Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Circle don mint $250 million USDC to answer di rising demand for stablecoins from traders, DeFi platforms and institutions. According to Whale Alert, dis new USDC wey dem just issue dey add fresh liquidity to centralized exchanges and DeFi protocols. Dis boost dey support big trades with small slippage, e dey improve fiat on-ramps and cross-border transfers, plus e dey hold spot and derivatives markets gidigba. Because dem back am 1:1 wit U.S. dollar reserve, di expansion dey keep market confidence and peg stability. Big stablecoin supply increase before dey usually come wit more trading volume and DeFi participation. As regulators dem dey clear framework, e fit mean say USDC supply go grow more, making am more solid as liquidity backbone for crypto market.

Bitcoin kidnapping dey increase for 2025, wit at least one Bitcoiner dey abduct and extort every week for di Baltic Honeybadger conference wey dey Riga. Bad people dey use violence for “5-dollar wrench” attack to make victims give up their private keys. Di increase for Bitcoin price and media talk plus dis kain crime, wey dey target people wey get as low as $6,000 and e don cause killings for over $50,000. One main thing be say KYC data leak: more than 18 million identities, including 2.2 million home addresses, dey online from exchange breakdowns like Coinbase. Di attackers dey use dis data join with blockchain analysis to locate di victims. From random criminals to professional gangs, dis threat don rise especially for places like France. Experts dey warn say technology no go stop Bitcoin kidnapping alone. Dem recommend op-sec training, physical security checklist, non-custodial wallets, fund distribution and tools like Glok, one Nostr-based app wey fit send encrypted distress alerts. Di rise for Bitcoin kidnapping show say we need better crypto security and personal safety measures now.

XRP drop about 4% dat day wey Ripple settle im long legal wahala with SEC, even as di agreement confirm say XRP no be security. Traders use classic “buy di rumor, sell di news” strategy, lock dia gains after price spike before di settlement. XRP get mixed reaction as Ripple CTO David Schwartz mark di settlement on top X wit Monty Python reference, show say market sentiment mixed. SEC Chair Paul Atkins and Commissioner Hester Peirce signal say dem dey move toward clear regulation for digital assets, which Ripple legal team happy about. But plenti investors still dey cautious, dem prefer wait for detailed policy proposal. Until formal guideline drop, XRP and di wider altcoin market go still dey waka with wahala from profit-taking and changing sentiment.

Sequans Communications (NYSE: SQNS) don increase dia company treasury by buying 13 BTC for about $1.5 million, with average price of $117,012 per BTC (including fees). Dis move make Sequans total bitcoin holdings reach 3,171 BTC as of August 8, 2025, wey dey worth around $370 million and the average price dem take buy each BTC na $116,709. Dis kain crypto investment show say demand dey increase from big companies and fit make more companies dey buy bitcoin, wey go boost market demand and make bitcoin dey important for how dem dey manage company money.

Michael Saylor firm Strategy don add more Bitcoin dem get on July 29 by buying 21,021 BTC wey cost $2.46 billion, dat bring their total to 628,791 BTC wey worth pass $70 billion. To show say Bitcoin dey better pass gold, Saylor don release AI-generated pictures of himself as pop-culture icons—first as Tyler Durden from Fight Club, den as Indiana Jones wey get caption “I was looking for gold… and I found something better.” These viral pictures dey try make people believe say Bitcoin na better long-term store of value and make investors get confidence even wen market hard. Even though AI art dey cause wahala about copyright, Strategy dey transparent wella as dem talk exact details of their BTC buy and e show say companies still dey find Bitcoin as alternative to traditional assets.

For July, Ethereum futures volume for CME blow up 82% month-on-month to $118 billion, while open interest jump from $2.97 billion for June to $5.21 billion, CoinGlass data show. For all exchanges, global Ethereum futures turnover reach $2.12 trillion, up 38% year-on-year and 13% pass May 2021 record, with total open interest nearly reach new high of $36.3 billion by August 9. At the same time, ETH price break above $4,300, hit peak of $4,350 early August — 14% below November 2021 all-time high. Funding rates dey moderate, reduce leverage risks, and Google search interest for ETH don reach levels wey no don happen since June 2022. CryptoAppsy report ETH dey trade around $4,303, up 0.78% for 24 hours, 18.6% for one week and 45.5% for last month, show strong market momentum.

