Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On his 90th birthday, former U.S. Congressman Ron Paul received a $100,000 Freedom Dollar donation from supporters, boosting awareness of the Freedom Dollar token. The funds, contributed directly in Freedom Dollar stablecoins, will finance educational initiatives at the Ron Paul Institute for Peace and Prosperity. Following the announcement, Freedom Dollar trading volume spiked, reflecting renewed interest in politically themed cryptocurrencies. While the Freedom Dollar donation underscores community backing, its impact remains focused on this niche stablecoin rather than the broader crypto market. Traders may watch for short-term volatility in the Freedom Dollar token, though major cryptocurrencies are unlikely to be affected.

A pseudonymous analyst on X has calculated that XRP price could exceed $22 if its market capitalization matches Bitcoin’s $2.32 trillion valuation using a 100 billion maximum supply. Applying the 1.618 Fibonacci extension to the $23 parity level lifts the XRP price target to around $37.60, closely aligning with a $39.17 valuation based on circulating supply. This convergence of market-cap parity and technical analysis underscores significant undervaluation compared to XRP’s current $3.32 trading level. Achieving these theoretical targets would require sustained institutional demand for XRP as a settlement currency, extensive integration of Ripple’s payment solutions, and favorable regulatory frameworks. Traders should view these projections as potential benchmarks rather than guaranteed price moves.

World Liberty Financial is in discussions to raise $1.5 billion from major investors to transfer WLFI tokens to a publicly traded company. The DeFi platform, known for issuing the USD1 stablecoin and planning a crypto lending app, aims to transform governance-only WLFI tokens into tradable assets, boosting liquidity and expanding its user base. Industry sources say the fundraising structure is still under negotiation, but the move could set a new precedent for crypto assets. Rising institutional interest—highlighted by a recent U.S. order permitting crypto in 401(k) plans—reinforces the timing. Experts view the public listing of WLFI tokens as a bullish milestone for the platform’s market influence.

US-based Ethereum ETFs reversed early August outflows to close the week with $326.8 million in net inflows, driven by a four-day influx that followed President Trump’s executive order allowing crypto in retirement plans. On Friday, August 8, the Ethereum ETF market recorded $222.3 million in net inflows. BlackRock’s iShares Ethereum Trust (ETHA) led with $254.7 million, while Fidelity’s Ethereum Fund (FETH) and Grayscale’s Mini Trust added $132.4 million and $38.3 million respectively. Bitwise’s ETHW and Invesco’s QETH also saw positive daily capital inflows. These gains offset the $465 million withdrawn at the week’s start, delivering a total weekly performance of $460 million. The surge in Ethereum ETF inflows coincided with ETH price climbing more than 9% in 24 hours, breaching $4,200 and gaining over 21% on the week. This tight correlation between Ethereum ETFs and ETH price highlights how ETF inflows can signal market momentum. Traders should monitor Ethereum ETF net inflows, ETF performance rankings, and regulatory developments as key indicators for short-term trading strategies and long-term market positioning.

Savvy Mining has launched a new cloud mining service enabling XRP and Solana (SOL) holders to mine Bitcoin (BTC) without hardware. By converting idle XRP and SOL into computing power, the platform dispatches resources via AI to over 80 green‐energy farms worldwide. Investors can subscribe to flexible mining contracts—from one to 45 days—with no technical setup required. Profits are paid daily and contracts promise full principal refunds upon expiry. Savvy Mining claims users can earn up to $10,000 per day in passive income. Registered with the UK Financial Conduct Authority (FCA), the service supports deposits and withdrawals in BTC, ETH, XRP, SOL, DOGE, LTC, and USDT, secured by SSL encryption and cold wallet storage. This move taps into growing demand for cloud mining, offering traders an easy way to diversify assets, balance price volatility, and generate stable returns from their XRP and SOL holdings.

