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Bitcoin’s Rally Isn’t Over: 3 Bullish Metrics Confirm August Momentum
Bitcoin’s Rally Isn’t Over: 3 Bullish Metrics Confirm August Momentum

Analysts point to three rare metrics — low futures-to-spot ratio, surging BTC dominance in CEX volume, and bullish taker activity — as signs Bitcoin Season is only just beginning in August 2025, despite prices already above $120,000.

BeInCrypto·2025/08/11 06:44
XRP’s Bullish Pattern Meets Profit-Hungry Sellers—Will the Price Hold?
XRP’s Bullish Pattern Meets Profit-Hungry Sellers—Will the Price Hold?

XRP price is riding a bullish chart pattern, yet on-chain data shows profit-taking may already be in play. Rising exchange reserves and shrinking short-term holder groups could test the rally’s strength.

BeInCrypto·2025/08/11 06:30
Flash
  • 01:02
    Hyperliquid founder clarifies that the platform prioritizing protocol revenue is FUD; the ADL mechanism has generated hundreds of millions of dollars in net profit for users
    ChainCatcher news, Hyperliquid founder Jeff stated in a post that the rumors about the platform "prioritizing protocol revenue" are pure FUD. He pointed out that the automatic deleveraging (ADL) events have actually brought users net gains of hundreds of millions of dollars; if a backstop liquidation mechanism were adopted, the platform's HLP could indeed gain more profit, but the risk would be much higher. Jeff emphasized that the ADL mechanism is designed to transfer potential profits to users and reduce system risk, achieving a "win-win" situation. He added that Hyperliquid's ADL queue logic is similar to that of mainstream centralized exchanges, calculated based on leverage multiples and unrealized PnL. Although the team is currently researching more complex algorithms, they believe that "keeping the mechanism simple, robust, and easy to understand" is the better solution.
  • 00:49
    Trader: Investors Should Beware of RVV Project Team’s Suspected Ongoing Sale of Locked Tokens
    According to ChainCatcher, trader "Hanbalongwang" posted a reminder that the RVV project team appears to be continuously selling locked tokens. Previously, the top address was a locked multi-signature wallet, but there have now been outgoing transactions. This KOL stated that although some in the market are still betting that a certain exchange may intervene to handle the incident, on-chain data shows that the project team still controls about 80% of the tokens and continues to transfer them out, posing extremely high risk.
  • 00:42
    Parhelion CEO plans to build a Prometheus statue on Alcatraz Island, taller than the Statue of Liberty.
    Jinse Finance reported that Ross Calvin, founder and CEO of mining company Parhelion, has proposed building a "Great Colossus of Prometheus" statue on Alcatraz Island in the San Francisco Bay Area, with a height of approximately 450 feet (about 137 meters) and a total estimated investment of around $450 million. If constructed, the statue would surpass the height of the Statue of Liberty (about 305 feet from base to torch), making it a new landmark in the San Francisco Bay Area. To advance this project, federal government approval is required to reclassify Alcatraz Island from a national park to a national monument, as well as to obtain relevant planning and construction permits.
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