Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Di White House don drop one 166-page report wey dem call “Strengthening American Leadership in Digital Financial Technology Report,” wey show say dem dey serious to regulate crypto matter. The President’s Working Group on Digital Asset Markets prepare the report, wey show say crypto regulation na key for USA innovation and dem give some important advice. Dem talk say SEC and CFTC get clear roles—SEC go handle digital asset securities and CFTC go handle spot non-security assets—and dem want make both agencies work together, no make rules wey go clash. About DeFi, the report talk say old laws no fit cover true decentralized protocols but say dem suppose regulate the middle men wey dey make access easier. The report put stablecoins as important to keep the US dollar top, recommend special oversight and tax treatment like cash. E also talk about cybersecurity, privacy, plus custom tax plans for digital assets. At the end, the report confirm say dem want run the suggested Bitcoin Strategic Reserve. Traders fit expect better clarity, less wahala for compliance, and better market stability with this new regulation setup.

For August 4, CrediX wey be Solana-based DeFi lender suffer one big exploit after attacker comot multisig Admin and Bridge roles. Dem add di permissions through ACLManager six days before, e allow di hacker make collateral tokens straight from CrediX lending pool. Using these fake tokens, di attacker borrow assets come drain di protocol liquidity. SlowMist first alert say breach happen. For response, CrediX comot im website make e no dey accept new deposits and start investigation. Di team tell users say all funds dey safe and dem fit access am through smart contracts. Dem dey expect make everything recover for 24 to 48 hours. Di CrediX exploit show di risk wey dey for DeFi protocol governance and smart contract security.

Bitcoin try support close to $112,000 after US job data trigger small short sell for crypto market, make price fall down to May record high of $111,965. Weekend dip bring about $670 million perpetual futures liquidation, mostly clear long positions, fit even make strong rally possible. Ledn CIO John Glover predict Bitcoin go up reach $140,000 by year end, and 10x Research find $111,965 good risk-reward entry point. On macro matter, US nonfarm payroll show labour market soften, make Fed rate-cut talk come back for September. This week CPI and PPI inflation report go determine market feeling and fear of risk. Ether get big “buy-the-dip” accumulation from whale, show long term strong believe. Derivatives market cool down as Bitcoin and Ether futures open interest drop, but some traders dey buy call options to try rebound pass $124,000. Layer-2 network Base overtake Solana for daily token launch, powered by Zora Creator Coins, while liquid staking platform Lido shed 15% of staff to focus more. Traders fit watch Bitcoin $112,000-$118,000 consolidation range and Ether $3,300-$3,800 channel as strong support and resistance levels for possible gain. Summary be say, Bitcoin successful support test and deleveraging for derivatives market show bullish sign. Watching macro data, on-chain activity and token launch trends for Layer-2 networks go important for next moves.

WSJ economics commentator Greg Ip dey warn say companies wey dey use AI don shift go "asset-heavy business model." Dem dey put plenty money for data centers, special chips and AI talent. Even though AI projects don boost revenue, dis asset-heavy model dey reduce free cash flow. Lower cash reserve mean less money for dividends, R&D and unexpected expenses. Investors go dey under pressure as capital spending dey increase. The tech sector wey dey get more capital intensity fit slow down overall US economic growth. If dis trend spread quick, companies fit cut other investments, affect market feeling and increase market wahala. Key points: • AI asset-heavy business model: high upfront cost for infrastructure and talent. • Free cash flow get pressure: less money for dividends, buybacks and innovation. • Investor dey stressed: bigger capex mean higher financing cost and risk. • Economic impact: tech-driven capital intensity fit slow GDP and market stability. Traders suppose dey watch company cash flow metrics, capex forecast and bond yields. High spending on AI assets fit make sector rotation from high-burn tech stocks and increase market wahala.

London-listed Smarter Web Company PLC (AQUIS: SWC; OTCQB: TSWCF), wey be technology and bitcoin treasury company, don complete placing and subscription, weh dem gather total $10.7 million (£8.1 million). The placing bring $6.9 million (£5.25 million) from one big institutional investor, while the remaining $3.8 million na from one rich person. Dis fundraising go strong the balance sheet of Smarter Web Company and support how dem go take grow plus run their bitcoin treasury operations.

For August 4, money market protocol CrediX don talk say e go restore all user money full within 24–48 hours after one recent security palava. CrediX promise cover all user account to bring back trust and make platform stable. The matter show how important admin account security and risk management be for DeFi projects. Analyst dem talk say quick response fit make stakeholders relax and stop liquidity wahala. Traders suppose dey watch recovery process as sign say protocol fit stand strong and get good governance.

