Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On August 2, 2025, di Satoshi Nakamoto statue vanish from Piazza Indipendenza for Lugano. Dem remove di steel anchor plates without security cameras catching dem, leave only exposed concrete. Di local ppl dey suspect say dem dump di statue for Lake Ceresio, but volunteer divers no find any trace. Satoshi Gallery don announce 0.1 BTC reward for information wey fit lead to di statue recovery. Di artwork wey go miss na main focus for Lugano Plan B initiative with Swiss-Tether to put di city as crypto hub. Officials fit do lakebed search or build back di statue to protect di city crypto brand. Even though di theft of di Satoshi Nakamoto statue show di risks to crypto art and community symbol, e no go too affect Bitcoin market dynamics for short term.

US regulatah dem wey be CFTC and SEC don start joint crypto regulation sprint to run 18 recommendations wey come from White House President’s Working Group on Digital Asset Markets. Dis program wan make e clear how dem go take classify cryptocurrencies as commodities, update DeFi registration standards, and check blockchain-based derivatives dem. Both agencies go make rulemaking easier, set regulatory sandboxes, and make one unified multi-service platform for crypto registrants. Acting CFTC Chair Caroline Pham don withdraw old advisories, talk with industry for 24/7 derivatives trading and perpetual contracts, and work close with SEC to make sure oversight dem dey synchronized well. SEC involvement go help protect investors well and support market innovation. President Trump nominate Brian Quintenz, former Andreessen Horowitz crypto policy lead, as CFTC Chair. Market players fit expect clearer guidelines and stable trading environment. Dis crypto regulation effort dey aim to make US lead for global crypto market and drive safer, better digital asset trading.

Justin Sun dem space flight wey e do for Blue Origin on August 3, 2025, wey e ride New Shepard, no be just make am become de youngest Chinese-born pipo wey don commercial go space, na e still be de first crypto entrepreneur to enter space. De privately funded NS-34 mission collect $28 million for Blue Origin Club for the Future and carry 1,000 messages from de Tron community, first time TRON show face for beyond Earth. Sun talk about how small and fragile Earth be, meaning say we suppose take care of environment. De record flight help make Tron network more known and boost TRX brand well well. But even though media talk plenty about de flight, e no really affect TRX market or USDT liquidity immediate. History don show say big space missions dey increase public eye, but no dey cause long-term price changes. Industry people talk say better market moves go happen if blockchain and space work together in the future, no be just one person flight.

Di Satoshi Nakamoto statue wey dey for Lugano Parco Ciani been jacked plus break ontop August 2, so Satoshigallery come offer 0.1 BTC reward if pesin know how dem fit find am. Local polis seal di area, then municipal divers come carry di broken bronze statue comot from Lake Lugano. Satoshigallery confirm say dem don find di statue safe and dem dey plan to repair am. City people promise to tighten security for public crypto art display since tourist dem don dey reduce. Even with di wahala, Satoshigallery still dey committed to cast Satoshi Nakamoto statue copies for 21 global cities to promote blockchain innovation. People wey get hand for di matter talk say di thing na strong reminder of crypto art cultural power and di need to secure outdoor blockchain installations.

Tron founder Justin Sun come back safely from Blue Origin NS-34 spaceflight on Saturday, after e win di $28 million seat bid for 2021. E fly wit five other passengers, including investor J.D. Russell and meteorologist Deborah Martorell. During di short suborbital flight, Sun talk about di “overview effect,” wey show how fragile Earth be and urge make we protect di planet. For January 2024, Filecoin and Lockheed Martin test Interplanetary File System (IPFS) protocol, dem send data through satellite to reduce delay and protect info from solar radiation. Then for December 2024, DePIN network Spacecoin XYZ launch dem first satellite to allow blockchain-based communication for orbit. These milestones show how blockchain and space exploration dey join together more and more. Traders fit watch TRX and FIL tokens as demand for decentralized storage and space-based data transmission dey grow.

