Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

AguilaTrades holds a 15x leverage ETH short position of 30,001 ETH (≈ $128.45 million), with a liquidation threshold at $4,383.66 and critical liquidation points around $4,258 on Binance. As Ethereum’s price climbs, rising funding rates on Binance and Bybit signal bullish sentiment, placing the aggressive 15x leveraged ETH short at heightened liquidation risk. A series of forced liquidations could spark amplified market volatility and sharp price swings. Traders should monitor liquidation levels, funding rates and exchange-specific volatility to manage risk effectively in this high-leverage environment.

Bitcoin price dipped from a brief $122K peak to under $120K, trading near $119K after losing momentum on August 11. Volatile CPI data today may intensify crypto market swings: higher inflation could delay Fed rate cuts, while softer figures might trigger a rally. Bitcoin’s market capitalization fell to about $2.36 trillion, and its dominance rose to 58.6%. Ethereum held near $4,300, marking a 45% monthly gain. Despite modest advances by Bitcoin Cash, TRON, and Toncoin, most altcoins sank sharply. Story (IP) plunged 16%, Bonk (BONK) and Pudgy Penguins (PNGU) slid 12%, and Pi Network (PI) dropped 7%. The total crypto market cap slid 2% to $4.04 trillion. Traders should monitor Bitcoin price trends and CPI outcomes, as monetary policy expectations remain key drivers for both short-term volatility and long-term market direction.

Ethereum has maintained its price above $4,200, trading around $4,303 after a slight 1% rise in 24 hours. The rally is driven by strong spot ETH ETF inflows, which attracted $327 million last week, and growing corporate treasury demand. Notable investments include SharpLink Gaming’s purchase of 52,809 ETH (~$220 million) and BitMine Immersion’s holdings exceeding $2.9 billion. Technical indicators on the 4-hour chart show bullish momentum, with RSI at 67 and positive MACD. Ahead of this week’s U.S. inflation reports (CPI and PPI), analysts predict a possible breakthrough of the $4,891 all-time high and a first-time test of $5,000. If selling pressure emerges, support levels lie at $4,150 and $3,874. Market observers still forecast a long-term target of $6,000 for Ethereum.

Little Pepe has entered Stage 9 of its presale at $0.0018, marking the latest milestone in its sold-out eight-stage fundraising that raised $15.75 million. The memecoin runs on a dedicated Layer 2 blockchain designed for ultra-low fees, anti-sniper bot protection and near-instant finality. Its zero-tax tokenomics allocates 26.5% to presale, 10% to liquidity, 30% to reserves, 10% for DEX listings, 13.5% for staking rewards and 10% for marketing. A recent security audit rated the project 81.55/100. Little Pepe is already listed on CoinMarketCap and is preparing listings on major centralized exchanges. A $770,000 giveaway demonstrates team confidence, while a clear roadmap positions Little Pepe ahead of schedule. With a 2025 price target of $2 (implying 1000× growth), the project offers high-potential yields. Key trading drivers include presale momentum, Layer 2 utility and planned exchange listings.

PENGU won Kraken’s Meme Coin Showdown with $21.4 million in trading volume, outperforming DOG and BONK. As the contest prize, the Pudgy Penguins mascot will be featured on Williams Racing’s FW47 during the Singapore Grand Prix. On the charts, PENGU trades around $0.036, supported by the 20-day EMA, and is forming a bullish pennant marked by narrowing highs and lows after July’s rally. A confirmed breakout above $0.0395–$0.0400 could target the late-July high near $0.045 and the psychological $0.050 level, implying potential gains of 25% and 39% from current levels. Conversely, a drop below $0.0312 would invalidate the pattern.

ETH ETF inflows soared to a record $1.01 billion in a single day, pushing total inflows to $10.85 billion. BlackRock’s ETHA led with $639.8 million. These ETH ETF inflows and massive whale buying reflect rising institutional demand. An anonymous whale created 10 new wallets to amass 312,052 ETH, worth $1.34 billion, from FalconX, Galaxy Digital and BitGo. Nasdaq-listed BitMine also expanded its treasury with 316,000 ETH, bringing its holdings to $4.96 billion. BitMEX co-founder Arthur Hayes purchased 1,750 ETH for $7.43 million. These combined inflows and whale accumulation supported Ethereum above $4,300 despite short-term volatility. ETH remains 12% below its all-time high of $4,891, signaling strong demand and potential for further upside.

