Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Harvard University’s endowment manager has boosted its holding in BlackRock’s iShares Bitcoin ETF (IBIT) by adding $116 million, lifting its position to 1.9 million shares. Brown University also doubled its IBIT stake to 212,500 shares (approximately $13 million). This surge in institutional demand comes as IBIT remains the fastest-growing spot Bitcoin ETF, with assets under management surpassing $80 billion and total holdings near 706,000 BTC. Despite a recent 1.05% dip to $66.13 per share and four consecutive days of net outflows, spot Bitcoin ETFs recorded $403 million in inflows over three days—$360 million of which went into IBIT—with weekly net inflows of $246 million. Analysts say renewed ETF interest could help Bitcoin recover toward $77–$80 if market conditions improve.

Ripple has agreed to acquire Rail, a Toronto-based payments infrastructure provider, for $200 million pending regulatory approval, with close expected in Q4 2025. The deal integrates Rail’s real-time API-driven platform, virtual accounts and automated back-office systems into Ripple Net. It brings over 12 banking partnerships, 60+ financial licenses and integrated compliance protocols. Businesses gain a single interface for cross-border pay-ins, third-party payouts, internal treasury transfers and 24/7 stablecoin payments—without holding crypto on their balance sheets. Rail is projected to handle more than 10% of the $36 billion global B2B stablecoin payments market in 2025. The acquisition strengthens Ripple’s stablecoin infrastructure and supports its RLUSD and XRP offerings. This move enhances this stablecoin infrastructure and aims to expand enterprise adoption and deliver compliant, scalable solutions to financial institutions worldwide.

President Trump has signed an executive order directing the Labor Department to review and ease regulatory risks around alternative assets in 401(k) and other retirement plans, including private equity, real estate, commodities and cryptocurrencies. Agencies including the SEC and Treasury have 180 days to propose new guidance or safe-harbors under ERISA and adjust qualified investor standards, aiming to clarify fiduciary duties for plan sponsors. Crypto traders responded to early reports by driving Bitcoin up nearly 3% and Ethereum up 6%, though gains were later pared. While brokers must build costly infrastructure and the rollout may be slow, the order opens the door for potential inflows from over $9 trillion in U.S. retirement savings. A second order targets “debanking,” instructing the Treasury to curb politically motivated bank service denials. Expanded 401(k) crypto access could deliver long-term upside for digital assets.

Binance has partnered with Spain’s BBVA to offer a regulated crypto custody solution. Under the agreement, BBVA will hold client assets off-exchange in U.S. Treasuries to reduce counterparty risk. This crypto custody arrangement separates asset storage from trading and complies with EU MiCA rules. Binance will accept these holdings as collateral for trading and has launched instant crypto-to-fiat withdrawals via Mastercard for European users. BBVA, the first major Spanish bank approved by the CNMV, already offers Bitcoin (BTC) and Ethereum (ETH) services on its mobile app, advises private banking clients to allocate up to 7% to digital assets, and plans a wider rollout. The partnership follows Binance’s record $4.3 billion US fine and aims to rebuild investor trust. It signals growing institutional acceptance and is expected to boost market confidence in secure digital asset management.

Vitalik Buterin endorses the expansion of Ethereum treasury services that hold ETH on behalf of institutional and retail investors. As interest in Ethereum treasury grows, the sector now holds about $11.8 billion in ETH, led by BitMine Immersion (833,000 ETH), SharpLink Gaming ($2 billion) and The Ether Machine ($1.34 billion). He says these services lower barriers to ETH adoption, especially for those unfamiliar with digital wallets, and notes that top treasury firms have shown greater resilience than past failures like Terra. However, Buterin warns of leverage risk: over-leveraged positions could trigger gradual price declines amid crypto volatility—Bitcoin has fallen over 60% and Ethereum over 80% in past bear markets. He urges companies and the community to adopt robust financial practices and limit leverage to ensure sustainable growth.

