Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin mining difficulty don hit highest level ever of 127.6 trillion dis week, make average block time reach 10 minutes 20 seconds. CoinWarz data show say the jump follow middle of year low wey be 116.9T end of June. Analysts dey predict say Bitcoin difficulty go drop 3% go 123.7T for August 9 adjustment, wey go give miners small relief for short time. The difficulty adjustment dey reset every 2,016 blocks based on how network hashrate change: as hashpower go up, mining difficulty go increase; if miners waka commot, e go fall. With 94% of 21 million BTC don mine, Bitcoin stock-to-flow ratio dey near 120—twice as much as gold—show say e scarce. The coming drop fit lower mining cost small time, while the protocol’s adjustment mechanism keep block time steady and Bitcoin’s deflationary issuance schedule steady.

Shady crypto coins dey continue to make am under Token2049 platinum sponsorship even though dem get weak fundamentals. Investigator ZachXBT chook eye for five projects—SPACE, JU, WEEX, DWF and Bitunix—wey no get verifiable audits, real utility or governance. Dis kain shady crypto coins dey depend on speculative trading, low liquidity and aggressive marketing to keep di hype. Anonymous teams and unclear exchange listings dey increase risk of manipulation. Past failures like JPEX and HyperVerse show how event sponsorship fit cover rug pulls and cause heavy losses. Traders suppose dey watch out for red flags like missing audit reports, poor tokenomics and limited liquidity. Use on-chain analytics, diversify portfolios and check regulatory compliance to reduce exposure to scams.

For sharp market crash, di address 0x0558 comot all im ETH long position finish, also e part liquidate im leveraged BTC long positions. Now e hold 640 BTC longs wey value reach $72.3 million. The profit for the BTC longs dem fall from plus $18 million to around $494,700 within five days, e show say high leverage get risk when market dey volatile. This forced liquidation show why e good make person dey serious for risk management and set tight stop-loss orders when you trade with leverage. Even though 0x0558 comot for ETH, e still hold BTC show say e get faith for Bitcoin long-term potential.

Shiba Inu (SHIB) celebrate im fifth anniversary wit wan big deflationary token burn move, wey dem burn over 410 trillion tokens—41% of e og original 1 quadrillion supply, plus Vitalik Buterin’s 2021 removal of 410T SHIB. Data from Shibburn show sey burn rate recently don increase 5,809% (up 1,720% weekly), even wit market general downturn and price fall. Community-led token burn campaigns and ecosystem upgrades—like ShibaSwap DEX, Shiba Eternity game and Shibarium Layer-2 chain—dey try tighten supply, boost scarcity and grow long-term value. Growing long-term holders ratio and active burn events show sey ecosystem still get strong support. Crypto traders suppose keep eye on supply contractions and platform utility expansions as possible bullish signs for Shiba Inu price movement.

China crypto liquidation wey dey pass through Hong Kong licensed exchanges go carry plenty liquidity enter the global Bitcoin market. Under 2022 Anti-Money Laundering Ordinance amendment plus di coming 2025 LEAP Digital Assets Policy Statement 2.0 and Stablecoin Ordinance, Hong Kong go join their licensing together, strengthen AML control dem, and regulate fiat-backed tokens. By converting China seized virtual currencies into market liquidity, regulators fit stabilize price and influence supply–demand balance. Compared to Singapore wey small scale and Dubai wey get scattered rules, Hong Kong direct access to China digital asset reserves dey give am better chance to attract big institutional money and push Web3 innovation. Traders suppose adjust their risk management plus compliance strategies to handle increased regulatory watch and possible price movement wey fit come from strategic liquidity flows. To dey updated on changing policies about China crypto liquidation and Hong Kong regulatory framework na key to manage future market changes.

CoinShares latest TAM model show say Bitcoin price fit jaga plenty tins through targeted market penetration. Di report find say if Bitcoin fit capture 2% of global M2 liquidity (US$127.3 trillion) and 5% of di US$23.9 trillion gold market, e fit push Bitcoin go US$189,000. Dat one show say e go rise about 65% from di current US$114,800. CoinShares talk say Bitcoin dey grow utility and adoption, so e no need fully replace fiat reserves or corporate treasuries. Small small market share gains still fit make better value growth. For traders, dis price projection mean say strong bullish outlook dey and e show how Bitcoin dey expand im role for corporate and reserve portfolios.

