USDe supply now exceeds $8.4B, growing faster than inflows to BlackRockβs Bitcoin & Ethereum ETFs combined ($4.35B)! π Ethenaβs synthetic stablecoin has seen massive growth since Feb '24, with ENA up nearly 120% in the last month. #USDe #DeFi #crypto
#blockchain #news #BTC #Bitcoin
Traders See 75% Chance of September Fed Rate Cut
Futures markets now indicate a 75% probability that the Federal Reserve will lower interest rates by 25 basis points at its September meeting, up from 45% before the release of the latest employment report, according to a report by Jinshi.
#crypto #blockchain #news
US job growth figures for May & June were revised *down* significantly. May went from 144k to just 19k jobs added, and June from 147k to 14k. A combined 258k job reduction suggests a potential economic slowdown. Economic data is always evolving!
#crypto #blockchain #news
US job growth slowed in July to 73K, below the expected 110K. Previous months' gains were also revised *down* significantly (to 14K!). Unemployment rate dipped to 4.2%. #economy #jobs
#crypto #blockchain #news
Solana futures trading on CME surged in July! Volume jumped 252% to $8.1B, and open interest rose 203% to $400.9M β hitting new highs. Still trails Bitcoin ($275.3B volume) & Ethereum ($118.1B volume) on the exchange. #Solana #CME #crypto
#blockchain #news #BTC #Bitcoin
OpenAI just secured $8.3B, hitting a $300B valuation! π€― They're aiming for another $40B by 2025. Huge vote of confidence in AI & their leadership. #OpenAI #AI #funding
#crypto #blockchain #news
US crypto ETFs saw record $12.8B inflows in July β $600M/day, double the usual rate! π This beats inflows for even popular ETFs like VOO, showing strong investor demand for crypto via traditional investment options. #crypto #ETF #Bitcoin #Ethereum
#blockchain #news #BTC
Trump Claims Growing Dissent Within the Federal Reserve
Former U.S. President Donald Trump has stated that there is significant and increasing disagreement within the Federal Reserveβs governing board. The remarks, reported by ιε, suggest internal tensions are escalating at the central bank.
#crypto #blockchain #news
Virtu Financial increased its Bitcoin holdings by 175 BTC in Q2, now holding a total of 410 BTC. The global trading firm is expanding its digital asset presence. #Bitcoin #BTC #VirtuFinancial
#crypto #blockchain #news
Belgravia Hartford Increases Bitcoin Holdings
Canadian publicly-traded company Belgravia Hartford has increased its Bitcoin holdings by 42.38 coins, bringing its total Bitcoin treasury to 83.15 coins, according to an official company announcement.
#crypto #blockchain #news #BTC #Bitcoin
