ⵕⵕ ᴛʀᴀᴅᴇʀs

🚨 BREAKING: US national debt has officially surpassed $40 TRILLION for the first time in history. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

Tether Reports $1.5B Q2 Operating Profit as Gold Holdings Exceed 146 Tons Tether reported approximately $1.5 billion in net operating profit for the second quarter, driven mainly by U.S. Treasury and repo income. As of June 30, the company held $187.75 billion in assets against $183.64 billion in liabilities, leaving a $4.11 billion reserve buffer. Tether also reduced secured lending by $2.38 billion and added 14 tons of physical gold, bringing total gold holdings to more than 146 tons. USDT issuance stood at about $184.6 billion. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

BREAKING: The Strategic Petroleum Reserve (SPR) fell -3.8 million barrels last week, to 308 million barrels, the lowest since March 1983. This marks the 18th consecutive weekly decline, the longest since 2023, per Zerohedge. During this period, US oil reserves in the SPR have fallen -108 million barrels, or -26%. Meanwhile, commercial crude oil stocks excluding the SPR dropped -7.2 million barrels, to 405 million barrels, the lowest since October 2018. This is also ~7% below the 5-year average for this time of the year. America's oil buffer is evaporating. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

📊 SEPTEMBER FED HIKE BACK IN PLAY The Fed held rates steady and offered no guidance, but markets viewed the meeting as dovish after Chair Kevin Warsh suggested tighter financial conditions may already be doing some of the Fed's work. Despite the pause, three FOMC officials dissented in favor of a 25 bp hike. Kalshi now prices a 53% chance of a September rate hike, versus 46% for no change. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

UAE state-owned giant ADNOC is effectively killing the Murban oil futures market (which it spent quite a lot of effort trying to develop). From Nov, ADNOC will price its crude based on Platts Dubai rather than Murban futures. The move come after massive trading plays in Murban since the war started, which sent quotes well above comparable grades. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

WARNING: 🚨 Something crazy just happened in Japan. The BOJ has spent ¥8.2 trillion defending the yen. Last time Japan intervened at this scale, global markets lost $7,000,000,000,000 within days. What's next, could be extremely violent. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

🟢#GRVT ʟɪsᴛᴇᴅ ᴏɴ ► [ʙɪɴᴀɴᴄᴇ ғᴜᴛᴜʀᴇs]

#BTC has never traded below its estimated electrical production cost. Every bear market has tested it. None have broken it. Will this cycle finally be different? 🤔🤔🤔 ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

The attacker exploited a flaw in Coldcard's key generation and stole these funds within 25 minutes. Even cold wallets aren't safe now. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

#DonWedge nice bounce on others/btc this could be marking the bottom for altcoins tbh ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

🔴#JASMY ᴀᴅᴅᴇᴅ ᴛᴏ ᴄᴀᴜᴛɪᴏɴ ᴛʀᴀᴅɪɴɢ ᴏɴ ► [ᴜᴘʙɪᴛ sᴘᴏᴛ]

🔴#TT ᴀᴅᴅᴇᴅ ᴛᴏ ᴄᴀᴜᴛɪᴏɴ ᴛʀᴀᴅɪɴɢ ᴏɴ ► [ᴜᴘʙɪᴛ sᴘᴏᴛ]

#CryptoTony #ETH Wait on that $1930 reclaim before looking for entries guys ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

BlackRock clients bought $183,400,000 worth of #BTC 🟢 ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

🟢#CFX ʟɪsᴛᴇᴅ ᴏɴ ► [ᴜᴘʙɪᴛ sᴘᴏᴛ (ᴋʀᴡ)]

CRAZY: ₩720 TRILLION ($500B) added to South Korea’s stock market as the KOSPI index surges 16%. Meme index… ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

🚨 🇯🇵 JAPAN PREPARES 🇯🇵🚨 Japanese analyst Yuto says the Bank of Japan has discussed a worst-case scenario where the U.S. dollar loses its reserve currency status. Whether or not it happens, one thing is clear: Nations are preparing for a changing financial system. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

Strategy says it will continue selling Bitcoin and no longer allocate all new capital to BTC purchases Strategy said during its Q2 earnings call that it will continue selling Bitcoin when advantageous to replenish its USD reserve, fund preferred dividends and interest payments, and support share buybacks. Management also said future capital raises will no longer be allocated entirely to Bitcoin purchases, with proceeds dynamically split between BTC and USD reserves based on market conditions. The company added that Bitcoin-backed borrowing is not currently under consideration due to counterparty and margin risks. Source ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]

🟢#GRVT ʟɪsᴛᴇᴅ ᴏɴ ► [ʙɪᴛʜᴜᴍʙ sᴘᴏᴛ]

Bitcoin Market Cap divided by Global M2 reacted at exactly the same level seen at the end of 2024. After that recovery, the indicator started falling again and is now approaching this important region once more. Let’s see whether this level will hold again. ⨯ [ⵕⵕ ᴛʀᴀᴅᴇʀs]