Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

ZTX, the operator of the ZepetoX Web3 metaverse, has submitted a ZTX governance proposal to introduce ZTX token incentives and a CRTR token airdrop. Voting for the governance proposal runs from August 27 to September 3, enabling community members to decide on rewards designed to boost engagement, decentralization and attract new users to the ZepetoX ecosystem. Following the announcement, ZTX tokens traded at $0.001824, up 7.64%, reflecting positive market sentiment. Community members should review the proposal details, cast their vote within the window and stay updated via official channels. This ZTX governance proposal highlights the project’s focus on community ownership and sustainable growth in decentralized metaverse environments.

Delio, a South Korean crypto deposit platform, has submitted its third Delio rehabilitation application to the Seoul Bankruptcy Court in August 2025. This bid follows two prior dismissals and directly challenges the court’s November 2024 bankruptcy ruling that initiated asset liquidation. Corporate rehabilitation allows financially distressed firms to restructure debts and operations rather than liquidate. Delio’s management argues that a detailed restructuring plan could yield better returns for its creditors than forced asset sales. Creditors face prolonged uncertainty, as the new filing may pause liquidation and delay distributions. This case highlights legal complexities in crypto insolvencies and underscores the need for clearer regulatory frameworks. The court’s decision will determine whether the liquidation resumes or a path to recovery is explored. Market participants should monitor developments, as prolonged legal disputes can heighten volatility and influence confidence in digital-asset platforms.

Canary Capital, a US-based asset manager, has filed an S-1 registration statement with the Securities and Exchange Commission to launch a new Trump ETF. The proposed fund, set to trade under the ticker TRUMP, seeks to provide investors with themed ETF exposure tied to political branding. The S-1 filing details fund operations, investment strategies, and risk factors, aiming to meet SEC requirements ahead of product launch. This Trump ETF application follows growing demand for niche and thematic ETFs in the crypto and traditional finance markets. While specific index composition remains undisclosed, the fund is expected to attract both retail and institutional investors interested in politically linked assets. Market observers will monitor the SEC’s review process and potential approval timeline.

Institutional heavyweights Tom Lee and Joseph Lubin have turned the spotlight back on BOOE, an Ethereum memecoin launched in April 2024. Branded the “Book of Ethereum,” BOOE uses a religious narrative and a “Ten Commandments” governance model to cement community loyalty. The token has a fixed supply of 100 million, no transaction tax, and permanently locked liquidity. BOOE’s ecosystem also includes two sister tokens—HOPE and PROPHET—creating a “Trinity of Faith” structure and an NFT series called Booelievers. These elements extend cultural reach but hinge on narrative sustainability. Key whale trader fbb4 has amassed a large BOOE position using a buy-and-hold strategy that historically drove rallies in PEPE, DOGE, GME, and other memecoins. fbb4’s moves—from cross-chain purchases to liquidity provisioning—often spark significant price pumps. While institutional attention and whale activity deliver short-term bullish momentum for this Ethereum memecoin, traders should weigh speculative fervor against long-term fundamentals. Regulatory scrutiny and narrative fatigue remain risks. Understanding BOOE’s unique community model and fbb4’s influence is essential for navigating potential volatility.

A large whale address on Hyperliquid executed a massive XPL orderbook sweep. The trader bought millions of XPL tokens, triggering the liquidation of all short positions and netting a $16 million profit within one minute. This aggressive maneuver drove XPL’s price up more than 200% to $1.80. On-chain analysis identifies the wallet (0xb9c...6801e) sourcing funds from 4.99M USDC and 10.98M USDT. Rumors link the address to Justin Sun due to historical ETH transfers, but no direct evidence exists. Since August 24, the whale had quietly accumulated XPL longs. After the squeeze, it still holds $8.58M in XPL positions with $620k unrealized gains. The event highlights the risks of leveraged shorts and market manipulation on DeFi platforms. Traders should monitor XPL volatility and the potential for similar short squeezes on Hyperliquid.

