Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Nervos Network’s Common Knowledge Base (CKB) is a versatile blockchain platform designed to offer secure, scalable, and permissionless infrastructure for decentralized applications. The network separates asset storage from computation through a layered architecture. The CKB layer stores assets and secures the blockchain using a unique Cell Model—programmable containers that support stateful smart contracts and complex logic. Its native token, CKB, facilitates transactions and value transfers, pays for storage and computational resources, and powers network security via staking and consensus. Developers can leverage the Cell Model and smart contract capabilities to build robust dApps. By decoupling storage and computation, Nervos CKB aims to improve scalability and flexibility within the blockchain ecosystem.

Japanese fashion label ANAP has increased its Bitcoin holdings by 11.68 BTC, bringing its total ANAP BTC holdings to approximately 1,017.98 BTC according to an official August 25 announcement. The incremental purchase demonstrates ANAP’s ongoing commitment to digital assets and diversification of its treasury. This latest acquisition reflects ANAP BTC holdings strategy as the company leverages market opportunities in cryptocurrency. While representing a small fraction of global Bitcoin supply, the move underscores growing corporate adoption of Bitcoin. Traders may view this accumulation as a positive signal supporting bullish sentiment, reinforcing Bitcoin’s role as a corporate treasury asset.

Over 100 industry professionals gathered in Shanghai on August 22 for a forum hosted by the Shanghai Financial Information Industry Association and the Distributed Consensus Technology Association, focusing on stablecoin and RWA (Real-World Assets) innovations in cross-border trade. Speakers included Secretary-General Wu Jun, who highlighted stablecoin’s low-cost, near-instant payment advantages and stressed regulatory transparency; PANews reporter Wang Shengyu, who unpacked the 2025 Global Stablecoin Industry Report across six dimensions including market structure and risks; and Mankun lawyer Mao Jianhao, who outlined compliant RWA tokenization using “whitelisting, redemption flow, and real-time valuation.” Conflux’s Zhang Yuanjie discussed public chain roles and the Asia-Pacific RWA landscape, while Wanxiang Blockchain’s Zheng Lijiang analyzed stablecoin as “quasi-money” and policy contrasts between the US and Hong Kong. Two roundtables addressed cross-border payment challenges—slow bank settlements, high fees, and regional infrastructure gaps—and RWA market dynamics driven by stablecoin yield demands, regulatory clarity, and infrastructure maturation. Participants agreed that stablecoin and RWA innovations are moving from proof-of-concept to scaled trials, with compliance and security remaining critical for global adoption.

Gate Wallet BountyDrop has launched new airdrop campaigns for Mattle.fun and Xpin Network. Gate Wallet BountyDrop tasks are available in the Gate Wallet App “Discover” page. Users can complete simple missions to earn crypto rewards or enter a lottery for airdrop tokens. The three most popular projects by participation are ZO, f(x) Protocol and TermMax. The total airdrop pool has surpassed $470,000. Gate Wallet is a leading multi-chain crypto wallet that connects over 100 public blockchains, supports millions of assets and thousands of DApps. Crypto traders can leverage BountyDrop rewards to explore new DeFi projects and enhance their trading strategies.

Ripple secured a major legal victory on August 22 when the Second Circuit dismissed its final SEC appeal, ruling that XRP traded on public exchanges is not a security while maintaining registration requirements for institutional sales. This decision brings clear regulatory guidance for digital assets in the US. In response, leading asset managers—Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise—filed for spot XRP ETFs, underscoring strong institutional demand. Bank Negara Malaysia’s “Project Mawar” classified XRP alongside Bitcoin as a potential substitute for cash and deposits, reflecting rising central bank interest. Renewed focus on XRP’s low-cost, high-speed cross-border settlement utility further supports its adoption. On the chart, XRP has formed a bullish pennant with a projected 75% upside to about $5.17 upon breakout. The RSI sits at 46 in neutral territory, while the MACD shows bearish momentum easing, hinting at stabilization. Regulatory clarity and global adoption catalysts combine to underpin a bullish outlook for XRP.

Dogecoin price remains supported above the 50-day SMA and key uptrend levels at $0.22 after rebounding from recent lows around $0.188. Bullish momentum has pushed DOGE past $0.20 and $0.205, with immediate resistance at $0.238 and a critical barrier at $0.250—the 61.8% Fibonacci retracement of the prior decline. A decisive close above $0.25 could trigger a fresh rally toward $0.264 and $0.288, potentially challenging the $0.30–$0.32 zone. Conversely, failure to clear $0.238–$0.25 may see the Dogecoin price retest support at $0.22, $0.195 (trendline), then $0.189. A break below $0.189 could open the door to deeper declines toward $0.162, $0.150, or even $0.120. Traders should watch these support and resistance levels for signs of a breakout or breakdown.

