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🇺🇸 The US plans to create a “tax-free digital economic zone for Bitcoin”

The initiative is being developed by the political group “USABTC”.

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#rwa
🤝 #ARB Franklin Templeton Tokenized Fund (FOXX) Launches on Arbitrum Blockchain

Franklin Templeton Manages Assets Worth $1,640,000,000,000+

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#opinion
🐃 Matrixport predicts BTC growth in the near future – twitter

“RSI indicator indicates Bitcoin is oversold + US inflation data will be published next week – historically BTC grows in such conditions.”

“Traders may react positively to a decrease in US inflation, especially
if it falls below 3%.”

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🤔 “Bitcoin ETF Options Likely to Launch in Q4 of This Year” – James Seyffart

The SEC deadline is around September 21, then approval from the OCC and CFTC is needed.

“CBOE Files New Bitcoin ETF Options Listing Application – A Good Sign”

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#onchain #usdt
🧐 Tether added 1,300,000,000 USDT to crypto exchanges (CEX) since August 5 – Lookonchain

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🇹🇷 Market maker DWF Labs expands in Turkey – announcement

A partnership agreement has been signed with KOLS․HOUSE to organize marketing campaigns in the region.

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😳 Kamala Harris Outperforms Donald Trump on Polymarket (51%)

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🇹🇭 Thailand is introducing cryptocurrency

A sandbox has been launched: designed to test crypto startups, “promote experimentation and develop innovations that support the efficient delivery of digital asset services in a real-world context.”

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#onchain #records
🤔 BTC reserves on centralized crypto exchanges (CEX) – minimum since November 19, 2018 (CryptoQuant)

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#calendar
⚡️ Key events calendar for this week

Monday 12 August:
🇯🇵 Japan - No trading

Tuesday 13 August:
🇯🇵 Japan - PPI inflation (July)
🇺🇸 US - PPI inflation (July)

Wednesday 14 August:

🇪🇺 EU - GDP (Q2)
❗ US - CPI inflation (July)

Thursday 15 August:

🇯🇵 Japan - GDP (Q2)
🇺🇸 US - Initial Jobless Claims
🇺🇸 US - Retail Sales (July)
🇺🇸 US - Fed Balance Sheet

Friday 16 August:
- nothing important

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#WetDreams #BTC

🚀 The most popular theory from Twitter - Bitcoin repeats the period of 2014-2017.
(fractal)

Ahead is the main bull run, dozens of X's and tears of joy.

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🇺🇸 Elon Musk invited Kamala Harris for an interview! – twitter

Highlights from the live broadcast with Donald Trump:

▫️Cryptocurrency was NOT discussed, it was only mentioned as an investment opportunity.
▫️The interview was delayed by 40 minutes due to a DDoS attack on Twitter (X).
▫️Donald Trump hated Joe Biden and talked about the problems of inflation and national debt in the United States.
▫️They discussed the recent assassination attempt on Donald Trump and the exceptional nature of Tesla.
▫️Donald Trump expressed hope for restoring relations with Vladimir Putin if he wins the election.

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#opinion
🤔 Arthur Hayes: "When BTC crosses $70,000 and ETH crosses $4,000, the altseason will begin."

+ he expects the crypto market to start growing in September and #SOL to be higher than $250.

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🇸🇻 El Salvador Raises $1,620,000,000 for Bitcoin City – decrypt

The money from the Turkish company Yilport will go towards the development of two seaports. One of them is located in the area where Bitcoin City is planned to be built. 🇸🇻 El Salvador Raises $1,620,000,000 for Bitcoin City – decrypt

The money from the Turkish company Yilport will go towards the development of two seaports. One of them is located in the area where Bitcoin City is planned to be built.

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#insider
🧐 Reuters: Japan's parliament will discuss the recent increase in the central bank's interest rate on August 23.

The head of the Bank of Japan is planned to be invited to the closed meeting.

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🇺🇸 US Macro Data (PPI):

▪️ PPI (MoM) (July)

ACTUAL: 0.1%
FORECAST: 0.2%
PREV: 0.2%

▪️ PPI (YoY) (July)

ACTUAL: 2.2%
FORECAST: 2.3%
PREV: 2.7%

▪️ Core PPI (MoM) (July)

ACTUAL: 0.0%
FORECAST: 0.2%
PREV: 0.3%

▪️ Core PPI (YoY) (July)

ACTUAL: 2.4%
FORECAST: 2.7%
PREV.: 3.0%

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#onchain
🎯 CryptoQuant warns of increased pressure from BTC sellers – original

On August 11 and 12, “long-dormant wallets” moved 31,600 BTC ($1.85 billion)

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🥳 #MKR Grayscale Announces Launch of Crypto Fund for Investment in MakerDAO – coindesk

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🇯🇵 #XRP Japanese financial giant SBI Holdings will begin actively promoting XRP Ledger – original

They promise to issue NFTs on the XRP Ledger blockchain + teach people how to trade them.

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💸 #USDT Tether Expands in Middle East, Investing $3,000,000 in Payments Company Kem – blog

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💰 Fed balance sheet increased by $2.4 billion in one week!

▪️Goolsbee, Fed Chair:
- Some indicators warn of the possibility of a recession.
- There is no point in keeping the Fed's restrictive monetary policy any longer. (time to cut rates)

▪️Musalem, Fed Chair:
- The time for a rate cut may be approaching.
- The probability of a recession has increased a little, but not by much.

▪️Bostic, Fed Chair:
- I am open to a Fed rate cut in September.

📌 Market expectations (#FedRate):
- September 18: 25 bps cut to 5.00-5.25%
- November 7: 25 bps cut to 4.75-4.50%.
- December 18: 50 bps cut to 4.25-4.50%.
- January 29, 2025: decrease by 25 bp to 4.00-4.25%.

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