Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

White House adviser David Sachs dey downplay fear wey people get about AI layoffs, talk say artificial intelligence still need human supervision to bring better value. E talk say AI na like workflow "middle-man" and important decisions still dey human hand. Microsoft Research recent study of 200,000 Bing Copilot chats show say reporting and copywriting be the most roles wey fit get automated, with scores of 0.38–0.39. Market analysts and data scientists get scores of 0.35–0.36. The cryptocurrency industry don see drop for job vacancies, wey follow slow hiring rate for US – only 73,000 jobs for July instead of 100,000 wey dem predict. Former Coinbase CTO Balaji Srinivasan add say today AI models dey replace old algorithms not humans, mention Midjourney over Stable Diffusion and GPT-4 over GPT-3. The results dey support the idea say AI layoffs fit dey overhyped but some specific jobs still dey risk.

Justin Sun, wey be founder of TRON, don complete 10-minute suborbital flight for Blue Origin NS-34 mission on August 3. E secure di seat for $28 million for one 2021 auction. Di New Shepard rocket launch from West Texas by 7:43 a.m. CT, e separate three minutes flight time. Sun and five crew dem, wey include venture capitalist and meteorologist, experience weightlessness and see Earth curvature before parachute land by 7:53 a.m. After di flight, Justin Sun talk about the “overview effect,” wey show how fragile Earth be and hint future plans for space tourism. Di mission show say Web3 leaders dey interested for space ventures and how TRON innovation dey connect with aerospace.

Di RWA token sector dey show new strength dis week, as Stellar (XLM), Injective (INJ) and Ondo Finance (ONDO) don all complete pullbacks and dem dey target key resistance levels. XLM sharp back from $0.36 support and grab im 20-day EMA again, e dey eye 27% gain back to $0.52. INJ dey test 20-day EMA for $13.10, e get 22% move to $16 plus correct 90% upside to $25 if e breakout confirmed from im ascending triangle. ONDO bounce from $0.84 support reach $0.92 now, e dey test 20-day EMA with 30% chance to try $1.20 again. Technical indicators like bullish EMA/SMA crossover for all three RWA tokens support dis forecast. Traders suppose watch volume plus price action around these EMAs for entry signals and manage risk with clear support levels. Real World Assets story still dey drive market focus on tokenized traditional assets, dis one be important time for RWA token trading strategies.

Tom Lee’s BitMine Immersion don build di world’s biggest Ethereum treasury, e dey hold 833,137 ETH wey dem value as $2.9 billion. Di company start dia strong Ethereum treasury buy strategy for end of June, dem dey target 5% of di circulating ETH supply. Di board of BitMine don approve $1 billion stock repurchase program to make di Ethereum treasury grow more. Besides ETH, di company get 192 BTC join, dem rank among di top five corporate crypto treasuries by assets. High-profile investors dem include Bill Miller III, Cathie Wood’s ARK Invest, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital. BitMine stock dey very liquid, e dey trade with average daily volume of $1.6 billion and e rank 42nd among 5,704 US-listed stocks. Pre-market trading don rise by 2.5%. With ETH staking near, traders go dey watch how e dey affect market liquidity and share value.

BitMine (NYSE:BMNR) don yan disclose say their Ethereum holding don pass $2.9 billion now, wey mean say big institution dem dey put bet for the second biggest cryptocurrency. This kain money wey dem dey add show say BitMine get better tori for Ethereum long term value and say dem wan no just dey do Bitcoin mining alone. Traders fit see this as sign say more institution dey use ETH, and e fit make price rise short term plus make people believe more for Ethereum role for decentralized finance and smart contract things dem.

GameSquare Inc. don approve new $10 million stock buyback program wey dem go fund totally from Ethereum yield. The board gree say dem go do open-market buyback of up to 5% of the shares wey dey out for the next 12 months, using staking rewards from the company’s current ETH holdings. By turning Ethereum yield to money, GameSquare wan return extra cash flow to shareholders without using their operating budget. The company dey stake over 15,000 ETH now, dey get roughly 4% yearly yield, dey generate steady income to support the share buyback. This move show how GameSquare dey use crypto assets for capital returns, increase demand for ETH staking services, and dey show new way to use blockchain yield for corporate finance.

