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How many Ethereum you are holding?😅
How many Ethereum you are holding?😅
$BTC $ETH Which one are you? 😆
$BTC
$ETH
Which one are you? 😆
$ETH Happy 9th birthday, Ethereum!$ETH
$ETH
Happy 9th birthday, Ethereum!$ETH
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$BTC bullish 😍 $ETH $BNB
$BTC bullish 😍
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$WRX $ETH This is the time! If you think you are the best hacker, then this is the opportunity for you to show your ability and earn some money legally.$ETH
$WRX
$ETH
This is the time! If you think you are the best hacker, then this is the opportunity for you to show your ability and earn some money legally.$ETH
A B C D   E-T-H  ETF is here !! 🚀 $ETH SEC approves Spot ETH trading $ETH What do you think it means for the crypto industry?$ETH
A B C D   E-T-H  ETF is here !! 🚀 $ETH

SEC approves Spot ETH trading $ETH
What do you think it means for the crypto industry?$ETH
$WRX đŸ˜±đŸ’„Breaking news đŸ˜±230millions hackedđŸ’„đŸ˜łđŸ˜Č India biggest crypto exchange hackedđŸ’„đŸ˜±đŸ˜± binance is safe????đŸ˜±đŸ˜łđŸ˜ł Indian crypto exchange WazirX reveals details about major security breach causing theft of overđŸ˜€đŸ˜± $230 million.. According to the WazirX's 'Preliminary report', the compromised wallet had been using Liminal’s digital asset custody and wallet infrastructure since February 2023.  According to the report, this wallet required approvals from six signatories (people who approve transactions) – five from WazirX and one from Liminal. To complete a transaction, three WazirX signatories and the Liminal signatory had to approve it. They also had a security rule allowing transactions only to pre-approved addresses.. How did the hack happen?😳 The attackers managed to exploit a gap between what was shown on Liminal’s interface and what was actually happening in the transaction. They altered the transaction to gain control of the wallet, bypassing the security measures. WazirX's response -------------------- WazirX claimed that even though it had strong security systems in place, the hackers got through. The exchanges is now trying to block any further deposits and is trying to recover the stolen funds.   Liminal's Statement = Liminal, in an earlier statement, clarified that their system was not breached. They said the compromised wallet was created outside their system, and all wallets within their platform are safe. What are Multisig Wallets? $WRX Multisig wallets require multiple private keys to approve transactions, adding an extra layer of security. However, in this case, the hackers managed to bypass this security.$WRX
$WRX đŸ˜±đŸ’„Breaking news đŸ˜±230millions hackedđŸ’„đŸ˜łđŸ˜Č
India biggest crypto exchange hackedđŸ’„đŸ˜±đŸ˜± binance is safe????đŸ˜±đŸ˜łđŸ˜ł

Indian crypto exchange WazirX reveals details about major security breach causing theft of overđŸ˜€đŸ˜± $230 million..

According to the WazirX's 'Preliminary report', the compromised wallet had been using Liminal’s digital asset custody and wallet infrastructure since February 2023.  According to the report, this wallet required approvals from six signatories (people who approve transactions) – five from WazirX and one from Liminal. To complete a transaction, three WazirX signatories and the Liminal signatory had to approve it. They also had a security rule allowing transactions only to pre-approved addresses..

How did the hack happen?😳

The attackers managed to exploit a gap between what was shown on Liminal’s interface and what was actually happening in the transaction. They altered the transaction to gain control of the wallet, bypassing the security measures.

WazirX's response
--------------------

WazirX claimed that even though it had strong security systems in place, the hackers got through. The exchanges is now trying to block any further deposits and is trying to recover the stolen funds.
 
Liminal's Statement = Liminal, in an earlier statement, clarified that their system was not breached. They said the compromised wallet was created outside their system, and all wallets within their platform are safe.

What are Multisig Wallets?

