Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

For di past two weeks, NFT trading volume show strong wahala. For Week 1, di volume drop 22.7% reach $104.5 million as total transaction fall 3.1% reach 1.7 million. Despite di rough patch, active buyers jump 14.9% to 622,535 and sellers climb 16.3% to 447,821. Ethereum-led trading drop 29.9% to $37.7 million, with Polygon, Mythos Chain, BNB Chain, Bitcoin network and Solana all record weekly fall. Top big money sales be CryptoPunks #5898 for 100 ETH ($446k). Last week, NFT trading volume rise 5.7% to $106 million even as buyers and sellers drop almost 70%, showing say value traded no dey follow market participation. Total NFT transactions increase 2.6% to 1.75 million. Ethereum volume soften 4.95% to $34.02 million, but Mythos Chain jump 61.1% to $15.5 million and Polygon fall 14.4% to $13.37 million. CryptoPunks still dey popular with #2368 at 89 ETH plus other sales over 46 ETH.

Solana dey ready for big rally as key tings dey come together. For di past one month, SOL don jump almost 30%, e dey near di early 2025 all-time high. Just like Bitcoin and Ethereum cycles, big ETP inflows and corporate treasury buyings—wey dem dey push by one SEC decision wey go land by October 10, 2025 for spot SOL ETPs—don create supply-demand wahala. Big issuers like Bitwise, Grayscale, VanEck, Franklin Templeton, Fidelity and Invesco/Galaxy don apply for dem products. For di same time, Galaxy Digital, Jump Crypto and Multicoin Capital pledge $1.65 billion to start Forward Industries, one Solana-focused treasury firm wey Kyle Samani dey chair, to buy and stake SOL. Solana fundamentals strong: 150 ms finality, nearly free fees and strong support for stablecoins, token assets and DeFi apps. Market cap na about $116 billion—just one-twentieth of Bitcoin—so even small inflows fit make prices shoot. Despite 4.3% inflation, growing institutional demand and better on-chain utility dey make people get better hope for SOL.

SEC don delay again key decisions for plenty crypto ETF proposals, dem extend di review deadlines reach di allowed limit. BlackRock Ethereum staking ETF get October 30 deadline now. Fidelity and Franklin Templeton Ethereum staking funds get until November 13. CBOE 21Shares ETH ETF and NYSE Grayscale ETH ETF dem push go October 23 and 29 respectively. Franklin Templeton Solana and XRP ETF reviews dem dey end on November 14, while Bitwise Dogecoin ETF deadline na November 12. Dis crypto ETF delay give regulators more time to check staking mechanics, custody solution dem and investor protection dem. Traders dey wait final rulings as over 90 crypto ETFs still dey under review.

On August 23, Ethereum (ETH) small small drop below di important $4,700 support level for OKX, wit ETH price touch low tori around $4,687. Even though e drop reach dat level, ETH still take 3.2% intraday gain, compare to di 1.81% rise wey happen earlier dat day. Di breach of $4,700 show sey market dey volatile and maybe di bullish momentum dey weaken small. Traders suppose watch $4,700 as important support and $4,800 as resistance, plus make dem dey monitor di volume indicators to confirm. Dis event show sey risk management na serious matter, and sey e good make person get clear entry and exit points as price dey change sharp sharp.

Bitchat downloads for Nepal jump come from 3,500 go near 49,000 after government block 26 social media platform during anti-corruption protests. Jack Dorsey and open-source guy Calle develop this offline message app wey dey use Bluetooth mesh networking plus Nostr protocol for secure, no internet, no phone number, no registration communication. E get "Panic Mode" wey fit clear data sharp sharp to protect users. Social media ban wey government do to stop wahala instead make youths lead demonstrations wey cause Prime Minister K.P. Sharma Oli comot and violence wey cause suffer. Same kind increase for Bitchat use happen for Indonesia when political gbege dey. Now developers wan add Bitcoin-based Ecash payments, make Bitchat be one platform for message and private money. This increase show say people want decentralized messaging and freedom tech as digital censorship dey rise, e also bring new on-chain way to use Bitcoin plus market opportunity.

