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Author: James Wilson
Pi Network price has been locked in a prolonged downtrend, but price action is now pressing into a major high-timeframe support at $0.35. A potential double-bottom structure and early signs of accumulation could pave the way for a rebound toward $0.70. Summary Price consolidates at $0.35–$0.33 support with potential double-bottom formation. Point of Control and 50-day MA must be broken to confirm reversal. Uptick in bullish volume suggests early accumulation phase. Pi Network’s (Pi Network) token continues to trade within a clear bearish structure, marked by consecutive lower highs and lower lows. However, the market may be approaching a critical…
Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC) is currently trading at $113,721, posting a modest 1.5% drop in the last 24 hours. The day’s decline brings its losses on the week to approximately 5%, now putting the crypto market giant in the red for this month. Bitcoin’s price chart | Source: crypto.news…
ARK Invest’s portfolio boosted stakes in Bullish and Robinhood on August 19 as crypto stocks tumbled. Summary ARKK bought 356,346 Bullish shares worth $21.2M, lifting its Bullish stake to over 1.16M shares valued at $73.85M. The firm also acquired 150,908 Robinhood shares for $16.2M, marking the third consecutive day of Robinhood buys. These additions to ARK Invest’s portfolio show the firm treated the dip as a buy opportunity amid 6%+ declines in both stocks that day. ARK Invest’s portfolio expands Bullish holdings post-IPO On August 19, ARK’s flagship Innovation ETF (ARKK) purchased 356,346 shares of Bullish, a buy valued at…
SUI price may continue to see more losses ahead as technicals remain bearish for the asset despite its recent listing on Robinhood. Summary SUI price remained on a downtrend a day after trading went live on Robinhood. The token recorded $5.64 million in long liquidations yesterday. Stablecoin supply on the blockchain has dropped over the past week. Sui (SUI) token has been in a downtrend since Aug. 17 before entering a consolidation phase in the $3.40–$3.50 range on Aug. 20. As of press time, it was trading at $3.47, down 16% from this month’s high and 34% from its highest…
Bitcoin price dips to $113,000, dragging the crypto market lower and pushing retail sentiment to its weakest level in weeks. Summary Crypto market cap slid to $3.8T, with Bitcoin 8.5% off ATH. Derivatives show risk reduction, as volume rises but open interest falls. Retail turns fearful, but whales and ETFs continue to add BTC. Bitcoin’s price (BTC) has slipped to $113,646 at press time, marking a 1.2% daily loss, a 5% decline in the past week, and a 4% drop over 30 days. The move leaves the asset 8.5% below its all-time high of $124,128, reached on Aug. 14. The downturn…
Valantis has taken a decisive step in the liquid staking market with its acquisition of stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM. Summary Valantis acquired stHYPE, the second-largest liquid staking token on Hyperliquid. The deal integrates stHYPE with Valantis’ DEX, targeting deeper liquidity and modular yield features. Competition with kHYPE sets the stage for an expanding liquid staking market. Announced on Aug. 19, the deal unifies stHYPE under the Valantis ecosystem. It sets the stage for expanded yield opportunities, deeper liquidity, and a stronger roadmap for Hyperliquid’s (HYPE) decentralized finance environment. Integration and roadmap Following the acquisition, Valantis takes…
A new proposal suggests the building of Ronin L2 as an Arbitrum Orbit chain, with this coming as the Ronin team plans to migrate the gaming chain into a full-fledged, Ethereum-aligned layer 2 by 2026. Summary A proposal that seeks to build Ronin L2 on Arbitrum is live. The move comes as Ronin, launched as layer 1 blockchain by Sky Mavis, looked to return to Ethereum as a full-fledged L2 chain. RON will power the new chain’s ecosystem as a gas fees token. According to the proposal, Arbitrum (ARB) is uniquely positioned to help Ronin (RON) as the L2 looks…
HBAR price remained on edge on Tuesday, August 19, as the crypto market crash continued. Still, its bullish chart pattern and enthusiasm about its role in the real-world asset industry point to a rebound. Summary Hedera Hashgraph token has formed a bullish flag chart pattern on the daily chart. The network is betting on the RWA industry to boost its token price. Hedera (HBAR) price was trading at $0.2330, down by 25% from its highest point on July 27 this year. Hedera could become a major player in RWA A potential catalyst for the HBAR price is its role in…
On Aug. 18, 2025, ETF and mutual fund manager VanEck released a new report studying Bitcoin price trends between mid-July and mid-August. VanEck analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel predict that BTC will reach $180,000 by the end of the year, while noting discrepancies in Bitcoin mining companies’ market performance and declining mNAV of Digital Asset Treasuries. Summary VanEck report suggests that Bitcoin price will reach $180,000 by the end of 2025. The report attributes the decline in Bitcoin treasury companies’ mNAV to lower Bitcoin volatility and claims mNAV will continue to drop in the…
Japanese automaker giant Toyota is exploring the financialization of car ownership, turning fleets into assets. Summary Toyota has proposed a blockchain that links all key data on cars NFTs can represent vehicle ownership, and traders can bundle them in a portfolio The concept is especially useful in EVs, robo-taxis, and fleets Toyota is actively exploring the concept of tokenizing cars. On Tuesday, August 19, Toyota Blockchain Lab released a white paper on the Mobility Orchestration Network (MON). This new blockchain would be able to track key vehicle data, potentially turning cars into tokenized assets. The proposal explains that every vehicle,…