Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

US Treasury Secretary Scott Bessent dey push for one 50-basis-point Fed rate cut for September after dem report say jobs data soft and inflation wey dey go year-over-year up 2.7%, pass wetin dem expect. Lower interest rates dey usually make borrowing beta and boost risk assets, crypto market especially Ethereum don see gains since the talk about rate cut start. Traders suppose dey watch upcoming jobs and inflation data sha because dem dey affect Federal Reserve policy and how market go react. If dem cut rate for September, e fit make more money enter Ethereum, make price get better outlook. But if inflation still high pass target, e fit make market games still dey high. People wey invest for Ethereum and crypto shuld dey alert for any Fed moves and economic signs wey fit affect trading chance.

Dis Toni Ripple, new USD pegged stablecoin wey dem call RLUSD no go fit replace XRP, na so All Things XRP talk am. XRP still be native asset for XRP Ledger (XRPL), e unique because na im dey fit pay transaction fees, every account get am without trust lines, and e free from counterparty risk. Each RLUSD transaction still dey burn small amount of XRP as fees, so demand still dey baseline. Plus, XRPL automated bridging dey prioritize XRP liquidity, meaning say more RLUSD trading pairs go push more XRP use for bridges. Ripple control only about 1% of validators so e no fit remove XRP from ledger by itself. Instead, RLUSD go help increase XRPL activity—trades, token issuances, and payments—wey go dey boost XRP long-term utility and scarcity.

South Korea don mark one big tin on August 13 wen investor Kim Geo-seok give 1 BTC (about $119,000) to Korean Red Cross, e be di first personal crypto gift wey dem accept under new Financial Services Commission rules. Dem rules wey dem bring in June allow non-profits to change digital asset to cash to use for dem work. Di Bitcoin wey dem give go quick sell, di money go help fix flood damage and give medical aid to people wey need am. This kain event show how crypto charity dey grow, e show better tins like faster money transfer across borders, clear transactions because blockchain dey confirm am, and lower charges. Di Korean Red Cross quick use of this digital donation set example wey fit make more crypto owners and groups for South Korea and other places use Bitcoin and other tokens to help people.

Crypto market dem don surge dis week as people dey expect Federal Reserve go cut interest rate and ETH ETF dem dey get record inflow. U.S. Treasury Secretary Scott Bessent talk say make dem cut the rate by 50 basis point for September, plus President Trump tell dem make dem look crypto for retirement account, all these don ginger risk appetite. Ethereum jump almost 30% to trade around $4,635, backed by almost $2 billion quarterly ETF inflow. Bitcoin still steady close to $119,000, plus Solana (SOL), BNB and other altcoins also dey gain. Analysts talk say crypto markets still dey sensitive to macro and regulatory changes; ETF demand plus rate-cut bets go still drive price changes.

Gate Exchange don update di yearly yield for dia YuBiBao USDT flexible savings product to 11.29% APY. Di new rate mix 5.28% base yield with 6.00% limited-time bonus, making di stablecoin yield tori better pass before. Traders wey want steady returns for USDT fit deposit money for Gate’s YuBiBao flexible savings, wey dem fit withdraw daily. Di higher USDT yield na to make people put more money inside, and e fit affect how liquidity and short-term trading go for di platform. Even though same yield promos don make deposit plenty before, di main crypto market impact go likely neutral, as most investors dey balance di gain from yield and market wahala (volatility). Gate move show say exchanges still dey compete to give better APY for stablecoin deposits.

HolmesAI, one AI Agent service platform, don secure $3 million for dia latest seed+ funding round. The HolmesAI team dey plan to upgrade dia Persona-based AI Agent skills. Investors for dis round include Bitrise Capital, Waterdrop Capital and CGV Fund. Earlier incubators like HashKey Group and one big cloud computing company dem give early support. HolmesAI dey use one personalized knowledge base wey dem call Persona, wey fit make AI agents get human-like features well well. Dis technology want unlock human creativity for many industries and come develop special smart agent solutions. The fresh money go support product development and market expansion.

