Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

By mid-August 2025, BlackRock’s iShares Bitcoin Trust (IBIT) surged to a record $91.06 billion in assets under management (AUM). The Bitcoin ETF has drawn $58 billion in cumulative net inflows since its January 2024 debut, now representing 3.72% of circulating BTC. IBIT maintains US market leadership, outpacing Fidelity’s FBTC ($24.77 billion) and Grayscale’s GBTC ($22.18 billion). Strong institutional demand and BlackRock’s brand credibility have boosted liquidity and market legitimacy. However, growing ETF concentrations and regulatory scrutiny pose ongoing risks. Recent US Producer Price Index (PPI) data surprised to the upside. Bitcoin’s price fell from $124,000 to below $118,000, triggering over $1 billion in crypto liquidations, including $930 million in leveraged BTC positions. Despite the volatility, the Bitcoin ETF saw steady inflows, highlighting investor confidence in long-term ETF strategies. Traders should monitor Bitcoin ETF AUM trends, fund flows, and regulatory updates. These metrics are critical for portfolio strategy and assessing market stability.

Perplexity AI is preparing a new funding round targeting a $20 billion valuation to back its unsolicited $34.5 billion Chrome acquisition bid amid a US antitrust case. Perplexity AI’s rapid expansion—from a January 2024 valuation of $520 million to $18 billion by July 2025—stems from $80 million in annual recurring revenue and 22 million monthly active users, boosted by the launch of its Comet AI browser. OpenAI, Apollo Global Management and Yahoo are also eyeing the Chrome acquisition, underlining fierce competition in the browser market. Traders should note that Chrome vulnerabilities have powered NFT game exploits and Binance account hacks via malicious plugins, highlighting security risks for Web3 users.

US Treasury’s Office of Foreign Assets Control (OFAC) has expanded crypto sanctions to target Russian-linked exchange Garantex, its successor Grinex, ruble-backed A7A5 stablecoin and affiliated entities and executives. Garantex, founded in 2019, processed over $100 million in darknet and ransomware transactions before authorities in the US, Germany and Finland seized its domain and froze $26 million in March. After Garantex shut down, Grinex emerged, using Old Vector-issued A7A5—backed by Promsvyazbank and Moldovan politician Ilan Shor—to bypass sanctions. Blockchain analytics firm Elliptic reports A7A5 reached $1 billion in daily volume by July, with Chainalysis citing $51 billion in cumulative transactions. OFAC sanctions now include Old Vector, A7 LLC, A7 Agent, key executives Sergey Mendeleev, Aleksandr Mira Serda and Pavel Karavatsky, InDeFi Bank and Exved, effectively cutting crypto channels used for money laundering and sanctions evasion. Traders should monitor elevated regulatory scrutiny on stablecoins and exchanges, as stricter crypto sanctions may shift trading volumes and liquidity.

Toncoin price has consolidated in a horizontal trading range between roughly $2.60 and $3.60 since April, narrowing to $2.80–$3.60 in May. Toncoin price’s movement above its 21-day and 50-day simple moving averages (SMAs) signals bullish momentum, but repeated rejections at the $3.60 resistance indicate strong selling pressure, evident in long candle wicks. On shorter timeframes, dips below both SMAs held at a $3.10 intra-range low. Immediate support levels lie at $3.50, $3.00 and $2.50, with major resistance extending to $4.00, $4.50 and $5.00. Today’s balanced buyer-seller dynamic suggests a neutral outlook as traders await a decisive break above the 21-day SMA and key $3.60 barrier. Monitoring volume shifts alongside the SMAs will be crucial for spotting a potential breakout or extended consolidation.

