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 -------------Conclusion Conclusions based on the new data will be included in the TOTM PRO level live stream announcements every Monday and Thursday.

The Consumer Price Index (CPI) rose by 2.7% year-on-year in June, down from 2.9% in May. The slowdown in inflation was mainly due to slower growth in gasoline prices, which rose by only 0.4% in June, after a 5.6% increase in May. The CPI excluding gasoline showed an annual increase of 2.8% in June. A 1.8% decline in prices of consumer durables also contributed to the slowdown in the overall CPI.

NewsThe Open Platform (TOP) has invested an undisclosed amount in Akedo Games to support the development of Telegram games within the TON blockchain ecosystem. Akedo's first Telegram game, "Akedog," will launch on July 18. This game follows the "tap-to-earn" model, similar to the successful Hamster Kombat, allowing players to earn Akedog NFTs through gameplay. The initiative aims to leverage Telegram's extensive user base of 900 million.A dormant Bitcoin wallet containing 1,000 BTC, now worth over $60 million, made its first transaction in nearly 12 years on Sunday. The wallet received the Bitcoin in 2012 when it was valued at around $12,000. During the period of inactivity, the value of Bitcoin has appreciated by approximately 500,000%. The reason for the transaction and the identity of the wallet owner remain unknown.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|||||||"...

NewsDuring the 2024 Paris Olympics, visitors will be able to travel by air taxi between the designated airports after Volocopter was given the green light by the French government to launch the service. Participants of the event, which starts on 26 July, will be able to try out this unique alternative to commuting by road. The German company won the licence and its eVTOLs, called VoloCity, will serve passengers during the Olympics. Air taxis will be available after the Olympics, as the licence is valid until 31 December.Vertiports, vehicle departure and arrival points, will be set up along the River Seine and in many other parts of the city, including airports, to allow eVTOLs to transport passengers arriving in Paris to the city centre and Olympic venues. According to the rules governing the operation of VoloCities, the vehicles will only be allowed to run twice an hour during the day, between 8am and 5pm, and according to AFP, only free of charge for the time being, as the European Aviation Safety Agency's authorisation procedure is still pending.A 35-kilometer trip with a two-seater Volocopter (one passenger and one pilot) can cost more than HUF 50,000, which means that this form of transport will primarily be an option for the more affluent.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"...

China's National Bureau of Statistics said on Monday that the country's GDP grew 4.7% in the second quarter from the same period a year earlier, below the 5.1% growth forecast in a Reuters poll. Retail sales in June also came in below estimates, expanding by just 2% instead of the 3.3% growth expected. In contrast, industrial production beat expectations, rising 5.3% in June from a year earlier, compared with 5% estimated by Reuters. Urban fixed investment rose 3.9% in the first six months of the year, in line with expectations.

NewsOn July 13, Tether, the stablecoin issuer, froze the TNVaKW Tron address holding over $29.62 million in USDT. Blockchain analysis firm Bitrace reported that the address is linked to the Cambodian crypto broker Huione. Huione’s Guarantee service is also reportedly connected to the Cambodian government, and it appears that its clients have been involved in fraudulent activities amounting to billions of dollars.Related categories RecommendedYou may also be interested in these articles!

NewsMakerDAO, one of the oldest DeFi protocols, has launched a new "Grand Prix" competition aimed at bringing $1 billion worth of tokenized assets onto its platform. Prominent market players such as BlackRock, the world's largest asset manager, along with Superstate and Ondo Finance, are keen to participate. According to an announcement, the initiative will primarily focus on investing in short-term U.S. Treasury bills and similar tokenized products.Abra, the trading platform with a controversial history involving past accusations of securities fraud and insolvency, has acquired several digital asset funds from Valkyrie, including private Tron and Zilliqa funds, which had previous sales of $50 million and $21.3 million, respectively. The plan is to list these products on public exchanges if market demand for investment instruments increases.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"...