For August 4, 2025, SEC raise single-contract position limit for option-enabled Bitcoin ETFs from 25,000 go 250,000 contracts. Dis change na apply to BlackRock’s iShares Bitcoin Trust ETF (IBIT) but e no include Fidelity’s Wise Origin Bitcoin Fund (FBTC). Dis ten times increase go allow IBIT to run covered call and other advanced option strategies. Research head Greg Cipolaro for NYDIG talk say dis kind tactics fit reduce Bitcoin wahala for price change, make Bitcoin ETF fine for institutional investors, and increase spot demand. SEC also approve in-kind creation and redemption for crypto ETFs. Authorized participants fit swap real coins instead of cash. As e be now, only Jane Street and Virtu get the crypto infrastructure wey dem need. Other fit need partner or buy to fit compete. Traders suppose expect better arbitrage, deeper liquidity, and more option wahala for Bitcoin ETF market. Overall, dis regulatory moves show say ETF space dey mature. Higher option limits and in-kind methods go support lower price wahala, strong institutional flow, and better outlook for Bitcoin trading.

Bitcoin drop 5% for di weekend, drop from about $118,330 for Friday to $112,300 for Sunday, mark di start of August sabi say e always dey bearish for di time. Glassnode data talk say Bitcoin don fall for eight of di last 12 August months, average loss na 11.4%. IG Markets analyst Tony Sycamore dey warn say Bitcoin gats hold di $112,000–$110,000 support zone so that e no go dey lose more. If support fail, price fit test di 200-day moving average near $99,355. If nothing positive show, di $125,000 level na strong resistance, just above Bitcoin all-time high wey near $124,000. Traders gats watch US work data and trade tariffs as e dey affect risk mind well well. September sef no too perform historically, e record fall for eight of di last 12 years.

Metaplanet don dey quickly dey buy Bitcoin on August 4 wen dem buy 463 BTC, dem spend ¥7.995 billion ($55 million) for average price of $101,422. Dis move make dem get about 17,595 BTC (~$1.8 billion) for their treasury. Dis company dey among top six big institutional Bitcoin buyers. Since June, Metaplanet don add over 4,200 BTC through how dem do equity issuance and debt financing. For July, dem redeem bond wey worth ¥12.75 billion. For August 2, dem start to sell preferred shares wey cost ¥3.73 billion with 6% yearly dividend. The company wan raise up to ¥555 billion ($3.6 billion) for preferred shares wey no get end for two years to dey quick buy more Bitcoin. Dem goal na to get 100,000 BTC by 2027, plus dem dey try buy digital bank to get more profit. The Bitcoin yield for Metaplanet na 170% since start of year, quarterly yield na 24.6%. Bitcoin per diluted share don rise to 0.0201 from 0.00088 last year. CEO Simon Gerovich talk say BTC na way to protect dem from yen wey dey weak and government debt risk. For Q1 FY2025, the company talk say dem make record revenue of ¥877 million and profit of ¥593 million. Their stock don jump 179% YTD and 1,391% for the past year.

Blockchain intelligence firm Arkham don expose di biggest Bitcoin hack for di world wey happen for Chinese mining pool Lubian. For December 28, 2020, di attackers use weak 32-bit entropy for Lubian Trust Wallet code comot 127,426 BTC — wey be $3.5 billion for dat time, now e worth like $14.5 billion. Dem comot 90% of di pool reserves before Lubian transfer di remaining 11,886 BTC go recovery wallets. Di next day, another $6 million worth of BTC and USDT comot. Lubian no talk about di breach and them shut down quietly for early 2021 as rumor of regulatory crackdown dey go round. Dem try recover money by over 1,500 small transactions. Arkham on-chain analysis show say na private key generation failure cause di hack, no be regulation. Di stolen coins just dey sleep until dem gather am reach one address in 2024, make di hacker become 13th biggest BTC holder. Dis Bitcoin hack show how wallet security get wahala and di need make crypto platforms wey dey centralized get better transparency and operational controls.

