fedgovernorvacancy

$BTC $ETH $ADA
🔍 What's Happening Now:
• Bitcoin remains above $114K, supported by technical levels at its 50‑day EMA. Analysts expect a bullish reversal building, with targets of $148K–$189K in the event of sustained momentum.
• Ethereum pulls back ~6% in 24 hours after approaching $3,800, but analysts expect a future ATH (all‑time high).
• SharpLink contributes $54M to ETH reserves, purchasing more than 15,800 ETH within hours becoming one of the leading corporate ETH treasuries in the world.
• Elon Musk stirs alarm through Grok that quantum computing (IBM's Blue Jay system) could endanger Bitcoin's SHA-256 encryption integrity.
• US tariffs and macro uncertainty press down on crypto, causing liquidation and selling pressure as markets react to new trade policies.
• In Indonesia, crypto trade taxes jumped on August 1: 0.21% on domestic transactions (up from 0.1%) and 1% on foreign exchanges (from 0.2%). VAT abolished for consumers but doubled on mining. Income tax regulations will change in 2026.
• Whispers of a new Chinese crypto ban connected to the digital yuan program have emerged but prime sources and publications deny such reports; BTC bounced back rapidly to ~$113K after the hype.
• CoinDCX resumes withdrawals after a $44M security incident. User fund safety was guaranteed by exchange management.
• The UK's FCA has appointed Anurag Bajaj (former Standard Chartered) to enhance the crypto and payments regulatory regime in accordance with the initiative to position the UK as a world digital asset centre.
• Tron's founder Justin Sun, traveled to suborbital space on Blue Origin, accompanied by five others including other cryptocurrency personalities.
• Experts highlight leading cryptos in August: Dogecoin can rebound towards $0.20–$0.23 in the near future, while Remittix (RTX) is also getting hype as a long-term hold candidate with an active payments wallet and staking incentives.
• Cardano (ADA) hovers around $0.78, with whispers about if it can regain $1 as significant holders quietly stock up.
• Market outlook from DeepSeek AI recommends a handful of coins as “best buys for August 2025” premium AI-generated picks to watch.

"After darkness, comes light."
That’s exactly what today’s financial markets seem to be signaling. After months of uncertainty, inflation fears, and global tensions, we’re witnessing a wave of optimism. Stocks are climbing, crypto is surging, and investors are smiling again.

But the real question is — Is this rebound sustainable? Or just a temporary bounce?

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💹 What’s Driving the Rebound?

✅ Interest rate easing – Central banks like the Fed are slowing down their aggressive rate hikes.
✅ Inflation cooling off – Key inflation metrics are finally showing signs of stability.
✅ Strong corporate earnings – Tech giants like Apple and NVIDIA have reported stellar results, boosting confidence.
✅ Crypto revival – Bitcoin and altcoins are showing significant upward momentum.

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⚠️ But Risks Still Linger:

Geopolitical tensions remain high (US-China rivalry, Middle East conflicts).

Retail FOMO (fear of missing out) is causing many to jump in without strategy.

Real-world purchasing power is still recovering in many economies.

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🎯 Investor Advice: Play It Smart

> “In markets, patience isn’t just a virtue — it’s a strategy.”

🌱 Be patient
📊 Do your research
📁 Diversify your portfolio
🚫 Avoid emotional decisions

This rebound might be the beginning of a true bull market — but only smart investors will thrive.

$CFX

The value of the ENA token has increased as the USDe stablecoin reached a market capitalization of $9.3 billion, making it the third-largest stablecoin.

The price of Ethena has risen by 14%, as USDe has become the third-largest stablecoin after USDT and USDC.
Key Events

The USDe token associated with Ethena has surpassed FDUSD to become the third-largest stablecoin, after USDT from Tether and USDC from Circle.