Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Di DOJ don talk say dem no dey investigate Dragonfly Ventures or their oga dem for 2020 investment wey dem put for PepperSec wey be the people wey create Tornado Cash. Dragonfly Ventures co-founder Haseeb Qureshi tok for X say for one trial wey happen July 28, di department talk say some media talk wey dey talk say dem get case na lie and e no correct. Di venture firm support Tornado Cash after lawyers talk say di privacy protocol dey follow all di law dem. OFAC sanctions wey dem put for Tornado Cash from 2022 don comot this year after users carry dem go court. Even so, di main developers Roman Storm and Roman Semenov still dey face money laundering case, and Storm dey collect fund for legal cost. Di DOJ talk clear am make e no be problem for crypto investment and e still dey support privacy protocols.

US Senator Cynthia Lummis don bring 21st Century Mortgage Act wey go put digital assets inside how dem dey check house loan and make Fannie Mae and Freddie Mac fit run crypto mortgage system. Di law go allow borrowers make dem count their cryptocurrency wey include Bitcoin (BTC) and Ethereum (ETH) as money wey dem get without converting am to USD. E go officialize FHFA guidance wey dey make lenders include tokens for risk assessment and adjust value make e reduce wahala wey come from price shaking. Dis crypto mortgage style no go make people sell anyhow and e go keep tax mata well. Normal income, credit, and AML rules go still dey. People like Senator Elizabeth Warren wey dey criticize warn say di shaking price fit cause better risk and system problem. If dem pass dis law, e fit give power to 21% of US adults wey get digital assets to borrow more money and show say crypto dey join mainstream finance well well.

The White House dey ready to drop im first crypto policy report wey go show plans for national crypto stockpile we fit get Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL) plus Cardano (ADA). Sources plus crypto talker Xaif talk say the holdings fit come from seized assets and strategic buys. Blockchain analytics company Arkham talk say US government get 198,012 BTC and 59,951 ETH from lawful seizure. XRP fans suggest say make dem allocate XRP through Ripple’s SEC settlement, but the $125 million na cash payment. Talk dey say former President Trump get connection with World Liberty Financial, wey hold 73,616 ETH, as reason why ETH join. Traders suppose dey watch the report for info about national security, bank access and federal custody policies. If dem confirm crypto stockpile, e go clear regulatory issues, boost institutional status and market demand. This development fit make BTC, ETH and XRP go strong for market.

Bitcoin dey hold for below $120,000 as traders dey wait for Fed FOMC meeting plus Chair Jerome Powell talk, Polymarket data don show say e get 97.5% chance say rates no go change for 4.25–4.5%. Bitcoin dey range-bound so people dey sell before any soft signal fit drop but e fit make strong comeback if optimistic sign show. Key resistance na $120,000 and $125,000, Glassnode talk say if high-volume breakout happen, e fit target $141,000. On-chain metrics show short-term holders cost-base support at $105,400 and yearly open close to $93,000. If e drop through $114,000–$116,000, e fit fill $112,000 gap wey mean say na big liquidity cluster for traders. Market people go also dey watch US nonfarm payrolls and tariff deadlines for any catalyst, analysts dey expect say consolidation and volatility go continue round these support and resistance zones till after Powell talk.

Taipei FinTech & Blockchain Week dey bring three main events from September 1 go 6, e dey gather policy makers, tech innovators plus global communities to push digital finance, blockchain and Web3 standards forward. FinTechOn 2025 & AFA Summit (Sept 1–2) wey dey Shangri-La Far Eastern focus on cross-border payments, EU MiCA regulation plus digital supply-chain finance. Taiwan Blockchain Summit (Sept 2–3) for NCCU go dey explore decentralized exchanges (deX), AML compliance, TechFin and trust governance. Main event Taipei Blockchain Week (Sept 4–6) for Songshan Cultural Park go spotlight regulatory talk, startup innovation plus AI+blockchain use cases with speakers from TRX, BNB, Mastercard and Pudgy Penguins. Supported by Taipei’s international affairs and industry bureaus, the forums dem want position Taiwan as hub for tokenization, on-chain data and stablecoins like USDT. Traders make dem watch the event for focus on Web3 standards, MiCA policy updates and AI-powered supply-chain solutions we fit drive digital assets adoption. This kain complete fintech and blockchain conference series dey highlight Taiwan role for shaping global digital finance trends.

