Corporate America’s fears of a looming economic recession have evaporated as quickly as they emerged early this year. The number of S&P 500 companies that mentioned the word “recession” during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source FactSet. A recession is defined as two consecutive quarters of negative economic growth, as measured by the gross domestic product. “Recession was uttered just 16 times so far on earnings calls this quarter (4%), down from 124 in Q1 and the 10-yr average of 61. After Q4 ’24 it was the least of any quarter since Q4 ’21,” Neil Sethi, managing partner at Sethi Associates, said on X, quoting FactSet. The decline comes as some observers fear that President Donald Trump’s trade tariffs are beginning to impact the economy. Perhaps company leaders are operating under the assumption that the elevated tariffs will eventually be “watered down” through negotiations, rather than remaining a long-term economic burden. Trump recently unveiled sweeping tariffs in addition to those announced in April in a move aimed at sparking a manufacturing boom. That has lifted the average U.S. tariff rate to 20.1%, the highest sustained level since the 1910s, according to estimates released by the World Trade Organization and the International Monetary Fund. Markets, too, have largely looked past tariff-induced recession fears, with the S&P 500 rising 28% since the early April dip. Bitcoin, the leading cryptocurrency by market value, has risen to $122,000 from roughly $75,000, a 62% surge in four months, CoinDesk data show. According to JPMorgan, traders have been focusing on resilient corporate earnings and the expected economic recovery following the interim slowdown. More than 80% of S&P 500 companies have recently reported their second-quarter earnings, with over 80% beating earnings expectations and 79% surpassing revenue forecasts. That’s the strongest performance in four years. Read: Here Are 3 Bullish Reasons Why JPMorgan Sees S&P 500 Rallying Much Higher Powered by WPeMatico

Technical Analysis Overview DOGE gains 3% in the 24-hour period ending August 11, rallying from $0.23 to $0.24 between August 10 05:00 and August 11 04:00. The most aggressive move comes in the 01:00-02:00 hour on August 11, when price jumps from $0.23 to $0.24 on 829.05 million volume — more than double the 24-hour average of 334.71 million. Resistance emerges at $0.24 after high-volume rejection, while support consolidates at $0.23-$0.232. Elevated volume combined with higher lows signals accumulation pressure, positioning DOGE for a potential breakout if $0.24 clears. News Background The rally comes amid rising global economic uncertainty, with trade policy shifts and geopolitical tensions prompting investors to diversify into alternative assets. Monetary policymakers in major economies are monitoring developments closely, with inflation expectations and interest rate outlooks in flux. In this environment, institutional players have stepped up participation in cryptocurrencies — including meme assets — as hedging and diversification tools. Whale activity in DOGE has surged, with over 1 billion tokens worth roughly $200 million accumulated in recent sessions. Price Action Summary • DOGE rallies 3% from $0.23 to $0.24 between August 10 05:00 and August 11 04:00• 01:00-02:00 breakout sees 829.05M volume, more than double daily average• Resistance set at $0.24; support confirmed at $0.23-$0.232• Whale accumulation tops 1B DOGE worth ~$200M Market Analysis and Economic Factors The sustained whale buying underscores confidence in DOGE’s positioning during macro uncertainty. Institutional inflows into the $0.23 support zone suggest strategic accumulation rather than short-term speculation. The macro backdrop — defined by trade disputes and shifting rate expectations — is driving increased allocations to digital assets as perceived uncorrelated hedges. Technical Indicators Analysis • $0.23-$0.232 support reinforced by heavy buy-side volume• $0.24 resistance marked by high-volume rejection• 24-hour range spans $0.01 (5% volatility)• Breakout hour volume of 829.05M exceeds average by 148%• Higher lows pattern supports bullish continuation setup What Traders Are Watching • Breakout confirmation above $0.24 for upside continuation toward $0.25-$0.26• Persistence of whale accumulation amid macro volatility• Impact of global trade policy changes on broader crypto sentiment• Whether volume trends remain elevated into next resistance test Powered by WPeMatico