Broker Benchmark believe say di Coinbase Q2 result na just wan small setback wey no go last long. Analyst Mark Palmer still hold im Buy rating with price target of $421, talk five main tins: revenue sharing on USDC stablecoin reserves, expansion of institutional services like prime brokerage, crypto-as-a-service, derivatives before possible CLARITY Act benefits, development of one integrated crypto super app wey dey cover trading, payments, NFTs, DeFi, developer tools, decentralized exchange join-up to make tokens access wider, plus 44% increase for July transaction revenue reach $360 million wey show say market dey recover. After 16.7% drop, Coinbase shares climb 1.8% for early trading. Benchmark talk say all these fundamentals strong for long-term growth, make Coinbase ready to enjoy rise for stablecoin use and institutional demand.

Binance don extend dia wealth-management package wit five high-yield products. Two stablecoin-linked products—RWUSD and BFUSD—dem dey give safe, capital-protected yields of about 4.2% and 9.9% respectively. RWUSD dey tokenise U.S. Treasuries to reduce entry barrier (minimum 0.1 U) and e get daily fast redemption up to 5,000 U. BFUSD dey allow futures traders make yield on margin wey dey idle. For the structured side, Binance “Discount Buy Coin” and “Dual Currency Investment” dey use exotic options to automate limit orders with interest buffers. Users fit target discounted entry prices or convert wait time into attractive APR (up to 30%) and enjoy auto-reinvest features plus daily BTC/ETH settlement. Finally, Binance add on-chain BTC staking via Solv Protocol. Users fit stake BTC for Fiat-PoW, dey earn 0.6%–1.6% SOL rewards with flexible lock periods and one-click custody. Together, these products dey help traders balance yield, security and liquidity for one ecosystem.

Switzerland don talk say dem ready to start Swiss-US trade talks again after August 7, afta dem delay to put 39% US taxes for Swiss goods. Swiss government talk say dem wan show better plans and no dey think about payback moves. Dem talk say the trade balance wey Switzerland get with US no be because anybody do any unfair thing and dem wan make trade relations many way. This step na to cool things down and make sure Swiss exporters no get wahala. US delay for the tariffs give chance for dem to talk. Traders suppose dey watch these Swiss-US talks to sabi if policy fit change wey fit affect Switzerland economy.

QuidMiner na UK registered cloud mining platform wey e start for 2018, dey offer XRP and ETH holders easy method to earn up to $3,000 daily for passive income. Investors fit choose predefined hash rate contracts, so dem no go need buy equipment or worry for technical wahala, plus dem go dey enjoy clear fees and daily profit payouts. Reports show say some ETH contract users dey make above $3,000 every day steady steady, leveraging QuidMiner high-performance hardware from providers like Bitmain and Canaan Creative. The platform dey support different digital assets like XRP, BTC, DOGE, LTC, SOL, USDC and USDT, plus e get daily settlement model wey return principal when contract don finish. QuidMiner smart scheduling and energy optimization dey boost mining efficiency and cost-effectiveness. With over 9 million users around the world, the service dey focus on regulatory compliance, clear contract terms and easy-to-use interface. For crypto traders wey want stable income and reduce market volatility risk, QuidMiner cloud mining model na correct choice for long-term passive income.

Di Credix hack wey happen for im DeFi lending platform, hackers comot $4.5 million by take advantage say multisig wallet no configure well for im ACLManager, wey give dem admin and bridge power without permission. Using the bridge power, the attacker mint and borrow assets, commot almost all Credix liquidity pools. Security companies SlowMist and Cyvers Alerts connect the hack to Tornado Cash funded addresses wey move money go Sonic network, borrow $2.64 million, then waka assets go back to Ethereum. Credix confirm say dem get breach, shut their website to stop more deposits, and tell users make dem withdraw through smart contracts. The platform promise say dem go recover all the money inside 24 to 48 hours. This DeFi hack show say multisig governance still get wahala and e show say we need strong smart contract audits and real-time monitoring.

