Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Rwanda’s central bank (BNR) has launched a retail CBDC ideathon, inviting citizens, businesses and startups to pitch solutions for a digital Rwandan franc. Registrations close on August 15, submissions by mid-September, and winners will be announced in late September. This effort supports Rwanda’s National Fintech Strategy (2024–2029) and follows closed-loop tests on legal frameworks, cybersecurity and payment integration. BNR aims to boost payment resilience through offline and USSD access, increase competition against MTN and Airtel, and lower remittance costs. Local fintech Mvend CEO Bobson Rugambwa emphasizes focusing on retail use to drive adoption. In Botswana, the Bank of Botswana has begun a CBDC feasibility study to determine whether a digital Pula is needed and if digital assets threaten currency sovereignty. Led by Innovation Hub head Ruth Baitshepi, the study will assess risks, benefits and technical requirements in a country where mobile payments have surged but 33% of adults remain unbanked. Results are expected within months. These CBDC developments could reshape digital payments infrastructure and remittance corridors in African markets. Crypto traders should monitor progress, as CBDC pilots may influence regulatory frameworks for stablecoins and drive innovation in cross-border transactions.

President Trump’s new “Trump Accounts” plan offers a $1,000 baby bonus for each child born from 2025. Funds will track a stock index, and parents can contribute up to $5,000 per year. Alternatively, allocating the bonus to Bitcoin investment presents a different risk-reward profile. At Bitcoin’s current price of $114,000, $1,000 buys approximately 0.0088 BTC. Assuming 15–35% annual growth over 18 years, that investment could grow to between $12,375 and $221,824. However, Bitcoin investment carries high volatility and the risk of total loss. The article proposes a split strategy: combine the stability of the Trump baby bonus account with Bitcoin investment. Digital natives may find crypto more intuitive in a digital world. Early, long-term saving remains essential. Always assess your risk tolerance and invest only what you can afford to lose.

MARA acquires Exaion with a $168 million deal for a 64% stake in EDF’s AI and HPC subsidiary, Exaion, marking its largest AI investment to date. The agreement includes an option to invest an additional $127 million by 2027 to raise ownership to 75%, subject to performance milestones. With the acquisition, MARA acquires Exaion’s AI and HPC expertise and its high-performance computing data centers operated in partnership with Nvidia and Deloitte, offering AI and cloud infrastructure services. Pending regulatory approval and expected to close in Q4, the acquisition enables MARA to diversify beyond Bitcoin mining amid rising BTC mining difficulty and energy costs. In Q2, MARA reported a 64% year-on-year revenue increase to $238 million and an over 1,000% surge in adjusted EBITDA to $808 million. Holding approximately 50,000 BTC (worth nearly $6 billion), the company—second only to MicroStrategy—positions itself for growth in AI inference, secure cloud solutions for enterprise and public-sector clients, and a more resilient revenue strategy.

Crypto firm Paxos has reapplied to the Office of the Comptroller of the Currency (OCC) for a US National Trust Bank charter, aiming to convert its New York limited-purpose trust charter into a federal charter. The move would allow Paxos to custody customer assets and settle payments nationwide under federal oversight, strengthening compliance and appealing to institutional clients. Paxos, issuer of PayPal’s PYUSD stablecoin and former issuer of BUSD, first received conditional OCC approval in April 2021 but let it lapse in March 2023 after missing the 18-month launch deadline. In February 2023, Paxos paid a $48.5 million settlement to the New York Department of Financial Services over anti-money laundering shortcomings, including $26.5 million in fines and $22 million for compliance upgrades. The reapplication comes as the GENIUS Act establishes a federal stablecoin framework, following similar charter bids by Circle and Ripple. Approval could bolster PYUSD’s regulatory standing and institutional trust, potentially affecting stablecoin market dynamics.

Growth in institutional buying has driven Bitcoin and Ethereum to near record highs, prompting Chinese A-share retail investors to show interest in cryptocurrencies. Active traders in China’s stock market—often older retail investors—are now discussing key digital assets in simple terms. They refer to Bitcoin (BTC) as “digital gold” and Ethereum (ETH) as the “Nvidia of Web3”. Other major cryptocurrencies receive similar analogies: BNB compared to China’s largest securities firm, XRP as a leading token in Japan and South Korea, and SOL dubbed the “casino king” of blockchain. Stablecoins such as USDT and USDC are recognized for their global dominance and compliance. This surge in cryptocurrency awareness among inexperienced retail investors raises market sentiment concerns. Observers warn that widespread interest from China’s A-share grandparents could signal an overheated market, echoing past tops when retail adoption peaked. Traders should weigh this contrarian indicator against current bullish momentum.

