Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bernstein analyst maintains a $230 price target on Circle stock, highlighting the company’s liquidity edge, regulatory advantages and robust payment infrastructure. Circle’s USDC circulation surged 90% year-on-year to $61.3 billion in Q2, reaching $65.2 billion by August 10. The planned autumn testnet launch of Arc, a Layer 1 blockchain optimized for stablecoins using USDC as native gas, further supports growth prospects. In Q2, total revenue and reserve income rose 53% to $658 million, though a $482 million net loss was recorded due to IPO-related expenses. Analysts view Q3 as a critical period for progress.

Squads, a Solana-based multisignature protocol, has announced a strategic partnership with Coinbase to accelerate USDC adoption across its platform. Squads currently holds over $1 billion in USDC, representing nearly 15% of Solana’s total supply. The deal designates USDC as the default stablecoin for Squads’ products, reinforcing the protocol’s stablecoin-driven finance mission. This collaboration follows Squads’ $10 million Series A funding round led by Electric Capital. Traders should note that increased USDC adoption on Solana may boost liquidity and payment utility in DeFi, potentially driving SOL demand as the ecosystem expands.

Ex-Terraform Labs co-founder Do Kwon pleaded guilty to two counts of fraud. Do Kwon admitted conspiracy to commit commodities, securities, and wire fraud, plus wire fraud in schemes at Terraform Labs. Under his plea deal, he will forfeit over $19 million in crypto earnings and his stake in the company and associated tokens. Prosecutors agreed not to recommend a sentence above 12 years, despite a possible maximum of 25 years. Sentencing is set for Dec. 11, highlighting a key move toward accountability in digital asset markets, according to U.S. Attorney Jay Clayton.

XYO Network will list its XYO token on Kraken today, expanding its centralized exchange reach beyond Coinbase, KuCoin, MEXC, Bithumb and Gate.io. The Kraken listing follows a report of $8.8 million revenue for 2024 from XYO’s SEC filing. The move is expected to boost liquidity and trading volume for XYO, as past listings on major CEX platforms lifted its price by up to 50%. Co-founder Markus Levin says the Kraken listing reflects a market shift toward revenue-driven crypto projects. Founded in 2018, XYO is among the largest DePIN projects, with over 10 million nodes processing Proof of Location and Proof of Origin data. XYO recently launched its own Layer-1 blockchain under a dual-token model: XYO for governance and staking, and XL1 for transaction fees and smart contracts. This Kraken listing cements XYO’s growing presence across top exchanges and could catalyze further price gains.

Choreo LLC, a wealth manager with $27B AUM, filed an SEC report showing its inaugural Bitcoin ETF positions totaled approximately $6.5 million in Q2 2025. The firm held 51,679 shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) valued over $3M, 22,976 shares of Grayscale Bitcoin Trust ETF (GBTC) worth $1.9M, 13,607 shares of Fidelity Wise Origin Bitcoin ETF (FBTC) at $1.3M, and 8,314 shares of Grayscale Bitcoin Mini Trust ETF (BTC) valued at $397k. This move reflects growing institutional investment in Bitcoin ETF products. Harvard Management Company also disclosed a $116M IBIT stake—its fifth-largest position—underscoring the trend of endowments and pension funds diversifying into Bitcoin ETFs.

Solana price jumped nearly 14% to over $200 after Blue Origin announced it will accept SOL for $150,000 spaceflight deposits via Shift4. The move marks a high-profile crypto adoption in the luxury travel sector and fuels speculation of broader acceptance, possibly by Amazon in the future. On the daily chart, SOL broke above the middle Bollinger Band at $176.73 and tested resistance near $202.87. Rising volume and a series of higher lows signal a bullish breakout. Key support levels lie at $176 and $157, while Fibonacci extensions suggest targets at $220 and $240 if Solana price holds above $200. Institutional interest remains strong. DeFi Development Corp’s 1.3 million SOL stash generates $63,000 in daily revenue. Public companies hold roughly $675 million in SOL. Despite recent outperformance by Ethereum, Solana fundamentals are robust. Traders should watch consolidation above $200 and volume trends. A sustained close above $202.87 could trigger further gains. Conversely, a rejection may prompt a retest of $180–$176. High-profile adoption announcements could reinforce the bullish case.

