Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum is trading near $4,718 and is approaching a critical resistance level at $5,100. According to Coinglass data, a move above $5,100 could liquidate roughly 52,430 ETH—valued at about $247.8 million in short positions—potentially creating a cascading short squeeze. Liquidations between $5,000 and $5,120 may generate sudden buy orders, driving prices higher. Over the past week, Ethereum has gained nearly 10%, breaking above previous resistance levels and signaling bullish market sentiment. Traders should monitor liquidation zones and set alerts around the $5,100 mark to capitalize on rapid price swings. Historical short squeezes in crypto markets often result in sharp upward momentum, suggesting that a successful break could push Ethereum toward new highs. Investors are advised to watch trading volume and open interest data to assess the strength of any breakout.

Dogecoin (DOGE) has formed a bullish golden cross on its daily chart, as the 50-day moving average crossed above the 200-day moving average. This Dogecoin golden cross signals a shift toward upward momentum after a recent rebound. Over the past seven days, DOGE climbed 21%, recovering from a low of $0.218 to trade around $0.241, up 8.1% in the last 24 hours amid speculation of a U.S. Federal Reserve rate cut. Historically, similar Dogecoin golden cross events in November 2023 and 2024 preceded gains of 25% and 134%, respectively. The next resistance levels stand at $0.287 and $0.30, with a decisive break potentially targeting $0.434. Whale accumulation remains strong, highlighted by BitOrigin’s treasury exceeding 70.5 million DOGE.

XRP price rally is gaining momentum as futures open interest rises. Open interest in XRP futures jumped by 9.5% in 24 hours. This surge indicates fresh capital inflows, notably from institutional investors. Technical indicators on XRP charts suggest a bullish trend targeting $6 in the near term. Positive market sentiment follows Ripple’s legal victory over the SEC. The end of the lawsuit has alleviated regulatory concerns and boosted confidence in XRP’s outlook. Traders can monitor futures volume and chart patterns for entry signals. Rising institutional interest and supportive technical setups make this XRP price rally a key event for market participants. Keep an eye on open interest levels and resistance near $6, as a sustained breakout could drive further gains.

US tariffs have driven customs duty revenues to record highs, with July receipts up 300% year-on-year at $29.6 billion. Cumulative collections for March through July surpassed $100 billion, far exceeding the monthly peaks of the 2018 trade war. Tariff rates on major trading partners – India (25%), Brazil (40%) and Japan (15%) – are boosting government income but have done little to close a mounting budget deficit. July’s $30 billion in customs revenues was overshadowed by a $47 billion deficit, prompting expectations of mandatory interest rate cuts. As rate-cut prospects strengthen, gold and Bitcoin have gained momentum. Bitcoin price is now on track for a $121,000 target amid these shifts. Looking ahead, tariff revenues may rival corporate tax income, creating a resilient macro backdrop for the crypto market. Traders should watch for policy announcements that could further fuel Bitcoin’s advance.

XRP price rose 2.81% to close at $3.29, spiking to a session high of $3.33 on institutional trading volume more than double its daily average. The XRP price surge followed Ripple’s settlement with the SEC, which removed a multi-year overhang on corporate treasury flows. However, resistance at $3.33 triggered profit-taking, bringing the price back below $3.30 before the $3.20 support held firm. Volume peaked at 193.9 million, compared with a 24-hour average of 81.5 million. Traders are now monitoring breakout attempts above $3.33 and the sustainability of support at $3.20. On-chain data shows limited new wallet growth despite strong price action, suggesting large-holder rebalancing rather than fresh inflows.

BNB surged over 4% in 24 hours, climbing from $813.90 to above $850 as corporate buying and a wider market rally drove its price near the $860 all-time high. The rally followed CEA Industries’ acquisition of 200,000 BNB, marking the firm as the largest corporate holder and underscoring growing corporate interest in crypto assets. Trading volume tripled its daily average, reinforcing bullish momentum. However, strong selling pressure emerged around the $855 level, indicating potential short-term consolidation. The broader CoinDesk 20 index gained 5.3%, with BNB maintaining its dominance in the exchange token sector, representing over 81% of market cap and trading within 1% of its record peak.

