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  • SOL price gains momentum as DeFi Dev Corp adds $77M in Solana to treasury

    SOL price gains momentum as DeFi Dev Corp adds $77M in Solana to treasury

    • The company has acquired 407,247 SOL tokens in its latest purchase.
    • DeFi Dev Corp. now holds Solana worth around $371M, 1.83 million coins.
    • On-chain indicators support SOL’s upside trajectory.

    The first Nasdaq-listed firm with a Solana-centric treasury strategy is once again in the spotlight.

    According to the latest press release, DeFi Development Corp. disclosed the purchase of 407,247 SOL assets valued at approximately $77 million.

    The recent accumulation increased the company’s total SOL holdings to 1,831,011 tokens, worth around $371 million.

    Notably, DeFi Dev Corp. utilized the latest fundraising to fund the purchase, and still holds more than $40 million for more Solana buys and supporting treasury operations.

    The bold bet signals the firm’s conviction in Solana’s growth trajectory.

    Solana price displays optimistic performance amid these developments, with on-chain metrics supporting DeFi Dec Corp’s accumulation strategy.

    Long-term holding and staking plans

    DeFi Development Corp. made it clear that it is not after short-term gains.

    The firm confirmed that it will hold the newly purchased Solana long-term and stake the assets across different validators.

    The announcement stated:

    The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp’s own Solana validators to generate native yield.

    The staking strategy enables the firm to generate native yield while ensuring the security and health of Solana’s blockchain.

    Further, the approach means additional earning opportunities for shareholders as it combines staking incentives and SOL price growth.

    What does it mean for Solana?

    Solana has dominated crypto trends over the past months, with increased adoption in payments, meme coins, DeFi, and NFTs.

    Its scalability and speed have made it a perfect alternative for institutions and developers.

    DeFi Dev Corp’s Solana holdings reflect how markets are increasingly viewing Solana as an asset with potential beyond speculation.

    Furthermore, endorsement by a Nasdaq-listed company legitimizes the altcoin, making it attractive for institutions seeking crypto exposure.

    Solana bullish outlook

    These developments come as the native token traded in the green region.

    SOL gained more than 15% the previous week to $211.

    Bullish sentiments fuel the chain, especially as the community votes for the Alpenglow proposal.

    The proposal seeks to reduce block finality to 150 milliseconds from 12.8 seconds.

    That will turbocharge the blockchain by supporting thousands of transactions per second while ensuring near-zero transaction charges.

    That makes the Ethereum twelve-minute finality glacial.

    Simply, the second-largest blockchain takes minutes to finalize transactions. In Solana, it is instant.

    These narratives echo analysts, who are predicting massive gains for SOL.

    For example, Ali Martinez mapped Solana’s path to $300 in the near-term.

    That would mean a rally of over 40% from the current market price.

    Moreover, prevailing institutional interest sets the stage for significant long-term rallies.

    Proponents believe Solana has what it takes to skyrocket to $1,000 in a full-blown bull market.

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  • Bitcoin remains under pressure as gold targets a new all-time high

    Bitcoin remains under pressure as gold targets a new all-time high

    Bitcoin remains under pressure as gold targets a new all-time high

    • Bitcoin’s rally attempt fails as it retreats to below 112,000 dollars.
    • Gold continues its quiet but powerful climb, nearing its all-time high.
    • In August, gold is up nearly 4 percent while Bitcoin has fallen over 5 percent.

    A hopeful rally in the cryptocurrency market was decisively crushed on Thursday, as steady selling pressure throughout the US trading session sent prices into a familiar retreat.

    The failed bounce underscores a growing sense of fatigue in the digital asset space and throws a stark and revealing light on the silent, powerful ascent of its analog rival: gold.

    After a brief flirtation with the 113,000 dollar level, Bitcoin (BTC) was beaten back, sinking to 111,800 late in the session for a loss of 0.7 percent over the past 24 hours.

    The selling was even more pronounced in other major tokens, with Ether (ETH) and XRP shedding a more sizable 2.1 percent and 1.4 percent, respectively.

    The one notable bright spot in a sea of red was Solana’s SOL, which managed to buck the trend with a respectable 3.1 percent gain.

    A silent ascent to the summit

    While the crypto market grapples with its own inertia, a different story is unfolding in the world of precious metals.

    Quietly, but with unshakable conviction, gold has been on the rise. The yellow metal added another 0.8 percent on Thursday, climbing to 3,477 dollars per ounce.

