ETH Takes the Lead as Both Assets Build on Wednesday's GainsEthereum ($ETH) posted a 15.38% gain, outpacing Bitcoin ($BTC) as both cryptocurrencies extended a sharp rally that began on Wednesday. $ETH traded at $2,206.65, giving it a market cap of $266.3 billion. Its 24-hour trading volume surged 205.28% to $21.15 billion, a sign of strong participation behind the move.
$BTC rose 6.98% to $69,074.87, with volume up 101.65% to $38.77 billion. Both volume figures reflected a significant pickup in market activity, with $ETH's volume more than tripling on the day.
The scale of the moves is easier to appreciate when set against where prices stood 24 hours earlier. Ether was trading near $1,913 and Bitcoin near $64,620 before the rally took hold. Yahoo Finance data shows Bitcoin opened at $64,602.32 and Ethereum at $1,906.96 earlier in the week, consistent with those prior levels.
Ether Extends Its Seven-Day Lead Over BitcoinThe outperformance is not limited to a single session. Over the past seven days, $ETH is up 17.24% compared to 8.94% for $BTC, a gap that underlines a shift in near-term momentum toward Ethereum.
Institutional demand has played a role, with spot Ether ETFs recording notable inflows and short covering adding to the advance. The move also builds on a broader recovery sparked by a weaker-than-expected jobs report, which cooled expectations for further interest rate increases, a dynamic that tends to favour risk assets like $ETH.
Separately, Bitcoin and Ethereum prices have also responded positively to the SEC's announcement of proposed crypto regulation, which includes a framework for crypto companies to raise capital and defines two registration requirement exemptions for crypto-related investment contracts, steps that would benefit mature networks like both assets.
U.S. spot Ether ETFs collectively hold about $13.7 billion in assets under management , providing an institutional base that has helped support $ETH through recent volatility.
Sources:
Yahoo Finance: Bitcoin and Ethereum prices today, August 19, 2026
TheStreet: Ethereum price today, August 12, 2026
Japanese and South Korean stock indexes opened higher, with South Korea’s KOSPI index rising 3.2% at the open.
According to Bitget market data, the Nikkei 225 index opened 461.11 points higher on Thursday, August 20, with a 0.71% gain to 65,787.53 points. South Korea’s KOSPI index opened 3.2% higher, with SK Hynix surging over 7% and Samsung Electronics climbing more than 3%.
4 minutes ago
Linera claims it aims to become the 'next Hyperliquid' and will promote the LNRA token sale.
New public blockchain Linera, founded by former Libra employees, announced today that it aims to become the "next Hyperliquid" and teased an upcoming LNRA token sale. Linera said it is following Hyperliquid’s playbook: building its own dedicated chain, focusing on consumer products, operating with a small team, generating real revenue first, and prioritizing user rewards. Its core product is a real-time prediction market at app.linera.xyz, which can launch, operate, and settle within one minute. The project uses a parallel microchains architecture, supporting thousands of small markets to run simultaneously, with final confirmation times typically under one second—solving congestion and high fees that plague general-purpose blockchains in real-time use cases. All markets operate on a pure player-versus-player (PvP) model, with no house and no external market makers required. The core team numbers just five members. Users who earn badges by engaging with the product will get priority access to an exclusive subscription pool for the LNRA sale. Detailed sale information will be announced at a later date.
4 minutes ago
US CFTC Seeks Public Comment on AI Computing Power Futures
As industry giants begin to accept compute power as a tradable asset, the U.S. Commodity Futures Trading Commission (CFTC) is seeking public comments on compute power futures contracts. Multiple exchanges, including CME Group (CME), Intercontinental Exchange (ICE), and emerging fintech firm Architect Financial Technologies, have announced plans to launch such contracts once regulatory approval is secured. These exchanges argue that establishing a compute power futures market would help end-users and speculators hedge against risks like energy shortages or other issues that could hinder technological progress for AI developers. CFTC Chair Michael Selig said in a Wednesday statement: "Without a robust compute power derivatives market, the U.S. cannot win the AI race. This public comment period is the first step toward establishing clear rules for the U.S. compute power market." One of the issues covered in the CFTC’s public comment process is how compute power futures differ from other derivatives or underlying commodities already regulated by the agency. If compute power futures are permitted to list on CFTC-regulated exchanges, further standardization of variables affecting compute power prices may be required, including price indices used for settlement reference and other related factors.
4 minutes ago
U.S. stocks: The three major indexes closed higher this morning, Moderna surged 177%, and crypto-related stocks rallied sharply.
According to market data from BIT (Bit.com), U.S. stocks closed on Wednesday: the Dow Jones Industrial Average initially rose 0.22%, the S&P 500 gained 0.21%, and the Nasdaq advanced 0.16%. Moderna (MRNA.O) surged 176.9%, while Merck (MRK.N) climbed 12.6%. Moderna and Merck announced that their jointly developed personalized mRNA cancer vaccine intismeran autogene (formerly mRNA-4157/V940), in combination with Merck’s immunotherapy drug Keytruda (pembrolizumab), met both the primary endpoint and key secondary endpoints in the Phase III clinical trial (INTerpath-001) for patients with high-risk melanoma (skin cancer). Marvell Technology (MRVL.O) rose over 9.8%, SK Hynix (SKHY.O) gained 0.35%, SanDisk (SNDK.O) fell 3.5%, and Micron Technology (MU.O) dropped 0.39%. In terms of crypto-related stocks: Strategy’s share price rose 11.95% to $103.58, having surged more than 13% intraday; Coinbase climbed 9.05% to $159.47; stablecoin issuer Circle increased 9.44% to $78.50; and Ethereum reserve firm BitMine gained 9.68% to $20.05.
4 minutes ago
Key takeaways from Trump’s crypto-friendly remarks: He disclosed that the U.S. government has discussed accumulating a "significant amount" of Bitcoin, vowed to end the "war on crypto" entirely, and urged the prompt passage of the Genius Act.
U.S. President Donald Trump met with executives from crypto and fintech firms including Coinbase, Ripple, Robinhood, Gemini, and Chainlink at the White House’s Roosevelt Room on Wednesday local time, delivering a speech in support of cryptocurrencies. Trump said his administration has “completely ended the war on cryptocurrencies,” noting the industry is thriving, and the U.S. must retain its “undisputed leadership” in areas such as Bitcoin, cryptocurrencies, prediction markets, and artificial intelligence, while committing to becoming the “world’s crypto capital.” He added that the U.S. government has discussed accumulating “significant quantities” of Bitcoin and other cryptocurrencies, claiming crypto assets “have greatly eased pressure on the U.S. dollar.” Meanwhile, he urged Congress to pass a “fair version” of the Clarity Act (Digital Asset Market Clarity Act) promptly, arguing this would keep the U.S. ahead of China and other countries. Trump also noted that the SEC Chair is working to bring Hyperliquid to the U.S. market in a compliant manner, and highlighted policy achievements including the signed Genius Act (stablecoin legislation), strategic Bitcoin reserves, and the ban on central bank digital currencies (CBDCs).
4 minutes ago
Kalshi Seeks CFTC Approval for Copper Perpetual Futures, Prediction Market Platforms Accelerate Expansion Into Derivatives Sector
Prediction market platform Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) to launch copper price-linked perpetual futures contracts. According to an August 18 filing, the proposed COPPERPERP contract will track copper spot prices priced in U.S. dollars per pound, utilizing price data from blockchain data service provider Pyth Network. The contract will be cash-settled with no physical copper delivery involved. Unlike traditional futures, perpetual futures have no expiration date, enabling traders to hold positions long-term without rolling over, and maintain price alignment with the spot market via a periodic funding rate mechanism between long and short parties. This application signals Kalshi’s further expansion beyond the bounds of traditional event prediction markets into the commodities and financial derivatives space. Earlier this May, Kalshi secured CFTC approval to launch bitcoin perpetual futures. Additionally, the firm has recently submitted applications for stock index perpetual futures. Copper, a critical raw material for infrastructure including power grids, construction, electric vehicles, electronic devices, and AI data centers, is already widely traded on exchanges such as CME COMEX, London Metal Exchange (LME), and Shanghai Futures Exchange.
Tokenized equities have been a recurring promise in crypto for years, the idea being that anyone with a wallet should be able to buy fractional Apple shares at 2 a.m. on a Sunday. xStocks appears to be one of the first platforms to make that feel real, and the numbers are beginning to reflect it.
Since launching on the Solana blockchain on June 30, 2025, xStocks has accumulated an estimated $186 million in assets under management and processed more than $25 billion in cumulative transaction volume.
How xStocks actually works Each token on xStocks is backed 1:1 by a corresponding U.S. equity or ETF held in regulated custody. So when someone buys AAPLx, they are not buying a derivative or a synthetic approximation. They are buying a digital claim on a real Apple share sitting in a custodial account.
The tokens exist primarily as SPL tokens on Solana, which keeps transaction costs low and settlement fast. The platform now lists more than 100 tokenized stocks and ETFs, covering names like NVIDIA (NVDAx) alongside the broader index-style products retail investors tend to favor.
Traditional equity markets operate roughly six and a half hours a day, five days a week. xStocks trades around the clock, every day, and supports fractional ownership.
Because the tokens live natively on-chain, they can also participate in DeFi protocols. That means holders can theoretically use their tokenized Apple shares as collateral in a lending protocol or deploy them into liquidity pools.
The Ethereum outlier: STRCx Most of the xStocks ecosystem runs on Solana, but the platform’s single largest token by market capitalization lives somewhere else entirely. STRCx, which tracks the Strategy PP Variable stock, operates as an ERC-20 token on Ethereum and has reached a market cap of approximately $135 million.
Strategy, formerly known as MicroStrategy, is itself one of the most Bitcoin-correlated equities in traditional finance. Its stock tends to trade at a premium or discount to its Bitcoin holdings depending on market sentiment, which makes it an interesting instrument for crypto-native investors who want equity exposure without leaving the on-chain world.
What this signals for tokenized equities broadly The $25 billion in cumulative transaction volume is the number that deserves the most scrutiny. Volume can be inflated by wash trading or high-frequency activity that does not represent genuine economic interest. Without a detailed breakdown, it is not possible to assess how much of that reflects organic demand. What the $186 million AUM figure does is provide a harder anchor: that is capital sitting in tokenized positions, not just passing through.
Projects like Backed Finance and Ondo Finance have pursued similar territory, and traditional finance players including some major brokerages have explored on-chain equity wrappers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
20 August 2026 | 01:37 Ethereum surged 19.4% on the day to trade near $2,290, breaking out of its sub-$1,900 consolidation and moving above its 50-, 100- and 200-day simple moving averages.
The move also changed the daily technical map: $2,100 has shifted from resistance to the first level buyers need to defend. The bigger test now sits on the weekly chart, where ETH is approaching resistance it has yet to clear.
The daily breakout put $2,100 below price Before the rally, ETH had been trading between roughly $1,870 and $1,900. The daily 50-day and 100-day SMAs sat near $1,865, while the 200-day SMA stood at $2,000
Ethereum daily chart illustrating a rapid price increase that successfully reclaimed critical resistance levels. Price moved through each of those averages, reclaimed the 0.5 Fibonacci level at $1,985, and then crossed the 0.618 Fibonacci level at $2,100. ETH also traded above the 0.786 retracement at $2,260, though the daily candle was still open at the time of writing.
That leaves $2,100 as the first level buyers need to defend on a pullback. Below it sits a support band between $2,000 and $1,990, where the daily 200 SMA meets the 0.5 Fibonacci level. A deeper reversal might return attention to the $1,873-$1,900 area that capped ETH during the earlier consolidation.
The weekly chart puts $2,340-$2,400 in the way Bitfinexs weekly chart showed ETH near $2,290, below all three weekly moving averages: the 200-week SMA at $2,490, the 50-week SMA at $2,620 and the 100-week SMA at $2,760.
Ethereum weekly chart showing a decisive breakout from a prolonged downtrend. As we can see on the chart there is a a horizontal resistance area around $2,340-$2,400, where a descending trendline also meets price. A weekly close above that zone would leave the $2,470 daily Fibonacci level and the $2,490 weekly 200 SMA as the next concentrated resistance area.
Can ETH reach $2,500? ETH first needs to turn its breakout levels into confirmed support. A pullback that holds above $2,260 would show that the 0.786 Fibonacci level has changed from resistance into a base for another advance. The stronger confirmation comes from a weekly close above the $2,340-$2,400 resistance area.
The wider market also matters. ETH is moving alongside gains in Bitcoin, Solana and XRP, which gives the rally a broader risk-on backdrop instead of leaving Ethereum to push through resistance alone. That does not guarantee a continuation, but it reduces the risk that ETH is attempting a breakout while the rest of the market is weakening.
$2,500 will still be difficult. The $2,470 daily Fibonacci level and the $2,490 weekly 200 SMA sit only $20 apart, creating a narrow resistance cluster where the recent 19% advance can meet profit-taking. A move into that zone would not by itself confirm a larger weekly reversal; ETH would need to hold above it before the higher weekly averages at $2,620 and $2,760 become relevant.
What the chart needs to show next Ethereum Price Behaviour & Technical Readings
Price behaviour Technical reading Weekly close above $2,400 Would put $2,470–$2,490 resistance in play. Pullback holds above $2,260 Would keep ETH above the 0.786 Fibonacci level. Loss of $2,100 Would expose the $2,000–$1,990 support band. Loss of $1,990 Would reopen the $1,870–$1,900 consolidation area. The daily move has carried ETH above all three daily averages. The next proof point sits higher: whether the market can close above the weekly $2,340-$2,400 resistance zone without losing $2,100 on a pullback.
Source review: Daily levels are based on the Coinbase ETH/USD chart captured at 21:54 UTC on August 19, 2026. Weekly levels are based on the supplied Bitfinex ETH/USD chart captured at the same time. The charts use different exchanges, so nearby values are treated as zones rather than exact universal prices. The article is provided for informational purposes only and does not constitute investment advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Ethereum price today: $2,250Ethereum has rallied roughly 18%, triggering over $1.11 billion in liquidations.The rally follows the US Treasury doubling its debt buyback operations, coupled with President Trump's bullish crypto remarks.ETH has broken above all its immediate EMA barriers.Ethereum (ETH) has gained nearly 18% on Wednesday, sparking heavy short liquidations after weeks of sideways price action.
The top altcoin saw over $1.11 billion in liquidations over the past 24 hours, driven by $1.02 billion in short liquidations, according to Coinglass data. Nearly half of that figure came in under an hour.
The move aligns with that of the broader crypto market, where short liquidations have climbed above $2.49 billion, the highest recorded single-day short squeeze event in crypto market history.
The liquidations came after the US Treasury decided to double buyback operations for long-dated bonds to $4 billion, prompting a positive sentiment across risk assets.
Additionally, President Donald Trump noted in a meeting with tech executives at the White House that the US is ensuring it remains the "undisputed" leader in crypto. He added that the government is considering buying "sizable" amounts of Bitcoin (BTC) and other cryptocurrencies.
The President also referenced the Clarity Act, stating that Congress needs to pass the bill to keep the US ahead of China in crypto.
ETH on-chain cost basis could limit upsideAfter nearly a month of quietness, when ETH ranged roughly between $1,800 and $1,950, the top altcoin briefly flipped $2,300, its Realized Price, which represents investors' average on-chain cost basis.
ETH Realized Price. Source: CryptoQuantHistorically, this level has often acted as key resistance, as a few investors exert selling pressure as they near break-even prices after a long period of bearish conditions.
