Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

According to CoinDesk data, TRON’s monthly stablecoin transfers have exceeded $600 billion, marking a record high for the blockchain. TRON’s low fees and fast transaction speeds have driven significant USDT transfer volumes, which account for the bulk of stablecoin activity on the network. In October, USDT transfers on TRON surpassed $550 billion, while USDC and USDD contributed roughly $25 billion and $15 billion respectively. TRON now handles more monthly stablecoin volume than Ethereum and BSC, illustrating a major shift in on-chain liquidity. This surge underscores growing demand for low-cost rails in DeFi and payments. Traders should watch TRX trading patterns and potential arbitrage between chains as stablecoin flows continue migrating to TRON.

CleanSpark Q3 earnings beat expectations after the Bitcoin miner reported a 91% revenue surge to $198.6 million and net income of $257.4 million. EPS reached $0.78, nearly quadruple forecasts. During the quarter, CleanSpark mined 2,012 BTC, generating average revenue of $98,753 per coin. The company expanded its hash rate to 50 EH/s—5.8% of the global network—and increased its BTC holdings to 12,703 without issuing new equity. Shares remained flat after earnings, rising less than 1% in after-hours trading despite industry-wide benefits from a 32% Bitcoin price rally. Miner reserves stabilized at 1.808 million BTC, indicating a hold-first strategy. Looking ahead, CleanSpark plans to leverage its U.S.-based infrastructure to grow market share as competition and regulatory pressures intensify. These CleanSpark Q3 earnings reflect strong operational momentum and bolster confidence in the Bitcoin mining sector.

Crypto analyst Melikatrader has identified a head and shoulders pattern on Solana’s daily chart. After SOL retraced below the $160 neckline, Solana price may retest and reclaim this level. If successful, this setup could trigger a rally toward the $219.84 target. An ascending trendline marked by higher lows further supports a bullish outlook for the Solana price. Alternatively, failure to break back above the neckline could push SOL price down to the next support at $136.34. Traders should watch the $160–$200 range for entry points and manage risk around these pivotal levels.

XRP retreated 5% to trade around $3.30 following a 13% rally driven by the conclusion of the Ripple-SEC legal battle. The drop came as traders locked in profits, sparking a high-volume selloff that saw 209.7 million XRP change hands in a single hour. Buyers defended the $3.20 support level, triggering a rebound and establishing resistance at $3.31–$3.33. The SEC and Ripple Labs jointly dismissed their appeals, providing long-awaited regulatory clarity. Meanwhile, Japan’s SBI Holdings filed for a Bitcoin-XRP ETF, hinting at fresh institutional demand. Key technical indicators include a confirmed support zone at $3.20, a potential bull flag above $3.28, and intraday volatility of 5.24%. Traders will watch for a breakout above $3.33 and renewed ETF inflows to gauge market direction.

CrediX, a Sonic-based DeFi lender, suffered a $4.5 million exploit on August 4 when a compromised admin account was used to mint unbacked acUSDC tokens, borrow against them, and drain the liquidity pool before bridging assets to Ethereum. Following the hack, Credix disabled its website, promised refunds, and claimed to have negotiated a return of funds within 24–48 hours. However, the team abruptly deleted its X account, went offline across all channels, and failed to fulfill refund commitments. The breach also impacted Stability DAO’s Metavaults, prompting projects such as Sonic Labs, Euler, and Beets to coordinate a formal legal report and compile evidence, including identities of two team members. This incident highlights rising exit-scam risks amid a record $2.7 billion in crypto theft in H1 2025. A full incident report is pending, but immediate recovery of funds remains uncertain, undermining investor confidence in emerging DeFi protocols.

XRP futures volume spiked 208% to $12.4 billion in 24 hours, surpassing Solana’s $9.6 billion, while open interest rose 15% to $5.9 billion. The positive funding rate signals heavy long bias in XRP futures, elevating liquidation risk if prices reverse. Korean retail investors fueled demand, acquiring over 10 million XRP tokens within minutes after Ripple lawsuit updates. Technically, XRP is testing critical support near $3.22—the .382 Fibonacci retracement and a key backtest zone. Holding this level is vital to sustain the bullish trend; a breakdown could trigger further downside, while a bounce could drive a retest of highs around $3.38. XRP trades around $3.30, down slightly over 24 hours but up over 10% weekly. Traders will monitor XRP futures positioning, funding rates, and regional retail activity as these factors converge at this make-or-break juncture.

