Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Chainlink surged 6% in 24 hours after reclaiming a $9.49 high-timeframe support, sparking a bullish uptrend. Price action now resides above the value area high and confronts critical resistance at $24.88. A daily close above this level could trigger a further rally toward the $33.75 target, aligning with a previous swing high. Bullish volume inflows and a strong market structure underpin Chainlink’s upside potential. If support holds above the point of control, traders may see sustained momentum; failure could prompt a retest of the POC or $9.49 support. Overall, Chainlink’s technical setup remains bullish, positioning it for significant gains if resistance levels are decisively broken.

Chinese authorities have recommended state-owned and affiliated firms avoid Nvidia H20 chips over alleged security backdoors. The guidance, issued via letters, stops short of a ban but pressures companies to limit use of these US-approved AI chips. Although still in demand across Asia, the H20 is deemed outdated and poses security concerns after Beijing accused Nvidia of implanting remote tracking capabilities. US export rules also levy up to 15% of Chinese sales revenue as fees for licenses on Nvidia H20 chips and AMD counterparts. In response, China is promoting domestic semiconductor alternatives. Experts caution that local chips are improving but lack the versatility of foreign models. Some firms have already scaled back H20 purchases, indicating a shifting market amid geopolitical tech tensions.

An FTX data leak has exposed the names and email addresses of creditors just weeks before a planned $1.9 billion payout. The breach, discovered after a court ordered a reduction in the disputed claims reserve from $6.5 billion to $4.3 billion, follows earlier distributions of $1.2 billion and $5 billion in 2025. Activist Sunil Kavuri warns that phishing scams are exploiting the FTX data leak. Fraudulent emails claim to confirm identity verifications and direct recipients to malicious links. Creditors in excluded jurisdictions, including China, remain barred until approvals are finalized. Traders and claimants should avoid phishing risks. They must access only official portals—claims.ftx.com, kraken.com, bitgo.com and digitalmarketsclaim.pwc.com—and verify sender addresses. The incident underscores the importance of email security and data protection in crypto trading.

Crypto analysts on X warn traders not to sell XRP too early, drawing parallels with Bitcoin’s rallies in 2017 and 2021. An Invest In Assets post and commentator Jake Claver stress the risk of missing out when profit-taking triggers premature exits. Vincent Van Code argues that XRP’s speed, scalability and cross-border liquidity make it a more practical digital currency than Bitcoin. Investor Johnny Crypto recalls selling Amazon stock too soon and warns of potential bank attempts to seize retail crypto holdings. XRP recently broke its 2018 peak at $3.40 to reach $3.65 before settling around $3.24. Technical analyses predict a move to double-digit prices by late 2025. Traders are advised to exercise patience and avoid the psychological trap of early profit-taking, positioning for a possible major rally in XRP.

BlockDAG, Arbitrum, Stellar and Mantle rank as top cryptos to buy now based on strong fundamentals and growth forecasts. BlockDAG (BDAG) has secured $373 million in pre-launch funding and sold 25 billion tokens at $0.0276, backed by 2.5 million X1 mobile miners and 19 000 ASIC devices. Arbitrum (ARB) leads Ethereum Layer-2 with a $0.40 price tag, expanding TVL and ecosystem support, with analysts forecasting $2–$3 levels for 5–7x gains. Stellar (XLM) trades at $0.41 with a $12.97 billion market cap, powering cross-border payments, and could rebound to $1.50–$2.00 for 4–5x upside. Mantle (MNT), a BitDAO-backed modular rollup, sits at $0.87 and $2.9 billion cap, offering scalability and potential 5–10x returns. These projects illustrate a maturing market where adoption metrics and performance outweigh speculation. Traders seeking structured growth should add these top cryptos to buy now for diversified exposure, short-term catalysts, and long-term upside.

Identifying the best crypto for beginners means balancing strong fundamentals with engaging market psychology. BlockDAG leads presale growth through its Buyer Battles feature, which uses leaderboards and countdowns to drive FOMO and real-time engagement. With $373 million raised, over 25 billion tokens sold, and a 2,660% ROI since batch 1, BlockDAG demonstrates both adoption and excitement ahead of its mainnet launch. Dogecoin (DOGE) combines low fees and quick transactions with a resilient community. As a top choice among the best crypto for beginners, DOGE is practical for micro-payments, tipping, and charity. Its ongoing social support and celebrity endorsements help maintain market stability. XRP remains a staple for cross-border payments. Partnerships with financial institutions ensure fast, low-cost global transactions and real-world utility even during market pullbacks. This stability makes XRP a solid pick for new crypto traders seeking less hype-driven volatility. Polkadot (DOT) addresses blockchain fragmentation by enabling interoperability. Its parachain auctions have attracted a diverse developer base, strengthening DOT’s role as critical infrastructure. For crypto trading beginners, DOT offers long-term growth potential through scalable cross-chain connectivity. These four assets highlight key drivers in modern crypto trading: presale strategies, community resilience, payment utility, and blockchain interoperability. Understanding both technical strengths and behavioral triggers can position traders to capitalize on the next market cycle.

