1. Trump and Harris’ dispute affects the crypto market
The crypto market is increasingly affected by the US election. From the accelerated approval of Ethereum spot ETFs to the recent divergence of crypto prices from US stock trends, it is clear that the direction of the new US presidential candidate is becoming more and more of a bellwether for crypto investors. Click to read
2. Analysis of the encryption layout of traditional financial institutions in the United States: Tokenization of real assets is the future
The crypto world, which wanted to be independent of traditional finance from the beginning, has gradually become a part of mainstream finance. And those traditional financial institutions that initially disdained cryptocurrencies have also begun to deploy in the crypto industry and have received relatively generous rewards. Click to read
3. Coindesk in-depth investigation: EigenLayer employees received "airdrop bribes" of $5 million
Many consider EigenLayer one of the most promising projects in the sprawling ethereum blockchain ecosystem. The application provides a so-called “trusted neutral” platform for building blockchain applications and protecting them from theft and cyberattacks. However, this neutrality comes with a major caveat. A CoinDesk investigation found that employees at Eigen Labs, the company behind EigenLayer, have accepted millions of dollars in compensation from other projects that rely on its technology, raising questions about potential conflicts of interest. Click to read
4. Analysis of US non-farm payrolls in July: Perhaps not as pessimistic as imagined
Historically, Wall Street's desire for loose monetary policy when facing recession risks is always greater than its pursuit of hawkish policies when facing economic overheating and inflation risks. In other words, the U.S. market's "elasticity" to interest rate cuts is always higher than its "elasticity" to interest rate hikes, and its risk appetite for inflation is higher than its risk appetite for deflation. Click to read
5. How much money did Trump make from NFT issuance?
Republican candidate Donald Trump owns up to $5 million worth of cryptocurrency and has made more than $7 million from his foray into non-fungible tokens (NFTs), a new financial disclosure document shows.