Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The U.S. Securities and Exchange Commission (SEC) has raised position limits for most Bitcoin ETF options, allowing investors to hold up to ten times more contracts. This change enables traders to deploy covered calls and other income strategies at scale. By expanding Bitcoin ETF options capacity, the SEC aims to curb sharp price swings and suppress volatility. Data from Deribit’s BTC Volatility Index shows a drop from 90 to 38 points over four years, though levels remain above traditional assets. According to NYDIG Research, reduced volatility makes Bitcoin ETF options more attractive to institutional investors seeking balanced risk exposure. Increased activity in Bitcoin ETF options could create a feedback loop: lower volatility drives spot demand, reinforcing market stability and sustained buying pressure. Industry figures, including Ray Dalio, have cited cryptocurrencies as a hedge amid rising U.S. debt. Traders should monitor Bitcoin ETF options volumes and volatility metrics to gauge sentiment and potential price trends.

Ethereum whales have continued to accumulate around $300 million in ETH over the weekend via Galaxy Digital’s OTC desk, boosting a single address’s holdings to 79,461 ETH. BlackRock’s iShares Ethereum Trust ETF drew $1.7 billion in inflows over ten trading sessions, driving a 40% rise in ETF-related ETH holdings in one month, according to Dune Analytics. Glassnode reported over 200 new addresses holding more than 10,000 ETH since July. ETH price dipped below $3,400 before rebounding to $3,560 amid expectations of renewed liquidity and potential Fed monetary easing. Despite August’s typical bearish seasonality—mirroring Bitcoin’s trend—the sustained whale accumulation and record ETF inflows may signal bullish momentum for ETH traders.

Q2 crypto earnings highlight significant gains and sector shifts. MicroStrategy posted $14.0B in revenue and $10.0B net profit, driven by unrealised Bitcoin fair value gains, raising its BTC holdings to 628,791. Coinbase’s revenue fell 26% to $1.50B, yet it delivered $1.43B net profit thanks to a $1.5B gain from its Circle investment and $362M in crypto gains, as core trading fees lagged. Stablecoin issuer Tether reported a $4.9B net profit, supported by $1.27T in US Treasuries and $89B in Bitcoin reserves. Robinhood’s revenue reached $989M, with crypto trading revenue up 98%, lifting net profit to $386M. Kraken saw revenue slip to $412M and adjusted EBITDA drop to $80M amid slower trading volumes; it plans to expand into stock and derivatives services and pursue a 2026 IPO. Riot Platforms doubled revenue to $153M, mined 1,426 BTC and posted $219.5M net profit. These crypto earnings reflect a broader industry trend from single-source trading fees toward diversified financial services, tokenized assets and derivatives. Traders should watch Bitcoin yield strength, firms’ regulatory adaptability and market volatility for potential trading opportunities.

Metaplanet purchased 463 BTC at an average price of $115,895 during a roughly 5% August price dip, spending ¥8 billion ($53.7 million). This lifts its total Bitcoin holdings to 17,595 BTC—valued at over $2 billion—and ranks it as the seventh-largest corporate holder. To fund further Bitcoin accumulation toward its 210,000 BTC target by end-2027, Metaplanet will issue up to $3.73 billion in perpetual preferred shares with up to a 6% annual dividend, mirroring MicroStrategy’s equity-preserving approach. Corporate Bitcoin adoption continues to expand: 162 publicly listed firms now hold BTC, and institutional buyers added $7.8 billion in late July despite $812.3 million in spot US Bitcoin ETF outflows on August 1. This sustained Bitcoin accumulation amid market dips underscores growing confidence in Bitcoin as a long-term treasury asset.

