Cryptocurrency Live News & Updates : Major SOL Whale Moves Tokens to Exchanges

Major SOL Whale Moves Tokens to Exchanges

A significant cryptocurrency investor transferred 130,000 SOL tokens, worth $26.45 million, to various centralized exchanges, as reported by Lookonchain.

Shift in Federal Reserve Rate Cut Probabilities

Polymarket shows an 8% chance of a 50 basis point rate cut by the Federal Reserve in September, while the likelihood of a 25 basis point cut has decreased to 79%. CME’s FedWatch indicates a 4.2% probability for the former and 95.8% for the latter.

Fundstrat Highlights Ethereum for Long-Term Investments

Fundstrat has identified Ethereum (ETH-USD) as a key investment for the next 10 to 15 years, driven by Wall Street’s increasing adoption of blockchain technology.

Solana’s Alpenglow Upgrade Unveils Rotor Protocol

Anza has introduced Rotor, a new block propagation protocol in Solana’s Alpenglow upgrade, enhancing network efficiency by reducing latency and improving throughput.

GMX Completes $44M Compensation for GLP Holders

GMX has finalized a $44 million compensation plan for GLP holders affected by the July V1 hack, allowing eligible wallets to claim via the GMX dApp.

SpaceX’s Bitcoin Assets Exceed $1 Billion

SpaceX, under Elon Musk’s leadership, has surpassed $1 billion in Bitcoin holdings, owning 8,285 BTC since its last purchase on June 10, 2022.

MetaMask Partners with Linea and Brevis for ZK Rewards

MetaMask, in collaboration with Linea and Brevis, has launched a rewards program for cardholders, offering a 2.4% annual percentage rate boost on USDC lending and borrowing through Aave’s Linea market.

Pudgy Penguins CEO Teases Major Global Partnerships

Luca Netz, CEO of Pudgy Penguins, hinted at an upcoming collaboration with a top 100 global company, calling it ‘explosive news.’ He also mentioned plans for six additional partnerships by year-end.

Analyst Sees Stablecoins and DeFi Reshaping Economy

Jamie Coutts from Real Vision predicts that stablecoins will reduce economic friction, enhancing merchant profits and increasing money circulation, while DeFi innovations could unlock $1 trillion in global economic value annually.

Greenidge Generation Holdings Announces Q2 Financial Results

Greenidge Generation Holdings, a Bitcoin mining firm listed on Nasdaq, reported Q2 revenue of $12.9 million, alongside a net loss of $4.1 million and the production of 110 Bitcoins.

Solana’s Alpenglow Upgrade Launches Rotor Protocol

Anza has unveiled Rotor, a new block propagation protocol in the Solana Alpenglow upgrade, designed to enhance network efficiency by replacing the Turbine protocol.

Ethereum Whale Cuts Short Position to Avoid Loss

A major Ethereum whale has decreased their short position to avert liquidation, currently holding 10,000 ETH with a liquidation price of $5,680, facing a loss of $9.88 million.

Crypto Market Sentiment Stays Neutral Amid Steady Rates

Funding rates on major exchanges indicate that the crypto market’s bullish sentiment remains stable, with a neutral base rate of 0.01% for mainstream asset contracts.

AguilaTrades Suffers Major Trading Losses

AguilaTrades incurred significant losses of $1.846 million after executing six unsuccessful trades, achieving a 0% success rate. The trader is currently holding a 25x leveraged long position on Ethereum (ETH).

SharpLink to Release Q2 Financial Results

SharpLink has announced it will unveil its second-quarter financial results tomorrow at 8 PM UTC+8, followed by an earnings conference call and webcast.

Interest Rate Cuts Challenge Circle’s Financial Health

Dragonfly investor Omar warns that interest rate cuts could significantly impact Circle, potentially leading to a $618 million revenue drop and a 30% decline in gross profit.

Gavin Wood to Reassume CEO Position at Parity

Gavin Wood, co-founder of Parity Technologies, will return as CEO by the end of August, taking over from Björn Wagner, who is stepping down. Wood aims to enhance foundational architecture and market readiness to drive growth.

Radiant Capital Hacker Sells More ETH Amid Investigation

A hacker linked to Radiant Capital has sold an additional 4,326 ETH, converting it into 20.475 million DAI, totaling 9,631 ETH sold since yesterday, valued at $43.937 million.

Ethereum Foundation Denies Involvement in Recent ETH Sale

Ethereum Foundation’s Co-Executive Director Hsiao-Wei Wang confirmed on social media that the recent sale of 2,794.87 ETH was not executed by the foundation, which currently holds less than 0.3% of the total ETH supply.

