Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Harvard’s Bitcoin ETF investment has grown significantly after the university increased its allocation in BlackRock’s iShares Bitcoin Trust (IBIT) to $117 million as of Q2 2025. This makes Harvard’s Bitcoin ETF position its fifth-largest holding, overtaking its $114 million stake in Alphabet shares. IBIT, launched in January 2024, has become the fastest-growing spot Bitcoin ETF, amassing over $80 billion in assets under management and roughly 706,000 BTC. Daily trading volume surged to $5 billion in mid-July. Despite a recent 1% price decline to $66.13 per share and four straight days of net outflows by August 6, analysts foresee IBIT climbing to $77–$80 per share if market conditions improve. Harvard’s move, alongside Abu Dhabi’s $500 million-plus IBIT position, underscores robust institutional demand for Bitcoin ETFs and could fuel further Bitcoin price gains.

Whale and institutional accumulation of Ethereum (ETH) surpassed 1.035 million tokens, worth about $4.17 billion, as ETH soared 45% from $2,600 to $4,170. Arkham Intelligence data reveals large ETH transfers from Binance hot wallets to market maker Wintermute, scaling from 250–500 ETH to over 1,800 ETH per transaction. The rally pushed ETH up 6.6% in 24 hours and nearly 50% in 30 days, highlighting strong buying pressure. But analyst Michaël van de Poppe warns that buying at these highs may be risky and suggests shifting capital to promising projects within the Ethereum ecosystem.

BlackRock has confirmed it will not file for a spot XRP ETF or a Solana (SOL) ETF after the Ripple-SEC settlement. A spokesperson told The Block that these altcoin ETFs are not on its roadmap due to limited client demand and strict eligibility rules. This reinforces BlackRock’s focus on its existing spot Bitcoin (BTC) and Ethereum (ETH) ETFs in the US. Executives including Head of Digital Assets Robert Mitchnick and CIO Samara Cohen highlighted barriers such as regulatory criteria, liquidity requirements and investor profiles that make a spot XRP ETF or Solana ETF unlikely. Bloomberg analyst Eric Balchunas adds that expanding beyond BTC and ETH could yield diminishing returns for fund providers. While the SEC continues to review various altcoin ETF proposals, the lack of support from major asset managers like BlackRock reduces near-term catalysts for XRP and SOL. Traders should note that the absence of an XRP ETF and a SOL ETF may limit price upside but could also curb volatility, keeping attention on future regulatory developments and other ETF filings.

Core Scientific saw its Q2 Bitcoin mining revenue slump 62% year-on-year to $62.4 million. Hosting revenue dropped to $5.6 million, and gross profit plunged to $5 million. The planned all-stock merger with GPU cloud provider CoreWeave is pending shareholder approval and regulatory clearance. The deal aims to combine mining capacity and data centre operations to boost efficiency. Rising network difficulty, energy costs and BTC price volatility squeezed Bitcoin mining margins across the sector. Traders should watch for the shareholder vote on the CoreWeave merger and any cost-cutting measures as Core Scientific seeks financial recovery and potential upside in mining profitability.

Sygnum Bank has launched regulated institutional-grade services for the Sui blockchain. Since July 2025, the Swiss digital asset bank offers secure SUI custody, spot and derivatives trading, and lending with all assets held off-balance-sheet to ensure bankruptcy protection. By Q4 2025, clients can stake SUI and access collateral-backed Lombard loans. Sygnum Bank partnered with the Sui Foundation, with Managing Director Christian Thompson hailing the compliant infrastructure for boosting international institutional access. Co-founder and CEO Mathias Imbach said the integration of traditional finance expertise will support Sui’s treasury scaling and long-term stability. The announcement drove a 4% rise in SUI’s price to $3.82, highlighting bullish sentiment and underlining the growing trend of institutional crypto adoption.

World Liberty Financial is in advanced talks to raise $1.5 billion from major technology and crypto investors to form a publicly listed crypto treasury firm. The new entity will hold and trade the WLFI token—originally issued as a non-transferable governance asset—and already supports the USD1 stablecoin. The platform, launched by Donald Trump and managed by Eric and Donald Jr. Trump, raised $2.7 million in WLFI token sales in October 2024 and introduced its USD1 stablecoin in 2025. The fundraising aligns with the rise of digital-asset treasury companies (DATCOs) in the US, which now manage over $100 billion in crypto (93% in Bitcoin) and plan to raise an additional $79 billion for BTC purchases. Supported by recent pro-crypto policies—such as Trump’s executive order on 401(k) digital assets, the National Bitcoin Reserve and the GENIUS Act—World Liberty Financial aims to boost WLFI token liquidity, expand its crypto-lending app roadmap and attract institutional capital.

