🚀 Crypto & Macro Market Digest - August 2024 🚀


🔥 Top 5 Headlines
1️⃣ Trump Media’s Bitcoin Bet: Reports $2B BTC treasury amid first profitable quarter
2️⃣ Metaplanet’s BTC Spree: Adds 463 BTC ($53.7M), now holds 17,595 BTC
3️⃣ TradFi’s Blockchain Push: Citi, JPMorgan, Goldman lead $100M+ in 345 deals (2020-2024)
4️⃣ Fed Rate Cut Signal: Goldman predicts three consecutive cuts starting September
5️⃣ White House Crackdown: EO coming to penalize banks discriminating against crypto firms

💼 Institutional Moves
Bitmine’s ETH Dominance: Now holds 833K ETH ($2.9B)

Verb Tech’s $TON Play: Raising $558M for first listed TON strategy firm

Chainlink’s RWA Push: Launches real-time US equity/ETF data for 37 blockchains

⚖️ Regulation & Policy
✅ CFTC “Crypto Sprint”: Implements Trump admin’s crypto recommendations
✅ Cardano Treasury Vote: 73.93% approve $71M for core development
⚠️ ECB’s Digital Euro: Will complement cash, not replace it

💡 Why This Matters
1️⃣ Corporate BTC Accumulation: Trump Media + Metaplanet = ongoing supply squeeze
2️⃣ TradFi Adoption: Major banks doubling down on blockchain
3️⃣ Regulatory Shift: CFTC/SEC collaboration + anti-debanking push

📌 Key Trends to Watch:

$ENA Unlock: $101.87M tokens hitting markets this week

Fed Rate Cuts: Potential crypto liquidity boost

RWA Growth: Chainlink’s data feeds for tokenized assets
TRUMP4.38%
BTC2%
IN1.21%
HOUSE24.05%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)