Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum’s market capitalisation soared past $580 billion on August 23, 2025, after Federal Reserve Chair Jerome Powell’s dovish comments. Ethereum’s price reached about $4,745, ranking it the 25th largest global asset and surpassing companies like Netflix and Mastercard, each valued near $370 billion. As the second-largest cryptocurrency by market cap, behind Bitcoin’s $2.36 trillion, Ethereum’s performance reflects a reordering between traditional and digital assets. Analysts forecast Ethereum could challenge the $5,000–$6,000 range, but traders should monitor potential headwinds including network congestion, competition from emerging layer-1 blockchains, and volatility from ETF portfolio rebalancing. This bullish momentum coincides with institutional developments: the EU is considering running its digital euro on public chains like Ethereum and Solana, and BTCS recently announced an Ethereum dividend program distributing ETH to shareholders. Crypto traders may view these factors as supportive indicators for Ethereum’s further price appreciation.

Wormhole Foundation has secured financing and proposed an initial all-cash bid of 120 million USDC to acquire Stargate, surpassing LayerZero’s 110 million USDC offer. The deal promises STG token holders maximum certainty and instant liquidity, removing conversion risk and vote delays. Wormhole also requested a pause on the community vote for LayerZero’s STG acquisition. If approved, this acquisition could reshape the cross-chain bridge landscape, signaling significant consolidation in DeFi. Traders should monitor STG liquidity levels and on-chain voting dynamics as key catalysts for potential market movements.

As the crypto market consolidates, traders are identifying key altcoins poised for the next bull run. On-chain metrics spotlight five top picks: Solana (SOL) for its 100,000+ TPS capability and $12 billion DeFi ecosystem; Ethereum (ETH) with $13 billion in spot ETF inflows and substantial corporate holdings; Binance Coin (BNB) under $830, backed by high exchange utility; Hyperliquid (HYPE) with innovative DEX features and nearly $3 billion in TVL; and newcomer MAGACOIN FINANCE, whose presale (code PATRIOT50X) has drawn thousands of investors. Analysts recommend diversifying between established leaders and emerging projects—balancing strong DeFi fundamentals with high-risk, high-reward opportunities—to capitalize on the upcoming market upswing.

The TRUMP meme coin has formed a bearish head-and-shoulders pattern on the daily chart, with a critical support level at $8.40. A confirmed break below this neckline could trigger a 13% drop to around $7.30. Despite an 18% weekly decline, trading volume jumped 40%, signaling strong downside momentum. Technical indicators also show a weak RSI at 39, while Bollinger Bands near the lower boundary hint at a possible short-term bounce. On-chain data reveals $15 million of TRUMP flowed out of exchanges, suggesting accumulation, and traders have opened $5.36 million in long positions versus $3.52 million in shorts around key levels.

Cryptocurrency market surged after Fed Chair Jerome Powell hinted at possible rate cuts during the Jackson Hole Economic Symposium. Bitcoin (BTC) jumped 4% to $116,000, while Ethereum (ETH) led gains with a 13% rise to $4,740. Altcoins rallied: XRP climbed 5%, Solana (SOL) added 4%, and Binance Coin (BNB) soared 8% to hit a new resistance at $882. Powell’s comments on upcoming Fed rate cuts weakened the dollar and boosted crypto demand. Analysts at Julius Baer flagged a strong crypto-equity correlation and warned of heightened volatility around Fed policy updates. On social media, experts predicted a bullish Q4 but cautioned a “sell-the-news” reaction once rate cut certainty peaks. Signals of rate reductions as early as September further supported optimism. Traders are advised to monitor Fed communications and key support levels as the market tests new highs.

An on-chain whale with a 100% trading success rate in PEPE has increased its holdings by 183.7 billion PEPE tokens, worth approximately $2.035 million, after a five-month hiatus. The acquisition occurred nine hours ago via a Binance withdrawal at an average price of $0.00001107 per token. The whale now holds 1.31 trillion PEPE, bought at an average cost of $0.00001683, reflecting an unrealized loss of about $7.25 million. Since opening the position in June 2024, the value of its PEPE stake has declined by 69%. Despite the drawdown, the whale’s continued accumulation signals sustained confidence in PEPE. Traders should monitor on-chain whale activity and token supply dynamics for potential market movements.

