Coinbase believes crypto markets may be on the cusp of a full-scale altcoin season, with institutional demand for Ethereum playing a central role and a potential Federal Reserve rate cut in September setting the stage for retail inflows.
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Senator Cynthia Lummis is backing Treasury Secretary Scott Bessent’s plan to grow America’s Strategic Bitcoin Reserve using confiscated assets and budget-neutral measures, rather than direct purchases.
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ChatGPT’s Bitcoin analysis has revealed Bitcoin consolidating at a historic $117,208 level with a minor -0.92% decline, as Treasury Secretary Scott Bessent clarifies that the U.S. will pursue budget-neutral Bitcoin acquisitions rather than direct purchases for strategic reserves.
The altcoin season remains selective, but three names are capturing attention for different reasons. Chainlink provides infrastructure support, Pi draws speculative interest, and Solana benefits from ecosystem activity.
Altcoin season is showing selective strength, with liquidity and usage concentrating in a small set of tokens. Bitcoin dominance still remains above 60%, keeping most assets in check, yet capital continues to rotate into names with specific functions.
Solana’s leading meme coin launchpad, Pump.fun, has staged a dramatic comeback, posting one of its strongest weeks of 2025 and reclaiming dominance in the fiercely competitive meme coin market.
ChatGPT’s Bitcoin analysis reveals a dramatic recovery to $116,859 following a sharp rally from $112,320 after Fed Chair Jerome Powell hinted at September rate cuts, despite facing $1.17 billion in ETF outflows and institutional selling pressure throughout the week.
Ex Populus, the Delaware corporation behind Ethereum’s blockchain-powered gaming network Xai, has filed a federal trademark infringement lawsuit against Elon Musk’s artificial intelligence company xAI.
Ethereum experienced a 5% plunge on Tuesday, before recovering on Wednesday. The token rose 4.4% in the past 24h to $4,624.34, outpacing Bitcoin and the broader crypto market.