Recently, XRP has been trading sideways around $2.8, with market opinions clearly divided. On the one hand, investors are pinning their hopes on the potential approval of a spot ETF, seen as a key milestone in bringing XRP into mainstream, compliant investment channels. On the other hand, short-term price volatility and macro-market uncertainty continue to make XRP holders cautious.

Against this backdrop, many investors are turning their attention to how to diversify their risk without reducing their core holdings. Industry observers note that the compliant and transparent cloud mining model is increasingly being viewed as a complementary strategy by some XRP holders.

BAY Miner emphasizes that, amidst fluctuating market sentiment and a fading regulatory landscape, exploring cloud mining is not only a diversification strategy but also reflects investors’ desire for stability amidst volatile periods.

Diverging XRP Market Trends and Regulatory Progress

Since September, XRP has remained stable around $2.8. Some analysts believe that ETF approval will attract regulated capital inflows. However, others warn that short-term volatility is inevitable amidst tightening global liquidity and economic uncertainty.

On the regulatory front, the United States and Europe are accelerating the rollout of digital asset frameworks. Progress in ETF approvals and cross-border payment regulations has rekindled market attention regarding XRP’s long-term application value. Ripple’s position in payments and clearing has also been reiterated.

How Holders Find Balance During Volatile Cycles

XRP holders face a question not “whether to hold” but “how to allocate their holdings.” Spot trading is exposed to price fluctuations, while staking and other assets lack flexibility. To expand their options without reducing their holdings, some investors are turning to cloud mining.

Cloud mining has become a supplementary tool being considered due to its low entry threshold, transparent model, and low correlation with spot prices. BAY Miner notes that this method can provide a certain balance to a portfolio during volatile periods.

The Concept of Cloud Mining and Its Position in an Investment Portfolio

Cloud mining uses remote computing power hosting, allowing investors to participate in network block production without having to build their own equipment. With increasing regulatory compliance, it is evolving from its early obscurity to transparency and standardization.

Its value lies not in replacing spot trading but in diversification. Unlike investments directly linked to market prices, cloud mining returns are also affected by computing power, network difficulty, and operational maintenance, and their performance does not fully track the price of the coin. This provides XRP holders with an additional option during times of market uncertainty.

BAY Miner’s Positioning in the Compliance and Transparency Trend

BAY Miner positions itself as a compliance-oriented, transparent, and mobile-first platform. Through parameter disclosure and standardized processes, the platform provides investors with comprehensive information before participating and allows them to track their progress in real time.

Unlike traditional computing power services, BAY Miner emphasizes clear instructions and information disclosure rather than “zero risk” promises. Its mobile design simplifies registration, plan selection, and tracking, making cloud mining accessible to investors with a lower barrier to entry.

Simplified Process and Mobile-First Investment Experience

BAY Miner adopts a mobile-first design, making it easier for investors to enter the cloud mining market. The entire process is closer to common digital service registration rather than complex technical operations.

Investors typically go through the following steps to get started:

• Account Creation: Users complete basic registration on the platform to gain access to the system.
• Contract Selection: Investors can choose from a variety of cloud mining plans based on their investment goals and timeframe.
• Real-Time Status Tracking: After entering, users can check the computing power status and operation status at any time through the mobile interface, achieving process transparency.

This digital experience lowers the technical barrier to entry, making cloud mining more accessible to XRP holders and increasing portfolio diversification options.

Compliance-Driven and Multi-Layered Security

As the crypto market enters a regulatory framework, compliance has become a core issue. BAY Miner states that its operations are based on the principles of compliance and transparency, and that it employs security measures such as encryption, attack prevention, and system monitoring to enhance platform resilience.

This dual approach allows it to align with industry trends amidst a shifting policy landscape, and it provides a relatively stable entry point for XRP holders.

ETFs, Cross-border Payments, and the Future of Compliance

In the future, ETF development, cross-border payment applications, and regulatory implementation will continue to drive XRP’s trajectory. Ripple’s payment positioning may strengthen its long-term value, but short-term volatility will remain.

