NewsFrance's financial markets regulator has started accepting applications from crypto asset service providers (CASPs) as part of the country's preparations for the Markets in Crypto-Assets (MiCA) regulations. Starting December 30, companies offering any of the ten crypto services will be required to hold a unified license to operate. This license will also serve as a European "passport," allowing companies to operate in other EU countries. Firms have until July 1, 2026, to transition to the CASP license.Mempool.space has launched an off-chain accelerator aimed at speeding up Bitcoin transactions. This new system operates outside the main blockchain and is designed to help users process "stuck" transactions, subject to an additional miner fee and service charge. Fees can be paid in Bitcoin via the Lightning Network or in fiat currency through Cash App, Apple Pay, or Google Pay.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsCrypto lender Genesis Global and its affiliated entities have announced the completion of their restructuring process under bankruptcy proceedings and will begin distributing $4 billion worth of digital assets among the remaining creditors. On average, Genesis victims will recover about 64% of their crypto assets, though the exact percentage varies depending on the specific coin.The U.S. Commodity Futures Trading Commission (CFTC) has issued a subpoena to Ben "BitBoy" Armstrong's company, Hit Network, as part of an investigation into fraudulent crypto activities. The CFTC has demanded that Armstrong provide all information related to activities involving 15 tokens promoted in his YouTube videos, including the BEN memecoin associated with him. This investigation is part of a broader effort to crack down on individuals involved in crypto-related fraud and related illegal conduct.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsDubai-based crypto broker Bybit has announced its exit from the French market, ceasing to offer its products and services in the country. The company cited difficulties in obtaining the necessary licenses following the tightening of regulations in August 2023, in compliance with the European Union's Markets in Crypto-Assets (MiCA) framework. French users have until August 13 to close all positions, after which only asset and fund withdrawals will be permitted.Ribbit Capital led a $50 million funding round for decentralized lending developer Morpho Labs, with participation from other investors including Coinbase Ventures, Brevan Howard, and Kraken Ventures. Morpho Labs' initial product, the Morpho Optimizer, enhanced available interest rates for Aave and Compound users but has since evolved into an independent financial infrastructure layer. Their latest product, Morpho Blue, a decentralized lending protocol, now boasts over $1.5 billion in Total Value Locked (TVL).MicroStrategy announced on Thursday that it has purchased an additional 12,222 bitcoins for $805.2 million since the start of the second quarter. The company also introduced a new key performance indicator for its bitcoin strategy. MicroStrategy's total bitcoin holdings now stand at 226,500, acquired at a total cost of $8.3 billion, averaging $36,821 per bitcoin.TokenPocket Wallet, a cryptocurrency wallet with over 25 million users, has announced a new feature that allows users to pay gas fees on the Tron blockchain in USDT instead of TRX. When initiating a transaction, TokenPocket Wallet will automatically use USDT to cover the gas fees. This automation eliminates the need for users to maintain a separate TRX balance for transactions, making the process smoother and more efficient.Following the recent merger of AI-focused ventures Fetch.ai, SingularityNET, and Ocean Protocol, the open-source Lumerin protocol has announced a partnership with Morpheus and Exabits to create a...

Job growth in the United States in July was significantly slower than expected and the unemployment rate rose, the Labor Department reported Friday. Nonfarm payrolls rose by just 114,000, compared with a downwardly revised 179,000 in June and a Dow Jones estimate of 185,000. The unemployment rate rose to 4.3%, the highest since October 2021. Average hourly earnings, an inflation barometer that is closely watched, rose 0.2% in the month and 3.6% from a year earlier, both below forecasts of 0.3% and 3.7%, respectively.

The consumer price index (CPI) in Switzerland fell by 0.2% in July 2024 compared with the previous month, to 107.5 points. Inflation was +1.3% compared with the same month of the previous year. According to the Federal Statistical Office (FSO), the 0.2% decrease compared to the previous month is due to several factors, including lower prices for international package tours and air travel.

