Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

A recent claim that “XRP has 32 halvings” was debunked: XRP does not undergo an XRP halving. Instead, XRP historically benefits from Bitcoin halving cycles. Bitcoin halving occurs every 210,000 blocks (roughly every four years) and has completed four events (2012, 2016, 2020, 2024) with 29 remaining until around 2140. XRP was issued with a fixed supply of 100 billion tokens and uses a token burn mechanism rather than an XRP halving schedule. Nevertheless, XRP price rallies have closely tracked Bitcoin halving-driven market expansions: from $0.005 to $0.01 after the 2012 halving, $0.006 to $0.26 post-2016, $0.19 to $1.96 following 2020, and $0.52 to over $3.00 after April 2024. With future Bitcoin halving events on the horizon, XRP traders should monitor upcoming halving-driven liquidity shifts and sentiment boosts as potential catalysts for major XRP price rallies.

Circle Gateway, Circle’s cross-chain liquidity infrastructure, now supports seven major blockchains. The service offers a unified balance for DeFi users across Ethereum, Arbitrum, Avalanche, Base, Optimism, Polygon and Unichain. By pooling liquidity into a single interface, Circle Gateway simplifies asset transfers and reduces transaction fees. Users no longer need separate balances on each mainnet. Developers can build truly multichain dApps that tap into unified liquidity without managing individual chain-specific balances. Traders benefit from faster transfers, lower bridging costs and greater capital efficiency. Institutions can deploy assets across ecosystems with minimal friction, improving interoperability. This expansion marks a significant step for cross-chain liquidity management and may accelerate blockchain adoption as more mainnets and layer-two solutions join the network.

Tether dominance, the market share of USDT, has historically correlated with Bitcoin price peaks. Analyst Colin Talks Crypto’s model shows that each time Tether dominance nears its historical upper curve, significant Bitcoin highs follow—seen in the 2021 double peak and the failed $70,000 run in 2024. Based on this pattern, Bitcoin could reach $140,000–$150,000 by October 2024. Peter Brandt highlights that the model is a market timing tool rather than an exact price predictor and believes Bitcoin still has upside this cycle. Traders should track Tether dominance to optimize entry and exit points as dominance approaches key thresholds.

At the XRP APEX 2025 event in Singapore, Ripple CEO Brad Garlinghouse projected that XRP will capture 14% of SWIFT’s liquidity-based transactions within the next five years. He highlighted the distinction between SWIFT’s messaging network and the actual liquidity controlled by banks. Garlinghouse estimated that a 14% share of SWIFT’s global cross-border settlement volume would amount to approximately $21 trillion annually. This projection underscores XRP’s potential role as a high-speed liquidity solution in international payments. The CEO explained that the impact on XRP’s market value depends on token velocity. If XRP liquidity circulates daily, only about $57.5 billion in XRP would be needed to support $21 trillion in transactions—implying a price under $1. With slower turnover (once every three to seven days), required liquidity could rise to $210–$420 billion, pushing XRP’s price to $3.50–$7. Biweekly velocity might lift XRP toward $14 per token. While a theoretical price above $1,000 per XRP would demand a drastic supply reduction or far greater liquidity flows, Garlinghouse’s forecast highlights growing demand for digital asset liquidity. His 14% target for XRP adoption in SWIFT transactions suggests a bullish outlook for cross-border payments and market valuation trends.

Toobit, the award-winning cryptocurrency derivatives exchange, has released a new brand video titled “The Ascent.” The video stars world-renowned climber Chris Sharma, Toobit’s official brand ambassador. Filmed in stark black-and-white on Mallorca’s cliffs, it draws a direct parallel between elite rock climbing and strategic crypto trading. Each phase—“Reach, Calculate, Recalculate, Rise”—symbolizes the precision and calculated risk inherent in both disciplines. Mike Williams, Toobit’s CCO, notes that Sharma’s climb mirrors traders’ ascent to market peaks. “The Ascent” continues Toobit’s collaboration since May 2025 and ties in with its flagship Toobit International Futures Tournament. The campaign reinforces Toobit’s commitment to empowering traders with advanced tools, deep liquidity, and innovative strategies.

