Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Global data volumes are set to surpass 200 zettabytes by 2025, overwhelming traditional cloud storage with steep egress fees and slow transfers. This “AI storage” crisis can inflate costs by up to 80% and delay large-scale model retraining for days. Decentralized storage networks address this data bottleneck by sharding files across independent nodes and embedding cryptographic proofs, streamlining compliance under regulations like the EU AI Act. Edge AI deployments also demand millisecond I/O latency, yet centralized pipelines still stall, as MLPerf benchmarks show. The shift toward “AI storage” architectures will enable real-time model checkpointing at scale and audit-ready data provenance. Firms that embrace decentralized solutions and build storage-first data pipelines will gain a decisive advantage, while those relying on commodity silos risk technical debt, regulatory penalties, and idle GPUs.

Leading crypto exchange OKX has announced the launch of a new WLFI/USDT pre-market perpetual contract, extending trading hours for WLFI (World Liberty Financial) tokens. The WLFI perpetual contract will be available from August 23, 2025, at 21:00 (UTC+8), allowing traders to open and close positions before the official market opens. This addition strengthens OKX’s derivatives suite and offers enhanced liquidity for WLFI trading against USDT. Crypto traders should watch initial trading volume and funding rates to gauge market sentiment on this new perpetual contract.

Markets surged on renewed Fed rate cut expectations after Chair Powell’s dovish speech sparked the largest cross-asset rally since April. Crypto traders led the charge: Ethereum (ETH) climbed to a four-year high, while gold gained 1%. Key events this week include Fed speakers Logan, Williams and Barkin, plus crucial US data: second-quarter GDP revisions, consumer confidence, Richmond manufacturing index and July core PCE inflation. With most participants anticipating a Fed rate cut next month, the US dollar index remains under pressure against hawkish central bank currencies. Traders will watch core PCE data closely for signs of persistent inflation. Although a Fed rate cut appears imminent, the future easing path is uncertain, making this week’s economic calendar vital for assessing market direction.

Ethereum price fell 6.2% over the past week but held steady with a 0.1% rise in the last 24 hours. On-chain data shows renewed activity from short-term investors. Wallets holding ETH for one week to one month rose from 6.9% to 9.19% of the supply, while those holding for one day to one week jumped 67%. The Spent Output Profit Ratio (SOPR) dropped from 1.11 to 1.03, suggesting reduced profit-taking. A similar SOPR dip on July 31 preceded a 31% surge in Ethereum price. Technical analysis on four-hour charts reveals an inverse head-and-shoulders pattern with a neckline near $4,379. A break above $4,443 could target $4,770, while a drop below $4,207 would invalidate the bullish setup. These signals point to a potential market turnaround for ETH, as key thresholds and technical patterns align to indicate a price bottom and possible upward move.

MAGACOIN FINANCE is standing out as a leading crypto presale. Over 12,000 holders and millions in funding mark its success. Audited contracts, a KYC-verified team and broad wallet compatibility boost buyer confidence. Bitcoin stabilized at $114,112 after a 0.72% rise. CoreDAO’s $300 million institutional staking program now holds 7,000 BTC. These regulated staking options highlight growing institutional demand and new yield opportunities. Hedera (HBAR) jumped 3.11% to $0.241 on tokenized finance advances. A partnership with Swarm enables instant settlement of Apple and Tesla tokenized shares. Nasdaq ETF filings and BlackRock speculation further boost HBAR’s regulated DeFi outlook. Traders should track this crypto presale, Bitcoin’s institutional staking, and HBAR’s tokenized finance developments to gauge short-term volatility and long-term market trends.

The Graph (GRT) is testing the upper boundary of a multi-month descending channel near $0.098 while clustering around its 50-day moving average. Trading volume surged over 170%, indicating supply absorption as bulls defend higher lows. A daily close above the $0.0975–$0.0980 zone on rising volume would trigger an initial breakout target of $0.102, with subsequent resistance levels at $0.115 and $0.130. Short-term support lies between $0.093 and $0.094, with deeper demand zones at $0.090–$0.088. Failure to hold these levels could see retests down to $0.091. Market capitalization stands at approximately $989 million, with 24-hour volume near $68.3 million. Traders should watch for confirmation via a breakout-and-retest pattern and manage risk with stop-loss orders below recent swing lows. Clear momentum and volume cues will validate a sustained bullish move for The Graph.