The LayerZero Foundation has proposed acquiring the closely-related Stargate (STG) and merging its token economy into the LayerZero (ZRO) ecosystem, a move that would consolidate the two protocols’ cross-chain infrastructure under a single asset. Stargate Finance was developed by the same team that created the LayerZero protocol, and the two companies share cofounders. The plan would see all STG tokens converted into ZRO at a fixed rate, effectively retiring STG as a standalone governance and rewards token. Post-merger, Stargate’s bridge revenues — which generated $939,000 in payouts to STG stakers over the past three months — would flow directly to the foundation. ZRO holders would benefit from potential buybacks funded by these revenues, while governance and utility would shift fully to the LayerZero token. LayerZero said combining the two tokens will make the system simpler, cut overlap, and focus value in one asset.Furthermore, if approved, the acquisition would also remove Stargate’s staking program in its current form, ending fixed-yield payouts to locked STG holders. Instead, former STG holders would participate in LayerZero’s token economy directly, without a dedicated staking yield mechanism. While the proposal is still under discussion, early community responses are highlighting valuation concerns, with some STG holders arguing the swap ratio undervalues their tokens relative to past price highs and ongoing revenue streams. Others have called for LayerZero to improve the terms or introduce alternative incentives to offset the loss of staking income. The proposal represents one of the larger token mergers in the layer 1 ecosystem this cycle, and its outcome could set a precedent for how closely linked protocols navigate governance, valuation, and revenue redistribution in similar consolidations. LayerZero’s ZRO and Stargate’s STG tokens are both up more than 20% in the past 24 hours, per CoinGecko. Powered by WPeMatico

El Salvador’s new legislation may rework it right into a regional monetary hub, attracting international capital and enhancing its world monetary status. The put up El Salvador passes law to allow investment banks to offer Bitcoin and digital asset services appeared first on Crypto Briefing. Powered by WPeMatico

Flare, the EVM-compatible interoperative chain has unveiled its new product—a seedless pockets, together with another upcoming plans. It’s steadily growing in consumer engagement, as evidenced by sure metrics. Shiny New Pockets In a press launch shared with CryptoPotato, Flare introduced the launch of its seedless, non‑custodial pockets Luminite. Turnkey’s embedded pockets expertise was used to create Luminite, which permits customers to arrange their pockets utilizing acquainted sign-in strategies corresponding to passkeys, biometrics, or e-mail, while not having to write down down and retailer a seed phrase. Funds might be added by way of built-in fiat on‑ramp companions (together with Topper) to buy FLR, XRP, and different belongings. “Luminite was constructed with one objective in thoughts: to bridge the hole between Web2 and Web3 customers. By eradicating complicated obstacles to entry, we’re enabling anybody—from first-time customers to seasoned crypto holders—to entry the complete energy of the Flare ecosystem.That is about making DeFi approachable, not only for the crypto-native, however for the following wave of customers discovering blockchain via actual utility,” mentioned Steve Chadwick, Co-founder of Luminite. Other than onboarding, Luminite will even be a direct entry level to Flare’s rising portfolio of DeFi protocols. Patrons will have the ability to delegate the native token, FLR, to FTSO (Flare Time Collection Oracle) information suppliers. Moreover, it will likely be doable to mint FXRP tokens (tokenized model of XRP) by way of FAssets (non-smart contract belongings bridged with full custody retained). Furthermore, it will likely be doable to swap tokens throughout the pockets, bridge belongings via the liquidity transport protocol Stargate, and have interaction in liquid staking by minting sFLR on Sceptre, the protocol for staking, all throughout the pockets Luminite interface. Flare has additionally unveiled plans for a future Be taught & Earn program with Revolut, which can incentivize new customers to discover the ecosystem via training and rewards primarily based on engagement. FLR So Far The blockchain not too long ago celebrated 3 years since its launch on June 25, 2022. Full operation began round 2-3 weeks following, in “statement mode”, the place the Flare Basis ran all validators. This section lasted roughly 8 weeks, after which a token era occasion (TGE) occurred, throughout which 15% of the whole FLR provide (~12 billion tokens) was launched to the general public by way of the Flare Enchancment Proposal course of. The native token has been up for almost all of the yr, marking appreciable features throughout July, and the blockchain itself has locked in over $150 million in DeFi quantity, based on information taken on the time of printing from DefiLlama. The publish Flare Launches Luminite Wallet, Expands Reach Into DeFi appeared first on CryptoPotato. Powered by WPeMatico