Ethereum has likely bottomed, says Wall Street veteran Tom Lee, who forecasts a rally to $5,400. Over the weekend, the crypto market slid until ETH stabilized around $4,500, while BTC struggled below $110,000. Spot ETF inflows reversed a six-day outflow trend for Bitcoin and marks a third consecutive day of net inflows for Ethereum. Lee’s firm, BitMine, has been accumulating ETH reserves weekly, backing his bullish stance. He correctly predicted last week’s midweek pullback and Friday rebound, and claimed ETH would find a floor within hours, a call that aligned with yesterday’s price action. Traders should monitor upcoming US unemployment and preliminary GDP data, as well as potential fallout from President Trump’s dismissal of Fed board member Lisa Cook. Market volatility could rise if Fed independence is perceived as threatened, possibly weighing on both equities and crypto. While short-term risks persist, Ethereum’s technical bottom and renewed spot ETF inflows suggest a bullish outlook for ETH trades.

President Donald Trump has intensified his attacks on the Federal Reserve, demanding lower interest rates to reduce US borrowing costs. He called Fed Chair Jay Powell a “moron” and moved to dismiss Governor Lisa Cook this week, accusing her of mortgage fraud. Trump has nominated loyalists to reshape the Fed board, raising concerns among economists about the erosion of central bank independence. Critics warn that politicizing the Fed could undermine its credibility and ultimately push long-term US borrowing costs higher. Markets have responded: the spread between two- and 30-year Treasury yields widened to a three-year high, and the US dollar fell 0.2% against major peers. Analysts at JPMorgan and RBC Capital Markets point to rising inflation expectations and volatility as potential consequences. With the Treasury’s average debt maturity at six years, long-term yields are key for government financing. Some economists suggest the Fed may resume crisis-era bond purchases if yields surge. The impending legal battle over Cook’s removal could reach the Supreme Court, adding to market uncertainty. As traders, monitor Treasury yield curves and Fed board appointments closely; shifts in US borrowing costs will influence fixed-income and currency markets.

Shiba Inu price is consolidating inside a tightening symmetrical triangle and capped by the 200-day EMA near $0.000014. A decisive Shiba Inu price breakout above this resistance is required to confirm a bullish reversal; otherwise, the pattern suggests continued compression and potential downside. Dogecoin faces rising bearish volume as it tests the 50-day and 200-day EMAs around $0.21. Losing these moving averages could trigger accelerated selling and deeper losses. Solana has found support at its 26-day EMA and an ascending trendline. Holding this pivot could send SOL back toward $200–$215, while a break below $185 risks a pullback to $175–$167. Traders should monitor EMA levels, RSI readings and volume trends for confirmation before adjusting positions.

An ancient BTC whale executed a major reallocation, selling 3,968 BTC (about $437 M) over 13 hours to acquire 96,533 ETH at an average price of $4,588. On-chain data from OnchainLens captures this strategic remapping. The BTC whale’s on-chain move reflects a shift in exposure, reducing Bitcoin holdings while boosting ETH. This liquidity movement does not forecast price action but highlights potential market pressures. Traders should watch for possible downward pressure on BTC and bullish signals for ETH following this significant accumulation.

EU central banks and regulators are evaluating issuing a digital euro as tokens on public blockchains like Ethereum and Solana. The move is driven by U.S. stablecoin regulations and the rapid growth of dollar-backed tokens, aiming to protect the euro’s global role and reduce reliance on foreign payment providers. On Ethereum, the CBDC could leverage existing programmable payments and wallet infrastructure, while Solana offers lower fees and higher throughput. However, public-chain transparency conflicts with GDPR privacy and the ECB’s goal of cash-like anonymity, leading to proposals for privacy layers such as zero-knowledge proofs or hybrid models. Governance risks include validator control outside EU jurisdiction and potential network congestion. ECB officials estimate a two-to-three-year technical readiness timeline post-legislation, pending robust privacy engineering, legal frameworks, and pilot testing. Choosing a public blockchain would signal maturity for DeFi integration and secure the euro’s role in a tokenized economy.

