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Bitcoin.com News

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Bitcoin.com News

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  • $1.9 Billion Pulled From Bitcoin and Ether ETFs in 4 Days as Outflow Streak Hits Hard Bitcoin ETFs lost $312 million and ether ETFs shed $240 million on Wednesday, extending the heavy outflow streak to a fourth consecutive day. In total, crypto ETFs have now seen $1.9 billion leave over the past four trading sessions. Bitcoin ETFs See $312 Million Exit, Ether Funds Lose $240 Million in Relentless Selloff The selloff in crypto exchange-traded funds (ETFs) is showing no signs of slowing. For the fourth day in a row, both bitcoin and ether funds bled capital, with a combined $552 million flowing out on Wednesday, Aug. 20, alone. Investors, spooked by macro headwinds and risk-off sentiment, are now driving one of the heaviest weekly ETF outflow streaks in months. Bitcoin ETFs recorded $311.57 million in net outflows. Institutional favorite, Blackrock’s IBIT was hit hardest, losing $220 million in a single session. Ark 21Shares’ ARKB followed with a $75.74 million exit, while Grayscale’s GBTC and Fidelity’s FBTC shed $8.98 million and $7.46 million, respectively. Only Bitwise’s BITB managed to post a marginal inflow of $619.81K, barely denting the sea of red. Trading remained active at $3.44 billion, but net assets steadied at $147.02 billion. $1.9 Billion Pulled From Bitcoin and Ether ETFs in 4 Days as Outflow Streak Hits Hard Source: Sosovalue Ether ETFs were not spared. They logged $240.14 million in outflows, led by a massive $257.78 million loss on Blackrock’s ETHA. Some relief came from inflows into Grayscale’s Ether Mini Trust (+$9 million) and Fidelity’s FETH (+$8.64 million), but it wasn’t enough to offset the damage. Trading volumes stood at $2.65 billion, with net assets at $26.86 billion. In just four days, the damage has piled up. Together, bitcoin and ether ETFs have seen a staggering $1.9 billion in capital outflows, underscoring a sharp shift in investor sentiment after weeks of historic inflows.
  • Best Meme Coins of 2025: 3 Tokens Under $1 Worth Considering, Including Little Pepe (LILPEPE) and 2 Others. If history has taught us anything in crypto, it’s that meme coins don’t ask for permission; they just run. From Dogecoin’s billion-dollar leap to SHIB’s jaw-dropping debut, fortunes have been made in weeks, not years. As the market gears up for the most explosive bull run since 2021, a handful of sub-$1 meme coins are building momentum that could turn early buyers into legends. Here are three tokens already flashing the signs we’ve seen before every significant meme coin surge: Little Pepe (LILPEPE): A micro-cap, Layer-2 powered meme ecosystem attracting massive presale demand. Brett (BRETT): Freshly listed on Binance US, gaining unprecedented accessibility in a heavily regulated market. Pudgy Penguin (PENGU): Whale-backed, exchange-listed, and on the edge of a breakout to new highs. Little Pepe (LILPEPE): The Early Entry Jackpot? Every bull market has a few names people regret not touching when they were still pennies. Little Pepe could easily be one of 2025’s biggest “I wish I bought it earlier” stories. What sets LILPEPE apart is that it’s not just another ERC-20 meme token floating on hype alone. It’s launching as part of a Layer-2 EVM-compatible ecosystem dedicated to meme coin innovation. This isn’t theory; it’s already live in presale with over $18 million raised and nearly 12 billion tokens sold, steadily climbing from $0.001 to $0.0019. The planned listing price of $0.003 means presale buyers already look at a built-in 66% upside before the public even touches it. But the tech stack is where things get interesting. The Pepe Launchpad will be the first meme-focused presale hub running on its own Layer-2, providing fast, cheap, tax-free transactions and built-in sniper bot resistance, a key fix for the chaotic nature of meme launches. This turns Little Pepe from just another meme coin into the gateway for a new generation of meme projects. Little Pepe has already completed the CoinMarketCap listing and is preparing for a significant CEX debut. Meanwhile, the $777K giveaway injects constant social media chatter, amplifying visibility at the perfect pre-launch moment. These are textbook ingredients for a parabolic run, the same conditions we saw before BONK’s 100x or PEPE’s billion-dollar rally. With a micro-cap advantage, early entry pricing, and a narrative that blends meme culture with actual infrastructure, LILPEPE’s runway to a 100x–500x in the coming bull run is becoming the default expectation for early believers. Miss it; this could be the one you replay in your head a year from now. Brett (BRETT): Gaining