NewsThe messaging platform Telegram has launched an in-app browser that supports decentralized websites hosted on the TON network, along with the introduction of a mini-app store. Users can now switch between websites and the platform's messaging features, making Web3 instantly accessible to nearly one billion monthly users.The Bank for International Settlements (BIS) and the Bank of England have announced their latest project, Project Pyxtrial, which aims to track the reserves of asset-backed stablecoins and tokenized assets. The system operates as a proof-of-concept and requires collaboration among regulators, engineers, and issuers. However, it is not yet fully ready, as the "world is not yet prepared" for its implementation.OKX’s venture capital arm and the Aptos Foundation, the organization behind the Aptos Layer 1 blockchain, have launched a $10 million ecosystem growth fund. The initiative aims to accelerate Aptos' growth and promote the widespread adoption of Web3 technologies. The fund will primarily support an accelerator program run in partnership with Ankaa, focusing on high-quality projects and applications built on the blockchain.The Telegram clicker game Notcoin has announced a new story-driven game in collaboration with The Open Network (TON) NFT project, Lost Dogs. In this game, players will vote daily on decisions that shape the narrative of Lost Dogs over six weeks. As the game progresses, characters based on the Lost Dogs NFT collection will acquire special abilities and may even become "celebrities."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

Today's US ISM July manufacturing index was very weak. The overall balance fell to 46.8 from 48.5 (consensus 48.8), meaning it has been below the 50 threshold in 20 of the past 21 months. Employment was very weak, falling from 49.3 to 43.4, the worst reading since the epidemic (June 2020) and foreshadowing a potentially very disappointing non-farm payroll number tomorrow. Meanwhile, new orders fell from 49.3 to 47.4 and production fell from 48.5 to 45.9.

The Bank of England announced in a statement on Thursday that it has cut interest rates for the first time since the start of the COVID-19 pandemic in early 2020. The Bank's nine-member policy-making body voted 5-4 to cut the Bank's base rate by a quarter of a percentage point to 5% from its 1-year high of 5.25%. Economists were divided on whether the autonomous bank would cut interest rates, given the persistent price pressures on the services sector, which accounts for around 80% of the UK economy. However, UK inflation has already reached the bank's target of 2%.

The Federal Reserve kept interest rates at a two-decade high on Wednesday, while leaving open the possibility of a rate cut at its next meeting in September. Why is this important? High borrowing costs are negatively impacting the labor market, suggesting the Fed may cut rates soon.

NewsThe Lava Network, founded in 2022, has officially launched its modular blockchain, designed to facilitate the retrieval and transmission of blockchain data for other projects via RPC (Remote Procedure Call). The project has garnered support from prominent names such as the Filecoin Network, Starknet Foundation, and Cosmos Hub. Alongside the mainnet launch, the network conducted an airdrop of 55 million LAVA tokens to its community.Today marks the debut of Grayscale Investments' latest product, the Grayscale Bitcoin Mini Trust, which trades under the ticker "BTC" on the NYSE Arca exchange. This new trust was approved by the U.S. Securities and Exchange Commission (SEC) last week and is essentially a "spin-off" of the larger Grayscale Bitcoin Trust (GBTC). The Grayscale Bitcoin Mini Trust offers a more accessible entry point for investors, with Grayscale allocating a portion of the Bitcoin held in the GBTC to this new mini trust. GBTC shareholders will also receive shares in the Mini Trust proportionate to their existing holdings.Daylight, a decentralized physical infrastructure network (DePIN) project focused on energy distribution, has raised $9 million in a Series A funding round led by the crypto branch of venture capital firm a16z. The project is known to be building its protocol on Base, an Ethereum Layer 2 network incubated by Coinbase, and the testnet is already live. With this recent fundraising, the total funding has reached $13 million.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

In the twelve months to the June 2024 quarter, the CPI rose by 3.8%. The main price increases in this quarter were for Housing (+1.1%), Food and non-alcoholic beverages (+1.2%), Clothing and footwear (+3.1%) and Alcohol and tobacco (+1.5%).

NewsNetherlands-based One Trading has received its trading license from the Dutch Financial Markets Authority (AFM), enabling the platform to introduce several new products in Europe, including crypto futures trading. One Trading will be the first regulated European derivatives crypto broker open to retail clients.The U.S. Securities and Exchange Commission (SEC) has informed Binance that it is seeking permission to amend its complaint to remove references to SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. This step aims to avoid a court decision on the sufficiency of the claims regarding these tokens, indicating that they are not considered securities.The Ethereum layer-2 StarkNet derivative protocol, ZKX, has announced its shutdown due to low user engagement and insufficient revenue to cover operating costs. Additionally, flawed tokenomics resulted in a continuous decline in token value. ZKX, once the leading project on StarkNet, had received investments from over a dozen venture capitalists, including Huobi Ventures, Crypto.com, and Hashkey.The latest game from Yuga Labs-supported NFT gaming company, Otherside, launched last weekend but received mixed reviews. Project Dragon, a shooter game developed by a team backed with $450 million, faced numerous bugs, including aiming lag and general gameplay issues. Many players reported that the game was not enjoyable, leading to widespread disappointment.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsTruth Social, whose parent company, Trump Media and Technology, went public earlier this year in a merger with a listed special purpose acquisition company, is trying to build a social media company from scratch. It has just 9 million users and less than $1 million in revenue. A merger with X would eliminate much of its costs and allow it to join the larger company's content moderation capabilities, security and advertising sales teams.While it may seem strange for one company to own two rival networks, there is precedent for this: online dating group Match already has competing services Tinder, Match and Hinge. Meanwhile, for Musk, merging Truth would turn a rival into an ally. X scored a coup earlier this month when US President Joe Biden used Musk's network to announce he was ending his re-election campaign. If Trump wins the race for the White House on 5 November, his own platform could be the first to get presidential news stories.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px"...