Glassnode latest on-chain analysis show say short-term holders (STHs) leave serious Bitcoin price support gap between $115,000 and $110,000. Historically, such Bitcoin price gaps dey cause retracements, meaning say e fit drop about 7% to fill the gap. On the other hand, STH profit-taking fit stop any price movement pass $140,000 where standard-deviation bands show say sellers dey increase. Traders suppose dey watch the $110K–$115K support zone plus the $140K resistance level as important market triggers.

Swiss crypto bank Sygnum talk say for their Q3 2025 Investment Outlook, altcoin season dey come soon because regulators don clear tins, liquidity dey rise, and on-chain activity dey grow. Spot Bitcoin ETFs don collect over $160 billion in assets, Ethereum ETF inflows reach record high. After Pectra upgrade, 30% of ETH liquid supply dey staked, decentralized exchanges get 30% of spot trading with volume $530 billion. Bitcoin dominance fall pass 6%, show say capital dey shift go altcoins, especially DeFi and DEX projects. Sygnum warn say memecoin bubble fit happen wey fit cause sharp correction. Traders suppose research fundamentals, diversify portfolio, and set clear exit strategies make dem fit waka well for this altcoin season with proper risk management.

Bank of Korea don rearrange dia Digital Currency Research Office come Digital Currency Office and dem establish new Virtual Asset Unit to better control crypto and form wetin concern stablecoin regulation. The Digital Currency Office get Research & Privacy Team plus Technology & Infrastructure Team wey dey work on deposit-token voucher platforms and blockchain testing. The Virtual Asset Unit go dey monitor local digital assets, blend with regulators, and dey guide how dem go issue won-based stablecoin. Bank of Korea move from just research to proper implementation dey show say stablecoin rules go clear wella for traders and institutions. Market people suppose watch any new guidelines wey fit make stablecoin issuance, trade volume, and institutional involvement sharp well.

On July 28, di US Securities and Exchange Commission don give go-ahead for in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs dem. Wit dis in-kind creation scheme, authorised participants fit now swap ETF shares directly for Bitcoin or Ethereum without cash transactions. Dis change align crypto ETFs wit traditional fund practices. Big issuers like BlackRock, Fidelity, Ark Invest, and VanEck plus exchanges such as Nasdaq, NYSE Arca, and Cboe BZX don get quick approval to run dis new system. Wetin dem expect na lower transaction costs, tighter tracking of net asset value, and better tax efficiency. The update also boost liquidity and operational efficiency for secondary market. SEC Chair Paul Atkins and Commissioner Hester Peirce lead di regulatory move, marking step towards mainstream institutional adoption of crypto ETFs. Analysts predict say more institutional money go flow sweetly follow, dey push market stability. Dem also expect say upcoming altcoin ETF filings go adopt in-kind creation from launch, making market dem more efficient.

XRP don dey waka down small small since e reach $3.70 but e no get any clear pattern, e just dey trade around $3.12 now. The price no get any sharp waka down candles or liquidation spike. The trading volume don dey go down steady steady, e mean say both bulls and bears no get enough confidence. The 21-day EMA for around $3.00 and the $2.99–$2.75 area na the main support; if e break down, e fit carry XRP go $2.50. Even though momentum dey weak, the RSI still dey above 57, mean say the token no reach oversold level. Traders make dem no use high leverage for this low volume environment, wait make volume support rebound or clear breakdown happen before dem touch their positions.

Gate don become di second biggest holder of USD1 stablecoin among centralized exchanges, na only Binance dey pass am. After dem launch Ika (IKA) for Gate Launchpad on July 26, di exchange get about $170 million USD1 for BNB Smart Chain (CEX #2) and $20 million USD1 for Ethereum (chain #1), wey match di $196 million wey dem allocate for di IKA campaign. Di IKA Launchpad carry come over $200 million USD1 and 5.33 million GT (around $97.5 million), and e mark one of di biggest event dem for Gate. USD1 stablecoin, wey World Liberty Financial issue and e fully backed 1:1 by U.S. treasuries and cash equivalents with real-time audits, dey work for plenty blockchains. Dis milestone go boost USD1 stablecoin adoption, strengthen Gate liquidity depth, and show how Gate dey play important role to connect traditional finance with DeFi.

RD Technologies don close $40 million Series A2 funding round wey ZA Global, China Harbour, Bright Venture and Hivemind Capital lead, plus dem get Sequoia China, Eternal Digital, Junshi Investment, HSG, CMSC Partners and Guotai Junan International PE fund join body. The money go help quicken development of HKDR, one regulated stablecoin wey dey fully pegged to Hong Kong dollar. Together with ZA Bank, RD Technologies go pilot stablecoin use wey comply with law for payments and financial services under Hong Kong new licensing regime and regulatory sandbox. HKDR design to improve transaction efficiency, price stability and programmable finance for di city digital asset ecosystem wey dey grow. Future wahala include changing regulations, market adoption palava and increasing competition.