Gate.io announced the FST listing on its spot trading platform and simultaneously launched the 283rd FreeStyle Classic Token (FST) HODLer Airdrop. The FST listing event begins on August 23 and users holding at least 1 GT token as of 14:00 (UTC+8) on August 24 can claim a share of 150,000 FST. This FST listing and airdrop initiative aims to enhance FST liquidity, reward GT holders, and drive token adoption on Gate.io.

Ledn co-founder and CEO Adam Reeds says the Bitcoin treasury trend is cooling as digital asset treasury (DAT) market value dips under $150 billion. He notes that the outsized gains from aggressive coin hoarding—such as MicroStrategy’s 24x and Bitcoin’s 10x rise—are harder to replicate. Recent data show the combined Bitcoin holdings of DAT firms dropped from $165 billion to $134 billion despite Bitcoin’s relative price stability. Public assets tied to these models have lost value, and share prices across the sector are down. Reeds warns that many DAT firms lack unique management skills or robust capital allocation frameworks to support premium valuations. Although these companies focus on raising cryptocurrency per share, their ability to sustain above-market returns is unclear. This cooling of Bitcoin treasury fever suggests less momentum for large-scale crypto accumulation. Traders should watch DAT market cap and sector performance as indicators of institutional appetite for digital asset reserves.

Arctic Pablo Coin has surged through its presale stage 37, offering investors an unprecedented ROI of 11,200%. Priced at $0.00088 per token, the presale will list at $0.008, guaranteeing an 809% immediate gain. Analysts forecast a rise to $0.1, implying a total ROI of 11,263.63%. Early backers can use code BONUS100 for a 100% token bonus. The project features 66% APY staking, deflationary burns, and multi-currency acceptance (BTC, ETH, SOL, XRP). Meanwhile, Solana (SOL) price hovers near $182.75, forming a bullish flag pattern. A breakout above $190–205 could drive SOL toward $225–260. Solana’s momentum is also affecting ecosystem meme coins. BONK slips to critical support around $0.000025, facing 13% weekly losses. Technical charts hint at a cup-and-handle rebound, but a high token supply limits upside. Fartcoin (FARTCOIN) trades near $0.88 after a 21% drop. Whale-driven pumps and dumps show volatility; some analysts see 2–5x potential from current levels. Overall, Arctic Pablo Coin leads with the highest 100x potential, backed by robust tokenomics. Solana’s strength and meme coin trends in BONK and Fartcoin suggest mixed market sentiment for traders.

Coinbase has imposed in-person training and stricter hiring policies after North Korean IT workers posing as remote contractors infiltrated its staffing channels. The security breach exposed data from 69,461 user accounts, though no significant digital assets were stolen. Coinbase estimates remediation costs between $180 million and $400 million and refused a $20 million extortion demand. New measures include mandatory US citizenship for sensitive roles, enhanced background checks and tighter access controls. The crypto exchange’s move aims to curb insider threats and bolster security. Industry experts note that face-to-face onboarding can prevent impersonation risks. The incident underscores the importance of robust identity verification and may drive peers to adopt similar security standards.

US regulators are intensifying their focus on crypto trading, with the Commodity Futures Trading Commission (CFTC) announcing expanded market oversight as a top priority. CFTC Chair Rostin Behnam revealed plans to require major digital-asset platforms to register as designated contract markets (DCMs) or swap execution facilities (SEFs). The agency will also boost data surveillance by expanding its Market Analysis and Information section to track spot trading volumes, open interest and potential manipulation. This initiative follows President Biden’s Executive Order on digital assets and is designed to enhance market integrity and customer protection. Collaboration with the SEC aims to prevent regulatory overlap. Amid record-high bitcoin and ether derivatives volumes on CME and Bakkt, stakeholders warn that stricter oversight could drive businesses offshore. However, proponents argue that clear crypto trading rules will attract more institutional capital and improve long-term market stability. Detailed proposals are expected later this year.

According to OKX trading data on August 23, MEME led 24-hour gains in the cryptocurrency market with a 55.65% rise to $0.00403. Other top gainers included AAVE (+10.20%, $352.38), LDO (+8.81%, $1.559), ARB (+7.54%, $0.579), and ORDI (+7.20%, $9.782). On the flip side, CRO topped losses, falling 2.37% to $0.151. Additional declines were seen in RAY (-0.67%, $3.464), LINK (-0.41%, $26.35), BCH (-0.39%, $593.80), and ALGO (-0.15%, $0.261). Traders may view MEME’s surge as a sign of renewed interest in meme tokens, while the modest drop in major coins like CRO and LINK suggests cautious market sentiment.