El Salvador’s Bitcoin reserves have risen by 8 BTC this week, bringing total Bitcoin reserves to 6,258.18 BTC (approx. $715 million). This marks continued weekly accumulation since the country legalized Bitcoin as legal tender in 2021. Government statements highlight the strategy’s focus on asset diversification, financial inclusion, lower remittance costs and attracting global crypto investment. As one of the largest country-level BTC holders, El Salvador’s steady purchases signal sustained confidence in crypto adoption. Traders should note this transparent build-up could support market sentiment and inspire other nations to explore sovereign crypto reserves, potentially stabilizing price volatility.

XRP price has retraced 17% from its July all-time high of $3.65, slipping to around $2.99 as momentum cools. On-chain data show the MVRV death cross—where short-term market value falls below realized value—signalling heightened risk of further downside. Trading volume dropped over 23% to $4.83 billion, while derivatives open interest rose 2% to $7.33 billion and derivatives volume fell 34%, reflecting cautious traders holding positions amid uncertainty. On the technical front, XRP price trades below its 10-day and 20-day EMAs at $3.02 and $3.01, generating sell signals. The RSI stands at 51.3 (neutral) and the Stochastic RSI near 14 hints at an oversold condition and a potential short-term bounce. Longer-term EMAs at $2.79 (50-day) and $2.34 (200-day) still underpin the uptrend. Key resistance lies at $3.20, with support levels at $2.95 and $2.75; a break below $2.75 could open the $2.50 zone. Traders should monitor these technical indicators, trading volume trends and the MVRV death cross to gauge XRP price momentum and the next directional move.

BitMEX co-founder Arthur Hayes executed a $13M crypto sell-off over the weekend, offloading 2,373 ETH, 7.76M ENA and 38.9B PEPE. Citing US tariff measures, weak nonfarm payrolls and slow credit growth as deflationary risks, he moved over 80% of proceeds into USDC stablecoin in this crypto sell-off. On X, Hayes warned Bitcoin could test $100,000 and Ethereum revisit $3,000 amid heightened geopolitical strains and fading altcoin momentum. The broader crypto market cap stands at $3.62T, with BTC down 4.2% weekly to ~$114K and ETH off 8.6% to ~$3,500. Traders should monitor tariff developments, stablecoin flows and key employment data for market direction.

With Bitcoin’s price cooling and large-cap tokens losing momentum, an altcoin rotation is underway as traders shift capital into early-stage tokens and mid-cap projects with lean tokenomics and strong community backing. Declining Bitcoin dominance, rising trading volume in low-cap ecosystems, and fresh wallet growth signal increased risk appetite. Emerging projects often launch via accessible presales or private channels, offering breakout potential before mainstream listings. A leading example is MAGACOIN FINANCE, which has recorded weekly peaks in investor participation and tight token distribution reminiscent of early SHIBA INU and DOGECOIN phases. Its low market cap and growing visibility on platforms like CoinGecko have driven buzz ahead of upcoming presale closes and exchange listings. Historical patterns, including PEPE’s parabolic surge, suggest that timing and narrative-driven early-stage altcoins can deliver asymmetric returns. For traders, the key to capitalizing on this altcoin rotation is acting before hype peaks. Monitoring on-chain activity, community metrics, and tokenomics can help identify high-momentum assets. Early entry into projects like MAGACOIN FINANCE may yield outsized gains as the market cycle favors nascent narratives.

SharpLink Gaming has intensified its Ethereum accumulation, adding 30,755 ETH in early August to raise its treasury to 480,031 ETH (approx. $1.65 billion). Funded via private placements and share issuances, the entire reserve is staked for passive yield. Leadership now includes co-CEO Joseph Chalom and chairman Joseph Lubin. Analysts are split: some cite strong institutional demand for Ethereum, while others warn SharpLink’s stock trades at nearly four times its ETH value, suggesting a premium risk. Having briefly led corporate ETH holders, it now ranks second behind Bitmine Immersion Technologies (625K ETH). On-chain data — including a $108.6 million USDC transfer to Galaxy Digital’s OTC desk — signals further ETH purchases. Meanwhile, Ethereum trades near $3,406, approaching its 200-day SMA at $3,222; a rebound above $3,600–3,700 is seen as key to restoring bullish momentum. Traders should monitor SharpLink’s accumulation pace, valuation premium and Ethereum’s critical support levels when planning positions.