Crypto optimism around Ethereum has surged after ETH topped $4,000 on Friday, triggering roughly $105 million in short liquidations. Analyst Ash Crypto identifies the $4,100 mark as the critical resistance level. A decisive break above this threshold could spark a fresh short squeeze, pushing ETH quickly toward $4,400–$4,500. Traders will watch volume and liquidation data closely for confirmation. While near-term momentum appears bullish, investors should remain alert for pullbacks at key psychological levels.

Vitalik Buterin, Ethereum co-founder, has reversed his earlier stance to endorse ETH treasuries for corporate reserves. In a recent Bankless talk, he praised ETH treasuries as “good and valuable” for diversifying balance sheets and boosting financial flexibility, while warning that overleveraging could spark volatility or an ETH price collapse. This marks a departure from his October 2024 criticism of Bitcoin stacking, which he then deemed contrary to crypto’s ethos. Buterin highlighted the importance of setting prudent exposure limits and balanced finance strategies to safeguard market stability and long-term growth in the Ethereum ecosystem.

Pendle’s price surged above $5, climbing to $5.40 after a 6.4% daily gain and 36% weekly increase. This rally coincided with the project’s total value locked (TVL) reaching a record $7.8 billion, up 56% over 30 days, underscoring growing liquidity and user confidence. Recent integrations with Ethena and Aave boosted capital efficiency: PT-USDe looping on Aave supplied over $3.3 billion in collateral in 20 days, while HyperEVM pools exceeded $100 million TVL. Boros launched on Pendle offering BTC and ETH funding rate trading, and Euler Finance added Pendle’s PT tokens as collateral. An AEON partnership also enables Pendle payments across 20 million merchants, expanding real-world use. Technical indicators show a bull flag breakout, with Pendle testing a macro wedge resistance; maintaining current support could fuel further upside. These developments highlight Pendle’s strengthened ecosystem, diversified yield strategies, and potential for continued growth in DeFi markets.

Recent Ethereum whale trading shows two major holders panicked and sold 44,086 ETH during market dips. One address dumped 5,504 ETH at an average of $3,599, raising $19.81 million. Another dropped 38,582 ETH at $3,548 for $136.89 million. As Ethereum rebounded, both whales repurchased tokens at higher prices. The first bought back 3,358 ETH at $3,828 for $12.85 million. The second rebought 1,800 ETH at $4,010, spending $7.22 million. These on-chain data underline sharp market volatility and suggest large holders re-enter at elevated price points. Traders should monitor Ethereum whale trading patterns and on-chain metrics for timely trading signals.

Binance has added XCX to its Alpha Projects lineup. This move marks an early-stage listing, offering users first-hand access to deposit and trade XCX before its formal launch. Participation in Binance Alpha Projects often signals strong exchange support and can enhance token liquidity and market visibility. XCX’s inclusion may attract traders seeking high-growth opportunities with low initial liquidity risk. Users should monitor the official Binance channels for deposit and trading timelines. As XCX integrates into Binance’s ecosystem, traders can expect improved market access and potential price volatility that could offer short-term trading opportunities. Keep an eye on XCX’s announcement channels to capitalize on the listing and manage risk effectively.

Huang Lizheng’s Ethereum trading strategy yielded a $3.6 million unrealized gain after deploying 25x leverage. This leveraged trading approach exemplifies the high-risk, high-reward dynamics in a volatile crypto market. Significant whale activity like Huang’s position can sway Ethereum price trends and overall market sentiment. Traders considering similar strategies should evaluate potential returns against liquidation risks and monitor market volatility and emerging trends.