XRP price has fallen below the key $3 support level, amid $1.2 billion in short positions. The move reflects a close correlation with Bitcoin’s recent retracement from its all-time high of $124,000 to around $112,000. Popular analyst CrediBULL Crypto suggests the XRP price could rebound to $3.6–$4, though the rally depends on Bitcoin’s performance. In the long term, he maintains a $10 spot target for XRP. Legal commentator Bill Morgan argues that XRP’s price swings are driven more by Bitcoin movements than by Ripple’s fundamentals. On-chain analyst EGRAG Crypto warns that XRP must hold above $3.03 for a week to record its highest monthly full-body candle close. Another trader, Dark Defender, highlights a repeating bull flag pattern, with upside targets between $4.39 and $5.85 if support at $3 and $2.85 holds. Traders will watch these levels closely for clues to the next leg in XRP’s trajectory.

On-chain data shows Chainlink (LINK) exchange reserves fell by 2.07 million tokens in 48 hours as whale accumulation accelerates. Lookonchain reveals a high-profile whale purchased 663,580 LINK ($16.85 million), pushing prices to fresh 2025 highs near $27.8. Institutional momentum builds: Chainlink secured ISO 27001 and SOC 2 Type 1 certifications for its oracle services, and the Chainlink Reserve added 41,000 LINK, bringing its holdings to 150,778 tokens. A new partnership with Japan’s SBI Group aims to develop tokenized real-world assets, stablecoin reserve audits and cross-border settlement solutions. Technically, LINK is testing resistance at $26.8–$28; a successful breakout could target $31–$34, with support at $22–$23 and a lower zone at $20. RSI at 59 and CMF at +0.16 indicate ongoing buying pressure, making LINK a key crypto to watch for traders.

Galaxy Digital, Jump Crypto and Multicoin Capital are in talks to raise $1 billion to build a Solana reserve fund. They plan to purchase SOL tokens and merge with a public shell company, with Cantor Fitzgerald as lead bank. The combined entity would hold over 3.44 million SOL, more than twice the assets of the current largest reserve. The Solana Foundation in Zug supports the move, aiming to complete the deal by early September. Upexi, already holding a leading position, signed a $500 million credit facility last month to buy SOL. Solana’s market cap stands at $107.7 billion, trading at $199.41, up 6.9% monthly and 27.7% year-to-date. The Solana reserve push could strengthen institutional demand and market stability.

Bitcoin CME gap opened at $113,800–$116,700 after Sunday’s sharp sell-off. A 24,000 BTC whale dump, valued at $2.7 billion, triggered a $4,000 price drop and a cascade of liquidations. Bitcoin now trades near $111,400. Traders note that the Bitcoin CME gap often fills by Tuesday, but the current drop tests support zones. Analysts highlight a key support at $111,900 and deeper levels around $103,000. Resistance lies at $114,800, $116,700, and $119,500. Seasonal history warns of volatility in September before potential October rebound. High trading volumes suggest active liquidity sweeps. The whale sale underlines the influence of large holders on short-term swings. Traders should watch the gap fill and support tests for entry points.

Binance Futures has launched a new SOM/USDT perpetual contract with up to 5× leverage, effective August 25 at 17:30 UTC+8. This addition expands Binance Futures’ derivatives lineup, offering traders a regulated platform for SOM perpetual trading. Users should review the contract specifications, margin requirements and funding rate details to optimize position sizing and manage risk. The SOM/USDT perpetual contract launch enhances liquidity for the SOM token and broadens leverage trading options on Binance Futures. By providing a standardized perpetual contract, Binance Futures aims to meet institutional trading standards and attract sophisticated traders. Market participants are advised to consult updated guidelines on margin thresholds and funding intervals before opening positions.

MEXC frozen funds refers to the reported freeze of $3.1M in a trader’s account. Since the MEXC frozen funds dispute emerged, the exchange has provided no formal update. A pseudonymous trader called the White Whale completed KYC, but MEXC delayed releasing funds for a year without explanation. In response, the trader launched a $2M USDC bounty and NFT campaign. The bounty splits $1M among the first 20,000 NFT minters on Base and $1M to verified charities with on-chain receipts. Participants must mint an NFT, tag MEXC or its COO with #FreeTheWhiteWhale, and update their profile image. The White Whale alleges MEXC froze his account for outperforming market makers, citing Acheron Trading research that 78.5% of new token listings disrupt price discovery. Affected users should document records, submit formal support tickets, and consider legal escalation. MEXC’s response remains unverified.

