Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

SpaceX has amassed 8,285 BTC since January 2021, pushing its Bitcoin holdings past $1 billion when the price hit a record high on August 13. This places SpaceX alongside Tesla, which holds 11,509 BTC (approximately $1.42 billion). The move underscores a broader wave of institutional Bitcoin adoption, as corporations seek to diversify treasuries, hedge against inflation, and store value. Large-scale holdings by SpaceX and Tesla enhance market liquidity, support price stability, and lend legitimacy to the crypto sector. For traders, ongoing corporate demand could tighten supply and sustain upward pressure on Bitcoin prices, offering opportunities for both short-term trading and long-term investment strategies.

XRP rallied over 3% to $3.33 after Ripple and the U.S. Securities and Exchange Commission jointly withdrew all legal appeals, ending a multi-year lawsuit and removing a key regulatory overhang. Trading volume spiked above 217 million, driven by heavy institutional buying that built momentum above the critical $3.27 resistance level. Technical indicators show firm support at $3.20–$3.22 and new resistance near $3.33–$3.34, with chart patterns forming a bull flag suggesting potential short-term breakouts toward $3.65. Analysts compare this breakout to XRP’s 2017 rally and forecast targets between $6 and $8 if buying pressure continues. Further upside may come from SBI Holdings’ proposed Bitcoin–XRP ETF and pending ETF approval timelines in Japan, alongside possible U.S. filings. Traders should monitor institutional flows and watch whether the $3.33 support holds to confirm a sustained bullish trend. The legal resolution also paves the way for greater institutional participation in U.S. crypto markets, potentially boosting XRP demand and price momentum.

Two Coinbase developers, Kevin Leffew and Lincoln Murr, have revived the dormant HTTP 402 web standard alongside Ethereum Improvement Proposal 3009 (EIP-3009) to enable on-chain stablecoin payments by autonomous AI agents. Their x402 payments protocol allows AI agents to autonomously request, sign and complete ETH-based stablecoin payments for services such as self-driving vehicles, content-generation tools and trading bots. Early implementations by Hyperbolic Labs and Prodia Labs integrate HTTP 402 with large language models and AI-driven image/video generation. The solution leverages Ethereum’s programmable settlement layer, trustless transactions and atomic payments to streamline invoicing and dispute resolution, potentially positioning AI agents as major users and energy consumers on the network.

XRP price jumped over 10% on the hourly chart, breaking above the bearish trend line at $3.288 and key resistance levels at $3.20 and the 100-hour Simple Moving Average. The token formed a base around $3.15 before reaching an intraday high near $3.38, signaling strong bullish momentum. XRP price’s immediate resistance lies at $3.40 and $3.45, with a key barrier at $3.50. On the downside, support zones are at $3.30, $3.25 (50% Fib level), $3.20 (61.8% retracement) and $3.15, followed by a critical floor at $3.00. Technical indicators reinforce the positive outlook: the hourly MACD is in bullish territory and the RSI holds above 50. Traders will watch these resistance levels and support zones to gauge potential continuation or pullback. A sustained move above $3.42–$3.45 could unlock further gains toward $3.62 and $3.75, offering entry points for momentum strategies. Conversely, a drop below $3.25 might prompt short-term consolidation.

US federal debt has reached a record $37 trillion after President Trump signed the One Big Beautiful Bill Act on July 4. The surge in US debt and expectations of quantitative easing have raised forecasts for M2 money supply growth. Since 2020, US debt has climbed 38% from $26.7 trillion to $37 trillion, coinciding with a 925% increase in the Bitcoin price. Bitget chief analyst Ryan Lee links US debt expansion directly to Bitcoin price gains, arguing that swelling deficits will force liquidity measures that underpin asset rallies. Real Vision analyst Jamie Coutts projects that continued M2 money supply growth could lift Bitcoin to $132,000 by late 2025. Meanwhile, BitMEX co-founder Arthur Hayes warns that a renewed quantitative easing programme might drive Bitcoin as high as $250,000. Elon Musk adds that the new spending legislation could add $2.5 trillion to the US deficit. Increased money printing and rising inflation concerns may reinforce Bitcoin’s appeal as a scarce digital asset. Traders should watch US debt trends, Fed policy and M2 money supply data closely, as these macro factors remain key drivers of Bitcoin’s price outlook.

Dafa Electric (6184), a Taiwan-listed cable TV operator, has added Bitcoin reserves to its long-term holdings. The board approved allocating BTC as a hedge against inflation and rate volatility. A Digital Asset Committee, led by Director Dai Yonghui, will manage risk, compliance, cybersecurity and disclosure. The company will segregate BTC from operating funds to protect core services. On August 14, Dafa’s shares surged to the daily limit at NT$56.1, signaling strong market response. While purchase details remain undisclosed, analysts say this move echoes MicroStrategy’s strategy and could spark a wider corporate trend in Taiwan. More firms may follow, expanding Bitcoin reserves and diversifying treasuries. As accounting and tax guidelines evolve, corporate crypto adoption is set to accelerate.

