Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum ETF inflows have extended for a 20th consecutive trading day, pushing total net allocations to $9.64 billion year-to-date. On July 31, Ethereum ETFs recorded $17 million in net inflows, even as Bitcoin ETFs saw $115 million of outflows. Total assets under management for Ethereum ETFs reached $21.52 billion, equivalent to 4.77% of ETH’s market capitalization. BlackRock’s ETHA leads with $11.37 billion (2.52% of ETH’s market cap), followed by Grayscale’s ETHE at $4.22 billion despite July withdrawals of $6.8 million, and Fidelity’s FETH at $2.55 billion after adding $5.6 million. Notable single-day peaks include $726.7 million on July 16 and $602 million on July 17. ETH price dipped 2.4% to $3,786 after peaking at $3,933, yet remains up 53% over the past 30 days. Total trading volume for Ethereum ETFs on July 31 hit $1.28 billion. Analysts view these sustained inflows as structurally bullish for ETH, though they flag short-term resistance near $4,000. Corporate treasuries, including SharpLink Gaming and BitMine, are also accumulating ETH. Continued Ethereum ETF inflows could bolster liquidity, support prices, and drive ETH toward its all-time high of $4,878.

Michael Saylor has called on US regulators to adopt a formal crypto taxonomy to define digital securities and differentiate tokenized assets from unissued tokens. The proposed crypto taxonomy aims to bring regulatory clarity to crypto regulation and tokenization, reducing legal uncertainty and fostering innovation in the US digital asset market. The SEC’s crypto working group and the White House Digital Assets Market Working Group are drafting rules on custody, trading, registration, and record-keeping, while SEC Chair Paul Atkins acknowledges most tokenization innovation is overseas but seeks to keep the US competitive. Congress will review the 2025 Digital Asset Market Clarity Act in September to establish on-chain issuance frameworks. Meanwhile, Robinhood expands crypto tokenization services in Europe and plans US offerings, working with regulators despite legal scrutiny of its OpenAI token.

Seven asset managers, including Bitwise, Fidelity and Franklin Templeton, have filed amended S-1 statements with the SEC for a spot Solana ETF. The updates detail fund structure, fees, in-kind creation and redemption, staking policies and custodial arrangements. Grayscale now proposes a 2.5% fee payable in SOL tokens, while CoinShares added a dedicated Solana staking ETF for passive yield. The filings follow SEC approval of Bitcoin and Ethereum ETF in-kind redemptions, indicating a clearer path for a Solana ETF. Bloomberg analysts assign a 90% chance of SEC approval, and market data suggests over 99% odds by 2025. SOL trades near $168, testing technical support after a rising wedge breakdown. Traders should watch SEC feedback on these S-1 amendments and staking ETP proposals – approval could spur a bullish breakout, boosting short-term volatility and long-term adoption.

Bitcoin CME gap fill at $114,322 on Bitstamp marked a three-week low. The retracement closed the July Bitcoin CME gap on CME futures charts. A brief rebound followed the fill. US trade tariffs weighed on market sentiment. Fed hawkishness and higher-than-expected PCE inflation added headwinds. Traders now focus on $116,000 resistance and $104,000 support. Daily close and trading volume will confirm trend direction. Bitcoin underperformed the S&P 500, reflecting its sensitivity to geopolitical risks. Short-term traders should set clear risk limits and watch gap-fill behavior. Long-term investors may view current volatility as a buying opportunity.

Bitcoin price dipped 2.6% to $114,250, hitting a three-week low after U.S. President Trump’s executive order raised trade tariffs on key partners. The move triggered a broad crypto sell-off and amplified market volatility. In the 24 hours leading up to the tariff deadline, over 158,000 long positions worth $630 million were liquidated, and spot crypto markets saw $110 billion in outflows. Despite the fall, Bitcoin’s July monthly candle closed at a record $115,784, indicating resilient momentum. Analysts view the drop as a temporary correction driven by tariff fears, profit-taking and geopolitical uncertainty. They advise traders to monitor ongoing U.S.–China trade negotiations and key support near $111,000 to gauge price direction.

