Digital Assets Decoded: Your Daily Crypto Guide podcast.
Hey cryptonauts, Crypto Willy here with your red-hot roundup of everything that mattered in the digital asset world this past week. Buckle up, because even when the markets flatten out, the headlines are never boring!
If you zoomed in on Bitcoin this week, you’d see it consolidating above the $115,000 level, kind of catching its breath after months of drama. According to Coinpedia, all eyes are on **global liquidity**—that’s the M2 money supply—because if central banks let more cash flow, we could see another bull run towards those elusive six-figure highs. If liquidity tightens, expect more sideways action and some nail-biting[Coinpedia]. Add to that some technical analysts, like Benjamin Cowen, warning this period smells a lot like previous post-halving cycles, where late-summer momentum often hits a wall in September before that classic year-end rally. Pay attention—history doesn’t always repeat, but it sure loves to rhyme.
Now, if you’re an **altcoin fan**, the news was all about positioning. ZebPay’s August rankings still crown Bitcoin and Ethereum as royalty, but Solana, XRP, Dogecoin, and Avalanche are jockeying for relevance. Notably, SharpLink’s Ether holdings just sprinted past $3.1B, though they’re still trailing BitMine for the ETH gold medal, as reported by CoinDesk. While all that’s going on, bargain hunters are quietly scooping up Bitcoin during this latest dip, with Glassnode showing a surge in new buyers even as the price sits under pressure, according to Omkar Godbole at Coindesk.
On the **macro front**, everyone is watching the July inflation numbers and gearing up for Jerome Powell’s big speech at Jackson Hole. Analysts on Cryptodnes say a soft inflation print could pave the way for the Fed to start talking rate cuts in September, throwing fresh fuel on the risk asset fire. Conversely, if Powell comes out swinging hawkish, crypto may see another bumpy patch. Meanwhile, Japan’s Financial Services Agency is prepping for the country’s first ever yen-pegged stablecoin—this could be a big deal for regional liquidity and drive more East Asian capital into digital assets.
No week in crypto would be complete without some courtroom drama: Terraform Labs founder Do Kwon—yes, the man behind the infamous Terra collapse—is scheduled to attend a hearing in New York where he’s expected to change his plea after fighting a slew of charges tied to that $40 billion disaster. Expect his testimony to reverberate through the regulatory landscape, possibly giving the SEC more ammo for their ongoing chess match against projects like Ripple. Speaking of, Ripple is working toward a potential $50 million settlement with the SEC, and insiders suggest this Friday’s joint status update could move the regulatory goalposts for all crypto.
On the tech side, noteworthy: 1inch just unlocked Solana cross-chain swaps, and Faraday Future dropped its “EAI + Crypto” dual-flywheel strategy with the brand-new C10 Treasury index, signaling how the line between DeFi and traditional finance is blurring faster than ever.
Alright, legends, that’s a wrap. Thanks for tuning in to Digital Assets Decoded: Your Daily Crypto Guide. Make sure to come back next week for another spin through the wild world of Web3. This has been a Quiet Please production—check out Quiet Please Dot A I for more, and remember, Crypto Willy always has your back.
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