Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

JemLit leads in mystery box streetwear, providing transparent and fair e-commerce for streetwear enthusiasts. With JemLit’s mystery box streetwear solution, shoppers can access premium brands—Supreme, Off-White, Nike, Adidas, Gucci and Louis Vuitton—at discounted prices. The platform displays exact odds and reveals the item immediately. After purchase, users can accept the mystery prize or sell it back for credits. The process involves selecting a box, paying, viewing the drawn item, and deciding to keep or exchange. Global delivery takes 2–7 days. JemLit guarantees authentic products and publishes drop rates for each reward. This approach reduces traditional mystery box risks and prevents counterfeit items. The transparent mechanics and resale options enhance user trust. Companies exploring tokenized assets or NFT-based e-commerce can look to JemLit’s model as inspiration for integrating transparent mechanics and secondary-market resale features.

Canary Capital has submitted a Trump Coin ETF application to the SEC under the Securities Act of 1933. This is the third proposal for a $TRUMP ETF, following filings by Tuttle Capital and REX Shares. Although the SEC’s criteria—six months of futures trading—make approval unlikely soon, the ETF bid sent $TRUMP prices up 2% and open interest up 3%. The Trump Coin ETF filing underscores growing institutional interest in meme coins and altcoins. Traders eyeing new opportunities can review three leading tokens: Maxi Doge (MAXI), a Dogecoin rival prepped for a 1000x target through aggressive marketing; Snorter Token (SNORT), which powers a Telegram bot for fast limit-order “sniping” and advanced analytics; and Comedian (BAN), a viral, art-inspired meme coin nearing a bullish breakout. With presales raising millions, these altcoins may offer high-reward entry points. However, regulatory hurdles and market volatility mean risks remain.

Ripple’s leadership team blends deep experience in technology, finance, law, and global business to drive blockchain adoption and global payments innovation. CEO Brad Garlinghouse and Executive Chairman Chris Larsen lead a veteran group including President Monica Long, CTO David Schwartz, and CFO Jon Bilich. This seasoned Ripple leadership team oversees product development, regulatory strategy, and market expansion for XRP. Key initiatives include xCurrent, xRapid, stablecoins, CBDCs, and tokenization platforms. Ripple’s leadership team also champions legal advocacy amid the SEC lawsuit and fosters a diverse corporate culture. Their combined expertise supports XRP’s use in on-demand liquidity and cross-border remittances, reinforcing Ripple’s position in the fintech ecosystem.

XRP cloud mining platforms promise 100%–800% APR for minimal effort. Yet XRP is pre-mined and cannot be mined like BTC. These services rent hashing power to mine BTC or ETH but pay users in XRP. They hide key details—no info on sites, hardware, or hash rates. Tests in July found no real mining. Payouts rely on funds from new investors, a Ponzi hallmark. Some platforms vanished with millions in XRP. Referral bonuses and signup deals mask withdrawal fees and pending holds. The SEC warns fixed-return cloud mining may be unregistered securities. Offshore operators face little oversight. XRP’s 32% weekly swings can render contracts worthless. Scammers cite market conditions to delay or withhold payments. The lack of transparency in XRP cloud mining poses legal and financial risks. Traders should verify mining operations, seek audits, and avoid guaranteed returns. Safer options include DeFi lending/staking on Aave or Compound (5%–20% APR) and regulated staking on exchanges like Coinbase. Due diligence and small initial investments are crucial.

Chainlink price has repeatedly failed to breach the $26 resistance, reinforcing this barrier. Technical analysis highlights the $21 zone as a critical confluence support, aligning with the 0.618 Fibonacci retracement, VWAP, and the daily value area. Traders will monitor whether Chainlink price action holds $21 on strong volume, confirming a bullish retest and higher-low formation. A sustained bounce from $21 could propel LINK back toward $26 and beyond, while a decisive break below might trigger a deeper pullback. Volume confirmation at the $21 support will be crucial for market sentiment and future price action.

H100 Group has acquired an additional 46 BTC, raising its corporate Bitcoin treasury to 957 BTC, valued at about $108 million. The Swedish healthtech firm, specialising in AI-driven longevity research, allocates part of its cash reserves to Bitcoin as an inflation hedge. H100 Group’s average cost per BTC is $110,500, reflecting a 0.53% gain. In July, the company raised $54 million via equity and debt to fund further Bitcoin acquisitions and support its core operations. After its first BTC purchase in May, H100 Group’s stock jumped 40%. This move underscores the emergence of corporate Bitcoin treasuries in Europe, following similar strategies by France’s Blockchain Group and Sequans Communications.

