Crypto Pro Updates
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πŸ‡°πŸ‡·πŸ‘€ #USDT #USDC Executives from Circle and Tether will meet with top officials from some of South Korea's largest financial groups this week.
The discussions will reportedly focus on the potential proliferation and use of $-linked stablecoins in South Korea, as well as the issuance of Won-backed stablecoins. decrypt
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA:
- Initial Jobless Claims: 235k (pre: 224k);
- Philadelphia Fed Manufacturing Index (Aug): -0.3 (pre: +15.9).
πŸ₯³ #LINK Chainlink: Chainlink was the first data oracle platform to achieve ISO 27001 and SOC 2 compliance. Examinations were conducted in accordance with attestation standards set by the American Institute of Certified Public Accountants (AICPA), an independent accounting firm, Deloitte & Touche LLP.
πŸ“ŠπŸ‘€ #USDC CQ: USDC reserves on CEX Tier 1 have soared to a record high. Surging inflows on Coinbase and Kraken may indicate preparations for increased liquidity.
πŸ†• #WLFI Coinbase plans to list USD1 from World Liberty Financial
πŸ€πŸ‘€ #OP Optimism is teaming up with Flashbots to modernize transaction processing in its OP Stack ecosystem. coindesk
βœ…πŸ‘€ #STRK Starknet management approved SNIP-31, paving the way for #BTC steaking implementation "in the coming weeks."
πŸ•΅οΈβ€β™‚οΈ 2.4 million #TRUMP (~$20.4 million) transferred from an unknown wallet to Binance
πŸ’° #SOL SOL Strategies announced that it holds 400,909 SOLs in its treasury.
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro US (Aug; Prev):
- S&P Composite PMI: 55.4 (pre: 55.1);
- S&P Manufacturing PMI: 53.3 (previous: 49.8);
- S&P Services PMI: 55.4 (pred: 55.7).
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro Traders now believe the probability of a Fed rate cut in September has dropped to 77%.
πŸ“ŠπŸ‘€ #HYPE RedStone: Hyperliquid controls >80% of the DeFi transaction market, processing up to $30 billion daily.
πŸ“Š #ETH supply held by public companies reached 2%. Since Apr 1, their Ethereum holdings grew from $70M to an impressive $10.9B.
🧐 #BTC #ETH BlackRock deposited 1,885 BTC ($111.66M) and 59,606 ETH ($254.43M) to CoinbasePrime 4 hours ago.
πŸ“ŠπŸ“‰ #BTC Selling pressure is mounting around $112K–113K, a key support level formed back in May.

If this zone breaks, bears could gain momentum and push the price below $110K in the near term.
πŸ•΅ #YZY Dethective: A sniper/insider today bought YZY for $250k at $0.20 and made a ~$1M profit in minutes. Previously, this insider earned $21M on #LIBRA.

Also, famous sniper Nasim, who made millions on #TRUMP, was one of the first to buy YZY today.

Insider wallets:
- AwY1VTMdhsSRTeZhZycfVb6akadSGjou9c8BvrJSsHJh;
- AAjr5bu787vkktc5C43WJ2g2Q1jwEG1Gjgf1fjjbymh7;
- DmzEMt7XHwA1tZM5d1XBGvTFWoUpTLutpR5d8cMxNghs


Meanwhile >60% of YZY holders are at a loss
πŸ‡ΊπŸ‡ΈπŸ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -3,600 BTC ($408.56M) πŸ”΄
Blackrock outflows 1,930 BTC ($219.04M) and currently holds 747,424 BTC ($84.81B);
#ETH-ETFs:
NetFlow: -110,161 ETH ($471.49M) πŸ”΄
Blackrock outflows 59,606 ETH ($255.11M) and currently holds 3,486,213 ETH ($14.92B).
πŸ‘€ #ZORA Zora launched short videos feature - Vidz
πŸ‡ΊπŸ‡ΈπŸ’° #TON Verb Technology has officially announced the purchase of TON tokens for a balance of $713 million in TON.
🎩 #TON #VERB Verb Technology announced that they acquired TON for $713M
🐳 #BTC The whales have accumulated over 16,000 BTC in the last seven days.