ChainCatcher news, according to official sources, Solana Mobile announced that its second phone, Seeker, will start shipping on August 4, 2025.In addition, Seeker will launch the SKR token, which is the native asset of the Solana mobile economy. The SKR token will be directly distributed to developers and users participating in the ecosystem.

ChainCatcher news, according to CoinDesk, Bo Hines, the executive director of the White House Digital Asset Advisory Committee, stated at the Consensus 2025 conference in Toronto that despite challenges in the legislative process, the Trump administration still plans to complete the signing of bills related to stablecoins and market structure before the August congressional recess. Hines emphasized that current legislative negotiations are actively progressing, and the government remains optimistic about this timeline.In response to recent public skepticism regarding the Trump family's involvement in the cryptocurrency business, Hines stated that the president's children, as private business entities, have the legal right to participate in the capital markets and believe that digital assets represent the future direction of the financial industry. He also made it clear that reports about companies purchasing TRUMP tokens will not affect presidential decision-making.Additionally, Hines confirmed that the White House working group is still researching specific implementation plans for establishing a Bitcoin strategic reserve program. This statement continues the Trump administration's policy direction to maintain the United States' leading position in the digital asset space.

ChainCatcher news, according to Crypto In America, U.S. lawmakers are returning to Congress after the Easter recess, prioritizing cryptocurrency legislation with the goal of completing the stablecoin and market structure bills before the August deadline set by President Trump.The House Financial Services Committee and the Agriculture Committee will hold a joint hearing on May 6 to discuss the digital asset legislative blueprint. The Senate is also working to integrate the contents of the 2022 Lummis-Gillibrand bill and the FIT21 bill.

ChainCatcher News, U.S. Senate Banking Committee Chairman Tim Scott recently stated that the cryptocurrency market structure bill is expected to be passed by August 2025. He noted that the committee has advanced key cryptocurrency regulatory issues, such as the "GENIUS Act," this March, reflecting the priority given to cryptocurrency policy. Scott emphasized that "innovation must come before regulation" to ensure the United States maintains its global economic leadership in the digital asset space. This timeline is also consistent with the expectations of Blockchain Association CEO Kristin Smith. Several Democratic lawmakers have also expressed support for market structure and stablecoin legislation, pointing out that there is broad bipartisan consensus in Congress on this issue.

ChainCatcher news, according to Cointelegraph, Blockchain Association CEO Kristin Smith stated at the 2025 Digital Assets Summit that U.S. lawmakers may pass legislation related to stablecoins and crypto market structure as early as August. Bo Hines, Executive Director of the President's Digital Asset Advisory Committee, also predicted that comprehensive stablecoin legislation would be introduced in the coming months.Democratic Congressman Ro Khanna stated at the summit on March 18 that he expects Congress to pass the bill in 2025, noting that about 70 to 80 Democrats support stablecoin legislation to promote the global use of the dollar and enhance U.S. influence.

ChainCatcher news, according to The Block, at the first cryptocurrency summit held at the White House, Trump stated, "I support legislators passing the stablecoin bill and other bills focused on market structure, hoping that the dollar will maintain its dominance for a long time to come. If possible, I hope the lawmakers can send the bill to my desk before the August recess."Trump also discussed the issue of de-banking during the summit and called for an end to "Operation Choke Point 2.0," which has become a hot topic among some legislators and the digital asset industry in recent months. Cryptocurrency companies have increasingly criticized this, stating that they face challenges in seeking to establish and maintain bank accounts in the U.S.Trump stated, "They (the Biden administration) are forcing banks to close the accounts of cryptocurrency businesses and entrepreneurs, effectively preventing the transfer of funds between some exchanges, and weaponizing the government against the entire industry."

ChainCatcher news, Trump stated at the White House crypto summit that he will push for stablecoin legislation before the August recess, with the initial goal of sending the legislation to his desk within the first 100 days of his term, now extended by 4 months.

ChainCatcher news, cryptocurrency broker August has completed a $10 million funding round, led by Dragonfly Ventures, with participation from Foresight Ventures, Standard Chartered Bank, and 6th Man Ventures. The funds will be used to develop marketing strategies, hire more staff, and continue developing new technologies.August is a brokerage firm focused on cryptocurrency, aiming to connect clients with DeFi networks that lend cryptocurrencies and offer derivatives and token trading, including Aave, Morpho, and Uniswap.

