According to BlockBeats, Canaan Technology (CAN.O) has announced that Bitcoin will be designated as the company's primary long-term reserve asset. This strategic decision reflects the company's commitment to integrating cryptocurrency into its financial strategy.

According to BlockBeats, recent data indicates a strong U.S. economy, with the dollar on track for its longest consecutive rise since February. The Bloomberg Dollar Spot Index increased by 0.3%, reaching its highest level since June 23, marking its fifth consecutive day of gains. Economic growth and inflation data released on Wednesday exceeded expectations, supporting the Federal Reserve's hawkish stance. In the second quarter, U.S. economic activity rebounded slightly due to a rise in consumer spending, while the Fed's preferred inflation measure, the core PCE, rose 2.5% year-on-year. Additionally, ADP private sector employment data shows the labor market remains strong. Valentin Marinov, head of G10 currency strategy at Crédit Agricole, noted that the market might interpret this data as indicating a slower and more delayed pace of future Fed rate cuts. If Fed Chair Jerome Powell maintains his current relatively neutral policy outlook, the dollar's interest rate appeal could further increase.

According to the announcement from Binance, the platform is set to launch a BNB Smart Chain Trading Competition on Binance Alpha. This event will run from 2025-07-30 16:00 (UTC) to 2025-08-13 16:00 (UTC), offering participants the chance to trade Aspecta (ASP), Zircuit (ZRC), Yala (YALA), and Trusta.AI (TA) via Binance Wallet (Keyless) or Binance Alpha to earn exclusive token rewards. Eligible users can participate in this competition by trading Binance Alpha tokens during the specified period. Participants will be ranked based on their cumulative trading volume across the four tokens during the promotion period. The reward structure is divided into four independent categories, each with its own token pool. For ASP, the top 14,000 users by trading volume will share 6,000,000 ASP tokens equally, receiving 428 ASP each. Similarly, the top 14,000 users for ZRC will share 25,000,000 ZRC tokens, with each receiving 1,785 ZRC. For YALA, the top 14,000 users will share 5,000,000 YALA tokens, equating to 357 YALA per user. Lastly, the top 6,000 users for TA will share 6,000,000 TA tokens, with each receiving 1,000 TA. Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify, and there are no volume caps for participants. Limit orders will receive a 3x weighting in prize pool calculations, enhancing the potential rewards for users who utilize this trading method. The rewards are not mutually exclusive, allowing eligible winners to receive rewards from each trading task pool if they meet the requirements. Token rewards will be distributed to eligible users before 2025-08-27 16:00:00 (UTC).

According to Foresight News, representatives from Polygon Labs have communicated via Discord that Polygonscan is currently undergoing a data update. They clarified that the blockchain itself is not experiencing downtime, but some RPC service providers require patch updates.

Key TakeawaysBitcoin’s price remains stuck between $117K–$120K, with traders trimming exposure before the FOMC decision.Futures open interest fell by $1B, with $173.8M in long liquidations in 12 hours.Price compression and near-pinched Bollinger Bands hint at an imminent range expansion.Bitcoin is showing signs of fatigue ahead of this week’s critical macro events, but analysts say the pullback is pre-FOMC derisking — not a structural trend change.Bitcoin (BTC) traded around $117,693 on Tuesday, poised for a daily close below $118K after slipping within its $117K–$120K range. While some analysts warn of a potential retest of $114K–$110K support, traders are watching two catalysts that could shift momentum:Wednesday’s Federal Reserve interest rate decisionThe White House’s long-awaited crypto policy report — which could include details of a strategic Bitcoin reserve.Traders Cut Risk Ahead of Key EventsThe pre-FOMC caution is clear. Data from TRDR shows Bitcoin’s aggregate open interest dropped to $49.58B from $50.58B at Tuesday’s Wall Street open, while Coinglass reported $173.8M in long positions liquidated in the past 12 hours.“Typical pre-FOMC behavior — traders cut leverage, reduce risk, and wait for Powell,” one market analyst wrote on X.This echoes previous patterns: traders exit risk before major Fed announcements, only to reenter positions aggressively if news aligns with market expectations.Why This Isn’t a Trend Change — YetBitcoin’s price has entered a tight compression phase, with its intraday range shrinking by nearly 45% in three weeks — from $4,200 on July 14 to just $2,300.Such compression often signals a powerful breakout ahead. Bollinger Bands are now pinching tightly, historically a precursor to range expansion.“Bitcoin’s consolidation is brewing energy for a major move,” an options trader told Cointelegraph. “FOMC guidance or the White House announcement could be the trigger.”Fed, Trump, and the ‘Bitcoin Reserve’ NarrativeCME FedWatch shows a 98% probability the Fed will hold rates steady at 4.25–4.50%, despite Trump’s pressure for immediate cuts.But traders are laser-focused on Powell’s tone and the White House crypto report, which could outline:The government’s exact Bitcoin holdingsWhether a strategic Bitcoin reserve is in playIf the report confirms bullish policy signals, analysts say Bitcoin could snap out of its range quickly.What’s Next for BTC Price?For now, $117K–$120K remains the battleground. Analysts flag:Upside trigger: A clean break above $120K could see BTC chase liquidity toward $122K–$125K.Downside risk: A break below $114K could open a quick move to $110K.But with volatility compressed and key events looming, traders expect a decisive breakout soon.

