Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On August 4, 2025, de Philippine SEC don issue public warning to investors say make dem no use 10 crypto platforms wey no register, including big exchanges like OKX, Bybit and Kraken. Dem platforms no get license under de new CASP rules wey start from July 5, 2025, so dem illegal. Philippine SEC wan run legal matter—make dem stop de platform, criminal case—dem go work with Google, Apple and Meta to block any wrong promotion, website or app. De regulator talk say e get gbege for national security, like money laundering and terrorism wey dey relate to offshore services. Even though dem wan tough these platforms, Philippines still want make fintech grow. Dem expect digital payment go reach $31.68 billion with pass 65 million wallet users by 2025. Investors suppose only use SEC registered platforms to remain safe and follow law.

Di Base blockchain waka block production for 33 minutes ontop August 5. Di Base blockchain wahala start wen Conductor, OP Stack wahala, change go one konfigless backup sequencer during peak on-chain jam. Di main sequencer slow, e cause handoff fail to node wey never complete initialize yet. Team lead Jesse Pollak manually reroute block production go di correct sequencer by 06:40 UTC, network start dey work again without chain reorganization. Nobody lose money. Protocols like Aave and Moonwell no go liquidation because Chainlink’s Sequencer Uptime Feed save dem. Dis wahala show say sequencer fit fail and e show centralization palava for layer-2 solutions. Base dey plan to upgrade infrastructure, do better monitoring, and test well well to make sure sequencer handoffs smooth and network dey strong.

On August 6 by 08:00 UTC, Bithumb go launch PROVE/KRW spot trading pair, wey go make e easy for people swap fiat straight to token without converting USDT or BTC. Dis listing wan increase PROVE liquidity and help price discover as e connect token to South Korean Won. Traders suppose verify their accounts, put KRW for their account ahead, and ready for possible price wahala around the launch. E good make traders sabi about PROVE project well, set clear entry and exit plans, and use market, limit, or stop-limit orders to manage risk. Dis easy way fit make trade volume high and spread tight, but expect say price go dey shake well well short term.

Binance go stop make NKN/BTC and STX/BNB spot trade dem on August 8, 2024 by 03:00 UTC. Dis delisting na na follow their normal check-up process, fit be say volume no too high, project no too perform well, or compliance wahala. Traders make sure say dem cancel open order dem and change NKN or STX to other pairs or carry dem go external wallet before time finish. After deadline, trade and withdrawal for these pairs go stop, e fit make asset lock-up wahala. Delisting fit cause short-term sell pressure on NKN and STX and reduce liquidity. Arrange your position, diversify your holdings and dey watch official Binance channels for update.

Upbit go list de PROVE token na August 6, 2024 by 06:00 UTC, e go add three spot trading pairs: PROVE/KRW, PROVE/BTC, and PROVE/USDT. PROVE na de main utility token for Succinct network, wey be interoperability platform for secure cross-chain communication and asset transfer. Dis PROVE token listing wan help boost liquidity, diversify trading strategies and open access for Korean traders. Big exchange listings dey normally increase token visibility, market validation and trading volume. Traders suppose watch out for possible price moves and increased activity after PROVE token listing, but long-term performance go depend on project developments and wider market trends.

Animoca Brands don form strategic partnership wit AMGI Studios, dem buy KARRAT tokens for open market to back Studio Chain, weh be layer-2 blockchain for My Pet Hooligan game. Animoca go use their skill for tokenomics, liquidity provision, and market strategy. The deal make KARRAT token price jump 37% for 24 hours. Studio Chain promise better scalability, lower transaction costs, and faster processing. The KARRAT token go serve as in-game utility and decentralized governance, make holders fit unlock exclusive content and vote on protocol upgrades. Dis partnership dey solve blockchain gaming infrastructure wahala and e ready to boost Web3 gaming adoption, support new economic models, and strengthen decentralized entertainment ecosystem.

Flow Traders don receive direct allocation of 2.5 million PROVE tokens, wey mean 1.28% of all the tokens wey dey circulate, from the PROVE project team. As dem be the designated market maker, the company carry distribute all the tokens for major exchanges like Binance, Gate, KuCoin, and Bitvavo to put plenty liquidity for PROVE token trading debut. This strategic liquidity supply go make the bid-ask spreads narrow, reduce price wahala, and increase trading volume. To back Binance new PROVE token go boost market trust and make investors believe. This move show how important institutional players and pro market makers be for new token launches. Traders fit expect smooth execution, better access to the token, and improved market resilience as dem dey manage liquidity well to promote PROVE token adoption and growth.

