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On the Margin Newsletter: Crypto may seem down, but here’s why analysts remain optimistic
On the Margin Newsletter: Crypto may seem down, but here’s why analysts remain optimistic

Meanwhile, stocks rally after Jerome Powell finishes his Capitol Hill tour

Blockworks·2024/07/10 21:55
Chances of a September rate cut increase for Federal Reserve
Chances of a September rate cut increase for Federal Reserve

Share link:In this post: Jay Powell addresses the Senate with an update on his outlook for the economy. The Fed is scared of making a slightly wrong move, because it could tumble the economy. QCP expects softer CPI figures that would boost the crypto market that has remained surprisingly resilient.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research

Cryptopolitan·2024/07/10 17:28
Flash
07:40
Bank of England begins drafting regulatory rules for systemic stablecoins
According to Bloomberg, the Bank of England has begun drafting regulatory rules for systemic stablecoins.
07:38
PancakeSwap passes proposal to reallocate side product fee flow to optimize treasury
Foresight News reports that the PancakeSwap community has passed the proposal to "redistribute the byproduct fee flow to optimize the treasury," with an approval rate of 99.57%. The proposal includes The Kitchen's suggestion to reallocate fees generated from PancakeSwap byproducts (defined as products other than AMM v2, v3, and Infinity) to the PancakeSwap treasury, thereby authorizing The Kitchen to use these funds for protocol development.
07:35
Poland's Producer Price Index rose by 2.4% year-on-year in May.
Poland's Producer Price Index rose by 2.4% year-on-year in May
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