News
Altcoin News
Altcoin News
Browse all Altcoin related articles and news. The latest news, analysis, and insights on Altcoin.
What is Conflux (CFX)?
The blockchain world is constantly expanding with new and exciting projects. Among these projects, one name has gained a strong foothold and attracted attention, particularly in the Asian market: Conflux (CFX). So, what is Conflux and what sets it apart? In this guide, we'll delve deeper into Conflux, exploring every aspect of this innovative blockchain network, from its technical structure and ecosystem to its history and future. If you're looking for a high-performance, regulatory-compliant platform that pushes the boundaries of blockchain technology, you're in the right place. Conflux is shaping the future of the digital world by offering groundbreaking solutions in areas like decentralized applications (dApps), DeFi, and NFTs. If you're ready, let's step into the fascinating world of Conflux together.Conflux's Definition and OriginsConflux (CFX) is a public layer-1 blockchain network distinguished by its high scalability, security, and compatibility. Conflux offers innovative solutions to the scalability challenges faced by traditional blockchains, providing an ideal infrastructure for applications requiring high transaction volumes. The network's native cryptocurrency is the CFX token, which serves various functions, including payment of transaction fees within the network, ensuring network security, and participation in governance processes.Conflux was founded in 2018 by leading scientists and technology experts in China. The project is led by researchers and academics from Tsinghua University, led by Turing Award winner Andrew Yao. This strong academic background supports the robustness of Conflux's technical infrastructure and innovative approach. If you're wondering when Conflux coin was launched, the project's mainnet, Tethys, launched in October 2020. This date is considered Conflux's official launch in the blockchain world. As of the launch date, the network's primary goal was to provide a highly efficient and regulatory-friendly blockchain solution focused on the Asian market. By complying with the regulatory environment in China, it aims to be a secure and stable platform for both local and global projects.Conflux is positioned as a key player in the Layer-1 blockchain ecosystem. Layer-1 blockchain projects are basic blockchains with their own independent networks and consensus mechanisms. Conflux falls into this category, distinguishing itself from other Layer-1 projects with its unique Tree-Graph consensus algorithm. This algorithm enables parallel processing of blocks, providing high transaction speed and efficiency. Thus, Conflux offers an alternative solution to the congestion and high transaction fees faced by popular Layer-1 networks like Ethereum. Its regulatory compliance, particularly in China, plays a key role in the adoption of blockchain technology in the Asian market.Conflux's History: Major MilestonesBehind every major project are significant milestones and turning points that have brought it to its current state. The history of Conflux coin is rich in this regard. The project's successes from its inception to the present have solidified its place in the blockchain ecosystem. Launch Date and Mainnet Launch: Following extensive research and development, Conflux officially launched its mainnet, Tethys, in October 2020. This launch was a major step toward making Conflux's vision a reality. With the launch of the mainnet, developers and users had the opportunity to experience Conflux's high-performance infrastructure. This demonstrated that the project had moved beyond theoretical work and reached the capacity to host real-world applications. The Conflux 3.0 mainnet upgrade is scheduled for August 2025, with the goal of reaching a transaction throughput of 15,000 transactions per second (TPS).Recognized as a Chinese government-compliant blockchain project: Conflux stands out as one of the few public blockchain projects to receive government support by complying with China's regulatory environment. For example, in January 2021, the Shanghai Government invested $5 million in Conflux and used the network for stablecoin testing. This marked the first major step in the project's local adoption. Then, in March–April 2024, Conflux assumed a strategic role at the national level by leading the "Ultra-Large Scale Blockchain Infrastructure Platform" project implemented as part of China's Belt and Road Initiative. These developments not only strengthened Conflux's status as "the only public blockchain network with regulatory approval in China" but also gave it a unique advantage in the Asian market.First major partnerships: Conflux has signed significant partnerships to solidify its position in the blockchain ecosystem. These partnerships have helped the project expand its use cases and reach more users. For example, Conflux Network partnered with China Telecom, one of China's largest telecommunications providers, to develop blockchain-enabled SIM cards. This partnership represents a major step forward in integrating blockchain technology into daily life by integrating Web3 identity tools into national telecom networks. Also noteworthy was Conflux's announcement of an NFT partnership with Little Red Book, considered "China's Instagram," in January.Major protocol updates and performance improvements: Conflux is constantly developing its network and implementing significant protocol updates to improve its performance. These updates aim to improve the network's security, efficiency, and developer experience. The Conflux 3.0 upgrade, in particular, is a major step forward, aiming to increase the network's throughput to 15,000 transactions per second (TPS). These performance improvements make Conflux more attractive for DeFi, NFT, and other high-throughput applications. The network's unique Tree-Graph consensus algorithm enables parallel processing of blocks and transactions, resulting in low confirmation times and high TPS.All-Time Highs: Like every cryptocurrency, the CFX token has experienced price fluctuations depending on market conditions. The CFX coin price and past performance are important indicators for investors. Conflux (CFX) reached its all-time high price (ATH) of $1.70 on March 26, 2021. This peak reflects the project's popularity and market interest at the time. However, due to the nature of the cryptocurrency market, prices are constantly fluctuating, and past performance is no guarantee of future results. An examination of Conflux's price history reveals significant price fluctuations parallel to the project's development. Why is Conflux Important?More than just another Layer-1 project in the blockchain world, Conflux stands out with its unique advantages and innovative approaches. Let's take a closer look at the key factors that make it so important…High TPS and Low Transaction FeesOne of the biggest problems with traditional blockchain networks is scalability issues that arise with increasing user numbers and transaction volume. Networks like Ethereum can experience high transaction fees (gas fees) and slow transaction confirmation times during busy periods. Conflux is a high-speed blockchain network designed to address these issues. Thanks to its unique Tree-Graph consensus algorithm, it can process blocks and transactions in parallel. This gives Conflux a high transaction throughput of up to 15,000 transactions per second (TPS). High TPS prevents network congestion, while low transaction fees provide a more economical experience for users. These features make Conflux an attractive option, especially for interactive applications like DeFi and NFTs. Regulatory Compliance (License to Operate in the Chinese Market)One of Conflux's most distinctive features is that it is the only public blockchain network with regulatory compliance in the People's Republic of China. China is known for its strict regulations regarding blockchain technologies. In this environment, Conflux's government approval demonstrates the project's reliability and long-term potential. This regulatory compliance provides Conflux with a unique opportunity for projects seeking to operate in the Asian market, particularly in China. This allows major Chinese technology companies and institutions to develop blockchain-based solutions