Analysts highlight Tron and Solana as the best crypto coins to buy for 2x ROI. Expert Javon Marks predicts TRX could rally over 220% to $1.11 in the coming months. Bullish technical setups and momentum suggest Tron is primed for a breakout. Solana is seen as undervalued between $120–$186. Analyst Cardzz sets a target range of $350–$400 for SOL, while Kamran Asghar forecasts up to $460. On-chain data shows SOL faced resistance at $185; a clear break above $200 could trigger a new bull phase. Unilabs (UNIL) emerges as a top altcoin. The AI-powered platform offers the AI Market Pulse tool for real-time insights and a staking program yielding up to 122% APY. With $12.5M raised in its ICO and strong AI and DeFi integration, Unilabs is projected to deliver 5x gains. These best crypto coins to buy combine technical strength, undervaluation and innovative AI solutions, offering prime opportunities as altseason approaches.

US President Donald Trump has ordered a steep increase in tariffs on Indian imports, raising duties to 50% from August 27 and planning a 100% tariff on semiconductors and chips not made in the US. This move, in retaliation for India’s continued purchase of Russian oil, marks the highest duty rate among major Asian partners and signals a shift toward protectionism. Industry experts warn the tariffs will drive up costs for hardware startups, data centers, AI and IoT firms, and semiconductor manufacturers dependent on US-made components and cloud services. Rising import prices and supply chain disruptions may squeeze profit margins, delay scaling plans, and erode investor confidence in India’s tech and Web3 ecosystems. The tariffs also cast doubt over the US-India TRUST initiative, which aims to foster collaboration in AI, semiconductors, quantum computing and other emerging technologies. Companies are now urged to diversify markets, boost automation, and reassess funding strategies amid heightened policy uncertainty, potentially stalling long-term innovation and private investment.

Ripple Labs and the US SEC have agreed to drop their appeals, ending a years-long legal battle and removing uncertainty for XRP. At the same time, the US-China tariff truce has been extended by 90 days, easing macroeconomic tensions. Technically, XRP is consolidating near $3.14. The $3.10 level acts as support, while $3.35 forms immediate resistance. A decisive break above $3.35 on strong volume could open the path to the $3.80–$4.00 zone. Conversely, a drop below the $2.86 lower Bollinger Band may trigger a retest of $2.50. These twin catalysts and technical signals point to a bullish outlook for XRP in the coming weeks.

One week after Hong Kong’s new stablecoin regulations took effect on August 1, the local over-the-counter (OTC) market saw a 32.94% drop in USDT trading volume, according to Bitrace. Daily USDT transfers from merchant addresses fell by 43.20%, while non-merchant transfers declined 30.65%. Faced with stricter licensing requirements, some OTC operators are applying for official stablecoin licenses, while others are shifting to underground channels. The regulatory move aims to tighten compliance and enhance market transparency, but it has temporarily curtailed liquidity in Hong Kong’s informal trading segment.

ZK-Rollups have proven their value by scaling Ethereum through efficient batch transactions. Yet, zero-knowledge (ZK) technology’s promise goes far beyond mere TPS gains and lower gas fees. Traders should watch three high-potential ZK fields: 1) Verifiable Computation – ZK proofs validate complex off-chain AI or financial models without rerunning them, unlocking DePIN, DeSci and ZKML use cases; 2) Decentralized Identity (ZK-DID) – selective disclosure of credit scores or age for DeFi and DAO governance without revealing full personal data; 3) On-chain Privacy – “controllable transparency” through privacy layers like Aztec or privacy-first chains like Aleo. This shift positions ZK as the bridge between AI and crypto, driving deeper adoption and digital sovereignty. Traders may find new entry points as protocols expand beyond rollups into AI-crypto integrations and privacy-enhanced DeFi.

Kakao plans to issue a Korean won (KRW) stablecoin on its merged Layer1 blockchain, Kaia, aiming to integrate payment, remittance, and on-chain settlement services for its 49 million monthly active users. Kaia merges Klaytn and LINE’s Finschia networks, offering low latency and gas fees. In early August, Kakao filed four trademarks—KRWGlobal, KRWGL, KRWKaia, and KaKRW—with KIPO, positioning the KRW stablecoin as a bridge to dollar and yen stablecoins. Sangmin Seo, chair of the Kaia Distributed Ledger Foundation, highlighted that users and merchants will access DeFi protocols directly within Kakao ecosystem apps. However, South Korea’s stablecoin legislation remains unsettled. The government’s Digital Asset Basic Act draft allows qualified issuers to mint KRW-pegged tokens, while the central bank favors bank-issued stablecoins and deposit tokens on public chains. Proposed bills differ on interest-bearing deposits but agree on 100% reserve requirements. Market analysts warn that a KRW stablecoin must demonstrate clear use cases beyond domestic payments, especially to reduce cross-border friction under strict FX controls. The launch timeline hinges on licensing, reserve mandates, interest rules, and banks’ roles.

