TD Securities: The Federal Reserve is expected to launch its interest rate hike cycle in September, with three rate hikes projected for this round.

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.

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

Whale "First Set 10 Big Goals" stated after today’s U.S. CPI data release triggered Bitcoin’s short-term "pin dip" to $76,046 that the leading cryptocurrency has not fallen below $74,000, and its bullish trend remains intact. The whale referenced an August 25 tweet in which he asked, "Which is more likely right now: a reversal or a major rally?" In that post, he noted the trend had reversed. "This round of momentum has been more intense than I initially imagined, so we can be bolder in our outlook. I believe it’s still not too late to enter at $80,000 or even above $80,000—there’s still room to grow. It’s very likely that $100,000 will be reached earlier than I originally expected."