Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum price plunged 5% in 24 hours, extending a 10.6% drop from this month’s high above $4,759 to under $4,255. Over $870 million in leveraged long positions were liquidated, with ETH alone accounting for $210.6 million—nearly double Bitcoin’s total. U.S.-listed Ethereum ETFs also saw sizeable outflows, including a $272 million withdrawal by one issuer as investors took profits. This Ethereum price drop mirrors a broader crypto downturn: Bitcoin fell 2.3%, Solana and XRP each dropped over 5%. Macro uncertainty ahead of Fed Chair Powell’s speech weighed on risk assets. Technically, ETH is testing its 20-day EMA at $4,134; failure to hold could drive it toward the 50-day EMA near $3,651. The RSI cooled to 58 from overbought levels, signaling waning momentum. To resume a bullish trend, ETH must reclaim $4,500 and clear resistance around $4,800.

LET Mining has unveiled a new mobile cloud mining platform that turns smartphones into mining devices. This mobile cloud mining solution removes hardware and technical barriers by leveraging AI-driven scheduling and green energy farms across 83 global data centers. Users can remotely mine BTC, ETH, XRP and USDT without technical skills. Advanced contracts report daily returns over $4,215. The setup is simple: register via a mobile browser, choose a cloud computing plan—from a $100, two-day package to a $10,000, 48-day advanced contract—and activate mobile mining tasks instantly. Profits settle daily, with flexible withdrawal or reinvestment options. LET Mining’s platform uses patented energy optimization, enterprise-grade encryption, cold wallet storage and 24/7 security monitoring. This mobile cloud mining service could broaden crypto asset access, making digital asset growth accessible to both beginners and experienced traders.

Thailand’s central bank has launched the Thailand Tourist Wallet, an e-money app enabling foreign visitors to make QR code payments in baht. The wallet supports top-ups via cash, debit/credit cards and bank transfers, addressing gaps in cross-border QR links outside partner markets like Singapore and Malaysia. Spending limits are capped at 500,000 baht per month at card terminals and 50,000 baht at small shops, with no cash withdrawals allowed. While the Thailand Tourist Wallet aims to streamline payments, its crypto conversion feature remains on hold pending the Securities and Exchange Commission’s regulatory sandbox review expected in mid-August. The crypto conversion process will require passport-based KYC to prevent money laundering. Traders should monitor the sandbox results, which could pave the way for broader crypto adoption in Thailand’s tourist sector.

Ourbit SuperCEX kicked off August with aggressive brand marketing and rich user incentives to capture trader attention. First, the exchange placed a $155,000 bid on a Cold War–era T-54 tank, creating viral buzz across social media. Next, its native meme coin BITCH surged to an all-time high of $0.20, driven by strong community engagement and trading demand. Ourbit also secured title sponsorship of Taipei Blockchain Week 2025, showcasing its trading speed, meme-coin liquidity and security features. To further boost activity, the platform launched three themed Alpha Drop events—each with a 20,000 USDT prize pool—offering full compensation on first contracts and 10% token rebates. Finally, new users can unlock up to 8,360 USDT in rewards through registration, KYC and trading milestones. These combined efforts highlight Ourbit’s dual focus on creative outreach and tangible trading benefits, setting a bullish tone for user acquisition and market liquidity.

According to QCP Capital, Bitcoin price eased from $118,000 to $115,000 and Ethereum dropped from $4,500 to $4,300, triggering over $400 million in long liquidations. This continues last week’s 5% pullback, during which DeFi liquidations exceeded $1 billion amid profit-taking. Funding rates have turned negative, and risk reversals favor puts, reflecting market caution ahead of the Jackson Hole symposium. Despite higher-than-expected PPI data (0.9% vs. 0.2%) adding Fed policy uncertainty, BTC remains range-bound at $112,000–$120,000. Institutional demand stays robust: Metaplanet bought 775 BTC over the weekend. Traders now eye Fed Chair Powell’s speech for a potential breakout. Ongoing BTC accumulation by institutions could lay the groundwork for the next market move once macro uncertainty fades.

