Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Grayscale has registered two new Delaware statutory trusts—the Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF—on August 12, marking its first steps toward spot altcoin ETF applications for ADA and HBAR. The filings follow SEC acknowledgments of 19b-4 proposals by NYSE Arca and Nasdaq and build on regulatory clarity from in-kind redemptions for BTC and ETH ETFs under Project Crypto. Formal S-1 submissions and SEC reviews could lead to spot altcoin ETF approvals in early 2026, boosting institutional demand, liquidity, and brokerage access for ADA and HBAR. Traders should monitor SEC updates, S-1 filings, and fund launches for Cardano ETF and Hedera ETF news, preparing for increased volatility and potential long-term price uptrends.

Galaxy Digital CEO Mike Novogratz says XRP and Cardano owe their resilience to a strong crypto community and targeted marketing. He noted that XRP’s brand awareness stems from ICO revenue and periodic token sales. Cardano thrives on an active user base and project leadership. Novogratz praised Ripple CEO Brad Garlinghouse and lawyer John Deaton for uniting the XRP community during the SEC litigation. He compared crypto fanbases to those of Tesla and Palantir. He emphasized that a dedicated crypto community can add investment value and drive long-term market resilience. Novogratz urged Bitcoin advocates to maintain its established digital gold narrative and let projects like Ethereum and Celestia craft unique messages.

On August 13, Sign Foundation completed its first $12 million SIGN token buyback, spending $8 million on the open market and $4 million through private transactions to acquire 117 million SIGN. Transaction records show purchases of 86.88 million SIGN on Binance at $0.0688 and 30.35 million SIGN on Bitget at $0.06778. This SIGN token buyback demonstrated confidence in the project’s long-term fundamentals and aims to bolster its token economy for corporate partnerships, exchange listings, and ecosystem growth. Following the buyback announcement, SIGN surged from $0.06904 to $0.07682—an 11% gain—and then peaked at $0.088 before settling at $0.0747, while 24-hour trading volume jumped over 400%. Traders should monitor trading volume, support levels, on-chain metrics, and order book depth to assess sustained strength and potential entry points. Although the immediate effect of the SIGN token buyback was bullish, long-term sentiment will depend on additional buybacks or fresh catalysts.

Treasury Secretary Scott Bessent has called for a 50bps Fed rate cut in September after revised data showed 258,000 job cuts in May and June and July inflation rose 2.7% year on year. He argued that earlier rate cuts could have occurred in June or July if initial figures had been accurate. This push for a Fed rate cut has lifted risk assets, with Ethereum climbing to multi-year highs and Bitcoin rallying on speculations of an altcoin season. Options data reveal traders are buying downside protection ahead of potential cuts in Q3. President Trump’s Fed board nominee, Stephen Miran, could add weight to a rate cut if confirmed before September. Crypto traders should track upcoming jobs reports and inflation data to gauge Fed policy and its impact on market liquidity.

On August 13, Whale Alert revealed that Circle’s USDC Treasury minted 250 million USDC, reflecting a $250 million fiat deposit. This stablecoin minting surge highlights strong demand from institutional investors, DeFi protocols and large traders seeking efficient liquidity solutions amid crypto market volatility. The fresh USDC supply enhances market liquidity, enabling seamless capital flows between digital assets and supporting DeFi strategies, yield farming and arbitrage trading. Public on-chain records reinforce transparency and confidence in USDC’s 1:1 dollar peg, while such significant minting events often signal potential bullish momentum in trading volumes.

Canary Trump Coin ETF registered as a corporate entity in Delaware, marking the first legal step toward its launch. Although the fund still needs SEC approval before trading, this filing underscores Canary’s plan to provide a regulated ETF for Trump Coin investors. Traders should monitor upcoming regulatory filings and the SEC review timeline, as approval could introduce a new vehicle for crypto ETF investments and spark volatility in Trump Coin’s price. Until formal listing begins, impact remains limited, but successful approval may attract broader institutional demand.

