Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On August 10, 2025, Ethereum price surged to a high of $4,332, its strongest level since December 2024, before easing to around $4,221. The ETH price rally pushed co-founder Vitalik Buterin’s net worth back to about $1.04 billion, based on his 240,042 ETH holdings and smaller positions in AETHWETH, WHITE, MOODENG and WETH. The advance triggered roughly $1.35 billion in short liquidations, fueling a short squeeze. Analysts expect short-term volatility and profit-taking near $4,400 resistance and $4,000 support but foresee further upside driven by US spot ETF inflows, on-chain profitability signals, DeFi expansion and Layer-2 adoption.

Michael Saylor, executive chairman of MicroStrategy, posted an AI-generated image on X showing himself as Indiana Jones with the caption “I went looking for gold… and found something better”. The post underscores Bitcoin’s superiority over gold. This follows MicroStrategy’s July 29 acquisition of 21,021 BTC for about $2.46 billion. The purchase raised its total holdings to 628,791 BTC, valued at over $70 billion. The pop-culture visuals aim to boost investor confidence and drive broader Bitcoin adoption, despite potential copyright and valuation questions. By combining concise AI marketing with transparent accounting of BTC holdings, MicroStrategy reinforces Bitcoin as the preferred store of value for traders.

Spartans has emerged as the leading crypto casinos platform of 2025, combining slots and sports betting with direct BTC, ETH, USDT, USDC and AVAX wagers. The site features 5,963 games from 43 providers, including live dealer titles, and offers real-time odds on football, cricket, UFC, basketball and tennis. Users benefit from native wallets and instant payouts, eliminating conversion delays and hold times. A 300% welcome bonus with transparent wagering terms, plus a Lamborghini giveaway, boosts engagement. Competitors such as Stake.com, Roobet, BetMGM, BC.Game and Betano lag with slower withdrawals and point conversion friction. Traders stand to gain from Spartans’ streamlined interface and fast access to winnings, enhancing liquidity and trading activity in the crypto casinos market.

GameStop holds 4,710 BTC (about $500 million), $8.5 billion in cash and has a $10 billion market cap. The company has made no new Bitcoin purchases since May 2025. CEO Ryan Cohen’s decision to unfollow all Bitcoin and crypto accounts signals a shift in its treasury asset strategy. Traders now question GameStop’s long-term Bitcoin commitment amid market volatility and await any sign of resumed buying or full withdrawal.

Binance Coin (BNB) has rallied 8.9% over the past week to trade above $800, just 6% below its all-time high. Technical indicators mirror Bitcoin’s previous bull cycle, showing prolonged consolidation followed by decisive breakouts. After consolidating in the $200–$350 range during 2022–2023, BNB surged past $450 and broke $700 in early 2024. Now facing resistance at $800, a successful breakout could propel Binance Coin to $950, trigger a pullback to around $777, and then accelerate toward a $1,200 target—a potential 50% gain. Key resistance levels lie at $912 and $1,044, while support floors are at $649.40 and $517.90. With a market capitalization of $112.36 billion and bullish momentum across daily, weekly, and monthly charts, traders should monitor macroeconomic shifts, Binance-specific regulatory developments, and the timing of a broader altseason. Risk management strategies remain crucial amid persistent volatility in Binance Coin trading.

Four publicly traded firms have collectively acquired over 3.5 million SOL tokens, worth approximately $591 million and representing 0.65% of Solana’s circulating supply. Upexi leads with 1.9 million SOL purchased at an average price of $168.63 since April and fully staked at 8% APY. DeFi Developments Corp holds 1.18 million SOL at an average cost of $137.07, sitting on $36.8 million in unrealized gains. Toronto-based SOL Strategies has accumulated 392,667 SOL via dollar-cost averaging since June 2024, generating $3.9 million in gains. Torrent Capital added 40,039 SOL earlier this year for modest profits. Meanwhile, SOL price has climbed 14% over the past month, trading above $180 and approaching key resistance. This wave of institutional Solana investment underscores growing market confidence, potentially fueling further bullish momentum and long-term stability for SOL.

XRP price has broken out of a long-term bullish triangle on the weekly chart, signalling fresh momentum toward $11. July’s breakout lifted XRP to a high of $3.38, followed by consolidation near $3.22. Key resistance sits at $3.40 (1.0 Fibonacci extension): a decisive volume-backed break above $3.40 could open the path to $5.75, with the 1.618 extension at $11.20 as the ultimate target. On the downside, the $2.25 zone—formerly resistance and the 0.786 retracement—now serves as critical support. A sustained hold above $2.25 validates the bullish thesis, while a breach may drag XRP price toward $1.63 or $1.29. Crypto traders should watch for strong volume on the $3.40 break and use $2.25 as a stop-loss parameter. Overall, the weekly bullish triangle breakout and Fibonacci levels guide the next XRP price moves.

