Bitpush editor selects Web3 news for you every day:
[Hedge fund Capula Investment Management holds $464 million worth of spot Bitcoin ETF]
Hedge fund giant Capula Investment Management reported that it owns $464 million worth of spot Bitcoin ETF shares, according to a filing with the U.S. Securities and Exchange Commission on Monday. According to the filing, Capula holds shares in spot Bitcoin ETFs issued by BlackRock and Fidelity.
It is reported that Capula Investment Management is a London-based company and one of the largest hedge fund management companies in Europe.
[ Federal Reserve Daly: Open to cutting interest rates at the September meeting, does not think the weakness in the labor market will worsen]
Daly, a 2024 FOMC voting member and president of the San Francisco Fed, said in a speech that the Fed's mission and the risks it faces are becoming balanced, and that it is open to cutting interest rates at the upcoming (September) meeting.
"The underlying data in the July jobs report provides some reason for confidence that we are slowing but not collapsing," Daly said. "I don't think the weakness in the labor market will intensify now and will be watching closely to see if the next job market report reflects the same dynamics or a reversal. If we react to just one data point, we will almost always be wrong."
[ Bybit agency head: BTC may still reach the target of $86,000 or even $105,000 in the second half of the year]
Eugene Cheung, head of Bybit Institutional, said that the fundamentals of Bitcoin and Ethereum remain exceptionally strong, and institutional adoption of cryptocurrencies has increased, highlighting Morgan Stanley's recent decision to have wealth advisors market Bitcoin exchange-traded funds to clients. Eugene Cheung believes that the expected US interest rate cuts, the growing US national debt, and increased political support for cryptocurrencies all point to higher prices in the second half of 2024. Bitcoin has the potential to break out of the current range and reach targets of $86,000 or even $105,000.
[Data: Vitalik Buterin's address transferred 3,000 ETH 3 hours ago and currently holds 245,223 ETH]
According to Lookonchain monitoring, vitalik.eth (@Vitalik Buterin) transferred 3,000 ETH ($7 million) 3 hours ago. Wallet "Vb 3" transferred 3,000 ETH ($7 million) to vitalik.eth. Currently, vitalik.eth holds 245,223 ETH ($571.72 million).
[Google loses antitrust case in search business]
A U.S. federal judge ruled on Monday that Google's (GOOG.O) efforts to maintain a monopoly in online search were illegal, a decision that strikes a blow to the power of big tech companies and could fundamentally change the way they do business.
"Google is a monopoly and has maintained its monopoly as a monopoly," wrote U.S. District Court Judge Amit P. Mehta in the ruling.
It is reported that in 2020, the U.S. Department of Justice and states led by Colorado and Nebraska sued Google, accusing it of illegally consolidating its dominance, in part by paying billions of dollars each year to other companies such as Apple and Samsung to have Google automatically process search queries on their smartphones and web browsers.
[Bitcoin dominance soars to 60%, reaching an annual high]
Bitcoin dominance has surged to a yearly high amid a general correction in digital assets and global stock markets. According to The Block's data page, Bitcoin's total market capitalization now accounts for nearly 60% of the total capitalization of the crypto industry, an increase from Bitcoin's share of about 51% last Friday.
For more information, please join:
Twitter: https://twitter.com/BitpushNewsCN
BitPush TG Exchange Group: https://t.me/BitPushCommunity
Bitpush TG subscription: https://t.me/bitpush
Btok subscription: https://btok360.com/bitpush
