Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

For August 4, money market protocol CrediX don talk say e go restore all user money full within 24–48 hours after one recent security palava. CrediX promise cover all user account to bring back trust and make platform stable. The matter show how important admin account security and risk management be for DeFi projects. Analyst dem talk say quick response fit make stakeholders relax and stop liquidity wahala. Traders suppose dey watch recovery process as sign say protocol fit stand strong and get good governance.

Meme trading whales dem for OKX don sabi high-frequency trading and advanced strategies to secure consistent profits. PANews look three months OKX wallet data and rank top three addresses based on profitability: Cupsey, gake and Cented. Cupsey dey lead with $5.14M profit and 67.7% win rate, e do 95,000 trades for 30 days. Him HFT style dey buy new tokens as dem launch and waka comot within seconds, small small profit from $20–$200. Gake follow with $2.48M profit and 42% win rate from 2,141 trades, e dey target mid-cap memes we get social media buzz and dey ride swing trades. Cented report $1.82M profit using pure HFT bots wey dey buy within seconds, but pattern show say e fit be pump-and-dump manipulation. Dis insight show how meme trading whales dey combine automated trading, market timing and secret manipulation. Traders suppose cautious before dem follow ‘smart money’ and dem suppose put risk control first. Meme trading still na high-risk business where high-frequency trading tools and secret tactics dey determine the result. As high-frequency trading tools dey evolve, meme trading risks dey increase.

Even though PumpFun daily moni drop 93.4% from $7.07 million to $469,000 and e dey behind LetsBonk by 3.7 times for token dem deployment, the platform strategic silence fit be im biggest asset. Solana memecoin market dey drop steady as retail people no dey wan take risk again. Instead of wasting money on buybacks or airdrops, PumpFun dey save capital to run top for the next bullish cycle. With strong cash reserves, mature branding and deep connection to Solana ecosystem—plus anticipation for Solana Labs upcoming ICM launch—PumpFun ready to survive pass the less-funded competitors. Traders fit see $PUMP as one long-term bear-market hedge, ready to perform well when memecoin activity bounce back.

Di size Satoshi statue wey dey for Ciani Park for Lugano thief dem carry go shortly after e unveiling for Plan ₿ Forum for October 2024, e shock the Bitcoin community. Italian artist Valentina Picozzi design the faceless stainless steel sculpture wey mean Bitcoin anonymity and decentralization. Investigators find evidence say the thief throw the Satoshi statue for nearby lake, but municipal people quick recover am. Picozzi’s Satoshigallery offer 0.1 BTC reward for anybody wey get info wey fit lead to the retrieval, e show say public art for digital finance hubs get security yawa. Lugano Mayor Michele Foletti talk say the statue dey strengthen the city blockchain identity. As part of global plan to place 21 Satoshi statues wey represent Bitcoin 21 million supply, replicas dey Tokyo and other cities. The statue wey dem recover go get repairs and e go return Ciani Park, e dey show the cultural importance and how art and crypto dey join together strong.

For dis analysis, we dey look five cryptos wey fit blow 100× gain for 2025. Meme token XYZVerse (XYZ) dey target 50× growth for presale, dem raise $15 million wit structured tokenomics plus influencer backing. Polkadot (DOT) dey allow cross-chain interoperability through parachains at discount from im peak. Polygon (POL) dey power fast, low-fee dApps with staking rewards. Avalanche (AVAX) dey deliver eco-friendly layer-1 throughput of 4,500 TPS and custom Subnets. Chainlink (LINK) dey secure real-world data via oracles and staking. These 100× gain cryptos combine presale hype, staking yields, DeFi adoption and blockchain infrastructure advantages. Traders suppose dey watch presale demand, network activity, and staking returns as key entry signals.

Pound Sterling don surprise people as e still strong despite all di talk say Bank of England go cut interest rates. Market people for Bank of America talk say investors don start dey price am like say di BoE go slow and small for how e go reduce rates compared to European Central Bank and U.S. Federal Reserve. This better yield reason na because UK inflation still high, BoE dey cautious about wetin dem dey talk, and ekonomi still get some strong part. Di main tins wey dey push am na stubborn services inflation, strong wage increase, and carry-trade chance wey higher UK rates dey support. Even though BoE talk say dem go cut rates based on data, recent talk show say make person get patience, no too rush cut. Traders suppose dey look UK CPI reports, BoE talk, and how other central banks dey act to know how Pound Sterling fit move. For crypto traders, if GBP/USD rate stable or dey go up, e fit affect how people take change fiat to crypto, risk feeling, and how dem go take arrange their money. To sabi all these forex yawa go help for hedging and how to position for FX and digital assets market.

