KLEA Crypto Daily: Sunday, August 10, 2025
Here’s a look back at the key stories from August 10, 2025.
Another Win for XRP as Ripple Secures New SEC Waiver, Accelerating Institutional Adoption
XRP gains fresh momentum after Ripple secures a new SEC waiver removing a Regulation D disqualification, paving the way for institutional integration, accelerating adoption, boosting capital-raising opportunities, and strengthening market confidence.
Ethereum’s Vitalik Buterin Back in Billionaire Ranks as Ether Climbs Past $4,300
Ethereum co-founder Vitalik Buterin has crossed the billion-dollar mark in onchain holdings as Ether breaks through the $4,000 level, with traders betting on a potential rally towards the record high of $4,878.
Bitcoin Price Watch: Bulls Eye $123K as Upper Resistance Nears
Bitcoin's price nears $123,000 with tight consolidation as traders anticipate a potential breakout or retracement, standing at $118,573 on Aug. 10, 2025.
El Salvador courts crypto’s deepest pockets with new banking law
El Salvador introduces an Investment Banking Law to attract high-net-worth and institutional investors, allowing licensed institutions with at least $50 million in capital to offer Bitcoin and other digital asset services, targeting international private capital influx.
Hybrid L2 BOB Raises $9.5 Million in Latest Funding Round to Advance Bitcoin DeFi Development
Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, has successfully raised a total of $21 million through a series of strategic funding rounds since December 2024, with recent backing from investors including Castle Island Ventures, Ledger Cathay Capital, Rockawayx, and Sats Ventures. The latest funding round raised $9.5 million, demonstrating strong confidence from investors.
Solana (SOL) Breaks $180 Barrier as $1.4B Staking Withdrawal Fuels Rally
SOL price surges 17% weekly to $181.31 amid massive staking withdrawals, while technical indicators show strong bullish momentum above all major moving averages.
India Detects Crypto Tax Evasion—Over 44K Notices Sent to Investors
India launches a massive cryptocurrency tax enforcement drive, targeting tens of thousands of investors and uncovering hundreds of crores in hidden income through advanced data-driven surveillance.
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Source: KLEA News