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Brian Armstrong: The U.S. Needs to Pass the Clarity Act to Clarify Rules for the Crypto Industry
On August 29, Brian Armstrong posted on the X platform stating that one of the simplest ways to explain cryptocurrency is: cryptocurrencies provide faster, cheaper, and more efficient financial services. The traditional financial system was born around the 1970s and in some cases still runs on outdated mainframes today. This is also why basic functions like weekend transfers or low-cost wire transfers are still not feasible. The U.S. needs to pass the Clarity Act to clarify rules that guide the industry, rather than letting outdated systems and uncertainty prevail. $CORE Pie in the Sky — Waiting
CORE at $0.025, no volume, no direction.
Core DAO's pitch: "Revenue Era" 2026 — real fees from BTC staking, SatPay, AMP → buyback CORE. Rev+ shares Gas fees with devs. Logic closed.
But pie needs eaters. App fees: ~$59K/month. On-chain Gas: a few hundred bucks. SatPay still in beta. $150M BTC from Maple settlement — can it be safely returned? Sword overhead.
#WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCrypto Asia may be taking over from the US and becoming the main arena for $BTC's next round of funding. Metaplanet CEO: On August 28, at Hong Kong's Bitcoin Asia 2026 event, he directly stated that he believes the bottom of this round of Bitcoin has already appeared, and that "the first Asian cycle has already begun." Metaplanet currently holds about 43,000 BTC, worth approximately $3.3 billion, so this is not a typical analyst shouting bullish, but rather a judgment from someone heavily holding Bitcoin on their company's balance sheet. 1. Why did he say the "Asian cycle" has begun? Gerovich's core logic is not that "Asians suddenly prefer Bitcoin," but that Asia already has a large amount of capital, but the entry channels have not been fully opened before. He specifically mentioned that Japanese households have about $14 trillion in financial assets, with roughly half still in bank deposits. Adding funds from South Korea, Southeast Asia, and Hong Kong, this itself forms a very large savings pool. Meanwhile, digital asset regulations in Japan, Hong Kong, Singapore, and other regions are gradually changing. 2. What is truly worth watching is not whether the bottom has been reached. He said the bottom has already appeared, but this is just his personal judgment and does not mean the market has confirmed the bottom. What is even more worth watching is the latter part: In recent rounds of large Bitcoin funds, mainly from the US and Europe, but will the next round of new funds increasingly come from Asia? The US already has mature spot ETFs and institutional allocation channels,$BTC #BTC高位多空拉锯，黄金联动增强 Last night, the big brother plunged uncontrollably like he took a laxative! But I think if it drops a bit more, that's when you can buy more!
On Friday night, FED Chair Powell said at Jackson Hole that the inflation trend has not clearly improved, emphasizing that the FED "still has work to do," so the market views this as a hawkish stance, raising the probability of a rate hike at the September FOMC meeting from 35% to 55%.
Before the speech, Bitcoin's long-short ratio was severely imbalanced, with many long positions' stop losses accumulated around 75,000, so last night's drop was more likely clearing long leverage. I think this is an opportunity worth seizing.
Technical selling pressure and short-term profit-taking: Before this, Bitcoin had just experienced a sharp rally, reaching a multi-week high. When the price approached an important resistance zone, investors who accumulated a large amount of profit chips (including short-term traders and futures longs) chose to lock in profits during the session, triggering a chain reaction of selling pressure.
Overall economic wait-and-see sentiment: Due to the market's high sensitivity to recent US macro data and the Fed's subsequent policy direction, funds tend to pull back at highs due to caution, lacking continuous buying to chase prices, resulting in a significant intraday pullback and volatility.
Overall, this type of pullback is mostly a technical healthy correction after a sharp rise, clearing some overheated leveraged chips, rather than a sudden negative fundamental or industry policy event. Walsh's Jackson Hole message shifts the debate from whether policy is tight to whether it is tight enough. With inflation above 2%, financial conditions not restrictive and employment near full, his preference for short rates over forward guidance keeps each meeting genuinely data-dependent.
The move in September hike odds from about 35% to nearly 58%, alongside a 2-year yield rise from 4.22% to 4.35%, shows markets repricing the reaction function. The weakness in stocks, gold and BTC suggests the immediate risk is less a firm September promise than a higher-for-longer uncertainty premium. Not advice, just analysis.
#WalshInflationRiskAfter Elon Musk's statement came out, I think the real reaction might not only be from SpaceX itself, but whether everyone will reconsider and accept the entire "SpaceX valuation".
$3.5 trillion in revenue could even come 7 years earlier than originally expected. Honestly, that scale is roughly equivalent to buying one-tenth of the current US stock market.
But the capital market tends to trade emotions and expectations first. That’s the craziest part!
If investors start to believe that AI and computing power will truly become SpaceX’s new growth curve, the impact on SpaceX-related stocks will definitely be positive. Because originally, when valuing it, people mostly looked at rockets, Starlink, and these businesses. Now there’s an additional imagination space for AI computing power, so the valuation ceiling could naturally be raised.
Especially if SpaceX really pushes forward AI data centers and computing infrastructure businesses in the future, it will no longer just be the logic of a "rocket company."
But we also need to stay calm here.
Musk said "if AI and computing power develop smoothly," and these words are actually very important. Expectations can rise first, and stock prices can tell stories first, but in the end, it still depends on revenue, profit, and the actual implementation of computing power.
So I think the biggest impact of this statement on related stocks may not be an immediate change in fundamentals, but rather pushing the market’s imagination space for SpaceX’s future higher.
As for whether it can really sustain this valuation...
That’s not something Musk’s words alone can solve.
After all, the stock market’s favorite thing is to get excited first, then calm down when the financial report comes out.
#马斯克回应大摩，3.5万亿美元营收或提前七年 $SPCX Most people don't know that there is a FIMA repo tool between the US and Japan, and this is the key to this whole setup.
Japan holds, hmm, over $1.1 trillion in US Treasury bonds, making it the largest overseas creditor of the US.
If the yen collapses, to protect itself, Japan would be forced to frantically sell off US Treasuries to cash out.
Once the largest creditor leads the sell-off, US Treasury yields would absolutely explode on the spot, and America's borrowing costs would spiral out of control.
So the US propping up the yen is actually patching the firewall for its own US Treasury bonds.
The awkward part is that Treasury Secretary Janet Yellen told Senator Elizabeth Warren that the US has never lent Japan a single cent, but instead purchased yen. Therefore, Japan owes no money and there will be no default.
How should this be understood?
The US Treasury is using the Exchange Stabilization Fund to secretly use euros it holds to buy yen.
For the US, this costs no budget at all; it is purely an on-paper asset swap.
This not only stabilizes the exchange rate and blocks Japan's impulse to dump US Treasuries, but on paper, Japan "does not owe the US money."
This empty-handed wolf trick is played extremely well.
It's still a left hand passing to the right hand asset trick, only this time with euros.
But this is not a free favor.
The US opening this backdoor comes with conditions. The price for stabilizing the yen exchange rate is that monetary policy maneuvers will be indirectly constrained, and many operations must consider the US's stance.
Also, as mentioned before, in reality, this tool can only provide emergency relief, not a fundamental solution.
