Michael Saylor’s brief Bitcoin message — “Ignore the Bears” — urged holders to hold through volatility and buy dips; Strategy added 430 BTC this week. The statement reinforced Saylor’s long-term
Zug, Switzerland, August 20th, 2025, Chainwire Ika , the fastest MPC network, today announced a Request for Proposals (RFP) designed to showcase applications that were not possible before, and are not possible anywhere else today. By letting Sui smart contracts natively control assets across other blockchains, Ika unlocks entirely new design spaces for builders. Why it’s only possible on Ika + Sui Ika’s zero-trust MPC network, with its novel 2PC-MPC cryptographic scheme, integrates directly with Sui, turning Sui into a global coordination layer for secure, programmable cross-chain actions - without bridges, wrapped assets, or custodians. Sui builders can now orchestrate native assets from Bitcoin, Solana, EVM, and more, opening entirely new product categories rather than incremental upgrades - and while always keeping the user in control. "These use cases are extraordinary, and they highlight Sui’s role as the global coordination layer for Web3 and beyond" said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs. "With Ika, Sui developers can now orchestrate assets and logic across ecosystems in ways that were never before possible." Breaking New Ground Across Categories The first wave of Ika RFP highlights twelve projects that push into design spaces only Ika + Sui can unlock, for example: 1. Reinventing Finance with Native Assets Ika enables DeFi primitives that work directly with assets like BTC and ETH, without wrapping or custodians. A Zero-Trust Multi-Chain Lending Protocol that allows borrowers to post a native asset such as BTC (or even an entire account holding a staking position) as collateral to borrow any other native asset e.g. a stablecoin on Solana, all enforced by Sui smart contracts. A Programmable Native Bitcoin DeFi Layer that turns Bitcoin into a programmable asset, enabling lending, swaps, and yield strategies natively. 2. Redefining Ownership and Marketplaces Ika extends what can be transferred, traded, and valued across chains. An Account Marketplace goes beyond tokens, enabling the secure transfer of entire blockchain accounts - from gaming wallets to governance positions. A Revenue Stream Marketplace tokenizes future cash flows from protocols or validators, opening new markets and new financing models and opportunities for on-chain income. 3. Next-Gen Infrastructure for Users, DAOs, and AI By enforcing rules at the dWallet level, Ika + Sui make new models of coordination possible. Wallet-as-a-Protocol (WaaP) lets any application integrate onboarding and signing without custodians, decentralizing the popular WaaS model by implementing it on Sui with Ika. A Multi-Chain DAOs Platform enables DAOs to natively manage assets and governance across ecosystems, even making DAO mergers and acquisitions possible. An AI Agent Access Control Framework provides decentralized guardrails for AI agents, allowing them to act across chains securely. Together, these projects demonstrate how Ika + Sui are not improving existing categories. They are creating entirely new ones. Invitation to builders Selected proposals will receive funding, technical support, and ecosystem visibility to ship production-grade applications that prove what’s only possible on Ika + Sui. "We’re incredibly excited to expand the pool of builders working with Ika," said David Lachmish, Co-Founder of Ika. "The projects in this RFP are more than experiments, they have the potential to become the next wave of crypto giants, powered by capabilities that simply don’t exist anywhere else." About Ika Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and zero-trust security. As the premier choice for interoperability, decentralized custody, and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi. Users can learn more here . ContactIka PRpr@ika.xyz Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
As of Aug. 20, 2025, bitcoin is trading for between $113,524 and $113,882 per coin over the last hour, with a 24-hour intraday price range between $112,647 and $115,789. The leading cryptocurrency commands a $2.26 trillion market cap and saw $45.41 billion in trading volume over the past day, as price consolidates near a crucial
On-chain data shows an XRP whale dump of roughly 700 million XRP—about $1 billion—moved from 10M–100M-XRP wallets, driving price from $3.35 to $2.85 on Aug. 20 and turning $3.10 from
Bitcoin fell below $113,000, hitting a 17-day low, and retail crypto investors were also bearish. At this point, analysts at cryptocurrency analysis platform Santiment said that retail investors are going with the market flow after Bitcoin failed to recover and fell below $113,000. Over the past 24 hours, retail investors have displayed their worst bearish sentiment on Bitcoin on social media in almost two months, data shows. On this point, Santiment noted that the last time such a strong negative trend occurred was on June 22, when the US launched airstrikes on Iran due to the Israeli conflict. Santiment noted that market sentiment has entered the “crowd-threat” zone, a positive sign for patient investors waiting for an opportunity to buy or add. In context, analysts emphasized that such market conditions signal that a positive recovery for Bitcoin is imminent. Santiment analysts stated that the market moved contrary to their expectations and said the downward trend was an opportunity and said, “You can buy when fear is at its peak.” In particular, Bitcoin's reaction to a similar event two months ago further reinforces the narrative that Bitcoin has bottomed out. On June 22nd, when the market entered a severe bearish period, BTC fell to $98,330. However, it subsequently recovered 26% from the decline to reach its current all-time high. *This is not investment advice. Continue Reading: Santiment Shares Historical Bottom Signal for Bitcoin (BTC)! "It Happened Two Months Ago!"
