Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Several high-profile tech IPOs have posted significant share pullbacks after strong initial performances. Figma, the design software firm, saw shares tumble nearly 50% from a $140 peak. Cloud AI specialist CoreWeave and stablecoin issuer Circle also retraced gains but remain above IPO prices. Online bank Chime is down roughly one-third from its post-IPO highs. These pullbacks reflect momentum trading in the tech IPO market rather than indications of a broader downturn. All companies still trade above their offering prices, underscoring ongoing investor appetite despite early volatility.

The crypto market saw a rapid crypto selloff in August 2025 after US Federal Reserve remarks tightened risk sentiment. Bitcoin plunged to a six-week low near $112,000, erasing roughly $200 billion in market value. The Bitcoin drop triggered over $500 million in leveraged liquidations, worsening liquidity stress in derivatives and amplifying the broader crypto selloff. Altcoins suffered heavier losses as Bitcoin dominance fell to about 56%, while decentralized finance tokens and small-cap projects faced the steepest declines. Traders reacted to perceived hawkish Fed signals by deleveraging and triggering stop-loss cascades. To navigate future volatility, maintain lower leverage, set strict stop-loss orders, and closely monitor central bank communications. This selloff underscores digital assets’ sensitivity to macro policy shifts and the need for robust risk management.

Federal Reserve Chairman Jerome Powell’s recent Jackson Hole speech marked a turning point in crypto market sentiment. After a near 10% drop in Bitcoin price driven by inflation concerns and $1.18 billion in spot Bitcoin ETF outflows, the market braced for further declines. However, Powell’s dovish comments triggered a powerful short squeeze, sparking a rebound across major cryptocurrencies. Bitcoin and Ethereum led the recovery, despite ongoing ETF outflows—Ethereum ETFs saw a daily net withdrawal of $197 million, the largest since April. This rebound highlights the market’s sensitivity to macroeconomic cues and anticipations of monetary policy. Institutional capital flows remain cautious. Persistent net outflows from Bitcoin ETFs and Ethereum ETFs suggest that sustained upward momentum hinges on renewed institutional interest. Bitfinex Alpha analysis indicates that Bitcoin may trade within a defined range in the short term. Altcoin performance is likely to stay muted until larger investors re-enter the market. Crypto traders should monitor ETF flow data and upcoming macroeconomic reports. The interplay between Federal Reserve guidance and institutional capital will be crucial for future shifts in crypto market sentiment.

The US Securities and Exchange Commission (SEC) has postponed its decision on the proposed Canary Staked TRX ETF. The ETF, designed to track Tron (TRX) and distribute staking rewards, saw its review deadline extended by 45 days under SEC rules. This marks the SEC’s latest delay in crypto ETF approvals, reflecting its cautious stance on digital asset products. The regulator cited the need for additional analysis of custody and staking mechanisms. Investors should prepare for continued uncertainty in the short term. The delay could mute bullish sentiment for TRX and similar crypto ETFs until regulators complete their review.

BNB Coin reserve strategy has sparked excitement as B Strategy, backed by Binance’s CZ and former Bitmain executives, aims to raise $1B in a Nasdaq-listed fund. Designed to emulate Berkshire Hathaway, the company will support the BNB ecosystem through technology investments, project grants, and community ventures. The initiative is facilitated by YZi Labs and has already secured Asia-based family offices. The Nasdaq listing and fundraise are expected to complete within weeks. BNB Coin currently trades at $865, maintaining gains amid broader market losses. Consistent new all-time highs suggest potential for a four-digit price if B Strategy succeeds. Past examples, like MicroStrategy’s Bitcoin purchases, show that large reserves can drive demand. The reserve company could boost liquidity and attract institutional investors. This altcoin reserve model may become a blueprint for other tokens. Overall, the reserve strategy underscores growing institutional interest in altcoin reserves and could fuel bullish momentum in the BNB Coin market.

