{"id":44739,"date":"2025-08-29T11:31:45","date_gmt":"2025-08-29T11:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44739"},"modified":"2025-08-29T11:31:45","modified_gmt":"2025-08-29T11:31:45","slug":"live-today-crypto-news-august-29-15-billion-bitcoin-and-ethereum-options-expire-binance-futures-goes-offline-chainlink-and-pyth-compete-for-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44739","title":{"rendered":"[LIVE] Today Crypto News, August 29 \u2013 $15 Billion Bitcoin and Ethereum Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Compete for Best Crypto to Buy Now"},"content":{"rendered":"<div>\n<p>Why is crypto going down today? Friday, August 29, marks a critical day for the crypto markets as Binance Futures suddenly went offline while a massive $15 billion in Bitcoin and Ethereum options contracts are set to expire. The Bitcoin options market shows a put\/call ratio of 0.79, with the \u201cmax pain\u201d level at $116,000 and open interest heaviest at $140,000. Ethereum contracts show similar bullish momentum, with a put\/call ratio of 0.76 and max pain at $3,800.<\/p>\n<p>With traders already bracing for turbulence, the outage adds further uncertainty \u2014 and it has many asking what could be the best crypto to buy now.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: BINANCE FUTURES OFFLINE IN ORDER TO DISABLE SELLING. UP ONLY RESUMES SHORTLY. <a href=\"https:\/\/t.co\/cflQlRG5rk\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/cflQlRG5rk<\/a><\/p>\n<p>\u2014 VikingXBT (@VikingXBT) <a href=\"https:\/\/twitter.com\/VikingXBT\/status\/1961316568714916263?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some traders are joking that since Binance Futures is temporarily offline, maybe the market can finally go up again. Well, that\u2019s not what is happening \u2014 at least for now. But not all crypto are going down.<\/p>\n<p>Two possible conterders as best crypto to buy now could be <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/chainlink-link-partners-with-usa-goverment-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Chainlink (LINK)<\/a> and Pyth Network (PYTH): both secured high-profile roles in bringing U.S. government economic data on-chain.<\/p>\n<p>Chainlink has been outperforming many altcoins recently, fueled by strong fundamentals: new U.S. government and institutional adoption, growing use cases in real-world asset tokenization, and its increasing role as core blockchain infrastructure. These drivers suggest LINK could have more room to climb even as broader markets face turbulence.<\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-LINK\" data-coin-symbol=\"LINK\" data-price-usd=\"LINK Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Chainlink<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">LINK<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$15.85B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68b18dab722ff\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2>Chainlink and Pyth Network Gain Momentum with U.S. Government Backing: Best Crypto to Buy Now?<\/h2>\n<p>Both Chainlink and Pyth are rallying on groundbreaking partnerships with the U.S. Department of Commerce. For LINK the positive momentum is fueled by two major developments:<\/p>\n<ul>\n<li>U.S. Department of Commerce Partnership. The DOC announced it will use Chainlink to bring vital macroeconomic data. This including GDP, the PCE inflation index, and consumption metrics \u2014 on-chain from the Bureau of Economic Analysis.<\/li>\n<li>First Public Company LINK Treasury. Caliber, a NASDAQ-listed real estate asset manager, launched the first-ever corporate LINK treasury, allocating funds into Chainlink.<\/li>\n<\/ul>\n<p>These catalysts reinforce Chainlink\u2019s position as a key infrastructure layer for tokenized assets and global finance, giving investors fresh reasons to consider it the best crypto to buy now.<\/p>\n<p>As for <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/pyth-network\" target=\"_blank\" rel=\"noopener nofollow\">Pyth Network (PYTH)<\/a>: PYTH skyrocketed 91% in 24 hours after being selected to distribute official GDP data across more than 100 blockchains. The token\u2019s trading volume surged past $2.1 billion, at $1.2 billionmarket cap, as momentum indicators like MACD signaled a bullish divergence.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24PYTH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$PYTH<\/a> is extremely underpriced compare to <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$LINK<\/a> and now that we &#8216;re having US GDP data on blockchains powered by <a href=\"https:\/\/twitter.com\/PythNetwork?