KakaoBank, the digital-only banking arm of South Korean tech giant Kakao, is positioning itself to enter the stablecoin market—just as the government accelerates efforts to establish clear regulations around digital assets.

Key Takeaways:Bitcoin short-term holders (STHs) have slowed profit-taking activity, according to Glassnode.Around 70% of STH supply remains in profit, signaling market equilibrium.Bitcoin price holds near $115K after falling from the all-time high of $123,100 in mid-July.Onchain data suggests the bullish trend remains intact, despite recent pullbacks.Analysts remain optimistic, with projections for BTC to hit $200K–$250K in 2025.Bitcoin Market Remains “Balanced” as Profit-Taking CoolsShort-term Bitcoin holders are showing restraint in profit-taking despite recent price volatility, according to a new onchain analysis from Glassnode. The firm’s latest market report revealed that STH spent volume in profit — a metric tracking the portion of recent buyers selling at a profit — has dropped to 45%, below the neutral 50% mark.This cooling-off suggests that many recent investors are holding their positions instead of rushing to sell after Bitcoin’s modest rebound from a local low of $112,000.Bitcoin Holds Firm Near $115K After PullbackAt the time of writing, Bitcoin (BTC) is trading around $114,766, slightly recovering from a weekend dip to $112,044, according to Nansen. The pullback followed the July 14 all-time high of $123,100.Glassnode noted that the market is currently in a “relatively balanced position,” with:70% of short-term holder supply still in profitA near-even split between profit and loss among moved coinsThis condition aligns with typical midpoints in previous bull markets, the report said.Onchain Indicators: Weak Hands Selling, Bulls HoldingAdditional data from Checkonchain revealed that many of the recent “top buyers” are now exiting near their entry prices. According to their Spent Output Profit Ratio (SOPR) model, weaker hands are capitulating, while long-term holders appear unfazed.Checkonchain added, “What we want to see from here is a short, sharp dip into red territory, resolving back to green. This confirms the bull is still in play.”2025 Bitcoin Outlook: Analysts Still Eye $200K–$250K TargetsDespite the recent correction, sentiment among top crypto analysts remains resolutely bullish. Fundstrat’s Tom Lee, who previously predicted a $250K Bitcoin by year-end, reaffirmed his forecast this week.“I think Bitcoin should really build upon this 120 before the end of the year — $200K, maybe $250K,” Lee said in an interview on the Coin Stories podcast.Other analysts from firms like Standard Chartered and Bernstein have also projected year-end targets of $160K to $200K, citing growing institutional demand and macro tailwinds such as potential Fed rate cuts.Bitcoin Remains Resilient Despite VolatilityWith Bitcoin hovering around $115K, market data suggests a pause in profit-taking by short-term holders and strong long-term conviction among whales and institutions. As analysts continue to predict higher price levels for the second half of 2025, the current consolidation could serve as a launchpad for the next leg of the bull market.

Pump.fun has taken back the lead in Solana’s memecoin launchpad race, launching over 23,000 tokens in a day — far ahead of LetsBonk.fun. Meanwhile, launchpads on Base, backed by Coinbase, have overtaken Solana in daily token launches for the first time in two years.

Key Takeaways:The Crypto Fear & Greed Index rose to 62 ("Greed") after BTC, ETH, and XRP posted modest gains.Bitcoin price climbed 1% to $114,298, regaining ground after a weekend dip to $112K.Ether (ETH), XRP, and Solana (SOL) also posted 2–3% daily gains.Analysts suggest a potential bullish breakout, with BTC targets as high as $125,000.On-chain data shows short-term profit-taking has cooled, supporting bullish momentum.Market Sentiment Rebounds as Bitcoin and Altcoins Post GainsCrypto market sentiment has flipped back to "Greed" following renewed price strength in Bitcoin (BTC), Ether (ETH), XRP, and Solana (SOL). The Crypto Fear & Greed Index climbed to 62 out of 100 on Thursday, recovering from “Neutral” after days of volatility.This sentiment shift coincides with a 1% price increase in Bitcoin, which is now trading at $114,298, according to Nansen data. The move follows a short-term correction from the recent all-time high of $123,100 seen in mid-July.Altcoins Join the ReboundThe broader market followed Bitcoin’s lead:Ether (ETH) rose 2.37% to $3,664XRP increased 2.14% to $2.97Solana (SOL) gained 3.26% to $167.38The price uptick is being interpreted by market participants as a signal of stability after recent choppy price action.On-Chain Trends Show Bullish Cooling-Off PeriodOnchain analytics platform Glassnode noted that profit-taking among short-term Bitcoin holders has slowed. This decline in selling pressure could create favorable conditions for another upward move.Short-Term Holders (STHs) — defined as those holding BTC for less than 155 days — often influence market volatility. A reduction in STH activity may support accumulation and price resilience.Analysts See Setup for Bitcoin BreakoutTechnical analysts are echoing the market’s bullish mood:Michael van de Poppe, founder of MN Trading Capital, said Bitcoin is consolidating near resistance and that this “test should likely bring the bullish breakout.”Crypto trader Ted predicted a near-term rally to $125,000, noting that such a move could trigger $18 billion in liquidations across derivatives platforms.Galaxy Trading compared current conditions to November 2024, when BTC rallied from $70K to $100K in one month following political events in the U.S.What Comes Next?If Bitcoin breaks past key resistance zones, traders are watching for a move toward the $120K–$125K range, especially as macro factors (such as Fed rate expectations) shift in crypto’s favor.However, some caution that such rallies often come with sharp pullbacks and increased liquidation risk in leveraged markets, according to Cointelegraph.

