Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

SHIB continues to trade under pressure, sliding over 60% since its November peak and 27% below year-to-date highs. Technical analysis shows SHIB below both 50- and 100-day EMAs, forming a bearish flag and head-and-shoulders pattern that risks a breakdown below key supports at $0.00001070 and $0.00001027, with potential to test $0.0000090. On-chain metrics paint a weak picture: burn rate swung from a 72% drop to a 1,550% surge hitting 3.77 million tokens, yet supply reduction failed to spark demand. Shibarium TVL tumbled to $1.69 million, trading volume lags at $222 million compared with Dogecoin, and futures open interest and whale holdings both wane. This convergence of bearish signals and poor market sentiment suggests limited near-term upside and continued downside risk for SHIB.

Over recent weeks, BitMine has bolstered its Ethereum treasury through two dip purchases totaling 163,785 ETH (about $730 million). Initial acquisition of 28,650 ETH (~$130 million) was followed by 135,135 ETH (~$600 million), lifting the Ethereum treasury to 1.297 million ETH (≈$5.77 billion). This institutional investment underscores BitMine’s long-term confidence in Ethereum. Data from Arkham’s Lookonchain spotlights growing institutional interest in ETH. BitMine timed the latest buy during a 2.18% ETH price dip to accumulate at lower levels. The firm is also investing in layer-2 solutions to enhance transaction speeds and will update investors on new partnerships and tech integrations. Market watchers note that total ETH reserves across firms and ETF wallets could soon exceed $70 billion. Short-term Ethereum treasury price action will hinge on U.S. PPI data, Fed minutes and the Jackson Hole symposium. Sustained closes above $4,150 may drive Ethereum treasury valuations higher, while risk-off shifts could prompt sideways or downward moves.

On August 16, 2025, an unknown Ethereum wallet withdrew 9,006 ETH from Kraken, contributing to a total of over 17,000 ETH pulled from the exchange that day. Such large-scale ETH withdrawals often signal a shift toward self-custody or staking, reducing Kraken’s on-chain liquidity and tightening available trading supply. This can trigger short-term price volatility and market depth constraints while potentially underpinning higher price floors if staking demand remains strong. Traders should closely monitor Kraken’s ETH reserves and on-chain flows, adjusting strategies to account for possible liquidity shifts and increased volatility.

American Bitcoin, a US-based bitcoin miner backed by Donald Trump Jr. and Eric Trump, is targeting publicly listed acquisitions in Japan and Hong Kong to leverage Asia’s established regulations, high adoption and tech talent. The firm plans to adopt MicroStrategy’s bitcoin accumulation model to bolster its corporate treasury. Domestically, American Bitcoin will pursue a Nasdaq listing through a reverse merger with Gryphon Digital Mining. Shareholders will vote on August 27, aiming to secure fresh capital in September. The funds will support infrastructure upgrades and expanded mining capacity. These moves align with the Trump family’s wider crypto ventures, including Trump Media & Technology Group’s $2.5 billion bitcoin treasury plan and World Liberty Financial’s USD1 stablecoin on PancakeSwap. With over $57 million in crypto-related profits and a favorable US regulatory outlook, American Bitcoin’s strategy underscores growing institutional demand and reinforces bitcoin’s role as a strategic corporate asset.

Altcoin season nears as Bitcoin dominance falls from 65% in May to 59% in August. Since early July, the altcoin market cap has rallied over 50% to $1.4 trillion. Improving market liquidity—deeper order books, higher spot and perpetual volumes, and reduced slippage—is making altcoin trading easier. Institutional demand for Ethereum is rising, with treasuries holding nearly 3 million ETH and firms like Bitmine and Sharplink driving adoption. High-beta tokens such as ARB, ENA, LDO, and OP have surged, led by LDO’s 58% monthly gain after favorable SEC comments on liquid staking. Meanwhile, $7.2 trillion in U.S. money market funds could flow into crypto once the Fed cuts rates in September–October. These conditions set the stage for a full-scale altcoin season, offering bullish opportunities for traders.

Nasdaq-listed miner Bitdeer has increased its pure BTC holdings from 1,718.1 BTC on August 8 to 1,764.2 BTC as of August 15, reflecting a net gain of 46.1 BTC over the week. During this period, its Bitcoin mining operations delivered 80.4 BTC and sold 34.3 BTC to cover operating costs. In the previous Bitcoin mining week to August 8, Bitdeer had mined 74.8 BTC and sold 32.6 BTC, achieving a net increase of 42.2 BTC. Overall, Bitdeer’s Bitcoin mining output reached 155.2 BTC across two weeks with total sales of 66.9 BTC, resulting in a cumulative net accumulation of 88.3 BTC. This steady rise in BTC holdings underscores Bitdeer’s confidence in Bitcoin’s long-term outlook, while its balanced production-to-sales ratio highlights prudent liquidity management. Traders should watch mining balance sheets and supply dynamics, as growing miner reserves may tighten spot supply and influence Bitcoin price momentum.