using Conflux's infrastructure. This position positions Conflux in a strategic position within the global blockchain ecosystem.Advanced Security and Hybrid Consensus Algorithm (Tree-Graph)Conflux utilizes an innovative hybrid consensus algorithm: Tree-Graph to maintain the highest level of network security. This algorithm combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms. PoW ensures the security and decentralization of the network, while PoS increases transaction finality and efficiency. Tree-Graph allows for parallel block processing and provides enhanced protection against attacks such as double-spending. This allows Conflux to deliver high performance without compromising security. The Tree-Graph consensus mechanism is one of the key technical features that distinguishes Conflux from other Layer-1 blockchain projects. Tree-Graph A suitable infrastructure for DeFi, NFT, and enterprise solutionsConflux's high scalability, low transaction fees, and advanced security features make it an ideal platform for a wide range of use cases. Decentralized finance (DeFi) applications, NFT marketplaces, and enterprise blockchain solutions can all benefit from the advantages offered by the Conflux network. Conflux offers a fast and low-cost transaction environment for DeFi projects and an efficient infrastructure for NFT creators and collectors. Furthermore, thanks to its compliance with the Chinese government, it offers a reliable option for companies seeking to develop enterprise-level blockchain solutions. This makes the question of what Conflux coin is useful for a multifaceted approach. The Conflux ecosystem is constantly expanding in the Web3 and DeFi spaces, making it a strong foundation for future innovations.EVM Compatibility: eSpaceAnother notable feature of Conflux is its EVM-compatible domain, called eSpace. Running on the same network as Core Space, eSpace is fully compatible with the Ethereum Virtual Machine, allowing developers to develop applications directly using Ethereum tools like MetaMask, Hardhat, or Remix. This allows dApps on Ethereum to be ported to Conflux with virtually no modifications. This architecture maintains the scalability and low cost advantages of Conflux while providing a compatible bridge to the Ethereum ecosystem. Secure asset transfers between Core Space and eSpace are also possible through a mechanism called CrossSpaceCall. The Conflux Ecosystem and Future PotentialConflux is more than just a blockchain network; it boasts a vibrant and growing ecosystem. This ecosystem includes decentralized applications (dApps), DeFi protocols, NFT marketplaces, and various Web3 projects. Conflux's high performance and regulatory compliance provide a suitable environment for these projects to thrive.Many innovative dApps and projects are being developed on the Conflux network, including DeFi platforms, games, social media applications, and enterprise solutions. For example, Moonswap, Conflux's native DEX (decentralized exchange), offers users fast trading with low fees. Furthermore, Conflux-based NFT marketplaces provide artists and collectors with the opportunity to securely buy and sell their digital assets. These projects demonstrate the diversity and potential of the Conflux ecosystem. Conflux ecosystem. Source: Conflux/Medium Conflux is taking significant steps to ensure interoperability between different blockchain networks. Cross-chain bridges like Conflux ShuttleFlow allow users to easily transfer their assets between Ethereum, Binance Smart Chain, and other popular networks. This compatibility allows Conflux to integrate with the broader blockchain ecosystem and offers greater flexibility for users. Cross-chain compatibility plays a critical role in Conflux's future growth and adoption.Conflux has a continuously evolving roadmap. The project focuses on improving network performance, expanding the ecosystem, and exploring new use cases. Major updates, particularly the Conflux 3.0 upgrade, will further enhance the network's capacity and capabilities. Conflux's vision is to drive global adoption of Web3 and make blockchain technology accessible to everyone. With its strategic position in the Chinese market and strong academic support, Conflux appears poised to remain a major player in the blockchain world. Conflux's Developers and CommunityThe success of a blockchain project is directly linked not only to its technical infrastructure but also to its development team and supporting community. Conflux has a strong foundation in this regard.Conflux Network boasts an experienced core team of scientists, researchers, and business leaders who are experts in their fields. Among the project's founders are world-renowned and Turing Award-winning Professor Andrew Yao. Yao is known for his groundbreaking work in computer science and brings academic depth to the Conflux project. The team also includes experienced individuals such as CTO Ming Wu and research director Guang Yang. This strong leadership team shapes Conflux's technical vision and roadmap. As the founder of Conflux coin, Andrew Yao and his team embody the project's academic roots and innovative approach.University-backed research roots (Tsinghua University): One of Conflux's most notable features is the strong research support it receives from a prestigious academic institution like Tsinghua University. The project was developed by researchers from Tsinghua University's Yao Class, led by Andrew Yao. This academic background has enabled Conflux to develop robust and innovative technology based on scientific foundations. This university collaboration allows the project to continuously incorporate the latest research findings and technical advancements. This makes Conflux a project driven not only by commercial considerations but also by the pursuit of scientific excellence.In addition to a strong team of developers, Conflux also boasts a growing, active community worldwide. This community contributes to the project's development, developing new applications and supporting network adoption. Conflux Network also offers various ecosystem funds and grant programs to grow its ecosystem and encourage new projects. These funds encourage developers to build innovative dApps, DeFi protocols, and NFT projects on the Conflux network. Global community governance and transparent communication strengthen Conflux's decentralized structure and contribute to the project's long-term sustainability. Conflux aims to build an ecosystem that enables creators, communities, and markets to connect globally by encouraging cross-border and multi-chain collaboration.Frequently Asked Questions (FAQ)Below are some frequently asked questions and answers about Conflux:What is Conflux, and when was it released? Conflux is a highly scalable, secure, and compliant layer-1 blockchain network. Its mainnet, Tethys, launched in October 2020. It aims to provide high-throughput and regulation-friendly solutions, focusing primarily on the Asian market.Who developed Conflux? Conflux was developed by researchers and academics at Tsinghua University, led by Turing Award-winning Professor Andrew Yao. The project is backed by a strong academic and technical team.What consensus algorithm does Conflux use? Conflux uses the unique Tree-Graph consensus algorithm. This hybrid algorithm combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms, providing high security, scalability, and efficiency.What does the CFX token do? The CFX token is the native cryptocurrency of the Conflux network. It offers various functions, including payment of transaction fees within the network, ensuring network security (staking), participation in governance processes, and use in dApps.Is Conflux suitable for investment? Conflux offers potential advantages such as high scalability, compliance with the Chinese government, and a robust ecosystem. However, like any cryptocurrency, investing in the CFX token carries market risks. It is important to conduct thorough research and seek financial advice before making an investment decision.What are the application areas for Conflux? Thanks to its high-performance infrastructure, Conflux has a wide range of application areas, including DeFi (decentralized finance), NFT (non-fungible tokens), Web3 applications, and enterprise blockchain solutions. It stands out particularly in the Asian market for its regulatory compliance.
