Dalarnia Legends, a Web3 strategy game built on the DAR Open Network, is preparing for its first Dalarnia Legends Grand Masters Final—a global competition that will bring together 64 players in October. At stake is a 250,000 $D prize pool, setting the stage for one of the game’s biggest events to date.

Key Takeaways

• The Dalarnia Legends Grand Masters Final takes place on October 11.

• 64 finalists will compete across six rounds.

• The prize pool totals 250,000 $D, with half going to the winner.

• Qualifiers began on August 26 and include leaderboard and wildcard slots.

• The event combines esports formats with blockchain-based rewards.

A Tournament-Style Approach

Dalarnia Legends, a strategy card battler built on the DAR Open Network, is positioning the Grand Masters as its flagship competitive event. Qualifiers began on August 26, with the top players from the leaderboard rankings and a few wildcard entries advancing to the final on October 11.

The structure follows a familiar esports model. Sixty-four players will face off across six rounds, with the eventual champion taking home half of the 250,000 $D prize pool.

The format draws from traditional esports tournament structures while integrating blockchain-native incentives.

Source: DAR Open Network

Blending Competition and Community

Organizers see the Grand Masters as more than a one-off contest. Manfred Pack, Project Lead at DAR Open Network, called the tournament “a new milestone for Dalarnia Legends,” adding: “By blending esports competition with Web3 rewards, we’re creating a stage where our most dedicated players can showcase their skill and be rewarded for it.”

Game Director David Otero highlighted the creative side of competition: “The Grand Masters isn’t just a tournament – it’s the stage where players’ dedication and creativity can shine. Every deck and every win tells a story of strategy and passion.”

That combination of storytelling and rewards elevates the tournament beyond raw competition.

The Role of the $D Token

The $D token anchors both the tournament and the wider DAR Open Network. Beyond payouts, $D fuels governance, staking, in-game economies, and marketplaces. The DAR Open Network itself provides shared infrastructure for Web3 apps, with Dalarnia Legends acting as one of its showcase projects.

By linking competitive play with token-based rewards, the tournament reflects how blockchain can add new dimensions to gaming without straying too far from esports traditions.

The October 11 Dalarnia Legends Grand Masters Final marks the beginning of a new era for blockchain esports—one where skill, creativity, and community converge. For Dalarnia Legends, it’s an opportunity to prove that a Web3 card battler can hold its own on the competitive stage.

Bitcoin breaks the long-term trendline: the familiar cycle signal

Veteran crypto analyst Cryptoelites recently revealed a very bullish perspective on Bitcoin’s recent price action. Analysis shows that Bitcoin has successfully broken beyond its chart’s important long-term trendlines, a movement that marks a major change in the market trajectory.

Following this breakout, Bitcoin has entered the consolidation phase. This pattern is particularly noteworthy as it reflects behavior seen in previous market cycles.

Such post-destruction integration has historically served as a precursor to a much larger price movement. Based on this historical precedent and current chart patterns, analysts are confident that a major movement is on the horizon.

BTC faces strong rejection in the key resistance zone

Despite the optimistic signal born from Bitcoin’s recent trendline breakout, not all analysts are sure the market is ready for a full-scale gathering. In a recent update, Alpha Crypto Signal noted that BTC is still facing strong rejection in the key horizontal resistance zone of the daily chart. This resistance continues to focus on price action and keeps the broader structure tilted towards a bearish attitude.

Analysts highlighted that upward movements from current levels are risky for a temporary recovery unless Bitcoin achieves a compelling breakout that surpasses ATH. In the analyst’s view, such a move can easily turn into “dead cat bounce.” This is a short-lived rally that cannot establish sustainable bullish momentum.

In addition to this note, Alpha Crypto Signal also expressed skepticism about the ongoing Altcoin Rally, describing it as a potential liquidity trap. Experts say market makers can use this surge to lure retailers into premature long positions before triggering their next major downward leg. This strategy is a recurring pattern in past cycles and should not be underestimated by market participants.

Still, Crypto analysts acknowledged that there are short-term opportunities. Experts emphasized that if traders adopt strict stop losses and maintain disciplined risk management, the longing bounce remains a viable strategy. Currently, the market is in the “trap realm”, demanding accuracy and attention, trading movements, but not being caught up in a setup designed to shake carelessness.

Bitcoin’s $107,800 Line In The Sand: Support Or Breakdown Ahead?

