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Mitsubishi UFJ: Even if the Federal Reserve signals a rate cut, the US dollar is unlikely to continue to fall. On July 31st, Mitsubishi UFJ analyst Derek Halpenny stated that even if the Federal Reserve hints at a possible rate cut in the near future, the US dollar is unlikely to continue declining. Recent price trends show that the correlation between US bond yields and exchange rates is decoupling, and fragile risk appetite is supporting demand for safe-haven assets like the US dollar. Therefore, any US dollar depreciation caused by rate cut signals will not last long, especially since the currency market has already fully priced in a rate cut in September. Factors such as falling commodity prices and increased stock market volatility are not conditions that would sustain a sell-off of the US dollar. $PEPE $SOL $WLD
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Blackrock's Ethereum ETF ETHA has surpassed 180,000 ETH in holdings, with a market value exceeding $600 million. According to Mars Finance news, BlackRock's official update on the spot Ethereum ETF data shows that as of July 30, the market value of the iShares Ethereum Trust ETF (ETHA) reached approximately $614,674,007.83, with holdings exceeding 180,000 ETH, reaching 187,882.9213 ETH, an increase of more than 36,060 ETH from the previous trading day. $PEPE $SOL $WLD
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Data: The Blackrock Ethereum ETF ETHA has holdings exceeding 180,000 ETH, with a market value of over $600 million. ChainCatcher news, Blackrock's official update on the spot Ethereum ETF data shows that as of July 30, the market value of the iShares Ethereum Trust ETF (ETHA) reached approximately $614,674,007.83, with holdings exceeding 180,000 ETH, reaching 187,882.9213 ETH, an increase of over 36,060 ETH from the previous trading day. $PEPE $SOL $WLD
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Blackrock's Ethereum ETF ETHA has surpassed 180,000 ETH in holdings, with a market value exceeding $600 million. Odaily reported that BlackRock's official update on the spot Ethereum ETF data shows that as of July 30, the market value of the iShares Ethereum Trust ETF (ETHA) reached approximately $614,674,007.83, with holdings exceeding 180,000 ETH, reaching 187,882.9213 ETH, an increase of more than 36,060 ETH from the previous trading day. $PEPE $SOL $WLD
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ZKX founder responds to ZachXBT: The $7.6 million financing was raised from 2021 to 2024 and has been used for various expenses. Foresight News reported that Eduard, the founder of ZKX, responded to ZachXBT's question about "why they raised $7.6 million in funding, and the TGE had just started a few weeks ago, but ZKX announced the closure." Eduard said, "The $7.6 million in funding was raised from 2021 to 2024 to support a team of 30 people to build a dedicated blockchain for expanding perps. This includes multiple code audits with Nethermind, TGE listing costs, AWS fees (running L3 on the cloud is expensive), and developer adoption activities for Cairo programming. All user funds have been refunded, and over 80% of users have exited the protocol (the main wallet is self-custodied). The core founders have not sold any of their allocated tokens, unfortunately, the 4 years of work and life have gone to waste. What people also don't talk about is the community pressure, vulnerabilities, scams, and hacks that DeFi teams have to endure. We did our best to protect customer funds, and Binance knows some of the attackers. In hindsight, running a fully on-chain smart contract protocol instead of L3 and other strategic decisions would have been more financially prudent. We have learned from this painful experience." ZachXBT responded, "You left out all the people you scammed into buying your scam tokens on the TGE, as you closed it shortly after announcing the funding. All the content you just shared did not happen between the TGE and today." $PEPE $SOL $WLD
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