Ethereum Targets $2K as Fed Rate Hike May Spur 10%+ Pump
Accumulating exchange supply and rising network activity suggest Ethereum investors expect trading volumes and prices to increase following the recent Federal Reserve rate hike.
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Mid-Air Plane Collision at Australian Airfield Leaves Couple Dead
A mid-air light aircraft collision at Caboolture Airfield in Queensland, Australia resulted in two fatalities, with a couple in their 60s perishing and a 70-year-old man surviving as investigators probe the devastating incident.
UFO Hearing Spurs Launch of 50 Alien Coins by Crypto Investors
Crypto enthusiasts known as “crypto degens” created 50 new alien-themed “shitcoins” in response to a July 26 UFO hearing alleging a government cover-up and sparked a surge of creativity within the crypto community, however, caution should be exercised before investing in these risky meme coins.
SEC Issues AI Rules for Brokers to Prevent Conflicts
Newly introduced regulations by the United States Securities and Exchange Commission will require brokers to practice ethical and responsible use of AI to prevent conflicts of interest, effective from July 26, 2023.
BRICS Currency Faces Trust Issues, China Controls
Nedbank’s chief economist explains how deficiencies like lack of investor trust and China’s capital controls prevent BRICS from creating a joint currency that reduces global dependence on the US dollar as a reserve asset.
No BRICS Currency at Upcoming Summit, Buffett Called Dollar Dominance
BRICS will not develop a joint currency to rival the US dollar at its upcoming summit.
CyberKongz Genkai NFT Makes History as First PFP on Ronin
The CyberKongz Genkai NFT set has made history as the first PFP set on the Ronin blockchain, signaling a turning point in NFT adoption and integration into digital platforms, enabling users to showcase unique digital artworks as their profile pictures and driving innovation in the NFT space.
Robert F. Kennedy Jr. Drops $400K on 14 Bitcoins for His Kids
Democratic presidential candidate Robert Kennedy Jr. revealed he bought 14 Bitcoins for his children last May to demonstrate his support for cryptocurrency.
Meta’s Metaverse Losses Top $3.7B But Company Stays Committed
Meta’s Reality Labs metaverse segment losses topped $3.74B in Q2 as CEO Mark Zuckerberg affirmed commitment to metaverse and AI despite dropping metaverse revenue and usage of the new Threads app.
Bitcoin Steady After Expected Fed Hike as Altcoins Rally
Bitcoin traded slightly higher around $29,300 after the widely anticipated 0.25% Fed rate hike, which had little effect on crypto or traditional markets as some altcoins rallied.