Circle share sale by insiders will offload 10 million shares, valued at $1.4B, just two months after the stablecoin issuer’s June IPO. The offering covers 8 million shares from early investors, including CEO Jeremy Allaire, and 2 million from Circle. JPMorgan waived its usual lock-up to enable the two-day marketed sale, which was oversubscribed and exceeds Circle’s original IPO proceeds. Since the IPO, Circle’s stock price has surged 349%, peaking at $298.99 and holding above the initial level despite a recent pullback. Experts label the insider sale a rational cash-in exercise with minimal market disruption. The high-volume trading seen over the past two months suggests limited short-term price pressure, and analysts do not view the Circle share sale as a sign of fundamental weakness.

Robinhood saw its total platform assets hit $298 billion at end-July, a 106% year-on-year rise, supported by $6.4 billion in net deposits—a 42% annual gain—and 26.7 million funded accounts after adding 2.5 million users. Crypto trading volume on the Robinhood app surged 217% month-on-month to $16.8 billion, contributing to combined volumes of $28.7 billion with Bitstamp, whose July volume rose 78%. Bitcoin near $122,000 and record-high Ethereum prices drove retail participation. Crypto now accounts for a larger share of Robinhood’s transaction revenue. The firm boosted average revenue per user through securities lending and new products. To curb U.S. market dependence, Robinhood will expand internationally later this year with early sign-ups signaling growth potential.

BtcTurk hack detected on August 14 flagged $48 million in unusual outflows from hot wallets across Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle and Polygon. Attackers consolidated funds into two addresses before swapping to ETH via DEX liquidity pools. In response, BtcTurk paused cryptocurrency deposits and withdrawals from hot wallets but maintained spot trading and Turkish-lira operations. Security teams and chain-analysis firms are tracing cross-chain transfers in real time to identify mixer or exchange on-ramps and freeze stolen assets. Traders are advised to follow official BtcTurk announcements, avoid unverified links, and consider moving long-term holdings to cold storage to mitigate future risks.

MicroStrategy Executive Chairman Michael Saylor told Fox Business that Wall Street still undervalues Bitcoin’s potential as a corporate treasury asset. He highlighted that Bitcoin has delivered average annualized returns above 50%, while firms holding US Treasuries may lag by about 10% per year. Saylor argues that companies adopting a “Bitcoin standard” could outperform the S&P 500 by roughly 40% annually. Using MicroStrategy’s own heavy Bitcoin investments as proof, Saylor noted traditional valuation models ignore the strategic value of digital assets. He pointed out key barriers to wider adoption—regulatory uncertainty, lack of blockchain expertise and risk aversion—but said momentum is building as more firms explore Bitcoin for treasury management. Saylor also cited recent US legislation, like the Genius Act, and expected regulatory clarity as catalysts for institutional adoption. He warned that broader crypto sectors—DeFi, NFTs and Web3—are still unfairly judged by short-term metrics but hold long-term disruptive potential. Traders should watch institutional flows into Bitcoin and the rise of corporate Bitcoin standards as possible drivers of a sustained market rally.

Google Play has rolled out a policy requiring all crypto wallet apps across 15 regions to obtain appropriate money services or banking licenses before listing. In the US, developers must register as Money Services Businesses (MSB) with FinCEN and implement AML, KYC and CTF measures; in the EU, wallets must secure a MiCA Crypto Asset Service Provider (CASP) license. The policy initially failed to distinguish between custodial and non-custodial wallets—despite FinCEN guidance that non-custodial wallets are not money transmitters—sparking developer backlash over high compliance costs and privacy concerns. Google subsequently clarified that non-custodial wallets will be exempt and pledged further policy updates. While this move seeks to bolster user security and weed out unregulated apps in line with FATF standards, developers caution it could stifle innovation, reduce wallet diversity and limit user choice on the Play Store.

LILPEPE is an Ethereum Layer-2 memecoin currently in presale, with token price rising from $0.0018 to $0.0019 across stages. The project has secured a Certik audit and raised over $17.3 million, drawing in Ethereum whales and retail investors. Analysts highlight its low market cap, fast low-fee transactions, and integrated Pepe Pump Pad launch platform with anti-rug-pull protection as key drivers. Potential gains range from 12,000% by 2025 to 16,700% by 2026. Traders can purchase LILPEPE via MetaMask or Trust Wallet using ETH or USDT. While strong on-chain fundamentals and locked liquidity underpin the token, the presale remains high-risk; traders should conduct due diligence before participating.

