Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Di Indian Rupee don weak against di US Dollar, e dey near record low levels, as US Dollar strong, crude oil price dem dey rise, plus foreign institutional investors (FII) dey carry money comot. Dis kain trend dey show sey Asia FX dey volatile as Indian Rupee and other nearby currencies like JPY, KRW, THB, and MYR dey face pressure. Market people dey wait for RBI rate decision, we fit be interest rate go up to control inflation, or dem fit hold make dem see how growth go run, or policy fit change. RBI get big palava between to control imported inflation and support economic growth. Currency wahala dey affect business with high import cost, inflation pressure, plus small small profit, but exporters fit enjoy cos dem get better competition. Traders suppose dey observe interest rate difference, commodity price and geopolitical risk. Better way to reduce currency risk na hedging, diversification, and local sourcing. RBI decision go be major push for Rupee direction now and Asia FX volatility, e go also shape trading strategy and how market go stable.

Markets don don price say Federal Reserve go cut rate three times by January, wit futures show 94% chance for cut for September and prediction markets dey gimme similar chance. Wise Advice talk say dem don full price the cuts for September, October and December, mean dem plan to cut total 100 basis points. Goldman Sachs say e fit cut more if unemployment go up. When borrowing costs go down, e dey push liquidity into risk assets, put crypto liquidity front and center. Analysts talk say money first go Bitcoin (BTC) and Ethereum (ETH) before e shift to altcoins, DeFi projects and layer-2 networks. This two-phase rally pattern mean Bitcoin and Ethereum go recover first, then big altseason surge go happen for AI tokens and real-world asset platforms. Traders dey prepare for this liquidity wave, dey see Fed rate cuts as di trigger for crypto momentum. Everybody dey eye upcoming Fed meetings to see di next big market move.

Galaxy Digital don file with SEC make dem fit try turn dia Class A stock to token, dem dey work with regulated transfer agent Superstate Services to develop digital issuance model. Bitcoin and cryptocurrency asset manager wey Mike Novogratz lead sign Digital Transfer Agency Agreement with Superstate for May to allow make share transfer dey on chain. The plan be to start 24/7 trading channel for GLXY tokens, make non-US investors fit join and make liquidity for decentralized finance apps like lending and trading better. Tokenized-stock market still dey early stages, Galaxy Digital warn say on-chain trading fit get lower liquidity, volume and regulatory okei pass traditional exchanges like Nasdaq. For the meantime, their Q2 financial results show say total revenue be $8.7m, e remain same year-to-year, but net revenues and operating income fall 30% quarter on quarter. Assets wey dem manage reduce 43% to $6.3bn even though dem sell over 80,000 BTC for clients. Galaxy Digital come back to profit with net income of $30.7m, but shares drop 9% to $26.26 after the news.

SEC Commissioner Hester Peirce don dey urge Congress make dem protect crypto privacy rights and support open-source developers before Tornado Cash co-founder trial. For Science of Blockchain Conference, Peirce talk say regulators suppose welcome privacy-protecting technology and make sure say people fit hold their own digital assets. She talk say immutable, open-source protocols no suppose suffer because of how third-party dem take misuse am and she oppose any law wey fit make middlemen dey monitor peer-to-peer transactions. Peirce dey stress as crypto privacy rights important so dat users fit transact freely. She mention how President’s Working Group recommend clear regulatory ways for software developers and she warn say laws wey make business dey spy on users no good. This one come after Treasury and IRS comot law wey force DeFi platforms to report user data. The Tornado Cash trial wey dey come fit make developers face criminal charges and e fit stop privacy software innovation.

Demand for Bitcoin strategic reserve dey increase as top institutions and sovereign entities dey quietly add BTC for their balance sheets. Since 2025, companies like Tesla, Square, plus private funds don shift from seeing Bitcoin as speculative asset to treating am as protection against inflation and currency devaluation. On sovereign side, El Salvador Bitcoin bond pilot plus reports say Middle East and Latin American resource exporters dey interested in BTC-denominated energy settlements, wey show say sovereign adoption dey grow. This move beyond short-term arbitrage—amid US dollar constraints, geopolitical risk, and bigcentral bank balance sheets, Bitcoin dey offer non-sovereign value anchor. But, strategic reserve accumulation get risk: high price volatility, regulatory uncertainty, and possible backlash for de-dollarization. With ETF frameworks dey mature and infrastructure dey improve, institutional and sovereign Bitcoin uptake fit accelerate more, especially after 2025 halving wey tighten supply. Traders suppose watch how this changing Bitcoin reserve story go affect liquidity, volatility, and long-term price support for crypto markets.