Stablecoins are transitioning from mere value preservers to yield-generating assets in 2025. With the global stablecoin market at $278 billion (up 22% this year), the US GENIUS Act now mandates full backing by dollars or high-quality liquid assets, bolstering investor confidence. Centralized exchanges like Coinbase pay up to 4.7% APY on USDC, while DeFi protocols—Falcon Finance, Ethena (USDe), Ondo Finance and Elixir—deploy strategies such as basis trading, ETH staking and arbitrage to offer double-digit returns. Yield-bearing stablecoins have distributed over $800 million to date. Traders can tap these opportunities by connecting wallets and completing KYC checks. Because collateral remains pegged to the dollar, stablecoin APY strategies deliver dependable returns without exposure to crypto volatility. With forecasts projecting a $1.2 trillion market by 2028, stablecoin yield generation is poised to become a cornerstone for both retail and institutional investors.

Bitcoin price has fallen from a recent high of $124,200 to around $112,800, trimming gains after a 50% rally since April. On the weekly chart, Bitcoin has formed a bearish rising wedge pattern and shown bearish divergence in both the Percentage Price Oscillator and the Relative Strength Index. These technical signals suggest a potential breakdown toward the 50-week moving average near $95,000. Demand for spot Bitcoin ETFs has cooled, with $1.17 billion in outflows last week compared to $547 million of inflows the week before. At the same time, Bitcoin held on exchanges has risen to 2.25 million BTC, the highest level since August 7, indicating increased selling pressure. Together, these developments point to weaker institutional and retail buying interest. Traders should watch for a decisive weekly close below the wedge’s lower trendline and any further ETF outflows. A breach could trigger a short-term sell-off toward major support at $95,000. While Bitcoin’s long-term fundamentals remain intact, short-term market sentiment has turned cautious amid waning ETF demand and bearish chart setups.

Nasdaq-listed Heritage Distilling completed a $223.8 million private placement, raising $95 million in cash and $128.8 million in Story IP tokens. The distillery bought over 23.5 million Story IP tokens at $3.40 each, bringing its total holdings to 53.2 million tokens valued at $320 million as of Aug. 22. Backed by Story Foundation, a16z Crypto and other venture firms, the deal also cleared $19 million in debt. Heritage plans to stake the Story IP tokens for yield and support the Story Protocol ecosystem. The move highlights growing adoption of crypto treasury strategies among public companies and helped lift Story’s token price from $2.50 in June to nearly $7.00 in August 2025.

Crypto analyst Dark Defender identifies multiple bullish technical patterns indicating an XRP price breakout. On the weekly chart, XRP price has formed a Cup & Handle, finishing its handle after months of consolidation. Elliott Wave analysis shows the ABC retracement complete, while Fibonacci retracement holds support at $2.85. Combined signals point to a strong breakout toward a $5.85 target. Market watchers also note a repeating Bull Flag on the weekly chart above $3, with support at $3.00 and $2.85. Previous November 2024 Bull Flag correctly predicted a rally from $1.13 to $2.40, bolstering confidence. Fibonacci extensions suggest interim targets at $3.35 (70.2%) and $4.39 (161.8%) before reaching $5.85 (261.8%). Traders should watch key levels and pattern confirmations for entry opportunities. If XRP price maintains support and breaks above the flag, the next bullish phase could accelerate. This outlook offers actionable insights for crypto traders seeking short-term gains and long-term bullish potential.