Blue Origin has partnered with Shift4 Payments to accept crypto payments for its New Shepard suborbital flights. Customers can now book tickets using Bitcoin, Ethereum, Solana and stablecoins USDT and USDC directly from wallets like MetaMask and Coinbase. Each journey costs about $28 million, highlighting the novelty of high-value crypto payments. This move follows earlier blockchain aerospace integrations, including Azuki’s NFT sent to orbit, Spacechain’s ISS Bitcoin multisig transaction and Spacecoin XYZ’s DePIN satellite network launch. Shift4 executives note growing demand for crypto payments in premium consumer services. The integration underscores expanding blockchain applications in space tourism and could boost market sentiment around cryptocurrency utility and adoption.

Sen. Elizabeth Warren has signaled plans to oppose the bipartisan CLARITY Act when the Senate reconvenes after Labor Day. Despite endorsing stronger crypto regulation, Warren warned against industry-drafted rules that could fuel corruption and allow elected officials to trade digital assets. The CLARITY Act, passed by the House in July, aims to define SEC and CFTC jurisdiction over tokens and create a formal market structure for digital assets. In early September, the Senate Banking Committee will vote on the bill, with potential amendments that may reshape oversight of major cryptocurrencies, stablecoins and CBDCs. Alongside this debate, Congress approved the GENIUS Act to regulate stablecoins and restrict US CBDC development, while the White House task force proposed a clear taxonomy for tokens to harmonize SEC and CFTC roles and protect investors. Traders should monitor the Senate floor debate on the CLARITY Act, as changes to market structure rules could impact liquidity, compliance costs and price volatility across digital assets.

The Bullish IPO has raised its valuation target to $4.8 billion, up from $4.2 billion, by planning to sell 30 million shares at $32–$33 each. The deal, underwritten by leading Wall Street banks including JPMorgan, Morgan Stanley, Jefferies and Citigroup, aims to secure up to $990 million and will trade under ticker BLSH. Major institutional investors, such as BlackRock and ARK Invest affiliates, have already signaled interest. The Bullish IPO cites growing market activity, adoption by traditional financial firms like Fidelity, Goldman Sachs and JPMorgan, and inflows into spot BTC and ETH ETFs as key drivers. In November 2023, Bullish expanded into crypto media with its $72.6 million acquisition of CoinDesk. The move follows Circle’s $1 billion IPO, which has seen its market value surge by about 140%, and reflects robust institutional demand that now sees ETFs and corporates holding over 13.5% of Bitcoin’s supply.

This crypto token watchlist highlights five promising altcoins—ZORA, RFL, B3, IKA and DOLO—selected for their unique narratives and integration prospects. First, the token watchlist features ZORA’s resilience amid market dips, B3’s base app alignment, and DOLO’s strong uptrend, alongside IKA’s high-yield staking on SuiLend and RFL’s volatility. Meanwhile, Solayer is set to launch an SVM native cross-chain bridge on Solana. Unlike traditional solutions, this bridge uses proof-based validation at the Solana Virtual Machine layer, on-chain PDA logic and a guardian cap limit to enhance security. Formal verification, real-time monitoring and composable hooks aim to enable seamless asset transfers and on-chain operations like automated arbitrage. Finally, Lido’s LDO token surged over 60% in a week following the SEC’s clarifying statement that liquid staking isn’t a security and a new LDO buyback proposal. The combined macro-regulatory relief and micro buyback plan have reignited market confidence, setting the stage for further price discovery.

Over the past eight days, a cluster of addresses created via BitGo has hoarded 293,186 ETH, marking a significant ETH hoarding event valued at $1.24 billion. On-chain monitoring by Ember links these addresses to mining firm Bitmine. The accumulation occurred across FalconX, Galaxy Digital and BitGo platforms. Previously, Bitmine reported adding 317,000 ETH in one week, lifting total holdings to 1.15 million ETH. This ETH hoarding by a major miner cuts circulating supply and signals bullish sentiment for Ethereum. Traders should monitor reduced sell pressure and potential price support. On-chain ETH hoarding events often precede market rallies. Key terms: ETH hoarding, Bitmine, digital asset holdings.

In the past nine hours, SOL whales have deposited more than $40 million worth of SOL into centralized exchanges (CEXs). Address CMJiHu sent 96,996 SOL (~$17.45M) nine hours ago. Three hours ago, address 5PjMxa moved 91,890 SOL (~$15.98M) to Kraken. Eight hours ago, address HiN7sS transferred 37,658 SOL (~$6.73M) to Binance, realizing $1.63M in profit. Such significant SOL CEX inflows suggest rising selling pressure and potential short‐term volatility. Traders should monitor exchange balances and price levels to gauge market sentiment.

