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Bitcoin (BTC) faced downward pressure on August 17, 2025, sliding to $115,900, a 1.35% drop, as large investors, or “whales,” cashed out profits following a peak of $124,000 earlier in the week. Data from CryptoQuant shows a surge in the Exchange Whale Ratio, indicating significant sell-offs, with $350 million in market liquidations, including $236 million from bullish long traders. Despite …

The cryptocurrency market is abuzz as altcoin liquidations have surpassed Bitcoin’s on major exchanges like Binance in 2025, signaling a surge in speculative trading and renewed talk of an impending altseason. Data from CryptoQuant shows that since January 2025, altcoin liquidations, both long and short, have spiked, overtaking Bitcoin’s by July, with the trend intensifying in August. This shift, driven …

Thailand is set to revolutionize its tourism sector with the launch of the “TouristDigiPay” crypto payment sandbox on August 18, 2025, allowing foreign tourists to convert cryptocurrencies like Bitcoin and Ethereum into Thai baht for seamless electronic payments. Announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, this initiative aims to counter a 6% drop in tourist arrivals in …

Jack Dorsey, Twitter co-founder and CEO of Block, has reignited the conversation around Bitcoin’s original purpose, emphasizing its role as a decentralized, peer-to-peer currency for financial empowerment. Speaking at a virtual crypto summit on August 17, 2025, Dorsey urged the Bitcoin community to refocus on its founding principles amid rising institutional investment and speculative trading. Dorsey stressed that Bitcoin, launched …

Tokyo-based investment firm Metaplanet has solidified its position as a leading corporate Bitcoin holder, boosting its total holdings to 18,888 BTC, valued at approximately $2.18 billion, after acquiring 775 BTC on August 18, 2025. This strategic purchase, announced by CEO Simon Gerovich, underscores Metaplanet’s commitment to integrating Bitcoin as a core treasury asset to hedge against fiat currency risks and …