutional players, with Arkham reporting that BitMine now holds $7 billion worth of ETH. This staggering position makes BitMine the largest corporate holder of Ethereum, with 1.518 million ETH under its control—equivalent to roughly 1.3% of the total supply. Far from slowing down, BitMine continues to accumulate, reinforcing the narrative that institutions see Ethereum as a cornerstone asset for the future of digital finance.

Close behind is SharpLink Gaming, the second-largest corporate holder, which has amassed 729,000 ETH valued at approximately $3.2 billion. Together, these two players represent a significant concentration of Ethereum in corporate treasuries, underscoring the scale of institutional conviction. Analysts point out that such accumulation not only locks away massive amounts of ETH from circulation but also shifts market dynamics by tightening available supply.

When large entities consistently buy and hold, it often signals confidence in both the asset’s utility and long-term price appreciation. Many market participants view Ethereum’s latest breakout above its 2021 all-time high as only the beginning, with corporate demand providing a strong foundation for further gains. If this pace of accumulation continues, Ethereum could be entering the kind of supercycle many investors have long anticipated.

Weekly Outlook: Key Resistance In Play

Ethereum’s weekly chart shows a powerful rebound that has carried the asset to new highs not seen since late 2021. After finding strong support near the $2,400 region earlier this year, ETH has staged a decisive rally, surging past its long-term moving averages (50, 100, and 200-week SMAs) and breaking through resistance levels that previously capped momentum. This breakout has culminated in a fresh push toward $4,779, putting Ethereum firmly back into price discovery territory.

The structure of the chart highlights how bulls have regained control. ETH has posted consecutive bullish candles, with strong buying momentum following institutional accumulation trends reported on-chain. The alignment of the moving averages — with the 50-week SMA turning upward above the 100 and 200-week SMAs — signals a strengthening long-term bullish trend.

However, the rapid pace of this climb also raises the risk of short-term exhaustion. ETH is now trading near historically significant resistance levels that align with prior cycle peaks, which could spark profit-taking among traders. If a retracement occurs, $4,300 and $3,800 emerge as key support zones to watch.

Featured image from Dall-E, chart from TradingView

Crypto lawyer and former Republican senatorial candidate for Massachusetts, John Deaton, has publicly lauded Ethereum (ETH) price growth’s potential, tipping the altcoin for sizable short-term gains. The XRP enthusiast is predicting ETH to hit a $10,000 price valuation in the present market cycle, citing strong institutional inflows and strategic accumulation by Ethereum treasury firms as key bullish catalysts.

Ethereum To Ride On Treasury Accumulation And ETF Inflows – Deaton

Notably, Deaton’s vote of confidence in Ethereum came in response to an X post by ETF analyst Nate Geraci, who highlighted a notable capital rotation trend between Bitcoin and Ethereum exchange-traded funds (ETFs). According to Geraci, spot ETH ETFs recorded $340 million in inflows on Friday, contributing to $2.8 billion in net inflows in August alone. In contrast, Bitcoin ETFs saw $1.2 billion in outflows during the same period. Since the beginning of July, spot ETH ETFs have attracted $8.2 billion in inflows, compared with $4.8 billion for Bitcoin ETFs.

Deaton explains that these flows underscore Ethereum’s strengthening investment case, echoing commentary from Tom Lee, Chief Investment Officer at Fundstrat and Chairman of Bitmine ($BMNR), an ETH treasury company. Lee has previously backed ETH’s potential for mainstream adoption, citing stablecoins’ potential to create a “ChatGPT moment” as seen with generative AI, especially following recent policy developments like the GENUIS Act.

Spot eth ETFs w/ $340mil inflows yesterday…

So far in August:

Spot eth ETFs = $2.8bil inflows

Spot btc ETFs = $1.2bil *outflows*

Since beginning of July:

Spot eth ETFs = $8.2bil inflows

Spot btc ETFs = $4.8bil inflows

Notable recent shift.

