Crypto News Roundup: August 12, 2025 – Market Updates & Blockchain Buzz
Catch the latest crypto action! Here’s what’s driving the market today. Share your takes in the comments! Market Movers
Bitcoin Stays Resilient: Bitcoin (BTC) is hovering around $115,770, down 2.3% in the past 24 hours, but bulls are defending the $115K support level. Watch for a potential breakout above $120K
Jupiter Shines Bright: Jupiter (JUP) surged 4.75% to $0.522784, outpacing the market’s 0.93% growth. Analysts warn of a possible dip to $0.405403 by August 14—buy or hold?
Ethena’s Unlock Drama: Ethena (ENA) jumped 14% ahead of a $100M token unlock, but a sell-off could loom. Is this a short-term pump or a long-term opportunity?
Exchange & Platform Updates
Binance Alpha Airdrop Alert: Binance kicked off the GameBuild (GAME) airdrop, offering 10,200 GAME tokens to users with Alpha Points. Phase 1 started at 7:00 UTC—don’t miss out!
Coinbase’s Strategic Shift: Coinbase plans to delist tokens like Function X (FX) by August 15 to align with regulations, while XRP now drives 13% of its Q2 2025 revenue, outpacing Ethereum.
PayPal’s Crypto Push: PayPal expanded its crypto payment gateway, supporting Bitcoin, Ethereum, Litecoin, and PayPal USD for millions of U.S. merchants, boosting real-world adoption.
Regulatory & Industry Highlights
Ripple-SEC Saga Ends: The Ripple-SEC lawsuit concluded, offering hope for clearer crypto regulations and a bullish outlook for XRP. Could this spark a rally?
Winklevoss Twins’ Trump Bet: The Winklevoss brothers invested in American Bitcoin Corp., a mining venture linked to Eric and Donald Trump Jr., signaling mainstream crypto momentum.
SEC’s Project Crypto: SEC Chair Paul Atkins launched “Project Crypto” to modernize digital asset regulations, potentially easing barriers for DeFi and staking.
Blockchain & DeFi Trends
Bitcoin DeFi Boom: Bitcoin DeFi is projected to nearly double in 2025, with $15.4B currently locked in smart contracts and staking protocols like Babylon.