🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Bernstein sees new USDC growth cycle, sets $140 Circle price target

Bernstein sees new USDC growth cycle, sets $140 Circle price target

Analysts at Bernstein are bullish on stablecoin issuer Circle, arguing that a new growth cycle for its USDC stablecoin could provide a significant boost for the company over the next 12 months.In a research note published Monday, Bernstein said USDC (USDC) is showing signs of what it called “digital…

Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M

Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M

Bitcoin (BTC) passed $80,000 after Monday’s Wall Street open as bulls built on last week’s snap BTC price rally.Key points:Bitcoin hits $80,000 for the first time since mid-May as bullish momentum gathered pace.BTC price analysis warns that the market still needs to sustain higher levels to challeng…

Capital.com plans UAE spot crypto services after affiliate wins licence

Capital.com plans UAE spot crypto services after affiliate wins licence

Trading platform and contracts for difference (CFD) broker Capital.com plans to offer spot crypto services to clients in the United Arab Emirates after its affiliate, Capital Vault, secured a virtual-asset license from the country’s Capital Market Authority (CMA).According to an announcement sent to…

MANTRA token sinks 18% to record low amid blockchain halt

MANTRA token sinks 18% to record low amid blockchain halt

MANTRA’s native token sank 18.5% from its 24-hour high to a record low shortly before MANTRA Chain stopped producing blocks and its team announced a precautionary halt over an unexplained incident.According to CoinGecko, MANTRA fell from $0.005060 to an all-time low of $0.004126 around 11:00 pm UTC …

South Korean lawmakers seek expanded FIU powers over unregistered crypto firms

South Korean lawmakers seek expanded FIU powers over unregistered crypto firms

A group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial Intelligence Unit’s (FIU) authority to investigate unregistered crypto businesses.On Thursday, People Power Party lawmaker Eom Tae-young and nine other lawmakers filed the bill, which …

Bitdeer signs $400M AI cloud computing deal for Malaysia facility

Bitdeer signs $400M AI cloud computing deal for Malaysia facility

Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization.The deal was signed with an undisclosed customer of “high credit quality” and is expected to b…

Rushed CLARITY Act vote could set legislation back, Gallego warns

Rushed CLARITY Act vote could set legislation back, Gallego warns

Democratic Senator Ruben Gallego warned that rushing the CLARITY Act to a Senate vote before lawmakers resolve disputes over ethics and stablecoin yield could set US crypto market structure legislation back.Speaking at the SALT Wyoming Blockchain Symposium on Wednesday, Gallego said the crypto indus…

HYPE jumps 20% as Trump signals legal US path for Hyperliquid

HYPE jumps 20% as Trump signals legal US path for Hyperliquid

Hyperliquid’s native token surged more than 20% over 24 hours after United States President Donald Trump said regulators were working on a compliant pathway to make the decentralized trading platform available to American users.HYPE traded around $62 immediately before Trump’s remarks and subsequent…

Trump pushes for CLARITY Act passage alongside crypto leaders

Trump pushes for CLARITY Act passage alongside crypto leaders

Update (Aug. 19, 8:55 pm UTC): This article has been updated to include comments from Senator Ruben Gallego at the Wyoming Blockchain Symposium.US President Donald Trump continued to push for passage of a crypto market structure bill as the Senate remains in recess.In a Wednesday press conference wi…

OCC head promises final GENIUS rules by November

OCC head promises final GENIUS rules by November

US Comptroller of the Currency Jonathan Gould said that his agency would have final rules related to the implementation of a payment stablecoin law out by November.Speaking at the Wyoming Blockchain Symposium on Wednesday, the regulator said that following the Office of the Comptroller of the Curren…

FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

FalconX and Ethena have launched a $1 billion secured lending facility that will use assets backing USDe to fund overcollateralized loans to institutional borrowers.The facility is structured through a special purpose vehicle, with FalconX originating and servicing the loans and managing collateral.…

Bitcoin ETFs add $189M as August net inflows approach $1B

Bitcoin ETFs add $189M as August net inflows approach $1B

US-listed spot Bitcoin exchange-traded funds drew $189.3 million in net inflows on Tuesday, lifting August net inflows to about $951 million.The latest gains followed $297.6 million in net inflows on Monday, bringing the two-day total to $487 million, or more than half of the funds’ net inflows so f…