18 Aug 2025, 05:31

Bitcoin's Decline Deepens! So What's Needed for the Decline to Stop and the Rise to Resume? What Are the Critical Levels for BTC? Top Analysts Answer!

Bitcoin (BTC), which reached a new ATH of over $124,000 a few days ago, has been falling ever since. Having reached a new ATH on August 14, BTC continues to experience declines as the above-expectation US PPI data continues to negatively impact investor confidence. Analysts say the influx of economic data from the US has dampened hopes for a Fed rate cut, strengthened the dollar and increased aversion to risky assets. At this point, Bitcoin has fallen by over 2% in the last 24 hours, dropping to $115,600. Bitcoin's decline also affected altcoins, with Ethereum (ETH), which had come close to breaking its previous ATH, falling 3% to $4,340, and XRP dropping 4% to $3. Other altcoins also experienced significant declines, with analysts weighing in on the decline and sharing their expectations. What Do Investors Await for Bitcoin? Speaking to The Block, Kronos Research CIO Vincent Liu stated that the decline was due to US data and declining investor confidence. “Bitcoin's recent decline is due to higher-than-expected US inflation and investor behavior that prefers to act cautiously in this environment. Higher inflation is dampening hopes of a Fed rate cut next month, strengthening the dollar and fueling risk aversion. Liu said that US Treasury Secretary Scott's statement that the government would not purchase new Bitcoin for its strategic reserves further eroded investor confidence and fueled the decline. Liu stated that investors are withdrawing from the cryptocurrency market amidst the negative macroeconomic environment, adding that investors are waiting for a new catalyst and improvement on the FED and macroeconomic front before coming back to crypto. What are the Critical Levels in Bitcoin? Is the Situation So Bad? However, BTC Markets Crypto Analyst Rachael Lucas said that the situation is not all bad for Bitcoin and crypto, and that spot ETF data suggests that the market decline is related to capital rotation rather than a collapse. “While daily spot Bitcoin ETF flows have declined modestly overall, institutional participation remains at a moderate level. This shows that investors are turning to lower-cost products rather than exiting the market completely.” Lucas stated that the key support levels for Bitcoin are the $115,000 and $112,500 regions, and that a break below these levels could pose a risk of a drop to $110,000. Finally, Lucas noted that the market's focus is on the Fed's Jackson Hole Symposium this week, adding that a moderate tone from the Fed could revitalize risk appetite and initiate an uptrend. *This is not investment advice. Continue Reading: Bitcoin's Decline Deepens! So What's Needed for the Decline to Stop and the Rise to Resume? What Are the Critical Levels for BTC? Top Analysts Answer!