BAY Miner believes that diversification and regulatory compliance will become two major market trends. Cloud mining may become a supplementary tool for XRP holders to balance short-term and long-term interests, adding flexibility to their portfolios.

Conclusion: Exploring Diversification Amidst Uncertainty

As XRP’s long-term potential intersects with short-term volatility, holders are focusing on how to balance conviction with flexibility. BAY Miner notes that compliant cloud mining is emerging as a supplementary tool for XRP investors, adding another layer of choice in portfolio strategies.

For more information, visit the BAY Miner official website at www.bayminer.com.

Contact the team via [email protected].

Access the BAY Miner App on iOS and Android for convenient cloud mining participation in BTC, ETH, and XRP.

AIverse is opening its iNFT marketplace on testnet, with One Gravity holders getting the first look. Built on 0G’s decentralized AI protocol, the platform lets users mint, trade, and explore intelligent NFTs that are central to the growing AI agent economy.

Key Takeaways

• AIverse testnet goes live on September 4, 2025, on 0G’s Galileo testnet.

• One Gravity NFT holders (1,888 total) are the first to access and mint iNFTs.

• iNFTs minted on testnet will be tradable and exchangeable for mainnet equivalents at launch.

• A snapshot taken on September 1 determines eligible wallets for early access.

• The launch marks a major step for 0G’s decentralized AI ecosystem ahead of its mainnet.

AIverse: The “OpenSea for iNFTs”

Dubbed “The OpenSea for iNFTs,” AIverse is designed as the go-to marketplace for tokenized intelligence. The platform enables minting, trading, and collecting of iNFTs, setting the stage for what 0G calls the “agent economy.”

The marketplace is powered by 0G, a modular and infinitely scalable Layer 1 blockchain built for decentralized AI. Its integration of compute, storage, and data availability makes it an ideal foundation for applications that merge Web3 and AI.

Source: 0G

Exclusive Access for One Gravity Holders

One Gravity, which launched in March, is more than just another NFT collection—it’s the gateway to 0G’s broader decentralized AI ecosystem. Its 1,888 holders now get a front-row seat to AIverse, with their NFTs serving as access passes to mint some of the very first iNFTs on the Galileo testnet.

All iNFTs will be tradable within AIverse using testnet tokens that carry no monetary value. This provision allows participants to explore the marketplace’s core features, experiment with intelligent NFTs, and position themselves for potential rewards and ecosystem incentives once 0G’s mainnet officially goes live.

First-Mover Advantage in the iNFT Economy

The first iNFT minted on AIverse during the testnet phase will also be exchangeable for a mainnet version once 0G officially launches. This provides One Gravity holders with a strong first-mover advantage in shaping the AI-driven agent economy.

Michael Heinrich, CEO of 0G Labs, said:

“AIverse is going to power 0G’s agent economy and it’s only right that the One Gravity community should be first in line to onboard, mint an exclusive iNFT and reap the rewards that come from being early.”

Why This Matters for Web3 and AI

The launch of AIverse highlights a growing trend where AI and blockchain merge to create new forms of digital ownership. Unlike static NFTs, iNFTs embody dynamic, intelligent agents that can evolve, interact, and generate value within decentralized systems.

Minting and trading iNFTs gives users a way to engage directly with AI onchain, moving beyond static digital collectibles. Communities can test how intelligent NFTs function in practice and explore their potential role in emerging markets.

For 0G, the launch of AIverse is a practical step toward its broader goal of running AI workloads in a decentralized way, rather than leaving control in the hands of centralized providers.

Breaking Barriers: Mining Made Simple and Accessible

Bitcoin cryptocurrency mining has long been seen as a playground for skilled professionals and high-capital investors. Traditional mining models require advanced equipment, heavy electricity consumption, and specialized knowledge. This kept everyday users away from a profitable opportunity.

With the launch of its new mobile app, CryptoMiningFirm has eliminated these barriers. Now, anyone with a smartphone can participate in mining and earn money without technical or financial obstacles.

The app’s mission is simple: democratize crypto mining and transform idle digital assets into active, income-generating wealth.

