Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Representative Maxine Waters has renewed warnings that the proposed crypto bill lacks robust consumer protections and risks large-scale fraud. Waters initially cautioned that underregulated digital assets endanger investors. She urged strong stablecoin reserve requirements, clear digital securities definitions, and strict tax-reporting standards. In a recent hearing, she highlighted loopholes that could let unregistered intermediaries evade oversight. She called for explicit anti-fraud measures, clearer custody standards, and stronger enforcement. Some bipartisan efforts seek to clarify digital asset definitions and expand SEC powers. Industry groups are split: some applaud added clarity; others warn that tighter rules may stifle innovation. Waters’ critique casts doubt on the crypto bill’s passage in the House and suggests potential delays as lawmakers balance innovation, investor safety, and market stability.

Bernstein’s research team, led by Gautam Chhugani, updated its Bitcoin price forecast, projecting a rise to $200,000 by late 2025 or early 2026. The firm cites sustained institutional adoption, clearer U.S. regulation under the GENIUS and CLARITY Acts, and government backing. Spot Bitcoin ETF assets have topped $150 billion, led by BlackRock’s IBIT at $84 billion in AUM. Stablecoins approach a $250 billion market cap, and real-world asset tokenization exceeds $25 billion. Corporate adopters like MicroStrategy now hold over 600,000 BTC, while inflation concerns push banks and insurers into crypto. Global wallet users have surpassed 50 million, and platforms such as Circle, Coinbase and Robinhood stand to benefit from new compliance mandates. Bernstein also forecasts rising demand for ETH and SOL as public chains attract fresh ETFs and active funds. Traders should watch entry points and adopt a long-term view as institutional inflows reshape the Bitcoin price forecast.

Bitcoin’s price rally is driven by a combination of fiscal deficits, dollar weakness and the upcoming halving supply shock. After U.S. fiscal stimulus and mounting debt reduced the U.S. Dollar Index by 11%, Bitcoin gained record highs amid robust demand and crisis-driven inflows. Looking ahead, the anticipated halving will cut block rewards, tightening supply, while easing inflation and a Fed pivot to looser policy could lower real yields and support risk assets. Meanwhile, growing institutional adoption—highlighted by U.S. spot Bitcoin ETF filings—alongside corporate treasuries adding Bitcoin to their balance sheets, is attracting fresh capital. Regulatory clarity in major markets and rising demand from emerging economies are also improving Bitcoin’s liquidity and stability. Together, these factors may sustain bullish momentum, reduce volatility post-halving and pave the way for new price highs. Traders should monitor fiscal trends, Fed signals and ETF developments to assess ongoing opportunities in the Bitcoin market.

Nvidia has secured US approval to resume H20 shipments to China after obtaining licenses from the Commerce Department. The company expects deliveries to follow in the coming weeks, potentially reclaiming a US$5.5 billion AI market share. In parallel, Nvidia launched its RTX PRO GPU, fully compliant with current export curbs and optimized for AI applications in smart factories and logistics. CEO Jensen Huang engaged with US lawmakers and Chinese officials to promote open AI collaboration. He urged global developers to adopt the US tech stack to maintain US AI leadership. Traders should monitor US export policies and Nvidia developer initiatives. Renewed Nvidia H20 shipments and the new RTX PRO GPU could strengthen semiconductor stocks and drive demand for AI infrastructure.

Kazakhstan’s central bank is reviewing plans to create a state crypto reserves fund by allocating a portion of its gold and foreign exchange reserves, alongside assets from its National Fund. The proposed blockchain portfolio would include Bitcoin, seized digital assets and revenues from state-backed mining operations. Governor Timur Suleimenov cited sovereign wealth strategies in Norway, the US and the Middle East as benchmarks. The Kazakhstan crypto reserves initiative is modeled on modest allocations by other sovereign funds. Infrastructure to manage and safeguard the crypto reserves is already under development. Authorities say the move could enhance returns through diversification, but they warn that high volatility remains a risk. At the same time, regulators have tightened the legal framework to strengthen market oversight: only licensed platforms at the Astana International Financial Centre can trade crypto, grey-market transactions now carry new penalties, and digital-asset advertising will be restricted. After once hosting up to 27% of global Bitcoin mining, Kazakhstan aims to align its mining base with clearer regulations and a long-term investment approach. Traders should monitor policy developments for potential BTC inflows and trading opportunities.

