Zhongjin Investment forecasts cautious Fed rate cuts due to stagflation risks & persistent inflation. Expect price stability to be prioritized over quick easing. #Fed #economy #rates #crypto #blockchain #news
Chamath’s back with a $250M SPAC (American Exceptionalism Acquisition Corp. A) targeting energy, AI, crypto & defense. No warrants, 50% price increase for founder shares. Still cautions SPACs are risky – SoFi is the only success so far. #SPAC #Chamath #crypto #blockchain #news
SEC delays decisions on spot Bitcoin & Ethereum ETFs linked to Truth Social, pushing review to Oct 8. Delays also issued for Litecoin, XRP, & Ethereum staking ETFs. SEC cites need for further review. #crypto #ETF #SEC #blockchain #news #BTC #Bitcoin
US Treasury Sec. Scott Bessent says passing the GENIUS Act is vital for US leadership in digital assets. He believes stablecoins could boost US dollar use globally & demand for US Treasury bonds. Key to staying competitive! #digitalassets #stablecoins #GENIUSAct #crypto #blockchain #news
Ethereum could face a $2B weekly sell-off as staked ETH unlocks. 880k ETH expected to exit staking this month, potentially dropping price 5-7%. Experts suggest hedging & selling put options around $4k. Caution advised! #Ethereum #ETH #crypto #blockchain #news
Crypto is increasingly impacting US stocks! 5 crypto-linked companies – MicroStrategy, BitMine, Robinhood, Coinbase & Circle – were among the top 25 best-performing US stocks by liquidity in the last 5 days. Signals growing investor interest in digital assets & market integration. πŸš€ #crypto #blockchain #news
Binance fixed PLUME airdrop issues! Rewards are coming as planned. πŸš€ PLUME trading starts Aug 18, 23:00 UTC with USDT, USDC, BNB, FDUSD & TRY pairs (seed tag rules apply). Deposits open 19:30 UTC. Get ready to trade! πŸ’° #crypto #blockchain #news
Backpack Exchange is boosting transparency! πŸš€ They'll now publish *daily* proof of reserves, independently verified by OtterSec. Users can check wallet details & validate balances on their new transparency page. Building trust & showing commitment to asset safety! πŸ›‘οΈβž‘οΈ link to page #crypto #blockchain #news