The News Tribune Weekly!
Great to have you here for another edition of our weekly newsletter, where we explore the most relevant and fast-moving topics shaping our economic and digital world.
Without further ado, let’s move on to point 1!
Altcoins Show Signs of a Potential Momentum Shift
The cryptocurrency market has remained under pressure for months, with altcoins bearing much of the impact as investor interest and liquidity have weakened across the sector. Despite the prolonged downturn, some analysts believe the altcoin market could be approaching an important turning point as several technical indicators begin to improve.
Crypto analyst Michaël van de Poppe recently highlighted the conditions that could signal a broader recovery for altcoins. According to his analysis, sustained momentum could emerge when several bullish signals appear together rather than through a single market movement.
Key Signals Analysts Are Watching
Van de Poppe identified multiple strong bullish divergences on higher timeframes, including the daily, three-day and weekly charts, as one of the major signals to monitor. He also pointed to a break above the 21-day and 50-day moving averages, which could indicate that selling pressure is beginning to weaken.
Another important development would be the formation of the first higher high and higher low following an extended downtrend. This would suggest that market structure is changing in favor of buyers. Rising trading volume would further strengthen the signal by showing increased participation behind the move.
Van de Poppe noted that several altcoins are already displaying some of these characteristics, specifically mentioning AAVE, UNI and PUMP. He believes that if more assets begin showing similar patterns, the resulting momentum could become significantly stronger across the broader altcoin market.
Is Altseason Starting Again?
Technical analyst and chart commentator Cryptollica offered a similarly optimistic perspective, arguing that altseason may not be as far away as some investors believe. In a recent X post, the analyst pointed to TOTAL3/BTC, a metric that tracks the combined market capitalization of major altcoins relative to Bitcoin.
According to Cryptollica, TOTAL3/BTC is approaching a long-term support area comparable to levels associated with the beginnings of the 2017 and 2021 altseasons. The analyst also highlighted a prolonged period of compression between rising support and falling resistance.
If that structure eventually breaks upward, Cryptollica believes the move could represent more than a temporary rebound. Instead, it could mark a major shift after years of consolidation and potentially signal the beginning of a new phase for the altcoin market.
📊 XRP ETFs Keep Attracting Money, but the Token Is Losing Momentum
XRP’s investment products are still showing signs of strength, but the token itself is telling a more cautious story. Spot XRP ETFs have now posted a fourth straight week of net gains, suggesting that investors have not completely lost interest. However, the pace of new money entering these products has slowed sharply in August, while XRP has slipped toward the psychologically important $1 level.
💰 XRP ETFs extend their winning streak
July proved to be a relatively strong month for XRP ETFs. After beginning the month with more than $7 million in withdrawals, investor demand returned over the following three weeks, bringing in $6.78 million, $8.15 million, and $14.86 million, respectively.
Together, those moves gave XRP ETFs a $27.29 million net inflow for July. That was enough to extend their positive run, even as Bitcoin and Ethereum-related products experienced heavier pressure earlier in the year.
The momentum, however, has started to lose steam. During the first few sessions of August, XRP ETFs attracted only around $1 million, and two of the five observed trading sessions recorded no net movement. One session also saw approximately $3.58 million leave the products, highlighting how quickly investor enthusiasm can change.
📉 XRP approaches the $1 danger zone
While ETF demand remains positive, XRP’s price performance is becoming harder to ignore. The token recently slipped toward $1.04, bringing it close to the $1 support level that traders are now watching closely.
Holding that level could give XRP room to recover, particularly if ETF inflows begin accelerating again. A move back above $1.05 could provide additional confirmation that buyers are regaining control. On the other hand, continued weakness around the $1 mark could increase concerns about further downside.
The postponement of the US Senate vote on the CLARITY Act has also added another layer of uncertainty to the market.
🔎 ETF strength meets price weakness
For now, XRP is caught between two conflicting signals. Investment products continue to attract capital, but those inflows have become much smaller, while the token itself is testing a critical price area.
That makes the next few sessions particularly important. A stronger return of ETF inflows alongside a sustained move above $1.05 could improve the recovery case. If demand remains weak and the $1 support fails, however, the market could become significantly more cautious.
Weekly Recap: The Headlines That Made a Splash!
Like every Monday, here’s your pick of last week’s crypto news that you absolutely shouldn’t have missed!