BitMine, a Nasdaq-listed Bitcoin miner led by Tom Lee, has shifted into an Ethereum reserve company by acquiring 163,142 ETH at around $3,072 each, building a $500 million Ethereum reserve. Backed by a $250 million equity raise at $4.50 per share from investors including Founders Fund, Pantera, FalconX, Kraken, Galaxy Digital, DCG and GSR, BitMine now ranks as the second-largest ETH holder after SharpLink. The strategic move drove BMNR stock up sixfold intraday, before profit-taking and market headwinds trimmed gains to close at $41 with a $2.5 billion market cap. The decision highlights a broader trend of miners diversifying capital into Ethereum reserve for staking yield and DeFi exposure after the Merge. BitMine plans to grow per-share Ethereum reserve via cash flow reinvestment, capital-market activities and staking yields. Traders should watch BMNR stock’s high volatility, shifts in ETH holdings and potential impacts on miner equity valuations amid Bitcoin and Ethereum price swings.

Ethereum’s mission is not to replace Bitcoin but to modernize Web2 platforms and legacy finance with decentralized infrastructure. Bitwise CEO Hunter Horsley likened blockchains to apps on a shared operating system: Bitcoin holds value, while Ethereum powers permissionless DeFi, AI-driven dApps, digital IDs and tokenized markets. In the past week, ETH rose nearly 20%, trading around $3,046 after an 18.5% surge driven by growing DeFi adoption and tokenization. The network’s modular MegaETH upgrade demoed 1.7 Ggas/s throughput, 100,000+ TPS, sub-millisecond latency and EigenDA security, equating to 130 million daily transactions. Traders view these software improvements, along with cheaper, faster node operation and rising developer activity, as bullish catalysts for Ethereum’s long-term scalability and market demand.

US stock indices swung from gains on July 14 to a mixed open on July 15 as President Trump’s proposed 30% tariffs on Mexico and EU imports and criticism of the Fed’s $2.5 billion HQ renovation dented risk appetite. On July 14, the Dow rose 0.11%, the S&P 500 0.11% and the Nasdaq 0.32%. On July 15, the S&P 500 opened down 0.07%, the Nasdaq flat and the Dow down 0.06%. Meanwhile, Bitcoin hit a new all-time high of $123,091. This Bitcoin all-time high was driven by robust demand for spot ETFs and corporate treasury allocations, lifting broader altcoin gains. Crypto traders should monitor equity market sentiment as a gauge for risk appetite, track economic data and corporate earnings, diversify portfolios and maintain a long-term perspective to navigate potential volatility.

A blockchain researcher accidentally burned around 200,000 Pump.fun (PUMP) tokens—worth about $58,000—on the Solana (SOL) network while using Axiom Exchange’s burn feature to clear spam tokens. The irreversible PUMP token burn sent his entire allocation to an inaccessible address, underscoring risks of decentralized token management and the need for robust address verification. Following the PUMP token burn, the deflationary tokenomics briefly lifted Pump.fun’s price by roughly 4%, after the token had already jumped 45% above its ICO price on launch. The trader remained calm, noting the loss was beyond recovery and reiterating sound risk management practices, including emotional resilience and strategic hedging. The incident highlights calls for improved user interfaces, confirmation prompts, clearer token labeling and better wallet safeguards. As token sales proliferate, crypto traders are reminded to double-check addresses, understand deflationary mechanics and maintain rigorous risk controls.

An Ethereum whale ended a seven-month hiatus by depositing 1,763 ETH to the Kraken exchange, adding significant liquidity. This Ethereum whale’s 1,763 ETH transfer was worth about $5.3 million on-chain and roughly $3.2 million on Kraken at the time, but recent market weakness has pushed the position into an unrealized loss of approximately $648,000. Large ETH deposits on exchanges often presage sell-offs and can shift trading dynamics. Traders should monitor Kraken’s ETH order book and whale deposit patterns to gauge market sentiment and prepare for possible volatility.