Eric Trump don urge crypto investors make dem "buy the dip" for Bitcoin and Ethereum, e start by retweet im February message on August 2 before e talk am again as tariff wahala make crypto market shake. Him personal portfolio get BTC, ETH, SOL, and SUI. Trump family American Bitcoin mining company get 215 BTC, plus their DeFi business, World Liberty Financial, don buy 77,226 ETH at average price $3,294, with unrealized profit of $41.7 million. As we dey press time, Bitcoin dey trade around $113,500 and Ethereum near $3,500. Trump support show say institutional interest dey grow and fit be signal for bullish move wey fit make short-term buying chance show for ongoing market wahala.

BitMEX co-founder Arthur Hayes make quick quick sell for altcoin worth $13.5M inside six hours, e drop 2,373 ETH, 7.76 million ENA and 38.87 billion PEPE. E talk say the impending US tariffs, slow credit growth after nonfarm payrolls, and geopolitical tension na wetin cause am. Hayes dey expect Bitcoin to fall back reach $100,000 and Ethereum to go down $3,000. For the last 24 hours, BTC drop from $120,000 to $113,000, ETH also fall under $3,500 (-2.8%). On-chain data show another big whale move over $90M ETH enter exchanges, but big investor SharpLink add 14,933 ETH (~$52.6M), make e holdings enter 464,209 ETH. Dis kain altcoin sell and strategy accumulation show how market dey shake and how traders dey sensitive to big macro issues.

Binance don list FUN/USDC trading pair, e mean say you fit dey do spot trading of FUNToken against USDC stablecoin. Dis move go boost market liquidity, make price stable, and e go align FUNToken with top exchange standards. By pairing FUNToken with USDC, traders fit protect demself from wahala of market volatility, run precise trading strategies and get access to deeper order books for the biggest crypto exchange for dis world. With more than 100,000 on-chain holders, FUNToken wan expand im global reach and build a reliable, scalable ecosystem for both retail and institutional users for Web3 gaming and on-chain engagement.

Trump Media & Technology Group don report say dem get total assets worth $3.1 billion for Q2 2024, increase by 18% from last quarter and nearly 800% from last year. The big rise come from one smart Bitcoin reserves plan wey now dey 65% of their portfolio with $2 billion holdings. Dem raise $2.4 billion for im Bitcoin vault, making dem one of the biggest publicly listed Bitcoin holders. For Q2, Trump Media make their first positive operating cash flow of $2.3 million, showing better operational work. Plus, the group file many crypto ETF registration statements for Bitcoin, Ethereum and other top digital assets funds, showing say dem dey push into regulated digital-asset products. Traders suppose watch the waka of corporate Bitcoin reserves, ETF approval progress and cash flow milestones as dem be signs of market feeling and institutional crypto adoption.

Ethereum daily active addresses don rise from 841,100 to pass 931,000, wey mark one year and near two year high. On-chain data from Santiment and Sentora talk sey the metric don break pass e 600,000 consolidation level. Before, when Ethereum daily active addresses spike, e dey usually show sey yawa fit gas come. After the last increase, ETH price drop small like 3.5% go about $3,650. Meanwhile, Glassnode talk sey USDT 30-day moving average transfer volume don recover reach $52.9 billion. Even with the bounce back, Ethereum dey behind Tron (TRX) and BNB for stablecoin flows. Traders suppose dey watch Ethereum daily active addresses and USDT transfer volume as signs for market momentum and trading chances.

Nasdaq-listed Mill City Ventures III don agree for $500 million equity line wit Alliance Global Partners to expand im SUI token treasury. Dis na follow for the $450 million institutional raise for August dat fund di purchase of 76.2 million SUI tokens. Di company go put 98% of di new money for im SUI treasury and 2% for im lending operations. Di equity line, wey Sui Foundation back, dey aim to make Mill City di first institutional-grade SUI treasury. Di announcement make MCVT shares drop 11.4% to $4.91, wit more loss for after-hours trading, even as di stock don rise 165% since dem launch di SUI treasury strategy for July. Meanwhile, SUI price drop 2.4% to $3.50 because of market weak. Institutional investors like Pantera Capital, Electric Capital, ParaFi and FalconX support di earlier raise, wit Galaxy Asset Management dey manage assets. Mill City move show say public companies dey diversify their crypto treasuries apart from Bitcoin and Ethereum by adding token dem like BNB, SOL and XRP.