Bitcoin dipped 7.5% from its record high near $123,250, retesting the 50-day EMA to form a “perfect bottom.” Historically, this moving average has provided strong support, sparking a 25% rebound in June after a similar pullback. Analysts note that a further dip toward the $110,000–$112,000 range could solidify this base ahead of the next rally. Price action also retested the neckline of an inverted head-and-shoulders pattern. A confirmed breakout is set to drive Bitcoin toward $148,250, with market watchers eyeing the $150,000 milestone for 2025. On-chain metrics from CryptoQuant reveal three waves of whale profit-taking—around U.S. spot ETF approvals, the $100,000 breach, and the $120,000 breakout—each followed by two- to four-month consolidation phases. These cyclical cooling periods have historically paved the way for renewed accumulation and fresh all-time highs. The current setup suggests that the recent pullback is a healthy reset for Bitcoin, laying the groundwork for a potential rally near $150,000.

An anonymous Smart Money Wallet led a $138 million Ethereum sell-off by selling 38,582 ETH this week. On-chain analysis shows it acquired 77,700 ETH on Kraken since early 2024 at an average cost of $2,600 per token. Selling at an average price of $3,577, the wallet secured a $36.6 million profit. It still holds 25,054 ETH, primarily deposited in Aave for ongoing DeFi strategies. This large-scale Ethereum sell-off underscores profit-taking and portfolio rebalancing among smart traders. While such a sale may put short-term downward pressure on ETH prices, deep liquidity and steady demand can absorb the supply without severe volatility. Traders should track Smart Money Wallet movements, use on-chain analytics, and apply disciplined strategies like diversification and dollar-cost averaging to navigate potential market shifts.

Arthur Hayes, CIO of Maelstrom Fund, warns that intensifying macro headwinds—renewed tariff concerns, sluggish credit growth and weak US non-farm payroll data (just 73,000 jobs added in July)—could push Bitcoin toward $100,000 and Ethereum to $3,000. He preemptively sold $8.32m of ETH, $4.62m of ENA and $0.41m of PEPE, moving his holdings into $22.95m USDC and $28.3m in other tokens. Bitcoin is off 7.7% from its $123,000 peak, while Ethereum has fallen 12.5% from $3,900. While Hayes’ outlook is bearish, some analysts expect shallower corrections than in past cycles.

The Altcoin Season Index has dropped to 40, signaling an extended Bitcoin Season. Over the past 90 days, Bitcoin has outperformed more than 75% of the top 100 altcoins. Fewer than 25% of altcoins beat Bitcoin’s returns, pushing capital flows into BTC and boosting Bitcoin’s market dominance while reducing altcoin volatility. Key drivers behind this shift include macroeconomic uncertainty, institutional inflows via spot ETFs, halving anticipation, and Bitcoin’s digital-gold narrative. Traders should accumulate Bitcoin through dollar-cost averaging and rebalance portfolios to increase BTC weightings. They must also research high-potential altcoins ahead of the next altcoin season and apply strict risk management to underperforming tokens. Historically, altcoin seasons follow peaks in Bitcoin dominance, new DeFi/NFT narratives, economic stability or major altcoin upgrades. Monitoring these triggers and the Altcoin Season Index can help traders position for the next altcoin season cycle.

Etherex is set to launch its native REX token on August 6, offering 100% liquidity rewards to providers. The REX token can be converted into xREX under an x33 tokenomics model, granting governance voting rights and 100% of trading fee distributions. Built on Ramses v3 and upgrading Nile Exchange, Etherex optimizes transaction processing, trade execution and liquidity management. This governance-driven design aligns community interests with platform growth, promotes deeper pools and boosts long-term engagement in DeFi.