Ripple Prepares to Enter Japan's Stablecoin Market with RLUSD
Blockchain company Ripple is preparing to take a new step with Japanese financial giant SBI Holdings, with whom it has had a long-standing strategic partnership. The company plans to launch its Ripple USD (RLUSD) stablecoin in the Japanese market in the first quarter of 2026. According to the statement, distribution will be carried out through SBI VC Trade, SBI's cryptocurrency arm.RLUSD, which Ripple launched at the end of 2024, is backed 1:1 by US dollar reserves, short-term US Treasury bonds, and cash equivalents. With a market capitalization of $666 million, the stablecoin boasts a daily trading volume of approximately $70 million.A new era in JapanSBI VC Trade CEO Tomohiko Kondo described the launch of RLUSD in Japan as "a major step forward in the reliability and ease of use of stablecoins." According to Kondo, this move will not only increase investor options but also accelerate the convergence of financial and digital technologies. Ripple Vice President Jack McDonald also emphasized that the partnership is based on harmony and trust. McDonald stated that RLUSD aims to be "a reliable and efficient bridge between traditional finance and decentralized finance." He also stated that they believe this partnership will set a new standard not only in Japan but also in the global stablecoin market.Growth in the Stablecoin MarketRLUSD's move into Japan coincides with significant global momentum in the stablecoin market. According to market data, the supply of USD-pegged stablecoins rose from $256 billion at the beginning of August to $266 billion by the end of the month. Experts expect the market to reach trillions of dollars in size in the coming years. Total stablecoin supply. Source: The Block The GENIUS Act, passed in the US in 2025, established a new foundation of trust in the stablecoin ecosystem. Following this regulation, new projects, such as World Liberty Financial's USD1 token, listed on Coinbase, have seen rapid growth. Ripple's RLUSD stands out in this second wave of growth, particularly with its focus on institutional transactions and regulation.Ripple transparently discloses its data by publishing monthly reports from independent auditors for RLUSD.A Trust Test in AsiaRLUSD recently received approval from the Dubai Financial Services Authority and began its use as a payment instrument in the Dubai International Financial Centre. It also served as a significant boost to confidence by being selected for the Bullish Exchange's $1.15 billion IPO in the US.RLUSD was first launched in December 2024. Backed 1:1 by the US dollar and short-term government bonds, the stablecoin is primarily used in corporate payments, international money transfers, and decentralized finance (DeFi) applications. Stablecoins are generally preferred in the crypto market to provide price stability, offer safe havens in trading pairs, and expedite cross-border transactions. Ripple's RLUSD aims to be a reliable alternative for both individual users and institutional investors in this area.
TIA Comment and Price Analysis - August 22, 2025
TIA/USDT Technical AnalysisAnalyzing TIA chart, we see that downtrend is still dominant. The price of the coin tested $2.11 and then got rejected from that level. It is currently trading around the level at $1.69. This general outlook indicates that buyers are not strong enough in the short term.It is clear that the range between the levels $1.81 – $1.88 has turned into a resistance. If this resistance gets broken, the next key level will be $2.11. If TIA can hold above this key level, it is possible that the levels at $2.36 → $2.45 and $2.78 will be the next upper targets ahead.We have the first support level at $1.60 in case of a pullback. Below this level, we should be following the critical levels at $1.43 and $1.31. Falling Trend Structure Summary:Resistance zones: $1.81 – $1.88 → $2.11 → $2.36 → $2.45 → $2.78Support zones: $1.60 → $1.43 → $1.31These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
AAVE Comment and Price Analysis - August 21, 2025
AAVE/USDT Technical AnalysisAnalyzing AAVE chart, we see that the long-standing downtrend since 2024 has seen another test, but no breakout to the upside has occurred yet. This trendline continues to act as a strong resistance, and the price has been rejected from that level. If a breakout above this trend occurs, a potential rise towards the $400 level could come into play from a technical perspective. However, until such a breakout happens, the medium- to long-term downward pressure should still be considered.In the shorter-term outlook, a rising wedge pattern is drawing attention. Rising wedges typically have a higher probability of breaking to the downside. If the lower boundary of this formation is broken, $268 and $254 would be the initial support levels. A stronger support area lies around $234.Daily closes above $306 are needed for the upside momentum to strengthen. In that case, $340 and $400 would become the next targets. Current AAVE View Summary:The 2024 downtrend is still acting as resistance.A rising wedge is in play, with a high risk of downside breakout.Upside breakout: Daily closes above $306 could target $340 – $400.Downside breakout: $268 – $254 – $234 support zones come into focus.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
Singapore's Largest Bank DBS Launches Tokenized Investment Products on Ethereum
Singapore's largest bank, DBS, has taken a significant step to further strengthen its presence in the digital asset ecosystem. The bank announced the launch of tokenized structured notes on Ethereum, a public blockchain, for the first time. This move aims to open complex financial products, traditionally accessible only to high-net-worth investors, to a wider investor base.DBS's structured notes typically require a minimum investment of $100,000 and are often considered illiquid, tailored to private clients. However, with the bank's new tokenization model, these products will now be offered in $1,000 increments. This allows investors to trade more flexibly, manage their portfolios more easily, and react quickly to market fluctuations.Tokenization not only lowers the investment threshold but also makes products more liquid and transparent. This attracts the interest of both professional and institutional investors and reinforces Singapore's growing role as a tokenization hub. Not limited to DBS clientsThe bank's first tokenized products announced will be structured notes indexed to crypto assets. These products are designed to provide cash returns when cryptocurrency prices rise while limiting potential losses when they decline.Crucially, these products will be accessible not only to DBS's own clients but also to a broader investor base through third-party platforms. Singapore-based digital investment platforms ADDX, DigiFT, and HydraX are among the prominent partners in this distribution process.Demand is growing rapidlyDBS highlights the significant increase in institutional demand for digital assets recently. According to bank data, DBS clients alone executed over $1 billion in crypto-related options and structured notes in the first half of 2025. Trading volume increased by approximately 60% from the first quarter to the second quarter of the year.This growth is particularly linked to the proliferation of family offices and professional investors in Singapore. By 2024, the number of single-family offices in the country is expected to exceed 2,000, a 43% increase. This serves as a significant catalyst for wealthy investors to turn to digital assets.Why Ethereum?DBS has decided to launch its tokenized products on Ethereum, a public network. The bank states that Ethereum is preferred due to its global reach, mature ecosystem, and security. While many financial institutions have previously opted for more closed and private blockchains, DBS's move into Ethereum is considered a strategic step in its goal of opening up to international investors.DBS launched crypto-linked structured notes along with crypto options in 2024 and subsequently attracted attention with its stablecoin initiatives. Now, it plans to expand its range of tokenized products. The bank aims to tokenize not only crypto-based products but also equity-linked and credit-linked structured notes in the future.Li Zhen, Head of Digital Assets at DBS, stated, “Asset tokenization is the next frontier in financial market infrastructure. This step aims to meet the institutional appetite for digital assets.”
