After a BlockFi investor withdrew an objection filed in February, a judge 
appeared to clear the way for the next step in a settlement of a class-action 
lawsuit.

US court signs off on $13M BlockFi settlement after objection withdrawn

BNB rose sharply amid a crypto rally triggered by Jerome Powell speech

BNB hits new ATH as cryptocurrencies rally post-Powell speech

Bitcoin and Ethereum prices climbed to intraday highs on Aug. 22, 2025, after 
Federal Reserve Chair Jerome Powell hinted at the possibility of interest rate 
cuts during his Jackson Hole address. The two leading cryptocurrencies rallied 
alongside growing optimism for a potential September policy shift, with Powell 
calling the move timely in light of economic […]

Bitcoin and Ethereum Surge to Intraday Highs Amid Fed Rate Cut Signals

Tron (TRX) has entered a period of consolidation following its impressive 
surge to multi-year highs last week. After strong momentum carried prices 
upward, the market is now moving in a tighter range, reflecting a phase of 
recalibration. Despite this pause in price action, the overall structure 
remains bullish, with higher lows and strong resilience from buyers supporting 
the trend. Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just 
Catch The Bottom? Fundamentals continue to play a significant role in driving 
Tron’s growth. The network’s expanding footprint across decentralized 
applications, payments, and stablecoin transactions has reinforced confidence 
among both retail and institutional participants. This resilience has allowed 
TRX to maintain upward momentum even amid broader market volatility. Data from 
CryptoQuant suggests that the current phase may represent more than just 
consolidation. The metrics point to conditions aligning with the formation of 
a local bottom region, often a precursor to renewed upward movement. As buyers 
gradually regain dominance and selling pressure begins to fade, analysts 
highlight the potential for TRX to extend its bullish trajectory. Tron Spot 
Market Signals Local Bottom According to CryptoQuant analyst Burak Kesmeci, 
the Spot Taker CVD (Cumulative Volume Delta) has been a highly reliable tool 
for gauging buyer-seller dominance in the Tron (TRX) spot market over the past 
year. This indicator tracks whether aggressive buyers or sellers are 
dominating trades, and its historical performance has produced accurate 
signals for major price shifts. One notable example was during 
November–December 2024, when buyer pressure clearly strengthened. The Spot 
Taker CVD confirmed this shift, and TRX surged by more than 180% in just a few 
weeks. This case highlights the indicator’s ability to capture market dynamics 
at critical turning points. Fast-forward to August 2025, and the CVD is once 
again sending important signals. On August 13, 2025, seller dominance reached 
its highest point in the past year, marking extreme pressure in the market. 
However, since then, that dominance has begun to weaken, suggesting that 
selling momentum is fading. Historically, such conditions often precede a 
local bottom formation as selling exhaustion gives way to renewed buying 
activity. Kesmeci points out that the current setup indicates bulls may be 
regaining strength. If this trend continues, TRX could be on the verge of 
another strong leg upward. The coming days will be critical, as confirmation 
of weakening sell pressure may open the door for a renewed rally, further 
extending Tron’s bullish market structure. Related Reading: Bitcoin Retail 
Transfers Collapse: Lowest Since Bull Market Peak In 2021 TRX Consolidates 
Below Key Levels The daily chart of TRON (TRX) shows the asset consolidating 
near $0.3567 after reaching new multi-month highs earlier in August. Despite 
recent pullbacks, TRX continues to trade well above its key moving averages, 
with the 50-day SMA at $0.3238, the 100-day SMA at $0.2990, and the 200-day 
SMA at $0.2693. This alignment reflects a strong bullish structure, as the 
short-term averages remain stacked above the longer-term ones, confirming that 
momentum is still in favor of the bulls. The recent consolidation just below 
$0.38 suggests that TRX is pausing after a strong rally rather than reversing. 
Price action is holding above the 50-day SMA, which is now acting as dynamic 
support. If buyers manage to push the price above the recent highs, the next 
target could be the psychological $0.40 level, with potential continuation 
toward $0.45. Related Reading: Ethereum Demand Holds Despite Pullback: New 
Whales Enter With $192M Buys On the downside, a failure to hold above $0.32 
would expose TRX to deeper corrections, with the 200-day SMA near $0.27 
serving as a key long-term support. TRX remains in a bullish trend, with 
consolidation signaling a potential base for the next leg upward. Bulls need 
to maintain support above $0.32 to keep momentum intact. Featured image from 
Dall-E, chart from TradingView

TRON Spot Market Signals Relief – Seller Dominance Weakens After Cycle High

The creators of the animated comedy South Park took a dive into artificial 
intelligence (AI), spotlighting entrepreneur and U.S. Crypto Czar David Sacks 
gifting U.S. President Donald Trump a bitcoin. South Park Roasts Tech Titans, 
Trump, and Crypto With AI-Fueled Parody The newest South Park episode, 
“Sickofancy,” centers on Randy Marsh and his Tegridy Farms […]

Cryptocurrency price in MYR