5 Aug 2025, 19:29

This Coinbase-Listed Crypto Is Taking Off—With a Little Help From Ethereum: Analysis

Mantle, "the largest ETH-backed treasury amongst Web3 entities," is surprising traders today in an otherwise down market.

5 Aug 2025, 19:27

Crypto treasury boom likely over, says Galaxy Digital's Mike Novogratz

More on Galaxy Digital Holdings Ltd., Galaxy Digital Inc. Galaxy Digital: Crypto Cycles And AI Servers Collide (Rating Upgrade) Galaxy Digital: Updating My Thoughts Post-Nasdaq Listing (Rating Downgrade) Galaxy Digital Holdings Ltd. (BRPHF) Q1 2025 Earnings Call Transcript Galaxy Digital works with Fireblocks to expand institutional crypto staking Crypto-linked stocks climb with bitcoin after Israel-Iran ceasefire

5 Aug 2025, 19:15

Dogecoin Price Prediction: Analyst Calls This the Perfect Entry – Is DOGE About to Explode?

The DOGE bull run could be in for a continuation, as popular pseudonymous analyst Cantonese Cat cites “great risk-reward” on the Dogecoin price outlook . While macro uncertainty has dulled enthusiasm for riskier plays like meme coins , an 8% weekend bounce could signal the start of a new DOGE uptrend. With the “reciprocal” tariff pause now over and higher duties on 92 countries set to take effect August 7, risk-on sentiment has been weakened amid fears of a mid-2025 bear market repeat. However, speculation around a potential September rate cut remains high, with the potential to stimulate new inflows into risk assets like cryptocurrencies as the cost of borrowing lowers. BREAKING: SEPTEMBER RATE CUT ODDS SURGE TO 90%. pic.twitter.com/HRpJouBbWN — Crypto Rover (@rovercrc) August 5, 2025 Is Dogecoin Ready for A Reversal? In response to previous post shared on X, Cantonese Cat added that Doge displays “great risk-reward here and that I’ll do what I can to buy.“ I bought a little bit more $DOGE and #Fartcoin last night, but you pretty much knew that I think it's great risk-reward here and that I'll do what I can to buy anyway. https://t.co/ccUByCNFnh — Cantonese Cat (@cantonmeow) August 3, 2025 The post in question noted how the Dogecoin price had broken the ”bear market trendline” that has held it in downtrend since late July, now retesting a ”bull market” support band. Coinglass derivatives data shows speculative demand picking up again, with Open Interest up 2.43% today to $3.15 billion, traders are actively following price moves. Dogecoin Open Interest. Source: Coinglass. Exchange data shows these traders are positioning for a bullish continuation, with a Binance Long/Short Ratio of 2.98, 75% of traders positioning long. Dogecoin Price Analysis: Is the Bull Market Ready to Continue? The breakout from the “bear market trendline” noted by Cantonese Cat feeds into a broader falling wedge pattern, acting as the upper boundary to its consolidation. DOGE / USDT 4-hour chart, falling wedge breakout. Source: TradingView, Binance. A successful back-test of this trendline has now confirmed it as support, marking a higher low and validating the wedge breakout structure. Momentum indicators are flashing green. The RSI is now back above the neutral line at 52 after briefly dipping, a sign that buyers are in control. The MACD line tells a similar story, maintaining its lead on the signal line despite a slight hiccup, signalling a strong short-term uptrend taking root. If this momentum holds, the wedge breakout targets past resistance at $0.25 for a potential 25% gain. Should this level flip to support, the rally may extend toward the mid-July high at $0.2875 in a 38% gain, clearing a path for a continuation of the bull run. Traders Don’t Need To Wait For the Bull Run to See Gains Dogecoin could be on the cusp of another bull run, but the market hasn’t fully priced in the impact of reciprocal tariffs following the U.S. duty hike set for August 7—HODLing here is still a high-risk bet. Leverage traders play by different rules; they don’t wait for the market to climb, they profit by predicting the move before it happens. Now with CoinFutures, the brand-new leveraged trading platform from the hugely popular CoinPoker platform, getting started is simpler than ever. With CoinFutures , you decide if a crypto is going up or down, how much to stake, and how much leverage to use—up to 1000x. This leverage is what multiplies potential winnings (and potential losses). But, thanks to built-in stop-loss orders and the option to cash out any time, you control your exposure and risk. For spot traders, a 1000x is a rare occurrence requiring the luck to get in early or the conviction to play the long game. For leverage traders, it’s a strategic choice. Early sign-ups receive a 150% bonus on initial deposits over $2,000, with no KYC or exchange accounts required to sign up. Click Here to Find Out More The post Dogecoin Price Prediction: Analyst Calls This the Perfect Entry – Is DOGE About to Explode? appeared first on Cryptonews .