Binance will delist three spot trading pairs—ANIME/FDUSD, HYPER/FDUSD and STO/BNB—on August 15 at 11:00 UTC. Traders should cancel or update spot trading bots and adjust positions before the removal. The exchange noted that the tokens remain tradable via alternative markets and can be withdrawn after delisting. Despite low trading volumes, ANIME jumped 16% on the delisting announcement, while HYPER and STO recorded modest gains amid a broader altcoin rally. Binance also launched new AIO/USDT and XNY/USDT perpetual contracts with up to 50x leverage. AIO surged nearly 50% after listing, while XNY fell 20% in 24 hours. Earlier this month, Binance introduced a zero-fee trading promotion for VIP users on BNB/USDC, ADA/USDC, TRX/USDC and XRP/USD pairs through October 11. These initiatives reflect Binance’s periodic liquidity review of spot pairs and its strategy to expand perpetual contracts. Traders should monitor spot pairs liquidity and volatility alongside futures market movements.

Dogecoin jumped 7% to $0.24 this week after a clear bull flag breakout on daily charts. Sustained whale accumulation of over 1 billion DOGE fueled institutional demand and pushed volume higher. A golden cross formed as the 50-day moving average climbed above the 200-day average, underlining further upside potential toward $0.30. Technical analysis shows strong support at $0.24 after repeated retests, while the monthly RSI sits near its lower bound, suggesting untapped bullish momentum. Historical golden cross signals in late 2023 and 2024 led to 25% and 130% gains within four weeks. Traders now watch for a confirmed break above $0.25 to unlock targets between $0.27 and $0.30, with DOGE/BTC pair flows and volume spikes key to sustaining the rally.

Ethereum price has rallied through the $4,000 and $4,200 barriers to reach $4,500, driven by record ETF inflows, institutional buying and whale accumulation. In July, net ETF inflows surpassed the total from all prior months, fueling a 200% rally over four months and pushing ETH within 15% of its all-time high. Technical analysis shows Ethereum trading in an ascending channel on the 4-hour chart with higher highs and higher lows, indicating sustained buying pressure. On-chain data reveals minimal liquidity obstacles above $4,500, opening a clear path to the $4,800–$5,000 range upon a decisive breakout. Key support levels lie at $4,200 and the daily trendline near $4,000, while downside liquidity clusters around $3,600 could trigger deeper pullbacks if broken. Traders should monitor ETF net flows, on-chain whale activity, and resistance at historic highs for potential entry and exit points.

Analyst YashasEdu forecasts that Ethereum price could climb to between $5,376 and $8,656 if Bitcoin price reaches $150,000, based on historical market cap ratios (21.7%–35%) from past bull cycles. At a 35% ratio, ETH could hit $8,656, while a conservative 21.7% ratio implies $5,376. This price outlook is bolstered by Ethereum’s total value locked (TVL) surpassing $90 billion and record spot ETH ETF inflows of $1.01 billion in a single day. Major analysts like Tom Lee and Arthur Hayes predict Bitcoin may rally to $180,000–$250,000 by year-end, further supporting ETH upside. Despite potential macro-driven corrections next year, low on-chain risk signals and growing institutional demand, including BitMine Immersion’s $20 billion purchase plan, suggest sustained bullish momentum. Currently trading near $4,630, Ethereum price sits just below its all-time high of $4,878, indicating more room for upside before consolidation.

Market expert Versan Aljarrah of Black Swan Capitalist forecasts that XRP’s price must reach at least $1,000 to serve as the primary bridge asset in a tokenized global finance ecosystem. He highlights XRP’s high throughput, fast settlement speeds and low transaction fees, which suit it for cross-border settlements, real-time FX operations and tokenized asset transfers. Aljarrah argues that deep liquidity for institutional flows, central bank adoption and trillion-dollar transfers requires a price floor in the hundreds or thousands. XRP’s fixed 100 billion token supply and built-in burn mechanism could shrink circulating supply as demand grows, applying upward pressure on valuation. Other proponents, including crypto founder Jake Claver and Ripple CTO David Schwartz, project even higher targets of up to $10,000 per token to unlock theoretical liquidity exceeding $500 trillion. Critics counter that such valuations imply a market cap surpassing total global wealth. Nevertheless, historical gains of over 122,000% underscore XRP’s capacity for extreme reversals, and Aljarrah believes another 31,150% surge is feasible if adoption accelerates. Traders should note XRP’s tokenomics and growing demand may drive sustained bullish momentum, making the $1,000 level a new floor rather than a peak in the long term.