Dogecoin rebounded sharply, climbing 29% from a $0.18 support level after falling from its recent high of $0.25. The cryptocurrency traded near $0.21, up 3% on the day but down 8% over the past week, with $1.2 billion in 24-hour volume. Analysts highlight $0.18 as a key demand zone. Holding this level could open the way to resistance at $0.22–$0.25, and a breakout may push Dogecoin toward $0.30. Large investors (‘whales’) bought one billion DOGE (about $200 million) in 24 hours, now holding nearly half of the circulating supply. Reduced market float and continued whale buying could support further gains. Traders also watch potential cryptocurrency ETF news for additional catalysts. Overall, market watchers see a bullish setup if Dogecoin sustains above its support zone.

In early August, biotech firm iSpecimen announced plans to allocate $200 million to its Solana treasury. The move is part of the company’s digital asset diversification strategy and reflects a broader trend: public companies’ demand for SOL assets surged 20× in 2025, rising from 173,000 to 3.44 million SOL (now valued at $647 million). Key treasury players include Upexi, DeFi Development Corporation, SOL Strategies and Neptune Digital Assets. Firms benefit from potential price appreciation, staking yields exceeding 7%, and DeFi strategies. Despite Bitcoin and Ethereum remaining dominant among corporate treasuries, interest in Solana treasury solutions is growing. SOL’s price cooled after mid-July profit-taking but showed bullish signals with long positions rebounding to 72%. Traders eye a break above $180 to confirm a recovery beyond the recent ~$200 peak.

Binance Alpha will list Xeleb Protocol (XCX) on August 11, opening trading for the new token. Eligible users can redeem Binance Alpha points for an XCX airdrop via the Alpha event page, with distributions available once trading launches. This listing underscores Binance’s ongoing efforts to integrate emerging projects and incentivize user engagement. Traders should prepare for potential price movements as XCX becomes tradable. Monitoring order books and liquidity levels at launch can identify early supply-demand dynamics. The listing and airdrop program may drive initial interest and volume in the token.

Coinbase has launched a decentralized exchange (DEX) service on its Base network. The decentralized exchange initially supports Base tokens with plans to integrate Solana (SOL) tokens soon. Base is Coinbase’s Ethereum layer2 solution offering low fees and fast transfers. Coinbase aims to expand token listings across networks to broaden user access and drive trading volumes. The move may generate additional revenue and deepen user engagement within the DeFi ecosystem. However, traders should be cautious. Opening the decentralized exchange to millions of tokens increases exposure to unverified and potentially fraudulent assets. Unlike centralized platforms, which conduct due diligence and delisting processes, a DEX may not filter risky tokens. Investors must perform thorough research before trading. Overall, Coinbase’s new DEX on Base, with future Solana support, marks a strategic expansion in decentralized finance. Traders can expect wider token access and evolving market dynamics.

Joe McCann, CEO of Accelerate and founder of Asymmetric Financial, has cancelled the planned Solana SPAC deal. The SPAC, which aimed to raise up to $1.51 billion through a combination of SPAC, PIPE, and bond offerings to support Solana’s treasury operations, was terminated without explanation on August 9, 2025. This cancellation has sparked doubts about institutional confidence in the Solana ecosystem’s infrastructure. Despite the aborted Solana SPAC, on-chain activity remains stable, with no significant SOL outflows or staking withdrawals. Asymmetric Financial’s 80% year-to-date losses are seen as a factor behind growing risk aversion among investors. Traders should monitor potential impacts on future funding, as institutional trust in Solana’s SPAC initiatives may be undermined.

Ether price surged past $4,000 for the first time since December 2024, hitting $4,060 after a 4.6% 24-hour gain. This move triggered roughly $105 million in short position liquidations. Analysts warn that breaking the $4,100 resistance could spark a short squeeze, potentially pushing the Ether price to $4,400–$4,500. The rally is driven by growing institutional interest and demand for Ether ETFs. Eric Trump cautioned traders against betting on further declines, highlighting the risks of bearish positions amid a bullish market. Traders are advised to monitor resistance levels and rising market sentiment for possible trading opportunities.

An ETH whale purchase was spotted five hours ago as wallet pfm.eth acquired 2,045 ETH at an average price of $4,057.6, spending 2.917M USDC and 5.39M USDT. This ETH whale purchase follows an additional on-chain buy of 2,802 ETH (worth $11.297M) over the past 24 hours at $4,032 each. The sustained accumulation by the whale highlights strong buying pressure that could buoy Ethereum prices in both the short and long term.