18 Aug 2025, 05:30

Upbit INJ Suspension: Crucial Update for Injective Holders

BitcoinWorld Upbit INJ Suspension: Crucial Update for Injective Holders Attention Injective (INJ) holders! A significant announcement from South Korean crypto exchange Upbit requires your immediate attention. Upbit has confirmed a temporary Upbit INJ suspension of deposits and withdrawals for Injective (INJ) tokens. This crucial update, effective from 03:00 UTC on August 19, is directly linked to an upcoming Injective network upgrade. Understanding the implications of this suspension is vital for managing your assets effectively. What is the Upbit INJ Suspension All About? Upbit, a leading cryptocurrency exchange, recently made an official announcement regarding its support for the Injective network’s forthcoming upgrade. Consequently, the exchange will halt all deposit and withdrawal services for INJ tokens. This temporary Upbit INJ suspension ensures the safety and integrity of user funds during the upgrade process. When: The suspension begins promptly at 03:00 UTC on August 19. What: Both deposits and withdrawals of Injective (INJ) tokens will be affected. Why: It is in direct support of the Injective network’s essential upgrade. Such suspensions are standard practice in the crypto world. Exchanges implement them to prevent potential issues, such as lost transactions or discrepancies, that might arise during significant network overhauls. Therefore, this proactive step by Upbit aims to protect its users and ensure a smooth transition for the Injective blockchain. Why is This Upbit INJ Suspension Happening? The core reason behind this particular Upbit INJ suspension is the planned upgrade of the Injective network itself. Blockchain networks periodically undergo upgrades to enhance their performance, security, and functionality. These upgrades can involve significant changes to the underlying protocol, which necessitate a temporary halt in transaction processing on integrated platforms like exchanges. Injective is a powerful blockchain built for decentralized finance (DeFi) applications. It aims to provide a robust infrastructure for various financial markets. Therefore, continuous development and upgrades are crucial for its long-term viability and competitiveness. Upbit’s decision to support this upgrade by suspending INJ services demonstrates its commitment to the ecosystem’s health. Users should understand that this is not an unusual event. Many exchanges pause services for specific tokens when their underlying networks are undergoing maintenance or significant protocol changes. It is a protective measure designed to safeguard user assets and ensure compatibility post-upgrade. What Should Injective (INJ) Holders Do Regarding the Upbit INJ Suspension? If you hold Injective (INJ) tokens on Upbit, or if you plan to deposit or withdraw them around the suspension date, you must take immediate action. Here are some actionable insights: Plan Ahead: If you need to deposit or withdraw INJ tokens from Upbit, complete these transactions well before the August 19, 03:00 UTC deadline. Monitor Official Announcements: Keep a close eye on Upbit’s official website and announcement channels. They will provide updates on when services are expected to resume. Alternative Holdings: Consider if holding your INJ on Upbit during the suspension period aligns with your trading or investment strategy. For long-term holders, this might have minimal impact. Remember, the exact duration of the suspension is usually dependent on the completion of the network upgrade. Upbit will notify users once the upgrade is successfully implemented and services are restored. Patience and proactive monitoring are key during such periods. Impact of the Upbit INJ Suspension on Trading While deposits and withdrawals are suspended, trading of INJ tokens on Upbit typically continues unaffected. This means you can still buy, sell, and trade INJ against other cryptocurrencies listed on the exchange. However, the inability to move tokens in or out of the exchange might affect liquidity and price dynamics for some traders. For instance, traders relying on arbitrage opportunities between Upbit and other exchanges might find their strategies temporarily limited. Moreover, any significant news related to the Injective network upgrade could influence INJ’s price during the suspension period. It is always wise to stay informed about both exchange announcements and network developments. The temporary nature of the Upbit INJ suspension suggests that its long-term impact on the token’s price or trading volume should be minimal, provided the network upgrade proceeds smoothly and services resume as expected. Looking Ahead: The Future of Injective and Upbit The Injective network upgrade, facilitated by the Upbit INJ suspension , signifies a positive step forward for the Injective ecosystem. Upgrades are essential for blockchain networks to remain competitive, scalable, and secure. They often introduce new features, improve efficiency, or patch vulnerabilities, ultimately benefiting users in the long run. Upbit’s consistent support for network upgrades underscores its role as a responsible and user-focused exchange. By ensuring a secure environment during these crucial technical transitions, Upbit helps maintain trust and stability within the broader crypto market. As the Injective network evolves, its utility and adoption are likely to grow, potentially benefiting INJ holders. In conclusion, while the temporary suspension of INJ deposits and withdrawals on Upbit might require minor adjustments for some users, it is a necessary and beneficial measure. It paves the way for a stronger, more efficient Injective network, ultimately contributing to the robustness of the decentralized finance landscape. Stay informed, plan accordingly, and look forward to the enhanced capabilities of Injective. Frequently Asked Questions (FAQs) Q1: How long will the Upbit INJ suspension last? A1: The exact duration depends on the completion of the Injective network upgrade. Upbit will issue a new announcement once services are restored. Q2: Can I still trade INJ on Upbit during the suspension? A2: Yes, typically, trading of INJ tokens on Upbit will continue as normal. Only deposits and withdrawals are affected by the suspension. Q3: Why is Upbit suspending INJ deposits and withdrawals? A3: Upbit is suspending these services to support the upcoming Injective network upgrade, ensuring the security and integrity of user funds during the process. Q4: What is the Injective network upgrade? A4: The Injective network upgrade refers to planned enhancements and changes to the Injective blockchain’s underlying protocol, aimed at improving its performance, security, and functionality. Q5: Where can I find updates on the Upbit INJ suspension? A5: Always refer to Upbit’s official website and announcement channels for the most accurate and up-to-date information regarding the suspension and its resumption. If you found this article helpful, please consider sharing it with your network! Stay informed about critical crypto updates by sharing this information with fellow enthusiasts on social media. To learn more about the latest crypto market trends, explore our article on key developments shaping Injective price action. This post Upbit INJ Suspension: Crucial Update for Injective Holders first appeared on BitcoinWorld and is written by Editorial Team

