According to PANews, European Central Bank (ECB) officials are reconsidering their approach to the digital euro following the passage of the U.S. stablecoin legislation. Recent reports indicate that European authorities are exploring the possibility of utilizing public blockchains like Ethereum or Solana for the digital euro, diverging from the previously anticipated private blockchain solutions due to privacy concerns. The ECB has confirmed that various technologies, including centralized, decentralized, and distributed ledger technologies, are under consideration for the digital euro's development. However, no final decision has been made regarding the technological framework to be adopted.

Ripple's role in Gemini's recent XRP announcement might be bigger than you think source: https://u.today/inside-ripple-gemini-developments-community-opinion

null source: https://x.com/BTC_Archive/status/1959228496619749514

null source: https://x.com/BTC_Archive/status/1959228338473422894

null source: https://x.com/BTC_Archive/status/1959227980942581985

Key Takeaways:ETH breaks past $4,867, surpassing its November 2021 record.Price is up 250% from April lows, fueled by dovish Fed policy.$287.6M in Ether ETF inflows mark strong institutional demand.Corporate treasuries hold nearly $30B in ETH, adding structural support.Bitcoin dominance falls below 60%, signaling capital rotation into altcoins.ETH Crosses Record Highs After Powell’s SpeechEthereum surged past $4,870 on Coinbase Friday, setting a new all-time high and closing a chapter on the long consolidation since November 2021. The breakout followed Fed Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium, where he signaled higher odds of a 25 bps rate cut in September.ETH jumped 14% on the day, extending its rebound to 250% since April’s $1,385 low. Powell’s comments on labor market stability and restrictive policy fueled expectations of looser liquidity — a tailwind for risk assets like Ethereum.ETF Inflows and Treasury Demand Reinforce RallyInvestor flows are confirming ETH’s strength:On Aug. 21, Ether ETFs pulled in $287.6M after a four-day outflow streak, lifting total ETH ETF holdings above $12.12B.Corporate treasuries, including BitMine, SharpLink, BTCS, and GameSquare, have acquired nearly $1.6B in ETH over the past month, swelling total corporate reserves to $29.75B.Ray Youssef, CEO of NoOnes, said ETH is increasingly viewed as a utility-rich reserve asset, not just a speculative token.Analyst Targets: $7,500 to $25,000Forecasts are turning more aggressive. Standard Chartered lifted its 2025 year-end ETH price target to $7,500 (from $4,000), projecting $25,000 by 2028.Hyblock analysts noted that ETH’s rally is supported by real demand absorbing OG supply, unlike past tops where early investors capped momentum. With ETF inflows, treasury adoption, and supportive U.S. regulation under the GENIUS Act, ETH may be in what they called a “perfect storm.”Bitcoin Dominance Declines as “Altseason” BeginsEthereum’s surge coincides with a drop in Bitcoin dominance below 60%, the lowest since March. At its yearly peak, BTC commanded 66% of crypto market share.This shift signals a rotation into altcoins, with ETH leading large-caps. According to CoinShares, ETH-focused products saw $2.86B in inflows in mid-August, compared to Bitcoin’s $552M. Month-to-date, ETH funds added $2.96B, while BTC products recorded $21M in outflows.Ethereum’s breakout to new highs above $4,870 is being fueled by a dovish Federal Reserve, record ETF inflows, and surging corporate treasury adoption. With Bitcoin dominance falling and altcoin season taking shape, analysts say the stage is set for ETH to test $5,000 and potentially climb toward $7,500 in the coming months.

Key Takeaways:ETH breaks past $4,867, surpassing its November 2021 record. Price is up 250% from April lows, fueled by dovish Fed policy. $287. 6M in Ether ETF inflows mark strong institutional demand source: https://www.binance.com/en/square/post/28702545894738?utm_source=BinanceNewsRSS

India’s Foreign Minister Subrahmanyam Jaishankar told reporters in New Delhi on Saturday that trade discussions between India and the U. S. are still ongoing. source: https://www.cryptopolitan.com/india-says-trade-talks-with-u-s-are-ongoing/

