The cryptocurrency market is showing mixed trading signals with Bitcoin (BTC) and Ripple (XRP) in the red, while Ethereum (ETH) is in positive 0 lost momentum after reaching an intraday high of $112,525 late on Wednesday as its breakout fizzled 1 flagship cryptocurrency is marginally down over the past 24 hours, trading around $110,434. Meanwhile, ETH failed to reclaim the $4,500 mark after reaching an intraday high of $4,483. The altcoin is up 1.36% over the past 24 hours, trading around $4,366. Ripple (XRP) is marginally up while Solana (SOL) has lost momentum over the past 24 2 altcoin is down nearly 1%, trading around $206.
Dogecoin (DOGE) is down 0.61% and Cardano (ADA) is down almost 2%, trading around 1.67%. Chainlink (LINK) , Stellar (XLM) , Hedera (HBAR) , Litecoin (LTC) , and Polkadot (DOT) also registered notable declines. However, Toncoin (TON) has bucked the bearish trend and is marginally 3 Liberty Financial Burns Tokens To Stem Price Drop World Liberty Financial, the Trump-family-backed crypto project, is burning its WLFI token in an attempt to arrest a price slide that began since the token’s launch on 4 from Lookonchain revealed that the project burned 47 million WLFI tokens on Wednesday, permanently removing them from the token 5 began trading on secondary markets on Monday, with early investors allowed to sell their 6 token’s value briefly crossed $0.330 but has continued declining 7 to data from CoinMarketCap, around 25% of WLFI’s original 100 billion supply has been 8 burn represents only 0.19% of the token’s circulating 9 project has also proposed a token buyback and burn program to shore up declining 10 Losses Hit $163 Million In August Hackers and scammers stole nearly $163 million from the crypto ecosystem in 11 ecosystem registered sixteen major attacks in August, with a social engineering attack against a Bitcoiner accounting for most of the 12 to blockchain security firm PeckShield, August’s losses are 15% higher than losses in July, which registered $142 million.
However, the losses are down year-on-year. “In August 2025, ~16 major crypto exploits were recorded, resulting in total losses of $163M—a 15% increase from July's $142M. Notably, @btcturk suffered its second major breach in just over a year, losing over $50M after a $54M hack in June 2024., bringing their total losses to over $100M.” According to cybersecurity experts, the August increase was driven by hackers shifting their attention to high-value targets and the substantial jump in crypto 13 has reported a notable strategic shift by hackers, who have started targeting centralized exchanges and high-value individual 14 incidents in August include an attack on a prominent Bitcoiner, who fell victim to a social engineering attack and lost 783 BTC worth $91 million in a single 15 other prominent incident was the hack of Turkish cryptocurrency exchange Btcturk, which saw almost $50 million in crypto stolen after one of its hot wallets was compromised.
However, PeckShield stated that the number of attacks has been trending downwards over the past few months. “Looking at the broader picture over the past 8 months, the total number of hacks has shown a decreasing 16 is positive news and suggests improvements in overall ecosystem security.” Hackers Find New Way To Deliver Malware Hackers have found a new way to deliver commands, links, and malicious software, hiding them in Ethereum smart contracts to evade security 17 researchers at ReversingLabs have found open-source malware on the Node Package Manager (NPM) package repository, a significant collection of JavaScript packages and 18 to the researchers, the malware uses a novel and creative technique for loading malware on compromised devices — smart contracts for the Ethereum blockchain.” Lucija Valentić, ReversingLabs researcher, explained in a blog post, “The two packages, ‘colortoolsv2’ and ‘mimelib2,’ published in July, “abused smart contracts to conceal malicious commands that installed downloader malware on compromised systems.” Malware targeting Ethereum smart contracts is not a new phenomenon, and has been used by the Lazarus Group earlier this year.
Valentić explained how the malware is different, stating, “What is new and different is the use of Ethereum smart contracts to host the URLs where malicious commands are located, downloading the second-stage malware. That’s something we haven’t seen previously, and it highlights the fast evolution of detection evasion strategies by malicious actors who are trolling open source repositories and developers.” Coinbase CEO Wants AI To Write More Code Coinbase CEO Brian Armstrong wants AI to write 50% of the platform’s code by October. Currently, 40% of the lines of code running Coinbase’s systems are written by 19 stated in a post on X, “Obviously, it needs to be reviewed and understood, and not all areas of the business can use AI-generated 20 we should be using it responsibly as much as we possibly can.” Armstrong also added that the percentage of AI-generated code on Coinbase has more than doubled since 21 Coinbase CEO’s comments come after the platform said it intends to transform its workforce into AI-Natives, indicating that it has no plans to replace a significant share of its workforce with AI anytime 22 rising integration of AI into the workforce has raised concerns about human workers being replaced by AI.
However, White House AI and Crypto Czar, David Sacks and researchers at PwC have played down such concerns, arguing that AI integration could help boost employee 23 view aligns with Coinbase’s approach, with the company’s engineers using AI-powered coding tools like Copilot, Claude Code, and Cursor to complete their tasks. “This has enabled profound success stories that weren’t possible 12 months ago, like single engineers refactoring, upgrading, or building new codebases in days instead of months.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) has returned to bearish territory during the ongoing session, down nearly 1%, trading around $110,650.
The flagship cryptocurrency made a strong recovery this week, rising 0.92% on 24 sentiment intensified on Tuesday as BTC rose nearly 2% on Monday to cross $111,000 and settle at $111,247. Buyers retained control on Wednesday despite volatility as BTC rose 0.46% to $111,756. However, it failed to stay above $112,000, losing momentum after reaching an intraday high of $112,600. However, BTC’s push to an intraday high of $112,600 on Wednesday punished short 25 flagship cryptocurrency must reclaim the $112,000 level for a move to $115,000 to 26 trader BitBull flagged BTC’s recent low of $107,250, calling the push upwards from this level a classic bounce at 27 to the trader, such a move indicated that bulls are still in control.
