News
18 Aug 2025, 15:46
ChatGPT Models Predict Cardano To Outperform Solana Heading Into September, With This Altcoin As The Big Q3 Winner
The crypto market is coming to a tipping point as investors are looking ahead to September. On estimates, Cardano (ADA) may be able to surpass Solana (SOL) in short-term growth, but the discussion is actually focused on Remittix (RTX), a rising project that must witness rapid momentum gain. With its presale success, wallet beta reveal, and over $20 million secured already, it’s considered by many to be one of 2025’s top crypto presales. ADA and SOL Start September With Contrasting Indicators Cardano is priced at $0.9686, having gained 5.83% on the day. Its market cap is $34.47 billion, even though trading volume fell 28.61% to $2.04 billion. This indicates apprehensive optimism in the face of decreasing liquidity. While this, Solana rose 3.1% to $193.20 per token, with a market cap of $104.42 billion. The daily trade volume fell 23.63% to $3.7 billion, indicating subdued market participation. Both the networks remain the center of DeFi and NFT innovation, although the market need for low gas fees crypto and real-world applications is opening the door for Remittix to make headway. Remittix Gains Ground With Wallet Release and Presale Milestones Unlike many future crypto ventures, Remittix (RTX) is breaking through hype and going directly into practical payments. Currently priced at $0.0944 per token, Remittix has already sold over 607 million tokens in presale, breaking $20 million. This achievement unlocked its first centralized exchange (CEX) listing on BitMart, augmenting liquidity and credibility. The group also reaffirmed its Q3 2025 beta wallet release, a mobile-first wallet holding 40+ cryptos and 30+ fiat currencies. The app offers instant crypto-to-bank transfers, real-time FX conversion, and frictionless cross-border payments. These features place RTX as a cross-chain DeFi project solving the $19 trillion payments question. Why Remittix Is Piquing Investor Interest: $20 million + raised with 607 million tokens sold Beta wallet launching in Q3 2025 $250,000 Remittix Giveaway driving community expansion Broader Implications for the Next Altcoin Giant of 2025 Its practical design and solid presale demand mean that Remittix is being compared to early XRP and Stellar, but with faster adoption potential. Its mechanism addresses gaps in crypto staking, DeFi inclusion, and cross-border transfers, which makes it one of the top cryptos under $1 to watch this year. For investors seeking the next 100x cryptocurrency or nascent altcoin to put money into, Remittix offers: Utility-driven adoption instead of hype A deflationary token model for long-term value creation Access to both centralized exchanges and decentralized exchange opportunities Real-world payment rails that drive businesses, freelancers, and remitters to the platform As ADA and SOL battle in the short-term arena, Remittix is quietly carving out a niche for itself as the best DeFi project of 2025, with adoption milestones, liquidity milestones, and a growing global user base in support of it. Discover the future of PayFi with Remittix by checking out their project here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
18 Aug 2025, 15:45
Dormant Bitcoin Wallets: Massive $3.7 Billion Move Triggers Market Plunge
BitcoinWorld Dormant Bitcoin Wallets: Massive $3.7 Billion Move Triggers Market Plunge The cryptocurrency world often buzzes with activity, but few events capture attention quite like the sudden awakening of long- dormant Bitcoin wallets . Imagine digital treasure chests, untouched for years, suddenly springing open. This is precisely what happened recently, sending ripples through the market and prompting questions about Bitcoin’s immediate future. The movement of these dormant Bitcoin wallets is a significant event that demands our close attention. What Exactly Happened with These Dormant Bitcoin Wallets? On August 16, a staggering 31,968 BTC, valued at approximately $3.7 billion at the time, was moved from wallets that had been inactive for three to five years. This massive transfer, reported by CryptoQuant, immediately caught the eye of market analysts and investors alike. Such large-scale movements from dormant Bitcoin wallets are rare and historically significant. Following these substantial transfers, Bitcoin experienced an immediate pullback. The price dropped by 3% from $118,624 to $115,053. This swift decline triggered a wave of liquidations, totaling around $576 million, impacting many leveraged positions. While Bitcoin still remains 7.5% below its all-time high of $124,457, as reported by The Crypto Basic, the sudden price movement was a stark reminder of market volatility. Why Do Dormant Bitcoin Wallets Stir the Market? The awakening of dormant Bitcoin wallets is not just a curiosity; it’s often a strong signal. Historically, similar large-scale movements of old coins have coincided with pivotal market moments, acting as either indicators of market tops or bottoms. When coins that have been held for years suddenly move, it suggests a significant shift in the holder’s strategy or market sentiment. Such movements can signify a range of intentions, from strategic reallocations