Here are more significant news from the cryptocurrency world for today — August 6, 2025:
📰 Latest events:
💰 Market liquidity and liquidations
In the last 24 hours, positions worth 222 million USD have been liquidated in the cryptocurrency market, including 95 million USD in long positions — indicating a strong balancing move between buyers and sellers.
💵 Traditional financial exposure
Smarter Web Company issued convertible bonds worth 21 million USD, secured by Bitcoin — a signal of increasing interest from large companies in this sector.
⚖️ Regulations concerning ETH and SOL staking
The SEC has officially excluded staking protocols like Ethereum Lido and Solana Jito from securities regulations — which may facilitate further development of DeFi.
📉 Options sentiment indicates defense
Data from the Bitcoin and Ethereum options market show an increase in demand for put options — indicating growing caution and a defensive approach from investors around the end of August.
🐂 Turosky changed the climate for treasury firms
Mike Novogratz assesses that the boom in cryptocurrency treasury firms has peaked — stronger, established entities like Strategy now dominate, and new players will face difficulties.
🏛️ State reserves and government initiatives
Brazil announces preparation of state BTC reserve — public hearings scheduled for August 20.
Pakistan has launched a government Crypto Council and Strategic Bitcoin Reserve, allocating 2000 MW of energy for BTC mining and AI centers.
💉 Acquisition of LTC by MEI Pharma
The American company MEI Pharma made a 100 million USD investment in Litecoin, as an institutional reserve — the first such decision in the pharma sector.
🇬🇧 Coinbase advertisement banned in the UK
The controversial Coinbase advertising campaign titled "Everything Is Fine" was banned in the UK. CEO Brian Armstrong emphasized that he sees this as an act of censorship.
🎉 Presale meme‑coin TOKEN6900
The new memecoin TOKEN6900 raised over 1.5 million USD in a short time, confirming the trend of speculative frenzy around hype-token projects.
🚼 New trend: sports betting in crypto
Cryptocurrencies are gaining popularity in sports betting, especially in boxing — no-KYC places and fast transactions rewarded with privacy and convenience.
🇨🇿 Serious scandal in the Czech Republic
The Czech justice minister resigned after a scandal involving a deposit of 468 BTC (~45 million USD) from a convicted criminal — provoking a debate about violating AML standards.
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📊 Market context
The entire cryptocurrency market recorded a decline of about 6.7% in August, mainly due to profit-taking after the July rally. Analysts are calling this a stabilizing correction before a possible upward move in Q4.
Global capitalization currently stands at ~3.72 trillion USD, with Bitcoin oscillating between $112,650 and $115,097, down ~1.3% in 24h.
Franc currency investors are waiting for a possible breakthrough in the market – if the S&P 500 holds resistance levels, it could trigger another wave of risk for Bitcoin.
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🔑 Key observations:
📉 The market is generally stabilizing after waves of profit-taking.
⚖️ Regulatory moments — staking and stablecoins in the spotlight of the SEC and American legislators (e.g. GENIUS Act) — building foundations for further adoption.
🏦 Institutions are increasingly engaging in cryptocurrencies — especially LTC and BTC — which enhances risk absorption capacity.
💡 Speculation returns in the form of ICOs and presales (TOKEN6900, Bitcoin Hyper), directing attention to memecoins and upcoming utility token trends.
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