By mid-2025, US investors filed six new crypto lawsuits, nearly matching the seven lodged in all of 2024. Half of these actions target token issuers, one names a mining operator, and two involve SPAC partnerships or crypto mining equipment sellers. Burwick Law leads three of the six cases, including high-profile suits against Pump.fun and LIBRA memecoin promoters. Collective securities litigation remained stable with 114 filings in H1 2025 versus 115 in H2 2024. Meanwhile, crypto lawsuits are accompanied by a surge in AI-related securities cases—12 so far this year—driven by alleged AI greenwashing. Former SEC commissioner Joseph Grundfest links this increase to exaggerated claims that harm investors. With the crypto market cap near $3.8 trillion, traders should watch for rising legal and regulatory risks that may sway market sentiment and token valuations.

Bitcoin price slipped below the key $115,000 support level on Binance USDT, driven by macro headwinds, regulatory uncertainty and large whale sell-offs. The breach triggered automated sell orders, intensified volatility and dragged most altcoins lower under Bitcoin’s market dominance. Short-term traders face higher liquidation risks but can capitalize on dip-buying or short positions, while long-term holders view the pullback as a dollar-cost averaging opportunity. Recommended strategies include thorough research (DYOR), regular DCA purchases, strict stop-loss rules, limited leverage and portfolio diversification. Traders should monitor support and resistance zones, trading volume, volatility spikes, on-chain whale activity, upcoming macro announcements and institutional adoption trends to navigate ongoing market swings.

Bitcoin price slid from near $116,000 to $114,920 on August 1, marking a 2.87% intraday drop on OKX. This Bitcoin price action underscores heightened volatility in the crypto market and shifts $116,000 to a new resistance. Traders now eye the next support around $110,000 as bearish pressure builds. Technical indicators, order book depth and on-chain metrics will be key to spotting a rebound or further sell-offs.

On July 19, the CoinDCX USDT hack resulted in the theft of $44 million via six internal wallets after a test transfer. Attackers exploited a targeted social engineering attack against senior engineer Rahul Agarwal, compromising his work laptop with malware to capture login credentials. Bengaluru cybercrime officers arrested Agarwal on July 26, accusing him of collusion and receiving $17,000 and suspicious files over WhatsApp. No customer funds were lost; the breach affected only operational liquidity accounts. In response, CoinDCX launched a recovery bounty offering 25% of any reclaimed funds, up to $11 million. This CoinDCX USDT hack underscores growing security risks at centralized exchanges and the need for enhanced protocols.

Coinbase Q2 revenue declined to $1.5bn, missing the $1.56–1.59bn forecast as spot trading volumes fell 26%. Adjusted EPS was $0.12, far below the $1.49 estimate. While transaction revenue slumped, subscription and services revenue fell only 6% to $656m, supported by a 12% rise in stablecoin revenue to $332m. Such weak Coinbase Q2 revenue underscores the importance of stablecoin revenue as a buffer. The company highlighted regulatory wins—the GENIUS Act and CLARITY Act—and launched its Base App beta with over 700,000 users. It outlined plans for an “everything exchange” featuring tokenized real-world assets and prediction markets. For Q3, Coinbase forecasts subscription and services revenue of $665m–$745m. Traders should track stablecoin revenue and regulatory developments for signs of market resilience.

El Salvador and Bolivia have signed a memorandum of understanding to share expertise in crypto regulations, blockchain intelligence tools, risk analysis, and compliance. The indefinite MOU, inked by Acting President Edwin Rojas Ulo and CNAD President Juan Carlos Reyes García, aims to help Bolivia develop a comprehensive digital asset regulatory framework and boost financial inclusion. Since lifting its crypto ban in 2024, Bolivia’s monthly trading volume soared from $46.5 million in June 2024 to $294 million by June 2025, with stablecoin USDT widely used amid USD shortages. State firm YPFB now accepts cryptocurrencies for fuel imports, underscoring real-world adoption. El Salvador, the first country to adopt Bitcoin as legal tender through its 2021 Bitcoin Law, mines BTC using volcanic energy and holds 6,246 BTC (~$740 million). Its pro-innovation stance has attracted initiatives like Bitfinex tokenized US Treasury bills and Tether’s relocation. Traders can expect improved crypto regulations and clarity under this partnership, which should streamline adoption and bolster market confidence.

Ethereum surged 56% in July to a three-year high of $3,862, fueled by over $5.37 billion of spot Ethereum ETF inflows across 19 consecutive days. BlackRock’s iShares Ethereum ETF surpassed $10 billion in assets under management just 251 days after launch. For six days, Ethereum ETF inflows outpaced Bitcoin ETFs, signaling shifting investor sentiment. In the futures market, Ethereum’s perpetual contract volume overtook Bitcoin for the first time in three years. Analysts note a significant cluster of short positions just above $4,000, where $930 million in potential liquidations could trigger a rapid advance toward $4,500. However, the RSI shows bearish divergence, indicating weakening buying pressure. A decisive break above $4,000 with strong volume could spark further gains; failure may prompt a retracement to $3,700 or as low as $3,200–$3,300.