Bitcoin surged to new August highs, reaching $118,760 on Bitstamp. Traders now eye a Bitcoin short squeeze. They highlight support at the CME futures gap around $116,500 and a weekly close above $117,200. A 10% rally could liquidate over $18B in BTC shorts, potentially driving Bitcoin to $120,000. Last weekend’s moves triggered about $350M in liquidations, boosting bullish sentiment. Analysts like Rekt Capital, BitBull, Merlijn and Ted Pillows point to large liquidity pools above current levels. They expect a gap fill at $116,500 before further upside. Minor retracements may occur when traditional markets reopen. But the Bitcoin short squeeze remains the central theme. Traders also watch ether (ETH) after its multi-year highs.

BlackRock has confirmed it does not plan to launch a spot XRP ETF or SOL spot ETF in the near term, despite strong market speculation. A spokesperson told The Block that regulatory clarity remains a priority before filing any new products. Since March and April, futures-based XRP and SOL ETFs have attracted over $1 billion in new capital, but BlackRock’s focus stays on Bitcoin and Ethereum products. Meanwhile, other asset managers—ProShares, WisdomTree, 21Shares, Canary and Bitwise—have already filed for a spot XRP ETF with the SEC. Bloomberg analysts now assign a 90% approval odds for spot ETFs on XRP, DOGE and ADA by the end of 2025. Canada’s 3iQ has beaten the U.S. to market, listing spot XRP ETFs (XPRQ, XPRQ.U) on the Toronto Stock Exchange in June, amassing around $50 million in assets. Ripple’s recent legal victory over the SEC sent XRP up 11% to $3.33, while Ethereum gained 7% to $3,908 ahead of network upgrades and proposed ETH-based ETFs. Traders should temper short-term expectations for BlackRock filings but watch ongoing legal and regulatory developments for potential long-term catalysts.

Solana price prediction is gaining momentum as SOL nears the $200 level. Analysts forecast a short-term breakout supported by low fees, fast transactions, network growth, DeFi and NFT adoption, and potential institutional Solana ETF approvals. Meanwhile, PayFi project Remittix has raised over $18.5 million in its presale at $0.09 per RTX, offering a 40% token bonus, 20% referral rewards, and a $250,000 token giveaway. The mobile beta wallet launching in Q3 2025 will support instant transfers, fiat cashouts and cross-chain swaps. Remittix’s upcoming CEX debut is expected to boost RTX liquidity. Traders should watch Solana price resistance at $200 and the Remittix listing timeline for short-term trading signals and longer-term portfolio rebalancing opportunities.

On August 8, El Salvador’s Bitcoin Office announced plans to open the world’s first fully Bitcoin-based bank. The Bitcoin Bank will offer BTC deposits, lending, payments and remittance services, embedding cryptocurrency deep into the national financial system. Since adopting Bitcoin as legal tender in September 2021, El Salvador has rolled out the Chivo wallet, launched geothermal-powered mining and amassed reserves of 6,264 BTC (over $730 million). The initiative ties into a pending 2024 Bank for Private Investment (BPI) bill that would let banks operate in dollars and Bitcoin under lighter rules. The IMF has warned of Bitcoin’s high volatility and weak consumer safeguards. Under a $1.4 billion aid deal, El Salvador paused new BTC purchases but continues internal wallet transfers to grow reserves. Key challenges include price swings, a local preference for the US dollar, legislative gaps and trust issues over reserve management. A dedicated Bitcoin Bank could boost on-chain liquidity and remittance flows while reinforcing BTC as legal tender. Traders should monitor regulatory updates and reserve accumulation for potential market impacts.

Peter Schiff, the economist and gold advocate, has reiterated his preference for Bitcoin over Ethereum despite Ethereum’s recent price surge to about $4,200 and strong inflows into Ethereum ETFs. He stated that while he holds neither digital asset, he would choose Bitcoin for its long-term stability and predictability, contrasting it with Ethereum’s volatility. Schiff also argued that Michael Saylor’s MicroStrategy would have been stronger if it had diversified into gold alongside its Bitcoin acquisitions. This comes as Bitcoin’s market dominance dipped to 59.1% and Ethereum’s climbed to 13%, with institutional inflows of $461 million into Ethereum ETFs compared to $403.9 million into Bitcoin ETFs. Traders should watch how Schiff’s endorsement influences Bitcoin sentiment and price action, even as Ethereum and other altcoins continue to draw capital.