RUVI token demand surged after its CoinMarketCap listing, propelling an accelerated presale that has raised over $2.8 million. In Phase 2, 220 million RUVI tokens sold out at $0.015, reaching 80% completion. Phase 3 opens at $0.020 per token, a 33% price increase, with the final presale price set at $0.070. The token underpins an AI super app serving the $100 billion creator economy. Features like real-time trend research, AI-generated scripts, and integrated media tools link platform use to token transactions, driving sustained demand. Partnerships with WEEX exchange ensure global access and liquidity. Audited by Cyberscope, smart contracts provide transparency and security. Early participants may secure up to 100x returns. This mix of utility-driven growth, credible audits, and exchange support positions RUVI as a notable bullish catalyst and long-term contender to challenge AVAX.

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly dismissed all appeals in the XRP lawsuit, ending a four-year legal battle that began in December 2020. The conclusion of the XRP lawsuit follows a March 2023 ruling by Judge Analisa Torres—affirmed by the Second Circuit in July—that programmatic XRP sales on public exchanges are not securities, while institutional sales violated law. Ripple will pay a $125 million civil penalty and comply with an injunction to prevent future breaches. With the final appeal withdrawn, XRP secondary-market trading resumes without legal uncertainty. XRP price jumped about 10% to $3.31, and traders are likely to watch shifts in trading volumes and price trends. The resolution provides clear regulatory guidance and may influence future SEC enforcement and cryptocurrency regulation.

Standard Chartered, Web3 investor Animoca Brands and telecom leader HKT have launched a joint venture, Anchorpoint Financial, to apply for a Hong Kong stablecoin license. The firm submitted its application to the Hong Kong Monetary Authority (HKMA) on August 1 under the new Stablecoin Ordinance that mandates strict reserve management, transparency and audit requirements for fiat-backed tokens. Anchorpoint Financial combines Standard Chartered’s note-issuing bank status with Animoca Brands’ blockchain expertise and HKT’s telecom infrastructure. Having joined the HKMA sandbox in February, the venture aims to issue a licensed HKD stablecoin as part of Hong Kong’s mainstream financial ecosystem. The license is expected by 2026, ahead of full framework enforcement. The move follows Standard Chartered’s launch of institutional spot trading desks for Bitcoin (BTC) and Ethereum (ETH) last month. With major players like JD.com and Ant International also eyeing a Hong Kong stablecoin license, the push for a Hong Kong stablecoin license highlights growing institutional interest in regulated digital assets.

After a week-long deliberation, a US jury convicted Roman Storm, co-founder of the Ethereum-based crypto mixer Tornado Cash, of operating an unlicensed money transmitting business. Jurors remained deadlocked on additional counts of money laundering conspiracy and sanctions violations linked to North Korea, resulting in a hung jury on those charges. Storm’s sentencing date is pending, and prosecutors may retry the unresolved counts. This verdict underscores escalating crypto regulation and compliance risk for privacy-focused DeFi platforms, setting a potential precedent for enforcement actions against mixing services. Traders should track Tornado Cash’s legal outcomes and adjust their risk exposure accordingly.

The Winklevoss Twins have invested $220 million in BTC into American Bitcoin Corp, a Trump-linked Bitcoin mining venture co-owned with Hut 8 and American Data Centers. The joint venture began operations in March with an 80/20 ownership split and is focused on Bitcoin mining and holding. American Bitcoin Corp plans to go public via an all-stock merger with Nasdaq-listed Gryphon Digital Mining (ticker ABTC). Shareholders will vote on the deal in early September. The combined company aims to scale mining operations and build a long-term Bitcoin reserve from its own production. The oversubscribed private placement, paid entirely in Bitcoin through Gemini, underscores growing institutional confidence and political support for Bitcoin mining. This high-profile partnership deepens ties between the Winklevoss Twins, the Trump family, and key regulators, reinforcing bullish sentiment for Bitcoin.