Recent years have seen a wave of high-profile crypto prosecutions in China, exposing major legal risks for traders. Courts have sentenced individuals for illegal forex trading using USDT, with sentences up to 13 years and fines over ¥1 million. In a separate case, a graduate who launched the BFF token on BNB Chain and instantly pulled liquidity was convicted of fraud, receiving 4.5 years in prison and a ¥30,000 fine. Smaller offenders face money-laundering charges for moving as little as ¥25,000 in crypto. Authorities also targeted pyramid schemes: one group raised over ¥210 million via token pools, resulting in sentences up to six years. Cases of concealing criminal proceeds and hacking victim wallets have led to additional criminal convictions, even when profits were under ¥150. These rulings underscore that rug pulls, OTC arbitrage, “running points,” or aiding illicit transfers can trigger severe penalties. Traders should be aware of enhanced enforcement and evolving legal definitions of crypto assets as property.

The ETF Store president Nate Geraci reports that institutional Ethereum purchases have reached $19 billion year-to-date. Spot ETFs accounted for $7 billion of crypto inflows, while corporate holders contributed $12 billion. These substantial Ethereum purchases highlight sustained demand through both spot ETFs and balance-sheet allocations, reinforcing market liquidity and confidence among investors.

An executive order would allow alternative assets—including crypto—into the US 401(k) retirement system. With 401(k) assets at $12.5 trillion and $8.7 trillion under management, a 1% allocation to crypto could unlock $87 billion in new capital. This crypto 401(k) expansion is poised to boost mainstream adoption and liquidity. DeFi adoption is surging in 2025. On-chain DEX derivatives volume has risen 11 times since 2022, driven by rapid growth of Fluid DEX, which briefly overtook Uniswap in daily ETH volume. Native stablecoin USDe has outpaced USDT and USDC in recent inflows. Innovative protocols like Altitude.fi (ALTI) now offer cost-efficient borrowing against liquid staking assets, while Ethereum spot ETFs continue to attract institutional funds. Meanwhile, Ethereum’s long-term scaling roadmap hinges on zero-knowledge proofs. Real-time proving—generating ZK proofs within each 12-second block—is under development. A planned protocol upgrade will decouple block validation from execution, enabling L1 throughput to rise without compromising security. Prover hardware targets remain accessible to individual operators. Together, these measures mark a transformative step for crypto 401(k) inflows, DeFi growth, and ZK-driven Ethereum scaling.

Stablecoin payments have surpassed $5 trillion in 2025, marking a 47% surge since the 2024 U.S. election. New data from Visa and blockchain analytics firm Allium shows over one billion stablecoin transactions valued at $255 billion, driven by investor optimism, regulatory clarity, and corporate use cases. However, FX fees—spreads, conversion charges, intermediary costs, and slippage—continue to inflate the cost of cross-border payments. Startups like BVNK, Thunes, and Aquanow are targeting underserved corridors, streamlining exotic routes such as Sri Lanka to Cambodia, and focusing on “last mile” on- and off-ramps. These firms highlight that while stablecoin payments aren’t always the cheapest, they offer faster, more capital-efficient transfers compared to traditional systems. Regulatory developments in the U.S., including the GENIUS Act and proposed standards for 1:1 backing and regular audits, could boost stablecoin supply by $25–75 billion. Banks and payment giants like Visa are exploring fiat-backed tokens to bypass SWIFT and settle transactions in minutes. Ripple’s $200 million acquisition of Rail and Thunes’s $150 million funding round underscore growing institutional adoption. As regulation, infrastructure, and new use cases converge, stablecoin payments are poised for continued bullish expansion.

Financial analyst Peter Brandt highlights a 97% decline in US dollar purchasing power since 1971, marking the end of the gold standard. He argues that this loss has spurred demand for alternative assets. In particular, Bitcoin’s limited supply and decentralized framework position it as a leading Bitcoin value store and inflation hedge. Brandt’s chart, showing decades of fiat currency devaluation, has reignited debate over Bitcoin versus gold for long-term wealth preservation. Investor interest in Bitcoin has grown, with both institutions and individuals increasing allocations to crypto portfolios. While traditional safe havens like gold remain relevant, many view Bitcoin value store potential as superior in protecting against currency devaluation. However, traders should consider crypto volatility and regulatory uncertainties. Brandt’s insights underscore Bitcoin’s emerging role in diversifying assets and preserving value.