    This puts the safe-haven asset just a few dollars shy of the record high of 3,534 dollars it touched earlier this month.

    The performance in August paints an even more dramatic picture of this great divergence: while Bitcoin has slid 5.2 percent, gold has rallied by nearly 4 percent.

    The great disconnect

    This decoupling is the great mystery currently haunting the market.

    The very same macroeconomic tailwinds that are propelling gold higher—namely, the prospect of lower interest rates and a weaker US dollar—are conspicuously failing to ignite any significant bid for “digital gold.”

    The fundamental case for Bitcoin as an inflation hedge and a store of value is being put to a severe test, and for now, it is failing.

    A September showdown looms

    The stage is now set for a potentially volatile final four months of the year.

    The resumption of Federal Reserve rate cuts appears to be firmly on the table for September, a move that could be amplified by President Trump’s appointment of one or possibly two new, likely dovish, members to the Fed’s board.

    As these powerful forces converge, the market is watching to see if Bitcoin can finally catch the golden tailwind or if its strange and troubling disconnect is a sign of a deeper malaise.

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  • JPMorgan says Bitcoin is undervalued compared to gold as volatility plummets

    JPMorgan says Bitcoin is undervalued compared to gold as volatility plummets

    The report suggests this shift is making Bitcoin more credible, much like traditional assets. It’s solidifying its role as both an investment and a store of value in mainstream markets.

    In fact, corporate treasuries now hold more than 6% of the total Bitcoin supply.

    Publicly traded companies are also gaining exposure by being included in stock indices, which brings in more money without them having to directly trade crypto.

    Following up on that, JPMorgan’s analysis also shows that Bitcoin is undervalued by about $16,000 when you compare it to gold, using models that account for volatility.

    Their report puts an implied price target for Bitcoin at roughly $126,000.

    This suggests there’s a lot of room for the price to grow as the market catches up to Bitcoin’s new stability and its growing role with institutional investors.

    Even though Bitcoin’s price has been resiliently holding above $111,000, this valuation gap means there’s still a lot of potential for it to appreciate further as more people adopt it and its volatility stays low.

    Market dynamics and future outlook

    In their analysis, JPMorgan also points to a shift in market dynamics. Passive capital, which is the money coming from index funds that buy shares in companies holding Bitcoin, is creating a steady demand.

    This helps shield Bitcoin from being driven solely by speculative trading.

    They also noted that the 200-day moving average has been a strong technical support level, which reinforces a long-term bullish outlook even with small, short-term price swings.

    Still, some indicators show that traders are keeping cautious hedging positions in the options markets. This reflects a more short-term bearish sentiment, even though the overall trend remains positive.

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  • Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

    Hyperliquid Price

    • Hyperliquid price jumped to a new all-time high above $51.
    • The token broke higher as HYPE bulls held above a major ascending trendline.
    • While price is down 4% from the ATH and hovers near 48, analysts predict further gains.

    Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

    But can bulls hold prices above a key trendline and enter price discovery?

    Hyperliquid pares gains after bulls reach new ATH

    HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

    The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

    With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

    Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

    This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

    CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

    Whales are aggressively buying HYPE.

    On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

    Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

    Hyperliquid price forecast: Is $100 next for HYPE?

    The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news, also helped HYPE drive higher.

    Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

    However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

    Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

    HYPE chart by TradingView

    The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

    It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

    The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

    If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

    As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

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  • Synthetix price soars 20% amid volume spike: here’s why

    Synthetix price soars 20% amid volume spike: here’s why

    • Synthetix’s native token SNX spiked more than 20% in 24 hours to hit $0.79.
    • Daily volume rocketed 700% to over $147 million, with Synthetix benefiting from a broader crypto bounce.
    • The Synthetix network’s move to launch its perps DEX on the Ethereum mainnet has helped SNX price.

    Synthetix (SNX), a decentralized futures protocol with trading support on Ethereum, has seen its price surge by 20% within the last 24 hours as Bitcoin leads a minor bounce for the crypto market.

    The SNX token, which has climbed alongside notable gains for Ethereum, Solana and XRP, hit intraday highs of $0.79.

    Price gains for the altcoin happened alongside a significant jump in daily volume, with bulls attempting to break above a level that has previously constrained upside momentum around $0.80.

    Synthetix (SNX) pops 20% in 24 hours – here’s why

    The crypto market, still reeling from recent losses, is showing early signs of recovery as buyers attempt to regain control.

    Bitcoin has reclaimed the $110,000 mark after a sharp dip, while Ethereum has climbed back above $4,560, holding steady despite broader risk asset pressure.