to significant profit-taking. There are several theories behind why these ancient coins suddenly become active: Profit-Taking: Holders who acquired Bitcoin years ago at much lower prices might decide to realize significant gains. Market Rebalancing: Large holders or institutions might be rebalancing their portfolios or preparing for new investments. Security Concerns: Sometimes, wallets are moved for security upgrades or transfers to new custodians. Strategic Moves: These could be preparatory moves for over-the-counter (OTC) deals, which don’t directly impact exchange order books but signal large supply shifts. Understanding the ‘why’ behind the activation of these dormant Bitcoin wallets is crucial for investors. Understanding the Market Impact: What’s Next for Bitcoin? The immediate impact of these dormant Bitcoin wallets becoming active was a noticeable price dip and substantial liquidations. This demonstrates how even seemingly isolated events can have a ripple effect across the highly interconnected crypto market. Investors often view large transfers from old wallets with caution, as they introduce a significant amount of supply back into circulation, potentially increasing selling pressure. While a 3% drop might seem minor in the volatile crypto world, the underlying cause – the movement of such a large volume of old coins – is what makes it significant. The market is constantly reacting to supply and demand dynamics, and a sudden influx of supply from long-term holders can shift this balance. It prompts questions about whether this signals a broader trend of profit-taking by early adopters or if it’s merely a one-off event. Navigating Volatility: Actionable Insights for Investors For investors, the activity of these dormant Bitcoin wallets underscores the importance of vigilance and a well-thought-out strategy. It’s not about panicking, but about understanding the potential implications and preparing accordingly. Here are some actionable insights for navigating such events: Stay Informed: Keep an eye on on-chain analytics platforms like CryptoQuant, which track large wallet movements. These tools can provide early warnings. Practice Risk Management: Given the potential for sudden price swings, employing stop-loss orders and diversifying your portfolio becomes even more critical. Maintain a Long-Term View: While short-term volatility is a reality, many long-term investors focus on Bitcoin’s fundamental value proposition rather than reacting to every price fluctuation. Analyze Context: Don’t just react to the movement; try to understand the broader market context and other concurrent news. These strategies can help investors navigate the complexities introduced by the activity of dormant Bitcoin wallets . The recent activation of long- dormant Bitcoin wallets and the subsequent market pullback serve as a powerful reminder of the dynamic forces at play in the cryptocurrency space. While the immediate impact was a price dip and liquidations, the true significance lies in the historical context of such movements. They often precede larger market shifts, making them a crucial data point for anyone serious about understanding Bitcoin’s trajectory. As the market continues to evolve, keeping a close watch on these sleeping giants will remain a key aspect of informed decision-making for every crypto enthusiast. Frequently Asked Questions (FAQs) Q1: What are dormant Bitcoin wallets? A1: Dormant Bitcoin wallets are digital addresses holding Bitcoin that have remained inactive, with no outgoing transactions, for an extended period, typically several years. Q2: Why is the movement of dormant Bitcoin wallets significant? A2: The movement of large amounts of Bitcoin from dormant wallets is significant because it often signals major shifts in market dynamics, such as profit-taking by early investors or strategic reallocations, and has historically coincided with market tops or bottoms. Q3: What was the immediate impact of the recent movement of dormant Bitcoin wallets? A3: After the recent transfers, Bitcoin’s price fell by 3% from $118,624 to $115,053, leading to approximately $576 million in liquidations. Q4: How can investors track such large Bitcoin movements? A4: Investors can track large Bitcoin movements using on-chain analytics platforms like CryptoQuant, which provide data on wallet activity, transaction volumes, and coin age distribution. Q5: Does the movement of dormant Bitcoin wallets mean Bitcoin’s price will keep falling? A5: Not necessarily. While these movements can introduce selling pressure and short-term volatility, they do not guarantee a prolonged downtrend. Investors should consider the broader market context and other fundamental factors. Did this article shed light on the intriguing movements of dormant Bitcoin wallets? Share your thoughts and this article with fellow crypto enthusiasts on social media to spread awareness and spark further discussion! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin price action. This post Dormant Bitcoin Wallets: Massive $3.7 Billion Move Triggers Market Plunge first appeared on BitcoinWorld and is written by Editorial Team
18 Aug 2025, 15:44
Cardano (ADA) Price Prediction for August 18
Can rate of Cardano (ADA) reach $1 mark this week?
