💰 #ETH SharpLink approved a $1.5 billion share repurchase program: If there are periods when our shares are trading at or below the net asset value (NAV) of our ETH assets, issuing new shares as part of our capital raising efforts will result in a lower ETH per share value. In such a scenario, the most advantageous action may be to repurchase our common shares.
🤝💰 #BNB Huaxing Capital, which is listed on the Hong Kong Exchange, has partnered with YZi Labs and is planning to acquire BNB for $100M
👨⚖️ #WEMIX A South Korean court has ordered Wemade to compensate former and current employees to the tune of about 9.939 billion won.
🇺🇸🍿 #macro Powell:
- Possible easing of QE if labor market allows;
- Labor market softens, economy slows;
- Rebalancing of risks may require policy adjustment
- Possible easing of QE if labor market allows;
- Labor market softens, economy slows;
- Rebalancing of risks may require policy adjustment
🇺🇸👀 #macro Traders now believe the probability of a Fed rate cut in September has risen to 90%.
🇺🇸🇨🇦 #tradewars Canada will cancel retaliatory duties on many goods from the US
📊👀 #ETH #BTC Since the beginning of the year, the volatility of BTC has been steadily decreasing, while the volatility of ETH has been steadily increasing. The volatility spread between these two assets has grown to a 6-year high.
Bloomberg writes, that this is another reason why traders now like ETH more than BTC.
Bloomberg writes, that this is another reason why traders now like ETH more than BTC.
📊👀 #BTC Glassnode: the nearest support zone lies between $104k–$108k, where over 1.15M BTC was accumulated over the past year. This dense supply region may serve as a strong support if the market continues to correct.
❤1
🔒📈 #TWT Trust Wallet has achieved a milestone of $100 million in TVL within their Stablecoin Earn program.
📈 #ETH Taker Buy Volume (hourly) hits a multi month high of $5.76B.
Ethereum has updated this year's high and is just a little bit away from ATH.
Ethereum has updated this year's high and is just a little bit away from ATH.
🚀👀 #ETH market cap rose >$65 billion today, the second largest daily increase on record.