Money & Crypto News

04 августа 2024 15:16

Sharpe AI: Signed data licensing agreement with CME Group

According to financial reports, Sharpe AI announced on the X platform that Sharpe Labs Ltd., the developer of the cryptocurrency data analysis platform Sharpe Terminal, has signed a multi-year information licensing agreement with CME Group. According to the terms of the agreement, Sharpe AI will authorize CME market data to be integrated into the Sharpe Terminal platform, and Sharpe institutional clients will be able to access the benchmark derivatives data of the Chicago Mercantile Exchange and Sharpe's cryptocurrency market analysis.

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04 августа 2024 14:01

CITIC Securities: The Fed is expected to cut interest rates by 25bps for the first time in September, with room for 50-75bps of interest rate cuts throughout the year

According to financial reports, CITIC Securities' research report pointed out that the number of new non-farm payrolls in the United States in July 2024 was lower than expected. The previous value of new non-farm payrolls was revised down, the unemployment rate rose, and the wage growth slowed down. All data show that the US labor market continues to cool down, but the marginal changes are not large in historical data. The unemployment rate of 4.3% is still at a historical low level, and the increase in labor supply and weather factors have an impact, so the data will not be over-interpreted. The non-farm payrolls data in July may be out of the Fed's "sweet spot" but not out of the "comfort zone", and "recession trading" does not mean "economic recession". We expect the Fed to cut interest rates by 25bps for the first time at the September FOMC meeting, and there is room for 50-75bps of interest rate cuts throughout the year. The 10Y US Treasury yield will run in the range of 3.5-4.2% this year.

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04 августа 2024 13:37

Australian rapper Iggy Azalea will speak at Solana Break Point

According to financial reports, Australian rapper Iggy Azalea posted on the X platform that she will speak at the Solana Break Point conference and is discussing topics related to celebrity coins and how they can promote the culture and product growth of cryptocurrencies with crypto KOL @ ercwl.

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04 августа 2024 12:29

Nvidia responds to AI chip shortage: Blackwell samples are widely tested, and mass production will increase in the second half of the year

Financial report: In response to the news that Nvidia's AI chip was delayed, on August 4, Nvidia responded to reporters: "As we said before, the demand for Hopper is very strong, Blackwell sample trials have begun widely, and production is expected to increase in the second half of the year. Other than that, we do not comment on rumors." Earlier media reports said that Nvidia's AI chip design defects may cause the release to be delayed by three months or more, affecting customers such as Meta, Google and Microsoft.

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Money & Crypto News

04 августа 2024 11:54

MicroStrategy is seeking to sell its Class A shares to raise $2 billion to buy more Bitcoin

According to financial reports, MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to buy more Bitcoin and for general corporate purposes. In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to buy Bitcoin.
Earlier in June this year, MicroStrategy announced the issuance of $500 million in unsecured senior convertible notes to buy more Bitcoin, and a day later raised the offering price to $700 million.

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Money & Crypto News

04 августа 2024 10:54

Sentiment: Chainlink and Ethereum trading returns on Sunday were the lowest average in 365 days

According to financial reports, market intelligence platform Sentiment posted on the X platform that Chainlink and Ethereum's average trading returns on Sunday were the lowest average in 30 days (short-term) and 365 days (long-term). Historically, the more other traders "bleed", the more reason there is to buy the pain of others (referring to the lower-priced bloody chips).

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04 августа 2024 10:29

Starknet: Starknet v0.13.2 testnet will be released next Monday

According to financial reports, Starknet officials posted on the X platform that Starknet v0.13.2 is coming soon, the testnet will be released on August 5 (Monday); the mainnet will be released on August 26 (Monday), and developers are reminded to upgrade the full node version.

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04 августа 2024 09:29

Curve Finance: 140 million CRV locked in the past 45 days

According to financial reports, Curve Finance officially announced on the X platform that 140 million CRV were locked in the past 45 days. From August 14, 2024 to August 14, 2025, the total issuance of CRV is expected to be 137 million.

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Money & Crypto News

04 августа 2024 08:29

In the past 7 days, the NFT transaction volume on the Solana chain fell by 30.59% month-on-month

According to CryptoSlam data, in the past 7 days, the NFT transaction volume on the Ethereum chain was about 34,710,177 US dollars, an increase of 10.01% month-on-month; the transaction volume of the Solana network reached 17,720,790 US dollars, a decrease of 30.59% month-on-month; the Bitcoin network (15,009,369 US dollars) fell by 17.62% month-on-month.