— Nate Geraci (@NateGeraci) August 23, 2025

Meanwhile, John Deaton also noted the broader trend of Ethereum treasury companies actively accumulating ETH. This includes firms led by industry figures, including Lee (Bitmine), Joseph Lubin (Sharplink), and Andrew Keys (Ether Machine). Deaton suggested that the coordinated buildup of Ethereum reserves by these companies reflects a strategic bet on ETH’s central role in the evolving digital asset economy. While acknowledging Lee’s potential bias in his “stablecoin” commentary, being a stakeholder in the ETH market, Deaton emphasized that institutional and corporate accumulation patterns are hard to ignore.

The crypto lawyer said:

I don’t know if ETH can hit $20K or more this cycle, like some folks are suggesting, but with continued inflows, indicated below, coupled with @ethereumJoseph, @AK_EtherMachine, Tom Lee, and others, accumulating ETH for ETH Treasury Companies, $10K appears to be fairly foreseeable in ETH’s future.

ETH Price Overview

At press time, Ethereum trades at $4,775 following a 1.91% gain in the past day. However, the altcoin maintains a green performance on larger timeframes, reflecting gains of 7.28% and 23.98% on its weekly and monthly charts, respectively.  With a market cap of $576 billion, ETH continues to rank as the second largest cryptocurrency and 22nd largest asset in the world.

Naturally, with Bitcoin smashing new all-time highs twice in just the last two months, speculation is running wild over where the OG crypto could finish the year.

Of course, everyone with even a toe dipped in the crypto space seems to have an ‘insight.’ But when heavyweight investors like Eric Trump speak on Bitcoin, it’s worth paying attention.

At the Wyoming Blockchain Symposium, Trump predicted that Bitcoin could surge past $175K by year-end, on its way to over $1M in the next couple of years. ‘There’s no question,’ he said about his million-dollar call.

Keep reading to see what Eric Trump had to say about his lofty $BTC forecast, which other big-money player is backing Bitcoin’s rally, and how you can ride this wave by loading up on Bitcoin Hyper ($HYPER) – a new altcoin currently in presale.

Eric Trump, Scaramucci, and the Altcoin Poised to Ride Bitcoin’s Rally

Eric Trump’s self-proclaimed ‘Bitcoin Maxi’ stance stems from his strong belief in blockchain’s revolutionary potential.

He noted that blockchain technology and digital assets help fix major flaws in traditional finance, such as slow settlement processes and excessive scrutiny.

It’s also worth noting that Eric Trump was among the first major voices to yell ‘Buy the dips!!! $BTC $ETH’ back in early August, when Bitcoin dropped nearly 9% after hitting a fresh ATH of $123K.

And he’s not alone in making bold Bitcoin predictions.

Former White House Communications Director and SkyBridge Capital founder Anthony Scaramucci recently told CNBC that $BTC could finish the year anywhere between $180K and $200K.

His optimism comes down to one factor: surging institutional demand. “There’s more demand than issued supply of Bitcoin or the existing overall supply in the marketplace.”

To back this up with hard numbers, public companies alone have bought over 240K $BTC since April.

Even better, these corporate holdings haven’t budged for months, despite volatility, which is clear proof that long-term investors are unfazed by short-term swings and are betting big on Bitcoin’s future.

Here’s the kicker: if Bitcoin surges to $200K by year-end, that’s a solid 75% gain from current levels. Awesome? Absolutely!

But this is the wild world of crypto, where even a week-long rally can deliver life-changing returns, if you know which tokens to grab.

That’s why, to help you make the most of Bitcoin’s bull run, we’ve spotlighted a low-cap altcoin – Bitcoin Hyper ($HYPER) – that’s not just set to ride Bitcoin’s coattails but could even add fuel to the fire.

What Is Bitcoin Hyper?

$HYPER is building a new Layer 2 solution for Bitcoin designed to supercharge the network’s speed and programmability while slashing costs.

At the core of its masterplan is the integration of the Solana Virtual Machine (SVM), which, as the name suggests, will bring Solana-like performance to the Bitcoin blockchain.

Right now, Bitcoin is slow, expensive, and largely incompatible with Web3 applications. These limitations mean that while it’s an excellent investment vehicle, it offers little utility beyond that.

Bitcoin Hyper aims to change this, bringing Bitcoin closer to modern blockchain standards and unlocking real-world use cases.

