12 Aug 2025, 07:00

BTC & ETH Whale Nets $6.2M Profit — SOL Whales Join as This Altcoin Breaks Major Resistance During Live Trading

The crypto market is once again heating up after a huge whale trade shook things up. A single trader pocketed $6.2 million in profit from Bitcoin (BTC) and Ethereum (ETH) this week. That kind of win naturally drew the attention of traders, both big and small. At the same time, Solana (SOL) whales have stepped back into the market as another fast-rising altcoin smashed through a major resistance level during live trading. That altcoin is MAGACOIN FINANCE, and it’s quickly becoming one of the most talked-about coins of the year. MAGACOIN FINANCE—Why It’s Featured in 2025’s Best Altcoin Reports Top market experts have highlighted MAGACOIN FINANCE as the best altcoin in 2025 reports, placing it among the most promising picks in the current market. The project has been building steady momentum with growing whale interest and strong retail participation. The excitement is not just about price action—it’s also about timing. Being in the early stages gives MAGACOIN FINANCE the potential to deliver outsized gains if market sentiment stays bullish. Bitcoin and Ethereum—The $6.2 Million Whale Story The week started with a bold move. A whale bought BTC and ETH during a brief market dip and sold after a sharp recovery. The result was a staggering $6.2 million profit. This kind of calculated trading shows the confidence some big players have in the top two cryptocurrencies. Bitcoin has been holding firm above a critical support zone, while Ethereum has shown solid upward momentum. Analysts suggest both could see more gains if broader market conditions remain supportive. Solana Whales Are Back in Action Solana has been gaining quiet but steady traction. Over the last week, whale activity has surged, with several large purchases recorded on-chain. Such moves often signal that big investors expect a price breakout. SOL’s recent uptick in volume adds weight to this view. Many traders are now watching for a possible rally to the next resistance level. The renewed whale interest has given the Solana community fresh optimism after a period of consolidation. Final Thoughts The market this week has been driven by smart whale moves, key breakouts, and shifting trader focus. Bitcoin and Ethereum’s $6.2 million whale win has reminded everyone of the potential in well-timed trades. Solana’s whale-driven momentum hints at bigger things ahead. Meanwhile, MAGACOIN FINANCE is already ranking among 2025’s best altcoins, making it one to watch closely. If current trends continue, MAGACOIN FINANCE could join BTC, ETH, and SOL as one of the year’s strongest performers. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: BTC & ETH Whale Nets $6.2M Profit — SOL Whales Join as This Altcoin Breaks Major Resistance During Live Trading

12 Aug 2025, 06:58

Ripple CTO Reacts to SEC's Post-Lawsuit Statements

Meanwhile, XRP is having a not-so-super day despite recent statements from SEC officials

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