Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bybit has launched a LATAM Bitcoin P2P promotion with a 30,000 USDT reward pool. New and eligible users in Argentina, Brazil, Bolivia, Colombia, Chile, the Dominican Republic, Mexico, Peru and Venezuela can qualify. To join, complete Level 1 KYC and make a first BTC purchase of at least 100 USDT via Bybit P2P. Each qualifying trader receives a 15 USDT coupon in the Rewards Hub, auto-applied to the next P2P order of 100 USDT or more. The Bybit LATAM Bitcoin P2P promotion runs until September 10, 2025 or until the pool is exhausted. Rewards are issued on a first-come, first-served basis and distributed within ten working days after the campaign ends. This Bybit P2P promotion aims to drive trading volume, boost BTC access and improve market liquidity in high-growth Latin American markets.

MicroStrategy has expanded its BTC holdings to 629,376 after acquiring 430 BTC at an average price of $119,666 each, funded by preferred stock sales of STRK, STRF and STRD. Meanwhile, investment firm MetaPlanet purchased 775 BTC at around $120,006 per coin, raising its total to 18,888 BTC and targeting 30,000 BTC by end-2025. On-chain tests show Solana processed 107,540 TPS—over 25 times its usual throughput and surpassing Visa’s 65,000 TPS limit—highlighting Solana’s scalability potential. Web3 wallet Backpack will publish daily proof-of-reserves reports, audited by OtterSec, to ensure transparency. Lastly, crypto influencer Charles O. Parks III pled guilty to a ‘cryptojacking’ scheme using stolen cloud computing power, facing over a year in prison and forfeiting $500,000. These developments underline shifting BTC accumulation trends, network performance benchmarks and compliance measures affecting trader strategies.

Gemini pre-IPO financials fell short of expectations, reporting a $282.5 million net loss and $68.6 million in revenue for H1 2025, as exchange volumes and GUSD market cap trail rivals. The Gemini pre-IPO filing also notes a $75 million Ripple credit line and dual-class shares securing Winklevoss control. Simultaneously, the US Treasury’s DeFi KYC consultation under the GENIUS Act seeks feedback on digital identity, AI, and API measures to detect illicit stablecoin transfers. The DeFi KYC request reflects growing regulatory focus on stablecoin AML/CFT compliance. This follows the Fed’s decision to end its novel crypto oversight program, while Citi explores stablecoin custody and ABTC pursues Asian acquisitions and tariff-free Bitmain rigs. The developments underscore rising regulatory scrutiny, exchange profitability pressures, and potential impacts on DeFi anonymity.

Paradigm has designed a new private prediction market model, dubbed “opportunity market,” where institutions supply liquidity and only see market prices until after a defined window, preventing information leakage. Spotters can bet on events—like signing an unsigned artist—without traditional counterparties. Institutions commit funds (e.g., $25k) to automated market makers. Early bets push price up, signaling opportunities. After the “opportunity window,” positions and prices are revealed; if the outcome occurs, traders receive payouts. The opportunity market uses privacy controls to guard price data, supports both AMM and order-book liquidity, and can implement “front-N” markets to cap commitments. Paradigm addresses core challenges in prediction markets: matching counterparties, protecting private signals, and aligning incentives. Reputation commitments and trusted execution environments (TEEs) curb exploitation. This concept opens new DeFi pathways for private prediction markets.

Bitcoin dropped below $115,000 for the first time in nearly two weeks, retesting the $114,500 support before bouncing back toward $117,000. Analysts warn that this rejection from recent highs could signal a corrective phase, with a potential 15%–25% pullback. Primary support now sits at $112,000; a break below could trigger another $4,000 slide to around $108,000, driven by a noted liquidity grab between these levels. On‐chain data shows the Accumulation Trend Score has fallen to 0.20, indicating redistribution rather than accumulation. Meanwhile, weekly charts reveal Bitcoin closed below a long-running bull flag, suggesting a confirmed breakdown. According to technical blogger Rekt Capital, BTC is entering its second “Price Discovery Correction,” historically occurring after similar uptrend peaks in 2017 and 2021. Those pullbacks lasted 1–3 weeks and reached 25%–29%. Traders should watch for confirmation of a rebound above $116,500 or prepare for deeper correction toward critical support.

