Cardano leaps to 8th, dethroning Dogecoin and TRON. $EDM sparks buzz as the future of energy crypto. DOGE chart hints at more upside, despite ranking drop. Scaramucci eyes $180K Bitcoin by 2025. ETFs lose $645M as BTC slides before Powell’s speech. ✨Here’s a quick glance:

🔹Recent predictions highlight Doge’s price movement for August 17, showcasing market volatility (Source).

🔹Analysts believe Bitcoin could reach $180K by late 2025, driven by institutional interest (Source).

🔹Ethereum is outperforming Bitcoin, signaling a shift in investor focus (Source).

🔹Cardano’s sudden surge and liquidation imbalance indicate potential price recovery soon (Source).

🔖 Regulatory & Industry Developments:

🔹Crypto groups oppose attempts to rewrite the GENIUS Act, fearing restrictions on innovation (Source).

🔹Ripple has entered a strategic partnership with Gemini in anticipation of their IPO, highlighting industry consolidation (Source).

🔹China’s consideration of yuan-backed stablecoins marks a major policy shift in digital currency (Source).

🔹Wall Street’s retreat from Bitcoin ETFs reflects cautious market sentiment (Source).

🔖 Notable News & Insights:

🔹Fed Vice Chair supports staff owning crypto, boosting market confidence (Source).

🔹Bybit reveals trillions of SHIB holdings, emphasizing meme coin popularity (Source).

🔹Industry experts challenge traditional predictions, advocating AI-driven crypto insights (Source).

🔹Peter Todd comments on Bitcoin’s future with cryptographic innovations (Source).

🔖 Market Movements & Sentiment:

🔹Dogecoin’s bull run may be over, but analysts warn against betting against supportive charts (Source).

🔹Bitcoin hit exchanges with a loss of over $5.6 billion in two days, indicating sell-offs (Source).

🔹Bitcoin’s presale hit $10.8M after significant whale buys, signaling strong institutional interest (Source).

🔹Meanwhile, investors prepare for Powell’s speech as Bitcoin nears $112K, implying cautious optimism (Source).