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Share link:In this post: Santiment has stated that the increase in social media chatter surrounding the Fed and interest rates could pose risks to digital assets. More than 75% of market participants are predicting a rate cut in September after Powell’s speech. Analysts are divided over the short and long-term effects on digital assets if a rate cut happens in September.
Share link:In this post: LayerZero announced its acquisition of Stargate Finance in a $120 million deal. The deal will bring Stargate under LayerZero’s ecosystem, with ZRO becoming the sole token. ZRO and STG are down today despite the deal, as holders hope for a resurgence.
Share link:In this post: Emerging markets are projected to outperform developed economies due to looser U.S. monetary policy, tighter fiscal control in EMs, and increasing investor flows. Fed rate cut expectations are boosting EM appeal, with funds like iShares Core MSCI EM ETF attracting billions since April. Strong fundamentals support EM assets, including lower inflation surprises, attractive equity valuations, and selective currency strength like the Brazilian real.
- 16:44An address increased its holdings by over 720,000 ASTER at an average price of $1.51.According to ChainCatcher, monitored by Lookonchain, the address 0x6386 withdrew 1.1 million USDC from Hyperliquid and deposited it into Aster, subsequently purchasing 726,296 ASTER (approximately 1.1 million USD).
- 16:33UAE signs agreement to adopt Crypto-Asset Reporting Framework, plans to exchange crypto tax information in 2028Foresight News reported that the Ministry of Finance of the United Arab Emirates has announced the signing of the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF). The UAE's CARF is scheduled to be implemented in 2027, with the first information exchange expected in 2028. This framework establishes an automatic exchange mechanism for tax-related information on crypto-asset activities, ensuring that the UAE maintains global tax transparency principles while providing certainty and clarity for the crypto-asset sector. The public consultation for CARF will begin on September 15, 2025, and will last for eight weeks until November 8, 2025.
- 16:33A trader closed a Bitcoin short position with a profit of $815,500 and immediately switched to a long position.Foresight News reported, according to monitoring by Lookonchain, a trader with the address starting with 0x960B has just closed their bitcoin short position, making a profit of $815,500. The trader then immediately switched to a long position, which has already yielded an unrealized profit of over $141,000.