Ethereum posted a 60% rally in July, driven by record ETF inflows and retail profit-taking. Over 1 million ETH were withdrawn from exchanges in two weeks as whales and high-net-worth investors ramped up accumulation. Ethereum’s derivatives metrics remain healthy: futures open interest near $22.4 billion and a stable funding rate around 0.0049. On-chain data show positive fundamentals and reduced selling pressure. Technically, ETH consolidates above $3,450 with RSI at 52.4 and MACD near a bullish crossover. Traders should monitor ETF inflows, whale movements, and exchange withdrawals for potential breakout catalysts.

XRP has fallen below the key $3 level, extending a 13.6% drop since late July as intensified selling pressure follows Bitcoin’s recent 5% decline. Technical indicators on the 12-hour and daily charts confirm bearish momentum: the Accumulation/Distribution line is declining, the Awesome Oscillator reads negative, and the Directional Movement Index shows a strong downtrend with –DI above +DI and ADX above 20. The next critical support sits at $2.6, aligning with a fair value gap and previous range highs, making it a key level for traders. On-chain data from Glassnode show exchange inflows peaked in mid-July and remain net positive, while percent supply in profit exceeded 90% at the July 23 peak. However, XRP’s MVRV Z-Score stays below historical peaks, suggesting the token is not overvalued and retains long-term upside potential. Traders should monitor the $2.6 support for a potential entry and watch for shifts in on-chain metrics and technical indicators as signs of trend reversal.

Ripple has applied to the Office of the Comptroller of the Currency (OCC) for a limited-purpose national trust bank charter to form the Ripple National Trust Bank, a subsidiary wholly owned by Ripple Labs. The trust bank will hold RLUSD reserves and offer fiduciary services for digital payments—focusing on tokenization and business-to-business solutions without accepting deposits or issuing loans. Ripple is also seeking a Federal Reserve master account to bypass intermediary banks, lower transaction costs, and accelerate settlements. Governance will be overseen by a five-member board led by Chief Legal Officer Stuart Alderoty. This charter brings RLUSD stablecoin services under OCC supervision, enhancing regulatory compliance and scalability. Confidential sections of the application hint at a potential IPO and underscore Ripple’s broader goal to strengthen US financial infrastructure, improve payment efficiency, and boost institutional confidence in its digital assets.

Since 2020, global banks have channeled over $100 billion into blockchain investment, completing 345 deals in tokenization, cross-border payments and custody services. Citigroup and Goldman Sachs led with 18 investments each, followed by JPMorgan Chase and Mitsubishi UFJ with 15 apiece. Thirty-three mega-rounds (over $100 million) included projects like Brazil’s CloudWalk ($750 million+) and Germany’s Solaris ($100 million). A survey of 1,800 financial executives found over 75% expect blockchain operations to be crucial within five years. Regulatory frameworks such as the US GENIUS Act and the EU’s MiCA are boosting stablecoin volumes, projected to hit $700 billion per month by 2025. Banks are shifting from trading digital assets for profit to building long-term infrastructure for tokenization, compliance and digital identity. This sustained blockchain investment trend signals a bullish outlook for crypto infrastructure adoption.

Spartans has emerged as the leader in crypto betting by offering 5,963 games, a transparent 300% welcome bonus with 35x wagering and a seven-day window, and instant BTC, ETH, and USDT withdrawals with stable max-cashout limits. The platform boasts a global sportsbook covering top leagues and UFC, provably fair games with published RTPs, and no-download mobile web access. Spartans also features a full affiliate program (CPA, rev share, hybrid) and exclusive VIP rewards like a Lamborghini draw. Compared with DraftKings’ fiat-focused live bets and slower payouts, and Betsson’s region-locked bonuses and opaque rules, Spartans sets a new standard for speed, fairness, and worldwide access in crypto betting.

