📢Macro
⚫️The #NASDAQ index has increased by 1% to 16.4k, while gold prices have dropped by 1% to 2435.
⚫️The Bank of Japan has decided not to raise interest rates due to ongoing market instability.
⚫️U.S. stock futures are on the rise as global markets begin to recover.
⚫️The U.S. Treasury is starting to buy back $50 billion worth of bonds.
💰 Crypto
⚫️#Bitcoin is up 5% at $57.5k, Ethereum has increased by 3% to $2535, and Solana has jumped 10% to $153.
⚫️The cryptocurrencies with the most significant gains include WIF, FLOKI, SUI, BONK, and SOL.
⚫️The Solana/Ethereum ratio has reached an all-time high, breaking through significant resistance levels.
⚫️Bitcoin whales have purchased $23 billion worth of Bitcoin in the past month.
⚫️Bitcoin's price volatility is at a 20-month high.
⚫️NASDAQ and #BlackRock have requested permission to list Ethereum options.
⚫️A new Ethereum layer-2 solution is being created every 19 days.
⚫️Jump Trading is continuing to sell off its Ethereum holdings.
⚫️Tether has issued an additional $250 million on the Solana blockchain.
⚫️Decentralized finance revenues are surging, with AAVE generating $6 million in just one day.
⚫️HyperLiquid has seen a record trading volume of $4.3 billion.
⚫️Binance has recorded $1.2 billion in inflows, the largest of the year.
⚫️Most coins launched on Binance's platform are currently performing poorly.
⚫️Vice President #Kamala Harris has rescheduled her meeting with cryptocurrency leaders.
🌟 Web3 & NFT
⚫️Currently trending cryptocurrencies in niche markets include wDOG, GINNAN, NEIRO, and MUMU.
⚫️The most talked-about NFT collections are NodeMonkes, Puppets, and DeGods.
⚫️Memecoins are leading the recovery in the top 500 cryptocurrencies.
⚫️Memecoins are one of the few sectors that have increased in value this year.
⚫️Magic Eden has teased the upcoming release of their own token, ME.
⚫️#Polymarket trading volume crossed $100 million in August.