Justin Sun dey go space again wit Blue Origin New Shepard launch tonight for 8:34 PM. De event go stream live for Blue Origin website. Justin Sun bin win de first crew seat for 2021 wit $28 million bid and e donate all di money to Club for the Future to support youth STEM education worldwide. Dis milestone show how crypto leadership dey join space tourism charity work. Traders fit expect say price go remain neutral short term, but di launch fit boost long term brand image for Sun ventures.

U.S. Securities and Exchange Commission (SEC) don raise position limits for most Bitcoin ETF options, e dey allow investors hold up to ten times more contracts. This change fit make traders fit run covered calls and other income ways for big scale. By make Bitcoin ETF options capacity bigger, SEC dey try reduce sharp price waka and make volatility low. Data from Deribit’s BTC Volatility Index show drop from 90 to 38 points for four years, but the level still pass normal assets. According to NYDIG Research, less volatility make Bitcoin ETF options better for institutional investors wey dey look for balanced risk. More activity for Bitcoin ETF options fit create feedback loop: lower volatility dey push spot demand, e go support market stability and make buying pressure steady. Industry people like Ray Dalio talk say crypto currency na hedge as U.S. debt dey rise. Traders suppose dey watch Bitcoin ETF options volume and volatility metrics to sabi how market dey and to expect how price fit trend.

Ex UK Chancellor George Osborne don warn say UK current crypto regulation dey slow compared to other countries for the world. For one Financial Times op-ed, e talk say Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey no dey move quick, and say dem no get clear law framework especially for stablecoins. Osborne talk say na big chance dem miss like the 1980s ‘Big Bang’ reform and warn say talent and money fit waka go countries wey dey more progressive. E suggest make dem set up special task force, make stablecoin law quick, and follow phased, adaptive regulation like US, EU, Singapore and Abu Dhabi. Osborne talk say government, regulators and industry must work together steady steady to balance innovation with consumer protection. If dem no quick action for crypto regulation, UK fit lose im advantage for digital asset market.

Ethereum whales don still dey gather like $300 million worth ETH during the weekend through Galaxy Digital’s OTC desk, wey push one address holdings reach 79,461 ETH. BlackRock’s iShares Ethereum Trust ETF gather $1.7 billion inflows inside ten trading sessions, wey cause 40% rise for ETF-related ETH holdings for one month, according to Dune Analytics. Glassnode yan say over 200 new addresses hold pass 10,000 ETH since July. ETH price drop below $3,400 before e bounce back to $3,560 as people dey expect new liquidity and possible Fed monetary easing. Even with August typical bearish season wey dey follow Bitcoin trend, the steady whale accumulation and record ETF inflows fit mean say ETH traders get bullish momentum.

Cardano community don approve governance proposal wey get 74% support, wey unlock 96 million ADA (~$71M) for treasury funding to do network upgrade wey go last 12 months. Dis treasury funding arrangement show how Cardano dey proactive for governance and how dem dey serious about accountability. The roadmap focus on scalability, developer experience and interoperability. Dem go release money based on milestones through Intersect wey be member-based under smart contract supervision with monthly progress reports, engineering timesheets and quarterly budget breakdowns for better transparency. Key projects na Hydra, layer-2 protocol wey go make transactions faster and cheap, plus Project Acropolis, modular refactor of Cardano’s node to make am easy for developers to start. Community concern over cost and transparency don prompt better accountability measures and suggestion to divide future proposals into smaller votes. The network upgrade wan reduce transaction fees, optimize RAM use and boost cross-chain compatibility which fit improve Cardano utility and market position.

Q2 crypto earnings show big gains and changes for sector. MicroStrategy make $14.0B revenue and $10.0B net profit, wen $unrealised Bitcoin fair value gains push dem BTC holdings up to 628,791. Coinbase revenue drop 26% to $1.50B, but still get $1.43B net profit because of $1.5B gain from Circle investment plus $362M crypto gains, as core trading fees no too strong. Stablecoin company Tether report $4.9B net profit, backed by $1.27T US Treasuries plus $89B Bitcoin reserves. Robinhood make $989M revenue, crypto trading revenue rise 98%, boost net profit to $386M. Kraken see revenue fall to $412M and adjusted EBITDA drop to $80M because trading volume slow; dem plan to add stock and derivatives services and go for IPO in 2026. Riot Platforms double revenue to $153M, mined 1,426 BTC and report $219.5M net profit. Dis crypto earnings show wider trend in the industry from only trading fees to many kinds of financial services, tokenized assets and derivatives. Traders need to watch how well Bitcoin yield dey do, how firms fit adjust to rules and market volatility for chance to trade well.