ETH often sees notable rallies after it overcomes this supply barrier and holds the Realized Price as support.
Meanwhile, markets often face a brief correction after such intense short squeezes. Historically, demand often cools after short sellers finish covering their positions. In addition, profit-taking from long investors looking to lock in gains can weigh on the market.
In such cases, strong spot demand across crypto-native venues and exchange-traded funds (ETFs) is needed to sustain bullish pressure.
Ethereum technical analysis: ETH surges above key EMAs, eyes $2,431On the daily chart, ETH is extending a strong bullish phase after breaking well above its key Exponential Moving Averages (EMAs). The 20-, 50-, and 100-day EMAs at $1,886 to $1,925 sit comfortably below price, suggesting a firmly supported uptrend.
Momentum is stretched, with the 14-day Relative Strength Index (RSI) near 82 and the Stochastic Oscillator (Stoch) above 87, suggesting overbought conditions that could slow the advance even as the broader bias remains upward.
On the downside, initial demand appears around $2,163, ahead of a firmer support cluster between the horizontal level at $1,961 and the EMA band in the $1,925 - $1,886 area, which should underpin corrective pullbacks. Deeper supports emerge at $1,809, $1,701 and $1,507 if profit-taking accelerates.
ETH/USDT daily chartOn the topside, the next notable resistance is the horizontal barrier at $2,431, where buyers may face a first serious test of the rally.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Japanese and South Korean stock indexes opened higher, with South Korea’s KOSPI index rising 3.2% at the open.
According to Bitget market data, the Nikkei 225 index opened 461.11 points higher on Thursday, August 20, with a 0.71% gain to 65,787.53 points. South Korea’s KOSPI index opened 3.2% higher, with SK Hynix surging over 7% and Samsung Electronics climbing more than 3%.
4 minutes ago
Linera claims it aims to become the 'next Hyperliquid' and will promote the LNRA token sale.
New public blockchain Linera, founded by former Libra employees, announced today that it aims to become the "next Hyperliquid" and teased an upcoming LNRA token sale. Linera said it is following Hyperliquid’s playbook: building its own dedicated chain, focusing on consumer products, operating with a small team, generating real revenue first, and prioritizing user rewards. Its core product is a real-time prediction market at app.linera.xyz, which can launch, operate, and settle within one minute. The project uses a parallel microchains architecture, supporting thousands of small markets to run simultaneously, with final confirmation times typically under one second—solving congestion and high fees that plague general-purpose blockchains in real-time use cases. All markets operate on a pure player-versus-player (PvP) model, with no house and no external market makers required. The core team numbers just five members. Users who earn badges by engaging with the product will get priority access to an exclusive subscription pool for the LNRA sale. Detailed sale information will be announced at a later date.
4 minutes ago
US CFTC Seeks Public Comment on AI Computing Power Futures
As industry giants begin to accept compute power as a tradable asset, the U.S. Commodity Futures Trading Commission (CFTC) is seeking public comments on compute power futures contracts. Multiple exchanges, including CME Group (CME), Intercontinental Exchange (ICE), and emerging fintech firm Architect Financial Technologies, have announced plans to launch such contracts once regulatory approval is secured. These exchanges argue that establishing a compute power futures market would help end-users and speculators hedge against risks like energy shortages or other issues that could hinder technological progress for AI developers. CFTC Chair Michael Selig said in a Wednesday statement: "Without a robust compute power derivatives market, the U.S. cannot win the AI race. This public comment period is the first step toward establishing clear rules for the U.S. compute power market." One of the issues covered in the CFTC’s public comment process is how compute power futures differ from other derivatives or underlying commodities already regulated by the agency. If compute power futures are permitted to list on CFTC-regulated exchanges, further standardization of variables affecting compute power prices may be required, including price indices used for settlement reference and other related factors.
4 minutes ago
Key takeaways from Trump’s crypto-friendly remarks: He disclosed that the U.S. government has discussed accumulating a "significant amount" of Bitcoin, vowed to end the "war on crypto" entirely, and urged the prompt passage of the Genius Act.
U.S. President Donald Trump met with executives from crypto and fintech firms including Coinbase, Ripple, Robinhood, Gemini, and Chainlink at the White House’s Roosevelt Room on Wednesday local time, delivering a speech in support of cryptocurrencies. Trump said his administration has “completely ended the war on cryptocurrencies,” noting the industry is thriving, and the U.S. must retain its “undisputed leadership” in areas such as Bitcoin, cryptocurrencies, prediction markets, and artificial intelligence, while committing to becoming the “world’s crypto capital.” He added that the U.S. government has discussed accumulating “significant quantities” of Bitcoin and other cryptocurrencies, claiming crypto assets “have greatly eased pressure on the U.S. dollar.” Meanwhile, he urged Congress to pass a “fair version” of the Clarity Act (Digital Asset Market Clarity Act) promptly, arguing this would keep the U.S. ahead of China and other countries. Trump also noted that the SEC Chair is working to bring Hyperliquid to the U.S. market in a compliant manner, and highlighted policy achievements including the signed Genius Act (stablecoin legislation), strategic Bitcoin reserves, and the ban on central bank digital currencies (CBDCs).
4 minutes ago
Kalshi Seeks CFTC Approval for Copper Perpetual Futures, Prediction Market Platforms Accelerate Expansion Into Derivatives Sector
Prediction market platform Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) to launch copper price-linked perpetual futures contracts. According to an August 18 filing, the proposed COPPERPERP contract will track copper spot prices priced in U.S. dollars per pound, utilizing price data from blockchain data service provider Pyth Network. The contract will be cash-settled with no physical copper delivery involved. Unlike traditional futures, perpetual futures have no expiration date, enabling traders to hold positions long-term without rolling over, and maintain price alignment with the spot market via a periodic funding rate mechanism between long and short parties. This application signals Kalshi’s further expansion beyond the bounds of traditional event prediction markets into the commodities and financial derivatives space. Earlier this May, Kalshi secured CFTC approval to launch bitcoin perpetual futures. Additionally, the firm has recently submitted applications for stock index perpetual futures. Copper, a critical raw material for infrastructure including power grids, construction, electric vehicles, electronic devices, and AI data centers, is already widely traded on exchanges such as CME COMEX, London Metal Exchange (LME), and Shanghai Futures Exchange.
4 minutes ago
Surge in Trump's Crypto Wealth Sparks Controversy; White House Meets Industry Giants to Push for Regulatory Reform
U.S. President Trump met with executives from crypto firms including Coinbase, Kraken, Ripple, and Chainlink at the White House on Wednesday, urging Congress to pass the CLARITY Act. However, the meeting also renewed outside scrutiny over Trump and his family’s massive wealth derived from the crypto industry. According to financial disclosure documents, Trump earned over $1.4 billion in 2025 from crypto-related businesses, including his personal token project, the family’s crypto venture World Liberty Financial (WLF), and stablecoin-related transactions. This income exceeds the total earnings from his traditional real estate and licensing businesses. During the White House meeting, Trump stated that the CLARITY Act would help the U.S. establish a clearer regulatory framework for digital assets and maintain its leadership in crypto innovation, calling the bill a "gateway to the next wave of innovation." However, while Trump advances crypto-friendly policies, his growing personal wealth has drawn scrutiny from Democratic lawmakers and some regulators. Critics argue there is a potential conflict of interest between the Trump family’s crypto business interests and the government’s rulemaking for the sector; the White House has denied the allegations, stating Trump’s policy goal is to position the U.S. as a global crypto hub. During the meeting, Trump also said U.S. regulators are working to bring decentralized perpetual contract trading platform Hyperliquid to the U.S. market in a "fully compliant" manner.
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Bitcoin (BTC) jumped 5.8% to levels above $69,500 on Wednesday, wiping out $1.23 billion in bets against it in one hour. Is the crypto bull market back?
The rally ran market-wide, with Ethereum (ETH) up 9% to $2,088, Solana (SOL) up 6.5%, and XRP (XRP) up 6.9%. One decision in Washington set it off.
Crypto Market Explodes Wednesday. Source: CoinGeckoA $4 Billion Signal From the US TreasuryThe US Treasury said it will double its buybacks of long-term government bonds to at least $4 billion per operation. In plain terms, the government stepped in as a buyer of its own debt.
The timing couldn’t be better for risk assets. The 30-year yield, the interest rate the US pays on its longest debt, had just hit 5.337%. That was its highest level since 2007. The Treasury buyback announcement knocked it back to 5.192%.
Markets read the move as proof that Treasury Secretary Scott Bessent is watching borrowing costs. When yields fall, bonds pay less, and money hunts for returns elsewhere. Bitcoin sits near the front of that line.
$1.2 trillion has been added to precious metals and crypto in the last 3 hours.
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it… pic.twitter.com/3P02115yc6
— Bull Theory (@BullTheoryio) August 19, 2026
Sentiment followed. The Crypto Fear and Greed Index moved to 46 on Wednesday, steadily approaching the neutral zone after sitting lower last week.
Crypto Fear and Greed Index. Source: Alternative.meHow $1.23 Billion in Short Bets Vanished in One HourTraders who bet on falling prices, known as shorts, paid dearly. Roughly $1.23 billion of those bets were closed out at a loss within an hour.
Across 24 hours, the billion-dollar short liquidations reached $1.57 billion and hit more than 114,000 traders. Three large wallets on Hyperliquid lost a combined $194 million alone.
Here is why that fuels a rally. When a short bet fails, the exchange buys the asset back at market price. Every forced buy pushes the price higher, which wipes out more shorts. The squeeze feeds itself.
Analyst Michaël van de Poppe argued that the Treasury decision changes the market’s trajectory.
“This is a great announcement and is a great trigger for the markets. #Bitcoin in a bull market, the likelihood of this has increased,” he shared in a post.
Follow us on X to get the latest news as it happens
The daily chart carries a warning in itself. Wednesday’s candle ran straight into a fair value gap (FVG), a zone the price crashed through in early June too fast for normal two-way trading. Think of it as a pothole the market skipped on the way down.
Price tends to revisit these zones to fill the imbalance before picking a direction. This gap sits between roughly $67,516 and $70,686. Bitcoin tagged it on Wednesday, reaching an intraday high of $69,500 as of this writing, before easing to $67,996 at press time.
Bitcoin Fair Value Gap (FVG). Source: TradingViewThe gap’s midline near $69,110, known as the mean threshold (ME), is the tiebreaker. A daily candle close above it would suggest the rally has further to run.
A rejection would mean the gap has done its job. The inefficiency is filled, and the broader downtrend could resume.
The volume profiles (black for bears and green for bulls) show where traders are positioned on the vertical axis. Based on the chart, more bulls than bears are waiting to interact with BTC price above the gap’s midline, lending credence to the need for the price to close above it.
Such a move could propagate further upside, with the Bitcoin price likely to reach $72,000, almost 6% above current levels.
However, with bears (black horizontal bars) still hovering below the mean threshold, price could remain subdued below $69,000.
Bull Market Signal or Temporary Swing?The skeptics have numbers too. Bitcoin’s price action still sits roughly 46% below its October 2025 record of $126,080.
Bitcoin Price Outlook. Source: BeInCrypto
“History suggests Bitcoin is approaching a resistance area it won’t be able to breach at this very moment in the market cycle,” analyst Rekt Capital cautioned, suggesting charts still favor sellers.
Borrowed money adds another worry. Bitcoin’s funding rate warning flashed this week after the metric hit a 20-month high. That means traders are paying steep fees to keep betting on higher prices.
Similar readings preceded past pullbacks. Analyst Benjamin Cowen still places Bitcoin’s cycle bottom 69 to 73 days away.
The bulls answer with demand. CryptoQuant data showed Bitcoin demand growing again on a 30-day basis for the first time in months. That suggests real buying, not just forced buying.
Spot and Futures Demand
“Spot and perpetual futures demand growth have both crossed back above zero on the 30-day sum. It is the first time in months that the two are positive at the same time.” – By @RugaResearch
Complete breakdown ⤵️https://t.co/SuCyK3B6mB
— CryptoQuant.com (@cryptoquant_com) August 19, 2026
The next test is clear. Traders want bulls to defend the $65,000 to $67,000 zone and close a daily candle above $69,110 on Wednesday.
Federal Reserve minutes from the July meeting, due today, could decide which side gets its answer first.
Kalshi Seeks CFTC Approval for Copper Perpetual Futures, Prediction Market Platforms Accelerate Expansion Into Derivatives Sector
Prediction market platform Kalshi has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) to launch copper price-linked perpetual futures contracts. According to an August 18 filing, the proposed COPPERPERP contract will track copper spot prices priced in U.S. dollars per pound, utilizing price data from blockchain data service provider Pyth Network. The contract will be cash-settled with no physical copper delivery involved. Unlike traditional futures, perpetual futures have no expiration date, enabling traders to hold positions long-term without rolling over, and maintain price alignment with the spot market via a periodic funding rate mechanism between long and short parties. This application signals Kalshi’s further expansion beyond the bounds of traditional event prediction markets into the commodities and financial derivatives space. Earlier this May, Kalshi secured CFTC approval to launch bitcoin perpetual futures. Additionally, the firm has recently submitted applications for stock index perpetual futures. Copper, a critical raw material for infrastructure including power grids, construction, electric vehicles, electronic devices, and AI data centers, is already widely traded on exchanges such as CME COMEX, London Metal Exchange (LME), and Shanghai Futures Exchange.
1 hours ago
Surge in Trump's Crypto Wealth Sparks Controversy; White House Meets Industry Giants to Push for Regulatory Reform
U.S. President Trump met with executives from crypto firms including Coinbase, Kraken, Ripple, and Chainlink at the White House on Wednesday, urging Congress to pass the CLARITY Act. However, the meeting also renewed outside scrutiny over Trump and his family’s massive wealth derived from the crypto industry. According to financial disclosure documents, Trump earned over $1.4 billion in 2025 from crypto-related businesses, including his personal token project, the family’s crypto venture World Liberty Financial (WLF), and stablecoin-related transactions. This income exceeds the total earnings from his traditional real estate and licensing businesses. During the White House meeting, Trump stated that the CLARITY Act would help the U.S. establish a clearer regulatory framework for digital assets and maintain its leadership in crypto innovation, calling the bill a "gateway to the next wave of innovation." However, while Trump advances crypto-friendly policies, his growing personal wealth has drawn scrutiny from Democratic lawmakers and some regulators. Critics argue there is a potential conflict of interest between the Trump family’s crypto business interests and the government’s rulemaking for the sector; the White House has denied the allegations, stating Trump’s policy goal is to position the U.S. as a global crypto hub. During the meeting, Trump also said U.S. regulators are working to bring decentralized perpetual contract trading platform Hyperliquid to the U.S. market in a "fully compliant" manner.
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Trump again criticizes the Federal Reserve's high interest rate policy, saying the US should bear lower financing costs.
