Su 31/08 | Daily Crypto & Macro News
Good morning all! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ There is now an 86.4% chance of a rates cut in September.
→ $2,000,000,000 in BTC shorts will be liquidated at $115,000.
→ Fidelity sells 588.41 BTC worth $63.7 million.
→ BlackRock buys 227 BTC worth $24.6 million.
→ Elon Musk's xAI sues Chinese engineer Xuechen Li for allegedly uploading Grok's codebase to OpenAI after being hired by them, then selling $7 million in xAI shares.
→ Earnings Week Sept 1–5: Key reports $NIO $ASO $SIG $ZS $HQY $DLTR $M $CRM $HPE…
The skinny
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