Hong Kong’s IVD Medical Adds $19M Ether to Its Treasury
IVD Medical Holdings purchased $19 million of ether to power its ivd.xyz tokenization platform, covering ownership confirmation, automated revenue distribution and governance. The firm will deploy ETH into staking and on-chain derivatives.
CoinDesk 20 Index Update: Stellar Surges 12.3%, Index Higher
Stellar (XLM) led gains in the CoinDesk 20 with a 12.3% increase while XRP added 8%. Nineteen of twenty index constituents traded higher, pushing the index up 2.8% to 4044.63 since Thursday afternoon.
SEC Green Light on Liquid Staking Sends ETH Past $4K, Spurs Broad Staking and Layer-2 Rally
SEC clarification on liquid staking boosted Ethereum above $4,000 and drove double-digit weekly gains in layer-2 tokens such as OP, Blast and MNT. Regulatory clarity may attract institutional capital into DeFi yield products.
Ether Soars Above $4K for First Time Since December
Ether climbed above $4,000 for the first time since December, reflecting a 3.5% gain over 24 hours and year-to-date growth exceeding 25%. Bitcoin price remained flat, pushing the ETH/BTC ratio to near its highest level of the year.
XRP surges over 13% after Ripple and SEC drop final appeals in landmark case
XRP climbed more than 13% following news that Ripple Labs and the U.S. Securities and Exchange Commission have withdrawn their remaining appeals in a four-year legal battle. Traders cited renewed confidence in XRP’s regulatory status and potential relisting on major exchanges.
Animoca, Standard Chartered and HKT form Anchorpoint for Hong Kong stablecoin licence
Standard Chartered’s Hong Kong branch, blockchain gaming developer Animoca Brands, and telecom firm HKT have launched joint venture Anchorpoint to apply for a Hong Kong Monetary Authority licence to issue fiat-pegged stablecoins under the new regulatory framework effective August 1.
FTC reports imposter crypto scam losses among seniors surge 362% since 2020
The U.S. Federal Trade Commission warns that losses from imposter cryptocurrency schemes targeting seniors have surged 362% since 2020, with reported damages exceeding $150 million in the last year. The spike underscores growing risks for vulnerable investors amid market hype.
Capriole founder says Bitcoin undervalued vs energy value metric
Charles Edwards of Capriole Investments asserts that Bitcoin’s market price at $116,000 trades at a significant discount to its proprietary Energy Value metric, which suggests fair value up to $167,800. The model ties valuation to mining cost, energy input, and supply growth.
China orders brokers to halt stablecoin promotion amid risk concerns
Chinese financial regulators have instructed major brokerages and research institutions to suspend seminars and publications promoting stablecoins, citing fraud and market stability risks. The guidance follows internal briefs issued in late July and early August.
Crypto Memes — 2025-08-08
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-08. 🚀
XRP Surges 12% as Traders Bet on Big Price Swings with 'Straddle' Strategy
XRP rallied 12% to $3.37 as traders used straddle options strategies to profit from expected volatility. Open interest in XRP options rose sharply, reflecting confidence in large intraday price movements amid regulatory clarity.
XRP Bull Flag Points to $8 as Ripple-SEC Case Reaches End
XRP climbed 11% with trading volume reaching 300 million, driven by institutional buying and a legal resolution ending the SEC’s appeal against Ripple. Bull-flag chart patterns suggest a breakout target near $8 amid renewed market interest.
DOGE Surges 8% as Whale Buying Signals Bullish Breakout
Dogecoin rallied 8.4% to $0.22 in a two-wave breakout, driven by whale accumulation surpassing 1 billion tokens in 48 hours. Trading volume exceeded 1 billion, establishing resistance at $0.222–$0.224 and support at $0.220.
Crypto Digest — 08 August 2025
📢 Read the daily digest for 2025-08-08: 📰 top news, 📊 analytics and 🌍 events of the day in one place. Stay up to date with what s important!
Binance teams up with BBVA to let customers keep assets off exchange, FT reports
Binance has partnered with Spanish bank BBVA to enable clients to hold crypto assets in accounts outside the exchange, according to the Financial Times. The arrangement aims to offer users custodial flexibility and reduce on-platform custody risk by leveraging BBVA’s banking infrastructure.
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
Standard Chartered has created a joint venture, Anchorpoint Financial, with Animoca Brands and HKT to seek a licence from the HKMA to issue fiat-pegged stablecoins following the enactment of Hong Kong’s stablecoin law. The move comes days after the new regulatory framework took effect on August 1, aiming to bring clarity and oversight to stablecoin issuance.
Policy, Innovation and Market Trends Fueling Institutional Crypto M&A
AlphaPoint’s Reba Beeson outlines key policy shifts—spot BTC and ETH ETF approvals, Project Crypto, and MiCA discussions—driving a surge in crypto M&A. Regulatory clarity combined with strategic acquisitions is reshaping digital asset infrastructure and cross-border expansion.
