Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Grape, an XRPL validator operator, warns of systematic XRP price manipulation and wash trading on the ledger. Since July 12, it tracks all transfers above 10,000 XRP with a Python tool. The data shows repeated whale transfers—some exceeding 100,000 XRP—between exchange wallets like Bitget and Binance. On-ledger wash trading can distort volume-weighted XRP price indexes and inflate market caps, misleading traders and algorithmic systems. Grape plans to refine its detection to map wallet clusters and link on-ledger flows with off-ledger order book data. This effort aims to distinguish genuine settlements from manipulative strategies and highlight challenges in XRPL oversight without exchange transparency. Traders should weigh the risk of XRP price manipulation against bullish technical signals, including a recent XRP/USD breakout on Bitstamp targeting $5.38 and a rising RSI above 50.

Nasdaq-listed Thumzup Media (TZUP) raised $50M at $10 per share, netting $46.5M to fund cryptocurrency purchases, crypto mining hardware and operations. Settlement is expected on August 12 via Dominari Securities. The Los Angeles-based firm has expanded its Digital Asset Treasury to ETH, DOGE, SOL, LTC, XRP and USDC. It plans a scalable, energy-efficient mining build and has partnered with Coinbase Prime for a Bitcoin-backed credit facility offering non-dilutive capital, liquidity management and BTC volatility hedging. The move marks a strategic shift from ad-tech into crypto, though the firm faces challenges in energy costs, hardware obsolescence and regulatory scrutiny.

Bitmine has become the first company to amass over 1.2 million ETH in its corporate Ethereum treasury—worth about $4.9 billion—surpassing SharpLink Gaming’s 604,026 ETH. Since launching its Ethereum treasury on June 30, Bitmine increased holdings from 163,000 to 1.2 million ETH in a month, adding 317,000 ETH in one week as corporate FOMO mounts ahead of anticipated rate cuts. Its Ethereum treasury now represents 34% of all corporate ETH holdings and 2.9% of total ETH supply, compared with spot Ether ETFs at about 5%. Bitmine’s stock (BMNR) drew record daily trading volumes above $2.2 billion—ranking it among the top 25 most liquid US stocks—and hit $9.27 billion in a single session. The firm plans a $20 billion equity raise to acquire up to 4.5 million additional ETH (over 5% of supply) and is exploring staking its treasury for yield. Meanwhile, SharpLink Gaming launched a $400 million direct offering to expand its 604,026 ETH reserves. These moves underscore growing corporate confidence in ETH as a strategic asset.

MetaMask has revealed plans to launch mUSD, a USD-pegged stablecoin, on Ethereum by month-end. The project follows a leaked governance proposal and will be issued via the M^0 issuance protocol. MetaMask has partnered with Bridge—now part of Stripe—for stablecoin payments and with Blackstone for custody and treasury management. Integrated natively into MetaMask’s wallet, the mUSD stablecoin aims to lower fees, simplify transfers and boost on-ramp liquidity for DeFi users. With over 30 million monthly users, MetaMask plans to capture yield from short-term U.S. Treasuries backing mUSD, reducing reliance on USDT and USDC. However, the new token faces regulatory scrutiny and stiff competition. Success depends on technical stability, security and distinct value propositions to stand out in the crowded stablecoin market.

Standard Chartered has lifted its 2025 year-end Ethereum price forecast from $4,000 to $7,500, citing robust institutional demand. Corporate treasuries and spot ETFs have absorbed 3.8% of circulating ETH since June—nearly double Bitcoin’s 2021 inflow pace. This surge underpins the revised Ethereum price forecast. Policy headwinds have turned tailwinds with the U.S. GENIUS Act establishing a stablecoin framework. Over $131 billion of USDT and USDC on Ethereum are expected to expand to $2 trillion by 2028. Standard Chartered forecasts stablecoin issuance to grow eightfold by 2028, boosting Ethereum transaction fee revenue. On-chain and derivatives indicators support the bullish outlook. Ethereum broke out of a falling wedge at $4,662.50, signaling potential upside to $5,470. ETH perpetual futures on Kraken hit record open interest with moderate funding rates, suggesting disciplined leverage. Technological upgrades also bolster network capacity. Standard Chartered highlights the need for Layer 1 scaling for high-value finance and sees transaction volumes shifting to Layer 2 solutions like Base and Arbitrum. Looking further ahead, the bank projects Ethereum climbing to $12,000 by late 2026, $18,000 in 2027, and $25,000 by 2028–29.

