Weekly Recap | BTC Stabilizes, ETH Sees Inflows, and Echobit Launches New Community Rewards
2025.09.01
Last Week in Review (Aug 25 – Aug 31)
Last week, Bitcoin consolidated after a rally, fluctuating around $110,000 with a mild rebound. Market sentiment remained cautious amid volatility. With macro policy expectations stabilizing and ongoing institutional interest, Bitcoin’s overall bullish structure persists. Meanwhile, capital continued flowing from Bitcoin into Ethereum, which saw daily inflows nearing $900M, approaching Bitcoin’s levels.
This recap highlights key industry developments from the past week and previews major events for the week ahead.
Market Pulse
- Tether surpassed South Korea to become the 18th largest U.S. Treasury holder
- Samsung Securities raised target prices for Kakao Pay and another firm, citing bullish outlook for KRW-backed stablecoins
- Metaplanet announced a special shareholders’ meeting to authorize issuance of perpetual preferred shares (Class A & B)
- Stablecoin market cap exceeded $280B, hitting a new all-time high
- Unicoin plans to file a motion to dismiss SEC litigation
- Monex considers issuing a JPY-backed stablecoin in Japan
Funding & M&A
There were 31 funding rounds last week totaling over $400M, mainly in infrastructure and DeFi:
- Everlyn, Web3 video AI platform, raised $15M
- Portal to Bitcoin, Bitcoin-first protocol, raised $50M led by Paloma Investments
- Swarm Network, decentralized protocol, raised $13M co-led by Sui, Ghaf Capital, and Brinc
- Hemi, Bitcoin programmable layer, raised $15M led by YZi Labs
- aPriori, infrastructure startup, raised $20M with HashKey Capital participation
- M0, stablecoin infrastructure company, raised $40M in Series B led by Polychain & Ribbit Capital
- AMBTS, Bitcoin treasury firm, raised $23.4M in seed funding for strategic reserves
Policy & Compliance
- UK FCA indicated retail investors will soon access crypto ETNs
- Hong Kong Stablecoin Ordinance officially comes into effect
- SEC Chairman announced plans to develop frameworks allowing parallel trading of crypto and non-crypto securities
- Bank of Korea governor engaged with finance ministry and regulators on stablecoin issues
Echobit Highlights
Last week, Echobit rolled out several community campaigns and reward programs:
- August Carnival Season – Grand prizes totaling 50,000 USDT
- ETH All-Time High Celebration – Rewards pool of 38,000 USDT
- New Listing: $A2Z – Community reward pool of 10,000 USDT
- PROVE Themed Event – Rewards totaling 20,000 USDT
- New Listing: $CUDIS – Community rewards available
- Consolation Rewards Program – Ongoing user support
- Taskon Mega Event – Special community activity
- Telegram AMA – Interactive session with rewards
- Interact to Earn 10 USDT – Quick participation reward
Looking Ahead (Sep 1 – Sep 7)
- U.S. Treasury begins interviews for 11 Fed candidates starting Sep 1
- Trump family project WLFI launches on Ethereum; first two rounds of investors unlock 20%
- Tether to stop supporting USDT on Omni and four other chains from Sep 1
- U.S. August ADP & Non-Farm Payrolls to be released on Sep 5
Echobit will continue tracking global crypto developments, policy shifts, and investment opportunities — helping you stay ahead through all market cycles.