Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Solana Mobile Seeker smartphone don pass 150,000 pre-orders for 57 countries dem, e generate about $67.5 million revenue for price range of $450–$500. Early shipments don start, show say demand for Seeker smartphone dey strong. The Android-based device get built-in Seed Vault hardware key storage, decentralized dApp store wey get over 100 Web3 apps, plus Genesis Token NFT wey dey give exclusive project access and SKR token rewards. Using TEEPIN architecture, Seeker smartphone dey ensure cryptographic attestation for secure app distribution. E get 6.36-inch AMOLED display, dual 108 + 32 MP cameras and battery wey last long, e dey optimize for on-chain interactions. Dem plan AI and DePIN services fit make Solana ecosystem and SOL token usage grow well well.

BitFuFu don set new record for Bitcoin mining wit quarterly hashrate of 38.6 exahashes per second (EH/s), pass their old peak because dem add more mining capacity and improve efficiency. During dis time, BitFuFu stack next-gen rigs and optimize power use to mine 467 BTC, which be their highest output so far. Management dey credit hardware upgrades and strategic site expansions for these results. Di increase in hashrate naimprove Bitcoin network security, but e fit also put small short-term pressure on BTC supply as miners dey realize gains. For future, BitFuFu get plan to expand capacity more to keep dis forward momentum for hashrate growth and Bitcoin production.

Coinbase dey raise $2 billion for private convertible debt waka for institutional investors after Q2 revenue shortfall wey make im shares drop 15%. Di dual-tranche offering na $1 billion for notes wey go due 2029 and $1 billion due 2032, plus $300 million overallotment option. Money go use to fund capped-call hedges against conversion dilution, stock buybacks, acquisitions, working capital, capital expenditures, new technology investments plus possible Bitcoin buys. Interest rates and conversion terms still wait final pricing. As di world third-biggest crypto exchange and top 10 public Bitcoin holder with 11,776 BTC for im balance sheet, Coinbase wan boost liquidity as transaction revenue soft and USDC partnership margins tight, show say institutional capital still dey flow into digital assets.

VERB wey dey for Nasdaq don raise $558 million through PIPE financing to convert dia treasury to Toncoin (TON), become di first public company wey adopt dis Telegram-backed token as dia main reserve asset. Di company issue 58.7 million shares at $9.51 each go over 110 institutional investors wey Kingsway Capital dey lead, plus Blockchain.com, Ribbit Capital and Kraken join. After di deal wey dem expect to finish by August 7, VERB go change name to TON Strategy Co. but go still dey trade with VERB ticker. About 77% of di money go hold for cash and dem target 5% of Toncoin circulating market cap. Di money go use buy and stake around 166 million TON at di current price through The Open Network PoS mechanism. After di announcement, VERB shares jump 115%, show say di story strong well well. Toncoin price try wobble $4 resistance but e come fall 5.8% reach about $3.35. Traders suppose watch how Toncoin price go bounce back cos steady demand go important to maintain di premium for VERB market value.

Fartcoin drop 15% for di last week but e rebound sharp inside di last 48 hours, first e gain 3% then e surge 7.5% reach $1.02 as daily volume climb reach $216 million. On-chain data show say big whale dem dey collect well well: di top addresses add dia holding by 22%, top 100 wallets add over 100 million Fartcoin for 30 days. Exchange reserves rise 24.8%, but some smart-money and whale wallets dem reduce dia positions. Technical indicators dey trend bullish: di 4-hour MACD don cross pass im signal line, Balance of Power dey improve, and Elliott Wave correction don finish with support at $0.98 wey mark start of Wave 5. Key support levels dey $0.98–$1.06, resistance dey $1.22, $1.33 and one potential breakout zone dey $1.86–$2.36. One big announcement from Pumpfun co-founder Alon dey come wey dey add positive outlook. Traders suppose dey watch on-chain metrics and chart patterns for entry points as Fartcoin dey eye short-term rally.