Chainlink has deployed an on-chain LINK Reserve contract to boost token liquidity and strengthen network growth. The LINK Reserve uses Payment Abstraction to auto-convert enterprise revenue, subscription fees and DeFi service payments—such as per-call CCIP, VRF and Automation fees—into LINK. Users can pay in stablecoins, gas tokens or other assets, with all payments swapped into LINK via Chainlink Automation or Uniswap V3. Since launch, the LINK Reserve has accumulated over $1 million in LINK, with no withdrawals planned in the near term. An open analytics dashboard provides real-time reserve tracking. Following the announcement, LINK’s price rose above $19.30 and large wallets holding 100,000–1,000,000 LINK increased by 4.2% after price gains above $18.40. By locking revenue streams into LINK, Chainlink reduces selling pressure, tightens LINK supply dynamics, and may bolster market confidence as enterprise adoption and DeFi integrations grow.

Union Jack Oil plans to power Bitcoin mining at its West Newton A site using stranded gas. The UK-listed energy firm has signed a non-binding letter of intent with site operator Rathlin Energy and gas-to-power specialist 360 Energy. They will deploy modular equipment to convert flared gas into electricity for Bitcoin mining rigs. Faced with regulatory delays, this pilot generates interim revenue and may allow Union Jack to hold mined BTC as part of its treasury strategy. The initiative monetizes stranded gas, cuts emissions, and offers a sustainable mining solution. It reflects a broader trend of modular Bitcoin mining in the oil and gas sector and could influence future natural gas projects.

Binance founder Changpeng Zhao has filed a motion in Delaware bankruptcy court to dismiss a $1.8B FTX lawsuit, citing improper service and lack of jurisdiction. He argues the FTX lawsuit relies on extraterritorial claims and notes that all transactions were processed through Binance entities in Ireland, the Cayman Islands, and the BVI. CZ asserts he was only a nominal signatory, never holding control of the transferred crypto, and denies his X posts selling FTT caused FTX’s collapse. If dismissed, the suit could set a key precedent on Delaware’s authority over foreign crypto executives and cross-border bankruptcy claims. Traders should monitor the case for its implications on Binance’s legal exposure, potential asset recovery practices, and broader crypto litigation risks.

The Satoshi Nakamoto statue was stolen overnight from a public park in Lugano, Switzerland. The theft of the Satoshi Nakamoto statue, designed by Valentina Picozzi, marks a bold art heist: the faceless stainless steel sculpture took 18 months to conceive and three months to build. Unveiled in October 2024 as part of the city’s Plan B initiative with Swiss-Tether, the statue anchors Lugano’s ambition to become a cryptocurrency hub. Thieves removed the steel mounting plates without triggering security cameras, leaving only an empty platform. Speculation that the statue was dumped into Lake Ceresio led volunteer divers to search the water, but no trace was found. Local police say they may inspect the lakebed for evidence. Art collective SatoshiGallery has offered a 0.1 BTC reward for information leading to its recovery and affirmed plans to install similar symbols in 21 cities worldwide.

Little Pepe’s memecoin presale has surged through nine stages, raising $15.3 million and driving the token price up 80% to $0.0018. Built on a custom Layer 2 blockchain, the project offers fast transactions, low fees and an anti-sniping Launchpad for new token listings. To date, over 10.6 billion LILPEPE tokens have been sold, securing investors a projected 66.7% return when the price hits the planned $0.003 listing. Little Pepe’s smart contract has passed two independent audits—CertiK (95.5%) and Freshcoins.io (81.55 trust score)—adding credibility to the memecoin presale. Analysts forecast a $1 target by Q4 2025 as community growth and exchange listings build momentum. A $777,000 giveaway has drawn 173,000 participants, further boosting market attention. With robust technology, strong audit results and solid presale performance, Little Pepe positions itself as a bullish opportunity for crypto traders.