Bo Hines, who has led the Trump administration’s White Home Crypto Council since December 2024, is stepping right down to return to the non-public sector. Throughout his tenure, Hines oversaw key coverage initiatives, together with the administration’s push for devoted crypto laws and the passage of the GENIUS Act, which established a framework for dollar-pegged stablecoins. Bo Hines Steps Apart The previous school soccer participant was appointed by President Donald Trump in December 2024 to guide the newly shaped White Home Crypto Council. The appointment adopted Trump’s early-term govt order to ascertain the council as a part of a broader plan to overtake US digital asset coverage. He additionally helped direct the discharge of a complete digital asset regulatory roadmap and labored on implementing Trump’s govt order making a Bitcoin strategic reserve. The reserve’s progress has been restricted by guidelines requiring “budget-neutral” acquisition strategies – which means the federal government can solely add BTC via asset seizures or different cost-free channels. In March, Hines suggested revaluing US gold holdings to free funds for Bitcoin purchases with out including to the federal price range. He additionally met with greater than 150 business representatives in his first three months. Patrick Witt to Substitute Hines As for now, he’ll proceed as a particular authorities worker to help with AI initiatives alongside AI and Crypto Czar David Sacks. Confirming the event, Hines tweeted, “Serving in President Trump’s administration and dealing alongside our good AI & Crypto Czar David Sacks as Government Director of the White Home Crypto Council has been the dignity of a lifetime. Collectively, now we have positioned America because the crypto capital of the world. I’m deeply grateful to the business for its unwavering help – I like this neighborhood and all we’ve constructed collectively.” Hines’ deputy, Patrick Witt, is anticipated to interchange him. Witt occurs to be a former Yale quarterback and Pentagon official and has expertise in defense-related expertise funding, however no direct background within the crypto sector. His political profession features a congressional run in Georgia and repair as performing director of the Workplace of Strategic Capital. The publish Trump-Appointed Crypto Council Head to Step Down appeared first on CryptoPotato. Powered by WPeMatico

July proved to be a breakout month for Web3. The decentralized finance (DeFi) sector, particularly, which drover a lot of the momentum, in response to DappRadar. Whole worth locked (TVL) surged over 30% to finish the month at $259 billion and briefly touched an all-time excessive of $270 billion on July 28. Tokenized Inventory Growth The spike was indicative of a rising investor confidence, recent capital inflows, and stronger person demand throughout lending protocols, decentralized exchanges, and tokenized asset platforms. One of many month’s most putting developments came from tokenized shares, the place the variety of wallets interacting with these belongings skyrocketed from roughly 1,600 to greater than 90,000. This surge managed to elevate their market capitalization by 220%. DappRadar defined that the increase factors to real-world belongings (RWA) nearing a tipping level in adoption. In the meantime, Ethereum maintained its place as DeFi’s chief, because it recorded $166 billion in TVL in comparison with Solana’s $23 billion. Ether’s worth jumped practically 60% throughout the month, owing to favorable regulatory sentiment, whereas staking rewards climbed to 29.4% APY. On Solana, derivatives-focused Hyperliquid emerged as a income powerhouse, and accounted for 35% of all blockchain income in July. The platform now instructions over 60% of day by day perpetual futures quantity, with $15.3 billion in open curiosity, and processed $5.1 billion in USDC bridge transactions. Coverage developments additionally took middle stage as US lawmakers superior essential laws. The GENIUS Act created a stablecoin regulatory framework, whereas the CLARITY Act, outlined digital asset classifications between the SEC and CFTC. Including to the momentum, SEC Chair Atkins unveiled “Venture Crypto,” a roadmap to combine DeFi into conventional finance by means of new requirements for token issuance, custody, and sector-specific compliance. From Stoop to Surge The NFT market additionally staged a big comeback throughout the identical interval The report revealed that the sector even surpassed DeFi in exercise for the primary time in months. In line with market information, NFT buying and selling quantity surged 96% to $530 million, whilst gross sales dipped 4% to five million. The common NFT worth greater than doubled from $52 in June to $105 in July, as demand for blue-chip collections surged from from high-value merchants. On Ethereum, Blur captured as much as 80% of day by day NFT quantity, which was fueled by skilled merchants and its Mix lending protocol. OpenSea, then again, maintained its dominance in person numbers, and averaged round 27,000 day by day merchants with sturdy cross-chain listings. Zora noticed rising adoption by means of its creator-focused Layer 2 and ZORA token, which gives low-cost, accessible NFT minting. Main manufacturers additionally made strikes. For example, Starbucks concluded its Odyssey NFT loyalty pilot, Nike’s .SWOOSH collaborated with EA Sports activities for in-game digital sneakers, and Louis Vuitton, Rolex, and Coca-Cola (China) launched NFT pilots linked to authentication and collectibles. Moreover, entertainments and sports activities gamers like Netflix, NBA High Shot, and FIFA continued tasks with clearer licensing frameworks. “The large shift? NFTs are evolving from hype to utility, from collectibles and tradition to identification, ticketing, gaming, and tokenized real-world belongings.” The put up NFTs Beat DeFi in Activity as Both Sectors Explode in July appeared first on CryptoPotato. Powered by WPeMatico

