Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Caldera don partner wit EigenCloud to put EigenDA V2 inside dia rollup engine, wey dey boost data speed reach 100 MB/s, and reduce how dem dey depend on Ethereum Layer 1. EigenDA V2 build dedicated data availability layer wey be like Danksharding, e dey guarantee bandwidth plus economic security wey ETH wey dem restake dey back am. E don test for live situation, e don dey post state data for Layer 1 and Layer 2 chains. You fit get am wit one-click option for Caldera dashboard, EigenDA V2 dey make am easy to deploy new rollup and e fit upgrade existing chains well without wahala. This integration go help enterprise like payment firms and fintechs solve scalability wahala, improve blockchain performance without losing decentralization or security.

BYDFi don launch BYDFi Card, na virtual Visa debit card wey USDT dey power for global crypto spending. Users go do KYC for inside app, top up with USDT, activate the card sharp sharp and spend for any Visa-supported currency online or offline through Apple Pay, Google Pay and PayPal. The card get spending limits and real-time transaction tracking, e dey bypass traditional fiat conversions. E dey tailor make for Web3 users, DeFi traders, content creators and cross-border freelancers. BYDFi Card dey make payment easy for subscription, shopping and international services. Early adopters go get $88 welcome package, 15% spending rebates and chance to join $10,000 trading competition. This launch go expand BYDFi ecosystem from spot trading and perpetual contracts go real-world payments, e go push dem closer to seamless crypto-to-fiat infrastructure.

SEC people don drop nonbinding guidance wey talk say receipt tokens no be securities but dem no solve important legal and tax wahala. Di guidance show how dem go do issuance and staking rewards but e no talk anything about formal rules, restaking, cross-chain staking or derivative products. Marinade own Scott Gralnick come warn say without official SEC rules, compliance fit hard. Lido Labs own Sam Kim happy for di clarity but e still point out some uncertain areas, while SOL Strategies own Michael Hubbard talk say only protocols wey follow all di rules strictly fit get regulatory approval. Tax issues still big matter: Alluvial own Evan Weiss talk say time for taxing staking rewards no clear, plus estate tax rules dey stop liquid staking from enter ETFs or asset liquidation. Traders and institutions suppose keep eye for market structure law wey dey come plus possible SEC rules to check regulatory risk when dem dey evaluate liquid staking strategies.

Ethereum jump 6% go reach $3,854, e make ETH/BTC ratio rise 38.5% inside 30 days, e rekindle hope for big altcoin rally. Crypto analyst Michaël van de Poppe say altcoins fit gain 200–500% for next 2–4 months, Cas Abbe yan say exchange supply dey fall plus institutional interest dey rise. Traders warn say historical Q3 return average na only 6.5% since 2016, plus August–September dey underperform. If Ethereum break $4,000, about 817 million ETH shorts fit get squeeze, fit trigger plenty wahala surge. Analyst Wolf talk say e go be choppy build-up before any vertical movement, Tom Lee $16,000 ETH forecast still dey ground. Investors suppose watch market feeling, supply numbers and seasonal kasala make dem sabi if rally fit last.

ProShares don launch di Ultra CRCL ETF (ticker: CRCA), wey be 2× daily leveraged ETF wey dey give more exposure to Circle Internet Group stock. Circle na di issuer of USDC, di second-biggest stablecoin by market cap. Di shares of Circle don blow like nearly 400% since their IPO but dem loss over 25% for di last month. Trading start for August 6 for NYSE Arca with starting NAV $25 and expense ratio 1.08%. Dis margin-free leveraged ETF go allow traders wey dey bullish double dia daily gains on Circle stock without margin. But di compounding effects fit make losses big pass when market dey down. Traders suppose use proper risk management and clear exit plans. Di product na sign say institutional people dey more interested for structured crypto-linked instruments and e dey widen regulated digital-asset offerings.

