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The LayerZero-Stargate deal dissolves the DAO and converts all STG tokens into ZRO, consolidating both platforms under one governance framework.
XRP price trades near $3.03, with whales adding $758 million worth of tokens. A breakout above $3.29 remains critical for triggering the next rally.
Share link:In this post: Powell may cut interest rates in September because the economy is slowing, but he’s being cautious to avoid looking like he’s giving in to Trump. Trump wants big rate cuts to help with government debt, but Fed officials, like Beth Hammack, say inflation is still too high. Trump is pressuring Fed leadership, threatening to fire Lisa Cook and nominating Stephen Miran to the Fed board after a recent vacancy.
Share link:In this post: SpaceX is preparing to launch Starship from South Texas on August 24 after recent failures in flight and ground tests. NASA is relying on Starship for its Artemis moon program with a $4 billion contract and a 2027 deadline. The rocket stands nearly 400 feet tall with 33 booster engines and will attempt controlled splashdowns in the Gulf of Mexico and Indian Ocean.
Share link:In this post: Trump fired BLS head Erika McEntarfer and claimed July’s jobs report was rigged without proof. Wall Street investors are shifting away from BLS data and relying more on private sources. Experts like Philip Petursson and Michael O’Rourke no longer trust BLS numbers fully.
Share link:In this post: A Fed paper says the US can hit 250% debt-to-GDP without spiking interest rates—if demand holds up. Interest payments already hit $1.2 trillion, and will hit $1.4 trillion in 2026 unless yields fall. The Fed plans to cut rates soon, blaming rising unemployment despite inflation still climbing.
- 10:11US stock strategists optimistic about 2026 rally, say current risks are temporary headwindsAccording to ChainCatcher, citing Golden Ten Data, some Wall Street strategists believe that strong corporate earnings will drive the rise of the US stock market in 2026, and the risks surrounding uncertain interest rate prospects will prove to be temporary. Michael Wilson from Morgan Stanley stated that an earnings recovery is underway, US companies enjoy better pricing power, and earnings expectation revisions have bottomed out. He pointed out that although guidance from the Federal Reserve and government shutdowns have put pressure on stock prices, these are only temporary obstacles. The market's focus is shifting to Nvidia's financial report to be released next week.
- 09:59Crédit Agricole: The end of the U.S. government shutdown may halt the dollar's upward momentumChainCatcher News, according to Golden Ten Data, Crédit Agricole stated that the upward momentum of the US dollar since October will face a major test as the US government shutdown may soon come to an end. The bank pointed out that once the US government shutdown ends and the release of economic data resumes, weak data may highlight its negative impact on the economy and fuel dovish sentiment. In addition, as the government shutdown ends and the Treasury's cash hoarding is lifted, the liquidity premium of the US dollar may dissipate, causing the dollar to lose another supporting factor.
- 09:47Data: UBS predicts the S&P 500 index will reach a target level of 7,500 points by the end of 2026.According to Golden Ten Data, ChainCatcher reports that UBS Global Research predicts the S&P 500 index will reach a target level of 7,500 points by the end of 2026.