Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Phantom has acquired Solsniper, an AI-driven meme token trading platform on Solana, to strengthen its in-wallet trading capabilities. Under the deal, Solsniper’s founding team joins Phantom, while the web app remains a standalone service. The acquisition builds on Phantom’s recent launch of perpetual futures via Hyperliquid. Solsniper brings a Telegram trading bot, high-speed token monitoring and wallet-tracking features. Phantom plans to integrate these tools into its crypto wallet with additional features in the coming months, and co-founder Brandon Millman says further acquisitions are likely as Phantom expands its trading infrastructure. Traders can expect improved Solana meme token trading tools in-wallet, potentially boosting adoption and liquidity on the Solana network.

XRP’s MVRV Ratio has fallen below its 200-day MA, forming a death cross that signals rising selling pressure and a likely steeper correction. Since a mid-July peak of $3.65, XRP has slid 17% to around $2.99 and is down 6.5% over the past week. On-chain data shows spot volume down 23% to $4.83 billion, derivatives volume down 34%, while open interest edges higher. Technical analysis reveals strong resistance at the 10- and 20-day EMAs near $3.02 and immediate support at $2.95, with further support around $2.80–$2.90. A break below these levels could push XRP toward $2.75 or $2.50. Traders tracking the XRP MVRV Ratio should monitor any further drops below the 200-day MA and key support zones, while a rebound above the 200-day MA may invalidate the bearish signal. Although the 50- and 200-day EMAs remain upward, preserving overall bullish momentum, the current death cross points to short-term bearish pressure.

Top trader Hyper has increased their Ethereum (ETH) long position from $10.16 million to a record $18.53 million, according to COINOTAG on-chain data. This move cements the largest ETH long position among the platform’s tracked traders and highlights growing bullish sentiment. Hyper, known for the highest win rate in crypto, timed both entries strategically to leverage rising DeFi activity and deep liquidity in the ETH market. The updated ETH long position aligns with historical trends where significant long builds by leading traders have preceded major price rallies. Contributing factors include upcoming Ethereum network upgrades and heightened institutional interest. Traders monitoring large ETH long positions via COINOTAG’s analytics can use these signals to assess potential market momentum and inform portfolio decisions. Hyper’s expanded exposure underscores Ethereum’s dominant role in decentralized finance and its increasing appeal to institutional investors, offering a key barometer for near-term price movements.

French semiconductor firm Sequans Communications has increased its Bitcoin treasury to 3,157 BTC. The company bought 85 BTC on August 1, 2025, for about $10M. This raises its total digital assets allocation to $368.5M. Sequans’s Bitcoin treasury now ranks among the largest in the semiconductor sector. The treasury diversification strategy aims to hedge against market volatility and regulatory uncertainty. The move highlights growing corporate adoption of Bitcoin as a reserve asset. Analysts say rising institutional demand could boost long-term market stability. For traders, expanding Bitcoin treasury purchases may signal stronger price support.

Nvidia has released the Nvidia Triton security patch (v25.07) to address three critical Triton server vulnerabilities (CVE-2025-23319, CVE-2025-23320, CVE-2025-23334). Discovered by cybersecurity firm Wiz, these flaws allow unauthenticated attackers to leak internal data, escalate privileges, and gain full control of AI inference servers. Applying the Nvidia Triton security patch promptly is essential to secure AI infrastructure. The patch protects over 25,000 companies, including Microsoft, Amazon, Oracle, and Siemens, that deploy AI models on Triton servers. No real-world exploits have been observed so far. Crypto traders should ensure AI-driven trading platforms using Triton servers are updated. Unpatched vulnerabilities could cause trading disruptions, data theft, and model manipulation.

OpenMind secured $20 million in a Series A funding round led by Pantera Capital, with support from Coinbase Ventures, DCG, Ribbit, Lightspeed Faction and other VCs. Founded by Stanford professor Jan Liphardt, the startup is developing a decentralized OS for robots that combines its OM1 operating system with the FABRIC protocol. OM1 OS equips robots with perception, adaptation and autonomous action. The FABRIC protocol acts as an open-source coordination layer—dubbed “Linux on Ethereum”—that uses blockchain networks to enable secure, cross-vendor collaboration. The funding will help expand the team, form partnerships with manufacturers and integrate the decentralized OS for robots into applications like autonomous driving, smart manufacturing and elderly care.