Korea’s Onshore Won Policy Challenges Stablecoin Goals

South Korea has halted its central bank digital currency pilot to focus on private stablecoins, but faces hurdles due to strict onshore trading rules and a non-internationalized currency.

Blueport Interactive Reveals Crypto Holdings and Plans

Blueport Interactive has announced its cryptocurrency holdings, including 97.08 Bitcoins and 913.63 Ethereum, and plans to raise $100 million through LK Crypto for asset management and fundraising.

Bullish Soars on U.S. Stock Market Debut

Bullish (BLSH) shares surged 83.78% on their first trading day in the U.S., closing at $68 and pushing the market cap to $9.94 billion. After-hours trading saw an additional rise of 11.18% to $75.6.

Whale Accumulates 33,000 ETH in Transactions

A mysterious whale has created two new wallets, amassing 33,402 ETH worth approximately $158 million in just three hours. Over the past ten days, this entity has acquired a total of 379,317 ETH valued at around $1.8 billion from various platforms.

Ark Invest Purchases 2.5 Million Bullish Shares

Ark Invest, under Cathie Wood’s leadership, has acquired 2,532,693 shares of Bullish (BLSH), valued at approximately $172.2 million based on a closing price of $68 per share.

BNB Hits 850 USDT with 1.99% Rise

As of August 14, 2025, BNB has surpassed the 850 USDT mark, currently trading at 850.83 USDT, reflecting a 1.99% increase over the past 24 hours.

Bitcoin (BTC) Hits 124,000 USDT with 3.43% Rise

As of August 14, 2025, Bitcoin has surpassed the 124,000 USDT mark, currently trading at 124,070.10 USDT, reflecting a 3.43% increase in the last 24 hours.

Justin Sun Takes Legal Action Against Bloomberg

Justin Sun has initiated a lawsuit against Bloomberg, claiming the outlet intends to improperly reveal his confidential financial details obtained for its Billionaires Index.

Bitcoin (BTC) Hits 123,000 USDT with 2.63% Rise

As of August 13, 2025, Bitcoin has surpassed the 123,000 USDT mark, currently trading at 123,011.10 USDT, reflecting a 2.63% increase over the past 24 hours.

Bitcoin (BTC) Hits 123,000 USDT with 2.63% Rise

As of August 13, 2025, Bitcoin has surpassed the 123,000 USDT mark, trading at 123,011.10 USDT, reflecting a 2.63% increase over the past 24 hours.

Goolsbee Highlights Services Inflation Concerns Post-CPI

Federal Reserve Chairman Austan Goolsbee raised alarms about inflation in the services sector, despite overall price growth easing. He indicated that persistent services inflation could complicate efforts to achieve the Fed’s 2% target.

Dollar Index Dips as Euro and Pound Gain

The U.S. dollar index (DXY) decreased by 0.26% to 97.839, with the euro and British pound strengthening amid mixed U.S. economic data and potential Federal Reserve policy changes.

Ethereum Approaches $5K Amid Rising Transactions

Ethereum’s price reached $4,724 as transaction activity surged, with daily transactions exceeding 1.7 million. However, its market share is pressured by layer-2 solutions and competing blockchains.

FBI Alerts on Fraudsters Posing as Lawyers

The FBI warns of a new scam where con artists impersonate lawyers to exploit cryptocurrency scam victims, promising fund recovery while stealing more money.

Bitcoin Reaches $123K, Ethereum Surpasses $4,500

Bitcoin has soared to a record $123,231, while Ethereum has crossed $4,500, driven by favorable U.S. inflation data that has increased optimism for Federal Reserve rate cuts.

Goolsbee Warns of Tariff Risks Ahead of Fed Meeting

Chicago Fed President Austan Goolsbee expressed concerns about tariffs potentially fueling inflation and indicated that rate cuts could be on the table if the labor market worsens, pending positive inflation data.

Goldman Sachs Predicts Fed Rate Cuts in 2026

Goldman Sachs anticipates two interest rate cuts by the U.S. Federal Reserve in 2026, lowering the federal funds rate to 3.00%–3.25% due to easing inflation and a slowing labor market.

Ethereum (ETH) Falls Below 4,700 USDT

Ethereum (ETH) has dipped below 4,700 USDT, currently trading at 4,692.20 USDT, marking a 4.48% increase over the last 24 hours.

BNB Falls Below 840 USDT Despite 24-Hour Gains

BNB has dipped below 840 USDT, currently trading at 839.58 USDT, marking a 2.76% increase over the past 24 hours.

