Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On August 2, the Bitcoin Fear and Greed Index dropped from 65 to 55, marking a shift to neutral market sentiment. Over the past 24 hours, the index fell by 10 points, though the 7-day and 30-day averages remain at 69 and 71, indicating sustained bullish momentum. The Bitcoin Fear and Greed Index combines six weighted metrics: volatility (25%), trading volume (25%), social media sentiment (15%), market surveys (15%), Bitcoin dominance (10%), and search trends (10%). A neutral reading at 55 often signals a consolidation phase. Traders can use the index alongside technical indicators and volatility analysis to refine trade timing and manage risk.

Baby Capital has signed a $100 million term sheet to acquire a controlling stake in Nasdaq-listed ATA Creativity Global, including $30 million in new shares and $70 million in warrants. Upon closing, Baby Capital will appoint three new board members as ATA pivots into BTCFi services. The deal deepens cooperation with the Babylon protocol—currently securing over 45,000 BTC and $5 billion TVL—to integrate Bitcoin staking into DeFi. ATA Creativity will also buy Baby tokens and launch ongoing token buybacks and stock issuances. This merger bridges traditional markets and crypto DeFi, offering traders a regulated entry into BTCFi and token investments. Traders should monitor listing plans, token acquisitions, and governance updates for market impact.

Shiba Inu’s price dropped nearly 5% despite burning a record 600 million tokens in 24 hours and a 16,700% surge in its burn rate. This shows that a Shiba Inu burn does not guarantee immediate price support. Toncoin remains range-bound below the $3.35 Fibonacci resistance. A breach of $3.29 support could push it down to $3.26, while a rebound above $3.36 may target $3.42. In contrast, BlockDAG’s presale has raised $358 million by selling 24.6 billion tokens. The campaign attracted over 4,500 developers across 300 Web3 projects. Priced at $0.0016 in the presale, BlockDAG tokens could see significant upside to a potential $0.05 listing. Traders should monitor token burns, key Fibonacci levels for TON, and BlockDAG’s presale milestones for trading signals.

Coinglass data shows Bitcoin liquidation intensity rose from an estimated $609 million at the $114K support level and $74 million at $116K resistance to a potential $3.5 billion across updated key thresholds. A drop below $112K may trigger $1.09 billion in long liquidations, while a rally above $116.7K could force $2.5 billion in short liquidations. These clusters of pending forced close orders highlight rising volatility on major centralized exchanges. Traders should monitor the $112K, $114K and $116.7K zones, adjust stop-loss orders, and manage margin risk. Real-time Bitcoin liquidation intensity can help predict sudden price swings and refine trading strategies.

Over the past 24 hours, crypto futures liquidation wiped out $474.32 million in leveraged positions across major tokens, with Ethereum (ETH) leading at $267.94 million (88.76% long), Bitcoin (BTC) at $164.38 million (93.99% long) and Solana (SOL) at $41 million (90.01% long). This surge in crypto futures liquidation underscores intense market volatility and the risks of excessive leverage. Perpetual futures contracts, which have no expiry, magnify both gains and losses. Sharp price swings breached margin requirements, triggering automatic liquidations and cascading sell-offs. The heavy bias toward long liquidations points to overly bullish sentiment and insufficient downside hedging. To manage liquidation risk, traders should adopt prudent leverage, set stop-loss orders, maintain sufficient margin and diversify positions. Continuous market analysis, including key support and resistance levels, can further protect capital and help navigate volatile swings.

The recent Ethereum whale accumulation of 79,461 ETH (≈$299 M) took place over three days, including a notable 16,495 ETH purchase from Galaxy Digital. This Ethereum whale accumulation has lowered the whale’s average cost basis to $3,763 per ETH but currently shows an unrealized loss of $22 M amid heightened market volatility. Such sizable on-chain activity highlights growing institutional interest ahead of key network upgrades. Traders can view this large-scale ETH buy as a bullish indicator for short-term momentum, though potential liquidations or thin-market liquidity could trigger corrections. Monitoring on-chain analysis and whale behavior alongside fundamental factors is essential for setting clear entry and exit strategies and managing portfolio risk.