Meme trading whales dem for OKX don sabi high-frequency trading and advanced strategies to secure consistent profits. PANews look three months OKX wallet data and rank top three addresses based on profitability: Cupsey, gake and Cented. Cupsey dey lead with $5.14M profit and 67.7% win rate, e do 95,000 trades for 30 days. Him HFT style dey buy new tokens as dem launch and waka comot within seconds, small small profit from $20–$200. Gake follow with $2.48M profit and 42% win rate from 2,141 trades, e dey target mid-cap memes we get social media buzz and dey ride swing trades. Cented report $1.82M profit using pure HFT bots wey dey buy within seconds, but pattern show say e fit be pump-and-dump manipulation. Dis insight show how meme trading whales dey combine automated trading, market timing and secret manipulation. Traders suppose cautious before dem follow ‘smart money’ and dem suppose put risk control first. Meme trading still na high-risk business where high-frequency trading tools and secret tactics dey determine the result. As high-frequency trading tools dey evolve, meme trading risks dey increase.

Even though PumpFun daily moni drop 93.4% from $7.07 million to $469,000 and e dey behind LetsBonk by 3.7 times for token dem deployment, the platform strategic silence fit be im biggest asset. Solana memecoin market dey drop steady as retail people no dey wan take risk again. Instead of wasting money on buybacks or airdrops, PumpFun dey save capital to run top for the next bullish cycle. With strong cash reserves, mature branding and deep connection to Solana ecosystem—plus anticipation for Solana Labs upcoming ICM launch—PumpFun ready to survive pass the less-funded competitors. Traders fit see $PUMP as one long-term bear-market hedge, ready to perform well when memecoin activity bounce back.

Di size Satoshi statue wey dey for Ciani Park for Lugano thief dem carry go shortly after e unveiling for Plan ₿ Forum for October 2024, e shock the Bitcoin community. Italian artist Valentina Picozzi design the faceless stainless steel sculpture wey mean Bitcoin anonymity and decentralization. Investigators find evidence say the thief throw the Satoshi statue for nearby lake, but municipal people quick recover am. Picozzi’s Satoshigallery offer 0.1 BTC reward for anybody wey get info wey fit lead to the retrieval, e show say public art for digital finance hubs get security yawa. Lugano Mayor Michele Foletti talk say the statue dey strengthen the city blockchain identity. As part of global plan to place 21 Satoshi statues wey represent Bitcoin 21 million supply, replicas dey Tokyo and other cities. The statue wey dem recover go get repairs and e go return Ciani Park, e dey show the cultural importance and how art and crypto dey join together strong.

For dis analysis, we dey look five cryptos wey fit blow 100× gain for 2025. Meme token XYZVerse (XYZ) dey target 50× growth for presale, dem raise $15 million wit structured tokenomics plus influencer backing. Polkadot (DOT) dey allow cross-chain interoperability through parachains at discount from im peak. Polygon (POL) dey power fast, low-fee dApps with staking rewards. Avalanche (AVAX) dey deliver eco-friendly layer-1 throughput of 4,500 TPS and custom Subnets. Chainlink (LINK) dey secure real-world data via oracles and staking. These 100× gain cryptos combine presale hype, staking yields, DeFi adoption and blockchain infrastructure advantages. Traders suppose dey watch presale demand, network activity, and staking returns as key entry signals.

On July 1, 2025, CyberArena don officially change name to taptap. The new platform dey bring mobile-first online gaming system wey get vibrant visuals and fast navigation. All current accounts, balances plus play history transfer well well. For di first time, taptap dey accept crypto payment for Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Blockchain-level encryption dey make sure say transactions fast, secure and no get border. Di platform get sports betting, esports, live and RNG casino games, virtual sports, lottery and skill-based titles. Di rebrand show say taptap dey focus on financial flexibility, user experience and blockchain security. By adding crypto payments, taptap wan lead innovation for online gaming market.

Pound Sterling don surprise people as e still strong despite all di talk say Bank of England go cut interest rates. Market people for Bank of America talk say investors don start dey price am like say di BoE go slow and small for how e go reduce rates compared to European Central Bank and U.S. Federal Reserve. This better yield reason na because UK inflation still high, BoE dey cautious about wetin dem dey talk, and ekonomi still get some strong part. Di main tins wey dey push am na stubborn services inflation, strong wage increase, and carry-trade chance wey higher UK rates dey support. Even though BoE talk say dem go cut rates based on data, recent talk show say make person get patience, no too rush cut. Traders suppose dey look UK CPI reports, BoE talk, and how other central banks dey act to know how Pound Sterling fit move. For crypto traders, if GBP/USD rate stable or dey go up, e fit affect how people take change fiat to crypto, risk feeling, and how dem go take arrange their money. To sabi all these forex yawa go help for hedging and how to position for FX and digital assets market.