SubQuery has launched a GraphQL AI Agent that creates AI-driven on-chain agents for Web3. The agent lets users query blockchain data in plain English. It automates smart contract functions and integrates with the Model Context Protocol (MCP) and AI-powered IDEs. Developers can now build indexers and deploy them without writing code. These AI-driven on-chain agents monitor decentralized exchanges (DEXs), optimize DeFi yield farming, and automate DAO tasks. The integration highlights the power of Web3 technology and AI. Security, data accuracy, and ethical use remain key considerations. This update marks a step toward more efficient, decentralized applications. Traders can expect faster data access and smarter automation across blockchain platforms.

Illinois Governor JB Pritzker signed two bills strengthening crypto regulation by granting the state’s Department of Financial and Professional Regulation oversight of digital asset exchanges and crypto ATMs. The Digital Assets and Consumer Protection Act (SB 1797) requires firms to maintain financial reserves, implement cybersecurity and anti-fraud protocols, and provide clear disclosures and customer service standards. The Digital Asset Kiosk Act (SB 2319) mandates registration of crypto ATMs, caps fees at 18%, forces full refunds for scam victims and limits daily transactions for new users to $2,500, addressing Illinois’ ranking as fifth in crypto-related fraud losses in 2024. Pritzker criticized the Trump Administration for deregulating the industry and allowing “crypto bros” to shape federal policy, citing the rollback of IRS broker definitions for DeFi platforms. Meanwhile, ex-Senator Sherrod Brown, known for his push for tighter crypto regulation, announced a 2026 Senate bid focusing on workers’ rights and economic fairness. Brown’s return follows his 2024 defeat amid heavy pro-crypto PAC spending. With federal bills like the GENIUS Act on stablecoin regulation pending in Congress, traders should monitor evolving state and federal crypto regulation landscapes for potential market impacts.

Industry groups in Hong Kong and the US have challenged new stablecoin regulations. In Hong Kong, market participants warned that stringent Know Your Customer (KYC) and anti-money laundering (AML) rules under the new regime—live since August 1—may deter license applications, with no full licenses issued yet. US banking associations urged Congress to close an interest-payment loophole in the GENIUS Act, which prohibits stablecoin issuers from paying yields directly but not via exchanges, to prevent runs and protect depositors. Separately, Hong Kong’s Securities and Futures Commission (SFC) tightened security for virtual asset trading platforms, mandating cold-storage key backups, vendor due diligence, and staff training after recent exchange hacks. In the UAE, VARA and the SCA formalized a partnership for joint risk assessments and data sharing to streamline licensing across the emirates. In the US, OFAC sanctioned entities behind Russia’s ruble-backed A7A5 stablecoin on Ethereum and Tron for sanctions evasion. A Manhattan jury convicted Tornado Cash co-founder Roman Storm of operating an unlicensed money service business, raising DeFi regulatory risks. FinCEN issued alerts on crypto ATM fraud, noting a 31% year-on-year rise in scams via kiosks. Finally, an executive order from President Trump directs agencies to enable 401(k) investments in cryptoassets and alternative assets, opening retail retirement accounts to digital currencies. These developments reflect evolving global regulatory and compliance trends, impacting market structure, AML/CFT frameworks, license processes, and retail investment. Traders should monitor license approvals, AML rule adjustments, sanctions updates, DeFi legal rulings, and retail adoption signals for potential market volatility.

US Treasury has opened a 60-day public comment period on stablecoin regulation under the GENIUS Act, running until October 17. The initiative seeks practical input on using application programming interfaces (APIs), artificial intelligence (AI), digital identity verification and blockchain monitoring to enhance anti-money laundering (AML) and sanctions compliance. This stablecoin regulation review will influence standard-setting for APIs and AI in transaction monitoring, digital identity tools for KYC and blockchain analytics for tracing illicit flows. The Treasury will assess the effectiveness, costs, privacy and cybersecurity implications of these technologies. The GENIUS Act also mandates strict reserve requirements for payment stablecoin issuers and aligns federal and state regulatory frameworks while enforcing existing AML and sanction laws. Final rules will take effect 18 months after the Act’s enactment or 120 days after Treasury and Federal Reserve publish regulations, whichever is sooner. Traders should prepare for increased compliance costs and operational changes that may affect market liquidity and volumes in the short term, while potentially strengthening market integrity over the long term.