McDonald's on Monday reported a surprising drop in sales worldwide, the first decline in 13 quarters, as consumers looking for a deal shy away from higher-priced menu items, including Big Macs.

NewsSlovenia has issued its first digital state bond worth €30 million as part of the European Central Bank's payment trial program. The four-month bonds, maturing on November 25, come with an interest rate of 3.65%. Settlement was carried out through the Bank of France's tokenized cash system, utilizing central bank digital currency (CBDC).21Shares has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance transparency for the physical ETH reserves backing its 21Shares Core Ethereum ETF (CETH). This solution provides real-time reserve data publicly available through an off-chain feed directly sourced from Coinbase, ensuring asset integrity and building investor trust.DigitalX, the issuer of Australia's second spot BTC ETF, the DigitalX Bitcoin ETF (BTXX), has announced that it has chosen U.S. crypto broker Coinbase for custodial services for its spot Bitcoin ETF. This new partnership significantly expands Coinbase's role in managing global Bitcoin exchange-traded funds (ETFs).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

Mitsubishi Motors' shares jumped on Monday after media reports that the Japanese automaker is in talks to join a planned strategic partnership with Nissan and Honda. Nissan and Honda said in March that they were exploring cooperation in electric vehicle components and artificial intelligence in automotive software platforms, although they do not plan to make a capital tie-up.

NewsAt the Bitcoin 2024 conference held in Nashville, Donald Trump promised in his speech that if elected, he would fully support the American crypto-asset industry, aiming to make the USA the world's leading crypto superpower. Additionally, he vowed to fire SEC Chairman Gary Gensler and prevent the United States from selling its bitcoin holdings, which he envisions as a strategic bitcoin reserve for the future. He also reiterated his previous promises to reduce the sentence of Silk Road founder Ross Ulbricht and to halt the further development of the central bank digital currency (CBDC) by the American government, as well as to support the development of stablecoins and bitcoin mining in the country.At the same Bitcoin 2024 event, Howard Lutnick, CEO of Cantor Fitzgerald, announced the firm’s plans to launch a Bitcoin financing division with an initial funding of $2 billion. The division will offer leverage to investors holding digital assets. Lutnick emphasized that Bitcoin should be traded globally like gold, without exceptions or restrictions.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px"...

05 Aug 2024 - 3:45pm (GMT +1)Previous: 55.3Becslés: 712K Source: forexfactory.com Previous data Impact on markets A general market effect that is constantly changing depending on the current economic environment. Summary - Analysis Long term trend of data: Increasing Most expected effect: Forex ( DXY ), United States Stocks If new data is higher than previous: Positive ( Forex:DXY, US Stocks: Services Sector ) If new data is lower than previous: Negative ( Forex:DXY, US Stocks: Services Sector ) Effect-balancing with other data: Yes More on TOTM PROConclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.

NewsThe U.S. Securities and Exchange Commission (SEC) has approved Grayscale's second spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Mini Trust, for listing on the New York Stock Exchange's Arca electronic trading platform. Trading under the BTC ticker, this product will feature a management fee of only 0.15%. On July 31, Grayscale will transfer 10% of the Bitcoin held by the Grayscale Bitcoin Trust (GBTC) to the Mini Trust. Current GBTC shareholders will receive proportional shares in the Mini Trust based on their holdings in GBTC.Ethereum core developer Peter Szilágyi has voiced strong criticism against the proposed PeerDAS update. According to Szilágyi, the update would hinder home stakers, typically those with simpler computing setups, from participating in the Ethereum network. „Ethereum research is murdering home stakers live in front of everybody," Szilágyi wrote on the social media platform X. "This is not something I signed up for when joining Ethereum." He added, "at this point I'd be happy to proven otherwise, but I feel Ethereum is losing the plot. The research team fully embraced the idea to centralise everything as long as it can be verified. Which is a cute charade: decentralised validation but centralised control."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2"...