One Taiwan person wey dey ride scooter use generative AI take draft and file winning case after e combine plenty lawyers free advice into correct prompts. This thing show say AI for legal work don change: from person dey write documents manual to smarter way to arrange case. Generative AI sabi process unstructured data like meeting notes, evidence, and facts become organized legal documents. How better AI output be depend on how good prompt be. Lawyers need adjust for AI work by focusing on prompt engineering, design workflow, give tasks to AI, and check the results well. The new Lawyer 2.0 model dey redefine legal people as commanders wey fit identify wahala, plan process, give AI tasks, and make sure say everything good. To catch up with dis digital change na the key for law firms to still dey competitive for market wey dey change.

Unbank, wey don dey pioneer Bitcoin ATMs since 2014, don launch mobile Bitcoin app wey no dey keep person money with Lightning network join. Dem use Voltage infrastructure and BTCPay Server, dis Bitcoin app fit make quick peer-to-peer transaction and cash-withdraw for CVS/Walgreens ATM or bank transfers wey dem push to card. Users fit pay Lightning invoices anytime, with transaction of up to $2,300 each time. Platform get $10 referral reward, AI style UI/UX betterments, and fraud protection for customers wey fit suffer. CEO Emilio Pagan-Yourno talk say dem wan spread reach Latin America, use Spanish market and Tether on Lightning to cut cost from Tron-based USDT transfer. Dem steady for no use AI for main work, but dem see microtransactions fit run through bots. Company still dey do non-custodial model and dey promote direct Bitcoin ownership instead of corporate treasury money. All these new things go make Bitcoin use easy, give traders fast on/off ramps and more payment ways.

Elon Musk asked im AI chatbot Grok about di chance say quantum computing fit hack Bitcoin by breaking e SHA-256 algorithm. Grok talk say risk for di next five years dey almost zero, and e no pass 10% by 2035 base on di current quantum technology. Dis question follow IBM announce dia Blue Jay quantum system wey wan get 2,000 qubits by 2033 and over one billion gate operations. Big companies like Google and Microsoft still dey work on quantum platforms. Quantum computers now get about 1,000 qubits, but dem need millions of error-corrected qubits to even threaten Bitcoin security. Grok yan say if dem fit switch to post-quantum algorithms like SHA-3 or SHA-512, e go reduce future risks. Deloitte warn say up to 25% of Bitcoin fit be at risk if quantum attack happen, dey stress need for post-quantum cryptography. Musk concern dey practical: Tesla hold 11,500 BTC (~$1.3B) and SpaceX get about $850M in Bitcoin. As quantum computing dey grow, crypto market gats prepare for security upgrades wey go last long.

XRP tok do better pass $3 after dat di White House come drop one crypto policy report wey clear say CFTC go dey oversee spot markets, dis one reduce di SEC regulatory wahala for Ripple Labs. Meanwhile, Ripple stablecoin RLUSD don reach $600 million market cap, dem dey burn XRP for transaction fees plus dem dey tighten di supply. Dis XRP rally join for bigger altcoin rally. For di last 24 hours, XRP climb 3.74% and ETH gain 1.93%, as traders dey shift enter high-growth tokens as Bitcoin dey cool down. New crypto presales don dey focus now. Bitcoin Hyper (HYPER) dey promise Solana-level speed and low fees on Bitcoin Layer 2, with tokens for $0.01253 and 156% annual staking yield. Snorter Token (SNORT) go power Telegram bot for trading, e dey for presale at $0.1003 and e dey offer 157% yield plus anti-scam features. Bitcoin Penguins (BPENGU) dey do 15-stage presale till August 27, current price na $0.00122 per token. Traders suppose dey watch these presales because di XRP rally plus better policy signals fit make altcoin momentum beta.