U.S. Market Muscle BRETT has been working to break through the ceiling of mid-tier meme coins, and the Binance US listing is its most important milestone yet. This listing is more than symbolic. It unlocks a massive liquidity pool and builds the foundation for future listings on other major exchanges like Coinbase. BRETT’s current price is still over 70% below its all-time high, meaning a return to peak levels would be a 325% rally. In a bull market fueled by meme coin mania, that target isn’t unrealistic, especially with the added legitimacy of its new U.S. availability. Brett Price Chart | Source: CoinGecko For traders looking for a meme coin that’s already battle-tested but still has room to grow, BRETT’s combination of market presence and recent accessibility upgrades makes it one to watch closely. Pudgy Penguin (PENGU): The Quiet Whale Accumulation Play PENGU is currently in a favorable technical position, maintaining its position close to its annual peak while silently consuming supply. Back-to-back exchange listings, including Bitstamp by Robinhood and Arkham Exchange, have expanded access for retail traders and institutional desks. PENGU Price Chart | Source: CoinGecko On-chain data shows an apparent uptick in whale holdings, a classic sign that smart money is positioning before the next move. Analysts point to a bullish flag formation with a potential breakout target near $0.11, nearly triple the current price if the structure plays out. Unlike flash-hype meme coins, PENGU’s growth has been methodical, combining steady liquidity injections with accumulation from large holders. This patient base-building could set up a sudden, sharp rally once the next wave of retail FOMO hits. The Bull Market Doesn’t Wait Meme coins are volatile, irrational, and risky. Some of the fastest gains in crypto history have also occurred in these coins. The key is catching them before the rocket ignites. Little Pepe, Brett, and Pudgy Pengall bring something unique, from micro-cap entry with tech utility to expanded U.S. market access to stealth whale-backed accumulation. Liquidity surges and viral narratives drive the market, positioning these three to move quickly when momentum shifts. Among them, Little Pist is the pure early entry bet: a presale-stage, ecosystem-backed meme coin with multiple catalysts converging in real time.
  • Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review Google Play Store snafu, Blackrock clarifies XRP ETF stance, ETH surges to $4,700, and more in this Week in Review. Week in Review Google clarified that self custody wallets would not be banned from the Play Store after confusion over a July policy update. Blackrock addressed speculation about a spot XRP ETF. Ethereum surged past $4,700, its highest since 2021. Ripple positioned itself to capitalize on a projected $19 trillion tokenization wave. Meanwhile, Coinbase CEO Brian Armstrong likened crypto’s adoption moment to Netflix overtaking Blockbuster. Google Play Store Clears the Air: Non-Custodial Wallets Will Not Be Banned Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review What was likely an honest mistake in a seemingly innocuous Google Play Store policy update in July,… read more. Editor’s comment: This was a rare misstep that shows the immense power Apple and Google have over most people’s lives. Blackrock Clarifies XRP ETF Stance as Traders Double Down on Approval Odds Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review Speculation over a potential spot XRP ETF is electrifying crypto markets as legal clarity, institutional momentum… read more. Editor’s comment: Eric Balchunas puts a spot XRP ETF at 90+ percent. ETH Surges to $4,700, Nearing All-Time High Amid Bitmine’s $20B Plan Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review Ethereum surged over 10% on Aug. 13, reaching $4,780, its highest price since November 2021, and marking… read more. Editor’s comment: Importantly, the ETHBTC chart still looks like it is solidly in an uptrend. Ripple Eyes $19 Trillion Tokenization Boom as Institutional Adoption Accelerates Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review Ripple is positioning itself at the forefront of a $19 trillion revolution, as institutional-grade custody accelerates… read more. Editor’s comment: If we are still early adopters of crypto assets, then we are incredibly early to real-world assets. Coinbase CEO Urges Early Action as Crypto Hits Netflix vs Blockbuster Moment Google Play Store Crypto Snafu, Blackrock Clarifies XRP ETF Stance, and More — Week in Review Crypto adoption is exploding as businesses go on chain to stay ahead, with the Coinbase CEO calling it a… read more. Editor’s comment: Speaking of early, Mr. Armstrong frames crypto adoption as Netflix vs. Blockbuster. Do you agree?
