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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Oil markets mixed as Exxon and Chevron beat profit estimates, Saudi drilling hits 20-year low
Oil markets mixed as Exxon and Chevron beat profit estimates, Saudi drilling hits 20-year low

Share link:In this post: Exxon and Chevron beat Q2 profit forecasts despite falling crude prices. Chevron finalized its $55B Hess deal and will resume limited Venezuelan oil exports. Saudi Arabia’s oil rig count fell to 20 in July, the lowest since 2005.

Cryptopolitan·2025/08/02 07:55
JD Vance, Labor Secretary reject Trump’s claim that jobs data is rigged
JD Vance, Labor Secretary reject Trump’s claim that jobs data is rigged

Share link:In this post: JD Vance and Lori Chavez-DeRemer pushed back on Trump’s claim that the jobs data was manipulated. Both officials defended the administration’s job creation before Trump fired the BLS commissioner. Chavez-DeRemer called the revisions unexpected but emphasized Trump’s hiring record.

Cryptopolitan·2025/08/02 07:55
Households hit with $14.5 billion after Bank of England’s rate cuts
Households hit with $14.5 billion after Bank of England’s rate cuts

Share link:In this post: UK households are still worse off despite the BoE cutting rates four times since July 2024 Savers lost nearly £5 billion while mortgage and credit costs rose by £6 billion. BOE likely to cut rates to 4 percent but high inflation keeps easing slow.

Cryptopolitan·2025/08/02 07:55
Two Reasons Why XRP Could See a Sharp Drop Soon
Two Reasons Why XRP Could See a Sharp Drop Soon

XRP faces potential short-term declines, with decreasing leverage and significant sell-side pressure. Unless buying momentum strengthens, it may drop below key support levels.

BeInCrypto·2025/08/02 07:41
Flash
  • 10:37
    Analysis: At $0.36, WLFI public sale participants at $0.015 would see a 4.8x gain at launch
    According to ChainCatcher, crypto KOL AB Kuai.Dong analyzed that WLFI's pre-market contracts are currently consolidating around $0.36, corresponding to a total market capitalization of $36.4 billion. If, according to the official rule, only 20% of the public sale investors' shares are unlocked at the opening, and based on a token price of $0.36, the projections are as follows: Participants at $0.015 can realize a 4.8x profit at the opening, with a total floating profit of 24x for their shares. Participants at $0.05 can realize a 1.44x profit at the opening, with a total floating profit of 7.2x for their shares.
  • 10:26
    A major whale transferred 77,736 ETH to an exchange 10 minutes ago
    According to Jinse Finance, Ember monitoring has reported that 77,736 ETH, worth $368 million, was transferred from address 0xfDFE to an exchange 10 minutes ago. These 77,736 ETH were originally withdrawn from an exchange six and a half years ago (January 2019), when they were valued at only $11.9 million. In February this year, they were transferred to an exchange but apparently were not sold and were moved back on-chain. Today, all of this ETH has once again been transferred to an exchange, with its value having increased from $11.9 million seven years ago to $368 million now—a 31-fold increase.
  • 09:37
    XRP market capitalization surpasses $180 billion, overtaking Pinduoduo
    According to ChainCatcher, market data shows that XRP has surpassed $3, reaching $3.05, with a 24-hour increase rising to 6.41%. The latest data from 8 MarketCap indicates that its market capitalization has now exceeded $180 billion, reaching $181.41 billion, surpassing Pinduoduo and Deutsche Telekom. XRP now ranks 107th among global assets by market capitalization, while Pinduoduo's current market cap stands at $184.05 billion.
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