Bitcoin price dey show sign say e fit pause as Wyckoff distribution pattern dey, e mean say big holders fit dey offload their positions. Failure breakout for above $122,000 plus bearish RSI divergence show say momentum dey weak. Main support dey between $92,000 and $95,000; if dem break am, e fit trigger deeper markdown wey go target that zone. Traders go dey watch the $117,000–$117,500 CME futures gap, the 4H 200MA/EMA confluence, and the upcoming US CPI data for signs wey fit cause volatility. Risk management na important: set stop-loss near support and use any dip as chance to buy for long term. Altcoin rotation plans fit help if distribution confirmed.

Floki Valhalla, di Viking-themed play-to-earn MMORPG, don launch 60-day US TV campaign for Bloomberg, Fox Business, and CNBC. Dem go start show 30-second ads 350 times from August 9 for prime business hours, reach pass one billion household dem. This thing na part of three-month media push after Valhalla mainnet launch for June 30, wey go help blockchain gaming SEO, brand awareness, and token utility. The campaign get Times Square digital billboard takeover for Reuters 42nd Street, plus bi-monthly interviews for New To The Street, Bloomberg Television and Fox Business, and digital content for New To The Street 3.16 million YouTube subscribers. Investor outreach include broker meet-and-greet, New York City retail events plus virtual presentations for family offices. With dynamic hexagonal battlefields and player-driven economy, Valhalla wan attract new gamers and investors while e dey consolidate e position for metaverse. The utility token FLOKI, wey get over 550,000 holders, go benefit from better visibility and engagement.

Upbit don announce say on August 12, dem go list CYBER token, launch KRW/CYBER plus USDT/CYBER trading pairs. Deposits open before the launch so traders fit secure CYBER tokens plus prepare orders beforehand. This altcoin wey dey Ethereum network na to make Upbit token offerings diversify, increase liquidity for fiat and stablecoin markets, plus support CYBER project growth.

Ethereum don break out from four-year consolidation, don climb pass $4,000 as spot ETH ETFs attract record $1.02 billion institutional inflows for August 11. The ETF-driven supply tightness confirm ascending triangle bullish breakout pass $2,000 and $2,800 resistances. Chart analysts dey forecast rally from $4,000 go $20,000-$40,000, with extended targets near $51,000 based on historical multipliers. Deep-pocket positions, no be retail buying, fuel the move. If Bitcoin hold recent highs, capital rotation fit spark wider altcoin rally wey Ethereum go lead. Traders suppose dey track on-chain metrics and ETF flows; sustained close pass $4,000 fit pave way for new multi-year highs.

Tether and Rumble dem come together propose to buy Northern Data for $1.17 billion to control the AI and high-performance computing company. According to di deal, every Northern Data share go turn to 2.319 new Class A shares for Rumble, and dat put Northern Data value for $18.27 per share. After im close, Northern Data people dem go get 33.3% share for Rumble, and Tether go become di biggest Class A shareholder. Di proposal include to pay back Tether’s €575 million loan inside Northern Data and build on di earlier $775 million wey dem invest for Rumble. Northern Data plan make e sell im Peak Mining bitcoin business and put money again for Taiga Cloud GPU services and Ardent Data Center AI/HPC infrastructure. Di aim of this Northern Data acquisition na to boost AI infrastructure and HPC power, reduce bitcoin mining wahala, and make sure say e dey financially stable for long term.

XRP drop 2–5% afta traders collect profit afta di settlement wey dem get for Ripple-SEC matter. Price fall from di intraday high close to $3.32 come check support for range between $3.13 and $3.20. Trading volume jump pass 200% reach $12.4 billion, wit more than 209 million XRP wey change hand inside one hour. Technical analysis talk say resistance dey for $3.27–$3.33, wey show say di near-term trading range don set. Institutional interest, wey SBI Bitcoin-XRP ETF filing boost, and macro factors go shape di next move as traders dey watch for breakout pass $3.27 or im try check $3.13 floor again.