In August 2025, Ethereum core developer Zak Cole installed a malicious AI plugin “contractshark.solidity-lang” from the Open VSX marketplace. The plugin scanned his project directory, extracted private keys from a .env file, and sent them to an attacker’s server. Within three days, his hot wallet was fully drained, costing him only a few hundred dollars thanks to segregated hardware funds. This incident highlights a rising threat to crypto wallet security: malicious AI plugins. Attackers exploit lax review processes to fake downloads and ratings, then use malicious AI plugins to steal keys and execute remote code. To protect assets, traders and developers should install extensions only from official sources, verify GitHub links and genuine user reviews, develop in isolated VMs, and store private keys in encrypted vaults. They must also separate hot and cold wallets, avoid entering mnemonics into untrusted software, and adopt a zero-trust security mindset.

Crypto influencers are reshaping early-stage investing by opening transparent access to venture funding on social platforms. They share on-chain portfolios, tokenomics analysis, and research via X, YouTube, Discord, and Telegram. This approach challenges traditional venture capital, which limits deals to accredited investors under NDAs. By crowdsourcing due diligence, community members audit smart contracts, verify claims, and expose emerging DeFi projects. Real-time transparency enforces accountability: inaccurate recommendations can harm an influencer’s reputation immediately. As tokenized assets proliferate, crypto influencers democratize funding, lower entry barriers, and empower retail traders with shared analysis. While due diligence remains essential, the rise of influencer-led investing is likely to drive demand and impact market dynamics. Traders should monitor influencer-driven token picks and community sentiment for trading signals in this evolving ecosystem.

Whale trader AguilaTrades suffered $1.85M in losses on Hyperliquid after six 25× leveraged ETH trades within eight hours. One short position lost $696K, cutting open positions to $386K. He now holds a 25× long of 21,050 ETH (about $99.9M) opened at $4,750.06. High-leverage trading on Hyperliquid can magnify gains and losses. A 4% price swing risks full liquidation. These incidents highlight extreme crypto volatility and the importance of risk management. Traders should use stop-loss orders and disciplined position sizing to preserve capital. Despite over $11.3M in prior short trade profits, even whales face setbacks in volatile markets.

Norway’s sovereign wealth fund has raised its indirect Bitcoin exposure by 192% year-on-year. The fund now holds 7,161 BTC through stakes in Strategy, Metaplanet and Coinbase. Its position in Strategy climbed 133% to NOK 11.9 billion, while Coinbase holdings grew 96% since 2024. Under regulatory limits on direct crypto acquisitions, the sovereign wealth fund uses crypto proxies such as ETFs and corporate bonds to gain Bitcoin exposure. Similar institutional moves include Wisconsin’s pension board doubling its Bitcoin ETF position to $321 million and Kazakhstan planning to convert reserves into crypto. This rising institutional adoption of Bitcoin via proxy channels could enhance market liquidity. It may support bullish momentum in the short term and strengthen long-term price stability, presenting new considerations for crypto traders.

Metaplanet shares surged 190% year-to-date in 2025, far outpacing the TOPIX Core30’s 7.2% gain, driven by its aggressive Bitcoin treasury strategy. The Tokyo-listed firm, rebranded in late 2024 to focus on Bitcoin accumulation, has spent over $100 million on BTC this August alone, including $53.7 million for 463 BTC on August 4 and another $61.4 million shortly after. Its shareholder base has swelled by 350% to over 180,000 investors. Metaplanet plans to raise $3.7 billion through an equity offering to acquire 210,000 BTC—1% of circulating Bitcoin supply—by 2027. As the only Japanese public company offering regulated Bitcoin exposure, its performance has outpaced major Core30 members such as Mitsubishi, Nintendo and SoftBank. This bold accumulation underscores investor confidence and may reshape market dynamics for corporate crypto treasuries.

Bain Capital Ventures has transferred 349,000 COMP tokens (around $18.85 million) from its institutional wallet to a trading platform, with 87,250 COMP already deposited on Binance, OKX, Bybit and Gate.io. This large COMP token sale by a major investor could flood exchange order books and trigger short-term selling pressure. Institutional sales often reflect informed market views and may signal a shift in sentiment, so traders should monitor COMP trading volume and price action closely. COMP is the governance token of the Compound DeFi lending protocol, granting holders voting rights on proposals. While the sale may increase volatility and put downward pressure on COMP token prices in the near term, Compound’s long-term outlook depends on its fundamentals and community support.