Cryptocurrency markets dey advance as Bitcoin hold near $120,000 and Ether jump almost 30%, e be like say President Trump don direct make dem explore how to put crypto for 401(k) plans plus wetin Fed go do on top rate cut get people hope. Treasury Secretary Scott Bessent talk say dem fit reduce rate by 50 basis points for September and that one make people ginger to take risk. Ether-focused ETFs get $520 million enter on Tuesday alone, and for the week dem fit pass $2 billion. Traders see say Ether short-term implied volatility dey rise compared to Bitcoin wey dey record low level, e show say near-term price fit go high well well. Big altcoins like Solana (SOL), BNB, XRP, Dogecoin (DOGE), and Cardano (ADA) still join the rally. This combination of political better chance, people hoping Fed go support and institutional ETF work dey give crypto better outlook.

Ethereum own token ETH dey rally go fresh record high, wey dey ginger bullish activity for options market. For di last 24 hours, traders don spend pass $5 million on call options wey get $5,000 strike wey expire for Sept. 26, dem dey bet say ETH go breakout. More call buying show for $5,500 and $6,000 strikes, plus bull call spreads. One OTC person even open $7,500 strike position for December expiry. ETH don gain 26% dis month, e dey trade near $4,670 and just 4.4% below im all-time high of $4,861. Analysts for Amberdata talk say still get room for more rise, because say sentiment low and ETH/BTC ratio dey support target reach $7,200. On-chain data from Santiment show say retail traders dey sell into strength, meanwhile key holders dey accumulate, wey dey reduce resistance to ETH breakout. With bitcoin don enter six figures and XRP dey new highs, ether surge and heavy call-buying tanda strong bullish confidence. Traders and institutions look like dem dey position for further upside to reach and cross $5,000.

BitMine Immersion Technologies and SharpLink Gaming don announce plan dem to buy plenty Ethereum, dem dey target between $200 billion and $400 billion ETH by 2025. Dis move na one of di most ambitious crypto treasury plans wey ever happen. Dis kian buy fit make Ethereum supply tight and demand go high. History show say big company crypto buy dem dey usually cause price go up and get more interest from institutions. Dis Ethereum buy fit make other companies rethink their crypto treasury plans. Traders suppose dey watch on-chain metrics, spot ETH liquidity, and possible law changes as big treasury waka dey happen.

Binance Alpha go list TCOM Global (TCOM) for August 15. Dem announce dis one for dem official Chinese X account, e mean say the token go first start trade on chain. Binance Alpha link direct to Binance Wallet and Exchange, e make am easy for traders to get new tokens. Dem choose TCOM Global because e get strong community and e follow market trend. People fit trade TCOM direct from their Binance Wallet and enjoy Binance security and system. Even though Alpha listing start TCOM trade, dem go decide if e go enter main Binance spot and perpetual futures market after how e perform. Traders make dem get Binance Wallet ready and watch official channels. The listing show how Binance Alpha dey introduce better projects to plenty users.

Crypto whale wey dem dey call ‘7 Siblings’ don sell 19,957 ETH kpatakpata turn am to USDC, dem make $90.44 million at average price wey be $4,532 per ETH. Dis group first collect 100,000 ETH for around $2,270 when market slump last year. After dis sale, ‘7 Siblings’ still get about 280,000 ETH, wey value dey around $1.3 billion. Dis koko profit-taking fit cause some short term sell pressure for Ethereum, e fit make price dey waka up and down. But the big amount of ETH wey dem still hold show say dem still believe say Ethereum money go increase for the long term.

Eden Network don stop their operations officially, dem don stop service for their Eden RPC, Eden Bundles and Mempool Stream products. Di network dey recommend sey users switch go alternatives like Flashbots Protect or Blocknative Mempool Explorer. To return value to token holders, Eden Network don launch EDEN token buyback plan at fixed rate of 0.00001506 ETH per EDEN. Di buyback go take from 2,000 ETH pool and e dey open till 23:59 UTC on September 30, covering about 133 million EDEN tokens wey dey on circulation now. People wey dey US no go fit join the repurchase program. Traders and holders suppose dey monitor di buyback period and consider other Mempool and RPC solutions.

