🔥🔥🔥 Market Brief Wednesday - 13/08

+ US stocks hit a new record, BTC slightly up to $119K, ETH surpasses $4K6 - just 5% off the previous peak [CT]

+ Trump continues to urge the Fed to cut interest rates and threatens to sue Fed Chairman Powell [CT]

+ US CPI inflation index for July increased as expected - the expectation for the Fed to cut rates in September rises to 94.2% [CT]

📝 ETF Spot session 12/08 [CT]

+ BTC positive +$66.3M, BlackRock alone brought in +$111.3M, fifth consecutive positive session

+ ETH positive +$523.4M, BlackRock brought in +$318.2M, sixth consecutive positive session

+ SOL positive +$5.2M from REX-Osprey

+ Kazakhstan🇰🇿 launches the first Bitcoin spot ETF fund in Central Asia, trading from today on the AIX exchange with USD pricing [CT]

+ Ethereum Foundation sold 2,795 ETH ~$12.7M at $ETH close to $4,600 [CT]

+ Do Kwon receives 2 charges in the latest trial, sentenced to no more than 12 years and fined over $19M [CT]

+ Price of $WCT rises over 25% as Coinbase adds this token to its listing roadmap [CT]

+ Developer of $BSD on Base rug pulled, withdrawing liquidity causing the price to plummet 99% from a market cap peak of $50 million down to $260,000 [CT]

+ ETHZilla (formerly 180 Life Sciences) announces it has accumulated 82,186 ETH ~$349M, currently holding $238M in cash for further purchases [CT]

+ BitMine announces plans to sell shares to raise an additional $20B to accumulate ETH, currently holding 1.15M ETH ~5.2B [CT]

+ Pantera Fund invests over $300M in crypto treasury companies (BitMine, Twenty One Capital, DeFi Dev,…) to increase the value of tokens per share [CT]

🪂 Airdrop

+ 10th Anniversary Campaign of Etherscan - Etherscan Points [CT]

+ Update Airdrop ChainOpera - Preparing to launch Season 3 [CT]

#DeFiGetsGraded $ETH