Ethereum News Daily Official TheBitTimes.com

As XRP struggles to reclaim the $3 resistance zone, the asset has received a major boost from whales, a notable vote of confidence amid the current bearish market sentiment. Specifically, on-chain data revealed that whales accumulated more than 340 million XRP in the past two weeks, according to cryptocurrency analyst Ali Martinez’s August 31 X post. This surge in buying suggests that deep-pocketed investors are positioning themselves for a potential rebound despite the token’s recent price weakness. XRP whale transactions. Source: Santiment XRP key price levels to watch  Meanwhile, another Analysis by Martinez identified key price levels to watch for the asset. He noted that $2.76 remains a critical level, having repeatedly acted as a floor for price action over the past month, with buyers stepping in to defend it multiple times. Holding above this line is key to preventing further downside pressure. If the $2.76 support remains intact, XR...

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Pyth Network surged 76% to trade at at $0.2124 as of 4:04 a.m. EST after the US government selected its network, along with Chainlink, to put GDP data on-chain. Its pump was a rare bright spot in a mostly red market, with Bitcoin sliding almost 3% to near the $110k support zone and major altcoins posting significant losses. Cronos (CRO) plunged 14%, Hyperliquid (HYPE) 8.3%, Ethereum (ETH) 5.4%, and XRP (XRP) 4.7% in the last 24 hours, according to CoinMarketCap data. Other top losers included SPX6900 (SPX), Aerodrome Finance (AERO), and Raydium (RAY), which dropped 11.8%, 9.2%, and 8.2%, respectively. After PYTH, the other top gainers were Four (FORM) with a 2.8% gain, KuCoin Token (KCS), up almost 2%, and Ethena (ENA), which climbed just over 1%. Pyth Network Price Soars After US GDP Data Goes On-chain The US government’s move pushed Pyth Network token trading volume up 9,160% to $2.3 billion, sending the coin above $0.20 for the first time in months.  The initiativ...

This morning, $162 billion stablecoin giant Tether proudly announced that its team is excited to “bring USDT home to Bitcoin” via two new protocols. Missing from that announcement is the reality that Tether is actually terminating support for most USDT-on-Bitcoin tokens on September 1. As part of a “strategic infrastructure review,” Tether admitted on July 11 that it would be terminating support on September 1, 2025 for its largest version of USDT on Bitcoin’s blockchain , the Omni layer. After Monday, the only USDT-on-Bitcoin tokens left will be less than $50 million on Blockstream’s Liquid, a functionary-controlled sidechain. Incredibly, Tether was honest in July, explaining that Bitcoin’s Omni layer wasn’t “high-utility, actively developed” infrastructure “aligned with community usage trends” as much as other blockchains that the company decided to continue supporting. So, effective September 1, redemptions of USDT-on-Bitcoin Omni will cease and tokens will...

Cathie Wood’s ARK Invest is buying the dip in BitMine Immersion Technologies, backing Tom Lee’s Ethereum treasury strategy by socking $15.6 million into the firm after its stock tumbled more than 7% on Wednesday. ARK bought the BitMine shares across three of its ETFs (exchange-traded funds), according to the company’s latest trading filings. These funds are the ARK Innovation ETF (ARKK), the ARK Next Generation Internet ETF (ARKW), and the ARK Fintech Innovation ETF (ARKF).  Cathie Wood’s ARK Invest is aggressively accumulating shares of Bitmine. Bitmine = Ethereum Treasury.$ETH is the Wall Street play right now. Don't be underexposed. pic.twitter.com/6oVC4XGly7 — Ted (@TedPillows) August 16, 2025 ARKK bought 227,569 BitMine shares, while ARKW and AKRF purchased 70,991 and 40,553 shares, respectively.  Lee has rapidly transformed BitMine into the world’s largest corporate Ethereum treasury, holding 1.7 million ETH tokens valued at $...

Cronos soared 39% in the last 24 hours to trade at $0.223 as of 4:24 a.m. EST after Trump Media and Crypto.com unveiled a $6.4 billion CRO Treasury plan, while ETH jumped 4% as Standard Chartered said it’s still cheap. Other top gainers include Hyperliquid (HYPE) with an almost 10% pump, Story (8.7%), and Solana with close to a 7% gain. The crypto market overall climbed 1.5% to a market capitalization of $3.92 trillion. ETH recovered to surge over 4% to trade at $4,571. The top losers among major cryptos were Pendle (PENDLE) with a 3% tumble, Arbitrum (2.3%), and XDC Network (2.2%). Cronos Token Soars After Trump Media Plan To Unveil CRO Treasury Trump Media and Technology Group (TMTG), Crypto.com and Yorkville Acquisition Corp. announced a plan to form Trump Media Group CRO Strategy Inc., a digital asset treasury that is set to acquire $6.42 billion worth of CRO. After the CRO treasury is established, it’ll become the largest public CRO treasury to date. The company wi...

Zora is now “hiding” sketchy coins under new guidelines after the Coinbase-backed crypto firm was ridiculed for promoting a fake Tyson Fury account and apparently planning to collaborate with an alleged serial rug artist.  Zora announced on X that any coins breaking community guidelines will be hidden and yet remain available to buy, sell, or transfer.  If you own one of these coins, it will appear in your wallet with a scam warning that says it is hidden “due to impersonation, offensive content, or your settings.” Zora is on damage control after the crypto sleuth ZachXBT revealed screenshots showing higher-ups from Zora and Coinbase planning to collaborate with Sahil Arora to onboard users onto the platform. Why did your team and Jesse from Coinbase engage at all with Sahil to begin with? His list of celebrity coin rug pulls on Solana is well documented on X by CT and on YT by Coffeezilla so a quick search would have revealed warnings. pic.twitter.com/9eXUfgfSP6 ...

The non-fungible token technology continues to revolutionize industries by redefining digital ownership and creating new economic models, extending beyond art into gaming, fashion, real estate, and intellectual property protection. In this article, we shall discuss the Loaded Lions, which has leveraged the untapped power of non-fungible tokens technology to become a global brand, roaring across every frontier. Loaded Lions NFT History Launched on November 23, 2021, the Loaded Lions is a non-fungible token collection, featuring a limited edition of 10,0000 algorithmically generated profile pictures launched by Crypto.com. Crypto.com is one of the leading cryptocurrency platforms and a non-fungible token market platform in Singapore, serving more than 150 million users. It’s known for providing more advanced trading tools on its exchange, along with Features like staking, yield farming, and NFT access, all within a secure environment. The Loaded Lions NFT project serves as the c...

Crypto giants Galaxy Digital, Multicoin Capital and Jump Crypto are joining forces to raise $1 billion and form a Solana treasury company. According to an Aug. 25 Bloomberg report that cited sources familiar with the matter, the three companies aim to create the largest SOL treasury firm. They have also tapped Cantor Fitzgerald, who has over $14.8 billion in assets under management (AUM), as the lead banker.  As part of the planned treasury, the three companies will look to buy out a company that is already publicly listed. The Solana Foundation, a non-profit dedicated to the growth of the Solana blockchain, is also backing the initiative.  Growing Number Of Companies Adding Solana To Their Reserves Bitcoin (BTC) and Ethereum (ETH) have been the most popular cryptos for companies looking to build their own digital asset reserves. That trend started when Strategy began acquiring Bitcoin back in 2020. Through a series of acquisitions since then, the firm has become the lar...

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