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Money & Crypto News

04 августа 2024 07:46

Wintermute address deposits $106 million worth of crypto assets to Binance

According to financial reports, The Data Nerd monitors that 3 hours ago, the Wintermute address deposited different assets to Binance, including:
- 252,000 UNI (worth $1.67 million);
- 13,943 ETH (worth $40.64 million);
- 67.13 WBTC (worth $4.09 million);
- 60.017 million USDT.

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04 августа 2024 06:34

USDT's weekly transaction volume on the EVM chain exceeds 18 million times, setting a new annual high

According to a financial report, IntoTheBlock published an article on the X platform stating that USDT's weekly transaction volume on the EVM chain exceeds 18 million times, of which 78% of transactions occur on the Tron chain, making it the first choice for transfers.

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04 августа 2024 05:54

Starknet: The official Discord server has been restored, and the community channels have been rebuilt.

Regarding the previous incident where the official Discord server was attacked, Starknet officials posted on platform X, stating, "The official Discord community was attacked on Thursday night. Despite the attackers temporarily gaining control of the server and posting malicious links, we swiftly regained control. The attackers aimed to deceive users through these links, but thanks to rapid actions by StarkWare, SNF security teams, and wallet partners, we prevented any potential harm to the community. We have rebuilt all channels, and the server is now back online with enhanced security features and improved channel organization. We are also undergoing security audits and welcome feedback on the updated channel layout."

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Money & Crypto News

04 августа 2024 05:18

The total value of Trump's cryptocurrency holdings fell to $6.1 million, down more than 80% from its high

Donald Trump's cryptocurrency holdings have significantly decreased in value, dropping over 80% from a peak of over $31 million in early June to approximately $6.1 million currently. His main holdings include 579,290 TRUMP (valued at about $2.53 million), 492,449 ETH (approximately $1.43 million), 377,415 WETH (around $1.1 million), and 210.345 billion TROG (about $460,000).

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Money & Crypto News

04 августа 2024 04:56

US Bitcoin spot ETF had a net outflow of US$237 million

the US Bitcoin spot ETF had a net outflow of US$237 million. Among them:

🔤BlackRock IBIT: Net inflow of US$43.2 million
🔤Grayscale GBTC: Net outflow of US$45.9 million
🔤New Grayscale Mini: Net inflow of US$9.9 million
🔤Fidelity FBTC: Net outflow of US$104 million
🔤Bitwise BITB: Net outflow of US$29.4 million
🔤Ark ARKB: Net outflow of US$87.7 million

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Money & Crypto News

04 августа 2024 04:41

Santiment: $60,000 and $2,900 are key psychological support levels for BTC and ETH

crypto market analysis agency Santiment posted on social media that the data of this decline is roughly the same as the decline in early July, so there is no mood to buy the bottom (at least not yet). $60,000 Bitcoin and $2,900 ETH will serve as key psychological levels, which may be enough for traders to start buying the bottom.

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Money & Crypto News

04 августа 2024 14:34

Dogecoin Core is about to receive a security update

According to financial reports, Dogecoin Core 1.14.8 is about to be released. The focus of this update is to enhance the repeatability of the compilation process, which is an important step to strengthen the security and reliability of the network.
A junior developer of the Dogecoin team announced on social media that Dogecoin Core 1.14.8 has passed the key test of "whether multiple developers can reliably reproduce the same output of the compilation process."

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Money & Crypto News

04 августа 2024 13:55

Mainstream Meme coins fell across the board, PEPE fell more than 9% in 24 hours

According to financial reports, the market shows that mainstream Meme coins fell across the board, including:
BOME fell 9.65% in 24 hours and is currently quoted at $0.007497;
PEPE fell 9.19% in 24 hours and is currently quoted at $0.0000085;
MEME fell 9.04% in 24 hours and is currently quoted at $0.01087;
FLOKI fell 7.69% in 24 hours and is currently quoted at $0.0001313.
The market is volatile, so please do a good job of risk control.

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Money & Crypto News

04 августа 2024 13:00

Source: BRICS plans to create an independent digital payment platform

Financial report: According to Bitcoin .com News’ post on the X platform, a Russian official revealed that the BRICS countries are discussing the creation of an independent digital payment platform.

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Money & Crypto News

04 августа 2024 11:54

Source: BRICS countries plan to create an independent digital payment platform

Financial report, according to Bitcoin. com News published on the X platform, a Russian official revealed that BRICS countries are discussing the creation of an independent digital payment platform.

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Money & Crypto News

04 августа 2024 11:29

Australian prosecutors advocate for a prison sentence for users who received a large erroneous refund from Crypto com

According to financial reports, Australian prosecutors are advocating a prison sentence for a Crypto com user who accidentally received an erroneous refund of nearly $7 million and spent most of it before the exchange discovered an internal error three years ago.
In May 2021, Crypto com sent $6.86 million (A$10.47 million) to Australian couple Thevamanogari Manivel and Jatinder Singh instead of a $100 refund because an employee allegedly entered an account number in the payment section of an Excel spreadsheet.

