Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Hyperliquid Protocol delivered seamless performance during the recent XPL/USD volatility. When XPL prices spiked, the platform executed order book–based liquidations first, then automatically transitioned to its Auto-Deleveraging (ADL) mechanism to uphold solvency. Its isolated margin structure confined losses to individual positions, preventing protocol-wide bad debt. This two-phase liquidation process—primary order matching followed by ADL—ensured fairness, preserved liquidity, and maintained system integrity. Traders benefited from clear risk boundaries and predictable outcomes, while Hyperliquid’s robust architecture demonstrated resilience under extreme market stress. By containing losses and safeguarding user funds, Hyperliquid Protocol reinforced confidence in DeFi infrastructure and positioned itself as a reliable venue for leveraged trading during periods of high volatility.

Bitcoin fell as traders turned cautious amid a potential Fed policy shift driven by Trump-supported board appointments. QCP Capital warns these changes could tilt the Fed dovish, making policy data-dependent after weaker nonfarm payroll revisions and a focus on labor market metrics. Meanwhile, Nvidia’s AI earnings report will test expectations for sustained revenue growth from its data center division. In crypto markets, QCP noted that large Bitcoin holders, or whales, have increased realized selling pressure. A broader equity sell-off could trigger further BTC outflows, challenging institutional allocations rather than signaling a lasting demand drop. Traders should monitor upcoming FOMC statements, labor data, and AI revenue updates to assess volatility and positioning in Bitcoin.

Analysts forecast a continued EUR/NOK downtrend, indicating a stronger Norwegian Krone. This shift reflects economic divergence. Norway’s GDP growth and commodity export revenues support the NOK. High oil prices and robust trade surpluses boost the Norway economy. Meanwhile, the Eurozone faces low growth and persistent inflation. Norges Bank’s hawkish monetary policy is a key driver. Aggressive interest rate hikes and clear inflation targets attract foreign capital. The interest rate differential with the ECB widens. Traders seeking yield may favor the Norwegian Krone. Clear guidance from Norges Bank reduces market uncertainty. The EUR/NOK downtrend has trading implications. Short EUR/NOK positions and carry trades benefit from higher NOK rates. However, oil price volatility can quickly reverse the trend. Forex traders should monitor Norwegian GDP, inflation, and oil markets. They must also track ECB statements. Effective risk management is essential as currency markets can be volatile. Overall, strong Norway economy fundamentals and proactive monetary policy underpin NOK strength against the Euro. Traders can explore short selling EUR/NOK and diversifying with NOK-denominated assets. Timely analysis of economic indicators and central bank guidance will be critical to navigating the EUR/NOK downtrend.

Crypto analyst Steph Is Crypto updated his XRP price forecast by applying Fibonacci extensions on the weekly XRP/USD chart from Bitstamp. He identifies the 1.618 level at $3.59789, the 2.618 level at $4.63615, and the 3.618 level at $5.67441 as the next key stops in the current bull cycle. Additional support levels include the 1.382 extension near $3.35, the 1.0 level at $2.96, and the 0.618 level at $2.56. The chart shows a prior advance, retracement, and a corrective structure before the recent upward move. His update does not specify a timeline or fundamental drivers. Community reactions on X highlight strong holder support and a gradual rise to target levels. This technical analysis offers short- to mid-term trading reference points for XRP price movements.

Gen Z professionals are reassessing Web3 careers amid high crypto volatility and uncertain project lifecycles. Wang Yue, a former VC intern turned Web3 employee, quit in mid-2023 to launch a foreign-trade business citing more predictable revenue streams. “My crypto trading skills aren’t reliable,” he noted. At Zhejiang University, blockchain enthusiast Peach bypassed full-time Web3 roles for a civil servant post, treating crypto investing as a side activity. Others, like Da He, combine a Web3 job with day-trading, planning to secure stable public-sector roles before market downturns. These stories illustrate a Gen Z shift from speculative Web3 to stable career paths. Idealistic visions of “changing the world” collide with market reality as young traders face frequent project failures and extreme price swings. The result is a pragmatic balance: use crypto trading for extra gains, while prioritizing predictable, low-risk careers. This trend could temper Web3 hiring and speculative trading volumes, prompting projects to emphasize tangible value and long-term sustainability.