FTX don dey unstake SOL assets again, dem don redeem 192,000 SOL (~$45M) dis month to support di creditor repayment. Since November 2023, di FTX estate and Alameda don liquidate almost 9M SOL, wit 4.18M SOL still dey staked under four-year vesting schedule. This new FTX move to unstake SOL spread tokens across many addresses before dem send am go exchanges like Coinbase and Binance. After di announcement, SOL rally 8% reach $238, pass BNB to become di fifth largest cryptocurrency by market cap. Traders suppose dey watch di ongoing Solana unstaking and asset liquidations to sabi how e go affect SOL liquidity and price trends, ahead di next payout round on September 30.

Massachusetts Attorney General don file civil suit against Kalshi, accuse di prediction market say dem dey offer unlicensed sports betting through binary “event contracts.” Regulators claim say Kalshi process over $1 billion for 3.4 million bets from January to June 2025, mimic moneyline, point-spread, and prop wagers so dem fit bypass state gambling laws and consumer protections. Kalshi allow 18–21 year-olds make trade without deposit limits or cooling-off periods until March 2025. Commonwealth dey seek damages, civil penalties, and injunction to stop Kalshi operations for Massachusetts. Di Kalshi lawsuit show say na federal-versus-state fight dey over CFTC oversight and regulatory preemption. Kalshi get partial CFTC no-action letter and don win favourable rulings for Nevada and New Jersey, even as seven states don issue cease-and-desist orders. Rival Polymarket, wey get CFTC approval, dey prepare to return US. Traders suppose monitor di outcome to understand how e go affect crypto derivatives platforms and prediction markets compliance.

Two Hong Kong technicians dem bin arrest for illegal Bitcoin mining afta dem steal electricity from disabled care homes for Sham Shui Po and Kwun Tong. Police find eight hidden mining rigs for suspended ceilings during renovation wey cause monthly bills to jump by HK$8,000–9,000 plus plenty network slowdowns. Tech crime squad start di probe after IT staff report internet wahala. Di suspects take advantage of facility upgrades to tap both power and network lines. Under Hong Kong Theft Ordinance, stealing electricity for Bitcoin mining fit give you five years jail. Di case remind us say unauthorized Bitcoin mining get risks and show how important energy and network monitoring dey during building renovations.

Cardano (ADA) price outlook don change from di earlier $6 target to di revised $5 by 2025. Dis forecast base on network scaling upgrade dem, full on-chain governance wey come from di Chang hard fork plus di increase for DeFi and interoperability activity. Di main resistance levels na $1.05, $1.32 and $1.80, while support dey for $0.75, $0.62 and $0.48. For meanwhile, di Ozak AI presale don enter Stage 5 at $0.01 per token, dey raise $2.9 million—wey increase from $1.8 million wey dem gather before. Dis AI-driven platform dey provide predictive analytics plus on-chain data feed for traders, backed by partnership with Manta Network, Weblume and SINT. Crypto traders fit balance their long-term Cardano (ADA) holdings with high-growth exposure for Ozak AI presale to diversify their portfolios and make better use of di emerging AI-blockchain trends.

Di Hyperliquid USDH vote go open dis Sunday from 10:00 to 11:00 UTC as staked HYPE holders go decide who go be di protocol dollar pegged stablecoin issuer. Validators and delegators need make dem get two-thirds majority to approve one among eight contenders — Native Markets, Paxos, Sky, Frax Finance, Agora, Curve, BitGo and OpenEden — after Ethena withdraw and support Native Markets. Each bidder get different reserve setups, yield allocations and compliance guarantees: Native Markets wan mint USDH for HyperEVM with reserve yields split between HYPE buybacks and ecosystem growth; Paxos promise 95% interest to HYPE buybacks; Sky through LayerZero promise about 4.85% yield; Frax back frxUSD reserves under GENIUS Act; Agora partner with VanEck; Curve, OpenEden and BitGo bring late bids. Hyperliquid Foundation and Kinetiq wey control 63% of HYPE go abstain, while delegators fit change their support before and during the vote. USDH go become main collateral for perpetual futures, with over $330 billion monthly volume dem dey stake. Traders suppose dey watch USDH vote result, HYPE price movements, on-chain staking changes and reserve disclosures after vote to sabi future liquidity flow and protocol incentives.

