Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

SEC dem launch Project Crypto wey bring new better rule dem for digital asset for US. Dem commot old rule dem, make how crypto asset suppose take be clear. For Project Crypto, crypto go be digital commodity, stablecoins, or digital collectibles. Dis plan go allow tokenized securities and real-world asset for blockchain. Dem get one super app license wey broker-dealer fit use do trading, staking, lending and stablecoin service. Project Crypto make broker-dealer licensing easy and e wan make compliance no hard. E join DeFi inside one regulated system to make balance for innovation and protection for investors. SEC comot dem lawsuit for Coinbase. Dis one show say regulator fit flex and e dey make company dem wan come back enter US market. Analyst and old SEC commisioner Paul Atkins talk say Project Crypto go make big company dem adopt crypto quick. Clear rule and easy license go make market see hope and e go help make crypto for US grow well for long time.

Nexus Mutual don refund about $250,000 to users wey the $3.5 million Arcadia Finance hack on Base blockchain affect. The attackers exploit smart contract weakness, dem swap stolen USDC and USDS to WETH and drain money from user wallets. After 14 days cooling off from July 29, claimants put onchain proofs via coverage partner OpenCover. Nexus Mutual process and pay most valid DeFi insurance claims within seven days. Since dem launch in 2020, dem don pay over $18.25 million for smart contract exploits. CEO Hugh Karp talk say their onchain DeFi insurance model remove middle men and make payout transparent and correct. This matter show say smart contract risk still dey persistent for decentralized finance. Fast and clear onchain claims fit boost traders confidence and make DeFi widely accepted, even though zero risk no fit happen.

Hyperliquid, di decentralized derivatives exchange, refund $1.99 million worth USDC afta 37 minutes API outage wey happen on July 29. Dis outage come about becos traffic surge after record $14.7 billion open interest come up, e make order execution delay from 14:10 to 14:47 UTC, even though on-chain trades still dey go on normal. Hyperliquid confirm say no security breach happen. On-chain data from Hypurrscan show sey most traders get full refund sharp sharp. Accounts wey dem owe pass $10,000 USDC dem carry out $9,999 on-chain, and balance fit still collect after KYC for Discord by August 18. Dis incident show how Hyperliquid dey dey committed to user trust and platform stability. Na now dem be seventh largest derivatives exchange wey dey get $10.6 billion 24-hour open interest. Hyperliquid don keep strong since the $6.26 million JELLY memecoin exploit wey happen last March. Dis quick USDC refund na show say platform dey stable and infrastructure dey scale well even as competition dey increase for derivatives trading.

Justin Sun, wey be founder of TRON, don complete 10-minute suborbital flight for Blue Origin NS-34 mission on August 3. E secure di seat for $28 million for one 2021 auction. Di New Shepard rocket launch from West Texas by 7:43 a.m. CT, e separate three minutes flight time. Sun and five crew dem, wey include venture capitalist and meteorologist, experience weightlessness and see Earth curvature before parachute land by 7:53 a.m. After di flight, Justin Sun talk about the “overview effect,” wey show how fragile Earth be and hint future plans for space tourism. Di mission show say Web3 leaders dey interested for space ventures and how TRON innovation dey connect with aerospace.

Pump.fun, wey be one big Solana memecoin launchpad, see say their July revenue drop sharply by 80% to $24.96 million from the peak wey reach $130 million for January, show say the whole Solana memecoin market cool down. Overall market capitalization shrink by 23.5% from $85 billion for late July to $65 billion by early August, while the 24-hour trading volumes drop by 67% to $5.59 billion. New token mints for Solana reach three-month lowest point of 34,040 SPL tokens on August 2. Platform metrics also get weak as daily Pump.fun traders fall 62% to 129,000 and the volume drop 56% to $150 million. Meanwhile, LetsBonk users go up 25% but their volume fall 10%. These trends dey show say investors dey lose interest and dem dey more careful for Solana memecoin market.

On July 1, 2025, CyberArena don officially change name to taptap. The new platform dey bring mobile-first online gaming system wey get vibrant visuals and fast navigation. All current accounts, balances plus play history transfer well well. For di first time, taptap dey accept crypto payment for Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Blockchain-level encryption dey make sure say transactions fast, secure and no get border. Di platform get sports betting, esports, live and RNG casino games, virtual sports, lottery and skill-based titles. Di rebrand show say taptap dey focus on financial flexibility, user experience and blockchain security. By adding crypto payments, taptap wan lead innovation for online gaming market.

