Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Analysts highlight five fast-rising cryptos poised for 2025: Little Pepe (LILPEPE), Sui (SUI), Hyperliquid (HYPE), Ethena (ENA) and Sei (SEI). Little Pepe led the batch, raising $13.77 million in presale stages with zero trading tax and a projected 50× return, suggesting a $300 investment could become $15,000 after exchange listings. SUI’s TVL surpassed $2.2 billion amid bullish cup-and-handle and Golden Cross patterns, supporting smart contract growth. Hyperliquid jumped over 900%, boosting its TVL from $254 million to $2 billion. Ethena saw its TVL climb from $5.46 billion to $8.68 billion, backed by institutional funding and a $360 million buyback program. Sei delivered a 47% monthly gain, with ETF filings and Circle support underscoring institutional attention. Tracking these fast-rising cryptos can guide traders in capitalizing on altseason volatility.

On-chain data from Glassnode show Bitcoin short-term holders are reducing profit-taking activity as BTC prices rebound from a local low of $112,000 to around $114,766. The profit-taking metric for Bitcoin short-term holders, which tracks the share of coins bought recently and sold in profit, fell to 45%, below the neutral 50% threshold. Glassnode notes the market is in a “relative equilibrium,” with 70% of short-term supply still in profit and an equal balance of profit and loss among moving coins. Checkonchain’s SOPR indicator suggests that many recent buyers near all-time highs are exiting at a loss. Despite this, analysts like Tom Lee remain optimistic, forecasting Bitcoin could reach $200,000–$250,000 by year-end and into 2025.

Binance Research reports tokenized stocks surged 220% in July, lifting market cap to $370 million. Exodus Movement (EXOD) accounted for $260 million of this total. Excluding EXOD, cap still rose to $53.6 million. This reflects explosive growth in real-world asset (RWA) tokenization. Blockchain addresses holding tokenized equities jumped from 1,600 to over 90,000 in one month. Analysts liken this rally to the early DeFi boom, when total value locked grew from $1 billion to $100 billion in under two years. If 1% of the global equity market tokenizes, the sector could exceed $1.3 trillion—eight times DeFi’s peak. Rising demand for tokenized stocks is set to drive more complex DeFi infrastructure and accelerate blockchain adoption. More than 60 tokenized stocks now trade on Kraken, Bybit, and Solana’s xStocks, offering round-the-clock trading, free transfers, and zero fees.

Bayes Market, a decentralized prediction market, has secured $2 million in strategic funding from GreenVision Fund, Jkapital Ltd and Bearcat. The Singapore-based project will use the capital to optimize its decentralized prediction market framework and accelerate product development. Bayes Labs aims to expand across the Asian market, enhance its blockchain-based forecasting tools and improve user onboarding. This boost comes amid rising demand for decentralized prediction market platforms, as crypto traders seek robust on-chain instruments for hedging and arbitrage. Market participants should monitor Bayes Market’s upcoming feature launches and regional partnerships, which may drive platform adoption and liquidity growth.

On August 7, Sentora (formerly IntoTheBlock) reported that Bitcoin’s implied volatility has held around 20% and is trending lower, indicating a prolonged consolidation without short-term compression. The analysis noted that Bitcoin’s correlation with traditional markets, especially the S&P 500, is rising, suggesting increased sensitivity to macroeconomic factors. On-chain data reveals about 95% of Bitcoin addresses are currently profitable, down from July’s record-high cost basis of $121,000. Many holders who purchased between $116,000 and $119,000 remain at a loss, marking this price band as a potential resistance zone for future upward moves.

According to Yujin’s monitoring, a crypto whale transferred 188.2 WBTC to Binance over two days, netting a $10.93 million profit. The whale originally withdrew these tokens in April 2021 at about $56,420 each, with a total cost of roughly $10.61 million. Recent re-deposits averaged $114,498 per WBTC, valuing the total at approximately $21.55 million. The final transfer occurred 20 minutes before the report. This large-scale WBTC movement highlights continued whale activity in tokenized bitcoin markets and could signal increased selling pressure.

U.S. spot Bitcoin ETFs snapped a four-day outflow streak on Wednesday, logging $91.5M in net inflows, data from SoSoValue show. Bitcoin ETFs saw renewed demand as BlackRock’s IBIT led with $42M, followed by Bitwise’s BITB with $26.35M and Grayscale’s GBTC adding $14.5M. This rebound follows $1.45B in redemptions over the previous four days amid macroeconomic uncertainty and retail profit-taking. Meanwhile, Ethereum ETFs also recovered, posting $35.12M in net inflows, driven by BlackRock’s ETHA ($33.39M) and Grayscale’s ETHE ($10M). State pension funds continued to increase crypto exposure: Michigan tripled its ARK 21Shares Bitcoin ETF holdings to 300,000 shares, and Wisconsin’s Investment Board holds over 6M shares of IBIT. Bloomberg now assigns a 95% chance for SEC approval of spot ETFs for Solana, XRP, and Litecoin this year, up from 90%. The return of ETF demand and growing institutional adoption could support Bitcoin and broader crypto markets, reversing recent sell-offs and bolstering market confidence.

