Cryptocurrency News

August, 2025

• 16 August

  Defrauded Investors to Recover $450M in Seized Crypto

  

  In a landmark victory for crypto fraud victims, U.S. authorities have announced the return of approximately $450 million in seized cryptocurrencies to defrauded investors. This recovery, one of the largest in the crypto industry, follows extensive enforcement actions targeting fraudulent schemes, offering hope to thousands impacted by scams. The funds, including Bitcoin, Ethereum, and other digital assets, were confiscated from …
• 16 August

  $10M and Counting: Top Win International Accelerates Bitcoin Accumulation

  

  Top Win International, Taiwan’s first publicly traded Bitcoin treasury company, has raised $10 million to accelerate its Bitcoin accumulation, marking a historic shift in corporate finance. Announced on August 15, 2025, the Hong Kong-based luxury watch retailer, now rebranded as AsiaStrategy, secured the funds through a strategic round led by WiseLink Co., Ltd., with contributions from Chad Koehn of United …
• 15 August

  Whale Buys Nearly $800M in BTC – Market Wonders: More Upside Ahead?

  

  An anonymous Bitcoin whale acquired 6,600 BTC, worth $792 million, in a series of transactions during a market dip, per Whale Alert and @cryptonews on X. This boosted the whale’s holdings to one of the largest non-exchange wallets, fueling speculation of a continued bull run. Bitcoin’s price surged 1.5% to $120,300, with #BitcoinWhale trending on X, reflecting bullish sentiment. The …
• 15 August

  DeFi Education Fund Unveils New Foundation for Expanded Advocacy

  

  DeFi Education Fund (DEF) launched the DeFi Education Foundation, a 501(c)(3) nonprofit to advance decentralized finance (DeFi) education and policy reform, per a press release. The foundation aims to educate lawmakers, protect blockchain developers, and promote innovation-friendly regulations, while offering tax-deductible crypto and fiat donations for supporters. The move strengthens DEF’s mission amid rising U.S. regulatory scrutiny, including the SEC’s …
• 15 August

  Coinbase Signals Altcoin Season Kickoff, Ethereum Leading the Charge

  

  Coinbase’s market insights report signaled the start of an altcoin season, with Ethereum (ETH) leading the charge at $4,640, up 2.1% daily, per CoinMarketCap. The report cites surging trading volumes, altcoin market dominance reaching 39.7%—a seven-month high—and renewed interest in DeFi and Layer-2 solutions as key drivers. Ethereum’s dominance stems from robust on-chain activity: daily active addresses hit 1.3 million, …
• 15 August

  SEC Delays Solana ETF Decision to October 2025, Citing Market Concerns

  

  U.S. Securities and Exchange Commission (SEC) postponed its ruling on spot Solana (SOL) exchange-traded fund (ETF) proposals from Bitwise, 21Shares, and Canary Capital, setting a new deadline of October 16, 2025. The SEC invoked its maximum 60-day extension to evaluate market integrity, investor protections, and Solana’s legal classification as a commodity or security, per filings. Solana’s price fell 6% to …
• 15 August

  ETH Breakout Watch: Live August 15 Updates as Ethereum Nears New ATH

  

  Ethereum (ETH) is on the verge of a new all-time high, trading at $4,640, just 2.5% below its November 2021 peak of $4,762, per CoinMarketCap data. The rally, part of a broader crypto surge, is driven by institutional inflows, macroeconomic optimism, and booming DeFi and NFT activity, with traders eyeing a breakout. Key catalysts include robust institutional buying, with funds …
• 15 August

  New York state lawmakers have introduced a bill that would impose a 0.2% excise tax

  

  New York Assemblymember Phil Steck introduced Assembly Bill 8966, proposing a 0.2% excise tax on cryptocurrency and NFT transactions, effective September 1, 2025, if passed. The bill, currently under review by the Assembly’s Ways and Means Committee, aims to fund substance abuse prevention programs in upstate New York schools, leveraging the state’s thriving crypto sector. The tax applies to digital …
• 15 August

  Will Bitcoin Hold $119K? RSI Weakens While Fed Cut Odds Near 92%

  

  Bitcoin (BTC) hovers near the critical $119,000 support level, with traders on edge as the Relative Strength Index (RSI) slips to 47, signaling weakening bullish momentum. This dip follows a retreat from a peak of $123,236, raising concerns about a potential drop to $115,650–$117,650 if the $119K floor breaks, per Cointelegraph and TradingView analyses. Despite technical headwinds, macroeconomic factors offer …
• 15 August

  Law Enforcement, Firms Recover $300M in Fraud-Linked Crypto

  

  In a landmark anti-fraud operation, global law enforcement, alongside blockchain analytics firms, seized over $300 million in cryptocurrency linked to fraud schemes by August 2025, according to reports from TRM Labs and Chainalysis. The T3+ Global Collaborator Program, launched in September 2024 by TRM Labs, TRON, Tether, and Binance, froze $250 million in illicit assets tied to money laundering, romance …