Recent Ethereum price prediction models point to an impending supply squeeze as more ETH locks in staking, ETFs, and DeFi. With fewer tokens on exchanges, analysts warn of an ETH supply shock that could push prices toward $5,000. According to recent Ethereum price prediction, this surge may also lift associated meme coins. Two tokens stand out: PEPE and Layer Brett (LBRETT). PEPE trades near $0.00001033, hovering above key support at $0.00001020. Whale sales of 400 billion tokens recently triggered $6 million in liquidations, but if support holds, PEPE could rebound to $0.000015–$0.000017. A break below risks a slide toward $0.000009. Layer Brett, in presale on Ethereum Layer 2, offers high-speed, low-cost transactions and staking rewards up to 20,000% APY. Its small market cap and planned community campaigns, including $1 million giveaways and NFT integrations, give it potential for outsized gains. Analysts forecast Layer 2 volumes exceeding $10 trillion annually by 2027, which may drive demand for LBRETT. Traders should watch the ETH supply dynamic and whale behavior. The expected supply shock could fuel a broader altcoin rally, making LBRETT and PEPE key tokens to monitor.

Vine Coin (VINE) gained fresh momentum after Elon Musk’s July 24 tweet, “We’re bringing back Vine, but in AI form,” and its listing on Indodax, Indonesia’s largest crypto exchange, on August 8, 2025. The Indodax listing enhances VINE’s visibility and liquidity in Southeast Asia, opening access to millions of traders. The project roadmap includes a tipping system and NFT marketplace for content creators by late 2025, followed by a governance model in 2026 to decentralise decision-making. Technically, VINE rallied above $0.16 in late July but corrected sharply, slipping below the 50-period EMA at $0.067. It now trades near $0.071 amid consolidation. The RSI oscillated from overbought peaks above 70 to oversold dips below 30 and sits at 55, indicating balanced momentum. The MACD also shifted from bullish peaks to bearish troughs and now shows a small positive histogram, signalling neutral conditions. Despite 40% of tokens held in ten wallets and upcoming token unlocks that could trigger volatility, the combined effects of Musk’s AI Vine hype and regional exchange listing are broadly bullish. Traders will watch volume, EMA resistance and on-chain events to gauge the next major move.

Binance Alpha platform has launched the DORA airdrop. Users with at least 200 Alpha points can claim 140 DORA tokens on a first-come, first-served basis. Each claim costs 15 Alpha points. If the DORA airdrop remains active, the points threshold will automatically drop by 15 every hour until it ends. Users must confirm their token claim within 24 hours on the Alpha event page, or the allocation is forfeited. This initiative aims to boost DORA token distribution and user engagement on Binance Alpha.

Litecoin price pulled back from a recent high of $133 to a low of $114 and is now trading between its 21-day and 50-day simple moving averages. The coin remains above the critical $112 support level but faces bearish pressure as it trades below the 21-day SMA. A drop below the 50-day SMA could push Litecoin toward $106, with resistance at $120 and $140 and support at $60, $40 and $20. On the 4-hour chart, price bars under both moving averages signal continued downside momentum. Traders are watching the $112 level for the next directional cue. A rebound above the moving averages could trigger a reversal, while a breach of $112 may extend the downtrend.

Ethereum (ETH) has surged 130% in two months, rising from $2,200 in late June to an all-time high of $4,900 on August 22. This rapid ETH rally has spurred debate over profit-taking. On one side, traders like Doctor Profit and firms such as Matrixport have moved over 95,000 ETH (approximately $452 million) to Binance and OKX, signaling potential sell pressure. On the other side, major whales—including a prominent Bitcoin OG—deposited 300 BTC to buy more ETH and opened a $581 million long position, while the Trump family’s World Liberty fund spent $5 million USDC to acquire 1,076 ETH. The mixed on-chain signals of profit-taking and whale accumulation point to likely short-term volatility but underpin a longer-term bullish outlook for Ethereum.

