#trending cryptos

New Post has been published on https://primorcoin.com/walmart-is-seeking-a-crypto-product-lead-the-dogecoin-foundation-is-active-again-after-a-long-break-coinbase-has-amassed-a-4-billion-cash-backed-war-chest-holders-digest-aug-15-21/

Walmart is seeking a crypto product lead, the Dogecoin Foundation is active again after a long break, Coinbase has amassed a $4 billion cash-backed war chest: Holder’s Digest, Aug. 15-21

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

Walmart seeks crypto product lead to drive digital currency strategy

On Aug. 16, it was reported that U.S. retail giant Walmart was seeking out an experienced crypto expert who can develop and drive a digital currency strategy and product roadmap for the firm.

According to the job listing, Walmart is looking for someone with a track record of leading and scaling businesses. They also want at least 10 years of experience in product/program management and tech-based product commercialization.

Ideally, the candidate should also know a thing or two about crypto, blockchain tech and why JPEGs of poorly drawn pet rocks are selling for absurd prices on Ethereum.

Walmart’s future digital currency and crypto product lead will be based in the company’s home office in Bentonville, Arkansas. The state has produced talents such as Billy Bob Thornton and Johnny Cash, along with Bill and Hillary Clinton.

  Team officially reestablishes Dogecoin Foundation after 6 years

There was good news for Doge fanatics this week as the Dogecoin Foundation resurfaced after several years of total media silence. 

According to an announcement on Tuesday, the foundation stated it was reestablishing itself in a bid to support the fiery-eyed Dogecoin (DOGE) community. The foundation also said it would be announcing new projects that are centered on encouraging adoption of DOGE and promoting its utility. 

The project’s website lists Ethereum co-founder Vitalik Buterin, Dogecoin co-founder Billy Markus and Dogecoin Core developer Max Keller as advisory board members. Furthermore, Tesla CEO and DOGE proponent Elon Musk’s interests may be catered to from the shadows via Neuralink CEO Jared Birchall.

It is yet to be revealed if Musk’s “toddler hodler” son has loaded up on DOGE in light of the announcement.

  Coinbase amasses a $4B war chest so it can outlast ‘crypto winter’

Coinbase, the top U.S. crypto exchange, has amassed a cash-based war chest worth $4 billion on the back of two very productive quarters for the firm. 

The company reportedly expected to use the cash to cover costs incurred by a variety of factors, including conforming to new regulations handed down by the United States legislature.

Coinbase has also announced its official launch in Japan in partnership with banking giant Mitsubishi UFJ Financial Group, while also revealing plans to add $500 million worth of crypto to its balance sheet and invest 10% of all generated profits into digital assets moving forward.

    Winners and Losers

    At the end of the week, Bitcoin is at $48,778, Ether at $3,282 and XRP at $1.28. The total market cap is at $2.09 trillion, according to CoinMarketCap. 

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Avalanche (AVAX) at 105.79%, Arweave (AR) at 96.17% and Audius (AUDIO) at 93.78%. 

The top three altcoin losers of the week are DigiByte (DGB) at -5.06%, Celsius (CEL) at -4.44% and BitTorrent (BTT) at -3.81%.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

    Most Memorable Quotations

  “Poly Network has no intention of holding Mr. White Hat legally responsible, as we are confident that Mr. White Hat will promptly return full control of the assets to Poly Network and its users. As we have stated in previous announcements and encrypted messages that have been made public, we are grateful for Mr. White Hat’s outstanding contribution to Poly Network’s security enhancements.”

Poly Network team

  “Lawmakers and regulators must work together to properly balance protecting innovation with any new regulations to ensure the digital asset marketplace flourishes in the United States.”

Glenn Thompson and Patrick McHenry, U.S. representatives

  “The most important thing that can be done today is moving away from the idea that coin voting is the only legitimate form of governance decentralization.”

Vitalik Buterin, Ethereum co-founder

  “Here at home in America, […] our payments infrastructure is arguably the worst of any developed country in the world, and increasingly falling behind, while China is moving with determination and haste to build an infrastructure that will make the digital yuan a challenger to the dollar as the world’s reserve currency.”

David Marcus, Diem co-creator

  “Ethereum is outperforming Bitcoin, and it can be expected to continue this trend for the rest of 2021.”

Nigel Green, CEO of DeVere Group

  “This is all about DeFi. […] This is the Treasury Department trying to work out how to get jurisdiction over DeFi […] and also expand its warrantless surveillance over a peer-to-peer financial system.”

Jake Chervinsky, general counsel at Compound

  “Frankly, as one of the first pilots, we have on the table the question of paying salaries to employees of the Ministry of Digital Transformation in electronic hryvnia.”

Mykhailo Fedorov, vice prime minister of Ukraine

  “It’s important to remember that when we look at the business, the long-term arc of adoption of digital assets in crypto matters far more than the businesses we are building.”