In a QuickTake post on CryptoQuant, Yonsei_dent shares some technical insight into the Bitcoin market, highlighting several important price levels at the moment. The analyst explains that Bitcoin’s current market price is sitting almost directly on top of the Short-Term Holder (STH) Realized Price, an important metric that tracks the average cost basis of recently acquired coins.

Notably, investors holding coins for 1 week–1 month have an average cost basis of $116,400, while the 1–3 month cohort sits lower at $112,600. Meanwhile, holders in the 3–6 month range show a significantly cheaper cost basis of $93,400. When all these groups of short-term holders are weighted by realized capitalization, the blended average STH cost basis is calculated at around $107,800, i.e., about 1.45%% below present market prices.

This alignment makes the $107,800 level a critical line in the sand, so to speak, for the current bullish structure. If Bitcoin remains above this threshold, short-term holders will remain close to breakeven, reducing the likelihood of widespread panic selling. However, if Bitcoin bulls lose this support zone, many new market entrants will fall into loss territory, increasing the potential for a heightened selling pressure.

In such a bearish scenario, market participants would likely turn their attention toward the $93,400 support area, where the 3–6 month cost basis resides. This level could provide the next significant cushion, given that investors in this cohort are sitting on healthier profits and are likely to display stronger holding conviction.

However, it’s worth stating that the situation is not outright bearish. A decisive recovery above $112,600–$116,400, representing the cost bases of 1–3 months and 1 week–1 month holders, respectively, could restore market confidence and reignite bullish momentum towards a potential return to the present market ATH.

Bitcoin Price Overview

At press time, Bitcoin trades at $109,400 following a 5.65% devaluation in the past month. Meanwhile, the daily trading volume is down by 27.02% and valued at $50.48 billion. With a market cap of $2.15 trillion, Bitcoin remains the largest cryptocurrency and fifth-largest global asset.

Key points:

• Bitcoin traders reveal the key BTC price points for a bullish recovery.

• The risk of a “double top” for price remains, with $102,000 on the radar should support fail.

• The Bitcoin bull market does not have much time left — if history is a guide.

Bitcoin (BTC) neared $113,000 after Wednesday’s Wall Street open as buyers sought to cement a market bounce.

BTC price outlook hinges on $112,000

Data from Cointelegraph Markets Pro and TradingView showed local highs of $112,646 on Bitstamp.

Now up over $3,000 from multiweek lows seen the day prior, BTC/USD continued to split opinions over where it might head next.

“$BTC has reclaimed its EMA-100 level,” popular trader BitBull wrote in a post on X, referring to the 100-day exponential moving average at $110,850. 

“This has been very crucial for bottom formation, and for now bulls are still in control. If BTC holds this level, I wouldn’t be surprised to see a rally towards $116K-$117K level.”

While maintaining a bearish bias, fellow trader Roman, who this week called time on the Bitcoin bull market entirely, emphasized the importance of the $112,000 mark.

“Looks like a breakdown & bearish retest for now. If 112k support is truly lost, 102k support should be next. Also looks like a double top is confirming here,” he told X followers on the day. 

“I expect lower over the next few days – unless we completely regain 112k support.”

Popular trader and analyst Rekt Capital, meanwhile, reiterated similarities between the current BTC price pullback and previous bull markets.

“History doesn’t always repeat but it often rhymes,” he summarized, confirming that price had entered its second “price discovery correction.”

“Bitcoin ended up rallying into new All Time Highs by Week 6 before transitioning into Price Discovery Correction 2. History suggests this pullback will likely be shallower & shorter than past ones.”

Is time running out for the bull market?

Debate also centered around the longevity of the bull market, with market participants similarly torn over how long it might last.

Related: Bitcoin can still hit $160K by Christmas with ‘average’ Q4 comeback

For Rekt Capital, history demands that October form the deadline for a bearish trend change.

The previous bull market lasted 152 weeks

That’s ~1064 days

Almost 3 years

We are already 144 weeks into this Bull Market$BTC #Crypto #Bitcoin

— Rekt Capital (@rektcapital) August 27, 2025

This contrasts hopes that the next Bitcoin bear market is still years off — a view put forward by David Bailey, the dedicated Bitcoin adviser to US President Donald Trump.

“There’s not going to be another Bitcoin bear market for several years,” Bailey argued on X at the weekend, pointing to institutionalization of BTC as an asset.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Author

Julia Smith

Author

Julia Smith

About Author

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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August 18, 2025

The U.S. Treasury is calling on the public to provide feedback required by the GENIUS Act on how the government could help prevent “illicit finance risks” tied to digital assets, per a Monday press release from the government department.