$WRX Multisig wallets require multiple private keys to approve transactions, adding an extra layer of security. However, in this case, the hackers managed to bypass this security.$WRX
$WRX đŸ˜±đŸ’„Breaking newsđŸ’„India buggest crypto exchange hackedđŸ’„đŸ˜±đŸ˜± binance is safe????đŸ˜±đŸ˜łđŸ˜ł Indian crypto exchange WazirX reveals details about major security breach causing theft of overđŸ˜€đŸ˜± $230 million.. According to the WazirX's 'Preliminary report', the compromised wallet had been using Liminal’s digital asset custody and wallet infrastructure since February 2023. According to the report, this wallet required approvals from six signatories (people who approve transactions) – five from WazirX and one from Liminal. To complete a transaction, three WazirX signatories and the Liminal signatory had to approve it. They also had a security rule allowing transactions only to pre-approved addresses How did the hack happen?😳 The attackers managed to exploit a gap between what was shown on Liminal’s interface and what was actually happening in the transaction. They altered the transaction to gain control of the wallet, bypassing the security measures. WazirX's response -------------------- WazirX claimed that even though it had strong security systems in place, the hackers got through. The exchanges is now trying to block any further deposits and is trying to recover the stolen funds.   Liminal's Statement = Liminal, in an earlier statement, clarified that their system was not breached. They said the compromised wallet was created outside their system, and all wallets within their platform are safe. What are Multisig Wallets?$WRX Multisig wallets require multiple private keys to approve transactions, adding an extra layer of security. However, in this case, the hackers managed to bypass this security.$WRX
$WRX đŸ˜±đŸ’„Breaking newsđŸ’„India buggest crypto exchange hackedđŸ’„đŸ˜±đŸ˜± binance is safe????đŸ˜±đŸ˜łđŸ˜ł

Indian crypto exchange WazirX reveals details about major security breach causing theft of overđŸ˜€đŸ˜± $230 million..

According to the WazirX's 'Preliminary report', the compromised wallet had been using Liminal’s digital asset custody and wallet infrastructure since February 2023. According to the report, this wallet required approvals from six signatories (people who approve transactions) – five from WazirX and one from Liminal. To complete a transaction, three WazirX signatories and the Liminal signatory had to approve it. They also had a security rule allowing transactions only to pre-approved addresses

How did the hack happen?😳

The attackers managed to exploit a gap between what was shown on Liminal’s interface and what was actually happening in the transaction. They altered the transaction to gain control of the wallet, bypassing the security measures.
WazirX's response
--------------------

WazirX claimed that even though it had strong security systems in place, the hackers got through. The exchanges is now trying to block any further deposits and is trying to recover the stolen funds.
 
Liminal's Statement = Liminal, in an earlier statement, clarified that their system was not breached. They said the compromised wallet was created outside their system, and all wallets within their platform are safe.

What are Multisig Wallets?$WRX

Multisig wallets require multiple private keys to approve transactions, adding an extra layer of security. However, in this case, the hackers managed to bypass this security.$WRX
$ETH đŸ’„đŸ’„$5k Ethereum $ETH ??đŸ’„â€ïžâ€đŸ”„ Will Ethereum reach đŸ”„$5000??đŸ’„đŸ”„ $ETH {spot}(ETHUSDT)
$ETH đŸ’„đŸ’„$5k Ethereum $ETH ??đŸ’„â€ïžâ€đŸ”„
Will Ethereum reach đŸ”„$5000??đŸ’„đŸ”„
$ETH
$ETH đŸ’„đŸ’„BREAKING NEWSđŸ’„đŸ’„đŸ’„$ETH Ether spot ETF inflows will push ETH to beyondđŸ’„đŸ’„ $5k đŸ’„ :Bitwise * Launch of spot ether ETFs in the U.S. will push the price of the crypto to all-time highs above $5,000, the report said. * Bitwise said money flowing into new ether spot ETFs will have a larger impact than it did for bitcoin. * Ether spot ETFs are expected to draw in $15 billion of net inflows in the first 18 months. The launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected to occur next week, will push the price of the second largest cryptocurrency to all-time highs above $5,000, Bitwise said. It may not happen immediately and price action may be choppy to start, due to money flowing out of the $11 billion Grayscale Ethereum Trust (ETHE), after it converts to an ETF, Bitwise chief investment officer Matt Hougan wrote in a report on Tuesday. Still, “by year-end, I'm confident the new highs will be in,” Hougan wrote, “and if flows are stronger than many market commentators expect, the price could be much higher still.” Bitwise notes that bitcoin (BTC) has risen about 25% since the launch of spot ETFs in the U.S. in January, and more than 110% since the market began pricing in a potential launch in October last year. The money flowing into new ether spot ETFs will have a larger impact than it did for bitcoin for three structural reasons, Bitwise said. Ether’s short-term inflation rate is 0% and when bitcoin versions launched the network’s inflation rate was 1.7%, so there is significant demand meeting zero supply. Unlike bitcoin miners ETH stakers don’t have to sell, and 28% of ETH is staked and therefore off the market. Ether spot ETFs are expected to be a success and garner $15 billion of net inflows in their first 18 months of trading, the report added. Steno Research expressed a similarly bullish outlook for the cryptocurrency in a report last month. It predicted that ether would reach at least $6,500 later this year due to expected inflows to spot ETFs, plus additional tailwinds $ETH {spot}(ETHUSDT)
$ETH
đŸ’„đŸ’„BREAKING NEWSđŸ’„đŸ’„đŸ’„$ETH
Ether spot ETF inflows will push ETH to beyondđŸ’„đŸ’„ $5k đŸ’„ :Bitwise

