Highlights & Market Momentum
$ETH surges toward a new record high, gaining strong traction as investors eye it as one of the biggest macro trades of the decade.
Institutional and retail appetite is fueling major inflows: $ETH spot ETFs have seen $524 million in net inflows over the past six days, with BlackRock’s ETHA alone bringing in $319 million on a single day.
Market Shakeup & Shifting Power Dynamics
Bullish, the crypto exchange backed by Peter Thiel, had a sensational IPO debut on the NYSE: Opening at $90 (from a $37 IPO price), peaking at $118, before settling around $70. The frenzy even triggered trading halts.
In India, Ethereum is outperforming Bitcoin, driven by a wave of pro-crypto reforms, bullish ETF launches, and the rising prominence of Ethereum’s ecosystem—and co-founder Vitalik Buterin’s renewed spotlight.
Regulatory & Policy Activism
Crypto Day of Action is happening in the U.S. today (August 14) — organized by advocacy group Stand With Crypto, it rallies online support for pro-crypto policies by urging crypto owners to contact their legislators.
Market Speculation & Trends
$XRP is consolidating within a tight trading range between approximately $3.20 and $3.30, caught in a symmetrical triangle—markets are waiting for a breakout in either direction.
Among meme coins, crypto whales are actively accumulating six standouts in August—including Little Pepe (LILPEPE), Pudgy Penguins, SPX6900, Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK)—driven by fundamentals, momentum, and hype.