Coinbase will suspend Function X (FX) trading on August 15 at 2 PM ET. The FX trading suspension follows the Function X team pausing its underlying smart contract on the exchange. Coinbase will halt FX deposits, withdrawals, and trades until the contract is unpaused. Traders should expect reduced liquidity for FX and adjust their positions accordingly. The pause highlights how smart contract issues can disrupt crypto trading and affect market liquidity. Market participants must watch for contract reactivation updates from both Coinbase and the Function X team to resume normal FX trading.

On August 2, monitoring data shows a crypto whale expanded its ETH short to 11,111.11 ETH and opened concurrent BTC shorts, pushing its total short portfolio above $168 million. The combined unrealized profit on these BTC and ETH shorts reached $5.86 million—with $3.24 million from the ETH short alone—reflecting strong bearish sentiment. Traders watching this crypto whale can use ETH short and BTC short movements as early indicators of potential price corrections. Integrating whale data into broader analysis helps refine risk management amid heightened volatility.

SharpLink Gaming continued its institutional ETH accumulation strategy by depositing $108 million in USDC to Galaxy Digital. The firm immediately used part of the funds to purchase 14,933 ETH at an average price of $3,550. The remaining $55.6 million USDC was allocated for future Ethereum buys. Since June, this MicroStrategy-style approach has increased SharpLink’s reserves to 464,000 ETH. At a cost basis of $3,029 per ETH, the position is now worth $1.62 billion, yielding an unrealized gain of $214 million. On-chain analytics suggest the disciplined ETH accumulation signals growing institutional demand and confidence in Ethereum. Traders should monitor on-chain flows and unrealized gains as indicators of short-term price momentum and long-term market support.

Altcoin Season Index at 37 indicates a prevailing Bitcoin Season. The index tracks the performance of the top 100 cryptocurrencies against Bitcoin over 90 days, excluding stablecoins and wrapped tokens. A score of 37 shows fewer than 25% of altcoins have outperformed BTC, highlighting rising Bitcoin dominance. This Altcoin Season Index update underscores how macroeconomic uncertainty, the upcoming Bitcoin halving, and growing institutional adoption via spot ETFs are driving funds toward Bitcoin. Traders face heightened risk in altcoin trading under these conditions. Market cycles suggest altcoin rallies typically follow periods of Bitcoin consolidation. Monitoring Bitcoin’s dominance, institutional inflows, and sector innovations can help anticipate the next altcoin season. Recommended strategies include focusing on blue-chip altcoins with strong fundamentals, using dollar-cost averaging, and rebalancing portfolios toward Bitcoin or stablecoins. Disciplined risk management and a long-term perspective remain essential during the current Bitcoin Season.

Nvidia has denied that its H20 AI chips contain backdoors, responding to a cybersecurity probe by China’s Cyberspace Administration (CAC) and scrutiny from US lawmakers. After securing US government approval in July to resume H20 AI chip exports, Nvidia met with Beijing officials on July 31, addressing concerns over tracking, geolocation, and remote shutdown functions. The CAC requested detailed documentation on potential vulnerabilities and past tracking allegations in the H20 AI chips. US legislators, including Senator Tom Cotton and Representative Bill Foster, have raised questions about export controls and mandatory security mechanisms in advanced semiconductors. Nvidia maintains that its H20 AI chips contain no hidden access points or remote access capabilities. This development highlights escalating US–China tensions over AI semiconductors and underscores the importance of transparent security standards in global chip trade.

Ripple has re-escrowed 100 million XRP on the XRP Ledger, reinforcing its XRP escrow strategy. Under this escrow system, Ripple releases 1 billion XRP monthly and re-locks any unused portion. By locking 100 million XRP in July, Ripple extends the lock-up period and maintains predictable supply. This XRP escrow mechanism reduces the risk of sudden supply shocks and selling pressure, enhancing market stability. All movements are on-chain and verifiable via Whale Alert and other trackers, boosting trader confidence. Critics note centralization risks due to Ripple’s large holdings, but routine escrow actions show commitment to long-term ecosystem health. Traders should monitor on-chain data to align strategies with Ripple’s predictable escrow schedule. Market momentum will hinge on XRP’s adoption in cross-border payments and liquidity solutions.