NewsCore, a Bitcoin-based layer 1 blockchain designed for EVM-compatible smart contracts, announced today a partnership with Animoca Brands, naming the company as a validator for the blockchain. Additionally, they will collaborate to facilitate the integration of dApps into the network to promote BTCfi innovation.The U.S. Securities and Exchange Commission (SEC) announced that it is dropping its three-year investigation into blockchain software developer Hiro Systems (formerly Blockstack), which raised $70 million through token sales between 2017 and 2019. Blockstack launched the first version of its Bitcoin layer 2 network, Stacks, along with its STX token, in 2018.Pixelverse, shortly after launching its Telegram-based crypto game, has raised an additional $2 million from venture capital investors such as Galaxy Interactive, Crit Ventures, and Arc Community. With a total backing of $7.5 million, the developers promise to expand with multiple product lines to ensure long-term sustainability. The game ecosystem plans its token generation event (TGE) for this summer.Blockchain payment startup Partior announced the completion of a Series B funding round, securing over $60 million led by Peak XV Partners (formerly Sequoia Capital India & SEA). New investors, including Valor Capital and Jump Trading, joined existing backers like JPMorgan, Standard Chartered, and Temasek. The fresh capital will help the company enhance its blockchain-based interbank real-time settlement and clearing system.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"...

NewsFormer U.S. President Donald Trump has announced that he will be a speaker at the Bitcoin 2024 conference in Nashville, Tennessee. The event, one of the world's largest Bitcoin conferences, will take place from July 25 to 27. In recent months, the likely Republican presidential candidate has strongly supported the crypto industry, garnering backing from several prominent figures in the crypto space.The BitMEX crypto broker and derivatives trading platform, associated with Arthur Hayes, pled guilty on Wednesday to violating the Bank Secrecy Act. According to the U.S. Attorney's Office for the Southern District of New York, the company intentionally failed to establish, implement, and maintain an adequate anti-money laundering (AML) program. From 2015 to 2020, BitMEX operated as one of the world's leading crypto platforms without a compliant AML program as required by federal law. This led to Arthur Hayes, one of BitMEX's founders, being sentenced to six months of home detention in 2022.The websites of Compound Finance, one of the longest-running decentralized finance applications, and the crypto lending platform Celer Network were both targeted in attacks that redirected users to malicious phishing sites. Compound DAO's security advisor, Michael Lewellen, issued a community warning via X, advising users to avoid the platform's website. Celer also released a warning to its users.Oracle provider Pyth Network has launched Express Relay on the mainnet, providing a solution to the long-standing issue of Maximum Extractable Value (MEV), saving money for protocols and DeFi users. The solution was presented by Douro Labs and the Pyth Data Association today at the EthCC in Brussels.Business intelligence firm MicroStrategy, known for its significant corporate Bitcoin holdings, has announced a 10-for-1 stock split effective August 1. The company stated that this move aims to make its shares more accessible to investors. The distribution of the...

The Consumer Price Index for All Urban Consumers (CPI-U) fell a seasonally adjusted 0.1 percent in June after remaining unchanged in May, the U.S. Bureau of Labor Statistics reported today. Over the past 12 months, the index for all items excluding seasonal adjustment increased 3.0 percent. The index for gasoline fell 3.8 percent in June after declining 3.6 percent in May, more than offsetting an increase in shelter costs. The energy index fell 2.0 percent, similar to the previous month.

Monthly real gross domestic product (GDP) in the UK is estimated to have increased by 0.4% in May 2024, after showing no growth in April 2024. Real gross domestic product is estimated to have increased by 0.9% in the three months to May 2024 compared with the three months to February 2024, driven by a 1.1% rise in services output. Services output rose by 0.3% in May 2024, following a 0.3% increase in April 2024, and was the largest contributor to GDP growth in May 2024.

NewsAt the Ethereum Community Conference (EthCC) in Brussels, the new project TON Applications Chain (TAC) announced its plans to build a layer-2 network on the TON blockchain, supported by The Open Platform. A key feature of the TAC project is its compatibility with the Ethereum Virtual Machine (EVM), allowing developers who have built applications under the widely adopted Ethereum standard to easily port them to the new TAC layer-2 network within the TON ecosystem.Build on Bitcoin (BOB), a hybrid layer-2 project powered by Bitcoin and Ethereum, has secured $1.6 million in a strategic funding round led by Ledger Ventures. Various angel investors, including prominent figures from BlackRock, Ordinals, Aave, Magic Eden, and Injective, also contributed. Out of the funds raised, $1 million will be allocated to a BOB incubator aimed at supporting new startups focused on Bitcoin infrastructure and BOB dapps.Hypersphere Ventures, a crypto venture capital firm, has opened its recently launched liquid fund to external investors. The Atlas fund, currently managing $130 million in assets, is operated by multiple managers and aims to deliver a 40% return through various trading strategies, including DeFi, quantitative trading, market making, and arbitrage.AI platform developer SingularityNET has announced a partnership with the Filecoin Foundation, the governing body behind the Filecoin network. Their goal is to integrate AI into decentralized physical infrastructure networks (DePIN) while maintaining decentralization, AI ethics, and data authenticity. The partnership will also establish an AI ethics working group to ensure ethical AI development.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"...

