Cryptocurrency News

August, 2025

• 27 August

  MoonPay Eyes Former CFTC Chair Caroline Pham for Key Role

  

  Rumors are swirling that Caroline Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), may join crypto payments platform MoonPay after a permanent chair is confirmed, according to an August 25, 2025, X post by Crypto In America’s Eleanor Terrett. Pham, a prominent advocate for responsible crypto innovation, announced in May 2025 her intent to return to the …
• 27 August

  US Moves Data On-Chain: Official Stats to Be Published on Blockchain

  

  In a pioneering move, the U.S. Commerce Department will publish official economic statistics, starting with GDP data, on a blockchain ledger, announced Commerce Secretary Howard Lutnick during a White House cabinet meeting on August 26, 2025. This initiative, aimed at enhancing transparency and trust, marks one of the largest adoptions of blockchain technology by a U.S. federal agency, aligning with …
• 27 August

  XRP at $2.93: ChatGPT Flags Consolidation Amid Gemini–Mastercard Buzz

  

  XRP is stabilizing around $2.93, reflecting a consolidation phase after a 2.48% daily gain, with technical indicators signaling a potential breakout or correction. The cryptocurrency’s price action, marked by a tight trading range of $2.8459–$2.9409, shows controlled volatility amid significant market developments, particularly the Gemini-Mastercard XRP credit card launch on August 25, 2025. This partnership has propelled Gemini past Coinbase …
• 27 August

  Bitcoin on Thin Ice: Support Weakens as $100K Crash Fears Loom

  

  Bitcoin’s price is teetering on the edge, with fears of a potential crash to $100,000 growing as key support levels weaken. The cryptocurrency, trading at $110,360 on August 27, 2025, has dipped below critical thresholds, raising alarm among traders. Analysts warn that a failure to hold the $108,695–$110,000 zone could trigger a sharp decline, potentially wiping out billions in market …
• 26 August

  Bitcoin Derivatives Market Hits $135.76 Billion – A New Milestone

  

  The Bitcoin derivatives market reached an unprecedented $135.76 billion in open interest on August 26, 2025, driven by surging institutional and retail demand for futures and options. This milestone, reported by Bitcoin News, reflects Bitcoin’s growing role as a mainstream financial asset, with prices stabilizing between $109,214 and $110,356. Derivatives, including futures, options, and perpetual swaps, allow traders to speculate …
• 26 August

  BYDFi Scores Big: Newcastle United Announces Strategic Partnership

  

  Newcastle United, a Premier League powerhouse, announced a multi-year partnership with cryptocurrency platform BYDFi on August 26, 2025, marking a bold step into digital finance. The collaboration aims to enhance fan experiences through blockchain-based initiatives and innovative digital engagements, aligning with the club’s global growth strategy. Peter Silverstone, Newcastle’s Chief Commercial Officer, hailed BYDFi as an “ambitious, forward-thinking brand” that …
• 26 August

  Binance & Tether Zero In on Korea: What’s Driving the Watch?

  

  South Korea’s vibrant crypto market, driven by retail enthusiasm and exchanges like Upbit and Bithumb, has drawn intense focus from Binance and Tether as the country tightens regulations under the Virtual Asset User Protection Act (VAUPA), effective July 2024, with further stablecoin rules expected by October 2025. South Korea, a global crypto trading hub where the Korean won ranks among …
• 26 August

  Monero Security Tested as Qubic Hits 58% Hashrate—and Passes

  

  Qubic mining pool briefly controlled 52.72% of Monero’s (XMR) hashrate, peaking at 3.01 GH/s, raising fears of a 51% attack that could enable blockchain reorganization, transaction censorship, or double-spending. Despite crossing the critical threshold, Monero’s privacy-focused network showed resilience, with no malicious activity detected, affirming its robust RandomX algorithm designed to resist mining centralization. Led by IOTA co-founder Sergey Ivancheglo, …
• 26 August

  Sling Money Lands in Mexico, Simplifying Remittances for Millions

  

  Sling Money, a cutting-edge cross-border payments platform, launched in Mexico on August 26, 2025, aiming to transform the $63 billion U.S.-Mexico remittance corridor, the world’s second-largest. This expansion enables millions of Mexican immigrants in the U.S. to send money home instantly and fee-free, addressing the high costs and delays of traditional services like Western Union. Leveraging the Solana blockchain and …
• 26 August

  Canary Capital Pushes Trump Memecoin ETF Into SEC’s Court”

  

  Canary Capital has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) on August 26, 2025, to launch a Trump Coin ETF, aiming to track the Solana-based TRUMP memecoin linked to U.S. President Donald Trump. This follows the firm’s Delaware registration on August 13, signaling a bold move to bring memecoins into mainstream finance. The ETF would …