Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin price is showing signs of stalling as Wyckoff distribution patterns emerge, suggesting large holders may be offloading positions. A failed breakout above $122,000 and bearish RSI divergence point to weakening momentum. Key support lies between $92,000 and $95,000; a breach could trigger a deeper markdown phase targeting that zone. Traders will also monitor the $117,000–$117,500 CME futures gap, the 4H 200MA/EMA confluence, and the upcoming U.S. CPI data for volatility catalysts. Risk management is crucial: set stop-loss orders near support and view any dips as potential long-term buying opportunities. Altcoin rotation plans may be valuable if distribution confirms.

MicroStrategy bought 155 Bitcoin between August 4–10 at an average of $116,401 per BTC, spending about $18 million. The company’s holdings rose to 628,946 BTC, acquired for a total of $46.09 billion since 2020. At current prices near $119,700, its Bitcoin stake is valued at $75.17 billion, marking a 63% unrealized gain. Co-founder Michael Saylor signaled the latest purchase on social media, following a record 21,021-BTC buy last month. Data from Sentora show MicroStrategy leads all corporations and governments in Bitcoin treasury holdings, accounting for one-third of the 1.86 million BTC held by institutions. The ongoing buying spree highlights growing corporate treasury adoption of Bitcoin and may bolster market momentum.

Floki Valhalla, the Viking-themed play-to-earn MMORPG, has launched a 60-day US TV campaign across Bloomberg, Fox Business and CNBC. Starting August 9, the 30-second ads will air 350 times during prime business hours, reaching over one billion households. This initiative is part of a three-month media push following Valhalla’s June 30 mainnet launch, designed to drive blockchain gaming SEO, brand awareness and token utility. The campaign also features a Times Square digital billboard takeover on Reuters 42nd Street, bi-monthly interviews on New To The Street, Bloomberg Television and Fox Business, and digital content distribution to New To The Street’s 3.16 million YouTube subscribers. Investor outreach includes broker meet-and-greets, New York City retail events and virtual presentations for family offices. With dynamic hexagonal battlefields and a player-driven economy, Valhalla aims to attract new gamers and investors while consolidating its position in the metaverse. The utility token FLOKI, with over 550,000 holders, stands to benefit from increased visibility and engagement.

Upbit has announced that on August 12 it will list the CYBER token, launching KRW/CYBER and USDT/CYBER trading pairs. Deposits opened ahead of the launch, enabling traders to secure CYBER tokens and prepare orders in advance. This altcoin listing on the Ethereum network aims to diversify Upbit’s token offerings, boost liquidity in both fiat and stablecoin markets, and support the growth of the CYBER project.

Ethereum has broken out of a four-year consolidation, topping $4,000 as spot ETH ETFs attracted a record $1.02 billion in institutional inflows on August 11. The ETF-driven supply tightening confirmed an ascending triangle bullish breakout above $2,000 and $2,800 resistances. Chart analysts forecast a rally from $4,000 to $20,000-$40,000, with extended targets near $51,000 based on historical multipliers. Deep-pocket positioning, not retail buying, fueled the move. If Bitcoin holds recent highs, capital rotation may spark a broader altcoin rally led by Ethereum. Traders should track on-chain metrics and ETF flows; a sustained close above $4,000 could pave the way for new multi-year highs.

Tether and Rumble have jointly proposed a $1.17 billion Northern Data acquisition to consolidate control of the AI and high-performance computing provider. Under the deal, each Northern Data share would convert into 2.319 new Class A Rumble shares, valuing Northern Data at $18.27 per share. After closing, Northern Data investors would own 33.3% of Rumble, while Tether becomes the largest Class A shareholder. The proposal includes refinancing Tether’s existing €575 million debt in Northern Data and builds on its earlier $775 million investment in Rumble. Northern Data plans to divest its Peak Mining bitcoin unit and reinvest in Taiga Cloud GPU services and Ardent Data Center AI/HPC infrastructure. This Northern Data acquisition aims to boost AI infrastructure and HPC capabilities, reduce bitcoin mining exposure, and secure long-term financial stability.

