🚨🚨 JUST IN : #FTX💰 will sell 22.3 million $WLD tokens at a discount of up to 75%.
The bankrupt crypto exchange FTX plans to auction 22.3 million #WLD tokens (almost $38 million) at a discount of 40% to 75%, according to media reports.
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U.S. CPI data will be released today at 6.00 PM ( IST ) 12.30 PM UTC . This data is key for the Fed’s next move. The current expectation is for a small rate cut of 25bps at next week’s meeting (September 18). However, if the data is very positive, a 50bps rate cut isn't entirely off the table.
In my view, if the data is favorable, the market will likely start pricing in more rate cuts for Q4 2024 and early 2025.
🚨 LATEST: Bitcoin Spot ETFs saw another significant outflows on Sept 6 with a total outflow of $170.0M across major providers.
• Fidelity FBTC led the outflows, shedding $85.5 million. • Grayscale GBTC wasn’t far behind seeing $52.9 million in outflows. • Bitwise BITB also saw notable outflows of $14.3 million.