Two Seas Capital, which holds roughly 6.3% of Core Scientific, will vote against CoreWeave’s $9 billion all-stock acquisition bid, arguing it undervalues the AI compute firm and exposes shareholders to CoreWeave stock volatility without downside protection. The CoreWeave acquisition bid, first pursued in June to lease Core Scientific’s data centres, triggered a 30% plunge in Core Scientific shares, though they rallied 3% on news of the opposition. Valued at $58.1 billion versus Core Scientific’s $4.3 billion, CoreWeave’s plan must clear a shareholder vote at the upcoming meeting. Founded as a Bitcoin miner and going public at $4.3 billion in January 2022 before pivoting to AI infrastructure post-bankruptcy, Core Scientific may still attract a merger if fair-value terms and stronger safeguards are offered. The contested CoreWeave acquisition underscores rising shareholder activism in AI infrastructure M&A, with potential implications for crypto mining and AI compute sector valuations.

Parataxis, a Bitcoin asset manager, is going public via a SPAC merger with SilverBox Corp IV. The transaction will raise up to $640 million in gross proceeds—$240 million from the SPAC trust and up to $400 million through a PIPE facility—to fund its Bitcoin treasury strategy. At closing, the combined entity, Parataxis Holdings, will list on the NYSE under the ticker PRTX at an implied equity value of $800 million based on $10 per share. An initial $31 million of the proceeds will be used to purchase Bitcoin, supporting Parataxis’s long-term BTC accumulation and yield strategies within an institutional framework. CEO Edward Chin said the deal enhances institutional credibility and will finance expansion into South Korea via Parataxis Korea, backed by its investment in Bridge Biotherapeutics. The move follows a wave of crypto IPOs and SPAC deals, including Circle’s IPO, ProCap’s NASDAQ debut, and Grayscale’s planned listing. Since June, Parataxis’s shares have risen 4.5-fold. SilverBox Corp IV traded flat at $10.60 on close, rising 1.7% postmarket to $10.78. This SPAC merger underscores growing institutional interest in Bitcoin and may boost market optimism.

SBI Holdings has filed applications with the Tokyo Stock Exchange to launch Japan’s first Bitcoin-XRP ETF and a Digital Gold Crypto ETF. The Bitcoin-XRP ETF will give institutional and retail investors regulated exposure to Bitcoin (BTC) and XRP. The Digital Gold Crypto ETF allocates 51% to gold-backed ETFs and 49% to major cryptocurrencies to hedge volatility. These filings align with Japan’s Financial Services Agency revising crypto regulations under the Financial Instruments and Exchange Act to streamline approval and tax processes. The Bitcoin-XRP ETF could boost institutional participation and liquidity in Japan’s digital asset market. Meanwhile, Hong Kong authorities are preparing to grant stablecoin licenses to select issuers, potentially including offshore renminbi-backed tokens. These developments may further integrate regulated crypto solutions across Asia.

Binance co-founder Changpeng Zhao (CZ) has filed a motion in the U.S. Bankruptcy Court in Delaware to dismiss the $1.8 billion FTX lawsuit, arguing the court lacks jurisdiction. CZ resides in the UAE and says the 2021 equity buyback with FTX was conducted solely through entities in Ireland, the Cayman Islands and the British Virgin Islands. His legal team maintains he was only a nominal counterparty and never controlled or received FTT or BUSD tokens. Former Binance executives Samuel Lim and Dinghua Xiao have also moved to dismiss their involvement. Meanwhile, the FTX trustee has returned about $6.2 billion to creditors in two distribution rounds, with the next batch scheduled for September 30, 2025. Crypto traders should watch how the court’s jurisdiction ruling could affect the FTX lawsuit and market confidence.

Brazil’s House of Representatives will debate a Bitcoin reserve bill on August 20. The legislation would allocate up to 5% of national treasury funds (about $15 billion) to Bitcoin. Proponents say the Bitcoin reserve would shield foreign exchange reserves from currency volatility and geopolitical risks. A scheduled hearing will feature the Central Bank, the Finance Ministry, crypto advocacy groups, fintech firms and major banks. Supporters argue the reserve will bolster economic resilience, promote blockchain adoption and drive institutional investment. Opponents, including the central bank’s monetary policy director, warn that adding crypto assets to state reserves is risky. If passed by both chambers and signed by President Lula, Brazil would join other countries exploring sovereign Bitcoin reserves — a shift that could boost market confidence and reshape global crypto markets.