Metaplanet don buy 463 BTC for average price of $115,895 during one kain 5% price dip for August, dem spend ¥8 billion ($53.7 million). This one make their total Bitcoin dem get reach 17,595 BTC wey value pass $2 billion—na im make dem be the seventh largest company wey get Bitcoin. To fit continue dey buy more Bitcoin until dem reach their target of 210,000 BTC by end of 2027, Metaplanet go issue up to $3.73 billion for perpetual preferred shares wey get as e be up to 6% annual dividend, e mirror MicroStrategy way dey preserve equity. Corporate Bitcoin adoption still dey increase: 162 companies wey dem list for stock market now get BTC, plus institutional buyers add $7.8 billion for late July even though e get $812.3 million wey waka comot from spot US Bitcoin ETF on August 1. This steady Bitcoin buying somehow show sey confidence dey grow for Bitcoin as one long-term asset wey Companies fit use for treasury.

El Salvador dem Bitcoin reserves don rise by 8 BTC dis week, bring di total Bitcoin reserves to 6,258.18 BTC (about $715 million). Dis show say dem dey keep dey add Bitcoin every week since una legalize am as legal tender for 2021. Government talk say di plan na to diversify assets, make financial system open for everybody, reduce remittance cost plus attract global crypto investment. As one of di biggest country-level BTC holders, El Salvador steady buy show say dem get beta confidence for crypto adoption. Traders suppose sabi say dis open way of building reserves fit support market mindset and make oda countries start to check sovereign crypto reserves, wey fit help stabilize price wahala.

XRP price don drop 17% from im all-time high wey na $3.65 for July, e come slide go around $2.99 as momentum don cool down. On-chain data show MVRV death cross—wey mean say short-term market value dey below realized value—this one dey show say risk for more down move high. Trading volume don drop over 23% to $4.83 billion, as derivatives open interest rise 2% to $7.33 billion, and derivatives volume fall 34%, e mean say traders dey careful dey hold their position for uncertain market. Technical side, XRP price dey trade under im 10-day and 20-day EMAs of $3.02 and $3.01, e dey give sell signals. RSI stand for 51.3 (neutral) and Stochastic RSI near 14 dey hint say market oversold and short-term bounce fit happen. Longer-term EMAs for $2.79 (50-day) and $2.34 (200-day) still dey support uptrend. The main resistance dey $3.20, support levels dey $2.95 and $2.75; if e break below $2.75, e fit open $2.50 zone. Traders suppose dey watch these technical indicators, trading volume and the MVRV death cross well well to sabi the momentum and next move for XRP price.

Valentina Picozzi dem Satoshi statue find wet inside Lake Lugano, e come broken pieces after. E mean say na vandalism dem do, no be theft. Di statue get im foot still weld to di base for Parco Ciani. Art group Satoshigallery give 0.1 BTC reward if pesin give info wey fit bring am back safe. Nobody sabi why dem do am, but dem dey talk say e fit get connection with Swiss National Day celebration. Big crypto people like Gabor Gurbacs and Paolo Ardoino talk say vandalism na rubbish. Satoshigallery wan still put up 21 statues for many places around world to show say Bitcoin movement still get big culture importance.