TRON’s DeFi ecosystem continues to expand as Sunswap, the network’s leading decentralized exchange, surpasses 16 million transactions since launch. Native integrations with BitgetWallet, TrustWallet and TronLink have driven user adoption, helping TRON maintain over 2.5 million active addresses. As the primary blockchain for Tether (USDT), TRON hosts more than $80 billion in USDT liquidity, underscoring its role in fast, low-cost stablecoin transfers. Despite 2025’s market volatility, Sunswap’s weekly transaction count remains stable. Early data show a shift in trading patterns: in 2024, WTRX and USDT accounted for the bulk of activity, but newer tokens like LMTV, SUNDOG, JST and the Trump-tied TRUMP token are gaining share. This diversification points to a broader and more resilient TRON DeFi landscape. On price charts, TRX trades near $0.3518, testing its 50-period moving average as resistance and 100-period SMA at $0.3520 as support. A sustained hold above these levels could trigger a retest of $0.37, while a break below $0.3390 risks deeper consolidation toward $0.32. Overall, network metrics and growing liquidity suggest a bullish outlook for TRON’s DeFi expansion.

Bitcoin saw a sharp bounce after dovish Jackson Hole comments lifted risk appetite, but gains quickly faded. Over the weekend, BTC slid from around $117,300 to $110,600, forming a bearish weekly engulfing candlestick. Onchain data reveals that all wallet cohorts are distributing coins, led by mid-size holders with 10–100 BTC. Large whales (>1,000 BTC) also remain net sellers. Analyst Boris Vest highlights that smaller investors (0–1 BTC) are accumulating, and 1–10 BTC wallets buy dips below $107,000. The 100–1,000 BTC cohort now holds $105,000 as its last stronghold before further selling. Realized-price metrics show short-term holders (1–3 months) have cost bases near $111,900, while longer-term holders sit closer to $90,000. Technically, a break below the $105,000 support could trigger accelerated downside, with the next demand zone between $92,000 and $89,000. This risk is magnified by historical seasonality, as Bitcoin often weakens during August to September’s “ghost month,” which has averaged a 21.7% decline since 2017. Crypto trader Roman Trading adds that BTC/EUR has not hit new highs, indicating recent gains stem from a softer US dollar rather than fresh demand. He also warns that post-spot Bitcoin ETF enthusiasm may be waning, reflecting exhaustion similar to past distribution phases. Traders should watch the $105,000 level closely. A sustained defense could stabilize the market, while a breach may prompt capitulation and deeper corrections.

On August 24, 2025, Bitcoin plunged from approximately $117,000 to $111,000 during a thinly traded weekend session, triggering over $500 million in long liquidations across major derivatives platforms. A rapid unwind of leveraged Bitcoin longs, amplified by elevated futures funding rates and macroeconomic risk-off sentiment, cascaded through stop-loss orders and widened the sell-off. Ethereum and leading altcoins mirrored the move, with ETH falling around 7% amid funding rate stress and spot ETF outflows. Analysis indicates that high open interest and speculative excess in CME futures and perpetual swaps set the stage for a liquidity shock. This event highlights the liquidity and leverage risks facing Bitcoin traders. Short-term risk management steps include reducing leverage and widening stop placements, while institutions are advised to revisit margin models and liquidity stress tests to mitigate concentrated counterparty risk.

Ethereum reserve-concept stocks slid across US markets on August 26, led by an 8.13% drop in BTCS (BTCS.US). Coinbase (COIN.US) shares fell 2.95%, followed by Bit Digital (BTBT.US) down 1.77%, SharpLink Gaming (SBET.US) off 3.98%, and Bitmine Immersion Technologies (BMNR.US) down 2.49%. This sell-off highlights renewed weakness in crypto-linked equities and reflects cautious sentiment among traders. Ethereum reserve-concept stocks have come under pressure despite stable network fundamentals. Market participants will closely watch equity movements for further signals in a volatile trading environment.

Bitcoin’s recent 3.9% rebound to $117,300 faded, as onchain data points to broad whale selling. Wallets holding 10–100 BTC flipped to net sellers above $118K, while larger holders remain distributors. The 100–1,000 BTC cohort is defending $105K, marking the last strong support before a possible drop to $92K–$89K. Realized price bands show short-term holders sit near $111,900, versus longer-term cost bases around $90K. Seasonal weakness in August–September and fading spot ETF enthusiasm add bearish risks. If Bitcoin loses $105K, sparse cost support until $90K could trigger accelerated selling. Traders should watch the $105K level, onchain distribution, and ETF flows for signs of further downside.

