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Jeanna Beyt m7HT
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💥BREAKING:
🇺🇸 GDP Q2:
EXPECTED: 3.0%
ACTUAL: 3.3%
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Jeanna Beyt m7HT
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Since 2023, the Treasury has favored short-term bills over long bonds. This “stealth QE” pumps hidden liquidity into the system, offsetting FED tightening. More liquidity = bullish for Bitcoin and Risk assets!
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21Shares filed an S-1 to launch a passive 21Shares SEI ETF tracking the CF SEI-Dollar index. Coinbase Custody is named custodian. The fund may reflect SEI staking rewards only if legal and tax risks are cleared and regulators permit. SEC scrutiny is expected after prior ETH staking delays. SEI rose 3.33% to $0.30 (market cap ~$1.82B). Technicals show support near $0.29. Investors should manage risk.
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Binance founder Changpeng Zhao said at Bitcoin Asia BTC is shifting from speculation to a global reserve currency. He argued that early state adoption will prompt others to follow. After Trump's 2024 return, the US moved to add Bitcoin to strategic reserves, pushing BTC near $90,000. Countries and US states like Kyrgyzstan and Texas are exploring BTC reserves.
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Market: cautious optimism; BTC and ETH flat. Solana >$200, eyeing $300 amid US Treasury fund rumors. Tom Lee: ETH $60,000 in 5 years; possible double this year. WLFI +50% from lows; launches on Ethereum Sept 1. Chainlink and Pyth rally as US Commerce plans macro data on-chain. 1.075M ETH queued to withdraw; 730K queued to stake. Outlook: cautious bullish, awaiting catalysts.
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Altseason index hits 61. We're about to get rich!
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U.S. Stock Market Decline Continues Amid Consumer Confidence Drop
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