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@EthenaLabs has withdrawn its bid to issue Hyperliquid’s USDH stablecoin, citing community feedback. Traders on Polymarket favor Native Markets with 91% odds for the validator vote. #Update #Crypto $USDC
XRP whales sold 40M coins amid ETF anticipation, maintaining negative sentiment. The SEC delayed the Franklin Templeton XRP ETF, impacting trading volume and price stability at $3.05. #Update #Crypto $XRP
Fidelity’s $SOL ETF, Canary’s $XRP and $HBAR ETFs listed on DTCC; experts note SEC approval still pending. $XRP and $SOL have 95% approval odds, HBAR at 90%. #Update #Crypto $SOL $XRP $HBAR
Dogecoin ($DOGE) leads the crypto market rally with a 20% rise from last week’s lows, boosted by the upcoming Rex-Osprey DOGE ETF launch on September 12, driving bullish sentiment. #Update #Crypto $DOGE
Veteran trader Peter Brandt suggests the Bitcoin bull cycle may peak this month, while analyst JDK indicates a potential October-November window. Rate cuts from the Fed may not boost BTC prices as historical patterns show declines post-rate cuts. #Update #Crypto $BTC
@Coinbase urges a federal court to sanction the SEC for failing to provide records, including deleted texts from former Chair Gary Gensler, impacting public trust and crypto policy review. #Update #Legal $ETH
Ethereum ($ETH) whales purchased $204M worth of ETH, pushing its price above $4,400 amid strong institutional demand. Spot ETFs attracted $171M inflows today. #Update #Crypto $ETH
@BlackRock plans to tokenize exchange-traded funds on the blockchain following its Bitcoin ETF success, exploring ties to real-world assets as Wall Street embraces tokenization. #Update #Crypto $BTC
Bitcoin and Ethereum surged after weak US jobs data, with over $4 billion in options expiring soon. BTC trades near $114K, while ETH is at $4,430. #Update #Crypto $BTC $ETH
$SOL climbs to $227.31 after @ForwardIndustries secures $1.65B for a Solana treasury, signaling strong institutional confidence in the ecosystem. #Update #Crypto $SOL
The U.S. CPI data for August is expected to show a 0.3% increase, with Bitcoin trading above $114K, signaling potential upward momentum if inflation comes in lower than anticipated. #Update #Crypto $BTC
@AvalancheFndtn is raising $1B to launch U.S. treasury-focused firms, aiming to buy millions of $AVAX tokens at a discount, boosting institutional interest and price by 8% in 24 hours. #Update #Crypto $AVAX
@Bitmine purchased 46,255 $ETH for $200.43M, increasing total holdings to 2.12M $ETH as price rises to $4,411 after US PPI data showed inflation cooling. #Update #Crypto $ETH
$BNB hits a new all-time high above $904, fueled by @Binance’s partnership with Franklin Templeton and CEA Industries’ $26M BNB accumulation. Price could rally to $1,400. #Update #Crypto $BNB