  • SEC Chairman Paul Atkins Says Project Crypto Will Provide ‘Clarity and Certainty’ SEC Chairman Paul Atkins Says Project Crypto Will Provide ‘Clarity and Certainty’ The Trump nominee made the comments during a televised news interview early Friday morning on Fox Business. Paul Atkins Once Again Pledges Clearer Crypto Guidelines From the SEC Project Crypto, a bold new initiative currently being undertaken by the U.S. Securities and Exchange Commission (SEC) will primarily focus on providing “clarity and certainty” to industry players. That’s what SEC Chairman Paul Atkins emphasized during a Fox Business television interview on Friday morning hosted by anchor Maria Bartiromo. The initiative was officially launched last month after the Trump administration released the President’s Working Group on Digital Asset Markets recommendations, a 160-page roadmap for making America “the crypto capital of the world.” Atkins once described the document as a call to arms of sorts, or more precisely “a commission-wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move onchain.” And now, the Vanderbilt University School of Law graduate is doubling down on that characterization and emphasizing clarity and certainty as the ultimate outcomes of the project. “For too long now, there was a lot of guesswork and there was, I would say, a hostile environment as far as people trying to innovate,” Atkins explained to Bartiromo. “We’re changing that. Our goal is to give clarity and certainty.” Atkins also briefly touched on the need to allow public access to private equity. Last week, U.S. President Donald Trump signed an executive order that will allow 401(k) retirement plans to hold alternative assets such as private equity, real estate, and crypto.
  • Bitcoin drops sharply to $117,719 per coin before rebounding back above $119,000.
  • ETH Surges to $4,700, Nearing All-Time High Amid Bitmine's $20B Plan ETH Surges to $4,700, Nearing All-Time High Amid Bitmine's $20B Plan Ethereum surged over 10% on Aug. 13, reaching $4,780, its highest price since November 2021, and marking a nearly 30% increase since trading below $3,600 on Aug. 6. Institutional and Analyst Outlook Ethereum ( ETH) closed in on its all-time high on Aug. 13 after surging by more than 10% in 24 hours to reach $4,700 for the first time since November 2021. Since Aug. 6, when it briefly traded below $3,600, ETH was up by nearly 30% in less than seven days, making it the standout performer among altcoins. ETH Surges to $4,700, Nearing All-Time High Amid Bitmine's $20B Plan ETH’s rally to $4,708 (5.15 a.m. EST) also helped to push the cryptocurrency ecosystem’s total market capitalization back up above $4.1 trillion. The number two digital asset’s latest rally obliterated over $250 million in short bets in just 24 hours, a figure nearly 10 times that of bitcoin ( BTC) shorts wiped out. The cryptocurrency’s rally has resulted in a large majority of the ETH supply being in profit. One key opinion leader (KOL), Ted Pillows, puts the figure of ETH supply in profit closer to 100%. “ ETH supply in profit is now at 97.22%. This will be 100% real soon,” the KOL stated. The digital asset’s surge coincided with reports that the ethereum treasury company Bitmine Immersions wants to raise $20 billion, which will be used to bolster its ETH holdings to 5% of the total circulating supply. These reports come just days after Bitmine upped its ETH holdings to 1,150,263, bringing the value of its crypto treasury above $5 billion. As reported by Bitcoin.com News, the ethereum treasury company’s ETH stash made it the third-largest holder of cryptocurrency treasury assets globally. Only Michael Saylor’s Strategy and Marathon Digital Holdings have larger holdings. Capital Rotation Although Bitmine’s plan is seen as impacting the ETH supply-demand structure, Bitunix Analyst cautions that such a plan is a mid- to long-term factor that is unlikely to “change the immediate selling pressure at the historical supply zone.” Furthermore, the Bitunix warns that increased institutional adoption often leads to rising liquidity concentration, which in turn amplifies gains during bull runs but accelerates declines during pullbacks. Meanwhile, Koroush AK, the founder of Zero Complexity Trading, stated that when ETH starts outperforming BTC, it is a signal that capital is flowing into ethereum. “This is your early warning that the next wave of money could hit large-cap altcoins. Looking at the ETH/ BTC chart allows you to clearly map out the strength on ETH,” AK wrote on X. The founder added that once ETH starts to show “clear strength” over BTC, it means “large-cap altcoins like SOL, SUI, AVAX, and XRP are usually next in line.” AK nevertheless warns that this capital rotation “can reverse fast.”
