Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On August 20, the US stock close saw a mixed session with the Dow Jones Industrial Average edging higher, the S&P 500 slipping 0.58%, and the Nasdaq Composite retreating 1.46%. The US stock close was marked by a standout rally in Intel, which soared 6.97%, offset by a 3% drop in Nvidia and a 2% decline in Meta Platforms. The Nasdaq Gold Dragon China Index also ended the session down 0.9%. Traders assessed the market for signs of tech sector rotation, as Intel’s surge highlights shifting investor sentiment amid a broader Nasdaq decline.

An Eagle Equities executive has proposed a crypto trading ban to shift investor focus onto the Philippine stock market. Joey Roxas, president of Eagle Equities, argued that crypto “does not do anything for the Philippine economy” and that banning crypto trading could accelerate growth in local equities. Any steps toward a crypto trading ban will likely trigger pushback from web3 communities. The SEC, however, recently clarified that its new rules for Crypto Asset Service Providers support legal trading rather than a ban. Web3 leaders swiftly rejected the proposal. GCash executive Luis Buenaventura compared banning crypto to shutting down Spotify to boost radio, while WAV3 founder Raine Laluna warned against decisions based on fear. Block Tides CEO Myrtle Anne urged regulators to “upgrade the rails” instead of blaming crypto for market stagnation. Social media reactions were largely negative. Many comments highlighted crypto’s liquidity and accessibility over stocks, called for structural reforms, and noted that a ban would drive traders offshore. Critics also pointed out that modern markets should embrace digital assets, citing global examples of crypto adoption. The debate underlines ongoing friction between traditional finance and web3 advocates. Traders should monitor regulatory developments, as any move toward stricter crypto regulations could affect market sentiment and liquidity.

Ethereum short interest has surged to a historic high of 18,438 leveraged contracts, marking the largest bearish bet in ETH’s history. This build-up increases liquidation risk if the price rallies and triggers a short squeeze. After slipping below the $4,300 support zone, ETH faces potential downside toward $4,000 or even $3,900 on a break below $4,200. However, institutional accumulation, declining exchange supply and growing ETF inflows provide strong bullish fundamentals. Traders are watching whether ETH can defend the $4,200–$4,250 demand level, which aligns with the 100-day moving average, before attempting a rebound toward the $4,500–$4,600 resistance range. With volatility elevated and open interest high, Ethereum short interest dynamics could dictate the token’s next major move.

Ethereum price is closing in on its 2021 high of $4,878 and eyeing the $5,000 milestone. The launch of eight spot ETH ETFs in July 2024 triggered over $1 billion in first-day trading volume and $108 million in net inflows, forcing issuers to buy real ETH on exchanges. The March 2024 Dencun hard fork introduced EIP-4844 proto-danksharding, cutting Layer-2 fees and boosting transaction speed. Broader crypto momentum—driven by Bitcoin’s rally and easing macro conditions—has supported Ethereum price alongside other top assets. Meanwhile, filings by VanEck and 21Shares for US spot SOL ETFs hint at a potential Solana ETF wave, though approval and liquidity will determine its impact. Traders should monitor ETF flow reversals, network risks and regulatory shifts that could spark volatility.

Tether hires a former White House crypto policy director to lead its US stablecoin strategy. This move enhances regulatory engagement and positions Tether ahead in the competitive stablecoin market. The new hire, previously responsible for developing national digital asset frameworks, will oversee compliance, policy and government relations for USDT. Tether currently dominates the stablecoin market with over $100 billion in circulation. Demand for regulated US-based stablecoins soars amid tighter SEC and Congressional scrutiny. The appointment underlines Tether’s commitment to regulatory adherence and expansion as rivals like USDC, BUSD and DAI vie for market share. Tether expects stablecoin growth to align with evolving legislation, including the STABLE Act. Analysts view the hire as a bullish signal for USDT adoption, potentially reinforcing market confidence and liquidity. Stablecoin traders should note increased institutional support and possible policy-driven volatility.