Major banks dey increase their blockchain investment, with Citigroup, JPMorgan Chase, Goldman Sachs plus Japan SBI Group dey lead 33 mega-round deals of $100 million plus. According to Ripple, CB Insights plus UK Centre for Blockchain Technologies, over $100 billion don enter blockchain investment for more than 10,000 deals from 2020 to 2024, including 345 bank-led investments. US plus Japanese institutions top the list, then Singapore, France and UK follow. Tokenization plus institutional infrastructure for trading and staking make up 27% of high-value deals, as banks dey try increase investor access through Web3 innovations. Boston Consulting Group forecast say tokenized assets fit pass $18 trillion by 2033. Regulatory support dey grow. SEC Chair Paul Atkins 'Project Crypto' dey aim to clear roadblocks for tokenizing stocks and bonds. Meanwhile, Bitcoin Hyper (HYPER), Bitcoin Layer 2 solution wey use Solana Virtual Machine, promise fast, secure BTC transactions, smart contracts plus ZK-proofs. E presale don raise over $6.8 million. These trends show say institutional confidence for blockchain investment strong plus dem dey push fast for tokenized finance.

Di Nasdaq weh BitMine Immersion de, get ova 833,000 ETH weh dem dey hold now. Di value na about $2.9 billion. Dis kain move mean say dem no dey only mine Bitcoin again, dem don dey gather many different kind digital assets. By get more Ethereum, BitMine Immersion wan make dem no wahala for price waka, make dem fit earn staking money after Ethereum change to Proof-of-Stake, and also make dem use di chance wey DeFi, NFTs and dApps dey grow. Dis news show say big big company dem begin sabi Ethereum well well, and e fit make other crypto company dem do like dis too. Traders suppose keep eye for wetin big company dem dey do, check Ethereum strong ground well, and think about how to spread their money. BitMine Immersion big ETH money fit help market style and money flow, but e fit also make dem feel any rise or fall for ETH price. As crypto market dey grow, dis kind multi-asset waka fit become how dem suppose dey do business for ground.

US President Donald Trump wan appoint new Federal Reserve Governor and Bureau of Labor Statistics (BLS) chief wey dem sabi sey e dey friendly to rate-cut. If dem confirm dem picks, e fit turn US monetary policy go lower interest rates, increase system liquidity and make people dey take risks. Dovish Fed normally go make traditional yields no too attractive, e go make investors put more money for alternative assets. Dis kain move don dey help cryptocurrency market before, Bitcoin sef dey seen as inflation hedge when dollar weak. Wetin fit happen na say borrowing go cheap, liquidity go flow stronger enter digital assets and inflation expectations go high. Crypto traders suppose dey watch official announcements well well, dey check important economic data like CPI and employment figures wey BLS dey report, and dey adjust their strategy. E good make person diversify portfolio as interest rate policies dey change. Even though these appointments fit make market sentiment sweet for short term, long term crypto price go depend on steady monetary conditions and other bigger economic signs. Overall, Trump Fed appointments fit set ground for better phase for digital asset trading.

Crypto analyst Benjamin Cowen wey dem sabi for im data-driven approach, don talk say Ethereum (ETH) fit reach new all-time high by December 2025. Cowen talk say dem don form new macro higher low wey be critical sign say market dey go up. Before now, e advise make people no put money for Ethereum till dis higher low show. Now e dey believe say market go strong go up. Wetin Cowen find with butterfly harmonic pattern show say price fit climb between $5,300 and $7,500. E talk say max cycle top go show latest by January 2026. Now, Ethereum dey trade around $3,499, dey rise 3% for 24 hours as e be now. Traders suppose dey watch volatility well and check important resistance levels wey dey near old peaks. Di analysis show say Ethereum get potential for dis bull cycle. Short-term traders fit use breakout momentum take make money, while long-term investors fit see price dips as better entry points. But harmonic patterns and cycle timing get risk. Traders suppose use their technical knowledge plus risk management strategy to fit handle market wahala wey fit show.