US President Donald Trump once again criticized the Federal Reserve’s interest rate policy on Wednesday, stating that amid positive economic data, the central bank should not block interest rate cuts, and that the US should pay “much lower” interest rates. Trump said Federal Reserve Chair Kevin Warsh is “doing a good job,” but criticized the Federal Reserve Board for having “political factors,” noting that some members were appointed by Obama, Biden, and himself, and may support keeping rates high for political reasons. He added that in the past, improving economic data typically led to lower interest rates, but now “the better the data, the higher the rates instead.” Trump argued that interest rate cuts would not only boost economic growth, but also reduce financing pressure on the US’s nearly $40 trillion debt. However, the Federal Reserve has not raised rates since 2023, and launched a rate-cut cycle in the second half of 2025, cutting rates six times in total. The minutes of the Fed’s July meeting showed that most officials believe that if inflation fails to cool further, it may still be necessary to maintain high rates in the future. Trump also complained that US interest rates are higher than those of some overseas economies, citing Switzerland’s benchmark rate of around 0.5% as an example, calling the US’s current rate of about 3.5% “unreasonable.” On the same day, the US Treasury Department announced an expansion of its long-term Treasury bond repurchase operations, at least doubling the scale of its 10-year to 30-year Treasury bond repurchases from $2 billion per operation to $4 billion, to boost liquidity in the long-term bond market. Markets view the move as helpful in easing recent upward pressure on US Treasury yields.
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US crypto-related stocks surged collectively, with Strategy gaining nearly 12% and Coinbase rising 9%.
As Bitcoin approaches $70,000, crypto-related stocks notched their largest single-day gain since summer on Wednesday, with major players including Strategy (MSTR), Coinbase (COIN), Circle (CRCL), and BitMine (BMNR) rallying sharply. Bitcoin reserve firm Strategy’s stock rose 11.95% to $103.58, surging over 13% at one point during the session. Crypto exchange Coinbase gained 9.05% to $159.47; stablecoin issuer Circle climbed 9.44% to $78.50; and Ethereum reserve firm BitMine jumped 9.68% to $20.05. The rally was primarily driven by Bitcoin’s short-covering squeeze. As Bitcoin pushed toward $70,000, numerous bearish positions were forced to liquidate, leading to nearly $2 billion in crypto market liquidations over the past 24 hours. Additionally, the U.S. Treasury expanded its long-term Treasury repurchase operations, improving market liquidity expectations and spurring broad gains in risk assets. Stocks like Strategy and Coinbase were also boosted by short covering: both firms had previously ranked among Wall Street’s most heavily shorted stocks, and as share prices rebounded rapidly, some short sellers were forced to buy to close positions, further amplifying gains. Strategy currently holds around 840,000 Bitcoin, with its stock price highly correlated to BTC’s value. BitMine, meanwhile, holds approximately 5.82 million ETH, making it one of the publicly listed companies with the closest pure exposure to Ethereum. However, despite the sharp rebound, Strategy, Coinbase, and BitMine are still down year-to-date. The market is now closely watching whether Bitcoin can break through and hold the $70,000 resistance level to determine if this rally marks a trend reversal or a short-term short squeeze.
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HYPE surges more than 22% in 24 hours; Trump says US SEC Chair is pushing Hyperliquid to enter the U.S. in a compliant manner.
Per HTX market data, HYPE has jumped over 22% in the past 24 hours, currently trading at $71.94. On the news front, US President Donald Trump stated that SEC Chair is working to advance Hyperliquid’s entry into the US market. Trump noted that relevant efforts are ongoing, with the goal of enabling Hyperliquid to operate under the US regulatory framework. No specific implementation plan or timeline has been disclosed yet. Earlier, Hyperliquid representatives discussed digital asset regulatory issues with the US SEC Crypto Assets Working Group, covering Hyperliquid’s ecosystem, technical architecture, and market regulatory pathways.
1 hours ago
Trump: The "war" on cryptocurrencies has been completely ended, and the United States is leading the industry's development.
U.S. President Donald Trump said during a meeting with tech and innovation leaders at the White House that the U.S. has "completely ended its war on the crypto industry" and that the crypto market is developing rapidly. "The crypto industry is booming and performing extremely strongly—no one can stop it," he stated. He also noted that China aims to enter the crypto space and gain a leading position, but has not yet succeeded. Trump has repeatedly emphasized that the U.S. needs to maintain global leadership in emerging technologies such as Bitcoin, cryptocurrencies, and artificial intelligence, and push for the establishment of a clearer regulatory framework for digital assets. At a recent White House crypto industry meeting, Trump also urged Congress to pass the Clarity Act to set clearer regulatory rules for the digital asset market, saying the U.S. needs to use policy support to attract crypto companies to stay and develop domestically.
Hyperliquid, Ethereum, and Solana have all seen notable price increases, each rising by over 20% in the past 24 hours. Hyperliquid’s native token HYPE was around $72.19 with a 23.1% gain, while Ethereum’s ETH stood at approximately $1,921.93. Solana’s recent surge is attributed to ongoing developments within its network, rather than a single major market event. These price movements place all three assets among the strongest performers in the crypto top 100 for the day. Market participants appear to be showing significant interest, particularly in Solana, as its price momentum increases the likelihood of reaching higher targets in August.
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Key Takeaways The recent price surge in Solana suggests market participants are optimistic about its potential to reach higher price targets within August. Hyperliquid’s HYPE token rise is consistent with strong interest due to its token-burn and buyback mechanics. Ethereum’s steady price increase aligns with continued market confidence in its long-term utility and relevance. What to Watch Observers will be monitoring whether Solana can sustain its upward momentum, with potential catalysts including network upgrades and institutional interest. The focus will also be on any developments from the Solana Foundation and ecosystem leaders, particularly as they relate to technological upgrades and potential ETF approvals. Market participants may also keep an eye on macroeconomic factors that could influence broader market trends.
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Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.9% — — View market → September 1 2026 0.9% — — View market → September 1 2026 1.3% — — View market → September 1 2026 16.2% — — View market → September 1 2026 66.4% — — View market → September 1 2026 7% — — View market → September 1 2026 1.2% — — View market → September 1 2026 0.4% — — View market → September 1 2026 0.1% — — View market → September 1 2026 0.7% — — View market →
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Ethereum moved higher on Wednesday, displaying resilience after a lackluster start to the week. Prices traded in positive territory over the previous 24 hours, despite market data pointing to hesitation among larger investors and derivatives traders about initiating significant new positions.
Stability in major wallet holdingsLarge Ethereum wallets, which typically exert considerable influence over market dynamics, showed only minor portfolio adjustments. Net flows to and from cryptocurrency exchanges remained almost unchanged, reflecting limited decisive activity from both buyers and sellers.
US-based spot Ethereum Exchange-Traded Funds (ETFs) recorded improvements at the week’s outset, with Monday and Tuesday net inflows reaching $30.85 million and $71.47 million, respectively. This uptick in institutional purchases signaled some renewed interest, though broader American investor sentiment appeared to remain muted.
From a technical outlook, Ethereum’s price maintained a slightly bullish short-term stance, trading above its 20-day and 50-day Exponential Moving Averages (EMAs). However, the 100-day EMA and horizontal resistance at $1,961 continued to restrict further upward momentum.
Technical LevelValue ($)Market Implication20-day EMA1,870Immediate support50-day EMA1,889Immediate support100-day EMA1,961ResistanceHorizontal resistance1,961Obstacle for ralliesStructural resistance2,172Potential breakout targetHorizontal support1,809Downside protectionMajor downside level1,507Critical if selling acceleratesWhale activity shows limited accumulationEthereum wallets holding between 10,000 and 100,000 coins — typically referred to as whales — saw net inflows of about 10,000 ETH over the previous week. This modest increase suggests large investors are not making major new commitments.
Addresses containing between 100 and 1,000 ETH, as well as those with 1,000 to 10,000 ETH, together distributed roughly 50,000 ETH. The restrained movement across key wallet groups indicated that pivotal market players continue to exhibit caution.
Analysts note that strong accumulation by whales often supports lasting price recoveries, whereas persistent distribution can pressure prices lower. At present, whale activity appears neutral, failing to clearly favor buyers or sellers.
Recent ETF inflows point to a gradual return of institutional demand, but this level remains below the selling pressure observed during the first half of the year. Furthermore, whale accumulation remains subdued, tempering the impact of positive developments.
Mini dictionary: Exponential Moving Average (EMA), a technical analysis indicator that gives more weight to recent price data and is commonly used to identify market trends and support or resistance levels.
Key technical signals and potential scenariosEthereum’s four-hour trading chart on the ETH/USD pair has retained a bullish structure, despite the market’s recent consolidation. The Relative Strength Index (RSI) currently stands at 59, which indicates reasonable upward momentum while remaining below overbought levels.
The Stochastic Oscillator, a momentum indicator that compares a security’s closing price to its price range over a specific period, is near 73. While this suggests upside momentum, the reading is nearing what many analysts would consider a moderately overbought zone, possibly limiting the scope for further immediate gains unless new buyers enter the market.
Mini dictionary: Stochastic Oscillator, a technical indicator used to assess momentum by comparing a particular closing price with a range of prices over a certain period.
The first notable resistance for Ethereum lies at $1,961, coinciding with the 100-day EMA. A clear move above this level is viewed as a potential catalyst for a further rally, targeting the next structural resistance at $2,172. Should the upward trend extend, $2,431 could be the subsequent target for bulls.
Conversely, the 20-day and 50-day EMAs provide immediate support between $1,870 and $1,889. If prices close below this range, sentiment could deteriorate, exposing levels at $1,809 and, with heavier selling, possibly as low as $1,507.
Technical momentum remains constructive, but Ethereum’s next move likely depends on whether institutional inflows accelerate and large holders shift from a cautious stance to more aggressive accumulation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin’s (BTC) upside remains capped on Wednesday while the downside appears strongly supported above $64,000. The Crypto King’s early week rebound lost momentum near $65,000 as investors assessed the impact of geopolitical tensions in the Middle East.
Altcoins, including Ethereum (ETH) and Ripple (XRP), are broadly consolidating with ETH trading above $1,900 and XRP above $1.00. Rebounds are increasingly difficult to sustain, despite the tokens holding key support levels and sentiment improving.
Crypto market sentiment is currently embedded in the Fear territory of the Fear & Greed Index on Wednesday, up slightly from 41 the day before and 27 in the previous week. If this growth continues, risk-on sentiment could boost investor engagement and demand, raising the odds of an extended recovery.
Crypto Fear & Greed Index | Source: AlternativeBitcoin spot Exchange-Traded Funds (ETFs) extended a recently renewed bullish streak, with inflows totaling $189 million on Tuesday. This followed $298 million recorded on Monday, showing a reduced impact from rising US-Iran tensions.
Bitcoin ETF flows | Source: SoSoValueThe Memorandum of Understanding (MoU) both countries signed in June expired on Monday. Meanwhile, US President Donald Trump said on Tuesday that there are talks underway or scheduled with Iran.
Ethereum spot ETFs marked their second consecutive day of inflows on Tuesday with institutional investors depositing roughly $71 million, more than double Monday’s $31 million. Cumulative inflows ticked up slightly to $11.56 billion, from $11.48 billion over the same period.
Ethereum ETF flows | Source: SoSoValueAs for XRP, spot ETF inflows returned on Tuesday, amounting to nearly $6 million after two days of muted activity. According to SoSoValue, cumulative inflows average $1.52 billion, with net assets under management at $941 million.
XRP ETF flows | Source: SoSoValueTechnical analysis: Bitcoin lacks upside momentum Bitcoin trades above $64,000, but remains beneath a stack of key Exponential Moving Averages (EMAs), keeping the near-term tone capped and mildly bearish. The pair sits just under the 50-day EMA, while the 100-day and 200-day EMAs reinforce the overhead supply zone.
The spot price remains above the Bollinger middle band, now support at $63,889, with the Relative Strength Index (RSI) hovering around 52 on the daily chart and a slightly positive Moving Average Convergence Divergence (MACD) reading, which together hint at tentative buying interest but not enough to shift the broader topside constraints.
BTC/USDT daily chartImmediate resistance is defined by the 50-day EMA at $64,372. A decisive daily close above this level could open the way toward the upper Bollinger band near $65,337 and then the 100-day EMA at $66,366, with the 200-day EMA at $72,128 acting as a more distant bullish objective. On the downside, initial support lies at the 20-day Bollinger middle band at $63,889, ahead of stronger Bollinger support near $62,442. A deeper retreat would expose the rising trend-line support around $56,666, where medium-term dip-buying interest would be expected to re-emerge.
"Current holders remain reluctant to sell, while external investors remain reluctant to buy, leaving BTC virtually petrified over the summer. At the same time, leverage is gradually expanding, echoing the classic pattern where prolonged stability eventually breeds instability. The range may persist for a few more weeks, but the longer it does, the larger the eventual move is poised to be," K33 Research analysts said in a weekly report.
Altcoins technical outlook: Ethereum and XRP hold key supportEthereum trades above $1,900, with the pair capped below the 100-day EMA at $1,920 and the 200-day EMA at $2,109, maintaining a mildly bearish near-term bias despite holding above shorter-term supports. The 50-day EMA at $1,872 and the rising trendline support derived from prior lows around $1,885 both sit beneath the market, hinting at an underlying bid, while the RSI above 57 stays in neutral-positive territory. Meanwhile, the MACD indicator hovers just below the zero line with a flattening negative reading, suggesting waning downside momentum rather than a clean bullish shift.
ETH/USDT daily chartImmediate resistance sits at the 100-day EMA at $1,920, with a stronger barrier at the 200-day EMA near $2,109. Bulls would need a decisive daily close above the former to ease the current cap. On the downside, initial support is seen at the recent price pivot around $1,900, followed by the trendline floor near $1,885 and the 50-day EMA at $1,872, where a break lower would open the door to a deeper correction within the broader uptrend.
XRP, on the other hand, trades above $1.00, maintaining a bearish near-term bias as it holds below the 50-day, 100-day and 200-day EMA indicators. Momentum is modestly constructive, with the RSI Indicator recovering toward the 40 zone and the MACD edging up toward the zero line. Yet this only hints at waning downside pressure rather than a clear bullish shift while price remains capped by these overhead averages.
XRP/USDT daily chartInitial resistance lies at the downward resistance trendline break price near $1.06, followed by the 50-day EMA at $1.07 as a secondary cap. Further up, the 100-day EMA at $1.15 and the 200-day EMA at $1.34 define a broader bearish structure, and the pair would need to reclaim these levels to meaningfully challenge the prevailing downtrend.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
Ethereum price rose 3% to around $1,920 on Aug. 19, but weak trend strength and nearby liquidation clusters kept the recovery below $2,000.
Summary
Ethereum price gained 3% to $1,920 but remained below the $1,986 resistance level. 4-hour RSI reached 61 as the MACD moved further into positive territory. Liquidation liquidity is concentrated near $1,930, $1,950, $1,900, and $1,870. Analysts identified $1,850 and $2,000 as the key boundaries for Ethereum’s next move. According to data from crypto.news, Ethereum (ETH) price traded at $1,919 at the time of writing after reaching an intraday high of $1,930 on Binance. The latest gain extended a recovery that began near $1,870 on Aug. 17, although buyers have yet to challenge the psychological $2,000 level.
The price move came as the 4-hour chart showed improving momentum and the daily chart pointed to a weak but developing bullish bias. Large pools of leveraged positions above and below the current price could, however, keep ETH volatile within its recent range.
Ethereum price builds momentum above $1,900 Ethereum’s 4-hour chart shows that buyers regained control after the price spent several days moving sideways between approximately $1,875 and $1,900. ETH cleared the upper end of that range on Aug. 17 and has since formed a series of higher short-term lows.
Ethereum price 4-hour chart — Aug. 19 | Source: crypto.news The move returned ETH to the area it occupied before an Aug. 10 decline from around $1,930 to $1,875. Buyers have tested the $1,920–$1,930 region several times since early August, making it the first obstacle to a broader recovery.