Since early 2024, hackers don dey hijack old YouTube accounts to deploy YouTube scam bots wey dey promote fake trading tools, wey help widespread crypto scam with malicious smart contracts. The YouTube scam bots dey use AI-generated videos, code snippets plus fake testimonials to guide victims make dem fund these contracts with at least 0.5 ETH, but attacker-controlled wallets na dem go drain the deposits. Analysis show say scam wallets dey hold between 4.19 and 244.9 ETH, with over 256 ETH don already thief. SentinelLABS warn traders make dem verify contract sources, audit code inputs and outputs, plus avoid get-rich-quick schemes from social media or influencer videos.

US prosecutors don file one sentencing memo for Seattle federal court wey dem dey beg make dem give ten-year jail term to HashFlare co-founders Sergei Potapenko and Ivan Turogin after dem plead guilty for 2024 say dem conspire to do telecom fraud. Authorities talk say the $577 million cloud-mining service na classic crypto Ponzi scheme wey cheat about 440,000 customers of like $300 million. The founders talk say dem cooperate with investigators, dem serve 16 months detention for Estonia and dem talk say later crypto price rise make investors fit withdraw $2.3 billion, wey pass well well the $487 million wey dem start contract with. Dem set hearing for August 14 before Judge Robert Lasnik. The case show how US dey watch cross-border crypto mining platforms well well, and e fit affect how dem go dey do enforcement for future.

CoinJar don release big platform upgrade wey go make am easy for crypto traders to manage their portfolio. New Portfolio View go track asset values over time, no need for any external spreadsheet again. Consolidated Balances Overview dey show cash and crypto holdings inside Bundles and Exchange. Users fit check trades, deposits plus other account events inside Recent Activity section wey dey seven days. Recurring Buys screen allow one-stop management of dollar-cost averaging schedules. Real-time Available Balances go show how much money you fit spend after reserved amount. Performance don improve reach 50% faster for web and mobile. Global UI refresh don give cleaner navigation. CoinJar News don join home screen so you fit get market updates and insights. Features wey dey come include profit and loss tracking plus dark mode for better user experience.

China Ministry of State Security don yan warn say Worldcoin iris-scan data collection dey chook people privacy plus security waka for gbege. Di MSS yan for WeChat say Worldcoin wey Tools for Humanity dey run, dey use Orb device dey scan iris, dem dey give WLD tokens, plus dem dey carry unique biometric data take go abroad. Di project don already face stop from regulators for Indonesia and Kenya, plus GDPR investigation for Europe. Traders suppose dey watch as China fit bring regulatory gbege, cos e fit cause trading restrictions and e fit affect how people dey feel about WLD market.

Derive.xyz talk say crypto options trade don increase as investors dey rush go buy put options to protect demself from downside risk after last month rally cool down. For August 29 expiry, BTC put open interest pass call almost 5×, half dey for $95k strike. ETH put open interest pass call by over 10%, dem concentrate for $3,200, $3,000 and $2,200 strikes. Spot BTC and ETH don drop 3.4% and 5.4% week-on-week to $114,484 and $3,654. The 30-day skew for both don flip to –2%, mean say demand dey for downside protection. Implied volatility be 35% for BTC, 65% for ETH. Derive probability model give 25% chance say ETH go fall below $3,000 and 18% chance say BTC go try test $100,000 again before month end. These crypto options strategies show say traders dey cautious because Fed still dey uncertain.

Indonesia beta crypto community, Bitcoin Indonesia, don propose to Vice President Gibran Rakabuming Raka make dem go build national Bitcoin reserves through big scale renewable energy mining. The plan use extra geothermal and hydroelectric power to do Bitcoin mining wey dem fit sustain. People wey support am talk say this plan go help government make better money, create jobs for tech and energy sectors, plus make economy strong well well. The proposal still talk say make dem do full Bitcoin education program, wey go get university courses, public awareness campaigns, and developer training. For the other side, Brazil House of Representatives go hold public hearing on August 20 to discuss bill wey go allow up to 5% of national treasury fund—about $15 billion—go into Bitcoin reserves. Vice President Alckmin support this bill and e involve six main institutions, including the central bank and finance ministry. This kain move na part of global trend as countries like US, Ukraine, Bhutan, and Kazakhstan dey try Bitcoin reserves to protect their money from inflation and fix their financial system.