Research by network economist Timothy Peterson suggests the Bitcoin price could climb 44% over the next four months, reaching $160,000 by Christmas. Historically, BTC/USD posts positive returns 70% of the time between September and December, with an average gain of 44%. Peterson notes that excluding atypical years (2017, 2018, 2020, 2022) paints a “positive yet less volatile” Q4 outlook. Meanwhile, trader Donny argues the current Bitcoin price dip is merely “frontrunning” the customary September slowdown, comparing present action to 2017’s bull market. He also highlights Bitcoin’s resumed correlation with gold. These projections reinforce a bullish market outlook for traders planning positions ahead of year-end.

Hemi Labs, a network founded by Bitcoin developer Jeff Garzik to enable Bitcoin programmability, has raised $15 million from backers including YZi Labs, Republic Digital, HyperChain Capital, Breyer Capital, Big Brain Holdings and Crypto.com. The funding will accelerate DeFi application support—borrowing, lending and trading—via its Hemi Virtual Machine (hVM), which embeds a Bitcoin node inside an Ethereum Virtual Machine. Bitcoin programmability protocols can thus execute smart contracts without new skills or security trade-offs. Hemi Labs now counts over 100,000 verified users, 400,000 community members and 70+ partners such as Sushi, LayerZero and MetaMask. Total value locked has reached $1.2 billion after a March mainnet debut with $440 million committed. This raise underscores growing interest in Bitcoin programmability and DeFi, alongside competitors like Lombard (LBTC) and BOB.

Bitcoin held above $111,000 after bouncing earlier in the European session, up under 1% over 24 hours. With August nearing its close, BTC is on track for its smallest monthly decline since 2021. Options expiry on Friday will see $14.6 billion in BTC and ETH contracts, with max pain at $116,000, likely prompting sellers to push prices toward that level. The CoinDesk 20 and 80 indexes gained over 3%. Bitcoin’s 200-day moving average rose above $100,000, reinforcing its long-term uptrend. Derivatives metrics show open interest sliding to $30.3 billion, though three-month basis trades remain profitable at 8–9%. Implied volatility curves slope upward, while skew and put/call volumes tilt bearish as traders seek downside protection. Funding rates have rebounded to 8–10% annualized. Liquidations hit $266 million, skewed 58% toward shorts. Cronos (CRO) rallied 56% after Crypto.com and Trump Media unveiled a $6.4 billion CRO treasury, integrating CRO into Truth Social’s rewards system. Trading volume jumped 1,300% to over $1 billion, making CRO a standout performer.

Technical analyst HolderStat highlights a potential XRP price breakout after consolidation. On the daily chart, XRP price broke out of a multi-month triangle and now trades between $3.20 and $3.48. A clear move above the $3.48 resistance line could push XRP price toward $3.8 and $4. Key support sits at $3.20, with a breach risking deeper corrections. A six-hour chart shows higher lows within a channel, signaling accumulation and bullish momentum as long as XRP holds $2.70. A successful close above $3.40 on this timeframe would confirm the upswing. Traders should watch these levels closely for a possible rally to previous all-time highs.

REX Shares, a Miami-based ETF provider, filed for a BNB staking ETF under the 1940 Act. The application, listed as REX-Osprey BNB Staking ETF on Cboe BZX, follows BNB’s price surge to $900 on August 23. Traders speculate on further upside, but BNB’s DeFi fundamentals remain weak. Binance Smart Chain TVL stands at $7.5 billion, far below its $22 billion peak. PancakeSwap revenue dropped by over 90% from $5.15 million in late July to about $500,000. Technical indicators signal a bearish ABCD pattern as BNB trades below its 9-day MA ($853) but above its 50-day MA ($782). Analysts warn that a break below $800 support could trigger a sharp sell-off. Meanwhile, YZi Labs plans a $1 billion BNB treasury raise, highlighting institutional interest. The proposed BNB staking ETF could attract new capital by offering native BNB yield. Traders remain cautious amid mixed market signals.

Story Protocol’s IP token jumped from $5.60 to $6.55 after unveiling the Origin Summit in Seoul on September 23. The event, organized with Blockworks and Hankyung Media, features top music and media figures like BLACKPINK’s executive producer Kyung In Jung and Baby Shark creator Ryan Seungkyu Lee. Institutional backing grew as Heritage Distilling closed a $223.8 million PIPE financing, securing 53.2 million IP tokens worth about $320 million. They plan to stake these tokens on Story’s blockchain, signaling long-term commitment. The price later retreated to $6.00–$6.20 on profit-taking. Short-term technical indicators, including a bearish crossover of the five- and ten-day moving averages, suggest a pullback toward $5.75 if support at $6.00–$6.20 breaks. However, longer-term trends remain bullish, with 20-day and 120-day averages still rising. Traders should watch for key support levels and event developments ahead of the summit.