Economist Henrik Zeberg warns that Bitcoin’s rally is at risk if the Nasdaq undergoes a significant correction. With Bitcoin trading above $110,000, its performance shows a strong correlation with high-growth tech stocks, as US market cap-to-GDP ratios now exceed pre-2007 crisis levels. This tech bubble raises the risk of a sharp pullback. A downturn in the Nasdaq could trigger cascading Bitcoin sell-offs and heighten crypto market volatility. Traders should monitor equity indices and market cap-to-GDP metrics, and maintain robust risk-management strategies amid these risk-off scenarios.

Pharos Network has partnered with Morpho to launch native RWA lending on its EVM-compatible Layer 1 mainnet. This RWA lending integration embeds Morpho’s $9 billion on-chain lending infrastructure into Pharos, creating institutional-grade credit pools with isolated risk modules. The RWA lending system will power new vaults and capital deployment frameworks, letting institutions and professional investors deposit tokenized real-world assets as collateral, borrow on demand, and earn competitive yields. Dubbed RWAfi, the initiative blends DeFi’s composability with TradFi compliance, focusing on institutional vaults, structured lending products, risk pricing, and scalable credit systems. With the real-world asset market set to grow at 5% monthly and exceed $600 billion by 2030, this alliance accelerates the mainstream adoption of RWA lending, unlocking new yield opportunities for institutional and retail traders.

After two years of development, Bitlight Labs has launched the RGB protocol on Bitcoin’s mainnet, enabling off-chain smart contracts sealed in UTXOs with client-side validation. To drive adoption, the team airdropped 21 million RGB test tokens, but strict limits of 50 tokens per claim, 420,000 required claims and mandatory fees of 0.00003636 BTC (≈$4) have slowed distribution to under 20% after 17 hours. The accumulated fees (potentially $1.68 million) plus additional gas costs for container creation have sparked user frustration and FUD, dampening early market sentiment. While the RGB protocol showcases Bitcoin layer-2 innovation, its complex setup and protracted rollout underline challenges that may influence future trading strategies for smart-contract projects on Bitcoin.

US Customs and Border Protection (CBP) has challenged CleanSpark’s Q2 2025 report, alleging that Bitcoin mining equipment imported between April and June 2024 originated in China and demanding $185 million in import tariffs. CleanSpark denies the claim, citing supplier certificates and purchase agreements verifying non-Chinese origins, and has not reserved funds for this liability. A similar dispute involves miner IREN, which faces a $100 million import tariff demand for equipment brought in from April 2024 to February 2025. These import tariffs reflect heightened US scrutiny of Bitcoin mining supply chains amid the US–China trade war, underlining regulatory risks and potential cost impacts for mining firms. Traders should monitor how these developments could affect miner profitability, hashrate expansion plans, and broader market sentiment.

In July, ex-BitMEX co-founder Arthur Hayes sold 2,373 ETH and a basket of DeFi tokens at an average of $3,507 per coin. Early August, he predicted an Ethereum pullback to $3,000. On August 10 and again hours ago, Hayes moved 14.8 million USDC to exchanges, deploying roughly $6.85 million USDC to acquire 1,250 ETH (~$5.3 M), 424,000 LDO (~$550 K), 420,000 ETHFI (~$510 K) and 92,000 Pendle (~$500 K) within two hours, plus over 10.5 million USDC for further Ethereum buys. This rapid reaccumulation signals renewed whale confidence in Ethereum and DeFi tokens. Traders should monitor USDC inflows and whale activity as a bullish indicator for Ethereum momentum.

Ethereum price surged to a 2025 high above $4,300, pushing co-founder Vitalik Buterin’s on-chain holdings to over $1 billion. Arkham Intelligence data shows Buterin holds 240,042 ETH plus stakes in AAVE and WETH. The latest Ethereum price rally was driven by strong spot Ether ETF inflows — $461 million in one day and $326.6 million over the past week. Traders now eye a breakout toward the $4,878 all-time high, with about $1.35 billion in ETH short positions at risk and short-squeeze potential rising. Buterin first became a crypto billionaire in May 2021 as ETH topped $3,000, then lost the status in mid-2022 when ETH fell over 80%. The current surge reflects renewed market optimism, technical momentum, and ETF demand, suggesting further upside potential for traders.

