Crypto groups reject bank lobby’s rewrite of GENIUS stablecoin act
Crypto trade bodies, including the Crypto Council for Innovation and the Blockchain Association, urged Congress to oppose banking industry amendments to the GENIUS Act’s stablecoin provisions. They warned such changes would undermine consumer protections, weaken reserve standards, and stifle innovation in digital payments.
BNB treasury firm plunges 77% after Nasdaq delisting notice
Windtree Therapeutics, a biotech firm with a newly adopted BNB treasury strategy, saw its shares collapse 77% to $0.11 after Nasdaq informed it of delisting over minimum bid price non-compliance. Trading will be suspended Thursday, though the company said it will continue regulatory disclosures and maintain its BNB strategy.
Fed governor tells bankers DeFi is nothing to be afraid of
Federal Reserve Governor Christopher Waller said decentralized finance and stablecoins pose no threat and will drive innovation in the US payments system. He compared crypto transactions using smart contracts to debit card purchases and highlighted recent regulatory shifts supporting stablecoin integration. Waller noted the GENIUS Act as a key step for stablecoin adoption.
Whale accumulation drives Dogecoin’s V-shaped recovery from $0.21 lows
Dogecoin rebounded sharply after testing support at $0.21, closing at $0.22 following a surge in trading volume and aggressive whale buying. On-chain data shows investors accumulated over 680 million DOGE in August, offsetting retail outflows and countering security concerns. Traders are watching whether $0.22 becomes a new support level.
EminiFX Founder Ordered to Repay $228M in Ponzi Scheme Ruling
A U.S. court ordered Eddy Alexandre, founder of trading platform EminiFX, to return $228 million after ruling that the scheme operated as a Ponzi fraud. The judgment covers principal plus interest and reflects penalties for misleading thousands of investors. The decision follows government claims of false performance guarantees.
Crypto Groups Oppose Bankers’ Push to Amend GENIUS Act
Major industry bodies, the Crypto Council for Innovation and the Blockchain Association, urged the Senate Banking Committee to reject calls from the American Bankers Association to tighten yield-breach provisions in the new U.S. stablecoin law. They warned that closing the current loophole could fragment interstate commerce and hinder innovation.
Bitcoin and Ether ETFs Record Nearly $1B in Outflows
Investors withdrew $523 million from spot Bitcoin ETFs and $422 million from Ether funds on Tuesday, marking the second-largest outflows for both asset classes this month. Three consecutive days of redemptions have drained $1.3 billion, driven by an 8.3% slide in BTC and a 10.8% decline in ETH over the past week.
UK Sanctions Russian-Linked Crypto Networks and Kyrgyz Firms
Britain imposed sanctions on entities it accused of using crypto infrastructure to help Russia evade existing Western measures. The targets include Kyrgyzstan-based networks behind a rouble-pegged stablecoin and firms linked to a Kyrgyz bank used for military procurement. The move follows similar U.S. actions and high-level diplomatic talks on Ukraine.
China Weighs Yuan-Backed Stablecoins to Boost Global Usage
China’s State Council is reviewing a roadmap for allowing yuan-pegged stablecoins to foster internationalisation of its currency. The plan includes risk management guidelines and targets for offshore roll-out, with Hong Kong and Shanghai set to pilot local implementation ahead of wider global deployment.
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Memes — 2025-08-21
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-21. 🚀
Crypto Digest — 21 August 2025
📢 Read the daily digest for 2025-08-21: 📰 top news, 📊 analytics and 🌍 events of the day in one place. Stay up to date with what s important!
🔎 Coin Research — Plume (PLUME) — 21 August 2025
New weekly coin research for Plume (PLUME). — Score: 8.00/10 TL;DR: Plume is a modular EVM-compatible Layer-1 blockchain purpose-built for real-world asset finance, enabling tokenization and seamless DeFi integration of RWAs.
Xapo Bank Forecasts over $200B Bitcoin Inflow in Wealth Transfer
Xapo Bank’s report projects $160–$225 billion of inheritance-driven Bitcoin inflows over the next two decades. An estimated $10.6 trillion in U.S. assets will transfer to digital-native heirs by 2030, creating sustained daily buying pressure of $20–$28 million.