Ethereum whale wey get 0xF436 don withdraw total of 24,765 ETH (like $89 million) from exchanges for two waves: 14,520 ETH for nine hours, then 10,245 ETH for the last eight hours. Dis big ETH gathering dey reduce available supply, e mean say people dey get more positive mind for Ethereum and price fit go up. Traders dey see dis whale activity as strong market sign wey fit make plenty people and big institutions start to buy and e fit help calm the volatility. But if the whale change im mind, e fit cause sudden selling. Overall, 0xF436 steady withdrawal of ETH show say institutions get confidence for Ethereum middle to long term outlook, e dey support the bullish trend.

Spot Bitcoin ETFs record one $812 million net outflow for August 1, na which be their second-biggest withdrawal for one day, e push asset wey dey under management go down to $146.48 billion (6.46% of Bitcoin market cap). Big redemptions hit Fidelity's FBTC and ARK Invest's ARKB, even as trading volumes remain strong at $6.13 billion. Spot Ether ETFs stop 20-day inflow streak with $152.3 million outflows, reduce AUM to $20.11 billion (4.70% of Ether market cap). Meanwhile, corporate treasuries don dey gather Ether at twice the speed of Bitcoin since June, get about 1% of ETH circulating supply. Analysts talk say despite short-term profit-taking and ETF outflows, steady institutional demand and DeFi incentives fit support long-term growth for Bitcoin ETFs and Ether ETFs.

Binance Alpha go list DarkStar (DARK) for 4th August, e go put the token inside Binance Wallet make e easy to trade on-chain. Binance Alpha na launchpad wey dem dey pick the best early crypto projects based on how community dey engage, latest trends, new technology and clear roadmap. With DARK listing, millions of users go fit access am directly, get better liquidity and price discovery pass decentralized-only platforms. Traders no need to worry about cross-chain wahala or complex wallets again – dem fit use DARK directly for Binance Wallet. Even though early projects get high risk and volatility, Binance Alpha vetting process go make am credible and reduce wahala for adoption. Investors suppose do proper research, start small, dey check how community dey, and dey follow official news and market vibes.

BitMEX co-founder Arthur Hayes don sell crypto worth $13.35M, him sell 2,373 ETH, 7.76M ENA, and 38.86B PEPE for top exchange dem. Arthur Hayes dey warn say this crypto sell-off no finish, e talk say Bitcoin (BTC) fit try touch $100,000 again and Ethereum fit fall go $3,000 because credit growth slow, US tariff bill don expire, and nominal GDP weak. For 24 hours, ETH drop 5% to under $3,600, ENA and PEPE reduce about 2% after ENA sharp rise of 40% reach $0.70 because of USDtb stablecoin launch and $260M buyback. Friday drop, wey new US tariffs and Bitcoin drop to $113,000 cause, make people fear risk. Crypto traders suppose prepare for more market wahala as this bearish view fit spoil short-term confidence.

ARK Invest don increase im stake for crypto equities from August 1–2. On August 1, Cathie Wood team add $29.8M worth Coinbase shares plus $17.1M for Bitmain infrastructure assets. The next day, their main funds ARKK, ARKW and ARKF buy 94,678 Coinbase shares (~$35.8M) and 540,712 BitMine (BMNR) shares (~$18.7M). These two moves show say ARK Invest get strong belief for regulated exchanges and crypto infrastructure. Traders fit see this extra Coinbase exposure as bullish sign for crypto stocks as digital asset adoption dey grow. Risks dey like market volatility, regulatory wahala and competitive pressures.

