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ZORA has been one of the fastest-rising new tokens in the past week, jumping nearly 80% in just seven days to reach a high of $0.14. Much of this ZORA price surge has been driven by a sharp rise in activity on its NFT minting platform, which has been attracting new creators and collectors. This … <a href="https://beincrypto.com/zora-price-consolidation-after-80-percent-rally/">Continued</a>
Ethereum has surged nearly 20% in a week and is just one key stop away from its all-time high. Two cohorts could provide the push for an aggressive upmove .
Cryptocurrency markets dropped to $3.9 trillion as investors await July's Consumer Price Index data, which could determine the Federal Reserve's September rate cut decision.
With record ETF inflows, institutional adoption, and bullish on-chain trends, crypto in 2025 is primed for what analysts call its biggest rally yet. Weak BTC dominance and ETH’s strength could set up an explosive altcoin season.
- 12:54Anti-fraud company SEON completes $80 million Series C funding round, led by Sixth Street GrowthChainCatcher news, anti-fraud company SEON announced the completion of an $80 million Series C financing round, led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt, and new investor Hearst. This new round brings SEON's total funding to $187 million, including a $94 million Series B round raised in 2022. The company's two founders previously established a fiat-supporting cryptocurrency platform in Central and Eastern Europe, and SEON will also address the increasingly complex digital environment in related fields. Currently, SEON provides services to clients across various industries, including cryptocurrency, gaming, financial institutions, and e-commerce. Its clients include Patreon, Revolut, NuBank, Ladbrokes, as well as Air France and KLM Royal Dutch Airlines. With the help of the new funds, they hope to reach more clients and offer effective yet budget-friendly fraud prevention solutions.
- 12:47Former US Treasury Secretary Summers: Fed Policy Is "Too Loose," Inflation Remains the Top IssueJinse Finance reported that former U.S. Treasury Secretary Summers stated that the Federal Reserve's policy is leaning towards being "too loose," and emphasized that the greatest risk facing the U.S. economy comes from inflation rather than the job market. Summers said, "If I were in Chairman Powell's position, my biggest concern would definitely be focused on inflation." Speaking about the Fed's rate cut measures, Summers said, "I don't think they are doing this under political pressure, but I believe that at a time like this, the Fed must 'go all out' (to maintain its anti-inflation stance). And I'm not sure they have reached the level of 'all out' that I would expect."
- 12:42Trust Wallet releases new TWT economic model and launches multiple ecosystem incentivesChainCatcher news, according to the official Trust Wallet blog, Trust Wallet has announced a new economic model for TWT (Trust Wallet Token), proposing to enhance user activity and loyalty through a tiered incentive system. TWT will be used in multiple scenarios including staking rewards, DeFi staking, fee discounts, gas fee payments, exclusive services, and community governance. The total supply of TWT is fixed, with over 40% already in circulation, and the remaining portion will be used for ecosystem development, liquidity, partnerships, and team incentives. The new incentive measures will be launched in phases over the next six months.