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🇺🇸 BESSENT: Going to stop selling Bitcoin holdings, worth around $15B–$20B. Not going to be buying, will use confiscated assets instead.
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🔥 BULLISH: BNB’s value exceeds $120B, placing it 181st worldwide.
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🔥NOW: Bitcoin surpasses Google in market cap, making it the 5th largest asset in the world.
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🇺🇸 LATEST: Eric Trump referenced his February call to buy $ETH at $2,900, asking critics, “How am I doing now?”
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🇺🇸 TODAY: President Trump said the Fed should lower interests rates to 1%.
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🔥 BIG: Bullish IPO hit $1.1B, oversubscribed 20x, with a $5.4B market value.
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🇺🇸 JUST IN: RWA tokenization platform OpenEden partners with BNY Mellon to manage and custody assets backing its Moody's "A"-rated tokenized US Treasury fund TBILL.
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🇨🇳 JUST IN: China urges local firms to avoid Nvidia’s H20 chips for government work, pushing domestic semiconductor adoption despite U.S. resuming sales.
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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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🚨JUST IN: In the past hour, $460M in positions were liquidated.
$439M long and $20M short.
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🔥LATEST: Cathie Wood’s Ark Invest bought 2,532,693 of Bullish shares worth $172M as the stock made its debut on NYSE.
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The Fight for Ethereum’s Soul | A Cointelegraph Documentary 🎬
Once the undisputed king of smart contracts, Ethereum faces undeniable challenges.
Can Ethereum's original ethos lead to a revival?
Watch the full documentary on YouTube 📽️👇
https://www.youtube.com/watch?v=20zFEDQdKl8
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🔥 BULLISH: Standard Chartered forecasts $ETH could reach $7,500 in 2025 and $25,000 by 2028.
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🔥 NOW: ETH at $4,700.
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🔥UPDATE: Polymarket users predict a 76% chance Ethereum will hit ATH by August 31.
$ETH is only about 5% away from hitting its previous all-time high.
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🇺🇸TODAY: SEC Commissioner Pierce says the SEC is not waiting for the legislation to work.
“We’re working on rulemaking and what we do will be consistent with whatever market structure legislation comes out.”
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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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