US equities oscillated before finishing higher, with Nasdaq up 0.44%, S&P 500 gaining 0.41% and the Dow rising 0.30%. Major tech names including Tesla and Nvidia advanced over 1%, while Apple, Netflix, Amazon and Meta posted modest gains; Google, Microsoft and Intel edged down. Among crypto stocks, Circle (CRCL) led with a 3.04% gain, followed by MicroStrategy (MSTR) at 2.38% and Coinbase (COIN) at 0.81%. The strong performance of these crypto stocks underscores the steady investor appetite for digital-asset-linked equities.

As Q4 2025 begins, retail and institutional investors eye three key opportunities: Solana’s DeFi growth, XRP’s regulatory breakthrough, and a new meme coin crypto presale—MAGACOIN FINANCE. Solana (SOL) trades near $200, driven by an $11.3 billion DeFi TVL (+30% Q/Q) and $2 billion in Kamino Finance deposits. Institutional demand from Pantera Capital, Galaxy Digital and Jump Crypto has raised over $2 billion for Solana treasury funds. A Solana ETF decision is expected by October 16, with 95% approval odds, and the REX Shares Staking ETF holds $150 million in AUM. XRP gained final clarity on August 8 when Ripple settled with the SEC, confirming XRP is not a security. Seven major asset managers, including Grayscale and Franklin Templeton, updated XRP ETF filings and see more than 95% odds of approval by mid-October. XRP trades around $2.94, up 400% YTD, with year-end targets of $3.70–$5.50. Ripple’s On-Demand Liquidity processes over $15 billion annually, and its RLUSD stablecoin and Gemini XRP credit card boost real-world use. Among new entries, MAGACOIN FINANCE leads the meme coin presale sector. Audited by HashEx, the token passed with no issues, enhancing investor trust. A 50% bonus is available using code PATRIOT50X. With strong community culture and DeFi utility, this crypto presale targets retail momentum alongside Solana and XRP’s institutional gains.

Bitcoin fell from a recent high of $117k to a low of $108,717 after hitting resistance. As of now, BTC trades around $110,197, down 2.04% in 24 hours. Elevated funding rates on Binance (0.005–0.008) indicated persistent long leverage despite price decline. Continued high funding rates raised the risk of cascading long squeezes, triggering $477.5M in long liquidations (4,300 BTC) and intensifying selling pressure. Meanwhile, spot netflow data showed consistent exchange inflows from August 17–25, signaling aggressive spot selling. The derivatives market’s taker buy-sell ratio rose from 0.89 to 0.96, suggesting buyers are cautiously stepping in. However, ongoing long liquidations and spot selling could push Bitcoin toward $107k. Sustained recovery will depend on fresh spot demand to counter derivative-driven momentum.

Shiba Inu (SHIB) recently formed a SHIB golden cross as the 100-day EMA crossed above the 50-day EMA. However, SHIB remains trapped in a symmetrical triangle, consolidating with narrowing support and resistance. Until SHIB breaks out of this triangle and clears the 200-day EMA resistance at $0.000014, the SHIB golden cross signal alone is unlikely to trigger a strong bullish reversal. Volume remains low and the RSI is below 45, indicating neutral-to-bearish momentum. Dogecoin (DOGE) faces growing headwinds entering Q4 as both the 50-day and 200-day EMAs fail to provide consistent support. DOGE trades near a rising trendline around $0.21, but rising bearish volume and a lack of horizontal support levels raise the risk of a sharp breakdown. The flattening EMAs and a neutral RSI suggest DOGE may struggle to sustain any recovery, increasing the likelihood of panic-driven selling. In contrast, Solana (SOL) shows resilience by holding above its 26-day EMA after weeks of upward pressure. SOL currently hovers near $188, with a key test of its short-term support at the 26 EMA. A successful hold could pave the way for a retest of $215 and a challenge of the $200 barrier. The RSI at 51 and a bullish 50/200-day EMA crossover support a medium-term uptrend. Failure to maintain the 26 EMA could see SOL retreat to the $175–$167 range.