“BTC perfectly bounced back from its bull market support 28 is a sign that bulls are still in 29 if BTC loses this level, it could go into a brief consolidation for weeks.” Meanwhile, QCP Capital believes the odds are in favor of BTC moving 30 analysts cited the possibility of two rate cuts and gold beating record highs to support their analysis. “Two cuts this year look reasonable, but keep an eye on breakevens, as new tariffs could push expectations 31 policy uncertainty lingering, a softer US dollar is more likely so long as global growth holds 32 and BTC remain straightforward hedges in this backdrop.” BTC registered a sharp drop on Sunday (August 24), falling to an intraday low of $110,635 before settling at $113,478.
Bearish sentiment intensified on Monday as the price fell nearly 3% and settled at $110,127. BTC faced volatility on Tuesday as buyers and sellers struggled to establish 33 ultimately gained the upper hand as the price rose 1.51% to $111,788. BTC was back in the red on Wednesday, dropping 0.48% and settling at $111,253. It recovered on Thursday, rising 1.19% to reach an intraday high of $113,480 before settling at $112,574.
Bearish sentiment returned on Friday as BTC fell nearly 4%, losing the crucial $110,000 level and settling at $18,378.) Price Analysis Ethereum (ETH) price action remains muted, falling 1.51% during the ongoing 34 altcoin has struggled to reclaim $4,500 and was rejected from $4,492 on 35 started the week in the red, dropping 1.79% on Monday before registering a marginal increase on 36 seized control on Wednesday as the price rose almost 3% to $4,453 before losing momentum during the ongoing 37 world’s second-largest cryptocurrency faces a difficult September as analysts predict volatility and profit-taking could hinder upward 38 has traded in a narrow range this week as it struggles to reclaim $4,500.
However, bulls have not ceded much ground to sellers, indicating the possibility of a rebound from support 39 price action may be muted, institutions are continuing to accumulate the asset. Ethereum’s ETH staking queue has raced to its highest level since 2023 as institutional traders and crypto treasury firms target rewards for their 40 Ethereum staking queue reached its highest level since September 2023 on Tuesday. On-chain data showed 860,369 ETH, valued at $3.7 billion, waiting to be 41 protocol Everstake noted, “Honestly, this is pretty striking, because we haven’t seen queues of this size since 2023 when the Shanghai upgrade enabled 42 people trust Ethereum’s long-term value and want to participate in securing it.” ETH registered a sharp drop on Monday (August 25), dropping over 8% to $4,380.
It recovered on Tuesday, rising over 5% to reclaim $4,600 and settle at $4,603. However, selling pressure returned on Wednesday as the price fell by over 2% to $4,509. ETH registered a marginal increase on Thursday before dropping over 3% on Friday and settling at $4,362. Price action remained positive over the weekend as ETH registered marginal increases on Saturday and Sunday, settling at $4,394.) Price Analysis Solana’s (SOL) rally stalled around the $210 mark, with the price down 1.35% during the ongoing 43 altcoin had registered a strong rebound this week despite starting with a drop of almost 2%.
The price rebounded on Tuesday, rising over 6% to reclaim $200 and settle at $209. SOL continued pushing higher on Wednesday, rising 0.61% before dropping during the ongoing 44 has regularly outperformed its peers, and analysts believe it could reach $1,000 if it breaks past $250-$300. According to analysts, the altcoin’s performance has painted a bullish megaphone pattern on the weekly chart, which could push it towards $1,000 or higher. A megaphone or broadening wedge pattern forms when the price creates a series of higher highs and lower lows.
A breakout above the pattern's upper boundary could trigger a parabolic price 45 bullish pattern will be confirmed if SOL breaks above the $300-$350 46 to crypto analyst Gally Sama, Solana’s weekly chart shows a multi-month bullish setup. “Solana's weekly chart shows a multi-month base followed by a multi-month 47 setup leads to strong 48 remains $1000 for SOL once we break out of this range.” SOL ended the previous weekend in positive territory, rising 1.73% on Saturday and 0.93% on Sunday to settle at $206. Despite the positive sentiment, SOL registered a sharp drop on Monday, falling over 9% from $200 to $187. SOL recovered on Tuesday, rising nearly 5% and settling at $195.
Bullish sentiment persisted on Wednesday as the price surged to an intraday high of $212 before losing momentum and settling at $203, ultimately rising 3.62%. SOL continued pushing higher on Thursday, rising nearly 6% to $214. Despite the positive sentiment, the price was back in the red on Friday, dropping over 4% to $205.) Price Analysis Injective (INJ) registered a substantial drop on Monday (August 25), falling nearly 11% to $12.82. Despite the overwhelming selling pressure, it rebounded on Tuesday, rising over 5% to cross $13 and settling at $13.50.
The price fell back on Wednesday, dropping 1.48% to $13.30. However, it recovered on Thursday, rising almost 6% to cross $14 and settle at $14.06. Selling pressure returned on Friday as INJ fell nearly 8% and settled at $12.97.) Price Analysis Bittensor (TAO) plunged over 11% on Monday (August 25) and settled at $321 as selling pressure 49 price rebounded on Tuesday, surging to an intraday high of $351 before settling at $335, ultimately rising over 4%. Despite the positive sentiment, TAO lost momentum on Wednesday, falling 1.33% to $330.
It recovered on Thursday, rising 1.62%, but fell back in the red on Friday, dropping 4.56% to $320.
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