🚨 Last Night’s Crypto Highlights — Catch up fast:👇
1⃣ Trump met with Zelensky and EU leaders — a US-Russia-Ukraine trilateral summit is next. Crypto saw a small rebound but remained weak. US stock indices ended flat; crypto stocks were mixed.
2⃣ ETH reserve race continues! BMNR now holds 1.26% of circulating ETH. Across 69 companies, ETH holdings represent 3.38% of total supply. ETFs hold about 5.42% of ETH's circulating supply.
3⃣ Binance listing ≠ pump anymore? RWA token #PLUME debuted on Binance spot market at $0.092, now at ~$920M market cap — it has erased all gains post-announcement.
4⃣ Solana MEME season comeback? #LIGHT hits $100M market cap ATH. Despite new “golden dog” memecoins, overall hype remains muted.
5⃣ BONK fading? #PUMP regains >80% market share in launcher volume. Still hovering around $3.1B market cap, slightly down with broader market pullback.
6⃣ SEC delays decisions on multiple crypto ETFs, including #BTC, #ETH, #LTC, and #XRP. Next updates expected mid-to-late October.
7⃣ Pendle hits record $9.2B TVL. #PENDLE hovers around $1.5B market cap.
8⃣ Crypto to back US Treasuries? US Treasury Sec. says stablecoins will expand global USD usage and boost demand for U.S. debt.
9⃣ Another crypto stock incoming: Gemini is reportedly planning to go public. H1 revenue: $68.61M; net loss: $282M.
🔟 AI Market Breakdown:
- BTC trades in the $115,000–$116,000 range with fierce short-term long/short battles; capital flows show clear divergence.
- ETH under pressure short-term, but whale long positions remain active. Leverage is high on both sides; sentiment remains cautious.
- Altcoins underperform; capital flow is mainly into major coins.
- Macro backdrop: Market watching Fed rate-cut signals and Powell's upcoming Jackson Hole speech for direction.
