Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum Exit Queue don surge reach record 808,880 ETH wey don lock for unstaking, wey don cause 14 days delay. Di entry queue get 374,136 ETH wey get 6 days wait. Traders talk say di rise for Ethereum Exit Queue and di delay for unstaking be because profit-taking as price dey near all-time high, Justin Sun withdraw $600 million worth ETH from Aave, and Lido stETH loop unwind after 0.3% depeg. High borrowing cost and deleveraging on liquid staking tokens like stETH still dey push more exits. Meanwhile, SEC decision for May say staking tokens no be securities don make people get hope for ETH staking ETFs. Short-term network congestion fit increase selling pressure, but possible ETF launch fit help support long-term staking demand. Traders suppose dey observe Ethereum Exit Queue, DeFi liquidity shifts, and ETF developments to sabi market liquidity and price trends.

Bitcoin Cash price dey trade for tight $580–$640 range after e reach $607 for July 27 and drop go $517 before buyers come in. For August 11, BCH price small time cross above $632 but e con pull back near $630 resistance. Technical indicators dey mixed: weekly moving averages balance, e mean say trend sideway, plus 21-day SMA still dey above 50-day SMA, which mean say e get some strong bullish momentum. BCH price don enter overbought area after e test $640 zone. Main resistance levels dey for $600, $630 and $650, while support dey for $580, $500 and $450. If e fit break above $630 well well, e fit push Bitcoin Cash go near e April 2025 high wey be $701. But if e no fit pass dis level, BCH go remain dey range between $580 and $630. Traders suppose dey watch whether BCH price go fit hold above 21-day SMA to continue e uptrend, or if e fall under key moving averages, e get risk say e go still fall more.

Estonian banker Rain Lõhmus don loss di private key for him cold wallet wey hold 250,000 ETH permanently—wey e buy for $75,000 during Ethereum presale for 2014. On-chain data from Arkham Intelligence show say no serious transfer don happen since e get di ETH, so roughly $1.2B worth ETH for current price (~$4,700/ETH) don lost for good. Lõhmus yan say e dey forget password often and no fit recover di lost private key. Dis incident show how e dey important to secure private key well well and follow beta self-custody practice. Traders suppose backup dem seed phrase for plenty safe places, use hardware wallet, and always test recovery steps. As Ethereum still dey support DeFi and NFTs, this case remind us say if you lose private key access, you fit for lose plenty crypto stash forever.

Mutuum Finance (MUTM) dey for Phase 6 of their presale for $0.035 per token, dem don raise pass $14.3 million from more than 15,200 holders. Dem build am on top Ethereum Layer-2 scaling, the protocol dey deliver near-instant, low-cost transactions for their decentralized DeFi lending platform, wey allow users to lock ETH as collateral to mint one fully backed stablecoin. One recent CertiK audit (Token Scan 95, Skynet 78) dey boost confidence ahead of Phase 7 wey go increase price by 15% to $0.04. Since dem don sell only 17% of the presale, early investors fit see paper gains of over 130%, and $4 price target by 2027 show say multi-million-dollar returns dey possible. Di roadmap get beta launch with live lending, staking, and liquidation mechanics; mainnet launch and exchange listings on Binance, KuCoin, and Kraken; plus buy-and-distribute tokenomics model wey go repurchase tokens for staking rewards.

Ethereum climb over 15% for three days, pass $4,000 afta US executive order allow 401(k) plans to plus cryptocurrencies. Dis move open mainstream retirement capital to Ethereum and draw institution interest. Meanwhile, Fundamental Global don register $5 billion SEC shelf to fund big ETH buys. Dis two catalysts don drive bullish run, with experts dey forecast say altcoin season dey come. Among potential winners, Best Wallet Token (BEST) don raise over $14.5 million for presale at $0.025455 per token. BEST dey power one self-custodial, multi-chain wallet platform wey get integrated presale access, governance rights and staking yields reach 92% APY. Analysts predict say BEST fit reach $0.62 by 2026. Traders suppose dey watch Ethereum support levels for entry points and check BEST presale chances, while dem dey do due diligence and manage market wahala.