ICP Drops 2.4% After Intraday Bounce Off Sub-$5 Support
Internet Computer (ICP) declined 2.4% over the last 24 hours to $5.08, despite a bullish intraday rebound from $4.97 to $5.13 on elevated trading volume. New support emerged at $5.04 after a 56% volume surge during the U.S. morning session, highlighting mixed market sentiment.
Roman Storm Convicted of Unlicensed Crypto Money Transmitting in Partial Verdict
Tornado Cash co-founder Roman Storm was found guilty of conspiring to operate an unlicensed money transmitting business by a Manhattan jury. Jurors deadlocked on money laundering and sanctions evasion charges, and Storm remains free on bail pending sentencing and potential DOJ decision on retrial.
Ethereum Treasury Stocks Outperform Spot ETH ETFs, Standard Chartered Finds
Standard Chartered research indicates that publicly traded firms holding ether for treasury purposes offer better upside than U.S. spot ETH ETFs. Both groups have acquired roughly 1.6% of total ETH supply since June, but treasury firms now trade near NAV multiples above 1 with added staking and DeFi exposure.
Solana’s Seeker Phone Enhances Crypto Usability with Streamlined Design
Solana Mobile’s second-generation Seeker smartphone has begun global shipping, delivering a lighter, faster device with integrated Seed Vault security and a mobile-native dApp store. Preorders exceeded 150,000 units across more than 50 countries, highlighting demand among active blockchain users.
Core Scientific Shareholder Opposes CoreWeave $9 B Buyout Offer
Two Seas Capital, holding 6.5% of Core Scientific stock, announced plans to vote against CoreWeave’s $9 billion acquisition proposal, arguing that the deal undervalues Core Scientific and poses economic risks to shareholders.
SEC Staff Guidance on Liquid Staking Leaves Regulatory Questions Unresolved
The SEC Division of Corporation Finance’s new staff statement clarifies that liquid staking activities and receipt tokens do not inherently constitute securities offerings. Key legal issues around taxation and complex product structures remain unaddressed, leaving ambiguity for market participants.
🔎 Coin Research — Zora Protocol (ZORA) — 08 August 2025
New weekly coin research for Zora Protocol (ZORA). — Score: 7.00/10 TL;DR: Zora is an on-chain NFT marketplace infrastructure and content tokenization protocol, leveraging a Layer 2 network for low fees and high throughput to empower c
Winklevoss Twins Invest in Trump-Family Bitcoin Mining Venture
Gemini co-founders Cameron and Tyler Winklevoss have reportedly invested in American Bitcoin, a mining company co-founded by Donald Trump Jr. and Eric Trump. The undisclosed investment marks another financial tie between the Winklevoss twins and the Trump family’s crypto interests.
SEC-Ripple Enforcement Action Ends After Joint Appeal Withdrawal
The SEC and Ripple Labs have jointly filed to dismiss both the regulator’s appeal and Ripple’s cross-appeal in the Second Circuit, concluding the enforcement action over XRP. The settlement preserves the prior judgment and ends one of crypto’s marquee legal battles.
Roman Storm’s Early Passion for Code Leads to Guilty Verdict
Roman Storm, co-founder of Tornado Cash, was convicted of conspiring to operate an unlicensed money-transmitting business in a New York federal court. Jury hung on money laundering and sanctions evasion charges, which prosecutors may retry in a new trial.
Ripple to acquire stablecoin platform Rail for $200 million
Ripple will buy cross-border stablecoin payments company Rail for $200 million, pending regulatory approval and expected to close in Q4 2025. The deal aims to enhance stablecoin payment solutions with virtual accounts and automated back-office processes.
DOT Gains as Much as 4% in Strong Bullish Breakout
Polkadot’s DOT token rose up to 4% in a 24-hour period ending at 15:00 UTC on August 7, climbing from $3.65 to $3.80. The breakout occurred on triple-average volume, driven by institutional buying, with key support and resistance levels forming at $3.68 and $3.80.
NYDFS Fines Paxos $26.5M for Compliance Failures Tied to BUSD
The New York Department of Financial Services imposed a $26.5 million penalty on Paxos Trust Company for anti-money laundering and due diligence deficiencies linked to its past partnership with Binance on BUSD. Paxos will invest an additional $22 million to upgrade its compliance program.
SharpLink Raises $200M to Expand Ethereum Treasury to $2B
SharpLink Gaming completed a $200 million direct offering at $19.50 per share with four institutional investors. Proceeds will fund additional ETH purchases to boost the company’s holdings above $2 billion, making it one of the largest corporate ETH treasuries.
