Business

August, 2025

• 31 August

  Ethereum Community Foundation Rolls Out BETH to Make Token Burns Visible

  

  Ethereum Community Foundation (ECF) launched BETH, a groundbreaking token designed to make Ethereum’s token burns transparent and auditable. BETH, a proof-of-burn token, represents ETH permanently removed from circulation, offering a clear, on-chain record of destruction events. This initiative, unveiled via a smart contract, enhances Ethereum’s deflationary narrative post-EIP-1559, which burns transaction fees to reduce supply. Each BETH token corresponds to …
• 31 August

  $40B Trump Crypto Launches Amid Bitcoin $1M Price Predictions

  

  Trump-endorsed cryptocurrency, $TRUMP, launched on the Solana blockchain, sparking a frenzy with a market cap peaking at $15 billion. Despite claims of a $40 billion valuation, the token’s current market cap is $3.07 billion, with 200 million of its 1 billion tokens circulating, per CoinGecko data. The launch, announced via Truth Social, aligns with bold predictions of Bitcoin reaching $1 …
• 31 August

  Warren Buffett to Retire as Berkshire CEO at 95: End of an Era

  

  In a stunning announcement at Berkshire Hathaway’s annual shareholder meeting on May 3, 2025, Warren Buffett, the legendary “Oracle of Omaha,” revealed he will step down as CEO by year-end, concluding a 60-year tenure that transformed a struggling textile firm into a $1.16 trillion conglomerate. At 94, Buffett’s retirement marks the end of an era for global investing. Buffett’s legacy …
• 31 August

  Gryphon-American Bitcoin Merger Sparks Buzz: Buy Before ABTC Goes Live?

  

  The cryptocurrency market is buzzing as Gryphon Digital Mining’s merger with American Bitcoin Corp (ABC), backed by Eric and Donald Trump Jr., received shareholder approval on August 27, 2025, paving the way for a Nasdaq listing under the ticker ABTC in September. The stock-for-stock deal, announced in May, positions the combined entity as a leading Bitcoin mining and accumulation platform, …
• 31 August

  Ethereum Surges, Bitcoin Whales Dump $2.7B in August Crypto Shake-Up

  

  August 2025 marked a stark contrast in the crypto market, with Ethereum (ETH) recording its highest transaction volume of the year at 46.9 million transfers, surpassing May 2021’s peak, per blockchain.news. Driven by robust DeFi activity and NFT marketplace rebounds, Ethereum’s network moved $14 billion weekly, fueled by stablecoin transactions like USDT and USDC. Gas fees remained manageable, reflecting efficiency …
• 31 August

  Tether Faces Regulatory Heat and User Pushback, Signals Strategic Shift

  

  Tether, the issuer of the world’s largest stablecoin USDT, is navigating turbulent waters as regulatory scrutiny and user backlash prompt a strategic retreat. On August 30, 2025, Tether announced it would halt USDT minting on five blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—citing operational efficiency amid global regulatory pressures. This follows the U.S. GENIUS Act and EU’s MiCA …
• 30 August

  Bitcoin Price Watch: Bears Take Control as Bulls Await Volume Breakout

  

  Bitcoin (BTC) is facing bearish pressure as sellers dominate, with the price dipping to $96,000 on August 30, 2025, per CoinDesk. After hitting a high of $124,517 on August 14, BTC has dropped 7%, testing key support levels and raising concerns about a deeper correction. However, bulls are watching for a volume-driven breakout that could spark a rally, potentially pushing …
• 30 August

  Altcoin Alert: 3 Tokens the Pros Are Buying in Market Pullback

  

  As Bitcoin pulls back from its $100,000 peak, professional investors are capitalizing on the dip to buy undervalued altcoins, according to CoinDesk’s August 29, 2025, analysis. Three tokens—Ethereum (ETH), Solana (SOL), and Chainlink (LINK)—stand out for their robust fundamentals and growth potential, drawing smart money amid market volatility. Ethereum (ETH) remains the backbone of decentralized finance (DeFi) and non-fungible tokens …
• 30 August

  Peter Thiel vs. Michael Saylor: Crypto Treasury Showdown – Bet or Bubble?

  

  Tech titans Peter Thiel and Michael Saylor are fueling a heated debate over corporate crypto treasuries, with their contrasting strategies raising questions about whether these moves are bold bets or signs of a looming bubble, according to Cointelegraph on August 30, 2025. Thiel, PayPal co-founder, and Saylor, Strategy’s executive chairman, are reshaping corporate finance with significant cryptocurrency investments, but their …
• 30 August

  Bitcoin on the Edge: Analyst Predicts Support Break, $100K in Question

  

  Bitcoin (BTC) is approaching a pivotal moment as it hovers near a key support level, with analysts warning of potential volatility, according to a recent CoinDesk report on August 30, 2025. Currently trading around $98,000, BTC faces a critical threshold that could determine whether it holds its $100,000 psychological milestone or faces a sharp correction. Investors are on edge as …