Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Eden Network has officially ceased operations, discontinuing services on its Eden RPC, Eden Bundles, and Mempool Stream products. The network recommends users switch to alternatives such as Flashbots Protect or Blocknative Mempool Explorer. To return value to token holders, Eden Network launched an EDEN token buyback plan at a fixed rate of 0.00001506 ETH per EDEN. The buyback will draw from a 2,000 ETH pool and is open until 23:59 UTC on September 30, covering the roughly 133 million EDEN tokens currently in circulation. US-based users are excluded from the repurchase program. Traders and holders should monitor the buyback window and consider alternative Mempool and RPC solutions.

ODIN•FUN co-founder disclosed a serious AMM vulnerability in the platform’s latest update. Exploiting this flaw, attackers tied to Chinese crime rings stole about 58.2 BTC (≈$7 million). The team is evaluating the exact loss and admits current reserves fall short of covering all damages, though remaining funds are secure. ODIN•FUN has hired a top security auditor for a full code review and is working with Chinese and US authorities to pursue the criminals. PeckShield initially reported the unauthorized 58.2 BTC withdrawal. Traders should monitor Bitcoin’s short-term volatility and increased focus on AMM security.

Solana price jumped almost 10% after bouncing from the $175 support zone. SOL price climbed past $180 and $190 on strong bullish momentum to reach a high of $199. The token now trades above the 100-hour simple moving average and the 23.6% Fibonacci retracement level. Immediate resistance stands at $200; a clear break could target $205 and $212. On the downside, support zones lie at $194, $186 (50% Fib) and $180. Hourly technical analysis underlines the rally: MACD is bullish and RSI sits above 50. Traders will watch for a decisive close above $200 to confirm a breakout and propel Solana toward the $220 mark.

Australia’s mobile payments jumped to over four billion transactions worth AUD100 billion in 2024, with one-quarter of the population using mobile wallets for all payments. While mobile payments growth reflects rising digital wallet adoption, 73% of Australians still prefer to keep physical debit and credit cards as a backup when digital payments fail, citing system outages and battery issues. Card loyalty is highest among baby boomers (84%) and Gen X (75%), versus 55% for Gen Z. Nearly half of card transactions now occur via mobile wallets. The Reserve Bank’s plan to end card surcharges could save consumers AUD780 million annually, further modernizing Australia’s payments system. Meanwhile, Project Acacia advances tokenized asset settlement in 24 use cases. In the United States, the National Institute of Standards and Technology (NIST) has issued new digital ID guidelines (SP 800-63 Rev 4), updating its framework since 2017. The digital identity guidelines introduce enhanced risk management, continuous evaluation metrics, fraud checks and forged-media controls to combat deepfakes, which rose by 20% in Q1 2025 and now make up 7% of global fraud attacks.

FTX customers filed an amended complaint in the Southern District of Florida as part of a multi-district lawsuit against law firm Fenwick & West over its alleged key role in the crypto exchange’s collapse and multi-billion-dollar fraud. The plaintiffs accuse the firm of exceeding normal legal services, structuring conflicted entities like Alameda Research and FTX, and facilitating unregistered securities and racketeering. The complaint cites evidence from Sam Bankman-Fried’s trial to allege Fenwick had actual knowledge of fraudulent schemes and provided substantial assistance. Customers seek to amend their complaint, deny Fenwick’s motion to dismiss, and establish the firm’s legal liability for fiduciary breaches and professional negligence.

Circle reported a $428 million net loss in Q2, driven by one-time IPO expenses, despite revenue and reserve income rising 53% to $658 million and adjusted EBITDA up 52% to $126 million. USDC supply reached $61 billion, up 90% year-on-year, and on-chain transaction volume surged fivefold to $5.9 trillion. Circle also unveiled Arc, its own EVM-compatible Arc L1 blockchain that uses USDC as the native gas token, offers sub-second finality and optional privacy controls. The Arc public testnet is due in autumn 2025. Arc L1 will compete with existing stablecoin chains like Plasma and Tether-backed platforms, as well as Stripe’s upcoming Tempo. Circle’s USDC holds 28% of the global stablecoin market. Partnerships with OKX, FIS and USYC integration support growth, while lower USDC balances on Binance and Coinbase weigh on margins. The launch of the Arc L1 blockchain positions Circle to deepen institutional stablecoin finance across payments, FX and capital markets.