On-chain analyst Darkfost argues that the much-anticipated altseason—when mid‐ and small-cap altcoins outperform Bitcoin—has yet to begin. Despite recent rallies in Ethereum (ETH) reclaiming the $4,000 level and XRP surging past $3, Bitcoin’s market cap momentum still outpaces both the top 20 large-cap altcoins and the broader altcoin market. The analyst’s assessment is based on the gap between 365-day and 30-day moving averages of market capitalization, which shows Bitcoin holding stronger growth momentum. By contrast, altcoins are lagging, with their collective market cap at $1.55 trillion, up just 12% over the past week. True altseason momentum was last seen in Q1 2024, suggesting traders may need to wait for capital rotation away from Bitcoin before an altcoin rally unfolds.

El Salvador’s new Investment Banking Law reclassifies investment banks and grants a Digital Asset Service Provider (PSAD) license, letting them hold and trade Bitcoin and other digital assets. Licensed banks, including potential fully Bitcoin banks, can operate in legal tender and foreign currencies and offer crypto custody services and trading desks to sophisticated investors. This move boosts El Salvador Bitcoin adoption, aiming to attract foreign investment and cement the country as a Latin America crypto hub. Critics warn that the law may favor large institutions and the government, increasing market volatility and raising equity concerns for retail investors. Supporters argue regulated crypto custody will enhance liquidity and market confidence. Additionally, El Salvador and Bolivia signed an MoU to promote crypto amid Bolivia’s dollar shortage, further reinforcing regional digital asset integration.

Ethereum has risen 21% over the past week to trade around $4,217, marking a significant rally. Following this surge, co-founder Jeffrey Wilcke transferred 9,840 ETH (approximately $9.22 million) to the Kraken exchange. On-chain data shows Wilcke still retains 95,897 ETH in wallets and holds another 268,732 ETH, along with tokens like Status (SNT) and ENS. These large movements highlight active whale behavior that could influence short-term volatility. Traders should monitor further insider sell-offs and whale accumulation to gauge potential price corrections or sustained bullish momentum.

ETH open interest on Binance jumped by $681 million in 24 hours, with positions clustering around the $4,136 price level. This surge in ETH open interest reflects heightened trader confidence and often presages significant market volatility. Historically, previous spikes—such as a $640 million increase on May 19, 2025—led to a 7% rally within three days, while a $580 million rise on February 24 triggered a 5% drop. Binance’s deep liquidity and robust order books enable large trades with minimal slippage, cementing its role in the ETH derivatives market. As ETH remains stable near $4,136, the pronounced increase signals that traders are positioning for potential breakouts or breakdowns. Monitoring these key indicators can help traders anticipate volatility and refine trading strategies.

Ethereum has surged past the $4,000 mark, driven by two major catalysts that signal growing crypto adoption and institutional backing. First, a recent U.S. executive order allows 401(k) plans to allocate assets into cryptocurrencies, offering tax-advantaged exposure to blockchain investments. Second, public ETH treasury firm Fundamental Global filed a $5 billion shelf registration with the SEC, paving the way for large-scale institutional ETH purchases. This bullish momentum is fueling predictions of an upcoming altcoin season, with experts forecasting 200% to 500% gains for select tokens. Among them, Best Wallet Token (BEST) stands out in its presale phase. BEST powers Best Wallet, a non-custodial, beginner-friendly platform that combines top-tier security features, multi-chain support, and an integrated presale aggregator for vetted meme coins. With over $14.5 million in early funding and tokens priced at $0.025455, $BEST presale buyers can access reduced fees, governance rights, and staking yields up to 92% APY. As Ethereum’s rally attracts more capital, utility tokens like BEST could capture substantial upside. Traders should monitor Ethereum’s momentum and emerging presale opportunities but remain mindful of crypto market volatility.