Manta Network has extended a repayable loan of 7.5 million MANTA tokens to leading market maker Wintermute. The agreement integrates these MANTA tokens into Wintermute’s trading system across crypto exchanges. It ensures continuous buy and sell quotes, tighter bid-ask spreads, and lower slippage. Enhanced liquidity improves price stability and discovery for the MANTA token. The loan structure—unlike a grant—returns tokens to Manta Network once Wintermute fulfills its obligations. This partnership supports decentralized applications on Manta Network, builds investor confidence, and fosters long-term ecosystem growth. It also reflects Manta Network’s financial prudence and commitment to sustainable tokenomics.

Standard Chartered has raised its Ethereum price forecast to $7,500 by end-2025 and $25,000 by 2028, citing institutional inflows from treasury firms and spot ETFs that acquired 3.8% of circulating ETH since June. Ethereum trades near $4,700 after a 50% monthly rally. On Arbitrum, the ARB token is retesting support at $0.51–$0.52 following a 23% weekly gain. A confirmed double-bottom breakout on the daily chart could drive ARB to $0.90, with further targets at $1.23 and $1.70. Meanwhile, AI-driven Unilabs Finance now manages $32 million in assets and has raised $13 million in its UNIL token presale at $0.0097. Its early access scoring system automates DeFi asset management, and analysts predict Unilabs could deliver 3x altcoin gains by year-end.

Ethereum’s institutional demand is climbing after BitMine Immersion Technology bought 106,485 ETH (~$470.5M) via OTC in 10 hours. An anonymous whale added 92,899 ETH (~$412M) over four days through new wallets and Kraken withdrawals. These moves total $882M in ETH accumulation and signal growing market confidence. Meanwhile, BitMine launched a $24.5B ATM stock offering, and SharpLink closed a $389M capital raise. Standard Chartered lifted its 2025 ETH price target to $7,500, with forecasts of $12,000 in 2026, $18,000 in 2027 and $25,000 by 2028. Profit-taking by the 7 Siblings whale (19,461 ETH) and the Ethereum Foundation (2,795 ETH) could spark short-term volatility. However, ongoing ETH accumulation and bullish forecasts point to a positive long-term outlook. Traders should integrate these institutional trends into their strategies.

Ripple’s SVP Markus Infanger reaffirms the XRP Ledger’s speed, low fees and scalability for real-world asset tokenization. He also criticized proposed US crypto legislation that could expand SEC oversight. After winning its SEC lawsuit, Ripple fueled spot XRP ETF speculation as asset managers seek regulated exposure. Meanwhile, Chinese AI platform DeepSeek AI added XRP to its 2025 forecast model using on-chain and macro data. Technically, XRP trades in a 4-hour expanding channel. A breakout above the 50-period EMA near $3.15–3.17, with rising volume and a neutral-to-bullish RSI, could trigger a 65% rally toward $5.17–5.20. Combined fundamentals and AI-driven signals point to a bullish outlook for XRP.

Crypto PR agencies shape token visibility and investor demand. In early 2025, Crypto Daily ranked the top five firms—Outset PR, MarketAcross, Coinbound, NinjaPromo and Lunar Strategy—based on strategy, execution, media access, traffic results and blockchain-native goals. The guide later expanded to eight leading agencies, adding FINPR, Crowdcreate and CoinScribble for mass syndication, investor outreach and rapid distribution. Each agency offers distinct strengths: Outset PR delivers data-driven campaigns; MarketAcross secures tier-one placements; Coinbound leverages creator networks; NinjaPromo supports full-funnel launches; FINPR guarantees large-scale media coverage; Crowdcreate excels in KOL and investor reach; CoinScribble provides fast distribution rails; and Lunar Strategy focuses on sustainable community growth. Traders and project teams can use criteria—publisher access, syndication guarantees, KOL networks, execution speed and measurable outcomes—to select the right crypto PR agencies for token launches and market positioning.

