Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

US Ethereum spot ETF complex saw a $241 million weekly net outflow, according to Farside Investors. Grayscale’s ETHE and Ethereum Trust led withdrawals with $88.9m and $50.4m outflows, respectively. Fidelity’s FETH recorded $79.7m of redemptions, followed by BlackRock’s ETHA at $8.3m, JPMorgan’s QETH and Franklin Templeton’s EZET each at $7.4m, and VanEck’s ETHV at $1.6m. Only Bitwise’s ETHW saw a $2.9m inflow. These verified figures highlight shifts in institutional allocations and liquidity dynamics for the Ethereum spot ETF market. Traders can use this data on ETF flows for portfolio positioning and risk management. This net outflow underscores short-term selling pressure amid evolving market sentiment and may influence price volatility.

Shiba Inu recorded a significant SHIB burn as 59.4 million tokens were removed from circulation over the past week. Despite three major burns totaling over 47 million SHIB (27.06M, 10M, 10M), the weekly SHIB burn rate fell by 42%, even though the daily burn rate climbed by 13.7%. The drop in the SHIB burn rate contrasts with only 79,519 tokens sent to unspendable wallets in daily burns. Concurrently, SHIB price rallied 11.52% in a single day, reaching a local peak of $0.00001350 before retracing to $0.00001330. This rally aligned with Bitcoin’s brief surge above $117,000 and followed Fed Chair Jerome Powell’s indication of an interest rate cut next month. Ethereum also hit a new all-time high for the first time since November 2021.

Maxi Doge presale gained momentum when an anonymous whale invested $32,000 in a single transaction on the new meme token. The project has raised over $1.45 million so far, positioning it as a standout candidate for the upcoming altcoin season following recent Bitcoin (BTC) and Ethereum (ETH) rallies. Unlike established meme coins like DOGE and PEPE, Maxi Doge offers a gym-bro theme backed by a clear roadmap. The team has reserved 40% of the total supply for marketing efforts, including PR campaigns and influencer collaborations. Holders also unlock weekly trading competitions, leaderboard prizes, and planned CEX, DEX, and futures listings that could enable high-leverage trades. Priced at just $0.0002535 per token, the Maxi Doge presale remains in its early stages, giving traders a chance to enter before mainstream exposure. However, the high-risk nature of meme coins means investors should conduct thorough research before participating.

Traders are shifting focus from Shiba Inu’s soaring burn rate to Layer Brett’s high-yield staking rewards. While the SHIB burn mechanism aims to create scarcity by permanently removing tokens, its price impact remains slow and uncertain. Layer Brett (LBRETT), an Ethereum Layer 2 project, offers immediate utility through a 3,000% APY staking program. This approach not only generates direct income for holders but also supports fast, low-cost transactions and active community growth. Investors can join the presale at a fixed price ($0.0047) and start earning rewards within minutes of staking. The contrast between speculative token burning and actionable yield is driving traders toward projects that combine robust tokenomics with tangible utility. As market conditions remain volatile, Layer Brett’s guaranteed returns and clear roadmap appeal to risk-averse and yield-seeking participants. Many traders are adopting a balanced strategy—maintaining SHIB positions for long-term scarcity bets while allocating a portion of their portfolio to LBRETT for short-term gains. This trend underscores a broader shift in crypto investing, where utility-based projects are setting new standards for token value.

China Renaissance, a Hong Kong–listed investment bank, signed an MoU with YZi Labs on August 22, 2025, to allocate $100 million toward Binance Coin (BNB). The move marks a major step toward institutional adoption of BNB in regulated markets. The bank will leverage BNB’s ecosystem for new business applications and provide financial expertise to the Binance Chain. Following the announcement, BNB surged to an all-time high of $899, breaking past resistance and signaling strong bullish momentum. Technical indicators show solid support at the 50-week SMA of $654 and a breakout above the $800 zone, opening a path toward $950–$1,000. This large-scale institutional commitment sets a precedent for other financial players in Asia and reinforces BNB’s role as a credible digital asset in global markets.

