Cryptocurrency News & Live Updates
Synopsis
NEAR has integrated with the Stellar network, allowing users to seamlessly exchange assets like BTC, ETH, SOL, and XRP into Stellar.
In recent developments, NEAR has announced its integration with the Stellar network, facilitating easy asset exchanges for users, including popular cryptocurrencies like BTC, ETH, SOL, and XRP. Meanwhile, Ethereum has surpassed the 4,200 USDT mark, experiencing a slight decrease of 0.72% in the last 24 hours. Investors are closely monitoring the upcoming Jackson Hole meeting, where Federal Reserve Chair Jerome Powell is expected to address economic outlooks, potentially influencing market sentiments. Additionally, Thumzup Media Corp., backed by Donald Trump Jr., is pivoting into crypto mining by acquiring Dogehash Technologies, focusing on Dogecoin and Litecoin mining. This move adds to the Trump family’s growing involvement in the crypto space. Lastly, SUI token is facing bearish trends, with its price declining despite a recent listing on Robinhood, as market sentiment shifts and open interest in SUI futures drops significantly. The overall landscape reflects a mix of cautious optimism and bearish trends, highlighting the dynamic nature of the cryptocurrency market.
Show more
NEAR Partners with Stellar for Asset Exchange
NEAR has integrated with the Stellar network, allowing users to seamlessly exchange assets like BTC, ETH, SOL, and XRP into Stellar.
Ethereum (ETH) Hits 4,200 USDT with Minor Dip
As of August 20, 2025, Ethereum has reached the 4,200 USDT mark, experiencing a slight decrease of 0.72% over the past 24 hours.
Market Caution Ahead of Jackson Hole Meeting
Investors are expected to exercise caution until the Jackson Hole meeting on August 22, where Fed Chair Jerome Powell may adopt a hawkish tone to avoid lowering interest rates, potentially leading to a market rally.
Trump Family Expands Crypto Ventures with Dogecoin Focus
Thumzup Media Corp., with Donald Trump Jr. as a major shareholder, is acquiring Dogehash Technologies to pivot into Dogecoin mining, rebranding as Dogehash Technologies Holdings, Inc. and aiming for Nasdaq listing under XDOG.
SUI Price Faces Further Downward Pressure
SUI token may experience additional losses as bearish technical indicators persist, despite its recent Robinhood listing.
Celsius Initiates $220.6M Creditor Payout
Celsius Network has commenced its third distribution, transferring $220.6 million to creditors, which now totals 64.9% recovery of claims. The payout includes cryptocurrency and cash via various platforms.
Major ETH ETF Issuers Experience Significant Outflows
Ethereum ETFs face a downturn with $422 million in net outflows, led by Fidelity and Grayscale, as major issuers reduce their ETH holdings amidst declining demand.
MNT Price Set to Break $1.40 Resistance
MNT is testing the crucial $1.40 resistance level and appears ready to surge towards its all-time high of $1.50, supported by Bybit campaigns and a new listing on Coinbase International Exchange.
SoFi Bank Integrates Bitcoin Lightning for Payments
SoFi Bank is set to utilize Bitcoin’s Lightning Network for affordable international money transfers, starting with Mexico, allowing users to send money seamlessly through its app.
Ethereum Hits 4,200 USDT with Minor 0.72% Dip
As of August 20, 2025, Ethereum has reached the 4,200 USDT mark, experiencing a slight decrease of 0.72% over the past 24 hours.
Bullish Sentiment in Bitcoin Options Market
On-chain analyst Murphy highlights a strong volume of call options in the Bitcoin options market, indicating bullish sentiment among traders, with minimal interest in put options.
Puffer Platform Recovery Confirmed, pufETH Vault Paused
HashDit reports that Puffer’s domain and platform have been restored, but the pufETH vault remains paused for security reasons.
UK Bitcoin ETNs Set to Reshape Investor Landscape
Retail access to Bitcoin ETNs resumes on October 8, following a ban by the FCA in January 2021, potentially transforming U.K. investor behavior.
