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BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.
This week, the cryptocurrency market corrected downward, significantly weakening the positions of most leading assets: BTC is trading around 113,000.00 (–3.9%), ETH at 4,320.00 (–3.3%), XRP at 2.8700 (–7.6%), USDT at 1.0007 (–0.12%), and BNB near 855.00 (+0.1%). The total market capitalization amounted to $3.85 trillion, with BTC’s share at 58.6%, while Bitcoin ETFs decreased by $1.155 billion and Ethereum ETFs by $848.8 million.
Coinbase CEO Brian Armstrong said Bitcoin could reach $1 million by 2030, citing regulatory clarity and wider global adoption. He made the comment during Stripe’s Cheeky Pint podcast - Youtube
Ethereum recently lost momentum. The breakout to fresh all-time highs has been delayed for now, and several factors will shape the price direction in the coming days.
BNB has entered price discovery once again, briefly topping $881 on August 21 and pushing its market capitalization beyond $120 billion. This milestone secures a fresh all-time record for the Binance-native token.
Hopes for an altcoin rally fizzled out this August, as the crypto market saw a noticeable decline in enthusiasm for alternative digital assets. According to Google Trends, searches for “Altcoin Season” plunged by more than 50%. The cooling sentiment aligned with a broad price correction across most altcoins. While Bitcoin briefly surged past $124,000 in early August, many altcoins, meme coins, and DeFi tokens slipped lower, adding to investor frustration.
The SOL/USD pair is moving within a medium-term uptrend. Over the weekend, prices refreshed yearly highs near 209.80 before sliding into a correction in line with the broader crypto market.
Ether has pulled back hard, sliding from about $4,750 to near $4,200 — and the move may not be finished. A cluster of on-chain signals points to potential selling pressure in the days ahead.
Market analyst Bastian (Bitbull Youtube) takes a closer look at Stellar (XLM) and outlines the key levels traders should watch right now. After retesting the 50-day EMA for the second time, XLM is once again leaning on this moving average as a critical support. If this level continues to hold, the price pattern could evolve into a symmetrical triangle, pointing toward an upcoming breakout. A move to the upside would favor the bulls, yet much depends on Bitcoin’s direction.
Only a small number of cryptocurrencies qualify as securities, SEC Chairman Paul Atkins stated at a symposium in Wyoming.
Bitcoin and Ethereum slipped as traders took profits from the recent rally and positioned themselves for upcoming macro events.
Bitcoin could reach $200,000 by the end of the year if U.S. retirement plans begin allocating into crypto, according to Andre Dragos, head of European research at Bitwise. He shared this view in an interview with Cointelegraph.
DEX aggregator 1inch has rolled out the first-ever native decentralized swaps connecting Solana with all major EVM-based blockchains. The feature is now available through the 1inch dApp, 1inch Wallet, and via the Fusion+ API.
For crypto, the framework is similar to traditional financial markets but comes with its own twist. Here, price action turns on liquidity, adoption, regulation, and flows from institutions alongside retail sentiment. Network health—hash rate, staking, active wallets—adds another layer. Macro still matters too: rates, dollar strength, and risk appetite shape inflows and outflows. Then, as with any market, you use the chart—trend, support and resistance, momentum, and volume—to spot setups and manage risk.