1⃣ Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continue to trade sideways.
However:
Bitcoin (BTC) has recovered above the 120-day EMA.
Ethereum (ETH) has recovered above the 30-day EMA.
Solana (SOL) remains the strongest coin, holding above the 30-day EMA.
2⃣ Trump faces criticism!
WLFI has dropped to a low of $0.16, currently with a market cap of $0.184B.
Meanwhile, the Trump family's Bitcoin stock (American Bitcoin) fell more than 20% overnight.
3⃣ Will Trump retaliate against Justin Sun?
Sun's wallet was blacklisted by WLFI after allegedly transferring 50 million Token.
Currently, Sun holds 545 million unlocked WLFI and 2.4 billion locked WLFI.
Sun responded: "Just test deposits."
Machi Big Brother opened a long trade with 5x leverage.
4⃣ Pokémon card fever suddenly grew 10 times in 2 days!
Token $CARDS currently has a market Capital of $385 million, despite falling 18% in the last 24 hours.
5⃣ PUMP is on the rise again — two weeks in a row of profits.
Market Capital back to $4.2B. Why? Team confirms Token buyback and regains market share lead.
6⃣ Ethereum PoS Statistics Turn Positive:
The amount of Ethereum queuing to join the Staking network has surpassed the amount of Ethereum queuing to withdraw.
7⃣ Over 61% of MKR has been converted to SKY.
Reminder: The late conversion penalty will be voted on September 18. If passed, it will take effect September 22.
8⃣ New chain to note:
Tempo, an L1 payments platform incubated by Stripe and Paradigm, has just launched its own testnet.
This is a strong signal from the traditional finance world (TradFi).
9⃣ Bitcoin ETF recorded $358 million in outflows yesterday (excluding data from BlackRock).
Ethereum ETF Outflows Hit $316 Million. That's a pretty big number.
🔟 Nasdaq Warns Crypto Treasury Firms Could Be Misleading Investors — Increased Oversight.
Shares of crypto treasury companies have fallen sharply.
🔟1⃣ US employment data in August fell short of expectations.
Traders are now forecasting a rate cut in September.
Tom Lee: "The Fed could cut rates in September, and stocks will rally strongly.
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