This article analyzes three key crypto narratives: DeFi, DeFAI and DeSci. It uses six metrics — mindshare, market sentiment, smart followers, top performers, mindshare/FDV and funding rates — to evaluate potential bull run catalysts. In the DeFAI narrative, $GRIFT leads mindshare at 86.84%, with $ANON showing the strongest bullish sentiment and $LMT favored by smart followers; perpetual markets are adding longs. For DeFi, $LINK and $MNT share top mindshare (14.26%), $MNT leads sentiment, tokens like $PENDLE show short-term gains, and high mindshare/FDV by $TANGO and $EUL highlight value. In DeSci, $BIO holds 37.5% mindshare, $CRYO attracts smart investors, and $URO combines high mindshare with bullish sentiment. The framework offers a data-driven approach to track crypto narratives and spot emerging opportunities ahead of market moves.

In the past two hours, a crypto whale at address 0x4ED...bC853 withdrew 79.34 WBTC (worth $9.4M) and 1,860 ETH (worth $7.27M) from exchanges, totaling $17.08M. Prices at withdrawal: WBTC at $115,410 and ETH at $4,262. Over the last week, this address has moved $153M in BTC and ETH off exchanges, indicating continued accumulation and on-chain hodling. Such significant outflows highlight possible bullish sentiment as large holders reduce exchange balance, potentially tightening supply and driving prices higher.

Solana achieved a milestone by processing 107,540 transactions per second (TPS) in a mainnet stress test, with only 50 failures in a single block, highlighting its scalability. Its DeFi ecosystem saw Total Value Locked (TVL) reach $10.58 billion, capturing 7% of global DeFi and outpacing Avalanche’s $1.93 billion (1.27%). Ethereum still leads with over 60% share, but Solana’s throughput and growing capital allocation bolster its competitive position among Layer-1 networks. On technical charts, Solana’s SOL/USD formed an ascending triangle on the four-hour timeframe, suggesting a potential 50% rally toward $272 if it breaks the $200 resistance. The 50-period EMA at $187 may act as a key hurdle. The Balance of Power indicator stands positive at 0.18, indicating buyer influence, while the RSI at 37.8 signals weakened momentum without reaching oversold territory. Together, these metrics point to a bullish setup that traders should watch for a breakout or renewed consolidation.

Bitcoin hodling remains the dominant long-term strategy in 2025, rooted in behavioral finance and boosted by institutional adoption. Originating from a 2013 Bitcointalk meme, the mindset rejects market volatility and emotional trading, earning the nickname “diamond hands.” Today, over 70% of BTC supply has not moved in more than a year, while spot Bitcoin ETFs—led by BlackRock’s IBIT with $7 billion inflows this year—have driven US ETF assets past $94 billion. Bitcoin’s price climbed from under $10,000 in 2020 to nearly $112,000 in May 2025, underscoring hodling’s effectiveness amid inflation and regulatory headwinds. Advanced custody solutions—from cold wallets and multisig vaults to institutional-grade services—and yield products on wrapped BTC by Lido and DeFi staking platforms expand options for hodlers. Automation tools for recurring buys, secure inheritance planning, and standalone portfolio tracking further streamline long-term Bitcoin hodling. Despite the rise of CBDCs, tokenized treasuries, and ESG debates, Bitcoin hodling endures as a stoic defense against crypto’s volatility, offering traders a low-turnover strategy backed by solid infrastructure and proven performance.

Qubic, the AI-focused blockchain project that executed a 51% takeover of Monero last week, has voted to target Dogecoin next. The community chose Dogecoin over Kaspa and Zcash with more than 300 votes. The Monero attack, which reorganized six blocks by amassing 2.32 GH/s of hashrate, highlighted the vulnerability of proof-of-work networks and prompted Kraken to halt Monero deposits temporarily. Dogecoin’s $33 billion market cap and mainstream profile make it a high-impact target, raising fresh concerns about large PoW chains’ resilience and decentralization. Separately, the US Justice Department seized $2.8 million in crypto and other assets linked to alleged ransomware operator Ianis Antropenko. The operation included warrants for funds laundered through the now-shut ChipMixer service, plus $70,000 in cash and a luxury vehicle. This seizure feeds into a growing federal crypto reserve—now about 198,012 BTC—established under a national crypto stockpile initiative. Traders should watch for heightened network security debates and potential volatility in Dogecoin, along with broader market reactions to ongoing government asset accumulations.