Garantex, wen dem OFAC for US Treasury label am for 2022 afta e process di over $100 million for bad transactions an handle at least $96 billion from 2019 reach March 2025, e start new platforms Grinex an Meer for December 2024 sharp sharp. Weeks before US, German and Finnish dem come join hands to seize Garantex infrastructure for March 2025, di exchange move users assets go di ruble pegged stablecoin A7A5 to avoid asset freeze. After di crackdown, trading volume for Meer wey list A7A5 come increase well well. TRM Labs report dey warn say opaque fiat pegged tokens and dem contingency plan fit help people avoid sanctions. Crypto traders suppose dey watch governance transparency of non-public stablecoins like A7A5 an dey look out for successor exchanges to manage compliance risks an possible market wahala.

Citigroup dey evaluate stablecoin custody plus Bitcoin ETF services as dem respond to di GENIUS Act wey talk say make all reserve full. Di head of Global Partnerships, Biswarup Chatterjee talk say stablecoin custody na top priority, make e sure sey e get US Treasuries or cash support. Di bank wan offer digital asset custody for Bitcoin ETFs, wey go challenge Coinbase market control, plus dem wan expand blockchain-based Tokenized USD Payments corridor between New York, London, and Hong Kong. Citi go allow quick on-chain stablecoin transfers and conversion make settlement fast, everybody go fit dey do cross-border payment quick. All these moves go deepen Citigroup institutional crypto services as USA regulations dey clear, but di bank need hold strong AML and FX controls, plus strengthen operation security.

Nakamoto, wey Trump adviser David Bailey start, don merge wit healthcare company KindlyMD to create one Bitcoin treasury business wey dem list for Nasdaq under the ticker NAKA. David Bailey go be CEO and chairman, while former KindlyMD CEO Tim Pickett go be chief medical officer. Di combined company wan gather 1 million BTC, to become one of di top Bitcoin treasury holders. After di shares rally reach three-digit since May 12, NAKA shares jump 13.4% becos of di merger news. Di company get only 21 BTC for balance sheet but e go use $540 million from recent PIPE financing to buy about 4,544 BTC and e dey plan to finish $200 million convertible note offering. New board dey include Eric Weiss, Mark Yusco, Greg Xethalis and Perianna Boring. Dis move dey mirror wetin big institutions like MicroStrategy, BlackRock and Fidelity dey do, showing say Bitcoin adoption get better future.

Circle dey offer share for $130 each for NYSE under ticker wey dem call CRCL. The deal cover 10 million shares plus 30-day option to buy 1.5 million more, e go bring $1.3 billion gross proceeds from this capital raise. Circle go use the money to make their balance sheet strong, help USDC grow well well, and take care of general company matters. This Circle share offer show say market still get confidence for USDC growth but e fit cause dilution wahala for old shareholders. Traders suppose dey watch how CRCL shares dey do, the volume and how e fit get shakara as the offer go close for May 15, 2024.

Crypto Price Analysis: For di past two weeks, big altcoins don dey rush their rallies. At first, Ethereum climb 6% come close to $4,000 resistance with strong buy volumes; e rally come beta to 19% weekly gain, e dey trade nearly 4% near e all-time high of $4,868. If ETH fit turn $4,900–$5,000 to support, di bulls fit set target for $6,000, $7,000 and even $9,000–$10,000 as dem dey do price discovery. Ripple begin sharp 12% from $3 to $3.4 because of bullish MACD cross but later e perform less, e drop 6% from $3.2 resistance and e dey steady just above $3 as traders dey wait new momentum. Cardano break over $0.77 after 8% gain and then power up 20% reach $1, e dey eye $1.30 and $1.50 as next obstacles. Solana turn for $155 for 3% rise toward $185 before e extend gain to 13%, but e face two rejections at $200; main support na $186 with resistance at $200 and $227. Hyperliquid bounce from $35 hold $40, later rebound 20% to $48.5 near e $50 all-time high; if e break pass $50, e fit start run to $54, $60 and $66. This crypto price analysis show say major altcoins get growing bullish momentum, e fit mean say summer rally fit continue.

