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đ What happened in Crypto in the last 12h? đ âą Powell said that the recent 50bp rate cut should not be interpreted as a sign that future rate cuts will be aggressive, but rather that the next rate cut will be smaller(25bp). This is contrary to market expectations for more aggressive QE. âą Japan is set to review its regulations on crypto. This could mean a lower crypto tax rate and the possible opening of a crypto ETF in Japan. âą Trump's DeFi platform WLFI opens whitelist registration; participants must undergo KYC and are eligible for non-US residents and US accredited investors. âą $EIGEN - Today, several CEXs have announced the listing of $EIGEN. $EIGEN is scheduled to unlock at sept 30th 4am UTC. Listing times on major cex > Bybit: 4am, Binance: 5am, OKX: 6am (UTC) âą $ENA - A governance proposal for Ethereal Exchange, a USDe-based DEX, has appeared. Ethena team has mentioned plans to place liquidity on other DEXs, including Hyperliquid. Additionally, holders of $sENA are allocated 15% of the Ethereal governance tokens. âą $STMX - StormX merges with #EARNMrewards and announces plans to swap $STMX for $EARNM.
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⥠Jerome Powell (Chairman of #FED ): â Interest rate decisions will be made from meeting to meeting. â There are risks associated with both inflation and the labor market. â Over time, the Fed's monetary policy will shift toward a more neutral stance if the economy develops in line with expectations. â The US economy is in a stable state â we intend to support it. â We have made significant progress towards restoring price stability without a painful rise in unemployment. â The 50 bp rate cut reflects growing confidence that the corresponding recalibration of monetary policy can support labor market resilience and the disinflation process. âïžThe Fed will NOT "aggressively" cut interest rates. â Inflation is on a steady path towards the 2% target. â The labor market is generally balanced.
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đ TOP token unlocks from September 30 to October 6! â«ïž #SUI - $146.77 million â«ïž #OP - $59.25 million â«ïž #IMX - $55.72 million â«ïž #DYDX - $12.08 million â«ïž #WLD - $9.90 million â«ïž #PRIME - $7.71 million â«ïž #GAL - $6.96 million
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đ Binance Will List EigenLayer (EIGEN) with Seed Tag Applied âĄïž Binance will list EigenLayer (EIGEN) and open trading for the following spot trading pairs at 2024-10-01 05:00 (UTC).
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đ What happened in Crypto in the last 12h? đ âą FTX is rumored to be distributing $1.6B to creditors today. but this is unconfirmed and pending court approval on Oct 7. $FTT $LUNA $USTC âą Remixpoint, a Japanese publicly traded power company, has announced that it has purchased crypto assets worth „750m(~$5.25m). They bought 64.4 $BTC, 130.1 $ETH, 2,260.5 $SOL, and 12,269.9 $AVAX. âą $EIGEN - Following the announcement made by the Eigen Foundation last week, EIGEN's transfer limits will be removed today. $ALT $ETHFI $REZ $LDO âą #MOODENG - Bybit mentioned Moo Deng on its X channel, hinting at a possible listing. âą $SUI's bull run continues, breaking through the $1B TVL and reaching the ATH of TVL. $NAVX $CETUS $SCA âą $FTM $S - Sonic Labs launched Arcade, a game page with an allotted 200m $S airdrop. âą $FB $SATS - Fractal Bitcoin's PizzaSwap will launch today, as scheduled. âą $STMX - StormX co-founder Simon Yu has been teasing a major update on the merger, and over the weekend he teased today's announcement. âą $GFT - Gifto mentioned that there's a big surprise coming soon on X channel.
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