Crypto, Forex & Blockchain News

Bitcoin ETFs saw a resurgence after a six-day streak of outflows with $219 million in daily inflows, indicating an investor sentiment shift. Prominent inflow drivers were Fidelity’s Wise Origin Bitcoin Fund and BlackRock’s iShares Bitcoin Trust. The market sentiment also returned to greed, following speculations of a possible rate cut in September.

Cryptocurrency investors rejoice as Federal Reserve Chair Jerome Powell hints at potential rate cuts, sparking a surge in Bitcoin and proxy stocks like Strategy and Coinbase. Traders are betting on a higher chance of a quarter percentage rate cut in September due to Powell’s dovish speech. The rebound in the world’s largest cryptocurrency reflects the increased appetite for risk assets in the face of potentially lower rates.

Zebec Network experiences a powerful bounce from key support levels with a significant increase in volume and bullish momentum. The report discusses the reaffirmed bullish structure of ZBEC Network, potential for an explosive rally, and the importance of high timeframe support for continued bullishness. Also discussed are key technical points, market structure, and what to expect in the coming price action.

Following the signing of the GENIUS Act into law by President Donald Trump on July 18, there has been significant growth and stability in the US stablecoins market. This law provided the first comprehensive framework to regulate stablecoins in the United States, resulting in an $18 billion increase in the stablecoin market cap. Key regulated stablecoins include Tethers USDT and Ethena’s USDE. The trend also signals increased demand for tokens with inbuilt yield despite legislative restrictions. The GENIUS Act has been widely praised and is seen as transformative legislation in the crypto industry.

Discover how Chainlink’s LINK token has become one of the best-performing altcoins following the launch of the Chainlink Reserve. With a substantial increase in value and lofty future goals, it’s quickly securing a high-ranking position among cryptocurrencies. Learn about the reserve’s aim to support network expansion and sustainability, and the impressive number of LINK tokens it already holds.

Michael Saylor’s Strategy, the largest public Bitcoin holder, acquired 3,081 Bitcoin for $356.9 million as the price dropped to $112,000 last week. With this purchase, Strategy now holds 632,457 BTC, purchased for about $46.5 billion at an average price of $73,527 per coin. Many are wondering if Strategy will continue to buy during dips or limit its acquisitions. The company has also revised its 2025 Bitcoin Key Performance Indicator (KPI) targets.

Japan’s Finance Minister Katsunobu Kato highlights the importance of cryptocurrencies in diversified investment portfolios during Web3 Conference WebX 2025, aiming to develop a robust trading environment. Amid calls for revising crypto taxation, Bitcoin company Metaplanet has been upgraded to a mid-cap stock by index provider FTSE Russell, signalling increasing adoption of blockchain technology by Japanese financial firms.

Bitcoin traders prepare for Federal Reserve Chair Jerome Powell’s anticipated speech, highlighting possibilities of a potential interest rate cut in September. Bitcoin is reportedly down by approximately 10% since August 14, hinting at traders’ bearish tendencies across time horizons. The report suggests that bitcoin’s ‘secular bull’ is still in effect, even as analysis of Coinbase-Binance suggests ‘strong US spot selling’. Future rate cuts could spur risk-taking and further drive bitcoin and other speculative asset prices.

XYZVerse, a sports-themed memecoin, gains incredible momentum with a presale topping $15 million, prices skyrocketing early in the game. Combining memes, sports, and real-world crypto utility, XYZVerse proposes to redefine the memecoin landscape in 2025, signaling a community-driven force. The article explores the XYZVerse phenomenon, its security measures, tokenomics, community sentiments, and future roadmap, focusing on whether it will sustain its growth post-listing.