Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Altcoin Season Index don drop reach 40, e mean say Bitcoin Season go last longer. For the past 90 days, Bitcoin don perform pass more than 75% of the top 100 altcoins dem. Less than 25% of altcoins beat how Bitcoin perform, this one push capital flow enter BTC and make Bitcoin market dominance grow while e reduce altcoin wahala (volatility). Main things wey dey drive this change na macroeconomic wahala, institutional money wey dey enter through spot ETFs, waiting for halving, plus Bitcoin get digital-gold story. Traders suppose dey gather Bitcoin with dollar-cost averaging and make dem dey rebalance dem portfolio to put more weight for BTC. Dem gats also check out altcoins wey get better chance before next altcoin season and make dem dey manage risk well for tokens wey no too dey perform. For history, altcoin seasons dey follow when Bitcoin dominance peak, new DeFi/NFT story, economy stable or big altcoin upgrades happen. If dem dey watch these triggers plus Altcoin Season Index, e go help traders fit position well for next altcoin season cycle.

Etherex dey ready to launch im own REX token on top August 6, dem go dey offer 100% liquidity rewards to whoever provide am. The REX token fit convert to xREX under one x33 tokenomics model wey dey give governance voting rights plus 100% of trading fee distributions. E build for Ramses v3 plus e dey upgrade Nile Exchange, Etherex dey optimize transaction processing, trade execution and liquidity management. This governance-driven design mean say community interest go align with platform growth, e go also promote deeper pools and boost long-term engagement for DeFi.

Ethereum carry comot 60% price increase for July because of record ETF inflows and retail people dey take profit. More than 1 million ETH don comot from exchange within two weeks as big whales plus high wealth investors dey gather more. Ethereum derivatives still dey strong: futures open interest near $22.4 billion and funding rate steady around 0.0049. On-chain data show say fundamentals good and selling pressure low. Technically, ETH dey hold ground above $3,450, with RSI at 52.4 and MACD near bullish crossover. Traders suppose dey watch ETF inflows, whale moves, and withdrawals from exchange for possible breakout signs.

XRP don fall below di key $3 level, extend 13.6% drop since late July as selling pressure sharp since Bitcoin drop 5% recently. Technical indicators for 12-hour and daily charts dey confirm bearish momentum: Accumulation/Distribution line dey go down, Awesome Oscillator negative, and Directional Movement Index show strong downtrend wit –DI pass +DI and ADX over 20. Next important support na $2.6, wey carry fair value gap and previous range highs, make am key level for traders. On-chain data from Glassnode show say exchange inflows peak around mid-July and still net positive, while percent supply wey dey make profit pass 90% at July 23 peak. But XRP MVRV Z-Score dey below historical peaks, mean say token no overvalue and get long-term upside potential. Traders suppose watch $2.6 support for potential entry and dey observe changes for on-chain metrics and technical indicators as sign say trend fit change.

Ripple don apply for Office of the Comptroller of the Currency (OCC) for one limited-purpose national trust bank charter to make Ripple National Trust Bank, wey be subsidiary fully owned by Ripple Labs. The trust bank go hold RLUSD reserves and dey provide fiduciary services for digital payments—dem go dey focus on tokenization and business-to-business solutions without accepting deposits or issuing loans. Ripple dey also try get Federal Reserve master account to waka around intermediary banks, reduce transaction costs, and make settlements fast. Governance go dey under five-member board wey Chief Legal Officer Stuart Alderoty go lead. This charter go put RLUSD stablecoin services under OCC supervision, wey go make regulatory compliance and scalability better. Confidential parts of the application talk about one potential IPO and show say Ripple get bigger aim to strong US financial infrastructure, improve payment efficiency, and make institutions trust its digital assets more.

Since 2020, global banks don put over $100 billion for blockchain investments, dem don complete 345 deals on tokenization, cross-border payments, and custody services. Citigroup and Goldman Sachs lead with 18 investments each, followed by JPMorgan Chase and Mitsubishi UFJ wey get 15 each. Thirty-three mega-rounds (wey pass $100 million) include projects like Brazil’s CloudWalk ($750 million+) and Germany’s Solaris ($100 million). Survey wey involve 1,800 financial executives show over 75% expect blockchain operations go important within five years. Regulatory frameworks like the US GENIUS Act and the EU’s MiCA dey boost stablecoin volumes, wey dem project go reach $700 billion per month by 2025. Banks dey shift from just trading digital assets for profit to building long-term infrastructure for tokenization, compliance, and digital identity. This steady blockchain investment trend dey show good outlook for crypto infrastructure adoption.

