11 Aug 2025, 06:30

Huajian Medical Launches Ethereum Treasury Strategy, Aiming for Largest ETH Balance in Hong Kong Market

Huajian Medical (Hong Kong: 1931), a Chinese medical diagnostics provider, has reportedly launched its “Global Enhanced Ethereum Treasury with Downward Protection Mechanism” strategy, aiming to position ETH as its core reserve asset. This initiative seeks to establish the company as a leader in the Hong Kong stock market and on a global scale in terms

11 Aug 2025, 06:09

Bitcoin rose above $122,000, approaching its all-time high of $123,218 from July

Bitcoin climbed over $122,000 on Monday morning after the OG crypto found support at $120,080 Sunday night. From there, it gained about 3% through Sunday and is now within striking distance of the $123,218 peak set on July 14. Technical readings show the bullish momentum is still in play. The Relative Strength Index (RSI) on the daily chart is at 65, well above the neutral 50 mark, while the Moving Average Convergence Divergence (MACD) signaled a bullish crossover on Monday. These conditions point to the possibility of another leg up, though analysts caution that if the rally loses steam, Bitcoin could fall toward $116,000, a key daily support level. Trump policy changes and ETF inflows boost demand On Thursday, President Donald Trump signed an executive order instructing the Labor Department to work toward allowing 401(k) retirement plans to hold cryptocurrencies, private equity, and other alternative assets. The change could open millions of retirement accounts to Bitcoin, potentially increasing buying activity. Analyst Fan said opening up these accounts to higher-risk investments could bring in “significant” demand. Institutional flows remain another strong driver. Spot Bitcoin ETFs recorded $253 million in net inflows over the past week, keeping demand high despite some price consolidation after last month’s peak. Ethereum also saw strong interest, hitting its highest level since December 2021. Spot ether ETFs drew in $461 million last week, surpassing Bitcoin’s ETF inflows and underscoring strong institutional participation in both assets. Global markets watch inflation, trade deadlines, and currency moves In U.S. equities, futures inched higher Sunday night. Dow Jones Industrial Average futures rose 56 points, or 0.1%, while S&P 500 and Nasdaq 100 futures both gained 0.1%. The uptick followed a strong close last week, with the Nasdaq Composite setting a new high, the S&P 500 just shy of another record, and the Dow buoyed by a rally in Apple. Despite these gains, some investors remain cautious. Jay Woods, chief global strategist at Freedom Capital Markets, said the market might “be more in a digestion phase” and could see sideways movement. This week’s inflation data will be a major focus, with the consumer price index (CPI) due Tuesday and the producer price index (PPI) on Thursday. Woods stressed that “the most important thing is the CPI data” for shaping expectations ahead of the Federal Reserve’s September meeting. These reports come before the Fed’s Jackson Hole gathering in Wyoming on August 21-23, which could set the tone for future rate decisions. In Europe, IG futures suggest a positive open, with London’s FTSE 100 slightly higher, France’s CAC 40 up 0.2%, Germany’s DAX rising 0.3%, and Italy’s FTSE MIB up 0.5%. Asian markets were quieter overnight as traders awaited word on whether the U.S.-China tariff truce will be extended past its August 12 deadline. The truce, currently set for 90 days, has helped ease tensions that had threatened to disrupt trade flows. Emerging-market assets are also gaining. A weaker U.S. dollar boosted developing-market currencies, with the Indonesian rupiah leading gains in Asia. The Romanian leu and Czech koruna outperformed in broader emerging markets ahead of planned talks between the U.S. and Russia. An MSCI index of emerging-market currencies edged higher, while an MSCI gauge of EM stocks rose 0.2%. Traders are watching for signs of a more dovish Fed, potential extensions to the U.S.-China tariff truce, and progress in the U.S.-Russia discussions later this week; factors they believe could help drive the next phase of gains in developing markets. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