Coinbase don set price for $2.6 billion convertible debt wey dem dey use for general corporate purposes. The convertible debt get senior notes wey go expire for 2028 and 2030 with low coupon rates. The money wey dem go collect go make corporate liquidity strong and support strategic growth moves. Investors fit convert the notes to equity at one fixed premium, so dilution risk dey capped. This deal show how Coinbase dey move for capital markets to secure long-term finance.

For one recent speech, SEC Chairman Paul Atkins talk am new plan for crypto regulation wey fit help boost Bitcoin and decentralized finance (DeFi). Bitwise CIO Matt Hougan talk say Atkins speech na the most optimistic crypto talk wey im don see. Atkins talk say clear rules go help put blockchain technology enter financial markets, move assets like stocks, bonds and dollars onto public blockchains. This kind regulatory clarity fit open road for DeFi apps to grow well well. Hougan mention say blockchain exposure get better chance and crypto “super apps” fit grow plenty. Traders fit see Bitcoin prices rise as investor confidence go increase under clear and transparent rules.

OpenAI dey explore second stock sale to boost im valuation to $500 billion from old $300 billion. The proposed transaction, na part of $40 billion fundraising plan dis year, go allow current and past employees sell their shares, to help with talent retention wahala. Existing investors like Thrive Capital don show interest to buy employee stakes, while Microsoft, as biggest backer, must approve any move to for-profit structure. OpenAI valuation talks with Microsoft also connect with e long-term IPO plans, as dem dey compete for research talent from Meta and other big tech company dem.

XRP price no fit maintain di gains pass di $3.10 level and e drop back go under $3.00 and di 100-hour SMA. Di price break below one bullish trend line wey dey $3.06 before e drop reach di 23.6% Fib retracement level. XRP price support dey for $2.92, with key demand for $2.88 and $2.75. For di upside, resistance dey for $2.95, $3.00 and $3.10. Technical indicators show say MACD bearish and RSI dey below 50, wey mean say more consolidation or correction fit happen. Traders suppose watch di $2.88 level for possible rebound or deeper fall towards $2.81.

Lawyer Wu Wenqian don clear some big misunderstanding about di Hong Kong stablecoin law wey go start dey work from August 1, 2025. According to dis law, only stablecoins wey dem issue for Hong Kong or wey get one-on-one pegging to Hong Kong dollar (HKD) go dey regulated. USDT and USDC, wey dem mint for abroad and get pegging to USD, no dey under dis regulation. OTC trading of USDT and USDC still dey legal till dem bring specific OTC license. Di law give HKMA clear power, make dem follow official process before dem fit extend di regulation. To get license depend on how di compliance model be: closed-loop, KYC completed ones like e-commerce issuers get better chance but open DeFi models face big wahala. Big institutions like JD.com, Ant Group, banks, plus government-owned companies dey actively apply for HKD stablecoin licenses but dem dey encounter strict checking. Wu talk say Hong Kong regulation steady and dey go step by step unlike US wey policy dey change anyhow. E also clear say offshore RMB no be stablecoin under current rules. Dis law go set base for compliant and transparent HKD stablecoin ecosystem.

Galaxy Digital wey be crypto asset manager don unstake 250,000 SOL tokens (wey be about $40.7 million) from Solana network dem move am go Binance, Lookonchain on-chain analytics platform talk so on August 6. Dis kain big unstake plus deposit for big exchange fit mean say Galaxy Digital dey reorganize their liquidity or dem dey plan to sell big part of their SOL holdings. For past time, when big SOL con enter exchange, e dey cause short-term selling pressure plus e dey make market shake. Traders suppose dey watch how money dey flow, order book data for Binance, plus the on-chain staking metrics if dem wan sabi how e fit affect market.

SOL Strategies, wey be validator wey dey Toronto for Solana ecosystem, don report say dem grow wella for July. The firm SOL holdings don rise reach 396,717 SOL, plus 26,440 JitoSOL from liquid staking. Validator revenue climb 15% from one month go another, show say their Solana staking business dey efficient. Assets wey dem put under delegation reach 3,551,797 SOL, wey show say SOL holders get more trust for dem. This expansion show how SOL Strategies dey help secure network and make Solana decentralized. For crypto traders, the increase for validator revenue and the big SOL holdings mean say staking profits dey solid and ecosystem dey healthy. Rising validator revenue mean network activities and staking yields don improve, wey fit give better insight on Solana staking potential.

