🚨 BONK Faces Major Setback

• Upbit will delist BONK on September 7, citing unresolved security issues and inadequate disclosure.

• BONK is falling sharply following the announcement.

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🚨 Grayscale Rebalances Crypto 5 ETF

• Grayscale has filed an 8-K for its quarterly Crypto 5 ETF rebalance.

• The rebalance will adjust XRP's allocation in the fund.

• The ETF manages over $750 million in assets.

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🚨 CLARITY Act Faces Another Major Setback

The US Senate failed to pass the Crypto CLARITY Act before the summer recess.

This delay could keep crypto regulation uncertain and put some pressure on market sentiment.

The bill will now have to wait until the Senate returns.

🚨 Block Adds More Bitcoin

• Jack Dorsey’s Block added another 234 BTC, worth around $15.1M.

• The company’s Bitcoin treasury now stands at 9,117 BTC.

Ethereum Holds $1,900

• ETH is still hovering around the $1,900 level.

• ETF buying shows continued institutional demand.

• If ETH holds above $1,900, a move above $2,000 could be next.

🚨 $60.4M Bitcoin Short Opened

• A trader opened a $60.42 million BTC short position.

• Liquidation price: $65,309

• With BTC near this level, the position is under serious pressure. 👀

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Bitcoin first Target is completed ✅✅

🚨 Fed Rate Cut Odds Shift

• Polymarket users now see a 63% chance that the Fed will leave rates unchanged.

• Markets are increasingly pricing in no rate change at the next meeting.

$SOL Breaks Out

• SOL has broken out of the falling wedge.

• If the breakout holds, more upside could follow.

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PIPEDOG is starting to break out of its range.

If it holds above the breakout area, we could see a bullish move from here. 👀

Let's see if the breakout holds.