Bitcoin slipped to about $110,360, down over 1% in 24 hours, as traders focus on a key $112,000 support level. A breach below this zone could trigger a sharper decline toward the $108,695–$110,000 floor and possibly test $105,150 and $101,550 if momentum worsens. Technically, Bitcoin is confined in a descending channel after failing to hold the $124,450 high. The 50-day SMA at $116,553 now acts as resistance. Momentum indicators are cautionary: RSI stands at 38 (oversold) with no bullish divergence, and the MACD remains negative. If support at $108,695–$110,000 holds, Bitcoin could rebound to $116,850—where channel resistance meets the 50-day SMA—and then challenge $120,900 and the August peak at $124,450. Conversely, a decisive break below $108,695 may spark a flash crash toward the psychological $100,000 mark, potentially triggering panic selling but also drawing institutional buyers. Traders face a binary setup: maintenance of support could pave the way to $130,000, while a breakdown risks a six-figure slump.

Elevated funding rates on Binance, hovering around 0.005–0.008, encouraged leveraged Bitcoin longs even as the spot price weakened. Between August 17–25, positive funding ignited a cascade of roughly 4.3k BTC (≈$477.5 M) in long liquidations, driving BTC toward $108,717. Spot net inflows to exchanges rose, signaling heightened selling pressure. This imbalance heightened Bitcoin’s liquidation risk and volatility. At press time, BTC traded near $110,197, with the taker buy/sell ratio rising from 0.89 to 0.96 as traders bought the dip. Traders should monitor Binance funding rates, exchange netflows, and liquidation volumes. Tactics such as reducing leverage, using stop orders, and favoring spot accumulation over leveraged futures can help limit forced exits until robust spot demand returns.

Kristin Johnson, a commissioner at the U.S. Commodity Futures Trading Commission, has announced her resignation effective September 3. Her departure represents the fourth CFTC resignation this year and reduces the commission to a single active member. This wave of commissioner departures creates a significant staffing shortage at the key derivatives regulator. Industry observers warn that the understaffed CFTC may face delays in rulemaking and approvals for crypto-linked derivatives. The gap highlights ongoing uncertainty in U.S. crypto regulation and potential regulatory delays ahead.

CoinJar has partnered with the Australian Competition and Consumer Commission (ACCC) for Scams Awareness Week 2025 to help users identify evolving crypto scams. Australians risk losing billions in both crypto and fiat scams this year, so CoinJar’s new crypto scam quiz tests participants on common fraud tactics, from AI-voice scams to crypto-ATM tricks. Entrants who complete the quiz by September 1 (AEST) will be entered into a draw to win an 11th Generation iPad A16 (WiFi, 128GB) valued at $599. CoinJar’s Learn section offers additional resources, including scam documentaries and detailed breakdowns of current threats. Terms and conditions apply.

Crypto analyst Kevin from Kev Capital TA warns that a Dogecoin crash may already be in motion after a post-rally symmetrical triangle pattern formed on the charts. He identifies a critical support band at $0.195–$0.189, anchored by the 100-day EMA, 200-day SMA and the 0.5 Fib retracement, which bulls must defend to avoid a sharp sell-off. Loss of this $0.19–$0.20 lifeline could open a path to $0.16, with secondary demand floors near $0.147–$0.127. This Dogecoin crash threat hinges on Bitcoin’s next move, as the memecoin lacks independent momentum and typically follows BTC rallies. Resistance remains stiff between $0.261 and $0.285, defined by golden-pocket Fibonacci levels that have capped previous advances. Kevin’s tactical roadmap advises traders to respect major support zones, avoid emotional buys at resistance, and enter positions in small, risk-aware increments. In essence, sustaining $0.20 is pivotal to stabilizing Dogecoin within its rising channel and averting a deeper downturn.

