Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Seattle-based Neon Machine has secured $19.5 million in a funding round led by Gala Games, with additional support from Griffin Gaming Partners and Polychain Capital. The capital will finance the global launch of Neon Machine’s award-winning FPS game Shrapnel. The developer plans to enter China’s market with closed beta testing in 2025, followed by open beta in early 2026. Despite earlier rumors of financial strain, this infusion underscores robust investor confidence in blockchain-based gaming. Crypto traders can note Gala Games’ continued backing as a bullish indicator for its native GALA token, with potential market activity driven by heightened anticipation around Shrapnel’s rollout.

BitPay integrates Solana blockchain into its payment platform, enabling support for SOL, USDC, and USDT. With this update, BitPay integrates Solana support alongside existing networks, reinforcing its stablecoin payment capabilities and providing users and merchants with faster, lower-cost transactions. Users can buy, store, send, receive, swap, and spend Solana-based assets directly in the BitPay Wallet. Payments from external Solana wallets (Phantom, Solflare, Backpack) are also supported, with Solana-based payouts planned for a future release. Luxury retailer The 1916 Company has begun accepting SOL payments through BitPay, highlighting Solana’s efficiency and low fees. This integration comes as major payment networks such as Visa and Fiserv adopt Solana for stablecoin settlements, further cementing Solana’s position in mainstream finance.

Monero has slid sharply into oversold territory after losing its point of control, with price now approaching a critical $226 high-time-frame support zone. This level aligns with a bullish order block and could spark a short-term relief rally if buyers defend it on a weekly close. However, the absence of a capitulation volume spike means a bottom is not yet confirmed. Traders should watch for increased buying volume at $226 to validate a technical bounce. Failure to hold this pivot would likely extend the downtrend and push Monero toward lower structural lows. Key indicators include volume profile signals, support confluence, and relief rally potential. Monitoring these factors will help assess whether Monero can stabilize or resume its decline.

SHIB burn rate surged 48,247% on August 13 after a single whale wallet burned 85.8 million Shiba Inu tokens. This sharp rise in the SHIB burn rate coincided with a 6% daily gain in Shiba Inu’s price, underlining the close link between token burns and market sentiment. Although another whale burned 600 million SHIB just days earlier, and a smaller 18 million burn occurred on July 29, token burns alone rarely drive sustained rallies. Instead, SHIB’s short-term price action remains tied to Bitcoin’s movements: its drop from $0.000014 to $0.000011 in late July mirrored Bitcoin’s slide below $122,500. Traders should watch the SHIB burn rate alongside broader crypto indicators when assessing Shiba Inu’s medium- to long-term outlook.

Nasdaq-listed crypto mining firm Bitdeer reported a 39% rise in Bitcoin output for July. The company produced 282 BTC, up from 203 BTC in June. This boost in BTC production elevated its total Bitcoin holdings to 1,667 BTC by month-end. Bitdeer’s July performance reflects improved mining efficiency and expanded infrastructure. Investments in advanced mining rigs and optimized energy sourcing drove the higher Bitcoin output. Favorable network conditions, such as stable network difficulty and transaction fees, also supported production gains. Growing BTC production and Bitcoin holdings strengthen Bitdeer’s asset base and financial flexibility. These reserves can serve as a liquidity buffer and a hedge against market volatility. Looking ahead, Bitdeer faces the upcoming Bitcoin halving event, rising energy costs, and environmental scrutiny. Nonetheless, its focus on operational efficiency and renewable energy positions it well in the evolving mining sector. Traders should watch how Bitdeer’s consistent output could influence BTC supply dynamics and market sentiment.

