News

Insights into the biggest events shaping the crypto industry.

22 / Aug 11 hours ago Daily Market Wrap | Aug. 22 Hot Topics State Street joined JPMorgan’s blockchain platform, anchoring a $100M tokenized debt transaction for OCBC. Brazilian lawmakers are debating Bill 4501/2024 to allocate 5% of the nation’s treasury to a Strategic Bitcoin Reserve. SBI Holdings and Startale partnered to build a blockchain platform for tokenized stock trading with 24/7 global access. Market Updates Bitcoin traders sold off, driving a 10% price drop from $124,290, bracing for a potentially hawkish Powell speech at Jackson Hole. Bitcoin faces slightly above-average volatility, with a ±2.0% price move expected, as traders brace for Powell’s Jackson Hole speech. Hyperliquid dominates DeFi derivatives with over 80% market share, processing $30B daily, driven by its on-chain order book and dual-chain design. Stripe's Bridge and M0 Protocol teamed up to issue MetaMask's mUSD stablecoin, using Bridge’s regulatory expertise and M0’s blockchain tech.
21 / Aug 12:59Daily Market Wrap | Aug. 21 Hot Topics U.S. Commerce expanded steel and aluminum tariffs to over 400 products, effective immediately. Rep. Angie Craig says Trump family’s crypto ventures block Democratic support for the Clarity Act, urging stronger conflict-of-interest provisions. Market Updates Altcoin prices and "alt season" search interest dropped sharply, with the CMC Altcoin Season Index at 41/100 and Bitcoin dominance at 58.98%. Ye's YZY memecoin on Solana surged 6,800% to a $3B market cap but fell to $1 amid insider trading concerns. SoFi partnered with Lightspark to enable Bitcoin Lightning remittances, launching in 2025. Kraken acquired Capitalise.ai to add no-code trading strategy tools to its Pro platform.
20 / Aug 12:13Daily Market Wrap | Aug. 20 Hot Topics Wyoming launched the Frontier Stable Token, the first fully-reserved U.S. dollar stablecoin by a public entity, on seven blockchains. Fed's July 2025 meeting showed dissent, with Bowman and Waller pushing for rate cuts. SEC delayed rulings on crypto ETFs, including XRP, Solana, and Truth Social’s Bitcoin-Ethereum fund, to October 2025. Fed Vice Chair Michelle Bowman urged banks to adopt crypto and advocated for clear, tailored regulations in a pro-crypto speech. Ark Invest bought $21.2M in Bullish and $16.2M in Robinhood shares on Tuesday, despite a broad decline in crypto stocks. Market Updates Bitcoin whales accumulated 20,000 BTC amid a 6.22% price drop to $114,971. SkyBridge Capital plans to tokenize $300M of its hedge funds on Avalanche using the ERC-3643 standard, partnering with Tokeny and Apex Group. Pump.fun surpassed $800M in revenue, regaining lead over LetsBonk as top memecoin deployers return.
19 / Aug 11:53Daily Market Wrap | Aug. 19 Hot Topics US and Europe are working on Ukraine’s military security guarantees for a potential Putin-Zelenskiy meeting. Powell’s Jackson Hole speech on August 22, 2025, may boost or break markets based on rate-cut signals. Volatility across crypto, gold, treasuries, stocks, and FX dropped sharply before Powell’s Jackson Hole speech on August 21-23, 2025. South Korea’s FSC suspended new crypto lending products, citing risks to users and market stability after a $1 billion liquidation event. Volkswagen Singapore partnered with FOMO Pay to accept crypto payments for vehicles and services on August 14, 2025. Market Updates Crypto ETPs saw $3.75B inflows last week, with ETH driving 77% ($2.9B) and record $17B ETF volume. SOL Strategies set a new record with 6,031 unique validator wallets staking on the Solana network.
18 / Aug 11:16Daily Market Wrap | Aug. 18 Hot Topics FED terminated its 2023 crypto and fintech bank oversight program, shifting supervision to standard regulatory frameworks. Grayscale filed to convert its Dogecoin Trust into an ETF, ticker GDOG, on NYSE Arca, pending SEC approval. UAE airlines like Emirates and Air Arabia now accept cryptocurrency for flight bookings Zelenskiy and European allies meet Trump on August 18, 2025, to discuss Russia peace deal and security guarantees. Japan’s FSA is set to approve JPYC’s yen-pegged stablecoin this fall, targeting $6.78B issuance over three years. Market Updates Wellgistics Health Inc. launched an XRP Ledger-based payment system for 6,500 pharmacies for instant, low-cost drug payments. Gemini filed for an IPO on August 15, 2025, to list Class A shares on Nasdaq under GEMI, with the Winklevoss twins retaining control.
