Cryptocurrency News

August, 2025

• 15 August

  Czech Police Nab Convicted Trafficker in $45M Bitcoin Crime Ring Probe

  

  Czech authorities arrested Tomáš Jiřikovský, a convicted drug trafficker, in Prague, intensifying a probe into a $45 million Bitcoin scandal linked to organized crime. The operation, supported by Europol and international cybercrime units, targets a sophisticated network allegedly laundering illicit funds through cryptocurrencies. Jiřikovský, previously convicted in 2017 for drug trafficking and operating the dark web’s Sheep Marketplace, is accused …
• 15 August

  Hong Kong SFC Fortifies Crypto Custody Standards Amid Global Security Scares

  

  Hong Kong’s Securities and Futures Commission (SFC) has introduced stringent crypto custody regulations to enhance security for licensed virtual asset trading platforms (VATPs), effective immediately. The move follows global security breaches resulting in over $3 billion in crypto losses in 2025, with hackers exploiting weak wallet systems and access controls. The SFC’s new standards, part of its “ASPIRe” roadmap, mandate …
• 14 August

  Coinbase & Squads Alliance Push USDC Adoption on Solana into Overdrive

  

  Coinbase, a leading U.S. cryptocurrency exchange, has partnered with Squads Protocol, a Solana-based DeFi infrastructure platform, to make USD Coin (USDC) the default stablecoin across Squads’ product suite, announced on August 13, 2025. This strategic alliance aims to supercharge USDC adoption on the Solana blockchain, enhancing its role in decentralized finance (DeFi). Squads has already secured over $1 billion in …
• 14 August

  Peter Thiel-Backed Bullish Jumps 11% After Hours Following Blockbuster IPO

  

  Bullish, a Peter Thiel-backed cryptocurrency exchange, electrified Wall Street with a stellar NYSE debut on August 13, 2025, raising $1.1 billion by selling 30 million shares at $37 each, valuing the firm at $5.4 billion. Shares skyrocketed, opening at $90 and peaking at $118 before closing at $75.3, a 150% surge, signaling robust investor confidence in digital assets. The IPO, …
• 14 August

  Chainlink Back in Action: LINK Gains 44% as Market Eyes Next Move

  

  Chainlink (LINK) has staged an impressive comeback, soaring 44% in recent trading sessions, reaching $24.60, its highest level since January 2022, according to CoinMarketCap data. This rally has sparked excitement among traders eyeing a potential second wave of gains. Fueling the Rally Several factors are driving LINK’s resurgence. The growing adoption of Chainlink’s decentralized oracle network in DeFi and real-world …
• 14 August

  Bitcoin Skyrockets to New Peak: Next Targets for Bullish Traders

  

  Bitcoin (BTC) soared to a new all-time high of $124,457 on August 14, 2025, igniting excitement among traders, fueled by Federal Reserve rate-cut bets and pro-crypto policies. The rally, up 3.6% in 24 hours, pushed the crypto market cap to $4.18 trillion, with Ethereum and XRP also climbing. Technical indicators signal robust momentum. Bitcoin’s breakout above $113,000, forming an ascending …
• 14 August

  Crypto Exchange IPO Soars: Shares Surge 143% to $90 on Debut

  

  Kraken, a leading cryptocurrency exchange, launched its IPO with a stunning 143% surge, opening at $90 per share and closing at $128.70, valuing the company at $22.5 billion. This explosive debut, one of the largest crypto IPOs to date, underscores investor fervor for digital asset platforms amid a bullish market, with Bitcoin hitting $124,457. Kraken’s IPO, priced at $37 initially, …
• 14 August

  Bitcoin Set to ‘Godzilla’ Up or Plunge Amid ‘Alt Mania,’ Says Samson Mow

  

  Bitcoin (BTC) smashed through $124,000 on August 14, 2025, hitting a new all-time high of $124,457, driven by mounting expectations of a U.S. Federal Reserve interest rate cut in September. The CME FedWatch Tool shows a 93.7% probability of a 25-basis-point cut, spurred by July’s cooler-than-expected 2.7% CPI inflation data, boosting demand for risk assets like cryptocurrencies. The rally, which …
• 14 August

  Google’s Gemini AI Predicts XRP, Chainlink, Solana Prices for 2025

  

  Google’s Gemini AI has released bold price forecasts for XRP, Chainlink (LINK), and Solana (SOL) by the end of 2025, leveraging advanced algorithms to analyze market trends. These predictions, published on August 13, 2025, signal potential growth for these altcoins amid a bullish crypto market. XRP Price Outlook Gemini AI projects XRP to hit $5–$20 by December 2025, a potential …
• 14 August

  XRP, PUMP, Bitcoin Cash: Price Predictions and Market Outlook for August 2025

  

  The cryptocurrency market is buzzing with activity as XRP, PUMP, and Bitcoin Cash (BCH) show distinct trends on August 14, 2025. Here’s a concise outlook for these assets, backed by recent market insights. XRP Price Forecast XRP trades at $3.26, up 7% in 24 hours, following its July 18 peak of $3.65, per Cryptonews. A bullish flag breakout signals a …