Chainlink's LINK Token Surges 8% on Bullish Volume
Chainlink's native token LINK rallied 8.3% to over $26 amid high trading volume, outperforming major cryptocurrencies. Surge supported by the Chainlink Reserve’s buyback program, which has accumulated over $2.8 million in tokens in two weeks.
Fed Governor Waller Affirms Crypto Safety and Innovation
Federal Reserve Governor Chris Waller addressed the SALT conference in Jackson Hole, stating that smart contracts, tokenization and distributed ledgers pose no inherent threat. Remarks highlighted exploration of central bank digital currency use cases and stablecoins as payment infrastructure.
Crypto Industry Petitions Trump for CFTC Nomination
A coalition of leading crypto associations, including the Crypto Council for Innovation and the Blockchain Association, petitioned President Trump to accelerate Brian Quintenz’s confirmation as CFTC chair. The move addresses regulatory uncertainty and counters prior White House delays.
Crypto Sector Launches Beacon Network to Combat Money Laundering
An industry coalition led by TRM Labs has launched the Beacon Network, a real-time intelligence sharing system integrating law enforcement and major exchanges. Beacon aims to preempt illicit transactions by issuing automated alerts. The network supports enhanced AML controls.
Liquidity Drain From US Treasury Weighs on Bitcoin and Equity Markets
Analysts attribute the recent decline in bitcoin and major equity indices to a $400 billion liquidity drain driven by planned Treasury General Account refill, rather than central bank policy signals from Jackson Hole. Treasury operations are expected to reduce system liquidity, hampering risk asset performance.
Trump Family Invests in Dogecoin Mining Through Thumzup Acquisition
Thumzup Media Corp., backed by Donald Trump Jr., agreed to acquire Dogehash Technologies in an all-stock transaction valued at $153.8 million, to be listed as Dogehash Technologies Holdings on Nasdaq under ticker XDOG. The move expands renewable-powered Dogecoin and Litecoin mining operations and integrates layer-two staking strategies.
OKX Appoints Marcus Hughes as Global Head of Government Relations
Cryptocurrency exchange OKX appointed Marcus Hughes, former global head of regulatory strategy at Kraken and international general counsel at Coinbase, as vice president and global head of government relations on August 20. Hughes brings over two decades of experience managing regulated businesses and will engage with policymakers worldwide.
Crypto Industry Pushes Back Against Effort to Amend US Stablecoin Law
Major crypto industry groups opposed proposals by banking associations to remove core provisions of the GENIUS Act, arguing that rewrites would favor legacy institutions and stifle competition. A letter sent to Senate Banking Committee leaders on August 19 urged rejection of changes targeting Section 16(d) and yield programs.
UK Bitcoin ETNs Return to London After FCA Lifts Ban
Financial Conduct Authority lifted a four-year retail ban on bitcoin exchange traded notes, enabling UK access to ETNs on approved exchanges from October 8. Market analysts predict substantial inflows and onshore demand growth comparable to US ETF launches.
Wyoming Launches Visa-Supported FRNT Stablecoin on Seven Blockchains
The Wyoming Stable Token Commission announced the mainnet launch of the Frontier Stable Token (FRNT), a fully collateralized state-issued stablecoin backed 102% by US Treasury bills and USD. FRNT is live on seven chains—Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base—and will be available anywhere Visa is accepted. Public availability is pending final regulatory approvals.
Ark Invest Increases Positions in Bullish and Robinhood Shares
Cathie Wood’s Ark Invest boosted its holdings in Bullish by $21.2 million and in Robinhood by $16.2 million on August 19, reflecting an ongoing strategy to allocate capital toward crypto exchange and related trading platforms. The purchases extend a multi-day buying spree across multiple Ark ETFs, signaling persistent confidence in crypto-adjacent equities. Ark’s latest disclosures underscore institutional demand for digital asset infrastructure names.
