Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Ethereum marked its 10th anniversary as institutional demand accelerated, with corporate crypto treasuries now exceeding $100 billion in digital assets. Firms have acquired over 1.3 million ETH—around 1.09% of total supply—driven by staking yields and active value generation. Standard Chartered forecasts that corporate holdings could reach 10% of Ethereum’s supply, potentially lifting ETH above $4,000 by year-end. Robust spot ETH ETF flows added $5.3 billion since July 3, while leading firms such as Strategy, Metaplanet and SharpLink expand their Ether reserves. Phoenix Group diversified with 514 BTC and 630,000 SOL, and BitMine Immersion aims for up to 5% of the ETH supply. Japanese company Metaplanet plans a $3.7 billion stock offering to buy 210,000 BTC by 2027. Meanwhile, DeFi platform Veda has appointed ex-SEC counsel TuongVy Le to strengthen compliance. Ethereum’s Total Value Locked in DeFi remains high at nearly $85 billion, underscoring ecosystem growth amid tightening supply.

XRP faces a critical $2.80–$2.95 support zone. On the 4-hour chart, RSI shows a bullish divergence as price records lower lows. The daily chart has formed a Dragonfly Doji, signaling strong buyer intervention at dips. XRP is carving a falling wedge pattern with a key breakout threshold at the wedge’s upper trendline near $3.07, coinciding with the 0.236 Fibonacci level. A decisive close above this level could trigger a 20% rally toward $3.60–$3.65 by late August. Traders should monitor whether XRP holds above $2.80–$2.95 to confirm fresh bullish momentum. All traders should conduct personal research; trades carry risk.

Crypto stocks plunged after the US Bureau of Labor Statistics reported just 73,000 new jobs in July versus 100,000 expected. Weak nonfarm payrolls intensified market volatility and raised recession concerns. Renewed US tariff threats of 10%–41% on rerouted Chinese goods further dented investor sentiment. Bitcoin slid below $115,000 from near $120,000 highs, amplifying pressure on crypto stocks that track BTC price movements. Persistent core PCE inflation clouds the Federal Reserve’s rate cut outlook. Futures markets still price in multiple Fed rate cuts later this year, but current data suggests economic headwinds will persist. Expert Jeffrey Schulze at ClearBridge Investments warns that weak job growth combined with rising tariffs could further contract the labour market. Traders should monitor US nonfarm payrolls, tariff negotiations and Bitcoin price trends. A sustained rebound in BTC above $120,000 could support a recovery in crypto stocks. Conversely, prolonged labour weakness or higher tariffs may keep risk assets under pressure.

On August 1, a dormant Bitcoin whale reactivated a 12.4-year-old wallet and moved 306 BTC (about $35.3 million) into two new addresses. On-chain analysis indicates that this Bitcoin whale’s transfer likely reflects a security upgrade or fund reorganization rather than an imminent sell-off. Splitting the transfer across two standard-fee transactions suggests routine fund management. Although 306 BTC is modest compared with daily trading volumes and did not immediately sway Bitcoin’s price, this rare dormant wallet activity can affect market sentiment. The event underscores the importance of on-chain analytics, cold storage practices and seed-phrase backups for long-term Bitcoin custody. Traders tracking Bitcoin whale movements should watch similar dormant wallet reactivations for insights into whale behavior and potential liquidity changes.

CoinDCX hack occurred on July 19 when attackers used a fake job offer to dupe an employee into running tasks on his company laptop. This social engineering attack granted them access to internal systems. Exploiting his corporate privileges, hackers drained $44.2 million in Solana (SOL) and Tether (USDT) from a liquidity wallet via the Jupiter aggregator. Bengaluru police have arrested software engineer Rahul Agarwal, though it remains unclear if he was complicit or deceived. Authorities are tracing external wallets to recover funds, with CoinDCX offering a bounty of up to 25% of recovered assets. The exchange covered all customer losses from its reserves, ensuring user funds remain safe. The CoinDCX hack highlights the growing threat of insider vulnerabilities and social engineering, prompting calls for tighter internal security controls in crypto trading.

