Cardano Price Breaks Key Resistance, Targets $1.20 Amid Governance Boost?

Bitcoin’s price has entered a consolidation phase, holding steady after its strong rally to new highs earlier this year. This “pause” is typical after big rallies, as traders take profits and new catalysts are awaited. Consolidation phases often precede major breakouts, making this a crucial period for both short-term traders and long-term holders. While traders debate whether the next move will be upward or downward, another critical metric is quietly surging: the Bitcoin network hash rate has been setting new all-time highs. This divergence between price and network strength has caught the attention of analysts and long-term investors alike.

Hash Rate Soars to Record Levels

In contrast to the sideways price action, Bitcoin’s hash rate continues to climb, reaching unprecedented levels. The hash rate measures the computational power securing the network—essentially the combined strength of all miners. A rising hash rate means more miners are dedicating resources, improving security and showing confidence in Bitcoin’s long-term profitability.

Historically, surging hash rate has often followed periods of price growth, as higher BTC prices attract new mining investment. Importantly, miners tend to think long-term, so continued growth in hash rate during price consolidation signals underlying optimism in Bitcoin’s future value.

Historical Perspective: Price Leads, Hash Rate Follows

Looking back, Bitcoin’s hash rate and price show a strong correlation—often above 70% on multi-year scales. However, the relationship isn’t perfectly aligned:

• Price usually leads, as higher profitability encourages new miners to join.
• Hash rate lags due to the time required to set up equipment and infrastructure.
• Divergences happen, such as during the 2021 China mining ban, which caused a sharp hash rate drop despite strong prices.

Still, whenever the hash rate kept climbing during price consolidation (e.g., 2019–2020), it was often a precursor to major bull runs.

What This Means for Bitcoin Today

The current setup—sideways price with record-high hash rate—can be interpreted as follows:

• Network Fundamentals Stronger than Ever: Bitcoin is more secure and resilient with each high hash rate.
• Miner Confidence Signals Long-Term Bullishness: Miners wouldn’t pour capital into hardware and electricity if they expected sustained price weakness.
• Potential Breakout Ahead: Historically, similar divergences have preceded major upward price movements.

Bitcoin Price Analysis: Will BTC Price Rise Back to $130K?

Although the price faces a minor correction, breaking the local support, the token remains within the pattern. Bitcoin bulls are leaving no stone unturned in defending the pivotal support around $116,500. Currently, the price has rebounded from the lows below $117,000; however, a rise above a certain range could validate a rise above the bearish influence.

A headline is making waves in the crypto world as Google reportedly acquires an 8% stake in Bitcoin miner TeraWulf in a $3.7 billion deal. Many in the crypto community are claiming that Google has officially entered the Bitcoin mining space.

So, what’s the truth behind the news? 

Here’s a detailed, fact-checked breakdown.

Where Did the News Come From?

On August 14, 2025, multiple well-known news outlets and many social media users reported that Google had acquired an 8% equity stake in TeraWulf, a publicly traded Bitcoin mining and digital infrastructure company.

Let’s break down exactly what happened, why it matters.

What Actually Happened?

1. The Deal’s Structure:

In an official announcement from TeraWulf, a company that signed long-term deals with Fluidstack, an AI cloud platform, to provide over 200 megawatts (MW) of computing power from its Lake Mariner data center in New York, one of the largest AI/crypto infrastructure pivots ever seen.

Google is not directly buying Bitcoin mining hardware or operating mines.

Instead, Google is providing a $1.8 billion financial backstop to help Fluidstack pay for its colocation agreements and capital needs. In exchange, Google receives warrants (rights to buy shares) for about 41 million TeraWulf shares—equaling around 8% of the company if fully exercised.

Why Is the Stake Important?

The deal instantly makes Google a top institutional player in the emerging overlap of AI computation and crypto infrastructure.

TeraWulf’s pivot reflects an industry-wide move from pure mining toward diversified high-profit workloads like AI training, which use the same power and cooling resources as crypto mining.

Summary Table: Coinpedia’s Evidence

Conclusion

Google’s 8% stake in TeraWulf came not from a direct crypto buyout, but as part of a high-stakes bet on the explosive intersection of AI and digital infrastructure.