Market analysts warn that Bitcoin’s price stability may increasingly hinge on large-scale corporate treasury purchases, particularly by MicroStrategy. Independent expert Nick G. criticizes CEO Michael Saylor for issuing new shares below promised valuations, undermining trust and impairing the firm’s financing capacity. This share dilution raises concerns over MicroStrategy’s ability to fund further Bitcoin acquisitions, linking its financial health closely to Bitcoin’s performance. Experts argue that while corporate buying can stabilize prices by absorbing sell pressure, it also introduces systemic risks: asset sell-offs or financing failures by key institutions could trigger sharp market downturns. MicroStrategy’s stock fluctuations now mirror Bitcoin’s volatility, reducing the influence of smaller investors. Observers warn that financing missteps could erode market confidence and precipitate a new bear cycle in the cryptocurrency sector. Traders should monitor institutional treasury flows and MicroStrategy’s capital strategies as indicators of broader market resilience. The evolving role of corporate holdings in Bitcoin markets underscores heightened uncertainties for both traders and regulators.

Cryptocurrencies and crypto-linked stocks dropped sharply as traders await the Fed’s July meeting minutes on Aug. 20 and Chair Powell’s Jackson Hole speech on Aug. 22. Bitcoin fell 3.2% to below $114,000, ether slid 5.3% under $4,200, XRP tumbled 6.2%, and ADA sank 8%. Mining and exchange stocks like MARA, COIN and MSTR lost up to 7.4%, while the S&P 500 and Nasdaq fell less than 1.5%. Eight factors argue against a September rate cut: tariff-driven cost pass-through, sticky inflation data, corporate limits on absorbing tariffs, mixed economic signals, policy uncertainty, historical tariff shocks, upcoming forward indicators and internal Fed divisions. Higher-for-longer rate expectations curb liquidity and raise financing costs, deepening the crypto sell-off. Traders will look to Fed minutes and Powell’s Jackson Hole remarks for signals on rate-cut timing.

Ethereum price fell below $4,200 on August 19, sliding to $4,195.08 on OKX after a 3.47% decline. Selling pressure continued the next day, with Ethereum price dipping under $4,100 to $4,091.72 on August 20, a 2.39% intraday drop. Traders are closely watching the $4,100 and $4,000 support levels for signs of a rebound. Market volume and sentiment will be crucial to assess whether bears will drive further declines or if bulls can defend these key thresholds.

Tron Network has announced a strategic integration that enables TRX to be natively supported in MetaMask, the leading self-custodial crypto wallet. This MetaMask integration aims to improve global accessibility and on-chain adoption of TRX across diverse regions. Following the announcement, TRX trading volume jumped 10% to $1.25 billion despite broader market declines. The price of TRX held strong at the $0.35 support level, limiting intraday losses to under 1%. Technical analysis shows that TRX trading above its 20-day moving average ($0.34) and an RSI of 60.7 indicate cautious bullish momentum. If the current support holds, TRX could test resistance at $0.37 and potentially reach $0.40 in the coming weeks. Conversely, a break below $0.34 would bring attention to downside levels near $0.32 and $0.31. Traders should monitor volume and on-chain metrics for confirmation of this trend.

BitMEX offers three core crypto basis trading strategies. They enable traders to earn interest income without taking Bitcoin price risk. The first strategy, cash and carry, involves buying spot BTC and shorting the XBTU23 futures contract. This locks in a positive basis spread for a guaranteed return at expiry. The second strategy uses the perpetual swap XBTUSD. By holding spot BTC and shorting the swap, traders capture the funding rate when it is positive. The third strategy executes curve trades between futures and swaps. Curve flattening sells futures and buys swaps if the basis curve is expected to narrow. Curve steepening buys futures and sells swaps when the curve is set to widen. All crypto basis trading strategies eliminate Bitcoin directional risk by hedging spot and derivative positions. Traders must manage margin and leverage to avoid liquidation. Professional traders use these basis trading strategies for steady, volatility-adjusted yields on BitMEX.