Institutions are reallocating capital from Cardano (ADA) to Remittix (RTX) amid frustration over ADA’s scaling delays and regulatory uncertainty. Remittix, a payment-focused token, offers 0.1% cross-currency fees and a locked whale staking model that has secured 10% of its total supply. The project has raised $21.4 million in its presale, sold over 620 million tokens, and secured a BitMart listing, bolstering real-world adoption. Despite the institutional exodus, ADA’s 4-hour chart shows a bullish flag pattern targeting a 34% breakout toward $1.149. The 50-period EMA at $0.878 and steady volume support this setup, while the RSI at 44.56 remains neutral, allowing room for an upswing. The MACD hints at an impending bullish crossover, mirroring past rallies. Traders should watch for a decisive move above the flag’s upper boundary and EMA, backed by rising volume, to confirm ADA’s breakout and capitalize on the projected upside. This shift could influence broader Cardano market sentiment, making traders watch ADA’s breakout signals closely.

Over the weekend, the Ethereum price broke above $4,900 to set a new all-time high after four years of consolidation. This ATH breakout has ignited volatility, with traders taking profits and new buyers stepping in. Analysts at TheSignalyst note that Ethereum price cycles often rhyme: after long consolidations and a fresh ATH, the altcoin has historically rallied by over 250%. Applying that pattern to today’s $4,900 level points to a potential $17,000–$18,000 target. Even a more conservative 100% rise would push Ethereum price toward $10,000. Key drivers include strong ecosystem demand, looming ETF prospects, and Powell’s dovish tone fueling risk-on trades. On-chain data shows whales rotating funds from BTC to ETH, amplifying momentum. Historically, November has produced the most significant moves for Ethereum, making the next quarter critical for traders watching price discovery and the potential onset of altcoin season.

On August 27, 2025, Kraken added Camp Network’s native token, CAMP, to its trading platform. Users can deposit CAMP via supported networks before trading goes live. Deposits through unsupported chains will be lost. Trading is available on Kraken’s web platform, and the mobile app and Instant Buy features will follow once liquidity thresholds are met. Camp Network is a Layer 1 blockchain designed for AI agents and provenance-backed intellectual property, offering on-chain IP registration, royalty distribution, and scalable agent workflows. Geographic restrictions may apply. As with all listings, Kraken will not pre-announce future asset launches or influence token values.

HYPE price surged 34% in 24 hours to an all-time high of $51.07. The rally came as Hyperliquid boosted its buyback program from 97% to 99% of fees and expanded its validator set to 24. These moves cut HLP fee share from 3% to 1%, increasing the perpetual bid on HYPE tokens. Data from analyst Aylo shows the protocol generated $29 million in daily revenue on August 18, surpassing Ethereum and Solana. Spot trading volumes even outpaced Coinbase and Bybit. Meanwhile, Bitcoin reclaimed $111,000 and Ethereum rose above $4,600, adding 1.11% and 4.31% respectively. Technical indicators show strong momentum for HYPE price, with RSI near 69 and bullish MACD. Fibonacci extensions set targets at $51.60, $56.60, $61.62 and $64.72. Key support lies at $48.50 and $46. Traders should note heightened market sentiment as HYPE price eyes $65.

Convano Inc, known for its Japanese nail salons, is entering crypto by planning a JPY-backed stablecoin. The project starts with platform and network development in partnership with FINX JCrypto. Due to Japan’s Settlement Act, only licensed banks can issue stablecoins. To comply, Convano will first build a transfer and settlement network with a money transfer provider. The JPY-backed stablecoin will use Japanese government bonds as reserve assets to guarantee 1:1 redemption. The initiative targets a pilot launch on September 1, 2025, backed by an initial investment of ¥50 million. Convano aims to secure its own issuer license by December 2027 to legally mint the JPY-backed stablecoin. Currently, the company holds about 365 BTC, worth roughly ¥64 billion.

On August 27, the Bitcoin price climbed above $111,000 on OKX, hitting $111,008.80 per coin. This rise represents a 1.22% daily gain, reflecting continued strength in the cryptocurrency market. Traders on OKX witnessed increased buying interest as Bitcoin price maintained its upward momentum, with market participants tracking this key resistance level.

Gate Exchange has kicked off a BTC vs ETH trading duel from August 27 to September 12 (UTC+8). Users join the BTC or ETH team and execute designated contract trades to vie for a $68,000 prize pool. The top-performing team unlocks up to $48,000 in rewards, with individual prizes reaching $10,500. New users who complete $500 in contract trading qualify for a $10 bonus. All eligible participants can also share a $10,000 “Trading Star” prize. This BTC vs ETH competition aims to boost futures trading volume and engage both new and veteran traders. The contract trading competition underscores Gate’s efforts to drive platform activity and user acquisition.

