Cryptocurrency
BTC Struggles Below $100K, US Inflation Higher Than Expected, ETF Filings Pile Up: Your Weekly Crypto Recap

The last several days have been quite interesting for the cryptocurrency industry, with numerous events impacting the price of Bitcoin (BTC) and the altcoins.
At the beginning of the business week, American President Donald Trump continued his trade war, announcing an upcoming 25% import tax on all steel and aluminum entering the US.
His announcement triggered another round of uncertainty across the financial markets. However, the impact on the crypto sector was not as intense as the one observed at the start of the month.
This time, BTC slipped from around $98,000 at the time of the disclosure to roughly $97,000 hours later. On February 11, the bears retook control, suppressing the price to $95K before another resurgence of over $96,000.
The release of the US CPI data on February 12, though, brought more pain for the bulls. The latest figures showed that inflation in the world’s largest economy was higher than the previous expectations. This caused a sudden drop below $95,000 for BTC and substantial declines for most altcoins.
The crypto market has been in a recovery mode in the past two days, with the leading digital asset rising to its current $97,000, while many alternative coins charted significant gains.
Ripple’s XRP stands as the top performer, witnessing a daily increase of over 12% and surpassing $2.75. Its revival happened shortly after the US SEC acknowledged Graysclale’s application to convert its XRP Trust into an exchange-traded fund (ETF).
While the weekly charts of the biggest cryptocurrencies – BTC and ETH – are in the red, this is not the case for many of the lower-ranked assets. XRP has soared by 11% in the past seven days, BNB is up 13% for the period, while ADA has jumped by 9%.
Market Data
Market Cap: $3.34T | 24H Vol: $109B | BTC Dominance: 57.3%
BTC: $96,757 (-2.8%) | ETH: $2,713 (-2.4%) | XRP: $2.72 (+8%)
This Week’s Crypto Headlines You Can’t Miss
Bitcoin Hash Rate Hits New All-time High: How Are Miners Coping? Bitcoin mining has become increasingly challenging. Earlier this month, the network’s hash rate hit an all-time high of 845 million terahashes per second, marking a 43% rise from last year. This surge enhances network security but makes mining more competitive, requiring greater computing power and energy consumption.
Strategy Resumes Bitcoin Buying Spree, Adds Another 7,633 BTC. Strategy, formerly MicroStrategy, resumed its Bitcoin accumulation after a brief pause, purchasing 7,633 BTC for $742.4 million at an average price of $97,255 per coin. This brings its total holdings to 478,740 BTC, worth $46.6 billion, giving the company a paper profit of over $15 billion.
Investor Profits Millions From CAR Meme Coin While Experts Warn of Potential Scam. The Central African Republic (CAR) recently launched a national meme coin, but skepticism quickly followed after an investor allegedly turned $5,000 into over $12 million within hours. Concerns over legitimacy grew when analysts pointed out that the project’s domain was registered just days before launch. In addition, some AI tools flagged the president’s announcement as possibly manipulated.
ADA Pumps 14% as Grayscale Files For Spot Cardano ETF. Earlier this week, Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange. ADA’s price reacted positively, surging by double digits after the news. As mentioned above, Grayscale also revealed its intentions to convert its XRP Trust into a spot XRP ETF.
Binance and SEC Agree to 60-Day Pause in Legal Proceedings. Binance and the US Securities and Exchange Commission (SEC) jointly filed a motion to pause their lawsuit for 60 days, citing the SEC’s newly formed crypto task force, which could influence the case’s resolution. This move, following the appointment of Chairman Mark Uyeda, may set a precedent for other cryptocurrency firms like Ripple, Coinbase, and Kraken to seek similar delays amid evolving regulatory changes.
Huge Pi Network (PI) News for All Users: Is the Long-Awaited Moment Here? The controversial crypto project Pi Network made the headlines, scheduling the launch of its Open Network for February 20. This development (if it indeed sees the light of day) will make the Pi token publicly accessible by allowing exchanges to list it. Some of the platforms that have revealed their intentions to enable trading services with the asset on launch day include Bitget, OKX, and MEXC.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana – click here for the complete price analysis.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
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
4 XRP Warning Signs Flash: Is Ripple’s Price About to Tumble?

TL;DR
- Ripple’s native token fared relatively well during one phase of the ongoing market-wide correction, but has slipped further below the crucial resistance at $3.
- Although the asset has lost more than 20% of its value since its all-time high registered in mid-July already, there could be more pain on the horizon. Here are four signs supporting this narrative.