US Treasury Secretary Scott Bessent announced that seized Bitcoin will form the Strategic Bitcoin Reserve, established under President Trump’s March executive order. Initially, Bessent said no new purchases beyond existing $15–20 billion holdings. He later tweeted that the department is exploring budget-neutral strategies to acquire additional Bitcoin, aiming to position the US as a "world Bitcoin superpower." Following mixed inflation data and Bessent’s comments, BTC fell about 3.7%, sliding from record highs near $124,000 to roughly $118,000. Traders will monitor further Treasury actions and inflation reports for clues on Bitcoin demand and market direction.

Bitcoin price is set for a significant rise, according to two established forecasting models. Over the past decade, Bitcoin’s compound annual growth rate (CAGR) reached 42.5%, compared with 16% for the Nasdaq and around 11% for gold. Power-law and quantile models put a base trend of $120,000 by Q4 2025; factoring in a full bull-cycle lift, prices could surge to $150,000–$200,000. Long-term network expansion may drive Bitcoin to $1.2 million–$1.5 million by 2035, while a more recent analysis suggests a one-million-dollar milestone could arrive within five years (by 2030). On-chain metrics—moderate funding rates and a short-term holder SOPR of 1.01%—show the market isn’t overheated, and growing institutional ETF demand alongside reduced miner issuance may dry up seller liquidity around $100,000. Technical indicators warn of near-term volatility: the 9th TD sell candle, RSI bearish divergence, and a rising wedge pattern point to a potential short-term top. Immediate resistance lies at $130,000, with a strong $114,000–$117,000 accumulation zone having supported a rebound to $122,000. Traders should brace for short-term swings but maintain a long-term bullish outlook on Bitcoin price.

El Salvador’s Bitcoin Reserve has generated a $470M unrealized profit after the government acquired over 6,200 BTC at an average price of $42,000. With Bitcoin trading above $120,000, the El Salvador Bitcoin Reserve’s value has nearly tripled, delivering over 120% returns. Since designating BTC as legal tender in 2021, President Bukele’s HODL strategy—buying dips and holding—has bolstered the national treasury and could fund infrastructure projects or cut national debt. This success signals growing confidence in El Salvador’s Bitcoin Reserve approach, but significant market volatility and regulatory risks remain. Bukele plans to expand crypto adoption, offering a live case study on government-backed digital currency strategies.

Fundstrat Capital forecasts that the Ethereum price could surge to $10,000–$15,000 by late 2025, with a nearer-term target of $12,000–$15,000 by year-end. Ether has climbed about 60% over the past 30 days to near $4,770 and outperformed Bitcoin year-to-date with gains between 28% and 41%. Analysts cite rising institutional demand—highlighted by BitMine Immersion Technologies’ 1.2 million ETH accumulation—alongside upcoming ETF inflows, AI-driven token economies and Wall Street’s blockchain initiatives under the GENIUS Act and SEC’s Project Crypto. Ethereum’s 55% share of the $25 billion real-world asset and stablecoin tokenization markets underlines its dominance. Traders should monitor ETF flow pace, corporate treasury disclosures and stablecoin custody rules for clues on supply tightness and price momentum.

Raydium (RAY) rallied to $4.10 on August 14, a 40% weekly gain, driven by a 47% surge in 24-hour trading volume. In July, the Solana-based DeFi protocol set a new DEX volume record at $40.1 billion (+71% MoM) and posted $18.3 million in revenue (+137% MoM). Raydium’s buyback program, now nearing a $200 million cap, repurchased 3.45 million RAY (~$9.5 million) in July through programmatic and discretionary operations. The platform’s Solana DEX market share climbed back to 45%, bolstered by the Launchlab integration and xStocks tokenized equities liquidity hub. Whale net-buy activity totaled over 1.04 million RAY, while seven-week high exchange inflows indicate profit-taking. With momentum indicators (DMI, RVI) remaining bullish, Raydium could push past $4.50, though short-term pullbacks toward $2.84 are possible amid profit-taking.

