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Ethereum, Ethena, and XRP could see billions in liquidations this week as leveraged positions face steep risks from rapid price swings. Market imbalances and shifting sentiment are setting the stage for potential sharp moves in all three altcoins.
Share link:In this post: Bitcoin rose above $122,000, approaching its all-time high of $123,218 from July. Bitcoin ETFs saw $253 million in inflows, while Ethereum ETFs drew $461 million. Global markets are watching U.S. inflation data, trade deadlines, and Fed signals.
Share link:In this post: SK Hynix expects yearly AI memory sales to rise 30% through 2030. Cloud giants’ AI spending will push demand for custom chips. New HBM4 designs will make rivals’ products harder to replace.
A TST developer wallet’s $30,400 sell-off has ignited skepticism toward CZ’s past statements and deepened concerns over the meme token’s already weak market position.
PT-USDe Rotation Strategy Launched by Pendle and Aave
The SEC granted Ripple a waiver to sell securities, defying court rulings and offering a new revenue stream, but raising concerns about the future of crypto regulation.
The SEC has clarified that liquidity staking does not involve securities issuance and sale, easing regulatory concerns for projects like Lido at a regulatory level.
- 22:46Paradigm Co-founder Matt Huang Appointed as the First CEO of Stripe’s Blockchain Project TempoAccording to several sources familiar with the matter, Jinse Finance reports that payment giant Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture capital firm Paradigm, as the first CEO of its new blockchain initiative, Tempo, which is accelerating Stripe’s entry into the blockchain sector. Huang is also a member of Stripe’s board of directors and will continue to serve as managing partner at Paradigm. Previous reports indicated that Stripe is collaborating with Paradigm to develop the L1 blockchain Tempo.
- 22:17Total U.S. National Debt Surpasses $37 Trillion for the First TimeAccording to a report by Jinse Finance, on August 12 local time, the total U.S. national debt surpassed $37 trillion for the first time, as the federal government continues to accumulate debt at a record pace. The latest data released by the U.S. Treasury Department shows that as of that afternoon, the total U.S. national debt had reached $37,004,817,625,842. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, commented that the U.S. fiscal situation is severely out of balance, yet Congress continues to make matters worse.
- 22:17There is a 93.4% probability that the Federal Reserve will cut interest rates in SeptemberAccording to CME "FedWatch" reported by Jinse Finance: there is a 6.6% probability that the Federal Reserve will keep rates unchanged in September, and a 93.4% probability of a 25 basis point rate cut. For October, there is a 2.4% probability that rates will remain unchanged, a 37.7% probability of a cumulative 25 basis point rate cut, and a 59.9% probability of a cumulative 50 basis point rate cut.