ChainCatcher news, according to CoinDesk, the current price trend of Ethereum (ETH) is similar to when it bottomed out last August, suggesting that a new round of increases may be on the horizon. Data shows that ETH has fallen 32% to $2,770 since mid-December 2024, significantly lagging behind Bitcoin's performance.Jake Ostrovskis, an over-the-counter trader at cryptocurrency market maker Wintermute, stated that despite market volatility over the weekend causing some funds to be liquidated, the demand for ETH in the over-the-counter market remains strong. Data indicates that net inflows into U.S. spot ETH ETFs reached $420 million this week, accounting for approximately 13% of the total inflows of $3.18 billion since their launch.In the options market, Deribit exchange has seen large bullish options trades, including a combination of call options with a strike price of $3,500 and a strike price of $5,000, expiring on December 26, 2025, indicating that investors are optimistic about ETH breaking through $5,000 by the end of the year.

ChainCatcher news, K33 Research Director Vetle Lunde stated that the sharp drop in Nvidia's stock price yesterday triggered a chain reaction in the cryptocurrency market, leading Chicago Mercantile Exchange (CME) traders to quickly hedge their risks. The Bitcoin futures basis fell to negative territory for the first time since August 2023, while the nominal open interest experienced the largest single-day drop in history, plummeting by 17,225 Bitcoin.It is reported that the futures basis is the difference between the price of a futures contract and the current spot price of the underlying asset. This serves as an indicator of market sentiment and expectations. When the futures basis falls into negative territory, it indicates a shift towards bearish sentiment, and in the context of heightened risk aversion, traders are willing to sell futures at prices lower than the spot price.

ChainCatcher news, according to Bitcoin News, since August 2024, the mining difficulty of Bitcoin has seen a significant increase, with a quarterly rise of 24%.

ChainCatcher news, Pantera Capital CEO Dan Morehead predicted on the Bankless podcast that Bitcoin will reach the peak of a new bull market cycle in August 2025, with a target price of $117,000. Morehead pointed out that Bitcoin's price movements have consistently followed a four-year halving cycle, with the effects of the halving event typically starting to manifest about 400 days before it occurs and peaking around 480 days later. Morehead stated that the market environment in 2025 will be very favorable, benefiting not only from the halving effect but also supported by political and macroeconomic factors.

ChainCatcher message, according to the SoSoValue macro sector display, on December 18th, at the interest rate meeting, the Federal Reserve lowered interest rates by 25 basis points as expected, bringing the target range for the federal funds rate down to 4.25%-4.50%. For the rate cut pace next year, the Federal Reserve adjusted its expectations from "four rate cuts" to "two" through the latest dot plot. In addition, the Federal Reserve raised its expectations for future core PCE inflation and GDP growth, which is consistent with Powell's remarks, all conveying a more "hawkish" signal than the market expected. Data shows that the market risk sentiment VIX index rose to its highest point since early August (when the Bank of Japan raised interest rates).SoSoValue analysts stated that the FOMC proposed an unexpectedly aggressive rate cut plan, coupled with Powell's "hawkish" remarks, led to a shift in market sentiment towards panic, with U.S. Treasuries even overreacting. The U.S. stock market subsequently corrected, while the dollar strengthened. Overall, all risk assets reacted strongly to the FOMC's latest signals. Based on macro data, we believe that the fundamentals of the U.S. economy remain unchanged, the dollar remains strong, and consensus-driven assets such as cryptocurrencies continue to be a destination for capital inflows. Each market correction driven by sentiment in the game is a good entry point, and we recommend maintaining risk exposure at this time.

ChainCatcher news, according to the disclosure from lawyer Wu Enxiang's public account, in August this year, a public security agency in a certain area of the country determined that the behavior of using VPNs to trade cryptocurrencies was illegal, and the involved individuals were administratively punished, with their profits from trading cryptocurrencies confiscated.A public security agency in a certain area discovered that a man was using a VPN to illegally connect to the internet through non-statutory channels. He contacted overseas clients who needed to purchase a certain virtual currency through a foreign website, then bought the virtual currency at a low price using a certain currency on an overseas trading app, and finally sold it at a high price, engaging in the sale of the virtual currency. After being summoned by the public security agency, the man came to accept the investigation. During the operation of the studio, he illegally profited 90,000 yuan.The administrative penalty decision stated that the man's actions constituted unauthorized use of non-statutory channels for international internet access. According to Article 6 and Article 14 of the "Interim Regulations on the Administration of International Networking of Computer Information Networks of the People's Republic of China" and Article 11, Paragraph 1 of the "Public Security Administration Punishment Law of the People's Republic of China," it has been decided to order the violator Zhang San to cease networking, issue a warning, impose a fine of 15,000 yuan, confiscate the illegal gains of 90,000 yuan, and seize eight mobile phones and eight computers used in the crime.

