CFTC Eyes Crypto Spot Trading, Bullish IPO, Indonesia Considers Bitcoin Reserves, Ripple Expands Stablecoin Payments, ETH Breaks $4K
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, August 4 th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, August 8 th, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $114,448.02 | 1.59%% | $116,263.52 |
| ETH | $3,570.17 | 13.51% | $4,052.45 |
| XRP | $3.00 | 9.66% | $3.29 |
| BNB | $757.95 | 4.92% | $795.27 |
| SOL | $163.69 | 9.09% | $178.57 |
| DOGE | $0.20 | 13.08% | $0.23 |
| ADA | $0.74 | 7.87% | $0.80 |
| TON | $3.46 | 2.47% | $3.37 |
| AVAX | $21.83 | 8.57% | $23.70 |
CFTC Eyes Spot Crypto Trading on Registered Exchanges
The U.S. CFTC plans to allow spot crypto trading on federally registered futures exchanges, a procrypto move that could accelerate institutional adoption.
Bullish Seeks $4.2B IPO in the U.S.
The crypto exchange Bullish, backed by Peter Thiel, aims to raise $629M in its public offering, leveraging the pro-crypto regulatory momentum in the U.S.
Indonesia Explores Bitcoin as National Reserve
Indonesia is considering Bitcoin as a national reserve asset. Bitcoin Indonesia recently pitched the idea to the Vice President’s office, including using Bitcoin mining to boost economic strength. With a $1.4T economy and 280M people, this could reshape Southeast Asia’s crypto scene.
Ripple Expands Stablecoin Payments with $200M Acquisition of Rail
Ripple acquires Rail to boost stablecoin payments and strengthen its global infrastructure.
Ether Hits $4,000 for First Time Since December 2024
Ether surged past $4,000 after eight months, gaining momentum and reducing Bitcoin’s market dominance. Analysts highlight Ethereum’s strong uptrend reminiscent of the 2021 bull run, with Bitcoin possibly facing a short rebound.
Sources
https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy
https://cointelegraph.com/news/ripple-to-buy-stablecoin-platform-rail-for-200-million
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