Analyst Javon Marks sees XRP repeating its previous bull cycle with a 188% surge toward $9.63. He cites matching on-chain flows, rising institutional inflows, and clear regulation as drivers. XRP, the third-largest cryptocurrency by market cap, climbed 11.3% in the past week to $3.28. Legal expert Bill Morgan defends Ripple’s escrow mechanism, highlighting its role in supply predictability and market stability. Created in 2017, the escrow locks 55 billion XRP and releases up to 1 billion tokens monthly, with unused amounts re-escrowed. Today, 35.6 billion XRP remain in escrow and 64.36 billion are circulating. Morgan argues that the structured release schedule prevents flooding and supports healthy markets. U.S. regulators have acknowledged the escrow’s intent to bolster confidence rather than depress prices. If XRP maintains momentum and mirrors past patterns, the $9.63 target could be within reach. However, sustained buying pressure and positive sentiment will be crucial for a successful breakout.

Ethereum extended its rally from sub-$2,500 in July to a peak of $4,720 on August 13 after breaking the $4,060–$4,300 resistance zone. Robust US spot ETF inflows—peaking at $726.6 million in a single day—combined with record on-chain activity and rising staking participation to drive the surge, attracting major investors such as Ark Invest and Fundamental Global. CryptoQuant data shows the all-exchange Estimated Leverage Ratio at 0.68, near historical highs, while Binance netflows point to potential sell pressure from liquidations and arbitrage. Over $250 million in short positions were liquidated within 24 hours, underlining heightened volatility and liquidation risk. Nonetheless, continued institutional accumulation and upcoming network upgrades Pectra and Fusaka, which promise improved scalability and lower fees, support a broader bullish outlook for Ethereum.

Crypto presale markets are heating up as six projects reach final phases before August. Leading the pack is Ozak AI, an Ethereum-based AI governance token priced at $0.005 in phase four. It has sold over 121 million OZ for $1.8 million, marking a 400% rally from its $0.001 launch price. Projected to debut at $0.05 and target $1, Ozak AI promises up to 200× returns, powered by AI-driven DAO governance, Layer-2 scalability via Arbitrum Orbit, and EigenLayer security. Other notable crypto presales include NexChain, a Layer 1 AI blockchain offering 400,000 TPS at $0.001 fees; Tapzi, a BNB Smart Chain Web3 skill-gaming hub; Pepe Dollar, an Ethereum Layer 2 meme-DeFi token with a built-in burn mechanism; ETH Bull, an Ethereum meme coin with staking rewards and airdrops; and Neo Pepe, a community-driven meme governance ecosystem. Investors should track fundraising milestones, tokenomics, and project roadmaps for potential altcoin gains.

Mythical Games has unveiled Season 3 upgrades for its Web3 game NFL Rivals, releasing on August 27. The arcade-style strategy title, officially licensed by the NFL, has seen over six million downloads since launch. To level the playing field, Season 3 replaces base cards with Training Points, enabling newcomers to upgrade player performance without being outmatched by veterans. Cards in in-game packs now lock until played, encouraging active engagement, while cheaper pack prices and Mint Tokens maintain peer-to-peer trading. The new Stadium Mode introduces real-time PvP matches matched by skill, rewarding wins with up to ten stadiums of varying difficulty. Leagues reset weekly, and rankings depend on coins earned in Stadiums and Events. Upgrades focus on fun over grinding: Rank Up Tokens, earned by burning extra cards, boost star players without a large budget. Season 3 cards gain an extra rank and five bonus levels. Over 800 new cards, including one Legendary player per team with 145–150 power, promise fresh strategies. By lowering barriers to entry and enhancing strategic depth, NFL Rivals aims to remain "easy to start, hard to master" for both casual fans and competitive tacticians.

