Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

US Bancorp don bring back their Bitcoin custody service wey dey for institutional asset managers after SEC comot SAB 121 and OCC, FDIC plus Federal Reserve comot “reputational risk” exams. Dem dey partner with NYDIG wey be sub-custodian, the bank dey offer full-service Bitcoin custody and administration, including support for Bitcoin ETFs under early access program for Global Fund Services clients. Stephen Philipson wey be Head of Institutional Banking talk say e be the improved regulatory clarity wey push dem. US Bancorp still dey look stablecoins and other cryptocurrencies for future custody solution. Meanwhile, Citigroup dey explore similar crypto custody and payment services, plus the SEC and CFTC don clarify say registered exchanges fit help do eligible spot crypto trading. Traders fit see increase institutional inflows and better market stability as result.

Prediction markets dem dey now favor Fed Governor Christopher Waller to succeed Jerome Powell as Fed Chair, as im odds don rise pass 50% afta im dissent vote wey im cast for July FOMC to cut interest rates by 25 basis points. Im get backing from former President Trump wey criticize Powell high rate matter and data from Polymarket, Waller always dey push make dem reduce rates to ginger growth. E be known supporter of private stablecoin innovation and e talk say stablecoins fit increase competition for payments and e go complement US dollar, but e no gree with one central bank digital currency. Traders suppose watch for possible policy changes under Waller led Fed Chair government, wey fit bring more flexible rate adjustments plus clearer regulation for stablecoin issuers, wey fit free capital for risk assets and make crypto market confidence strong.

American Bitcoin, di Trump back Bitcoin miner, don finish one kain volatile Nasdaq debut through all-stock reverse merger wit Gryphon Digital Mining. Shares open for $6.90 come go up 91% reach $13.20 before e drop 49% come reach $6.72, settle for $8.05, increase by 16.5%. After-hours trading add 5% make e reach $8.45. Dem stop trading five times because of sharp swings. The listing make American Bitcoin value about $5 billion. The company get 2,443 BTC (about $273 million) and e plan to do at-the-market offering of up to $2.1 billion for Class A shares. The money go fund Bitcoin buying plus new ASIC mining equipment. Eric Trump call am “historic milestone” for bring Bitcoin enter U.S. capital markets. Critics, including Senator Elizabeth Warren, warn say fit get conflict of interest. Traders suppose watch how American Bitcoin stock dey move plus the way dem dey mine and buy together as signs of how institution dem want am and the overall market feeling.

XRP price try recover pass di $2.80 support zone and e still dey above di 100-hour simple moving average. But e stop near resistance for $2.88–$2.92 and e fall under one rising channel for $2.85. Now, di token need hold $2.8120 make e no lose more. Immediate resistance dey for di 61.8% Fibonacci retracement level for $2.9160, wit upside targets for $3.00 and $3.05. For downside, if e close below $2.80, e fit push price go $2.78, $2.74 and di $2.70–$2.65 support zone. Technical indicators dey show say di bullish MACD dey slow down and di RSI dey fall below 50, wey mean momentum dey fade. Traders suppose dey watch dis key levels to sabi wetin next move for XRP price go be.

OnchainLenz for August 19 waka first notice say dem withdraw 15,752 ETH (~$68 million) Ethereum from di big broker FalconX. Dis week on September 4, three new wallets wen activate carry comot another big Ethereum withdrawal, 65,662 ETH (~$290 million) from FalconX. Dis kind big withdrawals dey show say big institutions dey rearrange their assets like OTC trading, move crypto go cold wallet wey dem control by themselves, prepare for staking under Ethereum’s Proof-of-Stake system, balance their portfolio or put dem for DeFi projects. The new addresses mean say new people don enter market or dem dey do inside restructuring. Even though big withdrawals fit make market feelings shake, e no mean say people go sell immediately; money fit be saved for long-term hold or to do yield farming. Traders suppose use on-chain analysis to watch how flow go to exchange and wallet movement, to see if people go sell or do staking. Dis kain things show blockchain transparency and how e important to moni moni events as e dey happen to take better trade decisions.