How the CryptoMiningFirm Mobile App Works

Unlike conventional rigs, the CryptoMiningFirm app leverages powerful cloud-based servers. These servers, powered by renewable energy, process all mining operations while the app connects users remotely. The result is mining without hardware, setup, or maintenance.

Through the app, users can:

• Activate mining with a few taps.
• Monitor real-time earnings on a transparent dashboard.
• Select from multiple cryptocurrencies, including Bitcoin, Ethereum, XRP, DOGE, USDT, and more.
• Withdraw rewards instantly, anytime, anywhere.

The ease of use ensures beginners and experienced traders alike can join the mining process within minutes.

Why CryptoMiningFirm App is a Game Changer

The CryptoMiningFirm mobile app stands out because it makes mining practical, profitable, and sustainable for everyone.

• No expensive hardware required – Bitcoin mining takes place on secure servers, not on user devices.
• Daily returns – Investors receive guaranteed returns every 24 hours.
• Simple registration – Anyone can start mining in 30 seconds.
• Global Accessibility – Works smoothly even in regions with slower internet.
• Eco-Friendly Technology – Mining is powered by renewable energy, reducing environmental impact.

By combining accessibility with profitability, CryptoMiningFirm redefines how the world engages with digital assets.

Step-by-Step Guide to Getting Started

Joining the platform is quick and user-friendly:

1. Visit the Official Website – Access cryptominingfirm.com.
2. Sign up for free – Create your VIP account in just a few easy steps.
3. Claim Your Welcome Bonus – Receive up to $100 to start your first contract.
4. Choose a plan – From beginner to elite millionaire mining contracts, we have it all.
5. Activate mining – Your smartphone or computer will become your income portal.

This seamless process ensures no downtime between registration and profit generation.

Manage Wealth Anywhere With the App

The newly launched mobile app transforms smartphones into wealth-creation tools. With it, users can:

• Track mining performance in real-time.
• Manage contracts efficiently.
• Withdraw earnings instantly.
• Securely access wallets with encryption and two-factor authentication.

Download here: CryptoMiningFirm App. With the app, investors carry a portable mining factory in their pockets.

CryptoMiningFirm’s Contracts Create Opportunities for Everyone

CryptoMiningFirm’s strength lies in its diverse mining contracts. Whether users invest $100 or $100,000, each plan is designed to ensure transparency and profitability: Trial Plan, Classic Plan, Advanced Plan, Elite Plan, and Super Millionaire Plan.

These flexible contracts ensure both beginners and high-net-worth investors can participate and profit.

Click here to learn more about contract packages: https://cryptominingfirm.com/.

Eco-Friendly and Responsible Mining

Mining has faced criticism for its carbon footprint. CryptoMiningFirm addresses this challenge by operating entirely on renewable energy sources. This sustainable approach allows users to earn income while contributing to a greener future.

Global Impact of the Launch

The launch of this mobile app is more than just a technological achievement; it’s a financial revolution. By lowering the barrier to entry, CryptoMiningFirm empowers millions of people around the world to mine and earn profits without a specialized setup. This expansion will boost the popularity of BTC cryptocurrency worldwide and enhance people’s trust in digital finance.

From students exploring their first crypto investment to professionals seeking passive income, the app delivers a scalable solution. It sets a new benchmark for simplicity, inclusivity, and sustainability in mining.

Conclusion: A New Path to Digital Wealth

The launch of CryptoMiningFirm’s mobile app marks a turning point in the cryptocurrency mining industry, blending user-friendly technology, flexible contracts, environmentally friendly operations, and global accessibility into one seamless platform.

For the first time, mining is not just for a select few—it is for everyone. With daily rewards, instant withdrawals, and strong security, this app transforms smartphones into tools for wealth creation.

Official Website: https://cryptominingfirm.com/

Contact: [email protected]

Download App: https://cryptominingfirm.com/xml/index.html#/app

Ripple’s Chief Technology Officer, David “JoelKatz” Schwartz, recently shared his view that blockchains are not only about cryptocurrencies but could also solve many other problems. He explained that the fintech company’s vision has always gone beyond digital coins, dating back to Ryan Fugger’s trust line idea in 2004. This early work, according to him, became the base for the company’s approach to connecting institutions and building trust networks.