BONK, the Solana-based meme token, initially tested support at $0.000024 after failing to hold above resistance at $0.000027 on heavy trading volume. The sell-off peaked with volumes hitting 1.13 trillion tokens before a 3% rebound in the final trading hour. BONK then rallied 10%, climbing from $0.000025 to $0.000027 as trading volumes remained above the 24-hour average of 956.8 billion. A mid-session profit-taking dip around 12:52 UTC saw a 38-billion-token sell-off and a 1% pullback to $0.00002646. Institutional interest remains strong following a $25 million investment by Nasdaq-listed Safety Shot into the Bonk.fun launchpad. Traders will watch the $0.000024 support and $0.000027 resistance levels for short-term direction amid heightened volatility.

Bitcoin and major altcoins rallied strongly on August 13. The Crypto Fear and Greed Index jumped into the “greed” zone. Fed rate-cut expectations rose after July’s inflation and jobs data. Traders now price in a possible rate reduction in September. Bitcoin broke above $122,000 resistance. Ethereum climbed past $4,700. Solana, Binance Coin and XRP also posted gains. Institutional demand fueled the move. Spot Ethereum ETFs saw over $1.7 billion inflows this week. Spot Bitcoin ETFs now hold $54 billion. Treasury companies and derivatives-based ETFs added positions. Cryptocurrency prices are also buoyed by bets on SEC approval for Solana, Cardano, Hedera Hashgraph and Dogecoin ETFs. Market sentiment remains risk-on. Equity indices such as the S&P 500 and Nasdaq 100 hit record highs. However, technical risks persist. Bitcoin may form a double-top at $123,000. A confirmed reversal could weigh on altcoins. Macroeconomic or recession concerns could also dampen momentum. Traders should monitor derivatives data and chart patterns as the rally unfolds.

A 30-day smart trader opened a 20x leveraged long position in Solana (SOL) worth $85 million, according to Nansen data. Over the past 24 hours, the unrealized profit on this SOL position reached $4.6 million, marking a 109% gain. The trader has also generated multi-million dollar profits on long positions in Bitcoin (BTC) and Ethereum (ETH). This event underscores growing whale interest in leverage trading and could signal continued upward momentum in major cryptocurrencies.

Crypto futures liquidations have surged to $569 million in the past 24 hours, up from $343 million reported earlier, with long positions accounting for $401 million and shorts at $168 million. Bitcoin (BTC) experienced $88.8 million in forced liquidations, while Ethereum (ETH) led with $273 million. This spike underscores elevated market volatility and the risks of leveraged positions unwinding. Traders should closely monitor open interest, funding rates and leverage ratios to anticipate further liquidation cascades. Historically, large-scale liquidations can signal trend reversals and suggest short-term bearish momentum as selling pressure mounts on leveraged longs.

On August 13, Onchain Lens detected a whale depositing $3.36 million USDC into HyperLiquid, opening high-leverage short positions on Bitcoin (40×), Ethereum (10×) and Solana (20×). By using HyperLiquid’s margin trading, the whale signaled a bearish outlook on major crypto assets. Such a sizable USDC margin move on HyperLiquid suggests elevated short interest and potential downward pressure. Traders should monitor funding rates, open interest and liquidation risks on HyperLiquid, as large shorts at high leverage can drive volatility and trigger cascade liquidations.

XRP price has seen a surge in futures open interest, rising 9.5% in 24 hours and 24% over 10 days to $8.68 billion. Renewed demand follows the SEC’s resolution of its case against Ripple. The daily chart shows XRP trading inside a bullish flag pattern, with resistance at $3.66. A close above this level could send XRP price toward the bull flag target of $5.80. On the weekly chart, a rounded bottom breakout above the $3.40 neckline would confirm a bullish trend and pave the way for a $6.70 technical target. Key indicators like the 0.04% positive funding rate, a 74% long position skew on Binance, and an RSI of 64 signal room for further upside. Traders should watch for a decisive close above critical chart levels.

Bitcoin reclaimed $120,000 support and surged past $122,000 as Wall Street traders returned to the market. Short positions were liquidated amid renewed volatility, pushing 24-hour crypto liquidations above $500 million. Institutional demand strengthened both Bitcoin and Ether. On Coinbase, institutions accounted for 75% of trading volume, while BitMine raised $20 billion to buy more ETH. Ether hit its highest level since December 2021, trading within $150 of its all-time high. Analysts forecast a breakout. Rekt Capital confirmed Bitcoin’s breakout from a bull flag and identified $126,000 as a pivotal resistance-turned-support level. For Ether, $4,631 is the key level to sustain a move into price discovery. Traders now watch for continued range extension or a fresh push into uncharted territory for major cryptocurrencies. This momentum highlights steadily increasing institutional backing and the potential for new record highs in the coming weeks.