On September 3, 2025, di U.S. Treasury’s Office of Foreign Assets Control (OFAC) put sanctions on Guangzhou Tengyue Chemical and two people dem. Di company supply strong synthetic opioids nitazenes and sedative xylazine to U.S. buyers and promise clearance for customs. OFAC sanctions also mention one Bitcoin address wey relate to Huang Xiaojun wey collect $1.26 million from darknet sellers and crypto ATMs between 2021 and 2025. Dem work hand-hand with DEA and FBI to show say dem dey serious about stopping bad tins wey dey happun wit cryptocurrency. Compliance teams, exchanges, and Chainalysis dem encourage make dem flag the sanctioned address to manage risk.

Galaxy Digital CEO Mike Novogratz dey predict say autonomous AI agents go soon drive big increase for stablecoin transactions. For one Bloomberg interview, e talk say AI-powered grocery and payment bots go bypass traditional rails, dem go use stablecoins do real-time buying. This trend dey follow tech giants like Apple, Google, Airbnb and Shopify wey don dey use am well, plus payment networks like Visa wey don add USDG, PYUSD and EURC inside their settlement platforms. Retail markets dey also accept am more, like Spar for Switzerland wey dey allow crypto payment. Surveys show say 90% institutions dey explore or dey use stablecoins. Infrastructure projects like Anoma and Kite AI dey build intent-based blockchain framework, while DApps like Clanker dey show practical AI-powered crypto services. Traders need ginger their eye on on-chain liquidity, new AI uses and regulation changes to fit benefit from stablecoin trading opportunities.

US Bank don relaunch dia Bitcoin custody service for institutional clients, wey dem dey use dia $11.7T assets under custody. Di firm pause to take onboard new Bitcoin custody clients for 2022 because market dey unstable and regulation no clear. Di new service get separate cold storage, security wey strong pass before, full compliance with regulation and e fit join di existing treasury service weh dem get. Asset managers, hedge funds and family offices fit now manage Bitcoin custody for platform wey dem sabi and dey regulated. Dis move dey follow wetin BNY Mellon and State Street do, e dey show say more institutions dey ready to accept crypto custody. Analysts dey expect say competition go increase inside Bitcoin custody sector, more institutional money go enter and market confidence go improve.

SUI Group Holdings, wey dey for Nasdaq before dem been call am Mill City Ventures, don increase dia SUI tokens reserve by buying 20 million extra SUI tokens under one discounte locked deal with Sui Foundation. Dis one mean sey their total tokens holding don reach 101.8 million tokens, wey value be about $344 million as of September 3, 2025. Di company finish private placement of $450 million to set up dia official crypto reserve. Dem also get $58 million cash wey dem dey keep for buying more tokens. The CIO, Stephen Mackintosh tok sey SUI Group go continue to raise money and dey buy locked discounted SUI tokens to increase the per-share reserves and add value for the shareholders. Dis kain move follow wetin other public companies dey do as dem dey build digital asset treasuries, dey diversify into altcoins like Solana and Toncoin. Traders need watch out for price support as SUI Group dey continue to buy company tokens, wey dey reduce the supply wey dey for market and show strong confidence for the SUI ecosystem.

MicroStrategy go join di S&P 500 dis Friday, e go open way for passive money wey dey come into dia shares. Di company get over 190,000 Bitcoin (BTC), wey dem value about $7.5 billion, and dis show how di founder Michael Saylor dey take dey buy. If dem put am for S&P 500, e go make index funds and ETFs wey dem dey use track di index buy MSTR shares, and dis one go increase demand and how easy e be to buy and sell. Traders dey expect say di stock go rise like how e happen when companies like Tesla first enter. Bitcoin dey trade near im highest price ever, and dis move show say more big companies dey accept Bitcoin through their company balances. Market people warn say if more people come in, e fit make Bitcoin inflows increase and market go get better liquidity, dis go good for MicroStrategy and Bitcoin alike.

