Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bridgewater Associates founder Ray Dalio has warned that the US might revert to a gold-backed currency system if excessive money printing continues. On social media, Ray Dalio highlighted historical cycles where devalued currencies prompted governments to restore a gold standard, illustrating the potential return of a gold-backed currency regime. Dalio noted that past high debt levels and credit growth often lead policymakers to lower interest rates and devalue the US dollar, benefiting debtors while harming creditors. He pointed to tensions between former President Trump’s desire for currency devaluation to manage debt and Fed Chair Jerome Powell’s focus on low inflation. To hedge against potential currency depreciation, Dalio recommends investors allocate about 15% of their portfolio to safe-haven assets like gold or Bitcoin. This diversification strategy aims to protect wealth amid ongoing debates over US monetary policy and inflation.

XRP burn rate has fallen by 25.96% over 24 hours to 1,808 tokens, marking a significant drop in the deflationary metric. Simultaneously, payment volume declined to a two-month low of 727,329 transactions, reflecting reduced on-chain activity and bearish investor sentiment. XRP’s price retraced from an intraday high of $3.1028 to a low of $2.9654 and is trading around $2.97. Despite the downturn, analysts note that maintaining levels above $3.10 could trigger a rebound toward the $3.55–$3.65 zone. With an XRP ETF approval still pending, long-term prospects may improve, but the recent slump in payment volume and XRP burn rate underscores near-term market uncertainty.

Ripple’s efforts to secure an OCC charter and Federal Reserve account, along with planned RLUSD stablecoin integration, are attracting institutional interest and underpinning bullish XRP price predictions. August forecasts average $3.14 for the XRP price, with targets of $3.36 short-term and $5.50 in 2025, assuming regulatory clarity and further bank partnerships. Parallel optimism is boosting Litecoin price outlook, with 2025 projections around $137 and a peak near $147, driven by an anticipated ETF approval and correlated altcoin flows. Meanwhile, MAGACOIN FINANCE is emerging as a speculative opportunity: rapid wallet growth, high social engagement, and presale momentum have prompted some analysts to forecast a 22,400% ROI this quarter. Traders should monitor developments in Ripple’s national trust bank charter, RLUSD rollout, and institutional banking partnerships, as well as MAGACOIN FINANCE’s presale metrics, to gauge short-term volatility and long-term adoption trends.

The US Securities and Exchange Commission has signaled a more proactive stance on crypto innovation, pledging that the US will lead the next wave of digital asset development. Chair Gary Gensler highlighted efforts to establish clear regulatory frameworks that balance investor protection with technological advancement. The SEC plans to clarify rules around tokenized securities, digital asset custody, and trading platforms. This approach aims to foster a robust crypto innovation ecosystem, strengthening US competitiveness amid growing global competition. While no specific policy changes were detailed, the SEC’s commitments suggest streamlined approval processes and potential regulatory sandboxes. Stakeholders anticipate that these measures could boost institutional adoption and market liquidity in the coming quarters.

Alpen Labs has launched its public testnet in August 2025 to establish a native Bitcoin finance ecosystem. The platform enables lending, stablecoins and smart contracts directly on the Bitcoin blockchain without relying on centralized intermediaries. CEO Simanta Gautam highlights that users can now perform financial operations with BTC on-chain, eliminating the need to bridge assets to other networks. Key features include EVM compatibility for seamless developer onboarding, zk-rollup technology for faster, cost-efficient transactions, and a collaboration with the Liquity team to issue a Bitcoin-backed stablecoin, Bitcoin Dollar (BTD). By integrating Ethereum Virtual Machine tools and Bitcoin’s security, the testnet aims to attract DeFi builders and foster innovation in Bitcoin-based finance. Backed by industry figures like Nic Carter of Castle Island Ventures, this milestone could mark a turning point for Bitcoin finance, expanding use cases beyond store of value and setting the stage for a fully decentralized, on-chain financial platform.

Coinbase listing of dYdX (COSMOSDYDX) marks the next step in expanding its digital asset offerings. According to the exchange’s official listing roadmap, the dYdX token will be enabled for trading once market makers are in place and technical infrastructure is sufficient. No firm date has been set; Coinbase will make a separate announcement to confirm trading launch. dYdX is a decentralized trading protocol built on the Cosmos network, known for its perpetual contracts and order book trading. Traders should watch for potential price swings around the listing announcement and ensure readiness to engage once the Coinbase listing goes live.

