Bitcoin and Ethereum Jump After Powell’s Speech at Jackson Hole: ETH Jumps 8%!
TL;DR Powell Signal: Fed chair hints at a possible September rate cut, pointing to shifting economic risks and the potential need to adjust policy if inflation
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Cardano Holders Approve First Treasury Withdrawal — What’s Next for ADA Governance?
TL;DR Milestone: Eternl wallet secures first Cardano treasury payment of 5,830 ADA after community-approved proposal, marking the start of direct, on-chain project funding. Upgrades: Treasury allocation
Ethena Rolls Out First Eligible Asset Framework to Back USDe
TL;DR Ethena’s Open Interest: USDe backing assets must exceed $1B in aggregate open interest, with at least 30% on a single venue. Liquidity: Assets require spreads
Blockchain Forensics: One Treasury Linking YZY Profits to LIBRA’s Rise
TL;DR Insider Link: Same treasury wallet tied to $23M profits from YZY and LIBRA token launches. Tactics: Early buys before public access enabled rapid multi-million gains,
Spot ETH ETFs Recover $287M After Week of Heavy Outflows
TL;DR What happened: Spot ETH ETFs posted $287.6M net inflows Thursday, reversing a four-day streak of heavy outflows. By the numbers: Prior week saw $924M outflows;
Ripple and Hedera Selected for SWIFT’s Blockchain Cross-Border Test
TL;DR SWIFT Trials: SWIFT pilots XRP Ledger and Hedera to test settlement within its $150T network under ISO 20022 messaging standards. Adoption Potential: Even SWIFT volume
Reuters: China Prepares Plan for Renminbi Expansion via Stablecoins
TL;DR Policy Shift: China plans yuan-pegged stablecoins to boost the renminbi’s global role, reversing its 2021 crypto ban. Key Hurdles: Capital controls and low global payment
Kraken Becomes First Major Exchange to Fully Implement DVT for Ethereum Staking
TL;DR Milestone: Kraken fully migrates Ethereum staking to DVT clusters via SSV Network, boosting decentralization and fault tolerance. Security: Keys split among operators, with distributed generation
Bitget Wallet Adds Base and Aerodrome to Boost On-Chain Trading
TL;DR Integration: Bitget Wallet adds Aerodrome DEX on Base, enabling in‑app swaps, liquidity provision, and rewards for cbETH and cbBTC. User Access: New Base ecosystem zone
Aave Goes Live on Aptos with Support for Four Key Assets
TL;DR Launch: Aave debuts on Aptos with USDC, USDT, APT, and sUSDe, backed by liquidity incentives and Chainlink oracles. Security: Rebuilt in Move with multiple audits,
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