Crypto World
Bitcoin Price Hits New Local High Above $72,500 Despite Cooling US Stocks
Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves.
Key points:
- Bitcoin builds on its highest levels in 11 weeks to hit $72,500 on Bitstamp.
- US bond yields see volatility after president Donald Trump threatens “economic warfare” with Iran.
- Bitcoin market participants question whether the rally has staying power.
US bond yields reverse higher after Trump pledges “economic warfare” with Iran
Data from TradingView showed BTC/USD retesting $71,000 before hitting new 11-week high of $72,505 on Bitstamp, up by more than 4% on the day.
BTC/USD one-day chart. Source: Cointelegraph/TradingView
US equities opened lower after US president Donald Trump threatened Iran with the “most crushing economic operation ever taken against any country,” calling it “Economic D-Day.”
“This will be economic warfare and isolation on an unprecedented scale,” he wrote in a post on Truth Social amid frustration over the lack of a deal with the US on the Strait of Hormuz oil route.
WTI crude oil reached $87.69 per barrel on the day, its highest since July 24.
CFDs on WTI crude oil one-day chart. Source: Cointelegraph/TradingView
The comments further appeared to cause a rebound in US government bond yields, which had fallen sharply the day prior after the US Treasury announced that it would at least double the size of its bond-market liquidity interventions from September.
The 30-year yield traded as low as 5.179% on the day before rebounding to 5.266% — an increase of 9 bps, which nearly erased the previous downside. The 10-year bond yield also reversed the previous day’s drop.
US 30-year bond yields one-day chart. Source: Cointelegraph/TradingView
The Kobeissi Letter cast doubt on whether the intervention would be sufficient to calm markets.
“It’s going to take a lot more intervention to tame this beast,” it wrote in a post on X. The Treasury confirmed in its announcement that it would revisit the size of debt buyback operations on Nov. 4.
US 10-year bond yields chart. Source: The Kobeissi Letter on X.com
Analysis: Too early to call Bitcoin bull-market comeback
After gaining nearly $10,000 over four days, Bitcoin left market participants skeptical about the durability of its newfound strength.
Related: Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
In ongoing X coverage, trader and analyst Rekt Capital argued that BTC/USD would need to sustain its gains to challenge the grip of the bear market.
“Bitcoin will need to rally a lot more than what it has produced thus far if price is to invalidate the ‘weakening support’ idea. At the moment, technicals are pointing to $60k as a weakening macro support,” he wrote on Thursday.
A further post noted that four-year BTC price cycle patterns would allow for a new macro BTC price low until the end of 2026.
BTC/USD one-month chart. Source: Rekt Capital on X.com
Continuing, Ki Young Ju, CEO of onchain analytics platform CryptoQuant, flagged the return of positive demand for Bitcoin on both spot and derivatives markets — a phenomenon not seen since October 2025, when BTC/USD saw its most recent all-time high of $126,200.
“The scale remains modest, but if this holds for another month, it would be reasonable to conclude that the bear market is over and a new bull cycle has begun,” he told X followers.
Previously, Cointelegraph reported on the lack of spot demand as a key missing catalyst for a sustainable crypto market reversal.
Bitcoin demand growth data. Source: Ki Young Ju on X.com
The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks.
Coinbase CEO Brian Armstrong has said Bitcoin could be entering its next bull cycle as the asset trades above $72,000 ahead of a key U.S. Senate vote on crypto legislation.
Summary
- Bitcoin has climbed above $72,000 after gaining more than 11% within 24 hours.
- Armstrong identified the September CLARITY Act vote as the market’s next major policy event.
- The Sep. 15 Senate action is a procedural vote, not a final decision on the bill.
- US spot Bitcoin ETFs attracted $517 million on Aug. 19, according to SoSoValue.
Armstrong sees a possible Bitcoin bull cycle
In an Aug. 20 interview with CNBC, Armstrong said the crypto market “is likely at the starting point of the next bull market.”