Digital asset treasuries don shift from just keep Bitcoin passively to become programmable capital engines. Since June, pass 100 public companies don raise $43 billion through buying tokens. Institutional holdings don now cross 11% of BTC market cap, ETF dey on 6.5%, corporate treasuries dey on 4.6%. MicroStrategy and Trump Media dey lead with 607,770 BTC and $2 billion investments. For phase two, these treasuries dey use DeFi yield strategies. Dem dey stake ETH, join liquidity mining, and dey trade structured options. Governance voting dey shape protocol ecosystems and dey boost token prices. Self-reinforcing cycles dey increase mNAV ratios, lift stock values, and dey fund more crypto acquisitions. Regulatory initiatives like GENIUS and CLARITY Acts fit improve stablecoin competition and institutional DeFi infrastructure. Traders suppose dey watch dis trend as better sign for BTC, ETH, and DeFi tokens.

Crypto AI agent sector don drop from peak $10 billion market cap for late 2024, as token prices (GOAT, ALCH, TRUMP, AI16Z) drop 50–95%. Over 90% of teams stop development as liquidity dry and demos no fit scale. Solana AI hackathon na the only bright spot: open-source Multi-Chain Protocol (MCP) server, modular agent suite, and growth from 11 to 50+ integrations, but tool calls still slow. For next 6–12 months, traders fit expect smarter on-chain AI agents with integrated wallets, faster tool calls, and proactive protocol invoke—fit reset Crypto AI infrastructure. Long term, AI agents fit power stablecoin payments, put intelligence inside DeFi protocols, and enable personal on-chain context layers. Traders suppose to prepare for continued volatility on Crypto AI tokens and watch infrastructure milestones for new opportunities.

Heritage Distilling (NASDAQ: CASK) don raise $220 million for private placement to build one new $360 million IP token reserve. The deal get $82 million for direct buy 52.5 million IP tokens at $3.40 each, plus $100 million through common stock and warrants. This blockchain IP reserve backed by Story Protocol, a16z Crypto, and Polychain na first time for one US listed company to use tokenized intellectual property as e main treasury reserve. Story Protocol go reinvest all net profit within 90 days to buy back IP tokens for open market, support token liquidity and market alignment. This IP token reserve and digital asset treasury strategy aim open new revenue streams, improve financial flexibility, and grow Heritage Distilling investor base. IP token dey trade at $6.09, down 12% for 24 hours but up 36% for 30 days, with $1.8 billion market cap, 16% below February peak. Cantor Fitzgerald and Roth Capital Partners na joint placement agents, Open World na strategic advisor.

Plenti institutional demand for Ethereum don spike dis week, wey dey push beta ETH price rally. Big big inflows dey enter Ethereum, wey dey trigger beta altcoin rise. Avalanche (AVAX) dey benefit from im high scalability and quick transaction speeds, while Chainlink (LINK) dey gain ground because of im decentralized oracle network. Historical on-chain data dey show say big ETH inflows dey usually come before altcoin rallies. Meanwhile, MAGACOIN FINANCE dey show as one speculative presale chance, and early forecast dey talk say e fit grow more than 20%. Traders suppose dey track Ethereum capital flows, dey monitor on-chain metrics, and dey assess MAGACOIN FINANCE fundamentals to take advantage of possible gains and manage market wahala.

Crypto funds dem record net inflow of $572 million last week after di US government allow make digital assets dey 401(k) retirement plans. Dis move come reverse two weeks of outflows and follow $1 billion drop wey happen early week cause weak US payroll data. US-listed crypto funds lead di surge wit $608 million net inflow, while European funds dem withdraw $54.3 million. Seasonal summer trading make exchange-traded product volumes drop by 23% month-on-month. Ethereum ETPs top asset flows with $268 million, push their year-to-date inflows reach $8.2 billion and AUM to $32.6 billion. Bitcoin funds see $260 million inflows. Among altcoins, Solana add $21.8 million, XRP $18.4 million, and NEAR $10.1 million, even wen SUI get small outflows. Big providers like iShares and Grayscale benefit, but Fidelity’s Wise Origin Bitcoin Fund dey experience $55 million outflows. Analysts believe say 401(k) approval open new regulated channel for institutional demand. More access to digital assets for retirement accounts fit boost short-term trading, improve market stability for long term, and support better outlook for crypto funds and major tokens.

