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🚨 JUST IN: $250,000,000 worth of cryptocurrency shorts liquidated in the past 4 hours.
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🇺🇸 NOW: Key takeaways from Powell’s FOMC press conference • Risks now tilt toward jobs, not just inflation • Labor supply is weakening with demand • Fed scraps flexible average inflation targeting • Stable inflation expectations no longer assumed • Signals possible rate cut in September
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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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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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“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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Bitcoin(BTC) Surpasses 116,000 USDT with a 2.59% Increase in 24 Hours
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Powell's Dovish Remarks Trigger Market Surge
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