For August 6, 2025, MoonBull launch im whitelist program wey dey give early investors special chance enter him upcoming meme coin presale for Ethereum. The project follow Dogecoin legacy, and e wan reward whitelist members with discounted token prices, bonus allocations and staking rewards. Participants fit secure presale tokens before the public launch, plus dey fit use advanced trading tools and get passive yield options. MoonBull smart contracts dey for Ethereum to make sure say network secure and e fit for DeFi. Membership benefits include early price entry, elite staking rewards plus private roadmap insights. After whitelist close, investors fit still join public sale but no discounts or staking benefits go dey. Since announcement, thousands don register, presale and token distribution dey planned for Q4 2025. Analysts talk say meme coin presales dey usually see price jumps of 5–10× after launch, though volatility still high. With limited whitelist slots and demand for meme coins dey grow, early access through MoonBull whitelist fit maximize returns, just like rapid rally wey Dogecoin and others see.

Two California people, Quan Fa “Arvin” Dong and David Luhan Liu, dem don face charge for illegal export of Nvidia AI chips go China pass wetin US export control allow. Dem between 2021 and 2022 arrange Taiwan-based shell company to buy Nvidia A100, H100 and H800 GPUs from local dealers. Dem falsify invoice and send the things pass Hong Kong and Taiwan to hide the correct person wey go use am – Huawei subsidiary wey dey Shenzhen. The open charge for the Southern District of California talk say dem conspire to break Export Administration Regulations. If dem catch dem, dem fit spend up to 20 years for prison plus big fine. This case show how US and China tech matter dey heat up and semiconductor export controls dem strong well well.

As di next altcoin season dey approach, di token supply matter dey change gbagam. Since 2021, di number of crypto tokens don jump from 428,000 to close to 7 million. But 3.7 million tokens don already vanish—plus 1.8 million vanish for Q1 2025—like di dot-com crash kind wipeout. Dis clean-up dey shift money from speculative meme coins to DeFi big boys wey dey generate revenue like Aave (AAVE), Uniswap (UNI) and Lido (LDO). New projects like Hyperliquid and tins like AI integration, real-world asset tokenization, and compliance-friendly pools dey pull institutional funds. Features like Coinbase’s Uniswap v4 verified pools and Aave Arc show dis change. Meanwhile, altcoin market cap dey show “golden cross” on key moving averages—dis na historic bullish tanda for big rallies. Traders wey dey eye di next altcoin season suppose focus on projects with clear utility, revenue, and regulatory readiness.

Di State of Michigan Retirement System don triple dia ARK 21Shares Bitcoin ETF (ARKB) holdings from 100,000 to 300,000 shares for Q2, wey show say institutions dey adopt Bitcoin ETF products more. Michigan bin first US pension fund wey invest for Grayscale Ethereum Trust by adding 460,000 ETHE shares. Alongside dis, state legislators bring four pro-crypto bills to set up full regulatory framework, wey cover state-level crypto investment, mining for idle oil and gas fields, plus wider blockchain innovation. For technical side, Bitcoin price near $113,000 dey lose momentum. Bearish crossover for 5-, 8- and 13-day SMAs plus RSI around 44 show say e fit drop to $110,000 and $107,000 support levels. But if e fit regain 13-day SMA at $113,770 and break $116,000 with strong volume, e fit cause short squeeze go $120,000 and $125,000. Traders suppose watch Bitcoin ETF inflows and price signs to sabi institutional demand trends and market stability.

Shiba Inu (SHIB) don don break pass long-term descending channel, now e dey consolidate between $0.000011 and $0.000012. This breakout show say market go bullish for SHIB and e show strong support for this levels. On-chain data show say active address count steady reach 1.41 million, e mean network activity stable during consolidation. SHIB slip 7% last week as trading quiet small, average daily volume na $197 million. Technical indicators still support more gains: token dey trade above im 50-day moving average while Relative Strength Index cool down to neutral, this one mean say space dey for another rally. Analysts dey project resistance levels at $0.000014, $0.000018, $0.000021 and main target na $0.000025. Before, falling wedge breakout also point to say price go continue dey rise. Traders suppose dey watch volume profile and on-chain metrics well to know when to enter as SHIB dey eye next resistance.

Ethereum price find support around $3,400 and rally pass $3,700, but bulls no fit keep their gains. For the hourly chart, ETH dey trade under the 100-hourly moving average at $3,600 after e break one bullish trend line for $3,620. Main resistance levels dey for $3,700, $3,750 and $3,820, and if e clear pass $3,820, e go open road to $4,000 and $4,120. If price no fit reclaim $3,620, initial support dem be $3,550 and $3,510, then $3,420 and $3,350. Technical indicators like bearish MACD and RSI under 50 dey show say short-term downside risk dey. Traders suppose dey watch support for $3,500 and resistance near $3,700 to sabi the next big move for Ethereum price.

