Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

BTCS Inc will pay a two-part ETH dividend totaling $0.40 per share to reward long-term shareholders and deter short sellers. A $0.05 per share ETH dividend is set for the September 26, 2025 record date, followed by a $0.35 loyalty bonus on January 26, 2026. BTCS holds about 70,000 ETH (roughly $301 million) in its crypto treasury and will credit ETH directly to registered shareholder wallets. The announcement drove BTCS stock up 10%, despite a year-to-date gain of 15% and a 45% slide since July. Ethereum’s price retraced from $4,800 to $4,300 amid spot ETH ETF outflows, even as public and Web3 treasuries boosted holdings from 3 million to 4.1 million ETH since August 10, now controlling 3.4% of supply versus 5.4% in ETFs. The dividend plan could strengthen ETH demand, support prices above $4,000 and attract new investors.

Charles O. Parks III, known as CP3O, was sentenced to 12 months and one day in federal prison for orchestrating a $3.5 million cryptojacking scam. Between January and August 2021, he used fake firms—MultiMillionaire LLC and CP3O LLC—to gain elevated cloud access. He illegally mined nearly $1 million in Ether (ETH), Litecoin (LTC) and Monero (XMR) before converting proceeds into cash via exchanges, an NFT marketplace, payment processors and banks. Parks funded a lavish lifestyle, buying a Mercedes-Benz, luxury jewelry and first-class travel. The Department of Justice and FBI labeled this operation a high-profile cryptojacking scam and secured a $500,000 forfeiture and a Mercedes-Benz. Parks pleaded guilty to wire fraud in December 2023, avoiding a longer sentence. An April 2024 indictment tied his scheme to subsidiaries of Seattle and Redmond cloud firms. Final restitution will be determined later. This case highlights the risks of weak access controls and insufficient vetting by cloud providers. It underscores regulators’ growing enforcement against cloud mining fraud. Traders should monitor compliance and security trends as lax cloud security can fuel large-scale cryptojacking and drive up infrastructure costs.

TeraWulf and AI cloud provider Fluidstack have expanded a 10-year AI hosting agreement at the Lake Mariner campus from 200 MW to 360 MW of liquid-cooled, high-density compute capacity. The AI hosting arrangement, initially valued at $3.7 billion with a 40 MW phase scheduled by H1 2026 and full 200 MW deployment by end-2026, now adds a new 160 MW CB-5 data center, pushing total contracted revenue to $6.7 billion and potentially $16 billion with extension options. Google has increased its backstop commitment from $1.8 billion to $3.2 billion, securing warrants for 32.5 million TeraWulf shares (14% stake). TeraWulf expects 85% net operating margins, or roughly $315 million annually, bolstering its diversification beyond Bitcoin mining. Shares of WULF jumped 13% on the news.

Citigroup plans to offer crypto custody services for ETFs and stablecoins to corporate clients. Under new US regulations, it will safeguard reserves backed by U.S. Treasuries. The bank is testing blockchain-based transactions and direct stablecoin settlements to enable instant, round-the-clock cross-border payments. Citi may also issue its own stablecoin and provide payment and FX conversion tools. Through its crypto custody platform, it will ensure AML, FX and cybersecurity compliance. The move challenges incumbents in spot Bitcoin ETF custody and leverages Citi’s tokenized dollar network to boost market efficiency and trust.

Stripe has launched Tempo, an Ethereum-compatible layer-1 blockchain designed to accelerate stablecoin transactions and lower fees. Built in partnership with Paradigm, Tempo supports Solidity smart contracts and focuses on enterprise-grade payment processing and rapid on-chain settlement. This move follows Stripe’s acquisitions of Bridge for $1.1 billion and crypto wallet provider Privy, giving it end-to-end control over the stablecoin payment ecosystem. The launch also aligns with the U.S. GENIUS Act’s federal standards, offering clearer regulatory guidance. As the largest private fintech—valued at $91 billion and having processed over $1.4 trillion in payments by 2024—Stripe aims to strengthen its crypto infrastructure and boost stablecoin adoption among businesses. Traders should watch for ecosystem partnerships and any future token issuance tied to Tempo.

