Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum recently surged to nearly $4,950 before a pullback to test key support at $4,400. On August 22, the Binance leverage ratio on ETH derivatives hit a record 0.53, pushing open interest to $12.6 billion. Such high Binance leverage ratio often precedes forced liquidations and spikes in market volatility. After a rally above $4,800, ETH slid to its 50-day moving average at $4,400. A sustained hold above this level could enable a move toward $5,000, while a break may trigger deeper drops to $4,350 and $4,090. Large traders have been accumulating ETH in spot and futures markets since July, and US spot Ethereum ETFs recorded 16,900 ETH inflows yesterday following last week’s 105,000 ETH outflows. Traders should track Binance leverage ratio, open interest and key moving averages to anticipate potential deleveraging events and volatility swings.

BlackRock, the world’s largest asset manager, purchased an additional $300 million of Ethereum (ETH), raising its total holdings above $7 billion, or roughly 2 million ETH. This follows a recent spree in which BlackRock acquired over $500 million in ETH, outpacing its Bitcoin inflows. The firm is also seeking permission for ETH staking in its iShares Ethereum ETF to generate yield. Institutional demand for Ethereum is growing, with Fidelity and Grayscale also increasing ETH exposure. The news sparked a 1.75% uptick in ETH price, which currently trades around $4,520 after rebounding from $4,320. Analysts say continued ETF approvals and inflows could fuel further short- and medium-term rallies.

Tandem, a business unit of Offchain Labs, and zero-knowledge specialist Succinct have partnered to develop a custom Arbitrum zkVM. This layer-2 scaling solution uses zero-knowledge proofs to verify transactions off-chain with greater speed, security and lower gas fees. The collaboration divides responsibilities: Tandem will handle ecosystem integration and funding, while Succinct leads the cryptographic engineering of the zkVM. The Arbitrum zkVM promises enhanced throughput, robust security guarantees and faster transaction finality. By optimizing proof verification, it can significantly reduce gas costs and network congestion for decentralized applications. Traders may see a boost in liquidity and user adoption as transaction costs drop and performance improves. This strategic move cements Arbitrum’s position in layer-2 scaling and signals further investment in zero-knowledge technology.

Ethereum price faced rejection at the Supertrend resistance near $4,834, resulting in an 8.2% pullback to about $4,435. Bulls are defending the critical $4,200 support level to maintain the higher‐timeframe bullish structure. Holding $4,200 could set the stage for a reclaim of $4,800 and a subsequent test of $5,000. Key resistance now sits at $4,800–$4,834, while lower support ranges from $3,800 to $3,600 if sellers break below $4,200. On‐Balance Volume (OBV) remains intact, signaling that buying interest persists despite recent selling pressure. Traders should monitor price action and volume at the $4,200 zone, watch for a clear reclaim of $4,800 on rising volume to confirm renewed bullish momentum, or prepare risk management measures if the $4,200 support fails.

Ethereum price has been climbing above its moving averages but has twice failed to breach the key $4,800 resistance. Technical indicators, including a recent test of the 78.6% Fibonacci retracement on August 19, suggest the uptrend could extend toward the 1.272 Fibonacci extension at $5,429.63 if buyers overcome this barrier. On the 4-hour chart, Ethereum is consolidating between $4,000 support and the $4,900 high, with moving average lines sloping upwards. A break below $4,000 could trigger renewed selling pressure, while a successful surge above $4,800 may reignite the rally toward $5,000. Additionally, a prominent Bitcoin investor recently reallocated funds from BTC to ETH, underscoring growing confidence in Ethereum. Traders should monitor the $4,800–$5,000 range and key support at $4,000 for potential entry or exit signals.

YZa Labs, a fund led by Binance founders Changpeng Zhao and Yi He, has invested in USD.AI, a new DeFi protocol issuing a yield-bearing stablecoin backed by AI hardware loans. The stablecoin lets AI hardware operators pledge GPUs as collateral to access financing. USD.AI mints tokens fully backed 1:1 by the value of GPU-collateralized loans, with yields derived from lending activities. The protocol has achieved $62 million in total value locked (TVL) and secured lending partners including K3 Capital, Concrete, Euler and Pendle. Co-founder David Choi says the stablecoin delivers scalable dollar liquidity for builders outside traditional finance, while YZi Labs Investment Partner Dana Hou highlights its role in bridging Web3 with real-world demand.

