Crypto World
Countries Need to Look Beyond GDP
When governments ask people what truly matters to them, they cite things like being healthy, having a secure and affordable home, enough income to live with dignity, and time for the people they love. As the former leaders of Iceland and Scotland, we have heard concerns first-hand.
But these people-first priorities are not abstract ambitions. They are the conditions for a decent life, and ensuring they are met should be the first priority of any government.
And yet none of this is captured in the number that most economists, the media, and indeed, governments use to measure a country’s success: Gross Domestic Product (GDP), commonly referred to as economic “growth.”
To be sure, GDP has its uses as a measure of many of the goods and services a country exchanges and produces. But today, it is typically used in a way its architects never intended. For instance, a country’s GDP rises when a forest is felled and when an oil spill is cleaned up. It rises with financial speculation. But it does not rise when a parent cares for a child or a child for an elderly parent, when the forest is left standing, when a woman can walk home at night without fear, when voters turn out because they trust their institutions, or when a patient sees a doctor in days rather than months.
A new UN Framework, Beyond GDP, promises to change this by offering a dashboard of more meaningful indicators to complement GDP. Governments must now put this framework into action. Not simply by publishing new statistics, but by using them to set priorities, shape budgets, assess policies and be held to account publicly on whether people’s lives are genuinely improving.
Eight years ago, we set out to put the wellbeing of our people ahead of the narrow pursuit of economic growth. Together with New Zealand’s Jacinda Ardern, we founded the Wellbeing Economy Governments partnership, later joined by Wales and Finland, with Canada actively participating. We shared practical lessons about developing national wellbeing indicators, embedding them in government decision-making and ensuring that economic policy considers social and environmental outcomes alongside financial ones.
In Iceland, we introduced 39 wellbeing indicators, built on what people themselves told us they valued, and used them to inform policy. GDP became one measure among many, alongside life expectancy, unmet healthcare needs, material deprivation and work-life balance. Parental leave shows what this means in practice. We extended leave to 12 months, with six months reserved for each parent and six weeks transferable. In doing so, we recognized that care, family life, gender equality, and the economy are inseparable, and that fathers’ time with their children is worth protecting. The reform strengthened families and shifted expectations about work and who does the caring.
In Scotland, a Wellbeing Economy Monitor showed us how the economy was really performing for people, alongside a National Performance Framework of outcomes written into law and aligned with the Sustainable Development Goals. Policies followed: the doubling of early years education, a Baby Box to equalize children’s starts in life, the Scottish Child Payment to reduce child poverty directly, and Community Wealth Building to ensure public spending, land and assets create lasting value locally—an approach Scotland has since made the subject of the first national legislation of its kind anywhere in the world.
While these efforts are still evolving and not perfect, they represent an important shift in how governments understand prosperity. Changes in economic systems take time, but progress begins by changing—and being more explicit about—what we value. Our experience taught us that measuring what matters is only the beginning: wellbeing indicators must also shape budgets, policy decisions and how governments are held accountable. Legal systems need to support this too.
We were, and we still are, far from alone in this endeavor. Bhutan, for example, has been making the argument for more than 50 years. Its Gross National Happiness framework focuses on nine different dimensions of well-being such as living standards, health, education, and ecological diversity. Last year, Malaysia introduced a bold new roadmap that embeds public health, environmental sustainability and economic resilience. The National Planetary Health Action Plan moves away from a narrow focus on economic growth to prioritize the health of people and planet, replacing the short-term idea of return on investment with a “return on values.”
It is worth noting that wellbeing economy approaches often mirror the ways many Indigenous Communities have been providing for collective needs for generations. For example, Buen Vivir—living well together—comes from the Quechua peoples of the Andes, and has been written into the constitutions of Ecuador and Bolivia since 2008. And Aotearoa New Zealand’s wellbeing budget draws on Māori understandings of intergenerational wellbeing.
