Time to Lower the Rate

The U.S. economy is showing signs of stabilization, inflation is moving toward the target level of 2%, and the Fed chair announced plans to lower the key interest rate this fall during the recent meeting.

How might this decision impact the crypto market?

1. Increased appeal of risky assets: When central banks lower interest rates, traditional financial instruments like bonds and deposits become less attractive in terms of returns. This prompts investors to seek alternative, higher-yielding but riskier assets, such as cryptocurrencies.
2. Increased liquidity: Lower rates are often accompanied by looser monetary policy, which…

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Bitcoin remains tied to the U.S. IT sector

Bitcoin’s dependence on the U.S. stock market remains and is even intensifying.

According to Bloomberg strategist Mike McGlone, the U.S. economy is at risk of recession. If the negative scenario unfolds, we can expect a slowdown in business activity.

In 2024, the U.S. financial sector faced significant challenges, prompting investors to shift their focus to gold.

If the Federal Reserve continues to adhere to a tight monetary policy, investors are likely to avoid IT stocks.

At the moment, Bitcoin also appears weak and is not attracting significant capital inflows.

Mike McGlone believes that Bitcoin is unlikely to show significant…

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UniSwap continues to expand its presence in the market

Driven by constant updates and feature enhancements. The platform offers users access to a wide range of tokens and attractive conditions for liquidity providers, making it a preferred choice for many in the DeFi community.

Moreover, UniSwap is actively introducing innovations, such as protocols for optimizing exchanges and managing liquidity, which help it stay competitive and attract new users.

Despite the significant gap, other platforms like Curve and PancakeSwap are also evolving and offering unique solutions to their users, maintaining a competitive dynamic in the DEX market.

With the total value of locked assets on leading exchanges reaching $17.4 billion, the DeFi market continues to show steady growth and is attracting increasing attention from both individual and institutional investors.

Human-AI Symbiosis

In the 2040s, humanity will merge with artificial intelligence, forming a super-being that will no longer suffer from illnesses and will live longer. This view was expressed by futurist and former Google employee Ray Kurzweil.

In his book “The Singularity Is Nearer: When We Merge with AI,” he reflects on the coming of the singularity.

Singularity is traditionally understood as the moment when artificial intelligence reaches the level of artificial general intelligence (AGI), capable of reasoning on par with or even surpassing humans. According to Kurzweil, this event will occur as early as 2029.

In this context, AGI refers…

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More Than Half of BTC Hashrate Is Controlled by Two Pools

Foundry USA and AntPool, two leading mining pools, control over 50% of Bitcoin’s network computing power.

According to Blockchain data, these two pools hold 56.7% of the total BTC hashrate.

Over the past 72 hours, they have mined the most blocks. On Sunday, Bitcoin’s hashrate reached 651 Eh/s.

Foundry accounts for 215.79 Eh/s, while AntPool controls 153.55 Eh/s.

In the past six months, Foundry has nearly doubled its capacity, increasing its hashrate from 140.26 Eh/s at the beginning of the year to 215.79 Eh/s, a growth of 75.53 Eh/s.

AntPool’s hashrate has also slightly increased, remaining within stable ranges.…

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Scientists Create DNA-Based Biocomputer

Replacing traditional electronic components, researchers have developed a DNA-based biocomputer. The results of the study were published in the journal Nature Nanotechnology.

This new technology not only stores and processes data but also repeatedly writes, retrieves, and erases information. Previous attempts to use DNA for data storage and computation existed, but they did not encompass the full range of necessary operations.

“In modern computers, data storage and processing occur in different parts of the system, and we take that for granted. In reality, modern computers are a network of complex technologies,” noted the lead researcher, Albert…

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Polymarket and the bet on Durov’s release from prison by October

Currently, 72% of participants have placed bets in favor of Durov being released by the end of September.

According to media reports, yesterday, his bodyguard and assistant were released from custody, fueling rumors of Durov’s possible imminent release.

However, the situation remains complex: the French prosecutor’s office confirmed that the investigation against Durov began on July 8th by the Cybercrime Department and covers 12 different criminal cases.

The charges include: complicity in creating a platform for criminals, refusal to cooperate with law enforcement, complicity in storing and distributing pornographic materials, drugs, involvement in organized fraud, and other serious crimes.…

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TON temporarily paused but has now resumed operations

The TON developers restored the network after a six-hour outage caused by the halt in block generation. As the team explained, the issue stemmed from an abnormal surge in network activity.

“Several validators were unable to clear their databases of old transactions, which led to a loss of consensus,” the official statement said.

Justin Heon, Chief Investment Officer of TON Foundation, clarified that the network overload was triggered by a large number of “junk” transactions involving DOGS tokens, which started flooding in after the listing.

To restore consensus, validators had to perform a full cleanup of their databases, removing…

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Ethereum network activity has dropped to its lowest level since February

Currently, the average daily number of transactions on the ETH network has reached its lowest point since February.

In mid-August, this figure was 1.12 million transactions per day, but it has now decreased to 1.06 million.

Furthermore, trading volume has also significantly declined: in July, it was $6.56 billion, but in August, it has dropped to $2.9 billion.

In July, Ethereum users conducted 35.49 million transactions, but as of now, with four days remaining in August, the number of transactions has only reached 27.27 million.

The altcoin lacks the support needed to surpass the $3,000 mark.

The decline in…

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SEC vs. Images

The NFT platform OpenSea has come under scrutiny from the SEC over a potential securities case.

A quote from a post by OpenSea’s CEO, Devin Finzer:
“OpenSea has received a notice from the U.S. Securities and Exchange Commission (SEC) threatening to sue us, claiming that NFTs on our platform are considered securities.

We are shocked that the SEC has taken such drastic action against creators and artists. However, we are ready to stand up and fight.

If we follow this logic, the SEC could classify as securities things like artwork, collectible cards, watches, concert tickets, sneakers, clothing, vinyl…

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Donald Trump’s fourth NFT collection sales exceed $2 million

On August 27, former U.S. President Donald Trump unveiled his fourth NFT collection titled Series 4: The America First Collection.

These digital cards feature various images of the politician and are priced at $99 each. Depending on the number of tokens purchased, buyers can expect various bonuses, such as limited edition gold sneakers or the opportunity to dine with Trump.

According to Polygonscan data, over 22,140 tokens have already been minted, with a total value exceeding $2.19 million, and the number of holders has reached 1,193.

If all 360,000 planned NFTs are released, the collection’s revenue will exceed $35…

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B2Copy and cTrader

B2Broker, a renowned provider of technology and liquidity for cryptocurrency and forex markets, has announced a strategic integration of its investment platforms, B2Copy and cTrader by Spotware. This integration, as announced in the company’s blog, promises a new level of flexibility and control for cTrader users.

The integration allows traders on the cTrader platform to take advantage of copy trading features through B2Copy, including the ability to close copied trades and disconnect orders associated with the master trader’s positions. Additional features include:

- Six allocation methods that enable flexible investment management;
- The ability to reverse copy trades, offering…

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