Compass Point Capital has issued a Coinbase downgrade, assigning a sell rating and cutting the price target to $126. The firm cites a cooling retail crypto interest, a drop in monthly transacting users, and lower average revenue per user. Bitcoin and Ethereum trading volumes have slumped to multi-month lows, intensifying pressure on Coinbase’s fee-based revenue. The Coinbase downgrade also reflects missed subscription and services revenue and a Q3 forecast midpoint below analyst consensus. Rising competition from low-fee exchanges and DeFi platforms threatens core trading volumes. Regulatory uncertainty over market reforms could delay growth initiatives until 2026. Traders should expect heightened COIN volatility and cautious sentiment. The downgrade signals that retail engagement must rebound or revenue streams diversify before COIN can regain momentum.

On August 4, city workers recovered the stolen Satoshi Nakamoto statue from Lake Lugano, one day after it was forcefully removed from its Parco Ciani pedestal. The faceless stainless steel sculpture, named “Disappearing Satoshi,” was unveiled at the Plan ₿ Forum in October 2024 and symbolizes Bitcoin’s anonymity and decentralization. Satoshigallery offered a 0.1 BTC reward (≈ $12,000) for information leading to its retrieval. The artist collective has pledged to restore the damaged pieces. The incident exposed security gaps for public art in key digital finance hubs. This statue is part of a global initiative to install 21 Satoshi Nakamoto statues, representing Bitcoin’s 21 million supply, in major cities. Lugano Mayor Michele Foletti said the recovery reinforces the city’s blockchain identity and celebrates Bitcoin culture.

Coinbase’s satirical “Everything Is Fine” ad campaign triggered a Coinbase ad ban by UK broadcasters on August 4. The video juxtaposes calm narration with scenes of inflation, poverty, housing crisis and a millionaire exodus to Dubai, sparking debate over systemic financial instability. CEO Brian Armstrong defended the Coinbase ad ban on X, arguing the campaign targets broken financial systems rather than specific parties. He noted identical ads ran unchallenged in the U.S., underscoring regulatory divergence. The U.K. Advertising Standards Authority has intensified crypto ad scrutiny, warning over 50 firms and banning misleading promotions amid consumer protection concerns. Traders should monitor how this Coinbase ad ban and evolving crypto regulation may signal broader policy shifts and affect market sentiment.

Bybit has expanded its native USDT0 integration, based on LayerZero’s Omnichain Fungible Token (OFT) standard, to three additional Layer 1 networks—HyperEVM, Corn and Berachain. The update joins existing support on Arbitrum, Optimism and Unichain, unifying stablecoin liquidity without bridges or wrapped assets. Native USDT0 delivers provable 1:1 backing, seamless cross-chain transfers and institutional-grade liquidity. To mark the rollout, Bybit is offering zero-fee USDT0 withdrawals and up to 100% APR in boosted staking rewards on HyperEVM, Corn and Berachain from August 4, 2025. Traders gain fast, cost-effective access to cross-chain stablecoin liquidity, bolstering DeFi interoperability and on-chain capital efficiency.

Binance founder Changpeng Zhao (CZ) has warned of an impending global Bitcoin adoption race, urging governments to integrate Bitcoin early to avoid paying higher prices later due to limited supply and growing demand. He cited El Salvador’s Bitcoin law as an example that boosted market sentiment. CZ noted that early adopters stand to attract investment, drive digital asset innovation and enhance economic competitiveness, while laggards face inflated costs and potential setbacks. He stressed the role of clear crypto policies and infrastructure, advising traders to monitor policy shifts closely as national adoption trends are likely to influence Bitcoin demand and price volatility.

On August 4, 2025, Coinbase officially added the MAMO token to its listing roadmap, signaling a likely future listing. Inclusion in the Coinbase listing roadmap typically precedes full trading support. It can boost token exposure, liquidity and price potential. Traders should monitor MAMO token price volatility, Coinbase announcements for trading pairs and listing timelines, and prepare for potential volume spikes. This update highlights Coinbase’s strategy to expand its altcoin offering and stay competitive.