The crypto market is abuzz as August brings a perfect storm of volatility, speculation, and opportunity. With the presale of Layer Brett’s $LBRETT generating intense FOMO, investors are closely watching Bitcoin price prediction charts while bracing for the next big shift in Ethereum. This month’s top viral memecoin is rapidly capturing attention, fusing the power of Ethereum Layer 2 scaling with meme energy. The ongoing crypto presale of $LBRETT, now at just $0.0044, has analysts projecting that early backers could see 100x returns—if current momentum holds. Bitcoin price prediction and market dynamics With BTC recently hitting a new all-time high of $114,128.35 and trading above $118,800, the Bitcoin price prediction narrative is at the forefront. Analysts forecast continued volatility for BTC, with price ranges between $115,661 and $122,730 this month. Despite bullish sentiment—reflected in a Fear & Greed Index score of 60—investors are wary of sharp swings as market momentum builds. As BTC maintains its dominance, many are looking to diversify into next big crypto opportunities and trending cryptocurrencies like Layer Brett. Ethereum crash warning: What’s next for ETH? Ethereum, priced at $3,883, is facing both renewed optimism and caution. While forecasts suggest a potential rise to $4,737 by mid-September, volatility remains a concern. The lack of major protocol updates or partnerships in the last two months has led some to warn of a possible Ethereum crash if market sentiment turns. Still, Ethereum Layer 2 solutions—like Layer Brett—are driving renewed interest in scalable DeFi and Web3 ecosystems. Why the crypto community is getting behind Layer Brett The viral momentum of Layer Brett is fueled by its blend of meme power, Layer 2 blockchain tech, and real staking utility. Unlike traditional memecoins or ERC-20 tokens with no use case, $LBRETT delivers massive staking rewards, gamified NFT integrations, and transparent tokenomics with a 10 billion max supply. The project’s roadmap includes expansion into NFTs, staking games, and DAO governance, ensuring long-term engagement. Generic and trending keywords such as staking crypto, DeFi, low gas fee crypto, crypto governance, and next 100x meme coin are all part of the Layer Brett narrative. Its seamless wallet integration and simplified staking process appeal to new and seasoned investors alike. Why Layer 2 gives Layer Brett the edge Layer Brett is not just another meme token. It’s purpose-built on Ethereum Layer 2 infrastructure, providing high-speed, low-cost, and scalable transactions—something that sets it apart from many altcoins and DeFi coins. As congestion and high gas fees continue to plague Ethereum Layer 1, Layer Brett offers a real escape. Its architecture processes transactions offchain while remaining anchored to Ethereum, ensuring decentralization and security. Transactions confirm in seconds and cost mere pennies, a stark contrast to the $10–$20 fees often seen on congested networks. Conclusion: Urgency for early backers Layer Brett is still in presale —but not for long. With a lower market cap than BTC or ETH and a community-driven approach, it offers a rare chance for 100x growth in the anticipated 2025 crypto bull run. Don’t miss the opportunity to buy and stake $LBRETT for potentially life-changing APYs and take part in the $1 million giveaway. The next viral meme coin could make August historic for crypto investors. Get in now to stake, earn massive rewards , and ride what could be the most scalable meme project ever to launch on Ethereum Layer 2. Website: https://layerbrett.com Telegram: https://t.me/layerbrett X: (1) Layer Brett (@LayerBrett) / X