Binance don roll out options writing for Bitcoin, Ethereum, BNB and Solana contracts, make retail traders fit sell call and put options across im platform. Dis new options writing feature allow users make premium from spot holdings and manage downside risk. To celebrate di launch, Binance dey offer 20% discount on taker and maker fees for new BTC, ETH, BNB and SOL options. E still reduce thresholds for im Options Enhanced Program for institutional and high-volume traders. Volumes for BTC options market jump from $4.11 billion for 2020 to $138.76 billion by June 2025, increase by more than 3,200%. Jeff Li, Binance Product VP, talk say this move go expand di crypto derivatives tools, improve market liquidity and support more strategic trading. By adding options writing, Binance aim to enrich its derivatives ecosystem and attract both retail and institutional participants.

European Central Bank (ECB) executive board member Piero Cipollone confirm say digital euro go complement, no go replace, physical cash, dey maintain legal tender status and boost Europe payment independence. The regulated digital euro wey build on distributed ledger technology get aim to reduce privately issued and foreign stablecoins, strengthen monetary sovereignty, and reduce dependence on US dollar pegged alternatives. ECB survey show say consumers never too dey use am: participants allocate small portion of hypothetical €10,000 portfolio to digital euro. Despite this, ECB still talk say cash dey important during crisis and digital failure. ECB adviser Jürgen Schaaf also talk say worldwide stablecoin regulation and euro pegged alternatives needed to strengthen monetary control. ECB get plan to roll out digital euro gradually with market stakeholders coordination.

Binance Alpha go list Succinct token PROVE on August 5, give eligible users early access plus exclusive token airdrop. People wey qualify fit claim PROVE tokens by spend the Binance Alpha Points wey dem gather for Alpha event page once trading start. Binance Alpha na Binance crypto launchpad wey dey check early projects based on community engagement plus market trends, e also dey connect on-chain trading inside Binance Wallet and Exchange for smooth experience. Even though PROVE listing dey improve token liquidity and be better opportunity for growth, traders suppose check risks like market wahala, small liquidity, plus technology wey never prove. Make dem do proper check for PROVE roadmap and team before dem join.

White House don release crypto regulation policy report wey set clear oversight boundaries between US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Under this proposal, CFTC go get authority for spot crypto market, while SEC go focus on digital assets wey dem regard as securities. This crypto regulation framework aim to reduce legal fragmentation and promote transparent, scalable crypto ecosystem. Report also cover market reforms, new banking rules for service providers, stablecoin oversight, and crypto tax law updates wey dem design to make US dollar more dominant. Policy come two months after SEC drop appeal for Ripple lawsuit over $1.3 billion unregistered XRP sales. Case end with mixed ruling on retail and institutional trades plus $125 million settlement. Analysts talk say clearer regulatory boundaries fit reduce investor worries and boost crypto adoption for US, but dem warn say intensified SEC enforcement and yet-to-solve banking custody rules fit slow short-term gains.

Bitcoin price don bounce back from under $112,000, e test the 50-day exponential moving average near $112,900 as main support. Bitcoin price dey face plenty big short positions for the exchange order book at $116,500, wey dey act like “magnet” fit help carry rally during liquidation. Fed rate cut bets for September don strong because inflation and labor data no too strong, e boost risk sentiment. On-chain data from CryptoQuant show say whales and short-term holders send over 40,000 BTC go exchanges at loss on August 1, e add short-term selling pressure. Despite this wahala, long-term metrics still show net accumulation. More than 160,000 BTC don enter dormant supply in the last one month, and OTC positions dey rise. Traders suppose dey watch the 50-day EMA, the $116,500 level, and on-chain flows well to sabi the best time to enter and exit.

On-chain data dey show say one ICO-era Ethereum whale wey get low $0.31 cost basis don commot 13,600 ETH (~$47M) from exchanges within three weeks, con boost im holdings to 59,718 ETH (~$210M). This na im first big buy-back for over two years after e sell total of 358,600 ETH (~$897M) from July 2024 reach July 2025. Another whale self con commot 2,850 ETH (~$10M) from Kraken, wey make im holdings reach 18,111 ETH (~$64M). Ethereum price climb reach $3,559 (+2.4% in 24h), e fit mean say whale activity and supply tightness dey support price to bounce back, e dey fueled by possible spot ETH ETF approval and growth for Layer 2, DeFi plus NFT ecosystems. Traders suppose dey watch on-chain signs well-well, because when Ethereum whales dey accumulate, e dey often happen before bullish way for crypto market.

