Coinflux could drop below $0.20 after its 14% rally last week; Check forecast

Key takeaways

  • CFX is down 2% in the last 24 hours and risks dropping below $0.20 soon.
  • The coin rallied to a high of $0.27 last week amid growing adoption buzz in China.

CFX dips 2% after outperforming the market

CFX, the native coin of the Coinflux blockchain, is underperforming despite the broader crypto market rallying over the last few hours. The coin has lost nearly 2% of its value in the last 24 hours and risks dropping below $0.20 soon.

This poor performance comes after the coin rallied by 14% last week, hitting a high of $0.27. Its rally comes as analysts predict the coin’s adoption in China as the country warms up to stablecoins.

Reports suggest that Conflux is prepping an offshore-yuan stablecoin, which could make it one of the first stablecoin projects in China. The buzz contributed to CFX adding over 190% to its value over the last 30days.

While CFX has performed excellently over the last few weeks, the coin is still 87% down from the all-time high of $1.70 it achieved four years ago. 

CFX could drop below $0.20 soon

The CFX/USD 4-hour chart is bullish and efficient, as CFX has been performing excellently over the last few weeks. However, the coin could undergo further correction before rallying higher.

The technical indicators remain bullish, suggesting that buyers are in control. The RSI of 52 shows a fading bullish momentum, while the MACD lines are also approaching the neutral zone.

CFX/USD 4H Chart

At press time, CFX is trading at $0.2097. If the correction persists, CFX could retest the Inducement Liquidity (ILQ) at $0.159 in the coming hours or days. Failure to defend this level could see CFX drop to the major support level at $0.102.

However, the CFX/USD pair is bullish and could resume its rally soon. If the bullish momentum returns, CFX could take out last week’s high of $0.2789 before hitting the $0.30 mark for the first time since April 2024.

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Ethereum price prediction: Ether rebounds above $3,500, targets $3,900

Key takeaways

  • Ether dropped below the $3,400 level over the weekend as the broader market underperformed.
  • The coin is now trading above $3,500 and could rally towards the $3,700 level soon.

Ether rebounds from the weekend’s sell-off

Ether, similar to the broader cryptocurrency market, underperformed last week. The second-largest cryptocurrency by market cap lost 8% of its value over the last seven days and hit a low of $3,359 on Saturday.

The poor performance was caused by several macroeconomic factors. The Federal Reserve kept interest rates the same while the Fed Chair suggested that there is no certainty over a September rate cut.

The Nonfarm Payroll also came out poorly, indicating that the US economy was growing at a much slower rate than expected. Finally, the market reacted negatively amid new tariff discussions.

The macroeconomic factors saw over $200 million in outflow for Ethereum ETFs, resulting in Ether dropping below the $3,400 mark. 

However, the market is currently in a correction and could surge higher if conditions remain positive. 

ETH targets the $3,700 resistance level

The ETH/USD 4-hour chart is bearish and efficient after Ethereum price closed below its daily support level of $3,730 over the weekend. The recovery above $3,500 shows that Ether found support around its 78.6% Fibonacci retracement level at $3,392. At the time of writing, it continues its recovery, trading above $3,500.

The technical indicators are currently rebounding from the weekend’s low. The RSI on the 4-hour chart reads 49 after bouncing off the neutral level of 50 on Saturday and points upwards, indicating bullish momentum gaining traction. The MACD lines are also set to cross into bullish territory soon. 

If ETH continues its recovery, it could extend the rally and reclaim the $3,730 resistance point. An extended bullish movement would allow Ether to surge towards the monthly high of $3,931. 

On the other hand, if ETH faces a correction, it could dip further and retest the key support at $3,170. The support level around $3,300 is currently being protected by the bulls.

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Bitcoin Penguins presale ignites frenzy as meme culture collides with BTC power

  • $BPENGU launches 15-stage presale, blending Bitcoin’s brand with meme token energy.
  • Early buyers could gain 75% pre-launch, with price rising every 48-hour presale round.
  • Targeting $2 by Nov 2025, BPENGU aims for $1B market cap like PENGU’s past success.

As August begins, the memecoin market is exhibiting early signs of a bullish rebound.

As memecoins continue to show strength, a new memecoin is getting ready to take the stage.

Bitcoin Penguins ($BPENGU) is crashing onto the crypto scene with a 15-stage, 30-day presale that blends the relentless meme mania of Pudgy Penguins with Bitcoin’s unmatched brand of financial gravity.

As altcoin season is roaring back to life, BPENGU offers both emotional spark and real investment firepower.