Aave price has jumped 185% since April, driven by record network growth and rising fees. Total value locked in the Aave ecosystem reached $41 billion, while supplied liquidity hit $63 billion. Monthly protocol fees climbed to $80 million, boosting the treasury to $235 million. However, on‐chain data shows whale activity stalling since mid-August, with top holders’ balances unchanged at 183,116 AAVE (~$59 million). Smart money addresses have slightly reduced their stakes, and token supply on exchanges has inched higher. Technical charts reveal a potential double-top pattern with a neckline at $113.80 and a peak at $377. A sustained drop below the $377 level could see Aave price retreat towards key moving averages near $190. Traders should watch whale accumulation and exchange inflows for signs of a deeper pullback.

Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission for an American-Made Crypto ETF. The altcoin ETF will focus on U.S. crypto projects such as Uniswap (UNI), Chainlink (LINK), Solana (SOL) and Injective (INJ). Eligible proof-of-stake tokens will be staked to boost yield, with rewards paid out or reinvested. The fund will hold only underlying tokens, avoiding derivatives and futures. The American-Made Crypto ETF filing emphasizes U.S.-based projects amid a pro-crypto regulatory shift after the recent U.S. election. It classifies the strategy as high-risk, citing lower liquidity in altcoins and ongoing regulatory uncertainty. A U.S.-only portfolio may also limit diversification. The filing follows Canary Capital’s registration of a “Trump Coin ETF” and signals deeper ties between crypto, politics and culture.

Dogecoin Foundation executive Timothy Stebbing has denied rumors of a planned 51% attack on the Dogecoin network, calling such claims misleading and underscoring the project’s decentralized structure. Stebbing emphasized that Dogecoin’s governance is driven by open debate and community consensus, where no single actor holds central control. He highlighted the “voting with their feet” mechanism, allowing users to choose which developments to support. Despite resistance from critics preferring to keep Dogecoin unchanged, Stebbing said the Foundation is committed to innovation and has launched dogebox.org, a decentralized platform for collaborative testing of new ideas. He reaffirmed Dogecoin’s robustness, driven by community passion and the guiding principle “Do Only Good Every Day,” asserting that fears of a 51% takeover do not undermine the network’s decentralization or future growth.

MicroStrategy’s Bitcoin strategy hinges on a corporate treasury model that allocates capital from equity and debt issuances into Bitcoin as a store of value. The company now holds 632,457 BTC acquired at an average price of $73,527, valued at over $71 billion, which constitutes most of its $99 billion market cap and $113 billion enterprise value. A recent 3,081 BTC purchase at $115,829 per coin ($357 million total) underscores its ongoing accumulation. Critics, notably Peter Schiff, warn this Bitcoin strategy amplifies liquidity and funding risks: reliance on equity-premium inflows means a stall in share issuance could force sales into illiquid markets, triggering price drops and contagion across corporate treasuries. Traders should monitor concentration ratios, entry-price vs. spot, funding sources, and conduct stress tests modelling 25–50% BTC price declines and potential equity dilution. Key takeaways: MicroStrategy’s concentrated Bitcoin holdings boost headline gains but expose it to market liquidity, equity-premium compression and solvency risks. Active risk assessment and careful monitoring of capital-market conditions are essential for investors evaluating this approach.

At the WebX2025 event in Tokyo, Binance CEO Changpeng Zhao said stablecoins have outpaced central bank digital currencies (CBDCs) in adoption, growth and innovation. He highlighted global regulatory frameworks like Hong Kong’s Stablecoin Ordinance and the U.S. GENIUS Act, noting that stablecoins backed by real assets offer faster speeds, lower fees and broader use cases. Standard Chartered forecasts the stablecoin market expanding from $260 billion to $2 trillion, while many CBDC trials—including the Bahamas’ Sand Dollar, Nigeria’s eNaira and Ghana’s e-Cedi—see limited uptake and high costs. Over ten countries have paused or scrapped CBDC projects, and major central banks have delayed digital pound and euro plans. Traders should watch stablecoin regulation and adoption trends for insights into liquidity and payment innovations.