    Solana has broken past $204, and XRP is eyeing the $3.70 level, both reflecting improved sentiment.

    Within this backdrop, Synthetix has surged 20%, standing out as one of the stronger performers.

    The rally comes as decentralised finance tokens show renewed strength, aided by Synthetix’s recent launch of the first perpetual exchange on the Ethereum mainnet—a development seen as a key catalyst for the token’s momentum over the past week.

    In the period, SNX price has jumped by double digits, helped by the rollout of pre-deposits and a chance for traders to get on the Synthetix mainnet alpha whitelist.

    The launch of SLP vault, a liquidity pool offering access to liquidity across all perp markets and an opportunity to rank among the first to earn SNX points, has driven a lot of the market activity for Synthetix.

    Network support for gasless trading is also a huge move for the perps DEX.

    SNX price forecast

    While SNX price hovers at $0.79 and eyes gains towards $1, the altcoin remains well off its all-time peak of $28.53 reached in 2021.

    Synthetix has also struggled since rejecting the December 2024 peak of $3.40.

    Despite this largely negative trend, analysts are seeing a short-term bullish flip for Synthetix’s price.

    If SNX successfully takes out the resistance at $0.80 and $0.85, bulls could eye the $1 mark.

    Synthetix chart by TradingView

    Technical indicators on the daily chart support this outlook. The Relative Strength Index (RSI) is at 57, signalling potential for continuation.

    Meanwhile, the Moving Average Convergence Divergence (MACD) is signalling a strengthening of upward momentum after a bullish crossover.

    However, volatility remains a concern, and the $0.60 zone could offer support if bears pick up the advantage.

    Traders taking profit or whale activity taking hold will be a key watch in the coming days for Synthetix, particularly after its 20% surge.

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  • Litecoin price forecast: what next as LTC drops to key support?

    Litecoin price forecast: what next as LTC drops to key support?

    Litecoin Price Bulls Vs Bear

    • Litecoin trades near $112, just in the green on the day but at risk of fresh losses.
    • The LTC price hovers at key support level as bulls attempt to hold bears off.
    • Bullish crypto market and catalysts such as spot Litecoin exchange-traded funds could help LTC go higher.

    Litecoin (LTC) is trading at $112, about 2% up in the last 24 hours, but in the red over the past week and month time frames.

    Meanwhile, the 24-hour trading volume of $694 million is more than 22% down on the previous day as top altcoins look to bounce.

    As LTC price drops towards the $110 level, can bulls hold onto gains or is the altcoin poised for a revisit of the psychological $100 mark and lower?

    Litecoin price forecast: Is LTC set for a revisit of $90 next?

    Litecoin price has broken below the middle line of an ascending channel pattern. Price at $112 suggests a broader crypto pullback could accelerate LTC’s dip to support at $100 and possibly to $90.

    The technical indicators on the daily chart support a likely flip lower, with RSI and MACD giving sellers the upper hand.

    Litecoin Price
    Litecoin chart by TradingView

    Open Interest has also dropped slightly, down to $994 million from the record highs of $1.27 billion hit recently as LTC spiked.  OI in Litecoin futures does notably remain higher than the lows of $800 million seen in early August.

    A break above $120 could thus allow bulls to test the upper channel barrier near $140 and aim for the psychological $200 mark.

    While the Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover from mid-August and prints red histogram bars, a mixed setup has other indicators signaling potential resilience.

    For instance, the Relative Strength Index (RSI) on the daily chart sits at 46, but is upsloping to suggest buyers could keep off a fresh dip towards the oversold territory.

    If RSI pops above the neutral point of 50 and market conditions align, LTC could see the above scenario play out.

    What could help Litecoin price higher?

    Network growth, including a significant hashrate spike, suggests confidence in the proof-of-work coin.

    This and market sentiment point to a scenario where bulls ride the overall crypto uptick in the coming months to drive higher.

    The upcoming approval of spot ETFs, with Litecoin among those with notable high odds of a nod, add to this outlook.

    In this case, the SEC’s October 2025 decisions on spot Litecoin ETFs from Grayscale, Bitwise, and CoinShares, which carry a 90% approval probability, per Bloomberg analysts, could be huge catalysts.

    Experts say a SEC approval for LTC spot ETFs could drive institutional inflows of up to $500 million in Litecoin at launch, printing the trajectory that saw Bitcoin’s price rally to new highs in early 2024.