These ideas are finally moving from the margins into mainstream economic policy. A landmark UN report, written by a high-level expert group appointed by the UN Secretary-General after the Pact for the Future, proposes a dashboard of 31 indicators to sit alongside GDP, with recommendations for governments, business, academia, and civil society on how to bring this agenda to life.
Earlier this year, a roadmap for eradicating poverty without relying on endless growth was launched in Geneva, developed with more than four hundred contributors from governments, trade unions, social movements, UN agencies and universities. It sets out measures that already work in different places, from social protection and care; to tax, universal basic services, and the rights of nature; to the governance of trade, debt, and finance. That work and the work on measurement are currently proceeding separately. Bringing them together would be a valuable contribution of the intergovernmental process now underway.
The greatest risk now is a process in which governments agree in principle and move slowly in practice. New indicators alone will not be enough. The pursuit of growth at any cost is embedded far beyond the statistics: in how credit agencies rate a country’s debt, how finance ministries deem a budget responsible, and in the rarely-questioned assumption that more is always better.
What is needed is not further consensus but more early adopters: countries willing to pilot implementation and share honestly what they learn, supported by civil society, business and the UN itself.
The 2015 Sustainable Development Goals ask every country to sustain economic growth per person. As governments begin to design what will follow them, we have a chance to change the instruction and create a different approach.
After all, the responsibility of every leader is to ensure the wellbeing and safety of his or her people, and to do that, we need to go beyond GDP and think about what truly matters
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
The stablecoin can be used as the cash leg for transactions including derivatives collateral, institutional lending, asset issuance and redemptions, according to a Tuesday announcement.
Native issuance allows USD1 to settle alongside tokenized assets in the same transaction while using Canton’s privacy and permissioning controls.
USD1 has a market capitalization of about $4.05 billion, making it the sixth-largest stablecoin, according to DeFiLlama data. The stablecoin is issued by BitGo Bank & Trust, which manages its reserves and processes mints and redemptions, according to World Liberty.
World Liberty Financial is a Trump family-backed crypto venture launched in 2024. USD1 debuted in March 2025 and is backed by reserves including short-term US Treasurys, government money market funds and dollar deposits, according to the company.
Canton, a public, permissionless blockchain designed for institutional finance, says it processes and issues more than $9 trillion in tokenized assets each month, with more than $350 billion in onchain US Treasurys moving across the network daily.
The integration follows another Canton expansion announced last week, when Digital Asset and former US House Speaker Paul Ryan’s American Idea Foundation unveiled plans to pilot a Canton-based system for distributing state-administered benefits across three US states beginning in 2027.
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Crypto World
Term Finance Permanently Shuts Meta Vaults After Exploit PeckShield Estimated at $8.5 Million
Term Labs said all Term Meta Vaults have been shut down and DAO governance roles revoked after a governance exploit hit the vault product, while withdrawals remain open. In an Aug. 23 update, Term said the shutdown is irreversible and permanently prevents further deposits. The update did not… Read the full story at The Defiant
Crypto World
DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers?
Whales are quietly stepping back right as retail gets excited again. Dogecoin (DOGE) has bounced 3.02% over the last 24 hours to $0.090, a level analysts have flagged as decisive. Can DOGE price push through, or does this stall into another leg down? The signals beneath the bounce suggest the answer might not be what the bulls want.
Spot Dogecoin ETFs pulled in a modest $146,020 inflow Monday, down sharply from the prior week’s $653,420. Institutional interest is present but cooling.
Whale behavior is even less encouraging. Wallets holding between 1 million and 100 million DOGE have shed a combined 280 million tokens since Friday. That is whales quietly de-risking into strength, not a vote of confidence after last week’s 34% rally.
Broader crypto sentiment remains choppy, with Bitcoin’s own price action still setting the tone for beta plays like DOGE. Macro liquidity conditions add another layer that traders should not ignore this week.