XRP price plunged below the key $3 support level, entering bear market territory after a 20% drop from its yearly high. At the same time, CME’s XRP futures open interest surged to a record 7,197 contracts, signaling strong demand from US institutional investors. Since launching in August, leveraged XRP ETFs XXRP and UXRP have attracted over $500 million in combined assets. Meanwhile, Ripple USD (RLUSD) stablecoin assets rose from zero to $687 million, and Gemini unveiled an XRP rewards credit card. On the technical front, XRP price is forming a falling wedge and cup-and-handle pattern above its 100-day EMA, suggesting a potential rebound to $3.66 in the short term and $5.20 in the medium term. Traders should watch these catalysts for a buying opportunity on the dip.

XRP price is trading around $2.9 after a 6% daily gain, driven by increased volumes and regulatory clarity following the SEC case developments. The token has reclaimed the $3 support zone and is testing resistance at $3.25–$3.60. A rally to $28 would require XRP’s market cap to reach about $1.6 trillion, demanding global ETF approvals, massive institutional inflows, and widespread real-world adoption. Historical parabolic cycles, similar to past BTC and ETH blowoffs, could fuel speculative waves, but these are often brief without sustained on-chain usage. Regulatory certainty has lowered barriers for U.S. institutions, sparking ETF filings and custody discussions. Ripple’s growing partnerships and potential M&A in cross-chain and payments infrastructure could further drive adoption. In the near term, traders should watch for a confirmed break and hold above $3.60. While $28 remains theoretically possible over multiple years, the realistic short-term focus is on key resistance levels and catalysts such as ETF approvals and major enterprise integrations.

A surge in Solana price to $1,000 would mark a major altcoin milestone, intensify market volatility, and attract fresh capital. Traders would face high-growth, high-risk conditions, as derivative volumes and leverage positions expand. Key risks include sudden corrections and network congestion costs. Meanwhile, the Remittix presale offers an early-entry opportunity with potential yield advantages. Its on-chain rewards, cross-border payment focus, and tiered bonus structure position Remittix as an attractive market entrant for August. Audited smart contracts and a capped token supply may mitigate long-term inflation risks. As Solana price dynamics drive sector-wide sentiment, Remittix’s presale could emerge as a timely diversification tool for crypto portfolios. Traders should balance aggressive growth strategies with disciplined risk management amid evolving altcoin cycles.

Shiba Inu (SHIB) and Cardano (ADA) prices dipped on increased trading activity, with SHIB down 3.66% to $0.00001239 and ADA off 3.9% at $0.8699 while volumes surged 108% to $347 M and 180% to $3 B. The Remittix presale raised over $21.4 M at $0.0987 per RTX token, selling 620 M tokens and securing its first CEX listing on BitMart. A Q3 2025 beta wallet will enable crypto-to-fiat transfers in 30+ countries with real-time FX conversion. Remittix presale momentum, real-world payments focus, and a $250 K giveaway underscore its DeFi utility. Traders should watch SHIB and ADA for short-term volatility and track Remittix’s developments for potential long-term growth in DeFi.

Binance has issued an alert about a rising API scam in which fraudsters place fake support calls to trick users into changing their API settings. Victims unknowingly hand over access keys, allowing attackers to drain funds directly. This social engineering scheme combines SMS phishing, spoofed phone numbers and malicious QR codes. In February, Binance also warned of increased SMS phishing attacks and rolled out new verification tools. Recent high-profile losses include 783 BTC (about $91 million) stolen and an Aave (AAVE) exploit via malicious Google Ads. Binance emphasizes it will never ask for passwords or credentials by phone. Traders are advised to rely solely on official channels, enable two-factor authentication, passkeys and enhanced API security, and report any suspicious calls immediately.

China’s DeepSeek AI model projects strong upside for three major altcoins by the end of 2025. In its DeepSeek AI price prediction report, XRP is expected to rally from around $2.90 to $10, driven by its SEC victory, increasing network adoption and a likely ETF launch. The Chainlink forecast calls for a conservative target of $40, supported by institutional ETF filings and technicals pointing to a breakout above current resistance near $24. Shiba Inu price outlook also turns bullish, with SHIB poised to break out of its 0.00001–0.00012 accumulation range and test 0.00013 resistance, following seasonal memecoin patterns and volume spikes tied to Ethereum moves. Overall, DeepSeek AI price prediction underlines a crypto market poised for a bull run, with evolving regulations, ETF inflows and rising trading volume as key catalysts. Traders should watch for technical signals—RSI shifts, MACD crossovers and volume surges—to time entries ahead of the predicted 2025 targets.

