Monat: August 2025

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US spot Bitcoin, Ethereum ETFs return to inflows after sharp selloff

  • US spot bitcoin exchange-traded funds (ETFs) recorded net inflows on Wednesday.
  • Spot Ethereum ETFs also rebounded, attracting $35.12 million in net inflows on Wednesday.
  • Bitcoin has been trading in a narrow band between $114,000 and $115,000 in recent days.

US spot bitcoin exchange-traded funds (ETFs) recorded net inflows on Wednesday, halting a four-day streak of outflows that saw $1.45 billion pulled from the market.

According to data from SoSoValue, the funds posted a combined net inflow of $91.5 million.

BlackRock’s iShares Bitcoin Trust (IBIT) led the recovery with $42 million in inflows.

Bitwise’s BITB followed with $26.35 million, while Grayscale’s GBTC saw $14.5 million enter the fund. ETFs from Fidelity and VanEck also posted positive flows.

The only fund to register outflows was the ARKB ETF from Ark and 21Shares, which saw $5.37 million in net redemptions.

The return to net inflows follows a volatile stretch driven by weak US macroeconomic data and a broader pullback in risk assets, prompting profit-taking among crypto investors.

Bitcoin has been trading in a narrow band between $114,000 and $115,000 in recent days.

Ethereum ETFs also regain momentum

Spot Ethereum ETFs also rebounded, attracting $35.12 million in net inflows on Wednesday.

The ETFs had seen inflows of around $73 million on Tuesday.

The recovery comes after Ethereum ETFs suffered two consecutive days of redemptions, which drained $617 million from the nine spot funds.

BlackRock’s ETHA brought in $33.39 million, while Grayscale’s ETHE saw $10 million in new money.

However, Grayscale’s Mini Ethereum Trust reported net outflows of $8.67 million.

On Tuesday alone, US spot Bitcoin ETFs saw over $333 million in outflows, while Ethereum ETFs lost $465 million—their largest daily outflow to date.

Market reaction driven by sentiment

Ted Pillows, a crypto investor, described the market reaction as “PTSD from 2017 and 2021,” attributing much of the recent volatility to emotional trading decisions by retail participants.

According to Pillows, the 60% retail composition of the ETF investor base makes profit-taking more reflexive than strategic.

Despite the recent drawdown, analysts maintain that the underlying fundamentals of Bitcoin and Ethereum remain intact.

The shift back into net inflows could be an early indication that institutional investors are regaining confidence, even as macroeconomic uncertainty persists.

With volatility remaining elevated and economic indicators mixed, ETF flows are likely to remain a key barometer of sentiment in the crypto market in the near term.

The post US spot Bitcoin, Ethereum ETFs return to inflows after sharp selloff appeared first on CoinJournal.

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Polygon price prediction: POL eyes $0.265 after a 5% rally

Key takeaways

  • POL is one of the best performers in the top 50, up by more than 5% in the last 24 hours.
  • The coin could rally towards the $0.265 resistance level if momentum continues.

Polygon’s POL outperforms the market, hits $0.23

POL, the native coin of the Polygon ecosystem, is one of the best performers among the top 50 cryptocurrencies by market cap. The coin added more than 5% to its value over the last 24 hours and now trades above $0.23 per coin.

There is no catalyst behind POL’s rally as it is responding to a market-wide recovery. The crypto market has been bearish since the start of the week but seems to have turned a corner after recording positive gains over the last 24 hours.

Bitcoin has recaptured the $115k level while Ether is eyeing the $3,730 resistance zone once again. XRP is also trading around $3 while other major altcoins are also in the green. 

POL has lost its place as one of the top 20 cryptocurrencies by market cap and now occupies the 41st spot in the market. Despite that, Polygon remains one of the leading projects in the crypto space.

POL eyes the $0.265 high

The POL/USD 4-hour chart is bullish but inefficient, suggesting a downward movement to grab liquidity before surging higher. The inefficiency lies around $0.22, and POL could drop to this point in the coming hours before resuming its rally.