NewsThe mayor of Jersey City, New Jersey, has announced that a portion of the city's pension fund will be invested in Bitcoin ETFs, with the process expected to be completed by the end of the summer. This move follows Wisconsin's announcement in May that it holds $163 million worth of spot Bitcoin ETFs.Cardano's ecosystem organization, Intersect, has announced the introduction of Node 9.1.0. This update is described as the final version before achieving on-chain decision-making capabilities. This step advances Cardano's self-sustaining governance ecosystem and serves as a precursor to the Chang Hard Fork.StarkWare, the developer behind Ethereum's layer 2 solution Starknet, has announced a collaboration with Informal Systems to integrate the Cosmos-based Inter-Blockchain Communication (IBC) protocol. This integration will allow Starknet to connect with any IBC-compatible chain, including all chains within the Cosmos ecosystem and other compatible networks outside of it.BitFlyer Holdings has announced the completion of its acquisition of FTX Japan. The new business division plans to offer crypto custody solutions for institutional investors and aims to launch potential crypto-based exchange-traded funds (ETFs) in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1"...

US economic growth in the second quarter significantly exceeded forecasts, rising 2.8% quarter-on-quarter in the second quarter, compared to an estimated 2% and 1.4% previously. Core PCE prices also increased at a slower pace than expected, rising 2.9%, although this was slightly above the 2.7% previously expected. Personal spending rose 2.3%, which also beat expectations. Overall, this fits into the Fed's "soft landing" scenario and has little impact on expectations for a September rate cut, although there has been speculation that they may move as early as next week, which I doubt they will do.

Consumer prices in the Japanese capital rose 2.2% in July compared with the same period a year earlier, data showed on Friday. The increase accelerated for the third consecutive month, maintaining market expectations of a rate hike in the near future. The data came ahead of the Bank of Japan's two-day rate-setting meeting, which ends on Wednesday, where the bank's board will discuss the possibility of a rate hike and detail how it plans to reduce its massive bond purchases. The rise in the consumer price index (CPI), which excludes volatile fresh food costs, was in line with market forecasts and followed a 2.1% increase in June.

NewsThe Bitcoin rollup protocol, BitcoinOS (BOS), has successfully executed the first zero-knowledge proof (ZK-proof) on the Bitcoin mainnet. This milestone represents a new era for the Bitcoin ecosystem and decentralized applications, enabling enhanced functionality and scalability on the Bitcoin mainnet without requiring modifications to the blockchain's base layer.HSBC's Australian division has informed its customers that it will block payments to crypto platforms. By doing so, HSBC joins a group of banks citing fraud prevention as the reason for avoiding the crypto industry. A year ago, Australia's four major banks—Commonwealth Bank, National Australia Bank, Westpac, and Australia and New Zealand Banking Group (ANZ)—also ceased supporting such transactions.Riot Platforms, a leading U.S. Bitcoin mining company, has announced its acquisition of Block Mining, a Kentucky-based mining firm, for $92.5 million. The purchase price includes $18.5 million in cash and $74 million in Riot common stock. This acquisition immediately boosts Riot's hashrate, as Block Mining operates two facilities in Kentucky with a combined capacity of 60 megawatts.The core team of the TON blockchain, in collaboration with Tonkeeper, has launched the W5 smart wallet standard, promising gas-free transactions on The Open Network (TON) blockchain. The upgrade to existing wallet-smart contracts allows users to pay gas fees with Tether for USDT transfers and with NOT for Notcoin transfers, reducing barriers for new users. The W5 smart wallet is now live in Tonkeeper and will soon be integrated into TON Space and MyTonWallet.AtariX, the web3 initiative of the pioneering video game company Atari, has partnered with the Base layer 2 blockchain team to bring the classic arcade game Asteroids to the blockchain. Asteroids, a multi-directional shooter space game released in 1979, will be among the first classic games to be playable through Base. Atari plans to bring more of its...

US President Joe Biden said on Wednesday that he was dropping out of the race against Republican Donald Trump over concerns about the future of American democracy, and in his first public statement since completing his re-election bid, said he was stepping aside to allow a new generation to take over. In a speech in the Oval Office, Biden quoted former presidents Thomas Jefferson, George Washington and Abraham Lincoln as he described his love for the office he leaves in six months, ending half a century in public office.