ONDO Comment and Price Analysis - August 21, 2025 | JrKripto
ONDO Technical AnalysisOndo has been drawing attention recently by maintaining its upward trend structure. As seen on the chart, the price is still moving above the trendline, and this structure remains strong. Sustained movement above $0.90 indicates that the trend is intact and the upward movement could continue. In this scenario, the following levels can be targeted respectively: $0.95 → $0.9960 → $1.0137.If the price dips below $0.90 and holds there, the upward trend will weaken, and pullbacks towards the $0.8861 – $0.8390 support zones may come into play. Rising Trend Support and Resistance ZonesSupports:First support: $0.9019 (intersection with the trendline)Lower support: $0.8861Stronger support: $0.8390Resistances:Initial resistance: $0.9478Higher resistances: $0.9960 and $1.0137Main targets: $1.0707 and $1.1214These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
YZY Coin Craze: Famous Rapper's Crypto Hits Peak, Then Crashes
Ye, formerly known as Kanye West, has launched his own cryptocurrency called Yeezy Money (YZY) on the Solana (SOL) blockchain. In a post on X, the rapper described the project as "a new economy built on-chain" and shared a link to the official website along with his contract address. The token has sparked skepticism among fans, as Ye stated in February that he opposed issuing his own cryptocurrency and rejected a $2 million deal allegedly offered to defraud his community. Despite these skepticism, Yeezy Money is still available on the artist's official website and online store, suggesting the project is genuine.Kanye West launches meme coinThe most talked-about topic in the Solana ecosystem this week was YZY Money, backed by famous rapper Kanye West (now Ye). The token surged dramatically in just a few hours after its launch, but quickly became the center of controversy due to a sharp drop and allegations of insider trading. YZY Money, in the first minutes of its launch, charted a fortune for investors. Starting at $0.05, the token's price quickly rose to $3.16. This represented an increase of almost 6,800%. CoinMarketCap and similar data providers indicate that the token reached a market capitalization of approximately $3 billion at its peak. However, this frenzy didn't last long. Due to investor profit-taking, suspicious trading activity, and liquidity issues, the token's price quickly fell below $1. Within hours, billions of dollars in market capitalization vanished.Kanye West's role is controversialThe launch of YZY Money was announced with a post from Ye's personal X (Twitter) account. While it was initially thought that the account had been hacked, a video promoting the token was later released. However, it remains unclear whether this was a real video or an AI-generated one.The project, dubbed the "YZY ecosystem," includes not only a token but also a payment platform called Ye Pay and a crypto-linked card called YZY Card. Despite this, the biggest question mark on the community's mind was Ye's stake in the project. Previously revealed documents indicate that 70% of the token supply was allocated directly to Ye, with only 20% available for public sale and 10% reserved for liquidity.Insider Trading AllegationsOne of the most striking points for investors is the pre-launch activity of wallets with insider knowledge. Lookonchain, an on-chain analytics platform, revealed that a wallet named "6MNWV8" had prior knowledge of the contract address and attempted to purchase the token before it was released. After the launch, this wallet spent approximately 450,000 USDC to purchase 1.29 million YZY. Subsequent sales generated a $1.5 million profit. A larger investor purchased YZY for approximately 12,170 SOL ($2.28 million), and their balance quickly rose to $8.29 million. This led many to doubt the claims of a "fair launch."Another controversial point is that the liquidity pool is filled solely with YZY tokens. While normally expected to be paired with stablecoins like USDC, the one-sided pool model allows developers or large investors to manipulate the market. This structure was previously highlighted during the LIBRA token scandal, causing significant losses for investors.While some early investors profited from millions of dollars, late entrants faced significant losses. For example, one wallet purchased YZY with approximately 1.55 million USDC, but after the price dropped, they sold out, losing nearly half a million dollars.
BNB Investment Company Gets Delisted by Nasdaq: Share Prices Crashed
US-based biotechnology company Windtree Therapeutics (WINT) is losing its listing on the Nasdaq exchange. The company's long-standing failure to meet the $1 minimum share price requirement has led to the company's delisting process. This development has severely shaken investor confidence and sent a seismic surge in the company's stock.NASDAQ announced that Windtree has been officially put on notice as of August 19, 2025, and that trading will be halted at the market's opening on August 21. The company expects its shares to continue trading on over-the-counter (OTC) markets under the ticker symbol WINT. However, this process is not guaranteed; even with approval, OTC markets are known to have significantly limited liquidity and visibility compared to Nasdaq. This raises serious questions about Windtree's ability to raise capital in the future.Historic Share Price CrashFollowing the delisting decision, Windtree shares entered a free fall. According to market data, the stock price lost 76% of its value in a single day, falling to $0.11. This means the company's shares have lost more than 90% in just one month and over 99% since the beginning of the year. In a filing with the U.S. Securities and Exchange Commission (SEC), the company's CEO, Jed Latkin, emphasized that operations are continuing as normal and that all reporting obligations will be fully met. However, the market's confidence issues are already reflected in the share price, as the figures indicate.BNB Treasury SpotlightWindtree has attracted attention not only for its biotechnology efforts but also for its crypto investments. Last month, the company added Binance Coin (BNB) to its corporate treasury, becoming a rare example in the U.S.However, the decision to delist from Nasdaq revealed that this strategy, rather than building investor confidence, has raised questions. Interestingly, while Windtree shares collapsed, the BNB price followed the opposite trend. BNB, which has increased by over 3% in the last 24 hours, is trading around $860, surpassing the $850 level. The token, which has performed strongly throughout 2025, has gained 12% in the last month, 30% in six months, and 50% annually.Windtree's transition to OTC markets will be a crucial step in determining how the company will proceed. This decision echoes Nasdaq's previous delisting of Bitcoin miner Argo.Last month, Windtree announced a $500 million credit line and a $20 million stock purchase agreement with Build and Build Corp. As part of these agreements, the company is known to have purchased a significant amount of BNB tokens. This makes Windtree one of the few publicly traded companies in the US to hold a BNB treasury.
