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1Bitget Daily Digest (May 8)｜Fed Holds Rates Steady for the Third Time, Trump Says He Will Announce Big News Today2Dogecoin Faces Medium-Term Pressure as Analysts Present Conflicting Outlooks3Sei Labs embraces Ethereum with bold EVM-only shift eliminating Cosmos support
Can Ethereum Meet Traders’ Bullish Expectations?
Newscrypto·2024/07/24 13:51
Ethereum has less short-term price potential than bitcoin, analysts say
Options traders are less optimistic about ether’s short-term price performance compared to bitcoin’s, QCP Capital analysts said.However, analysts maintain a positive outlook for ether in the medium to long term.
The Block·2024/07/24 13:46
Fetch.ai (FET) Traders Turn Bullish as ASI Phase 2 Nears
BeInCrypto·2024/07/24 13:26
Ethereum ETFs Debut with Strong Launch, Sparking Optimism for Future Crypto Funds
Cryptodnes·2024/07/24 13:22
Worldcoin Launches Token Unlocking Program
Cryptodnes·2024/07/24 13:22
Franklin Templeton Eyes Solana for Future ETFs
Cryptodnes·2024/07/24 13:22
Airdrop success propels Bitget wallet to second most popular in Japan
Cointelegraph·2024/07/24 13:07
Firm behind Proton Mail unveils self-custodial Bitcoin wallet
Quick Take Proton, known for its privacy-focused solutions like Proton Mail and Proton VPN, has unveiled a self-custodial Bitcoin wallet solution. Proton Wallet is initially available to early access users ahead of a broader rollout.
The Block·2024/07/24 11:16
Flash
- 00:10Rumble to Launch Non-Custodial Wallet in Partnership with Tether in Q3Video sharing platform Rumble CEO Chris Pavlovski announced that Rumble will partner with Tether to launch the Rumble Wallet, scheduled to go live in the third quarter of this year. The wallet is positioned as a non-custodial Bitcoin and stablecoin wallet, aiming to become a mainstream alternative supporting the creator economy and directly competing with CEX.
- 00:09Stablecoin GENIUS Act Fails Senate Vote, Democrats Accuse Trump of Cryptocurrency Conflict of InterestAccording to NBC, the U.S. Senate rejected the stablecoin regulatory framework bill, GENIUS Act, with a vote of 48:49, due to collective opposition from the Democrats, who claimed that the Trump family's involvement in cryptocurrency poses a corruption risk. Although the Republicans hold a majority, they did not reach the 60-vote procedural threshold. The bill originally aimed to establish the first U.S. stablecoin regulatory system. Provisions such as banning government officials from holding crypto assets, demanded by the Democrats, were not included in the bill. Senate Republicans stated they would push for another vote in the coming days.
- 00:09Trump seeks to increase taxes on the wealthy earning over $2.5 million annuallyAccording to sources, U.S. President Trump is pushing to raise tax rates for some of the wealthiest Americans to offset other tax cuts in his signature economic plan. Trump's proposal calls for a new tax bracket of 39.6% for individuals earning at least $2.5 million annually or couples earning $5 million. If approved by Congress, it would bring the top tax rate back to the level before Trump's 2017 tax cuts. The current top individual tax rate is 37%. Trump made this request in a call to House Speaker Johnson on Wednesday and reiterated his desire to eliminate the carried interest tax break enjoyed by venture capital and private equity fund managers.