Bank Negara Malaysia (BNM) has published a working paper examining private digital tokens, notably XRP and Bitcoin, as potential substitutes or supplements for traditional banking deposits and currency in circulation. The report highlights XRP’s near-instant settlement and low transaction costs as a competitive alternative for cross-border and everyday payments, while Bitcoin’s decentralisation and volatility may enable its role as a digital store of value. BNM emphasises challenges to adoption, including regulatory clarity, compliance with monetary policy, consumer protection, liquidity pool requirements, scalability without centralised intermediaries, and robust infrastructure for high transaction volumes. The paper also explores pilot programmes, interoperability with potential central bank digital currencies (CBDCs), and frameworks compliant with Islamic finance principles. Despite risks of disintermediation, price volatility, and infrastructure constraints, BNM’s analysis signals institutional optimism about private cryptocurrencies’ transformative potential in Malaysia’s payment landscape. Traders should monitor regulatory developments, XRP and Bitcoin adoption metrics, and liquidity initiatives for insights into market dynamics and trading opportunities.

BitMine Immersion Technologies has filed with the U.S. SEC to raise its at-the-market (ATM) share sale limit from $4.5 billion to $24.5 billion. This marks the third expansion since July, after initial $2 billion and $4.5 billion authorizations. The company will use the new funds primarily to purchase additional Ethereum (ETH) and invest in Bitcoin (BTC), alongside plans to grow its crypto mining and consulting operations. BitMine currently holds over 1.15 million ETH, making it the largest corporate Ethereum treasury. Fundstrat chairman Tom Lee anticipates further institutional support and regulatory clarity will fuel an ‘Ethereum MicroStrategy’ era, potentially driving ETH prices above $30,000. At press time, ETH trades near $4,700, reflecting strong market momentum and growing whale activity.

An FTX data leak has exposed the names and email addresses of creditors just weeks before a planned $1.9 billion payout. The breach, discovered after a court ordered a reduction in the disputed claims reserve from $6.5 billion to $4.3 billion, follows earlier distributions of $1.2 billion and $5 billion in 2025. Activist Sunil Kavuri warns that phishing scams are exploiting the FTX data leak. Fraudulent emails claim to confirm identity verifications and direct recipients to malicious links. Creditors in excluded jurisdictions, including China, remain barred until approvals are finalized. Traders and claimants should avoid phishing risks. They must access only official portals—claims.ftx.com, kraken.com, bitgo.com and digitalmarketsclaim.pwc.com—and verify sender addresses. The incident underscores the importance of email security and data protection in crypto trading.

Grayscale has registered two new Delaware statutory trusts—the Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF—on August 12, marking its first steps toward spot altcoin ETF applications for ADA and HBAR. The filings follow SEC acknowledgments of 19b-4 proposals by NYSE Arca and Nasdaq and build on regulatory clarity from in-kind redemptions for BTC and ETH ETFs under Project Crypto. Formal S-1 submissions and SEC reviews could lead to spot altcoin ETF approvals in early 2026, boosting institutional demand, liquidity, and brokerage access for ADA and HBAR. Traders should monitor SEC updates, S-1 filings, and fund launches for Cardano ETF and Hedera ETF news, preparing for increased volatility and potential long-term price uptrends.

Galaxy Digital CEO Mike Novogratz says XRP and Cardano owe their resilience to a strong crypto community and targeted marketing. He noted that XRP’s brand awareness stems from ICO revenue and periodic token sales. Cardano thrives on an active user base and project leadership. Novogratz praised Ripple CEO Brad Garlinghouse and lawyer John Deaton for uniting the XRP community during the SEC litigation. He compared crypto fanbases to those of Tesla and Palantir. He emphasized that a dedicated crypto community can add investment value and drive long-term market resilience. Novogratz urged Bitcoin advocates to maintain its established digital gold narrative and let projects like Ethereum and Celestia craft unique messages.