President Donald Trump announced he will name a new Federal Reserve governor this week to replace Adriana Kugler, who is stepping down early in January. This Trump Fed pick comes sooner than expected and opens the door for a governor aligned with his call for lower interest rates. The appointee will join the Fed’s policymaking board and could emerge as a top contender to succeed Chair Jerome Powell when his term ends next May. Trump has repeatedly pressured the Federal Reserve and Powell to adopt a more dovish outlook and cut borrowing costs. Markets will watch closely for clues on the Fed’s rate path and how the new governor might influence future monetary policy decisions.

In an August 6 interview, former President Donald Trump endorsed Vice President Mike Pence as the most likely MAGA movement successor. Trump praised Pence’s performance, calling him the leading MAGA movement successor, and acknowledged other potential contenders on stage. His remarks followed Senator Marco Rubio’s earlier comments on Fox News that Pence would be a strong nominee if he runs. Trump also told CNBC he might not seek a third presidential term. The endorsement underscores internal Republican succession dynamics ahead of the 2028 GOP nomination but carries little immediate impact on market stability.

Katana Airdrop has kicked off alongside the launch of the Katana mainnet, featuring a $1 billion KAT token incentive program aimed at boosting DeFi liquidity and yields. Before launch, participants deposited ETH, USDC, USDT and WBTC into Yearn vaults to earn “krates” bundles containing KAT tokens, CryptoPunks NFTs and tokens like AUSD, SUSHI and MORPHO. Deposits remain withdrawable post-launch, though KAT tokens are locked for up to nine months. Following the airdrop, users can access over 30 DeFi apps on Katana by connecting wallets on the beta platform and completing bridge, deposit and earn steps. Ongoing earning opportunities include KAT rewards for platform engagement, bonuses with Morpho and Sushi partnerships, Lombard’s BTCK minting and LBTC bridging, and a 15 million KAT reward pool. Participants can also add liquidity on SushiSwap to earn KAT and SUSHI tokens. Content creators can join the Kaito campaign by sharing original Katana insights on X to claim a share of 10 million KAT tokens and compete for $20 000 in monthly USDC prizes. Vault options offer attractive APRs: BTC vault at ~10.3%, ETH vault at ~21.2%, USDC/USDT vaults at ~53.2%, while external options include Lombard Finance (~12% APR) and capped Ether.fi vaults. The Katana Airdrop program is positioned to drive network adoption, deepen liquidity and reward early backers.

The US Commodity Futures Trading Commission (CFTC) has launched an initiative to allow spot crypto trading on exchanges registered as Designated Contract Markets (DCMs). Acting Chair Caroline D. Pham said this step begins the CFTC’s “crypto sprint” to implement recommendations from the President’s Working Group Digital Assets Report alongside the SEC’s Project Crypto. Under current Commodity Exchange Act rules, retail commodity trading with leverage must occur on DCMs, and the CFTC is now seeking stakeholder feedback on listing spot crypto contracts on these regulated futures exchanges. Meanwhile, the Bitcoin Coinbase Premium Gap has turned positive, signaling renewed US institutional demand and aiding Bitcoin’s recovery near $115,000.

SUI has pulled back to a critical structural support level around $3.50, aligning with the VWAP (Volume Weighted Average Price). According to analyst CryptoPulse, this convergence often precedes strong upward moves. CryptoPulse is averaging into a position targeting $5 initially, with potential for higher gains as momentum builds. Another analyst, AlgoCats, highlights a promising chart setup but waits for a clear formation before entering. SUI has gained nearly 3% in 24 hours and seen trading volumes rise by over 33%. The token’s technical alignment and growing project fundamentals suggest a bullish setup for traders awaiting a potential breakout.

Coinbase embedded wallets offer developers an SDK to integrate wallet functions into apps with minimal code. Coinbase embedded wallets support fiat-to-crypto onramps, crypto swaps, an optional 4% USDC yield and leverage Coinbase’s security infrastructure. By embedding wallets directly into dApps, developers can streamline user onboarding and private key management, enabling seamless blockchain integration across gaming, social media and e-commerce platforms. This crypto wallet SDK reduces development time, abstracts complexity and paves the way for mainstream Web3 adoption.

