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Funex's Journey Begins with Research & Concept Creation
The Initial Website & Whitepaper got Designed
Funex Coin Development began on Quark Algorithm
Bitcointalk Forum got Released & Quark-Based Coin Ready for Beta Testing
Funex Mobile & Web Wallet Development Started
Funex Coin Deployed on Binance Smart Chain (BEP20)
Funex Coin Deployed on Ethereum (ERC20) & Tron Blockchain (TRC20)
Funex Coin Listed on SunSwap (Decentralized Exchange)
Funex TRC20 Token Listed on VinDAX (Centralized Exchange)
Funex New website design
Multichain Wallet Development Started
Funex Coin Ecosystem Developed
Funex Coin Staking Program Introduced & Mobile Wallet Upgraded
New Blockchain Support Added Including BTC, ETH, LTC, BNB, DOGE, DASH, etc.
Funex Pro Development Started
3rd Sept. - Funex Listing on Localtrade
5 Sept - 25 Sept Funex Coin IEO on Coinsbit
Coinsbit Listing - 30 Sept. 2022
Funex Company Legal Incorporation Started
Funex Airdrop 10th - 15th
Funex Coin ICO
Funex Pro Launch
BNB & Polygon Chain Integrated
40+ New Coin Support Enabled
Funex Bitmart
Funex Centralized Exchange Development
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The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest data shows that this latest price decline seen across the digital asset market could have been predicted. This conclusion is based on recent crypto activity on the world’s largest search engine, Google. Is The Crypto Bull Cycle Over? In an August 29 post on social media platform X, Alphractal founder and CEO Joao Wedson revealed that crypto-related searches on Google have surged to new highs in recent days. According to the on-chain data expert, this recent spike in Google searches suggests that Bitcoin and the broader crypto market might have reached a new local top. Related Reading: Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation This revelation is based on the Google Trends chart, which allows investors to assess the social engagement of different crypto-related topics on the search engine. As shown in the chart below, the metric compares various subjects, including cryptocurrency, Bitcoin, altcoins, centralized exchanges, and data aggregation platforms. As observed in the highlighted chart, the Google Trends metric recently witnessed a significant surge, suggesting increased public attention across multiple crypto topics. According to Wedson, spikes of this kind have historically coincided with whales entering the market to sell while “everyone is obsessed.” Moreover, the cryptocurrency market has often shown in the past its tendency to move in the crowd’s opposite direction. These trends explain the price decline witnessed by most digital assets in the past few days, as the market has seemingly reached a new local top. Wedson, however, noted that other on-chain signals say that the latest euphoria-driven market downturn doesn’t necessarily spell the end of the current bull cycle. “Think back to BTC hitting $124K—euphoria peaked online, whales sold aggressively, and we went short,” the Alphractal founder added. Wedson then advised investors to exercise caution when euphoria hits the crypto market, as it could hint at the imminence of a local top. The crypto analyst said that a better strategy would be to smartly exit the market at a high price and reenter at a cheaper rate later. Total Crypto Market Cap At $3.7 Trillion As of this writing, the total crypto market capitalization sits just above $3.7 trillion, reflecting an almost 4% decline in the past day. According to data from TradingView, more than $142 billion has been drained out of the crypto market in the last 24 hours. Related Reading: Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak Featured image from Shutterstock, chart from TradingView
Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi.
Yesterday, Bitcoin’s total hashrate ran hot, topping out at 986 exahashes per second (EH/s); since then, it has leapt into the 1 zettahash range (ZH/s). If that computational might holds, the zettahash era could become a normal fixture going forward. Zettahash Vibes: Bitcoin Hashrate Roars to a One-Sextillion-Hash Pace Bitcoin’s hashrate is humming at a
Web3 startups raised $9.6 billion in venture funding during the second quarter of 2025, making it the second-largest quarter on record, even as the number of deals fell to multi-year lows, according to a new report by Outlier Ventures . The research by the London-based venture capital firm could present a maturing market in which investors are putting more money into fewer projects. The findings suggest that Web3 fundraising is evolving from hype-driven activity toward targeted, durability-focused investment, with investors favoring foundational infrastructure and proven teams over volume. Only 306 deals were disclosed in the quarter, the lowest since mid-2023, but the median deal size rose across every stage. Outlier said this reflects a shift from broad, speculative investing to strategic, high-conviction allocations. Series A funding, which had slowed sharply during the bear market, staged a comeback. The median Series A round grew to $17.6 million, with 27 deals totaling $420 million, the largest since 2022. Seed funding also picked up, with a median size of $6.6 million. Token fundraising painted a split picture. Private token sales raised $410 million across just 15 deals—their strongest showing since 2021, while public token sales slumped 83% to $134 million, underscoring waning appetite for retail-focused offerings. Sectors such as cryptocurrency infrastructure, mining and validation, and compute networks saw the largest rounds, with medians ranging between $70 million and $112 million. Consumer-facing sectors, such as marketplaces, trailed significantly. “Capital is consolidating around the projects that can provide the rails for the next phase of adoption,” Outlier wrote, adding that infrastructure-first bets are viewed as “indispensable” to Web3’s long-term growth.
XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead pushing downwards below it. Price action on the 4-hour chart shows the token moving within a downward structure, and it broke below $2.9 in the past 24 hours. It is within this context that crypto analyst DustyBC Crypto shared a bearish outlook, pointing out that XRP has not yet reached its first downside target and warning that more decline could still unfold before it enters any new uptrend. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock XRP Wave 4 Correction In Progress According to crypto analyst DustyBC Crypto, XRP’s recent moves are part of a broader corrective structure. In his latest update shared on the social media platform X, he explained that the XRP/USD pair has yet to reach its first bearish target, which he identifies as part of a larger wave 4 correction. The analysis is based on the Elliott Wave structure, which is characterized by three bullish and two corrective impulse waves. Notably, the analyst’s Elliott Wave count shows that XRP has been playing out a corrective Wave 4 move since it peaked at a new all-time high price of $3.65 on July 18, a move that ended the Wave 3 impulse. Based on the Elliott Wave theory, Wave 4 is a brief correction move after Wave 3 just before another bullish Wave 5. Interestingly, the XRP price has declined by about 22.5% since it reached this all-time high. DustyBC’s analysis has been following this downtrend move in a series of technical analyses that goes as far back as mid-August. According to DustyBC, XRP’s price is expected to continue dropping before eventually setting up for a bullish wave 5 recovery. The chart shared by the analyst indicates that XRP could continue to decline until it reaches the $2.65 to $2.60 price range before Wave 4 eventually bottoms out. Long-Term Perspective Is Positive Despite the bearish short-term forecast, DustyBC noted that the overall outlook for XRP is bullish. He admonished traders not to rush into positions if they are not comfortable with short trades, and long-term holders should instead view the current weakness as discount territory to accumulate more XRP. XRP has struggled to maintain upward momentum in the past few days, and this lends voice to the notion of a corrective Wave 4 movement. As shown in the 4-hour chart above, XRP was rejected at the $3 price level some days ago, and this has led to a further decline in the past 48 hours. Related Reading: A New Vision For Money: Hoskinson Predicts Bitcoin Will Hit $10 Trillion Nonetheless, the long-term outlook is bullish, and a Wave 5 bounce could lead to a push to new all-time highs above $3.65. The decisive test now lies in whether XRP can hold support around $2.6 if it reaches there before positioning itself for the next wave higher. At the time of writing, XRP is trading at $2.80, down by 1.4% in the past 24 hours. Featured image from Unsplash, chart from TradingView
River says individuals still own the majority of bitcoin. The U.S.-based bitcoin financial services firm revealed ownership distribution research dated Aug. 25, 2025 in a recent post on X . The study groups supply into categories and shows the share River attributes to each, using public filings, custodial address tagging and earlier blockchain research. River estimates individuals control about 65.9% of circulating BTC, or 13.83 million coins. This bucket includes self-custodied wallets and exchange accounts River classifies as individual. On the institutional side, River divides holdings into businesses and ETFs and funds. Businesses — a global category covering corporate treasuries and conventional firms that report bitcoin holdings — account for about 6.2% of supply, or 1.30 million BTC. ETFs and funds — spot ETFs and investment vehicles that custody coins for clients — control about 7.8%, or 1.63 million BTC. Governments are shown at about 1.5%, or 306,000 BTC, based on sovereign addresses River tracks from public sources. Two special categories round out the distribution: Lost bitcoin makes up about 7.6%, or 1.58 million BTC. River says this is inferred from age heuristics showing coins that have not moved for many years and are likely unrecoverable. Satoshi/Patoshi holdings are pegged at about 4.6%, or 968,000 BTC, based on earlier research into early-era mining patterns. Finally, about 5.2% of the supply, or 1.09 million BTC, has yet to be mined before the hard cap of 21 million is reached. In plain terms, River’s research is an attempt to map who holds bitcoin today, not to forecast future prices. The estimates are not definitive, since custodians aggregate many clients, some wallets are misclassified and ownership can be opaque. River’s conclusion is that individuals still dominate holdings, but the institutional share is expanding, helped by the growth of ETFs and companies that now treat bitcoin as a balance-sheet asset.
