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Ethereum faced a significant investor exodus last week, shedding $912 million in net outflows over a continuous seven-day period. Despite this, inflows to other altcoins such as Solana and XRP remained robust, highlighting that confidence in select digital assets persists even amid broader market caution. Weekly Fund Flow Overview According to the latest Digital Asset Fund Flows Weekly Report, last week saw digital asset investment products lose $352 million overall. This occurred despite softer-than-expected U.S. payrolls and growing anticipation of a Federal Reserve interest rate cut in September. Trading volumes also fell 27% week-over-week, signaling waning short-term investor interest. However,…

The attorney general’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming that it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place. DC Attorney General Brian Schwalb alleged on Monday that 93% of deposits on Athena in its first five months were the “direct result of scams” and criticized the firm’s no-refund policy, which he said is preventing victims from recovering allegedly undisclosed fees and scam losses.“Athena knows that its machines are being used primarily by scammers yet chooses to look the other way…

Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. Jamie Iannone, CEO of EBay (EBAY), has 10 billion reasons to be bullish on its fledgling collectibles empire. “The average household has $3,000-$4,000 [worth] of stuff that could be sold on eBay,” he told Yahoo Finance Executive Editor Brian Sozzi on Opening Bid Unfiltered (see the video above, listen below.) “Lless than 20% of that is online,” he continued. Iannone says eBay’s collectibles operation is now “massive,” ringing up $10 billion in business annually. The company, which originally launched…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.BTC is pinned near $111,000 with volatility compressed to multi-month lows, the kind of calm that tends to precede decisive moves. Traders know what could break the lull: September’s U.S. inflation data and the Fed’s rate decision a week later.Prediction markets are leaning heavily toward easing. Polymarket bettors are assigning an 82% chance of a 25-basis-point cut on…

Pro Visionary Pty Ltd, a newly launched Australian wealth management company, today announced the expansion of its secure investment services designed to safeguard joint accounts up to AUD 500,000. Built on a foundation of government bond-backed strategies, the company is reinforcing its commitment to safe and transparent wealth management for Australian investors.As financial markets continue to experience volatility, many individuals and families are seeking reliable options to protect their assets. Pro Visionary Pty Ltd is addressing this demand by delivering solutions that emphasize security and long-term stability. By focusing exclusively on Australian clients and prioritizing investments supported by government bonds,…

Daily Spotlight: Good Year for Global Stocks

Bitcoin is a database.  This is an inescapable technological reality. Money itself is simply a ledger, a record of who has what. Even physical cash is simply distributing that “database” in the real world. You no longer have to check against some central ledger to verify anything because the simple act of handing it to you is that process of verification. The “entries” in that ledger are passed around disconnected from some central record. Bitcoin is simply a digital database attempting to replicate the most important property of that physical one known as cash: not needing a database operator’s permission…

A judge has ruled that Federal Reserve governor Lisa Cook should stay in her post for the time being, likely preserving her vote at the central bank’s Sept. 16-17 meeting that will set interest rates, and delivering a setback to President Donald Trump’s effort to fire her over an allegation of mortgage fraud.

The SPX/TLT ratio shows a large divergence. The bottom window is the daily and next higher window is the SPX/TLT ratio. When both indexes are making higher highs (Shaded in green) the rally in SPX is expected to continue. When the SPX makes a higher high and SPX/TLT ratio makes a lower high a negative divergence forms and a bearish sign for the SPX (shaded in pink). Turn your attention to the far-right window; notice that SPX/TLT ratio hit a new short-term low below last week low, where the SPX closed above last Friday’s close; showing that SPX/TLT ratio is…

Cryptocurrency markets are buzzing as USDT0, Tether’s newest stablecoin variant, launches across OKX’s ecosystem, including X Layer, Wallet, and Exchange. This integration promises a more seamless, efficient, and scalable experience for investors and DeFi users alike. Bringing USDT0 to the OKX Ecosystem OKX, a leading global crypto platform, has partnered with Tether to integrate USDT0 on its Ethereum Layer 2 network, X Layer, as well as on the OKX Wallet and Exchange. This allows users to deposit, withdraw, and transact USDT0 directly, eliminating friction between centralized and decentralized finance. With support across multiple networks—including Arbitrum, Optimism, Polygon, Unichain, and Berachain—USDT0…