Bitcoin fell below $112,000 on August 20, 2025, driven by $1 billion in outflows from U.S. spot Bitcoin ETFs, one of the largest withdrawals since their January 2024 launch, per Farside Investors. The crypto market cap dropped to $3.9 trillion, with Bitcoin down 9% from its $124,457 peak on August 14, according to CoinMarketCap. This sell-off, reported by Business Standard, …

Venture capital (VC) funding for cryptocurrency startups cratered in Q2 2025, falling 59% quarter-over-quarter to $1.97 billion across 378 deals, down 15% in deal count, according to Galaxy Digital Research. This marks the weakest quarter since Q4 2020, a stark contrast to Q1’s $4.8 billion, inflated by a $2 billion Binance investment. Excluding that outlier, the drop is closer to …

Cardano’s ADA token crashed nearly 10% in 24 hours, trading at $0.869, outpacing losses in Bitcoin (-7.8%) and Ethereum (-3%), per CoinMarketCap. The sharp decline, reported by CryptoNews, has left investors wary of further downside as the crypto market faces broader turbulence. Several factors drove this sell-off. Profit-taking followed ADA’s recent surge to $1, with trading volume spiking to $2.67 …

U.S. Commodity Futures Trading Commission (CFTC) won a $228.6 million judgment against Eddy Alexandre, a New York pastor who defrauded over 25,000 investors of $262 million through a crypto Ponzi scheme. Operating under EminiFX, Alexandre promised 5–9.99% weekly returns using a nonexistent “robo-assisted advisor” and AI trading technology, exploiting his position in Long Island’s Haitian church community. The U.S. District …

Cryptocurrency market experienced a sharp decline, with Bitcoin falling below $113,000 and Ethereum dropping to $4,210, dragging the global market cap down 1.5% to $3.9 trillion. Several factors fueled this sell-off, raising concerns among investors about the short-term outlook. First, Bitcoin’s retreat from its recent $124,000 peak reflects profit-taking after a strong rally. CryptoQuant analysts suggest this correction, typical of …

AMTD Group, encompassing NYSE-listed AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE), unveiled a groundbreaking crypto-for-stock conversion program, enabling investors to swap Bitcoin, Ethereum, Tether (USDT), BNB, and USD Coin (USDC) for newly issued shares. Announced via a press release, this initiative positions AMTD as a bridge between cryptocurrencies and traditional equities on the New York …

Federal Reserve Vice Chair for Supervision Michelle Bowman urged Fed staff to restrict cryptocurrency holdings to “de minimus” amounts, emphasizing the need to avoid conflicts of interest and maintain regulatory impartiality. Speaking at a policy review, Bowman argued that limited crypto ownership could enhance staff understanding of digital assets, but significant holdings risk compromising the Fed’s credibility amid volatile markets …

In 2018, Harvard economist Kenneth Rogoff predicted Bitcoin would plummet to $100, citing its use in illicit activities and expected regulatory crackdowns. Seven years later, with Bitcoin trading above $113,000 after peaking at $124,128, Rogoff admitted his forecast was wildly inaccurate in a recent post on X. His mea culpa, reported by CryptoNews on August 20, 2025, highlights three miscalculations: …

The UK is shaping up as a key hub for cryptocurrency regulation, with the Financial Conduct Authority (FCA) tightening compliance for crypto firms to prioritize consumer protection and transparency. In a recent interview with CryptoNews, Binance’s UK director, Nish Patel, a former FCA crypto asset specialist, shared insights on the evolving regulatory landscape and Binance’s strategic response. Patel emphasized that …

Bitcoin’s price slid to $112,000, sparking nearly $1 billion in outflows from U.S.-listed spot Bitcoin exchange-traded funds (ETFs) in a single week, marking one of the largest withdrawals since their January 2024 debut. Data from Farside Investors shows BlackRock’s iShares Bitcoin Trust (IBIT) led with $430.8 million in outflows on May 30, 2025, followed by Fidelity’s FBTC at $344.7 million …