Google Trends shows altcoin searches at two-year highs. Over 31 spot altcoin ETF applications hit US regulators in H1 2025, led by SUI ETF proposals from Canary Capital and 21Shares. Bloomberg Intelligence puts approval odds at 95% for SOL, XRP and LTC ETFs, and 90% for DOGE, ADA, DOT, HBAR and AVAX. Corporate treasuries are diversifying beyond Bitcoin. Metaplanet, BitMine and SharpLink hold billions in ETH, staking for yield. Upexi and DeFi Development Corp. each stake over 1 million SOL. Chainlink’s new Reserve mechanism converts fees into LINK. Price action underscores this momentum: ETH is up 30% over a week and 78% YTD, while XRP, SOL, SUI and LINK have risen 10–43%. Traders should watch altcoin ETF approval odds and institutional treasury allocations for impacts on liquidity and market direction.

Galaxy Digital made a $125 million USDC deposit on the Hyperliquid platform over two days to fuel its DeFi trading strategy. The USDC deposit funded spot purchases of ETH, HYPE, BTC, PUMP and FARTCOIN, while hedging with shorts in BTC, ETH, DOGE, PUMP and FARTCOIN. As a liquidity provider, Galaxy Digital gains reduced slippage and deeper market depth, reflecting growing institutional adoption of DeFi protocols and arbitrage potential. Traders should watch for similar USDC deposits, as they often trigger volume spikes, increased volatility and trend shifts in crypto markets.

Standard Chartered’s latest research predicts the Ethereum price could reach $25,000 by late 2028 on robust network upgrades and an eightfold stablecoin market expansion. Key drivers include the shift to proof-of-stake, the EIP-1559 fee-burn mechanism reducing net supply, and upcoming layer-2 scaling solutions. The report underscores that growing the stablecoin cap from $150 billion to over $1 trillion—led by USDT and USDC—will fuel DeFi activity, elevate ETH as the primary settlement layer, and increase on-chain transactions, network fees and staking yields. Additional catalysts include growing institutional adoption, broader DeFi and NFT market growth, and potential regulatory clarity. While short-term volatility may persist amid macroeconomic headwinds, the long-term Ethereum price prediction remains bullish on sustained stablecoin-driven capital inflows and ongoing blockchain infrastructure evolution.

An on-chain whale first deposited 5.09 million USDC into HyperLiquid to buy 114,545 HYPE tokens at $44.48, netting over $640,000 profit. Following this, the same whale placed an 8 million USDC deposit to acquire 166,820 HYPE tokens at $47.14, having realized $7.85 million profit trading HYPE. This renewed whale accumulation highlights growing institutional interest in the HYPE token. Traders should monitor HYPE token price action, whale wallet activity, and HyperLiquid order book depth for potential momentum shifts and breakout opportunities.

Bitcoin price surged past $124,000 on Binance USDT, extending from the earlier milestone above $122,000. Strong institutional buying, positive market sentiment, and technical breakouts above key resistance levels powered the rally. Macro uncertainty and the upcoming halving cycle also supported trader interest. The fixed supply narrative further amplified buying pressure. This robust BTC rally often triggers gains across altcoins, boosting broader crypto market sentiment. Traders should note Bitcoin’s inherent volatility and employ risk management strategies, including stop-loss orders, portfolio diversification, and defined investment horizons. With momentum high, market analysts will watch support and resistance levels for consolidation or pullback signals. The Bitcoin price surge strengthens Bitcoin’s store-of-value appeal and may attract more institutional and retail capital.

The SEC has formally acknowledged the Invesco Galaxy Spot SOL ETF filing, submitted via Cboe BZX’s Form 19b-4, initiating the public comment period alongside eight other Spot SOL ETF proposals. The fund, designed to track Solana’s (SOL) spot price, features a staking provision to boost investor yields. Analysts cite strong regulatory momentum under SEC Chair Paul Atkins and existing CME-listed Solana futures as factors likely supporting approval by October. Ongoing debates over Solana’s status as a commodity or security may affect the SEC review timeline. If approved, the Spot SOL ETF could enhance SOL liquidity and investor demand. Traders should watch for SEC comments, potential delays and shifts in trading volume as the review progresses.

Blockchain tracker Whale Alert flagged two major Ethereum whale transfers from Coinbase Institutional wallets to unknown addresses. On August 10, 52,809 ETH (~$220M) moved off-exchange. Later, 60,000 ETH (~$284M) followed, totaling 112,809 ETH (~$504M). These off-market transactions often signal institutional strategies like OTC trades, off-exchange custody or DeFi staking. Such ETH whale transfers indicate a long-term bullish stance. The unlabelled destinations suggest private investors or new custodians. Traders should monitor on-chain transactions for future flows. Significant cold wallet outflows can reduce immediate sell pressure and support bullish market sentiment.