Bitcoin demand remains strong despite recent price volatility. This sustained Bitcoin demand has driven investors to accumulate 160,000 BTC in the past 30 days, with pure accumulation addresses adding over 50,000 BTC. Off-exchange holdings on OTC desks have fallen from 550,000 BTC in September 2021 to 145,000 BTC, signaling robust buying by institutional players. Technically, BTC is trading between $111,900 support and $115,724 resistance, with key SMAs confirming an uptrend and limited selling pressure. These factors underpin a bullish outlook, with a breakout above $115,724 potentially driving prices toward $122,000. Crypto traders should note these accumulation trends and technical indicators as signals for future trading opportunities.

Crypto exchange operator Bullish filed an updated F-1 with the SEC for an IPO aiming to raise $568M–$629M. The Bullish IPO will sell 20.3 million shares at $28–$31 each, valuing the company at up to $4.2B. Major institutional investors BlackRock and ARK Investment have expressed interest in purchasing up to $200M of the offering. Headquartered in the Cayman Islands, Bullish serves institutional clients in over 50 jurisdictions. The IPO proceeds will partly convert into US dollar stablecoins to boost liquidity. In November 2023, Bullish acquired CoinDesk from Digital Currency Group for $72.6M, adding a media platform with 4.9M average monthly unique visitors. This filing follows a resurgence of crypto IPOs from BitGo, Kraken and OKX and comes on the heels of Circle’s successful IPO. Recent stablecoin legislation and CBDC bills highlight growing institutional adoption and regulatory clarity in the crypto market.

An analysis of 57 months of OnlyFans earnings reveals a weak correlation (–0.335 Pearson) with Bitcoin price. A 10-month rolling study alternates between positive and negative correlations, showing no consistent trend for Bitcoin price movements. Interviews with creators like Catherine De Noire, Nerdy Dancing and Allie Eve Knox confirm that most subscribers pay by cash or credit due to privacy, and OnlyFans does not accept crypto. OnlyGuider data show top 0.1% creators saw income rise alongside Bitcoin price highs in April–June 2025, but this did not extend to the broader creator base. A brief NFT and Web3 payment surge in 2021 failed to sustain due to KYC hurdles and slow transactions. Traders should view OnlyFans earnings and the Stripper Index as unreliable indicators of Bitcoin price movements.

The Ether Machine has grown its Ethereum treasury to 345,362 ETH (approx. $1.2B) after two major acquisitions this week, including a $40M buy of 10,605 ETH at $3,781 per coin and a 15,000 ETH purchase for Ethereum’s 10th anniversary. Shifting away from passive holding, the firm actively deploys its Ethereum treasury through staking, restaking and DeFi protocols. Chairman Andrew Keys says on-chain participation is key to expanding capital and strengthening network security. Now third in corporate Ethereum reserves behind BitMine (833,137 ETH) and SharpLink (480,031 ETH), The Ether Machine plans a Q4 SPAC merger to raise $1.6 B for further ETH purchases and to give traditional investors crypto staking exposure. The surge in institutional demand and reduced circulating supply may drive short-term price pressure, while active staking strategies support long-term yield and network stability. Traders should monitor corporate ETH buys, staking yields and SPAC-driven inflows for market signals.

APU Memecoin now supports spot trading on Hyperliquid via a direct LayerZero bridge. This innovation maintains native supply integrity across Ethereum, Solana, Base, and Hyperliquid. FlowDesk and automated arbitrage ensure price parity. Hyperliquid’s on-chain orderbook can process up to 100,000 TPS and holds over $7 billion in TVL. The high-speed, low-latency platform delivers institutional-grade liquidity and transparency. Director of Operations Alexander Levin Jr. led the rollout in under three weeks. This listing expands APU Memecoin’s cross-chain reach and gives traders instant access to advanced DeFi markets.

The European Central Bank (ECB) is fast-tracking its digital euro—an official central bank digital currency (CBDC) designed to complement, rather than replace, physical cash. According to ECB executive board member Piero Cipollone, the digital euro will preserve payment autonomy across the Eurozone and strengthen Europe’s financial sovereignty by offering a regulated alternative to foreign-backed stablecoins. Physical euro banknotes and coins will remain legal tender, especially crucial during digital outages or crises. A recent ECB study in March showed limited public appetite for the digital euro compared with traditional cash holdings, underlining the need for robust digital euro design and user adoption initiatives. ECB adviser Jürgen Schaaf emphasised global collaboration on stablecoin regulation and proposed euro-pegged stablecoins and distributed ledger technology applications to operate alongside the digital euro.