In August 2023, South Korean police in Seoul arrested a fugitive linked to a 17.7 billion won (approximately $13.2 million) cryptocurrency scam. The suspect had evaded authorities since 2020. He allegedly defrauded around 1,300 investors in a large-scale cryptocurrency scam between 2018 and 2019. After his escape, the Seoul Southern District Prosecutors’ Office led the investigation. Officers apprehended him during a routine stop for littering in a Seoul neighbourhood. The arrest highlights South Korea’s enhanced law enforcement efforts against crypto crime. The suspect now faces fraud charges related to the scheme.

Arch Network launches a bridge-free Bitcoin DeFi environment via ArchVM, combining Solana’s eBPF VM, DAG-based parallel processing, dPoS consensus and FROST/ROAST threshold signatures. Native Bitcoin DeFi apps like Saturn DEX, Autara Finance and Bump are already on testnet. Arch’s model may drive on-chain fee volume post-mining subsidy, bolstering Bitcoin’s sustainability. In US stock tokenization, three models vie for dominance: Robinhood’s B2C derivative contracts under MiFID II; xStocks’ SPV-backed SPL tokens on Solana for open composability; and StableStocks’ licensed broker agent model offering a “DeFi-lite” playground. All face liquidity, rights and centralization challenges. Five Asian public companies are rapidly expanding BTC treasuries: Next Technology (5,833 BTC), Canaan-backed miner (4,679 BTC), Boyaa Interactive (3,416 BTC), Nano Labs (1,000 BTC) and DDC (588 BTC), signaling growing institutional Bitcoin demand in the region. The 2025 DeFi lending market tops $120 billion in deposits and $50 billion in loans. Aave leads with $65 billion deposits and $27 billion loans. Morpho, SparkLend and Kamino follow. Stablecoins and ETH liquid staking tokens dominate collateral. Multi-chain expansion sees Kamino on Solana and Morpho on Base gaining ground. In a Jackson Hole interview, Arthur Hayes predicts an autumn pullback and sets a long-term ETH target of $10,000–20,000, underlining resilient market fundamentals. These developments—from Bitcoin-native DeFi and tokenized assets to corporate treasury strategies and DeFi lending leadership—underscore a bullish outlook for crypto markets.

An Ethereum whale address sold 2,277 ETH at an average price of $4,203, netting roughly $9.57 million. Shortly after, the same whale repurchased 1,966 ETH at about $4,869 each, spending another $9.57 million. On-chain data shows the whale’s net holdings decreased and the position now sits at an unrealized loss of around $188,000. This Ethereum whale activity highlights FOMO-driven ETH trading and underscores the risks of chasing price momentum. Crypto traders should monitor on-chain whales and ETH sale patterns to gauge potential short-term volatility and trading opportunities.

Ondo Finance (ONDO) is set to introduce tokenized stocks on the Ethereum network on September 3, marking a major DeFi milestone. Tokenized stocks are blockchain-based representations of traditional equities, enabling fractional ownership, 24/7 trading, faster settlement, and enhanced transparency. ONDO’s native token surged 8.49% to $0.9954 on the announcement, reflecting strong market anticipation. By combining real-world assets with programmable smart contracts, Ondo Finance aims to bridge TradFi and DeFi, unlocking new liquidity and global market access. Key challenges include evolving regulatory clarity, initial liquidity constraints, custody security, and integration with legacy systems. Despite these hurdles, tokenized stocks could democratize investment and drive broader DeFi adoption, potentially inspiring other institutions to tokenize assets such as real estate or commodities. As Ethereum remains the leading smart contract platform, Ondo Finance’s launch may accelerate the convergence of traditional finance and blockchain innovation.

Coinglass data on August 23 shows that Ethereum surged to a new intraday high. Despite the rally, ETH funding rates on major centralized exchanges remained broadly neutral. This indicates a balanced long-short positioning among traders. Funding rates are periodic fees on perpetual contracts that align derivative prices with the spot market. A 0.01% reading is considered neutral. Rates above 0.01% signal bullish bias, while below 0.005% suggest bearish sentiment. Currently, ETH funding rates hover around the neutral threshold, reflecting caution in leverage use. Traders view this stability in Ethereum funding rates as supportive of sustained price momentum without overextension risks.