Crypto analyst STEPHISCRYPTO dey predict say XRP go do parabolic rally after Fed cut 25 bps for rate during the September 17 FOMC meeting. E talk say for late 2024, when dem do similar cut, XRP jump 488% from under $0.50 come pass $3 within weeks, e form rounded base before the decision. Using comparison chart of XRP/USD, analyst talk say price go pass $8 come enter double digits by early 2026. Market chances for 25 bps cut na 85–90% according to CME FedWatch tool, wey get support from Fed Chair Powell and Governor Waller hints. BlackRock and other firms also dey expect multiple cuts. But some economists warn say strong US growth fit delay rate easing. Traders suppose dey watch FOMC results, rate forecasts and technical patterns to catch potential buy chance for XRP.

XRP dey trade inside bull flag for daily chart after e rebound from $2.80. Technical analysis show say key support dey for 100-day SMA ($2.68) and 200-day SMA ($2.48). If e close pass 50-day SMA for $3.08, e go confirm breakout and target $5. Odds for XRP ETF approval don jump reach 87% for Polymarket as SEC dey review 11 applications. SEC gats decide by late October, Franklin Templeton deadline na November 14. Increase for XRP ETF approval expectation fit attract up to $5 billion institutional inflows. Traders go watch if XRP fit hold pass $2.75 to maintain the bull flag structure. Sustained ETF approval momentum fit fuel more upside and validate the technical setup.

Ethereum dey trade for about $4,312, wey be like 15% less compared to e record high wey e reach for August 24. Geopolitical wahala and trade gbege don make people dey avoid risk. But the on-chain stats show say the network dey grow well well. Weekly fees catch up by 30% reach $16.3 million, pass Solana and Tron. August DApp revenue hit $466 million, up 36% month-on-month, make Lido, Uniswap and Aave lead the way. For derivatives market, two-month futures dey trade for 5% premium. Open interest increase by 26% reach $58.5 billion, options skew remain neutral. Institutional demand dey rise too. Companies add 2 million ETH for last one month, push reserves to 4.71 million ETH (about $20.2 billion). Firms like BMNR, SBET and ETHM dey put money for Ethereum-based DApps. The rise for on-chain activity and institutional flow dey back bullish look for Ethereum. If network growth and capital inflows continue, ETH fit test $5,000.

SEC and CFTC don drop joint statement under Project Crypto and Crypto Sprint, dem clarify say CFTC registered DCMs and SEC registered NSEs fit offer some spot crypto trading products. This move make crypto assets be like commodities and clear road for main spot crypto trading for NYSE and Nasdaq. Regulators still invite market people to discuss how to implement and issue advisory to allow US users access non-US exchanges. Market reaction soft, with total crypto market cap reach $3.91 trillion, Bitcoin around $111,000 and Ethereum near $4,300; altcoins like SOL and BCH get small gains. Analysts expect short-term cool down before possible Q4 bull run wey Fed rate cut fit drive. This regulatory clarity dey boost spot crypto trading to blend into traditional finance, likely to increase liquidity and adoption.

Coincheck don buy Aplo wey dey for Paris, na one institutional digital asset prime brokerage, under one share purchase agreement. The deal go change all the Aplo shares wey remain enter new Coincheck common shares and e set to close for October. As Coincheck don buy Aplo, e gats European footing for institutional crypto market. Aplo dey under French AMF regulation and dey run for MiCA license, dem dey serve over 60 institutional clients like hedge funds, banks plus asset managers. After dem close the deal, Coincheck go join Aplo trading infrastructure to make platform liquidity better and go start margin trading, deferred settlement plus financing solutions for plenty places. Coincheck CEO, Gary Simanson yan say the deal bring European institution-level skills and e fit enable B2B2C crypto service for banking partners. The parent company Monex Group dey try work on yen-pegged stablecoin make dem fit remain competitive. Coincheck third quarter revenue for FY2024 don rise 75% from last year because of recent M&A and the Nasdaq listing wey happen December 2024.

