Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

XRP dey face one critical support zone wey dey between $2.80 and $2.95. For the 4-hour chart, the RSI dey show bullish divergence as price dey record lower lows. The daily chart get one Dragonfly Doji, wey mean say strong buyer intervention dey happen anytime price dey drop. XRP dey form falling wedge pattern, the main breakout level na the wedge’s upper trendline near $3.07, wey also match the 0.236 Fibonacci level. If price fit close well pass this level, e fit trigger 20% rally reaching $3.60–$3.65 by late August. Traders suppose dey watch to see if XRP fit hold above $2.80–$2.95 to confirm say new bullish momentum dey ground. All traders suppose do their own research; trading get risk.

Crypto stocks drop after US Bureau of Labor Statistics talk say only 73,000 new jobs for July instead of 100,000 wey dem expect. Weak nonfarm payrolls make market waka up and down and make people dey fear recession. US dey talk again say dem go add 10%–41% tariff for Chinese goods wey get new route, this one make investors no happy. Bitcoin fall below $115,000 from nearly $120,000, this one make pressure dey on crypto stocks wey follow BTC price. Core PCE inflation still strong, e dey block Federal Reserve plan to cut rate. Futures markets still dey expect Federal Reserve go cut rate some times later this year, but the latest data say economy still get wahala. Expert Jeffrey Schulze for ClearBridge Investments talk say weak job growth plus tariff wey dey rise fit make labor market small again. Traders suppose watch US nonfarm payrolls, tariff talks and Bitcoin price how e dey behave. If BTC steady over $120,000 fit help crypto stocks recover. But if labor market weak long time or tariff high, e fit still pressure risk assets.

For August 1, one Bitcoin whale wey don sleep for long reactivate im 12.4-year-old wallet come transfer 306 BTC (like $35.3 million) waka enter two new addresses. On-chain analysis show say this Bitcoin whale transfer fit mean say im dey do security upgrade or rearrange im funds, no be to sell quick quick. Dem divide the transfer into two transactions wey get normal fee, e show say na regular fund management dem dey do. Even though 306 BTC no big compared to daily trading volume and e no affect Bitcoin price sharp sharp, this kind rare activity fit affect market feeling. The matter still show how important on-chain analytics, cold storage and seed-phrase backups be for long-term Bitcoin keeping. Traders wey dey watch Bitcoin whale movement suppose watch this kain wallet wey don dey sleep wakka again to understand how whales dey behave and if money fit move for market.

CoinDCX waka happen for July 19 when bad guys use fake work offer make dem fool one worker make e run some task for im company laptop. Dis social engineering attack give dem access to inside systems. Them use the worker corporate power comot $44.2 million for Solana (SOL) and Tether (USDT) from liquidity wallet via Jupiter aggregator. Bengaluru police don catch software engineer Rahul Agarwal, but e no clear if e involve or na as dem deceive am. Authorities dey find outside wallet make dem fit recover the money, CoinDCX dey offer bounty of like 25% of the money wen dem recover. The exchange cover all customer loss from im own money, make sure sey user fund safe. This CoinDCX hack show how insider wahala and social engineering dey increase, cause make dem talk say make dem tighten internal security for crypto trading.

Gemini co-founders Tyler and Cameron Winklevoss dey urge Senate Agriculture Committee make dem block Brian Quintenz for CFTC nomination, say e get conflict-of-interest because of im roles for a16z and as Kalshi board member. FOIA emails show say im incoming CFTC team dey find confidential data about Kalshi competitors. As response, White House request make dem delay committee vote, show say dem get wahala about regulatory transparency and possible bias for CFTC nomination. Crypto traders suppose dey watch dis saga well because e fit affect how CFTC policy go be for future and market conditions generally.

