Key Takeaways Ethereum surged more than 14% to a record high after Powell’s Jackson Hole speech signaled that rate cuts may be near. Bitcoin climbed to $117,000 while altcoins including AERO, Ethereum Classic, SPX6900, and ENA rallied double digits. Share this article Ethereum surged more than 14% on Friday, breaking above its November 2021 record of $4,869, after Federal Reserve Chair Jerome Powell hinted that rate cuts could arrive as soon as September.Speaking at the Kansas City Fed’s Jackson Hole symposium, Powell said the central bank was “shifting the balance of risks” and that recent conditions “may warrant adjusting policy,”…
Author: admin
Caroline Bishop Aug 22, 2025 20:39 Gala Games’ Townstar introduces Gems to clear Spoiled Soil, adding a new strategic layer to competitive farming maps starting August 26. Gala Games Enhances Townstar Gameplay with Gems Gala Games, the developers behind the popular farming simulation game Townstar, have announced a significant update that will alter the competitive landscape for players. Starting August 26, Townstar will introduce the use of Gems to remove Spoiled Soil, a challenging terrain feature that has been part of the game’s Casual mode. This update marks the first time Spoiled Soil…
As AI technology makes its way into the enterprise, Apple is rolling out new tools that will give businesses more granular control over where and how their employees can tap into artificial intelligence. With the release of Apple’s software updates arriving in September, the tech giant is adding another option for enterprise customers: the ability to configure the use of an enterprise version of OpenAI’s ChatGPT. Apple has already seen the demand for ChatGPT for Enterprise, which OpenAI says now has over 5 million business customers. These companies use the AI service to connect with their own internal data when…
Key Takeaways The SEC and Ripple have officially resolved their legal dispute, ending all appeals and clearing the way for final enforcement actions. The settlement confirms Ripple’s $125 million penalty and upholds the court’s clarification that XRP is not a security for secondary market trades. Share this article The long-running legal battle between Ripple Labs and the Securities and Exchange Commission has entered its final stage after the US Court of Appeals for the Second Circuit approved a joint stipulation dismissing the parties’ appeals, as confirmed by defense lawyer James Filan on Friday. #XRPCommunity #SECGov v. #Ripple #XRP The Second…
ETH price prediction targets $5,200 within 2 weeks as Ethereum breaks above $4,784 resistance. Technical analysis shows bullish momentum despite MACD divergence warning. ETH Price Prediction: Ethereum Eyes $5,200 Break After 12.6% Daily Surge Ethereum has delivered an impressive 12.6% daily gain, reaching a new 52-week high of $4,784.29, setting the stage for a potential breakout toward the $5,000+ zone. This comprehensive ETH price prediction analyzes the technical setup and analyst forecasts to determine whether Ethereum can sustain its bullish momentum or faces a pullback. ETH Price Prediction Summary • ETH short-term target (1 week): $5,139 (+7.4% from current levels)…
Bitcoin is trading at a pivotal level after losing momentum from the $120,000 zone and falling into deeper volatility. Prices are currently testing a support level of $112,000, a key zone for the Bulls to defend against bearish pressure. The broader trends remain constructive in the long run, but the short-term outlook is leaning towards weakness, and the momentum indicators are leaning towards the negative. Related readings Analysts emphasize this moment as a potential inflection point in the market. A strong defense of the current level will reset your emotions and allow Bitcoin to integrate before another breakout attempt. However,…
Key Takeaways Bitcoin surged above $116,000 following Federal Reserve Chair Powell’s signal of possible rate cuts. Powell emphasized a data-driven approach to monetary policy, citing resilience in the economy and ongoing inflation concerns. Share this article Bitcoin climbed over 3% on Friday to trade above $116,000 as optimism in crypto markets picked up after Federal Reserve Chair Jerome Powell gave a cautious signal that the central bank could move toward lowering interest rates.Speaking at the Fed’s Jackson Hole event, Powell noted that inflation is still “somewhat elevated” but has eased substantially from post-pandemic highs.The Fed is facing a delicate balance,…
Iris Coleman Aug 22, 2025 09:39 RIKEN partners with Fujitsu and NVIDIA to develop FugakuNEXT, a cutting-edge supercomputer to enhance Japan’s scientific research and innovation capabilities. Japan’s prominent research institute, RIKEN, has announced a collaboration with technology giants Fujitsu and NVIDIA to develop FugakuNEXT, a state-of-the-art supercomputer. This initiative is not merely focused on speed but is aimed at addressing Japan’s crucial scientific challenges, according to a report from NVIDIA. Collaboration for Advanced Computing The FugakuNEXT International Initiative Launch Ceremony, held in Tokyo on August 22, 2025, marked the beginning of this ambitious…
Key Takeaways Philippines legislators propose a bill for the central bank to purchase 2,000 Bitcoin annually, building a 10,000 Bitcoin reserve over five years. The reserve would be held for at least 20 years, with BTC sales permitted only to retire government debt. Share this article Miguel Luis “Migz” Villafuerte, a Filipino congressman known for becoming the country’s youngest elected governor, has filed a proposal that would require the central bank to steadily accumulate Bitcoin as part of the Philippines’ sovereign reserves.The measure, filed as House Bill 421, would direct the Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank,…
Timothy Morano Aug 22, 2025 10:04 Bitwise Investments unveils its long-term market assumptions for Bitcoin, covering price, volatility, and correlations through 2035. Bitwise Investments, a prominent player in the crypto asset management sector, has released its long-term capital market assumptions for Bitcoin (BTC), extending projections through the year 2035. This comprehensive report provides insights into expected price trends, volatility, and correlations within the cryptocurrency market, according to Bitwise Investments. Price and Volatility Forecasts The report outlines Bitwise’s expectations regarding Bitcoin’s price trajectory over the next decade. With the increasing institutional adoption and regulatory…