Bitcoin reached a new record high of $123,700 on the OKX exchange after climbing above $123,600 earlier in the week. BTC’s price rose by around 2.9% in a single day, reflecting growing institutional interest and strong bullish sentiment in the crypto market. Trading volumes on major exchanges have surged as investors pile in, while traders monitor key resistance levels, order book dynamics and market indicators for potential retracements. This upward momentum could drive further short-term gains and support a longer-term uptrend for Bitcoin.

Coinbase has added Useless Coin (USELESS) to its listing roadmap, indicating the token has passed initial criteria and entered deeper due diligence. Inclusion on the Coinbase listing roadmap often drives liquidity and price volatility. Although no listing date is set, this move signals bullish sentiment for Useless Coin. Traders should monitor Coinbase roadmap updates, compliance milestones, and technical integration to identify early trading opportunities and manage risk.

Ethereum (ETH) is trading near its November 2021 all-time high of $4,891, currently around $4,625 as record spot Ethereum ETF inflows and institutional demand tighten supply. Spot ETF products saw over $2 billion in inflows last week, including $1.54 billion in two days, boosting BlackRock’s ETHA to $10.5 billion AUM. Corporate buyers such as BitMine Immersion and SharpLink have outlined plans to acquire up to $24.5 billion and $389 million of ETH, respectively. On-chain metrics support the rally: daily transactions exceed 1.7 million, 29.5% of ETH supply is staked, total value locked tops $90 billion, and derivatives open interest stands at $12.1 billion. Analysts set price targets from $5,241 based on MVRV to above $8,500 if Bitcoin (BTC) climbs to $150,000. Technical indicators show a bull flag pattern, with resistance at $4,891 and a key breakout level at $4,750. Other major altcoins like SOL, ADA and LINK lag behind, underscoring an “Ethereum season.” Traders should monitor ETF flow trends, staking metrics, volume and macro factors such as Fed policy and dollar strength.

Robert Kiyosaki warns of an imminent market crash, comparing its potential impact to the 2008 financial crisis. He warns traders that a swift market crash could erode retirement assets. He urges investors—especially Baby Boomers—to diversify beyond stocks and bonds by securing safe-haven assets like Bitcoin, gold and silver. Kiyosaki highlights Bitcoin as an inflation hedge and protection against central bank policies and fiat devaluation. Gold offers a proven store of value, while silver combines affordability with industrial demand. He also cautions against overreliance on savings accounts and mutual funds. Early diversification can shield retirement portfolios from market volatility and preserve wealth when the crash hits.

Tokyo-based Metaplanet and London-listed Smarter Web boosted their Bitcoin reserves by adding a combined 813 BTC in $100 million of corporate purchases. Metaplanet acquired 518 BTC for $61.4 million at an average of $118,519, lifting its reserves to 18,113 BTC—the sixth-largest among public companies. Smarter Web added 295 BTC via a £26.3 million ($35.2 million) purchase at $119,412 each, bringing its treasury to 2,395 BTC. Both firms used innovative financing—perpetual preferred shares, equity and Bitcoin-denominated bonds—and reported BTC Yield metrics of 26.5% and 55.1% to gauge Bitcoin reserves relative to shares outstanding. These corporate Bitcoin purchases come as Bitcoin trades near $120,400, just 2% below its all-time high, highlighting growing institutional demand and a bullish outlook for traders.

Google Trends data show global searches for “altcoin” at a five-year high, as Bitcoin’s market dominance dips to 59%. This rotation marks the start of a new altcoin season, lifting the total altcoin market cap to $1.67 trillion and driving the Altcoin Season Index from 29 to 39. Ethereum leads with +81% vs Bitcoin’s +17%, and memecoins like BUILDon, MemeCore, Pudgy Penguins, SPX6900 and Conflux also surge. US CPI data added 2.3% to crypto, boosting total market cap to $4.11 trillion and daily volume to $237.9 billion. Analysts warn that a rebound in Bitcoin dominance above 65% could stall the altcoin season, while sustained lows may extend it. Traders should monitor Bitcoin dominance, the Altcoin Season Index, project fundamentals and macro trends to navigate opportunities.

Ethereum’s market capitalization soared from $520 billion to a record $570 billion as ETH rallied from $4,313 to about $4,700. Ethereum gained 55% over the past month, far outpacing Bitcoin. Strong ETF inflows—$461 million in daily net purchases—alongside large corporate treasury buys by BitMine, Fundamental Global and Sharplink Gaming, fueled the rally. On-chain data shows average transaction size jumped 430%, indicating heightened whale activity and increased retail participation. Major investors accumulated over 221,000 ETH this week, including a single 49,533 ETH purchase and 1,250 ETH by Arthur Hayes. Technical indicators point to bullish momentum. ETH faces resistance near the upper Bollinger Band at $4,758. A daily close above this level could open the path toward $5,000. However, an RSI of 79.3 warns of short-term profit-taking, with support around $3,889. Traders should monitor ETF flows and treasury purchase announcements for direction.

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.