Gemini co-founders Tyler and Cameron Winklevoss have urged the Senate Agriculture Committee to block Brian Quintenz’s CFTC nomination, citing conflicts-of-interest due to his roles at a16z and as a Kalshi board member. FOIA-released emails indicate his incoming CFTC team sought confidential data on Kalshi competitors. In response, the White House requested delaying the committee vote, spotlighting worries about regulatory transparency and potential bias in the CFTC nomination. Crypto traders should monitor this saga for its implications on future CFTC policy and broader market conditions.

US Congress has passed the GENIUS Act, establishing the first federal framework for fiat-backed stablecoins. The law sets out strict stablecoin regulation: issuers must obtain a federal license, maintain 1:1 reserves in high-quality liquid assets, undergo independent reserve audits, and disclose full transparency. The Act also bans yield-bearing stablecoins. This prohibition aims to separate payment-focused tokens from tokenized money-market products and reshape DeFi balance between pure payment tokens and yield products. According to Fabian Dori, CIO at Sygnum Bank, the new stablecoin regulation will provide legal certainty, boost institutional adoption, and promote responsible innovation and financial stability. Compared to Europe’s more cautious digital euro approach, the US favours innovation. Crypto traders should monitor licensing timelines, reserve disclosures and stablecoin usage shifts to assess potential market moves.

Congress passed the GENIUS Act, introducing the first comprehensive US stablecoin regulation. This stablecoin regulation aims to boost trust and mainstream adoption. The law mandates 100% reserve backing in cash or high-grade assets, stringent AML/KYC controls, monthly reserve disclosures, and annual PCAOB audits for major issuers. It establishes dual oversight: the Fed and OCC for issuers over $10 billion, state regulators for smaller players, and grants holder priority in bankruptcy. A ban on yield-bearing stablecoins protects consumers but may drive users to DeFi. However, a notable loophole exempts offshore issuers like Tether, subject only to undefined ‘comparable’ standards. Tether has pledged compliance and plans a domestic stablecoin. The Act opens stablecoin issuance to banks and retailers, from Bank of America to Amazon, and is likely to boost demand for US Treasuries. Traders should watch for market share shifts toward compliant alternatives and increased volatility during the transition.

Hashgraph Group (THG) has launched IDTrust, a self-sovereign identity (SSI) platform on the Hedera network. AI-driven and powered by Hedera Consensus Service stateless proofs, IDTrust issues, manages and verifies digital credentials without centralized authorities. Users retain full control of their personal data and do not need to hold HBAR tokens or adopt Hedera key schemes. IDTrust’s design avoids ledger bloat and reduces validator strain while adding authorization capabilities alongside identity proofs. CEO Stefan Deiss highlights its decentralized trust model as a differentiator from Polygon ID, Worldcoin and Microsoft Entra. The launch aligns with global digital ID efforts—including Switzerland’s upcoming e-ID framework and Vietnam’s national blockchain identity platform—and THG is working with Swiss authorities to ensure e-ID compatibility and W3C verifiable credential support for IDs and driver’s licences.

Global crypto exchange MEXC has introduced TRON stock futures via a USDT-settled TRON/USDT pair. These TRON stock futures offer zero trading and funding fees, deep liquidity, and up to 5× leverage. Maker and taker fees are 0.01% and 0.04%, respectively. Users can take long or short positions on Nasdaq-listed Tron Inc. shares. Tron Inc., formerly SRM Entertainment, holds over 365 million TRX tokens, has deployed a $100 million TRX treasury, integrates TRX staking on JustLend, and rang the Nasdaq Opening Bell on July 24. Launched on August 1, 2025, this listing underscores growing demand for tokenized equities and bridges traditional finance with digital assets, providing institutional-grade infrastructure for diversified crypto derivatives trading.

XRP price plunged by around 8% to near $2.90 amid a broader crypto downturn. Trading volume jumped 28% to $8.2 billion as panic selling hit XRP and other major coins. On-chain data shows whales offloaded roughly $28 million in XRP daily over the past 90 days, contributing to $758 million in total liquidations, including $41 million in XRP positions. Technical analysis indicates bearish momentum: RSI stands at 48 and MACD has triggered a bearish crossover. Key support lies at $2.80–$2.73, with immediate resistance at $3.00 and $3.23. A break below $2.73 could target the $2.00 zone, while reclaiming $3.00 may open upside toward $3.55–$4.00. Declining exchange balances and rising sell pressure signal continued downside risk for traders.

