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This downward movement is a pricing of short-term uncertainty.
The crypto market has turned choppy, but three projects stand out with bullish setups that could define weekend trading. While most categories bleed, these altcoins to watch are gaining traction through whale activity, momentum shifts, and strong fundamentals.
Share link:In this post: Powell is expected to hint at a September rate cut during his Friday speech in Jackson Hole. Traders are pricing in a 70% chance of a 0.25% cut and 50bps total easing in 2025. Trump is pressuring the Fed, but Powell may avoid firm commitments before new data.
Share link:In this post: UK business activity reached its fastest pace in a year in August, led by growth in services. Government borrowing in July was £1.1bn, lower than the OBR’s £2.1bn forecast, helped by higher tax receipts. Hiring stayed weak despite stronger activity, with employment falling for the eleventh straight month.
Share link:In this post: UK consumers increase their confidence in household budgets after the Bank of England rate cuts. Consumer confidence hit its highest level in months, surprising experts. Rich families spend more, but poor families still struggle with high prices.
Share link:In this post: Crypto handheld buyers in the U.S. are being hit with unexpected import duties, sometimes as high as $348. The manufacturer has paused shipments of its $599 gaming device while it investigates varying fees and complaints from early customers. Buyers are frustrated over the lack of upfront cost clarity, with some calling the extra charges misleading and asking for refunds.
- 01:37Data: James Wynn closed his HYPE long position and increased his bitcoin long position, with a liquidation price of $93,710.According to ChainCatcher, Hyperbot data shows that about four hours ago, James Wynn closed the HYPE long position he opened earlier this morning, and made a small additional investment in his 40x leveraged bitcoin long position. The current position is valued at approximately $3.96 million, with a liquidation price of $93,710.
- 01:26Australian ASIC Chair: If new technologies such as tokenization are not embraced, its capital markets may be overtaken by other countriesJinse Finance reported that Joe Longo, Chairman of the Australian Securities and Investments Commission (ASIC), stated that unless Australia embraces new technologies, including tokenization, its capital markets may be left behind by other countries. Longo pointed out at the National Press Club on Wednesday: "As other countries adapt and innovate, there is a real risk that Australia will become a 'land of missed opportunities', or merely passively accept overseas developments." According to estimates by Boston Consulting Group (BCG), more than $35.8 billion worth of real-world assets have already been tokenized on-chain, and this figure could rise to $16 trillion by 2030; McKinsey & Co offers a more conservative estimate of $2 trillion. U.S. market regulators have also proposed the concept of 24/7 trading, which "may be more feasible in certain asset classes." Leading financial figures such as BlackRock CEO Larry Fink are promoting the tokenization of everything from stocks and bonds to money market funds, viewing it as a solution.
- 01:05USDC Treasury burns over 100 million USDC on the Solana chainAccording to a report by Jinse Finance, on-chain data tracking service Whale Alert monitored that at around 8:47 AM (GMT+8), USDC Treasury burned 104,314,973 USDC on the Solana chain.