Spot Bitcoin ETFs saw three consecutive days of net outflows as prices retreated from July highs. BlackRock’s IBIT led the sell-off with a $292.5M withdrawal, the largest since May. Fidelity’s FBTC and Grayscale’s GBTC lost $40M and $10M respectively, while Bitwise’s ETF attracted $18.7M. Weekend selling sent Bitcoin down 8.5% from its July 14 peak, dipping to $112,300 before recovering to around $115,000. Spot Ethereum ETFs also recorded record outflows, with $465.1M withdrawn in one session, led by BlackRock’s ETHA. Despite the recent pullback, July inflows remained robust. IBIT gathered $5.2B for the month, and digital assets drew $60B year-to-date, according to Bloomberg and JPMorgan. Spot Bitcoin ETFs have compressed 90-day volatility from over 60 to below 40, creating a more stable market. Traders should watch Bitcoin ETF flows closely. Persistent outflows may dampen short-term sentiment, while lower volatility and sustained institutional interest support long-term accumulation.

US spot Ethereum ETF outflows hit a record $465 million on Monday, ending a 20-day inflow streak after $152 million exited on Friday. The outflows coincided with Ethereum’s price dropping 12% over the weekend to $3,380 before recovering to $3,670. BlackRock’s ETHA led withdrawals with $375 million, followed by Fidelity’s FETH ($55.1 million) and Grayscale’s Mini and ETHE funds ($28 million and $6.9 million). Spot Bitcoin ETFs also saw $333 million leave the market. Despite these Ethereum ETF outflows, ETH has climbed 44% in the past 30 days, trading near $3,630, and Galaxy Digital CEO Mike Novogratz forecasts a revisit to $4,000 within six months. On-chain data points to robust institutional demand amid ETF turbulence. Since July 9, 14 new wallets have accumulated 856,000 ETH (over $3.1 billion), while three whale wallets added 63,837 ETH (~$236 million) via OTC trades. Cumulative inflows into spot Ethereum ETFs since launch stand at $9.02 billion, driven by a 20-day July streak that attracted $5.4 billion. These mixed signals underscore short-term pressure from net outflows but reflect sustained long-term confidence in Ethereum’s fundamentals.

Nasdaq-listed Verb Technology has completed a $558 million private placement to acquire Toncoin (TON) as a treasury asset. More than 110 institutional and crypto-native investors, including Blockchain.com, Kraken, Pantera, Ribbit Capital and Animoca, joined the round. Verb plans to rebrand as TON Strategy Co. on August 7, 2025, and will hold 77% of its Toncoin reserves for dip buying, liquidity support and volatility buffering. The deal removes about 5% of TON’s circulating supply, triggering a supply shock that could drive a price rally. On-chain data shows TON trading above its 20-day moving average and near the lower Bollinger Band, with Fibonacci extension targets at $3.90 and $4.20. A break above $4.50 may spark further momentum. Traders may see short-term consolidation between $3.30 and $3.55, with dips near $3.20 as buying opportunities. In the long term, treasury staking yields and Telegram integration could establish a higher price floor, positioning Toncoin as an institutional-grade crypto asset.

Satoshi Nakamoto statue in Lugano’s Parco Ciani was attacked overnight, as vandals used angle grinders to sever its welded base and dumped the bronze figure into Lake Lugano. Police cordoned off the scene, and evidence at the site pointed to industrial cutting tools. Satoshigallery has offered a 0.1 BTC reward for tips leading to the statue’s recovery. Divers from the local municipality retrieved the broken statue from the lake. Satoshigallery confirmed the bronze piece is secure and has outlined plans to restore the public artwork. City authorities will tighten security after tourist foot traffic dipped following the incident. This statue theft is the first major vandalism of the “Disappearing Satoshi” campaign, which has installed 21 Satoshi Nakamoto statues worldwide to symbolize Bitcoin’s 21 million supply cap. Satoshigallery remains committed to casting replicas in new locations.