USA Today, via a Motley Fool syndication, names XRP the smartest cryptocurrency to buy with a $500 allocation. It cites XRP’s $170 billion market cap, long-standing presence, and strong institutional support. The report contrasts XRP’s fast, low-cost international payments with the slower, higher-fee transactions of Bitcoin and Ethereum. Recent regulatory developments—including Ripple’s withdrawal of its SEC appeal and passage of the GENIUS Act—underscore growing regulatory stability for XRP. The article highlights XRP’s real-world use cases and utility, distinguishing it from high-volatility meme coins. This mainstream media endorsement is expected to boost investor sentiment and draw new retail interest. Traders should watch XRP’s price momentum, liquidity levels, and further institutional partnerships, focusing on steady gains over rapid spikes.

Little Pepe is trading below $0.002 after raising over $13 million in its Stage 8 presale, now priced at $0.0017 per token and nearing sellout. Built on an Ethereum Layer-2 chain, the meme coin offers ultra-low fees, sub-second settlement, sniper-bot protection and a native launchpad for future projects. Early presale success and an early CoinMarketCap listing have paved the way for upcoming Tier-1 exchange listings and token launch. Traders eye key catalysts—the presale transition, major exchange debuts and platform integrations—to gauge upside potential. With projections ranging from 10× in the short term to over 2,000× by late 2027, Little Pepe presents a high-risk, high-reward opportunity for crypto traders.

Mutuum Finance (MUTM) has sold 10% of its Phase 6 token allocation at $0.035, raising over $13.9 million from more than 14,800 holders. The presale price will increase by 15% to $0.040 in Phase 7, with insiders eyeing up to 20× gains upon listing. Mutuum Finance is backed by a CertiK audit (Token Scan 95, Skynet 78) and a $100,000 bug bounty, reflecting strong security standards. Built on a Layer 2 blockchain, the DeFi protocol offers low fees, fast settlement and smart contract–based mtTokens that auto-accrue interest. Users can deposit USDT into peer-to-contract lending pools for over 10% APY while retaining liquidity. Borrowers may pledge ETH or BTC at dynamic loan-to-value ratios, and a peer-to-peer module enables negotiated lending terms. An algorithmic, over-collateralized stablecoin will maintain its $1 peg via a burn-and-mint mechanism. With a planned listing price of $0.06 and anticipated launches on Binance, MEXC and Coinbase, along with ongoing buyback rewards and a $100K giveaway, traders should watch MUTM for both short-term momentum and long-term DeFi utility.

Bitcoin exchange inflows have jumped sharply to around 7,000 BTC per day. The surge is driven by large whale deposits and liquidation from short-term holders. On August 1, short-term holders sold over 40,000 BTC at a loss, the highest daily volume since mid-July. Net exchange inflows reached 16,417 BTC as CryptoQuant’s Exchange Whale Ratio climbed above 0.70, signaling intensified selling pressure. Meanwhile, major US spot Bitcoin ETFs recorded $812 million in outflows—one of the largest drawdowns to date. Large order-book activity also points to a significant trader seeking liquidity to exit sizeable positions ahead of the week. Bitcoin’s price dipped below $112,000 but later attempted to reclaim the $114,000 mark. Traders should track Bitcoin exchange inflows and whale behavior closely. Continued selling pressure from whales and short-term holders may trigger a deeper price correction. However, reclaiming key resistance levels could renew bullish momentum. Market volatility for BTC is set to increase in the near term.

Kuvi.ai has secured $700,000 in a seed funding round led by Moon Pursuit Capital, with participation from Transform Ventures’ Michael Terpin and Web3 investor Dennis Liu, valuing the AI crypto trading platform at $30 million post-money. The capital will fuel development of advanced AI crypto trading algorithms, integrating machine learning and real-time market analysis to optimize trading accuracy during volatility. Using a message-input-based interface for conversational commands, Kuvi.ai aims to reduce human error and automate trade execution. The funds will also support product development, user acquisition, and strategic partnerships. Industry observers expect Kuvi.ai’s growth to boost adoption of AI-driven trading tools, influence trading volumes and volatility patterns, and provide traders with a competitive edge in fast-moving crypto markets.