Google Play Requires Licensing for Crypto Wallets

Google Play will implement new licensing rules for crypto wallet providers in over 15 regions, including the U.S. and EU, starting October 29. U.S. developers must register as money services businesses, while EU providers need to register as crypto-asset service providers.

Will Shiba Inu Spark the Dog Meme Season?

Shiba Inu (SHIB) is showing bullish signs, currently trading at $0.00001353, with predictions suggesting potential growth in the coming weeks and years.

Understanding Rekt: Its Journey and Future

Rekt (REKT) surged to an all-time high recently, showcasing its unique blend of internet culture and community engagement beyond mere financial assets.

WBTC Hits New All-Time High with 2.29% Surge

As of August 13, 2025, WBTC has reached a new all-time high, trading at 122,456.85 USDT, reflecting a 24-hour increase of 2.29%.

Bitcoin Approaches $123K, Ether Nears 2021 Peak

Bitcoin is nearing a new record high, trading close to $123,000, while Ether is just 3% away from its all-time high of $4,865.

Google Play’s Crypto Rules May Exclude DeFi Apps

Google Play’s new regulations require crypto developers to secure banking licenses in key jurisdictions, potentially barring DeFi applications from its platform.

Are We Entering an Altcoin Season?

With Ethereum’s recent surge and Bitcoin’s dominance waning, signs suggest a potential altcoin season may be on the horizon.

WBTC Hits New All-Time High with 2.29% Surge

As of August 13, 2025, WBTC has reached a new all-time high, trading at 122,456.85 USDT, reflecting a 24-hour increase of 2.29%.

Sapien Foundation Launches Token Generation Event on Base

The Sapien Foundation will host its SAPIEN token generation event on August 20, introducing a decentralized data foundry for AI on Coinbase’s Base blockchain, with an initial unlock of 25% of the total 1 billion tokens.

Sentient Launches Open-Source AGI Network, The GRID

Sentient has unveiled The GRID, an open-source AGI network that offers a decentralized alternative to traditional AI marketplaces, featuring over 40 AI agents and token-based monetization for developers.

Upexi Enlists Arthur Hayes for Solana Strategy

Upexi has formed an advisory committee for its Solana treasury strategy, appointing former BitMEX CEO Arthur Hayes as its first member to enhance visibility and capital acquisition.

OKB Soars 150% Following Major Token Burn

OKB’s price skyrocketed 150% to $115 after OKX executed a historic token burn of $7.86 billion, cutting the supply by over 50%.

Bitdeer Technologies Sees Major Bitcoin Production Growth

Bitdeer Technologies Group reported a significant rise in Bitcoin production for July, achieving 282 BTC, a 39% increase from June, thanks to the deployment of SEALMINER machines.

Ethereum (ETH) Falls Below 4,700 USDT

As of August 13, 2025, Ethereum has dipped below 4,700 USDT, currently trading at 4,692.20 USDT, reflecting a modest 4.48% increase over the past 24 hours.

Thumzup Invests $50M in ETH, DOGE, and SOL

Thumzup has made a significant move by investing $50 million into Ethereum, Dogecoin, Solana, and other cryptocurrencies, while also enhancing its mining infrastructure.

Trump’s BLS Commissioner Firing Raises Economic Data Concerns

Trump’s dismissal of BLS Commissioner Erika McEntarfer has sparked debate over the reliability of government economic statistics, with critics like Ray Dalio questioning their accuracy.

Ethereum Price Approaches All-Time High Amid Bullish Forecast

Standard Chartered’s analysis indicates that institutional demand has driven Ethereum’s price close to an all-time high, with a revised year-end target of $7,500, fueled by significant accumulation since June.

Bitcoin (BTC) Hits 122,000 USDT with 2.72% Gain

As of August 13, 2025, Bitcoin has surpassed the 122,000 USDT mark, currently trading at 122,027.14 USDT, reflecting a 2.72% increase over the last 24 hours.

Solana Surges Past $200 Amid Institutional Interest

Solana (SOL) has surpassed the $200 mark for the first time since August, driven by increased institutional buying, reaching a daily high of $204.47.

Bitcoin Hits 121,000 USDT with Daily Growth

Foresight News reports that Bitcoin has reached a trading value of 121,099.00 USDT, marking a daily increase of 0.80%.

Bitdeer Technologies Sees Surge in Bitcoin Output

Bitdeer Technologies Group reported a 39% increase in Bitcoin production for July, totaling 282 BTC, thanks to the deployment of SEALMINER machines that enhanced self-mining capacity by 35%.

Pendle’s TVL Hits $9 Billion Milestone

Pendle has announced via Twitter that its total value locked (TVL) has surged to $9 billion, with $6.4 billion coming from fixed-income bonds.