President Donald Trump is set to sign an executive order, dubbed Operation Choke Point 2.0, to curb crypto debanking and ban ideological bias in banking. The order instructs federal regulators – the Federal Reserve, OCC and FDIC – to probe banks that cut ties with crypto firms and conservative groups, potentially violating antitrust, consumer protection or equal credit laws. It mandates the removal of internal “reputational risk” policies used to justify account terminations and empowers the SBA to review lending partners for political discrimination. Non-compliant institutions could face fines, consent decrees and heightened DOJ and Fed scrutiny. Banks have begun updating guidelines, pledging not to factor political risk into banking decisions, while legal experts caution the order may face challenges without new congressional authorization. Crypto companies and traders view the move as a boost to market confidence, lowering crypto debanking risk and improving access to banking services.

SharpLink Gaming has boosted its ETH holdings to 521,939 tokens, valued at $1.91 billion. Between July 28 and August 3, SharpLink Gaming acquired 83,561 ETH for $303.7 million at an average price of $3,634. The Nasdaq-listed crypto treasury firm stakes all its ether, earning 929 ETH in staking rewards since its May strategy pivot. This makes it the second-largest public holder of ETH, following BitMine Immersion Technologies. The aggressive ETH accumulation by SharpLink Gaming underscores a broader trend in crypto treasury management. Ethereum trades near $3,569, down 2.3% in 24 hours and 27% below its all-time high.

Ethereum price drop triggered notable market developments as ETH slid below $3,600 after failing to clear a key resistance at $4,100. Analyst Michaël van de Poppe highlighted this resistance level, linking it to increased market volatility and shifts in trading strategies. The Ethereum price drop prompted $122.7 million net outflows from exchanges, suggesting a transfer of tokens to wallets and DeFi platforms, which may ease short-term sell pressure. Simultaneously, Ethereum ETFs saw $129 million in outflows, reflecting reduced institutional demand. Despite selling pressure, on-chain transactions surged to 1.7 million daily, indicating sustained network usage. These movements could influence related assets such as BTC and major altcoins, driven by market correlation. Traders should monitor network activity and institutional flows when assessing potential support levels and future price rebounds in the volatile cryptocurrency market.

Bitcoin whales have aggressively accumulated 218,570 BTC over the past 18 weeks, boosting their collective holdings to 68.44% of the total supply. According to analyst Aria Nakamoto, addresses holding 10–10K BTC continue to show long-term conviction despite price fluctuations. Japanese treasury firm Metaplanet also added 463 BTC, underscoring growing institutional demand. On the charts, Bitcoin remains within a broader ascending channel after failing to sustain a breakout from a triangle pattern. Analyst Lingrid highlights a key support zone at $112,000–$113,000: as long as Bitcoin holds this level, a push toward a new all-time high of $124,000 is likely. With current trading around $114,822 and last month’s peak at $122,838, intensified whale accumulation and solid support reinforce a bullish outlook. Traders should watch the $113K support level closely, as a successful hold could trigger renewed buying momentum toward $124K.

Bitmine has emerged as the world’s largest ETH treasury after disclosing $2.9 billion worth of Ethereum holdings. By accumulating approximately 3.8 million ETH, Bitmine surpasses major institutional and DeFi treasuries, including staking protocols and competitor pools. This strategic accumulation underscores growing institutional confidence in Ethereum’s long-term fundamentals and staking yields. Bitmine plans to stake its Ethereum to secure additional ETH rewards, contributing to network decentralization and reduced circulating supply. Market observers note that large-scale ETH treasury builds can drive bullish sentiment and price momentum, as seen in past whale-led accumulation events. The move highlights an increased appetite among crypto institutions for diversified treasury allocations and may influence short-term trading dynamics by tightening available ETH supply while reinforcing long-term growth prospects for Ethereum.

Bitcoin’s returns of 16.85% in H1 2025 have outpaced Berkshire Hathaway’s 3.55% gain and the S&P 500’s 7.51%. While Berkshire posted a $12.3 billion profit in Q2, a $5 billion impairment on Kraft Heinz led to a $4.6 billion equity loss. Berkshire’s $100.49 billion cash reserve, if 5% allocated to Bitcoin at the start of the year, would have generated over $850 million in unrealized gains by August, partly offsetting its losses. Bitcoin also outperformed top Berkshire holdings including Apple (AAPL), American Express (AXP), and Coca-Cola (KO), highlighting the opportunity cost of conservative strategies. Despite Warren Buffett’s dismissal of Bitcoin and lack of crypto allocation under Greg Abel, 2025 has seen rising ETF inflows and institutional adoption, underscoring Bitcoin’s growing role as a portfolio hedge and growth driver.