The Winklevoss brothers allocated $220 million in Bitcoin to American Bitcoin Corp., a Trump-linked mining venture co-owned by Hut 8 and American Data Centers. The private placement, oversubscribed, included roughly $10 million in shares purchased directly with BTC. This investment deepens the twins’ financial ties with Donald Trump Jr. and Eric Trump, following an earlier $2 million campaign donation. American Bitcoin Corp. emerged from a merger with Hut 8 and plans to combine with Gryphon Digital Mining to create a Nasdaq-listed subsidiary under ticker ABTC. Pending shareholder approval by September, the merger aims to scale Bitcoin mining operations and build substantial BTC reserves. Hut 8 CEO Asher Genut highlights the group’s competitive edge in mining. Donald Trump Jr. confirms that mining and holding Bitcoin will be core strategies. The deal signals growing institutional support and confidence in Bitcoin mining amid shifting US crypto policy.

SEC and Ripple have jointly dismissed their appeals in the Second Circuit, officially ending the four-year Ripple lawsuit over XRP. This cements Judge Analisa Torres’s August 2023 ruling that XRP programmatic sales on secondary markets are not securities, while institutional sales breached securities laws and triggered a $125 million fine. SEC Commissioner Hester Peirce said the resolution allows the SEC to shift from litigation to clear crypto regulations, reducing uncertainty for exchanges and investors. The end of the XRP case delivers much-needed regulatory clarity, potentially boosting XRP trading activity and guiding future SEC enforcement actions.

Chainlink has launched an on-chain LINK Reserve to strengthen token liquidity and demand. The LINK Reserve uses automated smart contracts and Payment Abstraction to convert gas fees, stablecoins, service fees and enterprise payments into LINK via Chainlink or DEXs like Uniswap V3. Since launch, over $1 million in LINK has been locked with no withdrawals planned for years. Additionally, 50% of staking-verified service fees now flow into the LINK Reserve instead of node operators. A public analytics dashboard offers real-time tracking of reserve size. After the announcement, LINK’s price rose above $19.30 and large wallets holding 100,000–1,000,000 LINK increased their positions. This mechanism reduces sell pressure, drives sustainable demand and supports long-term market confidence in LINK.

The CoinShares MiCA license granted by the French AMF makes CoinShares the first asset manager in continental Europe under MiCA. This CoinShares MiCA license complements its existing MiFID and AIFM authorisations, enabling the firm to offer full crypto and traditional asset management services across the EU. CoinShares now serves clients in eight member states, including France, Germany and the Netherlands, with plans to extend to all. In parallel, it expanded in the US through the acquisition of Valkyrie Funds and launched Bitcoin and Ethereum futures ETFs. CEO Jean-Marie Mognetti says clear crypto regulation is vital for investor protection and institutional trust. This regulatory boost is poised to spur institutional adoption of digital assets and strengthen confidence in the European crypto market.

Bitcoin price surged past $119,000 after recent spot Bitcoin ETF approvals and growing institutional investment. Macroeconomic uncertainties, including inflation and currency devaluation, have bolstered Bitcoin’s appeal as a scarce digital asset. Retail demand has increased via accessible trading platforms and media coverage. The upcoming Bitcoin halving is expected to tighten supply and fuel further gains. Technological upgrades like the Lightning Network improve scalability and transaction speeds. Despite this strength, traders should manage Bitcoin price swings—10–20% volatility and regulatory shifts remain key risks. Historical cycles in 2017 and 2021 show rapid rallies often followed by corrections. Effective risk strategies—such as dollar-cost averaging and diversification—can mitigate downside. The current rally may also trigger broader market growth and an altcoin season, offering new trading opportunities.

Bitcoin trades near $117,500 after touching record highs around $123,000. On-chain data from CryptoQuant’s Bitcoin Flow Pulse shows persistently low exchange inflows. Historically, spikes in exchange deposits have signaled major corrections in 2017 and 2021. This year, holders refuse to sell, evidenced by a $200 million BTC withdrawal by whales in a single day. Miner outflows hit 16,000 BTC on July 15, the largest daily profit-taking since April. At the same time, Binance data reveals rising retail inflows and negative net taker volume, pointing to selling pressure among small traders. The contrast between low inflows, whale accumulation, and miner profit-taking highlights strong market conviction. Resistance remains near $123,000, with support at $113,000–$116,000, and a risk of deeper pullbacks to $107,000–$111,000 if key levels fail. While the trend favors a bullish outlook, a sudden spike in exchange deposits could foreshadow a short-term correction.

