Money 💰 Crypto & Finance

IRS crypto boss Trish Turner resigns just 3 months into the role Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector executives who served about a year. 📱@Money📱Twitter

El Salvador has increased its holdings of 8 bitcoins in the past 7 days. Its current bitcoin holdings have reached 6,270.18, with a total value of US$737.7 million 🪙 📱@Money📱Twitter

🪙Bitcoin OG Swaps $300M BTC for ETH, Sees $100M+ Unrealized Gains A prominent Bitcoin investor deposited 300 BTC ($34.86M) into Hyperliquid to convert into ETH. They now hold 135,265 ETH ($581M) long at a $4,295 average entry, up $58M, and 122,226 ETH ($535M) spot at $4,377, up $42M. 📱@Money📱Twitter

Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidations 🐂 Bitcoin surged past the $117,000 mark, triggering significant liquidations of bearish positions and setting the stage for a potential push toward new all-time highs. 📱@Money📱Twitter

Powell’s comments sent $300M into Binance BTC futures, lifting open interest to $13.3B ⬆️ 📱@Money📱Twitter

Ether ETFs Stage $288M Comeback as Bitcoin Outflows Persist 🐷 After five consecutive days of Bitcoin ETF redemptions, totaling $194 million in outflows, Ethereum ETFs reversed course with a strong $288 million inflow—a notable shift in investor sentiment toward ETH-centered investment products. 📱@Money📱Twitter

⚠️Crypto Biz: Bitcoin Miners Hit by Tariffs, Polkadot Courts Wall Street, ETH Treasuries Surge US Bitcoin miners like CleanSpark and IREN face over $100 million in new tariffs—a 57.6% duty imposed on Chinese-made mining rigs—adding stress amid falling mining fees. Meanwhile, Polkadot launched a capital markets division to attract Wall Street interest in areas like DeFi, staking, and real-world assets. In addition, sports betting firm SharpLink added 143,595 ETH (≈$667M) to its treasury, while China is reportedly considering authorizing yuan-backed stablecoins, signaling a potential policy pivot. 📱@Money📱Twitter

SOL Short-Term Breakout Above $195, 24-hour Gain Reaches 7.31%🪙 SOL briefly surged above $195, and is currently trading at $195.94, representing a 24-hour price increase of 7.31%. 📱@Money📱Twitter

🗞 August 22 2025 cryptocurrency news highlights 【Cryptocurrency】 Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour. 【Economy】 🇵🇭 Philippines House introduces a bill to establish a strategic Bitcoin reserve 🙌 【Indicators】 ANAP Holdings increased its holdings by 6.26 BTC, bringing the total holdings to 1,006.31 BTC. 【More】 Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Are Pivoting Into Remittix (RTX) Before It Hits $1 📱@Money📱Twitter

Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour. According to market information, after Powell's dovish remarks, Bitcoin and Ethereum experienced a short-term breakthrough and surge. However, recently, the strong altcoins have seen mixed gains and losses, and have not shown a corresponding surge in Bitcoin and Ethereum. Among them: OKB fell by 2.31% in the past 1 hour, now trading at $213.63; SOL rose by 4.07% in the past 1 hour, now trading at $188.66; BIO rose by 13.68% in the past 1 hour, now trading at $0.2326. 📱@Money📱Twitter

🇵🇭 Philippines House introduces a bill to establish a strategic Bitcoin reserve 🙌 📱@Money📱Twitter

Opinion: Powell's speech tonight is expected to cause a 2% price swing in Bitcoin. Pulkit Goyal, head of trading at cryptocurrency market maker Orbit Markets, said, "BTC options are pricing in approximately 2.0% volatility around Powell's Jackson Hole speech. However, downside volatility seems more likely if Powell's comments contrast with the widely expected rate cut implications." (CoinDesk) 📱@Money📱Twitter