Crypto Market Update
🤓 Fed Chairman Jerome Powell hinted that they are ready to cut rates.
He emphasized that the Fed does not want further measures to lead to a weakening of the labor market, and also noted that inflation continues to decline and is moving towards the target level of 2%.
📁 Weekly DEX trading volumes of the top 5 chains have grown from ~$20B at the start of the year, to over $40B today
📊 Crypto Net Inflow : Aug 23th
💰 BTC ETFs : $252M 📈
💰 ETH ETFs : -$5.7M 📉
🔥 1confirmation founder Nick Tomaino predicts that #Ethereum💰 will surpass #Bitcoin💰 in the future.
Tomaino believes #Ethereum, which has been the most influential blockchain in the last 5 years, is the platform where top developers are creating the decentralized internet. #ETH is compared to digital oil fueling this ecosystem.
He emphasized that the Fed does not want further measures to lead to a weakening of the labor market, and also noted that inflation continues to decline and is moving towards the target level of 2%.
📁 Weekly DEX trading volumes of the top 5 chains have grown from ~$20B at the start of the year, to over $40B today
📊 Crypto Net Inflow : Aug 23th
💰 BTC ETFs : $252M 📈
💰 ETH ETFs : -$5.7M 📉
🔥 1confirmation founder Nick Tomaino predicts that #Ethereum💰 will surpass #Bitcoin💰 in the future.
Tomaino believes #Ethereum, which has been the most influential blockchain in the last 5 years, is the platform where top developers are creating the decentralized internet. #ETH is compared to digital oil fueling this ecosystem.
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👑 WazirX announces INR withdrawals will resume on Aug. 26
WazirX announced that they can't process crypto withdrawals for users, and only 66% of INR balances can be withdrawn.
🍎 Apple, $AAPL, plans for new iPhones, Airpods, and watches on Sept 10.
Polygon’s Discord channel hacked, team works to regain control
Mudit Gupta, Polygon’s chief information security officer confirmed the breach and urged users to avoid clicking on any links shared within the Discord channel until the situation is fully resolved.
#cryptonews
👑 WazirX announces INR withdrawals will resume on Aug. 26
WazirX announced that they can't process crypto withdrawals for users, and only 66% of INR balances can be withdrawn.
🍎 Apple, $AAPL, plans for new iPhones, Airpods, and watches on Sept 10.
Polygon’s Discord channel hacked, team works to regain control
Mudit Gupta, Polygon’s chief information security officer confirmed the breach and urged users to avoid clicking on any links shared within the Discord channel until the situation is fully resolved.
#cryptonews
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