Armstrong based his view partly on the length of the recent downturn and Bitcoin’s position in its market cycle. He also identified the Senate’s scheduled action on the Digital Asset Market Clarity Act and Bitcoin’s historical performance during the final three months of the year as possible catalysts.
While discussing the coming congressional vote, Armstrong described Sep. 15 as “what’s most important next” for the crypto industry. Passage of market-structure legislation could give digital asset companies clearer rules in the United States, according to the Coinbase executive.
October, November and December have also produced some of Bitcoin’s strongest historical returns, CoinGlass data shows. Traders commonly call October “Uptober” because of that record, although past monthly returns do not establish how the asset will perform in 2026.
Bitcoin broke its October winning streak in 2025, when the asset posted its first loss for the month since 2018, according to Reuters. The decline showed that seasonal patterns can fail when macroeconomic pressure, weak risk appetite, or heavy derivatives positioning outweigh historical trends.
Armstrong’s cycle argument also follows Bitcoin’s April 2024 halving, which reduced the reward paid to miners from 6.25 BTC to 3.125 BTC per block. Earlier halvings preceded major rallies, but each cycle developed under different liquidity, regulatory, and economic conditions.
Bitcoin price has returned above $72,000
Bitcoin was trading near $72,660 on Aug. 20 after rising about 6.2% during the latest session. The asset reached an intraday high of roughly $72,868, extending a rally that lifted it from below $65,000 earlier in the week.
As previously covered by crypto.news, Bitcoin gained 11.4% within 24 hours and approached $72,000 after U.S. Treasury buyback changes, ETF inflows, and forced short liquidations supported the move.
More than $1 billion in bearish crypto positions were liquidated within one hour during the initial breakout, according to CoinGlass data cited in the report. When Bitcoin moved through resistance between roughly $65,000 and $67,000, traders holding leveraged short positions had to close their bets, adding forced buying to the rally.
US spot Bitcoin ETFs provided another source of demand. SoSoValue recorded $517 million in net inflows on Aug. 19, the products’ strongest daily intake since May. The total exceeded the roughly $172 million collected across all of July.
Earlier in August, the funds had already recorded four consecutive positive sessions. Farside Investors data showed that they attracted $137.6 million on Aug. 6, bringing inflows over the four-session period to about $763.6 million, according to an earlier report on Bitcoin ETF demand.
The latest price increase has also taken Bitcoin back above the $69,000 to $70,000 area that had acted as resistance. Technical data cited in a recent Bitcoin chart review placed the next resistance around $72,500, while a daily close below $69,000 could weaken the breakout.
CLARITY Act faces a procedural vote on September 15
The U.S. Senate’s official cloture record shows that Majority Leader John Thune filed a motion on Aug. 8 to proceed with H.R. 3633, the Digital Asset Market Clarity Act.
The motion is expected to face a procedural vote on Sep. 15 after senators return to Washington on Sep. 14. A successful vote would allow the Senate to begin formally considering the legislation, but it would not amount to final passage.
Senators could still debate and amend the proposal before holding a separate approval vote. If the Senate passes a version that differs from the House measure, lawmakers from both chambers would need to reconcile the texts before sending the legislation to President Donald Trump.
The House approved its version by a 294–134 vote in July 2025, with 78 Democrats joining Republicans. In May 2026, the Senate Banking Committee advanced its portion of the legislation by a 15–9 vote after Democratic Sens. Ruben Gallego and Angela Alsobrooks supported it.
Reaching the Senate floor will require 60 votes. Republicans control 53 seats, leaving the bill dependent on Democratic or independent support as lawmakers continue negotiating several disputed sections.
Reuters reported that unresolved issues include political ethics restrictions, stablecoin rewards, anti-money-laundering requirements, decentralized finance, and the treatment of tokenized securities. The proposal would also divide regulatory duties between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Under the Senate draft, digital commodity exchanges, brokers, and dealers would be treated as financial institutions under the Bank Secrecy Act. Covered companies would have to follow customer identification, due diligence, and anti-money-laundering rules.