CoinGecko leadership restructure appoints co-founder Bobby Ong as CEO, TM Lee as President, Cedric Chan as CTO, and Xingyi Ho as Head of Product. The reshuffle aims to broaden enterprise offerings and expand API services and crypto analytics. Last year, CoinGecko’s data API handled over 677 billion requests with a 99.95% uptime SLA. The platform serves 10 million monthly users and powers daily API calls for sites like crypto.news, Statista, and Paal AI. Under the new executive team, CoinGecko intends to accelerate AI-driven analytics, scale infrastructure, and launch enhanced features. Traders can expect faster rollouts of real-time crypto data tools, improved market insights, and deeper developer integrations. This CoinGecko leadership restructure reinforces its transition into a global web3 and traditional finance data infrastructure provider.

XRP price dipped to a key support at $3 this week, down 17% from its YTD high and carrying a market cap of $179 billion. Bullish, the Peter Thiel–backed exchange that went public with a $1.5 billion IPO, received proceeds primarily in USDC and in part via Ripple USD (RLUSD), PayPal’s PYUSD and USD1. Since its December launch, RLUSD supply has surged to $666 million, with monthly volume jumping to $2.6 billion, driven in part by the new U.S. GENIUS Act regulation and Ripple’s recent acquisition of stablecoin platform Rail. Greater RLUSD usage on the XRP Ledger should boost fee generation and XRP burning, reducing circulating supply. On the charts, XRP has formed a bullish cup-and-handle and an inverse head-and-shoulders pattern within the handle, trading above its 50- and 100-day EMAs. A sustained breakout could target $5.20, while a drop below $2.70 would invalidate the bullish setup.

US stocks opened mixed with the Dow Jones Industrial Average up 76 points (0.17%), the S&P 500 trading near flat and the Nasdaq Composite largely unchanged. Investors digested mixed Home Depot earnings—profit missed estimates but shares jumped on stronger full‐year guidance—while awaiting Target and Walmart reports. On the policy front, S&P Global Ratings affirmed the US AA+ credit rating, keeping long‐term Treasury yields around 4.32% (10-year) and 4.91% (30-year). Market participants also focused on Federal Reserve Chair Jerome Powell’s upcoming Jackson Hole remarks amid an 83% CME FedWatch odds of a September rate cut. In the crypto market, Bitcoin bounced off lows near $114,000, reflecting cautious trading in broader equity markets. This combination of corporate earnings, credit stability and Fed rate speculations sets a neutral tone across equity and crypto markets.

Polygon’s native token POL surged intraday by 6%, reaching a high of $0.27 before settling above $0.25. The price is now up 3% in 24 hours and nearly 12% on the week, driven by renewed DeFi activity on Polygon. The network’s total value locked (TVL) jumped 43% year-to-date, climbing from $788 million in April to $1.23 billion in August. Stablecoin use on Polygon also hit new highs: stablecoin payments topped a record $2.56 billion in July, USDC active addresses rose to 3.16 million, and USDT supply reached $1.29 billion. Integration of Agora’s AUSD stablecoin by Miomi Game further bolstered ecosystem growth. Looking at the charts, buyers will watch supply walls at $0.26 and $0.30, while bears may test support near $0.20. Overall, POL’s price uptick and TVL surge signal bullish momentum fueled by deeper DeFi adoption and strategic integrations.

The CoinDesk 20 index fell 1.2% to 4,076.62 on Tuesday, as nearly all components declined. Chainlink led the downturn, with LINK sliding 4.3%, marking Chainlink’s steepest drop among the CoinDesk 20 constituents. Aptos (APT) also underperformed, shedding 3.2%. Only Cardano (ADA) and Bitcoin Cash (BCH) broke the negative trend, rising 1.0% and dipping just 0.3% respectively. This CoinDesk 20 performance update underscores ongoing volatility and cautious sentiment in the crypto market.

