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U.S. Natural Gas Futures Dip Ahead of Energy Transfer Pipeline Launch

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U.S. natural gas futures edged lower ahead of Energy Transfer LP's Hugh Brinson pipeline in Texas, which is slated to begin operations on September 1, according to Wallstreetcn.

The October contract on the New York Mercantile Exchange settled at $2.888 per million British thermal units (MMBtu), down 0.026 dollars, or 0.9%.

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September Pattern Elevates Fed-Hike Bets as Bitcoin Near $77,500

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As September begins, Bitcoin, US stocks and government bonds are testing a historical midterm-election pattern that has often preceded market lows, even as traders price a higher likelihood of a Federal Reserve rate increase.

Bitcoin sits around $77,500.

The S&P 500 remains near record highs, and the 30-year Treasury yield is elevated after briefly touching 5.28% on August 21.

Kalshi traders are pricing in roughly a 53% odds of a September rate hike, versus about 48% for keeping rates unchanged.

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Stellar's RWA Value Exceeds $3 Billion in July as TVL Trails

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Stellar’s tokenized real-world assets (RWA) surpassed $3 billion in July, according to a report from oracle provider RedStone cited by ChainCatcher. The same analysis notes that on-chain liquidity, measured by total value locked (TVL), lags behind the RWA growth, with RedStone putting TVL at about $213 million.

The report attributes most of the RWA expansion to four products: Amundi and Spiko’s overnight fund at $713 million, Spiko’s Treasury fund at $536 million, Ondo’s USDY at more than $533 million, and VuMe Bond 2030 at $500 million.

DeFiLlama data show Stellar’s TVL at $232.72 million, with the Blend lending protocol holding $150.03 million, while pools that accept RWA as collateral total around $2 million.

The report notes that traditional settlement times for Treasuries, credit funds, and money market funds do not align with the instant liquidation needs of on-chain lending, underscoring the importance of 24/7 price oracles to make RWA usable as collateral.

Stellar has integrated 55 SEP-40 price feeds from RedStone, covering Treasuries, corporate credit, tokenized gold, and money market funds. The report also states that the Depository Trust & Clearing Corporation plans to bring custodial assets to Stellar in 2027, with those assets totaling $114 trillion.

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Treasury taps FX reserves for yen swap, Bessent says

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A Wallstreetcn report states that in a letter to Senator Warren, U.S. Treasury Secretary Scott Bessent indicated the Exchange Stabilization Fund drew on existing foreign currency assets to swap into yen.

The arrangement reportedly did not involve any new congressional appropriation or the extension of credit to Japan, according to the source.

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Fomo Co-Founder Se Yong Park Announces First Funding Round

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Fomo co-founder Se Yong Park says the crypto trading app has completed its first funding round, with 140 angel investors taking part. ChainCatcher reports the company now has more than 200 angel investors on its cap table.

Park emphasizes that founders often misinterpret the relationship with angel investors, arguing that angels should be viewed as a bullish indicator of product success rather than hands-on mentors. He notes that even if a cap table includes tech CEOs, celebrities, or athletes, their active involvement in early stages is unlikely.

As Fomo continues to scale and builds a product that angel investors genuinely want to use and share, Park believes more people will naturally start recommending it to others.

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BTC options tilt bullish as BTC nears $80,000, Glassnode data show

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Bitcoin options data from Glassnode, as cited by Odaily, show open interest climbing back toward roughly 550,000 BTC, with derivatives activity rebounding and the DVOL index around 41, below the prior high range.

The 25-delta skew across maturities has narrowed markedly, with the near-term skew turning negative, indicating softer demand for downside hedges and a more neutral to bullish positioning bias.

BTC is in a concentrated gamma zone roughly between $75,000 and $80,000, with recent flows centered at the $72,500 and $79,250 strikes where call buying has been more pronounced and put demand has been limited.

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U.S. SOFR Holds at 3.64% on August 27

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According to Wallstreetcn, the secured overnight financing rate (SOFR) was 3.64% on August 27, unchanged from the prior session. The effective federal funds rate stood at 3.63%, also unchanged from the day before.

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