News/Daily Market Wrap | Aug. 14 Daily Market Wrap | Aug. 14
Aug 14,2025,17:01
Hot Topics
- Bitcoin surpassed $124,000, setting a new all-time high, driven by anticipation of a September interest rate cut and strong institutional demand.
- Kazakhstan’s Fonte Capital launched Central Asia's first spot Bitcoin ETF, BETF, on August 13 on the Astana International Exchange.
- Trump signed an order on August 13, 2025, easing space industry regulations to speed up rocket launch licensing.
Market Updates
- Coinbase lost $300,000 to MEV bots exploiting a misconfigured 0x swapper contract.
- MetaMask is set to launch its USD-pegged stablecoin, mUSD, with assistance from Bridge and Blackstone.
- Ethereum DEXs outpaced Solana with $24.5B in 48-hour trading volume, fueled by institutional demand and ether ETF inflows.
- NFT market cap hits $9.3B, fueled by Ether surge.
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