18 Aug 2025, 05:30

Michael Saylor Hints at More Strategy Bitcoin Buys

The company recently added 155 BTC, bringing its holdings to nearly 629,000 BTC worth over $74 billion. After pioneering the corporate Bitcoin treasury model in 2020, Strategy became the largest BTC holder, surpassing the next ten firms combined. Saylor is also very much still focused on Bitcoin despite the rising interest in altcoin treasuries. Michael Saylor Eyes More Bitcoin Michael Saylor, the co-founder of Strategy, hinted at yet another major Bitcoin purchase by the company as the crypto trades just below its all-time high of over $124,000. Earlier this week, Strategy added 155 BTC worth $18 million to its holdings, bringing its total to 628,946 BTC valued at more than $74.2 billion. According to SaylorTracker , the firm is sitting on more than $28 billion in unrealized gains, with its Bitcoin investment up more than 60% overall. After pioneering the Bitcoin corporate treasury model in 2020, Strategy became the largest corporate holder of BTC. It is also often seen as a proxy investment by institutions unable to hold the asset directly and by retail investors unwilling to self-custody. The company’s stash now surpasses the combined holdings of the next ten largest Bitcoin treasury firms. Saylor seems unfazed by the emergence of altcoin treasury companies, mostly due to the fact that the overwhelming majority of capital continues to flow into Bitcoin. He pointed out that the number of firms adopting Bitcoin on their balance sheets surged from about 60 to 160 in just six months, which is a sign of growing institutional adoption. The pace of Strategy’s accumulation accelerated dramatically since Donald Trump’s election in November of 2024. In only nine months, the company bought 376,726 BTC, compared to the four years it previously took to amass 252,220 BTC. This aggressive buying strategy also fueled Strategy’s stock performance , which rose by close to 2,400% over the past five years.

