Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Four public companies don collectively buy more than 3.5 million SOL tokens, dem worth about $591 million and dem represent 0.65% of Solana circulation. Upexi lead di way, buy 1.9 million SOL at average price of $168.63 since April and dem stake am fully at 8% APY. DeFi Developments Corp get 1.18 million SOL at average cost of $137.07, plus dem dey sit on $36.8 million unrealised gains. Toronto-based SOL Strategies don gather 392,667 SOL by dollar-cost averaging since June 2024, make $3.9 million profit. Torrent Capital add 40,039 SOL earlier this year for small profits. Meanwhile, SOL price don climb 14% in di last one month, dey trade pass $180 and near important resistance. Dis wave of Solana institutional investment dey show market confidence dey grow, fit push more bullish momentum and long-term stability for SOL.

XRP price don break out from one long-term bullish triangle for the weekly chart, meaning say e get fresh momentum to head towards $11. For July, the breakout raise XRP to high of $3.38, then e still dey consolidate near $3.22. Key resistance dey for $3.40 (1.0 Fibonacci extension): if dem fit break am well well with strong volume above $3.40, e fit open road go $5.75, and the 1.618 extension for $11.20 na the final target. For downside, the $2.25 zone—wey be former resistance and 0.786 retracement—now na critical support. If e remain steady pass $2.25, e confirm say bullish talk dey valid, but if e fall below, e fit push XRP price down to $1.63 or $1.29. Crypto traders suppose dey watch strong volume when $3.40 break and use $2.25 as stop-loss. Overall, the weekly bullish triangle breakout plus Fibonacci levels dey guide the next moves for XRP price.

Bitcoin don blow reach new heights for August, e reach $118,760 for Bitstamp. Traders dey eye Bitcoin short squeeze now. Dem dey highlight support for the CME futures gap around $116,500 and weekly close wey pass $117,200. If e rally 10%, e fit clear pass $18B wetin dem hold short for BTC, fit drive Bitcoin go $120,000. Last weekend moves trigger about $350M liquidation, e make the bullish mindset strong. Analysts like Rekt Capital, BitBull, Merlijn and Ted Pillows talk say big liquidity pools dey over di current levels. Dem expect gap fill for $116,500 before e go continue climb. Small correction fit happen when traditional markets open again. But Bitcoin short squeeze still be the main theme. Traders dey watch ether (ETH) too after e multi-year highs.

BlackRock don talk say dem no dey plan to launch spot XRP ETF or SOL spot ETF anytime soon, even though market plenty speculation. One spokesperson yan The Block say regulatory clarity still be priority before dem file any new product. Since March and April, futures-based XRP and SOL ETFs don gather over $1 billion new capital, but BlackRock still dey focus on Bitcoin and Ethereum products. Meanwhile, other asset managers like ProShares, WisdomTree, 21Shares, Canary and Bitwise don already file for spot XRP ETF with SEC. Bloomberg analysts now give 90% approval chance for spot ETFs on XRP, DOGE and ADA by end of 2025. Canada’s 3iQ don beat US go market, list spot XRP ETFs (XPRQ, XPRQ.U) for Toronto Stock Exchange in June, gather around $50 million assets. Ripple recent legal win against SEC make XRP jump 11% to $3.33, while Ethereum gain 7% to $3,908 ahead of network upgrades and proposed ETH-based ETFs. Traders suppose calm down short-term expectations for BlackRock filings but make dem dey watch legal and regulatory developments for possible long-term catalysts.

Solana price predict don dey gain momentum as SOL near $200 level. Analysts dey forecast short-term breakout wey dem support with low fees, fast transactions, network growth, DeFi and NFT adoption, plus possible institutional Solana ETF approvals. Meanwhile, PayFi project Remittix don raise over $18.5 million for presale at $0.09 per RTX, dey offer 40% token bonus, 20% referral rewards, and $250,000 token giveaway. Dem mobile beta wallet wey go launch for Q3 2025 go support instant transfers, fiat cashouts and cross-chain swaps. Remittix upcoming CEX debut go fit boost RTX liquidity. Traders suppose watch Solana price resistance for $200 and Remittix listing timeline for short-term trading signals and long-term portfolio rebalancing chances.