PENGU Comment and Price Analysis - 20 August 2025 | JrKripto
PENGU Technical Analysis Analyzing Pengu chart, we can clearly see that the price of the coin has been trading within a falling wedge formation for some time. The potential to break above is high according to this wedge formation, so it is technically quite positive.Pengu is close to the lower border of this falling wedge formation and is currently trading around the level at $0.0306, which also intersects the horizontal support range at $0.0287 – $0.0290. Therefore, this range can be considered a key reversal zone.The price will meet the first resistance level at $0.0315 in case of a positive scenario. Above this resistance, the levels at $0.0345 and $0.0357 should be followed as resistance areas that intersect the upper border of the wedge. The price could swiftly surge to the level at $0.0395 if the wedge formation breaks upwards.The levels at $0.0278 and $0.0251 should be followed in case Pengu breaks below the current support levels. However, remember that the primary scenario is an upward breakout as long as the formation holds. Falling Wedge Formation SummaryFormation: Falling wedgePrice: $0.0306Key support levels: $0.0287 – $0.0290 and $0.0278Upper targets: $0.0315 → $0.0345 → $0.0357 → $0.0395Main scenario: Falling wedge formation could break above if Pengu can hold above the current support level.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
RENDER Comment and Price Analysis - 20 August 2025 | JrKripto
RENDER Technical AnalysisAnalyzing Render chart on a daily time frame, we see that there is clear triangle formation getting narrower. Render has broken down the support level at $3.75 in the middle part of this triangle owing to the recent selling pressure, and it is currently trading around $3.59. The price of the coin has tested the lower trend line of the formation following this breakdown. Symmetrical Triangle The level at $3.50 seems to be the most critical support in the short term. This support level intersects both horizontal support and ascending trend line. It is important to hold above this support level. If the price breaks below this support level, $3.26 → $3.18 → $2.95 will be the next lower support levels to follow.Render must climb above the level at $3.75 again if the price is to test the upper resistance levels at $3.95 and $4.16 towards the upper trend of the triangle. A breakout of the level at $4.16, in particular, could trigger a stronger upward wave in line with the formation's target, which is $4.60 and above.Render is still trading within the triangle formation, and it is drawing near to a critical decision phase. An upward breakout will be the key factor in determining the next direction of the price.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
China Takes a Step into the Crypto: Stablecoins On Its Way
According to Reuters, China is considering allowing the use of yuan-backed stablecoins for the first time, marking a significant reversal in its stance on digital assets, aiming to foster broader global adoption of its currency. Sources familiar with the matter indicate that China is preparing to approve a new yuan internationalization plan later this month, which sees yuan-backed stablecoins as a key tool against the dominance of the US dollar.The State Council, China's cabinet, will review and likely approve a roadmap later this month to increase the currency's global use. This roadmap includes catching up with US progress on stablecoins.The plan is expected to include goals for the use of the Chinese currency in global markets and outline the responsibilities of local regulators. The sources added that the roadmap will also include risk mitigation guidelines. The country's top leadership is also expected to convene later this month for a working session focused on the global momentum of yuan internationalization and stablecoins. At this meeting, senior leaders are likely to set the tone for stablecoins and define the boundaries of their application and development in the business world.China's plan for the use of stablecoins, if approved, would represent a major shift in its approach to digital assets. The country banned cryptocurrency trading and mining in 2021 due to concerns about the stability of its financial system. China has long desired the yuan to attain global currency status similar to the dollar or euro, reflecting its weight as the world's second-largest economy. However, strict capital controls and trillion-dollar annual trade surpluses have worked against this goal. Market participants note that these restrictions will also pose a significant obstacle to the development of stablecoins.Stablecoins are a type of cryptocurrency designed to maintain a stable value. They are typically pegged to a fiat currency, such as the US dollar, and are widely used by crypto traders to move funds between tokens. According to payments platform SWIFT, the yuan's share as a global payment currency fell to 2.88% in June, its lowest level in two years. In comparison, the US dollar held a 47.19% market share.China maintains strict capital controls to manage inbound and outbound flows, and several interconnection schemes allow capital to be deployed in key offshore markets like Hong Kong. In the US, President Donald Trump championed stablecoins days after his inauguration in January, establishing a regulatory framework that helped legitimize dollar-backed cryptocurrencies. Their underlying blockchain technology allows for the instant, borderless, and low-cost transfer of funds around the clock, giving them the potential to disrupt traditional daily money movements and cross-border payment systems.China Bans Crypto MiningIf approved, China's reported plan to use stablecoins would mark a major shift in the country's approach to crypto after it banned crypto trading and mining in September 2021. This news comes after multiple reports indicating that mainland China is warming to stablecoins in the face of a US stablecoin push in 2025. In June, a central bank of China (PBOC) official acknowledged the transformative potential of emerging technologies like stablecoins in global payments systems and intensified calls for regulatory approval of yuan-backed stablecoins.
What is Pump.fun (PUMP)?
Meme coin projects have undoubtedly been one of the most entertaining and chaotic trends in the crypto world in recent years. This trend, which began with Dogecoin and continued with legends like Shiba Inu and Pepe, is now the new darling of Pump.fun, which launched with the motto "everyone should be able to issue their own coin." For those wondering what pump.fun is, we can briefly explain it as follows: This platform runs on the Solana network, a meme coin factory where you can create and launch your own token in minutes. In other words, if you have an idea or a funny joke, you can turn it into a coin with just a few clicks.Pump.fun's origin story is as spontaneous and entertaining as the coins themselves. Launched in early 2024, this platform's goal was to make the crypto world a little more "fun." Being able to issue a coin without getting bogged down in technical details, writing a massive whitepaper, or dealing with major investors... It's precisely this freedom that quickly made Pump.fun a trending topic on social media. This ecosystem, which simplifies the creation of community coins, also offers users governance and ease of transaction through its native token, PUMP.In this guide, you'll find everything you need to know about Pump.fun, from how it came to be to key milestones like its launch date and history, to the benefits of Pump.fun and its price history.Pump.fun's Definition and OriginPump.fun stands out as a decentralized token launch platform. This means anyone can easily create their own cryptocurrency, especially meme coin-style tokens, without needing to know any technical coding. Simply connect a Solana wallet, enter the token name, symbol, and optional image, and a new coin is born and available for trading within seconds. This fast and simple process facilitates the creation of projects with a high potential for virality on social media. In short, Pump.fun is seen as a pioneer in the crypto world, where "everyone can launch their own coin."The platform's origins date back to January 2024. Initially launched by an anonymous team of developers, the founders concealed their identities and embraced a completely community-driven, decentralized vision. Initially, they were referred to only by pseudonyms; for example, the initial developer who announced the project used the name "Alon." It later emerged that Pump.fun is backed by young UK-based entrepreneurs Noah Tweedale, Alon Cohen, and Dylan Kerler. These three individuals, frustrated by the meme coin craze and the accompanying fraud risks, set out to create a more fair and entertaining environment. The project is driven by the vision of "being the most fun place on the internet."Pump.fun's founding purpose is to bring fun and community interaction to the crypto ecosystem. New tokens are released in a completely fair manner, without