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bitcoinist.com Bitcoin Gets Elon Musk’s Seal Of Approval Again

Late on 7 August 2025, Elon Musk fired off a single “😂” beneath a Coinbase post on X that showcased an animated, Grok-generated revival of the classic Bitcoin “magic internet money” wizard. The billionaire’s trademark minimalist reaction was enough to ignite another round of speculation that he remains firmly in Bitcoin’s corner. The Coinbase clip, […]

bitcoinmagazine.com Will America Become the Bitcoin and Crypto Capital of the World? Here’s an Expert’s Take.

Bitcoin Magazine Will America Become the Bitcoin and Crypto Capital of the World? Here’s an Expert’s Take. In the wake of the Tornado Cash verdict and the Samourai Wallet developers' plea deal, Peter Van Valkenburgh, executive director of Coin Center, a nonprofit organization focused on Bitcoin and crypto policy issues, believes that President Trump’s vision of making the United States the crypto capital of the world might not be truly fulfilled. This post Will America Become the Bitcoin and Crypto Capital of the World? Here’s an Expert’s Take. first appeared on Bitcoin Magazine and is written by Frank Corva.

blockonomi.com SUI Price Bounces Off Key Support, Eyes Rally Toward $8–$10

TLDR: SUI price holds firm at $3.20 support, confirming steady buyer demand. Ascending wedge pattern suggests a breakout target between $8 and $10. Trading volume exceeds $1.7B, indicating high market interest and momentum. Fibonacci levels at 0.618 and 1.618 mark critical support and resistance zones. The price of Sui (SUI) has recently tested a key [...] The post SUI Price Bounces Off Key Support, Eyes Rally Toward $8–$10 appeared first on Blockonomi.

blockonomi.com Panama Canal May Offer Bitcoin Toll Discounts as Mayor Backs Proposal

TLDR Panama City mayor supports proposal for Bitcoin toll payments on the Panama Canal. The plan could offer reduced fees to ships paying in Bitcoin. Max Keiser says it could help Panama build a strategic Bitcoin reserve. The Panama Canal generates about 5 billion dollars annually. The canal facilitates up to 14,000 ship crossings each [...] The post Panama Canal May Offer Bitcoin Toll Discounts as Mayor Backs Proposal appeared first on Blockonomi.

news.bitcoin.com XRP ETF Approval Odds Soar to 90% After Ripple-SEC Legal Battle Ends

On Aug. 8, data from Polymarket revealed that the chances of the U.S. Securities and Exchange Commission greenlighting a Ripple ETF soared to almost 90%. End of Legal Battle Removes Key Hurdle The odds of the U.S. Securities and Exchange Commission (SEC) approving a Ripple exchange-traded fund (ETF) briefly jumped to just under 90% on […]

blockonomi.com Analysts Predict Dogecoin Rally as Bullish Chart Patterns Align for Breakout

TLDR Dogecoin is trading at $0.2222 after gaining 3.7% in the past 24 hours Analysts identify a bullish rising wedge on the weekly chart since late 2023 lows The price is approaching Ichimoku Cloud resistance between $0.27 and $0.30 A break above $0.30 could open targets at $0.45 and $1.10 Long-term ascending channel patterns suggest [...] The post Analysts Predict Dogecoin Rally as Bullish Chart Patterns Align for Breakout appeared first on Blockonomi.

blockonomi.com XRP Futures Surge 208% as Price Jumps After Ripple’s SEC Legal Victory

TLDR XRP futures volume increased by over 200 percent in the past 24 hours following a strong price rally. Ripple ended its long-standing legal dispute with the US SEC which boosted market confidence in XRP. Glassnode reported that XRP futures open interest rose significantly alongside higher trading volumes. Coinglass data showed that futures volume reached [...] The post XRP Futures Surge 208% as Price Jumps After Ripple’s SEC Legal Victory appeared first on Blockonomi.

blockonomi.com SEI Price Holds $0.28 Support, Targets $0.48 and Beyond

TLDR: SEI price holds critical $0.285 support, signaling bullish or bearish direction. Targets include $0.48, $0.56, and $0.67 Fibonacci resistance levels. Trading volume above $160M shows active participation but lacks clear momentum. Falling below $0.285 could trigger a bearish retracement to lower price zones. SEI’s price sits right above a key support level near $0.285, [...] The post SEI Price Holds $0.28 Support, Targets $0.48 and Beyond appeared first on Blockonomi.

blockonomi.com Dogecoin Price: DOGE To Hit $0.75 In Early 2026 According To Top Analysts, But This Sub $0.10 Crypto May Beat It To $1

Recent predictions indicate that by early 2026, Dogecoin’s price may rise to $0.75. According to analysts, this upside could come to pass if usage rises and the bigger cryptocurrency markets recover. Stronger use cases could lead to a resurgence in demand for Dogecoin, according to a number of market analysts. At the moment, Dogecoin is [...] The post Dogecoin Price: DOGE To Hit $0.75 In Early 2026 According To Top Analysts, But This Sub $0.10 Crypto May Beat It To $1 appeared first on Blockonomi.

