Crypto

Circle, eToro and Marathon led sharp gains on Friday after Federal Reserve Chair Jerome Powell hinted that a policy shift could come next month.

Ethereum prints bullish engulfing as open interest tops $28B; institutions and whales load up while key breakout setup forms.

The central bank chairman has been under pressure from the White House to cut the rate.

BTC had retraced to under $112,000 before the speech.

Bitcoin ETFs have been stuck with five days of outflows amid de-risking environment, but experts suggest overall outlook remains bullish.

As U.S. President Donald Trump's chairman nominee, Brian Quintenz, remains in a confirmation holding pattern, the CFTC starts another "crypto sprint."

SharpLink said it will make the repurchases at a time and in amounts depending on the market conditions and share price.

Institutional liquidations dominated trading as 470 million XRP were offloaded across major exchanges during the Aug. 21–22 window, triggering a sharp selloff.

That's zoomed out. Zoomed in, crypto majors are red and volatile ahead of Jerome Powell's comments at Jackson Hole this morning.

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote worker policy to gain access to its sensitive systems. In response, Coinbase CEO Brian Armstrong is rethinking the crypto exchange’s internal security measures, including requiring all workers to receive in-person training in the US, while people with access to sensitive systems will be required to hold US citizenship and submit to fingerprinting. Read more

The Fed chair, perhaps surprisingly, took a dovish tone in his remarks at Jackson Hole.

Millions of dollars worth of cash and mining equipment has been seized, with 65,000 of those affected losing an estimated $300 million.

SharpLink Gaming, the second-largest Ether corporate treasury with $3.14 billion in ETH, approved a $1.5 billion stock repurchase program. SharpLing Gaming, one of the largest Ether corporate treasuries, authorized a $1.5 billion stock buyback program. In a Friday announcement, SharpLink Gaming said it authorized the repurchase of $1.5 billion worth of shares as part of its “disciplined capital markets strategy.” No repurchases have been made so far. The firm’s Co-CEO Joseph Chalom said the firm will consider buybacks when its stock trades at or below the net asset value of its Ether (ETH) holdings. “This program provides us with the flexibility to act quickly and decisively if those conditions present themselves,” Chalom added. Read more

Beijing’s consideration of a yuan-backed stablecoin could mark a new front in the global financial system, but experts say dollar dominance, liquidity and trust are high hurdles. China appears to be weighing the launch of a yuan-backed stablecoin, with an initial rollout in Hong Kong and Shanghai, a surprising shift after years of cracking down on crypto while promoting its central bank digital currency, the digital yuan. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with two leaders analyzing China’s potential move into stablecoins: Martin Chorzempa, senior fellow at the Peterson Institute for International Economics, and Patrick Tan, CEO of blockchain intelligence firm ChainArgos.  The news, first reported on Wednesday, highlighted Beijing’s ambitions to strengthen the yuan’s role in international finance. Still, experts say the path forward is anything but certain, especially with the track record of its central bank digital currency (CBDC), the digital yuan.  Read more

Blanket crypto ATM bans punish legitimate users while fraudsters adapt. Smart warning systems at kiosks could intercept scams in progress. Opinion by: Bill Repasky, attorney at Frost Brown Todd LLP With more than 55 million Americans now using cryptocurrency in their daily lives, cryptocurrencies have become an integral component of our nation’s financial system.  Just like traditional ATMs, tens of thousands of virtual currency kiosks — also known as Bitcoin ATMs — have popped up in communities around the United States to support cryptocurrency transactions, from converting cash into crypto to buying and selling coins. The passage of the GENIUS Act may enlarge the public’s demand for Bitcoin ATMs as stablecoins are introduced. Read more

SharpLink Gaming, Inc. (Nasdaq: SBET), a gaming technology firm and one of the world’s largest corporate holders of Ether (ETH), announced that its Board of Directors has approved a stock buyback program of up to $1.5 billion.  The post SharpLink Approves $1.5B Buyback as It Leans on Ethereum Holdings appeared first on Cryptonews.

The bill would require the central bank to buy 2,000 Bitcoin annually over five years and hold the assets for at least two decades. The Congress of the Philippines is weighing a proposal that could see the country’s central bank establish a strategic reserve of 10,000 Bitcoin, positioning the country among the first in Southeast Asia to adopt Bitcoin as a strategic asset.  A House of Representatives bill filed by Camarines Sur Representative Migz Villafuerte in June made headlines on Thursday, as it aims to mandate the Banko Sentral ng Pilipinas (BSP), the country’s central bank, to purchase 2,000 Bitcoin (BTC) annually over a five-year period.  The bill, called the “Strategic Bitcoin Reserve Act,” aims to mandate the BSP to buy 10,000 Bitcoin worth $1.1 billion at current market prices. The bill states that the asset would be locked in a trust for at least 20 years. This would mean that the coins could not be sold, swapped or disposed of, except for when retiring government debt.  Read more

Following its strong rally and rejection at the all-time high, Ethereum has shifted into a corrective phase. Both daily and lower timeframes suggest that the next decisive move hinges on whether buyers can maintain key support zones or whether bears will drive the market into deeper retracements. ETH Price Technical Analysis By Shayan The Daily […]

None of the 20 assets are trading higher from Thursday.

[PRESS RELEASE – London, United Kingdom, August 22nd, 2025] MetaWin today announced the launch of MetaWin Create, a groundbreaking initiative that provides free access to premium AI tools exclusively for MetaWinners NFT holders. This marks a major first in the NFT space, combining digital ownership with real-world utility that enhances productivity, creativity, and innovation. Link: […]