Chainlink (LINK) has soared over 32% this week, climbing from $15.43 on August 3 to an intraday peak of $21.46. At press time, LINK trades near $21.04, up 8.25% in 24 hours. The rally is fueled by intense whale activity, with large transactions surging 863% to 60.76 million LINK (about $1.21 billion) in a single day, according to IntoTheBlock. Meanwhile, Santiment reports a 4.2% increase in wallets holding 100,000–1 million LINK since early August, lifting their share of total LINK supply by 0.67%. Traders now eye key resistance levels at $26 and $30. Adding to bullish sentiment, Chainlink launched its on-chain Chainlink Reserve on Ethereum. This smart contract has already amassed over $1 million in LINK tokens from off-chain revenue and on-chain fees, signaling strong network growth and long-term sustainability.

Bitcoin dominance has fallen to 45%, marking a two-week low as institutional investment and growth in crypto ETFs fuel a rotation into altcoins. Dogecoin (DOGE) and XRP saw rallies of around 10% and 8% respectively, driven by growing ETF momentum and structural market shifts. While Bitcoin (BTC) price remains stable on continued institutional buying, traders are targeting utility-focused altcoins, anticipating increased volatility and liquidity across secondary tokens. Monitoring Bitcoin dominance trends and altcoin performance can help traders identify entry points and manage risk amid a potential altcoin season.

Ethereum price jumped 7.7% to $4,205 after breaching the $4,238 resistance level, marking its top gain among major cryptocurrencies. Despite a brief false breakout on the hourly chart, the coin holds above the $3,941 barrier on higher timeframes, reinforcing bullish momentum. Traders should watch $4,093 as key support; a sustained hold may fuel a push toward $4,400 in the short term and test $4,500 by month-end. Analysts recommend using the Average True Range (ATR) to gauge volatility and momentum. This Ethereum price rally reflects renewed investor confidence, likely drawing both short-term momentum traders and long-term holders.

Glassnode co-founders Jan Happel and Yann Alleman identify a strong Ethereum accumulation phase, with price dips on Fridays and Saturdays over the past 30 days marking prime weekend buying opportunities. They argue that if Ethereum accumulation leads to a sustained $4,000 support level, it could trigger a robust rally. This view is reinforced by Bitcoin network growth indicators—which last surged in early April and preceded a 100% ETH gain—underscoring the predictive power of BTC metrics for ETH price movements. Currently trading near $3,955 (+3.2% in 24h), Ethereum’s price action aligns with these bullish signals. Traders should closely watch the $4,000 support test and consider weekend accumulation strategies to position for a potential breakout.

World Liberty Financial, backed by the Trump family, is advancing plans to raise $1.5 billion through a public listing of its WLFI token. The firm aims to secure this financing via a reverse takeover of a shell company, creating a listed vehicle to hold and trade WLFI tokens. Originally non-transferable governance tokens, WLFI tokens will become open-market assets under the new structure. World Liberty also issues the USD1 dollar-backed stablecoin and provides crypto lending services. It has introduced a USD1 Points Program to reward trading, staking and holding of its stablecoin. The proposal underscores strong institutional interest in crypto fundraising and altcoin projects. Traders should monitor WLFI token liquidity risks and the complexities of the reverse takeover process.

Crypto analyst Javon Marks spots a long-term falling wedge pattern in Cardano’s (ADA) chart that began in early 2025. The breakout above the wedge has fueled a bullish outlook, driving ADA up to around $0.80 by 8% in 24 hours and over 10% weekly. Marks predicts a 52% rally to $1.20 in this Cardano price prediction. A confirmed breakout could trigger a larger bull cycle, potentially pushing ADA towards $2.90—a 261% gain. Key resistance levels to watch are $0.99, $1.10 and $1.20. Critical support lies between $0.61 and $0.68, with zones at $0.64 and $0.70 shaping near-term momentum. Trading volume near $1.71 billion underscores renewed interest. Despite a 31% drop in daily volume, ADA has climbed nearly 30% in the past month. Community sentiment ranks second among major cryptocurrencies, reflecting robust confidence. Traders should monitor a sustained volume uptick and a confirmed wedge breakout above resistance to validate this Cardano price prediction and leverage potential short- and long-term upside.

