PCE steadies rate-hike expectations heat up as the market waits and watches
📰 Crypto Evening News | 2026-08-26 21:00
🔥 Major Events
1. PCE indicator favored by the Fed holds steady with last month — As the Fed’s preferred inflation gauge, the PCE inflation YoY rate is 3.7%, core PCE is 3.3%, both unchanged from June…
2. Alibaba completes a HKD 80 billion placement to bolster AI cloud — Alibaba completes a HKD 80 billion new share placement; all net proceeds are used for AI and cloud…
3. Sources say Iran–Oman Hormuz agreement has not been finalized — According to Reuters, a senior Iranian official says the agreement with Oman regarding the Strait of Hormuz has not been finalized, and both sides are still negotiating the details.
4. Iran says it has reached agreement with Oman on revenue sharing from the strait — A spokesperson for Iran’s Revolutionary Guard said that about a month ago, it negotiated with Oman and reached some understandings regarding the waters of the strait and revenue shares…
📊 Market Data
1. US July PCE inflation holds at 3.7% YoY — Sticky inflation remains — The US July PCE price index rose 3.7% YoY, unchanged from June and above analysts’ forecast of 3.6%…
2. US overall PCE holds steady from the prior month and beats expectations — The US July PCE price index rose 3.7% YoY, unchanged from the prior month; market expected a decline to 3.6%…
3. Rate-hike expectations for next month tick up slightly — After the inflation data, interest-rate futures show the market expects about a 42% probability of a September Fed rate hike, up from roughly 36% before the release…
4. US July core PCE YoY 3.3% meets expectations — The US July core PCE price index rose 3.3% YoY, in line with expectations and unchanged from the prior value. Core PCE MoM was 0.2%…
5. US Q2 real GDP revised value stays at 1.5% — The seasonally adjusted annualized Q2 real GDP revision for the US remains at 1.5%, consistent with the initial estimate and in line with market expectations.
6. Analysts say Bitcoin short squeeze pressure may signal a bull-market reset — K33 and Bitwise analysts say a record short squeeze, leverage resets, and macro catalysts may point to a broader bull-market reset…
7. Analysts say Bitcoin’s next move may depend on three events including PCE — Analysts note Bitcoin’s next step may depend on July PCE, Nvidia’s earnings report, and remarks by Powell. If inflation data comes in above expectations…
8. US and Brent crude briefly rise about $0.5, then pull back — US oil and Brent briefly climbed about $0.5, then partially retreated; they are currently at $80.2 per barrel and $85.5 per barrel…
9. A whale moves 6,504 ETH to Binance after accumulating large losses — According to monitoring, after holding ETH for over two years, a certain whale transferred all remaining 6,504 ETH (worth about $15.94 million) to Binan…
10. Bank of America keeps Nvidia “Buy” and $350 target — Bank of America maintains its Buy rating for Nvidia and a $350 target price, expecting Q2 revenue and guidance could again exceed expectations by 3% to 4%…
11. Reuters poll expects S&P 500 to reach 7,900 by end-2026 — A Reuters survey shows the S&P 500 is expected to be at 7,900 at the end of 2026, higher than the 7,620 projected in the May survey…
12. Bloomberg analyst: Number of ETF closures up 65% year over year — A Bloomberg ETF analyst said the number of ETF closures increased 65% from last year; it’s nearly 200 so far this year, and at the current pace may set a record…
🏛️ Regulatory Policy
1. HPC and trade.xyz call on CFTC to allow energy perpetuals — Hyperliquid Policy Center and trade.xyz sent a letter to the CFTC…
2. CZ says if Hyperliquid enters the US, it would be a major positive for the industry — CZ said that if Hyperliquid can enter the US market in a compliant way, it could open up space for more decentralized products…
3. ECB says the digital euro will offer the highest feasible privacy — An ECB official said the digital euro will provide the highest level of privacy achievable with current technology. A 12-month pilot is already set with 36 participating institutions…
💡 Project Updates
1. Traders say a Bitcoin breakout of key levels may trigger a short squeeze — Trader Killa says there is about 80% confidence that a bottom has formed, but the weekly chart has not yet held above $83,000. If it breaks out and is confirmed…
2. Alibaba open-sources multiple evaluations for Qwen3.8-Flash, standout performance — Alibaba Qwen released and open-sourced Qwen3.8-Flash-related weights for a multimodal MoE: the base model has 125B parameters, with about 6B activations…
3. Bitget stock futures contracts launch PURR, supporting 20x leverage — Bitget announced the launch of the PURR stock contract, settled in USDT, supporting up to 20x leverage and 7×24 trading…
4. “God Fish” responds to “I don’t know how to spend money,” saying AI lowers the execution barrier — A figure from the mining community, “God Fish,” responded to a past famous quote on a podcast, saying he now knows how to spend it. He believes AI greatly lowers the execution barrier…
📊 Market Snapshot: BTC $78,288 (-0.79%), funding rate 0.0078%; ETH $2,454.75 (-0.71%), funding rate 0.0094%
📍 Daily buy/sell points: $BTC daily sell point $80,581 | daily buy point $77,119 / $ETH daily sell point $2,512.56 | daily buy point $2,391.78 / BNB daily sell point $713.70 | daily buy point $682.05
$BTC #BTC $ETH #ETH
📰 Crypto Evening News | 2026-08-26 21:00
🔥 Major Events
1. PCE indicator favored by the Fed holds steady with last month — As the Fed’s preferred inflation gauge, the PCE inflation YoY rate is 3.7%, core PCE is 3.3%, both unchanged from June…
2. Alibaba completes a HKD 80 billion placement to bolster AI cloud — Alibaba completes a HKD 80 billion new share placement; all net proceeds are used for AI and cloud…
3. Sources say Iran–Oman Hormuz agreement has not been finalized — According to Reuters, a senior Iranian official says the agreement with Oman regarding the Strait of Hormuz has not been finalized, and both sides are still negotiating the details.
