News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: Santiment has stated that the increase in social media chatter surrounding the Fed and interest rates could pose risks to digital assets. More than 75% of market participants are predicting a rate cut in September after Powell’s speech. Analysts are divided over the short and long-term effects on digital assets if a rate cut happens in September.
Share link:In this post: LayerZero announced its acquisition of Stargate Finance in a $120 million deal. The deal will bring Stargate under LayerZero’s ecosystem, with ZRO becoming the sole token. ZRO and STG are down today despite the deal, as holders hope for a resurgence.
Share link:In this post: Emerging markets are projected to outperform developed economies due to looser U.S. monetary policy, tighter fiscal control in EMs, and increasing investor flows. Fed rate cut expectations are boosting EM appeal, with funds like iShares Core MSCI EM ETF attracting billions since April. Strong fundamentals support EM assets, including lower inflation surprises, attractive equity valuations, and selective currency strength like the Brazilian real.
- 18:19Ethereum's net supply increased by 17,940 in the past 7 daysAccording to Jinse Finance, on August 25, data from Ultrasound.money shows that Ethereum's net supply increased by 17,940.12 ETH over the past seven days. During this period, the total supply grew by approximately 18,655 ETH, while 1,757 ETH were burned through the destruction mechanism. The current annual supply growth rate stands at 0.774%.
- 17:13Total ETH Staked on Lido Surpasses 8.75 Million, with Over 990,000 ETH in Staking Rewards Paid OutAccording to official data reported by Jinse Finance, the total amount of ETH staked on the liquid staking platform Lido has reached 8,762,831 ETH, equivalent to approximately $42,209,731,080. In addition, as of now, Lido has paid out staking rewards totaling 991,635 ETH, which is about $4,776,613,319.
- 16:55Aave Founder: Proposal Created by WLFI Team Has Been Voted on and Approved by Aave DAOForesight News reports that Aave founder Stani.eth responded in the comments section of a tweet regarding the claim that "the WLFI team stated Aave would receive 7% of the total token supply," saying this information is inaccurate. He attached a link to the relevant proposal and stated: "The proposal created by the WLFI team has already been voted on and approved by the Aave DAO."