XRP has rebounded past its previous all-time high and formed a bullish Golden Cross as the 50-day moving average crosses above the 200-day MA, despite a minor 7% pullback to $3.30. The token is consolidating just below a long-term diagonal resistance at $3.50—a level that capped the 2017–2018 bull run—and key indicators like an RSI of 68.7 and a positive MACD histogram confirm sustained trend strength. Broader market support from Bitcoin holding above $117,000, improved on-chain metrics, and Ripple’s RLUSD stablecoin launch reinforce the technical setup. Institutional adoption is rising, with Nature’s Miracle Holding deploying a $20 million XRP treasury program and Brazil’s VERT issuing BRL 700 million on the XRP Ledger. XRP’s market cap stands at $194.17 billion with $9.24 billion in 24-hour volume, and social sentiment remains 83% positive. Immediate support resides at $3.22, stronger at $3.10–$3.20 and the 20-day EMA at $3.00, while resistance lies between $3.55 and $3.70 and a psychological barrier at $4.00. A daily close above $3.50 could trigger a rapid rally toward Fibonacci extensions at $7–$9. Over the next 90 days, an SEC settlement and ETF approvals could drive XRP to $4.50–$5.00 (50% probability), with a 35% chance of 4–6 weeks of consolidation between $3.10 and $3.60 or a 15% chance of a deeper pullback to $2.80–$2.90. Traders may view the Golden Cross and institutional buys as optimal accumulation signals ahead of regulatory clarity.

The U.S. Department of Justice has filed a civil action to seize $7.1 million in cryptocurrency linked to a crypto fraud scheme targeting oil and gas investments. The scheme ran from mid-2022 to mid-2024 and routed about $97 million through 81 bank and crypto accounts to conceal stolen funds. Prosecutors indicted Geoffrey Auyeung for money laundering after he converted the proceeds into Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC), then transferred large sums to Binance. Federal agents froze over $2.3 million in related bank accounts and have documented $17.9 million in investor losses so far. This case highlights the DOJ’s use of blockchain analytics, aggressive asset forfeiture in combating money laundering and underscores ongoing risks of crypto fraud for traders.

US Department of Justice (DOJ) and Federal Bureau of Investigation (FBI) have formally ended their investigations into Kraken founder Jesse Powell. Federal agents raided Powell’s home in 2023 over alleged sanctions evasion and money laundering tied to Kraken’s cryptocurrency exchange and a nonprofit arts center he established. All seized devices were returned after DOJ and FBI review of transaction records and internal documents found insufficient evidence to press charges. This follows the US Securities and Exchange Commission (SEC) dropping its enforcement action against Kraken for operating as an unregistered securities exchange. Powell, who stepped down as Kraken CEO in 2022, has maintained his innocence and filed a defamation lawsuit against the Verge Center for the Arts. Crypto traders may see reduced regulatory uncertainty around Kraken’s platform, bolstering market confidence in the short term. However, broader regulatory risks in the crypto sector persist, and any direct price impact on Kraken-traded assets is expected to be limited.

Western Union is set to integrate stablecoins into its remittance and digital wallet services. Following the US GENIUS Act, which requires full USD backing and annual audits for major issuers, the company will let users deposit dollars, convert them to stablecoins, and send funds via blockchain. Recipients in Latin America and Africa can instantly redeem USDT or USDC for local currency or spend tokens directly. The move cuts settlement times from days to minutes and lowers fees. CEO Devin McGranahan calls stablecoins a growth opportunity and a reliable store of value in volatile markets. Western Union is partnering with infrastructure firms to build on- and off-ramps for stablecoins, leveraging its global agent network and contrasting with cautious regulators like the Bank of England and IMF.