Bitcoin price retraced from a fresh all-time high above $124K after the Federal Reserve signaled a potential interest rate cut. The market found support at $110K, aligning with the 100-day moving average. On the daily chart, Bitcoin price broke below its long-term ascending channel, and the RSI sits near 50, indicating neutral momentum. A rebound above the lower channel boundary could push prices toward $130K. Otherwise, a deeper decline to the 200-day moving average near $100K remains possible. On the 4-hour chart, Bitcoin price jumped to $117K resistance after touching the $112K support level. Positive funding rates in the derivatives market suggest a bullish bias. However, if key supports fail, a liquidation cascade could drive Bitcoin price down sharply.

Binance has added the DORA token to its Alpha Projects lineup, enabling subscribers to access and trade DORA before broader market listings. The move is part of Binance’s push to offer early trading windows on promising altcoins. DORA is designed for secure, swift transactions and aims to expand its ecosystem through diversified use cases. Eligible Binance users can now allocate funds to purchase DORA at early-bird rates, potentially benefiting from price volatility on initial trading sessions. The Binance Alpha Projects program allows traders to evaluate altcoins like DORA, managing risk via tiered subscription quotas. With this listing, crypto traders gain a chance to diversify holdings with a new asset. Monitoring DORA’s performance on Binance Alpha Projects will be key, as its market debut could set the tone for future altcoin launches in the program.

Stellar (XLM) price rallied after a three-hour golden cross on its 9- and 26-period moving averages. The crossover triggered a short-term bullish momentum, lifting XLM from $0.4103 to a peak of $0.4287 before settling near $0.4132. Trading volume surged 147.31% to $564.63 million, reinforcing the strength of the rebound. On-chain analyst Ali Martinez notes that a decisive break above the $0.50 resistance level could pave the way toward higher targets near $0.77. Key market conditions for a sustainable rally include continued high trading volume, capital rotation from Bitcoin into altcoins, and confirmation of bullish technicals on higher timeframes. Broader market recovery and firm benchmark performance support this altcoin uptrend. Traders should monitor volume trends and moving average signals to gauge the potential for testing the $0.50 resistance. Stellar’s golden cross and volume spike suggest a bullish outlook in the short term.

A 32-year-old crypto investor known as Bernice (@crypto__peach) announced her plan to hold XRP for eight years, aiming to retire at 40. The post sparked mixed reactions: some community members shared success stories—one retired at 45 after early XRP investments, another highlighted the importance of accumulating tokens before price rallies. Historical data shows an XRP purchase at $0.20 in 2017, now trading near $3, fueling optimism. XRP’s price remains resilient in 2025, holding above $2 despite market pressures and reaching a record $3.65. Key drivers for future growth include wider cross-border payment adoption, institutional integration, and regulatory clarity following the Ripple–SEC legal settlement. While long-term HODL strategies attract support, skeptics point to alternative tokens for early retirement goals. Traders should weigh XRP’s proven rally history, evolving use cases, and enhanced legal certainty when planning their portfolios.

Ethereum surged 15% in one day to reach a new Ethereum ATH of $4,885, surpassing its 2021 high. The boost, driven by Trump’s GENIUS Act clarifying stablecoin reserves and requiring monthly disclosures, has bolstered investor confidence amidst ongoing market consolidation around $4,700. The sustained Ethereum ATH momentum points to a broader alt season this fall. Institutional investors now hold over 2.3% of ETH supply, with Bitmine leading at 1.5M ETH. Meanwhile, the Best Wallet Token ($BEST) presale has raised over $15M at $0.0255 per token. $BEST supports a non-custodial wallet aiming for 40% market share by 2026, offering reduced fees, governance rights, and early presale access. Analysts project $BEST could surge over 180% post-launch, reflecting heightened altcoin interest.

UBS analysts interpret Fed Chair Jerome Powell’s Jackson Hole speech as a clear policy shift. Powell emphasized labor market risks alongside inflation, marking a dovish turn. He noted that policy is “in restrictive territory” and flagged potential adjustments if employment or inflation outlooks change. Markets reacted by boosting crypto prices, as investors now price in possible rate cuts. UBS highlights three key points: a new focus on employment risks, the specter of rapid job losses, and close monitoring of inflation expectations. Traders should watch incoming jobs and inflation data. A pivot toward looser monetary policy could sustain crypto gains in both the short and long term.

