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Weekly Review丨ZKX outage: Investors were unaware, the price of the currency plummeted and the market makers were blamed; the Fed’s September rate cut
Weekly Review丨ZKX outage: Investors were unaware, the price of the currency plummeted and the market makers were blamed; the Fed’s September rate cut

The Federal Reserve kept interest rates unchanged, and the Bank of England has cut interest rates by 25 basis points; Binance Labs Fund announced its seventh season of incubation projects; Trump launched limited edition sneakers that support Bitcoin payments

BlockBeats·2024/08/04 05:52
Web3 Watch: Telegram launches browser, ‘mini app store’
Web3 Watch: Telegram launches browser, ‘mini app store’

Plus, DraftKings is done with NFTs and a Web3 travel app takes off

Blockworks·2024/08/04 01:18
Flash
07:53
Axel Adler Jr.: The second wave of bitcoin panic selling is only half as intense as that of February
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin is experiencing its second round of panic selling this year, with the current 30-day average profit and loss ratio dropping to around 0.28, indicating it is in the capitulation pressure zone. During the first round of panic in February, realized losses peaked at around $2.6 billion; in early June, the second round peaked at around $1.4 billion and has now fallen back to about $558 million.
07:52
Anthony Scaramucci predicts bitcoin will start to rise in the fourth quarter of 2026.
SkyBridge founder Anthony Scaramucci predicts that Bitcoin will begin a bull run from the fourth quarter of 2026 to early 2027. (Bitcoin Archive)
07:46
Canada and Germany reach consensus to carry out deep cooperation in the critical minerals sector
Canada and Germany have reached a consensus to conduct in-depth cooperation in the field of critical minerals.
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