The recent gradual upward movement of TRON's price suggests that it may be preparing for a significant breakthrough that could propel its value towards the $1 mark. This slow and steady progression indicates a potential buildup of momentum, creating an atmosphere in which investors may feel more confident in the asset's future performance. As TRON continues to consolidate its position, the combination of increasing interest and market dynamics could ultimately lead to a substantial surge in demand, paving the way for a dramatic leap in price. source: https://blocknews.com/trons-slow-grind-could-set-the-stage-for-a-big-breakout-toward-1/

The global cryptocurrency market cap now stands at $3.95T, down by -1.99% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $118,207 and $120,324 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $119,871, up by 0.99%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include SKL, THE, and BOME, up by 46%, 23%, and 20%, respectively. Top stories of the day: Bitcoin Market Dominance Declines as Crypto Market Cap Rises Ethereum Surpasses Netflix in Global Market Capitalization Rankings Kazakhstan Launches Central Asia's First Bitcoin ETF Crypto News Today: Ethereum Price Breaks $4,500, Bitcoin Near $120K, BNB Hits $830 as Inflation Data Fuels Rally Market movers: ETH: $4640.74 (+7.85%) XRP: $3.2776 (+4.37%) BNB: $856.27 (+6.50%) SOL: $201.11 (+14.85%) DOGE: $0.24733 (+10.77%) TRX: $0.3573 (+3.09%) ADA: $0.8728 (+12.26%) WBTC: $119849.16 (+1.07%) LINK: $23.57 (+10.14%) XLM: $0.4521 (+3.91%) Top gainers on Binance: SKL/USDT (+46%) THE/USDT (+23%) BOME/USDT (+20%)

US-listed spot Ethereum exchange-traded funds (ETFs) attracted $523. 9 million in net inflows on Aug. 12, extending their inflow streak to six days. According to SoSo Value data, this is almost eight times the $66 source: https://cryptoslate.com/insights/ethereum-etfs-pull-in-524m-in-a-day-as-inflows-outpace-bitcoin-eightfold/

The long-time finance host described himself as a “believer” in the two largest cryptocurrencies, noting their resilience despite mounting economic […] The post Jim Cramer Declares Himself a ‘Believer’ in Bitcoin and Ethereum appeared first on Coindoo. source: https://coindoo.com/jim-cramer-declares-himself-a-believer-in-bitcoin-and-ethereum/

South Korea’s Dunamu is partnering with Vietnam’s MB Bank to launch the country’s first domestic crypto exchange. The deal will use Upbit’s technology and expertise to support Vietnam’s digital asset market and regulatory framework.

Critics argue the practice could weigh on XRP’s price, but pro-Ripple attorney Bill Morgan says the link is unfounded. source: https://coindoo.com/bitcoin-holds-no-clear-advantage-against-xrp/

Ex-U. S. equity funds have received their largest inflows since the end of 2021. source: https://www.cryptopolitan.com/ex-u-s-markets-see-influx/

According to BlockBeats, crypto investment firm a16z and the DeFi Education Fund are petitioning the U.S. Securities and Exchange Commission (SEC) to establish a regulatory safe harbor for websites and applications used to access decentralized finance (DeFi) projects. This joint application, submitted on Wednesday with the DeFi Education Fund, comes as the White House and SEC Chairman Paul Atkins increase their support for DeFi, encouraging its growth without burdensome regulatory obstacles. The Trump administration's recent cryptocurrency report includes recommendations to exempt certain DeFi service providers from broker-dealer registration requirements. The proposal emphasizes that the core of the safe harbor guidelines is to exempt only those applications that do not pose the risks targeted by the broker-dealer regulatory framework under the Securities Exchange Act. In such cases, requiring registration as a broker under the Securities Exchange Act is deemed unnecessary and inappropriate.

Prominent cryptocurrency trader Miles Deutscher projects Ethereum (CRYPTO: ETH) could reach $8,600 during the 2025-26 bull cycle if current patterns mirror historical runs, with a 61% probability of exceeding $6,000. source: https://www.benzinga.com/crypto/cryptocurrency/25/08/47083986/ethereum-could-hit-8600-by-2026-stronger-at-4k-than-it-was-at-peak-says-miles-deutscher-amid-record-etf-inflows?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to Foresight News, Twitter user Murphychen888 cited data from Glassnode indicating that Ethereum (ETH) reached a daily realized profit of $1.742 billion on August 12. This figure significantly surpasses the previous peak of $1 billion recorded on August 9, marking the highest value since the beginning of 2023.

According to PANews, Whale Alert has reported a substantial minting event on the Algorand network. At 17:06 UTC+8, an unidentified wallet minted 100,000,000 USDC, valued at approximately $99,985,200.

ETH, USDC, Circle, Stripe, Circle and Stripe build their own public chains. Is Ethereum's settlement layer throne hanging in the balance? Golden Finance: Building your own chain has become a trend.

Perplexity AI has made a $34.5 billion offer to buy Google’s Chrome browser as Google faces possible antitrust action in the US. Google has not responded, and many believe Chrome is worth far more than the bid.

What is Tempo? What can Stripe and Paradigm bring to Tempo? Why are these two giant companies so focused on Tempo?

The family of late AI researcher and OpenAI whistleblower Suchir Balaji is leveraging the power of crypto to fight for answers following the tragic death of their son in 2024.

SWIFT, Stablecoins, Stablecoins: The End of SWIFT? Golden Finance: A revolution in international payments is quietly underway.

Control, value capture, compliance, and the trillion-dollar stablecoin opportunity.

Terraform Labs co-founder Do Kwon has finally pleaded guilty on two felony counts of wire fraud and conspirary to defraud.

Binance has joined the T3+ coalition and helped freeze $6 million from a pig-butchering crypto scam. The exchange is actively working with other industry players to track and stop illegal blockchain activity in real time.

Stablecoin usage and supply will grow significantly, but does a dedicated settlement and payment chain for stablecoins make sense?