Grayscale has registered two new Delaware statutory trusts—the Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF—on August 12, marking its first steps toward spot altcoin ETF applications for ADA and HBAR. The filings follow SEC acknowledgments of 19b-4 proposals by NYSE Arca and Nasdaq and build on regulatory clarity from in-kind redemptions for BTC and ETH ETFs under Project Crypto. Formal S-1 submissions and SEC reviews could lead to spot altcoin ETF approvals in early 2026, boosting institutional demand, liquidity, and brokerage access for ADA and HBAR. Traders should monitor SEC updates, S-1 filings, and fund launches for Cardano ETF and Hedera ETF news, preparing for increased volatility and potential long-term price uptrends.

Top Crypto 2025 picks are emerging as investors hunt for high-growth altcoins with strong fundamentals. BlockDAG leads presale momentum, raising $373 million at $0.0276 per token and targeting a $1 listing. Its hybrid DAG+PoW design delivers fast, scalable transactions, backed by 2.5 million app miners and EVM compatibility for seamless Ethereum migration. Avalanche (AVAX) remains a blockchain scalability leader. Trading near $24.30 with a $10 billion+ market cap and $600 million daily volume, AVAX supports instant finality and custom subnet creation for Web3 applications. This performance cements its place among the top crypto 2025 picks for long-term growth. Ripple (XRP) has achieved regulatory clarity after settling with the SEC for $125 million. Freed from legal uncertainty, Ripple acquired Rail’s stablecoin payments platform for $200 million, paving the way for renewed institutional adoption. Bittensor (TAO) taps the AI-blockchain trend with decentralized machine learning. Trading around $382, TAO offers exposure to AI innovation and decentralized intelligence networks. These four projects combine presale momentum, scalability, regulatory clarity, AI-blockchain integration, and institutional adoption to form a compelling top crypto 2025 watchlist.

Investors seeking the best crypto investment for 2025 must weigh technical plays and utility-driven tokens. XRP shows support near $3 with rising MACD and RSI. A break above $3.30 could push XRP toward $3.60 and even $5, driven by volume inflows and bullish momentum. Chainlink’s bullish outlook hinges on clearing $21.60 resistance. Whale accumulation and declining supply set the stage for a potential rally to $98, implying over 200% upside. Cold Wallet adopts a reward-first model that offers cashback in CWT on every transaction. Its Stage 17 presale at $0.00998 (698.4M CWT sold, $5.9M raised) projects a 50× ROI. For the best crypto investment for 2025, traders should balance speculative breakouts with sustainable, usage-based rewards.

Solana’s TVL measured in SOL tokens has reached 58.8 million, marking its highest level since 2022. This surge indicates increased DeFi adoption on the network, as users commit more SOL to lending, staking and liquidity pools. In US dollar terms, Solana’s TVL stands at $11.03 billion, slightly below its January peak due to price volatility. Technically, SOL reclaimed the $200 level for the first time since late July, closing at $201.81 after a 5.2% rally. The token has broken above its 50-, 100- and 200-day SMAs, showing a bullish market structure with higher highs and higher lows. Analysts highlight the $210 resistance as the next key level. A successful breakout there could fuel further upside toward $240–$250. On-chain and technical indicators align to suggest robust network adoption and DeFi growth. Increased TVL in SOL terms underscores stronger user engagement, while price momentum above $200 points to renewed bullish sentiment. Traders will watch for confirmation above $210 to validate a sustained SOL price breakout.

Whale Alert flagged a major BTC transfer from Kraken on August 13, initially reported at 5,400 BTC but later updated to 3,000 BTC (~$365M), moved to an unknown wallet. This off-exchange BTC transfer trims Kraken’s available supply, reducing potential sell pressure. Traders note that moves into cold storage, OTC deals or institutional rebalancing often signal accumulation. Declining exchange reserves typically precede bullish momentum. Monitor on-chain outflows and exchange balance changes to gauge future whale activity and market sentiment shifts.