ProShares Debuts Ultra CRCL ETF for Twice Daily Exposure to Circle
ProShares launched the first 2x leveraged ETF tracking Circle Internet Group stock, offering twice the daily return of CRCL without margin borrowing. The fund began trading on the NYSE Arca on August 6, following CRCL’s 134% post-IPO surge.
ATOM Surges 3% as Cosmos Ecosystem Gains dYdX Integration
ATOM price rose 3.40% from $4.26 to $4.41 between August 6 15:00 and August 7 14:00 UTC, driven by high trading volume. The rally followed Coinbase’s launch of native dYdX integration on the Cosmos network. Broader market rotation favored decentralized platforms amid geopolitical tensions.
XRP Pushes Through $3 as Ripple-SEC Appeal Decision Looms
XRP climbed above $3 after breaking through multiple resistance levels, driven by high-volume buying on Korean exchanges. The price surge coincides with an upcoming SEC hearing on Ripple’s appeal withdrawal, while SBI Holdings filed for a Bitcoin-XRP ETF, signaling growing institutional interest.
Bitcoin Steadies as Short-Term Holder Profit-Taking Slows
On-chain indicators show a retreat in Bitcoin profit-taking by short-term holders after recent rallies, pointing to potential price stabilization. Key metrics such as the spent output profit ratio have moderated, reflecting a drop in liquidations and growing confidence among market participants.
Marex Becomes 'First' Clearing Firm to Use JPMorgan’s Kinexys Blockchain For Settlements
Marex has partnered with Brevan Howard Digital to deploy JPMorgan’s permissioned Kinexys blockchain platform for client settlements. The integration enables 24/7 programmable payments, reduces settlement risk, time, and cost, and signals growing TradFi interest in blockchain infrastructure.
Ethereum Treasury Companies Surpass Spot ETH ETF Inflows, Standard Chartered Reports
Standard Chartered Bank data shows corporate Ethereum treasury holdings have grown by 1.6% of circulating supply since June, matching the pace of U.S. spot ETH ETF purchases. Treasury companies benefit from staking yields and DeFi access, making them more attractive to institutional investors than ETFs.
Hong Kong’s New Stablecoin Law Faces Industry Pushback Over Stringent KYC
Hong Kong's stablecoin ordinance, effective August 1, mandates verification of every stablecoin holder’s identity. Industry participants warned strict KYC rules could deter global users and hinder the city's bid to become a digital finance hub, arguing it undermines stablecoin efficiency and privacy benefits.
Trump to Sign Executive Order Allowing Crypto in 401(k) Plans
President Donald Trump will sign an order directing federal agencies to consider allowing private equity, real estate, cryptocurrency and other alternative assets in 401(k) retirement plans. The move aims to give defined contribution plans access to $12 trillion in assets but has drawn criticism over potential risks to savers’ portfolios.
Bitcoin Holds Above $114,500 as Institutional Inflows Return
Bitcoin steadied above $114,500 after investment products saw renewed inflows, lifting institutional sentiment. Ethereum and major altcoins also recorded gains. Analysts highlighted key liquidity zones and forecast a potential rally if critical resistance levels are breached.
Bitcoin Rises on Improved Risk Appetite After Tariffs Take Effect
Bitcoin climbed 0.8% to $115,003 amid reduced market uncertainty following the implementation of U.S. reciprocal tariffs. Broader crypto markets also saw gains, led by Ethereum, Solana and XRP, as correlated tech stocks rallied. The move is attributed to renewed inflows and a more positive risk tone in equity markets.
HashFlare Founders Want No More Jail Time as US Asks for 10 Years
HashFlare co-founders Sergei Potapenko and Ivan Turõgin seek time served for wire fraud after admitting to a $577 million mining contract Ponzi scheme, while prosecutors request 10 years’ imprisonment. Sentencing memo highlights $300 million victim losses and emphasizes deterrence.
Bitcoin, Ether, XRP Price Bump Pushes Market Sentiment to ‘Greed’
The Crypto Fear & Greed Index rose to 62, returning to “Greed” as major cryptocurrencies saw gains. Bitcoin gained 1%, Ether rallied over 2%, and XRP added 2.14% in 24 hours. Analysts cite the uptick as a sign of near-term market stability and potential bullish breakout.
Crypto Memes — 2025-08-07
😂 Best crypto memes today — BTC swings, altcoin drama, and trader jokes. Laugh & share the top picks for 2025-08-07. 🚀
With South Korea’s CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush
KakaoBank is exploring entry into South Korea’s stablecoin sector following the halt of the central bank’s CBDC pilot. Bank plans include roles in issuance and custody, leveraging compliance expertise from prior crypto projects. Initiative aligns with new legislation enabling private stablecoin issuance.
