SEC Delays HBAR & Polkadot ETFs, Crypto Market Awaits Fed Moves

I. Crypto Market Overview

Key Takeaways

Macro Environment

The SEC's delay on HBAR and Polkadot ETFs until November impacts crypto market expectations. Traders anticipate a Fed rate cut due to weak US jobs data, potentially affecting crypto market liquidity. US economic data shows rising unemployment and weak job growth, increasing expectations for Fed rate cuts. The US Dollar remains dominant despite BRICS de-dollarization efforts, according to JP Morgan analysis. Upcoming US CPI and PPI reports could influence Fed decisions and crypto market trends this week.

Crypto Market

The SEC and CFTC's joint roundtable on crypto regulation aims to clarify DEFI and perpetual contracts, potentially impacting market dynamics. BitMine's increase in Ethereum holdings to over 2 million ETH reinforces its position as the largest corporate Ethereum holder. The total crypto market cap is $3.87T, with a 1.17% increase in the last 24 hours, indicating a neutral market sentiment. Whale investor qianbaidu.ETH's purchase of $19.57 million worth of $HYPE tokens highlights significant market activity. The fear and greed index stands at 40, indicating a neutral sentiment in the market.

This Week's Outlook

Today's key events include the Black Mirror TGE focusing on Analytics, Gaming, Identity, and Social Network. SONIC unlocks 150M tokens, impacting market dynamics with a $45.64M value. Tomorrow, LiveArt TGE targets AI Art Marketplace, NFT, and Real-World Assets. Monitor market reaction to these developments, as they may drive volatility and sector rotation.

Fear and Greed Index

94.00% Annual Percentile

40 Neutral

Total Crypto Market Cap

$3.87T

1.17%

Total Market Trading Volume

$120.14B

43.57%

Altcoin Season Index

25.00%

Quarterly Percentile

51 / 100

Total Futures Market Open Interest

3.87B

0.78%

Futures

881.13B

5.03%

Perpetuals

II. Industry Updates

Macro-economic Policies

The SEC has delayed decisions on HBAR and Polkadot ETFs until November, impacting crypto market expectations.

Traders anticipate a Fed rate cut due to weak US jobs data, potentially affecting crypto market liquidity.

US economic data shows rising unemployment and weak job growth, increasing expectations for Fed rate cuts.

The US Dollar remains dominant despite BRICS de-dollarization efforts, according to JP Morgan analysis.

Upcoming US CPI and PPI reports could influence Fed decisions and crypto market trends this week.

Cryptocurrency Regulatory Trends

Nasdaq has filed a request with the SEC to list tokenized stocks, aiming to integrate blockchain with traditional markets, potentially boosting liquidity.

The SEC and CFTC will hold a joint roundtable on September 29 to discuss regulatory clarity for crypto markets, focusing on DEFI and perpetual contracts.

The European Union is preparing sanctions against Russian crypto exchanges, potentially impacting CROSS-border crypto transactions and market stability.

Chainlink CEO met with SEC Chairman to discuss on-chain asset integration, highlighting regulatory efforts to align blockchain with securities laws.

The SEC's Project Crypto aims to provide regulatory clarity for digital assets, fostering innovation while ensuring compliance in the crypto sector.

Rollblock (RBLK): Rollblock's innovative GambleFi model offers 15x potential gains with revenue sharing and TOKEN burns, attracting significant investor interest.

Ethena (ENA): Ethena's USDe stablecoin has surged into third place in stablecoin rankings, with a 42% supply growth, enhancing its market traction.

Mutuum Finance (MUTM): This DEFI protocol is gaining momentum with a dual lending market and a presale raising over $15.4 million, promising significant growth potential.

LAYER Brett (LBRETT): Operating on Ethereum LAYER 2, this MEME coin offers HIGH-speed transactions and low fees, positioning it for 50x-100x growth.

Remittix: This altcoin is gaining traction with its focus on PayFi, offering direct crypto-to-BANK transfers and a wallet BETA launching SOON, promising 20x returns.

Smart Money Movements

BitMine Immersion Technologies has increased its Ethereum holdings to over 2 million ETH, valued at $8.5 billion, reinforcing its position as the largest corporate Ethereum holder.

Michael Saylor's Strategy acquired 1,955 Bitcoin for $217.4 million, bringing its total holdings to 638,460 BTC, valued at approximately $47.2 billion.

