13 Aug 2025, 14:14

Ethereum’s Surge Highlights Growing Altcoin Interest Amid 6% Drop in Bitcoin Dominance

Recent data shows that altcoin interest has surged, with Ethereum, Solana, and Dogecoin leading the gains. Bitcoin’s market dominance has dropped by 6%, indicating a shift in investor focus towards

13 Aug 2025, 14:14

Do Kwon Pleads Guilty to Fraud Charges in Terra Collapse Case

Do Kwon pleads guilty to wire fraud, conspiracy charges in NYC court. Sentencing set for December 11, with plea deal limiting prison to 12 years. Terra collapse tied to $40 billion losses; Kwon remains in U.S. custody. South Korean entrepreneur Do Kwon, co-founder of Terraform Labs and developer of the TerraUSD and Luna cryptocurrencies, has pleaded guilty to two counts of conspiracy to commit fraud and wire fraud, Reuters reports. He had previously pleaded guilty in January to nine counts, including securities fraud and money laundering, with his trial initially set for January 26, 2026. Prosecutors allege Kwon misled investors in 2021 by falsely claiming the Terra Protocol algorithm automatically re-pegged the TerraUSD stablecoin to $1 after a price drop. In reality, he orchestrated a covert purchase of the token by a high-frequency trading firm to artificially inflate its price. ”Do Kwon used the technological promise and investment euphoria surrounding cryptocurrencies to commit one of the largest frauds in history,” said Manhattan U.S. Attorney Jay Clayton. His false statements and actions prompted retail and institutional investors to buy Terraform products, pushing Luna’s market capitalization to $50 billion in spring 2022. However, the collapse of TerraUSD and Luna led to combined losses estimated at $40 billion. In court, Kwon apologized: ”I made false and misleading statements about the reason for the re-pegging without disclosing the role of the trading company in this process. What I did was wrong.” The verdict is slated for December 11, 2025. While the maximum sentence is 25 years, prosecutors agreed to recommend no more than 12 years if Kwon fully admits responsibility. In 2024, he agreed to pay an $80 million civil penalty and was banned from cryptocurrency transactions as part of a $4.55 billion settlement with the US Securities and Exchange Commission. Following his extradition from Montenegro in late 2024, Kwon is in U.S. custody but will also face trial in South Korea. His extradition was initially complicated by multiple appeals and lawsuits. The Montenegrin Court of Appeal overturned the extradition decision in March 2024, but U.S. representatives planned to appeal, while Montenegro’s Prosecutor General’s Office sought to reverse the ruling. Related Legal Cases Highlight Growing Crypto Industry Scrutiny Do Kwon’s guilty plea is part of a broader wave of legal actions targeting major figures in the cryptocurrency industry. Similar high-profile trials have sent strong signals about regulatory enforcement and accountability. For instance, former FTX CEO Sam Bankman-Fried was sentenced to 25 years in prison in 2024 after being found guilty of a range of fraud charges related to the collapse of his exchange. Additionally, Roman Storm, co-founder of the Tornado Cash cryptocurrency mixer, was recently convicted of operating an unlicensed money transfer service and is awaiting sentencing. These cases, alongside Kwon’s, highlight increasing government efforts to clamp down on fraudulent and illicit activities in the crypto sector, emphasizing the need for greater transparency and investor protection in a rapidly evolving market. This trend underscores the growing risks for crypto entrepreneurs and the strengthening legal framework surrounding digital assets.

13 Aug 2025, 14:14

Whales Rotate Funds to Solana & These New Tokens — Is Remittix About To Become The Biggest Underdog Story Ever?