Binance don announce say dem add CYC token for dia Alpha Projects platform wey dey give early access to new crypto assets. People wey qualify fit buy CYC tokens for better price before e start for market. Dis move show how Binance dey support new blockchain projek dem and e give traders chance to join the first token distribution. Market people go dey watch how CYC perform sharply after e launch and dem go adjust their position based on price moves wen wider trading start.

Big man analyst Ali Martinez don talk say XRP MVRV ratio don give sign of death cross. Dis death cross for MVRV ratio mean say big correction dey come for XRP price. Since e peak reach $3.65 around mid-July, XRP don drop 17% come near $2.99, wey align with the bearish crossover. On-chain data show say spot trading volume don reduce 23% to $4.83 billion, while derivatives volume drop 34% and open interest small small dey rise. Technical analysis talk say strong resistance dey for 10-day and 20-day EMAs around $3.02 and support dey at $2.95. If e break below $2.95, e fit go $2.75 or $2.50. Long term 50-day and 200-day EMAs still dey go up, show say momentum still dey ok. Traders suppose dey watch key levels and on-chain trends as bearish pressure dey increase.

Bitcoin Pepe don knack over $16.6 million for presale before dem go list for DEX on August 13. E price na $0.0437, di first meme ICO for Bitcoin sell out im 15,000% APY staking pool, wey reduce sell pressure. Bitcoin Pepe go launch for DEX platform after e join for exchange dem like LBank, MEXC and Bitmart. Di project dey use PEP-20 token standard to carry DeFi and meme tokens enter Bitcoin liquidity. Strong partnership and limited supply mean say price go likely increase when public trading start.

Grok AI don count 237 time economist Peter Schiff predict say Bitcoin go crash since 2011 wey no happen. During this time, Bitcoin price don climb pass 1,000,000%, show say all di Bitcoin crash predictions no correct. Schiff talk say BTC na bubble and e tell people make dem sell for $118,000 before e reach new high pass $123,000. Even though e dey negative, Bitcoin market cap now reach $2.27 trillion and institutions still dey adopt am. Recently, BTC price drop from $119,000 to $112,269 because people fear Fed policy and $812 million ETF money commot for market on August 2. As I dey write this one, BTC dey trade around $114,238, up 5.6% for 30 days and 88.7% year-to-date. Schiff warnings about volatility and “speculative mania” no match Bitcoin resilience. Grok analysis of all failed crash calls show say people still get hope sey BTC go grow long-term.

Ethereum on-chain waka reach one year high wit more dan 674,000 active addresses, show say network dey ginger again. Di EIP-1559 burn mechanism dey reduce net ETH issuance near zero, con tighten di token supply as demand dey rise. Institutional money enter Ethereum ETFs hit $154.3 million last week, wey boost market confidence. ETH dey trade around $3,550, with 3% gain per day but 9% loss for di week. Analysts talk say immediate support dey between $3,200 and $3,350, and long term entry zone be $2,950 to $3,050. If dem levels hold, rebound fit carry am go $4,000. Volume increase during di recent drop, and RSI still neutral. History show August performance fit different, but better on-chain numbers and cut down supply fit make market get bullish. Traders suppose dey watch on-chain data, burn rates, and technical zones to sabi how short-term correction and long-term upside go be.

Hylo.so protocol don launch two kain DeFi token for Solana: hyUSD, na be $1 pegged stablecoin wey dey back by liquid staking tokens (LSTs), plus xSOL, wey be long-term leveraged SOL token. The permissionless, non-custodial Hylo.so protocol dey mint and redeem tokens without any slippage, e dey use internal LST collateral pool (mSOL, jitoSOL, bSOL) wey dey collect staking yield to keep stability and fund revenue. xSOL dey give embedded leverage without funding fees or liquidation risk, e perfect for long-term SOL bulls. Advanced on-chain risk management dey use value-at-risk models and e separate stablecoin and leverage positions to protect users. Traders fit earn up to 17% APY by minting hyUSD and staking am for Stability Pool, meanwhile dem dey accumulate non-transferable Experience Points (XP) for future benefits. By removing reliance on USDC, AMMs, and external oracles, the Hylo.so protocol don establish decentralized “central bank” for Solana, wey dey improve capital efficiency, composability, and yield for DeFi.

