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⚡️JUST IN: U.S. CPI comes in at 2.7% YoY, Core CPI at 3.1%
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🔥 JUST IN: Circle unveils Arc, a USDC-native Layer 1.
Public testnet launches September to November 2025.
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🔥 BULLISH: “Stablecoins could massively expand Visa’s addressable market.” – Cuy Sheffield, on a $2T market opportunity
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🇺🇸 BIG: President Trump has signed an executive order extending the China tariff deadline by 90 days.
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🇺🇸 JUST IN: Paxos has applied for a U.S. national trust bank license, joining Circle and Ripple.
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🚨 NOW: A whale deposited 6M $USDC into Hyperliquid to avoid liquidation as $BTC broke above $122,000.
Current position: 1,266.84 $BTC ($154M) with liquidation price at $127,780 and $12.5M loss.
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📊LATEST: Polymarket users predict a 57% chance $ETH will hit an all-time high before October.
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⚡ FLASHBACK: This is now worth $198M.
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🔥 MASSIVE: $310B added to the crypto market in the last 7 days.
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🔥 BULLISH: Michael Saylor says you can’t tariff Bitcoin like gold.
“Bitcoin is digital gold. Bitcoin lives in cyberspace. No tariffs in cyberspace.”
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🇺🇸 TODAY: Crypto and AI Czar David Sacks says more than 90 million American workers will have access to alternative assets including crypto following President Trump’s executive order today.
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⚡️JUST IN: GPT-5 is live.
OpenAI says the new model delivers major upgrades in coding and content generation.
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📊 NEW: The number of crypto professionals paid in crypto has tripled in 2024, with 9.6% now receiving salaries in digital assets.
Circle's USDC leads at 63% of all crypto payrolls, per Pantera Capital report.
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🔥 BULLISH: Robert Kiyosaki says Bitcoin is the “easiest millions” he’s ever made, calling it a brilliantly designed asset that anyone can use to build wealth.
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🇺🇸 JUST IN: Robinhood US lists $ONDO and $FLOKI.
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Cointelegraph presents: The Fight for Ethereum’s Soul
Can Ethereum overcome competition from new-age L1s and navigate its complex relationship with Layer 2s?
Catch the premiere TODAY (1PM UTC) on Cointelegraph's daily X space #CHAINREACTION.
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⚡️LATEST: Sam Altman accuses Elon Musk of manipulating X.
Musk fires back, calling him a liar.
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🇰🇷 BULLISH: South Korean investors bought $259M of BitMine in July, making it their top overseas stock.
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🔥 BULLISH: Ethereum has hit $4,350, surpassing Netflix and Mastercard in market capitalization.
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🚨BULLISH: Global M2 money supply is on the rise.
Will $BTC follow?
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⚡️ WATCH: Key Upcoming Events This Week
• OPEC Releases Monthly Report – Tuesday
• July CPI Inflation data – Tuesday
• July PPI Inflation data – Thursday
• July Retail Sales data – Friday
• MI Consumer Sentiment data – Friday
• 5 Fed speaker events – Friday
What direction will the markets take this week?
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🔥 BULLISH: $BTC has closed above $100K every day since the 8th of May.
That's 95 daily closes above $100K
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🚀MUSK: Whoever owns the early $BTC deserves a Nobel Prize in delayed gratification.
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🔥 HUGE: The $ETH ETFs saw $461M in net inflows while the $BTC ETFs saw $403M in net inflows yesterday.
These are the largest inflows since July.
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🚨 TODAY: $119M in ETH liquidated in 24 hours.
Shorts $91M, longs $28M.
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⚡ INSIGHT: The former NFT blue chip project Moonbirds is surging again under new leader Spencer — an NFT trader with a builder's mindset.
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🔥 NEW: Chainlink launches Chainlink Reserve funded with $LINK.
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⚡️TODAY: Tom Lee thinks $ETH could go $16,000 based on the ratio of ETH/BTC during its 2021 high.
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🇺🇸 ETF FLOWS: Around $196.2M of $BTC were sold and $73.3M of $ETH were bought on Aug. 5.
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🇮🇩 BIG: Indonesia’s VP office met with Bitcoiners to discuss $BTC’s role in economic strategy.
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