Cryptonews

On Wednesday, NFT Price Floor, the oracle of this pixelated realm, reported that Ethereum-based collections have driven the market to a dizzying new height. It’s a 40% increase from July, a rise that would make even the most stoic of economists break a smile (or perhaps sigh). Yes, my dear reader, the NFT market is booming. Ethereum, as usual, is the ringleader. With Ether recently poking its head above $4,000 and continuing to surge like a caffeinated rabbit, this digital beast now roams at a majestic $4,600, with a capitalization that’s eclipsed a cool $557 billion, according to CoinGecko.

The scant trading volume suggests our whales are sensing stormy weather-no real buying pressure pushing these giant creatures to stay. Bitcoin, currently confined to a narrow corridor, might suddenly lurch if the momentum sputters. Meanwhile, Ethereum is on its relentless jaunt, rising with the grace of a well-oiled actress-legs and all. But beware, the RSI whispers of a slowdown, like a doting critic pointing out flaws in the plot. The recent surge is less enthusiastic, hinting that the buyers might be running out of puff. What on earth could Machi be thinking, closing all longs just now? Quite the spectacle!

These chaps, sitting on a staggering 1.21 million Ether (ETH), valued at a jaw-dropping $5.6 billion, have sold 19,461 ETH at an average price of $4,532. So says the ever-watchful blockchain analytics platform Lookonchain, in a Wednesday post on X. Quite the kerfuffle, what?

Dogecoin (DOGE), the coin born of memes and mirth, has climbed 22% in the past week and 7.5% in the last 24 hours, trading at $0.24. Daily volume stands at $3.45 billion, a testament to the fervor of its followers. Analyst Trader Tardigrade, with the gravitas of a soothsayer, declares a bull flag breakout on the 4-hour chart, setting a target of $0.295. A flag, they say, formed by an advance from $0.20 to $0.24, followed by a consolidation that slopes downward like the hopes of a pessimist. Now, the price has broken above the upper channel, a technical omen of continued ascent. Support levels hover at $0.23 and $0.22, while resistance looms at $0.25. 📈🎢

On August 11, 2025, the Justice Department declared that U.S. and global law enforcement agencies, a veritable who’s who of the “good guys,” orchestrated a raid on BlackSuit in late July. The operation was led by the Department of Homeland Security, with the Secret Service, IRS, FBI, and police from the UK, Germany, Ireland, France, Canada, Ukraine, and Lithuania all lending a hand. What a noble endeavor! 🕵️♂️

This bright-eyed contender emerged in August 2020, eager to wrest the crown from the head of Uniswap, the reigning monarch of decentralized exchanges (DEX), a throne from which it had literally been snatched. Alas, what was expected to be a triumphant grapevine of blossoming fortunes has lately turned into a tale of mismanagement that would make even the most seasoned soap opera enthusiast shake their head.

According to our hero Yashasedu, Ethereum might be gearing up for another wild ride-especially if it starts acting like it did in past bull runs. Back in 2017 and 2021, ETH liked to hang out with 30-35% of Bitcoin’s value. Now, it’s like déjà vu with all signs pointing in that direction.

On a rather eventful Monday, FTX’s disgruntled customers filed a motion to amend their complaint against the law firm, claiming it was involved in the crypto exchange’s scandalous misdeeds before it took its fateful tumble. This action follows a previous complaint filed in June 2023, where they boldly stated that the firm might have exceeded its usual duties and, dare I say, could be guilty of conspiring in, aiding, and abetting none other than Bankman-Fried’s purported misdeeds. What a tangled web we weave, eh?

54% in a month? That’s more than my gym membership. 🏋️♂️

DOGE flexed its muscles with a 5.6% gain in the 23-hour period ending August 13, climbing from $0.225 to $0.233 in a wild $0.0198 range (8.8% volatility).

Morning trade established $0.220 as a firm support level, backed by a volume that was more than your average Netflix binge-watch at 387.7M. Price took off between 12:00-20:00, soaring from $0.221 to $0.238 before the evening resistance said, “Not today!”