Bitcoin is retesting a broken ascending trendline near $118.5K after slipping below it last week. A daily close above $118.5K would validate the trendline flip to support and signal bullish continuation toward resistance at $121K–$123.2K. Failure to reclaim $118.5K risks a deeper pullback toward the 200-day moving average around $103.3K, a critical liquidity zone for buyers. Traders should watch volume and daily close behavior to validate the Bitcoin trendline retest and differentiate a true breakout from a false move. A clear breakout with sustained volume may trigger trend-following entries, while rejection could lead to accelerated stops and liquidation of shorts. The Bitcoin trendline retest at $118.5K is a pivotal moment; market reaction will set the tone for the next leg up or down.

CME XRP Futures open interest reached a record 12 million XRP (≈$9.02 billion), signaling rising institutional demand ahead of potential spot XRP ETF approvals. While total futures OI later cooled to $7.3 billion as XRP’s price dipped from $3.60 to $2.80, reduced selling by whale cohorts holding 10 million–1 billion tokens established support at $2.80. If large holders resume accumulation, a price rebound is likely. Market watchers view robust CME XRP Futures activity as a positive signal for spot XRP ETF timelines, though approvals remain subject to regulatory review. Meanwhile, Chainlink (LINK) outperformed XRP with roughly 75% gains this quarter, reflecting momentum rotation. Key catalysts for XRP’s recovery include renewed whale bids, ETF progress and stabilization in open interest matched by rising prices.

Binance has initiated the WLFI listing on its pre-market trading platform, giving users early access ahead of its full market launch. This WLFI listing on Binance pre-market opens new trading pairs and liquidity opportunities. Traders should prepare orders as trading initiates. The WLFI listing aims to boost token visibility and reach Binance’s global user base. No official trading pairs or times have been announced yet; users are advised to enable notifications for updates. This pre-market listing underscores growing demand for novel crypto tokens and enhances early trading potential.

Binance futures has introduced pre-market trading for World Liberty Financial (WLFI), an altcoin tied to former US president Donald Trump. The futures contracts for WLFI enable traders to speculate on WLFI price movements before the spot market opens. By listing WLFI futures, Binance aims to boost liquidity and broaden its product offerings. The trading pairs will support standard margin and leverage options, giving traders increased access to this politically themed altcoin. Market participants may anticipate heightened volatility and trading volume around the WLFI futures launch. This development follows Binance’s previous altcoin futures rollouts and underscores its strategy to capture emerging crypto trends.

On August 22, 2025, the Federal Reserve officially ended its 2020 flexible average inflation targeting framework at the Jackson Hole symposium, reverting to a pre-2020 policy posture with tighter inflation control and sustained higher interest rates. The pivot triggered broad equity rallies as traders anticipated clearer rate management, while raising the likelihood of elevated short-term crypto volatility. Historically, major Fed policy shifts have led to double-digit intraday moves in Bitcoin and Ethereum, highlighting increased risk for digital assets. Investors are advised to shorten duration exposure, employ protective options strategies, and rebalance portfolios to reflect heightened interest-rate sensitivity. Monitoring on-chain exchange flows and stablecoin supply can provide early liquidity signals, while basing tactical moves on Fed minutes and official communications is critical. As the Fed’s Jackson Hole pivot reshapes rate expectations, crypto traders should prepare for rapid repricing and maintain liquidity management strategies to navigate potential swings in Bitcoin, Ethereum and other digital assets.

Fed Chair Jerome Powell’s Jackson Hole speech sparked a swift $200 billion crypto market rally. Bitcoin climbed from below $112 000 to over $117 000, lifting its market cap past $2.3 trillion and trimming dominance to 56.5%. Ethereum jumped from under $4 200 to near $4 900, and Binance Coin reached $900. Other altcoins posted gains: Solana +10%, Cardano +7%, Dogecoin +9%, SIU +9%, Stellar +5.5%, Avalanche +9%, and XRP reclaimed the $3.00 level. The overall crypto market cap approached $4.1 trillion. Traders viewed Powell’s cautiously optimistic remarks on future rate cuts as a bullish catalyst, driving rapid inflows and renewed risk-on sentiment.

Dogecoin surged 11% to $0.24 as trading volume nearly doubled its monthly average, signaling significant institutional inflows. The breakout followed a softer Federal Reserve stance on crypto and Wyoming’s launch of a state-backed stablecoin. Whale wallets amassed 680 million DOGE tokens in August, while Trump-linked firm Thumzup acquired Dogehash in a $50 million deal to create the largest DOGE mining operation. SoFi integrated Bitcoin’s Lightning Network for remittances, boosting broader digital asset adoption. Technical analysis shows Dogecoin holding support at $0.21 with consecutive higher lows, suggesting sustained buying pressure. Volume peaked at 28.1 million DOGE during the late-session rally, confirming accumulation above the $0.24 resistance. Traders will watch for a clean breakout to $0.26 and monitor futures open interest for momentum confirmation. Dogecoin’s bullish structure underscores renewed risk appetite across crypto markets and may drive further upside in both spot and derivatives sectors.