For August 14, 2025, di US Treasury Office of Foreign Assets Control (OFAC) don sanction the A7A5 ruble-backed token, di people wey issue am, Old Vector, plus Grinex and Garantex exchanges inside one sanction action wey dem use target Russian-linked crypto networks. OFAC sanctions na to stop people from dodging sanctions through crypto networks. A7A5 wey Old Vector from Kyrgyzstan issue and e get guarantee inside deposits for Promsvyazbank wey dem don sanction, don carry out over $51.17 billion na on-chain trading volume mainly for Tron (TRX) and Ethereum (ETH) networks during weekdays. After Garantex shut down for March, tokens wey dem burn for Garantex dem reissued am again to support liquidity for Grinex wey take in Garantex old users. One new centralized DEX wey dem just launch for A7A5-to-stablecoin swaps don move $1.46 billion, e dey make people fear say dem fit dey dodge sanctions through cross-border crypto rails. Dis move show how Russia dey try make crypto payments for cross-border transactions legal and e show compliance risks plus possible liquidity wahala for the A7A5 ruble-backed token.

Estonia banker Rain Lõhmus don lost forever access to im Ethereum wallet wey get 250,000 ETH (pass $1 billion) wey e buy for $75,000 during 2015 ICO. Ethereum wallet security depend fully on private keys, and since e password no fit recover, blockchain design no get reset or admin recovery. This one dey show like other big losses—6,000 BTC don lost with old keys and ex-Ripple CTO Stefan Thomas fail to unlock 7,002 BTC. Traders suppose take am as serious warning: strong crypto security like cold storage, encrypted backups plus clear recovery protocols dey important to reduce operational risk and protect digital assets.

Police for Brazil don arrest four suspects for one high-profile Bitcoin kidnapping case after one retired teacher bin kidnapped for Recife on March 21. Criminals dey demand ransom of five BTC (≈R$3.3 million), hold the victim for gunpoint pass 12 hours before dem release am. Dem use fake number plates and social media surveillance track the victim routine. One Special Operations Group carry out arrest and search warrants for Greater Recife and Rio Grande do Norte. Two female suspects collect the Bitcoin ransom, show the wahala to trace money for anonymous blockchain transactions. Charges na extortion and money laundering. This Bitcoin kidnapping dey show say crypto crime dey increase and investor safety measures need strong protection. Traders suppose dey alert by protecting private data, use cold wallets, and enable two-factor authentication to reduce risk for digital assets.

Dis crypto options expiry dis Friday go see $6.1 billion worth Bitcoin and Ethereum contracts expire inside Deribit. Bitcoin options be about 40,000 contracts wey value $4.8 billion, with put/call ratio of 0.90 and peak open interest for di $140,000 and $120,000 strikes. Ethereum options na around 287,000 contracts worth $1.3 billion, put/call ratio 1.0 and max pain near $3,600. Spot markets rise reach record $4.25 trillion cap, wey get support from one-day Deribit volume of $10.9 billion plus Binance futures volume of $2.55 trillion for July. After di expiry, total market capitalization drop 4% go $4.1 trillion as BTC fall below $118,000 and ETH slide under $4,500 before some recovery. Dis crypto options expiry event show balanced flows and profit taking, wey mean neutral impact for near-term price trends and still dey give liquidity events for active traders.

