The Bank for International Settlements (BIS) and the Bank of England have unveiled the results of Project Pyxtrial, designed to monitor the reserves of asset-backed stablecoins and tokenized assets. Described as a proof-of-concept and an “important first step,” Pyxtrial demonstrates that real-time m

OverviewCatch up the highlights from July 16 to July 31, 2024 at FameEX. During this period, FameEX has introduced a new feature allowing users to register using their mobile numbers. Now, new users can complete their sign-up process with their mobile numbers. Additionally, FameEX’s global ranking h

Fed Chairman Powell: Rate Cut Possible in September if Inflation Meets TargetFed Chairman Powell stated that if inflation targets are met, interest rate cuts could happen as early as September. He highlighted the importance of data trends, changing outlooks, and risk balances. Powell also assured th

According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil aims to finalize cryptocurrency market regulations by 2025. To achieve this, the institution will conduct a second public consultation to gather opinions from market participants and tailor the r

Over the past week, Bitcoin leveraged positions have surged, but a significant portion of these 'late longs' have been liquidated as the BTC price fell to around $65,000.Source: www.ekonomim.comThis decline follows multiple unsuccessful attempts to breach the $70,000 mark, highlighting this resistan

SEC Unveils Information Page to Assist Terraform Labs Investor CompensationThe U.S. Securities and Exchange Commission (SEC) has published an information page for investors affected by Terraform Labs. After a settlement agreement last month, the SEC received inquiries about compensation procedures.

Speculation is growing that the Biden administration will sell all its seized Bitcoin holdings following former President Donald Trump's pledge to retain all U.S. government bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell every bitcoin bef

Solana’s on-chain activity is surging as its liquid staking tokens contribute to a Total Value Locked (TVL) surpassing $5.5 billion.Source: vi.moneySOL is set to close July with a 30% monthly return and is gearing up to test its yearly high of approximately $210 in the coming weeks. While many in th

The Fed Might Indicate a September Rate Cut This WeekU.S. Treasury yields fell ahead of the Federal Reserve's interest rate decision. The Fed is expected to keep rates unchanged but may hint at a September rate cut. Wall Street Journal economists predict weaker consumer confidence and labor cost ind

1. BTC Market TrendFrom July 25 to 28, the BTC spot price swung from $63,469.53 to $69,415.67, a 9.37% range. The increase was mainly rooted in Trump’s speech at this year’s Bitcoin conference and the market’s overall expectations regarding this event.In the past four days, important statements from