Bitcoin and Ethereum rose after Federal Reserve minutes showed two FOMC governors preferred a 25-basis-point cut, sparking a brief dip then recovery; Bitcoin traded near $114,253 and Ethereum around $4,347
Kraken, in partnership with Backed, is collaborating with Tron DAO to integrate its tokenized equities product, xStocks, with the Tron blockchain. Kraken’s Tokenized Equities Product Launches on Tron Network Kraken said the integration will see Backed deploy xStocks as TRC20 tokens on the Tron network. Each token will maintain a full 1:1 backing with the
Crypto companies are accelerating their initial public offering (IPO) preparations with regulatory authorities to take advantage of favorable market dynamics before the September 1 Labor Day holiday in the United States. A recent Bloomberg report indicates that these digital asset companies include Gemini Space Station Inc., helmed by billionaire twins Cameron and Tyler Winklevoss, alongside blockchain-focused lending firm Figure Technology Solutions Inc. Wall Street Banks Reveal $15B Crypto Companies IPO Pipeline Before September Earlier market uncertainties, including this year’s trade policy volatility, caused potential public companies to delay their debuts. However, these concerns have largely evaporated following successful listings like stablecoin provider Circle Internet Group Inc., which more than doubled in value upon market entry. “We are witnessing technology sector participants fast-track their schedules, with some who were previously targeting late this year or early next year now inquiring whether we can expedite the process,” explained Will Connolly, Goldman Sachs Group Inc.’s co-head of equity capital markets. Keith Canton, JPMorgan Chase & Co.’s co-head of Americas equity capital markets, suggests that dozens of enterprises could complete public offerings before year-end, potentially generating over $15 billion collectively and pushing total IPO proceeds, excluding SPACs, toward $40 billion in 2024. JPMorgan is reportedly managing approximately 10 companies that have filed publicly or confidentially within its IPO pipeline, plus an additional 15 to 20 firms actively testing the market waters. According to Bloomberg, the U.S. IPO market is working to overcome several sluggish years following the record-breaking surge of 2021. This risk-positive environment is fueling optimism that 2025 will maintain this upward trajectory, with crypto companies positioned to benefit. The Circle IPO success story has particularly captured Wall Street’s attention to the digital asset market. Recently, crypto exchange Bullish also made its debut on the New York Stock Exchange with backing from Wall Street billionaire Peter Thiel, breaking new ground with its $1.15 billion initial public offering. The company became the first U.S.-listed entity to raise such a substantial sum entirely through blockchain-based stablecoins. The @Bullish IPO raises a record $1.15B, a first for a company on the @NYSE using majorly @solana stablecoins for funding. #Stablecoins #Solana https://t.co/SJkNm4kmSu — Cryptonews.com (@cryptonews) August 19, 2025 Bloomberg’s ranking of major U.S. listings shows two crypto companies, Circle and CoreWeave, leading the top 10 best-performing IPOs of 2025, delivering returns of 336% and 132% to investors, respectively. Source: Bloomberg Also ranking prominently is Figma, which has recently venture d into cryptocurrency through Bitcoin acquisitions. The design company generated over 110% in returns following its public listing. Another crypto company is Bullish, which priced its IPO at $37 per share, achieving a $5.4 billion valuation and raising $1.1 billion while providing investors with a 66% return. Which Crypto Companies’ IPO Filings Are Coming Next? As the IPO season approaches, numerous crypto-focused enterprises are competing to go public. On Monday, blockchain-based lending platform Figure Technology Solutions, co-founded by former SoFi CEO Mike Cagney, publicly submitted its IPO filing . Figure Technology Solutions previously raised $200 million in a 2021 funding round at a $3.2 billion valuation. Meanwhile, Ripple has eme rged as a supporter of Gemini’s forthcoming IPO, extending a $75 million credit facility to the exchange that could expand to $150 million. Gemini, planning to list on Nasdaq under the ticker symbol “GEMI,” disclo sed this arrangement while filing for its highly anticipated public offering. This development positions Gemini to become the third crypto exchange to go public in the United States, following Coinbase in 2021 and Bullish earlier this month. Additionally, the IPO acceleration occurs amid a shifting regulatory environment that increasingly favors digital assets. Weekly Crypto Regs Roundup: Trump Media’s BTC ETF bid, SEC eyes clear rules post-Ripple, states crack down on $247M kiosk fraud. #CryptoRegulation #Regs https://t.co/pc1cQidDpJ — Cryptonews.com (@cryptonews) August 15, 2025 Since President Trump’s inauguration in January, the Securities and Exchange Commission has dismissed most litigation against cryptocurrency companies. The Trump administration has further advanced its crypto-supportive policies through various regulatory and policy initiatives. The post Crypto Companies Rush IPO Timeline to Capitalize on Hot U.S. Market Conditions: Report appeared first on Cryptonews .
