Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Tron (TRX) trades in a clear bullish accumulation pattern, forming consecutive higher highs and higher lows. The 50-day moving average supports price, while a $0.31 demand zone was successfully retested. Volume-backed breakout potential is rising ahead of the swing high. Sustained bullish accumulation and healthy volume trends point to further upside. A close above $0.43 resistance could accelerate momentum toward new highs. Maintaining the vertical accumulation structure and holding above $0.31 will be critical for traders. Volume analysis indicates strong buyer commitment, reducing the risk of a sharp pullback. TRX’s next target is $0.43, and a break with volume may lead to rapid gains.

The GENIUS Act marks a significant shift in global finance by breaking the long-standing monopoly of major banks and regulators over dollar clearing. By recognizing USD-denominated stablecoins such as USDT and USDC, the GENIUS Act diversifies access to ‘clean dollars’ and undermines surveillance-based regimes rooted in the Bank Secrecy Act and PATRIOT Act. This landmark legislation does not eliminate taxes on Bitcoin or legalize DeFi outright but instead channels stablecoin-driven dollarization to reduce financial imperialism and strengthen monetary freedom. It also rebuffs overreaching CBDC mandates by including anti-CBDC provisions. The GENIUS Act’s passage follows intensified crypto lobbying, legal wins like the Bitcoin ETF approval, and the exposure of dollar weaponization limits during sanctions on Russia. Traders should note the potential for increased stablecoin adoption, broader liquidity channels, and a more open financial landscape as key implications.

US municipalities and states are increasingly restricting crypto ATM operations in response to a surge in fraud and criminal use. Municipal bans in Stillwater, MN, and Spokane, WA, join transaction caps and licensing rules across multiple states, including Arizona, Arkansas, Colorado, Iowa, Maine, Maryland, Minnesota, North Dakota, Nebraska, Oklahoma, Rhode Island, Vermont, and Wisconsin. Common measures include daily limits of $1,000–$2,000 for new users, mandatory refunds for fraud victims, ID collection, operator registration, and prominent fraud warnings. The FBI reported nearly 11,000 crypto ATM fraud complaints worth over $246 million in 2024, with seniors heavily targeted. These regulations aim to curb illicit activity via crypto kiosks but could impede business growth for operators as compliance costs rise.

Analysts warn that Bitcoin buyer exhaustion may trigger a market pullback as retail interest shifts to altcoins. The crypto asset sentiment index jumped from 0.23 to 0.91, while Google searches for Ethereum and other altcoins hit multi-year highs. Spot Bitcoin dipped below $118,000 after US Treasury Secretary’s comments on the Strategic Bitcoin Reserve sparked short-term volatility. The Crypto Fear & Greed Index moved from greed to neutral at 59, indicating elevated but not euphoric sentiment. Experts expect Bitcoin buyer exhaustion to set the stage for a correction in August, followed by an altcoin season in September. Coinbase Institutional forecasts a shift towards altcoins as Bitcoin and Ether prices stabilize. The altcoin season index rose to 42, signaling growing momentum. Analysts predict 100–150% gains for leading altcoins. With an SEC decision on a Solana ETF due in October, the broader uptrend in crypto remains intact.

SEC Chair stated that the commission has the authority to issue blockchain-related rules without waiting for new legislation from Congress. At a speech on August 15, the chair emphasized that existing statutes empower the SEC to act directly on digital asset oversight. The move aims to speed up regulatory clarity for crypto markets and reduce delays caused by legislative gridlock. For traders, this could mean faster rulemaking on token registration, trading platforms and compliance standards. While clearing uncertainty, the approach may also introduce stricter regulations. Overall, the announcement signals a proactive SEC stance on blockchain regulation and highlights potential shifts in enforcement and compliance for US-based digital asset firms.

Bitcoin price on OKX slipped below $119,000, settling near $117,957 after a roughly 2% intraday decline. This Bitcoin price drop highlights rising volatility in the crypto market and mild bearish pressure. Traders should watch key support at $118,000 and resistance near $119,000. Monitoring trading volume, technical indicators, and macro drivers is crucial. The pullback may offer short-term entry points, but sustained selling could push prices lower.

