Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Pi Coin has plunged nearly 90% from its February peak, tumbling to a record low of $0.322. The decline accelerated after the Pi Network announced on August 2 a mandatory token lockup policy offering up to 200% mining boosts. Although the lockup covers both pre- and post-migration tokens, widespread KYC and Mainnet migration delays have prevented many users from accessing or transferring their Pi Coin holdings. Unreleased ecosystem tools like Pi Domains and Pi App Studio, along with recurring technical bugs, have sapped confidence further. A scheduled unlock of 160 million tokens (about 2.1% of the total supply) later this month and a reduced mining rate are expected to add downward pressure. Technical indicators on TradingView—an RSI of 23.87, MACD below its signal line, and a negative SMI—underscore persistent bearish momentum. Traders should watch how the Pi Network addresses user backlash and technical hurdles, as volatility remains high.

Mutuum Finance has advanced its decentralized lending protocol to Phase 6 of the MUTM token presale, pricing each token at $0.035 and targeting a 600% return by Q1 2026. The non-custodial DeFi platform offers both peer-to-contract and peer-to-peer lending: lenders deposit USDT or DAI into smart pools to mint interest-bearing mtTokens, while borrowers secure overcollateralized loans against blue-chip assets such as ETH without selling holdings. Users can stake mtTokens to earn MUTM rewards funded by protocol revenue buybacks. Mutuum Finance’s security is reinforced by a CertiK audit (TokenScan score 95, Skynet 78) and a $50,000 bug bounty program. With over 10% of the 170 million MUTM supply sold, the presale has raised $13.9 million from more than 14,800 holders. Phase 7 will increase the token price to $0.04, presenting a final discounted entry. A forthcoming overcollateralized stablecoin mechanism will mint tokens on loan issuance and burn them on repayment to maintain a $1 peg. Layer-2 integration is planned to cut gas fees and boost throughput. Early investors are already up to 6× ahead, and analysts predict post-listing prices above $1.50, highlighting growing trader interest.

On August 2, 2024, a crypto user lost $908,551 in USDC after falling victim to an ERC-20 phishing approval scam. In April 2023, the user unknowingly granted token approval via a fake airdrop site, giving the attacker ongoing wallet access. The scammer waited 458 days until two large USDC deposits arrived in July 2024, then executed the drain. These delayed-strike tactics are common in ERC-20 phishing scams, as attackers monitor for significant inflows before acting. Security experts recommend regular audits of ERC-20 token approvals and the use of tools like Etherscan’s Token Approval Checker to revoke unneeded permissions. Although revocations incur gas fees, timely action can prevent major losses. In July 2024 alone, high-profile hacks—including the CoinDCX exploit—saw over $142 million stolen across the market, underscoring the persistent threat. Traders should prioritize wallet security, monitor token approvals, and adopt proactive risk management to safeguard funds.

A crypto whale recently moved 25,540 ETH from FalconX into two Ethereum 2.0 staking addresses. This follows an earlier deposit of 35,615 ETH, bringing the total staked to 61,155 ETH. Due to recent price declines, the whale now faces an unrealized loss of roughly $10 million. Large-scale ETH staking reduces circulating supply and signals strong confidence in the Ethereum 2.0 upgrade. However, staking rewards must be balanced against market volatility risk. Traders should use on-chain analytics to track whale staking flows and anticipate potential ETH price movements driven by tightened supply and volatility.

Chainlink (LINK) fell 17.2% last week, retracing from $19.5 to a key $15.5 demand zone. This move tracked Bitcoin’s 4.9% drop from $119,800 to $113,600. On-chain metrics suggest profit-taking may be ending. Santiment data showed a spike in Dormant Circulation on August 1 and a decline in the 90-day Mean Coin Age. The MVRV ratio has dropped toward zero, signalling diminishing holder profitability. Technically, LINK’s RSI remains below 50 and On-Balance Volume is falling, reflecting bearish momentum. However, the $15.5 demand zone is reinforced by the 50-day moving average and the FRVP Value Area Low at $15.7. Traders should watch for increased buying volume around $15.5 and a Bitcoin rebound to confirm a reversal.

SharpLink’s Ethereum accumulation continues to gain momentum. The firm transferred 108 million USDC to Galaxy Digital to purchase 14,933 ETH at an average price of $3,550. Following an earlier $53 million Ethereum buy, SharpLink returned $55.56 million USDC before resuming purchases. Since June, the company has acquired 464,000 ETH (valued at $1.62 billion) at an average entry price of $3,029, securing about $214 million in unrealized gains. Under the leadership of Ethereum co-founder Joseph Lubin, SharpLink’s institutional strategy highlights rising crypto adoption and signals bullish prospects for Ethereum traders.

On August 2, 2025, on-chain intelligence firm Arkham revealed that Chinese mining pool LuBian suffered a 2020 Bitcoin theft of 127,426 BTC—worth about $3.5 billion—that remained on-chain and unnoticed for nearly five years. Recent transfers approximating $6 million in stolen assets have reignited concerns over blockchain monitoring and wallet security. With no suspects named, Arkham’s analysis underscores the need for real-time risk alerts, enhanced detection systems and stricter compliance. Despite the scale, Bitcoin’s price and trading volumes remained stable after the disclosure. Experts liken the incident to the Mt. Gox collapse and anticipate stronger security protocols and regulatory oversight as a result of this Bitcoin theft.