15 / Aug 10:58Daily Market Wrap | Aug. 15 Hot Topics July 2025 U.S. PPI surged 0.9% monthly and 3.3% annually, exceeding forecasts, causing Bitcoin to drop below $119,000 and Ether to fall 4% to $4,550. Chicago Fed's Goolsbee urges waiting a few months for inflation data before cutting rates. Treasury Secretary Scott Bessent confirmed the U.S. will explore buying more Bitcoin for its Strategic Reserve. U.S. banking groups urge fixes to the GENIUS Act, citing risks from weak stablecoin interest payment rules, while Coinbase’s Paul Grewal denies any loophole. Market Updates Canary Capital registered the Canary Trump Coin ETF in Delaware to track the TRUMP memecoin, pending SEC filing. TeraWulf’s shares jumped 50% after a $3.7B AI compute deal with Fluidstack, backed by Google’s $1.8B and 8% stake. Coinbase and Mercuryo cut USDC fees by up to 50% for MetaMask users on Base, following Circle’s USDC-native Layer 1 plan.
14 / Aug 12:01Daily Market Wrap | Aug. 14 Hot Topics Bitcoin surpassed $124,000, setting a new all-time high, driven by anticipation of a September interest rate cut and strong institutional demand. Kazakhstan’s Fonte Capital launched Central Asia's first spot Bitcoin ETF, BETF, on August 13 on the Astana International Exchange. Trump signed an order on August 13, 2025, easing space industry regulations to speed up rocket launch licensing. Market Updates Coinbase lost $300,000 to MEV bots exploiting a misconfigured 0x swapper contract. MetaMask is set to launch its USD-pegged stablecoin, mUSD, with assistance from Bridge and Blackstone. Ethereum DEXs outpaced Solana with $24.5B in 48-hour trading volume, fueled by institutional demand and ether ETF inflows. NFT market cap hits $9.3B, fueled by Ether surge.
13 / Aug 12:15 Daily Market Wrap | Aug. 13 Hot Topics Ether climbs to $4.7k after Trump’s comments and growing Fed rate cut expectations. Trump’s tariff exemption on gold bars led to a 2.4% drop in U.S. gold futures to $3,407 and a 1.2% decline in spot gold to $3,357. Trump signed an executive order extending the U.S.-China tariff truce by 90 days, preventing tariffs on Chinese goods from escalating. U.S. consumer price index rose 0.2% monthly and 2.7% annually in July 2025, below the expected 2.8%. Market Updates OKX will burn 65.26 million $OKB tokens, cap supply at 21 million, and upgrade its smart contract, sparking a 170% price surge to $124. Do Kwon pleaded guilty to fraud in the $60B TerraUSD/Luna collapse, facing up to 25 years and $19.3M forfeiture.
12 / Aug 10:48Daily Market Wrap | Aug. 12 Hot Topics Singapore Exchange plans to launch crypto perpetual futures for institutional investors, pending MAS approval. Global crypto market reached an all-time high of $4.1 trillion, driven by surges in Bitcoin and Ethereum. RBA Governor Michele Bullock signaled a few more interest rate cuts after the bank unanimously lowered its key rate to 3.6%. Market Updates Bitcoin's market capitalisation surpassed Amazon's at $2.45 trillion, ranking sixth globally behind gold and real estate. Bitcoin surpassed $122,000 and Ethereum rose 20% to over $4,300, with $57B in options signalling caution before the US CPI release. S&P Global Ratings assigned Sky Protocol a B-credit rating, marking the first time a major agency rated a DeFi protocol.
11 / Aug 11:06Daily Market Wrap | Aug. 11 Hot Topics El Salvador’s Investment Banking Law allows investment banks to hold Bitcoin and offer crypto services to sophisticated investors. The U.S. national debt surpassed $37 trillion in August 2025. Fundamental Global filed a $5B shelf registration to acquire up to 10% of Ethereum. Montenegro proposed €500M in bonds to create a national Bitcoin reserve. Trump's tariffs raised the U.S. average tariff rate to 20.11% by August 2025. Market Updates Bitcoin bulls tested the $122,056 Fibonacci resistance level, aiming for $140,000 or risking a deeper correction. Ethereum jumps over 20% following Pectra upgrade. DeFi liquidity reached a record $270 billion in July 2025, while NFT decentralized applications slightly surpassed DeFi in user activity. Zora surged 50% to over 13 cents as large purchases and new perpetual contracts boosted trading volume.