The legislation would allow certain crypto businesses to raise as much as $50 million annually and $200 million in total without completing full SEC registration. It would also create tests for deciding whether a decentralized finance platform is sufficiently decentralized or should face requirements similar to those of an intermediary.
Armstrong maintains a bullish long-term Bitcoin forecast
During a separate Fox Business interview on Aug. 20, Armstrong said Bitcoin could reach between $300,000 and $400,000 by 2030.
“I think over the next couple of years — if I say 2030 — I think it’s very likely we’ll see $300,000 and $400,000 Bitcoin, and we’ll see how it goes.”
The forecast would require Bitcoin to rise more than fourfold from its price near $72,660 to reach the lower end of Armstrong’s range. A move to $400,000 would represent an increase of about 450%.
Coinbase shares also advanced alongside the crypto market. COIN traded near $171.34 on August 20, up about 7%, after reaching an intraday high of $174.75. The U.S.-listed exchange had a market capitalization of approximately $45.2 billion at the time.
Coinbase reported a $359 million net loss for the second quarter, while Bitcoin generated 12% of the company’s revenue, down from more than half historically. Subscription and services revenue reached $555 million, compared with $6 million per quarter in 2020, according to the company’s reported figures.
A group of Bitcoin wallets dormant since 2014 has transferred 1,214.42 BTC worth about $86 million as the cryptocurrency traded near a weekly high of $72,400.
Summary
- 28 dormant wallets transferred 1,314.41 BTC worth $94.03 million within 24 hours.
- 2014 wallets supplied 92.4% of the Bitcoin moved during the period.
- 21 transactions carried exactly 50 BTC from legacy wallets to newer address types.
- Arkham labels have not connected the receiving addresses to any known exchange.
Dormant Bitcoin wallets move $94 million
Bitcoin.com reported on Aug. 20, citing btcparser.com data, that 28 long-inactive wallets moved a combined 1,314.41 BTC between Aug. 19 and Aug. 20.
The Bitcoin was worth approximately $94.03 million at the time of the transactions. Wallets created in 2014 accounted for 1,214.42 BTC, or 92.4% of the total, with the coins valued at about $86 million.
Rather than moving through one large transaction, much of the activity appeared in matching amounts. Twenty-one transfers each carried 50 BTC from addresses created in November or December 2014, according to the report.
Several transactions were recorded in the same Bitcoin blocks, including block 963203. Their timing, matching sizes, and common address format suggest that the wallets may have been controlled by one or a small number of holders, although the available blockchain data does not establish their ownership.
Alongside the 2014 coins, three wallets created in 2016 transferred a combined 79.99 BTC. Two addresses dating to 2017 moved another 20 BTC during the same 24-hour period.
The report said another wallet, first seen on Dec. 26, 2014, separately transferred 150 BTC worth approximately $10.73 million. Its coins also went to a newly created address with no public entity label.
Bitcoin moves from legacy to newer addresses
Most of the 2014 transactions sent funds from Pay-to-Public-Key-Hash, or P2PKH, addresses to Pay-to-Witness-Public-Key-Hash addresses known as P2WPKH.
P2PKH is a legacy Bitcoin address format commonly identified by addresses beginning with “1.” P2WPKH addresses use Segregated Witness and generally begin with “bc1q,” offering smaller transaction sizes and lower fees than older address types.
Moving coins between the two formats can occur when a holder reorganizes self-custodied funds or adopts a newer wallet setup. Blockchain records show where the Bitcoin went, but they do not reveal why the owner moved it or whether the receiving addresses remain under the same control.
Arkham Intelligence’s public labels had not associated the destination addresses with centralized exchanges when the report was published. Without an exchange link, the transfers alone do not prove that the holders intend to sell the Bitcoin.
Blockchair’s privacy tool gave several of the 50 BTC transfers a score of 22 out of 100, according to Bitcoin.com. The tool identified about four privacy concerns, including the repeated use of the same address among transaction inputs.
