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Treasury’s Bessent urges Fed to weigh 50 bps rate cut in September
Treasury’s Bessent urges Fed to weigh 50 bps rate cut in September

Share link:In this post: Treasury Secretary Scott Bessent wants the Fed to consider a 50 basis-point rate cut in September after weak job growth revisions and mixed inflation data. U.S. stocks jumped as investors grew more confident that a deeper rate cut is coming next month. Bessent backed Stephen Miran’s Fed nomination, criticized the costly Fed renovation, and said the U.S. is close to major trade deals.

Cryptopolitan·2025/08/13 04:55
Cardano ETF Approval Odds Hit 80% for 2025 as Grayscale Sparks ADA Rally
Cardano ETF Approval Odds Hit 80% for 2025 as Grayscale Sparks ADA Rally

Polymarket now places the likelihood of a Cardano (ADA) ETF approval by the end of 2025 at 79%, a record high, as confidence continues to climb amid tangible regulatory progress.

BeInCrypto·2025/08/13 04:36
Bitcoin Faces Cooling Demand as US Buyers Pull Back
Bitcoin Faces Cooling Demand as US Buyers Pull Back

BTC cools after hitting a new high, with reduced U.S. demand and falling ETF inflows suggesting a potential price pullback.

BeInCrypto·2025/08/13 04:10
XRP Futures Open Interest on CME Hits 2025 High — What It Means for Price
XRP Futures Open Interest on CME Hits 2025 High — What It Means for Price

XRP climbs 10%, fueled by legal wins and institutional demand, with a potential breakout targeting $3.66.

BeInCrypto·2025/08/13 03:30
Breaking $4600, ETH is just 5% away from its new high and finally escaping the "Vitalik Effect."
Breaking $4600, ETH is just 5% away from its new high and finally escaping the "Vitalik Effect."

31-year-old Vitalik can finally stop worrying about the coin price and focus on thinking and researching.

BlockBeats·2025/08/13 03:15
Stellar Sets New Records in August—Is Now the Time to Watch XLM Price?
Stellar Sets New Records in August—Is Now the Time to Watch XLM Price?

In August 2025, Stellar (XLM) broke records in TVL, user adoption, and exchange supply. These milestones highlight both growth potential and looming market risks.

BeInCrypto·2025/08/13 02:36
Grayscale Files For HBAR ETF in Delaware: Price Recovery Ahead? 
Grayscale Files For HBAR ETF in Delaware: Price Recovery Ahead? 

HBAR traders react to Grayscale’s ETF filing with optimism, but resistance at $0.27 could determine whether a recovery continues.

BeInCrypto·2025/08/13 02:00
Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market
Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market

Polkadot could be the overlooked “dark horse” of this cycle, with strong staking metrics, bullish technical patterns, and potential catalysts on the horizon. However, lasting growth depends on expanding real-world adoption and ecosystem use.

BeInCrypto·2025/08/13 01:40
Flash
00:44
Huatai Securities: The strong growth in South Korea's exports indicates that the global AI supply chain trade remains on an upward trajectory, and the Asian AI supply chain is expected to continue benefiting.
Golden Ten Data reported on July 6 that a research report from Huatai Securities indicated that the high prosperity of AI supply chain exports continued to drive South Korea's June exports to far exceed expectations, with the trade surplus reaching a new historical high. Looking ahead, leading indicators show that AI supply chain trade remains in strong growth, and South Korea's exports are expected to maintain their outstanding performance, possibly supporting a relatively high growth rate for South Korea's nominal GDP. In the short term, the Philadelphia Semiconductor Index, which leads South Korean semiconductor exports by about four months, remains at a high year-on-year level, suggesting that the boom in South Korean semiconductor exports is likely to continue. Meanwhile, amid strong AI demand, memory prices are still rising and will continue to support nominal exports. The high growth of South Korean exports indicates that global AI supply chain trade is still on an upward trajectory, with South Korea, China, and other Asian AI supply chains likely to continue benefiting.
00:39
A wallet associated with Abraxas Capital deposited $2 million into Hyperliquid and holds a large short position.
According to monitoring by Onchain Lens, a wallet associated with Abraxas Capital, which has accumulated profits of 173.75 million USD on Hyperliquid, deposited 2 million USD into Hyperliquid. The account currently holds positions worth 35.92 million USD, 98.5% of which are short positions. Its largest positions include: 5x HYPE short (20.51 million USD, unrealized loss of 3.95 million USD), 10x SOL short (6.76 million USD, unrealized loss of 72 thousand USD), 4x GOLD short (5.44 million USD, unrealized gain of 184 thousand USD), and 5x FARTCOIN short (2.04 million USD, unrealized gain of 1.06 million USD). The current outstanding positions have an unrealized loss of 2.55 million USD, and a funding rate income of 9.87 million USD has been earned.
00:36
Garrett Jin has increased his short position on ZEC, with the current position valued at approximately $15.08 million.
BlockBeats News, July 6, according to EmberCN's monitoring, Garrett Jin, who established a ZEC short position 9 days ago, increased his position again 1 hour ago. He currently holds a ZEC short position worth approximately $15.08 million, with an average entry price of $444 and a current unrealized loss of approximately $530,000. This whale has realized profits in two previous ZEC trades: in late May, he established a ZEC short position worth approximately $36 million near $626. Subsequently, due to a ZEC vulnerability incident causing a significant price drop, he closed the position in early June with a profit of approximately $11.24 million. He then established a ZEC long position worth approximately $22 million near $439 and closed it around $447, resulting in a profit of about $420,000. Furthermore, with Bitcoin rebounding by over $5,000 in recent days, his long-held BTC long position's unrealized loss has narrowed from around $23 million to about $16 million.
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