18 Aug 2025, 05:25

Ethereum Profitability: Bitmain and SharpLink Gaming Show Unwavering Resilience

BitcoinWorld Ethereum Profitability: Bitmain and SharpLink Gaming Show Unwavering Resilience The cryptocurrency market often feels like a rollercoaster, with prices fluctuating wildly. Recently, Ethereum (ETH) experienced a noticeable dip from its weekend highs. However, not all players in this dynamic space felt the pinch equally. Major ETH holding giants, Bitmain and SharpLink Gaming, continue to demonstrate remarkable Ethereum profitability , showcasing their resilience in the face of market shifts. How Do Giants Maintain Ethereum Profitability During Dips? Even as Ethereum’s price fell around 9% from its peak, the financial positions of these prominent entities remained strong. Crypto analyst @_FORAB on X highlighted their impressive gains. At a price point of $4,331, Bitmain’s substantial ETH holdings reflected an unrealized gain of 13.8%, amounting to a staggering $679 million. This figure alone speaks volumes about their strategic positioning. Similarly, SharpLink Gaming recorded an even more impressive 22% gain, translating to $571 million in unrealized profit. These figures are not just numbers; they illustrate a significant advantage these companies hold. They underline how strategic long-term holding can lead to sustained Ethereum profitability , even when short-term market movements seem unfavorable. What Strategies Drive Their Ethereum Profitability? The ability of Bitmain and SharpLink Gaming to maintain such robust financial health despite market volatility isn’t accidental. It often stems from a combination of factors, including a long-term investment horizon and a favorable average cost basis. Unlike day traders who focus on quick gains, these giants likely accumulate assets over time, averaging out their purchase prices. Consider these key elements that contribute to their continued success: Long-Term Vision: They hold ETH not for daily fluctuations but for its long-term growth potential. This patience allows them to ride out temporary downturns. Strategic Accumulation: Buying during market dips can significantly lower their overall average cost, making subsequent price recoveries more impactful for their bottom line. Diversified Business Models: Bitmain, a leading manufacturer of cryptocurrency mining hardware, and SharpLink Gaming, involved in sports betting and iGaming, have primary revenue streams that may cushion them against direct crypto market shocks, allowing them to hold their digital assets more confidently. These strategies help them secure and grow their Ethereum profitability . What Can Investors Learn from This Unwavering Ethereum Profitability? The consistent profitability of Bitmain and SharpLink Gaming offers valuable lessons for all types of investors, from beginners to seasoned market participants. It emphasizes that panic selling during a market correction might not always be the wisest move. Instead, a disciplined approach can yield significant returns over time. Here are some actionable insights: Patience is Key: Cryptocurrency markets are inherently volatile. A long-term perspective can help you avoid emotional decisions during price drops. Understand Your Holdings: Research the assets you invest in. Knowing their fundamentals helps you maintain conviction during turbulent times. Risk Management: Never invest more than you can afford to lose. This principle is fundamental to surviving market downturns and protecting your overall financial health. Ultimately, the success stories of Bitmain and SharpLink Gaming highlight that achieving and maintaining Ethereum profitability often comes down to strategic planning, a long-term outlook, and unwavering confidence in the asset’s potential. The resilience shown by these major ETH holders serves as a powerful reminder that even in a dynamic and sometimes unpredictable market, a well-thought-out investment strategy can lead to substantial and enduring gains. Their ability to remain in profit despite market shifts underscores the potential for sustained Ethereum profitability when coupled with foresight and a disciplined approach. Frequently Asked Questions (FAQs) Q1: What is an unrealized gain in cryptocurrency? An unrealized gain is the profit an investor would make if they sold an asset at its current market price, but they have not yet sold it. It’s a theoretical profit until the asset is actually liquidated. Q2: How do large companies like Bitmain acquire so much Ethereum? Companies like Bitmain, a major player in crypto mining, often acquire Ethereum through mining operations, direct purchases, or as part of their business operations. They may hold these assets as part of their treasury strategy. Q3: Does a price drop always mean a loss for all holders? No, a price drop only results in a realized loss if the holder sells their assets below their purchase price. For long-term holders with a low average cost basis, or those who bought during earlier dips, a price drop might reduce their unrealized gains but still leave them in profit. Q4: Is Ethereum a good long-term investment? Many investors view Ethereum as a strong long-term investment due to its robust ecosystem, ongoing development (like the transition to Ethereum 2.0), and its foundational role in decentralized finance (DeFi) and NFTs. However, all investments carry risk. Q5: How can I track the holdings of large crypto entities? Crypto analysts and on-chain data platforms often track the movements of large wallets, sometimes referred to as ‘whales’ or institutional holdings. Resources like X (formerly Twitter) crypto analysts or blockchain analytics websites can provide such insights. If you found this article insightful, consider sharing it with your friends and fellow crypto enthusiasts on social media! Help us spread the word about smart investment strategies in the crypto world. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. This post Ethereum Profitability: Bitmain and SharpLink Gaming Show Unwavering Resilience first appeared on BitcoinWorld and is written by Editorial Team

18 Aug 2025, 05:24

Ethereum’s Bullish Trend Supported by Institutional Inflows and ETF Optimism Amidst Resistance at All-Time Highs

Ethereum, a leading cryptocurrency, continues its bullish momentum in August 2025, driven by strong institutional inflows and ETF optimism, despite lingering resistance at all-time highs. Institutional interest in Ethereum is

18 Aug 2025, 05:20

Parag Agrawal Launches AI Startup Parallel Web Systems, Paving the Way for Autonomous AI Agents

Parag Agrawal’s new AI startup, Parallel Web Systems, aims to revolutionize AI agent research, outperforming existing models like OpenAI’s GPT-5 in key benchmarks. Parallel Web Systems Inc. is Agrawal’s first