Mike Novogratz, founder and CEO of Galaxy Digital

Prediction of the Week 

  Ethereum ‘liquidity crisis’ could see new ETH all-time high before Bitcoin — Analyst

Bitcoin, the crypto industry’s largest asset by market cap, and Ethereum (ETH), the second-largest asset, have both posted notable price recoveries over the past several weeks. Although BTC has yet to be surpassed as the crypto industry’s top dog, ETH might tap its own all-time price high near $4,400 sooner than BTC reaches its record level of nearly $65,000, according to thoughts from CryptoQuant CEO Ki Young Ju. 

“$ETH might reach its all-time high earlier than $BTC in the long term,” Ju tweeted on Wednesday. “Current $ETH price is closer to ATH compared to $BTC. Higher demand, lower supply. $ETH sell-side liquidity crisis still intensifies, while $BTC exchange reserve stopped its downward trend in May.” 

On Friday, BTC fluctuated above the $48,000 mark, and ETH traded above $3,200 — which, however, are both still notably shy of their record highs.

FUD of the Week 

  JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm

On Aug. 19, U.S. banking behemoth JPMorgan Chase reportedly blocked all account activities of Bitcoin mining firm Compass Mining. 

Whit Gibbs, the CEO of Compass Mining, took to Twitter to share the news:

“Shoutout to @Chase for shutting down @compass_mining accounts for doing our part to replace the old guard with self-sovereign, future-focused supporters of hard money. Get behind #Bitcoin or get out of our way.”

It is unclear if the temper tantrum will be enough to sway JPMorgan Chase to change its mind, and it is also unclear how shutting down banking services to one Bitcoin mining firm represents an attack on BTC in any way. 

If anything, the banking giant has been upping its exposure to Bitcoin and the crypto sector in 2021.

  Liquid exchange hacked to the tune of $80 million

Liquid, a Japanese crypto exchange, was the victim of a $80 million-plus hack this week which made the platform not so… liquid. 

Cointelegraph reported on the news quickly after the exchange announced the attack, which compromised digital assets including BTC, Tron (TRX), Ripple (XRP) and Ether.  

The exchange explained that only its hot wallets were affected and added that its assets were being moved into cold storage for security purposes. 

The platform has since provided an update and revealed the hack totaled $91.35 million. The firm has urged users to not deposit any crypto assets in Liquid wallets until further notice.

  T-Mobile looking into potential hack of data on 100 million customers

Speaking of hacks, U.S. telecom giant T-Mobile was looking into an alleged massive data breach at the start of this week that may have compromised the information of more than 100 million users. 

According to Vice’s Motherboard, T-Mobile is looking into a potential data breach claimed by an author who posted details on an underground forum. A Sunday report said the hacker claims to have obtained data on more than 100 million customers from T-Mobile servers.

Unlike the Poly Network hacker, who syphoned $600 million worth of digital assets because “cross-chain hacking is hot,” the T-Mobile hacker seems to be displaying entrepreneurial instincts, as they were asking for 6 BTC —  worth around $280,000 at current prices —  in exchange for some of the data.

  Best Cointelegraph Features

Shanghai Special: Crypto crackdown fallout and what happens next

Owning Bitcoin isn’t banned, but many fear for the future of regulations in China. Here’s a look at where we stand and where we might be headed.

Poly Network hack exposes DeFi flaws, but community comes to the rescue

The DeFi hacker’s initial intentions remain unclear, but they refused to accept a $500,000 bounty after returning all funds.

The perfect storm: DeFi hacks will advance the crypto sector moving forward

There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.”

Source link

As the cryptocurrency marketplace continues to conform and boom, staying up to date with the modern dispositions and tendencies is crucial for customers and enthusiasts alike. The one year 2025 guarantees to be an thrilling one, with new responsibilities, technological enhancements, and shifts in investor sentiment shaping the landscape. In this article, we are able to discover some of the maximum trending cryptos currencies of 2025, providing insights and evaluation from Crypto News Insights, your pass-to supply for the modern-day crypto news and inclinations.

1. Bitcoin (BTC): The King of Cryptos Remains Unshaken Bitcoin (BTC) has prolonged been the dominant player inside the cryptocurrency vicinity, and it shows no symptoms of dropping its crown each time speedy. Despite the upward thrust of altcoins and new blockchain era, Bitcoin's characteristic due to the fact the primary keep of charge and virtual gold is firmly intact. In 2025, Bitcoin maintains to garner institutional interest, with large financial agencies, organizations, or maybe governments exploring strategies to mix Bitcoin into their operations.

One of the critical problem factors the use of Bitcoin's continued recognition is its function as a hedge in competition to inflation and economic uncertainty. As traditional economic markets face annoying situations, more clients are turning to Bitcoin as a comfy haven asset. Additionally, the persevering with development of the Lightning Network is enhancing Bitcoin's scalability and transaction pace, making it even greater attractive for regular transactions and micro-payments.

2. Ethereum (ETH): Powering the Decentralized Future Ethereum (ETH) has continuously been at the primary fringe of the blockchain revolution, and in 2025, it stays one of the maximum exciting cryptocurrencies available in the marketplace. Ethereum's clever agreement capability has enabled the advent of decentralized programs (dApps), decentralized finance (DeFi) systems, and non-fungible tokens (NFTs), amongst awesome enhancements.

