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Money & Crypto News

PENDLE briefly breaks through $3.1

PENDLE briefly broke through $3.1 and is now trading at $3.043, with a 24-hour increase of 15.66%. The market fluctuates greatly, so please control your risks.

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FIRE breaks through 0.7 USDT, with a 24-hour increase of 44.95%

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Bloomberg analysts: Hong Kong virtual banks’ comprehensive losses are expected to shrink to HK$2 billion or less in 2024

Bloomberg Industry Research Bank and Fintech Industry Senior Analyst Chen Yongfu said that it is expected that in 2024, due to rapid revenue growth and stable cost base, the comprehensive losses of Hong Kong virtual banks will be reduced to HK$2 billion or less; operating expenses may fall below HK$3.2 billion.

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The Match social platform has been officially deployed on the Base chain and will airdrop more than 1 billion RFG tokens to the community

the Match social platform was officially deployed on the Base chain, and the community meme coin RFG was simultaneously launched on Uniswap. Match announced that it will airdrop more than 1 billion RFG tokens to the community, and users can participate and receive them in a variety of ways.

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Economist Tom Porcelli: Even if interest rates are cut by 100 basis points, the Fed's policy is still tight

Tom Porcelli, chief U.S. economist at PGIM fixed income, said that the current federal funds rate of 5.3% appears relatively high compared with the current consumer price inflation rate of less than 3%. Even if the interest rate is cut by 100 basis points, the Fed's policy is still tight. , policy was calibrated against significantly higher inflation and significantly lower unemployment, but those circumstances have changed.

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Only 0.26% of the world's population can own 1 Bitcoin

According to financial reports, Bitcoin Magazine stated on the X platform that only 0.26% of the world's population can own 1 Bitcoin.

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The tokens of the blockchain game metaverse sector rose sharply, and DAR rose by more than 65% in the past 4 hours

On August 18, according to market information, the tokens of the blockchain game metaverse sector rose generally, including:
DAR (Mines of Dalarnia) is currently quoted at 0.20722 US dollars, and the increase in the past 4 hours is more than 65%
TLM (Alien Worlds) is currently quoted at 0.01456 US dollars, and the increase in the past 4 hours is more than 47%;
ALICE is currently quoted at 1.163 US dollars, and the increase in the past 4 hours is more than 31%;
VOXEL is currently quoted at 0.1322 US dollars, and the increase in the past 4 hours is more than 28%
MBOX is currently quoted at 0.1502 US dollars, and the increase in the past 4 hours is more than 17%.

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VanEck: Bitcoin miners shifting 20% ​​to AI and HPC could generate $13.9 billion in revenue per year

According to a financial report, VanEck pointed out in a report that if Bitcoin miners partially transform to provide energy for artificial intelligence and high-performance computing (HPC) by 2027, there is an opportunity to generate an additional $13.9 billion in revenue per year.

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Nigeria's tax regulator proposes full implementation of cryptocurrencies

On August 18, Cointelegraph reported that Nigeria's tax regulator, the Federal Inland Revenue Service (FIRS), plans to seek support from the National Assembly to enact a comprehensive new law to regulate cryptocurrencies in the country.

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➡️ Initiated a super airdrop
💰 Currency: TRX
💰 Chain Name: trc20
💲 Total amount: 1000
Remaining: 1000/1000
Note: @money

Airdrop added successfully, please click the button to send

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The total market value of stablecoins is now $168.1 billion

According to DefiLlama data, the total market value of stablecoins is now $168.121 billion, up 1.62% from last week. Among them, the total market value of USDT increased by 1.25%, and the total market value of USDC increased by 1.2%.