China's CPI inflation in June fell to 0.2%, lower than the 0.3% recorded in the previous year and below the forecast of 0.4%. Inflation has been very low for the past four months, ranging between 0.1-0.3% year-on-year. On a monthly basis, CPI inflation fell to -0.2% in June and inflation has now fallen for two consecutive months. The softer inflation figures are partly explained by a larger-than-expected fall in food prices (-2.1% y/y).

NewsThe Dubai Customs Authority is launching a new blockchain platform to eliminate supply chain frictions within and beyond Dubai's borders. This solution is part of Dubai's "smart" city development and implementation plan, reflecting their vision of making Dubai a global hub for trade and logistics.DigitalX, a wealth manager focused on digital assets, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) in Australia, making it the second Bitcoin ETF traded on the Australian Securities Exchange (ASX). The product will be introduced on July 12 under the ticker BTXX.In the United States, asset managers involved in spot Ethereum applications, such as VanEck, 21Shares, BlackRock, Fidelity, Franklin Templeton, and Grayscale, have started submitting amendments to the SEC. The new S-1 registration statements mainly include minor changes related to custody arrangements. Trading is expected to begin around July 15.ZKM, a sister company of Ethereum layer-2 Metis, plans to introduce a new layer-2 solution for Bitcoin. The GOAT Network will utilize zero-knowledge technology and, according to the team, will be the first to launch with a decentralized sequencer and a shared ownership model. Network node operators will earn yields from gas fees and mining rewards in the form of the network's native GOAT token. The testnet is scheduled to launch this month.Zodia Custody, an institutional crypto custodian backed by Standard Chartered, has announced a partnership with the lending platform Maple Finance. Under the agreement, Maple Finance will use Zodia Custody as its preferred custodian for global lending agreements. The integration is expected to take effect in the near 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"...

Citigroup is winding down its Haitian operations, ending more than five decades of presence in the country, due to weak demand from institutional clients and a decline in international banking activity. The exit is part of a strategic review and will have no significant economic impact on Citi, the bank said.

NewsThe German government's wave of Bitcoin sales continues. This time, they transferred 250 BTC to Bitstamp, 250 BTC to Coinbase, and an additional 500 BTC to an undisclosed, presumably OTC address, likely with the intent to sell. The German government still holds 38,826 BTC in known addresses, totaling approximately $2.17 billion in value.The web3 bug bounty platform Immunefi and the Ethereum Foundation have jointly launched the "Attackathon," a large-scale collaborative audit competition for the Ethereum network. The event features a time-bound code review program that involves top security experts. The Ethereum Foundation is supporting the reward pool with $500,000.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)"...

17 Jul 2024 - 11:00am (GMT +1)Previous: 2.6%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: Consolidation Most expected effect: Forex ( EXY ) If new data is higher than previous: Positive ( Forex:EXY ) If new data is lower than previous: Negative ( Forex:EXY ) 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.

German exports fell by more than expected in May due to weak demand from China, the United States and European countries, according to data released by the Federal Statistical Office on Monday. Exports fell by 3.6% in May from the previous month, almost double the 1.9% decline forecast in a Reuters poll of analysts.

Chinese car sales fell 6.9% in June from a year earlier, the third straight month of declines, as government stimulus failed to spur consumer demand amid a rapid economic recovery. Total passenger car sales stood at 1.78 million, accelerating the pace of decline from a 2.2 percent plunge in May and a 5.8 percent plunge in April, data from the China Passenger Car Association (CPCA) showed on Monday.

NewsJustin Sun, the founder of Tron, announced plans to develop a stablecoin that users can utilize without paying any fees. According to the concept, the gas fees will be entirely covered by the stablecoins themselves. The new product is slated to launch on the Tron blockchain in the fourth quarter, with plans to later expand to other EVM-compatible chains and Ethereum.The Bitfinex Securities digital asset platform will refund investors in the Hampton by Hilton hotel project at El Salvador's international airport, as it failed to raise the required minimum funding of $500,000 to continue. This project was supposed to be the first to be funded through publicly offered digital bonds. Bitfinex expects that the issuer will restructure the offer 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" 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"...

