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Share link:In this post: Santiment has stated that the increase in social media chatter surrounding the Fed and interest rates could pose risks to digital assets. More than 75% of market participants are predicting a rate cut in September after Powell’s speech. Analysts are divided over the short and long-term effects on digital assets if a rate cut happens in September.
Share link:In this post: LayerZero announced its acquisition of Stargate Finance in a $120 million deal. The deal will bring Stargate under LayerZero’s ecosystem, with ZRO becoming the sole token. ZRO and STG are down today despite the deal, as holders hope for a resurgence.
Share link:In this post: Emerging markets are projected to outperform developed economies due to looser U.S. monetary policy, tighter fiscal control in EMs, and increasing investor flows. Fed rate cut expectations are boosting EM appeal, with funds like iShares Core MSCI EM ETF attracting billions since April. Strong fundamentals support EM assets, including lower inflation surprises, attractive equity valuations, and selective currency strength like the Brazilian real.
- 18:34Data: If ETH falls below $2,950, the cumulative long liquidation intensity on major CEXs will reach $854 millions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $2,950, the cumulative long liquidation volume on major CEXs will reach $854 millions. Conversely, if ETH breaks above $3,257, the cumulative short liquidation volume on major CEXs will reach $632 millions.
- 18:27Data: Total net inflow of US spot Solana ETF reaches $674 millionJinse Finance reported that despite the decline in SOL prices and the overall weakness in the crypto market, the US spot Solana ETF has recorded net inflows for seven consecutive days. According to data from investment management firm Farside Investors, Tuesday marked the highest single-day inflow during the seven-day period, with approximately $16.6 million flowing into the SOL ETF. Farside's data shows that as of press time, the total net inflow into the SOL ETF has reached $674 million.
- 17:51Data: Ethereum staking rate reaches 27.93%, Lido market share at 24.74%According to Jinse Finance, data from Dune Analytics shows that the total amount of ETH staked on the Ethereum Beacon Chain has reached 34,676,830 ETH, accounting for 27.93% of the total ETH supply. Among them, the share of staked ETH through the liquid staking protocol Lido is 24.74%. In addition, since the Shanghai upgrade, there has been a net inflow of 16,511,352 ETH.