NewsOn their first trading day, the nine U.S. spot Ethereum ETFs recorded a net inflow of $106.7 million, with a total trading volume exceeding $1 billion. Notably, the Grayscale Ethereum Trust (ETHE) experienced a net outflow of $484.1 million. Among the inflows, Blackrock's ETHA led with $266.55 million, followed by Bitwise's ETHW at $204 million, Fidelity's FETH at $71.31 million, and the Grayscale Ethereum Mini Trust at $15.15 million.Lightning Labs has announced the release of Taproot Assets v0.4 on the mainnet, enabling the minting of digital assets such as stablecoins on Bitcoin. This version supports the Lightning Network, offering a cheaper and more secure settlement option for stablecoin users on the Bitcoin blockchain.Pavel Durov, CEO of the popular messaging app Telegram, announced that the tap-to-earn crypto game Catizen, backed by Binance Labs, has generated $16 million in revenue from in-app purchases. With over 26 million players worldwide, Catizen has decided to donate 1% of its revenue to rescuing stray cats.Luxury sports car giant Ferrari has extended its cryptocurrency payment option to Europe following its success in the U.S. Ferrari's European dealership network will start accepting crypto payments for their cars from the end of July. The company has partnered with BitPay to facilitate payments in Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).The Russian parliament has passed a bill allowing the use of cryptocurrency transactions for international payments to maintain trade flow. Russia needs to expedite the development of its crypto payments infrastructure, as businesses require solutions, especially in cases involving sanctions, to access international markets using methods other than traditional ones.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3"...

US business activity growth rose at its fastest pace in 27 months in July, signalling a strong start to the third quarter, according to S&P Global's flash report. However, growth varied by sector, with the services sector leading the recovery, while manufacturing output fell for the first time in six months. The positive signs were somewhat dampened by a slowdown in employment growth and a second month of declining business confidence, mainly due to rising political uncertainty, heightened by the run-up to the presidential election.

French private sector output was close to stabilising in July. Although business activity in services firms expanded again, this was partly offset by a significant contraction in factory output. As a result, the combined output level of the two sectors fell slightly at the beginning of the third quarter. According to the latest HCOB survey, French demand for goods and services continued to fall, although employment growth remained stable. It is important to note that business confidence has been falling for the fourth consecutive month, reaching its lowest level so far this year.

NewsHIVE Digital Technologies, a cryptocurrency mining company, has announced plans to build a new 100-megawatt (MW) mining facility in Paraguay. This new facility is expected to increase their Bitcoin mining capacity by an additional 6.5 Exahash per second (EH/s), bringing their total global EH/s to 12.1 EH/s. HIVE currently operates data centers in Canada, Sweden, and Iceland.The U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds (ETFs), with trading starting on July 23. Nine funds will begin trading, providing both institutional and retail investors the opportunity to purchase the second-largest cryptocurrency. ETH (ether) has a market capitalization of $400 billion and is the only token besides Bitcoin to have futures contracts traded on the CME exchange.Marathon Digital, one of the largest Bitcoin mining companies, has been fined $138 million following a lawsuit filed by Michael Ho, co-founder of US Bitcoin Corp and strategic leader at Hut 8 mining company. The lawsuit claims that Marathon failed to compensate them for proprietary information shared, thereby breaching their non-circumvention agreement.SingularityNET (AGIX), the world's first decentralized artificial intelligence network, has invested $53 million in a modular supercomputer. This supercomputer is planned to serve decentralized artificial general intelligence (AGI) and will be the first of its kind dedicated to AGI and artificial superintelligence research.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou...

The National Association of REALTORS® reported that existing home sales declined in June, while the median sales price reached an all-time high for the second consecutive month. Sales declined in all four major regions of the United States. On a year-over-year basis, sales declined in the Northeast, Midwest and South regions, while the West remained flat. Total existing-home sales, including single-family homes, townhomes, condominiums, and cooperative housing, fell 5.4% from May to a seasonally adjusted annual rate of 3.89 million units in June.