Consolidating multiple holdings can make future spending easier, but placing several inputs into one transaction may also reveal links between addresses. Such links can help blockchain analysts group addresses that may belong to the same entity, even when the owner’s identity remains unknown.
Early holdings have risen at least 16,600%
Bitcoin traded between approximately $310 and $427 during November and December 2014, when the main group of wallets first received or became associated with the coins.
Using the upper end of that range and the value at the time of the latest transfers, Bitcoin.com estimated that the holdings had appreciated by at least 16,645%. The percentage represents the increase in Bitcoin’s market price rather than a confirmed realized return because blockchain data does not show that the coins were sold.
At $427 per Bitcoin, acquiring 1,214.42 BTC would have required roughly $518,000 before fees. The same amount was worth about $86 million when the wallets became active again.
Bitcoin’s price later fell to between $152 and $170 in January 2015, leaving holders from late 2014 facing steep paper losses before the asset recovered over the following decade. The wallet activity therefore covers coins held through several Bitcoin market cycles.
Dormant-wallet transfers have appeared several times during 2026. As crypto.news reported in May, a wallet inactive since November 2013 moved 500 BTC worth about $40 million to a new address with no known exchange connection.
CryptoQuant CEO Ki Young Ju described the May transaction as “classic OTC prep, not dump pressure,” citing its low fee and non-exchange destination. No comparable analyst assessment has been provided for the latest 1,214 BTC movement.
Later that month, a separate whale transferred 2,650 BTC worth approximately $203 million to FalconX and Cumberland. Onchain Lens, citing Arkham data, said the wallet retained nearly 6,000 BTC valued at about $462 million after the transactions.
Unlike the latest movements to unlabeled addresses, the May transfers reached named crypto trading firms. Even then, the transactions did not confirm that the holder had sold the coins, since trading companies can also handle custody and over-the-counter deals.
Dormant wallets also face a US ownership dispute
Long-inactive Bitcoin addresses have also entered a legal dispute in New York, where a plaintiff using the name Noah Doe has sought control of 39,069 wallets under the state’s lost-property law.
In July, a listed wallet transferred 30 BTC worth about $1.88 million after nearly 15 years without an outgoing transaction. Galaxy Research said other addresses named in the lawsuit had also begun moving funds.
The plaintiffs have argued that the listed wallets qualify as abandoned property under Article 7-B of New York’s Personal Property Law. A defendant claiming control of one address asked the court to dismiss the case, arguing that a Bitcoin address is a data string rather than a legal entity that can be sued.
No public information links the 2014 wallets behind the latest $86 million movement to that lawsuit. Their activation nevertheless shows why inactivity alone cannot establish that a wallet has been abandoned or that its owner has lost access to the private keys.
For US taxpayers, the tax result depends on whether the Bitcoin merely moved between addresses controlled by the same person or changed ownership. The Internal Revenue Service states that transferring cryptocurrency between wallets, accounts, or addresses owned by the same taxpayer is not a taxable event.
A sale or exchange would receive different treatment. The IRS requires taxpayers to calculate capital gains or losses using the difference between the amount received and the adjusted cost basis, while records used to identify particular Bitcoin units should include their acquisition date, basis, disposal date, and fair market value at disposal.
Binance has launched Agent OS, a developer platform that allows AI agents to access market data, monitor user accounts and execute crypto trades on the exchange.
According to a company announcement, the platform supports AI tools including ChatGPT, Claude Code, Codex, and Cursor, allowing users to authorize agents to view account information and place trades within configured permissions and limits.
Users can assign agents to dedicated subaccounts to separate funds and trading activity, configure their permissions and revoke access at any time. Binance said it can monitor trades placed through Agent OS but cannot see an agent’s external information sources, interpretation or decision-making, which occur within the user’s chosen AI application.
Agent OS also connects agents to Binance’s payment and onchain tools, allowing them to make payments and interact with wallets and other onchain services.
