🌐 CRYPTO NEWS ON 19/08/2025
📉 Global market experiences strong fluctuations
• Bitcoin, Ethereum, and many major altcoins all drop as leveraged positions are liquidated up 327% in just 24 hours.
• Investors are waiting for signals from Fed Chairman Jerome Powell at the Jackson Hole conference – an event that could directly influence U.S. monetary policy and short-term crypto prices.
🇹🇭 Thailand launches “TouristDigiPay”
The Thai government has launched the TouristDigiPay program, allowing international tourists to convert crypto to Baht (THB) and spend it at accepting locations.
👉 This is an important step to attract tourism through blockchain technology.
💹 Gemini files for IPO in the U.S.
The Gemini exchange (founded by the Winklevoss twins) has officially filed an IPO with the SEC.
• Last year's revenue increased by 45% to reach $142.2 million.
• Assets on the platform increased to $18.2 billion.
• The IPO is expected to list under the ticker GEMI on Nasdaq, raising approximately $400 million.
🌍 Bahrain aims to become the Middle East crypto hub
The Bahraini government is negotiating to attract more than 50 financial companies, including many crypto firms and asset management funds.
• Attractive tax environment (0% personal income tax).
• Open regulations allowing for 100% foreign ownership.
👉 Binance, Crypto.com, and many international funds are considering expanding their operations here.
📉 Global market experiences strong fluctuations
• Bitcoin, Ethereum, and many major altcoins all drop as leveraged positions are liquidated up 327% in just 24 hours.
• Investors are waiting for signals from Fed Chairman Jerome Powell at the Jackson Hole conference – an event that could directly influence U.S. monetary policy and short-term crypto prices.
🇹🇭 Thailand launches “TouristDigiPay”
The Thai government has launched the TouristDigiPay program, allowing international tourists to convert crypto to Baht (THB) and spend it at accepting locations.
👉 This is an important step to attract tourism through blockchain technology.
💹 Gemini files for IPO in the U.S.
The Gemini exchange (founded by the Winklevoss twins) has officially filed an IPO with the SEC.
• Last year's revenue increased by 45% to reach $142.2 million.
• Assets on the platform increased to $18.2 billion.
• The IPO is expected to list under the ticker GEMI on Nasdaq, raising approximately $400 million.
🌍 Bahrain aims to become the Middle East crypto hub
The Bahraini government is negotiating to attract more than 50 financial companies, including many crypto firms and asset management funds.
• Attractive tax environment (0% personal income tax).
• Open regulations allowing for 100% foreign ownership.
👉 Binance, Crypto.com, and many international funds are considering expanding their operations here.