On August 7–8, 2025, the long-running XRP lawsuit between Ripple Labs and the SEC officially concluded. Both parties withdrew their appeals in the U.S. Court of Appeals for the Second Circuit, ending litigation that began in December 2020. The 2023 District Court ruling—finding public exchange sales of XRP are not securities while institutional sales are—remains in force. Ripple’s $125,035,150 civil penalty, already escrowed, will now transfer to the SEC, and the injunction under the Securities Act stays active. This settlement ends a major legal overhang for XRP. Traders reacted with an 11% intraday price jump to $3.38, followed by a mild 1.31% pullback to $3.13 as of CoinMarketCap data. With the XRP lawsuit resolved, market participants can refocus on Ripple’s product roadmap and partnerships. The removal of regulatory uncertainty is expected to restore investor confidence and stabilize market volatility, paving the way for renewed operational developments by Ripple Labs.

XRP dipped 2–5% after traders took profits following the Ripple-SEC settlement. Prices slid from intraday highs near $3.32 to test support between $3.13 and $3.20. Trading volume surged over 200% to $12.4 billion, with more than 209 million XRP changing hands in one hour. Technical analysis points to resistance at $3.27–$3.33, defining a near-term trading range. Institutional interest, boosted by SBI’s Bitcoin-XRP ETF filing, and macro factors will shape the next move as traders watch for a breakout above $3.27 or another test of the $3.13 floor.

Digital asset treasuries have shifted from passive Bitcoin reserves to programmable capital engines. Since June, over 100 public companies have raised $43 billion through token purchases. Institutional holdings now exceed 11% of BTC market cap, with ETFs at 6.5% and corporate treasuries at 4.6%. Firms like MicroStrategy and Trump Media lead with 607,770 BTC and $2 billion investments. In phase two, these treasuries deploy DeFi yield strategies. They stake ETH, participate in liquidity mining, and trade structured options. Governance voting shapes protocol ecosystems and boosts token prices. Self-reinforcing cycles elevate mNAV ratios, lifting stock valuations and funding further crypto acquisitions. Regulatory initiatives like the GENIUS and CLARITY Acts may enhance stablecoin competition and institutional DeFi infrastructure. Traders should watch this trend as a bullish indicator for BTC, ETH, and DeFi tokens.

Crypto AI agent sector has collapsed from a peak $10 billion market cap in late 2024, with token prices (GOAT, ALCH, TRUMP, AI16Z) plunging 50–95%. Over 90% of teams halted development as liquidity dried up and demos failed to scale. Solana’s AI hackathon delivered the only bright spot: an open-source Multi-Chain Protocol (MCP) server, a modular agent suite, and growth from 11 to 50+ integrations, though tool calls remain slow. In the next 6–12 months, traders can expect smarter on-chain AI agents with integrated wallets, faster tool calls, and proactive protocol invocation—potentially resetting Crypto AI infrastructure. Over the long term, AI agents may power stablecoin payments, embed intelligence into DeFi protocols, and enable personalized on-chain context layers. Traders should brace for continued volatility in Crypto AI tokens and monitor infrastructure milestones for new opportunities.

Heritage Distilling (NASDAQ: CASK) has raised $220 million in a private placement to establish a pioneering $360 million IP token reserve. The deal includes $82 million for the direct purchase of 52.5 million IP tokens at $3.40 each, and $100 million via common stock and warrants. Backed by Story Protocol, a16z Crypto and Polychain, this blockchain IP asset reserve marks the first time a US-listed company uses tokenized intellectual property as its primary treasury reserve. Story Protocol will reinvest all net proceeds within 90 days to repurchase IP tokens on the open market, supporting token liquidity and market alignment. This IP token reserve and digital asset treasury strategy aims to unlock new revenue streams, enhance financial flexibility and broaden Heritage Distilling’s investor base. IP token trades at $6.09, down 12% in 24 hours but up 36% in 30 days, with a $1.8 billion market cap, 16% below its February peak. Cantor Fitzgerald and Roth Capital Partners acted as joint placement agents, and Open World served as strategic advisor.

Institutional demand for Ethereum has surged this week, driving a significant ETH price rally. Major inflows into Ethereum are sparking a broader altcoin upswing. Avalanche (AVAX) benefits from its high scalability and rapid transaction speeds, while Chainlink (LINK) gains traction thanks to its decentralized oracle network. Historical on-chain data shows that large ETH inflows often precede altcoin rallies. Meanwhile, MAGACOIN FINANCE is emerging as a speculative presale opportunity, with early forecasts pointing to more than 20% growth. Traders should track Ethereum capital flows, monitor on-chain metrics, and assess MAGACOIN FINANCE fundamentals to capitalize on potential gains and manage volatility.

