New York lawmakers have proposed a 0.2% transaction tax on digital asset sales and transfers, set to take effect September 1, 2025, igniting unease within the crypto community. The tax, intended to fund school substance abuse programs, has raised fears of reduced trading activity and market sell-offs, according to posts on X and industry analysis. High-frequency traders and institutional investors, …
Latest News
August, 2025
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16 August
Gemini Wallet Unveils Self-Custody and Web3 Features for 2025
Gemini, a leading cryptocurrency exchange, launched its innovative self-custody wallet on August 14, 2025, integrating passkey authentication and Web3 capabilities, as announced on X. This upgrade empowers users to securely manage digital assets like Bitcoin, Ethereum, and XRP without third-party custodians, addressing growing demands for autonomy and security in the crypto space. The wallet’s passkey system replaces traditional passwords with …
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16 August
Chainlink Whales Spark LINK Price Surge Speculation in 2025
Chainlink (LINK) is grabbing headlines as whale activity hits a seven-month peak, with 992 transactions over $100,000 recorded on August 14, 2025, per Santiment data. These large-scale moves, involving millions in LINK tokens, signal potential price volatility, captivating crypto investors and analysts. In the past 48 hours, nine wallets moved 362,380 LINK ($8.19 million) off Binance, suggesting accumulation rather than …
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16 August
Trump-Backed American Bitcoin Targets Asian Firms to Expand BTC Reserves
American Bitcoin, a U.S.-based cryptocurrency mining company backed by Donald Trump Jr. and Eric Trump, is pursuing acquisitions in Japan and Hong Kong to bolster its Bitcoin (BTC) reserves, according to a Financial Times report. This strategic move, announced on August 15, 2025, aims to transform acquired firms into regional Bitcoin treasury operations, mirroring MicroStrategy’s model, which holds 628,946 BTC …
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16 August
US Banking Groups Push for Stablecoin Regulation in 2025
Leading U.S. banking associations, including the American Bankers Association and the Bank Policy Institute, are pressing Congress to enact comprehensive stablecoin legislation in 2025. As stablecoins—cryptocurrencies tied to assets like the U.S. dollar—surge in popularity for payments, lending, and trading, concerns over financial stability, consumer protection, and regulatory gaps are mounting. Stablecoins, such as USDC and USDP, have seen transaction …
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16 August
Defrauded Investors to Recover $450M in Seized Crypto
In a landmark victory for crypto fraud victims, U.S. authorities have announced the return of approximately $450 million in seized cryptocurrencies to defrauded investors. This recovery, one of the largest in the crypto industry, follows extensive enforcement actions targeting fraudulent schemes, offering hope to thousands impacted by scams. The funds, including Bitcoin, Ethereum, and other digital assets, were confiscated from …
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16 August
$10M and Counting: Top Win International Accelerates Bitcoin Accumulation
Top Win International, Taiwan’s first publicly traded Bitcoin treasury company, has raised $10 million to accelerate its Bitcoin accumulation, marking a historic shift in corporate finance. Announced on August 15, 2025, the Hong Kong-based luxury watch retailer, now rebranded as AsiaStrategy, secured the funds through a strategic round led by WiseLink Co., Ltd., with contributions from Chad Koehn of United …
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15 August
Whale Buys Nearly $800M in BTC – Market Wonders: More Upside Ahead?
An anonymous Bitcoin whale acquired 6,600 BTC, worth $792 million, in a series of transactions during a market dip, per Whale Alert and @cryptonews on X. This boosted the whale’s holdings to one of the largest non-exchange wallets, fueling speculation of a continued bull run. Bitcoin’s price surged 1.5% to $120,300, with #BitcoinWhale trending on X, reflecting bullish sentiment. The …
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15 August
DeFi Education Fund Unveils New Foundation for Expanded Advocacy
DeFi Education Fund (DEF) launched the DeFi Education Foundation, a 501(c)(3) nonprofit to advance decentralized finance (DeFi) education and policy reform, per a press release. The foundation aims to educate lawmakers, protect blockchain developers, and promote innovation-friendly regulations, while offering tax-deductible crypto and fiat donations for supporters. The move strengthens DEF’s mission amid rising U.S. regulatory scrutiny, including the SEC’s …
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15 August
Coinbase Signals Altcoin Season Kickoff, Ethereum Leading the Charge
Coinbase’s market insights report signaled the start of an altcoin season, with Ethereum (ETH) leading the charge at $4,640, up 2.1% daily, per CoinMarketCap. The report cites surging trading volumes, altcoin market dominance reaching 39.7%—a seven-month high—and renewed interest in DeFi and Layer-2 solutions as key drivers. Ethereum’s dominance stems from robust on-chain activity: daily active addresses hit 1.3 million, …
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