Metaplanet, digital asset investment platform, don buy 463 Bitcoin (BTC) with cash reserve at market average price, plus their stock reach 17,595 BTC (about $54 million). Dis move show say institutional investment for Bitcoin dey grow well well and e confirm say Bitcoin na value store. By adding digital asset for their company treasury, Metaplanet dey reduce the Bitcoins wey dey circulate, fit help support future price stability and make market get better feelings. Traders suppose sabi say when big company keep dey add Bitcoin, e fit make demand jaga pass and reduce supply wey dey, dis one fit affect short-term price boost and long-term adoption ways.

Bitcoin price prediction: Ledn CIO John Glover Elliott Wave analysis talk say big rally go reach $140,000 by late 2025, then bear market go follow for 2026. For im BTC/USD daily chart, Bitcoin dey finish impulse wave iii and fit jump go $130,000 within weeks. For September, e fit pullback to $110,000 (wave iv) before the last push reach $140,000 (wave v). This Bitcoin price prediction include macroeconomic conditions, April 2024 halving, more institutions dey buy through spot ETFs, changing rules and network upgrades. As Bitcoin dey trade around $114,000 after recent profit-taking, traders suppose stay sharp. Traders dem advise make dem do proper research, use dollar-cost averaging, spread their positions and set exit plans before the expected 2026 downturn. Strong risk management na important well well for markets wey dey volatile.

Binance Alpha go list Fireverse (FIR) on top August 6 and dem go give traders wey qualify exclusive airdrop through Binance Alpha Points for inside the platform event page. Binance Alpha join on-chain trading inside Binance Wallet and Exchange, e make am easy to get early-stage tokens. To qualify, users gats collect Binance Alpha Points by trading and taking part for platform, then dem fit claim FIR tokens after e launch. Traders suppose check FIR tokenomics, team background and roadmap well before dem join. This move na to boost platform engagement and make liquidity strong, e get chance to make short-term FIR demand dey high and build the community for long term.

Cardano governance community don first time approve withdrawal of 96.8 million ADA from treasury to fund Input Output Engineering 2025 Core Development Proposal. The vote with 73.93% support na historic step for decentralized funding models. Intersect go oversee milestone-based payout through smart contracts, monthly updates and quarterly budget reports. The multi-year protocol upgrade roadmap get Ouroboros Leios to boost throughput, Hydra for low-cost transactions, Mithril for faster node syncing, nested transactions for advanced smart contracts and Project Acropolis for modular node architecture. These core upgrades dey aim to improve network performance, interoperability and developer experience while reduce operating costs. This milestone show Cardano commitment to transparent governance and go help strengthen confidence for ADA long-term scalability.

Ethereum whale activity dey show mixed signals as two big whales dey move on ETH. SharpLink Gaming carry over $100 million worth of ETH as price fall, lower their cost basis and show say dem dey bullish long-term on Ethereum. Meanwhile, BitMEX co-founder Arthur Hayes sell 2,373 ETH (≈$8.3M), 7.76M ENA tokens, and 39B PEPE tokens within six hours, blame US tariffs wey dey come and weak July nonfarm payrolls. That time, Ethereum dey trade near $3,490—150% above April lows—while Bitcoin dey between $111K and $114K. Traders suppose dey watch Ethereum whale activity, macroeconomic indicators, and key support levels to manage short-term volatility.

U.S. Securities and Exchange Commission (SEC) don raise position limits for most Bitcoin ETF options, e dey allow investors hold up to ten times more contracts. This change fit make traders fit run covered calls and other income ways for big scale. By make Bitcoin ETF options capacity bigger, SEC dey try reduce sharp price waka and make volatility low. Data from Deribit’s BTC Volatility Index show drop from 90 to 38 points for four years, but the level still pass normal assets. According to NYDIG Research, less volatility make Bitcoin ETF options better for institutional investors wey dey look for balanced risk. More activity for Bitcoin ETF options fit create feedback loop: lower volatility dey push spot demand, e go support market stability and make buying pressure steady. Industry people like Ray Dalio talk say crypto currency na hedge as U.S. debt dey rise. Traders suppose dey watch Bitcoin ETF options volume and volatility metrics to sabi how market dey and to expect how price fit trend.

Ethereum whales don still dey gather like $300 million worth ETH during the weekend through Galaxy Digital’s OTC desk, wey push one address holdings reach 79,461 ETH. BlackRock’s iShares Ethereum Trust ETF gather $1.7 billion inflows inside ten trading sessions, wey cause 40% rise for ETF-related ETH holdings for one month, according to Dune Analytics. Glassnode yan say over 200 new addresses hold pass 10,000 ETH since July. ETH price drop below $3,400 before e bounce back to $3,560 as people dey expect new liquidity and possible Fed monetary easing. Even with August typical bearish season wey dey follow Bitcoin trend, the steady whale accumulation and record ETF inflows fit mean say ETH traders get bullish momentum.