News “We’re trying to target the very first stage of influenza infection since it would be better to prevent infection in the first place, but these molecules could also be used to inhibit the spread of the virus after one's infected,” says corresponding author Ian Wilson, DPhil, the Hansen Professor of Structural Biology at Scripps Research. Scientists at Scripps Research and Albert Einstein College of Medicine have developed a drug molecule that can prevent influenza A infection by blocking the virus from entering airway cells. Unlike current flu drugs, which act only after infection, these new inhibitors focus on the initial stage of infection by targeting haemagglutinin, the surface protein of the virus. The research, published in the Proceedings of the National Academy of Sciences on 16 May 2024, represents a significant step forward in the preventive treatment of influenza.The research team had previously identified a small molecule, F0045(S), but it had limited ability to bind to and inhibit the H1N1 influenza virus. This molecule has now been further improved using a high-throughput screening technique and a special chemistry called SuFEx-click chemistry. This has resulted in two improved molecules, 4(R) and 6(R), which now bind much more strongly to the virus. Tests on cell cultures also showed that molecule 6(R) had a strong antiviral activity and was safe - it was two hundred times more effective against the virus than F0045(S). Further optimisation of 6(R) eventually led to the development of compound 7, which became the most potent small molecule inhibitor of haemagglutinin. This compound showed excellent antiviral capabilities, making it a promising candidate for future antiviral treatments.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...

NewsAnimoca Brands has announced a partnership between its two subsidiaries, the blockchain-based identity project Mocaverse and the MOCA Foundation, which oversees the MOCA token, with the TON Foundation. This collaboration will connect the two ecosystems and facilitate token exchanges to boost user activity between them. TON's vision of freedom in interactions strategically aligns with Animoca Brands' mission to promote digital ownership.CSOP Asset Management, one of China's largest asset managers, has launched Asia's first inverse Bitcoin futures product in Hong Kong, named the CSOP Bitcoin Future Daily (-1x) Inverse Product. The fund aims to provide investors with a method to profit from declines in Bitcoin's price. This product offers an investment opportunity that corresponds to the inverse daily performance of the S&P Bitcoin Futures index.Web3 gaming infrastructure startup NPC Labs has secured $21 million in funding from Pantera Capital, Hashed, and other investors. Founded in April this year by three former Coinbase employees, NPC Labs aims to expand the adoption of on-chain gaming through its B3.fun platform built on the Base blockchain.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px"...

Berkshire Hathaway has reduced its stake in BYD to below 5%, in what is likely to be the last time Berkshire will publicly disclose its share sale in China's largest electric vehicle maker. The firm reduced its stake in BYD's H-shares from 5.06% to 4.94% on July 16, according to a report filed with the Hong Kong Stock Exchange on Monday. On June 11, the stake was 7.02%.

The People's Bank of China has cut its short-term policy rate for the first time in nearly a year, bolstering economic support after disappointing growth and setting a new course for interest rates. The seven-day rate was cut by 10 basis points to 1.7%, the PBOC said in a statement on Monday. The move is aimed at optimizing the open market operation mechanism and enhancing financial support to the economy, they added. Chinese banks followed suit about an hour later, cutting their main benchmark lending rates by 10 basis points each.

NewsGalaxy Digital Holdings (GLXY), led by Michael Novogratz, announced the acquisition of blockchain node operator CryptoManufaktur (CMF), including all its assets, as well as its operational and engineering teams. This acquisition aims to enhance Galaxy Digital's role in Ethereum staking, part of a broader effort to become a leading player in the blockchain infrastructure business.South Korea's first crypto regulatory framework has fully come into effect after a one-year grace period. Local crypto trading platforms are now required to hold at least 80% of user deposits in cold wallets, separate from their own funds. Cash deposits must be delegated to licensed banks, and platforms must maintain crypto-asset reserves equivalent in amount and type to customer deposits. Additionally, crypto businesses operating in the country must now have adequate insurance or create a reserve fund to prepare for hacks or liquidity crises.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsThe Chicago-based Cboe Exchange has announced the introduction of five spot Ethereum ETFs starting on July 23. These ETFs include the Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and 21Shares Core Ethereum ETF. The U.S. Securities and Exchange Commission (SEC) approved the regulatory changes on May 23 that allow for the listing of multiple spot ETH ETFs.Telegram CEO Pavel Durov has announced plans to support The Open Network (TON) blockchain. Later this month, he will introduce a mini app store and an in-app browser supporting web3 sites, provide opportunities for decentralized markets, and enhance efforts against crypto scams.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsZA Bank, the largest virtual bank in Hong Kong, has announced that it will provide reserve banking services to stablecoin issuers. The bank is currently in discussions with several stablecoin issuing companies, as the Hong Kong government requires these service providers to place mandatory reserve assets in local banks.Blockchain data network developer Chainbase has raised $15 million in a Series A funding round co-led by Tencent Investment Group, China's largest internet company, and Matrix Partners China. Chainbase describes itself as an omnichain data network that consolidates all blockchain data on a single platform. Its mainnet and governance token, CBT, are expected to launch in the fourth quarter of this year.Amy Berman Jackson, a judge of the United States District Court, issued a new order today requiring Binance.US to invest customer assets in U.S. Treasury bills, deemed a safe investment by the U.S. Treasury Department. Additionally, the crypto assets must be transferred to a third-party custodian not affiliated with the platform.Ryan Selkis, the founder and CEO of the crypto data platform Messari, has resigned from his position following a series of extreme pro-Trump comments posted on X (formerly Twitter). Among his remarks, he expressed hopes for "sending green card holders back" and labeled Vitalik Buterin as the "most naive and useless political commentator." Messari's CFO, Eric Turner, has taken over as CEO.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