Over the past 24 hours, crypto perpetual futures liquidations surged to around $250 million, driven by sudden price rallies, macroeconomic news, regulatory shifts, whale trades and technical breakpoints. An initial short squeeze wiped out $253.27 million in positions—Ethereum accounted for $175.24 million (87.8% from shorts), Bitcoin $53.67 million (84.4% shorts) and XRP $24.36 million (76.8% shorts). A subsequent wave saw $243.18 million in liquidations—Ethereum $135.11 million (63.6% longs), Bitcoin $85.05 million (76.5% longs) and Solana $23.02 million (92.8% longs). High leverage (10×–100×) amplified losses and volatility. Traders should employ robust risk management: use prudent leverage, set tight stop-loss orders, diversify positions and monitor market sentiment to guard against forced liquidations and cascading sell-offs.

Crypto funds recorded a net $572 million inflow last week after the U.S. government moved to allow digital assets in 401(k) retirement plans. The shift reversed two weeks of outflows and followed an early-week $1 billion dip triggered by weak U.S. payroll data. U.S.-listed crypto funds led the surge with $608 million of net inflows, while European funds saw $54.3 million withdrawn. Seasonal summer trading pushed exchange-traded product volumes down by 23% month-on-month. Ethereum ETPs topped asset flows with $268 million, lifting their year-to-date inflows to $8.2 billion and AUM to $32.6 billion. Bitcoin funds saw $260 million of inflows. Among altcoins, Solana added $21.8 million, XRP $18.4 million, and NEAR $10.1 million, despite minor outflows in SUI. Major providers such as iShares and Grayscale benefited, whereas Fidelity’s Wise Origin Bitcoin Fund experienced $55 million in outflows. Analysts believe the 401(k) approval opens a new regulated channel for institutional demand. Increased access to digital assets through retirement accounts could boost short-term trading activity, enhance market stability over the long term, and support a bullish outlook for crypto funds and major tokens.

Sen. Elizabeth Warren has signaled plans to oppose the bipartisan CLARITY Act when the Senate reconvenes after Labor Day. Despite endorsing stronger crypto regulation, Warren warned against industry-drafted rules that could fuel corruption and allow elected officials to trade digital assets. The CLARITY Act, passed by the House in July, aims to define SEC and CFTC jurisdiction over tokens and create a formal market structure for digital assets. In early September, the Senate Banking Committee will vote on the bill, with potential amendments that may reshape oversight of major cryptocurrencies, stablecoins and CBDCs. Alongside this debate, Congress approved the GENIUS Act to regulate stablecoins and restrict US CBDC development, while the White House task force proposed a clear taxonomy for tokens to harmonize SEC and CFTC roles and protect investors. Traders should monitor the Senate floor debate on the CLARITY Act, as changes to market structure rules could impact liquidity, compliance costs and price volatility across digital assets.

Syed Hussain, CEO of SHIZA, predicts a shift to an AI agent ownership economy, where individuals train and own AI agents instead of renting models from big tech. As AI systems automate white-collar roles—software development, content creation, data analysis, and strategic advice—the value moves from labor to intelligence ownership. Blockchain and crypto infrastructure enable private model training, decentralized compute, tokenization and wallet-based identity. Traders can deploy personal AI agents for tasks like research, transaction negotiation and financial trend analysis, earning continuous yield and freeing time for creative work. Wallets evolve to manage autonomous agents and tokens reward upkeep, building the foundation for decentralized AI marketplaces. While liability, authorship and taxation remain regulatory hurdles, this blockchain-based model positions crypto projects as essential backbone for the next economic era.

AguilaTrades, a whale trader, opened a massive ETH short position of 30,001 tokens worth $128 million on Hyperliquid, employing 15× leverage. The ETH short boosts profit potential but risks liquidation at $4,383.66. Such large ETH shorts often trigger increased selling pressure and can lead to forced liquidations, causing short-term volatility. Traders should monitor Hyperliquid’s order books and key liquidation thresholds to anticipate potential price swings, as previous high-leverage ETH shorts have amplified market moves and highlighted the sensitivity to whale activity and leverage trends.