Since their U.S. debut in January 2024, Bitcoin ETFs have quietly reshaped supply dynamics by absorbing over 1.4 million BTC—more than 7% of total circulation and triple the monthly mining output. Daily and cumulative fund flows reveal retail-driven behaviors: inflows peak at price highs and outflows at lows, suggesting a contrarian strategy of buying during red days. Advanced on-chain metrics like the Accumulated Flow Delta, Flow Volatility, and the new Flow-Weighted Average Price (FWAP) signal market tops, bottoms, and ETF investors’ average cost (around $105,000). ETFs continue to withdraw three times more BTC than is mined, structurally tightening liquidity and underpinning long-term bullish momentum. Traders should monitor fund flow oscillators for entry and exit cues, while remaining cautious of short-term sell-offs triggered when prices dip below the ETF cost basis.

Chinese and Korean smartphone manufacturers, including Samsung, Xiaomi, Honor, Huawei, Tecno and Infinix, are poised to pre-install Russia’s state-backed Max messenger app on devices sold in the Russian market from September 1, 2025. The mandate, enforced by the Russian government, requires Max, described as the “national messenger,” to replace VK Messenger on all new smartphones and tablets. Integration options under consideration include software updates or prompts that trigger installation when a Russian SIM card is inserted. Although major brands have agreed to comply, none have filed official documentation confirming the move. Critics warn that the Max platform could enable increased surveillance by collecting sensitive user data. This push highlights Russia’s efforts to curb foreign messaging services like Telegram and WhatsApp by promoting a homegrown alternative at the expense of encrypted communication.

Cryptocurrency analyst Benjamin Cowen warns that XRP, despite its strong institutional backing and summer gains, remains undervalued against Bitcoin and exhibits higher risk and volatility. The XRP/BTC pair has shown modest gains over the past year but trades well below its historical peaks at around 0.000028 BTC. On the XRP/USD chart, a symmetric triangle pattern has formed following early-year rallies, with key support at the 100-day EMA near $2.76 and resistance in the $3.40–$3.50 range. The Relative Strength Index sits at neutral levels, indicating openness to either a bullish or bearish breakout. While Bitcoin continues to attract investors as a store of value and inflation hedge, XRP’s speculative nature prompts traders to await a decisive price movement before committing, making the upcoming breakout critical for market sentiment.

Shiba Inu’s on-chain volume surged over 300% on Aug 25, jumping from 1.1 trillion to 4.25 trillion tokens, according to Etherscan. The transaction count held steady at around 5,355, pointing to significant whale activity and potential wallet redistribution. Price remains in a narrowing symmetrical triangle between the 50-day and 200-day EMAs near $0.0000125, with solid support at $0.000012 and resistance near $0.000014. Neutral RSI and low exchange volumes suggest trader hesitancy. A breakout above the 26-, 50-, 100- and 200-day EMAs and the descending trendline could signal a bullish move toward $0.0000135–$0.0000142. Traders should watch whale transfers and resistance tests for clues on Shiba Inu’s next breakout.

CryptoQuant data shows that Binance recorded two significant stablecoin inflows—$1.82 billion and $1.65 billion—among the largest single-day transfers this month. Such large stablecoin inflows typically signal upcoming spot market buy orders driven by large and institutional investors. Analysts attribute these moves to strategic accumulation ahead of potential macroeconomic announcements, ETF inflows and positive on-chain developments, as well as renewed demand following recent sell-offs. Traders should monitor Binance’s stablecoin reserves and spot trading volumes for confirmation, since these inflows often precede upward pressure on Bitcoin and other major cryptocurrencies.

Binance will delist three spot trading pairs—BABY/BNB, NXPC/FDUSD and SXT/FDUSD—on August 29, 2025 at 09:00 UTC. The exchange cited low liquidity and insufficient trading volume as the main reasons for the delisting. While these specific pairs will be removed, the underlying tokens remain tradable on Binance via other available pairs. Spot Trading Bot services linked to the delisted pairs will also cease at the same time. Users are advised to cancel or update any open bot orders tied to these pairs to avoid unintended losses. Binance regularly reviews its listings to maintain healthy liquidity, protect users from market risks and uphold transaction quality across its platform.