Gemini IPO for Nasdaq raise $425 million after dem price set between $24-$26 and e oversubscrib 20 times. Shares start for $28 then rise pass 40% to max $40.71, cause two trading halt because wahala plenty. Nasdaq lead institutional support with $50 million investment. The Winklevoss twins still get 94.5% voting power with stake $3.07 billion. Dis crypto IPO success show say more companies go list for 2025, after Circle $1.1 billion USDC issuer debut and Bullish big offering. Regulatory clarity and the way institutions dey adopt am dey give market confidence. Industry dey dey look forward Kraken, Anchorage Digital, and Chainalysis IPO dem wey dey come.

Siton Mining don launch one beta eco-friendly XRP cloud mining app wey dey make XRP cloud mining easy for people all over di world. Dis mobile platform allow you do one-click mining wit your smartphone without need expensive hardware or plenty electric money. New users go collect betweem $10 to $100 bonus when dem register. Dem get flexible contract plans wey go distribute computer power automatically and give daily XRP rewards. Di USD peg for settlement mean say mining money go turn dollar wen you deposit and turn back to XRP wen you withdraw, dis one dey reduce price wahala. Key tins be 24/7 automatic settlements, clear terms, separate hot and cold wallets, advanced encryption and real-time risk monitoring. Di app accept payment in BTC, ETH, XRP, LTC, DOGE and USDT, and e convert all fees to USD. Built on renewable energy, Siton Mining wan reduce entrance barrier, promote sustainable crypto mining and expand XRP adoption wit future DeFi integration, social mining pools and cross-chain support.

Bitlayer don don put Chainlink Cross-Chain Interoperability Protocol (CCIP) as dem default cross-chain infrastructure, wey fit make safe, quick transfer of BTR, USDC, USDT, ETH plus WSTETH for Ethereum, BSC, Avalanche and Plume. By take Chainlink CCIP, Bitlayer dey solve liquidity and scalability wahala inside Bitcoin DeFi, using Chainlink decentralized oracle networks wey dey secure over $25 trillion on-chain value. Next, CCIP go make YBTC, Bitlayer yield-bearing BTC-pegged asset wey dem build on top BitVM framework, native, introduce Turing-complete smart contracts for Bitcoin ecosystem. This upgrade go open new cross-chain yield chance for traders and give developers strong tools to build secure multi-chain Bitcoin DeFi apps. Chainlink CCIP always-on reliability and future-proof design dey lay foundation for fully connected Bitcoin DeFi network.

Remittix presale don gather pass $25.2 million, dem don sell 658 million RTX tokens for $0.108 each, e don increase from the early $21.5 million wey dem raise for $0.0987. This cross-chain DeFi project wey CertiK audit dey target the $19 trillion global payment market by making direct crypto-to-bank transfers possible for over 30 countries with low gas fees. Remittix presale dey support over 40 digital assets and 30 fiat currencies. Key milestones include mobile-first wallet beta for Q3 2025 wey go offer crypto staking, real-time FX conversion, and smooth payments. Dem don get first listing for BitMart and dem plan to list for LBank too, so liquidity and market visibility go improve. Community growth dey boosted by $250,000 giveaway and 15% USDT referral program. Meanwhile, Stellar (XLM) and Hedera (HBAR) gain as traders dey find quick, transparent cross-border transfers. XLM climb 4.56% go $0.3864 for market cap $12.51 billion, HBAR rise 0.52% go $0.2336 for market cap $9.98 billion. With strong token utility, heavy capital inflows and growing momentum, Remittix presale dey put RTX as one of the top altcoins for crypto traders for 2025.