Related: Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1
Crypto exchanges move deeper into AI agents
Binance joins a growing group of crypto exchanges opening their trading infrastructure to AI agents.
Coinbase launched Coinbase for Agents in June, allowing AI models including ChatGPT and Claude to connect to user accounts and autonomously execute crypto trades and strategies. The tool also supports agent-driven payments through Coinbase’s x402 protocol.
Source: Coinbase
Other exchanges have taken different approaches to AI autonomy. In July, Kraken unveiled an AI-powered investing assistant that monitors markets and recommends trades based on users’ financial goals and risk preferences, but requires user approval before executing a trade.
The push has extended beyond trading. OKX launched a beta marketplace where AI agents can find work, transact autonomously and hire other agents for tasks, using stablecoin payments and an onchain reputation system.
Several crypto industry leaders, including Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire, have argued that AI agents could soon account for a significant share of onchain activity. Binance co-founder Changpeng Zhao has expressed a similar view, describing cryptocurrency as the “native currency” of AI agents.
Magazine: 200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Put $1,000 into XRP at $1.07 and you own roughly 935 tokens. Claude AI predicts those tokens are worth somewhere between $4,675 and $26,180 by the end of 2030, and the price prediction spans a range wide enough to make the assumptions matter more than the headline.
The most bullish bank-grade roadmap comes from Standard Chartered’s Geoffrey Kendrick. It maps $7 in 2027, $12.60 in 2028, and $28 by 2030. But two conditions sit underneath it. The CLARITY Act has to pass, and spot ETF inflows need to exceed $4 billion.
Current inflows sit near $1 billion raised since November 2025. That is a fourfold gap between where flows are and where the model needs them.
Bitwise reaches a similar destination by a similar road. Its max-case model tops out at $29.32, including a speculative US strategic XRP reserve. Claude does not treat the downside as hypothetical. Bitwise’s own bear scenario lands at $0.13, which would turn that $1,000 into roughly $122.
The structural concern is closer to home. Ripple’s RLUSD stablecoin, not XRP, is capturing most of the network’s new institutional volume. That is why several analysts see $8 to $12 as more realistic than $28. The utility is arriving, but it may not be arriving in the token.
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XRP Price Prediction: Claude AI Predicts A $1,000 Bet Ranges From $4,657 To $26,180
The daily chart explains why the low end deserves respect. XRP traded near $2.65 last October and declined for ten straight months. February broke the $1.80 shelf, dragging the price toward $1.15. Spring built a range between $1.30 and $1.55 that held into May.
June broke it, and the slide continued through the summer. Price touched $0.995 before the latest session. That session changed things. A sharp reversal lifted XRP back above $1.08 in a single day.
The close reads $1.08250, up 8.13%, and $0.08136. The daily range covered $0.99524 to $1.08261.
Support sits at $1.00, then $0.95 and $0.85. Resistance appears at $1.15, then $1.25 and $1.40. RSI reads 59.05 with its signal line far below at 38.23. That gap of nearly 21 points is unusually wide and reflects a violent one-day momentum shift.
The oscillator has jumped from oversold to above the midline. Momentum has flipped bullish, though a move this fast rarely holds without consolidation.
The distance between $122 and $26,180 comes down to whether institutions use the token or the stablecoin. Watching where new volume settles is how you find out which end of that range applies.
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LiquidChain Is Betting the Bigger Opportunity Is Connecting the Capital.
XRP’s long-term upside increasingly depends on whether institutional activity actually accrues to XRP itself or gets captured by products like RLUSD.
LiquidChain is approaching that problem from a different angle: instead of betting on which asset wins inside one ecosystem, it is building infrastructure designed to connect liquidity across several of the largest ones.
Bitcoin, Ethereum, and Solana still operate as largely separate markets. Moving between them means bridges, extra fees, fragmented liquidity, and applications rebuilt chain by chain.