Bitcoin leverage has surged to its highest level in over five years, with the 30-day Estimated Leverage Ratio (ELR) surpassing the +0.4 threshold historically linked to peak volatility. At roughly $119,669, BTC futures positions have become heavily leveraged, signaling a market primed for sharp swings. The Miners’ Position Index (MPI) fell 118% in a single day to -0.48, indicating reduced miner selling that could ease near-term selling pressure. Meanwhile, whale activity remains strong: Large Holders’ Netflow jumped 234.4% over the past week, suggesting major players are accumulating. However, the long/short ratio tilts slightly bearish at 51.82% shorts versus 48.18% longs, reflecting growing expectations of a pullback. Key liquidation clusters between $118,800 and $120,500 add another layer of risk, as price often gravitates toward these liquidity pockets, triggering forced position closures. The combination of extreme leverage and concentrated liquidity zones raises the probability of a rapid market shakeout, despite supportive signals from reduced miner outflows and whale accumulation. Traders should watch leverage metrics and liquidation levels closely to manage risk in the current high-volatility environment.

Institutional investors are increasingly engaging in Bitcoin accumulation via corporate treasury strategies and spot ETFs. Data shows Strategy purchased 155 BTC at $116,401 each, bringing its total to 628,946 BTC. Japan’s Metaplanet acquired 518 BTC for $118,519 apiece, raising its holdings to 18,113 BTC. Smaller treasuries like Matador and Smarter Web Company also boosted their Bitcoin stacks. Meanwhile, Bitcoin ETFs recorded over $1 billion in net inflows during a five-day streak, with a peak of $403.9 million on August 8. ETF assets under management now total $155.02 billion, representing 6.48% of Bitcoin’s market cap. These ongoing net inflows and corporate buys act as bullish catalysts, supporting Bitcoin’s price around $119,300. Traders should watch institutional demand and ETF flows as key market drivers.

XRP holders can now secure daily passive income through BlockchainCloudMining’s XRP stable mining contracts. The platform enables users to invest crypto—XRP, BTC or ETH—for cloud mining contracts without hardware or maintenance. Daily returns reach up to $8,777, with no management or service fees. Contracts range from a $100 introductory plan yielding $6 over 2 days to a $33,000 contract offering $26,400 over 40 days. Through these XRP stable mining contracts, investors tap into consistent daily earnings while diversifying crypto portfolios. BlockchainCloudMining ensures security and transparency with on-chain audits, real-time tracking of computing power and earnings, plus a referral program granting up to $50,000 in bonuses. A $12 registration bonus kick-starts earnings on day one. Future plans include NFT mining, DeFi staking and cross-chain pools. By converting XRP into a yield generator, stable mining contracts may reshape crypto asset management and drive XRP demand.

Capriole Investments founder Charles Edwards reports that institutional funds made up 75% of Coinbase Bitcoin trading volume yesterday. Historical data shows that when institutional share on Coinbase exceeds 75%, BTC prices typically rise within a week. Meanwhile, U.S. inflation data met expectations, reinforcing the Federal Reserve’s intention to cut rates next month. Markets now price in up to three rate cuts this year, with a potential 50 basis point cut at a single meeting. The surge in institutional activity on Coinbase Bitcoin markets, combined with looming Fed rate cuts, suggests renewed buying pressure and sets the stage for a near-term Bitcoin rally.

Block Inc, the payment service provider led by Jack Dorsey, plans a private $1.5 billion senior bond issuance. The senior bond funding will bolster corporate operations, including debt repayment, potential acquisitions and strategic deals. Block’s Bitcoin-focused units—Bitkey and Proto—offer self-custodial wallets and bitcoin mining products. This bond issuance underlines Block’s commitment to open finance and aims to strengthen its position in the bitcoin ecosystem. Traders should monitor bond yields and market reaction, as debt issuance can affect Block’s valuation and funding costs in both traditional and crypto markets.

A significant Ethereum whale (address 0xe42…08A) that acquired 6,918 ETH at an average price of $3,613 in November has sold 2,501 ETH on Binance for approximately $11.71 million. After nine months of holding, the whale realized an overall profit of $7.6 million on its entire 6,918 ETH position. The move signals selective profit-taking while maintaining a substantial 4,417 ETH stake, underlining both market confidence and prudent risk management. Crypto traders should note this strategic partial sell-off: it reflects liquidity needs or short-term price resistance near current levels, yet sustained holdings suggest bullish long-term sentiment toward Ethereum.