South Korea go allow digital asset trading platforms and broker dem for apply venture status under new Venture Business Act Enforcement Decree wey dem revise, e go start for September 16. Dis change comot di ban we dem put for 2018 and e open road for tax incentives, R&D subsidies, credit guarantees plus government-backed funding, and dem go improve supervision too. Di new venture status framework wey Cabinet approve for September 9 design to quick blockchain development, smart contract tools and cybersecurity services by attract private investors. Minister Han Seong-sook talk say dem wan build transparent market. Plus, Financial Services Commission plan to carry stablecoin regulation law go National Assembly for October. Traders suppose dey watch how dis policy fit boost sector funding and market liquidity.

DTCC don add spot ETF applications for XRP ETF, SOL ETF and HBAR ETF—Fidelity FSOL plus Canary XRPC and HBR—come their NSCC eligibility list, wey fit make brokers and market makers fit process trade once SEC approve am officially. Bloomberg and Polymarket data show say chances high for these funds, near 100% chance for SOL ETF and around 90–95% for XRP ETF and HBAR ETF. Even though issuers ready, experts like Nate Geraci talk say DTCC list no dey affect regulatory approval; SEC final decision for these crypto ETFs dey due come October. Meanwhile, REX-Osprey Spot XRP ETF don finish im 75-day review and go launch for September 12, wey go give direct XRP exposure. Market sentiment dey bullish, SOL don rise more than 15% and XRP gain 8% dis week as traders dey wait for SEC green light.

Forward Industries don lock down $1.65 billion PIPE financing wey Galaxy Digital, Jump Crypto plus Multicoin Capital dey lead. Di deal wey dem use cash plus stablecoins take fund start wetin dem dey call di world biggest Solana Treasury strategy. Multicoin pipo Kyle Samani go be chairman for di board. Galaxy man Chris Ferraro plus Jump pipo Saurabh Sharma go join as observers. Di net money go use buy SOL tokens. Di Solana Treasury go dey managed actively for staking, lending and market-making. Galaxy dey target make alpha make dem grow SOL-per-share faster than person wey just dey hold am passive. How e go take happen depend on how fast dem dey buy, di place (OTC vs exchange) plus di strategy mix. On-chain data show say Galaxy carry over 2.15 million SOL comot from exchanges within 24 hours. SOL price jump about 6% after dem announce am. Di Solana Treasury fund show say institutional demand dey rise. E fit boost SOL liquidity plus market stability for long term.

Little Pepe (LILPEPE) don raise over $25 million for im presale, sell pass 15 billion tokens. E build am for im own Ethereum Layer 2 chain, di meme coin dey offer EVM-compatible, fast-speed and low-cost transactions. To reward im community, di project launch 15 ETH Mega Giveaway: top buyer go win 5 ETH, second 3 ETH, third 2 ETH, plus 15 random participants go collect 0.5 ETH each inside Stage 17. Also, all LILPEPE holders qualify for separate $777,000 giveaway. Dis presale success show say strong demand dey for utility-driven meme coins and e put Little Pepe gidigba for market gains weh fit happen.

South Korea Ministry of SMEs and Startups go lift di 2018 crypto VC ban for September 16, wey go remove digital asset companies from di restricted enterprise list. Crypto startups fit now apply for venture certification and access government-backed programs like TIPS, K-Startup Grand Challenge, risk-sharing investments, tax incentives, and accelerator support. Dis one follow beta reforms before, like di 2021 licensing system for virtual asset service providers and di coming July 2025 Virtual Asset User Protection Act. Private investors don dey gather new capital: Sora Ventures don raise $200 million towards $1 billion Bitcoin fund, while Bitplanet secure $40 million for institutional-grade Bitcoin treasury. Analysts talk say lifting di crypto VC ban go boost market liquidity, drive blockchain innovation and attract global investors, but dem warn say without check, di funding fit cause speculation.