The transition to Ethereum 2.Zero, which incorporates transferring from a evidence-of-art work (PoW) to a proof-of-stake (PoS) consensus mechanism, has been a primary milestone for the community. Ethereum 2.Zero ensures to deal with scalability troubles, reduce energy consumption, and decorate protection, positioning Ethereum due to the reality the skip-to platform for builders and companies seeking to deliver together on the blockchain.

As decentralized finance (DeFi) continues to boom, Ethereum stays the spine of many DeFi protocols, and the network's functionality to deal with complex clever contracts and transactions ensures its persevered relevance in 2025.

3. Solana (SOL): A High-Speed Blockchain Gaining Momentum Solana (SOL) has emerged as one of the maximum promising blockchain structures in ultra-modern years, and in 2025, it is turning into a key player inside the race for blockchain scalability and pace. Solana's specific shape permits for excessive-pace transactions, with the capability to approach masses of transactions regular with 2d (TPS) without compromising on safety.

The developing adoption of Solana-based totally duties, which encompass decentralized finance (DeFi) structures, NFTs, and gaming packages, has contributed to its upward push in recognition. As more builders and customers flock to Solana for its speedy and espresso-charge transactions, the blockchain's surroundings is developing , positioning it as a pinnacle contender in the cryptocurrency place.

In 2025, Solana's reputation on scalability and pace keeps to draw hobby from clients and builders alike, making it a cryptocurrency to test.

4. Cardano (ADA): The Sustainable Blockchain Solution Cardano (ADA) has won interest for its determination to sustainability and scalability, making it a standout within the crypto place. Unlike one of a kind blockchains, which rely on power-big evidence-of-artwork algorithms, Cardano uses a proof-of-stake (PoS) consensus mechanism, that could be a fantastic deal greater energy-inexperienced.

In 2025, Cardano is focused on constructing a decentralized environment that emphasizes sustainability, governance, and economic inclusion. The platform's smart settlement functionality is generally evolving, with new dApps and protocols being superior to growth Cardano's use instances.

As the location turns into greater aware of environmental impact, Cardano's green technique to blockchain technology positions it as a key player inside the evolving crypto panorama.

5. Polkadot (DOT): Bridging the Gap Between Blockchains Polkadot (DOT) is a multi-chain blockchain platform that dreams to remedy one of the most urgent disturbing conditions in the cryptocurrency international: interoperability. Polkadot allows one in each of a kind blockchains to talk with one another, permitting seamless transfers of information and belongings inside the route of a couple of networks.

In 2025, Polkadot's functionality to attach disparate blockchains is gaining recognition as a important characteristic for the destiny of decentralized finance (DeFi) and Web3. By offering interoperability, Polkadot lets in bridge the gap among precise blockchain ecosystems, fostering innovation and collaboration.

As the selection for for waft-chain solutions will growth, Polkadot's characteristic in the crypto environment keeps to make bigger, positioning it as a key participant inside the evolving blockchain landscape.

6. Avalanche (AVAX): Fast, Secure, and Scalable Avalanche (AVAX) has short received traction as one of the fastest and maximum scalable blockchain structures. With the capability to technique masses of transactions ordinary with 2d (TPS), Avalanche offers a excessive-not unusual elegant standard standard overall performance solution for decentralized packages (dApps) and clever contracts.

In 2025, Avalanche's tempo and scalability make it a well-known preference for builders searching out to build on a platform that could cope with massive-scale applications without sacrificing decentralization or protection. Avalanche's consensus protocol, which combines the tremendous capabilities of proof-of-artwork and proof-of-stake, guarantees that the network remains relaxed and inexperienced as it scales.

As decentralized finance (DeFi) keeps to boom, Avalanche's functionality to cope with immoderate throughput and coffee-rate transactions makes it a strong contender in the crypto space.

7. Chainlink (LINK): Enabling the Future of Smart Contracts Chainlink (LINK) plays a essential role in the clever settlement environment by way of way of using way of the usage of using presenting decentralized oracles that allow smart contracts to interact with actual-worldwide facts. In 2025, Chainlink stays a foundational piece of the decentralized finance (DeFi) puzzle, powering a big style of packages that require off-chain statistics.

With the growing adoption of decentralized applications and DeFi protocols, Chainlink's decentralized oracle network is becoming extra crucial than ever. As smart contracts end up an increasing number of complicated and reliant on out of doors information, Chainlink's characteristic in imparting comfortable and reliable oracles guarantees that it stays a pinnacle contender within the cryptocurrency marketplace.

Conclusion:

The Future of Crypto in 2025 and Beyond As we pass in addition into 2025, the cryptocurrency marketplace keeps to expose excellent increase and innovation. Bitcoin and Ethereum stay the dominant gamers, but new contenders like Solana, Cardano, Polkadot, Avalanche, and Chainlink are making large strides of their respective niches.

For shoppers, staying informed approximately the cutting-edge-day developments and dispositions within the crypto area is important. With new era, scalability solutions, and real-global use times growing each day, the destiny of cryptocurrency appears brighter than ever. As normally, make sure to depend on trusted sources like Crypto News Insights to keep up with the contemporary-day crypto facts, insights, and marketplace evaluation.