Unless the real interest rate gap between Japan and the US is resolved, it is only temporary$CAP After observing these past few days, the short positions' opening prices have been continuously rising. From the perspective of long and short amounts, longs still dominate, but in terms of the number of participants, most short positions are held by small retail traders. The price has been consolidating for a long time; on one hand, the major players don't want to push the price up to let longs profit, and on the other hand, there is insufficient buying during declines. So it simply consolidates with constant oscillations within a price range, acting like a stablecoin to wear down the patience of short retail traders, while also gradually eroding the bullish patience of longs. Top 2 and top 3 slowly started selling yesterday, causing a small drop, but subsequently top 4, 5, and 6 have been pushing the price higher. Moreover, as the open interest keeps shrinking, the price hasn't changed much. Coupled with sluggish trading volume, all longs and shorts should be cautious of risks. Wishing everyone prosperity.MEME had a great run recently, and smart money is quietly accumulating $PEPE /$DOGE, not pumping to dump.
On August 21, the overall market rose 5.7% to $29.38 billion. PEPE was the strongest that day, up 10.3% daily and 19.4% weekly to 0.00000321; DOGE rose 4.9% daily and 13.1% weekly to 0.0796; SHIB also increased by 4.3%.
But today, when Bitcoin dropped sharply, MEME definitely followed with a sell-off. What I’m watching are the on-chain whales: in recent weeks, large amounts of MOG, LADYS, and PEPE2.0 have been withdrawn from Gate.io and moved to cold wallets, indicating accumulation rather than distribution; only WOJAK is being deposited to exchanges, which is a minority distribution. This shows smart money is quietly hoarding memes, not pumping to dump.
My view: meme coins are emotion amplifiers—they surge the most in bull markets and fall the hardest in bear markets. PEPE has the best volatility, but I only hold a small position and never go ALL IN. I’m not chasing highs now; I’ll wait for BTC to stabilize before looking for buying opportunities on PEPE and DOGE pullbacks. Remember: meme coins trade on attention, not fundamentals.Wash's one sentence, the 77,000 defense battle begins, 97,000 people liquidated across the network🔥
$BTC current price 77500, down 3.3% in 24h. Last night, Fed Chair Wash's Jackson Hole debut hawkish statement: "Inflation is still too high, we still have work to do." The probability of a September rate hike soared from 35% to 60%, gold plunged 3% losing 4500, the dollar surged to 99.6 — BTC was smashed overnight from 81347 to 76909.
Three details:
First, the sell-off was driven by leverage, the buyers were institutions. Across the network, liquidations totaled 474 million dollars, 97,000 people were taken out, but spot ETFs have had net inflows for 9 consecutive days, August attracted over 3 billion dollars setting a record, IBIT single-day net buy was 278 million. Retail investors are cutting losses, institutions are buying at discount.
Second, month-end delivery amplifies volatility. Quarterly contract rollover plus rate hike expectations resonance, 76909 is the 24h low and also a short-term strong support; breaking it would target 75000; resistance at 79128 and 81000.
Third, on OKEx hot search, funds are still flowing into BTC, the altcoin season index is only 34/100 — altcoins, don’t rush, the big brother goes first.
In short: the harder the bears smash, the more ETFs buy. Who is naked swimming will be revealed at the September 16 FOMC💅
#BTC breaking below 77,000, is it a shakeout or a trend change?
#沃什强调通胀风险，9月加息预期升温
#BTC高位多空拉锯，黄金联动增强 #CORE
Recently consolidating around $0.025, as of 2026-08-29 approximately $0.0252 (¥0.18), down slightly 0.3%–1.4% in 24h, retracing 7%–11% over 7 days, but still up about +42%~44% over 30 days. Since the low of $0.0167 at the end of July, it has risen over 50%, not breaking the previous high.
Market cap around 31–34 million USD, ranked #520–610, circulating supply 1.24–1.33 billion tokens (total supply 2.1 billion), 24h trading volume ranges from hundreds of thousands to several million USD, liquidity is relatively thin. On August 21, non-custodial BTC staking was launched, TVL increased about 25% monthly, and the token model changed from burn to buyback, which was the main catalyst for the rebound; however, it is still down over 99% from the 2023 high of $6.14, with the long-term downtrend not reversed. In the short term, support is at $0.0245 and resistance at $0.0264, fluctuating with BTC.IS MONEY LEAVING — OR JUST MOVING?
ETF flows told a story that wasn’t as simple as capital fleeing.$BTC saw -$168.41M in net outflows,while $ETH posted -$24.26M.Yet $XRP attracted +$26.20M, $SOL +$18.08M,$HYPE +$4.48M. Combined flows across all five remained negative at -$143.91M.
The interesting part is the structure:new capital is starting to appear in smaller assets while $BTC,$ETH face pressure.It may not be Altseason yet, but #WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCrypto According to GMGN market data, the market value of the Solana ecosystem meme coin Trump Digital Gold (GOLD) plummeted by over 95% within one minute, currently dropping to $1.8 million. This meme coin is marketed as "Trump Digital Gold" and was published by @realtrumpcoins1's official Twitter account. This account specializes in promoting and selling official Trump-related commemorative coins/medals and is an official partner of The Trump Organization. Since more details have not yet been disclosed, the community generally questions the authenticity of this meme coin, suspecting account hacking. Community members remind that apparent connection to the project/website does not necessarily mean official confirmation, and quote Eric Trump's previous statement that "no one is issuing tokens, otherwise it is fraud," urging them to wait for clear endorsement before taking action. Both Chinese-language and multilingual communities generally remind you to "avoid blind FOMO" and "wait for confirmation before reconsidering." Meme coins are highly volatile and mostly have no practical use cases, so please avoid FOMO.📌StarkWare completed the first quantum-secure transaction on the BTC mainnet, a signal of great significance
This is not just a verbal concept; post-quantum cryptography is directly implemented at Bitcoin's base layer, proactively defending against quantum computing security risks.
In the short term, this is a technical demo. In the mid-term, the BTC ecosystem is not only expanding assets but also beginning to build a cryptographic moat.
StarkNet's ZK technology is spilling over externally, with new narratives expected to emerge in settlement and cross-layer verification.
Do not directly imagine a market surge, but the combination of "security upgrade + ZK narrative + BTC foundation" will attract capital attention going forward.
Focus on industry follow-up, real trading volume, and toolchain development.
In the mid-term, this is a confidence booster for the base layer; keep tracking.
#沃什强调通胀风险，9月加息预期升温
#BTC高位多空拉锯，黄金联动增强
$ETH $SOL $BTC Are there really brothers who believe in $TRUMP? Pump and dump, coin price slowly falling, retail investors taking the losses—this is Trump's old script.
Let me directly expose the dumping tactics of TRUMP this time:
1. This time the dumping method is more covert. The team didn't slam the market with market orders but put TRUMP into the Solana liquidity pool, so when others buy, it automatically converts to USDC.
It looks less aggressive but the effect is the same: chips converted to stablecoins, selling pressure dumped into the market.
2. Of course, he hasn't given up cashing out on exchanges either; 2.62 million tokens have already been transferred to OKX. What do you think he intends to do?
3. The losses for retail investors are shocking. Out of 1.4 million wallets that bought TRUMP, 1.2 million are losing money, with a total unrealized loss of 3.81 billion.
Moreover, the top 1% of profitable wallets took 80% of the profits, and they are basically all team-related addresses.
As I said before, don't trust $TRUMP. Any price surge is just an opportunity for the team to dump. This kind of coin is only good for cursing, not buying. 🔥 $CORE has a story, but the market is only asking one question right now: Where's the money? $CORE is still hovering around $0.025, with low trading volume and no clear price direction. The future painted by Core DAO is actually quite enticing — the 2026 "Revenue Era": BTC staking, SatPay, and AMP bringing real income, then capturing $CORE value through a buyback mechanism; Rev+ also plans to share part of the Gas revenue with developers. Sounds comprehensive. But investors won’t pay forever f#沃什强调通胀风险，9月加息预期升温 Wash's Jackson Hole speech this time was more hawkish than the market expected.