On August 13, Sign Foundation completed its first $12 million SIGN token buyback, spending $8 million on the open market and $4 million through private transactions to acquire 117 million SIGN. Transaction records show purchases of 86.88 million SIGN on Binance at $0.0688 and 30.35 million SIGN on Bitget at $0.06778. This SIGN token buyback demonstrated confidence in the project’s long-term fundamentals and aims to bolster its token economy for corporate partnerships, exchange listings, and ecosystem growth. Following the buyback announcement, SIGN surged from $0.06904 to $0.07682—an 11% gain—and then peaked at $0.088 before settling at $0.0747, while 24-hour trading volume jumped over 400%. Traders should monitor trading volume, support levels, on-chain metrics, and order book depth to assess sustained strength and potential entry points. Although the immediate effect of the SIGN token buyback was bullish, long-term sentiment will depend on additional buybacks or fresh catalysts.

Treasury Secretary Scott Bessent has called for a 50bps Fed rate cut in September after revised data showed 258,000 job cuts in May and June and July inflation rose 2.7% year on year. He argued that earlier rate cuts could have occurred in June or July if initial figures had been accurate. This push for a Fed rate cut has lifted risk assets, with Ethereum climbing to multi-year highs and Bitcoin rallying on speculations of an altcoin season. Options data reveal traders are buying downside protection ahead of potential cuts in Q3. President Trump’s Fed board nominee, Stephen Miran, could add weight to a rate cut if confirmed before September. Crypto traders should track upcoming jobs reports and inflation data to gauge Fed policy and its impact on market liquidity.

On August 13, Whale Alert revealed that Circle’s USDC Treasury minted 250 million USDC, reflecting a $250 million fiat deposit. This stablecoin minting surge highlights strong demand from institutional investors, DeFi protocols and large traders seeking efficient liquidity solutions amid crypto market volatility. The fresh USDC supply enhances market liquidity, enabling seamless capital flows between digital assets and supporting DeFi strategies, yield farming and arbitrage trading. Public on-chain records reinforce transparency and confidence in USDC’s 1:1 dollar peg, while such significant minting events often signal potential bullish momentum in trading volumes.

Canary Trump Coin ETF registered as a corporate entity in Delaware, marking the first legal step toward its launch. Although the fund still needs SEC approval before trading, this filing underscores Canary’s plan to provide a regulated ETF for Trump Coin investors. Traders should monitor upcoming regulatory filings and the SEC review timeline, as approval could introduce a new vehicle for crypto ETF investments and spark volatility in Trump Coin’s price. Until formal listing begins, impact remains limited, but successful approval may attract broader institutional demand.

Binance will delist three spot trading pairs—ANIME/FDUSD, HYPER/FDUSD and STO/BNB—on August 15 at 11:00 UTC. Traders should cancel or update spot trading bots and adjust positions before the removal. The exchange noted that the tokens remain tradable via alternative markets and can be withdrawn after delisting. Despite low trading volumes, ANIME jumped 16% on the delisting announcement, while HYPER and STO recorded modest gains amid a broader altcoin rally. Binance also launched new AIO/USDT and XNY/USDT perpetual contracts with up to 50x leverage. AIO surged nearly 50% after listing, while XNY fell 20% in 24 hours. Earlier this month, Binance introduced a zero-fee trading promotion for VIP users on BNB/USDC, ADA/USDC, TRX/USDC and XRP/USD pairs through October 11. These initiatives reflect Binance’s periodic liquidity review of spot pairs and its strategy to expand perpetual contracts. Traders should monitor spot pairs liquidity and volatility alongside futures market movements.