TRON price (TRX) extended its uptrend after reclaiming the 21-day SMA and breaking above the $0.35 barrier, briefly hitting $0.369. Bullish momentum is confirmed by the 21-day moving average crossing above the 50-day SMA and a series of doji candlesticks indicating steady consolidation. TRX now trades within a $0.35–$0.37 range and aims for key resistance levels at $0.40, $0.45 and $0.50. Support zones lie at $0.20, $0.15 and $0.10, with a breakdown below the 21-day SMA risking a retest of $0.31. Traders should watch for a decisive move above $0.37 to validate the bullish trend. Overall, technical indicators favor further gains in both the short and medium term.

Shiba Inu price prediction remains subdued as SHIB consolidates near $0.000013 after slipping below $0.000015. The token trades within $0.0000128–$0.0000137, forming a possible pennant setup that could trigger a 5–6% rebound toward $0.00001495–$0.00001578 or even $0.000017 if buying pressure returns. Meanwhile, the Mutuum Finance presale at $0.035 enters phase 6, with an anticipated 14.29% jump to $0.04 in phase 7. Mutuum Finance (MUTM) has raised over $14.35 million from 15,200+ investors, boasts a 95/100 CertiK audit score, and offers a $50,000 bug bounty alongside a $100,000 token giveaway. MUTM’s dual lending model and planned overcollateralized USD-pegged stablecoin on Ethereum underpin its utility-driven appeal. Traders may leverage the Shiba Inu price prediction for short-term volatility plays and consider early MUTM positions for potential long-term upside.

Bitpanda UK has launched its retail investment app, offering British investors access to more than 600 crypto assets. The Vienna-based exchange secured UK approval from the FCA in February and plans to use its institutional-grade infrastructure and white-label Bitpanda Technology Solutions to power crypto trading for banks and fintechs. Co-CEO Lukas Enzersdorfer-Konrad and country director Pantelis Kotopoulos aim to capture a top-three market position within two years. The platform also signed a multi-year Official Crypto Trading Partner deal with Arsenal FC, leveraging the club’s 100m+ global fans to promote digital assets and responsible investing. Bitpanda UK’s launch comes amid the FCA’s gradual Crypto Roadmap, with full UK crypto regulations expected by late 2026, contrasting with the EU’s MiCA framework and recent token rules in the US, UAE and Hong Kong.

Bybit EU has launched its first MiCA-compliant Launchpool on its newly MiCAR-licensed platform, allowing over 450 million EEA users to stake tokens under clear regulatory oversight. The pool allocates 100,000 XION tokens (approx. $110,000), with 50,000 XION available for staking at a 60% APR, 30,000 Mantle (MNT) at 36% APR and 20,000 USDC at 24% APR. This Launchpool underscores MiCA compliance and innovation in crypto staking. Developed by XION, a Layer-1 blockchain backed by Circle Ventures, the Launchpool emphasizes abstracted accounts and seamless user experiences. XION’s integration with Paris-based Ledger and its summer listing on Bitvavo underline its push toward mainstream adoption. Founders Anthony Anzalone and Bybit EU CEO Mazurka Zeng highlight Europe as a testing ground for regulated digital assets, noting that compliance can accelerate innovation. For traders, the MiCA-compliant Launchpool opens new avenues for yield diversification. Staking rewards are fixed but proportional to each asset’s risk profile and subject to market volatility. As staking APRs reach up to 60%, users should weigh potential returns against token lock-up durations and EU regulatory factors.