Cardano founder Charles Hoskinson has outlined the key reasons why a segment of ADA holders did not receive the recently launched Glacier airdrop. First, ADA stored on custodial exchanges or within DeFi smart contracts did not qualify for the snapshot cut-off, as these platforms lacked direct support for the airdrop protocol. Second, some users delegated or restaked their ADA after the designated snapshot epoch, making their balances ineligible. Third, wallets that did not implement the required CIP metadata standards failed to recognise and claim the tokens. Hoskinson emphasised the importance of using Cardano-native wallets, staking before the snapshot, and holding ADA in simple UTXO addresses to ensure future airdrop eligibility. He reassured the community that unclaimed tokens will be redistributed to active participants in upcoming governance initiatives. ADA traders should note these technical and timing conditions when positioning for future Cardano incentive events.

SharpLink Gaming, formerly a sports betting affiliate, has rebranded into a corporate Ethereum treasury vehicle, now holding around $1.65 billion in ETH. The pivot followed a $425 million private placement led by ConsenSys and Ethereum co-founder Joseph Lubin, who chairs SharpLink’s board. Leveraging this partnership, SharpLink has staked almost all its ETH to earn on-chain yield and is exploring restaking and targeted DeFi strategies to boost returns while managing risk. The company intends to deploy its remaining $257 million in capital to acquire more Ether at low cost, reinforcing its ETH concentration. With a Nasdaq-listed ticker ($SBET) and support from security providers like Galaxy Digital, Anchorage and Coinbase, SharpLink aims to cement its role as a trusted public ETH treasury, driving institutional adoption of Ethereum and capturing long-term price appreciation, staking yield and accretive treasury returns.

Pepeto, a new memecoin combining viral appeal with real blockchain utility, has raised $5.9 million in its Stage 6 presale at $0.000000145 per token. Backed by over 100,000 community members and audited by SolidProof and Coinsult, the project features robust tokenomics: 30% presale, 30% staking rewards with up to 255% APY, 12.5% liquidity, and 27.5% for marketing and development. Unlike typical meme tokens, Pepeto launched PepetoSwap, a zero-fee trading platform, and a cross-chain bridge to tackle high fees and fragmented liquidity. Currently, Pepeto is in advanced talks for a Binance listing within five months, which could significantly boost trading volume and visibility. Analysts forecast a $1 billion market cap, implying up to 6,900× gains if token prices hit $0.001. Traders can participate in the memecoin presale by swapping ETH, USDT or BNB on the official site, positioning Pepeto as a high-reward opportunity in the memecoin sector.

SEC Commissioner Caroline Crenshaw has slammed an SEC staff statement on liquid staking, warning it “muddies the waters” with unverified assumptions. The Division of Corporation Finance had suggested that certain liquid staking structures might fall outside U.S. securities laws. Crenshaw said the guidance adds regulatory confusion. Commissioner Hester Peirce countered, arguing liquid staking resembles deposit receipts and does not equate to securities offerings. Liquid staking lets crypto holders earn rewards while retaining DeFi liquidity. The sector now holds nearly $67 billion. Ethereum dominates with about $51 billion locked. Top platforms include Lido Finance, Rocket Pool and Ankr. This debate highlights ongoing challenges in crypto regulation and DeFi capital efficiency.

Resolv Airdrop Season 2 is now live, allocating 5% of the total $RESOLV token supply to participants between May 9 and Sept. 9, 2025. The campaign builds on Season 1 with an improved point system, new platform integrations and enhanced long-term staking incentives. Users earn daily points by staking USR or RLP tokens, minting stablecoins, borrowing or providing liquidity. Base rewards include 20 points/day for USR and RLP, 5 points/day for stUSR and 5–45 points/day for other activities. Boost options such as Blueprint NFT (+25%), Season 1 Legacy (+10%), Believer (+10%) and Referrals (+20%) can further multiply points. Staking $RESOLV unlocks reward multipliers—1.25× for 3-month locks, 1.5× for 6-month and 2× for 12-month commitments—with automatic compounding and 14-day reward distributions. Early stakers received the first 1 million $RESOLV tokens starting May 27, 2025. Resolv is a DeFi protocol featuring USR, an ETH-backed USD-pegged stablecoin, and RLP insurance-backed liquidity tokens, underpinned by perpetual futures hedging and $10 million in seed funding.

