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📊 Weekly Crypto Wrap | Aug 18-24

📈 ETH breaks ATH! Powell’s speech gave markets a boost, ETH soared, and now everyone’s eyeing the $5K breakout → altseason vibes incoming.

📈 Wyoming launches first state-backed stablecoin – FRNT.
🔷 $2.85B inflows into ETH ETFs (BTC got only $548M).
🔷 SharpLink Gaming bags 143K ETH – now holds $3.2B worth.
🔵 Coinbase sees $1.2T stablecoin market by 2028.
🇺🇸 Powell hints at September rate cut → markets cheer.
🔵 DOJ clears DeFi devs – code is not a crime.
🐕 Qubic plans 51% attack on DOGE.

…and much more: bankruptcies, U.S.–EU trade deals, China cutting Treasuries, hackers with fake captchas, and Hyperliquid’s record revenue.

👉 Read the full weekly digest on our Blog

💙 @SimpleSwap ◦ Website ◦ X ◦ Discord ◦ YouTube ◦ support@simpleswap.io
SimpleSwap | Cryptocurrency exchange blog Weekly Crypto Market Wrap August 18-24, 2025 | SimpleSwap This new weekly wrap highlights ETH’s new ATH, record ETF inflows, whale accumulation, Powell’s rate-cut hint, state-backed stablecoins, and a mix of regulatory, market, and security shocks shaping the crypto landscape. Read more in our article on the SimpleSwap…
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