With that vision, $HYPER is positioning itself as the next crypto ready to explode.

How Does Bitcoin Hyper Work?

$HYPER operates by first creating an SVM-powered Web3 environment, where users can access high-speed DeFi trading apps, NFT marketplaces, gaming dApps, lending and staking protocols, DAOs, governance systems, and more directly on Bitcoin.

Next, the new cryptocurrency project leverages a non-custodial, decentralized canonical bridge to convert your native (Layer 1) $BTC into wrapped (Layer 2) $BTC.

Put simply, the bridge locks your original Bitcoin tokens and mints an equivalent amount of ‘wrapped’ tokens for use on $HYPER’s Layer 2.

Buying $HYPER Could Make You 2,400%

According to our Bitcoin Hyper price prediction, the token could reach $0.32 by year-end – a potential 2,400% gain.

Want in? Buy $HYPER now while it’s still in presale. That’s because prices at some of their lowest-ever levels.

At present, 1 $HYPER will cost you just $0.012795, and the project has already raised more than $11.8M from early investors.

Even better, whales are piling in. In the last 12 hours alone, three major whale buys of $26K, $13K, and $13K have been recorded.

This is a clear signal that smart money is betting on $HYPER to be the next big breakout winner.

Visit Bitcoin Hyper’s official website for more information.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile, so kindly do your own research before investing.

US-based spot Ethereum ETFs (exchange-traded funds) had a really slow start—compared to their Bitcoin counterparts—following their trading debut more than a year ago. The performance of these ETH-linked investment products has experienced a positive turnaround in the past few months.

As expected, the exploits of the spot Ethereum ETFs have been significantly reflected in the price of ETH, which reached a new all-time high of $4,887 on Friday, August 22. Interestingly, the latest market data shows the ETH exchange-traded funds are currently outperforming their Bitcoin counterparts.

Spot Ether ETFs Register $8.2 Billion Inflows Since July

In a recent post on the X platform, the NovaDius Wealth Management President, Nate Geraci, revealed that spot Ethereum ETFs are enjoying more attention from investors than the Bitcoin exchange-traded funds. This observation comes as the ETH products continue to set new records with their performance over the past two months.

According to data provided by Geraci, the US-based Bitcoin ETFs have registered more than $1.2 billion in net outflows so far in the month of August. On the other hand, the Ethereum exchange-traded funds have posted more than $2.8 billion in total net inflows in the same period.

Geraci also highlighted that the ETH-linked investment products have attracted almost double the capital of the Bitcoin exchange-traded funds since the start of July. Data from the ETF expert shows that the Ethereum ETFs have added over $8.2 billion in capital, while the spot BTC funds have attracted $4.8 billion in the past two months.

Data from SoSoValue shows the spot ETH exchange-traded funds registered a daily net inflow of $337.63 million on Friday. This single-day performance marked the end of a negative streak, which saw almost $1 billion withdrawn from the Ethereum funds in the first four trading days of the past week.

Cumulatively, the spot Ethereum ETFs recorded a net outflow of nearly $579 million in the past week, the worst weekly performance by the funds since launch. This week’s action is in stark contrast to the previous week’s $2.85 billion record, the ETFs’ best weekly performance so far.

Ethereum Price At A Glance

As mentioned earlier, the price of ETH has been quite reflective of the positive sentiment surrounding the ETH ETF market. As of this writing, the Ethereum price stands at around $4,750, reflecting a mere 0.3% decline in the past 24 hours. According to data from CoinGecko, the second-largest cryptocurrency is up by nearly 8% in the last seven days.

Custodia CEO and key crypto figure Caitlin Long has questioned the readiness of traditional finance firms for their first-ever crypto winter. Speaking with CNBC on Friday at the Wyoming Blockchain Symposium 2025, Long emphasized that while Wall Street’s increasing involvement has fueled the current market cycle, its legacy systems and risk models may prove inadequate when the inevitable bear market returns.