Japanese company Metaplanet don buy Bitcoin, dem buy 463 BTC for $53.7 million at average price $115,895. Dis purchase raise their holding to 17,795 BTC (about $1.78 billion). Metaplanet dey aim for 210,000 BTC by 2027, including 30,000 BTC by end of 2024 and over 100,000 BTC for 2026. To take fund more Bitcoin buys, the Tokyo-listed company plan to raise $3.7 billion capital through perpetual preferred shares, after dem shareholders approve am for upcoming EGM. Their aggressive BTC piling dey mimic the moves of top corporate holders like MicroStrategy. Meanwhile, traders for Solana (SOL) and Stellar (XLM) dey switch to MAGACOIN FINANCE. This altcoin get deflationary mechanics and utility-driven ecosystem wey people dey compare to early Binance Coin (BNB). Analysts talk say MAGACOIN get potential to grow 33× based on current market cap, roadmap milestones, and community growth. Metaplanet’s Bitcoin buy dey cause market FOMO and push altcoin rotation to high-growth projects like MAGACOIN.

Pacman, wey be co-founder of NFT marketplace Blur and L2 aggregator Blast, respond to one user question for X (wey dem former call Twitter) confirm say e dey excited to show their next product. This short teaser come after three months wey Blast official X account no talk anything, dem last post na May 13. Even though details still dey secret, the announcement don make traders dey interested for BLUR and BLAST tokens. Market people suppose dey watch official channels for update because if launch go successful, e fit make trading volume increase and affect token price.

Galaxy Digital wey Mike Novogratz dey lead help one strong whale wey don long time dey get Bitcoin sell 80,000 BTC (na about $9 billion) through im OTC desk. Dem still help big big ETH buy for institution clients. Di company Q2 report show say dem make net income of $30.7 million, after dem loss $125.6 million for last year. Di asset wey dem manage come grow to $9.09 billion plus $1.2 billion na cash and stablecoins. Di staking volume rise by 27% reach $9 billion through partnerships like Fireblocks. Di Bitcoin wey dem hold increase by 4,272 reach 17,102 BTC, but di ETH position reduce to 90,500. Di Galaxy Nasdaq listing for GLXY don see share price jump 48% since beginning of di year, dis show market get better confidence. Dis kind result show Galaxy Digital get deep liquidity, strong OTC ability and e get big role to connect traditional finance with on-chain markets, dis na why dem be Wall Street most crypto-savvy company.

MetaMask dem dey work wit payment giant Stripe to launch new stablecoin wey dem call mmUSD. According to one leaked Aggr News screenshot, Stripe go issue mmUSD, meanwhile MetaMask go put am for dia wallet wey get over 30 million active users. The stablecoin go use M^0 off-chain settlement framework wey dey handle trade matching and clearing off-chain before dem record the final transaction on-chain. Dis design dey aim to reduce transaction fees, ease network congestion, and make confirmation time like traditional card payment. The framework also get built-in KYC, AML, and reserve auditing modules to make sure dem fit comply with new regulations. Even though MetaMask nor Stripe never officially confirm the plan, mmUSD fit change the stablecoin market by offering regulated and efficient alternative to competitors like USDC and DAI.

Pantera Capital founder Dan Morehead turn him hedge fund be one of di first Bitcoin funds for 2013. E buy Bitcoin for $65 and survive di Mt. Gox collapse for 2014 wey wipe 85% of e value. Even though e face early wahala, Pantera Capital don raise over $4 billion for assets wey dem dey manage, support BTC and ETH plus make more than 1,000x returns on dia main Bitcoin fund. Morehead steady belief bring support from big investors like Pete Briger and Mike Novogratz. Pantera still invest for projects like Ripple (XRP) and Circle, show say dem sabi diversify for crypto. Di firm dey close dia fourth venture fund now and e dey target $1 billion for dia fifth. Bitcoin still dey central for Pantera Capital thesis, with Morehead dey forecast say di price go double within one year. This success story show say Bitcoin dey attractive to institutions and e mean say crypto market go still dey bullish.