MicroStrategy don buy 21,021 BTC for di week wey end for August 3, dem spend $2.46 billion at average price of $117,256. Dis purchase follow earlier buys below $30,000 wey don reduce MicroStrategy cost base. Even though dis recent buy get unrealized loss, di company aggressive BTC strategy still dey drive institutional demand for crypto. Other public companies dey follow. GameSquare add 2,717 ETH come total 15,630 ETH, and Sequans buy 85 BTC for average $117,360, take their crypto holdings reach $3.7 million. More than 200 publicly traded companies now get digital assets, show say corporate crypto adoption dey grow. Dis rising institutional interest dey help market stability and long-term growth. More accumulation of bitcoin and ether by well-capitalized companies fit reduce volatility and make liquidity better. Traders suppose watch for more company purchases and shifts for institutional demand as market sentiment and possible price support sign.

Pi Network price drop reach di low level wey e reach last week, na $0.34 before e bounce back go $0.35, dis show say e drop 21% inside seven days. Even though e drop, one mysterious whale wallet wey dey label “GAS…ODM” don collect 350 million PI tokens, na im be sixth biggest holder. People for market dey speculate say dis investor fit be Pi Network Foundation or one exchange wey dey prepare listing. Exchange balances for PI don reduce from 405 million to 400.4 million tokens, which dey reduce sell pressure for now. Technical indicators show RSI of 25, na sign say e oversold and e fit bounce back. One pending Binance listing vote fit boost liquidity and price if dem approve am.

Ethereum price don pull back after e test the $4,000 resistance now e dey test support for $3,500. For daily chart, Ethereum price action still dey bullish, e show by golden cross (100-day MA pass 200-day MA) and RSI dey cool down from overbought levels. If e break under $3,500, e fit make ETH drop go $2,800, but if e fit take $3,700 back, e fit set stage for rally wey fit reach $4,100–$4,500. For 4-hour chart, e show say rising wedge don break down with short-term range between $3,500–$3,750. For on-chain, exchange supply ratio reach multi-year low of 0.13, wey mean say sell pressure dey reduce as holders dey move ETH comot from exchanges. Overall, technical and on-chain metrics dey lean bullish for possible $4K breakout.

By 2025, Bitcoin don reach $115,117 and global crypto users don pass 560 million, make governments shift from dey careful to dey adopt am actively. Developing countries, especially El Salvador, dey lead: as dem make Bitcoin legal tender for 2021, the country commot remittance fees by up to 50%, e dey support 20% of the GDP. 2024 World Bank study show say crypto remittances dey save plenty cost pass traditional banks. Important things wey dey drive am na less transaction cost, financial inclusion, and digital innovation. As more countries dey find crypto-backed infrastructure and central bank digital currencies, market players suppose dey observe policy updates, user growth metrics, and on-chain activity for trading chances.

By July 2025, Bitcoin sharp rise reach $115,117, show how e don turn from small digital money to big big asset. E fixed supply na 21 million coins and the 2024 halving e reduce mining reward to 3.125 BTC per block, this one make Bitcoin become like “digital gold.” Dis kind scarcity don make demand high, 74 companies dey hold together $55 billion BTC now. Meanwhile, BlackRock Bitcoin ETF na the fastest growing one ever, e make institutional people adopt fast. Bitcoin decentralized blockchain no dey use banks or government, e dey give financial access to people wey no get bank and e dey challenge traditional finance. As investors dey find protection against inflation and stability, Bitcoin limited supply plus growing ETF market dey give beta hope.

For July 2025, four places dem — Vanuatu, Dominica and Saint Lucia, Portugal, plus El Salvador — dey allow investors make crypto citizenship or golden visa through crypto-backed investments. Vanuatu Development Support Program dey give second passport for 30–60 days if you donate $130,000, and dem dey accept Bitcoin and stablecoins through licensed agents. Dominica and Saint Lucia dey process Caribbean citizenship in 4–9 months for donations wey start from $200,000, and dem dey convert BTC and USDT through approved agencies. Portugal Golden Visa need €500,000 investment in CMVM-regulated crypto-linked funds, e give residency if you stay just seven days per year inside di country, plus path to citizenship after five years. El Salvador Freedom Visa na full crypto-native—applicants invest $1 million for Bitcoin or USDT, dem go get residency in six weeks and quick citizenship afterward. These programs dey show how crypto citizenship and golden visa trend dey grow, as e meet demand from digital nomads and high-net-worth crypto investors.

