π¦π€ BNP Paribas and HSBC join privacy-focused blockchain Canton. coindesk
πΊπΈπ #macro Annual revision to Nonfarm Payrolls employment data: -911k (pre: -598k)
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ππ #SOL Glassnode: Solana continues to outperform, with perp open interest climbing above $7B as price extends beyond $200. Market participation is clearly expanding.
Despite the rise in open interest, Perpetual Funding Rates remain relatively stable. This suggests the build-up is not excessively leveraged, leaving scope for further upside if momentum persists.
Despite the rise in open interest, Perpetual Funding Rates remain relatively stable. This suggests the build-up is not excessively leveraged, leaving scope for further upside if momentum persists.
ππ #BTC Accumulator addresses, or wallets with a history of only buying Bitcoin and never selling, just reached a new record of over 266K BTC. They accumulated 203,000+ BTC in the last 30 days.
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Crypto News Aggregator by EXCAVO
π΅οΈββοΈ James Wynn opened a 10x leveraged long on #HYPE again using referral rewards. He received a total of $117,730 in referral rewards.
π°πΈ James Wynn's long #HYPE position liquidated.
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πββ #ENA #HYPE Ethena offers Hyperliquid to 100% provide their #USDH stablecoin with their #USDtb stablecoin. In return, pledges to direct at least 95% of the net income generated through USDH reserves to benefit the Hyperliquid community, either by purchasing HYPE and contributing to the Relief Fund, or by purchasing HYPE and distributing it to users.
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π΅π #MYX Bubblemaps: The organization/kit got MYX airdrop nearly $170M through 100 wallets.
πΊπΈπ #macro JPMorgan expects a 25bp Fed rate cut in September, even with CPI uncertainty.
Meanwhile, BlackRock thinks the Fed should cut interest rates by 50 basis points next week.
Meanwhile, BlackRock thinks the Fed should cut interest rates by 50 basis points next week.
πΊπΈπ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +2,409 BTC ($267.37M) π’
Fidelity inflows 1,395 BTC ($154.88M) and currently holds 201,069 BTC ($22.32B);
#ETH-ETFs:
NetFlow: -47,101 ETH ($201.87M) π΄
Blackrock outflows 44,774 ETH ($191.9M) and currently holds 3,661,025 ETH ($15.69B).
#BTC-ETFs:
NetFlow: +2,409 BTC ($267.37M) π’
Fidelity inflows 1,395 BTC ($154.88M) and currently holds 201,069 BTC ($22.32B);
#ETH-ETFs:
NetFlow: -47,101 ETH ($201.87M) π΄
Blackrock outflows 44,774 ETH ($191.9M) and currently holds 3,661,025 ETH ($15.69B).
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ππ€ #BTC is currently trading at $111.1k, stuck between the 0.85 and 0.94 quantile cost basis band ($104.1kβ$114.1k). This range historically marks post-euphoria consolidation. A break below signals further exhaustion, while a reclaim above $114k could mark renewed demand strength.
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ππ #RWA protocols have grown almost uninterrupted this year, pushing TVL past $15B.
BlackRock BUIDL fund remains the largest RWA vehicle at about $2.25B in assets, while Ethena's USDtb and Ondo's Yield Assets are also gaining ground.
BlackRock BUIDL fund remains the largest RWA vehicle at about $2.25B in assets, while Ethena's USDtb and Ondo's Yield Assets are also gaining ground.