Tech

August, 2025

• 8 August

  XRP Gains Traction in Japan, South Korea Amid U.S. Regulatory Uncertainty

  

  XRP is thriving in Japan and South Korea, emerging as a top cryptocurrency despite regulatory challenges in the U.S. as of August 8, 2025. The favorable regulatory environments and active crypto communities in these Asian markets are driving XRP’s adoption, showcasing its potential as a global payment solution. In Japan, Ripple’s partnership with SBI Holdings, established through SBI Ripple Asia …
• 8 August

  Binance Partners with Mastercard for Instant Euro Crypto Cash-Outs in Europe

  

  Binance, the world’s leading cryptocurrency exchange, has teamed up with Mastercard to launch real-time Euro cash-out services for users in Europe, marking a significant step toward seamless crypto-to-fiat transactions. Announced on August 7, 2025, this partnership allows Binance users in the European Economic Area (EEA) and the UK to convert their crypto assets or withdraw existing Euro balances directly to …
• 8 August

  Winklevoss Twins Invest in Trump-Linked Bitcoin Mining Venture

  

  Crypto pioneers Cameron and Tyler Winklevoss, co-founders of Gemini, have invested in American Bitcoin Corp., a Bitcoin mining venture tied to Donald Trump Jr. and Eric Trump, according to Bloomberg. The collaboration merges crypto expertise with political influence, aiming to bolster U.S.-based Bitcoin mining. American Bitcoin Corp., formed through a merger of Hut 8 Corp.’s mining assets and a Trump-linked …
• 8 August

  Bitcoin Targets $123K as Bullish Flag and Policy Shifts Fuel Optimism

  

  Bitcoin (BTC) is poised for a potential breakout to $123,000, driven by a bullish flag pattern and favorable monetary policy shifts, analysts report. As of August 8, 2025, BTC trades at $116,800, consolidating after a 36% surge since November 2024, with technical indicators signaling further upside. The bullish flag, a continuation pattern, has formed on daily charts, with Bitcoin holding …
• 8 August

  Binance Partners with BBVA for Secure Off-Exchange Crypto Custody

  

  Binance, the world’s largest cryptocurrency exchange, has teamed up with Spanish banking giant BBVA to offer off-exchange asset custody, a move aimed at bolstering investor confidence, according to a Financial Times report on August 8, 2025. This partnership allows institutional clients to store digital assets securely with BBVA while trading on Binance’s platform, addressing counterparty risks heightened by the 2022 …
• 8 August

  Perplexity AI Predicts 2025 Prices for XRP, Solana, Cardano

  

  Perplexity AI, a leading AI research platform, has unveiled its 2025 price forecasts for XRP, Solana (SOL), and Cardano (ADA), tapping into crypto market trends as investors eye the next bull cycle. The predictions, based on historical data, on-chain metrics, and macroeconomic factors, highlight growth potential for these cryptocurrencies. XRP is projected to reach $1.50–$2.00 by year-end 2025, driven by …
• 8 August

  CleanSpark Shines Bright: Bitcoin Miner Smashes Records, Beats Wall Street Forecasts

  

  CleanSpark Inc. (NASDAQ: CLSK), a leading U.S. Bitcoin mining company, reported a stellar third quarter for 2025, surpassing Wall Street expectations with record revenue of $198.6 million, a 91% jump from $104 million last year. The Las Vegas-based miner also achieved a net income of $257.4 million, reversing a $236.2 million loss from the prior year, with earnings per share …
• 8 August

  XRP Jumps 13% as Ripple-SEC Legal Battle Ends

  

  XRP, the cryptocurrency tied to Ripple Labs, soared 13% in 24 hours, climbing from $0.58 to $0.66, after Ripple and the U.S. Securities and Exchange Commission (SEC) mutually dropped their appeals, ending a four-year legal saga. The resolution, announced on August 7, 2025, marks a turning point for Ripple and the broader crypto industry. The SEC sued Ripple in December …
• 8 August

  Ukraine Embraces Crypto but Restricts Retail Use

  Ukraine’s National Bank (NBU) is paving the way for cryptocurrency legalization, but don’t expect to pay for groceries with Bitcoin anytime soon. Governor Andriy Pyshnyy recently clarified that while crypto will gain legal status under a forthcoming regulatory framework, it won’t replace the hryvnia as legal tender. This move aligns Ukraine with EU standards, aiming to boost innovation while ensuring …
• 7 August

  JPMorgan Appoints Kara Kennedy as Kinexys Co-Head to Drive Blockchain Innovation

  

  JPMorgan Chase has named Kara Kennedy as the new Global Co-Head of its blockchain division, Kinexys, alongside Naveen Mallela, signaling a bold push into tokenized finance and digital payments. Announced on August 6, 2025, Kennedy, based in Edinburgh, brings extensive experience from leading digital asset product strategy for JPMorgan’s securities services. She will oversee Kinexys Digital Assets for asset tokenization …