Technical Indicators
It was just a few weeks ago when XRP rode a massive wave that drove it from a range-still position of around $2.2 to an all-time high of $3.65. Following this spectacular run, the asset expectedly calmed and retraced toward $3.3. At this point, analysts emerged to warn about the significance of the $3 support, which has to endure so that XRP can remain in a bullish state.
Although this was indeed the case for a long period during the recent correction, that support line finally cracked in the past several hours, and the third-largest cryptocurrency now sits well below it. Although it still hasn’t closed beneath it on the daily, it could dump to the next two support lines at $2.8 and $2.5 if it does, as previously reported.
The second worrying sign for XRP’s price comes from the TD Sequential metric. Ali Martinez, a popular crypto analyst with roughly 140,000 followers on X, warned that the indicator had flashed a sell signal on the 4-hour chart at the local top.
Thirdly, Martinez highlighted the MVRV ratio, which just notched a “death cross, another sign that a steeper correction could be underway.”
Whales Dumping
Ahead of and during the aforementioned rally to a new all-time high, large market participants, known as whales, were accumulating en masse. Within a few weeks, they spent billions to acquire more tokens. In fact, they were buying even when the asset’s price dipped.
However, whales have switched their strategy and disposed of more than 700 million XRP tokens in the span of just a day. To put things into a USD perspective, this stash is worth over $2.1 billion at current prices. Such massive sell-offs increase the immediate selling pressure and serve as examples for smaller investors who can follow suit.
Whales have sold over 710 million $XRP in the past 24 hours! pic.twitter.com/xE5ldWaZz7
— Ali (@ali_charts) August 2, 2025
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Cryptocurrency
Has Ripple’s XRP Already Peaked in 2025? We Asked 3 AIs: Answers Might Surprise You

Ripple’s cross-border payments token took central stage in July as it finally did what many thought it was impossible and broke its all-time high set over seven years ago (January 2018) at $3.4. XRP peaked at $3.65 after a mindblowing 65% rally that took place in just a matter of ten days or so.
However, the third-largest cryptocurrency, which had a market cap of well over $200 billion at that point, has already dropped by 20% to a multi-week low of $2.9 as of press time, raising a few questions, such as whether it has already reached its 2025 high. To gain a different perspective, we decided to ask three of the most popular AIs: Grok, ChatGPT, and Gemini.
More Peaks to Come?
Is the July 2025 all-time high of $3.65 as good as it is going to get for XRP this year? Well, the three AIs in question provided a few alternative answers, as giving a straightforward yes or no answer would be irresponsible, given the volatile nature of the cryptocurrency market. Also, it’s impossible to know what would happen in the future.
Nevertheless, the AI solutions offered these scenarios based on what has transpired in the past year or so – developments, market changes, regulatory improvements, etc – and on a few probabilities.
ChatGPT’s bullish scenario indicated that the current correction is “often healthy after a parabolic run.” If XRP holds above critical support levels, such as $2.8 and $3, its rally could resume in the following week. Additionally, it noted that if BTC and ETH maintain their overall bullish structure, XRP has a solid chance of jumping past its July peak.
It could get another price boost if spot Ripple ETFs are approved in the States and when, for once, the legal case against the SEC officially concludes. ChatGPT also noted that XRP tends to outperform later during a bull market phase.
“Historically, XRP has been a late-stage bull run performer.
In both 2017 and 2021, it had explosive second legs after initial consolidation.”
Grok’s answer was somewhat similar:
“XRP’s $3.65–$3.66 high in July 2025 is a significant milestone, but most expert sources don’t rule out the possibility of new highs later this year if strong market or regulatory catalysts materialize. For now, the price correction appears to be a healthy retracement after a swift rally, not necessarily the definitive peak of the cycle.”
Peak Already Achieved?
Gemini was slightly less optimistic about XRP’s upcoming performance by the end of the year. It outlined significant competition in Ripple’s field, from contenders like Stellar, that can take some of its market share and jeopardize XRP’s adoption curve.
In terms of the asset’s price movements, it said it “might consolidate around its current price or even experience further declines before a potential rally in 2026.”
ChatGPT also provided a more skeptical scenario, suggesting that the lack of fresh catalysts could limit XRP’s upside potential. It noted that capital can rotate out of XRP into other popular altcoins, which are yet to benefit during this market phase, such as TON, SOL, or some meme coins, and Ripple’s native token could cool down.
Overall, though, ChatGPT, as well as Grok, maintained a more bullish stance. The former noted that XRP’s actual high this year can be somewhere between $4 and $5. The latter was even more optimistic, indicating that a price pump to $8 is not out of the question if certain developments go Ripple’s way, such as approval of spot XRP ETFs, major partnership announcements, or a broader market surge.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Cryptocurrency
Here Are Some Binance Coin (BNB) Eye Poppers For You

A former Tokyo Stock Exchange software engineer built and launched the Binance cryptocurrency exchange in 2017. Soon after that, they issued BNB as a native token for its ecosystem.
