News
12 Aug 2025, 16:01
DOGE Price Analysis: Potential Breakout at $0.2279 Amidst Market Consolidation
DOGE is currently facing a bearish trend, down 2.23%. However, it may break local resistance soon, potentially reaching $0.23. DOGE is trading at $0.2274 at press time. The price is
12 Aug 2025, 16:01
Chainlink Price Skyrockets 34% In Weekly Shift Amid Altcoin Volatility
Chainlink has decoupled from bearish altcoin trend as it soars over 34% WTD
12 Aug 2025, 16:00
Crypto News: What’s Operation Chokepoint And Why Did Donald Trump Shut It Down?
‘Operation Chokepoint’ is a term that became common under the regulatory regime during the Joe Biden administration. This operation marked part of the government’s initiatives to stifle the crypto industry back then, something which Trump has corrected since entering office. What Operation Chokepoint Was About Details about Operation Chokepoint first came to light when Venture Capitalist Nic Carter revealed in 2023 that there was a new operation targeting the crypto space in the U.S. He noted that it was a well-coordinated effort to marginalize the industry and cut any ties it has to the banking system. As part of Operation Chokepoint, regulators urged banks to stop providing services to crypto firms. Crypto founders like Tyler Winklevoss , Roman Storm, and Jesse Powell also confirmed that they and their firms were marginalized. Meanwhile, the world’s richest man, Elon Musk, revealed that 30 tech founders were secretly debanked. Crypto banks such as Silvergate, Signature, and Silicon Valley Bank were also victims of Operation Chokepoint because they refused to debank crypto firms. Nic Carter noted how anti-crypto Senator Elizabeth Warren encouraged a bank run against Silvergate after FTX collapsed. Carter further stated that Silvergate was solvent till the end and that directors chose to liquidate voluntarily, not because of the bank run but because of Operation Chokepoint. Bank regulators had informed the bank that they couldn’t serve crypto clients anymore, which impacted their business operations. The Venture Capitalist also noted that the voluntary wind-down was not evidence that crypto is risky to debanking, but rather a sign of how regulators stifled crypto banks. He added that these regulators can “capriciously” kill off the firms they regulate if they want. Meanwhile, it is worth noting that Operation Chokepoint even extended to someone like Donald Trump. The president mentioned in a CNBC interview that JPMorgan and Bank of America rejected his deposits. As such, this made Trump well aware of the plight of the crypto industry, which is why he promised to end it if he were elected. Donald Trump Fulfills His Promise The U.S. president has fulfilled his promise to end Operation Chokepoint, signing an executive order that guarantees fair banking for all Americans. The order cited Operation Chokepoint as an example of how Bank regulators used supervisory scrutiny and other influence over regulated banks to encourage politicized or unlawful debanking activities. To curb this, Federal banking regulators have been directed to remove the use of reputation risk or equivalent concepts that could result in politicized or unlawful banking from their guidance documents or other materials used for regulation. These regulators are to make this move within 180 days of the order. The Federal Reserve had already announced earlier that it had ended reputational risk oversight.
12 Aug 2025, 16:00
XRP Stumbles, But A Recovery Could Be Around The Corner
In a recent post, CRYPTOWZRD highlighted that XRP ended the session on a bearish note as XRPBTC slipped in response to a rise in Bitcoin Dominance (BTC.D). However, the analyst anticipates a swift recovery rally from XRP, potentially setting the stage for the next trading opportunity in the near term. Bitcoin’s Strength Dictates XRP Price Action Sharing more insight, CRYPTOWZRD noted that both the daily chart for XRP and XRPBTC closed bearish on Monday. The move came as Bitcoin Dominance climbed, with Bitcoin’s price action playing a role in XRP’s action. Related Reading: XRP Price Projection: 5 Key Things To Watch Out For As The Bull Market Unfolds He highlighted that for XRP to regain its bullish footing, XRPBTC must first turn positive — a development expected to happen soon. Once this alignment occurs, XRP’s performance will likely mirror the combined outcome of both Bitcoin and XRPBTC, setting the stage for a potential upside shift. Despite the current daily pullback, CRYPTOWZRD views the recent massive bullish weekly close as a strong underlying signal. From his perspective, short-term dips are a normal part of the broader trend and often provide a setup for the next move higher. This is why he remains optimistic about a swift reversal in the near term. Looking ahead, he plans to closely monitor the intraday chart formations tomorrow to identify the next scalp opportunity. If XRP can push above the $3.3 daily resistance level, CRYPTOWZRD believes the path to $3.65 will open quickly. Breaking that barrier could pave the way for XRP to chart a new all-time high, adding a powerful chapter to its ongoing bullish