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August 2025 marked a stark contrast in the crypto market, with Ethereum (ETH) recording its highest transaction volume of the year at 46.9 million transfers, surpassing May 2021’s peak, per blockchain.news. Driven by robust DeFi activity and NFT marketplace rebounds, Ethereum’s network moved $14 billion weekly, fueled by stablecoin transactions like USDT and USDC. Gas fees remained manageable, reflecting efficiency …
Latest News
August, 2025
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31 August
Tether Faces Regulatory Heat and User Pushback, Signals Strategic Shift
Tether, the issuer of the world’s largest stablecoin USDT, is navigating turbulent waters as regulatory scrutiny and user backlash prompt a strategic retreat. On August 30, 2025, Tether announced it would halt USDT minting on five blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—citing operational efficiency amid global regulatory pressures. This follows the U.S. GENIUS Act and EU’s MiCA …
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30 August
Bitcoin Price Watch: Bears Take Control as Bulls Await Volume Breakout
Bitcoin (BTC) is facing bearish pressure as sellers dominate, with the price dipping to $96,000 on August 30, 2025, per CoinDesk. After hitting a high of $124,517 on August 14, BTC has dropped 7%, testing key support levels and raising concerns about a deeper correction. However, bulls are watching for a volume-driven breakout that could spark a rally, potentially pushing …
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30 August
Altcoin Alert: 3 Tokens the Pros Are Buying in Market Pullback
As Bitcoin pulls back from its $100,000 peak, professional investors are capitalizing on the dip to buy undervalued altcoins, according to CoinDesk’s August 29, 2025, analysis. Three tokens—Ethereum (ETH), Solana (SOL), and Chainlink (LINK)—stand out for their robust fundamentals and growth potential, drawing smart money amid market volatility. Ethereum (ETH) remains the backbone of decentralized finance (DeFi) and non-fungible tokens …
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30 August
Peter Thiel vs. Michael Saylor: Crypto Treasury Showdown – Bet or Bubble?
Tech titans Peter Thiel and Michael Saylor are fueling a heated debate over corporate crypto treasuries, with their contrasting strategies raising questions about whether these moves are bold bets or signs of a looming bubble, according to Cointelegraph on August 30, 2025. Thiel, PayPal co-founder, and Saylor, Strategy’s executive chairman, are reshaping corporate finance with significant cryptocurrency investments, but their …
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30 August
Bitcoin on the Edge: Analyst Predicts Support Break, $100K in Question
Bitcoin (BTC) is approaching a pivotal moment as it hovers near a key support level, with analysts warning of potential volatility, according to a recent CoinDesk report on August 30, 2025. Currently trading around $98,000, BTC faces a critical threshold that could determine whether it holds its $100,000 psychological milestone or faces a sharp correction. Investors are on edge as …
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30 August
Bitcoin Accounting Revision: Strategy Investors Pull Back Class Action Lawsuit
In a significant development, Strategy Inc. investors have withdrawn a class action lawsuit against the company over its Bitcoin accounting practices, as reported by Bloomberg on August 29, 2025. The lawsuit, filed in May 2025 by Pomerantz LLP in the U.S. District Court for the Eastern District of Virginia, alleged that Strategy, led by Michael Saylor, misled shareholders about the …
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30 August
Pump.fun’s $62.6M PUMP Token Buyback Aims to Stabilize Price Amid Legal Risks
Pump.fun, a Solana-based meme coin launchpad, has repurchased $62.6 million worth of its PUMP token, absorbing 16.5 billion tokens at $0.003785 each, per Dune Analytics, to curb sell pressure after a 46% price drop from its July 2025 peak of $0.0068. The buyback, funded by $775 million in platform fees, has driven a 12% monthly price rise to $0.003522, up …
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30 August
India’s Crypto Privacy at Crossroads: No Supreme Court Ruling on Wallet Surveillance
Contrary to recent speculation, India’s Supreme Court has not issued a 2025 ruling authorizing cryptocurrency wallet surveillance, leaving user privacy concerns unaddressed. The confusion stems from a US Supreme Court decision on June 30, 2025, in Harper v. Faulkender, which upheld IRS access to crypto exchange data without warrants, citing the third-party doctrine. This US ruling does not apply to …
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30 August
Eric Trump Predicts Bitcoin $1 Million Milestone – Here’s Why
Eric Trump, executive vice president of the Trump Organization, predicted Bitcoin could hit $1 million, citing its 21 million coin cap and surging institutional demand. Speaking at Bitcoin Asia 2025 in Hong Kong on August 29, he forecast $175,000 by year-end, a claim echoed at Bitcoin MENA 2024 in Abu Dhabi. With Bitcoin at $110,167 on August 29, per CoinMarketCap, …