SoFi announced it will add Bitcoin’s Lightning Network to its app, becoming the first U.S. bank to use the technology for money transfers. This move lets millions of SoFi members send money abroad faster, cheaper, and with clear fees. SoFi has partnered with Lightspark, the Bitcoin infrastructure company created by former PayPal president David Marcus, to introduce blockchain-powered payments into its mobile banking app. This will make it easier for millions of its members to avoid the delays and high costs of sending money abroad using traditional remittance services. SoFi is now the first U.S. bank to integrate the Bitcoin Lightning Network and the Universal Money Address (UMA) system into everyday banking tools. SoFi touts 24/7 cross-border payments, instant transfers with Bitcoin The rollout will begin in Mexico before expanding to other regions where cross-border transfers are common and families depend on steady financial support from loved ones working abroad. The service works by converting dollars into Bitcoin at the current market rate and routing it across the Lightning network. The Bitcoin is then converted into the local currency, like Mexican pesos, once it reaches its destination country and is deposited directly into the recipient’s bank account. SoFi is also using the Universal Money Address (UMA) system to replace the complicated account numbers and routing codes with a simple email-style identifier. This way, members can send money by typing in something that looks like an email address instead of copying long numbers or worrying about making a small mistake that could delay a transfer. SoFi also promised to be transparent and competitively priced to avoid the hidden costs common in traditional remittance services, where providers use poor exchange rates to take extra profits. The company said costs will be below the U.S. national average for remittances for better savings. The service will also be available 24 hours a day, seven days a week, every day of the year, without delays caused by weekends, bank holidays, or limited operating hours. SoFi leads U.S. banks in using Bitcoin for global payments SoFi’s Chief Executive Officer, Anthony Noto, said the ability to move money quickly , transparently, and at a lower cost will change the financial lives of many members. The global remittance industry is valued at around $740 billion. Still, many services that handle international transfers charge high fees, sometimes hidden in poor exchange rates, and take several days to complete transactions. SoFi wants to offer a faster, more transparent, and less costly alternative by adopting the Bitcoin Lightning Network and UMA. This move aligns with broader trends in the crypto payments space. Coinbase integrated Lightspark’s Lightning rails to provide faster Bitcoin payments on its platform in April 2024. About 15% of all Bitcoin transactions on Coinbase were processed through the Lightning Network within the first year. As previously reported by Cryptopolitan , Brazil’s Nubank, with over 100 million customers, also partnered with Lightspark in mid-2024 to explore Bitcoin Lightning payments. However, it hasn’t yet fully rolled out those services to its users. Analysts say SoFi’s move could pressure other American banks to integrate Bitcoin and blockchain. These banks have avoided Bitcoin beyond offering trading or investment products, partly because of the regulatory uncertainty and risks or speculation often associated with it. SoFi is proving that the technologies have real-world applications that improve financial services instead of disrupting them from the outside. The smartest crypto minds already read our newsletter. Want in? Join them .
SoFi has teamed up with Lightspark to launch a blockchain-powered international payments service inside its app. The system converts U.S. dollars into Bitcoin in real time, moves the funds through the Lightning Network using Universal Money Address (UMA) technology, and instantly changes it back into local currency for the recipient. Transfers will first be available to Mexico later this year, with plans to expand worldwide. This move comes as SoFi reintroduces crypto after halting trading in 2023 to secure its national banking license. With clearer regulations, the company now plans to offer Bitcoin and Ethereum trading again, along with future products like stablecoins, staking, and crypto-backed loans. Lightspark’s UMA system is key to the rollout, making money transfers faster, cheaper, and more secure . UMA works like an email address for money, allowing instant and simple cross-border payments even between different providers.
Bitcoin permabull Saylor has given three-word guidance to BTC community