The technical indicators are bullish, suggesting that buyers are currently in control of the market. The RSI of 68 shows a buying pressure. However, it is not yet in the overbought region, indicating that POL’s price could surge higher. The MACD lines are also within the positive territory, indicating a bullish bias.

POL/USD 4H Chart

If the rally continues, POL could rally towards July’s high of $0.265 over the next few hours. An extended bullish run would allow POL to target the $0.30 level for the first time since March.

However, the market could face a correction and test lower support zones. If that happens, POL could retest the strong support and TLQ at $0.2086.

The post Polygon price prediction: POL eyes $0.265 after a 5% rally appeared first on CoinJournal.

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BTC hovers at $115K; ETF flows turn negative, short-term holder profitability drops

  • Bitcoin (BTC) is trading in a low-liquidity “air gap” between $110K and $116K, according to Glassnode.
  • The market is “re-finding its footing” after a post-all-time-high correction amidst low volume and weak conviction.
  • Spot Bitcoin ETF flows recently turned negative, with a 1,500 BTC outflow marking the largest since April.

Bitcoin is treading water around the $115,000 mark on Thursday morning in Asia, up a modest 1% over the last 24 hours, as the inevitable correction following its recent all-time high continues to unfold amidst low trading volumes and a clear lack of market conviction.

Analysts are now closely watching a low-liquidity zone that could either serve as a new foundation for the next leg up or become a trapdoor for a deeper price drop.

According to on-chain analytics firm Glassnode, Bitcoin has entered what it describes as an “air gap”—a low-liquidity zone between $110,000 and $116,000.

This has occurred after the price broke down from a major supply cluster where short-term holders had previously found significant support. These “air gaps” are areas that typically see very little historical trading activity.

They can either provide an opportunity for new buyers to accumulate positions and build a strong base, or, if demand fails to materialize, they can lead to sharp and swift moves to the downside.

“The market is effectively re-finding its footing,” the Glassnode analysts wrote, framing the range between $110,000 (the prior all-time high) and and 116,000 (the cost basis for recent buyers ) as the new critical battleground.

They noted that while some opportunistic buying has emerged on there cent dip, with approximately 120,000 BTC acquired by new buyers, the price has yet to reclaim key resistance levels convincingly.

A particularly important threshold is the 116,9K level, which marks the entry point for many recent short-term holders.

Cooling sentiment: ETF outflows and reduced leverage

Several indicators point to a cooling of the bullish fervor that recently propelled Bitcoin to its record highs. Short-term holder profitability has dropped from a peak of 100% down to 70%.

While Glassnode frames this as a typical development for a bull market’s mid-phase, they caution that without a fresh wave of capital inflows, this could quickly erode market sentiment.

Indeed, spot Bitcoin ETF flows have recently turned negative, with a 1,500 BTC outflow recorded earlier this week—the largest single-day outflow since April.

At the same time, funding rates in the derivatives market have cooled significantly, a sign of reduced leverage and a more cautious stance among speculative traders.

Market maker Enflux offered a similar take on the current environment. “Crypto markets remain in a fragile holding pattern. Despite some relief in the altcoin space, majors like BTC and ETH are still struggling to inspire confidence,” the firm wrote in a recent client note.

“The broader trend? Heavy legs with more or less light volume.” Enflux concluded, “Until BTC and ETH reclaim strength with volume, the path of least resistance could remain sideways to down.”

The market’s next significant move now likely hinges on whether a new cohort of buyers is willing to step in and build a solid support base within this low-volume “air gap,” or whether another flush down towards the $110,000 level is needed to fully reset the trend.

For now, traders remain cautious, and the bulls are yet to prove they have regained control.

Broader market snapshot

  • BTC: While the market navigates this “air gap,” some observers are pointing to a potential, longer-term Bitcoin supply shock.

  • This is being driven by reportedly drying up reserves on Over-The-Counter (OTC) desks and steady corporate accumulation, a combination that could “uncork” a major price move after a potential dip below $110,000.

  • ETH: Ethereum (ETH) is up 2% in the last 24 hours, trading just below the $3,600 mark. The CoinDesk 20 Index, which tracks a broad basket of crypto assets, gained 1.69% to 3,815.22.