BitMEX co-founder Arthur Hayes don sell crypto worth $13M dis weekend, as e sell off 2,373 ETH, 7.76 million ENA and 38.9 billion PEPE. E talk say US tariff wahala dem, weak nonfarm payrolls and slow credit growth fit make deflation risk, so e put more than 80% of the money for USDC stablecoin for dis crypto sell-off. For X, Hayes talk say Bitcoin fit reach $100,000 and Ethereum fit come back to $3,000 because of gbege wey dey for geopolitical area and wan small momentum wey altcoin get don weak. The whole crypto market cap na $3.62 trillion, BTC drop 4.2% for the week dey near $114K and ETH drop 8.6% dey near $3,500. Traders suppose dey watch tariff level, stablecoin movement and important job data to know how market go move.

SharpLink don increase dia institutional Ethereum waka pass as e spend $108.6 million for USDC through Galaxy Digital OTC desk to buy 31,941 ETH at average price wey near $3,530-$3,828. Dis trading, we Arkham Intelligence don confirm, don boost dia holdings pass 470,000 ETH (~$1.65 billion), make SharpLink be the second biggest corporate ETH treasury. At the same time, The Ether Machine add 15,000 ETH for $3,809 each, raise dia treasury to 334,757 ETH, pass Ethereum Foundation. Corporate Ethereum treasuries don surpass $10 billion, with BitMine wey hold 625,000 ETH lead am. Industry chiefs talk say staking yields, DeFi use and law clarity na the main reasons for institutional wakka. Buying during the $3,900 dip, we OTC trading help reduce slippage, fit help stabilize market during volatility.

Metaplanet don buy 463 BTC for their latest purchase, e make their Bitcoin holdings reach 17,595 BTC. The Japanese company dey align their corporate treasury strategy with global players by diversifying into digital assets. Dem dey use Bitcoin as inflation hedge and balance sheet enhancer. Even though Japan regulatory framework dey change and Bitcoin price dey volatyle, Metaplanet dey show confidence with their transparent disclosure and risk management say Bitcoin get long-term value. This move na follow MicroStrategy own and fit make other Japanese companies start to look crypto adoption. As companies dey accumulate Bitcoin, e fit quicken regulatory clarity and help market stability. Traders suppose dey watch for more institutional buying as possible bullish signs for Bitcoin.

As Bitcoin price dey cool down and big cap tokens dey lose momentum, altcoin rotation dey happen as traders dey shift money go early-stage tokens and mid-cap projects wey get better tokenomics and strong community backing. Bitcoin dominance dey go down, trading volume for low-cap ecosystems dey increase, plus new wallets dem dey grow, dis show say people wan take more risk. New projects dem dey often launch through easy presales or private channels, wey get chance to breakout before dem list for big exchanges. One big example na MAGACOIN FINANCE, wey get weekly peaks for investor participation and tight token distribution like early times for SHIBA INU and DOGECOIN. E low market cap and dey gain visibility for platforms like CoinGecko don create buzz before presale close and exchange listings. From past patterns, including PEPE parabolic rise, e show say timing plus narrative-driven early altcoins fit give big returns. For traders, the key be to act before hype peak. If you monitor on-chain activities, community metrics, and tokenomics, you fit find high momentum assets. Early entry like MAGACOIN FINANCE fit bring big gains as market cycle dey favor new stories.

Bitcoin drop 7.5% from im record high wey near $123,250, e test di 50-day EMA again make e form “perfect bottom.” Normally, dis moving average dey give strong support, e spark 25% rebound for June after similar fallback before. Analysts talk say if e drop again reach di $110,000–$112,000 level, e go make dis base strong before di next rally. Price still test di neckline of inverted head-and-shoulders pattern. If breakout confirm, e fit drive Bitcoin go $148,250, and market people dey eye di $150,000 level for 2025. On-chain data from CryptoQuant show say whales carry profit three times—when US spot ETF approve, when e pass $100,000, and when e breakout $120,000—then each time, price go enter two to four months consolidation phase. Dis kind cooling time usually make way for more buying and new all-time highs. Di way situation dey now show say the recent drop na better reset for Bitcoin, e dey prepare ground for possible rally near $150,000.

