Today's news update
1. Wormhole Launches Governance Feature, W Token Rises
- Introduce the Stake for Governance feature for W token holders.
- Daily transfer limit of 100 million W tokens.
- W token price rose 4.44% and trading volume soared.
2. Robert Kiyosaki Believes Bitcoin Will Hit $350K in August
- He believes that BTC will be worth $350,000 on August 25.
- The predictions relate to the incompetence of US leaders.
- Add ETH & SOL to its list of safe haven assets.
3. European & Canadian Central Banks Cut Interest Rates
- ECB and BoC cut interest rates to 3.75% & 4.75% respectively.
- Lower interest rates increase crypto investment.
- Lower interest rates with a cautious approach.
4. Binance Resumes Mastercard Crypto Payments
- Binance resumes Mastercard-backed crypto withdrawals.
- This reactivation is conditional.
- Binance seeks to maintain its reach.
5. Robinhood Will Acquire Crypto Exchange Bitstamp
- Robinhood acquires Bitstamp for $200 million.
- Bitstamp is a crypto exchange with good licenses in many countries.
- This acquisition is an indication that the crypto market is currently bullish.