US Congress don pass GENIUS Act wey establish di first federal framework for fiat-back stablecoins. Di law set strict stablecoin regulation: issuers suppose get federal license, hold 1:1 reserves for top quality liquid assets, make independent reserve audits, and show full transparency. Di Act still ban yield-bearing stablecoins. Di ban na to separate payment-focused tokens from tokenized money-market products and reshape how DeFi balance between pure payment tokens and yield products be. Fabian Dori, CIO at Sygnum Bank, talk say dis new stablecoin regulation go give legal certainty, boost institutional adoption, and promote responsible innovation plus financial stability. Compared to Europe wey dey cautious with digital euro, US dey favor innovation. Crypto traders suppose watch licensing timelines, reserve disclosures and stablecoin usage changes to check potential market moves.

Congress don pass GENIUS Act wey introduce di first full US stablecoin regulation. Di stablecoin regulation go help boost trust and make am mainstream. Di law require 100% reserve backing for cash or better assets, strict AML/KYC controls, monthly reserve disclosure, and yearly PCAOB audit for big issuers. E set dual oversight: Fed and OCC go dey check issuers wey get over $10 billion, state regulators go dey deal with smaller ones, plus give holders priority when bankruptcy show. Dem ban yield-bearing stablecoins to protect consumers but e fit make users go DeFi. One big loophole dey wey exempt offshore issuers like Tether, dem need only follow some undefined ‘comparable’ standards. Tether don promise say dem go comply plus plan make domestic stablecoin. Di Act open stablecoin issuance to banks and retailers, like Bank of America and Amazon, e fit increase demand for US Treasuries. Traders suppose watch market share move to compliant alternatives and sharp changes when transition dey happen.

Hashgraph Group (THG) don launch IDTrust, one self-sovereign identity (SSI) platform for Hedera network. E dey run by AI, plus Hedera Consensus Service stateless proofs, IDTrust fit issue, manage, and verify digital credentials without central authority. Users dey get full control of their personal data and dem no need hold HBAR tokens or use Hedera key schemes. IDTrust design dey avoid ledger bloat and e dey reduce validator strain while e dey add authorization ability along with identity proofs. CEO Stefan Deiss talk say the decentralized trust model na wetin make e different from Polygon ID, Worldcoin, and Microsoft Entra. The launch dey align with global digital ID efforts—like Switzerland e-ID framework wey dey come and Vietnam national blockchain identity platform—and THG dey work with Swiss authorities to make sure say e-ID compatibility and W3C verifiable credential support for IDs and driver’s licences dey.

Global crypto exchange MEXC don show TRON stock futures through USDT-settled TRON/USDT pair. Dis TRON stock futures no get trading and funding fees, get deep liquidity, and fit use up to 5× leverage. Maker and taker fees na 0.01% and 0.04% respectively. Users fit take long or short positions on Nasdaq-listed Tron Inc. shares. Tron Inc., wey before dem dey call SRM Entertainment, get over 365 million TRX tokens, don deploy $100 million TRX treasury, don put TRX staking for JustLend, and dem ring Nasdaq Opening Bell on July 24. Dem launch am on August 1, 2025. Dis listing dey show say demand for tokenized equities dey grow and e dey bridge traditional finance with digital assets, e still dey provide institutional-grade infrastructure for diversified crypto derivatives trading.

XRP price drop sharp by about 8% come near $2.90 as crypto market dey do wahala. Trading volume jump 28% reach $8.2 billion as panic selling dey hit XRP and other big coins. On-chain data show say whales dey sell about $28 million XRP every day for the past 90 days, wey add to $758 million total liquidations, including $41 million XRP positions. Technical analysis talk say things no too good: RSI dey 48 and MACD don do bearish crossover. The main support dey for $2.80–$2.73, resistance dey for $3.00 and $3.23. If e fall below $2.73, e fit target $2.00 level, but if e bounce back $3.00, e fit chase $3.55–$4.00. Exchange balances dey drop and sell pressure dey rise, mean say better caution needed as downside risk still dey for traders.