Spartans don lead for crypto betting as dem dey offer 5,963 games, transparent 300% welcome bonus with 35x wagering and seven-day window, plus dem dey give instant BTC, ETH, and USDT withdrawals with stable max-cashout limits. The platform get global sportsbook wey cover top leagues and UFC, games wey people fit trust as RTP dem publish, and mobile web access wey no need to download. Spartans also get full affiliate program (CPA, rev share, hybrid) and exclusive VIP rewards like Lamborghini draw. Compared to DraftKings wey dey do fiat live bets wey slow payout, and Betsson wey get region-lock bonuses and waka rules, Spartans don set new standard for speed, fairness, and worldwide access for crypto betting.

USA Today, through Motley Fool syndication, names XRP as di smartest cryptocurrency to buy wit $500 allocation. E talk say XRP get $170 billion market cap, don dey around for long time and get strong institutional backing. Di report compare XRP fast and cheap international payment wit di slow and costly transactions wey Bitcoin and Ethereum get. Recent regulatory moves—like Ripple withdraw im SEC appeal plus di GENIUS Act pass—show say regulatory stability for XRP dey grow. Di article highlight XRP real-world use and utility, wey make am different from di high-volatility meme coins dem. Dis mainstream media endorsement go boost investor confidence and bring in new retail interest. Traders suppose dey watch XRP price momentum, liquidity levels, plus more institutional partnerships, focusing on steady gains over quick spikes.

Little Pepe dey trade below $0.002 after e don raise over $13 million for im Stage 8 presale, now e price na $0.0017 per token and e dey near sellout. E build for Ethereum Layer-2 chain, dis meme coin dey offer ultra-low fees, settle transactions under one second, get sniper-bot protection plus im own launchpad for future projects. Early presale success and quick listing for CoinMarketCap don clear road for upcoming Tier-1 exchange listings and token launch. Traders dey look key catalysts—the presale transition, big exchange debuts and platform integrations—to sabi the upside potential. Projections dey show like 10× short term and fit go over 2,000× by late 2027, Little Pepe na high-risk, high-reward chance for crypto traders.

Mutuum Finance (MUTM) don sell 10% of their Phase 6 token allocation for $0.035, dem collect over $13.9 million from more than 14,800 holders. The presale price go increase by 15% to $0.040 inside Phase 7, with insiders dey eye up to 20× gains when dem list am. Mutuum Finance get backing from CertiK audit (Token Scan 95, Skynet 78) plus $100,000 bug bounty, wey show say dem get strong security standards. E dey build for Layer 2 blockchain, the DeFi protocol dey offer low fees, quick settlement, plus smart contract–based mtTokens wey dey auto-accrue interest. Users fit deposit USDT into peer-to-contract lending pools for over 10% APY while still get liquidity. Borrowers fit pledge ETH or BTC at dynamic loan-to-value ratios, and peer-to-peer module dey allow negotiated lending terms. One algorithmic, over-collateralized stablecoin go maintain im $1 peg via burn-and-mint mechanism. With plan to list for $0.06 price and expected launches for Binance, MEXC, and Coinbase, plus ongoing buyback rewards and $100K giveaway, traders suppose watch MUTM for both short-term momentum and long-term DeFi utility.

Bitcoin exchange inflows don sharply jump reach around 7,000 BTC per day. Dis surge na caused by big whale deposits and liquidation from short-term holders. For August 1, short-term holders sell over 40,000 BTC for loss, na highest daily volume since mid-July. Net exchange inflows enter 16,417 BTC as CryptoQuant’s Exchange Whale Ratio climb pass 0.70, wey dey signal say selling pressure don increase. Meanwhile, major US spot Bitcoin ETFs record $812 million outflows—one of the biggest drawdowns till now. Big order-book activity also show say one serious trader dey find liquidity to waka comot big positions before the week. Bitcoin price drop below $112,000 but later try to reclaim the $114,000 level. Traders suppose dey track Bitcoin exchange inflows and whale movement well-well. Continued selling pressure from whales and short-term holders fit trigger deep price correction. But if dem fit reclaim key resistance levels, e fit bring back bullish momentum. BTC market volatility go increase soon.

Kuvi.ai don secure $700,000 for seed funding wey Moon Pursuit Capital lead, and Michael Terpin from Transform Ventures plus Web3 investor Dennis Liu join body, wey value the AI crypto trading platform at $30 million after money reach. The money go help develop better AI crypto trading algorithms wey dey use machine learning and real-time market analysis to make trading accurate when market dey shake. Kuvi.ai use message-input interface for commands to reduce human mistake and to automate trade execution. The funds go also support product development, user acquisition, and strategic partnerships. People wey dey watch the industry expect say Kuvi.ai growth go push people to use AI-driven trading tools more, affect trading volumes and how volatility go dey, plus give traders better chance inside fast-moving crypto markets.

