Business

August, 2025

• 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 …
• 10 August

  Binance and BBVA Join Forces for Secure Crypto Custody Solutions

  

  Binance, the world’s leading cryptocurrency exchange, has partnered with Spain’s BBVA to offer off-exchange custody services, enhancing security for institutional investors. This collaboration, reported by the Financial Times on August 7, 2025, allows clients to store digital assets, primarily U.S. Treasuries used as trading margin, with BBVA, reducing risks tied to centralized exchanges. The move addresses concerns sparked by the …
• 10 August

  Ethereum Surge Elevates Vitalik Buterin to Billionaire Status Again

  

  Ethereum co-founder Vitalik Buterin has regained his “onchain billionaire” title as Ether (ETH) soared past $4,200, boosting his publicly known crypto holdings to over $1 billion, according to on-chain data. This marks a remarkable recovery from the 2022 bear market, when ETH prices plummeted below $1,000. The recent ETH price surge is driven by renewed market optimism, fueled by growing …
• 9 August

  Ethereum Soars Past $4,000, Signals Robust Crypto Market Revival

  

  Ethereum (ETH), the second-largest cryptocurrency by market cap, surged past $4,000 on August 8, 2025, marking its highest level since December 2024, fueled by strong institutional demand and network advancements. Trading at $4,048.74, ETH saw a 3.8% daily gain and a 50% monthly surge, outpacing Bitcoin’s 25% year-to-date growth, per The Block. The rally follows a breakout from a 45-month …
• 9 August

  CrediX Finance Vanishes After $4.5M DeFi Hack, Shaking Crypto Trust

  

  In a shocking blow to the decentralized finance (DeFi) sector, CrediX Finance, a promising lending protocol, has disappeared following a $4.5 million exploit on August 4, 2025. Blockchain security firm CertiK reported that attackers compromised the platform’s multisig admin and bridge wallets, minting unbacked tokens to drain liquidity pools. The stolen funds were bridged from Sonic to Ethereum, then spread …
• 9 August

  Steak ‘n Shake Sees 10.7% Sales Surge After Bitcoin Payment Rollout

  

  Steak ‘n Shake, a leading U.S. fast-food chain, reported a 10.7% same-store sales increase in Q2 2025, attributing the surge to its adoption of Bitcoin payments, launched on May 16, 2025, across 393 U.S. locations. The initiative, announced via X as “Steaktoshi,” leverages the Bitcoin Lightning Network for fast, low-cost transactions, saving the company 50% in processing fees compared to …
• 9 August

  Coinbase Launches DEX Trading, Unlocks Millions of Tokens for U.S. Users

  

  Coinbase, the leading U.S. cryptocurrency exchange, rolled out decentralized exchange (DEX) trading for U.S. users (excluding New York) on August 8, 2025, enabling access to millions of tokens on the Base blockchain, as announced by CEO Brian Armstrong. This integration, live via the Coinbase app, allows seamless swaps across decentralized liquidity pools, bypassing traditional centralized order books. The move, part …