Risk-On Rules as CPI Fails to Dent Rally: Crypto Daybook Americas
2025-08-13 11:36
Your day-ahead look for Aug. 13, 2025
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Your day-ahead look for Aug. 13, 2025
South Korean government accelerates cryptocurrency reform, focusing on stablecoin regulation According to Cryptonews, the South Korean government is accelerating cryptocurrency reform, with a focus on regulating stablecoins. President Lee Jae ming has listed "building a digital asset ecosystem" and "developing the domestic cryptocurrency market" as national tasks, and the Presidential Office has announced relevant plans to promote industry development.
Micro strategy holds Bitcoin with a market value of 77.2 billion US dollars According to Golden Finance, Michael Saylor's micro strategy company currently holds a Bitcoin market value of $77.2 billion, reaching a historic high.
Bitfarms purchases US land to develop HPC, closes Argentine mine Bitfarms purchased land in Washington and Pennsylvania for $5.4 million for high-performance computing development. At the same time, due to power supply disruptions, the company closed its mines in Argentina and reached an agreement with energy suppliers to gradually recover $3.5 million in deposits and cancel $2.8 million in asset retirement obligations.
Trump reduces the number of Federal Reserve Chairman candidates to three to four According to Jin Shi's report, Trump has stated that he will appoint a new chairman of the Federal Reserve as soon as possible, and the current candidate pool has narrowed down to three to four.
The United States has cracked a million dollar payment fraud case involving cryptocurrency money laundering According to official documents, the Northern California Federal Prosecutor's Office announced on August 13th that a large-scale payment fraud case involving cryptocurrency money laundering has been solved. The prosecutor accuses 8 suspects of infiltrating the account system of a mobile shopping service platform through phishing tactics, using fake orders and digital payment cards to extract funds, and then converting them into cryptocurrency for money laundering by purchasing gift cards, ultimately converting the funds into US dollars. The amount involved exceeds 1 million US dollars. All defendants have been arrested and released on bail, and will be tried in Auckland Federal District Court on August 25th.