The Czech National Bank (CNB) disclosed in its Q2 Form 13F filing that it acquired 51,732 Coinbase shares for $18.1 million, marking its first direct crypto investment. By holding Coinbase stock, the CNB gains regulated, liquid exposure to digital assets and crypto reserves. The bank also proposed board approval to allocate up to 5% of its €140 billion reserves into Bitcoin (BTC), pending legal and volatility reviews. This dual move underscores growing institutional adoption of digital assets and strategic reserve diversification. Traders should monitor Coinbase price action, regulatory developments, and any formal approval of the Bitcoin allocation as key signals for market momentum.

Bitcoin hit an all-time high of $119,370 over the weekend, propelled by institutional inflows and signals of a US Bitcoin reserve plan and a crypto blue-chip ETF. The surge sparked a $123.19 million short squeeze, contributing to $205 million in total 24-hour crypto liquidations—led by $43 million on Binance and $37 million on Bybit. BTC shorts accounted for $34.1 million of losses, with ETH, XRP and SOL also heavily liquidated. At press time, BTC traded near $118,692, up 1.3% in 24 hours and 9% for the week, with the RSI at 72 indicating overbought conditions. Analyst Niels warns of strong resistance at $119,000–$120,000: a breakout could drive Bitcoin towards $135,000–$140,000, while a rejection may trigger a pullback to $114,000–$115,000. The record rally and short squeeze underscore bullish momentum but signal near-term consolidation risk.

Binance Coinbase rivalry has escalated after Binance CEO Changpeng Zhao (CZ) accused Coinbase of orchestrating a smear campaign tied to the USD1 stablecoin from former President Trump’s World Liberty Financial project. The allegations follow a Bloomberg report claiming Binance developed the USD1 smart contract and holds over 90% of the tokens in its own wallets, generating interest revenue. CZ dismissed the report as a competitor-sponsored hit piece and threatened defamation proceedings. Influencer Matt Wallace says evidence is emerging against Coinbase, suggesting the exchange fears losing US market share if Binance returns legally—especially if CZ secures a presidential pardon. This Binance Coinbase rivalry underscores how competitive dynamics can spill into media and regulatory arenas. Neither exchange has issued formal statements. Traders should monitor shifts in exchange positioning, regulatory strategies and possible legal fallout that could affect USD1 liquidity and market volatility.

On September 1, 2025, Tether will discontinue USDT support on five legacy chains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand. The company will cease token minting, redemptions and freeze remaining balances. CEO Paolo Ardoino cited low demand and outdated infrastructure. This move follows phased halts on these networks since 2023. Over 95% of Tether’s $156 billion USDT supply now circulates on Ethereum and Tron, with Solana accounting for just over 1%. Tether aims to consolidate liquidity and reinforce USDT stability on leading platforms. The firm plans to shift focus to Layer 2 networks, including Lightning Network, and newer smart contract chains offering faster settlements and enhanced developer tooling. USDT holders on retiring chains must migrate or redeem tokens via bridges or exchanges before the cutoff.

Crypto liquidations on global derivatives platforms surged to $371 million over 24 hours, with 67% from short positions. Major single-coin liquidations included a $15 million BTC short on Binance and a $10 million ETH short on Bybit. Smaller altcoins such as DOGE, SOL, XRP and ARB saw multi-million-dollar liquidations after DOGE briefly pulled back from $0.2129 to $0.1973, triggering $594,130 in long liquidations and a 1,000% imbalance against bulls. The wave of crypto liquidations forced a short squeeze, lifting Bitcoin by 2% and Ethereum by 1.8%, while DOGE recovered above $0.20 amid a 36% volume surge and whale accumulation. Traders expect continued volatility as rising funding rates and market depth shape momentum. Sustained upside may depend on institutional participation and key resistance levels, while a reversal could intensify long liquidations.