Pepe Dollar presale has raised over $1.2M, selling out each stage and offering up to 600% potential gains at token launch. Built on Ethereum Layer-2, Pepe Dollar integrates deflationary tokenomics with a 29% burn mechanism, staking rewards, play-to-earn gaming, QR-based payments, no-code minting and DeFi micro-loans. Audited by Coinsult, it also provides a 20% bonus using code ‘Pepe_Powell20’. Traders can join via MetaMask or WalletConnect using ETH, USDT or BNB. Meanwhile, Lil Pepe presale on a Layer-2 EVM chain has raised $18.4M toward its $19.3M goal across nine sold-out stages. Lil Pepe focuses on instant transactions and low fees, backed by a roadmap that includes a token launchpad, staking, NFT tools and major exchange listings. A $777K giveaway has boosted FOMO, attracting traders but leaving its long-term growth hinged on ecosystem adoption. Analysts view Pepe Dollar’s multi-channel utility and deflationary design as a stronger ROI play, while Lil Pepe’s hype may offer short-term upside. Traders should monitor both presales as indicators for meme coin performance and Ethereum’s $10K milestone.

XRP price has broken out of a seven-year double bottom pattern after clearing the $1.80 neckline and confirming the move with a successful retest. Former all-time high of $3.84 now acts as support, reinforcing bullish momentum. Analyst Gert van Lagen set a 2.00 Fibonacci extension target at $36, up from an earlier $34 projection. Another analyst, Shibo, compares XRP’s structure to Ethereum’s 2017 breakout and sees potential for a surge to $589. These signals suggest XRP price may be entering the early stages of a multi-year rally, though short-term volatility remains possible.

Bitcoin and Ethereum reached fresh record highs, lifting the total crypto market cap past $4.18 trillion. Bitcoin climbed over 3.5% to about $128,000. Ethereum rallied 59% this month to near $4,750. Investor hopes for Fed rate cuts, underpinned by benign U.S. inflation data, boosted demand. Spot Bitcoin ETFs saw $1.16 trillion in net inflows, led by BlackRock’s IBIT. Ethereum ETFs added $141.5 billion. Supportive policy moves—Trump administration’s reserve-asset designation for Bitcoin and Congress’s GENIUS Act for stablecoin regulation—have driven institutional interest. USDC growth and Circle’s IPO underline Ethereum’s expanding ecosystem. Corporations now hold $15.7 billion in Bitcoin and over $13 billion in Ethereum as treasury assets. On-chain signals and technicals suggest a possible short-term pullback. Bitcoin’s hash rate fell from 965 EH/s to 892 EH/s. A bearish MACD divergence and a potential double-top near recent highs point to support at $112,000. Traders should track Fed announcements, ETF flows and hash rate trends for market direction.

Ethereum price surged close to its all-time high, fueling a surge in ETH futures open interest, which reached a record $35.5 billion, according to Glassnode. On August 12, the market saw $66 million in short positions liquidated, marking the second-largest single-day short squeeze of the year. At the same time, ETH options open interest climbed to a 2023 high of $16.1 billion, with call premium spending outpacing puts, signaling paid upside convexity. The combined jump in futures and options activity underscores growing bullish momentum for ETH and hints at potential volatility ahead. Traders are advised to monitor ETH futures open interest and liquidation events closely, as these can offer clear entry and exit signals. The data suggests that optimism is driving market participants to rebuild leverage, reinforcing the positive outlook for Ethereum’s near-term price action.

Gemini Smart Wallet is a new self-custody wallet from Gemini, introducing passkey-based login with biometric authentication and social recovery tools. This self-custody wallet eliminates seed phrases and separate apps, offering users seamless on-chain transactions. Features include a built-in dApp dashboard, gas-free transactions on select blockchains, and free ENS subdomains. Planned integration with Gemini exchange accounts enables direct on-chain trades without manual deposits. The Gemini Smart Wallet enhances crypto security by reducing counterparty risk and simplifying key management. Multi-signature support and social recovery options safeguard assets against hacks or freezes. By lowering onboarding friction for DeFi and Web3 protocols, this self-custody wallet empowers traders with true digital asset ownership and paves the way for broader adoption.