The crypto market saw Bitcoin slide below $120,000 amid heightened volatility, deepening losses across major altcoins. BTC traded between $114,000 and $121,000, down 3.5% over the past week and over 21% in six months, struggling to reclaim the $123,000 resistance. Litecoin struggled around $113–131.82, up 32% monthly but facing the $139 resistance and eyeing $150. Pi Network’s PI traded at $0.33–0.46, gaining 6% weekly but down 17% monthly and 45% over six months, with potential resistance at $0.53. Traders are monitoring whether these key levels will hold or break; if Bitcoin fails to break above resistance, further declines could prompt a broader market pullback. This crypto market downturn highlights short-term pressure, despite potential longer-term support.

Solana surged over 15% on August 13 to reclaim the $200 level, driven by a wave of institutional buying. Analysts such as Vincent Liu of Kronos Research highlight that breaking the $200 barrier is both a technical and psychological milestone, signaling renewed investor confidence and improved market liquidity. Solana had lagged behind Ethereum over recent weeks, with ETH gaining 25% year-to-date and hitting its highest price since November 2021. The broader altcoin market rallied in tandem: Ethereum rose 8%, XRP +3.5%, BNB +5.9%, DOGE +9.6%, and ADA +11.7% over 24 hours, while Bitcoin advanced 1.4%. Major crypto reserve firms have injected billions into digital assets, and listed companies now hold nearly $675 million in SOL. DeFi Development Corp’s 1.3 million SOL position (worth $260 million) is generating about $63,000 in daily staking rewards. This influx of institutional capital and the breach of a key resistance level point to bullish momentum for Solana and the wider altcoin sector.

Sentient, a New York–based AI firm, has launched The GRID, an open-source AGI network offering a decentralized alternative to closed AI marketplaces. The platform lets developers plug in AI agents, models and tools with token-based monetization options such as usage fees and subscriptions. At launch, The GRID hosts over 40 AI agents, 50 data sources and more than 10 models spanning Web2 and Web3 ecosystems, including blockchain modules on Polygon (MATIC) and Arbitrum (ARB). Users access the open-source AGI network via Sentient Chat, combining agents into real-time workflows for tasks like calendar coordination, code generation and data visualization. A key feature is interoperability, allowing agents to share memory and coordinate across different blockchains. Sentient reports over two million users on its waitlist and multiple launch partners. Co-founder Himanshu Tyagi describes The GRID as foundational infrastructure for sustainable open-source AI, empowering communities to govern and benefit from AGI development.

Sapien Foundation will host its SAPIEN token generation event (TGE) on August 20, 2025, on Base, Coinbase’s Layer-2 blockchain. The TGE unlocks 25% of the 1 billion SAPIEN token supply under a fair-launch model. It also allocates a 5% airdrop for early contributors and 0.5% for 10,000 CookieDAO members, with 30% of those airdrops released at the event. The remaining 75% of tokens will vest on transparent schedules. The SAPIEN token powers a decentralized AI data foundry, employing a Proof of Quality protocol based on staking, validation, reputation and incentives to ensure transparent, high-quality training data. Sapien integrates with Coinbase’s Embedded Wallet and serves over 30 enterprise clients. It closed a $10.5 million seed round led by Variant, Primitive Ventures, Yield Guild Games and Orange DAO, and is forging partnerships with Billions and Intuition. Traders may view the SAPIEN token TGE as a bullish catalyst. The fair-launch model, airdrop incentives, strong backers and Base integration could drive demand for onchain AI data services and speculative trading on Base.

The CoinDesk 20 Index rose 2.5% to 4372.28 at 4 p.m. ET on August 13, driven by gains in Uniswap (UNI) and Solana (SOL). UNI led all tokens with a 6.5% increase, followed closely by SOL at 6.4%. Of the 20 assets in the CoinDesk 20 Index, 19 traded higher, reflecting widespread bullish sentiment in the crypto market. Only Bitcoin Cash (BCH) and Stellar (XLM) underperformed, posting a -1.9% drop and a modest 0.2% gain, respectively. The broad-based CoinDesk 20 Index is tracked globally across multiple trading platforms.

