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11 Aug 2025, 16:28
Solana Price Prediction: SOL Is One Level Away From Going Parabolic – $10,000 SOL Target Back in Sight
A fresh wave of retail liquidity is pushing SOL closer to a 3-year brewing breakout, but a stacking catalyst for demand could send the Solana price outlook parabolic. The altcoin continues to notch higher lows since mid-April, with a 12% surge over the past week marking the third bottom as bullish momentum builds. This strength is backed by a Trump-signed executive order granting crypto assets exposure to the $9 trillion 401(k) retirement investment market , with the potential to benefit Solana. Speculators now anticipate up to four U.S. interest rate cuts before year-end, starting as early as September, with the potential to stimulate new inflows into risk assets like crypto. Rate cuts in September pic.twitter.com/7c7zvnqnLp — Quinten | 048.eth (@QuintenFrancois) August 10, 2025 Still, near-term volatility is likely, with the August 12 PPI and August 14 CPI inflation readings set to influence the Fed’s rate-cut timeline. Solana Price Analysis: $10,000 SOL Within Reach? This sequence of higher highs has tracked along the lower support trendline of an ascending channel in play since 2022, now nearing its apex. SOL / USDT 1-day chart, 3-year ascending triangle. Source: TradingView, Binance. The breakout threshold sits near $280, but with the latest higher low and momentum indicators flipping bullish for the first time since July, a move could be building for a retest. The RSI has reclaimed bullish territory above the neutral line at 55, suggesting buyer dominance. Meanwhile, the MACD formed a golden cross over the weekend, crossing above the signal line, often marking the start of a mid-term uptrend on the daily timeframe. In a breakout scenario, Solana could surge toward $1,000 for a potential 470% gain, driven by deeper U.S. TradFi integration. With possible 401(k) adoption, and the October 10 deadline for a spot Solana ETF approval, the added fuel of rate cuts could attract significant retail and institutional interest. BREAKING: BLOOMBERG’S ETF ANALYSTS HAVE RAISED APPROVAL ODDS FOR MOST SPOT CRYPTO ETFS TO OVER 90 PERCENT. THE GREEN LIGHT IS LOOKING CLOSER THAN EVER pic.twitter.com/8M9PGZCBm4 — DustyBC Crypto (@TheDustyBC) June 21, 2025 However, the pattern’s full breakout potential sits around $10,000, though this will likely be realised with sustained long-term demand and ecosystem adoption extending into the next market cycle. As breakout narratives like RWA mature, platforms like xStocks will likely prove central to this target, with Solana’s emerging role as the go-to for tokenized equity. Bullish Sentiment Is Returning – Here’s How to Make the Most of It The altcoin market is heating up, and those who move early are the ones capturing the biggest gains as fresh retail liquidity floods in. That’s where Snorter ($SNORT) comes in. It’s a trading bot designed to detect early momentum and help traders position themselves before the crowd arrives, where the real upside lies. Snorter isn’t just another bot. It’s built for precision, with limit-order sniping to secure the best entry prices, MEV-resistant swaps that prevent other traders from cutting in line on your transactions, copy trading to replicate the moves of proven top performers, and rug-pull protection that flags suspicious tokens before you buy. Getting in early is only half the battle. Knowing exactly when to take profits can be the difference between a small win and a life-changing trade, and that’s where Snorter gives you the edge. The project is off to a strong start, $SNORT has already raised over $2.5 million in its initial presale weeks, likely driven by its high 147% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . Click Here to Participate in the Presale The post Solana Price Prediction: SOL Is One Level Away From Going Parabolic – $10,000 SOL Target Back in Sight appeared first on Cryptonews .