SEC don issue guidance wey clear say under some conditions, liquid staking tokens (LSTs) and their receipt tokens no be securities. Dis regulatory clarity don remove registration wahala wey dey and e go allow institutions to put liquid staking tokens for financial products. Industry leaders like Alluvial CEO Mara Schmiedt and Jito Labs CEO Lucas Bruder gree say dis decision go open new ways to make money, secondary markets, and improve DeFi liquidity. The guidance base on Howey test to say purely administrative LST activities no be securities. Commissioner Caroline Crenshaw no agree and she warn say regulatory uncertainty still dey. Dis move go boost institutional adoption and make retail access to staking rewards better without lock-ups.

Binance CEO Changpeng Zhao don file motion for Delaware Bankruptcy Court to cancel di $1.76B FTX case wey FTX Trust file based on one 2021 share repurchase agreement. Di FTX waka dey accuse say Sam Bankman-Fried trasfer money wey no correct to Binance. Zhao talk sey him dey live for UAE, no be inside US jurisdiction, say US bankruptcy law no fit follow go outside USA, plus say di way dem take serve di case no correct. Two former Binance big men bin still try dis kind motion before for July. Dis your challenge from Binance CEO go test how border dem dey hold for crypto matter and fit change how dem dey try get money back, regulate, plus recovery method dem for digital asset bankruptcy.

SEC Commissioner Caroline Crenshaw sharply criticize di SEC’s Division of Corporate Finance staff for dem new liquid staking guidance. She talk say di liquid staking guidance no clear and dem dey rely on unrealistic assumptions wey no follow real staking practices. Di statement talk say liquid staking no be securities transactions and make firms no need register under securities laws, e remind Trump-era Project Crypto approach. Crenshaw warn say dem legal conclusions dey brace on unsupported facts and e only correct if all assumptions make sense. She talk say di guidance na for staff only, e no bind anybody, and e no give much comfort to crypto companies. If any company dem operation comot from dis narrow scope, dem suppose waka carefully. Her critique show say regulatory uncertainty still dey for digital asset businesses. Traders suppose dey watch developments because ambiguous SEC regulation for liquid staking fit spoil market confidence and slow down industry growth.

Bitcoin return wey be 16.85% for first half of 2025 don pass Berkshire Hathaway wey gain 3.55% and S&P 500 wey get 7.51%. Even though Berkshire make $12.3 billion profit for Q2, $5 billion impairment for Kraft Heinz cause $4.6 billion equity loss. Berkshire cash wey be $100.49 billion, if dem put 5% for Bitcoin start of the year, e for make over $850 million unrealized gains by August, e go reduce some of their loss. Bitcoin still do better pass top Berkshire holdings like Apple (AAPL), American Express (AXP), and Coca-Cola (KO), show say conservative moves get cost. Even if Warren Buffett no too believe Bitcoin and Greg Abel no put crypto, 2025 see more ETF money and big company acceptance, show say Bitcoin dey grow as portfolio shield and growth engine.

Litecoin don jump 12.7% for di last 24 hours, e dey trade near $128. Dis one na because 90% chance say spot ETF go get approval and e get CFTC commodity classification. Institution dem interest don rise because Bloomberg predict am plus MEI Pharma add $100 million for LTC reserves. Technical indicators show say breakout dey: support dey now for $110.70, resistance dey $131.18, RSI still below overbought level and MACD dey bullish. Analysts sabi say e fit reach $144.56 to $150 according to Fibonacci extensions. Merchant adoption dey grow too: Litecoin na 14.5% of CoinGate payments for July, and almost 40% vendors don dey hold crypto proceeds now, e rise from 27% for 2024. With ETF momentum and real-world use join body, Litecoin fit continue to gain and attract long-term inflows.

Canadian oncology company MEI Pharma don put beta cash dem wey dem get for Litecoin, buy like 700,000 LTC tokens for average price of $150 per coin. Before reports talk say dem get 930,000 LTC, wey be like 60% of their treasury. The CFO talk say Litecoin quick settlement and strong liquidity na the main things wey make am good for corporate crypto treasury management. Dis move follow big pattern wey nonfinancial public companies dey use to plus their options from fiat, after MicroStrategy Bitcoin plan. After MEI Pharma announce, LTC price jump 7%, show say market dey positive. Traders suppose dey observe changes wey fit happen for Litecoin market liquidity and price wahala as institutional people dey adopt am more. MEI Pharma plan to dey report their crypto holdings from time to time and fit add other digital assets. More corporate treasury money wey go enter Litecoin fit boost LTC trading volume and market size for long term.