ODIN•FUN co-founder don talk say yawa serious dey for AMM for the platform latest update. Dem attackers wey dey linked to Chinese crime rings take advantage comot about 58.2 BTC (≈$7 million). The team dey check how much dem lose exactly and admit say the current money no fit cover all the wahala but the rest of the money dey safe. ODIN•FUN don hire correct security auditor to do full code check and dem dey work with Chinese and US authority to catch the bad guys. PeckShield na im first report the 58.2 BTC wey dem take without permission. Traders suppose dey watch how Bitcoin dey move for short time and focus more on AMM security.

Solana price jump almost 10% after e bounce from di $175 support zone. SOL price climb pass $180 and $190 wit strong bullish momentum reach high of $199. Di token dey trade above di 100-hour simple moving average and di 23.6% Fibonacci retracement level. Immediate resistance dey for $200; clear break fit target $205 and $212. For downside, support zones dey $194, $186 (50% Fib) and $180. Hourly technical analysis dey show di rally: MACD dey bullish and RSI dey above 50. Traders go dey watch for strong close pass $200 to confirm breakout and push Solana reach $220 mark.

Australia mobile payments don jump reach over four billion transactions wey worth AUD100 billion for 2024, as one-quarter of the people dey use mobile wallets for all their payments. Even though mobile payments dey grow because more people dey use digital wallets, 73% of Australians still prefer to carry physical debit and credit cards as backup when digital payments no work, dem talk say e be because of system problem and battery wahala. Card loyalty high pass for baby boomers (84%) and Gen X (75%), but na 55% only for Gen Z. Almost half of card transactions now dey happen through mobile wallets. Reserve Bank plan to end card surcharges fit save consumers AUD780 million every year, to make Australia payments system more modern. Meanwhile, Project Acacia dey push forward tokenized asset settlement for 24 use cases. For the US, National Institute of Standards and Technology (NIST) don release new digital ID guidelines (SP 800-63 Rev 4) to update their system since 2017. The digital identity guidelines get better risk management, continuous evaluation metrics, fraud checks and controls against forged media to fight deepfakes wey don rise by 20% in Q1 2025 and now make up 7% of global fraud attacks.

FTX customers dem don put one updated complaint for Southern District of Florida as part of one multi-district lawsuit against law firm Fenwick & West because dem claim say dem get big role for how crypto exchange take enta wahala and big fraud wey reach billions of dollars. Di people wey dey complain talk say di law firm do pass wetin normally dey do for legal service, dem create conflicted companies like Alameda Research and FTX, and help put forward unregistered securities and racketeering. Di complaint use evidence from Sam Bankman-Fried trial talk say Fenwick sabi di fraud tori well and e help within the gbege. Di customers want add more things to dia complaint, no gree Fenwick plan to dismiss di case, and want make court hold Fenwick responsible for trust break and negligence for work.

US authorities don seize $1 million for Bitcoin from BlackSuit ransomware group for one koordinated cybercrime crackdown. Di Bitcoin wey dem seize na to stop one criminal organisation wey don extort more than $370 million from over 450 victims since 2022. BlackSuit ransomware operators dey use double extortion tactics: dem dey encrypt data and dey threaten say dem go leak sensitive information if ransom of up to $60 million no pay. Di group dem dey ask between $1 million and $10 million for Bitcoin. Law enforcement officials talk say di Bitcoin wey dem seize go protect critical infrastructure and send clear warning to cybercriminal networks. International cooperation still important to fight ransomware wahala. Experts advise organisations make dem strengthen cybersecurity defense, dey do regular backups, and train staff make dem sabi phishing attempts.

Coinfest Asia 2025, di biggest crypto festival for di world, don return Bali for Nuanu Creative City on top August 21–22. Over 10,000 founders, builders, investors and creators from more than 90 countries go gather for panel discussions, product demos and networking. Di theme "Full Moon" show new market hope after halving as di industry dey expect beta bull run. Di crypto festival dey make Web3 easier for normal people through one joint event space all around Nuanu Creative City. New things dem bring include high-energy tournament dem, Web3 institutional accelerator finale, developer hackathon plus live trading competition. Confirmed speakers include Nansen CEO Alex Svanevik, Animoca Brands co-founder Yat Siu and Manta Network co-founder Victor Ji. With more community engagement plus tokenization showcase, Coinfest Asia 2025 go give chances for traders and new people too. Tickets dey for sale for coinfest.asia/tickets.

