I. Crypto Market Overview

Key Takeaways

1.

Macro Environment

The Fed's potential rate cuts could shift $7 trillion from money markets into crypto, boosting Bitcoin and DEFI investments. Senate Democrats emphasize crypto market structure regulation to address industry concerns. US-China trade tensions and weak eurozone PMI data tighten global liquidity, limiting capital inflows to digital assets. Markets remain sensitive to US CPI and central BANK signals, driving short-term volatility.
2.

Crypto Market

Nasdaq's SEC filing for tokenized securities trading could integrate blockchain with traditional markets, enhancing liquidity. Vietnam's five-year crypto trading pilot focuses on local firms and transactions in Vietnamese dong, aiming to regulate the market. BlackRock's transfer of $312M in ETH and $29.88M in BTC to Coinbase PRIME signals increased institutional interest. The crypto market shows mixed signals with a total market cap of $3.91T and a 23.09% increase in total volume.
3.

This Week's Outlook

DEAPCOIN's revision of withdrawal fees at 03:00 UTC may impact transaction costs. US PPI data release could influence Bitcoin prices and risk assets. US CPI figures for August, crucial for Fed's policy decisions, will be released tomorrow. Project Merlin's IDO on Spores could affect blockchain service investments. The Federal Reserve is expected to announce a rate cut, impacting crypto markets.
Fear and Greed Index
88.00% Annual Percentile
42 Neutral
Total Crypto Market Cap
$3.91T
0.96%
Total Market Trading Volume
$148.28B
23.09%
Altcoin Season Index
33.33%
Quarterly Percentile
52 / 100
Total Futures Market Open Interest
3.87B
22.85%
Futures
859.53B
1.87%
Perpetuals

II. Industry Updates

Macro-economic Policies

1.

The Senate draft bill praised for STRONG crypto developer protections, clarifies DAO governance and TOKEN protections, impacting DEFI and blockchain sectors.

2.

New White HOUSE crypto adviser prioritizes market structure bill, stablecoin law implementation, and U.S. bitcoin stockpile, influencing crypto regulation.

3.

Fed rate cuts expected to shift $7 trillion from money markets into crypto, potentially boosting Bitcoin and DEFI investments.

4.

JP Morgan warns Fed rate cut may trigger stock sell-offs, impacting Bitcoin as it closely follows S&P 500 trends.

5.

Senate Democrats outline crypto market structure priorities, emphasizing regulation to address industry concerns.

1.

Nasdaq has filed with the SEC to allow tokenized securities trading, potentially launching by Q3 2026. This MOVE could integrate blockchain with traditional markets, enhancing liquidity and transparency.

2.

Vietnam has launched a five-year pilot program for crypto trading, focusing on local firms and transactions in Vietnamese dong. This aims to regulate and assess the crypto market's viability.

3.

SEC Commissioner Hester Peirce warns that centralized LAYER 2 blockchains may need to register as exchanges, highlighting regulatory challenges for maintaining decentralization.

4.

The SEC is reviewing six XRP ETF applications, with decisions expected in October. Approval could increase institutional access and demand for XRP, impacting its market dynamics.

5.

Vietnam's crypto pilot program includes a $379 million capital requirement for trading platforms, emphasizing domestic control and compliance with local regulations.

1.

Nemo Protocol (NEMO): Recently suffered a $2.4 million hack on the SUI blockchain, highlighting security vulnerabilities in DEFI platforms.

2.

Chainlink (LINK): Launched CCIP on Aptos, enhancing CROSS-chain interoperability and boosting DEFI liquidity and institutional adoption.

3.

SwissBorg (CHSB): Experienced a $40 million breach affecting its SOL Earn product, but assured users of a recovery plan and secure main application.

4.

Remittix (RTX): Emerging as a promising altcoin with real-world PayFi utility, preparing for a Q3 2025 wallet launch and CEX listings.

5.

Gemini (GEMI): Preparing for an IPO with a $50 million investment from Nasdaq, aiming to raise $317 million and expand institutional services.

Smart Money Movements

1.

Peter Thiel and Michael Saylor have adopted divergent crypto treasury strategies. Thiel invests in Ethereum-focused companies, while Saylor's firm holds 629,000 BTC, representing 64% of public-company treasury holdings.

2.

A crypto trader turned $125K into $43M on Hyperliquid by leveraging aggressive compounding strategies on Ether, highlighting the potential and risks of DEFI trading.

3.

BlackRock transferred $312M in ETH and $29.88M in BTC to Coinbase PRIME, signaling increased institutional interest and potential market influence.

4.

Caliber launched its digital asset treasury with an initial purchase of Chainlink (LINK) tokens, marking a strategic focus on LINK as a reserve asset.

5.

A whale deposited 9.325M Worldcoin (WLD) tokens into Binance, realizing an $8M profit within two weeks, demonstrating strategic trading in the crypto market.

Events to Watch

September 10 (Wednesday)

DEAPCOIN will revise withdrawal fees at 03:00 UTC, impacting transaction costs.

September 10 (Wednesday)

US PPI data release may influence Bitcoin prices and risk assets.

September 11 (Thursday)

US CPI figures for August to be released, crucial for Fed's policy decisions.

September 12 (Friday)

Project Merlin's IDO on Spores could affect blockchain service investments.

September 15 (Monday)

Federal Reserve expected to announce a rate cut, impacting crypto markets.

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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