Capital is shifting again. Flows are leaning back toward Solana as traders favor speed, deep liquidity, and busy on-chain activity. Another name riding the spotlight is Hyperliquid, where perpetual volume and a fresh token narrative have sparked a wave of Hyperliquid Price Prediction threads. In the middle of this rotation sits Remittix (RTX) , a small-cap PayFi play on Ethereum that keeps winning mentions for clear delivery dates and real-world payments. Solana: flows, speed, and a clean technical map Live boards put Solana near the high-$180s today, with multi-billion dollar 24-hour volume and a top-10 market cap, signaling plenty of depth for larger tickets. The watch level remains how SOL behaves around recent swing areas as liquidity concentrates on majors. If risk stays firm, technicians still point to the $200–$300 band as the next meaningful zone to test. Source: CMC Community Analyst roundups this month cluster mid-cycle targets from roughly $400 on the high end for 2025, with more conservative desks centering near $500 over a longer window if network usage and app momentum hold up. That leaves upside room if volumes expand and headline risk stays quiet. Hyperliquid Price Prediction: can HYPE extend after support is held? HYPE trades in the low-$40s with heavy daily turnover and a market cap in the mid-teens, reflecting fast adoption of the Hyperliquid stack. Short-term structures improved after a strong hold at ~$35.65, with several desks mapping a push toward the $50–$56 area if buyers keep control. Others flag nearer targets around $43–$45 contingent on reclaiming the $40–$41 zone with volume. Longer horizon takes are more varied. Some forecasts pencil a 2025 high near $70 if liquidity remains supportive and ecosystem catalysts land on time. As always, invalidation sits below recent higher-lows, where a decisive break would argue for a deeper retest. Remittix (RTX): the underdog with a clock and a use case Remittix is built for PayFi, not memes. The project focuses on low-fee, crypto-to-bank payouts and cross-chain rails, which is why it keeps appearing on “utilities first” screens. Crucially, the team works off dated milestones and public funding tallies, and coverage this week highlighted progress toward a key threshold that could unlock the first exchange reveal. Why RTX is on watchlists right now Wallet beta publicly dated for September 15, 2025 Cross-chain path centered on Ethereum, with Solana connectivity at launch Utility lens: crypto payments into real bank accounts Funding round approaching a headline trigger per recent coverage One more catalyst to circle: Remittix says it will reveal the name of its first CEX listing when the raise hits $20M, a line in the sand that traders often front-run for liquidity. What this rotation is really saying Whale flows into Solana and fresh interest in Hyperliquid suggest the market is still rewarding throughput, depth, and places where traders can express risk cleanly. The Hyperliquid Price Prediction debate looks constructive above recent supports, while SOL’s path depends on whether volumes broaden into the next resistance band. RTX is the wildcard. It mixes small-cap reflexivity with a dated product and a potential CEX-name reveal, giving it a different kind of runway than momentum alone. In a cycle that keeps favoring projects that ship, that combination is why the underdog story is getting louder. Discover the future of PayFi with Remittix: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

13 Aug 2025, 14:12

Institutional Inflows Keep Pouring into Bitcoin — How Is BTC Price Reacting?

Bitcoin’s rally narrative in 2025 is increasingly being shaped by one dominant force — institutional inflows. From record-breaking ETF demand to corporate treasury accumulation, capital from professional investors is transforming Bitcoin’s market structure. But while the buying pressure has been substantial, recent price action shows that even in a bullish macro trend, short-term corrections remain part of the game. BTC Institutional Inflows Surge in 2025 The scale of institutional participation this year is remarkable: $50 Billion in 2025 Alone – A Deutsche Bank report estimates that institutional investment inflows into Bitcoin have already topped $50 billion this year. ETF Powerhouses – BlackRock’s iShares Bitcoin Trust (IBIT) now holds more than $80 billion in assets, surpassing the growth trajectory of gold ETFs at the same stage. Source: blackrock.com Record-Breaking ETF Flows – Spot Bitcoin ETFs have attracted $14.8 billion in inflows as of late July, driven by both retail and institutional buyers. Long-Term Projections – Strategic studies forecast inflows reaching $120 billion by 2025 and up to $300 billion by 2026, potentially accelerating Bitcoin’s path toward broader adoption. These figures highlight a structural shift — Bitcoin is no longer just a speculative retail asset but an increasingly embedded component of institutional portfolios. Smart PR in Bull Markets: Outset PR’s Role In conditions like these — where institutional capital is flowing and market sentiment is strong — smart PR becomes an indispensable growth multiplier. Whether markets are surging or consolidating, strategic communications can determine whether a brand rides the trend or gets lost in the noise. If PR has ever felt like navigating a foggy road without headlights, Outset PR brings clarity with data. Its strategies combine retrospective and real-time metrics to deliver results with lasting impact. Rather than relying on vague promises, Outset PR delivers concrete plans tied to perfect publication timing, product–market fit-driven narratives, and performance-based media selection. While many crypto PR agencies rely on standardized packages and mass outreach, Outset PR builds tailored campaigns calibrated to each client’s goals, budget, and growth stage. Its proprietary traffic acquisition technology blends organic editorial placements with SEO and lead generation, allowing clients to dominate high-discovery surfaces. The firm’s internal media analytics desk tracks outlet performance by domain activity, month-on-month visibility shifts, audience geography, and traffic sources — enabling data-driven media targeting. In a market upswing, such as Bitcoin’s current momentum phase, the opportunity window for visibility is wide open — but only for brands that know how to time and place their stories. Outset PR ensures clients are positioned where the market’s attention is highest. 👉 Reach Out to Outset PR to Boost Your Brand Visibility BTC Price Reaction: Rally Meets Pullback Despite these inflows, Bitcoin’s price has seen notable short-term volatility: Current Price – As of now, BTC is trading near $118,458, down 1.6% from its previous close. Intraday Range – The day’s high reached $120,726, with a low of $118,249, reflecting a pullback from the recent all-time high of around $123K. ETF Outflows Amid Inflows – While total inflows remain strong, short bursts of outflows — like BlackRock’s IBIT recent $292 million withdrawal — can trigger quick retracements. This suggests that while the long-term institutional trend is supportive, short-term price action can still be heavily influenced by liquidity shifts and profit-taking. Conclusion Institutional inflows into Bitcoin show no sign of slowing, with billions in capital reshaping market dynamics in 2025. While short-term dips below $120K are natural, the structural demand from ETFs, corporate treasuries, and sovereign funds creates a solid foundation for long-term growth. For crypto brands, moments like this are a rare alignment of market and narrative opportunity. With Outset PR’s data-driven, tailored strategies, the potential to capture and convert market attention is greater than ever. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