On August 16, Ethereum slipped below $4,400 on OKX, trading at $4,394.48 after a 0.8% intraday decline. This pullback highlights increased crypto market volatility as traders balance profit-taking ahead of network upgrades with bullish sentiment. Despite the drop, technical indicators remain supportive, with key moving averages holding above current levels. Traders should monitor volume and price action around the $4,350 support level for potential entry points. Overall, the dip underscores Ethereum’s volatility and may offer short-term buying opportunities.

Two ETH whales executed strategic profit-taking by selling a combined 7,800.5 ETH in rapid on-chain transactions. The first whale (0xe42…08A) offloaded 2,501 ETH on Binance at an average price of $3,613, netting $11.71 M in proceeds and realizing a $7.6 M profit after a nine-month hold. The second whale (0x90C…0a24C) sold 5,299.5 ETH at $4,453 each, capturing $23.6 M and an $11.84 M gain from ETH bought at $2,218.6 between February and March 2025. Both ETH whales maintain substantial stakes—4,417 ETH and 3,854.5 ETH respectively—highlighting continued confidence in Ethereum. For traders, these large-scale on-chain moves may weigh on short-term market liquidity and signal nearby price resistance, even as sustained holdings suggest a bullish long-term outlook.

Fresh CryptoQuant data shows Bitcoin’s Coinbase Premium Gap spiked to 88.7 on August 15, signaling elevated U.S. institutional spot demand historically linked to bullish momentum. Retail futures traders echoed this confidence, boosting long positions and whale order sizes above $100K. Meanwhile, CoinGlass reports a BTC long/short ratio of 51%, underscoring persistent bull dominance after a brief dip below parity. The convergence of institutional spot buying and retail futures accumulation points to a strong bullish setup. However, the high level of leveraged longs increases liquidation risk during sharp market swings. Traders should track the Coinbase Premium Gap, monitor leverage levels and futures positioning, and employ disciplined risk management to navigate potential pullbacks.

USDC supply rose by 800 million tokens in the first week. Circle minted 4.9 billion and redeemed 4.2 billion, bringing total supply to 64.6 billion. In the week ending August 14, USDC supply climbed by another 2.9 billion as 8.6 billion tokens were issued and 5.7 billion redeemed. Overall, USDC supply now stands at 67.5 billion tokens. Reserves backing USDC reached $67.6 billion, including $10.2 billion in cash and $57.4 billion in the Circle Reserve Fund. This sustained growth in USDC supply underlines strong stablecoin liquidity and market confidence. Traders should monitor USDC supply trends and reserve ratios for insights into market liquidity and potential price movements.

Kraken has activated its EU-wide Markets in Crypto-Assets Regulation (MiCA) license from the Central Bank of Ireland, enabling regulated crypto trading services across all 30 European Economic Area (EEA) countries. Under this unified permit, both retail and institutional users gain direct access to over 450 digital assets, fast fiat on-ramps and local funding support. The exchange also offers institutional-grade services such as over-the-counter (OTC) trading and derivatives under its MiFID licence, building on its existing EMI license for fiat operations. The MiCA license mandates enhanced consumer protection, operational transparency and strict anti-money laundering (AML) oversight across Europe. By reducing market fragmentation and simplifying compliance, Kraken’s expansion promises deeper order books, improved liquidity and a more stable trading environment for crypto traders. Competitors including Coinbase and Bybit have also secured MiCA approval, underscoring a broader shift toward regulated crypto services in the region.

US-listed Bitcoin ETFs recorded record inflows of $2.532 billion in one week, led by BlackRock’s iShares Bitcoin Trust. On-chain data show declining exchange reserves and rising large-wallet holdings, signals often preceding price rallies. This strong institutional demand underscores a bullish backdrop. In the following week, Bitcoin ETF inflow reached $547.6 million, driven by Belvedere’s IBIT netting $887.7 million. Other major spot ETFs were mixed, with Fidelity’s FBTC outflowing $73.8 million and ARK’s ARKB losing $183.9 million. Traders should watch Bitcoin ETF inflows and spot ETF flows for market signals, as sustained fund flows could propel Bitcoin prices higher.

Spot Ether ETFs recorded $59.3 million in net outflows on Friday, ending an eight-day inflow streak that had attracted $3.7 billion. Since their July 2024 launch, these funds have amassed $12.68 billion. Ether’s price briefly approached its 2021 peak of $4,878 before retreating to around $4,448. Analysts warn that sustained Ether ETF inflows are critical to maintain bullish momentum and support a sustained recovery. On-chain metrics show 877,106 ETH queued for withdrawal, but ETF and treasury buying has offset some selling pressure. Over the past 30 days, Ether has gained nearly 30%, outpacing Bitcoin’s performance. Nansen’s Jake Kennis says the rally depends on strong flows and positive narrative, while trader Langerius forecasts a $10,000 price if weekly inflows persist. Traders will monitor ETF flows, staking developments and market sentiment as key indicators for Ethereum’s next move.

