đ CRYPTO NEWS ON 19/08/2025
đ 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 â an event that could directly influence U.S. monetary policy and short-term crypto prices.
đšđ Thailand launches âTouristDigiPayâ
The Thai government has launched the TouristDigiPay program, allowing international tourists to convert crypto to Baht (THB) and spend it at accepting locations.
đ This is an important step to attract tourism through blockchain technology.
đš 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.
đ 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.
đ Binance, Crypto.com, and many international funds are considering expanding their operations here.
đ 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 â an event that could directly influence U.S. monetary policy and short-term crypto prices.
đšđ Thailand launches âTouristDigiPayâ
The Thai government has launched the TouristDigiPay program, allowing international tourists to convert crypto to Baht (THB) and spend it at accepting locations.
đ This is an important step to attract tourism through blockchain technology.
đš 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.
đ 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.
đ Binance, Crypto.com, and many international funds are considering expanding their operations here.