Key Takeaways:Ethereum network activity surged 63% in 30 days, boosting bullish momentum. Futures open interest sits at $69B, showing strong leveraged demand. ETH price hit $4,701, its highest in nearly 4 years, liquidating $351M in bearish bets. Investor risk appetite is rising, fueled by Fed signals of potential rate cuts source: https://www.binance.com/en/square/post/28702460712842?utm_source=BinanceNewsRSS

Key Takeaways:Ethereum network activity surged 63% in 30 days, boosting bullish momentum.Futures open interest sits at $69B, showing strong leveraged demand.ETH price hit $4,701, its highest in nearly 4 years, liquidating $351M in bearish bets.Investor risk appetite is rising, fueled by Fed signals of potential rate cuts.Ethereum Nears $5,000 After 4-Year HighEthereum’s native token ETH rallied to $4,701 on Friday, its highest level since November 2021. The surge liquidated more than $351 million in bearish futures positions, underscoring renewed bullish dominance in the market.The rally comes amid improving macro conditions. U.S. Federal Reserve Chair Jerome Powell hinted at a more accommodative monetary stance at the Jackson Hole Economic Symposium, boosting investor confidence in risk assets.With ETH trading above $4,800 at press time, analysts say the long-awaited breakout to $5,000 could be imminent.Nasdaq Rally Signals Risk-On ShiftThe Nasdaq index gained 1.8%, reinforcing the trend of investors moving away from bonds and back into equities and digital assets. Ethereum has already climbed 33% in the last 30 days, outpacing Bitcoin and most altcoins.Powell’s remarks further shifted expectations: bond traders now see a 45% probability of U.S. rates falling to 3.5% or below by March 2026, compared to 37% last week. Lower borrowing costs reduce financial stress and generally boost liquidity for risk assets like ETH.On-Chain Data Confirms Ethereum’s StrengthEthereum’s network activity is accelerating rapidly:Transactions: +63% in 30 days.Active addresses: +26% in the same period.By comparison, Solana saw just a 2% rise in transactions, with active addresses down 14%. BNB Chain registered a 50% drop in transaction count.This divergence underscores Ethereum’s dominance as the primary smart contract platform powering DeFi, NFTs, and Web3 growth.Futures Market Signals ResilienceDespite liquidations, ETH’s open interest remains steady at 14.4M ETH (~$69B), reflecting continued appetite for leveraged exposure. Futures premiums have risen to 7% annualized, up from 4% earlier in the week, signaling healthy optimism without overheating.According to analyst JA_Maartun, Ethereum futures buyers haven’t shown this level of aggressiveness in over a month — a clear sign of building conviction behind the rally.Can ETH Finally Break $5K?While BNB and Tron already trade above their 2021 highs, Ethereum still trails its previous record of $4,868. That gap remains a psychological hurdle, but current metrics suggest ETH may be ready to close it in the coming days.If Ethereum convincingly breaks above $5,000, analysts expect momentum could carry the price higher into price discovery territory, with institutional ETF flows and on-chain activity reinforcing the trend.Ethereum’s rally is being powered by booming network activity, robust futures demand, and a macro-driven shift toward risk assets. With ETH just shy of its all-time high, the stage is set for a potential breakout to $5,000 and beyoond.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry trends.

In his speech, Powell cited "sweeping changes" in tax, trade and immigration policies, saying that as a result, "the balance of risks appears to be shifting" between the Fed's goals of maximum employment and price stability.

Have you ever considered that the Internet is beyond human processing capabilities?

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On August 22, according to a comprehensive report by CNBC/Bloomberg/WSJ, Federal Reserve Chairman Jerome Powell gave a mild hint on Friday about possible future interest rate cuts, pointing out that high uncertainty makes the work of monetary policy makers difficult.

ETH, market, SEC, Ethereum finally hits a new all-time high after 1,384 days - where's the next milestone? Golden Finance, soon to reach $600 billion market capitalization.

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AI+Crypto Investment Notes: Interest-oriented, safety cushion first.

Golden Finance has launched the 2794th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

The competition in stablecoins has shifted from issuance to distribution, with the Federal Reserve naming "stablecoins, smart contracts, and AI" as the three pillars of payment innovation.