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Can Dogecoin Price Hit $0.10 This Week?
The chart says bullish. The positioning data says caution.
DOGE at $0.090 sits above both its 50-day EMA near $0.076 and 100-day EMA near $0.081, a structurally bullish setup on paper. The reclaimed downtrend line near $0.070 now acts as support, with immediate protection sitting at the $0.088 horizontal level.
Momentum tells a different story. RSI reads near 77, deep overbought territory, while the long-to-short ratio sits at 0.93, close to a one-month low. Traders are positioning for a pullback even as the price holds up.
A clean break above $0.094, with sustained ETF inflows, could trigger a run toward $0.10 to $0.104. Consolidation between $0.088 and $0.094, as overbought conditions cool off, is the base case. A break below $0.088 exposes the 100-day EMA near $0.081, then $0.076.
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Maxi Doge Targets Early Mover Upside as Dogecoin Tests Key Levels
DOGE holders riding last week’s 34% rally have reason to feel good, but at a market cap in the billions, a repeat of that move gets harder every time.
Whale distribution and a sub-1 long-short ratio suggest the easy gains here may already be priced in. That’s pushing more traders toward earlier-stage plays where upside isn’t capped by nine-figure liquidity.
Maxi Doge (MAXI) is one of those plays, an Ethereum-based meme token built around gym-bro trading culture and “1000x leverage” energy, literally personified as a 240-lb canine mascot.
The presale has raised $4,848,993.00 so far, with tokens priced at $0.0002835 and dynamic APY staking live for holders. Standout features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury earmarked for liquidity and partnerships.
Get Ahead of Next Meme Coin Launch Here
The post DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers? appeared first on Cryptonews.
Less than 24 hours after joining Pump Fun, the two memecoins tied most closely to Martin Shkreli are down 94%.
On Monday, Shkreli drew over 700,000 views on his announcement that he would join the Solana memecoin launchpad and start livestreaming his trades.
Elated, PumpFun’s official account welcomed him, claiming he already had a 6,263% gain and $1.6 million in his wallet within one day.
At time of writing, CITRINI, which he created, and MARTIN, a namesake coin that topped Shkreli’s trading history before his CITRINI transactions, have each crashed at least 94% since their highs yesterday.
Traders have been paying particular attention to Shkreli recently after he made headlines talking about a short-sale of Moderna earlier this month.
Unfortunately, the pharmaceutical maker skyrocketed higher on positive FDA Phase 3 results shortly after he “was playing around shorting this thing at 80 bucks.”
Moderna currently trades precisely 100% higher than Shkreli’s $80 per share.
MARTIN, CITRINI, DJT, and MSI
A downward-sloping chart is a familiar shape for Shkreli.
Another Solana memecoin tied to him in 2024, DJT, also collapsed after a wallet dumped tokens on buyers.
An Ethereum token linked to him in 2022, MSI, performed even worse. His pattern of losses exceeding 90% for his followers keeps repeating.
Shkreli launched CITRINI live on air. Several viewers described it as a joke, even though it lost people real money.
Yesterday and today, he has spent hours livestreaming trades to tens of thousands of cumulative viewers via X and his PumpFun profile.
The buyers on the other side of those trades were mostly anonymous wallets trying to ride the momentary pump on his endorsements.
The MARTIN memecoin peaked at $0.0031 on Monday, the same day it launched. It then fell to $0.00016 by Tuesday morning. Its market capitalization has fallen to roughly $150,000.
CITRINI has followed the same path. It has traded from $0.0031 to $0.000087, a decline of 97%.
Martin Shkreli’s followers keep losing money
In a reply thread under Shkreli’s join announcement, a user posted a screenshot showing a 95% loss, accusing Shkreli of endorsing a scam.
Shkreli’s responses to complaints on social media follow his typical, cagey communication style, often single words, symbols, quips, or questions that admit nothing.