U.S. Treasury Puts The GENIUS Act In Action

According to the August 18 notice, the U.S. Treasury is seeking comment from interested members of the public at large on how financial institutions can push back on unlawful crypto use.

“This request for comment offers the opportunity for interested individuals and organizations to provide feedback on innovative or novel methods, techniques, or strategies that regulated financial institutions use, or could potentially use, to detect illicit activity involving digital assets,” the U.S. Treasury states.

“As required by the GENIUS Act, Treasury will use public comments to inform research on the effectiveness, costs, privacy and cybersecurity risks, and other considerations related to these tools,” the press release continues.

Scott Bessent Shares His Take In New Statement

Following news of the request for comment, U.S. Treasury Secretary Scott Bessent praised implementing the GENIUS Act as “essential” to “securing American leadership in digital assets.”

“Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries, which back stablecoins,” Bessent said.

“It’s a win-win-win for everyone involved: stablecoin users, stablecoin issuers, and the U.S. Treasury Department,” he added.

U.S. President Donald Trump signed the crypto legislation into law last month, much to the appeasement of key players in the blockchain sector.

“Let me say, the entire crypto community, for years you were mocked and dismissed and counted out,” the president continued. “You were counted out as little as a year and a half ago—but this signing is a massive validation.”

The move reinforces that the GENIUS Act isn’t just symbolic — it’s now becoming the framework for America’s digital asset strategy.

Daily candles stall, but XRPBTC pairs show strength

Cryptowzrd provided a detailed breakdown of the current market setup for XRP, noting that the daily candles were closed due to indecision. Nevertheless, the XRPBTC pair ended the session with a somewhat bullish tone. According to experts, a critical move above 0.0028750 BTC could trigger a quick and impulsive upside-down rally, adding a great deal of momentum from its current position to XRP’s bullish outlook.

He pointed out that the XRP was hovering near a $3.23 resistance level. This is a key zone that may unlock further profits. If this level gives way, the price could move towards the next major resistance at $3.65. Momentum from such breakouts can be amplified when combined with the strength of the BTC market.

Beyond the $3.65 threshold, Cryptowzrd foresees the possibility of XRP surges to a new all-time high of nearly $4.60. He stressed that such a move is likely to be driven by strong and impulsive gatherings supported by buying pressure and increased market enthusiasm. This scenario marks a significant milestone in the current recovery phase of XRP.

On the downside, $2.80 remains an important daily support level for viewing. Maintaining this support is essential to maintaining the overall bull market structure. Faults below that could change the current outlook, seducing deeper corrections and cooling bullish emotions.

Cryptowzrd confirmed that his attention will remain in the formation of the low time frame chart in the upcoming session. He is particularly focused on identifying the next viable scalp opportunity as his current safe position continues to work in favor of a broader strategy.

Volatility lasts as traders retest $3.23 $3.23

Putting the analysis together, analysts highlighted that XRP’s intraday charts experienced significant volatility on Friday, and are likely to maintain their strength in the short term. Such choppy price actions show both risk and opportunity for short-term traders.

Analysts noted that retesting at the $3.23 level in support could pave the way for another promising long position if a bullish comeback continues. Conversely, a critical breakout that outweighs the $3.23 resistance could push XRP towards the $3.65 resistance zone and provide a clear upside target. For now, Cryptowzrd emphasized the importance of patience, highlighting that the next move should come from a healthy, mature trade setup.

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After weeks of trading above the $100,000 threshold, Bitcoin’s price has fallen below this psychological level with the heightened bearish state of the crypto market. However, the flagship asset has recovered to this level, and it is now trading slightly above $102,000. Within this waning price action is a positive trend and activity spotted among key BTC investors.

Classic BTC Whales Maintain a Neutral Stance

During the weekend, Bitcoin experienced a sharp decline as macroeconomic conditions remained bearish. On-chain data shows that BTC’s waning price action has not entirely influenced the conviction of many investors, especially whales.

Alphractal, a data analytics and investment platform, reported that the true and classic whale investors are still maintaining a neutral stance, neither bullish nor bearish. The platform revealed the development following its investigation of the Bitcoin Whale Transaction metric to gauge big investors’ transactions. 