Ethereum netflows recorded a $516.4 million inflow over the past week, dwarfing rival chains such as Polygon ($102.9 million). These Ethereum netflows highlight investor conviction amid Federal Reserve Chair Powell’s Jackson Hole remarks, which fueled interest-rate cut speculation and boosted risk assets. Concurrently, Ethereum broke its all-time high near $4,860, closing at $4,876 after a 13% daily gain, confirming sustained bullish momentum. On-chain metrics show shrinking exchange supply, rising institutional adoption, and active DeFi and staking activity. Technical indicators point to strength, with ETH trading above its 50-, 100-, and 200-week moving averages. Key support rests at $4,200–$4,300, while resistance enters price-discovery territory. Traders should monitor derivatives open interest and liquidity trends for further upside signals. Overall, the Ethereum rally and netflow dominance underscore its leading role in DeFi and the broader crypto market.

Japan’s Financial Services Agency (FSA) plans a crypto tax overhaul in its 2026 tax revision. The proposal includes two measures: reclassify crypto gains from miscellaneous income to the same tax category as stocks, imposing a flat 20% rate, and amend law to designate digital assets as financial products under the Financial Instruments and Exchange Act. This reclassification applies insider trading rules, disclosure standards, and investor protections. Currently, crypto profits face progressive rates exceeding 50%, while stocks and bonds are taxed at 20%. The crypto tax adjustment may also open the door to crypto-linked ETFs and tighter regulation, aiming to boost transparency and attract investors.

Ethereum price climbed above $4,500 as institutional investors accumulated large positions and withdrew significant volumes from exchanges. On-chain data shows concentrated flows to custody and cold wallets, reducing sell-side liquidity and fueling bullish momentum. Major institutions like BitMine Immersion Technologies and SharpLink Gaming increased ETH holdings, driving a notable drop in exchange balances. Analyst confidence has grown, highlighted by Standard Chartered raising its 2025 Ethereum price target to $7,500. This upgrade underscores stronger long-term valuation from institutional risk teams and bolsters market sentiment. Sustained exchange outflows, combined with rising trading volumes, suggest short-term upside potential, contingent on continued institutional demand, regulatory clarity, and macroeconomic conditions. Approval of a spot ETH ETF could further accelerate inflows, though regulatory outcomes remain uncertain. Traders should watch exchange balances and institutional flows as key indicators for Ethereum’s next moves. Volatility may persist, offering opportunities for both long positions and short-term trades.

The crypto market is at a crossroads, showing signs of transition rather than a classic bear market. Analysts argue the bear market label is premature amid sustained rallies. Despite early 2025 declines exceeding 20%, Bitcoin and major cryptocurrencies rebounded, driven by retail optimism and strong institutional support. Surveys indicate around two-thirds of investors are bullish. Institutional adoption accelerated after SEC approval of spot Bitcoin ETFs, boosting liquidity and drawing mainstream finance through corporate digital asset reserves and high-profile IPOs. Macro factors such as persistent inflation and evolving crypto-linked banking services add complexity, but analysts—including PlanB—view recent dips as temporary market corrections. Overall, the crypto market outlook remains positive, with the current phase seen as a buying opportunity ahead of potential long-term growth.

Algorand (ALGO) has broken above its descending trend line and is trading around $0.265. A key support zone lies at $0.25–$0.27, with stronger demand at $0.22–$0.24. Bulls need to sustain above $0.25 to prevent a pullback to $0.22. Resistance clusters at $0.30–$0.32; a daily close above this range could drive ALGO toward $0.35–$0.40 and potentially $0.44. The RSI sits at 52.82, indicating neutral-to-mild bullish momentum, while the MACD is slightly negative but ready for a bullish crossover if volume increases. Traders should watch for a volume-backed MACD flip and a confirmed break above $0.32. Failure to maintain $0.25 support risks re-testing the $0.22 demand base.