Wall Street Titans May Not Be Ready For A Crypto Market Downturn –  Custodia Boss

In answering a question on the significance of institutional involvement in the crypto market, Long contrasted the early days of crypto, when retail investors and grassroots participants worked to expand decentralization and secure networks like Bitcoin and Ethereum, with today’s landscape dominated by institutional finance. According to the Custodia founder, the cycle is now largely driven by Wall Street titans who are building financial wrappers, derivatives, and corporate treasuries around digital assets.

Notably, institutional participation in crypto has hit record highs in recent years. The Spot Bitcoin ETFs, which launched early last year, have been TradFi’s biggest digital asset success, boasting $53.80 billion in cumulative inflows. Meanwhile, Spot Ethereum ETFs are beginning to gather momentum, registering $8.20 billion since the beginning of July alone.

While this influx has undoubtedly brought credibility and capital to the sector, Long warned that the traditional playbooks of these institutions are not suited to assets with finite supply, e.g, Bitcoin. The former Morgan Stanley executive and Custodia CEO said:

….They (TradFi) are perfectly comfortable taking more leverage than you would take with an asset of finite supply because they have all these mechanisms to bail them out in the event that supply for an asset becomes too tight. They have discount window. They have fault tolerances built into the securities system so that if the books don’t balance, it’s okay. They can always go the next day and get the shares from the market the next day.

By contrast, crypto operates in real time with no external buffers. Caitlin Long explains that this structural difference could leave TradFi firms exposed if they attempt to apply conventional leverage and hedging strategies to a market that behaves rather differently. Having witnessed multiple boom-and-bust cycles since 2012, the Custodia boss expressed certainty that another downturn will come despite the remarkable market growth in the present cycle, and questions whether traditional players will be able to withstand its impact.

Crypto Market Overview

At the time of writing, the total market crypto cap is valued at $3.95 trillion, following a minor 0.94% decline in the past day.

Arthur Hayes believes that Ethereum will push to $10,000 or even $20,000 this cycle, fueled by Donald Trump’s pro-crypto policies.

Hayes’ prediction came during an interview with Crypto Banter where he said that Ethereum breaking through its previous ATH could push it to $20,000 before the end of the cycle.

Once it’s broken through, you have a massive gap of air to the upside.

—Arthur Hayes, Crypto Banter interview

As Hayes explained, two major factors will fuel Ethereum’s next bull cycle: Trump’s pro-crypto legislation and the increase in institutional adoption.

The first signs of a bull move should become obvious this fall, as the GENIUS Act takes effect, which could push the best altcoins in frenzy mode.

Ethereum’s Marathon Fueled By Institutional Adoption Craze and Favorable Legislation

Trump’s GENIUS Act is the main catalyst behind Ethereum’s 2025 ATH of $4,880 reached yesterday, which may signal the beginning of the alt season.

The GENIUS Act seeks to bring clarity, security, and transparency into the cryptosphere by forcing stablecoin issuers to back their tokens with liquid assets like dollars and governmental bonds.

The Act also protects crypto enthusiasts against illicit activities and scams.

This is what drove the Department of Treasury to issue a Request for Comment on August 18, asking for the public’s opinion on how to tackle illicit activity in the crypto sphere.

This endeavor is part of the implementation process of the GENIUS Act and the comment section will remain open until October 17.

Institutional adoption is another strong case for Ethereum’s next bull cycle, given the accelerated rate at which public companies buy $ETH.

According to CoinGecko, almost 2.8M $ETH are already in public treasuries, making up for 2.31% of the total Ethereum supply. BitMine is the primary investor, with over 1.5M Ethereum, worth over $7.2B.

These factors potentially lay the foundation for a $20,000 Ethereum this cycle, which would kickstart the next alt season. If that happens, the best altcoins of 2025 might see massive gains.

Here are three that you should keep on your radar.

1. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Promising Faster and Cheaper Transactions

Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to change Bitcoin’s network performance.

Hyper’s Canonical Bridge is the link between Layer 2 and Bitcoin’s Layer 1 and is responsible for minting the users’ Bitcoins into the Hyper layer. The Bitcoins are then accessible for use on Layer 2 or can be withdrawn back to Layer 1 whenever necessary.

