Daily Market Wrap | Aug. 20

2025-08-20 17:13:41分享至:

Hot TopicsWyoming launched the Frontier Stable Token, the first fully-reserved U.S. dollar stablecoin by a public entity, on seven blockchains.Fed's July 2025 meeting showed dissent, with Bowman and Waller pushing for rate cuts.SEC delayed rulings on crypto ETFs, including XRP, Solana, and Truth Social’s Bitcoin-Ethereum fund, to October 2025.Fed Vice Chair Michelle Bowman urged banks to adopt crypto and advocated for clear, tailored regulations in a pro-crypto speech.Ark Invest bought $21.2M in Bullish and $16.2M in Robinhood shares on Tuesday, despite a broad decline in crypto stocks.Market UpdatesBitcoin whales accumulated 20,000 BTC amid a 6.22% price drop to $114,971.SkyBridge Capital plans to tokenize $300M of its hedge funds on Avalanche using the ERC-3643 standard, partnering with Tokeny and Apex Group.Pump.fun surpassed $800M in revenue, regaining lead over LetsBonk as top memecoin deployers return.

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