Ndax Weekly TL;DR Aug 25

• Powell signals possible Fed rate cuts but urges caution amid inflation and job market risks
• Apple issues urgent security update to fix zero-click exploit affecting crypto users
• Pennsylvania bill seeks to ban public officials from crypto transactions

Federal Reserve Chair Jerome Powell said the central bank may consider lowering interest rates in the coming months but emphasized a cautious approach as inflation and unemployment risks persist. Speaking at the Fed’s annual Jackson Hole symposium, Powell noted that tariffs are contributing to higher consumer prices while slower hiring raises concerns about labor market weakness. He indicated that upcoming policy decisions, including at the September meeting, will depend on evolving economic data. BNN Bloomberg

Apple released emergency patches for iPhones, iPads, and Macs to address a zero-click vulnerability in its Image I/O framework that could allow attackers to compromise devices without user interaction. Security experts warned the flaw poses heightened risks for cryptocurrency holders, as attackers could gain access to wallet data and execute unauthorized transactions. Apple confirmed reports that the bug may have been exploited in targeted attacks and urged all users to install the latest updates immediately. Cointelegraph

Pennsylvania lawmakers have introduced House Bill 1812, which would bar public officials and their immediate families from conducting cryptocurrency transactions during their term and for one year after leaving office. The bill also requires disclosure of digital asset holdings exceeding $1,000 and mandates divestment of such holdings within 90 days of enactment. Violations could result in felony charges, fines up to $10,000, or imprisonment, with broader penalties for related financial misconduct. The measure reflects growing state and federal efforts to address potential conflicts of interest involving digital assets in public service. CryptoSlate

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News Nuggets

• Injective partners with Republic to expand tokenized private market access crypto news
• RWA Protocol Exploits Hit $14.6M in First Half of 2025, Exceeding All of 2024 Cointelegraph
• EU considers Ethereum and Solana as potential platforms for digital euro launch Cointelegraph
• Thailand launches crypto-to-baht conversion system to boost tourism crypto news
• Fed governor signals openness to DeFi in U.S. financial system Cointelegraph
• Trade war escalates costs for US Bitcoin miners Cointelegraph
• US bill proposes reviving 18th-century ‘letters of marque’ to combat international crypto crime CryptoSlate
• Brazil to hold first hearing on $19B Bitcoin Strategic Reserve proposal Cointelegraph

As of 08-25-2025 at 9:10 AM EDT

Market Summary

• Over the past seven days, the global cryptocurrency market capitalization has decreased from CA$5.38 trillion to CA$5.33 trillion.
• Bitcoin's market dominance stands at 57.7%, while Ethereum's share is 14.4%. 

Performance

Over the past 24 hours, the price of BTC has fluctuated between CA$153K and CA$158K registering a 2.85% change over the past week and a market cap of CA$3.1 trillion. At Ndax, the weekly movers are AAVE, which saw a 14% increase in the last seven days reaching a market cap of CA$6.9 billion, and SOL, which experienced a 9% rise with a market cap of CA$147.6 billion. (At time of writing)

Visit our new markets page offering real-time data for almost 17,000 cryptocurrencies. Track trends, monitor your favorite cryptocurrencies, and stay ahead of the market.

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• Aug 28 – FET Token Unlock
• Aug 29 – US Core PCE Announcement  
• Aug 31 – OP Token Unlock 

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