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  • ETH outperforms BTC by 26% as a structural shift grips the crypto market

    ETH outperforms BTC by 26% as a structural shift grips the crypto market

    ETH outperforms BTC by 26% as a structural shift grips the crypto market

    • Traders now see a 26% chance of ETH hitting 5,000 dollars this month.
    • A “major liquidity floor” for ETH is being built by institutions.
    • ETH has gained 20% in 30 days, while Bitcoin has fallen 6%.

    A tectonic shift is reshaping the cryptocurrency landscape. While Bitcoin, the long-reigning king, stumbles under the weight of fading momentum and massive liquidations, a powerful rebellion is brewing.

    Ethereum is leading the charge, its price buoyed by a torrent of institutional capital and a fundamental re-allocation of liquidity that has traders now seriously betting on it conquering the coveted 5,000 dollar milestone this month.

    The growing conviction is quantifiable. On the prediction market Polymarket, the odds of ETH hitting 5,000 dollars have surged to 26%, a dramatic climb from just 16% a few days ago.

    This is not a rally built on fleeting hype, but on a deep and structural change in how capital is flowing through the digital asset ecosystem.

    The institutional bedrock

    At the heart of Ethereum’s ascent is a powerful vote of confidence from the market’s giants. 

    “Ethereum’s recent strength is mainly showcased by the level of flows into it, where a major liquidity floor has been built by institutions,” said March Zheng, General Partner at Bizantine Capital, in a note to CoinDesk.

    He added that the ETH/BTC price ratio was at a localized low, making a rebound overdue, and that this cycle is supported by stronger fundamentals like global stablecoin adoption and clearer regulation.

    This sentiment is echoed by industry leaders who see a market increasingly focused on real-world value. 

    “Markets react to headlines, but longer-term value is driven by fundamentals,” Gracie Lin, CEO of OKX Singapore, told CoinDesk. 

    “This is why Ethereum continues to show strength through real utility — even as prices pull back, big institutional moves like BitMine’s ETH accumulation prove there’s deep conviction in its role at the core of crypto.”

    A market in motion: the re-allocation of liquidity

    This isn’t just an Ethereum story; it’s a story about a market in motion. The market maker Enflux, in a note to CoinDesk, described a broad “structural reallocation of liquidity across the crypto landscape.” 

    Capital is actively rotating away from a stagnant Bitcoin and chasing new, emerging narratives. XRP has joined ETH in leading the majors, while assets like CRO are gaining traction following initiatives like Trump Media’s “Cronos Treasury.”

    Furthermore, the surge in trading volume on decentralized platforms like Hyperliquid, which surpassed Robinhood in July, highlights how speculative energy is now tilting toward crypto-native infrastructure.

    These are not just isolated trends; they are undercurrents of a fundamental shift in where the market sees future growth.

    The unsettled throne

    This altcoin uprising stands in stark contrast to the grim picture in the Bitcoin market.

    While trading at 111,733.63 dollars, its on-chain activity remains weak, and a staggering 940 million dollars in recent liquidations signal a dangerous fade in momentum.

    Over the past 30 days, while ETH has soared 20%, Bitcoin has fallen 6%.

    The divergence is clear, but the conviction is about to face a critical test. As Gracie Lin of OKX noted, “With new macro data like the US PCE coming in later this week, we’re about to see how that conviction holds up amidst volatility.” 

    The rebellion is underway, but the final battle for market dominance is yet to be fought.

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  • Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    Numeraire price jumps 40% as JPMorgan commits $500m to Numerai

    • Numeraire price is up 40% to near $12.40 after JPMorgan secured $500 million capacity in Numerai.
    • The NMR token jumped to highs last seen in February.
    • JPMorgan’s move sees Numerai more than double its size.

    Numeraire (NMR), the native token of the San Francisco-based crypto hedge fund Numerai, has surged more than 40% in the past 24 hours after JPMorgan announced investment in the hedge fund.

    On Aug. 26, the Numerai team announced that JPMorgan has secured $500 million in capacity in Numerai, triggering the sharp price surge. Gains outpaced Cronos (CRO), which spiked after Trump Media announced a partnership with Crypto.com.

    As NMR price broke to near $12.40, Numeraire’s daily volume jumped more than 800% to over $115 million. The token’s price reached its highest price since February.

    NMR price chart by CoinMarketCap

    JPMorgan secures $500 million capacity in Numerai hedge fund

    As the intersection between artificial intelligence and decentralised finance grows, the crypto sector has become a magnet for top collaborations.

    Numerai, the San Francisco-based hedge fund built by data scientists, is one of those in the ascendancy.