NewsThe crypto investment firm Multicoin Capital has announced plans to donate up to $1 million to support crypto-friendly Republican lawmakers. The donations will be pooled through The Sentinel Action Fund over the next 10 days, with the entire process managed by the crypto broker Gemini. Their goal is to back candidates who believe America should remain open to innovation. A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) inadvertently purchased an NFT nearly three years after making a bid. On August 21, 2021, the 3AC wallet placed a 20 ETH bid on the "Neon Village" NFT, which was accepted by the previous owner on Friday. It appears that the amount reserved for the bid was overlooked by the liquidator, Teneo, and was not included in the liquidation assets. 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"...

NewsThe rehabilitation trustee of the bankrupt Mt.Gox crypto broker began Bitcoin and Bitcoin Cash repayments to some creditors through designated crypto brokers on July 5, 2024, in accordance with the rehabilitation plan. The announcement also noted that the repayments will not occur all at once, so some affected parties will receive their assets a bit later as conditions are met. The latest document from the Mt. Gox trustee indicates that creditors of the bankrupt platform may have to wait up to three months for their BTC or BCH repayments, depending on the crypto broker they submitted their claims to. Kraken has up to 90 days to process the payments, while Bitstamp might take up to 60 days. For BitGo, the payments will be visible within 20 days. Both SBI VC Trade and Bitbank will complete the payments within 14 days.Two former executives of Northern Data, Europe's largest bitcoin mining company, have filed a lawsuit against the firm, claiming they were wrongfully terminated after expressing concerns about the company's financial situation and suspecting tax fraud. Besides bitcoin mining, the company operates data centers used for artificial intelligence, but the allegations suggest questionable practices. Last fall, the company received €575 million in debt financing from the stablecoin issuer Tether. 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)"...

Canada's unemployment rate rose to 6.4 percent in June as total employment fell during the month, Statistics Canada reported Friday. The report showed employers eliminated a total of 1,400 jobs in June. That figure compares with an unemployment rate of 6.2 percent in May, when the economy added 27,000 jobs. The Bank of Canada expects a slowdown in the labour market, particularly in wage growth.

Nonfarm payroll employment increased by 206,000 in June, while the unemployment rate was little changed at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Jobs increased in government, health care, social assistance and construction.

NewsThe Central Bank of the Russian Federation (CBR) is actively discussing proposals that would allow for the official legalization of stablecoins for international transactions, aiming to simplify international payments for Russian companies. The focus is primarily on regulating the entire transaction chain, establishing a permanent regulatory framework rather than a temporary experiment.The technology conglomerate Opera has integrated the two largest stablecoins, USDT and USDC, into the crypto wallet of its Opera Mini mobile browser. The MiniPay stablecoin-based custodial wallet, Pockets, now allows for easy exchange and payment between Celo dollars (cUSD) and other stablecoins. Since MiniPay's launch last year, more than three million wallets have been activated, with the application being particularly popular in Africa.South Korea's financial regulator, in collaboration with local crypto trading platforms, has established a 24-hour surveillance system to detect suspicious activities and abnormal transactions in the crypto market. The new system will be implemented on July 19, alongside nationwide regulations aimed at protecting crypto investors. 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"...

NewsThe two companies have now jointly designed a shoe and a vest. Running under the Nike x Hyperice brand, the boot focuses on the foot and ankle, with two compression systems linked to cooling elements to distribute temperature evenly across the entire foot, so wearers can start warming up before the real movement begins. Sha'Carri Richardson, who ran a world record 100m flat at the World Championships in Budapest, started using the device this spring and says the boot is light enough to be comfortable to wear, so it can really be incorporated into daily training work.According to the company, an increasing number of athletes have told Nike that they need help to keep their bodies in shape not only post-workout, but also in pre-workout situations. In order to do this, Nike turned to Hyperice, which also sponsors Erling Haaland. Hyperice has been developing technologies to optimise athletes' performance and recovery for nearly fifteen years. For example, the late NBA superstar Kobe Bryant was the first to try the Hyperice Knee for knee therapy, which was developed by the company. Mark Wilson, a Fast Company journalist who has tried Nike x Hyperice products, confirmed that he had an "almost gel-like feeling" in his feet after a few minutes of wearing them. Wilson says it's no surprise that interested athletes would be keen to wear the boots on air trips, for example.The slightly too futuristic vest, on the other hand, helps athletes to set the ideal body temperature. It works on thermoelectricity, so without the use of ice or water; its independently adjustable parts, like the boot, can apply pressure and heat to the areas you need. LeBron James says the vest "could change the way athletes train and recover". According to Fast Company, as the fans on the product spin up, they turn the wearer's torso practically ice cold, "almost in a frightening way".Related categories RecommendedYou may also be interested in...