For August 5, SUI price drop about 5% after $162 million token unlock make selling pressure heavy. This decline pass the 1.6% general market drop as Bitcoin dominance waka go up to 61.4%, so e make money move enter safer assets. For this month till now, SUI price don drop more than 20%, wey clear $3 billion market value. Trading volume drop 6.8% reach $1.15 billion but Bitcoin volume jump 8.2%, e dey show say people no too ready to take risk again. Even if fundamentals strong—total value locked near $2 billion and network activity plenty—and support from big players like AMINA Bank custody services and Mill City Ventures $450 million SUI treasury dey grow, still macro uncertainty and supply wahala dey make short-term future of SUI dey look dark.

Di phone wey dem call Solana Seeker don start to dey ship go over 50 countries after e get pass 150,000 preorders. Di device dey integrate over 2,500 decentralized apps through Solana dApp Store 2.0, e get built-in Solflare wallet, secure Seed Vault plus Genesis NFT for exclusive airdrops, and e dey bypass high fees from Apple and Google. E price dey between $450 and $500, dis smartphone fit generate at least $67.5 million revenue and e go help mobile Web3 adoption before SKR incentive token launch. After di August 4 announcement, SOL price jump 6% so far dis month to around $169 and e rise 1.5% for 24 hours. Technical indicators show say SOL dey hold support for 0.382 Fibonacci level near $157.70, e get RSI 58.6 and bullish Parabolic SAR despite $9.8 million net outflows. Key resistances dey for $171.12 and $207, breakout targets dey for $180–185 and $290. Long-term bulls now believe say SOL fit challenge $1,000, especially with potential Solana spot ETF approval in October and ecosystem growth from projects like TROLL and Snorter trading bot.

Galaxy Digital dey increase dia Bitcoin holdings by 4,272 BTC for Q2, bring dia total to 17,102 BTC (wey worth $1.8 billion). Di company own equity investments for public and private blockchain firms climb reach $2.6 billion. Dem also rebalance crypto assets: reduce Ethereum to 90,521 ETH and XRP to 15.4 million tokens, plus add Solana (SOL) and SUI. Net digital asset holdings jump 40% from quarter to quarter to $1.2 billion. Di Digital Assets part deliver $71 million gross profit, and Global Markets profit rise 28% to $55 million. Infrastructure assets grow 27% to $8.9 billion, with staked assets up 34%. Treasury & Corporate generate $228 million, leading to $211 million adjusted EBITDA and $30.7 million net income. Dem debut for Nasdaq for May, Galaxy plan to tokenize dia stock. CEO Michael Novogratz talk say all dis moves show say dem get long-term confidence for crypto growth. For crypto traders, na better chance for Bitcoin trading and blockchain equities.

British engineer James Howells don for jandon plans wey e get to dig one landfill for Newport to find 8,000 lost BTC dem. Instead, e launch one new DeFi token for Bitcoin layer-2 network. The DeFi token supply dey match the original wallet balance, e lock the coins inside one unchangeable vault, but the holders never get any claim for the actual money inside. After UK courts reject excavation permits and token money don stop come, Howells dey use story value pass actual recovery. Critics dey call am memecoin because claim no too strong. Howells sef sell adaptation rights for the docuseries “The Buried Bitcoin.” This move show new ideas for tokenization and wahala wey fit happen with self-custody for decentralized finance.

Phantom Wallet don carry Solsniper weh be AI-powered Solana memecoin sniper tool weh dey track token launch dem and big whale wallet dem for real time. This acquisition follow Phantom Wallet $150 million Series C round weh value di platform at $3 billion, and e come after di company buy NFT data provider wey dem call SimpleHash for February. Solsniper go operate independently, di team wey crypto veteran @0xmaz_ dey lead go release better features and new trade products dem for di next months. By putting Solsniper together with Phantom Wallet, di aim na to turn di wallet to one kpata-kpata crypto trading hub, wey go fit do transactions fast and correct for Solana network wey get low fee and fast speed. This move show say Solana memecoin market strong well-well, with platform dem like Pump.fun dey cross $3 billion daily trade volume earlier dis year, wey make Phantom Wallet stand gidigba for di memecoin sector.