What makes Bitcoin Penguins so special?

Bitcoin Penguins combine the viral charm of Pudgy Penguins met the financial clout of Bitcoin.

A meme token built not on Ethereum like its pudgy predecessor, but on Bitcoin’s cultural and market foundation.

It’s cute meets cash, meme meets money.

The project takes the most explosive forces in crypto—Bitcoin’s digital gold narrative and penguin-driven meme energy—and unites them into one meme-token rocket.

And the presale mechanics are built to reward the early believers: 15 stages, with prices rising 5% at each phase.

Bitcoin Penguins is engineered for this moment: altcoin appetite is surging, Bitcoin is consolidating after record highs in July, and the market is once again hungry for the next meta.

Three memecoins in particular are gaining momentum.

FLOKI has reclaimed a key support level, PUMP appears to be reversing its recent downtrend, and MEW is approaching a potential breakout point.

The memecoin strength will galvanize projects like BPENGU which provides investors huge upside.

Penguins are dominating crypto’s cultural conversation—and BPENGU is the natural evolution of that trend.

Bitcoin Penguins’ strong presale

If you missed PENGU’s 277% run in the last 90 days, this might be your second chance.

Bitcoin Penguins isn’t just a token; it’s the embodiment of a new meme era.

$BPENGU has already raised $1.88 million in its presale so far.

Presale demand already reflects this: each BPENGU stage is set to last just 48 hours, and token prices rise every round.

That means urgency isn’t a gimmick—it’s baked into the economics.

Early buyers at $0.00100 in Stage 1 could lock in a 75% gain by Stage 15, even before listing.

This is a memecoin with a macro tailwind and a presale structure that rewards conviction.

An investment opportunity with meme momentum

Presale buyers not only stand to gain 75% by launch but could 1000x their investment if BPENGU hits its target price of $2 by November 2025—a trajectory that would push its market cap past $1 billion, just like PENGU did in October.

And it’s not just hype: the listing is already confirmed on September 2, with a 72-hour window post-presale.

The roadmap includes weekly BTC competitions, partnerships, and a marketing push designed to sustain momentum through launch and beyond.

In a world where penguin tokens are outperforming and Bitcoin’s narrative remains dominant, Bitcoin Penguins could be the perfect storm—memetic enough to go viral, grounded enough to go the distance.

Don’t just watch the waddle—join it. The presale is live, the price is rising, and the next great crypto meme is here.

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Best meme coins to buy in 2025: don’t miss BPENGU’s 1000x potential

  • BPENGU presale begins with 15 stages and 75% gains for early buyers before Sept 2 listing.
  • Merging Bitcoin’s strength with meme coin flair, BPENGU targets $2 by Nov 2025.
  • SEC’s ‘Project Crypto’ lifts market mood as BPENGU rides the altcoin wave with penguin-powered hype.

Confidence is returning to the crypto market after a major regulatory breakthrough in the US, as the SEC rolls out ‘Project Crypto,’ a new initiative focused on encouraging innovation while ensuring investor protection.

The development is being hailed as a foundational step toward long-term stability and institutional adoption in the digital asset space.

While major altcoins are gaining momentum, one altcoin presale is quietly capturing investor interest by combining meme culture with Bitcoin’s resilience, Bitcoin Penguins (BPENGU).

BPENGU brings a fresh twist to the meme coin space by merging Bitcoin’s digital gold narrative with the irresistible charm of on-brand NFTs.

Launching its presale on July 28, 2025, with a confirmed listing on September 2, this time-limited 30-day presale offers a rare window for investors to get in early before the $10 million hard cap is reached.

Presale gains, penguin power

Bitcoin Penguins is not just another altcoin; it’s a bold evolution in memecoin culture.

Taking inspiration from the viral success of Pudgy Penguins (PENGU), which soared over 580% in recent months, BPENGU blends that viral momentum with Bitcoin’s legendary status.

The presale’s smartly designed 15-stage structure offers a 5% price increase every two days, ensuring early backers enjoy substantial potential gains, over 75% in the presale alone if purchasing at Stage 1.

This solid community spirit underpins BPENGU’s ambition to become the next major player in the altcoin season, especially as market volatility makes investors seek projects with strong fundamentals and exciting upside.

Penguinomics 101: The BPENGU breakdown

Investor demand for BPENGU is surging, not just on hype, but on rock-solid fundamentals, reviving the entire meme-coin market with it.

The total supply of BPENGU tokens is finitely capped at 10 billion, with 55% available in the presale.