According to the platform, the volume of on-chain BTC transactions over $100,000 stays at neutral to low levels. A look at the chart shows that this trend and position also occurred back in 2020, indicating a potential market reaction akin to that of the 2020 bull cycle.

Such steady behavior from whales points to a wait-and-see strategy by these investors, indicating neither terror nor euphoria. Despite short-term volatility, their neutrality might indicate greater market apprehension or faith in Bitcoin’s long-term course.

The on-chain platform highlighted that OG Whales usually shift enormous amounts of BTC during bull runs. However, this trend identified among these key investors in the bull market phase has not happened since 2022.

Bitcoin’s recent pullback has raised concerns about its near-term prospects as the flagship asset dropped to the Short-Term Holders Realized Price. Alphractal noted that Bitcoin had reached the STH realized price after declining below the $99,000 zone.

According to Alphractal, this is the point where it hits the average price of every BTC bought in the last 155 days. In the meantime, the expert has urged investors to be extra cautious since this could be the primary short-term support.

BTC To Rally In The Near Term

While BTC struggles to regain upside traction, Batman, a crypto expert, stated that the asset is still holding strong at support and showing good resilience. Since rising above the $100,000 mark, Bitcoin has maintained its position above this level for over 44 straight days, reflecting its resilience even during market whirlwinds. “That’s a good sign in the tough market we have seen lately,” he added.

Batman noted that if this support continues to hold, BTC may push toward the $120,000 level in the short term. This expected surge aligns with the last phase of the Wyckoff theory, which the expert believes will start sooner or later.

Featured image from Pixabay, chart from Tradingview.com

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In a wide range of conversations, Matt Crosby, lead analyst at Bitcoin Magazine Pro, sits alongside the reasonable routes of chain cycle experts to explore pressing questions about the minds of many investors.

The discussion is divided into over-chain metrics, ETF flows, market psychology, and corporate accumulation. This is central to understanding whether Bitcoin’s next big move is slowing down and attenuating, or moving forward.

On-Chain Market Location: Not Overheated yet

According to Rational Root, the Bitcoin market is far from cycle fatigue.

This important metric (average acquisition price for recent market participants – exists as a proxy for overheating conditions. Routes argue that this mild positioning suggests we are still in bullish territory.

Structured mountain climbing and parabolic hype

The route noted that the current cycle forms a much more stable structure compared to past cycles.

Matt Crosby points out that more orderly trends could be a byproduct of the institution, suggesting that this could be a new stage in Bitcoin that suppresses extreme volatility in both directions.

ETF Flow: New Whale

A reasonable route closely tracked the large demand from ETFs.

This influx is significantly higher than the current daily issue of 450 BTC. ETF demand is combined with the Finance Ministry and long-term holders of companies, and is fundamentally shifting the supply dynamics of Bitcoin.

Human psychology is still dominant

Despite the rise of institutional players, routes remain based on patterns of behavior.

He reiterated that the Bitcoin cycle remains induced by collective psychology: consolidation, fear, and FOMO. So far, data from the current cycle appears to rhyme closely with the 2017 and 2021 cycles.

Are you in the stage of happiness?

See what he is well known Bitcoin Spiral Chartthe route pointed out:

Historically, this phase precedes the market peak, but routes have been careful not to provide timing guarantees.

Bitcoin Finance Company: Cheat Codes or Risk?

With the rise of Bitcoin finance companies such as MicroStrategy, Metaplanet and The Blockchain Group, Root is shared.

He highlighted the strategic use of debt by these companies and harnessed the decline of Fiat to accumulate Bitcoin. He also tackles previous skepticism caused by obstacles in the 2022 cycle (such as celsius, blockfi), but he considers current players to be fundamentally sound.

Price prediction and cycle timing

Pushed by prediction, the reasonable route said:

He cited the potential for macro risk and extended integration, but has reiterated so far that the current cycle remains historically within normal boundaries.

Are we entering a new era?

Root and Crosby acknowledge the changing nature of Bitcoin’s market participants, but agree that the basic cycle mechanisms still apply.

Added routes:

The final words

The Bitcoin market structure has evolved, but not fundamental. Institutional demand, passive flows, and corporate accumulation are restructuring behavior, but the emotional core of the cycle remains familiar. Investors need to prepare for ongoing benefits, but should remain vigilant for signs of overextension.

For more in-depth research, technical metrics, real-time market alerts, and access to the growing community of analysts, visit bitcoinmagazinepro.com.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making an investment decision.