Elliptic has launched a new Issuer Due Diligence tool to enhance stablecoin compliance for banks, custodians, and asset managers. This purpose-built solution provides address-level risk insights into wallets controlled by stablecoin issuers, helping institutions assess counterparty risk and meet AML and sanctions requirements. The issuer due diligence platform enables custom cluster analysis, transaction-level detail review, and multi-chain exposure monitoring. Users can visualize value flows, track historical activity patterns, and access configurable dashboards that surface wallet trends and risk alerts. With regulatory clarity around stablecoin frameworks increasing globally, the new tool fills a critical gap in compliance workflows. As part of Elliptic’s Stablecoin Risk Management suite, Issuer Due Diligence empowers financial institutions to confidently hold reserve assets, detect illicit activity, and streamline onboarding and oversight of stablecoin issuers. By combining blockchain intelligence with enterprise-grade visualizations, the solution promotes secure participation in the rapidly growing stablecoin market.

Crypto price analysis over the past 24 hours shows a market rebound led by Bitcoin and Ethereum. Bitcoin (BTC) recovered more than 1% to trade near $111,440 after dipping below $110,000, while Ethereum (ETH) surged over 4% back above $4,600. Solana (SOL) and Ripple (XRP) also posted gains, climbing 8% and 4%, respectively. In regulatory news, Kraken met with the SEC’s Crypto Task Force to discuss tokenized asset trading, potentially paving the way for 24/7 tokenized stocks. Meanwhile, spot crypto ETPs suffered $1.4 billion in outflows amid recent price dips, marking the largest weekly withdrawal since March. Other highlights include CFTC Commissioner Kristin Johnson’s announced departure on September 3, raising staff concerns; Donald Trump Jr. joining the Polymarket advisory board following a strategic investment; and blue-chip NFT floor prices falling up to 19% after Ethereum’s pullback. This crypto price analysis underscores mixed signals: a short-term upswing driven by positive sentiment and dovish Fed cues, counterbalanced by significant ETP outflows and NFT losses. Traders should watch institutional flows, regulatory developments, and on-chain distribution for guidance.

Bo Hines, former White House crypto director and now Tether Strategy Advisor, predicts the federal Bitcoin Reserve Act will pass by 2025. Speaking with CoinDesk, Hines said the US government is focused on budget-neutral ways to accumulate BTC, building on Trump’s GENIUS Act. The Bitcoin Reserve Act (S.954/H.R.2032) aims to codify the March 2025 executive order that created the Strategic Bitcoin Reserve, banning the sale of seized BTC and authorizing further acquisitions. With both Senate and House bills in committee, Hines expects two major crypto laws—market structure reform and the Bitcoin Reserve Act—to be signed in 2025. Traders should monitor this legislative push, as a formal Strategic Bitcoin Reserve could boost demand, tighten supply, and reinforce US leadership in crypto.

Analyst Ali Martinez highlights a key resistance level for Dogecoin. He argues that a decisive break above $0.23 could open targets at $0.25 and $0.30, with a potential extended rally toward $0.36 if volume picks up. Traders should watch for a clean breakout accompanied by strong trading volume, as the $0.23 zone also marks significant whale accumulation and profit-taking. Recent data show substantial Dogecoin net outflows from centralized exchanges, signaling reduced immediate selling pressure. Only five days in August saw higher inflows than outflows. Meanwhile, Google Trends indicates that retail interest in Dogecoin remains well below the peaks of 2021 and 2024. Low hype levels may point to further upside before a new cycle top. Technical indicators add to the bullish case. The TD Sequential has flashed a buy signal, and price remains confined within a $0.20–$0.24 range. A successful breakout could trigger rapid gains. Conversely, failure to hold above $0.23 might push Dogecoin back toward the $0.21 support level.

Bitcoin’s price has stabilized around the $110K support after a steep $15K drop but remains under bearish pressure. On the daily chart, BTC price formed a lower low and trades below a breached ascending trend channel. The RSI stays under 50, signaling continued seller momentum and a risk of a further decline toward the $100K psychological level. The 4-hour chart shows Bitcoin making lower highs and lows within a descending channel, with potential targets at a $104K fair value gap or $100K if the channel breaks down. On-chain data highlights a rising Exchange Whale Ratio, indicating large holders may accelerate selling into the current range. Unless BTC price breaks back above the channel and RSI pushes above 50, traders should brace for increased volatility and deeper corrective moves.

