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Bitcoin Bulls Regroup as Ethereum and Binance Coin Take the Center Stage: This Week’s Crypto Recap

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This week saw quite a bit of action, which ultimately failed to result in any substantial gains or losses in the total cryptocurrency market capitalization. The figure stands at $2.057 trillion, according to CoinGecko – up ever so slightly compared to this day last week.

Bitcoin’s price charted a decline of 2.8% in the past seven days, as the bulls were unable to remain above the important technical level at $52K. And it wasn’t for the lack of trying. In fact, BTC was trading above or very close to $52K for quite a while during the past week, but the bears eventually took over and managed to push the asset downwards.

Now, the cryptocurrency is found trading below $51K, charting a decline of about 0.7% on the day and 2.8% on the week.

It’s perhaps safe to say that it was another cryptocurrency that everyone was looking at this time.

Ethereum is currently trading at $2940, up 3.6% in the past seven days. It attempted to solidify above $3K on a few occasions, but the bulls were unable to upkeep the buying pressure and eventually gave up. Nevertheless, ETH remains the strongest performer from the top 10, as almost all other coins are well in the red besides BNB, which is also up 3.2%.

Elsewhere – Solana is struggling to remain above $100 and is down almost 10% for the week. Ripple’s XRP also couldn’t maintain the bullish momentum and declined by 6%. Avalanche is down almost 12%. It’s worth noting that it experienced some serious network issues this Friday.

It’s also worth noting that Uniswap (UNI) experienced a massive move on Friday, exploding by a whopping 50% in minutes. That comes following a proposal to upgrade governance in a way that rewards UNI token holders who stake or delegate with protocol-generated fees.

All in all, the market continues its positive trajectory, albeit slowing down a bit. Bitcoin ETF inflows continue, showcasing a considerable institutional demand.

It’s interesting to see how the market will shape up in the coming weeks, especially as we approach the April Bitcoin halving.

Market Data

Market Cap: $2.057T | 24H Vol: $81B | BTC Dominance: 48.8%

BTC: $50,920 (-2.8%) | ETH: $2,937 (+3.6%) | BNB: $375 (+3.2%)

market_update_cover

This Week’s Crypto Headlines You Can’t Miss

Bitcoin Miners Move 700,000 BTC to OTC Desks in 3 Weeks, Here’s What it Means. Bitcoin miners have sent a total of more than 700K BTC to over-the-counter (OTC) trading desks in just a few weeks. This might suggest that miners are preparing to sell some of it on the open market.

Andreessen Horowitz Invests $100 Million In ETH Restaking Platform EigenLayer. Andreessen Horowitz – a leading tech-oriented venture capital firm – has invested a whopping $100 million in EigenLayer. This is a blockchain protocol aimed at Ethereum (ETH) restaking.

Vitalik Buterin Advocates for Advanced L1 Features. The co-founder of Ethereum, Vitalik Buterin, has been advocating for the development of more advanced features for layer-one blockchains. He also expressed skepticism regarding the prevailing notion of prioritizing the simplicity of L1s over L2s.

Massive Bitcoin Price Prediction by Pantera, but BTC Maxis Won’t Like It. Pantera Capital – a well-known hedge fund – has stated that there is a significant opportunity for Bitcoin DeFi to capture a tremendous untapped capital of some $225 billion. This is unlike to appeal to Bitcoin maximalists.

Ripple CEO Says Firm is Open to Welcoming a Spot XRP ETF. The potential application and approval of a Ripple (XRP) ETF in the United States is a rumor that’s been circling for quite a while in the crypto field. Brad Garlinghouse, the CEO of the company, said that they would be open to welcoming such a product.

7 Best Avalanche (AVAX) Wallets: The Complete Guide for 2024. Avalanche has been expanding its ecosystem at rapid terms in the past months, gaining more and more popularity. Here are the seven best Avalanche wallets to consider as you venture into the field of decentralized finance.

