U.S. August ISM Non-Manufacturing Supplier Delivery Index

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🚨 LATEST: The SEC and CFTC have issued a joint staff statement under Project Crypto-Crypto Sprint, outlining coordination efforts to enable trading of certain spot crypto asset products and provide regulatory clarity for exchanges.

The recent developments of DOGE have caught the attention of investors. It is reported that Elon Musk's legal advisor Alex Spiro is planning to establish a treasury company focused on DOGE, aiming to raise as much as $200 million. This move has the support of the Dogecoin Foundation, and if the plan is successfully implemented and listed on NASDAQ, along with Musk's public support, it could trigger a significant increase in the price of DOGE. At the same time, institutional investors are also showing a strong interest in DOGE. The American company Thumzup has acquired the mining giant Dogehash for $50 million, aiming to create the largest DOGE mining company in the United States. This move not only increases DOGE's production capacity but also enhances the stability of its supply chain. The improvement of the DOGE ecosystem is also progressing steadily. Support from stablecoin policies, an improved regulatory environment, and an increasing number of businesses accepting DOGE payments are all driving it towards a more mature cryptocurrency. Another point worth noting is the progress of ETFs. Grayscale plans to announce information related to the DOGE spot ETF in mid-October, which may attract more institutional funds, similar to the effects generated by the Bitcoin ETF. Overall, DOGE is gradually transforming from an internet cultural phenomenon into a cryptocurrency asset recognized by institutions. Despite its great potential, investors still need to be cautious and are advised to carefully observe market trends before making investment decisions, avoiding putting all funds into a single asset.

The latest market data shows that the SOL price is hovering around $211. Currently, the market's upward momentum seems to have weakened. If there is a short-term surge, it is likely to trigger a subsequent pullback. From a trading strategy perspective, the current stage may be more suitable for adopting a short-selling approach at highs. Specifically, attention can be focused on the $214-$216 range as a potential entry point for shorting, with the $201-$203 area regarded as an initial target. It is worth noting that the cryptocurrency market is at a critical juncture. September has traditionally been seen as a turning month for the market, and investors are generally waiting to see if there will be a breakthrough in the current pattern. At the same time, macroeconomic factors such as the release of non-farm payroll data may also have a significant impact on the market. In addition, there have been some notable trends in the market. For example, there are reports that certain investment institutions are increasing their holdings of Bitcoin, which may indicate that institutional investors remain optimistic about the long-term outlook. Meanwhile, the spot gold price has reached a historic high, reflecting a rising demand for safe-haven assets. Overall, the current market environment is complex and changeable, and investors need to remain vigilant when formulating trading strategies, closely monitoring various market signals and changes in macro factors.

Want to improve your fortune? Why not try stepping into the bustling urban districts? Strolling through commercial centers like Nanjing Road in Shanghai, you will discover a dazzling array of sights. Banks stand tall, luxury boutiques are lined up one after another, and there is a constant flow of people, creating an extraordinary atmosphere. Some people say that being in such a vibrant environment can bring good luck. For example, walking into a bank and feeling the atmosphere of finance might bring a change to one's financial fortune. Or, stopping for a moment in front of the shining luxury goods store windows and imagining a future of abundance. Of course, these practices have no scientific basis and are more like a form of psychological suggestion. However, stepping out of the house and immersing oneself in the pulse of the city can indeed provide new perspectives and inspiration. Perhaps true good luck is hidden within such experiences. Regardless, maintaining a positive and optimistic mindset and being in vibrant environments will never do any harm. Even if you can't change your fortunes immediately, at least it can add some color to your life. After all, the beauty in life is often hidden in these seemingly ordinary daily moments.