On August 1, U.S. spot Ethereum ETFs register combined net outflow of $152.26 million—third biggest single-day redemption since launch. Na lead di spot Ethereum ETF outflows na Grayscale mini ETH ($47.68M) and Bitwise ETHW ($40.3M), followed by Grayscale ETHE, Invesco QETH, Fidelity FETH, Franklin Templeton EZET, VanEck ETHV and ARK 21Shares CETH. Dis Ethereum ETF outflows na show say profit-taking dey after recent ETH gains, big holder portfolio rebalancing and regulatory uncertainty dey continue. Some investors dey shift to direct ETH holdings or DeFi staking for better yields and lower fees. Di surge for ETF outflows fit put short-term pressure make ETH prices go down as managers dey sell underlying assets, but deep market liquidity and ecosystem maturity fit help soften the movement. Traders suppose treat spot Ethereum ETF outflows as normal liquidity cycle, like wetin dem dey see inside Bitcoin ETFs. To manage dis volatility, keep your eye for long-term growth drivers of Ethereum—network upgrades, institutional adoption and staking demand—diversify between direct crypto and ETF exposure, and use risk management tools like stop-loss orders. Watching fund flows and regulations go help know when future ETF inflows or outflows fit happen.

For August 2, di Bitcoin Fear and Greed Index drop from 65 go 55, e mean say market mind don change be say e dey neutral now. Over di past 24 hours, di index fall by 10 points, but di 7-day and 30-day average still dey 69 and 71, wey show say di market still get strong feeling for better price. Di Bitcoin Fear and Greed Index mix six metrics wey carry different weight: volatility (25%), trading volume (25%), social media feeling (15%), market survey (15%), Bitcoin dominance (10%), and search trend (10%). When e reach neutral for 55, e fit mean say market dey chill and settle. Traders fit use dis index with technical indicators plus volatility analysis to sharp their timing for trade plus manage risk well.

Baby Capital don sign term sheet wey worth $100 million to take control stake for Nasdaq-listed ATA Creativity Global, including $30 million new shares plus $70 million warrants. Once dem close the deal, Baby Capital go appoint three new board members as ATA dey shift to BTCFi services. This deal go carry cooperation with Babylon protocol join—wey dey secure over 45,000 BTC and $5 billion TVL—make dem fit put Bitcoin staking inside DeFi. ATA Creativity go still buy Baby tokens and start ongoing token buybacks plus stock issuances. This merger na bridge between traditional markets and crypto DeFi, e go give traders regulated way enter BTCFi and token investments. Traders suppose dey monitor listing plans, token acquisitions, and governance updates for market impact.

Shiba Inu price drop almost 5% even as dem burn record 600 million tokens inside 24 hours and burn rate rise 16,700%. Dis show say Shiba Inu burn no guarantee say price go hold quick quick. Toncoin still dey range dey under $3.35 Fibonacci resistance. If e break $3.29 support, e fit drop to $3.26, but if e bounce pass $3.36, e fit target $3.42. For another side, BlockDAG presale don raise $358 million through selling 24.6 billion tokens. The campaign gather over 4,500 developers for 300 Web3 projects. BlockDAG token price for presale na $0.0016, and dem fit see serious price jump to $0.05 once e list. Traders make dem dey watch token burns, important Fibonacci levels for TON, and BlockDAG presale milestones for trading signals.

Coinglass data dey show say Bitcoin liquidation intensity don rise from estimated $609 million for $114K support level and $74 million for $116K resistance go potential $3.5 billion for updated key thresholds. If e drop below $112K, e fit trigger $1.09 billion long liquidations, meanwhile if e rally pass $116.7K, e fit force $2.5 billion short liquidations. Dis clusters of pending forced close orders dey show say volatility dey rise for major centralized exchanges. Traders suppose dey watch $112K, $114K and $116.7K zones, adjust their stop-loss orders, and manage margin risk well. Real-time Bitcoin liquidation intensity fit help predict sudden price swings and improve trading strategies.

For di last 24 hours, crypto futures liquidation don clear $474.32 million for leveraged positions inside major tokens, with Ethereum (ETH) dey lead at $267.94 million (88.76% long), Bitcoin (BTC) at $164.38 million (93.99% long) and Solana (SOL) at $41 million (90.01% long). Dis surge for crypto futures liquidation show say market get serious wahala plus di risk wey dey come with too much leverage. Perpetual futures contracts wey no get expiry dey increase both gains and losses. Sharp price waka pass margin requirements, wey cause automatic liquidation and chain reaction selling. Di heavy lean towards long liquidation show say people get too much confidence and dem no hedging well for downside. To manage liquidation risk, traders suppose use leverage wey make sense, set stop-loss orders, hold enough margin, and diversify their positions. Constant market analysis, including major support and resistance levels, fit still protect capital and help dem waka for volatile movements.