A follower complained about losses in his replies. With no remorse, he simply asked a rhetorical question, “How are you down 97%?”
As countless followers lose money on Shkreli-themed memecoins, almost every response from Shkreli carries an element of plausible deniability.
Read more: No one surprised as DJT token has finally rugged
A pattern of losses
CITRINI was not the first collapsed token that Shkreli created. In July 2022, he launched Martin Shkreli Inu (MSI), which hit an all-time high near $0.0000343.
On August 12 that year, a wallet linked to Shkreli dumped more than 160 billion MSI tokens in a session. The price crashed more than 90% in a day, according to Bloomberg.
In his own defense, Shkreli told Futurism that he was a hack victim, not the seller. Regardless, MSI now trades more than 95% below that peak.
Two years later, in June 2024, Shkreli surfaced as the figure behind another memecoin, DJT. That Solana memecoin surged on rumors that Barron Trump was involved, even though the son of the president never publicly joined the project.
On August 6, 2024, a wallet tied to the deployer dumped roughly $2 million in DJT. That erased the bulk of its $55 million market cap within minutes, a crash Protos covered at the time.
DJT now trades below $0.000033, down more than 98% from its all-time high.
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The cryptocurrency market continues its impressive performance, with Solana (SOL) being among the biggest gainers today (August 25).
The asset finally reclaimed the $100 psychological level, and now many analysts believe the path is clear for a much more substantial surge. At the same time, certain indicators suggest that a short-term pullback may also be on the way.
Major Uptrend Incoming?
SOL has rocketed by roughly 32% over the past week and hovers around $100: something last observed in February this year. Its market capitalization has increased to nearly $60 billion, solidifying the token’s position as the seventh-largest in the crypto sector.
The most obvious catalyst for the ascent is the broader market boom following the US monetary policy changes announced by the Treasury Department. As a result, Bitcoin (BTC) briefly surpassed $81,000, while Ethereum (ETH) exceeded $2,500.
For Solana, there seems to be another factor: rising institutional interest. Spot SOL ETFs have recently attracted significant capital, signaling that conservative investors have renewed their appetite for the asset. Inflows into such products over the past 24 hours have soared past $33 million, marking the strongest day since mid-December 2025.
As expected, the green wave has sparked huge enthusiasm among traders and analysts, with optimistic forecasts flooding X. Ivan on Tech claimed that SOL has flipped bullish for the first time since Q4 and expects a rise to $300 and above. For his part, David Gokhshtein said he wouldn’t be surprised if the asset’s valuation rises to as high as $800.
Einstein is also generally positive on SOL, anticipating a short-term pump to $150 if $88 holds as support. The analyst is extremely bullish for the long run, predicting an eventual explosion to $1,000.
The Worrying Signals
Despite the positive sentiment, traders and investors should closely monitor two key factors that suggest a correction might be on the horizon.
The first is SOL’s Relative Strength Index (RSI), which has risen to 70. This means the asset has entered overbought territory, which could be a precursor to a move south. The ratio ranges from 0 to 100, where anything below 30 is considered a buying opportunity.
Next on the list is Solana’s recent exchange netflow. According to CoinGlass, inflows have far outpaced outflows over the past several days, suggesting that many investors have shifted from self-custody to centralized platforms. This, in turn, increased immediate selling pressure.
The post Solana (SOL) Climbs to a 6-Month High: The Start of a Mega Rally or a Bull Trap? appeared first on CryptoPotato.
XRP has staged a sharp recovery from the $1.00 area, breaking above its long-standing descending structures on both the USD and BTC charts. However, the rally has now reached major resistance, making the current levels critical for the next directional move.
Ripple Price Analysis: The USDT Pair
The asset broke above its broad descending channel after finding support around $1.00. It has since reclaimed the 100-day and 200-day moving averages, located around $1.2 and $1.3, respectively. The move above $1.3 has turned both of these former resistance elements into near-term support.