Bank of America reports that investors are aggressively chasing the EUR/USD rally using high forex leverage. The surge reflects strong conviction in Euro strength driven by speculations of a hawkish ECB stance, robust Eurozone data, and elevated global risk appetite. However, heavy use of 1:100+ leverage magnifies both gains and losses, raising the risk of margin calls and forced liquidations if sentiment shifts. BofA warns the EUR/USD rally may be overextended, with a sudden correction triggering sharp volatility across currency and risk assets, including cryptocurrencies. Traders are advised to prioritize risk management, employ conservative leverage, and monitor key indicators such as central bank communications, inflation rates, and GDP figures. Amid FOMO-driven buying, the market faces potential liquidity strains if leveraged positions unwind rapidly. Careful position sizing, stop-loss orders, and a clear exit strategy are essential to navigate the current fragile environment.

Ripple is positioning its XRP token as a direct replacement for the SWIFT network, aiming to process $21 trillion annually and capture significant payment liquidity. By bypassing SWIFT’s pre-funding model, XRP enables faster, lower-cost cross-border transactions. Ripple CEO Sal Gilbertie has also proposed a 2x leveraged XRP ETF, signaling growing institutional interest. Despite these ambitions, XRP’s price dipped 1.25% on market concerns over SWIFT’s future and broader volatility. With over 45 countries integrating RippleNet, XRP’s expanding network underscores its potential to reshape global payment processing. Traders should monitor adoption milestones and regulatory developments, as increasing institutional products and partnerships may drive renewed bullish momentum in XRP markets.

Ethereum ETFs recorded $2.85B inflows last week, including $241M via ETH ETFs, marking historic institutional demand. Ethereum reached multi-year highs near $4,800 before consolidating around $4,400, supported by declining exchange supply and adoption by public companies. The price holds above its 50-, 100- and 200-week moving averages, indicating solid support. Traders will watch ETF flows and the $4,400 support zone for potential rebounds and a clear break above $4,900 to confirm the next bullish leg. Analysts predict continued ETF demand could drive Ethereum toward $15,000, underpinning both short-term rallies and long-term growth.

South Korean crypto exchange Bithumb has listed Bio Protocol (BIO) with a Korean won (KRW) trading pair. Trading opens on August 19, 2025, at 5:00 PM KST, with BIO’s initial price set at 184 KRW. Deposits and withdrawals will be enabled within three hours of the announcement and require 33 block confirmations. Bithumb supports BIO only on the Ethereum network; deposits from other chains are not accepted. Bio Protocol is a DeSci (Decentralized Science) platform that tokenizes intellectual property and enables researchers to secure private funding. Token holders can stake BIO tokens for governance and to influence research directions. Analysts expect the listing to raise awareness of Bio Protocol and spur interest in DeSci projects across Korea’s crypto market.

Bitcoin price peaked above $124,000 last Thursday following a sharp midweek rally but retraced to $118,000 after U.S. PPI data and slid further to $115,000 as markets awaited the Trump-Zelenskyy meeting. Despite both leaders reporting progress on security guarantees, BTC failed to reclaim $117,000 and posted a 3% weekly loss, with market cap at $2.23 trillion and dominance near 58%. Most large-cap altcoins traded sideways; Ethereum held above $4,250 and XRP defended $3.00. OKB and MNT led gains, each surging over 10% to $130 and $1.35 respectively. The total crypto market cap rose by $30 billion to $3.97 trillion. Traders should note volatility around political events and selective altcoin strength when adjusting positions.