Ethereum (ETH) has ended its eight-year downtrend against Bitcoin (BTC), marking a significant technical breakout that could herald the next crypto supercycle. Two major catalysts underpin the move: mounting institutional investments via Ethereum ETFs and the ongoing deflationary impact of the EIP-1559 burn mechanism. ETH recently tested a reversal pattern against BTC dating back to 2016, confirmed by a “golden cross” signal highlighted by crypto analyst Merlijn The Trader. At press time, ETH trades near $4,550, following a fresh all-time high of $4,950. Analyst CryptoBoss forecasts a resistance break, successful retest and consolidation that could propel ETH toward $10,000, driving its market capitalization past $1 trillion. A rally of this scale may not only reinforce Ethereum’s leadership but also stimulate altcoin performance, mirroring the 2017 and 2021 bull runs. Primary keywords: Ethereum, ETH. Secondary keywords: Bitcoin, BTC, downtrend, ETF, deflationary mechanism, supercycle.

New York–based Mitti Labs uses AI technology to revolutionize rice farming by accurately monitoring methane emissions from flooded paddies. The startup employs satellite imagery and radar data for precise MRV (measurement, reporting, verification), transforming raw data into actionable insights. By training farmers in regenerative and no-burn agriculture practices, Mitti Labs cuts methane emissions and enables the generation of carbon credits. In partnership with The Nature Conservancy in India, the model ensures transparent verification and on-the-ground support. Farmers receive roughly 85% of carbon credit revenues, improving their income by about 15%. With 90% of global rice farming conducted by smallholders in Asia, Mitti’s scalable AI-driven SaaS platform promises cost-effective verification and broader reach. This AI technology also targets Scope 3 emissions, offering corporate clients a turnkey solution to expand agriculture-based carbon credits. This model both combats climate change and boosts farmers’ livelihoods.

Blockchain data reveals that the Ethereum treasury of SharpLink has just added $252 million in ETH to its holdings, acquiring roughly 75,000 ETH in a single transaction. This fresh Ethereum treasury move signals growing confidence in ETH’s long-term value and reduces circulating supply. For crypto traders, large-scale treasury acquisitions often trigger bullish momentum and can support upward price pressure. Monitoring such on-chain treasury activities is critical for anticipating market shifts.

Bitcoin (BTC) price dipped below $112K, weakening market sentiment for altcoins. Yet three altcoins—Enjin Coin (ENJ), Fetch.ai (FET) and SushiSwap (SUSHI)—are seeing net outflows from Binance, signaling accumulation. ENJ is defending support in the $0.06–$0.065 range and consolidating for a possible breakout based on on-chain flows and infrastructure fundamentals. FET faces short-term risks but retains a bullish Elliott Wave structure with key levels at $1.00 and $2.20, and a long-term target of $6.20. SUSHI is retesting its 50-day moving average as a pivot for a potential rebound toward the 200-day MA. Traders should watch these altcoins for entry points amid ongoing market volatility.

Shiba Inu has launched LEASH V2, a fully audited token with a fixed supply of 107,000 tokens, replacing the original contract that unexpectedly inflated supply via a hidden rebase function. The LEASH V2 launch uses a burn-to-claim model based on the last trusted snapshot, ensuring no new minting or rebasing. The team is working with external auditors, exchanges, and will conduct testnets and bug bounties to support a smooth migration. LEASH V2 aims to restore community confidence and secure token scarcity, while SHIB and BONE remain unaffected. LEASH currently trades at $52.40, down 8% in the past 24 hours.

Ethereum’s DeFi sector is under pressure despite ETH price surging to record highs. In August 2025, ETH hit $4,700 and daily active addresses rose to 9.1 million. However, DeFi adoption lags behind the ETH price rally. Regulatory hurdles, high transaction fees and complex user flows are limiting growth. About $312.6 billion is locked in smart contracts, split across Ethereum and rival chains like SOL, BNB and ARB. Leading platforms such as Aave saw deposits climb 40% to $70 billion, but overall sector sentiment remains cautious. Centralized exchanges and CeFi lending platforms are attracting capital away. Ethereum DeFi may get a boost from planned Layer 2 scaling solutions, which promise lower fees and faster transactions. Future expansion depends on regulatory clarity, improved liquidity and streamlined user experience. Traders should watch for shifts in on-chain activity, regulatory developments and Layer 2 adoption as key drivers of Ethereum DeFi’s next growth phase.

Hut 8 expansion aims to more than double its bitcoin mining power capacity to over 2.5GW. The firm will build four new U.S. sites adding 1.5GW under the plan. The announcement sent Hut 8’s stock up 10% to a seven-month high as bitcoin prices languished below $110,000. The surge reflects strong AI demand for data center computing power. To fund the Hut 8 expansion, the company plans to secure up to $2.4 billion in liquidity. That includes borrowing against 10,000 BTC, a $200 million revolving credit line, a $130 million facility from Coinbase, and a $1 billion at-the-market equity offering. Investment bank Roth Capital said the move could materially re-rate the stock as new sites come online and secure AI and high-performance computing contracts.

