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Share link:In this post: Crypto treasury stocks fell sharply in August after major summer gains. Ethzilla led the sector with a 114% rise, while others like Strategy dropped 16%. Companies backed by Tom Lee and Peter Thiel held up better than others.
Share link:In this post: OpenAI is considering leasing out its AI-ready data centers and infrastructure in the future. The plan mirrors Amazon Web Services, which turned excess computing into a trillion-dollar business. OpenAI is exploring new financial instruments beyond debt to fund large-scale projects.
Pi Network’s PI token struggles with minimal market interest, as its social dominance hits a weekly low and weighted sentiment remains negative. Without a surge in buying activity, PI could be headed toward an all-time low of $0.32.
Galaxy's cryptocurrency trading business generated $8.7 billion in revenue, but only brought in $13 million in profit (a profit margin of only 0.15%).
XRP’s short-term outlook is weakening again, even as it bounces slightly on the daily chart. Whale exchange inflows are rising sharply, bearish EMA crossovers are lining up on the 4-hour chart, and price levels are slipping into danger zones. Together, these signs hint at growing downside risk; especially for short-term traders.
- 22:28The probability of a Fed rate cut in September is 82.8%According to CME "FedWatch" reported by Jinse Finance, there is a 17.2% probability that the Federal Reserve will keep interest rates unchanged in September, and an 82.8% probability of a 25 basis point rate cut. For October, there is a 10% probability that rates will remain unchanged, a 55.5% probability of a cumulative 25 basis point rate cut, and a 34.5% probability of a cumulative 50 basis point rate cut.
- 21:43Offshore Renminbi Rises 135 Points Against the US Dollar Compared to Last Friday’s New York CloseAccording to Jinse Finance, in late trading in New York on Monday, the offshore yuan (CNH) closed at 7.1584 against the US dollar, up 135 points from last Friday’s New York close, with intraday trading ranging between 7.1743 and 7.1491.
- 21:43Interactive Brokers to Replace Walgreens as S&P 500 Index ConstituentAccording to Jinse Finance, Interactive Brokers will replace Walgreens as a constituent stock in the S&P 500 Index.