[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-in-brief-6h-5942533":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":11,"source":12,"reactions":13,"selfReactions":21,"logo":9,"sourceId":22,"sourceUserId":23,"asset":24,"tagsCategories":25,"totalComments":26,"lang":27,"unique_views_count":28,"enrichStatus":29,"triageKind":23,"triageImportance":23,"expandEligible":23,"summarizeEligible":23,"eventEligible":23,"eventType":23,"eventAction":23},"in-brief-6h-5942533","1788381612804","Wall Street’s Stablecoin Play vs. Bitcoin’s Bull Market Doubts","\u003Cp>The crypto market is caught between institutional optimism and on-chain caution. While major banks prepare to launch a joint dollar stablecoin, analysts warn that Bitcoin’s recent rally lacks the structural confirmation of a true bull market.\u003C/p>\u003Cp>A coalition of 21 global financial institutions, including Goldman Sachs and Bank of America, has announced plans to form a company in 2026 to issue a US dollar-pegged stablecoin by early 2027. This move signals deepening traditional finance integration into the crypto infrastructure space.\u003C/p>\u003Cp><a href=\"https://toscale.io/news-aggregator/ba4601a063c1-25cc-7c6b-983b-c72ff9c7b079\">Goldman Sachs, BofA Among 21 Banks Planning Joint Dollar Stablecoin Launch</a>\u003C/p>\u003Cp>Conversely, data from Nansen suggests the current Bitcoin price action may be premature. Despite a 22% monthly gain, weak spot flows and divided whale positions indicate that a new bull market remains unconfirmed.\u003C/p>\u003Cp><a href=\"https://toscale.io/news-aggregator/12601a063c9-e04f-7754-a9d3-5e9c6210900a\">Bitcoin bull market remains unconfirmed, Nansen says</a>\u003C/p>\u003Cp>In other developments, Hyperliquid’s HYPE token has entered a US crypto index ETF for the first time, while Tether Gold saw holdings surge 9.5% in Q2 despite falling gold prices.\u003C/p>\u003Cp>Market read: Watch for volatility as the market digests the stablecoin news and Bitcoin’s technical status. If spot inflows do not accelerate over the next sessions, the current rally may face resistance.\u003C/p>","https://toscale.io/news-aggregator/in-brief-6h-5942533","https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/toscale-digest.png","[\"In Brief\",\"6h\",\"Bitcoin\",\"Stablecoin\",\"ETF\",\"Institutional\"]","[]","533",[14,17,19],{"type":15,"value":16},"bull",1,{"type":18,"value":16},"important",{"type":20,"value":16},"like",[],"Toscale Digest",null,"","[\"Crypto\",\"In Brief\",\"Official\"]","0","EN","9","done"]