Day: 25 August 2025

Bitcoin’s sluggish price momentum this cycle may be linked to early investors cashing out, according to Bitcoiner Willy Woo, who warns that it now requires over $110,000 in new capital to absorb every Bitcoin sold by these long-time holders. Woo explained on X that Bitcoin supply remains heavily concentrated among ...

Japan’s Finance Minister Katsunobu Kato has signaled a supportive stance toward cryptocurrencies, recognizing their role in modern investment strategies despite their volatility. Speaking at the Web3 Conference WebX 2025 in Tokyo on Monday, Kato said digital assets could serve as an option for diversification if backed by a stable investment ...

Metaplanet Inc. has strengthened its Bitcoin treasury strategy with the acquisition of an additional 103 BTC, valued at ¥1.736 billion. The latest purchase was made at an average price of ¥16.85 million per Bitcoin, raising the company’s total holdings to 18,991 BTC. The Tokyo-listed firm has been aggressively positioning Bitcoin ...

SBI Group, one of Japan’s largest financial conglomerates, has partnered with Chainlink in a strategic push to expand blockchain and crypto-powered solutions for global financial markets. The collaboration will focus on tokenized real-world assets, tokenized funds, and regulated stablecoins, with Japan serving as the launchpad. The move comes as demand ...

Blockchain interoperability protocol LayerZero has finalized a $110 million acquisition of cross-chain platform Stargate, following an intense, last-minute bidding battle that drew rare multi-protocol competition in the DeFi space. Stargate’s community voted on August 24 with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal. The proposal, ...

Changpeng “CZ” Zhao, founder and former CEO of Binance, has dismissed Central Bank Digital Currencies (CBDCs) as “outdated,” arguing that stablecoins have overtaken them in relevance and adoption. Speaking at the WebX conference in Tokyo on August 25, Zhao emphasized that governments worldwide are shifting focus toward stablecoins, citing growing ...

A crypto wallet flagged by blockchain security analysts as the “Coinbase hacker” has splashed $8 million on Solana (SOL), only to take an immediate hit as prices fell. Data from Lookonchain shows the wallet swapped DAI for USDC before bridging funds to Solana on Sunday, where it scooped up 38,126 ...

BitMine has cemented its position as the biggest corporate holder of Ethereum (ETH) after another large-scale purchase pushed its treasury to unprecedented levels. On August 24, blockchain analytics platform Lookonchain reported that the Las Vegas-based mining and investment firm acquired 9,600 ETH worth approximately $45 million. The latest buy raises ...

Singapore, Singapore, 25th August 2025, Chainwire

A high-profile crypto trader has accused MEXC Global of unjustly freezing more than $3.1 million in his account and is offering a $2 million bounty to rally community support for the release of the funds. The trader, who goes by the pseudonym “White Whale,” claims the exchange froze his balance ...