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Share link:In this post: UK business confidence fell to a record low of –72 in July, worse than during the April 2020 COVID lockdown. 85% of surveyed executives say they no longer trust the government to restore growth. Company‐level confidence slid from +3 in June to -9 in July, the second-worst reading in a decade
Share link:In this post: Trump announced a 40% tariff on goods rerouted through other countries, mainly targeting China. The U.S. has not yet defined what qualifies as “transshipped,” leaving countries in confusion. Southeast Asian exporters like Thailand and Vietnam are waiting for rules on local content and origin.
Share link:In this post: The U.S. dollar surged after Trump announced global tariffs ranging from 10% to 41%. Asian, European, and U.S. stock futures fell sharply following the tariff update. Amazon dropped over 6% on weak guidance, while Apple rose 2% after strong earnings.
HBAR is struggling with significant losses as long-position liquidations and smart money exits signal growing bearish momentum, pushing the token toward key support levels.
The altcoin market's correlation with US small-cap stocks offers clues to its future. As small-cap optimism rises, altcoins could see extended gains.
Those complex offshore company structures, pseudo-decentralized performances, and the confusion about whether crypto assets are securities will become a thing of the past.
El Salvador’s elimination of presidential term limits boosts Nayib Bukele’s ability to continue Bitcoin accumulation and shape the nation’s crypto future, despite transparency concerns.
- 09:42Bank of America: Stock Market Likely to See Profit-Taking After Jackson Hole MeetingAccording to a report by Jinse Finance, strategists at Bank of America have pointed out that the record-breaking rebound in the U.S. stock market presents an excellent opportunity to take profits if the Federal Reserve sends dovish signals at the Jackson Hole meeting. The team led by Michael Hartnett noted that investors are flocking to risk assets ranging from stocks to cryptocurrencies and corporate bonds, driven by optimism that the Fed will cut interest rates to support a weakening labor market and ease the U.S. debt burden. In a report, Hartnett wrote that if Fed Chair Jerome Powell delivers dovish remarks at the Jackson Hole meeting, it could trigger a market pullback as investors “buy the rumor, sell the fact.” He reiterated his preference for international equities over U.S. stocks, a view that has proven correct this year. Hartnett has recently warned that the stock market may be forming a bubble. He believes that as investors seek to hedge against inflation and a weakening dollar, gold, commodities, cryptocurrencies, and emerging market assets will be the biggest winners.
- 09:36100 Million USDT Transferred from JustLend DAO to Unknown WalletAccording to a report by Jinse Finance, @whale_alert monitoring shows that at 17:27 (UTC+8), 100 million USDT (worth $100,085,750) was transferred from JustLend DAO to an unknown wallet.
- 09:33A swing trading address bought the dip in WETH with 8,264,000 USDC this morningAccording to Foresight News, monitoring by @ai_9684xtpa shows that an address known for swing trading spent 8,264,000 USDC this morning to purchase 1,778.7 WETH at an average price of $4,646.4. Since August, this address has made two swing trades, with a total profit of $930,000—one trade was profitable, while the other resulted in a loss.