Fed Chair Jerome Powell: Time Has Come for Policy to Adjust
Bitcoin rose in the immediate aftermath of his remarks at the Fed’s Jackson Hole conference.
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Financial
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MakerDAO to Offer Optional MKR Conversions for New Governance Token
MakerDAO hopes the new governance token will increase governance participation.
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First Mover Americas: Will BTC React to Powell’s Jackson Hole Speech?
The latest price moves in crypto markets in context for Aug. 23, 2024.
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Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
The Wall Street bank lowered its price targets for some miners to account for second-quarter results and changes in the bitcoin price and the network hashrate.
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Donald Trump Teases ‘The DeFiant Ones’ Crypto Project on Truth Social
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.
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DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
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Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
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Aave Token Has Beaten the Market With a 45% Price Surge. Here’s Why
AAVE has outperformed every other top 100 cryptocurrency by market value in the past four weeks.
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Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator
The Judge ruled that Bit Trade Pty Ltd. issued its financial product to retail clients without having first made a target market determination for the product.
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Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’
The new project, “Soneium” will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism’s OP Stack.