Trader Eugene revisited the rally that followed former President Trump’s inauguration and the launch of the $TRUMP token. He notes a consecutive two-month market surge that created significant wealth. He warns that the market may now be approaching a market peak, with volatility intensifying and quick-profit opportunities increasing. Traders should be ready to capitalize on rapid swings but stay wary of a sudden reversal. Eugene emphasizes robust risk management as critical amid heightened volatility. He advises setting clear stop losses and monitoring market signals closely to navigate potential downturns around the market peak.

Bitcoin climbed from below $114,000 to near $121,000 last week, driven by positioning shifts in a thin-liquidity environment rather than broad spot buying. Spot trading volume fell 22% to $5.7 billion—close to its statistical low—while the Spot Cumulative Volume Delta flipped 94% toward buy pressure. Derivatives markets saw elevated activity: perpetual CVD rose 88%, funding rates remained high, and options open interest increased 6.7% to $42.4 billion, even as implied volatility dropped by almost a third. ETF flows provided modest relief, with U.S.-listed spot bitcoin ETF outflows halving to $311 million, though weekly trade volume fell 27.7% to $13.7 billion. On-chain metrics improved: active addresses rose 8.4% to 793,000 and fee volume climbed 10%. However, 94.1% of supply is now in profit, suggesting potential profit-taking pressure. Market observers warn that thin order books, bullish derivatives positioning, and optimism over a September Fed rate cut leave Bitcoin primed for sharp moves. Traders will monitor Tuesday’s U.S. CPI release for a catalyst that could sustain or stall the rebound.

Unverified Bitcoin price speculation has circulated, suggesting a $123,000 target. This Bitcoin price speculation lacks confirmation from primary sources such as Bitcoin Magazine or key figures like Michael Saylor. The absence of official endorsement heightens market uncertainty and could trigger increased volatility. Traders should prioritize credible sources and verified data before acting on such claims. While the rumor may boost short-term interest, its reliability remains questionable without backing from authoritative voices in the crypto sector.

Crypto options open interest has surged to $57 billion as traders brace for volatility around this week’s US Consumer Price Index (CPI) release. Bitcoin (BTC) climbed above $122,000, and Ethereum (ETH) jumped nearly 20% to over $4,300 ahead of the report, lifting total market capitalization above $4.1 trillion. QCP Capital notes growing BTC–equity correlation and sees demand for short-dated BTC puts at $115,000–$118,000, signaling hedging activity while short-call covering points to bullish sentiment. Implied volatility is expected to stay elevated until the CPI print, with $43 billion in BTC options and $13.9 billion in ETH options open interest near multi-month highs. Institutional flows also support market strength: CoinShares reports $571 million in net inflows last week into digital asset products. Despite short-term uncertainty around the CPI result, analysts highlight resilient market structure and post-halving cycle trends, with some forecasting Bitcoin could reach $150,000 by year-end. Traders should prepare for potential price swings in the short term, while long-term momentum remains broadly bullish.

BitMine Immersion Technologies reported that its Ethereum stash exceeded 1 million ETH as of August 10, valuing the holding at nearly $5 billion. The mining company increased its ETH holdings from 833,137 ETH (around $3 billion) to 1.15 million ETH in under a week, reflecting a strategic shift to accumulate Ether since late June. The surge in Ethereum’s price above $4,200, combined with U.S. policy support—an executive order allowing crypto in 401(k) retirement plans—boosted investor confidence in BitMine’s stock. Shares jumped 25% on Friday and another 9.5% in pre-market Monday to about $58.53, pushing daily trading volumes to $2.2 billion. While some analysts call for independent audits to verify on-chain wallets, BitMine’s large ETH portfolio and market momentum present both upside potential and risks tied to price fluctuations and custody management.

In a surge across meme coins, a whale purchase of over $200 million in Dogecoin between August 5 and 6—approximately 1.23 billion DOGE—ignited fresh rally. Analyst data show an additional 230 million DOGE acquired within 24 hours. This buying spree fueled a Dogecoin price jump, drawing traders to meme coin markets. Concurrently, Shiba Inu (SHIB) rose by 6% following token burns and network upgrades, while PEPE gained 11%, reclaiming $0.000012. Amid established meme coin momentum, industry experts spotlight MAGACOIN FINANCE as a potential breakout. Ranked among top altcoin buys for 2025, MAGACOIN’s presale and community strategy have attracted early-stage investors. As traders seek the best crypto investments, MAGACOIN’s branding and social momentum position it as the meme coin to watch. Market participants face volatility as they weigh short-term pumps against long-term growth in the meme coin sector.