5 Aug 2025, 19:10

Russia received less than $10 billion from oil and gas in July

Russia has registered a significant decline in revenues from oil and gas amid a new spike in geopolitical tensions with the West, threatening Moscow’s income from energy sales. The data indicating a 27% year-on-year drop registered in July comes out along with a projected $150-million shortfall in budget receipts from the same sources in August. Russia receives less than $10 billion from July oil and gas sales Russia’s oil and natural gas revenues fell by 27% in July 2025, compared to the same month of 2024, the official TASS news agency reported, quoting numbers published by the finance ministry in Moscow. In absolute terms, the revenues were down to 787.3 billion rubles (approx. $9.8 billion), from last July’s 1.079 trillion rubles (almost $13.5 billion), the official figures show. Between January and July this year alone, Russia lost some 18.5% of oil and gas revenues, which decreased to a total of 5.522 trillion rubles ($69 billion) for the whole period, the Ministry of Finance ( Minfin ) added, further detailing: “Taxes on oil and gas condensate extraction brought 885.2 billion rubles ($11 billion) to the budget in July 2025, which is 34.3% lower than last year.” At the same time, the department registered a threefold increase in receipts from a special mineral extraction tax and export duty on natural gas in July, which reached 76.9 billion rubles ($960 million) in 2025, up from last year’s 25.1 billion rubles ($313 million). Russia expects $150 million decline in budget income from oil and gas in August Meanwhile, the ministry also admitted that next month the shortfall in oil and gas revenues to the federal budget may reach 12.1 billion rubles (over $151 million). Pointing out that the deviation between forecast and actual figures was positive in July, when it stood at 5.9 billion rubles (nearly $73.8 million), the Minfin said: “The volume of additional oil and gas revenues of the federal budget is projected at -12.1 billion rubles in August 2025.” The finance ministry also revealed that payments from the state budget to oil companies under the so-called “fuel damper mechanism” amounted to 59.9 billion rubles in July, or $749 million in July. This is the first time these payments have risen this year. Their lowest level was in June, at 34.5 billion rubles, and the highest total, 156.4 billion rubles, was recorded in January. Under the scheme, introduced in 2019, if the difference between export fuel prices and the indicative domestic price determined by law is positive, the state pays oil companies. And if the difference is negative, oil companies refund the budget. The latest official stats on oil and gas trade come amid growing pressure on Russian energy exports, as part of Western sanctions aimed at curbing Moscow’s ability to fund its ongoing invasion of Ukraine. In mid-July, the European Union approved a new price cap for Russian oil, set to around $15 below global market rates, with its latest, 18th package of punitive measures. The EU also wants to thwart any efforts to restore the Nord Stream gas pipelines in the future. At the end of last month, U.S. President Donald Trump imposed 25% tariffs on India, accusing the world’s most populous democracy of being a major buyer of Russian energy, among other sins. Shortly after, Russian oil tankers were reportedly seen idling off the Indian coast. However, officials in New Delhi made it clear on the weekend that no instructions have been issued for Indian companies to reduce Russian oil imports. And this week, Russia itself slammed the tariff threats coming from Washington, stressing India has the right to choose its trade partners. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

5 Aug 2025, 19:10

Crucial Fed Rate Cut Unlikely Soon: What BofA CEO’s Dire Warning Means for Your Finances