As the cryptocurrency market continues to evolve, simply holding tokens is no longer enough for many investors seeking predictable returns. Increasingly, holders of XRP and ETH are turning to cloud mining as a way to generate cash flow—even in volatile markets.

One platform gaining attention is SWL Miner, a U.K.-registered cloud mining company that operates data centers across North America, Europe, and Asia. By combining AI-driven hash power allocation with facilities powered entirely by renewable energy, SWL Miner allows investors to mine Bitcoin remotely—without purchasing hardware, paying utility bills, or managing equipment.

What Is Bitcoin Cloud Mining?

Cloud mining allows users to rent computing power from large-scale mining farms via the internet. Instead of buying ASIC miners or building their own operations, investors sign contracts with a service provider. The platform handles hardware, electricity, and maintenance while users earn proportional mining rewards.

Key advantages include:

• Low barrier to entry – No need to buy or maintain mining rigs.
• Flexibility – Contracts range from short-term trials to long-term investments.
• Efficiency – Farms are located in regions with low energy costs and abundant renewables, improving margins.

This model has quickly become a popular addition to crypto portfolios, especially for investors seeking more predictable cash flow.

How to Start with SWL Miner

Getting started requires only a few simple steps:

1. Sign up – Registration takes less than a minute. New users receive a $15 bonus credit, generating about $0.60 in daily returns automatically.
2. Fund your account – Add crypto by sending it to your unique deposit address. Minimum entry is $100.
3. Choose a mining contract – Options cover short trial periods and longer-term plans, depending on budget and goals. For contract details, please visit the website: swlminer.com.
4. Start earning – Once activated, mining runs automatically. Payouts are credited every 24 hours and can be withdrawn or reinvested.

Returns begin the day after purchase. Once balances reach $100, users may withdraw to their wallet or reinvest to compound earnings.

Why SWL Miner?

• Green-first operations – 100% powered by solar, hydro, and wind energy.
• Multi-currency support – Deposits and withdrawals in BTC, ETH, SOL, XRP, USDT (ERC20/TRC20), USDC, LTC, DOGE, and more.
• Affiliate program – Earn up to 3% + 2% referral rewards, with bonuses up to 1 BTC.
• Global reach – Founded in 2017, headquartered in London, with 200+ mining farms and a community of 3.6 million users in 180 countries.
• Secure and transparent – Enterprise-grade encryption and multi-layer wallet protection provide reliable payouts and fund security.

The Future of Cloud Mining

Analysts say cloud mining could become a long-term allocation strategy as crypto markets mature under clearer regulation. Unlike speculative trading, mining offers predictable, recurring cash flow—an attractive hedge against volatility.

“Cloud mining provides a passive income stream beyond spot or derivatives trading,” noted one independent blockchain analyst. “Platforms powered by renewable energy are especially well-positioned for the industry’s next phase.”

Bottom Line

With Bitcoin’s momentum accelerating, investors are looking for efficient and sustainable ways to participate. SWL Miner transforms market enthusiasm into daily income, making cloud mining accessible to both long-term holders and short-term speculators.

Learn more at: https://swlminer.com

Available on Google Play & Apple App Store

Contact: [email protected]

The retracement has drawn attention to on-chain activity and investor behavior, particularly among long-term holders (LTHs). A CryptoQuant analyst has been monitoring realized profit and loss metrics to gauge whether the current cycle is approaching its peak or if more upside potential remains.  Data released by the analyst sheds light on how seasoned holders are reacting to Bitcoin’s latest rally.

Long-Term Holder Trends Across Market Cycles

CryptoQuant contributor PelinayPA shared an assessment of Bitcoin’s long-term holder realized profit and loss (RPL) metric, which tracks when investors who have held coins for extended periods decide to sell. According to the analyst, this indicator has historically been reliable in signaling both cycle tops and bottoms.

