Cryptocurrency News & Live Updates
Synopsis
Ethereum (ETH) reached $4,300 before retreating to $4,270 as traders took profits, with $4,400 now seen as the next key target amid bullish market dynamics.
Ethereum (ETH) recently surged to $4,300, marking its highest price since March 2024, before pulling back to $4,270 due to profit-taking. Traders are eyeing $4,400 as the next significant milestone, supported by positive options market dynamics. Meanwhile, BNB has dipped below 800 USDT, showing only a slight increase in the last 24 hours. In contrast, Ethereum has demonstrated a notable 6.74% increase within the same timeframe. Bitcoin, while trailing gold in 2025 performance, has shown impressive long-term returns, outperforming other asset classes significantly since 2011. Additionally, the resignation of Bo Hines, executive director of the White House Crypto Council, adds to the evolving landscape of cryptocurrency regulation. As the crypto market continues to fluctuate, traders are closely monitoring key resistance and support levels for Ethereum, while Bitcoin maintains its position as a leading asset class despite recent minor declines. The overall sentiment in the market remains bullish, with traders looking for confirmation in options flows and whale positioning before making further moves.
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Ethereum Approaches $4,400 After Brief Surge
Ethereum (ETH) reached $4,300 before retreating to $4,270 as traders took profits, with $4,400 now seen as the next key target amid bullish market dynamics.
BNB Falls Below 800 USDT Amidst Minor Gains
As of August 9, 2025, BNB has dipped below 800 USDT, currently trading at 799.61 USDT, with a modest 0.44% increase over the last 24 hours.
Ethereum (ETH) Hits 4,300 USDT with 6.74% Surge
As of August 9, 2025, Ethereum has reached the 4,300 USDT mark, reflecting a 6.74% increase over the past 24 hours, according to Binance Market Data.
Bitcoin Outpaces Major Assets in Long-Term Gains
As of August 8, Bitcoin has risen 25.2% in 2025, trailing only gold’s 29% gain, while its total return since 2011 surpasses gold by over 308,000 times.
Bo Hines Resigns as White House Crypto Council Director
Bo Hines, the executive director of the White House Crypto Council, has announced his resignation to return to the private sector, expressing gratitude to the crypto community for their support during his tenure.
Pepe Coin vs. Pepeto: Which Will Soar Higher?
Traders are evaluating whether Pepe Coin can achieve a 100x increase or if Pepeto, with its innovative tech and community, presents a better long-term investment as the memecoin market heats up in 2025.
Growing Institutional Impact on Crypto Amid Regulations
Traditional financial institutions are increasingly shaping the cryptocurrency landscape, driven by institutional investors and regulatory developments, according to B2 Ventures’ Arthur Azizov.
Verb Technology Tops Crypto VC Funding with $558M
In the week of Aug. 3-9, crypto funding reached $1.46 billion across 18 projects, led by Verb Technology’s $558 million raise, while Ripple’s $200 million acquisition of Rail aims to enhance fiat-stablecoin payment systems.
WBETH Hits New All-Time High with 4.96% Surge
As of August 9, 2025, WBETH has reached a new all-time high, trading at 4,565.04 USDT, marking a 24-hour increase of 4.96%.
NFT Sales Decline Despite Ethereum Surge
NFT sales have dropped 11% to $134.9 million, even as Ethereum prices hit record highs, with significant declines in buyer and seller counts across major blockchains.
XRP Bulls Face Challenges as Bitcoin Consolidates
XRP struggles below the $3.65 resistance level, indicating potential profit-taking by holders, while Bitcoin consolidates gains within a descending channel. Ether has broken out of a long-term triangle, signaling a bullish trend.
El Salvador Boosts Bitcoin Banking with New Law
El Salvador has approved the Investment Banking Law, allowing investment banks to hold Bitcoin and provide crypto services to sophisticated investors, aiming to attract foreign investment.