narrative. Volatility Persists As Traders Eye Key Levels In conclusion, CRYPTOWZRD emphasized that the intraday movement was characterized by sharp and frequent price swings, reflecting a market environment marked by uncertainty and rapid shifts in sentiment. Such volatility creates both opportunities and risks for traders, demanding careful observation and swift decision-making to capture profitable moves without falling into sudden reversals. Related Reading: XRP Price Poised for Fresh Upward Move Amid Renewed Bullish Pressure Looking ahead, he anticipates that tomorrow may bring a similar level of turbulence. A decisive hold above the $3.23 intraday resistance could provide a favorable long entry point, with the next major upside target set at the $3.4 resistance level. This zone could act as a significant barrier, but if broken, it may open the door to extended bullish momentum. Conversely, the analyst cautions that $3.02 stands as the primary support level to watch, and failure to hold above this area might lead to renewed selling pressure. Given these conditions, patience is key; waiting for the next well-formed setup will help avoid premature entries and improve the chances of a successful trade. Featured image from Getty Images, chart from Tradingview.com
12 Aug 2025, 16:00
BlockDAG’s $371M Presale in Batch 29 at $0.0276 vs ONDO’s Breakout & AVAX’s $36 Target
Which Crypto to Buy Today: ONDO’s 200% Breakout Wave, AVAX Eyes $36, and BlockDAG’s $371M Presale Strength Investors searching for the best crypto investment today are weighing a mix of technical setups, momentum patterns, and fundamentally strong projects. Ondo (ONDO) is showing signs of repeating a breakout pattern that once sparked a surge of more than 300%, prompting speculation it could rally toward the $2 mark. Avalanche (AVAX) is positioned near a decisive resistance zone at $27, where a breakout could lead to substantial gains, potentially reaching $36 or higher if market conditions align. In contrast, BlockDAG is approaching the conversation from a position of infrastructure readiness, adoption, and significant presale momentum, having already raised over $371 million in Batch 29 at a price of $0.0276 . Each of these three represents a distinct investment case, but one may stand out as the strongest contender for long-term value. ONDO: Building on a Proven Breakout Pattern Ondo’s recent market activity suggests it is entering a new rally phase. The token appears to have broken out from a bullish flag formation similar to one that previously led to a 300% gain, giving traders reason to watch for a repeat performance. This setup is generating forecasts for a move toward $2, with the possibility of extending to $3 if buying momentum intensifies. The asset has been stabilizing around $0.85, indicating a period of consolidation that often precedes significant price movement. Market conditions show a gradual build-up of accumulation during periods of low trading volume, a pattern that can precede a rapid surge when liquidity returns. If momentum sustains and market sentiment remains positive, Ondo could benefit from a rally that mirrors its earlier performance. However, as with all pattern-driven trades, the outcome depends heavily on market confirmation, making timing and disciplined risk management essential. AVAX: A Key Breakthrough Could Unlock 30–40% Upside Avalanche is trading at a critical technical point, testing the $27 resistance level that has acted as a barrier in previous attempts to push higher. A sustained break above this level, backed by solid volume, could open the path toward $36 or even $38, offering investors potential gains of 30–40% from current prices. Recent price action has shown encouraging signs, including a rebound from the 200-day moving average and a clean breakout from a long-term downward trendline. These developments strengthen the bullish argument and suggest that the current price level may be a staging ground for further advances. The broader Avalanche ecosystem continues to expand, with subnet deployments and enterprise partnerships adding long-term value. While the immediate focus is on clearing $27, holding above that level could shift market sentiment decisively, potentially driving a sustained uptrend. For traders seeking structured upside in a well-established network, Avalanche presents a compelling scenario if resistance levels give way. BlockDAG: Infrastructure and Adoption Drive Real ROI BlockDAG offers a very different investment case compared to ONDO and AVAX. Instead of relying solely on technical breakouts or repeated price patterns, it is building value through infrastructure, technology, and real adoption. The project’s presale has already reached $371 million , placing it in Batch 29 with tokens available at $0.0276 . This funding level not only signals strong investor confidence but also ensures that the resources are in place to deliver on its roadmap without depending on outside financing. At the core of this success is Dashboard V4 , which transforms the presale process into an interactive, exchange-like experience. Investors can view real-time price charts, order books, wallet