8 Crypto News to Watch This Week
Top Crypto News for next week ft dYdX, Trump Ceasefire Deal, Galaxy Digital, Babylon, Solana Seeker Mobile, Fluid Dex Lite, Bitlayer, US Reciprocal Tariff
August 7 – US Reciprocal Tariffs Begin, potential market impact from new US trade policies. Timeline of this event
• April 2, 2025: Initial Executive Order 14257 introduced the reciprocal tariff framework.
• April 5, 2025: 10% tariffs went into effect on some goods.
• July 31, 2025: Latest modifications announced.
• August 7, 2025: Main implementation date for expanded rates.
The Bitlayer (BTR) token presale on CoinList ends August 7, 2025, offering tokens at $0.15–$0.20 to non-US users and accredited US investors, with a $4M raise target.
Fluid DEX Lite is a lightweight, gas efficient version of the Fluid DEX on Ethereum, focusing on faster trading and credit based protocols. It was announced on July 22, 2025, with an expected launch in 7-10 days pending governance approval. The launch is targeted for August 3, 2025
Solana’s second-gen Web3 phone, Solana Seeker Mobile, begins global shipping on August 4, 2025, featuring upgraded hardware, Solana native tools, and SKR token rewards, over 150,000 units presold.
Babylon Social AirDrop targeting social media contributors and early supporters from Phase1 activities before February 19, 2025. Registrations for the airdrop opened on July 21, 2025, and are set to close on August 4, 2025. Users need to connect their social accounts and wallets via the official airdrop portal to participate. The total airdrop allocation is 600 million BABY tokens (6% of the 10 billion total supply).
Russia-Ukraine Ceasefire Deadline ultimatum by Donald Trump, demanding that Russia agree to a ceasefire by August 8, 2025. If unmet, the US has threatened to impose severe economic measures, including secondary sanctions on countries importing Russian oil and potentially broader tariffs.
On August 4, 2025, dYdX activates full onchain governance for its Community Treasury, giving token holders direct control over $8M in funds
Memecoin (ME) Season 2 Airdrop.
8M ME tokens ($40M+) will be airdropped on August 6, 2025, as Season 2 rewards
Galaxy Digital Q2 2025 earnings on August 5, will offer insights into performance amid market volatility, Bitcoin mining ops, and institutional adoption trends.