The crypto market remains paradoxical. While Ether records a sharp drop of nearly 6% in a single session, ETFs linked to the world's second largest crypto continue to capture record volumes and inflows. A contradictory dynamic that illustrates the growing maturity of institutional investors: short-term corrections are no longer enough to slow the rush towards financial products backed by Ethereum.
Bitcoin in free fall, "hidden hands" at work, and the Fed lying in ambush: who is manipulating the market while traders play prophets?
After weeks of bullish euphoria, the crypto market violently corrected, revealing an underlying tension ignored for too long. In just 24 hours, over 500 million dollars of long positions were liquidated, dragging down bitcoin, Ethereum, and XRP in their fall. This brutal wave revealed the fragility of a market fueled by leverage, where technical indicators, sidelined by optimism, suddenly regain all their importance. A return to reality is necessary for investors.
While mining profitability erodes and hashprice declines, the Bitcoin network records an unprecedented power rebound. On August 18, the hashrate climbed to 966 EH/s, nearing a historic peak, despite nearly zero transaction fees and growing economic pressure on mining companies. This striking contrast between economic tension and technical robustness raises questions: how does the mining ecosystem manage to maintain, or even strengthen, its security in such an unfavorable context?
While the crypto market evolves in a climate of macroeconomic uncertainty, a major operation has just redefined the balances. In one week, BitMine Immersion Technologies acquired 1.7 billion dollars in Ethereum, crossing the symbolic threshold of 1% of the total circulating supply.
The NFT sector lost more than $1.2 billion in market value within a week as Ether prices cooled. According to NFT Price Floor, the market capitalization of NFT collections fell 12%, dropping from $9.3 billion to $8.1 billion. The correction followed Ether’s decline of nearly 9% after recently reaching a high of about $4,700.
Google took a 14% stake in the bitcoin mining company, TeraWulf. This operation follows an increase in its financial commitment in a colocation agreement with Fluidstack. Thanks to this move, the tech giant becomes the main shareholder of TeraWulf and thus strengthens the credibility of its model between crypto and high-performance hosting.
American Senator Cynthia Lummis officially introduced the 21st Century Mortgage Act, a groundbreaking legislation that would require government-sponsored enterprises to consider digital assets when assessing eligibility for single-family mortgage loans.
Qubic shifts attention to Dogecoin after gaining control of Monero’s mining, clarifying the move is about mining, not attack.
The US Department of the Treasury opens a public comment period until October 17, 2025, to assess cutting-edge technologies in the fight against money laundering and sanctions evasion. This approach is directly part of the implementation of the Genius Act, the historic legislation signed by Donald Trump that revolutionizes the regulation of stablecoins. But which technologies are US authorities really scrutinizing?