Flipster Crypto Weekly (August 29)

BTC steady near $112K as crypto headlines heat up

August 29, 2025

Markets swung but ultimately held steady, with BTC moving between $110K–113K and ETH around $4.5K, while Bitcoin dominance eased to ~58%.

Macro impact was muted, though Nvidia earnings disappointed at the margin despite record revenue, and the U.S. government surprised markets by publishing GDP and PCE data directly on public blockchains via Chainlink and Pyth oracles.

Crypto-specific flows and deals dominated the week. Stargate DAO approved LayerZero’s revised acquisition bid with near-unanimous backing, while competing offers from Wormhole, Across, and Axelar fell away.

Major treasury moves continued: MicroStrategy added 3,081 BTC, Metaplanet boosted its holdings past 18,900 BTC, and SharpLink grew its ETH treasury to $3.64B.

On the corporate side, Trump Media, Crypto.com, and Yorkville unveiled a $6.4B CRO treasury deal tied to Truth Social integration, and Canary Capital filed for a Trump memecoin ETF.

Regulatory shifts also gained traction, with the CFTC opening a pathway for U.S. citizens to access offshore exchanges, while Tether expanded USDT support directly onto Bitcoin. Aave launched “Horizon,” a V3 deployment enabling stablecoin borrowing against tokenized real-world assets.

With BTC stable around $112K and ETH holding $4.5K, could the next breakout come from macro catalysts or crypto-native flows?

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