Qubic community led by Sergey Ivancheglo seized over 77.54% of Monero’s hashrate and executed a 51% attack, prompting concerns about proof-of-work network security after Kraken paused XMR deposits. Following a Discord vote, Qubic is now targeting Dogecoin, which uses the Scrypt algorithm and is merge-mined with Litecoin, forming a combined network hashrate of about 3.47 PH/s (DOGE) and 2.78 PH/s (LTC)—over a million times larger than Monero’s. Mounting a 51% attack on Dogecoin would require months of development; even capturing 0.1% of the Dogecoin-Litecoin network would yield more computational power than the entire Monero network, rising to 1% for an 11,000-fold advantage. Traders should watch for potential volatility as any real threat to Dogecoin’s network integrity could undermine investor confidence and trigger market contagion.

The U.S. Treasury has opened a public comment window through October 17 to evaluate novel stablecoin monitoring tools as required by the GENIUS Act. The consultation will assess the effectiveness, cost, privacy and cybersecurity risks of systems designed to track illicit stablecoin activity. Feedback will inform proposed rules expected in early 2026, with final regulations by mid-2026 and enforcement from 2027. Under the GENIUS Act, issuers must comply with lawful orders to seize, freeze, burn or block stablecoin transfers. Stablecoin issuers are also poised to become major buyers of U.S. Treasury bills, with Tether ranking as the 18th largest T-bill holder in Q2. Meanwhile, the banking lobby’s Bank Policy Institute has urged Congress to close interest-payment “loopholes” on payment stablecoins, warning of a potential $6.6 trillion shift from bank deposits to digital dollars that could strain bank lending. This public consultation aims to balance innovation, market stability and regulatory oversight of digital assets.

This guide explains how to trade XBT/USD futures with leverage on BitMEX. Using reverse futures contracts, traders can amplify exposure: with 1 XBT margin and 25x leverage, you control 25 XBT notional at the $30,000 XBT/USD futures price, equating to 750,000 contracts. A 10% price move on the XBT/USD futures contract—from $30,000 to $33,000—yields a 2.5 XBT profit for long positions; short positions gain similarly if prices fall. Each XBT/USD futures contract represents $1 of Bitcoin at any price, so a 1% move in the XBT/USD rate changes the notional value by 1%. Beyond quarterly XBT/USD futures, BitMEX offers perpetual contracts and a full suite of crypto derivatives. Traders can explore all products in BitMEX’s listings and stay informed via official Discord, Telegram, and Twitter channels for updates and advanced leverage strategies.

This article reviews five major Fed rate cut cycles since 1990 and their distinct market outcomes. Preventive cuts (1995–98, 2019–21) generally fueled rallies, while crisis-driven cuts (2001–03, 2007–09) coincided with downturns. In 1990–92, cuts eased recession pressures and Nasdaq rose 47.4%. The 1995–98 preventive cycle amid Asia’s crisis saw Nasdaq jump 134.6%. By contrast, post-dot-com and post-Lehman cuts failed to lift equities. The 2019–21 preventive cut, amplified by pandemic liquidity, drove a 166.7% Nasdaq surge and powered crypto’s 2021 bull run. Crypto markets mirror liquidity cycles: 2017’s ICO boom and 2021’s DeFi, NFT, and multi-chain frenzy. Today’s environment resembles preventive easing: stablecoin compliance, ETF inflows, and RWA tokenization are aligning. With $7.2 trillion in money-market funds poised for reallocation, altcoins and ETH are already up 50%, though valuations and macro risks remain high. Traders should note that Fed rate cuts and liquidity remain key triggers for crypto bull runs, but selective positioning in robust sectors is essential.