* Launch of spot ether ETFs in the U.S. will push the price of the crypto to all-time highs above $5,000, the report said.

* Bitwise said money flowing into new ether spot ETFs will have a larger impact than it did for bitcoin.

* Ether spot ETFs are expected to draw in $15 billion of net inflows in the first 18 months.

The launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected to occur next week, will push the price of the second largest cryptocurrency to all-time highs above $5,000, Bitwise said.

It may not happen immediately and price action may be choppy to start, due to money flowing out of the $11 billion Grayscale Ethereum Trust (ETHE), after it converts to an ETF, Bitwise chief investment officer Matt Hougan wrote in a report on Tuesday.
Still, “by year-end, I'm confident the new highs will be in,” Hougan wrote, “and if flows are stronger than many market commentators expect, the price could be much higher still.”

Bitwise notes that bitcoin (BTC) has risen about 25% since the launch of spot ETFs in the U.S. in January, and more than 110% since the market began pricing in a potential launch in October last year.

The money flowing into new ether spot ETFs will have a larger impact than it did for bitcoin for three structural reasons, Bitwise said. Ether’s short-term inflation rate is 0% and when bitcoin versions launched the network’s inflation rate was 1.7%, so there is significant demand meeting zero supply. Unlike bitcoin miners ETH stakers don’t have to sell, and 28% of ETH is staked and therefore off the market.

Ether spot ETFs are expected to be a success and garner $15 billion of net inflows in their first 18 months of trading, the report added.

Steno Research expressed a similarly bullish outlook for the cryptocurrency in a report last month. It predicted that ether would reach at least $6,500 later this year due to expected inflows to spot ETFs, plus additional tailwinds
$ETH
$WLD đŸ’„đŸ’„đŸ’Łâœ‹ïžbreaking newsđŸ’„đŸ’„đŸ’„ đŸ’ąđŸ’„đŸ’«Worldcoin rallies over 36% đŸ’ŁđŸ’„after announcing token unlock extension * Worldcoin announced the extension of WLD token unlocks for team members and investors from three to five years. * Investors raised concerns about the rising supply of WLD, speculating a possible price manipulation. * WLD is up more than 36% following the announcement.
$WLD đŸ’„đŸ’„đŸ’Łâœ‹ïžbreaking newsđŸ’„đŸ’„đŸ’„

đŸ’ąđŸ’„đŸ’«Worldcoin rallies over 36% đŸ’ŁđŸ’„after announcing token unlock extension

* Worldcoin announced the extension of WLD token unlocks for team members and investors from three to five years.

* Investors raised concerns about the rising supply of WLD, speculating a possible price manipulation.

