BTC traded at $76,939, down 1.85% over 24 hours, while ETH stood at $2,457.78, down 0.63%. Gold was at $4,373.40 and silver at $64.170; the S&P 500 and Nasdaq 100 fell 0.58% and 1.08%, respectively, while WTI and Brent rose 0.61% and 0.58%.
1. Whale buys 767.8 bitcoin via THORChain over two days
A whale bought 544.5 bitcoin (about $42.43 million) in a cross-chain purchase via THORChain, and over two days converted 60.37 million USDC into 767.8 bitcoin at an average price of about $78,628.
Assets to watch: BTC
2. US August PPI rises 5.4% year over year, above forecast
US August PPI rose 5.4% year over year, above the 5.3% estimate and up from 4.7% previously; month over month it rose 0.4%, in line with expectations.
3. Market prices 71.3% odds of a Fed hike in September
According to CME FedWatch, markets price a 28.8% chance the Fed holds rates in September and a 71.3% chance of a 25 basis point hike; by October they see a 54.8% chance of a cumulative 25bp hike and a 27.6% chance of a cumulative 50bp hike.
4. Kalshi launches gold and silver perpetuals
Prediction market platform Kalshi launched gold and silver perpetual contracts after receiving CFTC approval, extending its commodities business from event contracts into precious metals derivatives; its commodity-linked contracts had already surpassed $400 million in monthly volume.
Assets to watch: XAU, XAG
5. Microsoft plans to lift data center capacity to 38 GW by 2032
Microsoft plans a major expansion of its global data center network, lifting compute capacity from about 12 GW today to over 38 GW by 2032, more than a twofold increase; a capacity shortage had earlier forced it to turn away some AI and cloud orders.
Assets to watch: MSFT
6. XRP spot ETFs log $5.14M net inflow
On September 10, US XRP spot ETFs logged a net inflow of $5.14 million, mostly from the Franklin XRP ETF, while SOL spot ETFs saw a net outflow of $482,500, with the Fidelity ETF adding $888,400 and the Bitwise ETF losing $1.371 million.
Assets to watch: SOL, XRP
7. Ethereum sets tentative Sepolia activation for Glamsterdam
According to Ethereum ACDC call #186 minutes, developers tentatively set Glamsterdam's activation on the Sepolia testnet for October 6, though the timing still depends on test stability; Devnet-9's 1,000 validators still cannot reach finality.
Assets to watch: ETH
8. India's Arya.ag tokenizes grain on Avalanche
India's largest agricultural warehousing firm, Arya.ag, is using the Avalanche blockchain to tokenize grain inventory, warehouse receipts and loan status; it holds about $2 billion worth of crops and facilitates roughly $1.3 billion in agricultural credit a year.
Assets to watch: AVAX
9. Aave founder proposes adding stablecoins to UK ISAs
Aave founder Stani Kulechov said he has submitted feedback to the UK tax authority proposing to improve the tax treatment of crypto-collateralized loans and stablecoins, and to allow stablecoins into individual savings accounts (ISA) so stablecoin lending users can benefit from tax relief.
Assets to watch: AAVE
Market snapshot
BTC: $76,939 (24h -1.85%) | ETH: $2,457.78 (24h -0.63%)
Gold: $4,373.40 (-0.77%) | Silver: $64.170 (-1.17%)
WTI: $103.11 (+0.61%) | Brent: $108.25 (+0.58%)
S&P 500: 7,591.70 (-0.58%) | Nasdaq 100: 29,103.51 (-1.08%)
1. Whale buys 767.8 bitcoin via THORChain over two days
A whale bought 544.5 bitcoin (about $42.43 million) in a cross-chain purchase via THORChain, and over two days converted 60.37 million USDC into 767.8 bitcoin at an average price of about $78,628.
Assets to watch: BTC
2. US August PPI rises 5.4% year over year, above forecast
US August PPI rose 5.4% year over year, above the 5.3% estimate and up from 4.7% previously; month over month it rose 0.4%, in line with expectations.
3. Market prices 71.3% odds of a Fed hike in September
According to CME FedWatch, markets price a 28.8% chance the Fed holds rates in September and a 71.3% chance of a 25 basis point hike; by October they see a 54.8% chance of a cumulative 25bp hike and a 27.6% chance of a cumulative 50bp hike.
4. Kalshi launches gold and silver perpetuals
Prediction market platform Kalshi launched gold and silver perpetual contracts after receiving CFTC approval, extending its commodities business from event contracts into precious metals derivatives; its commodity-linked contracts had already surpassed $400 million in monthly volume.
Assets to watch: XAU, XAG
5. Microsoft plans to lift data center capacity to 38 GW by 2032
Microsoft plans a major expansion of its global data center network, lifting compute capacity from about 12 GW today to over 38 GW by 2032, more than a twofold increase; a capacity shortage had earlier forced it to turn away some AI and cloud orders.
Assets to watch: MSFT
6. XRP spot ETFs log $5.14M net inflow
On September 10, US XRP spot ETFs logged a net inflow of $5.14 million, mostly from the Franklin XRP ETF, while SOL spot ETFs saw a net outflow of $482,500, with the Fidelity ETF adding $888,400 and the Bitwise ETF losing $1.371 million.
Assets to watch: SOL, XRP
7. Ethereum sets tentative Sepolia activation for Glamsterdam
According to Ethereum ACDC call #186 minutes, developers tentatively set Glamsterdam's activation on the Sepolia testnet for October 6, though the timing still depends on test stability; Devnet-9's 1,000 validators still cannot reach finality.
Assets to watch: ETH
8. India's Arya.ag tokenizes grain on Avalanche
India's largest agricultural warehousing firm, Arya.ag, is using the Avalanche blockchain to tokenize grain inventory, warehouse receipts and loan status; it holds about $2 billion worth of crops and facilitates roughly $1.3 billion in agricultural credit a year.
Assets to watch: AVAX
9. Aave founder proposes adding stablecoins to UK ISAs
Aave founder Stani Kulechov said he has submitted feedback to the UK tax authority proposing to improve the tax treatment of crypto-collateralized loans and stablecoins, and to allow stablecoins into individual savings accounts (ISA) so stablecoin lending users can benefit from tax relief.
Assets to watch: AAVE
Market snapshot
BTC: $76,939 (24h -1.85%) | ETH: $2,457.78 (24h -0.63%)
Gold: $4,373.40 (-0.77%) | Silver: $64.170 (-1.17%)
WTI: $103.11 (+0.61%) | Brent: $108.25 (+0.58%)
S&P 500: 7,591.70 (-0.58%) | Nasdaq 100: 29,103.51 (-1.08%)