📉 BTC & ETH ETFs see $1 billion outflows in a single day
Welcome to the Daily for Thursday, August 21, 2025 ☕️
Hello Cointribe! 🚀
Today is Thursday, August 21, 2025, and as every day from Tuesday to Saturday, we bring you a summary of the last 24 hours of news you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
☀️ Sunny
24h crypto recap! ⏱
📉 Bitcoin and Ethereum ETFs record nearly $1 billion in outflows in 24h
Spot ETFs saw ≈ $945M in withdrawals on August 19 (BTC: $523M; ETH: $422M), with most outflows coming from Fidelity and Grayscale, while IBIT (BlackRock) remained almost neutral. Over three days, negative flows reached ≈ $1.3B in a market already weakened by falling prices.
👉 Read the full article
🟪 Pump.fun regains leadership among Solana launchpads, boosted by memecoins
The platform recovered 73% market share in August and reported $13.48M last week, with $4.68B in volume, 1.37M traders, and 162,000 new tokens. LetsBonk lags far behind ($974M in volume and ≈ 6,000 tokens), confirming Pump.fun’s strong network effect.
👉 Read the full article
🏛️ Polkadot launches “Polkadot Capital Group” to attract Wall Street
Polkadot Capital Group aims to tokenize traditional assets for banks and funds to connect Wall Street to Web3. Its new division, led by David Sedacca, offers institutional staking, DeFi solutions, and exchange infrastructure.
👉 Read the full article
🤖 Ethereum prepares a future where millions of AI agents trade without intermediaries
Ethereum has just introduced ERC-8004 “Trustless Agents,” a standard that organizes identity, reputation, and on-chain validation to allow AI agents to transact without intermediaries. The standard complements the A2A protocol and paves the way for massive agent deployments on the network.
👉 Read the full article
Crypto of the Day: Theta Network (THETA)
🧠 Innovation and Added Value
Theta Network revolutionizes video streaming through a decentralized Content Delivery Network (CDN). Users share their bandwidth and resources to distribute content, reducing reliance on costly centralized infrastructures.
The network runs on two tokens: THETA, used for staking and governance, and TFUEL, which powers transaction fees and rewards. This approach optimizes streaming quality while enabling new applications in Web3, e-sports, and the metaverse.
💰 The THETA Token: Utility and Holder Benefits
THETA plays a central role in governance and network security. Holders can stake it to support nodes, participate in protocol decisions, and earn rewards. Together with TFUEL, it sustains an economy that strengthens user participation and pioneers an innovative model for decentralized video delivery.
📊 Real-Time Performance (August 21, 2025)
Current Price: $0.7912 USD
24h Change: +1.9 %
Market Cap: ≈ $791 million USD
CoinMarketCap Rank: #94
Circulating Supply: ≈ 1,000 million THETA
24h Trading Volume: ≈ $28.3 million USD
Bitcoin: Manipulation Suspicions After Unexpected Drop
The Bitcoin market experienced a sharp move yesterday. The price fell to $112,700, its lowest level in nearly three weeks. This sudden decline has reignited suspicions of orchestrated maneuvers by major players. While some analysts point to suspicious behaviors, others see it as a classic technical dynamic.
Anomalies in the Order Books
On August 20, Bitcoin dropped significantly, reaching a 17-day low. The move drew attention due to unusual activity in the order books. Well-known entities, nicknamed Spoofy the Whale and Notorious B.I.D., are suspected of influencing the market.
Daan Crypto Trades observed significant liquidity absorption at several levels. Zones around $112,000 and $120,000 concentrated major volumes. Meanwhile, Keith Alan (Material Indicators) pointed to a liquidity block at $105,000. This may have been used to shape price expectations without any actual orders being executed.
Concrete proof is lacking, but signals keep repeating. Some analysts believe these actions are enough to distort market balance, even without direct trades.
A Technical Reading and the Wait for Jackson Hole
Other voices reject the manipulation narrative. TheKingfisher, a derivatives specialist, sees it as a classic pullback. According to him, such corrections serve to trigger leveraged position liquidations.
The drop may also be explained by investor caution. Jerome Powell’s upcoming speech at Jackson Hole fuels uncertainty. A monetary policy announcement could shift risk appetite and affect cryptocurrencies.
Both views are not mutually exclusive. A natural correction can coincide with opportunistic moves. In a sensitive market, every factor weighs in, and some know how to profit from turbulence.
The coming hours may bring clarity. Bitcoin’s behavior remains unpredictable, torn between influential players and the classic dynamics of a market searching for direction.