The Canonical Bridge’s role is to decongest Bitcoin’s native network, circumvent the 7-TPS native cap, and deliver near-instant finality.

Together with the Solana Virtual Machine (SVM), which enables the ultra-fast execution of smart contracts, the Canonical Bridge brings Bitcoin’s performance to modern standards, with high throughput and Solana-level scalability.

If you want to invest in the $HYPER presale, now’s the perfect time. The presale has raised almost $11.8M so far and it promises to push $HYPER into wealth-building territory.

Based on the project’s utility, our analysts’s price prediction for $HYPER considers a price point of $1.50 by 2030 which translates to a growth of 11,623% based on today’s price of $0.012795.

Check how to buy $HYPER right now and buy your tokens while Bitcoin Hyper is still in the presale phase.

2. Snorter Token ($SNORT) – The Telegram Bot That Turns Coin Hunting Profitable

Snorter Token ($SNORT) fuels the Snorter Bot, the ravenous Aardvark whose sole mission is to detect and snipe hot tokens on the blockchain.

The Bot finally turns coin hunting profitable thanks to its accuracy and timing, being able to snipe the target tokens in milliseconds after liquidity becomes available. This makes Snorter Bot more effective and reliable even than standard pro UIs like Raydium and Jupiter.

You also no longer need to juggle multiple wallets and browser extensions, because Snorter Bot does it all from its Telegram chat.

And no more watching over your shoulder for scams like honeypots or rug pulls, as the Aardvark’s native scam detectors highlight any suspicious project.

Snorter Token is the $3.3M presale that’s pushing $SNORT into mainstream adoption. Given Snorter Token’s utility, our analysts price prediction for $SNORT is $0.94 by the end of 2025. This is an 818% return rate based on the token’s current presale price of $0.1023.

If you want to invest, read our ‘How to buy $SNORT’ guide and secure your place at the table before the project goes public.

3. Altura ($ALU) – The Perfect Toolset for Game Devs

Altura ($ALU) is one of the most comprehensive toolsets for game developers, offering a multitude of end-to-end solutions designed to streamline the development process.

Aside from tools like Java, Typescript, and Unity SDK, Altura also offers Altura API, which allows you to ‘manage all user, item, token, and collection data, including the developer wallet, and even Smart NFTs’.

The platform also offers you the opportunity to launch your own marketplace on any chain in minutes via Altura’s native dashboard.

$ALU went public in 2021 and went through two peaks so far, with the first one pumping the token by up to 4,839%.

$ALU is now trading at $0.06669 and it’s pumping again, currently up 87% over the last 24 hours and a 24-hour trading volume 160% into the green. Given the 93% positive community sentiment, this may be your buy signal.

Go to your favorite exchange and buy your $ALU while it’s hot. However, don’t forget to visit the official website first to learn more about the project before investing.

Will Ethereum Reach $20,000?

Based on the current legislative support and the growing institutional interest, it’s not impossible that Ethereum could reach $20,000 by the end of the cycle?

Will it? Nobody can tell for sure.

What we can tell for sure is that the next alt season is upon us, at which point we’ll see Ethereum enter a sustained bull phase, once it pushes through its past ATH.

When that happens, projects like Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) will see a massive influx of investors as well.

Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.

Американский инвестор и основатель компании Pomp Investments Энтони Помплиано (Anthony Pompliano) заявил, что исторические тенденции указывают на рост цены биткоина в сентябре. Курс первой криптовалюты продемонстрирует новый исторический максимум, убежден бизнесмен.

Сооснователь Эфириума Виталик Бутерин предложил способ усилить децентрализацию сети второй по капитализации криптовалюты и других блокчейнов.

В Иркутской области России сотрудники полиции и Росгвардии задержали четверых подозреваемых в краже майнингового оборудования. Стоимость устройств оценивается в более чем 5 млн рублей, сообщила официальный представитель МВД России Ирина Волк.

Интерпол и власти Анголы ликвидировали 25 нелегальных майнинговых ферм, управляемых гражданами Китая. Власти конфисковали оборудование и прочие активы на сумму около $100 млн.