* WLD is up more than 36% following the announcement.
$WLD đŸ’„đŸ’„BREAKING newsđŸ’„đŸ’„đŸ’„đŸ’„ If you are buying WLD, you need to be careful. On July 24, there will be huge token unlocks and a large supply increase, which could cause the WLD coin to dump
$WLD đŸ’„đŸ’„BREAKING newsđŸ’„đŸ’„đŸ’„đŸ’„
If you are buying WLD, you need to be careful. On July 24, there will be huge token unlocks and a large supply increase, which could cause the WLD coin to dump
$ETH Ethereum #ETF launch could push Ether to new all-time high, on one condition ‱ Ethereum analyst from venture capital firm says Spot Ethereum approval could come as early as this week, placing odds at 72.7%.  ‱ A crypto analyst predicts 200% gains in Ether price, post the anticipated approval of the Spot ETF by the Securities & Exchange Commission.  ‱ Ether sustains above $3,000 even as supply on exchanges surges to 2024 peak.  Ethereum (ETH) traders are watching two key events closely: the anticipated approval of the Spot Ether ETF and the activities of whales, the large wallet investors holding ETH. An analyst has predicted that the odds of Spot Ether ETF is 72.7% this week.  Ethereum ETF launch, and on-chain activity  Analyst behind the X handle @DarkCryptoLord says that the odds of the SEC approving a Spot ETH ETF is 72.7% this week. ETH traders anticipate the ETF approval to act as a bullish catalyst for the altcoin’s price.  Eric Balchunas, Senior ETF analyst at Bloomberg shared his thoughts on the Ether ETF and said it remains unclear why the US financial regulator is taking so long.  Santiment data shows that Ethereum supply on exchanges has climbed to its highest level in 2024. It is likely that Ether holders anticipate a rally in ETH price and are waiting to take profits.  19.23 million Ether is being held in wallets across crypto exchanges per Santiment chart $ETH {spot}(ETHUSDT)
$ETH Ethereum #ETF launch could push Ether to new all-time high, on one condition

‱ Ethereum analyst from venture capital firm says Spot Ethereum approval could come as early as this week, placing odds at 72.7%. 

‱ A crypto analyst predicts 200% gains in Ether price, post the anticipated approval of the Spot ETF by the Securities & Exchange Commission. 

‱ Ether sustains above $3,000 even as supply on exchanges surges to 2024 peak. 
Ethereum (ETH) traders are watching two key events closely: the anticipated approval of the Spot Ether ETF and the activities of whales, the large wallet investors holding ETH.

An analyst has predicted that the odds of Spot Ether ETF is 72.7% this week. 

Ethereum ETF launch, and on-chain activity 

Analyst behind the X handle @DarkCryptoLord says that the odds of the SEC approving a Spot ETH ETF is 72.7% this week. ETH traders anticipate the ETF approval to act as a bullish catalyst for the altcoin’s price. 

Eric Balchunas, Senior ETF analyst at Bloomberg shared his thoughts on the Ether ETF and said it remains unclear why the US financial regulator is taking so long. 

Santiment data shows that Ethereum supply on exchanges has climbed to its highest level in 2024. It is likely that Ether holders anticipate a rally in ETH price and are waiting to take profits. 
19.23 million Ether is being held in wallets across crypto exchanges per Santiment chart
$ETH
Worldcoin prepares for World Chain Mainnet launch through developer preview ‱ Worldcoin launched a developer preview for World Chain ahead of its Mainnet launch. ‱ World Chain will become a new hub for all World ID integration and unify the Worldcoin community. ‱ WLD is up more than 4% amid upcoming large token unlocks. Worldcoin (WLD) launched a developer preview for World Chain on Tuesday as it prepares its community for Mainnet launch later in the year. The preview will allow developers to reach its ten million users scattered across the globe. WLD price is up as World Chain launch draws closer Worldcoin Foundation announced the launch of its Layer 2 World Chain developer preview in anticipation of its Mainnet launch. According to a Worldcoin blog post, World Chain will help cater to the infrastructure needs of Worldcoin and Worldapp users by boosting transaction speed and improving ID verification. The preview aims to allow developers to test run World Chain's operations and provide feedback on its architecture. Additionally, it ensures that builders will be well-positioned before the anticipated transition of over 10 million users from the OP Mainnet to World Chain later this summer. Currently, the preview is only available to a select number of developers who meet certain criteria. Worldcoin Foundation claims that World Chain will function as the hub for Worldcoin's network and will operate freely, without authorization, and as an open-source platform under the direction of the people it represents. World Chain will function as part of Optimism's Superchain ecosystem, consisting of L2 networks using the OP stack. Since its launch in 2023, Worldcoin's user transactions have garnered over 50% of OP's Mainnet activity, making it one of the largest L2 apps. Meanwhile According to CryptoNation, Worldcoin will see about 6.62 million WLD unlocks per day in the coming weeks. With such a huge supply injected into circulation, combined with the wider market bearish sentiment, WLD may be set for potential drawdowns. $WLD {future}(WLDUSDT)
Worldcoin prepares for World Chain Mainnet launch through developer preview

‱ Worldcoin launched a developer preview for World Chain ahead of its Mainnet launch.