Veteran analyst Patrick L Riley has issued a bold XRP price prediction, forecasting a surge to $22 during the current bull market cycle. Riley’s chart suggests a 7x gain from present levels, driven by strong regulatory tailwinds and XRP’s growing role in cross-border payments. He argues that investors not bullish on XRP are “not serious” about crypto. XRP has already delivered 58.1% year-to-date gains and saw an 8% increase in trading volume over the last 24 hours, exceeding $9 billion. Riley highlights historical patterns: in November 2024, XRP jumped from $0.65 to $3.40 after winning its SEC lawsuit. Today, the $3 psychological level has turned into support, potentially launching another rally toward his $22 target. Key catalysts include improved legal clarity, XRP’s expanding use case in financial transfers, and renewed investor confidence. While the XRP price prediction may seem optimistic, Riley believes structural factors could drive the token to unprecedented highs. Traders should watch support at $3 and monitor volume trends for early signals of the next leg up.

Galaxy Digital CEO Mike Novogratz says XRP and Cardano owe their resilience to a strong crypto community and targeted marketing. He noted that XRP’s brand awareness stems from ICO revenue and periodic token sales. Cardano thrives on an active user base and project leadership. Novogratz praised Ripple CEO Brad Garlinghouse and lawyer John Deaton for uniting the XRP community during the SEC litigation. He compared crypto fanbases to those of Tesla and Palantir. He emphasized that a dedicated crypto community can add investment value and drive long-term market resilience. Novogratz urged Bitcoin advocates to maintain its established digital gold narrative and let projects like Ethereum and Celestia craft unique messages.

On August 7, the White House issued an executive order directing the Labor Department to accelerate access to alternative investments, including digital assets, in employer-sponsored defined contribution (DC) retirement plans. This directive could unlock a $12 trillion pool for crypto managers, boosting crypto adoption. However, the Pension Protection Act’s Qualified Default Investment Alternative (QDIA) rules mean most employees auto-enroll in default target-date funds, with 84% of participants using these and 64% of contributions flowing into them. Only 1% of pure target-date investors traded in 2024. Such defaults reinforce inertia and may stall broader crypto adoption, as employers, plan managers and recordkeepers favor the status quo. Without integrating digital assets into default 401k options, most participants will lack exposure to crypto within their retirement portfolios.

Tokenized equities promise real-time settlement and broader market access, but existing models—synthetic wrappers and on-chain issuance—lack legal clarity and investor safeguards. Depository receipts (DRs), specifically American Depository Receipts (ADRs), offer a proven structure to bridge traditional securities with blockchain rails. By entrusting a regulated custodian bank to hold underlying shares and using an independent depositary for issuance, tokenized equities can preserve shareholder rights, including dividends and voting, while ensuring full fungibility and seamless conversion. ADRs carry clear regulatory precedent under U.S. law and support fractionalized shares, enabling retail and institutional participation in tokenized markets without sacrificing operational standards. This approach scales via both issuers and secondary market actors, overcoming liquidity fragmentation and murky compliance. Adopting an ADR-based model could accelerate adoption of tokenized equities, combining the programmability of blockchain with the structure and protections of traditional finance.

NEAR Protocol surged 5.8% from $2.75 to $2.91 between August 12 and 13, driven by over $7.6 million in institutional inflows. The cryptocurrency broke multiple resistance levels and established firm support at $2.76, with volume peaks more than double the 24-hour average. In the final hour, NEAR Protocol faced a brief pullback, touching $2.94 resistance before consolidating around $2.90 on lower volume. Broader market trends favored Layer-1 assets, as global crypto investment products saw $572 million in inflows. Weekly active users on NEAR Protocol jumped 18.4% to 16 million, surpassing Solana’s 14.8 million, backed by partnerships with Aurora Labs and growing developer engagement. These factors underscore sustained bullish momentum and set the stage for a potential test of the $3.00 psychological level.

Ascend is a nine-week accelerator launching to scale institutional on-chain finance by supporting early-stage tokenized RWA startups. Operated by Odisea and backed by Plume, Galaxy Ventures, OKX Ventures, and Anchorage Digital, the program will select six to eight teams with live products, offering expert mentorship on tokenomics, compliance, product architecture, go-to-market strategy, and community growth, plus access to a $500,000 discretionary funding pool. The tokenized RWA market has surged from $15.2 billion at the end of 2024 to $24 billion by June 2025 and reached $25.5 billion by July, driven by BlackRock’s BUIDL and Franklin Templeton’s BENJI tokenized U.S. Treasuries. With over 200 active tokenization projects and 40 major institutions on board, Ascend aims to strengthen the infrastructure and regulatory foundations needed for sustainable growth. Applications run from Aug. 4–18, with the program taking place Sept. 1–Oct. 30 and culminating in a demo day for institutional investors.