11 Aug 2025, 16:27
Bitcoin Eyes New All-Time High Amid Selling Pressure Near $123,218
Bitcoin is currently facing selling pressure near $123,218, but if it maintains above $117,000, it is poised to reach a new all-time high. Bitcoin’s price is currently above $120,000, indicating
11 Aug 2025, 16:25
Fundamental Global gains as co eyes 10% ethereum stake, now holds 47,331 ETH
More on Fundamental Global, Ethereum USD VanEck Crypto Monthly Recap For July 2025 Crypto Bounce: Bitcoin And Ethereum Play Catch-Up To Stock Market Highs Profit Taking Continues To Weigh On Cryptocurrencies Ether briefly tops $4,300 for the first time in over 3 years SharpLink Gaming raises $200M in direct stock sale to buy more ether
11 Aug 2025, 16:25
XRP Futures Open Interest Surpasses $1 Billion on Binance Amid Market Reactions to Ripple Developments
XRP recently surpassed $1 billion in open interest on Binance, reflecting heightened trading activity as investors respond to recent Ripple developments. XRP Futures Open Interest reached $1.33 billion on Binance,
11 Aug 2025, 16:25
Ethereum Whale Makes Massive $51.5M ETH Acquisition, Holdings Soar to $1 Billion
BitcoinWorld Ethereum Whale Makes Massive $51.5M ETH Acquisition, Holdings Soar to $1 Billion The cryptocurrency world is buzzing with news of an incredible transaction: an Ethereum whale has just made a monumental move, acquiring an additional $51.5 million worth of ETH. This significant acquisition pushes their total ETH holdings to an astonishing $1 billion across seven digital wallets. Such a large-scale crypto investment often signals strong confidence in the asset and can have a ripple effect across the broader crypto market . What Just Happened with This Ethereum Whale? According to data from Onchain Lens on X, a substantial entity – whether an individual whale or an institution – purchased 12,020 ETH from FalconX. This single transaction, valued at approximately $51.51 million, dramatically increased their existing reserves. Their total ETH holdings now stand at 233,186 ETH, collectively valued at a staggering $1 billion. This massive acquisition highlights a growing trend among significant players in the digital assets space. When such large amounts of capital are deployed, it draws considerable attention, prompting questions about market sentiment and future price movements for Ethereum. Why Do Large ETH Holdings Matter for the Crypto Market? The accumulation of such substantial digital assets by a single entity is not just a fascinating data point; it carries significant implications. Large holders, often referred to as “whales,” possess the power to influence market dynamics due to the sheer volume of their assets. Their buying or selling activities can create notable price fluctuations, impacting both retail and institutional investors. Market Confidence: A whale accumulating more ETH often indicates strong conviction in Ethereum’s long-term value and its ecosystem. Supply Dynamics: Large purchases can reduce the available supply on exchanges, potentially leading to upward price pressure if demand remains constant or increases. Trend Indicator: Other investors frequently watch the moves of major holders as an indicator of market direction or potential shifts in the crypto market . Is This a Sign of Increased Institutional Crypto Investment? While the identity of this specific Ethereum whale remains undisclosed, such large-scale transactions are often associated with institutional players or very high-net-worth individuals. The involvement of platforms like FalconX, which caters to institutions, further supports this possibility. Increased institutional crypto investment is a critical driver for market maturity and mainstream adoption. We have seen a consistent trend of institutions exploring and entering the cryptocurrency space, particularly with established assets like Ethereum. This whale’s move could be part of a broader strategy to diversify portfolios or capitalize on perceived undervaluation, suggesting a bullish outlook for ETH. What Does This Mean for Future ETH Price and Digital Assets? While one large purchase doesn’t guarantee a specific outcome, it certainly adds to the bullish narrative surrounding Ethereum. The continued accumulation by significant holders suggests a belief in Ethereum’s fundamental strength, its ongoing technological advancements (like the Dencun upgrade), and its crucial role in the decentralized finance (DeFi) and NFT ecosystems. Monitoring the collective behavior of large ETH holdings can offer valuable clues about potential future price trajectories. This recent acquisition is a powerful reminder of the substantial capital flowing into the digital assets space, reinforcing Ethereum’s status as a cornerstone of the crypto economy. In conclusion, the astonishing $51.5 million ETH acquisition by a prominent whale, pushing their total holdings to a remarkable $1 billion, is a testament to the enduring appeal and perceived value of Ethereum. This significant crypto investment underscores growing confidence among major players and could very well serve as a strong indicator for the future trajectory of the second-largest cryptocurrency. As the crypto market evolves, such large movements will continue to capture attention and shape narratives. Frequently Asked Questions (FAQs) 1. Who is considered an “Ethereum whale”? An Ethereum whale is an individual or entity holding a very large amount of ETH, enough to potentially influence market prices through their transactions. Their significant ETH holdings make their moves closely watched in the crypto market . 