12 Aug 2025, 01:34

Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Bitcoin staged a sharp recovery over the past week, rebounding from a dip below $114,000 to trade near $121,000, in what Glassnode described in a recent report as a shift from “seller exhaustion to a strong rebound near recent ATHs.” The rally, however, came without a surge in spot market participation. Glassnode data shows spot trading volumes fell 22% to $5.7 billion, close to their statistical low band, suggesting the rebound has been driven more by positioning shifts than deep conviction buying. The Spot Cumulative Volume Delta flipped 94% toward buy pressure, a sign that aggressive selling has been replaced by renewed demand, but not yet across a broad base of traders. On the derivatives side, leveraged traders re-engaged aggressively, Glassnode detailed in its report. Perpetual Cumulative Volume Delta, a measure of the buy-sell pressure in perps, jumped 88%, funding rates remained elevated, and options open interest climbed 6.7% to $42.4 billion. Yet, volatility pricing collapsed by almost a third, indicating a degree of complacency that has historically preceded large market moves. ETF flows offered some relief, with U.S.-listed spot bitcoin ETF outflows halving to $311 million from $686 million the prior week. Even so, ETF trade volume fell 27.7% to $13.7 billion, keeping activity near its low band. QCP Capital framed the weekend surge, which briefly pushed BTC above $122,000, as a function of thin order books and a broader risk-on shift in global markets. “Crypto staged an impressive comeback over the weekend during thin, low-liquidity trading hours,” the Singapore-based trading firm wrote, noting that the bounce aligned with a rebound in U.S. equities and growing expectations for a September Fed rate cut. While on-chain activity improved, active addresses jumped 8.4% to 793,000, and fee volume rose 10%. Glassnode cautioned that elevated profitability levels could quickly turn into selling pressure if sentiment shifts. With 94.1% of supply in profit and the realized profit-to-loss ratio climbing to 1.9, the market may be nearing a point where profit-taking accelerates. The combination of thin liquidity, bullish derivatives positioning, and macro-driven optimism leaves Bitcoin primed for volatile moves as it approaches all-time highs, with the next test likely coming from Tuesday’s U.S. CPI release. Polymarket traders lean toward a modest uptick in line with consensus that would likely keep BTC consolidating, with hotter prints posing a short-term headwind by delaying Fed cuts and softer readings offering a potential breakout catalyst if ETF flows and spot activity strengthen. Market Movers BTC: Bitcoin is trading at $118k as traders pull back and position themselves for the possibility that Tuesday's CPI report might break BTC's momentum. ETH: Ethereum is trading at $4200. Analysts say that ETH's rally is partially due to increased capacity on-chain and lower DeFi costs. Gold: Gold slid to $3,355.13 as upbeat risk sentiment and Trump’s pledge to exclude gold from tariffs weighed on safe-haven demand, though losses were cushioned by rising Fed rate cut bets ahead of this week’s U.S. inflation data. Nikkei 225: Asia-Pacific markets rose Tuesday, with Japan’s Nikkei 225 hitting a record high after the U.S.-China trade truce was extended, while investors awaited the Reserve Bank of Australia’s expected rate cut. S&P 500: U.S. stocks eased, with the S&P 500 down 0.2% and just under its record, as investors await new inflation data .Meanwhile, Citigroup and UBS lifted their year-end S&P 500 targets, citing easing policy risks and solid earnings, with Citi raising its forecast to 6,600 and UBS to 6,100. Elsewhere in Crypto Jeff Bezos' Blue Origin Now Accepts Bitcoin, Ethereum and Solana for Spaceflights (Decrypt) Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data (CoinDesk) Senate Banking Committee Democratic staff slam GOP crypto draft bill as ‘superhighway’ for dodging regulation (The Block)

12 Aug 2025, 01:30

Solana (SOL), Ethereum (ETH) & XRP in ETF Race — But This Under-$1 Coin Could Deliver Bigger Gains Before Year-End