LiquidChain is developing a single execution layer intended to unify all 3, allowing one deployment to reach multiple ecosystems without repeatedly paying that cross-chain tax.
That gives the project exposure to the movement of capital itself, regardless of which large-cap token leads the next cycle.
The presale is currently priced at $0.01454 with just over $940,000 raised, leaving significant room for repricing if that infrastructure thesis gains traction.
Explore the LiquidChain Presale
The post Dario Amodei Claude AI Predicts What $1,000 in XRP Could Turn Into by End Of 2030 appeared first on Cryptonews.
Binance runs its global exchange under Abu Dhabi’s regulator. Emirati police still detained two of its employees over financial crime inquiries, the New York Times reported.
All have been released. A third staff member, who leads the company’s Dubai arm, answered questions at a police station in July.
A Foothold Built on Licenses and State Money
The Emirates is not a side market for Binance. It is the base.
Abu Dhabi’s Financial Services Regulatory Authority granted the exchange three licenses on December 8. No other crypto exchange had won a global license under that framework. The permissions went live on January 5.
The money runs just as deep. State-backed fund MGX invested $2 billion in March 2025. It paid in USD1, a stablecoin from World Liberty Financial, a venture the Trump family part-owns.
The relationship even shapes policy. Binance has cited its Abu Dhabi licensing rules to explain why it now handles some foreign police requests differently.
Airport Stops and an Overnight Hold
Two workers were pulled aside at Emirati airports, people familiar with the inquiries said. One midlevel employee passed through Sharjah this month. Officers took him to a station and held him overnight.
What police are chasing is unclear. Binance told the Emirati government that its staff were swept into fraud cases centered on customers. None were tied to the offenses, the company said.
The link may be mundane. Some employees’ names sit on a corporate bank account Binance keeps in the country. That account processes customer deposits and withdrawals.
“A small number of our personnel were recently asked to provide standard statements to local authorities as part of routine inquiries relating to third-party fund flows… all who provided statements were promptly cleared and released,” A Binance spokesman, speaking to the New York Times.
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A Familiar Pattern for Binance Staff
Emirati authorities were already tracing money around the exchange. Dubai’s Virtual Assets Regulatory Authority fined an unlicensed local firm, Shelbit, on July 24. Reuters tracked about $4 billion through Shelbit, and roughly $676 million reached Binance.
Binance’s record invites that attention. The company pleaded guilty in the United States in November 2023 and paid $4.32 billion. Prosecutors found it had let more than $898 million in trades pass between US and Iranian users.
That deal placed an independent compliance monitor over the company for three years. The term still has months left to run.
Staff have been caught in national cases before. Compliance executive Tigran Gambaryan spent months held in Nigerian custody in 2024. US diplomatic pressure secured his release.
The detentions have rattled the workforce. Binance approached Emirati officials this month, seeking help and raising concerns about employee safety.
Whether the questioning stays limited to customer fraud will test how much protection those licenses actually buy.
The post Binance Employees Detained in UAE Despite $2 Billion Emirati Backing appeared first on BeInCrypto.
Grayscale has disclosed discussions with a Digital Currency Group (DCG) subsidiary over a contribution of roughly 200,000 ZEC to its Zcash Trust, in an August 18 amendment to the registration statement that would move the fund onto NYSE Arca.
Grayscale Investments Sponsors, the trust’s sponsor, said it is in discussions with DCG International Investments Ltd. for the unit to acquire shares through an authorized participant in exchange for the tokens. The filing adds that “because these discussions are not binding agreements or commitments to purchase, the Potential Investor could determine to purchase more, fewer, or no Shares.”
Moreover, the trust intends to list under the ticker ZCSH, which already carries its shares on OTCQX. Net asset value was $155.2 million on June 30, when the trust held about 2.3% of circulating ZEC, and shares closed at $36.6 on August 12 at a 7% discount to NAV per share.
Since October 2021, the shares have been quoted at a discount on 700 days, with a maximum discount of 55% and a maximum premium of 240%, though the SEC has not approved or disapproved the shares.
