Crypto & Blockchain Daily Brief Sunday, August 10, 2025

Ethereum's price has broken a 45-month pattern of consolidation as it surged past $3,000. This significant price movement marks a departure from the previous trend of Ethereum's price being stuck within a range for over three and a half years. The price surge is attributed to several factors including the overall bullish sentiment in the cryptocurrency market, the increasing adoption of decentralized finance (DeFi) applications, and the upcoming Ethereum Improvement Proposal (EIP)-1559 upgrade. The bullish sentiment in the cryptocurrency market has been fueled by a combination of factors such as the growing interest from institutional investors, increased mainstream adoption, and positive regulatory developments. Additionally, the rise of decentralized finance (DeFi) applications has contributed to the increased demand for Ethereum as it is the primary blockchain platform for many DeFi projects. The upcoming EIP-1559 upgrade is also seen as a positive development for Ethereum as it aims to improve the network's scalability, security, and efficiency. The price surge has led to renewed optimism among Ethereum investors and traders, with many predicting further price increases in the coming months. Some analysts believe that Ethereum's price could potentially reach new all-time highs in the near future, surpassing its previous peak of around $4,300. However, there are also warnings of potential market corrections and volatility in the short term as the price of Ethereum continues to fluctuate. Overall, the recent price surge of Ethereum breaking the 45-month pattern of consolidation is seen as a positive sign for the cryptocurrency and has generated excitement and optimism among investors and traders.

The article discusses the current price trend of Cardano's ADA cryptocurrency, highlighting its ability to hold above the $0.80 mark. Despite facing some downward pressure, ADA managed to stay resilient and maintain a strong position above this key support level. The article attributes this stability to the overall positive sentiment surrounding Cardano and its upcoming developments. Cardano has been making significant progress in terms of technological advancements, with the upcoming Alonzo hard fork being a major focal point. This upgrade is set to introduce smart contract capabilities to the Cardano network, which is expected to open up a wide range of possibilities for decentralized applications and projects built on the platform. In addition to the technological developments, Cardano has also been making strides in terms of partnerships and collaborations. These efforts have helped to boost the overall credibility and adoption of the platform, further contributing to the positive sentiment surrounding ADA. Looking ahead, the article notes that the next target for ADA bulls is to push the price above the $1.00 mark. If successful, this could pave the way for further gains and potentially lead to a bullish momentum for Cardano. However, it also warns that the cryptocurrency market is highly volatile, and investors should exercise caution and conduct thorough research before making any investment decisions. Overall, the article emphasizes the strong position of Cardano's ADA cryptocurrency and its potential for further growth in the future.

The article discusses the price prediction for Dogecoin (DOGE) on August 9th. It begins by highlighting the recent performance of DOGE, noting its decline in value and the challenges it has faced in maintaining an upward trend. The article mentions that DOGE has been struggling to break through the $0.21 resistance level and has experienced a downward correction. The author of the article predicts that on August 9th, DOGE is likely to face further challenges in breaking through key resistance levels. They suggest that if DOGE fails to surpass the $0.21 resistance level, it may continue to experience a downward trend. However, the article also notes that if DOGE manages to break through this resistance level, it could potentially see a price increase. The article emphasizes the importance of monitoring key support and resistance levels for DOGE in order to gauge its price movements accurately. It suggests that traders should pay close attention to these levels and consider them when making trading decisions. In conclusion, the article provides a cautious outlook on DOGE's price prediction for August 9th, suggesting that the cryptocurrency may face challenges in breaking through key resistance levels. It advises traders to stay informed about DOGE's price movements and to consider the potential impact of these resistance levels on its value.

The article discusses former President Donald Trump's involvement with a new cryptocurrency project called the "Trump World Liberty" project. The project aims to create a new cryptocurrency called "TWL" that will be backed by the U.S. Treasury. The cryptocurrency will be launched as a means to combat inflation and stabilize the global economy. The project is being led by former Trump administration officials, including former National Security Advisor John Bolton and former Acting Director of National Intelligence Richard Grenell. The team behind the project believes that the TWL cryptocurrency will provide a secure and stable investment opportunity for investors around the world. The TWL project will be launched in partnership with the U.S. Treasury and will be backed by a reserve of assets held by the Treasury. The project aims to provide a safe and reliable alternative to traditional fiat currencies that are vulnerable to inflation and economic instability. The article highlights the potential impact of the TWL cryptocurrency on the global economy, noting that it could help stabilize markets and provide a secure investment option for individuals and institutions alike. The project is seen as a way to promote economic freedom and financial independence for individuals around the world. Overall, the article presents the TWL project as a groundbreaking initiative that has the potential to revolutionize the cryptocurrency market and provide a secure and stable investment option for individuals seeking to protect their wealth from inflation and economic instability.