blockonomi.com XRP Rally Ignites Cloud Mining — Contract Model Enables $10,000 Daily Earnings

Chicago, Illinois — August 8, 2025 — With XRP’s price climbing to $2.48 today and market sentiment rebounding, more investors are seeking new ways to mitigate price volatility and secure stable returns. Through cloud mining platforms, users can directly use XRP to activate USD-denominated mining contracts, locking in earnings and avoiding the uncertainty caused by [...] The post XRP Rally Ignites Cloud Mining — Contract Model Enables $10,000 Daily Earnings appeared first on Blockonomi.

bitcoinist.com Analyst Shares Where Bitcoin, Ethereum, And XRP Prices Will Be By 2032

A bold prediction for Bitcoin, Ethereum, and XRP prices by March 2032 has surfaced on social media, which places into perspective the future of the cryptocurrency market. The forecast, which was shared by crypto commentator Fapital on the social media platform X, reveals a vision of where these leading assets could stand seven years from […]

blockonomi.com Peter Brandt Names Bitcoin the Top Store of Value Over Gold

TLDR Peter Brandt stated that Bitcoin will replace gold as the leading store of value. He noted that the U.S. dollar has lost 97 percent of its purchasing power since 1971. Brandt explained that Bitcoin’s fixed supply makes it resistant to currency debasement. He predicted that Bitcoin could reach a tradable top within the next [...] The post Peter Brandt Names Bitcoin the Top Store of Value Over Gold appeared first on Blockonomi.

blockonomi.com Bitcoin Price Consolidates Near $117K, BTC Bulls Eye Breakout

TLDR: Bitcoin price holds $112K support but must break $117K resistance to resume upward momentum. Low trading volume during consolidation signals market indecision on BTC’s next move. Bull and bear traps near $112K and $120K increase volatility and trader caution. US inflation data next week may influence Bitcoin’s ability to break out or fall back. [...] The post Bitcoin Price Consolidates Near $117K, BTC Bulls Eye Breakout appeared first on Blockonomi.

bitcoinist.com Ethereum Foundation Co-Director Calls For Stronger Coordination To Hit Fusaka Upgrade Timeline

Ethereum Foundation (EF) Co-Executive Director Tomasz K. Stańczak took to X today to reiterate the critical importance of the Ethereum (ETH) network’s Fusaka upgrade, which is scheduled to go live in Q4 2025. Stańczak urged the community to focus on avoiding any delays to this key upgrade. Ethereum’s Fusaka Upgrade Scheduled For Q4 2025 In […]

news.bitcoin.com Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory

On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s Mining Might Continues to Flex The hashrate kept pushing upward and, a mere ten blocks before the network’s […]

blockonomi.com Ripple Regains Rule 506 Access After SEC Removes ‘Bad Actor’ Label

TLDR SEC grants Ripple a waiver removing its “bad actor” disqualification under Rule 506(d). Ripple regains access to Regulation D exemptions for private fundraising. The change allows XRP to raise unlimited capital from accredited investors without SEC registration. Ripple had lost this fundraising path after a permanent injunction from Judge Analisa Torres. The waiver eliminates [...] The post Ripple Regains Rule 506 Access After SEC Removes ‘Bad Actor’ Label appeared first on Blockonomi.

blockonomi.com Stellar Eyes $1 as XLM Price Holds Key Support and Momentum Builds

TLDR: Stellar holds strong above $0.20 support, setting stage for bullish momentum and higher highs. Immediate resistance at $0.58-$0.64 may trigger breakout toward $1 if cleared. Volume spikes on price gains confirm buyer conviction during recent rallies. Falling below $0.20 could risk trend reversal, making support zone vital for bulls. Stellar is moving fast again, [...] The post Stellar Eyes $1 as XLM Price Holds Key Support and Momentum Builds appeared first on Blockonomi.

blockonomi.com Is This the Start of Bitcoin Price Biggest Run Yet? Data Suggests So

TLDR Institutional Bitcoin purchases in 2025 have far exceeded the amount produced by miners. Bitcoin price is rising as the gap between demand and supply continues to grow. Private companies, public firms, and funds have all increased their Bitcoin holdings this year. Several major corporations have made their first Bitcoin purchases in 2025. Analysts project [...] The post Is This the Start of Bitcoin Price Biggest Run Yet? Data Suggests So appeared first on Blockonomi.

blockonomi.com Sygnum Bank Backs SUI Coin as Galaxy Digital Oversees $450M Treasury

TLDR Sygnum Bank has fully integrated SUI Coin into its regulated Swiss banking platform. The bank will offer custody, spot trading, derivatives trading, and future staking services for SUI Coin. Client assets will remain bankruptcy-remote while benefiting from secure Swiss banking infrastructure. SUI Coin’s price increased by 2.7% to $3.81 following the announcement. Mill City [...] The post Sygnum Bank Backs SUI Coin as Galaxy Digital Oversees $450M Treasury appeared first on Blockonomi.