The analysis highlights key phases across multiple market cycles. During the 2017 bull market, a surge in LTH realized profits coincided with Bitcoin’s peak. By contrast, in the 2018–2019 bear market, profit realization slowed dramatically, while losses surfaced, reflecting the market bottom.

A similar pattern was observed in 2021, though the profit realization was more gradual, suggesting that selling pressure was spread across the market rather than concentrated in short bursts.

When Bitcoin entered the 2022–2023 downturn, realized losses increased significantly as the asset fell into the $15,000–$20,000 range. That period was characterized by panic selling among longer-term holders.

In the current market, however, PelinayPA notes that while profit-taking is visible, it remains moderate compared with past peaks. This indicates that, although selling is occurring, it has not yet reached the levels typically associated with a cycle top.

What the Current Data Suggests for Bitcoin

The current phase of moderate profit realization suggests caution but does not confirm that Bitcoin has fully topped out. PelinayPA explained that:

Historically, sharp increases in LTH profit realization (large green spikes) align with bull market tops. Current selling (mid-2025) is measured and gradual, which implies BTC may still be in the late stages of a bull cycle. If LTH selling accelerates, it could mark the next peak.

This measured approach by long-term holders could mean that the market retains some room for additional upward movement, provided selling pressure does not intensify.

At the same time, the data highlights that a shift toward heavier profit-taking would be an important warning signal for traders and institutions watching the market closely.

On-chain analytics firms frequently point to these long-term holder behaviors as leading indicators. While Bitcoin’s price action continues to consolidate below its record high, how these investors act in the coming weeks could set the tone for the next stage of the cycle.

For now, the data suggests that the rally has not yet reached conditions historically associated with a definitive top, but market participants are advised to watch profit realization closely.

Featured image created with DALL-E, Chart from TradingView

SHIB whale activity surges

Shiba Inu (SHIB) witnesses explosive 40% spike in overnight whale activity.

• Surge in transfer. Aug. 12–13 saw 351.6 billion SHIB moved from large wallets — up 40% from the prior day’s 240.13 billion.

Shiba Inu (SHIB) just experienced one of its busiest nights in weeks, with major holders transferring 40% more tokens than the previous day, as per IntoTheBlock. From Aug. 12 to 13, the amount of SHIB flowing out of large wallets increased from 240.13 billion to 351.6 billion, putting a massive portion of the supply in motion in less than 24 hours. 

Large outflows can indicate two different things: coins being sent to exchanges for sale or coins being sent from exchanges to private storage. Interestingly, SHIB’s price did not sink when the outflows spiked.  

• Price action. Stayed near $0.000014 despite heavy flows.

Instead, it held steady at around $0.000014, leaning more toward the idea that whales are parking tokens in cold wallets rather than selling them on the market. 

Over the same period, SHIB’s chart showed a push toward $0.00001425, a dip to approximately $0.00001360 and then a slow climb back to $0.0000138. There was no big sell-off or panic candles – just a back-and-forth range that suggests buyers were ready to take whatever supply was available. 

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ETH holders in full profit

Ethereum has no single holder in losses at moment amid shift to new ATH. 

• 98.81% in profit. 148.2 million ETH ($704.29B) bought below current price.

In a historic development, Ethereum (ETH), the leading altcoin, is bullish, with all of its holders in profit. In the last 24 hours, activities in the Ethereum ecosystem have been on an upward trajectory in terms of price and volume outlook. 

According to IntoTheBlock data, a total of 148.2 million ETH valued at $704.29 billion are “In the Money.” This reflects 98.81% of Ethereum holders. This implies that these investors bought the asset at a price lower than the current market price. 

• Low sell pressure. Holders likely waiting for a new ATH.

Interestingly, no holder is “Out of the Money.” Meanwhile, only 1.19% of holders are “At the Money.” These holders account for 1.79 million ETH worth $8.52 billion. These investors bought Ethereum at around $4,752. 

The implication of this for the leading altcoin is that there is minimal sell pressure on holders. With all investors in profit, they are likely to hold off selling their asset with anticipation of a new all-time high (ATH). 