Bitcoin price has surged past $114,000, driven by robust institutional adoption and supply scarcity following the recent halving cycle. Major financial institutions and sovereign wealth funds are allocating capital to Bitcoin, boosting market liquidity and credibility. Macroeconomic headwinds—rising inflation fears and geopolitical tensions—have further elevated Bitcoin as a digital hedge. Market capitalization now exceeds $2.2 trillion, and daily trading volume has climbed to around $50 billion. This rally is fueling an altcoin season, lifting assets such as Ethereum (ETH) and Solana (SOL). Historical parallels with the 2017 and 2021 bull runs highlight both high growth potential and volatility. Traders tracking Bitcoin price movements should leverage strategies like dollar-cost averaging, risk management, and secure storage. They must also monitor regulatory shifts and profit-taking corrections to navigate this bullish momentum.

XYZVerse presale has raised over $15 million as XRP trades near $2.88 and SOL consolidates at $170, sparking FOMO. The sports-themed memecoin has jumped from $0.0001 to $0.005 and enters its final presale round at $0.02, with a target listing price of $0.10. XYZVerse tokenomics allocate 10% for airdrops, implement regular burns and reward community engagement. Early buyers could see up to 1,000x returns. Meanwhile, XRP’s fast settlement and fixed supply bolster its cross-border use case, despite a 10% pullback. Solana remains in focus for its low fees and high throughput. Traders should watch XYZVerse’s upcoming exchange listings for short-term gains and monitor long-term adoption drivers.

XRP on-chain activity surged to 1.35 billion XRP in daily transfers on August 2, driving a 60% price rally from a low of $2.75 to above $2.97. Key technical indicators held firm: the 26-day EMA provided support, while the RSI bounced off the mid-50 line, confirming a market reset. Rising trading volume and consecutive green candles signal strong accumulation. This uptick in XRP on-chain activity suggests rising network demand and could lay the foundation for sustained growth. Traders now target a decisive breakout above the $3.20–$3.40 range to validate a full bullish reversal and a second leg of higher highs.

Crypto Casinos 2025 consolidate blockchain gaming innovations across top platforms by blending no-KYC, provably fair games, and high-speed crypto transactions. Leading sites like Dexsport deliver a fully decentralized, privacy-focused experience with over 10,000 games and support for BTC, ETH and USDT. BC.Games and BetFury enrich player rewards with daily bonus spins, a bonus wheel, and DeFi incentives such as BFG token dividends on TRON. Stake.com and Thunderpick offer refined live dealer tables and free spin tournaments, while newcomers Vave Casino, Rollbit, and Metaspins integrate gamified interfaces, NFT features, and daily spin bonuses. TrustDice and Gamdom maintain community-driven models with provably fair play and chat giveaways. Traders evaluating crypto casinos should consider game variety, bonus terms, security measures and transaction speed. This surge in DeFi rewards, on-chain transparency and transactional freedom underlines broader crypto adoption and market vitality in 2025.

Trump Media and Technology Group has amassed a $2 billion Bitcoin treasury through spot purchases and crypto securities. It also launched a $300 million options-based plan that can convert into additional BTC. Total financial assets soared to $3.1 billion after institutional fundraising. The company posted its first positive operating cash flow of $2.3 million. Management will use yields from its crypto treasury to fund Truth Social expansions, including Truth+ subscriptions, AI integrations and a planned utility token. The group plans to launch crypto-focused ETFs and managed investment products. Despite these developments, shares fell to $16.92 amid profit-taking. Traders should watch corporate Bitcoin adoption trends and options market signals.