Crypto whale sets 10 major targets: Bullish trend remains unchanged, Bitcoin successfully holds $74,000 after CPI shock

According to OnchainLens monitoring, a whale dormant for 119 days transferred 116,490 HYPE tokens out of OKX a few minutes ago, valued at approximately $9.6 million.

CNN cited two US officials as reporting that Saudi Arabia’s key East-West oil pipeline system was struck by projectile attacks on Thursday local time. Preliminary analysis shows a pumping station alongside the pipeline was hit; satellite imagery reveals one pumping station sustained extensive fire damage, while another suffered a small blaze and emitted thick smoke. It remains unclear who is behind the attacks, whether the pipeline itself was damaged, or how long repairs will take. One US official noted the drone used in the attack originated from Iraq. The East-West pipeline’s significance has risen since the outbreak of the US-Iran conflict. With Iran effectively closing the Strait of Hormuz, Saudi Arabia has diverted roughly 5 million barrels per day of crude oil originally destined for Persian Gulf tankers to flow through this pipeline to Yanbu Port on the Red Sea. Meanwhile, the Houthi movement has claimed it will target any Saudi vessels trying to transit the Bab el-Mandeb Strait, putting Saudi Arabia’s alternative oil export route at risk.

Per Lookonchain's monitoring, crypto market maker Wintermute is selling ETH. In the past three hours, Wintermute has deposited 61,847 ETH into Binance and Coinbase, worth $160.3 million.

US regulators have released proposed guidance on third-party risk management for banks. The Federal Reserve, Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration (NCUA) stated that the framework aims to help banks and credit unions "better calibrate and adjust their third-party risk management practices based on the risks of individual third-party relationships." Per the regulators’ joint announcement on the same day, the guidance is principles-based and non-binding; once finalized, it will replace the existing third-party risk management guidance. The public comment period will run for 60 days after the guidance is published in the Federal Register. The regulators also issued a separate statement on community banks’ dealings with core service providers, while the Federal Reserve is separately seeking comments on supporting guidance for the community banks it supervises.

TD Securities strategists said they now expect the Federal Reserve to kick off the first of three rate hikes in September, a shift from their prior forecast that the central bank would hold rates steady through the rest of 2026. Strategists including Oscar Munoz and Gennadiy Goldberg wrote in a daily research note: "We expect a total of three rate hikes in this cycle, with the next two increases coming in October and January next year. The Fed may not provide forward guidance, but the dot plot is likely to lean hawkish." The adjustment in expectations came after U.S. August CPI data released Friday came in hotter than expected, prompting traders to price in higher near-term rate hikes from the Fed. The strategists added in the note: "After August CPI showed a lack of progress in taming inflation, we now expect the Fed to launch its rate hike cycle in September."

According to HTX market data, Bitcoin has fallen below $78,000, with its 24-hour price gain narrowing to 1.11%.