Gondor, a DeFi startup backed by Maven11 Capital and others, has closed an angel funding round to launch a borrowing protocol that unlocks Polymarket liquidity for traders. Its first product lets traders borrow against their open positions on Polymarket, unlocking liquidity that would otherwise remain locked until market resolution. By using prediction market positions as collateral, Gondor’s DeFi layer aims to enhance capital efficiency and allow traders to redeploy funds into new opportunities without closing positions. The protocol assesses the risk and value of open positions to determine loan sizes. As Polymarket nears billions in trading volume, this DeFi solution addresses a critical Polymarket liquidity gap, paving the way for broader DeFi integration across prediction markets.

WhalePanda, a prominent Bitcoin OG and influencer, questions Bitcoin store of value status amid lackluster 2025 performance. He points out that Bitcoin’s adjusted growth from $69,000 to $124,000 over four years amounts to less than 80%—underperforming gold and major stocks like Nvidia (NVDA), AMD and Sterling Infrastructure (STRL). WhalePanda argues other assets offer stronger, more stable long-term appreciation than Bitcoin as a store of value. He also highlights that, when factoring in 10% USD inflation in 2025, the real Bitcoin high was $106,000 in December 2024, not the $124,000 peak. Despite these doubts, he reaffirms Bitcoin’s core utility as an uncensorable means of exchange. Traders should consider its transaction role against competing asset performance when allocating store-of-value positions.

Dogecoin whales have been offloading large stakes following a 24% price drop from July 21’s $0.28 peak. On-chain data reveal a 900 million DOGE transfer to Binance, while futures open interest plunged from $5.35 billion to $3.24 billion and wallets holding 10 million–100 million DOGE decreased by 6%. Daily active addresses collapsed to 58 000 from July’s 674 500 high, signaling waning retail demand. Technically, DOGE has formed a bearish rising wedge; a break below $0.218 support could trigger a 45% slide toward $0.12. The RSI fall from 85 to 49 reinforces bearish momentum. Traders should watch the $0.19–$0.20 zone and the 100-day/200-day moving averages—failure to hold may lead to a test of $0.16. Overall, whale distribution, declining speculative demand, and bearish technicals point to further downside risk, suggesting caution for short-term traders despite possible long-term recovery if key support holds.

Crypto whales have acquired $456 million worth of Ether, signaling a natural rotation from Bitcoin to altcoins with higher upside potential. Data from Arkham shows nine major whale addresses accumulating ETH as investors lock profits from Bitcoin’s recent gains. Nansen analyst Nicolai Sondergaard noted that Ether benefits from strong mindshare and momentum driven by Ether treasury companies. Meanwhile, crypto analyst Willy Woo observed daily ETH inflows approaching those of Bitcoin, spurred by corporate programs like BitMine’s ETH accumulation. This shift follows a recent transaction where an $11 billion Bitcoin whale converted $2.59 billion in BTC into $2.2 billion spot Ether and $577 million in ETH perpetual positions on Hyperliquid. Nansen’s “smart money” traders also rotated into altcoins, buying Chainlink (LINK), Ethena (ENA), and Lido DAO (LDO). The growing demand for Ether suggests a bullish outlook for ETH, potentially foreshadowing an altcoin season in 2025.

An X thread by Bonk contributor Nom warns that Solana DATs (Digital Asset Treasury vehicles) could shift SOL price up to 10× faster than Ethereum DATs. He cites Solana’s smaller market cap, heavy staking that removes 63% of SOL from immediate float, and the ability of DATs to buy discounted or locked tokens outside open markets. With $2.5 billion in SOL DATs announced, Nom equates this to a $30 billion ETH raise or $91 billion BTC raise in terms of market impact. He highlights a projected 37.5 million SOL annual inflation, requiring $7.5 billion of inflows, and notes that DATs can boost inflows’ efficiency by acquiring tokens at discounts. Ongoing institutional deals—Galaxy, Jump Crypto, Pantera, Sharps Technology—plan $2.5–3 billion in Solana treasuries, positioning SOL as a strong contender for upcoming ETF and corporate investment.

QCP Capital identifies three key drivers for Bitcoin price: Federal Reserve policy shifts, NVIDIA’s upcoming earnings, and US stock market trends. First, potential changes in Fed leadership and dovish signals from recent Fed communications increase odds of rate cuts, supporting risk assets including cryptocurrencies. Second, NVIDIA’s earnings report on August 28 carries weight in the S&P 500 and will test AI-driven valuation limits amid low profitability across most AI projects. Third, Bitcoin’s growing correlation with institutional flows means a pullback in major tech stocks could trigger a synchronized dip in crypto markets. Traders should monitor Fed announcements, NVIDIA guidance and US equities to anticipate short-term Bitcoin swings and manage risk accordingly.