18 Aug 2025, 15:40
LINK Withdrawal: Crucial Whale Move Signals Long-Term Intent
BitcoinWorld LINK Withdrawal: Crucial Whale Move Signals Long-Term Intent A significant event recently unfolded in the cryptocurrency world, capturing the attention of market observers and Chainlink enthusiasts alike. LookOnChain, a prominent on-chain analytics platform, reported a massive LINK withdrawal from the Binance exchange. This particular move involved an anonymous whale, a term used for individuals or entities holding substantial amounts of cryptocurrency, demonstrating a notable shift in their asset management strategy. Understanding the Massive LINK Withdrawal Event Over a period of three days, this mysterious whale systematically withdrew a staggering amount of Chainlink (LINK) tokens from Binance. The latest reported transaction involved 322,655 LINK, valued at approximately $8.2 million at the time of the withdrawal. This brought the total Chainlink tokens moved by this single trader to an impressive 1,043,949 LINK, collectively worth around $24.64 million. Such a large-scale LINK withdrawal naturally sparks interest and speculation within the crypto community. When a whale moves such a significant sum off an exchange, it often signals a particular intent, which can have ripple effects on market sentiment and, potentially, future price action. Why Does a Large LINK Withdrawal Matter? In the world of cryptocurrency, exchange withdrawals are more than just simple transfers; they are often interpreted as strategic moves. When an investor, especially a whale, withdraws a large quantity of tokens from an exchange, it typically suggests a move towards long-term storage. This action implies the holder has no immediate plans to sell their assets on the open market. Conversely, depositing large amounts of tokens onto an exchange can sometimes indicate an intention to sell. Therefore, a substantial LINK withdrawal can be seen as a bullish signal, as it reduces the immediate selling pressure on the asset and demonstrates strong conviction from a significant holder. This action effectively removes a large chunk of supply from the readily tradable pool. What Does This LINK Withdrawal Signal for Chainlink? Chainlink (LINK) plays a crucial role in the blockchain ecosystem as a decentralized oracle network, providing real-world data to smart contracts. Whales, with their extensive resources and often sophisticated market insights, typically make moves based on deep analysis or long-term conviction in a project’s fundamentals. This particular LINK withdrawal could suggest that the whale believes in Chainlink’s long-term growth potential and intends to hold their tokens for an extended period. It might indicate confidence in Chainlink’s ongoing development, adoption, and its integral position within the decentralized finance (DeFi) space. Such a move can bolster confidence among other investors, seeing a major player ‘hodling’ their assets. Navigating Market Signals After a Significant LINK Withdrawal While a large LINK withdrawal is generally seen as a positive indicator, it is important for investors to consider it as one piece of a larger puzzle. Crypto markets are complex and influenced by numerous factors, including broader market trends, regulatory news, and project-specific developments. Every major LINK withdrawal or deposit needs to be viewed in context. For those looking to understand market movements, tracking on-chain data like whale activities provides valuable insights. However, always combine this with fundamental analysis of the project itself and technical analysis of price charts. This comprehensive approach helps in making more informed decisions rather than relying on a single data point. In conclusion, the recent substantial LINK withdrawal by an anonymous whale from Binance is a noteworthy event. It points towards a potential long-term holding strategy, which could be interpreted as a bullish signal for Chainlink’s future trajectory. This move highlights the importance of on-chain analytics in understanding the subtle yet significant shifts occurring within the dynamic cryptocurrency landscape. Frequently Asked Questions (FAQs) What is a crypto whale? A crypto whale is an individual or entity that holds a very large amount of a particular cryptocurrency, enough to potentially influence market prices with their trades. Why do whales withdraw tokens from exchanges? Whales typically withdraw