On Aug 17, 2025, 04:51 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 118,000 USDT benchmark and is now trading at 118,103.851563 USDT, with a narrowed 0.20% increase in 24 hours.

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Fortunately, XRP is still well above that line. . . for now. source: https://cryptopotato.com/ripples-xrp-must-hold-this-critical-support-line-to-stay-in-bull-mode/

Roman Storm’s case may determine the future of the crypto industry.

According to BlockBeats, Faraday Future has announced the launch of its "EAI+Crypto" dual flywheel and dual bridge ecosystem strategy. The company plans to integrate EAI EV assets onto the blockchain, creating an ecosystem that combines EAI mobility, Web3, blockchain technology, and cryptocurrency applications. In addition, Faraday Future has introduced the C10 Index, marking the first market crypto asset basket index initiated by a U.S.-listed company, excluding stablecoins. The company also launched the C10 Treasury, a financial product configured based on the C10 Index. The initial phase aims to acquire between $500 million to $1 billion in crypto assets, with the first allocation amounting to $30 million.

Hong Kong SFC tightens regulations on crypto custody, reshaping compliance and market dynamics for local service providers. source: https://coincu.com/355437-hong-kong-sfc-custody-rules

In a recent statement, investor and entrepreneur Mike Novogratz has issued a stark warning regarding the implications of Bitcoin reaching a value of $1 million. He argues that such a dramatic increase in the cryptocurrency's price would not be an indicator of a successful financial landscape or a victory for the crypto market. Instead, he believes it would signal a deepening crisis within the United States economy, suggesting that extreme inflation or significant instability in traditional financial systems may be forcing people to turn to Bitcoin as a last resort for preserving wealth. Novogratz's comments highlight the complex relationship between digital currencies and traditional economic indicators, urging observers to consider the broader implications of skyrocketing cryptocurrency values. source: https://blocknews.com/novogratz-warns-1m-bitcoin-would-signal-u-s-crisis-not-victory/

The surge highlights how DeFi lending is moving closer to the financial mainstream, even as the U. S. source: https://coindoo.com/coinbase-expands-onchain-lending-past-600m-amid-global-market-share-drop/

Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128. source: https://cointelegraph.com/news/bitcoin-price-million-dollars-us-economy-downfall-mike-novogratz-galaxy-digital?utm_source=rss_feed&utm_medium=rss%3F_refresh%3Deockeeuuyu%26cb%3Deockeeuuyu%26timestamp%3D1755402848211%26_nocache%3D1755402848211&utm_campaign=rss_partner_inbound

Lido Ecosystem Foundation's head of institutional relations Kean Gilbert hops on Blockcast source: https://www.blockhead.co/2025/08/17/blockcast-73-institutional-stake-hodlers-steth-vs-stvaults-vs-sales-cycle/

According to TechFlow, a notable whale has recently made a significant purchase of 938,489 LINK tokens, spending a total of 4,806 ETH, valued at approximately $21.25 million. This transaction was observed by the on-chain analysis platform Lookonchain. The whale's activity was recorded eight hours prior to the report. The whale has a history of strategic trading, having previously profited $4.14 million by trading ETH during the USDC de-pegging event. Additionally, the whale sold ETH before the UST/LUNA collapse and liquidated all SHIB holdings during the market peaks in May and October 2021.

17-8-2025 – Thailand will launch its TouristDigiPay initiative on August 18, enabling foreign tourists to convert cryptocurrencies into Thai baht for local spending, as announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira. The program, first reported by The Nation, aims to revitalize the tourism sector, which has faced a downturn due to fewer [. . source: https://www.cointrackdaily.com/thailand-launches-touristdigipay-to-let-tourists-convert-crypto-to-baht/

Golden Finance has launched the 2788th issue of "Golden Morning 8", a morning newspaper for the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

If you are reading this article and your funds are still deposited in the CoinUP platform or the "Water Mother Protocol" project, please stop everything you are doing immediately and read the following carefully.

Recently, the cryptocurrency exchange BTCTurk issued an announcement confirming that it had been hacked, with abnormal outflows of funds exceeding US$48 million from multiple on-chain hot wallets.

The guidance describes custody as holding digital assets on behalf of clients, while emphasizing that this does not create new regulatory requirements.

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Sometimes, I am really glad that I came to the blockchain industry. There are so many industry dividends that I can reap.

On August 15, the Federal Reserve announced the abolition of the "Neo-Emerging Activities Supervision Program" (NASP), which was established in 2023.

Driven by rising market expectations of a September interest rate cut and continued strong institutional demand, Bitcoin briefly broke through $124,000 today, surpassing its previous historical high.