Below are the most prominent news articles in the cryptocurrency sector on 11/08/2025:
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Noteworthy Quick News
Do Kwon – Co-founder of Terraform Labs – is expected to plead guilty related to the collapse of TerraUSD and Luna, an incident that caused approximately 40 billion USD in losses. The trial is expected to take place in Manhattan with charges including: securities fraud, electronic fraud, commodity fraud, and money laundering conspiracy.
Bitcoin is nearing its record high (~123,000 USD) as institutional and corporate demand continues to rise, pushing the price of Bitcoin up to nearly 122,000–123,000 USD; Ethereum has also recovered strongly, reaching its highest level since late 2021.
New regulations allowing the addition of cryptocurrencies to 401(k) plans have stimulated a significant influx of capital: the total capital inflow into BTC and ETH funds reached nearly 533 million USD last week; the SEC also announced 'Project Crypto' to clarify the legal framework for digital assets.
Cryptocurrency-related stocks such as Coinbase, MicroStrategy (now Strategy), and Robinhood have surged, reacting positively to the recovery trend and new policies favorable to the industry.
Paxos – the stablecoin issuer of PayPal – is seeking a charter to establish a trust bank in the U.S., a step forward in connecting digital assets with the traditional financial system.
The state of New Hampshire (U.S.) has passed a law supporting cryptocurrency mining using off-grid energy sources to reduce electricity price pressure and promote the development of large energy databases.
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Quick Summary
Topic Main Content
Price Situation Bitcoin is approaching its historical high (~123k USD) – Ethereum has also reached a multi-year high.
Policy & Legal Allowing additional crypto in 401(k) retirement plans; SEC's 'Project Crypto'; Paxos seeks banking license.
Related Stocks Crypto sector stocks have all risen, benefiting from the market recovery movement and supportive policies.
Notable Event Do Kwon may plead guilty; New Hampshire supports crypto mining using renewable energy/off-grid processes.