Former President Donald Trump criticized Federal Reserve interest rates as “too high,” warning that elevated borrowing costs could hamper growth. He said he would not hesitate to fire Fed Chair Jerome Powell, though he conceded that a Powell dismissal might unsettle markets. Analysts note that abrupt Fed leadership changes often fuel volatility as investors reassess monetary policy. Despite the critique, Trump expects Powell to remain to avoid disruption. Crypto traders should monitor Federal Reserve rate decisions and any Powell developments, as heightened uncertainty may trigger volatility across digital assets.

In recent weeks, a major Bitcoin whale rotation saw Satoshi-era holders offload over 80,000 BTC, triggering a near $9.6 billion sell-off. Yet the market rebounded within hours, underscoring strong liquidity and maturity. Data from Santiment shows mid-tier wallets have added more than 218,000 BTC since late March, absorbing supply and smoothing volatility. Institutional demand has surged as 219 entities—including ETFs, corporations, and treasury firms—now hold 3.6 million BTC (approximately $419 billion). Analysts compare this trend to early gold ETF growth and expect Bitcoin institutional adoption by pension funds to drive sustained demand and price stability. Glassnode notes long-term holders still control 53% of supply, suggesting future sell pressure. Overall, this whale rotation into institutional hands underpins market stability and lays the groundwork for the next bull run, marking a pivotal phase in Bitcoin institutional adoption.

Strategy expanded its at-the-market Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) offering from $500 million to $4.2 billion in July 2025 to accelerate Bitcoin accumulation. The expanded STRC offering funded the purchase of over 21,000 BTC, highlighting the company’s aggressive BTC treasury strategy. Meanwhile, investors filed class action lawsuits alleging Strategy understated Bitcoin’s volatility and overstated projected profits. Plaintiffs challenge the use of alternative metrics such as “BTC Yield” and “BTC Gain” that they say obscure true financial performance. Co-founder Michael Saylor defends the model as “misunderstood” and emphasizes Strategy’s strong capitalization and long-term vision. Analysts warn that large-scale BTC accumulation and ongoing legal uncertainty could heighten short-term market volatility. Traders should monitor the STRC offering and related risk disclosures for potential impact on Bitcoin market movements.

Bitcoin fell below the $113,000 support level, sliding to $112,980 on Binance USDT as macroeconomic headwinds, whale movements and renewed regulatory scrutiny intensified selling pressure. A breakdown under critical technical support triggered automated sell orders and stop-loss liquidations, amplifying crypto market volatility. Large-cap altcoins like ETH followed Bitcoin’s decline, while mid-cap tokens saw steeper losses as traders rotated into stablecoins. Traders are advised to employ disciplined trading strategies and risk management, including dollar-cost averaging (DCA), strategic profit-taking and stop-loss orders to navigate the downturn. Looking ahead, Bitcoin’s historical resilience after past market corrections, combined with upcoming halving events and growing institutional adoption, may support a long-term recovery. However, persistent inflation, interest rate hikes and evolving regulatory developments require ongoing monitoring.

Ethereum Foundation has unveiled the Ethereum Lean Plan, a 10-year roadmap to enhance network security, uptime, and scalability. The plan incorporates quantum-resistant cryptography and targets 10,000 transactions per second on Layer 1 and 1 million TPS on Layer 2 through a lean consensus model that uses SNARK-friendly EVM, real-time zkVMs and Data Availability Sampling for sub-second finality. Defensive “Fort Mode” ensures quantum-safe security, 100% uptime and full decentralization, while offensive “Beast Mode” boosts throughput with optimized protocol designs. The roadmap highlights strategic reserves of $10 billion and 2.73 million ETH in corporate holdings. ETH trading near $3,610, up 47% last month, reflects growing trader confidence. Traders should monitor protocol proposals, developer milestones and adoption metrics as the Ethereum Lean Plan unfolds.

Ripple CTO David Schwartz clarified that Kraken co-founder Jesse Powell’s caution on XRP was driven by regulatory uncertainty, not personal bias. Powell cited XRP’s early ties to Ripple Labs and warned of ‘asymmetrical risk’ if U.S. regulators classify XRP as a security. This concern led Kraken to suspend XRP trading for U.S. customers to avoid enforcement actions. The debate began after Schwartz’s informal poll on a potential Ripple IPO, which aims to raise $100 million at a $15 billion valuation. Crypto traders should monitor ongoing legal developments around XRP, as regulatory clarity could enhance liquidity and price stability. Conversely, lingering ambiguity may trigger short-term volatility and impact exchange listings.