On August 7, PancakeSwap launch on-chain stock perpetual contracts; e dey enable DeFi traders to speculate for major U.S. stocks—Apple (AAPL), Amazon (AMZN) and Tesla (TSLA)—with leverage up to 25×. These contracts no dey expire and dem settle in cryptocurrency, e no need intermediaries, KYC or brokerage accounts. Users fit go long or short directly from their crypto wallets during U.S. market hours. PancakeSwap new stock perpetual contracts dey broaden access to U.S. equities globally and e dey diversify e DeFi derivatives beyond cryptocurrencies. Tokenized stocks and perpetual swaps show how decentralized finance and traditional markets dey come together. Traders suppose sabi say e get high risk: bad price moves fit cause full liquidations, and short positions fit lose pass initial margin. This launch go boost PancakeSwap liquidity and trading volume, and e go strengthen e position for DeFi derivatives.

BDACS, wey be top digital asset custodian for South Korea, don launch regulated institutional-grade XRP custody wit partnership wit Ripple. Dis new service wey dem build on top Ripple Custody infrastructure, dey offer secure storage for XRP plus support for RLUSD stablecoin, wey connect wit big local exchanges like Upbit, Coinone and Korbit. E align wit South Korean Financial Services Commission roadmap, dis move dey address the rising demand from institutions and e dey pave way for tokenization and on-chain settlements for inside Busan Blockchain Free Zone. BDACS officials still dey look partnership wit Avalanche (AVAX) and Polymesh to expand tokenized asset services. Dis expansion go boost market confidence and position Korean institutions to take advantage of the projected $16 trillion global digital asset storage opportunity by 2030.

TAO Synergies, wey be Nasdaq-listed digital asset vault wey before dem dey call Synaptogenix, don build im treasury wey get 42,111 TAO-token for di Bittensor network through buying and active staking. For July, TAO Synergies put $10 million buy 29,899 TAO at average price of $334 per token, make their position strong as di biggest publicly traded Bittensor treasury. With support from BitGo custody and staking infrastructure, di company go continue dey accumulate TAO to boost staking revenue and make network security strong. Bittensor market capitalization dey near $3.3 billion and TAO dey trade around $345, TAO Synergies dey aim to push token appreciation and shareholder value. Another big holder, xTAO, get 41,538 TAO for July, which show say institutional interest for decentralized AI assets dey grow.

Roman Storm, wey be co-founder for Tornado Cash, dem convict am on August 6 for conspiracy to run unlicensed money transmitting service, na im be di first US conviction for Tornado Cash case. Di jury no fit agree on di charges of conspiracy to do money laundering and breaching North Korea sanctions, so dem clear am for dem charges. Him fit risk five years prison for sentencing hearing later dis year. Di prosecutors apply to revoke im $10 million crypto-backed bail but Judge Katherine Polk Failla reject am because Storm dey comply and get US family ties. Supporters don raise more than $3 million to defend am, wey show say di industry dey split on DeFi privacy tools. Dis mixed verdict show say regulators dey watch decentralized finance (DeFi) platforms and privacy mixers waka serious. US authorities talk say Tornado Cash dey help money laundering, but supporters warn say too much regulation fit kill innovation and user privacy. Traders suppose dey watch how compliance rules go be for DeFi protocols and how enforcement dey change, especially for Tornado Cash and privacy-focused tokens. For short term, di verdict fit make people no too like privacy coins, but e clear di legal risk for mixer services. For long term, e fit bring new DeFi regulations or strong enforcement actions. Crypto traders go need watch DOJ retrial decisions and new regulatory frameworks wey fit change market structure and trading ways.