Блокчейн-детектив ZachXBT рассказал о краже биткоинов, в результате которой инвестор потерял $91 млн в первой криптовалюте. Это крупнейшая кража с начала года, утверждает анонимный сыщик.

Руководитель отдела исследований цифровых активов банка Standard Chartered Джеффри Кендрик (Geoffrey Kendrick) заявил, что к концу 2028 года курс криптовалюты компании Ripple, XRP, может достигнуть $12 и продолжить рост.

Bitcoin may have established itself as the ultimate store of value, but Ethereum is quietly building the rails for the future of digital finance. This technological edge positions ETH not just as a competitor to BTC, but as the platform that could lead the next phase of the crypto revolution.

Many Developers Choose Ethereum Over Bitcoin

Bitcoin is powerful as a store of value, but Ethereum is where real technological innovation resides. According to BitDigital_BTBT’s post on X, Bitcoin can’t tokenize equities, issue stablecoins, or host complex decentralized applications, which is why companies like Robinhood are leaning on ETH to tokenize stocks. This is not a matter of preference, but because BTC simply lacks the capability.

The more developer activity that flows into ETH, the stronger and more resilient its network becomes. It is worth noting that this compounding effect is making waves, as some of the brightest engineers, builders, and innovators in crypto are zeroing in on ETH. 

Presently, institutions are following suit, and Blue-chip players from asset managers to fintech leaders are going all in on ETH because they recognize that it represents an infrastructure layer for the future of finance.

As companies are turning to ETH to tokenize stocks, crypto analyst BOB has revealed that liquid staking has hit a record of $86 billion in Total Value Locked (TVL) last week, a milestone that underscores the market’s growing interest in yield maximization. This shows only a tiny fraction of the contribution by BTC LSTs.

Currently, only 0.3% of the BTC supply is being used in DeFi, compared to Ethereum, where nearly 30% of its supply is staked and actively generating yield. This disparity represents an over 100x gap. At today’s prices, the analyst highlighted that this gap is equivalent to $750 billion opportunity for BTC. The infrastructure is only just emerging, and the new $86 million is just the warm-up.

Why Ethereum Matters Beyond Bitcoin

Ethereum just hit a new all-time high, its first in nearly four years, underscoring a renewed wave of momentum in the crypto markets. While being the second-largest cryptocurrency behind Bitcoin, analyst Holger Zschaepitz has noted that the growing adoption of stablecoins is fueling the ongoing ETH rally, the majority of which run on the Ethereum blockchain. This development is driving demand for network capacity and transaction fees.

Beyond its price action, Ethereum is now being considered as the backbone of the decentralized economy. With thousands of applications operating on its network, ETH has emerged as the crypto’s most important commercial platform and serves as the highway on which much of the emerging digital economy is built.

Trish Turner’s sudden exit from the IRS digital assets unit has sharpened attention on how the US will handle crypto tax enforcement going forward.

Based on reports, Turner stepped down roughly three months after taking the post, closing out a career that spanned more than 20 years at the agency.

What The Resignation Signals

According To LinkedIn posts and media reports, Turner said she looks forward to “continuing this mission from a new vantage point” and to building ties between industry and regulators.

Reports have disclosed she will join the crypto tax firm Crypto Tax Girl as tax director, a move confirmed by founder Laura Walter.

Bloomberg Tax first reported the hire. For industry players, the move is a reminder that public-sector know-how is in high demand in the private market.

Turnover At The Top

Turner follows two prior leaders who left the IRS crypto unit after roughly a year. Sulolit “Raj” Mukherjee and Seth Wilks both exited before Turner’s appointment in May.

That pattern raises questions about leadership continuity as Congress and oversight bodies push for clearer policy and improved enforcement.

On July 11, House committee leaders scheduled hearings aimed at creating a formal tax policy framework for digital assets. These hearings will test the IRS’s ability to keep up while staff and senior leaders change.

Political And Oversight Pressure

Several recent developments have fed the urgency around crypto tax work. On July 4, US President Donald Trump signed a joint resolution that rolled back a Biden-era rule requiring some DeFi protocols to report transactions to the IRS.

On April 11, the US Treasury Inspector General for Tax Administration urged reforms after finding failures in how IRS criminal investigators handled digital-asset cases.