Senator Elizabeth Warren don signal say she go oppose the bipartisan CLARITY Act when Senate come back after Labor Day. Even though she support strong crypto regulation, Warren warn say industry-made rules fit cause corruption and make elected people fit trade digital assets. The CLARITY Act wey House pass for July want make SEC and CFTC get clear power over tokens and also build proper market setup for digital assets. For early September, Senate Banking Committee go vote on the bill, and maybe change am to control big cryptocurrencies, stablecoins and CBDCs well. Plus, Congress don approve GENIUS Act to control stablecoins and stop US CBDC development, while White House task force talk say make dem clear how tokens go be classified to join SEC and CFTC work and protect investors. Traders suppose dey watch Senate talk on CLARITY Act, because changes fit affect how money dey flow, cost to comply and price change for digital assets.

Syed Hussain, CEO of SHIZA, dey predict say economy go shift to AI agent ownership weh people go train and own their own AI agents instead of renting models from big tech. As AI systems dey automate white-collar jobs like software development, content creation, data analysis, and strategy advice, value go move from labor to intelligence ownership. Blockchain and crypto systems fit enable private model training, decentralized compute, tokenization and wallet-based ID. Traders fit deploy personal AI agents for tasks like research, transaction bargaining, and financial trend analysis, dem go dey earn constant yield and get free time for creative work. Wallets go develop to handle autonomous agents and tokens go reward maintenance, building foundation for decentralized AI markets. Though things like liability, authorship, and tax still be regulatory challenge, this blockchain model go make crypto projects beta backbone for next economic age.

AguilaTrades, one big whale trader, open big ETH short position of 30,001 tokens wey worth $128 million for Hyperliquid using 15× leverage. Dis ETH short fit boost profit potential but e dey risk liquidation at $4,383.66. Big ETH shorts like dis dey usually trigger more selling pressure and fit lead to forced liquidations wey fit cause short-term market wahala. Traders suppose dey watch Hyperliquid order books and key liquidation levels well to sabi when price fit move, because past high-leverage ETH shorts don make market moves big and show how sensitive market be to whale activity and leverage trends.

Ethereum transaction volume don burst reach almost 1.9 million daily for di first time since January 2024. Dis surge follow after dem increase Ethereum Layer 1 network gas limit by 50%, wey boost block capacity and reduce congestion. As result, transaction fees for DeFi protocols and stablecoin transfers don fall below $1, wey dey drive on-chain activity. Ether price rally pass $4,200 don further fuel speculative trading for platforms like Uniswap, increase swaps and stablecoin transfers. Data from Etherscan and Messari show say USDT and USDC transactions dey among top gas consumers. Improved network scalability and lower fees dey attract institutional inflows as regulation dey clearer. Although institutional impact on transaction volume still small short-term, long-term support from corporates go strengthen ecosystem stability. Developers dey push Layer 2 integrations and solutions like PeerDAS to improve throughput. Overall, capacity upgrades, better fee environment, and growing demand mean say Ethereum transaction volume and network health go continue to dey on steady upward trend.

On-chain analytics wey Glassnode do show say Bitcoin profit-taking don shift: veteran holders (3–5 years) dey realize over $1 billion every day for July but dem sharply reduce am for August. This one different from late-2023 profit-taking by 6–12-month holders, many of dem na early ETF buyers. CryptoQuant data still show say retail futures orders dey rise and institutional whale trades dey fall. Network growth tight, with more than 364,000 new addresses daily. Bitcoin dey trade near $120K, small increase as momentum dey cool: CryptoQuant Bull Score drop from 80 to 60, plus stablecoin inflows dey reduce. Traders suppose keep eye for realized profit trends, on-chain metrics and capital flows to find clue on support levels or new selling pressure.

Plenti $653 million crypto token unlocks ready to enter market from August 11 to 18, go bring serious new supply. Big cliff unlocks na include Fasttoken (FTN) $91.6 million, Cheelee (CHEEL) $88.9 million, Aptos (APT) $53.7 million, Arbitrum (ARB) $43.9 million, Avalanche (AVAX) $40.2 million and Sei (SEI) $18.1 million. For linear unlock side, Solana (SOL) dey lead with 465,770 tokens per day (around $13.4 million). Meme and governance tokens go still drop: Trump token (TRUMP) $45.9 million, Worldcoin (WLD) $40.5 million, Bittensor (TAO) $19.9 million, Dogecoin (DOGE) $22.1 million and LayerZero’s LAYER $17.4 million. These crypto token unlocks fit cause short-term selling pressure and altcoin wahala, wey fit give better chance to buy for dip. Traders suppose dey watch market supply and whale activity well well for strategic trading chance.

