Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

GoldenMining don launch cloud mining platform wey fit make holders of XRP dey earn daily passive income without wahala for technical matter. The platform dey use clean energy and better energy management system to reduce how dem dey spend money for operation and make more profit. Users fit rent remote computing power and choose from different mining contracts, including beginner trial ones and those wey get high returns. The contracts dey from one-day $15 Lite plan to 30-day $15,000 Elphapex DG2+ plan wey dey offer 45% total returns. Dem support deposit and withdrawal for BTC, ETH, XRP, USDT, and other coins. The platform also get referral program, multilingual customer service, 24/7 market analysis support, SSL encryption, and insurance backed by AIG for all contracts. The cloud mining model remove hardware cost and technical wahala, e provide clear returns, scalable mining capacity and make passive income easy.

Ethereum transactions don gwae reach 1.87 million per day, almost near record high. Dis increase na mostly because of stablecoin transfers—mainly Tether (USDT) and USDC—and more liquidity wey ETF bring. Nansen analyst, Jake Kennis talk say di recent GENIUS Act pass for US don make stablecoin law stronger, e make market trust better. At di same time, Ethereum ETFs dey bring traditional market money back enter crypto. Dis combo of tins show say users interest don increase for Ethereum network, pass other platforms like Solana (SOL). Even though e dey promising, analysts dey warn say dis trend fit no last because of changing regulations and macroeconomic tins. Traders suppose watch on-chain metrics and ETF money flow to sabi di future momentum for Ethereum transactions.

MEMEFI jaga almost 200% on August 6 afta Binance announce say dem go delist di token perpetual futures contract dem. Di sharp rally no because investors believe again but cos traders dem rush comot dia short position dem. Within 24 hours, MEMEFI trading volume reach pass $209 million, show say meme-coin sector dey very volatile. Even with di spike, di token still more than 80% below e all-time high, wey make people dey doubt if di movement fit last. Analysts dey warn say low liquidity, possible manipulation and developers wey no dey communicate fit make di price quick turn back once di mechanical buying pressure cool down. Traders suppose focus on fundamental analysis and risk management if dem wan take MEMEFI position for dis unpredictable altcoin market.

Ripple don respond to Senate Banking Committee draft Crypto Market Structure Bill, dem dey urge make regulatory clarity dey to define SEC and CFTC jurisdiction. Dem dey demand clear regulatory role to reduce legal wahala for digital asset market. For their RFI response, Ripple talk say unclear oversight boundary fit cause confusion for the industry. Dem challenge some extra asset rules wey fit make SEC dey check tokens like XRP, ETH and SOL long time, dem suggest make dem use CLARITY Act framework and remove tokens wey don dey open network pass five years from securities classification. Ripple also talk say Howey Test suppose clear make enforcement no dey open end. Dem sef support say federal law suppose carry head for top state laws about token classification, custody standards, market structure and stablecoin issuance to get uniform national rules. Ripple believe say all these things go help innovation, reduce legal risk and stabilize market.

Six months into di new US government plus di 119th Congress, di crypto policy mata show say legislative plus regulatory progress don better well-well but enforcement plus surveillance wahala still dey. Congress don push beta bills—GENIUS for stablecoins, CLARITY for market structure, plus di Blockchain Regulatory Certainty Act (BRCA) weh dey protect developers from money transmission wahala. SEC don start Project Crypto to set clear tokenization rules, and Commissioner Hester Peirce dey defend financial privacy. But DOJ prosecution against Tornado Cash plus Samourai Wallet developers still dey go on because of unlicensed money transmission, even though FinCEN 2019 guidance talk say no need make dem worry for developers wey no dey control. President’s Working Group report like legislative fix but dem still no sure for things like 6050I tax reporting, proposed mixer rule, new BSA categories, plus block-reward tax. Traders suppose note say regulatory clarity help market innovation plus stability, but AML surveillance plus developer risk still fit affect project development and token liquidity. Overall, US crypto policy outlook be cautious and neutral, balancing pro-innovation moves with leftover legal wahala.