11 Aug 2025, 06:07

Watch Out: There’s a Lots of Economic Developments and Altcoin Events Coming Up Next Week – Here’s the Day-by-Day, Hour-by-Hour List

The cryptocurrency market is about to cap off a week of bullish activity for Bitcoin and altcoins. Ethereum, in particular, saw an impressive 21% rally this week. The reason behind the ETH rally is attributed to the SEC's statement that liquid staking activities are not securities. However, an SEC commissioner stated that he did not recognize this statement and issued a warning to those conducting liquid staking activities. Numerous economic developments and altcoin events await cryptocurrency followers in the new week. Here's the cryptocurrency calendar we've prepared specifically for you at Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Monday, August 11th Binance Alpha is listing SatLayer (SLAY). Bithumb and other South Korean DAXA members are delisting their ALEX tokens. Xeleb Protocol (XCX) is listed on Binance Alpha. Hong Kong plans to expand restrictions on misleading financial terms to include words such as “virtual assets”; a public consultation period ends today. sns.sol will terminate the airdrop of SNS tokens. The Securities Commission of Malaysia is planning to change rules for crypto exchanges, and the consultation period is set to end today. Tuesday, August 12 The Superp Foundation will open and distribute the remaining 3% airdrop in one go. The request page is expected to open today. Extended will transition to Starknet in three phases, with the first phase starting today. FTX lawyers are calling Three Arrows Capital's $1.5 billion request “unreasonable” and a hearing is scheduled for August 12. 15:30 – US Core Consumer Price Index (CPI) Monthly (Expected: 0.3%, Previous: 0.2%) 15:30 – US Consumer Price Index (CPI) Monthly (Expected: 0.2%, Previous: 0.3%) 15:30 – US Consumer Price Index (CPI) Annual (Expected: 2.8%, Previous: 2.7%) Related News: Watch Out: 26 Altcoins Will Have Huge Token Unlocks Next Week - Here's the Day-by-Day, Hour-by-Hour List Thursday, August 14th Gemini exchange shared on Twitter that it will make an important announcement today. 3:30 PM – US Initial Jobless Claims (Expected: 220k, Previous: 226k) 15:30 – US Producer Price Index (PPI) Monthly (Expected: 0.2%, Previous: 0.0%) Friday, August 15th The SEC may release a new report regarding the Ripple case. Coinbase is suspending trading of Function X (FX). SharpLink will hold a conference call to report its second-quarter earnings. FTX plans to open its next round of claims registration today and will release $1.9 billion in disputed claims reserves. Saturday, August 16 The Celestia Foundation is purchasing all TIAs held by Polychain. The transaction will be conducted through a phased unlock mechanism, with the first unlock occurring today. *This is not investment advice. Continue Reading: Watch Out: There’s a Lots of Economic Developments and Altcoin Events Coming Up Next Week – Here’s the Day-by-Day, Hour-by-Hour List

11 Aug 2025, 06:05

Crypto Treasury Firm Begins Deploying $500M War Chest to Buy BNB

The buy is “bullish in the short-term” but signals “top-down consolidation” that could erode crypto’s decentralization, Decrypt was told.

