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Fairshake has amassed $140 million for the 2024 midterms, aligning with Congress' Crypto Week to back key pro-crypto legislation. The PAC aims to strengthen industry influence and secure regulatory wins.
A trader accidentally burned $75K worth of PUMP tokens while cleaning up junk airdrops. Here's what happened.What Went Wrong with the PUMP Token BurnLessons for the Crypto Community
BlackRock has purchased 50,970 ETH worth $150 million, signaling growing institutional interest in Ethereum.Ethereum Gains Institutional TractionWhat This Means for the Market
Fidelity acquires 10,571 ETH worth $31 million, signaling growing institutional confidence in Ethereum.Why This Ethereum Purchase MattersWhat This Means for Ethereum’s Future
KindlyMD, a Nasdaq-listed firm, secured $51.5M in just 72 hours to invest in Bitcoin, signaling growing institutional interest.Institutional Adoption Keeps Gaining MomentumWhat This Means for the Crypto Market
Hyperion acquires $5M worth of $HYPE, raising its total token holdings to over 1.42 million.What Does This Mean for $HYPE?Growing Trend of Institutional Adoption
Cardano ($ADA) tops Proof-of-Stake tokens with over 4M user interactions in just 24 hours.TIA and ALGO Follow as PoS Interest GrowsWhat This Means for Crypto Investors
XRP’s recent surge, led by new addresses and strong market sentiment, positions the coin near its ATH. Watch for a potential breakout.
Pi Coin remains under pressure, nearing its all-time low with a bearish outlook. The altcoin could face more losses unless it breaks key resistance.
- 06:52The Federal Reserve may cut interest rates by 25 basis points in September, signaling the start of an easing cycle.According to ChainCatcher, citing Golden Ten Data, Mizuho Bank stated that the U.S. August non-farm payrolls report further confirms the weakening trend in the labor market, with employment, working hours, and income growth rates having fallen back to pandemic-era levels. The Federal Reserve is almost certain to cut interest rates by 25 basis points at its September meeting, and if August inflation is weaker than expected, the possibility of a 50 basis point rate cut increases. It is expected that the Federal Reserve will initiate a sustained easing cycle, aiming to lower interest rates to around 3%.
- 06:37Market News: The Hong Kong SAR government is preparing for the third issuance of digital bondsAccording to ChainCatcher, the Hong Kong SAR government has commissioned banks to prepare for a potential digital bond issuance. If this issuance proceeds, it will be the third digital bond issuance by Hong Kong. In 2023, under the Government Green Bond Programme, the Hong Kong SAR government successfully issued HKD 800 millions worth of tokenized green bonds, making it one of the world's first government-issued tokenized green bonds. Subsequently, in 2024, it issued the world's first multi-currency digital green bonds, involving approximately HKD 6 billions.
- 06:03The probability of "Trump stepping down as president this year" is currently 6% on Polymarket.According to Jinse Finance, information from relevant pages shows that the probability of "Trump stepping down as president this year" on Polymarket is currently reported at 6%.