  • Gold: Gold’s recent rally stalled on Wednesday as traders took profits. The market is currently weighing rising odds of a Federal Reserve rate cut against ongoing U.S. trade tensions and a looming Fed leadership shakeup.

  • This has left prices flat after a three-day gain that was driven by signs of economic weakness. Spot gold last traded at $3,372.11, down 0.24% on the day.

The post BTC hovers at $115K; ETF flows turn negative, short-term holder profitability drops appeared first on CoinJournal.

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PUMP token skyrockets as Pump.fun buys in and backs community favorites

  • PUMP token surges 30% as whales and Pump.fun buy in.
  • TROLL hits ATH after gaining CTO status on Pump.fun.
  • Big community token update teased by Pump.fun founder.

Pump.fun’s native token, PUMP, is making headlines again after a remarkable rebound driven by massive whale accumulation, aggressive buybacks, and a bold shift in platform strategy.

Over the past week, PUMP token has surged by 30%, to around $0.00338 at press time, with a daily trading volume exceeding $390 million.

This sharp rise has placed it among the top-performing tokens despite a mostly stagnant broader market.

Whales and buybacks driving the sharp turnaround

After suffering a significant drop post-ICO, PUMP coin is now clawing its way back with renewed strength.

Traders who were previously cautious are now taking notice, especially as whales enter the scene in a big way.

This week, blockchain activity revealed that a major wallet scooped up over 1.06 billion PUMP tokens, amounting to $3.3 million.

This same wallet also opened a leveraged long position with nearly 600 million tokens, signaling a strong belief in the token’s upward potential.

In parallel, Pump.fun itself is pouring resources back into its ecosystem.

According to on-chain data, the platform has bought back PUMP tokens worth over 144,800 SOL to date.

What’s remarkable is that this amount exceeds the platform’s revenue during that period, suggesting a reinvestment rate of more than 102%.

This aggressive buyback has fueled both price action and sentiment.

Pump.fun’s focus on community tokens

While market forces are driving price, strategic changes at Pump.fun are shaping its future.

The platform is moving away from simply generating thousands of meme tokens and toward supporting curated, community-led projects.

At the center of this pivot is a new category called CTO tokens, or Community Takeover Tokens.

These projects receive special recognition, better visibility, and in some cases, a share of platform revenues.

This level of support has enabled some previously underperforming tokens to make a comeback and, in some cases, reach all-time highs.

The most notable example is TROLL, a meme coin that exploded in value after receiving CTO status.

Starting from just $0.02, TROLL rallied to $0.17 following Pump.fun’s endorsement.

TROLL is now the third-largest token on the platform, with a $220 million market cap, closing in on PNUT.

Whale interest in TROLL is also notable, with one top trader reportedly locking in $1.3 million in gains.

Pump.fun founder teases major ecosystem reveal

Alon Cohen, co-founder of Pump.fun, hinted at an upcoming announcement that could further reward community participation.

In a recent post, Cohen promised a “huge announcement coming for organic community coins in the Pump.fun ecosystem this week.”

Though specifics remain unclear, speculation is swirling that the update could introduce incentives tied to trading volume or community engagement.

Given the platform’s recent performance and growing interest from large holders, such an update could further amplify activity.

Notably, Pump.fun has already recovered its dominance in new token launches. Within 24 hours, it created over 15,000 tokens, outpacing rivals like LetsBonk.fun and Bags Tokens.

However, the focus now is clearly on depth over breadth, as the platform prioritizes sustainable, community-fueled growth.

Watching for the next PUMP token breakout

As of now, PUMP token is still far below its all-time high of $0.01214, which it reached just three weeks ago.

However, with increasing buy pressure, visible whale activity, and an evolving ecosystem, many analysts are predicting a potential retest of previous highs.

Influencers like Ran Neuner have already weighed in, stating confidently that “$PUMP is going back above $0.006. Simple.”

Despite early backers continuing to sell, sometimes even at a loss, the current trend suggests that a new wave of buyers is entering the market with conviction.