Mawari Network, wey Mawari and Caldera launch, na decentralized physical infrastructure network (DePIN) for real-time AI-powered 3D and XR streaming. The network de use global distributed GPU node network plus patented spatial streaming technology to reduce bandwidth use by 80% and give low-latency AR/VR experience everywhere. Caldera high-throughput modular rollup dey anchor on-chain QoS attestations—wey dey track latency, jitter, dropped frames and frame accuracy—to improve transparency, node reputation and reward distribution. Early access partners na top Japan VTuber agencies Brave Group and Virtual Avex, wey dey showcase vTubeXR product for Expo 2025 Osaka. E compatible with Unity and Unreal Engine, the network use edge computing nodes near end-users for heavy rendering. The DePIN model allow any GPU operator to join plus earn rewards, tapping into XR market wey fit get over 100 million devices. Dis launch bridge XR with Web3 and fit drive demand for Caldera’s interoperability rollup, putting Mawari Network as important blockchain infrastructure for immersive streaming.

Swiss supermarket chain Spar don roll out gas-free crypto payments through Binance Pay and DFX.swiss for 300 stores nationwide. Customers fit scan QR code for checkout to pay with Bitcoin, Ethereum or more than 100 crypto assets. DFX.swiss dey convert transactions sharp sharp to Swiss francs, reduce merchant fees by two-thirds compared to card payments and e dey protect merchants from volatility. This crypto payment expansion come after one successful pilot for Zug in April 2023 and e dey build on Switzerland crypto-friendly regulatory environment, wey Lugano dey accept BTC and USDT for city services and over 1,000 crypto-enabled merchants nationwide. Spar MD André Scherrer talk say the solution na “the future of retail payments,” and Binance regional director Jonas Juenger talk say this rollout mark change from niche experiments to mainstream daily crypto use.

Platform tokens don deliver big returns because of token burn programs since 2021. Exchanges like Binance (BNB), Huobi (HT), OKX (OKB) and FTX (FTT) burn billions, wey make BNB price waka from $37 reach $690 and push OKB and HT price nearly ten times. FTT burn dey push gains until e collapse for 2022. For 2025, token burns still dey important but ecosystem development dey more important. OKX burn 65.25M OKB one time lock total supply for 21M and e make price rally 186%. BNB don waka from $250 reach over $800 because of Binance Alpha IDO portal, Maxwell upgrade, and institutional adoption. BGB dey change into dual CEX–chain ecosystem through Bitget exchange incentives and Bitget Chain development. Traders suppose dey watch upcoming token burn events, L2 launches, licensing milestones and ecosystem metrics. Di change from pure supply cuts to integrated ecosystem strategies dey show good future for platform tokens.

According to Arkham Intelligence, SpaceX don hold over $1 billion worth of Bitcoin wey dey on-chain, dem get 8,285 BTC wey dem buy between December 2020 and June 2022. Analysts talk say the recent internal transfer of 1,308 BTC no be sale, e mean say SpaceX never add any new Bitcoin since dem sell 70 percent of their holding in 2022. Bitcoin price rise reach almost $124,000 before e drop below $119,000 after US Treasury talk. Tesla still dey hold 11,509 BTC, so the combined Bitcoin wey the two Musk-connected companies get na around $2.42 billion. Traders dey observe say macroeconomic trends and on-chain flows go direct the next movements of Bitcoin.

Mysten Labs don appoint Mustafa Al Niama wey be ex-Goldman Sachs digital assets head as their new Head of Capital Markets to make asset tokenization for Sui network fast. Mustafa get over 15 years experience for traditional finance and crypto asset management. E lead Goldman US digital assets team and advise CFTC Global Markets Advisory Committee before. Him go focus on tokenization of real-world assets, better collateral mobility, and partnership with big financial institutions to encourage institutional adoption. With clearer US regulations like GENIUS Act for stablecoin integration, Mysten Labs wan use Mustafa’s expertise to deliver quick, cheap Sui transfers, improve enterprise-grade asset tokenization, and make regulatory collaboration strong.

