Main cryptocurrency news for the morning of August 28
Sony Block Solutions Labs launches a testnet and a developer incubation program for the Soneium blockchain network, built on Optimism technology. Information about this has appeared on the project's resources.
Soneium is an L2 solution for Ethereum. The development is aimed at creating consumer applications with low costs. Sony partners such as Circle, Optimism, Alchemy, and others will participate in experimental work on the new network.
The project was created as part of a joint initiative by Sony Group Corporation and Startale Labs in 20

Analysis of the altcoin Dogecoin (DOGE)
The meme coin is forming a large symmetrical triangle. The last week of August will be critical as the price approaches the top of the triangle, and a breakout will confirm the next trend. Crypto analyst KALEO predicts that DOGE may make a bullish breakout this week.
His forecast aligns with the expectations of many investors who are looking forward to the altcoin season next month. If DOGE rises above $0.25 this week, short liquidations could exceed $200 million. However, if DOGE falls below $0.20, long liquidations could exceed $170 million. Currently,

The Bitcoin whale "woke up" after seven years and bought Ethereum for $270 million
The investor acquired 62,914 ETH (~$270 million) on the spot market and opened a long position on 135,265 ETH (~$580 million) on futures. To do this, he disposed of part of 100,784 BTC that he received seven years ago from the exchanges H.X and Bi..nce.
Experts suggested that this is part of a unified strategy by one person or organization controlling multiple wallets. On August 21, they recorded a similar operation: a "sleeping" bitcoin whale from 2018 sold 670 BTC (~$76 million) and acquired 68,130 ETH (~$295

Whales "first set 10 main targets", and their long positions in Bitcoin have an unrealized profit of about 2.08 million dollars.
Bitcoin
BTC$122 130.08+3.11%
Major
MAJOR$0.17801-2.71%
AgentXYZ
TRADER$----%
Notcoin
NOT$0.002307-1.02%
PANews reported on August 11 that according to @ai_9684xtpa, the trader who "set 10 main targets in the first place" did not take profit and did not reduce his long position on BTC, opened on August 3, he could have realized a floating profit of $2.08 million. He opened a long position on 267,322 BTC at a price of $112,891.3, which became his first public trade sin

The price of Pepe is rising against the backdrop of increased accumulation by whales amid the ETH surge.
The price of Pepe continued its recovery this week, rising for four consecutive days amid accumulation by whales and the recovery of Ethereum.
The price of Pepe Coin has recovered for the last four consecutive days.
Data shows that whales and smart money are accumulating assets.
The technical indicators suggest further growth in the near future.
Whales are buying Pepe tokens
The Pepe token (PEPE) rose to $0.000012 on Saturday, August 9, reaching its highest level since July 28 and up 135% f

#pi 🚨🚨🚨The Pi network is growing by 3.2% after updates, targeting $0.53
The price of Pi Coin increased by 3.2% to $0.3665 today, August 8, after dropping to a low of $0.335 earlier this week. A promising double bottom pattern resembling the letter W has emerged, indicating a potential rise of 40% to $0.53.
Trading volume increased by 52% to $76 million according to CoinMarketCap, indicating that traders are actively entering the market. With two major updates in the Pi network, people are hoping for significant growth.
Network upgrades increase confidence
A double bottom has formed when the

The Pi Network Token (PI) may bounce off the historical low.
Selling pressure on the PI token is weakening
On the daily chart, the MACD indicator for PI is approaching a positive crossover, signaling a potential increase in buying activity. A positive crossover occurs when the MACD line (blue) crosses above the signal line (orange).
This is a bullish signal indicating a strengthening of the short-term momentum of the asset relative to its long-term trend. For PI, this means that interest in buying is growing and could push the price up in the near future.
The BBTrend indicator for PI shows tha

The rearrangement in the Pi Coin market (PI): buyers are gaining strength.
July was challenging for Pi Coin. However, in the first week of August, the situation began to change in favor of the PI token.
The PI bulls have awakened
The first noticeable signal appeared on the 4-hour chart of bull and bear strength: a green candle appeared for the first time in over 40 trading sessions. The last time bulls were active was in July, and since then, sellers have completely dominated. The Bull and Bear Strength Index tracks the difference between intraday highs and lows relative to the moving average.

Why selling cryptocurrency in August could be a costly mistake — experts' opinion
In August, the cryptocurrency market capitalization did not reach new highs like it did in July. The rally stalled as inactive whales became active, and traders started to take profits.
The question arises: should investors sell in August and wait for new lows? Recent analysis from experts helps to better understand the situation.
Why selling in August might be a mistake
After reaching a peak market capitalization of $4 trillion in July, the market corrected by 6.7% and is now at $3.67 trillion. Although this is

The infrastructure company OpenMind in the field of AI has raised 20 million dollars in investments led by Pantera Capital.
According to Foresight News, OpenMind, a company focused on infrastructure for intelligent machines, has completed a funding round of $20 million. The round was led by Pantera Capital with participation from Ribbit, Sequoia China, an undisclosed exchange, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, Amber Group, and a number of well-known angel investors. The funds raised will be used to expand the engineering team and collaborate w

What is happening?
Ethereum dominance is growing! $ETH long position!
The alt season is starting!
Be careful!
$XRP $SOL

🔥Top countries for living with cryptocurrency in 2025
🇰🇾Cayman Islands: No taxes, clear regulations.
🇦🇪UAE: Zero taxes on all crypto operations.
El Salvador: BTC is a legal means of payment, a BTC city is being built.
Germany: Zero taxes on storage for more than 12 months.
Portugal: Annual profit without taxes, significant benefits for residents.

Bitcoin whales purchased 30,000 BTC in two days.
Over the last two days, large holders of the first cryptocurrency have acquired 30,000 BTC, reported on-chain analyst Ali Martinez.
According to Santiment, over the past four months, whales with balances from 10 to 10,000 BTC have accumulated 0.9% of the total coin supply.
The accumulation of Bitcoin is offset by profit-taking from other large holders. Last week, one of the whales sold coins worth $9 billion with the assistance of Galaxy Digital.
Glassnode analysts noted that despite the large sell-off, most investors remain in profit. 97% of th

We waited! $TRUMP is preparing for an unprecedented rise📈
A source from the circle of institutional investors reveals: large funds and whales are increasing their positions in $ TRUMP, accumulating 25% of the circulating supply over the past 72 hours. Trading volumes on O.X and Bin..ce increased by 47%, while spot liquidity reached $320 million, signaling strong support at the $9.50 level.
We are observing how $BTC is consolidating at $117k, setting a bullish tone for the market, while $ETH at $3,700 shows a surge in DeFi activity, boosting overall optimism.
Technical analysis confirms a bull

Is it worth buying Pi Coin? An expert defends the slow progress of the Pi network.
Doctor Altcoin explains the slow growth of Pi by stating that the network unexpectedly grew from a few million users to more than 65 million in over 200 regions.
He admitted that he nearly abandoned the project after the delay of the Open Mainnet launch after December 2024.
The expert called for patience among the Pioneers, stating that the milestones of the Pi network confirm a broader long-term vision.

This is when Ethereum will be worth $1 million, according to Musk's neural network.
Elon Musk's neural network, Grok, made a prediction about Ethereum. Users of the social network X ( formerly known as "Twitter" ) asked the integrated AI when ETH would be worth $1,000,000. Grok provided an answer.
To the surprise of X users, the neural network soon changed its opinion on the prospects of Ethereum. Predictions from Grok for ETH have been compiled in one review.
Top 5 ways to buy Ethereum
User X under the nickname Elisa posted a post with a screenshot of Grok's response to the question of when t