Galaxy Digital talk say dem make net profit of $30.7 million for Q2 2025, wey come reverse loss of $295 million wey dem get for Q1. Dis turnaround na because Bitcoin value rise plus sey dem buy 4,272 BTC strategic way. Now their total BTC hold na 17,102 wey value reach $1.95 billion. Dem adjusted EBITDA hit $211 million, weh gain from treasury plus better returns from asset management and ventures. The company get total assets of $2.6 billion, digital assets fair value na $3.56 billion, plus dem expose for different stablecoins plus cash. Even though trade volume dey fall, Global Markets gross profit go up by 28% reach $55.4 million. Loan book enlarge reach $1.1 billion and assets under management grow by 27% make $9 billion. Galaxy Digital still help client sell over 80,000 BTC and start trade for Nasdaq under GLXY for May. Apart from crypto trade, Galaxy Digital dey expand Helios AI data center campus – secure up to 3.5 GW capacity – and partner with CoreWeave to improve computing power. This twin strategy of Bitcoin accumulate and AI infrastructure investment put company ready for steady growth and long-term strength for the recovering crypto market.

Mantle price jump more pass 20% inside 24 hours, from $0.72 reach $0.91 due to altcoin rebound. Trading volume rise sharply by 280% to $622 million, market cap hit $2.96 billion. Network ecosystem metrics dey go up: stablecoin circulation increase 22.8% to $653 million, DeFi TVL climb reach $233 million, and daily active addresses triple for July. Mantle add 101,867 ETH ($388 million) to Strategic ETH Reserve, launch $400 million MI4 index plus the mETH protocol for institutional inflows. On-chain gains help push bullish momentum. Technically, bearish RSI divergence show as prices reach new highs but RSI weaken, but now RSI dey 66 and MACD show bullish crossover. Price dey trade above 20 EMA, 50 SMA and middle Bollinger Band near $0.87, with support at $0.68 and $0.55. If price fit break and hold above $1, e fit target all-time high $1.51. Traders fit see dips as chance to buy.

Acting CFTC Chair Caroline D. Pham don show one Crypto Sprint proposal wey go allow regulated futures exchanges like CME Group and ICE Futures US to list spot crypto trading contracts under the Commodity Exchange Act rules wey dem get already. The plan dey use DCM requirements wey dey for leveraged retail commodity trading for digital assets, e go give immediate regulatory clarity and e align with SEC Project Crypto and President’s Working Group recommendations. Stakeholders fit give their public feedback on contract specs as CFTC wan reduce how people dey depend on unregulated offshore platforms and attract licensed firms. Recent moves include one Crypto CEO Forum, permanent derivatives products, and 24/7 crypto futures. By updating oversight without new law, regulators wan make market integrity strong, boost liquidity, and increase institutional adoption for DeFi. Traders suppose dey watch spot crypto trading developments well well cos this new framework fit make market stable and improve US competitiveness.

Di Chainlink Runtime Environment (CRE), wey dem launch for October 2024, dey serve as operating system for decentralized oracle networks and e dey reduce smart contract development time from months go to weeks or days. E dey abstract blockchain reads, API data fetching, consensus and on-chain writing, CRE fit allow developers deploy complex workflows without them need put oracle-specific code. CRE dey manage decentralized oracle networks for price feeds, cross-chain message, API calls, zero-knowledge proofs and compliance checks. E support JavaScript, TypeScript and Go, provide cross-chain interoperability and e dey boost security wit native confidential computing and ZK proofs. For mid-2025, CRE power delivery-versus-payment settlement between JPMorgan’s Kinexys and Ondo Finance, wey bridge institutional payment networks wit public blockchains. Chainlink co-founder Sergey Nazarov talk say CRE’s abstraction layer fit be as transformative as Ethereum’s EVM, promise faster time-to-market, better dApp interoperability and potential LINK demand growth as adoption increase.

Litecoin jump 12% inside 24 hours reach $127, e extend im 47% monthly rally as broader crypto markets dey recover. Optimism for spot Litecoin ETF approval—wey Bloomberg rate am 95% likely for 2025 and Polymarket rate am 81%—combine with record payment adoption (14.5% share for CoinGate) and MEI Pharma $100 million treasury allocation dey support bullish sentiment. On-chain metrics show network resilience with 340 million transactions processed and 12% happen this year. Technically, LTC break above symmetrical weekly triangle plus dey trade inside ascending channel above 20- and 50-day EMAs, e get support from bullish MACD crossover, RSI at 64, and upper Bollinger Band. Key resistance levels dey at $140 and possible $200 supply wall, while support zones dey around $110–$101. Traders suppose dey watch ETF approval developments and payment usage as catalysts for more Litecoin gains and crypto payments growth.