The race for crypto ETFs is heating up. Solana (SOL), Ethereum (ETH), and XRP are among the top contenders. These coins are gaining strong interest from big investors. ETFs could bring billions in new capital. This could change how these coins perform in the market. Solana is popular because it offers fast transactions at a low cost. Developers like building apps on its network. Ethereum remains the most widely used platform for smart contracts and decentralized finance projects. XRP focuses on quick and cheap cross-border payments and has partnerships with major banks around the world. With clear real-world use cases, these coins stand to benefit a lot if ETF approvals happen soon. MAGACOIN FINANCE Shows Big Potential Analysts are saying that MAGACOIN FINANCE could jump 86x in the next market wave. This new coin is affordable and attracting attention from investors. It is creating buzz as a promising under-$1 altcoin. MAGACOIN FINANCE has a growing community that believes in its future. The team is focused on building trust and offering long-term value. Their presale is picking up speed as more people learn about the project. Many experts think that MAGACOIN FINANCE could outperform bigger coins because it offers a fresh opportunity. Its low price makes it easy for investors to get started, even if they are new to crypto. What Investors Should Watch While Solana, Ethereum, and XRP work on ETF approvals, MAGACOIN FINANCE is quietly making waves. The big three offer proven technology and large user bases. At the same time, MAGACOIN FINANCE offers a chance for big gains because it is still early in its journey. If ETFs get the green light, prices for SOL, ETH, and XRP could rise quickly. For investors who want exposure to new projects with high growth potential, MAGACOIN FINANCE is worth a look. Its strong community and solid plans make it a coin to watch as the year wraps up. Conclusion Solana, Ethereum, and XRP are positioned well for growth due to the ETF race. Meanwhile, MAGACOIN FINANCE is emerging as a low-cost altcoin with huge upside potential. Combining established coins with promising new tokens like MAGACOIN FINANCE can help investors stay ahead in a fast-moving market. Investors should watch these coins closely as 2025 unfolds. 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: Solana (SOL), Ethereum (ETH) & XRP in ETF Race — But This Under-$1 Coin Could Deliver Bigger Gains Before Year-End

12 Aug 2025, 01:30

What Crypto to Buy Before Bitcoin’s (BTC) Next Move? This $0.035 Token Tops the List

Bitcoin (BTC) is holding steady near $117,000, with traders watching closely for its next decisive move. While the possibility of a push beyond $120K excites the market, seasoned investors know that the largest gains often come from catching the right project before it breaks into the mainstream. One name keeps surfacing in whale wallets and DeFi circles: Mutuum Finance (MUTM) , a token still in presale at just $0.035. And with its beta launch, anticipated top-tier exchange listings, and a credible DeFi product already mapped out, it’s being positioned by many as the best crypto to buy before Bitcoin’s next leg up. Why Bitcoin Might Not Deliver the Biggest Gains This Time BTC’s stability is a strength, but it’s also a limitation for those seeking high multiples. The asset has already broken records, drawing steady inflows from institutions and ETF buyers. While the long-term outlook remains bullish, short-term percentage returns are likely to be modest compared to the potential of well-structured, early-stage tokens. That’s why attention is drifting toward projects like Mutuum Finance—where early entries can magnify upside if adoption and liquidity arrive as expected. Mutuum Finance: Presale Momentum That Signals Confidence Mutuum Finance has raised $14.3 million from more than 15,000 holders—a figure that speaks to growing investor conviction. At its current price of $0.035, the token is still accessible to retail buyers, but whale accumulation is making headlines. With top-tier exchange listings expected around launch and the beta version of the platform planned to go live by then, projections for the token’s early trading window are ambitious. Analysts following the project suggest that its listing will push gains up to 700% from current levels, setting the tone for a strong first year on the market. How the Lending and Borrowing Engine Works Users who deposit assets such as ETH or DAI are issued mtTokens, like mtETH or mtDAI, in equal quantity to what they supplied. Over time, the amount each mtToken can be exchanged for grows as interest builds, meaning holders see their redemption value rise while the number of tokens in their wallet stays exactly the same. Borrowers can secure liquidity by locking up overcollateralized assets, with no fixed repayment deadlines, as long as their collateral remains above the set threshold. This flexibility is particularly appealing to long-term holders looking to leverage their assets without selling them. Security, Trust and a Built-in Growth Mechanism Investor trust has been bolstered through a successful CertiK audit, confirming the soundness of Mutuum Finance’s smart contracts and earning the project an impressive 95/100 token score. On top of that, a bug bounty program rewards developers for identifying and reporting vulnerabilities, keeping the protocol secure post-launch. The platform’s revenue model also adds a layer of built-in token demand. A portion of protocol fees will be used to buy MUTM on the open market, with those tokens redistributed to users staking mtTokens in the safety module—creating a continuous loop of demand tied to actual platform activity. Why This Matters Before Bitcoin’s Next Move Bitcoin’s price movements often set the tone for the wider market, and when it begins a strong upward run, capital tends to flow quickly into promising altcoins. The tokens that benefit most are typically those already building momentum before BTC breaks higher. Mutuum Finance is positioned to do just that. With a growing base of committed holders, whale inflows during its $0.035 presale, and anticipated top-tier exchange listings aligning with its beta launch, the project is primed to attract liquidity at the right moment. For those looking to position themselves before Bitcoin’s next surge, MUTM offers early access to a DeFi ecosystem that’s already generating attention from serious investors, making it one of the most strategic buys ahead of the market’s next move. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance

12 Aug 2025, 01:22

Bitcoin Investors Reap Profits While Prices Hold Steady at $120,000

The Glassnode report shows extensive profit-taking by investors as Bitcoin stabilizes. Short-term investors play a big role in profit realization at peak levels. Continue Reading: Bitcoin Investors Reap Profits While Prices Hold Steady at $120,000 The post Bitcoin Investors Reap Profits While Prices Hold Steady at $120,000 appeared first on COINTURK NEWS .

12 Aug 2025, 01:21

Binance Coin (BNB) Pushes Higher, Surpasses Nike, DoorDash in Market Cap

Binance’s exchange token continues to thrive and post notable results. With strong backing from investors and institutions, coupled with social media engagement, it seems poised for new, uncharted territories. Surpassing Retail Giants BNB, the native token of the Binance ecosystem, has achieved an impressive feat by surpassing the market capitalizations of sports retailer Nike and food delivery company DoorDash. It is also currently flirting with the caps of Interactive Brokers, and the Michael Saylor-led MicroStrategy. Source: 8marketcap This accomplishment is likely further bolstered by the rise in BNB treasury companies, which continue to inject capital into the coin, driving further growth. CryptoPotato recently covered how Nano Labs, a crypto infrastructure company, announced $500 million deal via convertible notes to acquire BNB, and how today, BNC unveiled their $160M bid for acquiring the asset. At the time of writing, the coin is trading at $795, representing an increase of over 15% for the month. It had recently hit an all-time high (ATH) of $800 on July 23rd, followed by a new record just 5 days later, when the asset closed the day at $844. Source: CoinMarketCap The BNB Chain is also a host of various protocols and NFTs, to name just a few of the use cases. The top 20 NFT collections on the Binance market are mainly in the green over the last 24 hours. Source: Binance Additionally, PancakeSwap, a decentralized exchange (DEX) built on top of it, has benefited from the recent price action, with its native token, CAKE, up over 10% for the month. Where To Now? A large portion of the discussion on X related to Binance Coin is positive, indicating strong investor interest, which is supported by recent gains in adoption and price. Prominent analyst Ali Martinez has taken the recent price structure and compared it to that of Bitcoin, hinting at an early-stage rally and a very optimistic new ATH. $BNB is mirroring Bitcoin $BTC price structure and could be in the early stages of a bull rally to $1,200! pic.twitter.com/mohHzP5B0Z — Ali (@ali_charts) August 9, 2025 The post Binance Coin (BNB) Pushes Higher, Surpasses Nike, DoorDash in Market Cap appeared first on CryptoPotato .

12 Aug 2025, 01:10

Crypto Whales Unveil Massive XRP and ADA Purchases: 900M XRP and 200M ADA Acquired