React design patterns dey enable developers to build scalable and maintainable applications by organize code into reusable components and standard structures. Key React design patterns include component composition wey assemble small UI pieces into complex interfaces; higher-order components (HOCs) for logic reuse; render props wey share behaviour via callbacks; and custom hooks wey encapsulate stateful logic inside functional components. By following these React design patterns, teams fit maintain DRY (Don’t Repeat Yourself) principles, optimize performance, and make collaboration easy for both small projects and big enterprise apps. Embracing modular code and clear patterns dey improve architecture, simplify updates, and boost developer productivity.

Ether price don recover pass $3,500 after weekend wey people sell because of big economic wahala dem, like no change for Federal Reserve rates, weak Nonfarm Payroll data, and talk about tariff come back. The second biggest cryptocurrency drop to $3,359 before e find support near the 78.6% Fibonacci retracement level at $3,392. Technical indicators for 4-hour chart show say RSI dey climb from neutral place and MACD lines dey ready for bullish crossover. As bulls dey defend the $3,300 zone, steady recovery fit push ether price go next resistance at $3,730 and fit reach monthly high near $3,931. But if new correction happen, e fit make am test support around $3,170 again. Traders suppose dey watch ETF outflows and US economic data for signs about short-term momentum.

XRP price don rise pass 5%, e bounce back from the $2.75 support level and e dey lead broader market rally. The token open interest don pass $7.3 billion as bulls dey target breakout above the $3.00 resistance. Crypto analyst EGRAG Crypto dey forecast two price targets for XRP price: $4.89 on a non-logarithmic scale and $48.90 on a logarithmic scale, with average target of $27.00. Another analyst, Javon Marks, talk say as long as the $2.47 support hold, XRP price fit climb to $4.80. If XRP price reach $3.06, e fit trigger wave of short-position liquidations and further fuel the rally. Market volatility still high because of new U.S. tariff announcements and Fed’s hawkish stance. Last week, near $500 million crypto liquidations happen, bitcoin fund outflows near $1 billion, plus 5% correction for BTC price. These conditions fit make XRP price move more for both short-term trades and longer-term strategies.

Spot Bitcoin ETFs dem institutions investors don redeem over $812 million last Friday, wey mark di second biggest one-day outflow for history. Dis withdrawal clear like one week worth net inflows, reduce di total inflows to $54 billion, and bring all spot Bitcoin ETFs assets under management (AUM) to $146.48 billion—just 6.46% of Bitcoin market cap. Fidelity FBTC and ARK ARKB lead di sell-off wit $331 million and $327.9 million redemption respectively. Grayscale GBTC record $67 million outflows, while BlackRock IBIT see small $2.58 million pull-back. Even wit dis, trading volumes still strong: all spot Bitcoin ETFs trade total $6.13 billion, wit IBIT alone standing for $4.5 billion, show say investors dey reposition rather than waka from market. Meanwhile, spot Ethereum ETFs end 20-day inflow streak, register $152 million outflows. Grayscale ETHE lead wit $47.7 million redeemed, follow by Bitwise ETHW $40.3 million, Fidelity FETH $6.2 million. BlackRock ETHA hold steady wit $10.71 billion AUM. Total daily trading for Ether ETFs reach $2.26 billion, bring combined Ether ETF AUM to $20 billion (4.7% of Ethereum market cap). Dis changes show how institution dem dey plan inside crypto ETFs, highlight say market liquidity still dey and trading dey active despite big outflows.

Ethereum whales don collect over $400 million worth of ETH for early August, two big wallet dem buy $300 million through Galaxy Digital’s OTC desk, while SharpLink come add 30,755 ETH (~$108.6 million) at average price of $3,530. Dis strategic move dey show say crypto traders confidence dey increase. On-chain data reach two-year high of 931,000 daily active addresses for Ethereum network, supported by price wey dey rally pass $3,900, institutional inflows wey dey rise, plus more DeFi activity. Technical analysis show falling wedge for the 4-hour chart with target around $5,470, as RSI dey recover at 47.7 and bullish MACD crossover happen, wey mean new momentum dey come. All these bullish signs join with whale accumulation, mean say Ethereum fit continue e upward trend go near $6,000.

For di last six months, President Trump don quickly carry out im 2024 promise say e go build one "crypto-friendly America." During di election, him team con raise about $3 million for crypto donations — dem get big help from Gemini’s Winklevoss twins and Jesse Powell from Kraken. After him enter office, Trump government don begin take back some SEC rules wey Biden put, dem delay stablecoin monitoring, and dem come give guidelines to make domestic Bitcoin mining grow, make US share for global hashrate pass 31.5%. E still appoint crypto-friendly people like SEC Acting Chair Mark Uyeda, nominate Paul S. Atkins as chair, plus create Digital Assets & AI Office wey venture capitalist David Sacks dey lead. But Trump dey always pressure Fed Chair Jerome Powell openly and dey call for quick rate cuts, dis one dey make people worry about Federal Reserve independence. Dis mixed signals — make regulation easy on one side and monetary policy risk for di other side — mean say crypto traders get chance and uncertainty at the same time.