RWA tokenization don gain beta momentum dis week as RWA token jump 11%, make market cap reach $76 billion. Total onchain assets wey dey real-world asset hit record $29 billion, almost double since January. Private credit strategy now dey make over half of onchain value, while tokenized US Treasuries dey about 25%. Ethereum plus Layer 2 networks hold over 75% of these assets because their tooling don mature and fees low. Institutional interest dey rise as protocols like Chainlink (LINK), Avalanche (AVAX) and Ondo Finance (ONDO) dey support am. BlackRock $2.2 billion BUIDL fund for Ethereum plus plans to tokenize ETFs dey show say adoption dey grow. US regulatory backing na key driver for market modernization. Traders suppose dey watch infrastructure tokens as RWA tokenization dey expand for DeFi and institutional finance.

SEC Chair Paul Atkins don show one unified regulatory framework for super-app crypto tokens and on-chain capital raising wey combine trading, custody, lending, staking, and payments under one set of rules. Dis framework dey try reduce compliance costs, stop regulatory duplication and encourage innovation for multi-service crypto platforms. The proposal dey align with SEC’s Project Crypto plus ongoing work with CFTC’s Crypto Sprint, and maybe legislative support go show soon. Atkins talk say most crypto tokens no be securities and e support oversight wey balance and based on activity. Traders suppose dey watch Congress talk and formal rulemaking, because better regulations fit make market structure, investor protections and liquidity better.

Dogecoin don breakout from one symmetrical triangle around $0.24, e rise pass 3% to dey trade near $0.25. The triangle breakout clear short position and push 24-hour volume reach about $3.5 billion, while futures open interest increase 10% to $4.6 billion. Traders dey target Fibonacci levels for 0.618 ($0.2386), 0.786 ($0.2536), 1.0 ($0.2579), 1.272 ($0.2799) and 1.414 ($0.3178), with measured move wey dey aim for $0.31. Main support zones dey for $0.24, $0.2268 and deeper structural levels near $0.19, wey give clear risk-management points. The strong triangle breakout, rising liquidity and growing futures open interest mean say Dogecoin get bullish momentum for near future.

Kraken Perps don land for Kraken main app, e dey give qualified retail traders 24/7 access to crypto futures trading through perpetual contracts. Dis new feature allow users to take long or short positions on assets like Bitcoin without owning the underlying asset, and them fit adjust position sizes anytime. Trades fit use Kraken USD balances as collateral, with plans to add more collateral options. Kraken Perps integrate better risk management tools like customizable stop-loss orders, margin alerts, and easy mobile execution to help retail traders limit losses for volatile markets. The platform also provide educational resources about perps mechanics and responsible trading. E launch come as perpetual contract volume hit record $515 billion for August 2025, follow Kraken plan to expand crypto derivatives suite ahead of possible 2026 IPO. Future launches go cover more compliant jurisdictions as Kraken dey innovate, including recent launch of tokenized stocks for EU, Breakout acquisition, and incubation of INK Layer 2 network.

Early Bitcoin pioneer Charlie Shrem dey mark di ten years anniversary of him early release wit Scarce City auction wey get 12 Silk Road-era artifacts. Di collection get Shrem 2014–15 prison diary, one Bitcoin (BTC) ring and di rare May 2012 first issue of Bitcoin Magazine. Shrem bin arrest for January 2014 for help pass over US$1 million in BTC to Silk Road, him plead guilty and serve part of di two-year jail time before him early release for September 2015. Silk Road founder Ross Ulbricht get presidential pardon for January, and before im don sell him prison things for Scarce City for US$1.8 million. Silk Road saga still dey go on: one former UK National Crime Agency officer land jail for misappropriate 50 BTC linked to Silk Road 2.0 and US authorities seize over 50,000 BTC from James Zhong for 2021. Dis auction show say demand for crypto memorabilia dey rise and e dey preserve early Bitcoin history.