Kraken and Swiss partner Backed don extend their xStocks tokenized stocks suite to Ethereum. Dem issue fully collateralized ERC-20 tokens wey dey backed 1:1 by underlying stocks and ETFs, including AAPLx, TSLAx, and NVDAx. Non-US clients go soon fit deposit and withdraw these tokenized stocks directly into Ethereum wallets. Traders fit use dem for Ethereum DeFi protocols for yield farming, lending, or trading. This launch follow xStocks’ rollout for June on Solana, BNB Chain, and TRON, wey see more than $3.5 billion trading volume and 25,000 unique holders. By leveraging Ethereum’s big smart-contract ecosystem — wey dey secure $500 billion assets and $107 billion DeFi market — Kraken dey aim to boost liquidity, make fractional ownership possible and enable 24/7 trading. This move show the growing demand for real-world asset tokenization and e strong Kraken’s multichain strategy on purpose.

Binance don drop BakeryToken (BAKE), Hifi Finance (HIFI) and Self Chain (SLF) after dem announce am for September 3, 2025. All spot trading pairs dem remove for 03:00 UTC on September 17. Withdrawal support for BAKE, HIFI and SLF go end for 03:00 UTC on November 17; from November 18, Binance go just convert any balance wey remain inside to stablecoins automatically. After Binance delist these tokens, their price sharply drop for market. Traders suppose check their positions and close am before deadline so dem no go face forced liquidation. Dem dey expect say liquidity go low and market noise go high. This update show Binance dey manage asset well and e serious to maintain strict listing standards for spot trading.

According to Citi Securities Services Evolution survey wey involve 537 finance executives, post-trade tokenization fit make up 10% of global turnover by 2030, with U.S. markets leading at 14%, Europe at 10%, and APAC at 9%. Bank-issued stablecoins na di favourite way to improve collateral efficiency, fund tokenization and access private markets, wey dey drive DLT investments fokus on liquidity and cost savings before 2028. Meanwhile, 57% of institutions dey pilot generative AI for post-trade workflows and 67% of institutional investors don dey use genAI already for reconciliation, clearing and settlement, with onboarding pilots work dey go on with brokers and custodians. Regulatory momentum including the U.S. GENIUS Act dey boost confidence for bank-issued stablecoins as e dey align compliance and credit profiles. Traders suppose watch out for progress for bank-issued stablecoins, post-trade tokenization and genAI integration as catalysts for better liquidity and lower post-trade costs, fit mean say DLT assets for institutional markets get better chance.

CleanCore Solutions don secure US$175 million private placement to make Dogecoin (DOGE) their main treasury reserve, led by new chair Alex Spiro, Elon Musk’s lawyer. The company wey base for Nebraska dey partner with Dogecoin Foundation and House of Doge, dem put Timothy Stebbing and Marco Margiotta go their board, plus dem dey use 21Shares for governance and yield strategies. After dem talk their Dogecoin treasury plan, CleanCore Nasdaq shares drop almost 60% from US$6.86 to US$2.69, just like decline wey similar Dogecoin treasury strategies like Spirit Blockchain Capital, Dogecoin Cash Inc. and Bit Origin get. Traders suppose dey watch how institutions dey show interest for Dogecoin and whether foundation-backed crypto treasury models fit last, especially with big market wahala and the token drop 33% for the year.