Stellar XLM surged 26% in 24 hours and 67% over the past week, trading between $0.23 and $0.26 with volume hitting $2.2 billion. The rally, driven by XRP ETF optimism and Bitcoin-led market gains, lifted XLM above its 20-day and 100-day moving averages. Traders now eye resistance at $0.27 and $0.29, with support near $0.21. On-chain catalysts include the August 14 vote on Stellar Protocol 23 to boost Soroban platform performance and Franklin Templeton’s $446 million tokenization of U.S. Treasuries on Stellar. Stellar’s DeFi TVL climbed 22% to $120 million. XRP also rose over 27% weekly, trading between $2.17 and $2.35, with resistance at $2.43 and $2.61.

SharpLink Gaming has made two sizeable Ethereum acquisitions, boosting its ETH reserves and realising substantial gains. Over a six-hour span, the firm purchased 21,487 ETH, generating a floating profit of about $79.9 million. On July 10, it executed an OTC deal for 10,000 ETH with the Ethereum Foundation at an average price of $2,572.37 per token. Co-founder Joseph Lubin emphasised the move underscores SharpLink’s commitment to decentralisation, with plans to stake and restake tokens to reduce circulating supply. The Ethereum Foundation confirmed that proceeds will fund core operations, protocol development and community grants. Following the announcement, SBET shares jumped 10% in pre-market trading, closing at $21.65 and lifting market capitalisation to roughly $1.55 billion. Analysts view these purchases as a sign of growing institutional interest and a bullish catalyst for ETH price and market stability.

Since its January 2024 debut, US spot Bitcoin ETFs have amassed over $140 billion in net inflows, reflecting strong institutional demand. BlackRock’s iShares Bitcoin Trust (IBIT) has led the wave, capturing 96% of total spot Bitcoin ETF flows. In just 374 days, IBIT’s assets under management vaulted from launch to $80 billion—a record pace that eclipses Vanguard’s S&P 500 ETF, which took nearly five years to reach the same level. As of now, IBIT holds over 700 000 BTC (about 56% of the US spot Bitcoin ETF market), ranking it the 21st largest ETF globally with $83 billion AUM. Meanwhile, competitors like Fidelity’s FBTC have attracted $12.3 billion, while Grayscale’s GBTC saw $23.3 billion in outflows post-conversion. Corporate buyers—including Metaplanet, Blockchain Group, Smarter Web, and Remixpoint—have also boosted ETF reserves. This influx of capital has coincided with a surge in Bitcoin’s price to a fresh all-time high near $119 000, driving over $200 million in short liquidations and lifting Ethereum by 7.7% to approach the key $3 000 resistance. Year-to-date, digital asset funds net $19 billion, split roughly 83% to Bitcoin and 16% to Ethereum. Traders will be watching whether IBIT can maintain its unprecedented growth, climb higher in global ETF rankings, and continue fueling institutional bitcoin demand amid evolving regulation and market dynamics.

Arthur Hayes, former BitMEX CEO, has turned bullish, predicting a monster altcoin season as Bitcoin (BTC) surged to a new all-time high of $118,869 on $122 billion of trading volume. He points to eased US Treasury General Account concerns, a weakening dollar and possible tariff relief under former President Trump—dubbed the “TACO effect”—as key macro factors driving crypto inflows. Ethereum (ETH) has also shown strong momentum, rising over 50% after the Pectra upgrade and prompting institutions like GameSquare and SharpLink Gaming to add ETH as a treasury-grade asset. Major altcoins are already responding: XRP climbed 14% to $2.82, ETH cleared $3,000 (+8%) and memecoin PEPE gained 10–20% in 24 hours. With Bitcoin’s momentum high and Ethereum fundamentals strengthening, Hayes warns traders to prepare for an extended altcoin season.

Coinbase has acquired Opyn’s leadership team, including former CEO Leighton Cusack, CTO Brian Knep, COO Justin Calder and head of research Joe Clark, in an undisclosed talent deal. Opyn’s platform has processed over $200 million in trading volume and holds around $10 million in TVL. The hires bring DeFi expertise in smart contract security, oracle integration and decentralized risk management. By integrating this team into its Institutional Markets division, Coinbase aims to accelerate on-chain derivatives and institutional-grade DeFi options development. The move positions Coinbase to compete with Binance and Bybit, diversify revenues beyond spot trading and attract regulated institutional clients with transparent, low-counterparty-risk products. On-chain derivatives offer global accessibility but face challenges like liquidity fragmentation and oracle reliability. Coinbase expects the Opyn team to drive product innovation, raise security standards and ensure CFTC/SEC compliance. Traders should watch for upcoming launches of advanced hedging and yield strategies as Coinbase seeks to capture market share in the emerging on-chain derivatives market.