Drex, the Central Bank of Brazil’s (BCB) digital currency, will fully launch in 2026 with a centralized architecture. The BCB has shelved decentralized features due to privacy and security challenges. Since July 2023, 16 private-sector consortia, including Microsoft and Chainlink, tested Drex on a Hyperledger Besu blockchain. The pilot covered tokenized property sales, trade finance, and cross-border payments. The accelerated rollout reflects a pragmatic shift. Drex’s first phase will exclude blockchain programmability, while the second phase will explore selective blockchain functions. The BCB aims to balance user privacy and regulation. This approach may influence Brazil’s tokenized economy and global CBDC debates.

Ethereum price has surged to its highest level since 2021, driven by record spot Ethereum ETF inflows and growing on-chain activity. Spot Ethereum ETF inflows jumped by $326 million this week, marking 14 consecutive weeks of inflows and $9.8 billion in cumulative capital. Major funds include BlackRock’s ETHA and Grayscale’s ETHE, with the latter seeing outflows due to high fees. Institutional accumulation is rising. SharpLink Gaming added 22,000 ETH this week, while BitMine and The Ether Machine hold $3.45 billion and $1.4 billion in ETH respectively. Investors are attracted by Ethereum’s expanding network usage and sector dominance. On-chain metrics show a 52% increase in transactions to 47 million and $48 million in fees over the past 30 days. DeFi total value locked climbed to $195 billion, bridged assets reached $501 billion, and stablecoin supply rose to $137 billion—positioning Ethereum to benefit from the US GENIUS bill. Technical analysis confirms a bullish breakout. A golden cross on the 3-day chart and an inverse head-and-shoulders pattern with a $4,090 neckline point to a $6,800 target—a 68% upside. These signals reinforce a robust bull case for Ethereum ETF investors and traders.

Mutuum Finance (MUTM) has gained traction in its presale, raising over $14.25 million from more than 15,000 investors at $0.035 per token in phase 6. The Mutuum Finance presale anticipates a 14.29% price rise to $0.04 in phase 7 and potential 400% gains post-launch. The project’s dual-lending model—combining Peer-to-Contract and Peer-to-Peer—and upcoming USD-pegged stablecoin aim to strengthen its DeFi offering. A $50,000 CertiK bug bounty and $100,000 community giveaway further highlight its focus on security and user engagement. Meanwhile, Pepe Coin (PEPE) trades around $0.00001123 with a $5 billion market cap, reflecting sustained interest in meme coins. Crypto traders looking ahead to 2025 may consider locking in MUTM tokens now and monitoring PEPE’s market resilience.

Ethereum topped $4,000 for the first time in weeks as major whale wallets accumulated $667 million in ETH via OTC desks across four days, per on-chain data from Lookonchain and CryptoQuant. This surge sparked the largest ETH short liquidation in months, underpinned by strong bullish momentum: RSI climbed above 72 and the MACD histogram expanded on daily charts. The event pushed ETH to close at $4,196 at press time, cementing bullish market sentiment. Ethereum’s circulating supply has surpassed 121 million ETH, offset by over 36.18 million ETH locked in staking, which continues to influence ETH’s inflation profile. The intense whale accumulation suggests strategic long-term positioning, reinforcing a bullish outlook, though traders should watch for potential profit-taking and pullbacks at these elevated price levels.

Spartans.com has quickly become a top crypto betting platform by offering no-KYC account creation and instant crypto withdrawals. The site supports BTC, ETH, USDT and major fiat currencies, enabling users to start betting in minutes. Its all-in-one sportsbook covers football, basketball, cricket, and eSports, with real-time odds and live in-play betting. On the casino side, over 5,900 games from 43 providers, including live dealer tables and provably fair slots, are available globally. New users benefit from a 300% casino bonus and high-stakes promotions like a Lamborghini giveaway. A tiered rewards program, seasonal campaigns, and affiliate options provide ongoing incentives. Optimized for mobile, Spartans.com offers a seamless experience and multi-language support, with Spanish rollout targeting Latin America. The platform currently operates in Colombia, Peru, and Chile, accepting both crypto and fiat payments. By integrating blockchain speed and privacy, Spartans is driving wider adoption of crypto betting. Traders may see increased demand for BTC, ETH, and USDT as the platform expands, though direct price impacts are likely limited.