‱ World Chain will become a new hub for all World ID integration and unify the Worldcoin community.

‱ WLD is up more than 4% amid upcoming large token unlocks.

Worldcoin (WLD) launched a developer preview for World Chain on Tuesday as it prepares its community for Mainnet launch later in the year. The preview will allow developers to reach its ten million users scattered across the globe.

WLD price is up as World Chain launch draws closer

Worldcoin Foundation announced the launch of its Layer 2 World Chain developer preview in anticipation of its Mainnet launch. According to a Worldcoin blog post, World Chain will help cater to the infrastructure needs of Worldcoin and Worldapp users by boosting transaction speed and improving ID verification.
The preview aims to allow developers to test run World Chain's operations and provide feedback on its architecture. Additionally, it ensures that builders will be well-positioned before the anticipated transition of over 10 million users from the OP Mainnet to World Chain later this summer. Currently, the preview is only available to a select number of developers who meet certain criteria.

Worldcoin Foundation claims that World Chain will function as the hub for Worldcoin's network and will operate freely, without authorization, and as an open-source platform under the direction of the people it represents.
World Chain will function as part of Optimism's Superchain ecosystem, consisting of L2 networks using the OP stack. Since its launch in 2023, Worldcoin's user transactions have garnered over 50% of OP's Mainnet activity, making it one of the largest L2 apps.

Meanwhile

According to CryptoNation, Worldcoin will see about 6.62 million WLD unlocks per day in the coming weeks. With such a huge supply

injected into circulation, combined with the wider market bearish sentiment, WLD may be set for potential drawdowns.
$WLD
#Ripple holders realized over $30 million in losses in the past ten days, XRP sustains above $0.47 ‱ Ripple holders have shed their XRP holdings and realized over $30 million in losses since June 15.  ‱ XRP token supply on exchanges is down to 2.84 million in the same timeframe.  ‱ XRP struggles to surge past $0.48 on Tuesday.  Ripple’s price (XRP) struggles to hold above $0.48 on Tuesday and seems ready to extend its recent decline. According to Santiment data, investors have realized losses on their token holdings in the past ten days. This is typical of market capitulation, with traders likely distributing their tokens at a loss and expecting a decline in the asset’s price.  XRP has steadily declined since the June 17 high of $0.5213, down to $0.47 on Tuesday.  Daily digest market movers: Ripple holders take losses in recent XRP price dip ‱ Ripple traders distributed their XRP holdings at a loss between June 15 and June 25, Santiment data shows.  ‱ The Network Realized Profit/Loss (NPL) metric shows negative spikes in the timeframe, losses exceed $30 million in the ten-day period.  ‱ Distribution of token holdings at a loss is typically a sign of market capitulation.  ‱ However, in the case of XRP, the supply on exchanges has declined in the past ten days.  ‱ 2.84 million XRP tokens are held on exchanges, down nearly 1% in the same period, signaling a reduction in selling pressure on the altcoin.  ‱ The Santiment chart below shows the decline in exchange supply and the NPL vs. XRP price. ‱ Developments in the SEC vs. Ripple lawsuit are typical market movers for the token.  ‱ There has been no update since the SEC’s response to Ripple on June 14, in which the regulator quotes a $102.6 million fine for the payment remittance firm’s alleged securities violation.  ‱ A California Judge recently dismissed all class action lawsuits against the firm except for one against CEO Brad Garlinghouse, a partial win for Ripple, amidst the long-drawn legal battle with the SEC. . $XRP {spot}(XRPUSDT)
#Ripple holders realized over $30 million in losses in the past ten days, XRP sustains above $0.47

‱ Ripple holders have shed their XRP holdings and realized over $30 million in losses since June 15. 

‱ XRP token supply on exchanges is down to 2.84 million in the same timeframe. 

‱ XRP struggles to surge past $0.48 on Tuesday. 

