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Fed rate cut will crash the market - Arthur Hayes on Token2049 The Шncrypted team is on Token2049 right now. Here's what's happening on stage Ex-CEO BitMEX Arthur Hayes said the Fed will crash the market with its key interest rate cut. Products that can offer yields above U.S. Treasury bills will win, he said. Also, Hayes said, assuming a rate cut, Ethereum's best bet for growth is to become an onchain-interest bond. Ethena is also bullish. USDe gives a lot more holdings of T-Bills. T-Bills will rise, ENA price will rise as well.
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Notes from in Singapore. Day one 👀 After two days on the road, Шncrypted has arrived in Singapore for Еoken2049, the major crypto conference in the world. CEO of Incrypted, has written about the first day, shared impressions from side events, discussed the challenges of large popular events, and included some personal reflections. Enjoy the read! https://incrypted.com/en/notes-ded-singapore-day-one/
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The acceptance of bitcoin as legal tender in El Salvador has helped to attract investment and improve tourism. However, the cryptocurrency has not yet become as widespread in the country as previously expected, El Salvadoran President Nayib Bukele said in an interview with TIME magazine.
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Ukraine uncovered a fraud scheme involving individuals who cheated an entrepreneur out of $250,000 in cryptocurrency. Four fraudsters posing as police officers accused the victim of collaborating with Russia and forced him to transfer the cryptocurrency, promising to close a non-existent case.
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The exchange rate of the top 10 memecoins in terms of market capitalization fell by an average of 63.73% from their historical high. This was reported by experts of the analytical company Lookonchain.
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New project on the Binance Launchpool: getting DOGS tokens for staking BNB or FDUSD Dogs became as the 57th member of the binance Launchpool just two months after the launch of the mini-app. The opportunity to join the farm will open on August 23, 2024 at 00:00 (UTC). The farming period is 3 days. Read more on our website: incrypted.com/en/dogs-on-binance-launchpool/
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Activities on the Movement testnet for a potential airdrop Movement is a new blockchain that aims to combine the functionality of MOVE and EVM using a modular approach. In this guide we will show you how to take part in the testnet and qualify for a future airdrop. Follow the link: incrypted.com/en/movement-activity/#3
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On August 5, the bitcoin price falls below $50,000. Other crypto assets also showed a significant drop. Against this backdrop, the total capitalization of the cryptocurrency market fell by about 13%, from about $2 trillion to $1.7 trillion.
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Drop News for July 31 In the Digest, we have collected current events for the past days in the field of airdrops and not only.
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Participating in the HODLer Airdrops initiative on Binance HODLer Airdrops is a new program aimed at users who complete a BNB subscription on the Simple Earn staking platform. More details in our guide: https://incrypted.com/en/binance-hodler-airdrops/
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XOOB: a new stage in the development of LaunchJoy In the guide, we’ll take a closer look at the activities of the updated project and show you the available tasks for accumulating XP. More details at the link: https://incrypted.com/en/xoob-activity/
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Trading volume on spot Ethereum-ETFs exceeds $1 billion on the first day
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According to the financial report for the second quarter of 2024, Tesla did not sell or buy Bitcoin during this period.
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Drop News for July 22 In the Digest, we have collected current events for the past days in the field of airdrops and not only.
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In the article we will tell you about additional activities on the Li Fi project and show you step-by-step steps of implementation. Read more at the link: incrypted.com/en/lifi-activity/
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Whale wallets, with more than 1 thousand BTC, including spot ETFs and custodial wallets, added 1.45 million BTC this year, bringing the total to 1.8 million BTC.
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Billionaire Mark Cuban commented on Donald Trump's election campaign. He believes that the latter's victory will make it easier to conduct crypto business in the United States, and in the long run, it may help Bitcoin become the world's reserve currency.
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Getting points on the Avantis In the guide, we will take a closer look at the activity on the Avantis project and show the step-by-step stages of implementation. Read more at the link: incrypted.com/en/avantis-activity/
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The US Securities and Exchange Commission is expected to approve spot Ethereum ETFs by July 23, 2024. This forecast was made by Bloomberg Intelligence analyst Eric Balchunas.
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US presidential candidate Donald Trump will speak at the TheBitcoinConference despite the assassination attempt, which will take place on July 25-27
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