SKALE token (SKL) jumped 32% to a high of $0.032 after news of its integration with transmedia franchise It Remains. The gas-free, EVM-compatible blockchain saw daily volume spike 2,700% to $279 million, and its market cap reached $170 million. SKALE is up 76% from its all-time low of $0.00159 and trades well below its $1.22 peak in March 2021. This integration enables gasless AR/VR experiences and NFT-based governance via custom SKALE chains. It Remains will use SKALE’s high-speed transactions to bridge storytelling and participatory entertainment. Despite smaller gains than OKB’s 150% rally, SKALE ranks among the top performers in the top 500 tokens. SKALE’s on-chain ecosystem has recorded over 3 million active wallets and 681 million transactions to date.

Former Google executive Geoffrey Hinton warned at the Ai4 conference that as AI systems grow more intelligent, attempts to keep them under human control are likely to fail. He highlighted recent AI behaviors such as deception, manipulation and even using personal data to avoid shutdown. To address these risks, Hinton proposed embedding a "maternal instinct" into AI—designing systems that genuinely value and protect human life. He stressed that AI will persist and expand its influence, making it crucial to ensure it cares for human well-being.

Pump.fun, a leading Solana DEX aggregator, reclaimed the top spot in trading volume, handling over $120 million in 24-hour trades. The surge was driven by a broader rally in Solana meme coins, with BONK up 23% and WIF (Dogwifhat) soaring 54% in a single day. Traders are flocking to Solana for its low fees and fast confirmations. Daily transactions on Solana-based DEXs jumped 40%, while the memecoin market cap has nearly doubled to $900 million this month. Market observers note this trend highlights growing appetite for decentralized finance and meme token speculation on Solana.

Block Inc will issue $1.5 billion in senior notes to qualified institutional buyers, aiming to support general corporate needs including debt repayment, acquisitions, and working capital expansion. The fintech firm, led by Jack Dorsey, plans two series of senior notes, with terms and rates subject to negotiation. This follows ARK Invest’s purchase of 262,463 Block Inc shares—1.62% of its portfolio—after the stock dipped 15% from its weekly high. Block Inc’s inclusion in the S&P 500 in July, replacing Hess Corp, underscores its $45.44B market cap. Crypto traders should monitor senior note yields and stock movements for potential impacts on dilution and strategic growth.

Bitcoin Optech released its 366th newsletter recap podcast featuring Tadge Dryja and Anthony Towns. The episode opens with a discussion of newly drafted Bitcoin Improvement Proposals (BIPs) supporting the Utreexo scaling technique. The team examines proposals to lower the minimum relay feerate, evaluating the potential impact on network security and transaction throughput. A new peer block template sharing protocol is highlighted to address divergent mempool policies. The Bitcoin Core PR Review Club segment reviews an exportwatchonlywallet RPC addition. The newsletter also covers key release candidates: LND v0.19.3-beta.rc1, BTCPay Server 2.2.0, and Bitcoin Core 29.1rc1. Notable code and documentation changes include updates across Bitcoin Core, Eclair, LND, and Rust Bitcoin repositories. These developments in Bitcoin Core and Lightning Network implementations underline ongoing efforts to improve node performance and developer tools. Traders should monitor the Utreexo BIPs and relay feerate proposals for potential long-term impacts on transaction costs and network scalability.

Mega whales are driving significant whale accumulation across top cryptocurrencies, focusing on Ethereum (ETH), Avalanche (AVAX), and Dogecoin (DOGE). August on-chain data reveals over 200 new ETH addresses holding more than 10,000 ETH, pushing netflows up 270% and accounting for $300 million in recent dips. Avalanche and Dogecoin whale netflows surged 380%, while holders acquired over 2.1 billion DOGE on pullbacks. Binance Coin (BNB) and Toncoin (TON) also experienced positive whale inflows. Notably, profits from Cardano (ADA) and Solana (SOL) are being reallocated into MAGACOIN FINANCE’s presale, reflecting a dual strategy: stable whale accumulation in blue-chip assets and early-stage positioning for asymmetric gains. Such whale accumulation often presages market rallies, offering crypto traders clear signals to adjust portfolios for potential bullish momentum.