On di 8th of August, El Salvador Bitcoin Office tok plan dem to open di world’s first bank wey full Bitcoin-based. Di Bitcoin Bank go offer BTC deposits, lending, payments and remittance services, wey go put crypto deep inside di country's financial system. Since dem make Bitcoin legal tender for September 2021, El Salvador don launch di Chivo wallet, begin geothermal-powered mining, and get reserve of 6,264 BTC (over $730 million). Dis plan link to one 2024 Bank for Private Investment (BPI) bill wey go allow banks to operate with dollars and Bitcoin under lighter rules. IMF don warn about di high volatility of Bitcoin and say consumer protection no strong. As part of $1.4 billion aid deal, El Salvador stop to buy new BTC but still dey continue internal wallet transfers to increase reserves. Main wahala na price swings, people like dollar pass Bitcoin, law issues, and trust problem with reserve management. Dedicated Bitcoin Bank fit boost on-chain liquidity and remittance flow while e go strengthen BTC as legal tender. Traders suppose dey watch for regulatory update and reserve accumulation because e fit affect market.

Peter Schiff we economist wey dey push gold don yan again say im prefer Bitcoin pass Ethereum even though Ethereum price don shoot to about $4,200 plus e get strong flow enter Ethereum ETFs. E talk say e no hold any of the digital assets but e go choose Bitcoin for im long-term stability and predictability, different from how Ethereum dey volatile. Schiff also talk say Michael Saylor’s MicroStrategy for strong if e bin dey put some gold join im Bitcoin buying. This one happen as Bitcoin market dominance drop to 59.1% and Ethereum climb to 13%, with institutional money of $461 million flow enter Ethereum ETFs compared to $403.9 million for Bitcoin ETFs. Traders suppose watch how Schiff support go affect Bitcoin feel and price moves, even as Ethereum and other altcoins still dey attract capital.

Economist Henrik Zeberg dey warn say Bitcoin rally fit scatter if Nasdaq suffer big correction. Bitcoin dey trade above $110,000, e performance show say e get strong connection with tech stocks wey dey grow well well, as US market cap-to-GDP ratios don pass wetin e bin be before 2007 crisis. This tech bubble fit bring sharp decline. If Nasdaq fall, e fit cause plenty Bitcoin sell-offs and make crypto market volatility high. Traders suppose dey monitor equity indices and market cap-to-GDP levels, plus maintain strong risk-management strategies as dem dey face this kind risk-off situations.

Pharos Network don join hand with Morpho to launch native RWA lending for their EVM-compatible Layer 1 mainnet. This RWA lending integration put Morpho’s $9 billion on-chain lending infrastructure inside Pharos, to create institutional-grade credit pools wey get isolated risk modules. The RWA lending system go power new vaults and capital deployment frameworks, make institutions and pro investors fit deposit tokenized real-world assets as collateral, borrow anytime dem want, and still earn better yields. Them call am RWAfi, the plan mix DeFi composability with TradFi compliance, di focus na institutional vaults, structured lending products, risk pricing, and scalable credit systems. With real-world asset market dey grow 5% every month and e go pass $600 billion by 2030, dis partnership go quicken the mainstream adoption of RWA lending and unlock new chances for yields for institutional and retail traders.

After two years of development, Bitlight Labs don launch di RGB protocol for Bitcoin mainnet, wey fit run off-chain smart contracts wey seal dem inside UTXOs with client-side validation. To make people start use am, di team distribute 21 million RGB test tokens, but strict limits of 50 tokens per claim, 420,000 claims wey dem need and mandatory fees of 0.00003636 BTC (≈$4) slow di distribution to less than 20% after 17 hours. Di accumulated fees (fit reach $1.68 million) plus extra gas costs for container creation don cause frustration and FUD for users, wey dem weak early market feeling. Even though di RGB protocol show Bitcoin layer-2 innovation, e complex setup and long rollout show di wahala wey fit affect future trading plans for smart-contract projects on Bitcoin.