Analyst Mike Alfred dey project say Bitcoin price go rally reach about $312,000, based on past bull–bear cycle patterns. E talk say three historical peaks for 2014, 2018 and 2021 end with like 80%–84% declines, then e apply one 76% drop scenario, wey predict say after the peak e go correct reach about $75,000 come around 2026. Alfred no agree with people wey dey criticize say Realized Volatility models dey prove say $300K peak no go happen, e talk say volatility dey evolve in unpredictable way during big rallies. This Bitcoin price forecast show say high volatility fit happen going forward, wey fit get both trading opportunities near record high and risks for the crash after.

Democratic Rep Dina Titus don dey urge make CFTC investigate di nominee Brian Quintenz over im board role plus stock options for Kalshi, wey be CFTC-regulated prediction markets platform. One FOIA request show say Quintenz dey find competitive info about Kalshi rivals before dem confirm am. As some commissioners dey leave, Quintenz fit be di only person wey go dey make decisions, and dis fit cause wahala like conflict of interest plus market fairness concerns. Meanwhile, di CFTC don start one “crypto sprint” to allow spot crypto trading for registered futures exchanges. Dis initiative from di Working Group on Digital Asset Markets dey ask for public comment before August 18 about how Section 2(c)(2)(D) and Part 40 go take apply to spot crypto contracts. Acting Chair Caroline Pham wan fast-track federal spot crypto rules together with SEC’s Project Crypto. Crypto traders need dey watch di CFTC investigation plus di new rule-making as dem go affect prediction markets, event contracts, and overall compliance.

Ethereum don rally pass $3,700 for August 5 as 14 new whale wallets and big investors buy more than 856,000 ETH ($3.16 billion), while Strategic Ethereum Reserve’s AUM jump to $10.8 billion (2.45% of supply) in six weeks, SharpLink add 18,680 ETH. Despite this strong inflow, Ethereum dey face resistance around $3,800–$3,900 because of $129 million ETF outflows and wahala for macroeconomics. Key support dey for $3,650 (floor $3,620–$3,660), if e fall below, e fit cause short liquidations and drop go $3,580–$3,540. If e hold above, e fit trigger rebound go $3,730–$3,780; clear break pass $3,800 fit open road go $4,000. Traders still dey careful, but whale and big investors accumulation show say bullish momentum dey grow.

Afta US GENIUS Stablecoin Act no allow direct issuer interest, di yield-bearing stablecoins USDe an USDS don boom through staking arbitrage. USDe supply climb 70% reach $9.49 billion, USDS come up 23% reach $4.81 billion, make di total $14.3 billion for circulation. Investors dey stake sUSDe an sUSDS to get double-digit APY on USDe (10.86% APY, 8.16% real) an 4.75% APY on USDS (2.05% real), pass di 2.7% US inflation. Ethena’s ENA token rally near 60% as holders dey find protocol yields. USDe dey use ETH/BTC collateral an perpetual-futures shorts; USDS rely on overcollateralization an liquidity mining. Traders fit leverage sUSDe on Aave an compound returns on Pendle Finance, but liquidation risk high. Overall stablecoin supply don grow 23.5% dis year to $268 billion an fit near $300 billion. Risk factors dey include smart-contract complexity, DeFi liquidity conditions an regulatory tightening. Staking arbitrage still be key yield strategy for low-rate environment.

SEC Commissioner Hester Peirce dey urge make dem update di Bank Secrecy Act to strengthen financial privacy for crypto regulation. She criticize how BSA rules don old and di third-party doctrine wey dey allow una collect data without warrant and judicial oversight. Peirce use example of early telephone switchboards to show risk for privacy and highlight how Bitcoin, cryptography, zero-knowledge proofs and smart contracts fit help crypto remove middle-men and improve financial privacy. Industry experts like Peter Van Valkenburgh from CoinCenter and Nate Geraci from NovaDius praise dis speech as important defense for user data protection. Peirce talk say if dem modernize BSA e go balance financial privacy with community safety and prevent too much regulation wey fit kill innovation. Traders suppose dey watch for regulatory updates cos dis push for financial privacy reform and crypto disintermediation fit increase demand for privacy-focused protocols and affect how market see Bitcoin.

Bybit, wey be di world second biggest crypto exchange, dey go host mid-year live stream for August 6 by 08:00 UTC. CEO and co-founder Ben Zhou go talk about Bybit milestones for di first half of 2025 and show new plans. Main tins go talk about recent regulatory approval dem, product launches, and new CeDeFi experience. Traders go learn about spot market better tins, new crypto wealth management solutions, plus upgrades on Bybit Card and Bybit Pay. Zhou go also talk about new EU headquarters and preview summer roadshows for Europe and Asia. Di session get interactive Q&A plus chance to win part of 9,000 USDT giveaway. This live stream show how Bybit dey focus on security, transparency, and Web3 innovation for over 70 million users.

