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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.
- 01:47Data: Four addresses accumulated 580,000 LINK in 24 hours, worth approximately $13.86 millionAccording to ChainCatcher, as monitored by @ai_9684 xtpa, four addresses collectively increased their holdings by 580,995 LINK in the past 24 hours, with a total value of approximately $13.86 million. These addresses now hold LINK worth a combined $31.83 million and are currently in a profitable position overall.
- 01:43ETH falls below $4,400According to Jinse Finance, market data shows that ETH has fallen below $4,400 and is now quoted at $4,398.87, with a 24-hour decline of 0.4%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 01:08CITIC Securities: US Stock Market's "Rate Cut Trade" Falters, Awaiting Powell's RemarksAccording to ChainCatcher, citing Jintou, a research report from CITIC Securities pointed out that after the release of the US July CPI on August 12, there was a style shift in the US stock market, with investors recalling the "rate cut trade" that followed the June 2024 CPI release. However, the US July PPI released on August 14 far exceeded expectations, impacting the "rate cut trade." If Powell adopts a dovish stance and officially announces a rate cut for September at next Friday's Jackson Hole Global Central Bank Annual Meeting, the "rate cut trade" theme in US equities may become clear once again.