One of the features that makes it original is BNB’s supply limit of 200 million and Binance’s regularly scheduled BNB “burns.” These are intended to halve its supply effectively.
The company cryptographically locks up some of its own BNB tokens in a way that makes them impossible ever to retrieve or spend again, thus “burning” them.
As a result, the value of the remaining BNB supply increases in an exchange economy against fiat currencies and stablecoins.
That’s a way for the company to share some of the profit with all the other token holders. It provides built-in, long-term support for BNB price growth. So far, ROIs for long-term BNB holders have been very attractive when compared to returns on investment for US stock owners.
Here are some eye-popping BNB crypto token figures, milestones, and comparisons for you.
1. BNB Price Record High To Date (Jul. 28): $850
The BNB price rally on crypto exchanges in July took it to an all-time high record of $850. Even though the price has since declined by some 12%, this is still a very impressive accomplishment.
Over the past month, that’s a +14% ROI, after settling down to $755 at the time of this writing.
This also makes for an impressive growth of around 35% in the past 365 days. Since debuting on crypto exchanges at $0.10 for 1 BNB coin eight years ago in July 2017, that’s an ROI of 849,900%.
It’s an average annualized ROI of 106,237% for Binance tokens over the eight years since the landmark crypto bull market year of 2017.
BNB Tokens vs. S&P 500 US Stocks Compared
By comparison, the S&P 500 Index grew by 158% from Jul. 2017 until this July.
The average annualized ROI of 19.75% for the past eight years was well above average for the broad US stock market benchmark. For many decades now, the S&P 500 has delivered around 10% yearly ROI.
The eight-year ROI from 2017 BNB tokens, approaching one million percent, is staggering compared to the 158% growth from stocks that most people’s grandparents are relying on to keep their retirement years secure and comfortable.
Investing relatively small amounts of money in Binance in 2017 has remarkably produced a significantly life-changing, trajectory-altering financial result for the average household or business.
Are results this extraordinary and unheard of even real? Is there something questionable or dubious about them?
2. BNB Market Cap Surpasses $100 Billion
Amazon shares delivered investors 298,666% ROI in 28 years. Something almost three times that gargantuan percentage in less than a third of the time is par for the course with the Internet’s accelerating rates of market adoption for new tech platforms.
Binance and its BNB currency are no small flash in the pan. Comparisons to US tech giants Microsoft and Amazon are apt and plentiful. It’s not just BNB’s price growth and ROI that are impressive, but its market cap.
The total market capitalization for the BNB economy surpassed $100 billion in July for the third time since last December and in Nov. 2021.
Binance is just eight years old. In 28 years, Amazon has grown to be a nearly $2.5 trillion market cap company by common stock shares.
The sheer, relentless, daily volume of profitable business that Binance conducts with customers, swapping cryptocurrencies for a small fee per transaction, supports the growth in its native token’s market cap and exchange prices.
Binance has gotten into trouble with the U.S. government for anti-money laundering law violations and settled them with the Department of Justice by paying a stiff $4.3 billion fine.
That puts the exchange in the same company as every banking giant like JP Morgan in Warren Buffett’s portfolio, which has also paid massive corporate fines to the US government over similar cases.
3. Nanotech Grabs Corporate BNB Treasuries In 2025
Meanwhile, another corporate treasury stockpile race is brewing over BNB tokens.
Michael Saylor and his Washington, D.C.-based Strategy, Inc. have started investing in Bitcoin over the past four years. Now, even the US government is collaborating with the crypto bros to stockpile BTC, ETH, XRP, SOL, and ADA.
Then you’ve got a publicly traded hotel company in Japan and an online sports betting company in Minnesota piling billions into Bitcoin and Ethereum.
Now, two nanotech firms are buying BNB tokens to establish their own corporate crypto treasuries.
Chinese microchip designer Nano Labs is snapping up some $90 million worth of 120,000 BNB tokens to rebalance its corporate finances.
Pennsylvania-based biotech firm Windtree Therapeutics announced on July 24 that it is committing $520 million to its BNB token treasury strategy, a move aimed at attracting major institutional investment, bringing its total to $700 million.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
- Forex3 years ago
Forex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex3 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Forex3 years ago
How is the Australian dollar doing today?
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- World3 years ago
Why are modern video games an art form?
- Commodities3 years ago
Copper continues to fall in price on expectations of lower demand in China
- Economy3 years ago
Crude oil tankers double in price due to EU anti-Russian sanctions