📢 Half Mountain Newsletter #Issue 66| Market rebound, new coin listings, airdrop registrations, and policy shifts all updated 📰
1️⃣ Bitcoin quickly rebounded after sharp fluctuations, driving a general rise in altcoins, with the #PayFi, #DeFi, and #NFT sectors leading the charge. Stablecoin concepts like $CFX, $ENA, $Resolv, and $CVX performed impressively, indicating a promising market recovery.
2️⃣ U.S. employment data was revised down, leading to a drop in U.S. stocks, with the market expecting two interest rate cuts this year. CME shows an 89.1% chance of a rate cut by the Federal Reserve in September, with signals of a policy shift becoming increasingly clear, providing room for a rebound in risk assets.
3️⃣ The collaborative project Etherex by Linea × Consensys × Nile will launch its native token $REX on August 6, aiming to build an open and efficient DEX infrastructure.
4️⃣ The airdrop registration for the modular ZK verification protocol Succinct is ongoing! It is open for badge users such as testnet contributors, ZK and cryptography developers, protocol partners, and crypto KOLs, with a deadline of August 4 at 3 AM (UTC+8).
5️⃣ Trump Media reported a Q2 loss of $20 million and plans to launch a utility token and a digital asset ETF. The digital asset ETF plan has been submitted to the SEC, with the review postponed until September 18. It is reported that the company is actively investing in crypto assets, having purchased $2 billion in BTC in July, making it the fifth largest publicly listed Bitcoin holder globally.
📌 Market hotspots are being released intensively, the rebound horn has sounded, so keep a close eye and position early 📈
#CryptoNews #Airdrop #REX #Succinct #Bitcoin #Altcoins #ETF
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