By Emir Abyazov Key highlights: US inflation data fuels expectations of a Fed rate cut in September. Record ETF inflows give Ethereum momentum near all-time highs. Geopolitical relief drives risk appetite for stocks and crypto. Trading firm QCP Capital’s new report highlights softer-than-expected US inflation for July. Core CPI came in at 2.7% (versus 2.8% […]
Tag: ADA
By Emir Abyazov Key highlights: Pantera invests $300M in crypto firms with tokens on their balance sheets. BitMine leads with 1.2M ETH, aiming to hold 5% of total Ethereum supply. Experts warn of risks from high leverage and bitcoin price volatility. Pantera Capital has invested $300 million in cryptocurrency-backed companies, targeting returns superior to ETFs. […]
By Emir Abyazov Key highlights: Do Kwon pleads guilty to two wire fraud charges, waives trial in New York federal court. Plea agreement includes $19 million financial penalties; sentencing set for December 11. The case follows the Terra collapse, causing $40B losses, marked by complex extradition and lawsuits. Do Kwon, co-founder of Terraform Labs, has […]