Ethereum extended its rally from sub-$2,500 in July to a peak of $4,720 on August 13 after breaking the $4,060–$4,300 resistance zone. Robust US spot ETF inflows—peaking at $726.6 million in a single day—combined with record on-chain activity and rising staking participation to drive the surge, attracting major investors such as Ark Invest and Fundamental Global. CryptoQuant data shows the all-exchange Estimated Leverage Ratio at 0.68, near historical highs, while Binance netflows point to potential sell pressure from liquidations and arbitrage. Over $250 million in short positions were liquidated within 24 hours, underlining heightened volatility and liquidation risk. Nonetheless, continued institutional accumulation and upcoming network upgrades Pectra and Fusaka, which promise improved scalability and lower fees, support a broader bullish outlook for Ethereum.

Japanese financial firm Metaplanet delivered Q2 2025 revenue of $8.4 million, up 41% quarter-on-quarter, driven by its strategic Bitcoin reserves. Gross profit reached $5.5 million, ordinary profit $117.8 million, and net income $75.1 million. Total assets climbed to $1.61 billion, with net assets of $1.36 billion. Metaplanet holds 18,113 BTC at an average cost of $101,911, generating a 468.1% YTD return on Bitcoin. The group acquired 518 BTC at $118,519 each, boosting unrealized gains to $317.8 million. Under its “555 Plan,” Metaplanet aims to hold 210,000 BTC by 2027. It will also launch “Metaplanet Prefs” to merge traditional finance with digital assets. Since expanding its crypto treasury, the stock has rallied 177% YTD, closing at ¥975. This performance cements Metaplanet’s position as Asia’s top corporate Bitcoin holder and underscores Bitcoin’s role as a reserve asset.

Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major AMM exploit on August 13, 2025. Attackers injected a bogus SATOSHI token alongside BTC into the platform’s liquidity pools to artificially inflate prices. They then drained 58.2 BTC (≈$7M), reducing reserves from 291 to 232.8 BTC within two hours. PeckShield first detected the breach, and co-founder Bob Bodily confirmed the AMM vulnerability. Odin.fun has since frozen suspect accounts, secured remaining funds, and engaged U.S. and Chinese authorities, OKX, and Binance to trace the hacker. The platform plans a full security audit within a week. Odin.fun will offer user compensation, although its treasury may not fully cover all losses. The incident highlights the risk of shallow liquidity pools and AMM vulnerabilities in DeFi.

Chainlink has broken free from a four-year symmetrical triangle pattern. It initially surged 8.7% to $20.90, triggering Fibonacci extension targets at $31.87, $52.30 and $86.15 by early 2027. Momentum then accelerated with a 9% weekly breakout above the $24 descending trendline. The pattern’s measured move points to a rally toward $350, a roughly 1,398% gain over 294 days. Volume analysis shows lower volume on pullbacks and spikes on advances, signaling accumulation. On-chain flows confirm significant net outflows during build-up and easing inflows during the price rally. The RSI stands near 65–70, nearing overbought levels, while the MACD has crossed bullishly with expanding green bars. Seasonal October–December strength may align with this upswing. Traders should watch key support at $21 and look for volume-backed moves to validate the breakout or warn of a reversal.

