🚨Ethereum Could Reach $2,650 This Month🚀 📈Ethereum (ETH) could rise to $2,650 before the end of August, according to traders on prediction platform Kalshi. ETH recently jumped about 20% in one week and moved above $2,400, but the market has now slowed. Ethereum is struggling to break the $2,500 level as some traders take profits. Strong inflows into Ethereum spot ETFs, including $179.8 million on August 25, are supporting the bullish outlook ⚠️ETH is currently around $2,450, with $2,350 acting as an important support level. If Ethereum breaks above $2,500, it could target $2,600 and possibly $2,800. However, another rejection at $2,500 could push ETH back toward $2,350. If that support breaks, $2,000 or even $1,800 could become possible targets. Overall, traders remain cautiously bullish #SECSendsCryptoCustodyRuleToWhiteHouse #BitcoinFaces$6.4BOptionsExpiry #IranSaysHormuzOmanDealNotFinalized $ETH
🚨THE CRAZIEST NEXT WEEK IN CRYPTO🔥 🚀President Trump held discussions with major crypto figures around the CLARITY Act, while the possibility of greater U.S. exposure to Bitcoin and other digital assets grabbed attention 📜U.S. regulators stepped up their crypto efforts, with the SEC working on clearer rules and the CFTC signaling that a broader regulatory framework could follow.₿ Bitcoin surged from around $62K to nearly $80K, gaining roughly 28% and moving back above its 200-day moving average 🔥Ethereum performed even better, jumping around 36% and reaching a new seven-month high near $2,546 💰 Bitcoin and Ethereum ETFs recorded massive buying, with approximately $1.92B flowing into BTC ETFs and $697M into ETH ETFs ⚡ The rally triggered a huge short squeeze, wiping out roughly $5B in short positions across the crypto market 📈 Crypto's total market capitalization expanded by around $500B, showing how quickly liquidity returned to the market 🚀 Altcoins also went wild. SOL crossed $100, XRP surged about 70%, while tokens such as HYPE and ZEC reached record highs 🟠Meanwhile, Strategy's Bitcoin holdings moved back into profit, highlighting how strongly BTC recovered during the rally
🚨Bhutan Moves 300 BTC to New Wallet 💥The Royal Government of Bhutan has moved 300 Bitcoin (BTC) to a new wallet, worth around $19.3 million. The large transfer has raised concerns about a possible Bitcoin selloff, but it does not mean Bhutan has sold its Bitcoin. The BTC may simply have been moved to another wallet, and there is no confirmation of an actual sale 📊Meanwhile, Bitcoin is facing strong resistance between $63,000 and $65,000. This area has significant on-chain supply pressure, making it an important level for traders. If Bitcoin breaks above $65,000, it could gain stronger bullish momentum. However, if BTC fails to hold $63,000, selling pressure could increase. For now, investors should not treat Bhutan's wallet transfer as a confirmed sell signal. Traders will be watching Bitcoin's price action and further wallet movements closely #BTCPerpFundingRateHits20MonthHigh #USPressesSouthKoreaToPrioritizeMemoryChips #StrategySellsStockToRepurchasePreferred $BTC $ETH
⚡Crypto Week Ahead-CPI, Fed & Market Risks🚀 ⚠️Crypto markets start the week focused on U.S. inflation and the Federal Reserve. 🇺🇸 Wednesday’s CPI report will be important for interest-rate expectations. If inflation stays soft, the Fed may avoid rate hikes, which could weaken the dollar and support crypto. A hotter CPI could push Treasury yields and the dollar higher, putting pressure on Bitcoin. Middle East tensions and oil supply risks could also increase inflation and rate-hike fears 📅Market & Macro Calendar — Aug. 11–16 August 11: RBA interest-rate decision is expected to stay at 4.35%. U.S. existing home sales are also due, with estimates at 4.07M. August 12: U.S. CPI for July is expected at 3.4% YoY and 0.1% MoM. Around 6.9B WLFI tokens are also expected to become fully transferable. August 13: U.S. PPI, initial jobless claims, and continuing jobless claims will be released. These figures could affect the dollar, Bitcoin, and gold. August 14: U.S. retail sales are expected to rise 0.2%. Michigan consumer sentiment and inflation expectations will also be released. The 13F filing deadline is also important. August 15: No major economic event is scheduled. August 16: 🇯🇵 Japan’s Q2 GDP growth is expected at 0.5% QoQ, showing continued economic growth #TSMCJulyRevenueJumps45% #IranNamesRezaeeToHeadSecurityCouncil #USRedirects55VesselsUnderHormuzBlockade $BTC $ETH