Ethereum transaction volume has surged to nearly 1.9 million daily for the first time since January 2024. The surge follows a 50% gas limit increase on Ethereum’s Layer 1 network, boosting block capacity and cutting congestion. As a result, transaction fees for DeFi protocols and stablecoin transfers have fallen below $1, driving on-chain activity. Ether’s price rally past $4,200 has further fueled speculative trading on platforms like Uniswap, increasing swaps and stablecoin transfers. Data from Etherscan and Messari show USDT and USDC transactions rank among the top gas consumers. Improved network scalability and lower fees are attracting institutional inflows amid clearer regulations. Although institutional impacts on transaction volume remain modest short-term, long-term support from corporates should strengthen ecosystem stability. Developers are advancing Layer 2 integrations and solutions like PeerDAS to further enhance throughput. Overall, the combined capacity upgrades, favorable fee environment, and growing demand point to a sustained bullish trend in Ethereum transaction volume and network health.

On-chain analytics from Glassnode show a shift in Bitcoin profit-taking: veteran holders (3–5 years) realized over $1 billion per day in July but sharply cut back in August. This contrasts with late-2023 profit-taking by 6–12-month holders, many of whom were early ETF buyers. CryptoQuant data also record rising retail futures orders and falling institutional whale trades. Network growth stays robust, with over 364,000 daily new addresses. Bitcoin trades near $120 K, up modestly amid cooling momentum: CryptoQuant’s Bull Score slid from 80 to 60, and stablecoin inflows are waning. Traders should monitor realized profit trends, on-chain metrics and capital flows for clues on support levels or renewed selling pressure.

About $653 million in crypto token unlocks will hit the market between August 11 and 18, introducing significant new supply. Major cliff unlocks include Fasttoken (FTN) at $91.6 million, Cheelee (CHEEL) at $88.9 million, Aptos (APT) at $53.7 million, Arbitrum (ARB) at $43.9 million, Avalanche (AVAX) at $40.2 million and Sei (SEI) at $18.1 million. On the linear unlock side, Solana (SOL) leads with 465,770 tokens per day (about $13.4 million). Meme and governance tokens will also see releases: Trump token (TRUMP) $45.9 million, Worldcoin (WLD) $40.5 million, Bittensor (TAO) $19.9 million, Dogecoin (DOGE) $22.1 million and LayerZero’s LAYER $17.4 million. These crypto token unlocks could trigger short-term selling pressure and altcoin volatility, offering potential dip-buying entry points. Traders should monitor market supply and whale activity for strategic trading opportunities.

US GENIUS Act bans yield-bearing stablecoins and approves non-interest digital dollars. By blocking interest on stablecoin balances, the GENIUS Act will shift institutional capital into tokenized real-world assets. Experts predict trillions will flow into US Treasurys, money market funds, corporate bonds, equities and private equity via tokenization. Infrastructure providers like Uniform Labs are building the Multiliquid liquidity layer for real-time compliant conversion between stablecoins and tokenized assets. The GENIUS Act marks a turning point in digital finance, boosting stablecoin adoption and expanding access to fractionalized real-world assets for institutions.

Senator Elizabeth Warren renewed calls for stricter crypto regulation after criticizing the GENIUS Stablecoin Act and the Digital Asset Market Clarity Act as industry giveaways that benefit President Trump’s family business tied to foreign-backed ventures. She argued current crypto regulation is too weak and shaped by industry lobbying, allowing corruption, illicit use by terrorists and drug traffickers, and potential market instability. Warren and fellow senators urged the OCC to investigate conflicts of interest in the Trump family’s cryptocurrency activities. As debate intensifies over clear rules and consumer protection versus innovation, traders should monitor potential regulatory tightening in the crypto market.

President Trump has extended the tariff deadline by 90 days, deferring planned hikes under the China tariff extension and sustaining US-China trade negotiations. The move eases global trade tensions and reduces market uncertainty, fostering investor confidence. For the crypto market, this China tariff extension signals a more stable macroeconomic environment and restores risk-on sentiment. Traders may see lower volatility in major digital assets in the short term. However, underlying disputes over intellectual property, technology transfers and enforcement remain unresolved. Progress on these structural issues over the next 90 days could further stabilize markets; a breakdown in talks could renew trade friction and trigger volatility. Crypto traders should monitor negotiations closely, capitalizing on improved sentiment while staying alert to potential reversals.