4. Iran says it has reached agreement with Oman on revenue sharing from the strait — A spokesperson for Iran’s Revolutionary Guard said that about a month ago, it negotiated with Oman and reached some understandings regarding the waters of the strait and revenue shares…
📊 Market Data
1. US July PCE inflation holds at 3.7% YoY — Sticky inflation remains — The US July PCE price index rose 3.7% YoY, unchanged from June and above analysts’ forecast of 3.6%…
2. US overall PCE holds steady from the prior month and beats expectations — The US July PCE price index rose 3.7% YoY, unchanged from the prior month; market expected a decline to 3.6%…
3. Rate-hike expectations for next month tick up slightly — After the inflation data, interest-rate futures show the market expects about a 42% probability of a September Fed rate hike, up from roughly 36% before the release…
4. US July core PCE YoY 3.3% meets expectations — The US July core PCE price index rose 3.3% YoY, in line with expectations and unchanged from the prior value. Core PCE MoM was 0.2%…
5. US Q2 real GDP revised value stays at 1.5% — The seasonally adjusted annualized Q2 real GDP revision for the US remains at 1.5%, consistent with the initial estimate and in line with market expectations.
6. Analysts say Bitcoin short squeeze pressure may signal a bull-market reset — K33 and Bitwise analysts say a record short squeeze, leverage resets, and macro catalysts may point to a broader bull-market reset…
7. Analysts say Bitcoin’s next move may depend on three events including PCE — Analysts note Bitcoin’s next step may depend on July PCE, Nvidia’s earnings report, and remarks by Powell. If inflation data comes in above expectations…
8. US and Brent crude briefly rise about $0.5, then pull back — US oil and Brent briefly climbed about $0.5, then partially retreated; they are currently at $80.2 per barrel and $85.5 per barrel…
9. A whale moves 6,504 ETH to Binance after accumulating large losses — According to monitoring, after holding ETH for over two years, a certain whale transferred all remaining 6,504 ETH (worth about $15.94 million) to Binan…
10. Bank of America keeps Nvidia “Buy” and $350 target — Bank of America maintains its Buy rating for Nvidia and a $350 target price, expecting Q2 revenue and guidance could again exceed expectations by 3% to 4%…
11. Reuters poll expects S&P 500 to reach 7,900 by end-2026 — A Reuters survey shows the S&P 500 is expected to be at 7,900 at the end of 2026, higher than the 7,620 projected in the May survey…
12. Bloomberg analyst: Number of ETF closures up 65% year over year — A Bloomberg ETF analyst said the number of ETF closures increased 65% from last year; it’s nearly 200 so far this year, and at the current pace may set a record…
🏛️ Regulatory Policy
1. HPC and trade.xyz call on CFTC to allow energy perpetuals — Hyperliquid Policy Center and trade.xyz sent a letter to the CFTC…
2. CZ says if Hyperliquid enters the US, it would be a major positive for the industry — CZ said that if Hyperliquid can enter the US market in a compliant way, it could open up space for more decentralized products…
3. ECB says the digital euro will offer the highest feasible privacy — An ECB official said the digital euro will provide the highest level of privacy achievable with current technology. A 12-month pilot is already set with 36 participating institutions…
💡 Project Updates
1. Traders say a Bitcoin breakout of key levels may trigger a short squeeze — Trader Killa says there is about 80% confidence that a bottom has formed, but the weekly chart has not yet held above $83,000. If it breaks out and is confirmed…
2. Alibaba open-sources multiple evaluations for Qwen3.8-Flash, standout performance — Alibaba Qwen released and open-sourced Qwen3.8-Flash-related weights for a multimodal MoE: the base model has 125B parameters, with about 6B activations…
3. Bitget stock futures contracts launch PURR, supporting 20x leverage — Bitget announced the launch of the PURR stock contract, settled in USDT, supporting up to 20x leverage and 7×24 trading…
4. “God Fish” responds to “I don’t know how to spend money,” saying AI lowers the execution barrier — A figure from the mining community, “God Fish,” responded to a past famous quote on a podcast, saying he now knows how to spend it. He believes AI greatly lowers the execution barrier…
📊 Market Snapshot: BTC $78,288 (-0.79%), funding rate 0.0078%; ETH $2,454.75 (-0.71%), funding rate 0.0094%
📍 Daily buy/sell points: $BTC daily sell point $80,581 | daily buy point $77,119 / $ETH daily sell point $2,512.56 | daily buy point $2,391.78 / BNB daily sell point $713.70 | daily buy point $682.05
$BTC #BTC $ETH #ETH