Binance don announce say dem add CYC token for dia Alpha Projects platform wey dey give early access to new crypto assets. People wey qualify fit buy CYC tokens for better price before e start for market. Dis move show how Binance dey support new blockchain projek dem and e give traders chance to join the first token distribution. Market people go dey watch how CYC perform sharply after e launch and dem go adjust their position based on price moves wen wider trading start.

Metaplanet wey dey listed for Tokyo don boost dia Bitcoin treasury to 17,595 BTC (around $2 billion) after dem buy 463 BTC at average price of $101,422 on August 4. To get more money for buying Bitcoin, Metaplanet plan say dem go raise up to ¥555 billion ($3.7 billion) through perpetual preferred shares. This move put Metaplanet for 7th place worldwide among public companies wey get Bitcoin, pass Coinbase but behind MicroStrategy, Marathon Digital and Riot. The company stock drop 6.7% to 992 JPY because of the news. Meanwhile, Bitcoin price don fall from $119,000 to $114,000 since August 1 but e rise 0.61% for 24 hours, showing say e still dey volatile. Institutional investment for crypto treasury still dey rise: 35 public companies now hold over 1,000 BTC, up from 24 at the end of Q1. Trump Media also add $2 billion worth Bitcoin for July, making competition among big corporate treasuries tough.

Big man analyst Ali Martinez don talk say XRP MVRV ratio don give sign of death cross. Dis death cross for MVRV ratio mean say big correction dey come for XRP price. Since e peak reach $3.65 around mid-July, XRP don drop 17% come near $2.99, wey align with the bearish crossover. On-chain data show say spot trading volume don reduce 23% to $4.83 billion, while derivatives volume drop 34% and open interest small small dey rise. Technical analysis talk say strong resistance dey for 10-day and 20-day EMAs around $3.02 and support dey at $2.95. If e break below $2.95, e fit go $2.75 or $2.50. Long term 50-day and 200-day EMAs still dey go up, show say momentum still dey ok. Traders suppose dey watch key levels and on-chain trends as bearish pressure dey increase.

Bitcoin Pepe don knack over $16.6 million for presale before dem go list for DEX on August 13. E price na $0.0437, di first meme ICO for Bitcoin sell out im 15,000% APY staking pool, wey reduce sell pressure. Bitcoin Pepe go launch for DEX platform after e join for exchange dem like LBank, MEXC and Bitmart. Di project dey use PEP-20 token standard to carry DeFi and meme tokens enter Bitcoin liquidity. Strong partnership and limited supply mean say price go likely increase when public trading start.

Grok AI don count 237 time economist Peter Schiff predict say Bitcoin go crash since 2011 wey no happen. During this time, Bitcoin price don climb pass 1,000,000%, show say all di Bitcoin crash predictions no correct. Schiff talk say BTC na bubble and e tell people make dem sell for $118,000 before e reach new high pass $123,000. Even though e dey negative, Bitcoin market cap now reach $2.27 trillion and institutions still dey adopt am. Recently, BTC price drop from $119,000 to $112,269 because people fear Fed policy and $812 million ETF money commot for market on August 2. As I dey write this one, BTC dey trade around $114,238, up 5.6% for 30 days and 88.7% year-to-date. Schiff warnings about volatility and “speculative mania” no match Bitcoin resilience. Grok analysis of all failed crash calls show say people still get hope sey BTC go grow long-term.

Ethereum on-chain waka reach one year high wit more dan 674,000 active addresses, show say network dey ginger again. Di EIP-1559 burn mechanism dey reduce net ETH issuance near zero, con tighten di token supply as demand dey rise. Institutional money enter Ethereum ETFs hit $154.3 million last week, wey boost market confidence. ETH dey trade around $3,550, with 3% gain per day but 9% loss for di week. Analysts talk say immediate support dey between $3,200 and $3,350, and long term entry zone be $2,950 to $3,050. If dem levels hold, rebound fit carry am go $4,000. Volume increase during di recent drop, and RSI still neutral. History show August performance fit different, but better on-chain numbers and cut down supply fit make market get bullish. Traders suppose dey watch on-chain data, burn rates, and technical zones to sabi how short-term correction and long-term upside go be.