Solana extended its dominance in decentralized finance by recording $124 billion in DEX trading volume in July. This marks the 10th consecutive month Solana has outpaced Ethereum, maintaining a 40% edge in DEX volume. Alliance DAO data revealed that over 40% of new DeFi project founders in H1 2025 chose Solana, up from 25% a year earlier. Developers cite Solana’s high throughput, low fees and predictable transaction costs as key advantages. SOL’s market capitalization stands at $107 billion, with the price trading above the $205 zone. Technical indicators, including a 20-day SMA near $191 and green MACD bars, signal bullish momentum. Analysts have set resistance levels at $215, $228 and $240, eyeing a potential longer-term target of $300. Meanwhile, Ethereum exhibited volatility, falling below $4,800 amid institutional inflows and broader market swings. The contrast highlights a fragmented market: Solana leads in DEX volume and developer adoption, while Ethereum retains strength in institutional demand and alternative use cases.

BitMEX Research highlights Lamport hash signatures, a 1979 hash-based digital signature scheme that offers quantum-safe protection for Bitcoin. Unlike complex post-quantum proposals (HAWK, SQI, Falcon, CRYSTALS), Lamport hash signatures rely solely on hash functions like SHA-256, maintaining 128-bit security against Grover’s algorithm. Each one-time private/public key pair is 16.3 KB, with 8 KB signatures, limiting reuse but simplifying implementation. Advanced variants (Winternitz, XMSS, SPHINCS+) address key reuse and reduce signature size (down to ~2 KB) using Merkle trees. Lightning Labs’ Olaoluwa Osuntokun discussed SPHINCS+ parameter trade-offs at Presidio Bitcoin. While ECDSA may remain secure for decades, offering hash-based quantum-safe spending options could drive gradual adoption. Institutions holding large BTC may lead due to higher fees, while everyday users can split funds between quantum-safe and ECDSA outputs. Broader uptake of Lamport hash signatures and SPHINCS+ would pave the way for future post-quantum upgrades, guided by user choice.

Thailand police have arrested a 33-year-old South Korean national, Han, at Suvarnabhumi Airport on August 23. He is suspected of orchestrating a $47 million crypto-to-gold laundering scheme. Between January and March 2024, crypto wallets linked to Han processed over 47 million USDT. Investigators recovered USDT wallet logs on his phone, confirming his role in cross-border money flows. The funds were used to buy gold bars in at least 30 transactions, each involving 10kg or more. Authorities from Thailand’s Technology Crime Suppression Division believe Han acted as a financial conduit for overseas call centre scam gangs. Prior to this arrest, Thai police charged ten other suspects tied to mule accounts and laundering operations. This case highlights increased enforcement against crypto-to-gold laundering and could affect risk assessments for digital asset traders.

BIS has proposed a crypto scoring AML compliance system that assigns a score to each crypto asset unit based on its public blockchain transaction history. The crypto scoring framework leverages blockchain’s immutable ledger to assess links with suspicious wallets, monitoring DeFi and peer-to-peer transactions after record losses in 2024 and 2025. High scores indicate low risk and allow seamless conversion at fiat off-ramps, while low scores trigger enhanced due diligence or rejection. National regulators would set score thresholds and enforce clear off-ramp accountability. Traders should watch for implementation timelines, jurisdictional rules, and potential effects on asset liquidity and exchange compliance.

2025’s top privacy coins face two primary use cases: privacy-by-default payments and privacy-preserving compute. This analysis profiles six leading privacy coins—Monero (XMR), Zcash (ZEC), Firo (FIRO), Secret Network (SCRT), Oasis Network (ROSE) and Pirate Chain (ARRR). It outlines each token’s privacy model, from ring signatures and stealth addresses to zk-SNARKs and confidential smart contracts, and highlights signals for traders to monitor, including network health, shielded pool adoption and wallet UX. The report also offers compliance notes and self-custody best practices to ensure safe interaction with privacy coins under evolving regulations.