DCG Sits on Both Sides
Grayscale’s parent would take a controlling position if the contribution is completed. DCG “may, directly and indirectly through the Potential Investor and other affiliates, own a majority of the Shares representing ownership in the Trust,” the filing states, and would hold “the ability to control the outcome of virtually all matters presented to our shareholders for their approval.”
DCG also mines the asset. Fortitude Mining, a DCG subsidiary, mines ZEC and runs infrastructure on the network, while Foundry Digital operates a ZEC mining pool that accounted for approximately 15.4% of the Zcash Network’s hash rate for the month ended July 2026.
DCG “could prioritize its own interests in these and other investments over those of the Trust,” according to the filing. Zcash itself shipped the Ironwood upgrade and its turnstile mechanism after a counterfeiting bug surfaced in the Orchard shielded pool.
Fee Line Still Blank
The Sponsor’s Fee, the only ordinary recurring expense the trust expects, appears in Amendment No. 4 with its annual rate left blank, as does the trust’s intended new name. Coinbase Custody Trust Company holds the ZEC, and Coinbase is the prime broker.
Grayscale has run this conversion before. The SEC cleared its Digital Large Cap Fund for NYSE Arca alongside generic listing standards that removed the 19(b) filing requirement, and the manager earlier filed to convert its XRP trust into an ETF on the same exchange.
ZEC traded at $550.78 on August 19, according to CoinGecko, with a market capitalization of $9.3 billion.
The post Grayscale Discloses Talks Over 200,000 ZEC Contribution to Zcash Trust From DCG Unit appeared first on CryptoPotato.
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Two upgrades in the testnet and one number that keeps coming up: 200 million gas. Google Gemini AI predicts that the throughput jump reframes what Ethereum can carry, and the price prediction targets $3,200 to $4,200 by the end of 2026, with $3,500 as the base case from $2,100.
The Platåberget testnet for Glamsterdam anchors the case. It introduces block-level access lists through EIP-7928.
Enshrined proposer-builder separation arrives alongside it via EIP-7732. Together, those drastically expand Layer-1 gas throughput toward that 200 million figure.
Client developers are already finalizing the next scope. The Hegota upgrade has confirmed FOCIL through EIP-7805. Native account abstraction is under evaluation as EIP-8141. Both feed stateless validation via Verkle trees.
The practical result is cheaper node hardware. Gemini frames that as the path to institutional-grade network efficiency. The main invalidation risk is macro drag. Technical resistance at the 200-day EMA near $2,140 is the near-term obstacle.
Losing the $1,800 support zone is the larger threat. That risks a leg down toward $1,200.
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Ethereum Price Prediction: Gemini AI Predicts Two Hundred Million Gas Changes The Math
The daily chart has just delivered its strongest session in months. ETH peaked near $4,950 last September before a long unwind began. November and December cut price toward $2,600. February brought the sharpest break, dropping ETH near $1,780.
Spring recovered to $2,450 by May. June reversed that entirely, marking the low around $1,480. July and August rebuilt slowly. The latest session then broke sharply higher, clearing $2,100 in a single move.
The close reads $2,124.2, up 10.83%, and $207.6. The daily range covered $1,904.9 to $2,132.2. Support sits at $2,000, then $1,800 and $1,480. Resistance appears at $2,140 at the EMA Gemini names, then $2,450 and $2,800.
RSI reads 77.11 with its signal line far below at 54.97. That gap of more than 22 points is extreme and confirms a violent momentum shift. The oscillator is now clearly overbought. Momentum is strongly bullish, though readings this stretched typically cool before continuing.
Gemini’s base case needs a 65% move from here. Closing above that 200-day EMA is the first hurdle standing in front of it.
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Ethereum Is Chasing 200M Gas. Bitcoin Hyper Is Taking the SVM Route to Scale BTC.