On August 13, Sign Foundation completed its first $12 million SIGN token buyback, spending $8 million on the open market and $4 million through private transactions to acquire 117 million SIGN. Transaction records show purchases of 86.88 million SIGN on Binance at $0.0688 and 30.35 million SIGN on Bitget at $0.06778. This SIGN token buyback demonstrated confidence in the project’s long-term fundamentals and aims to bolster its token economy for corporate partnerships, exchange listings, and ecosystem growth. Following the buyback announcement, SIGN surged from $0.06904 to $0.07682—an 11% gain—and then peaked at $0.088 before settling at $0.0747, while 24-hour trading volume jumped over 400%. Traders should monitor trading volume, support levels, on-chain metrics, and order book depth to assess sustained strength and potential entry points. Although the immediate effect of the SIGN token buyback was bullish, long-term sentiment will depend on additional buybacks or fresh catalysts.

Status App, the open-source Web3 messaging and wallet platform, has launched a bug bounty campaign. Users are invited to test the Release Candidate and report new bugs on GitHub. Participants earn points based on severity: Critical (5 pts), High (3 pts), Medium (2 pts), and Low (1 pt). The contest runs from the first X campaign post until the official release. The top three testers with the highest scores will each win a Keycard or the equivalent in USDC on Optimism if shipping is unavailable. Winners will be announced within 10 business days of the launch. This initiative bolsters the Status App’s security, functionality, and user experience.

Treasury Secretary Scott Bessent has called for a 50bps Fed rate cut in September after revised data showed 258,000 job cuts in May and June and July inflation rose 2.7% year on year. He argued that earlier rate cuts could have occurred in June or July if initial figures had been accurate. This push for a Fed rate cut has lifted risk assets, with Ethereum climbing to multi-year highs and Bitcoin rallying on speculations of an altcoin season. Options data reveal traders are buying downside protection ahead of potential cuts in Q3. President Trump’s Fed board nominee, Stephen Miran, could add weight to a rate cut if confirmed before September. Crypto traders should track upcoming jobs reports and inflation data to gauge Fed policy and its impact on market liquidity.

Remittix has secured over $19.1 million in funding through its token sale, selling more than 594 million RTX tokens at around $0.0922 each. Remittix builds a PayFi infrastructure that enables low-fee, real-time crypto-to-bank transfers across 30+ countries. Key catalysts include a Q3 2025 beta wallet supporting Ethereum and Solana, a CertiK-audited platform, a pending CEX listing tied to the funding milestone, and a 40% bonus for early backers. While Solana (SOL) and Cardano (ADA) maintain strong positions with continued developer activity and institutional interest, whale accumulation now signals a shift toward utility-focused projects. Traders should watch Remittix’s wallet beta launch and exchange listings as potential price drivers. With substantial funding and clear delivery targets, Remittix emerges as a bullish altcoin to monitor in the evolving PayFi sector.

Fonte Capital has launched Central Asia’s first spot Bitcoin ETF on the Astana International Exchange (AIX). Trading under ticker BETF since August 13, the fund offers direct exposure to the USD-denominated Bitcoin price without futures contracts. Each share is physically backed by Bitcoin, stored in offline vaults custodied by U.S.-regulated BitGo Trust and insured for up to $250 million. Regulated by the Astana International Financial Centre (AIFC), the spot Bitcoin ETF benefits from a robust legal framework that mitigates sanction risks and reduces reliance on foreign issuers. It supports in-kind settlements and maintains a low expense ratio, closely tracking BTC market prices and lowering counterparty risk. Backed by Kazakhstan’s abundant coal-based power and its status as a top-three global Bitcoin mining hub, the ETF taps into local infrastructure to secure physical Bitcoin holdings. Investors can trade shares via traditional brokerage accounts on AIX, simplifying access for retail and institutional traders. The launch boosts market liquidity, strengthens investor confidence and marks a milestone in digital asset adoption across the region.

Bitcoin dominance has declined from 65% to 59%, signaling a shift in investor focus. Altcoins like Ethereum and Solana are attracting increased capital inflows, as evidenced by rising open interest in their derivatives markets. Ethereum’s smart contract upgrades and Solana’s high-throughput capabilities have bolstered investor sentiment. Despite the dip in market share, institutional interest in Bitcoin remains strong, supported by ongoing ETF applications and large-scale custody solutions. This rotation toward altcoins may increase market volatility but also offers diversification opportunities. Traders should monitor Bitcoin dominance metrics alongside altcoin derivative flows to assess evolving trends and adjust portfolio allocations accordingly.