ETF flows flip: Spot BTC ETFs saw $227 million in outflows yesterday, led by broad selling across eight funds, with IBIT being the only fund to see an inflow. ETH ETFs posted $167 million in net outflows, marking the fourth consecutive day of withdrawals.
Macro catalyst: Nonfarm Payrolls expected at 75k jobs with unemployment ticking up to 4.3%. Fed cut odds at the September meeting remain high, but stronger-than-expected data could pressure crypto.
BTC structure: Price keeps consolidating in the $104K - $116K air gap, with resistance at $114K - $116K, and support at $104K - $108K. Markets remain neutral but fragile, with breakouts likely to dictate the next trend.
ETH positioning: Exchange balances at 3-year low and validator demand strong with close to 1 million ETH waiting to be staked, but price remains capped at $4.4K. NFP print likely sets the direction.
Policy & regulation: SEC unveils new crypto rulebook proposals, while UK Treasury tightens AML rules. Global regulatory tone tilts toward clarity, with added compliance burdens.
The company's Q2 filing confirms what the CRO treasury cancellation signaled last week — the digital asset treasury strategy that once defined Trump Media's pivot is now the thing dragging on its balance sheet
Bitwise and Placeholder are reading three unrelated signals — a technical breakout, a volatility-yield divergence, and a BSC leverage frenzy — as the same warning about underpriced risk.
The regulator's annual report reiterates a plan first floated in May: converting India's ₹59 lakh crore corporate bond market into blockchain-settled tokens, integrated with the wholesale CBDC