Little Pepe and Dogecoin represent two distinct memecoin strategies for the 2025 bull run. Dogecoin offers established brand power, widespread exchange listings, and potential 2–3× returns if prices rebound to $1. However, its proof-of-work model lacks Layer 2 upgrades, staking, or DeFi features, capping its upside. By contrast, Little Pepe is in Stage 9 of a presale at $0.0018 with a listing target of $0.005, suggesting an immediate 3× lift. Certified by CertiK, Little Pepe is building a sniper-resistant Layer 2 chain designed for meme projects. The ecosystem plans include a meme Launchpad, staking rewards, zero transaction tax and major CEX listings at launch. A $500 allocation would buy roughly 277,000 LILPEPE tokens, offering higher growth potential than 1,000 DOGE tokens from a $500 Dogecoin purchase. For traders seeking high upside and blockchain utility within memecoin markets, Little Pepe provides audited code, DeFi-ready infrastructure and a clear roadmap. Dogecoin remains a legacy asset, but Little Pepe’s Layer 2 focus and presale pricing make it the smarter $500 bet in 2025’s memecoin landscape.

Solana price surged past the $200 mark, reclaiming a key psychological level amid renewed altcoin optimism. Over the past 24 hours, SOL jumped 15.4% to trade near $201.71, with intraday swings between $174.20 and $201.58. Breaking $200 removed major barriers, leaving the July high of $206.32 as the next resistance. Technical indicators show support at $195.26 and critical levels between $187.71 and $184.67. A breach below $173.43 would signal a medium-term reversal toward the June–August trendline near $163.37. However, the hourly MACD is bullish and RSI sits above 50, confirming positive momentum. On-chain metrics reveal heightened whale activity, with over 226,000 SOL moved to exchanges in recent days. Notably, one large holder sold 71% of its SOL, while an Alameda Research wallet unstaked $35 million worth of SOL, adding short-term supply. Despite these pressures, the net position metric remains supportive above the $170 mark. Traders should watch the $170 support and the $206.32 resistance. A successful breakout above $206.32 may propel Solana price toward the March 2024 peak at $210.18 or higher targets at $222.66 and $230.32. A failure to hold $170 could trigger deeper corrections.

Pseudonymous analyst Yashasedu predicts a major bullish move for Ethereum price based on Bitcoin’s performance. He identifies four key Bitcoin price scenarios and corresponding ETH price targets: 1. Bitcoin at $150,000 (up 25% from ~$119,335): Ethereum could hit $8,500 at a 35% market cap ratio or trade between $5,376 and $7,420 at 21.7–30%. 2. Bitcoin at $135,000: ETH may reach $7,790 at 35% or fluctuate between $4,834 and $6,678 at 21.7–30%. 3. Bitcoin at $125,000: ETH could climb to $7,200 at 35% or trade in the $4,479–$6,183 range at 21.7–30%. 4. Bitcoin holds near current levels (~$119,335): Ethereum might still rise to $6,800 at a 35% market cap ratio. Drawing on 2017 and 2021 bull cycles—when ETH reached 30–36% of Bitcoin’s market cap—the analyst argues that history could repeat, making these Ethereum price targets feasible.

US Treasury Secretary Scott Bessent has urged the Federal Reserve to implement a 50 basis point Fed rate cut in September, arguing that current rates are 150–175 basis points too high. Cited by Bloomberg, Bessent’s proposal aims to boost economic growth by reducing borrowing costs for businesses and consumers. A cut of this size could lower mortgage and loan rates, strengthen equity markets, and weaken the dollar—though it may also stoke inflation. While the Fed independently weighs data on inflation, employment, and GDP, Bessent’s call adds pressure ahead of the September meeting. Crypto traders should note that lower interest rates and the prospect of a Fed rate cut often drive capital toward riskier assets, potentially lifting cryptocurrency valuations as traditional yields fall.

