BTC traded at $83,487, up 0.10% over 24 hours, while ETH stood at $2,684.75, up 0.51%. Gold was at $4,175.30 and silver at $60.515; the S&P 500 and Nasdaq 100 fell 0.25% and rose 0.23%, respectively, while WTI and Brent fell 0.08% and rose 0.00%.
1. Digital asset products post $3.5B weekly inflow
Per CoinShares, global digital asset investment products saw net inflows of about $3.5 billion last week, including $2.38 billion into spot Bitcoin ETFs and $690 million into Ethereum ETFs, both staying positive for five straight trading days.
Assets to watch: BTC, ETH
2. US August core PCE at 3%, below forecast
US August core PCE rose 3% year over year, easing from the prior month to the lowest since February, versus 3.3% expected; the monthly rate was 0.2%, below the 0.3% expected. Spot gold and silver both moved higher after the release.
Assets to watch: XAU, XAG
3. Kashkari sees one more Fed hike this year
Fed's Neel Kashkari said he expects the central bank to raise rates once more this year and once more in 2027. He said the balance sheet works best with rates near zero, that revisiting balance-sheet strategy is reasonable, and that he is constructive on AI while weighing its risks.
4. Micron Q4 revenue $54.2B, up 379% YoY
Micron posted fiscal 2026 fourth-quarter revenue of $54.23 billion, up 379% from $11.32 billion a year earlier and above the roughly $51 billion expected; net income was $37.7 billion with adjusted EPS of $33.42. The company guided fiscal 2027 first-quarter revenue to $61.5 billion, plus or minus $1.5 billion.
5. OpenAI, Synopsys team up on chip design AI
OpenAI and EDA software maker Synopsys announced a multi-year partnership to co-develop GPT-Synopsys, a specialized AI model for semiconductor design that can invoke Synopsys EDA tools to execute chip design around power, performance and area targets. The two will use a revenue-sharing model with undisclosed terms.
Assets to watch: OPENAI
6. Ripple unlocks 1B XRP worth ~$1.49B
Per on-chain monitoring, Ripple unlocked a total of 1 billion XRP from escrow across four transactions, worth about $1.49 billion at current prices. The four unlocks — 400 million, 300 million, 200 million and 100 million XRP — were all completed within minutes. Ripple typically releases escrowed XRP on a preset schedule.
Assets to watch: XRP
7. Solana treasury firm HSDT closes $15M offering
Solana treasury company HSDT announced the completion of a $15 million stock offering priced at a 5% premium to net asset value, with warrants attached. The company currently holds about 2.3 million SOL worth roughly $273.5 million, and the proceeds will be used to buy more SOL or repurchase shares.
Assets to watch: SOL
8. ESMA proposes folding DeFi, staking into MiCA
The European Securities and Markets Authority proposed broadening MiCA's scope to bring DeFi entry points, staking and crypto lending services under the framework, and recommended tighter restrictions on unauthorized stablecoin services. The proposals remain under regulatory discussion.
9. USDai, sUSDai expand to Solana via LayerZero
USD.AI announced that USDai and sUSDai have expanded to Solana via LayerZero's OFT standard, letting them move as unified assets across supported networks. Besides Solana, the two assets also support Arbitrum, Ethereum and Base. Cumulative cross-chain transfers via the OFT standard now exceed $2 billion.
Assets to watch: SOL, ZRO, ETH, ARB
Market snapshot
BTC: $83,487 (24h +0.10%) | ETH: $2,684.75 (24h +0.51%)
Gold: $4,175.30 (-0.27%) | Silver: $60.515 (-0.08%)
WTI: $90.35 (-0.08%) | Brent: $103.53 (+0.00%)
S&P 500: 7,651.54 (-0.25%) | Nasdaq 100: 30,408.50 (+0.23%)
1. Digital asset products post $3.5B weekly inflow
Per CoinShares, global digital asset investment products saw net inflows of about $3.5 billion last week, including $2.38 billion into spot Bitcoin ETFs and $690 million into Ethereum ETFs, both staying positive for five straight trading days.
Assets to watch: BTC, ETH
2. US August core PCE at 3%, below forecast
US August core PCE rose 3% year over year, easing from the prior month to the lowest since February, versus 3.3% expected; the monthly rate was 0.2%, below the 0.3% expected. Spot gold and silver both moved higher after the release.
Assets to watch: XAU, XAG
3. Kashkari sees one more Fed hike this year
Fed's Neel Kashkari said he expects the central bank to raise rates once more this year and once more in 2027. He said the balance sheet works best with rates near zero, that revisiting balance-sheet strategy is reasonable, and that he is constructive on AI while weighing its risks.
4. Micron Q4 revenue $54.2B, up 379% YoY
Micron posted fiscal 2026 fourth-quarter revenue of $54.23 billion, up 379% from $11.32 billion a year earlier and above the roughly $51 billion expected; net income was $37.7 billion with adjusted EPS of $33.42. The company guided fiscal 2027 first-quarter revenue to $61.5 billion, plus or minus $1.5 billion.
5. OpenAI, Synopsys team up on chip design AI
OpenAI and EDA software maker Synopsys announced a multi-year partnership to co-develop GPT-Synopsys, a specialized AI model for semiconductor design that can invoke Synopsys EDA tools to execute chip design around power, performance and area targets. The two will use a revenue-sharing model with undisclosed terms.
Assets to watch: OPENAI
6. Ripple unlocks 1B XRP worth ~$1.49B
Per on-chain monitoring, Ripple unlocked a total of 1 billion XRP from escrow across four transactions, worth about $1.49 billion at current prices. The four unlocks — 400 million, 300 million, 200 million and 100 million XRP — were all completed within minutes. Ripple typically releases escrowed XRP on a preset schedule.
Assets to watch: XRP
7. Solana treasury firm HSDT closes $15M offering
Solana treasury company HSDT announced the completion of a $15 million stock offering priced at a 5% premium to net asset value, with warrants attached. The company currently holds about 2.3 million SOL worth roughly $273.5 million, and the proceeds will be used to buy more SOL or repurchase shares.
Assets to watch: SOL
8. ESMA proposes folding DeFi, staking into MiCA
The European Securities and Markets Authority proposed broadening MiCA's scope to bring DeFi entry points, staking and crypto lending services under the framework, and recommended tighter restrictions on unauthorized stablecoin services. The proposals remain under regulatory discussion.
9. USDai, sUSDai expand to Solana via LayerZero
USD.AI announced that USDai and sUSDai have expanded to Solana via LayerZero's OFT standard, letting them move as unified assets across supported networks. Besides Solana, the two assets also support Arbitrum, Ethereum and Base. Cumulative cross-chain transfers via the OFT standard now exceed $2 billion.
Assets to watch: SOL, ZRO, ETH, ARB
Market snapshot
BTC: $83,487 (24h +0.10%) | ETH: $2,684.75 (24h +0.51%)
Gold: $4,175.30 (-0.27%) | Silver: $60.515 (-0.08%)
WTI: $90.35 (-0.08%) | Brent: $103.53 (+0.00%)
S&P 500: 7,651.54 (-0.25%) | Nasdaq 100: 30,408.50 (+0.23%)