π³ Whale "0xF4Bd" deposited 2,585 #ETH ($11.32M) into Binance, making a profit of $5.33M (+89%).
πββ #COIN Coinbase will begin offering futures on traditional equities and their first product will be the Mag7 and Crypto Equities Index.
πΊπΈπΏ #tradewars Trump is going to appeal the court ruling on duties and will hold an "emergency meeting tomorrow on the tariff decision ." axios
πΈπ¬π #XRP Singapore-based payment system Thunes has integrated Ripple Payments into its Direct Global Network to improve cross-border payments.
π€ #ETH Ethereum Foundation intends to sell 10k ETH in September to fund R&D, grants and donations.
π½π FOX: The SEC and CFTC have issued a joint staff statement under Project Crypto-Crypto Sprint, outlining coordination efforts to enable trading of certain spot crypto asset products and provide regulatory clarity for exchanges. sec.gov
πΊπΈπΉ The SEC and CFTC have issued a joint statement that registered companies can engage in spot trading of cryptocurrencies and should contact them with questions about the details. coindesk #regulation
π€ Citi: cryptocurrencies are expected to capture a tenth of the post-trade market by 2030. cointelegraph
π€ #AI Anthropic's valuation triples to $183 billion as Claude AI gains traction in cryptocurrency. cointelegraph
π½ Figure Technologies seeks >$4 billion valuation in Nasdaq IPO. coindesk
π€ Bridgewater CEO Ray Dalio: cryptocurrency is now an alternative currency whose supply is limited, so all other things being equal, if the supply of dollars increases and/or demand drops, that would probably make cryptocurrency an attractive alternative currency.
I think most fiat currencies, especially those that involve a lot of debt, will find it difficult to be an effective store of wealth and will fall in value relative to hard currencies. This is exactly what happened between 1930 and 1940 and 1970 and 1980.
I think most fiat currencies, especially those that involve a lot of debt, will find it difficult to be an effective store of wealth and will fall in value relative to hard currencies. This is exactly what happened between 1930 and 1940 and 1970 and 1980.