MetaMask has teamed up with Stripe’s Bridge to launch mUSD using a stablecoin OEM model. In this arrangement, Bridge handles backend processes—reserve custody, compliance audits and smart-contract deployment—while MetaMask focuses on front-end user experience. This stablecoin OEM model mirrors Apple’s partnership with Foxconn, allowing brands to outsource complex issuance tasks and accelerate time-to-market. Issuing a compliant stablecoin in-house can cost millions in legal, audit and engineering fees, taking 12–18 months to launch. The stablecoin OEM model reduces costs and speeds deployment by packaging these services into an API. Clients integrate a white-label solution, bypassing regulatory hurdles and technical bottlenecks. Bridge leverages Stripe’s global payments network and compliance infrastructure to offer plug-and-play stablecoin issuance. MetaMask, without a financial license, rolled out mUSD in months rather than years. Similar OEM partnerships include Paxos issuing BUSD for Binance and PYUSD for PayPal under a New York trust license. The stablecoin OEM model is reshaping the market, enabling more brands to enter the ecosystem. By outsourcing reserve management, audit and contract deployment, projects can concentrate on product innovation and user growth. This professional division of labor promises to drive greater scale and standardization across stablecoin issuance.

Japanese listed company Remixpoint increased its Bitcoin holdings by 41.5 BTC, bringing its total to 1,273 BTC. According to BitcoinTreasuries.NET, this institutional purchase reflects a strategic move to diversify corporate assets into crypto. At current market prices, the acquisition represents a significant investment and underscores growing corporate confidence in Bitcoin. Remixpoint’s treasury now ranks among notable public-company accumulators in Japan. This development highlights an ongoing trend of firms allocating capital to Bitcoin to hedge against volatility, inflation, and currency risks.

Spanish coffee chain Vanadi Coffee has increased its Bitcoin holdings by acquiring an additional 5 BTC, bringing its corporate treasury to 100 BTC. The purchase underscores growing crypto adoption among non-financial firms and reflects a strategic treasury diversification. By boosting Bitcoin reserves, Vanadi Coffee joins peers like MicroStrategy and Marathon in leveraging BTC as a hedge against fiat volatility. This move may signal heightened institutional interest, potentially supporting increased demand in both the short and long term.

Japan’s Metaplanet has boosted its Bitcoin treasury with two recent purchases—775 BTC for $93 million at an average of $120,006 and 103 BTC for $11.6 million at $113,491—raising its holdings to 18,991 BTC. Since adopting a treasury strategy last year, the firm has delivered cumulative returns near 480% (95% in Q1 2025, 129% in Q2, 29% from July to August). At an average cost of $102,712, its reserve is valued at nearly $2 billion. A weakening yen underpins its use of Bitcoin as a hedge. Institutional demand remains robust: MicroStrategy added 430 BTC ($51.4 million) and 775 BTC in recent weeks, lifting its total above 629,000 BTC. While large OTC buys have limited short-term price impact, sustained corporate accumulation supports market sentiment. Bitcoin traded around $112,000, and analysts say ongoing buying may reinforce longer-term bullish momentum.

A long-time Bitcoin whale shifted focus to Ethereum, selling 22,769 BTC (≈$2.59B) on Hyperliquid over the past five days. The whale used proceeds to acquire 472,920 ETH (≈$2.22B) and opened a 135,265 ETH ($577M) long position. Ethereum reached a new all-time high of $4,953 on Aug. 24 before pulling back to $4,630. By contrast, Bitcoin trades below $112,000, far from its $124,457 peak. Institutional interest in ETH remains strong, with ETH-related funds seeing $625M in net inflows over two days, while USD BTC ETFs reported six straight days of outflows. Leading DeFi protocols on Ethereum, including Lido and AAVE, also hit record TVL. This whale move underscores growing bullish momentum in Ethereum amid market-wide BTC selloff.

Bitcoin faces a pivotal trading week as technical analysis and macro liquidity signals converge. The retracement below the 50-day EMA and a test at the 100-day EMA near $111,000–$112,000 highlight market hesitation. On-chain data shows steady liquidity but no fresh inflows to fuel a rally. Network growth is slowing, and Bitcoin struggles to break resistance at $116,500. If Bitcoin can reclaim and hold the 100-day EMA, a short-term recovery may unfold, supported by Jerome Powell’s dovish turn and potential rate cuts in September. However, declining trading volumes suggest limited participation, raising the risk of a deeper correction toward the 200-day EMA around $104,000 if support fails. Conviction and new capital inflows are key to sustaining any rally. Traders should monitor liquidity conditions, EMA support levels, and institutional demand closely. This week’s price action will likely set the tone for Bitcoin’s direction in the coming months.