ملخص تحليل الذهب اليوم الاتجاه العام للذهب: صاعد بقوة. نقاط دعم الذهب اليوم: 3368 – 3340 – 3290 دولار للاوقية. نقاط مقاومة الذهب اليوم: 3415 – 3450 – 3480 دولار للاوقية. توصيات تداول الذهب اليوم: بيع الذهب من مستوى المقاومة 3440 دولار والهدف 3320 دولار والاستوب 3470 دولار source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d9%87%d9%84-%d8%b3%d8%aa%d8%b1%d8%aa%d9%81%d8%b9-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85-%d8%9f/146236

In July, Iren mined 728 BTC, edging past MARA’s 703 BTC, while utilizing over 90% of its mining fleet. source: https://coindoo.com/iren-overtakes-mara-as-worlds-top-bitcoin-miner-by-hashrate/

MEMEFI rallied to a three-month high as traders rushed to short the token. However, the short positions led to a sudden price spike, as the previously inactive token gained 312% in a week in a low-liquidity, risky rally. source: https://www.cryptopolitan.com/why-memefi-still-rising-binance-delisting/

"Key to a person’s dignity is her ability to decide to whom she will reveal information about herself," said Pierce. source: https://www.blockhead.co/2025/08/07/secs-hester-pierce-champions-financial-privacy-in-rousing-speech/

Co-founder convicted for operating an unlicensed money transmitting service, but jury deadlocks on money laundering charges. source: https://atlas21.com/tornado-cash-roman-storm-found-guilty-on-one-of-three-charges/?utm_source=rss&utm_medium=rss&utm_campaign=tornado-cash-roman-storm-found-guilty-on-one-of-three-charges

IREN surpasses MARA in mining hashrate. source: https://www.cryptopolitan.com/iren-up-11-after-topping-mara/

Coinbase introduces a 0. 1% fee on USDC swaps over $5M starting August 13, after missing Q2 revenue targets as trading volumes decline 39% triggering user backlash. source: https://cryptonews.com/news/coinbase-introduces-0-1-fee-on-usdc-swaps-over-5m/

null source: https://x.com/DaanCrypto/status/1953361422072578270

Ark Invest’s cryptocurrency investments have demonstrated an uncanny ability to identify trading opportunities.

The probability of a September interest rate cut has increased significantly. Can Bitcoin break the August decline and break through 150,000?

Ethereum treasury firms are buying large amounts of ETH and now hold as much as the new U.S. spot ETFs. Unlike ETFs, these companies can earn staking rewards and use DeFi, making them more attractive to some investors.

Bullish-the owner of CoinDesk-is making its debut in the United States with plans for an initial public offering (IPO), with Wall Street Sharks like Ark Investment and Blackrock already showing their interest.

ETH is experiencing the moment of BTC in 2017. Wall Street has begun to support ETH, and ETH will achieve step-by-step growth in the future just like Bitcoin has in the past five years.

OpenAI has reached a technical cooperation with the U.S. federal government to provide ChatGPT services, charging each institution only $1 per year.

Big changes are brewing in the Bitcoin world—and they’re happening much faster than most people realize.

Perhaps the most overlooked phenomenon in the public eye is arbitrage trading. Emerging market peer-to-peer exchange mechanisms allow users to exchange USDT for more local currencies, creating demand for remittances and arbitrage traders.