Ethereum co-founder Vitalik Buterin has proposed a new Ethereum address recovery feature to strengthen wallet security and streamline account recovery. The feature lets users designate trusted addresses that can restore access if keys are lost. This approach aims to reduce the risk of permanent asset loss and boost user confidence in Ethereum’s digital asset management. Buterin’s proposal could simplify wallet restoration and mitigate common security pitfalls. Adopting an Ethereum address recovery feature may attract new participants by addressing the barrier of key mismanagement. As the Ethereum ecosystem evolves, this account recovery method could set a precedent for secure wallet protocols. Market participants will monitor community feedback and technical development for potential adoption.

On the DEX Hyperliquid, whale trader AguilaTrades reversed course after three failed 15x ETH short positions that accumulated roughly $3.7 million in losses. The trader has now opened a new 15x leveraged long position of 10,000 ETH at an entry price of $4,318.12 with a liquidation price set at $3,851.90. This bold move underscores the volatility and high stakes of leveraged trading on decentralized exchanges. While such a leveraged long can amplify gains, it equally magnifies losses if prices move unfavorably. Traders should watch on-chain data for market signals, conduct independent research, and employ strict risk management strategies—such as stop-loss orders and prudent position sizing—before following whale activity.

Shiba Inu (SHIB) is trading within a narrow range, forming a potential technical squeeze between the 50-day EMA as support and the 100-day EMA as resistance. The token recently bounced off the $0.000012 support level, reflecting renewed bullish momentum. Short-term trading volume has increased, indicating stronger buyer participation. A decisive break above the 100-day EMA near $0.0000135 could trigger a bullish breakout toward $0.000014 and higher. Conversely, failure to hold the 50-day EMA near $0.000012 may lead to a retest of the $0.0000118–$0.0000115 support zone. Traders should monitor these key support and resistance levels to gauge SHIB’s next directional move.

The SEC has officially ended its high-profile Ripple lawsuit. The action clears allegations over $1.3 billion in unregistered XRP sales. Hester Peirce and former chair Paul Atkins announced a strategic shift. They will focus on crafting clear crypto regulations under the “ProjectCrypto” initiative. Peirce noted this will free resources for regulatory policy work. Atkins stressed the need for rules that balance innovation and investor protection. Ending the Ripple lawsuit also signals a wider push for regulatory clarity. Traders can expect a more transparent framework for XRP and other tokens. Clear rules could reduce legal uncertainty and boost market confidence. The move may accelerate crypto adoption by US firms and investors. Overall, the case closure and regulatory push point to a bullish outlook for XRP traders seeking stability and growth in the market.

Experts question whether investing $1,000 in XRP and ADA is worthwhile at current prices. XRP trades above $3.1, marking an 8% weekly gain, but declining volumes and teetering support at $3.0 raise downside risks. ADA’s $28 billion market cap and 15% monthly rise to $0.80 limit its upside despite surging volumes. In contrast, Unilabs Finance stands out. Unilabs Finance (UNIL) presale tokens at $0.0097 are projected to yield 415% gains at launch. The token blends AI and DeFi, features staking, governance, and a 30% fee-sharing model. With $30 million in assets under management, Unilabs Finance offers a bullish narrative for traders seeking high upside.

Traders are bracing for the upcoming US CPI report as US inflation figures will shape Federal Reserve policy and direction for the US dollar (USD). The dollar has softened in anticipation of the CPI release. A hotter-than-expected US inflation print could trigger a dollar rally, rising bond yields, equity volatility, and headwinds for risk assets including cryptocurrencies. Conversely, cooler inflation may weaken the USD, lower yields, and potentially support equity and crypto markets due to cheaper borrowing costs. Meanwhile, the British pound (GBP) has strengthened. Persistent UK inflation and a hawkish Bank of England outlook have driven GBP gains. Investors should track interest rate differentials, central bank signals, and forex volatility. Diversification, risk management, and understanding USD-crypto correlations are vital. Overall, US inflation data will be the key catalyst for forex and crypto traders, influencing both short-term market volatility and longer-term policy expectations.

