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Money & Crypto News

Korean man arrested over $50M crypto-to-gold laundering scheme

Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold.

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IRS crypto boss Trish Turner resigns just 3 months into the role

Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector executives who served about a year.

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🪙 Bitcoin OG Swaps $300M BTC for ETH, Sees $100M+ Unrealized Gains

A prominent Bitcoin investor deposited 300 BTC ($34.86M) into Hyperliquid to convert into ETH. They now hold 135,265 ETH ($581M) long at a $4,295 average entry, up $58M, and 122,226 ETH ($535M) spot at $4,377, up $42M.

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Powell’s comments sent $300M into Binance BTC futures, lifting open interest to $13.3B ⬆️

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⚠️ Crypto Biz: Bitcoin Miners Hit by Tariffs, Polkadot Courts Wall Street, ETH Treasuries Surge

US Bitcoin miners like CleanSpark and IREN face over $100 million in new tariffs—a 57.6% duty imposed on Chinese-made mining rigs—adding stress amid falling mining fees. Meanwhile, Polkadot launched a capital markets division to attract Wall Street interest in areas like DeFi, staking, and real-world assets. In addition, sports betting firm SharpLink added 143,595 ETH (≈$667M) to its treasury, while China is reportedly considering authorizing yuan-backed stablecoins, signaling a potential policy pivot.

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🗞 August 22 2025 cryptocurrency news highlights

【Cryptocurrency】
Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.

【Economy】
🇵🇭 Philippines House introduces a bill to establish a strategic Bitcoin reserve 🙌

【Indicators】
ANAP Holdings increased its holdings by 6.26 BTC, bringing the total holdings to 1,006.31 BTC.

【More】
Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Are Pivoting Into Remittix (RTX) Before It Hits $1

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🇵🇭 Philippines House introduces a bill to establish a strategic Bitcoin reserve 🙌

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ANAP Holdings increased its holdings by 6.26 BTC, bringing the total holdings to 1,006.31 BTC.

According to NLNico monitoring, Japanese fashion brand ANAP Holdings purchased 6.26 BTC, with the current total holding being 1,006.31 BTC.

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BitMine reposts Arthur Hayes' latest prediction: Ethereum to Peak at $20,000 This Cycle☄️

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💰 Bitcoin Approaches $13.8B Options Expiry, Bulls Face Key Test

Bitcoin faces a $13.8 billion options expiry on August 29 after a 9.7% drop in six weeks pushed prices near $112,100. Most bullish call options could expire worthless unless BTC climbs above $114K–$116K, critical levels needed to counter bearish pressure. Macroeconomic uncertainty, including Fed Chair Powell’s Jackson Hole remarks and weak labor data, adds to market caution.

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SOL fell below $180, with a 24-hour decline of 2.55%🪙

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🗞 August 21 2025 cryptocurrency news highlights

【Cryptocurrency】
Launchpad Platform Heaven Becomes Top Revenue Protocol in the Solana Ecosystem

【Economy】
Sonic Labs Proposes Token Issuance to Enter U.S. TradFi Markets

【Indicators】
An official wallet belonging to the U.S. Government received 76.56 ETH from Coinbase, worth $332K

【More】
Michael Saylor’s Strategy now qualifies for S&P 500 inclusion❗️

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Circle has minted an additional 750 million USDC on the Solana blockchain, bringing the total USDC minted on the Solana blockchain this year to 24.75 billion.

According to Onchain Lens monitoring, Circle has minted an additional 7.5 billion USDC on the Solana chain.

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Bitcoin Inflow Shows Exhaustion, Crypto Four-Year Cycle May Still Hold

The latest market analysis report from glassnode pointed out that Bitcoin's capital inflow is showing signs of exhaustion, even as the price hit a new high of $124,400, demand is weakening. While this demand slowdown was happening, speculative positions surged, with open interest in major altcoin futures contracts reaching a record high of $60 billion at one point, before pulling back by $2.5 billion.

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An official wallet belonging to the U.S. Government received 76.56 ETH from Coinbase, worth $332K

Back in April 2021, Uranium Finance was targeted in an exploit, leading to a major asset seizure of $31M by the U.S. Government in February 2025.

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US court grants brief stay in Coinbase lawsuit involving biometric data

The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.”

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El Salvador has increased its holdings of 8 bitcoins in the past 7 days. Its current bitcoin holdings have reached 6,270.18, with a total value of US$737.7 million 🪙

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Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidations 🐂

Bitcoin surged past the $117,000 mark, triggering significant liquidations of bearish positions and setting the stage for a potential push toward new all-time highs.

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Ether ETFs Stage $288M Comeback as Bitcoin Outflows Persist 🐷

After five consecutive days of Bitcoin ETF redemptions, totaling $194 million in outflows, Ethereum ETFs reversed course with a strong $288 million inflow—a notable shift in investor sentiment toward ETH-centered investment products.

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SOL Short-Term Breakout Above $195, 24-hour Gain Reaches 7.31%🪙

SOL briefly surged above $195, and is currently trading at $195.94, representing a 24-hour price increase of 7.31%.

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Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.

According to market information, after Powell's dovish remarks, Bitcoin and Ethereum experienced a short-term breakthrough and surge. However, recently, the strong altcoins have seen mixed gains and losses, and have not shown a corresponding surge in Bitcoin and Ethereum. Among them:
OKB fell by 2.31% in the past 1 hour, now trading at $213.63;
SOL rose by 4.07% in the past 1 hour, now trading at $188.66;
BIO rose by 13.68% in the past 1 hour, now trading at $0.2326.

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Opinion: Powell's speech tonight is expected to cause a 2% price swing in Bitcoin.

Pulkit Goyal, head of trading at cryptocurrency market maker Orbit Markets, said, "BTC options are pricing in approximately 2.0% volatility around Powell's Jackson Hole speech. However, downside volatility seems more likely if Powell's comments contrast with the widely expected rate cut implications." (CoinDesk)

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A trader added $1.7 million in margin to their ENA long position, with the current unrealized loss being close to $1.7 million.🔥

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Pennsylvania House introduces a new bill to ban public officials from trading Bitcoin and crypto while in office ⛔️

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Bitcoin and Ethereum ETFs See $1.9 Billion Outflows in 4 Days 📤

U.S. spot Bitcoin and Ethereum ETFs lost $1.9 billion over four days, including $552 million on Wednesday, marking a sharp continuation of the recent redemption streak.

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Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Are Pivoting Into Remittix (RTX) Before It Hits $1

Dogecoin and Shiba Inu still dominate meme coins, but investors are shifting toward a new sub- $0.10 token that offers real utility, whale backing, and long-term growth potential beyond hype.

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Michael Saylor’s Strategy now qualifies for S&P 500 inclusion❗️

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Launchpad Platform Heaven Becomes Top Revenue Protocol in the Solana Ecosystem

According to defillama data, Solana ecosystem AMM and Launchpad platform Heaven saw a protocol revenue of $1.02 million in the past 24 hours, making it the third largest fee-generating protocol on Solana, only behind pump. fun and Axiom Pro.

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Kanye West posted a video on social media, saying that "the official token (YZY) has been released"

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Sonic Labs Proposes Token Issuance to Enter U.S. TradFi Markets

Sonic Labs is moving to expand $S into U.S. traditional finance, aiming for ETFs, ETPs, and NASDAQ PIPE structures. The proposal, announced via X, targets institutional adoption and a stronger U.S. presence. 

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