Binance Coin (BNB) jump reach all-time high $906 afta Binance announce say dem get strategic partnership with Franklin Templeton and better pass wetin dem expect US PPI reading carry market rally come. Di deal go tokenize Franklin Templeton ETFs and investment funds for Binance Smart Chain, make BNB get better use for transactions and smart contracts. Trading volume rise 64% for 24 hours, and recent fee cuts for Binance US add extra bullish momentum. Technical analysis don identify support zones at $830 and $740, wey fit give better pullback entry points. Analysts don set target $1,500 for BNB as institutional tokenization and DeFi integrations dey waka quick.

Trump CFTC chair nominee Brian Quintenz don publish private text messages wit Cameron and Tyler Winklevoss for X, just two days before di planned Gemini IPO. Inside di texts, di twins dey press Quintenz for assurance ahead of one January CFTC enforcement action wey end for $5 million settlement over misleading di agency about Bitcoin futures product. Quintenz no gree to promise leniency but e pledge say e go give fair review. E also talk say di Winklevoss twins push White House make dem delay him Senate confirmation. Gemini dey plan register for Nasdaq with ticker GEMI. Di offering target $3 billion valuation and e wan raise $430 million. Major institutional backers include $50 million Nasdaq private placement. Di sudden release of these messages show how regulatory risks dey surround high-profile crypto listings and e put eye for transparency inside CFTC enforcement. Traders suppose watch how Gemini IPO go fit cause market yawa. Dey monitor any Senate confirmation delay and more enforcement matters. Regulatory uncertainty fit affect investor confidence and di price movement for GEMI.

Forward Industries wey dey Nasdaq bin close $1.65 billion private placement wey Galaxy Digital, Jump Crypto and Multicoin Capital lead. Dem go use the money build one of the biggest company treasuries for Solana. After the announcement, the company shares raise 6.5%. As part of better plan to change from device accessories to blockchain, Multicoin co-founder Kyle Samani become board chairman, plus people from Galaxy Digital and Jump Crypto join board. Solana network grow nearly 9 billion transactions for Q2 2025 and more than 7,500 new developers for 2024. Plus company holdings don pass $1.4 billion. This show say institutions dey trust am well well and dem dey move towards active treasury management and staking strategies on SOL.

Kyrgyzstan parliament don change dia law on virtual assets to set up state crypto reserve and start state-run mining. Dem don shift oversight from Financial Market Regulation and Supervision Service go one new body wey the president appoint, wey go dey responsible for licensing and supervising digital asset service providers. State crypto reserve na legally defined as diversified portfolio of digital assets—wey state mine, acquire and tokenize. Bitcoin and secured stablecoins backed by fiat or real-world assets for blockchains like Solana dey eligible. State-backed miners go pay same energy tariffs as private operators, to handle power supply concerns. Dem go get regulatory sandbox to test blockchain innovations under strict transparency and investor protection rules, wey go allow only assets with verifiable backing. For May, Binance join hand with government Council for Development of Digital Assets to advise on implementation. Kyrgyzstan join Kazakhstan as pipo wey dey pioneer national crypto reserve plans, marking better change for digital economy integration.

Senate crypto bill don kpai progress as some key senators dey warn say lawmakers never ready to finish regulations. Senator John Kennedy and others talk say more than 160 questions from people wey get stake still dey unresolved before the plan to mark am on September 30. This delay fit make the crypto bill pass the time wey dem plan. The market structure bill wey Senators Tim Scott and Cynthia Lummis dey lead wan clarify who SEC and CFTC dey supervise, reclassify digital commodities as no be securities and comot retail income caps. As House don pass the CLARITY Act and GENIUS Act wey dey deal with stablecoin rules, Congress wan bring clear regulation for US crypto companies. Traders suppose watch these law moves well well. Any delay fit cause market wahala and change how dem go trade digital assets.