13 Aug 2025, 14:10

XRP Poised for $9.63 Rally as Legal Heavyweight Champions Ripple’s Escrow Strategy

XRP’s Next Test: Can a 188% Wave Carry Price to $9.63? Market analyst Javon Marks says , “Based on XRP's previous bull cycle performance and this one shaping up in an extremely similar manner, the next levels to be pushed is at $9.63 in another +188% run from here.” Therefore, Marks has reaffirmed his bullish XRP outlook, predicting a $9.63 target based on repeating bull-cycle patterns, matching on-chain flows, and rising institutional interest that echoes the lead-up to XRP’s past explosive rallies. XRP continues to build bullish momentum with the 3rd-largest cryptocurrency by market cap being 11.3% up in the past week to hit $3.28, according to CoinGecko data . Notably, Marks’ bold $9.63 target builds on historical patterns strengthened by rising institutional inflows and clearer regulation, while veteran macro strategist Gert van Lagen points to a key XRP breakout that could signal an even larger rally toward $34. Bill Morgan Throws Weight Behind Ripple’s Escrow Australian lawyer Bill Morgan is doubling down on Ripple’s escrow as a feature, not a flaw, arguing that its monthly release schedule supports price stability by keeping XRP’s supply transparent and predictable, countering claims that it floods the market with tokens. Taking on X, formerly Twitter, Morgan noted , “Even after eight years, if you do not agree with him, there are scores of compelling reasons why the release of XRP from escrow provides no helpful explanation of significant XRP price movement.” Created in 2017 to lock up 55 billion XRP, Ripple’s escrow releases up to 1 billion tokens monthly, with unused amounts re-escrowed, capping supply, reducing uncertainty, and signaling discipline to institutions. As a result, Morgan says that eight years later, its core goal remains: ensure supply predictability and support healthy markets. Recent on-chain snapshots show the mechanism’s scale and current state. XRP escrow holdings sit near 35.6 billion XRP, while circulating supply is about 64.36 billion. In practice, Ripple commonly re-locks the majority of monthly unlocks, meaning far less than the theoretical 1 billion enters circulation, another reason Morgan contends the process doesn’t mechanically pressure price. The debate flared again in early August amid routine unlocks and headline volatility. Morgan’s rebuttal is that predictable issuance and strong utility positioning matter more to price than calendar-based unlocks. He also notes that even U.S. regulators have acknowledged the escrow’s intent to buttress market confidence rather than depress prices, an important contextual point for investors parsing narratives around supply. Ripple’s own leaders have reiterated the operational guardrails. CTO David Schwartz recently clarified that escrow releases are scheduled for the first day of each month and only reflect on-ledger once a triggering transaction is submitted. That procedural clarity, paired with the historical pattern of re-locks, helps explain why monthly unlocks often land with less impact than social media suggests. Conclusion Morgan frames Ripple’s escrow as a safeguard for XRP’s long-term market health, a transparent, structured system that, with disciplined management, could anchor lasting institutional trust. On the other hand, if XRP maintains its current momentum and mirrors its past bull cycle, Marks’ $9.63 target could be within reach, but success hinges on sustained buying pressure and favorable market sentiments.

13 Aug 2025, 14:10

MetaMask ZK-proof Rewards: Unlocking Revolutionary Passive Earnings for Card Users

