🚨🇺🇸 The SEC has closed its investigation into Consensys and no longer claims that Ethereum is a security. 
 News Source - Crypto jagran

phaver

$SOCIAL Summer meets Social Summer 🔆
Want +10-20% extra on your S1 $SOCIAL Phairdrop?

$SOCIAL will also launch on Cyber L2, and claiming on it has benefits! 🟢💜🦄

A total 30M S1 tokens will be phairdropped on Cyber L2 for first users to qualify & opt in 🎉

Details 👇
- $SOCIAL is released on Eth, Base and Cyber
- Opting in to claiming your Season 1 and Bonus Round tokens on Cyber gives you an extra multiplier on both 🟢
- $SOCIAL is fast and cheap to swap between all the chains thanks to LayerZero and also added to CyberSwap ⚡️

How to opt in and qualify for +10% ⤵️
1. Comment under THIS post with ” Cyber “, be fast as allocations are FCFS until total 30M tokens, AND
2. Mint the Phaver Cyber Social Summer NFT at https://socialsummer.xyz/project/201863462964 after 17th Aug. ✔️ More details in the next announcement.

To receive even more, qualify above and:
3. If you voted for Phaver in the CyberConnect hackathon in 2023 & have the W3ST in your Phaver-connected wallets, you…

$SOCIAL

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Building new things, powered by $SOCIAL

📉 Over $1.2 Billion Liquidated from the Crypto Market

In the last 24 hours, $1.2 Billion worth of trades has been liquidated from the Crypto Market.

🇺🇸 FED Rate Cut Speculations — It May Be Coming

Futures on SOFR and Federal funds rate indicate a potential interest rate cut by the Federal Reserve, with SOFR futures suggesting a 25 bps cut by August and a 50 bps reduction by September. 

Chicago Fed President Goolsbee emphasized a focus on employment and price stability over market volatility.

🇺🇸 Bitcoin ETFs Hit $3 Billion in Trading Volume in First 1 hour

The US Bitcoin ETFs saw a massive $1 billion in trading volume within the first 20 minutes, and over $3 billion within the first hour after trading started.

New Ethereum ETFs Gain $1.18B, Net Outflow $338M Due to Grayscale 📈.

In their first week, new Ethereum ETFs gained $1.18 billion. However, large withdrawals from Grayscale resulted in a net outflow of $338 million.

🇺🇸 FED WEEK: Crypto’s About to Get Lit

The Fed’s FOMC meeting and Powell’s announcement are this week. 

A 25-basis point rate cut is rumored for September, possibly more later. Powell’s words could affect crypto gains. Job stats on August 2 predict 190K new jobs and a 4.1% unemployment rate.

🇺🇸 BREAKING: Trump will fire SEC chair Gary Gensler if elected.

Donald Trump has announced that he will fire SEC Chair Gary Gensler if elected and appoint a new SEC chair.

🇺🇸BREAKING: Elon Musk Attending Bitcoin Conference in Nashville?

Rumours are circulating that Elon Musk is on his way to attend the BITCOIN conference in Nashville.

🌐Source: USA Today.

🔹 Ethereum ETFs Debut with $1 Billion Trading Volume, Capturing 23% of Bitcoin ETFs' Launch Day Figures

The ETFs made an impressive entrance, recording $1 billion in trading volume on their first day. 

This figure represents approximately 23% of the spot Bitcoin ETFs’ debut volume. 

Investors and crypto enthusiasts are closely monitoring this development, signaling growing interest in Ethereum as an investment asset.

🔹 Ethereum ETFs Debut with $300 Million in Trading Volume in First Hour

Ethereum exchange-traded funds (ETFs) made a remarkable debut, achieving $300 million in trading volume within the first hour. 

Launched by eight issuers, these ETFs cater to both institutional investors and retail traders, highlighting the growing interest in Ethereum as an investment vehicle.

🇺🇸 SEC Approves Nine Spot Ethereum ETFs for U.S. Trading

The U.S. SEC approved nine spot Ethereum (ETH) ETFs for trading, offering Americans easier access to ETH. 

Analysts predict these ETFs could push ether's price up to $6,500, with expected inflows of $15 billion to $20 billion in the first year.

Investor and NFT Trader 

Trending News 💯

Kaushal

@kaushalk