any pre-sale or special team allocations. This allows everyone to start on the same footing. The meme coin culture already holds significant importance in terms of small investments, high-yield dreams, and community support. This is where Pump.fun comes in, creating a platform for community coins with high viral potential to grow rapidly. As a result, Pump.fun has become an innovative ecosystem that expands upon the path blazed by popular examples like Dogecoin and Shiba Inu, allowing users to easily create their own "pump coins." Pump.fun's History: Major MilestonesAfter Pump.fun's arrival, events unfolded rapidly. Sometimes surprising, sometimes amusing, but always creating a buzz in the crypto world, milestones emerged. Let's take a look at Pump.fun's short but eventful history:January 2024 - Launch: The platform officially launched on January 19, 2024. Hundreds of thousands of tokens were created on the Solana network in the first weeks, and user interest exploded. By mid-2024, the number had reached millions. By July 2024, it was reported that more than 1 million tokens had been created on Pump.fun. This rapid pace made the project known as one of the fastest-growing applications in crypto history.Late 2024 - First community movements: Despite the project's anonymous nature, the community quickly organized. On social media platforms (especially Twitter/X and Discord), Pump.fun users began sharing their experiences and discussing newly released meme coin projects. Several successful tokens created on the platform quickly gained value, leading to viral stories like "coins released from Pump.fun." During this period, the platform became known as "Solana's meme coin factory" and attracted attention in the crypto media. The community was also discussing the idea of the platform launching an official token towards the end of 2024. Indeed, the development team had already begun preparations to crown the platform's success with an official token.First official token (PUMP) announcement: In the first half of 2025, the Pump.fun ecosystem token, PUMP, was officially announced. The maximum supply was set at exactly 1 trillion. This brought the price per token down to less than a penny, making it possible to acquire a significant amount of PUMP even with small amounts. A wave of excitement swept through the community, and airdrop expectations began to be discussed. Meanwhile, the platform made headlines with the trading volume it generated on Solana. By mid-2025, it was announced that it had generated approximately $800 million in transaction fee revenue. July 2025 - Record ICO Sale: The public sale (ICO), held on July 12, 2025, literally made history. Originally scheduled to last three days, the sale ended in just 12 minutes. During this time, $500 million was raised. The ICO price was set at $0.004, and a total of 125 billion PUMP tokens were sold. Including the private sales, the project raised $1.2 billion and reached a market capitalization of approximately $4 billion. Thus, Pump.fun became one of the largest and fastest ICOs in crypto history. The token distribution was as follows: Exchange listings and initial price movements: Immediately following the ICO, in mid-July 2025, the PUMP token began listing on various cryptocurrency exchanges. Initially, global exchanges such as Bybit, Kraken, KuCoin, Bitget, Gate.io, and MEXC simultaneously listed PUMP. Crypto.com even announced that it would open PUMP deposits after the ICO and activate the trading pair once certain liquidity conditions were met. Driven by these listings, the PUMP token price took off quickly. With an ICO price of $0.004, the token opened at $0.0056 in its initial trading on exchanges, representing a roughly 40% premium, and continued to rise. Its all-time high (ATH) of $0.006812 was reached on July 17, 2025. This level represented a roughly 70% increase compared to the ICO price. The community was quite excited by this early price performance, and “pump coin rich” jokes started circulating on social media. Pump coin price moved as such: Chart: Price chart of the Pump.fun (PUMP) token in mid-July 2025. PUMP, which reached a peak of $0.0068 with a rapid rise on July 16-17, began to decline with sales in the following days. Late July 2025: Volatility and airdrop discussions: Unfortunately, the honeymoon period for the PUMP token was short-lived. Large investors participating in the ICO, the "whales" who acquired significant amounts of tokens in the private sale, quickly began making large transfers to exchanges. In fact, just two large private investor wallets sent over $160 million worth of PUMP to exchanges within a week of launch. This selling pressure drove the price down, and on July 21, 2025, PUMP reached an all-time low of $0.003642. This value was 46% below its peak and below the ICO price. In other words, even investors who had bought tokens from the ICO but hadn't yet sold them were, on paper, incurring losses. The most controversial topic within the community at this time was the airdrop, which the team had previously hinted at.August 2025 - Community reactions and competition: Before and after the ICO, the Pump.fun team hinted at a potential future airdrop for the community. Most users expected to share in the platform's high transaction volume and revenue. However, in a Twitter livestream at the end of July, co-founder Alon Cohen announced that the airdrop would not take place for now. This announcement was the final straw. Because the livestream was hosted by popular crypto influencer Threadguy, it reached a very large audience and became known as "Pump.fun's funeral" within the community. The lack of a clear roadmap and the lack of any buyback plan or incentives further alienated investors. As a result, large wallets began selling rapidly. For example, one of the largest private investors sold 25 billion PUMP tokens between July 16th and 27th, generating a profit of $8.2 million. The impact of these sales pushed the PUMP price below $0.003, and its market capitalization quickly eroded by over $1 billion.Competing projects and current situation: The loss of confidence experienced by Pump.fun paved the way for competitors to emerge in the ecosystem. A similar Solana meme coin platform, Bonk.fun, saw rapid growth in mid-2025. Bonk.fun quickly gained a market lead with its community-focused approach (token buybacks, rewards, revenue sharing, etc.). Currently, Bonk.fun holds approximately 65% of the meme coin market on Solana, while Pump.fun holds 25%. As pressure mounts on the Pump.fun team, it's rumored to be preparing for various moves. The most frequently discussed topic is their plan to launch their own blockchain, called "Pumpchain," by August 2025. Rumors suggest the team is planning to migrate all smart contracts and token infrastructure on the platform to a new Layer-1 chain capable of 10,000 transactions per second. If this happens, a new snapshot could be taken and a new airdrop could be made to the community. Meanwhile, Pump.fun has also launched a DEX called Pump.swap, which is currently in beta. Why Is Pump.fun Attracting Attention?Pump.fun has attracted significant attention in the crypto community since its launch. So, what are the factors behind this project's popularity?Meme Coin Hype and Viral MarketingThe period between 2023 and 2025 witnessed a meme coin craze in the cryptocurrency world. This trend, which began with Dogecoin and continued with projects like Shiba Inu and Pepe, saw coins based on jokes or internet memes reach incredible market capitalization. Pump.fun became a platform that both fueled and fed this hype. So much so that in July 2025, the total meme coin market capitalization peaked at $87 billion, experiencing a 58% increase in one month. Pump.fun found its place in this viral marketing landscape with the idea that "everyone can create their own Dogecoin." Stories about absurdly named tokens created on the platform and their sudden surge were frequently shared on social media. For example, news of a token created by a user on pump.fun gaining 100x in value in a single day could go viral on Twitter (albeit entirely speculative). Such content reinforced the perception that the platform provided opportunities for "get rich overnight" dreams and attracted more users.Community Strength and Social Media ImpactCentral to Pump.fun's success is a strong community and social media influence. The project emphasized its independence from any central authority, giving its users a voice. PUMP token holders can vote on the platform's future and participate in project governance. This gives investors a sense of being "part of the project." Especially in projects like these, known as community coins in the crypto world, having an active and engaged follower base is crucial. Since launch, the Pump.fun team has grown its community through entertaining posts and meme-friendly language on channels like Twitter (X) and Telegram. Announcements made by the official account are quickly shared thousands of times; For example, news of Crypto.com's listing after the ICO reached hundreds of thousands of