    On Tuesday, the platform revealed that it had secured a $500 million commitment from JPMorgan Asset Management, with this coming after Numerai saw its assets grow from $60 million to $450 million.

    The $500 million allocation follows Numerai’s exceptional performance in 2024, delivering a 25.45% net return with a Sharpe ratio of 2.75.

    As highlighted in Numerai’s blog, investment from JPMorgan, one of the largest allocators to quantitative strategies globally, signals Wall Street’s growing confidence in AI-powered financial models.

    The Paul Tudor Jones-backed hedge fund is set to see its assets under management more than double after this move.

    A rebound that caught Wall Street’s attention

    Numerai’s path has not been without setbacks. The firm lost 17% in 2023, echoing the struggles of other experimental quant platforms such as Quantopian, which shut down in 2020 after failing to deliver sustainable returns.

    However, Numerai rebounded with a 25% gain in 2024 and has strung together 15 consecutive months of positive performance.

    That turnaround drew the attention of institutional investors. “People don’t really want to invest until there’s a track record,” founder Richard Craib said in a Bloomberg report. “And when you’re doing something super unusual and different, like we are, they might wait even longer before they get excited.”

    So far in 2025, Numerai’s flagship fund, Numerai One, is estimated to be up about 6% net of fees, compared to a 7% return for an index of quant equity market-neutral funds tracked by Aurum.

    The fund has delivered gains in all but one year since inception, including a 20% rally in 2022 when broader markets slumped.

    Big news for NMR?

    Numerai, founded in 2019, operates a unique crowdsourced hedge fund model that leverages AI and data science.

    On the platform, global data scientists can submit stock market predictions through an API and stake NMR tokens to back their models. Successful predictions earn rewards, while incorrect ones result in token burns, creating a dynamic incentive structure.

    Additionally, Numerai has recently announced a repurchase of $1 million in NMR, a move that has the data science community excited.

    The JPMorgan partnership not only validates Numerai’s vision but also highlights the potential for Numeraire in the crypto-AI sector.

    With the hedge fund looking to scale its team and operations, the investor attention on NMR will likely be huge, particularly following this move by JPMorgan.

    NMR price reached highs above $93 in May 2021 and  $25.80 in December 2024.

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  • UAE identified as holding $700M in Bitcoin from mining operations

    UAE identified as holding $700M in Bitcoin from mining operations

    AI generated image for Bitcoin in a vault

    • According to blockchain analytics platform Arkham Intelligence, the United Arab Emirates holds about $700 million in Bitcoin.

    • Arkham traced the mining activity to Citadel Mining, which it said was established in Abu Dhabi in 2022.

    • Based on Arkham’s report and estimates from BitBo, the UAE ranks sixth among sovereign Bitcoin holders.

    The United Arab Emirates holds about $700 million in Bitcoin, primarily accumulated from mining operations, according to blockchain analytics platform Arkham Intelligence.

    In a post on X on Monday, Arkham said it had become one of the first to publicly identify the UAE government’s wallets, estimating that they contain about 6,300 Bitcoin.

    The holdings were attributed to mining conducted through Citadel Mining, a company majority owned by the government-backed International Holding Company (IHC).

    Arkham noted that, unlike the United States and the United Kingdom, where national Bitcoin holdings have largely come from police asset seizures, the UAE’s reserves are linked directly to mining.

    Speculation around the country’s Bitcoin exposure had previously suggested much larger reserves.

    Market rumors often placed the UAE’s holdings at around 420,000 Bitcoin, worth roughly $46 billion at current prices, and allegedly sourced from seizures of illicit activity.

    Those estimates, if accurate, would have positioned the UAE as the largest sovereign Bitcoin holder globally.

    Arkham’s findings, however, put the figure substantially lower.

    Mining operations tied to royal-linked conglomerates

    Arkham traced the mining activity to Citadel Mining, which it said was established in Abu Dhabi in 2022.

    The firm reported that the venture was developed in collaboration with Phoenix Group, a publicly listed UAE mining company, and the IHC.

    Arkham added that it corroborated the timeline of on-chain mining activity with satellite imagery showing the construction of the facility.

    The company said on-chain transactions between Phoenix and Citadel also matched figures disclosed in official documents.

    Based on its analysis, Arkham estimated that Citadel Mining has mined a total of 9,300 Bitcoin to date.

    Citadel Mining is 85% owned by 2pointzero, a holding entity controlled by IHC.

