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US Treasury Secretary: Will monitor the situation regarding US Treasuries and whether further action is needed.

54 minutes ago

US Treasury Secretary Bessent stated that regarding US Treasuries, the administration will monitor the situation and assess whether additional actions are necessary. We need to focus on fundamentals, and we are working to maintain market balance. Any movements in bond markets within a 24-hour window are noise.

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Coinbase publicly calls on X to restore the Bitcoin emoji

Coinbase’s official X account posted that now appears to be a good time to resubmit this request to the X platform, calling out to X: “Restore the Bitcoin emoji.” Previous reports noted that X (formerly Twitter) removed the orange Bitcoin emoji associated with the #Bitcoin tag on July 26, 2024.

2 minutes ago

US CFTC to Hold Inaugural Innovation Advisory Committee Meeting, Discussing Cryptocurrencies and Other Topics

Crypto journalist Eleanor Terrett stated in a post that the U.S. Commodity Futures Trading Commission (CFTC) will hold its first meeting of the Innovation Advisory Committee at 1 p.m. Eastern Time (ET) today, discussing topics including cryptocurrency, artificial intelligence, and prediction markets. Attendees will include several corporate executives who attended a White House event yesterday, as well as other leaders from the crypto industry, traditional finance, academia, and the prediction market sector.

2 minutes ago

Privacy project Beldex completes $8 million funding round, led by Sigma Capital.

Privacy public blockchain project Beldex has closed an $8 million funding round, led by Sigma Capital with participation from NTC, Nxgen, Digital Consensus Fund, and EAK Ventures. The round will be used to accelerate the development of its privacy infrastructure for Web3 and AI. As it expands its business, Beldex is extending its existing privacy ecosystem further into the infrastructure space to support developers in building private, confidential applications. The company plans to allocate the funds to key areas including developer tools, privacy applications, protocol security, AI infrastructure, and ecosystem development.

2 minutes ago

Coinbase CEO: Bitcoin could surge to $300,000 to $400,000 in the coming years

Coinbase CEO Brian Armstrong told FOX Business in an interview, "I think in the coming years, such as by 2030, we could very likely see Bitcoin reach $300,000 and $400,000."

2 minutes ago

The three major U.S. stock indices continued to decline, with the Nasdaq down 1%.

According to market data from BIT (bit.com), the Nasdaq fell by 1%, the Dow Jones dropped 0.8%, and the S&P 500 declined 0.4%.

2 minutes ago

Ethos will launch the WHUF token auction on September 1st, with a starting fully diluted valuation (FDV) of $1 million.

According to official announcements, on-chain reputation protocol Ethos Network has announced that it will launch a WHUF token auction on September 1, with plans to sell 20% of the token’s total supply. The auction features an 85% price protection mechanism, an initial fully diluted valuation (FDV) of $1 million, and a maximum valuation cap of $99 million. Additionally, Ethos will offer extra rewards for contributor XP and referrer participants. Users can complete registration in advance to join the WHUF token auction and related incentive activities.

2 minutes ago

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