Ripple’s XRP has gained formal recognition from US regulators, marking a major regulatory milestone. In Q2 2025, XRP overtook Ethereum on Coinbase in retail trading revenue, capturing 13% of fees versus ETH’s 12%. Analysts attribute this shift to renewed institutional interest, growing retail demand, and rising ETF speculation. For XRP to match Bitcoin’s $2 trillion market cap, it would need a 1 500% rally from its current $138 billion value. Forecasts suggest XRP could reach $12.50 by 2028 if ETF approvals arrive and momentum continues. Meanwhile, high-risk presale token MAGACOIN FINANCE is drawing attention. The project combines DeFi infrastructure, governance utilities, and staking incentives, offering potential returns up to 15 000%. Online forums on Telegram and X have seen heightened MAGACOIN FINANCE chatter, reflecting shifting capital flows.

Solana surged 18% in a week, climbing above a descending trendline to reach $181. However, trading volume dropped 10%, hinting at profit-taking near the $184–$185 resistance zone. On-chain data show $15.18 million in SOL inflows to exchanges on August 9, signaling potential selling pressure. Liquidation clusters highlight support at $174 and stiff resistance at $184. Technical indicators leave room for upside: the RSI sits at 57, below overbought territory, while the Supertrend at $190.33 keeps a bearish bias. Traders need a daily close above $185 to aim for the $256 target (nearly 40% upside). Failure to hold current levels may trigger a pullback to $174 or a period of consolidation. Active traders should monitor resistance tests and volume rebounds to gauge renewed bullish momentum in Solana.

Industry experts identify five altcoins with the potential for 20x crypto growth by 2030: XRP, ADA, TIA, MAG and VRS. XRP’s fast, low-cost cross-border payments stand to benefit from a likely SEC ruling, On-Demand Liquidity expansion and tokenized finance adoption. Cardano (ADA) leverages Hydra scaling, a robust DeFi ecosystem and decentralized governance to target enterprise use in emerging markets. Celestia (TIA) introduces a modular blockchain model that decouples consensus from execution, positioning TIA as a key data availability layer for rollups. MAGACOIN FINANCE (MAG) offers structured tokenomics and strong presale momentum, highlighting an early-stage opportunity. Virtuals Protocol (VRS) builds an on-chain AI agent platform on Base, combining Ethereum L2 security with low fees. This diverse suite spans cross-border payments, DeFi scaling, modular blockchains, crypto presales and AI integration. Traders seeking high-risk, high-reward exposure may open positions ahead of the next bull cycle, as institutional adoption and DeFi expansion drive market innovation. These projects illustrate the catalysts behind potential 20x crypto growth by 2030.

XRP is trading at $3.32 after its MVRV ratio topped realized value, marking a golden cross that historically preceded rallies of 600% or more. Meanwhile, the NVT ratio has fallen 46% to 95.88, reflecting improved on-chain efficiency and strengthening bullish momentum. Technically, XRP faces resistance at the 0.618 Fibonacci retracement near $3.30, with key barriers at $3.46 and $3.66. A clear break above $3.46 on sustained volume could open the path toward $4.23. Traders should watch for increased buying pressure to overcome supply at these levels. On-chain data highlight a potential short squeeze, with $3.03m of short positions liquidated compared to $290k of longs. Binance heatmap shows liquidity clustered between $3.40 and $3.48, making this zone critical for a decisive breakout.

China’s crypto crackdown intensifies with recent prosecutions across six landmark cases targeting illegal forex trading, money laundering, fraud, pyramid schemes and hacking. In the largest illegal forex case, USDT trades worth over CNY2.34bn led to a 13.5-year sentence and fines exceeding CNY1m. Money laundering defendants faced charges for moving as little as CNY25,000 in crypto. A Gen Z trader, Yang Qichao, was jailed for 4.5 years and fined CNY30,000 after a BNB Chain rug pull that drained 300,000 BUSD and 630,000 BFF, causing a 50,000 USDT loss. Token-based pyramid schemes raising over CNY210m resulted in sentences up to six years. Even small-scale hacking proceeds under CNY150 triggered convictions. Traders must stay alert. Any rug pull, OTC arbitrage or aiding illicit transfers now carries severe penalties under China’s crypto crackdown.

President Trump has signed the “Guaranteeing Fair Banking for All Americans” executive order, halting Operation Chokepoint 2.0. The order forbids banks from de-banking crypto firms based on political views, instead requiring objective, risk-based analysis. It assigns the Small Business Administration (SBA) to oversee compliance, bypassing the Federal Reserve and FDIC. Bitcoin and Ethereum saw price gains after the announcement. Crypto advocates Caitlin Long and Senator Cynthia Lummis praised the move, while analyst Nic Carter warned that banks may still cite risk management to justify de-banking. Carter urged greater regulatory transparency to fully eliminate Operation Chokepoint 2.0. Traders can expect improved banking access, enhanced liquidity, and increased institutional participation, boosting market stability.