Meme Coin Showdown: SHIB, PEPE and newcomer XYZVerse are vying for outsized returns in the upcoming altseason. XYZVerse, the first sports-themed meme coin, has raised over $15 million in presale, climbing from $0.0001 to $0.005 across 13 stages and targeting a $0.1 listing price. Its tokenomics allocate 15% to liquidity, 10% to community rewards and 17.13% to deflationary burns. The project backs a community-driven Ambassador Program and partnerships like a decentralized sportsbook, fuelling bullish sentiment on CoinMarketCap. On technical charts, SHIB trades between 0.00001227 and 0.00001447, breaking above its 10- and 100-day SMAs, while its RSI at 47.76 suggests room to run. A push past 0.00001536 could unlock a 22% gain. PEPE, moving in a tight range near its 10-day SMA of 0.00001230, shows a 14.3% weekly rise and neutral momentum. Clearing resistance at 0.00001424 may lead to a 30% advance. Traders should note strong community support and tokenomics in XYZVerse, alongside SHIB and PEPE’s improving technical indicators. XYZVerse’s unique sports angle and active presale give it bullish potential in altseason, but volatility risk remains. Monitor volume and key support before entry.

Today’s crypto price analysis highlights a market pullback after Bitcoin reached a record high and then gave up gains amid macroeconomic headwinds. BTC hit an all-time peak at $124,533 before slipping over 4% to around $118,390. Ethereum failed to break $4,800, dipping to $4,482 and trading near $4,650. Solana dropped below $200, while Uniswap hovered around $11 after recent volatility. The US Treasury, having initially ruled out further Bitcoin purchases, clarified it is exploring budget-neutral ways to expand reserves. Meanwhile, South Korean firm Dunamu and MB Bank plan Vietnam’s first licensed cryptocurrency exchange, leveraging infrastructure for 20 million existing asset holders. Coinbase Institutional warns of a possible shift to an altcoin season, noting Bitcoin dominance has fallen to 59% and 75% of top altcoins may soon outperform BTC. This combination of macroeconomic signals, regulatory actions, and institutional forecasts underlines a dynamic crypto landscape. Traders should watch Federal Reserve rate signals, BTC dominance metrics, and major support levels—$118,000 for Bitcoin and $4,600 for Ethereum—as catalysts for market direction. This crypto price analysis underscores the importance of macro trends, regulatory shifts, and technical support levels.

Hyperbeat, the native yield layer for the Hyperliquid decentralized exchange (DEX), closed an oversubscribed $5.2 million seed round co-led by ether.fi Ventures and Electric Capital. Additional participants included Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital and community investors via the HyperCollective. The funding will expand Hyperbeat’s DeFi yield infrastructure, building permissionless tools for traders, protocols and institutions within the Hyperliquid ecosystem. Key products include beHYPE, a liquid staking token; Hyperbeat Earn, high-yield vaults on HyperEVM; Morphobeat, a credit layer enabling borrowing against vault positions; Hyperbeat Pay, an on-chain payments protocol; and Hyperfolio, a portfolio tracker. Hyperliquid’s total value locked (TVL) has surpassed $2.1 billion, underlining growing institutional interest. Avichal Garg of Electric Capital praised Hyperbeat’s technical execution and community alignment. This seed funding will accelerate development of yield vaults and liquidity solutions, reinforcing Hyperliquid’s position in DeFi markets.

BONK, the Solana-based meme coin, first surged from $0.000025 to $0.000027, driven by solid support at $0.000024 and elevated trading volume well above the 24-hour average. Institutional interest was underscored by Nasdaq-listed Safety Shot’s $25 million commitment via the Bonk.fun launchpad. In the latest session, BONK traded within a narrow $0.000023–$0.000026 range. Institutional volumes spiked to 4.02 trillion tokens at $0.000026, establishing firm resistance, while 1.07 trillion tokens exchanged hands at $0.000023 support. Late-session rebounds at 10:48 UTC (21.99 billion) and 10:49 UTC (31.43 billion) signaled accumulation by larger players. Traders now eye a break above $0.000025 for potential upside or a drop below $0.000023 for a retest of early-August lows. With high liquidity and ongoing institutional inflow, price action remains contained but poised for a breakout or breakdown.

CoinDesk 20 Index rose 1.0% to close at 4261.62 on Friday, driven by gains in Avalanche (AVAX) and Cardano (ADA), which each gained 3.4% since Thursday’s close. Twelve of the 20 assets in the crypto market traded higher, while Internet Computer (ICP) and Chainlink (LINK) lagged, falling 1.0% and 0.7%, respectively. The CoinDesk 20 Index, a broad-based benchmark of leading digital assets, tracks market performance across global trading platforms. This uptick highlights renewed momentum in AVAX and ADA amid positive sentiment. Crypto traders may adjust portfolio allocations as the index signals strength in altcoin sectors.

