AGP Executive Report
Last update: 4 hours agoFed Watch: Kevin Warsh’s Jackson Hole remarks that inflation still needs to move “clearly and at sufficient speed” pushed September rate-hike odds to ~56% and triggered a sharp risk-off move, with Bitcoin sliding below $80,000 and nearly $488M in crypto liquidations. Crypto Markets: The selloff came after a squeeze-driven rebound and left traders watching whether leverage has truly reset; Schwab says the short-squeeze fuel is largely spent. Bitcoin Treasuries: Public treasuries kept buying—Strive’s SATA preferred stock raised ~$100M to fund more BTC, while Genius Group outlined a dual AI-and-Bitcoin treasury plan targeting $827M in BTC by 2031. ETF Flows: Spot Bitcoin ETFs posted strong inflow momentum again, reinforcing institutional demand even as macro jitters hit. Fintech & Payments: Meta will charge WhatsApp Business users about N14 per qualifying message from Oct. 1, shifting costs for large-scale customer messaging. Fraud & Crime: UK police seized £1M+ in crypto tied to darknet markets, and Irish authorities flagged large Bitcoin movements linked to a convicted drug dealer’s lost-wallet stash.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.