On August 19, trader 0x0a07 deposited 1 million USDC into Hyperliquid, a decentralized platform offering high-leverage trading. This USDC deposit on Hyperliquid enabled 0x0a07 to open maximum leverage long positions on Ethereum (ETH), Bitcoin (BTC) and the PUMP token. The move highlights growing interest in leverage trading and underlines the trader’s bullish conviction amid elevated market volatility. Professional traders are increasingly using DeFi venues like Hyperliquid for amplified exposure. The large USDC deposit signals potential short-term price reversals for major cryptocurrencies. Market participants should watch funding rates and liquidation levels closely, as sizeable leveraged positions can intensify price swings. Overall, this transaction underscores a bullish outlook for ETH, BTC and PUMP, reflecting rising adoption of leverage strategies in the DeFi ecosystem.

Faraday Future (FF) and founder Jia Yueting have launched a high-stakes “EAI + Crypto” strategy centered on a $10 billion crypto treasury and the C10 index. The C10 index, tracking the top ten non-stablecoin assets like BTC, ETH, and SOL, underpins FF’s treasury plan. FF aims for 3%–5% annual yields on a $1 billion fund, with profits split equally among vehicle R&D, crypto reinvestment, and share buybacks. Despite a 400% rally in FF stock, the plan faces major execution risks. FF has yet to secure the first $500 million–$1 billion in capital, and its Q1 revenue was only $300,000 against a $43.8 million loss. An active SEC inquiry into Jia’s past dealings adds regulatory uncertainty. Meanwhile, factory delivery remains stalled: just 30 FF91 vehicles delivered since 2023, generating negligible sales. FF’s new Faraday X brand claims 10,000 small orders for its Super One MPV, but analysts doubt real conversion. Tokenizing undelivered car orders as RWA for USDT financing recalls past LeEco collapses. If crypto markets dip, FF’s treasury could devalue, triggering creditor runs and deepening losses. Traders should watch for funding milestones, SEC developments, and actual EV deliveries. This crypto treasury gamble may either mask a delivery crisis or accelerate FF’s downfall.

Global attention turns to the Fed’s annual Jackson Hole symposium in Wyoming on August 22, where Chair Jerome Powell will deliver a keynote amidst conflicting U.S. inflation and employment signals. July nonfarm payrolls rose by just 73,000 jobs—well below expectations—and prior months were revised down, while the producer price index jumped 0.9% month-on-month, its largest surge in nearly three years. Consumer prices rose 2.7% year-on-year, with a 3.1% core reading above the Fed’s 2% target, signaling persistent inflation pressures. Investors currently price in a 25 basis-point rate cut in September, but the recent PPI surprise has trimmed those expectations. Powell is also expected to unveil the Fed’s review of its 2020 monetary policy framework, potentially shifting away from flexible average inflation targeting toward more forward-looking guidance. Historically, Jackson Hole week has delivered mixed equity returns, and high asset valuations combined with policy uncertainty could spur market volatility. Crypto traders should watch Powell’s tone on future rate cuts, inflation outlook, and communication strategy—key factors likely to shape risk appetite and trading activity in both the short and long term.

Bitcoin has confirmed a bearish breakout from the rising wedge that formed in April, slipping 8% from its all-time high above $124,500 after breaking below the wedge’s support trendline and the 50-day EMA around $110K. Technical analysts warn that if the $110K–$112K support fails, BTC could slide to $105K–$108K and test the key $98K–$100K zone by September, with a measured downside target of $88K based on wedge height projection. On the weekly chart, a developing double-top pattern echoes the 2021 reversal, potentially driving Bitcoin toward the 50-week EMA near $94,750. Glassnode on-chain data show whale addresses holding over 1,000 BTC at multi-month lows, signaling profit-taking and added selling pressure. However, a likely 25bps Fed rate cut in September and a growing global M2 money supply may cushion the downturn and support a longer-term uptrend.

