Cryptocurrency News & Live Updates
Synopsis
Grayscale has introduced two new investment trusts linked to Sui’s DeepBook (DEEP) and Walrus (WAL) protocols, providing accredited investors with direct access to Sui’s liquidity and data layers.
In a significant move, Grayscale has launched investment trusts for Sui’s DeepBook and Walrus protocols, marking its first venture into protocol-level infrastructure. This shift reflects a broader institutional strategy focusing on blockchain infrastructure rather than speculative tokens. Meanwhile, Ethereum has surged past $4,600, driven by positive U.S. inflation data and strong institutional buying, with analysts predicting further gains. Bitcoin is also nearing $120,000, supported by favorable market sentiment. Chainlink’s token has seen a 10% increase following a partnership with the Intercontinental Exchange, highlighting its growing role in bridging traditional finance and blockchain. Additionally, as Ethereum’s price rallies, analysts suggest looking into low-priced tokens like Pepe, Chainlink, and Ethena, which are poised for potential gains. Overall, the cryptocurrency market is experiencing a bullish trend, fueled by institutional interest and macroeconomic factors, setting the stage for possible record-breaking prices in the coming months.
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Grayscale Launches Trusts for Sui’s Infrastructure Tokens
Grayscale has introduced two new investment trusts linked to Sui’s DeepBook (DEEP) and Walrus (WAL) protocols, providing accredited investors with direct access to Sui’s liquidity and data layers.
Ethereum (ETH) Hits $4,600 with 9.03% Surge
As of August 12, 2025, Ethereum has surpassed the $4,600 mark, trading at $4,607.41, reflecting a notable 9.03% increase in just 24 hours.
Ethereum Surges Past $4,500, Bitcoin Approaches $120K
Ethereum (ETH) has surpassed $4,500 following favorable U.S. inflation data, while Bitcoin (BTC) nears $120,000 amid expectations of a Federal Reserve rate cut. Binance Coin (BNB) also climbs to $830, with analysts predicting further gains if momentum continues.
Chainlink’s LINK Rallies 10% Amid New Partnerships
Chainlink’s LINK token jumped 10% to a seven-month high, driven by a partnership with the Intercontinental Exchange and a token buyback initiative known as the Chainlink Reserve.
Affordable Cryptos to Consider as Ethereum Surges
Ethereum’s price has soared past $4,500, marking a significant rally. This article highlights low-priced crypto assets like Pepe, Chainlink, and Ethena that could benefit from Ethereum’s momentum.
S&P 500 Aims for Record Close Above 6,400
U.S. stocks surged on Tuesday, with the Dow Jones gaining over 500 points and the S&P 500 rising 1.1%, as inflation data showed stability at 2.7% year-over-year, fueling optimism for potential Federal Reserve rate cuts.
Three Altcoins Poised for Gains Amid Ethereum Surge
Ethereum advocate Arthur Hayes has repurchased $10.5 million in ETH, signaling bullish sentiment as the token approaches $4,500. Chainlink, Polkadot, and Pump.fun are also showing strong momentum, potentially benefiting from Ethereum’s rally.
MARA Acquires Majority Stake in EDF’s HPC Unit
MARA is set to acquire a 64% stake in Exaion, EDF’s high-performance computing subsidiary, with plans to increase it to 75% by 2027, marking a shift from bitcoin mining to the cloud infrastructure market.
USDC Treasury Issues $500 Million on Solana
Whale Alert reports that the USDC Treasury has minted an additional $500 million USDC on the Solana blockchain through two transactions of $250 million each.
Is Sui Price Set for Further Decline?
Sui struggles below $4 as bearish momentum and an upcoming token unlock raise fears of additional losses.
VivoPower Partners with Crypto.com for XRP Strategy
VivoPower has chosen Crypto.com as its custodial partner to enhance its XRP treasury strategy, aiming for international growth and exposure to a large user base.
Ethereum Surges Past $4,500, Bitcoin Nears $120K
Ethereum (ETH) surpasses $4,500 as U.S. inflation data aligns with expectations, while Bitcoin (BTC) approaches $120,000 amid Fed rate cut speculation. Binance Coin (BNB) rises to $830, nearing its all-time high.
Bitcoin (BTC) Hits 119,000 USDT with Minor Dip
As of August 12, 2025, Bitcoin has reached the 119,096 USDT mark, reflecting a slight 0.86% decrease over the past 24 hours.
Ethereum (ETH) Hits 4,500 USDT with 4.86% Gain
Ethereum (ETH) has surpassed the 4,500 USDT mark, currently trading at 4,500.13 USDT, reflecting a 4.86% increase over the past 24 hours.
Circle Launches Arc Blockchain for Stablecoin Innovation
Circle introduces Arc, a Layer-1 blockchain designed for stablecoin applications, addressing key challenges in institutional adoption with USDC as its native gas token and integrated FX capabilities.
BNB Hits 831 USDT with 3.13% Rise
As of August 12, 2025, BNB has surpassed the 830 USDT mark, currently trading at 831.16 USDT, reflecting a 3.13% increase over the past 24 hours.