Paxos, the New York–based stablecoin issuer, has applied to the New York Department of Financial Services for a special-purpose trust bank charter to secure a US banking license. This move, following similar filings by Circle and Ripple, aims to obtain FDIC insurance and hold full-reserve deposits for tokens such as Binance USD (BUSD) and Pax Dollar (USDP). By becoming a regulated bank, Paxos seeks to enhance compliance with forthcoming US stablecoin regulations, improve reserve transparency and build institutional trust. The application underscores a broader trend of major stablecoin issuers pursuing regulatory approval, which may intensify competition in the stablecoin market. Traders should monitor developments, as a banking license could alter liquidity dynamics, market confidence and token valuations.

MicroStrategy marked its five-year Bitcoin accumulation milestone by buying 155 BTC for $18 million, its smallest tranche since March. The latest Bitcoin purchase lifts total holdings to 628,946 BTC, valued at about $75.5 billion. Since August 2020, MicroStrategy Bitcoin accumulation has been largely financed via debt issuance and Series A Preferred Stock sales, netting over $13 million for this tranche. Year-to-date, Bitcoin’s price is up 27%, approaching $120,095, highlighting strong market momentum. The sustained corporate investment underlines growing institutional confidence in Bitcoin, may tighten supply, boost market sentiment, and reinforce MicroStrategy’s shares as a proxy for BTC exposure.

Paxos Trust Company has resubmitted its application for a national trust bank charter with the US Office of the Comptroller of the Currency (OCC). The bid seeks to upgrade its New York state trust charter to a federal national trust bank charter. Its previous 2021 conditional approval lapsed in 2023. This move aligns with similar efforts by Circle’s USDC issuer and Ripple’s XRP to secure federal oversight. The national trust bank charter would allow Paxos to manage customer assets, accept deposits, offer loans and provide faster payments and custody services under stricter oversight. Paxos, issuer of PayPal USD (PYUSD) and Pax Dollar (USDP), recently settled anti–money laundering violations with New York’s financial regulator. It paid $26.5 million and committed $22 million to bolster compliance. This step underscores growing stablecoin regulation and the rise of regulated crypto banking services in the US.

French public company Capital B has purchased an additional 126 BTC for €12.4 million via Euronext Growth Paris, raising its total Bitcoin holdings to 2,201 BTC. The acquisition moves Capital B closer to its goal of 3,000 BTC by FY2025 and its long-term target of 1% of the total Bitcoin supply by 2033. With an average buy price of $106,770 per BTC, Capital B’s treasury has delivered a 1,519.5% year-to-date yield in BTC per share. The firm ranks 24th among public companies for Bitcoin reserves, alongside HIVE Digital and behind leaders such as Microcloud Hologram. As Bitcoin’s price rose over the weekend, traders will watch upcoming US CPI, PPI data and the next Fed meeting for possible market catalysts. This latest purchase underscores growing institutional demand and could support further bullish momentum in the Bitcoin market.

Strategy, formerly MicroStrategy, has expanded its Bitcoin holdings to 628,946 BTC by purchasing an additional 155 BTC for $18 million. This acquisition increases its Bitcoin holdings and underscores the firm’s ongoing strategy to expand crypto assets. The buy was funded via its Strife (STRF) and Stretch (STRC) preferred stock programs under the “42/42” capital-raising plan. Since its first purchase in 2020, Strategy’s average cost per Bitcoin is $73,288, while the latest tranche averaged $116,401. The total Bitcoin investment now values about $76 billion, yielding roughly $30 billion in unrealized gains. In Q2, new accounting rules enabled a record $10 billion net profit, driven by $14 billion in unrealized gains. Strategy’s disciplined at-the-market stock and convertible debt model supports its Bitcoin treasury expansion. Controlling nearly 3% of Bitcoin’s 21 million supply, Strategy remains ahead in the corporate Bitcoin arms race. Traders may view this continued accumulation as a bullish signal for Bitcoin price support in both the short and long term.

Cryptosolo, founded in 2022, has unveiled its upgraded AI-driven, eco-friendly cloud mining platform on July 31, 2025. The service uses proprietary AI optimization to allocate hash power across 70 renewable-energy farms (wind, hydro, solar) for stable daily passive income in BTC, DOGE, LTC, and BCH. It offers flexible cloud mining contracts (1–6 days) with daily settlements and full principal refunds upon maturity, and customizable packages from $200 to $60,000. New users receive a $15 welcome bonus to start mining at no initial cost. Over 8 million users worldwide can monitor and manage earnings in real time via desktop or mobile, with secure, anytime withdrawals and no hardware or technical skills required.