He clearly stated that the US PCE year-on-year is still at 3.7%, and the annualized rate over the past 6 months even reached 4.1%, which is still far from the 2% target. If inflation does not "decline clearly and quickly enough," the Fed still has work to do.
The market immediately repriced: the probability of a rate hike in September rose from about 35% to nearly 60%, the 2-year US Treasury yield surged to a one-month high, the dollar strengthened, and gold fell more than 3% in a single day.
My judgment is quite clear: short-term bearish on BTC, also bearish on high-valuation tech stocks.
The reason is not that Wash will definitely raise rates in September, but that the market had previously built a large amount of positions on the assumption that "there will be no further tightening next." Now that consensus is broken, risk assets must first readjust to higher interest rate expectations and a stronger dollar.
What will truly determine the direction next are employment and CPI. If inflation continues to stick above 3%, I believe BTC still has further downside risk; but if the data cools down again, this drop is more likely just a leverage cleanup after a rapid rise.
So, in the short term, I lean bearish, but I temporarily do not change my trend judgment for the medium term. August 24 Real Trading Summary
On that day, gold was influenced by Federal Reserve Chairman Powell's dovish rate cut signals and the market's continued warming expectations for a rate cut in September. Coupled with a weakening US dollar index and a decline in US Treasury yields reducing the holding cost of gold, the previous rebound momentum continued to release. The long-short game intensified, maintaining an overall high-level wide-range oscillation pattern. Intraday, the strategy was to trade high and low within the range combined with swing long and short positions, resulting in a total gain of 98 points!$NES finally understood that the project team wanted to withdraw the pool! It was attacked! They withdrew the pool to prevent the attacker from selling smoothly! But investors suffered heavy losses! Does the project team have no remedial measures? To compensate the investors?Schwab Adds SOL/AVAX/LINK, 5 Quick Takes
First, let's see what happened.
On August 27, Schwab, managing $13.1 trillion in client assets and boasting 39.9 million brokerage accounts, announced that in the coming months, Schwab Crypto will add direct trading for SOL, AVAX, and LINK.
Previously, the platform only supported BTC and ETH.
This is not just "adding a few more coins."
This is an upgrade in traditional finance's understanding.
Here are 5 quick takes to explain this.
Quick Take 1: From "Buying Gold" to "Buying Internet Infrastructure"
Institutions used to only recognize BTC and ETH—BTC as digital gold, ETH as a smart contract platform.
Now Schwab has chosen three new paths: SOL (high-performance L1), AVAX (interoperable L1), and LINK (oracle infrastructure).
This is not expanding categories; this is an upgrade in understanding.
From "buying assets" to "buying infrastructure"—institutions are finally beginning to grasp where the real value in crypto lies.
Quick Take 2: The Market Votes with Its Feet, But Don’t Confuse Priorities
After the news, SOL rose over 11%, LINK over 6%, and AVAX over 4%.
But remember: the price jump on news is just an appetizer; the sustained inflow after official listing is the main course.
What’s rising now is sentiment; later, it will be real money.
Don’t mistake the appetizer for the main meal.
Quick Take 3: Do the Math, It’s Shocking
Schwab manages $13.1 trillion in assets and 39.9 million accounts.
Even if only 1% of clients allocate 1% of their portfolio to these three coins—
that’s $1.3 billion in incremental funds.
Not "maybe," but "once it happens."
Traditional capital inflows are never linear growth; they crush with exponential force.
Quick Take 4: These Three Coins Outline the "Core Assets" Institutions Are Drawing for Us
SOL, AVAX, LINK—these are not randomly chosen.
One high-performance L1, one interoperable L1, one oracle infrastructure.
Traditional institutions are helping us define the "core crypto assets."
They’ve done the screening for us. This list deserves a serious look.
Quick Take 5: The Crypto Arms Race Among Traditional Brokers Has Officially Begun
Schwab has made its move.
Will Fidelity follow? Will Vanguard step up?
Fidelity, BlackRock, Schwab, and even JPMorgan have shifted from crypto skeptics to believers. Schwab’s crypto services have expanded from two assets, BTC/ETH, to five.
This battle has just begun. You’ll see more players entering before year-end.
It’s not "if," but "when."
In summary:
Schwab adding these three coins is bullish for short-term prices.
For the industry landscape, it’s a turning point.
39.9 million traditional accounts can, for the first time, buy SOL, AVAX, and LINK directly with one click in their stock app.
Once this door opens, it will never close again.
Don’t just watch the candlesticks. Watch the trend.
$BTC $AAVE $LINK $LINK #嘉信理财拟新增SOL、AVAX与LINK 🪫BTC and gold are often mentioned together as "safe havens," but this can easily mislead people.
Gold is bought for credit anxiety, while BTC is bought for the imagination of a monetary experiment.
Both can rise together at certain times, but the temperament of the funds behind them is completely different. Gold buyers can be very patient; central banks, ETFs, and long-term portfolios can endure; BTC buyers are impatient, with options, leverage, and momentum chasing funds driving the price💵 Continuing to hold $BTC short positions, no stop loss set.
Wash's debut at Jackson Hole this time was even more hawkish than the market expected. He said inflation hasn't truly come down; summer CPI and PCE data were better than expected, but "did not make me think the underlying inflation trend has meaningfully improved." He also said the economy is resilient, the financial environment is not restrictive, and current policy risks lean more toward inflation. The harshest statement was — inflation has been above target for the past 65 months, "the responsibility lies with the central bank, and it should be with the central bank." This is taking all the blame since the pandemic and then telling you: I'm about to take action.
After the speech, the September rate hike probability jumped from 35% directly to nearly 55%. Bitcoin dropped sharply from around 80,000, once touching 78,442. Now the market is oscillating between 77,000 and 79,000, don't be fooled. The rebound highs are lowering, volume is shrinking, smart money is withdrawing. Spot ETFs had a net inflow of 1.14 billion this week, over 3 billion accumulated in 9 days — with so much money coming in and still no push up, imagine how much selling pressure is weighing down above?
I still say, 78,000 is not the end, just a stopover. With Wash's shout, the macro logic has changed. Forced liquidation price? None set. Either I get liquidated or I feast big. This position doesn't deserve a stop loss.
This thing surged from 500 to nearly 890, now retracing to around 776, shorts have been shaken out several rounds. Moving against the market, the trend is strong. My habit is to wait for consecutive long upper shadows to appear, confirming increasing selling pressure, before considering action. No signal yet, no rush.
The main battlefield is only $BTC, stay focused. $ETH Ethereum couldn't hold up today and was pushed down along with the broader market.
As soon as Wash's hawkish speech came out, the valuation pressure on risk-free assets immediately transmitted, causing ETH to drop below $2500, down about 3% in 24 hours, with an intraday low around $2270. Actually, before this sell-off, ETH had just climbed up from a low point. BitMine disclosed holding 4.98 million ETH, accounting for 4.12% of circulating supply, with 3.33 million staked. The annual staking yield alone is $221 million, proving it's truly the world's largest ETH treasury.
The capital side is even stronger than Bitcoin. This week, spot ETH ETFs saw a net inflow of about $187 million, the largest weekly inflow since 2026, while Bitcoin ETFs experienced net outflows during the same period. Big money is rotating from BTC to ETH, a signal worth watching. Technically, the 2400 to 2500 range is the current tug-of-war zone between bulls and bears, with strong support between 2050 and 2150. Breaking below here would be seriously damaging. On the upside, reclaiming 2500 is needed first, then look towards 2700.