Crypto class-action wahala dem for di first half of 2025 don almost reach di total wey happen last year. Di big bodi dem include Bakkt, Coinbase plus Michael Saylor bitcoin investment vehicle. Bakkt dey face claims say dem break securities law plus say dem give false revenue tins after dem lose Webull and Bank of America as client dem. Coinbase get lawsuit for say dem nor talk true about bankruptcy risk, say dem break Biometric Information Privacy Act plus say data breach wey happen May 2025 fit cost dem like $400 million. Strategy dem talk say dem no talk true about their bitcoin strategy after dem buy BTC worth $765 million. LIBRA token project wey Argentina support dey face fraud claims after price crash. Small players like Pump.fun memecoin platform and Nike RTFKT NFT project dem sef dey face RICO and rug-pull wahala. This crypto class-action cases show say law and regulator dem dey watch crypto space well well. Traders suppose dey watch all dis cases well, because if di case long and penalty heavy e fit make market shake and affect token price.

SEC Commissioner Hester Peirce tok say regulator dem make dem protect crypto privacy an open-source developer dem for di Science Blockchain Conference. She talk say privacy tools like Tornado Cash no suppose hold users responsible for their bad things dem do, an she compare on-chain privacy to Fourth Amendment rights. Peirce also dash bad talk to Biden-era DeFi broker rules wey go make companies report counterparty data to di IRS, she warn say dis kin rule fit stop make new tins for DeFi an self-custody solutions. Dem dey make dis kind call now as Tornado Cash co-founder Roman Storm dey face trial for New York for money laundering, an fit get 40 years jail if e dem found guilty. Traders suppose watch dis regulator change well well to sabi how e fit affect privacy service an DeFi compliance.

Animoca Brands don showcase dia first open-market buyback for TOWER token to strong tower Ecosystem and prove say dem dey committed for Web3 gaming long term. Chairman Yat Siu yan for X say dis program go reduce how many tokens dey waka around, make users trust more, and put money back for marketing, community work plus in-game economies. After dem yan am, price of TOWER token climb over 60% one day reach $0.0007679, show say market support strong. Dis buyback no carry special shares for investors, e show Animoca plan to build sustainable on-chain economies using Free-to-Play and Play-to-Earn. Dis matter follow the one dem do for CTA token before and e set better example for other Web3 gaming projects. Traders suppose watch how TOWER token dey move and how people want am because buyback talk fit make price climb short term and show say ecosystem go grow in long run.

MicroStrategy don don double their Bitcoin (BTC) treasury since Trump win for November 2024. The company grow their Bitcoin holdings from 252,220 BTC to 628,791 BTC by adding 376,571 BTC over nine months. Last week, MicroStrategy file SEC document to buy 21,021 BTC for $2.46 billion at average price of $117,256 per coin. This na dem third biggest dollar purchase since 2018. Earlier post-election buys include 55,500 BTC ($5.4 billion) and 51,780 BTC ($4.6 billion). At Bitcoin price near $114,244, company reserve dey worth about $72.2 billion against cost basis $73,277. CEO Michael Saylor call Bitcoin “freedom virus” and plan to boost returns through credit instruments via their STRC vehicle. MicroStrategy report record $1 billion profit for Q2. Their Bitcoin reserve now represent about 3.16% of circulating supply, show their strong market influence.

LYNO AI don launch crypto presale for $0.05 per token. Traders done grab pass 143,000 out of di 16 million supply. Dis AI-driven cross-chain arbitrage engine dey scan more than 15 EVM-compatible networks like ETH, BNB, MATIC, ARB and OP. E dey offer decentralized smart-contract execution, flash loans, and staking rewards. Di $LYNO token get governance voting, profit share up to 60%, plus buyback-and-burn model. Partnerships wit LayerZero, Axelar (AXL) and Wormhole (WORM) dey improve cross-chain liquidity. Security na strong with multi-signature wallets, circuit breakers, zero-knowledge proofs and Cyberscope audit. Market people dey predict say returns fit reach 25x to 300x by end-2025. Wit solid community governance and institutional backing, LYNO AI stand gidigba among AI altcoins. Traders see am as high-potential bet for both short-term gains and long-term protocol growth.

