Selasa, 12 Agustus 2025

📈BTC’s $117K Target, Do Kwon’s Court Return, Pudgy Penguins’ Plushie Pivot


Plus, XRP is clinging to $2.65 support—lose it, and the full pump could unwind fast.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

August 11, 2025

-Hey, it's Yana from Cointelegraph—your Web3 power brief is here. Let's dive in.

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories

⚖️ Do Kwon heads to court for change-of-plea hearing

📈 Bitcoin eyes $117K CME gap

🧸 Plushies rescue Pudgy Penguins from bankruptcy

📰 Keep reading for today's biggest headlines

Do Kwon's Day in Court—Again

Terraform Labs co-founder Do Kwon is back before a U.S. judge, this time for a change-of-plea hearing in his federal fraud case.

Kwon, accused of orchestrating the $40B Terra ecosystem collapse, has fought extradition and denied wrongdoing. A plea shift could mark a major turn in one of crypto's most infamous sagas.

Get the Full Story

Bold BTC Bets and Binance Drama

Fundstrat's Tom Lee is doubling down on his bullish Bitcoin call, eyeing massive gains ahead—despite market turbulence.

Meanwhile, Binance's CZ faces fresh legal setbacks, and long-term hodlers are bracing for what could be a volatile stretch. From price predictions to courtroom drama, this week's crypto digest has no shortage of heat.

See Where the Money Might Go Next

BTC Eyes $117K CME Gap

Bitcoin traders are laser-focused on a looming CME gap near $117K, with some calling it the next big magnet for price action.

This week's mix of macro data, Fed chatter, and on-chain signals could decide whether BTC makes the push—or stalls out before it gets there. For now, the bulls smell opportunity.

Get the Breakdown

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MiCAR-compliant crypto fundraising goes live in Europe

Decubate, a Netherlands-based crypto launchpad platform, secured full regulatory approval under MiCAR to operate in the EU.

Find Out More

How Plushies Saved Pudgy Penguins

Once on the brink of bankruptcy, Pudgy Penguins found an unlikely lifeline—stuffed toys.

The pivot to plushies not only revived the NFT brand but turned it into a retail hit, bridging Web3 IP with real-world shelves. It's a reminder that in NFTs, survival sometimes means thinking way outside the blockchain.

OPINION

Emerging Economies Are Skipping the Line with Crypto

Why build old rails when you can leap straight to the new? In emerging markets, crypto isn't just a hedge—it's a workaround. From cross-border payments to local commerce, blockchain is letting countries bypass slow, costly legacy systems entirely.

For billions, this isn't speculation—it's infrastructure.