BITPRISMIA
The cryptocurrency market experienced significant volatility with Bitcoin reaching new highs followed by a correction, while altcoins like BNB, SOL, and ADA also showed notable gains.
A new wave of AI-themed meme coins is gaining attention for their combination of humor and ties to emerging technologies, with several low-cap tokens highlighted for their unique features and market data.
Bitcoin's price dropped below $120,000 following comments by the US Treasury Secretary and higher-than-expected PPI inflation data, while the US government confirmed it would not purchase additional Bitcoin.
The current Bitcoin bull cycle differs from past cycles, with the NUPL metric indicating multiple peaks and a potential prolonged run influenced by spot ETFs and liquidity, though selling pressure remains a concern.
SLAY, a Bitcoin restaking platform token, is now available for trading on Kraken as of August 14, 2025.
Blockchain.com and Tether are making significant moves into AI, with Blockchain.com focusing on privacy-first AI tools and Tether building decentralized AI infrastructure with native crypto payments.
Bitcoin reached a new all-time high above $124,500 before retracing, while Ethereum and other altcoins showed mixed performance with some gains and losses.
Bitget's BGUSD and Binance's RWUSD are yield-bearing stablecoin products, with BGUSD offering higher transparency, utility, and yield compared to RWUSD, potentially setting a new standard in the market.
Bitcoin prices reached a new peak of $124,130, driven by easing global trade tensions and high US CPI, while Ethereum also neared its all-time high, with institutional capital fueling the rally.
Coinbase and Squads have partnered to make USDC the default stablecoin across Squads' products on Solana, aiming to accelerate USDC adoption in the Solana ecosystem.