CRO surged over 40% to a new yearly high near $0.22 after Trump Media and Technology Group partnered with Crypto.com to add the token on Truth Social and accumulate 20% of its supply. Meanwhile, Bitcoin’s recovery stalled at $112,300, falling back below $111,000 and hitting a seven-week low near $109,000 after mixed trading and selling pressure following Fed Chair Jerome Powell’s speech. Other altcoins like ETH, SOL, DOGE, HYPE and OKB also posted daily gains between 5% and 8%, contributing to a broader market recovery of over $60 billion and lifting total capitalization to about $3.93 trillion. Bitcoin dominance dropped to 56%, reflecting investors’ focus on high-performing tokens. Traders should watch CRO’s momentum and the potential impact on altcoin flows as well as Bitcoin’s struggle at key resistance levels for short-term opportunities.

Canary Capital has filed to launch a Trump Coin ETF that would directly hold the Official Trump token (TRUMP). Trading at around $8.46 and ranking 55th by market cap, TRUMP has fallen nearly 70% from its January high of $46.50. Analysts, including Bloomberg’s Eric Balchunas and ETF Store president Nate Geraci, question the fund’s unconventional regulatory path, calling it a potential “regulatory end-around” under the Investment Company Act of 1940. REX Financial CEO Greg King warns issuers to avoid low-tier tokens, noting cryptocurrencies below the top 20 are “sketchy.” The ETF’s legal entity in Delaware on Aug. 14 marked the first step toward approval, but high speculation risks may deter cautious investors.

XRP rebounded to $3 after $25 million in net daily inflows on August 27. Strong investor demand, highlighted by large whale accumulation and a CNBC spotlight, has driven renewed market confidence. Data from CoinGecko shows a 3.2% daily gain. Analysts point to the $3 level as a key resistance break and anticipate further upside toward $10. Institutional interest is growing. Speculation around XRP ETFs could enhance liquidity and regulatory legitimacy. Meanwhile, Gemini’s launch of an XRP credit card bridges crypto with everyday spending, boosting mainstream adoption. These factors align with Ripple’s vision of integrating blockchain into traditional finance. Overall, robust inflows, media coverage, and practical utility suggest a bullish trajectory. Traders should watch the next resistance at $3.30 and the development of ETF approvals. XRP’s momentum may attract both retail and institutional capital in the short and long term.

Crypto lobbyists, including Coinbase, Kraken and Ripple, have united to press the U.S. Senate to safeguard software developers in its market structure bill. They warn they cannot support the legislation without clear protections for open-source development and non-custodial service providers. Over 110 firms and advocacy groups, led by the DeFi Education Fund, signed a letter to the Senate Banking and Agriculture committees ahead of renewed negotiations. The House’s Digital Asset Market Clarity Act already covers developer immunity, but lobbyists fear the Senate version may introduce new liabilities. The coalition argues that extending protections will preserve innovation and prevent developers from falling into regulatory categories meant for traditional financial intermediaries. Crypto lobbyists highlight their political influence after significant PAC funding and stress that a final law is needed for lasting legal certainty.

With regulatory momentum from the GENIUS Act and a 33% rise in crypto ownership, stablecoins are poised to enter global finance. The 2022 TerraUSD (UST) collapse exposed design flaws such as opaque reserves, inflexible smart contracts, and a lack of oversight. Mainstream adoption now requires protocol compliance standards and privacy protections. Embedding adaptable token standards, or “Smartcoins,” directly on the blockchain can reduce smart contract vulnerabilities and align stablecoins with diverse regulations. Privacy-driven compliance using zero-knowledge proofs enables identity or age verification without disclosing personal data, balancing user confidentiality with regulatory requirements. By combining transparent reserves, robust compliance, and privacy-preserving technology, stablecoins could achieve everyday use in payments, remittances, and decentralized finance.