One anonymous Smart Money Wallet lead one $138 million Ethereum sell-off by selling 38,582 ETH dis week. On-chain analysis show say e acquire 77,700 ETH for Kraken since early 2024 at average cost of $2,600 per token. By selling at average price of $3,577, the wallet secure $36.6 million profit. E still hold 25,054 ETH, mainly deposit for Aave for ongoing DeFi strategies. This big scale Ethereum sell-off show say smart traders dey take profit and rebalance their portfolio. Even though such sale fit cause short-term downward pressure for ETH prices, deep liquidity and steady demand fit absorb the supply without big wahala. Traders suppose track the Smart Money Wallet movements, use on-chain analytics, and apply disciplined strategies like diversification and dollar-cost averaging to navigate potential market changes.

For August 3, 2025, Justin Sun don do 10-minute suborbital flight for aboard Blue Origin’s New Shepard rocket, cross Kármán line and become youngest Chinese commercial astronaut. Sun win di first crew seat for 2021 with $28 million bid and donate di money to Blue Origin’s Club for the Future to support global STEM education. New Shepard mission reach pass 100 km altitude, offer several minutes weightlessness before safe touchdown for Texas. Highlight im experience, Sun thank Jeff Bezos team and call for environmental protection after im see Earth fragility from space. Him words show growing eco-awareness among space tourists and boost Blue Origin role for reduce private mission barrier. Under Sun leadership, TRON dey serve over 320 million users with $82.6 billion on-chain USDT issuance and 3 million daily active addresses. TRON stablecoin settlement volume ready to challenge big payment networks. Dis high-profile flight and Sun environmental pledge fit increase investor confidence for TRON market position and bring more interest for blockchain-based stablecoins.

David Sacks wey be former White House AI and crypto oga talk say people fear about AI go make dem lose job too much. E talk say AI automation still need human dem to give command, to watch and to check before e fit deliver business result. Microsoft Research do study on 200,000 Bing Copilot chat, e find say knowledge-based crypto jobs – like journalists, news people, technical writers – and customer service jobs dey risk pass, but data workers like market research analyst and data scientists no too get much AI effect. Balaji Srinivasan wey be former Coinbase CTO stand gidigba for this talk, say AI dey replace old model dem, no be human workers. US Department of Labor talk say July month, dem get 73,000 new jobs, e no reach wetin dem plan; plus crypto jobs for big job platform dem begin grow small small. For traders, the analysis talk say: people dey exaggerate about AI job loss – automation go make routine work easy but e still need person to watch am; so no go get plenty crypto job loss but productivity go increase.

From October 8, UK Financial Conduct Authority (FCA) go allow retail investors make trade crypto ETNs for regulated platforms. Since January 2021, FCA don ban retail access to exchange-traded notes and crypto derivatives because market dey too volatile and investors dem no too want am. Director David Geale talk say market don mature, so crypto ETNs — which na unsecured debt instruments wey dey track asset prices like Bitcoin — don become more common and easier to understand. Retail traders fit now get exposure to digital assets through normal brokers without owning cryptocurrencies directly. But crypto derivatives like futures and options still dey banned for retail investors, and FCA go continue dey monitor this restriction. Dis move align UK rules with international trends while protecting investors from high leverage and volatility.

Altcoin Season Index don drop reach 40, e mean say Bitcoin Season go last longer. For the past 90 days, Bitcoin don perform pass more than 75% of the top 100 altcoins dem. Less than 25% of altcoins beat how Bitcoin perform, this one push capital flow enter BTC and make Bitcoin market dominance grow while e reduce altcoin wahala (volatility). Main things wey dey drive this change na macroeconomic wahala, institutional money wey dey enter through spot ETFs, waiting for halving, plus Bitcoin get digital-gold story. Traders suppose dey gather Bitcoin with dollar-cost averaging and make dem dey rebalance dem portfolio to put more weight for BTC. Dem gats also check out altcoins wey get better chance before next altcoin season and make dem dey manage risk well for tokens wey no too dey perform. For history, altcoin seasons dey follow when Bitcoin dominance peak, new DeFi/NFT story, economy stable or big altcoin upgrades happen. If dem dey watch these triggers plus Altcoin Season Index, e go help traders fit position well for next altcoin season cycle.