My judgment is that this ETH drop isn't due to its own fundamentals but purely a macro-driven sell-off. The staking rate locks about 34% of the circulating supply, with clear institutional backing. The problem is short-term moves are being led by US Treasury yields. Those wanting to get in shouldn't rush; wait until 2500 is reclaimed before discussing the trend. For now, treat this as a shakeout during consolidation and don't be scared out of your position by a single bearish candle. 🔥The market panics! Interest rate hike expectations arrive, funds abandon high-risk assets, and turn to buy a bottle of Coke?
After the hawkish speech at Jackson Hole, the probability of a rate hike in September has risen sharply.
Crypto and growth stocks have plummeted, and market risk aversion sentiment has surged.
$KO Coca-Cola, a classic safe haven during rate hike cycles.
Long-term holding by Buffett, increasing dividends for 64 consecutive years, stable cash flow, and strong low-volatility defensive characteristics.
When the market starts fearing liquidity tightening, funds will flock to this kind of certainty asset, betting on risk premium.
⚠️But be clear:
This is just short-term sentiment trading, not a value buying signal.
After the risk-off rally fades, funds will quickly withdraw, and valuation correction risk is high. Avoid blindly chasing highs.The traditional brokerage "crypto arms race" officially begins: Schwab makes a move, will Fidelity follow?
On August 27, Schwab dropped a bomb.
In the coming months, the Schwab Crypto platform will add direct trading for SOL, AVAX, and LINK.
They just launched BTC and ETH in May, and only three months later, they're expanding again.
This is not a single move, but a combination of actions.
First, let's understand what this means.
Schwab, a giant managing $13 trillion in client assets.
Nearly 40 million brokerage accounts across the U.S., with trillions of dollars flowing through this platform.
Before May, this company didn't even touch Bitcoin. Launching BTC/ETH in May already made Fidelity and Vanguard uneasy.
Now, three months later, they directly expand to SOL, AVAX, and LINK.
Joe Vietri, Schwab's Head of Digital Assets, said: "Clients will have more choices to build digital asset allocations within the familiar and trusted Schwab investment and banking experience."
In plain language: we're not just testing the waters; we're serious about this.
What does this mean?
Schwab's clients are typical mainstream traditional investors—401(k), retirement accounts, wealth management clients.
When these people open the Schwab app and can buy and sell SOL and AVAX alongside stocks and bonds with one click—
the "last mile" for crypto assets is being completely unlocked.
Even more aggressive is the fee structure: 75 basis points per trade, zero spread.
75 basis points isn't cheap for high-frequency traders. But Schwab's target has never been high-frequency traders.
Their target is that even if only 1% of those 40 million accounts and trillions in assets want to allocate some crypto—that's hundreds of billions in incremental funds.
Moreover, Schwab is planning physical deposit and withdrawal functions, allowing clients to transfer existing crypto holdings directly in without selling and repurchasing.
This effectively opens the door to "stock crypto funds."
Who feels the pressure now?
Fidelity.
Fidelity actually started early. In 2019, they launched Fidelity Digital Assets for institutions, offering custody and trading services. In 2023, Fidelity Crypto opened to retail, allowing commission-free trading of BTC and ETH.
Fidelity even launched its own stablecoin, FIDD, in February this year.
But the problem is—Fidelity's retail crypto trading still only includes BTC and ETH.
When Schwab launched BTC/ETH in May, Fidelity could still say, "We have that too." Now Schwab has expanded to SOL, AVAX, and LINK.
Will Fidelity follow?
If not, clients will ask: Why can Schwab buy Solana, but you can't?
If yes, it means admitting Schwab is setting the pace in this space.
This is the brutal advantage of being first—if you define the standard, competitors can only chase.
Vanguard.
Wall Street's most stubborn crypto skeptic. For years, they've said Bitcoin is too volatile and unsuitable for long-term investors.
But in July this year, Vanguard started recruiting a digital asset lead.
The job description includes: developing a multi-year digital asset roadmap, evaluating tokenization, stablecoins, custody, and other opportunities.
Saying no with their mouth, but their body is honest.
But Vanguard is still in the "evaluation" phase. Schwab is already implementing.
Robinhood.
Robinhood has long allowed trading of dozens of crypto assets and launched zero-fee trading for over 50 cryptocurrencies in the UK in August.
But Robinhood lacks one thing: the trust endorsement of "traditional wealth management" like Schwab.
Robinhood's users are retail, young, and gamblers. Schwab's users are wealthy, retirement accounts, family offices.
When a $13 trillion wealth management giant says "crypto can be allocated"—the signal is completely different.
A bigger issue: regulation.
A player of Schwab's scale fully entering the crypto market will push regulators to accelerate clarity.
U.S. lawmakers are already advancing legislation to regulate the crypto market structure.
When a $13 trillion institution says "we want to do this," Washington's pace can only speed up.
Clear regulation → more institutional entry → larger capital inflows → higher prices—this flywheel is being driven by Schwab.
The only keyword for the second half of 2026: traditional brokerages rushing into crypto.
Schwab fired the first shot.
Launched BTC/ETH in May, expanded to SOL/AVAX/LINK in August.
The pace is accelerating, the categories are broadening.
In the next 12 months, you'll see everyone follow.
Fidelity will follow. Vanguard will follow. All traditional financial institutions that don't want to be left behind will follow.
This is no longer a question of "whether to do crypto."
It's a question of "if you don't follow now, it'll be too late."
What does this mean for ordinary investors?
Don't just focus on the candlestick charts.
A bigger narrative is unfolding: crypto assets are shifting from "fringe casinos" to "mainstream allocations."
When your retirement fund manager can allocate SOL with one click—the fundamentals of this market have completely changed.
Short-term volatility will always exist. But the direction may already be written in Schwab's announcement.
$BTC $AAVE $LINK #嘉信理财拟新增SOL、AVAX与LINK 🟠. Since 2021, capital was heavily pulled toward the AI and mega-cap tech trade, making BTC look expensive to own relative to other opportunities. But the setup may be shifting. With Bitcoin back around $80K and U.S. spot BTC ETFs seeing roughly $2.8B of inflows during the latest rally, institutional demand is clearly returning. If AI valuations become increasingly crowded while liquidity rotates toward alternative assets, the bigger risk over the next few years may not be owning Bitcoin — it mThe more AI servers stack up, the more optical modules become the most easily underestimated "highways".
Simply put, GPUs handle computing, while optical modules enable high-speed data transmission between GPUs. It was manageable when a few hundred cards were interconnected, but now AI clusters can easily have tens of thousands or even hundreds of thousands of GPUs, causing a surge in data volume. Traditional copper connections can't handle the distance and power consumption, so 800G and 1.6T optical modules naturally get upgraded.
So, what I focus on in this sector is not the "AI concept" itself, but the simultaneous occurrence of speed upgrades and shipment growth. Overseas, the more direct examples are $COHR and $LITE, while domestically, core suppliers include Zhongji Xuchuang and Newisland. Further upstream, you can see optical chips, lasers, and DSPs; the larger the AI cluster, the more these components are used.
