The post Coinpedia Digest: This Week’s Crypto News Highlights | 23rd August, 2025 appeared on BitcoinEthereumNews.com.

The post Coinpedia Digest: This Week’s Crypto News Highlights | 23rd August, 2025 appeared first on Coinpedia Fintech News It’s been another big week in crypto, with central banks, regulators, and markets all making moves that could shape the months ahead. From record-setting rallies to new laws and fresh government experiments with digital assets, the markets are shifting fast. Missed any or all of it? Here’s your full catch-up. #1 Powell Hints at Rate Cuts but Stays Wary on Inflation Jerome Powell’s final Jackson Hole speech as Fed Chair was cautious but telling. He noted the policy rate is now “100 basis points closer to neutral” than last year, leaving the door open for a rate cut. But Powell also warned that tariffs and tighter immigration policies are adding to inflation risks and straining the labour market. “We will not allow a one-time increase in the price level to become an ongoing inflation problem,” he stressed, referencing the Fed’s delicate balancing act. #2 Ethereum Hits New All-Time High, Flips Mastercard Ethereum has smashed through its previous record, hitting a new all-time high above $4,878 after Fed Chair Powell signaled a possible rate cut. The rally has been powered by heavy inflows into spot Ethereum ETFs, now managing over $20 billion, and growing adoption by corporate treasuries. Nate Geraci put it simply: ether is being seen as the “backbone of future financial markets.” The momentum also pushed ETH past Mastercard, making it the 22nd largest asset worldwide. #3 Illinois Passes First-of-Its-Kind Crypto Bills Illinois is stepping up against crypto fraud. Governor JB Pritzker has signed two new laws, the Digital Assets and Consumer Protection Act and the Digital Asset Kiosk Act, bringing tighter oversight for exchanges and crypto ATMs. The rules include mandatory registration, scam refunds, fee caps, and limits on…

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Filed under: News - @ August 23, 2025 4:27 pm