LATEST: 🇺🇸 Galaxy Research has cut its odds of the CLARITY Act passing in 2026 down to just 10%, citing unresolved disputes around ethics and stablecoin yields.$STAR $DIA $EVAA
⚡Goldman Sachs Fed Rate Analysis Goldman Sachs states markets are overly aggressive betting on Federal Reserve rate hikes, calling September increase very unlikely as inflation cools. Chief economist Jan Hatzius notes retail sales weakness and disappointing employment data support dovish outlook. $GPS $MUBARAK $SNXX
- 🇺🇸The White House is set to host a major crypto meeting Wednesday, with Trump, the SEC and CFTC chairs, and executives from Coinbase, Ripple and Kalshi expected.
- FOMC minutes land Wednesday, with markets pricing less than a 40% chance of a September hike.
- 🇯🇵 Japan reports GDP Monday and CPI Friday, the two key tests before a BOJ hike that Reuters reports could come as soon as September.
Monday Aug 17 - Japan Q2 GDP - US Treasury flows data, showing whether Japan cut its massive Treasury holdings again in June
Tuesday Aug 18 - US Housing Starts and Industrial Production
Wednesday Aug 19 - FOMC Minutes - White House crypto meeting - UK CPI
Thursday Aug 20 - CFTC's first Innovation Advisory Committee meeting on crypto and prediction markets - Philadelphia Fed Index
Friday Aug 21 - Japan CPI - US Flash PMIs. $GPS $PORTAL $GIGGLE
Japan's 2-year bond yield just hit 1.692%, its highest level in 31 years. It was negative in early 2024.
That's a rise of nearly 170 basis points from below zero in just two years.
The 5-year is at 2.173%, also a 31-year high, and the 10-year is at 2.929%, a 30-year high. The entire curve is repricing at once, not just the short end.
Japan already carries debt worth around 205% of GDP, while Q2 GDP growth came in at just 1.1% annualized versus 2.0% expected.
Rising debt, weakening growth, a falling currency and higher borrowing costs are all hitting Japan at the same time.
It is the worst combination a country can face.$PORTAL $GPS $AIO
⚠️ ALERT: SafePal discloses a data breach exposing nearly 40,000 customers' names, home addresses and phone numbers.
A flaw in the hardware wallet maker's order tracking plugin allowed unauthorized access to order details for more than a YEAR, with over 30 phishing sites tied to the stolen data already taken down.
SafePal says seed phrases, private keys and customer funds are NOT affected. $BTW $VELVET $Q
🚨JUST IN: Banks want blockchain WITHOUT crypto, a trend Ethereum backers call a "race to the bottom," per CoinDesk.
Major banks are building private, permissioned chains for tokenization and settlement, locked to approved institutions and closed to the public networks crypto runs on.
Etherealize's Vivek Raman says the firms are chasing blockchain branding while trading away the openness that gives the technology its value. $SPORTFUN $PORTAL $LIGHT #SanDiskRises7%OnRevenueGrowthOutlook
$DOLO $Q $ONG France Tax Data Leaked 🚨⚠️ French tax authority breach exposed nearly 678,000 taxpayer records including cryptocurrency holdings, raising security concerns as physical attacks on identifiable crypto holders continue climbing due to wallet-to-address linkage visible in tax filing documents.
Nvidia's latest 13F filing reveals SpaceX as its second-largest holding worth $209.8 billion (33.1% of portfolio), behind Intel at $299.9 billion. Combined holdings represent 80.3% of declared portfolio. The SpaceX position stems from prior xAI investment rather than secondary market purchases, with total declared equity value surging 245% to $63.44 billion quarter-over-quarter.$NVDA.US $SPCX
🇱🇷 US Inflation Cools to 2.5% ♻️⚡ U.S. Core CPI matched Wall Street expectations at 2.5% annually in July, causing markets to trade higher and September Fed rate hike odds to drop to 40%. The cooling inflation data impacts macroeconomic dynamics and cryptocurrency market sentiment by reducing monetary tightening pressure. $HEMI $H $AIO #USJulyRetailSalesFall0.6%
🚨 Galaxy Downgrades CLARITY Act Odds♻️⚡ Galaxy Digital reduced probability of CLARITY Act passing this year from 75% to 10%, citing unresolved ethics issues, banking lobby opposition, Republican support decline, and limited September legislative window as major obstacles. $HEMI $H $COW #COWRises55.77%In24h
⚡Fed Rate Decision Odds.... CME FedWatch data shows 66.9% probability of September rate hold and 33.1% chance of 25 basis point hike🚀 , impacting crypto market liquidity expectations and risk asset valuations significantly. $HEMI $CAP $AIO