Ripple’s price (XRP) struggles to hold above $0.48 on Tuesday and seems ready to extend its recent decline. According to Santiment data, investors have realized losses on their token holdings in the past ten days. This is typical of market capitulation, with traders likely distributing their tokens at a loss and expecting a decline in the asset’s price. 

XRP has steadily declined since the June 17 high of $0.5213, down to $0.47 on Tuesday. 

Daily digest market movers: Ripple holders take losses in recent XRP price dip
‱ Ripple traders distributed their XRP holdings at a loss between June 15 and June 25, Santiment data shows. 

‱ The Network Realized Profit/Loss (NPL) metric shows negative spikes in the timeframe, losses exceed $30 million in the ten-day period. 

‱ Distribution of token holdings at a loss is typically a sign of market capitulation. 

‱ However, in the case of XRP, the supply on exchanges has declined in the past ten days. 

‱ 2.84 million XRP tokens are held on exchanges, down nearly 1% in the same period, signaling a reduction in selling pressure on the altcoin. 

‱ The Santiment chart below shows the
decline in exchange supply and the NPL vs. XRP price.

‱ Developments in the SEC vs. Ripple lawsuit are typical market movers for the token. 

‱ There has been no update since the SEC’s response to Ripple on June 14, in which the regulator quotes a $102.6 million fine for the payment remittance firm’s alleged securities violation. 

‱ A California Judge recently dismissed all class action lawsuits against the firm except for one against CEO Brad Garlinghouse, a partial win for Ripple, amidst the long-drawn legal battle with the SEC. . $XRP
$BTC $ETH $SOL ##Breaking: US #CPI inflation declines to 3.3% in May vs. 3.4% expected Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3.3% on a yearly basis in May from 3.4% in April, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in below the market expectation of 3.4%. ‱ The US Consumer Price Index is forecast to rise 3.4% YoY in May, at the same pace as in April. ‱ Annual core CPI inflation is expected to inch lower from 3.6% in April to 3.5% in May. ‱ The inflation data could impact the US Dollar value and the September rate cut expectations. The Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for May on Wednesday at 12:30 GMT. The US Dollar braces for intense volatility, as any surprises from the US inflation report could significantly impact the market’s pricing of the Federal Reserve (Fed) interest rate cut expectations in September What to expect in the next CPI data report? Inflation in the US, as measured by the CPI, is expected to increase at an annual rate of 3.4% in May, at the same pace seen in April. The core CPI inflation, which excludes volatile food and energy prices, is seen at 3.5% in the same period,  a tad lower than the 3.6% figure recorded in April. Meanwhile, the US CPI is set to rise 0.1% Mo in May, compared to a 0.3% growth in April. The core CPI inflation is likely to hold steady at 0.3% over the month in May. Just a day before the April CPI data release, Federal Reserve Chairman Jerome Powell spoke at a moderated discussion at the Foreign Bankers' Association's Annual General Meeting in Amsterdam. Powell shifted to a dovish stance on the interest rates outlook, noting that "confidence in inflation moving back down is lower than it was. My confidence on that My confidence on that is not as high as it was before. Powell added: "Don't think it's likely that the next move would be a rate hike, more likely that we would hold policy rate where i
$BTC $ETH $SOL ##Breaking: US #CPI inflation declines to 3.3% in May vs. 3.4% expected

Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3.3% on a yearly basis in May from 3.4% in April, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in below the market expectation of 3.4%.

‱ The US Consumer Price Index is forecast to rise 3.4% YoY in May, at the same pace as in April.

‱ Annual core CPI inflation is expected to inch lower from 3.6% in April to 3.5% in May.

‱ The inflation data could impact the US Dollar value and the September rate cut expectations.

The Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for May on Wednesday at 12:30 GMT.
The US Dollar braces for intense volatility, as any surprises from the US inflation report could significantly impact the market’s pricing of the Federal Reserve (Fed) interest rate cut expectations in September
What to expect in the next CPI data report?

Inflation in the US, as measured by the CPI, is expected to increase at an annual rate of 3.4% in May, at the same pace seen in April. The core CPI inflation, which excludes volatile food and energy prices, is seen at 3.5% in the same period,  a tad lower than the 3.6% figure recorded in April.

