Latest Crypto News And Market Updates – August 15

1. Crypto Market Cools Down

The total cryptocurrency market capitalization dropped 3.9% in the past 24 hours, while U.S. stocks remained flat. FOMO sentiment has eased, which could be a healthy sign for the market.

2. U.S. July PPI Exceeds Expectations

Expectations for interest rate cuts have cooled, but the probability of the U.S. Federal Reserve lowering rates by 0.25% in September remains high at 92.5%. Some analysts suggest the PPI data is merely a “cover story” for large investors to rebalance their portfolios.

3. Statement From U.S. Treasury Secretary Bessent

The U.S. will not purchase Bitcoin directly. Confiscated Bitcoin will be held as a strategic reserve, and the government is exploring ways to acquire more without spending budget funds.

4. Lido’s ETH Staking Market Share Hits Record Low

Lido’s market share fell to 24.4%, the lowest level on record. However, LDO token prices have surged 56% in the past week.

5. BNB Hits All-time High

BNB reached $865, with a market cap of $116.4 billion — up 310% from its cycle low.

6. ADA Reaches $1

The rally is believed to be driven by institutional inflows and the growing Real World Assets (RWA) narrative.

7. WLFI Sparks Strong FOMO

Over-the-counter (OTC) price is nearing $0.30, while Justin Sun previously purchased $45 million worth at around $0.01125.

8. Macro Perspectives

 - Yi Lihua: “Every dip in a bull market is a buying opportunity — just avoid high leverage.”

 - Tom Lee: “PPI is no big deal — every correction since late 2022 has been a buying opportunity.”

9. SEC Delays Solana ETF Decision

The SEC has postponed its decision on the Solana ETF from Bitwise and 21Shares to October 16

10. AI Market Outlook

 - Bitcoin has set a new high but faces resistance at $120,000–$123,000.

 - Ethereum remains strong with positive sentiment.

 - Altcoins are highly volatile — pump fast, dump fast.

 - Overall market mood: cautiously optimistic.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.