PUMP token don climb 30% for di past week, e dey trade for $0.00338 with $390 million daily volume afta big whale dem gather and platform dey buy back. One big whale wallet buy 1.06 billion PUMP tokens ($3.3 million) and open 3× long position for 594 million tokens. Pump.fun still put back 144,800 SOL inside buybacks—pass 102% of e revenue—make price dey move up and make people feel beta. Platform dey shift focus to community-led projects through CTO (Community Takeover Token) status, wey dey offer beta visibility and income share; TROLL, di first CTO token, rise from $0.02 to $0.17 and now get $220 million market cap. Pump.fun co-founder Alon Cohen hint say dem get announcement with new incentives for organic community coins. Even though e dey trade below e all-time high $0.01214, analysts dey expect say e go try test $0.006 again as influencers and whales still dey show strong bullish moves. Di aggressive buybacks, whale moves, and strategic shift put PUMP token as one key asset wey people suppose watch.

Huynh Tran Quang Duy, wey be founder of crypto lending platform MyConstant, go pay $8.3 million for disgorgement, $1.5 million for prejudgment interest, plus $750,000 SEC penalty inside 14 days. From 2020 to 2022, MyConstant talk say dem go give low-risk, high-yield loans and join over 4,000 investors with $20 million collateralized crypto lending deals. But Duy secretly transfer nearly $12 million of customer money to buy TerraUSD, wey cause almost $8 million loss when stablecoin collapse for May 2022. Investors get fake loan performance reports and Duy also misuse about $415,000 for personal expenses. The SEC settlement get consent say make no repeat violation, even though no wrongdoing dey admitted. This case show say regulators dey watch crypto lending firms closely and the risk wey dey for opaque fund management.

MetaMask, di leadin self-custody Web3 wallet wey Consensys get, don join layer-1 Sei blockchain. Dis update don add MetaMask support to 11 networks, so users fit use Sei-based dApps, games, tokens and NFTs for their wallets. Native SEI swaps plus on-chain asset bridge make cross-chain swap and transfer easy. Users fit now bridge assets go Sei or buy SEI tokens without comot from MetaMask. Sei ecosystem dey grow sharply: daily transactions don pass 4.2 million, total value locked don reach over $600 million, and monthly active users don increase to 11 million. According to DeFiLlama, Sei stablecoin market cap rise over 30% last week to $265 million. This integration open Sei high-performance EVM infrastructure to over 100 million MetaMask users worldwide, make adoption and liquidity for SEI and related DeFi protocols increase.

Traders don dey shift dia focus from Dogecoin (DOGE) and Shiba Inu (SHIB) go Pepeto (PEPETO), one memecoin wey get real tokenomics and infrastructure. Pepeto get zero-fee swap (PepetoSwap) and native cross-chain bridge (PepetoBridge), wey go comot gas cost and liquidity fragmentation. The project get audited smart contracts, no trading tax, plus e dey allocate tokens for presale buyers (30%), staking (30%), liquidity (12.5%), and marketing (27.5%). Dem don raise over $6 million in presale and get community of 100,000 people. Pepeto dey for final talks for Tier-1 listings, including Binance. If Pepeto reach Dogecoin peak $88.7 billion market cap, e fit give 1,465× gain; if e match Shiba Inu $41 billion cap, e mean 673× return. This memecoin join growth potential with utility, making am beta choice for crypto traders going into 2025 cycle.

Mutuum Finance MUTM presale don raise over $14.1 million and dem don onboard more than 14,800 holders for Phase 6 at $0.035 per token. People wey invest for this phase fit expect 71.43% ROI when MUTM reach $0.06 launch price, with Phase 7 token price set at $0.04. The project partner with CertiK for $50,000 USDT bug bounty and finish security audit to make DeFi safer. Meanwhile, Solana (SOL) dey trade near im crucial $160–$165 support after e fall from above $180. Analysts talk say if dem fit defend this level, e fit open road for Solana to bounce back towards $180–$200, but if e fail, e fit cause solidae around $150–$155. The high demand for MUTM show say investors dey shift their attention to next-gen DeFi lending platforms even as SOL market dey consolidate.