Ray Dalio don sell im last stake for Bridgewater Associates and comot from di board after 50 years. Bridgewater issue new shares go Brunei sovereign wealth fund, wey make dem get almost 20% stake. Dalio talk say economic downturn go worse pass recession, warn about global debt crisis and compare di wahala to 'economic heart attack' if US budget deficit still dey pass 3% of GDP. To cover against currency devaluation and market wahala, e raise im recommended Bitcoin allocation from 2% to 15% and still dey recommend gold as safe place. E praise Bitcoin as 'one hell of an invention' and confirm say e get small Bitcoin, even though e still like gold. Even with past wrong calls—like di wrong 1982 depression prediction—Dalio updated Bitcoin strategy show say investors dey start to like crypto hedge again because of economic wahala.

El Salvador legislative assembly don approve changes for their constitution wey go allow President Nayib Bukele to fit run for president again dey go on indefinitely. Dem extend the term from five years go six, dem cut off runoff votes and dem join the presidential election and legislative election together, to save like $50 million every election cycle. Critics dey warn say this fit concentrate power, weak the democratic checks and fit bring wahala of authoritarianism, especially as some opposition lawyers don dey arrested. But supporters talk say with 78% people approval, this way dem dey return power to people and the money wey dem save fit be used for public projects. For crypto side, government talk say dem dey buy Bitcoin everyday, dem get 6,255.18 BTC even though IMF talk say no new buy since the $1.4 billion loan wey dem get for December 2024. El Salvador still sign agreement with biggest bank wey dey Bolivia to make crypto infrastructure better for the region. Traders suppose watch how this power centralization from presidential reelection plan and the way government dey handle Bitcoin fit affect market confidence and how people go fit use crypto well.

Cboe and NYSE Arca don put forward plans to change SEC rules to quicken crypto ETF approval dem by cut SEC’s 19b-4 review time from 240 days go down to about 75 days. The plan na to update Cboe Rule 14.11(e)(4) and NYSE Arca Rule 8.201-E to replace di usual case-by-case approval with clear rules about asset type, liquidity and market moni yer, make crypto ETFs dey like traditional commodity funds. This one come after SEC approve in-kind redeeming for spot Bitcoin and Ethereum ETFs plus new law waka from the GENIUS and CLARITY Acts and White House framework. Analysts talk say with this, crypto ETF go list faster, unlock institutional money, and give investors more choices including altcoins like Solana (SOL), Avalanche (AVAX) and XRP. But critics warn say the new streamlined rules fit make big tokens benefit, small projects go suffer side. SEC pause on Bitwise 10 Crypto Index ETF and Grayscale conversions show say dem still dey careful. If the changes happen, e go quicken new fund launch, boost institutional investments and sign big step for digital asset normal use.

Strategy report say e make record profit for Q2 wey reach $10 billion, wen e get $13 billion BTC fair-value gain be di reason. Operating income jump 7,100% year on year reach $14 billion. Di firm get 628,791 BTC (about $73.3 billion) and dem raise dem full-year BTC yield target to 30% and Bitcoin gains goal to $20 billion. Strategy talk say dem go issue $4.2 billion preferred share (STRC) to fund up to 36,128 BTC buys under the $84 billion “42/42” acquisition plan. Even though crypto dey perform well, shares close for $401.86 and drop 1.4% after hours. CEO Phong Le talk say di stock be “misunderstood and undervalued” and e yan Strategy low P/E for S&P 500. Co-founder Michael Saylor and Le dey push for clear U.S. crypto regulation before the Digital Asset Market Clarity Act review.

