🚨 Last Night’s Crypto Highlights 👇
1⃣ Powell stayed hawkish despite Trump’s criticism. Data shows 45.7% probability of a Sept rate cut.
2⃣ Heat is back? US blockchain stocks surged overnight, with ETH reserve plays leading.
3⃣ $KAITO accused of “pay-to-rank,” community questions fairness. Price $1.2, MCap $1.23B, down 2 weeks straight.
4⃣ Letsbonkfun market share hit 78%, Pump dropped to 13.8%. Pumpfun’s weekly revenue fell to <$300K, a 1-year low. $BONK MCap $2.5B, $PUMP $2.7B.
5⃣ Stats: BlackRock ETF bought >$1.2B in ETH last week, 4× their BTC purchases.
6⃣ HK stablecoin sector dumped as issuer regulations go live Aug 1; traders likely sold the news.
7⃣ Matrixport: Current sentiment diverging from fundamentals; market may cool short-term.
8⃣ White House digital asset report: No major BTC reserve update. Proposal to require US taxpayers to declare overseas crypto accounts draws attention.
9⃣ Analyst: US SEC’s new crypto ETF listing standards could see Coinbase-linked futures tokens approved as early as Sept–Oct.
🔟 Majors consolidating. BTC monthly resistance under watch. Cautious but active inflows. ETF approval & on-chain flows are key drivers. Market sentiment “cautiously bullish” with rotations between majors, small caps, NFTs & Meme coins.
