Crypto market news: fresh updates, price moves & insights today

What happened in crypto today?

Today’s Crypto Fear & Greed Index stands at 50 which is signaling a neutral sentiment in the market. Compared to last week’s 60 and last month’s 74, investor mood has shifted from greed to caution.

Source: Alternativeme

This shows traders are waiting for clarity before taking strong positions.

Today’s top 5 news highlights in short!

$91M Bitcoin Stolen in Exchange Scam

A Bitcoin investor lost 783 BTC valued at approximately $91 million in a serious social engineering attack on August 19, 2025. The scammers had impersonated support personnel from a cryptocurrency exchange and wallet provider and duped the victim into giving them the login credentials.

Source: X

The missing money was quickly transferred via Wasabi Wallet and divided between the several addresses in order to conceal the trail. The incident indicates the increasing threat of fraud in decentralised world as bogus support scams become increasingly prevalent.

SBI, Ripple & Startale Drive RLUSD Stablecoin Push

SBI Holdings is going big on blockchain . The firm has partnered with Ripple for the release of the RLUSD stablecoin in Japan by early 2026 via its SBIVC Trade platform.

Source: X

At the same time, SBI has partnered with Startale Group to develop a tokenized stock platform, allowing 24/7 trading and faster settlements. These updates lifted SBI’s stock by about 3.5%

Powell Speech to Shape Crypto’s Next Move

The Jackson Hole Symposium on August 22 has investors especially in decentralised world, closely watching Jerome Powell’s speech. Markets expect a possible rate cut in September but pressure from President Trump has fueled speculation of either a surprise cut or Powell’s resignation.

Source: X

Global asset market cap has already slipped to $3.85 trillion with Bitcoin trading lower amid uncertainty. Whatever Powell announces today could decide whether crypto turns bullish or bearish and  makes this one of 2025's most crucial moments.

Pi Hackathon 2025 Begins with 160K Pi Rewards

Pi Network has launched Hackathon 2025 which is its first major developer event in the Open Network era, running from August 21 to October 15 with a prize pool of 160,000 Pi. Over 2,100 developers from 100+ countries have registered and built apps that bring real utility such as payments, identity, and community tools.

Source: Official site

Top prizes include 75,000 Pi for the winner. With strong global interest the hackathon could boost Pi network ecosystem growth and long-term utility despite current price pressures.

India Crypto Rules Gain Ground as Ban Fades

India has taken a bold step towards crypto regulation with Parliament’s 254th Cybercrime Report. Instead of a ban the aim is now to create a legal framework to classify cryptocurrencies as digital assets that will  regulate stablecoins and bring exchanges under AML/KYC rules.

Source: X

The report shows rising scams and fraud losses of over ₹31,594 crore stressing the need for clear policies. This shift focuses on India’s intent to balance innovation with security and aligning its approach with global regulatory standards.

Conclusion

Today showed how fast the crypto market can change. From scams to new rules and projects, it’s clear investors need caution, but also optimism, as innovation keeps moving forward.