Could Bitcoin Drop to $112K Next?
Bitcoin dipped below $113,000 for the first time in two weeks, leading to $113 million in liquidations. While market fears grow, historical trends indicate this correction may set the stage for a rebound.
Google Searches for ‘Alt Season’ Drop Over 50%
Interest in the term ‘alt season’ has plummeted by over 50% in a week, reflecting a cooling enthusiasm for altcoins as Bitcoin retraces from its recent all-time high.
ZK-Proofs: Privacy Meets Law Enforcement in Crypto
Andreessen Horowitz’s report highlights zero-knowledge proofs (ZK-proofs) as a means to enhance user privacy while aiding law enforcement in tracking illicit activities without compromising sensitive information.
Qubic’s Attack Plans Cause DOGE Price Drop
Dogecoin’s value plummeted after the Qubic community voted for a potential 51% attack, despite significant whale accumulation of 680 million DOGE in August.
Cardano and Dogecoin Lead Crypto Market Declines
Bitcoin and ether have dropped as traders take profits amid macroeconomic pressures, with Bitcoin falling below key trendlines and raising concerns of a deeper market correction.
XRP Hits $2.90 Support Amid Regulatory Concerns
XRP has dropped below $3.00 due to security issues and delays in ETF approvals, with a recent audit ranking XRP Ledger the lowest among major blockchains.
Morgan Stanley CIO Sees Bull Market Ahead
Morgan Stanley’s CIO claims the April sell-off marked the end of the bear market, indicating the start of a new bull phase that could last for years, impacting both traditional and cryptocurrency markets.
Bitcoin Price Faces Bearish Retail Sentiment
Bitcoin’s price has dropped to $113,646, reflecting a bearish shift in retail sentiment, as indicated by a significant decline in the Fear & Greed Index.
Bitcoin Price Surges Could Lead to Major Liquidations
BlockBeats reports that if Bitcoin exceeds $115,000, short position liquidations on major exchanges could reach $1.122 billion, while a drop below $112,000 may trigger $882 million in long position liquidations.
Stablecoins Revolutionize Cost-Effective Cross-Border Transfers
A Keyrock report reveals that stablecoin platforms can reduce cross-border transfer costs to below 1%, compared to traditional banks’ fees of 12.66% for a $200 transfer.
Solana’s High TPS Potential and Future Enhancements
Recent discussions highlight Solana’s capability to exceed 100,000 transactions per second (TPS) under ideal conditions, driven by the Firedancer validator client and upcoming upgrades aimed at improving network performance.
Bitcoin and Stocks Face $400B Liquidity Challenge
Bitcoin and major cryptocurrencies have dropped significantly, with analysts attributing the decline to a looming $400 billion liquidity drain from the U.S. Treasury General Account, rather than Jackson Hole or inflation concerns.
OpenAI Accelerates GPT-6 Launch with New Features
OpenAI’s CEO Sam Altman announced an expedited release of GPT-6, featuring enhanced memory and customizable chatbot personalities, while also addressing user feedback on GPT-5’s tone.
Radiant Capital Hacker Boosts $53M Stolen Funds
The hacker from the $53 million Radiant Capital exploit has nearly doubled the stolen funds’ value through strategic Ethereum trading, now holding a portfolio worth $94.63 million.
Strategy Stock Dips to Four-Month Low Amid Bitcoin Slide
Strategy (MSTR), led by Michael Saylor, has seen its stock fall to a near four-month low due to a decline in Bitcoin’s value and changes in stock issuance policies.
Ethereum Trader Eyes Short-Term Gains Amid Volatility
Trader Eugene Ng Ah Sio is targeting short-term opportunities in Ethereum, focusing on the $4,400 to $4,600 range after securing profits at $4,700, while maintaining a lower risk exposure compared to previous trades.