• Price target. Market watching for $5K breakout.

The market had been agitated when a major Ethereum ICO whale went for profit in a fresh batch of sales less than 48 hours ago. However, the current development suggests that sell pressure has dropped. 

Surprisingly, despite the bullish outlook of Ethereum, the asset remains about 3% away from flipping its ATH of $4,891.70 set about four years ago. This has sparked concern among some market participants, who were anticipating the ETH price to hit $5,000.

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Coinbase XRP reserves down 57.4% since June

Major US exchange Coinbase slashes XRP holdings by 57.4% as transfers accelerate.

• Reserve decline. XRP holdings spread across 52 cold wallets.

Coinbase’s XRP reserves have been dropping for months, and new on-chain data show the decline has hit 57.4% since early June. The exchange used to hold almost a billion XRP across 52 cold wallets, but now it is down to about half that, with more big transfers this week. 

Right now, 10 wallets still hold about 26.8 million XRP each, and another 42 wallets hold about 16.8 million XRP. One of the latest moves saw 16.69 million XRP – worth about $54.83 million – moved from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10. It was an internal transfer. 

• Possible destinations. Bitstamp, BitGo, Ripple’s ODL network; or internal reserve reorganization.

The destination of these coins is unclear. Analysts believe the transfers are feeding new subwallets tied to Bitstamp, BitGo and Ripple’s On-Demand Liquidity network. Others think Coinbase is reorganizing reserves to position itself for usage or price changes. 

There is no sign of disorder or panic selling in the way these transfers are being handled. The amounts and timing suggest that there was a lot of planning involved, with an emphasis on where assets are located so they can be accessed efficiently. 

• Usage trend. Coinbase’s influence over large XRP flows may shrink.

Coinbase is not holding as much XRP as it used to, and that is because more and more people are interested in using the token for payments and cross-border transactions.  If this trend keeps up, Coinbase might not have as much control over the big XRP flows, and more of the asset might be moving through other exchanges and custodial channels.

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Cardano’s most loyal investors are bucking the usual profit-taking trend and are steadily adding to their ADA stacks even as prices and market heat indicators climb.

Data from Alpharactal showed that ADA long-term holders (LTH) have been steadily accumulating the digital asset since 2021 without showing signs of significant distribution.

This consistency signals confidence in Cardano’s long-term growth and a willingness to hold through potential volatility.

Meanwhile, part of this cohort’s resilience may stem from ADA’s price still sitting 74.76% below its all-time high of $3.09, reached in September 2021.

The incentive to sell may not be compelling for many investors who bought during that cycle until the asset returns to those record levels. On the other hand, ADA short-term holders (STH) are exhibiting a surprisingly more cautious behavior in the current bullish market conditions.

Notably, this cohort quickly sold during 2021’s market rally but now applies far less selling pressure despite ADA’s 150% year-on-year gain.

Instead, Alphractal noted that they have modestly increased their positions in the digital asset.

Overheated market

Outside of these traders’ behaviour, on-chain indicators suggest ADA market conditions are hot and could give the asset another significant price run.

The adjusted Sharpe Ratio, a gauge of risk-adjusted returns, stands at roughly 1, reflecting the strong market performance compared to previous cycles.

Historically, ADA has seen sharp, parabolic rallies when this ratio approaches 2, making the current reading potentially supportive of further gains.

Aside from this indicator, a major bullish catalyst may be forming on the regulatory front.

Data from the decentralized prediction marketplace Polymarket gives Cardano an 80% chance of seeing a US-approved ETF this year. This places it among a small circle of altcoins with such significant odds.

If confirmed, an ETF could draw significant new demand from institutional and retail investors alike,e which could increase ADA’s value.

Bitcoin pioneer Samson Mow predicted Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. 

Still, historical market cycle patterns may indicate otherwise. 

“Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm Jan3 on Sunday. 

He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.”

“No one wants ETH in the long run,” the Bitcoin (BTC) maximalist said. 

Mow, who has repeatedly ridiculed altcoins, added that it will be “challenging” for ETH to break all-time highs “because the closer you reach that psychological level, the stronger the drive to sell,” describing it as a “Bagholder’s Dilemma.” 