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@PythNetwork<\/a>, reprice commences and it&#8217;s going to be televised. <br \/>what if pyth at link market cap price\u2026? <a href=\"https:\/\/t.co\/B5n2Rd5857\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/B5n2Rd5857<\/a><\/p>\n<p>\u2014 sumptu\u25ceus <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f392.png\" alt=\"\ud83c\udf92\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@sumptuosol) <a href=\"https:\/\/twitter.com\/sumptuosol\/status\/1961302114702909711?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Pyth is set to publish five years\u2019 worth of historical GDP data and expand into more macroeconomic indicators. Could PYTH really compete with LINK?<\/p>\n<p>At the time of writing, Bitcoin trades near $110,300 and Ethereum around $4,390, while Chainlink\u2019s momentum is holding its position. High volatility is expected.<\/p>\n<p>Stay tuned to our real-time updates below.<\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\" id=\"article-277676\" data-timestamp=\"1756461177\" data-modified=\"1756461177\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-today-crypto-news-august-29-15-billion-bitcoin-and-ethereum-options-expire-binance-futures-goes-offline-chainlink-and-pyth-compete-for-best-crypto-to-buy-now\/#article-277676\" target=\"_self\"><br \/>\n\t\t\t2 hours\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>PetroChina Explores Stablecoin-Based Cross-Border Settlement Amid Hong Kong Regulatory Shift<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Fatima99btc.jpg\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Fatima\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Fatima<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p><a class=\"general-link\" href=\"https:\/\/mp.weixin.qq.com\/s\/zNwBQFWILXuwcG1_USclbA\" target=\"_blank\" rel=\"noopener nofollow\">PetroChina has announced<\/a> plans to study the feasibility of using stablecoins for cross-border settlement and payments, marking a major step toward financial innovation in the energy sector. The news comes as Hong Kong\u2019s new stablecoin regulatory framework officially took effect on August 1, requiring issuers to obtain licenses and meet strict capital requirements.<\/p>\n<p>According to Yahoo Finance, PetroChina\u2019s CFO Wang Hua confirmed the initiative during the company\u2019s half-year results briefing, noting that the firm is closely monitoring developments from the Hong Kong Monetary Authority. This move positions PetroChina as one of the first energy giants to explore digital asset-based settlement under Hong Kong\u2019s new rules.<\/p>\n<p>Industry analysts suggest stablecoins could lower costs, reduce FX risks, and increase efficiency in global energy trade.<\/p>\n<\/p><\/div>\n<\/div>\n<div class=\"nnbtc-live-article\" id=\"article-277648\" data-timestamp=\"1756456356\" data-modified=\"1756456356\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-today-crypto-news-august-29-15-billion-bitcoin-and-ethereum-options-expire-binance-futures-goes-offline-chainlink-and-pyth-compete-for-best-crypto-to-buy-now\/#article-277648\" target=\"_self\"><br \/>\n\t\t\t3 hours\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>Mantle Surpasses $4 Billion in Treasury Assets, Becomes Market Leader<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Fatima99btc.jpg\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Fatima\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Fatima<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p>Mantle has announced that its treasury has surpassed $4 billion in assets, making it the largest in the crypto market. Alongside this milestone, <a class=\"general-link\" href=\"https:\/\/x.com\/mantle_official\/status\/1961099010179236165?s=61\" target=\"_blank\" rel=\"noopener nofollow\">Mantle highlighted<\/a> its involvement in the recent U.S. Department of Commerce and Chainlink integration, which aims to bring key U.S. government data on-chain.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/live-today-crypto-news-august-29-15-billion-bitcoin-and-ethereum-options-expire-binance-futures-goes-offline-chainlink-and-pyth-compete-for-best-crypto-to-buy-now\/\">[LIVE] Today Crypto News, August 29 \u2013 $15 Billion Bitcoin and Ethereum Options Expire, Binance Futures Goes Offline: Chainlink and Pyth Compete for Best Crypto to Buy Now<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Why is crypto going down today? Friday, August 29, marks a critical day for the crypto markets as Binance Futures suddenly went offline while a massive $15 billion in Bitcoin and Ethereum options contracts are set to expire. The Bitcoin options market shows a put\/call ratio of 0.79, with the \u201cmax pain\u201d level at $116,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44739","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44739"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44739\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}