Hylo.so protocol don launch two kain DeFi token for Solana: hyUSD, na be $1 pegged stablecoin wey dey back by liquid staking tokens (LSTs), plus xSOL, wey be long-term leveraged SOL token. The permissionless, non-custodial Hylo.so protocol dey mint and redeem tokens without any slippage, e dey use internal LST collateral pool (mSOL, jitoSOL, bSOL) wey dey collect staking yield to keep stability and fund revenue. xSOL dey give embedded leverage without funding fees or liquidation risk, e perfect for long-term SOL bulls. Advanced on-chain risk management dey use value-at-risk models and e separate stablecoin and leverage positions to protect users. Traders fit earn up to 17% APY by minting hyUSD and staking am for Stability Pool, meanwhile dem dey accumulate non-transferable Experience Points (XP) for future benefits. By removing reliance on USDC, AMMs, and external oracles, the Hylo.so protocol don establish decentralized “central bank” for Solana, wey dey improve capital efficiency, composability, and yield for DeFi.

React design patterns dey enable developers to build scalable and maintainable applications by organize code into reusable components and standard structures. Key React design patterns include component composition wey assemble small UI pieces into complex interfaces; higher-order components (HOCs) for logic reuse; render props wey share behaviour via callbacks; and custom hooks wey encapsulate stateful logic inside functional components. By following these React design patterns, teams fit maintain DRY (Don’t Repeat Yourself) principles, optimize performance, and make collaboration easy for both small projects and big enterprise apps. Embracing modular code and clear patterns dey improve architecture, simplify updates, and boost developer productivity.

Ether price don recover pass $3,500 after weekend wey people sell because of big economic wahala dem, like no change for Federal Reserve rates, weak Nonfarm Payroll data, and talk about tariff come back. The second biggest cryptocurrency drop to $3,359 before e find support near the 78.6% Fibonacci retracement level at $3,392. Technical indicators for 4-hour chart show say RSI dey climb from neutral place and MACD lines dey ready for bullish crossover. As bulls dey defend the $3,300 zone, steady recovery fit push ether price go next resistance at $3,730 and fit reach monthly high near $3,931. But if new correction happen, e fit make am test support around $3,170 again. Traders suppose dey watch ETF outflows and US economic data for signs about short-term momentum.

XRP price don rise pass 5%, e bounce back from the $2.75 support level and e dey lead broader market rally. The token open interest don pass $7.3 billion as bulls dey target breakout above the $3.00 resistance. Crypto analyst EGRAG Crypto dey forecast two price targets for XRP price: $4.89 on a non-logarithmic scale and $48.90 on a logarithmic scale, with average target of $27.00. Another analyst, Javon Marks, talk say as long as the $2.47 support hold, XRP price fit climb to $4.80. If XRP price reach $3.06, e fit trigger wave of short-position liquidations and further fuel the rally. Market volatility still high because of new U.S. tariff announcements and Fed’s hawkish stance. Last week, near $500 million crypto liquidations happen, bitcoin fund outflows near $1 billion, plus 5% correction for BTC price. These conditions fit make XRP price move more for both short-term trades and longer-term strategies.

Spot Bitcoin ETFs dem institutions investors don redeem over $812 million last Friday, wey mark di second biggest one-day outflow for history. Dis withdrawal clear like one week worth net inflows, reduce di total inflows to $54 billion, and bring all spot Bitcoin ETFs assets under management (AUM) to $146.48 billion—just 6.46% of Bitcoin market cap. Fidelity FBTC and ARK ARKB lead di sell-off wit $331 million and $327.9 million redemption respectively. Grayscale GBTC record $67 million outflows, while BlackRock IBIT see small $2.58 million pull-back. Even wit dis, trading volumes still strong: all spot Bitcoin ETFs trade total $6.13 billion, wit IBIT alone standing for $4.5 billion, show say investors dey reposition rather than waka from market. Meanwhile, spot Ethereum ETFs end 20-day inflow streak, register $152 million outflows. Grayscale ETHE lead wit $47.7 million redeemed, follow by Bitwise ETHW $40.3 million, Fidelity FETH $6.2 million. BlackRock ETHA hold steady wit $10.71 billion AUM. Total daily trading for Ether ETFs reach $2.26 billion, bring combined Ether ETF AUM to $20 billion (4.7% of Ethereum market cap). Dis changes show how institution dem dey plan inside crypto ETFs, highlight say market liquidity still dey and trading dey active despite big outflows.

Ethereum whales don collect over $400 million worth of ETH for early August, two big wallet dem buy $300 million through Galaxy Digital’s OTC desk, while SharpLink come add 30,755 ETH (~$108.6 million) at average price of $3,530. Dis strategic move dey show say crypto traders confidence dey increase. On-chain data reach two-year high of 931,000 daily active addresses for Ethereum network, supported by price wey dey rally pass $3,900, institutional inflows wey dey rise, plus more DeFi activity. Technical analysis show falling wedge for the 4-hour chart with target around $5,470, as RSI dey recover at 47.7 and bullish MACD crossover happen, wey mean new momentum dey come. All these bullish signs join with whale accumulation, mean say Ethereum fit continue e upward trend go near $6,000.