US authorities have seized $1 million in Bitcoin from the BlackSuit ransomware group in a coordinated cybercrime crackdown. This Bitcoin seizure aims to disrupt a criminal organisation that has extorted more than $370 million from over 450 victims since 2022. BlackSuit ransomware operators use double extortion tactics, encrypting data and threatening to leak sensitive information if ransoms of up to $60 million are not paid. The group typically demands between $1 million and $10 million in Bitcoin. Law enforcement officials say the Bitcoin seizure will protect critical infrastructure and send a clear warning to cybercriminal networks. International cooperation remains vital in combating ransomware threats. Experts advise organisations to strengthen cybersecurity defences, maintain regular backups, and train staff to recognise phishing attempts.

Coinfest Asia 2025, the world’s largest crypto festival, returns to Bali’s Nuanu Creative City on August 21–22. Over 10,000 founders, builders, investors and creators from 90+ countries will gather for panel discussions, product demos and networking. The theme "Full Moon" reflects renewed market optimism post-halving as the industry anticipates a bullish cycle. The crypto festival makes Web3 approachable for everyday users through unified event spaces across Nuanu Creative City. New features include high-energy tournaments, a Web3 institutional accelerator finale, a developer hackathon and a live trading competition. Confirmed speakers include Nansen CEO Alex Svanevik, Animoca Brands co-founder Yat Siu and Manta Network co-founder Victor Ji. With expanded community engagement and tokenization showcases, Coinfest Asia 2025 offers hands-on opportunities for traders and newcomers alike. Tickets are on sale at coinfest.asia/tickets.

ARB has broken a multi-month downtrend after forming a double-bottom pattern near $0.26. The ARB breakout above the long-term descending trendline was confirmed by a surge in trading volume, with $54.06 million recorded during the move. Immediate support is now established at $0.38, a level ARB has respected for several weeks. Maintaining this support could trigger a bullish continuation toward the next resistance at $0.4787 and price targets of $0.90 and $1.20. On the 2-week chart, ARB traded in a tight range between $0.26 and $0.38 for nearly six months before decisively moving above diagonal resistance. A close below $0.38 would risk a retest of the $0.26 demand zone. Broader market momentum in Ethereum is also picking up, which often benefits Layer 2 tokens like ARB. Traders should monitor ARB price action above $0.38 and watch for volume spikes on any upticks. Key SEO terms: ARB breakout, trend reversal, support levels, double-bottom pattern, trading volume. If ARB holds key support, short-term upside toward $0.90 and $1.20 becomes more likely; failure would expose downside risk back to $0.26.

In a decisive crypto seizure, the U.S. Department of Justice (DOJ) recovered roughly $1 million in cryptocurrency from the BlackSuit ransomware group and seized related servers and domains. Active since 2022, BlackSuit used double-extortion tactics against over 450 global victims, netting $370 million in ransom payments. This DOJ crypto seizure highlights advanced forensic capabilities and international law enforcement cooperation. By dismantling key infrastructure, the operation deters future ransomware attacks and strengthens cybercrime defenses. Traders should note the increased regulatory scrutiny on illicit crypto flows and potential shifts in market sentiment as enforcement measures intensify.

Ark Invest CEO Cathie Wood reaffirms a target of Bitcoin surpassing $1 million by 2030, driven by rapid institutional adoption. She highlights Bitcoin’s growing status as digital gold and a primary institutional entry point into digital assets. As more institutions recognize Bitcoin as a reliable store of value, demand and inflows from both institutional and retail investors are expected to rise. Analysts compare this shift to historical commodity adoption cycles, which may underpin long-term price stability despite Bitcoin’s inherent volatility. Traders should track institutional engagement metrics and ETF inflows for signals of future market momentum.