Bitcoin dipped below $115,000 on August 18, triggering nearly $300 million in liquidations as investor confidence wavered. Meanwhile, Binance’s BTC spot volume surged past $6 billion, one of the largest spikes this month and a potential sign of institutional and retail accumulation. CryptoQuant data show a drop in the Binance Whale-to-Exchange flow from $6.4 billion to $5 billion over the past week, suggesting fewer large holders are moving BTC to exchanges for selling. Historically, strong spot buying during price dips can ease selling pressure and lay the groundwork for a rebound. Technical analysis indicates Bitcoin remains on its weekly trendline and could target $130,000 in the coming weeks if current demand holds. However, analysts warn of a “brutal September” and possible renewed selling pressure in the next one to two weeks. At press time, Bitcoin trades near $115,500, balancing early stabilization signals against looming market risks.

Tokenlon DEX is a non-custodial decentralized exchange on Ethereum. It enables users to swap Ethereum-based tokens directly from their wallets. By aggregating liquidity and leveraging Loopring’s L2 scaling, Tokenlon DEX reduces gas fees and improves trading efficiency. The platform supports a wide range of tokens and offers competitive pricing. The LON token, native to the Loopring ecosystem, provides users with fee discounts and staking rewards for network security and consensus participation. The LON token also allows holders to participate in governance and earn rewards.

SkyBridge Capital, led by Anthony Scaramucci, is tokenizing $300 million across two hedge funds on the Avalanche network. The Digital Macro Master Fund and Legion Strategies will be issued as compliant tokens under the ERC-3643 standard. Tokeny’s Digital 3.0 platform, backed by Apex Group’s $3.5 trillion in assets, will manage issuance, administration and distribution. This tokenization, representing 10% of SkyBridge’s AUM, aims to boost liquidity, transparency and settlement speed for traditional funds. Peers like VERT Capital plan to migrate $1 billion of debt to the XDC network, and Securitize offers tokenized shares on the XRP Ledger. Digital assets doubled to $26 billion last year and could hit $1 trillion by 2030. Scaramucci predicts 2026–27 as the real-world asset tokenization era. Avalanche’s infrastructure is also eyed for a $240 billion New Jersey property digitization project.

Strategy (formerly MicroStrategy) expanded its Bitcoin holdings with a fresh Bitcoin purchase of 430 BTC for $51.4 million, raising its total holdings to 629,376 BTC — nearly 3% of circulating supply. Funded by over $50 million in stock sale proceeds from STRK, STRF, and STRD shares, this marks Strategy’s third straight weekly Bitcoin acquisition amid a market downturn. The company also updated its capital guidance, enabling flexible share issuance based on market NAV levels to fund future Bitcoin purchases, service debt, or execute share buybacks. By reinforcing its Bitcoin investment strategy during market fluctuations, Strategy signals sustained institutional demand and potential upward pressure on Bitcoin price.

TeraWulf (NYSE: WULF) saw Google boost its equity stake to 14%, driving its stock to a 2.5-year high. This move underscores growing institutional confidence in sustainable Bitcoin mining. Powered by nuclear, hydro and solar energy, TeraWulf operates two large-scale New York facilities and plans to expand via WulfPack data centres and the TeraPool initiative. Strong operational metrics—record hash-rates and new site permitting—have reinforced its hybrid, zero-carbon mining model. Meanwhile, rival CleanSpark (NASDAQ: CLSK) slipped as investors pivoted to eco-friendly miners. Traders should note the potential for continued bullish momentum in TeraWulf’s sustainable Bitcoin mining operations and broader renewable-focused mining stocks.

Analysts assign a near 30% probability to XRP reaching $5 in 2025, driven by anticipated spot XRP ETF approvals and clearer regulatory clarity. Forecasts range from $4 to $5 if macro conditions stay constructive, though outcomes depend on specific catalysts such as ETF green lights and institutional demand. Remittix (RTX) is capturing whale interest with tangible utility. The project has raised over $20.3 million by selling 606 million tokens at $0.0969 each and secured a BitMart listing. A $250,000 community giveaway is live, and a low-fee wallet beta with real‐time FX conversion will launch in Q3. Remittix enables global remittances to bank accounts in 30+ countries and is audited by CertiK for security. While XRP’s rally may be event-driven, Remittix offers a utility-focused growth story. Traders should watch ETF developments for XRP and on-chain metrics and wallet adoption for Remittix.