Bitcoin and Stocks Hit by $400B Treasury Liquidity Drain
Analysts attribute the recent decline in Bitcoin, Ether and equity markets to fears of a $400 billion liquidity drain from the U.S. Treasury General Account rather than central bank policy events. The Treasury’s planned account refill is expected to withdraw significant cash from financial markets, intensifying funding pressures. This dynamic may exert downward force on risk assets until issuance and demand rebalance.
US Fed Official Urges Allowing Staff to Hold Crypto
Federal Reserve Vice Chair for Supervision Michelle Bowman proposed easing investment restrictions that currently bar central bank employees from holding small crypto positions. Bowman argued that hands-on experience with digital assets would enhance regulatory insight, recruitment and retention of skilled examiners. The remarks reflect a more supportive policy stance toward crypto under current administration leadership.
Bitcoin Structure Appears Weak Even as Industry Strengthens
Glassnode data indicates fragile market positioning following Bitcoin’s recent pullback from record highs, even as inflows into spot ETFs and institutional initiatives signal deeper structural progress. Divergent views from market observers highlight a short-term disconnect between price action and long-term industry maturation. Markets await key economic signals from the Federal Reserve to gauge the next directional move of major cryptocurrencies.
Early Bitcoin web domains from 2010 head to auction
A collection of over 280 Bitcoin-related .com domains, many registered shortly after Bitcoin’s 2009 launch, is up for auction as a single portfolio. Names span key sectors like payments, exchanges and infrastructure, reflecting early digital currency branding.
All roads lead to inflation: Fed cut or not, Bitcoin may stand to gain
Whether the Fed cuts rates under political pressure or holds steady, inflationary forces are set to rise through trade policy and fiscal stimulus. Bitcoin is positioned to benefit as either a rapid hedge during rate cuts or a long-term store of value amid dollar erosion.
Bitcoin falls closer to $110K support: will a bounce supercharge ETH, BNB, LINK, MNT?
Bitcoin approached the $110,530 support zone amid profit-taking, risking further declines to $107,000–$105,000. A rebound could revive altcoins, with Ether eyeing resistance at $4,576 and BNB targeting $900, while Chainlink and Mantle also show key levels.
Ethereum whale opens $16.3M long as ETH price eyes bounce
A single whale initiated a $16.35 million 25× leveraged long on Ether at $4,229.83, betting on a recovery toward $4,336 and beyond. Short liquidation clusters at $4,300–$4,360 support this strategy, with potential gains exceeding $450,000 if ETH reclaims these levels.
Crypto market sell-off accelerates but SOL data predicts recovery to $200
Solana’s native token fell over 15% from recent highs as broader crypto markets weakened amid risk aversion. Institutional engagement in SOL futures and ETPs remains robust, supported by rising on-chain fees and TVL growth, pointing to a potential near-term rebound to $200.
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Memes — 2025-08-20
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-20. 🚀
Crypto Digest — 20 August 2025
📢 Read the daily digest for 2025-08-20: 📰 top news, 📊 analytics and 🌍 events of the day in one place. Stay up to date with what s important!
🔎 Coin Research — DecentralGPT (DGC) — 20 August 2025
New weekly coin research for DecentralGPT (DGC). — Score: 7.00/10 TL;DR: DecentralGPT is the first decentralized large language model inference network leveraging distributed GPU nodes as DePIN infrastructure to deliver secure, low-c
PLUME Token Rallies 2.6% After Binance Resolves Airdrop Distribution Issue
Binance fixed a technical error that hindered eligible users from receiving the PLUME HODLer airdrop, enabling distribution of 150 million tokens to BNB holders. Following resolution, PLUME’s price rebounded 2.6% to $0.1006, underlining exchange commitment to smooth token launches.
Japanese Startup JPYC to Launch First Yen-Pegged Stablecoin After Licensing
JPYC, a Tokyo‐based fintech, will issue Japan’s first yen‐pegged stablecoin following a new license. Backed by domestic savings and government bonds, the token aims to serve institutional clients initially and expand overseas to enable digital yen payments globally.