Recent market pullbacks sent XRP price down nearly 4% alongside BTC, ETH, DOGE, and ADA. Despite the dip, technical analysts remain bullish: Ali Martinez expects Fibonacci-based resistance at $4.17, $4.63, and $5.01, targeting $6.12 in the long term. CRYPTOWZRD highlights $3.65 as key intraday resistance and $4.60 as the next major hurdle, while influencer Cobb sees a rapid climb to $5. This optimism is underpinned by the anticipated resolution of the SEC vs. Ripple lawsuit, the introduction of RLUSD, and the GENIUS Act. However, XRP price underperformed against seven catalysts identified by ICharted—pro-crypto policy shifts, ETF approval, mass adoption, higher trading volumes, key partnerships, U.S. legislation, and legal clarity. Citing Bitcoin’s historical post-rate-cut declines, he warns of a possible slump toward $2 in August. A break below $3.50 signals increased downside risk. Traders should weigh bullish price predictions against heightened market risk and watch both technical setups and regulatory developments for trading opportunities and risk management.

Record institutional demand lifted Ethereum ETF inflows to $2.12B last week, driven by Fidelity’s FETH ($126.9M), BlackRock’s ETHA ($102M), Grayscale’s ETH ($54.9M) and Bitwise’s ETHW ($13.1M). Only 21Shares’ CETH saw a minor $0.4M outflow. Over a 12-day span, Ethereum ETF inflows topped $3.53B, outpacing Bitcoin ETF inflows. Conversely, spot Bitcoin ETFs recorded $131.4M ETF outflows on July 21, led by Ark Invest’s ARKB ($77.5M), Grayscale’s GBTC ($36.7M) and Fidelity’s FBTC ($12.8M). Broader crypto funds saw $4.39B inflows, the highest weekly total on record, boosting assets under management to $220B. Altcoins also benefited: SOL ($39M), XRP ($36M) and SUI ($9.3M). Traders should monitor Ethereum ETF inflows and Bitcoin ETF outflows as sentiment indicators amid strong market liquidity.

Block’s share price jumped on growing expectations of its S&P 500 inclusion, driven by its $50 billion market cap and strong revenue growth from Cash App’s Bitcoin trading and merchant services. Anticipation of passive fund inflows from ETFs and pension funds lifted trading volume and liquidity. Analysts highlight Block’s improving margins and compare the short-term rally to past index additions like Tesla and Nvidia. With official entry expected in mid-June, traders weigh riding momentum against profit-taking ahead of quarterly rebalancing. Block S&P 500 inclusion could boost institutional demand and support longer-term stability for this fintech stock.

XRP has gained momentum after Ripple and the SEC dropped all appeals, removing a key regulatory overhang. Analyst Random Crypto Pal cites this legal clarity, ETF inflows and historical consolidation patterns to support a parabolic move toward $29. Building on that, The Great Mattsby highlights a rare re-expansion of XRP’s monthly Bollinger Bands—a volatility signal last seen before the 2017 bull run—which historically preceded a 1300% rally. Currently trading around $3.53 and consolidating above critical Fibonacci support, XRP also shows robust on-chain metrics: daily transactions and wallet growth at multi-year highs, alongside increasing enterprise adoption via RippleNet and XRPL smart contracts. These converging signals underpin an upside target of $45, implying another potential 1300% surge. Traders should watch for a Bollinger Band breakout, manage risk amid macro factors, and consider both short-term breakout plays and longer-term positions.

XRP surged to a new all-time high of $3.66 after breaking above the key $3.40 resistance. The token stabilised around $3.49 following the rally, driven by growing institutional confidence. Whale transfers above $70 million and XRP futures open interest topping $10 billion underline the increasing market depth. The momentum follows the US Genius Act’s enactment on July 18, providing clear crypto and tokenised asset regulations. Ripple’s enterprise payments network and its upcoming RLUSD stablecoin stand to benefit from the new framework, reinforcing XRP’s real-world settlement use case across central bank and cross-border platforms. This rally also highlights long-term gains for disciplined investors. One trader’s $10,000 XRP purchase in 2019 has grown to $186,000 after steadfast HODLing through market swings. Analysts now eye price targets between $4.80 and $7.00, suggesting further upside. Traders should consider both short-term breakout potential and structural gains driven by regulatory clarity, while maintaining a patient, strategic HODL approach.