Bitcoin price has surged toward $118,000 as on-chain metrics reveal growing accumulation by long-term holders. CryptoQuant shows accumulators now hold 248,000 BTC, a 71% increase since June 22 and the highest since December 2025. Glassnode data indicates a $4.4 billion rise in realized capitalization above $113,000, signaling strong investor demand beyond speculative trading. Technical analysis supports further gains, with profit-taking likely near $130,900 based on an MVRV ratio of 2.75. Chart patterns such as a bullish cup-and-handle point to a potential $150,000 target. Key levels for traders to watch are support at $108,500 and resistance around $130,000, while possible pullbacks to $110,000–$105,000 may occur amid volatility.

Over 250 public companies, from mining firms to industrial manufacturers, now hold Bitcoin as corporate reserves. Top holders like MicroStrategy carry 600,000 BTC (about $28 billion in unrealized gains) on their balance sheets. Marathon Digital and Riot Platforms each maintain over 19,000 BTC. Lesser-known players allocate up to 45% of market value to Bitcoin treasuries. Even sovereign entities such as El Salvador’s government report hundreds of millions in paper gains. These institutional investors and governments have no plans to sell, opting instead to further expand their Bitcoin reserves. This growing corporate Bitcoin adoption tightens supply, supports price stability, reduces large sell-off risks, and fuels bullish momentum. However, issuing shares or debt to fund Bitcoin purchases can dilute shareholder value and introduce volatility over the long term.

A massive Bitcoin short squeeze, triggered by over $12 billion in liquidated positions, propelled BTC above $118,800 to a new all-time high. In the past 24 hours, more than $1.2 billion in leveraged crypto trades were wiped out, including $567 million of Bitcoin shorts, after BTC closed decisively above the $109K resistance. The Bitcoin short squeeze underscores growing institutional demand. U.S. spot Bitcoin ETFs recorded $1.18 billion in inflows this week, led by BlackRock’s IBIT. Corporate treasuries such as Strategy and Metaplanet also boosted Bitcoin holdings. A softer U.S. dollar and global de-dollarization trends add to bullish sentiment. Selective altcoins joined the rally. Ethereum climbed above $2,879 and eyes $3,400–$3,750. Uniswap (UNI) cleared resistance at $8.64, targeting $10.36. Sei (SEI) and Hyperliquid (HYPE) invalidated bearish patterns and aim for fresh highs. Traders should watch key support levels—$110,530 for Bitcoin and $2,879 for Ethereum—to gauge trend strength. Market participants should prepare for an extended crypto summer, with capital likely rotating from large-caps into high-potential altcoins and memecoins, mirroring the 2017 cycle.

Following the GMX hack on the Arbitrum L2 network, attackers exploited structural flaws in the GLP liquidity pool and oracle design. They used flash loans to manipulate prices and siphon $42 million in USDC, DAI, WBTC, ETH, WETH, UNI and LINK. GMX quickly disabled V1 trading, GLP issuance and redemption on both Arbitrum and Avalanche. The platform reassured that GMX V2 markets, liquidity pools and the native GMX token remained secure. The GMX hack drove the GMX token down 17% from $15 to $11.40. After the breach, the attacker returned $40 million and entered compensation talks. This incident highlights persistent cross-chain DeFi risks and the need for robust oracles, multi-sig controls and on-chain risk management.

