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Ethereum TVL is approaching $95B, marking its highest level since 2021 and signaling strong DeFi momentum.DeFi Growth Revives Ethereum’s MomentumWhat This Means for the Crypto Ecosystem
U.S. Treasury Secretary Scott Bessent has moved to reassure markets that Washington is still pursuing plans to grow its Strategic Bitcoin Reserve, despite earlier remarks that sparked a rapid sell-off.
KindlyMD has completed its merger with David Bailey’s Bitcoin-focused firm, Nakamoto, forming a Nasdaq-listed company with ambitions to build one of the largest Bitcoin treasuries in the world.
Bitcoin’s estimated leverage ratio (ELR) has dropped from its late July and early August highs, reducing the likelihood of sharp market corrections and helping to sustain price stability at elevated levels.
- 20:52Fed’s Logan: Periodic Assessments Provide the Fed with a Systematic Approach to Understanding the SituationAccording to a report by Jinse Finance, Federal Reserve official Logan stated that periodic assessments provide the Fed with a systematic approach to understanding the situation; further discussion should continue to determine whether communicating the federal funds rate target in a range format remains the optimal choice.
- 20:27US CFTC Acting Chair May Join MoonPay After Official Chair ConfirmationAccording to a report by Jinse Finance, crypto journalist Eleanor Terrett wrote that "there are rumors that after a permanent chair is confirmed, CFTC Acting Chair Caroline D. Pham will join the cryptocurrency payment platform MoonPay. MoonPay declined to comment on this. A spokesperson for the CFTC did not deny the rumor, telling me: 'As she stated in May, Acting Chair Pham will return to the private sector once a new chair is confirmed. In the meantime, she remains committed to faithfully carrying out the President’s agenda and delivering on his promise to achieve victories in the crypto space.'"
- 20:23US Dollar Index rises 0.73% on the 25thAccording to Jinse Finance, the US Dollar Index rose by 0.73% on the 25th, closing at 98.430 in the foreign exchange market.