MetaMask and Stripe don join hand launch mmUSD, one stablecoin wey pegged to US dollar, e dey use Stripe financial system and Stripe Bridge. mmUSD dey off-chain for M⁰ network, e wan make transactions quick, scalable, and get plenty liquidity. E join inside MetaMask wallet wey get pass 30 million users, mmUSD fit do altcoin swaps, DeFi lending, plus yield farming with Aave v3 pools for Ethereum and Linea. mmUSD want compete with top stablecoins like USDC and USDT for the $250 billion market. E get on-chain regulatory compliance, fiat on-ramps, small volatility and Seed Vault security. With framework like GENIUS Act, mmUSD dey make digital dollar strong, plus boost merchant payments and DeFi spread.

Smarter Web Company wey dey trade for UK don release $21 million Bitcoin bond through dia Smarter Convert finance tool. Dis interest-free, Bitcoin-based convertible bond na French asset manager TOBAM buy complete for three funds wey dem dey manage. Investors fit change to shares with 5% more than the reference price; if the share price rise 50% pass the conversion price for long time, dem go force conversion. The 12-month bond get 98% refund guarantee for Bitcoin, and dem go adjust payment according to BTC price when e reach maturity. Dis first Bitcoin bond for UK dey help Smarter Web secure growth money without immediate dilution of shares and e go boost their Bitcoin reserves by about 30% of their cash wey dem hold, now over 2,050 BTC. This issuance fit be the example for future crypto-related company finance.

Binance futures volume hit $2.55 trillion for July, push global crypto derivatives volume to six-month high and dey represent over 50% of all CEX futures action. Competitors OKX and Bybit record $1.09 trillion (25% market share) and $929 billion (20%) respectively. Daily Binance futures trades climb to $134 billion on July 18, with $82 billion average; Bitcoin futures open interest rise to $88 billion mid-month, before fall back to $79 billion. Late July sell-off cause $1.5 billion liquidation and push BTC funding rates into negative, show say market dey bearish. Meanwhile, Binance monthly active addresses drop 57.5%, from 800,000 in June down to 340,000 by August, and overall crypto market cap fall from $4 trillion to $3.7 trillion. The sharp rise in Binance futures volume and high open interest hint say market volatility fit increase. Traders suppose watch BTC funding rates, leverage levels, and user activity when them dey assess short- and medium-term Bitcoin positions.

MEXC Ventures don lead one big strategic investment of US$200 million for Triv, di oldest fully licensed crypto exchange for Indonesia, weh dem value am at US$200 million. Triv been dey since 2015, e get over 3 million users and e dey offer more than 1,000 crypto assets like BTC, ETH, USDT pairs plus futures trading and staking products. Di exchange get approval from both OJK and BAPPEBTI, weh make am trusted and transparent. With dis partnership, MEXC Ventures wan help improve Triv liquidity, make more coin offerings and bring new trading products for both new and experienced traders. Leo Zhao, Investment Director for MEXC Ventures, talk say backing Triv go speed up crypto adoption for Indonesia and make market strong. This investment dey inline with MEXC Ventures long term plan to support regulated, fast growing projects and expand for Southeast Asia. Traders fit expect better trading depth and more tokens access for Triv. Dis move go make competition hot among regional exchanges and fit boost Indonesian crypto market.

Crypto lenders dey face tighter rules after one big SEC settlement. MyConstant founder Huynh Tran Quang Duy agree to pay $10.5M for SEC settlement. E go return $8.3M, pay $1.5M for prejudgment interest, plus $750,000 civil penalty inside 14 days. MyConstant raise over $20M from 4,000 US investors for crypto loans wey get 6-10% yield. But, Duy waka use $415,000 for personal thing and put $11.9M inside TerraUSD (UST) through Anchor Protocol. When UST collapse for May 2022, near $8M customer money lost, wey make MyConstant shut down. One Fair Fund fit share recovered money to investors. This SEC settlement show how risky algorithmic stablecoins and crypto lending be and mean regulators go dey watch well well.

