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Quick Take A wallet that had been dormant since 2011 moved 3,962 BTC, worth about $468 million, following a test transaction on Thursday. The transfer caps a month of whale awakenings, including a $1.26 billion shift on July 23 and over 80,000 BTC moved by a separate address since July 4.
Quick Take Strategy has boosted its Stretch preferred offering from $500 million to $2 billion, pricing shares at $90 with a 9% cumulative dividend. The proceeds will finance additional bitcoin buys, expanding Strategy’s current 607,770 BTC treasury.
The crypto market saw its first daily decline after four days of gains, with altcoins falling harder than Bitcoin.
Ethereum developers are proposing a gas limit increase to boost Layer-1 throughput. Solana devs are also planning a 66% block limit upgrade.
BONK price gained 6% on July 24 following a massive 500 billion token burn, making it the only top-5 Solana memecoin trading in green despite sector-wide declin
- 22:11The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 92%, while the probability of keeping rates unchanged is 0%.ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 0%, the probability of a 25 basis point rate cut is 92%, and the probability of a 50 basis point rate cut is 8%. The probability of keeping rates unchanged in October is also 0%, the cumulative probability of a 25 basis point rate cut is 21.2%, the probability of a 50 basis point rate cut is 72.6%, and the probability of a 75 basis point rate cut is 6.2%.
- 22:11The three major U.S. stock index futures opened slightly lower, with Nasdaq futures down 0.1%.ChainCatcher news, according to Golden Ten Data, the three major US stock index futures opened slightly lower on Monday, with Nasdaq futures currently down 0.1%.
- 22:01U.S. Treasury bulls face a dual test from inflation and nonfarm payroll revisions this weekJinse Finance reported that US Treasury bulls will face a dual test of inflation and non-farm payroll revisions this week. The yields on 2-year and 10-year Treasury bonds closed last week at their lowest levels since early April. Traders have fully priced in a 25 basis point rate cut by the Federal Reserve in September and expect further cuts before the end of the year. This week's focus will begin on Tuesday, when the US Bureau of Labor Statistics will release its preliminary benchmark revision to the 2025 non-farm employment survey data. Whether the market can continue this month's rally will partly depend on the tone of the PPI and CPI, which will be released on Wednesday and Thursday, respectively. Traders will also be watching how the market absorbs the auctions of 3-year, 10-year, and 30-year Treasury bonds. Leslie Falconio, Head of Fixed Income Strategy at UBS, said, "The pace of rate cuts this year will slow down and be orderly, and the data-dependent narrative will continue. The likelihood of a 50 basis point rate cut in September is very small. Even if inflation data comes in below market expectations, we will not see them take such aggressive action." (Golden Ten Data)