TCP Weekly Crypto Report
- Aug 24
- 2 min read

Crypto Weekly Roundup for August 17-24, 2025
Digest of the most important developments in crypto markets, policy, partnerships, and protocols.
📰 Market Overview
Crypto markets surged midweek following dovish signals from the Federal Reserve, with Ethereum hitting a new all-time high of $4,885 and BNB climbing to $900. Legislative clarity in the U.S. gained traction, while Wyoming launched the first state-backed stablecoin. Institutional adoption and ETF developments continued to shape sentiment, despite early-week ETF outflows.
🤝 Partnerships & Corporate Moves
DBS Bank announced plans to tokenize structured notes on Ethereum, signaling deeper institutional integration.
Thumzup, backed by Donald Trump Jr., acquired Dogehash (a Dogecoin mining firm) in an all-stock deal, highlighting meme coin infrastructure expansion.
SBI Holdings (Japan) partnered with Startale to launch tokenized stock trading, pushing forward Japan’s Web3 ambitions.
🏛️ Legislative Announcements
The GENIUS Act (stablecoin regulation) and CLARITY Act (token classification) gained bipartisan momentum in the U.S. Congress, with both expected to reshape digital asset policy this fall.
SEC Chair Atkins stated that “very few” crypto tokens qualify as securities, advocating for a clearer regulatory framework.
The CFTC launched the next phase of its “Crypto Sprint,” inviting public feedback on digital asset oversight by October 20.
📅 Events & Protocol Updates
🛠 VIC Atlas Hard Fork (August 21)
Theme: Governance & Token Standard Evolution
Introduced VRC-404, a new token standard enabling dynamic metadata and composability.
Revamped validator incentives to prioritize uptime and community engagement.
Added support for cross-chain staking, laying groundwork for interoperability with Cosmos and Polkadot.
Early adoption by DeFi protocols like AtlasSwap and MetaYield signals strong developer alignment.
🚀 Casper Token Launcher Release (August 25)
Theme: Accessibility & Onboarding
Rolled out a no-code token creation platform, targeting small businesses and creators.
Integrated compliance modules for KYC/AML, making it attractive for regulated environments.
Supports ERC-20 and ERC-721 standards, with future plans for native Casper token formats.
Early traction from gaming and loyalty startups suggests growing mainstream interest.
🌐 Rare Evo Conference Wrap-Up (August 6–10)
Theme: Ecosystem Collaboration & Governance
Panels from Cardano, Polkadot, and Hedera focused on interoperability and decentralized governance.
Announced RareChain, a new Layer 1 focused on decentralized identity and event ticketing.
Strong turnout from DAOs and protocol founders highlighted a shift toward community-led innovation.
Charles Hoskinson’s keynote emphasized regenerative finance (ReFi) and sustainability in blockchain design.
🧨 Major News & Market Trends
Ethereum Treasuries now exceed 4.1M ETH (~$20B), reflecting rising institutional confidence.
Wyoming launched the Frontier Stable Token (FRNT), the first U.S. state-backed stablecoin.
MetaMask debuted its own stablecoin, mUSD, with Linea integration and plans for a debit card by year-end.
VanEck filed for the first spot Solana ETF, backed by liquid staking token JitoSOL.
XRP, Litecoin, and Dogecoin ETF decisions were delayed by the SEC, though amended filings suggest growing approval interest.
📊 Market Snapshot (via CoinMarketCap, August 24, 2025)


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