Dogecoin jumped 7% to $0.24 this week after a clear bull flag breakout on daily charts. Sustained whale accumulation of over 1 billion DOGE fueled institutional demand and pushed volume higher. A golden cross formed as the 50-day moving average climbed above the 200-day average, underlining further upside potential toward $0.30. Technical analysis shows strong support at $0.24 after repeated retests, while the monthly RSI sits near its lower bound, suggesting untapped bullish momentum. Historical golden cross signals in late 2023 and 2024 led to 25% and 130% gains within four weeks. Traders now watch for a confirmed break above $0.25 to unlock targets between $0.27 and $0.30, with DOGE/BTC pair flows and volume spikes key to sustaining the rally.

Crypto futures liquidations have surged to $569 million in the past 24 hours, up from $343 million reported earlier, with long positions accounting for $401 million and shorts at $168 million. Bitcoin (BTC) experienced $88.8 million in forced liquidations, while Ethereum (ETH) led with $273 million. This spike underscores elevated market volatility and the risks of leveraged positions unwinding. Traders should closely monitor open interest, funding rates and leverage ratios to anticipate further liquidation cascades. Historically, large-scale liquidations can signal trend reversals and suggest short-term bearish momentum as selling pressure mounts on leveraged longs.

Ethereum price has rallied through the $4,000 and $4,200 barriers to reach $4,500, driven by record ETF inflows, institutional buying and whale accumulation. In July, net ETF inflows surpassed the total from all prior months, fueling a 200% rally over four months and pushing ETH within 15% of its all-time high. Technical analysis shows Ethereum trading in an ascending channel on the 4-hour chart with higher highs and higher lows, indicating sustained buying pressure. On-chain data reveals minimal liquidity obstacles above $4,500, opening a clear path to the $4,800–$5,000 range upon a decisive breakout. Key support levels lie at $4,200 and the daily trendline near $4,000, while downside liquidity clusters around $3,600 could trigger deeper pullbacks if broken. Traders should monitor ETF net flows, on-chain whale activity, and resistance at historic highs for potential entry and exit points.

Analyst YashasEdu forecasts that Ethereum price could climb to between $5,376 and $8,656 if Bitcoin price reaches $150,000, based on historical market cap ratios (21.7%–35%) from past bull cycles. At a 35% ratio, ETH could hit $8,656, while a conservative 21.7% ratio implies $5,376. This price outlook is bolstered by Ethereum’s total value locked (TVL) surpassing $90 billion and record spot ETH ETF inflows of $1.01 billion in a single day. Major analysts like Tom Lee and Arthur Hayes predict Bitcoin may rally to $180,000–$250,000 by year-end, further supporting ETH upside. Despite potential macro-driven corrections next year, low on-chain risk signals and growing institutional demand, including BitMine Immersion’s $20 billion purchase plan, suggest sustained bullish momentum. Currently trading near $4,630, Ethereum price sits just below its all-time high of $4,878, indicating more room for upside before consolidation.

Market expert Versan Aljarrah of Black Swan Capitalist forecasts that XRP’s price must reach at least $1,000 to serve as the primary bridge asset in a tokenized global finance ecosystem. He highlights XRP’s high throughput, fast settlement speeds and low transaction fees, which suit it for cross-border settlements, real-time FX operations and tokenized asset transfers. Aljarrah argues that deep liquidity for institutional flows, central bank adoption and trillion-dollar transfers requires a price floor in the hundreds or thousands. XRP’s fixed 100 billion token supply and built-in burn mechanism could shrink circulating supply as demand grows, applying upward pressure on valuation. Other proponents, including crypto founder Jake Claver and Ripple CTO David Schwartz, project even higher targets of up to $10,000 per token to unlock theoretical liquidity exceeding $500 trillion. Critics counter that such valuations imply a market cap surpassing total global wealth. Nevertheless, historical gains of over 122,000% underscore XRP’s capacity for extreme reversals, and Aljarrah believes another 31,150% surge is feasible if adoption accelerates. Traders should note XRP’s tokenomics and growing demand may drive sustained bullish momentum, making the $1,000 level a new floor rather than a peak in the long term.