Cardano (ADA) is testing the critical $1 threshold as U.S. labor market weakness resurfaces. Youth underemployment surged to 17% in July, the highest since the pandemic, and overall unemployment ticked up to 4.2%. Historical patterns show that cracks in the U.S. job market can prompt investors to shift capital into alternative assets, boosting ADA price momentum. On the daily chart, ADA price has recovered strongly since mid-July, trading above the 20-day SMA and consolidating near $0.94. Immediate support sits at $0.92, with a deeper cushion at $0.81. Resistance looms at $1.00, followed by targets at $1.10 and $1.25. A close above $1 could ignite FOMO buying and fuel a breakout. If Fed easing follows rising unemployment, increased liquidity may push ADA toward $1.25–$1.30 by Q4 2025. However, heightened recession fears could trigger a retest of the $0.85–$0.90 zone before resuming an uptrend.

President Trump is hosting Ukrainian President Volodymyr Zelenskyy and top European leaders at the White House for high-stakes peace talks aimed at ending the Russia-Ukraine war. Market participants see this summit as a potential catalyst for the crypto market. Over the past 24 hours, the sector recorded $447 million in liquidations of long positions. At the same time, Ethereum shorts surged to a record high, setting up a possible short squeeze and a rapid rebound. A successful ceasefire could boost economic stability and drive a bull market in the crypto market. Conversely, a breakdown may prolong hostilities, increase inflation pressures, and trigger further crypto corrections. Traders should also watch upcoming high-impact events, including FOMC minutes, U.S. unemployment claims, and Fed Chair Jerome Powell’s Jackson Hole speech. These factors could add fresh volatility to digital assets.

CryptoQuant analyst Crazzyblockk warns that Bitcoin price faces critical support at $118,000. After a 2% drop in 24 hours, BTC trades around $115,200, pressured by weak US economic data and reduced Fed rate cut expectations. The $118,000 level aligns with the average entry cost for 1.69 million BTC accumulated last month. Holding this support could sustain the recent uptrend and boost recovery momentum. A break below $118,000 may trigger further declines and correction. Traders should monitor this support to gauge short-term market risk and bullish sentiment.

Bitcoin trades below a key support level after breaking a rising wedge pattern. At $115,454, it is testing immediate support at $111,877. Analysts warn that a drop below $111,877 could push Bitcoin toward the psychological $100,000 mark and extended targets at $95,000–$92,000. Conversely, reclaiming $118,000–$120,000 may trigger a bullish reversal, with resistance at $124,000–$127,000 and potential breakouts toward $130,000–$135,000. The rising wedge signals weakening momentum and a likely corrective phase. Traders should monitor these critical support and resistance levels closely, as a decisive move will shape Bitcoin’s short-term direction and market sentiment.

XRP fell below $3 on Monday, hitting $2.96 for the first time since August 6. The drop came amid broad selling pressure in the crypto market. The decline left XRP as the second weakest token in the top ten, behind Solana. Over the past 24 hours, about $464.7 million in crypto positions were liquidated. Long positions accounted for $380 million. These liquidations intensified the selling pressure and eroded leveraged bets. In technical terms, the $2.81 support level is now critical for XRP. Around 1.7 billion tokens are clustered at this threshold from prior consolidation zones. A sustained break below $2.81 could worsen bearish sentiment. The pullback also dragged Bitcoin toward the $115,000 mark, prompting further outflows among altcoins. Traders are watching for renewed buying interest above key support. XRP’s performance today highlights the fragile state of leveraged markets and the importance of risk management.

From August 7 to 13, the Korean Crypto Community ranked top tokens by search and mention data on Bitcoin World’s K-Community. XRP led search volume with 88,899 searches. Ethereum (ETH) followed with 29,145 and Solana (SOL) with 28,335. New projects ENA and ONDO also featured. Chainlink (LINK), Dogecoin (DOGE) and Cardano (ADA) completed the top searches. In community discussions, Ethereum recorded 2,679 mentions and Bitcoin (BTC) 1,661. SOL, XRP, DOGE and ADA also generated notable chatter. The unexpected appearance of “TRUMP” in mentions indicated political token interest. These trends from the Korean Crypto Community highlight both established and niche assets. High search volumes can signal rising curiosity before potential price moves. High mention counts reflect active engagement and possible short-term volatility. Traders can monitor these insights to spot assets gaining traction. Always conduct your own research (DYOR) before trading.

Capital B, a France-based publicly traded firm, has secured $2.6 million to expand its Bitcoin holdings. The funding round, backed by Blockstream CEO Adam Back, pushes the company’s Bitcoin treasury to 2,201 BTC. This move underscores a strategic shift in corporate treasury management, with firms increasingly viewing Bitcoin as a hedge against inflation and market volatility. As institutional interest in digital assets grows, Capital B’s acquisition highlights the integration of Bitcoin into mainstream finance. Traders should monitor potential market impacts from expanding corporate Bitcoin reserves, including pricing pressures and regulatory considerations.