And in March, the Department of Government Efficiency, or D.O.G.E. proposed cutting the IRS workforce by 20%, a plan that would reshape capacity across the agency.

Industry Reaction And Next Steps

Economist Timothy Peterson greeted Turner’s move with levity, saying, “Trish Turner left the Dark Side to become a Crypto Jedi Knight.”

The quip points to a wider trend: regulators are being recruited by private firms that need help navigating new tax rules and growing compliance demands.

IRS Director Trish Turner left the Dark Side to become a Crypto Jedi Knight. Also to make 10X what the IRS paid her. Bio listed within hours. Don’t hate on her. One less of them. One more of us. pic.twitter.com/AgzjXWn1I9

— Timothy Peterson (@nsquaredvalue) August 22, 2025

For taxpayers and companies, that means better access to specialist advice. For the IRS, it may mean a steeper challenge in keeping institutional knowledge inside the agency.

What Comes After Turner

Based on reports, Turner did not list a start date in her announcement. The IRS has not publicly detailed a replacement plan.

With hearings planned and inspector general recommendations on the table, the agency’s work on digital assets is unlikely to slow.

How quickly leadership is restored, and whether the IRS can retain senior talent, will matter to lawmakers and to the businesses that must follow evolving tax rules.

Featured image from Getty Images, chart from TradingView

In the latest development, an Illinois judge has granted a motion to pause proceedings in a lawsuit against US-based cryptocurrency exchange Coinbase. This decision would suspend further actions in the crypto company’s court case involving alleged violations of the state’s Biometric Information Privacy Act (BIPA).

How Another Case Could Decide The Outcome Of Coinbase Lawsuit

According to an August 21 filing in the US District Court for the Northern District of Illinois Eastern Division, Judge Sharon Johnson Coleman approved a motion submitted by Coinbase to stay a lawsuit accusing the exchange of violating the state’s Biometric Information Privacy Act. The motion asked the court to wait for a ruling from the US Court of Appeals for the Seventh Circuit on a similar case.

The Court of Appeals case involves Nuance Communications and Charles Schwab, with the intricacies around supplying voice identification technology forming the foundation of the legal battle. The decision from this particular lawsuit could set precedent for how BIPA affects financial service providers, including cryptocurrency exchanges.

The court document read:

[T]he Court finds that the stay would simplify the issues and streamline the trial […] reduce the burden of litigation on the Court and the parties […] [and] would not unduly prejudice or tactically disadvantage Plaintiffs.

The lawsuit, filed in May 2025 by a group of users, accused Coinbase of the “wholesale collection” of biometric data for its Know Your Customer (KYC) requirements without notifying the users, thereby violating the Illinois law. The plaintiffs also alleged that the crypto company inappropriately shared the faceprints with third-party verification providers. 

Under Illinois’ Biometric Information Privacy Act, private firms or organizations can face damages of up to $5,000 for each instance of reckless or intentional violation of the law and $1,000 per negligent violation of the BIPA. The plaintiffs also sought relief to cover their legal costs.

Coinbase Under Pressure From Data Security Breach

Due to a separate incident, Coinbase has been under scrutiny over the security of customer data. The crypto company revealed in May that a group of customer support contractors in India accessed account data for users in exchange for bribes.

While the customer contractors were eventually dismissed, the individuals behind the data breach tried to extort $20 million in Bitcoin from Coinbase. Ultimately, this incident has put Coinbase under pressure and called into question its process of handling personal user data.

The International Criminal Police Organization (Interpol) has successfully conducted a continent-wide cybercrime crackdown in Africa, targeted against illegal cryptocurrency mining operations, inheritance scams, and fraudulent investments. Coordinated under the code name Serengeti 2.0, the three-month operation ran from June to August 2025, leading to more than 1,200 arrests and the recovery of close to $100 million in stolen funds and confiscated assets.

