News
12 Aug 2025, 06:25
Analyst on Why ETH Is the Trade, BTC Is the Hold in This New Kind of Bull Market
Analyst calls current cycle “uncharacteristic” with long correction phases Ethereum could hit $6,500–$10,000 before October, short-term outperformer Bitcoin still preferred long-term, with year-end target of $135K–$160K The global crypto market has fallen by 2.63% in the past 24 hours, with the total market cap now at $3.95 trillion. Bitcoin dropped 2.81% to around $118,500, while Ethereum slipped 0.69% to $4,278. Other altcoins also saw declines, with XRP down 4.46%, BNB losing 1.94%, and Solana falling 5.94%. Analyst Erik Crown has warned that the current crypto cycle is unlike anything we’ve seen before. In past bull markets, like 2017 and 2021, prices tended to shoot up quickly after breaking all-time highs, ending in a dramatic “blow-off top.” However, this cycle has been marked by three unusually long correction periods, each lasting about six months. Bitcoin has traded in tight ranges for five to seven months at a time, something Crown says is “completely uncharacteristic.” BTC & ETH Price Predictions While Bitcoin may be slowing down, Crown predicts that Ethereum could outperform in the short term and the next few months will… The post Analyst on Why ETH Is the Trade, BTC Is the Hold in This New Kind of Bull Market appeared first on Coin Edition .
12 Aug 2025, 06:20
Ethereum Approaches Key Breakout Phase, Analysts Suggest Potential for $7K–$10K If Resistance Is Cleared
Ethereum is nearing a breakout phase, with analysts projecting a price surge to $7K–$10K if it clears the $4,800–$5,000 resistance. ETH has completed a recurring three-step cycle, rallying from $1,500
12 Aug 2025, 06:17
Bitcoin and Ethereum Drive $572 Million Rebound in Digital Asset Investments Amid U.S. 401(k) Approval
Digital asset investment products experienced a significant rebound last week, attracting $572 million in inflows, primarily driven by Bitcoin and Ethereum gains, alongside U.S. regulatory approval for crypto in 401(k)
12 Aug 2025, 06:12
Bitcoin Faces Potential Decline Below $120,000 Amid Market Sentiment and Analyst Predictions
Bitcoin’s recent price drop signals potential further declines as market sentiment remains cautiously optimistic, with analysts predicting a test of $116.8K. Bitcoin fell 2.6% in 24 hours, trading at $119,000.
12 Aug 2025, 06:12
XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear
XRP ETFs might outperform Ethereum ETFs as legal hurdles clear. The SEC ended the XRP lawsuit, reducing market uncertainty. Continue Reading: XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear The post XRP ETFs Outperform Ethereum ETFs as Legal Hurdles Clear appeared first on COINTURK NEWS .
12 Aug 2025, 06:11
A US-Based Company Announces Significant Investment in a Token That Is Not Even Among the Top 50 Altcoins
US-based Heritage Distilling Holding Company, Inc. announced the launch of a $360 million Story (IP) token reserve strategy under an agreement with the Story Foundation. The deal will be funded by a $220 million PIPE (Private Equity Investment in a Public Company) investment and will include $100 million in cash and $120 million in tokens. The company will purchase 52.5 million IP tokens, making IP its primary reserve asset. The $82 million raised from the PIPE financing will be used to purchase IP tokens from the Story Foundation at a fixed price of $3.40 per token. Related News: BREAKING: Coinbase Allegedly Invests in This Altcoin - Here are the Details The Story Foundation will invest all cash proceeds from the sale in open market repurchases of IP tokens within 90 days. Focusing on the $80 trillion intellectual property economy through its AI-based blockchain infrastructure, the Story Foundation aims to expand Heritage's network operations through this partnership. The deal is backed by a16z crypto, Polychain and other leading investors, while Cantor Fitzgerald & Co. and Roth Capital Partners are acting as financial advisors and placement agents. *This is not investment advice. Continue Reading: A US-Based Company Announces Significant Investment in a Token That Is Not Even Among the Top 50 Altcoins