2. How do large ETH acquisitions impact the crypto market? Large ETH acquisitions can boost market confidence, signal bullish sentiment, and potentially reduce the available supply on exchanges, which might lead to upward price pressure. They serve as a key indicator of significant crypto investment trends. 3. What is FalconX? FalconX is a digital asset trading platform that primarily serves institutional investors, offering services for trading, credit, and clearing. The fact that this whale acquired ETH from FalconX suggests an institutional-grade transaction, impacting the broader digital assets ecosystem. 4. Does this acquisition guarantee a future ETH price increase? No single acquisition guarantees a price increase. However, it indicates strong confidence from a major holder in Ethereum’s long-term value. It’s one of many factors influencing ETH price , but a significant positive signal for digital assets . If you found this analysis insightful, share it with your network! Help us spread the word about the significant developments shaping the crypto market. Your shares empower more people to understand the dynamics of digital assets. To learn more about the latest explore our article on key developments shaping Ethereum price action. This post Ethereum Whale Makes Massive $51.5M ETH Acquisition, Holdings Soar to $1 Billion first appeared on BitcoinWorld and is written by Editorial Team
11 Aug 2025, 16:24
Tether to become largest Rumble shareholder in Northern Data acquisition
Rumble, the video-sharing and cloud services company backed by Tether, is considering a major takeover of Germany-based computing group and bitcoin miner Northern Data in a deal that could be worth around €1 billion ($1.17 billion). Under the proposed terms mentioned in a Bloomberg report , Northern Data shareholders would receive 2.319 new Class A Rumble shares for each of their own shares. If all are exchanged, Northern Data investors would hold roughly a third of the merged business. Tether , which owns 54% of Northern Data, signaled its backing for the proposal. The stablecoin issuer would become Rumble’s largest single shareholder on completion and has agreed to a multi-year purchase commitment for GPUs. The announcement comes months after Tether invested $775 million in Rumble to support the platform’s growth. In its statement, Rumble said the combined firm would focus on artificial intelligence while also promoting global data privacy and independence. Northern Data confirmed it has been informed of the possible share swap and is open to further talks. The potential deal follows a strong first half of 2025 for Northern Data. The company reported a 72% jump in revenue to €94.3 million ($109.8 million) from the same period a year earlier, supported by its Taiga Cloud and Peak Mining operations. Mining income rose 49% to €53.5 million ($62.3 million) as capacity expanded and bitcoin prices climbed. Rumble’s own shares climbed 20% in pre-market trade Monday after the news, reaching $9.48, according to TradingView. Rumble excludes bitcoin mining unit from acquisition The proposed agreement would not include Northern Data’s bitcoin mining subsidiary, Peak Mining. Northern Data said a preliminary deal has been signed to sell the unit to Elektron Energy for up to $235 million. This includes $175 million upfront, with proceeds to go toward paying down a Tether loan, while a restructured portion of the debt would remain. Rumble would not assume responsibility for this loan. Despite Peak Mining being left out, Rumble has been adding bitcoin to its own reserves. The company currently holds 210.8 BTC, worth about $25.6 million at current prices. If completed, Rumble would take on Northern Data’s Ardent data centers and Taiga GPU-as-a-service unit, which together have over 20,000 Nvidia graphics processors and extensive hosting capacity. The plan aims to boost Rumble’s infrastructure to nearly 850 megawatts of active capacity, with major sites including a planned 180 MW facility in Maysville, Georgia. The transaction is targeted for the second half of 2025 but will require due diligence, final terms, board approval, and regulatory clearance in both the U.S. and Germany. Rumble stressed no final decision has been made, and there is no certainty the offer will proceed or secure all necessary backing. Alongside the potential acquisition news, Rumble released its second-quarter results. The company posted a net loss of $30.2 million, or 12 cents per share, compared to a $26.8 million loss, or 13 cents per share, in the same quarter last year. Analysts surveyed by FactSet had expected a smaller loss of 7 cents per share. Revenue rose 12% to $25.1 million but fell short of the $26.8 million forecast. The firm’s global monthly active users averaged 51 million, down from 59 million in the prior quarter. Rumble attributed the drop to reduced political and news content activity outside of an election year in the United States. Average revenue per user rose 24% from the previous quarter to 42 cents, driven by higher subscription and licensing income. Northern Data’s shares were down 9% in Monday trading to €20.94 ($24.38) after closing at €23.02 last week. Both companies said discussions are ongoing and emphasized there is no guarantee a formal offer will follow. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.