Bitwise CIO Matt Hougan yarn say SEC crypto turn under Chair Paul Atkins no dey for market price well. For one July talk, Atkins talk pro-crypto plan to join blockchain, start super apps wey go mix trading and payments, plus clear rules through Project Crypto. Since Trump win election and Gary Gensler waka, Bitcoin plus other tokens don rally. Hougan talk say Atkins speech na the most gbedu crypto document wey e don read. E talk say market never put for head say enforcement actions don stop and rules don clear, e predict 10x–100x growth for DeFi and trillions dollar gain for platform like Coinbase and Robinhood. Traders make dem check portfolio again and increase digital asset share before more gains wey dis SEC crypto turn go bring.

Bitcoin ETFs don record net outflows for di fourth day straight on August 5, dem lose $196.2 million. Fidelity’s FBTC lead with $99.1 million wey dem withdraw, followed by BlackRock’s IBIT ($77.4 million) and Grayscale’s GBTC ($19.7 million). Even though ETF dem dey sell, institutional investors no waste time, dem buy the dip, adding about 630 BTC (around $70 million) same day, including UK-based Vaultz Capital wey buy 47.85 BTC. Bitcoin dey trade near $114,000 as press time be, down from im July peak of $123,100. Market analysts dey divided for short-term outlook: Fundstrat’s Tom Lee still dey hold $250,000 target for 2025, Bitwise’s Matt Hougan talk say 2026 breakout go happen because more people go dey use am, while Arthur Hayes dey warn say e fit drop to $100,000 because of macroeconomic wahala before e start rise again. Trading volatility fit increase because net outflows dey put pressure for sell, but ongoing institutional demand and long-term bullish sentiment fit show better buying opportunity. Traders suppose watch Bitcoin ETF flows, institutional buying data, and market indicators well for when to enter and exit.

Three listed companies—Bit Mining, Upexi and DeFi Development—dem don grow their Solana (SOL) holdings well well to capture Solana staking rewards and make network infrastructure strong. Bit Mining buy 27,191 SOL ($4.5M) come launch their own validator, while Upexi increase their stake from 735,692 SOL to over 2 million SOL for July, dey dey get like 8% yearly yield (~$65K daily). DeFi Development add 110,466 SOL, bring im total to over 1.2 million SOL for multi-validator staking. Together, these top four corporate holders dey hold over 3.5 million SOL—0.65% of circulation supply—value reach $591 million. BitGo talk say this trend na because institutional pipo dey diversify pass Bitcoin, with companies raise over $500 million to fund Solana reserves and ecosystem infrastructure. Dis surge for Solana staking fit make supply tight and network security better, e mean say SOL traders get good chance to gain.

Indoneshia Bitcoin Indonesia group don propose national Bitcoin reserve reach Vice President Gibran Rakabuming Raka office. Di Bitcoin reserve plan base on Bitcoin mining wey dem dey power wit hydropower and geothermal energy. E also get nationwide Bitcoin education program to promote crypto adoption. Di proposal mention Michael Saylor price forecast of US$13 million per BTC for base case and US$49 million for bull case come 2045. Indoneshia stable fiscal background, wit 39% debt-to-GDP ratio and 0.76% inflation, support to use Bitcoin as hedge against future risks. Officials also check recent crypto regulation and tax policy. Crypto trading still legal but payments in crypto banned. Income tax on local trades double to 0.21%, foreign trades now tax at 1%, and VAT on mining increase to 2.2%. Dis discussions show say crypto regulation dey grow and long term economic planning dey happen for Indoneshia.

