Crypto Agenda – August 26, 2025
Profit-Taking Pushes Crypto Markets Lower
The cryptocurrency market started the week with a decline as profit-taking dominated investor sentiment. Bitcoin (BTC) is trading around $110,000 while the total market capitalization dropped to $3.87 trillion. Investor caution was fueled by U.S. President Donald Trump’s decision to remove Fed Governor Lisa Cook, raising concerns about the independence of the central bank.
In the last 24 hours, market cap fell by about 3%. Ethereum (ETH) trades at $4,426, Ripple (XRP) at $2.92, and Solana (SOL) at $188.94. Despite the decline, ETF inflows remained strong: on August 25, Bitcoin ETFs saw $219 million in inflows, while Ethereum ETFs recorded $444 million, signaling long-term confidence from institutional investors.
📌 Do you think these levels are a buying opportunity or the start of a deeper correction?
UAE Rises Among Top Bitcoin-Holding States
The United Arab Emirates (UAE) has emerged as a significant player in the crypto ecosystem. According to Arkham Intelligence, the country holds about 6,300 BTC worth $700 million, most of which were obtained through mining.
These reserves are primarily managed by Citadel Mining, majority-owned by International Holding Company (IHC). Since 2022, Citadel Mining’s Abu Dhabi facility has mined approximately 9,300 BTC.
With these holdings, the UAE ranks as the sixth-largest state Bitcoin holder:
- USA: 198,012 BTC
- China: 194,000 BTC
- UK: 61,245 BTC
- Bhutan: 11,286 BTC
- El Salvador: 6,246 BTC
- UAE: 6,300 BTC
In total, governments worldwide hold 517,000 BTC, representing about 2.4% of total supply.
➡️ The entry of states into Bitcoin reserves signals its growing role as a strategic financial asset.
Sequans Plans to Expand Bitcoin Reserves with $200M Stock Sale
French semiconductor company Sequans Communications filed for a $200 million stock sale program to boost its Bitcoin reserves. The company currently holds 3,171 BTC and targets 100,000 BTC by 2030.
CEO Georges Karam stated that the program aims to optimize treasury management and increase Bitcoin per share to deliver long-term value to shareholders. At current prices, the $200M sale would allow the purchase of approximately 1,814 BTC, raising Sequans’ total to nearly 5,000 BTC.
This move comes at a time when Bitcoin has fallen 11.6% from its $124,517 all-time high on August 14 to the $110,000 level, suggesting Sequans views the dip as a buying opportunity.
SEC Seeks Public Input on Staked Injective (INJ) ETF
The U.S. Securities and Exchange Commission (SEC) opened a 21-day public comment period on the proposed Staked Injective (INJ) ETF. The regulator has up to 90 days to decide on next steps.
If approved, the ETF will trade on the Cboe BZX Exchange and track Injective’s native token (INJ). With a market cap of over $1.4 billion, INJ was described as “less prone to manipulation.”
The interest in staking-focused ETFs has grown during Trump’s second term:
- VanEck applied for an ETF tracking JitoSOL.
- REX-Osprey integrated staking rewards in collaboration with JitoSOL.
This reflects the increasing convergence between traditional finance and DeFi.
Technical Analysis
Bitcoin (BTC)
BTC dipped to $108,672 intraday, now trading near $110,000. Key support lies at $110,000–$110,700. A breakdown could push BTC toward $109,000 – $107,000 – $105,000. Resistance levels sit at $112,000–$113,000, with upside targets at $115,000–$117,000 if broken.
On-chain data shows declining BTC reserves on exchanges and accumulation in long-term wallets, a bullish mid-term signal.
Ethereum (ETH)
ETH trades around $4,425 after hitting an ATH of $4,956 over the weekend. Growing staking deposits reduce liquidity and support price stability. Key levels: $4,600 support, $4,400 strong defense, $4,880 resistance, and $5,000 psychological target on breakout.
Ripple (XRP)
XRP trades at $2.92. Resistance is at $2.95, followed by $3.10 and $3.20. Support lies at $2.80, then $2.70. On-chain inflows to exchanges suggest short-term selling pressure, limiting XRP’s upside potential compared to BTC and ETH.
Conclusion
The crypto market correction reflects a mix of profit-taking, macroeconomic uncertainty, and political risk factors. Still, ETF inflows remain robust, signaling institutional trust.
- UAE’s Bitcoin reserves highlight state-level adoption.
- Sequans’ accumulation shows corporates treating BTC as treasury reserves.
- SEC’s staking ETF reviews indicate a deepening integration of crypto with traditional finance.
📌 Forecast: While short-term volatility may persist, institutional and sovereign adoption continues to strengthen the long-term bullish outlook for BTC and ETH. Investors should carefully monitor key support and resistance zones amid heightened volatility.
Legal Notice
The investment information, comments and recommendations contained herein are not within the scope of investment advisory services.Investment advisory services are provided within the framework of an investment advisory agreement to be signed between brokerage houses, portfolio management companies, non-deposit accepting banks and the client.The comments and recommendations contained herein are based on the personal opinions of those who make comments and recommendations.These opinions may not be suitable for your financial situation and risk and return preferences.Therefore, making an investment decision based solely on the information contained herein may not produce results in accordance with your expectations.