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Aug. 16, 2025
Biweekly Crypto News Roundup: Innovations, Legal Battles, and Market Movements
By: Isha Das
Ethereum Foundation Pledges Support for Tornado Cash's Roman Storm
: The foundation commits up to $500,000 in matching funds, highlighting backing amidst legal scrutiny.
Coinbase Integrates DEX Trading In Its App
: A strategic move by Coinbase to broaden its offerings through decentralized exchange integration.
New York Proposes Crypto Transaction Tax
: Aims to channel funds into educational programs, marking a novel approach to crypto regulation.
Bitcoin Soars to $122K
: Triggers massive liquidations and showcases its volatile nature in recent market activity.
XRP Surpasses Ethereum in Transactions
: Sees significant growth and attention, reflecting shifts in altcoin dynamics.
Ethereum ETFs Boom with $5.4 Billion Inflows
: Experience remarkable growth, underscoring investor confidence in the asset.
Binance Partners with BBVA for Crypto Custody
: Enhances security measures through partnership with a leading banking institution.
US Bitcoin Miners Face Tariff Challenges
: Increasing costs due to new tariffs impact the profitability of US-based miners.
Michael Saylor Advocates for Bitcoin Adoption
: Pushes for increased corporate investment amidst favorable market conditions.
Regulatory Clampdown on Crypto Exchanges in Asia
: Highlights the evolving regulatory landscape for digital assets across Asian markets.
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