Crypto News

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflationSource link

BTC ETFs: +$11m, ETH ETFs: -$40m. BTC hits $56k then rebounds, $176m liquidated. Schumer says crypto policy can pass this year. Tether mints another $250m on SOL. Bernstein moves several BTC miners to ‘Outperform’. Miners raised $2.2bn in Q2 to help cash crunch. EigenLayer TVL falls $351m after airdrop controversy. ARB announces staking. S. Korea pension fund buys $34m of MicroStrategy. Coinbase allows gold & oil futures trading.Source link

Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting their portfolios accordingly. The futures market predicts a 100% chanceSource link

Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings sinceSource link

Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the project revolves around “digital real estate.” He emphasized that this venture is “equitable”Source link