BitcoinWorld MetaMask ZK-proof Rewards: Unlocking Revolutionary Passive Earnings for Card Users The world of decentralized finance just got more exciting! Imagine earning passive income simply by holding your MetaMask Card. This isn’t a dream; it’s the new reality thanks to the innovative MetaMask ZK-proof rewards program. This groundbreaking initiative promises to transform how users engage with their crypto assets, offering a seamless and secure way to grow their holdings. What are MetaMask ZK-Proof Rewards and How Do They Work? MetaMask, the leading crypto wallet, has teamed up with Consensys’ layer-2 network Linea and Brevis to introduce a first-of-its-kind ZK-proof-based rewards system. This program is designed specifically for MetaMask Card holders , providing a direct path to earning rewards. It begins with a competitive 2.4% fixed APR on USDC lending and borrowing activities on Aave. The entire operation takes place on Linea, ensuring efficiency and lower transaction costs. This is not a complex process requiring constant attention; it’s a passive earning opportunity. This initiative leverages cutting-edge technology to deliver value directly to users, making participation in DeFi more accessible and rewarding than ever before. Unlocking Benefits for MetaMask Card Holders For individuals holding a MetaMask Card, this new rewards program offers compelling advantages. The design focuses on user convenience and transparency, addressing common concerns in the crypto space. The program runs entirely on-chain via Brevis’ Incentra . This means every payout is verifiable and transparent, building a high level of trust. There are no hidden fees or complex steps required from the user’s side. Passive Income: Users earn without needing to actively manage their funds daily. Transparency: All rewards and transactions are publicly verifiable on the blockchain. Simplicity: The program requires no extra user actions beyond holding the card and participating in the specified DeFi activities. This approach simplifies earning crypto rewards, making it appealing for both seasoned DeFi enthusiasts and newcomers. The Power of ZK-Proofs in a Crypto Rewards Program Zero-Knowledge Proofs (ZK-proofs) are a cornerstone of this innovative system. These cryptographic proofs allow one party to prove to another that a statement is true, without revealing any information beyond the validity of the statement itself. In the context of this crypto rewards program , ZK-proofs ensure that rewards are calculated and distributed accurately and securely, without exposing sensitive user data. This technology is vital for maintaining privacy and security within decentralized applications. It enables the system to verify eligibility and process payouts with absolute certainty, all while keeping user-specific details confidential. This commitment to privacy and verifiable payouts sets a new standard for on-chain rewards. Exploring Linea Network Benefits and Future Implications The choice of Consensys’ Linea network is strategic. As a Layer-2 solution, Linea offers scalability and reduced gas fees, which are crucial for making such a rewards program economically viable and user-friendly. The collaboration with Linea underscores a commitment to building robust, efficient, and user-centric DeFi applications. This development is more than just a new rewards scheme; it represents a significant step forward for the broader DeFi ecosystem. It demonstrates how advanced cryptographic techniques like ZK-proofs can be integrated to create truly trustless and automated financial products. The success of this program could pave the way for similar initiatives, expanding the utility and appeal of digital assets for a wider audience. It truly highlights the potential of Linea network benefits for real-world applications. Is This On-Chain Rewards Program Right for You? If you are a MetaMask Card holder looking to maximize your crypto assets with minimal effort, this on-chain rewards program is certainly worth exploring. The fixed 2.4% APR on USDC on Aave provides a stable and predictable earning opportunity in a often volatile market. The simplicity and transparency offered by Brevis’ Incentra and the underlying ZK-proof technology mean you can participate with confidence. It’s an excellent example of how innovation in Web3 is making financial opportunities more accessible and secure for everyone. In conclusion, the launch of MetaMask ZK-proof rewards marks a pivotal moment for MetaMask Card holders and the wider DeFi community. By combining the power of ZK-proofs with the efficiency of Linea and the user-friendly interface of MetaMask, this program offers a compelling new way to earn passive income securely and transparently. It’s a testament to the ongoing evolution of decentralized finance, promising a future where earning crypto rewards is simpler and more reliable than ever before. Frequently Asked Questions (FAQs) Q1: What is the MetaMask ZK-proof rewards program? A1: It’s a new program for MetaMask Card holders, in partnership with Linea and Brevis, offering a passive 2.4% fixed APR on USDC lending/borrowing on Aave, powered by ZK-proofs for transparent, on-chain payouts. Q2: Who is eligible for these rewards? A2: The program is specifically designed for MetaMask Card holders. Q3: How are the rewards paid out, and is it transparent? A3: Rewards are paid out fully on-chain via Brevis’ Incentra. The use of ZK-proofs ensures payouts are transparent and verifiable without requiring extra user actions. Q4: What is the significance of using ZK-proofs? A4: ZK-proofs ensure the security and privacy of the rewards program. They allow for verifiable payouts without revealing sensitive user information, building trust and efficiency. Q5: What role does the Linea network play? A5: Linea, a Layer-2 network by Consensys, hosts the program, providing scalability and reduced transaction costs, making the rewards more economically viable for users. Q6: Do I need to perform complex actions to earn rewards? A6: No, the program is designed for passive earning. Once set up, it requires no extra user actions, making it simple and convenient. If you found this insight into MetaMask’s new ZK-proof rewards program valuable, share it with your network! Help spread the word about this exciting development in decentralized finance and empower more users to explore passive crypto earning opportunities. Share this article on Twitter, Facebook, or LinkedIn! To learn more about the latest crypto rewards trends, explore our article on key developments shaping DeFi innovation . This post MetaMask ZK-proof Rewards: Unlocking Revolutionary Passive Earnings for Card Users first appeared on BitcoinWorld and is written by Editorial Team