✅ Bitcoin could fall as much as 15-20% to $40k-$50k after a September Fed rate cut if the easing cycle is coupled with a recession, Bitfinex analysts warn 😮

Daily Digest:

🔸 Nvidia Corp, says "We have not been subpoenaed by the Department of Justice" 

🔸 The official X account of NEAR Protocol seems to be compromised, or maybe it's not... The account is posting many strange tweets 🤑

🔸 Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue to raise interest rates 

🔸 Galois Capital Management has settled charges with the SEC

🔸 Former CEO of the bankrupt crypto exchange Mt. Gox, will launch a new crypto exchange called EllipX this month

🔸 Uniswap Labs has settled charges with the Commodity Futures Trading Commission 🤑

🔸 Eigen Labs, the developer behind EigenLayer, deployed a “major update” to the restaking protocol