BelnCrypto reports that a dormant whale, inactive for more than two years, has returned and bought 47,535 $SOL worth about $3.6M.
This wallet previously made more than $20M profit on its 2023 Solana trade after buying near an average of $23.37 and later selling a large portion around $128.36.
It still held about 100,000 SOL from the original position, so the fresh purchase lifts its stack to roughly 147,535 SOL, worth close to $11.1M at current prices.
The setup is mixed: SOL is still down sharply from its 2025 peak, but Solana ETF inflows jumped to $10.26M in the week ending August 14.
$BTC is still setting the broader market tone, but this whale's return puts a spotlight on whether large holders are starting to see value in SOL again. If more big wallets follow while $BTC stays stable, that could make Solana one of the more interesting dip-buying stories to watch.
Not financial advice. Always DYOR.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #SOL
GENIUS Act Gets Real: Treasury Maps Out Stablecoin Rules
One of the most waited US $BTC crypto updates came from stablecoins this week. The GENIUS Act was already signed last year, what happened now is different: the Treasury published proposed rules explaining how the law could actually work in practice. They're open for public comment until October 19.
Among the new details:
- a stablecoin would generally be "issued" at its first transfer, not when tokens are minted - foreign issuers can access the US market if they meet specific requirements - exchanges and market makers could face liability for knowingly helping with an illegal initial distribution - redeemed tokens transferred again could count as a new issuance
So this isn't another big political announcement. It's the stage where GENIUS starts turning into actual rules that issuers, exchanges and stablecoins like $USDT and USDC may have to work around.
#Altcoin Season# Cancelled Again! Bitcoin Dominance Is Climbing
58.5% that's where $BTC dominance climbed after gaining almost 0.5 percentage points in a single day. Bitcoin briefly reached $64.55K, its highest level in just over a week, after spending most of the weekend stuck near $63K. The move itself wasn't huge, but most major alts did even less...
Right now:
• $ETH remains around $1.9K • XRP is still struggling below $1 • SOL, LINK and HYPE posted only small gains • DOGE, XLM and several other majors moved lower
Meanwhile, the total crypto market added about $20B in a day.
I wouldn't read this as some huge rally signal, but it does help show where the balance of power is right now: Bitcoin is (finally) holding up better, while most alts are still struggling to keep pace (probably still in vacation mode) #BTC Price Analysis# #Altcoin Season#
Bitcoin Pushes Higher, but $66K Could Decide What Happens Next
Bitcoin is moving higher again, while $BTC is trying to turn this bounce into something more meaningful. But analysts are still cautious: until BTC clears the next resistance zone, this looks more like a recovery inside a broader downtrend.
The Key Numbers:
$59,310-$62,415 main support zone $63,245 key short-term support $66,233+ major resistance area
At the same time, the bullish case still needs confirmation. A move above $64,470 would show stronger buying pressure, while the bigger upside target sits around $69,117-$72,126, where the 200-day moving average and a long-term trend line meet.
So the question now is pretty clear: is $BTC building a real bottom here, or is this just another bounce before the broader downtrend continues?
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
MicroStrategy went from buying $BTC on the first day of the week to selling BTC on the first day of the week.
Here are 3 reasons why Strategy sold some of its Bitcoin:
1/ Replenish Its USD Reserve:
Selling some BTC helps Strategy replenish and grow the company's USD cash reserve to protect against cryptocurrency market volatility and ensure long-term liquidity.
2/ Pay Dividends On Its Preferred Stock:
The proceeds from selling BTC are used to cover STRC preferred dividends and interest payments.
3/ Share Buybacks:
BTC-sale proceeds have been used to repurchase STRC preferred shares, which helps support that part of its capital structure. For example, Strategy sold 1,690 BTC for about $108.6 million in early August and used the proceeds to repurchase about 1.15 million STRC shares.
Trump is set to meet the CEOs of Coinbase, Ripple, and Kraken at the White House on August 19; Right as the bill that was supposed to hand crypto its regulatory clarity is quietly losing altitude.
The CLARITY Act cleared the House back in 2025 and has been grinding through Senate committees since.
Majority Leader John Thune has now filed cloture on H.R. 3633, leaving roughly 14 legislative working days before the October recess to find 60 votes.
Prediction markets currently price 2026 passage at only about 20%, as talks stall over ethics provisions restricting officials' crypto holdings and banking-industry pushback against stablecoin yield features.
Adding to the uncertainty, the SEC quietly postponed its August 14 "Regulation Crypto" rulemaking session; removing another expected catalyst from the calendar entirely.
The market is already pricing in the stall. $BTC is stuck at $63,000, well off its 2026 highs, while $XRP is defending the psychologically important $1 level amid thin weekend volume and continued spot ETF outflows.
Monday's meeting won't pass a law. But it will signal whether the industry's biggest names walk out reassured; or recalibrating for a longer wait. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
Chainlink is rapidly emerging as one of the most compelling setups in the current market. It continues to set the benchmark for cross-chain connectivity, compliance, and real-world data integration.
On the 4-hour WhiteBIT chart, $LINK cleanly broke out of a prolonged consolidation phase, pushing towards $9.53 after testing local highs above $9.70-$9.80.
