Business

August, 2025

• 11 August

  Sri Lanka’s Premium Tea Brand ‘Tea Avenue’ Makes Grand India Debut in Collaboration with FranGlobal

  

  In a major step forward for premium lifestyle and beverage experiences, Tea Avenue, Sri Lanka’s most beloved homegrown tea café chain, is all set to mark its India entry in collaboration with FranGlobal, the international business arm of Franchise India Group. This strategic alliance heralds a new chapter in cross-border brand expansion and reflects the ever-growing appetite for curated global tea experiences among …
• 11 August

  DigitalX Denies Wrongdoing in ASX Director Trading Probe

  

  DigitalX Limited (ASX:DCC), an Australian Securities Exchange-listed blockchain and digital asset investment firm, has strongly refuted allegations of policy breaches following a regulatory probe into director share purchases. The inquiry centers on transactions by non-executive director Ieva Guoga, who reportedly bought 3 million shares before a May 29, 2025, announcement of an $11.6 million Solana token acquisition, as reported by …
• 11 August

  Top 3 Altcoins Poised for All-Time Highs in Mid-August 2025

  

  The cryptocurrency market is buzzing with bullish momentum in August 2025, with altcoins like Solana (SOL), Chainlink (LINK), and Avalanche (AVAX) showing strong potential to hit new all-time highs by mid-month, driven by robust on-chain activity and sector-specific catalysts. Solana (SOL), priced at $163.55 on August 4, 2025, is gaining traction due to its high-speed, low-cost transactions, making it a …
• 11 August

  Ethereum Price Could Soar to $15K by 2025, AI Models Predict

  

  Ethereum (ETH), the second-largest cryptocurrency, could surge to $15,000 by the end of 2025, according to AI-driven forecasts cited by crypto analyst Miles Deutscher in an August 10, 2025, video. Leveraging machine learning models, Deutscher’s analysis, based on historical price patterns, on-chain data, and macroeconomic trends, points to a potential 3.5x rally from ETH’s current price of $4,303. The bullish …
• 11 August

  Affordable Housing – Collateral Damage for US Tariffs?

  

  To date in H1 2025, affordable housing share already down to 18% of total sales in the top 7 cities, from a massive 38% in 2019 MSME & SME workforce – key target clientele of affordable housing – to take sharpest blow from tariff MSMEs alone contribute nearly 30% to the country’s GDP & over 45% of exports; 260+ Mn …
• 11 August

  Ethereum Soars 22% in a Week: Can ETH Bulls Hit $5,000?

  

  Ethereum (ETH) has surged an impressive 22% over the past week, reaching $4,300 and igniting speculation about a potential climb to $5,000. This rally, the largest since November 2021, is driven by robust retail and institutional buying, bolstered by several key catalysts. The U.S. Securities and Exchange Commission’s (SEC) approval of spot Ethereum ETFs in July 2024 has fueled significant …
• 11 August

  Vitalik Buterin Back in Billionaire Club as Ethereum Tops $4,300

  

  Vitalik Buterin, Ethereum’s co-founder, has rejoined the billionaire ranks as ETH surged past $4,300, peaking at $4,468 in the last week of July 2025. Holding approximately 240,000 ETH, valued at over $1 billion, Buterin’s wealth reflects Ethereum’s explosive 22% rally in a week, driven by strong market dynamics. The price surge is fueled by multiple catalysts. The SEC’s approval of …
• 11 August

  Pump.fun’s $6.68M PUMP Buyback: Aiming for Solana Meme Coin Dominance?

  

  Pump.fun, a leading Solana-based memecoin launchpad, has repurchased $6.68 million in PUMP tokens, sparking excitement and speculation about its bid to lead the Solana meme coin market. Over six days ending August 5, 2025, the platform bought back ~8,740 SOL worth of PUMP, equating to 102% of its revenue, as tracked on its public dashboard. This aggressive move aims to …
• 11 August

  Crypto Market Surges: Bitcoin Nears $122K, Ethereum Eyes $4.5K

  

  The cryptocurrency market is soaring, with Bitcoin (BTC) approaching $122,000 and Ethereum (ETH) targeting $4,500, pushing the total crypto market cap to $2.31 trillion. Bitcoin’s 1.34% daily gain to $118,654, as reported on August 11, 2025, is fueled by institutional inflows and spot ETF demand, with $1.1 billion in net inflows since July 2024. Exchange-traded BTC supply has dropped to …
• 11 August

  Ethereum Developer Detained in Turkey for Alleged Blockchain Misuse

  

  An Ethereum developer, identified as @fede_intern on X, was detained in Izmir, Turkey, on August 11, 2025, over allegations of “blockchain misuse,” stirring concern across the global crypto community. The charges, described as vague by sources, reportedly involve claims of facilitating illicit transactions, potentially tied to money laundering or bypassing Turkey’s capital controls. Official details remain scarce, with no formal …