Gate US don quietly launch dia US arm afta dem secure money-transmission licenses for 23 states. Di platform dey focus on compliant crypto spot trading, e dey follow FinCEN registration (MSB#2272810) plus strong AML/KYC standards. Im current presence cover important Midwest and Southern markets—like Illinois, Georgia, and Michigan—while licenses for high-activity states like New York and California still dey pending. Gate US dey use Gate Group’s worldwide risk-control knowledge and local custody partnerships to make sure say assets dey stored on-shore. Di platform get phased strategy wey prioritizes core spot services first, before dem go roll out fiat rails and institutional OTC channels. By choosing compliance-first model instead of aggressive expansion, Gate US wan build trust and steady growth for regulatory environment wey SEC and CFTC dey watch. As US crypto market dey shift from quick gains to stable operations, Gate US licensed entry fit boost industry confidence and change how regional liquidity dey behave.

Whale Explorer, di digital art part of Ant Group, don launch new online digital art exhibition wey get 4,088 artwork. Di platform bring two model wey be 'pre-sale + public sale' plus e dey support small 'tipping' sales through blockchain, with artwork price wey dey between ¥8 and ¥28. Within just three hours after launch, all 4,088 pieces dem don reserve. Important people wey contribute na 87-year-old Chinese painting master Dai Dunbang and some recent Fine Arts Academy graduates. Whale Explorer plan to increase traffic support over the next year and build sustainable digital artist ecosystem. Dis digital art exhibition debut wey succeed show say blockchain-enabled art sales dey get more interest and e highlight Whale Explorer commitment to support digital creatives.

China tax oga dem now require make pipo declare tax on money dem make from oversea stock trading, dem dey put 20% personal income tax wey pipo gats file next year. Any investor wey dey trade oversea stock gats report di profit and loss, wey fit cancel each other for di same tax year but no fit carry go next year. If pesin no follow di tax rules, back tax, late payment fine, plus wahala fit follow. Tax people go use Common Reporting Standard (CRS) make dem strong for check oversea income. Traders suppose make tax declaration correct for compliance matter.

Gate Wallet don launch EPHYRA airdrop for their BountyDrop platform. Users fit enter EPHYRA BountyDrop campaign from “Discover” page for Gate Wallet App. If dem complete simple tasks, dem go fit collect rewards or enter lottery for token airdrops. Dis Gate Wallet EPHYRA airdrop campaign na e dey drive user engagement. Plus, for August 5, 8:00 pm (UTC+8), Gate Wallet plus Loop Space go run P Xiaojian live trading contest together. Teams wey register fit apply for 200 to 1,000 USDT official bonus funds. Total $80,000 USDT dey available, e go first-come, first-served base on how quick team them build and their activity level.

Decentralised Science (DeSci) dey use blockchain plus crypto incentives to change how research funding, execution and publication dey run. Early DeSci (v1) focus on decentralised funding through DAOs. Projects like Molecule’s Bio protocol born BioDAOs (VitaDAO, HairDAO, Curetopia) wey collect over $10 million together. Even though DAO treasuries get billions, token values plenty times dey higher pass actual funding, many BioDAO tokens drop over 90%. DAOs dey face coordination plus security wahala. Concentrated voting power, smart contract hacks (like 2016 DAO break and Web3 Foundation’s multisig loss) plus token-driven up and down dey slow research goals. DeSci v2 dey move pass just funding to solve participation, peer review and open publishing. Peer review pilots like Ants Review and Bacalhau’s compute-over-data platform still dey early stage. ResearchHub dey pay reviewers with $RSC and don fund 16 experiments with $650,000. Open repositories like ArXiv and Sci-Hub (wey dey try $SCI after $SCIHUB fail) dey give access but get legal risks. DeSci Labs and Protocol Labs dey join decentralised publishing with persistent identifiers (dPIDs) and edge computing via Bacalhau to improve data provenance and create API-enabled research objects. Even though DeSci funding get moderate success, token speculation dey overshadow real impact. Participation, review and publication still dey behind. Traders suppose watch out for overvaluation risk and project execution gaps. Short term, DeSci news no likely go make big market moves; long term infrastructure gains fit support steady adoption.