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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.
- 19:59In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.According to Jinse Finance, Nansen data shows that in the past 7 days, only 10 public chains had fee revenues exceeding $100,000, among which only 5 public chains had fee revenues over $1 million. Tron network ranked first with $6.39 million in fee revenue, followed by Solana ($3.07 million), Ethereum ($2.7 million), BNB Chain ($2.56 million), and Bitcoin ($1.68 million). In addition, HyperEVM's fee revenue in the past 7 days was $225,000, and the newly launched mainnet public chain project Monad had a 7-day revenue of $139,000.
- 19:23Bitcoin Fear and Greed Index Hits 8-Month Low in Late NovemberJinse Finance reported, citing BitcoinNews, that the Bitcoin Fear and Greed Index hit an eight-month low in late November, indicating extreme fear among investors. The index has been declining continuously since October, reflecting increasing market uncertainty and volatility.
- 19:12Google is promoting TPU to major clients including Meta PlatformsAccording to Jinse Finance, The Information reported that Google is now promoting its Tensor Processing Unit (TPU) to major clients, including Meta Platforms, for use in their own data centers. This move directly encroaches on Nvidia's main business model.