⬇️ Highlights of Jerome Powell's speech during the FOMC press conference

• Inflation figures for the second quarter added to confidence;

• A rate cut will be discussed in September. No decision has been made yet. We just need to see more good data.

• Most Chairmen believe we are close to easing credit policy

• There was a real discussion about a rate cut at this meeting. The majority has decided not to change the rate

• The time for a rate cut is approaching

#fomc #powell

😎 MtGox has paid compensation in BTC and BCH already to 17,000 creditors

This makes the data more than 70% of the previously reported 24,000.

#mtgox

🗝 Major token unlocks planned for August

3 August - 601.56 million W (6.02% of total supply)

5 August - 7.27 million GAL (3.63% of total supply)

14 August - 181.38 million SAND (6.05% of total supply)

#unlocked

🇺🇸 A bit about the BTC reserve bill

Senator Cynthia Lummis introduced the BTC Strategic Reserve Act in the U.S. Senate, and has released it for all to read.

#USA #BTC

📉 SoSoValue reports that capital outflows from spot Ethereum-ETFs resumed on 31 July

It totalled 77.2 million.

#ETF #ETH

🕯Bitcoin closes July with a 2.95% gain

Ethereum, meanwhile, showed a 5.88% drop for the month.

It should be noted that historically BTC closes July "in the plus" for the eighth time. On average, this month the asset shows growth of 7.56%.

#BTC #ETH

🇭🇰 Hong Kong's largest broker Futu Securities will start offering crypto trading services to 22,000,000 customers

Bonus for traders - Alibaba and Nvidia shares.

#futu

✋ Terra founder Do Kwon is extradited to South Korea

This decision is not subject to appeal.

#terra

🔵 Pavel Durov was included in the Bloomberg Billionaires Index ranking

He is now ranked 279th with a fortune of $9.15bn.

#telegram #durov

💸 Coinbase's revenue in the second quarter of 2024 was $1.45bn

At the same time, the company's net income fell to $36 million, down from nearly $1.2 billion in the first quarter.

The exchange's revenue from transaction fees fell 27% and trading volume fell 28%.

#coinbase

😎 BTC will definitely be worth $350k!

CEO VanEck claims that Bitcoin will account for half of gold's total market capitalisation and reach $350,000.

#btc #vaneck

📍 Kamala Harris' team will meet with crypto industry leaders on 5 August

#usa #harris

🙄 48% of users expect bitcoin to fall below $60,000 - Polymarket data

Another 26% bet that bitcoin will break through the $55,000 price mark. 12% of users expect it to fall below $50,000, while 4% expect it to fall below $45,000.

#polymarket #btc

🩸 The U.S. stock market lost $2.9 trillion.

This is the worst result since the covid March 2020.

And also the Japanese stock market today fell to its biggest value since 1987.

#stockmarket

✨ Hexacore plans to launch the token as early as August!

Considering the amount of investment in this project, as well as partnerships, it is safe to expect a reward on the community.

Before it's too late, come in and familiarise yourself with it 💸

📊 Quotes of the first cryptocurrency fell below the $62,000 mark

Over the past 24 hours, the asset lost 4.2%.

Meanwhile, in terms of capitalisation, the cryptocurrency for the first time since July 8 failed the psychological boundary of $3000, losing 5% over the day.

The total volume of liquidated positions for the day amounted to $289 million. $247 million of them were longs.

#btc #eth

🦄Arena Games gives easy tasks and chances for cool drops

As we have already written earlier, in this case the project is supported by trustworthy investors and partners, which is important nowadays.

You can see more details here 💎