ETH/BTC ratio breaks trend

Mow continued to say that Bitcoiners shouldn’t be worried about the ETH/BTC ratio breaking the downward trendline. 

“Ethereum has always been a vehicle for those people to get more Bitcoin. It was true for the ICO, and it’s true now.”

The metric, which is a measure of the price of Ether in terms of BTC, is currently 0.036, according to TradingView. 

It has doubled since its five-and-a-half-year low of 0.018 in April, as Ether has surged while Bitcoin has remained relatively static. 

Ethereum advocate Anthony Sassano labeled the post as “old school Bitcoin maxis” criticizing Ethereum, and said that it was a bullish sign for ETH.

Rotation back into altcoins

Investor and entrepreneur Ted Pillows offered a different perspective on Sunday, forecasting that Ether will hit a new peak price and spark a mini altseason, before capital rotates back into Bitcoin until it hits about $140,000, followed by a final rotation back into Ether and altcoins. 

Related: Michael Saylor is not sweating the rise of Ethereum treasury companies

This is a typical crypto rotation pattern played out in previous bull market years, with Ethereum and altcoins lagging behind Bitcoin with their cycle highs. 

Bitcoin dominance has also declined 10% since late June as the rotation into altcoins continues. 

Ether’s “incredible pump to $4,300 from institutional interest in strategy reserve plays has aided DeFi platforms in gaining higher TVL, while innovative yield farming and lending strategies draw users back,” Nick Ruck, director at LVRG Research, told Cointelegraph. 

ETH weekly close highest since 2021

Meanwhile, ETH prices have seen their highest weekly candle close since November 2021 as the asset topped $4,300 in late trading on Sunday following a weekly gain of 21%.

Ether is now just 12% away from its 2021 all-time high of $4,878, and momentum is still very much with it despite the derision from Bitcoin maxis. 

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’

]]> https://earlybirdsinvest.com/ethereum-bag-holders-will-rotate-back-to-bitcoin-samson-mow/feed/ 0 52603 https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/ https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/#respond Tue, 05 Aug 2025 22:29:22 +0000 https://earlybirdsinvest.com/cardano-sidechain-midnight-starts-token-distribution-to-ada-xrp-btc-holders/

Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens.

Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and role for NIGHT. 

Midnight stated that Glacier Drop will be a multi-phase, community-focused distribution intended to broaden access while resisting manipulation. 

After the current Claim Phase, a 30-day “Scavenger Mine” will let newcomers perform on-chain work for unclaimed tokens, and a four-year “Lost-and-Found” will enable late claims from original eligible wallets following mainnet launch.

Eligibility was determined by a June 11 snapshot. Wallets holding at least $100 in native tokens on Bitcoin, Ethereum, Cardano, Solana, BNB Chain, Brave, Ripple (XRP Ledger), or Avalanche can connect to the official claim portal and redeem an allocation. 

The window to claim remains open for 60 days, according to the project’s announcement and portal guidance. 

Midnight Foundation president Fahmi Syed stated: 

“This airdrop is a rethink of how value and access can be distributed across chains, communities, and use cases and is designed to resist manipulation and encourage long-term engagement.”

Participants can access the claim process via Midnight’s official Glacier Drop portal by connecting a qualifying wallet and following the non-custodial flow.

Tokens remain locked

Claimed NIGHT does not unlock immediately. Once the mainnet is live, tokens will enter a Redemption Period that releases holdings in four random “thaw” events over 360 days, a structure designed to smooth supply and reward longer-term participation. 

Midnight TGE, the entity responsible for the initial NIGHT distribution in line with the network’s decentralization plan, will administer the rollout. The team reiterated that users should verify they are using the official URL before connecting a wallet. 

Midnight positions itself as a privacy-first network that uses zero-knowledge proofs and selective disclosure to let users share data when necessary while keeping sensitive information protected. 

The project is being developed as a sidechain within the Cardano ecosystem, providing interoperability while targeting data-protection use cases.

Mentioned in this article