US Customs and Border Protection (CBP) dey challenge CleanSpark Q2 2025 report, dem talk say Bitcoin mining equipment wey dem import from April to June 2024 comot for China, dem dey ask for $185 million import tariffs. CleanSpark talk say na lie, dem show supplier certificate and purchase agreement wey prove say e no come from China, and dem no set money aside for this wahala. Another miner, IREN dey face same yawa, dem ask am $100 million import tariff for equipment weh e bring from April 2024 to February 2025. These import tariffs show say US dey watch Bitcoin mining supply chain well well because of US–China trade war, e show say regulatory wahala fit dey and e fit increase cost for mining companies. Traders suppose dey watch how these tins go affect miner profit, plans to expand hashrate, and overall market feeling.

For July, de former BitMEX co-founder Arthur Hayes don sell 2,373 ETH plus some DeFi tokens for average price of $3,507 per coin. Early August, e predict say Ethereum go drop reach $3,000. For August 10 and also few hours ago, Hayes transfer 14.8 million USDC go exchanges, use about $6.85 million USDC grab 1,250 ETH (~$5.3 M), 424,000 LDO (~$550 K), 420,000 ETHFI (~$510 K) and 92,000 Pendle (~$500 K) inside two hours, plus more than 10.5 million USDC for extra Ethereum buy. This sharp reaccumulation show say big whales get fresh confidence for Ethereum and DeFi tokens. Traders suppose dey watch USDC inflow plus whale moves as sign say Ethereum momentum go strong.

Ethereum price don jump reach 2025 high pass $4,300, e push co-founder Vitalik Buterin’s on-chain holdings pass $1 billion. Arkham Intelligence data show say Buterin dey hold 240,042 ETH plus stake for AAVE and WETH. The latest Ethereum price rally na because of strong spot Ether ETF inflows—$461 million one day and $326.6 million for past week. Traders dey eye breakout go the $4,878 all-time high, with about $1.35 billion for ETH short positions wey dey risk and short-squeeze potential dey rise. Buterin first become crypto billionaire for May 2021 as ETH climb pass $3,000, then lose the status middle 2022 when ETH fall over 80%. The current surge show say market get fresh optimism, technical momentum, and ETF demand, wey mean say traders fit expect more upside.

Ripple XRP don get official recognition from US regulators, wey mark one big regulatory milestone. For Q2 2025, XRP con pass Ethereum for Coinbase for retail trading revenue, grab 13% fees compared to ETH 12%. Analysts dey yarn say dis shift na because of renewed institutional interest, growing retail demand, plus rising ETF speculation. For XRP to match Bitcoin $2 trillion market cap, e need rally 1500% from current $138 billion value. Forecasts dey suggest say XRP fit reach $12.50 by 2028 if ETF approvals show and momentum continue. Meanwhile, the high-risk presale token MAGACOIN FINANCE dey attract attention. The project combine DeFi infrastructure, governance utilities, plus staking incentives, offer potential returns up to 15,000%. Online forums for Telegram and X don dey see plenty MAGACOIN FINANCE talk, wey reflect shifting capital flows.

Solana comot 18% for one week, e climb pass wan dey go down trendline reach $181. But trading volume comot 10%, e mean say people dey take profit close to $184–$185 resistance zone. On-chain data show say $15.18 million SOL enter exchange for August 9, e fit mean sey people dey sell. Liquidation clusters dey show support for $174 and strong resistance for $184. Technical indicators still allow small chance for price to go up: RSI dey 57, e never reach overbought area, but Supertrend for $190.33 still dey bearish. Traders need daily close pass $185 if dem wan target $256 (about 40% increase). If price no hold level, e fit drop back go $174 or make market rest small. Traders wey dey active suppose dey watch resistance tests and volume rebound to sabi if Solana bullish momentum go start again.

