Bitcoin Price Pops 1.2% After Fed Hints at Rate Cuts Bulls Still Eye $200K

Bitcoin jumps after Powell signals possible rate cuts — analysts now foresee a potential run to $200K amid institutional demand and ETF inflows.

Bitcoin Price Climbs After Powell Signal Momentum Gears Up for Next Leg

BTC is on the move again, ticking up 1.2% to around $114,942 after Federal Reserve Chair Jerome Powell hinted that interest rate cuts might be on the horizon during his Jackson Hole speech . Lower rates typically lift risk assets like crypto and weaken the dollar, giving BTC a tailwind.

Bitcoin Price Rebounds with Rate Cut Buzz

This rebound comes after Bitcoin retraced from its August high above $124K a reminder that crypto remains hyper-sensitive to macroeconomic cues. Meanwhile, analysts at Bernstein are pushing the bullish case even further, projecting Bitcoin could reach $200,000 within 6–12 months, powered by institutional demand and regulatory tailwinds like the U.S. GENIUS Act .

Asia’s wealthy investors are doubling down too putting more into crypto amid rising confidence and better regulations. UBS reports that Chinese family offices are upping crypto exposure to about 5% of their portfolios .

Put it all together: bullish signals from the Fed, long-term price targets getting more ambitious, and deep-pocketed investors leaning in the BTC price may have more runway than skeptics think.

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China Considers Yuan Stablecoin to Challenge U.S. Dollar Dominance

China is weighing the launch of a yuan-backed stablecoin, with Shanghai and Hong Kong as pilot hubs, to expand its digital currency’s global influence.

China Weighs Yuan-based Stablecoin Amid Global Market Shift

China is considering launching a yuan-backed stablecoin, a move that could reshape digital finance and challenge U.S. dominance in global payments.

The People’s Republic of China is reviewing the launch of a yuan-based stablecoin as part of its long-term strategy to strengthen the global role of its currency. The State Council is expected to review and approve a roadmap later in August, marking a major shift from China’s earlier hardline stance against cryptocurrencies.

From Ban to Potential Launch

In 2021, China banned cryptocurrencies and mining, citing financial risks. However, recent developments indicate a change of direction. According to Reuters, citing anonymous sources, Shanghai and Hong Kong are expected to be the first cities for pilot rollouts if the plan is approved.

This aligns with Hong Kong’s new stablecoin ordinance, which came into effect on August 1, 2025, and Shanghai’s growing infrastructure for the digital yuan.

Yuan’s Global Position

Despite China’s ambitions, the yuan’s share in global payments fell to 2.88% in June, its lowest in two years, according to SWIFT data. By contrast, the U.S. dollar dominates with 47.19%.

U.S. President Donald Trump has strongly supported dollar-pegged stablecoins since his January inauguration. Initiatives like the GENIUS Act are also establishing clearer rules to boost the legitimacy of U.S.-backed digital assets.

Next Steps and Global Implications

Details of China’s stablecoin plan will be unveiled in the coming weeks, with the People’s Bank of China (PBOC) expected to oversee implementation. The issue is also scheduled for discussion at the Shanghai Cooperation Organization (SCO) Summit in Tianjin (Aug 31–Sep 1, 2025), attended by leaders from India, Pakistan, and other member nations.

If launched, a yuan stablecoin could deepen China’s influence in cross-border trade and digital finance, directly challenging U.S. dominance in the space.

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MetaMask Launches First-Ever Wallet-Native Stablecoin, MetaMask USD ($mUSD)

MetaMask, the widely used self-custodial crypto wallet developed by Consensys, has launched its own stablecoin, MetaMask USD ($mUSD). The rollout marks the first time in crypto history that a self-custodial wallet has issued a stablecoin, giving users the ability to hold, send, and spend digital dollars while maintaining full control of their funds.

According to MetaMask’s official announcement, shared on X, the new stablecoin will be issued by Bridge, a compliance and issuance platform owned by Stripe, and minted via M0, a decentralized infrastructure built for cross-chain interoperability and liquidity.

💵 Stability & Transparency
MetaMask USD will be fully backed 1:1 by U.S. cash and short-term Treasuries, ensuring both stability and transparency. It will integrate directly into the wallet, allowing users to on-ramp, swap, transfer, and bridge mUSD within the app.