Veteran trader Peter Brandt use X make talk say Bitcoin HODLers na "idiots" wey dey borrow money buy pizza, e tell dem make dem put risk management first before blind faith. Him straight talk make plenty people yan, e show say technical traders and ideological holders get gbege dey. As reply, Michael Saylor talk say Bitcoin na "asset wey dey waka for network, e get protocol wey dey manage am, and e base for ideology," e recognize market way and movement spirit. BTC dey trade close to $114,000 after 50% gain since January. Traders gats expect say wahala go high as public debates dey shape how people feel, but Bitcoin fundamentals still dey strong.

Law expert Bill Morgan don correct wrong claim about di August 15 deadline for di Ripple vs SEC appeal. No be like wetin Fabio Zuccàra post for social media, Judge Analisa Torres no get any decision wey she still go give; her work for di case don finish. Di only remaining step na for SEC commissioners to vote inside dem own people dem to dismiss their appeal. Ripple don already agree say dem go withdraw dia appeal after dem put $125 million penalty for escrow. August 15 na only di deadline to submit joint status report, no be to end di appeals. Early dismissal dey expected, but di parties fit ask for extension. After SEC make dia vote and both sides submit dismissal notices, di long legal fight go officially end. Dis update clear say court no dey involved again and di case na just procedural matter now.

Standard Chartered latest report don find say direct allocation to Ethereum treasury don pass as e dey give return pass ETH ETF since dem start. Analysts talk say corporate treasury wey hold ETH don make about 350% cumulative gain, but ETF na about 140% after dem collect fees. Report talk say cheaper management cost, staking rewards around 4–5% every year, plus less risk dey make am happen. Standard Chartered talk say if corporate still dey use Ethereum treasury like this, e fit make supply tight and push ETH price go $5,000 by end of year. Traders suppose dey watch how treasury money dey go and check staking yield gap to sabi when to trade.

Markets dey now assign 91% chance say dem go cut Fed rate for first time in 2025 during di September FOMC meeting. Di Federal Reserve don take different waka from im peers since e hold rates, meanwhile di ECB don cut rates twice dis year—once for March and again for June—make im benchmark rate more than 2% lower than US. For July, di ECB pause to reason uncertain trade policies and e reduce e 2026 inflation forecast to 1.6%, plus 2025 forecast na 2%. Di Bank of England cut rate for May but e hold June, talk say tension for Middle East and higher oil prices cause am, plus e still yan say rates go follow “gradual downward path.” Fed Chair Jerome Powell talk say dem dey depend on data and tariffs na main reason say dem dey delay action. E yan say US inflation forecast jump well well after tariff rise, so Fed decide to “go on hold.” Even though no decision don land for September, Powell warn say labour market get risk if dem delay cut. Past Fed rate cut usually make risk assets rise, so dis one na big trigger for traders.

Tether CEO Paolo Ardoino tok for X sey USDT transfer dem dey use about 40% of all gas fees dem for nine big blockchain network dem. Di analysis cover Ethereum, Tron, Toncoin, Solana, Binance Smart Chain (BSC), Avalanche, Arbitrum, Polygon an Optimism, wit di 7-day moving average of USDT fees share reach 40%. Ardoino talk sey hundred million people for emerging markt dem dey depend on USDT to cover demself from inflation and currency lost value. For most network, gas fees suppose pay for di native token—like ETH for Ethereum—but Tron sabi allow pay fee direct wit USDT. Him tori be sey blockchain wey get low gas fees and USDT payment go lead for future stablecoin use. Data from Sentora also show say stablecoin on-chain volume join reach record $1.5 trillion last month, show say strong transaction and fees dey happen because USDT demand. As dem report dis, Ethereum price near $3,600.