On August 4, 2025, the CrediX hack drained $4.5 million from the newly launched real-world asset lending protocol. The attacker gained admin and bridge roles in its multisig wallet days earlier. Exploiting governance flaws and a private key leak, they minted fake collateral tokens, borrowed $2.64 million and emptied the liquidity pool. CrediX has since taken the platform offline. Security firms CertiK and SlowMist traced the funds as they moved from Ethereum through Tornado Cash to the Sonic network. This breach pushes 2025 DeFi losses past $3.1 billion, led by the $1.46 billion Bybit exploit. Hacken warns that over 80% of H1 losses stem from access control failures. The firm advises real-time AI monitoring, stronger signer training and automated rule-based checks to secure multisig wallets. Traders should watch for further updates on protocol security and emerging AI-driven threat detection tools. As traders assess the impact of the CrediX hack, they should track protocol updates and security patches.

SEC’s Project Crypto introduces a modern regulatory framework for US digital assets. It replaces outdated rules and clarifies asset classification. Under Project Crypto, crypto assets will be defined as digital commodities, stablecoins, or digital collectibles. The plan enables tokenized securities and real-world assets on blockchain. It offers a unified “super app” license for broker-dealers. This single license covers trading, staking, lending, and stablecoin services. Project Crypto simplifies broker-dealer licensing. This comprehensive crypto regulation framework aims to reduce compliance complexity. It integrates DeFi into a regulated system for balanced innovation and investor protection. The SEC withdrew its lawsuit against Coinbase. This move signals regulatory flexibility and encourages firms to return to the US market. Analysts and former SEC commissioner Paul Atkins expect Project Crypto to drive institutional adoption. Clear rules and streamlined licensing are set to boost market optimism and support long-term growth in the US crypto ecosystem.

Justin Sun, founder of TRON, completed a 10-minute suborbital flight aboard Blue Origin’s NS-34 mission on August 3. He secured the seat for $28 million in a 2021 auction. Launched from West Texas at 7:43 a.m. CT, the New Shepard rocket separated three minutes into flight. Sun and five crew members, including a venture capitalist and a meteorologist, experienced weightlessness and saw Earth’s curvature before landing under parachutes at 7:53 a.m. Post-flight, Justin Sun described the “overview effect,” highlighting Earth’s fragility and hinting at future space tourism plans. The mission underscores growing interest in space ventures among Web3 leaders and the intersection of TRON innovation with aerospace.

On July 1, 2025, CyberArena officially rebranded as taptap. The new platform delivers a mobile-first online gaming interface with vibrant visuals and faster navigation. All existing accounts, balances and play history transferred seamlessly. For the first time, taptap accepts crypto payments in Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Blockchain-level encryption ensures fast, secure and borderless transactions. The platform offers sports betting, esports, live and RNG casino games, virtual sports, lottery and skill-based titles. The rebrand highlights taptap’s focus on financial flexibility, user experience and blockchain security. By integrating crypto payments, taptap aims to lead innovation in the online gaming market.

Binance has rolled out options writing for Bitcoin, Ethereum, BNB and Solana contracts, allowing retail traders to sell call and put options across its platform. This new options writing feature lets users earn premiums on spot holdings and manage downside risk. To celebrate the launch, Binance offers a 20% discount on taker and maker fees for new BTC, ETH, BNB and SOL options. It also reduces thresholds in its Options Enhanced Program for institutional and high-volume traders. Volumes in the BTC options market surged from $4.11 billion in 2020 to $138.76 billion by June 2025, a jump of over 3,200%. Jeff Li, Binance’s Product VP, says the move expands its crypto derivatives tools, enhances market liquidity and supports more strategic trading. By adding options writing, Binance aims to enrich its derivatives ecosystem and attract both retail and institutional participants.