Ethereum surged past $4,700 in August 2025, driven by $25.7 billion of institutional inflows into spot ETH ETFs holding nearly 6 million ETH. The ETH/BTC rate climbed to 0.33, ending a three-year relative decline and signaling an independent rally. This bullish momentum has fueled demand for green cloud mining. GBR Miner leverages a hybrid mining protocol and AI-driven yield optimization to reallocate hash power across ETH, ZAM and other tokens. All operations run on 100% renewable energy (solar, wind, hydropower), reducing costs and carbon footprint. The platform offers tiered contracts with short-term yields up to 7% daily and full principal return at maturity. New users receive $500 in mining credits and can earn via a multi-level referral program. Experts recommend diversifying mining contracts and combining mining returns with Ethereum staking (4–6% annual yield) to secure dual income streams.

Thumzup Media, the Nasdaq-listed firm owned by Donald Trump, announced a $50 million XRP purchase via a $10/share secondary offering, aiming to expand its digital asset portfolio to $250 million and allocate up to 90% of liquid assets in crypto. This move underscores growing institutional interest in crypto-backed income streams. While mining partners remain undisclosed, UK-based WinnerMining attracts attention with its AI-driven, renewable-energy cloud mining platform. Contract tiers range from $100 (yielding ~1.23 XRP/day) to $100,000 (yielding ~592 XRP/day). Deploying the full $50 million at the top tier could generate over 280,000 XRP daily, offering substantial high-yield potential. XRP has surged 481% year-to-date, outperforming BTC and ETH amid clearer regulations post-Ripple’s SEC settlement and rising cross-border payment use. WinnerMining also supports BTC, ETH, and USDT mining with daily payouts and real-time performance tracking. Thumzup’s large-scale XRP buy and the eco-friendly, scalable cloud mining model signal bullish momentum for XRP’s market and income potential.

UAE airlines and travel platforms are now embracing crypto payments. Major carriers like Emirates and Air Arabia, along with providers such as Travala and Alternative Airlines, accept Bitcoin (BTC), Ether (ETH), Cronos (CRO), dirham-backed AE Coin and stablecoins (USDT, USDC) for bookings via checkout or gift cards. Emirates will launch Crypto.com Pay support by 2026, while Air Arabia already accepts AE Coin. This expansion in crypto payments, backed by Dubai’s VARA, gives digital-savvy travelers more payment flexibility and global reach. Traders should track exchange rates, compare fees, use regulated gateways and keep transaction records to manage refunds or disputes. Analysts predict new blockchain-based services, including loyalty tokens, visa processing and decentralized travel insurance.

Over the past week, XRP whales have accumulated over 900 million tokens within 48 hours and an additional 440 million during a recent dip, totaling more than $4 billion. This large-scale buying has tightened exchange reserves and established a price floor between $3.00 and $3.20. Technical indicators show XRP consolidating near the midline of the Bollinger Bands with narrowing volatility and a daily RSI above 50. The daily chart printed an inverted hammer after a drop from $3.38. Key resistance sits at $3.35–$3.50, unlocking targets at $4.00, $4.50 and $5.50 on a clear break. Support holds at $3.00 and the 50-day moving average near $2.81. A move below $3.00 may test $2.85–$2.81. Traders should monitor whale accumulation, price stability and turnover for signs of a near-term breakout.

On August 15, Bitcoin spot ETFs recorded a combined net outflow of $14.13m, led by Grayscale’s GBTC with $81.82m in redemptions. BlackRock’s IBIT was the only fund to attract capital, posting a $114m inflow and lifting its total net inflows to $58.67bn. Total assets under management for Bitcoin spot ETFs now stand at $151.98bn, or 6.54% of Bitcoin’s market capitalisation, while cumulative net inflows into all spot ETFs have reached $54.97bn. These daily ETF flows reflect short-term portfolio rebalancing and profit-taking rather than a broader sell-off, with IBIT’s strong performance highlighting ongoing institutional demand for regulated Bitcoin exposure. Traders should monitor long-term ETF performance trends, liquidity levels, fee structures and wider crypto market conditions. Diversifying across multiple Bitcoin spot ETFs may help manage risk and capture evolving institutional flows.

