Cryptocurrency News

August, 2025

• 21 August

  Crypto Billionaires Invest $21M in Bitcoin to Crown U.S. as Crypto Capital

  

  Crypto titans, led by Tyler and Cameron Winklevoss, have donated 188 BTC, valued at $21 million, to the Digital Freedom Fund PAC, aiming to position the United States as the global crypto hub. The initiative backs pro-crypto policies, including a Bitcoin Bill of Rights and resistance to central bank digital currencies (CBDCs), aligning with efforts to foster blockchain innovation in …
• 21 August

  Stablecoin Surge: Goldman Sachs Predicts Trillion-Dollar Financial Shift

  

  Goldman Sachs forecasts a stablecoin market boom, projecting its value could swell from $271 billion to trillions in the coming years, potentially revolutionizing global finance. Stablecoins, cryptocurrencies pegged to stable assets like the US dollar, are gaining traction for their reliability in trading, payments, and cross-border transactions, unlike volatile cryptocurrencies such as Bitcoin. The investment bank highlights stablecoins’ ability to …
• 20 August

  Core Foundation and Hex Trust Launch Bitcoin Staking in APAC and MENA

  

  Core Foundation and Hex Trust have partnered to introduce institutional-grade Bitcoin staking for clients in the Asia-Pacific (APAC) and Middle East and North Africa (MENA) regions, announced on August 20, 2025. This collaboration integrates Core’s Dual Staking technology with Hex Trust’s regulated custody platform, enabling banks, family offices, and asset managers to earn on-chain rewards by staking Bitcoin (BTC) and …
• 20 August

  Robinhood Files Lawsuit Against Nevada, New Jersey Regulators on Event Contracts Dispute

  

  Robinhood Markets Inc. has launched lawsuits against Nevada and New Jersey regulators, contesting restrictions on its event contracts trading platform. The fintech giant argues that these state actions are unlawful, stifling innovation in the rapidly growing prediction markets sector. Event contracts, which allow users to speculate on outcomes like elections, economic indicators, or sports, are at the heart of the …
• 20 August

  Bitcoin Plunges Below $112K as $1B ETF Outflows Fuel Market Jitters

  

  Bitcoin fell below $112,000 on August 20, 2025, driven by $1 billion in outflows from U.S. spot Bitcoin ETFs, one of the largest withdrawals since their January 2024 launch, per Farside Investors. The crypto market cap dropped to $3.9 trillion, with Bitcoin down 9% from its $124,457 peak on August 14, according to CoinMarketCap. This sell-off, reported by Business Standard, …
• 20 August

  Crypto VC Funding Plunges 59% in Q2 2025, Falls to $1.97B

  

  Venture capital (VC) funding for cryptocurrency startups cratered in Q2 2025, falling 59% quarter-over-quarter to $1.97 billion across 378 deals, down 15% in deal count, according to Galaxy Digital Research. This marks the weakest quarter since Q4 2020, a stark contrast to Q1’s $4.8 billion, inflated by a $2 billion Binance investment. Excluding that outlier, the drop is closer to …
• 20 August

  Cardano Price Nosedives 10% Overnight — Is More Pain Coming for ADA?

  

  Cardano’s ADA token crashed nearly 10% in 24 hours, trading at $0.869, outpacing losses in Bitcoin (-7.8%) and Ethereum (-3%), per CoinMarketCap. The sharp decline, reported by CryptoNews, has left investors wary of further downside as the crypto market faces broader turbulence. Several factors drove this sell-off. Profit-taking followed ADA’s recent surge to $1, with trading volume spiking to $2.67 …
• 20 August

  CFTC Slaps $228M Judgment on Pastor Behind Crypto Ponzi Scheme

  

  U.S. Commodity Futures Trading Commission (CFTC) won a $228.6 million judgment against Eddy Alexandre, a New York pastor who defrauded over 25,000 investors of $262 million through a crypto Ponzi scheme. Operating under EminiFX, Alexandre promised 5–9.99% weekly returns using a nonexistent “robo-assisted advisor” and AI trading technology, exploiting his position in Long Island’s Haitian church community. The U.S. District …
• 20 August

  Why Is Crypto Down Today? Key Factors Behind August 20 Sell-Off

  

  Cryptocurrency market experienced a sharp decline, with Bitcoin falling below $113,000 and Ethereum dropping to $4,210, dragging the global market cap down 1.5% to $3.9 trillion. Several factors fueled this sell-off, raising concerns among investors about the short-term outlook. First, Bitcoin’s retreat from its recent $124,000 peak reflects profit-taking after a strong rally. CryptoQuant analysts suggest this correction, typical of …
• 20 August

  From Tokens to Trades: AMTD Firms Debut Crypto-for-Stock Swap on Wall Street

  

  AMTD Group, encompassing NYSE-listed AMTD IDEA (AMTD), AMTD Digital (HKD), and The Generation Essentials Group (TGE), unveiled a groundbreaking crypto-for-stock conversion program, enabling investors to swap Bitcoin, Ethereum, Tether (USDT), BNB, and USD Coin (USDC) for newly issued shares. Announced via a press release, this initiative positions AMTD as a bridge between cryptocurrencies and traditional equities on the New York …