🚀 Crypto Weekly Roundup: August 2, 2025 - Market Frenzy, Breakouts & Bloodbaths

Crypto never sleeps—here's what you missed while Wall Street was busy shorting innovation.

Bitcoin Flexes Muscle

BTC smashed through resistance levels like a bull in a china shop, leaving skeptics scrambling. Meanwhile, ETH stakers yawned—their 5% yields still beat traditional finance's 'high-interest' 0.5% accounts.

Altcoin Rollercoaster

Memecoins pumped and dumped faster than a hedge fund's ESG principles. One obscure DeFi token did 100x—then gave back 90% before analysts could finish their coffee.

Regulatory Thunder

Politicians demanded 'common sense oversight' (translation: more paperwork) while quietly accumulating bags. The SEC delayed another ETF decision—classic 'hurry up and wait' theater.

The Bottom Line

Crypto keeps rewriting finance's rulebook while bankers still use fax machines. Stay greedy (but not reckless)—next week's volatility starts in 3...2...1...

Ethereum outlines its next decade

Ethereum marked its 10-year anniversary with a bold new plan. Researcher Justin Drake proposed a “Lean Ethereum” roadmap to scale the mainnet to 10,000 TPS and Layer 2s to 1 million TPS. The vision aims to ensure ethereum stays fully decentralized, performant, and always online over the coming decade.

ETH spot ETFs continue strong inflow streak

Ethereum spot ETFs posted 20 straight days of net inflows, according to WuBlockchain. Total holdings now top $21.52 billion, or 4.77% of ETH’s market cap. BlackRock’s ETHA ETF saw the largest inflow at $9.74B, while Grayscale’s ETHE posted a $4.31B outflow. The shift signals strong institutional ETH demand.

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U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era

U.S. crypto policy gains momentum

The Trump-led Digital Asset Task Force called for new legislation giving the CFTC oversight of crypto spot markets. Meanwhile, the White House is preparing to disclose its bitcoin reserve holdings, per insiders. These steps point to a broader push for regulatory clarity in digital assets.

SEC launches “Project Crypto” reform plan

SEC Chairman Paul Atkins announced “Project Crypto”, a sweeping framework to modernize crypto rules. It addresses token classification, DeFi, tokenized securities, and cross-asset trading. The reform aims to position the U.S. as a global hub for digital asset innovation and regulation.

Tether expands USDT dominance

Tether reported a $4.9B Q2 profit and grew USDT circulation past $157B. Its $127B in U.S. Treasury holdings places it among the top global holders. As stablecoins gain relevance, Tether’s asset growth highlights its rising systemic role in crypto-backed dollar liquidity.

Coinbase pivots to full-asset platform

Coinbase posted $1.5B Q2 revenue and plans to add tokenized stocks, prediction markets, and new token offerings. The company’s BTC holdings ROSE to 11,776, worth $1.26B. The exchange aims to integrate traditional and crypto assets on one unified platform in coming quarters.

Strategy grows Bitcoin reserves

Strategy (formerly MicroStrategy) reported a $10B Q2 profit and now holds 628,800 BTC, or 3% of total supply. A new $4.2B raise via STRC preferred shares will fund additional BTC purchases. Its latest buy: 21,021 BTC at an average price of $117,256 each.

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U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era

JPMorgan and Coinbase partner

JPMorgan will directly connect bank accounts to Coinbase wallets, removing the need for intermediaries like Plaid. Users can soon redeem Chase points for crypto and fund accounts via Chase cards. The MOVE deepens crypto’s integration with mainstream banking infrastructure.

Bitcoin enters key retest phase

Bitcoin is retesting the $112.5K zone, described by traders as a crucial reload level. Merlijn The Trader sees this as the next breakout base. On-chain, 96% of BTC supply is in profit, a potential inflection point that could either trigger selling or signal long-term holder strength.

WuBlockchain highlights critical trends

WuBlockchain’s latest weekly report captured the convergence of macro shifts, institutional moves, and technical setups. From ETH inflows and stablecoin growth to SEC reform and BTC consolidation, this week laid important groundwork for what could become crypto’s next major cycle.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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