Guy Fawkes 
This Monday, crypto markets are pushing higher, with total market value rising 2.43% to more than $4.05 trillion. Bitcoin climbed 3.3% to break $122,000, leaving it just 1% shy of its record peak after a strong weekend run. Ethereum also moved higher for the second day in a row, reaching above $4,300, marking its highest price since late 2021. Could this be the sign of an upcoming altcoin season? What are the best crypto to buy right now?
EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
The rally spread across several sectors. NFTs led the charge, gaining 4.28% as Zora jumped 45.82% and Pudgy Penguins added 4.13%. DeFi advanced 1.79%, powered by double-digit gains in Lido DAO (+11.30%) and Ethena (+10.79%).
(ZORAUSDT)
ZORA has been in a strong uptrend, breaking above $0.13. The move represents a gain of nearly 45% in the last 24 hours, with momentum accelerating over the past two days. Immediate resistance is near $0.14, while short-term support is around $0.11–$0.12.
Sustaining above $0.13 could open the door for a push toward $0.15, but overextended conditions may trigger a possible pullback.
DISCOVER: What Palantir and Private Crypto Companies Don’t Want You to Know
Adding to the bullish sentiment, Arkham data revealed that Arthur Hayes increased his holdings over the past 24 hours, acquiring 1,500 ETH (about $6.35 million) along with several DeFi blue-chip assets: 425,000 LDO (around $557,000), 420,000 ETHFI (about $517,000), and 185,000 PENDLE (approximately $1.02 million).
According to Arkham, over the past 24 hours, Arthur Hayes increased his holdings of ETH and several DeFi blue-chip assets, including 1.5k ETH (worth approximately $6.35M), 425k LDO (around $557k), 420k ETHFI (around $517k), and 185k PENDLE (around $1.02M).https://t.co/11Bj3OA0lo
— Wu Blockchain (@WuBlockchain) August 11, 2025
Stay tuned for live updates on the latest developments about the crypto market.
Next Stop $0.25? Is Dogecoin Best Meme Coin to Buy This Week?
Dogecoin (DOGE) is the crypto whales’ target right now, as they accumulated over $200 million worth of tokens in just 24 hours. This surge of buying pressure briefly pushed the price from $0.22 to $0.246 before pulling back slightly to around $0.227. Currently trading near $0.228, DOGE is up 13% in the last week. Could this be the best meme coin to buy this week?
South Korean Investors Choose Crypto-Linked Stocks Over US Big Tech: KCIF Report
Why have South Korea’s retail investors shifted their overseas portfolios from US big tech to virtual asset-related stocks? Especially those tied to stablecoins? According to a recent report by the Korean Center for International Finance (KCIF), brought to light by the Korea Times on 11 August 2025, the shift in investor emotions is largely based on the US GENIUS Act.
Interestingly, the share of crypto related names among the top 50 net-bought overseas stocks by Koreans jumped from 8.5% in January to 36.5% in June, before easing to 31.4% in July this year.
Furthermore, net purchases of the top seven US big tech stocks fell from a monthly average of $1.68 billion (January- April) to $440 million in May, $670 million in June, and $260 million in July.
Strategy Buys 155 Bitcoins in Early August, Spending $18 Million
Strategy (former MicroStrategy) has added 155 bitcoins to its holdings between August 4 and August 10, purchasing at an average price of $116,401 per coin. The total investment for this latest accumulation amounts to approximately $18 million.
As of August 11, 2025, Strategy holds a total of 628,946 BTC, acquired at an average price of $73,288 per coin. The total investment amounts to about $46.09 billion, underscoring the firm’s position as the largest corporate holder of Bitcoin.
Vitalik Buterin, ETH Founder, Critiques AI’s Focus on “Agentic” Models, Calls for More Human Input
Ethereum co-founder Vitalik Buterin recently shared his concerns about the AI industry’s push toward highly autonomous, or “agentic,” models. He argues that giving humans more control and input in AI processes leads to safer and higher-quality results.
Buterin expressed greater enthusiasm for open-weight AI models that emphasize strong editing and refinement capabilities, rather than those designed solely for autonomous creation. He believes such models allow humans to guide outputs more effectively.
Looking to the future, Buterin envisions a brain-computer interface (BCI) that can sense real-time user feedback while generating content and adjust its output accordingly. This, he suggests, would create a more interactive and responsive AI experience.
Is PI Crypto Heading Into Recovery? 20SMA Reclaimed or Dead Cat Bounce?
PI crypto is up 14% on a 7-day timeframe, and several technical analysis indicators have also flipped to ‘buy’ territory, leading many investors to feel like a mega breakout is imminent.
However, PI has slipped 3.5% overnight, potentially indicating that the recent bullish price action was a dead cat bounce and more downside is yet to come.
Bitcoin Again above $122K, Overtakes Amazon as Ethereum ETF Inflows Hit $2B
From August 4 to August 8, spot Bitcoin ETFs brought in $247 million, with BlackRock’s IBIT leading at $189 million. Spot Ethereum ETFs attracted $327 million in the same period, extending their streak to 13 consecutive weeks of net inflows. Ethereum ETFs gained a massive $2.03 billion. Despite Bitcoin’s market cap being nearly five times larger than Ethereum’s, ETH’s recent ETF performance is drawing attention.
Bitcoin has just broken $122,000, overtaking Amazon to rank as the sixth-largest asset globally, holding a 59.8% market share.
Ethereum holders who entered at $1,300–$1,400 earlier this year are also enjoying strong gains.
The post Latest Crypto News, August 11 – Bitcoin Crosses $122K, Ethereum Marks 3-Year High: Best Crypto To Buy? appeared first on 99Bitcoins.
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