people. Meanwhile, content creators and influencers from within the community also contributed to the project's marketing. Some volunteers made YouTube videos explaining "What is Pump.fun and how to use it?", while others shared PUMP analyses on Twitter. This organic marketing proved far more effective for the project than paid advertising. Ultimately, it was precisely this community-social media synergy that propelled Pump.fun to the top of the list of viral cryptocurrency projects.Low entry cost and high volatility potentialAnother reason for Pump.fun's appeal was its characteristics that appeal to investment psychology. Firstly, the very low price of the PUMP token (a mere fraction of a centimeter) can make new investors feel like they're buying cheap. For example, someone who invested $100 in the ICO acquired 25,000 PUMP tokens. Acquiring such a large amount of tokens can be psychologically appealing to investors. Secondly, both newly issued tokens on the platform and the PUMP token itself exhibit very high volatility. Prices can rise exponentially or drop sharply in a short period of time. This volatility attracts risk-takers seeking high returns in the short term. The "buy today, multiply tomorrow" motto, frequently uttered within the Pump.fun community, has attracted many new investors. Of course, the flip side of this is the risk of losing money just as quickly. However, many in the cryptocurrency space willingly enter the equation of high risk = high potential return. Pump.fun has attracted significant interest because it offers a gaming platform that satisfies this gambling urge. In short, its volatile structure, which allows anyone to participate with a low entry cost and promises the opportunity for instant wealth, has fueled interest in the project.Pump.fun's Developers and CommunityThe team and community dynamics behind the Pump.fun project were key factors in shaping its trajectory. When Pump.fun first emerged, its developers chose not to highlight themselves. At its launch in early 2024, the team remained anonymous, using only pseudonyms. This isn't surprising in the crypto world, as we've been accustomed to anonymous founders since Bitcoin's creator, Satoshi Nakamoto. In Pump.fun's case, anonymity served as a marketing strategy for the project: the message being, "Since there's no central hub, the founders don't matter; what matters is the community." However, some names emerged during and after the ICO process. Co-founder Alon Cohen, in particular, became the face of community outreach after the PUMP token launch. According to documents released to the press, Alon Cohen and the other founders are known as young entrepreneurs from the UK. In other words, the initial anonymous structure has gradually given way to a more transparent founding team profile. However, in keeping with the spirit of the project, the team remains in the background, striving to navigate the community's voice rather than prioritize it.Perhaps Pump.fun's greatest strength was its large and passionate community. From the project's early days, many users acted not only as investors but also as volunteer ambassadors. For example, guides, tips, and announcements of new tokens were entirely produced by the community. Even moderators of official Telegram groups were largely volunteers. Thanks to the PUMP token's governance feature, important decisions were made through surveys to gather community input. Indeed, this allowed for the rapid implementation of some platform improvements. The community also contributed to the project's financial success; for example, rewards and referral programs for those who traded the most on the platform were shaped by suggestions from active members.However, it's important to note that community support is a double-edged sword. Just as thousands enthusiastically championed the project during its rise, criticism can be just as fierce during its decline. The community's reactions following the airdrop's postponement and price crash were a prime example of this. Suddenly, posts harshly criticizing the project team began circulating on Twitter under the hashtag #pumpfun. In other words, community power, if not managed well, can turn against the project. Pump.fun's place in crypto culture can be evaluated precisely through this example: When trust and transparency are lacking in the world of community coins, the masses can quickly turn their backs.Despite all its ups and downs, Pump.fun has become a phenomenon that has left its mark on cryptocurrency history. Many analysts describe Pump.fun as a cornerstone of the 2024-2025 meme coin craze. Mainstream financial sources like Bloomberg even noted that Pump.fun was one of the biggest drivers of the explosive increase in activity on the Solana blockchain. The project became a phenomenon with its multi-billion-dollar ICO and its millions of users. Of course, it wasn't without its critics: some see Pump.fun as dysfunctional, serving only speculation and "pump-dump" cycles. As a matter of fact, the majority of tokens created on the platform either lose value in a short time or die without receiving sufficient attention.Frequently Asked Questions (FAQ)Below are some frequently asked questions and answers about Pump.fun:What is Pump.fun, and when did it launch?: Pump.fun is a meme coin creation platform and ecosystem token running on the Solana network. It allows users to easily create their own tokens. The platform launched in January 2024, and its native token, PUMP, was launched in July 2025 (opened to the public through an ICO).Who developed Pump.fun?: The project was initially developed by an anonymous team. The founders initially remained anonymous, but names like Alon Cohen and his partners later emerged. It is known that the team also included entrepreneurs like Noah Tweedale and Dylan Kerler. So, while the developers initially remained anonymous, they have become somewhat well-known as the project has grown.How does Pump.fun work?: Pump.fun runs entirely on-chain smart contracts. Because it's built on the Solana blockchain, users can use the platform with any Solana-compatible wallet. Anyone can create a new token with just a few clicks and instantly make it available for trading on the platform. The price of newly created tokens is determined by an automated model called the bonding curve - each purchase gradually increases the price, while sales decrease it. This creates transparent pricing, even if initial liquidity is low. The PUMP token is used for fees within the platform, governance votes, and ecosystem-related decisions.Is Pump.fun suitable for investment?: This depends entirely on the investor's risk preferences. Pump.fun and similar community coin projects have very high volatility; both large gains and losses can occur in a short period. While the project grew rapidly and attracted considerable attention, it was later shaken by trust issues and price drops. Therefore, it should be considered a highly risky investment. If you believe in the project and see long-term potential, it is best to only invest with amounts you can afford to lose. In any case, it is recommended that you conduct your own research before investing in projects like Pump.fun and carefully evaluate the project's community status and development roadmap. How is Pump.fun's price determined?: The price of the PUMP token is determined by the supply-demand balance in the markets. Since PUMP is now traded in the free market after the ICO, transactions between buyers and sellers on exchanges drive the price up and down. While the price initially rose above the ICO price, it subsequently declined due to sales. Factors such as the platform's success, usage rate, and news-based expectations also influence the price. In short, PUMP, like other cryptocurrencies, is priced under constantly changing market conditions. User-created tokens on the Pump.fun platform are initially priced within the platform using a bonding curve model. Once they reach sufficient liquidity, they are transferred to decentralized exchanges and subject to market conditions.Is Pump.fun just a meme coin, or does it have a utility?: What is the purpose of the Pump.fun coin? The Pump.fun project has two aspects. While the PUMP token may have the aura of a meme coin when viewed alone, it actually has various uses as the platform's official token. This token provides voting rights in the platform's governance processes, and a portion of transaction fees can be paid with PUMP. It's also stated that it could be used for purposes such as sharing platform revenue and participating in special events in the future. Furthermore, the Pump.fun platform is an ecosystem where countless meme coins can be created in addition to PUMP—it's not just a single coin, but an infrastructure and community project. In short, PUMP is more than just a humor-themed token; it's a tool at the heart of the Pump.fun ecosystem, contributing to its benefits.Follow the JR Kripto Guide series for the latest developments and community news about Pump.fun.
Major Turmoil in Crypto Markets: Why Are Bitcoin and Altcoins Declining?