Circle, issuer of the USDC stablecoin, posted a net loss of $482 million in Q2 as a public company. Revenue and reserve income rose 53% year-on-year to $658 million, but $591 million in non-cash IPO charges (including $424 million in stock-based compensation) and $407 million in distribution and transaction costs weighed heavily on its results. To bolster USDC’s role, Circle unveiled Arc, an EVM-compatible Layer-1 blockchain using USDC for gas fees and offering configurable privacy controls. Arc’s public testnet is expected this fall. Circle Posts $482M Q2 Loss did not deter its share price from a modest 1.3% gain at the open, though shares closed at $163.21 and fell 5% in after-hours trading. The company also announced a follow-on offering of 10 million Class A shares. Meanwhile, Trump-backed World Liberty Financial (WLF) led a $1.5 billion financing for blockchain fintech firm ALT5 Sigma. The deal comprises 100 million registered shares and 100 million private placement shares at $7.50 each. WLF provided $750 million in WLFI tokens and received one million ALT5 shares plus 99 million pre-funded warrants. Post-deal, WLF’s founders, including Eric Trump, will join ALT5’s board, and the transaction values WLFI at $0.20, up from its initial $0.015 price. ALT5 plans to use proceeds to acquire WLFI tokens, expand its crypto treasury, settle litigation and fund operations.

Bitcoin open interest on Binance has surged to around $13.7 billion, nearing mid-July highs and signaling a rise in speculative long positions alongside the recent price rebound. When Bitcoin open interest climbs faster than price, the market becomes more leveraged and vulnerable to a long squeeze if prices retreat. The $119,000–$120,000 range now serves as a critical decision zone. A daily close above $120,000 with stable or slightly declining open interest could confirm a healthy breakout toward $122,000–$124,000. Conversely, rejection at this level may trigger rapid liquidations and a sharp pullback. Liquidity data from Swissblock show network growth at 82 and liquidity at 52, indicating that sustained price discovery depends on improved liquidity. Traders should watch for Bitcoin to hold above $120,000 without a fresh surge in open interest to validate a genuine breakout and reduce liquidation risk.

Cardano (ADA) jumped 13% in 24 hours, testing resistance near $0.92 after breaking out of a descending channel. Analysts now eye a Cardano breakout to $1.50 if momentum persists. Key Fibonacci levels at $0.83 (0.5) and $0.92 (0.618) mark critical zones; a move above $0.92 could open targets at $1.07, $1.28 and $1.63. On-chain data reveals long-term holders have steadily accumulated ADA since 2021, while short-term traders remain neutral with slight accumulation. The market temperature metric sits in an accumulation range, not an overheat zone. Adjusted Sharpe Ratio approaching two historically signals major rallies. Whales holding 100–1 billion ADA added over 200 million coins during the latest advance. Meanwhile, Grayscale filed for Delaware trusts for Cardano and Hedera, fuelling spot ETF speculation. High trading volume and on-chain conviction support a bullish outlook for ADA.

Ozak AI, an Ethereum-based DeFi protocol offering decentralized AI analytics and predictive models, has launched Phase 4 of its presale at $0.005 per $OZ token, raising over $1.8 million and selling more than 121 million tokens to date. The project, which holds a Certik audit and is listed on CoinMarketCap and CoinGecko, aims for a $1 token price by end-2025, projecting up to 39,900% ROI. Robust tokenomics unlock 10% supply at token generation and vest the remainder over six months to curb large sell-offs. Strategic partnerships with Weblume and SINT enable automated trading, smart contract deployment and low-code dashboards, while cross-chain capabilities, decentralized governance and AI-driven arbitrage tools position Ozak AI for growth ahead of Ethereum’s bull run. Traders can capitalize on the presale price and the protocol’s real-time predictive analytics across crypto, equities and forex markets.