Coinbase Derivatives go launch USD-denominated nano perpetual futures for Solana (SOL) and XRP for August 18. The new nano futures—nano SOL and nano XRP—dem get 10x leverage plus small contract sizes to make am easy for retail traders to enter. Dem fully regulated under US rules, these Solana and XRP futures no get monthly expiration, last five years, and get legal surety. This move go boost liquidity and access for US crypto market. Coinbase want meet the growing demand for different crypto derivatives, attract plenty people dem join and increase trading volume. Coinbase nano futures dey for small traders wey dey find flexible, regulated trading options.

On-chain data show say Ethereum whale wallets don jump 8% for two weeks, while Bitcoin whale wallets drop small 1.6%. The top holders add about 220,000 ETH (≈$840 M) within 48 hours, this one na because of new capital flow, no be because dem dey move from BTC. Ethereum whale wallets now dey hold at least 10,000 ETH each, show say dem dey ginger strong to dey accumulate. This influx don push ETH go around $3,805 (52% rise for 30 days), pass Bitcoin wey gain 9% that month as BTC realized market cap hit record $1.018 T. The steady demand from institution and the increase ETF inflows na the strong base for both assets. Analysts dey see this different whale behaviour as sign say altcoin cycle wey Ethereum lead don dey come. Traders suppose watch these whale trends well-well for short-term wahala and long-term momentum.

Bank of Korea don rearrange their CBDC research work by rename the Digital Currency Research Team to Digital Currency Team, plus dem create two new divisions: Digital Currency Technology Team and Digital Currency Infrastructure Team. Dem still set up one Virtual Asset Committee to watch crypto markets and advise stablecoin regulations as law dey go through. The central bank delay their plan for April-June 2025 retail CBDC pilot because law follow no clear and cost wahala, but them promise say dem go continue trials once law framework clear. Meanwhile, eight big Korean banks dey plan to launch won-pegged stablecoins by late 2025 or early 2026, with Deputy Governor Ryoo Sangdai supporting banks as the main issuers. Governor Lee Chang-yong talk say digital currency get important role for South Korea future financial system.

Rowland Marcus Andrade, di person we start di AML Bitcoin token, don get seven years prison sentence afta one jury for California find am guilty for wire fraud and money laundering. E divert $10 million from investors and channel $2 million wey come from AML Bitcoin sales take buy personal tins, like land and big big car dem. Andrade fool di backers as e talk say e get built-in AML and KYC features plus e talk say e get partnership dem we no true, like one fake deal with Panama Canal Authority. E go need give up assets and pay back di victims, restitution dey set for Sept 16. E sentence go start for Oct 31 and e go come with three years supervised release. Political lobbyist Jack Abramoff sef dem talk say make e give back $55,000 for promoting di token. Dis case show say dem dey serious about crypto fraud and dem wan make AML/KYC rules tight. Traders suppose do better due diligence: confirm who dey behind project, check whitepapers well and use better exchanges wey people trust. Even though dis case fit affect how people see AML Bitcoin token for short time, clear regulations fit build better market trust long term.

ETH Strategy don finish raise $46.5 million pre-launch, wey be 12,342 ETH through private and public sales plus some puttable warrants. Di protocol go stake 11,817 ETH to make yield and boost on-chain liquidity, showing say institutional demand for Ethereum as yield-bearing asset dey grow. Di leftover 525 ETH go support growth initiatives, audits, contributor pay, and community projects. Tokens get four-month cliff then two-month linear unlock, fit cause short-term sell pressure and fit make ETH slide to $2,700–$3,200. Meanwhile, Ethereum dey see record monthly ETF inflows of $11.2 billion, wey show strong buyer interest. If market momentum strong, ETH fit break $4,000 and aim $4,500–$5,000, but if e no happen, fit correct back to $2,500–$3,200. ETH Strategy on-chain treasury model dey reinforce network security and fit set new standard for institutional staking protocols.

For July 30, US Securities and Exchange Commission don approve in-kind creation and redemption for authorized participants inside spot crypto ETFs, especially Bitcoin (BTC) and Ethereum (ETH) spot ETFs, wey go allow actual BTC and ETH to dey exchange for ETF shares instead of cash. This change bring spot crypto ETFs in line with traditional ETPs, e dey reduce trading fees, e dey narrow bid-ask spreads, e improve price tracking, plus e dey speed up settlement. SEC also relax options position limits for BlackRock’s iShares Bitcoin Trust (IBIT), approve mixed BTC/ETH ETFs, spot Bitcoin ETF options, and FLEX options on Bitcoin ETP shares. Spot Ether ETFs don get 18 days straight net inflows totaling $5.4 billion. Retail investors no enter in-kind transactions yet, but dem expect say this reform go boost institutional demand. Experts see am as key infrastructure upgrade and dem expect in-kind creation go be default for future spot crypto ETFs, plus possibility for staking approvals for Ethereum ETFs.