Q2 crypto earnings show big gains and changes for sector. MicroStrategy make $14.0B revenue and $10.0B net profit, wen $unrealised Bitcoin fair value gains push dem BTC holdings up to 628,791. Coinbase revenue drop 26% to $1.50B, but still get $1.43B net profit because of $1.5B gain from Circle investment plus $362M crypto gains, as core trading fees no too strong. Stablecoin company Tether report $4.9B net profit, backed by $1.27T US Treasuries plus $89B Bitcoin reserves. Robinhood make $989M revenue, crypto trading revenue rise 98%, boost net profit to $386M. Kraken see revenue fall to $412M and adjusted EBITDA drop to $80M because trading volume slow; dem plan to add stock and derivatives services and go for IPO in 2026. Riot Platforms double revenue to $153M, mined 1,426 BTC and report $219.5M net profit. Dis crypto earnings show wider trend in the industry from only trading fees to many kinds of financial services, tokenized assets and derivatives. Traders need to watch how well Bitcoin yield dey do, how firms fit adjust to rules and market volatility for chance to trade well.

Metaplanet don buy 463 BTC for average price of $115,895 during one kain 5% price dip for August, dem spend ¥8 billion ($53.7 million). This one make their total Bitcoin dem get reach 17,595 BTC wey value pass $2 billion—na im make dem be the seventh largest company wey get Bitcoin. To fit continue dey buy more Bitcoin until dem reach their target of 210,000 BTC by end of 2027, Metaplanet go issue up to $3.73 billion for perpetual preferred shares wey get as e be up to 6% annual dividend, e mirror MicroStrategy way dey preserve equity. Corporate Bitcoin adoption still dey increase: 162 companies wey dem list for stock market now get BTC, plus institutional buyers add $7.8 billion for late July even though e get $812.3 million wey waka comot from spot US Bitcoin ETF on August 1. This steady Bitcoin buying somehow show sey confidence dey grow for Bitcoin as one long-term asset wey Companies fit use for treasury.

El Salvador dem Bitcoin reserves don rise by 8 BTC dis week, bring di total Bitcoin reserves to 6,258.18 BTC (about $715 million). Dis show say dem dey keep dey add Bitcoin every week since una legalize am as legal tender for 2021. Government talk say di plan na to diversify assets, make financial system open for everybody, reduce remittance cost plus attract global crypto investment. As one of di biggest country-level BTC holders, El Salvador steady buy show say dem get beta confidence for crypto adoption. Traders suppose sabi say dis open way of building reserves fit support market mindset and make oda countries start to check sovereign crypto reserves, wey fit help stabilize price wahala.

XRP price don drop 17% from im all-time high wey na $3.65 for July, e come slide go around $2.99 as momentum don cool down. On-chain data show MVRV death cross—wey mean say short-term market value dey below realized value—this one dey show say risk for more down move high. Trading volume don drop over 23% to $4.83 billion, as derivatives open interest rise 2% to $7.33 billion, and derivatives volume fall 34%, e mean say traders dey careful dey hold their position for uncertain market. Technical side, XRP price dey trade under im 10-day and 20-day EMAs of $3.02 and $3.01, e dey give sell signals. RSI stand for 51.3 (neutral) and Stochastic RSI near 14 dey hint say market oversold and short-term bounce fit happen. Longer-term EMAs for $2.79 (50-day) and $2.34 (200-day) still dey support uptrend. The main resistance dey $3.20, support levels dey $2.95 and $2.75; if e break below $2.75, e fit open $2.50 zone. Traders suppose dey watch these technical indicators, trading volume and the MVRV death cross well well to sabi the momentum and next move for XRP price.

BitMEX co-founder Arthur Hayes don sell crypto worth $13M dis weekend, as e sell off 2,373 ETH, 7.76 million ENA and 38.9 billion PEPE. E talk say US tariff wahala dem, weak nonfarm payrolls and slow credit growth fit make deflation risk, so e put more than 80% of the money for USDC stablecoin for dis crypto sell-off. For X, Hayes talk say Bitcoin fit reach $100,000 and Ethereum fit come back to $3,000 because of gbege wey dey for geopolitical area and wan small momentum wey altcoin get don weak. The whole crypto market cap na $3.62 trillion, BTC drop 4.2% for the week dey near $114K and ETH drop 8.6% dey near $3,500. Traders suppose dey watch tariff level, stablecoin movement and important job data to know how market go move.