    The IHC itself is majority owned by the UAE Royal Group, a conglomerate led by Sheikh Tahnoon bin Zayed Al Nahyan of Abu Dhabi’s royal family, which holds a 61% stake.

    How UAE compares with other nation-states

    Based on Arkham’s report and estimates from BitBo, the UAE ranks sixth among sovereign Bitcoin holders.

    Its reserves place it behind Bhutan, which holds 11,286 Bitcoin, and ahead of El Salvador, which holds 6,246.

    The United States remains the largest holder with 198,012 Bitcoin, most of it originating from law enforcement seizures.

    China follows with 194,000, mainly stemming from its 2019 crackdown on the PlusToken scam, while the UK ranks third with 61,245.

    BitBo estimates that sovereign entities collectively hold about 517,000 Bitcoin, or 2.4% of the total circulating supply, with a total value exceeding $56 billion.

    In the corporate sector, Michael Saylor’s firm MicroStrategy is cited as the largest institutional holder, with a treasury of 629,376 Bitcoin, representing about 2.9% of the supply.

    The company continues to expand its Bitcoin reserves.

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  • Bitcoin slips below $110,000 as analysts warn of ‘brittle’ market structure

    Bitcoin slips below $110,000 as analysts warn of ‘brittle’ market structure

    Bitcoin slips below 110,000 as analysts warn of 'brittle' market structure

    • The crypto bull run is fraying as Bitcoin slips below $110,000.
    • A massive whale sale triggered over 500 million in liquidations.
    • A huge divergence: Retail is selling while institutions are buying.

    The crypto bull run is fraying at the edges, its momentum faltering in the face of a profound and unsettling contradiction.

    On the surface, the market is a picture of fragility and fear, with thinning liquidity, massive liquidations, and a Bitcoin price struggling to hold the line.



    But beneath this chaotic veneer, a different story is unfolding: one of quiet, colossal, and strategic accumulation by the world’s financial titans.

    The immediate pain is undeniable. Bitcoin is trading just below $110,000 after another failed attempt to bounce, marking a roughly 7% decline since its euphoric peak after Fed Chair Powell’s dovish speech.

    Ethereum, which briefly tasted the air near 4,900, has been sharply rejected and is now battling to hold $4,300, showing clear signs of exhaustion after weeks of outperformance.

    This weakness cascaded through the altcoin market on Monday, with ETH, SOL, DOGE, and others sliding 6-8%, triggering a brutal 700 million liquidation event that overwhelmingly punished long positions.

    A structure of glass: the anatomy of a collapse

    For many market observers, this is a textbook case of a rally running on fumes. The analytics firm Glassnode, in its latest Market Pulse, paints a grim picture of the cycle slipping from euphoria into fragility.

    They point to fading spot momentum, a stunning 1 billion swing to outflows in ETFs, and realized profits collapsing back to breakeven.

    This structural weakness was laid bare in a brutal weekend crash, the anatomy of which was traced by QCP Capital.

    They revealed that the collapse was initiated by a single early holder unloading a massive 24,000 BTC into dangerously thin liquidity.

    The sale cascaded through the market, triggering $500 million in liquidations and exposing, as QCP noted, just how brittle the system has become.

    The quiet accumulators: a different breed of buyer

    But this is only half the story. The Singapore-based market maker Enflux argues that a myopic focus on the retail washout misses the bigger picture. Not all flows, they contend, are created equal.

    While leveraged retail traders were being blown out, a different kind of player was making its move.

    Enflux points to a staggering $2.55 billion ETH stake routed through a single contract and the UAE royal family’s 700 million BTC exposure via Citadel Mining.

    These are not speculative punts; they are the deliberate, programmatic footprints of sovereign and institutional allocators. In their analysis, these giants are intentionally “using volatility to scale into size.”

    This is the great divergence: a market where the short-term conviction of the crowd is shattered, while the long-horizon conviction of the “smart money” is quietly being deployed.

    A bleak September looms?

    The problem, however, is that this long-term institutional buying does little to solve the immediate crisis of liquidity on the Bitcoin blockchain itself.

    With transaction fees collapsing toward decade lows and blocks clearing with little congestion, the network is running quiet.

    This is a critical issue for miners, who are already squeezed by the halving, and it leaves the broader market exposed and bracing for what comes next.

    As September—historically Bitcoin’s weakest month—approaches, the market is on a knife’s edge.

    The battle between the fragile, fleeing retail trader and the patient, accumulating giant will determine whether the next move is a painful consolidation or a much deeper, darker drawdown.

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