AVAX Price Prediction models indicate a bullish outlook for Avalanche (AVAX) as Layer 1 blockchain demand picks up. Trading at $23.50, AVAX has drawn developer and institutional interest thanks to its unique multi-chain architecture. The Avalanche price prediction scenario focuses on breaking the $100 resistance level. On-chain metrics and renewed Layer 1 hype suggest AVAX price prediction models could target $120 in the near term. With the Suzaku protocol securing infrastructure and growing DeFi activity, the network’s utility is set to expand. In parallel, Remittix (RTX) positions itself as a promising utility token. Designed for secure, next-day crypto-to-fiat payments across 30 countries, RTX features transparent fees and CertiK-audited smart contracts. Enterprise adoption via merchant tools and mobile wallets underpins its real-world use case. Crypto traders seeking both speculative gains and stable returns may view AVAX price prediction optimism and Remittix’s practical growth trajectory as compelling signals for portfolio diversification.

Ozak AI has kicked off its Stage 4 OZ presale at $0.005 per token, raising over $1.6 million and selling more than 80 million tokens so far. At current rates, a $1,000 investment nets 200,000 OZ tokens. The OZ presale underpins a broader AI blockchain strategy that combines on-chain analytics, smart contract automation, predictive DeFi analytics and decentralized data feeds. OZ tokens will power platform services, governance and reward mechanisms, aiming to drive organic demand post-launch. Backed by a Certik audit and listings on CoinMarketCap and CoinGecko, Ozak AI also adopts lifestyle branding—signature cocktails and Vietnamese cà phê—to foster community engagement. Analysts forecast potential prices ranging from $0.05 within a year to $1 by 2025, marking a last entry point before stage price increases. Traders should weigh this bullish upside against speculative risks.

Melania Token surged 14% this week to reach $0.22, pushing its market cap above $190 million after World Liberty Financial (WLFI) announced a USD1 loyalty rewards program and plans for a $1.5 billion treasury fund. The loyalty program will reward USD1 stablecoin holders with points for trading and balance milestones via exchange partnerships, while the proposed WLFI treasury fund aims to attract institutional investment under a new public company structure. WLFI, the DeFi venture backed by former President Trump, also plans a crypto lending platform powered by its USD1 token. From a technical perspective, Melania Token has broken key resistance at the 50-day moving average ($0.224) and is testing the upper Bollinger Band near $0.23, with RSI at 52.7 — suggesting room for further gains. A sustained close above $0.23 could target $0.258 and $0.285, while a drop below $0.224 risks a pullback toward $0.19.

On August 9, 2025, Litecoin price (LTC) climbed above the 21-day simple moving average (SMA) and broke through the $120 resistance level. The altcoin recovered from its dip to $103 as bulls bought the pullback, signalling renewed buying momentum. Litecoin price now trades around $125, with moving averages sloping upward, confirming the uptrend. Key resistance is at $130, followed by $140 and $147. Strong selling pressure was seen near $130 on August 5, reflected in long upper wicks. If LTC holds above $120, a breakout could target $140. Conversely, a drop below $120 may trigger selling pressure. Technical indicators show support at $120, $100 and $60, while resistance sits at $120, $140 and $147. Traders should watch the 21-day SMA for trend confirmation in the Litecoin price movement.

Ethereum’s price accelerated over two trading days, breaking through the $4,000 resistance to reach $4,200 on Binance, marking a 6.6% gain in 24 hours. Analysts attribute this rally to technical breakouts and the liquidation of $207 million in short positions, amplified by an on-chain wealth effect that fuels risk-on sentiment among investors. Key trading volumes spiked: over 646,000 ETH at the first breakout above $4,000 on August 8 and 714,000 ETH when prices hit $4,194 on August 9. Experts forecast a three-phase market rotation: initial altcoin gains led by Ethereum, a shift to Bitcoin targeting $120,000–$140,000, and a final return to Ethereum and smaller tokens. Bullish investor sentiment—“buy” mentions doubling “sell”—raises profit-taking risks. Immediate support lies at $4,155–$4,160. Traders should watch consolidation around this range and on-chain indicators for signals of continuation or pullback.