Solana Mobile don start to dey ship their second generation Seeker mobile device go people for over 50 countries after dem collect more than 150,000 preorders. The Seeker mobile get one built-in mobile native crypto wallet plus decentralized DApp store wey fit bypass regular app-store wahala dem. Hardware-level security dey provided through one dedicated seed vault wey separate private keys and seed phrases commot from application layer. The Seeker device run on TEEPIN architecture, wey decentralize hardware validation, software checks, and app distribution. E dey available for $450 and $500, and this launch fit collect at least $67.5 million revenue for Solana Labs. Dem dey target developers and crypto lovers with this rollout, to reduce app fees and improve mobile NFT trade, DeFi access, and blockchain gaming.

Hong Kong new stablecoin regulation don start dey effective from 1 August, e require say all issuers wey dey target local retail customers for there must get license from Hong Kong Monetary Authority (HKMA). Under di regulation, issuers for hold minimum paid-up capital of HKD 25 million, make sure dem get 100% high-quality liquid assets as reserve, and allow one-day redemption at face value. Strict AML/KYC measures like five-year data retention, geo-blocking and cross-border compliance dey apply. Di law no gree make dem integrate with DeFi protocols, anonymous wallets, or market unlicensed stablecoins. HKMA go dey accept license applications till 30 September, and dem expect di first approvals for early 2026. Traders happy say rules clear to help boost antimoney laundering safeguards and build confidence for institutions, but critics talk say high entry barrier go favour banks and big companies, fit make on-chain liquidity scatter. For short term, reduced issuance and tighter trading spreads fit shake markets, but for long term e fit make liquidity shift to more lenient areas even tho institutional investors confidence go better.

San Francisco Fed President Mary Daly don talk say the Fed fit cut rate as e still dey this year, because labour market dey weak and inflation still steady around 2% target. She talk say two Fed rate cuts still fit be correct adjustment and she no rule out say more fit still happen before year finish. The FOMC decision go depend on the economic data wey dey come like job growth and price metrics. Four FOMC members wey dey now dey favour rate cut, but Fed go need three more votes if Chair Powell reject. Traders suppose dey watch labour reports and inflation indicators well well. Fed rate cuts fit affect risk assets, especially crypto market, by lowering funding costs and making investors want higher-yield digital assets more.

BitMine Immersion Technologies don buy 833,137 ETH (about $3 billion) for 35 days, dem don establish the biggest corporate Ethereum Treasury. The buy, wey investors Cathie Wood and Bill Miller III back, e happen for average price of $3,491.86 per ETH. Along with this record buy, BitMine approve $1 billion stock repurchase plan to strengthen their Ethereum-focused treasury strategy. The company shares don surge over 650% since June, showing say market confidence dey strong for their plan. BitMine move dey leverage Ethereum’s network upgrades and the growing DeFi ecosystem, e position the company as one big staking player. Analysts believe say this record-size Ethereum Treasury fit fit change DeFi protocols, strengthen staking pools and reduce circulating supply wey go affect both short-term volatility and long-term bullish momentum.

Binance don do their 31st Binance HODLer airdrop, dem dey give out Succinct network PROVE token to users wey stake BNB between July 18 and 22. PROVE allocations go land for spot wallet at least one hour before e list. PROVE deposit channel go open for August 5 by 12:00 (UTC+8), spot trade go start for August 6 by 01:00 (UTC+8) with USDT, USDC, BNB, FDUSD and TRY pairs under seed-tag rule. PROVE go first show for Binance Alpha information display before e move go mainstream spot market. This Binance HODLer airdrop dey try boost BNB staking incentives, extend DeFi involvement and spark price discovery. Traders suppose watch for short-term trade chance as dem dey list PROVE, because Binance HODLer airdrops usually dey drive token demand and good bullish momentum.

Robert Kiyosaki dey forecast say Bitcoin price go drop under $90,000 for August becos of di historical "August Curse" trend – on-chain data show say August price drop be 13% for 2022 and 11.3% for 2023. E talk say di possible price drop na because of global economic wahala, US public debt, policy palava and bank management gbege. Bitcoin price just peak for $123,000 and e dey trade around $115,000 now, wey give traders chance to buy for di middle of di wahala. Kiyosaki plan to double him holdings if di market fall pass 21%. Traders suppose make their own research, think about market conditions and risk tolerance, and see the predicted drop as better opportunity for long-term investment.