QFSCOIN is a US-regulated cloud mining provider founded in 2019. It now offers a free cloud mining starter plan with a $30 registration bonus. Users can mine Bitcoin, Dogecoin or Litecoin without hardware setup, deposits or electricity fees. The platform uses AI-driven risk management, SSL encryption and DDoS protection to secure user assets. Data centers across the US, Canada, Norway and Iceland ensure low costs and efficient cooling. QFSCOIN offers short fixed-term contracts from a free one-day plan to six-day elite packages. Plans range from a $100 two-day contract to $10,000 for six days. Daily ROI rates span 2.5% to 9%, with direct payouts to user wallets. There are no maintenance fees and 24/7 support. Users can reinvest earnings for compounding and earn up to 3% in referral commissions. This transparent cloud mining model simplifies passive crypto income for both beginners and experienced crypto traders.

Pi Network has secured TransFi as its latest KYB-verified fiat on-ramp, joining Banxa and Onramp.money and allowing direct PI token purchases via the Pi Wallet. Dubai-based DApp Chainphon also launched a PHONE/PI trading pair on August 12, expanding access beyond platforms like OKX, Gate.io, and Bitget. Over the past week, the PI token rebounded around 10%, trading near $0.40, supported by a potential cup-and-handle formation targeting $0.50–$0.52. However, PI token remains over 80% below its February peak and has fallen out of the top 50 by market cap. Centralized exchange reserves of PI hit a record 411 million, mainly on Gate.io and Bitget, suggesting increased sell pressure. Additionally, more than 167 million PI tokens are scheduled to unlock in the next 30 days, with approximately 10 million set to release on August 16, posing further near-term downside risk.

Ethereum’s price surged 10% in one day and 8% over 24 hours, closing within 2% of its November 2021 record high of $4,867. Institutional demand drove a record $1.02 billion inflow into spot ETH ETFs on August 11, led by BlackRock’s iShares Ethereum Trust. Total ETF assets now exceed $10 billion with weekly inflows over $2.2 billion and more than $2.3 billion added in six days. On-chain metrics show daily transactions near 1.9 million and a DeFi TVL around $95 billion. Technical analysis highlights strong resistance at $4,700–4,750; a sustained break could trigger a price discovery phase. Analysts forecast targets from $7,000 to $13,000, with Yashasedu projecting $8,500 by year-end. Traders should monitor spot ETF flows and key resistance levels for trading opportunities.

QF Network has scheduled its Layer-1 mainnet launch for Q4 2025, aiming to redefine blockchain performance. Leveraging RISC-V architecture and SPIN consensus, it offers 0.1-second block times and throughput up to 10× higher than standard Substrate chains. A parallel execution engine and verifiable off-chain compute support millions of daily users without bottlenecks. Its native SDK and zkTLS integration let developers build dApps with Web2-grade speed, security, and decentralization. Founder Ben Burge highlights sovereignty and scalability as core pillars. By bridging Web2 and Web3, QF Network’s mainnet launch will remove latency barriers and drive mass blockchain adoption.

Ark Invest, led by Cathie Wood, staked $172 million in the Bullish IPO on the NYSE. The firm bought roughly 1.71 million shares of ARKK, 545,000 of ARKW and 272,000 of ARKF. Priced at $37, the Bullish IPO raised $1.1 billion and saw shares surge 83.8% to $68 on debut, then gain 11.2% in after-hours trading. After the listing, ARKK and ARKF edged up 0.04% and 0.63%, while ARKW dipped 0.12%. Backed by Peter Thiel, Bullish will deploy proceeds toward operations, working capital and potential acquisitions. This Bullish IPO rally underscores strong institutional demand for crypto exchange stocks and could boost sector growth. Traders should watch market reactions for potential volatility and momentum opportunities.