News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitcoin's price saw a slight uptick following the US CPI release, showing 2.8% inflation in July. Analysts now expect a Fed rate cut in September, keeping markets on edge.
Ethereum’s supply squeeze, fueled by corporate accumulation, whale activity, and record staking, is setting the stage for a potential rally toward $7,000. Analysts highlight $4,400 as the key breakout point for short-term momentum.
Share link:In this post: Ethereum developer Federico Carrone was detained for hours in Turkey over alleged misuse of Ethereum. The accusation is likely connected to privacy protocols and Carrone’s research on the subject. Despite crypto adoption, privacy and self-custody tools continue to face legal uncertainty and risks.
Share link:In this post: • A7A5 allows holders of Russian bank cards to buy stablecoins. • Option available only to Russian citizens, clients of sanctioned bank PSB. • Traders can also sell the tokens and receive Russian rubles in their card accounts.
Share link:In this post: Ola Källenius, CEO of Mercedes-Benz, has publicly criticized the European Union’s plan to ban CO2-emitting vehicles by 2035. Källenius argues that the transition to electric vehicles must be balanced with the realities of supply chain capabilities and consumer needs. The Trump administration released updated guidelines for a $5 billion program expanding electric vehicle (EV) charging infrastructure across the United States.
Share link:In this post: General Motors (GM) is shifting its driverless car strategy from robotaxis to personally owned autonomous vehicles. Former Tesla Autopilot chief Sterling Anderson will lead the renewed self-driving push. GM plans to rehire Cruise veterans and bring in new talent to accelerate development.
Share link:In this post: MARA will buy 64% of EDF’s Exaion for $168 million. The deal moves MARA from Bitcoin mining into AI data centers. MARA will focus on running AI models instead of training them.
LDO’s 67% rally faces a reality check as euphoria peaks, risking a pullback if buyer fatigue sets in.
- 05:44Fed Chair Powell May Signal a Gradual Rate Cut StrategyAccording to ChainCatcher, citing Jinshi News, PGIM Chief Global Economist Daleep Singh stated in a report that Federal Reserve Chair Jerome Powell may signal a more gradual rate cut strategy at the Jackson Hole meeting. Last week’s US CPI and PPI data showed that inflation in the US remains stubborn, staying above 3%. PGIM expects the Fed to cut rates by a total of 100 basis points by next year, which is about 50 basis points less than current market expectations.
- 05:31Opinion: LP Set by YZY Developers Can Lead to Hidden Trader Fees of 4-5% Due to Excessive Tick SpacingAccording to a report by Jinse Finance, crypto KOL @0xBiZzy stated that the LP set up by YZY developers earned nearly $10 million in fees within just a few hours. More notably, the LP Bin Step (price range) was set excessively high at 100, instead of the usual 50, resulting in an implicit fee rate of 4-5% for traders. This means that the total cost for traders to fully enter and exit amounts to approximately 10%.
- 05:31Institutions: Fed Chair Powell Likely to Remain Neutral at Jackson HoleAccording to Jinse Finance, Blerina Uruci, Chief U.S. Economist at T. Rowe Price, stated that Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole meeting may emphasize maintaining maximum flexibility for the upcoming FOMC meetings, noting that the policy path will depend on inflation and labor market data. She pointed out that before the Federal Reserve meeting on September 17, there will be one more employment report and one more CPI report released. If inflation rises sharply or the labor market shows a strong recovery, it is more likely that rates will remain unchanged at the next meeting; if August employment growth falls below 50,000 per month and the unemployment rate rises, a dovish rate cut of 50 basis points may occur. (Jin10)