The cryptocurrency market is still enjoying a rally on the back of Tuesday's higher-than-expected core inflation reading that boosted chances of a Federal Reserve interest-rate cut next month. Some traders are even calling for a 50 bps cut.

Aug. 14, 2025
 
 

What to know:

 

By Francisco Rodrigues (All times ET unless indicated otherwise)

The cryptocurrency market is still enjoying a rally on the back of Tuesday's higher-than-expected core inflation reading that boosted chances of a Federal Reserve interest-rate cut next month. Some traders are even calling for a 50 bps cut.

The euphoria has lifted the CoinDesk 20 (CD20) index of largest cryptocurrencies more than 1% in the last 24 hours, and sent bitcoin (BTC) to a record high over $124,000 and ether (ETH) 2.2% higher to $4,750, just below its record.

 

Headline inflation data for July came in cooler than expected, but rising core inflation fed into rate-cut expectations. On Polymarket, traders now weigh an 80% chance of a 25 basis-point cut in September, while chances of a 50 bps cut rose to 8.3%. The CME FedWatch tool shows a 97.8% chance of a 25 bps cut, and a 2.2% chance of a 50 bps cut.

 

In the geopolitical front, President Donald Trump is expected to meet Russian President Vladimir Putin this Friday in Alaska. The meeting comes as the U.S. president ramps up pressure for a ceasefire in Ukraine. A follow-up meeting with Ukraine’s President Volodymyr Zelenskyy may also be on the cards. Deescalation measures, including a potential air truce, are currently on the table.

 

Institutional demand has made this the best week for spot ether ETFs net inflows, with $2.27 billion coming in according to SoSoValue data. Meanwhile, corporate accumulation led by BitMine has seen ETH treasures accumulate over 3.5 million ETH.

 

“Bitmine’s capital raise to build its ETH treasury has drawn attention, with the market noting that any allocation to ETH has an outsized impact compared with BTC, given ETH’s smaller market cap and marginally thinner liquidity,” analysts at QCP Capital wrote. ”We expect the current momentum in ETH to persist as long as fresh flows continue into ETH DATs.”

 

Bitcoin treasuries, including ETFs, have grown their holdings by around 3.36% in the past 30 days to 3.64 million BTC. That’s more than 17% of the cryptocurrency’s total supply.

 

Put together, the cryptocurrency market is benefiting from four key tailwinds. These are the anticipated rate cuts, a friendlier regulatory climate, easing geopolitical tensions and rising institutional and corporate interest.

 

Looking ahead, investors will be closely monitoring today’s Producer Price Index (PPI) data for further clues on what the Fed might do in September. Stay alert!

 

What to Watch

Crypto

  • Aug. 15: Record date for the next FTX distribution to holders of allowed Class 5 Customer Entitlement, Class 6 General Unsecured and Convenience Claims who meet pre-distribution requirements.
  • Aug. 18: Coinbase Derivatives will launch nano SOL and nano XRP U.S. perpetual-style futures.
  • Aug. 20: Qubic (QUBIC), the fastest blockchain ever recorded, will undergo its first yearly halving event as part of a controlled emission model. Although gross emissions remain fixed at one trillion QUBIC tokens per week, the adaptive burn rate will increase substantially — burning some 28.75 trillion tokens and reducing net effective emissions to about 21.25 trillion tokens.

Macro

  • Aug. 14, 8:30 a.m.: The U.S. Bureau of Labor Statistics releases July producer price inflation data.
    • Core PPI MoM Est. 0.2% vs. Prev. 0.0%
    • Core PPI YoY Est. 2.9% vs. Prev. 2.6%
    • PPI MoM Est. 0.2% vs. Prev. 0%
    • PPI YoY Est. 2.5% vs. Prev. 2.3%
  • Aug. 14, 7 p.m.: Peru's central bank announces its monetary policy decision.
    • Reference Interest Rate Est. 4.5% vs. Prev. 4.5%
  • Aug. 14, 10 p.m.: El Salvador's Statistics and Census Office, which is part of the Central Reserve Bank of El Salvador, releases July consumer price inflation data.
    • Inflation Rate MoM Prev. 0.32%
    • Inflation Rate YoY Prev. -0.17%
  • Aug. 15: U.S. President Donald Trump and Russian President Vladimir Putin will meet in Alaska to discuss potential peace terms for the war in Ukraine.
  • Aug. 15, 12 p.m.: Colombia's National Administrative Department of Statistics (DANE) releases Q2 GDP growth data.
    • GDP Growth Rate QoQ Prev. 0.8%
    • GDP Growth Rate YoY Est. 2.6% vs. Prev. 2.7%
  • Aug. 15, 4 p.m.: Peru’s National Institute of Statistics and Informatics releases June GDP YoY growth data.
    • GDP Growth Rate YoY Est. 4.7 vs. Prev. 2.67%
  • Aug. 18, 6 p.m.: The Central Reserve Bank of El Salvador releases July producer price inflation data.
    • PPI YoY Prev. 1.29%