Momentum readings favor buyers over the short term. The 4-hour relative strength index stood at 61.02, above its moving average of 59.68 and the neutral level of 50. The reading remains below the overbought threshold of 70, leaving room for further gains if demand holds.
The moving average convergence divergence indicator also produced a positive setup. Its MACD line reached 7.69, above the 6.19 signal line, while the histogram registered a positive reading of 1.50. The narrow histogram shows that bullish momentum is present but has not accelerated sharply.
Daily chart puts $1,986 between ETH and $2,000 The daily chart places Ethereum slightly above the 0.618 Fibonacci retracement level at $1,872.84. The retracement is drawn from the April high of $2,464.48 to the June low of $1,507.14.
Ethereum price daily chart — Aug. 19 | Source: crypto.news Holding above $1,873 would preserve the recovery structure and keep the 0.5 retracement at $1,985.81 in view. The latter level sits just below $2,000, creating a wider resistance zone that buyers must clear before the daily recovery can extend.
A confirmed move above $1,986 could bring the 0.382 retracement at $2,098.77 into focus. Further resistance appears at $2,237.55, although Ethereum would first need stronger trading momentum to support such an advance.
The daily Aroon indicator offers an early bullish signal, with Aroon Up at 42.86% and Aroon Down at 14.29%. The difference suggests that recent highs are exerting more influence than recent lows.
Trend strength remains the main weakness in the setup. The average directional index stood at 15.41, well below the 20–25 range normally associated with an established trend. A low ADX reading raises the risk that ETH will continue consolidating rather than immediately breaking above $2,000.
A decline below $1,873 would weaken the bullish case and expose the July consolidation area around $1,800. The next major Fibonacci support would sit at $1,712.01, although the nearer price structure provides possible support around $1,850.
Liquidation clusters surround Ethereum price CoinGlass’ three-day liquidation heatmap shows a dense concentration of leveraged positions immediately above Ethereum’s current price. The brightest overhead band lies near $1,930, while additional liquidity extends through roughly $1,940–$1,960.
Ethereum liquidation heatmap | Source: CoinGlass Price often gravitates toward areas containing heavily leveraged positions, but the heatmap does not determine which pool will be reached first. A push above $1,930 could force short positions to close and help ETH test the larger cluster around $1,950.
The downside also contains several liquidation pockets. One group sits near $1,900, followed by a broader and brighter concentration around $1,865–$1,880. Losing $1,900 could therefore expose ETH to a faster move toward the daily Fibonacci support at $1,873.
The distribution leaves Ethereum caught between two nearby liquidity zones. Clearing $1,930 would favor an attempt at $1,950 and then $1,986, while rejection could pull the price back toward $1,900.
Analysts watch Ethereum’s performance against Bitcoin Crypto analyst Michaël van de Poppe said Ethereum had delivered a strong bounce against Bitcoin and could move above 0.03205 BTC in the coming weeks. He added that the rebound made it less likely that ETH/BTC would return to his preferred area for opening a long position.
I don't think I'll be getting my area for a long on $ETH vs. $BTC.
This is a great bounce and honestly, I think we'll break up and get above 0.03205 in the coming weeks. pic.twitter.com/YEkzqHV444
— Michaël van de Poppe (@CryptoMichNL) August 19, 2026 A stronger ETH/BTC pair would indicate that Ethereum is outperforming Bitcoin rather than merely rising with the wider crypto market. Such a move could support the dollar pair if capital begins rotating from Bitcoin into larger altcoins.
Pseudonymous analyst Julian said Ethereum had not yet established a clear direction. He identified ETF demand, staking, Layer-2 activity, and on-chain use as factors that could support Ethereum if market liquidity and risk appetite recover.
For the price structure, Julian described a hold around $1,850 as constructive and a move back above $2,000 as a stronger sign that momentum is returning. His levels broadly match the charts, which show support between $1,850 and $1,873 and resistance between $1,986 and $2,000.
For US traders, the next directional move may also depend on whether capital returns to risk assets and whether regulated spot Ethereum funds attract stronger demand. Until ETH closes above $1,986–$2,000 with greater trend strength, its latest gain remains a recovery inside a wider range rather than a confirmed breakout.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The Ethereum Foundation’s Ecosystem Support Program has published its Q2 2026 allocation update, reporting total awards of $5,502,930.20 across projects connected to Ethereum protocol work, security, zero-knowledge research and developer tooling.
The Aug. 18 update describes the allocations as part of a continued focus on Ethereum resilience and capabilities. It does not present the figure as a token grant or a change to Ethereum’s protocol economics; it is an Ecosystem Support Program funding report.
Client and protocol work featured Among the listed efforts are work involving consensus clients, testing infrastructure, protocol security and research connected to the planned Glamsterdam upgrade. The report names projects tied to Lodestar, Lighthouse and Geth-related work, alongside formal-verification and cryptography initiatives.
The update also lists projects intended to improve client diversity and test tooling. Those areas are operationally important because Ethereum depends on multiple independent software implementations rather than one client codebase.
ZK, security and application tooling The allocation list includes several zero-knowledge proof initiatives, including work on block-proving infrastructure, zkVM research and verification tools. It also includes security-oriented projects such as smart-contract tooling and efforts to analyze execution and consensus-layer client risks.
Other entries cover application infrastructure, wallet work and open-source developer tools. The Foundation said the quarter’s funding supported builders strengthening the network, while individual project descriptions outline the stated purpose of each allocation.
What the report does and does not show The release provides an itemized funding snapshot rather than a forecast of protocol delivery dates or a guarantee that each project will reach production. Readers should distinguish between an allocation, a project’s stated scope and a completed implementation.
The full report includes the named projects and descriptions supplied by the Ethereum Foundation. It is the primary source for the total awarded figure and the Foundation’s characterization of the Q2 program.
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Ethereum is facing scrutiny in derivatives markets after blockchain analytics firm Arkham identified that the wallet pension-usdt.eth is holding a significant $85 million short position on ETH. This position, opened near $1,700, is experiencing growing unrealized losses as Ethereum’s price approaches $1,900.
Massive Ethereum Short Faces Rising LossesArkham reported that pension-usdt.eth has maintained this short position for over two months, with the entry price averaging about $1,700. As ETH has gained nearly $200 since the position was opened, the wallet now sits at an unrealized loss of approximately $9.8 million. This size of trade accentuates the risk of a short squeeze, as price gains can create pressure for the trader to close positions or add collateral.
Crypto analysts emphasized that unrealized losses do not directly signal liquidation risk, as continuation depends on the remaining collateral available to the trader and the agreed-upon liquidation threshold.
Even with the current losses, liquidation is not an immediate concern if the user has sufficient margin. Consequently, the pension-usdt.eth wallet serves as a barometer for overall market leverage, rather than an isolated indicator of a coming short squeeze.
Mini dictionary: Arkham is a blockchain intelligence platform specializing in tracking and analyzing wallet activity across multiple cryptocurrency networks, frequently cited for its on-chain investigations.
ETH Tests Key Resistance at $1,900Ethereum has hovered near $1,900, facing technical resistance at this psychological threshold. Observers highlighted that on August 18, cryptocurrency news sources reported ETH trading close to $1,905, underscoring $1,900 as a crucial price level in the current rally.
As ETH prices rise, the risk profile for the large short position shifts, increasing potential losses for the holder. Should ETH reverse, the trader could potentially reduce losses; however, sustained momentum might force changes to the position. Market participants have been closely monitoring whether this trade can withstand continued strength in ETH’s trend.
MetricOriginal Short EntryCurrent ETH PriceUnrealized P/LPotential LiquidationValue$1,700$1,900-$9.8 million$2,435 (estimated)ETF Activity and Institutional DemandThe large-scale short coincides with continued institutional interest in Ethereum through U.S.-listed spot ETFs. According to KuCoin, ETH exchange-traded funds saw net inflows of $49.6 million on August 7. This flow reflects ongoing demand for regulated ETH exposure among institutional investors.
ETF activity contributes to Ethereum’s liquidity and can compete with bearish futures positions, as both factors shape price movement and market sentiment.
While ETF inflows do not guarantee upward price action or shield individual traders from losses, the competition between these inflow channels and leveraged shorts adds complexity to the overall ETH landscape. Changes in ETF flows or derivatives positioning can amplify volatility as traders adjust risk.
Monitoring for Short LiquidationOn-chain analysis from HyperInsight indicated that pension-usdt.eth faces an estimated liquidation level at around $2,435 for the short position. This suggests there remains room for further price movement before forced closure becomes likely. Any sharp rally toward this level could trigger additional buying as positions are automatically closed to limit losses.
The situation with pension-usdt.eth underscores the role of leverage in crypto markets. As Ethereum gains or corrects, wallet-specific activity should be viewed as part of a broader set of signals. Market observers continue to assess spot price action, derivatives positions, and ETF flows to gauge overall direction, rather than drawing conclusions from individual high-profile trades.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto investors may be underestimating how large the industry’s next growth phase could become since market perception has failed to keep pace with reality, according to Bitwise’s Matt Hougan.
In his Aug. 18 weekly CIO memo, Bitwise’s Chief Investment Officer highlighted three mistakes investors are currently making.
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Hougan’s first argument is that investors continue to value decentralized applications such as Uniswap (CRYPTO: UNI), Hyperliquid as measured by Hyperliquid Strategies Inc (NASDAQ:PURR), Aave (CRYPTO: AAVE) and Chainlink (CRYPTO: LINK) as if they are confined to the roughly $2 trillion crypto market.
That could dramatically understate their eventual addressable market if stocks, bonds, real estate and other financial assets increasingly move on chain.
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Hougan pointed to roughly $150 trillion in global equities and $350 trillion in bonds, arguing that platforms currently associated with crypto trading and lending could eventually serve markets orders of magnitude larger.
He compared the mistake to viewing Amazon solely as an online bookstore during its early years.
“It’s widely accepted now that tokenization is going to eat every kind of asset you can imagine,” Hougan wrote. Investors have yet to fully incorporate that shift into valuations of the platforms facilitating those transactions.
Can Wall Street Crush Crypto Natives?Hougan’s second warning is against assuming TradFi giants will automatically dominate crypto-native businesses once they enter the market.
He cited stablecoins as one example.
Despite PayPal (NASDAQ:PYPL) launching its own stablecoin in 2023, Hougan said Tether (CRYPTO: USDT) and Circle (NYSE:CRCL) still control roughly 88% of the market, while PayPal holds around 1%.
The same dynamic has appeared elsewhere. Fidelity entered crypto custody years ago, yet Coinbase (NASDAQ:COIN) remains the largest U.S. crypto custodian.
Hougan argues crypto-native firms benefit from being focused entirely on the sector, moving faster and already having established users and trust.
There are exceptions. BlackRock (NYSE:BLK) has become the dominant player in spot Bitcoin ETFs.
TradFi firms tend to win with TradFi products, while crypto-native companies have remained surprisingly resilient in crypto-native markets.
Is AI The Trigger For 10x Blockchain Transactions?The third mistake, according to Hougan, is extrapolating future blockchain activity from today’s transaction volumes.
Tokenized equities could eventually trade 24 hours a day, seven days a week, compared with the roughly 33 hours per week available during traditional U.S. stock-market hours.
AI agents could magnify that shift further by continuously monitoring portfolios, executing trades and making payments without requiring humans to initiate every transaction.
Hougan said a 10x increase in stock transactions in such an environment would not be difficult to imagine, while 50x or even 100x growth could become possible.
That matters because many blockchains and decentralized applications generate revenue from transaction activity. Even if individual transaction fees decline, Hougan argues dramatically higher volumes could more than compensate.
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GnosisDAO approved a strategic shift from standalone Layer 1 to an Ethereum-settled rollup, unlocking about 350,000 GNO and ending treasury-funded staking rewards.
Gnosis Chain is transitioning from a standalone Layer 1 to an Ethereum-settled rollup and retiring its independent validator set, according to an announcement from Gnosis Chain and a proposal published on GnosisDAO's governance forum.
For GNO stakers, the approved direction would unlock roughly 350,000 GNO when the validator set is sunset and end the treasury-funded staking subsidy. For users and developers, xDAI would remain the gas token, while addresses, balances and contract state would continue without migration to a new chain.
The proposal's main technical promise is atomic access from Gnosis to Ethereum contracts and liquidity. But that synchronous composability will be one-directional at launch, with calls from Ethereum into Gnosis and broader cross-instance composability deferred to later development.
The change would make Gnosis Chain a Gnosis-operated instance of the Ethereum Economic Zone framework. The proposal says the network would produce blocks every two seconds, prove its state every Ethereum block and settle to Ethereum Layer 1.
The vote approved a strategic direction rather than a final technical design and requested no funding. Gnosis Ltd will initially operate a centralized composer that orders transactions, builds blocks and submits them for proving and settlement.
Proof-of-Stake Chain With Large Validator SetGnosis Chain began as xDai, a stablecoin-denominated Ethereum sidechain that GnosisDAO absorbed in a November 2021 merger, and switched to proof-of-stake in December 2022 in an upgrade modeled on Ethereum's Merge, with a deposit of one GNO per validator against Ethereum's 32 ETH.
The low threshold produced one of the largest validator sets in crypto, above 100,000 at the time of the merge, but not the fee revenue to pay for it. GIP-153 says fees cover "only a small fraction of even the minimal cost of security," leaving the DAO treasury to fund the rest through GNO issuance that dilutes non-stakers by about 2.3% a year, against sub-1% on Ethereum. The chain holds about $96.4 million in total value locked, according to DefiLlama.
The validator set was already contracting before the vote. GnosisDAO's July community summary put active validators at roughly 52,000, down from about 76,000 a month earlier, with approximately 295,000 GNO staked. GnosisDAO also cut Gnosis Ltd's annual funding to $15 million from a $30 million request in GIP-154, and in May approved a one-time, pro-rata treasury redemption in GIP-151 after tokenholders spent months arguing GNO traded below the DAO's net asset value.
Validator Security Gives Way to Ethereum SettlementGIP-153 says Ethereum validators will replace Gnosis Chain's validator set as the source of settlement security. Existing bridge validators are intended to move into a new role operating the instance's proof systems.
The proposal explicitly describes becoming less decentralized as a deliberate choice. It says a misbehaving composer would be able to delay or exclude transactions, although it could not forge state or reverse finalized history. A forced-inclusion route through Ethereum is listed as an option to evaluate later, not a launch feature.
The end of staking also leaves GNO's replacement economic role unfinished. The proposal intends to connect GNO to fee revenue from network activity, but does not select a mechanism. Fee sharing and buybacks are listed as possibilities for a later GIP after prover economics can be observed in production.
Full Composability Is a Later StepGnosis Chain said the transition would deliver “synchronous composability with mainnet,” something it said no existing Layer 2 offers. GIP-153 defines the initial capability more narrowly: a contract on Gnosis could call an Ethereum contract and use the result in the same atomic transaction, with the entire operation succeeding or reverting together.
At launch, composability would only run from Gnosis to Ethereum. An intents-based bridge is intended to cover the period before bidirectional and cross-instance calls become available.
The initial version would also use an interim proving setup, likely based on trusted execution environments, before moving to real-time zero-knowledge proving. The proposal targets the first Ethereum Economic Zone block for December 2026 or January 2027, with bidirectional composability and real-time proving expected during 2027.
