News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: The U.S. dollar gained against major world currencies after its August 1 tumble, as investors looked forward to imminent Fed rate cuts. Trump’s firing of the Bureau of Labor Statistics Commissioner Erika McEntarfer and the surprise resignation of Fed Governor Adriana Kugler sank the dollar on Friday. MRB Partners warned of an even more “dire scenario” if faith in the U.S. government’s ability or willingness to repay its debts ever faltered.
Share link:In this post: Ethena’s USDe expanded its supply by 75% in July, reflecting the ETH rally and the renewed confidence in the crypto market. Staked USDe rose to a record premium at $1.19, with $5.22B staked. USDe has spread to Bybit and Uniswap V3, with he potential to decrease the supply if ETH breaks its bullish streak.
Share link:In this post: President Donald Trump says they may offer some kind of dividend to Americans from the tariff revenue. In late July, Trump had said they were considering rebate checks for Americans. Countries still have up to August 7 to negotiate a trade deal with the US.
Share link:In this post: Former UK Chancellor and British Finance Minister George Osborne warned that the country was losing crypto ground to rivals in the global race. Osborne criticized the Labour government for its cautious approach to crypto, pointing out that the U.S., the UAE, and Asia were seizing the opportunity. The founder of ByteTree, Charlie Morris, said the FCA had taken an understandable cautious approach given Bitcoin’s volatile past.
This is not a "lightweight" entrepreneurial opportunity.
Strategy's stock price has increased by 166% over the past year, which is twice the increase of Bitcoin (BTC) during the same period.
Corporate interest in altcoins like Ethereum and Solana is growing, with major investments from companies like GameSquare and Bitmine. However, Bitcoin continues to lead as the dominant treasury asset.
- 02:31a16z receives 1.428 million HYPE from Anchorage DigitalAccording to Jinse Finance, crypto analyst MLM (@mlmabc) monitored that 8 hours ago, a16z received 1.428 million HYPE from Anchorage Digital, valued at 66.6 million US dollars.
- 02:17Crypto compliance platform Kea completes €6 million extended seed round financingJinse Finance reported that the cryptocurrency compliance platform Kea has completed an extended seed round of financing, raising 6 million euros at a post-money valuation of 40 million euros. The lead investor is a Swiss private investor, but the specific name was not disclosed. The company mainly provides compliance management services for cryptocurrencies, stablecoins, foreign exchange, SEPA, SWIFT, and IBAN accounts. The new funds will be used to apply for EMI licenses in the UK, UAE, and the EU, and to develop stablecoin infrastructure as needed.
- 01:47US Senator Warren criticizes the Trump family again for profiting from cryptocurrencies and failing to deliver on promises to reduce inflationJinse Finance reported that U.S. Democratic Senator Elizabeth Warren once again harshly criticized Trump in a video posted on the X platform, accusing him of failing to deliver on his promise to reduce inflation, while at the same time his family's cryptocurrency business has increased his wealth by several billions of dollars. She said: "What is shocking to everyone is that Trump is actually a big liar. He did not lower grocery prices; instead, he played a 'red light, green light' game with tariffs, which actually increased your shopping costs. Reports indicate that the Trump family's holdings in World Free Finance Company tokens surged in value after the token was listed for trading, bringing about $5 billions in paper wealth growth. Trump profited handsomely during his presidency, while you had to pay higher costs. This is an act of betrayal, and we will never let him get away with it."