BitcoinWorld Crucial Fed Rate Cut Unlikely Soon: What BofA CEO’s Dire Warning Means for Your Finances The financial world is buzzing with a significant announcement from Bank of America (BofA). Brian Moynihan, the bank’s Chief Executive Officer, recently shared insights that could shape our financial futures. According to reports by Walter Bloomberg on X, Moynihan conveyed that BofA’s own economists do not foresee a Fed rate cut happening in the near term. This perspective is rooted in the expectation that taming inflation will take longer than many initially hoped. Why is the Federal Reserve Holding Steady on Interest Rates? Many have been eagerly anticipating a shift in the Federal Reserve ‘s monetary policy. However, the latest commentary from BofA’s top brass suggests patience is key. The core reason for this cautious stance is the persistent challenge of high inflation . While there have been signs of moderation, the pace of decline isn’t rapid enough for the Fed to consider easing its tight monetary grip. Persistent Inflation: Consumer prices, though off their peaks, remain elevated. The Federal Reserve’s primary goal is price stability, meaning inflation needs to consistently move towards its 2% target. Strong Labor Market: A robust job market, while positive for employment, can also contribute to wage growth pressures, which in turn can fuel inflation. Economic Resilience: Despite higher interest rates , the U.S. economy has shown remarkable resilience, suggesting that current policies haven’t yet cooled demand sufficiently to bring inflation down quickly. This careful approach from the Federal Reserve aims to avoid prematurely loosening policy, which could risk a resurgence of inflationary pressures. Therefore, the prevailing sentiment among BofA economists is that the current high interest rates are here to stay for a while longer. What Does This Economic Outlook Mean for Your Wallet? If the Federal Reserve maintains its current stance on interest rates , it has significant implications for everyone, from individual consumers to large corporations. A prolonged period of higher rates impacts borrowing costs, savings, and investment strategies. For instance, mortgage rates, car loans, and credit card interest will likely remain elevated, making borrowing more expensive. Conversely, savers might see slightly better returns on their deposits, though these often don’t keep pace with the true cost of living if inflation remains high. Businesses face higher costs for capital, which can affect expansion plans and hiring. This complex economic outlook requires careful financial planning. Borrowing Costs: Expect higher rates on new loans and potentially variable-rate debts. Savings: Savings accounts and Certificates of Deposit (CDs) may offer more attractive returns. Investments: Fixed-income investments might become more appealing, while growth stocks could face headwinds due to higher discount rates. Understanding these dynamics is crucial for making informed financial decisions in the current environment. The Bank of America’s perspective reinforces the need for vigilance. Navigating Future Economic Uncertainty: What’s Next? The consensus from Bank of America’s economists paints a clear picture: don’t expect a rapid pivot from the Federal Reserve. The battle against inflation is proving to be a marathon, not a sprint. This means individuals and businesses should continue to plan for an environment of sustained higher interest rates . It’s an important reminder that economic forecasts are always subject to change, but current data points towards a patient Fed. As we move forward, monitoring economic indicators such as consumer price index (CPI) reports, employment figures, and retail sales will be vital. These data points will ultimately guide the Federal Reserve’s decisions regarding any potential Fed rate cut . The key takeaway is that the path to lower rates is likely to be gradual and data-dependent, challenging previous market expectations for swift action. In conclusion, Brian Moynihan’s comments underscore a realistic view of the current economic landscape. The persistent fight against inflation means the Federal Reserve is unlikely to implement a Fed rate cut anytime soon. This continued period of higher interest rates will influence everything from your mortgage payments to investment returns, urging us all to adapt our financial strategies to this evolving economic outlook . Staying informed about the Federal Reserve’s actions and inflation trends is more important than ever. Frequently Asked Questions (FAQs) Q1: What is the main reason Bank of America’s CEO believes a Fed rate cut is unlikely soon? A1: According to BofA CEO Brian Moynihan, the bank’s economists believe the Federal Reserve will not cut interest rates soon because inflation is expected to take longer to decline to their target. Q2: How do higher interest rates affect consumers? A2: Higher interest rates generally mean increased borrowing costs for consumers on things like mortgages, car loans, and credit card debt. Conversely, savings accounts and Certificates of Deposit (CDs) may offer slightly better returns. Q3: What is the Federal Reserve’s primary goal regarding inflation? A3: The Federal Reserve’s primary goal concerning inflation is to achieve price stability, typically aiming for a 2% inflation rate over the long run. Q4: Will the Fed ever cut interest rates, or will they stay high indefinitely? A4: While a Fed rate cut is not expected soon, the Federal Reserve’s decisions are data-dependent. If inflation consistently moves towards its 2% target and economic conditions warrant, rate cuts could eventually occur, but the current outlook suggests a prolonged period of higher rates. Q5: Where can I find reliable updates on the economic outlook and interest rates? A5: Reliable updates on the economic outlook and interest rates can be found from official sources like the Federal Reserve, major financial news outlets, and reputable economists’ reports, such as those from Bank of America. If you found this article insightful, please consider sharing it with your friends and network on social media! Your shares help us reach more people interested in understanding the complexities of the global economy. To learn more about the latest economic outlook trends, explore our article on key developments shaping interest rates and inflation . This post Crucial Fed Rate Cut Unlikely Soon: What BofA CEO’s Dire Warning Means for Your Finances first appeared on BitcoinWorld and is written by Editorial Team

5 Aug 2025, 19:04

Vitalik Buterin Proposes Significant Changes to Ethereum: Here’s What Will Happen If They Are Accepted

Ethereum co-founder Vitalik Buterin is making headlines with his proposal for a radical reform of the network's fee system. Buterin aims to introduce a new system he calls a “multi-dimensional fee model” in an effort to overcome the limitations of Ethereum's current fee structure and increase the network's long-term scalability. In his proposal, co-authored with researcher Anders Elowsson, Buterin suggests implementing a single maximum fee limit (max_fee) system across all resources, rather than requiring users to set separate fee limits for each network resource, such as compute, storage, and data, when sending a transaction. This structure would allow for dynamic fee allocation, enabling more efficient resource utilization. Traffic on the Ethereum network has decreased recently, and gas fees have been below 1 Gwei for an extended period. This low demand environment further highlights the inadequacies of the current fee structure. Buterin's proposed new system promises a sustainable and stable fee architecture that can respond more flexibly to these fluctuations. Related News: Pay Attention to This Date in Bitcoin: Critical Country to Discuss Adding BTC to Its Treasury Key components of the new model include: A unique fee update mechanism A generalized reference pricing method There is a gas compensation system to ensure cost stability. Currently, the Ethereum network handles general transactions (EIP-1559) and blob data transactions (EIP-4844) through separate systems. Buterin's proposal aims to combine these two systems under a multi-dimensional fee model, providing a consistent approach in an environment where resource usage is increasingly diverse. The first phase of the new system will begin with the calldata component, which significantly impacts transaction propagation speed. It will then be extended to other resources within the Ethereum Virtual Machine (EVM). The proposed model will be implemented gradually, ensuring backward compatibility to avoid disrupting the existing user experience. *This is not investment advice. Continue Reading: Vitalik Buterin Proposes Significant Changes to Ethereum: Here’s What Will Happen If They Are Accepted