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- 11:56Winklevoss brothers join the US Republican Party's crypto donation campChainCatcher News, according to Axios, the Winklevoss brothers have officially joined the US Republican Party's cryptocurrency donation camp, having donated over $32 million this year to several political groups supporting crypto-friendly policies. They support Trump's vision of "making America the global crypto hub," and stated that the realization of this vision is premised on the Republican Party gaining control of Congress.
- 11:56Economist: If July non-farm payroll data is significantly revised downward, US stocks will show a V-shaped trendAccording to ChainCatcher, citing Golden Ten Data, TradingKey senior economist Jason Tang stated that the non-farm employment data for August is unlikely to fluctuate significantly, with the main risk being whether the July data will be substantially revised downward. If the July data is significantly downgraded, it is expected that the US stock market will experience a sharp decline, followed by a rebound on the same day. This would indicate a weakening labor market, prompting investors to engage in an "economic slowdown trade," which may lead to a drop in US stocks after the market opens, and then shift to a "rate cut trade," driving a rebound from intraday lows.
- 11:56Bullish's European subsidiary obtains MiCA license in GermanyJinse Finance reported that the European subsidiary of the cryptocurrency trading platform Bullish has obtained a license under the Markets in Crypto-Assets (MiCA) regulation in Germany. Bullish Europe has received this license from the German Federal Financial Supervisory Authority (BaFin), after previously obtaining crypto brokerage and custody licenses from the same regulator.