SharpLink Gaming, the Nasdaq-listed ether treasury firm led by Ethereum co-founder Joe Lubin, has ramped up its ETH acquisition strategy. Initially unveiling a $400 million registered direct offering alongside a $200 million at-the-market facility to boost its ETH treasury to roughly 598,800 tokens (over $3 billion), SharpLink proceeded with a recent purchase of 143,593 ETH. In total, the firm secured net proceeds of $537 million—$390 million from the direct sale and $146.5 million from ATM issuances—at an average price of $4,648 per ETH (about 8% above market), bringing its holdings to 740,760 ETH (approx. $3.18 billion). Despite this aggressive ETH acquisition, SharpLink still trails BitMine Immersion Technologies, which now holds over 1.5 million ETH. With $84 million in cash reserves, SharpLink is positioned to sustain its ETH acquisition momentum, underscoring rising institutional demand for ether and potential support for ETH prices.

XRP surged 5% to $3.10 on August 19 before stalling at the $3.00 mark and briefly freezing trading. A minute-long halt with zero volume at 08:19 UTC raised questions about a possible technical glitch or liquidity vacuum. Earlier, volume spiked to 3.26 million tokens in one minute, signaling institutional or algorithmic activity. The token established a $0.15 consolidation range between $2.95 and $3.10, defining short-term support and resistance levels. Traders are now watching whether a break below $3.00 opens a drop to $2.95 or a push above $3.10 clears the path to $3.25. The freeze has injected caution into XRP trading.

US-based Green Minting Technologies (Mint) has secured a $150 million investment from GEM Digital to build a 600 MW off-grid renewable energy facility dedicated to green Bitcoin mining and an AI data center. The project will leverage solar and wind power to provide low-cost, carbon-neutral BTC mining capacity while allocating a portion of the infrastructure to high-performance AI computing. Mint plans an initial exchange offering (IEO) of its $MINT token, targeting $400 million in funding. CEO Alex Wey says the token model will enable individual users to participate in large-scale green Bitcoin mining and access computing services at reduced costs, promoting decentralization of the BTC mining ecosystem. Key figures include the 600 MW capacity, $150 million initial investment, and $400 million IEO goal. The initiative underlines a growing trend towards sustainable, off-grid mining using renewable energy, and a strategic expansion into AI data center services. The expansion of green Bitcoin mining capacity could drive up network hashrate and difficulty, while the $MINT token IEO may introduce new liquidity and retail exposure. By combining renewable energy with off-grid infrastructure, the project aims to lower operating costs and minimize environmental impact, marking a bullish development for sustainable crypto mining.

Gate US, the crypto exchange, has secured regulatory approval in Tennessee and Delaware. The exchange now holds 28 state licenses across 38 US states, from Illinois and Ohio to Michigan, North Carolina, Georgia and Arizona. This expansion marks a key milestone in Gate US’s compliance strategy amid evolving US crypto regulation. By obtaining these two new state licenses, Gate US strengthens its nationwide licensing portfolio and enhances its legal framework. Traders can expect more robust operations and reduced regulatory risk. The move underscores a broader trend of crypto exchanges seeking state-level compliance ahead of potential federal guidelines. Gate US’s growing network of licenses positions it for continued expansion in the competitive US market.

Rollblock’s presale has garnered significant whale attention from Solana investors seeking high-yield crypto. The GambleFi and DeFi platform offers over 12,000 blockchain-powered games, with sports betting and live dealer modes live on Ethereum’s transparent chain. Rollblock (RBLK) channels 30% of revenue into token buybacks, burning 60% to create scarcity and offering up to 30% APY staking rewards on the remainder. At $0.068 per token, 82% of the $11.4M presale is sold. Meanwhile, Solana (SOL) trading at $181.04 has seen $230M bridged into its ecosystem in seven days, driven by low fees, fast transactions, and growing DeFi TVL ($8.6B, up 30%). Institutional inflows via Solana staking ETFs top $13M/day, and real-world asset tokenization on-chain jumped 124.8%. Traders view SOL as a top altcoin as liquidity and adoption rise. The rollblock presale’s tokenomics and revenue-sharing design position it as a high-upside crypto moonshot, while Solana’s expanding ecosystem underlines its long-term strength. Together, these developments signal bullish momentum for both Rollblock and SOL in the 2025 bull run.