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More than 50% of survey participants believe that NFT cannot recover in this cycle

According to financial reports, CoinGecko disclosed a recent survey data on the X platform showing that about 54% of survey participants believe that NFT cannot recover in this cycle, of which 29.5% of survey participants firmly believe that NFT cannot recover in this cycle, and 24.7% are still bearish on the NFT market. In addition, 26.4% of survey participants are neutral about the recovery of NFT in this cycle, and only a small number of 19.4% of survey participants still have hope for NFT to make a comeback in this cycle. However, compared with investors and traders, builders and bystanders are more optimistic about the recovery of NFT. Specifically, 28.9% of builders and 29.1% of market bystanders believe that NFT will recover in the near future, while only 17.1% of investors and 20.9% of traders hold the same view.

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Polymarket predicts Trump's chances of winning are equal to Harris's

According to financial reports, Polymarket predicts Kamala Harris's chances of winning the 2024 US presidential election have further dropped to 49%, while Trump's chances of winning are also 49%; in addition, Michelle Obama's chances of winning are predicted to be 1%.

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Peter Thiel: Bitcoin is a great invention that has been undervalued in the first 10-11 years

On August 18, billionaire and top Silicon Valley investor Peter Thiel said in the latest Joe Rogan podcast that he believes Bitcoin is a great invention that has been systematically undervalued in the first 10-11 years, and early users don’t even know how to handle Bitcoin.

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Runestone initiator Leonidas posted a message to call for DOG

On August 18, Ordinals developer and Runestone initiator Leonidas posted on social media that he believes DOG is the No.1 Meme coin on the world's largest and most globally recognized blockchain.

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40 Bitcoin ETFs around the world hold a total of 1,070,594 Bitcoins

As of the updated global Bitcoin ETF data on August 16, 2024, 40 funds hold 1,070,594 Bitcoins, worth over US$64 billion. IBIT continues to accumulate Bitcoin

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Polymarket: Trump and Kamala Harris have the same chance of winning the election

the market predicts that Trump and Kamala have the same probability of winning the 2024 US presidential election at 49%.

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Chameleon Travel Club’s floor price is as high as 2 ETH today, with the highest daily increase of 81%.

Chameleon travel has entered the RWA track and has currently linked hundreds of holiday luxury homes, with a total asset size of more than 300 million US dollars. The team is planning to gradually introduce luxury home assets from the world's top resorts, and will provide users with a seamless experience through on-chain leasing and sales.

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Statistics: Wintermute has deposited 4,229 WBTC and 273 million USDT to CEX in the past two days

Wintermute has deposited 4,229 WBTC to Binance since August 17, with a total value of up to 251 million US dollars, and an average deposit price of 59,413 US dollars.

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Arbitrum bridge storage total value exceeds 4 million ETH

Financial report, Dune data shows that the total value of zkSync bridge storage is 3,727,416 ETH, the total value of Starknet bridge storage (TVB) is 923,431 ETH, and the total number of bridge user addresses is 1,226,482; the total value of Arbitrum bridge storage is 4,040,425 ETH, the total value of Optimism bridge storage is 791,918 ETH, and the total value of Base bridge storage is 611,609 ETH.

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A whale who continues to be long bought 124 WBTC again 6 hours ago, worth about 7.37 million US dollars

On August 18, according to Lookonchain monitoring, a whale bought 124 WBTC again 6 hours ago, worth about 7.37 million US dollars.
According to statistics, the address has been buying and long WBTC since July 4. He bought a total of 846.5 WBTC (53.76 million US dollars) from Binance at an average price of 63,513 US dollars and deposited it in Aave. Then borrowed 17.46 million USDT from Aave and deposited it in Binance.

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The total holdings of the US Bitcoin ETF on the chain reached about 926,000 BTC, accounting for 4.69% of the current total supply

Financial reports, according to Dune data, the total holdings of the US Bitcoin ETF on the chain reached about 926,000 BTC, accounting for 4.69% of the current total supply. Since the launch of ETH, the net inflow has reached about 306,300 BTC, and the inflow in the past week was about 3,660 BTC.