US GENIUS Act dey ban yield-bearing stablecoins and dey approve non-interest digital dollars. By blocking interest for stablecoin balances, GENIUS Act go shift institutional capital go tokenized real-world assets. Experts predict say trillions go flow into US Treasurys, money market funds, corporate bonds, equities and private equity through tokenization. Infrastructure providers like Uniform Labs dey build Multiliquid liquidity layer for real-time compliant conversion between stablecoins and tokenized assets. GENIUS Act mark one turning point for digital finance, e dey boost stablecoin adoption and expand access to fractionalized real-world assets for institutions.

Senator Elizabeth Warren don call for stricter crypto regulation again after she criticize the GENIUS Stablecoin Act and the Digital Asset Market Clarity Act as giveaways wey dey benefit President Trump family business wey connect with foreign-backed ventures. She talk say the current crypto regulation no strong and e dey influenced by industry lobbying, wey dey allow corruption, illegal use by terrorists and drug traffickers, plus possible market wahala. Warren and other senators don urge OCC make dem investigate any conflict of interest wey dey Trump family crypto businesses. As arguments dey heat up between clear rules and consumer protection vs innovation, traders suppose watch out for possible regulatory tightness for crypto market.

President Trump don extend di tariff deadline by 90 days, dem delay di planned hikes we dey under di China tariff extension and still dey keep US-China trade talks dey go. Dis move calm down global trade tension and e reduce market wahala, e make investors dem feel confident. For di crypto market, dis China tariff extension show say di macroeconomic environment go stable well well and e bring back di risk-on mindset. Traders fit see say di main digital assets go get less wahala for short term. But di main mata wey dey cause problem like intellectual property palava, technology transfer and enforcement still no clear. If dem fit make progress for dis structural mata for next 90 days, e fit make market stable pass; but if talks break, e fit cause trade palava again and make market dey shake. Crypto traders suppose dey watch di talks well, make dem take advantage of better feeling but dem go still dey sharp in case things change.

Paxos, wey be stablecoin issuer based for New York, don apply for special-purpose trust bank charter from New York Department of Financial Services to get US banking license. Dis move, wey follow after Circle and Ripple do similar move, na to get FDIC insurance and hold full-reserve deposits for tokens like Binance USD (BUSD) and Pax Dollar (USDP). By becoming regulated bank, Paxos dey try improve compliance with upcoming US stablecoin regulations, make reserve transparency better, and build institutional trust. The application show say big stablecoin issuers dey find regulatory approval more, wey fit increase competition for stablecoin market. Traders suppose watch how e go be, because banking license fit change liquidity dynamics, market confidence, and token valuations.

MicroStrategy don mark dia five year Bitcoin accumulation milestone by buying 155 BTC for $18 million, na im smalles tranche since March. Dis latest Bitcoin buy raise total holdings to 628,946 BTC, wey worth about $75.5 billion. Since August 2020, MicroStrategy accumulation dey mostly finance through debt issuance and Series A Preferred Stock sales, wey bring over $13 million for dis tranche. Year to date, Bitcoin price don rise by 27%, near $120,095, showing strong market momentum. Dis steady company investment show say institution trust dey grow for Bitcoin, fit tighten supply, boost market sentiment, and make MicroStrategy shares strong as proxy for BTC exposure.

Paxos Trust Company don submit again their application for national trust bank charter with US Office of the Comptroller of the Currency (OCC). Dem wan upgrade their New York state trust charter to federal national trust bank charter. Their previous 2021 conditional approval expire for 2023. Dis move align with similar efforts from Circle’s USDC issuer and Ripple’s XRP to secure federal oversight. The national trust bank charter go allow Paxos manage customer assets, accept deposits, offer loans and provide faster payments plus custody services under stricter oversight. Paxos, issuer of PayPal USD (PYUSD) and Pax Dollar (USDP), recently settle anti–money laundering violations with New York’s financial regulator. Dem pay $26.5 million and commit $22 million to improve compliance. Dis step show say stablecoin regulation dey grow and regulated crypto banking services dey rise for US.