In recent market action, Cardano (ADA), Shiba Inu (SHIB) and PEPE have shown weakening price performance. ADA slipped 5% amid low volume and range-bound trading, while SHIB fell over 20% in three months and remains 80% below its December peak. PEPE price slides toward its $0.00001 support, reflecting investor fatigue. Amid this downturn, meme coin Layer Brett (LBRETT) has gone viral. Built as an Ethereum Layer-2 solution, LBRETT boasts 7,000% APY staking rewards and faster, cheaper transactions. With a 10 billion token supply and multi-wallet support via MetaMask and Trust Wallet, LBRETT offers market fundamentals that outpace traditional altcoins. This meme coin’s 7,000% staking rewards far exceed yields offered by ADA or SHIB, giving it a unique appeal among altcoins. Traders can stake LBRETT instantly through its dApp using ETH, USDT or BNB, aiming for potential 140x returns and both short-term gains and long-term upside. While major coins struggle, Layer Brett’s high staking rewards and Layer-2 scaling narrative have turned it into a top buy for speculative traders. Market observers should monitor staking participation rates and token price action for signs of sustainability.

Analysts spotlight four meme coins poised to outpace Dogecoin and deliver outsized returns on a $200 investment. Little Pepe (LILPEPE) stands out with sniper-bot protection, an $0.002 token price in its 11th presale stage, and a $22.32m fundraising target. Technical signals for Pudgy Penguins (PENGU) show bullish divergence and rising whale interest at $0.03797, while Bonk (BONK) consolidates near $0.00003574 ahead of a potential breakout above $0.00004. Pepe Coin (PEPE) sees a 67% surge in small transactions and whales buying $4.28m in eight hours at $0.00001041. If presale momentum and on-chain activity translate into market gains, these meme coins could turn $200 into as much as $5,000. Traders should monitor tokenomics, community growth, and resistance levels closely.

Binance has partnered with Mitosis to launch the Liquidity Booster Program on BNB Chain, aiming to tackle liquidity fragmentation and boost DeFi yields. The initiative allocates 15 million MITO tokens across multiple phases. The first participant, Lista DAO—currently managing over $2.8 billion in liquidity—will receive dedicated support. Users can deposit BNB into Mitosis EOL Vault to mint miBNB, which automatically compounds Binance Earn rewards while remaining usable across DeFi protocols. USDT deposits are routed into Lista DAO’s lending pools via the Liquidity Booster Vault to issue maUSDT, a yield-bearing token that compounds lending returns. By combining Binance Earn base yields, Lista DAO’s secured liquidity, and Mitosis’ programmable liquidity architecture, the Liquidity Booster Program transforms idle capital into productive assets. Mitosis, backed by $7 million in seed funding, is preparing its mainnet launch and exploring real-world asset tokenization with Asian partners. The program embeds Binance’s Web3 Wallet and Earn products into on-chain finance, reinforcing BNB Chain’s position as a hub for sustainable DeFi growth.

Onyxcoin (XCN) climbed 9.44% to $0.01326 on August 19 after rolling out its gas-free Smart Wallet on Google Play and Apple App Store. Trading volume surged 204% to $76.9 million, boosting market capitalization to $470 million. Despite a 1,000% annual gain, XCN remains 92.8% below its all-time high of $0.1841. The new Smart Wallet, built on the Onyx blockchain and powered by Chain, supports multichain, fee-less XCN transfers on Ethereum, BNB Chain, and Base. This upgrade aims to simplify user access and drive broader adoption. Technical analyst Javon Marks set a bullish price target of $0.1816, implying a 1,260% upside from current levels. He cited a trendline breakout, base-building, and increasing volume as key signals. Traders should watch wallet adoption and overall crypto market trends to gauge whether the 1200% rally forecast materializes. Short-term volatility may persist, but a sustained uptrend could attract fresh capital and boost XCN liquidity.