Vincent Anthony Mazzotta Jr don admit say e guilty for money laundering and conspiracy to block justice for one $13 million crypto Ponzi scheme. From December 2017 to July 2023, him and him people dey run fake platforms Mind Capital and Cloud9Capital wey dey promise big returns from AI trading bots. The scheme collapse when both website disappear, investors no fit access their money again. Mazzotta wash victim money through crypto mixers to pay for private jets, luxury hotels, and security. E also create fake ‘Federal Crypto Reserve’ to collect recovery fees. Court papers show say e destroy devices and fake documents to block investigation. Mazzotta fit face 15 years jail time; sentencing still dey. Co-defendant David Saffron say e no guilty, but associate David Kagel get probation and must pay back $13.9 million. This case show how DOJ dey serious with crypto fraud and the danger of unverified AI trading schemes.

MARA Holdings report say Q2 revenue na $238 million, wey dem gain 64% compared to last year, e come from Bitcoin price go up and their Bitcoin mining work. The result pass analyst dem estimate wey be $223.7 million. Their net income jump high to $808 million from $198 million loss, e come because of $1.2 billion unrealized Bitcoin gains as Bitcoin price climb 31% for the quarter. Dem mine 2,358 BTC, wey increase 3% from last quarter, and dem raise their hash rate to 57.4 EH/s. Their Bitcoin treasury don reach almost 50,000 BTC, make MARA be the second biggest public Bitcoin holder after MicroStrategy. Their shares rise 7.5% for after market trading. MARA come also talk say dem get AI infrastructure partnership with TAE Power Solutions and PADO AI. These deals go help balance energy load and increase their Bitcoin mining capacity to 75 EH/s by the end of the year. CEO Fred Thiel talk say vertical integration, big Bitcoin treasury, and early AI investments na the main things wey dey drive the growth of their Bitcoin mining business.

CoinDCX CEO Sumit Gupta talk say na true di tori wey sey Coinbase dey for advance talk to buy di Mumbai-based exchange for $900 million, e call di rumor dem "false" and e talk say CoinDCX dey committed to grow India crypto market. Dis denial happen after di $44.2 million hack on internal wallet, afta which CoinDCX start $11 million bounty program and assure say customer money still dey safe. Coinbase wey get stake for CoinDCX and CoinSwitch, and registered wit India Financial Intelligence Unit, neva talk anything for di speculation of buyout. Wit over 13 million users, CoinDCX still dey focus on independence, better security and Web3 expansion despite regulatory wahala wey dey for India.

Cardano founder Charles Hoskinson dey project say ADA fit shoot up 100x–1000x as e position Cardano as Bitcoin main DeFi yield layer. If dem fit integrate ADA into Bitcoin DeFi, e fit open both staking rewards plus ecosystem token incentives. Hoskinson talk say Cardano market cap don reach $30 billion, pass Bitcoin and e dey similar to returns on 108,000 BTC wey value $15 billion. Now, ADA dey consolidate around $0.80–$0.90, one critical support zone wey dem don test am many times for Q2 2025. If e hold this range, e fit open road for gains go $1.00–$1.15. If e fall below 200-day SMA e fit cause more sell pressure. On-chain data show negative spot taker CVD, meaning short term selling dey, but realized capitalization don increase from $23.4 billion to $23.6 billion, show say fresh capital dey flow and investors confidence still dey. Traders suppose dey monitor ADA integration plan with Bitcoin DeFi plus key support levels for signals of breakout or breakdown.

Manifold don close $10.5 million Series A round we OSS Capital lead, to develop Targon, their decentralized AI cloud platform we dem build for Bittensor network. The funding go help expand engineering, make performance better, and make security strong for their decentralized AI services. Through Bittensor’s tokenomic model we use TAO tokens, Manifold platform dey give transparent model training, federated learning privacy, plus reduce how much dem dey depend on centralized data centers. As Targon dey near commercial launch, partnership and enterprise integration go increase. For crypto traders, dis boost show sey decentralized AI infrastructure and token-based compute networks dey get plenty interest, e mean say TAO and other similar blockchain AI tokens fit see more trading activity.