Ethereum’s next valuation case depends on dramatically expanding what the base layer can process. Bitcoin Hyper is tackling the same bottleneck from a different direction: giving Bitcoin a faster execution environment without asking the Bitcoin network itself to become something it was never designed to be.
Bitcoin Hyper runs on the Solana Virtual Machine, bringing high-speed transactions, low fees, and smart contract functionality into a Bitcoin Layer 2 ecosystem.
Its Canonical Bridge is designed to move BTC into that environment, while HYPER powers gas, staking, and governance across the network.
That makes the thesis less about changing Bitcoin and more about extending what Bitcoin capital can actually do.
The presale has already raised more than $33 million, while buyers can currently stake HYPER for yields of up to 35% APY ahead of the project’s planned 2026 launch.
Explore the Bitcoin Hyper Presale
The post Google Gemini AI Predicts an Unexpected Prediction on Ethereum By The End of 2026 appeared first on Cryptonews.
XRP price trades at $1.18 as of this writing, up 18% on the day in a follow-through move that’s keeping the “biggest rally prediction since 2020” narrative alive. But there’s a catch most headlines are skipping over, and it involves where the smart money actually went.
The token jumped 10% on August 19, beating Bitcoin’s 7% gain and finishing third among the eight largest coins during a record-wide short squeeze. Based on XRP’s 180-day correlation with Bitcoin, the move should have produced 6.57% upside, but it delivered 3.83 points more than that. It is a real outperformance, not just a beta ride.
Ripple is about to flip the switch! —
HODL $XRP!! 
pic.twitter.com/Y4rY8qfBov
BULL RUN WONKA XRP (@WillyWonkaXRP) August 19, 2026
However, spot ETF flows tell a different story: Bitcoin funds pulled in $517 million that day, nearly triple the prior pace, while XRP’s institutional pipes stayed comparatively quiet.
This gap in retail momentum without matching institutional confirmation sets up the next question. Can the chart hold what the squeeze built?
Discover: The Best Token Presales
XRP Price Prediction: Hit $1.30 This Week?
At $1.18 and rising nearly 20% in 24 hours, XRP sits just above the $1.10–$1.12 resistance band that’s capped multiple rallies since early August, per recent technical coverage. Volume above $3–4 billion daily suggests the move has real participation behind it, not thin-book noise.
The 200-day moving average near $1.28 is the next real test, and clearing it decisively would open room toward the $1.29–$1.45 zone analysts have flagged as the next demand shelf.
In a good scenario, a confirmed break above $1.20 extends the squeeze toward $1.30–$1.45. A consolidation between $1.00 and $1.20 continues while ETF flows catch up.
However, a rejection at resistance sends price back toward the $1.00 floor that’s held all year, and a break below that invalidates the entire rally thesis. This is worth watching before chasing this candle.
Trade XRP Market on Kalshi and Get a $25 Signing-up Bonus
Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels
XRP bulls have earned some validation here; an 18% daily pop and a rare win against Bitcoin is nothing to dismiss. But at a $68 billion-plus market cap, XRP’s percentage upside from here is mathematically constrained even in a strong breakout scenario.
That’s the trade-off of buying an asset this size: the squeeze gets headlines, the multiples don’t move like they used to. Capital chasing outsized returns is increasingly rotating toward earlier-stage infrastructure plays instead, and Bitcoin Hyper ($HYPER) is drawing that attention as the first Bitcoin Layer 2 with native SVM integration.
The presale has raised $33 million at a current token price of $0.0136849, with staking rewards available at launch with a huge 35% APY reward. The pitch: Solana-speed execution secured by Bitcoin’s base layer, via a decentralized canonical bridge, is solving the slow, expensive, non-programmable problems that have limited BTC’s utility for years.
Research Bitcoin Hyper before deciding whether that risk fits the portfolio.
Discover: The Best Crypto to Diversify Your Portfolio
The post XRP Price Prediction: Can Ripple Extend Its Biggest Rally Since 2020? appeared first on Cryptonews.
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