An anonymous Litecoin whale has allocated a $50,000 portfolio equally between Litecoin and the Pepe Dollar (PEPD) crypto presale. The strategy aims to balance stability with upside. Litecoin recently broke above an ascending channel, pushing the LTC price above $133 and signaling a potential rally toward $170. On the other hand, Pepe Dollar presale blends deflationary tokenomics with Layer-2 gaming integrations. Early backers expect triple-digit gains upon exchange listing. This dual approach enables participation in a high-growth crypto presale while maintaining exposure to a blue-chip altcoin. Whale interest often drives market sentiment and liquidity. Traders should watch Litecoin’s technical momentum and Pepe Dollar’s post-launch trading volume. This combined strategy highlights how strategic diversification can mitigate risk while targeting significant returns.

Data from CoinGecko shows the total cryptocurrency market capitalization has climbed to a new all-time high of $4.18 trillion. Bitcoin’s market dominance expanded to 57.24%, while Ethereum accounted for 13.56% of the total. This milestone follows Ethereum trading just 5% below its record price of $4,640—surpassing the market caps of Netflix and Mastercard—and Bitcoin surging past $121,400 amid $370 million in liquidations. Analysts, including Tom Lee, are forecasting further upside, with Bitcoin potentially reaching $250,000 by year-end. Traders may view this broad market strength as a signal to increase exposure, though they should also monitor for profit-taking and increased volatility following such records.

Following the conclusion of the Ripple vs SEC lawsuit, XRP price surged 4.6% to $3.28, pushing market cap near $200 billion. Daily trading volume jumped 208% to $12.4 billion, and futures open interest rose 9% to $8.67 billion, indicating strong institutional demand. Analysts like Javon Marks and EGRAG Crypto note a clear breakout pattern in XRP price reminiscent of its previous bull cycle. Javon projects a rally to $9.63—a 188% gain—while EGRAG highlights technical strength despite mixed market sentiment. The US appeals withdrawal by Ripple and the SEC has spurred renewed investor confidence, aided by enterprise adoption such as Blue Origin’s integration of XRP payments. Traders should watch for continued volume and open interest growth as signals for a potential altcoin season rally.

Ethereum price is trading between $4,622 and $4,700, edging closer to its November 2021 all-time high of $4,891. Strong ETF inflows—over $2 billion in one week—highlight surging institutional demand. BlackRock’s ETHA and Fidelity’s FETH attracted $640 million and $277 million respectively in a single day. Corporate buyers like BitMine and SharpLink Gaming have outlined multi-billion-dollar ETH purchase plans, further tightening supply. On-chain activity supports bullish momentum: daily transactions hit 1.74 million, and 29.5% of ETH supply is staked. Regulatory clarity from the SEC on liquid staking and “Project Crypto” initiatives enhances confidence in Ethereum as a smart contract backbone. Technical indicators show a bull flag pattern, pointing toward a possible breakout above $5,000. Bitcoin’s recent consolidation at $118,500 has shifted capital into altcoins, lifting Ethereum dominance from 7.2% to 11.9% since April. Traders should watch for ETF flow trends, staking metrics, and resistance at $4,891. A sustained break could trigger a full altcoin season and push Ethereum price toward $5,000–$6,000 in the short term. Stay vigilant on volume and macro factors like Fed policy and dollar strength.

Analyst Blend Visions spots a decisive breakdown in Bitcoin dominance from its multi-year trendline controlling the bull run since September 2022. Bitcoin dominance peaked at 66.1% and is now forming a bear flag pattern. If this setup follows through, dominance could drop to 57–58%. A decline in Bitcoin dominance typically signals renewed altcoin momentum as traders rotate capital into alternative tokens. Altcoins may enter a significant rally if the 57–58% zone is breached.

