CRYPTO SOARS AFTER JEROME POWELL’S ADDRESS, ETH NEARS ALL-TIME HIGH, ALTCOINS & MEMES RISE
BTC faces decline amid hawkish Federal Reserve, with Jackson Hole event today. BTC ETFs experience a 5-day slump. ETH set for significant growth: JP Morgan. Hayes anticipates $20k ETH in this cycle. 27% of DATs currently trade below mNAV of 1. CFTC initiates ‘Crypto Sprint Initiative’. Eric Trump will visit Japan to promote crypto. DOJ will not target crypto developers with non-criminal intent. MetaMask introduces mUSD stablecoin. EU speeds up Euro stablecoin plans. China’s family offices investing 5% in crypto: UBS. Japan’s SBI diversifies into tokenized stock trading. Ripple and SBI to unveil RLUSD in Japan. India considers revisions to crypto tax. Australia mandates Binance audit.