Binance has published its 33rd Proof-of-Reserve report (snapshot date August 1), revealing overcollateralization for major cryptocurrencies and 37 altcoins. The report shows reserve ratios of 102.96% for BTC, 102.27% for USDT, 100.67% for ETH and 111.74% for BNB. User holdings of Bitcoin rose 2.99% to 591,000 BTC, USDT increased 0.87% to 29.85 billion, and BNB climbed 0.38% to 39.79 million. Ethereum holdings fell 9.84% to 4.55 million ETH. This proof of reserve initiative aims to restore trust after the FTX collapse and improve transparency across Binance’s crypto reserves.

HTX sponsored the Business Networking Zone at GM Vietnam 2025 (Vietnam Blockchain Week) on August 1–2. At the event, HTX Ventures’ head Alec Goh highlighted the rise of stablecoins, noting their market cap jumped over 60% this year to $250 billion, and emphasized their role in on-chain credit, real-world assets and cross-border trade. During the Web3 Future Night cocktail, HTX and ChainCatcher gathered leading projects, investors and KOLs, including partners SoSoValue, Bifrost, TRADOOR, TRON, SunPump and RootData, reinforcing ties with the Vietnamese crypto community. HTX advisor Justin Sun also made headlines by becoming the youngest Chinese commercial astronaut after a 10-minute suborbital flight on Blue Origin’s New Shepard, symbolizing HTX’s mission to push Web3 boundaries. Founded in 2013 as Huobi, HTX continues to expand its global Web3 ecosystem through digital asset trading, derivatives, research and investments, guided by its strategy of security and compliance.

Over the past 40 days, Bitcoin short-term holders have accumulated 178,000 BTC—approximately $20 billion—according to CryptoQuant analyst Axel Adler Jr. Short-term holders (those holding BTC for under 155 days) are often responsive to market swings, and this BTC accumulation points to rising demand and bullish sentiment. Their buying activity reduces exchange supply and can limit pullbacks, laying the groundwork for potential price rallies. However, short-term holders may also sell quickly to lock in gains, introducing volatility. Traders should monitor on-chain metrics—such as exchange inflows/outflows, short-term holder balances, and whale transactions—to gauge supply and demand dynamics. Assess risk carefully, remain informed via reputable analytics platforms, and watch for shifts in investor sentiment. This significant accumulation phase suggests Bitcoin is in strong demand, potentially priming the market for further upside in the near term.

Conservative leader Pierre Poilievre has reaffirmed his opposition to a Canadian CBDC. He vowed to ban any Bank of Canada digital currency if elected prime minister. Poilievre warned that a Canadian CBDC could pose serious privacy risks and enable government overreach. He contrasted his stance with his pro-cryptocurrency view. Poilievre expressed support for Bitcoin and decentralized cryptocurrencies as alternatives to central bank digital money. His pledge intensifies the political debate over digital currencies in Canada.

Ripple is advancing its U.S. banking strategy with a proposed national trust bank charter under OCC review and a bid for a Federal Reserve master account. If approved, Ripple National Trust Bank could access Fedwire and FedNow, enhancing institutional settlement via XRP. Analysts say these moves could elevate XRP as a leading altcoin for on-chain banking solutions. Meanwhile, Dogecoin is seeing renewed accumulation from whales and retail investors, with on-chain indicators and price models suggesting a potential breakout. Traders are also eyeing MAGACOIN FINANCE, a community-driven altcoin showing increased social engagement and wallet activity with 28x gain forecasts. Ripple’s infrastructure push and rising meme coin interest could drive bullish momentum across XRP and DOGE. Investors should monitor regulatory updates on Ripple’s trust bank charter and Fed account, alongside on-chain metrics for Dogecoin, to capitalize on potential rallies.

