cryptobriefing
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Fed holds interest rate steady at 23-year high, possible rate cuts coming September
Key Takeaways Fed’s rate hold aligns with expectations, Bitcoin price shows minimal immediate reaction. Market anticipates September rate cut, potentially…
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SOL set for bullish August amid anticipated developments, says Zeta Markets founder
Key Takeaways Solana’s TVL surpassed $10 billion for the first time since December 2021. Solana-based DEXs outpaced Ethereum in monthly…
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Tether reports record-breaking $5.2 billion profit in H1 2024
Key Takeaways Tether reported a record $5.2 billion profit for the first half of 2024. Tether’s US Treasury holdings reached…
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Global crypto trading volume set to surpass $108 trillion in 2024: Coinwire
Key Takeaways Global crypto trading volume estimated to exceed $108 trillion in 2024, up 90% from 2022. Europe leads global…
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Terra hit by $6 million loss as attacker exploits vulnerability known since April
Key Takeaways Terra blockchain lost over $6 million in an exploit using a vulnerability known since April 2023. ASTRO token…
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Bitcoin extends correction following Mt. Gox’s billion transfer
Key Takeaways Bitcoin experienced a significant price decline, falling below $66,000 after Mt. Gox’s new Bitcoin move. The impact of…
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Fed decision looms after US gov moves Bitcoin – here’s what to expect
Key Takeaways BOJ, Fed, and BOE are making crucial rate decisions this week. Global markets anticipate the impact of these…
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LayerZero becomes default interoperability solution for Animoca Brands
Key Takeaways LayerZero is becoming the default interoperability solution for Animoca Brands. The collaboration focuses on enhancing Web3 gaming and…
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Ethereum ETF flows turn positive as BlackRock fund logs $118 million inflows
Key Takeaways BlackRock’s iShares Ethereum Trust led with $118 million in inflows, courting major outflows from Grayscale’s fund. US spot…
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DeFi ecosystem just moving water in bathtub
Key Takeaways Cardano prioritizes long-term value and reliability over rapid user acquisition in DeFi. Hoskinson believes future blockchain adoption will…
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