TL;DR

• Following the release of the US Consumer Price Index (CPI), the chances of the Federal Reserve lowering interest rates by 25 basis points in September increased to 85%.

• BlackRock’s ETF now holds about 2% of the total circulating Bitcoin supply.

• Uniswap’s dominance in the decentralized exchange (DEX) market has slipped to 36%.

• Grayscale has opened its Sui Trust to qualified investors interested in gaining exposure to SUI tokens.

• The UK has suggested categorizing crypto-assets like Bitcoin and NFTs as personal property.

• Ford and Toyota have increased their blockchain investments, with a sharp rise in patent applications.

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Alpha of the Day

CPI Drops, Fed Rate Cuts in the Air: 85% Chance Incoming

After the US Consumer Price Index (CPI) report dropped, everyone’s buzzing about the Federal Reserve’s next move. Spoiler alert: there’s now an 85% chance they’ll cut interest rates by 25 basis points in September. It's like waiting for that one friend to finally Venmo you back—inevitable, just a matter of time. If the Fed follows through, it means cheaper borrowing for everyone, which could either keep the economy grooving or lead to one big "oops." Whatever happens, you know finance bros everywhere will be refreshing their newsfeeds to see if this gamble pays off.

BlackRock’s ETF: HODLing 2% of Bitcoin Like a Boss

BlackRock is making a serious flex, holding about 2% of all the Bitcoin in circulation through their ETF. That’s not just "a little skin in the game"—it’s more like BlackRock’s got a Bitcoin buffet going on. As one of the biggest asset managers out there, this move has people thinking, “If BlackRock’s in, maybe I should be too?" Whether you're a crypto bro or just a casual observer, it’s pretty wild to see such a massive player gobbling up Bitcoin like it’s going out of style.

Uniswap’s Market Share: Slipping to 36%, but Still a Big Fish

Uniswap might be feeling the heat as its market share in decentralized exchanges (DEX) drops to 36%. Sure, they’re still one of the top dogs, but it’s kind of like when your favorite band isn’t topping the charts anymore—they’re still cool, just not that cool. With more DEX competitors popping up, Uniswap is going to have to work harder to stay relevant. Maybe it’s time for a remix or, in this case, some innovative new features to keep those crypto traders loyal.

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Grayscale’s Sui Trust: SUI Up for Grabs for Big Shots

Grayscale just rolled out the red carpet for its Sui Trust, but before you get too excited, this is for "qualified investors" only. Basically, if you’ve got the cash and the credentials, you can now dive into SUI tokens like a VIP at an exclusive pool party. For those of us just chilling by the sidelines, this is another move by Grayscale to offer up hot new assets, but only to the financial elite. Maybe someday they'll let us regular folks in on the action.

UK Proposes Treating Bitcoin and NFTs as Personal Property: Time to Flex

The UK is thinking about calling crypto-assets like Bitcoin and NFTs personal property, so you might soon be able to say “I own a CryptoPunk” with legal authority. It’s like giving your digital collectibles the same respect as your car or your vintage sneaker collection. This move could clear up a lot of legal gray areas around ownership and transfer rights, meaning less “WTF” moments when it comes to your digital assets. So if you’ve been flexing your crypto portfolio, this might give it some real-world clout.

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Ford and Toyota: Going Full Throttle on Blockchain

Ford and Toyota are flooring it into the blockchain space, doubling down on investments and filing more patents than ever before. These auto giants aren’t just about engines anymore—they’re diving into the world of decentralized tech like it’s the next hot thing (because it kind of is). Whether it’s for supply chain management or fancy new car features, they’re betting that blockchain could be as crucial to the future as hybrid engines were in the past. It’s not just about cars anymore—it’s about being ahead of the curve in tech.

Kyle Hauptman Backs Crypto: Fed Bro Goes Full Bullish

Kyle Hauptman, Vice Chairman of the US NCUA, just came out in full support of crypto and stablecoins like he's ready to throw down at a crypto convention. It’s a big deal when someone at his level gives crypto the green light, especially considering the mixed signals from regulators lately. Hauptman’s not just sitting on the sidelines—he’s backing the future of finance, suggesting stablecoins and crypto could become everyday tools. Guess it’s time to tell grandma her savings might soon come with a side of blockchain.

Swift Streamlines Tokenized Transfers: Moving Money Just Got Swifter

Swift, the international payment giant, just launched a global infrastructure to make tokenized asset transfers easier. It’s kind of like upgrading from dial-up to high-speed internet—everything’s faster, smoother, and less painful to deal with. If you’ve ever had to send large sums across borders, you know how clunky the process can be. Swift’s move could bring the same ease to digital assets, making it simpler to move your tokens around the world. It's like Swift is saying, “Don’t worry, we’ve got this crypto thing covered now."

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