Di OM token, di main asset for MANTRA Layer-1 blockchain, don drop more than 96% from di peak wey e reach for February 2025 dat be $8.99 reach $0.2758 because investor confidence don drop. Recently, Inveniam Capital Partners put $20 million strategic money to help OM token regain ground. Inveniam go join their advanced data work and AI Agent Suite for MANTRA’s MultiVM setup, to make real-world asset (RWA) tokenization more secure and clear. Di partnership dey use regulatory support from UAE: MANTRA Finance FZE get VARA license for Dubai, while Inveniam dey work under ADGM for Abu Dhabi with G42. Dis regulatory clear system fit help quicken how institutions take am and grow RWA markets, wey dem project to grow by 75% CAGR to $19 trillion by 2033. As dis dey happen, OM token don gain 10.4% in 24 hours, dey trade pass di important $0.2523 support. If e hold well, e fit reach resistance for $0.3690 and go higher to targets like $0.5397 and $0.6533. Traders dey wait for MANTRA community talk on August 7, where di CEO go talk about MultiVM progress and di next plan, wey fit make market feel better for OM token and di growth of real-asset DeFi.

Institutional investors don push Ethereum price well pass Bitcoin in di last 90 days. ETH don jump 64.38%, from $1,808 go $3,684, while BTC remain small gain of just 10.72%, move from $94,748 to $115,375. According to MEXC Research Chief Analyst Shawn Young, company treasuries dey diversify go beyond Bitcoin, with ETH holdings for companies wey dem list nearly ten times since end of 2024. BitMine gather up $2.9 billion worth of ETH inside five weeks, become biggest corporate ETH holder. Companies like VERB and Sequans also dey grow their crypto assets. After some gbege over tokenomics and small on-chain volumes before, Ethereum “digital oil” talk don catch more attention as e support biggest DeFi ecosystem. This kin change show say institutional confidence in Ethereum dey rise, and e fit bring better market momentum.

Ethereum dey trade for $3,603, e dey compress inside one big monthly symmetrical triangle pattern since 2021. The main resistance na $4,100. If e close well pass dis level, e fit trigger breakout go $8,000 based on the triangle measured move. Institutional demand still strong as SharpLink Gaming just buy 83,561 ETH, but US Ethereum ETFs bin record $465 million outflows wey dey cool down short-term upside. On-chain data show say aggressive sellers don pass buyers by $418 million for taker volume. Support still dey for $3,100, traders dey watch sharp for breakout wey fit open big gains.

US Treasury get 261.5 million ounces of gold for Fort Knox, dem dey officially value am for $42.22 per ounce, or $11 billion total. But based on market price now wey be over $3,400 per ounce, the gold dem hold fit worth about $750 billion. Dis big gap don bring back talk about say make dem revalue gold so dem go fit unlock hidden capital to take help pay national debt or save am for strategic bitcoin reserve. One Federal Reserve research note sabi how countries like Germany and South Africa take gold revaluation finance debt reduction or cover loss dem. E talk the book keeping steps: make dem retire old gold certificates, revalue reserves, transfer assets to the Fed, then make dem issue new certificates without moving actual gold. People wey dey support the idea talk say the new money fit help pay the $37 trillion national debt or start sovereign wealth fund or bitcoin reserve, wey Senator Cynthia Lummis suggest and former President Trump agree. People wey no like the idea warn about inflation risk, secret money printing, and how this one get connection with the 1934 revaluation wey shift monetary control from Fed go Treasury. Even though Treasury Secretary Scott Bessent talk say e no go do revaluation, the Fed note show say the idea of gold revaluation fit dey get more acceptance now.