SatoshiMeme ($SATOSHI) launch dia e eight-phase presale for August 1, 2025, 18:00 UTC+9, wey dem offer 8 billion tokens for phase one wit 50% discount. Traders fit buy $SATOSHI wit USDT for TRC-20, Solana, or BSC, send money, install WONPAY MicroBitcoin wallet, and email their TXID to get tokens automatically inside 24 hours. E get support from P2P Foundation and Commons Foundation, SatoshiMeme dey run for MicroBitcoin (MBC) network to bring back Satoshi Nakamoto’s micro-economic currency dream. Wit strong social media buzz and big exchange listings wey dey come, presale go sell out fast, giving good chance for early meme coin investors.

Coinbase Q2 revenue for 2025 reach $764 million, small small below wetin analysts forecast, Bitcoin carry 34% share. XRP revenue share rise to 13% for Q2 and 16% for H1, pass Ethereum 12% for Q2 and 11% for H1, because e relist for July 2023 after SEC give better ruling. Stablecoin revenue jump 44% year-on-year, USDC demand lead am. Coinbase crypto treasury still dey BTC-centered, dem hold $1.3 billion for BTC, $300 million for ETH and $200 million for other tokens. Traders fit see the increase for XRP and stablecoin revenue as good sign, e show say market dey change. Amid all these changes, Coinbase Q2 revenue show say traders preferences don dey diverse.

For August 1, Hong Kong Stablecoin Law don start to dey work, e begin official stablecoin license system. Hong Kong Monetary Authority (HKMA) go dey take applications for fiat-backed stablecoins wey dey pegged to HKD and USD until September 30, 2025, and dem plan to issue first licenses early 2026. Big companies like JD.com and Standard Chartered don show say dem get interest, but first approvals go dey only for select qualified issuers. The framework require 1:1 reserve ratio, limit adverts to only licensed entities to stop scam, and make issuers put geo-blocking measures against banned areas, even VPN access. Companies must inform HKMA by August 31 and submit full applications by September 30, 2025. Stablecoin licensing rules dey aim to make market stable, protect investors, and give transparency, align Hong Kong with global compliance trends and make am still be major crypto and finance hub.

South Korea Financial Services Commission (FSC) and Financial Supervisory Service (FSS) don join Digital Asset eXchange Alliance (DAXA) start task force together to draft full crypto lending regulations. Dem rules go set limit for leverage ratio, define which assets fit, require clear risk disclosures, and make sure lending reports dey transparent. Big exchanges like Bithumb and Upbit wey dey give loans up to four times collateral and 80% loan-to-value must comply. Dis rules dey try stop too much crypto lending, protect investors, and prevent market shakiness after global platform failures like Celsius and BlockFi. Draft rules wey dem hope to release next month show Seoul serious for digital asset oversight and go change future laws.

Naoris Protocol don launch $120,000 post-quantum bug bounty wey dem wan use test and make strong elliptic curve cryptography so e go fit stand gidigba against future quantum computer attack dem. Di program dey offer $50,000 if pesin fit break secp256k1 (Bitcoin, Ethereum), $30,000 for Ed25519 (Signal, Solana), $20,000 for NIST P-256 (TLS/SSL), plus $10,000 for other NIST curves. Anybody wey wan enter task na to find full private key through pure math cryptanalysis, them no go use any implementation mistake. CEO David Carvalho yan say dis effort no be to attack cryptocurrency, na to defend am, e show say e serious make we ready with quantum-safe solution dem. Dis bounty na sign say people dey fear as quantum computing dey near 2,330 logical qubits to break 256-bit curves. Bitcoin developer dem don start draft BIP to stop di weak signature schemes one after another. Meanwhile, Sui Research don show quantum-resistant system wey fit work with Sui, Solana, Near, and Cosmos without hard forks. Dis post-quantum bug bounty na good move to strong blockchain security and cryptography before quantum wahala carry show face.