Meanwhile, the US CPI is set to rise 0.1% Mo in May, compared to a 0.3% growth in April. The core CPI inflation is likely to hold steady at 0.3% over the month in May.
Just a day before the April CPI data release, Federal Reserve Chairman Jerome Powell spoke at a moderated discussion at the Foreign Bankers' Association's Annual General Meeting in Amsterdam. Powell shifted to a dovish stance on the interest rates outlook, noting that "confidence in inflation moving back down is lower than it was. My confidence on that My confidence on that is not as high as it was before.

Powell added: "Don't think it's likely that the next move would be a rate hike, more likely that we would hold policy rate where i
$ETH #Grayscale Commissions Flow Traders To Sell $21.75M In ETH, What’s Next? Recently, Grayscale, a prominent cryptocurrency investment firm, took a strategic step by allegedly commissioning Flow Traders to sell 5,812 ETH (Ethereum), valued at approximately $21.75 million. The primary motivation behind this move is to cover the management fees associated with Grayscale’s Ethereum Trust Fund (ETHE). Grayscale imposes a 2.5% management fee annually on its ETHE holdings, which, given the substantial size of its portfolio, translates into a significant revenue stream. Grayscale’s decision to liquidate a portion of its ETH holdings demonstrates a proactive approach to financial management. By doing so, the firm ensures that operational costs are met without disrupting its overall investment strategy. The sale not only covers management fees but also reflects Grayscale’s commitment to maintaining the fund’s sustainability and operational efficiency. At present, Grayscale holds an impressive 2.97 million ETH, generating approximately 74,000 ETH in revenue annually through its management fee. This revenue stream amounts to roughly $280 million at current market prices. Since July 2023, Grayscale has systematically transferred a total of 34,270 ETH to Flow Traders, equivalent to about $88.22 million. These transfers occur in batches over several days, minimizing potential market impact and safeguarding the value of Grayscale’s remaining holdings. In the broader market context, Ethereum’s live price stands at $3,770.27, with a 24-hour trading volume of $11.68 billion. The cryptocurrency remains stable, reflecting its significant presence in the crypto market. Notably, Grayscale recently withdrew its staking proposal from its spot Ethereum ETF plan, signaling a strategic shift in its investment offerings123. . In the broader market context, Ethereum’s live price stands at $3,770.27, with a 24-hour trading volume of $11.68 billion. The cryptocurrency remains stable, reflecting its significant presence in the crypto market. Notably, Grayscale!
$ETH #Grayscale Commissions Flow Traders To Sell $21.75M In ETH, What’s Next?

Recently, Grayscale, a prominent cryptocurrency investment firm, took a strategic step by allegedly commissioning Flow Traders to sell 5,812 ETH (Ethereum), valued at approximately $21.75 million. The primary motivation behind this move is to cover the management fees associated with Grayscale’s Ethereum Trust Fund (ETHE). Grayscale imposes a 2.5% management fee annually on its ETHE holdings, which, given the substantial size of its portfolio, translates into a significant revenue stream.

Grayscale’s decision to liquidate a portion of its ETH holdings demonstrates a proactive approach to financial management. By doing so, the firm ensures that operational costs are met without disrupting its overall investment strategy. The sale not only covers management fees but also reflects Grayscale’s commitment to maintaining the fund’s sustainability and operational efficiency.

At present, Grayscale holds an impressive 2.97 million ETH, generating approximately 74,000 ETH in revenue annually through its management fee. This revenue stream amounts to roughly $280 million at current market prices. Since July 2023, Grayscale has systematically transferred a total of 34,270 ETH to Flow Traders, equivalent to about $88.22 million. These transfers occur in batches over several days, minimizing potential market impact and safeguarding the value of Grayscale’s remaining holdings.

In the broader market context, Ethereum’s live price stands at $3,770.27, with a 24-hour trading volume of $11.68 billion. The cryptocurrency remains stable, reflecting its significant presence in the crypto market. Notably, Grayscale recently withdrew its staking proposal from its spot Ethereum ETF plan, signaling a strategic shift in its investment offerings123.
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In the broader market context, Ethereum’s live price stands at $3,770.27, with a 24-hour trading volume of $11.68 billion. The cryptocurrency remains stable, reflecting its significant presence in the crypto market. Notably, Grayscale!
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