The UK construction industry remained on a growth path towards the end of the second quarter of the year, although overall expansion moderated as housing construction activity fell again. New orders growth was slower, partly due to election uncertainty, but the pace of job creation accelerated. Meanwhile, input cost inflation has accelerated since May, although it remains subdued.

In June 2024, the consumer price index (CPI) remained unchanged from the previous month at 107.7 points. The year-on-year inflation rate was +1.3%. According to data from the Federal Statistical Office (FSO), the unchanged index is the result of a levelling off of the opposite trends. Price increases were observed for international package travel, fruit vegetables and cabbages. Prices for hotels and private transport also increased.

NewsThe Aave decentralized autonomous organization has announced the launch of its new GHO stablecoin on the Arbitrum blockchain. This product launch is part of its cross-chain expansion strategy, with the hope that accessing the Arbitrum blockchain will increase the protocol's adoption. Assets available within the Aave Protocol can also be used as collateral for GHO. The developers of Bittensor (TAO), a decentralized artificial intelligence project, have shut down the blockchain following a hacker attack that drained multiple wallets. Transactions are currently suspended to allow the team to investigate the attack. So far, the damage amounts to approximately 32,000 native Bittensor (TAO) tokens, equivalent to 8 million dollars.Gala Games and Animoca Brands have jointly announced that they have signed a significant cooperation agreement to increase the use of the GALA token. The game software company and the venture capital investor Animoca Brands will collaborate on numerous developments, including providing liquidity services and facilitating the stable trading of GALA tokens in the crypto market. The decentralized oracle provider Chainlink has announced a collaboration with Fidelity International and the crypto bank Sygnum on a project focused on bringing net asset value (NAV) data on-chain. This partnership will provide transparency and accessibility to the NAV data of tokenized assets. The technology facilitates the secure storage and automatic synchronization of tokens' NAV data on the ZKsync blockchain, which is part of the Chainlink SCALE program. Consensys, the developer of MetaMask, has acquired the crypto security application Wallet Guard, which offers a browser extension for identifying real-time scams. The goal of the acquisition is to enhance the security of the popular MetaMask crypto wallet. The capabilities of the browser extension and its security engine will be integrated to protect users' wallets, digital assets, and...

The U.S. private sector added 150,000 jobs in June, while annual wages rose 4.9% year-over-year, according to the June ADP® National Employment Report™, produced in partnership with the ADP Research Institute® and the Stanford Digital Economy Lab (Stanford Lab). The ADP National Employment Report is an independent measurement tool that provides a high-frequency picture of the private sector labor market based on actual, anonymized payroll data for more than 25 million U.S. workers.

Growth in the euro area economy continued to pick up at the end of the second quarter, although the pace of expansion slowed and growth fell to a three-month low. Activity growth was held back by a fall in demand, as new orders declined for the first time since February. The weaker sales performance in June was particularly noticeable in foreign markets. According to new survey data, price pressures eased across the euro area, with input cost and output price growth rates falling to five- and eight-month lows, respectively, but still above pre-pandemic trends.

NewsWeb3 payment infrastructure provider Transak has announced a partnership with Uniswap Labs to offer fiat on-ramp services to users through the Uniswap Wallet. This integration allows users to purchase crypto assets directly within the Uniswap Wallet, bypassing the need for transfers from centralized exchanges (CEX), potentially opening the door for new users. Stablecoin issuer Paxos' subsidiary, Paxos Digital Singapore, has received approval from the Monetary Authority of Singapore to provide digital payment token services. This key license allows Paxos to issue stablecoins in compliance with regulatory frameworks, marking a significant expansion in its global operations. Paxos has partnered with DBS Bank for cash management and custody of stablecoin reserves. PostFinance, a bank owned by the Swiss government, has announced the expansion of its crypto asset offerings. The bank has launched trading and custodial services for Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). This move is part of PostFinance's ongoing strategy to integrate digital assets into its services. Sentient, an open-source AI development platform, has raised $85 million in a seed funding round led by Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures. Among its primary supporters is Sandeep Nailwal, co-founder of Polygon, with Sreeram Kannan, founder and CEO of EigenLayer, serving as an advisor from day one. The Lombard Bitcoin restaking protocol has closed a $16 million seed funding round led by venture capital firm Polychain Capital. Lombard plans to use the funds to develop the Bitcoin restaking ecosystem alongside Babylon, its Bitcoin staking protocol. The company announced its intention to integrate its LBTC liquidity token into Ethereum DeFi protocols within the year. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid...

