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HBAR price is still showing signs of weakness on longer timeframes, but one short-term bullish signal on the RSI chart has emerged. Outflows are slowing, price action is stuck in a tight zone, and the market now waits to see if this lone signal can offer a temporary push.
The US Treasury's $4B bond buyback injects liquidity into markets, but an imbalance in debt demand reveals systemic funding stress. As markets await Powell’s Jackson Hole speech, traders are pricing in a likely rate cut for September.
Share link:In this post: Crypto treasury stocks fell sharply in August after major summer gains. Ethzilla led the sector with a 114% rise, while others like Strategy dropped 16%. Companies backed by Tom Lee and Peter Thiel held up better than others.
Share link:In this post: OpenAI is considering leasing out its AI-ready data centers and infrastructure in the future. The plan mirrors Amazon Web Services, which turned excess computing into a trillion-dollar business. OpenAI is exploring new financial instruments beyond debt to fund large-scale projects.
Pi Network’s PI token struggles with minimal market interest, as its social dominance hits a weekly low and weighted sentiment remains negative. Without a surge in buying activity, PI could be headed toward an all-time low of $0.32.
Galaxy's cryptocurrency trading business generated $8.7 billion in revenue, but only brought in $13 million in profit (a profit margin of only 0.15%).
- 04:56Yesterday, US spot Bitcoin ETFs saw a net outflow of $186.5 million, while spot Ethereum ETFs saw a net outflow of $135.7 million.According to ChainCatcher, citing Farside monitoring data, yesterday the US spot bitcoin ETF saw a net outflow of $186.5 million, while the spot ethereum ETF saw a net outflow of $135.7 million.
- 04:56Berachain: Hard fork upgrade files have been distributed; the attacker is a white-hat hacker and is willing to return the fundsChainCatcher reported that Berachain posted on the X platform stating that the hard fork upgrade files have been distributed, and many validator nodes have already upgraded. They hope that the core infrastructure partners required for on-chain operations (such as liquidation oracles) ensure their RPCs are updated, as this is currently the main obstacle to resuming on-chain operations. After completing the core service RPC requests, they will coordinate with bridge, CEX partners, custodians, and others to restore services. Berachain added that they are currently communicating with the BEX fund holder, who is an MEV bot operator and claims to be a white-hat hacker, willing to pre-sign a series of transactions so that funds can be returned after the upgrade. The funds are expected to be returned to Berachain's deployment address.
- 04:31XUSD further depegs, dropping over 57% in 24 hoursJinse Finance reported that the staked stablecoin Staked Stream USD (XUSD) has further depegged, dropping more than 57% in 24 hours, currently trading at $0.535.