ChainCatcher news, according to the Financial Times, since August of this year, employees and early investors of the UK fintech startup Revolut have sold nearly $1 billion in stock, following the company's UK banking license receiving support from major financial institutions, which has led to a valuation of $45 billion.

ChainCatcher news, encrypted KOL Ansem posted on X that since the market bottomed out on August 5, 2024, several altcoins have seen significant growth. Among them, $SUI leads with an 800% increase, followed by $XRP and $DOGE with increases of 414% and 365%, respectively.Other notable tokens include: $ENA (+335%), $AAVE (+332%), $FTM (+330%), $ADA (+270%), and $PEPE (+260%).It is worth noting that ETH increased by 66% during this period, while SOL rose by 87%.

ChainCatcher news, according to Jinshi reports, the dollar is heading towards its largest weekly decline in three months, as silver investors begin to question the so-called "Trump trade" that has driven the dollar's strength since the U.S. elections. The dollar index DXY fell nearly 0.2% during the Asian session on Friday, with the weekly decline expanding to 1.1%.This week, the dollar weakened against all other G10 currencies, with the dollar falling the most against the yen. Singapore's StoneX Financial forex trader Mingze Wu stated, "The market is still struggling to find the direction of the dollar." "We expect the dollar to move sideways until Trump is inaugurated in January next year, and once he announces his policies, the dollar's direction will become clearer."Posts by Trump on social media have begun to disrupt financial markets, as concerns grow that his policies may ultimately harm the world's largest economy, causing the dollar's eight-week rally to stall. Citigroup's index tracking forex fund dollar positions rose this week to its highest level since August 2023, indicating that long positions may be overly stretched.

ChainCatcher news, according to monitoring by IntoTheBlock, Ethereum "whales" are waking up, with the daily number of large transactions exceeding 10,000, the highest level since August.

ChainCatcher news, according to Lookonchain monitoring, a trader spent only 0.052 ETH (96 USD) on August 12, 2023, to purchase 608,650 TRUMP and started selling for profit 6 hours ago.So far, the trader has sold 6,000 TRUMP for 11.4 ETH (30,000 USD) and still holds 594,564 TRUMP (3.06 million USD), with a return rate as high as 32,000 times.

ChainCatcher news, according to The Block, PayPal's stablecoin PYUSD has been losing market share since it reached a market cap of over $1 billion at the end of August (when it was the fourth largest stablecoin). The current market cap of the token is $618 million, a decline of 40% over the past month and a half. The Solana-based PYUSD now has a market cap of approximately $267 million, down from the over $600 million peak it reached in August. Meanwhile, over $350 million worth of PYUSD tokens are circulating on Ethereum.The growth of this stablecoin has largely been attributed to PayPal's partnership with the Solana lending market Kamino Finance, which agreed to pay high yields subsidized by the payments giant to PYUSD holders. In recent weeks, the yield on PYUSD deposits on the lending protocol Kamino has dropped from around 17% to below 7%. The Solana-based protocols Drift and Marginfi, which also offered double-digit annualized rewards to PYUSD holders, have also been impacted. However, this trend may reverse. On Tuesday, Kamino added PYUSD to its "meme coin market," allowing users to borrow against positions in meme coins like WIF, POPCAT, and BONK. This arrangement will provide an additional $10,000 in PYUSD rewards to depositors each week. In contrast, lenders of PYUSD on the Ethereum-based decentralized exchange Aave are currently earning about 4.3%.During a similar six-week period, the market caps of the two major stablecoins USDT and USDC have remained relatively stable. Since August 31, Tether's stablecoin market cap has increased by $1 billion, while Circle's token market cap first increased by $2 billion and then decreased by $2 billion.