Alertforalpha shares his top 10 crypto trading mistakes that wiped out his first $5,000. He highlights common pitfalls such as FOMO buying at market peaks, relying on exchanges without holding private keys, chasing dubious altcoins, ignoring market cycles, overlooking gas fees, insecure password practices, emotional trading, overconcentration in a single coin, falling for influencer hype, and lacking an exit strategy. For each mistake, he offers clear fixes: wait for market dips, use hardware wallets, focus on established projects, recognize bull and bear phases, optimize transaction fees, enforce strong passwords and 2FA, set rules to curb emotional trades, diversify across assets, conduct independent research, and plan profit-taking levels in advance. By studying these crypto mistakes and implementing simple solutions, traders can protect capital and make informed decisions. This guide emphasizes security, discipline, and long-term strategy over quick gains, helping crypto traders navigate volatility and avoid costly errors.

Three leading altcoins—Solana (SOL), Avalanche (AVAX) and Polkadot (DOT)—are flashing critical chart patterns as altseason heats up. SOL has broken out of a bullish pennant on the 4-hour chart with an eight percent rally, eyeing a target of $238, supported by rising volume and the 50-period EMA. DOT similarly cleared a bullish pennant, projecting a 27% advance to $5.458 on strong momentum and expanding volume. In contrast, AVAX formed a bearish flag after a late-July sell-off, risking a 27% drop toward $18.31 if it breaks below the 50-period EMA at $23.59. RSI readings show SOL and DOT nearing overbought zones (75.8 and 67.1 respectively), while AVAX’s RSI sits at 63.5, indicating room for further downside. Traders should monitor these altcoins for breakout confirmations and manage risk around key support and resistance levels.

DEAL Mining, a UK-regulated cloud mining platform serving over 6.8 million users, offers AI-optimized crypto mining contracts delivering up to $10,000 in daily returns. Its zero-setup interface lets investors rent remote computing power for Bitcoin and Dogecoin without hardware management. Contracts span investments from $100 to $100,000, with daily payouts automated via smart contracts. The platform leverages clean energy and AI-driven allocation to maximize efficiency and ensure transparent performance. New users receive a $15 signup bonus, and all earnings are deposited directly into their crypto wallets. DEAL Mining’s cloud mining service aims to democratize passive income in cryptocurrency through scalable, green solutions.

A mysterious whale wallet has accumulated $1.34 billion worth of Ethereum (ETH) over the past eight days, marking one of the largest single-entity buys this year. This surge of demand coincides with Ethereum’s supply on exchanges falling to all-time lows, suggesting long-term holding and reducing available ETH for sale. High-profile institutional participation and over-the-counter (OTC) trades are speculated to be behind these large acquisitions. Ethereum has gained more than 200% since April, emerging as the top performer in the crypto market. On-chain indicators point to a looming “supply shock,” where rising demand collides with tightening liquidity, potentially driving prices higher. ETH is currently trading around $4,283, up 0.73% weekly, and is testing a critical resistance zone between $4,300 and $4,400—levels last seen in 2021. Technical analysis shows ETH comfortably above its 50-, 100-, and 200-week simple moving averages, confirming a strong bullish trend. A decisive break above the $4,400 ceiling could trigger momentum buying and new all-time highs. Conversely, failure to clear this zone may lead to a pullback toward $3,860 or even $3,200 if selling pressure intensifies. With volume rising and institutional interest strengthening, the coming days will be pivotal in determining Ethereum’s next price trajectory.

ATOM climbed 8% from $4.49 to $4.83 over a 23-hour period, breaking above the key $4.78 resistance level on strong institutional volume exceeding 2 million tokens. In the final trading hour, ATOM tested $4.85 before consolidating at $4.83, with volume spikes confirming sustained buying pressure. Support has formed at $4.65, setting the stage for a potential move toward $4.90–$5.00. Bitcoin dominance dipped below 60%, highlighting altcoin momentum. Traders should watch for continued institutional volume and technical signals as ATOM targets a breakout toward the $5.00 mark.