On August 26, 2025, the Zcash Foundation launched the Shielded Aid Initiative, a program to deliver privacy-preserving humanitarian aid using zero-knowledge proofs. The initiative addresses privacy risks in transparent blockchain deployments by NGOs, where immutable transaction records on networks like Bitcoin and Ethereum can expose aid recipients to re-identification, intimidation, and exploitation. The Shielded Aid Initiative rests on three pillars: Privacy as Protection, ensuring vulnerable populations are shielded from surveillance and coercion; Privacy as Compliance, embedding data responsibility and international norms; and Privacy as Sustainability, enabling scalable, censorship-resistant on-chain transactions. The Zcash Foundation will offer expert consultation, privacy risk assessments, and technical support to help NGOs integrate Zcash’s privacy technology into blockchain pilots. By engaging senior humanitarian leaders, the Zcash Foundation aims to make privacy-preserving humanitarian aid the standard, not the exception. Leveraging Zcash’s zero-knowledge proof protocol, the initiative allows programs to meet compliance requirements without collecting personal data. This move represents a significant step in responsible blockchain adoption for aid delivery and sets a new industry benchmark for safeguarding beneficiary dignity and safety.

Wirex Token (WXT) is the native utility token of the Wirex platform, designed to bridge traditional financial services and cryptocurrency markets. As a loyalty and utility token, WXT grants holders discounts, bonuses, and fee reductions across Wirex’s suite of services, including cryptocurrency exchanges, payment card transactions, and money transfers. A standout feature, Cryptoback, rewards users with WXT cashback on purchases made with the Wirex payment card. Depending on their WXT holdings, users may unlock enhanced benefits within the platform. By integrating WXT into its ecosystem, Wirex aims to drive user engagement, foster token adoption, and streamline payments between fiat and digital assets.

Tom Lee predictions have long driven crypto market sentiment. As Fundstrat’s chief investment officer, Lee was among the first to forecast major Bitcoin price targets. In 2017 he set a Bitcoin price forecast of $20,000 by 2022 and a bull case of $55,000. Bitcoin later surpassed $55,000 in early 2021 and peaked above $69,000. Lee’s track record includes a $125,000 Bitcoin price forecast by 2022 and a projection of $100,000–$150,000 by 2025. His most recent Bitcoin price forecast calls for $200,000–$250,000 in 2025 and a longer-term target of over $1 million. For Ethereum, Lee’s first publicly reported Ethereum price target sets a range of $15,000–$16,000 by year-end. These bullish crypto predictions, though often early, underscore Lee’s confidence in digital assets. Traders should note that Lee’s forecasts can influence market momentum and risk appetite. His early but consistent calls may signal opportunities for long-term positioning in BTC and ETH.

US Air Force and Navy recently conducted joint exercises using Raft AI’s Starsage system as an AI wingman to provide real-time in-flight guidance for F-16, F/A-18 and F-35 jets. Starsage acts as a dedicated AI wingman, handling mission planning, weapons management and communications faster than traditional ground-based air battle managers. During trials, Starsage personalized mission directives, cross-checked aircraft readiness against radar data, and sent digital updates to commanders, reducing radio traffic. Raft AI CEO Shubhi Mishra highlighted that the AI wingman delivers tailored support in seconds, enhancing decision-making speed and accuracy. This test marks a key step in integrating AI wingman capabilities into combat aviation, potentially reshaping air operations and awareness.

A dormant Ethereum whale reactivated during the recent correction, withdrawing 6,334 ETH from Kraken to capitalize on the drop from $5,000 to $4,315. This Ethereum whale accumulation reduced open-market supply as on-chain outflows hit a nine-year low, reinforcing bullish sentiment. Another Ethereum whale moved 20,000 ETH from Bitstamp to self-custody, while mining firm BitMine added $252 million in ETH—raising its holdings to 797,704 ETH. A single investor staked $2.55 billion via Hyperliquid, and spot Ethereum ETF inflows topped $1 billion since August 21. On-chain data shows a V-shaped recovery from summer lows near $3,350, breaching $4,000 resistance. Technical forecasts target $7,500 by year-end, with upside scenarios to $10,000–$20,000. Traders should monitor whale transactions and ETF flows as key market momentum indicators.