The shift to supporting community tokens, paired with aggressive buybacks and upcoming incentives, could make this more than just a temporary pump.

As traders wait for the promised announcement, the combination of strong fundamentals, rising interest, and active platform management positions PUMP token as one of the most closely watched tokens in the current cycle.

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OM price is down 96%, will the MANTRA, Inveniam partnership help?

  • OM down 96% as MANTRA gains $20M backing from Inveniam.
  • MANTRA targets RWA growth with UAE regulatory support.
  • Key updates expected during August 7 community call.

The OM token, native to the MANTRA blockchain ecosystem, has experienced a massive decline of over 96% from its all-time high of $8.99 recorded in February 2025.

As investor confidence waivers, many are now turning their attention to a high-profile strategic partnership between MANTRA and Inveniam, which promises to inject both capital and credibility into the project.

But can this collaboration truly revive the token’s fortunes and reignite momentum in its ecosystem?

Big money backing meets regulatory clarity

MANTRA recently secured a $20 million strategic investment from Inveniam Capital Partners, a leading force in decentralized data infrastructure for private market assets.

This is not just a financial endorsement. It is also a vote of confidence in MANTRA’s vision to become the go-to Layer-1 blockchain for tokenizing real-world assets (RWAs).

Inveniam plans to integrate its advanced data operations and AI Agent Suite into MANTRA’s infrastructure.

This move is expected to enhance the security, transparency, and scalability of RWA tokenization across global markets.

Moreover, the partnership arrives at a time when the RWA market is forecasted to grow at a staggering 75% compound annual growth rate, rising from $275 billion today to nearly $19 trillion by 2033.

According to Inveniam’s CEO, Patrick O’Meara, MANTRA stood out among many projects for its regulatory readiness and long-term vision.

His team believes that the collaboration will unlock new levels of institutional engagement and push MANTRA closer to becoming the backbone of compliant digital asset markets.

UAE becomes ground zero for tokenized finance

A crucial component of the partnership is its deep regional integration in the United Arab Emirates.

MANTRA’s subsidiary, MANTRA Finance FZE, holds a license from Dubai’s Virtual Asset Regulatory Authority (VARA), enabling it to operate as a digital asset exchange and broker-dealer.

Meanwhile, Inveniam has established a presence in Abu Dhabi’s Global Market (ADGM), backed by a strategic partnership with G42, one of the region’s most influential data and AI players.

This positioning provides MANTRA with a regulatory and operational foundation to launch tokenized private assets at scale.

By combining Inveniam’s data trust framework with MANTRA’s MultiVM blockchain technology, both companies are looking to deliver a comprehensive market stack for RWAs.

MANTRA’s rebranded ecosystem vision begins to take shape

MANTRA’s rebranded ecosystem, now called the OMniverse, is designed to support both institutional and retail use cases.

It is structured around four pillars: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO.

Each pillar plays a specific role, from yield generation and decentralized governance to cross-chain application development and DeFi integrations.

The OM token remains at the center of this ecosystem. It enables governance, supports staking, and incentivizes long-term participation.

Currently priced at $0.2758, OM has shown recent signs of recovery, with a 10.4% gain in the past 24 hours.

However, technical analysis suggests the token must hold above $0.2523 to retain upward momentum.

A breakout past the $0.3690 resistance level could open the door to higher price targets at $0.5397 and $0.6533.

On the downside, failure to maintain support at $0.2523 could send OM tumbling toward $0.1363.

In the short-term, anticipation is building with all eyes on MANTRA’s upcoming community call scheduled for August 7 at 13:00 UTC on YouTube.

During the community call, Mantra CEO is expected to outline the impact of the Inveniam partnership, unveil progress on the MultiVM Layer-1 blockchain, and provide insight into upcoming developments.

The call could prove pivotal, as traders, investors, and ecosystem participants look for signals that MANTRA is not just surviving the market downturn, but preparing to lead the next wave of RWA innovation.

With new capital, clear regulatory pathways, and a growing pipeline of institutional-grade infrastructure, MANTRA may be positioning itself for a much-needed turnaround.

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