12 Aug 2025, 13:38

Bitcoin Retests Key Support Near $118.5K Amid CME Gap Considerations for Potential Market Movement

Bitcoin is retesting key breakout support near $118.5K, with traders observing the CME gap around $117K for potential market movement. Bitcoin price retests breakout support after surpassing mid-July resistance, with

12 Aug 2025, 13:36

SOL Rebounds From $160, Targets 14% Move Toward $210: Solana Price Outlook

TL;DR Solana price rebounds from $160, forming higher lows with a $210 target on bullish charts. Whales moved over $40 million in SOL to exchanges, some locking in significant profits. Hong Kong approves Solana for retail trading, joining BTC, ETH, AVAX, and LINK on licensed platforms. Price Recovery and Technical Setup Solana (SOL) has climbed back from the $160 support level, touching $185 during the latest trading stretch. According to market watcher BitGuru, the price is tracking an upward trendline and could be on course for a 14% rise toward $210. The bounce follows a series of short pullbacks that failed to break the current uptrend. $SOL strong recovery from the $160 support zone with price climbing to the current $184.73 level. The market is maintaining an upward trendline targeting a potential 14% move toward the $210 resistance area. Momentum remains bullish after a successful rebound from pullbacks. pic.twitter.com/q3vAmC5GvK — BitGuru (@bitgu_ru) August 11, 2025 On the 4-hour SOL/USDT chart, price action continues to form higher lows. This formation, as long as it is held, preserves the bullish trend. Notably, the $210 projection reflects earlier patterns where consolidation phases eventually gave way to strong rallies. Failure to continue through the trendline would jeopardize the prospects, and a constant purchase would be enough to support the rally. Market Snapshot At the time of writing, SOL changes hands at $175, showing a 4% dip over the past day. Trading volume stands at $5.90 billion. Even with the daily loss, the token holds a 3% gain on the week. Past moves on the chart show rapid runs followed by cooling periods. Current trading resembles the early stage of another push upward. Some traders are watching the $168–$170 zone for potential reactions if the market turns lower. Whale Transactions and Liquidations On-chain activity points to notable whale movements. Lookonchain data shows wallet CMJiHu transferred 96,996 SOL, about $17.45 million, to an exchange nine hours ago. Another wallet, 5PjMxa, moved 91,890 SOL ($15.98 million) to Kraken, while HiN7sS sent 37,658 SOL ($6.73 million) to Binance, reportedly booking $1.63 million in gains. Analyst CW reported that a large portion of high-leverage long positions in SOL have been cleared. Trader XO says he is watching the $168–$170 area for a response, while holding spot positions from previous lows and scaling short positions separately. In a separate development, OSL HK, Hong Kong’s first licensed digital asset exchange, has secured approval from the Securities and Futures Commission to allow retail trading of Solana. Meanwhile, this makes SOL the fifth asset cleared for retail in the region, alongside Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), and Chainlink (LINK). The move broadens regulated access to Solana for Hong Kong’s retail market. The post SOL Rebounds From $160, Targets 14% Move Toward $210: Solana Price Outlook appeared first on CryptoPotato .

12 Aug 2025, 13:33

Bitcoin Price Rises Amid U.S. Inflation Data, Suggesting Potential Market Shifts

The recent U.S. inflation report indicated a rise of 2.7% year-over-year, slightly below expectations, which positively impacted cryptocurrency prices, including Bitcoin and Ethereum. Bitcoin’s price increased to $118,000 following the