Tom Lee wey be Fundstrat co-founder dey talk say Ethereum (ETH) fit reach $6,000 by 2025. Him talk say Ethereum dey undervalue compared to Bitcoin and e dey get bigger role for AI development. E predict say ETH go reach $4,000 soon, because more people dey use am, market dey show good mind for altcoins, plus Ethereum don start get more use for AI. Analysts talk say Ethereum get higher chance to go up pass Bitcoin, especially because network upgrade don happen and DeFi dey grow. Important tins be Ethereum move go proof-of-stake, scaling solutions, plus e dey mix well with AI apps. If ETH reach $6,000, e go mean say price don rise like 50% from where e dey now, which show say long term e get good up trend. Traders suppose dey watch how Ethereum ecosystem dey grow, look on-chain metrics well, and also track macroeconomic trends wey fit push price go even higher.

Bitcoin dey often move the opposite way to US Dollar Index (DXY). After weak US job report and tariff bad matter wey make inflation worry, DXY drop go 98.5, Bitcoin small small climb but e still no pass $120,000. When dollar soft, fit make Bitcoin climb, but risk fear wey ICE BofA High Yield Option-Adjusted Spread measure, fit stop di gains. Di spread don fall from 4.60% for April reach around 2.85%, e still dey help Bitcoin rally from $74,500 low, but people still dey cautious for credit market. With US trade wahala, shaky labor data and ongoing big macro risk, traders fit dey fear to push Bitcoin pass $120,000 soon. Traders suppose dey watch DXY trend and credit spread to sabi how Bitcoin fit move short term.

Zebra v2.4.2 don release, e bring beta security fix dem, bug resolution dem and new feature dem for di Zcash node implementation. Di update fix big database upgrade from v26 to v27, warn users make dem no downgrade, and comot di deprecated debug_like_zcashd option. Zebra v2.4.2 add deserialization for blocks and transactions, new gRPC mempool listener, beta RPC methods (invalidateblock, reconsiderblock), and default IPv6 listening. Important bug fix dem keep RPC output field order, fix transaction outputs, and make local outbound connections for Regtest work. Users dem wey dey upgrade from v2.4.0 must rebuild their address index after one database corruption wahala. Check di release notes for full migration steps and backup advice.

For big India crypto scam, Enforcement Directorate (ED) don temporarily seize assets worth Rs42.8 crore, including 18 properties and bank credits, wey connect to $20 million fraud wey Indian man Chirag Tomar kontri run. Dem arrest am for US as e dey run fake 'Coinbase' websites. Tomar use SEO tactics make victims show login details, den deploy call centres to steal money. The fraudsters transfer cryptocurrencies go controlled wallets and convert am to INR through peer-to-peer platforms, dem carry the money go family accounts and real estate for Delhi. ED order for August 2 extend the attachment to Tomar people wey dey work with am, e show how India dey crack down on cross-border crypto scams. This crypto scam case show the weakness for search-engine manipulation and fake exchanges, make dem tighten enforcement to protect investors and stop cyber financial crime.

Security researchers for Trail of Bits don show how dem fit do new prompt injection exploit take target GitHub’s Copilot Agent. If attacker file one innocent-looking issue for public repo, dem fit hide bad instructions inside HTML tags. The hidden payload go make Copilot add backdoor dependency inside project lock file. If dem merge am, the backdoor fit allow remote command execshun through one custom HTTP header. Dis kind attack dey rely on stealthy payload hiding, tailored backdoor inside uv.lock, and strategic human-assistant talk make them no detect am. Dis proof-of-concept na clear sign say AI security risk dey grow as developers dem dey rely more on LLM agents. Traders and developers suppose watch AI toolchain weaknesses well well because similar exploits fit spoil codebase and infrastructure integrity.