Federico Carrone, a privacy-focused Ethereum core developer, has been released after a 24-hour detention in Turkey over alleged involvement with an Ethereum privacy protocol. Turkish authorities accused Carrone of “helping others misuse Ethereum” in connection with research on mixers like Tornado Cash. Carrone insists the work was academic, citing a January 2022 paper that assessed user privacy on Ethereum and Tornado Cash. Support from crypto peers across the UAE, UK, US, Europe, Argentina and even the Catholic Church helped secure his release. Solana ecosystem members also intervened with local contacts. Although now back in Europe, Carrone’s case remains open, with his Turkish legal team continuing to build a defense. He has pledged to return to Turkey to clear his name if necessary. In response to his ordeal, Carrone donated 500,000 ETH to fund Roman Storm’s legal defense, underscoring community support for open-source privacy tools. This incident adds to regulatory scrutiny risks facing crypto developers and could influence innovation around privacy protocols.

Dogecoin (DOGE) is testing the $0.30 resistance for the third time in 2025. Each attempt has ended in rejection, reinforcing $0.30 as a critical barrier. The price remains within an 11-year ascending channel, with key supports at $0.22 and near $0.21 intact. On the 4-hour chart, momentum indicators are cooling. MACD bars are shrinking, and RSI has pulled back from overbought levels to around 65. In DOGE/BTC trading, the pair holds above 0.00000180 BTC, reflecting demand at lower levels. Traders should watch for a decisive close above $0.30 to confirm a bullish breakout. Conversely, a drop below $0.22 could trigger deeper corrections. The long-term channel suggests sustained upside potential, but short-term momentum warrants cautious trading.

ALT5 Sigma (Nasdaq: ALTS) has raised $1.5 billion through a 200 million-share offering to buy 7.5% of the World Liberty Financial (WLFI) token supply. The deal splits into a 100 million-share public sale to institutions at $7.50 per share and a 100 million-share private placement paid in WLFI tokens at $0.3659 each. Post-offering, ALT5 Sigma plans to use the proceeds for additional WLFI token purchases, bolstering its crypto treasury, repaying debt, settling litigation, and funding operations. This landmark move makes ALT5 Sigma one of the first public firms to hold a non-Bitcoin token in its corporate treasury, echoing MicroStrategy’s Bitcoin strategy. Leadership shifts include WLFI co-founder Zach Witkoff as chairman and Eric Trump joining the board. The company, operator of ALT5 Pay and ALT5 Prime with over $5 billion in processed digital asset transactions, saw its stock drop nearly 10% on the announcement. Traders should note the growing trend of altcoin adoption by corporate treasuries, which could increase WLFI token demand and market volatility.

Syed Hussain, CEO of SHIZA, predicts a shift to an AI agent ownership economy, where individuals train and own AI agents instead of renting models from big tech. As AI systems automate white-collar roles—software development, content creation, data analysis, and strategic advice—the value moves from labor to intelligence ownership. Blockchain and crypto infrastructure enable private model training, decentralized compute, tokenization and wallet-based identity. Traders can deploy personal AI agents for tasks like research, transaction negotiation and financial trend analysis, earning continuous yield and freeing time for creative work. Wallets evolve to manage autonomous agents and tokens reward upkeep, building the foundation for decentralized AI marketplaces. While liability, authorship and taxation remain regulatory hurdles, this blockchain-based model positions crypto projects as essential backbone for the next economic era.

Jito has launched its BAM (Block Assembler Module) feature on Solana’s testnet, introducing private and verifiable block building with an initial validator cluster. The public testnet will open soon, followed by mainnet deployment. BAM aims to optimize Solana’s block construction process by enhancing efficiency and privacy. The upgrade could reduce block-building latency, lower transaction costs, and mitigate MEV exploitation. This development marks a significant step toward strengthening Solana’s scalability and security for users and validators.

Crypto market movers on OKX saw significant shifts today. Leading the gainers was UNI, up 2.77% to $11.21. Other top gainers included BCH (1.21% to $595.30), TRX (1.06% to $0.348), CRO (0.77% to $0.169) and TON (0.29% to $3.401). In contrast, RPL slid 6.20% to $8.229, making it the biggest loser. Additional top losers were OM (4.92% to $0.268), BONK (4.89% to $0.0000250), CRV (4.72% to $0.925) and ORDI (4.39% to $9.719). This daily performance report helps traders monitor volatility. The crypto market movers data provides insight into short-term trends and trading opportunities.