However, the biggest issue with optical modules now is that their prices have risen quite a bit. I won't blindly chase just because AI CapEx continues to increase; instead, I want to watch the volume ramp-up speed of 1.6T modules, orders from leading cloud providers, and gross margins. As long as these three metrics don't decline, optical modules are very likely to remain a highly performance-elastic segment within AI hardware.🔥Rising expectations of interest rate hikes, capital fleeing growth stocks, "a bottle of sugar water" becomes a market safe haven
Jackson Hole hawkish remarks landed, September rate hike expectations soared to 58%, US Treasury yields rose, risk assets under pressure and corrected. Capital begins risk rotation, $KO Coca-Cola re-enters allocation view.
As a long-term holding of Buffett, with 64 consecutive years of stable dividend increases, a beta value of only 0.34, and volatility much lower than the market, it is a classic defensive asset in the rate hike cycle. Essential consumption, strong pricing power, stable cash flow, during liquidity tightening phases, certainty premium will be re-priced by capital.
✅Long logic (risk-hedging allocation):
In a rate hike environment, high-volatility growth stock valuations contract, risk-averse capital flows into leading essential consumer stocks, relying on stable dividends and resilient performance to hedge market corrections.
⚠️Risk warning:
Current valuations already have obvious premiums; trading is on risk-hedging sentiment, not high-speed performance growth. Once rate hike expectations fade and risk appetite recovers, capital will quickly flow out, and valuations face correction pressure.
This is only a macro logic deduction and does not constitute investment advice; pay attention to position management. #沃什强调通胀风险，9月加息预期升温 BTC's pricing anchor is shifting—from tech stocks to gold.
After BTC broke through 80,000, it has been consolidating at a high level, with bulls and bears both waiting for direction. Continuous net inflows into ETFs represent solid buying, but profit-taking and short positions are also increasing simultaneously. The high-level consolidation itself indicates growing divergence.
However, the most noteworthy aspect is not the bull-bear ratio, but that the correlation between BTC and gold has risen from near zero at the start of the year to over 50%, while its correlation with the Nasdaq 100 has dropped to 33%. Simply put, the market is redefining BTC—from being the "little brother of Nasdaq" to a "hedge against fiat depreciation." The Treasury's expansion of long-term bond repurchase scale, a weakening dollar, and the market's "devaluation" narrative are forming the new pricing anchor for BTC.
In the short term, the 80,000 level is indeed a battleground, with both bulls and bears having their reasons. But the nature of capital has changed, the pricing anchor has changed, and using the old framework to judge BTC's direction may cause problems. As long as U.S. Treasury yields remain under control, BTC's support logic is no longer based on tech stock earnings expectations but on the loosening of dollar credit. The tug-of-war between bulls and bears will continue, but the sense of direction has already changed. $BTC $XAU @OKX星球 In every bull market, the market gently soothes people's past wounds with a brand-new narrative. In March 2024, when Bitcoin reached $73,000, the air was no longer filled with fear but with almost certain faith—everyone was talking about 100,000 or even higher. Even more subtle, everyone coincidentally believed an old rule: once Bitcoin breaks its all-time high, the altcoin season will arrive as scheduled. Thus, a large-scale position rotation quietly occurred. Many people exchanged their Bitcoin for altcoins, betting on a chance to "change their fate" and waiting for a rebound rally. However, history did not repeat itself according to the script. $73,000 not only became Bitcoin's peak stage but also a wall many altcoins struggled to surpass. Then the market turns bearish, and the floating gains accumulated during the bull market reced like a tide, leaving only the net value of drawdowns and silent accounts. This is not a broken pattern, but rather a more subtle way of reminding us: when everyone starts relying on "past experience," experience itself becomes the greatest risk. The higher the consensus, the more wary you must be of that opposite lead line. The top of a bull market often does not end in panic but ends optimistly with "this time is different." New stories, new logic, new beliefs willingly make people forget the lessons of history. The same scene plays out in a bear market. This June, market sentiment was extremely pessimistic, with 50,000 and 40,000 Bitcoin prices becoming the talk of the streets and alleys. Everyone was gearing up, ready to catch the "band" at a lower level$SOL ETH 2448 — Stuck
Hit $2500, back to square one. ETH frozen at 2448.
Clear script: Treasury bond buying pumped ETH to $2500. Then Warsh turned hawkish at Jackson Hole — ETH back to $2425. Both sides played their hands, price ended where it started.
Fund flows: ETH spot ETFs saw $740M net inflow last week — institutions staying, just pausing. But $220M liquidated in one hour, ETH🥏After entering March, the operational style of the whale wallets has shifted from previous stop-loss selling to continuous accumulation during the decline. This time, there are two whale addresses that have cumulatively withdrawn 318,000 SOL from Binance and Kraken exchanges, showing a stark contrast to the one-way outflow trend of the past two months.
Address 5p6zPz is the most valuable to track: this address ended a four-month silence and resumed adding positions on March 18. Even with a paper loss exceeding $8 million at that time, it continued to buy; now this address has once again increased its holdings, and the average cost of the position has likely been diluted below $100.
The withdrawal destinations of different addresses also reflect distinctly different position management strategies:
Address 3WzfuP transferred out 37,000 SOL from Kraken, a relatively limited scale, most likely used for hedging trades or staking lock-up; while the large 280,000 SOL chips withdrawn from Binance are a typical long-term coin hoarding signal.
Looking back to June 19, whales deposited a total of 308,000 SOL into Kraken and Bybit, which was a loss-taking exit. In comparison, the current operations are more about resetting the cost basis of previously trapped chips rather than new external funds entering the market. The overall market chip volume has not expanded; it is merely a transfer of chips from exchange accounts to cold wallets.
#嘉信理财拟新增SOL、AVAX与LINK
#沃什强调通胀风险，9月加息预期升温
$BTC $ETH $SOL Waller has been in office for 100 days, and Jackson Hole is considered his true public debut.
The market has now pushed the probability of another rate hike close to 60%.
Is he going head-to-head with Trump? Let's look at the calculations behind this.
Don't simply think he naturally loves raising rates.
The new chairman is in a tough spot; inflation hasn't obediently dropped as expected.
If he loosens monetary policy and cuts rates too early, all the previous efforts to curb inflation would be wasted, and politically it would be hard to justify.
But if he keeps raising rates aggressively, stocks, crypto, and real estate assets can't hold up—it's a lose-lose situation.
Everyone outside is guessing which side he'll lean toward, but Waller is actually playing more with expectation management.
He talks hawkishly to keep inflation expectations in check, but he might not actually follow through with a real rate hike.
Market sentiment is being pulled back and forth by his rhetoric, though you shouldn't expect to get any concrete information from his words.
A common pitfall for retail investors:
They obsess over whether he'll specifically talk about crypto.
That's overthinking; crypto is just a side topic.
His focus is always on inflation, employment, and the dollar's credit.
The 60% rate hike probability is just a market trading vote, not a decision. A high probability doesn't guarantee it will happen.
Many funds have already bet and positioned themselves in advance.
If the final outcome falls short of expectations—whether dovish or status quo—those who bet on a rate hike will immediately reverse their positions, either selling off or buying up.
Don't take probabilities as facts.
What really kills the market is often not the expectations that have already been priced in.Bitcoin's $80,000 level has yet to be broken, and the reason may have been found
$BTC has been fluctuating around $80,000 these past few days, and there is actually a very important reason behind it.
On August 28, about $6.4 billion worth of BTC options expired, with a large number of call options concentrated near $75,000 and $80,000. The hedging actions of market makers before expiration can easily cause the price to be "pulled" around these key strike prices.
#WalshInflationRisk 📌 Where is the market headed next?
As is well known, Bitcoin has experienced a wild rally over the past few days.
Although the full set of triggers cannot be completely confirmed, I believe the main driver is most likely the U.S. Treasury's announcement to double the scale of long-term Treasury repurchases.
