According to Odaily's OKX market data, ETH has broken through 3,600 USDT, currently trading at 3,600.58 USDT, a 24-hour increase of 3.09%. (This newsletter was generated with AI assistance.)

Odaily Planet Daily reported that according to Lookonchain monitoring, today 10 US Bitcoin ETFs had a net outflow of 6,086 BTC, of which Fidelity had an outflow of 2,965 BTC and currently holds 202,441 BTC, worth US$23.14 billion; 9 Ethereum ETFs had a net outflow of 6,127 ETH, of which Grayscale ETHE had an outflow of 1,895 ETH. Grayscale currently holds 1,129,115 ETH, worth US$4.03 billion.

According to Arkham monitoring, about 24 minutes ago, Grayscale transferred a total of 19,803 ETH to the Coinbase Prime hot wallet and Coinbase Prime Deposit address through its Ethereum Mini Trust, Ethereum ETF and other addresses.

Bullish, a cryptocurrency trading platform under Block.one, the parent company of EOS (now Vaulta), has filed documents with the U.S. Securities and Exchange Commission (SEC) to raise up to $629 million through an initial public offering (IPO). The company operates a digital asset trading platform and owns the well-known cryptocurrency media outlet CoinDesk.

Odaily Planet Daily reported that the EU will suspend trade countermeasures against the United States for 6 months. (Jinshi)

According to Odaily's Planet Daily, analyst Jeremy Boulton says dollar bears may have to wait patiently, but this wait will come at a heavy cost. Last week's non-farm payroll report ended the dollar's rally that had unnerved traders, but a renewed decline may take time. The dollar's overall trend this year is undoubtedly downward, but the current decline is showing signs of fatigue. With many traders already positioned for short positions, any further decline is likely to be slow and limited. If this happens, the profits of dollar short sellers will be gradually eroded by interest rate differentials: the gap between the US and Japan is particularly wide, and the gap between the US and Europe is also considerable. While the sharp drop in the dollar triggered by Friday's non-farm payroll data may attract more short sellers, it also limits the dollar's potential for further decline. While the first interest rate cut could come as early as September 17, the next one may not happen until December 10. For traders betting on a falling dollar, this waiting period will incur significant capital costs. (Jinshi)