Morning news from CrypticNews Hub

1. Layer2 Financial completed a $10.7 million Series A funding round led by Galaxy Ventures.

2. The assets under management of BlackRock’s Ethereum ETF ETHA surpassed 180,000 ETH, with a market value of over $600 million.

3. Barclays: The Fed’s expectations for a rate cut in September are difficult to overcome.

4. Baby Doge acquires the cryptocurrency media Coin.News.

5. CME FedWatch: The probability of the Fed holding rates steady tonight is 96.9%.

6. U.S. employment data from ADP for July came in at 122,000, below the expected 150,000, with the previous figure revised from 150,000 to 155,000.

7. Following the ADP data release, the U.S. Dollar Index (DXY) dropped 7 points in the short term and is now at 104.06.

8. Economist: Trump’s plan to create a national Bitcoin reserve offers no significant economic benefits.

9. PGIM: The Fed is expected to cut interest rates by approximately 150 basis points by the end of 2025.

10. QED launches the first ZK Rollup on Dogecoin.

11. Grayscale transfers 700 BTC to a Coinbase Prime address.

12. Small income growth in the non-farm sector fell short of expectations, and U.S. stocks opened with a collective increase, with MicroStrategy rising by 3.98%.

13. Grayscale transferred over 36,000 ETH to a Coinbase Prime address.

14. Market news: Gary Cardone donated 12.8 BTC to Trump.

15. On July 31, net outflows from the American Ethereum ETF totaled 15,691 ETH, while net inflows to the Bitcoin ETF were 113 BTC.

16. Breakout, a cryptocurrency trading company, completed a $4.5 million seed funding round led by RockawayX.

17. DWF Labs withdrew 117,563 PENDLE from Binance.

18. Jupiter Lianchuang: Publicly analyze JUP distribution every 6 months and disclose 100% of token sales.

19. Tether released its Q2 report: First-half profits reached $5.2 billion, marking Tether’s best performance to date.

20. Market news: U.S. Senator Warren urged Fed Chair Powell to lower interest rates.

21. DePIN project Daylight completes a $9 million Series A funding round led by a16z Crypto.