Day: August 20, 2025

US Bitcoin Miners Face $100M+ in Tariff Liabilities as New Asia Import Duties Take Effect

Key Notes CleanSpark faces up to $185 million in tariff liability while IREN contests $100 million in CBP claims over imported equipment. Bitcoin network hashrate reached record highs above 970 EH/s despite mining margins compressing below $60/PH/s profitability. Mining stocks showed mixed performance with AI-focused companies surging 50% while pure bitcoin miners declined significantly. The United States has finalized steep new tariffs on any goods imported from Asia, imposing a 57.6% rate for machines of Chinese origin and a 21.6% tariff for hardware from Indonesia, Malaysia, and Thailand. The rates,…

Google Searches for ‘Privacy Coins’ Reach an All-Time High; Price Follows

Key Notes Google Trends data reveals unprecedented global interest in privacy-focused cryptocurrencies reaching peak levels. Zcash’s private transaction usage soars with 22.32% of total supply now using shielded addresses for enhanced anonymity. Industry experts predict massive migration toward financial privacy tools as regulatory scrutiny intensifies globally. The mindshare and interest in privacy solutions appear to be rising worldwide, which includes privacy-enhancing cryptocurrencies. Bitcoin first gained popularity among privacy and encryption advocates known as cypherpunks, thanks to its pseudonymous accounts—later losing this appeal with the surge of advanced chain analysis tools.…

Ethereum Altcoin Explodes 143% After Korean Crypto Exchange Upbit Abruptly Announces Trading Support

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The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3…

Ethereum Price Squeezed In Falling Channel – Bulls Eye Rebound To $4,788 If This Support Holds

Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. He further…

Ben Cowen’s Ethereum Prediction! 🔥

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETH had a healthy pullback! That’s exactly why it could return to its previous all-time high this cycle. But only if two key scenarios play out. Are you buying into the ETH narrative? Related Titles: Ethereum Price Prediction, Ethereum Crypto, Ethereum Price, Ethereum 2025, Cryptocurrency, Alpha, Fundamentals #Crypto #Solana #SOL #BenCowen #solanapriceprediction ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

NY Judge Unlocks $58M Crypto Holdings for LIBRA Memecoin Founder Hayden Davis

Key Notes Court ruling enables Davis to withdraw 20.8 million LIBRA tokens monthly plus previously accessible holdings. Argentina case continues as Davis offers $100 million transfer to prove legitimacy of President Milei endorsement. Legal scrutiny remains intense with $58 million USDC technically frozen despite restraining order removal. Jennifer Rochon, a US District Judge in New York, has dissolved the temporary restraining order that had blocked Hayden Davis, creator of the LIBRA memecoin, from moving significant amounts of cryptocurrency. The decision permits Davis to access $58 million worth of USDC alongside…

Wall Street Pepe Pumps 40% Following Solana Debut

Wall Street Pepe (WEPE) has torched over 500 million tokens on Ethereum (ETH) as it makes its official debut on Solana. The burn is baked into WEPE’s dual-chain mechanics, designed to gradually migrate supply and presence to the meme coin capital. Every SOL WEPE allocation is matched by an ETH WEPE burn, tightening supply and laying the groundwork for the frog’s eventual launch on Solana. That 500,000,000 token burn is a blazing kickoff, and it couldn’t come at a better time. The Solana pivot solidifies WEPE’s position in the meme…

Wiki Cat (WKC) Soars 293% in 6 Days: Here’s Why It Matters for SNORT

Wiki Cat (WKC) has shocked the market with a 293% move even as crypto extends its losing streak to a sixth day. The token has been around for years, but it only staged its first major breakout this month, vaulting past a $200 million market cap and showing just how unpredictable meme coin runs can be. But its move is exactly the kind of play Snorter Bot Token (SNORT) is designed to spot. Snorter is launching as a Solana-focused Telegram trading bot but will expand to other chains as its…

Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair

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Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute The advocacy organizations argued that Quintenz was “exceptionally well-suited” to…

Bitcoin Flat as Stocks Continue Bleeding

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The cryptocurrency appears to have stabilized around $114K, but the same can’t be said for the stock market, which edged lower as tech stocks continued to underperform. Traditional Markets Plunge, But Bitcoin Remains Steady Bitcoin ( BTC) hovered around $114K on Wednesday afternoon while stocks fell across all major indices for a second consecutive day. […] Original