According to a flash estimate by Eurostat, the statistical office of the European Union, annual inflation in the euro area is expected to be 2.5% in June 2024, down slightly from 2.6% in May. Among the main components of inflation, the annual rate for services is expected to remain the highest in June (4.1%, unchanged from May). Food, alcohol and tobacco inflation is expected to fall to 2.5% (from 2.6% in May), non-energy industrial inflation to remain stable at 0.7%, while energy inflation is expected to ease to 0.2% (from 0.3% in May).

NewsAmber Japan, a crypto venture owned by one of Japan's largest technology companies, Sony Group, has rebranded itself as S.BLOX. The Tokyo-based company, acquired last year, is known for its WhaleFin crypto trading service. Plans involve collaborating with various Sony Group companies to further develop crypto trading services. The rebranding will include a redesigned user interface and a new, more user-friendly mobile application. The exact launch date for S.BLOX has not been announced. The blockchain division of Alibaba's fintech subsidiary, Ant Group, recently amended its company registration with Chinese authorities, increasing its registered capital from 100 million yuan to 1.5 billion yuan (approximately $206.4 million). Despite China banning crypto transactions in September 2021, the country remains open to developing its blockchain technology and digital economies. Consequently, Chinese tech giants like Alibaba and Tencent are focusing on developing their consortium blockchains. Crypto broker BingX has announced the extension of its partnership with Chelsea Football Club. Starting from the 2024/25 Premier League season, BingX will transition from being the club's sleeve partner to the official training wear partner for the men's team. The BingX branding will be prominently displayed on the front of the training wear, worn by both the players and the coaching staff during all training sessions. Gemini, the crypto broker founded by Tyler and Cameron Winklevoss, has signed a five-year sponsorship agreement with Real Bedford Football Club, co-owned by Peter McCormack. This sponsorship complements the $4.5 million investment made by Winklevoss Capital in the club this past April. As part of the deal, payments will be made in Bitcoin, aiming to support the club's success and improve opportunities for local children.Stablecoin issuer Circle has announced that it has received an Electronic Money Institution (EMI) license in the...

According to the country's supply managers, economic activity in the manufacturing sector fell for the third consecutive month in June, and for the 19th time in the past 20 months. In the latest Manufacturing ISM Business Report released today by Timothy R. Fiore, chairman of the Manufacturing Business Survey Committee, the manufacturing PMI registered 48.5 percent in June, a 0.2 percentage point decline from 48.7 percent in May.

According to the latest HCOB PMI data, the euro area manufacturing economy continued to weaken at the end of the second quarter as the contraction in output accelerated significantly to its strongest pace so far this year. New orders, purchasing activity and employment also fell at a faster pace, but the 12-month production outlook remained positive. Input costs rose for the first time since February 2023, leading to some restraint in discounting practices by euro area factories. Output costs fell only slightly and declined at the weakest pace in more than a year.

NewsIgloo Inc., the company behind the popular NFT project Pudgy Penguins, has acquired the on-chain platform Frame, which focuses on web3 creators. While the terms of the deal have not been disclosed, the acquisition's purpose is clear. The Frame team will join Igloo in developing a layer 2 network called Abstract Chain, which aims to foster culture and communities within the chain. The popular decentralized social media protocol Farcaster has introduced a new in-app payment feature that utilizes the USDC stablecoin for one-touch payments directly from user profiles or the app's messaging platform. This feature addresses the challenge of needing to find someone's alphanumeric wallet address for crypto payments. With this innovation, identifiers will be easily readable, simplifying the payment process. 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"...

