Bitcoin Teases Rebound, Altcoins Pop: Crypto Daybook Americas
Your day-ahead look for Sept. 8, 2025
Your day-ahead look for Sept. 8, 2025
[JPMorgan Warns Fed Rate Cut Could Trigger Sell-Off Risk] JPMorgan has warned that if the Federal Reserve proceeds with a rate cut as expected at the September 17 meeting, it could trigger a 'sell-the-news' scenario. Market intelligence chief Andrew Taylor stated that while U.S. stocks have shown resilience, investor sentiment remains fragile against the backdrop of tariff impacts and weak employment data. He also pointed out that a rate cut could exacerbate inflationary pressures, particularly due to the transmission of tariff costs and wage inflation risks. The S&P 500 Index has already risen more than 30% this year, but with September being a traditionally weak period for U.S. stocks, the market faces greater uncertainty.
Bitget LTC/USDT's perpetual trading volume surged 21 times within 10 minutes, with a turnover of 40.75 million US dollars in the past 24 hours, a decrease of 2.45% 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
[Upbit to List FLOCK on KRW Trading Market] Upbit announced that FLOCK will be listed on September 9, 2025, at 12:00 PM (Hong Kong Time), and the KRW trading pair will be supported. Users must ensure deposits and withdrawals are conducted via the FLOCK-Base network.
[South Korean Police Uncover International Crypto Money Laundering Syndicate, Case Involves $30 Million] After a two-year investigation, the Seoul Metropolitan Police Agency successfully dismantled an international hacking syndicate that targeted corporate executives and high-net-worth individuals through fraud. A total of 258 victims were involved, with the case amounting to approximately 3.9 billion Korean won (around $30 million). Police utilized Chainalysis Reactor technology to trace on-chain fund flows and collaborated with Thai authorities to arrest the main suspect in Thailand, extraditing them back to South Korea after 106 days. Approximately 1.4 billion Korean won has been recovered so far. The syndicate primarily transferred funds through illegal mobile account registrations and impersonating institutional personnel.
[The UAE government holds approximately 6,300 Bitcoins through its state-owned mining company Citadel Mining] According to a report by Golden Finance, citing market news from the financial news and analysis website ZeroHedge, Arkham monitoring indicates that the UAE government holds approximately 6,300 Bitcoins through its state-owned mining company Citadel Mining, with a total value of about $740 million, making it the fourth-largest government Bitcoin holder globally.