Gnosis Chain is abandoning life as an independent Layer 1 blockchain. The network is converting into a zero-knowledge rollup settled on Ethereum, effectively handing its security responsibilities to Ethereum’s validator set and retiring its own consensus infrastructure in the process.
The decision, formalized through Gnosis Improvement Proposal 153, passed its Snapshot vote with 99.78% support and quorum met.
What’s actually changing Gnosis Chain currently operates its own Proof-of-Stake consensus layer, a validator set that grew to more than 100,000 nodes after the network’s PoS transition in December 2022. Under the new architecture, all of that infrastructure gets retired. Block production and sequencing shift to Ethereum validators, while Gnosis maintains its own execution environment.
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The practical details should feel familiar to anyone who’s used the chain. xDAI remains the gas token. Chain state and addresses carry over. EVM compatibility stays intact.
GIP-153 was proposed on July 22, 2026, with voting running from August 12 through August 19. The phased implementation is expected to begin late in 2026.
The 350,000 GNO unlock For GNO holders, the most immediate consequence is a significant token unlock. Approximately 350,000 GNO tokens are currently locked in the validator system, representing roughly 27% of the circulating supply. Once the independent validator set is retired, those tokens become available to stakers.
From sidechain to L1 to rollup Gnosis Chain’s identity has always been a bit fluid. It started life as the xDai Chain, a stablecoin-focused sidechain designed for cheap, fast payments denominated in DAI. Over time it evolved into a community-governed EVM Layer 1 with its own validator set and a broader ambition beyond simple payments.
Now it’s evolving again, this time into what it describes as a ZK rollup within the Ethereum Economic Zone. The EEZ concept represents an emerging framework for chains that want to maintain operational independence while settling on Ethereum and inheriting its security guarantees.
What this means for the rollup landscape The Gnosis transition represents something different from a new rollup launching from scratch. This is an established chain with existing users, applications, and liquidity deliberately choosing to collapse its security layer into Ethereum’s.
The synchronous composability angle also matters. As a rollup settled on Ethereum, Gnosis applications could potentially interact with Ethereum mainnet contracts more seamlessly than they can today.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Interstice Digital has launched a non-custodial cross-chain swap engine with FalconX that connects the Canton Network with Ethereum, Solana, and Robinhood Chain while using FalconX to supply liquidity.
Summary
Interstice Digital has launched a non-custodial swap engine connecting Canton with Ethereum, Solana and Robinhood Chain. FalconX is providing liquidity for cross-chain swaps without Interstice taking custody of user assets. The engine gives users a route between tokenized assets on Canton and liquidity across major public blockchains. Canton is already being used for tokenized Treasuries, stablecoin settlement and institutional collateral transactions. Interstice Digital said in an Aug. 18 announcement that the engine lets users swap assets across the four networks without the company taking custody of funds or executing transactions on their behalf. The company also said the product has been named a Featured App on Canton.
The system is designed to give users a route between tokenized assets issued or traded through Canton and liquidity available on public blockchain networks. FalconX, which provides digital asset prime brokerage services to institutional investors, is supplying liquidity for the engine.
Interstice Digital links Canton with three public-chain markets Under the new setup, Interstice is connecting Canton’s institution-focused infrastructure with Ethereum, Solana and Robinhood Chain, three networks that provide access to different parts of the digital asset market.
Interstice described Canton as a public, permissionless blockchain built for capital markets, with privacy and permissioning controls intended for regulated transactions. The network is used by financial institutions working with tokenized securities, collateral, and blockchain-based settlement.
For the public-chain side of the connection, Interstice cited the scale of the networks involved. The company said Robinhood has 28 million funded accounts and $369 billion in total platform assets, while Robinhood Chain reached 100 million transactions faster than any other EVM network.
Solana recorded 167 million monthly active addresses in April 2026 and handled $650 billion of stablecoin transaction volume in February, according to figures cited by Interstice. The company described Ethereum as the industry’s deepest developer ecosystem and noted that Robinhood Chain uses Ethereum technology as its base.
“We built the cross-chain swap engine to help connect Solana, Ethereum, and Robinhood Chain to the growing Canton ecosystem where over $9T in tokenized RWA flow monthly,” Interstice Digital CEO Janine Yorio said.
Interstice did not disclose which assets are supported at launch or provide transaction-volume figures for the engine. The company is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard.
FalconX supplies liquidity without Interstice holding user assets FalconX’s role centers on liquidity for swaps routed through the engine. Interstice said its non-custodial structure means it does not hold customer assets or act as the party executing transactions for users.
FalconX Head of Trading Strategy Hassan Bassiri said institutional demand for digital assets is increasing and argued that firms will need infrastructure capable of moving capital between different ecosystems.
“The cross-chain swap engine we’ve developed with Interstice Digital is exactly the kind of infrastructure this market needs,” Bassiri said, after describing cross-ecosystem capital movement as an important requirement for institutional firms.
Canton is also being used for live and trial transactions involving government securities, stablecoins and institutional collateral.
Earlier in August, four Mitsubishi UFJ Financial Group companies launched a proof of concept to test Japanese government bond repo transactions on Canton, as crypto.news reported on Aug. 13. MUFG, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and MUFG Bank are working with Digital Asset and Progmat on the project.
The participants plan to test automated processing and real-time settlement available around the clock. The trial forms part of Japan’s Financial Services Agency-backed Payment Innovation Project and includes work on whether blockchain infrastructure can improve funding and capital use in repo markets.
An earlier Japanese trial involving Japan Securities Clearing Corporation, Mizuho Financial Group, Nomura Holdings and Digital Asset tested whether rights linked to Japanese government bonds and updates to book-entry records could be handled through Canton while remaining within Japan’s existing legal framework.
Canton has expanded tokenized settlement activity Canton has also been used in transactions involving tokenized U.S. government securities. In July, Tradeweb said it executed an onchain U.S. Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time, according to the companies involved. Tradeweb described the transaction as the first real-time purchase and sale of a tokenized U.S. Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton.
Societe Generale, Digital Asset and Blockdaemon also participated in the transaction. Societe Generale has separately deployed euro- and dollar-denominated stablecoins on Canton for uses including tokenized collateral, repo financing and institutional settlement.
Payment companies are testing the network as well. Visa tested private stablecoin settlement using Brale’s SBC token on Canton in June and has since included Canton among the blockchains supported by its stablecoin settlement program. A July report on Visa’s program said the settlement pilot supported nine blockchains and had reached a $7 billion annualized run rate by March.
Visa joined Canton as a Super Validator in March before adding the network to its stablecoin settlement work. The company received approval for its validator application that month and later added Canton to its stablecoin settlement pilot.
Digital Asset has raised capital for Canton expansion Institutional funding has accompanied the increase in activity around the network. Digital Asset, the company behind Canton, raised $355 million in June in a round led by Andreessen Horowitz’s a16z crypto fund.
A16z crypto contributed $100 million to the round, while other participants included Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, HSBC, Optiver and the Abu Dhabi Investment Authority. Digital Asset said the capital would support partnerships, acquisitions and expansion of the Canton ecosystem.
The funding followed a $135 million strategic round involving Goldman Sachs, Citadel Securities, DTCC, BNP Paribas and Tradeweb Markets. Digital Asset has positioned Canton for financial applications that require transaction privacy while allowing different institutions and applications to coordinate settlement.
Canton’s use in government-bond markets has continued in Asia. The MUFG repo proof of concept is examining Japanese government bonds in short-term financing transactions, while a separate Progmat working group has been studying tokenized JGBs, stablecoin settlement, T+0 processing and 24-hour access.
S&P Dow Jones Indices and Kaiko have also placed the iBoxx U.S. Treasuries index on Canton through smart-contract infrastructure, according to the Aug. 13 MUFG report. The index project sits alongside other Canton-based work involving tokenized Treasury products and institutional collateral.
Interstice and FalconX Build a Bridge for Institutional AssetsInterstice Digital has launched a Cross-Chain Swap Engine in partnership with FalconX,
Why Canton and Why Now
The launch reflects a broader challenge facing the tokenized asset market. Yet fragmentation is already creating measurable inefficiency: The Interstice system is aimed at bridging Canton's institutional capital markets infrastructure with some of the largest pools of retail and digital asset liquidity, while giving users a way to move assets across ecosystems without relying on a custodial intermediary.
Sources:
CoinTelegraph: FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
Crypto Briefing: FalconX and Interstice connect Canton Network to Ethereum, Solana, and Robinhood Chain
RWA(.)io: State of RWA Tokenization 2026
Maya Protocol has undergone a halt after an attacker exploited 6 chained bugs to drain roughly $1.7 million from the decentralized liquidity protocol.
The pseudonymous co-founder, Aaluxx, disclosed the losses. Native token CACAO collapsed by 88% as the attacker converted the stolen supply into Bitcoin (BTC), Ethereum (ETH), and other assets across all Maya liquidity pools.
Maya Protocol Loses $1.7 Million in Latest HackThe attack involved a single transaction that bundled 23 separate instructions. This structure tricked the network into thinking a theft had occurred.
The protocol then tried to compensate for the pool it believed had been robbed. However, the payout had no upper limit, so the system credited about 49 million CACAO to a pool that held almost nothing.
The credit was never funded. Maya’s reserve held only 168,000 CACAO, so the transfer failed, leaving the inflated balance on the books.
The attacker deposited 100 CACAO into that pool, claimed 99.93% ownership, and withdrew 48.87 million CACAO. That is nearly half the token’s 100 million supply.
CACAO fell from $0.115 to $0.013 before recovering to around $0.032. The attacker sent 20.83 BTC, worth roughly $1.34 million, to a single Bitcoin address across about 10 blocks.
Founder Aaluxx Myth announced a global halt in the project on Discord and asked the attacker to return the funds.
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DeFi Hacks Keep Stacking Up in 2026DefiLlama has logged 219 hacks worth $1.26 billion so far in 2026. All of 2025 produced 146 incidents, even though the dollar total reached $2.71 billion.
August alone has produced 16 separate incidents. THORChain, the protocol Maya forked from, lost $10.7 million in May.
Recovery now depends on whether the attacker accepts the bounty offer. Aaluxx Myth also said the team will contact the arbitrage traders who absorbed the pool value.
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Binance published its 45th Proof of Reserves report using user balances recorded on Aug. 1, 2026. The snapshot showed customer Bitcoin holdings rising for another month, while Ethereum and Tether balances declined.
Summary
Binance users held approximately 657,000 BTC on August 1, increasing balances by 16,349 BTC monthly. User Ethereum balances fell 2.57% to approximately 3.98 million ETH in Binance’s latest reserve snapshot. USDT holdings declined by roughly 870 million tokens, reaching approximately 32.9 billion USDT across accounts. Binance reported 100.25% reserve ratios for both Bitcoin and Ethereum at the snapshot time, respectively. Proof of reserves verifies point-in-time backing but cannot replace a complete independent financial audit process. Users held approximately 657,000 BTC, up 2.55% from the July 1 snapshot. The increase amounted to 16,349 BTC, according to figures published through Binance’s reserve dashboard.
Ethereum balances moved in the opposite direction. Users held about 3.98 million ETH, down 2.57%, or 105,154 ETH. USDT balances also fell 2.57% to approximately 32.9 billion tokens, a decline of roughly 870 million USDT.
Binance released its 45th Proof of Reserves report, based on an August 1 snapshot. User BTC holdings stood at approximately 657,000 BTC, up 2.55% from the previous snapshot on July 1, an increase of 16,349 BTC. User ETH holdings stood at approximately 3.98 million ETH, down… pic.twitter.com/2G4GDZ77Hd
— Wu Blockchain (@WuBlockchain) August 19, 2026 Binance user Bitcoin balances rose for a third month The August snapshot continued a recent increase in customer Bitcoin balances. Binance users added 25,838 BTC during May and another 7,715 BTC during June.
As crypto.news previously reported, customer Bitcoin holdings had already increased in July even as ETH and USDT moved lower. The latest 16,349 BTC increase was more than twice the amount added during the previous reporting period.
The three monthly reports show users adding nearly 50,000 BTC between the May and August snapshots. However, that change does not establish that customers bought the same amount through Binance’s markets.
Reserve balances can rise through deposits from other exchanges, transfers from private wallets, purchases or movements between Binance products. The report does not separate those activities or identify the reasons behind individual balance changes.
Ethereum and USDT holdings extended their declines Ethereum balances fell for a second consecutive snapshot after rising sharply in the June report. Users held approximately 4.14 million ETH on June 1 before the total declined to around 4.08 million ETH in July and 3.98 million ETH in August.
The latest decrease of 105,154 ETH was larger than the 58,591 ETH reduction recorded one month earlier. The figures could reflect withdrawals, sales, transfers to staking services or movements into other assets. Binance’s snapshot does not determine which explanation applies.
USDT balances followed a similar pattern. Customer holdings stood near 34.3 billion USDT in June and about 33.7 billion USDT in July. The latest report placed the total near 32.9 billion USDT.
That represents three consecutive monthly reports showing lower USDT balances. Still, the decline does not prove that users converted stablecoins into Bitcoin. Funds could have moved into other stablecoins, external wallets or different trading venues.
A comparable balance pattern has appeared elsewhere. In related coverage, Bybit and OKX reported rising Bitcoin balances alongside lower USDT holdings in their recent snapshots.
Binance reports reserves above customer liabilities Binance reported reserve ratios of 100.25% for both BTC and ETH. A 100.25% ratio means the exchange reported holding approximately 1.0025 units in its reserve wallets for every unit attributed to users at the snapshot time.
USDT had a higher reported ratio of 103.62%. That ratio would place Binance’s corresponding USDT assets above the 32.9 billion tokens assigned to customers.
Binance says its Proof of Reserves system covers user assets on a 1:1 basis, with additional reserves. It uses Merkle trees and zero-knowledge proofs so customers can verify that their account balances were included without viewing other users’ information.
Customers can download the relevant verification data and compare their records with the published Merkle root. Binance also publishes wallet addresses associated with the assets included in its system.
No distinct BTC, ETH or USDT market movement could be reliably attributed to the reserve publication. The report measures customer and exchange balances rather than trading performance or directional demand.
Proof of reserves remains a limited snapshot Proof of reserves helps determine whether disclosed on-chain assets cover the user liabilities included in a report. It does not provide a continuous record because asset and customer balances can change immediately after the snapshot.
It also does not independently assess every corporate liability, internal control, loan or off-chain obligation. The process therefore differs from a full financial audit covering an organization’s wider balance sheet and operations.
A crypto.news guide explaining how reserve verification works and where it falls short notes that useful disclosures should include assets, customer liabilities, frequent updates and user-verifiable evidence.
Binance has not announced a fixed date for its 46th report. Its recent monthly schedule suggests the next snapshot could use balances recorded around Sept. 1, although the exchange has not confirmed that timing.
The next publication will show whether customer BTC balances continued rising and whether the declines in ETH and USDT holdings persisted. Any interpretation should remain limited to reported account balances rather than assumed buying or withdrawal behavior.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Key Takeaways Ethereum is currently trading within a narrow band between $1,898 and $1,910 A major whale purchased and staked 10,657 ETH, worth approximately $20M Spot Ethereum ETFs in the US recorded $30.85M in net inflows this Monday Critical resistance level identified at $1,920, with potential upside to $2,000 upon breakthrough On-chain indicators reveal muted exchange activity and limited enthusiasm from US-based investors Ethereum continues to hover around the $1,900 mark as market participants await a definitive price signal. The digital asset has remained range-bound over recent days, with neither bulls nor bears demonstrating significant commitment to push the price decisively in either direction.