Operation Serengeti 2.0

According to Interpol’s press release on August 22, investigators from 18 African countries, working alongside the United Kingdom and supported by private-sector partners, dismantled 11,432 malicious infrastructures linked to almost 88,000 victims  of targeted high-impact online crimes, including ransomware, scams, and business email compromise (BEC). Notably, law enforcement authorities in Angola shut down 25 illegal cryptocurrency mining sites operated by 60 Chinese nationals while also commandeering 45 unauthorized power stations feeding these operations. In addition, officers also confiscated IT and mining machinery worth over $37 million. Meanwhile, in Zambia, officials uncovered a massive crypto investment fraud with 65,000 victims and $300 million in total losses. The operation led to 15 arrests, alongside the seizure of domains, SIM cards, and bank accounts tied to the scam, which had promised investors sizable returns. Notably, another sting in Lusaka disrupted a suspected human-trafficking network, where 372 forged passports of seven countries were confiscated.

Interpol also reports that the Ivorian police dismantled a cross-border inheritance scam believed to originate in Germany. Unsuspecting victims were deceived to pay fees for fake inheritance claims, generating around $1.6 million in illicit gains. The primary suspect in this case has been detained while authorities seized cash, jewelry, and vehicles, among other valuables.

Commenting on the successful Serengeti 2.0 operation, Interpol’s Secretary General, Valdecy Urquiza, emphasized the importance of cooperation in amplifying results:

Urquiza said:

Each INTERPOL-coordinated operation builds on the last, deepening cooperation, increasing information sharing, and developing investigative skills across member countries. With more contributions and shared expertise, the results keep growing in scale and impact

Operation Serengeti 2.0 was conducted under the African Joint Operation Against Cybercrime with other participating nations, including Nigeria, Rwanda, South Africa, etc. Meanwhile, private partners of this operation are TRM Labs, Trend Micro, and Team Cypru, among others.

Related Reading: Coinbase’s US Training & Citizenship Rule To Thwart North Korean Threat Crypto Market Overview

At the time of writing, the global cryptocurrency market capitalization stands at $3.95 trillion, reflecting a 3.87% increase over the past 24 hours. Daily trading volume has climbed to $157.12 billion, signaling heightened activity across major tokens. Market leader Bitcoin is currently priced at $115,811, while Ethereum trades at $4,700, both maintaining strong momentum amid broader market gains.

 Featured image from Interpol, chart from Tradingview

According to the latest report, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this crypto-linked investment product.

What Changed In The Proposed Spot XRP ETFs?

On Friday, August 22, a slew of asset managers, including Grayscale, Bitwise, Canary, CoinShares, Franklin Templeton, 21Shares, and WisdomTree, filed amended S-1 statements for their proposed spot XRP ETFs. According to experts, this round of filings might be in response to the US SEC’s feedback on their original applications. 

Bloomberg ETF analyst James Seyffart said on X:

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from [the] SEC. Good sign, but also mostly expected.

Similarly, the ETF Store President, Nate Geraci, shared a similar sentiment, saying that it is very significant to see the various asset managers roll out their amended S-1 filings at once and on the same day. “Very good sign IMO [in my opinion],” Geraci wrote on X.

For a security or ETF to be listed on an exchange, it needs an S-1 filing, which provides a brief prospectus of the proposed security. Meanwhile, the S-1 form is amended as material information changes regarding the structure of the exchange-traded fund.

Hence, it is no surprise to see some changes in the structure of proposed spot XRP ETFs. For instance, the amended S-1 filing appears to switch the exchange-traded products from simply cash creations and redemptions to allow for XRP or cash creations and cash or in-kind redemptions.

It is worth mentioning that BlackRock, the world’s largest asset management firm and manager of the largest spot Bitcoin and Ethereum exchange-traded fund, has still not made a move to join the race for the spot XRP ETFs. As reported by Bitcoinist, the trillion-dollar asset manager revealed earlier in August that it has no intentions to launch an XRP fund.

XRP Price At A Glance

Following a torrid start to the week, the XRP token fell beneath the $3 mark to as low as $2.8 on Friday. However, the altcoin jumped back above $3 on the back of the news of the complete dismissal of Ripple’s lawsuit and Federal Reserve Chairman Jerome Powell’s speech. As of this writing, the XRP token is valued at around $3.01, reflecting an over 5% price jump in the past 24 hours.