Ethereum institutional adoption is surging, with firms and spot ETFs acquiring $19 billion of ETH so far in 2024. According to Nate Geraci, CEO of The ETF Store, dedicated Ethereum ETFs have bought $7 billion, while corporate and financial entities purchased $12 billion. This influx underscores growing confidence in Ethereum’s robust network and its key role in decentralized finance (DeFi). Market analysts, including VanEck’s Matthew Sigel, note a shift in crypto institutional investment beyond Bitcoin dominance. The rise of stablecoin settlements on open-source blockchains, primarily Ethereum, highlights its expanding utility as a programmable settlement layer. Institutions are no longer focusing solely on a store of value; they seek scalable infrastructure for complex financial applications. Key benefits of this trend include increased legitimacy, enhanced liquidity, accelerated infrastructure development, and pressure for clearer regulatory frameworks. For traders, the growing Ethereum institutional adoption signals stronger fundamental support and potential for reduced volatility over time. Staying informed on ETF inflows and stablecoin demand will be crucial for navigating Ethereum’s evolving market dynamics.

An on-chain analysis by blockchain researcher Yu Jin shows that a significant Ethereum whale address (0xD47…) withdrew 10,076 ETH (approximately $40.38 million) from Kraken six hours ago. The same address has accumulated a total of 49,928 ETH since July 19, currently valued at around $200 million, with an average entry price of $3,720 per ETH. Such major ETH withdrawals from centralized exchanges like Kraken often indicate a shift in liquidity or bullish positioning, potentially impacting market supply and price momentum. Crypto traders should watch Ethereum on-chain flows and Kraken’s ETH reserves for emerging trends and trading signals.

According to Arkham data, pump.fun has transferred 7,312 SOL (worth $5.6 million) into a fresh address. This move is part of its ongoing PUMP buyback program. In total, pump.fun has repurchased approximately $6.68 million in PUMP tokens. Following the latest SOL transfer, the address now holds funds earmarked exclusively for PUMP repurchases. Of the tokens acquired, roughly $5.72 million worth has been moved to the Squads Vault. The buyback strategy aims to reduce circulating supply and support PUMP’s price. Traders should watch for further SOL inflows and any token burns or vault distributions. Market participants often view large-scale PUMP buybacks as bullish catalysts that can lift token prices and sentiment.

Thumzup Media Corporation (NASDAQ: TZUP) has launched a Nasdaq share offering to raise capital for cryptocurrency investments and mining operations. The company plans to issue preferred shares at a par value of $0.001 to fund purchases of digital assets like Bitcoin (BTC) and Ethereum (ETH), acquire crypto mining equipment, and support working capital and general corporate purposes. This share offering aligns with Thumzup’s strategic diversification into high-growth digital assets markets, offering public investors regulated equity exposure to crypto. Success hinges on managing upfront hardware costs, ongoing energy expenses, market volatility and regulatory compliance. As institutional interest in cryptocurrencies increases, Thumzup’s move underscores a growing trend of Nasdaq-listed firms integrating digital assets into their business models.

Solana price shows signs of a strong rebound after testing support at $120, gaining 13.4% in under a week. The altcoin attempted to breach key resistance at $200 but retreated 20.2% to $155.83 before recovering in step with Bitcoin and Ethereum. Key resistance levels at $183, $200 and $225 will likely dictate the pace of any rally. Analytical forecasts suggest that overcoming the $200 barrier could propel Solana price towards $300 by the end of 2025. Market trends highlight a close correlation with Bitcoin and Ethereum movements, with bullish momentum driven by broader crypto market dynamics. Traders should monitor these resistance points and cross-asset trends to assess the strength of any breakout. If Solana price breaks above $200 support-turned-resistance, the path to $300 opens, underpinned by positive market sentiment and improving on-chain metrics. However, failure to hold above $183 could lead to further consolidation or a retest of lower support levels.