Industry experts don identify five altcoins wey get potential to grow crypto 20x by 2030: XRP, ADA, TIA, MAG, and VRS. XRP fast and cheap cross-border payments fit benefit from likely SEC ruling, expansion of On-Demand Liquidity, and tokenized finance adoption. Cardano (ADA) dey use Hydra scaling, strong DeFi ecosystem plus decentralized governance to target enterprise use for emerging markets. Celestia (TIA) introduce modular blockchain model wey dey separate consensus from execution, position TIA as key data availability layer for rollups. MAGACOIN FINANCE (MAG) get structured tokenomics and strong presale momentum, show say na early-stage opportunity. Virtuals Protocol (VRS) dey build on-chain AI agent platform on Base, combine Ethereum L2 security with low fees. This diverse suite cover cross-border payments, DeFi scaling, modular blockchains, crypto presales and AI integration. Traders wey dey find high-risk high-reward fit open position before next bull cycle as institutional adoption and DeFi expansion dey push market innovation. These projects show the catalysts behind potential 20x crypto growth by 2030.

XRP dey trade for $3.32 after im MVRV ratio cross pass realized value, mark gold cross wey historically dey come before rallies of 600% or more. Meanwhile, NVT ratio don drop 46% to 95.88, showing say on-chain efficiency don improve and bullish momentum dey strong. Technically, XRP dey face resistance for 0.618 Fibonacci retracement near $3.30, with key barriers for $3.46 and $3.66. If e clear break pass $3.46 with steady volume, e fit open road go $4.23. Traders suppose watch for more buying pressure to pass supply for these levels. On-chain data show potential short squeeze, with $3.03 million short positions liquidate compared to $290k longs. Binance heatmap show liquidity cluster between $3.40 and $3.48, making this zone critical for correct breakout.

China dey tighten dem control for crypto with recent prosecution for six big case weh dem target illegal forex trading, money laundering, fraud, pyramid schemes, and hacking. For the biggest illegal forex case, di USDT trades weh pass CNY2.34bn lead to 13.5 years prison and fine weh pass CNY1m. People weh dey do money laundering face charges even if na as small as CNY25,000 dem move for crypto. One trader from Gen Z, Yang Qichao, waka enter jail for 4.5 years and pay fine of CNY30,000 after BNB Chain rug pull weh carry 300,000 BUSD and 630,000 BFF, wey cause 50,000 USDT loss. Token based pyramid scheme weh gather over CNY210m make dem sentenced people for up to six years. Even small hacking money wey no reach CNY150 still lead to conviction. Traders gats dey sharp. Any rug pull, OTC arbitrage or help illegal transfer now get strong punishment for China crypto crackdown.

President Trump don sign the executive order wey dem call “Guaranteeing Fair Banking for All Americans,” wey stop Operation Chokepoint 2.0. The order talk say banks no fit stop crypto company dem banking because of political views; instead, dem must do objective risk-based analysis. Dem put Small Business Administration (SBA) for head to check say people dey comply, dem sidestep Federal Reserve and FDIC. After the announcement, Bitcoin and Ethereum price rise. Crypto fans Caitlin Long and Senator Cynthia Lummis praise the move but analyst Nic Carter talk say banks fit still use risk management to justify de-banking. Carter call for better regulatory transparency to clear finish Operation Chokepoint 2.0. Traders fit expect better banking access, more liquidity, and increase for institutional participation wey go make market stable.

