NEWS DIGEST – 15.08.2025 🚀
1. Markets Tumble Amid Hot U.S. Inflation Data
🔻 Bitcoin dropped ~2–3.8%, sliding below $119K, while Ethereum slid ~1.4–2.4%, with XRP tumbling around 3.2–6.4%—a broad-market pullback triggered by higher-than-expected U.S. wholesale inflation, clouding hopes for a Fed rate cut. Meme coins were hit hard: PEPE, SPX6900, and Fartcoin plummeted over 10%, while altcoins fell across the board; SKALE was one of the rare winners with nearly +48%.
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2. GameSquare Takes the Helm for AnimeCoin
🎮 GameSquare, a Texas-based esports and tech firm, has been named the agency of record for AnimeCoin Foundation, a niche blockchain project aiming to build an anime-themed ecosystem (think Anime.com, Animechain, anime avatars). The move taps into Gen Z and Gen Alpha crypto fandom—but experts caution about heightened volatility and hype in these niche tokens.
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3. U.S. Government’s Crypto Plans Update: No New Buys, No More Sales
🇺🇸 U.S. Treasury Secretary Scott Bessent confirmed that the government will not purchase additional crypto for its strategic Bitcoin reserve and intends to stop selling confiscated assets. The reserve, valued at $15B–$20B, will rely solely on seized Bitcoin going forward.
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4. Ex-Goldman Exec Charged in Crypto-Gambling Fraud
🚨 Richard Kim, a former Goldman Sachs and JPMorgan executive, faces federal securities and wire fraud charges after allegedly misusing over $4 million of investor funds—promised for blockchain-based casino development. Instead, he transferred nearly $3.8 million into his personal crypto accounts and gambled it away. He also misled investors to hide the losses. If convicted, Kim could face decades in prison.
