NEWS: Update news from the past 24 hours!

🔥 Standard Chartered raises its forecast for $ETH to $7,500 by the end of 2025 from $4,000, and to $25,000 by 2028.

🚨 Grayscale has registered Cardano and Hedera ETF funds in Delaware, indicating that it may soon file for Cardano and Hedera spot ETF funds.

🇺🇸 ETF FLOW: Approximately $65.9 million $BTC and $523.9 million $ETH were purchased on August 12.

🇺🇸 The OpenEden real asset tokenization platform partners with BNY Mellon to manage and custody the tokenized U.S. Treasury bond assets rated "A" TBILL by Moody's.

🔥 The Cryptocurrency Fear & Greed Index has risen to 73 from 54 last week, indicating "Greed."

🔥 IPO Bullish reached $1.1 billion, exceeding the registration by 20 times, with a market value of $5.4 billion.

🇺🇸 Treasury Secretary Bessent hopes the Fed will begin cutting interest rates in September by 50 basis points.

🇺🇸 Donald Trump said he will soon announce the new Chairman of the Federal Reserve, with a shortlist of three or four candidates.

🚨 The Estonian bank Rain Lohmus purchased $75,000 worth of $ETH in the 2015 ICO, and has now lost access to the wallet, which is worth over $1 billion.

🇺🇸 Eric Trump stated that major U.S. banks, including Capital One, JPMorgan, Bank of America, and First Republic, have closed hundreds of his accounts without prior notice, prompting him to switch to cryptocurrency.

🚨 $BTC reaches a new all-time high of $124474, surpassing Google in market capitalization, becoming the 5th largest asset in the world.

⚡️Justin Sun filed a lawsuit against Bloomberg to prevent the disclosure of "extremely confidential, sensitive, private, and proprietary financial information" of his.

🇺🇸 Canary Capital registered the $TRUMP ETF fund in Delaware.

Source: Cointelegraph