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Money & Crypto News

04 августа 2024 10:29

ZachXBT: ZKX was criticized by investors and partners

According to financial reports, regarding the sudden shutdown of ZKX, the chain detective ZachXBT commented on the X platform that ZKX was criticized by Amber Group, HashKey, and ArkStream, and issued a statement calling on ZKX to pay the price for such behavior. On the other hand, people from the Starknet Foundation defended ZKX's behavior.

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04 августа 2024 09:54

The UwULend attacker transferred 1,002 ETH to Tornado Cash in the early hours of this morning, worth about $2.9 million

According to a financial report, MistTrack posted on the X platform that an address of the UwULend attacker transferred 1,002 ETH (worth about $2.9 million) to Tornado Cash at around 1 a.m. on August 4, and the address currently still holds 3,008 ETH.

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04 августа 2024 08:56

Data: Over 16,000 BTC flowed out of Kraken in the past 7 days

According to Coinglass data, 16,494.83 bitcoins flowed out of Kraken exchange wallets in the past week, 5,446.76 bitcoins flowed out of Bitfinex wallets in the past 7 days, and 1,006.07 bitcoins flowed into Binance exchange wallets in the past 7 days.

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04 августа 2024 07:54

The total locked value of Ethereum Layer2 network is 38.64 billion US dollars, down 10.38% on the 7th

According to L2BEAT data, the current total locked value of Ethereum Layer2 network is 38.64 billion US dollars, down 10.38% on the 7th. The top five locked values ​​are: Arbitrum One (15.65 billion US dollars, down 8.65% on the 7th); Base (6.45 billion US dollars, down 9.51% on the 7th); OP Mainnet (5.79 billion US dollars, down 10.75% on the 7th); Blast (2.02 billion US dollars, down 12.39% on the 7th); Mantle (1.23 billion US dollars, down 6.51% on the 7th).

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04 августа 2024 06:58

Galaxy Research: The vast majority of Bitcoin Layer2 networks will not survive

According to financial reports, Galaxy Research said in a report that the vast majority of Bitcoin rollups will be unsustainable. Due to transaction fees, Bitcoin Rollups require millions of dollars per year to maintain. Galaxy wrote: "Each individual data publishing transaction can take up to 400KB (0.4MB) of block space, effectively occupying 10% of the entire block." Since there will be multiple Rollups, and data is expected to be published every 6 to 8 blocks, Rollups may quickly push base layer fees to new highs and make small transactions too expensive. Given the competition for block space, only Rollups that can generate the most fee income and pay block fees can maintain operations.

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04 августа 2024 05:58

Bank of America: It is expected that the Federal Reserve will cut interest rates by 25 basis points at the September meeting.

After weaker-than-expected July nonfarm payrolls following soft data such as the ISM manufacturing report, we believe this supports the likelihood of a Federal Reserve interest rate cut in September. As a result, we have adjusted our monetary policy outlook to lean towards further easing. We now expect the Fed to cut rates by 25 basis points at the September meeting. Nevertheless, we still anticipate a gradual easing of monetary policy. Alongside this adjustment, we have also lowered our expectations for the final rate of the upcoming normalization cycle by 25 basis points to 3.25-3.5%. If the economy slows more rapidly than anticipated by us or the Fed, it would suggest reduced demand for a long-term stance of higher interest rates.

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04 августа 2024 05:26

The total market value of cryptocurrencies fell to $2.255 trillion, down 1.3% in 24 hours

⏩The total market value of cryptocurrencies decreased to $2.255 trillion, reflecting a 1.3% drop over the past 24 hours.
⏩Bitcoin's market dominance is currently at 56.83%, showing a 1.1% increase from the previous day.
⏩Stablecoins hold a total market value of $163.8 billion, constituting a market share of 7.27%.

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04 августа 2024 05:07

Less than 12 hours left to vote on the proposal to reduce the supply of JUP tokens

JupiterDAO has issued a reminder to users, notifying them of the ongoing proposal vote concerning the destruction of 30% of the JUP supply. As of now, the vote has already accumulated over 250 million votes, marking it as the most participated vote in JupiterDAO's history. Users have 12 hours left to participate in the decision-making process.

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04 августа 2024 04:46

BlackRock IBIT saw a net inflow of $43.2 million

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04 августа 2024 04:28

Bitcoin recovers above $61,000

Bitcoin rebounded above $61,000 and is now quoted at $61,153.

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