🌐 Integration & Expansion
At launch, mUSD will be live on Ethereum and Linea, Consensys’ Layer 2 network. Over time, it expects mUSD adoption across lending markets, decentralized exchanges, and custodial services, boosting liquidity and usage within the ecosystem.

🛒 Real-World Spending
By the end of 2025, its users will be able to spend mUSD directly through the MetaMask Card, enabling payments at millions of Mastercard merchants worldwide.

With more than 100 million global users, it aims to make mUSD a cornerstone of Ethereum and Linea’s liquidity, bridging the gap between decentralized finance and everyday payments.

Meta Freezes AI Hiring After $100M Talent Spree and Llama Setbacks

Meta has frozen AI hiring after spending $100M on talent and facing Llama model setbacks, as restructuring sparks investor concerns over high costs.

Meta Freezes AI Hiring Amid Cost Concerns and Restructuring

Meta Platforms (NASDAQ: META) has frozen hiring across its artificial intelligence (AI) division following months of aggressive recruitment. More than 50 top AI researchers and engineers were brought in from rivals like OpenAI and Google. The freeze, which began last week, also blocks internal transfers within the AI unit, according to sources.

While Meta confirmed the hiring halt, a spokesperson framed it as a routine organizational adjustment tied to budgeting and building a stable structure for its superintelligence initiatives. External hires during this period require approval from Chief AI Officer Alexandr Wang.

Investor Pressure & Costly Talent War

The move follows Meta’s headline-grabbing recruitment blitz, which included lavish compensation packages. Some researchers reportedly received offers exceeding $100M, with one offer rumored to be worth more than $1.5B—but still declined. CEO Mark Zuckerberg personally contacted top researchers through email and WhatsApp.

Meta has reorganized its AI division into Meta Superintelligence Labs, split into four teams:

Superintelligence (TBD Lab)
AI Products
Infrastructure
Fundamental AI Research

The underperforming AGI Foundations team, which had worked on Meta’s Llama model, was dissolved earlier this year after disappointing results.

Rising Market Concerns

Investors are increasingly wary of Meta’s massive AI expenditures. Morgan Stanley warned that growing stock-based compensation could erode shareholder returns if breakthroughs don’t materialize quickly. While Zuckerberg remains focused on building AI systems that surpass human cognition, analysts suggest the market is paying closer attention to spending as tech valuations come under pressure.

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Bitcoin Price Falls Below $113K Amid SEC Probe, AI Disappointment, and Tariff Worries

Bitcoin price dropped under $113,000 for the first time in two weeks, with SEC scrutiny, AI revenue fears, and new tariffs driving investor panic.

Bitcoin Price Dips Below $113,000 Amid SEC, AI, and Tariff Fears

Bitcoin (BTC) slipped below $113,000 on Tuesday, triggering over $100M in liquidations as regulatory pressure, AI doubts, and new U.S. tariffs spooked investors.

The dip came just days after Bitcoin touched an all-time high of $124,196 on August 14, raising questions about whether momentum in the bull cycle is slowing. At the time of writing, BTC traded at $113,632, down 1.12% in 24 hours, with daily trading volume of $72.7 billion, per CoinMarketCap data.

Why Bitcoin Price Dropped

The sell-off gained speed after the SEC reportedly began investigating alleged fraud and stock manipulation at Alt5 Sigma, a firm tied to a $1.5B deal with World Liberty Financial (WLFi), co-founded by U.S. President Donald Trump.

Market sentiment worsened as:

AI disappointment: MIT NANDA research showed 95% of AI pilots failed to deliver quick revenue, dragging the Nasdaq 100 down 1.5%.
Tariff fears: Washington’s new 50% import tariffs on 407 products increased inflation worries.
Overleveraged bets: Futures markets saw record open interest, leading to forced selling when BTC pulled back.
Options fear: Glassnode reported the 30-day delta skew spiking to 12%, its highest in four months, signaling traders rushing for downside protection.

Safe Havens & Outlook

With risk sentiment fading, UBS raised its gold forecast to $3,700 by 2026 as investors looked for safer assets. Still, analysts argue that Bitcoin’s long-term bull market remains intact and that short-term fear often overshoots fundamentals.