VivoPower has appointed Crypto.com Custody as its institutional partner to bolster its XRP treasury strategy. Through Crypto.com Custody’s multi-jurisdictional solution, VivoPower will secure storage and liquidity for a planned $100 million XRP purchase via BitGo. Additionally, Crypto.com’s broker-dealer platform will list VivoPower shares (VVPR), granting access to over 150 million users and expanding retail and institutional participation. The partnership also extends support to VivoPower’s Caret digital mining unit. Building on this, VivoPower plans to leverage Flare’s upcoming XRP restaking feature for additional DeFi yield. The deal cements Crypto.com Custody’s role as a leading institutional custodian and drives VivoPower’s transformation into a digital asset enterprise.

Traders are eyeing a new wave of meme coins for 2025, led by Troller Cat (TCAT), which offers a projected 312% ROI on listing, a 69% staking APY and deflationary tokenomics powered by monthly buybacks and burns. August presale entrants such as SPX6900 (SPX) leverage viral momentum and active wallet growth ahead of a CEX listing, while Cat in a Dog’s World (MEW) flips dog-coin trends with feline branding, transaction burns and influencer-backed liquidity injections. Comedian (BAN) integrates humor utility via meme contests, comedy livestreams and NFT joke drops tied to festival partnerships, and SLERF (SLERF) appeals with irreverent branding, mystery burns and community giveaways. Other notable altcoin trading picks for 2025 include SNEK on Cardano for low fees and DAO governance; GIGACHAD’s scarcity-driven NFT governance passes; ANDY’s gamified leaderboards; COQ’s meme farming and charity burns; BONE’s dual utility in ShibaSwap; DOGINME’s unpredictable airdrops and burns; and Ponke’s punk-inspired NFT perks. Traders should assess crypto presale stages, tokenomics, project audits, and staking APY to navigate this high-risk, high-reward sector effectively.

Cardano (ADA) surged nearly 20% over the past week, including a 12% jump in the last 24 hours, driven by the Midnight airdrop, which began on August 5, 2025. The airdrop will distribute 24 billion NIGHT tokens across multiple chains, with ADA holders eligible for half the supply. This catalyst has improved the Cardano price forecast as traders anticipate increased demand. Prediction markets now assign an 85% chance to a Cardano ETF approval in 2025—up from 69% last week—potentially unlocking institutional capital and raising ADA’s profile. On-chain data reveals whales have accumulated approximately 200 million ADA, boosting large-holder stakes to over 10% of the total supply. Technically, ADA has reclaimed the $0.81 level as support and trades above its 10-, 20-, 50-, and 200-day EMAs following a descending triangle breakout, further reinforcing bullish momentum. DeepSeek analysts forecast ADA could reach $3 in the coming months, citing ETF approval odds and strong on-chain activity. Meanwhile, Bitcoin Hyper (HYPER), a presale Layer 2 solution integrating the Solana Virtual Machine and a decentralized canonical bridge on Bitcoin, has raised over $9 million. HYPER offers Solana-like speed, low fees, and programmability to Bitcoin, positioning it for potential 2400% gains. Traders should watch the Cardano ETF approval progress, Midnight airdrop claims, and ADA’s key technical levels for short-term moves. In the long term, institutional flows and whale accumulation could underpin sustained growth. Also, monitor Bitcoin Hyper’s presale momentum as a high-risk, high-reward altcoin opportunity. For actionable trading strategies, update the Cardano price forecast as ETF and airdrop developments unfold.

dWallet Labs today unveiled REFHE, a new fully homomorphic encryption (FHE) scheme that mimics real CPU operations, supporting mixed arithmetic and logical operations on encrypted 64-bit data. REFHE removes the traditional trade-off between arithmetic efficiency and logic functionality, delivering 100× smaller ciphertexts, 20× faster multiplications and 1,000× faster additions compared to the decade-old TFHE standard. This breakthrough positions REFHE as the first practical encrypted execution engine for real-world software. Building on recent threshold FHE research, dWallet Labs plans to integrate REFHE into the Ika Network’s 2PC-MPC protocol on Sui, reducing communication rounds and enhancing latency, throughput and security for zero-trust signing. CEO Omer Sadika states that REFHE aligns encrypted computation with modern software workflows, opening new privacy-preserving applications in decentralized custody, multi-chain DeFi and secure digital asset management.