A new DeFi ecosystem rivalry is taking shape around six cornerstone protocols: Ethereum (ETH), Aave (AAVE), Pendle (PENDLE), Ethena (ENA/USDe), Bitcoin (BTC/WBTC) and the emerging HyperEVM/Hyperliquid (HYPE). Together they account for over 60% of DeFi TVL on Ethereum and form a tightly linked network that powers looped lending, stablecoin issuance and collateral swaps. Key dynamics include Hyperlend’s 10% revenue share with Aave, the deployment of Ethena’s USDe on HyperEVM, and Pendle’s expansion into perpetual derivatives denominated in BTC and ETH. Bitcoin provides pure asset value, while Ethereum delivers dual value—its native token and the EVM DeFi stack. HyperEVM seeks to siphon traditional trading flows on-chain through HIP3, CoreWriter and integrations with Solana via Unit Protocol. This interconnection boosts capital efficiency and on-chain liquidity, reinforcing ETH’s value through gas fees and stablecoin circulation. While Aave remains the safest on-chain lending infrastructure, HyperEVM’s aggressive expansion could reshape EVM competition. For traders, the evolving six-protocol network signals growing TVL, higher leverage capacity and diversified collateral options—factors that could drive bullish momentum across DeFi markets.

A new Glassnode report reveals that short-term investors are realizing significant Bitcoin profits as prices stabilize around $120,000. Despite profit‐taking levels matching past cycle peaks, the market has absorbed the selling pressure without a notable downturn, underpinned by robust buyer demand and steady cash flows. Analysts note that current profit realizations stem largely from investors who purchased near $119,000 and are cashing out at higher levels. The report warns long-term holders to monitor evolving investor behavior, as increased transaction volumes and new market entrants may introduce short-term volatility, even though the cycle shows greater resilience than in previous phases.

Bitcoin (BTC) is trading near $117,000, limiting short-term upside for traders seeking high returns. Early-stage tokens in presale often offer superior multiples. Among them, Mutuum Finance has raised $14.3 million from over 15,000 holders at a $0.035 presale price. The DeFi project’s lending and borrowing engine issues interest-accruing mtTokens and supports flexible, overcollateralized loans. Mutuum Finance secured a 95/100 CertiK score and instituted a bug bounty to maintain smart contract security. A built-in fee model uses protocol revenues to buy back MUTM tokens, boosting token demand for stakers. With a beta launch and top-tier exchange listings expected soon, analysts forecast up to 700% gains from the current price. Traders looking to position ahead of the next Bitcoin rally may find Mutuum Finance an attractive altcoin play. The project’s robust tokenomics, security credentials and early whale accumulation set the stage for potential price surges as capital rotates from BTC into high-growth DeFi tokens.

Approval of crypto ETFs could channel billions into leading tokens. Solana (SOL) offers fast, low-cost transactions, attracting developers, while Ethereum (ETH) leads smart contracts and DeFi. XRP (XRP) targets cross-border payments with major banks. Crypto ETF listings for these assets may boost liquidity and price action. Amid this crypto ETF race, MAGACOIN FINANCE emerges as an under-$1 altcoin with high potential. Analysts forecast up to 86x gains in the next market wave. Its presale sees rising participation from a growing community focused on long-term value. For traders, crypto ETF updates signal potential rallies in SOL, ETH, XRP. Monitor ETF filings, fund inflows, and regulatory developments. Simultaneously, early positions in MAGACOIN FINANCE offer a high-risk, high-reward play. Blending established tokens with promising newcomers can diversify portfolios and capture upside as 2025 unfolds.

AguilaTrades, a whale trader, opened a massive ETH short position of 30,001 tokens worth $128 million on Hyperliquid, employing 15× leverage. The ETH short boosts profit potential but risks liquidation at $4,383.66. Such large ETH shorts often trigger increased selling pressure and can lead to forced liquidations, causing short-term volatility. Traders should monitor Hyperliquid’s order books and key liquidation thresholds to anticipate potential price swings, as previous high-leverage ETH shorts have amplified market moves and highlighted the sensitivity to whale activity and leverage trends.

Binance Coin (BNB) has surged past major retailers Nike and DoorDash in market capitalization, currently trading at $795 after a 15% monthly gain. The token flirted with an $844 all-time high, bolstered by significant treasury investments, including Nano Labs’ $500 million convertible note deal and BNC’s recent $160 million bid. On-chain activity across the BNB Chain, from leading NFT collections to DeFi platforms like PancakeSwap, has also intensified, lifting CAKE prices by over 10% this month. Positive investor sentiment on social media and bullish technical patterns akin to Bitcoin signal potential for further upside. Traders should watch for continued institutional backing and ecosystem growth as key drivers of Binance Coin’s long-term trajectory.