Tether Appoints Former White House Crypto Adviser Bo Hines as U.S. Strategic Adviser
Stablecoin issuer Tether has named ex‐White House crypto policy official Bo Hines as a strategic adviser to support U.S. market expansion. Hines will engage with policymakers on digital asset regulation and leverage legislative expertise from his tenure directing the Presidential Council of Advisers for Digital Assets.
India’s Tax Board Seeks Feedback on Crypto Oversight, TDS and Loss Offset Rules
India’s Central Board of Direct Taxes has invited stakeholders to comment on new virtual digital asset legislation, regulatory oversight mechanisms and the impact of the 1% TDS rate and disallowed loss offset provisions on trading volumes. The consultation aims to inform comprehensive VDA regulation later in the year, addressing taxation, compliance and market migration concerns.
Finance Bodies Urge Basel Committee to Rethink Crypto Rules for Banks
A coalition of major finance industry groups has called on the Basel Committee to pause and revise new standards set in 2022 that they argue are too conservative for modern crypto markets. The letter claims the rules could make bank participation in crypto uneconomical and requests updated data and adjustments before implementation scheduled for January 2026.
Traders turn bearish on BTC and ETH amid retail weakness
Bitcoin and Ether declined 1.1% and 3.8% respectively as retail sentiment shifted to bearish ahead of the Jackson Hole symposium. Profit-taking by individual investors follows recent price highs above $124,000 for BTC and $4,300 for ETH, with derivative markets showing elevated put options and institutions maintaining cautious accumulation.
Japan startup to issue first yen-pegged stablecoin
JPYC received a license to issue Japan’s first yen-pegged stablecoin, backed by domestic savings and Japanese government bonds. The token will be fully convertible to yen, charge zero transaction fees, and initially target institutional investors, hedge funds, and family offices in Japan, with plans for global digital yen usage.
Blockchain lender Figure Technology reveals revenue surge in US IPO filing
Figure Technology Solutions reported a 22% revenue increase to $191 million and a net profit of $29 million in H1 2025 in its S-1 filing for a Nasdaq IPO. The filing highlights investor enthusiasm for crypto-linked listings amid regulatory tailwinds from the GENIUS Act and recent successful debuts by Circle and Gemini. Goldman Sachs, Jefferies and BofA are lead underwriters.
Crypto Memes — 2025-08-19
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-19. 🚀
BTCS to pay out loyalty in ETH to deter ‘predatory short-sellers’
BTCS Inc. will issue a one-time Ether dividend of $0.05 per share and a loyalty payment of $0.35 per share in ETH. The “Bividend” aims to reward long-term shareholders and limit short-selling of company stock.
Illinois governor blasts Trump’s ‘crypto bros’ in new bill signing
Illinois Governor JB Pritzker signed two bills establishing crypto consumer protections, including exchange oversight and ATM fee caps at 18%. The legislation grants regulatory authority to the state Department of Financial and Professional Regulation.
Google increases TeraWulf stake to 14%, becomes biggest shareholder
Google has boosted its stake in Bitcoin miner TeraWulf to 14% through expanded backstop commitments in a lease deal with AI infrastructure provider Fluidstack. The equity reflects 73 million warrants tied to a $3.2 billion backstop arrangement.
Bitcoin bull and billionaire files for $250M SPAC targeting DeFi, AI
Early Bitcoin investor Chamath Palihapitiya has filed to raise $250 million via SPAC American Exceptionalism Acquisition Corp A. The vehicle will target decentralized finance, AI, energy and defense sectors. SEC registration was submitted Monday.
Bitcoin enters mild danger zone signalling profit-taking risk
Market Value to Realized Value (MVRV) ratio for Bitcoin has risen to +21%, suggesting most holders are in profit. Historical data links this level to increased profit-taking and sideways price action. Near-term upside appears limited.
US Treasury weighs digital ID verification in DeFi to tackle illicit finance
The US Treasury is exploring integration of digital identity checks into DeFi smart contracts under the GENIUS Act consultation. Proposals include government-issued credentials, biometrics, and portable IDs embedded in on-chain protocols to enhance KYC/AML safeguards.