Top 5 Crypto News Highlights of the Week

A week filled with major events in the cryptocurrency sphere. Explore the top 5 must-know news stories that have dominated the headlines.

Written by Charles Ledoux

Adapted by August 24, 2025 at 09:14 by Simon Dumoulin

Copié

Bullish’s Billion-Dollar IPO Shakes Up Stablecoin Market and Crypto Space

Cryptocurrency exchange platform Bullish has completed a record-breaking IPO raising $1.11 billion. The stablecoin EURAU played a central role in this operation, highlighting the growing importance of stabilized crypto assets in the global financial system.

This development marks a significant step toward a more integrated and efficient financial system, where stablecoins will have an essential role to play.

BitMine Emerges as New Crypto Treasury Giant with Ethereum

BitMine Immersion Technologies is now one of the most liquid stocks in the United States, with an average daily trading volume of $6.4 billion. But that’s not all: the company currently holds 1.15 million ETH, worth more than $5 billion. Propelling it to the status of the world’s largest Ethereum treasury.

TOM LEE JUST BOUGHT $45 MILLION OF $ETH

BITMINE HOLDS $7 BILLION USD OF ETHEREUM

AND THEY’RE STILL BUYING pic.twitter.com/O0rNnSEKGT
— Arkham (@arkham) August 23, 2025

Its CEO views Ethereum as a long-term strategic investment, anticipating major disruptions to the financial system through blockchain and artificial intelligence.

Tether Recruits Trump Ally for Strategic Expertise

Stablecoin giant Tether has recruited Bo Hines, former head of the Digital Assets Council at the White House, to advise on its U.S. strategy.

This hiring of a political heavyweight should enable Tether to navigate the regulatory landscape across the Atlantic with greater agility.

Solana Sets New Crypto Transaction Record

The Solana network has reached more than 100,000 transactions per second, an impressive technical feat. However, the majority of these transactions were “Noop” transactions, with no real impact on the network.

🚨 Solana did NOT “hit 100,000 TPS.”

It gamed the numbers in typical Solana fashion!

On August 17th a Solana dev ran a stress test on mainnet.

They blasted the chain with blocks filled almost entirely with “no-op” transactions.

No-ops are dummy instructions that do NOTHING.… pic.twitter.com/w4UEVPFGZI
— DBCrypto (@DBCrypt0) August 22, 2025

Under real-world usage conditions, Solana currently maxes out at approximately 3,600 TPS, still a remarkable figure but less spectacular than the announced record.

Binance Coin (BNB) Establishes New All-Time High

While the crypto market remains largely stagnant, Binance Coin (BNB) has reached a new absolute record of $884, representing an increase of 11% in just 30 days. This performance is accompanied by a marked decrease in BNB reserves on centralized exchange platforms, generally interpreted as a bullish signal.

This week has been rich in major events that will shape the future of cryptocurrencies and digital finance. From Bullish’s record-breaking IPO to the impressive performance of Binance Coin, through Tether’s strategic developments and Solana’s technical prowess. The crypto ecosystem continues to structure itself and establish its position as an essential player in the global financial landscape.

Buy your crypto on Bybit and earn $20!

On the same topic:

Charles Ledoux

Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.

DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.