Fold and Blackhawk Network have partnered to distribute Bitcoin gift cards through digital channels since May 2025 and will expand into physical retail later this year. Available at over 400,000 U.S. stores, these prepaid vouchers let consumers buy Bitcoin at checkout without a crypto wallet, redeemable via the Fold app. Users select a card value online or in-store and redeem Bitcoin gift cards via the Fold app. They receive BTC they can hold in the app, spend with a Fold debit card, or transfer to private wallets. The program leverages Blackhawk’s gift-card infrastructure and loyalty channels to lower barriers for mainstream crypto adoption. Following Fold’s $365 million SPAC merger and Nasdaq listing in February 2025, the partnership illustrates the growing convergence of retail payments and crypto. Traders should watch for rising Bitcoin demand and improved on-ramp convenience as adoption broadens.

Philippines government has launched a Polygon blockchain-based notarization system for public documents, boosting transparency and combating AI-driven deepfakes. Part of Project Marissa and announced on July 30, 2025, by DBM Undersecretary Maria Francesca Montes Del Rosario, the platform issues NFTs for SAROs and NCAs. Documents are generated via the Department of Budget and Management’s ADRS, processed through BayaniChain’s Lumen BaaS and filtered by Prismo Protocol. Approved records are permanently recorded on the Polygon blockchain for public access. A 3.5-hour Heimdall v2 outage on July 31 briefly delayed the launch, but the Bor layer stayed online, highlighting network reliability. This is the first time a Philippine government office has recorded its national budget on a public blockchain. Following a 2024 DOST blockchain and NFT program, this deployment is likely to drive higher Polygon network activity and set a new standard for public-sector digital services.

Tether reported a record Q2 2025 net profit of $4.9B, fueled by its USDT stablecoin business and $2.6B in mark-to-market gains on Bitcoin and gold. BDO’s attestation showed $13.4B of new USDT issued, lifting circulation above $157B. By June 30, Tether held $162.6B in assets and $157.1B in liabilities, with $127B invested in US Treasuries—ranking it among the top private holders of US government debt. Profit from recurring operations reached $3.1B, bringing H1 profit to $5.7B. Tether plans to reinvest earnings into AI, renewable energy and communications infrastructure. The US GENIUS Act and clearer stablecoin regulations underpin Tether’s growth, while competitor moves—like Circle’s USDC IPO surge, PayPal’s yield-bearing stablecoin and a new Euro-backed token—signal a maturing stablecoin sector. Traders should note Tether’s reinforced market leadership and stablecoin stability outlook.

The US Court of Appeals for the 2nd Circuit has overturned the 2023 convictions of former OpenSea product manager Nathaniel Chastain on wire fraud and money laundering charges tied to NFT insider trading. Judges ruled that selecting and featuring NFTs did not legally constitute company property, invalidating the jury’s flawed property-law instructions. The court also excluded evidence of OpenSea CEO Devin Finzer’s pre-announcement MATIC purchases as irrelevant. Chastain’s original penalties—three months’ imprisonment, house arrest, probation, community service, a $50,000 fine and forfeiture of 15.98 ETH—are now vacated and the case may be retried. While the decision doesn’t excuse unethical conduct, it clarifies that misuse of confidential NFT listing data falls under breach of trust rather than federal wire fraud, setting a key precedent for NFT trading compliance and insider-information enforcement.

Coinbase video "Everything Is Fine" satirically contrasts upbeat lyrics with stark images of rising inflation, poverty and debt in the UK economy. The clip highlights 20.3 million adults—44% of the population—facing financial vulnerability due to unstable incomes, health challenges and low savings. Debt among average earners jumped 59% to 3.5 million, while food bank use rose to 15%. Half of vulnerable adults cannot afford a healthy diet, and many rely on credit, buy-now-pay-later schemes or payday loans for essentials. The Coinbase video underscores growing crypto regulation uncertainty. A separate OMFIF report warns the UK is losing its Brexit-era advantage in crypto oversight to the EU and US. Traders should watch how financial stress and regulatory gaps could shape market sentiment and crypto adoption.

