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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
JUST IN: 🇯🇵 Japan to lower maximum tax rate on #Bitcoin from 55% to 20%, in line with financial assets 🙌
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NEAR Protocol's X account was not hacked: spokesperson
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NEW TYPE OF HACKER IN TOWN
*Near X account is hacked
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Coinbase will add support for Polygon Ecosystem Token (POL) on ERC-20 — link
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VC Giants a16z, Union Square Ventures get subpoenaed by New York about Uniswap — link | tl;dr
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VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources
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Japan Megabanks To Tap Blockchain And SWIFT For Instant Trade Payments
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UNISWAP SETTLES WITH CFTC FOR $175,000 OVER DIGITAL ASSET TRADING: FILING
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The order requires Uniswap Labs to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act (CEA), as charged.
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CFTC Issues Order Against Uniswap Labs for Offering Illegal Digital Asset Derivatives Trading: Press Release
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CFTC ISSUES ORDER AGAINST UNISWAP LABS FOR ILLEGAL DIGITAL ASSET DERIVATIVES TRADING
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The U.S. announced that the monthly rate of factory orders in July was 5%, the largest increase since July 2020. The number of JOLTs job vacancies in July was 7.673 million, with an expected 8.10 million and a previous value of 8.184 million. U.S. job vacancies in July fell to the lowest level since early 2021. — link
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🟠 The price of houses isn't going up; the USD is going down 📉
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FORTUNE: Coinbase CFO says Kamala Harris is using firm to accept crypto donations
https://fortune.com/2024/09/04/coinbase-cfo-says-kamala-harris-is-using-firm-to-accept-crypto-donations/
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DeFi Active loans are now at $13.3 billion, a level we haven't seen since early 2022 — link
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NEW: 🟠 Anthony Pompliano says, “imagine being able to tell your grandchildren that you bought #Bitcoin sold from a government.” 🔥
“Hundreds of millions of people around the world believe that these sound money principles in digital form are very valuable.”
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Republican nominee Donald Trump and running mate JD Vance are campaigning on a grab bag of tax cut proposals that could collectively cost as much as $10.5 trillion over a decade, a massive sum that would exceed the combined budgets of every domestic federal agency: BBG
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VC Giants a16z, Union Square Ventures get subpoenaed by New York about Uniswap — link | tl;dr
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VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources: COINDESK
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JAPAN'S 3 MEGABANKS WORKING ON FRAMEWORK FOR INSTANT INTERNATIONAL PAYMENTS THAT USES BLOCKCHAIN TECHNOLOGY - NIKKEI - RTRS: Terminal
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The cease and desist part refers to them offering commodity futures contracts.
Just means they have to not list lev tokens on their frontend, which they did a few years ago not completely cease operations: Research Director & Founding Team, TheBlock
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CFTC issues order against Uniswap Labs for offering illegal digital asset derivatives trading — link
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The order requires Uniswap Labs to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act (CEA), as charged.
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CFTC: CFTC Issues Order Against Uniswap Labs for Offering Illegal Digital Asset Derivatives Trading
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JUST IN: 🇨🇦 Bank of Canada cuts policy rate by 25 basis points again.
Soon the FED and the world.
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The Bank of Canada cut its key policy rate by 25bps to 4.25% as expected on Wednesday, its third consecutive rate cut, citing continued easing of broad-based inflationary pressures. Canada's headline inflation rate fell to a 40-month low of 2.5% in July, still above its 2% target. The Bank of Canada forecasts an annualized rate of 2.8% in the third quarter. — link
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FED 50 BPS RATE CUT IN SEPT IS NOW PRICED AS MORE LIKELY THAN A 25 BPS CUT -- SHORT-TERM U.S. INTEREST-RATE FUTURES
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