World Liberty Capital, affiliated with former President Donald Trump, filed an S-1 with the U.S. Securities and Exchange Commission to launch a $1.5 billion crypto holding company via an initial public offering. The firm is positioning this crypto holding company as a listed acquisition vehicle to consolidate digital asset firms. It plans to raise up to $300 million by selling 15 million units at $19–$21 each; each unit includes one share of Class A common stock and half a warrant exercisable at $24 per share. Proceeds will fund acquisitions and investments in blockchain startups, digital asset platforms and fintech companies. The SPAC-style vehicle, led by WLC’s digital asset division, targets growth-stage firms and yield-bearing assets. Lead underwriters include B. Riley Securities and H.C. Wainwright & Co. This marks the Trump family’s latest foray into cryptocurrency, potentially signalling increased institutional interest in the market.

The ETH/BTC pair has confirmed a rare 3-week MACD golden cross on higher timeframes, marking the first occurrence since early 2020 and signaling a potential bullish cycle for Ethereum against Bitcoin. According to analyst Merlijn The Trader, the MACD golden cross indicates a shift in momentum as the shorter-term moving average crosses above the longer-term line. ETH/BTC rebounded to 0.03353 BTC—up 9.47%—with critical support at 0.030 BTC and upside targets ranging from 0.050 to 0.070 BTC if buying pressure holds. Historical data show the last 3-week MACD golden cross preceded a sustained rally, lifting ETH/BTC from around 0.018 BTC to over 0.085 BTC in 2021. Traders should monitor the MACD golden cross confirmation, key support at 0.030 BTC, and a breakdown below 0.025 BTC, which would invalidate the current bullish setup. This technical signal, combined with stronger fundamentals and growing institutional interest, strengthens the case for Ethereum’s medium-term outperformance against Bitcoin.

Crypto community member “Meteor shower” asserted that former President Trump would set the XRP price at $10,000, claiming US leadership could establish a new global financial order around the token. This speculation arrives amid a more crypto-friendly US policy environment, including a March 2025 white paper introducing a Strategic Bitcoin Reserve and a push to incorporate digital assets into retirement plans. Yet no official directive targets XRP pricing. Fundamental market mechanics—supply and demand, liquidity, and exchange trading—determine real-world valuations. With around 59.3 billion XRP in circulation, reaching $10,000 per token implies a $593 trillion market cap, many times global GDP, rendering such a policy-driven leap improbable. Regulatory progress, such as the SEC’s settlement with Ripple and clearer frameworks for crypto in 401(k)s, may boost institutional interest, but these factors influence gradual growth rather than instant spikes. Ultimately, while the XRP price debate underscores community optimism and political hopes, traders should weigh market fundamentals and risk, recognizing that token values reflect global capital flows, not presidential mandates.

Ripple Labs and the US SEC have dropped their appeals, finalizing Judge Analisa Torres’s 2023 ruling and ending a nearly five-year legal battle. The settlement confirms XRP is not a security in retail trades and requires Ripple to pay $50 million. This regulatory clarity spurred XRP price to surge over 11% above $3.30. Polymarket odds for an XRP ETF briefly rose to 88% before settling around 76%. ETF expert Nate Geraci says the ruling paves the way for BlackRock to file an iShares XRP ETF application, following its spot Bitcoin (BTC) and Ethereum (ETH) ETFs. Bloomberg analyst Eric Balchunas is less optimistic about an immediate filing. Meanwhile, Ripple announced a $200 million deal to acquire Rail, boosting its RLUSD stablecoin infrastructure and cross-border payment capabilities. As the third-largest cryptocurrency, XRP could see significant liquidity and price gains with an institutional spot ETF. Traders should watch for an iShares XRP ETF filing and related market shifts.