Ethereum (ETH) Price Currently, ETH is changing hands at $1,898.65, commanding a market capitalization of $229.15 billion alongside a 24-hour trading volume of $6.83 million.
Notable whale movements have emerged as a focal point. Blockchain tracking platform Lookonchain identified wallet address 0x8447 acquiring an additional 5,000 ETH—valued at roughly $9.53 million—subsequently moving the entire position into staking. This transaction elevates their cumulative holdings to 10,657 ETH, representing approximately $20.07 million in total value.
The decision to stake these assets indicates a conviction-based position rather than preparation for imminent liquidation. This behavior typically reflects confidence in medium-to-long-term appreciation rather than opportunistic short-term positioning.
Market commentator Michaël van de Poppe observed that Ethereum continues to trade within a well-established range, exhibiting diminished momentum compared to Bitcoin’s recent price action. According to his assessment, a meaningful shift in overall market sentiment would likely serve as the catalyst required to break the current consolidation pattern.
Cryptocurrency analyst CryptosBatman shared similar observations on X, noting that Ethereum has been “compressing more and more each day” and that favorable market conditions could rapidly initiate a substantial upward movement.
Time is ticking for $ETH.
Ethereum has been compressing more and more each day.
All it takes is a good sentiment in the market, and we should see a strong breakout. pic.twitter.com/Rm0ALrPLOG
— BATMAN ⚡ (@CryptosBatman) August 18, 2026
Spot ETF Activity Strengthens United States-based spot Ethereum exchange-traded funds attracted $30.85 million in net inflows on Monday, based on figures from SoSoValue. This marks a reversal from the previous week’s modest $2.26 million in net outflows. Prior to that temporary withdrawal, these investment vehicles had experienced five consecutive weeks of positive net flows.
Institutional participation appears to be gradually increasing, albeit at a more measured rate compared to activity levels observed earlier this year.
The ETH Coinbase Premium Index has maintained negative readings throughout most of the current year. This persistent discount indicates that demand from American retail traders and institutional buyers remains below full recovery levels.
Source: CryptoQuant Critical Price Levels in Focus Examining the daily timeframe, Ethereum maintains support above both its 20-day and 50-day exponential moving averages, positioned between $1,870 and $1,889. The 14-day Relative Strength Index currently registers at 57, indicating moderately bullish momentum without approaching overbought conditions.
The 100-day exponential moving average represents the immediate overhead resistance zone, with $1,961 serving as an additional barrier. Successfully clearing the $1,920 threshold could establish momentum toward the psychologically significant $2,000 level.
According to Coinglass data, ETH experienced $17.4 million in position liquidations during the past 24 hours, with long positions accounting for $9.2 million of that total.
Support on the downside can be found near $1,809, with a more substantial floor positioned around $1,507 should deeper retracement occur.
Recent blockchain analytics reveal that whale cohorts controlling between 10,000 and 100,000 ETH accumulated only modest volumes—approximately 10,000 ETH—throughout the past week, while exchange net flows have remained essentially flat.
Ethereum (ETH) continues to consolidate within a defined price range as investors assess market momentum, with growing whale activity and increased staking suggesting ongoing interest from long-term holders. At the current time, ETH trades at $1,898.65, recording a 24-hour trading volume of $6.83 million and a market capitalization of $229.15 billion.
Whale accumulation and staking signal investor confidenceBlockchain data reveals that notable wallets are accumulating significant amounts of ETH. Lookonchain data shows that a prominent whale, identified by the address 0x8447, recently purchased an additional 5,000 ETH, valued at approximately $9.53 million. The same wallet has now accumulated a total of 10,657 ETH, worth about $20.07 million, and locked the entire holding into Ethereum’s staking mechanism.
This move indicates a long-term strategy, as staking rewards offer further incentives beyond simple price speculation. Staking typically involves participants locking up their ETH to help secure the Ethereum network and validate transactions, earning periodic rewards in return.
Mini dictionary: Staking, a process where cryptocurrency holders lock up their assets on a blockchain to support network operations such as transaction validation, while earning rewards proportional to their contribution.
For large-scale holders, or ‘whales,’ staking provides an additional yield without selling their coins, reflecting a preference for long-term network participation instead of short-term profit taking.
Price structure and technical outlookCrypto analyst Michaël van de Poppe observed that ETH remains less volatile than Bitcoin’s recent moves, reflecting cautious sentiment. The price has not broken above critical resistance, with $1,920 seen as a key technical level for traders.
A sustained move above $1,920 could trigger renewed bullish sentiment and open the way to the psychologically significant $2,000 mark. However, analysts emphasize that strong follow-through buying volume is needed to confirm any breakout. If Ethereum fails to clear the resistance, it may remain range-bound in the short term.
Despite bullish signals and increased whale staking, ETH’s technical structure suggests further accumulation and volume rise are needed for a decisive move above resistance.
While the price has stabilized over the past 24 hours, the market awaits confirmation of a potential trend change, closely tied to liquidity conditions and broader crypto market movements.
Market conditions and outlookDespite the growing optimism from accumulation and staking activity, general market conditions remain cautious. Broadly, traders await a catalyst either in the form of a Bitcoin rally or improved liquidity that could boost ETH’s price.
A successful breakout above $1,920 could prompt a rapid move towards $2,000, but without sustained buying and improved sentiment, Ethereum might continue trading within its current range. Analysts continue to monitor the impact of whale purchases and staking trends, which could influence the next major price move if accompanied by increased trading volume.
ETH Price LevelStatusPotential Impact$1,920ResistanceBreakout may lead to bullish reversal$2,000Psychological milestoneCould further improve market sentimentAnalysts believe that whale accumulation and staking are key indicators to watch, as both could set the stage for a shift in Ethereum’s trajectory if supported by broader positive market dynamics.
If buyers surpass the resistance level and positive momentum continues, Ethereum could leave its current trading range behind and approach $2,000.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum price today: $1,910Ethereum distribution across key wallet cohorts saw negligible changes even as exchange flows remain weak.ETH ETFs show signs of improvement, but overall US sentiment remains subdued.ETH is on the verge of breaking above the major 100-day EMA resistance.Ethereum (ETH) continued its consolidation pattern over the past week with several key on-chain and derivatives metrics indicating traders remain hesitant to return to the market.
The holdings across several wallet cohorts remained largely unchanged over the past week. Wallets holding 10K-100K ETH, also classified as whales, saw modest inflows of only 10K ETH. On the other hand, investors with a balance of 100-1K and 1K-10K ETH held steady with mild distributions of 50K ETH.
A similar move is evident in ETH exchange net flows, which measure the difference between coins flowing in and out of exchanges. After a slight rise earlier in the month, the metric posted a modest tilt below the zero line in the past week, indicating a lack of directional bias in the spot market.
ETH Exchange Net Flow. Source: CryptoQuantMeanwhile, US spot ETH exchange-traded funds (ETFs) continue to show improvements, bouncing back from a tiny $2.26 million outflow last week, with $30.85 million in net inflows on Monday, per SoSoValue data. Before last week's performance, the products recorded five straight weeks of net inflows.
The move shows institutions are gradually returning, but at a slower pace than the outflows seen in the first half of the year.
Still, the ETH Coinbase Premium Index, a measure of overall US sentiment, has hovered in negative territory for a majority of the year, suggesting US investors have yet to return. A move into positive territory may be needed for any sustained bullish move to materialize.
ETH Coinbase Premium Index. Source: CryptoQuantEthereum technical outlook: ETH on the verge of flipping 100-day EMA resistanceEthereum has seen $17.4 million in liquidations over the past 24 hours, led by $9.2 million in long liquidations, according to Coinglass data.
On the daily chart, ETH is maintaining a mildly bullish near-term bias as price holds above the 20- and 50-day Exponential Moving Averages (EMAs) clustered between roughly $1,889 and $1,870.
The 14-day Relative Strength Index (RSI) at 57 leans positive without signaling overbought conditions. At the same time, the Stochastic Oscillator (Stoch) near 73 suggests upside momentum is present but already stretching into moderately overbought territory, which could cap immediate follow-through if fresh buyers hesitate near nearby resistance.
On the topside, initial resistance is seen at the 100-day EMA followed by the horizontal barrier around $1,961. Further up is a higher structural cap near $2,172, with a more distant level at $2,431.
ETH/USDT daily chartOn the downside, the 20- and 50-day EMAs form immediate support, as ETH attempts to break above the tight EMA range. A deeper pullback would expose the next horizontal floors near $1,809 and $1,507.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitmine Immersion Technologies (NYSE: BMNR), chaired by Tom Lee, has expanded its Ethereum holdings to approximately 4.8% of the network’s circulating supply after another weekly purchase. The company reported acquiring an additional 9,926 ETH during the week ending around mid-August 2026.
This brought its total Ethereum position to roughly 5.815 million tokens.
Valued at about $1,893 to $1,904 per token at the time of the update, the stash was worth nearly $11 billion.
Relative to Ethereum’s circulating supply of around 120.7 million tokens, the position equates to 4.8%.
Bitmine has pursued a consistent accumulation approach since launching its Ethereum treasury strategy on June 30, 2025.
Over roughly 14 months of weekly purchases, it has advanced to 96% of its self-described “Alchemy of 5%” target—an ambition to control 5% of the total ETH supply.
The latest buy continued that uninterrupted cadence. Lee highlighted technical and fundamental signals supporting the strategy.
He noted that the ETH/BTC ratio had climbed above a multi-year downward trend, reaching levels near 0.02994 and continuing higher.
In his view, this shift suggests markets are beginning to factor in rising demand for Ethereum driven by tokenization initiatives and AI-agent applications running on the blockchain.
Lee also pointed to expected easing financial conditions as a broader positive for the crypto sector. Beyond simple accumulation,
Bitmine emphasizes productive use of its holdings.
As of the mid-August update, the company had staked about 5.067 million ETH—about 87% of its total position—valued near $9.6 billion.
Much of this is deployed through its Made in America Validator Network (MAVAN), an institutional staking platform.
Projected annualized staking revenues stood around $250 million based on recent yields near 2.61%, with higher potential figures if the full holdings are staked at scale.
The firm’s overall crypto, cash, marketable securities, and strategic investments totaled about $11.4 billion.
This included 210 bitcoin, a $180 million stake in Beast Industries, a $73 million position in Eightco Holdings, and roughly $78 million in cash and securities.
Bitmine positions itself as the largest corporate Ethereum treasury and the second-largest crypto treasury overall, trailing only Strategy’s bitcoin holdings.
In parallel with ETH purchases, the company continued share repurchases.
It bought back 1.7 million of its own common shares in the latest week, raising cumulative buybacks since early July 2026 to more than 20.8 million shares under a previously authorized $4 billion program.
Lee described the shares as undervalued and characterized the repurchase effort as significant within the digital asset treasury sector.
Market response was constructive, with BMNR shares rising in the session following the announcement. Ethereum itself posted modest gains over the prior 24 hours.
The company’s approach combines long-term holding with yield generation via staking and selective equity activity, while maintaining institutional support from investors including ARK Invest’s Cathie Wood and others.
Bitmine’s progress underscores a strategy that treats Ethereum not merely as a balance-sheet asset but as infrastructure supporting emerging use cases in tokenization and AI. With the 5% target now within closer reach, the firm’s weekly cadence and staking operations remain central to its positioning in the Ethereum ecosystem.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Avalanche Leadership Reshuffle: Ava Labs Welcomes New President
Former Ava Labs President John Wu announced a leadership adjustment on X, appointing Charley Cooper as the new president and Lydia as CFO, while Wu transitions to a senior advisor role to focus on long-term strategy and institutional relations. Cooper, who has backgrounds in the U.S. Department of Defense, CFTC and traditional financial institutions, plus over a decade of blockchain experience, is seen as the right person to drive Avalanche’s next phase of growth. As of press time, AVAX’s market capitalization stands at $2.77 billion per HTX market data, with its all-time peak hitting nearly $30 billion in 2021.
19 minutes ago
Stablecoin yield application Osero, backed by a Sky-led investment, has officially launched.
Stablecoin yield project Osero has announced the official launch of its application, now open to all users. Official website data shows Osero currently offers an annual percentage yield (APY) of 3.52%, supporting stablecoins including USDC.e, USDe, AUSD, GHO, PYUSD, RLUSD, USDD, USDG, USDtb, and frxUSD. Its returns are generated from sUSDS and the Sky Ecosystem’s savings rate mechanism. Earlier reports indicated that Osero was incubated by Stablewatch and closed a $13.5 million funding round in May this year, led by the Sky Ecosystem and Plasma.
19 minutes ago
A source familiar with the situation has revealed that Iran is considering striking military targets in Europe if the U.S. escalates the conflict.
Sources familiar with the matter said Iran is considering expanding its strike range to include military targets in Europe if Trump escalates the conflict. The sources added that Iran’s military has assessed striking U.S. military assets in Southeast European countries such as Bulgaria, and also evaluated plans to cut undersea cables in the Strait of Hormuz amid escalating tensions. (Financial Times)
19 minutes ago
Embodied intelligence firm MouShen Intelligence completes nearly 500 million yuan in Pre-A+ round financing.
Embodied intelligence firm Moushen Intelligence recently closed a nearly 500 million yuan Pre-A+ financing round. The round was jointly invested by leading state-owned fund Shenbao Yiben Fund, Orient Securities, Shaanxi High-Tech Industry Investment Co., Ltd., industrial investors Anyu Fund, Tianmeng Investment, and Jianyuan Tianhua; existing shareholders Chuanghehui Capital, Xuhui Capital, and Gengxin Capital also made oversubscribed follow-on investments. As a result, Moushen Intelligence’s valuation has surged over 10 times in the first half of the year, making it one of the fastest-growing embodied brain enterprises in the industry. (Science and Technology Board Daily)
19 minutes ago
Yesterday, Bitcoin ETFs posted a net inflow of $189.3 million, while Ethereum ETFs registered a net inflow of $71.4 million.
According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $189.3 million yesterday, with IBIT contributing $143.6 million of that total. This marks the second consecutive day of net inflows for Bitcoin ETFs overall. Ethereum ETFs saw a net inflow of $71.4 million, while ETHA recorded a net inflow of $64.7 million.
Bitcoin (BTC) shows early signs of recovery, trading around $63,400 on Wednesday after a 2.9% gain and a close above key resistance earlier this week. Ethereum (ETH) continues to trade sideways, nearing the upper consolidation range near $1,919, where a close above this level suggests a rally ahead. Ripple (XRP) shows signs of a mild recovery as it holds around the key psychological level of $1.
Bitcoin closes above key resistanceBitcoin price trades at $64,391 on Wednesday, holding just above the 50-day Exponential Moving Average (EMA) at $64,376 but still capped by a dense band of overhead resistance. BTC remains below the 100-day EMA at $66,334 and the key horizontal barrier at $66,500, keeping the near-term bias cautiously bearish despite improving momentum.
The Relative Strength Index (RSI) at 52 leans slightly positive. At the same time, the Moving Average Convergence Divergence (MACD) is above its signal line and back in positive territory, hinting at recovering upside pressure that has yet to overcome the prevailing resistance structure.
On the topside, initial resistance is seen at the 38.2% Fibonacci retracement at $65,547 (drawn from May 26 high of $78,080 to the yearly low of $57,800 recorded on July 1), followed by the 100-day EMA at $66,334 and the horizontal cap at $66,500. A sustained break above these levels would open the way toward the 50% retracement at $67,940, with the 200-day EMA higher at $71,451 acting as a broader trend ceiling.