Canada will implement a CUSMA tariff removal by lifting retaliatory duties on U.S. goods under the Canada–United-States–Mexico Agreement effective September 1, 2025. This CUSMA tariff removal restores free trade for the majority of covered products, reduces costs for exporters and importers, and is expected to boost bilateral trade and cross-border investment in key sectors such as steel and aluminum. Direct impacts on cryptocurrency markets are likely limited, as the measure targets goods rather than digital assets. However, improved trade relations could foster cross-border fintech collaboration and digital payment adoption, creating indirect opportunities for crypto payments in business transactions. Traders should monitor regulatory developments and partnerships that leverage these trade enhancements for potential impacts on crypto payment networks. Companies in trade-exposed industries may adjust contracts and supply chains ahead of the tariff removal. Overall, the CUSMA tariff removal signals long-term economic stability, with minimal short-term effects on crypto prices.

Lookonchain data reveals that in the past three hours, Matrixport wallets initiated a large ETH deposit by transferring 95,873 ETH (worth approximately $452 million) to Binance and OKX. This significant ETH deposit has bolstered exchange liquidity and may signal potential sell pressure or portfolio rebalancing by Matrixport’s OTC operations. Traders should closely monitor these exchange inflows, as similar high-volume ETH deposits have previously led to heightened short-term price volatility. Matrixport’s on-chain movements highlight the growing influence of crypto financial services on market dynamics.

BlackRock’s iShares Ethereum Trust ETF (ETHA) has raised its ETF holdings to 3.54 million ETH, with a market value exceeding $15.07 billion as of August 21. This marks a 50% surge since the fund first crossed $10 billion on July 23, highlighting accelerating institutional demand for an Ethereum ETF product. Robust inflows into the Ethereum ETF reflect rising interest from investors seeking regulated ETH exposure on exchanges. Traders should monitor ongoing ETF inflows, as sustained capital flows into the Ethereum ETF could drive price momentum, increase volatility, and reinforce bullish sentiment in the ETH market.

Matrixport has withdrawn a total of 2,354.6 BTC, equivalent to $272 million, from centralized exchanges Binance and OKX over the past two hours. The move follows a suspected ETH-to-BTC rebalancing operation, in which Matrixport sold large amounts of ETH before shifting positions into Bitcoin. According to Lookonchain data, the withdrawals included 1,200 BTC from Binance and 1,154.6 BTC from OKX. This substantial outflow signals renewed institutional appetite for BTC accumulation and could tighten supply on major exchanges, potentially applying upward pressure on Bitcoin prices. Traders should monitor on-chain flow metrics and exchange reserves for further market insights.

Federal Reserve Chair Jerome Powell signaled a cautious shift toward interest rate cuts, driving September rate cut odds on Polymarket from 57% to 78%. Markets reacted immediately. Bitcoin (BTC) jumped from under $112,000 to over $117,000, while Ethereum (ETH) and BNB set fresh highs. Traders now focus on the next FOMC meeting, where a 25 bps cut is widely anticipated. Expert Marcin Kazmierczak of RedStone noted that measured Fed easing could give ETH an edge, potentially breaching the $4,800–$5,000 resistance. Still, Powell’s data-dependent stance means any rally must be underpinned by real adoption. The renewed rate cut odds highlight increased risk-asset demand and underscore volatility ahead.

Ethereum price is pushing toward new all-time highs as a major Bitcoin whale converted 300 BTC (~$34.8 M) into ETH positions. Whale accumulation bolsters the case for fresh Ethereum all-time highs. On-chain data from Lookonchain shows this investor now holds 135,265 ETH in long contracts and 122,226 ETH in spot, with unrealized gains exceeding $100 M. Heavy trading between $4,200 and $4,400 has established a solid support zone. Analysts, including Lennaert Snyder, identify buy zones at $4,300 and $4,640. Resistance at $4,880 must be reclaimed to confirm a breakout. Whale accumulation and trade volume spikes signal strong bullish momentum. Traders should monitor liquidity bands and follow-through buying above $4,880 for near-term crypto trading strategies.