As the 2025 market approaches, traders are eyeing high-upsides in presale crypto offerings backed by real products and user traction. Cold Wallet (CWT) leads the list: already live, it rewards on-chain activity with $CWT tokens, boasts over 2 million users after acquiring Plus Wallet, and has raised $5.8 million at $0.00998—implying a 38× gap to its $0.3517 launch price. Snoter reshapes prediction pools with DeFi mechanics, letting users stake, farm, and trade positions in a market aligned with the $300 billion global betting sector. Best Wallet unites portfolio tracking, asset swaps, messaging, and creator monetization in one app, leveraging its token for premium features and governance. Lightchain AI offers AI-powered trading tools—rebalancing, sentiment scans, contract reviews—accessed via the $LIGHT token for staking and governance. These four presale crypto projects span wallets, DeFi prediction markets, social trading, and AI, offering traders multiple entry points for outsized returns.

BlockDAG presale remains open at $0.0016 until August 11, offering a 17× price jump potential when the next batch opens at $0.0276. Meanwhile, Stellar XLM has broken long-term resistance and climbed 62% toward $0.681, supported by increased volume and its cross-border payment use case. Hedera HBAR has delivered a 305% gain year-to-date and 89% in 30 days, driven by USDC stablecoin growth on Hedera’s network, listings on Robinhood, and institutional trades by Lloyd’s Bank and Aberdeen. With over $367 million raised across 29 presale batches, BlockDAG’s hybrid blockchain-DAG platform already provides live trading tools, a mobile Proof-of-Engagement mining app with 2.5 million users, and EVM compatibility for dApps. Confirmed listings on five exchanges (MEXC, BitMart, CoinStore, XT.com, LBank) and a 10 BTC auction further boost BlockDAG’s market entry. For crypto traders, the BlockDAG presale presents an early-stage opportunity with strong upside, while XLM and HBAR continue to show established momentum in their sectors. Monitor the approaching August 11 price jump to assess entry timing and potential returns.

Pepe price has climbed four days running, reaching $0.000012, its highest since July 28, propelled by significant whale accumulation and an Ethereum rebound. Nansen data show whales increased holdings to 8.95 trillion PEPE, a 12% monthly rise and 30% year-on-year gain. Smart money investors also boosted holdings from 258 billion in May to 643 billion tokens. Pepe futures open interest surged to $720 million over seven days, coinciding with sustained positive funding rates. Technical analysis shows Pepe price above an ascending trendline and the 50-day moving average, forming an ascending triangle. Bulls target the 38.2% Fibonacci level at $0.000014 and the year-to-date high of $0.00001625. The ETH rally to $4,100 may further fuel meme coin demand on its network, mirroring moves in WIF and BONK.

On August 9, Whale Alert reported a 500M XRP unlock from Ripple’s escrow, marking a routine supply release staged monthly to manage XRP supply. Unlike a typical XRP unlock pattern, these tokens moved directly to an unknown wallet instead of returning to escrow, fueling speculation over potential whale sell-offs, over-the-counter trades, or long-term strategic holdings. Traders should focus on wallet movements, XRP trading volume, and any Ripple statements. A sudden influx to exchanges may increase selling pressure and trigger price dips. Conversely, if the recipient opts for long-term accumulation or strategic partnerships, XRP volatility may be muted. Understanding the Ripple escrow mechanism and monitoring subsequent unlocks is vital for navigating future market shifts.

DOGE whales accumulated 1 billion Dogecoin (≈$220M) within 24 hours, fueling a 22.4% price rally to $0.24. On-chain data from Santiment and analysts Ali Martinez and Ali Charts confirm sustained whale accumulation, tightening supply and boosting demand. Over the past week, Dogecoin outperformed nearly all altcoins, achieving the second-largest weekly gain (20.63%) behind ETH. Traders should also watch for possible U.S. 401(k) executive orders that may inject new institutional inflows. This whale-driven momentum underscores bullish sentiment and highlights short- and medium-term trading opportunities for Dogecoin.