Cardano budget governance reached a milestone with the closure of its first full-cycle ecosystem budget, approving ₳264 million in funding. Facilitated by Intersect, 194 initial proposals were refined to 40 and put on-chain, resulting in 39 treasury withdrawals and 37 supermajority approvals under CIP-1694. The Cardano budget framework now supports over 30 vendor contracts for projects ranging from the Catalyst 2025 program to infrastructure tools like a ZK bridge and developer libraries. The largest share—₳130.1 million—goes to Input Output Global (IOG) via four contracts: ₳96.8 million for core protocol development, ₳26.8 million for R&D, ₳5.16 million to upgrade Project Catalyst, and ₳1.3 million for decentralizing the Blockfrost API. Funds are held in milestone-based smart contracts with oversight committee keys, ensuring escrow-style security and on-chain auditability. Public dashboards will track flows from the Treasury into project contracts. IOG’s roadmap includes Ouroboros Leios, Hydra, Mithril enhancements, nested transactions, and the modular Project Acropolis.

Recent academic research provides empirical evidence that sovereign risk events significantly boost crypto adoption. A 10% rise in sovereign CDS spreads is linked to a 2.9–4% jump in crypto adoption, confirming that investors turn to digital assets during government debt crises. Studies document a "flight-to-bitcoin" phenomenon, with local Bitcoin demand rising amid policy uncertainty and corruption surges, and capital shifting from centralized exchanges to decentralized wallets. Further analysis shows higher emigrant ratios in lower-income countries correlate with increased crypto usage for remittances, while international sanctions motivate broader cryptocurrency adoption. Although these findings primarily reflect emerging markets, anecdotal signs in advanced economies—such as endorsements from Larry Fink, Jim Cramer, and the US government’s strategic Bitcoin reserve—indicate that crypto narratives as hedges against fiscal and political risk are gaining traction. This alignment of perception and reality underscores bullish long-term prospects as crypto adoption continues to spread globally.

Ruvi AI gained massive visibility after its CoinMarketCap listing, briefly overtaking Bitcoin (BTC) in summer 2025 hype and driving analysts to set a $1 valuation target sooner than expected. The AI token’s presale has raised $3 million, selling 230 million RUVI tokens and onboarding over 2,900 holders. Phase 2 is 90% sold at $0.015, with prices rising to $0.020 in Phase 3 and a final presale price of $0.070. Third-party assurance comes from a CyberScope security audit. A strategic partnership with WEEX exchange ensures post-sale liquidity and easy trading. Ruvi AI’s super app integrates trend research, automated content generation, and publishing tools aimed at content creators and marketing teams. These real-world utilities underpin token demand. Analysts argue these catalysts give Ruvi AI a faster re-rating profile than AVAX. Live leaderboard rewards and transparent pricing tiers intensify FOMO as supply tightens. Traders should watch for liquidity events and short-term price spikes driven by presale milestones and ecosystem adoption.

Bitcoin SOPR, a key on-chain metric showing short-term holders’ profit ratios, has dipped below 1 for the first time since January as Bitcoin short-term holders realize losses amid a recent $10,000 pullback. This SOPR drop signals either a cleaning phase before a fresh rally or potential momentum slowdown. Meanwhile, Bitcoin exchange netflow has turned more negative, reaching -3.4K BTC/day, indicating traders are buying the dip. Bitcoin price is consolidating near $115,000, close to its 50-day moving average; extended STH losses often precede deeper corrections toward the 100-day MA at $111,000 or the 200-day MA near $100,400. Key support sits at $115,900 and resistance at $123,200. Traders should watch Bitcoin SOPR and moving averages for signs of a rapid rebound or further bearish pressure.

