Crypto

Bitcoin held a crucial support level amid cautious market positioning ahead of Powell's Jackson Hole speech.

The company provides stablecoin-based products for non-bank lenders in global trade.

Solana’s native token SOL continues to draw attention from traders and investors as the crypto market navigates a mix of bullish signals and regulatory uncertainties. On August 22, 2025, SOL remains one of the top-performing altcoins by market capitalization, with its price movements closely watched for hints of broader market sentiment. Known for its high-speed […] The post [LIVE] SOL Price Tracker: Latest Solana News and Price Updates for August 22, 2025 appeared first on Cryptonews.

Ripple, a leader in enterprise blockchain, has partnered with SBI Holdings and its subsidiary SBI VC Trade Co., Ltd. to distribute Ripple USD (RLUSD) in Japan. The post Ripple, SBI Group to Roll Out RLUSD in Japan appeared first on Cryptonews.

Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid. Former kickboxing champion and controversial influencer Andrew Tate is among the latest celebrities to dive into Kanye West’s newly launched YZY token, but his bets are already deep in the red. A wallet address linked to Tate opened a 3x leveraged short position on the recently launched, West-linked YZY token at $0.85 and was sitting on a $16,000 loss on the position. Tate “doesn’t seem to be good at perps trading,” as his cumulative losses are nearing $700,000 on this single Hyperliquid account, wrote blockchain analytics platform Lookonchain in a Friday X post. “So far, he's made 80 trades on #Hyperliquid — only 29 were profitable (win rate: 36.25%) — with total losses of $699K.” Read more

Your day-ahead look for Aug. 22, 2025

BlockFi's collapse began with Do Kwon's Terra implosion, which triggered contagion across crypto lending platforms in the brutal winter of 2022.

SBI partners with Circle, Ripple and Startale to launch stablecoin ventures and a tokenized asset trading platform in Japan. Japanese financial conglomerate SBI inked new blockchain partnerships with USDC issuer Circle, XRP developer Ripple and the Web3 company Startale. SBI Group announced the three separate partnerships on Friday, including stablecoin-related collaborations with US companies Circle and Ripple, and a new tokenization project with Singapore-based Startale. In cooperation with Startale, SBI plans to build an onchain trading platform for tokenized stocks and real-world assets (RWAs) to enable 24/7 trading. Read more

The provision introduced by House Republicans highlights America’s outlier stance as global adoption of CBDCs accelerates.

Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency. Update, Aug. 22, 12:54 pm UTC: This article has been updated to include CoinW exchange’s response to the indictment. Taiwanese prosecutors reportedly indicted 14 people in what they say is the country’s biggest-ever cryptocurrency money laundering case, involving more than 1,500 victims and over $70 million in illicit funds. The Shilin District Prosecutor’s office indicted the 14 on charges related to fraud, money laundering and organized crime, requesting the confiscation of 1.275 billion New Taiwan dollars ($39.8 million), which was allegedly obtained from victims through fraud, according to a Friday report from local media outlet UDN. Read more

The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.

AUSTRAC has ordered Binance Australia to appoint an external auditor after identifying serious shortcomings in the exchange’s Anti-Money Laundering controls. The Australian Transaction Reports and Analysis Centre (AUSTRAC) ordered the local unit of crypto exchange Binance to appoint an external auditor over concerns about its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) systems. The regulator said Friday the decision was made “after identifying serious concerns” with Binance’s AML/CTF controls. Matt Poblocki, Binance Australia and New Zealand general manager, told Cointelegraph, “Binance Australia acknowledges AUSTRAC’s decision,” adding that the move was “one of their supervisory review measures and not an enforcement action.” Read more

In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.

Binance Australia has 28 days to nominate external auditors for AUSTRAC's consideration.

Spot Ether ETFs now hold 6.42 million ETH worth $27.66 billion, equal to 5.31% of the asset’s circulating supply. US spot Ether exchange-traded funds (ETFs) funds drew $287.6 million in net inflows on Thursday, snapping a four-day outflow streak, according to data from crypto ETF tracker SoSoValue. The rebound follows a period of sustained outflows, with funds shedding over $924 million between Aug. 15 and Wednesday. The largest withdrawal came on Tuesday, when spot Ether (ETH) ETFs saw $429 million exit, the second-largest daily net outflow seen this month, following the $465 million that left the market on Aug. 4.  Asset manager BlackRock’s iShares Ethereum Trust (ETHA) led Thursday with $233.5 million in inflows, while the Fidelity Ethereum Fund (FETH) followed with $28.5 million. Other ETFs averaged around $6 million in net inflows for the day.  Read more

Powell is scheduled to speak Friday morning at the Fed’s annual Jackson Hole Economic Policy Symposium.

Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.

The two plan to roll out a U.S. dollar stablecoin in Japan under new rules that open the market to foreign issuers.

ASIC is expanding its fraud crackdown, moving from website takedowns to social media ads as crypto scams remain a key source of losses.

Bitcoin traders are positioning cautiously, with options data suggesting a defensive tone and uncertainty around rate path guidance.