Solana Price surged back to the $200 level, hitting $199.5 with a 13.49% gain on the Binance USDT market. This rally reflects renewed investor confidence driven by Solana’s high transaction throughput, low fees and strong network performance. A growing developer community is launching DeFi protocols, NFT marketplaces and gaming platforms, boosting total value locked and on-chain activity. While the milestone serves as a bullish technical marker, traders should remain aware of crypto market volatility influenced by macro trends, regulatory shifts and sentiment. Sustained momentum will depend on continuous innovation and broader adoption.

Ethereum surged to $4,625, its highest level since 2021. The rally represents a 54% gain month-over-month and lifted its market cap to $552 billion, just 5.3% below its all-time high. The surge was fueled by BitMine Immersion Technologies filing an SEC prospectus to raise $20 billion. BitMine holds 1.2 million ETH (~$5.3 billion) and may add over 4 million ETH to its treasury. Analysts now see a $15,000 ETH price target as built-in. Record spot ETH ETF inflows added $2.3 billion in five days. BlackRock’s ETF alone attracted $640 million in one session, with total ETH ETF flows outpacing Bitcoin since July. Strong institutional and retail adoption underpin a bullish outlook. Chart patterns echoing the 2017 cycle and favorable monetary conditions suggest a parabolic run. Traders should watch dip-buying opportunities around the 21-day moving average and monitor ETF demand for further upside.

The 8th annual Blockchain Futurist Conference returns to Miami on November 5–6, 2025, at the Hard Rock Guitar Hotel and DAER. This major Web3 event in the U.S. will feature the first wave of speakers including Mike Belshe (BitGo), Shaw Walters (Eliza Labs), Luca Netz (Pudgy Penguins), Lisa Loud (Secret Network), Justin Sun (TRON), and others. The Blockchain Futurist Conference will host over 300 speakers across four stages, supported by sponsors such as Tangem Wallet, ZKDL, DeLorean Labs, Sullivan Hart, and Nexa. Attendees can explore multi-level expo floors, side events, and a curated NFT gallery by BitBasel. Media partners like Paul Barron Network and The Defiant will provide on-site coverage. In line with its Web3 roots, the conference accepts Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) tickets via EukaPay. With industry momentum and growing regulatory clarity, the Blockchain Futurist Conference aims to solidify Miami’s position as a global hub for crypto innovation.

On August 13, Solana (SOL) briefly climbed above $200 on the OKX exchange, posting a 3.84% intraday gain. Traders noted SOL’s ability to breach the key $200 resistance level, driven by renewed buying momentum amid broader altcoin market strength. This price surge highlights Solana’s ongoing volatility and may signal further upside if the $200 level holds as support. Market participants should monitor volume trends and potential pullbacks, as similar breakouts have often led to consolidation before the next rally. With SOL price action under close watch, traders can adjust their strategies around the $195–200 range to manage risk and capitalize on short-term momentum.

OKX USDT Simple Earn APR surged to 39% within the past hour. OKX USDT Simple Earn APR has fluctuated between 5% and 46% since last night, peaking at 46% around 05:00 UTC. Such fluctuation in the USDT flexible yield product often coincides with major crypto market volatility. Today, Ethereum (ETH) continued its upward trend, breaking the $4,600 barrier for the first time since 2022. This surge in USDT flexible yield reflects heightened market volatility and could prompt traders to shift funds into stablecoin yield products.

BIO Protocol, a leader in decentralized science (DeSci), has launched its V2 upgrade, introducing a new Launchpad, BioXP points system, staking with veBIO, and automated liquidity engines. After its January debut, BIO Protocol saw a 95% price drop due to high FDV and missing features, but the V2 release helped double its market cap beyond $200 million and exceed 100 million tokens staked within a week. The upgrade lowers FDV to $205,000, offers fixed-price launches for emerging projects, and quantifies user engagement through BioXP and veBIO incentives. The new liquidity engine collects 1% on secondary trades, funding research and rewarding token holders. Ongoing clinical trials for VitaRNA and VitaFAST in the UAE and a partnership with Pfizer demonstrate real-world DeSci applications. Upcoming Launchpad 2.0 and Founding LP Program plan to onboard 10–20 low-cap projects across Base and Solana, signaling renewed investor interest in DeSci and shaping both short-term trading upside and long-term ecosystem growth.

