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🇵🇭 Philippines House introduces a bill to establish a strategic Bitcoin reserve 🙌

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Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.

According to market information, after Powell's dovish remarks, Bitcoin and Ethereum experienced a short-term breakthrough and surge. However, recently, the strong altcoins have seen mixed gains and losses, and have not shown a corresponding surge in Bitcoin and Ethereum. Among them:
OKB fell by 2.31% in the past 1 hour, now trading at $213.63;
SOL rose by 4.07% in the past 1 hour, now trading at $188.66;
BIO rose by 13.68% in the past 1 hour, now trading at $0.2326.

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SOL Short-Term Breakout Above $195, 24-hour Gain Reaches 7.31%🪙

SOL briefly surged above $195, and is currently trading at $195.94, representing a 24-hour price increase of 7.31%.

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⚠️ Crypto Biz: Bitcoin Miners Hit by Tariffs, Polkadot Courts Wall Street, ETH Treasuries Surge

US Bitcoin miners like CleanSpark and IREN face over $100 million in new tariffs—a 57.6% duty imposed on Chinese-made mining rigs—adding stress amid falling mining fees. Meanwhile, Polkadot launched a capital markets division to attract Wall Street interest in areas like DeFi, staking, and real-world assets. In addition, sports betting firm SharpLink added 143,595 ETH (≈$667M) to its treasury, while China is reportedly considering authorizing yuan-backed stablecoins, signaling a potential policy pivot.

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Ether ETFs Stage $288M Comeback as Bitcoin Outflows Persist 🐷

After five consecutive days of Bitcoin ETF redemptions, totaling $194 million in outflows, Ethereum ETFs reversed course with a strong $288 million inflow—a notable shift in investor sentiment toward ETH-centered investment products.

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Powell’s comments sent $300M into Binance BTC futures, lifting open interest to $13.3B ⬆️

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Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidations 🐂

Bitcoin surged past the $117,000 mark, triggering significant liquidations of bearish positions and setting the stage for a potential push toward new all-time highs.

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🪙 Bitcoin OG Swaps $300M BTC for ETH, Sees $100M+ Unrealized Gains

A prominent Bitcoin investor deposited 300 BTC ($34.86M) into Hyperliquid to convert into ETH. They now hold 135,265 ETH ($581M) long at a $4,295 average entry, up $58M, and 122,226 ETH ($535M) spot at $4,377, up $42M.

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El Salvador has increased its holdings of 8 bitcoins in the past 7 days. Its current bitcoin holdings have reached 6,270.18, with a total value of US$737.7 million 🪙

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IRS crypto boss Trish Turner resigns just 3 months into the role

Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector executives who served about a year.

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US court grants brief stay in Coinbase lawsuit involving biometric data

The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.”

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Korean man arrested over $50M crypto-to-gold laundering scheme

Thai police have arrested a South Korean man accused of helping a call center gang launder over $50 million in crypto into gold.

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Spot Bitcoin ETFs surged to a record $134.6 billion in Q2. Institutions reported $33.6 billion in holdings via 13F filings

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Fidelity Bitcoin ETF (FBTC) Posts $50.9M Daily Net Flow — BTC Spot ETF Flows Data for Traders💰

Recent data shows strong institutional interest in Bitcoin, with Fidelity’s Bitcoin ETF seeing \$50.9 million in daily inflows on August 23, 2025. The surge in ETF investments signals bullish sentiment in the crypto market and could impact Bitcoin’s price direction while creating trading opportunities across pairs like BTC/USD and BTC/ETH.

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Dogecoin Price Holds $0.23 As DOGE Whales Bag 680M Tokens🐶

Dogecoin rose 14% in the past 24 hours to about \$0.24 on August 23, 2025, gaining 4% over the week but staying flat for the month. Analysts say strong buying from large holders—who accumulated over 680 million DOGE in August—has fueled the recent price surge despite retail selling.

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💰Bitcoin Hits 1.7% of Global Money Supply Amid Fed Rate Cut Signals

Bitcoin’s market cap reaches $2.4T, about 1.7% of global money supply, rising over 2% after Fed Chair Powell hinted at upcoming rate cuts. Lower interest rates boost Bitcoin’s appeal as a hedge, supporting its upward trend. Current price: $115,084.

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Ether ETFs Hit Record $7 Billion Trading Day While Bitcoin Outflows Continue 📤

Spot Ether ETFs saw a record $7 billion in trading volume, with $729 million in net inflows, marking their second-largest daily inflow ever. BlackRock’s ETHA led with $500.9 million, followed by Fidelity’s FETH at $154.7 million. In contrast, Bitcoin ETFs experienced continued outflows, totaling $616 million over two consecutive days. Ethereum’s price surged to $4,775, nearing its all-time high of $4,878. Analysts attribute the inflows to strong institutional demand and Ethereum’s network upgrades. The momentum is expected to continue as Ethereum approaches new price milestones.

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Japan is planning to impose a 20% unified tax on cryptocurrency transactions and promote the issuance of ETFs through tax law revision.🔥

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