XRP’s MVRV ratio has flashed a rare golden cross, a bullish signal that historically preceded rallies of 630% and 54%. This technical breakout follows Ripple and the SEC jointly dropping appeals in their five-year lawsuit, boosting market confidence. XRP traded near $3.32, up 12% over the past week. On the derivatives side, 24-hour futures volume surged 208% to $12.4 billion—surpassing Solana (SOL)—while open interest rose 15% to $5.9 billion. If this bullish momentum continues, traders may test resistance at $3.66 and target $5.11 for a 54% gain or even $24 for a 630% rally. Key support levels lie at $3.00, $2.96 and the 50-day simple moving average of $2.76. Positive funding rates suggest higher liquidation risk for shorts in the short term. These factors position XRP for a potential bullish run, making price targets and technical levels critical for traders.

VivoPower International PLC plans a $100 million Ripple investment to boost its XRP exposure and shareholder value. Pending Ripple’s approval, VivoPower will acquire Ripple shares directly from existing stakeholders and continue buying XRP tokens. This Ripple investment strategy combines equity and token holdings, making VivoPower the first US public company to diversify its digital asset treasury with both Ripple equity and XRP. BitGo will provide custody services, while Nasdaq Private Market handles share transactions. An independent auditor will review holdings quarterly. Based on Ripple’s escrowed XRP, VivoPower estimates an implied acquisition cost of $0.47 per XRP—an 86% discount to market price. Management forecasts each $10 million in Ripple shares could add $5.15 per VivoPower share, subject to market volatility. The announcement drove VivoPower shares up 32.12%, with a further 4.51% gain in after-hours trading. The move underscores growing corporate interest in diversified digital asset treasuries. Meanwhile, South Korean custodian BDACS launched regulated XRP custody services via Ripple Custody.

Coinglass data shows ETH futures liquidations have surged alongside wider crypto futures. In the past hour, $139 million was liquidated—$133 million in short positions—led by ETH at $114 million and BTC at $8.15 million. Across 24 hours, ETH futures liquidations soared to $229 million, with shorts accounting for $207 million and longs $22.2 million. This wave of forced liquidations highlights elevated market volatility and a powerful short squeeze as Ether’s price climbed unexpectedly. Traders should monitor margin levels, funding rates and order book imbalances for continued volatility and potential price momentum.

XYZVerse meme coin surged 3300% in its presale, raising over $15 million. The token price climbed from $0.0001 to $0.005 in early rounds. The next presale stage offers XYZVerse at $0.01, with a final close price of $0.02. Upon listing on major CEX and DEX platforms, a target listing price of $0.10 could yield up to 1000× returns for early investors. The project roadmap includes strategic CEX and DEX listings, regular token burns, and 10% of total supply reserved for airdrops. XYZVerse combines sports and Web3 with gamified products and an on-chain sportsbook. This utility positions the token for strong community growth among sports fans and crypto traders. Market context sees Bitcoin (BTC) preparing for its 2025 halving, which may tighten supply, while Ethereum (ETH) advances through Proof-of-Stake, Layer 2 rollups, and future sharding. Cardano (ADA) focuses on energy-efficient staking and low fees, and Solana (SOL) competes on speed and cost for gaming and high-throughput projects. Analysts say XYZVerse’s performance could trigger the next altcoin rally, though they warn that market cycles and regulatory factors may affect long-term stability.

Coinbase has launched an in-app DEX trading feature for select U.S. users (excluding New York), allowing direct swaps of Base network tokens without waiting for centralized listings. The Coinbase DEX trading engine aggregates liquidity from protocols like Uniswap and Aerodrome via DEX aggregators, offering optimal pricing, sponsored gas fees, and trading from Coinbase balances or USDC. This Coinbase DEX trading rollout supports initial listings such as Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs and Super Champs, with phased additions of Base-native tokens over the coming weeks. Following the launch, Aerodrome Finance’s AERO token surged over 28%, underlining the impact on on-chain activity. Coinbase plans to extend DEX trading to Solana and expand geographic access, aiming to boost liquidity, on-chain trading volume and DeFi adoption among US retail traders.