South Korea-listed tech firm SGA will rebrand as Bitplanet after a third-party share placement granted Asia Strategy Partners majority control. The new shareholder, known for holding substantial corporate treasury in Bitcoin, aims to integrate cryptocurrency and blockchain technologies into Bitplanet’s core operations. This strategic pivot could unlock opportunities in digital asset management, NFTs, DeFi services and enhance capital flexibility. Key challenges include navigating evolving crypto regulations, managing Bitcoin’s price volatility and educating stakeholders on crypto-driven business models.

UXLINK is positioning itself as a leading SocialFi infrastructure layer that bridges Web2 familiarity with blockchain utility. Launched in mid-2025, the protocol offers decentralized identity, AI-driven matchmaking, and PayFi debit cards to simplify Web3 adoption. As of July 2025, UXLINK boasts over 54 million users and integrates with more than 600 communities via Telegram mini-apps. On-chain metrics reflect the sector’s shift: social and AI DApps now account for 58% of gas usage, with UXLINK’s verifiable connections and cross-DApp interactions driving meaningful activity. Daily active users on UXLINK have steadily climbed, contributing to broader Web3 growth even as DeFi’s share dips below 19%. UXLINK’s native token, $UXLINK, trades above its initial listing price. It powers governance, staking rewards, and real-world payments. Technical forecasts project an average token price of $0.4467 by year-end. Looking ahead, UXLINK aims to enhance privacy, expand multi-chain support, and fortify sybil resistance. By turning social graphs into on-chain assets, UXLINK delivers tangible value—marking a bullish indicator for SocialFi and overall Web3 adoption.

Bitcoin is testing its 100-day exponential moving average (EMA) around $111,000 after Federal Reserve Chair Jerome Powell’s dovish remarks improved liquidity expectations. However, on-chain metrics show no fresh capital entering the market. Declining trading volume and slowing network growth suggest limited upside without new inflows or institutional demand. Failure to hold the 100 EMA could trigger a deeper pullback toward the 200 EMA near $104,000. Key resistance sits at $116,500, where recent rallies faced rejection. Traders should watch trading volumes on up days and net inflows tracked on-chain for bullish confirmation. A close above the 100 EMA with rising liquidity could signal renewed momentum, while breakdown below the 200 EMA warrants cautious risk management. In this neutral-to-cautious outlook, Bitcoin price remains range-bound. Use the 100 EMA as short-term support and set protective stops below the 200 EMA. Monitor on-chain metrics, volume trends, and institutional inflows for clear entry or exit cues.

On-chain analytics firm LookIntoChain reports an ancient ETH whale has maintained a long position of 40,212 ETH (approximately $184 million) with over $11 million in unrealized profit. This concentrated holding underscores notable liquidity and market-impact considerations for major Ethereum stakeholders. Institutional trading desks and risk managers often monitor such on-chain data to adjust exposure and execution strategies. The transparent snapshot offers insight into the whale’s unrealized P&L without suggesting imminent price movements. Continued accumulation or holding by large ETH whales can signal market confidence and influence trader sentiment, offering a potential bullish indicator for Ethereum liquidity and stability.

Bitcoin price tumbled to a six-week low as crypto markets lost $200 billion in value. After briefly surging above $117,000 following Fed Chair Jerome Powell’s rate-cut hints, bitcoin retraced and plunged below $111,000 on Sunday, dragging its market capitalization down to $2.225 trillion and pushing total crypto market cap under $4 trillion. Ethereum slipped over 3%, falling from an all-time high near $4,950 to around $4,600, while XRP dropped below its $3 support. Major altcoins including SOL, ADA, TRX, DOGE, XLM and LINK posted declines, with smaller tokens like SUI, LTC, AAVE, PEPE, ENA, MNT, OKB, UNI and ETC experiencing daily losses up to 8%. Bitcoin’s dominance holds at just over 56%. The sudden price tumble underscores market volatility amid macroeconomic uncertainty and renewed selling pressure across altcoin sectors.

Korean crypto trends data from August 15–21 reveal shifting interests in the K-Community. The most searched token was XRP (70,014 searches), followed by ETH (24,831), SOL (24,321), ADA (19,191) and STRIKE (18,099). Meanwhile, mention trends saw BTC lead discussions (1,338 mentions), with ETH (1,320), SOL (405), STRIKE (297) and XRP (277) following. These Korean crypto trends highlight strong individual research into XRP and robust community debates on Bitcoin and Ethereum. STRIKE’s presence in both search and mention lists indicates growing engagement around payment solutions. Monitoring Korean crypto trends offers early insight into emerging narratives and potential price movements. Traders should watch for developments in XRP’s legal status and STRIKE’s project updates, as these signals often precede wider market shifts.