Expectations of rate cuts and trade tensions boost gold prices, with London gold mining stocks strengthening.
gold sector stocks listed in London rose with the strengthening of gold prices. Victoria Scholar, Investment Director at Interactive Investor, said in a report that driven by expectations of a US rate cut this month and uncertainty over tariffs, gold prices continued to climb, nearing historical highs. "The focus this week is on the Fed's Beige Book, US non-farm payrolls report, job vacancies and labor turnover survey, and ADP report." Hochschild Mining rose 5%, Alien Metals rose 3.85%, and Fresnillo rose 1.6%.
Pumpfun created 595,000 new tokens in August
according to @defioasis data, in August, Pumpfun created a total of 595,000 new tokens, reclaiming the main market share on the Solana Launchpad; in that month, nearly 1.35 million addresses traded these new tokens created by Pumpfun, however, the overall loss reached 66 million US dollars, and there were no addresses with realized profits exceeding one million; 65.4% of addresses lost 0-1,000 US dollars, with an average loss of 73.41 US dollars.
Glassnode: Bitcoin long-term holders sold a record 97,000 coins in a single day
according to Glassnode data, the spending activity of long-term holders (LTH) of Bitcoin has recently accelerated, with the 14-day moving average continuing to rise but still below the peak level of October-November 2024. It is worth noting that last Friday saw the largest single-day sell-off of the year, with approximately 97,000 BTC moved by long-term holders. Among them, about 34,500 BTC held for 1-2 years, about 16,600 BTC held for 6-12 months, and about 16,000 BTC held for 3-5 years, these three categories of holders account for approximately 70% of the total spending.