Welcome, dear readers, to the hottest crypto market news update, where we explore the significant developments shaping the digital finance space. The new week kicks off with positive signals, especially from Bitcoin and altcoins, promising an exciting period ahead. Join us as we highlight the key news and notable events you can’t afford to miss!
Market Spotlight: Bitcoin Breaks Out, Altcoins Explode!
The cryptocurrency market just saw an impressive start to the week on August 11. Bitcoin (BTC) strongly surged back to the $119,000 mark, asserting its strength as the leading digital currency. Not to be outdone, Ethereum (ETH) also set its highest weekly close since December 2021, indicating sustained growth for this ecosystem.
The suite of altcoins also continued to “dance” with astonishing growth rates:
- ZKJ increased by over 75.6%
- ZORA increased by 32.3%
- ENA increased by 13.6%
These figures indicate strong capital flow, creating numerous opportunities for visionary investors.
Macroeconomic & Policy News: Shaping Crypto’s Future
Beyond price fluctuations, macroeconomic and policy news also plays a crucial role in shaping market sentiment and trends:
- The U.S. Treasury Secretary just revealed that trade issues will be resolved before the end of October, a positive signal for global economic stability.
- Mr. Bo Hines, a White House Crypto council advisor nominated by former President Trump, has resigned to return to the private sector. This event could bring about changes in the administration’s cryptocurrency strategy.
- El Salvador continues to assert its pioneering status by allowing investment banks to hold Bitcoin reserves and offer crypto services. This requires a minimum charter capital of $50 million, opening a new era for traditional finance combined with crypto in the country.
- Michael Saylor, CEO of MicroStrategy, continues to hint at intentions to accumulate more BTC. Currently, MicroStrategy holds 628,791 BTC, valued at approximately $72.2 billion, reinforcing confidence in Bitcoin’s long-term potential as a reserve asset.
- LayerZero Foundation has proposed spending $110 million to acquire the Stargate (STG) bridge at an exchange rate of 1 STG = 0.08634 ZRO. This is a significant strategic move, demonstrating strong consolidation and development in the DeFi space.
Key Events Calendar: Exercise Caution with Economic Data!
To make informed investment decisions, investors need to closely monitor the upcoming macroeconomic event calendar:
- 7:30 PM on August 12: US to release July CPI data
- CPI Inflation Y/Y (Forecast = 3.0%, Previous = 2.9%)
- Core CPI Inflation Y/Y (Forecast = 2.9%, Previous = 2.8%)
- 7:30 PM on August 14: US to release July PPI data
- PPI Inflation Y/Y (Previous = 2.3%)
- Core PPI Inflation Y/Y (Previous = 2.6%)
- August 15: Former President Trump to meet privately with President Putin to promote a ceasefire. This event could impact global geopolitics and market sentiment.
- 7:30 PM on August 15: US to release July Retail Sales data
- Retail Sales m/m (Forecast = 0.5%, Previous = 0.6%)
- Core Retail Sales m/m (Forecast = 0.3%, Previous = 0.5%)
Inflation data (CPI, PPI) and retail sales figures can significantly impact the policy decisions of the Federal Reserve (Fed) and, consequently, the volatility of financial markets, including crypto.
Identifying Risks: Notable Token Unlock Schedule
Token unlock is an important event that can affect the supply and price of tokens. Below are the notable unlock events this week:
- August 12: Aptos unlocks 11.31 million $APT (2.20% of circulating supply), valued at $53.27 million USD.
- August 15: Avalanche unlocks 1.67 million $AVAX (0.51% of circulating supply), valued at $39.84 million USD.
- August 15: Starknet unlocks 127 million $STRK (5.98% of circulating supply), valued at $17.3 million USD.
- August 15: Sei unlocks 55.56 million $SEI (1.21% of circulating supply), valued at $17.89 million USD.
- August 16: Arbitrum unlocks 92.65 million $ARB (2.04% of circulating supply), valued at $43.23 million USD.
- August 17: ZKsync unlocks 173.08 million $ZK (3.61% of circulating supply), valued at $10.14 million USD.
Investors should note these unlock events as they can create selling pressure on token prices if there isn’t sufficient buying demand. However, it can also present an opportunity if the market absorbs the new tokens well.
Exclusive Airdrop Opportunities: Don’t Miss Out!
The crypto community is always buzzing with airdrop programs. These are excellent opportunities to receive free tokens and discover new projects:
- A giveaway of 10 Whitelist spots for the SoDEX Testnet project – a trading platform developed by Sosovalue.
- Summary of prominent airdrop programs for Week 1 of August 2025. Stay tuned so you don’t miss these golden opportunities!
The new week begins with many positive developments, but also with its share of challenges. Grasping market information, macroeconomic event schedules, token unlock events, and airdrop opportunities is key to making informed investment decisions. Always follow us for the fastest updates and in-depth analysis, helping you stay firm on your journey to conquer the crypto market!
