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Share link:In this post: A recent poll revealed that 51% of Americans believed that President Trump’s economic policies would harm the economy in the next year. In the same poll, over 70% of the respondents considered the current economic conditions poor, compared to 28% who believed the conditions were good. Another recent poll also revealed that a majority of Americans saw Trump’s economic policies as too erratic, pointing out the recent enactment of import tariffs.
Pi Network's migration deadline has led to widespread confusion and massive token forfeitures, contributing to an 11% drop in the asset's price. While the project's future remains uncertain, its passionate community may help it recover.
Sonic (S) has seen a 15% surge in the last 24 hours, with its price reaching $0.51. The token eyes further gains as it moves toward key resistance levels.
XRP has regained 50% of its losses, with strong investor support, particularly from long-term holders, fueling the potential for further gains. A successful breach of the $2.33 resistance could drive XRP towards $2.70, confirming a bullish recovery.
The choice between centralized exchanges (CEX) and decentralized exchanges (DEX) often comes down to a trade-off between convenience and security. EVEDEX, a next-generation hybrid exchange, is eliminating that dilemma by offering the best of both worlds. In an exclusive Ask Me Anything (AMA) session with BeInCrypto, the EVEDEX team shared insights into how their hybrid …
Cardano's ADA faces mounting selling pressure, with short-term holders reducing their positions as the cryptocurrency market remains bearish. ADA's price below the 20-day EMA suggests further declines unless a bullish shift occurs.
PiFest 2025 aims to drive PI Coin adoption globally, but legal and regulatory uncertainties, alongside a 10% drop in its price, cast a shadow over the event's success.
Solana’s network struggles with decreased activity, leading to a significant drop in its TVL and SOL price. The decline in daily transactions and user engagement indicates a challenging outlook for the blockchain and its native token.
BTC price action decides that good news on inflation is in fact bad news thanks to persisting US trade war fears dampening risk-asset trader appetites.
- 19:04Musk shares posts from X accounts @a, @v, and others updating their profiles to Grok CompanionBlockBeats News, August 3 — Elon Musk retweeted a post stating that the account with the handle @a on the X platform has updated its profile to Grok humanoid companion Ani developed by xAI; the account with the handle @v has updated its profile to Grok humanoid companion Valentine developed by xAI; and the account with the handle @Rudi has updated its profile to Grok pet companion Rudi developed by xAI, among others.
- 19:03Report: Citigroup, JPMorgan, Goldman Sachs, and SBI Group Lead Traditional Financial Institutions in Blockchain DeploymentBlockBeats News, August 3—According to a report by Cointelegraph, a new joint report released by Ripple, CB Insights, and the UK Blockchain Technology Centre shows that Citigroup, JPMorgan Chase, Goldman Sachs, and Japan’s SBI Group have become the most active representatives of traditional financial institutions supporting blockchain startups. The report points out that between 2020 and 2024, global banks participated in 345 investments in blockchain companies, with most concentrated in the early-stage financing rounds. Among them, Citigroup and Goldman Sachs each completed 18 deals, leading the industry; JPMorgan Chase and Mitsubishi UFJ followed closely, with 15 investments each. Notably, “mega funding rounds” of $100 million or more have been a key focus for banks. Over the past four years, banks have participated in 33 such rounds, with funds mainly flowing to companies specializing in trading infrastructure, tokenization, custody, and payment solutions.
- 19:03Justin Sun Appears in Good Spirits After Space Return, Smiling During Capsule ExitBlockBeats News, August 3 — According to a live broadcast by Blue Origin, TRON founder Justin Sun has successfully exited the New Shepard crew capsule, smiling and in good spirits. Justin Sun has just completed a 10-minute and 14-second suborbital space flight, making him one of the few Chinese entrepreneurs to have traveled to space.