Bitcoin SV continues to lead in protocol stability and on-chain scaling by adhering to Satoshi Nakamoto’s original UTXO model and unbounded block size. Its restored, locked base protocol offers developers a stable foundation. Simplified Payment Verification (SPV), as envisioned in 2008, underpins lightweight wallets and real scaling—features absent in BTC and Ethereum. Contrastingly, Bitcoin’s Lightning Network and Ethereum’s rollups rely on complex side-chains and new trust assumptions. BSV’s Teranode node software aims for throughput in the millions of transactions per second, far exceeding Solana’s tens of thousands. This leap transforms a single public ledger into a universal database for payments, identity, and big data. Proponents argue the only scalable blockchain is Satoshi’s design. They call on builders to adopt overlays like BitcoinSchema.org and SigmaIdentity.com to standardize applications. The article concludes that BSV’s simplicity and unbounded scalability make it the inevitable path forward for blockchain adoption.

SharpLink Gaming has increased its ETH treasury from 728,804 to 740,760 ETH, investing over $3.4 billion in Ethereum. Last week’s purchase of 143,593 ETH at an average price of $4,648 cements its position as the second-largest corporate ETH treasury, trailing only BitMine Immersion’s 1.5 million ETH. The company raised $146.5 million via an at-the-market facility and $390 million through a direct offering, retaining $84 million in cash for future ETH treasury builds. Since June, its ETH concentration metric climbed 94% to 3.87 ETH per 1,000 diluted shares, while staking rewards have reached 1,388 ETH. This move underlines growing corporate crypto holdings and staking demand, potentially adding bullish momentum to Ethereum’s market dynamics.

Cheshire Capital projects that over the next 6–12 months, up to ten BTC treasury companies—holding BTC at mNAV multiples between 1× and 5×—could sequentially sell coins to repurchase shares under price declines and shareholder pressure. Initial low-quality firms breach 1× mNAV and offload at $120k, driving BTC down to $115k. Falling mNAV forces mid-tier companies to sell at $100k, then high-quality players like MSTR and 3350 capitulate around 1.2×, pushing BTC to $90k and then $80k. Final large-holder liquidations could send prices toward $70k. This sell-off domino effect undermines short-term defensive strategies, rewarding only steadfast holders such as MicroStrategy’s Michael Saylor. Mid-tier firms risk selling at average lows of $75k. ETH treasury companies, with concentrated holdings by BMNR and SBET, may better coordinate to avoid cascading sell-offs. Traders should monitor mNAV levels, sell volumes, and buyback announcements for bearish signals and potential entry points at lower support levels.

Outlier Ventures has partnered with Injective to launch the Injective Ecosystem Builder Catalyst, a nine-week virtual DeFi accelerator starting October 2025. The program offers hands-on mentorship, technical integration support, EVM compatibility onboarding, and access to Injective’s liquidity incentives and reward pools. Founders will benefit from workshops, AMAs, personalized coaching, and connections to Outlier Ventures’ investor network. Target projects include protocol middleware, developer tooling, advanced derivatives, cross-chain solutions, and autonomous trading agents. Applications close in September 2025.

Crypto markets have been trading in a narrow range as traders await Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium, scheduled for August 21–23, 2025. Analysts highlight that current positioning on CME futures and options shows limited upside in the absence of a clear macro catalyst. Despite strong weekly inflows—particularly into Ethereum exchange-traded products—Bitcoin’s fund flows remain modest, and high open interest on Solana and XRP positions signals cautious sentiment. MicroStrategy’s slowed BTC accumulation and arbitrage of its shares against Bitcoin dampen momentum. Traders are monitoring risk indicators, including the US dollar index, Treasury yields, and reverse repo balances, as these could compound the impact of any shifts in rate expectations. Ultimately, Powell’s remarks at Jackson Hole are poised to set the tone for market risk sentiment and trading strategies in Q4.