OpenDoor, trading under the ticker $OPEN, announced that CEO Carrie Wheeler will step down, prompting a search for her successor. Wheeler, who has led the proptech firm since 2019, will remain in her role during a transition period. The board has hired an executive recruitment firm to identify candidates with deep real estate technology and corporate leadership experience. This leadership shake-up aims to ensure continuity in product innovation and market expansion. Traders should watch for potential $OPEN stock volatility as the CEO search unfolds and market sentiment adjusts to the news.

Crypto analyst Kenny Nguyen forecasts a surge in XRP price to between $22 and $50 when the first wave of spot XRP ETFs launches in the US. With XRP trading at around $3.10, Nguyen’s projection implies a 600–1 500% gain and a market cap of $1.3–3 trillion. Nguyen and other experts cite the appeal of regulated ETF exposure for institutional and retail investors, as well as XRP’s lack of staking costs, as key drivers. Canary Capital CEO Steven McClurg predicts $5 billion of inflows in the first month, potentially lifting XRP market cap to $1.546 trillion (about $26 per token) under a 272x multiplier model. Comparisons to Bitcoin’s ETF debut and Ethereum’s muted spot ETF reaction suggest XRP may follow a unique path. Bloomberg and Polymarket now estimate a high probability of SEC approval by October 2025. If approved, spot XRP ETFs could decisively reshape its market valuation.

Circle, the US-based stablecoin issuer behind USDC, has filed an SEC registration for a $1.3 billion secondary offering of 10 million Class A shares at $130 each. The company will sell 2 million shares to fund general corporate purposes, while existing investors plan to offload the remaining 8 million, with proceeds not benefiting Circle directly. Priced at over four times its $31 IPO price in June, Circle shares experienced sharp volatility—soaring 235% to $83 on debut and peaking at $298.99. After the secondary offering announcement, CRCL shares closed down 9% at $139.23 and slipped to $136.98 in pre-market trading. Observers say the capital raise strengthens Circle’s balance sheet and supports USDC growth, though large insider sales may weigh on the stock in the short term, creating mixed signals for traders.

A new joint report from Keyrock and Bitso forecasts that stablecoins could account for 12% of global cross-border payments—about $1 trillion—by 2030, up from under 3% in 2024. The surge is driven by faster, cheaper transactions, enhanced accessibility for unbanked populations, and ongoing blockchain innovation. Critical infrastructure upgrades—improved liquidity and greater interoperability between networks—are needed to support this growth. Regulatory clarity is also pivotal. The U.S. and Europe are advancing comprehensive crypto frameworks that could boost institutional confidence. Major issuers like Tether (USDT) and Circle (USDC) are expanding services and launching proprietary blockchains (e.g., Circle’s Arc, Tether’s Plasma) to capture more transaction value. If adopted widely, stablecoins could slash remittance fees, accelerate settlement times, and increase payment transparency. Security, systemic-risk management, and broad user uptake remain challenges. Nevertheless, as technology and regulation converge, stablecoins are poised to reshape global payments by making them faster, cheaper, and more inclusive.

Bitcoin surged to a new all-time high of $124,500 this week before retracing to around $118,000 following a surprise jump in U.S. July PPI data and nearly $1 billion in liquidations. Ethereum climbed to a four-year peak above $4,700, though it fell short of its $4,900 record, while BNB topped $865. Other notable gainers included SOL, HYPE, LINK and ADA amid a shift toward altseason as BTC dominance dipped below 58%. Market cap stands at $4.11 trillion with $236 billion in 24-hour volume and BTC dominance at 57.5%. Key headlines: MicroStrategy added 155 BTC ($18 million) and Metaplanet acquired 518 BTC ($61 million); Do Kwon pled guilty to the Terraform collapse and will forfeit $19 million; Coinbase closed its Deribit acquisition; Ethereum’s exit queue swelled to 808,880 ETH ($3.7 billion). Traders await today’s Trump-Putin meeting for fresh volatility signals.

CoinW has launched a full-stack AI-powered trading platform under a unified account system. The AI strategy engine dynamically routes orders between AMM and CLOB to optimize execution. The platform supports on-chain settlement, MPC self-custody and real-world assets (RWA) such as bonds, stocks, gold and REITs. It integrates four modules: CoinW (global CEX with AI routing and layered risk controls), GemW (gasless on-chain asset aggregator with research tools), DeriW (rollup-based L2 supporting 80,000 TPS and zero-gas perpetuals) and PropW (institutional suite with APIs, quant tools and cross-market strategies). Chief Strategy Officer Nassar Achkar says the unified account meets increasing demand for cross-scenario liquidity and seamless user experience. CoinW plans to expand on-chain assets, refine its AI engine and enhance multi-chain interoperability. This upgrade is set to boost liquidity and adoption, offering traders a seamless, modular crypto trading gateway.