Di recent Ethereum whale grab wey get 79,461 ETH (like $299 million) hapun for three days, dem also buy big 16,495 ETH from Galaxy Digital. This kain Ethereum whale grab don bring down the whale average price reach $3,763 per ETH but e show say dem never make profit cos market dey shak shaky, dem get loss of $22 million for now. Big chain move like this show say institutions dey get more interest as network prepare new upgrades. Traders fit see this big ETH buy as good sign for short time gain but if market liquidity low or dem start to liquidate, market fit correct. E good make person dey watch chain moves and whale pattern plus the fundamental things to sabi when to enter and exit well and manage risk for portfolio.

Coinbase go stop Function X (FX) trading for August 15 by 2 PM ET. The FX trading suspension na e follow because Function X team don pause their smart contract for the exchange. Coinbase go stop FX deposits, withdrawals, and trades until dem unpause the contract. Traders suppose expect less liquidity for FX and adjust their positions well well. The pause show how smart contract wahala fit disturb crypto trading and affect market liquidity. Market people suppose dey watch for contract reactivation info from both Coinbase and the Function X team to resume normal FX trading.

For August 2, monitoring data show say one crypto whale don increase e ETH short to 11,111.11 ETH and also open BTC shorts at the same time, push im total short portfolio pass $168 million. The combined unrealized profit on these BTC and ETH shorts reach $5.86 million—with $3.24 million come from the ETH short alone—this one dey reflect strong bearish sentiment. Traders wey dey watch this crypto whale fit use ETH short and BTC short movements as early signs of potential price corrections. To include whale data into wider analysis dey help make risk management better when volatility dey high.

SharpLink Gaming don continue dey follow dia institutional ETH accumulation strategy by deposit $108 million USDC enter Galaxy Digital. Di company quick quick use part of di money buy 14,933 ETH for average price $3,550. Di rest $55.6 million USDC na to save for future Ethereum buys. Since June, dis kain MicroStrategy style approach don boost SharpLink reserves to 464,000 ETH. For cost basis $3,029 per ETH, di position now worth $1.62 billion, get unrealized gain of $214 million. On-chain analytics dey show say di disciplined ETH accumulation mean say institution dem dey get more demand and trust for Ethereum. Traders suppose dey watch on-chain flows and unrealized gains as signs for short-term price ground and long-term market support.

Altcoin Season Index dey 37 mean say e still be Bitcoin Season wey dey run. The index dey track how top 100 cryptocurrencies take perform against Bitcoin for 90 days, e no go count stablecoins and wrapped tokens. Score 37 mean say less than 25% of altcoins don perform pass BTC, e show say Bitcoin dominance dey rise. This Altcoin Season Index update dey show how macroeconomic wahala, the upcoming Bitcoin halving, plus how institutions dey adopt Bitcoin through spot ETFs dey push money go Bitcoin. Traders dey face more risk for altcoin trade under these conditions. Market cycles talk say altcoin rallies usually follow times when Bitcoin just dey consolidate. If you dey watch Bitcoin dominance, how institutions dey put money in, and innovations for the sector, e fit help you predict the next altcoin season. Recommended strategy na to focus on blue-chip altcoins wey get strong fundamentals, use dollar-cost averaging, plus rebalance portfolios toward Bitcoin or stablecoins. You gats manage risk well and think long-term during this current Bitcoin Season.

Nvidia don talk say their H20 AI chips get backdoor, as dem respond to cybersecurity investigation wey China Cyberspace Administration (CAC) dey do and also matter wey US lawmakers dey look into. After dem get US government approval for July to start to export H20 AI chips again, Nvidia meet with Beijing officials on July 31 to yan about concerns on tracking, geolocation, and remote shutdown functions. CAC ask for detailed documents about any possible weakness and past allegations about tracking inside the H20 AI chips. US Senators like Tom Cotton and Representative Bill Foster don raise questions on export controls and mandatory security measures for advanced semiconductors. Nvidia talk say their H20 AI chips no get any secret access or remote access capability. This matter show how tension between US and China dey increase over AI semiconductors and e show say transparent security standards dey important for global chip trade.