Riot Platforms transfers 119.63 BTC to NYDIG Custody
Riot Platforms' Foundry Digital mining pool wallet transferred 119.63 BTC worth approximately $9.3 million to NYDIG Custody.
Riot Platforms' Foundry Digital mining pool wallet transferred 119.63 BTC worth approximately $9.3 million to NYDIG Custody.
The QCP report states that the market has basically digested the expectation of a 25 basis point interest rate hike by the Federal Reserve, and the focus will shift to policy guidance in the future. The US CPI rose 3.4% year-on-year in August, with Bitcoin prices fluctuating between $76700 and $77600, and Ethereum remaining around $2500. Last week, the net outflow of spot Bitcoin ETFs was $462.7 million, which slowed down to $13.2 million on Friday, lower than Thursday's $282.7 million; The spot Ethereum ETF had a net inflow of $196.9 million, with a daily net inflow of $216.4 million on Friday. BTC resistance level ranges from $80000 to $82000, support level ranges from $75000 to $76000; ETH resistance level is between $2500 and $2550, support level is between $2400 and $2425, and secondary support level is between $2300 and $2350. The Senate will hold a procedural vote on the CLARITY Act on September 15th. (Source: Federal Reserve) AI interpretation: The CPI data this time is significantly higher than market expectations, directly breaking the illusion of rapid inflation decline. Inflation stickiness not only delays the time window for interest rate cuts, but also forces the market to reassess the duration of tightening policies. This data highlights the necessity for the Federal Reserve to maintain high interest rates to suppress prices, posing direct valuation pressure on risk assets. The market pricing logic has shifted from the expectation of interest rate cuts to long-term adaptation to high interest rate environments.
[A Whale Withdraws 100,000 SOL from Binance and Transfers to Coinbase] A whale address 9PKFq...w7nJ withdrew 100,000 SOL, valued at $10.2 million, from Binance and transferred all the funds to Coinbase.
Bitcoin rose 1.9% since midnight UTC while Nasdaq 100 index futures fell 1.65% on calls to slow AI development and crude gained almost 4% on a Saudi pipeline closure.
According to a Reuters survey, 85% of economists expect the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reaching 3.75% -4.00%. Nearly 53% of forecasters expect at least one more rate hike by the end of March next year. (Source: Reuters) AI interpretation: The Federal Reserve has forcefully suppressed inflation through continuous interest rate hikes, and the tightening cycle of monetary policy has entered a deep water zone. The market's expectations for peak interest rates continue to rise, reflecting institutions' high vigilance towards the stubbornness of inflation. The high interest rate environment directly drives up the financing costs of enterprises, thereby forming substantial constraints on the expansion of the real economy. This aggressive tightening path clarifies the Federal Reserve's policy stance of prioritizing the fight against inflation, and in the short term, financial market liquidity will continue to be under pressure.
According to the PRO main order list, the total transaction data of BTC and ETH main players in the past 24 hours is as follows: BTC: Accumulated transaction volume of 970 million US dollars, of which 468 million US dollars were bought and 502 million US dollars were sold, with a transaction difference of -3.386 million US dollars ETH: Accumulated transaction volume of 1.432 billion US dollars, of which 685 million US dollars were bought and 747 million US dollars were sold, with a transaction difference of -62.44 million US dollars The latest data shows that the main players still have a layout in key price points: the net pending difference of BTC is 719 million US dollars; The net spread of ETH pending orders is $293 million. The main pending orders may withdraw or close at any time, and non PRO versions of the K-line cannot see its changes in real time. The PRO 'Main Large Order Tracking' indicator monitors every large pending order in real-time, helping you determine if this' wall 'is still there. Note: If the difference between pending orders is positive, it indicates that the main force is placing more limit orders than sell orders on the currency, and there are active takeover orders below the current price; If it is negative, the opposite is true, as there is a reserve of selling pressure above. The data is for reference only and does not constitute any investment advice.