@All members

Nine Brother Morning News Share / August 15

1. Market Trends

BTC plummeted, altcoins fell broadly. Market focus revolves around ETH.

U.S. stocks fell, stablecoin Circle dropped significantly. July PPI industrial inflation was too high, and the market expects only a 25 basis point rate cut in September.

2. Market Highlights

1. The stablecoin public chain TRX performed strongly, with Bloomberg reporting that Sun Yuchen holds 63% of TRX, having a high degree of control.

2. The FOMO sentiment for WLFI has emerged. The off-market price is close to $0.3, and Sun Yuchen previously bought $45 million at an average price of about $0.01125.

3. The SEC postponed its decision on the Bitwise Solana ETF and 21Shares Core Solana ETF, with the new deadline set for October 16.

4. ADA briefly touched 1U, gaining popularity, possibly due to institutional accumulation and the RWA narrative igniting market enthusiasm.