Analyst Steph_iscrypto predicts that XRP has entered its hardest XRP bull market ever. Historical breakout patterns since 2022 show XRP breaking out from descending trendlines and sparking rallies. In 2022 the rally was brief, but 2023 saw a stronger push after a U.S. court ruled XRP is not a security. Late 2024 brought an extended move above $3. In July 2025 XRP broke the key trendline, ending consolidation. The chart forecast targets a rally to the $14 zone, potentially matching or exceeding past cycles. While some experts project $60, the consensus points to a double-digit rally. Traders should note XRP’s repeating breakout cycles and strong community support. This XRP bull market could offer high-return opportunities.

Market momentum has shifted to crypto presales as investors hunt for the next breakout. MAGACOIN FINANCE presale is forecasted to deliver up to 12,500% ROI, backed by a community-driven brand and institutional-grade ecosystem. Whale investors are already accumulating, signaling strong upside potential. Alongside MAGACOIN FINANCE, established altcoins XRP and HBAR remain in focus. XRP’s outlook depends on the SEC’s delayed ETF decision, now set for October 2025—approval could drive regulatory-driven gains and lift XRP above $3. Meanwhile, HBAR benefits from enterprise partnerships, Swarm tokenized stock launches, and ETF-linked speculation, despite August’s typical weakness. With altcoin and Bitcoin stagnating, the MAGACOIN FINANCE presale stands out as the best crypto presale opportunity of 2025. Traders are advised to act swiftly before the window closes.

Dogecoin is trading above a long‐term rising support trendline, forming a bullish weekly structure that signals accumulation. Key Fibonacci extension levels mark immediate resistance at $0.43038 and a higher target at $1.08453. Traders should watch for a decisive weekly close above the $0.43 zone on rising volume as confirmation of a sustained breakout. The pattern of repeated weekly higher lows underpins the bullish case. A successful retention of the trendline on pullbacks would pave the way toward the $1 region within several months, depending on broader market liquidity and macro conditions. Risk management around the $0.43 level—using stops just below the ascending support or recent swing lows—can help define exposure. Overall, the combination of rising support and Fibonacci targets frames a clear roadmap for potential Dogecoin upside.

Bitcoin has slid below $120,000 after peaking above $124,000 last week, marking a 7.7% drop from its all-time high and a 3% decline over seven days. Data from CryptoQuant’s QuickTake shows that waning buy-side momentum on Binance has driven recent price weakness. Between early August and August 22, Binance’s Volume Delta turned negative as net outflows from buyers approached $600 million, indicating that sellers are dominating spot markets. Meanwhile, unusual transfers of Bitcoin from Binance to miner wallets suggest miners are withholding supply, hinting at potential future support by reducing immediate selling pressure. Traders should monitor spot market demand and miner behavior for signs of renewed strength or further correction.

Crypto analyst Bitcoinsensus forecasts Ondo Finance’s ONDO token could surge 350% from around $1 to $3.10 based on Elliott Wave theory, expecting a third-wave rally. Ondo Finance dominates the tokenized U.S. Treasuries market, managing about $1.25 billion—over 80% share of a $7.43 billion sector up from $100 million in 2023. Its products USDY and OUSG hold $250 million on Solana, with expansion to XRP Ledger and institutional tie-ups with BlackRock and JPMorgan. Stablecoins like USDT and USDC also underpin $200 billion in Treasury demand, bolstering real-world asset (RWA) growth. ONDO’s on-chain activity and TVL ($1.39 billion) are rising, while technicals show price breaking above key moving averages and RSI at 66. Critical resistance levels lie at $1.20, $1.50, and $2.15. Risks include U.S. Treasury yields, competition, regulatory shifts, and technical support failure.

Crypto market sees OKB burn-driven rally and Kanye West’s YZY meme coin skyrocketing, while traders await Fed Chair Powell’s Jackson Hole speech. OKB’s token burn led to a significant price jump, boosting other platform and ecosystem tokens. Kanye’s YZY briefly reached a $3 billion market cap amid insider trading and heavy manipulation concerns. Ether fell below $4,100 as market pressure mounts and over 870,000 ETH await unstaking, risking further sell-offs. Analysts predict the current bull cycle may extend into 2026, advising dip-buying in September and profit-taking in Q4. Key developments include Circle’s Malachite acquisition and Arc testnet launch, DeepSeek’s V3.1 model rollout, Hyperliquid’s record $102.4 million per capita revenue, and expectations that the Fed will hold rates in September. AI and Meme sectors gain traction with generative video applications and DeFAI narratives emerging.