Whale investor qianbaidu.ETH purchased $19.57 million worth of $HYPE tokens, acquiring 411,000 tokens at an average price of $47.6 each.

Antpool transferred 999 BTC, valued at $111 million, to an unknown wallet, highlighting significant movement in the Bitcoin mining sector.

Metaplanet acquired an additional 136 Bitcoins for $15.2 million, increasing its total holdings to 20,136 BTC, reflecting a STRONG investment in Bitcoin.

Events to Watch

September 8 (Monday)

Black Mirror TGE focuses on Analytics, Gaming, Identity, and Social Network.

September 8 (Monday)

Sonic unlocks 150M tokens, impacting market dynamics with $45.64M value.

September 9 (Tuesday)

LiveArt TGE targets AI Art Marketplace, NFT, and Real-World Assets.

September 9 (Tuesday)

Switchboard TGE involves Aptos, DApp Infrastructure, and Solana Ecosystem.

September 10 (Wednesday)

Linea TGE emphasizes Ethereum Ecosystem, Infrastructure, and L2.

Table of Contents

I. Crypto Market Overview

Key Takeaways

Macro Environment

Crypto Market

This Week's Outlook

II. Industry Updates

Macro-economic Policies

The SEC has delayed decisions on HBAR and Polkadot ETFs until November, impacting crypto market expectations.

Traders anticipate a Fed rate cut due to weak US jobs data, potentially affecting crypto market liquidity.

US economic data shows rising unemployment and weak job growth, increasing expectations for Fed rate cuts.

The US Dollar remains dominant despite BRICS de-dollarization efforts, according to JP Morgan analysis.

Upcoming US CPI and PPI reports could influence Fed decisions and crypto market trends this week.

Cryptocurrency Regulatory Trends

Nasdaq has filed a request with the SEC to list tokenized stocks, aiming to integrate blockchain with traditional markets, potentially boosting liquidity.

The SEC and CFTC will hold a joint roundtable on September 29 to discuss regulatory clarity for crypto markets, focusing on DEFI and perpetual contracts.

The European Union is preparing sanctions against Russian crypto exchanges, potentially impacting CROSS-border crypto transactions and market stability.

Chainlink CEO met with SEC Chairman to discuss on-chain asset integration, highlighting regulatory efforts to align blockchain with securities laws.

The SEC's Project Crypto aims to provide regulatory clarity for digital assets, fostering innovation while ensuring compliance in the crypto sector.

Trending Tokens

Rollblock (RBLK): Rollblock's innovative GambleFi model offers 15x potential gains with revenue sharing and TOKEN burns, attracting significant investor interest.

Ethena (ENA): Ethena's USDe stablecoin has surged into third place in stablecoin rankings, with a 42% supply growth, enhancing its market traction.

Mutuum Finance (MUTM): This DEFI protocol is gaining momentum with a dual lending market and a presale raising over $15.4 million, promising significant growth potential.

LAYER Brett (LBRETT): Operating on Ethereum LAYER 2, this MEME coin offers HIGH-speed transactions and low fees, positioning it for 50x-100x growth.

Remittix: This altcoin is gaining traction with its focus on PayFi, offering direct crypto-to-BANK transfers and a wallet BETA launching SOON, promising 20x returns.

Smart Money Movements

BitMine Immersion Technologies has increased its Ethereum holdings to over 2 million ETH, valued at $8.5 billion, reinforcing its position as the largest corporate Ethereum holder.

Michael Saylor's Strategy acquired 1,955 Bitcoin for $217.4 million, bringing its total holdings to 638,460 BTC, valued at approximately $47.2 billion.

Whale investor qianbaidu.ETH purchased $19.57 million worth of $HYPE tokens, acquiring 411,000 tokens at an average price of $47.6 each.

Antpool transferred 999 BTC, valued at $111 million, to an unknown wallet, highlighting significant movement in the Bitcoin mining sector.

Metaplanet acquired an additional 136 Bitcoins for $15.2 million, increasing its total holdings to 20,136 BTC, reflecting a STRONG investment in Bitcoin.

Events to Watch

September 8 (Monday)

September 8 (Monday)

September 9 (Tuesday)

September 9 (Tuesday)

September 10 (Wednesday)

III. Phemex Market Focus

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