Canadian consumers are likely to have cut back on spending in June, following a significant drop in spending in May, pointing to a weak first half of the year for the country's retail sales. According to a preliminary estimate released by Statistics Canada on Friday, retail receipts fell 0.3% in June. That followed a 0.8% drop in May, which exceeded the 0.6% decline expected in a Bloomberg survey. April's 0.6% increase was the only monthly sales gain so far this year.

UK retail sales fell by 1.2% in June 2024, after growing by 2.9% in May. Most sectors saw a decline, with sales at department stores and clothing retailers broadly back to the level seen in the first quarter of 2024. Sales volumes in the second quarter of 2024 were down 0.1% compared to the previous quarter and down 0.2% compared to the same period in 2023.

NewsThe bankrupt crypto lending platform BlockFi has announced that it will start its first interim crypto repayments via Coinbase in July, initially for U.S. customers only. The asset distribution will be processed over the next few months, and eligible customers will receive an email notification regarding their BlockFi account.According to a released statement, Gnosis Pay was affected by a data breach at customer verification service Fractal ID. Fractal ID was connected to at least eight crypto protocols, including Polygon, Ripple, and Near. The data indicates that approximately 0.5% of its one million users were impacted by the attack.State Street, one of the largest asset managers, has announced plans to introduce its own stablecoin and a deposit token representing customer deposits on the blockchain. This move aims to participate in blockchain-based payment settlements through tokenization.The U.S. Securities and Exchange Commission (SEC) has approved Grayscale's mini Ethereum ETF, which will be deployed with assets supporting the larger Ethereum fund. Grayscale's initial proposal was to convert the long-standing Grayscale Ethereum Trust into a spot Ethereum ETF. Currently, this crypto fund operates as a closed-end fund, making it more challenging to redeem shares. The mini fund may help alleviate some of the outflows expected from the larger fund's conversion.Polygon has announced that on September 4, 2024, it will undergo a mainnet upgrade, transitioning from the MATIC native token to a new token, POL. After the upgrade, POL will take over the role previously held by MATIC on the blockchain. Current MATIC holders on the Polygon PoS network will automatically transition to POL without user intervention. However, tokens on other networks and centralized exchanges (CEXs) will require a published migration procedure.WazirX, one of India's largest crypto trading platforms, has fallen victim to a hacking attack. Over $230 million worth...

The Governing Council decided today to leave the three key ECB interest rates unchanged. The information received confirms the Governing Council's previous assessment of the medium-term inflation outlook. Although some indicators of underlying inflation increased in May due to one-off factors, most indicators either remained stable or declined in June. As expected, the inflationary impact of high wage growth was dampened by profits. Monetary policy continued to provide restrictive financing conditions.

The latest UK labour market data continue to show signs of a gradual slowdown. Vacancy rates are falling while unemployment is rising. Although wage growth remains relatively strong, it is at a slower pace than a few months ago. Short-term changes in some employment indicators show a mixed picture. The Labour Force Survey (LFS) data show employment has fallen, while HMRC's Real-Time Index (RTI) data show that the number of paid employees has increased in recent months.

