Cryptocurrency News & Live Updates
Synopsis
With Ethereum’s recent surge and Bitcoin’s dominance waning, signs suggest a potential altcoin season may be on the horizon.
Recent developments in the cryptocurrency market indicate a shift in dynamics, particularly with Ethereum (ETH) gaining nearly 30% and attracting significant institutional interest, including $2.3 billion in net inflows to spot ETH ETFs. This resurgence raises questions about the long-awaited altcoin season, especially as Bitcoin’s dominance declines after over 1,020 days. However, the Altcoin Season Index remains neutral at 51, suggesting that a confirmed altcoin season is yet to materialize. Meanwhile, WBTC has reached a new all-time high, trading at 122,456.85 USDT, reflecting growing investor confidence. In another notable event, the Sapien Foundation is set to launch its SAPIEN token on Coinbase’s Base, aimed at supporting a decentralized data foundry for AI, with a fair launch model. Additionally, Sentient has unveiled The GRID, an open-source AGI network designed to democratize AI development. Upexi is also making headlines by forming an advisory committee to bolster its Solana treasury strategy, with significant corporate interest in SOL. These developments collectively highlight a vibrant and evolving crypto landscape, with potential shifts in market leadership and investment strategies.
Show more
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.