12 Aug 2025, 06:56

Ether ETFs see record $1B inflows as ETH flashes bull signs

Spot Ether ETFs had their biggest net inflow day ever on Monday, outpacing their Bitcoin counterparts amid ETH's recent really.

12 Aug 2025, 06:55

Trump congratulates Grant Forrest on Inaugural Nexo Championship victory

In this post: Grant Forrest wins the inaugural Nexo Championship at Trump International Golf Links in Scotland. Forrest bagged a $10,000 bonus, $50,000 in NEXO Tokens, and $467,500 in prize money. U.S. President Donald Trump video-called Forrest to congratulate him on his achievement. The inaugural Nexo Championship at Trump International Golf Links in Scotland just ended on August 11, with Grant Forrest taking the first spot. He earned a course record bonus and also a congratulatory call from U.S. President Donald Trump himself. The Nexo-sponsored championship is part of the DP World Tour, and Grant Forrest didn’t hide his excitement to win on home soil. It’s the first time the DP World Tour has visited Trump International Golf Links and the first event to have a crypto award. Forrest receives $50K NEXO tokens After breaking the course record with a second round 66 (-6) at Trump International, Grant Forrest won himself $10,000 as well as an additional $50,000 award in NEXO Tokens 💰 #NexoChampionship | @Nexo — DP World Tour (@DPWorldTour) August 11, 2025 Forrest faced off a fierce competition from South Africa’s Richard Sterne as the event teed off on August 8 at Trump International Golf Links in the north-east of Scotland. The Scotsman started strong on day one, finishing a shot ahead after hitting a six-under round of 66. None of the other players managed to beat that score for the remainder of the competition. Forrest’s day one feat claimed him the first course record in the DP World Tour event. He also got the first award of digital tokens over and above his $10,000 bonus. The player received $50,000 in NEXO Tokens, bringing his total bonus winnings to $60,000. “Thank you very much to Nexo. It’s been a great pleasure to accept $10,000 in cash and $50,000 in NEXO vouchers in this great initiative in the DP World Tour.” – Grant Forrest. U.S. President and course owner Donald Trump video-called Forrest to crown his achievement and congratulated him on his success. Trump also invited the Scotsman to come play a round at Trump National Golf Club in Washington, D.C., saying he’s looking forward to playing with him “tomorrow if he could get on a plane!” The President praised Forrest’s incredible golf swing while he was playing at the Washington-based golf course at the time. Forrest entered the final round with a three-shot lead and managed to finish the tournament with an impressive four-shot victory. The Scotsman’s achievement secured him $467,500 in prize money, pushing his total winnings to over $500K. DP World Tour moves to Danish Golf Championship Although Forrest’s course record at Trump International Golf Links still holds for now, more events in the DP World Tour are to come. Other players are yet to compete for more opportunities for the Course Record Award Presented by Nexo in the upcoming events. The Danish Golf Championship follows next, while the Nexo-sponsored Course Record Award will still be included till the DP World Tour Championship in Dubai. After that, the event will begin all over again the next year. Nexo said that it was delighted to have been able to put its name to the DP World Tour. The company added that it was also glad the inaugural tournament turned into such a memorable event, earning the approval of everyone from the spectators at the links course to President Trump. Nexo also acknowledged that the outstanding performance by Grant Forrest reflects everything that their vision stands for: perseverance, dedication, and commitment to excellence.

12 Aug 2025, 06:54

Bloomberg Analyst Says “Bitcoin Won’t Save You in a Market Downturn,” Shares His Opinion

Bloomberg Intelligence analyst Athanasios Psarofagis said that Bitcoin (BTC) did not provide investors with the expected protection during market declines, while gold showed a more stable performance. Speaking to Scarlet Fu, Katie Greifeld and Eric Balchunas on the “ETF IQ” program, Psarofagis stated that gold holds up better on days when the S&P 500 falls, while Bitcoin remains weak these days. “When the market is bullish, Bitcoin offers much higher potential returns than gold,” Psarofagis said. However, on bearish days, gold is clearly ahead. Recalling that Bitcoin is often referred to as a “hedge against inflation” or a “market hedge,” the analyst explained that in reality, it's more of a “hedge against the global money supply.” Related News: Whales Focus on One Altcoin: They Are Accumulating It Heavily Psarofagis, noting that gold isn't a perfect hedge either, said, “Both are volatile assets, but Bitcoin is more fragile. The real problem is that it's not clear exactly what Bitcoin is: a currency, a store of value, or a speculative asset.” Psarofagis stated that Bitcoin's supply being limited to 21 million and the fact that it cannot be replicated by governments is attractive to investors, adding that Bitcoin did not provide the expected support during market declines when “technology stocks fell” but performed strongly during periods of rise. *This is not investment advice. Continue Reading: Bloomberg Analyst Says “Bitcoin Won’t Save You in a Market Downturn,” Shares His Opinion