Cardano Midnight Network don launch the Glacier Drop phase of dia multi-stage NIGHT token airdrop on August 5. Within hours, over 11,000 wallets for eight blockchains claim pass 250 million NIGHT tokens. The cross-chain claim portal dey support Cardano, Bitcoin, Ethereum, XRP, Solana, BNB, Avalanche and Brave’s BAT, with 33.6 million wallets wey qualify. Cardano users go get 50% of the 24 billion tokens; other networks go share the rest. The non-custodial Cardano airdrop run for 60 days, followed by Scavenger Mine and Lost-and-Found phase. Some Ledger hardware holders face message-signing glitch because of firmware limits; developers dey work on fix. Despite $71 million network upgrade to boost smart contract performance, ADA price still dey around $0.72, down 2.9% in 24 hours.

BlackRock’s iShares Bitcoin Trust (IBIT ETF) don drop enter $63.80, down 8.4% from im 2025 high, as Bitcoin price loss momentum. IBIT net assets drop to $83.8 billion after im $77 million net outflow on Tuesday, show slowdown for cumulative inflows weh dey $57 billion since dem start am. Di fund still dey 51% above im lowest level dis year, even though e record over $1.4 billion total outflows for all spot Bitcoin ETFs for August. Technical analysis for Bitcoin show say e get bullish flag pattern and dem do better break-and-retest for $112,000 support level. Bitcoin also come back to the 50-day exponential moving average and test ascending trendline weh don dey since April. These signs mean say e fit rebound go the previous high of $123,192 and fit push reach $125,000. Since IBIT dey closely follow Bitcoin price action, if Bitcoin recover, e likely go trigger ETF rebound. Traders suppose watch out for breakout above $123,192, weh go confirm say trend continue. Di main things to watch na net outflows, support retests and ETF assets under management. IBIT still be one of di most successful Bitcoin ETFs, weh peak at $86 billion AUM, and na BlackRock eighth-largest ETF by assets and profit.

For one big case, Tornado Cash co-founder Roman Storm don found guilty for running illegal money transfer business. US jury clear Storm from sanctions evasion charge but dem no fit decide on money laundering case, e fit come for retrial. He fit face up to five years prison for illegal transfer, but e still dey free on bail. This judgment set one important legal precedence by categorizing non-custodial crypto services as Money Service Businesses (MSBs) under US law. Ethereum Foundation and VC firm Paradigm jointly provide $1.75 million for Storm's defense, showing the industry concern over privacy-based protocols. Market people dey wait sentencing and possible appeals wey fit affect future crypto compliance and regulation checks.

Tech analyst CrypNuevo dey warn say beta Bitcoin short squeeze fit happun as BTC dey hunt for liquidity between $116,800 and $119,000. After e bounce from $112,000 and try the 50-day exponential moving average (50-EMA), Bitcoin next up move fit target dem key liquidation clusters. E still possible to go back small to $110,000 before the squeeze go trigger programmed liquidation of short positions, wey go bring more buying pressure. Bitcoin short squeeze conditions dey similar to CrypNuevo January 2025 analysis, when similar setup make prices sharp high after e touch 50-EMA. BTC dey trade near $115,470, dey follow closely the S&P 500 amid renewed macroeconomic uncertainty after unexpected U.S. jobs data. If better economic outlook or bullish catalyst show, e fit trigger surge towards record high, wey go increase crypto market volatility. Traders suppose dey monitor liquidity zones, adjust stop-loss levels, and ready for fast price moves if Bitcoin short squeeze really happen.

One XRPL validator wey dem dey call Vet don yarn XRP holders say security wahala dey increase because of Cardano-based Midnight airdrop. People wey get at least $100 XRP for June snapshot fit claim NIGHT tokens for official portal claim.midnight.gd with Xaman Wallet. Vet tell XRP holders make dem use only verified website, no share seed phrases and no download third-party software. Fake sites and phishing scams don full everywhere as interest for Midnight airdrop dey grow. The validator talk say support dey only for in-app helpdesk and warn make people no dey use unofficial social media channels. This warning show say cross-chain risks dey increase as XRPL ecosystem dey expand to EVM-compatible sidechains. Traders gats follow safety-first practice to protect their assets and sidestep bad exploits.