Crypto market volatility spiked as investors braced for the US Consumer Price Index (CPI) release. If US CPI inflation comes in at or below 2.8%, markets could see a short-term rally. However, readings above 2.8% may force the Federal Reserve to maintain high interest rates, leading to a steep sell-off in crypto assets. Elevated inflation and sustained rate hikes are bearish for speculative tokens, while cooling prices could revive bullish sentiment. Traders should prepare for rapid swings, viewing sharp dips as potential buying opportunities but maintaining risk controls and portfolio diversification.

Ethereum derivatives open interest surged by $1.9B to $24.5B in a day and then topped $30B as ETH price jumped above $4,400. This rapid growth in open interest reflects rising leverage and speculative positions in the Ethereum derivatives market. High leverage has triggered substantial liquidations, including $119M in ETH positions over 12 hours and $140M over 24 hours, contributing to $284M in total crypto futures liquidations. On-chain metrics from Glassnode show realized ETH profit-taking rebounded to $553M per day. Traders should monitor Ethereum derivatives open interest and liquidation data closely. Elevated open interest and leverage point to increased volatility and risk of sudden price corrections, while longer-term trends hinge on sustained demand for ETH derivatives.

An Ethereum developer known as “Fede’s Intern” was detained upon arrival in Izmir, Turkey, over allegations of facilitating misuse of Ethereum. Authorities cited his academic paper and code, Tutela, which demonstrated methods to deanonymize transactions in mixers like Tornado Cash. After international legal and diplomatic pressure—from contacts in the UAE, UK, US, EU, Argentina and the Catholic Church—the developer was released the same day and returned to Europe. He maintains his team only builds transparent infrastructure and plans to cooperate with Turkish legal proceedings. The incident coincided with Ethereum’s price surging back above $4,100, as retail and institutional demand drove momentum toward a new all-time high. Major holders such as Bitmine (1.2 million ETH) and SharpLink (nearly 599,000 ETH) continue to accumulate. Analysts note a completed breakout and retest pattern, increased transaction activity and institutional inflows, fueling speculation of fresh record levels. The episode has also sparked discussion around Turkey’s blockchain environment ahead of DevCon 2026 talks.

Dogecoin surged above $0.24 following a $200 million whale purchase on August 11. The price breakout formed a bullish cup-and-handle pattern on the 4-hour chart. A close above $0.235 on high volume could target $0.25–$0.27, with support at $0.215 and $0.20. The RSI at 58 indicates room before overbought territory. This whale-driven rally renews meme coin interest. Institutional products like the Grayscale Dogecoin Trust and high-profile endorsements continue to legitimize Dogecoin. If DOGE breaks key resistance near $0.25, it may trigger capital rotation into other meme tokens. Meanwhile, MAGACOIN FINANCE is attracting attention as the next potential breakout. Combining meme energy with DeFi fundamentals, its token sale approaches final stages. Limited presale supply is fueling FOMO among crypto traders seeking early entry. In summary, Dogecoin’s technical breakout, strong whale activity, and growing institutional support make the token a focal point. Traders should watch for confirmation above $0.25 and consider emerging opportunities like MAGACOIN FINANCE amid a broader meme coin resurgence.

Ripple’s XRP escrow balance reached 35.6 billion XRP, with a circulating supply of 64.3 billion XRP and over 14 million XRP burned via network fees. The XRP Ledger now supports nearly seven million active accounts, reflecting steady growth in network participation. Introduced in 2017, the XRP escrow releases up to one billion tokens monthly, returning unsold amounts to escrow. This predictable release mechanism aims to prevent oversupply and enhance market stability. With escrow releases capped annually at 12 billion XRP and unsold tokens recycled, Ripple maintains transparency and supply control. Network activity remains robust, with 98 million ledger entries, underscoring XRP’s role as a settlement asset and liquidity tool.

XRP price is consolidating small gains below the $3.32 zone and trading above the 100-hour SMA as bulls target a decisive move above the $3.30 resistance. A bearish trend line at $3.288 must be cleared before XRP price can surge toward $3.35 and potentially $3.38 or $3.40. Immediate support lies at $3.20 and $3.15 (76.4% Fibonacci retracement), with a deeper floor near $3.08 and $3.02. Hourly MACD is gaining momentum in the bullish zone, and the RSI sits above 50, signaling rising buy pressure. Traders are watching for a breakout above $3.30 to confirm upside momentum, while failure to clear this level could trigger a pullback toward key support. Clear levels to watch: resistance at $3.30/$3.35 and support at $3.20/$3.15.