River says companies are taking in far more bitcoin each day than miners create. The U.S.-based bitcoin financial services firm, which runs brokerage and mining operations and publishes research, released a Sankey-style flow infographic dated Aug. 25 in a post on X . In this layout, outflows are shown on the left, inflows on the right, and the thickness of each line represents the size of the net daily movement. River defines “businesses” broadly. The category combines bitcoin treasury companies — firms such as Strategy that publicly hold BTC — with conventional companies that keep bitcoin on their balance sheets. Based on public filings, custodial address tagging and its own heuristics, River estimates that about 1,755 BTC per day flow into business-controlled wallets. By comparison, River calculates new miner supply at about 450 BTC per day in 2025. That figure reflects the April 2024 halving, which cut the block subsidy to 3.125 BTC per block. With bitcoin blocks averaging one every 10 minutes — about 144 per day — the result is roughly 450 BTC in new issuance daily, though the exact number fluctuates slightly as block times vary. That math is the basis for River’s claim that companies are absorbing bitcoin at nearly four times the rate it is mined. The infographic shows other large institutional inflows as well. Funds and ETFs account for about 1,430 BTC/day in net inflows, which further boosts total absorption compared with new issuance. Smaller streams go to “other” entities (about 411 BTC/day) and governments (about 39 BTC/day). River also records a small but steady flow into “lost bitcoin” (about 14 BTC/day), representing coins that the firm judges to be permanently inaccessible, such as through key loss. On the other side of the ledger, individuals appear as the largest net outflow at about –3,196 BTC/day. River stresses that this does not necessarily mean retail investors are dumping coins. Rather, it reflects bitcoin moving from addresses the firm classifies as individual-held into those it tags as institutional. River says the takeaway is simple: when inflows to businesses and funds exceed new issuance from miners, available supply tightens. Still, the firm cautions that the infographic should be read carefully. First, the figures are estimates, not an exact census of the blockchain. River relies on a mix of wallet tagging, public disclosures and external databases, which may miss some holdings or misclassify certain addresses. Second, net inflows do not always equal direct spot buying. A business wallet showing +1,755 BTC per day could reflect OTC transactions, custodial transfers or treasury reshuffling, not just exchange purchases. For readers unfamiliar with flow diagrams, the point is this: the lines show where coins are ending up on balance, not every trade or transfer in the system. If more coins consistently end up in business, fund and government wallets than miners are producing, River argues that institutions are tightening supply at the margin. River’s snapshot is not a price forecast, but it illustrates how ownership patterns may be shifting. If businesses and funds continue to absorb more than miners produce, the firm argues, institutions could play a larger role in shaping bitcoin’s supply dynamics.
On Friday, bitcoin and ethereum exchange-traded funds (ETFs) bled $291.28 million in net redemptions, capping the week with a bruising close. ETF Exodus Caps a Bruising Week Statistics gathered from sosovalue.com show U.S. ethereum-focused ETFs logged $164.64 million in net withdrawals to finish the week. The day’s biggest pullbacks came from the Grayscale Ethereum Mini
The Bitcoin price never really caught a break over the past week, falling below the $110,000 mark by Tuesday, August 26. While it looked set to make a strong comeback, jumping back above $113,000 on Thursday, the flagship cryptocurrency is now struggling around a new multi-week low of around $107,500. This recent price decline has sparked conversations around the BTC bull cycle potentially reaching its peak, especially considering the market is currently dominated by euphoria. However, a crypto analyst on social media platform X has come forward with an audacious prediction for the Bitcoin price over the next few months. BTC To Reach Cycle Top In December 2025: Analyst Crypto analyst Frank Fetter—after a renowned American economist—took to the X platform to submit an exciting and bold prediction for the price of Bitcoin in the remaining months of 2025. According to the online pundit, the Bitcoin price could reach as high as $256,000 in this cycle. Related Reading: Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Level Doesn’t Hold This positive projection is based on the Bitcoin Index Performance Since Cycle Low, which assesses the performance of the BTC price in various 4-year cycle periods. This metric reflects the cyclical nature of the largest cryptocurrency market. While many reports are predicting the cycle theory to be dead, this particular chart shows that Bitcoin has yet to even complete the current bull cycle in the first place. As observed in the highlighted chart, the Bitcoin Index Performance data suggests that the Bitcoin price, in the past two cycles (2015 – 2018 and 2018 – 2022), reached its peak around 1,100 days after hitting its cycle low. The premier cryptocurrency grew by 110x and 21x in these 2015 – 2018 and 2018 – 2022 cycles, respectively. With the market leader currently up by over 7x from its last cycle low and around 100 days away from the historical top, Fetter projects the price of BTC to reach as high as $256,000 based on the 2018 – 2022 fractal. If this history does repeat itself, it means the flagship cryptocurrency would have grown 16x by the end of this cycle. According to the analyst, the Bitcoin price could reach this target as early as December 3, 2025. This potential leg up would represent an almost 140% move from the current price point for BTC. Bitcoin Price At A Glance As of this writing, the price of BTC stands around $108,301, reflecting a nearly 4% decline in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is down by more than 7% is the last seven days. Related Reading: Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak Featured image from iStock, chart from TradingView
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