Web3 gaming money dem jump 94% from month to month reach $60 million for July, comot three months slump but still no reach March wey hit $69 million, na DappRadar talk. Daily active wallets for blockchain games rise 2% to 4.9 million, show say only sector users don grow. Investors don dey target projects wey get better team, strong IP and fit scale infrastructure. Money priority don change go fun-first games wey get option for blockchain features, strong back-end stack—wallets, AI tools, cross-chain systems—and tokenomics wey fit last. Small studios wey no get traction dey face join or change way. Analysts dey talk say fewer but strong, brand-driven, cross-platform releases dey come, dem dey aim normal people. The shift from hype-driven “Axie killers” to good gameplay and strong token models show market don mature, e put funded studios well for growth when macro conditions fine around 2026. This rise for Web3 gaming funding show say investors believe blockchain games well well.

By mid-August 2025, BlackRock’s iShares Bitcoin Trust (IBIT) don jump go record $91.06 billion for assets dem dey manage (AUM). The Bitcoin ETF don pull $58 billion total net inflows since e start for January 2024, now e represent 3.72% of the circulating BTC. IBIT na still dey lead the US market, pass Fidelity’s FBTC ($24.77 billion) and Grayscale’s GBTC ($22.18 billion). Strong institutional demand plus BlackRock brand trust don boost liquidity and market legit. But the growing ETF concentration and regulatory watch dey pose ongoing risk. Recent US Producer Price Index (PPI) data shock people as e go up. Bitcoin price drop from $124,000 to below $118,000, e cause over $1 billion crypto liquidation, including $930 million leveraged BTC positions. Despite the wahala, Bitcoin ETF still get steady inflows, show say investors believe for long-term ETF plans. Traders suppose dey watch Bitcoin ETF AUM trend, fund flows and regulatory update. These metrics na important for portfolio strategy and to know how market balance hold up.

Perplexity AI dey prepare new funding round wey dem dey target $20 billion valuation to back im unsolicited $34.5 billion Chrome acquisition bid inside one US antitrust case. Perplexity AI rapid growth—wey dem begin get January 2024 with $520 million valuation reach $18 billion by July 2025—na due to $80 million annual recurring revenue plus 22 million monthly active users, beta plus the launch of im Comet AI browser. OpenAI, Apollo Global Management and Yahoo too dey eye Chrome acquisition, wey show say competition for browser market dey hot. Traders suppose note say Chrome vulnerability don help NFT game exploit and Binance account hacks through bad plugins, wey show security risk for Web3 users.

US Treasury Office of Foreign Assets Control (OFAC) don add more crypto sanctions to target di Russian-linked exchange Garantex, e successor Grinex, di ruble-backed A7A5 stablecoin and di affiliated entities plus executives dem. Garantex wey dem start for 2019 bin dey handle over $100 million for darknet and ransomware transactions before US, Germany and Finland authorities seize di domain and freeze $26 million for March. After Garantex close, Grinex come up, dey use Old Vector A7A5 wey Promsvyazbank and Moldovan politician Ilan Shor support to waka pass di sanctions. Blockchain analytics company Elliptic talk say A7A5 reach $1 billion daily volume by July, Chainalysis yarn say di total transactions na $51 billion. OFAC sanctions now dey include Old Vector, A7 LLC, A7 Agent, main executives Sergey Mendeleev, Aleksandr Mira Serda and Pavel Karavatsky, InDeFi Bank and Exved. This one cut off crypto channels wey people dey use do money laundering and dodging sanctions. Traders suppose dey watch dis increased regulatory scrutiny on stablecoins and exchanges make dem sabi say stricter crypto sanctions fit shift trading volumes and liquidity.

Toncoin price don hold for one horizontal trading range wey dey between about $2.60 and $3.60 since April, e begin tight reach $2.80–$3.60 for May. Toncoin price wey dey move above im 21-day and 50-day simple moving averages (SMAs) show say momentum dey strong, but anytime e try pass $3.60 resistance, e dey reject am because heavy sellers dey, na so long candle wicks dey show am. For short time frame, anytime e drop below both SMAs, e still hold ground for $3.10 wey be low inside the range. Immediate support dey for $3.50, $3.00 and $2.50, major resistance dey go reach $4.00, $4.50 and $5.00. As of now, buyers and sellers de balance well, e look like neutral as traders dey wait sharp break pass 21-day SMA and $3.60 barrier. To spot breakout or extended consolidation, e go important to check volume shifts alongside SMA.