Charles Schwab reported a 14% rise in client assets to $10.76 trillion and a 23% jump in trading revenue to $952 million in Q2. CEO Rick Wurster said Schwab will soon offer direct spot trading for Bitcoin and Ethereum on its unified platform. Clients holding $25 billion in crypto via exchange-traded products can trade Bitcoin (BTC) and Ethereum (ETH) alongside stocks, bonds and ETFs. Schwab also plans to issue its own stablecoin, partnering with major banks on a consortium while evaluating independent launch options for its stablecoin project. This spot trading expansion follows clearer U.S. rules on stablecoins and relaxed banking regulations, reinforcing Schwab’s challenge to existing crypto exchanges. The firm added over 1 million new retail and advisory accounts this quarter. The move aims to capture growing institutional demand—surveyed at 83% planning larger crypto allocations by 2025—and retain affluent investors who currently split crypto holdings across multiple venues.

XRP price recently surged to a three-year high near $3.66, driven by bullish technical indicators. The XRP dominance (XRP.D) faces key resistance at 5.5%; past breaks here led to 2× gains, suggesting $7–$10 targets. A bull pennant on the monthly chart adds long-term upside toward $18–$20 if XRP closes above its $2.55 trendline. A new CME Group report highlights XRP’s active price movements and low correlation with Bitcoin and stock markets. Search volume on Google and YouTube for XRP now tops Bitcoin and Ethereum, underlining its appeal for portfolio diversification. Analysts forecast XRP reaching $4.50–$5 by end-2025, assuming Bitcoin hits $140,000. While $10 is unlikely this cycle, controlled token releases reassure investors and keep higher targets in view. Competition from Solana (SOL), BNB and Cardano (ADA) may limit extended rallies. Traders should monitor Bitcoin’s next leg up, developments around an XRP ETF or Ripple IPO, and key technical levels for signs of the next breakout.

Analysts spot a symmetrical triangle breakout in XRP’s price, echoing the 2017 cycle and suggesting a 530% rally to $22.70 by August. ChartNerd’s monthly chart shows a breakout above key resistance along a 2017 trendline. Fibonacci extensions at 1.272 and 1.618 levels set XRP price prediction targets at $8.41 and $27.34, mirroring past extensions at $0.13 and $0.37. Trading near $3.25, XRP looks poised for bullish momentum. This XRP price prediction model uses recurring Fibonacci extensions and structured impulse waves, but traders should factor in market volatility, macroeconomic conditions and regulatory changes. This summary is for informational purposes and not financial advice.

Gold advocate Peter Schiff has sharply criticized recent cryptocurrency legislation, warning that President Trump’s push for Bitcoin and related bills like the GENIUS Act and CLARITY Act risk legitimizing a “decentralized Ponzi scheme.” Schiff argued that stablecoins authorized under the GENIUS Act cannot shore up a weakening U.S. dollar and that Trump’s proposed 401(k) crypto executive order could accelerate dollar decline and trigger a Bitcoin crash. Drawing parallels to the 17th-century Dutch tulip mania, he dismissed stablecoin initiatives as “nonsense” and described digital assets as a modern delusion distracting from sound, gold-backed monetary policy. Schiff’s remarks coincided with a market pullback, as Bitcoin fell 2% and major altcoins including ETH, XRP, BNB and SOL retraced gains.

Bitcoin retreated to around $118,000 after peaking at $123,000, failing to break the $120,000 resistance. The pullback erased over $100 billion from the crypto market cap, which fell from $4 trillion to $3.94 trillion. Bitcoin dominance dropped below 60%. Major altcoins also fell: Ethereum slid from $3,700 to under $3,600, XRP from $3.6 to $3.4, and SUI, ADA, SOL, LINK, XLM and HYPE saw notable declines. DOGE and ETC bucked the trend. Curve DAO Token (CRV) led weekly losses, down 9.94% to $0.9520 after a 50% rally. FARTCOIN, Sonic, SUI and Litecoin also retraced. High trading volumes on CRV ($493 M) and SUI ($2 B) suggest sustained interest. The gap between Bitcoin’s stability and altcoin weakness points to capital rotation and cautious sentiment. Traders should watch Bitcoin’s key resistance and support levels. They should also track liquidity and volume trends. Strategic risk management is advised to navigate potential further altcoin pressure.