President Donald Trump said he is open to renegotiating the Korea–U.S. Free Trade Agreement (KORUS FTA), raising the prospect of new discussions on tariffs, market access, and digital trade provisions. The move aligns with his past emphasis on addressing trade imbalances and protecting domestic industries. Key sectors likely to be renegotiated include automotive exports, agricultural quotas, and digital commerce rules. Negotiations could influence global supply chains and impact businesses reliant on cross-border digital services. While the immediate impact on cryptocurrency markets is expected to be neutral, traders should monitor changes in digital trade regulations, as any adjustments to data flows and e-commerce policies could affect blockchain-based platforms and tokenized asset trading in the longer term. The timeline for formal talks remains uncertain, but stakeholders anticipate detailed consultations in the coming months.

MicroStrategy Inc. has resumed its at-the-market (ATM) common stock offering and raised approximately $357 million in net proceeds. The company immediately deployed these funds to acquire an additional 9 245 BTC at an average price near $38 600 per coin, boosting its total Bitcoin holdings to over 154 000 BTC valued at around $5.9 billion. The ATM program remains open for further share sales, supporting MicroStrategy’s strategy of funding Bitcoin purchases through equity issuance. This move underscores continued institutional adoption of Bitcoin and reinforces MicroStrategy’s position as the largest corporate holder of the asset.

Ethereum price rallied to an all-time high at $4,955 before pulling back to $4,633. On-chain metrics show heavy speculative inflows and elevated market temperature. Alphractal’s Realized Cap Impulse increased, indicating fresh capital moving into long-term positions. Market Temperature also rose, reflecting heightened investor activity and volatility. Santiment data reveals an MVRV L/S ratio at 31.54%, a yearly high for long-term holder profitability. CryptoQuant’s Coinbase Premium turned negative at -0.0058, and the taker buy-sell ratio fell to 0.85, signaling institutional demand cooling and seller dominance. Traders face two scenarios. If buying pressure returns, Ethereum price could rebound to $4,800 and test a new peak. If selling persists, a correction toward $4,500 is likely. Key indicators to watch include Realized Cap Impulse, Market Temperature, MVRV, Coinbase Premium and the taker ratio.

Bitcoin Swift presale has raised over $1 million from 4,000 investors and will launch early on August 30. Shiba Inu and XRP have lost momentum due to fading meme-coin hype and regulatory uncertainty. Bitcoin Swift’s tokenomics feature a fixed supply of 45 million tokens: 50% for Proof of Yield staking rewards, 30% for presale, 15% for liquidity, and 5% for development. Stage 6 presale offers 166% APY at $6 per token, plus a 10% referral bonus and extra bonuses of 25–100% based on contribution size. Stage 5 delivered 96% APY and distributed $110,000. Audits by Cyberscope, Solidproof, and Spywolf, along with full KYC, underpin security. Influencers like Crypto Sister and Token Galaxy endorse the project. The momentum and rewards structure may attract traders seeking early returns in 2025.

