đ What happened in Crypto in the last 12h? đ
âą Powell said that the recent 50bp rate cut should not be interpreted as a sign that future rate cuts will be aggressive, but rather that the next rate cut will be smaller(25bp). This is contrary to market expectations for more aggressive QE.
âą Japan is set to review its regulations on crypto. This could mean a lower crypto tax rate and the possible opening of a crypto ETF in Japan.
âą Trump's DeFi platform WLFI opens whitelist registration; participants must undergo KYC and are eligible for non-US residents and US accredited investors.
âą $EIGEN - Today, several CEXs have announced the listing of $EIGEN. $EIGEN is scheduled to unlock at sept 30th 4am UTC. Listing times on major cex > Bybit: 4am, Binance: 5am, OKX: 6am (UTC)
âą $ENA - A governance proposal for Ethereal Exchange, a USDe-based DEX, has appeared. Ethena team has mentioned plans to place liquidity on other DEXs, including Hyperliquid. Additionally, holders of $sENA are allocated 15% of the Ethereal governance tokens.
âą $STMX - StormX merges with #EARNMrewards and announces plans to swap $STMX for $EARNM.