ARB don break one long downtrend wey don dey for months after e draw double-bottom pattern near $0.26. The ARB breakout wey jam the long-term downward trendline confirm as trading volume jump, dem record $54.06 million for the move. Immediate support don land for $0.38, level wey ARB don dey respect for weeks. If dem fit hold this support, e fit make the price continue go up reach the next resistance at $0.4787 and targets of $0.90 and $1.20. For the 2-week chart, ARB dey trade for narrow range between $0.26 and $0.38 for almost six months before e sharply cross the diagonal resistance. If e close below $0.38, e fit cause another test for the $0.26 demand zone. Ethereum market momentum dey pick up too, wey dey usually benefit Layer 2 tokens like ARB. Traders suppose dey watch how ARB price dey behave above $0.38 and dey look out for volume spikes when price dey rise. Key SEO terms: ARB breakout, trend reversal, support levels, double-bottom pattern, trading volume. If ARB fit hold the key support, short-term upside to $0.90 and $1.20 go likely, but if e fail, e fit bring downside risk back to $0.26.

For one big crypto confiscation, di U.S. Department of Justice (DOJ) don recover about $1 million cryptocurrency from BlackSuit ransomware group and seize their related servers and domains. BlackSuit don dey active since 2022 and dem dey use double-extortion tactic take attack over 450 victims worldwide, collect $370 million ransom. This DOJ crypto seizure show say dem get strong forensic skills plus international law enforcement collaboration. By destroy the main infrastructure, the operation fit stop future ransomware attacks and improve cybercrime defense. Traders suppose sabi say regulatory eyes don dey watch illegal crypto flow well well and market fit change as enforcement strong.

Solana price don surge back to the $200 level, e reach $199.5 wit 13.49% gain for Binance USDT market. Dis rally show say investors don get better confidence because Solana high transaction throughput, low fees and strong network performance. Plenty developers dey launch DeFi protocols, NFT marketplaces and gaming platforms, wey dey boost total value locked and on-chain activity. Even though dis milestone na bullish technical marker, traders gats dey watch crypto market volatility wey macro trends, regulatory shifts and sentiment dey affect. To sustain momentum, e go depend on continuous innovation and wider adoption.

Ethereum don jump go $4,625, the highest level since 2021. Di rally mean say e gain 54% from last month and e market cap reach $552 billion, just 5.3% shy of im all-time high. Di surge na because BitMine Immersion Technologies don file SEC prospectus to raise $20 billion. BitMine get 1.2 million ETH (~$5.3 billion) and fit add over 4 million ETH to im treasury. Analysts dey see $15,000 ETH price target as already baked in. Record spot ETH ETF inflows add $2.3 billion within five days. BlackRock ETF alone pull $640 million one session, total ETH ETF flow pass Bitcoin since July. Strong institutional and retail adoption dey support bullish outlook. Chart patterns wey resemble 2017 cycle and good monetary conditions dey point to parabolic run. Traders supposed dey watch dip-buying chances around 21-day moving average and monitor ETF demand for more upside.

Di 8th Blockchain Futurist Conference don come back go Miami for November 5–6, 2025, for Hard Rock Guitar Hotel and DAER. Dis big Web3 event for US go get di first set of speakers dem like Mike Belshe (BitGo), Shaw Walters (Eliza Labs), Luca Netz (Pudgy Penguins), Lisa Loud (Secret Network), Justin Sun (TRON) plus others. Di conference go carry over 300 speakers for four stages, and sponsors like Tangem Wallet, ZKDL, DeLorean Labs, Sullivan Hart, and Nexa dey support am. People wey go attend fit waka round multi-level expo floors, side events, plus one NFT gallery wey BitBasel arrange. Media partners like Paul Barron Network and The Defiant go give live coverage. As e be Web3 event, e go collect ticket payment for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) through EukaPay. With di industry still dey grow and regulatory matter dey clear, di Blockchain Futurist Conference wan make Miami solid as worldwide hub for crypto innovation.