XRP has spent 256 days in a tight trading range, compressing volatility and building momentum for a potential surge. Technical analysts, including XRPunkie, highlight this extended consolidation as a classic setup for explosive moves, setting a bold breakout target of $10–$15. The primary catalyst driving renewed interest is a $400 million spike in 12-hour XRP volume on South Korea’s Upbit exchange, outpacing Binance and signaling strong retail demand. Market watchers also point to XRP’s November 2024 symmetrical triangle breakout, which paved the way for a run toward $12.60. At present, XRP trades around $3.10, with volatility still muted but ready to awaken. If broader crypto market conditions remain supportive, and macroeconomic factors align, a decisive move above resistance could trigger substantial capital inflows and FOMO buying. Traders should monitor Upbit volume, on-chain data, and global sentiment as key confirmation signals for this potential breakout.

BlackRock’s crypto holdings have surpassed $100 billion, reaching $104 billion as Bitcoin (BTC) and Ethereum (ETH) rally to record highs. Data from Arkham Intelligence confirms that BlackRock’s crypto holdings crossed the $100B milestone when BTC hit $124K and ETH neared $4,790. Institutional inflows into U.S. spot Bitcoin and Ethereum ETFs drove much of the recent momentum. The asset manager now holds 744,240 BTC (≈ $88.4 B) and 3.2 M ETH (≈ $14.8 B). At the start of 2025, its crypto portfolio was valued at $54 B, dipped to $46 B in April, then surged 124% to today’s peak. Bitcoin still accounts for over 85% of BlackRock’s allocation, while Ethereum holdings have grown 309% year-to-date. This expansion highlights rising institutional demand and could sustain bullish market dynamics as digital assets chase new all-time highs.

Bitcoin has delivered over 600% gains from cycle lows with a notably stable price structure, featuring shallower retracements (around 32%) compared to previous cycles’ 50%+ drawdowns. Despite this strong USD performance, ratio analyses reveal underperformance relative to major assets. Against the NASDAQ, Bitcoin has only just surpassed its 2021 peak, suggesting limited outperformance versus high-growth tech stocks. In gold terms, BTC remains below its prior cycle high, meaning holders since 2021 would have out-earned gold bullion. When adjusting for global M2 money supply expansion, Bitcoin’s liquidity-adjusted purchasing power still trails its 2021 peak. These comparisons indicate that much of the rally may stem from fiat debasement rather than pure asset strength. Traders should monitor BTC/asset and liquidity-adjusted ratio charts for clearer signals on potential breakout or resistance levels.

SlowMist has released the Crypto Asset Tracing Handbook, a practical on-chain detective guide aimed at helping traders, investors and security professionals track and recover stolen funds. Drawing on data showing 531 security incidents in 2024–H1 2025 with losses of $4.386 billion, the handbook breaks down essential blockchain concepts, common fund movement patterns, and core tracing techniques. It covers major chains (BTC, ETH, TRX, BNB, MATIC, SOL, AVAX, OP, ARB) and stablecoins (USDT, USDC), explains UTXO models, blockchain explorers and classification of addresses. Key sections detail the use of MistTrack and community tools for AML, peel chains, mixers and cross-chain bridge analysis. It also offers a step-by-step response plan for hacked users—preserving evidence, freezing assets, legal reporting and professional engagement. The Crypto Asset Tracing Handbook equips readers with actionable skills to identify suspicious transactions, leverage tracing tools and improve asset freezing and recovery efforts.

Pepeto, a new memecoin platform, offers zero-fee trading via PepetoSwap and a native cross-chain bridge, PepetoBridge, to slash transaction costs and boost speed. Audited by SolidProof and Coinsult and backed by over $6 million in presale commitments, the project aims to list quality meme tokens without listing fees. At a presale price of $0.000000147, Pepeto’s potential returns echo early Dogecoin and Shiba Inu gains. The article also highlights XRP trading near $3.14, encountering resistance at $3.42, with $4–$5.50 targets by late 2025 if adoption and regulation progress. Solana’s past surge—from under $10 to nearly $260—underlines how technology and community support can propel prices. With its cost-saving model and cross-chain tools, Pepeto is poised to attract speculative capital and long-term investors, enhancing memecoin liquidity and market activity ahead of the next bull run.