Major US banking associations have urged Congress to tighten stablecoin regulation under the GENIUS Act. In a letter to the Senate Banking Committee, they called for amendments to close loopholes that allow digital asset exchanges and affiliates to offer yield products on payment stablecoins. Under current rules, stablecoin issuers cannot pay interest, but intermediaries may sidestep the ban. Banks warn this could divert deposits from traditional credit intermediation into higher-yielding stablecoins, undermining financial stability and credit supply. To address this, they propose extending the interest ban to exchanges and brokers, eliminating non-financial issuer exemptions, and strengthening state oversight. They also seek repeal of provisions that allow out-of-state chartered institutions to operate without host-state approval. These reforms aim to ensure stablecoin regulation preserves banks’ role in credit creation and maintains stablecoins as payment instruments, safeguarding market stability.

The ongoing market dip has created a rare altcoin buy window for key Layer-1 and Layer-2 tokens. Arbitrum (ARB) dipped after surging on PayPal integration and BlackRock’s RWA trials, while NEAR Protocol (NEAR) pulled back despite booming developer activity and an inflation vote. Hedera (HBAR) also retreated following a breakout tied to ETF speculations and an upcoming mainnet upgrade. Meanwhile, MAGACOIN FINANCE’s presale draws speculators seeking high-reward trades. Traders see this altcoin buy window as a strategic opportunity to accumulate undervalued tokens ahead of the next rally. Monitor token unlocks, network upgrades, and liquidity signals to time entries effectively.

USELESS coin jumped over 50% in one day after Binance added the Solana-based memecoin to its spot listings. The listing drove daily trading volume above $420 million—1.5× its market cap—and lifted social followers by 42%, adding nearly 9,700 new users. Binance.US opened deposits and launched USELESS/USDT trading on August 14, while Kraken listed the token and Coinbase included it in its roadmap. Orderbook snapshots showed heavy buy-side orders before the announcement, raising insider‐buying concerns. On DEXs, USELESS led net inflows among the top ten coins, reflecting strong community demand. Technicals point to support at $0.27 and resistance at $0.33; a clear break above $0.33 could target $0.40. Further exchange listings and a vibrant community may sustain momentum as traders eye a possible altcoin season.

US stocks closed mixed on August 16 as the Dow Jones and S&P 500 hit intraday record highs despite broader volatility. The Nasdaq Composite dipped 0.4% but rose 0.81% for the week. The S&P 500 fell 0.29%, up 0.94% over the same period, while the Dow inched up 0.08%, lifting its weekly gain to 1.74%. In crypto stocks, Circle (CRCL) led gains with a 7.20% jump, reversing a 9.10% drop from the prior session. Coinbase (COIN) shares slipped 2.26%, and AI-focused exchange Bullish (BLSH) declined 6.82% after a 9.75% surge. This divergent performance underscores the volatility of crypto stocks and highlights selective opportunities amid sector rotation. Traders should closely track high-momentum names like CRCL and BLSH for both risk management and potential gains.

Larry Fink, CEO of BlackRock, has been named interim co-chair of the World Economic Forum board alongside Roche’s André Hoffmann. At his August 15 appointment, Fink and Hoffmann stressed the need for an inclusive global economy and closer policy collaboration with governments. Once a Bitcoin skeptic, Fink now leads Wall Street’s push into crypto. In March, he suggested Bitcoin could challenge the U.S. dollar’s dominance, signaling growing institutional interest. The WEF, known for its Davos summit, recently cleared founder Klaus Schwab of financial and nepotism allegations. Fink’s new role is expected to accelerate Bitcoin adoption and broader digital asset engagement among major investors.

Little Pepe presale has surged through multiple stages, raising over $17M and distributing 11.5B tokens at prices from $0.0018 to $0.01. The memecoin features no transaction tax, locked liquidity, a fixed 100B supply, sniper bot protection, staking rewards, DAO governance, a CertiK-audited codebase (95% trust score) and an NFT marketplace. Rapid sellouts across tiers underscore strong demand, with analysts projecting up to 10,000% gains on listing. Meanwhile, Solana (SOL) has advanced from around $164 to test resistance near its $295 all-time high. Initial ETF optimism drove SOL above $160 support toward $170–200, while recent technical analysis warns of fading momentum around $300. Nonetheless, ETF filings indicating >95% U.S. approval odds by 2025, $20M day-one inflows, and the upcoming Firedancer upgrade remain bullish catalysts. Traders should note Solana’s steady, institutional-driven upside versus the high-risk asymmetric potential of the Little Pepe presale.