Parallel Finance, the now-defunct NFT lending platform, has begun charging a $500 withdrawal fee to users who failed to reclaim their digital assets during the six-month wind-down period. Over $800,000 worth of blue-chip NFTs remains locked in the platform’s smart contract. Without front-end support, non-technical users faced barriers to manual withdrawal, prompting the team to levy a flat NFT withdrawal fee. oSnipe founder 0xQuit flagged the issue on X and published a step-by-step Etherscan guide for manual asset recovery. His analysis revealed 11 BAYC, 39 MAYC and 2 Doodle NFTs still stranded on Parallel Finance. Traders and NFT holders should note the developer’s workaround to avoid the fee and plan withdrawals accordingly.

On-chain monitoring by Onchain Lens reveals that a long-term institutional whale, which has held 10,606 BTC for up to seven years and previously traded on Hyperliquid, has realized $1.12 billion in aggregate profit and currently carries an unrealized gain of $161 million. The Institutional Whale’s latest portfolio shows a spot holding of 118,277 ETH (~$571 million) with $87 million in estimated profit, alongside a derivatives long of 135,265 ETH (~$653 million) yielding about $73 million in profit. This accumulation of ETH spot and ETH derivatives underscores the whale’s bullish sentiment on Ethereum amid ongoing market volatility and highlights the growing role of on-chain analysis in tracking large-scale crypto positions.

Bitcoin is retesting its $108,000 neckline after breaking out from an inverse head and shoulders pattern formed between December 2024 and June 2025. Trading around $112,888 with a $32.67 billion 24-hour volume and $38.09 million in liquidations skewed toward longs, BTC’s ability to hold $108K support is critical. On-chain metrics show a circulating supply near 19.91 million BTC and a market cap of $2.247 trillion. Derivatives data reveal $69.87 billion futures volume (down 9.9%), $81.17 billion open interest, and $5.79 billion options volume (up 26.95%). Traders should watch weekly closes above the $108K level and volume confirmation. A sustained hold would validate the breakout and keep the bullish $144,105 target in play, while a decisive breach risks a deeper correction toward lower support zones. Short-term momentum hinges on holding the neckline, and long-term bull projections remain intact if market participation stays robust.

Analysts identify MAGACOIN FINANCE, Cardano (ADA), Polygon (MATIC), Arbitrum (ARB) and Aave (AAVE) as the top five altcoins with potential for a 20,000% ROI. MAGACOIN FINANCE stands out with its zero-tax, community-driven model and audited smart contracts, drawing early-stage trader interest ahead of key listings. Cardano’s token jumped over 130% since July and now trades near $0.85 amid governance debates and a pending audit designed to restore confidence. Polygon’s TVL reached $1.23 billion in 2025 thanks to DeFi activity on QuickSwap and Polymarket, while enterprise adoption and the MATIC-to-POL upgrade drive network resilience. Arbitrum won Wyoming’s bid to mint its U.S. Treasury-backed stablecoin FRNT and may onboard 1 million+ Ronin users via Orbit integration. Aave’s V3 protocol powers Kraken’s Layer 2 lending with a revenue-sharing model, and its Pendle Finance tie-up has unlocked significant fixed-income exposure. Traders are advised to diversify across these established ecosystems and monitor MAGACOIN FINANCE for timely entry before listings.

Galaxy Digital has transferred a total of 6,812 ETH in two large on-chain transactions. One newly created wallet (0xa7a…) received 4,812 ETH (≈$23 million), while a separate whale address (0xDda…) was credited with 2,000 ETH (≈$9.63 million). On-chain Lens analytics flagged these transfers about four hours ago. Galaxy Digital’s large-scale ETH movement suggests strategic asset reallocation by a major institutional player. Traders should monitor subsequent wallet activity and exchange inflows for liquidity signals. As no immediate exchange deposits were observed, these transfers alone do not confirm trading intent or imminent price impact.

Apple has released security updates to fix zero-day vulnerability CVE-2025-43300, which allowed remote code execution via crafted image files on iOS, iPadOS and macOS. The image zero-day posed a direct threat to hot crypto wallets, exposing Ethereum wallets and Bitcoin wallets to potential exploits. CISA confirmed active exploitation targeting mobile crypto users. Users should install the latest Apple patch immediately. Recommended steps include backing up devices with encryption, updating via Settings → General → Software Update, restarting to apply patches, and reviewing wallet app permissions. For significant holdings, consider moving assets to cold storage until device integrity is assured. The Apple patch restores wallet security and blocks the exploit vector used by CVE-2025-43300, reinforcing trust in mobile crypto wallets.