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Despite rate cuts being widely expected, markets dropped—proving it's already priced in. Is this a classic "sell the news" moment?Market Knew About Rate Cuts—So Why the Drop?“Sell the News” in Full EffectWhat Comes After the Rate Cut?
Ethereum exchange reserves are dropping fast, suggesting rising accumulation and reduced sell pressure.Ethereum Exchange Reserves Falling FastWhat This Means for Ethereum’s Price ActionAccumulation Phase or Major Move Incoming?
A golden cross just appeared on a key altseason chart—could this be the start of a massive altcoin rally?Technical Breakout: Golden Cross Signals Altcoin SurgeWhy This Matters for AltcoinsAltseason Incoming? Watch This Space
- 10:28Bitget launches the 44th On-Chain Trading Competition, trade to unlock 20,000 BGBChainCatcher News, according to the official announcement, Bitget's 44th On-chain Trading Competition is about to begin, with a total prize pool of 20,000 BGB. During the event, users who trade USELESS, neet, and EGL1 tokens and rank among the top 770 in cumulative on-chain trading volume will receive a BGB airdrop reward ranging from 20 to 200 BGB. The event period is from September 1, 19:00:00 to September 4, 18:59:59 (UTC+8). In addition, on-chain trading has launched the Solana ecosystem MEME tokens EMULITES and USDUT. Users can start trading directly in the on-chain trading section.
- 10:17Nominee for Chairman of South Korea's FSC: Cryptocurrencies Lack Intrinsic ValueJinse Finance reported that Lee Eog-weon, the nominee for chairman of the Korean Financial Services Commission (FSC), stated in a written response at the confirmation hearing that cryptocurrencies lack intrinsic value and, due to their high volatility, cannot serve as a store of value or medium of exchange. He also expressed concerns about pension funds investing in crypto assets. This statement immediately sparked strong opposition from the Korean crypto industry, with insiders considering his views regressive, especially as global institutions are actively adopting cryptocurrencies. Notably, Lee Eog-weon holds an open attitude towards stablecoins, stating that he will support the development of local Korean stablecoin initiatives and seek a balance between innovation and regulation.
- 09:52Data: In the past 10 minutes, the official WLFI multi-signature wallet transferred a total of 485 million WLFI to a Jump Crypto address.According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that in the past 10 minutes, the official WLFI multi-signature wallet transferred a total of 485 million market-making tokens to two addresses belonging to Jump Crypto.