A wave driven by stablecoins that will reshape the global asset and payment landscape has arrived.

According to BlockBeats, Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partnership, has highlighted the challenges faced by Federal Reserve Chair Jerome Powell. The labor market is showing signs of strain, while inflation remains significantly above the 2% sustainable target set by Powell. Additionally, the financial environment is notably loose. With considerable time remaining before the September meeting, Powell's strategy of maintaining an ambiguous stance appears advantageous.

Despite being down 15. source: https://coindoo.com/market/pengu-price-prediction-rebound-likely-as-technical-indicators-align/

Bitcoin remains trapped in a tight consolidation range that began over two weeks ago, fueling expectations of an imminent breakout or breakdown. The lack of decisive movement has created a state of market indecision, with neither bulls nor bears taking full control. Price continues to hover between key support and resistance levels, showing no strong signs of accumulation or distribution. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle According to new data from CryptoQuant, the Bitcoin Heat Macro Phase—a metric that reflects the overall temperature of the market—currently sits at a neutral level source: https://www.newsbtc.com/bitcoin-news/bitcoin-heat-macro-phase-signals-market-sits-between-accumulation-and-distribution/

Key TakeawaysXRP plunged as much as 13.5% this week, underperforming Bitcoin and Ethereum.Ripple co‑founder Chris Larsen moved $175M worth of XRP, with $140M landing on exchanges.Over 93% of XRP supply is in profit, sparking heavy profit-taking pressure.XRP has been one of the weakest major cryptocurrencies this week, sliding 13.5% from recent highs as whale activity and profit-taking trigger heavy selling. The token is trading near $3.07, raising concerns that it could break below the psychologically important $3 level if selling pressure persists.Ripple Co-Founder Transfer Sparks Market AnxietyOn July 17, Chris Larsen, Ripple’s co‑founder, reportedly moved $175 million worth of XRP to four separate wallets — with $140 million eventually hitting exchanges, according to blockchain sleuth ZachXBT.The timing was crucial: XRP had just peaked above $3.60, and the massive transfer signaled to traders that a major holder might be offloading tokens. That perception weakened confidence and triggered a wave of selling across the market.Over 93% of XRP Supply Is in Profit — Fuel for SellingAnother factor amplifying the downturn is XRP’s profitability surge. Data from Glassnode shows that 93.24% of all XRP in circulation is now held at a profit, after prices spiked to $3.60.Historically, when over 90% of a coin’s supply flips into profit, holders tend to lock in gains, especially if they believe the price has peaked.By comparison, Ethereum’s percentage supply in profit sits at 84.7%, still below the “overheated” zone.XRP Drifting Back to Realized Price LevelsGlassnode data suggests XRP is retracing toward short-term holder (STH) realized price ranges, between $2.30 and $2.80.These are the prices most short-term investors — those who bought in the past 1–3 months — paid for their XRP. When XRP peaked at $3.66, these holders were sitting on 20–30% unrealized gains.As prices began to drop, many likely rushed to take profits or cut losses, intensifying the sell pressure.Will XRP Hold the $3 Level?Analysts say the $3 level could be a key psychological support zone for XRP. If it fails to hold, XRP could drift toward the $2.80 range — and possibly even the lower bound of its STH realized price around $2.30.While XRP still enjoys strong liquidity and market attention, the combination of whale transfers, profit-taking, and broader market rotation into Ethereum and Binance Coin has left the token vulnerable to further downside.

Alleged digital asset report linked to Trump lacks official confirmation; no market shifts evident. source: https://coincu.com/351630-alleged-trump-digital-asset-report

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.

AI Agents Autonomously Purchasing NFTs Lead to Reflection among Crypto-Punks: How Real is AI "Consciousness"? Will It Compete with Humans for Crypto Assets?

Recently, Ethena (ENA)’s USDe stablecoin has become popular, with its market capitalization soaring from $140 million to $7.2 billion in one year, a surge of more than 50 times.

“When banks fail, cloud services go down, and servers are patched, Ethereum keeps running. We keep moving forward. Ten years online, always moving forward.”

If you only have "bull market" and "bear market" in your mind, then you can only rely on guessing at every corner: if you bet right, it is called "pocketing at a high position", and if you bet wrong, it is called "regret".

With the rapid development of blockchain technology and the widespread use of encrypted assets around the world, the United States, as the core of the global financial system, its regulatory attitude and policy direction are bound to have a profound impact on the global digital financial landscape.

As Ethena’s popularity grows, a crowded arbitrage chain is running at high speed.

Wang Linpeng, the billionaire chairman and Godfather of China Furniture was found dead inside of his home .

From the launch of the mainnet on July 30, 2015 to July 30, 2025, Ethereum has gone through 10 years.