Chirag Sharma

Crypto Market Reacts to Economic Signals: Fed Rate Cuts and Manufacturing PMI in Focus

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The crypto market is currently experiencing heightened volatility, driven by key macroeconomic indicators and the ongoing debate over potential Federal Reserve rate cuts. Investors are particularly focused on the US ISM Manufacturing PMI, using it as a gauge for future monetary policy decisions. Mixed Sentiments Surrounding Fed Rate Cuts Recent discussions reveal a divided market …

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MakerDAO

Sky Ecosystem Emerges from MakerDAO, Introducing $USDS Stablecoin

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In a landmark development within the decentralized finance (DeFi) sector, MakerDAO has rebranded as Sky Ecosystem, effective September 2, 2024. This rebranding represents not just a change in name but a strategic shift aimed at enhancing innovation and accessibility in the DeFi space. Introducing $USDS and $SKY: New Tokens for a New Era Central to …

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Vitalik Buterin Denies Selling Ether for Personal Profit

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In a decisive statement, Ethereum co-founder Vitalik Buterin has denied allegations of selling Ether (ETH) for personal profit. This clarification comes amidst growing speculation and concerns from the crypto community regarding his financial activities with Ethereum’s native cryptocurrency. You can read more about that here Buterin’s ETH Sales: Focused on Supporting Web3 and Philanthropy Buterin …

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Cardano’s Chang Hard Fork: A New Era in Blockchain Governance

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Cardano, a leading blockchain platform renowned for its academic rigor, is set to launch the much-anticipated Chang hard fork on September 1, 2024. This pivotal update marks the beginning of Cardano’s Voltaire era, ushering in a new phase of decentralized governance. The Chang Hard Fork and Decentralized Governance The Chang hard fork introduces a revolutionary …

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Donald Trump Crypto

Trump Pledges to Make the U.S. the “Crypto Capital of the Planet”

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Former President Donald Trump has announced his plan to make the United States the “crypto capital of the planet” if elected for a second term. This bold statement highlights Trump’s commitment to embracing cryptocurrency. He believes the current administration has unfairly targeted this growing sector. Vision for the U.S. Crypto Landscape Trump’s vision includes several …

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Crypto Bull Run Cycles

Crypto Bull Run: Bitcoin Cycles and the Impact of Liquidity Events

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Today, I want to delve into one of the most debated topics in the crypto community : cycles in the crypto bull run. This concept has long been a cornerstone of Bitcoin analysis, with many enthusiasts swearing by the predictable patterns that Bitcoin is said to follow. However, as we approach the 2024 cycle, it’s …

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TON Blockchain Resumes After 7 hour Downtime

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In a significant event for the blockchain community, The Open Network (TON) blockchain temporarily halted operations this morning, resuming after over seven hours of downtime. The network, known for its speed and scalability, experienced a critical disruption due to an unprecedented network overload linked to the distribution of DOGS tokens. Impact on Exchanges and Recovery …

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Nasdaq Seeks SEC Approval for Bitcoin Index Options, Marking a Major Crypto Milestone

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In a significant step towards further integrating cryptocurrency into traditional financial markets, Nasdaq has announced plans to seek approval from the U.S. Securities and Exchange Commission (SEC) to launch options on a Bitcoin index. This development represents a notable advance in the ongoing evolution of cryptocurrency within regulated financial sectors. A New Avenue for Bitcoin …

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Fetch.ai

Fetch.ai Unveils $10M Innovation Lab to Boost AI and Blockchain Startups

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Fetch.ai, a leader in decentralized machine learning, has announced the launch of an Innovation Lab with a $10 million fund. This initiative is designed to drive innovation at the intersection of AI and blockchain technologies, marking a significant investment in these rapidly growing fields. $10M Fund for AI and Blockchain Projects The Innovation Lab will …

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