As Bitcoin price dey cool down and big cap tokens dey lose momentum, altcoin rotation dey happen as traders dey shift money go early-stage tokens and mid-cap projects wey get better tokenomics and strong community backing. Bitcoin dominance dey go down, trading volume for low-cap ecosystems dey increase, plus new wallets dem dey grow, dis show say people wan take more risk. New projects dem dey often launch through easy presales or private channels, wey get chance to breakout before dem list for big exchanges. One big example na MAGACOIN FINANCE, wey get weekly peaks for investor participation and tight token distribution like early times for SHIBA INU and DOGECOIN. E low market cap and dey gain visibility for platforms like CoinGecko don create buzz before presale close and exchange listings. From past patterns, including PEPE parabolic rise, e show say timing plus narrative-driven early altcoins fit give big returns. For traders, the key be to act before hype peak. If you monitor on-chain activities, community metrics, and tokenomics, you fit find high momentum assets. Early entry like MAGACOIN FINANCE fit bring big gains as market cycle dey favor new stories.

SharpLink Gaming don dey increase dia Ethereum collection sharp sharp, dem add 30,755 ETH for early August to make dia treasury reach 480,031 ETH (about $1.65 billion). Di money wey dem use na from private placements and share issuances, and all di money dey staked to earn passive yield. Di main people now na co-CEO Joseph Chalom and chairman Joseph Lubin. Analysts split: some talk say demand from institutions for Ethereum strong, others dey warn say SharpLink stock dey trade almost four times di ETH value, which fit bring premium risk. Dem bin dey lead corporate ETH holders small time, now dem dey second after Bitmine Immersion Technologies (625K ETH). On-chain data — including $108.6 million USDC wey dem send to Galaxy Digital’s OTC desk — dey show say dem go buy more ETH. Meanwhile, Ethereum dey trade near $3,406, e near e 200-day SMA at $3,222; if e bounce pass $3,600–3,700, e fit bring back bullish momentum. Traders suppose watch SharpLink accumulation pace, valuation premium and Ethereum critical support levels when dem wan plan positions.

Bitcoin drop 7.5% from im record high wey near $123,250, e test di 50-day EMA again make e form “perfect bottom.” Normally, dis moving average dey give strong support, e spark 25% rebound for June after similar fallback before. Analysts talk say if e drop again reach di $110,000–$112,000 level, e go make dis base strong before di next rally. Price still test di neckline of inverted head-and-shoulders pattern. If breakout confirm, e fit drive Bitcoin go $148,250, and market people dey eye di $150,000 level for 2025. On-chain data from CryptoQuant show say whales carry profit three times—when US spot ETF approve, when e pass $100,000, and when e breakout $120,000—then each time, price go enter two to four months consolidation phase. Dis kind cooling time usually make way for more buying and new all-time highs. Di way situation dey now show say the recent drop na better reset for Bitcoin, e dey prepare ground for possible rally near $150,000.

One anonymous Smart Money Wallet lead one $138 million Ethereum sell-off by selling 38,582 ETH dis week. On-chain analysis show say e acquire 77,700 ETH for Kraken since early 2024 at average cost of $2,600 per token. By selling at average price of $3,577, the wallet secure $36.6 million profit. E still hold 25,054 ETH, mainly deposit for Aave for ongoing DeFi strategies. This big scale Ethereum sell-off show say smart traders dey take profit and rebalance their portfolio. Even though such sale fit cause short-term downward pressure for ETH prices, deep liquidity and steady demand fit absorb the supply without big wahala. Traders suppose track the Smart Money Wallet movements, use on-chain analytics, and apply disciplined strategies like diversification and dollar-cost averaging to navigate potential market changes.

Arthur Hayes wey be Maelstrom Fund CIO dey warn say tough macro headwinds like new tariff wahala, slow credit growth, plus weak US non-farm payroll data (only 73,000 job enter for July) fit push Bitcoin go as high as $100,000 and Ethereum reach $3,000. E sell $8.32m worth of ETH, $4.62m of ENA plus $0.41m of PEPE beforehand, move e money enter $22.95m USDC and $28.3m other tokens. Bitcoin don fall 7.7% from the $123,000 peak, Ethereum sef down 12.5% from $3,900. Even though Hayes get bearish mind, some analysts dey expect say corrections no go deep like before.