A leading crypto analyst, CryptoSensei, criticized extreme XRP price prediction forecasts, calling projections of $500 to $1,000 implausible in the near term. He echoed investor Paul Barron’s stance that such XRP price prediction figures lack grounding in current market fundamentals. Public figures have a responsibility to clarify the uncertainty behind bold price forecasts to protect retail investors from undue financial risk. CryptoSensei highlighted that high-profile endorsements of speculative targets can mislead followers who may act on these predictions. He urged commentators to separate long-term hypothetical scenarios from realistic short-term probabilities and to support any XRP price prediction with transparent evidence and assumptions. While acknowledging XRP could see significant gains under extreme systemic shifts, CryptoSensei stressed the importance of balancing optimism with probability. His warning serves as a reminder for investors to treat bold price forecasts with skepticism and for influencers to communicate uncertainties clearly.

Bitcoin Asia 2025 in Hong Kong (Aug 28–29) will gather around 15,000 attendees and more than 200 global speakers, including Adam Back, CZ and Balaji Srinivasan. The two-day conference highlights recent regulatory advances, such as Hong Kong’s approval of spot Bitcoin and Ethereum ETFs in April 2024 and the enactment of a Stablecoins Ordinance in May 2025. Organised by BTC Media, Bitcoin Asia 2025 underscores the city’s effort to become a crypto hub, supported by HKMA and SFC pilot frameworks for exchanges and custodians. APAC accounts for 43% of global crypto ownership, with regional asset management revenue reaching US$300.4 million in 2024 and projected to grow to US$1.46 billion by 2030. Bitcoin Asia 2025 offers traders policy updates, institutional perspectives and networking opportunities that could influence market trends and digital asset adoption across Asia. As retail and corporate participation in Bitcoin expands—with local firms holding BTC treasuries and Southeast Asia posting US$30 billion in digital transaction volume last year—the conference may bolster confidence and drive new capital inflows into the APAC crypto market.

Huatai Securities fixed-income research warns of mounting downside risks to US employment growth, suggesting a shift in the Fed’s risk balance. After Chair Powell’s Jackson Hole speech, market participants have fully priced in a Fed rate cut. The report forecasts a 25bp Fed rate cut in September as the baseline scenario. It also sees a higher probability of two 25bp cuts in Q4 rather than just one. Factoring in potential influence from the Trump administration, this easing cycle could exceed market expectations. The anticipated Fed rate cut and broader monetary easing are likely to bolster risk sentiment and asset prices.

ONDO’s tokenization of real-world assets (RWA) has surged 7000% since 2023, with Ondo Finance leading at $1.3 billion AUM. A whale purchased 1.35 million ONDO tokens under $1, signaling investor confidence amid broader market declines. Stablecoins on Solana grew to $250 million. ONDO expanded minting to CoWSwap, testing American Express tokenization. Despite strong fundamentals, ONDO’s price formed two bearish reversal patterns, dropping from $1.15 to $0.85 and from $1.10 to $0.90. Support at $0.90 aligns with a Chaikin Money Flow uptrend (0.17), but head-and-shoulders could push price back to $0.85. Traders should watch ONDO’s ability to hold $0.90 and wider Bitcoin market reactions for potential rebounds.

XYZVerse presale has raised over $15 million across 13 stages at a current price of $0.0054, targeting a $0.10 listing. Its tokenomics allocate 15% to liquidity, 10% to community rewards and 17.13% to deflationary burns. Partnerships with decentralized sportsbook bookmaker.XYZ, a community-driven ambassador programme and planned celebrity endorsements have driven 95% positive sentiment on CoinMarketCap. By contrast, Shiba Inu (SHIB) and Pepe (PEPE) trade in narrow ranges, with SHIB down 3.7% weekly and 20% over six months, and PEPE down 5.8% weekly and 26.6% monthly. Both memecoins show neutral momentum and await fresh catalysts. Traders should monitor presale stages, listing updates, volume and support levels as XYZVerse’s strong community backing and clear tokenomics position it for potential breakout gains.

