Cryptocurrency Live News & Updates : Crypto Market Trends Update for August 10, 2025

Crypto Market Trends Update for August 10, 2025

The global cryptocurrency market cap is at $3.95T, with Bitcoin trading at $118,266, up 0.84%. Major cryptocurrencies show mixed performance, with PROVE, OG, and BIO leading gains.

Binance Market Overview for August 10, 2025

The global cryptocurrency market cap is now $3.94T, with Bitcoin trading at $118,266, up 0.84%. Major cryptocurrencies show mixed performance, with PROVE, OG, and BIO leading gains of 44%, 36%, and 28%, respectively.

White House Official Critiques Banks on Bitcoin ETF Access

David Sacks, the White House’s AI and cryptocurrency head, voiced concerns on X about major U.S. banks restricting access to Bitcoin ETFs on their wealth management platforms, questioning if this reflects ongoing ‘debanking’ practices.

World3 (WAI) to Launch on Binance Alpha

Binance Alpha is set to list World3 (WAI) on August 12, with eligible users able to claim an airdrop using Binance Alpha Points once trading begins.

Retail Market Sentiment Rises Amid FOMO Worries

Foresight News reports that retail market sentiment is growing stronger, with fears of missing out (FOMO) potentially hindering the market’s recovery.

Embargo Ransomware Group Collects $34 Million in Crypto

The Embargo ransomware group has reportedly gathered over $34 million in cryptocurrency ransoms since April 2024, targeting critical U.S. infrastructure and employing sophisticated laundering tactics.

BNB Falls Below 800 USDT Amid Market Fluctuations

As of August 10, 2025, BNB has dipped below 800 USDT, currently trading at 798.98 USDT, marking a 1.06% decline in the past 24 hours.

Ethereum Falls Below 4200 USDT

Ethereum’s price has dipped below the 4200 USDT threshold, currently trading at 4204.81 USDT, marking a daily decline of 1.54%.

Ethereum (ETH) Falls Below 4,200 USDT

As of August 10, 2025, Ethereum has dipped below 4,200 USDT, currently trading at 4,186.41 USDT, reflecting a modest 0.69% increase over the past 24 hours.

Binance Alpha Introduces GameBuild (GAME) Airdrop

Binance Alpha has launched an airdrop for GameBuild (GAME), allowing eligible users to claim 10,200 GAME tokens using Binance Alpha Points within 24 hours of trading commencement.

Binance Unveils GAME Trading Contest on Alpha

Binance announces a GAME Trading Competition on its Alpha platform, running from August 10 to August 24, 2025, with 205 million GAME tokens as rewards for top participants based on purchase volume.

Bitcoin Maintains Dominance Despite Ether’s Rise

Michael Saylor remains confident in Bitcoin’s strength, noting its market dominance at 60.18% and a surge in corporate holdings, even as Ether gains traction with a recent price increase.

Binance Airdrop: Claim Your Alpha Points Today

Binance reminds users that they can claim their Alpha Airdrop starting today at 07:00 (UTC) if they have at least 237 Alpha Points.

Trader Shares Key Financial Lessons from Trading

Cryptocurrency trader James Wynn discusses how he views failures as growth opportunities, recounting his journey from $3 million to $100 million and back, emphasizing the importance of composure in trading.

Significant Liquidations Hit Cryptocurrency Market

Foresight News reports that the cryptocurrency market experienced liquidations totaling $452 million in the last 24 hours, with long positions at $111 million and short positions at $337 million. Ethereum led with $248 million in liquidations, while Bitcoin followed with $49.57 million.

Trader Shares Key Financial Insights from Trading

Cryptocurrency trader James Wynn reflects on his trading journey, emphasizing that failures are valuable learning opportunities. After turning $3 million into $100 million and losing it all, he highlights the importance of composure in the volatile crypto market.

USDe Achieves $10 Billion Market Cap in 500 Days

Ethena’s synthetic stablecoin, USDe, has surpassed a market capitalization of $10 billion within just 500 days, as reported by Messari researcher Stablecoin Intern.

USDe Achieves $10 Billion Market Cap in 500 Days

Ethena’s synthetic stablecoin, USDe, has surpassed a market cap of $10 billion within just 500 days, as reported by Messari researcher Stablecoin Intern.

El Salvador Boosts Bitcoin Reserves by Eight Coins

El Salvador has added eight Bitcoin coins to its reserves over the last week, bringing its total holdings to 6,263.18 coins, valued at around $738.5 million.

Bitcoin (BTC) Hits 118,000 USDT with 1.38% Gain

As of August 10, 2025, Bitcoin has surpassed the 118,000 USDT mark, currently trading at 118,036.02 USDT, reflecting a 1.38% increase in the last 24 hours.

BNB Hits 810 USDT with 1.74% Daily Rise

As of August 10, 2025, BNB has surpassed the 810 USDT mark, currently trading at 810.11 USDT, reflecting a 1.74% increase over the past 24 hours.

Trump and Putin to Meet on Ukraine in Alaska

U.S. President Donald Trump plans to meet Russian President Vladimir Putin in Alaska on August 15 to discuss the Ukraine crisis, with potential involvement from Ukrainian President Volodymyr Zelensky.

Multi-Signature Strategies for Bitcoin Treasury Firms

Riot Platforms’ VP Pierre Rochard indicated that Bitcoin treasury firms may adopt multi-signature techniques in non-cooperative legal jurisdictions to enhance asset protection against seizures.

Bitcoin (BTC) Hits 117,000 USDT with 0.58% Rise

As of August 10, 2025, Bitcoin has surpassed the 117,000 USDT mark, currently trading at 117,092.5 USDT, reflecting a modest 0.58% increase over the last 24 hours.

Ethereum Overtakes Mastercard and Netflix in Value

Ethereum’s market cap has reached $519.27 billion, surpassing Mastercard’s $519.19 billion and Netflix’s $514.85 billion, marking a 26.02% increase over the past week.

Bitcoin Treasury Firms Consider Multi-Signature Security

Riot Platforms’ Pierre Rochard suggests that Bitcoin treasury firms may adopt multi-signature strategies in non-cooperative legal jurisdictions to enhance asset protection against seizures.

ETH/BTC Rate Rises for Five Consecutive Days

Foresight News reports that the ETH/BTC exchange rate has seen a five-day increase, currently at 0.037, a level not reached since January. This comes after a trader previously lost $22.45 million maintaining a long position at a higher rate.

Investor Gains from Accumulating PROVE Tokens

Recent data shows an address has amassed 2 million PROVE tokens at an average price of $1, yielding a profit of $873,000 after staking the tokens.

Fed Governor Supports Interest Rate Cuts

Federal Reserve Governor Michelle Bowman has pointed to recent employment growth data revisions as a basis for considering interest rate cuts, believing that labor market weaknesses outweigh inflation risks.

NFT Market Sees Significant Trading Volume Drop

Recent data indicates an 11% decline in NFT trading volume, falling to $134.9 million, with NFT buyers and sellers decreasing by nearly 90%. Ethereum’s trading volume also dropped, while Polygon and BNB Chain saw increases.

Trump Ends ‘Operation Chokepoint 2.0’ with Executive Order

President Trump has signed an executive order prohibiting federal agencies from pressuring banks to deny services to entire industries, a move celebrated by crypto advocates as a victory against ‘Operation Chokepoint 2.0.’

Ethereum Reaches $4,300, Eyes $4,400 Target

Ethereum (ETH) briefly hit $4,300 before retreating to $4,270 as traders took profits. The next significant target is $4,400, supported by options market dynamics and whale activity.

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.