European Central Bank (ECB) executive board member Piero Cipollone confirmed the digital euro will complement, not replace, physical cash, preserving legal tender status and enhancing Europe’s payment autonomy. The regulated digital euro, built on distributed ledger technology, aims to curb privately issued and foreign stablecoins, strengthen monetary sovereignty, and reduce reliance on US dollar–pegged alternatives. ECB surveys reveal limited consumer uptake: participants allocated only a small share of a hypothetical €10,000 portfolio to the digital euro. Despite this, the ECB stresses cash remains vital during crises and digital outages. ECB adviser Jürgen Schaaf also calls for global stablecoin regulation and euro-pegged alternatives to reinforce monetary control. The ECB plans a gradual digital euro rollout in coordination with market stakeholders.

Binance Alpha will list the Succinct token PROVE on August 5, granting eligible users early access and an exclusive token airdrop. Qualified participants can claim PROVE tokens by spending accumulated Binance Alpha Points on the Alpha event page once trading goes live. Binance Alpha, Binance’s dedicated crypto launchpad, vets early-stage projects based on community engagement and market trends, and integrates on-chain trading within the Binance Wallet and Exchange for a seamless experience. While the PROVE listing enhances token liquidity and presents a high-growth opportunity, traders should weigh risks like volatility, limited liquidity, and unproven technology. Conduct thorough due diligence on PROVE’s roadmap and team before participating.

The White House has released a crypto regulation policy report that sets clear oversight boundaries between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Under the proposal, the CFTC gains authority over the spot crypto market, while the SEC focuses on digital assets deemed securities. This crypto regulation framework aims to reduce legal fragmentation and foster a transparent, scalable crypto ecosystem. The report also covers market reforms, new banking rules for service providers, stablecoin oversight, and crypto tax law updates designed to bolster the US dollar’s dominance. The policy comes two months after the SEC dropped its appeal in the Ripple lawsuit over $1.3 billion in unregistered XRP sales. The case concluded with a mixed ruling on retail and institutional trades and a $125 million settlement. Analysts say clearer regulatory boundaries could ease investor concerns and boost US crypto adoption. They warn, however, that intensified SEC enforcement and unresolved banking custody rules may temper gains in the short term.

Bitcoin price rebounded from below $112,000, testing the 50-day exponential moving average near $112,900 as key support. Bitcoin price faces a cluster of large short positions in the exchange order book at $116,500, acting as a “magnet” that could fuel a rally on liquidation. Fed rate-cut bets for September have firmed on soft inflation and labor data, boosting risk sentiment. On-chain data from CryptoQuant show whales and short-term holders sent over 40,000 BTC to exchanges at a loss on August 1, adding near-term selling pressure. Despite this volatility, long-term metrics indicate net accumulation. More than 160,000 BTC moved into dormant supply in the past month, and OTC positions are rising. Traders should monitor the 50-day EMA, the $116,500 level and on-chain flows to time entry and exit points effectively.

On-chain data shows an ICO-era Ethereum whale with a low $0.31 cost basis has withdrawn 13,600 ETH (~$47M) from exchanges over three weeks, boosting its holdings to 59,718 ETH (~$210M). This marks its first major buy-back in over two years after cumulative sales of 358,600 ETH (~$897M) from July 2024 to July 2025. A second whale also extracted 2,850 ETH (~$10M) from Kraken, raising holdings to 18,111 ETH (~$64M). Ethereum price climbed to $3,559 (+2.4% in 24h), suggesting whale activity and supply tightening are underpinning a price rebound, fueled by potential spot ETH ETF approval and growth in Layer 2, DeFi and NFT ecosystems. Traders should monitor on-chain signals, as Ethereum whale accumulation often precedes bullish momentum in the crypto market.

Metaplanet, a digital asset investment platform, has purchased 463 Bitcoin (BTC) using cash reserves at market-average prices, increasing its holdings to 17,595 BTC (approximately $54 million). This move reflects growing institutional investment in Bitcoin and underscores its role as a store of value. By further strengthening its corporate treasury with digital assets, Metaplanet tightens Bitcoin’s circulating supply, potentially supporting future price stability and bullish market sentiment. Traders should note that continued Bitcoin accumulation by major firms may drive demand and reduce available supply, influencing both short-term price rallies and long-term adoption trends.