NewsU.S. District Judge Amy Berman Jackson in the District of Columbia dismissed the U.S. Securities and Exchange Commission's (SEC) allegations against Binance and its founder Changpeng Zhao (CZ) regarding secondary market BNB sales and the Simple Earn program, which claimed BNB assets qualify as securities. However, the judge allowed the lawsuits concerning Binance's BNB staking program, anti-fraud violations, and post-ICO sales of BNB to proceed in court.Related categories RecommendedYou may also be interested in these articles!

NewsCrypto broker Coinbase has partnered with payment company Stripe. As a result, Stripe will support Coinbase’s layer 2 network, allowing Base users to utilize USDC through Stripe to simplify fiat-to-crypto conversions and facilitate money transfers. Additionally, Coinbase will integrate Stripe’s fiat-to-crypto onramp into the Coinbase Wallet, enabling users to purchase crypto assets instantly with credit cards and Apple Pay. MegaLabs, the developer of the new blockchain MegaETH, has raised $20 million in a seed funding round led by Dragonfly, with participation from notable figures such as Vitalik Buterin and ConsenSys founder Joseph Lubin. MegaETH claims to be the first real-time blockchain, capable of processing transactions in real-time while maintaining full Ethereum compatibility. The goal of MegaETH is to achieve 100,000 TPS.The Aptos Foundation has announced a partnership with Alibaba Cloud to jointly develop Japan’s web3 ecosystem and improve regional accessibility. This collaboration has resulted in the creation of Alcove, Asia's first joint Move developer community, aimed at enhancing accessibility and fostering innovation across the region. Popular influencer and internet personality Logan Paul has filed a defamation lawsuit against YouTuber Stephen Findeisen, better known as Coffeezilla. The lawsuit stems from a 2022 three-part YouTube series about Paul's failed NFT game, CryptoZoo, alleging Paul's involvement in the crypto scam. The suit seeks $75,000 in damages, claiming that Paul was falsely accused to boost viewership. Yield App has announced that it will cease all activities on its platform and wind down operations. Community channels will also be suspended, leaving only a support channel open. The bankruptcy is attributed to the Yield App's assets being held on the collapsed FTX platform, and with the legal proceedings dragging on, the decision was made to shut down permanently. Asset manager 21Shares has followed...

Canada's Gross Domestic Product (GDP) rose by 0.3% in April, compared to essentially flat in March. Both the goods-producing (+0.3%) and services (+0.3%) sectors contributed to the increase, with 15 of the 20 sectors growing this month. In April, the largest contributors were wholesale trade, mining, quarrying, oil & gas extraction and manufacturing, after these sectors had declined in the previous month.

The consumer price index (CPI) rose by 2.1% year-on-year in June 2024, after a 2.3% increase in May, according to preliminary estimates at the end of the month. The slight decline in inflation was due to a slowdown in food and energy prices over the year. Year-on-year inflation is expected to remain unchanged for services, manufactured goods and tobacco, at the same level as in May. On a monthly basis, consumer prices remain almost unchanged in June 2024 (+0.1% after 0.0% in May).

NewsThe authentication project Worldcoin has partnered with the web3 infrastructure provider Alchemy to strengthen its own World Chain blockchain system, which is expected to launch soon. Through this partnership, World Chain developers will gain access to a comprehensive web3 development platform, which they claim is the most extensive known in the web3 space. The Danish Financial Supervisory Authority (DFSA), as part of its decentralized finance (DeFi) guidelines, plans to ban unregistered Bitcoin wallets with the implementation of MiCA. The regulator is concerned about the activities of unregulated platforms and aims to regulate all crypto platforms and service providers, including interface providers and mobile app developers. If this regulation is enacted, no trading platform will be allowed to offer Bitcoin wallets, DEX interfaces, or any other crypto-related products to Danish customers unless regulated by Denmark.USDC stablecoin issuer Circle has announced a strategic partnership with French digital asset service provider Adan. This partnership is in preparation for the official launch of the regulatory framework for the crypto assets market in Europe, as Circle is committed to adhering to the regulatory frameworks in various jurisdictions. The company has chosen France as its European base. The team behind the Bitcoin Virtual Machine has launched the ZK-proof BitZK paid service, which enhances Bitcoin scalability and enables developers to create rollups and migrate applications from Ethereum to Bitcoin. Zero-knowledge proofs are used on blockchains for data compression and have become the foundation for many of Ethereum's most popular rollups. The monthly fee for the service covers the memory, CPU, and storage costs associated with running Bitcoin layer 2. Asset manager VanEck has filed an application for an exchange-traded fund (ETF) that would track the price of Solana. The VanEck Solana Trust would be listed on the Cboe BZX...

