1⃣ $BTC, $ETH, and $SOL continue to trade sideways.
But:
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$BTC reclaimed the 120-day EMA
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$ETH reclaimed the 30-day EMA
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$SOL remains the strongest, well above its 30-day EMA.
2⃣ Trump under fire!
$WLFI hit a low of $0.16, now at $0.184B FDV.
Meanwhile, American Bitcoin (his family’s linked stock) tanked over 20% last night.
3⃣ Will Trump retaliate against Justin Sun?
His wallet got blacklisted by WLFI after allegedly transferring 50M tokens.
Currently holds 545M unlocked & 2.4B locked WLFI.
Sun responded: “just test deposits.”
Machi Big Brother opened 5x long.
4⃣ Out of nowhere: Pokémon card game pumps 10x in 2 days!
Token $CARDS now at $385M market cap, though it pulled back 18% in 24h.
5⃣ $PUMP surging again — two weeks of gains.
Market cap back to $4.2B. Why? Team confirmed buybacks + regained dominant market share.
6⃣ ETH PoS stats turning positive:
ETH queued to enter the staking network has now surpassed ETH queued to exit.
7⃣ Over 61% of $MKR already converted to $SKY.
Reminder: The penalty for late conversion will be voted on Sept 18.
If passed, it takes effect Sept 22.
8⃣ New chain to watch:
Tempo, a payment L1 incubated by Stripe & Paradigm, just launched its private testnet.
Big TradFi vibes here.
9⃣ BTC ETF saw $358M outflows yesterday (excluding BlackRock data).
ETH ETF outflows reached $316M. That’s heavy.
🔟 Nasdaq warns that crypto treasury firms may mislead investors — tighter scrutiny underway.
Crypto treasury stocks dropped sharply.
🔟1⃣ US August ADP jobs data missed expectations.
Traders now pricing in Sept rate cut.
Tom Lee: “Fed might cut in Sept, stocks to rebound sharply.”