XRP MVRV golden cross don show for di third time, e don cross pass im 200-day moving average wey be $3.32. Historically, similar XRP MVRV golden cross signals for November 2024 and July 2025 come before rally wey rise 630% (to about $24) and 54% (to about $5) respectively. If history repeat, XRP fit jump go $5.11 or $24.23, average projection dey near $14.40. Analysts Ali Martinez, Davinci Jeremie, and YouTuber DustyBC believe say levels under $5 dey undervalue. Regulatory progress—Ripple recent SEC appeal dismissal filing—fit clear legal wahala. Traders suppose watch to see if price steady pass MA with rising volume as bullish signal. Trend dey favor both short-term entries and long-term positions, but e good make pesin do prudent risk management.

President Donald Trump go sign one executive order wey go allow 401(k) retirement accounts to dey invest for crypto, private equity and other kain non-traditional assets. Dis 401(k) crypto investment move fit unlock trillions of dollars into digital assets and altcoins. Trump don also host blockchain innovators for White House, propose federal crypto advisory role, and call for national Bitcoin reserve. Legal actions against big platforms like Coinbase and Uniswap don stop, meaning say regulatory environment dey more supportive. Total crypto market cap now reach $3.76 trillion, with Bitcoin (BTC) dominance drop to 60.7% as altcoins dey gain ground. Ethereum (ETH) perform pass Bitcoin for Q2 2025, wey always be early sign for altcoin season. On-chain altcoin deposits to Binance don reach near yearly high, plus technical indicators like golden cross for altcoin market cap and Altseason Index rise from 26 to 37 dey show say people get bigger appetite for higher-risk tokens. One sponsored highlight for MAGACOIN FINANCE presale talk say demand strong and development quick. Traders suppose dey watch 401(k) crypto investment flows and altcoin metrics sharply, cos dis factors fit drive next market rally under Trump crypto policy.

Ethereum climb 19% reach $4,100 last week, but NFT market sales drop 11% reach $134.9 million. Buyer numbers fall near 90% to 73,900, while sellers drop 91% to 42,878. On-chain NFT transactions rise small 1.6% to 1.78 million but e no boost sales. Ethereum NFTs dey lead volume with $58.5M (-23.4%), followed by Polygon at $17.8M (+56.9%), BNB Chain at $13.6M (+33.5%), Bitcoin at $14.2M (-19.5%) and Solana at $8.2M (-33.5%). Top collections dem no dey same: Polygon’s Courtyard top with $15.9M (+68%) and buyers rise 153%; CryptoPunks drop 43.7% to $11.4M even though record 720 ETH sale happen; Pudgy Penguins add 12.8%, SpinNFTBox jump 56.3%, while DMarket and Sorare see slight fall. The big drop for people wey dey participate for NFT market dey cause worry about how the market fit last. Traders suppose dey watch buyers activity and sales volume to see if recovery fit happen amid the market contraction wey still dey happen.

Exodus don join body with Superstate to drop SEC-compliant stock tokens, wey dem use put their tokenized shares for Solana. Dem take Superstate’s Opening Bell platform develop am, plus dem get SEC-registered transfer agent, so the tokenized shares dey carry legal assurance and direct support from the issuer. Solana fast well well plus e no too cost make am perfect place to launch. Next step, Exodus wan expand to multi-chain, go Ethereum and Algorand. This plan na to make liquidity better and reduce risk wey dey from other party for networks. Traders suppose dey watch on-chain activity, liquidity change and network demand as tokenized shares dey gather momentum for public markets.

Ripple Labs and the US SEC don drop their appeals, final confirme judge Analisa Torres 2023 ruling and end nearly five years legal matter. The settlement show say XRP no be security for retail trades and make Ripple pay $50 million. This regulatory clarity make XRP price jump over 11% pass $3.30. Polymarket chance for XRP ETF go up to 88% briefly before e settle for around 76%. ETF expert Nate Geraci talk say the ruling clear road for BlackRock to file iShares XRP ETF application, after their spot Bitcoin (BTC) and Ethereum (ETH) ETFs. Bloomberg analyst Eric Balchunas no too sure say dem go file immediately. Meanwhile, Ripple talk say dem get $200 million deal to buy Rail, wey go boost RLUSD stablecoin infrastructure plus cross-border payment ability. As the third biggest cryptocurrency, XRP fit see big liquidity and price gains with institutional spot ETF. Traders suppose watch for iShares XRP ETF filing plus any market changes.