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Nubit announced a partnership with Fractal Bitcoin to introduce OP_CAT-based SNARK validators and Nuport to Bitcoin

On August 18, according to official news, the modular blockchain project Nubit announced a partnership with Fractal Bitcoin to introduce OP_CAT-based SNARK validators and Nuport to Bitcoin.
It is reported that Fractal Bitcoin is an expansion solution based on Bitcoin Core that aims to reduce network congestion by enabling infinite layers. With Nubit, Fractal can now provide developers with low-cost and highly secure DA, which is essential for building scalable applications.

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BlackRock ETHA holds more than 322,400 ETH as of August 16

According to financial reports, BlackRock officially updated the spot Ethereum ETF data. As of August 16, the market value of iShares Ethereum Trust ETF (ETHA) reached approximately US$845,495,636.59, and the holdings rose to 322,422.7541 ETH, and the current number of outstanding shares increased to 42,040,000.

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Economic Daily: Be cautious about virtual currency investment

Financial report, Economic Daily published an article saying that in recent times, the "currency circle" has encountered another wave of earthquakes. Bitcoin has fallen continuously, from more than $70,000 at the end of July to around $58,000 on August 16. In particular, on August 5, Bitcoin once fell below $50,000, hitting a new low in nearly a year, with a daily decline of 15%, more than 270,000 people were liquidated, and the total amount of liquidation exceeded $1 billion. my country has always maintained a strict regulatory stance on virtual currencies.

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The number of companies applying for Turkey's crypto licenses has increased to 76

Financial reports that Turkey's cryptocurrency landscape is undergoing a major shift as large companies such as Coinbase and KuCoin join the competition for the country's business licenses. The number of applications has surged after the Turkish Capital Markets Board (CMB) updated its regulations. Initially, 47 crypto companies applied for licenses under the new regulatory framework, which has now expanded to 76, including new companies such as Coinbase, KuCoin and Gate .io.

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Eigen Foundation: The first batch of projects in the EigenLayer ecosystem network have submitted PR on GitHub

According to financial reports, the Eigen Foundation published a post on the X platform stating that the open repository EigenLayer Ecosystem Network is a transparent and evolving platform that allows projects to list addresses for others to use for airdrops, grants, or other collaborations within the EigenLayer ecosystem. Currently, the first batch of projects have submitted PR on GitHub. Next, the Eigen Foundation will integrate the submission content to encourage all mainnet and testnet AVS, LRT, Rollup to use EigenDA and other projects in the EigenLayer ecosystem to submit PR to update information, including project details, core developers, contact information, and wallet addresses.

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Lee Ka-chiu attended the first regional consultation meeting on the Policy Address and listened to suggestions such as setting up a virtual asset regulatory department

According to financial reports, the Hong Kong government held the first regional consultation meeting on the Policy Address in Tai Po today. Lee Ka-chiu attended the meeting. Some citizens suggested that the government set up a department to regulate virtual assets and coordinate the regulatory work of different departments. Lee Ka-chiu summarized the consultation meeting and said that Hong Kong's economic growth this year was about 2.5% to 3%. He estimated that next year's economic growth would be better than this year, but pointed out that there are more uncertain factors. Some industries face greater challenges, such as small and medium-sized enterprises. The government will provide special help. He also mentioned that in order to enhance Hong Kong's competitiveness, it is necessary to strengthen talent training. In addition to attracting overseas professionals, the government attaches great importance to local talents and hopes that training work can be linked to industrial development.

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Washington Post poll: Harris's approval rating is 49%, Trump's approval rating is 45%

On August 18, according to a poll by ABC News, The Washington Post and Ipsos, US Vice President Kamala Harris's approval rating among registered voters was 49%, while Donald Trump's approval rating was 45%.

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Vitalik minted a new ENS domain name dacc.eth half an hour ago

On August 18, according to on-chain data, Vitalik minted a new ENS domain name dacc.eth half an hour ago.

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