Mantle (MNT) has rallied 35% over the past week, trading at $1.36 with daily volume of $508.7 million. The surge follows the launch of a Bybit EU Launchpool for MNT on August 14 and collateral ratio adjustments that made the token more attractive for lending products. Confidence grew further when Coinbase International announced perpetual futures markets for Mantle, Reserve Rights (RSR) and SuperVerse to go live on or after August 21. On the technical front, Mantle has formed a bullish Golden Cross—its 50-day moving average crossing above the 200-day line—signaling a sustained uptrend. Immediate resistance lies at $1.36–$1.41 (1.0 Fibonacci extension), with a breakout targeting $1.65. Key supports sit at $1.23 and $1.08, with deeper floors near $0.98–$0.97. Traders eye these levels for entry and risk management as Mantle consolidates its recent gains.

LYS Labs has secured $4 million in oversubscribed funding—$2 million in an angel round and $2 million in a seed round—to build a machine-ready intelligence layer for Solana’s on-chain finance. Backed by top crypto investors including Michael Heinrich (0G Labs), Piers Kicks (Delphi), Bruce Pon (Ocean Protocol), and institutional firms such as Alchemy Ventures, LYS Labs transforms unstructured blockchain data into structured, context-aware streams for AI agents. Since November 2023, the team has shipped a developer portal delivering raw data with sub-14 ms latency and is testing a contextual insights stack at 30 ms. They’ve also launched Solexys, an AI-driven copilot for quants, with over 200 testnet users. LYS Labs aims to cut data processing time by 50% and boost trading efficiency by 20%, as on-chain data volume doubles yearly. The roadmap includes multi-chain expansion and native agent execution infrastructure to advance AI-driven trading on Solana and beyond.

Bitcoin holders in the 3–5 year cohort are selling during downturns, mirroring short-term traders rather than veteran investors. This mid-term Bitcoin holders’ capitulation often coincides with market bottoms and signals subsequent rebounds. CryptoQuant’s Exchange Whale Ratio has climbed to 0.47–0.50, levels historically preceding price stabilization and recovery. Bitcoin’s Fundamental Index indicates the asset sits between the accumulation and expansion phases, reinforcing bullish momentum. Glassnode reports strong on-chain fundamentals with no red flags. Traders may view capitulation by these Bitcoin holders and rising whale activity as early indicators of a new bullish cycle.

Digital assets XRP, Stellar (XLM) and Algorand (ALGO) are shifting from retail speculation toward serving as government-aligned liquidity rails. These tokens offer high-throughput, low-cost cross-border settlement and integrate with existing financial infrastructure. XRP, via Ripple, powers fast international payments and is involved in multiple CBDC pilots. Stellar’s XLM focuses on remittances and underbanked regions, partnering with MoneyGram and enabling government-backed stablecoin issuance. Algorand, with its pure proof-of-stake design, delivers scalability and compliance, highlighted by the Marshall Islands’ digital currency project. This move by government-aligned digital assets signals growing institutional adoption and regulatory alignment. Crypto observer SMQKE notes these tokens are optimized for liquidity provision and interoperability. On-chain data shows increased activity in CBDC and cross-border trials on XRP, XLM, and ALGO networks. Technically, XRP trades near $3.02, up 1.4% in 24 hours, but faces resistance at $3.05–$3.06. Short-term bearish pressure persists until support is reclaimed. In the long term, adoption as CBDC rails could drive demand and price appreciation for these institutional digital assets.

Concordium has launched a mobile app for anonymous age verification using zero-knowledge proofs. The iOS and Android application issues an encrypted Concordium ID for about $0.01. Users can prove attributes like age, name, date of birth, nationality and document type without exposing personal data. By offering anonymous age verification, the app avoids data exposure common in traditional ID systems. This privacy-safe solution addresses concerns sparked by the UK’s new mandatory online age checks for adult content. Concordium is engaging with Ofcom to ensure compliance with these tech-neutral regulations. The launch taps rising demand for privacy-focused identity services. Similar zero-knowledge proofs power Zcash (ZEC) transfers and Google Wallet’s recent age verification integration.