Business

August, 2025

• 18 August

  Bitcoin Dips as Whales Cash Out; Analyst Sees Ethereum Rising to $5K

  

  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 …
• 18 August

  Altcoins Face Bigger Liquidations Than Bitcoin Amid Altseason Talk

  

  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 …
• 18 August

  Thailand Prepares Crypto Payment Sandbox to Attract Travelers

  

  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 …
• 18 August

  Jack Dorsey Urges Return to Bitcoin’s Core Vision in 2025

  

  Jack Dorsey, Twitter co-founder and CEO of Block, has reignited the conversation around Bitcoin’s original purpose, emphasizing its role as a decentralized, peer-to-peer currency for financial empowerment. Speaking at a virtual crypto summit on August 17, 2025, Dorsey urged the Bitcoin community to refocus on its founding principles amid rising institutional investment and speculative trading. Dorsey stressed that Bitcoin, launched …
• 18 August

  Metaplanet’s Bitcoin Holdings Surge to $2.18B After New Acquisition

  

  Tokyo-based investment firm Metaplanet has solidified its position as a leading corporate Bitcoin holder, boosting its total holdings to 18,888 BTC, valued at approximately $2.18 billion, after acquiring 775 BTC on August 18, 2025. This strategic purchase, announced by CEO Simon Gerovich, underscores Metaplanet’s commitment to integrating Bitcoin as a core treasury asset to hedge against fiat currency risks and …
• 17 August

  Bitcoin Exec: 50%+ Chance BTC Hits $150K Before Next Bear Market

  

  Canary Capital CEO Steven McClurg predicted on CNBC that Bitcoin (BTC) has a 50%+ chance of reaching $140,000–$150,000 by the end of 2025 before a bear market emerges, driven by robust institutional demand and ETF inflows. As of August 17, 2025, Bitcoin trades at $117,243, per CoinMarketCap, implying a potential 19–27% upside. McClurg attributes the bullish outlook to $151.98 billion …
• 17 August

  XRP Trend Alert: Bollinger Bands Suggest Big Shift Coming

  

  XRP traders are on high alert as Bollinger Bands, a key volatility indicator, signal a potential price breakout for Ripple’s cryptocurrency in August 2025. Currently trading at $3.31 after a 10% surge following the SEC lawsuit resolution on August 7, XRP’s tightening Bollinger Bands suggest a significant price shift is imminent, per CoinGecko data. Bollinger Bands measure volatility, and their …
• 17 August

  Crypto ETFs Lose Steam: $73 Million Outflow from BTC & ETH Funds

  

  U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $73 million in net outflows on August 15, 2025, signaling a pause in the crypto market’s bullish momentum, per SoSoValue data. Bitcoin ETFs saw $14.13 million in outflows, while Ethereum ETFs faced a steeper $59.34 million withdrawal, ending weeks of strong inflows. Bitcoin ETFs, with $151.98 billion in net …
• 17 August

  Galaxy’s Mike Novogratz Warns: $1M Bitcoin in 2026 Isn’t All Good News

  

  Galaxy Digital CEO Mike Novogratz has cautioned that Bitcoin reaching $1 million by 2026, while a dream for crypto enthusiasts, could signal severe economic turmoil. Speaking on the Coin Stories podcast, he warned, “A million-dollar Bitcoin means we’re in a really bad place domestically.” His comments follow Bitcoin’s surge to $124,128 on August 15, 2025, per Cointelegraph. Novogratz argues that …
• 17 August

  Crypto Relief? Fed Axes Banking Oversight Program Targeting Digital Assets

  

  U.S. Federal Reserve terminated its Novel Activities Supervision Program, launched in 2023 to scrutinize banks involved in cryptocurrencies, stablecoins, and fintech partnerships. The program, criticized as part of “Operation Chokepoint 2.0,” allegedly restricted crypto firms’ access to banking services. The Fed now integrates these activities into its standard supervisory framework, signaling a shift toward normalized oversight. The decision rescinds the …