Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) unveiled its transformative “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy on August 17, 2025, at Monterey Car Week, aiming to integrate AI-driven electric vehicles (EVs) with a $10 billion cryptocurrency investment plan. The California-based EV startup seeks to redefine mobility by blending Web3 technologies with its luxury FF 91 and mass-market FX …

Bitcoin (BTC) slumped to $115,500 on August 17, 2025, a 1.35% drop, as gloomy macroeconomic signals triggered a risk-off mood across global markets, dragging major altcoins like Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) lower. U.S. manufacturing PMI fell to 46.8, signaling contraction, while July unemployment rose to 4.3%, per Bloomberg, fueling investor caution. The crypto market shed $100 billion …

Thailand is revolutionizing its tourism sector with the “TouristDigiPay” initiative, launched on August 18, 2025, allowing foreign tourists to convert cryptocurrencies like Bitcoin and Ethereum into Thai baht for seamless electronic payments. Announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, this program addresses a 6% drop in tourist arrivals in 2025, particularly from China, aiming to attract tech-savvy …

Solana (SOL) achieved a groundbreaking milestone on August 17, 2025, hitting 107,540 transactions per second (TPS) during a mainnet stress test, as confirmed by Mert Mumtaz, co-founder of Solana’s developer firm Helius. This record, posted on X, positions Solana as the first major blockchain to surpass 100,000 TPS, reinforcing its dominance in scalability and speed. The test involved “no-operation” (noop) …

Shiba Inu (SHIB), the Ethereum-based meme coin, is making waves beyond crypto by co-organizing the “1001 Festival” in Seoul, South Korea, on September 24, 2025, at RAUM Art Center. Announced via X on August 18, 2025, the event blends cryptocurrency with K-Pop culture, featuring Squid Game-themed challenges and performances by Korean rap icons Gray and Loco. The festival, a collaboration …

China’s looming $1.4 trillion stimulus package, set for a National People’s Congress vote on November 8, 2025, has sparked optimism for a potential altcoin rally as the country grapples with weak economic data. July 2025 figures revealed a 0.1% drop in retail sales, a 5.3% year-on-year decline in fixed-asset investment—the steepest since March 2020—and a rise in urban unemployment to …

A viral post by former Monero lead developer Riccardo Spagni has ignited a fierce debate in the crypto community, fueling a “culture war” over XRP’s role in the blockchain ecosystem. On August 17, 2025, Spagni shared on X that a crypto-skeptic friend sought to buy XRP, believing banks would be obsolete in two years, prompting sharp reactions across platforms. Spagni’s …

Bitcoin (BTC) faced downward pressure on August 17, 2025, sliding to $115,900, a 1.35% drop, as large investors, or “whales,” cashed out profits following a peak of $124,000 earlier in the week. Data from CryptoQuant shows a surge in the Exchange Whale Ratio, indicating significant sell-offs, with $350 million in market liquidations, including $236 million from bullish long traders. Despite …

The cryptocurrency market is abuzz as altcoin liquidations have surpassed Bitcoin’s on major exchanges like Binance in 2025, signaling a surge in speculative trading and renewed talk of an impending altseason. Data from CryptoQuant shows that since January 2025, altcoin liquidations, both long and short, have spiked, overtaking Bitcoin’s by July, with the trend intensifying in August. This shift, driven …

Thailand is set to revolutionize its tourism sector with the launch of the “TouristDigiPay” crypto payment sandbox on August 18, 2025, allowing foreign tourists to convert cryptocurrencies like Bitcoin and Ethereum into Thai baht for seamless electronic payments. Announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, this initiative aims to counter a 6% drop in tourist arrivals in …