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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.
- 12:30Bank of Montreal: U.S. stock markets tend to rise after Federal Reserve rate cutsJinse Finance reported, citing market news released by *Walter Bloomberg, that BMO Capital Markets pointed out that the U.S. stock market usually rises after the Federal Reserve begins to cut interest rates. Since 1982, during 10 rate-cutting cycles, the S&P 500 Index recorded positive returns 8 times, with an average increase of 10.4% in the following year. However, the specific range of gains varied greatly, from -23.9% to +32.1%, depending on whether the rate cuts extended the economic growth cycle or failed to prevent a recession. BMO stated that the current context is closer to those situations that brought positive returns: employment is still growing, GDP is above trend level, and S&P 500 earnings are expected to grow at a double-digit rate by 2026. The institution believes that the debate over the extent of Fed rate cuts "misses the point." Unless there are economic problems, the U.S. stock market remains in a bull market—however, given the strong rebound that has already occurred, future gains may be smaller.
- 12:19Trump: Suspect in the attempted assassination of Charlie Kirk has been detainedJinse Finance reported, according to Bloomberg analyst Walter Bloomberg, Trump stated in an interview that the suspect in the attempted assassination of Charlie Kirk has been detained.
- 12:09Data: USDC Treasury burns over 60.87 million USDC on Ethereum chainChainCatcher News, according to Whale Alert monitoring, USDC Treasury has burned 60,876,255 USDC tokens on the Ethereum chain, worth approximately $60,859,332.