Layer Brett is capturing trader attention in August 2025 by offering massive upside that Dogecoin can no longer match. The Ethereum Layer 2 token is live in presale, featuring near-instant transactions, minimal gas fees and capped supply. Early participants can stake Layer Brett for rewards that decline as more tokens are locked, preserving scarcity. The project also integrates gamified staking, NFTs and a $1 million community giveaway to drive engagement. Dogecoin retains strong brand power and a loyal retail following, but its large market cap makes 100× returns unlikely. In contrast, Layer Brett’s modern infrastructure and fixed supply position it for exponential growth. Traders are reallocating a portion of their Dogecoin holdings into the presale, seeking life-changing gains rather than modest multiples. With Ethereum Layer 2 usage projected to process trillions annually by 2027, Layer Brett sits at the intersection of meme culture and real utility. As the presale window closes, late entrants may miss the highest staking rates. For crypto traders eyeing the best investment in August, Layer Brett presents a compelling early-stage opportunity.

Ethereum leveraged long positions worth $236 million face forced liquidation as ETH price tests the $4,200 support level. Data from Hyperdash reveals 56,628 ETH in precarious longs on Hyperliquid, triggering auto-liquidations at $4,170. Additional liquidation zones lie at $3,940 and between $2,150–$2,160. Over the past 24 hours, ETH dropped 4.6% to $4,261. Mechanism Capital founder Andrew Kang warns mass liquidations could drive Ethereum down to $3,600 or even $3,200–$3,600. Liquidations occur when margin falls below the maintenance threshold, prompting exchanges to auto-sell. This cascade amplifies sell pressure and market volatility. Traders should monitor key support levels and manage leverage to mitigate trading risk. The looming series of forced liquidations is likely to intensify short-term bearish pressure on Ethereum.

Bitcoin price slipped to an 11-day low of $115,000 on Monday as markets brace for the high-stakes meeting between former US President Donald Trump and Ukraine President Volodymyr Zelenskyy. The drop follows a weekend of sideways trading around $117,000–$118,000 and a prior all-time high above $124,500 mid-last week, triggered partly by hotter-than-expected US PPI data. Total crypto market capitalization lost over $100 billion, falling to $3.96 trillion, while BTC market cap declined to $2.3 trillion and dominance held near 58%. Major altcoins also retreated: ETH dropped below $4,300, XRP under $3.00, and SOL, HYPE, XLM, SUI, ENA, PEPE, AAVE, MNT, NEAR and ONDO registered larger losses, with LINK and XMR as rare gainers.

Crypto entrepreneurs using a Paxful clone script can boost user adoption and trading volume by integrating multiple payment options. Key steps in a Paxful clone script integration include identifying preferred methods (bank transfers, mobile wallets, credit/debit cards, crypto payments, gift cards), selecting a secure multi-currency payment gateway, obtaining API access, and integrating APIs into the backend. Rigorous sandbox testing, debugging, and optimization ensure a seamless live deployment. Essential security measures encompass data encryption, two-factor authentication, AML/KYC compliance, fraud detection, and periodic audits. Offering diverse payment methods enhances convenience, expands international reach, and strengthens competitiveness in P2P crypto trading platforms.

Dogecoin faces a 51% attack threat after Qubic founder Sergey Ivancheglo led a successful attack on Monero and its community voted DOGE as the next proof-of-work stress test target. Although billed as a resilience experiment, security concerns forced Kraken to halt Monero deposits. DOGE price fell 4.5% to $0.22, with daily volume surging 53% to $2.87 billion. Technical analysts note a triangle consolidation, hinting at a possible 30% breakout. Meanwhile, Grayscale’s S-1 filing for a spot Dogecoin ETF drove open interest to $4 billion. Analyst Javon Marks projects a 170% rally to $0.6533 and a potential $1.25 on a sustained breakout. In parallel, memecoin Maxi Doge (MAXI) raised $1.17 million, reflecting strong investor appetite for new dog-themed tokens.