Ethereum extended its rally from sub-$2,500 in July to a peak of $4,720 on August 13 after breaking the $4,060–$4,300 resistance zone. Robust US spot ETF inflows—peaking at $726.6 million in a single day—combined with record on-chain activity and rising staking participation to drive the surge, attracting major investors such as Ark Invest and Fundamental Global. CryptoQuant data shows the all-exchange Estimated Leverage Ratio at 0.68, near historical highs, while Binance netflows point to potential sell pressure from liquidations and arbitrage. Over $250 million in short positions were liquidated within 24 hours, underlining heightened volatility and liquidation risk. Nonetheless, continued institutional accumulation and upcoming network upgrades Pectra and Fusaka, which promise improved scalability and lower fees, support a broader bullish outlook for Ethereum.

Ozak AI, an Ethereum-based DeFi protocol offering decentralized AI analytics and predictive models, has launched Phase 4 of its presale at $0.005 per $OZ token, raising over $1.8 million and selling more than 121 million tokens to date. The project, which holds a Certik audit and is listed on CoinMarketCap and CoinGecko, aims for a $1 token price by end-2025, projecting up to 39,900% ROI. Robust tokenomics unlock 10% supply at token generation and vest the remainder over six months to curb large sell-offs. Strategic partnerships with Weblume and SINT enable automated trading, smart contract deployment and low-code dashboards, while cross-chain capabilities, decentralized governance and AI-driven arbitrage tools position Ozak AI for growth ahead of Ethereum’s bull run. Traders can capitalize on the presale price and the protocol’s real-time predictive analytics across crypto, equities and forex markets.

Japanese financial firm Metaplanet delivered Q2 2025 revenue of $8.4 million, up 41% quarter-on-quarter, driven by its strategic Bitcoin reserves. Gross profit reached $5.5 million, ordinary profit $117.8 million, and net income $75.1 million. Total assets climbed to $1.61 billion, with net assets of $1.36 billion. Metaplanet holds 18,113 BTC at an average cost of $101,911, generating a 468.1% YTD return on Bitcoin. The group acquired 518 BTC at $118,519 each, boosting unrealized gains to $317.8 million. Under its “555 Plan,” Metaplanet aims to hold 210,000 BTC by 2027. It will also launch “Metaplanet Prefs” to merge traditional finance with digital assets. Since expanding its crypto treasury, the stock has rallied 177% YTD, closing at ¥975. This performance cements Metaplanet’s position as Asia’s top corporate Bitcoin holder and underscores Bitcoin’s role as a reserve asset.

BitGo has been appointed to custody assets for Kazakhstan’s first spot Bitcoin ETF, the Fonte Bitcoin Exchange Traded Fund (BETF), on the Astana International Exchange (AIX) under the Astana International Financial Centre (AIFC) framework. Managed by Fonte Capital, the ETF offers retail and institutional investors indirect Bitcoin exposure, with physical BTC securely held in BitGo’s US‐regulated cold wallets. This launch marks BitGo’s debut in Central Asia, building on its custody services for US spot Bitcoin ETF issuers like ARK Invest and 21Shares. The partnership boosts fund credibility and investor confidence but also underscores infrastructure centralization and reliance on a single global custodian. Experts call for local custody solutions to enhance financial sovereignty. With AIX handling about $130 million in monthly trades, the spot Bitcoin ETF fills a gap in a key mining jurisdiction. Traders should watch fund flows and custody developments, as the ETF launch may increase BTC liquidity and influence short-term price momentum and long-term adoption.

Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major AMM exploit on August 13, 2025. Attackers injected a bogus SATOSHI token alongside BTC into the platform’s liquidity pools to artificially inflate prices. They then drained 58.2 BTC (≈$7M), reducing reserves from 291 to 232.8 BTC within two hours. PeckShield first detected the breach, and co-founder Bob Bodily confirmed the AMM vulnerability. Odin.fun has since frozen suspect accounts, secured remaining funds, and engaged U.S. and Chinese authorities, OKX, and Binance to trace the hacker. The platform plans a full security audit within a week. Odin.fun will offer user compensation, although its treasury may not fully cover all losses. The incident highlights the risk of shallow liquidity pools and AMM vulnerabilities in DeFi.