Ray Dalio has sold his final stake in Bridgewater Associates and exited its board after 50 years. Bridgewater issued new shares to Brunei’s sovereign wealth fund, giving it almost a 20% stake. Dalio forecast an economic downturn worse than a recession, warning of a global debt crisis and likening potential fallout to an “economic heart attack” if the US budget deficit stays above 3% of GDP. To hedge against currency devaluation and market volatility, he raised his recommended Bitcoin allocation from 2% to 15% and continues to recommend gold as a safe haven. He praised Bitcoin as “one hell of an invention” and confirmed he holds some Bitcoin, though he still prefers gold. Despite past miscalls—like an incorrect 1982 depression prediction—Dalio’s revised Bitcoin allocation strategy signals renewed investor interest in cryptocurrency hedges amid macroeconomic uncertainty.

El Salvador’s Legislative Assembly approved constitutional amendments allowing President Nayib Bukele indefinite presidential reelection. The reforms extend the term from five to six years, eliminate runoff votes and align presidential and legislative elections to save an estimated $50 million per cycle. Critics warn the changes concentrate power, undermine democratic checks and risk authoritarianism amid reports of detained opposition lawyers. Supporters, citing a 78% approval rating, argue that synchronization of votes returns power to citizens and frees funds for public spending. On the cryptocurrency front, the government claims daily Bitcoin purchases, holding 6,255.18 BTC, despite an IMF report stating no new buys since the $1.4 billion loan in December 2024. El Salvador also signed a memorandum with Bolivia’s largest bank to bolster regional crypto infrastructure. Traders should watch how political centralization from the presidential reelection plan and evolving Bitcoin strategy affect market confidence and adoption in this leading crypto use case.

Cboe & NYSE Arca have submitted proposals to amend SEC listing rules and fast-track crypto ETF approvals by cutting the SEC’s 19b-4 review timeline from 240 days to about 75 days. The plans revise Cboe’s Rule 14.11(e)(4) and NYSE Arca’s Rule 8.201-E, replacing case-by-case 19b-4 sign-offs with clear criteria on asset type, liquidity and market oversight—aligning crypto ETFs with traditional commodity funds. This follows the SEC’s approval of in-kind redemptions for spot Bitcoin and Ethereum ETFs and new legislative clarity from the GENIUS and CLARITY Acts plus a White House framework. Analysts say faster crypto ETF listings could unlock institutional capital and broaden investor choice to include altcoins like Solana (SOL), Avalanche (AVAX) and XRP. Critics warn streamlined rules may favor large tokens and sideline smaller projects. The SEC’s recent pause on the Bitwise 10 Crypto Index ETF and Grayscale conversions underscores its cautious stance. If adopted, these changes would accelerate new fund launches, bolster institutional inflows and mark a significant step toward mainstream digital asset adoption.

Strategy reported a record Q2 profit of $10 billion, driven by $13 billion in BTC fair-value gains. Operating income jumped 7,100% year-on-year to $14 billion. The firm holds 628,791 BTC (≈$73.3 billion) and raised its full-year BTC yield target to 30% and Bitcoin gains goal to $20 billion. Strategy announced a $4.2 billion preferred share (STRC) issuance to fund up to 36,128 BTC purchases under its $84 billion “42/42” acquisition plan. Despite strong crypto performance, shares closed at $401.86 and dipped 1.4% after hours. CEO Phong Le called the stock “misunderstood and undervalued” and emphasized Strategy’s low P/E in the S&P 500. Co-founder Michael Saylor and Le are lobbying for clearer U.S. crypto regulation ahead of the Digital Asset Market Clarity Act review.

SatoshiMeme ($SATOSHI) launched its eight-phase presale on August 1, 2025, at 18:00 UTC+9, offering 8 billion tokens in phase one at a 50% discount. Traders can purchase $SATOSHI with USDT via TRC-20, Solana, or BSC, send funds, install the WONPAY MicroBitcoin wallet, and email their TXID to receive tokens automatically within 24 hours. Backed by P2P Foundation and Commons Foundation, SatoshiMeme runs on the MicroBitcoin (MBC) network to revive Satoshi Nakamoto’s micro-economic currency vision. With strong social media buzz and pending major exchange listings, the presale is expected to sell out rapidly, presenting a bullish opportunity for early meme coin investors.