Bitcoin price don jump pass $114,000, e dey enter strong because plenty big big organizations and sovereign wealth funds dey put money for Bitcoin after the latest halving cycle. All dis dey make market liquidity and trust for Bitcoin increase. Big wahala for economy like fear of inflation and geopolitical tension don still make Bitcoin dey shine as digital hedge. Market capitalization don reach over $2.2 trillion and daily trading volume don climb to about $50 billion. Dis kain rally dey make altcoin season bubble too, Ethereum (ETH) and Solana (SOL) prices dey go up. Na like how e been be for 2017 and 2021 bull runs, e get plenty chance for big growth but e still get risk of wahala. Traders wey dey watch Bitcoin price suppose dey use strategies like dollar-cost averaging, manage risk well and keep Bitcoin for safe place. Them need still dey check any law change or people wey dey collect profit make dem fit handle the good momentum well well.

XYZVerse presale don raise pass $15 million as XRP dey trade near $2.88 and SOL just dey steady for $170, e dey spark FOMO. The sports-theme memecoin don jump from $0.0001 to $0.005 and e dey enter im final presale round at $0.02, with target to list for $0.10. XYZVerse tokenomics allocate 10% for airdrops, dey do regular burns and dey reward community engagement. Early buyers fit get returns as high as 1,000x. Meanwhile, XRP fast settlement and fixed supply dey support im cross-border use case, even with 10% pullback. Solana still dey relevant for low fees and high throughput. Traders suppose watch XYZVerse upcoming exchange listings for short-term gains and keep eye on long-term adoption drivers.

XRP on-chain activity surge reach 1.35 billion XRP for daily transfer on August 2, e carry 60% price jump from $2.75 low go pass $2.97. Key technical signals strong: 26-day EMA hold support, RSI bounce from mid-50 line, e confirm say market don reset. Trade volume dey increase and consecutive green candle dem show say accumulation strong. Dis increase for XRP on-chain activity mean network demand dey rise and fit build base for steady growth. Traders dey look for strong breakout pass $3.20–$3.40 range to confirm full bullish reversal and second round of higher highs.

Crypto Casinos 2025 dey consolidate blockchain gaming innovations for top platforms by blending no-KYC, games wey fit be proven fair, plus fast crypto transactions. Top sites like Dexsport dey provide full decentralised and privacy-focused experience with over 10,000 games plus support for BTC, ETH, and USDT. BC.Games and BetFury dey boost player rewards with daily bonus spins, bonus wheel, and DeFi incentives like BFG token dividends for TRON. Stake.com and Thunderpick offer smooth live dealer tables and free spin tournaments, while new players like Vave Casino, Rollbit and Metaspins dey add gamified interfaces, NFT features, and daily spin bonuses. TrustDice and Gamdom dey keep community-driven models with provably fair play and chat giveaways. Traders wey dey check crypto casinos suppose consider variety of games, bonus terms, security measures and transaction speed. This surge for DeFi rewards, on-chain transparency and freedom for transaction na clear sign for wider crypto adoption and strong market for 2025.

Trump Media and Technology Group don gather Bitcoin treasury worth $2 billion through spot purchases plus crypto securities. Dem launch one options-based plan worth $300 million wey fit turn to more BTC. Total financial assets jump go $3.1 billion after dem raise money from institutions. The company record im first correct operating cash flow of $2.3 million. Management go use the returns from their crypto treasury to fund Truth Social expansion, including Truth+ subscriptions, AI integration, and one planned utility token. The group plan to launch crypto-focused ETFs and managed investment products. Despite all these developments, the shares fall reach $16.92 because people dey take profit. Traders suppose dey watch how companies dey adopt Bitcoin and options market signals.

Pi Coin don drop almost 90% from im February peak, land for record low of $0.322. The fall come fast after Pi Network talk on August 2 say make token lockup mandatory with up to 200% mining boosts. Even though the lockup cover tokens before and after migration, big wahala with KYC and delay for Mainnet migration don stop plenty users from comot or move their Pi Coin holdings. Unreleased tools like Pi Domains and Pi App Studio plus wahala with repeated technical bugs don make people trust am less. Later this month, 160 million tokens (about 2.1% total supply) go unlock and mining rate go reduce, wey fit make price go down more. Technical signs for TradingView—RSI 23.87, MACD under signal line, and negative SMI—show say bearish momentum still dey strong. Traders make dem watch how Pi Network go deal with users wahala and technical palava, because volatility still dey high.

Mutuum Finance don move go Phase 6 for dia decentralized lending protocol presale for MUTM token, wey price be $0.035 each token and dem dey target 600% profit by Q1 2026. Dis non-custodial DeFi platform dey offer peer-to-contract and peer-to-peer borrowing: lenders dey put USDT or DAI inside smart pools to get interest-bearing mtTokens, while borrowers dey use collateral like ETH (blue-chip assets) take secure loan without to sell dem holdings. Users fit stake mtTokens make dem earn MUTM rewards from protocol revenue wey dem buy back. Mutuum Finance security strong as e get CertiK audit (TokenScan score 95, Skynet 78) plus $50,000 bug bounty program. More than 10% of the 170 million MUTM supply don sell, presale don raise $13.9 million from over 14,800 holders. Phase 7 go increase token price to $0.04, na last chance to get discounted price. Overcollateralized stablecoin mechanism go start soon to mint token when loan dey given and burn dem when loan dey repaid to keep $1 peg. Layer-2 integration dey plan to reduce gas fees and make transactions faster. Early investors don dey enjoy up to 6× returns and analysts dey predict say prices go pass $1.50 after listing, show say traders interest dey grow.