Digital asset investment products waka see $223 million net outflows for di week wey end for August 2, wey end 14 weeks straight wey money dey flow in. Bitcoin suffer di most, with $404 million commot from BTC products after di Fed sharply warn dem, wey make crypto market cap fall by 9.5%. Ethereum sharp, e log 15 weeks in a row wey inflows steady at $133.9 million as traders dey flow to ETH before network upgrades. Small small tokens show different moves. Solana (SOL), XRP and Cardano (ADA) gather $41 million together, while Sui (SUI) and Litecoin (LTC) each face small $1 million outflows. Institutional crypto ETFs show different sides: BlackRock’s spot Bitcoin and Ethereum ETFs pull $355.3 million and $394.2 million, even though other investors sell $323 million BTC spot products in one day. Even with short-term bearish pressure for Bitcoin, total assets under management still hold steady at $215 billion. Data show say this pullback fit be just temporary correction, no be long-term reverse for di digital asset market.

Coinbase International don list Succinct (PROVE) perpetual futures dem, wey dem go dey trade for PROVE-PERP market from 7PM UTC. This PROVE perpetual futures contract dey give 24/7 leverage exposure and hedging power, using ZK-proofs for blockchain scalability and privacy. The listing for Coinbase Perp go improve liquidity plus give regulated place wey both small pikin traders and big big traders dey like. Even though PROVE perpetual futures fit give high leverage and continuous trading, e still get high risk to loss and liquidation when market dey shake. Traders dem suppose start small small, use tight risk management like stop-loss orders, plus dey always check PROVE on-chain progress and market trends to manage risk and fit make correct gains from price change.

Franklin Templeton 4.5% tokenized money market fund don land for BounceBit Prime, e bring $692 million U.S. govt assets wey dey on-chain come for traders. E start for 2021, this money market fund dey issue BENJI token and e dey run for Ethereum, Solana, Stellar, Avalanche and VeChain, Anchorage Digital Bank na dem dey provide institutional-grade collateral. For BounceBit Prime, traders fit use the fund for collateral, settlement and new DeFi yield strategies. The integration dey improve capital efficiency through programmable governance. E follow similar real-world asset tokenization moves by BlackRock and Fidelity, and e dey pave way for tokenized stocks. As more RWAs dey move on-chain, crypto traders fit expect more yield opportunities across exchanges and regions.

UK police collect $665,000 from di 2017 Bitcoin seizure under Proceeds of Crime Act. When Bitcoin reach near $20,000, police freeze di stolen wallets and pay di victim back for di original £500,000 loss. Di Bitcoin seizure give rise to £1 million surplus. Half of di money go support crime prevention budget. Di fund dey help buy drones, spam-blocking technology, and local projects wey fight antisocial behavior. Di remaining surplus go back to government. Dis case show how Proceeds of Crime Act dey apply asset forfeiture for digital crime. Traders need sabi say clear law framework for seized crypto set correct precedent and fit affect future crypto laws.

Bitcoin dey face new selling pressure close to $115,000, e dey pull back to key support around $112,000. US spot Bitcoin ETFs record net outflow of $323.5 million, while Ethereum ETFs withdraw $465 million. Despite all dis, corporate treasuries add over 600 BTC when prices dey dip, and on-chain whale purchases dey support ETH. Because Bitcoin dey consolidate, certain altcoins dey prepare for possible rallies. Litecoin (LTC) bounce off $107 and now e dey trade near $122; if e pass $130, e fit target $140. Cronos (CRO) don take back im 20-day SMA at $0.13, e dey eye $0.15, $0.17, and $0.19. Ethena (ENA) hold the 20-day SMA at $0.54, with upside levels at $0.70, $0.82, and $0.96. Mantle (MNT) don form inverse head-and-shoulders pattern; if e move steady pass the $0.85 neckline, e fit go $1.06 and $1.15. Traders suppose watch Bitcoin’s 20- and 50-day moving averages plus key altcoin breakout levels for short-term momentum.