Crypto analyst Steph Is Crypto flagged the second-largest XRP whale inflows to Binance on record. A CryptoQuant chart shows whale-to-exchange transaction volumes alongside XRP’s price, currently near $3.2. Two major spikes — one earlier and the recent surge — mark peaks of over 65,000 tokens moved. Large XRP whale inflows often precede increased liquidity and possible volatility, but they can also reflect internal transfers, hedging, or market-making. Without data on sell orders or net exchange balances, the intent remains unclear. Traders should monitor Binance’s XRP reserves, consecutive inflows, and shifts in trading volume. A sustained rise in reserves with dominant sell-side volume may signal distribution by whales, potentially bearish. Conversely, stable prices and tapering inflows could indicate short-term repositioning. This analysis aims to guide traders in tracking critical exchange metrics ahead of potential market movements.

ETH surged to $4,700, approaching its all-time high, after mining company Bitmine announced a $20 billion investment plan. The move has reinvigorated trader interest in Ethereum, sparking a notable price rally. The news underlines growing institutional confidence and may boost network staking and development activities. Ethereum’s market capitalization climbed accordingly, while trading volumes spiked as momentum traders entered the market. Analysts predict this catalyst will reinforce bullish sentiment, potentially driving ETH towards a new record high. However, traders should monitor profit-taking and volatility as the market adjusts to the influx of capital.

Macroeconomist and analyst Henrik Zeberg warns that the crypto bubble is inflating toward a peak of around $12.95 trillion by late 2025 or early 2026, before experiencing a sharp collapse. Drawing on past cycles in 2017 and 2021, Zeberg highlights a rising wedge formation—a bearish technical signal—suggesting the end of the current uptrend. His projection shows the crypto market value plunging to about $93 billion from roughly $4 trillion today. While acknowledging possible short-term gains under the crypto bubble scenario, Zeberg urges investors to exercise caution and use historical boom-and-bust data and key technical indicators to manage risk effectively.

Crypto analyst Rekt Capital notes that Bitcoin has reclaimed its Bull Flag pattern by holding above the former resistance and ending recent downside deviations. The key support at $119,000 must hold to confirm the breakout, while the dynamic resistance near $126,000 needs to be breached within the next one to two weeks to accelerate the rally. If BTC clears $126,000, the $160,000 target remains in play under its ongoing Price Discovery Uptrend 2. Failure to do so may trigger a corrective phase — dubbed Price Discovery Correction 2 — but won’t derail the long-term bullish outlook. Traders should monitor the 119K support and 126K resistance levels closely as they will shape Bitcoin’s near-term trajectory toward six-figure prices.

Platform tokens have historically delivered outsized returns when exchanges deploy token burn programs to reduce supply and signal growth. In 2021, Binance (BNB), Huobi (HT), OKX (OKB) and FTX (FTT) burned billions in token value. BNB’s record $595M burn propelled its price from $37 to $690, while OKB and HT climbed nearly 10x. FTT’s weekly burns drove gains until its collapse in 2022. Fast forward to 2025, the platform token landscape remains active. OKX’s one-time burn of 65.25M OKB (locking total supply to 21M) sparked a 186% rally in hours. OKB now serves as gas on X Layer, OKX’s zkEVM L2. BNB surged from $250 to over $800 thanks to the Binance Alpha launch, network upgrades and institutional adoption, cementing its ecosystem token status. BGB also registered double-digit gains on ecosystem milestones. The article reviews the 2021 token burn wars and assesses whether 2025’s token burns and protocol upgrades can fuel another 10x rally. Traders should watch supply-management events, L2 launches, and regulatory milestones as catalysts for platform token price action.

Blue Origin now accepts crypto payments for its New Shepard suborbital flights, enabling customers to book seats with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tether (USDT), and USD Coin (USDC) via wallets like MetaMask or Coinbase Wallet. Through a partnership with Shift4 Payments, all crypto payments convert instantly to U.S. dollars, supporting global 24/7 transactions without bank transfers. Since 2021, over 75 passengers—including Justin Sun’s $28 million auctioned seat—have flown, and this integration complements PayPal’s recent crypto merchant tools and follows SpaceX’s substantial BTC holdings. This move simplifies high-value purchases, bypassing international banking hurdles, and signals crypto’s growing mainstream adoption in luxury markets. Traders should watch for increased Bitcoin utility and positive perception effects.