The tokenomics are carefully structured to reward early investors and encourage sustainable growth:

  • 55% for presale investors
  • 20% allocated to staking programs offering high APYs
  • 10% for liquidity pools, ensuring smooth trading
  • 5% reserved in cold storage vaults
  • 5% dedicated to NFT giveaways and airdrops
  • 2% allocated for charity initiatives
  • 3% for team and advisors, with vesting schedules to align interests

Investors purchasing BPENGU at the early presale stages have the potential to secure 75% gains before listing, with a roadmap aiming for a $2 target price by November 2025, implying an enormous 1000x upside from the presale stage 1 price.

This ambitious projection follows in the footsteps of Pudgy Penguins’ explosive growth and could position BPENGU as a long-term memetic and financial winner.

Before it slides higher…

After notable price drops in established cryptocurrencies driven by macroeconomic tensions and investor profit-taking, BPENGU’s presale offers a compelling opportunity for high-risk, high-reward investors looking for fresh alternatives in the altcoin season.

The 30-day presale closing August 27 or when raising $10 million (whichever comes first) introduces urgency, while the confirmed market listing shortly after on September 2 ensures tokens won’t remain illiquid for long.

With Bitcoin showing ongoing momentum and the altcoin season approaching, the timing couldn’t be better.

BPENGU’s unique selling proposition is its fusion of Bitcoin’s sturdy investment thesis with the memetic firepower of penguin culture, an altcoin narrative that resonates with today’s market appetite for novelty backed by solid tokenomics.

Join the waddle and secure your BPENGU before the price rises again.

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Ripple CTO addresses XRP debate as Kraken eyes $15 billion IPO

  • Powell flagged regulatory risks as main concern for XRP.
  • Kraken suspended XRP trading in the US due to legal pressure.
  • Kraken handles $1.3 billion in daily trading across 1,100 pairs.

Ripple’s Chief Technology Officer, David Schwartz, has weighed in on renewed speculation surrounding Jesse Powell, the co-founder of crypto exchange Kraken, as the firm prepares for an initial public offering (IPO).

The conversation was reignited by a casual poll Schwartz shared on X regarding Ripple’s potential IPO, which unexpectedly led to claims that Powell had “always hated XRP.”

Schwartz quickly intervened, dismissing the suggestion and providing context around Powell’s concerns, which he said were rooted in regulatory risk rather than personal bias.

The clarification arrives at a time when Kraken is aiming for a $15 billion valuation in its upcoming IPO.

XRP concerns linked to regulatory uncertainty

The XRP controversy resurfaced after one user on X revisited claims about Powell’s alleged dislike of the token.

Schwartz responded by saying that Powell did not hate XRP, but rather approached it with caution due to its regulatory grey area.

Powell had repeatedly raised concerns that if regulators eventually categorised XRP as a “security,” exchanges such as Kraken could face consequences despite having complied with existing laws at the time.

This regulatory uncertainty, Powell argued, created an “uneven risk” that forced exchanges to weigh potential compliance costs against trading opportunities.

His caution culminated in Kraken’s decision to suspend XRP trading for US customers, which Powell described as a business move rather than a personal stance.

Kraken’s decision to halt XRP trading in the US

Kraken’s suspension of XRP trading for US users was a direct result of regulatory pressure. Powell emphasised that the exchange acted to reduce exposure to potential enforcement actions.

The move aligned with similar actions taken by other major exchanges, which chose to delist or restrict XRP in response to concerns about its legal status.

By taking this step, Kraken aimed to protect itself from legal risks that could arise if regulators determined XRP to be a security.

The decision was framed as one made to safeguard the company’s long-term stability rather than an expression of hostility toward the token.

Debate resurfaces as Kraken targets IPO

The timing of the renewed discussion coincides with Kraken’s preparation for a possible IPO, during which it is reportedly seeking to raise $100 million.

The fundraising is aimed at securing a valuation of around $15 billion, positioning Kraken among the largest publicly listed crypto exchanges.

As the company returns to the spotlight, past controversies such as the XRP suspension have re-emerged, with online speculation drawing renewed attention.

Schwartz’s clarification on X sought to separate personal opinion from regulatory caution, stressing that Powell’s decisions were aligned with broader industry challenges rather than rooted in dislike of XRP.

Kraken maintains strong position in global trading

Despite the past suspension of XRP trading in the US, Kraken continues to be one of the most active exchanges worldwide. It reports over $1.3 billion in daily trading volume and offers more than 1,100 trading pairs.

Its prominence in the sector underscores its influence as it prepares for public listing, with regulatory compliance remaining a central theme in its growth strategy.

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