HyperSwap officially launched its HyperSwap airdrop to distribute SWAP tokens to eligible participants active on both the testnet and mainnet. Eligibility for the HyperSwap airdrop is determined by onchain activity such as token swaps, liquidity provision, and other protocol interactions. Over 1 million testnet points have been allocated to OG badge holders, visible in the "HyperSwap Testnet" section. While the initial points campaign ended in July 2025, ongoing engagement with any platform feature can still boost airdrop eligibility. To qualify for the HyperSwap airdrop, users must bridge at least 5 HYPE tokens to the HyperEVM network via the “Transfer to EVM” function and complete the listed tasks in the Points section. In addition, providing liquidity to incentivized pools—USDHL-USDT, HYPE-USDHL, feUSD-USDHL, LOOP-LHYPE, WHLP-LHYPE, HYPE-KEI, cmETH/uETH (20× Powder bonus), xSWAP, and future Unit-related pools—will factor into final rewards. This airdrop aims to incentivize onchain participation and strengthen the HyperSwap DeFi ecosystem.

ORO Airdrop has launched its public beta with a points-based campaign ahead of a token airdrop. The AI data platform, designed to link social media and app data to models securely, lets users earn ORO points by completing data contribution tasks. Points convert to tokens in the official airdrop. The platform went live on May 14, 2025, and is backed by $6 million from a16z Crypto and Delphi Ventures. Users gain points by connecting accounts like Gmail, X (Twitter), Fitbit and Coinbase. Initial connections yield up to 700 points, with daily rewards of up to 30 points per platform. Referrals boost points further. Traders should note that the ORO Airdrop could increase token distribution and on-chain activity. The strong venture capital support and focus on blockchain privacy may drive demand in the AI and crypto sectors.

Bitcoin is experiencing a mid-cycle supply rotation that could mark the beginning of its next bull run. Data from Glassnode and CryptoQuant show long-term holder (LTH) supply falling to a monthly low of 14.54 million BTC while short-term holder (STH) supply rises 7.96% to 2.4 million BTC. The 30-day SMA of new addresses has crossed above the 365-day SMA, signaling accelerated on-chain adoption. Dormant coins reactivated soared from 59 K BTC in 2023 to 255 K BTC in 2024 and 214 K BTC so far in 2025, with average transaction sizes jumping from 162 to 1,011 BTC. These mid-cycle reset signals suggest robust demand as dormant capital wakes up and fresh hands gain market share, setting the stage for Bitcoin’s next major rally.

Bitcoin supply dynamics are undergoing a mid-cycle reset as short-term holders now control 2.4 million BTC, a 7.96% gain, while long-term holders’ supply dips to 14.54 million BTC. CryptoQuant data highlights a sixfold year-on-year spike in reactivated supply, with average monthly movements at 30.7 K BTC and transaction sizes soaring from 162 to 1,011 BTC. The 30-day SMA of new addresses crossing above the 365-day SMA underscores renewed on-chain activity. These Bitcoin supply dynamics reflect rising market confidence, evidenced by the rally past $120 K and a reactivation of dormant coins by high-conviction players. Traders should monitor these on-chain indicators for potential bullish momentum.

Former Binance CEO Changpeng Zhao has filed a motion in a Delaware bankruptcy court to dismiss a $1.76 billion FTX clawback lawsuit related to a 2021 share repurchase. Zhao argues lack of personal jurisdiction due to his UAE residency and contends he was only a nominal counterparty, challenging the suit’s legal basis. Binance has condemned the claims as “nonsensical” and pledges a robust defense. This case will test cross-border jurisdictional limits in crypto litigation and could shape future clawback efforts, regulatory guidelines, and bankruptcy recoveries in the digital asset industry.

Coinbase has launched Coinbase Embedded Wallets, a new developer tool on its Coinbase Developer Platform (CDP). The tool offers programmable wallets powered by Coinbase’s upcoming decentralized exchange infrastructure. Users can hold USDC balances earning 4.1% APY without staking. Developers can retain these rewards or pass them to end users to boost engagement. The Embedded Wallets tool targets DeFi, gaming, payments and Web3 social media projects. The launch coincides with the rebranding of Coinbase Wallet as the Base app on its Layer-2 network. It follows the US House’s passage of the CLARITY Act and the GENIUS Act, which clarify rules on self-custody wallets and dollar-backed stablecoins. Industry experts believe this regulatory clarity will drive new on-chain financial applications.