· Core logic: To complete the repurchase, the Treasury needs to issue new short-term debt, which will lower bond yields. This increases the investment appeal of stocks, cryptocurrencies, and precious metals as the market seeks other assets to hedge against inflation.
· Direct manifestation: This also explains why gold and Bitcoin surged simultaneously after the announcement.
🔥 A historically rare weekly gain
What is particularly noteworthy this round is that Bitcoin’s 23% weekly gain is the largest since March 2023.
Generally, such strength only appears at the start of a new bull market cycle. Therefore, there is reason to believe the market bottom has been established, even if this means the current bear market is ending faster than usual.
⚠️ Risks to consider
Even with macro catalysts, several points need attention:
1. EMA key support: The current 200-day EMA is around $72,000. There is a possibility of a pullback to the $72,000–$73,000 range before moving upward.
2. U.S. stock market volatility risk: The U.S. stock market has been almost flat for months, signaling potential for sharp moves. If the stock market crashes in Q4 (common in midterm election years), it could drag the crypto market down.
3. Shortest bear market: If the bottom is confirmed, this will be Bitcoin’s shortest bear market in history (only 10 months from peak to trough).
🎯 Key support and resistance levels
· Bullish baseline ($72,000): As long as it holds above this, I lean bullish. The $72,000–$73,000 range is historically very strong support.
· Bull-bear dividing line ($82,000–$83,000): In May 2026, failure to break through formed a "bull trap." Volume-backed confirmation above this level is needed to confirm a bull market. Once effectively above, the $60,000 range is unlikely to reappear.
💡 Where is the market headed next?
I believe $BTC is most likely to hold $72,000 and continue upward. Preparing plans for every scenario helps avoid impulsive trades. Regardless of whether new lows occur this year, I keep funds reserved.
🪙 Altcoin trading logic
In 95% of cases, altcoins follow Bitcoin; my altcoin strategy heavily depends on BTC’s trend.
· Coin selection criteria: Prefer coins that generate income and have active communities on platform X. Traffic and attention are crucial drivers of coin prices.
· Trading approach: Most altcoins are not held long-term. Only continue holding if they consistently outperform the market or have clear catalysts; if they weaken for several consecutive weeks, immediately rotate into stronger coins.
#BTC高位多空拉锯，黄金联动增强 Sự kiện Chủ tịch Fed Kevin Warsh phát biểu tại hội nghị Jackson Hole vào lúc 21:00 tối ngày 28/08/2026 mang sắc thái khá cứng rắn (hawkish) khi nhấn mạnh tầm quan trọng của việc kiểm soát lạm phát và giữ ngỏ khả năng tăng lãi suất, khiến thị trường tài chính và các tài sản rủi ro biến động mạnh. Đối với các nhóm altcoin hoặc các đồng coin đang tăng mạnh trên sàn OKX tại thời điểm đó, thông tin này tạo ra áp lực và hệ quả cụ thể: Tăng trưởng nóng bị chặn đứng (Áp lực chốt lời): Các đồng coin đangTonight, the Jackson Hole annual meeting welcomes the debut of the new Federal Reserve Chair, Waller, with the market holding its breath for this key speech that could define the trend for the week. Bitcoin currently remains steady above $80,000, while Ethereum and SOL are warming up in sync. However, the driving forces behind this rally are not expectations of rate cuts but rather the rising heat in the AI sector, continuous inflows into ETFs, and an overall improvement in risk appetite.
The market is truly focused on three core points: First, in the face of the recent rapid rise in long-term bond yields, whether Waller will regard it as passive tightening and remain silent or hint at the need for active intervention, which will directly determine the short-term bullish or bearish rhythm; second, whether he will release a tough stance on inflation, leaving open the possibility of further rate hikes; third, if the speech is vague and lacks clear policy guidance, the market is very likely to interpret it as bearish, triggering selling pressure.
From the market perspective, $BTC faces strong selling pressure in the $80,000 to $80,400 range. If the speech is hawkish or ambiguous, a short-term dip to around $78,500 is possible; if unexpectedly a dovish signal is released and it holds above $82,000, it could advance toward $85,000. The market is currently at a directional choice node, with high sensitivity in sentiment and potentially significant volatility. Risk warning: Policy statements carry high uncertainty, crypto assets are highly volatile, please control positions cautiously and assess risks rationally.From historical patterns, whenever August closes with a red candle, September mostly trends downward.
It seems history is repeating itself now: August this month also closed with a red candle, and at the end of the month, an unexpected news event occurred.
This is one of the key reasons I judge that the market in September is likely to weaken. $BTC $ETH $SOL SOL's 12% rise is just the appetizer — Schwab's 40 million accounts haven't even started yet
Yesterday, Schwab announced: In the coming months, SOL, AVAX, and LINK will be added to Schwab Crypto.
The market immediately voted with money.
SOL surged over 11% in 24 hours, reaching $110 at one point. LINK rose over 6%, AVAX over 4%.
Looks lively, right?
But I have to say something harsh — this increase isn't even an appetizer.
The real main course hasn't been served yet.
What scale is Schwab?
39 to 40 million brokerage accounts. Managing over $12 trillion in client assets.
On August 13, Schwab just enabled direct trading of BTC and ETH for these 40 million accounts. Only two weeks later, they announced adding SOL, AVAX, and LINK.
From launching in May to expanding in August, it only took three months.
The pace is too fast for a traditional financial institution.
What does this mean? It means demand is there, and they can't wait.
But note — these tokens aren't officially live yet.
The announcement said "in the coming months." The exact date? Unknown.
The current price rise is "news-driven" — speculative money is front-running.
The real buying? That will start after the official launch in the coming months.
When the gateway for 40 million accounts truly opens, that will be the main course.
Some might say: 0.75% fees aren't low.
For retail investors, it does sting a bit. But for institutional-level funds — being able to trade crypto alongside stocks in the same account through a mainstream broker's compliant channel — this cost is negligible.
Convenience, security, compliance — worth the price.
Schwab itself says this is "one of the lowest in the industry."
More importantly — among these 40 million users, how many have never used Coinbase? How many have avoided crypto because it was too complicated?
These people now just need to open Schwab's app, tap twice, and they can buy SOL.
This incremental capital hasn't entered the market yet.
So don't get it backwards —
SOL's 12% rise means the market is saying "I heard you."
When Schwab's 40 million users can actually place orders, the market will say "I did it."
One last honest word:
Don't FOMO chase just because of an announcement.
Schwab's launch is a long-term story, not something that will be realized tomorrow. Short-term price swings are speculative sentiment, not value discovery.
Distinguish these two, and you can make real trend money.
The current rise is just the appetizer.
The main course hasn't arrived yet, so don't rush to pay the bill.
$BTC $ETH $SOL #嘉信理财拟新增SOL、AVAX与LINK After the hawkish remarks at Jackson Hole, the market quickly repriced: the probability of a Fed rate hike in September surged from 35% to 58%. U.S. Treasury yields rose, liquidity tightening expectations intensified, and various risk assets simultaneously came under pressure and declined.
The crypto market was hit by the macro downside as well:
**BTC** faced macro selling pressure after surging to 81,000, retreating to around 76,800. Although ETH still saw continuous inflows, it also pulled back from above 2,500 to around 2,400. $ZEC showed relative resilience but also experienced a significant pullback from the 880 high.
Rising rate hike expectations are the main suppressing factor in the current market. Short-term upside pressure is evident, and the market is likely entering a consolidation phase, making blind chasing of longs risky; at the same time, heavy short positions are also inadvisable as institutional buying support remains in the market. The recommended approach is to stay on the sidelines and wait for clearer direction.