Weaponized Trading Bots Drain $1M From Crypto Users via AI-Generated YouTube Scam
Over $1 million has been siphoned from users through malicious smart contracts posing as MEV trading bots, according to SentinelLABS. Campaign used AI-generated YouTube videos and obfuscated Solidity code to deceive victims. SentinelLABS warns against deploying free bots from social media and stresses thorough code review.
Crypto Digest — 07 August 2025
📢 Read the daily digest for 2025-08-07: 📰 top news, 📊 analytics and 🌍 events of the day in one place. Stay up to date with what s important!
Circle co-founder to create ‘AI-native’ bank after $18M raise
Sean Neville, co-founder of Circle, announced the launch of Catena Labs with $18 million in funding led by a16z Crypto to build the first fully regulated AI-native financial institution. The platform will leverage stablecoins for AI agent transactions, integrate an open-source Agent Commerce Kit for identity verification, and employ AI-specific risk and compliance controls.
Parataxis to go public in $640M SPAC merger with Silverbox
Parataxis Holdings, an institutional digital asset manager, announced a merger with SilverBox Corp IV to raise up to $640 million for a NYSE-listed Bitcoin treasury company. The deal delivers $240 million to Parataxis, including $31 million earmarked for immediate Bitcoin purchases and a $400 million equity line of credit for future BTC accumulation.
IREN Ltd Mines More Bitcoin Than MARA in July, Shares Soar Over 11%
IREN Ltd reported mining 728 BTC in July, surpassing MARA’s 703 BTC despite 14% lower hashrate. Shares rose 11.4%, lifting market cap to $4.11 billion and marking second-highest valuation among public miners.
🔎 Coin Research — Vine (VNE) — 07 August 2025
New weekly coin research for Vine (VNE). — Score: 7.00/10 TL;DR: Build a decentralized Layer 0 blockchain with semantic world state enabling a true metaverse.
Polkadot DOT Rises 4% on Institutional Buying Surge
Polkadot’s DOT rose by as much as 4 % amid increased institutional buying and corporate treasury allocations driven by regulatory clarity. Bifrost secured over 81 % of DOT’s liquid staking token market, boosting total value locked by more than $90 million.
Parataxis Holdings to Go Public via $400M SPAC Merger
Parataxis Holdings confirmed a SPAC merger with SilverBox Corp IV to go public at a $400M valuation. The firm has raised $31M for bitcoin purchases ahead of listing and will expand into South Korea through a rebrand of Bridge Biotherapeutics.
Standard Chartered Flags ETH Treasury Stocks Over ETFs as Better Buys
Standard Chartered research shows Ethereum treasury companies and ETH ETF holders each purchased 1.6% of circulating ETH since June, normalizing NAV multiples and enhancing appeal. Analyst Geoff Kendrick argues treasury stocks offer regulatory arbitrage and similar price exposure with lower ETF import risks, recommending treasury plays over spot ETH ETFs.
Solana’s Seeker Mobile Crypto Phone Begins Global Shipments
Solana Mobile’s Seeker smartphone, designed for crypto-native usage, began shipping after pre-orders exceeded 150,000 units across 50 countries. The device improves battery life and usability over its Saga predecessor, targeting weekly on-chain transactors. The Seeker delivers mobile-first wallet integration and sub-second transaction speeds on the Solana network.
Babylon Launches Trustless Bitcoin Vaults Using BitVM3 Framework
Babylon introduced trustless Bitcoin vaults leveraging the new BitVM3 framework to enable BTC holders to deposit without intermediaries. The system uses off-chain computing and zero-knowledge proofs, aiming to facilitate BTC collateral in DeFi applications and native staking rewards. The white paper details on-chain vault security and programmable withdrawal conditions.
China Warns Iris Scanning Crypto Project Over National Security Risks
China’s Ministry of State Security warned of national security risks from foreign companies offering cryptocurrency incentives for iris scans, citing potential biometric data misuse abroad. The advisory appears directed at Worldcoin’s iris-based identity network amid regulatory actions in multiple countries. Concerns include data transfer to foreign entities and surveillance vulnerabilities.
BONK Memecoin Slides 4% as Intraday Volatility Tops 50%
Solana-based memecoin BONK dropped 3.9% to $0.00002383 over 24 hours and swung 50.3% intraday between $0.00002486 and $0.00002360. A late-session 0.53% rebound stemmed from institutional short covering.
ICP Price Dips 2.4% Before Bouncing Off $5 Support Level
Internet Computer (ICP) retreated 2.4% to $5.08 over 24 hours but recovered 3.2% from intraday lows of $4.97 to $5.13. Volume surged 56% above average at 05:00 UTC, indicating buyer interest at key support.
Standard Chartered Flags Ethereum Treasury Stocks Over ETFs
Standard Chartered analyst recommends ether treasury companies as more attractive than ETH spot ETFs, citing normalized NAV multiples and similar supply exposure. Treasury firms and ETFs each hold about 1.6% of circulating ether.