Bitcoin treasury strategy: Robin Energy, a Nasdaq-listed energy transport firm, has approved a corporate Bitcoin treasury strategy. The company will allocate an initial $5 million from cash reserves. It plans to dollar-cost average up to 50% of its long-term cash into BTC. This strategy aims to diversify assets, hedge inflation, and drive potential appreciation. It avoids new debt and equity dilution. This Bitcoin treasury strategy underscores Bitcoin’s role as a liquidity tool and long-term growth driver. It reflects growing institutional adoption and sets a new corporate finance precedent. Traders should weigh market volatility, regulatory uncertainty, custody security, and accounting challenges. This move may boost market confidence and spark similar strategies across traditional industries.

PowerBank and Intellistake have formed a strategic alliance to integrate a Bitcoin treasury program and explore real-world asset tokenization in clean energy. PowerBank plans to add BTC to its corporate balance sheet as a long-term Bitcoin treasury reserve. Intellistake will manage custody, security and treasury operations. The partners aim to issue blockchain-backed tokens representing solar and energy storage infrastructure, unlocking liquidity and broadening investor access. Industry analysts project the tokenized asset market could reach $30 trillion by 2034. All transactions remain subject to market conditions and regulatory approval. The move reflects a growing trend of clean energy firms adopting digital assets and DeFi solutions for sustainable finance innovation.

The Ether Machine, formed by merging Ether Reserve with Nasdaq-listed Dynamix earlier this year, purchased 15,000 ETH at $3,809 each for $56.9 million, boosting its holdings to 334,757 ETH and surpassing the Ethereum Foundation’s roughly 234,000 ETH. Funded by private placement proceeds, the firm still holds $407 million reserved for further ETH acquisitions. Now the third-largest institutional ETH holder behind Bitmine and SharpLink Gaming, The Ether Machine plans to generate returns through staking, liquidity provision and ecosystem funding. Following the announcement—coinciding with Ethereum’s tenth anniversary—ETH climbed 1.5% to $3,862 amid rising institutional demand. The firm expects to complete its Q4 SPAC merger and list on Nasdaq under the ticker ETHM, targeting a $1.6 billion IPO and a holding of over 400,000 ETH by the listing date.

The Trump administration plans to expand a national Bitcoin reserve under a March executive order. Robert “Bo” Hines, executive director of the White House Digital Asset Market Working Group, confirmed that accumulation efforts are underway. While precise holdings remain undisclosed, Nansen data suggests US government reserves around 198,000 BTC (~$2.35 billion). Hines said growing the Bitcoin reserve will require robust infrastructure, regulation and time. He noted multiple acquisition methods but declined to specify details. The recent crypto policy report focused on regulatory clarity, explaining why reserve specifics were omitted. Although the administration recognizes broader digital-asset innovation, its priority remains Bitcoin, with progress expected shortly. This move reflects a broader focus on crypto regulation and market infrastructure.

Invesco and Galaxy Digital have jointly filed a Spot Solana ETF application with the SEC via the CBOE. The proposed Spot Solana ETF would hold actual SOL tokens, offering regulated, liquid exposure to Solana’s high-speed Proof-of-History network. The move underscores growing institutional investor confidence and leverages Invesco’s global ETF expertise and Galaxy Digital’s crypto market knowledge. The filing includes surveillance-sharing agreements to address SEC concerns over market manipulation, network stability and SOL’s classification. If approved, the Spot Solana ETF could unlock significant institutional capital, boost SOL liquidity and pave the way for future altcoin ETFs.

Trump’s White House Working Group on Digital Asset Markets, led by David Sacks, has pressed for clearer federal crypto regulation. It urged the SEC and CFTC to set uniform standards on custody, registration, trading, and record-keeping, and recommended Congress classify cryptocurrencies as a distinct asset class and update tax rules. In July, the GENIUS Act became law, standardizing stablecoin regulation, digital asset custody, and tokenized markets. The group’s input also shaped the pending CLARITY Act and Anti-CBDC Surveillance State Act now before the Senate. Industry leaders including Michael Sonnenshein of Securitize and Sergey Nazarov of Chainlink welcomed these measures. The Atlantic Council predicts that regulatory clarity will drive major banks such as JPMorgan, Citigroup, and Bank of America to launch stablecoin services, spurring institutional adoption and expanding consumer access. Traders should monitor these crypto regulation developments for potential shifts in liquidity and trading strategies.

