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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.
- 15:05"1011 Insider Whale" goes short on 700 BTC, worth approximately $76 millionAccording to ChainCatcher, based on MLM monitoring, the "1011 Insider Whale" has closed 700 BTC out of a 2,000 BTC short position, worth approximately $76 million.
- 14:52Liquid staking protocol Kinetiq launches token KNTQ, will airdrop 24% to kpoints holdersChainCatcher News, according to official sources, the liquidity staking protocol Kinetiq on Hyperliquid has announced the launch of KNTQ. This is the governance token of the Kinetiq protocol, and 24% will be airdropped to kpoints holders.
- 14:52The BTC transferred by Lubian today is not part of the assets seized by the US government and is still controlled by the criminal group.According to ChainCatcher, as disclosed by Bitcoin News, the 15,965 bitcoins related to sanctioned wallets that were transferred today are still controlled by Chen Zhi, the leader of the criminal group Prince Group, and have been moved on-chain for the first time in three years. It is worth noting that these bitcoins are not part of the 127,000 BTC that the United States announced last week had been seized from its operations.