Legendary trader Peter L. Brandt praised Ethereum’s latest surge to a new all-time high as “Powerful” in a single-word X post. Ethereum jumped over 15% in one day, climbing from $4,238 to $4,885—its highest level since November 2021. The breakout followed Federal Reserve Chair Jerome Powell’s announcement of an upcoming rate cut, driving a swift crypto market reaction. Bitcoin dominance fell to 56.5% as ETH momentum strengthened. At press time, Ethereum traded around $4,739. Bitcoin also rallied, rising 4.6% to hit $117,420 before settling near $115,700. Coinbase CEO Brian Armstrong echoed the bullish sentiment, congratulating the community on the record-breaking Ethereum ATH.

Binance has integrated Meta Protocol ($MTP) into its Alpha Projects program, enabling early access and trading via its experimental platform. This addition allows $MTP token holders to participate in Binance’s Alpha Projects, potentially leading to increased liquidity and user engagement. The listing underscores Binance’s ongoing strategy to vet and promote emerging crypto projects. While Alpha Projects listings are initially limited in scope, they often precede broader market availability. Traders may see a short-term price boost for MTP driven by heightened interest on Binance, though longer-term performance will depend on Meta Protocol’s development milestones and market adoption.

In October 2024, the Radiant Capital hacker exploited a DeFi protocol to steal $53 million. The attacker converted the assets into about 21,900 ETH at an average price of $2,420. Instead of immediate liquidation, the hacker used ETH swing trading to amplify returns. On-chain analysis revealed a purchase of 4,914 ETH at $4,167 followed by a sale of 3,931 ETH at $4,726 on August 23, 2025. By leveraging ETH swing trading, illicit funds grew to an estimated $104 million. Current holdings include 13,300 ETH and 42.03 million DAI. This incident underscores persistent DeFi security gaps and shows the sophistication of modern exploits. It also highlights the growing role of on-chain forensics in tracking fund flows. DeFi protocols must strengthen smart contract audits, and traders should monitor on-chain signals to gauge ripple effects on market sentiment.

Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium revived crypto sentiment, sending the Crypto Fear & Greed Index from Neutral (50) to Greed (60) on Saturday. This resurgence in crypto sentiment coincided with a 5% spike in Bitcoin to around $117,300, liquidating $380 million in shorts. Ether surged over 11% to reclaim its 2021 all-time high near $4,878. Axie Infinity co-founder Jeffrey Zirlin noted Ether’s sensitivity to rate moves as lower interest rates widen DeFi yields over bank deposits. The CME FedWatch Tool shows 75% odds of a September rate cut. While some Fed officials, like St. Louis Fed President Alberto Musalem, remain cautious, traders had anticipated a market rally if Powell leaned dovish. The reaction highlights how rate-cut expectations can boost liquidity and risk appetite in crypto markets.

XRP has rebounded above $3, eyed at $3.10 for a potential move toward $4, driven by institutional adoption, ODL usage and ETF optimism. Whale selling earlier this week tested support near $2.72, but renewed buying suggests bullish momentum. Solana jumped 10% to trade near $206, with key support at $175–$180 and resistance around $205–$210. ETF-driven staking demand and rising DeFi activity have lifted open interest and total value locked, underpinning a potential rally to $250–$260, or even $300 if momentum continues. Analysts highlight that clearing these technical levels could spark the next leg of altcoin performance through H2 2025, as ETF clarity and structural flows strengthen bullish price action for XRP and Solana.

On August 23, on-chain data shows Trend Research withdrew 1 million PENDLE tokens (~$5.83 million) from Binance. Trend Research’s on-chain crypto portfolio totals about $770 million across seven assets, led by 108,000 ETH (worth $516 million at a $2,250 cost basis), followed by 670 million NEIROETH (67% of holdings, ~$87.6 million), 5.41 million UNI (~$60.9 million), 3.75 million FORM (~$13.2 million), 228,700 COMP (~$11.2 million), 1 million PENDLE (~$5.83 million) and 203,000 ENS (~$5.53 million). This Binance PENDLE withdrawal highlights Trend Research’s strategic asset management. No investment advice provided.

An on-chain monitoring report from Lookonchain shows the whale address “bc1qgf” purchased an additional 119.8 BTC (about $13.87 million) three hours ago. Since July 18, this whale has accumulated a total of 1,841.2 BTC, spending roughly $216 million at an average price of $117,310 per BTC on FalconX. The sharp increase in BTC holdings by large whales can signal tightening supply and boost market sentiment among traders. Tracking whale activity remains crucial for crypto traders seeking to anticipate price moves and liquidity shifts in the Bitcoin market.