After a sharp sell-off before March, PEPE Coin has been trading in a gradual uptrend, forming higher lows around the key support near $0.00000996, and is now hovering at $0.00001044. Technical indicators show the 50-day SMA at $0.00001153 and the 200-day SMA at $0.00000996, with an RSI of 42 suggesting neutral momentum. A decisive breakout above $0.00001153 could open upside targets at $0.000018–$0.000020, followed by $0.000026–$0.000028. Conversely, a breach of the ascending trendline risks a pullback to $0.0000085. This PEPE Coin price prediction highlights a critical juncture as traders monitor support and resistance levels for potential buy opportunities or bearish reversals.

Ethereum Rollups are evolving into franchised branches—“McRollups”—anchored by Ethereum’s core infrastructure. As the franchisor, Ethereum provides the validator set, settlement layer, EVM standards and shared tooling. Individual rollups act as franchisees, customizing runtime (EVM, zkVM, WASM), fee models, governance, sequencers and data availability to suit specific use cases like DeFi, gaming or social apps. Successful rollup operators must manage technical operations (sequencers, DA, proofs), build developer ecosystems, support users and design token economies. Shared infrastructure—cross-chain bridges, shared sequencers (e.g., Superchain, Espresso), DA networks (EigenDA, Celestia) and toolchains—lowers costs and unlocks interoperability. The key strategic imperative is synchronous composability: atomic, determin­istic cross-Rollup calls that enable seamless state and asset transfers without fragmented liquidity or complex bridges. Without synchronous composability, mature rollups may break away, build full-stack solutions or switch settlement layers, eroding Ethereum’s network effects. Composability thus serves as Ethereum’s economic defense layer—retaining shared liquidity, unified UX and collective value accrual. Beyond Layer 2 scaling, Ethereum Rollups are autonomous, interconnected digital economies. The “McRollups” era heralds a programmable franchise model: independent yet brand-aligned rollups leveraging Ethereum’s finality and trust.

MicroStrategy added 430 BTC on August 19, 2025, at an average price of $119,666 per Bitcoin. This purchase lifts its total Bitcoin holdings to 629,376 BTC—over 3% of the circulating supply. The acquisition was funded by selling 179,687 STRK, 162,670 STRF and 140,789 STRD preferred stock shares. Investment firm MetaPlanet also bought 775 BTC at around $120,006 each. MetaPlanet now holds 18,888 BTC and aims to reach 30,000 BTC by the end of 2025, targeting 1% of total supply. These moves highlight growing institutional investment in Bitcoin. Corporate accumulation can tighten market liquidity and drive bullish momentum. Traders should monitor supply dynamics and potential price impact.

Crypto markets have retraced 7.3% since the August 14 all-time high, with Bitcoin down 7.5% and Ethereum off 10%. Despite growing bearish chatter about a cycle top, leading economist Alex Krüger argues the four-year crypto market cycle is still intact and that corrections from new highs are normal. He points out that recent cycle dynamics have been driven more by Federal Reserve policy shifts than by Bitcoin alone, and expects a dovish pivot to reignite bullish momentum. Historical data shows prior bull runs—2011, 2013, 2017, 2021—saw “bear trap” pullbacks in month six before fresh highs around month nine. Analyst CryptoCon’s Halving Cycles Theory also places the next cycle top near the Nov. 28 halving, over three months away. Traders should watch Fed Chair Jerome Powell’s Jackson Hole remarks for clues on rate cuts. Overall, experts view this dip as a bear trap within an ongoing crypto market cycle, reinforcing a bullish outlook for Bitcoin and Ethereum.

Michael Saylor reaffirmed his long-term Bitcoin commitment with a ‘Bitcoin Forever’ tweet as his company, Strategy, acquired 430 BTC for about $51.4 million. This purchase boosts Strategy’s total Bitcoin holdings to 629,376 BTC, valued at over $72 billion. Strategy has delivered a year-to-date Bitcoin yield of 25.1% for shareholders, reinforcing its position as the largest corporate Bitcoin treasury. The acquisition underscores strong institutional demand and a sustained bullish outlook for Bitcoin, potentially adding upward price momentum in the short term while cementing confidence in Bitcoin’s long-term scarcity narrative.

