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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.
- 01:47Data: Yesterday, Fidelity FBTC had a net inflow of $165.9 million, and ARKB had a net inflow of $102.5 million.According to ChainCatcher, monitored by Farside Investors, Fidelity's FBTC saw a net inflow of $165.9 million, and ARK's ARKB had a net inflow of $102.5 million, reversing the net outflow trend of the past few days. Data for BlackRock's IBIT has not yet been released.
- 01:41A new wallet withdrew 10,050 ETH, worth approximately $34.38 million, from an exchange.According to Jinse Finance, monitored by Lookonchain, a new wallet 0x392a withdrew 10,050 ETH (worth approximately $34.38 million) from a certain exchange.
- 01:28Data: Multiple large wallets continue to accumulate ETH, purchasing over 197,000 coins in total within two daysChainCatcher news, despite the market downturn, whales and institutions are still continuously accumulating ETH. New wallet 0x392a withdrew 10,050 ETH from an exchange, worth $34.38 million. A new wallet 0xa235, suspected to belong to Bitmine, purchased 24,007 ETH via Galaxy Digital OTC, worth $82.13 million. In addition, the "66k ETH lending whale" bought 163,680 ETH in the past two days, worth $582 million. In total, the three wallets accumulated 197,737 ETH, with a total value of approximately $698 million.