🔥HAWKISH FED: Warsh’s Jackson Hole speech put a September RATE HIKE back in play.
Hold odds plunged from 71% to 50%, while the probability of a 25-basis-point hike jumped from 30% to 49%.
Rate-cut odds remain near zero at just 1%.
LIQUIDITY WATCH: 🇺🇸The U.S. Treasury will auction $92 BILLION in 3-month bills on August 31, settling September 3.
This could temporarily DRAIN CASH from markets, but the real impact depends on net new issuance and auction demand.
Weak demand could push short-term yields higher and pressure stocks and crypto.
🚨BREAKING: $477M in crypto longs WIPED in the past hour as BTC retraces to $77,000.
Bitcoin’s near +30% five-day rally pushed it to $79,500, its MOST overbought level since November 2024, before today’s sharp reversal triggered $547M in total crypto liquidations.
⚠️ALERT: Sandbox hit by a major security breach as attackers mint 49B of unbacked $SAND, compromising its ENTIRE liquidity across BSC and Base.
The team has confirmed the exploit and isolated SAND liquidity on BSC and Base, while disabling bridging to and from both networks.
Sandbox is preparing a compensation plan for affected LPs and urges users to avoid interacting with SAND on BSC and Base until further notice.
I know you don’t believe me but I really think ZCASH goes to $2500 plus really soon.
It reminds me of the old days in Bitcoin. In those days the moves were really violent.
Especially now with an ETF approved.
Mark my words.