This August, the market’s a cauldron of spicy broth at full boil — with finance, politics, regulation, and geopolitical risk all tossed in.
Reality and memes are brewing together: the Satoshi statue’s gone missing, a Web3 philosopher mourns the death of romance, and on-chain PvP warriors are down to a 60-second median hold time.
It’s been a fortnight of warm policy winds colliding with macro cold fronts — a bull-vs-bear tug-of-war playing out both on-chain and off.
Galxe founder Charles Wayn says Circle’s IPO could turn crypto stocks into a “newbie-friendly gateway” — sip the crypto soup, trade on Robinhood, skip the memecoin roulette.
IPO fever ≠ the end of alt season, but it might be the opening act for the next capital migration. Fingers crossed.
Crypto Is In For A Long, Hot IPO Summer
July’s US nonfarm payrolls came in at 73K (seasonally adjusted) vs. 110K expected, with June’s 147K revised down to… 14K.
Hours later, Trump fired the Bureau of Labor Statistics chief, demanded Fed governors “take control,” and called for Powell to resign. Markets freaked — political interference in independent economic bodies could wreck global trust in US data and cloud monetary policy.
Geopolitics piled on. Trump said he ordered two nuclear subs to waters near Russia after “provocative comments” by former president Dmitry Medvedev.
Soft jobs data, political drama, and rising geopolitical tension hit the markets in unison — August opened with a big, flashing short signal for crypto.