Bitcoin and Ethereum were well into positive territory on a strong day for crypto markets.
Sonic (S) Labs has announced its first management offering aimed at expanding into the US financial markets. The plan includes a regulated S ETP/ETF product, a NASDAQ Private Investment in Public Equity (PIPE) vehicle, a Sonic USA structure, and regulatory-compliant access channels for both institutional and individual investors. BitGo will handle the custody of financial products under the offering. According to the company's statement, the highlights are as follows: Raising large-scale capital for S acquisition from spot markets through PIPE launch, Integration of Sonic into traditional financial markets through partnership with BitGo and a major ETF provider, Establishment of Sonic USA LLC, appointment of a CEO, creation of a US-based team and opening of an office in New York, Token issuance to be used solely for financial instruments and Sonic USA operations, Increasing the burn rate through on-chain mechanisms and strengthening the deflationary structure of S. Related News: BREAKING: Chaos Ensues in Token Set to Be Completely Acquired by Another Altcoin - Now There's a Higher Bidder Initial goals include supporting ETP/ETF products in the US, developing the NASDAQ PIPE tool, and attracting additional institutional investors. It was also announced that the Sonic USA team will receive performance-based incentive packages. *This is not investment advice. Continue Reading: This Altcoin is Entering the US Markets – They Have Taken the First Step, Here Are the Details
Top meme coin Shiba Inu recorded a 699,000% liquidation imbalance as its price dropped sharply along with the broader crypto market . This has again sparked a bearish sentiment, with the bears looking to be in control. How the Shiba Inu 699,000% Imbalance Happened Coinglass data showed that the Shiba 699,000% imbalance occurred due to the large disparity in the long and short positions that were liquidated in the space of one hour. This came as the SHIB price sharply dropped alongside the broader crypto market, led by Bitcoin, which declined to as low as $112,500 in the last 24 hours. The Shiba Inu price has dropped to as low as $0.00001206 during this period from an intraday high of $0.00001264, flushing a significant amount of long positions in the process. Further data from Coinglass shows that $425,230 in long positions have been wiped out in the 24-hour period, compared to just $11,230 in short positions. This development has sparked a bearish sentiment among Shiba Inu’s bulls , who appear to be waiting to see how things unfold before reentering the market. SHIB’s open interest is down over 4% in the last 24 hours, currently at $191.38 million. Meanwhile, the derivatives trading volume is also down 2%, currently at $177.46 million. However, a positive for Shiba Inu is that the long/short is at 1.0838, which indicates that more traders are currently long than short. This could spark a massive rebound when the market stabilizes. The crypto market is currently experiencing significant volatility ahead of Jerome Powell’s speech at the Jackson Hole Symposium on August 22. Investors await to see whether the Fed Chair will take a hawkish or dovish stance, with rate cuts in focus. SHIB Burns Skyrocket 2,196% Shibburn data shows that Shiba Inu’s burns have skyrocketed 2196% in the last 24 hours, with 1.6 million SHIB burned during this period. However, the burns are down over 28% in the last seven days, with about 72 million tokens burned this period. Increase in burns is typically bullish for the meme coin, since it could spark a supply shock as demand increases. The 24-hour increase in Shiba Inu’s burns follows the SHIB Chainlink integration , which enables token burns to occur across multiple networks. Amid these developments, crypto analysts like Javon Marks remain bullish on SHIB’s trajectory. The analyst earlier this month predicted that the top meme coin could rally over 150% to reach $0.000032, which may just be the start of a larger reversal. At the time of writing, the Shiba Inu price is trading at around $0.00001226, down over 2% in the last 24 hours, according to data from CoinMarketCap.
Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. Related Reading: Ethereum Breaks Above Key Level Against Bitcoin, Sparking Bullish Cycle Talk He further noted that Ethereum’s price movement is unfolding within a falling channel, a pattern that typically reflects short-term corrective pressure. This comes after the strong upward rally seen earlier this month, suggesting that the market is currently pausing and consolidating gains before deciding its next major direction. According to the analyst, if buyers can defend the $4,150 support, ETH may gain sufficient strength to attempt a breakout from the channel. Such a move could pave the way for a retest of the $4,788 resistance level or the all-time high zone. A successful push above this area would likely ignite renewed bullish momentum and possibly extend the larger uptrend. On the other hand, if the $4,150 level gives way under sustained selling pressure, Ethereum could face a deeper retracement. The next strong support lies around $3,900, a level that aligns with higher-timeframe support zones. This makes it a crucial area for bulls to defend, as a failure to hold there could shift market sentiment and signal the start of a more extended correction. Ethereum’s Next Move Hinges On Key Price Levels In his analysis of Ethereum, Ash Crypto emphasized the importance of momentum and key levels to watch closely. He pointed out that ETH is currently trading within a short-term bearish structure, characterized by a series of lower highs and lower lows on the chart. Related Reading: Ethereum Nears $5,000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge Despite this temporary weakness, Ash highlighted that a breakout above the falling channel would be a major shift in momentum. Such a move would flip the current bearish outlook into a bullish one, signaling the possibility of renewed upside pressure and a potential continuation of the broader uptrend. On the downside, the most critical support remains at $4,150. If this level fails to hold, the next strong support can be found at $3,900. As for the upside, the resistance to watch is $4,788. A successful retest and breakout above this level would likely confirm a strong bullish reversal, opening the door for ETH to push into uncharted territory. Featured image from Getty Images, chart from Tradingview.com
Whales fueled optimism, but with millions shifting onto exchanges, is ADA’s rebound already compromised?
Donald Trump wants Federal Reserve governor Lisa Cook out. On Wednesday, Trump jumped on Truth Social and wrote, “Cook must resign now!!!” This came right after Bill Pulte, his ally and the head of the Federal Housing Finance Agency, dropped a bombshell. Pulte publicly accused Cook of committing mortgage fraud by claiming two houses as her primary residence, at the same time. Pulte posted a letter on X saying Cook falsified bank records and property documents to lock in better mortgage deals. One of those homes was later listed for rent. He’s demanding the Department of Justice get involved. That’s not a small request. It adds more heat to the Trump administration’s long war against the Federal Reserve and its staff. Trump allies escalate mortgage fraud charges Pulte, who’s been echoing Trump’s frustration with the Fed, made the situation louder on CNBC. He claimed, “You cannot do that in America.” He was referring to Cook’s alleged tactic of calling two separate homes her main residence to get favorable loan terms. Pulte says one home went up for rent shortly after the deal closed. The accusation is simple: Cook claimed two primary residences, which is illegal under federal mortgage law. Pulte insisted there’s nothing political about it. “There’s no funny business here,” he said. “This is straightforward stuff, and if you commit mortgage fraud, especially in black and white, you will be prosecuted.” Trump isn’t new to beef with the Federal Reserve. He’s constantly bashed Fed Chair Jay Powell, calling him a “moron” and a “numbskull” for refusing to slash interest rates during his time in office. He’s also furious over the Fed’s decision to spend $2.5 billion renovating its Washington headquarters. White House pushes limits of Fed firing rules The fight over Cook’s position is not political; it is economical and it’s legal. Federal law says central bank governors can only be removed for “cause”, which usually means serious misconduct. That’s the only way a sitting board member like Cook can be kicked out before their term ends. Pulte argued on air that there’s “of course” cause to remove Cook, and then suggested Jay Powell could be the one to do it. “I’ll tell you this, Jay Powell, he has a chance to do the right thing by the law,” Pulte said. But that idea hits a wall. According to the Federal Reserve Act of 1913, only the president can remove a Fed board member. That legal wall got taller earlier this year. The Supreme Court suggested that the president can’t just fire Federal Reserve governors because he doesn’t agree with their decisions. So even if Trump wants Cook out, even if Pulte is screaming fraud, the law might not be on their side. Not yet. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
Crypto equities have markedly underperformed major crypto assets this month: Strategy (MSTR) and Coinbase (COIN) fell ~20% and ~27%, while Bitcoin declined ~3.7% and Ethereum rose ~13.4%. This gap reflects