On-chain analysis dey show say one big Ethereum (ETH) whale don commot all e 2,585 ETH wey e get—na like $11.3 million—go Binance. Analyst wey dey track am, @ai_9684xtpa yan sey the whale buy am at average price of $2,316 and e see the highest price of $4,378, which make am profit about $5.33 million, na 89% ROI. Dis big Binance deposit fit mean say liquidation risk dey. For history, when whale dem deposit plenty na often time e dey come before market sell-off and e dey put pressure on price for short time. Even though no sale don confirm, crypto traders suppose dey watch ETH whale movement and exchange balances well-well. To dey track on-chain whale transfer and Binance deposits still important to fit predict changes inside market liquidity and maybe bearish trend for ETH trading.

Analyst dem don see say e get 87% chance say dem go approve spot XRP ETF for 2025, wey higher pass di earlier estimate dem. Canary Capital CEO Steven McClurg talk say di XRP ETF fit catch $5 billion net inflows within 30 days after e launch—e go pass di Bitcoin ETF debut wey get $3.3 billion plus e go avoid wetin happen for Ethereum ETF wey dem dey commot fund for July and August. Di real-world use of XRP for cross-border payments, strong institutional sabi am, and di active “XRP Army” community na wetin make people dey optimistic. Regulatory case wey dem get from XRP futures fit make SEC approve am fast. Traders suppose watch out for possible wahala around di ETF launch and still dey look out for similar spot ETF wey dem go launch for Solana, Hedera and Litecoin before end of di year or early 2025.

Scammers don launch big WLFI phishing attacks using Ethereum EIP-7702 delegate function to jaga wallets and comot WLFI holdings. Dem dey fool users make dem sign bad delegate calls, hidden contracts fit run automatic to comot airdrops and token balances for big scale. Security firm SlowMist don report many cases wey dey target sharp WLFI holders, plus fraudsters come drop fake WLFI tokens for honeypot swaps for Phantom Swap, wey make one trader loss about $4,876. These wahala show new crypto security palava with EIP-7702 features. Traders wey hold WLFI need check transaction approvals well, cancel unused delegate permissions, and move assets go safe wallets sharp sharp to prevent phishing matter.

SmartGold and Chintai Nexus don launch one IRA gold tokenization framework, dem don shift $1.6 billion vault bullion go on-chain as 1:1 tokenized gold. Every digital token get audited, insured physical gold wey dey for qualified retirement vaults, e dey keep tax-deferred status. Investors fit use tokenized gold as DeFi collateral to unlock dollar liquidity for lending protocols like Morpho and Kamino, combine gold stability with yield generation. For August, Chintai join Chainlink’s Cross-Chain Interoperability Protocol and oracle services make cross-chain transfer secure, automate audits, and maintain proof-of-reserves. This IRA gold tokenization initiative na one of the biggest real-world asset tokenizations so far and SmartGold call am paradigm shift, e dey turn passive bullion to productive DeFi collateral for self-directed retirement portfolios.

Bitcoin ETFs don hold pass 1.47 million BTC, wey be 7% of the maximum supply, BlackRock IBIT (746,810 BTC) and Fidelity FBTC (199,500 BTC) dey lead am. From December 2024 reach August 2025, global Bitcoin ETFs add about 170,000 BTC (~US$18.7 billion), but August see net outflow of US$301 million from Bitcoin ETFs as Ethereum funds still attract US$3.95 billion. Big crypto whales still dey move their assets, one whale swap 4,000 BTC for 96,859 ETH (~US$3.8 billion) within 12 hours, others move about US$456 million from Bitcoin go Ethereum. Meanwhile, SEC dey review 92 crypto ETF applications including Solana (SOL) and XRP (XRP), dem plan to give approval decision come October. Analyst PlanC predict say Bitcoin go slowly waka reach US$1 million in seven years. Traders suppose watch the pending ETF approvals and whale movements for short-term wahala and the way institutional demand dey grow for both Bitcoin and Ethereum.