On-chain data shows SharpLink Gaming ETH holdings have surpassed 358,000 ETH, valuing the portfolio at over $1 billion and making the NASDAQ-listed company one of the top corporate Ethereum holders. Since Q2 2023, SharpLink Gaming has amassed around 150,000 ETH by buying dips, including a recent purchase of 4,904 ETH on July 19 via Coinbase Prime. This sustained Ethereum accumulation highlights the company’s long-term confidence in ETH’s growth potential. The ETH accumulation at an average cost of $2,825 per token has generated an unrealized profit of about $260 million. By staking 99.7% of its reserves, SharpLink Gaming secures over 415 ETH in passive yield, reinforcing its staking yield strategy. The firm funded its crypto acquisitions through an at-the-market stock issuance, expanding share authorization from $10 billion to $60 billion and allocating $5 billion specifically for digital asset purchases. SBET shares have surged nearly 200% since early July, reflecting growing crypto market confidence. SharpLink Gaming ETH holdings may serve as a price support level during market fluctuations, underscoring rising institutional demand for Ethereum and blockchain gaming projects. Traders should monitor these support zones and staking rewards for potential trading opportunities.

Bitcoin rallied past $120,600 after former President Trump issued an executive order allowing 401(k) plans to invest in cryptocurrencies. This built on earlier SEC guidance that clarified compliance standards and spurred institutional inflows, with major asset managers filing for spot Bitcoin ETFs. Trading volume on spot exchanges jumped 20% week-on-week and futures open interest rose amid growing market optimism. Federal Reserve remarks supporting a July rate cut and positive stablecoin regulation talk weighed on the US dollar, further boosting digital assets. Analysts expect short-term consolidation but remain bullish medium-term, driven by ETF prospects, clearer rules and fresh institutional capital. Traders should monitor ETF developments, 401(k) implementations and regulatory updates for strategic entry points.

On July 17, 2025, the U.S. House and Senate passed the GENIUS Act, a landmark stablecoin regulation. The bill now awaits President Trump’s signature to become law by late 2026. The GENIUS Act establishes a national framework for U.S. dollar-backed stablecoins. Only licensed banks, credit unions and qualified fintech firms may issue compliant stablecoins. Issuers must hold one-to-one USD reserves, submit monthly third-party audits and operate under federal or state supervision. Algorithmic and non-dollar-pegged tokens are excluded. The law grants holders priority claims on reserves and bans issuers from offering interest. Non-compliant projects, including foreign stablecoins, face U.S. market bans after three years unless home-country rules match. Multi-agency oversight by the OCC, FDIC, Fed, NCUA and Treasury will drive implementation. Regulators have 120–180 days after signing to issue detailed rules, with full enforcement expected by the end of 2026. The clarity has already sparked a 9% XRP rally, as major firms like JPMorgan and Coinbase welcome the GENIUS Act as a catalyst for institutional stablecoin adoption.

Bitcoin price has pulled back from a record high of $123,200 to a low near $115,730. It now trades above $119,500 and the 100-hour simple moving average, entering a consolidation phase around $120,000. Bitcoin bulls have stayed firm, buoyed by a tenth straight day of ETF inflows—$799.4 million on Wednesday—pushing total flows since July 2 to over $5.2 billion. Price analysis shows immediate resistance between $120,000 and $120,200. A clear break above $123,218 could trigger a rally to $135,729 and even $150,000. On the downside, support rests at the 20-day EMA ($113,528), the 100-hour SMA near $119,000, and crucial floors at $115,500 and $110,530. Technical levels show the hourly MACD losing bullish momentum while the RSI remains above 50. Traders will monitor these technical indicators and resistance zones for a decisive breakout or potential pullback. Short-term trading is likely to range from $115,000 to $123,218, with a move above $120,064 signaling renewed bullish momentum.