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Breaking ! Mark Cuban Warns Crypto IPOs (6% fall), Could End Up Like Memecoins After Bullish Stock Crash

Mark Cuban questions the future of crypto IPOs after Bullish shares plunge 6% post-listing, raising doubts about token-forward IPOs gaining wider trust.

Mark Cuban Questions Future of Crypto IPOs As Bullish Stock Drop

Billionaire investor Mark Cuban is casting doubt on the future of crypto IPOs after shares of Bullish (BLSH) slid more than 6% just a week after going public.

Cuban, who made his fortune during the dot-com boom and owns the Dallas Mavericks, has been a longtime supporter of blockchain projects like Polygon, Aave, and OpenSea. But after watching Bullish stumble during its highly anticipated debut, he took to X with a sharp post: “Will crypto IPOs be treated like a meme coin now?”

Bullish’s public listing was touted as a landmark for token-forward IPOs, which combine traditional stock offerings with digital asset exposure. The idea was to give investors access to web3 without directly holding tokens. But with prices already tumbling, Cuban’s concern highlights a bigger problem: investor sentiment still dominates this market segment.

Future of Crypto IPOs

For many analysts, Bullish’s performance is a warning shot. If volatility continues, future token-linked IPOs could struggle to gain traction with institutional players. Retail-driven swings have already shaken confidence, and Cuban’s cautious tone signals that even strong backers are rethinking the playbook.

For now, the fate of crypto IPOs may hinge on whether companies can prove they offer more than just hype.

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Breaking ! MicroStrategy Equity Policy Change Sparks Investor Fury Trust in Saylor at Risk

MicroStrategy equity policy change removing the 2.5x mNAV safeguard has angered investors, raising concerns about dilution and leadership credibility.

MicroStrategy Faces Backlash From Investors Over New Equity Policy

Michael Saylor’s MicroStrategy (NASDAQ: MSTR) is under fire after scrapping its long-standing 2.5x mNAV issuance rule, sparking outrage from shareholders who feel betrayed.

The controversial decision removes a safeguard that prevented the company from issuing stock below 2.5 times its net asset value, a rule designed to protect investors from excessive dilution. Saylor defended the move as necessary to give MicroStrategy greater flexibility amid a shrinking Bitcoin premium, but many argue it represents a broken promise.

Investor Outrage Over MicroStrategy Equity Policy

The harshest criticism came from WhaleWire CEO Jacob King, who accused Saylor of “pulling the rug” and lying to investors. He noted that MicroStrategy’s premium collapsed from 3.4x to 1.6x since late 2024, making the new rule convenient for Saylor’s strategy. Other investors echoed similar frustrations, recalling that Saylor had recently reaffirmed the safeguard during an earnings call just weeks ago.

Industry voices like Adam Simecka and Daan Crypto Trades highlighted the dilution risks and warned that the so-called “Saylor bid” to fund Bitcoin buys via stock issuance could now resume unchecked.

Bigger Risks Ahead

Critics also raised alarms about wider risks: further dilution, falling investor trust, and overexposure to Bitcoin’s volatility. One analyst wrote that the change could “erode long-term shareholder value and put downward pressure on the stock price.”

The backlash ultimately reflects a growing divide: Saylor’s uncompromising Bitcoin-first vision versus shareholder demand for transparency and protection.

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Bullish IPO Raises $1.15B in Stablecoins A Historic First for Markets

Bullish IPO raised $1.15B in stablecoins, marking the first public listing settled onchain with USDC, EURC, RLUSD, and more.

Bullish IPO Raises $1.15B in Stablecoins

Bullish (NYSE: BLSH), the digital asset platform backed by billionaire investor Peter Thiel, has raised $1.15 billion from its IPO, with proceeds settled entirely in stablecoins.

The company made its Wall Street debut on August 14, 2025, in one of the year’s most anticipated listings. Demand for shares was huge, with subscriptions 20x oversubscribed, pushing the stock up 84% on day one. However, early volatility followed as the share price dipped 2.16% in pre-market, trading at $62.00 today.

Stablecoins Take Center Stage in Bullish IPO

Bullish said most of the funds were minted on Solana and settled in USDC and EURC, custodied exclusively by Coinbase. Other stablecoins used included SocGen’s CoinVertible series, Paxos’ Global Dollar and PayPal USD, World Liberty’s USD1, Agora Dollar, and AllUnity’s EURAU.

