Bitcoin is trading in the $117,000 price region after a rather eventful week, allowing investors to experience both sides of the market volatility. Notably, the best cryptocurrencies established a new all-time high of $124,457 before experiencing a sharp crash to under $118,000 driven by recent US PPI data. As enthusiasts await the next move in their assets, renowned analytics firm GlaaSnode has announced potential price targets based on short-term holders (STH) market activities. Short Term Holder Cost-Based Tips Bitcoin Races to $144K In the X post on August 16th, GlassNode shares data from the Bitcoin Sth cost-based model. This suggests…
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Key Takeaways Brevan Howard is now the largest institutional investor in BlackRock’s Bitcoin ETF, holding 37.5 million shares valued at $2.3 billion. The firm’s holdings in IBIT grew since March, signaling rising institutional interest in regulated Bitcoin exposure. Share this article Hedge fund giant Brevan Howard reported owning around 37.5 million shares of BlackRock’s Bitcoin ETF (IBIT) as of June 30, valued at roughly $2.3 billion, according to a new SEC disclosure.The investment, which represents a sharp increase from 21,5 million shares in the first quarter, makes Brevan Howard the largest institutional holder of IBIT based on available SEC filings.The…
Luisa Crawford Aug 16, 2025 09:19 AAVE price prediction shows potential rally to $343 in the next two weeks, with analysts targeting $550+ medium-term despite current 23% discount from yearly highs. With AAVE trading at $296.45 after a recent 4.96% pullback, multiple technical indicators are converging to suggest a significant price movement is imminent. Our comprehensive AAVE price prediction analysis reveals compelling bullish signals that could drive the token toward $343 within the next two weeks. AAVE Price Prediction Summary • AAVE short-term target (1-2 weeks): $343.77 (+16% from current levels) • Aave…
Key Takeaways The SEC and Ripple Labs have jointly requested to dismiss their respective appeals in the ongoing legal case concerning XRP. Both parties filed a joint stipulation to dismiss the appeals process, which is now awaiting approval from the Court of Appeals. Share this article The US Securities and Exchange (SEC) has filed a status report with the Court of Appeals, informing that the agency and Ripple Labs had submitted a joint stipulation to dismiss their appeals and work toward closing the XRP case, according to an update from defense lawyer James Filan. #XRPCommunity #SECGov v. #Ripple #XRP The…
Mantra DAO’s token OM dropped an eye-watering 95%, wiping out an estimated $6 billion in value in under an hour, marking the fastest and most severe single-asset collapse in DeFi history, second only to Terra LUNA’s fall from grace. This event will chant its way into crypto history books alongside LUNA, albeit for different reasons. Before the drop, OM hummed at just over $6, with market sentiment mindfully aligned toward a $10 target this bull run. It sank to a low of $0.35 and now sits at around $0.5. The major drop casts serious doubt over the DAO’s financial stability…
Key Takeaways Grayscale submitted an S-1 to the SEC for a spot Dogecoin ETF, adding to growing institutional interest in meme coins. DOGE price remains rangebound despite ETF developments, last trading at $0.228 according to CoinGecko. Share this article Grayscale has filed an S-1 registration statement with the US Securities and Exchange Commission seeking approval for a spot Dogecoin ETF.The move adds another Dogecoin ETF to the slate already under SEC review, including filings from Bitwise and REX-Osprey. Other meme-coin ETF proposals under review include TRUMP, BONK, and Pudgy Penguins, underscoring the growing institutional push to bring meme-coin funds into…
Mantle is up 20% in 24 hours amid overall altcoin rcovery. The MNT token reached highs of $0.91 on Tuesday and could break to $1 and eye the all-time high of $1.51. Ecosystem growth buoys overall bullish momentum. Mantle (MNT) price has surged more than 20% in the past 24 hours, jumping from lows of $0.72 to $0.91. This uptick aligns with other altcoins’ bounces over the past day, with likes of Litecoin and Pump.fun among top gainers in the largest 100 coins by market cap. Notable gains for Mantle have come amid a 280% surge in daily volume to…
Reports say the useless coins have skyrocketed 52% in one day after becoming the first Memecoin from Letsbonkfun. Related readings The price rose from $0.19 to $0.33 during the first burst, with data from the Coingecko show, and many traders sold overnight to the move. Social benefits rose along the price: growth over the 30-day period was 42%, which led to nearly 9,700 new followers, Messari data shows. Replace fuel hype We report that other platforms have moved quickly. Kraken listed the tokens in the buzz, and Coinbase was useless in the list roadmap, making the tokens look like the…
Key Takeaways Gemini disclosed a $282.5M loss in the first half of 2025 as it pushes ahead with IPO plans. IPO filing confirms Nasdaq listing under GEMI, with no size or pricing details revealed. Share this article Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, has made public its filing for a US initial public offering, joining a wave of digital asset companies seeking to go public.The IPO was already anticipated, but the newly released filing confirms key financial and operational details, including plans to list on Nasdaq under the ticker GEMI. The exchange did not disclose the…
Lawrence Jengar Aug 15, 2025 09:31 The Hong Kong Monetary Authority announces the re-opening tender for 3-year RMB HKSAR Institutional Government Bonds, aiming to support infrastructure projects with an additional RMB1.25 billion offering. The Hong Kong Monetary Authority (HKMA) has announced a significant tender for the re-opening of 3-year Renminbi (RMB) Hong Kong Special Administrative Region (HKSAR) Institutional Government Bonds. This tender, scheduled for Thursday, 21 August 2025, underscores the region’s ongoing commitment to infrastructure development, according to the Hong Kong Monetary Authority. Details of the Bond Offering The tender will involve the…