Bitcoin Swift has raised over $1.3 million in its presale with more than 5,500 participants at $7 per token in Stage 7. The project offers direct Proof-of-Yield rewards and plans an early launch on August 30. Tokenomics allocate a 45 million total supply, including 22.5 million for PoY rewards and 13.5 million for presale participants. Four independent audits—Cyberscope, Solidproof, Spywolf—and KYC verification have confirmed security and compliance. A tiered bonus event offers up to 300% extra tokens for fast investors, alongside a 25% referral reward. The roadmap outlines a Solana launch in late 2025, an AI-powered smart contract engine in Q1 2026, zk-SNARK privacy features in Q2, governance tools in Q3, and a mainnet with a stablecoin in Q4 2026. This surge in Bitcoin Swift presale coincides with rallies in Bitcoin, Ethereum and Solana, making it a bullish opportunity for altcoin traders seeking high-growth potential.

Bitcoin failed to sustain its bounce after testing the $112,000 resistance level, leaving traders cautious. The BTC price remains range-bound between $109,000 support and $112,000 resistance. Market participants are eyeing the US stock market’s ongoing rally and anticipated Federal Reserve rate cuts as potential catalysts. Technical indicators on daily charts show the Stochastic RSI near oversold levels and the RSI holding at around 40, suggesting a possible short-term uplift. On the weekly timeframe, Bitcoin is balanced on key structural support, which has historically preceded strong advances. Overall, Bitcoin remains in consolidation until it decisively breaks above $112,000 or below $109,000, with US market sentiment and Fed policy likely to dictate the next major move.

OpenAI has launched ChatGPT Go in India at ₹399 per month, offering users 10× higher message limits, image generations and file uploads than the free tier. ChatGPT Go now supports India’s Unified Payments Interface (UPI) for all subscriptions—Go, Plus and Pro—enabling payments in INR via a popular digital payment system. This integration removes barriers for millions without credit cards and taps into India’s 491 million UPI users. India is ChatGPT’s second-largest market. CEO Sam Altman confirmed plans for a New Delhi office and local team. Facing competition from Google Gemini and Perplexity AI, OpenAI aims to drive AI subscription growth and accelerate local market adoption with this local payment integration.

On August 27, 2025, Bitwise Asset Management filed with the U.S. Securities and Exchange Commission (SEC) to launch the first exchange-traded fund (ETF) tracking Chainlink. The proposed Chainlink ETF would mirror the Chainlink Reference Index maintained by CF Benchmarks, drawing aggregated price data from multiple exchanges. This structure aims to deliver regulated exposure to LINK, address custody risk via approved custodians, and implement robust market surveillance. If approved, the ETF could streamline access to Chainlink tokens through brokerage accounts and retirement platforms, bridging DeFi infrastructure with traditional finance. The SEC’s review will focus on custody safeguards, valuation methods, index methodology, and surveillance against market manipulation. Approval or rejection may take several months, including a public comment period and possible amendments. Traders interested in LINK exposure should verify brokerage readiness, review the fund prospectus for fees and custodial details, and monitor SEC filings. A Chainlink ETF promises simplified custody, institutional participation, and broader market integrity.

Bitcoin 30-day taker buy/sell ratio has fallen to its lowest level since May 2018, indicating weakened buy-side momentum and rising short-term selling pressure. CryptoQuant and CryptoOnchain data show the ratio dipping below the 0.98 threshold that historically precedes price pullbacks due to insufficient buy-side liquidity. This market indicator measures the 30-day moving average of taker buy volume versus taker sell volume across major exchanges. The current ratio sits below mid-2021 readings, despite higher spot prices, highlighting a price/volume divergence that often signals a risk of correction. In past cycles, similar drops in the Bitcoin taker buy/sell ratio preceded significant retracements. If this ratio remains low, selling pressure could intensify and drive a near-term retracement. Traders should monitor this market indicator closely and consider protective measures—such as stop-loss orders or hedging positions—to manage downside risk.

Hyperliquid (HYPE) climbed above the $50 resistance this week with a 21% gain and $522 M in trading volume. Two whale wallets accumulated 358,279 HYPE (~$18 M), signaling strong bullish conviction. The token rebounded from the $43–$45 accumulation zone, and short-term averages—the 9-day EMA at $46 and the 50-day SMA at $44—now sit below the current price. Key support lies at $46, while a sustained breakout above $50 could drive HYPE toward $55. Meanwhile, Hyperliquid’s total value locked (TVL) hit a new 2025 high of $721 M, up from under $200 M at the start of the year. Rising TVL alongside price reflects renewed capital inflows and growing protocol participation. Traders should watch the $50 level for a potential breakout or a retest of support at $46.