Earnings (Estimates based on FactSet data)

  • Aug. 14: KULR Technology Group (KULR), post-market
  • Aug. 15: Sharplink Gaming (SBET), pre-market
  • Aug. 15: BitFuFu (FUFU), pre-market, $0.07
  • Aug. 18: Bitdeer Technologies Group (BTDR), pre-market, -$0.12
 
 

Token Events

Governance Votes & Calls

  • SoSoValue DAO is voting to allocate 5,000,000 SOSO tokens for a Researcher Ecosystem Fund, aimed at boosting top-tier crypto research through competitions and incentives, improving content quality, transparency and SOSO’s utility. Voting ends Aug. 18.
  • Uniswap DAO is voting to allocate $540K in UNI over six months to as many as 15 top delegates, with up to $6K/month based on voting activity, community engagement, proposal authorship and holding 1,000+ UNI. Votings ends Aug. 18
  • Aavegotchi DAO is voting on a Bitcoin Ben’s Crypto Club Las Vegas sponsorship: a $1,000/month corporate membership (logo on sponsor wall, team access, newsletter feature, one branded meetup/month) or a $5,000, 90-day Graffiti Wall mural with promo. Voting ends Aug. 23.
  • Aug. 14, 10 a.m.: Lido to host a tokenholder update call.
  • Aug. 14, 10 a.m.: Stacks to host a townhall meeting.

Unlocks

  • Aug. 15: Avalanche (AVAX) to unlock 0.33% of its circulating supply worth $41.84 million.
  • Aug. 15: Starknet (STRK) to unlock 3.53% of its circulating supply worth $18.12 million.
  • Aug. 15: Sei (SEI) to unlock 0.96% of its circulating supply worth $18.94 million.
  • Aug. 16: Arbitrum (ARB) to unlock 1.8% of its circulating supply worth $49.95 million.
  • Aug. 18: Fasttoken (FTN) to unlock 4.64% of its circulating supply worth $91.6 million.
  • Aug. 20: LayerZero (ZRO) to unlock 8.53% of its circulating supply worth $57.59 million.
  • Aug. 20: Kaito (KAITO) to unlock 8.82% of its circulating supply worth $27.55 million.

Token Launches

  • Aug. 14: Useless Coin (Useless) to be listed on Binance.US.
  • Aug. 14: Cherry AI (AIBOT) to be listed on Binance Alpha, MEXC, and others.
 

Conferences

The CoinDesk Policy & Regulation conference (formerly known as State of Crypto) is a one-day boutique event held in Washington on Sept. 10 that allows general counsels, compliance officers and regulatory executives to meet with public officials responsible for crypto legislation and regulatory oversight. Space is limited. Use code CDB10 for 10% off your registration through Aug. 31.

  • Day 3 of 3: AIBB 2025 (Istanbul)
  • Day 3 of 7: Ethereum NYC (New York)
  • Day 1 of 2: CryptoWinter ‘25 (Queenstown, New Zealand)
  • Aug. 15: Bitcoin Educators Unconference (Vancouver)
  • Aug. 17-21: Crypto 2025 (Santa Barbara, California)
  • Aug. 18-21: Wyoming Blockchain Symposium 2025 (Jackson Hole)
  • Aug. 21-22: Coinfest Asia 2025 (Bali, Indonesia)

Join us for this curated gathering that unites D.C.’s most important public officials with legal, policy and compliance leaders from the private sector to advance crypto standards and reform.

Space is limited. Use code CDB10 for 10% off your registration through August 31.

Token Talk