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16 Aug 2025

Crypto News – August 16th : #Bitcoin Eyes $400K Year-End

Crypto News - August 16th : #Bitcoin Eyes $400K Year-EndRonin Returns to Ethereum as L2 Ronin, built for Axie Infinity, is moving back to Ethereum due to faster speeds and lower fees. The switch, set for mid-2026, aims to attract investors and boost blockchain use. https://cointelegraph.com/news/axie-infinity-ronin-coming-back-ethereum DCG Sues Subsidiaries Over $1.1B DCG, a major crypto player, sues its subsidiaries for $1.1B over a promissory note tied to a failed investment. The case highlights deep industry tensions. https://cointelegraph.com/news/digital-currency-group-lawsuit-genesis-promissory-note Fed Ends Banks’ Crypto Oversight The U.S. Fed is stopping its special crypto bank monitoring program. With more understanding of crypto risks, banks will now be overseen using regular methods, marking a regulatory shift. https://cointelegrap

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