Latest Cryptocurrency News

Solana ETF Hype Builds as Firms Hustle to Get SEC Approval - So, here’s the scoop: the Solana ETF train isn’t slowing down if anything, it’s picking up speed. A bunch of big-name asset managers (think Canary Capital, Franklin Templeton, VanEck) just dropped updated S-1 forms on the SEC’s desk. That’s basically them saying, “Hey, we’re serious about this, let’s make it happen.” You’d think after the Bitcoin and Ethereum ETF parade, they’d chill. Nope. Solana’s next in line. What’s actually new? Well, first off, they named Marinade Finance as their go-to for staking. Only Marinade, nobody else. Apparently, these trusts are planning to park a fat chunk of their SOL with Marinade for at least two years. It’s like a loyalty program, but with more legalese and less free coffee. The rewards from staking? Those’ll get plowed right back into the fund (minus fees, obviously nobody’s working for free here). They’re also hyping up Marinade’s “instant unbonding” feature. Translation: investors won’t get stuck twiddling their thumbs during Solana’s lock-up periods if they want their money out. On the custody front yeah, they tweaked that too. Now there’s a clear split between hot and cold wallets, and the custodian holds the private keys. Regular folks won’t ever touch the actual crypto, but, let’s be real, custody risks are still very much a thing. To keep things above board, they’ll post daily NAVs, portfolio holdings, and pricing data right on the ETF’s website. Solana ETF Hype Builds as Firms Hustle to Get SEC Approval Oh, and the risk section? That got a glow-up. Now they’re spelling out stuff like slashing penalties, validator downtime, network outages, and the possibility that the fund ignores forks or airdrops. Plus, the whole IRS tax treatment for staking rewards? Still murky. They’re aiming for “grantor trust” status, but who knows what the tax man will decide. James Seyffart, over at Bloomberg, chimed in basically saying these updates mean the SEC and fund managers are actually talking, not ghosting each other. Expect even more firms to jump on the bandwagon soon. The regulatory gears are definitely grinding. All this activity just screams “institutions want in.” Solana’s even getting clout from the government, who flexed by using its blockchain for GDP data. Not bad, right? If these ETFs get the green light, it’s open season for mainstream investors to get Solana exposure no weird wallets or seed phrases required. Just like with Bitcoin and Ethereum ETFs. The crypto world’s moving fast—blink and you’ll miss it. Related Reading https://www.topcoinindex.com/news/chainlink-pauses-below-resistance-is-a-major-breakout-looming

Chainlink Pauses Below Resistance — Is a Major Breakout Looming? - Chainlink (LINK) has recently shown impressive upward momentum, but its rally now appears to be taking a breather just beneath a crucial resistance level. The big question is whether this pause is merely a setup for a larger move higher or if a pullback is on the horizon first.

In a recent post on X, Alpha Crypto Signal pointed out that LINK had made a sharp parabolic run before entering a consolidation phase just under the $26.60 resistance mark. This level has become the center of attention for traders, as they look for signs that LINK might have the strength to break through.

According to Alpha Crypto Signal, the upward momentum behind LINK has been impressive, and a breakout above $26.60 wouldn’t be unexpected. If that happens, it could open the door to another strong leg higher in the price.

However, the analyst also warned of broader market conditions that suggest a potential correction could be on the table. If LINK can’t hold its current range, a dip below the highlighted support zone is possible. Still, Alpha Crypto Signal views this potential drop as a buying opportunity what they describe as a “must-buy” zone where traders could enter at more favorable prices.

To prepare for this possibility, the strategy involves setting spot limit buy orders just beneath the support zone, waiting for the market to align with the anticipated setup. This measured approach allows for flexibility positioning to benefit from either a breakdown or a breakout.

On the other hand, if LINK does manage to break above $26.60 on strong volume, the trading plan would be adjusted accordingly. For now, LINK remains a coin to watch closely as it hovers at a critical decision point that could define its next major move.

Chainlink Pauses Below Resistance — Is a Major Breakout Looming?

In a separate analysis, trader Rai examined LINK’s short-term performance on the 15-minute chart and noted that the coin is bouncing back strongly from a key support zone. This rebound points to growing buyer confidence and hints that bulls are starting to gain control of the short-term trend.

The chart analysis suggests that LINK may be gearing up for a retest of the $24.30 resistance level—a critical hurdle that could play a big role in shaping the next phase of price action.

If LINK can decisively break above this level with enough volume, it could validate a continuation of the current uptrend. Such a move would signal a shift in sentiment, giving buyers the upper hand and potentially setting the stage for a more sustained rally in the near term.