European Central Bank (ECB) dey rush to launch dia digital euro but dem confirm say physical cash go still remain legal tender. ECB executive board member Piero Cipollone talk say the digital euro wey dem design as regulated alternative to private stablecoins go dey alongside euro banknotes and coins to maintain payment autonomy for Eurozone. Even tho momentum strong, one ECB study wey dem do for March show say public no too wan digital euro compare to the traditional cash wey dem dey hold. ECB adviser Jürgen Schaaf also call for global collaboration on stablecoin regulation, e propose euro-pegged stablecoins and DLT applications together with central bank digital currency.

For di last six months, President Trump don quickly carry out im 2024 promise say e go build one "crypto-friendly America." During di election, him team con raise about $3 million for crypto donations — dem get big help from Gemini’s Winklevoss twins and Jesse Powell from Kraken. After him enter office, Trump government don begin take back some SEC rules wey Biden put, dem delay stablecoin monitoring, and dem come give guidelines to make domestic Bitcoin mining grow, make US share for global hashrate pass 31.5%. E still appoint crypto-friendly people like SEC Acting Chair Mark Uyeda, nominate Paul S. Atkins as chair, plus create Digital Assets & AI Office wey venture capitalist David Sacks dey lead. But Trump dey always pressure Fed Chair Jerome Powell openly and dey call for quick rate cuts, dis one dey make people worry about Federal Reserve independence. Dis mixed signals — make regulation easy on one side and monetary policy risk for di other side — mean say crypto traders get chance and uncertainty at the same time.

Gate US don quietly launch dia US arm afta dem secure money-transmission licenses for 23 states. Di platform dey focus on compliant crypto spot trading, e dey follow FinCEN registration (MSB#2272810) plus strong AML/KYC standards. Im current presence cover important Midwest and Southern markets—like Illinois, Georgia, and Michigan—while licenses for high-activity states like New York and California still dey pending. Gate US dey use Gate Group’s worldwide risk-control knowledge and local custody partnerships to make sure say assets dey stored on-shore. Di platform get phased strategy wey prioritizes core spot services first, before dem go roll out fiat rails and institutional OTC channels. By choosing compliance-first model instead of aggressive expansion, Gate US wan build trust and steady growth for regulatory environment wey SEC and CFTC dey watch. As US crypto market dey shift from quick gains to stable operations, Gate US licensed entry fit boost industry confidence and change how regional liquidity dey behave.

Whale Explorer, di digital art part of Ant Group, don launch new online digital art exhibition wey get 4,088 artwork. Di platform bring two model wey be 'pre-sale + public sale' plus e dey support small 'tipping' sales through blockchain, with artwork price wey dey between ¥8 and ¥28. Within just three hours after launch, all 4,088 pieces dem don reserve. Important people wey contribute na 87-year-old Chinese painting master Dai Dunbang and some recent Fine Arts Academy graduates. Whale Explorer plan to increase traffic support over the next year and build sustainable digital artist ecosystem. Dis digital art exhibition debut wey succeed show say blockchain-enabled art sales dey get more interest and e highlight Whale Explorer commitment to support digital creatives.

China tax oga dem now require make pipo declare tax on money dem make from oversea stock trading, dem dey put 20% personal income tax wey pipo gats file next year. Any investor wey dey trade oversea stock gats report di profit and loss, wey fit cancel each other for di same tax year but no fit carry go next year. If pesin no follow di tax rules, back tax, late payment fine, plus wahala fit follow. Tax people go use Common Reporting Standard (CRS) make dem strong for check oversea income. Traders suppose make tax declaration correct for compliance matter.

Gate Wallet don launch EPHYRA airdrop for their BountyDrop platform. Users fit enter EPHYRA BountyDrop campaign from “Discover” page for Gate Wallet App. If dem complete simple tasks, dem go fit collect rewards or enter lottery for token airdrops. Dis Gate Wallet EPHYRA airdrop campaign na e dey drive user engagement. Plus, for August 5, 8:00 pm (UTC+8), Gate Wallet plus Loop Space go run P Xiaojian live trading contest together. Teams wey register fit apply for 200 to 1,000 USDT official bonus funds. Total $80,000 USDT dey available, e go first-come, first-served base on how quick team them build and their activity level.

