The U.S. Securities and Exchange Commission (SEC) issued a landmark staff statement clarifying that certain liquid staking activities do not constitute securities offerings, a move hailed by SEC Chairman Paul Atkins as a “significant step forward” in crypto regulation. Liquid staking, where users stake assets like Ethereum or Solana and receive tradable receipt tokens for DeFi applications, now faces reduced …
Cryptocurrency News
August, 2025
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6 August
Lancashire Police Transform Seized Bitcoin into £500K Crime-Fighting Fund
Lancashire Police have turned seized Bitcoin into a £500,000 boost for crime prevention, marking a UK first under the Proceeds of Crime Act. In a 2017 fraud case, thieves converted stolen funds into Bitcoin, which surged in value to £1 million by the time wallets were frozen. After fully compensating the victim, UK law, which prohibits overpayment, left a £1 …
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6 August
Trump 2028? Former President Sparks Speculation on Another Run
Former President Donald Trump has ignited political buzz by suggesting he might run for president again in 2028, despite constitutional limits. In a May 2025 NBC “Meet the Press” interview, Trump, now 78, claimed there are “methods” to seek a third term, though he later clarified he’s “not looking to do” it, focusing instead on his current term ending in …
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6 August
Solana’s Seeker Phone Ships Globally, Fueling $1,000 SOL Price Hopes
Solana’s ecosystem is buzzing as its second-generation Web3 smartphone, the Seeker, begins shipping to over 50 countries, with 150,000 pre-orders signaling strong demand. Priced at $450-$500, the Seeker, launched August 4, 2025, integrates a Solflare wallet, Seed Vault, and access to 2,500+ decentralized apps (dApps), aiming to mainstream blockchain use. This milestone has sparked optimism for Solana (SOL), with some …
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6 August
Galaxy Digital Eyes Tokenized GLXY After $9B Bitcoin Trade Triumph
Galaxy Digital, a leading crypto financial firm, is exploring tokenizing its Nasdaq-listed GLXY shares, following a landmark sale of 80,000 BTC worth over $9 billion for a Satoshi-era investor. Announced on July 25, 2025, the transaction underscores Galaxy’s robust trading infrastructure, handling one of the largest Bitcoin deals ever, driven by an early investor’s estate planning strategy. Despite a 43% …
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6 August
Bitcoin as a National Reserve? Indonesia Explores Crypto Future
Indonesia is considering a groundbreaking shift in its financial strategy by exploring Bitcoin as a national reserve asset, according to recent discussions between the Vice President’s office and Bitcoin Indonesia, Asia’s largest Bitcoin community. This move could position the world’s fourth-most populous nation among global pioneers like El Salvador, which adopted Bitcoin as legal tender in 2021. The talks, held …
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5 August
Bitcoin Rebounds to $115K, Eyes $118K Amid Crypto Volatility
Bitcoin (BTC) has staged a robust 3.7% rebound from a critical $113,000 support level, trading at $115,284 as investors eye a $118,000 target. This recovery, driven by institutional buying and technical strength, underscores BTC’s resilience amid a volatile crypto market shaken by global economic shifts. The bounce follows a dip to $113,000, with $112,000-$114,000 acting as a key support zone, …
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5 August
BONK Rebounds from Key Support, Signals Potential Rally
Solana-based meme coin BONK has sparked excitement with a 3.2% price rebound to $0.00002629, finding strong support at $0.000020 after a 28.5% weekly drop. This bounce, backed by increased trading volume and whale accumulation, has analysts predicting a potential rally toward $0.000025 or higher, as bullish sentiment grows. Technical indicators are turning positive. The Relative Strength Index (RSI) at 61.84 …
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5 August
VERB Stock Soars 193% on $558M TON Investment Plan
Verb Technology Company, Inc. (Nasdaq: VERB) saw its stock surge 193% to $27.40 on August 4, following the announcement of a $558 million private placement to acquire Toncoin ($TON), positioning VERB as the first publicly listed TON treasury strategy company. The move, led by Kingsway Capital, aims to secure 5% of TON’s circulating supply, making VERB one of the largest …
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5 August
ENA Token Surges 17% as USDe Supply Soars 75%
Ethena’s native token, ENA, has surged 17% to $0.6078, fueled by a 75% increase in USDe supply, now exceeding $9.28 billion, signaling robust growth in the Ethena ecosystem. This rally, driven by heightened on-chain activity and whale accumulation, positions ENA as a top performer in the DeFi space, with analysts eyeing a potential breakout above $0.68. The USDe stablecoin, Ethena’s …
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