For August 13, Solana (SOL) briefly waka pass $200 for OKX exchange, im post 3.84% intraday gain. Traders dem observe say SOL fit break key $200 resistance level because of renewed buying momentum weh come from stronger altcoin market. This price increase show Solana dey volatile and fit mean say price go still rise if $200 level hold as support. Market people suppose watch volume trend and possible pullback well well, because similar breakouts done usually cause consolidation before next rally. As people dey follow SOL price rise and fall, traders fit adjust their strategies around $195–200 range to manage risk and make money from short-term momentum.

OKX USDT Simple Earn APR don jump reach 39% for di last one hour. OKX USDT Simple Earn APR don dey waka between 5% and 46% since last night, e peak reach 46% around 05:00 UTC. Dis kain waka for di USDT flexible yield product boku boku dey show say crypto market get serious wahala for volatility. Today, Ethereum (ETH) still dey go up, e break di $4,600 barrier for di first time since 2022. Dis sharp rise for USDT flexible yield na sign say market get plenty gbege, e fit make traders shift dia money go inside stablecoin yield products.

BIO Protocol, wey be leader for decentralized science (DeSci), don launch im V2 upgrade wey dey bring new Launchpad, BioXP points system, staking wit veBIO, and automated liquidity engines. After im January launch, BIO Protocol price drop 95% because high FDV and missing features, but di V2 release help double im market cap pass $200 million and over 100 million tokens staked within one week. Di upgrade lower FDV to $205,000, give fixed-price launches for new projects, and dey measure user engagement through BioXP and veBIO incentives. Di new liquidity engine dey collect 1% from secondary trades, to fund research and reward token holders. Clinical trials for VitaRNA and VitaFAST dey happen for UAE and partnership wit Pfizer show real DeSci uses. The upcoming Launchpad 2.0 and Founding LP Program dey plan to onboard 10–20 low-cap projects across Base and Solana, show say investors dey interested again for DeSci and fit bring short-term trading benefit and long-term ecosystem growth.

Crypto market wahala spike as investors dem dey prepare for US Consumer Price Index (CPI) release. If US CPI inflation come 2.8% or below, market fit get better small short-term rally. But if e go pass 2.8%, e go force Federal Reserve make dem keep high interest rates, wey fit make crypto asset dem sharply sell-off. High inflation plus steady rate hikes no good for speculative tokens, but if price start cool down, e fit make bullish feeling dey again. Traders suppose ready for quick market swings, see sharp dips as chance to buy but still maintain risk controls and diversify portfolio.

One Ethereum developer wey dem sabi as “Fede’s Intern” get arrested when e touch Izmir, Turkey, because dem say e dey help misuse Ethereum. Authorities talk say e get one academic paper and code, Tutela, wey show how people fit find out who send money for mixers like Tornado Cash. After people from many countries like UAE, UK, US, EU, Argentina and even Catholic Church pressure dem, dem free the developer same day and e waka go Europe. E talk say im team dey build transparent infrastructure only and dem go cooperate with Turkish law. The case happen as Ethereum price jump pass $4,100 again, because people and big companies dey buy more, make the money dey go reach new record. Big holders like Bitmine (1.2 million ETH) and SharpLink (near 599,000 ETH) still dey gather more. Analysts see say breakout and retest don finish, transactions increase and big companies dey put money, so dem dey expect fresh record levels. The incident still make people talk about Turkey blockchain environment before DevCon 2026 meeting.

Dogecoin don jump pass $0.24 after one big whale buy $200 million on August 11. The price breakout form one bullish cup-and-handle pattern for 4-hour chart. If e close pass $0.235 with high volume, e fit target $0.25–$0.27, and support dey for $0.215 and $0.20. The RSI at 58 show say e still get space before e reach overbought. This whale-driven rally renew di interest for meme coin. Institution product like Grayscale Dogecoin Trust and high-profile endorsement dey make Dogecoin legit. If DOGE fit break key resistance near $0.25, e fit make capital rotate go other meme tokens. Meanwhile, MAGACOIN FINANCE dey attract attention as next possible breakout. E blend meme energy with DeFi fundamentals, and im token sale dey reach final stage. Limited presale supply dey make traders feel FOMO for early entry. In short, Dogecoin technical breakout, strong whale activity, and rising institution support make the token steady focus. Traders suppose look for confirmation above $0.25 and also think about new opportunities like MAGACOIN FINANCE especially as meme coins dey rise again.