Spot Bitcoin ETF products ended a four-day withdrawal streak on August 6, attracting $91.5 million in net inflows. BlackRock’s iShares Bitcoin Trust led with $42 million. Bitwise’s BITB and Grayscale’s GBTC added $26.35 million and $14.5 million respectively. This inflow marks a partial recovery of recent outflows and signals renewed institutional investment interest amid price consolidation. Meanwhile, spot Ethereum ETF inflows reached $35.12 million on the same day. BlackRock’s ETHA fund contributed $33.39 million. Grayscale’s ETHE added $10 million, offsetting an $8.67 million outflow from the Mini Ethereum Trust. Analysts attribute the shift to lower average costs after price dips and note that capital flows are now targeting Ethereum ETF products. Market data showed BTC rose 0.56% to $114,556 and ETH gained 1.67% to $3,690 in 24 hours. Experts view ETF inflows as key risk appetite indicators ahead of Federal Reserve policy decisions. The rebound in Bitcoin ETF and Ethereum ETF inflows suggests bullish sentiment among institutional investors.

On August 7, President Trump imposed a 100% semiconductor tariff on all imported chips, exempting only companies that shift production to the US. The semiconductor tariff marks a strategic shift toward onshore chip production. Apple unveiled a $100 billion US investment plan with TSMC and Samsung. The tariff instantly doubled chip prices, pushing Nvidia and Intel to expand domestic output. As AI chip demand surges, crypto mining faces rising hardware costs and limited ASIC and GPU supply. Bitmain plans a US factory to avoid tariffs. Crypto traders should watch assets linked to AI training, decentralized compute, and data processing. Traders in crypto mining should factor these cost pressures into their strategies. These sectors may draw short-term capital, but US tech stock volatility and policy shifts could magnify price swings. Not financial advice.

TOFU Story, a LINE Mini Dapp on the KAIA blockchain, has surpassed 480,000 users with over 30,000 daily active players. To celebrate Father’s Day (Aug 7–11), TOFU Story offers new father registrations that complete three simple tasks to claim 8.8 KAIA tokens and 8.8 LINE Points. The campaign is limited to the first 300 eligible fathers for KAIA rewards but unlimited for LINE Points. The game’s Golden Treasure Box feature allows players to watch ads to earn NFTs, game items, and more LINE Points, with up to 20 openings daily. Mid-August, TOFU Story plans to launch a LINE Points Marketplace, enabling players to redeem accumulated LINE Points for real-world vouchers such as 7-11 and Family Mart gift cards. As Taiwan’s first Play-to-Earn blockchain game on LINE, TOFU Story leverages simple 2048 mechanics and on-chain rewards to bridge gaming and daily commerce.

Strike CEO Jack Mallers criticized the US government’s Bitcoin audit delay, arguing that hidden BTC holdings reflect a small position. Mallers highlighted that the March executive order created a Strategic Bitcoin Reserve (SBR) but the absence of an audit suggests Washington owns insufficient coins. A mid-year FOIA response revealed only 28,988 BTC in federal custody, far below earlier estimates. On-chain data also show government wallets transferred over 30,000 BTC to Coinbase Prime in 2024. Mallers views the Bitcoin audit delay as a branding issue but believes it signals imminent accumulation by the Treasury, which could intensify buy-side pressure amid a constrained supply (92% of BTC mined). He notes potential Congressional backing via bills to acquire up to one million BTC. Traders should watch for increased demand and tighter supply, a bullish takeaway for Bitcoin’s price outlook.

Parataxis Holdings is merging with SilverBox Corp IV in a SPAC merger to form a NYSE-listed Bitcoin treasury company valued at up to $640 million. Under the SPAC merger agreement, $31 million of gross proceeds will be deployed immediately to acquire Bitcoin, while an equity line of credit of up to $400 million will fund further BTC accumulation. The deal will list the combined entity on the New York Stock Exchange under the ticker PRTX, granting Parataxis access to U.S. capital markets and enabling SilverBox to expand its Bitcoin treasury operations in South Korea through Parataxis Korea, formerly Bridge Biotherapeutics. SilverBox’s shares rose 1.32% to $10.74 following the announcement, reversing a 3.37% decline since July. The SPAC merger carries no outstanding debt from SilverBox, as its prior $109,000 promissory note was repaid by Q1 2025. Parataxis holds no long-term liabilities beyond the equity line, positioning the firm for aggressive Bitcoin treasury growth in key markets.

Curve Finance has launched on Etherlink, Tezos’ Layer 2 built with Smart Rollup, bringing its renowned stablecoin and pegged-asset liquidity into the Tezos ecosystem. Deployed as part of Etherlink’s $3 million Apple Farm Season 2 incentive program, Curve Finance attracted over $4.67 million in TVL within days. Etherlink offers fast, low-cost EVM-compatible transactions, enabling users to trade stablecoins with low slippage via MetaMask and other Ethereum wallets. Since exiting public beta in early 2025, Etherlink’s TVL surged from $1.4 million to $47.7 million thanks to performance upgrades and rewards. This integration strengthens Tezos-EVM interoperability and sets a new backbone for cross-chain stablecoin trading, though long-term growth will depend on post-incentive adoption.