BitcoinWorld Crypto Whales Unveil Massive XRP and ADA Purchases: 900M XRP and 200M ADA Acquired The cryptocurrency market is always buzzing with activity, but few events capture attention quite like the movements of large holders, often called crypto whales . Recently, renowned crypto analyst and trader Ali Martinez shared a fascinating insight on X: these powerful entities have made substantial acquisitions. In just 48 hours, they purchased a staggering 900 million XRP and 200 million ADA. This massive accumulation by XRP whales and ADA whales raises important questions about market sentiment and potential future price action. Understanding why these significant players make such moves can offer valuable perspectives for all market participants. Understanding the Influence of XRP Whales and ADA Whales When we talk about crypto whales , we refer to individuals or entities holding vast amounts of a particular cryptocurrency. Their trades are so large that they can significantly influence market prices and liquidity. Ali Martinez’s report highlights an extraordinary buying spree, indicating strong conviction among these large holders. The acquisition of 900 million XRP by XRP whales is particularly noteworthy. XRP, a digital asset designed for global payments, has a large circulating supply. A purchase of this magnitude suggests a bullish outlook on its future utility and adoption. Similarly, the 200 million ADA acquired by ADA whales points to confidence in Cardano’s ecosystem and its ongoing development. What Does This Mean for XRP Price and ADA Price ? The immediate impact of such large purchases is often a subject of intense speculation. While direct correlation is not guaranteed, significant accumulation by whales can signal a few key things: Increased Demand: Large purchases absorb available supply, potentially driving up the XRP price and ADA price if demand continues to outpace supply. Investor Confidence: Whale activity can inspire confidence among smaller investors, leading to a broader buying trend. Anticipation of Events: Whales might be positioning themselves ahead of anticipated positive news, network upgrades, or regulatory clarity for XRP and ADA. However, it’s crucial to remember that whale movements are just one piece of the puzzle. Market sentiment, global economic factors, and project developments also play significant roles in determining the long-term trajectory of the XRP price and ADA price . Navigating the Market: Actionable Insights from Crypto Whales For everyday investors, monitoring whale activity can be a useful, though not foolproof, strategy. It provides a glimpse into the actions of those with deep pockets and potentially insider knowledge or advanced market analysis capabilities. Here are some actionable insights: Observe Trends: Look for consistent accumulation or distribution patterns rather than isolated events. Sustained buying by crypto whales often indicates a stronger conviction. Do Your Own Research (DYOR): Always complement whale watching with thorough research into the fundamentals of XRP and ADA. Understand their use cases, technology, and development roadmaps. Risk Management: Never invest more than you can afford to lose. Even significant whale activity does not eliminate market volatility or the potential for price corrections. Diversify Your Portfolio: Relying solely on whale movements can be risky. A diversified portfolio helps mitigate exposure to the performance of any single asset. The recent acquisitions of XRP and ADA by these influential market players serve as a powerful reminder of the dynamic nature of the crypto space. While their actions offer intriguing signals, a balanced approach combining market observation with diligent research remains paramount for informed decision-making. The recent reports of crypto whales accumulating vast amounts of XRP and ADA underscore the ongoing confidence among major investors in these digital assets. Whether these strategic moves lead to significant upward momentum for the XRP price and ADA price remains to be seen, but they certainly add an exciting layer to the current market narrative. For investors, these insights offer a chance to consider broader market sentiment while always prioritizing their own investment strategies and risk tolerance. Frequently Asked Questions (FAQs) What are crypto whales? Crypto whales are individuals or entities that hold a very large amount of a particular cryptocurrency. Their significant holdings mean their buying or selling activities can have a substantial impact on the market price and liquidity of that asset. Why do whale movements matter for XRP and ADA? Whale movements for assets like XRP and ADA matter because they can signal shifts in market sentiment, potential future demand, or anticipation of major project developments. Large purchases often suggest confidence in the asset’s future prospects. Does whale accumulation guarantee price increases for XRP or ADA? No, whale accumulation does not guarantee price increases. While it can be a bullish signal, the market is influenced by numerous factors including overall market trends, regulatory news, global economic conditions, and project-specific developments. Whales can also sell their holdings, impacting prices. How can I track crypto whale activity? You can track crypto whale activity through various on-chain analytics platforms and services that monitor large transactions. Many crypto news outlets and social media analysts also report on significant whale movements. What are the risks associated with following whale movements? Risks include misinterpreting whale intentions (they might be accumulating for other reasons), market manipulation, and the possibility that even large holdings can be liquidated, leading to price drops. Always conduct your own research and consider your personal financial situation. If you found this analysis insightful, please consider sharing it with your network on social media! Your support helps us continue providing valuable crypto market insights. To learn more about the latest crypto market trends, explore our article on key developments shaping XRP and ADA price action. This post Crypto Whales Unveil Massive XRP and ADA Purchases: 900M XRP and 200M ADA Acquired first appeared on BitcoinWorld and is written by Editorial Team