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Cryptocurrency News & Live Updates
Synopsis
This week in crypto, Ripple partners with SBI Holdings to introduce RLUSD in Japan, while Tether welcomes Bo Hines to its team amidst significant market movements.
In the latest developments within the cryptocurrency landscape, Ripple is making strides in Asia by collaborating with SBI Holdings to launch RLUSD in Japan, signaling a growing interest in digital assets in the region. Meanwhile, Tether has announced the addition of Bo Hines to its team, reflecting ongoing corporate engagement in the crypto space. On the market front, Bitcoin has experienced notable declines, dropping below key thresholds of 114,000, 113,000, and 112,000 USDT, with respective decreases of 1.12%, 2.65%, and 3.40% within a 24-hour period. In contrast, Ethereum has surged past $4,900, reaching an all-time high of $4,946, as analysts suggest a shift in momentum from Bitcoin to Ether. This shift is attributed to dwindling exchange reserves of Ether, indicating a potential supply shock that could drive prices higher. As the market navigates these fluctuations, the interplay between regulatory actions, institutional interest, and market dynamics continues to shape the future of cryptocurrencies.
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Ripple’s Asian Expansion and Tether’s New Addition
This week in crypto, Ripple partners with SBI Holdings to introduce RLUSD in Japan, while Tether welcomes Bo Hines to its team amidst significant market movements.
Bitcoin (BTC) Falls Below 112,000 USDT
As of August 24, 2025, Bitcoin has decreased by 3.40% in the last 24 hours, trading at 111,163.76 USDT, according to Binance Market Data.
Bitcoin (BTC) Falls Below 113,000 USDT
As of August 24, 2025, Bitcoin has dipped below 113,000 USDT, currently trading at 112,024.02 USDT, reflecting a 2.65% decline over the past 24 hours.
Bitcoin (BTC) Falls Below 114,000 USDT
As of August 24, 2025, Bitcoin has dipped below 114,000 USDT, currently trading at 113,805.90 USDT, reflecting a 1.12% decrease over the past 24 hours.
ETH Surges Past $4,900 as BTC Weakens
Ether has surpassed $4,900, reaching a new all-time high of $4,946, while Bitcoin shows signs of exhaustion. Analysts note increasing demand for ETH amid declining exchange reserves, although a short-term pullback may occur.
Shiba Inu Price Faces Potential Volatility Ahead
Shiba Inu’s price fell over 3% on Sunday, reflecting a broader market trend and declining whale activity, with top investors holding fewer tokens since August.
BNB Hits 881 USDT with Minimal 0.09% Drop
As of August 24, 2025, BNB has surpassed the 880 USDT mark, currently trading at 881.17 USDT, reflecting a slight decrease of 0.09% over the past 24 hours.
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