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LINK may be the biggest beneficiary of the institutionalization of cryptocurrency and the explosive growth of stablecoins, tokenization, and RWA (Real World Assets).
Over $126M was liquidated in one hour, with long positions taking a $125M hit during sudden market volatility.Market Shock Sparks $126M in Crypto LiquidationsLong Traders Take a Heavy HitVolatility Remains a Risk in Crypto Trading
XRP jumps above $3, putting nearly 94% of its circulating supply in profit—a bullish signal for investors.XRP Price Breaks Above $394% of Circulating Supply in ProfitWhat This Means for XRP’s Future
Larry Fink, CEO of BlackRock, is now interim co-chair of the World Economic Forum, signaling stronger ties between finance and global policy.Larry Fink Takes Leadership Role at World Economic ForumWhat This Means for Global Finance and CryptoA Strategic Move at a Pivotal Time
- 23:40ZachXBT: Aqua suspected of rug pull involving approximately $4.65 millionJinse Finance reported that ZachXBT posted on his personal channel stating that the Solana project Aqua is suspected of a rug pull, involving 21,770 SOL (approximately $4.65 million). Previously, the project had been promoted by Meteora, Quill Audits, Helius, SYMMIO, Dialect, and several KOLs. A few hours ago, the related funds were split into four parts, first transferred to intermediary addresses, and then flowed into multiple exchanges. Currently, the team has disabled comments on all posts on X (Twitter).
- 23:40The Trump administration plans to release a report criticizing the Bureau of Labor Statistics in the near future.Jinse Finance reported that, according to sources, five weeks after President Trump dismissed the head of the U.S. Bureau of Labor Statistics, his advisers are preparing a report outlining the flaws in the Bureau's employment data. The report takes a critical look at the Bureau of Labor Statistics and provides an overview of the history of revisions to the agency's employment data. The Trump administration is considering releasing this research report, written by the Council of Economic Advisers, in the coming weeks. The U.S. Bureau of Labor Statistics will release the annual non-farm benchmark revision data tonight (the 9th). (Golden Ten Data)
- 23:40US Democratic lawmakers demand Milan resign from White House advisor positionJinse Finance reported that Democratic members of the U.S. Senate Banking Committee have demanded that, before the Republican-controlled Senate Banking Committee takes further steps to advance Milan’s nomination, he must commit to resigning from his position as White House Chief Economic Advisor by September 8. At last week’s nomination confirmation hearing, Milan stated that he only needed to take unpaid leave from the White House Council of Economic Advisers, as his Federal Reserve position would only last until the end of January next year. Democratic senators pointed out that Milan’s term could be longer, depending on how long it takes to confirm his successor, and that Milan’s dual role as a Federal Reserve governor and Trump advisor creates a potential conflict. In a letter to Milan, Democratic lawmakers stated: “The claim that you can exercise independent judgment on monetary policy and financial regulation is absurd. Without such a commitment, we believe the committee should not advance your nomination.” (Golden Ten Data)