However, if you’re the type who likes to stay updated every day, we’ve got just the thing for you. We’ve set up a Daily on our Substack. In just five minutes, you’ll be fully in the loop on everything happening in the crypto world! 😎
💵 Local stablecoins may be strengthening the dollar, IMF says
Local-currency stablecoins are designed to reduce dependence on the dollar, but their use on blockchains shared with USDT and USDC can make conversion into dollar-backed tokens easier. On networks such as Ethereum and Tron, users can exchange local stablecoins for USDT or USDC through decentralized exchanges. The IMF points to markets where dollar-backed tokens are preferred for their liquidity and international acceptance. In emerging economies, USDT has also become widely used for cross-border transactions and as protection against inflation and unstable local currencies.
👉 Read the article
₿ Bitwise sees trillions of dollars moving toward Bitcoin
Bitwise expects thousands of billions of dollars to flow toward Bitcoin over the next decade as institutional adoption expands. Its model considers a global institutional capital pool estimated at $100 trillion to $200 trillion and assumes that a 1% allocation to Bitcoin could support a price of $1.3 million by 2035. The projection also assumes Bitcoin captures 25% of an expanding store-of-value market.
👉 Read the article
🚀 Michael Saylor says Bitcoin can move forward without CLARITY
The US Senate has postponed the CLARITY Act vote until September amid political divisions over the bill. Michael Saylor responded by arguing that Bitcoin does not need the legislation to continue operating and developing. At the same time, he maintains that clear regulation is important for companies and financial institutions considering digital-asset allocations. The bill addresses crypto market structure, investor protection and the responsibilities of federal regulators.
👉 Read the article
🤝 Trump Media drops key parts of its Crypto.com partnership
Trump Media, Crypto.com and Yorkville Acquisition have ended the project to create a listed company focused on accumulating and staking CRO. The planned structure, previously presented as a $6.42 billion operation, has been abandoned without a replacement timeline. The companies have also ended a separate agreement under which Crypto.com was expected to provide services for certain Yorkville America ETFs. Trump Media continues to hold Bitcoin and other digital-asset initiatives.
👉 Read the article
📈 Bitcoin nears record active-address levels after Coldcard panic
Bitcoin recorded 967,546 active addresses on July 31, the highest level since December 2024 and 54% above July's monthly average. The surge followed a major Coldcard security incident involving a flaw in the random-number generator on older devices. More than 100 million dollars in Bitcoin was reportedly stolen, including 70 million dollars in a 41-minute operation. Exchange-held Bitcoin also increased by 22,135 BTC over five days as holders moved funds amid the panic.
👉 Read the article
🏛️ US Senate postpones CLARITY Act vote until September
The US Senate has postponed the CLARITY Act vote until September after negotiations failed to produce enough support. Democrats continue to seek changes to ethics and conflict-of-interest provisions, while Republican senators have also demanded modifications concerning the banking sector. The bill requires 60 votes to clear the Senate. Senate Majority Leader John Thune said the legislation would return to the agenda after the summer recess.
👉 Read the article
⚖️ Perplexity wins first court battle against Amazon
Perplexity has won an important legal battle against Amazon after the Ninth Circuit Court of Appeals overturned an injunction targeting its AI assistant. The judges found that users, rather than Perplexity, access Amazon's servers when using the Comet browser. The ruling concerns Amazon's claims under the Computer Fraud and Abuse Act. The case is not over: Amazon's trademark and California-law claims remain, and the company is considering further legal action.
👉 Read the article
🤖 Meta enters the AI coding race with low-cost Muse Code
Meta launched Muse Code in beta on August 5 as its first coding AI agent, powered by the Muse Spark 1.2 model. The terminal-based tool is designed to plan changes, write code and verify results across large repositories. On Terminal-Bench 2.1, it scored 82.9%, compared with 86.7% for Claude Code on Opus 5 and 81.8% for Codex on GPT-5.6 Terra. Meta emphasizes Muse Code's ability to log actions and resume after crashes.
👉 Read the article
That’s the end of our weekly roundup! 😄
A big thank you for reading. We’ll see you next Monday with even more juicy news from the crypto world!
The Newsletter does not provide investment advice, nor does it offer recommendations to buy or sell financial securities. Any opinions or views that the Newsletter may express in the course of its research activities, particularly regarding markets and/or financial instruments, cannot be held financially liable. Any paid promotions will always be clearly indicated so as not to mislead the reader.
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