According to Odaily, market reports indicate that the United States recorded a trade deficit of $78.8 billion in July. This figure slightly exceeded the expected deficit of $79.0 billion. The previous value was revised from $73.1 billion to $73.0 billion.The July trade deficit marks the largest since June 2022, highlighting ongoing economic challenges. The data reflects the balance between the country's imports and exports, with a higher deficit indicating that the value of imports continues to surpass that of exports. This trend can have significant implications for the overall economic health and policy decisions.The trade deficit is a critical economic indicator, often influencing currency values, trade policies, and international relations. Analysts and policymakers closely monitor these figures to assess economic performance and make informed decisions. The latest data underscores the importance of addressing trade imbalances to foster a more stable economic environment.

Next Week in Crypto: Key Events to Watch (Jan 6th - Jan 12th, 2025) 🗓

Next week brings a suite of significant events that could impact the markets. From notable token unlocks to important US economic data, here’s what to keep on your radar:

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🔐 Token Unlocks
#tokenunlocks
- January 6 – KAS Unlock

Kaspa (KAS) will unlock 182.23 million tokens, valued at approximately $23 million, representing 0.72% of its circulating supply.

- January 9 – MOVE Unlock

Movement (MOVE) will unlock 50 million tokens, worth approximately $50 million, representing 2.22% of its circulating supply.

- January 11 – APT Unlock

Aptos (APT) will unlock 11.31 million tokens, worth approximately $110 million, representing 2.03% of its circulating supply.

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📊 Key U.S. Economic Data Releases

- January 7 — JOLTS job openings
- January 10 — Non Farm Payrolls
- January 10 — Unemployment Rate
#USDataImpact
Next week is all about jobs data, with three important reports that will play a role in determining the Fed’s next rate decision. According to the CME FedWatch Tool, markets are split on the odds of a 25 basis-point rate cut or a pause in March, while also strongly favoring a pause at the January meeting.

First up is the JOLTS Job Openings report on January 7, which measures labour market tightness. A higher reading could indicate strong demand for workers, reducing the likelihood of a March rate cut. Conversely, a decline in job openings may suggest easing labour market pressures, supporting the case for monetary easing.

On January 10, the Non-Farm Payrolls and Unemployment Rate reports will offer deeper insights into the health of the job market. Strong payroll numbers or a steady unemployment rate would point to continued economic resilience, potentially reinforcing a pause in rate cuts for March—a scenario that could weigh on markets. However, weaker job growth or a rise in unemployment could signal softening conditions, increasing the likelihood of a March rate cut, which would likely be viewed as bullish for markets.

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That’s all for next week’s key events! Keep an eye on these developments, and we’ll be back next week with more updates. #Crypto2025Trands #CryptoAMA #followers

GRASS Airdrop Enters Final Phase: How to Claim the GRASS Token Airdrop 🎉
Grass is gearing up for its inaugural airdrop, marking the start of its mission to decentralize the internet and return control to users.
What is Grass?
Grass is a unique platform that allows users to earn passive income by selling unused bandwidth without sacrificing privacy. It partners with trusted companies, allowing them to utilize this idle bandwidth, making it a promising revenue opportunity. Grass is built on Solana and aims to become the first Layer 2 Data Rollup capable of processing 1 million transactions per second.
The Grass Foundation
The Grass Foundation was created to support contributors by allocating resources for a decentralized and sustainable future within the Grass ecosystem.
Grass Airdrop Allocation and Details
Currently, the airdrop claim tool reflects rewards for Closed Alpha and Epochs 1-7. Future allocations, including the Bonus Epoch, are not yet displayed. The GRASS token has a total supply of 1 billion, with 10% reserved for the airdrop.
Closed Alpha: 1.5%
Epochs 1-7: 7%
Bonus Epoch: 0.5%
Upcoming Allocation: 1%
The claim portal is not yet live, but once the project announces its activation, users will be able to check their rewards and claim their tokens.
How to Claim the GRASS Airdrop
1. Visit the official Grass Foundation website at (https://www.grassfoundation.io/connect).
2. Connect your cryptocurrency wallet to the platform.
3. If you qualify for the airdrop, your token allocation will be displayed.
4. You can view detailed activities for each epoch and track your rewards.
Currently, redemption rates have shown considerable variation between wallets, influenced by factors like participation timing and the quality of activities. The community is eagerly waiting for further announcements regarding the exact airdrop criteria and timing.
Community members are eagerly awaiting the TGE, marking the next big step for the Grass ecosystem.
Grass Token Listing: Anticipation and Market Buzz
Following the airdrop, the GRASS token is expected to be listed on major exchanges, potentially as early as Q4 2024. Backed by $4.5 million from investors, including Polychain Capital, Grass is poised for a significant debut in the crypto market. The listing is likely to generate strong interest from both retail and institutional investors.

