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Quick Take Summary is AI generated, newsroom reviewed. XRP has entered the Top 100 Global Assets at $181.8B XRP trades at $3.05 showing strong annual growth and volume activity XRP has surpassed companies like Adobe, Pfizer, and Shopify in valuation ETF filings and Ripple’s U.S. banking license could boost XRP adoption Japan’s banks and RippleNet partners highlight growing global use of XRPReferences $XRP reenters the top 100 global assets by market cap.
Bitcoin ETFs saw $741M in inflows yesterday, marking the biggest surge in two months amid rising market optimism.Bullish Signals Amid Market VolatilityBitcoin ETFs Gaining Investor Trust
Dogecoin rises nearly 20% to $0.25 as CleanCore buys 500 million DOGE and the first US Dogecoin ETF, now expected next Thursday, drives institutional and retail interest in the meme cryptocurrency.
PUMP’s strong 40% rally shows clear buy-side strength, with bullish signals stacking and smart money support hinting at a retest of its all-time high.
In August, the US CPI rose by 0.4% month-on-month and increased to 2.9% year-on-year, with housing and food being the main drivers. Inflationary pressure is intensifying again. The full report is as follows.
MYX price surged 1,500% in a week before cooling at $17.60. Whales sold, exchanges filled, and RSI divergence flagged weakness. Still, rising Smart Money Index suggests the correction may be only a pullback.
- 12:09Fidelity: Data Indicates Bitcoin May Be Entering a Mature Phase Surpassing High-Risk AssetsChainCatcher reported that Fidelity Digital Assets posted on X, stating that the changing correlation between bitcoin and the 10-year U.S. Treasury yield suggests that bitcoin may be moving toward a mature stage that surpasses high-risk assets.
- 12:08Moody's: Due to uncertainty, the Bank of Japan will continue to stand patJinse Finance reported that Moody's analyst Stefan Angrick stated that the Bank of Japan will likely adopt a wait-and-see approach at next week's meeting. The economist noted that although better-than-expected GDP growth, persistent inflation, and renewed yen depreciation make a rate hike possible, policymakers may remain cautious amid domestic and international political uncertainties. The resignation of Japanese Prime Minister Shigeru Ishiba has disrupted policy prospects, and the overseas situation is not much better, with doubts about the US-Japan trade agreement still lingering. Meanwhile, Japan's exports and industrial output are weakening, and consumer spending is also shrinking. Angrick wrote, "Demand-driven inflation is not sufficient to justify a rate hike this month." This does not mean the Bank of Japan cannot raise rates, but given the unstable economic outlook, policymakers may want greater clarity.
- 11:50Analyst: Fed rate cuts will lead to continued weakness of the US dollarChainCatcher news, according to Golden Ten Data, analysts at Monex Europe stated in a report that even if the US dollar stabilizes before the weekend and Friday's economic data is light, the dollar may continue to weaken. They believe that the Federal Reserve seems likely to cut interest rates again on September 17 and begin a steady policy easing cycle, which will put the dollar on the defensive in the coming months. Data released on Thursday showed that initial jobless claims last week increased more than expected, while August inflation data was weaker than anticipated, prompting the market to increase bets on rate cuts.