CFTC and SEC have launched a joint ’crypto sprint’ to implement the White House’s crypto regulation recommendations. Acting CFTC Chair Caroline Pham will work with SEC leaders to execute 18 proposals from the President’s Working Group on Digital Assets. Two plans focus on CFTC actions: issuing guidance to classify cryptocurrencies as commodities and updating rules for blockchain-based derivatives. The remaining measures call for joint rule-making, a regulatory sandbox, and clearer jurisdiction over spot markets for non-security tokens. Pham’s team has met industry stakeholders, withdrawn outdated guidance, and sought feedback on 24/7 derivatives trading and perpetual contracts. Brian Quintenz is pending Senate confirmation as CFTC Chair. The initiative aims to improve crypto regulation, foster DeFi innovation, and strengthen the U.S. as a global crypto hub. Traders can expect clearer rules, greater market stability, and new opportunities in digital asset trading.

Coinbase has launched an in-app DEX trading feature for select U.S. users (excluding New York), allowing direct swaps of Base network tokens without waiting for centralized listings. The Coinbase DEX trading engine aggregates liquidity from protocols like Uniswap and Aerodrome via DEX aggregators, offering optimal pricing, sponsored gas fees, and trading from Coinbase balances or USDC. This Coinbase DEX trading rollout supports initial listings such as Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs and Super Champs, with phased additions of Base-native tokens over the coming weeks. Following the launch, Aerodrome Finance’s AERO token surged over 28%, underlining the impact on on-chain activity. Coinbase plans to extend DEX trading to Solana and expand geographic access, aiming to boost liquidity, on-chain trading volume and DeFi adoption among US retail traders.

CleanSpark Q3 earnings beat expectations after the Bitcoin miner reported a 91% revenue surge to $198.6 million and net income of $257.4 million. EPS reached $0.78, nearly quadruple forecasts. During the quarter, CleanSpark mined 2,012 BTC, generating average revenue of $98,753 per coin. The company expanded its hash rate to 50 EH/s—5.8% of the global network—and increased its BTC holdings to 12,703 without issuing new equity. Shares remained flat after earnings, rising less than 1% in after-hours trading despite industry-wide benefits from a 32% Bitcoin price rally. Miner reserves stabilized at 1.808 million BTC, indicating a hold-first strategy. Looking ahead, CleanSpark plans to leverage its U.S.-based infrastructure to grow market share as competition and regulatory pressures intensify. These CleanSpark Q3 earnings reflect strong operational momentum and bolster confidence in the Bitcoin mining sector.

A new GreedyBear scam has stolen over $1 million in cryptocurrency by distributing more than 150 fake wallet extensions. These malicious browser add-ons targeted popular wallets like MetaMask and TronLink. After passing store reviews, the GreedyBear scam used “extension hollowing” to inject code that harvests private keys and IP addresses. The group also deployed 500 malware variants, including LummaStealer and Luca Stealer, via pirated software sites. Researchers found AI-generated code in the malware, showing that the GreedyBear scam adapts quickly to security measures. Operators also set up convincing phishing sites to intercept clipboard data or alter addresses. Traders should only install verified wallet extensions. Double-check URLs and update security software. Vigilance is essential to guard against this evolving crypto scam.

President Trump issued an executive order directing the US Labor Department and SEC to ease crypto regulation and clarify fiduciary duties for 401(k) and other defined-contribution retirement plans. This move allows digital assets like Bitcoin and Ethereum to join the $12.5 trillion retirement market alongside private equity and real estate. Major asset managers, including BlackRock, Fidelity, Franklin Templeton and Vanguard, are preparing crypto offerings and investor education. Industry groups such as Bitwise and the Managed Funds Association praised the change. Markets rallied: BTC gained over 4% and ETH rose 7%, while crypto-related stocks also jumped. Critics warn of higher fees, limited liquidity, custody risks and volatility. Traders should watch upcoming Labor Department guidance, SEC rules and token qualification criteria for market catalysts. This shift could unlock significant institutional capital and reshape long-term crypto adoption in retirement planning.