On-chain analytics company Lookonchain don report say wallet 0xd8d0 don do crypto whale accumulation of 893 BTC and 20,000 ETH—total of about $177 million—inside just five hours. Dis crypto whale buy na beta sign for market, e dey driven by Bitcoin halving event, Ethereum Dencun upgrade, macroeconomic uncertainty wey dey make people dey use crypto hedge, and expected institutional inflows through spot ETFs. As e move money from exchanges go cold storage, the whale fit make the circulating supply tight and push price go up for both BTC and ETH. Traders wey dey follow dis crypto whale move suppose dey monitor on-chain data and metrics, check supply tightness, and combine dis information with technical analysis before dem trade.

CoinShares don register Delaware company to launch Solana staking ETF for US. The Solana staking ETF wey dem plan, go hold SOL tokens and stake am for investors side, dey deliver reward through NAV growth or cash payout. Dis move dey show say institutions dey start adopt altcoin yield products more, and e dey connect traditional finance with crypto yield methods. Delaware get laws wey friendly to companies, e go support the fund well. Solana staking ETF go give easy access to staking rewards, regulatory oversight, plus better liquidity through exchange trading. CoinShares dey try attract capital from pension funds, endowments and family offices wey dey look for yield. Major challenges na SEC approval, safe SOL custody, slashing risk, how complicated the operation fit be, and Solana price volatility. Traders suppose dey watch regulatory changes, fee structures and staking reward trends. If dem approve am, the Solana staking ETF fit increase crypto adoption pass Bitcoin and Ethereum ETFs and affect SOL market liquidity.

Bitcoin spot ETFs don record net outflow of about $115M on July 31, wey end di five-day inflow run. ARK Invest’s ARKB carry di lead for withdrawals with $89.9M, while Fidelity’s FBTC also get heavy outflows. On di inflow side, BlackRock’s IBIT attract $18.6M and Franklin’s EZBC add $6.8M. Total AUM for Bitcoin spot ETF offerings now reach $152B, with cumulative net inflows hit $55B since dem launch am. Dis reversal show say people dey take profit plus macro uncertainty, dey show di wahala for institutional demand. Traders suppose dey watch ETF net flows well well as sign for liquidity and possible BTC price movement. Di main things to dey watch na macroeconomic trends, regulatory developments, and new product launches. Short-term dips fit be good time to buy if you dey believe Bitcoin for long term.

Bitcoin don dey trade between $115,000 and $121,000 for more than two weeks, e don form tight trading range before one possible breakout. Small dip waka below $116,000 after Fed FOMC minutes and Chair Powell press conference, but price quick recover as traders focus again on fundamentals. Order book data show big sell walls for $121,100 and strong bids at $111,000, while liquidation heatmaps dey show long liquidations below $115,000 and possible short squeezes above $120,000. Institutional signals dey support bullish outlook. Spot Bitcoin ETFs don get net inflows of $641.3 million since July 23, and corporate treasury purchase don jump, buyers dey outnumber sellers 100:1. Technical indicators like narrowing Bollinger Bands and low leverage for futures markets indicate say volatility go soon expand. For short term, Bitcoin fit try test $111,000–$115,000 level again to absorb liquidity. Strong close pass $120,000 for both spot and perpetual futures go confirm bullish breakout. Upcoming US policy reports and SEC speeches fit make institutional adoption increase more.

Crypto futures liquidations dem rise steady steady, dem wipe $274 million inside one hour and $614 million for 24 hours initially, then e slow down to $133 million inside one hour and $632 million across the next 24 hours for big exchanges. Sudden Bitcoin (BTC) and Ethereum (ETH) price waka, plus too much leverage—up to 100×—trigger automatic liquidations and chain closing wey make market volatility worse. The selling pressure hammer asset price and make investors feel unsure, but quick traders take chance to buy low and short-squeeze. Experts yan say make person dey careful with risk management for crypto futures trading: use less leverage, put tight stop-loss orders, spread positions well well, and dey watch funding rates plus open interest to handle future liquidation wahala.