Chainlink has broken free from a four-year symmetrical triangle pattern. It initially surged 8.7% to $20.90, triggering Fibonacci extension targets at $31.87, $52.30 and $86.15 by early 2027. Momentum then accelerated with a 9% weekly breakout above the $24 descending trendline. The pattern’s measured move points to a rally toward $350, a roughly 1,398% gain over 294 days. Volume analysis shows lower volume on pullbacks and spikes on advances, signaling accumulation. On-chain flows confirm significant net outflows during build-up and easing inflows during the price rally. The RSI stands near 65–70, nearing overbought levels, while the MACD has crossed bullishly with expanding green bars. Seasonal October–December strength may align with this upswing. Traders should watch key support at $21 and look for volume-backed moves to validate the breakout or warn of a reversal.

VivoPower has appointed Crypto.com Custody as its institutional partner to bolster its XRP treasury strategy. Through Crypto.com Custody’s multi-jurisdictional solution, VivoPower will secure storage and liquidity for a planned $100 million XRP purchase via BitGo. Additionally, Crypto.com’s broker-dealer platform will list VivoPower shares (VVPR), granting access to over 150 million users and expanding retail and institutional participation. The partnership also extends support to VivoPower’s Caret digital mining unit. Building on this, VivoPower plans to leverage Flare’s upcoming XRP restaking feature for additional DeFi yield. The deal cements Crypto.com Custody’s role as a leading institutional custodian and drives VivoPower’s transformation into a digital asset enterprise.

Traders are eyeing a new wave of meme coins for 2025, led by Troller Cat (TCAT), which offers a projected 312% ROI on listing, a 69% staking APY and deflationary tokenomics powered by monthly buybacks and burns. August presale entrants such as SPX6900 (SPX) leverage viral momentum and active wallet growth ahead of a CEX listing, while Cat in a Dog’s World (MEW) flips dog-coin trends with feline branding, transaction burns and influencer-backed liquidity injections. Comedian (BAN) integrates humor utility via meme contests, comedy livestreams and NFT joke drops tied to festival partnerships, and SLERF (SLERF) appeals with irreverent branding, mystery burns and community giveaways. Other notable altcoin trading picks for 2025 include SNEK on Cardano for low fees and DAO governance; GIGACHAD’s scarcity-driven NFT governance passes; ANDY’s gamified leaderboards; COQ’s meme farming and charity burns; BONE’s dual utility in ShibaSwap; DOGINME’s unpredictable airdrops and burns; and Ponke’s punk-inspired NFT perks. Traders should assess crypto presale stages, tokenomics, project audits, and staking APY to navigate this high-risk, high-reward sector effectively.

Cardano (ADA) surged nearly 20% over the past week, including a 12% jump in the last 24 hours, driven by the Midnight airdrop, which began on August 5, 2025. The airdrop will distribute 24 billion NIGHT tokens across multiple chains, with ADA holders eligible for half the supply. This catalyst has improved the Cardano price forecast as traders anticipate increased demand. Prediction markets now assign an 85% chance to a Cardano ETF approval in 2025—up from 69% last week—potentially unlocking institutional capital and raising ADA’s profile. On-chain data reveals whales have accumulated approximately 200 million ADA, boosting large-holder stakes to over 10% of the total supply. Technically, ADA has reclaimed the $0.81 level as support and trades above its 10-, 20-, 50-, and 200-day EMAs following a descending triangle breakout, further reinforcing bullish momentum. DeepSeek analysts forecast ADA could reach $3 in the coming months, citing ETF approval odds and strong on-chain activity. Meanwhile, Bitcoin Hyper (HYPER), a presale Layer 2 solution integrating the Solana Virtual Machine and a decentralized canonical bridge on Bitcoin, has raised over $9 million. HYPER offers Solana-like speed, low fees, and programmability to Bitcoin, positioning it for potential 2400% gains. Traders should watch the Cardano ETF approval progress, Midnight airdrop claims, and ADA’s key technical levels for short-term moves. In the long term, institutional flows and whale accumulation could underpin sustained growth. Also, monitor Bitcoin Hyper’s presale momentum as a high-risk, high-reward altcoin opportunity. For actionable trading strategies, update the Cardano price forecast as ETF and airdrop developments unfold.