Charts

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Solana, and Binance Coin – click here for the complete price analysis.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Cryptocurrency

Ethereum-based Meme Coin Pepeto Nears Stage 10, Raises Over $6.18M in Presale, as Ethereum Eyes $10,000

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[PRESS RELEASE – Dubai, UAE, August 15th, 2025]

Early-stage Crypto presales present a rare opportunity for investors to get in at the lowest valuations before a token hits the open market. On 15th of August,  Ethereum has tested the $4,750 mark, signaling strong momentum as altcoin season indicators turn positive.

According to CoinMarketCap, the Crypto Fear and Greed Index leaning toward greed and the Altcoin Season Index showing an upward trend, market sentiment is shifting toward altcoins, creating a favorable backdrop for new and emerging projects. Pepeto, the Ethereum-based meme coin, is approaching the close of Stage 9 of its presale after raising $6,187,248 in total. With a price of $0.000000147 per token, the project continues to attract attention from both meme coin enthusiasts and the wider crypto market.

Stage 9 Nearing Completion: Pepeto Presale Interest Holds Strong

Stage 9’s momentum reflects consistent investor attention. Each stage has moved quickly, and demand has been supported by Pepeto’s clear utility roadmap. Not relying solely on viral hype, Pepeto’s core value lies in its exchange platform, which is already set to list the next wave of meme coins in 2025. Applications for legitimate Web3 projects are open, and a demo version of the exchange has been showcased across social channels, a move that positions the project for sustained relevance.

Community Engagement Meets mid August 2025 Market Timing

Pepeto’s rise comes during favorable market conditions, with the Crypto Fear and Greed Index leaning positive and altcoin season beginning to take shape. The project reports strong engagement across social platforms, contributing to visibility in a competitive market. Its appeal is further supported by two independent audits, from SolidProof and Coinsult, reinforcing transparency and security. Known for its subtle connection to one of the biggest names in meme coin history, Pepeto carries the same 420 trillion token supply as Pepe, with its name born from a playful twist, taking “P E P E” and leaving “T O.” This tie to meme culture, combined with its focus on real infrastructure, is helping it stand out during a busy presale season.

This diligence has drawn attention from more cautious investors seeking credible opportunities in the meme coin sector.

What’s Next for $PEPETO?

With Stage 9 nearly complete and the token’s public debut drawing closer, Pepeto enters a decisive phase. The funding raised so far provides a strong base for initial liquidity and visibility once trading begins. As the presale moves toward its final stages, market watchers will be looking at how Pepeto leverages its exchange, PepetoSwap, cross-chain bridge, and 245% staking rewards to capture attention in a sector driven by both community and innovation.

About Pepeto

Pepeto is an Ethereum-based meme coin combining viral appeal with functional utility. Its ecosystem includes a zero-fee exchange, PepetoSwap technology, a cross-chain bridge, and high-yield staking. Built to merge meme culture with lasting infrastructure, Pepeto’s mission is to create a secure and accessible environment for trading and community growth, backed by audited smart contracts and an engaged global following.

Disclaimer: 

To buy PEPETO, make sure to use the official website: https://pepeto.io. As the listing draws closer, some are attempting to capitalize on the hype by using the name to mislead investors with fake platforms. Stay cautious and verify the source.

For more information :

Website: https://pepeto.io

Telegram: https://t.me/pepeto_channel

Twitter: https://x.com/Pepetocoin

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Ethereum Exit Queue Heating up Again: 808,880 ETH Worth $3.7B Held Up

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The second most valuable cryptocurrency is seeing unprecedented wait times for both staking and unstaking, one of its most sought-after use cases.

Members of the crypto community are aghast and actively discussing the potential reasoning for this bottleneck.

A Fortnight’s Wait

Ethereum’s Validator Queue, which serves as a gauge for determining interest in staking and unstaking, has recorded an exit queue not seen before. At the time of writing, the wait time to leave, i.e., unstake, stands at a staggering 14 days, with 808,880 ETH worth about $3.7 billion, as the network’s epoch limit has been reached.

Source: Validator Queue

An epoch is the time it takes for validators to propose and attest to the creation of blocks, with each one averaging 6.4 minutes. Churn refers to the amount of ETH that can enter and exit per epoch, serving as a safety mechanism to prevent instability. Sweep delay, simply put, refers to the time it takes for a withdrawal to reach your wallet address after passing through the exit queue.