Large-scale whale buying has pushed XRP to the brink of a new all-time high while fueling interest in emerging altcoins. Between August 7 and 10, major investors added roughly 3.8 billion XRP to their holdings. During that window, XRP’s price climbed from $2.85 to a high of $3.27 and now stands at $3.32, just 4% below its $3.45 ATH set in July. Analyst Gert van Lagen cites a seven-year double-bottom breakout and a successful $1.80 neckline retest, forecasting a potential $34 target for XRP. Regulatory clarity following the Ripple-SEC lawsuit settlement and fresh US proposals like the GENIUS Act have bolstered whale confidence. This bullish momentum is spilling into new projects such as Maxi Doge (MAXI), which has raised over $806 000 in presale. MAXI’s tokenomics allocate 40% of supply to marketing and 15% to the development team. Audits by Coinsult and SolidProof report no critical issues. Plans include gamified tournaments, NFT launches, and futures trading integrations. With a presale price of $0.000252 and a 347% staking APY, MAXI aims to capture market sentiment as dog-themed tokens command a $51.9 billion niche market.

Thomas Lee, co-founder of Fundstrat Global Advisors, asserted in a recent interview that buying Bitcoin today remains early in its growth cycle. He noted that 95% of investors still lack Bitcoin exposure, highlighting vast upside potential. Lee compared Bitcoin’s current stage to the internet in 1996 and emphasized ongoing exponential opportunity. He expects deeper institutional adoption, technology integration and bank use of Bitcoin as collateral. Major firms like Strategy and Metaplanet continue to accumulate Bitcoin for treasury reserves, with Metaplanet now holding over 18,000 BTC after adding 518 coins. Lee also pointed to Bitcoin’s decentralized blockchain as a remedy for financial sector risks, offering greater transparency and security. At around $119,700 per BTC, he believes the asset still has substantial room to grow. This reinforces growing interest from both institutional and retail investors in the leading digital currency.

Bitcoin Hyper presale has raised over $9 million, driven by several whale buys including a record $161,000 purchase. The Bitcoin Hyper project aims to solve Bitcoin’s scalability bottleneck—limited to roughly seven transactions per second (TPS) and high, unpredictable fees during peak demand. The Layer-2 solution uses the Solana Virtual Machine and zero-knowledge proofs for instant, low-cost BTC transfers. Users bridge BTC to the Layer-2, transact at near-zero fees, and settle back on the main chain via ZK proofs. The presale price is $0.012675 per HYPER with early stakers earning up to 119% APY. Proceeds will fund a mainnet launch, developer tools for DeFi, NFTs, and meme coins. Bitcoin Hyper could boost BTC utility and compete with Ethereum and Solana for DeFi capital and gaming. Traders should watch for increased on-chain activity and shifting liquidity. DYOR.

PENGU, the native meme coin of Pudgy Penguins, surged 15% to $0.0376 on August 13, driven by a 17.5% jump in trading volume and a flag-and-pole breakout pattern. Analysts highlight a CBOE-backed PENGU ETF filing under SEC review and expanding Asian market adoption as catalysts for a potential 100% rally to $0.075 by mid-September. Public companies like Nasdaq-listed BTCS Inc. are adding Pudgy Penguins NFTs to their treasuries, diversifying beyond Ethereum (ETH). BTCS boosted holdings with three Pudgy Penguins NFTs after a record 14,240 ETH purchase, aiming to capture social value and brand engagement. These developments position PENGU as a leading altcoin play, combining meme appeal, NFT demand and real-world revenue. Crypto traders should watch volume spikes, ETF updates and NFT treasury trends for short-term entries and long-term growth signals.

Analysts from HashGlobal via influencer Crypto Patel issued a BNB price prediction, forecasting that Binance Coin (BNB) could climb to $2,000 by year-end. The BNB price prediction is based on technical analysis highlighting key breakout levels. BNB currently trades at $854.64, up 6.5% over 24 hours, with a market cap of $119 billion and daily volume of $3.4 billion. To reach $2,000, BNB must gain over 134%. Factors cited include Binance’s growing ecosystem, high trading volumes and evolving regulatory landscape. Institutional adoption, a bullish altcoin season and potential approval of BNB ETF applications by the US SEC could further propel gains. However, analysts warn of downside risks if market momentum falters. Traders should monitor resistance breakouts and regulatory developments closely.

