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Share link:In this post: Santiment has stated that the increase in social media chatter surrounding the Fed and interest rates could pose risks to digital assets. More than 75% of market participants are predicting a rate cut in September after Powell’s speech. Analysts are divided over the short and long-term effects on digital assets if a rate cut happens in September.
Share link:In this post: LayerZero announced its acquisition of Stargate Finance in a $120 million deal. The deal will bring Stargate under LayerZero’s ecosystem, with ZRO becoming the sole token. ZRO and STG are down today despite the deal, as holders hope for a resurgence.
Share link:In this post: Emerging markets are projected to outperform developed economies due to looser U.S. monetary policy, tighter fiscal control in EMs, and increasing investor flows. Fed rate cut expectations are boosting EM appeal, with funds like iShares Core MSCI EM ETF attracting billions since April. Strong fundamentals support EM assets, including lower inflation surprises, attractive equity valuations, and selective currency strength like the Brazilian real.
- 17:11Google's proposed sale of ad tech falls short of U.S. Department of Justice requirementsJinse Finance reported that a Google attorney stated on Monday that Google had considered selling part of its advertising technology business to address antitrust concerns in Europe and the United States, but the proposal by the U.S. Department of Justice for a mandatory sale of its ad trading platform demanded far more than that. Google’s external counsel said that the Department of Justice is requiring a “complete technical separation and divestiture” of Google’s ad trading platform AdX. The Department of Justice and Google will begin a two-week hearing next week to discuss whether the company must sell part of its business after a judge ruled that Google illegally monopolized two ad tech markets. “Google had considered a business divestiture,” the lawyer said, “but that is entirely different from the Department of Justice’s proposal in every respect.”
- 16:33The hacker who stole funds from a certain exchange user panic-sold 3,976 ETH, incurring a loss of $932,000 in two days.BlockBeats News, on September 15, according to monitoring by Lookonchain, the hacker who stole over 300 million USD from a user of a certain exchange has just panic sold 3,976 ETH (worth 17.98 million USD), with an average selling price of 4,522 USD, resulting in a loss of 932,000 USD within two days.
- 16:32Dogecoin ETF DOJE and XRP ETF XRPR are scheduled to launch this Thursday.BlockBeats News, September 15, Bloomberg Senior ETF Analyst Eric Balchunas disclosed in a post that "as of now, the Dogecoin ETF DOJE is scheduled to launch this Thursday, along with the 40 Act spot XRP ETF XRPR (both are included in the same effective prospectus). Trump and Bonk are also included, but their launch dates have not yet been announced." The Rex-Osprey DOGE spot ETF (ticker DOJE) is issued under the Investment Company Act of 1940, similar to SSK. There is also a large number of projects under the Securities Act of 1933 still awaiting approval from the U.S. Securities and Exchange Commission (SEC). This is likely the first ETF in U.S. history that intentionally holds assets with no actual use.