In a notable first, Ripple USD (RLUSD) on the XRP Ledger was also part of the settlement mix. Ripple congratulated Bullish on “the successful IPO,” calling it a milestone for onchain finance.

Why This Matters for Stablecoins

Chief Financial Officer David Bonanno highlighted stablecoins as “one of the most transformative use cases for digital assets,” stressing their role in fast and secure global transfers, particularly on Solana.

By collaborating with multiple issuers, Bullish positioned itself as a pioneer in integrating stablecoins into capital markets, making this IPO the first-ever public listing fully settled onchain.

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Hyperliquid Activates Multi-Quote Spot Trading on Mainnet, HYPE Price Sees Whale Buys

Hyperliquid has entered a new era of decentralized trading by activating multi-quote spot trading on its mainnet. The rollout, completed by the USDT0 team, automatically launched the HYPE/USDT trading pair, according to the platform’s official X update.

This upgrade allows traders to choose among multiple quote assets, boosting both flexibility and adoption. For HIP-1 base asset deployments, it means new projects can now select their preferred quote asset when launching their initial spot pair. Following Hyperliquid’s model, permissionless pairs between existing base and quote assets are deployed through a Dutch auction mechanism.

📊 Market Impact
HYPE trades at $44.21, down 5.28% in 24 hours, with $228M in trading volume (CoinMarketCap). A whale wallet, identified as 0xa523, recently deposited over $40M USDC into Hyperliquid and accumulated 466,000 HYPE coins ($21.5M) in the $46–$47 range.

💡 Growth Metrics

TVL climbed to $2.81B this week (DeFiLlama).
Daily fees hit $7.7M on Aug. 15, after $29B in perpetual trading volume.
Hyperliquid captured 6.1% of global exchange volume, processing $320B in July alone.
97% of all trading fees are allocated to HYPE buybacks, reinforcing token demand.

Co-founder Jeff Yan, speaking on WuBlockchain Podcast, credited Hyperliquid’s rise to self-funding and user-focused design rather than VC backing:

“Raising millions from venture capitalists doesn’t equal progress; real progress comes when users derive value from what you’ve built.”

With its Layer-1 protocol now securing over $2.21B in TVL, Hyperliquid is positioning itself as a serious competitor to centralized exchanges while staying true to decentralized principles.

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KindlyMD Buys 5,743 Bitcoin Worth $679M After Merger

KindlyMD has purchased 5,743 Bitcoin worth $679M after its merger, marking its entry into corporate BTC treasury management through Nakamoto Holdings.

KindlyMD Buys 5,743 Bitcoin Worth $679M After Merger

Salt Lake City-based healthcare provider KindlyMD, Inc. (NASDAQ: NAKA) has entered the crypto space with a massive first purchase of Bitcoin, acquiring 5,743 BTC worth $679 million.

The acquisition was carried out by its wholly-owned subsidiary, Nakamoto Holdings, and represents the company’s first major move since completing its recent merger.

Details of the BTC Acquisition

According to the press release, the deal was completed at an average price of $118,204.88 per BTC, totaling $679 million.

The purchase was funded through Private Investment in Public Equity (PIPE) financing, ensuring a strong capital base without relying on debt.

CEO’s Vision: BTC as a Corporate Reserve Asset

KindlyMD CEO and Chairman David Bailey highlighted the company’s conviction in Bitcoin:

“This acquisition reinforces our conviction in BTC as the ultimate reserve asset for corporations and institutions alike.”

Bailey also unveiled a long-term goal to accumulate one million BTC as part of its new treasury strategy, positioning Bitcoin as central to the future of global finance.

Nakamoto BTC Treasury Program

The purchase was made under KindlyMD’s Nakamoto BTC Treasury program, designed to provide a transparent and reliable vehicle for institutional Bitcoin storage.

This move aligns with a growing corporate trend where firms add BTC to their balance sheets as a store of value and hedge against market volatility.

Industry Context

KindlyMD joins other major corporate players that view BTC as a strategic asset. Notably, Strategy Inc., which pioneered this trend, now holds over 600,000 BTC worth $53.5 billion, according to Arkham.

By combining its healthcare services expertise with a bold Bitcoin treasury strategy, KindlyMD positions itself as both a healthcare provider and a financial innovator in the evolving digital asset space.

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