Scaramucci Sticks to Bitcoin Price Forecast
Anthony Scaramucci, CEO of SkyBridge Capital, reaffirmed his Bitcoin price target of $180,000 to $200,000 by year-end, despite market fluctuations and increased institutional selling.
Ethereum PoS Network Exit Queue Grows
As of August 20, 2025, the Ethereum PoS network’s exit queue has increased to 910,576 ETH, with an estimated wait time of about 15 days and 19 hours.
Monad Testnet Experiences Major Transaction Decline
Data from Dune reveals that the Monad testnet saw a significant 44.4% drop in weekly transactions, totaling 66.16 million, while weekly active addresses rose by 47.16% to 3.28 million.
Ark Invest Expands Holdings in Bullish and Robinhood
Ark Invest has boosted its investment in Bullish, acquiring over 1.1 million shares valued at approximately $73.85 million, alongside a $16.2 million purchase of Robinhood shares, marking three consecutive days of buying.
Altcoin Season Index Drops to 45
The Altcoin Season Index has fallen to 45 as of August 20, indicating that 45 of the top 100 cryptocurrencies have outperformed Bitcoin over the past 90 days.
Binance Introduces Sapien (SAPIEN) and Futures Trading
Binance has listed Sapien (SAPIEN) for trading on its Alpha platform, with spot trading starting on August 20, 2025, followed by the launch of SAPIENUSDT futures with 50x leverage.
Puffer Finance Resolves Domain Challenges, Services Soon Back
Puffer Finance has successfully addressed the domain issues impacting their website, with all services expected to resume shortly. The team reassured users that their funds remain safe and unaffected by the recent disruption.
Valantis DEX Acquires stHYPE for Enhanced Staking
Valantis has acquired stHYPE, the second-largest staking protocol on Hyperliquid, aiming to boost yield opportunities and liquidity within its ecosystem.
Puffer Finance’s Official Platforms Breached
Reports indicate that Puffer Finance’s official website and social media accounts have been compromised, prompting users to avoid any interaction with its applications.
Puffer Finance X Account Breach: User Caution Urged
Foresight News reports that the Puffer Finance X account has been hacked, prompting users to ignore all communications and avoid interactions until the situation is rectified.
Radiant Capital Hacker Buys Ethereum at Discount
Foresight News reports that a hacker linked to Radiant Capital has acquired 2,109.54 ETH for 8.64 million DAI, purchasing at a rate of $4,096 per ETH.
Meta Platforms Restructures AI Division
Meta Platforms CEO Mark Zuckerberg is reorganizing the AI division, splitting it into four groups focused on research, superintelligence, product development, and infrastructure, amid potential layoffs and executive departures.
Asian Markets Face Notable Declines
The Nikkei 225 index dropped by 1% on August 20, 2025, with SoftBank Group’s shares falling 6.4%. South Korea’s KOSPI index saw a more significant decline of 2%, as SK Hynix shares decreased by over 4%.
Lloyds to Auction 280+ Bitcoin Domain Names
Lloyds auction house in Australia is set to auction over 280 Bitcoin-related domain names, including high-profile domains like BitcoinWallets.com and BitcoinExchanges.com, with some dating back to 2010. The auction will accept cryptocurrency payments.
Ethereum Undergoes Healthy Market Correction
Analyst @IamCryptoWolf notes that Ethereum’s recent correction follows a remarkable 245% surge and the breaking of the $4,000 resistance level, viewing it as a healthy retest of this breakthrough.
BNB Hits 830 USDT with 1.46% Drop
As of August 20, 2025, BNB has surpassed the 830 USDT mark, currently trading at 830.150024 USDT, reflecting a slight 1.46% decrease over the past 24 hours.
Meta Platforms Restructures AI Division
Meta Platforms CEO Mark Zuckerberg is reorganizing the AI division, splitting it into four groups focused on research, superintelligence, product development, and infrastructure, amid potential layoffs and executive departures.
