Crypto Market Today: MNT, HASH Shine as Majors Look to U.S. Inflation Report

[Sources: ECB Leaning Toward Keeping Rates Unchanged, December Becomes a Key Window] According to a report by Jinse Finance, informed sources revealed that European Central Bank policymakers are convinced that a 2% inflation rate can be achieved without further rate cuts, even though new economic forecasts indicate that inflation will fall below 2% in the next two years. The sources stated that borrowing costs are expected to remain at current levels for some time unless the eurozone experiences another major shock. The sources also noted that while the possibility of a rate cut at the October meeting can almost be ruled out, December will present an opportunity for reassessment, as the new quarterly forecasts will include projections for 2028. A spokesperson for the European Central Bank declined to comment.

Bitget TAO/USDT's perpetual trading volume surged 31 times within 10 minutes, with a turnover of 30.46 million US dollars in the past 24 hours, an increase of 4.13% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

[pump.fun Deposits 13 Billion PUMP into Kraken] According to Lookonchain monitoring, pump.fun has deposited 13 billion PUMP tokens into the Kraken exchange, valued at approximately $74.24 million, to enhance liquidity.

[Galaxy Digital Purchases $326 Million SOL for Multicoin's DAT Forward] According to Foresight News and Arkham monitoring, Galaxy Digital has just purchased $326 million worth of SOL for Multicoin's SOL DAT (Forward Industries). Currently, Galaxy Digital still has $1.3 billion in cash and stablecoins available for purchases (including $354 million in stablecoins and up to $1 billion in cash).

[MYX Team Suspected to Be Linked to $170 Million Airdrop Wallets] According to monitoring by Bubblemaps, the MYX team is suspected to be associated with multiple wallets that received $170 million from airdrops. On-chain fund flow tracking revealed that the 0x4a31 address exhibited a consistent fund pattern with 95 sybil wallets and transferred $2.8 million MYX to the 0xeb5A address, which is linked to the creator of MYX.