Cybersecurity researchers warn of a surge in crypto-stealing malware campaigns that impersonate AI and Web3 startups on social platforms like X, Telegram and Discord. Attackers deploy crypto-stealing malware by luring users to download malicious apps disguised as blockchain games or AI betas via fake websites, GitHub repos and white papers. These social engineering tactics use professional-looking facades—including stolen certificates, fake investor lists and merchandise sites—to boost credibility. On Windows, malicious Electron-based apps profile systems and deploy hidden modules; on macOS, disguised DMG installers drop Atomic Stealer to harvest browser data, wallet credentials and seed phrases. Realst and Atomic Stealer families exfiltrate stolen keys to attacker-controlled servers. The campaigns target wallets linked to past breaches, such as the Mt. Gox hack, and mirror tactics used by CrazyEvil and Traffer Group. Mobile threats like SparkKitty use OCR to extract seed phrases from screenshots, while trojans like Procolored replace wallet addresses to steal BTC. With crypto attacks rising—CertiK reports $2.2bn lost in H1 2025 and Kaspersky notes an 83% jump in crypto phishing—traders should verify software sources, update security tools and use robust wallet protection to mitigate risks.

Roman Storm’s defense counsel filed a motion in the SDNY to exclude a surprise hacker witness disclosed after court deadlines. With jury selection set to start Monday, this challenge could push back the Tornado Cash trial. The trial centers on charges of unlicensed money transmission, money laundering and U.S. sanctions violations. Now it hinges on both the hacker testimony and disputed sanctions evidence. The defense plans to call blockchain experts and contest references to overturned sanctions. Prosecutors insist the hacker’s account is crucial to prove Storm’s intent. A judge will rule on witness admissibility and sanctions evidence by week’s end. Crypto traders should monitor the Tornado Cash trial delay, as any outcome may trigger volatility in privacy protocol regulation and set precedents for open-source developers.

Ant International has officially denied recent reports of a partnership with Circle to integrate USDC into its AntChain network, clarifying that no such USDC tie-up is planned. The denial comes as Ant International continues to pursue its global stablecoin expansion, applying for regulatory licenses in Hong Kong, Singapore, and Luxembourg, and preparing to seek a Hong Kong stablecoin issuer license once new regulations take effect in August. Meanwhile, developments in US stablecoin regulation – including the US Senate’s passage of the GENIUS Act and Circle’s trust bank charter application – underscore ongoing compliance efforts. Ant International is also deepening blockchain collaborations, launching tokenization pilots with DBS, signing an MoU with Deutsche Bank, and co-publishing a whitepaper with ISDA under Project Guardian. Its AntChain network already processes a third of Ant Group’s $1 trillion annual transaction volume. For crypto traders, Ant International’s independent stablecoin strategy highlights its stability-oriented approach and may bolster confidence in enterprise-grade stablecoins while shaping cross-border settlement trends in Asia and beyond.

Gates Inc has announced plans to tokenize a $75 million Tokyo real estate asset on the Oasys blockchain, launching security tokens to enable fractional ownership. Scheduled for issuance in Q3 2024 via an offshore SPV, the security tokens will comply with local regulations and be supported by a digital custodian for secure settlement and secondary-market trading. By leveraging Oasys’s high-throughput, low-fee architecture and automated tokenomics, Gates aims to streamline asset issuance, boost liquidity, and deliver compound yields through automatic reinvestment. This real estate tokenization project, one of Japan’s largest to date, marks a key step in Gates’s roadmap to tokenize over $200 billion in assets—about 1% of Japan’s property market. Both Gates and Oasys plan to expand this model globally, targeting the US, Europe, and other Asian markets, with future phases possibly covering IP assets like games and anime. The move underscores growing institutional demand for blockchain-based asset management and aligns with forecasts that tokenized real estate could exceed $4 trillion by 2035.

Veteran analyst Peter Brandt has maintained a long Bitcoin position after a decisive breakout above $112,000 on Bitstamp. This move confirms bullish momentum and pushes Bitcoin towards fresh all-time highs. Brandt points to $107,000 as a critical support level; a breach could invalidate the uptrend and trigger a sharp correction. He also notes $108,100 as secondary support. Based on the expanding triangle pattern range, his post-breakout price targets are $120,958 and $134,886. However, Brandt warns that expanding triangles have high failure rates and advises traders to set stop-loss orders and manage risk carefully. This technical setup offers clear entry points and profit benchmarks for both short-term traders and long-term investors as Bitcoin approaches the $120,000 mark.