Gold’s Defensive Role Draws Crypto Comparison
🟡 Morgan Stanley strategist Mike Wilson highlights gold’s long-running bull market and its role as a defensive portfolio asset. His view also raises a broader question for crypto markets: how well does Bitcoin’s “digital gold” narrative hold up during periods of equity-market stress?
This is not financial advice.
🟡 Morgan Stanley strategist Mike Wilson highlights gold’s long-running bull market and its role as a defensive portfolio asset. His view also raises a broader question for crypto markets: how well does Bitcoin’s “digital gold” narrative hold up during periods of equity-market stress?
This is not financial advice.
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WLFI Appoints New Chief Business Officer
World Liberty Financial (WLFI), the DeFi project associated with the Trump family, has appointed Ryan Ballantyne as its chief business officer, according to The Block.
Ballantyne previously led corporate client strategy at Coinbase Institutional. In his new role, he is expected to oversee WLFI’s global business strategy and partnerships as the project expands its operations.
This is not any financial advice.
World Liberty Financial (WLFI), the DeFi project associated with the Trump family, has appointed Ryan Ballantyne as its chief business officer, according to The Block.
Ballantyne previously led corporate client strategy at Coinbase Institutional. In his new role, he is expected to oversee WLFI’s global business strategy and partnerships as the project expands its operations.
This is not any financial advice.
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Harmony Proposes Blockchain Rollback After Forged Mint Incident
Harmony has proposed rolling back its blockchain to two Aug. 11 checkpoints following an incident involving a forged mint of ONE tokens.
The recovery plan would discard more than 109,000 regular transactions and restart the network using replacement databases built from checkpoints recorded before the incident.
According to Harmony’s latest update, validators would retain specific shard checkpoints from 11:25:37 p.m. UTC on Aug. 11 as part of the recovery process.
This is not financial advice.
Harmony has proposed rolling back its blockchain to two Aug. 11 checkpoints following an incident involving a forged mint of ONE tokens.
The recovery plan would discard more than 109,000 regular transactions and restart the network using replacement databases built from checkpoints recorded before the incident.
According to Harmony’s latest update, validators would retain specific shard checkpoints from 11:25:37 p.m. UTC on Aug. 11 as part of the recovery process.
This is not financial advice.
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Solana Holds Above $75 as ETF Inflows Continue
Solana ($SOL) is trading above $75 after declining 2.18% last week, with the price finding support near an ascending trendline.
Continued inflows into spot Solana ETFs suggest that institutional interest remains active, while traders watch whether the support level can hold.
This is not financial advice.
Solana ($SOL) is trading above $75 after declining 2.18% last week, with the price finding support near an ascending trendline.
Continued inflows into spot Solana ETFs suggest that institutional interest remains active, while traders watch whether the support level can hold.
This is not financial advice.
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China Expands Digital Yuan Network
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, bringing the total number of e-CNY service operators to 30.
The move expands access to China’s state-backed digital currency and highlights the continued development of its digital payment infrastructure.
This is not financial advice.
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, bringing the total number of e-CNY service operators to 30.
The move expands access to China’s state-backed digital currency and highlights the continued development of its digital payment infrastructure.
This is not financial advice.
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Vitalik Highlights Utreexo in Ethereum Scaling Discussion
Ethereum co-founder Vitalik Buterin praised Bitcoin developers on Aug. 16 for their work on Utreexo.
He also outlined a possible Ethereum scaling direction that could combine UTXO-style state, traditional dynamic state, and hybrid models between the two.
The discussion highlights ongoing efforts to explore more efficient blockchain state management and scalability.
This is not financial advice.
Ethereum co-founder Vitalik Buterin praised Bitcoin developers on Aug. 16 for their work on Utreexo.
He also outlined a possible Ethereum scaling direction that could combine UTXO-style state, traditional dynamic state, and hybrid models between the two.
The discussion highlights ongoing efforts to explore more efficient blockchain state management and scalability.
This is not financial advice.
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Bitcoin Starts the Week With Limited Momentum
Bitcoin traded around $63,460 during Asian hours on Monday, Aug. 17, gaining 0.7% over 24 hours while remaining 2.3% lower over the past seven days.
Bitcoin’s market capitalization was near $1.27 trillion as the broader crypto market entered another week with relatively limited momentum.
This is not financial advice.
Bitcoin traded around $63,460 during Asian hours on Monday, Aug. 17, gaining 0.7% over 24 hours while remaining 2.3% lower over the past seven days.
Bitcoin’s market capitalization was near $1.27 trillion as the broader crypto market entered another week with relatively limited momentum.
This is not financial advice.
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