The main focus of this partnership is on high-powered AI computing and hosting, not on increasing TeraWulf’s BTC mining operations.

TL;DR

120 million $XRP bought up by whales on the dip! pic.twitter.com/pU8BKXKRKx

— Ali (@ali_charts) August 15, 2025

Whales are among the most significant players in the cryptocurrency markets, as their moves are usually substantial and impactful. After all, they have the ability to shake the underlying assets with massive purchases or sales.

XRP investors could be hopeful in this regard as Ripple whales seem to be determined to acquire as much of the token’s circulating supply as possible, according to the most recent data.

As Ali Martinez shared, they accumulated over $360 million worth of XRP during the most recent dip. However, that’s not all, as they have been on a buying spree for the past few weeks. Asreportedbefore, they had purchased another 320 million XRP (valued at roughly $1 billion) in the span of just three days.

Such substantial acquisitions not only reduce the circulating supply but could also serve as an example to smaller investors that might follow suit and jump on the XRP bandwagon.

The price of Ripple’s token has calmed in the past few weeks after going through an explosive July. At the time, itsoaredfrom under $2.30 to mark a new all-time high in the middle of the month at over $3.65 before it slumped back down toward $2.70.

However, the past ten days or so have been less volatile as XRP has found itself in a tight range between $3.00 and $3.30. It tested the lower boundary on a couple of occasions in the past 36 hours, but the bulls stepped up and managed to defend it.

According to Martinez, the upper boundary is at $3.26, and a break above it could send the asset flying to a new all-time high of $3.90.

$XRP consolidates in a triangle! A break above $3.26 could send it to $3.90. pic.twitter.com/9MmLhcofSF

— Ali (@ali_charts) August 15, 2025

The greatly anticipated meeting at the highest levels between the presidents of the United States and Russia failed to reach a conclusion regarding a ceasefire between Ukraine and the world’s largest country by landmass.

Nevertheless, Trump said both parties made some good progress on a few points, while Putin categorized the meeting as a “starting point.”

This was the first time in almost a decade that the Russian leader set foot on US soil when he attended the UN General Assembly in New York City and met then-President Obama.

“There were many, many points that we agreed on … I would say a couple of big ones that we haven’t quite got there, but we’ve made some headway,” Trump said at a joint press conference.

Putin said the relationship between the two Great Powers has deteriorated to the “lowest point since the Cold War,” but noted that these talks can be considered a “starting point” for improving it.

Before the meeting, Ukrainian President Volodymyr Zelenskyy expressed disappointment that his country would not be represented, as many feared that a potential deal could compromise its sovereignty.

“Ukraine is ready to work as productively as possible to bring the war to an end, and we count on a strong position from America … A meeting of leaders is needed – at the very least, Ukraine, America, and the Russian side.”

Given the potential significance of the meeting, many expertsanticipated a volatile crypto market, especially since it took place after Wall Street had closed for the day.

However, this wasn’t the case. Bitcoin’s price had slipped ahead of the meeting to just under $117,000 but stopped its nosedive even as both parties failed to reach a peace conclusion. As of press time, BTC has neared $118,000 once again.

The cryptocurrency was impacted a lot more by the hot PPI data that came out the day before, as itdroppedfrom itsall-time high of $124,500to under $118,000 within hours.

Lemmy The Bat will get listed on XT.COM, a global crypto exchange. New listings often bring in new buyers, which can push the LBAI price up, at least for a short time. If there is strong interest from XT.COM’s users, the price may jump in the first hours or days. However, after the first excitement, prices may drop if traders sell for quick profit. Listings are usually big news for smaller tokens. Watch trading volume closely. More info here: source.

Flare is launching FAssets V1.2 after finishing a strong security check. Updates like this can help the price go up, because they show trust and growth. If the new version works well, more developers and users may use Flare. However, during the upgrade, some features will stop for about 8 hours, which could cause short-term worries. If the upgrade goes without problems, the price could move higher. But if there are bugs, some traders may lose trust. Read more here: source.