According to BlockBeats, on August 4, (Forbes) stated that the success of the Circle IPO would encourage those who are still on the sidelines, as cryptocurrency stocks present an attractive outlook for investors. Listed stocks can be purchased through traditional brokerage accounts and other platforms, eliminating barriers to entering the cryptocurrency ecosystem. Investors can enjoy the benefits that crypto brings, but with significantly less risk.
Forbes states that, like any free market, demand is expected to drive supply. This is good news for projects built within the crypto ecosystem. Newly launched projects signify a capital influx into the digital asset economy, and this capital will undoubtedly flow into infrastructure projects, developer tools, Layer 1 and Layer 2 blockchains.
Critics worry that the cryptocurrency IPO boom might stifle the altcoin market, with some even believing that the cryptocurrency market will never see the likes of 2021 again. This is somewhat true, as the ecosystem is maturing, and expecting altcoins to yield 1000% returns is no longer realistic. However, those who believe cryptocurrency IPOs will replace altcoin projects are only seeing half the picture. These stock listings are undoubtedly good news for altcoins, as they signify that cryptocurrencies are widely accepted and have become a legitimate part of the financial ecosystem.
According to Foresight News, the White House is preparing to sign an executive order that prohibits banks from terminating customer service due to political positions or involvement in cryptocurrency business. The draft instructs regulatory agencies to investigate whether banks have violated relevant laws, and violators may face fines and other penalties. The order could be signed as early as this week.
According to Deep Tide TechFlow, on August 4, the White House Digital Assets Working Group released a policy recommendation report on cryptocurrency, proposing a market structure and banking regulatory scheme. The report suggests clarifying the regulatory responsibilities between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, with the latter overseeing the spot cryptocurrency market. Edwin Mata, CEO of blockchain platform Brickken, stated that clarifying the regulatory scope of the two agencies helps to establish a mature and transparent crypto ecosystem, avoids regulatory overlap, and ensures consistency in legal interpretations.
● Citibank: The negative outlook for the U.S. economy will moderately push gold prices higher
According to ChainCatcher, Citibank has raised its gold price estimate for the next three months from $3,300 per ounce to $3,500, and the expected trading range has been increased from $3,100-$3,500 to $3,300-$3,600. Citibank stated that concerns about U.S. economic growth and inflation will intensify in the second half of 2025, and a weakening dollar will drive gold prices to reach historical highs. The U.S. employment data in the second quarter of 2025 has weakened, and geopolitical risks have risen.
According to Jin10 data, Ipek Ozkardeskaya, a senior analyst at Swissquote Bank, stated that if U.S. non-farm payrolls remain below 50,000 for six consecutive months, it will be viewed as a signal of economic recession. Currently, the U.S. may have already reached this threshold. The good news is that concerns about economic recession have strengthened expectations for Federal Reserve rate cuts; the bad news is that a weak economy is not part of Trump's promise. Rate cuts cannot magically save the market, and blaming the consequences of the government's policy chaos on the Bureau of Labor Statistics may undermine the credibility of U.S. economic data.
According to Deep Tide TechFlow, Greeks.Live released a briefing stating that the cryptocurrency market is at the end of a bull market. Bitcoin's 200-day moving average hit $100,000, but MicroStrategy's underperformance has raised market concerns. Whether Ethereum can break through $4,000 in the next two months is seen as a key indicator for the continuation of the bull market.
MicroStrategy's financing model has shifted from zero interest to monthly interest payments, and the decline in premiums reflects a change in market expectations for Bitcoin growth. Short-selling strategies on Solana/Ethereum cross pairs are in focus, with analysis showing that Solana may still have a 50% downside against Bitcoin, and funds are concentrating on mainstream cryptocurrencies.
● CryptoQuant analyst: Two more upward opportunities are expected in this cycle
According to Deep Tide TechFlow, CryptoQuant analyst Axel Adler Jr pointed out that investor risk appetite declines in the late bull market. Data shows that in March and December 2024, the indicator previously broke 1.9, but is now forming lower peaks, with holders beginning to sell, putting pressure on the market. The analyst stated that the Federal Reserve is expected to have two rate cuts this year, and two more upward movements are expected in this cycle, after which selling pressure will exceed demand, leading the market into an adjustment phase.