By contrast, the queue to start staking ETH is about half the size of the waiting list, with the current number standing at 374,136, worth approximately $1.7 billion, and with a wait time of 6 days.

CryptoPotato recently reported a similar level of exit queue activity, noting a shift in investor strategies rather than it being solely caused by profit-taking from the price action of the leading altcoin.

What Could Be Causing It?

The debate on X regarding the extraordinary wait time to unstake ETH is heated, with many investors and traders weighing in and providing their opinions on the matter.

The co-founder of the Redstone oracle service, Marcin, noted that this could have started last month, when a previous spike in exit activity was observed, with Tron’s founder, Justin Sun, withdrawing $600 million worth of ETH from the Aave protocol.

There is a popular strategy of staking ETH on Lido, the current leader in liquid staking protocols. Users would receive stETH as a result, use it on Aave to borrow more Ether, and repeat for higher yields. It’s possible that many traders have copied this and wanted to exit when they saw Sun close out his massive position.

An analyst noted that the upcoming launch of ETH staking ETFs may have caused a spike in unstaking, as investors prepared for these funds to go live following the SEC’s ruling that staking activities and liquid staking tokens are not securities.

Another key point was profit-taking, as Ethereum neared its all-time high (ATH) of $4,891.70 from 2021, prompting many traders to capitulate on the rally and take out their winnings.

The rising tide of treasury companies focusing on the altcoin with the highest market capitalization could also be contributing to this, as they seek to reinvest what they have staked so far, further exacerbating network congestion.

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Has XRP’s Bull Run Just Begun or Is the Top Already In? AI Models Predict 2025 Peak Price

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TL;DR

  • Ripple’s cross-border token is among the cryptocurrencies that managed to break their previous all-time highs this year and chart a fresh peak.
  • However, it has lost steam in the following month, unlike many of its competitors, and the question now arises whether the 2025 top has already been reached or does XRP have the legs for one more run.

Bull Vs. Bear Cases

In terms of methodology, the AI solution said it prompted four large language models with identical inputs to reach its conclusion. It reviewed the most recent price actions, historical cycle behavior, common technical markets, such as the Fibonacci extensions, as well as support and resistance lines, and potential catalysts (ETF applications, legal clarity, payments adoption, and overall global situation).

Admitting that making bold predictions is highly speculative, especially in the cryptocurrency industry, ChatGPT outlined two main scenarios – bullish and bearish.

Should the first materialize, XRP’s price would break out of its current sideways structure between $3.00 and $3.50 and head toward a new peak of up to $7 by the end of the year. In case more catalysts cluster, ChatGPT noted that the third-largest cryptocurrency can rocket to lower double-digit territory as well.

Some of those potential propellers include:

Catalyst Fatigue: If ETF momentum stalls or legal headlines disappoint, enthusiasm can unwind quickly.

Macro Shock: A risk-off turn—driven by rates, liquidity, or geopolitics—would hit high-beta assets hardest.

Although there was a bearish scenario as well, it still sounds quite promising for XRP bulls. ChatGPT said there is a possibility that the July 2025 all-time high of $3.65 could be as high as Ripple’s token can go this year.

Failed Reclaim: Multiple failed attempts to clear the $3.4–$3.6 band, especially on declining volume, strengthen the case for a deeper retrace into the mid-$2s or lower.

Still, it noted that this is the least likely scenario to transpire as long as the overall market conditions remain similar or even more favorable.

AI Conclusion

OpenAI’s solution, which recently revealed its fifth version, noted that models do not promise a moonshot, but they also don’t believe the top is in for 2025. After mentioning the necessary disclaimer that this conclusion is not direct financial advice, ChatGPT said:

“The consensus says XRP’s 2025 peak most likely lands in the $5–$7 band if price reclaims and holds above prior highs on rising volume and at least one major catalyst materializes. Without that, the market may have already printed its local top. Bottom line: watch the $3.4–$3.6 corridor, volume expansion, and headline catalysts—because the next decisive move will likely be fast.”

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