I. Crypto Market Overview
Key Takeaways
1.
Macro Environment
The U.S. Federal Reserve is expected to cut interest rates by 25 basis points next week, with a 90% probability, as markets react to weak employment data. Twelve Senate Democrats have released a framework for crypto market regulation, aiming to establish clear rules for digital asset trading and issuance. The U.S. Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness and potential Fed rate cuts. Analysts suggest that $7 trillion in money market funds could FLOW into crypto as Fed rate cuts reduce yields, potentially boosting digital asset markets. The SEC has postponed decisions on Bitwise Dogecoin and Grayscale Hedera ETFs to November, impacting market strategies and investor interest.
2.
Crypto Market
Vietnam has launched a five-year pilot program for regulated crypto asset trading, requiring firms to hold at least $379 million in capital. Nasdaq has filed with the SEC to allow trading of tokenized stocks on its exchange, potentially integrating blockchain technology into traditional stock markets by 2026. The SEC has postponed its decision on Bitwise Dogecoin and Grayscale Hedera ETFs to November, affecting market strategies and investor interest in these digital assets. BBVA has partnered with Ripple to offer crypto custody services in Europe, aligning with MiCA regulations and expanding digital asset services for institutional clients. Vietnam's new crypto framework restricts local speculation by allowing only foreign investors to trade crypto assets, aiming to attract foreign capital while maintaining market control.
3.
This Week's Outlook
DEAPCOIN will revise withdrawal fees at 03:00 UTC, impacting transaction costs. US CPI data for August 2025 to be released, crucial for Fed's policy decisions. ETHBoston 2025 in Cambridge, MA, focuses on Ethereum and web3 developments. Project Merlin's IDO on Spores, marking a significant blockchain service launch. Solana Boston 2025 gathers enthusiasts to discuss advancements and collaboration.
Fear and Greed Index
90.00% Annual Percentile
44 Neutral
Total Crypto Market Cap
$3.86T
Total Market Trading Volume
$155.37B
Altcoin Season Index
33.33%
Quarterly Percentile
52 / 100
Total Futures Market Open Interest
3.19B
Futures
896.03B
Perpetuals
II. Industry Updates
Macro-economic Policies
1.
The U.S. Federal Reserve is expected to cut interest rates by 25 basis points next week, with a 90% probability, as markets react to weak employment data.
2.
Twelve Senate Democrats have released a framework for crypto market regulation, aiming to establish clear rules for digital asset trading and issuance.
3.
The U.S. Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness and potential Fed rate cuts.
4.
Analysts suggest that $7 trillion in money market funds could FLOW into crypto as Fed rate cuts reduce yields, potentially boosting digital asset markets.
Cryptocurrency Regulatory Trends
1.
Vietnam has launched a five-year pilot program for regulated crypto asset trading, requiring firms to hold at least $379 million in capital. This MOVE aims to formalize the crypto market and ensure financial security.
2.
Nasdaq has filed with the SEC to allow trading of tokenized stocks on its exchange, potentially integrating blockchain technology into traditional stock markets by 2026.
5.
Vietnam's new crypto framework restricts local speculation by allowing only foreign investors to trade crypto assets, aiming to attract foreign capital while maintaining market control.
Trending Tokens
2.
BlockDAG (BDAG): Achieved a $403M presale milestone, showcasing STRONG investor interest and potential for significant returns.
5.
Ethereum (ETH): Developers reportedly earn 50-60% less than market rates, raising concerns about talent retention and network growth.
Smart Money Movements
1.
Peter Thiel invested in Ethereum-focused companies like ETHZilla, capturing equity upside without directly holding ETH, reflecting a strategic shift in crypto treasury management.
2.
Michael Saylor's Strategy holds 629,000 BTC, representing 64% of public-company treasury holdings, emphasizing Bitcoin as a reserve asset and inflation hedge.
3.
A trader turned $125K into $43M on Hyperliquid using aggressive leverage on Ether, highlighting the potential and risks of DEFI trading strategies.
4.
A whale deposited 9.325M Worldcoin (WLD) tokens into Binance, netting an $8M profit, showcasing strategic gains in crypto trading.
5.
Ark INVEST increased its BitMine Immersion Technologies investment by $4.46M, while reducing Robinhood holdings by $5.13M, indicating a strategic portfolio shift.
Events to Watch
September 10 (Wednesday)
DEAPCOIN will revise withdrawal fees at 03:00 UTC, impacting transaction costs.
September 11 (Thursday)
US CPI data for August 2025 to be released, crucial for Fed's policy decisions.
September 12 (Friday)
ETHBoston 2025 in Cambridge, MA, focuses on Ethereum and web3 developments.
September 12 (Friday)
Project Merlin's IDO on Spores, marking a significant blockchain service launch.
September 13 (Saturday)
Solana Boston 2025 gathers enthusiasts to discuss advancements and collaboration.
III. Phemex Market Focus
New Listings
Mirror Token is a blockchain-based social reputation platform designed to provide a comprehensive digital representation of user behaviour and engagement across multiple platforms.
LiveArt is the AI-powered RWAfi protocol unlocking the $10T market of investment-grade art, watches, cars, wine and collectibles.
Avantis is a decentralized perpetuals exchange designed for high-leverage trading across crypto and real-world assets (RWAs).
OpenLedger is the AI blockchain, unlocking liquidity to monetize data, models, apps and agents.
WORLDSHARDS is a life-simulation sandbox MMORPG set in the fictional archipelago of Murrlandia.
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1.
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