Ethereum price rallied sharply on OKX, breaking past the $4,200 level and peaking at $4,214.96 before settling near $4,200. This Ethereum price surge represented a daily gain of up to 6.2% and underscored strong buying momentum at a key technical breakout. Traders are watching whether ETH price holds above $4,150–$4,200 to confirm the uptrend. Key resistance lies near $4,300, with broader targets around $4,400–$4,500. The surge was fueled by positive market sentiment, sustained ETF inflows, and robust on-chain demand. Despite potential short-term consolidation, the bullish outlook remains intact as investors reallocate portfolios.

Cardano (ADA) gained 4.88% in the past 24 hours, with trading volume surging 74% as BTC struggled to clear $117.5K resistance. ADA tested the 61.8% Fibonacci retracement at $0.673 before reclaiming the June high of $0.73 as support. On-chain metrics, including a Chaikin Money Flow (CMF) reading of +0.06 and a MACD above zero, signal continued buying pressure and bullish momentum. Targets based on Fibonacci extensions and late-2024 resistance stand at $1.03 and $1.20. On the 2-hour chart, ADA flipped the $0.78 resistance into support, reinforced by the Money Flow Index (MFI) and CMF. Traders should watch the $0.755 support level for potential entries. If ADA maintains this level, further upside toward $1.03 and $1.20 becomes likely. Market participants will track BTC’s next move to assess the sustainability of this rally.

World Liberty Financial, backed by the Trump family, is exploring a $1.5 billion Nasdaq listing for its WLFI tokens through an acquired shell company. The planned Nasdaq listing would convert the firm into a digital asset treasury. It mirrors MicroStrategy’s model of holding crypto reserves. This follows $550 million raised in two public WLFI token sales. Former President Trump disclosed $57.4 million income from selling 15.75 billion WLFI tokens in June 2025. Major backers include Tron founder Justin Sun ($30 million) and Web3Port ($10 million). Launched in 2024, World Liberty already issues a USD1 stablecoin and is developing a crypto-lending app, underscoring growing institutional demand for stablecoin platforms and DeFi treasury strategies.

An ETH short squeeze wiped out $105M as Ether surged past $4,000. Short liquidations made up 53% of total crypto short liquidations, with $199.6M canceled out across markets. Over 24 hours, combined ETH long and short liquidations hit $129.2M. ETH peaked at $4,060 before settling near $4,015. Traders now eye a breakout above the $4,100 resistance level. A decisive move could trigger another ETH short squeeze toward $4,400–$4,500. Spot Ethereum ETF inflows reached $537M over four days, supporting the rally and indicating rising institutional demand. On X, Eric Trump noted ETH shorts were “smoked”. Analyst Ash Crypto flagged $4.1K as critical, while trader Moustache pointed to a bullish wedge pattern. Fundstrat’s Tom Lee compared this rally to Bitcoin’s 2017 run and set a $16,000 target. This event underscores robust bullish momentum and a positive Ethereum market outlook.

LD Capital founder Jack Yi has set an Ethereum price target of $5,000 after ETH cleared its $4,000 resistance. He also forecasts the ETH/BTC ratio rising to 0.1, underscoring Ethereum’s strength against Bitcoin. Yi advises traders to buy on dips and use dollar-cost averaging to optimize entry during pullbacks. He expects upcoming interest rate cuts to spark a quality altcoin season and highlights tokens such as ENA, AAVE and UNI for potential tenfold gains. This Ethereum price target reflects strong bullish sentiment and offers a clear roadmap for traders to manage risk and capture market gains.

An overleveraged ETH whale opened 70,000 ETH in short positions on July 28 and rolled perpetual contracts instead of taking profits, despite $12.25 M in unrealized gains by August 3. A chain of forced liquidations and triggered stop losses whittled the position to 12,500 ETH before a final liquidation at $4,095, crystallizing a net loss of about $19 M. The ETH whale has since reopened over $127 M in ETH shorts, raising liquidation risk and straining market liquidity. Traders should brace for heightened market volatility and reevaluate leverage and risk management strategies.