President Trump go sign one executive order before August 8, 2025 wey go direct US financial regulators make dem investigate crypto debanking plus how banks dey discriminate digital-asset companies and conservative groups under Equal Credit Opportunity Act, antitrust and consumer protection laws. The order go target banks and payment processors wey close crypto accounts or refuse services for political reasons or supposed AML risks, with punishment wey fit be fines or dem fit report am go Justice Department. By reversing Biden’s Operation Chokepoint 2.0, the move dey try restore banking access for crypto platforms, improve liquidity, reduce operational risks and boost market confidence. Traders suppose see am as one correct catalyst wey fit improve stable banking relationships and support crypto market trading activities.

Cango don boost im Bitcoin mining work sharp sharp after e sell im auto financing business, e July output don shoot reach 650.5 BTC, na increase by 44.6% from June. Dem come buy Bitmain rigs worth $256 million, add 32 EH/s, bring the deployed hashrate to 50 EH/s and average operating hashrate to 40.91 EH/s. Cango Bitcoin treasury don climb reach 4,529.7 BTC (~$512 million), make dem among top 20 public holders. CEO Paul Yu want make mining sites and energy infrastructure one kind vertically to support future Bitcoin mining growth. This move show say Cango dey serious for digital assets, as shares don jump 158% for past one year even when China dey tough on crypto. Traders suppose watch how the increase for Bitcoin mining capacity fit affect network security and BTC supply balance.

Succinct don launch dia decentralized ZK prover network for Ethereum mainnet, wey dem activate PROVE token to ginger independent verifiers and make sure say system dey secure. The PROVE token na the backbone for network payments and security. The network be two-sided marketplace wey developers go submit zero-knowledge proof requests through API and providers go compete for PROVE rewards. E dey support over 35 protocols and dey process proofs for 1,700 programs, wey secure over $4 billion on-chain assets. Till now, e don handle over five million proofs for projects like Polygon (MATIC), Mantle (MNT), Celestia (TIA), and Lido (LDO). Dem build am in eight months from whitepaper reach deployment, the ZK prover network dey simplify verifiable computation on internet scale. With Ethereum dey prioritize zero-knowledge solutions and rollups dey handle big volume trading and AI workload, the ZK prover network ready to push bigger ZK adoption. Developers fit integrate now using Succinct’s APIs (docs.succinct.xyz).

Arkham Intelligence don expose di biggest hidden Bitcoin takuba for history afta hackers use 32-bit entropy weak point for LuBian mining pool private key make to janja 127,426 BTC (wey den be $3.5bn then) for December 2020. Two days later, di person wey do am use Omni Layer protocol take pass $6m for BTC and USDT. LuBian start recovery wit 1,516 OP_RETURN micro-transactions, comot back 11,886 BTC wey now dey worth $1.35bn, but 115,540 BTC still dey sleep gidigba. On-chain analysis show say di funds just dey idle till big consolidation for July 2024, and now di wallet na di 13th biggest for Bitcoin network. Di coins wey still dey sleep worth over $14bn now, show how market strong and di kain risk if dem con move am. Dis Bitcoin takuba show di serious risk for mining pool security and why traders need strong key generation practice.

Bitcoin options traders dey buy put options pass to cover macroeconomic risk, wey dey push put-call ratio for Deribit to 90%, from normal 50% for bullish condition dem. Put option skew don reach +7%, di highest for four months, show say demand for downside protection dey increase. Meanwhile, annualized futures premium still dey for neutral 5–10% band around 7%, mean say traders no dey arrange for sharp fall below $110,000 even tho recent test of $112,000 and Bitcoin dey struggle to carry back $115,500. High US 10-year Treasury yields wey fall from 4.32% to 4.21% show say risk aversion dey increase, e dey push hedging strategy as corporate earnings weak and global trade tension dey. To dey watch metrics like put-call ratio and futures premium fit give insight into how market sentiment dey change and how Bitcoin fit resist external pressure dem.

OnRe yield bearing asset ONyc don dey live as collateral for Kamino, wey be Solana top DeFi money market get over $700M TVL. Traders fit use ONyc borrow, lend or do looping strategies and still dey earn 14%+ base yield wey no dey related to crypto wahala. Chainlink Onchain NAV solution dey give real-time, tamper-proof pricing make collateral secure. To make more people use am quick, OnRe and partners don launch $200K reward pool for USDG borrows against ONyc, plus up to $20M borrowing incentives plus 5× Ethena Points boost on sUSDe deposits from ONyc holders. This integration go make capital work better and bring strong, reinsurance-backed liquid asset enter Solana DeFi.