tokens from exchanges for long-term storage in personal wallets, indicating they have no immediate plans to sell. This action can also be for security reasons or to participate in staking/DeFi protocols. What is Chainlink (LINK)? Chainlink (LINK) is a decentralized oracle network that provides real-world data to smart contracts on the blockchain, enabling them to interact with off-chain data feeds and events securely. Does a large LINK withdrawal always mean a price increase? Not necessarily. While often seen as a bullish sign because it reduces immediate selling pressure, a large LINK withdrawal is just one factor. Market prices are influenced by many variables, and investors should conduct their own research. How can I track crypto whale movements? You can track whale movements using on-chain analytics platforms like LookOnChain, Whale Alert, and others that monitor large transactions on various blockchain networks. Did you find this analysis of the recent LINK withdrawal insightful? Share this article on your social media platforms to help others understand the implications of significant whale movements in the crypto market! To learn more about the latest crypto market trends, explore our article on key developments shaping Chainlink price action . This post LINK Withdrawal: Crucial Whale Move Signals Long-Term Intent first appeared on BitcoinWorld and is written by Editorial Team
18 Aug 2025, 15:36
Analyst Says Bitcoin Is Ready for a Huge Bull Run to $600K, Citing Gold’s Trajectory
While Bitcoin undergoes a correction, industry observers are again calling for a historic comeback that could push its price toward $600,000. Over the past few days, Bitcoin entered a cooling phase after hitting a new peak of $124,450 last week. The leading crypto retraced to $114,723 earlier today before recovering slightly to $115,300 at press time. Despite this correction, analysts suggest that Bitcoin is setting up for a "huge bull run."The Pattern Pointing to Bitcoin $600KBitcoin analyst AO compared the current Bitcoin chart to gold’s trajectory from 2006. Particularly, Gold consolidated in a similar wedge and ascending triangle structure before exploding to record highs. AO believes Bitcoin is mirroring that same pattern and is primed for a parabolic rally.The analysis highlights that Bitcoin’s consolidation around $115,000 could serve as the launchpad for a monumental breakout. AO’s chart points to a surge toward $600,000 if Bitcoin fully mirrors gold's historical pattern.The chart shows that Bitcoin has followed a similar trajectory to gold since 2019, and the potential completion of the "missing legs" suggests a path to $600K. Gold had its breakout in 2024, and its pattern has shown an explosive uptrend since then.According to AO’s chart, Bitcoin is at a similar inflection point, with a move above half a million dollars materializing by 2026. AO's Bitcoin and gold chart Interestingly, AO is not the only analyst who has drawn parallels between Bitcoin and gold's long-term charts. Numerous market watchers have highlighted similar breakout patterns , though most have not projected a specific target price for Bitcoin at the end of the mirroring move.Digital Gold Status to Be CementedAO has boldly suggested a $600,000 price target for Bitcoin, which would require a 421% increase from current levels. Notably, this would give Bitcoin a market capitalization of approximately $12 trillion, surpassing tech giants like Apple, Nvidia, and Google, and ranking just behind gold in global valuation.In other words, such a development would further validate Bitcoin’s long-touted status as “digital gold.”In an August 1 Bloomberg interview, VanEck CEO Jan van Eck reaffirmed his belief that Bitcoin could rival gold by capturing half of its market cap. He cited Bitcoin’s maturation and growing acceptance as a reserve asset.Meanwhile, Mexican billionaire Ricardo Salinas Pliego believes Bitcoin will eventually surpass gold’s $22 trillion market cap. Given Bitcoin’s rapid growth of 156% in 2023 and 121% in 2024, compared to gold’s slower gains, Salinas argued that Bitcoin is steadily overtaking gold in both value and relevance.
18 Aug 2025, 15:36
Binance Announces NEO Delisting and New Trading Pairs Including CYBER/USDC and MAV/USDC
Binance has announced it will delist the Neo Legacy network (NEO) effective October 15, 2025, due to the network’s shutdown. Users are advised to withdraw their QLC tokens before this