🔥🔥🔥 Market Brief Monday - 04/08

+ BTC returns to the range of $114K - $115K, altcoins also recover slightly

+ TT Trump will soon announce the name to fill the position of FED Governor Kugler - who will resign on 8/8 [CT]

+ Arkham discovers a wallet containing 127,426 BTC (~$14.6B) from the 2020 Lubian Chinese mining hack that has not been moved to this day [CT]

+ The far-right National Party of France is drafting a bill to utilize surplus electricity from nuclear plants for Bitcoin mining [CT]

+ Saylor continues to reveal plans to accumulate more BTC, Strategy currently holds 628,791 BTC ~$72.2B [CT]

+ JD and Ant Group may not participate in the initial stablecoin licensing in Hong Kong due to excessively strict user identity verification requirements [CT]

🗓 Event Schedule

+ 21:00 05/08: US announces Purchasing Managers' Index

US services PMI (forecast = 51.5, previous = 50.8)

+ 18:00 07/08: Bank of England (BoE) announces interest rate

+ 19:30 07/08: Weekly initial jobless claims in the US (Expected: 221K; Previous: 218K)

🔓Token unlock [CT]

+ 05/08: Ethena unlocks 171.88M $ENA (2.70% circulating supply), worth $102.4M

+ 08/08: Immutable unlocks 24.52M $IMX (1.30% circulating supply), worth $12.35M

+ 09/08: Move unlocks 50M $MOVE (1.89% circulating supply), worth $6.5M

+ 11/08: Solayer unlocks 27.02M $LAYER (12.87% circulating supply), worth $16.29M

🪂 Airdrop

+ Glider update - Partnership with Ondo Finance, updating point mechanism [CT]

+ Summary of airdrops for the first week of August 2025 [CT]

#Write2Earn $BTC