11 Aug 2025, 05:29

Bitcoin Volatility: 4 Things That Could Move Crypto Markets This Week

Crypto and stock markets have continued to rally despite ongoing tariff uncertainty. The rally may have been aided by some signs of economic softness and increasing odds of a rate cut in September. However, analysts tend to think that the path ahead may remain choppy, with trade, macro, and geopolitical developments still casting darker clouds over markets. This week, all eyes are on inflation data and consumer sentiment reports, which could also sway the Federal Reserve in September. Economic Events August 11 to 15 July’s Consumer Price Index (CPI) report, not including food and energy, is due on Tuesday, and this is one of two primary gauges of inflation. Policymakers, businesses, and consumers closely monitor the CPI report, as it reflects price trends across the economy and shapes sentiment. It is expected to come in firmer at 2.8% from 2.7%. July’s Producer Price Index (PPI) report is due on Thursday, and this is another leading indicator of inflation as it reflects input costs for producers and manufacturers and impacts retail prices. Friday will see July’s retail sales data released, indicating how much consumers are spending on durable and non-durable goods and highlighting overall economic health. This is followed by the consumer sentiment and consumer inflation expectations preliminary readings, which summarize the findings of a monthly survey measuring consumer confidence and long-term inflation expectations in the US. Key Events This Week: 1. OPEC Monthly Report – Tuesday 2. July CPI Inflation data – Tuesday 3. July PPI Inflation data – Thursday 4. July Retail Sales data – Friday 5. MI Consumer Sentiment data – Friday 6. Total of 5 Fed speaker events It’s a big week for inflation data. — The Kobeissi Letter (@KobeissiLetter) August 10, 2025 The current probability of a September rate cut stands at 88%, according to the CME futures Fed Watch tool. Earnings season is now nearing completion, so eyes are shifting to Nvidia, which is scheduled to report on August 27. Crypto Market Outlook Weekend momentum, which spilled over into Monday morning in Asia, has pushed total market capitalization up 2% on the day to an all-time high of $4.13 trillion. Bitcoin jumped more than 3% early on Monday to a four-week high of $121,850, as it came to within $1,000 of its all-time high. A new peak now seems inevitable. Ethereum was also outperforming, surging to an almost four-year high of $4,320 in early trading this week. ETH is now just 11.5% away from its 2021 all-time high. Only the top two were really making moves, and the rest of the altcoins were flat, aside from Hyperliquid and Chainlink, both adding more than 4% on the day. The post Bitcoin Volatility: 4 Things That Could Move Crypto Markets This Week appeared first on CryptoPotato .

11 Aug 2025, 05:15

Bitcoin Bulls Take Another Shot at the Fibonacci Golden Ratio Above $122K as Inflation Data Looms

Bitcoin (BTC) bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension originating from the 2018 bear market low and the 2022 bear market low. The 1.618% extension is derived from the "golden ratio," a revered mathematical constant in finance, which is widely found in nature and art. Many believe it also influences human psychology and market movements. This is the bulls' second attempt to scale the key resistance levels. They previously penetrated the same last month, but failed to sustain gains, which ultimately led to a price pullback to lows under $112,000. A successful hold above the "golden ratio" would cement expectations for a rally toward $140,000, the most popular call option strike on the crypto derivatives exchange Deribit. As of writing, the $140,000 call boasted a notional open interest of over $3 billion, according to data source Deribit Metrics. However, if the bulls fail to hold their ground for a second time, it would suggest the buying pressure is insufficient, potentially yielding a deeper correction. As of writing, BTC changed hands at $122,000, having hit a high of $122,171 during the early Asian trading hours, according to CoinDesk data. Focus on U.S. inflation Data due Tuesday is expected to show that the impact of Trump's tariffs crept into inflation in July, lifting price pressures in the economy. The core consumer price index, which strips out volatile food and energy costs, is likely to have risen 0.3% in July, according to the median projection in a Bloomberg survey of economists. In June, the core CPI increased by 0.2% from the previous month. A hotter-than-expected inflation print may trigger market volatility, but it is unlikely to deter the Fed from cutting rates in September, according to Marc Chandler, chief market strategist at Bannockburn Global Forex. In other words, the dollar's downtrend could continue after the CPI report, boding well for risk assets, including cryptocurrencies. "With U.S. interest rates still at the lower end of their ranges, despite a soft reception at the U.S. refunding last week, we suspect the market is vulnerable to what may prove to be the third consecutive monthly increase in the year-over-year headline and core CPI. After the report, we suspect the dollar's downtrend can resume," Chandler said in the market report on Sunday. He explained that July's weak jobs report was a significant turning point that raised bets for a Fed rate cut, ending the dollar's counter-trend recovery rally. Read more: Ether Volatility Spikes on Rally as Bitcoin Edges Back Toward Record Highs