US investment bank Compass Point has warned retail investors about the upcoming listing of the Trump-backed WLFI token. Analysts highlight a severe supply shortage: only a fraction of WLFI’s total supply will be tradable at launch, while over 20% remains locked up and held by insiders, including former President Trump’s family. This structure creates low liquidity and a high fully diluted valuation (FDV), inflating on-paper value. Compass Point cautions that exchanges such as Coinbase may list WLFI with an excessively high FDV, leading to overvaluation and exposing traders to significant losses. The bank draws parallels with January’s Official Trump (TRUMP) memecoin listing, where many retail investors suffered due to aggressive pricing on limited circulating supply.

Whale Alert reported on August 27, 2025 that Binance transferred 50,000 ETH (approximately $228 million) to its Binance Beacon Deposit contract. This transaction marks a significant Ethereum staking event on the Beacon Chain, where participants lock up ETH to secure the network under proof-of-stake. By depositing ETH into the Beacon Deposit contract, Binance aggregates user funds and simplifies validator operations. Ethereum staking strengthens network security by requiring validators to stake collateral, reducing the risk of malicious attacks. Validators also participate in decentralized governance and earn staking rewards in ETH. This large ETH transfer reduces the circulating supply and signals institutional confidence in Ethereum’s long-term proof-of-stake roadmap. Market participants may interpret the reduction in liquid supply as potential price support, contributing to bullish sentiment. Binance’s move highlights the growing appeal of Ethereum staking pools for both retail and institutional investors. As ETH continues transitioning to a fully proof-of-stake ecosystem, staking activity on the Beacon Chain will remain a key metric for network health and market dynamics.

Aave TVL reached an all-time high of $41.1 billion on August 27, placing its locked value near the scale of the 50 largest U.S. commercial banks and underscoring its DeFi market dominance. Google Cloud launched its proprietary L1 blockchain, GCUL, now in private testnet, offering a Python-based smart contract environment, 24/7 financial infrastructure, and native bank-grade on-chain settlements. The broader crypto market saw a rebound, with BTC and ETH edging higher, altcoins posting gains—IP Story Network (STORY) +10.8%, Aurora +69.1%, and Numeraire (NMR) +134.3%—driven by new partnerships, AI integrations and institutional backing like JPMorgan’s $500 million strategy commitment to Numerai. Aave’s TVL surge highlights growing institutional confidence in DeFi, while Google Cloud’s GCUL rollout signals Big Tech’s push into financial-grade blockchain services. Traders should watch whether Aave sustains its momentum above $41 billion TVL and how GCUL developments influence market sentiment and infrastructure adoption.

On August 27, Whale Alert reported a large ETH transfer of 37,744 tokens, valued at $172.27 million, from an unknown wallet to Binance exchange. Such a substantial ETH transfer to Binance often signals potential sell pressure in the short term. Traders should watch ETH inflows and outflows to exchanges closely. This ETH transfer highlights growing market activity around Ethereum and underscores the importance of monitoring exchange flows for timely trading decisions.

Hyperliquid has responded to a recent XPL hedging sniper incident, stating the platform found no vulnerabilities. The team urged users to monitor their own risk exposure when trading XPL derivatives. To further bolster risk controls, Hyperliquid plans to enforce a mark price cap. Following the next network upgrade, the Hyperp mark price will be limited within a 10×8-hour EMA range. This change aims to reduce price manipulation and extreme volatility. Hyperliquid’s swift response and upcoming network upgrade reflect its commitment to platform integrity and trader protection. Traders should note the new EMA-based limit may impact XPL futures spreads. Hyperliquid continues to monitor market behavior and will implement additional safeguards as needed.

XRP price prediction shows consolidation around the $3 mark amid mounting pressure from Bitcoin’s recent slump. After BTC dipped below $109,000, economist Peter Schiff warned of a deeper correction toward $75,000. U.S. political uncertainty surrounding the Federal Reserve’s independence and a potential September rate cut adds further volatility. Technically, XRP is trapped between support at $2.80–$3.00 and resistance around the $3.08 mid Bollinger band and $3.33–$3.35 Fibonacci pivot. A decisive breakdown below $3 could trigger a drop toward $2.50, while a Bitcoin-led rebound above $100,000 might allow XRP to retest $3.80 and challenge the $4 level. Traders should watch Bitcoin’s support levels and Fed policy cues closely to anticipate XRP’s next breakout or breakdown. The current setup suggests caution in short-term trades until clearer market direction emerges.