The crypto market fell by nearly 3% on August 18, wiping out about $140 billion and pushing total capitalization down to $3.88 trillion. Bitcoin slid from an all-time high of $124,457 to around $115,300, while Ethereum tumbled below $4,300. The pullback followed record inflows—$2.85 billion into spot ETH ETFs and $547 million into spot BTC ETFs—fueling a FOMO-driven rally that left the crypto market overbought. Sudden DeFi TVL expansions, from $129 billion to $160 billion, further amplified volatility. Over $530 million in liquidations over 24 hours, led by $210 million in ETH, underscore the market’s fragility. Looking ahead, key macroeconomic events—including U.S. CPI data, Federal Reserve minutes, a Powell speech, and geopolitical meetings—may intensify trading swings. Traders should watch for potential support near current levels and prepare for continued volatility as these catalysts unfold.

On August 18, major US-listed crypto stocks opened lower in pre-market trading after an intraday dip in Bitcoin. MicroStrategy (MSTR) shares fell nearly 2%, while Coinbase (COIN) and Riot Platforms (RIOT) each declined over 1%. The broader crypto sector sentiment weakens as cryptocurrency equities react to Bitcoin’s movements. This pre-market drop underscores growing market caution ahead of key economic data and may influence trading strategies for investors in crypto stocks.

Bithumb has flagged MixMarvel (MIX) as a trading warning. The move comes after the project altered token functions without disclosing material changes affecting asset value. As of August 18, 17:00 KST, the exchange has suspended MIX deposits. Bithumb will decide in early September whether to extend the suspension, lift the warning, or delist MIX. The exchange can remove the trading warning if MixMarvel resolves the disclosure issue. Traders should track this deposit suspension. The decision highlights exchange risk management and the importance of transparency in token governance.

A former SEC attorney confirmed that Judge Analisa Torres is no longer presiding over the Ripple vs. SEC lawsuit. This change shifts case management to other judges and narrows the focus to procedural steps rather than her rulings. Meanwhile, Ripple is upgrading network scalability to handle higher transaction volumes, mirroring Shiba Inu’s resilience efforts. XRP price fell sharply on August 18, 2025, breaking below the 50-period EMA at $3.08 and dropping to $2.96 amid strong sell-off volume. The Relative Strength Index (RSI) hit 26.82, signaling oversold conditions, while the Balance of Power hovered near neutral, indicating no clear buyer dominance. Key support at $2.90 may hold, but a retest of $2.80 is possible if selling continues. Beyond technicals, traders should watch upcoming U.S. CPI data and potential SEC settlement talks. Inflation figures and legal outcomes are poised to drive XRP price volatility in both the short and long term. The combination of legal uncertainty and bearish chart patterns suggests downward pressure until clearer signals emerge.

Binance will list three new USDC spot trading pairs—CYBER/USDC, MAV/USDC and SKL/USDC—on August 19, 2025 at 16:00 (UTC+8), 11:00 CEST. The Binance CYBER/USDC listing is designed to enhance USDC liquidity and diversify trading options on the spot market. Alongside the new trading pairs, Binance is rolling out algorithmic trading bots via its Spot Algo Orders. These automated spot orders let traders implement data-driven strategies with greater execution precision and efficiency. Binance also introduced discounted taker fees on all USDC spot and margin pairs until further notice. By expanding its suite of trading tools and fee incentives, Binance aims to deepen market liquidity, boost platform volumes and meet growing demand for advanced crypto trading solutions.

Bitcoin treasury companies are firms that acquire and manage Bitcoin using traditional finance strategies. In 2025, institutional investors through these companies accumulated 244,991 BTC. Companies leverage debt and equity instruments to build large BTC holdings. This trend fuels institutional investment in digital assets and supports asset diversification. Growing BTC demand from treasury strategies can influence market prices and improve long-term financial stability. The rise of Bitcoin treasury strategies may prompt regulatory developments and reshape corporate finance.

Foundry USA, a major U.S. mining pool, has mined eight consecutive Bitcoin blocks. This rare streak has reignited fears of Bitcoin centralization among traders and developers. By controlling an outsized share of the network’s hash rate, the pool highlights mining concentration risks that could undermine network security and trustlessness. High miner concentration raises the theoretical threat of a 51% attack and can influence transaction validation. Analysts also note a rise in empty blocks and falling transaction fees, signs of weakening network activity. Together, these trends compound Bitcoin centralization concerns and may erode investor confidence. To address these risks, the community is promoting smaller pools, geographic diversification, and new decentralized mining protocols. Ongoing vigilance and transparent reporting of hash rate distribution remain crucial. Traders should monitor mining concentration metrics and network health indicators to gauge potential market impacts.