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Galaxy Digital CEO Mike Novogratz has cautioned that Bitcoin reaching $1 million by 2026, while a dream for crypto enthusiasts, could signal severe economic turmoil. Speaking on the Coin Stories podcast, he warned, “A million-dollar Bitcoin means we’re in a really bad place domestically.” His comments follow Bitcoin’s surge to $124,128 on August 15, 2025, per Cointelegraph. Novogratz argues that …
Cryptocurrency News
August, 2025
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17 August
Crypto Relief? Fed Axes Banking Oversight Program Targeting Digital Assets
U.S. Federal Reserve terminated its Novel Activities Supervision Program, launched in 2023 to scrutinize banks involved in cryptocurrencies, stablecoins, and fintech partnerships. The program, criticized as part of “Operation Chokepoint 2.0,” allegedly restricted crypto firms’ access to banking services. The Fed now integrates these activities into its standard supervisory framework, signaling a shift toward normalized oversight. The decision rescinds the …
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17 August
Altcoin Season Incoming? Coinbase Predicts Major September Rotation
Coinbase Institutional predicts a full-scale altcoin season starting in September 2025, as Bitcoin’s market dominance drops from 65% in May to 59% in August, signaling capital rotation into altcoins. The altcoin market cap surged over 50% since July, reaching $1.4 trillion, driven by institutional interest in Ethereum (ETH) and favorable macro trends, according to Coinbase’s August 2025 Monthly Outlook. David …
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17 August
Ripple-Backed Epic Chain Unveils XRP-Powered RWA Tokenization Platform
Epic Chain, a Ripple-backed blockchain project, launched its XRP-powered real-world asset (RWA) tokenization platform on August 18, 2025, aiming to transform finance by bridging traditional assets with decentralized finance (DeFi). The platform leverages the XRP Ledger’s (XRPL) low-cost, high-speed transactions to tokenize assets like real estate, commodities, bonds, and collectibles, unlocking a projected $19 trillion market by 2033. The platform …
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17 August
Rich Dad Author Warns of Market Meltdown, Urges Investors to Buy Bitcoin
Renowned Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning of a massive stock market crash in 2025, potentially rivaling the 1929 Great Depression. In a post on X on August 11, 2025, he cautioned, “Stock market crash indicators warning of massive crash in stocks. Good news for gold, silver, and Bitcoin owners. Bad news for Baby …
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17 August
Ripple vs. SEC: Lawsuit Resolution Boosts XRP Price Outlook for 2025
The nearly five-year legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) concluded on August 7, 2025, with both parties dismissing their appeals, marking a significant victory for Ripple and its cryptocurrency, XRP. The resolution, confirmed by a joint filing in the U.S. Court of Appeals for the Second Circuit, solidifies a 2023 ruling by Judge …
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17 August
BTC Cycle Alert: Expert Says Bitcoin Could Be Close to Its Limit
Bitcoin (BTC), trading at approximately $117,323 as of August 17, 2025, may be approaching the peak of its current market cycle, warns a prominent crypto analyst. Despite its resilience amid global economic turbulence, signs suggest Bitcoin’s recent surge could face a ceiling, with a possible correction looming. Why the Concern? Historical Bitcoin cycles often see sharp corrections of 20–40% after …
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17 August
Bitcoin & Crypto Market on the Brink? Analyst’s August–September Forecast
As Bitcoin and the crypto market navigate a turbulent 2025, analysts warn that August and September could usher in significant volatility. Trading at approximately $117,323 as of August 15, 2025, Bitcoin faces a critical juncture, with global economic uncertainty, regulatory shifts, and market dynamics shaping its trajectory. Market Pressures Intensify Global economic challenges, including U.S. inflation data and potential Federal …
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16 August
Bitcoin Security Crisis Claims Proven Fake — Expert Sets Record Straight
Claims of a looming Bitcoin security budget crisis have been decisively debunked by industry experts, who label the narrative as fear, uncertainty, and doubt (FUD). On August 15, 2025, Pierre Rochard, VP of Research at Riot Platforms, dismissed concerns about a “budget shortfall” as block subsidies decline, calling them a misunderstanding of Bitcoin’s design, according to posts on X. Critics, …
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16 August
Trump-Backed Bitcoin Miner Invests $314M in Chinese Chips for 2025
American Bitcoin Corp., a cryptocurrency mining firm backed by Donald Trump’s family, has finalized a $314 million deal to acquire 16,290 Antminer U3S21EXPH ASIC units from Chinese manufacturer Bitmain, as reported by The Miner Mag on August 15, 2025. This purchase, one of the largest hardware deals in the crypto sector this year, aims to boost the company’s mining capacity …