Brother Nine's Morning News Share / August 15
1. Market Trends
BTC plummeted, altcoins fell across the board. The market's main focus is on ETH.
U.S. stocks declined, and stablecoin Circle dropped significantly. July's PPI industrial inflation was too high, and the market expects only a 25 basis point rate cut in September.
2. Market Highlights
1. The stablecoin public chain TRX performed strongly, with Bloomberg reporting that Sun Yuchen holds 63% of TRX, indicating high control.
2. FOMO sentiment for WLFI has risen. The off-market price is close to $0.3, and Sun Yuchen previously bought $45 million at an average price of about $0.01125.
3. The SEC has postponed its decision on the Bitwise Solana ETF and 21Shares Core Solana ETF, with a new deadline set for October 16.
4. ADA briefly touched $1, with high enthusiasm, possibly due to institutional accumulation and the RWA narrative igniting market interest.
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