ChatGPT’s Bitcoin analysis shows a 2.05% drop to $113,912 after BlackRock sold $548M in BTC and Ark 21Shares exited 559.85 BTC. The move triggered institutional profit-taking and tested key support at $113.6K. Technical indicators reveal a bearish MACD (-444.13) and an RSI (42.15) near oversold territory. Low volume (256 BTC) suggests selling exhaustion. Bitcoin trades below the 20-day and 50-day EMAs, but holds above the 100-day ($110.4K) and 200-day ($103K) levels. Chart patterns indicate a potential bullish crossover if momentum builds. ChatGPT’s Bitcoin analysis outlines three scenarios: an oversold bounce to $118K–$122K (45% chance), extended consolidation at $110K–$118K (35%), or a deeper correction to $103K (20%). Institutional distribution at cycle highs may slow a sustainable rally unless support at $113.6K holds. Traders should watch EMA levels and volume for early reversal signs.

Cardano has rallied on fresh ETF buzz, rebounding from $0.76 to $0.83, but remains range bound between $0.85 and $1.00 with key support at $0.85–$0.90. Momentum is slow despite a mid-term bullish bias, leading traders to seek higher-growth opportunities. Remittix, an altcoin launched from ICO, has surged 600% above its initial ICO price to $0.0969. With over $20.3 million raised and 608 million tokens sold, Remittix offers real-world utility in cross-border payments and DeFi integration. Its upcoming Q3 2025 wallet beta will enable live FX conversion with low fees. Rapid community growth and sustained price gains position Remittix as a leading breakout alternative. While Cardano’s ETF prospects keep investor interest, Remittix’s adoption roadmap and strong infrastructure could drive continued altcoin upside. Traders may view Remittix as a high-growth play as Cardano consolidates.

On August 18, the U.S. Securities and Exchange Commission (SEC) extended review deadlines for several spot crypto ETF proposals. It pushed the Truth Social Bitcoin and Ethereum ETF decision to October 8. Solana ETF filings from 21Shares and Bitwise now face an October 16 deadline. The 21Shares Core XRP Trust will be decided by October 19. Each spot crypto ETF would hold its underlying asset—BTC, ETH, SOL or XRP—and issue shares directly backed by these coins. The SEC also plans rule changes to streamline ETP listings for tokens with established futures markets. Analysts predict that if approved, new ETP rules could fast-track crypto ETF approvals next month. A wave of spot crypto ETF launches this October may boost institutional access to Bitcoin and altcoins. Traders should monitor these regulatory updates closely. Delays and potential ETP reforms could affect market demand, liquidity and price action across major tokens. Adjust strategies accordingly.

Pump.fun has reclaimed dominance in Solana memecoin launches by capturing 93.7% of daily token listings on decentralized exchanges. Data from Dune Analytics shows pump.fun surged ahead of letsbonk.fun, which now holds just 3.2% of listings. The resurgence of Solana memecoin launches on pump.fun was driven by a $500 million PUMP token sale and subsequent buyback. The campaign attracted top memecoin creators, many using bots to launch new coins every three minutes. In response, letsbonk.fun introduced a “Points” rewards system and pledged 1% of revenue for BONK token buybacks. The platform rivalry peaked in July, when pump.fun’s metrics began to outpace its rival. By August, pump.fun’s monthly revenue jumped, cementing its lead. For traders, this surge in Solana memecoin launches signals increased activity on the SOL network and potential trading opportunities. Investors should monitor token listings and platform incentives as pump.fun’s buyback strategy may sustain growth in memecoin issuance.

Ethereum whales are capitalizing on the recent price slump by purchasing roughly $200 million worth of ETH in a single transaction, according to Arkham Intelligence data. Two newly created whale addresses acquired about $192 million ETH from BitGo, underscoring strong buy-the-dip activity. Despite broader market weakness led by Bitcoin, this surge in large-scale accumulation highlights growing institutional interest and long-term conviction in Ethereum. Historically, similar whale buy-the-dip events have preceded price recoveries by tightening exchange supply and boosting retail confidence. Traders and analysts now anticipate that this whale-driven buying spree could mark the start of a bullish rebound in ETH prices.