Asian Markets Face Notable Declines
The Nikkei 225 index fell by 1% on August 20, 2025, with SoftBank Group shares dropping 6.4%. South Korea’s KOSPI index saw a larger decline of 2%, as SK Hynix shares decreased by over 4%.
USV Offloads 731,000 UNI Tokens After Long Pause
U.S. venture capital firm USV has sold 731,000 UNI tokens worth $7.43 million after an eight-month hiatus, transferring them to a centralized exchange.
Chamath Palihapitiya Unveils New SPAC Initiative
Chamath Palihapitiya has launched a new SPAC, American Exceptionalism Acquisition Corp. A, valued at $250 million, targeting sectors like energy, AI, decentralized finance, and defense.
BNB Falls Below 820 USDT Amid Market Decline
As of August 20, 2025, BNB has dipped below 820 USDT, currently trading at 818.72 USDT, reflecting a 3.05% decrease in the last 24 hours.
SEC Postpones Decision on Canary XRP Trust
The SEC has delayed its decision on the Canary XRP Trust application, now set for October 23, 2025.
Trump Calls for Interest Rate Cuts Amid Real Estate Woes
President Trump has urged Federal Reserve Chairman Jerome Powell to reduce interest rates, claiming current policies are detrimental to the real estate market and mortgage accessibility.
Cryptocurrency Market Experiences Major Drops
Today, several previously strong cryptocurrencies faced significant declines, with ZORA down 19.3% to $0.08834, SKALE down 11% to $0.03063, XNY down 26.9% to $0.01078, and MYX down 24.9% to $1.08.
ALT5 Sigma Addresses Jon Isaac’s SEC Investigation Role
ALT5 Sigma has clarified that Jon Isaac has never held the position of president or advisor at the company and is unaware of any SEC investigation into its operations.
SEC Chair Paul Atkins on Crypto Token Classification
At the SALT Wyoming Blockchain Conference, SEC Chair Paul Atkins indicated that only a limited number of crypto tokens should be classified as securities, marking a departure from the previous views held by Gary Gensler.
U.S. Stablecoin Framework Review Underway
The U.S. Stablecoin Certification Review Committee will assess the alignment of state frameworks with federal stablecoin regulations, led by the Treasury Secretary and key financial leaders.
Franklin Templeton CEO Discusses Blockchain Over Bitcoin
At the SALT Conference, Franklin Templeton’s CEO Jenny Johnson labeled Bitcoin a ‘fear currency’ and stressed the investment potential in blockchain infrastructure.
Ethereum (ETH) Falls Below 4,100 USDT
As of August 19, 2025, Ethereum’s price has dipped below 4,100 USDT, currently trading at 4,095.43 USDT, reflecting a 5.20% decrease over the last 24 hours.
Crypto Market Declines Ahead of Powell’s Speech
Bitcoin, Ether, and other cryptocurrencies have sharply fallen as traders await Fed policy signals, with concerns over inflation and tariffs complicating potential rate cuts.
Solana Shows Signs of Recovery Amid Price Decline
Despite a 15.5% drop from its recent peak, Solana’s SOL token demonstrates resilience with strong trading volumes and increased total value locked, indicating potential for a market rebound.
Crypto Stocks Hit 4-Month Low Amid Market Decline
Crypto stocks plummeted on Tuesday, with Bitcoin dropping to $113,000. MSTR fell 7.8%, while ETH and SOL-focused treasuries faced larger losses as investors await Fed Chair Jerome Powell’s speech.
Toyota Investigates Blockchain for Car Asset Tokenization
Toyota is investigating the tokenization of vehicles, aiming to transform car ownership into tradable assets through a new blockchain network that tracks vehicle data.
Senator Scott Seeks Democratic Support for Crypto Legislation
Senator Tim Scott anticipates 12 to 18 Democratic votes for the CLARITY Act, while facing opposition from Senator Elizabeth Warren, who labels the bill an industry handout.