Expectations of Federal Reserve rate cuts have ignited a crypto market rally and driven renewed institutional inflows. Investors are rotating into risk assets, with Bitcoin (BTC) and Ethereum (ETH) allocations surging. ETH has reached a new all-time high alongside elevated trading volumes. Fed Chair Jerome Powell’s Jackson Hole comments signaled possible interest rate cuts as soon as September, reducing policy uncertainty and prompting portfolio rebalancing toward high-growth assets. Secondary flows into altcoins such as ZORA, BIO, AAVE and TON were also reported. On-chain metrics show increased transaction counts and gas usage on the Ethereum network. Traders should monitor macro data (CPI, PCE, payrolls) and on-chain flow indicators to gauge the rally’s sustainability. In the short term, heightened volatility may present trading opportunities, while continued monetary easing could support further gains in Ethereum and other risk assets.

Ethereum (ETH) surged over 9% today to trade around $4,718, stabilizing between key support at $4,659 and resistance at $4,817. On the hourly chart, neither bulls nor bears dominate, suggesting limited volatility in the next 24 hours. A break above the pivotal $4,783 level could trigger a move toward the psychological $5,000 mark. However, the weekly timeframe reveals a false breakout above the November 2021 high. If the weekly candle closes well below that peak, bearish pressure may intensify, potentially dragging ETH back to the $4,500 range by month-end. Traders should monitor these levels closely for entry and exit signals.

UK digital asset adoption is slowing amid regulatory sluggishness. Critics warn that persistent regulatory hurdles threaten UK digital asset adoption by driving firms overseas and stifling innovation. The Financial Conduct Authority’s strict “same risk, same regulation” approach limits bank services for crypto firms. Former finance minister George Osborne cautions that the UK risks falling behind global competitors. Industry figures like Jordan Walker and Susie Violet Ward criticize unclear rules and product bans, while Freddie New highlights the impact on retail investors. Complex tax rules and the upcoming Cryptoasset Reporting Framework increase compliance burdens. Experts call for faster, transparent policies to secure the UK’s competitive edge in digital assets.

Ethereum’s derivatives open interest (OI) surged nearly 10% after $3.18 billion of new positions flooded in within 24 hours, coinciding with ETH’s breakout above its 2021 all-time high of $4,860. The rally, powered by a 14% single-day jump on Friday following Fed Chair Jerome Powell’s Jackson Hole remarks hinting at potential policy easing, pushed ETH past key resistance at ~$4,800. Taker buy volume also hit a multi-month high of $5.76 billion hourly, underscoring aggressive buying. Technical analysis shows bulls defended the 100-SMA (~$4,298) before driving price higher, with the 50-SMA turning up and the 200-SMA at ~$3,994. If momentum holds, ETH may target the $5,000 psychological level; a rejection at $4,860 could prompt a retest of the $4,400–$4,500 support zone. Strong liquidity inflows and OI expansion suggest a bullish outlook, though traders should monitor leverage risk.

Cardano’s ADA faced a bearish death cross on hourly charts, triggering an 8% weekly pullback and prompting major holders to liquidate positions. On-chain data show whales offloading large ADA reserves as momentum indicators warn of further weakness. Meanwhile, Ethereum-based meme coin Layer Brett has ignited a buying frenzy during its presale, raising nearly $1 million in days. The token’s price climbed from $0.004 to $0.0044, driven by a 3,000% staking APY and Layer-2 security on Ethereum. Unlike OG memecoins, Layer Brett combines community hype with utility, low fees and fast transactions. Traders are reallocating capital from Cardano to high-yield altcoins, reflecting a shift in risk appetite. For crypto traders, the divergence underscores Cardano’s near-term technical challenges and highlights the bullish potential of novel staking products. Monitor ADA volume, Layer Brett’s APY adjustments and overall liquidity to navigate the evolving altcoin landscape.

Solaxy, a Solana-based Layer-2 protocol, aims to boost transaction speeds above 10,000 TPS using rollups and zero-knowledge proofs. It offers a testnet, block explorer, Ethereum bridge and supports EVM-compatible dApps. Core products include the Neptoon DEX and Igniter token-creation tool. Despite a Coinsult audit finding no vulnerabilities, the project faces transparency concerns after phishing scams on a fake airdrop site and unclear legal structure. Technically, Solaxy trades under its 50-period exponential moving average (EMA) at $0.0003985 on the 4h chart, closing at $0.0003742. The Relative Strength Index (RSI) sits at 49.99, indicating neutral momentum and market indecision. Volume spikes remain weak on rallies, reinforcing the downtrend. Traders should watch for a decisive break above the 50 EMA and RSI moving over 50 to signal a potential trend reversal.