Market Trends & Cryptocurrency Performance - Crypto majors experienced declines of 3-6% ahead of PCE data, with BTC at $110,000 [1] - ETH ETFs saw $39.1 million in net inflows, the lowest in 6 sessions, while BTC saw $178.9 million in net inflows [1] - JPMorgan suggests BTC is undervalued compared to gold due to record low volatility [1] - Memecoin leaders generally declined, including DOGE (-4%), Shiba (-3%), and PEPE (-4%) [1] Regulatory & Adoption - US Commerce Dept began publishing GDP data on blockchain with Chainlink and Pyth support [1] - CFTC clarified a path for offshore crypto venues to serve US users [1] - USDT is coming to Bitcoin via RGB layer-2, enabling native USD-stable transactions on BTC [1] Corporate & Investment Activities - Trump family's American Bitcoin plans to merge with Gryphon Digital Mining and IPO on the Nasdaq in September [1] - Tom Lee's BMNR has bought approximately 79,000 ETH this week, holding $775 million in cash [1] - Caliber adopted a Chainlink token treasury strategy, leading to a 150% stock increase [1] - Portal to Bitcoin raised $50 million to expand "Bitcoin-grade" cross-chain trading stack [2]
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TylerD 🧙♂️·2025-08-29 12:08