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Rate cut fever fading fast… Polymarket odds for a September cut now just 61%. 👀
Is Powell’s so-called dovish pivot already losing steam? 📉
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Crypto Attacks DAO
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😳 On Aug 19, 2025 a victim fell for a social engineering scam and lost 783 $BTC ($91M) after exchange and hardware wallet customer support were impersonated. The stolen funds began to peel off and deposits to Wasabi were made by the threat actor. 👇 Coincidentally this theft happened on the one year anniversary of the $243M Genesis Creditor theft. Theft txn hash da598f2a941ee3c249a3c11e5e171e186a08900012f6aad26e6d11b8e8816457 Theft address bc1qyxyk4qgyrkx4rjwsuevug04wahdk6uf95mqlej
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“A strong flash PMI reading for August adds to signs that US businesses have enjoyed a strong third quarter so far. The data are consistent with the economy expanding at a 2.5% annualized rate, up from the average 1.3% expansion seen over the first two quarters" - S&P PMI
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🇺🇸 U.S. S&P Flash PMI Report ‣ Services PMI: 55.4 (Est. 54.2, Prev. 55.7) ‣ Manufacturing PMI: 53.3 (Est. 49.7, Prev. 49.8) ‣ Composite PMI: 55.4 (Est. 53.5, Prev. 55.1)
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🇺🇸 FED'S SCHMID JUST SAID: - I AM NOT IN A HURRY TO CUT INTEREST RATES - MARKETS AND SPREADS ARE IN GOOD SHAPE; NEED DEFINITIVE DATA TO MOVE THE POLICY RATE
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China’s 🇨🇳 30-year bond yield hit 2.12%, the highest since December, as optimism over trade talks with the US and Beijing’s stimulus push drives a rotation into equities.
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