The Bank for International Settlements (BIS) has published a BIS Bulletin outlining a new anti-money laundering (AML) framework that assigns an AML compliance score to crypto holdings before they are converted into fiat currency. Leveraging public blockchain transaction history, the proposal would evaluate the provenance of each crypto unit or wallet, flagging “tainted” assets linked to illicit activity. Under the plan, stablecoins—responsible for 63% of all illicit crypto flows in 2024—would be scored based on wallet histories, while Bitcoin UTXOs would carry embedded risk metrics. Crypto off-ramps, including exchanges and payment services, would be required to check these risk scores at the point of conversion. Transactions exceeding risk thresholds could be blocked or frozen, and non-compliant entities could face fines or penalties. The BIS also recommends a “duty of care” for market participants, encouraging users and service providers to avoid handling high-risk tokens. In a fully implemented system, tainted stablecoins might trade at discounts, and scores could remain attached to tokens as they move across permissionless blockchains. The proposal aims to strengthen compliance monitoring and reduce illicit fund flows in the crypto ecosystem.

BlackRock’s spot Bitcoin ETF and Ether ETF bought over $1 billion of assets during a 5% price dip. The purchases occurred as BTC/USD briefly fell to about $117,200, nearly filling a CME futures gap at $17,200. Liquidations topped $900 million within 24 hours, but institutional demand remained firm. Data show the iShares Bitcoin Trust added $500 million in BTC, while its Ether ETF matched that in ETH. This “buy the dip” by institutional investors underlines ongoing demand. Combined ETF trade volumes reached $11.5 billion, rivaling Apple stock. Traders from BitBull and analyst Eric Balchunas highlighted this strategy and noted key support levels at the filled CME gap and the 4-hour 50-EMA. Their views imply a likely rally once $120,000 offers support. This market correction may mark a buying opportunity. Bitcoin ETF and Ether ETF flows could bolster liquidity and fuel a sustained uptrend.

XRP and Solana have dipped 4.93% and 1.33% respectively, trading at $3.09 and $194.83 amid $11.77B and $14.49B volumes. Meanwhile, Remittix (RTX) is closing in on its $20M presale target, having raised $19.6M and sold over 600M tokens at $0.0944. The platform offers fast crypto-to-fiat transfers in more than 30 countries. A beta wallet with real-time FX conversion is slated for Q3 2025. Early investors benefit from a 40% token bonus and can enter a $250K giveaway. Reaching the presale goal will trigger a CEX listing, boosting RTX liquidity and positioning Remittix for potential 40x gains.

Federal Reserve President Austan Goolsbee expressed concern over the latest U.S. inflation figures. He noted that monthly Producer Price Index (PPI), Consumer Price Index (CPI), and import price movements may appear volatile. Goolsbee cautioned against overreacting to one month of data, but stressed that the PPI and CPI readings warrant close monitoring. Traders should track ongoing inflation signals as the Fed evaluates its monetary policy stance. His comments suggest inflation risks remain on the Fed’s radar and could influence future interest rate decisions.

In a recent report by The Verge, OpenAI co-founder Sam Altman has expressed interest in a Chrome acquisition. The interest arises if US antitrust regulators force Google to divest its Chrome browser. Sam Altman sees potential to integrate Chrome with AI tools. This news adds a new dimension to ongoing regulatory pressure on Big Tech. A forced sale of Chrome could reshape the tech sector and open opportunities for AI-driven browsers. While negotiations remain hypothetical, Altman’s interest in Chrome acquisition highlights the intersection of antitrust action and AI expansion.

OSL Group and CMGE today announced a strategic cooperation to integrate OSL’s compliant virtual asset financial infrastructure with CMGE’s global IP gaming ecosystem. The partnership will connect OSL’s stablecoin service network—designed for financial institutions—with CMGE’s in-game payment scenarios, accelerating the adoption of regulated stablecoins across digital entertainment and real-world industries. Traders should watch for increased transaction volumes in gaming sectors and potential new on-ramps for stablecoin liquidity.

The price of Binance Coin (BNB) has recovered above key moving averages after rebounding from a low of $729. The current BNB price of $843.30 sits just below the $860 resistance level, with traders awaiting a breakout. Short-term BNB price momentum is supported by an upward-sloping 21-day SMA that sits above the 50-day SMA, signaling a clear uptrend on both daily and 4-hour charts. A successful breach of $860 could drive Binance Coin to the 1.618 Fibonacci extension at $1,058.70 and possibly test $1,100. Key support levels remain at $800, $600 and $550. Overall, Binance Coin price action remains bullish as long as it holds above the 21-day SMA.