Related Reading : https://www.topcoinindex.com/news/is-the-crypto-bull-run-over-analyst-says-the-real-peak-is-still-ahead

Is the Crypto Bull Run Over? Analyst Says the Real Peak Is Still Ahead - Despite growing concerns about a fading crypto rally, prominent market analyst Miles Deutscher believes the current skepticism is misplaced. In a recent video titled “Why The Crypto Bull Run Is Far From Over (Data Says This Happens Next),” Deutscher who has amassed over 630,000 followers on X—argues that the broader market and macroeconomic indicators suggest the current cycle is still alive, and that Ethereum may be gearing up to outperform, even as Bitcoin faces short-term pressure.

Deutscher addresses the rising narrative that Bitcoin may have already peaked for this cycle, acknowledging that the coin’s current price action does appear weak. Still, he maintains: “I don’t believe the cycle is over,” and lays out why, in his view, the conditions that typically mark a market top haven’t emerged yet.

On a short-term basis, Deutscher notes Bitcoin has broken below a key support channel but is now trying to recover its mid-range position. He highlights what he refers to as a “bearish retest at the H4 money noodle,” a proprietary moving average-based trend indicator. According to him, reclaiming and holding the $114,000 level is essential to restoring bullish structure, with $111,500 acting as a critical support.

While Bitcoin might look shaky, Deutscher points to Ethereum as telling a different story. On the daily chart, ETH is consolidating just below its former all-time high, forming a compression pattern above its own “money noodle.” He interprets this as a bullish setup that could precede a major breakout—provided ETH continues to hold above key support zones.

A core piece of Deutscher’s argument is that the crypto market is still in sync with broader economic growth trends. Citing data from fellow trader @cointradernik, he notes that several “risk-on” asset ratios—like U.S. micro caps vs. small caps, emerging markets vs. the FTSE 100, and innovation stocks (like those tracked by ARK) vs. gold are showing signs of bottoming out rather than peaking.

If the broader business cycle is still progressing, he reasons, it would be unusual for crypto to already be entering a prolonged decline unless the asset class were to decouple entirely from equities, which hasn’t happened.

Deutscher also points to political sentiment favoring digital assets and the likelihood of interest rate cuts in the coming months as further support for the market. He sees current volatility as more a product of short-term uncertainty than the start of a full-scale trend reversal.

Is the Crypto Bull Run Over? Analyst Says the Real Peak Is Still Ahead

Zooming out, Deutscher outlines Bitcoin’s pattern since 2023 as a series of rally-pause-rally moves. Within this framework, he suggests that even a drop toward the $100,000 level wouldn’t signify the end of the bull run, but rather a healthy correction.

He emphasizes that Bitcoin’s current position above long-term moving averages is less extended than during past peaks, like those in 2021 or late 2024. That means there's less room for a dramatic retracement. “Anyone calling the top at $124,000 might be disappointed,” he says, noting that this pullback appears mild relative to historical corrections.

One of the more debated aspects of Deutscher’s analysis is his take on altcoin rotation. He argues that, historically, Ethereum tends to rally strongly after Bitcoin reaches its local top. For example:

• In 2017, Bitcoin dropped 47% after peaking, while Ethereum surged over 100% within the following month.

• In 2021, Bitcoin fell 27% post-top as ETH jumped 83% in the same time frame.

Although Deutscher isn’t claiming Bitcoin has already peaked this cycle, he notes that Ethereum and other altcoins are already starting to outperform Bitcoin suggesting a divergence that could set the stage for another alt-driven leg higher.

Because of this, he says he's less interested in buying Bitcoin on dips and more focused on using those pullbacks to build long positions in ETH. He disclosed holding a growing Ethereum position in his public “fun trading account” but urged most investors to stick to spot trading and avoid heavy leverage. “I’ve made mistakes in the past by going overboard with leverage,” he admits, encouraging caution.

Wrapping up, Deutscher reiterates his belief that the crypto market hasn't reached its final peak. He argues that true tops generally come when the economy is slowing, risk appetite is waning, and price action is showing parabolic blow-offs none of which he sees in the current environment.

Even if Bitcoin were to mark a high soon, Deutscher doesn’t believe that would automatically spell the end of gains for Ethereum and other altcoins. “We’re simply not at that part of the cycle yet,” he concludes.

Related Reading : https://www.topcoinindex.com/news/shiba-inu-shib-big-move-coming-or-just-another-fake-out