Analysts identify the top altcoins to buy for 2025 as markets consolidate. Leading Ethereum (ETH) and Solana (SOL) provide stability and network performance, while high-upside MAGACOIN FINANCE emerges as the standout, forecasting up to 8000% returns after surpassing presale funding milestones. Other recommended altcoins to buy include Cardano (ADA) with robust whale interest, Avalanche (AVAX) backed by institutional deals, and Polygon (MATIC) supporting Ethereum scaling. Payment-focused XRP (XRP) offers conservative growth, while Chainlink (LINK) and Polkadot (DOT) serve as key DeFi infrastructure. Speculative Dogecoin (DOGE) benefits from community support. Traders seeking speculative gains can consider MAGACOIN FINANCE’s presale momentum, while balanced portfolios may favour ETH and SOL. Understanding each token’s use case and market position helps shape diversified strategies for 2025 altcoins with strong growth potential.

As of August 19, Bitcoin ETFs hold about 6.38% of the total BTC supply. The Bitcoin ETF continues to dominate institutional inflows. Ethereum ETFs account for 5.08% of all ETH in circulation. This data comes from Dragonfly’s analyst hildobby and underscores rising demand for cryptocurrency ETFs. If current trends continue, the Ethereum ETF share of total ETH will exceed the Bitcoin ETF share by September. A milestone like this could boost Ethereum’s market positioning and validate its role for institutional investors. Tracking ETF supply holdings remains a key barometer for market sentiment in crypto.

Figure, a leading real-world asset tokenization company, is set to go public on the Nasdaq under the ticker “FIGR” through a SPAC merger with FinTech Acquisition Corp V. The deal values Figure at approximately $1.6 billion and is backed by a $450 million PIPE financing. Proceeds will fund the expansion of Figure’s Provenance blockchain platform, which facilitates tokenized home equity lines of credit, lending and other real-world assets. Founded in 2018 by Mike Cagney, Figure aims to streamline traditional finance processes using blockchain technology. The Nasdaq listing marks a milestone for the asset tokenization sector, offering investors direct exposure to real-world assets via digital securities.

Ethereum faces a rising liquidation risk of up to $2 billion if its price falls below the $4,200 support level. Heightened volatility and historically low exchange balances increase the chance of forced liquidations on both centralized and decentralized platforms. Large-scale unwinding on DeFi protocols like Lido and Aave could trigger cascade sell-offs. Institutional outflows from Ethereum ETFs also highlight growing risk-off sentiment. Traders should monitor key support levels around $4.2 K and adopt risk-management strategies—reducing leverage, diversifying holdings and setting stop-loss orders—to navigate potential liquidity pressure. Historical parallels with the May 2022 DeFi meltdown underscore the speed of price swings during mass unwind events.

Crypto influencer Crypto Tony has outlined his bold bull market forecast on X: Bitcoin at $250,000, Ethereum at $10,000, Binance Coin at $1,800, Solana at $1,000, and Dogecoin at $2. However, he predicts Cardano (ADA) will plunge to zero and notably omits any price target for XRP. His BTC target represents roughly a 2× increase from its all-time high and would push Bitcoin’s market cap close to $5 trillion. Similarly, his ETH and BNB forecasts imply 2× and 1.1× gains from previous peaks. Solana and Dogecoin have even larger upside potentials at 240% and 770%, respectively. The prediction of ADA at $0 and the absence of XRP sparked controversy among the Cardano and XRP communities. This mixed bull market forecast highlights growing debate around altcoin valuations and future price action.

Crypto analysts identify a bullish pennant pattern on PENGU’s chart that points to a potential 307% rally toward $0.127. The token recently dipped from local highs near $0.039 to test support around $0.025–$0.032, a retracement deemed a healthy correction. Key catalysts include an upcoming ETF filing, strong Asian market growth and revenue from toy sales, alongside ongoing NFT momentum within the Pudgy Penguins ecosystem. Technical indicators show decreasing volume during consolidation and an RSI near 35, close to oversold levels that often precede rebounds. Traders are monitoring the pennant’s lower boundary and the 50-period EMA at $0.03375. A decisive breakout above resistance with rising volume would confirm the setup and signal a steep continuation move for PENGU.