#USDataImpact #NFPWatch #TON #DOGSONBINANCE #BNBChainMemecoins

The primary token for the Polygon ecosystem is now POL after the ecosystem migration from MATIC went live on mainnet.
The long-awaited migration of MATIC to POL has finally gone live as earlier scheduled by the Polygon team. The Layer-2 protocol announced the milestone on X. It noted that its teams spent a whole year of community-led discussions and consensus regarding the migration.
The Polygon Hyperproductive POL Token
On July 18, Polygon Labs made an official announcement stating that the MATIC to POL upgrade will go live on September 4. The team completed the community-driven upgrade today. Following the successful migration, every transaction on Polygon Proof-of-Stake (PoS) will use the hyperproductive POL token as the native gas and staking token.
The Ethereum L2 noted that the token transcends beyond just a ticker change. Instead POL was described as a technical upgrade that sets the stage for the ecosystem’s future as an aggregated network. Apart from its utility for gas, POL can be used to fuel the grants ecosystem and community Treasury.
Similarly, the blockchain may utilize it for validator rewards or even as payment for governance fee.
As it revealed, it could also play a role in providing network security for services such as sequencing, ZK proof generation, participation in DACs and more. It is worth noting that all these potential utilities are subject to community consensus. Polygon has always made it clear that subsequent expansion of POL’s functionality, especially within the AggLayer, depends on the community consensus.
The Deal for Investors
MATIC investors are not under any pressure to migrate to the new gas token immediately. Significantly, the introduction of POL is designed to strengthen the infrastructure of the entire L2 ecosystem. It has different roles to play across various blockchains within the network with the aim of improving the network.
As a result, investors are likely to experience enhanced utilities to get the best of the new protocol. In the long run, Polygon could become one of the top Ethereum L2s with a sizeable market share.
The migration has received support from some of the biggest names in the crypto ecosystem. Last week, Binance announced its support for the migration. The exchange said it will delist all MATIC spot trading pairs on September 10, 2024, at 03:00 UTC, including pairs like MATIC/BNB, MATIC/BTC, and MATIC/USDT.
Coinbase also hinted at plans to support POL on both Polygon and Ethereum network.

#USDataImpact #NFPWatch #CryptoMarketMoves #PowellAtJacksonHole #LowestCPI2021 $MATIC

🌱 GRASS Token Price Prediction: The Future of GRASS
What is GRASS?
GRASS, developed by Wynd Network, aims to transform the decentralized AI Oracle space 🌐 by providing datasets through Web Scraping. This innovative approach positions GRASS as a key player in AI-driven blockchain solutions.
📉 Price Movements of GRASS Token & Grass Points
Currently, Grass Points are priced at 0.000139 USD, down 42.8% from their peak of 0.000789 USD in June. The token has seen volatility, with a 24-hour trading volume of 27,112 USD and a total of 3.09 million USD. Recent buy price: 0 USD. Latest sell price: 0.0006 USD.
📊 Community Predictions
Predictions for GRASS vary:
Some predict the token could rise to 0.5 USD 🌟Optimists hope for 2.2 - 2.5 USD 💰Influential investor Jussy.Sol forecasts a more cautious 0.00102 USD 🧐
🎁 Grass Airdrop Rewards
Grass Points are earned through network participation and can be converted into GRASS tokens. Examples:
User “nxxn” converted 1.3 million points into 66 tokensUser “punk828” earned 248 tokens for 600,000 points
🚀 New Developments & Growth Potential
GRASS recently announced plans to become the first Layer 2 Data Rollup built on Solana, boosting excitement 🌟. With over 900K users in beta, the project shows great growth potential.
#USDataImpact #NFPWatch #TON #DOGSONBINANCE #TelegramCEO