BITPRISMIA
Upcoming US interest rate cuts threaten the profits of stablecoin issuers Tether and Circle, with Circle potentially losing up to $618 million in annual revenue, prompting them to explore new business models like their new blockchain, Arc.
FTX creditors with allowed claims will receive funds on September 30, 2025, following the record date of August 15, 2025, while disputed claims were reduced by $1.9 billion.
Cardano (ADA) is testing a critical $1 resistance level, with potential for a breakout that could drive its price toward $1.75–$2, as analysts compare current conditions to the pre-bull market phase of late 2020.
The U.S. Treasury clarifies its plan to expand Bitcoin reserves using seized assets and halts sales, maintaining $15B–$20B in current holdings, following initial confusion over its acquisition stance.
Whales are heavily investing in ADA and AVAX, driving their prices up, while Bitcoin reaches a new peak but faces a potential retest of support levels.
The U.S. has intensified its crackdown on Russian-operated cryptocurrency exchange Garantex, offering a $6 million bounty for information on its leaders and sanctioning related entities due to alleged involvement in $96 billion of illicit crypto transactions.
The US Producer Price Index (PPI) for July showed a significant rise, triggering a market downturn with over $500 million in crypto long positions liquidated.
The Pi Network has recently unlocked 276 million PI tokens and seen a 10% price boost, potentially due to increased mobile mining and user adoption, but faces challenges with major exchange listings and liquidity.
The U.S. Producer Price Index (PPI) rose unexpectedly by 0.9% in July, exceeding forecasts and signaling potential future inflationary pressures, which could influence Federal Reserve policies and market dynamics.
Shiba Inu (SHIB) shows potential for a significant price rally following a breakout from a 'falling wedge' pattern, with analysts predicting gains of up to 156%.