On August 2, 2024, one crypto user lose $908,551 for USDC after dem fall victim to one ERC-20 phishing approval scam. For April 2023, dis user no sabi grant token approval through fake airdrop website, weh give di attacker ongoing access to di wallet. Di scammer wait 458 days till two big USDC deposits land for July 2024, den dem do di drain. Dis kind delayed strike tactic dey common for ERC-20 phishing scam dem as attackers dey watch big money wey enter before dem act. Security experts dey recommend say make people dey audit ERC-20 token approval dem regular and dey use tools like Etherscan’s Token Approval Checker to revoke unnecessary permissions. Even though revoke go cost gas fee, quick action fit stop big loss. For July 2024 alone, big hacks including di CoinDCX exploit make dem thief over $142 million for di market, show how di threat still dey. Traders suppose put wallet security for front, dey monitor token approvals, and use proactive risk management to protect their funds.

One crypto whale don move 25,540 ETH from FalconX go two Ethereum 2.0 staking addresses recently. Before this, e put 35,615 ETH, make total wey e don stake be 61,155 ETH. Because price don drop recently, this whale dey face unreal loss of about $10 million now. Big ETH staking dey reduce how much ETH dey around and e show say dem get strong confidence for Ethereum 2.0 upgrade. But staking rewards suppose balance with market wahala and risk from wahala for price. Traders suppose use on-chain analytics track how whale dey move stake and fit predict how ETH price fit move because supply tight and wahala for price dey.

Chainlink (LINK) fall 17.2% last week, e start from $19.5 go key $15.5 demand zone. Dis move follow Bitcoin 4.9% drop from $119,800 reach $113,600. On-chain metrics dey show say profit-taking fit don almost finish. Santiment data show spike for Dormant Circulation on August 1 and drop for 90-day Mean Coin Age. MVRV ratio don fall near zero, mean say holders profit dey reduce. Technically, LINK RSI still under 50 and On-Balance Volume dey fall, na bearish momentum be dis. But $15.5 demand zone dey strong because of 50-day moving average and FRVP Value Area Low for $15.7. Traders suppose dey watch for more buying volume around $15.5 and Bitcoin rebound to confirm say reversal go happen.

SharpLink dey gather Ethereum gats dey grow. Dem transfer 108 million USDC go Galaxy Digital make dem fit buy 14,933 ETH for average price $3,550. After dem buy $53 million worth Ethereum before, SharpLink return $55.56 million USDC before dem continue to buy. Since June, dem don buy 464,000 ETH wey dey worth $1.62 billion for average price of $3,029, and dem get about $214 million unrealized profits. Under the leadership of Ethereum co-founder Joseph Lubin, SharpLink’s institutional plan show sey crypto adoption dey rise and e dey signal better chance for Ethereum traders dem.

For August 2, 2025, on-chain intelligence company Arkham show say Chinese mining pool LuBian suffer one Bitcoin theft for 2020 with 127,426 BTC—wey worth about $3.5 billion—wey still dey on-chain and nobody notice am for close to five years. Recent transfer wey be about $6 million stolen assets don cause worry about blockchain monitoring and wallet security again. No suspect dem mention, but Arkham analysis dey show say we need real-time risk alerts, better detection system and stricter compliance. Even though the theft na big one, Bitcoin price and trading volume still stable after dem reveal the matter. Experts dey compare the matter with Mt. Gox collapse and dey expect say better security protocols and stronger regulatory oversight go follow this Bitcoin theft.

Bitcoin mining difficulty don hit highest level ever of 127.6 trillion dis week, make average block time reach 10 minutes 20 seconds. CoinWarz data show say the jump follow middle of year low wey be 116.9T end of June. Analysts dey predict say Bitcoin difficulty go drop 3% go 123.7T for August 9 adjustment, wey go give miners small relief for short time. The difficulty adjustment dey reset every 2,016 blocks based on how network hashrate change: as hashpower go up, mining difficulty go increase; if miners waka commot, e go fall. With 94% of 21 million BTC don mine, Bitcoin stock-to-flow ratio dey near 120—twice as much as gold—show say e scarce. The coming drop fit lower mining cost small time, while the protocol’s adjustment mechanism keep block time steady and Bitcoin’s deflationary issuance schedule steady.