NewsIn a recent interview, Donald Trump stated that he embraces the crypto industry because it benefits the country. He believes the United States should lead the global crypto race ahead of China or any other country. The Republican presidential candidate declared that crypto is here to stay and mentioned his plan to release another set of NFTs.Cypherpunk Holdings, a Canadian investment firm focused on crypto and blockchain technologies, has significantly increased its Solana holdings. According to a published report, they now hold 63,000 SOL, valued at approximately $14 million. The firm plans to operate its own Solana validator and stake the majority of its tokens with its own node.The bankrupt crypto broker FTX and the U.S. Commodity Futures Trading Commission (CFTC) have agreed on a $12.7 billion settlement, pending approval by a Delaware judge. As part of the agreement, the CFTC will not make any claims as long as FTX adheres to its reorganization plan. Consequently, FTX will pay up to $12.7 billion to affected parties, depending on the available resources.Cryptocurrency asset manager Grayscale has announced the launch of a new fund named Grayscale Decentralized AI Fund LLC, aimed at supporting investment initiatives related to artificial intelligence within the crypto industry. The fund will finance AI services, address issues related to centralized AI usage, and develop infrastructure linked to AI. The decentralized AI projects included in the fund's initial basket at launch are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Currently, Near, Filecoin, and Render have the largest weight in the fund, with rebalancing planned on a quarterly basis.Maelstrom, a crypto venture capital fund led by BitMEX co-founder Arthur Hayes, has launched a new grant program for Bitcoin developers. The grants range from $50,000 to $150,000 per applicant. The program aims to promote the technical advancement of...

Euro area annual inflation was 2.5% in June 2024, down slightly from 2.6% in May. A year ago, in June 2023, the rate was 5.5%. The annual inflation rate in the EU as a whole was 2.6% in June 2024, compared with 2.7% in May. In June last year, it was 6.4%. The data are published by Eurostat, the statistical office of the European Union. The lowest annual inflation rates were recorded in Finland (0.5%), Italy (0.9%) and Lithuania (1.0%). In contrast, the highest annual rates were found in Belgium (5.4%), Romania (5.3%), Spain and Hungary (both 3.6%).

The consumer price index including owner-occupied housing costs (CPIH) in the UK rose by 2.8% in the 12 months to June 2024, the same rate as in the 12 months to May 2024. On a monthly basis, CPIH rose by 0.2% in June 2024, the same as in June 2023. The consumer price index (CPI) in the UK rose by 2.0% in the 12 months to June 2024, similar to the increase in the 12 months to May 2024. On a monthly basis, the CPI rose by 0.1% in June 2024, the same rate as in June 2023.

NewsDonald Trump, the Republican candidate for the U.S. presidency, has announced that he has chosen J.D. Vance, a crypto-friendly senator, as his running mate after careful consideration. This decision is seen favorably by those in the cryptocurrency market due to Vance's past efforts advocating for clearer regulations. J.D. Vance, a venture capitalist turned politician, has openly stated that he has been holding Bitcoin since 2022.According to Eric Balchunas, a leading ETF analyst at Bloomberg, new spot Ethereum ETFs are likely to launch next week, on Tuesday, July 23. The U.S. Securities and Exchange Commission (SEC) has requested issuers to submit their final S-1 filings with the appropriate fees by Wednesday, allowing them to apply for market listing after Monday's close. Several issuers have confirmed this information.Uniswap Labs, the organization behind the Uniswap decentralized finance platform, has publicly launched its wallet browser extension on Chrome, supporting 11 blockchains. Users can add the extension through the Google Chrome Web Store, then create a new Uniswap wallet or import an existing one.The crypto-AI startup Mira, which is building a decentralized AI infrastructure platform, has raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures. Other investors in the round include Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci's SALT Fund. The startup aims to assist developers in creating AI applications.Financial technology company Stripe has expanded its crypto services to the European market, allowing users to purchase various crypto assets, including BTC, ETH, and SOL, with a bank card. This expansion enables crypto companies to help European consumers buy crypto assets quickly and easily.The cross-chain LI.FI protocol has suffered another attack, losing approximately $9 million due to an exploit. The team is investigating the potential attacker and has asked users to...

23 Jul 2024 - 4:00pm (GMT +1)Previous: -14%Becslés: 712K Source: forexfactory.com Previous data Impact on markets A general market effect that is constantly changing depending on the current economic environment. Summary - Analysis Long term trend of data: Increasing Most expected effect: Forex ( EXY ), Europe Stocks If new data is higher than previous: Positive ( Forex:EXY, EU Stocks: war industry stocks ) If new data is lower than previous: Negative ( Forex:EXY, EU Stocks: war industry stocks ) Effect-balancing with other data: No More on TOTM PROConclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.

US retail sales unchanged in June, above expectations. Retail sales remained unchanged in June, defying Wall Street fears of a slowdown and showing that US consumers continue to spend despite signs of a slowing US economy. Economists had expected a 0.3% decline, according to data compiled by Bloomberg. Meanwhile, Census Bureau data showed that retail sales for May were revised up to 0.3% from an earlier reading of 0.1%. June sales excluding auto and gasoline sales rose 0.8%, above consensus estimates for a 0.2% increase.