Augus 9, Whale Alert don tok report say dem release 500 million XRP from Ripple escrow. Dis na part of normal monthly supply wey dem fit manage to control XRP supply well. But unlike normal way XRP dey unlock, dis time the tokens waka go one unknown wallet instead of commot go escrow again. Dis one make people talk say maybe big whales fit dey sell, or e fit be over-the-counter trade, or dem wan hold am for long-term strategy. Traders dem suppose dey watch wallet movements, volume for XRP trading, plus any statement wey Ripple fit talk. If many tokens suddenly enter exchange, e fit make selling pressure rise and price fit drop. But if the person wey receive am wan hold am long-term or form strategic partnership, the price fit no shake well. To sabi how Ripple escrow work and as dem dey unlock again go help to know how market go behave later.

DOGE whales don gather 1 billion Dogecoin (≈$220M) for just 24 hours, e push price rally reach 22.4% to $0.24. Santiment on-chain data plus analysts Ali Martinez and Ali Charts talk say whales dey still dey collect, e mean supply tight and demand strong well well. For this past week, Dogecoin show pass almost all altcoins, na e get second highest weekly gain (20.63%) after ETH. Traders suppose dey watch if US go release 401(k) executive orders wey fit bring new institutional money come. This whale-driven momentum show say market dey bullish and e show some short- and medium-term trading chances for Dogecoin.

Core Scientific see say e Q2 Bitcoin mining money don drop 62% year-on-year go $62.4 million. Hosting money come down reach $5.6 million, and gross profit fall reach $5 million. The plan wey dem get to do all-stock merger with GPU cloud provider CoreWeave dey wait for shareholder approval and regulatory clearance. The deal na to join mining capacity and data centre operations make dem efficient. Increase for network difficulty, energy cost and BTC price wahala dey press Bitcoin mining profit margin for whole sector. Traders suppose dey watch the shareholder vote on the CoreWeave merger and any cost-cutting actions as Core Scientific dey find way to recover money and fit make mining profit better.

Plenti publicly traded companies, like Floral Growth Corp, Hyperscale Data Inc., Quantum BioPharma, and Worksport Ltd, don quietly add XRP to their corporate treasuries alongside other things like SOL and ETH. Dem moves wey show for recent SEC filings (Forms 6-K, 8-K, and 10-Q), reflect how XRP get enterprise-grade design, low transaction fees, and real-time settlement for XRP Ledger. The companies talk say regulatory clarity don improve after 2023 court ruling wey say secondary XRP sales no be securities. Quantum BioPharma yan say dem get 100,000 XRP wey dey with BitGo, while Hyperscale Data’s Ault Capital Group buy $10 million XRP and go dey report monthly asset updates. Although corporate XRP holdings still small compared to BTC and ETH, dis low-key trend mean say institutional confidence dey grow, fit boost demand, support XRP prices, and make market liquidity better.

Chainlink (LINK) don soar pass 32% dis week, comot from $15.43 on August 3 reach intraday peak of $21.46. As of now, LINK dey trade gidigba near $21.04, up 8.25% in 24 hours. The rally na because big whale dem activity, big transactions jump 863% to 60.76 million LINK (about $1.21 billion) for one day, IntoTheBlock talk. Meanwhile, Santiment talk say wallets wey hold 100,000–1 million LINK don increase by 4.2% since early August, dem carry their share of full LINK supply up by 0.67%. Traders dey eye main resistance levels at $26 and $30 now. To add to the bullish vibe, Chainlink launch their on-chain Chainlink Reserve for Ethereum. This smart contract don collect over $1 million in LINK tokens from off-chain money and on-chain fees, show say network dey grow strong and fit stand long time.