Decentralized ad platform Alkimi has fully integrated the Sui blockchain and its technology stack—Sui, Walrus, Nautilus and Seal—to move ad delivery, verification, payments and data management entirely onchain. The new solution aims to bring transparency and efficiency to the $750 billion digital advertising market by eliminating hidden fees and enabling real-time transaction settlement. Leading brands such as AWS, TikTok, Currys and Polestar are already running campaigns on Alkimi’s blockchain-powered platform. The Sui transaction layer handles payments between ad buyers and publishers. Walrus stores ad data onchain, Nautilus verifies ad impressions, and Seal secures sensitive metadata. This integration follows Mill City Ventures’ $450 million commitment to build a publicly traded Sui treasury. Traders should note potential volatility as SUI consolidates near $3.3.

Celer Network has integrated pool-based ETH bridging on its cBridge protocol to support Base, allowing users and developers to route ETH between Base and 12 other EVM-compatible networks, including Ethereum, Optimism, Arbitrum, BNB Chain, Polygon, Avalanche, zkSync Era, Linea, Blast, Polygon zkEVM, Scroll and Unichain. This integration deepens Base’s interoperability, offering one-click transactions for asset transfers and enhanced liquidity access. Celer employs its xLiquidity pools and plans to add its Inter-chain Messaging Framework to enable cross-chain dApp logic, NFT bridging, and cross-chain reward claiming in a single transaction. The expansion positions Base as a key rollup in the emerging interoperable Superchain ecosystem, while providing developers streamlined tools for DeFi, GameFi and NFT applications. Celer will continue adding support for more tokens and chains.

Coinbase has unveiled a revised USDC conversion fee, charging 0.1% on net USDC-to-USD conversions exceeding $5 million within a rolling 30-day window. This new Coinbase USDC conversion fee takes effect on August 13, reducing the previous no-fee threshold from $40 million. The exchange’s move follows two consecutive quarters of missed revenue targets, with Q2 income of $1.5 billion falling short of analyst estimates. Coinbase’s stablecoin-related revenue rose 12% year-on-year to $332 million, but overall performance led to an 8% drop in share price after earnings. The fee aims both to offset redemption costs and curb USDT→USDC→USD arbitrage, a strategy highlighted by influencers and confirmed by CEO Brian Armstrong. Competitors levy higher fiat conversion charges, and Coinbase’s fee schedule still offers 0.05% on $40–100 million net conversions and 0.2% above $200 million. Bloomberg ETF analyst James Seyffart notes that the new Coinbase USDC conversion fee mirrors ETF creation and redemption costs, shifting expenses onto users. Traders should reassess stablecoin strategies amid evolving fee structures.

Crypto prices rose as Bitcoin market sentiment climbed into the “greed” zone. The crypto Fear & Greed Index jumped to 62, signaling increased bullishness. Bitcoin’s price rose 1% to $114,298, echoing an uptick in Bitcoin market sentiment after recent dips. Ethereum gained 2.37% to $3,664, XRP added 2.14% at $2.97, and Solana recorded a 3.26% surge to $167.38. On-chain data from Glassnode indicates profit-taking by short-term Bitcoin holders has cooled, supporting a more stable outlook. Analysts including Michael van de Poppe and traders at Galaxy predict a bullish breakout, with targets up to $125,000, potentially triggering significant liquidations. Historical parallels to the post-U.S. election rally reinforce expectations of further upside as market participants respond to renewed confidence and improved on-chain metrics.

Bitcoin has retested its 50-day EMA, forming an “ideal bottom” through an inverse head and shoulders pattern, with a technical target around $148,250. After briefly dipping below the 50-day EMA, BTC price rebounded, mirroring June’s 25% surge from the same support. Analysts suggest a final “washout” to $110,000–$112,000 could solidify the bottom before a push toward previous highs near $150,000. On-chain data reveal an early whale sold 80,000 BTC, marking the third major profit-taking event of the current bull cycle. Historically, such whale-led sell-offs precede consolidation phases lasting two to four months, setting the stage for renewed rallies. CryptoQuant notes these cooling periods typically allow the market to absorb supply, rebuild positions, and then break out to new highs. The convergence of the 50-day EMA support and the inverse head and shoulders neckline underpins a bullish outlook for Bitcoin traders eyeing a rebound in BTC price.