On August 7, 2025, Ripple Labs and the U.S. SEC dropped their appeals, ending a nearly five-year legal battle over whether XRP was an unregistered security. The ruling confirmed that XRP traded on public exchanges is not a security, removing the main regulatory obstacle for institutional investors. Since the settlement, daily XRP trading volumes have surged 208% to roughly $12.4 billion, suggesting major players are returning to the market. Galaxy Digital disclosed a new position of $34.4 million in XRP (15.39 million tokens), marking the firm’s first large XRP investment. Other institutions have filed for XRP ETFs and launched custody solutions, but few have publicly shown substantial purchases this month. Analyst Steven McClurg of Canary Capital projects that an approved XRP ETF could attract up to $5 billion in inflows during its first month. XRP’s price climbed from $3.15 to $3.25 between August 12 and 13, peaking at $3.30 during heavy volume, with professional block-order patterns visible. Support levels held at $3.25–$3.26 and resistance at $3.30, indicating strong but cautious buying activity. While legal clarity has opened the door for institutional demand, broad adoption remains limited. For XRP’s rally to sustain and grow, it will require ongoing inflows from both institutional and retail investors worldwide.

Offchain Labs has acquired ZeroDev, a smart account infrastructure provider, integrating its five-person team to enhance Arbitrum’s developer tooling and user experience. CEO Steven Goldfeder calls this “the next iteration” beyond scaling, aiming to solve key barriers to blockchain mass adoption. ZeroDev powers smart accounts for ApeChain, Infinex and Crossmint, offering gas abstraction, programmable security and automated transactions. Goldfeder highlighted that fragmented wallet support and cross-chain steps—such as switching between ETH on Arbitrum One, APE on ApeChain and ARB holdings—hamper UX. While continuing to explore hybrid rollups and eventual ZK proofs, Offchain Labs will now deliver a cohesive full-stack solution, packaging scaling infrastructure with smart accounts and seamless wallet integration to attract the next wave of users.

Block, Jack Dorsey’s fintech firm, announced plans to raise $1.5 billion in a private senior notes offering to qualified institutional buyers. The senior notes offering will feature two series of notes with terms—interest rate, maturity date, and redemption provisions—set through negotiations with initial purchasers. Proceeds will fund debt repayment, acquisitions, capital expenditures, investments, and working capital. Block, listed on the NYSE under ticker XYZ, holds 8,692 BTC worth over $1 billion after acquiring 108 BTC in Q2. The company is also expanding its Bitcoin ecosystem across Square, Cash App, Afterpay, Bitkey, and its Proto mining initiative. Proto will release new Bitcoin mining chips this week, and Square plans to launch Bitcoin payment options for sellers.

Analysts forecast XRP price could skyrocket from $3.20 to $13 by late 2025. They cite whale accumulation, a symmetrical triangle breakout, and an expected SEC ruling in August as catalysts. Cardano’s ADA, trading around $0.75, targets $1.50–$2.00 after the Hydra scaling upgrade boosts throughput. Meanwhile, memecoin Pepeto has raised over $6 million in its presale at $0.000000146. It is backed by zero-fee PepetoSwap, a native cross-chain bridge, and audits by SolidProof and Coinsult. With a 420 trillion supply and phased tokenomics, Pepeto offers high-beta upside similar to past meme cycles. Traders should balance the XRP price surge potential and ADA upgrades against Pepeto’s convex upside, monitoring SEC updates, upgrade milestones, and liquidity to optimize their 2025 portfolio.

Ethereum (ETH) has surged to multi-year highs around $4,700, approaching its all-time high near $4,860. On-chain data from CryptoQuant shows sustained exchange outflows, with the 30-day simple moving average (SMA30) registering daily withdrawals of 40,000 ETH. This negative netflow indicates strong buying pressure as holders move coins off exchanges into private wallets, staking contracts and DeFi protocols, reducing sell-side supply. Over the past month, 1.2 million ETH left exchange accounts, marking one of the largest accumulation trends in recent history. Technically, ETH trades above its 50-, 100- and 200-week SMAs, confirming a robust long-term uptrend. The decisive break above $3,860 earlier in August now supports a run toward price discovery. If bulls overcome resistance at $4,860, Ethereum could enter uncharted territory, potentially accelerating momentum as traders and institutions join the rally. For now, solid on-chain metrics and technical strength favour further upside for Ethereum.

