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
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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Solana Ecosystem Re-staking Protocol Solayer Mainnet Launched 3 Days, Entrusted TVL Nearly 100,000 sSOL
On August 18, according to official data, the entrusted TVL of Solana Re-staking Protocol Solayer has exceeded 95,700 sSOL in the three days since the mainnet was launched, and the total number of participants has reached 10,774.
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Wintermute deposited 2617.1 WBTC to Binance in the past 24 hours, leaving only 140 BTC
according to monitoring by The Data Nerd, Wintermute deposited 2,617.1 WBTC (about $152.7 million) to Binance in the past 24 hours. Currently, it only holds 140.46 WBTC (about $8.4 million).
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Coinbase CEO: Buying Bitcoin is a vote against inflation
Elon Musk and Coinbase CEO Brian Armstrong have both commented on U.S. inflation. Musk stated that inflation results from the federal government spending more than it collects and printing money to cover the gap, suggesting reducing wasteful spending as a solution. Armstrong echoed this view, emphasizing that excessive government spending and money printing are the primary causes of inflation. He also suggested that Bitcoin acts as a hedge against inflation, asserting that purchasing Bitcoin is a stance against inflation.
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New malware, Styx Stealer, can steal cryptocurrency via clipboard
Check Point Research has identified a new malware called Styx Stealer, which can steal a wide range of data, including cryptocurrencies via clipboard attacks. It exploits a vulnerability in Microsoft Windows Defender that was patched last year, targeting saved passwords, cookies, auto-fill data, cryptocurrency wallet information, and instant messaging conversations. Styx Stealer employs advanced evasion techniques and encrypted clipper functionality. However, the latest version of Windows provides protection against this malware.
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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.
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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BB briefly broke through $0.33, with a 24-hour increase of 17.4%
On August 18, according to market data, BB briefly broke through $0.33 and is now quoted at $0.325, with a 24-hour increase of 17.4%.
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12,675 ETH transferred from an unknown wallet to Coinbase.
According to on-chain data tracking service Whale Alert, at 11:12 AM Beijing time today, 12,675 ETH was transferred from an unknown wallet to Coinbase, valued at approximately $33,212,971.
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Dogs: DOGS tokens are now available for redemption on Telegram wallets and CEX
DOGS tokens are now available for collection through Telegram wallets and CEX, with users expected to deposit them into the airdrop collection account by August 20. The total supply of DOGS tokens is 550 billion, with 81.5% allocated to the community. Additionally, OKX will soon launch DOGS spot trading.
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Bitcoin mined an empty block at height 857116 41 minutes ago
At Bitcoin block height 857116, miners recently mined an empty block containing only the block reward Coinbase transaction. This block was mined 41 minutes ago, with a short 22-second interval since the previous block. Miners sometimes choose to mine empty blocks to optimize their mining time and avoid conflicts with transactions in the parent block, making it a strategic economic decision.
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