AI cloud mining platforms like AIXA Miner and MiningToken optimize hash power allocation and predict market changes by analyzing market trends, hash rates, energy costs, and network difficulty. Benefits include avoiding high hardware costs and automating decisions for returns up to 9% daily, attracting retail investors as BTC nears $120,000. However, widespread adoption of similar AI algorithms creates a feedback loop: mass resource shifts drive up difficulty and competition, eroding profitability. Lack of transparency, potential Ponzi schemes, and regulatory scrutiny—especially SEC warnings on fixed-return contracts—add further risks. Environmental impacts persist despite “green” claims, as energy consumption remains significant. Investors should treat AI-driven cloud mining as a tool, not a guarantee: demand transparency, limit exposure, and diversify into DeFi staking or regulated exchanges to mitigate volatility and the herd-driven collapse of predictive advantages.

Kraken’s xStocks has secured a CySEC license and MiFID II approval through a new Cyprus entity, paving the way for compliant tokenized stocks in Europe. Each xStocks token is backed 1:1 by real shares held in custody, ensuring full collateralization. The open, permissionless tokens initially launched on Solana, with BNB Chain and Injective soon to follow, allowing seamless multi-chain trading. Due to unclear U.S. regulations, xStocks is currently unavailable to American users but plans to enter the U.S. market after obtaining necessary approvals. The project’s alliance model invites other exchanges—including Binance, Coinbase, and Gate.io—to issue and trade xStocks via cooperation with Backed. Future plans include expanding the token lineup from 61 to several hundred tickers, introducing leverage, lending uses, perpetual contracts, and Pre-IPO equity tokenization. By prioritizing accessibility and regulatory compliance, xStocks aims to become a Web3 financial infrastructure for real-world asset exposure. Tokenized stocks are positioned as a complementary bridge between traditional markets and decentralized finance, offering global users synthetic equity exposure without direct stock ownership.

YZi Labs will launch the second season of its global incubator program, EASY Residency, on October 6, 2025. EASY Residency Season 2 focuses on Web3, AI and biotech startups until December 5. In partnership with BNB Chain’s MVB project, the Web3 incubator offers up to $500,000 in funding per team. Participants will gain mentorship, market support and access to four global hubs: Dubai, San Francisco, New York and Singapore. The program aims to help founders overcome geographic limits and tackle real-world challenges. Applications close on September 6, 2025, and finalists will pitch at a Demo Day during Binance Blockchain Week.

K33, a digital asset broker and research firm, has deepened its partnership with Goobit, operator of Sweden’s BTCX exchange. The collaboration will support Goobit’s new Bitcoin strategy. K33 will provide trading support and custody services to boost the Nordic Bitcoin ecosystem. As part of the Bitcoin strategy, Goobit’s first funding round for its treasury plan was oversubscribed. Funds will be used for long-term Bitcoin holdings. A second round is due to launch soon. Separately, K33 has increased its own Bitcoin reserves by five BTC, raising its total holdings to 126 BTC.

Market participants now assign a 92.2% probability to a Federal Reserve interest-rate cut at the September 17 FOMC meeting, according to the CME Group’s FedWatch Tool. Current rates sit at 4.25%–4.50%, and a cut toward 4% would mark the first reduction since July. Historically, Fed rate cuts inject liquidity into risk assets, often triggering sharp rallies. Bitcoin and the broader crypto market typically benefit as cheaper borrowing costs and renewed investor appetite drive price gains. The most notable precedent occurred during the COVID-19 lockdown in 2020, when the Fed slashed rates from 1.58% to 0.05%, sparking an explosive bull run in Bitcoin and altcoins. Even a modest cut this September could fuel heightened volatility and potentially propel Bitcoin toward fresh highs.

Analyst Zach Rector estimates that $5 billion of ETF inflows into XRP, via a newly approved XRP ETF, could drive the token’s price above $7. He compares this scenario to Ethereum ETF inflows, where $5.4 billion entered in July and scaled to Bitcoin’s market size equates to $27 billion. Applying a conservative 50× market-cap multiplier to XRP, Rector finds that $5 billion would add $250 billion to its market cap and yield a 138% price gain. He cites expected U.S. Federal Reserve rate cuts—90% odds for September and three 25 bp cuts forecast by Goldman Sachs—to boost liquidity in financial markets. Rector also points to the imminent resolution of Ripple’s SEC lawsuit, with appeals concluding around August 15, as another catalyst. If an XRP ETF launches in October, investors could target $10 to $20 per token within a year. This confluence of XRP ETF inflows, monetary easing, and legal clarity presents a bullish outlook for XRP traders.