Metaplanet has filed to issue ¥555 billion (US$3.73 billion) of perpetual preferred shares to fund a 210,000 BTC Bitcoin treasury by 2027. The shares, paying up to a 6% fixed dividend, will be subject to approval at an Extraordinary General Meeting. The firm currently holds 17,132 BTC—surpassing Tesla and Galaxy Digital—and aims to make Bitcoin its core asset and inflation hedge. Metaplanet’s stock has jumped 345% year-to-date on strong Bitcoin demand, though share dilution fears triggered a 7% drop post-announcement. The preferred shares provide stable, non-dilutive financing but carry risks from Bitcoin’s price volatility, Japanese regulatory uncertainty, market liquidity for large holdings and ongoing dividend obligations. CEO Simon Gerovich says the strategy positions the company as a corporate Bitcoin pioneer and could spur wider adoption and clearer crypto regulations in Japan.

Federal Reserve Governor Adriana Kugler will resign on August 8, reducing the Board of Governors to six members and opening a FOMC nomination spot. A key moderating voice on interest rates, her departure may shift the Fed’s balance toward more hawkish policymakers, strengthening the USD and increasing volatility in the crypto market. Traders should monitor upcoming FOMC nominations, Fed meeting minutes and economic data such as CPI and non-farm payrolls for clues on interest rate trajectories. A potential rise in rates could pressure digital assets, while a similarly dovish replacement might sustain the current risk-on environment in the cryptocurrency sector.

Fed Governor Adriana Kugler will resign effective August 8, 2025, opening a Federal Open Market Committee (FOMC) seat early. Her departure intensifies political pressure on Fed independence as President Trump pushes for aggressive rate cuts and criticizes Chair Powell. The Fed last held interest rates steady after hotter-than-expected inflation data, triggering a Bitcoin volatility spike. Expectations for rate cuts rebounded following soft nonfarm payrolls. Traders now face heightened crypto market sensitivity. They await the president’s nominee and Powell’s confirmation to gauge future interest rate policy. This Fed resignation deepens uncertainty over rate cut timing and underlines the link between central bank moves and Bitcoin volatility. The dynamic underscores how Federal Reserve policy shifts directly drive Bitcoin volatility.

SEC Project Crypto aims to update US blockchain regulations with a transparent framework for on-chain trading, tokenized assets, and decentralized custody. The plan includes exemptions, safe harbors, and clear guidance on ICOs, token launches, airdrops, and staking rewards. Traders reacted with caution. XRP price plunged over 3.5% to $2.89 on heavy volume as RSI hit oversold and MACD turned bearish. Solana (SOL) fell from $169.34 to $166.13, with RSI near 27 and on-balance volume declining. The selloff reflects profit-taking and uncertainty over enforcement timelines under SEC Project Crypto. Short-term volatility is likely as market participants digest the scope and timeline of the new rules. In the medium term, clearer regulatory guidance could enhance market stability and drive growth in blockchain-based capital markets.

DevvStream has launched a crypto treasury strategy by deploying $10 million to acquire Bitcoin (BTC) and Solana (SOL). The Nasdaq-listed carbon management firm issued $300 million in secured convertible notes through Helena Global Investment Opportunities to fund digital assets. It highlights Bitcoin’s high liquidity and low correlation as a stable reserve asset, while Solana’s fast network supports tokenized carbon markets and sustainability projects. Founded in 2021, DevvStream provides carbon credits for renewable energy and forest protection initiatives. The company is negotiating to expand its $300 million equity credit line to accelerate further crypto acquisitions and invest in blockchain-based sustainability infrastructure like EV charging networks. This crypto treasury move positions DevvStream among publicly traded firms diversifying their balance sheets with digital assets and scaling environmental asset tokenization.

A dormant Bitcoin wallet reactivated after 12.4 years, moving 306 BTC (about $35 million). Acquired at roughly $90 per coin, the wallet has gained 127,000%, underscoring Bitcoin’s long-term value growth. Dormant Bitcoin wallet movements often signal shifts in market sentiment and liquidity dynamics. Traders monitor on-chain data and volume spikes for clues to potential price action. Historically, decade-old wallet reactivations precede significant price swings. Institutional accumulation by MicroStrategy and Metaplanet continues, reinforcing a bullish outlook. This convergence of dormant Bitcoin wallet activity and institutional buying may tighten short-term supply. Traders should watch price trends and on-chain metrics for emerging signals.

