Author: Digicoinvision
Bitcoin’s record-breaking rally hit a pause this week as shifting U.S. policy signals triggered a sharp pullback. After surging to an all-time high of $124,457 on August 13, BTC plunged as low as $117,477 on Friday morning before stabilizing around $119,000. The 5% drop followed U.S. Treasury Secretary Scott Bessent’s comments ruling out additional government Bitcoin purchases for strategic reserves, sparking $1 billion in leveraged liquidations. Despite the correction, on-chain data suggests the market may be setting up for another leg higher. Exchange netflows have dipped to levels historically seen before major bull runs in 2017 and 2021, signaling reduced…
SharpLink’s Q2 results show an $87.8 million non-cash impairment on LsETH, but the company remains fully committed to its multibillion-dollar ETH treasury strategy. With 728,804 ETH locked in and compounding, SharpLink appears to play a longer game than quarterly reports suggest. Summary SharpLink reports Q2 2025 results with $87.8 million non-cash impairment on liquid staked ETH. The company holds 728,804 ETH, worth roughly $2.6 billion, and continues aggressive accumulation. No ETH was sold or redeemed; staking continues, generating ongoing rewards. On August 15, SharpLink Gaming, Inc. (NASDAQ: SBET) announced its its Q2 2025 earnings, revealing an $87.8 million non-cash impairment…
In an exclusive interview with Cointelegraph, crypto commentator Udi Wertheimer lays out a provocative thesis: Over the last five years, institutions have been quietly buying out old Bitcoin (BTC) holders — and it’s reshaping the market in a way few have appreciated.“For the last five years, they’ve been buying out old holders of Bitcoin,” Udi explains. “Both kind of old Bitcoin maxis, but also… people who always had some portion of Bitcoin and have been selling it over time to get into ETH (ETH) or Solana (SOL) or whatever.”Those new buyers aren’t flippers, they’re “forced buyers.” Udi points to Michael…
Despite still trading within the single-digit territory, the XRP price is reportedly getting ready for one of the most dramatic rallies in crypto history. Market expert ‘Crypto Sensei’ predicts that the cryptocurrency could soar by more than 44,000%, potentially breaking past the $1,000 mark. The analyst noted that strong capital inflows have ignited a powerful market capitalization multiplier effect, setting the stage for this projected surge. XRP Price Set For Monumental Surge To $1,437 XRP could be on the brink of a historic price breakout, according to a new market analysis by Crypto Sensei. In a recent video on X…
SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 — a year-over-year change of -25,980%.According to a Friday announcement, SharpLink now holds 728,804 Ether (ETH) worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As cryptocurrency gained significant recognition in the financial sector, Ethereum is experiencing notable adoption at the institutional level, with big firms hoarding the altcoin in their treasury reserves. Following this massive wave of accumulation from individuals and institutions, Tom Lee believes ETH could become the leading asset in the future, as the financial system evolves. The Next Biggest Investment Story Is Ethereum In the midst of robust adoption and interest in Ethereum, Tom Lee, the co-founder of Fundstrat Global Advisors, has dropped a bullish comment about the…
Key Takeaways JasmyCoin rose 12% as Open Interest inflows surged and memecoin sector growth stayed positive. While sentiment remains bullish, $2.3 million in recent spot selling could test the rally’s strength and pressure overleveraged long positions. Following a 27% rally last week, JasmyCoin [JASMY] added another 12% in recent sessions, extending its upward trajectory. The move aligned with broader memecoin sector gains, but spot market selling could temper the momentum. Derivatives push on JASMY remain strong After a brief bearish phase dominated by shorts, the OI-Weighted Funding Rate flipped positive, reaching 0.0143, at the time of writing. This shift reflected…
Maximilian Obwexer had a problem. He was heating his home in Austria with conventional heating oil, and it was expensive. A tinkerer by nature, and a former engineer having worked on hydropower plants, he was trying to find a better way to heat his home. After many rounds of experimentation and having delved down the Bitcoin (mining) rabbit hole, three years ago he founded a company devoted to the effort. His company, 21energy, makes well-balanced, sturdy, and incredibly beautiful (and incredibly quiet!) miners for home use. The early models of Ofen 1 boasted up to 10 TH/s, while the premium…
Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts.The crypto asset sentiment index rose from 0.23 to 0.91 within a week, according to Max Shannon, senior research associate at crypto index fund manager Bitwise.Google searches for altcoins and Ethereum also rose to a multiyear high, reminiscent of prior bear markets, which may signal a growing investor mindshare for altcoins and Ether (ETH), following Bitcoin’s latest all-time high above $124,000.These developments mark a “classic froth-infused behaviour that can precede buyer exhaustion,” said Shannon in…
Ether exchange-traded funds (ETFs) scored another $640 million in inflows, marking their eighth consecutive day in the green, while bitcoin ETFs logged a seventh straight day of gains with $231 million despite sharp outflows in several major funds. Record-breaking trading volumes underscored the market’s feverish pace. Ether ETFs Extend Streak to 8 Days With Bitcoin […]