Business

August, 2025

• 11 August

  Solana Surges 11.9% in a Week: Is a New All-Time High Near?

  

  Solana (SOL) has climbed 11.9% over the past week, reaching $169.13 and fueling speculation about a potential new all-time high above its 2021 peak of $293.31. This rally, driven by robust on-chain activity and ecosystem growth, positions Solana as a leading smart contract blockchain. The surge is propelled by several factors. Solana’s on-chain transaction volume hit an all-time high, averaging …
• 11 August

  El Salvador’s Bitcoin Law Sparks Institutional Interest: Will Prices Soar?

  

  El Salvador, the first country to adopt Bitcoin as legal tender in 2021, has passed the Investment Banking Law on August 7, 2025, aiming to attract institutional investors and bolster its crypto hub status. This legislation allows investment banks with at least $50 million in capital to hold Bitcoin and offer digital asset services to “sophisticated investors” with over $250,000 …
• 10 August

  Caitlin Long vs. Ripple: CTO Defends XRP Against Centralization Charges

  

  A fresh debate has erupted in the crypto community after Caitlin Long, founder and CEO of Custodia Bank, criticized XRP for what she claims is a high degree of centralization. The comments sparked a swift response from David Schwartz, Ripple’s Chief Technology Officer, who stepped in to defend both the cryptocurrency and the company’s operations. Long, a well-known advocate for …
• 10 August

  Japan Inc. Fortifies Crypto with Samurai-Style Security

  

  Japanese corporations are embracing Bitcoin and other cryptocurrencies, fortifying their digital assets with robust security measures dubbed “digital fortresses.” Drawing on a samurai-like discipline, these firms are leveraging cold storage, multi-signature wallets, and advanced cybersecurity to protect against hacks and market volatility, as reported by JapanChangeMoney.com on August 8, 2025. Japan’s crypto adoption is surging, with companies like Quantum Solutions …
• 10 August

  Bitcoin’s Entry Into $12 Trillion Retirement Market Signals Major Shift

  

  Bitcoin is breaking into the $12 trillion U.S. retirement savings sector, with 401(k) providers like Fidelity now offering Bitcoin investment options. This development, highlighted in recent Financial Times reports, allows millions of Americans to include the world’s leading cryptocurrency in their retirement portfolios without navigating complex wallets or exchanges. This marks a pivotal shift, positioning Bitcoin as a legitimate long-term …
• 10 August

  India Cracks Down on Crypto Tax Evasion, Issues 44,000 Notices

  

  India’s Income Tax Department has escalated its fight against cryptocurrency tax evasion, sending over 44,000 notices to investors for failing to report virtual digital asset (VDA) transactions, as reported on August 7, 2025. Using AI-driven tools like Project Insight and the Non-Filer Monitoring System, authorities uncovered ₹630 crore ($75 million) in undisclosed crypto income for 2022-24, alongside ₹705 crore ($85 …
• 10 August

  Can Bitcoin Rebound? Key $115,500 Level Could Spark Major Rally

  

  Bitcoin is under scrutiny as analysts assess its potential to reclaim its all-time high of $123,100, reached in July 2025. After recent volatility and a 4% pullback to $114,245, a critical resistance at $115,500 is now in focus, per Blockonomi. A decisive break above this level could ignite a rally toward $120,000, potentially challenging the previous peak. Technical analysis highlights …
• 10 August

  Ripple’s Legal Chief Flags Regulatory Risks to Crypto Growth

  

  Stuart Alderoty, Ripple’s Chief Legal Officer, has warned that regulatory uncertainty could stifle the cryptocurrency industry’s next major breakout, despite rising institutional adoption. Speaking on August 6, 2025, Alderoty highlighted the absence of clear, unified global regulations as a critical barrier, particularly in the U.S., where “regulation by enforcement” threatens innovation and investor confidence. Alderoty’s concerns stem from inconsistent rules …
• 10 August

  Robert Kiyosaki Eyes Bitcoin Dip to $90K, Plans to Double Holdings

  

  Renowned investor Robert Kiyosaki, author of Rich Dad Poor Dad, predicts Bitcoin could drop to $90,000 in August 2025, citing the “Bitcoin August Curse”—a historical trend of price declines. Far from alarmed, Kiyosaki sees this as a golden opportunity to double his Bitcoin holdings, reinforcing his long-term bullish outlook on the cryptocurrency. As of August 10, 2025, Bitcoin trades at …
• 10 August

  VivoPower’s Bold $100M Ripple and XRP Strategy Redefines Sustainable Finance

  

  Nasdaq-listed VivoPower International PLC, a sustainable energy solutions provider, has unveiled a groundbreaking $100 million plan to acquire Ripple Labs shares, complementing its XRP-focused treasury strategy. Announced on August 8, 2025, this dual-asset approach makes VivoPower the first U.S.-listed company to offer investors exposure to both Ripple equity and XRP tokens, driving its stock up 32% to $5.10. The strategy …