Over the past 24 hours, Dogecoin (DOGE) rallied 4% as whale accumulation exceeded $200 million, lifting price from $0.22 to a peak of $0.23. This Dogecoin rally attracted strong bid-side volume of 262.2M DOGE at $0.22 support. Supply pressure and peak selling volume of 780.9M DOGE at the $0.23 resistance zone triggered profit-taking. Late-session institutional selling led to a brief 1% pullback to $0.227, underscoring short-term volatility. Technical indicators highlight $0.22 as a key floor and $0.23 as a near-term ceiling. Traders should watch for a decisive break above $0.23 for continued bullish momentum or a retest of $0.22 support.

BlackRock’s proposed Solana ETF has sparked a market fairness debate. ETF analyst James Seyffart warns that late entry could undercut smaller ETF issuers like VanEck, Bitwise, Grayscale and Fidelity who prepared applications with the SEC months earlier. The SEC has delayed Solana ETF approvals and requested amendments, prolonging regulatory review. If demand for a standalone Solana ETF proves weak, BlackRock may pivot to a broader crypto index product covering multiple assets. NovaDius president Nate Geraci suggests BlackRock is watching competitors and could opt in once market appetite is clear. With Bitcoin and Ethereum making up about 90% of crypto market cap, traders view this development as a neutral event for Solana ETF prospects while highlighting competition, regulatory delays and product strategy in the evolving crypto ETF sector.

Bitcoin spot ETF net inflows reached $404 million on August 8, marking the third consecutive day of positive flows and the largest single-day investment since July 17. BlackRock’s IBIT led with a $360 million inflow, while Fidelity’s FBTC and Grayscale’s mini BTC saw $30.49 million and $13.41 million, respectively. Cumulative assets under management for IBIT and FBTC now stand at $57.786 billion and $12.028 billion. Total AUM of all Bitcoin spot ETFs climbed to $150.697 billion, or 6.48% of Bitcoin’s market cap, with historical net inflows of $54.426 billion. These sustained inflows signal growing institutional adoption and strong investor confidence in Bitcoin spot ETF products. Traders should monitor ETF net flows as a key market sentiment indicator, as continued demand may support Bitcoin price stability, though volatility persists.

Ethereum spot ETFs attracted a record $461 million net inflow on August 8, marking the fourth straight day of purchases. BlackRock’s ETHA led with $255 million, lifting its cumulative inflows to $9.848 billion. Fidelity’s FETH added $132 million, raising total inflows to $2.375 billion. Overall assets under management for Ethereum spot ETFs reached $23.384 billion, or 4.77% of ETH’s market cap. Sustained institutional demand for regulated Ethereum exposure without self-custody concerns has driven these net inflows. Traders should monitor ETF flows as a key sentiment indicator, as continued gains could underpin ETH price momentum and influence market volatility.

Former Montenegro Justice Minister Andrej Milović has proposed issuing €500 million in five-year government bonds to fund a national digital reserve of Bitcoin and Ethereum. He aims to establish a public crypto treasury. Milović predicts the reserve could grow to $3–5 billion over five years. He cited U.S. precedents and forecast strong Bitcoin and Ethereum price gains by 2030. The plan highlights Bitcoin’s role as a store of value and “digital gold”. It also underscores Ethereum’s importance in decentralized finance and smart contracts. Milović brings credibility from his leadership in investigating Terraform Labs founder Do Kwon after the Terra-Luna collapse. Supporters argue a Bitcoin and Ethereum reserve would diversify state assets. They expect it to boost economic growth, attract blockchain talent, and signal technological leadership. However, market volatility, regulatory uncertainty, and security risks remain key challenges. For success, the proposal requires a robust legal framework and comprehensive risk management. If approved, Montenegro could become a pioneer in government-backed crypto investment and strengthen confidence in national crypto strategies.

Swiss banks Sygnum and Amina have rolled out regulated custody, trading and lending services for the SUI coin to professional investors. Sygnum now allows clients to hold, trade and borrow against SUI under Swiss financial rules, while Amina claims to be the first regulated bank globally to back SUI’s native token. The announcements doubled daily trading volume to 36.45 million SUI and lifted the price by 4% to $3.82, as traders defended key support around $3.73. Developed by Mysten Labs, the Sui network uses an “objects” data model for high-speed, low-cost transactions. Expanded institutional access through Swiss banks signals growing confidence in SUI and may drive both short-term momentum and long-term on-chain and enterprise adoption.