Coinbase Q2 revenue for 2025 reached $764 million, slightly below analysts’ forecasts, with Bitcoin commanding a 34% share. XRP’s revenue share rose to 13% in Q2 and to 16% over H1, surpassing Ethereum’s 12% Q2 and 11% H1 shares, buoyed by its July 2023 relisting following a favorable SEC ruling. Stablecoin revenue jumped 44% year-on-year, led by USDC demand. Coinbase’s crypto treasury remained BTC-centric, holding $1.3 billion in BTC, $300 million in ETH and $200 million in other tokens. Traders may view the surge in XRP and stablecoin revenues as bullish signals, reflecting shifting market dynamics. Amid these shifts, Coinbase Q2 revenue dynamics highlight diversification in trader preferences.

On August 1, Hong Kong’s Stablecoin Ordinance took effect, inaugurating a formal stablecoin licensing framework. The Hong Kong Monetary Authority (HKMA) will accept applications for fiat-backed stablecoins pegged to HKD and USD until September 30, 2025, and plans to issue the first licences in early 2026. Major firms including JD.com and Standard Chartered have signalled interest, but initial approvals will be limited to select qualified issuers. The framework mandates a 1:1 reserve ratio, restricts advertising to licensed entities to curb scams, and requires issuers to implement geo-blocking measures against prohibited jurisdictions, including VPN-based access. Firms must notify the HKMA by August 31 and submit full applications by September 30, 2025. The stablecoin licensing rules aim to enhance market stability, investor protection, and transparency, aligning Hong Kong with global compliance trends and reinforcing its status as a leading crypto and financial hub.

South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have launched a joint task force with the Digital Asset eXchange Alliance (DAXA) to draft comprehensive crypto lending regulations. The framework will impose caps on leverage ratios, define eligible assets, mandate clear risk disclosures, and enforce transparency in lending reports. Top exchanges including Bithumb and Upbit—offering loans up to four times collateral and 80% loan-to-value, respectively—will need to comply. These measures aim to curb excessive crypto lending, strengthen investor protection, and prevent market instability in the wake of global platform failures such as Celsius and BlockFi. The draft rules, expected next month, mark Seoul’s expanded push for digital asset oversight and are set to reshape future legislation.

Naoris Protocol has launched a $120,000 post-quantum bug bounty to test and strengthen elliptic curve cryptography against future quantum computing attacks. The program awards $50,000 for breaking secp256k1 (Bitcoin, Ethereum), $30,000 for Ed25519 (Signal, Solana), $20,000 for NIST P-256 (TLS/SSL), and $10,000 for other NIST curves. Participants must recover a full private key through pure mathematical cryptanalysis, excluding implementation flaws. CEO David Carvalho stressed that this effort “isn’t about attacking cryptocurrency, it’s about defending it,” highlighting the urgency for quantum-safe solutions.\n\nThe bounty underscores growing concerns as quantum computing nears the 2,330 logical qubits needed to crack 256-bit curves. In response, Bitcoin developers are drafting a BIP to phase out vulnerable signature schemes. Meanwhile, Sui Research unveiled a quantum-resistant framework compatible with Sui, Solana, Near, and Cosmos without hard forks. This post-quantum bug bounty marks a proactive step in bolstering blockchain security and cryptographic resilience ahead of future quantum threats.

On-chain analytics firm Lookonchain reports that wallet 0xd8d0 executed a crypto whale accumulation of 893 BTC and 20,000 ETH—totaling about $177 million—in just five hours. This crypto whale buy is viewed as a bullish market signal, driven by the Bitcoin halving event, Ethereum’s Dencun upgrade, macroeconomic uncertainty fueling crypto hedging, and anticipated institutional inflows via spot ETFs. By moving funds off exchanges into cold storage, the whale may tighten circulating supply and create upward price pressure on both BTC and ETH. Traders tracking this crypto whale move should monitor on-chain data and on-chain metrics, assess supply tightness, and combine these insights with technical analysis before trading.