Solana Shows Promise Despite Recent Price Decline
Solana’s SOL token has dropped 15.5% from its peak, raising bearish concerns. However, strong DEX volumes, a 20% increase in total value locked, and rising institutional interest suggest potential for recovery.
Fed’s New Supervision Chief Advocates Crypto Integration
Michelle Bowman, the Federal Reserve’s vice chair for supervision, urges a shift from cautious regulatory approaches to embrace crypto, emphasizing the need for clear rules and allowing Fed staff to hold crypto assets.
Bitcoin Could Reach $180,000 by Year-End, Says VanEck
VanEck analysts predict Bitcoin will hit $180,000 by year-end, citing bullish trends in futures markets and increased corporate demand for BTC.
HBAR Price Set for Rebound Amid RWA Optimism
Despite a recent market downturn, HBAR’s bullish chart pattern and excitement surrounding its role in real-world assets suggest a potential price recovery.
Arbitrum Proposes Ronin L2 on Orbit Chain
A proposal has been made to develop Ronin L2 as an Arbitrum Orbit chain, aiming to transition the gaming chain to a fully Ethereum-compatible layer 2 by 2026.
Dazhihui Addresses Stablecoins and Virtual Assets
Dazhihui has clarified that it does not currently participate in stablecoin or virtual asset trading, citing a lack of necessary qualifications and no significant issues to address regarding market rumors.
U.S. Adds 407 Categories to Steel and Aluminum Tariffs
The U.S. Department of Commerce has expanded its steel and aluminum tariff list to include 407 product categories, imposing a 50% tax rate on these items.
Top Crypto Investment Insights from Franklin Templeton CEO
Franklin Templeton’s CEO, Jenny Johnson, labels bitcoin a ‘fear currency’ and emphasizes investment in blockchain infrastructure over digital assets.
MetaMask Integrates with Tron’s $26 Billion Ecosystem
MetaMask has partnered with TRON DAO to integrate the Tron blockchain natively, enabling its 100 million users to access Tron’s extensive liquidity pools and dApp ecosystem directly.
Circle Introduces Gateway for Cross-Chain USDC Transfers
Circle has launched Gateway, allowing instant USDC transfers across seven major blockchains, enhancing stablecoin usability and liquidity management.
Bitcoin (BTC) Falls Below 113,000 USDT
As of August 19, 2025, Bitcoin has dipped below 113,000 USDT, currently trading at 112,991 USDT, reflecting a 2.98% decrease over the past 24 hours.
SNEK Price Forecast: Will It Surge Further?
SNEK is currently priced at $0.0046895, showing a recent decline. Predictions suggest potential fluctuations and a possible drop to $0.003852 by September 2025, while long-term forecasts for 2030 range between $0.011017 and $0.0291.
SingularityNET Launches MetaMo for AGI Systems
SingularityNET has launched MetaMo, a comprehensive framework for developing motivation systems in general artificial intelligence (AGI), integrating advanced mathematical concepts to enable self-modifying agents.
SkyBridge Capital to Tokenize $300M Hedge Funds on Avalanche
SkyBridge Capital is set to tokenize $300 million of its hedge funds on the Avalanche network, partnering with Tokeny and Apex Group to utilize the ERC-3643 token standard.
Bowman Supports Limited Crypto Holdings for Fed Employees
Federal Reserve Governor Michelle Bowman advocates for allowing Fed employees to hold small amounts of cryptocurrency to improve their understanding of crypto products, citing potential recruitment benefits.
Bipartisan Efforts Expected for U.S. Crypto Legislation
As Congress remains in recess, there is optimism for bipartisan support on the Digital Asset Market Clarity (CLARITY) Act, with Senator Tim Scott anticipating Democratic backing following the passage of the GENIUS Act.
401(k) Plans Could Propel Bitcoin Adoption
André Dragosch from Bitwise believes that allowing cryptocurrencies in U.S. 401(k) plans could significantly enhance Bitcoin adoption, potentially introducing billions in new investments.