$ETH: The price movement is highly correlated with Bitcoin but with greater volatility. It tends to lead on the upside when the market warms up, but during macro downturns, its pullbacks are often more severe than BTC. Currently, there is no independent positive catalyst, so it passively follows the market, with both bulls and bears in a relatively passive struggle.
$ZEC: It is inherently highly volatile with strong rebound momentum but heavily dependent on the overall market environment. During market weakness, its pullbacks can be severe as well. Trading rebounds is a high-risk trial-and-error strategy, and heavy bottom-fishing is not recommended.Apple's current $4.67 trillion market cap corresponds to a 10x P/S ratio, with the core issue being whether the $466.82 billion revenue growth can support the high valuation multiple and AI investment.
$AAPL stock is trading at $319.70, with a 24-hour turnover of $38.5 million. The $4.67 trillion market cap shows a higher valuation premium compared to Microsoft's $3.81 trillion and Google's $4.24 trillion, as the market has already priced in expectations for computing power deployment.
The primary driver is the actual growth rate of the $466.82 billion annualized revenue, the secondary driver is the monetization efficiency of AI capital expenditure on hardware and services, and the tertiary driver is the macro interest rate environment's pressure on the 10x high P/S ratio.
The bullish scenario triggers if the P/S valuation expands to 12x or the annualized revenue growth exceeds market consensus. It is necessary to observe whether 13F institutional holdings continue to increase net positions and whether the combination of terminal hardware and AI service payments can further boost gross margins.
If subsequent earnings reports show increased computing power expenditure but revenue growth lags behind industry peers, the P/S expansion scenario will fail.
The bearish scenario triggers if rising macro interest rates suppress high multiple valuations or regulatory litigation causes the market to reassess business model risks. In this case, there is a risk of valuation converging downward, requiring close attention to declines in buyback amounts and order backlog data.
If the company announces an expansion of stock buyback programs to hedge against valuation downgrades or if the scale of paying users experiences explosive growth, the downward correction trend will end prematurely.
This trading analysis fails if core financial indicators change by more than 30%. Key breach thresholds include slowing revenue growth or a sharp mean reversion of the 10x P/S ratio.
In the next 7 days, focus on changes in 13F institutional holdings, updates on order backlog data, and interest rate trends' pricing pressure on high-valuation tech stocks.
#Stripe财团据报退出，PayPal盘前重挫 #Meta巨额和解后股价走高，风险定价重估 #BTC高位多空拉锯，黄金联动增强The new menu of the $13 trillion giant: Your 401(k) can now buy altcoins
Charles Schwab, the brokerage giant managing $13 trillion in client assets.
On August 27, it did something—
announced it will add SOL, AVAX, and LINK to the Schwab Crypto platform.
If you have an account at Schwab, what does this mean?
Your 401(k) or IRA retirement account will soon be able to buy altcoins directly.
Not through ETFs as a detour, not getting gouged by Grayscale trusts—buying spot directly.
This is not crypto speculation.
This is a paradigm shift in asset allocation.
Here’s the question—if you’re an ordinary Schwab client who usually buys stocks, bonds, BTC, and ETH, now you have three new options.
What exactly are they?
Let me translate it into terms you can understand:
SOL ≈ "The AWS of the crypto world"
Solana is a cloud computing platform hosting applications and ecosystems. Just like companies move servers to AWS, developers deploy apps on Solana. In August, Solana processed 1.2 billion non-voting transactions in one week, setting a record. Its RWA (real-world asset) value just surpassed $4 billion. This is not vaporware; it’s infrastructure in operation.
AVAX ≈ "The Azure of the crypto world"
Avalanche is another enterprise-grade cloud solution focusing on speed and interoperability. Institutions are moving from the "exploration phase" to launching stablecoins, asset tokenization, and RWA applications on Avalanche. You can think of it as Microsoft Azure—competing with AWS but each with its own clients and ecosystem.
LINK ≈ "The data plumber of the crypto world"
Chainlink’s job is simple: feeding off-chain data onto the blockchain. Stock prices, weather data, game results—the blockchain can’t see these itself; LINK delivers them. The total transaction value it secures has reached $33.43 trillion. Standard Chartered Bank just started covering LINK in August, setting a target price of $200.
Got it?
Schwab isn’t picking the "next Bitcoin." It’s picking "infrastructure."
Why now?
Schwab Crypto launched only in May this year, initially supporting only BTC and ETH.
From May to August, a 3-month observation period.
Schwab isn’t reckless; it’s one of the most conservative brokerages in the U.S. It dares to take the second step for only one reason—
client trading activity in BTC/ETH has met the threshold.
Data shows 73% of institutions plan to increase digital asset allocations. 63% of institutions’ motives for allocating crypto assets are diversification and client demand; speculative motives have plummeted from the highest share two years ago to just 15%.
In plain language:
Institutions buy crypto assets not to "gamble," but because "clients want it, so I must allocate."
The numbers behind this are even more frightening.
Morgan Stanley, Wells Fargo, UBS, and Bank of America Merrill Lynch’s wealth platforms collectively manage about $20 trillion in assets.
If they allocate just 1% to crypto assets—
that’s a sustained inflow of $200 billion.
Schwab’s move is not the end.
It’s the starting gun.
"If your 401(k) or IRA is at Schwab, now you can allocate crypto assets in the same account. This is not crypto speculation; this is a paradigm shift in asset allocation.
Before, to buy altcoins, you had to register on exchanges, manage wallets, worry about losing private keys, and fear exchange collapses.
From now on, in the Schwab app, stocks, bonds, BTC, SOL, AVAX, LINK—just a few swipes, all done.
Fees are 75 basis points, among the lowest in the industry.
Wall Street has turned altcoins into "wealth management products."
But don’t forget—
Schwab’s April research report itself says: crypto assets are "highly speculative, high-risk assets," and even allocating 1% to 3% can significantly increase portfolio volatility.
BTC and ETH have both dropped more than 70% before.
SOL, AVAX, and LINK will only be more volatile.
This is not advising you to go all in.
It’s telling you: the rules of the game have changed.
$BTC $ETH $SOL #嘉信理财拟新增SOL、AVAX与LINK Trump has put "Gold" on the blockchain.
Today, the official Trump Coins system launched Trump Digital Gold, with the token code $GOLD. Strictly speaking, it is more accurately described as a "crypto project launched by the officially authorized Trump gold coin system," rather than being directly issued by Trump himself.
After $GOLD launched, its market value once surged to about $13.8 million, with intraday gains exceeding several hundred times. The mechanism also tells a story: a 4% transaction fee is charged, and it is claimed that 99% of this fee is used to buy back $GOLD.
But here’s the key point—just because it’s called Digital Gold doesn’t mean it is "gold on the blockchain." From the publicly available information so far, I haven’t seen clear physical gold backing, custody, auditing, and redemption mechanisms like those of $PAXG or $XAUT. So at this stage, it looks more like "Trump IP + Meme + buyback mechanism" rather than gold RWA.
Additionally, on-chain data shows that $GOLD’s liquidity is not very deep, and the concentration of holdings is relatively high. In other words: the market cap might excite you, but liquidity determines whether you can actually exit.
Next, the focus is on three things: whether Trump himself publicly speaks out, whether gold reserves or real asset backing are disclosed, and whether buybacks continue to be transparent on-chain.