Pepeto na be new memecoin wey dey combine viral appeal with real blockchain utility don raise $5.9 million for im Stage 6 presale for $0.000000145 per token. E get support from over 100,000 community members and e don get audit from SolidProof and Coinsult. Di project get correct tokenomics: 30% presale, 30% staking reward wey fit give you up to 255% APY, 12.5% liquidity, and 27.5% for marketing and development. Unlike many meme tokens, Pepeto launch PepetoSwap, zero-fee trading platform, plus cross-chain bridge to fight high fees and fragmented liquidity. Right now, Pepeto dey do advanced talk to list for Binance in five months, weh fit boost trading volume and visibility well well. Analysts dey predict say market cap fit reach $1 billion, meaning gains fit reach 6,900× if token price hit $0.001. Traders fit join di memecoin presale by swapping ETH, USDT or BNB for the official site, making Pepeto one kain high-reward opportunity for memecoin sector.

MEXC Ventures don get one kind stake we dem no talk the size for Indonesia Triv Exchange, we value the platform reach $200 million. This investment na important step for MEXC Ventures to expand their crypto business for Southeast Asia. Triv Exchange wey dem start for 2015 and regulated by Indonesia OJK and BAPPEBTI dey serve over 3 million users and get trading pairs like BTC, ETH and USDT plus memecoins and US stock products. The money go increase how easy e go buy and sell, expand product line and upgrade infrastructure, make dem fit bring new financial services through CryptoWave Media. Recent regulation changes like removal of VAT on crypto buying and changes to mining and trading fees help Indonesia crypto trading volume pass IDR 650 trillion (~$40 billion) for 2023. Analysts talk say this deal na good sign for Indonesia crypto market, e fit attract more global companies and make Southeast Asia beta as big crypto hub.

For one staff statement, di U.S. Securities and Exchange Commission (SEC) talk say liquid staking activities and di tokens wey connect to am no be securities offerings under di Securities Act of 1933 or di Securities Exchange Act of 1934. Dis guidance reduce wahala wey dey for regulation for proof-of-stake networks and staking service providers, after firms like Jito Labs, VanEck, Bitwise Investments and MultiCoin Capital talk for planned Solana ETPs. SEC Chair Paul Atkins talk say dis clarification na big step for Project Crypto wey dey try make crypto regulation beta, but e warn say e no be binding. Traders suppose dey watch how DeFi platforms wey dey offer liquid staking derivatives go take respond, because clear legal boundary fit make demand for popular tokens rise and fit change DeFi strategies. Dis katakata approach fit encourage better innovation and make more people join liquid staking market.

Bitcoin veteran Robert Kiyosaki dey warn say the historical “August Curse” dey happen, as BTC don fall for eight out of the last 12 Augusts with median dip of 7.5%. E dey eye to buy-the-dip below $90,000 and e plan to increase im holdings from 73 BTC to 100 BTC by year-end if dem break that level. Bitcoin trade around $112,000–$114,000 for early August and e dey face resistance at $115,000; analysts talk say if e break above $115,000, e fit move go $118,000, but if e drop below $110,000, dat one fit trigger more pullbacks. Kiyosaki frame Bitcoin, gold and silver as crisis hedge against U.S. debt and Fed policy risks, and e get long-term BTC target of $250,000 by 2025 and e see near-term fear as better chance to buy.

Dreamcash don open invite-only waitlist for their new crypto trading platform wey join Hyperliquid infrastructure (wey get over $10 billion daily volume) for deep liquidity plus institutional-grade execution. Dem plan make the platform, wey be mobile-first, launch for September 2025. E get frictionless, zero-KYC onboarding. The crypto trading platform dey combine AI-driven market analysis, delta-neutral yield strategies, plus automated ones to make wealth building easy for everybody. E get social-style interface wey give professional tools and sharp insights. Early adopters go dey earn points wen dem engage and refer friends. Dreamcash go dey give invitations steady for dreamcash.xyz, dey gather feedback before full launch. Traders fit expect better portfolio management and better market access.