XRP’s MVRV golden cross has emerged for the third time, crossing above its 200-day moving average at $3.32. Historically, similar XRP MVRV golden cross signals in November 2024 and July 2025 preceded rallies of 630% (to ~$24) and 54% (to ~$5), respectively. If history repeats, XRP could surge to $5.11 or $24.23, with an average projection near $14.40. Analysts Ali Martinez, Davinci Jeremie, and YouTuber DustyBC regard sub-$5 levels as undervalued. Regulatory progress—Ripple’s recent SEC appeal dismissal filing—may remove legal overhang. Traders should watch for sustained price above the MA alongside rising volume as a bullish signal. While the trend favors both short-term entries and long-term positions, prudent risk management remains essential.

President Donald Trump will sign an executive order allowing 401(k) retirement accounts to invest in crypto, private equity and other non-traditional assets. This 401(k) crypto investment move could unlock trillions of dollars into digital assets and altcoins. Trump has also hosted blockchain innovators at the White House, proposed a federal crypto advisory role and called for a national Bitcoin reserve. Legal actions against major platforms like Coinbase and Uniswap have been dropped, signaling a more supportive regulatory environment. The total crypto market cap now stands at $3.76 trillion, with Bitcoin (BTC) dominance down to 60.7% as altcoins gain traction. Ethereum (ETH) outperformed Bitcoin in Q2 2025, often an early indicator of altcoin season. On-chain altcoin deposits to Binance hit a near-yearly high, while technical indicators—such as a golden cross in the altcoin market cap and an Altseason Index rise from 26 to 37—point to growing appetite for higher-risk tokens. A sponsored highlight of the MAGACOIN FINANCE presale notes strong demand and rapid development. Traders should watch 401(k) crypto investment flows and altcoin metrics closely, as these factors could drive the next market rally under Trump’s crypto policy.

Ethereum surged 19% to $4,100 last week, while the NFT market saw an 11% drop in sales to $134.9 million. Buyer counts plunged nearly 90% to 73,900 and sellers fell 91% to 42,878. On-chain NFT transactions edged up 1.6% to 1.78 million but did not boost sales. Ethereum NFTs led volume at $58.5M (-23.4%), followed by Polygon at $17.8M (+56.9%), BNB Chain at $13.6M (+33.5%), Bitcoin at $14.2M (-19.5%) and Solana at $8.2M (-33.5%). Top collections diverged: Polygon’s Courtyard topped with $15.9M (+68%) and a 153% rise in buyers; CryptoPunks dropped 43.7% to $11.4M despite a record 720 ETH sale; Pudgy Penguins added 12.8%, SpinNFTBox jumped 56.3%, while DMarket and Sorare saw slight declines. The steep fall in participation in the NFT market raises concerns over sustainability. Traders should monitor buyer activity and sales volume for signs of recovery amid the ongoing market contraction.

Exodus has partnered with Superstate to issue SEC-compliant stock tokens, marking the debut of its tokenized shares on Solana. Developed via Superstate’s Opening Bell platform and backed by an SEC-registered transfer agent, these tokenized shares offer legal certainty and direct issuer support. Solana’s high speed and low fees make it an ideal launchpad. Next, Exodus plans a multi-chain expansion to Ethereum and Algorand. This strategy aims to boost liquidity and reduce counterparty risk across networks. Traders should monitor on-chain activity, liquidity shifts and network demand as tokenized shares gain momentum in public markets.

Ripple Labs and the US SEC have dropped their appeals, finalizing Judge Analisa Torres’s 2023 ruling and ending a nearly five-year legal battle. The settlement confirms XRP is not a security in retail trades and requires Ripple to pay $50 million. This regulatory clarity spurred XRP price to surge over 11% above $3.30. Polymarket odds for an XRP ETF briefly rose to 88% before settling around 76%. ETF expert Nate Geraci says the ruling paves the way for BlackRock to file an iShares XRP ETF application, following its spot Bitcoin (BTC) and Ethereum (ETH) ETFs. Bloomberg analyst Eric Balchunas is less optimistic about an immediate filing. Meanwhile, Ripple announced a $200 million deal to acquire Rail, boosting its RLUSD stablecoin infrastructure and cross-border payment capabilities. As the third-largest cryptocurrency, XRP could see significant liquidity and price gains with an institutional spot ETF. Traders should watch for an iShares XRP ETF filing and related market shifts.