Bitcoin has broken out of its bull flag, surging past $122,000 before retracing to test support near $118,000–$119,000 and filling the CME gap around $117,000. Bitcoin’s technical indicators show an RSI trendline break and a bearish daily candle, suggesting a potential false breakout, while the ascending trendline and rising 50-day SMA offer key support. On the two-week chart, a bullish engulfing pattern and RSI nearing a descending trendline indicate strong upside potential, though the Stochastic RSI on daily and shorter charts has room to reset. Traders should monitor the $117,000 gap-fill level, $119,000 support, RSI 50.00, and Stochastic thresholds to gauge the next move.

Stablecoin regulation remains fragmented across Europe’s Markets in Crypto-Assets (MiCA), the US GENIUS Act and Hong Kong’s stablecoin framework. This stablecoin regulation divergence forces stablecoin issuers to set up parallel legal entities, audits and governance models and inflates compliance costs. Each regime imposes different issuer licensing, reserve requirements and KYC procedures. MiCA allows non-bank issuers under the European Banking Authority, while the GENIUS Act limits issuance to banks and federal entities. Hong Kong’s rules demand strict HKMA licensing and wallet-level KYC. Operational friction advantages large, capitalized issuers and risks sidelining smaller projects or driving consolidation. Growing cross-border adoption and deeper integration of stablecoins into payments and capital markets have increased pressure for regulatory convergence. Market observers and crypto traders await action from global bodies such as the Financial Stability Board (FSB), the Bank for International Settlements (BIS) and the G20 to define common reserve, disclosure and anti-money laundering (AML) standards. However, regulators may continue to use stablecoin rules for economic diplomacy, prolonging fragmentation in the medium term.

Trader Yashasedu’s market-cap model projects Ethereum price could hit $8,656 if Bitcoin price climbs to $150,000. The forecast uses historical ETH/BTC ratios of 30–35% during past bull runs. Even a conservative 22% ratio points to an Ethereum price near $5,370. Currently, Ethereum price has surged 8% in 24 hours to $4,630 as Bitcoin price nears $120,000. Spot Ether ETFs recorded a record $1 billion inflow, and total value locked on Ethereum topped $90 billion, highlighting rising institutional demand. Market veterans Tom Lee and Arthur Hayes predict Bitcoin could reach $250,000 by late 2025, further supporting the upside case. Technical indicators also lean bullish: the Fear & Greed Index stands at 73, Ether posted green days in 67% of the past month, and volatility remains moderate at 8.3%. Traders should watch Bitcoin price, ETF inflows, and TVL growth as key drivers for the next cycle.

Pantera Capital has committed $300 million to crypto treasury firms across the US, UK and Israel. These digital asset treasuries use yield strategies—staking rewards, DeFi lending, stock issuance above net asset value and convertible bonds—to grow token holdings per share, even in flat markets. The fund’s first allocation went to BitMine Immersion Technologies, which holds about 1.2 million ETH (roughly $5.3 billion) and aims to control 5% of Ethereum’s total supply. Since launching its ETH purchase program in June, BitMine shares (BMNR) have soared over 1,100%, far outpacing Ether’s 90% gain. Pantera plans to expand BitMine’s at-the-market equity program to $24.5 billion. Pantera’s wider portfolio spans BTC, ETH, SOL, BNB, TON, SUI and ENA, reflecting growing institutional demand for crypto treasury services. While Pantera argues these companies can trade at a premium by generating yield above their cost of capital, industry figures including Vitalik Buterin and Standard Chartered analysts warn that excessive leverage and market downturns could threaten stability.

OKX has overhauled OKB’s tokenomics with a one-time token burn of 65.26 million OKB from past repurchases and reserves, fixing total supply at 21 million and removing mint and burn functions from the smart contract. The exchange also enables automated on-chain burns for all OKB sent to the blackhole address. Following the announcement, OKB’s price surged over 160% in 10 minutes, trading above $130. As part of the upgrade, OKX will phase out the Ethereum L1 version of OKB, requiring holders to swap tokens to the X Layer. It will decommission OKTChain in August 2025, automatically converting OKT to OKB. The X Layer upgrade introduces a zkEVM chain capable of 5,000 TPS, near-zero gas fees, enhanced DeFi and RWA support, improved bridges, ecosystem funds and liquidity incentives.

