According to Cointelegraph, the July U.S. Consumer Price Index (CPI) remained steady at 2.7% year-over-year, aligning with June's figures and falling short of the anticipated 2.8%. This stability in inflation has bolstered expectations for a Federal Reserve rate cut, with market predictions for a September reduction soaring to 93.9%, as reported by CME FedWatch. The core CPI, which excludes volatile food and energy prices, rose by 3.1% annually, meeting forecasts. On a monthly basis, the overall CPI increased by 0.2%, a slight decrease from June's 0.3%, while the core CPI saw a 0.3% rise, up from the previous 0.2% gain. The data presents a mildly bullish scenario for Bitcoin, as cooling inflation enhances the likelihood of monetary easing, a favorable condition for risk-on assets. A lower interest rate environment diminishes the opportunity cost of holding Bitcoin, potentially attracting new capital into the market. Despite the positive outlook, the core CPI's alignment with expectations suggests that underlying price pressures persist, indicating that the Federal Reserve may require additional evidence before implementing a rate cut. Looking ahead, the upcoming Producer Price Index (PPI) and Core PPI, estimated at 2.3% and 2.5% respectively, could play a crucial role. A softer-than-expected outcome might confirm a bullish macro setup for Bitcoin, reinforcing lower rate expectations and boosting demand for risk assets like Bitcoin. Following a bullish weekend, Bitcoin reached a high of $122,190 on Monday, but gains were short-lived as the price quickly dipped 3% to $118,500, failing to secure a daily close above the $120,000 mark. After the CPI data release, Bitcoin rebounded to $119,500, though a decisive close above $119,982 remains crucial to confirming immediate upside momentum. A daily close above $120,000 would be a historic first, potentially igniting the next phase of Bitcoin’s rally. On the technical front, a bullish flag pattern on the daily chart recently broke to the upside. The current pullback could be a retest before continuation toward the primary target of $130,000. Notably, technical analyst Titan of Crypto projects a similar bullish scenario, eyeing $137,000 based on a descending trendline breakout observed on Sunday. However, failure to reclaim $120,000 could invite short-term downside pressure. Immediate support lies in the $117,650–$115,650 zone. This key support area also coincides with the CME gap formed over the weekend, making it a critical zone for traders to monitor. Despite holding higher ground, Bitcoin is not entirely immune to losing the critical $100,000 support, with a deeper correction potentially testing levels as low as $95,000. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

In a stark fall from "crypto king," Do Kwon admits his TerraUSD stablecoin's peg was a deliberate fraud, trading a potential lifetime in prison for a 12-year sentence in a calculated plea that puts a price on his $40 billion deception source: https://cryptonews.com/news/do-kwon-pleads-guilty-to-fraud-accepts-12-year-sentence-19m-fine-is-justice-served-for-terra-investors/

The cryptocurrency BONK is currently testing a critical support level following a significant decline in its value. However, the recent late-session bounce in its price suggests that there may be signs of stabilization in the market. Investors and analysts are closely monitoring this development to determine whether BONK can maintain its position and potentially recover from this downturn. source: https://blocknews.com/bonk-tests-key-support-after-sharp-drop-but-late-bounce-hints-at-stabilization/

Bitcoin bulls lift their price target to $137,000 as odds of a Federal Reserve rate cut increase. source: https://cointelegraph.com/news/bitcoin-traders-target-137k-as-us-cpi-print-raises-fed-rate-cut-odds-to-94?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

At nearly 40% funded, SPX6900’s wilder cousin, TOKEN6900 (T6900), keeps cranking up its presale haul without slowing down. The playbook is simple – the same one used by meme coin legends like Dogecoin (DOGE), Pepe (PEPE), and SPX6900 itself: just be a plain old meme coin. While countless projects promise “unheard-of utility” and deliver nothing but overhyped […] source: https://cryptonews.com/news/token6900-presale-40-percent-funded/

Popular NYC mayoral candidate Zohran Mamdani finally mentioned crypto in a campaign commercial, and he went somewhat on the offensive. His newest ad skewered Andrew Cuomo for working with OKX during a federal investigation. Since Trump became the pro-crypto President, accusations of political corruption have hounded the industry from every angle. Zohran could turn these concerns into powerful momentum against the industry source: https://beincrypto.com/zohran-mamdani-nyc-mayoral-race-cuomo-crypto-criticism/

Tron, Tether, and TRM Labs expand their crime-fighting unit with Binance as the first T3+ partner, as industry data shows crypto hacks are getting faster and harder to stop. source: https://cointelegraph.com/news/crypto-crime-unit-250m-seizures-binance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Maxi Doge ($MAXI), Dogecoin’s ultra-ripped, caffeine-fueled cousin, has officially smashed through $500,000 in presale funding and is now powering toward the $750,000 mark. Investors can’t get enough of the meme coin market’s new alpha Doge, and he doesn’t just yap and wag his tail across lame memes; he’s the kind of Doge that could bench-press […] source: https://cryptonews.com/news/maxi-doge-presale-blasts-past-500k-approaching-750k/

President Donald Trump has told Goldman Sachs CEO David Solomon to either replace the bank’s chief economist or “just focus on being a DJ,” after a Goldman report said U. S. consumers will soon pay most of the costs from his tariffs. The remarks came on Tuesday via a Truth Social post as Trump defended his […] source: https://www.cryptopolitan.com/trump-biggest-banks-fire-chief-economists/

The data shows that a number of projects are witnessing unusually sharp growth in trades exceeding $100,000, even in cases […] The post Whale Activity Explodes Across Multiple Chains – Here’s Who’s Leading appeared first on Coindoo. source: https://coindoo.com/whale-activity-explodes-across-multiple-chains-heres-whos-leading/

An industry giant with total assets of nearly 800 billion yuan has officially joined the stablecoin race. The founder personally led the team to meet with two of Hong Kong's top financial officials within one day.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

On Monday, August 11, 2025, the Qubic protocol successfully completed its attempt to take control of the Monero network, making history.

The supply dynamics, ecosystem, and on-chain impact of ETH treasury companies.

Monero, Monero 51% Attack: A $300 million takeover of $6 billion technical verification? Golden Finance, Is Qubic an enemy or a new ally?

Stock tokenization is becoming the best narrative for the integration of TradFi and Web3 in 2025.

Recommended reading for this evening: 1. From clinging to Trump to shilling for the rich: How do ALT5 and WLFI play the capital game? 2. Bitmine's stock price surges again: What are the risks? 3. A blunt question: Is Ethereum still worth chasing?

This approach will not increase the company's debt burden, but it will dilute the holdings of existing shareholders. If the stock price weakens due to a market downturn or ETH price fluctuations, the company's ability to raise funds through additional issuance will be greatly reduced.

In a candid post, Li revealed that he has been frequently mocked by netizens over his decision to become a Singapore citizen in 2009.

Pudgy Penguins’ PENGU token won a trading contest on Kraken, leading to its mascot being featured on Williams Racing’s F1 car at the Singapore Grand Prix. The token has seen strong recent growth and expanded listings, boosting its profile in both the crypto and motorsport communities.