Shiba Inu (SHIB): Big Move Coming or Just Another Fake-Out? - Alright, Shiba Inu’s sitting at one of those “do or die” moments. The chart’s squished into a symmetrical triangle basically, price bouncing tighter and tighter, kinda like a spring that’s ready to pop. It’s been stuck around $0.0000126 forever, and honestly, you can almost feel traders getting antsy. Volatility’s dried up, which usually means people are bracing for something big… but what, exactly? SHIB’s got some serious resistance sitting up between $0.0000132 and $0.0000140. Both the 100-day and 200-day EMAs are right there, acting like brick walls. Down below, $0.0000120’s been like a safety net, catching every dip so far even when the rest of the market’s been wobbling. But you can only squeeze things so tight before something snaps, right? Volume’s just starting to tick up, nothing wild yet, but you know what that usually means folks are placing bets for whichever way this is about to break. The RSI? Meh, sitting at 48, so basically, nobody’s got the upper hand. If SHIB manages to close above $0.0000135, then hey, we could see a run to $0.0000150 or maybe even $0.0000160. But if $0.0000120 gives out, yikes we could be headed back down to $0.0000105, and that’s not a vibe anyone wants going into Q4. So, yeah, it’s crunch time. This triangle can’t last forever. SHIB’s got to pick a direction soon, and whatever happens next is probably going to set the mood for a while. Buckle up. Shiba Inu (SHIB): Big Move Coming or Just Another Fake-Out? XRP is teasing everyone, just chilling around the $3.00 mark like it’s got nowhere better to be. Classic triangle pattern on the chart, which usually screams “incoming fireworks!” except, uh, nobody showed up. Volume’s practically a ghost town, so any pump right now feels like it’s got “fakeout” written all over it. The 100-day EMA’s at $2.80, 200-day’s chilling at $2.49 so there’s some support, sure, but not enough to start popping champagne. RSI’s at 49, so, again, total coin flip. If XRP can’t get some volume behind it, it’s probably just gonna slip back to the $2.80 zone and keep snoozing. But hey, if volume suddenly explodes (never say never, right?), a push past $3.10 could light a fire and send us up to $3.40 or $3.50. Until then? Yeah, feels like we’re just waiting around for something anything to happen. Dogecoin’s actually looking pretty perky lately, not gonna lie. Price bounced back up to around $0.224 and is eyeing a make-or-break resistance. Since mid-July, DOGE has been on the move higher lows, holding that ascending support line like a champ. Both the 100-day and 200-day EMAs? In the rearview mirror now, so that’s boosted confidence a bit. Only thing left is the 50-day EMA, which is basically the last boss before DOGE can really run. If DOGE can blast through that 50-day EMA, we might be looking at a run to $0.25 or even $0.27. But if it slips under $0.21, that could dump us all the way back to $0.19 and kill the good vibes. Volume’s been steady, so there’s definitely buyers lurking. RSI’s hanging out around 50—neutral as can be. But if DOGE can pull off a proper breakout, you know the meme armies and speculators are gonna go wild. Never count this mutt out. Related Reading : https://www.topcoinindex.com/news/cardano-foundation-responds-to-hoskinsons-criticism-clarifies-its-role-and-actions

Cardano Foundation Responds to Hoskinson’s Criticism, Clarifies Its Role and Actions - Following a wave of community questions and pointed criticism from Cardano founder Charles Hoskinson, the Cardano Foundation has released a detailed response outlining its current responsibilities and governance role. In a forum post dated August 26, the Foundation avoided naming Hoskinson directly but clearly addressed concerns about its operations, transparency, and involvement in recent ecosystem developments.

The Foundation emphasized that much of its work is essential, albeit largely unseen by everyday users. It highlighted its support for infrastructure that powers exchanges and custodians, including maintenance of key tools like GraphQL (originally developed by IOG on top of DB-Sync), a high-performance Java-based implementation of Rosetta, and the cardano-wallet reference implementation. Additionally, the Token Registry API—supporting CIP-26 and CIP-68 metadata—has been integrated into GraphQL for better performance.

These technical services, the Foundation noted, play a crucial role in enabling smoother ADA and native token onboarding processes. Since 2021, its engineering, integration, and exchange support teams have worked closely with trading platforms to reduce onboarding complexity and cost.

Addressing a contentious topic—who should bear the cost of integrating new tokens—the Foundation reaffirmed that it would not fund individual Cardano Native Token listings. Doing so, it argued, would create favoritism in an ecosystem meant to remain neutral and diverse. “Picking winners and losers,” the post explained, would exceed the Foundation's mandate and potentially harm the ecosystem’s balance.

The Foundation also shed light on its governance activities, particularly since the launch of Cardano’s constitutional governance system earlier this year. It confirmed its dual role as a member of the Intersect Constitutional Committee (ICC) and as a Delegate Representative (DRep), currently holding a live stake of nearly ₳233 million across 331 delegators.

To address concerns about influence concentration, the Foundation shared that ₳140 million of its genesis ADA had been distributed among seven independent DReps focused on community development and innovation. It also referenced its contributions to educational materials, governance visual aids, and support for hard fork coordination as efforts to boost community engagement in decision-making.

The post also touched on past criticism regarding its leadership structure. It recounted the events of early 2021, when an external law firm was brought in by Swiss regulators to help reform the Foundation’s governance during what it called a “dysfunctional” period. That process, it said, involved interviews with outgoing board members and IOG leadership, leading to a new board president being unanimously elected—also supported by IOG’s own board representative.