Ether Machine don raise $654 million in ETH to finance their planned Nasdaq IPO. Di ETH IPO round include 150,000 ETH from investor Jeffrey Berns, wey go join the company board once the funds land for their wallet within days. After the financing, Ether Machine dey aim to hold over 495,000 ETH (over $2 billion), making am one of the biggest corporate Ethereum treasuries. Di firm wey dey come from merger of Ether Reserve and Dynamix Corp dey use convertible debt plus on-chain yield strategies to stabilize net asset value and target returns we fit outdo traditional crypto funds. Co-founder Andrew Keys talk say these tools make Ether Machine new kind institutional vehicle, side by side with ETFs and asset managers. This ETH IPO show say institutional confidence dey increase for Ethereum treasury management. Recent $100 million funding rounds for companies like Rain and M0 show the wide interest in programmable money, wey set new level for crypto companies wey dey go public.

Zhitong Technology (8932) don turn be di first publicly traded company for Taiwan wey take adopt Bitcoin reserve strategy. For August 8, dem board approve say dem go issue convertible bond of US$2 million for three years through SORA’s Top Win International, wey go get 3% coupon plus beta for Bitcoin rise. Dis Bitcoin reserve strategy mean say Zhitong don waka from traditional tech move go blockchain and fintech. Dem plan to use Bitcoin 21 million supply cap to fight inflation and currency risk. Waiting make IFRS and Taiwan accounting clear, Zhitong go get indirect exposure through SORA compliance framework for Japan, Hong Kong and South Korea. At di same time, Zhitong buy Indian NBFC Letul Investments, get licence for cross-border fintech, crypto-backed microloans, stablecoin and Bitcoin payments through FinShell Pay platform. Di announcement make Zhitong shares price and trading volume sharply rise. Risk control na phased entry, long-term HODL strategy plus optional hedging instruments wey go balance trader position for bullish play on Bitcoin adoption wey dey grow.

Bunni DEX exploit don force make dem pause all smart contracts afta $2.4M stablecoin liquidity don waka. Di hackers manipulate di custom Liquidity Distribution Function (LDF) for Uniswap v4 wit correct trades. Dem gbe about 1.33M USDC plus 1.04M USDT stablecoins enter one wallet. Di team warn users make dem withdraw dia money sharp sharp and dem stop operations for all supported chains till dem finish investigate. Euler Finance, wey be Bunni liquidity source, talk say dia protocol no shake. Dis Bunni DEX exploit show say di security risk for DeFi dey rise because of custom liquidity logic and fit make traders rethink how dem dey take custom liquidity settings.

BitMEX don launch copy trading wey get up to 50% profit-sharing for main traders, wey fit make users follow or reverse-follow top strategies. Dis copy trading feature still dey give followers performance insights plus flexible profit splits. For August 23, BitMEX move im trading engine from AWS Dublin go AWS Tokyo, make latency comot and attract market makers. As result, liquidity for BTCUSDT and ETHUSDT perpetual swaps rise by 319% and 541% year-to-date respectively, and contracts like SOL, XRP, DOGE, PEPE, SUI and BCH also gain over 300%. BitMEX still show PnL Dashboard for real-time profit and loss tracking and change im Assets section for easier deposits, withdrawals and transfers. New users fit claim up to $5,000 in BMEX tokens as part of dis upgrade.

BlackRock don delay their plan for spot XRP ETF, say regulatory wahala and low client demand dey. The biggest asset manager for the world still dey put their priority for Bitcoin ETF (BTC) and Ethereum ETF (ETH) where SEC guidance clear. Other companies like Grayscale and Bitwise get spot XRP ETF applications wey SEC dey check. Futures-based XRP funds don attract over $1 billion inflows this year, show say market get strong interest. Legal gbege around Ripple and SEC lawsuit still dey block BlackRock. Experts still talk say e get big chance make SEC approve spot XRP ETFs later this year, but early entry fit cause higher cost. If regulatory guidance or institutional demand no change, BlackRock go still dey conservative on XRP ETF and this go affect XRP price small for short term.