Crypto News

Hong Kong Monetary Authority Announces Decrease in Composite Interest Rate for July 2024

The Hong Kong Monetary Authority reports a decrease in the composite interest rate to 2.58% at the end of July 2024. (Read More)Source link

Tether (USD₮) Set to Launch on Aptos Blockchain

Tether announces the launch of its USD₮ tokens on the Aptos Blockchain, enhancing accessibility and utility with advanced technology. (Read More)Source link

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies.Source link

Solana (SOL) Faces Record Outflows Amid Modest Digital Asset Inflows

Digital asset investment products saw $30m in inflows last week, while Solana (SOL) experienced record outflows, according to CoinShares. (Read More)Source link

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explainingSource link