Revolut dey reason to buy one US bank wey get national charter so that dem fit fast track to get Revolut US banking license. Revolut wey be UK fintech get over 60 million users and e wan skip all the long process wey dem need go through, to fit launch lending and digital asset services for America quick quick. E still get one other way wey Revolut dey prepare direct charter application because dem believe say recent US deregulatory trends go support their plan. This move na follow dia plan for $1 billion funding round wey dem value about $65 billion and the recent buy of Cetelem bank for Argentina, to show how dem dey plan expand fintech business. If Revolut fit secure Revolut US banking license, e go fit improve crypto trading and payment services, make dem strong pass domestic fintech players and move fast to grow global business.

Strategy get plenti Bitcoin for dem treasury, reach 628,791 BTC, wey don bring $28.2 billion profit dem no don collect yet from total value wey be $74.3 billion. Dem average price to buy one coin na $73,277, after dem buy 21,021 BTC for $117,256 each recently. Dis kind wahala wey dem dey do, wey be dollar-cost averaging, show say big companies get confidence for Bitcoin as protect from inflation and fiat currency wahala. Strategy dey clear on how dem dey run tins, and dey hold for long time patiently, na better example for how companies fit use cryptocurrency save money. But traders suppose still sabi say Bitcoin fit small-since, get concentration risk and regulatory changes fit happen, so make dem cautious when dem dey manage risk and diversify portfolio.

US Bitcoin spot ETFs don record dia fourth day in a row wey money dey flow in, total $79.98 million on July 29. BlackRock iShares Bitcoin Trust (IBIT) lead with $158 million new money, make their assets under management (AUM) reach $57.547 billion. VanEck HODL ETF add $5.82 million. Meanwhile, Grayscale GBTC experience $48.97 million as money dey flow out, the total redemption reach $23.635 billion. Bitwise BITB and ARK Invest ARKB sef collect redemptions of $26.22 million and $8.2 million. Total AUM for all Bitcoin spot ETFs don reach $152.711 billion, wey be like 6.53% of Bitcoin market cap. This kind steady money wey dey come in show say institution people dey want regulated crypto exposure wella and fit make supply for exchange tight, wey go support Bitcoin price and liquidity. Traders sabi watch ETF flow movement, fee changes, and regulatory updates to catch any changes for how money go dey allocated.

On-chain data dey show say Anchorage Digital, di first crypto bank wey get federal charter for US, don unstake 8,052 ETH (~$30.25M) from Lido. For dis amount, dem stake 7,576 ETH via Coinbase since August 2023 at average price $1,672 per token. Di combined price gains and staking yields wey dem get for dia ETH staking position bring dem about $15.8M profit. Di decision wey Anchorage Digital make show say institutions dey take profit, rebalance portfolio, and manage liquidity as Ethereum dey transition to Proof of Stake. E still show how liquid staking with Lido’s stETH tokens still dey attractive. Even though di direct effect on ETH price fit be neutral, traders suppose dey watch these big flows to understand di institutional feeling and di future market trend.

US Securities and Exchange Commission (SEC) don approve in-kind redemptions for spot Bitcoin and Ethereum ETFs, wey allow authorized people to exchange ETF shares directly for BTC and ETH. The SEC new in-kind redemptions policy dey align US ETF rules with Hong Kong and e replace cash-only creations and redemptions, reduce conversion costs and tracking errors. Dis change e fit help improve liquidity, reduce spreads, and boost arbitrage, fit attract more institutional money. Since the update, total crypto market cap don drop 3.8%, Bitcoin dey trade near $118,000 (-0.4%), Ethereum don rise 0.7% above $3,800. Spot ETH ETFs don record net inflows for 18 days straight, na their second longest streak. Traders go dey watch how better ETF efficiency fit affect market stability and institutional demand.

MicroStrategy don complete de biggest U.S. perpetual preferred share IPO for 2025, dem raise $2.521 billion by issuing 28 million STRC shares at $90 each with 9% dividend tied to 1-month SOFR. Di underwriters na include Morgan Stanley, Barclays, Moelis & Company and TD Securities. Di money plus buy 21,021 Bitcoin at average price of $117,256 per coin, wey raise MicroStrategy total Bitcoin holdings to 628,791 BTC (about 3% of circulating supply) with cost basis of $46.08 billion and market value near $80 billion. Bitcoin dey trade near $117,800, down 0.5% in 24 hours. Traders suppose watch MicroStrategy Bitcoin buying, upcoming Q2 results and Federal Reserve rate decision, because these kin things fit cause wahala for Bitcoin market.