On July 30, 2025, a validator exit triggered a consensus bug in the Polygon Heimdall V2 layer. The Polygon outage halted consensus for one hour, though the Bor execution layer continued processing transactions. Several RPC providers then faced sync inconsistencies, causing explorers and dApps to report false downtime. Developers deployed a patch by 11:01 UTC and are working with providers to restore full RPC sync. With over $1.4 billion TVL and the recent Heimdall V2 upgrade—featuring CometBFT integration and five-second finality—this Polygon outage highlights risks tied to added system complexity. The incident shaved nearly 3% off the POL token price and may weigh on trader confidence. Crypto traders should monitor RPC status and network health indicators to anticipate any residual transaction delays.

Pepescape presale has raised over $1 million in its early-stage offering. The Ethereum-powered meme coin combines DeFi infrastructure with community-driven features. It has launched Gigacex, a community exchange MVP where traders and liquidity providers earn governance tokens to vote on listings, fees and policies. Fee revenue is shared with active users, reinforcing decentralization. Pepescape presale offers zero vesting and 100% token unlock on Day 1. Stage 1 price is $0.000356 per token, rising to $0.0012 in stage 2. Backed by Ethereum with planned multichain support, this presale provides traders a bullish entry point ahead of centralized exchange listings.

Indonesia’s Finance Ministry will enforce updated crypto tax rules under Regulations No. 50/2025 and No. 53/2025 from August 1. The domestic crypto tax on exchange trades rises from 0.1% to 0.21%, while offshore exchange trades jump from 0.2% to 1%, increasing the cost of crypto trading. The VAT on crypto mining doubles from 1.1% to 2.2%, and the 0.1% special mining income tax is removed. From 2026, mining profits fall under standard personal or corporate income tax. Buyers gain relief as transfers of crypto assets classified as securities are now exempt from 0.11–0.22% VAT. Finance Minister Sri Mulyani Indrawati said these measures aim to provide legal certainty and recapture revenue lost to offshore platforms. Traders should prepare for potential volume shifts, fee repricing, and broader regulatory impacts in Southeast Asia’s third-largest crypto market.

Kraken is in talks to raise $500 million at a $15 billion valuation as it positions for a potential IPO in Q1 2026. This funding round follows a boost from the SEC dropping its lawsuit in March and reflects easing U.S. crypto regulations. The U.S.-based exchange handles around $1.37 billion in daily trading volume across over 1,100 pairs, about half of Coinbase’s $2.77 billion, according to CoinGecko. Recent crypto listings like Circle, eToro, Coinbase and Robinhood have outperformed, signaling strong market optimism. On the product side, Kraken has launched “Krak,” a peer-to-peer fiat and crypto payments app, and secured EU-wide approval under the MiCA framework, paving the way for European expansion.

Twenty One Capital, backed by Tether, Bitfinex, Cantor Fitzgerald and SoftBank, has boosted its Bitcoin holdings to 43,514 BTC. This places it third among public corporate holders, behind MicroStrategy and Marathon Digital. The aggressive accumulation underscores growing institutional investment and market maturity in digital assets. With long-term Bitcoin holdings locked away, exchange supply is tightening, potentially adding upward Bitcoin price pressure. The venture bridges traditional finance and crypto, pooling expertise in stablecoin issuance, trading infrastructure and institutional trading. While large-scale Bitcoin holdings carry volatility and regulatory risks, they can improve market stability and clarify regulatory frameworks. Traders should watch institutional investment flows, supply dynamics and corporate treasury allocations for potential market support.

Strategy Corp has raised $2.5 billion via its STRC preferred shares offering, issuing 28 million perpetual preferred shares at $90 each on Nasdaq. The proceeds funded the purchase of 21,021 BTC at an average price of $117,256, lifting its total Bitcoin holdings to 628,791 BTC (over $74 billion). STRC preferred shares offer floating monthly dividends starting at 9%, appealing to income-focused and institutional investors seeking Bitcoin exposure without direct market risk. This first-of-its-kind permanent preferred security addresses compliance hurdles for pension funds and insurers through structured equity. Following the offering, Strategy’s common stock dipped 2.3% but recovered in after-hours trading. Market analysts say the STRC preferred shares deal could deepen Bitcoin liquidity and reduce spot-market swings, a bullish signal for market stability. Strategy’s upcoming Q2 earnings will shed light on the financial impact of its latest Bitcoin accumulation.