MicroStrategy report say dem make record $10 billion net profit for Q2, wey come from 7,100% year-on-year increase for operating income reach $14 billion. Di gain come from unrealized Bitcoin (BTC) market value rise. CEO Phong Le talk say MicroStrategy na “misunderstood and undervalued.” Di company dey hold 628,791 BTC (worth $73.3 billion) and dem see their BTC yield increase by 25% this quarter, with $13 billion valuation gains. To fund better buy under their upgraded “42/42” plan, MicroStrategy announce say dem go issue $4.2 billion preferred shares. Dem don already raise $2.5 billion this month to buy 21,021 BTC. Year full target be 30% BTC yield and $20 billion Bitcoin gains. Dis kind moves fit make investors change how dem view MicroStrategy and Bitcoin shares.

Di U.S. Securities and Exchange Commission (SEC) don launch Project Crypto on Thursday, na na plan to update crypto laws and adjust old securities rules for on-chain finance. Chair Paul Atkins clear say most digital assets no be securities under Howey Test, to clear past confusion. SEC go work with Crypto Task Force wey Commissioner Hester Peirce dey lead to make interpretative statements, exemptions, and safe harbors for crypto issuance, custody, and trading. Dem wan encourage innovation, support new market players and protect Main Street investors before Congress fit pass special law. For tokens wey dem consider securities, SEC get plan for flexible disclosure rules covering ICOs, airdrops and network rewards. Project Crypto show sey regulator dey committed to balanced supervision, strengthen U.S. leadership for digital asset markets and reverse policies wey make companies go foreign.

On-chain data show say Ethereum whales don gather 790,000 ETH (US$2.89 billion) since July 10, at average price of $3,510 per ETH. Notable transactions include addresses wey withdraw 44,983 ETH from FalconX at $3,805 and acquire 62,966 ETH via Galaxy Digital at $3,820. This steady whale accumulation dey show strong institutional confidence for Ethereum’s DeFi/NFT ecosystem, EIP-1559 deflationary burn, attractive staking yields under Proof-of-Stake and potential spot ETH ETF inflows. Key metrics—exchange netflow, active addresses, whale holdings and staking ratio—indicate reduced circulating supply and bullish momentum. Traders suppose dey monitor Ethereum whales’ flows, consider dollar-cost averaging and use on-chain analytics to predict market movements.

Jito Labs, VanEck, Bitwise, Solana Policy Institute, plus Multicoin Capital don ask SEC to allow liquid staking for Solana ETFs. Liquid staking make holders fit delegate SOL to validators and still collect derivative tokens, e stop lock-ups and prevent forced rebalances when big flows happen. Supporters talk say liquid staking for Solana ETF go help capital work better, ease creation plus redemptions, improve network security and add more money streams. At least nine Solana ETF applications still dey wait SEC approval. The petition no talk about risks like smart contract bugs, de-peg, and slashing. SEC no get official advice for liquid staking but e hint say direct staking wey link to consensus fit no be security. Ethereum ETF makers also dey pursue same approval: Nasdaq apply to allow BlackRock’s iShares ETH ETF to stake after Grayscale request before. Analysts believe staking features go bring more institutional money as dem talk say non-staking ETFs na “slightly imperfect.”

JPMorgan Chase an Coinbase dem dey plan for full bank-to-wallet crypto integration for 2026. Under di deal, Chase customers fit use credit card take fund their Coinbase wallets an turn card rewards to USDC stablecoin. Dem go also link checking accounts straight to Coinbase for smooth crypto purchases. Dis bank-to-wallet crypto integration follow recent US laws—GENIUS Act an Digital Asset Market Clarity Act—wey dey give clear rules for stablecoins an digital assets. Di announcement make Coinbase shares jump 6%, close for $377 an push im market cap reach about $95 billion. Industry experts talk say dis move go quicken mainstream crypto adoption by making am easier to enter. But analysts warn say branded transactions fit get higher fees, dem dey advise traders make dem compare costs well well. Dis partnership show say institutions dey accept crypto more, an fit boost retail an professional demand for BTC an ETH.