Dogecoin price fell 2.5% on August 26, erasing late-week gains triggered by Fed Chair Jerome Powell’s dovish remarks. The Dogecoin price plunged to $0.2178, down 15% from its monthly high and near its lowest level since August 22. The broader crypto market, led by Bitcoin and most altcoins, retreated as traders await key US data: Friday’s Personal Consumption Expenditure report and next week’s nonfarm payrolls. On the weekly chart, Dogecoin has formed a bearish pennant and remains below its 50-week and 100-week EMAs, signaling a likely bearish breakout toward the $0.1360 support. Some analysts, including Ali Martinez, foresee one final dip before a 30% rebound. A potential catalyst later this year is the SEC’s approval of cryptocurrency ETFs. Traders should monitor technical levels and upcoming Fed-related data for short-term volatility and gauge long-term bullish potential.

Kanye West’s Instagram account suffered a targeted hack to push a fraudulent YZY memecoin. The incident, known as the Kanye West Instagram hack, saw the rapper’s profile follow a counterfeit “YZY Money” account. The fake token briefly surged to a fully diluted valuation of over $7 million before crashing to $82,000. Meanwhile, the official YZY token, launched last week as part of the YZY Money payment system, spiked above $400 million in market cap and has since tumbled below $75 million. This crypto scam highlights the risks of social-media exploits on celebrity tokens and signals heightened volatility for memecoin traders.

Ethereum’s 30% rally over the past month, driven by $1.019 billion in weekly spot ETF inflows and the Dencun upgrade, lifts altcoins with it. In this bull cycle, three ETH-based tokens stand out for potential 50x gains: 1. LILPEPE: A meme-fueled Layer-2 utility in stage-11 presale at $0.002. It boasts zero fees, sniper protection, a meme launchpad, and a Certik audit, raising $21.6 million across presales. 2. AAVE: A DeFi blue chip with v3 interoperability and $50 billion in deposits. Historically 10x in a single run, models forecast 60–150% by end-2025, but perfect alt-season conditions could drive 30–50x returns. 3. PEPE: A pure meme coin with no presale, a $5 billion peak market cap, and 500% YTD gains. High volatility and community hype position it for outsized moves if the meme wave intensifies. These ETH-based tokens blend robust infrastructure, proven demand, and viral momentum. Traders seeking maximum upside should weigh risk profiles and monitor altcoin season dynamics.

Grayscale Investments filed an S-1 registration with the U.S. SEC on August 22, 2025, to convert its Avalanche Trust into a spot AVAX ETF trading on Nasdaq under the ticker AVAX. The proposal, marking the second stage of approval, would rename the fund the Grayscale AVAX Trust ETF. The AVAX ETF will use a basket-based creation/redemption system of 10,000 shares per basket. Authorized participants can transact in cash, while a designated liquidity provider handles AVAX token trading. Coinbase Custody will secure holdings and BNY Mellon will manage fund administration. Pending regulatory sign-off, up to 85% of AVAX assets may be staked to generate yield. VanEck has also filed for an Avalanche ETF, with its application acknowledged by the SEC in April 2025 and a decision expected following a July delay. AVAX traded at $24.3, down over 35% year-to-date, compared with roughly 70% gains for Bitcoin and Ethereum. Launching an AVAX ETF could broaden retail and institutional access to AVAX, test U.S. regulators’ stance on altcoin ETFs, and influence AVAX liquidity and staking dynamics.

Rumors emerged after a leaked non-disclosure agreement (NDA) suggests that Ripple is collaborating with major institutions on XRPL-based digital identity and healthcare systems. The document, reportedly tied to a deal with UBS, mentions “Biometric Identity Mapping,” indicating integration of personal identification with global financial networks. This aligns with BlackRock’s recent XDNA ETF launch directly on the XRP Ledger and Trump’s Digital Health Tech initiatives aimed at cutting healthcare costs. JPMorgan’s digital identity projects further mirror the objectives outlined in the leak. Meanwhile, Ripple’s DNA Protocol is said to connect healthcare, identity, and payment systems on-chain. The firm’s targeted expansion in Africa—through partnerships with Chipper Cash, Onafriq, and XRP Lab deployments—underscores a strategic push for global adoption. Photos of Ripple CEO Brad Garlinghouse meeting with IMF and SWIFT leaders, including Christine Lagarde, fuel speculation that Ripple may serve as a central rail for combining identity, health, and financial services. If verified, the partnership could accelerate XRPL adoption and impact XRP’s market value. Traders should watch XRP price movements as institutional engagement could drive demand, but details remain unconfirmed until official comments appear.