The Bollinger Bands clearly capture this transition from a volatility squeeze into a strong trend expansion, with the price hugging the upper band while the 20 SMA at $9.34 now serves as solid dynamic support.
The RSI sits at a healthy 64.05, cooling off nicely from its previous overbought spike near 80 to leave plenty of runway for the next leg up.
Crucially, the breakout above the $8.80-$9.00 range was backed by a noticeable surge in volume, confirming genuine institutional and retail backing.
Expanding institutional collaborations with heavyweights like Amundi, Visa, and Canton reinforce Chainlink's dominance in real-world asset tokenization. Meanwhile, the development of the Chainlink Runtime Environment and its Cross-Chain Interoperability Protocol (CCIP) positions the network as the essential settlement highway for autonomous Al agents moving assets across disparate blockchains.
As long as LINK holds above the critical $9.34-$9.50 support zone, the immediate market structure remains firmly bullish, paving the way for a retest of $9.80 and a swift push toward the $10.00+ psychological barrier.
Strategy Adds $150M to Cash Reserve, Buys Back $132M of STRC
Strategy strengthened its liquidity position this week without selling any $BTC. The company added $150M to its USD Reserve, bringing total cash reserves to $4.8B, while repurchasing $132M of STRC preferred stock. According to Michael Saylor, the move extended Strategy's USD Duration to 2.8 years, up another 41 days, while tightening STRC's $BTC Credit to 114 bps.
As of August 16, Strategy still holds 840,447 $BTC. The important part is the capital structure. A larger USD reserve gives Strategy more capacity to service dividends and interest without relying on $BTC sales, while repurchasing STRC reduces preferred exposure at the same time.
In other words, Strategy isn't adding Bitcoin right now; it's building a stronger liquidity buffer around the Bitcoin it already owns. For $MSTR, that may be increasingly important if $BTC remains below Strategy's average acquisition cost. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
El Salvador now holds 7,743 $BTC, worth roughly $490M, and continues to add Bitcoin almost every day. The interesting part is not just the size of the stack, it's the consistency. Despite every market cycle, the country has not sold a single Bitcoin since the program began.
Gold Is 22% Below Its ATH. Central Banks Are Buying More - $BTC Next?
+62% that's how much central-bank gold buying jumped YoY in Q2, reaching 289 tonnes. We just talked about the Bank of Korea taking a $250M gold ETF position after 13 years. Now the broader picture makes that move look much less isolated.
In Q2:
- Poland → +51t - China -> +33t, its biggest quarter since 2023 🇺🇿 Uzbekistan →+ 16t 🇰🇿 Kazakhstan →+15t
And there may be more coming: a record 45% of surveyed central banks say they expect to increase their own gold reserves over the next 12 months.
Gold gets much less attention now than when it was printing ATH after ATH. But central banks haven't lost interest maybe something is starting to build again on the traditional-assets side... #Altcoin Season# #BTC Price Analysis# #Gold
Goldman Sachs is buying its way deeper into crypto ETFs
Goldman Sachs has agreed to acquire NEOS Investments for $2.25B, a deal that will give the bank control of three crypto ETFs focused on $BTC and Ethereum options. The funds are:
NEOS Bitcoin High Income ETF (BTCI) - $1B+ in AUM Boosted Bitcoin High Income ETF (XBCI) Ethereum High Income ETF (NEHI)
NEOS currently manages 19 ETFs with around $30B in assets. After the acquisition, Goldman Sachs expects its combined ETF assets to exceed $130B, making it the 8th-largest ETF provider globally.
The interesting part is that these aren't traditional spot crypto ETFs. They use options strategies to generate income, including covered calls.
Goldman Sachs had previously filed for its own Bitcoin Premium Income ETF, but Bloomberg's Eric Balchunas believes the NEOS acquisition effectively gives the bank a faster route into the same market.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
SpaceXAI is official: The $60B Cursor acquisition changes the game
SpaceX just finalized its record-breaking $60 Billion all-stock acquisition of Anysphere, the team behind Al coding agent Cursor!
Cursor is officially becoming a key subsidiary under the rebranded SpaceXAI umbrella. The main catalyst? Gaining direct access to xAl's Colossus supercomputer and the world's largest GPU fleet to train next-gen models like Grok 4.6 and power Grok Bot.
Wall Street is taking notice - Morgan Stanley projects this software pivot could add up to $13B in revenue by 2027, placing long-term stock price targets as high as $600.
Just as $BTC transformed from a tech experiment into global monetary infrastructure, tech titans are learning that raw compute and Al agents are the ultimate hard assets of this decade.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
White House reportedly plans crypto $BTC industry meeting next week
The White House is reportedly preparing a meeting with crypto industry executives and prediction market leaders next week, according to Politico, citing three sources familiar with the plans.
Executives from traditional financial companies could also join the meeting, while Donald Trump's attendance has not yet been confirmed.
The timing is notable: the meeting could take place just one day before the first session of the new CFTC Advisory Committee on Innovation, scheduled for August 20.
The committee includes executives from crypto, finance, gaming and prediction market companies.
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#