XRP whales accumulated 900 million XRP over 48 hours as the token held steady around $3.19. This large-scale buying by wallets holding 100M–1B XRP reflects growing market confidence and often precedes solid price action. As XRP whales continue buying during price stability, technical analysis shows that XRP’s daily chart printed an inverted hammer after a three-day drop from $3.38. The daily RSI remains above the neutral 50 mark, keeping bullish momentum intact. Key resistance levels sit at $3.38 and $3.66, while support aligns with the 50-day moving average near $2.81. A clear rebound above $3.38 could trigger a rally toward $4. Conversely, a break below $2.81 may weaken the current uptrend. Traders should watch whale accumulation, price stability, chart signals and turnover, which exceeded $8.39 billion in the past 24 hours, to gauge the potential for a near-term breakout.

XRP has broken out of a seven-year double bottom pattern at the $1.80 neckline and successfully retested that level. Analyst Gert van Lagen projects a primary upside target at $34, based on the 2.00 Fibonacci extension of the formation. The recent rally cleared XRP’s previous all-time high of $3, suggesting a significant shift in long-term momentum. Technical indicators support this bullish outlook. The monthly MACD shows a strong upward trend, with the MACD line at 0.58318 above the 0.41917 signal line and a positive histogram of 0.16402. The monthly RSI stands at 74, indicating overbought conditions, but past cycles sustained rallies despite elevated RSI readings. Seasonal analysis also favors additional gains, as XRP historically posts its strongest rallies in the final quarter, particularly from late November into December. Crypto traders should watch for continued buying pressure above key support levels. A confirmed move toward $34 would mark one of the largest upward swings in XRP’s history. Short-term volatility may arise due to overbought signals, but the overall bias remains bullish.

In 2017, blockchain investor Li Xiaolai dubbed EOS a “seven-year bet,” fueling Block.one’s landmark ICO that raised $4.2 billion. Touted as an “Ethereum killer,” EOS promised high throughput and zero fees but soon faced governance centralization under DPoS, resource model breakdowns and accusations that Block.one diverted funds into U.S. Treasuries, Bitcoin holdings and the Voice social platform. Frustrated, the EOS community launched a fork rebellion in 2021, forming the EOS Network Foundation (ENF). By December, ENF froze Block.one’s remaining 68 million EOS tokens, executed a hard fork to the community-led Antelope protocol and rebranded the network as Vaulta with Ethereum-compatible EVM support and grant funding via Pomelo. Meanwhile, Block.one invested part of the ICO proceeds into Bullish, a regulated exchange led by ex-NYSE president Tom Farley and backed by investors like Peter Thiel. Bullish acquired CoinDesk for $70 million in 2023 and is preparing a NYSE IPO targeting a $5 billion valuation, with institutions such as BlackRock as cornerstone investors. This seven-year journey highlights divergent paths in crypto: community-driven decentralization versus capital-driven compliance and institutional scaling.

BitMine executed a structured PIPE financing and three rounds of targeted purchases to accumulate 833,137 ETH in just 35 days, surpassing SharpLink’s long-standing position as the largest corporate ETH treasury. By leveraging cash + warrant + ETH subscription, lock-up periods, and transparent disclosures, BitMine timed its buys around market dips, achieving an average entry price of $3,491 per ETH. Each weekly announcement—first $250 million in funding and 150,000 ETH, then 266,000 ETH, and finally 272,000 ETH—created a narrative cycle that lifted both its stock price (up 900% to $41) and spot ETH volumes. Galaxy Digital, ARK Invest, and Founders Fund backed the deal and provided OTC structuring, custody, and settlement services to minimize price slippage. SharpLink’s OG strategy of slow, cost-efficient accumulation (mostly between $1,500–$1,800 per ETH) and conservative disclosure left it reactive. In contrast, BitMine’s narrative-driven model actively manufactured market recognition, redefining ETH as an institutional financial asset with Wall Street-caliber reporting. Tom Lee’s bullish commentary on ETH as a corporate balance-sheet asset reinforced this shift. The battle marks a power transfer in ETH pricing authority from early crypto-native holders to narrative-savvy institutional players. Traders should watch for continued narrative-fueled inflows and rising institutional adoption as key bullish drivers for ETH.

On August 12, Hong Kong virtual asset ETFs traded a total of HKD 47.65 million. Huaxia Bitcoin ETF recorded HKD 16.21 million in turnover, while Huaxia Ethereum ETF led with HKD 26.44 million. Smaller volumes were seen in Harvest’s Bitcoin and Ethereum ETFs (HKD 1.09 million and HKD 1.05 million respectively) and Bosera’s Bitcoin and Ethereum ETFs (HKD 0.64 million and HKD 2.18 million). All funds feature HKD and USD counters; only Huaxia’s ETFs offer RMB counters. These figures highlight liquidity distribution among Hong Kong virtual asset ETFs, offering traders insights into asset flows and fund popularity.

