Cryptocurrency News

August, 2025

• 23 August

  Bitcoin Surges to $117K, Bears Squeezed, All-Time Highs in Sight

  

  Bitcoin (BTC) has surged to $117,300, igniting a frenzy of bearish liquidations and fueling speculation of new all-time highs, according to Cointelegraph. The rally, sparked by Federal Reserve Chair Jerome Powell’s hint at a September rate cut during the Jackson Hole Symposium, liquidated $379.88 million in short positions, with $56.4 million tied to BTC alone, per CoinGlass data. This short …
• 23 August

  South Korea’s Banks in Talks with Tether, Circle Over Stablecoin Push

  

  South Korea’s major banks, including Shinhan, Hana, KB Financial, and Woori, are in high-level talks with stablecoin giants Tether (USDT) and Circle (USDC) to explore partnerships, signaling a bold move toward integrating digital currencies into traditional finance. According to Yonhap News, meetings held on August 22 focused on distributing dollar-pegged stablecoins and issuing Korean won-backed stablecoins, aligning with South Korea’s …
• 23 August

  Kraken Leads the Way: First Major Exchange to Embrace DVT for ETH Validators

  

  Kraken has become the first major cryptocurrency exchange to fully integrate Distributed Validator Technology (DVT) for its Ethereum validators, marking a pivotal advancement in staking security and decentralization. Announced on August 20, 2025, this move strengthens Ethereum’s ecosystem by enhancing validator resilience, a critical step for the world’s second-largest blockchain. DVT distributes validator duties across multiple independent nodes, reducing risks …
• 23 August

  Coinbase Tightens Rules: US Training & Citizenship to Block N. Korean Threats

  

  The cryptocurrency market is experiencing a seismic shift as whale activity signals a pivot from Bitcoin to Ethereum. On-chain data reveals significant Bitcoin outflows from large holder wallets, with some whales offloading thousands of BTC. For instance, a wallet holding 15,000 BTC sold $266 million worth and acquired 167,629 ETH across five wallets, valued at $706 million, per CryptoGucci’s analysis …
• 23 August

  Crypto Whales Shift Gears: Bitcoin Sell-Offs Surge as Ethereum Gains Traction

  

  The cryptocurrency market is experiencing a seismic shift as whale activity signals a pivot from Bitcoin to Ethereum. On-chain data reveals significant Bitcoin outflows from large holder wallets, with some whales offloading thousands of BTC. For instance, a wallet holding 15,000 BTC sold $266 million worth and acquired 167,629 ETH across five wallets, valued at $706 million, per CryptoGucci’s analysis …
• 22 August

  Bitcoin Bulls Go Big: $150K Target ‘This Year,’ According to X Predictions

  

  Bitcoin enthusiasts are electrified as analysts on X predict the cryptocurrency could hit $150,000 by the end of 2025, fueled by robust market trends and institutional momentum. On August 22, 2025, Bitcoin trades at $113,432, close to its all-time high of $123,218, with a 45% surge post-U.S. election, per CoinDCX. This rally aligns with the “Trump trade,” as President Trump’s …
• 22 August

  US Lawmakers Target Digital Dollar: CBDC Ban Added to Defense Bill

  

  The U.S. House of Representatives inserted a provision into the National Defense Authorization Act (NDAA) for Fiscal Year 2026 to ban the Federal Reserve from issuing a central bank digital currency (CBDC). The move, led by Rep. Tom Emmer (R-MN), mirrors the CBDC Anti-Surveillance State Act (H.R. 1919), which passed the House 219-210 in July 2025, prohibiting direct or indirect …
• 22 August

  Japan’s SBI Holdings Enters Crypto Stocks Market With Startale Partnership

  

  Japan’s financial powerhouse SBI Holdings has partnered with Singapore-based Startale Group to launch a blockchain-based tokenized stock trading platform by late 2026, reshaping equity markets. Announced on August 22, 2025, at the WebX crypto conference, the initiative leverages SBI’s 50-million-strong client base and Startale’s blockchain expertise to enable 24/7 trading, fractional ownership, and near-instant settlements, slashing costs and boosting accessibility …
• 22 August

  OKB Soars to All-Time High, Zcash and MORPHO Signal Breakout Potential

  

  OKB, the native token of OKX, surged to a record $255, driven by a 65-million-token burn that slashed its supply to 21 million, sparking a 150% weekly rally. Trading volume hit $1.14 billion, up 341%, with OKB’s Relative Strength Index (RSI) at 89, signaling strong but potentially overbought momentum. Analysts see a path to $311 if it breaks the R3 …
• 22 August

  High-Stakes Crypto Operation: Binance and India Take on ‘Ketamelon’

  

  In a groundbreaking operation, Binance, the world’s largest cryptocurrency exchange, partnered with India’s Narcotics Control Bureau (NCB) to dismantle the ‘Ketamelon’ darknet drug network, announced on August 19, 2025. This high-stakes collaboration led to the arrest of Edison Babu, a Kerala-based former engineer and alleged mastermind behind India’s most sophisticated darknet drug cartel, which shipped over 600 LSD packages across …