Bitcoin and other major cryptocurrencies have experienced significant price declines in recent days. Bitcoin has fallen by over 5%, falling from record highs above $124,000 to $113,500. Other major tokens like Ethereum (ETH), XRP, and Solana's SOL have also experienced corrections, dragging the broader market down. On Wall Street, the tech-heavy Nasdaq index fell 1.40% to $23,384 from a record high of $23,969 a week ago, indicating weakening bullish momentum. Most market commentators attributed these losses on Wall Street and the crypto markets to investor risk aversion ahead of Federal Reserve (Fed) Chair Jerome Powell's speech at this week's Jackson Hole event. The prevailing view was that persistent inflation data could prevent Powell from meeting the market's dovish expectations. However, analysts suggest the real driver of this decline is different.What's Behind the Bitcoin decline? According to David Duong, head of institutional research at Coinbase, the primary reason for this sharp market sell-off is fear of the US government's anticipated liquidity withdrawal from the Treasury's General Account (NPL). Duong said, "Jackson Hole and the PPI are simply excuses for market participants to reduce risk ahead of the US Treasury's NPL liquidity withdrawal (approximately $400 billion) in the coming weeks. This explains why Bitcoin, along with many stocks, has lost its trend. However, we believe the path forward in September is clearer."The Treasury General Account is the US government's operating account at the Fed. It is used to collect taxes, customs duties, proceeds from securities sales, and public debt revenue, while also facilitating government payments. Just like our savings accounts, the NPL balance fluctuates daily, rising with revenues and falling with payments.The Treasury typically spends its cash balance during periods of fiscal uncertainty, such as the persistent debt ceiling, to enable the government to meet its obligations. NPL expenditures support risky assets by increasing liquidity in the system. The opposite occurs when the Treasury attempts to rebuild its balance by issuing more debt than necessary to finance its liabilities. This tends to drain liquidity from the system.According to data source MacroMicro, the NPL balance has increased from approximately $320 billion to over $500 billion since the end of July. Seeking Alpha estimates that the Treasury may need to issue $500-600 billion worth of new debt over the next two to four months to return the NPL to healthy levels.According to Delphi Digital, this restructuring is occurring under more fragile conditions than in previous years. “Compared to 2023, the financial system now faces fewer liquidity buffers, tighter balance sheet capacity, and reduced foreign demand for Treasury bills. The structural ability to absorb large-scale issuances has weakened across all major channels. If the Federal Reserve maintains its tightening stance or delays a pivot, the mismatch between supply and current demand could increase funding rates and spill over into a broader range of risky assets, including crypto,” said Marcus Wu, research analyst at Delphi Digital.Wu added that the recent large-scale restructuring in the second half of 2024 was offset by other pro-liquidity developments, such as the $2 trillion in the Fed’s RRP facility, healthy bank reserves, and strong foreign demand for debt. However, these factors have eroded over time, leaving the current liquidity environment vulnerable to disruption, as Wu noted. Profit-taking and macroeconomic developments are driving Bitcoin and altcoinsFurthermore, according to experts, Bitcoin and Ethereum also experienced declines due to profit-taking and repositioning ahead of Fed Chair Powell's Jackson Hole speech.With the current market consolidation, analysts said investors are closely monitoring exchange-traded funds (ETFs) and macroeconomic catalysts. After a record-breaking July, spot Bitcoin ETFs saw a slowdown in inflows and even some net outflows this month. Ether ETFs, which saw strong inflows in the first two weeks of August, have also recently begun to see outflows.Investors are now closely watching the minutes of the Federal Open Market Committee (FOMC) July meeting, due out on Wednesday, and Federal Reserve Chair Jerome Powell's speech in Jackson Hole on Friday. "The most important event in the near term is Powell's Jackson Hole speech this Friday," said Peter Chung, head of research at Presto Research. "The market is already expecting a rate cut in September. If he says something contradictory, expect a sharp correction. However, if he exhibits a more dovish tone than expected, the market could rally," Chung said. Chung noted that the market movements over the past few days are a result of investors positioning themselves for the outcome of this important event, which remains uncertain.
Trump Family Moves Into Dogecoin and Litecoin Mining
Thumzup Media Corp., whose largest shareholder is Donald Trump Jr., announced that it will acquire Dogehash Technologies, a mining company for Dogecoin and Litecoin, through a stock swap. As part of the deal, the combined company will be rebranded as Dogehash Technologies Holdings, Inc. and will begin trading on Nasdaq under the ticker symbol XDOG.A Massive $153.8 Million DealAccording to a statement released Tuesday, Dogehash shareholders will receive a total of 30.7 million Thumzup shares. This represents a valuation of approximately $153.8 million based on the company's last closing price. The deal is expected to be finalized by the end of the year after shareholder approval.Dogehash currently mines approximately 2,500 Scrypt-based ASIC devices in renewable energy-powered data centers in North America. The company focuses primarily on mining Dogecoin (DOGE) and Litecoin (LTC) and plans to further expand its capacity by 2026. Thumzup CEO Robert Steele stated that this merger is a critical step in the company's transformation:“Dogehash offers a world-class mining operation powered by low-cost renewable energy. Our vision is not only to efficiently mine Dogecoin and Litecoin; we also leverage Dogecoin's fast transaction times and low fees to expand its use cases, such as daily payments and rewards systems.”Dogehash CEO Parker Scott emphasized their long-term strategy, saying that owning and operating their own fleet will put the company ahead of its competitors.It's also worth noting that Thumzup is the company behind Truth Social, a platform frequently used by US President Donald Trump.The Trump Family's Growing Crypto EmpireThis move adds another link to the Trump family's crypto investments. Donald Trump Jr. and Eric Trump partnered with Hut 8 to establish American Bitcoin earlier this year. World Liberty Financial, another Trump-backed venture, decided to add the WLFI token to the company's treasury as part of a $1.5 billion deal with Nasdaq-listed ALT5 Sigma.Thumzup shares plummeted following the announcement of the deal. The company's shares fell 41% in one day to $5.01. Analysts attributed this decline to stock dilution and operational risks.Doge's price was also affected by the general market sell-off during the same period. DOGE fell 1.09% in the last 24 hours to $0.213, bringing its weekly losses to over 11%. Thumzup raised additional funds for mining expansion and digital asset accumulation with a $50 million share sale in July. The company also aims to increase miners' earnings by staking in DeFi products on Dogecoin's DogeOS Layer 2 network.
SOL Comment and Price Analysis - August 19, 2025 | JrKripto
SOL Technical AnalysisSolana continues to trade within its broad ascending channel structure, which has remained intact for a considerable time. Both the lower and upper boundaries of the channel remain valid in the bigger picture. Recently, the price has been moving upward within the mid-zone of this channel.The $167.87 horizontal support level was tested in recent days, with the price rebounding strongly from this area. This level is critical as it coincides with both horizontal support and the ascending trendline. The price is currently around $183.77 and is advancing toward the upper resistance area.If the price maintains stability above $167, the upward movement is expected to continue. In this scenario, the next targets to watch are $191.89, $201.24, and $233.18, respectively. Technically, the upper boundary of the channel aligns with the $300 level, forming a strong medium-term target.In case of a pullback, the first support will be $167.87. Below this, the $146.86 – $140.03 range will serve as a critical support area. For deeper corrections, the $121.00 – $122.00 zone near the channel’s lower boundary stands out as a strong demand area. Rising Channel Structure Summary:Price: $183.77, trading within an ascending channelFirst support: $167.87Upside targets: $191.89 → $201.24 → $233.18 → $300Primary trend: Ascending channel remains intact; uptrend is preservedThis analysis does not constitute investment advice and focuses solely on support and resistance levels that may present potential short- to medium-term trading opportunities based on market conditions. All trading and risk management decisions are solely the responsibility of the user, and the use of stop-loss orders is strongly recommended.