Pump.fun don log e worst mon dem wit record revenue drop. For July 2025, di Solana memecoin launchpad post just $24.96 million — drop 80% from e peak wey reach for January $130–137 million. Dis Pump.fun revenue drop follow steady down: $90 million for February, $37 million for March, plus about $40 million from April reach June. Daily volume sef drop gidigba. July 28 di revenue fall reach $293,000, na di first time wey e fall under $300,000 since September. Overall trading volume reduce from $700 million peak to like $150 million by early August, e show say people no too dey involved again. Even di PUMP token wey belong to dem loss half value for one month, from $0.006 for launch to $0.003, na typical post-ICO drop. Plus di memecoin market cap dey shrink (from $85 billion to $65 billion), gbege dey wit tough competitor LetsBonk (wey grab 80% of Solana launches), plus class-action lawsuit wey talk say people dey do pump-and-dump. With hype dey cool down, rivals dey rise, plus law matter, Pump.fun revenue drop no be one-time mistake. Traders supposed dey watch how market share dey change and how law palava go finish before dem gatchu buy for down price.

Di latest approval of XRP ETF by SEC, plus permission for in-kind redemption, don rekindle crypto market hope. XRP lead di surge, Ethereum quickly follow, both get eyes now for possible big price waka. Traders consider am like big step for altcoin legitimacy and demand wey ETF dey drive. As momentum dey rise for top altcoins, money dey move enter new presale tokens. MAGACOIN FINANCE don appear as major beneficiary. Their presale dey attract plenty cash from retail and mid-sized holders, because of clean tokenomics, clear branding, and political cultural flavor. Early data show potential to gain up to 37x, but no guarantee say returns go come. XRP ETF approval signal new era for institutions; Ethereum ready to benefit from spillover. Smart traders dey balance their holdings between established crypto assets and high upside presale chances like MAGACOIN FINANCE. Now na good time to enter early, but timing still important for this quick-moving market.

Di MYX token drop reach 58% afta one scheduled token unlock weh release 1.28 million tokens for market. Hack VC claim dese tokens from one airdrop contract den do two big sell-off transactions weh make market liquidity scatter, cause rapid drop for price. On-chain data show sey Hack VC get MYX tokens worth about $2.16 million. Dis kain event show how token unlock fit bring wahala for price. Traders suppose dey watch vesting schedules, expect possible supply spike and manage their risk well well by diversification and proper research about tokenomics.

Ripple don give correct yawa feedback to U.S. Senate Banking Committee about the draft crypto market structure bill, dem base their talk on more than ten years of regulatory experience, plus their heavy fight with SEC. For their response, Ripple Chief Legal Officer, Stuart Alderoty talk say dem need to clear for who dey reason for SEC and CFTC so the industry go fit no dey confuse again. The company suggest make dem sharpen definitions, like introduce “auxiliary assets,” so tey balance consumer protection, market transparency and innovation well. The U.S. crypto law wey dem dey plan want define the main market structures, talk who go dey regulate am, make investors safe, plus solve new technical wahala. Ripple show how the U.S. crypto law fit take correct practical understanding to make the environment safe and transparent. Comments from all the industry, including Ripple, go help shape the final draft as Congress dey prepare for the next steps. The bill go soon enter Senate report phase before dem go vote for am.

Ethereum price shine past $3,700 afta 14 new whale wallets collect $3.16 billion in ETH for two days. Institutional holdings also climb, reserve rise from less than $3 billion for June to $10.8 billion, as funds like SharpLink add big positions. But Ethereum dey face resistance around $3,800 as $129 million ETF outflows happen last week plus bigger macroeconomic wahala. Important support levels dey between $3,620 and $3,660, if e fall below $3,580 liquidation wahala fit happen. Traders suppose watch these levels plus ongoing whale and institutional moves for short-term momentum, while long-term interest still strong because corporate adoption dey grow.

Coinbase don launch seedless CDP wallets—self-custodial embedded wallets wey get built-in security policies—through im Developer Platform. Dis wallets dey run for Trusted Execution Environment (TEE) without the need for browser extensions, which make developers fit integrate programmable, seedless CDP wallets direct into their apps with small code. Developers dey define wallet policies (allowlists, blocklists, value limits, message checks) through API or the CDP Portal. Policies dey stored as JSON and dem dey run when dem dey sign transaction, to prevent unauthorized transfers. Dis programmable security model dey tackle crypto theft—over $2.2 billion lost in 2025 and the 55 ETH AIXBT hack—by enforcing strict rules at di signing level. Seedless CDP wallets dey support swaps, on-ramps, and full control of funds. By embedding security for wallet architecture, Coinbase wan reduce key-management risks and boost trust. Traders and developers dey enjoy better protection and smooth integration of self-custody features inside decentralized apps.