Ethereum dominance has climbed from a multi-year support range of 6–8% to 14.59% in under eight months, signaling renewed capital rotation into Ether and its ERC-20 ecosystem. A decisive break above the key 15.38% resistance would confirm a new phase of altcoin market leadership and could drive Ethereum’s market share toward 20–22%. Contributing to this bullish outlook, the ETH/BTC trading pair cleared an eight-year downtrend, trading near 0.0408 BTC after breaking the long-term descending resistance line. Analysts note that a multi-week close above this trendline would increase the probability of sustained ETH outperformance against Bitcoin. Traders should watch for a daily close above 15.38%–16% in Ethereum dominance and monitor on-chain inflows and market-cap rotation. A confirmed breakout would likely lift the broader altcoin market as capital shifts from Bitcoin into Ethereum-linked projects. Key takeaways: • Ethereum dominance surged to 14.59% after rapid recovery from 6–8% support. • Critical level: daily close above 15.38%–16% to signal next dominance phase. • ETH/BTC breakout of an eight-year trendline boosts odds of ETH outperformance. This technical setup points to a bullish case for Ether, with both short-term momentum and longer-term market structure favoring further gains in Ethereum dominance and price.

Activists from the ‘No Azure for Apartheid’ campaign staged a Microsoft protest at the Redmond campus. They entered Brad Smith’s office and live-streamed their sit-in on Twitch. The protesters oppose Microsoft’s Azure contracts with Israel, alleging the cloud service supports surveillance of Palestinians. The disruption triggered a temporary lockdown and raised concerns over corporate ethics in cloud computing and employee activism. The Microsoft protest echoes similar actions against Google’s Project Nimbus. It highlights growing demands for ethical responsibility in tech. Microsoft has yet to comment on disciplinary measures. The event underscores the impact of internal dissent on company operations and brand image. Traders should watch for broader tech sector reactions to corporate ethics controversies.

Bitcoin’s price rally has propelled BTC above the $112,000 mark on the Binance USDT market, driven by increased institutional adoption, halving anticipation and global economic uncertainty. Major corporations and financial institutions are adding Bitcoin to their portfolios, providing strong buying pressure. Anticipated or recent halving events reduce new supply, historically leading to price appreciation. Economic instability is also pushing investors toward Bitcoin as an inflation hedge. Retail interest has surged, fueled by social media trends and mainstream coverage. Traders should note the market’s inherent volatility: sharp corrections can follow rapid rallies. Short-term traders may target quick gains, while long-term investors focus on Bitcoin’s fundamental value. Effective risk management and a clear investment horizon are essential. Looking ahead, clearer regulations, technological advancements in blockchain scalability and security, macroeconomic developments and competition from altcoins will shape Bitcoin’s trajectory. Staying informed on these factors is key for traders seeking to capitalise on potential further gains.

Ripple CEO Brad Garlinghouse has officially endorsed the newly launched XRP card, calling it a “fire” innovation and saying, “What a time to be alive, XRP family.” The XRP card allows token holders to spend digital assets like fiat at millions of merchants worldwide. It features instant issuance, 0% transaction fees, and automatic conversion from XRP at the point of sale. Garlinghouse shared images on social media, highlighting the card’s sleek design and emphasizing Ripple’s commitment to mainstream crypto adoption. The announcement generated strong social media buzz and coincided with increased trading volume for XRP. Market analysts believe the XRP card rollout could boost on-chain utility and accelerate broader acceptance of digital assets in everyday payments.

Bitcoin slipped below the $110,000 mark after a whale dumped 24,000 BTC (about $2.7 billion), triggering a sharp market reaction. The sell-off wiped out $205 billion in crypto market capitalization and caused over $930 million in leveraged liquidations. Intraday lows neared $109,000—the weakest in almost two months. Technical analysts point to an Elliott Wave C correction, suggesting a potential drop toward the $105,000 zone, which aligns with Bitcoin’s April Point of Control and the anchored VWAP support line. Conversely, the 61.8% Fibonacci retracement level at $107,000–$108,000, backed by clustered buy orders on Bookmap, could act as a reversal point if buyers intervene. A daily close above $110,000, and especially reclaiming $112,000, would invalidate the bearish case and imply the decline was corrective rather than impulsive. Traders are advised to monitor the $108,000 support zone closely: a breakdown may accelerate the sell-off toward $105,000, while a decisive bounce could restore short-term momentum.