balances, referral earnings, and leaderboard positions. This gamified approach keeps users engaged throughout the presale rather than treating participation as a one-time transaction. BlockDAG has also demonstrated that its mining ecosystem is fully functional through the X1 & X10 Live Demo , released in July 2025. The X10 hardware miner, paired with the X1 mobile app, can produce up to 200 BDAG daily, making mining accessible without technical barriers. Adoption is reinforced through partnerships with the Seattle Seawolves and Seattle Orcas, introducing NFTs, fan coins, and exclusive content to sports audiences. Technologically, BlockDAG’s hybrid blockchain and DAG design enables 2,000 to 15,000 transactions per second, supported by dual Proof-of-Engagement and Proof-of-Work consensus. With over 2.5 million X1 app users and 20 confirmed exchange listings , BlockDAG is positioned to transition from presale to active trading with both liquidity and community support already in place. To Sum it Up ONDO offers a speculative play rooted in repeating breakout patterns, providing potential for rapid gains if momentum aligns with technical signals. AVAX delivers a more measured opportunity, backed by a well-defined technical structure and ecosystem expansion that could lead to a breakout above $27 toward higher targets. BlockDAG, however, stands apart by combining substantial presale funding, active user engagement, proven technology, and confirmed market access. With $371 million raised in Batch 29 at a price of $0.0276, alongside strong adoption metrics and a clear growth strategy, it represents more than just a presale token, it is an emerging network built for scale. For investors deciding on the best crypto investment today, BlockDAG offers a balance of security, scalability, and long-term upside that makes it a standout choice. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
12 Aug 2025, 15:59
Top Analyst Reveals Two Crucial Levels to Watch for XRP Price Action
Prominent market analyst Michael van de Poppe has shared two levels he would be interested in XRP again following rejection from crucial resistance. Notably, he shared on his X handle on August 12 that XRP has again stuttered at the sight of the $3.40 resistance. The third-largest cryptocurrency by market cap rose to an intraday high of $3.33 on Monday but quickly retreated amid the strong supply wall around the level.Losing the resistance level saw it close at $3.13, posting its fourth consecutive red candlestick on the daily timeframe. While XRP has shown northward momentum today with its near 2% growth, the analyst insinuates it is all noise until either of the two scenarios he identified in his tweet plays out.XRP and the $3.40 ResistanceVan de Poppe highlighted that while XRP did not reach $2.50 following its rejection yesterday, it shows how fast things can switch from bullish to bearish. Moreover, the rejection at the crucial resistance area suggests that prices could see further downturn in the near term.His accompanying chart buttressed the significance of the $3.40 level and why it is crucial for XRP’s subsequent bullish development. For context, the price marked the top of XRP’s northward drive in January, when it recorded its highest-ever closing price in history . Following the top was a phase of price correction, where XRP failed to break above a descending resistance originating from its January high of $3.40. The token consolidated below the trendline for five months until breaking out in early July.After the breakout, XRP retested the $3.40 resistance and temporarily broke above it to a multi-year high of $3.66 the same month. Nonetheless, the bullish momentum quenched there, with XRP dumping from the area to $2.73 on August 3.Either $3.40 or XRP goes to $2.40Notably, XRP still struggles to trade above the $3.40 resistance area, and van de Poppe notes that the trend either changes or further corrections would follow. He emphasized that XRP would interest him when it reclaims the crucial level or dumps to between $2.60 and $2.40.The support level between $2.60 and $2.40 is a former resistance zone where XRP stalled several times between December and now. It struggled at that level in December 2024 despite the Trump-inspired bullish momentum before breaking free in January.XRP also struggled around the area twice in March and May. It reached highs of $2.64 and $2.58 in March and $2.65 in May, all followed by a rejection. Van de Poppe highlighted that the $2.60 and $2.40 price zones, which would entail an 18% and 24% correction from the current market price of $3.17, would be XRP’s following targets if it fails to reclaim $3.40.XRP Bulls Insist On Higher PricesDespite van de Poppe’s cautious call, several other market analysts are insistent on higher prices of XRP. Patrick Riley, a self-acclaimed market veteran, has likened not being bullish on XRP to being unserious, projecting an almost 10x rally for the prominent cryptocurrency.Gert van Lagen also shared a similar sentiment, predicting that XRP is about to rip. The macro strategist asserted a rally to $34 , citing the completion of a seven-year double-bottom retest.