Bitcoin’s market capitalization has reached $2.22 trillion, representing 2.2% of the global M2 money supply. This milestone underscores Bitcoin’s growing importance as a macroeconomic factor alongside fiat currencies and gold. Institutional adoption has driven much of this growth. Public companies acquired over 196,000 BTC in early 2025, outpacing annual mining output of roughly 164,000 BTC. Overall, institutions have hoarded more than 417,000 BTC since January. This surge in institutional accumulation has pushed exchange reserves to new lows, reinforcing Bitcoin’s structural scarcity narrative. High-profile corporate treasuries, led by Strategy Inc.’s 7,390 BTC purchase, and inflows into spot Bitcoin ETFs from BlackRock and Fidelity have widened the pipeline for traditional investors. ETF assets under management now exceed $50 billion, with BlackRock’s iShares Bitcoin Trust alone holding over $80 billion. These regulated vehicles enable pensions and insurers to gain Bitcoin exposure without custody hurdles. Measured at 2.2% of global M2, Bitcoin is shifting from a speculative asset to a recognized liquidity component. Institutional adoption and sustained inflows suggest further price support. While volatility remains, long-term market stability is bolstered by this trend.

Mining firm BitMine Ethereum has accumulated a stash of 1.9 million ETH, now valued at nearly $8 billion after ETH price surged to a new all-time high above $4,200. BitMine Ethereum’s decision to hold mined coins in its treasury reflects growing miner confidence and contributes to tightening market supply. This miner hoarding trend could reduce available ETH, potentially driving further price gains and fueling bullish momentum in the crypto market.

Blockchain analytics firms Lookonchain and Arkham have traced a wallet linked to an alleged Coinbase hacker that converted $8M in stablecoins into 38,126 SOL. The address first swapped DAI for USDC, bridged funds to the Solana network, and bought SOL at an average price of about $209 each. Solana’s price then dropped to around $202.15, inflicting paper losses on the hacker’s holdings. This wallet has been active for months. In May, it sold 26,762 ETH for roughly $69M. In July, it made two separate purchases of 4,863 ETH and 649 ETH. Analysts estimate these funds may be part of more than $300M stolen from Coinbase users. The activity highlights ongoing risks of crypto theft and the challenges of laundering stolen funds. Traders should monitor Solana’s price action as large holdings from illicit sources could add volatility to the market.

Bitcoin price has fallen below its 21-day and 50-day simple moving averages after breaking the 61.8% Fibonacci retracement support. This bearish trend suggests further declines toward the 1.618 Fibonacci extension at $105,388. Buyers may defend the $105,000 demand zone, but a break below could push Bitcoin price to the $100,000 psychological level. On the 4-hour chart, Bitcoin peaked at $124,517 before retreating, finding brief support at $112,000 and rejecting recovery at $117,000. Technical indicators show price bars trading below downward-sloping moving averages, confirming a negative outlook. Key supply zones lie at $120,000, $125,000, and $130,000, while demand zones are at $100,000, $95,000, and $90,000. Traders should prepare for continued volatility as Bitcoin remains in a sustained downtrend.

Bitcoin failed to secure a close above the $125,000 all-time high and retraced sharply to challenge critical support around $110,000–$112,000. Meanwhile, CEX netflow remains green, indicating ongoing buyer inflows despite heavy selling. Analyst Axel Adler warns that large sellers on centralized exchanges lack TWAP execution strategies, which could amplify volatility and pressure short-term price action. Institutional and whale interest is rotating into Ethereum, driving ETH accumulation and leverage activity as Bitcoin consolidates. Technically, BTC is trading near its 100-day moving average (~$111,600), with the 50-day MA at $116,544 now acting as resistance. A confirmed close below $110,000 could target the 200-day MA near $100,866, whereas a reclaim of $115,000–$116,000 is needed to renew bullish momentum.

In response to Matt Garman’s statement that AI could replace junior developers, experts argue this is misguided. Eliminating junior developers jeopardizes the tech sector pipeline and future senior talent. Junior developers today need expanded skills, including debugging, software design, and high-level problem solving. They must also master AI-driven development tools and effective AI-driven development practices through frameworks like Sens-AI. Historical trends show that lowering barriers to programming leads to more, not fewer, developers. Companies should invest in structured developer training and on-the-job learning to ensure a steady flow of talent across all proficiency levels. This strategy supports innovation and long-term growth in the tech sector.