Conflux to Host Meetup in New York on August 26th

Solidus Ai Tech is launching its AI Model Marketplace, letting users access several advanced AI models. Offering real AI products can grow token use and awareness. If many builders and businesses join the marketplace, this could drive real need for the AITECH token, which may boost the price. However, if the marketplace does not get enough users or interest, the real impact may be small. Watching adoption after launch will be important. Still, this step can bring attention to AITECH and set it apart from other AI tokens. See more at Twitter.

LayerZero’s acquisition of Stargate Finance brings big changes for both tokens. STG holders are allowed to convert their tokens to ZRO, so this can cause strong price activity. The merge may attract new investors and bring more attention to ZRO. This deal also comes with a promise of future revenue sharing for STG stakers, which can add value. Large moves between assets sometimes bring price swings, so traders should watch closely for supply and demand changes as users swap tokens and news spreads. For more details, read the official announcement on Twitter.

MBG will soon list on BingX, a popular exchange, which could give the token much more exposure. Listing on a known platform often boosts price, as more people can buy and sell. MBG is also running a buyback and burn program just after the listing, which means fewer tokens in supply. Growing demand and shrinking supply can push prices even higher. Because BingX has millions of users, high trading volume is possible right after launch. These reasons together can make the listing a big catalyst. Read the announcement at Twitter.

Pavel Durov, founder of the messaging application Telegram, provided an update regarding his ongoing case in France, and said the criminal investigation against him is “struggling” to find any evidence of wrongdoing.

Durov said his arrest by French authorities in August 2024 was “unprecedented” and added that holding a tech executive accountable for the actions of independent users was “legally and logically absurd,” in a Telegram post on Sunday. Durov added:

“One year after this strange arrest, I still have to return to France every 14 days, with no appeal date in sight,” he continued, while also warning that the French government has done irreparable damage to France’s image as a free country.

Two months after Elon Musk criticized the Trump administration’s handling of the national debt, reports indicate that the US has added another $1 trillion in federal debt in just 48 days.

Deficit spending has become the largest macro driver with the least mainstream attention. Bitcoin, Ethereum, and decentralized finance (DeFi) are no longer just speculative plays. Rather, they are structural hedges against a broken fiscal system.

Is the US Debt Spiral About Spending or Interest Rates?

The surge translates to around $21 billion per day. It highlights what analysts and investors like Elon Musk have warned before, that the fiat system is locked into an unsustainable path, and digital assets may be the hedge.

In hindsight, Elon Musk particularly called out the recently signed One Big Beautiful Bill Act as crucial in further amplifying an already alarming deficit. 

However, since August 11, US debt has ballooned by $200 billion, pushing the national total within striking distance of $38 trillion.

Washington posted a $291 billion deficit in July alone, the second-largest for any July on record. Deficits are running at $1.63 trillion for fiscal year 2025, up 7.4% year-over-year (YoY), and on track to exceed $2 trillion.

Similarly, government spending has exploded to 44% of GDP, a level only seen during World War II and the 2008 financial crisis.

While the Federal Reserve (Fed) still insists on a soft landing, the underlying numbers tell a harsher story. Revenues are barely growing at 2.5% annually, while spending surged nearly 10% last month.

This remark suggests that annual deficits would remain in the trillions even if the Fed slashed rates.

Implications for Crypto and Financial Markets

Bond markets are already flashing warning signs. Investors demand higher yields for US Treasuries, with recent auctions clearing above 5%, a rarity in modern history.

As debt refinancing accelerates at higher rates, the fiscal hole deepens. This presents a rather technical outlook for equities, commodities, and especially crypto.

In the short term, higher yields can drain liquidity from risk assets. However, in the long term, persistent deficit spending erodes confidence in fiat. This trend has historically benefited Bitcoin and hard-cap digital assets.

While crypto traders often frame Bitcoin as digital gold, the case strengthens when fiat regimes demonstrate fiscal unsustainability.

For many in crypto, America’s debt trajectory validates the thesis that decentralized assets offer protection against sovereign fiscal mismanagement.

With $38 trillion in debt looming and deficits locked in above $1.5 trillion annually, the temptation for future policymakers to inflate away obligations grows. That risk is bullish for Bitcoin’s scarcity narrative.

Altcoins could also benefit indirectly, as institutional allocators explore alternatives to yield-squeezed Treasuries.

Stablecoins and tokenized Treasuries are already absorbing capital, but liquidity spillover may extend over time into broader crypto markets.

What happens next hinges on whether Congress reins in spending (unlikely in an election year) and how aggressively the Fed balances rate policy against debt sustainability. Nevertheless, either path carries risks.