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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Solana TPS "Fake"?
Solana TPS "Fake"?

Solana is 6.5x misleading, while ADA is 26.5x misleading.

BlockBeats·2024/08/19 08:13
Bitcoin’s price actions and the U.S. election have NO connection whatsoever
Bitcoin’s price actions and the U.S. election have NO connection whatsoever

Share link:In this post: Trump’s making passive income from NFTs and memecoins, but the big money from NFTs is drying up. His crypto wallets are pulling in tens of thousands of dollars each month without him having to do anything. Despite the hype, there’s no solid connection between Trump’s election odds and Bitcoin’s price.

Cryptopolitan·2024/08/18 16:00
Flash
  • 02:02
    Analysis: The Pace of the Federal Reserve's Balance Sheet Reduction is Slowing, Now Reduced to $6.7 Trillion
    According to The Kobeissi Letter analysis, the Federal Reserve's balance sheet decreased by $17 billion last month to $6.7 trillion, the lowest level since April 2020. Since April 2022, the Federal Reserve has reduced its balance sheet by $2.3 trillion, a decrease of 25%. This accounts for approximately 48% of the $4.8 trillion purchased by the Federal Reserve during the post-pandemic response period. The Federal Reserve currently holds $4.2 trillion in Treasury securities and $2.2 trillion in mortgage-backed securities (MBS). In March, the Federal Reserve announced that it would slow the average pace of quantitative tightening (QT) from $60 billion per month to $40 billion. This indicates that the pace of the Federal Reserve's balance sheet reduction is slowing down.
  • 02:02
    A whale failed to long TRUMP, switched to 10x long PEPE, now with an unrealized profit of $81,000
    According to Lookonchain monitoring, a whale went long on TRUMP 2 hours ago, but due to TRUMP's sharp decline, he quickly closed the position and was partially liquidated. Then, he opened a new 10x long position on PEPE, currently holding an unrealized profit of $81,000.
  • 02:01
    A certain whale deposits 23.444 billion PEPE worth approximately $3.14 million into CEX after holding for 2.5 months
    According to Onchain Lens monitoring, a whale with an address starting with 0x5f95 deposited 2.3444 billion PEPE into a CEX after holding for 2.5 months, valued at approximately $3.14 million, with a profit of about $1.35 million. The whale still holds 437 million PEPE, valued at approximately $58,000.
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