Subsequent board appointments were similarly unanimous, and the previous board stepped down voluntarily. The Foundation reaffirmed its commitment to transparency, adoption, and resilience moving forward.

Cardano Foundation Responds to Hoskinson’s Criticism, Clarifies Its Role and Actions

The timing of the Foundation’s post follows a recent AMA from Charles Hoskinson on August 22, where he intensified long-standing tensions. In particular, he addressed the controversy surrounding the distribution of Midnight’s NIGHT token and defended the decision to restrict the airdrop, arguing that the team had every right to manage the distribution as they saw fit.

Hoskinson framed the Foundation’s objections as overreach, stating, “We built it. It’s my money. We can do whatever the hell we want,” and described the restrictions as risk mitigation, not exclusion.

During the AMA, Hoskinson also accused the Foundation of failing to adequately support the Cardano ecosystem and squandering key opportunities. These complaints echo his earlier calls—dating back to late 2024—to relocate the Foundation out of Switzerland and allow the community to elect its board members. He has frequently criticized the Swiss framework as limiting accountability to ADA holders.

The Foundation’s attempt to clarify its position hasn’t silenced all criticism. Forum responses reflect ongoing dissatisfaction from some community members, particularly regarding board representation and governance.

One user asked whether board elections could replace the current leadership and questioned whether Swiss authorities still held oversight. Another urged the Foundation to commit to a roadmap for democratic board elections, arguing the current board doesn’t reflect the community’s values or direction.

At the time of writing, Cardano’s ADA token was trading at $0.86.

Related Reading : https://www.topcoinindex.com/news/ripples-rlusd-just-crashed-aaves-horizon-rwa-party-and-defis-getting-serious

Ripple’s RLUSD Just Crashed Aave’s Horizon RWA Party And DeFi’s Getting Serious - Alright, here’s the scoop: Ripple isn’t messing around with DeFi anymore. They just slid their RLUSD stablecoin into Aave’s shiny new Horizon Real World Asset (RWA) market, and honestly, it’s kind of a big deal. We’re talking about letting real-world, tokenized stuff act as collateral. Not just another crypto ponzi actual assets you can point at. Suddenly, liquidity flows don’t look so, I dunno, imaginary. So, Aave officially pulled the wrapper off Horizon on Ethereum, and it’s basically the DeFi version of “bring your own assets.” People can earn some yield by parking their liquidity for institutions to borrow against. No more only speculating on dog coins now you can back up your bets with real-world juice. And RLUSD? Ripple’s calling it the MVP of the whole thing. It lets tokenized goods zip around DeFi markets, act as collateral, and still keep the compliance folks happy. When you deposit RLUSD, it drops into RWA-specific pools only for the big dogs (yeah, institutional borrowers, not you and your meme coins). It’s hanging out with the likes of USDC and Aave’s own GHO, so liquidity providers actually stand a chance to score some interest. Having RLUSD on Horizon isn’t just about pumping numbers. It’s about making capital work smarter, and not getting the SEC breathing down your neck. Ripple and Aave are clearly aiming to mash up old-school finance and blockchain, without creating a compliance dumpster fire. Aave’s also bragging that Horizon lets stablecoins move around without all the usual gatekeeping, so DeFi and TradFi (ugh, those terms) can finally start mingling. Banks and big players want in, but they’re not going to risk the handcuffs. This setup? It’s their ticket. Ripple’s RLUSD Just Crashed Aave’s Horizon RWA Party And DeFi’s Getting Serious Honestly, this is the kind of thing that gets the suits at banks and asset firms paying attention. With regulators (like the OCC) finally giving a tiny thumbs up to bank-stablecoin partnerships, there’s a real chance for institutions to start lending and borrowing with tokenized assets without breaking the rules. Retail folks aren’t totally left out either; they can still get a piece of the action through liquidity pools, even if they’re not running a hedge fund out of grandma’s basement. Here’s a fun stat: In Japan, Ripple minted $24 million worth of RLUSD in just one week. People want stable, tokenized assets, and they want ‘em now. Everyone’s betting that real-world assets on-chain are the next big wave (move over, NFTs), and yeah, some analysts are tossing around trillion-dollar predictions. By plugging RLUSD into Aave’s Horizon, Ripple’s basically trying to plant its flag as the bridge between old money and new rails. Let’s be real: DeFi used to be like the Wild West risky, experimental, and not exactly “mom-approved.” With this Ripple/Aave collab, we’re seeing the space get a little more mature (but not boring, thankfully). RLUSD in Horizon could be the start of something massive, with both Ripple and Aave flexing as leaders in the stampede toward actual, institutional-grade decentralized finance. Buckle up. Related Reading : https://www.topcoinindex.com/news/shiba-inus-still-got-fight-and-bitcoins-getting-scooped-up-on-the-cheap