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1Bitget Daily Digest(8.13)｜US Treasury Secretary Besant Recommends 50 Basis Point Rate Cut in September; ETH Breaks Through $4,600, Foundation-Linked Address Sells ETH at Average Price of $4,602.12Ether May Approach $8,656 If Bitcoin Reaches $150,000, Analysts Suggest3Ethereum Price Today Surpasses $4,5, and Futures Interest Hits Record High
Polygon Shows Strength: Can POL Stage a Full Recovery?
·2025/07/06 09:50
Crypto Insiders Eye These 3 Altcoins for Big Gains
Cryptonewsland·2025/07/06 09:50
United Kingdom announces crackdown on crypto tax evaders
Share link:In this post: The United Kingdom has announced efforts to crack down on crypto traders evading taxes on their profits. The government has urged all crypto traders to provide their details to their cryptoasset services or pay fines of up to £300. The new tax rules are expected to go into effect in January 2026 and are expected to raise about £315 million by April 2030.
Cryptopolitan·2025/07/06 09:05
Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack?
CryptoNewsNet·2025/07/06 08:06
3 Bonk Ecosystem Meme Coins to Watch This Week
·2025/07/06 08:00
ETH Outperformed BTC: Is This the Reversal?
·2025/07/06 06:50
Drake’s Bitcoin Mention Sparks Crypto Buzz
·2025/07/06 06:50
Saylor Predicts $1M Bitcoin If Wall Street Buys In
·2025/07/06 06:50
Flash
- 01:08Dragonfly Investor: Interest Rate Cuts Would Be Disastrous for Circle, Leading to Sharp Declines in Revenue and ProfitAccording to ChainCatcher, Dragonfly investor Omar commented on X regarding interest rate cuts: “Rate cuts are nothing short of disastrous for interest rate-sensitive companies like Circle: a 100 basis point cut would reduce annualized total revenue by $618 million, shrink gross profit by $303 million, and lower profit margins by 3.3 percentage points. In terms of valuation, this would push the already high 42x EV/annualized gross profit multiple up to 60.4x (a premium of about 50%).” To offset the impact, Circle would need to increase USDC circulation by $28 billion (equivalent to 44% of its current $64 billion scale) just to maintain the status quo. With rate cuts now a foregone conclusion, this explains why there was a massive $1.5 billion stock sell-off yesterday, and also reveals why Circle is eager to push new products that can monetize transaction flows (CPN and Circle Chain).”
- 01:08USD/JPY Falls to 146.52, Hitting a New Low Since July 24According to ChainCatcher, citing Jin10, the US dollar against the Japanese yen (USD/JPY) has fallen to 146.52, marking a new low since July 24.
- 01:04Radiant Capital attacker sells 2,496 ETH at $4,741 eachAccording to a report by Jinse Finance, on-chain analyst Onchain Lens has monitored that the Radiant Capital attacker sold 2,496 ETH at a price of $4,741 per coin, exchanging them for approximately $11.83 million in DAI. The platform was previously hacked on October 17, 2024, resulting in a loss of about $53 million.