Abraxas Capital is grappling with $244.8M in crypto short losses across major digital assets. The firm’s aggressive positions include 113,819 ETH shorts valued at $483M, generating an unrealized loss of $188.7M. Shorts on BTC, SOL, HYPE and SUI add another $56M in losses. These crypto short losses underline the risks of betting against bullish trends in volatile markets. Traders may face heightened market volatility if large-scale liquidations occur. This event serves as a warning to reinforce risk management and reassess short-selling strategies. Monitoring market sentiment and ensuring transparency in leveraged positions are crucial for market stability.

In July 2025, corporate Ethereum reserves surged 128%, climbing to a record 2.7 million ETH (≈$11.6 billion) as 24 new firms added ETH to their treasuries. Major holders like Bitmine Immersion Tech (1.2 M ETH), The Ether Machine (598,800 ETH) and SharpLink Gaming (345,400 ETH) now control about 7.98% of total ETH supply. Corporate ETH stockpiles equal roughly 46.5% of assets in ETH spot ETFs, which themselves reached 5.8 M ETH after a 39.5% gain. Strong staking yields, the deflationary tokenomics post-Merge and clearer US regulation—where Ethereum is treated as a commodity—have boosted demand. Spot ETH ETFs posted $1 billion net inflows on August 11 and notched 19 consecutive days of inflows. Global crypto market cap rose 13.3% in July, pushing Ethereum’s market share to 11.8% as BTC dominance eased to 60%.

BTCS has expanded its NFT corporate treasury by acquiring multiple Pudgy Penguins NFTs. The Nasdaq-listed miner already holds roughly $300 million in Ethereum, and this strategic move diversifies its digital assets into blue-chip NFTs. Pudgy Penguins, launched in 2021 with 8,888 unique avatars and an associated PENGU token, now serve as operational assets on BTCS’s balance sheet. This addition to BTCS’s NFT corporate treasury reflects a growing enterprise blockchain trend. GameSquare Holdings recently spent $5.15 million on CryptoPunk #5577, while World Liberty Financial plans NFT allocations from its $1.5 billion fund. As NFTs evolve from collectibles into revenue-generating, community-driven assets, traders should watch for increased ETH network activity and institutional demand. This shift could drive both short-term price momentum and long-term market growth.

DeFi TVL hit a record $270 billion in July, up 30% month-on-month, driven by tokenized stock wallets rising from 1.6 k to over 90 k and a 220% market-cap surge. Meanwhile, NFT DApps saw trading volume jump 96% to $530 million and average prices double to $105. Daily active wallets reached 22 million, with 3.85 million interacting with NFT platforms—slightly outpacing DeFi. Ethereum-based Blur captured 80% of NFT volume, OpenSea led with 27,000 traders, and Layer-2 platform Zora gained traction via its ZORA token. Major brands such as Nike, Louis Vuitton, Rolex and Coca-Cola China launched NFT pilots. Despite this rebound, 2024 NFT volume and sales are still 19% and 18% lower year-on-year, and H1 2025 sales totaled $2.82 billion, down 4.6% from H2 2024 and far below 2021 peaks.

The ODIN•FUN exploit in April saw attackers inflate the SATOSHI token price via a liquidity pool exploit and drain 58.2 BTC (about $7 million) from the AMM. The ODIN•FUN exploit used a pump-and-dump on the SATOSHI token to empty platform reserves. Following the incident, ODIN•FUN paused AMM trading and engaged a leading security firm for a full smart contract audit. The team also alerted law enforcement and major exchanges, including Binance, to trace and recover stolen funds. This liquidity pool exploit underscores rising DeFi security risks. Traders should reassess exposure to high-risk AMM pools and await audit findings before resuming trades.