AI-powered crypto wallets integrate machine learning, natural language processing, predictive analytics and behavioral biometrics into digital asset management. These next-generation wallets monitor transactions and device identifiers in real time to detect fraud, block high-risk activities and automate routine trades under user-defined rules. Core features include an AI fraud detection engine, predictive analytics dashboard, voice and chat assistants, risk-based authentication and auto portfolio rebalancing. Retail investors receive market alerts and automated profit-taking, institutions monitor multi-wallet operations and liquidity risks, DeFi users optimize staking and yield farming, and NFT holders detect counterfeits before purchase. Challenges such as data privacy, false positives and user complexity remain. Future trends point to AI-driven account abstraction for gasless multi-chain management, post-quantum security, AR/VR wallet interfaces and seamless cross-chain swaps. By marrying blockchain’s decentralization with AI intelligence, these wallets set a new standard for security, convenience and personalized trading insights.

Crypto traders are targeting under-the-radar memecoins poised for major breakouts. Top picks include $TROLL, forecast to hit a $1B market cap, and $USDUC, a satirical “unstable stablecoin” with viral potential. Community favorites $TOKABU and $NEET aim for $100–200M caps as consolidation grows. Ecosystem plays on Pump.fun and BonkFun such as $USELESS and $CUPSEY are surging through platform synergies and streamer integrations. Laid-back $CHILLHOUSE builds momentum quietly, while the absurd $FARTCOIN taps meme sentiment with “hot air rises” branding. Drivers include new volume farming tools, liquidity concentration, Gen Z’s anti-establishment culture, and low-cost trading on Solana. Smart risk management suggests allocating 5–10% of capital to these volatile memecoins. Traders should watch social signals, holder growth, and accumulation patterns. Memecoins offer asymmetric upside but carry extreme risk; only invest what you can afford to lose. Early entry is crucial—biggest gains often occur before wider attention.

US banking groups led by the Bank Policy Institute (BPI) and backed by the American Bankers Association are urging Congress to close a loophole in the GENIUS Act that allows crypto exchanges and affiliated issuers to offer interest-bearing stablecoins. They warn that retaining this gap could trigger up to $6.6 trillion in outflows from traditional bank deposits into yield-bearing stablecoins, undermining banks’ core lending capacity and overall financial stability. Stablecoins now account for $280 billion of the $22 trillion US money supply, with USDT and USDC holding over 80% market share. Unlike bank deposits or money market funds, stablecoin issuers do not fund yields through loans or securities, heightening liquidity risks during economic stress. The US Treasury projects the stablecoin sector could grow to $2 trillion by 2028, amplifying systemic vulnerabilities unless regulatory gaps are closed.

Three leading crypto presales—BlockchainFX (BFX), Bitcoin Hyper (HYPER) and Nexchain (NEX)—are capturing investor attention ahead of the next bull run. BlockchainFX has raised $5.27 million at $0.019 per token, nearing its $5.5 million soft cap. With a live trading and staking platform, multiple security audits, KYC compliance, a Visa card for liquidity, and a 30% bonus code, BFX targets a $0.05 launch price (163% gain) and a $5 long-term value (26,000% gain). Bitcoin Hyper’s presale price of $0.01265 leverages the Bitcoin brand with a faster, energy-efficient blockchain. It projects a 200–400% ROI post-launch if network adoption meets expectations. Nexchain, priced at $0.10, combines AI and blockchain to automate smart contracts and analytics, with an estimated 150–300% ROI in year one. A side-by-side comparison highlights presale prices, launch targets, ROI estimates and purchase options. While HYPER and NEX offer solid upside, BlockchainFX’s functional product and explosive long-term potential make it the standout buy for traders seeking maximum ROI.