From August 11 to September 10, 2025, Gate is rolling out its VIP Navigator Plan. New users who register via agent links and meet the trading volume requirement to upgrade to a designated VIP level will unlock exclusive rewards: a Gate-branded gift box including a hoodie and baseball cap, plus 50–100 USDT in contract trading credits. During the same period, agents can earn up to 5,000 USDT in cash rewards. The top-ranking agent—determined by the number of invitees who achieve VIP5 or above—will also receive one F1 race ticket. Gate VIP status further grants lower fees, dedicated services, and priority access to high-value events. This multi-tiered incentive aims to boost trading activity, enhance user experience, and drive agent-led growth on the platform.

Bitcoin has stalled below the key resistance of $122,056, forming a potential double top—a bearish pattern signalling buyer exhaustion. After two failed attempts to sustain gains above $122K and a pullback to $111,982, a decisive break below that neckline could trigger a sell-off toward $100,000. Traders should monitor resistance at $122,056 and support levels at $114,295 (50-day SMA) and $111,982. This setup echoes an earlier Bitcoin double top near $100,000 that led to a drop under $75,000. With U.S. CPI data imminent, Bitcoin’s vulnerability to a hotter-than-expected inflation report may intensify selling pressure and dampen Fed rate cut bets. Short-term traders may adopt defensive positions, while long-term holders should watch macroeconomic indicators and confirm technical signals.

The Winklevoss brothers allocated $220 million in Bitcoin to American Bitcoin Corp., a Trump-linked mining venture co-owned by Hut 8 and American Data Centers. The private placement, oversubscribed, included roughly $10 million in shares purchased directly with BTC. This investment deepens the twins’ financial ties with Donald Trump Jr. and Eric Trump, following an earlier $2 million campaign donation. American Bitcoin Corp. emerged from a merger with Hut 8 and plans to combine with Gryphon Digital Mining to create a Nasdaq-listed subsidiary under ticker ABTC. Pending shareholder approval by September, the merger aims to scale Bitcoin mining operations and build substantial BTC reserves. Hut 8 CEO Asher Genut highlights the group’s competitive edge in mining. Donald Trump Jr. confirms that mining and holding Bitcoin will be core strategies. The deal signals growing institutional support and confidence in Bitcoin mining amid shifting US crypto policy.

Ethereum’s recent rally above $4,000 has ignited renewed bullish momentum across altcoins, notably Avalanche (AVAX) and Chainlink (LINK). AVAX reclaimed key support at $21.50 and climbed above $24—up nearly 4%—backed by institutional commitments from BlackRock ($240 million) and VanEck ($100 million), plus the “Octane” upgrade reducing fees by 42% and boosting network speeds for DeFi, gaming and payments. LINK broke past $21 on heavy volume after launching the Chainlink Reserve, an on-chain strategic fund to strengthen sustainability. Integrations by Mastercard and JPMorgan have driven whale accumulation and higher transaction activity. Analysts are now eyeing mid-cap MAGACOIN FINANCE for its meme-driven branding, rapid presale adoption and large wallet inflows from AVAX and LINK holders. With historical trends favoring early-stage projects in bull markets, MAGACOIN FINANCE could emerge as one of Q4’s biggest winners if current momentum persists.

On August 12, Whale Alert reported a BTC transfer of 2,155 BTC (approximately $257 million) from Binance to Ceffu, an institutional-grade custody platform backed by Binance. This BTC transfer highlights Binance’s internal asset management and dedication to enhanced crypto security. Ceffu provides advanced safeguards, including multi-party computation and segregated cold storage, reducing hacking risks and ensuring regulatory compliance. Such large moves typically reflect operational rebalancing rather than market sell-offs. Tracking by Whale Alert offers transparency into whale activity, giving traders insights into institutional flows. Overall, this BTC transfer underscores the growing professionalization of crypto custody services and supports long-term confidence in the security infrastructure for large-scale Bitcoin holdings.

Bitcoin long-term holders have cut their daily sales below $1 billion, down from over $1 billion in July. Data from Glassnode shows holders aged 3–5 years now sell only hundreds of millions. On-chain metrics support the shift: Binary Coin Days Destroyed has fallen to zero, while the CryptoQuant fund flow ratio stands at 0.057, indicating reduced exchange inflows and rising buy interest. Trading volume surged 33% to $79 billion, and Bitcoin trades within $3,000 of its all-time high at $123,091. Spot markets saw $51 million in net purchases over the past day, reversing a $242 million sell-off on August 10. Sustained accumulation by Bitcoin long-term holders may drive a new price discovery phase near $120 K. Traders should watch on-chain data and exchange flows for confirmation.