On August 13, 2025, a 300 million USDT transfer moved from Aave to HTX. This USDT transfer highlights DeFi to CeFi liquidity shifts and whale activity. The funds’ relocation may support liquidity provision, pre-emptive trading positions, or arbitrage on HTX. Aave is a leading DeFi lending protocol. HTX is a major centralized exchange. Large USDT transfers often signal strategic moves by crypto whales. Such shifts can influence market liquidity and sentiment. Monitoring these movements helps traders anticipate short-term price trends and manage risk. While not directly moving markets, a substantial USDT transfer to HTX suggests a potential buildup for large trades in BTC, ETH, or altcoins. Traders should watch whale wallets and liquidity pools. Tools like Whale Alert offer real-time alerts for major transfers. Understanding these patterns supports better decision-making in volatile markets.

Ethereum’s recent price rally defied bearish social sentiment, climbing over 10% in the past week. Despite negative mentions on Twitter and Reddit, ETH held strong, underlining the growing importance of fundamentals over public mood. Data from Santiment shows a disconnect between social sentiment and market action, suggesting that traditional sentiment indicators may be losing predictive power. The Ethereum price rally underscores a maturing market, where traders focus on network upgrades, DeFi growth and institutional inflows rather than speculative chatter. As the trend continues, investors should monitor on-chain metrics and macro drivers, shifting strategies towards fundamental analysis for future trading decisions.

Slower-than-expected CPI data has weakened the US Dollar, heightening speculation that the Federal Reserve will cut interest rates in September. This US Dollar decline has sparked renewed optimism in the Forex market as traders adjust positions for a looser monetary stance. The Fed must balance cooling inflation and a robust labor market before moving on rate cuts. A softer US Dollar typically supports Asian currencies by lowering export costs and easing import inflation. Japanese Yen (JPY), Chinese Yuan (CNY), Indian Rupee (INR) and Korean Won (KRW) could see gains. Investors should monitor Fed and other central bank communications, diversify currency exposures and implement hedging strategies. Amid volatile conditions, identifying undervalued currency pairs based on interest-rate differentials may offer profitable opportunities.

On August 13, SlowMist CISO 23pds revealed that a suspected member of the North Korea-linked Kimsuky APT group suffered a massive data breach in early June 2025. Hundreds of gigabytes of internal files and hacking tools were exposed, including backdoors, phishing frameworks, and reconnaissance assets. The leaked data came from two compromised systems attributed to operator “KIM”: a Linux development workstation running Deepin 20.9, and a VPS used for spear-phishing campaigns. SlowMist’s disclosure provides rare insight into Kimsuky’s toolset and operational tactics. This cybersecurity incident underscores the persistent threat posed by APT groups to the broader tech ecosystem, including cryptocurrency platforms.

Gate.io founder and CEO Dr. Han posted on X that conviction matters more than timing. He stressed that while timing can influence crypto trading outcomes, having strong conviction in one’s strategy is the decisive factor for success. Dr. Han’s message underscores the importance of conviction for traders navigating volatile markets and encourages a mindset focused on long-term belief rather than short-term timing.

Binance will remove three spot trading pairs—ANIME/FDUSD, HYPER/FDUSD and STO/BNB—on August 15 at 11:00 UTC. The exchange will also halt related trading bot services. Traders holding these pairs should adjust positions in advance. This Binance remove trading pairs update follows the platform’s efforts to delist low-liquidity tokens and streamline its portfolio. The removal affects ANIME and HYPER against the FDUSD stablecoin and STO against BNB. Users can still withdraw these tokens after delisting. The move reflects Binance’s commitment to optimize market structure and maintain healthy liquidity. For traders, this policy change highlights the need to monitor exchange pair listings and manage exposure to small-cap tokens. Binance remove trading pairs announcements often lead to short-term price shifts, although impact is usually limited by low trading volumes.