Bitcoin News Today: Brazil Considers Bitcoin Reserve as Global Crypto Policies Shift

Brazil is preparing to explore the feasibility of establishing a national Bitcoin reserve, with a public hearing scheduled for August 20, 2025, marking a potential milestone in the country’s engagement with cryptocurrency [1]. Meanwhile, in the United States, Donald Trump is expected to sign an executive order addressing alleged discrimination by banks against crypto firms, mandating federal regulators to investigate the practice and ensure compliance with U.S. financial laws [2]. This move reflects a growing political shift toward supporting the crypto industry.

Ripple continues to make waves in the crypto market. Following a recent two-week losing streak, XRP has rebounded, fueled by growing institutional interest and the company’s push for U.S. banking status. Reports also highlight that $100 billion has been invested in blockchain technology by traditional financial institutions between 2020 and 2024, signaling broader acceptance of the technology [3]. Additionally, 86% of market participants are betting on the approval of an XRP ETF, further indicating confidence in its future.

The Base Layer 2 network has achieved a significant milestone by surpassing Solana in the number of launched tokens, demonstrating its growing influence in the blockchain ecosystem [4]. This development is part of a broader trend of Layer 2 solutions gaining traction as developers seek to scale blockchain networks efficiently.

Arthur Hayes, former CEO of BitMEX, has warned of a potential 19% correction in Bitcoin’s price, citing weak employment data as a key factor. His prediction highlights ongoing market volatility and the influence of macroeconomic conditions on crypto asset prices [5].

Coinbase has announced a $2 billion convertible bond offering in response to a decline in second-quarter revenue, indicating the company’s strategy to strengthen its balance sheet amid challenging market conditions [6]. In contrast, Ether ETFs experienced a record outflow of $465 million in a single day, raising questions about investor sentiment and the sustainability of Ethereum-based products [7].

The crypto landscape is further evolving with new developments in decentralized finance (DeFi) and education. A recent article on Coinpaper provides a detailed explanation of crypto derivatives, emphasizing their role in enabling risk management and price speculation in digital assets [8]. Additionally, platforms offering crypto staking services are being highlighted as a means for investors to generate passive income in 2025 [9].

As the crypto industry continues to mature, regulatory scrutiny remains a key challenge. In the Philippines, the Securities and Exchange Commission has issued warnings against unlicensed exchanges such as OKX and Bybit [10]. These actions underscore the growing need for compliance and transparency in the global crypto market.

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Source:

[1] Brazil Weighs National Bitcoin Reserve Proposal (https://coinpaper.com/)