In a nutshell: what’s most valuable about $GOLD right now might not be "Gold," but "Trump."Jackson Hole Code: Unspoken Rate Hike Already Priced In by the Market
At the Jackson Hole annual meeting, Walsh did not directly announce a rate hike in September, but his entire speech was filled with hawkish signals.
The core of the 16-page speech can be summarized in three points:
✅ Inflation remains the primary risk: More than half of the components in the PCE basket have increases above 3%, and recent data shows no substantial improvement in underlying inflation;
✅ Strong economic resilience: Credit spreads are at historic lows, and the current financial environment is not sufficiently restrictive;
✅ Abandon traditional forward guidance: The market should no longer rely on Federal Reserve speeches to make trading decisions.
The market reaction was much more straightforward than the statement:
CME futures show the probability of a September rate hike soaring from 35% to 50-60%; the 2-year US Treasury yield rose by 10 basis points; gold plunged over $100; Bitcoin quickly dropped from 80,000 to 77,812.
Institutions quickly adjusted expectations: Deutsche Bank predicts two 25 basis point hikes in September and December, with futures pricing the probability of cumulative hikes ≥50 basis points before December rising to 51%. Former Federal Reserve Vice Chairman Brainard commented: This speech itself is an implicit forward guidance, essentially laying the groundwork for a rate hike.
Going forward, the Federal Reserve will no longer provide a clear interest rate path, volatility will become the norm, and valuation logic for various assets will need to be repriced.
⚠️ This article is only a market review and does not constitute investment advice. $ETH 2448 — Stuck
Hit $2500, back to square one. $ETH frozen at 2448.
Clear script: Treasury bond buying pumped $ETH to $2500. Then Warsh turned hawkish at Jackson Hole — ETH back to $2425. Both sides played their hands, price ended where it started.
Fund flows: ETH spot ETFs saw $740M net inflow last week — institutions staying, just pausing. But $220M liquidated in one hour, ETH accounted for $62M #WalshInflationRisk #BTCGoldCorrelation #SchwabExpandsCrypto When Bitcoin quietly replaces the load-bearing walls of this building, what we see is not a repair but a complete structural foundation overhaul. The 90-day gold correlation has surged from zero to 50%, while the Nasdaq correlation has dropped to 33%. This is not a cosmetic repaint of the exterior walls; it is a redistribution of load on the architectural blueprints—Bitcoin is being transformed from a "tech risk model unit" into a "currency devaluation bunker."
ETF net inflows are the concrete poured by external funds, indeed solid, but on the other side, profit-taking, options hedging, and leveraged shorts act like a row of temporary support columns. They hold up the floor but also remind engineers that the building has not yet passed stress testing. Large on-chain long positions are several heavy-duty tower cranes pushing the building upward, but high interest rates are the soil bearing capacity parameters of the foundation—if the groundwater level suddenly drops, even the most splendid glass curtain wall cannot avoid uneven settlement.
What truly needs attention is not the surface correlation curves but the welding quality of the structural connections. Can the gold shear wall withstand the newly added floor? The old bolts on the Nasdaq side have loosened; if both foundation systems pull simultaneously, the bending moments at the joints will cause unpredictable plastic hinges in the beams and columns. The market is currently debating whether this foundation shift is a permanent design change or a temporary bridge built by the construction crew. But according to the blueprints, no proper architect would allow a skyscraper to rely on two conflicting foundation systems simultaneously.
When a skyscraper is pulled by two foundation systems at once, the final completion plan often cannot be drawn as a straight line. #BTCGoldCorrelation The overall setup was originally correct, but I got schooled by the stop loss.
Lately, I've been less inclined to actively set stop losses, so I just open 50x isolated margin positions without adding margin, treating the liquidation point as the stop loss, letting two points take me out directly to avoid the itch to trade. Honestly, this round was a bit greedy; when the spike happened, I was gaming with friends and thought I could hold a bit longer, but when I looked back, I had already taken a loss.
The entry position was actually fine. After Wash spoke, there was a strong hawkish tone, but no clear announcement of the Fed's policy framework. Gold and BTC both plunged in response, with gold even breaking below $4500. The market experienced a double whammy of long and short liquidations, first sweeping me out, then the price gradually moved down, which was really a bit of a psychological challenge. No choice, a 2:1 risk-reward ratio naturally has a low win rate, so I have to accept it.
Let's see if there is any news this weekend, and meanwhile observe whether BTC and ETH can develop an independent trend unique to the crypto market during the global market holidays. $BTC $CORE Pie in the Sky — Waiting
CORE at $0.025, no volume, no direction.
Core DAO's pitch: "Revenue Era" 2026 — real fees from BTC staking, SatPay, AMP → buyback $CORE . Rev+ shares Gas fees with devs. Logic closed.
But pie needs eaters. App fees: ~$59K/month. On-chain Gas: a few hundred bucks. SatPay still in beta. $150M $BTC from Maple settlement — can it be safely returned? Sword overhead.
Narrative in whitepaper, price hasn't moved. Downside $0.018, upside $0.035–$0.04.
#DailyOrbit [Pharaoh's Market Watch]
What exactly did Waller say last night? Is a September rate hike certain?
Pharaoh directly states that he didn’t call for a rate hike but planted plenty of hawkish signals. The 16-page speech boiled down to three sentences: First, inflation remains the number one enemy; over half of the items in the PCE basket have risen more than 3%, and recent data shows no substantial improvement in core inflation. Second, the economy is strong, credit spreads are at historic lows, making it "hard to describe current financial conditions as restrictive." Third, completely scrap forward guidance; the market shouldn’t keep staring at the Fed looking for the next trade.
The market reacted more honestly than his words. CME data shows the probability of a September rate hike jumped from 35% straight to 50%-60%, the 2-year Treasury yield rose 10 basis points, gold plunged over $100, and Bitcoin dropped from 80,000 to 77,812.
Deutsche Bank added fuel to the fire, expecting 25 basis points hikes in both September and December. CME shows the probability of cumulative hikes of 50 basis points or more by December has surged to 51%. Former Fed Vice Chair Brainard put it bluntly: "This itself is a form of forward guidance, sounding like a search for a rationale to hike."
Pharaoh’s takeaway: Waller didn’t call for a rate hike, but the hawkish signals are fully planted. Whether September hikes or not depends on August CPI data! $BTC $ETH $SOL #沃什强调通胀风险，9月加息预期升温 Walsh did not tell the market whether there would be a rate hike in September, but he did tell the market something more important—the 2% inflation target would not be negotiated, and if inflation did not come down, the Fed would continue tightening. This may be Walsh's most important public appearance since taking office. On August 28, Federal Reserve Chairman Kevin War delivered his first keynote speech since taking office. The market was originally waiting for an answer: Will the Fed cut rates in September? But Walsh did not provide an answer, not even offering so-called "forward-looking guidance." But if you read through these 16 pages of speech, you'll find he actually drew a map for the market that matters more than the interest rate path: the future Fed may no longer be responsible for giving you the answers, but for telling you the rules. And this may be more important than a single rate hike or the rate cut itself. 01 Why is the whole world focused on Jackson Hole, this small American town? Many people first hear about Jackson Hole and think it's just an annual central bank meeting. But that's not the case at all. The Jackson Hole Economic Policy Symposium is hosted by the Kansas City Fed, first held in 1978, moved to Jackson Hole, Wyoming in 1982, and has since gradually become one of the most closely watched annual policy events by central bank governors, economists, and financial markets worldwide. The reason is simple: it's often not the place to release policies, but the place to change market expectations. In 2012, Bernanke discussed QE here; In 2020, Powell redefined the average inflation target here