Pending home sales fell 2.1% in May, according to the National Association of REALTORS®. The number of transactions declined month-over-month in the Midwest and South, while the Northeast and West showed increases. On a year-over-year basis, all regions of the US recorded declines. The pending home sales index (PHSI), which forecasts home sales based on contract signings, fell to 70.8 in May. On an annual basis, the number of pending transactions fell 6.6%. The index of 100 represents the level of contracting activity in 2001.

According to the third estimate released by the Bureau of Economic Analysis, real gross domestic product (GDP) grew at an annual rate of 1.4 percent in the first quarter of 2024. This growth is lower than the 3.4 percent growth recorded in the fourth quarter of 2023. The GDP estimate just released is based on more complete source data than last month's second estimate, which showed a 1.3 percent increase.

NewsThe crypto infrastructure company Conduit has raised $37 million to support blockchain developers in creating customizable and reliable rollups. The Series A funding round was co-led by Haun Ventures and Paradigm, with participation from Robot Ventures, Credibly Neutral, Coinbase Ventures, and Bankless Ventures. The funds will be used to facilitate the development of layer 2 solutions that support useful on-chain products. The Blast Foundation has finally announced the long-awaited details of its airdrop. In Phase 1, scheduled for June 26, 17 billion BLAST tokens will be distributed. Of this, 7% will go to Blast Points holders who contributed to the protocol's liquidity by bridging ETH or USDB, another 7% will go to Blast Gold holders, and 3% will be allocated to the Blur Foundation, which will be retroactively distributed to the Blur community.The decentralized financial platform PancakeSwap, in collaboration with Allora Network, is launching an AI-powered prediction market on the Arbitrum network. Through Allora's machine learning capabilities, users will be able to predict ETH price movements on Arbitrum. Another AI project from PancakeSwap will debut in August, aimed at offering personalized investment strategies and real-time risk management to a broader audience.Mysten Labs, the team behind the Sui blockchain, announced a partnership with the custodian service provider Copper to expand its services for institutional players. The announcement revealed that Copper’s custodial support is now available for tokens created by Sui, such as the Ondo USD Yield (USDY) stablecoin. 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)"...

The monthly CPI index rose 4.0% in the 12 months to May, compared with a 3.6% increase in the 12 months to April. The annual CPI indicator excluding volatile items and holiday travel was also 4.0% in May, down slightly from 4.1% in April. This figure excludes fuels, fruits, vegetables and holiday travel and accommodation. The largest price increases were recorded for housing (+5.2%), food and non-alcoholic beverages (+3.3%), transport (+4.9%) and alcohol and tobacco (+6.7%).

NewsBerlin-based tokenization platform for real-world assets (RWA), Swarm Markets, announced that users can now purchase NFTs representing ownership of physical gold. The gold bars underlying these tokenized assets will be stored in a Brink's vault in London. These NFTs can be traded on Swarm’s decentralized financial platform, but users must undergo know-your-customer (KYC) and anti-money laundering (AML) processes.The defunct Mt. Gox has issued an official statement declaring that preparations are complete and repayments to creditors will begin in early July 2024. A total of $9 billion worth of BTC and BCH will be disbursed according to the plan. This procedure has sparked market concerns about the influx of supply, but the liquidators will coordinate the repayments with brokers. The specific execution details are still pending. The European Central Bank (ECB) has released a report on the development of central bank digital currency (CBDC). According to the report, payment service providers will not be allowed to use consumers' financial data without obtaining prior consent from the individuals. Additionally, offline transactions would be conducted without third-party intermediaries, relying on smartphones, smart cards, and bridging solutions. The popular Bitcoin payment app, Strike, founded by Jack Mallers, has launched its services in the United Kingdom. The "Send Globally" feature allows users to make fast and low-cost transfers using the Bitcoin Lightning Network. Strike is currently available in 100 countries worldwide, with its European launch having taken place in April. The Solana Foundation has announced the introduction of Solana Actions and the arrival of blockchain links, or "blinks." These links allow for a sharable interface required for a Solana transaction. This solution enables users to perform crypto transactions without leaving the website. The new feature can be used for crowdfunding, online shopping, and on-chain...