12 Aug 2025, 06:52

Ethereum Breaks Four-Year Consolidation, Sparking Speculation for Potential Major Rally

Ethereum’s recent breakout from a four-year consolidation period signals a potential rally, driven by increasing institutional interest and historical patterns. Ethereum’s breakout indicates the next phase after its historic 54X

12 Aug 2025, 06:50

Ethereum (ETH) Price Prediction for August 13

After a strong rally from July’s low of about $2,380, the price of Ethereum is now holding steady below $4,300. On the 4H chart, price action has moved up to the top of a rising wedge pattern. Resistance is close to $4,352 and support is close to $4,232. Whether buyers can keep control above this mid-range level will determine the short-term structure. Ethereum Price Forecast Table: August 13, 2025 Indicator/Zone Level / Signal Current Price $4,293.74 Resistances $4,303.76, $4,352.88, $4,460, $4,800 Supports $4,232.38, $4,194.45, $4,111.89, $4,011.90 EMA levels (4H) EMA20 $4,194.45, EMA50 $4,011.90, EMA100 $3,844.24, EMA200 $3,584.84 RSI (30-min) 55.10 (signal 54.95) MFI (Daily) 68.17 VWAP (30-min) $4,284.64 (upper $4,303.76, lower $4,265.52) Bollinger Bands (4H) Mid $4,232.38, Upper $4,352.88, Lower $4,111.89 Pattern Rising wedge Liquidity zones Buy-side above $4,800 weak high; sell-side $4,194.45–$4,111.89 What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) ETH price has broken through a long-held descending resistance line on the weekly chart and pushed through the supply zone between $4,000 and $4,100. The breakout has pushed the price up t… The post Ethereum (ETH) Price Prediction for August 13 appeared first on Coin Edition .

12 Aug 2025, 06:49

Teamwork Pays Off! Join HTX’s 12th Anniversary Futures Team Challenge and Share a 120,000 USDT Prize Pool

Panama City, 12 August 2025 – 2025 marks the glorious 12th anniversary of HTX, a leading global crypto exchange. To thank our global users for their continued support and trust, HTX is launching the Futures Team Challenge, a brand new team competition where traders can team up to fight for glory and a share of a 120,000 USDT prize pool. Register now for HTX’s 12th Anniversary Futures Team Challenge. Form a team, rally your friends, and register on the event page to get in the game! Rally Your Crew, Reach for the Stars The challenge has two phases: the team-up period and the trading period. Participants can create their own teams or join existing ones on the event page. A team is considered successfully formed when it has at least 5 members, with a maximum of 100 members allowed. ● Team-up Period: 04:12 (UTC) on Aug 12, 2025 – 04:11 (UTC) on Aug 22, 2025 ● Trading Period: 04:12 (UTC) on Aug 22, 2025 – 04:12 (UTC) on Sept 12, 2025 During the challenge period, team members can bolster their team’s trading volume by trading futures with a volume of at least 30,000 USDT. The top 20 teams with the highest cumulative trading volume will qualify to split 120,000 USDT in $HTX . Transparent Prize Distribution The prize pool distribution is completely transparent: The champion team receives an exclusive 20% of the prize pool, approximately 24,000 USDT. The 2nd-place team receives 15% . The 3rd-place team receives 10% . Teams ranked 4th-10th equally split 30% . Teams ranked 11th-20th equally share the remaining 25% . Within each winning team, the rewards are distributed as follows: The team leader automatically receives 10% of the team’s prize. Team members ranked 1st, 2nd, and 3rd by individual trading volume receive 30% , 20% , and 10% respectively. Other team members with a futures trading volume of ≥30,000 USDT will share the remaining 30% of the rewards in proportion to their trading volume, with the reward for any single member capped at 7% . Join the trading frenzy! Trade now and celebrate HTX’s 12th Anniversary This Futures Team Challenge brings together elite traders. It’s not only a battle of trading skills and strategies but also a true test of teamwork. The champion team leader will take home at least 5,000 USDT . Here’s how to participate: Step 1: Log in to your HTX account (If you don’t have an account, please sign up here >>>); Step 2: Visit the event page and create/join a team. Guided by its core philosophy of “Putting Users First”, HTX continues to launch innovative platform events and offers global users a diverse trading experience. As our 12th anniversary marks a new beginning, HTX will keep advancing product development to provide users with higher-quality, safer, and more efficient trading services. The post Teamwork Pays Off! Join HTX’s 12th Anniversary Futures Team Challenge and Share a 120,000 USDT Prize Pool first appeared on HTX Square .