Crypto Market Retreats, Bitcoin Down 8% Since Peak Ahead of Powell’s Jackson Hole Remarks

Crypto Market Retreats, Bitcoin Down 8% Since Peak Ahead of Powell’s Jackson Hole Remarks

Bitcoin slipped below $113,000 on Wednesday, dragging the broader crypto market lower as traders braced for Federal Reserve Chair Jerome Powell’s address at Jackson Hole. The sector shed 1.5% to $3.9 trillion, with Ethereum, XRP and Solana all in the red. The world’s largest cryptocurrency is now down about 8% cent from its record above […]

2025-08-20
Bitmine Buys Another 52,475 ETH Worth $220 Million, Now Holding a Total of 1,575,848 ETH Worth $6 Billion

Bitmine Buys Another 52,475 ETH Worth $220 Million, Now Holding a Total of 1,575,848 ETH Worth $6 Billion

Tom Lee’s Bitmine Immersion has been buying, the pioneer altcoin asset, Ethereum (ETH), at an accelerated pace, beating Michael Saylor’s BTC accumulation strategy. Presently, Bitmine is holding over 1% of the ETH total supply and aims to accumulate 5%. Today, Bitmine buys another 52,475 ETH valued at $220 million. This brings the entity’s total ETH […]

2025-08-20
SEC Chair Confirms ‘Very Few’ Cryptos Are Securities, But Markets Continue to Correct

SEC Chair Confirms ‘Very Few’ Cryptos Are Securities, But Markets Continue to Correct

Securities and Exchange Commission chair Paul Atkins has confirmed a major shift in crypto regulation, stating that “very few tokens” should be classified as securities. His comments, which are a stark contrast to his predecessor Gary Gensler’s view that the vast majority of crypto assets were securities, came at the SALT Wyoming Blockchain Symposium 2025 […]

2025-08-20
Bitpanda Launches DeFi Wallet to Power Europe’s Journey to an Onchain Future

Bitpanda Launches DeFi Wallet to Power Europe’s Journey to an Onchain Future

[PRESS RELEASE – Vienna, Austria, August 19th, 2025] The Bitpanda DeFi Wallet is the second product in the Bitpanda Web3 suite, designed to bring real utility to the onchain world Built to be simple enough for beginners, and powerful enough for experienced users The wallet combines onchain flexibility with Bitpanda’s trusted security standards Users can […]

2025-08-20
MetaMask Partners with Tron to Enhance Cross-Chain Ecosystem​

MetaMask Partners with Tron to Enhance Cross-Chain Ecosystem​

MetaMask integrates Tron, accelerating cross-chain adoption and expanding global reach. Tron becomes the third non-ETH blockchain supported by MetaMask, alongside Solana and BNB. MetaMask’s support boosts TRX visibility and access to decentralized platforms. MetaMask has integrated the Tron blockchain, marking a pivotal shift in cross-chain infrastructure. The partnership, announced by Tron DAO, positions MetaMask as […]

2025-08-20
Expert Touts Chainlink Advantage Over XRP In Institutional Adoption Race

Expert Touts Chainlink Advantage Over XRP In Institutional Adoption Race

As blockchain technology continues to gain traction among institutional investors, Chainlink (LINK) is positioning itself to capitalize on this momentum, especially in light of pro-crypto regulations that are attracting significant capital inflows.  According to market expert Zach Rynes, the decentralized oracle network is better equipped than XRP to harness the forthcoming wave of institutional blockchain […]

2025-08-20
Cardano (ADA) Pulls Back, Will Bears Push It Lower Again?

Cardano (ADA) Pulls Back, Will Bears Push It Lower Again?

Cardano price started a downside correction from the $1.020 zone. ADA is now showing some bearish signs and might decline toward $0.80. ADA price started a downside correction below the $0.920 support zone. The price is trading below $0.90 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance […]

2025-08-20
Harvard economist admits he was wrong about Bitcoin crashing to $100

Harvard economist admits he was wrong about Bitcoin crashing to $100

Harvard economist Kenneth Rogoff, who predicted Bitcoin would likely hit $100 before $100,000, admits he was wrong about three things.

2025-08-20
Ethereum Market Cap Dips, But Institutional Buying Hints at Bigger Move as Institutions Pour In Billions

Ethereum Market Cap Dips, But Institutional Buying Hints at Bigger Move as Institutions Pour In Billions

Major institutions boosted their Ethereum holdings in Q2 2025,but exchange balances fell to historic lows. This combination of rising demand and tightening supply could reshape ETH’s next market cycle. Big Institutions Move In Institutional filings from Q2 reveal heavy buying of Ethereum exposure through ETHA shares. According to data shared by BitBull, Goldman Sachs led […]

2025-08-20
[LIVE] Crypto News Today: Latest Updates for August 20, 2025 – Ethereum Sinks Below $4.1K, Bitcoin Trades at $113K as Market Ignores Positive Industry Moves

[LIVE] Crypto News Today: Latest Updates for August 20, 2025 – Ethereum Sinks Below $4.1K, Bitcoin Trades at $113K as Market Ignores Positive Industry Moves

The crypto market is showing bearish signal today, with nearly all major sectors posting steep losses. Overall market sentiment has slumped as tokens across the board fell between 2% and 6% in the past 24 hours. Ethereum (ETH) dropped 4.79% to slip under $4,100, while Bitcoin (BTC) slid 2.69% below $113,000. The PayFi sector, which […]

2025-08-20
Trump-Linked Crypto Firm Thumzup to Take Over Dogecoin Mining Operation

Trump-Linked Crypto Firm Thumzup to Take Over Dogecoin Mining Operation

Thumzup Media, a company with ties to the Trump family, is set to acquire Dogehash Technologies in an all-stock deal that aims to create the world’s largest Dogecoin mining platform. The Nasdaq-listed firm announced Tuesday that Dogehash shareholders will swap all of their holdings for 30.7m shares of Thumzup. Once the deal closes, the combined […]

2025-08-20
Fed Top Official Urges Central Bank Staff to Hold ‘de Minimus’ Crypto

Fed Top Official Urges Central Bank Staff to Hold ‘de Minimus’ Crypto

US Fed Vice Chair for Supervision Michelle Bowman has suggested allowing central bank staff to own small amounts of crypto. Speaking at a blockchain event in Wyoming on Tuesday, she said that direct crypto exposure would help regulators better understand the underlying technology. “Our approach should consider allowing Fed staff to hold de minimus amounts […]

2025-08-20
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