On the downside, the 50-day EMA at $64,376 provides immediate support; a daily close below this floor would expose the 23.6% Fibonacci retracement at $62,586 and the horizontal support at $62,300 as the next demand zone.
BTC/USDT daily chartEthereum could rally if it closes above 100-day EMAEthereum price trades at $1,909 on Wednesday, retaining a capped tone as price holds above the 50-day EMA at $1,871 but remains below the 100-day EMA at $1,918 and the 200-day EMA at $2,115. This configuration suggests recovery attempts are meeting overhead supply from medium- and long-term averages, even as the RSI at 55 stays in mildly positive territory and the Moving Average Convergence Divergence (MACD) hovers just below zero, hinting at waning bearish momentum rather than a clear bullish turn.
On the topside, initial resistance sits at the 100-day EMA near $1,918, followed by the horizontal barrier at $2,000, before the 200-day EMA at $2,115 caps broader upside.
On the downside, immediate support is the 50-day EMA around $1,871, with a deeper structural floor only emerging at the distant horizontal level at $1,385, where stronger demand could emerge if the current range breaks lower.
ETH/USDT daily chartXRP hovers around the key psychological level of $1XRP price trades at $0.99 on Wednesday, extending a bearish near-term bias as spot holds beneath the 50-day, 100-day, and 200-day EMAs at $1.07, $1.15, and $1.34, respectively.
The cluster of overhead EMAs suggests the pair remains capped after its recent pullback, while the RSI around 36 leans toward weak momentum and the MACD histogram stays marginally negative, hinting at lingering downside pressure rather than an imminent bullish reversal.
On the topside, immediate resistance is at the 50-day EMA at $1.07, then the 100-day EMA at $1.15. Above these, further barriers align at $1.30 and the 200-day EMA at $1.34, ahead of a more distant horizontal level at $1.90.
With XRP hovering around the psychological $1.00 mark, a loss of this meaningful support level would leave XRP exposed to further downside, driven primarily by momentum and broader market sentiment.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
Tom Lee, chairman of Bitmine Immersion Technologies, said BlackRock’s new Bitcoin report reinforces the case for Ethereum (ETH). He pointed to artificial intelligence (AI) and robotics as the reason.
BlackRock’s paper, called “Re-Underwriting Bitcoin,” examined Bitcoin’s more than 50% decline from its October 2025 high. It said capital had rotated into AI-themed equity funds instead.
What Lee ArguedLee, who also co-founded Fundstrat, wrote on X that AI capabilities are advancing along a steep S-curve. He said recent research points to AI systems developing a form of collective coordination.
— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) August 18, 2026
Blockchains and smart contracts, he argued, keep humans involved in overseeing that behavior. He extended the same logic to robotics, citing a video of a robot outperforming human athletes.
In the same post, Lee called Ethereum the most important base layer, or “L1.” The term describes the foundational network that other blockchain applications rely on.
“we see $ETH as an important downstream story for AI”
Where the Case Gets ThinBut BlackRock’s report never mentions Ethereum, robotics, or blockchain verification of AI systems. Instead, its authors frame AI-linked equity funds as competition for capital, not a use case for smart contracts.
Still, Lee’s framing goes further than the report itself. BlackRock links Bitcoin’s pullback to leverage and shifting fund flows, not a change in Bitcoin’s role as a monetary hedge.
This is not the first time Lee has tied Ethereum to the AI trade. Bitmine holds about 4.8% of Ethereum’s circulating supply, making Lee one of the asset’s largest institutional stakeholders.
That position gives Lee a clear financial incentive to link Ethereum to major crypto narratives, including Bitcoin’s own investment case.
Ethereum trades near $1,908 as of Aug. 19, 2026, according to CoinGecko data. Whether Lee’s AI-and-robotics framing gains wider traction may depend on concrete examples of blockchains verifying autonomous systems in practice.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Avalanche Leadership Reshuffle: Ava Labs Welcomes New President
Former Ava Labs President John Wu announced a leadership adjustment on X, appointing Charley Cooper as the new president and Lydia as CFO, while Wu transitions to a senior advisor role to focus on long-term strategy and institutional relations. Cooper, who has backgrounds in the U.S. Department of Defense, CFTC and traditional financial institutions, plus over a decade of blockchain experience, is seen as the right person to drive Avalanche’s next phase of growth. As of press time, AVAX’s market capitalization stands at $2.77 billion per HTX market data, with its all-time peak hitting nearly $30 billion in 2021.
19 minutes ago
Stablecoin yield application Osero, backed by a Sky-led investment, has officially launched.
Stablecoin yield project Osero has announced the official launch of its application, now open to all users. Official website data shows Osero currently offers an annual percentage yield (APY) of 3.52%, supporting stablecoins including USDC.e, USDe, AUSD, GHO, PYUSD, RLUSD, USDD, USDG, USDtb, and frxUSD. Its returns are generated from sUSDS and the Sky Ecosystem’s savings rate mechanism. Earlier reports indicated that Osero was incubated by Stablewatch and closed a $13.5 million funding round in May this year, led by the Sky Ecosystem and Plasma.
19 minutes ago
A source familiar with the situation has revealed that Iran is considering striking military targets in Europe if the U.S. escalates the conflict.
Sources familiar with the matter said Iran is considering expanding its strike range to include military targets in Europe if Trump escalates the conflict. The sources added that Iran’s military has assessed striking U.S. military assets in Southeast European countries such as Bulgaria, and also evaluated plans to cut undersea cables in the Strait of Hormuz amid escalating tensions. (Financial Times)
19 minutes ago
Embodied intelligence firm MouShen Intelligence completes nearly 500 million yuan in Pre-A+ round financing.
Embodied intelligence firm Moushen Intelligence recently closed a nearly 500 million yuan Pre-A+ financing round. The round was jointly invested by leading state-owned fund Shenbao Yiben Fund, Orient Securities, Shaanxi High-Tech Industry Investment Co., Ltd., industrial investors Anyu Fund, Tianmeng Investment, and Jianyuan Tianhua; existing shareholders Chuanghehui Capital, Xuhui Capital, and Gengxin Capital also made oversubscribed follow-on investments. As a result, Moushen Intelligence’s valuation has surged over 10 times in the first half of the year, making it one of the fastest-growing embodied brain enterprises in the industry. (Science and Technology Board Daily)
19 minutes ago
Crypto Analyst: Kaito’s New Product Pulse Plugin Engages in Multiple Deep Data Collection Practices.
Ultra points out that Kaito Pulse uses hashing to fingerprint users’ GPU rendering, hardware models, and hardware test sounds, binding this unique combination to their X account. The tool can also capture users’ full browsing history, feed hover times, clicks, and follow status, sending heartbeat packets with activity detection every 30 seconds. Additionally, it can read Claude and ChatGPT subscription plans and their usage ratios, automatically click to access ChatGPT’s Usage page, and automatically navigate to Binance’s Positions tab, re-sending login requests to retrieve wallet balances, futures positions, profit and loss, and deposit/withdrawal history. Kaito AI announced yesterday its new browser extension product Kaito Pulse, which aims to bring off-platform activities directly into the native X timeline.
Morgan Stanley Investment Management is adding network participation to its crypto investment products rather than limiting them to passive token exposure. The asset manager has selected Galaxy as an approved validator for new Ethereum and Solana exchange-traded products that intend to stake part of their holdings.
According to Galaxy’s August 18 announcement, the Morgan Stanley Ethereum Trust trades on NYSE Arca under MSSE, while the Morgan Stanley Solana Trust uses MSOL. Galaxy is one of three firms selected to support staking across the two products.
MSSE and MSOL seek to track ETH and SOL performance, respectively. Each product intends to delegate a portion of its assets to institutional validators and pass resulting staking rewards to shareholders through regular distributions.
The structure introduces operational questions that do not arise in a product that only holds tokens. Ethereum and Solana use different validator systems, client software, performance measures, and risk controls. A validator can also face downtime, operational errors, or protocol penalties, making infrastructure selection part of the product’s risk profile.
Galaxy said Morgan Stanley evaluated its capabilities on the two networks separately. The release does not specify how much of each trust’s holdings will be staked, the expected reward rate, or the allocation among the three selected providers.
Galaxy Extends Its Institutional Validator Business Galaxy reported $2.8 billion in staked assets at the end of the second quarter of 2026 across Ethereum, Solana, and other proof-of-stake networks. The company presents the mandate as an extension of its infrastructure work for asset managers rather than a new consumer staking product.
That role differs from corporate treasury staking, such as the activity behind BitMine’s expanding Ethereum validator operation. In an exchange-traded product, the infrastructure provider operates within a structure that must account for fund custody, liquidity, disclosures, and shareholder distributions.
Crypto Products Move Beyond Price Exposure The launch illustrates how institutional crypto products are becoming more operationally complex. Staking can add yield, but it also ties product performance to validator uptime, withdrawal mechanics, network rules, and the treatment of rewards.
Traditional spot funds have already made Bitcoin and Ether easier to access, with flows tracked through products covered in recent institutional ETF demand. Morgan Stanley’s new trusts go a step further by seeking to include a native network function in the investor return profile.
The products’ intended staking arrangements remain subject to their governing documents and operational execution. Galaxy’s announcement confirms its selection, but it should not be read as a guarantee of future reward levels or uninterrupted validator performance.
AUTHOR
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
Bitcoin, Ethereum, Dogecoin, and XRP each face critical technical levels as trading remains tight and investors look for clear signals on market direction. While Bitcoin and Ethereum consolidate near major support zones, Dogecoin and XRP continue to confront persistent downward trends with limited signs of imminent reversal.
Bitcoin trades sideways, eyes crucial resistanceBitcoin has hovered near $64,200, consolidating after an early summer rebound from its June low of $58,000. The daily chart reflects an ongoing standoff between a fragile long-term structure and some short-term stabilization, with price action mostly flat since early July.
Technical signals have seen modest improvement. Short-term moving averages at $63,750 and $63,900 currently sit below the trading price, and the RSI has risen to approximately 52, which suggests buyers hold a small momentum edge, though conditions remain far from overbought. Despite this improvement, BTC has yet to break decisively higher.
Immediate resistance is concentrated between $66,000 and $67,000, with a key major moving average positioned near $66,300, currently sloping downward. A clear daily breakout above this region would provide the first strong indication of a recovery structure forming.
The long-term target, a significant moving average near $71,500, remains distant. Achieving it would require a far more robust upside move and signal a broader shift in market trend. On the downside, support is established at $63,000. If this level fails, the next zones to watch are $60,000 to $61,000, with the earlier June–July lows around $58,000 potentially acting as a further backstop.
For now, Bitcoin stays compressed within a narrow range. Buyers have managed to slow the decline but not spark a turnaround. A clear break outside $63,000 to $66,300 is needed to confirm the next direction.
AssetCurrent PriceImmediate SupportImmediate ResistanceBitcoin (BTC)$64,200$63,000$66,000–$67,000Ethereum approaches technical inflectionEthereum is compressing around $1,900 after weeks of narrowing price swings, standing out with a pronounced converging structure. Support lines have gradually risen beneath current prices, while immediate resistance is moving downward.
ETH is currently trading at approximately $1,896, with short-term moving averages near $1,880 and another key average at $1,849. Both averages now sit below the trading price, reinforcing Ethereum’s short-term resilience. An RSI reading of 53 suggests a slight bullish momentum, though not enough to indicate strong buying interest.
Primary resistance spans the $1,915 to $1,950 area. This region also coincides with a declining trendline from July highs and the intermediate moving average at $1,917. ETH has repeatedly struggled to breach this barrier.
A convincing move above $1,950 would be significant, as it would invalidate the current compression pattern upward and open the door toward $2,000 and the long-term moving average at $2,120. Without such a breakout, downside risk persists. The support area between $1,850 and $1,880 is crucial; losing this could set up a return toward $1,750–$1,800.
The narrowing range makes a technical breakout increasingly likely, with $1,850 and $1,950 acting as key levels to watch in the days ahead.
AssetCurrent PriceCritical SupportKey ResistanceEthereum (ETH)$1,896$1,850–$1,880$1,915–$1,950Dogecoin and XRP struggle to regain momentumDogecoin remains under firm selling pressure, continuing a downward trajectory that has defined much of 2025. The asset is now trading near $0.0699, with recent price action showing little progress toward reversal, although the pace of decline eased in August.
DOGE sits between $0.0707 and $0.0718, just under its short-term moving averages. This forms a tight resistance cluster that must be overcome for any temporary recovery. The intermediate and long-term averages are found at $0.0802 and $0.0958 respectively, both declining and highlighting ongoing weakness. The breach of the rising support line that developed between February and June led to the asset falling from above $0.10 to $0.07.
Although momentum is subdued, the RSI at roughly 46 does not yet signal an oversold market. Support within $0.068–$0.070 is critical. Lost support here could expose $0.065 or even the psychological $0.060 area.
XRP, developed by Ripple Labs as a digital payment solution, recently dropped below the key $1 barrier after extended selling. XRP now trades near $0.998. All major moving averages remain above the current price, emphasizing the challenge ahead. The closest are at $1.039 and $1.074, both still declining through August. The larger-term average is at $1.345, with an additional significant resistance at $1.155.
Momentum indicators reflect a market that is approaching but not yet at oversold levels, with the RSI near 36.5—just above the classic oversold threshold of 30. Reclaiming $1 and quickly pushing above $1.04 would provide the first signs of buyer interest. Full recovery would require a move beyond $1.07. Failure to regain the $1 level could see price slide toward the next support zones at $0.95 and $0.90, where historical support is limited.
Dogecoin and XRP continue to face dominant downward trends, with both assets trading well below key resistance levels and showing limited signs of reversal, keeping sellers firmly in control.
AssetCurrent PriceKey SupportKey ResistanceDogecoin (DOGE)$0.0699$0.068–$0.070$0.0707–$0.0718XRP$0.998$0.95 / $0.90$1.039 / $1.074Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Although Bitcoin is still consolidating around $64,200, the daily chart still indicates that the market is torn between a much weaker long-term structure and short-term stabilization. After rising from its late-June low of about $58,000, Bitcoin has been moving sideways for the majority of July and August.
Looking into short-term directionThe immediate technical structure has made a minor improvement. The short-term moving averages, which are centered around $63,750 and $63,900, are exceeded by Bitcoin. Additionally, the RSI has moved to about 52, giving buyers a slight momentum advantage without indicating an overbought situation. BTC hasn't been able to convert this stabilization into a bigger breakout, though.
BTC/USDT Chart by TradingViewThe $66,000–$67,000 area is the most significant near-term resistance because the next major moving average is located close to $66,300 and has a downward slope. The first significant sign that the current range is becoming a recovery structure would be a daily breakout above this region.
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The long-term moving average stays at roughly $71,500 beyond that. Regaining it would necessitate a much more forceful move and would signify a more significant shift in Bitcoin's overall trend. The immediate support on the downside is still $63,000. Losing it would expose $60,000–$61,000, with the June–July lows at about $58,000 coming next.
As a result, Bitcoin is still in compression. Although buyers have halted the decline, they still don't have enough power to turn it around. The next significant directional signal should come from a break outside of the range of $63,000 to $66,300.
Ethereum has to escapeAfter weeks of increasingly constrained price action, Ethereum is nearing a technically significant turning point as it compresses around $1,900. In contrast to Bitcoin, Ethereum has developed a clear converging structure, with support rising beneath the current price and resistance falling toward it.
