News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitcoin’s estimated leverage ratio (ELR) has dropped from its late July and early August highs, reducing the likelihood of sharp market corrections and helping to sustain price stability at elevated levels.
Share link:In this post: CoreWeave director Jack Cogen offloaded stock worth nearly $300 million as other investors offloaded up to $1 billion, according to regulatory filings The firm’s stocks have dropped by over 35% following weaker-than-expected Q2 earnings and soaring costs. Its shares had swung from a $40 IPO price in March to a $183 peak in June before retreating to around $100.
Analysts say the scale and timing of these acquisitions highlight disciplined accumulation, strengthening Ethereum’s role as a leading macro asset.
Prediction markets place the odds of US approval of a Dogecoin ETF at about 75%, due to the crypto-friendly Donald Trump administration.
- 14:48The SEC Cryptocurrency Special Task Force will organize a series of public meetings.Jinse Finance reported that the U.S. Securities and Exchange Commission (SEC) has officially announced that the Cryptocurrency Special Task Force is actively preparing to arrange opportunities for stakeholders to meet with crypto-friendly Commissioner Hester Peirce and her team. To promote open dialogue and transparency, the SEC will release the agenda and list of representatives participating in each meeting.
- 14:47Data: The probability of the Federal Reserve cutting rates by 25 basis points in September has risen to 91%, while the probability of a 50 basis point cut is 7%.According to Jinse Finance, Polymarket data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in September has risen to 91%, while the probability of a 50 basis point cut is 7%. The current trading volume is $196 million.
- 14:40Layer-1 network Mavryk Network completes $10 million funding round, led by MultiBank GroupChainCatcher reported that Layer-1 network Mavryk Network has announced the completion of a $10 million funding round, led by MultiBank Group, to expand its real-world asset (RWA) tokenization initiative. It is reported that Mavryk Network and MultiBank have established a partnership to tokenize real estate assets in the United Arab Emirates valued at over $10 billion through MultiBank's RWA platform.