Tether Gold’s market cap has topped $800 million, backed by 7.66 tonnes of physical gold supporting over 259,000 XAUt tokens. This rapid growth in Tether Gold reflects rising institutional demand for tokenized gold as an inflation hedge. At the same time, Twenty One Capital boosted its BTC holdings to over 43,500 BTC (valued at $5.1 billion), cementing its position among the largest corporate Bitcoin holders. On Avalanche, Grove partnered with Janus Henderson and Centrifuge to allocate $250 million in on-chain real-world assets (RWA), tokenizing U.S. Treasuries and CLO funds on the AVAX network. This move underlines increased confidence in credit strategies on Avalanche’s blockchain. Regulatory clarity arrived as the U.S. SEC approved in-kind creations and redemptions for spot Bitcoin and Ether ETFs, lowering costs and improving efficiency. Ethereum spot ETFs, led by BlackRock’s iShares, have already surpassed $10 billion in assets. These developments point to a maturing tokenized asset landscape and bolster bullish momentum across gold, BTC, Avalanche RWA and crypto ETFs. Traders should monitor Tether Gold inflows, institutional BTC accumulation, and ETF flows for potential market opportunities.

Tokyo-listed Metaplanet has filed a ¥555 billion shelf registration to raise up to $3.7 billion through a continuous offering of perpetual preferred shares, split into Class A non-convertible and Class B convertible stocks, each valued at ¥277.5 billion. The shares carry a dividend of up to 6% annually, with issuance planned from August 2025 to August 2027. Proceeds will support an aggressive Bitcoin accumulation strategy, targeting 210,000 BTC by end-2027, including a revised 2026 goal of 100,000 BTC. Metaplanet currently holds 17,132 BTC (approx. $1.95 billion) after a recent 780 BTC purchase. The fundraise represents about 75% of its ¥729 billion market cap. Bitcoin trades near $113,400, down 2% over 24 hours.

Coinbase reported Q2 revenue of $1.5 billion, down 26% quarter-over-quarter, as transaction revenue fell 39% to $764 million and subscription and services revenue slipped 6% to $656 million amid lower market volatility. However, stablecoin revenue rose 12% to $332 million, and average USDC balances reached $13.8 billion, underscoring growing demand for less volatile assets. Looking ahead, Coinbase forecasts Q3 subscription and services revenue of $665–745 million and anticipates July transaction revenue of $360 million. CEO Brian Armstrong outlined a pivot to an “Everything Exchange,” integrating decentralized exchanges and launching tokenized US stocks pending US regulatory approval. This tokenization push, supported by recent US policy signals, aims to diversify services, bolster long-term growth, and reduce reliance on crypto trading cycles.

Crypto ETFs recorded a record $12.8 billion in net inflows in July as token prices climbed and institutional interest surged. BlackRock’s iShares Bitcoin Trust (IBIT) led the rally with over $86 billion in assets under management, outpacing traditional equity ETFs like IVV and IWM. The SEC’s approval of in-kind creation and redemption for spot Bitcoin ETF and Ethereum ETF vehicles is set to further boost institutional adoption. These mechanisms allow large managers to swap crypto without triggering taxable events or liquidity strains, lowering costs and improving fund efficiency. Simplified brokerage access, regulatory oversight, professional custody, high liquidity and diversification potential drove demand. Traders should monitor expense ratios, tracking errors, market volatility and evolving regulations as they assess Crypto ETF strategies. This inflow milestone underlines growing confidence in regulated Crypto ETFs as a bridge between traditional finance and the cryptocurrency market.

Charlotte Fed President Raphael Bostic said that despite July employment data showing signs of slowing, the labor market remains strong. He emphasized the Fed’s data-driven approach, holding interest rates steady and maintaining expectations for Fed rate cuts—one likely this year and further cuts by 2025. Persistent inflation risks and emerging economic indicators will dictate the timing of monetary policy adjustments. Bostic also noted the lasting fiscal impact of tariffs on consumer sentiment. Crypto markets should prepare for increased volatility as traders evaluate Fed rate cuts outlook and shifts in risk appetite.