The rally is now testing the critical $1.50 resistance zone, where the price has started to consolidate. A daily breakout above $1.50 could open the door toward the $1.80-$1.90 area. Conversely, a rejection followed by a move below $1.30 would weaken the breakout structure and raise the risk of a deeper correction, and even potentially back toward the $1 area.
The RSI has also surged above 70 and still remains extremely elevated in the overbought region. This highlights strong momentum but also leaves room for a short-term cooldown, which could lead to a retest of the 200-day moving average.
The BTC Pair
On the XRP/BTC daily chart, it is evident that the price has attempted to break out of its broad descending channel after bottoming near 1,500 sats. However, unlike the USDT pair, the breakout has so far failed. The pair briefly pushed above the channel’s upper boundary before printing a large rejection wick, signaling that sellers remain active around this resistance.
XRP/BTC is now retracing toward the previously broken 200-day moving average, which is being tested as potential support. The reaction around this moving average could be important for the next move. If XRP/BTC manages to hold above it and establishes the former breakout area as support, another attempt at the 2,000 sats resistance zone could follow.
A successful break above 2,000 sats would strengthen the relative-strength outlook, while a decisive loss of the 200-day moving average would suggest that the recent breakout attempt was a false move and could expose the pair to further downside. The RSI has also pulled back after briefly moving above 70, reflecting the loss of momentum following the failed breakout, and indicating that a further consolidation or correction could materialize in the coming weeks.
The post Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection? appeared first on CryptoPotato.
Bitcoin (BTC) has flipped into a new bull market regime, according to CryptoQuant, after its Bull Score surged from 30 to 80 in a single week. The firm calls it the fastest reversal in a year.
One hurdle remains before the shift becomes official. Bitcoin must close above its 365-day moving average, which sits near $83,000 today.
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A 24% Rally Rebuilds the Bitcoin Bull Market Case
Bitcoin has climbed 24% since Monday, August 17, touching an intraday peak of $81,272 on Binance. That marks its highest level since May 15, 2026. At press time, BTC traded near $79,224, up 1.9% over 24 hours, according to BeInCrypto market data.
Two macro catalysts drove the move. The US Treasury said it will double long-term bond buybacks to at least $4 billion per operation from September 9. Markets also rallied after Trump’s Bitcoin purchase hint suggested Washington may buy BTC directly.
CryptoQuant’s Bull Score, a composite of 10 on-chain and market metrics, now reads its most bullish since October 6, 2025, when Bitcoin traded at $124,000. Eight of the 10 inputs currently flash green.
Demand data supports the shift. Apparent spot demand is growing at its fastest monthly pace since late December. Spot and futures demand are also expanding together for the first time since early October 2025. BeInCrypto recently examined similar crypto demand signals that had yet to confirm
“Market regime has switched to Bull for Bitcoin. Basically all metrics are pointing to the initial phase of a new bull market… Bitcoin’s price still has to cross above its 365-day MA ($83K today) for the bull market to be ‘officially’ confirmed,” Julio Moreno, head of research at CryptoQuant, added, suggesting that the data looks constructive but incomplete.
Overheating Signals Cloud the $83,000 Confirmation Test
The same report warns that the market looks stretched in the short term. Trader unrealized profit margins spiked to 20.5%, the highest since June 2025.
Meanwhile, whales realized a record $614 million in profits on August 20. Exchange inflows for BTC, Ethereum (ETH), and XRP have also jumped, a pattern that often precedes selling pressure.
Broader risk appetite also leans bullish, with asset managers holding nearly $375 billion in long S&P 500 futures, close to record highs. Their emerging and developed market exposure also sits at or near records.
The rally follows Bitcoin’s strongest weekly close since 2024. Confirmation now depends on a decisive close above $83,000. The other question is whether rising exchange inflows deliver the correction Moreno flagged.
The post Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says appeared first on BeInCrypto.
Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets.
Crypto World
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.
Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.
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