Ethereum MVRV ratio recently topped 2.10 as ETH approached a $4.9k all-time high, signaling renewed FOMO among traders. On-chain data shows Open Interest dropped nearly 7% in a single session, wiping out about $10 billion in leveraged positions over three days—a classic derivative deleveraging after an extended rally. Historically, spikes in Ethereum MVRV have marked local tops, such as in March 2024 when a 2.35 MVRV ratio preceded a 50% correction. However, August’s price action diverges: despite profit-taking pulling ETH back to $4k after a mid-month peak, the market absorbed selling pressure and logged a higher high at $4.9k. The second MVRV surge above 2.10 on August 22 underlines structural resilience and suggests FOMO could drive the next leg higher. For crypto traders, this setup highlights short-term volatility amid a bullish foundation, with derivative liquidations potentially creating buying opportunities as momentum builds toward new highs.

Ethereum price plunged more than 10% from its recent all-time high above $4,900 following a large Bitcoin sell-off, but traders remain bullish. Prediction markets on Myriad now assign roughly 73–80% odds that ETH will hit $5,000 within four months. Technical indicators support the upside: the Average Directional Index (ADX) at 39 signals a strong trend, the Relative Strength Index (RSI) at 58 shows healthy momentum, and a golden cross has formed as the 50-day EMA crosses above the 200-day EMA. Key resistance levels lie at $4,800 and the $5,000–$5,200 zone, while immediate support sits near the 50-day EMA around $4,000 and strong support at $3,500. Historical seasonality suggests September could see a pullback, but if Ethereum price holds above $4,300–$4,500, an “Uptober” rally in October may propel ETH toward $5,000. Traders should monitor the ADX, RSI and support zones for trend confirmation, with a break below $4,000 challenging the bullish case.

Ethereum trades around $4,500 with an MVRV of 2.10, indicating a potential near-term overextension. On-chain data from Glassnode shows roughly $10 billion in leveraged ETH positions were liquidated over three days, causing Open Interest to drop by 7% in a single session. Historically, similar MVRV spikes have coincided with local tops and corrections. Traders should monitor MVRV and Open Interest alongside exchange flows, and target buy-the-dip zones at prior accumulation ranges. Risk management measures—reducing leverage, tightening stop-losses, and phased entries—can help navigate potential pullbacks before sustainable upside.

Digital Asset Treasury companies (DATs) have rapidly raised over $15 billion this year via reverse mergers, using nearly all proceeds to buy Bitcoin (BTC), Ethereum (ETH) and other tokens. In bull markets, DATs shares trade at significant premiums to NAV, driven by low-cost financing and investor appetite. To amplify gains, DATs tap leverage through convertible bonds and equity issuance. However, crypto volatility can quickly turn premiums into deep discounts, triggering margin calls and forced asset sales. DATs face three responses when trading at a discount: hold assets, peer acquisition or sell tokens to repurchase shares. Executive incentives tied to share price often favor short-term asset sales, creating downward pressure on crypto prices. With DATs holding over 3% of Ethereum supply, coordinated sell-offs in mild to severe scenarios could push ETH to $3,600–3,800 (10%–15% drop), $2,500–3,000 (25%–40% drop) or even $1,800–2,200 in a worst-case liquidity crisis. Traders should watch DATs premium/discount levels, leverage ratios and share repurchase announcements as signals of potential market stress.

XRP futures on the CME Group set a new speed record by posting a $1 billion increase in notional value in a single session—the fastest surge to date. This milestone in XRP futures underscores growing institutional appetite for crypto derivatives. At the same time, the overall open interest across the CME crypto suite, which includes Bitcoin and Ether futures and options, climbed past $30 billion for the first time. Rising open interest in the CME crypto suite signals heightened market liquidity and suggests increased confidence from institutional traders. The rapid expansion of XRP futures volume and broader CME derivatives activity points to a deepening integration of digital assets into mainstream financial markets.