Pantera Capital has committed $300 million to fund Crypto Treasuries through Digital Asset Treasury (DAT) firms across the US, UK and Israel. These DATs hold reserves in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB, TON, HYPE, SUI and USDe. Pantera’s strategy focuses on active yield generation, deploying assets via staking, lending and on-chain tactics. Early partners include BitMine Immersion Technologies, which holds 1.15 million ETH, and Metaplanet and The Smarter Web Company, each with over $50 million in BTC. Pantera’s DAT Fund, led by Cosmo Jiang and Erik Lowe, aims for per-share accretion and long-term growth. The move underscores a shift from passive ETFs to on-chain treasury management. Traders should monitor crypto treasuries as institutional demand and yield-seeking strategies intensify.

XRP bullish signals are aligning, suggesting a potential price surge. The token has held above strong support at $2.68 and climbed roughly 4% in the past week and 16% over the last month. Moving averages remain stable, while the RSI stays below overbought levels, indicating healthy momentum. A proprietary XRP-specific trend indicator, historically accurate, has flipped positive. Immediate resistance sits at $3.65; a sustained break could drive XRP toward the next target of $4.12. Traders should monitor these XRP bullish signals closely, as confirmation of a breakout may trigger increased buying pressure and higher volatility. Key levels to watch are support at $2.68 and resistance at $3.65, with momentum indicators suggesting room to run.

Ethereum price has rallied through the $4,000 and $4,200 barriers to reach $4,500, driven by record ETF inflows, institutional buying and whale accumulation. In July, net ETF inflows surpassed the total from all prior months, fueling a 200% rally over four months and pushing ETH within 15% of its all-time high. Technical analysis shows Ethereum trading in an ascending channel on the 4-hour chart with higher highs and higher lows, indicating sustained buying pressure. On-chain data reveals minimal liquidity obstacles above $4,500, opening a clear path to the $4,800–$5,000 range upon a decisive breakout. Key support levels lie at $4,200 and the daily trendline near $4,000, while downside liquidity clusters around $3,600 could trigger deeper pullbacks if broken. Traders should monitor ETF net flows, on-chain whale activity, and resistance at historic highs for potential entry and exit points.

Bitcoin price is approaching the key $123K resistance after rising within an ascending channel since mid-April. The 100-day and 200-day moving averages have formed a bullish crossover. On the daily chart, the lower channel trendline acts as dynamic support. A break above $123K could set a new all-time high. On the 4-hour timeframe, Bitcoin price has shifted from consolidation to a bullish trend. It broke out of a descending channel and now follows an upward trendline. The RSI remains above 50, reinforcing bullish momentum. The $116K zone may offer support if a pullback occurs. On-chain data shows a divergence between price and open interest. While Bitcoin price climbs, open interest declines. This suggests the rally is driven more by spot demand and short covering than by leveraged speculation. A lower open interest may mean fewer participants to defend key levels in a sell-off.

Hyperliquid (HYPE) has executed $4 million in daily buybacks, reinforcing token value and sustaining robust fee generation across varied market conditions. Traders are monitoring HYPE’s potential breakout above the $54–$55 resistance. Meanwhile, Nexchain’s AI-driven layer-1 presale enters stage 25, raising $8.33 million of its $9.28 million goal at $0.10 per token. With a projected listing price of $0.30, early backers could see 300% gains. Nexchain integrates artificial intelligence into consensus and smart contracts to deliver up to 400,000 TPS at just $0.001 per transaction. Its hybrid PoS-AI consensus auto-scales without manual tweaks. Targeting finance, healthcare, logistics, IoT, government services and content monetization, Nexchain also offers cross-chain interoperability. A public testnet launches August 11, 2025. The roadmap includes bridge deployments, SDK releases, a Q4 2025 mainnet launch with AI oracles and DeFi partnerships, followed by Q1 2026 beta testing and exchange listings. This blend of Hyperliquid buybacks and Nexchain’s scalable AI architecture presents both short-term trading and long-term investment opportunities.

BlockDAG presale has raised $373 million in Batch 29 at $0.0276 per BDAG, driven by a gamified Buyer Battles feature. Each day, participants compete to be the top buyer, with any unsold daily allocation awarded to the largest purchaser at no extra cost. Buyer Battles adds urgency, maintains high engagement, and motivates larger purchases. The presale’s momentum secures resources for development and partnerships. BlockDAG presale has also confirmed listings on 20 exchanges, including MEXC, BitMart, LBank, Coinstore and XT.com, ensuring immediate liquidity post-launch. With a competitive presale model and broad exchange access, the project strengthens community engagement, liquidity prospects and trader interest ahead of its public launch.