Insiders for Circle go fit sell 10 million shares wey worth $1.4B, just 2 months after the stablecoin issuer do im IPO for June. The offer get 8 million shares from early investors, including CEO Jeremy Allaire, plus 2 million from Circle itself. JPMorgan commot im normal lock-up dem so the two-day market sale fit happen, wey oversubscribed and pass Circle original IPO proceeds. Since the IPO, Circle stock price don increase 349%, peak at $298.99 and still dey above the original level even wit small pullback wey happen recently. Experts talk say the insider sale na rational cash-in wey no go affect market too much. The high volume trading wey happen for the past two months show say short-term price pressure limited, and analysts no see this Circle share sale as sign say the company get fundamental wahala.

Robinhood see dia total platform assets hit $298 billion for end-July, up 106% year-on-year, supported by $6.4 billion net deposits—42% yearly gain—and 26.7 million funded accounts after adding 2.5 million users. Crypto trading volume for Robinhood app rocket 217% month-to-month to $16.8 billion, join together with Bitstamp wey July volume up 78%, make combined volume be $28.7 billion. Bitcoin near $122,000 and Ethereum price wey dey high pass old record motivate retail people. Crypto now dey make bigger share for Robinhood transaction revenue. The company increase average revenue per user through securities lending and new products. To reduce USA market dependence, Robinhood go expand to international later this year with early sign-ups wey show say growth dey come.

BtcTurk hack wey dem detect for August 14 sign $48 million wey dey unusual outflow from hot wallets for Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle and Polygon. Di attackers gather di moni for two addresses before dem swap am to ETH thru DEX liquidity pools. As reply, BtcTurk stop cryptocurrency deposit and withdrawal from hot wallets but dem still dey do spot trading and Turkish-lira operations. Security teams and chain-analysis firms dey track cross-chain transfers for real time to find mixer or exchange on-ramps and freeze di stolen assets. Traders dem advised to follow official BtcTurk announcements, make dem no click unverified links, and make dem think to move long-term holdings go cold storage to reduce future risks.

MicroStrategy Executive Chairman Michael Saylor tok Fox Business say Wall Street dey undervalue Bitcoin potential as corporate treasury asset. E talk say Bitcoin don deliver average annualized returns pass 50%, while companies wey dey hold US Treasuries fit dey behind by about 10% every year. Saylor argue say companies wey adopt “Bitcoin standard” fit out-perform S&P 500 by around 40% annually. Using MicroStrategy own heavy Bitcoin investments as proof, Saylor point out say traditional valuation models no dey consider strategic value of digital assets. E mention key barriers for bigger adoption—regulatory wahala, lack of blockchain skills, and risk fear—but say momentum dey build as more firms dey explore Bitcoin for treasury management. Saylor also talk about recent US law, like Genius Act, plus expected regulatory clarity wey fit push institutional adoption. E warn say wider crypto sectors—DeFi, NFTs, and Web3—still dey judged unfairly by short-term metrics but get long-term disruptive potential. Traders suppose watch institutional flows into Bitcoin and rise of corporate Bitcoin standards as possible drivers for sustained market rally.

Google Play don drop new policy wey require all crypto wallet apps for 15 regions make dem get correct money service or banking license before dem fit list. For US, developers gats register as Money Services Businesses (MSB) with FinCEN and run AML, KYC and CTF measures; for EU, wallets gats get MiCA Crypto Asset Service Provider (CASP) license. The policy first no separate custodial and non-custodial wallets—dem ignore say FinCEN talk say non-custodial wallets no be money transmitters—so developers vex because compliance cost high and privacy matter. Google come later clear say non-custodial wallets go exempt and promise to update the policy again. Dis move dey try protect users and clear all unregistered apps based on FATF standards, but developers talk say e fit kill innovation, reduce wallet variety and limit user choice for Play Store.