12 Aug 2025, 13:32

Safety Shot Secures 10% Stake in LetsBONK.fun, Propels Snorter Token’s Outlook

Nasdaq-listed Safety Shot has secured a 10% revenue stake in LetsBONK.fun, one of the largest memecoin launchpads on Solana. As part of the deal, Safety Shot will add $25M worth of $BONK to its treasury. Effectively, this’ll make the public company a direct beneficiary of the platform’s growth and the token’s success. It’s also bullish for Solana-based crypto projects like Snorter Token ($SNORT) . The reason is that it underscores growing mainstream and institutional interest in the Solana ecosystem, so it’s bound to boost liquidity, visibility, and investor confidence across the network. LetsBONK.fun Attracted $2M+ Daily Revenue in July Demonstrating LetsBONK.fun’s market sway, the Solana launchpad saw a sharp revenue climb at the beginning of July, with multiple days generating over $2M in revenue . During this period, it captured the lion’s share of daily revenue among Solana launchpads, frequently outpacing its main rival Pump.fun, thereby cementing its dominance. Following such success, Safety Shot is now issuing preferred shares that can be converted into common stock. Plus, it’ll reinvest about 90% of its LetsBONK.fun revenue into buying $BONK, the fifth largest meme coin with a whopping $1.98B market cap. With no debt and $15M+ in cash, the company is well-positioned to benefit from both the token’s price performance and the launchpad’s growth. Such strengthening might also significantly benefit projects building on Solana, like Snorter Token ($SNORT) . Snorter Token to Launch Telegram Trading Bot on Solana While $SNORT is an ERC-20 token, it’s the utility token of Snorter Bot, a Telegram trading bot preparing to launch on Solana this quarter initially. In fact, it promises the lowest fees on the Solana network at just 0.85% and executes faster than rival bots like Maestro and Trojan. Following its Solana launch, it’ll then go multi-chain, tapping into Ethereum, BNB Chain, Polygon, and Base. By doing so, you’ll be able to trade various promising projects across top networks from a single, streamlined interface. From day one, it’ll give you access to advanced trading tools like copy trading, limit orders, and automated sniping. Its ultimate goal is to give you a leg up in the trading arena, after all. And all will be achieved without compromising security. Snorter Bot will have MEV protection and leverage scam filters to detect honeypots and rug pulls, ensuring you don’t fall victim to common crypto scams. When purchasing $SNORT, you’ll also be granted additional perks, like unlimited sniping, staking rewards at a 144% APY, and membership to its upcoming DAO . Joining the DAO could be a major boon, as it’ll give you a voice in critical decisions that shape the bot’s future features, upgrades, and strategy. Verdict – Safety Shot’s LetsBONK.fun Stake Boosts Snorter Bot’s Outlook Safety Shot’s stake in LetsBONK.fun highlights how institutional players and publicly traded companies are moving beyond simply holding crypto; they’re buying into platforms to generate revenue. Naturally, this is excellent news for Solana-based projects like the upcoming Snorter Bot. As more attention and investment flow into the network, it’s bound to witness greater adoption and trading activity. To get the most out of the bot, you can grab $SNORT on presale for just $0.1011, using either $USDT, $ETH, $BNB, or fiat. This could be the best moment to jump in, as its price is anticipated to reach $0.94 after being listed on major exchanges – a 829%+ rise. We’re not financial advisors. DYOR and never invest more than you’d be sad to lose.

12 Aug 2025, 13:31

Binance Swallows $64,000,000 in Ethereum (ETH): Details

Ethereum flows into Binance skyrocketing

12 Aug 2025, 13:30

Top 3 Layer-2 Cryptos That Can Change the Future of Finance

Ethereum’s early investors saw gains of over 14,000%, proving that projects solving real scalability problems can deliver life-changing returns. Now, a new generation of Layer-2 solutions is stepping up to push blockchain adoption further – and some analysts believe MAGACOIN FINANCE could follow a similar path for early backers. With strong fundamentals, rising adoption, and big technical milestones, Mantle, Polygon, and Arbitrum are three L2s worth watching closely. Mantle: Banking Meets DeFi Mantle is taking a bold step by launching UR, a crypto-native banking app designed to merge traditional and decentralized finance. Users can manage both fiat and crypto accounts, receive virtual cards, and even set up automated investments into Mantle’s $400 million MI4 tokenized fund. This could make DeFi more accessible to everyday users, especially with planned features like salary tokenization and seamless cross-border payments. In addition, Mantle became the first Ethereum L2 to partner with EigenLayer, integrating EigenDA for secure data availability. More than 108,000 mETH – valued at roughly $388 million – has been restaked to support this upgrade, boosting scalability and cementing Mantle’s role in Ethereum’s growing restaking trend. Polygon: Speed and Scale in Action Polygon’s Bhilai upgrade has significantly improved network performance, now handling around 1,000 transactions per second with a finality time of just 5 seconds. The upcoming AggLayer v3.0 aims to increase capacity to 5,000 TPS by October, powered by zero-knowledge tech for seamless cross-chain operations. The stablecoin supply on Polygon has grown by 8.2% to $2.1 billion since May, showing strong traction in payments and real-world asset tokenization. While the project continues to expand its ecosystem and technical capabilities, the market still hasn’t fully priced in its potential – something long-term investors may see as an opportunity. A New Potential 14,000% Play? Just like Ethereum rewarded its earliest believers, MAGACOIN FINANCE is attracting attention as a great opportunity for early investors with experts forecasting a major breakout. . The project’s presale stages have been selling out quickly, with a growing community eager to secure positions before a major exchange listing. Analysts point to its ambitious roadmap and expanding utility as reasons it could deliver returns on par with past crypto giants. For those looking for early exposure to the next crypto star, MAGACOIN FINANCE is firmly on the radar. Arbitrum: DeFi Depth and Market Resilience Arbitrum continues to strengthen its DeFi ecosystem with the launch of Treehouse’s fixed-income protocol, introducing tokenized yield assets like tETH and tAVAX alongside the new Decentralized Offered Rate benchmark. This move caters to institutional investors by offering more predictable returns, adding to the $500 million total value locked growth since late 2024. Despite a recent $38 million token unlock – which could have sparked sell pressure – ARB prices climbed 10% in a single day, signaling strong demand. With clearer regulatory frameworks for stablecoins under the GENIUS Act, Arbitrum’s lending and borrowing markets could see even more institutional adoption. Conclusion Layer-2 solutions are proving to be a key driver in blockchain’s next phase of growth. Mantle is bridging traditional and decentralized finance, Polygon is scaling at record speed, and Arbitrum is building a deeper DeFi toolkit. For investors aiming to capture early-stage potential, MAGACOIN FINANCE offers an interesting opportunity that could mirror Ethereum’s historic rise – making it one to watch closely in the months ahead. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance