Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at the time of this writing. Data from SaylorTracker shows Strategy is up over 56% on its BTC investment, representing over $25.8 billion in unrealized gains at current prices. Read more
Since 2016, whenever Ether’s price has gone up in August, it has historically fallen in September, data shows. Ether’s price has climbed 25% since the beginning of August, but historical data suggests the cryptocurrency could lose steam in September. Only time will tell if Ether (ETH) plays out differently this year, with billions flowing into spot Ether ETFs and treasury companies. Crypto trader CryptoGoos said in an X post on Friday, “ETH seasonality in September during post-halving years is typically negative. Will this time be different?” Read more
Pump.fun regained its market dominance in the Solana memecoin launchpad space, gaining over 73% in market share in the last seven days. Solana-based memecoin launchpad Pump.fun recorded one of its strongest revenue weeks of 2025 in mid-August as the sector recovered from a dip earlier this month. Decentralized finance (DeFi) data tracker DefiLlama showed that Pump.fun generated $13.48 million between Aug. 11 and Sunday, the platform’s strongest weekly revenue performance since February. The increase came after a sharp revenue drop from July 28 to Aug. 3. During that time, Pump.fun brought in only $1.72 million in weekly revenue, its lowest since March 2024. This contributed to the platform’s revenue drop in July, its lowest monthly revenue this year. Read more
ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August. Key takeaways: Ether trades at $4,600 with a 64% chance of hitting $5,000 by Aug. 31. The odds of a new ETH all-time high in August jump to 87% on Polymarket. Read more
Ukraine has had some regulatory starts and stops when it comes to crypto, though momentum for a regulatory bill has picked up since 2024. Ukraine’s parliament plans to conduct the initial reading of a crypto regulation bill by late August, according to government officials. The legislation, if approved, could establish a legal framework for digital assets aligned with European standards. “The preparation of a draft law on taxation of transactions with virtual assets is currently in the final stage,” Danylo Hetmantsev, head of the parliamentary committee on finance, tax and customs policy, told Cointelegraph. “It is estimated that its submission for the first reading in the Verkhovna Rada is scheduled for the end of August 2025.” Read more
The Bitcoin mining difficulty is crucial to both miner profitability and ensuring that BTC is not mined faster than the protocol allows. The Bitcoin (BTC) mining difficulty hit an all-time high of 127.6 trillion this week, but is projected to drop during the next difficulty adjustment on August 9. Mining difficulty is expected to fall by about 3% to 123.7 trillion in the next adjustment period, and the current average block time is about 10 minutes and 20 seconds, according to CoinWarz. Data from CryptoQuant shows that the mining difficulty fell in June, with a sharp drop-off at the end of month and the first two weeks of July, when difficulty fell to 116.9 trillion. However, the difficulty level resumed its long-term uptrend in the latter half of July. Read more