Quid Miner don launch one mobile-first cloud mining platform wey dey work for over 180 countries. People fit mine better cryptocurrencies like BTC, XRP, DOGE, ETH, LTC, SOL, BCH and USDT straight from their phone, no need hardware or technical skills. The AI-powered cloud mining system go dey switch between coins automatically to get maximum profit. New users go get $15 free credits and fit pick flexible mining contracts wey dey pay every day. Contract options dey from $100 BTC Starter Plan to bigger investment reach $8,000, with return as high as 41% for 27 days. The platform dey use McAfee and Cloudflare security, e dey run for renewable energy data centers, plus e get 24/7 multilingual support. Quid Miner mobile dashboard and AI profit engine dey make crypto mining simple and give traders passive way to earn digital assets. The service global reach and scalable infrastructure make Quid Miner user-friendly solution for steady crypto income.

For August 1, 2025, Hong Kong lan stablecoin law wey important come live, e create license system for dem way dey issue fiat stablecoin, manage reserve assets, and perform redemption. The new law make sure compliance—like AML/KYC, sanctions check, and fraud detect—part of transaction process. Under LEAP framework, license holders gats keep full reserves of better quality liquid assets, to boost market trust and asset stability. By formalize stablecoin regulation, Hong Kong wan move digital assets from speculation to main financial infrastructure. Programmable money for blockchain go allow real-time (T+0), cheap, 24/7 settlement for cross-border payments, trade finance, and corporate treasury. For 2024, global stablecoin volume reach $27.6 trillion, pass Visa and Mastercard plus—marking big turning point. Hong Kong selective license (first limited to small number entities) focus on operational readiness and trustworthiness. As first place with full stablecoin law, e set example for U.S. GENIUS Act, EU’s MiCA, and UAE’s VARA rulebook. This combination of innovation and clear regulation strengthen Hong Kong bid to become top digital finance hub and make stablecoins the backbone for next-gen financial system.

Coinflux (CFX) don lose almost 2% for 24 hours after e jump 14% last week, e come down to around $0.2097. Di rally for Coinflux na because people dey expect offshore-yuan stablecoin for China, e carry CFX go up 190% inside 30 days. Even with dis gain, di coin still dey 87% down from im all-time high of $1.70. Technical indicators dey show say di bullish momentum dey fade: di RSI dey 52 and MACD lines near neutral. If selling pressure continue, CFX fit retest $0.159 and fit fall reach main support at $0.102. But if e bounce back, e fit make price go pass di high for last week $0.2789 and head to $0.30 level.

Robert Kiyosaki wan double down for Bitcoin if e price fall below $90,000 as August wey historically dey weak dey happen. For di weekend, BTC drop from around $118,000 to $112,300. August dey see losses for eight of di past 12 years, average drop na 11.4%. Kiyosaki talk "Bitcoin August Curse" and say any crash be opportunity to buy, e still get confidence for Bitcoin long-term fundamentals and say e go reach $1 million by 2030. BitMEX co-founder Arthur Hayes also talk say near-term correction dey come, warn say bad US jobs data fit push Bitcoin down to $100,000. E bearish outlook come after low July Non-Farm Payrolls report and US tariff risks. Bitcoin dey trade around $114,300, down 4% for last week, market cap drop $170 billion from mid-July high. Crypto Fear & Greed Index don bounce back enter "Greed" area. Separately, Bitcoin Hyper (HYPER) don raise $6.8 million for presale for Solana-based Layer 2 solution, e dey offer 156% APY staking yield at $0.012525 each token.