news.bitcoin.com Futures and Options Markets Reflect Aggressive XRP Trading Strategies

XRP’s derivatives markets are seeing a significant uptick in activity Friday, with futures open interest (OI) climbing and options data revealing a strong bullish bias. Binance and Bitget Lead XRP Futures Action as OI Climbs As of 12:30 p.m. Eastern time on Aug. 8, 2025, XRP is trading at $3.23, up over 5% in the […]

blockonomi.com Solana (SOL) Price: One Final Pullback Before $250? This SOL Rival Is Going Viral In August

Solana (SOL) is pushing toward $250, but analysts warn a brief pullback could come first. Still, the bigger story may be its fast-rising rival, Remittix (RTX), which is gaining serious traction this August. While Solana price fights through resistance, Remittix is winning over investors with real-world utility and a working product on the way. Could [...] The post Solana (SOL) Price: One Final Pullback Before $250? This SOL Rival Is Going Viral In August appeared first on Blockonomi.

bitcoinist.com Bitcoin Gets Elon Musk’s Seal Of Approval Again

Late on 7 August 2025, Elon Musk fired off a single “😂” beneath a Coinbase post on X that showcased an animated, Grok-generated revival of the classic Bitcoin “magic internet money” wizard. The billionaire’s trademark minimalist reaction was enough to ignite another round of speculation that he remains firmly in Bitcoin’s corner. The Coinbase clip, […]

blockonomi.com XRP Listed as Commodity in CFTC Filing, But Status Remains Unclear

TLDR A CFTC filing from Crypto.com described XRP as a crypto asset commodity. The filing was part of an application to certify an XRP Event Contract. The product allows short-term price speculation over 20 minutes or two hours. The CFTC has not officially confirmed XRP’s status as a commodity. The SEC lawsuit against Ripple ended [...] The post XRP Listed as Commodity in CFTC Filing, But Status Remains Unclear appeared first on Blockonomi.

blockonomi.com REX Shares Unveils 2x Leveraged ETF Focused on Galaxy Digital Stock

TLDR REX Shares and Tuttle Capital Management have launched the first 2x leveraged ETF tracking Galaxy Digital. The new ETF trades under the ticker GLXU and is part of the T-REX single-stock leveraged ETF lineup. The fund is designed for one-day holding periods to target amplified daily returns on Galaxy Digital stock. REX Shares set [...] The post REX Shares Unveils 2x Leveraged ETF Focused on Galaxy Digital Stock appeared first on Blockonomi.

news.bitcoin.com Bitcoin Flat After Trump Rolls out Reciprocal Tariffs

Just minutes before midnight on Thursday, U.S. President Donald Trump ushered in his updated tariff policy, gleefully proclaiming, “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Bitcoin Shows Little Reaction to Trump’s New Trade Tariffs Call it tariff fatigue, but even after the Trump administration’s contentious trade […]

bitcoinmagazine.com Know-Your-Customer: The Quiet Kill Switch

Bitcoin Magazine Know-Your-Customer: The Quiet Kill Switch The know-your-customer (KYC) threat isn’t coming. It’s already here, and it didn’t arrive through a nationwide ban or an emergency executive order. It quietly showed up with a checkbox and a Terms of Service agreement. While the influencers make noise about CBDCs and paper bitcoin, the real control system has already been deployed: Know Your […] This post Know-Your-Customer: The Quiet Kill Switch first appeared on Bitcoin Magazine and is written by Ghost Ghost.

blockonomi.com Coinbase Brings DEX Trading to Millions of U.S. Users Outside New York

TLDR: Coinbase adds in-app DEX trading for U.S. users outside NY with instant Base token access. Liquidity comes via DEX aggregators scanning Uniswap, Aerodrome, and other protocols. Malicious tokens flagged by a vendor are blocked to enhance safety for retail traders. Expansion to Solana and global markets planned as Coinbase grows its onchain offering. Coinbase [...] The post Coinbase Brings DEX Trading to Millions of U.S. Users Outside New York appeared first on Blockonomi.

news.bitcoin.com China’s Stablecoin Whiplash: From Quiet Exploration to Sudden Crackdown

A newly published report says Chinese regulators have told local brokers and think tanks to halt publishing research or holding seminars that promote stablecoins. Beijing’s Stablecoin Experiment Ends in a Hard Stop This week, accounts from the Financial Times (FT) and Bloomberg offered a layered look at Beijing’s shifting posture on the asset class. Early […]

bitcoinist.com Shiba Inu Cannot Be “Controlled Or Tamed”, SHIB Team Launches Next Part Of The Cycle

Shiba Inu (SHIB) is entering a defining phase in its journey toward complete decentralization, with key figures in the community voicing their visions for the project’s future. In a bold new move, the SHIB team has unveiled the next phase of its ongoing development cycle, reinforcing the belief that the token “cannot be controlled or […]