ETH/USDT Chart by TradingViewETH is currently trading at about $1,896. Another significant average is close to $1,849, and the short-term moving average is at about $1,880. Both remain below the market, providing Ethereum with a short-term structure that is somewhat beneficial. This view is supported by the RSI at 53, which indicates a modest bullish momentum advantage without strong buying pressure.
The primary barrier is centered between $1,915 and $1,950. This area is currently crossed by the declining trendline from the July highs, and the intermediate moving average is located close to $1,917. ETH has had difficulty rising above this resistance cluster on several occasions.
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Therefore, a strong breakout above $1,950 would be more important than the comparatively small percentage move needed to get there. Such a move would invalidate the current compression pattern to the upside, possibly opening the path toward $2,000 and the long-term moving average at $2,120.
Downside risk would remain active if there were no breakout. The first defensive area is located between $1,850 and $1,880 according to the rising support line and moving averages. The recent rebound would be weakened if that cluster were lost, and ETH might move back toward $1,750–$1,800.
At the moment, Ethereum is more likely to experience a technical breakout than a confirmed trend reversal. The $1,850 support and $1,950 resistance levels are especially significant because the narrowing range indicates that the current low-volatility structure is unlikely to last forever.
Dogecoin remains under pressure Dogecoin is still under intense technical pressure as it continues the downtrend that has dominated the asset for the majority of 2025, trading close to $0.0699. The chart does not yet demonstrate a convincing reversal, despite the fact that the rate of decline has significantly slowed in August.
Right now, DOGE is trading between $0.0707 and $0.0718, directly below its short-term moving averages. This immediately forms a resistance cluster that is only a few percentage points higher than the current price. The first prerequisite for a temporary recovery would be to reclaim it.
DOGE/USDT Chart by TradingViewLarger barriers are significantly higher. The long-term average is still around $0.0958, and the intermediate moving average is close to $0.0802. Both exhibit a distinctly bearish hierarchy and are still declining. The rising support structure that emerged between February and June was also breached by DOGE.
The asset moved from above $0.10 to $0.07 as a result of the subsequent decline, and buyers have not yet been able to create a significant higher high. Momentum is weak, though not deeply oversold.
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With an RSI of about 46, DOGE is below neutral momentum without being significantly oversold. In the event that the current support fails, this allows for further downside. Thus, the $0.068–$0.070 area is crucial. $0.065 and ultimately the psychological $0.060 level could be revealed by a clear breakdown.
XRP loses psychological levelAfter months of relentless selling, XRP has fallen below the psychological $1 threshold, placing the asset at a crucial juncture. Almost all of the major moving averages are still above the market, and XRP is currently trading at about $0.998. The short-term structure is the immediate issue.
XRP/USDT Chart by TradingViewAt roughly $1.039, XRP is below the closest moving average, and at roughly $1.074, it is below another important average. Throughout August, both have kept declining, indicating that sellers are still in charge of the short- and intermediate-term trend. The bigger picture is even more challenging.
The long-term moving average is still around $1.345, and the next significant resistance is close to $1.155. Therefore, before the larger bearish structure could be deemed invalid, XRP would need to make a significant recovery. There is little indication of an imminent reversal in momentum.
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XRP is comparatively near oversold territory, but it is still above the traditional 30 threshold, with an RSI of about 36.5. The RSI reading alone does not offer a reliable bottom signal because persistent downtrends can keep it low for extended periods of time. Now, the $1 level serves as the direct battlefield.
The most recent breakdown could become a failed bearish move if price is quickly recovered above it and then moves through $1.04. Recovering $1.07 would offer much more convincing proof that buyers are returning. But if $1 isn't recovered, XRP could drop even further. The next areas to watch are roughly $0.95 and $0.90, where there isn't much established support.
Leading cryptocurrencies held steady on Tuesday as investors digested President Donald Trump’s latest remarks on Iran negotiations.
Crypto Market Trade MixedBitcoin approached $65,000 during the early hours of trading, but failed to secure a clear breakout. Trading volume fell 12% over the last 24 hours. Ethereum topped $1,900 and consolidated, while XRP and Dogecoin lagged.
Cryptocurrency-related stocks sold off, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 5.28% and 2.35%, respectively.
Over $200 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data.
Bitcoin’s open interest fell 0.53% over the last 24 hours. A drop in open interest alongside a price increase typically signals short covering i.e, bearish traders are buying back contracts to exit their positions.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.18 trillion, representing a modest increase of 0.47% over the last 24 hours.
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Stocks Dive on Iran DeadlockStocks extended their losses on Tuesday. The Dow Jones Industrial Average fell 116.38 points, or 0.22%, to close at 53,343.40. The S&P 500 slipped 0.69% to close at 7,691.76, while the tech-focused Nasdaq Composite declined 1.33% to settle at 26,289.71.
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Trump said in a Truth Social post that the U.S. is not having any “talks or conversations” with Iran, nor are any scheduled. He said that the naval blockade remains in effect and the Strait of Hormuz is open for traffic.
Will Bitcoin Sink Below $60,000?On-chain analytics firm CryptoQuant spotlighted Bitcoin’s 30-day average Taker Buy Volume plunging to levels previously observed around the late-2020 reset, the 2022 cycle bottom and the 2023 consolidation.
When Taker Buy Volume falls, it means active buyer demand is fading and aggressive selling or market neutrality is taking over.
“A more credible bottoming signal would require Bitcoin to stabilize while Taker Buy Volume begins to recover,” the firm added. “The current reading therefore points to an advanced reset in market participation, not a confirmed bottom.”
Ali Martinez, a widely followed cryptocurrency analyst and trader, flagged $63,111–$61,849 as Bitcoin’s immediate support zone, where over 2 million BTC last changed hands.
“If it holds, Bitcoin may resume its advance,” Martinez projected. “If it breaks amid rising selling pressure, the next major downside target is near $54,276.”
Could the Next 100x crypto already be preparing for its market debut? Ethereum price prediction is hovering near $1,900, with bulls targeting $2,500 after a breakout above $1,950-$2,000, while Cardano has ended a nine-day losing streak after bouncing from $0.1762. With major coins at key technical levels, traders are also searching for early-stage projects with bigger upside potential.
That is where Apeing enters the picture. Its third-party audit is underway, and rumors suggest the presale could begin in the first week of September 2026, potentially just weeks away. While the date remains unconfirmed, Apeing’s community-first meme-coin strategy, planned utility, and audit-first approach are already creating anticipation. For investors hunting for the Next 100x crypto, Apeing could be one of the projects to watch before the presale spotlight gets brighter.
Apeing Presale: The Next 100x Crypto Countdown Could Be Starting Table of Contents
Apeing is built around one of crypto’s most powerful forces: community-driven momentum. The project describes itself as a meme coin brand created by “true degens,” with a focus on culture, energy, community, engagement, and planned utility. But the real story may be the timing. Apeing is still in its pre-presale phase, meaning the project is preparing its infrastructure while attention can potentially build before the wider market gets involved. For traders hunting for the Next 100x crypto, this is exactly the kind of early-stage setup that can spark serious speculation.
And now, the countdown could be getting interesting. Apeing says its third-party audit is currently underway and that the official presale will begin once the verification process is complete. Rumors are pointing to the first week of September, which would put the potential launch only a few weeks away.
If those rumors prove accurate, Apeing could move from an under-the-radar project to a major topic in the meme-coin conversation very quickly. Early supporters are already being encouraged to join the whitelist so they can receive updates when the official sale is announced. For anyone searching for the Next 100x crypto, Apeing’s combination of an upcoming catalyst, meme-coin culture, community focus, and early-stage positioning makes it a project worth watching closely.
Reason Behind Apeing’s Upcoming Presale Hype The numbers behind Stage 1 are part of what’s drawing attention. Apeing’s own outline puts the opening price at $0.0001 per token, against a projected listing target of $0.01, roughly a tenfold spread before the market even has a chance to weigh in. Allocation for this stage is also capped, so the entry point will not stay available indefinitely once the presale opens.
A low starting price paired with limited supply is a familiar setup in crypto, and it’s usually the combination that decides who gets in at the bottom and who ends up buying in later, once the cheapest tier is already gone.
Ethereum Price Prediction: ETH Bulls Target $2,500 Ethereum is entering a potentially important technical phase as volatility compresses and price remains near the $1,900 area. The key support zone sits around $1,800-$1,850, while bulls need to reclaim $1,950-$2,000 to strengthen the recovery case. A confirmed breakout could put $2,300 and eventually $2,500-$2,800 in focus, while losing support could send ETH toward $1,700-$1,750.
Network activity is adding another bullish element to the current Ethereum Price Prediction. Daily new ETH addresses reportedly jumped from around 121,210 on August 8 to 212,560, suggesting increased network participation. For now, however, the $1,950-$2,000 resistance zone remains the key test. A strong breakout accompanied by volume could significantly improve the bullish outlook.
Cardano Price Prediction: ADA Attempts a Recovery Cardano recently ended a nine-session losing streak after ADA bounced from the $0.1762 0.382 Fibonacci support level. The token was trading around $0.1770, making the current zone critical for determining whether the recent decline has finally exhausted itself. Holding support could open a recovery toward $0.1998, while a breakdown could expose ADA to approximately $0.1617.
The fundamental backdrop also offers potential catalysts, with the Leios progress tracker reportedly showing 96% readiness toward the 1,000 TPS goal and Dijkstra Phase 1 targeting code completion in Q4 2026. Still, the immediate Cardano price prediction depends heavily on whether buyers can defend $0.1762 and push ADA back toward the $0.20 region.
Conclusion: Is Apeing the Next 100x Crypto Opportunity? The crypto market is entering another interesting phase. Ethereum is compressing near a critical resistance zone, Cardano has finally interrupted a nine-day decline, and investors are once again searching for smaller projects that could generate outsized returns. That combination is creating fertile ground for speculation around the Next 100x crypto.
Apeing stands out because its potential catalyst is still ahead rather than behind it. The project says its audit process is underway, while rumors suggest the presale could arrive in the first week of September. There is no confirmed launch date yet, so investors should wait for official confirmation and verify all information through Apeing’s official channels. Nevertheless, anyone researching the Next 100x crypto should have Apeing on their watchlist as the potential presale approaches.
If you want to follow Apeing before the presale potentially opens, keep an eye on the project’s official website and verified social channels for the audit announcement, confirmed presale date, token details, and participation instructions. The biggest opportunities in crypto can attract attention early, but so can the biggest risks. Do your own research before making any investment decision.
For More Information: Website: Visit the Official Apeing Website
Telegram: Join the Apeing Telegram Channel
Twitter: Follow Apeing ON X (Formerly Twitter)
FAQs 1. Is Apeing the Next 100x Crypto? Apeing is being discussed as a potential Next 100x crypto candidate because it is an early-stage meme-coin project preparing for a presale. However, a 100x return is highly speculative and cannot be guaranteed.
2. When will the Apeing presale start? Apeing’s official website currently says that the presale will begin after third-party audits are completed. A first-week-of-September 2026 launch has been rumored, but the project has not officially confirmed that date.
3. What is the Ethereum Price Prediction? The current Ethereum Price Prediction setup identifies $1,800-$1,850 as important support and $1,950-$2,000 as major resistance. A breakout could open the way toward $2,300 and $2,500-$2,800, while a breakdown could expose $1,700-$1,750.
4. What is the Cardano price prediction? ADA is currently defending the $0.1762 Fibonacci support level. Holding it could support a recovery toward $0.1998, while losing it could put approximately $0.1617 into focus.
5. How can I follow the upcoming Apeing presale? The safest approach is to follow Apeing’s official website and verified social channels for the confirmed announcement. Do not send funds to a contract address unless the project officially confirms the presale details and provides verified participation instructions.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain.
According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf.
FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana.
Canton is a public blockchain built for institutional finance, with privacy and permissioning controls designed for regulated transactions and tokenized assets. Its ecosystem includes major financial institutions such as JPMorgan, Goldman Sachs and BNP Paribas.
Interstice is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard. The company did not disclose which assets are initially supported or provide transaction volume figures for the swap engine.
Canton expands institutional tokenization activityThe integration comes as more traditional financial institutions use Canton for tokenized assets and blockchain-based settlement.
In July, electronic trading platform Tradeweb executed an onchain US Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time. Tradeweb said it was the first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton, with other participants including Societe Generale, Digital Asset and Blockdaemon.
Societe Generale has also deployed its euro- and dollar-denominated stablecoins on Canton for tokenized collateral, repo financing and institutional settlement, while Visa has tested private stablecoin settlement on the network.
Other initiatives include a Japanese government bond collateral pilot involving Mizuho and Nomura and S&P Dow Jones Indices placing its iBoxx US Treasuries Index on Canton.
PoC trial for digital collateral management using Japanese government bonds. Source: JPX
Magazine: Solana’s fee overhaul increases burn and makes resource hogs pay
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain.
According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf.
FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana.
Canton is a public blockchain built for institutional finance, with privacy and permissioning controls designed for regulated transactions and tokenized assets. Its ecosystem includes major financial institutions such as JPMorgan, Goldman Sachs and BNP Paribas.
Interstice is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard. The company did not disclose which assets are initially supported or provide transaction volume figures for the swap engine.
Canton expands institutional tokenization activityThe integration comes as more traditional financial institutions use Canton for tokenized assets and blockchain-based settlement.
In July, electronic trading platform Tradeweb executed an onchain US Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time. Tradeweb said it was the first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton, with other participants including Societe Generale, Digital Asset and Blockdaemon.
Societe Generale has also deployed its euro- and dollar-denominated stablecoins on Canton for tokenized collateral, repo financing and institutional settlement, while Visa has tested private stablecoin settlement on the network.
Other initiatives include a Japanese government bond collateral pilot involving Mizuho and Nomura and S&P Dow Jones Indices placing its iBoxx US Treasuries Index on Canton.
PoC trial for digital collateral management using Japanese government bonds. Source: JPX
Magazine: Solana’s fee overhaul increases burn and makes resource hogs pay
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Interstice Digital has introduced a Cross-Chain Swap Engine with FalconX that enables non-custodial swaps between Solana, Robinhood Chain, Ethereum and the Canton Network. The engine uses infrastructure and compliance services from Trulioo, TRM Labs, CertiK, Canton Strategic Holdings and MPCH.
The system is aimed at bridging Canton’s institutional capital markets infrastructure with some of the largest pools of retail and digital asset liquidity, while giving users a way to move assets across ecosystems without relying on a custodial intermediary.
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The engine has also been selected as a Featured App on Canton. With it, Interstice wants to address a key challenge as institutional adoption of digital assets expands: moving capital between otherwise separate blockchain ecosystems efficiently.
The connected networks bring substantial existing activity to the platform. Robinhood Chain has reached 100 million transactions faster than any other EVM network and now serves 28 million funded accounts holding $369 billion in total platform assets.
Solana recorded a record 167 million monthly active addresses in April 2026 and $650 billion in monthly stablecoin transaction volume in February, while Ethereum continues to underpin a large developer ecosystem and serves as the base layer for Robinhood Chain.
Interstice CEO Janine Yorio said the company built the engine to connect these networks with Canton, which Interstice says processes more than $9 trillion in monthly tokenized real-world asset flows.
FalconX Head of Trading Strategy Hassan Bassiri said the infrastructure could help meet growing institutional demand for seamless movement of capital between digital asset ecosystems.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.