Decentralised Science (DeSci) dey use blockchain plus crypto incentives to change how research funding, execution and publication dey run. Early DeSci (v1) focus on decentralised funding through DAOs. Projects like Molecule’s Bio protocol born BioDAOs (VitaDAO, HairDAO, Curetopia) wey collect over $10 million together. Even though DAO treasuries get billions, token values plenty times dey higher pass actual funding, many BioDAO tokens drop over 90%. DAOs dey face coordination plus security wahala. Concentrated voting power, smart contract hacks (like 2016 DAO break and Web3 Foundation’s multisig loss) plus token-driven up and down dey slow research goals. DeSci v2 dey move pass just funding to solve participation, peer review and open publishing. Peer review pilots like Ants Review and Bacalhau’s compute-over-data platform still dey early stage. ResearchHub dey pay reviewers with $RSC and don fund 16 experiments with $650,000. Open repositories like ArXiv and Sci-Hub (wey dey try $SCI after $SCIHUB fail) dey give access but get legal risks. DeSci Labs and Protocol Labs dey join decentralised publishing with persistent identifiers (dPIDs) and edge computing via Bacalhau to improve data provenance and create API-enabled research objects. Even though DeSci funding get moderate success, token speculation dey overshadow real impact. Participation, review and publication still dey behind. Traders suppose watch out for overvaluation risk and project execution gaps. Short term, DeSci news no likely go make big market moves; long term infrastructure gains fit support steady adoption.

DeFi Education Fund (DEF) bin beg di Senate Banking Committee make dem accept tech-neutral crypto regulation for di 2025 Responsible Financial Innovation Act (RFA) draft. For letter wey dem sign on August 1 from Uniswap Labs, a16z Crypto, plus Paradigm, DEF talk say open-source developers and non-custodial tools no suppose dey treated as financial institutions or middlemen. Di group call for correct FinCEN guidance wey clear say software wey no get control over user funds no dey under financial institution rules and dem warn say some states fit use enforcement to stop DeFi competition. DEF come emphasize how important self-custody rights and steady federal oversight be to help innovation grow plus protect user freedom. Dis push to get clear crypto law go reduce confusion and support growth of decentralized finance.

Bitcoin price steady cos long-term holders dey trust am despite say e drop 3.52% from im highest price wey be $123,091 on July 13. Investors wey hold BTC for over 155 days—wey get net unrealized profit ratio pass 0.5—no dey eager to sell, na so price dey stable near $104,000 level. Short-term traders trigger the recent fallback through profit-taking, but their sell pressure don balance cos plenty people still dey gather BTC. Now, Bitcoin dey trade around $114,450, up 0.63% in 24 hours, but volume don fall 14.98% to $48.43 billion. Analysts dey expect price go climb to $116,000, fit make 91% holders dey make profit and open road for e to break towards $150,000. Institutional buyers like Metaplanet still dey add BTC to their portfolio, dey reduce circulating supply and boost market confidence. Overall, these signs show say the current bull run still dey intact, and more gain fit happen if long-term investors and institutions keep the upward movement.

Di updated 1-hour and 4-hour XRP liquidity heatmaps for Binance XRP/USDT perpetual dey show dense buy orders for between $2.75 and $2.90, wey dey form solid support zone. Dis XRP liquidity heatmaps show bigger clusters from $2.50 to $3.60 on 4-hour chart, but liquidity dey thin pass $3.00 and resistance levels dey few go front. Below $2.80, gaps for resting orders mean say if support fail, price fit drop quick. The short- and mid-term liquidity structures align well, wey fit mean say bullish trend fit continue, especially if XRP fit get back and keep levels above $3.00. Traders suppose dey watch the $2.75–$2.90 support zone and clear break above $3.00 as key signs for possible bull run.

Di Hong Kong Monetary Authority (HKMA) dey explore new regulatory framework for Hong Kong stablecoin, wey go allow temporary depegging if na under strict conditions. Main requirements for issuers be say dem must maintain full redemption ability, no transfer risk to holders, plus get HKMA approval sharp sharp before for reserve composition and risk management plans. This condition wey dem accept for stablecoin depegging different from EU MiCA and fragmented US proposals, wey dey focus on strict 1:1 backing and peg maintenance. HKMA pragmatic approach na to balance market realities with strong investor protection, and e dey encourage innovation for Hong Kong digital-asset ecosystem. Traders gats do thorough due diligence on issuers, sabi depegging policies well, diversify stablecoin holdings, and dey monitor regulatory developments to fit navigate the changing Hong Kong stablecoin regulation well well.