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In a landmark achievement for both the blockchain and space industries, Justin Sun, founder of the Tron blockchain network, has successfully completed Blue Origin’s NS-34 suborbital mission, marking him as the youngest Chinese astronaut in history.
Former UK Chancellor George Osborne has warned that Britain risks becoming irrelevant in the global crypto economy unless it urgently reforms its regulatory approach.
South Korean banks are rapidly developing their crypto business strategies in anticipation of a new regulatory era. With the upcoming enforcement of the Virtual Asset User Protection Act in July 2024, traditional financial institutions are eager to capture opportunities in digital assets even as they brace for increased compliance demands.
The European Central Bank (ECB) has confirmed that physical cash will continue to play an essential role alongside the growing use of digital payments in Europe. Despite the rapid increase in electronic payment methods, the ECB reassures the public that cash is not becoming obsolete and will remain a critical part of the monetary system.
Share link:In this post: Accumulator wallets continue to buy without selling, reinforcing the bullish sentiment around the Bitcoin market. Declining OTC reserves hint at tightening supply and rising institutional demand. Short-term holders are nearing breakeven, increasing the risk of panic selling.
- 00:32Data: Ethereum Foundation-associated wallet transfers 4,000 ETH to a new address after 9 years of inactivityChainCatcher news, according to monitoring by Onchain Lens, a wallet (0x0f0...213) associated with the Ethereum Foundation transferred 4,000 ETH, worth approximately $17.19 million, to a new wallet (0xACA...3B9) after being dormant for 9 years.
- 00:22A whale who previously doubled profits trading ETH has bought another $9.91 million worth of ETH.According to ChainCatcher, on-chain analyst Yu Jin monitored that a whale who resumed purchasing ETH four hours ago spent 9.917 million USDT to acquire 2,321.7 ETH at a price of $4,272.
- 00:01Analysis predicts that the Federal Reserve may cut interest rates in SeptemberJinse Finance reported that data released by the U.S. Department of Labor on the 5th showed that in August, the U.S. unemployment rate rose to 4.3%, reaching a nearly four-year high. The deterioration in employment data has strengthened market expectations for a Federal Reserve rate cut, with analysts predicting that the Fed may start a new round of rate cuts in September. Data released by the CME FedWatch Tool on the evening of the 5th indicated that the weak labor market has increased market expectations for the Fed to cut rates by at least 25 basis points at its September monetary policy meeting, and a 50 basis point cut cannot be ruled out. (CCTV News)