Global assets faced a "Black Monday." However, with the release of PMI data, recession expectations were reversed. Trump stated, "Vote me to reverse the economic downturn."
Bitcoin fell 9.5% in the past 24 hours, while ether tumbled 19.45%.
This week, five tokens are facing major unlocks; the EU is considering including cryptocurrencies in the investment market; and the deadline for claims in the Terraform Labs bankruptcy case is approaching.
The Layer 1 project Monad, which has received hundreds of millions in funding, recently announced that three ecosystem projects—Kuru, aPriori, and Kintsu—have secured funding.
The Starknet ecosystem derivatives DEX platform ZKX announced that it has ceased operations, citing the team's inability to find an economically viable path.
Based on institutional holdings, the top-tier firms mentioned in the text tend to favor holding ETH, DeFi and RWA tokens.
There are many policy-related announcements this week, with a key focus on the Federal Reserve's interest rate decision.
On July 26, Bitlayer, a leading Bitcoin Layer 2 solution provider, and DeGame, a top NFT game aggregator, officially launched the Web3 Carnival event, Bitlayer Summer Carnival.
How large is the market space for BTC staking? What are the prospects? Learn more in this article.
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