Crypto presales are heating up in 2025 as investors seek early-stage opportunities with strong growth potential. Leading the pack is AurealOne (DLUME), a Web3 gaming platform integrating NFTs and skill-based competitions. In its fifth presale phase, DLUME is priced at $0.0013 and has raised over $3 million toward a $50 million goal. Next is DexBoss (DEBO), a Solana-based smart wallet and analytics tool for tracking whale activity and market trends. DEBO’s token is available at $0.0115 in stage two of its presale. Other notable crypto presales include Snorter Token (SNORT), powering a Telegram trading bot for meme coins; Vorn AI (VRN), an AI-driven DePIN and real-world asset tokenization ecosystem; and Remittix (RTX), a Web3 PayFi bridge for low-cost cross-border payments. Each presale offers unique utility: SNORT for sniping and scam protection, VRN for resource sharing and fractional asset ownership, and RTX for instant fiat payouts across 30+ countries. Meanwhile, Bitcoin (BTC) continues to strengthen institutional adoption, maintaining its status as the market’s store of value. Overall, these crypto presales combine innovative technology and real-world use cases, suggesting a bullish outlook for early backers.

The Blockchain Futurist Conference will make its US debut in Miami on November 5–6, 2025, at DAER Dayclub and Hard Rock Guitar Hotel. Over 300 industry leaders—including TRON founder Justin Sun, BitGo CEO Mike Belshe, Pudgy Penguins CEO Luca Netz, Sapien co-founder Trevor Koverko, Eliza Labs founder Shaw Walters and SingularityNET COO Janet Adams—will share insights on crypto, blockchain and Web3. This US debut coincides with evolving US regulations such as the GENIUS Act and the SEC’s Project Crypto. Major sponsors Tangem Wallet, Nexa, Dolorean Labs and ZDKL back the event, while media partners Blockchain North and Genzio will provide live coverage. At the Blockchain Futurist Conference, traders may watch for three low-cap tokens spotlighted for their utility and high APYs: 1. Best Wallet Token (BEST): Native token of a non-custodial wallet supporting 1,000+ assets on Ethereum, Polygon and BSC. Presale at $0.0255; staking offers 92% APY; governance rights and planned crypto debit card suggest 182%+ returns. 2. Vertical AI (VERTAI): Powers a no-code AI platform with Vertical Stream, Studio and Cloud. Available at $0.37; used for services, staking and governance; value surged 30% after a strategic partnership. 3. Maxi Doge (MAXI): Meme coin targeting gamified tournaments and futures with 1,000x leverage. Presale at $0.000252; over $803K raised; 352% APY staking. This Miami US debut of the Blockchain Futurist Conference could drive market attention and provide bullish catalysts for these projects. DYOR.

Bitcoin has rallied sharply toward its all-time high, but on-chain indicators show caution. Net Taker Volume, which tracks the difference between taker buy and sell volumes in derivatives markets, remains deep in negative territory over the past 30 days. On-chain expert Darkfost notes that declining buy-side pressure and increased seller aggression could signal short-term headwinds, despite the bullish price trend. Traders may choose to wait for a rebound in Net Taker Volume before accumulating more Bitcoin. Meanwhile, realized volatility in the past three months plunged to 29.79%, its lowest since September 2023, according to Glassnode. Bitcoin’s current low volatility compares unfavorably to previous bull cycles, where it often exceeded 80%. At the time of reporting, Bitcoin traded around $119,400 with a modest 0.27% daily gain. However, trading volume rose nearly 4%, reflecting growing bearish sentiment among investors. Overall, the mixed signals between price action, Net Taker Volume, and volatility suggest caution for traders navigating the current Bitcoin rally.

Stripe has named Matt Huang, co-founder of venture firm Paradigm, as CEO of its new blockchain project, Tempo. Tempo is a high-performance, payments-focused layer 1 network that runs Ethereum-compatible code. Stripe’s move reflects a trend toward stablecoin-focused blockchains, following oversubscribed token sales by Plasma and the Tether-backed Stable. The stablecoin sector’s market capitalization stands at $270 billion, bolstered by the U.S. GENIUS Act. Details on Tempo’s launch date and token model remain pending. Huang, who helped manage $12.7 billion in assets at Paradigm, has backed projects like Uniswap and Fireblocks.