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[ gm ] – Crypto, Tech & Finance insights + market news

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[gm] πŸ“‰ $BTC slips below $80K on strong US jobs data

US Non-Farm Payrolls (Aug): +162K vs. +55K expected (prior βˆ’23K)
US Unemployment (Aug): 4.1% vs. 4.1% expected
[gm] πŸ“Š Over 95% of FOMO traders have lost money or barely broken even since Robinhood Chain launched.

Of 375,740 users, just 229 made more than $10,000, that's 0.06%
[gm] 🚨 JUST IN: Hunter Biden to launch a memecoin on the Base chain Sept. 9, per WSJ
[gm] 🚨 BREAKING: Hunter Biden's $LAPTOP Memecoin Crashes From $316 to Single Digits Within Minutes of Launch
[gm] 🚨 JUST IN: Frank DeGods has sold his entire memecoin portfolio for ~$2.4M, exiting nui lai, MEME and STONK.

The move comes as the tokenized-memecoin frenzy cools: Biden's $LAPTOP rugged ~99% on launch day, and Pumpfun's rival stock-paired launchpad saw 3 of 4 tokens go to zero.
[gm] TODAY: πŸ‡ΊπŸ‡Έ US Aug CPI:

β€’ Headline: 3.4% (as expected) βœ…
β€’ Core: 0.3% M/M (hotter than expected)
[gm] 🚨 Wintermute is dumping $ETH!

Over the past 3 hours, Wintermute has deposited 61,847 $ETH ($160.3M) into Binance and Coinbase
[gm] 🚨 It's CLARITY Act vote day, the biggest crypto vote of the year!

Odds of becoming law in 2026 have collapsed to ~10-16%

What to actually watch πŸ‘‡
https://www.gmcrypto.news/post/it-s-clarity-act-vote-day-and-no-one-s-sure-the-vote-will-even-happen
[gm] TODAY: πŸ›οΈ The CLARITY Act vote is scheduled for today, 17:15 UTC

To advance, Republicans need at least 7 Democrats to cross over, and the votes aren't guaranteed.
Forwarded from Ahboyash Reads
ROBINHOOD EMPLOYEES CHARGED WITH COMMODITIES FRAUD FOR INSIDER TRADING ON HYPERLIQUID: DOJ

Source
[gm] TODAY: πŸ›οΈ THE FED IS SET TO HIKE RATES AT ~94% ODDS
[gm] 🚨 The Fed hiked rates 25bps (first time since 2023), but the real shock is the dot plot: no rate cuts projected in 2027
[gm] 🏦 Circle launched its Arc chain with BlackRock & Visa as validators, then memecoins on it crashed 40-75% in hours on a chaotic launch day.
[gm] BREAKING: 🚨 BlackRock just deposited 54,096 $ETH($131.7M) and 2,015 $BTC ($153.8M) to Coinbase Prime
[gm] 🏦 S&P Global just bought crypto security firm OpenZeppelin, its 2nd crypto deal in 3 days (after leading a $110M round in Kaiko)
[gm] ⚑️ CZ claims banks don’t need protection from blockchain and can use the technology themselves instead
[gm] πŸ“Š Zcash ($ZEC) exploded 25% to a record $1,500

The trigger: Paradigm co-founder Matt Huang revealed his firm owns ZEC and called it "a private complement to Bitcoin."