📈 #EVAA, the main lending protocol in #TON, increased its TVL to a record $31 million
Читать полностью…📉🤔 #BTC's volatility has been low in July
However, August is shaping up to be a different beast due to the market selloff following last week's disappointing job market numbers.
We're finally seeing those rate cuts, but not because the Federal Reserve is achieving a soft landing.
As we've discussed before, a sustained increase in the unemployment rate consistently comes at the start of US recessions. So there are real reasons for concern now.
🙋♂ #GMX DAO offers integrate zero slippage into V2 and more closely align the GMX trading engine with the traditional order book
Читать полностью…🤬📉 Shares of MicroStrategy (#MSTR) and Coinbase (#COIN) fell 24% and 18%, respectively, in premarket trading.
Читать полностью…🗣👀 Bernstein remain optimistic regarding #BTC's long-term prospects: "We do not see any additional negative factors for the cryptocurrency. Institutional adoption trends for Bitcoin—ETF inflows and approvals from banks and payment processors—remain flat."
Читать полностью…🇺🇸🙅🏽♀️ The meeting between Kamala Harris' campaign team and "crypto industry leaders" has been postponed for unknown reasons. A new date has not yet been announced. x.com
Читать полностью…🧯🆕 #MAX Matr1x: 200 million MAX tokens were burned, which is 20% of the total supply.
Читать полностью…🕵♂🐳 Since July 16, whale 9dZAPP...dnzAz3 has withdrawn a total of 1.035 million #SOL (~$120 million) on Coinbase Prime. solscan
Читать полностью…🕵️♂️ #TRX #ETH New address believed to belong to Justin Sun spent 37 million #USDT to buy 16,236 #ETH in the last 3 hours.
Читать полностью…📊 IntoTheBlock: Volatility and lower liquidity make it harder to perform liquidations profitably
Liquidations are taking longer than usual to execute in the current market
Using #Aave v3 on mainnet as a bellwether for lending markets, >20% of liq vol took 60+ blocks to complete
Liquidations are taking longer in protocols with alts and #ETH derivatives that are not #stETH
🥳🎁 #ZRC Project L2 Zircuit announced about the launch of phase 1 of the main network and airdrop (21% of the total token supply), and also released ZRC tokenomics.
Читать полностью…🇺🇸🍿 #ETH 0.041 ETH was transferred from a US government address, which may be a check before a large transfer
Читать полностью…🎢 #BTC #ETF 20 mins into the trading session and Bitcoin ETFs have already seen $1.3bn in volume — this is extremely elevated
Читать полностью…😨📉 #BTC #ETF ProShares Bitcoin Strategy fell 17.5% and iShares Bitcoin Trust fell 17.7%.
G7 stock prices also fell sharply on the US stock market, with $1.3 trillion of their combined market value evaporating.
MicroStrategy shares fell more than 23%, Coinbase fell more than 18%.
🕵️♂️👀 #ETH 0xscope: Since August 3, the top five market makers have transferred a total of over 130,000 ETH directly or indirectly to the CEX.
Читать полностью…🇺🇸🗣 #macro Goolsby from the Fed:
- Employment data is lower than expected, but does not yet show signs of recession;
- The Fed’s task is not to respond to employment data for one month;
- If the economy worsens, the Fed will take steps to restore it;
- Presented the Fed were discussing an emergency rate cut.
Meanwhile, according to FedWatch, the market assumes a 100% probability of a rate cut by 50 bp. for the September meeting
🔝 Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 #ORI pooled.
🇬🇧🏦 Xapo Bank enters the UK market and becomes the first bank in the country to offer a combined interest-bearing bank account in $ and #BTC. cointelegraph
Читать полностью…💰 #AAVE Founder of Aave: Aave received income of $6 million from processing liquidations online.
One WETH position worth $7.4 million was liquidated, generating $802,000 in revenue for Aave
📉👀 Cryptocurrency market capitalization experienced its largest daily drop since 2022. theblock.com
Читать полностью…🗣 #ETH Vitalik Buterin: I think people will be surprised by how quickly "cross-L2 interoperability problems" stop being problems and we get a smooth user experience across the entire ethereum-verse (incl L1, rollups, validiums, even sidechains). I'm seeing lots of energy and will to make this happen.
Читать полностью…🍿👀 #BNB CEO Binance: The recent sharp drop in the crypto market does not represent a long-term negative trend. Given the potential for Fed rate cuts and geopolitical volatility, there is still significant potential for market volatility.
Читать полностью…