  • Paxos has applied for a national trust charter with the U.S. Office of the Comptroller of the Currency to expand federal oversight and reinforce its leadership in regulated blockchain infrastructure.
  • Economist Warns Bitcoin Is Tied to Nasdaq’s Fate Amid ‘TechBubble2’ Concerns Economist Henrik Zeberg has expressed concerns about bitcoin, labeling it a “highly risk-prone asset” and linking its price movements to the Nasdaq. He warns that a downturn in the Nasdaq could lead to a significant decline in bitcoin’s value. Bitcoin Labeled a ‘Risk-Prone Asset’ In a recent analysis, economist Henrik Zeberg raised concerns about the future of bitcoin (BTC), labeling it a “highly risk-prone asset” rather than a unique investment opportunity. Zeberg argues that bitcoin’s price movements are closely aligned with those of the Nasdaq, suggesting both are part of a developing phenomenon he calls “TechBubble2.” The term reflects his belief that current market conditions mirror previous tech bubbles, which ultimately led to substantial crashes. According to Zeberg, a downturn in the Nasdaq could have dire consequences for bitcoin, potentially triggering a significant decline in its value. In a post on X, Zeberg warned investors to be cautious of “bubble euphoria,” a sentiment that often accompanies speculative markets. He said this euphoria can cloud judgment, leading many to dismiss the risks associated with investing in BTC. “The relationship between Bitcoin and the Nasdaq is quite simple,” Zeberg stated. “As the tech sector faces challenges, so too will Bitcoin. Investors must be prepared for the possibility of a market correction.” Zeberg’s assertion that the Nasdaq is in a bubble is echoed by many experts who cite metrics like the “Buffett Indicator” — the market cap-to-GDP ratio — which is reportedly at 170%, well above levels seen before the dot-com bubble. This level suggests stocks may be significantly overvalued relative to the size of the economy. Technical analysts have also pointed to “warning signs” in the market, such as a broadening top pattern in major indexes — a formation that signals increasing volatility and the potential for a significant downturn. However, other experts reject this view, arguing that unlike previous bubbles, current market conditions are supported by robust corporate fundamentals. They point to strong profit margins and solid balance sheets across corporations. Meanwhile, Zeberg’s analysis suggests that the market top for both BTC and tech stocks may coincide with an impending recession. As economic conditions shift, the potential for a market crash increases, raising alarms for investors who may be caught off guard. “Understanding the broader economic context is crucial for making informed investment decisions,” Zeberg said. “Investors should not only focus on the allure of Bitcoin but also consider the risks that come with it.”
  • New Investment Bank Law in El Salvador Opens Doors to Bitcoin Products The new Investment Bank Law will allow so-called “sophisticated investors” to take advantage of innovative opportunities, which may include bitcoin or crypto-based products issued to seek funding, thereby opening the doors to a more dynamic crypto ecosystem in El Salvador. Investment Bank Law Puts Bitcoin Front and Center in El Salvador The newly approved Investment Bank Law aims to turn El Salvador into a fintech hub in Latin America, including bitcoin and crypto assets as a relevant part of this future. The law, passed by the National Assembly on August 7, recognizes investment banks as different structures compared to standard banks and allows them to offer more tools, like bitcoin and crypto assets, to entice “sophisticated investors.” These institutions, which will need to have a capital of at least $50 million, will cater to this kind of investor, who will have to be certified as having financial market knowledge and possessing at least $250,000 to operate. The new investment banks will accommodate several use cases, encompassing fundraising processes, offering credit and financing opportunities, organizing foreign exchange operations, and establishing guarantees, among other complementary services. The law states: Investment banking entities may apply to the competent authorities for authorization to carry out activities as digital asset service providers, digital asset issuers, and bitcoin service providers; always directed exclusively at sophisticated investors. This hints at the issuance of tokenized bonds or other instruments that could expedite fundraising and asset distribution processes, operations that were limited to traditional institutions before. For effectively performing these functions, investment banks will have the opportunity to rely on third parties to manage digital asset custody and operations. Dania González, a representative from Bukele’s Nuevas Ideas (New Ideas) party, explained that this will attract large capital to come to El Salvador, offering regulated operations with bitcoin, stablecoins, gold, and tokenized bonds. It will “help businesses, governments, and other organizations secure funding to finance large projects, such as building public infrastructure, launching new products, or expanding into other countries,” she added.
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