🚨 Overnight Crypto Highlights
1⃣ Trump goes crypto — Signs EO allowing 401(k) retirement funds to invest in digital assets. US crypto stocks & coins rally. Analysts: sentiment-led, real inflows will take time.
2⃣ $ETH breaks $3.9K, eyes $4K. ETH/BTC ratio climbing. ETF flows show panic outflows early week, FOMO inflows last 48h.
3⃣ SEC vs Ripple ends after 4 years. Ripple fined $125M — seen as a win. $XRP +11%, back near $3.20 ATH.
4⃣ $MEMEFI moon-then-doom — +500% on delisting news, now halved. Warning: altcoin perps easily manipulated.
5⃣ $TST rug play — +then -60% flash crash. Perp volume spikes. Pattern: long flat → sudden pump → retail FOMO → brutal dump.
6⃣ $BASE chain & $ZORA pump — +35% daily. KOLs hint Coinbase is behind SocialFi launch platform.
7⃣ Wall Street meets crypto — Aug 13: Bullish IPO with ex-NYSE president at helm & 24K BTC on balance sheet. If market cap surges, could trigger coin FOMO.
8⃣ Whale wrecked — Infamous trader @qwatio’s ETH shorts liquidated. Turned $3M → $29M unrealized gains in 6 months, lost it all.
9⃣ Vitalik speaks — Supports “ETH reserve companies” but warns against over-leverage. Top ETH reserve stocks still buying.
🔟 #WLFI launching USD1 points program with multiple partners — could be airdrop-related.
🔟1⃣ AI market wrap — US pension news sparks BTC & ETH volume surge. Whale leverage battles heating up. Alts mostly green but lag majors. Fast capital rotation. Volatility rising — stay nimble.