4 publicly traded firms – Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Methods, and Torrent Capital – are actually among the many largest institutional holders of Solana (SOL). These entities collectively management greater than 3.5 million SOL tokens value over $591.1 million. Institutional Solana Holdings In line with CoinGecko’s latest evaluation, the mixed stake of the 4 firms represents almost 0.65% of Solana’s circulating provide and about 0.58% of the overall provide. Main the pack is Upexi, Inc., which has quickly constructed the biggest publicly disclosed Solana treasury. It has amassed 1.9 million SOL in simply 4 months. The corporate started its aggressive accumulation in late April 2025 and has paid a mean of $168.63 per token for a complete funding of $320.4 million. In second place, DeFi Dev. holds 1,182,685 SOL at a mean value of $137.07. This makes its $198.9 million stake essentially the most worthwhile amongst its friends with an estimated $36.8 million in unrealized good points. The agency has continued to develop its place, and most just lately added 181,303 SOL on July 29 for $28.2 million at $155.33 per token. It has given no indication of decreasing its holdings. In the meantime, Toronto-based SOL Methods follows with 392,667 SOL acquired by a gradual dollar-cost averaging strategy between June 2024 and July 2025, at a mean buy value of $166.86. This methodical accumulation, supplemented by staking rewards, has introduced its present valuation to $66.0 million, and a $3.9 million in unrealized good points. Torrent Capital rounds out the record with 40,039 SOL bought in early 2025 throughout 5 transactions at a mean of $161.84. Regardless of being the smallest holder, CoinGecko stated that iTorrent’s early entry forward of Solana’s main rally has yielded a $0.2 million achieve, with its stake now valued over $6.7 million. SOL Trades Close to Key Stage of Resistance Solana (SOL) has climbed over 14% prior to now month and is now buying and selling above $180 amidst a broader market surge.  Pseudonymous crypto dealer XO described the rally as a “robust transfer up off the latest lows,” although noting that the crypto asset lacked the “rounded retest sort construction” usually most popular for constructing a agency base. XO added that the present zone stays a vital threshold for SOL’s short-term value trajectory. The publish Meet the Public Companies Sitting on $591 Million Worth of Solana appeared first on CryptoPotato. Powered by WPeMatico

Centered on privateness and safety, DJED will likely be molded right into a multi-chain asset, offering the inspiration for each open and personal finance. Open-Supply Options Introduced on the Uncommon Evo blockchain convention and shared to CryptoPotato by way of a information launch, COTI, the EVM-compatible, privacy-focused Layer 1 (L1), unveiled the subsequent step in DJED’s improvement. Recall that the algorithmic stablecoin was launched in 2023 alongside IOG (now IOHK), an infrastructure, analysis, and engineering blockchain firm based by Charles Hoskinson and Jeremy Wooden. Three main upgrades are designed to propel DJED into a brand new sort of digital asset, introducing a brand new class of use circumstances and additional bolstering its place as core infrastructure for Web3. It has constantly held its peg since inception, outperforming its friends and making it one of many extra strong stablecoins in the marketplace. COTI is now open-sourcing key components of its infrastructure (order API, chain indexer, frontend) to encourage builders and communities to construct round it. Software program engineers will be capable to construct customized entrance ends for it, combine the stablecoin’s performance into wallets or decentralized functions (dApps), and run safe backend providers to work together with it. IOG famous the next: “Open sourcing DJED provides Cardano builders the power to examine, lengthen, and construct immediately on the protocol, with transparency, driving sooner innovation and deeper belief. It is a complicated system engineered for uniquely excessive assurance: it’s grounded in formal strategies, backed by in depth testing, and has been working reliably on mainnet for two.5 years.” DJED, Non-public, And On A number of Fronts COTI may even introduce Non-public DJED, the primary enterprise-ready, personal stablecoin, which can launch throughout a number of blockchains. By open-sourcing DJED, the privateness layer will present a wrapped model of it on its infrastructure. The personal iteration will likely be appropriate for firms, establishments, and customers who worth privateness alike. Sending and receiving, in addition to interacting with it, will likely be confidential; nonetheless, COTI’s capabilities lengthen past the coin’s present capability, permitting it to be included into extra complicated dApps and DeFi flows.  The safe and personal computation-focused Layer 1 is powered by garbled circuits (an encryption technique), which give dependable and scalable privacy-oriented infrastructure that may assist DJED cleared the path for privacy-first monetary primitives.  Presently, the Cardano chain is the house of DJED’s infrastructure; nonetheless, the personal model will be sure that its basis is ready for the subsequent wave of adoption. The layer’s programmability will be sure that customers can determine how, when, and with whom they are going to transact. Moreover, they are going to be capable to ship and obtain the stablecoin privately, making certain that solely the events they choose will concentrate on the quantities despatched and their respective addresses, whereas remaining compliant. The put up Cardano Stablecoin DJED Goes Private and Open-Source appeared first on CryptoPotato. Powered by WPeMatico