By Shaurya Malwa (All times ET unless indicated otherwise)
Bitcoin BTC
$115,244.11 is sitting around $113,00 having failed to clear $115,000. Not so long ago, when it was setting new highs and euph… [+13910 chars]

CoinDesk

All Eyes on Powell as Bitcoin Holds Below $113K: Crypto Daybook Americas

European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S. new stablecoin law intensifies pressure on the bloc to keep up the pace in the fast-moving world … [+1956 chars]

The GENIUS Act's passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments.

U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT

Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.
The broader crypto market added just 1% to $3.86 trill… [+3162 chars]

Crypto markets remain on the defensive as investors weigh macro pressures, rising ETF outflows and Powell’s upcoming remarks at Jackson Hole.

What Next for ETH, XRP, SOL as Bitcoin Stalls at $113K, ETF Outflows Mount

In today's Crypto for Advisors newsletter, Patrick Murphy from Eightcap, provides insights on the maturation of crypto as an asset and compares the evolution of Indices to the S&amp;Ps early days.
T… [+7832 chars]

Crypto may be nearing its S&P 500 moment, with indices set to provide legitimacy, structure, and mainstream adoption for digital assets.

Crypto for Advisors: From Equities to Crypto

YZY Money, a Solana-based memecoin linked to Ye (formerly Kanye West), debuted earlier on Thursday with blistering gains and an equally sharp controversy.
Yes X account posted about the token in ear… [+3476 chars]

The apparent celebrity-backed token surged thousands of percent at launch, but on-chain data points to concentrated control, insider trades and a liquidity design that leaves retail investors exposed.

Insiders Cash In Millions as Ye, Formerly Kanye West, 'Apparently' Issues YZY Token

Key bitcoin 
 indicators are signaling a potential shift to a bearish market regime as traders await Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium.The first one is t… [+3555 chars]

The 180-day call-put skew on Deribit is now most negative in over two years.

Key Bitcoin Indicators Hint at Bearish Regime Shift as Jackson Hole Nears

Bitcoin 
 hovered above $113,600 on Thursday after a slight rebound, with traders watching Powells address for clues on whether the central bank is ready to endorse rate cuts in September.Solanas SO… [+2592 chars]

Crypto markets are treading water as investors wait for Fed Chair Jerome Powell’s Jackson Hole speech, where a hawkish tone could drag bitcoin lower while a dovish pivot may offer relief.

Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powell’s Jackson Hole Speech

A group of major altcoins have bounced stronger than bitcoin 
 on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.BNB (BNB), the native token of the… [+1631 chars]

BTC only mounted a modest bounce from the overnight lows, while BNB hit a new record high and ETH, SOL rebounded 6%-7%.