🗞️Daily Market Brief
⭐News Brief
- On August 14, U.S. #BitcoinETFs saw a net outflow of 1,316 #BTC.
- On the same day, U.S. #EthereumETFs had a net outflow of 1,736 #ETH.
- Futures traders have raised the probability of a 25 basis point rate cut by the Federal Reserve in September from 65% on Wednesday evening to 74.5%.
- Donald #Trump Jr. has launched a #Telegram channel called "The DeFiant Ones" to introduce an upcoming crypto project.
- Currently, 701 funds have reported holding #Bitcoin spot ETFs.
⭐️Investing & Financing
- Orderly Network announced the completion of a $5 million strategic funding round, with participation from #OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol.
- Crunch Lab announced the completion of a $3.5 million seed funding round, led by crypto investment firm Multicoin Capital, with participation from Factor Capital, Fabric VC, and Elixir Capital.
- #Binance Labs announced an investment in MyShell through its sixth incubation program, although the specific amount has not been disclosed.
- #Chaos Labs announced the completion of a $55 million Series A funding round, led by Haun Ventures, with new prominent investors including F-Prime Capital, Slow Ventures, and Spartan Capital.
⭐️Regulatory Updates
- The US #SEC approves the first leverage long MicroStrategy ETF.
- U.S. Vice President #Harris is set to announce her economic plan this Friday.
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