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Ethereum Temporarily Drops Below $4750🔹
Ethereum briefly dropped below $4,750, and is now recovering to $4,770, with a 24-hour gain narrowed to 1.26%.
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🗞 August 24 2025 cryptocurrency news highlights
【Cryptocurrency】
Japan is planning to impose a 20% unified tax on cryptocurrency transactions and promote the issuance of ETFs through tax law revision.🔥
【Economy】
Fed's mouthpiece: Market focus shifts to whether the Fed will cut interest rates twice this year, with excessive inflation preventing aggressive easing.
【More】
「Smart Money Earns $5.16M Shorting BTC during LUNA/UST Crash」 Cleared ETH Position and Reduced WBTC Exposure 1 Hour Ago
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A certain Bitcoin ancient whale has once again moved 6,000 BTC, used for rebalancing into ETH
According to LookIntoChain monitoring, a certain Bitcoin ancient whale once again transferred out 6,000 BTC (about $6.895 billion) to purchase ETH.
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Fed's mouthpiece: Market focus shifts to whether the Fed will cut interest rates twice this year, with excessive inflation preventing aggressive easing.
Nick Timiraos, a renowned Wall Street Journal reporter and known as the "Fed's mouthpiece," published a new article titled "Powell's Rate Cut Signals a Delicate Economic Predicament." He argues that Fed Chairman Powell is cautiously paving the way for a rate cut next month, but is sending a subtle message to those hoping for aggressive easing: don't expect drastic action. With the market already pricing in a September rate cut, focus is shifting to whether the Fed will consider further rate cuts at its final two meetings of the year (October and December).
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Japan is planning to impose a 20% unified tax on cryptocurrency transactions and promote the issuance of ETFs through tax law revision.🔥
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💰Bitcoin Hits 1.7% of Global Money Supply Amid Fed Rate Cut Signals
Bitcoin’s market cap reaches $2.4T, about 1.7% of global money supply, rising over 2% after Fed Chair Powell hinted at upcoming rate cuts. Lower interest rates boost Bitcoin’s appeal as a hedge, supporting its upward trend. Current price: $115,084.
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Fidelity Bitcoin ETF (FBTC) Posts $50.9M Daily Net Flow — BTC Spot ETF Flows Data for Traders💰
Recent data shows strong institutional interest in Bitcoin, with Fidelity’s Bitcoin ETF seeing \$50.9 million in daily inflows on August 23, 2025. The surge in ETF investments signals bullish sentiment in the crypto market and could impact Bitcoin’s price direction while creating trading opportunities across pairs like BTC/USD and BTC/ETH.
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Spot Bitcoin ETFs surged to a record $134.6 billion in Q2. Institutions reported $33.6 billion in holdings via 13F filings
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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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$2.2B in shorts will be liquidated when $ ETH hits $5000 💧
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「Smart Money Earns $5.16M Shorting BTC during LUNA/UST Crash」 Cleared ETH Position and Reduced WBTC Exposure 1 Hour Ago
According to on-chain analyst Ai Yi (@ ai_9684xtpa), the "Smart Money that Shorted BTC during LUNA/UST's Collapse and Earned $5.16 Million" liquidated ETH one hour ago and reduced WBTC exposure — selling 1363 ETH and 30 WBTC (approximately $9.79 million), realizing a profit of $1.093 million through this buy-low-sell-high strategy.
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WLFI Pre-market Price Down Over 45% for Nearly 20 Hours, Currently Trading at $0.238
According to HTX market data, the pre-market trading price of WLFI (World Liberty Financial) continues to decline, falling below $0.24, currently trading at $0.238, with a drop of over 45% in the past 20 hours.
According to Coinglass data, the total open interest of WLFI futures contracts is currently $1.93 billion, with a trading volume of $19.4 billion in the past 24 hours. The current aggregated long/short ratio across the network is 0.9474.
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Three Major "Bankruptcy" Contract Whales Current Positions Overview, AguilaTrade 40x Long on Bitcoin‼️
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Ether ETFs Hit Record $7 Billion Trading Day While Bitcoin Outflows Continue 📤
Spot Ether ETFs saw a record $7 billion in trading volume, with $729 million in net inflows, marking their second-largest daily inflow ever. BlackRock’s ETHA led with $500.9 million, followed by Fidelity’s FETH at $154.7 million. In contrast, Bitcoin ETFs experienced continued outflows, totaling $616 million over two consecutive days. Ethereum’s price surged to $4,775, nearing its all-time high of $4,878. Analysts attribute the inflows to strong institutional demand and Ethereum’s network upgrades. The momentum is expected to continue as Ethereum approaches new price milestones.
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Dogecoin Price Holds $0.23 As DOGE Whales Bag 680M Tokens🐶
Dogecoin rose 14% in the past 24 hours to about \$0.24 on August 23, 2025, gaining 4% over the week but staying flat for the month. Analysts say strong buying from large holders—who accumulated over 680 million DOGE in August—has fueled the recent price surge despite retail selling.
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🗞 August 23 2025 cryptocurrency news highlights
【Cryptocurrency】
Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidations 🐂
【Economy】
El Salvador has increased its holdings of 8 bitcoins in the past 7 days.
【More】
US court grants brief stay in Coinbase lawsuit involving biometric data
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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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